Important BTC headlines with relate to #DigitalAsset within past 24 hours as at 4th Jan 2023, 10:48 am MYT
(1) Crypto investment products saw $2.2B total inflows in 2023 — CoinShares
When viewed year-to-year, cryptocurrency investment products experienced more inflows in 2023, with BTC having over $1.9 billion, representing 86% of the total.
https://cointelegraph.com/news/crypto-investment-products-2-2-billion-total-inflows-2023-coinshares
(2) BlackRock expected to seed ETF with $10M worth of BTC
https://cointelegraph.com/news/blackrock-expected-to-seed-etf-with-10m-worth-of-btc
(3) Peter Schiff (Gold bug) says spot Bitcoin ETF could crash BTC price
Schiff has long been a Bitcoin skeptic and has predicted its demise for years, only to be proven wrong each cycle.
He received a barrage of responses to his tweet from BTC proponents, who reminded him that
just as gold ETFs didn’t hamper real gold’s demand, a spot Bitcoin ETF would only add impetus to the BTC market.
(4) 15 years, 90K ‘Bitcoinaires’ — Bitcoin millionaire wallets jump 300%
Bitcoin is now the ninth most valuable asset in the world as it celebrates its fifteenth birthday.
In less than 15 years, it surpassed 7,963 other assets to accomplish this. (www.8marketcap.com)
Given its fixed, immutable supply of 21 million units — several million of which are considered irretrievably lost — Bitcoin faces a supply squeeze in the making should more of the world’s roughly 60,000,000 dollar millionaires decide to increase exposure.
Meanwhile, "wholecoiners" — those unique addresses containing at least 1 BTC now number more than 1 million for the first time, Glassnode shows.
https://cointelegraph.com/news/15-years-90k-bitcoinaires-bitcoin-millionaire-wallets-jump
(5) Spot Bitcoin ETF will pave the way for pension fund investment: CBOE
https://cointelegraph.com/news/bitcoin-etf-pension-fund-institutional-investment-cboe-president
(6) Michael Saylor begins selling $216M in MicroStrategy stocks for more Bitcoin
In MicroStrategy’s third-quarter earnings call on Nov. 2, Saylor said he planned to sell 5,000 MSTR shares daily for the next four months, which will go into addressing “personal obligations” and increasing the amount of Bitcoin he owns.
While Bitcoin enjoyed an impressive 170% rally from the start of last year, MicroStrategy has outperformed the asset by more than double, gaining 411% over the course of the last year, per TradingView data.
On Dec. 27, MicroStrategy purchased an additional 14,620 Bitcoin for $615 million. The purchase saw MicroStrategy’s total Bitcoin holdings grow to a staggering 189,150 Bitcoin — worth some $8.5 billion at current prices.
https://cointelegraph.com/news/michael-saylor-sells-microstrategy-shares-purchase-bitcoin
(7) Spot Bitcoin ETFs could be rejected if the SEC wants ‘more time’ — Analyst
https://cointelegraph.com/news/bitcoin-spot-etf-rejected-possibility-bloomberg-etf-analyst
