Analyst: If the Bank of Japan raises interest rates as scheduled this month, Bitcoin may see a pullback to $70,000
December 14 — A Cointelegraph report notes several macro analysts believe Bitcoin could further correct to the $70,000 level if the Bank of Japan (BOJ) raises interest rates as expected on December 19.
Analyst AndrewBTC pointed out that, per historical data, every BOJ rate hike since 2024 has coincided with a Bitcoin price drop of over 20%: roughly 23% in March 2024, around 26% in July 2024, and approximately 31% in January 2025. Should the BOJ hike rates next week, similar downside risks may resurface.
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If Bitcoin falls below $89,000, the mainstream CEX long liquidation volume will reach 5.08 billion.
December 14th data from Coinglass indicates that if Bitcoin falls below $89,000, cumulative long liquidation intensity across major centralized exchanges (CEXs) will reach $508 million.
Conversely, should Bitcoin climb above $91,000, cumulative short liquidation intensity on those mainstream platforms will hit $294 million.
BlockBeats Note: Liquidation charts do not show the exact number of contracts up for liquidation or the precise value of liquidated contracts. Instead, the bars on these charts reflect how significant each liquidation cluster is relative to adjacent clusters—meaning its intensity.
As such, the charts illustrate the extent to which the underlying asset’s price will be affected when it hits a specific level: a taller “liquidation bar” signals that the price reaching that threshold will spark a more intense reaction driven by a liquidity cascade.
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Brazil's largest private bank asset management company suggests investors allocate 1% to 3% of their investment portfolio to Bitcoin.
December 14: Itaú Asset Management—the asset management arm of Brazil’s largest private bank—recommended in its year-end report that investors allocate 1% to 3% of their portfolios to Bitcoin.
The firm’s Beta strategy, led by Responsible Investment Officer Renato Eid, noted that using cryptocurrency as a complementary asset helps mitigate the effects of currency depreciation and global market volatility.
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Binance Platform FOLKS 24-hour Futures Trading Volume Reaches $23.5 Billion, Behind Only BTC and ETH
December 14th: On-chain analyst Ai Yi (@ai_9684xtpa) reports that FOLKS’ 24-hour contract trading volume on Binance has surged to third place on the platform’s leaderboard, trailing only BTC and ETH, hitting $2.35 billion. Current Open Interest (OI) for FOLKS stands at $29.83 million.
Binance smart money contract holdings breakdown:
- Of 294 smart money traders, 65% (191 accounts) hold long positions, totaling $6.18 million with an average entry price of $21.88.
- Conversely, 35% (103 accounts) hold short positions, totaling $2.57 million with an average entry price of $15.64—most likely holding positions opened at low levels.
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Cathie Wood: ARK Invest Trims Tesla Position at Highs, Partial Profits Used to Increase Exposure to Cryptocurrencies
December 14: Cathie Wood, founder of ARK Invest, noted the firm pared its Tesla holdings near the stock’s peak and reallocated some of those proceeds to crypto assets.
ARK typically rebalances its portfolio this way: when one stock outperforms others and another is in a "painful" phase.
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Tom Lee: Bitmine Will Never Sell Its Held ETH
On December 14th, Tom Lee, chairman of Ethereum treasury firm BitMine, said the company has acquired nearly 4% of Ethereum’s total supply—and he believes BitMine will never sell this ETH.
Lee added, “Staking this ETH today would generate over $1 million in daily net income.”
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