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

The demand for #Ethereum is through the roof.

Ethereum fees reached a new ATH today - $1,771,317.01

And as fees go to a new high, so does the Daily Gas Cost with 569.31 Gwei. — link

I know you guys aren't really panicking about #Bitcoin, but in case you are:

One River ($1.6B fund) bought $600M & will buy $400M more
Guggenheim ($5.3B fund) will buy $530M
SkyBridge ($9.2B fund) bought $182M
Ruffer ($27B fund) bought $744M
MassMutual ($675B AUM) bought $100M

— link

JUST IN! Three Arrows Capital position in GBTC tops $1 billion

As per a filing with the SEC, the firm's holdings represent 36,969 bitcoin.

"We continue to enjoy working with the Grayscale team and look forward to investing more in the crypto ecosystem" ~Kyle Davies

— link

BREAKING: US regulator: Federally chartered banks can facilitate stablecoin payments, issue their own — link

Kraken Files Formal Response to Last-Minute US Government Crypto Rulemaking — link

Nansen tracks six fund portfolios currently worth over $20 million in Ether and token balances.

Paradigm sits atop as one of the largest funds, but still has over $100 million in ETH that they haven’t deployed. — link