The global crypto market cap has risen by over 6% to reach $1.75 trillion, which is the highest level since May 2022. This increase is supported by a 30% rise in total crypto market volume in the last 24 hours. Bitcoin dominance has also risen to 50.94% due to an 8% rally in the last day, while Ethereum's price has increased by 7% to reach $2,428 and is gaining momentum towards $3,000. The rally began on New Year's Day as positive sentiment rose ahead of a possible spot Bitcoin ETF approval by the U.S. Securities and Exchange Commission (SEC) near January 10, 2024.

A certain whale transferred 300 BTC (worth $13.68 million) that they had held for six months to Binance 30 minutes ago, as monitored by on-chain analyst Yu Jin. The BTC was withdrawn from Binance and Bitmex in June 2023 at an average price of $28,072. If the whale sells at a profit, they will realize a profit of $5.25 million (+62%).

According to Coinglass platform data, the current open interest of Bitcoin futures contracts has reached $18.252 billion. Among them, CME has the largest proportion, at $4.891 billion; Binance ranks second, at $4.231 billion; Bybit ranks third, at $3.222 billion.

Lin Chen, the head of Deribit's Asia-Pacific business, wrote on X platform that the BTC annualized futures premium has exceeded 12%, and the futures price at the end of 2024 is $47,882.5.

According to Coinglass data, the total open position of Bitcoin futures contracts on the entire network is 426,340 BTC (approximately $18.15 billion). CME's Bitcoin futures contract has the largest open position of 114,770 BTC (approximately $4.88 billion), ranking first. Binance's Bitcoin futures contract has an open position of 98,650 BTC (approximately $4.2 billion), ranking second.

Gary Gensler, the chairman of the US Securities and Exchange Commission, revealed in an interview with Fortune magazine that he did not spend most of his time on virtual currencies. After Hillary Clinton's defeat, Gensler was invited to teach at the Massachusetts Institute of Technology (MIT), where he stated that he would "try to remain neutral and not take a bullish or bearish stance on Bitcoin." The US Securities and Exchange Commission stated that it sued multiple Bitcoin exchanges, including Coinbase, because the virtual currencies they traded were not registered as securities and there were other illegal activities. Gensler believes that the Hong Kong action is clearly within the jurisdiction of the US Securities and Exchange Commission.

According to WhaleAlert monitoring, 600 BTC (worth about $25,199,937) was transferred from Indodax to an unknown wallet.

On December 31, bestselling author of "Rich Dad Poor Dad" Robert Kiyosaki posted on social media, stating that insanity is doing the same thing over and over again and expecting different results. Buy gold, silver, and bitcoin. It's time to become smarter and wealthier.

According to blockchain data tracking service Whale Alert, 1,000 BTC ($41,609,696) was transferred from an unknown wallet to OKEx.

Kofi, a contributor to DefiLlama, stated in a post on X platform that this year will be the first time in Bitcoin's history that the annual security budget as a percentage of market capitalization will be higher than the previous year (rising from 1.8% to 1.9%). The security budget is the amount earned by miners to ensure network security. When this value is higher, the cost of a 51% attack is also higher, and vice versa.