Bgroup Crypto-Currency Market Report — December 2023

Market Overview and Bgroup Funds’ Performances

Bgroup Funds’ Allocation — Bdefi & B100

Bgroup Funds’ Allocation — BBTC & BGC & B2

Crypto Market in December 2023

After BlackRock and Garyscale, now it’s VanEck’s turn!

After BlackRock and Grayscale’s direct engagement with the SEC since November 20, VanEck, a leading applicant for the Bitcoin spot ETF, is now also engaging in discussions with the SEC to address specifics regarding the Bitcoin spot ETF.

Microstrategy buying more!

Following its acquisition of Bitcoins valued at around $590 million, purchased at an average price of $36,785 each, MicroStrategy’s total holdings of 174,530 Bitcoins, with an average cost of $30,252, have now appreciated to over $1.8 billion in profit.

The possibility of interest rate reduction!

On the sidelines of the FOMC meeting, Jeremy Powell spoke for the first time about the start of interest rate cuts in 2024.

BMachine

The information below is only a simplified report of the analysis of BMachine, an artificial intelligence developed by Bgroup, and should not be used to make investment decisions.

BGroup Finance

Bgroup is a forward-thinking web3 crypto asset manager, utilizing smart contracts to cater to new customers and millennials’ preferences. We offer various low-fee onchain crypto funds, providing personalized and accessible investment solutions for investors to achieve their financial goals.