In this spot-driven & up-only market, a low funding rate could be a buy signal.

All stablecoins reserve across all exchanges hit the all-time high.

$BUSD exchange reserve also hit the ATH as 327M was flowing into exchanges in 3 weeks. — link

Progress of Bitcoin flipping the United States' M1 money supply:
▓▓░░░░░░░░░░░░░ 10%
($0.7T) ($6.7T)

Mainstream on #Bitcoin:

2010:
2011: “lol scam”
2013: *laughs*
2012: *laughs*
2014: *laughs*
2015: *laughs*
2016: "Bitcoin is for criminals"
2017: "Bitcoin is a bubble"
2018: "Bitcoin is dead"
2020: "Bitcoin is still around?”

2021: “I would like to buy all the Bitcoins please”

On top of the $500 million worth tethers issued over the weekend, Tether just minted another $800 million worth -- two of these 400 usdt issuances in a row — link

illiquid supply is rocketing up at an increasing rate — link

Growth in active on chain addresses is slower this cycle than in 2013 and 2017. This is consistent with the hypothesis that retail has not arrived en masse yet, and this rally is being driven by a smaller set of early adopting institutions and HNWI. — link

Bitcoin front and center on the Financial Times on the first business day of 2021

Google search volumes for the term "Ethereum" are at their highest level since January 2018.

Progress of "Bitcoin" Google search volume reaching 2017 peak:

▓▓▓▓▓▓░░░░░░░░░ 39%

The price of #Bitcoin  on its birthday:

12 years old: $33,400
11 years old: $7,319
10 years old: $3,783
9 years old: $14,764
8 years old: $1,084
7 years old: $432
6 years old: $275
5 years old: $816
4 years old: $13
3 years old: $5
2 years old: $0.29
1 year old: $0.05

The last time $ETH broke above $1,000 was on Jan 5 2018. Just 8 days later it shot to $1,448 on Jan 13.

Almost 2% of ETH supply is staked on the ETH2 deposit contract.

It seems the sell-side liquidity crunch started to hit $ETH just like the $BTC market.

For $BTC, all exchanges' reserves decreased by 31% compared to Feb 2020.

For $ETH, all exchanges' reserves decreased by 20% compared to May 2020. — link

Ethereum's Layer 2 scaling solution Optimism plans to release its preliminary mainnet on January 15 — link

#Ethereum funding rates are at a record high, breaking an average of 0.2% across major exchanges.

#BitMEX is leading the pack with a funding rate above 0.4% — link

WikiLeaks founder Julian Assange cannot be extradited to US to face espionage charges, UK court rules. — link

If this is your first #Bitcoin bull run, here’s some advice:

– corrections are healthy
– 30% dips are normal
– only buy what you can afford
– try not to use leverage
– take a little profit here & there
– don’t stare at your phone all day
– remember to take breaks
– BUY THE DIPS

$190,000,000 (in long positions) were liquidated on #Binance within 10 minutes.

Largest value to date. — link

More than $1.1 billion worth of positions liquidated in the last hour. More than a third of that came from Binance