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A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted.
Also among those gazing into next year are Bitwise, VanEck and Hashdex.

The latest price moves in crypto markets in context for Dec. 19, 2023.

ARK offloaded $13M worth of GBTC shares last week.

Traders have increasingly favored these networks over Ethereum for their lower transaction fees and faster speeds.

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Bitcoin has pulled back below the $42,000 level, causing almost $16 million in long liquidations.Conversely, major stock indices continued to post gains two days after the Fed’s latest rate pause.

Like it or not, dog tokens are driving big business in the crypto markets.
- 19:01Fed Vice Chairman Jefferson: quantitative tightening by the FOMC can continue to advance in an orderly fashionFed Vice Chair Jefferson said that quantitative tightening (QT) at the FOMC can continue to be advanced in an orderly fashion. A rate close to adequate reserves would not affect the ultimate size of the Fed's balance sheet, and the hope is to approach adequate reserves in an orderly fashion.
- 19:00Fed Vice Chairman Jefferson: commodity inflation rising, partly due to trade policyFed Vice Chair Jefferson said it is of critical importance to assess the full impact of Trump's policy changes. The latest data show that inflation is levelling off. Commodity inflation is rising, partly because of trade policy; falling prices for housing services may help offset inflation.
- 19:00Castle Securities: expect US inflation to soar to 4.5%Durham Abric, head of US inflation at Castle Securities, says US inflation threatens to soar and hold steady if US tariff levels remain unchanged from President Trump's announcement. Admittedly, one would imagine that tariffs will be held down through negotiations, but the year-on-year rise in US core CPI could still reach 4.5 per cent.