NEW: One River Asset Management has worked with Coinbase to invest an undisclosed amount in cryptocurrency, which the exchange is calling “one of the largest digital asset trades in history” — link

The supply of dollars increased 309% 𝗮𝗳𝘁𝗲𝗿 #Bitcoin was created. — link

#Bitcoin is the first store of value in the world where supply is entirely unaffected by increased demand. — link

More bad news for XRP.

@blockchain will halt XRP trading beginning on Jan. 14, 2021, at 11:59 GMT. Customers will be able to withdrawal XRP after the trading halt, but new deposits will not be accepted. — link

One of the greatest and most poignant pieces on Bitcoin I’ve ever read. — link

The number of XRP 'whales' has fallen since the SEC filed suit against Ripple — link

Bitcoin's number of whale addresses with at least 1,000 $BTC has reached an All Time High of 2,323 with Tuesday's market close 45 minutes ago. There may not be a more notable bullish metric than one pointing to growing holders with $33.7M+ on the line. — link

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

▓▓▓▓▓▓▓▓▓▓▓▓░░░ 79%

— link

"Warren Buffett famously called bitcoin “rat poison.” He may well be right. #Bitcoin could be rat poison, and the rat could be cash." -Bill Miller, CFA — link

$35,500 / Bitcoin

New ATH

Bitfinex appears to have run out of USD to borrow ... lending rates hit 7% per day — link

All Stablecoins: All Exchanges Inflow Transaction Count

Ripple co-founder Jed McCaleb sold $400 million worth of XRP in 2020 — link

Bitcoin rallied overnight towards the strike of the Jan 21, 36k calls. Open 17.7k options or $630 mln notional. — link

Bitcoin climbed to yet another All Time High $35,820 three hours ago to the delight of accumulating whales, and chagrin of mid-tier holders who have taken profits aggressively since $BTC hit $30k. Addresses and on-chain transactions continue to rise. — link

$BTC: Few experiments with Glassnode's liquidity-supply metrics that were recently published, shown below (as of Jan. 3).

Great thread from David Puell — read

The tx fees are driven by the demand. The gas prices are crazy high not directly because of ETH above $1000 but because the price movement and volatility pushes the demand much much higher. If Ethereum stays at $1000 dollars for a few weeks you may see gas prices going to 5 GWei. — link

#Bitcoin miners be happy.

Current revenue: $33 million / day

Between the last halving and October, the average daily revenue was at around $10M.

And only within 5 weeks in late 2017 has this number been higher.

The mining death spiral at play. — link

NEW: Worldwide Google searches for ‘Ethereum’ hits new all-time-high

This rally is warm but not yet overheated.

This is how much "speculative premium" we have right now compared to a similar phases of the prior 2 bull markets. — link

Thread: Interesting HODL waves analysis... — link