FameEX Morning Crypto News Recap | January 13, 2025

New Investors Drive Nearly 50% of Bitcoin Liquidity, Influencing $100K Milestone

On January 12, Glassnode reported that new Bitcoin investors holding for under three months accounted for 49.6% of network liquidity. Analysts observed that seasoned investors diversified during the rally, while new buyers absorbed selling pressure, potentially shaping Bitcoin's ability to breach the $100,000 psychological threshold.

JPMorgan Chase: Strong U.S. Economy Expected to Maintain Dollar Strength in 2024

JPMorgan Chase projects the U.S. economy to grow by 2.7% in 2024, surpassing the 1.7% average growth of other developed nations. This robust performance is anticipated to sustain the U.S. dollar's strength throughout the year, reinforcing global confidence in the currency.

19 Public Mining Companies to Contribute 31.6% of Global Bitcoin Production in 2024

TheMinerMag data shows that in January 2022, 16.7% of Bitcoin network computing power came from known entities. By December 2024, 31.6% of global Bitcoin production is expected to be tied to 19 publicly listed mining companies reporting their monthly proprietary mining performance.

BlackRock and MicroStrategy Secure $50 Billion and $24 Billion in Bitcoin Purchases

In 2024, BlackRock purchased $50 billion in Bitcoin, while MicroStrategy made a $24 billion investment in the cryptocurrency.

Fed Likely to Skip Meeting, Shifting Focus to Inflation and Job Market

Gregory Faranello, head of interest rate trading at AmeriVet Securities, suggests the Federal Reserve may skip this month’s meeting. Inflation is a key focus during the government transition, and higher inflation data combined with a strong job market could heighten calls for interest rate hikes under the new administration.

US AI Startups to Secure $97 Billion in 2024, Representing 35.7% of Global Venture Capital

In 2024, U.S. AI startups raised $97 billion, representing nearly half of total startup financing and setting a record. Major players like xAI and OpenAI secured billions, while global AI investments accounted for 35.7% of venture capital. In contrast, Europe and Asia saw reduced funding at $61.6 billion and $75.9 billion, respectively.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​