[Morning News Brief] Analyst "expects cryptocurrency ETFs to attract up to $40 billion in capital inflows next year" Outside

Analyst “Predicts Up to $400 Billion Capital Inflow into Cryptocurrency ETFs Next Year”

Some forecasts indicate that the cryptocurrency ETF market will experience rapid growth accompanied by large-scale capital inflows next year. According to CoinTelegraph, Bloomberg ETF analyst Eric Balchunas stated: “It is expected that about $15 billion of new funds will flow into the cryptocurrency ETF market next year, and if the investment environment develops favorably, the scale could expand to a maximum of $400 billion.” He added: “With the increasing likelihood of the Federal Reserve cutting interest rates next year, investor interest in cryptocurrency ETFs will heat up again. Even during recent adjustments, Bitcoin ETF investors did not engage in large-scale sell-offs, and the supply-demand relationship of ETFs is playing a medium- to long-term price defense role. In fact, although BTC has fallen about 35% from its high, ETF capital outflows account for only 4% of the total, with some weeks even seeing net capital inflows. Additionally, large institutions such as pension funds, sovereign wealth funds, and investment advisory firms are turning their attention to cryptocurrency ETFs. They are the main sources of substantial market impact.”

Galaxy Digital CEO “XRP·ADA Relying Solely on Community Has Limitations… Need to Prove Practicality”

Crypto-focused financial services firm Galaxy Digital CEO Mike Novogratz pointed out that tokens like Ripple and Cardano, which rely solely on community loyalty, may be eliminated in the next cycle if they cannot demonstrate their actual utility. According to CryptoBriefing, he explained: “The cryptocurrency market is gradually restructuring around projects with substantial business foundations. Each cycle sees a surge of competing projects, and the long-term viability of relying solely on community support is decreasing. In the future, only projects that can prove clear profit structures and real value will survive.”

BNB Chain to Implement Fermi Upgrade on Mainnet on January 14

According to CoinTelegraph, BNB Chain will implement the Fermi hard fork on the mainnet on January 14 local time. The Fermi upgrade will shorten block generation intervals from the original 750 milliseconds to 250 milliseconds, enabling the processing of more transactions per second. It will also introduce a new indexing mechanism, allowing partial data queries without downloading the full block history. It is claimed that this will significantly reduce the computational resources required to run nodes.

Analysis “BTC Weekly Chart Is Forming a Death Cross… May Drop to $67,000”

Some analysts suggest that if Bitcoin falls below $86,000, it could drop to as low as $67,000. According to U.Today, crypto analyst Ganza Khanzadyev stated: “If BTC fails to recover $90,000 before the weekly close this week, the death cross pattern on the weekly chart will persist, and in the worst case, it could fall to $67,000. Currently, Bitcoin is trading around $87,000, and technically, it has entered a dangerous zone where the 50-week moving average may cross below the 200-week moving average. If the key support at $86,000 is broken, the next major support will shift down to $74,111, not $80,000. Although the weekly death cross has not yet been confirmed, if there is no strong buying inflow this week, it is very likely to evolve into a medium- to long-term downtrend.”

BTC Falls Below $87,000

BTC has fallen below $87,000. According to Binance USDT market data, BTC is currently trading at $86,965.44.