Bitcoin remains in a state of low volatility, down slightly by 2 per cent this week, according to K33 Research, as risk-averse traders cut yields, volatility and trading volumes to multi-month lows. The overall market performance is subdued, but rarely for long. Vetle Lunde, head of research at K33, pointed out that while the pro-cryptocurrency Trump administration is good for bitcoin and the industry in the long run, short-term uncertainty has kept market activity subdued. Overall...
Norway's Norges Bank Investment Management (NBIM) has accumulated $356.70 million in indirect Bitcoin (BTC) exposure, K33 Research said. The data shows that the fund indirectly held 3,821 BTC at the end of 2024, up 153% from 1,507 BTC in the same period last year. In addition, the fund also holds $500 million worth of MicroStrategy shares, as well as some Coinbase (COIN), Metaplanet (3350) and MARA Holdings (MARA) holdings.
K33 Research 表示,挪威的挪威银行投资管理公司 (NBIM) 已累计持有 3.567 亿美元的间接比特币 (BTC) 敞口。 数据显示,截至 2024 年底,该基金间接持有 3,821 BTC,较上年同期的 1,507 BTC 增长 153%。此外,该基金还持有价值 5 亿美元的 MicroStrategy 股票,以及部分 Coinbase (COIN)、Metaplanet (3350) 和 MARA Holdings (MARA) 持仓。
On January 28th, Vetle Lunde, head of research at K33, said that yesterday's slump in Nvidia's share price had a ripple effect on the cryptocurrency market, with traders on the Chicago Mercantile Exchange (CME) quickly avoiding risk. Bitcoin futures basis fell to negative for the first time since August 2023, while nominal non-position squaring contracts saw their largest ever one-day decline, falling as much as 17,225 bitcoins. It is reported that the futures basis is the price of the futures c...
On January 22, according to Cointelegraph, K33 Research DeFi analyst David Zimmerman pointed out in the latest report that despite the serious problems with the token economics of Trump tokens, there is no need to worry about supply shocks in the next three months. At present, the circulating supply of Trump tokens is 20% of the total, half of which is used for liquidity and the other half is offered to the public. The remaining 80% of the tokens will be gradually released over 36 months, and th...
1月22日消息,据Cointelegraph报道,K33 Research DeFi分析师David Zimmerman在最新报告中指出,尽管Trump代币的代币经济学存在严重问题,但在未来3个月内无需担心供应冲击。 目前,Trump代币的流通供应量为总量的20%,其中一半用于流动性,另一半面向公众发售。剩余80%的代币将在36个月内逐步释放,这些锁定的代币被分配给六个实体,包括"创建者"和"CIC Digital1-6"。首次解锁将在三个月后进...
According to K33 analysis, after Trump's election, the price of bitcoin rose sharply due to his pro-cryptocurrency policy expectations, but since mid-December, the market has come under macroeconomic pressure, which has caused the market to cool. Although Trump's inauguration was previously expected to be a "sell after good news is delivered" event, analysts pointed out that as the inauguration date approaches, the gap between the market's policy expectations for Trump and the actual political p...
Bitcoin has edged higher over the past day, with its 30-day Nasdaq correlation climbing above 0.50, despite global de-risking causing stock markets to fall, K33 Research reported. Analysts said the December FOMC meeting was seen as the main catalyst for the decline in risk assets, with the Federal Reserve lowering its forecast for the number of interest rate cuts in 2025 from four to two. Analysts said that despite the decline in global stock indices, as markets dealt with the December 18 FOMC m...
Vetle Lunde, head of research at K33 Research, said in an interview with CNBC that futures unpositioned squaring contracts on the Chicago Mercantile Exchange derivatives exchange have hit a record high, which is how most U.S. institutions currently buy bitcoin futures contracts, but many traders have been waiting for spot bitcoin ETF options on major exchanges such as the New York Stock Exchange and Nasdaq because it can enhance liquidity and provide hedging tools. Vetle Lunde added that demand ...
The premium for CME bitcoin futures contracts over the cash market price has fallen, according to K33 Research. There has been a surge in unpositioned squaring contracts for put options with a strike price of $80,000 in the past 24 hours, according to crypto data tracker Amberdata. Vetle Lunde, head of research at K33 research, said: "The market seems to be cooling, with [the premium for] CME benchmark contracts moving lower since yesterday's close, hovering around 10 per cent throughout the day...