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#2024WithBinance #BNBHitsATH #MicrosoftBTCInvestmentVote Good day! Lets go bulls! 

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Cryptocurrency News! Woop woop!!! Bitcoin surges above $106,000 on strategic reserve hopes By Reuters December 16, 20249:13 AM GMT+8 Bitcoin hits record high amid Trump's pro-crypto stance Bitcoin up over 50% since Nov US election Last traded at $105,309 Dec 16 (Reuters) - Bitcoin surged to a record high above $106,000 in early Asian trade on Monday, boosted by comments from President-elect Donald Trump that suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve. Bitcoin , the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded at $105,688. Smaller crypto ether rose nearly 3% to 4,014. "We're in blue sky territory here," said Tony Sycamore, an analyst at IG. "The next figure the market will be looking for is $110,000. The pullback that a lot of people were waiting for just didn't happen, because now we've got this news." "We're gonna do something great with crypto because we don't want China or anybody else - not just China but others are embracing it - and we want to be the head," Trump told CNBC late last week. When asked if he plans to build a crypto reserve similar to oil reserves, Trump said: "Yeah, I think so." Other countries have also been considering cryptocurrency strategic reserves. Russian President Vladimir Putin earlier this month questioned the need to hold state reserves in foreign currencies, saying that domestic investment of such reserves was more attractive. Putin said the current U.S. administration was undermining the role of the U.S dollar as the reserve currency in the global economy by using it for political purposes, forcing many countries to turn to alternative assets, including cryptocurrencies. #BTCNewATH #CryptoUsersHit18M

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Woop! Woop! #BTC# As speculation swirls around the future trajectory of Bitcoin (BTC) and the broader cryptocurrency market, asset management firm VanEck has released a set of predictions that bolster optimism for continued upward momentum. VanEck Forecasts Bitcoin Soaring To $180,000 VanEck predicts that the crypto bull market will reach a “medium-term peak” in the first quarter of 2025, followed by new all-time highs by the year’s end. The firm estimates Bitcoin could soar to approximately $180,000, while Ethereum (ETH) may exceed $6,000, Solana (SOL) could surpass $500, and Sui (SUI) might reach over $10. The report further suggests that the United States will begin to embrace Bitcoin as a strategic reserve asset, as President-elect Donald Trump promised, anticipating an increase in overall crypto adoption. With anticipated changes in leadership at the Securities and Exchange Commission (SEC), numerous spot crypto exchange-traded products (ETPs) are also expected to be approved. This includes Ethereum ETPs featuring staking options, as well as in-kind transaction capabilities for both Bitcoin and Ethereum. Per the report, the asset manager forecasts that the value of tokenized securities will exceed $50 billion in the coming months, following a 61% growth to $12 billion throughout this year. Most of this value currently resides on permissioned chains, but 2025 is expected to be a breakthrough year, particularly as organizations like the Depository Trust & Clearing Corporation (DTCC) explore bridging public and private blockchains. The firm projects that stablecoins will revolutionize payment systems, with daily settlement volumes potentially tripling to reach $300 billion by the end of 2025. This growth, driven by increased adoption in global commerce, remittances, and integration with major technology and payment networks, would position stablecoins to handle transactions equivalent to 5% of DTCC’s daily volumes. #CryptoUsersHit18M #BitcoinKeyZone

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$BTC News Watch Bitcoin is at $100,100, with resistance at $102,000 and support at $98,400. It fluctuates between $99,000 and $102,000, while the RSI shows overbought conditions, indicating potential price declines. Matrixport predicts Bitcoin could hit $160,000 by 2025, driven by institutional interest and ETF demand, with a 60% increase expected following recent volatility and stable market conditions. The Bank of England mandates firms disclose crypto asset exposure, including Bitcoin, by March. Boyaa Interactive has converted Ether holdings to Bitcoin, and Metaplanet is raising funds for Bitcoin. #BitcoinKeyZone

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$BTC is there a big correction before year ends?

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#2024WithBinance Lets go Bulls!

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Τελευταία νέα

Binance Market Update (2024-12-16)

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Exodus Movement Gains Approval For NYSE American Listing

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Exodus Movement's Common Stock Approved for NYSE American Listing

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Exodus Movement to List on NYSE American in December

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Italy Maintains Digital Asset Capital Gains Tax at 26% Until 2025

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