James Van Straten (@btc_jvs) 's Twitter Profile
James Van Straten

@btc_jvs

Lead Analyst @CryptoSlate | Previously @Saidler | #Bitcoin

ID: 237344612

calendar_today12-01-2011 16:45:37

8,8K Tweet

2,2K Followers

314 Following

MacroScope (@macroscope17) 's Twitter Profile Photo

My post-approval outlook for BTC's price in coming months and years is in previous tweets. Just to add: We know there will be a dip at some point after approval. Could be a day afterwards or a week, and the extent is hard to predict, but it should surprise no one. But here's what

James Van Straten (@btcjvs) 's Twitter Profile Photo

I just paid my first self-assessment for tax in the UK, other than feeling absolutely fleeced. I did it with chat gpt with no accountant. I then ran the numbers in the HMRC portal, and GPT had an error rate of 3.3%. That is phenomenal; something that cost me £20 a month has

James Van Straten (@btcjvs) 's Twitter Profile Photo

cryptoslate.com/why-etfs-are-n… This is a great deep dive into the mechanics of the #Bitcoin ETF. How #Bitcoin is valued for ETF purposes. How #Bitcoin gets into an ETF. OTC Trading and its implications Ultimately, I was naive about how the ETF would be structured. The SEC has not

James Van Straten (@btcjvs) 's Twitter Profile Photo

One of the fears I had with the introduction of #Bitcoin ETFs, it would start to correlate back to tradfi assets, similar to 2022. As it becomes a mainstream asset. #Bitcoin is at the highest correlation with the Nasdaq since May 2023, while at the biggest inverse correlation

One of the fears I had with the introduction of #Bitcoin ETFs, it would start to correlate back to tradfi assets, similar to 2022. As it becomes a mainstream asset. 

#Bitcoin is at the highest correlation with the Nasdaq since May 2023, while at the biggest inverse correlation
James Van Straten (@btcjvs) 's Twitter Profile Photo

We're starting to see a pattern of Grayscale redemptions to Coinbase Prime just before the market opens. 9k #Bitcoin ($387M) sent to Coinbase Prime all before 2:30 (GMT) Jan 16. Jan. 12, 4k #Bitcoin before the market opened.

We're starting to see a pattern of Grayscale redemptions to Coinbase Prime just before the market opens. 

9k #Bitcoin ($387M) sent to Coinbase Prime all before 2:30 (GMT) Jan 16. 
Jan. 12, 4k #Bitcoin before the market opened.
James Van Straten (@btcjvs) 's Twitter Profile Photo

If this is all the Grayscale boys have, send #Bitcoin to 50k with haste. If we didn't go to 40k or below on Friday, with that capitulation, I struggle to see it, personally. Loading up on #Bitcoin miners BrB

James Van Straten (@btcjvs) 's Twitter Profile Photo

For me google trends = retail interest So retail got in post #Bitcoin ETF approval, market fleeced them during the first two trading days. They are now nowhere to be seen.

For me google trends = retail interest 

So retail got in post #Bitcoin ETF approval, market fleeced them during the first two trading days. 

They are now nowhere to be seen.
James Van Straten (@btcjvs) 's Twitter Profile Photo

GBTC total outflows are now at $1.18 billion vs. spot #Bitcoin ETF inflows of $2B. It would be extremely encouraging if we continued this pace for the first month of trading. Grayscale now holds circa 587k - 617k #Bitcoin, depending on source.

James Van Straten (@btcjvs) 's Twitter Profile Photo

Nearly $2 billion (44,800 BTC) in dormant #Bitcoin moves after five years. The last significant revival occurred in Feb. 2022 (Ukraine War), with 95,000 Bitcoin. The transactions happened around 1:30 GMT, just before the US market opened.

Nearly $2 billion (44,800 BTC)  in dormant #Bitcoin moves after five years. 

The last significant revival occurred in Feb. 2022 (Ukraine War), with 95,000 Bitcoin. 

The transactions happened around 1:30 GMT, just before the US market opened.
James Van Straten (@btcjvs) 's Twitter Profile Photo

The number of #Bitcoin whales (1k+ #BTC) is increasing; the count has grown from 1,480 to 1,513, an 18-month high. While whale withdrawals have been outstripping deposits for six consecutive days.

The number of #Bitcoin whales (1k+ #BTC) is increasing; the count has grown from 1,480 to 1,513, an 18-month high. 

While whale withdrawals have been outstripping deposits for six consecutive days.