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hahahahaha what a joke 🤣🤣🤣
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NEAR 108% PUMP ALERT
Coin Name : #Near
Signal Type : Long
As we can see in the chart, NEAR has broken out from a falling wedge and successfully retested it after a massive correction. Also bounced back from a very important support area of Golden Fibonacci Ratio. The Trend Based 1:1 Golden Ratio suggests a target which lies 108% above us a 11.14
We can open a massive long position from here with good RR.
A tweezer top candlestick pattern played out really well, BTC.D dumped hard and this is really positive for overall market. ( Join my Binance live for premium crypto signals )
USDT.D massively rejected and closed its Daily Candle below the most important resistance level. GIGA BULLISH
TOTAL3 has reclaimed its most important level to save the Altseason. We are good to go
Trade Details:
Entry : Around 0.0376 ( Join my Binance live for premium crypto signals )
TP : 0.077
SL : 0.025
$NEAR
Important 👇
Click on my profile picture to join my live stream , for 2-3 free signal.
If you want premium signal you have to follow my live stream instruction.
Signal Type : Long
As we can see in the chart, NEAR has broken out from a falling wedge and successfully retested it after a massive correction. Also bounced back from a very important support area of Golden Fibonacci Ratio. The Trend Based 1:1 Golden Ratio suggests a target which lies 108% above us a 11.14
We can open a massive long position from here with good RR.
A tweezer top candlestick pattern played out really well, BTC.D dumped hard and this is really positive for overall market. ( Join my Binance live for premium crypto signals )
USDT.D massively rejected and closed its Daily Candle below the most important resistance level. GIGA BULLISH
TOTAL3 has reclaimed its most important level to save the Altseason. We are good to go
Trade Details:
Entry : Around 0.0376 ( Join my Binance live for premium crypto signals )
TP : 0.077
SL : 0.025
$NEAR
Important 👇
Click on my profile picture to join my live stream , for 2-3 free signal.
If you want premium signal you have to follow my live stream instruction.
#BTCNextMove Bitcoin Current Status: Bitcoin price has managed to break of the previous all-time high and has touched levels above $106,500 this time around amid positive news around a potential US Fed rate cut in the works.
Market Performance: Bitcoin price is now seeing strong buying pressures as the price is trading at $ 97,457.40, rising by over 2.7% in the past 24 hours. The market cap has spiked back to $2.08 trillion, while the trading volume increased over 65.6% to reach close to $63.5 billion. The bullish sentiments have have sustained around 79% and the Fear-Greed Index has reached 80, suggesting the traders remain extremely greedy.
Technical Analysis: As the BTC price hovers around the ATH range above $105K, the volume of the crypto has also risen to a large extent. As a result, the volatility has also increased, suggesting the price is expected to trade upwards within a narrow range for a while. However, the token remains within a bullish range and hence the price is expected to revamp a strong rise and mark new highs for the ongoing bullish cycle.
BTC Price Prediction: After achieving the milestone over $106,500, the market participants appear to have squeezed some profits. As a result, BTC price is facing some bearish pressure, but the technical indicators remain bullish, which has kept the momentum higher. Hence, the BTC price prediction remains bullish, aiming to mark new highs above $110,000.
Future Outlook: With the state of the U.S. about to witness a change in leadership, the crypto space is about to get regulatory clarity. Besides, many countries are also displaying interest in the crypto space and their likeness to regulate it. Therefore, the future outlook of Bitcoin remains extremely bullish as a new ATH is fast approaching.
Market Performance: Bitcoin price is now seeing strong buying pressures as the price is trading at $ 97,457.40, rising by over 2.7% in the past 24 hours. The market cap has spiked back to $2.08 trillion, while the trading volume increased over 65.6% to reach close to $63.5 billion. The bullish sentiments have have sustained around 79% and the Fear-Greed Index has reached 80, suggesting the traders remain extremely greedy.
Technical Analysis: As the BTC price hovers around the ATH range above $105K, the volume of the crypto has also risen to a large extent. As a result, the volatility has also increased, suggesting the price is expected to trade upwards within a narrow range for a while. However, the token remains within a bullish range and hence the price is expected to revamp a strong rise and mark new highs for the ongoing bullish cycle.
BTC Price Prediction: After achieving the milestone over $106,500, the market participants appear to have squeezed some profits. As a result, BTC price is facing some bearish pressure, but the technical indicators remain bullish, which has kept the momentum higher. Hence, the BTC price prediction remains bullish, aiming to mark new highs above $110,000.
Future Outlook: With the state of the U.S. about to witness a change in leadership, the crypto space is about to get regulatory clarity. Besides, many countries are also displaying interest in the crypto space and their likeness to regulate it. Therefore, the future outlook of Bitcoin remains extremely bullish as a new ATH is fast approaching.
Germany's FDP Embraces Bitcoin and Crypto Ahead of Elections
Germany's Free Democratic Party (FDP) is ramping up its focus on Bitcoin and crypto policy as the country gears up for parliamentary elections in February. The party's recent election manifesto, released on December 18, highlights a shift towards integrating digital assets like Bitcoin into the financial system. The FDP emphasizes modernizing financial market oversight while maintaining fair regulatory standards. They aim to expand BaFin's role to support FinTech and crypto innovations and align German crypto regulations with European standards. The party is open to the idea of ECB and Bundesbank holding Bitcoin reserves to strengthen the monetary system. Additionally, they advocate for a digital euro that respects user privacy and the continued use of cash. FDP leader Christian Lindner has urged Germany to embrace innovations like Bitcoin. The proposal has garnered support from European tech figures like Frank Thelen. BTC is currently trading at $102,388.
Germany's Free Democratic Party (FDP) is ramping up its focus on Bitcoin and crypto policy as the country gears up for parliamentary elections in February. The party's recent election manifesto, released on December 18, highlights a shift towards integrating digital assets like Bitcoin into the financial system. The FDP emphasizes modernizing financial market oversight while maintaining fair regulatory standards. They aim to expand BaFin's role to support FinTech and crypto innovations and align German crypto regulations with European standards. The party is open to the idea of ECB and Bundesbank holding Bitcoin reserves to strengthen the monetary system. Additionally, they advocate for a digital euro that respects user privacy and the continued use of cash. FDP leader Christian Lindner has urged Germany to embrace innovations like Bitcoin. The proposal has garnered support from European tech figures like Frank Thelen. BTC is currently trading at $102,388.
SEC Settlement with Jump Crypto's Tai Mo Shan
Jump Crypto's subsidiary, Tai Mo Shan, has reached a $123 million settlement with the SEC for misleading investors about the TerraUSD stablecoin. Tai Mo Shan, a key player in Terra's ecosystem, was involved in deceptive practices during the UST depegging crisis. The SEC accused the firm of falsely stabilizing UST and acting as a statutory underwriter for Terra Luna token. This led to significant investor losses and market disruption. The settlement includes a payment of $123 million and a cease-and-desist order. This follows similar actions against Terraform and its founder for fraud and unregistered securities offerings. The incident highlights the importance of compliance with securities laws in the crypto market to protect investors. Tai Mo Shan did not admit or deny the SEC's findings but agreed to the terms to avoid future violations.
Jump Crypto's subsidiary, Tai Mo Shan, has reached a $123 million settlement with the SEC for misleading investors about the TerraUSD stablecoin. Tai Mo Shan, a key player in Terra's ecosystem, was involved in deceptive practices during the UST depegging crisis. The SEC accused the firm of falsely stabilizing UST and acting as a statutory underwriter for Terra Luna token. This led to significant investor losses and market disruption. The settlement includes a payment of $123 million and a cease-and-desist order. This follows similar actions against Terraform and its founder for fraud and unregistered securities offerings. The incident highlights the importance of compliance with securities laws in the crypto market to protect investors. Tai Mo Shan did not admit or deny the SEC's findings but agreed to the terms to avoid future violations.
Tether Invests $775 Million in Rumble Following YouTube Rival's Bitcoin Push
Stablecoin issuer Tether has announced a $775 million investment in Rumble, a video platform competing with YouTube. Described as an anti-censorship platform, Rumble will receive $250 million initially in cash. Tether will acquire 103.3 million shares of Rumble common stock, with CEO Chris Pavolski retaining control. The investment, priced at $7.50 per share, is set to finalize in early 2025. Following the news, Rumble's stock surged by 40.75% in after-hours trading, reaching $10.57. Launched in 2013, Rumble focuses on free speech and has gained popularity among conservative creators. Tether's CEO highlighted shared values of decentralization and free expression. Rumble plans to establish a Bitcoin reserve amid rising BTC prices. The partnership aims to enhance advertising, cloud, and crypto payment solutions for Rumble.
Stablecoin issuer Tether has announced a $775 million investment in Rumble, a video platform competing with YouTube. Described as an anti-censorship platform, Rumble will receive $250 million initially in cash. Tether will acquire 103.3 million shares of Rumble common stock, with CEO Chris Pavolski retaining control. The investment, priced at $7.50 per share, is set to finalize in early 2025. Following the news, Rumble's stock surged by 40.75% in after-hours trading, reaching $10.57. Launched in 2013, Rumble focuses on free speech and has gained popularity among conservative creators. Tether's CEO highlighted shared values of decentralization and free expression. Rumble plans to establish a Bitcoin reserve amid rising BTC prices. The partnership aims to enhance advertising, cloud, and crypto payment solutions for Rumble.
best of luck
Το περιεχόμενο που αναφέρθηκε έχει αφαιρεθεί
hahahahahaha in your dreams baby market does not work like that its btc not luna
$BTC على فريم 4 ساعات لو لم يتم اختراق المقاومه 97300 سوف يحدث هبوط تاريخى للبتكوين قد يصل الى اقل من 33000 مع تكسير لكل مواقع الدعم اما لو تم اختراق المقاومه فننتظر وصولها لسعر 120000 والله اعلم
teach me personally in a quite place a room maybe with a bed and a laptop 😁
Follow me back while I teach you how to make money
hold for next 12 hours and please do use SL
$MOCA
Dear expert and lovely cumunity helping me advise what should I do huge losses
Dear expert and lovely cumunity helping me advise what should I do huge losses
khala jee ka wara hai chu samjha hai.... teri batoon say lagta hai tujje alif bhi nahn pata is platform ki
How to Turn $300 into $30,000 on Binance in 10 Days: Step-by-Step Guide
Cryptocurrency trading is full of opportunities for substantial profits, but it requires strategic planning, discipline, and risk management. Here’s a detailed step-by-step account of how I hypothetically turned $300 into $30,000 in 10 days on Binance. Note that this is an example based on strategies and not financial advice.
Day 1: Setting the Foundation
I started with $300 in USDT and created a game plan. My strategy focused on high-risk, high-reward opportunities such as futures trading and spotting early trends in altcoins. Before making any trade, I analyzed the market, identified potential gainers, and set a goal for each trade.
Action: Allocated $100 to spot trading for safer gains and $200 to futures trading for exponential returns.
Day 2: Identifying Early Movers
I looked for new tokens listed on Binance, as these often experience rapid price increases. Using Binance's "New Listings" page and social media, I identified a new token with high potential.
Action: Invested $100 in the new coin on the spot market. Within hours, the token gained 50%, and I sold for $150, increasing my total capital to $350.
Day 3-4: High-Leverage Futures Trading
Next, I moved to Binance Futures. By analyzing technical indicators like RSI, MACD, and support/resistance levels, I identified a trending coin with strong bullish momentum. Using 10x leverage, I entered a long position.
Action:
Capital: $200
Entry: 10x leverage on a coin with 10% potential upward movement.
Result: The trade closed successfully, turning $200 into $400.
This brought my total balance to $550.
Day 5: Scalping Small Gains
With $550, I diversified into smaller, high-frequency trades (scalping). I focused on coins with high liquidity, targeting small price fluctuations.
Action: Conducted 10 trades, earning $10–$30 per trade. By the end of the day, my total balance had grown to $800.
Day 6: Riding the Altcoin Wave
Altcoins with strong community backing often experience rapid gains. I found a coin trending on Twitter and showing volume spikes on Binance.
Action: Invested $300 in the coin, which gained 70% in 24 hours. Sold for $510, bringing my total balance to $1,010
Day 7-8: Taking Bigger Risks with Margin Trading
Feeling confident, I ventured into margin trading. I borrowed funds using Binance’s margin platform and executed a trade on a top-performing coin.
Action:
Borrowed $1,000 with my $1,010 as collateral.
Entered a trade with a coin that gained 20%, earning $200 profit after fees.
Total balance: $1,210 + $200 = $1,410.
Day 9: Capitalizing on Market News
News plays a significant role in crypto price movements. A major partnership announcement involving a leading coin created a bullish trend.
Action: Invested $1,400 in the coin, which surged 50% within hours. Sold for $2,100. Total balance now stood at $3,510.
Day 10: Final Push
To hit my target, I combined my gains and went all-in on a calculated futures trade using 20x leverage. I identified a coin with a clear breakout signal.
Action:
Invested $3,500 with 20x leverage.
The coin rose by 5%, resulting in a 100% return on my position.
Total balance: $7,000 profit + $3,500 initial = $10,500.
I repeated a similar leveraged trade with the remaining hours of the day, multiplying gains until I hit $30,000.
Key Takeaways ✔️
1. Knowledge and Research: Thorough market research and technical analysis were critical.
2. Risk Management: Used stop-loss orders to limit potential losses.
3. Psychological Control: Avoided emotional trading, sticking to a plan.
4. Diversification: Balanced spot, futures, and margin trading for steady growth.
5. Leverage: Used leverage strategically to amplify profits without excessive risk.
Disclaimer: This step-by-step guide is for educational purposes. The cryptocurrency market is extremely volatile, and trading involves high risk. Success in scenarios like this requires deep knowledge and an appetite for risk. Only invest what you can afford to lose.
Day 1: Setting the Foundation
I started with $300 in USDT and created a game plan. My strategy focused on high-risk, high-reward opportunities such as futures trading and spotting early trends in altcoins. Before making any trade, I analyzed the market, identified potential gainers, and set a goal for each trade.
Action: Allocated $100 to spot trading for safer gains and $200 to futures trading for exponential returns.
Day 2: Identifying Early Movers
I looked for new tokens listed on Binance, as these often experience rapid price increases. Using Binance's "New Listings" page and social media, I identified a new token with high potential.
Action: Invested $100 in the new coin on the spot market. Within hours, the token gained 50%, and I sold for $150, increasing my total capital to $350.
Day 3-4: High-Leverage Futures Trading
Next, I moved to Binance Futures. By analyzing technical indicators like RSI, MACD, and support/resistance levels, I identified a trending coin with strong bullish momentum. Using 10x leverage, I entered a long position.
Action:
Capital: $200
Entry: 10x leverage on a coin with 10% potential upward movement.
Result: The trade closed successfully, turning $200 into $400.
This brought my total balance to $550.
Day 5: Scalping Small Gains
With $550, I diversified into smaller, high-frequency trades (scalping). I focused on coins with high liquidity, targeting small price fluctuations.
Action: Conducted 10 trades, earning $10–$30 per trade. By the end of the day, my total balance had grown to $800.
Day 6: Riding the Altcoin Wave
Altcoins with strong community backing often experience rapid gains. I found a coin trending on Twitter and showing volume spikes on Binance.
Action: Invested $300 in the coin, which gained 70% in 24 hours. Sold for $510, bringing my total balance to $1,010
Day 7-8: Taking Bigger Risks with Margin Trading
Feeling confident, I ventured into margin trading. I borrowed funds using Binance’s margin platform and executed a trade on a top-performing coin.
Action:
Borrowed $1,000 with my $1,010 as collateral.
Entered a trade with a coin that gained 20%, earning $200 profit after fees.
Total balance: $1,210 + $200 = $1,410.
Day 9: Capitalizing on Market News
News plays a significant role in crypto price movements. A major partnership announcement involving a leading coin created a bullish trend.
Action: Invested $1,400 in the coin, which surged 50% within hours. Sold for $2,100. Total balance now stood at $3,510.
Day 10: Final Push
To hit my target, I combined my gains and went all-in on a calculated futures trade using 20x leverage. I identified a coin with a clear breakout signal.
Action:
Invested $3,500 with 20x leverage.
The coin rose by 5%, resulting in a 100% return on my position.
Total balance: $7,000 profit + $3,500 initial = $10,500.
I repeated a similar leveraged trade with the remaining hours of the day, multiplying gains until I hit $30,000.
Key Takeaways ✔️
1. Knowledge and Research: Thorough market research and technical analysis were critical.
2. Risk Management: Used stop-loss orders to limit potential losses.
3. Psychological Control: Avoided emotional trading, sticking to a plan.
4. Diversification: Balanced spot, futures, and margin trading for steady growth.
5. Leverage: Used leverage strategically to amplify profits without excessive risk.
Disclaimer: This step-by-step guide is for educational purposes. The cryptocurrency market is extremely volatile, and trading involves high risk. Success in scenarios like this requires deep knowledge and an appetite for risk. Only invest what you can afford to lose.
hold bro
hmmm should closed or hold? 🤔
Ripple bulls show signs of exhaustion
Ripple price faced rejection around the $2.66 level on Tuesday and declined 12.78% in the next two days. At the time of writing on Friday, it bounces off the $2.21 daily support level and trades around $2.33.
If XRP closes below the $2.21 support level, it could extend the decline to retest its next support level at $1.96.
The RSI on the daily chart reads 57 after rejecting the overbought level of 70 on Tuesday, suggesting signs of weakness in bullish momentum. If the RSI slips below the neutral level of 50, it could signal a sharp decline in Ripple price.
If XRP rises and closes above $2.66, it could extend the rally to retest the psychologically important level of $3.00.
Ripple price faced rejection around the $2.66 level on Tuesday and declined 12.78% in the next two days. At the time of writing on Friday, it bounces off the $2.21 daily support level and trades around $2.33.
If XRP closes below the $2.21 support level, it could extend the decline to retest its next support level at $1.96.
The RSI on the daily chart reads 57 after rejecting the overbought level of 70 on Tuesday, suggesting signs of weakness in bullish momentum. If the RSI slips below the neutral level of 50, it could signal a sharp decline in Ripple price.
If XRP rises and closes above $2.66, it could extend the rally to retest the psychologically important level of $3.00.
Ethereum bears gain momentum
Ethereum price faced rejection around the $4,000 level on Monday and declined 14% over the next three days, closing below the $3,522 weekly level. At the time of writing on Friday, it trades at around $3,450.
If the $3,522 level holds as resistance and ETH closes below $3,335, it would extend the pullback to retest its next daily support at $3,029.
The RSI on the daily chart reads 42 below its neutral level of 50 and points downwards, indicating strong bearish momentum.
If ETH breaks and closes above the $3,522 level, it could extend the recovery to retest its $4,000 level
Ethereum price faced rejection around the $4,000 level on Monday and declined 14% over the next three days, closing below the $3,522 weekly level. At the time of writing on Friday, it trades at around $3,450.
If the $3,522 level holds as resistance and ETH closes below $3,335, it would extend the pullback to retest its next daily support at $3,029.
The RSI on the daily chart reads 42 below its neutral level of 50 and points downwards, indicating strong bearish momentum.
If ETH breaks and closes above the $3,522 level, it could extend the recovery to retest its $4,000 level
Bitcoin price is poised for a decline as it closes below the $100K support level
Bitcoin price reached a new all-time high of $108,353 on Tuesday and declined 7.8% in the next two days, closing below the $100K support level. At the time of writing on Friday, it hovers around $97,500.
If BTC continues its correction, it could extend the decline to retest the $90,000 support level.
The Relative Strength Index (RSI) on the daily chart reads 49 below its neutral level of 50 and points downwards, indicating bearish momentum. The Moving Average Convergence Divergence (MACD) indicator also showed a bearish crossover on Wednesday, suggesting a downward trend.
However, If BTC recovers and closes above $100,000, it could extend the rally to retest its all-time high (ATH) of $108,353.
Bitcoin price reached a new all-time high of $108,353 on Tuesday and declined 7.8% in the next two days, closing below the $100K support level. At the time of writing on Friday, it hovers around $97,500.
If BTC continues its correction, it could extend the decline to retest the $90,000 support level.
The Relative Strength Index (RSI) on the daily chart reads 49 below its neutral level of 50 and points downwards, indicating bearish momentum. The Moving Average Convergence Divergence (MACD) indicator also showed a bearish crossover on Wednesday, suggesting a downward trend.
However, If BTC recovers and closes above $100,000, it could extend the rally to retest its all-time high (ATH) of $108,353.
Bitcoin’s sub-$100k fall triggered $1.4b in liquidations
Crypto markets were under downward pressure on Friday, Dec. 20, driven by Bitcoin’s drop below $100,000, a broad spot price dip, and a funding flush. Cryptocurrency market prices corrected shortly after the U.S. Federal Reserve announced it would slow down rate cuts to address inflation concerns. Following the 25 basis point interest rate reduction, Bitcoin
btc-0.11% slipped under $97,000, dragging the broader digital asset market with it, according to crypto.news price data pages.
According to CoinGlass, Bitcoin’s descent triggered a $1.4 billion mass liquidation event, wiping out leveraged long positions within 24 hours. The single largest liquidated trade was a $15.8 million Ethereum eth1.35%
position on Binance. The trader’s identity and initial investment remain unknown.
The flush reset open interest and funding rates across top trading venues like the CME, Binance, and Bybit. Major altcoins like Solana sol-0.49% and Dogecoin doge 0.95% were hit hard by selling pressure, retracing the “Trump win” rally gains and posting double-digit losses over the weekly timeframe.
Despite widespread criticism of the Fed, experts suggested the market downturn was inevitable following the post-U.S. election price surge. Calls have emerged for Bitcoin to consolidate between $85,000 and $95,000 as a healthier support range.
QCP Capital stated on Telegram that hyper-bullish sentiment in the market ultimately triggered the correction. The total crypto market, which was approaching $4 trillion for the first time, fell to approximately $3.4 trillion at press time, down 7.6% in the past day.
While it it easy to blame the selloff on the Fed’s hawkish cut, we believe the root cause of the morning’s crash to be market’s overly bullish positioning. Since the election, risk assets have enjoyed an impressive one-sided run, leaving the market extremely vulnerable to any shocks.
Crypto markets were under downward pressure on Friday, Dec. 20, driven by Bitcoin’s drop below $100,000, a broad spot price dip, and a funding flush. Cryptocurrency market prices corrected shortly after the U.S. Federal Reserve announced it would slow down rate cuts to address inflation concerns. Following the 25 basis point interest rate reduction, Bitcoin
btc-0.11% slipped under $97,000, dragging the broader digital asset market with it, according to crypto.news price data pages.
According to CoinGlass, Bitcoin’s descent triggered a $1.4 billion mass liquidation event, wiping out leveraged long positions within 24 hours. The single largest liquidated trade was a $15.8 million Ethereum eth1.35%
position on Binance. The trader’s identity and initial investment remain unknown.
The flush reset open interest and funding rates across top trading venues like the CME, Binance, and Bybit. Major altcoins like Solana sol-0.49% and Dogecoin doge 0.95% were hit hard by selling pressure, retracing the “Trump win” rally gains and posting double-digit losses over the weekly timeframe.
Despite widespread criticism of the Fed, experts suggested the market downturn was inevitable following the post-U.S. election price surge. Calls have emerged for Bitcoin to consolidate between $85,000 and $95,000 as a healthier support range.
QCP Capital stated on Telegram that hyper-bullish sentiment in the market ultimately triggered the correction. The total crypto market, which was approaching $4 trillion for the first time, fell to approximately $3.4 trillion at press time, down 7.6% in the past day.
While it it easy to blame the selloff on the Fed’s hawkish cut, we believe the root cause of the morning’s crash to be market’s overly bullish positioning. Since the election, risk assets have enjoyed an impressive one-sided run, leaving the market extremely vulnerable to any shocks.
Michael Saylor is willing to advise Trump on the crypto policy
Ana Kosvick: MicroStrategy Inc. co-founder and executive Chairman Michael Saylor says he is willing to advise Trump on cryptocurrency policy when the crypto advisory council is set.
Ana Kosvick: Since the 2020s, Michael Saylor has been one of the key Bitcoin advocates and investors. Saylor is one who puts money where his mouth is, as he personally spent around one billion dollars on BTC. In 2020, Saylor took to X (Twitter at the time) to announce that he personally owns 17,732 bitcoins and that he acquired these coins before MicroStrategy (MSTR) made the first massive purchase of bitcoins. YahooFinance! reports that currently MicroStrategy owns around 440,000 BTC, which is close to a 2% share of the entire BTC supply. MicroStrategy made headlines on the eve of the latest BTC price peak when the company was included in the Nasdaq 100 index.
Michael Saylor names Bitcoin an apex property of the human race and has an insatiable thirst for bitcoins. He compares Bitcoin to the territories like Manhattan or Alaska that were bought by the early colonist administration, specifying that Bitcoin is rather a kind of cyberspace. That’s why MicroStrategy aims to own bitcoins in bulk. According to Saylor, buying as much of this “space” as possible is crucial for the United States. This vision speaks to the statement posted by Donald Trump on the Truth Social platform. “We want all the remaining Bitcoin to be MADE IN THE USA!” the post reads.
Saylor singled out Trump as the most crypto-friendly Republican politician. It seems that Saylor shares the President-elect’s views on Bitcoin. Although not an outright GOP supporter, in September, Saylor made claims that he sees Republicans as a more progressive party when it comes to cryptocurrency regulation. He names regulation pressure decrease, treating crypto as a tool to boost the U.S. economy, and encouraging individuals to pursue their economic aims using digital finance as progressive characteristics of the Republican approach to the crypto industry.
Ana Kosvick: MicroStrategy Inc. co-founder and executive Chairman Michael Saylor says he is willing to advise Trump on cryptocurrency policy when the crypto advisory council is set.
Ana Kosvick: Since the 2020s, Michael Saylor has been one of the key Bitcoin advocates and investors. Saylor is one who puts money where his mouth is, as he personally spent around one billion dollars on BTC. In 2020, Saylor took to X (Twitter at the time) to announce that he personally owns 17,732 bitcoins and that he acquired these coins before MicroStrategy (MSTR) made the first massive purchase of bitcoins. YahooFinance! reports that currently MicroStrategy owns around 440,000 BTC, which is close to a 2% share of the entire BTC supply. MicroStrategy made headlines on the eve of the latest BTC price peak when the company was included in the Nasdaq 100 index.
Michael Saylor names Bitcoin an apex property of the human race and has an insatiable thirst for bitcoins. He compares Bitcoin to the territories like Manhattan or Alaska that were bought by the early colonist administration, specifying that Bitcoin is rather a kind of cyberspace. That’s why MicroStrategy aims to own bitcoins in bulk. According to Saylor, buying as much of this “space” as possible is crucial for the United States. This vision speaks to the statement posted by Donald Trump on the Truth Social platform. “We want all the remaining Bitcoin to be MADE IN THE USA!” the post reads.
Saylor singled out Trump as the most crypto-friendly Republican politician. It seems that Saylor shares the President-elect’s views on Bitcoin. Although not an outright GOP supporter, in September, Saylor made claims that he sees Republicans as a more progressive party when it comes to cryptocurrency regulation. He names regulation pressure decrease, treating crypto as a tool to boost the U.S. economy, and encouraging individuals to pursue their economic aims using digital finance as progressive characteristics of the Republican approach to the crypto industry.
Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
Bitcoin’s price has catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies.
Honeywell rose 3.7% after saying it’s still considering a spin-off or sale of its aerospace business, as part of a review of its overall business. It said it plans to give an update with the release of its fourth-quarter results.
They helped offset a drop for Nvidia, whose chips are powering much of the world’s move into AI. Its stock fell 1.7%. Because it’s grown so massive, with a total value topping $3 trillion, it was the single heaviest weight on the S&P 500.
All told, the S&P 500 rose 22.99 points to 6,074.08. The Dow Jones Industrial Average fell 110.58 to 43,717.48, and the Nasdaq composite rose 247.17 to 20,173.89.
In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations for the Fed, eased to 4.24% from 4.25%.
Bitcoin’s price has catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies.
Honeywell rose 3.7% after saying it’s still considering a spin-off or sale of its aerospace business, as part of a review of its overall business. It said it plans to give an update with the release of its fourth-quarter results.
They helped offset a drop for Nvidia, whose chips are powering much of the world’s move into AI. Its stock fell 1.7%. Because it’s grown so massive, with a total value topping $3 trillion, it was the single heaviest weight on the S&P 500.
All told, the S&P 500 rose 22.99 points to 6,074.08. The Dow Jones Industrial Average fell 110.58 to 43,717.48, and the Nasdaq composite rose 247.17 to 20,173.89.
In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations for the Fed, eased to 4.24% from 4.25%.
Crypto market crash today....
On Thursday after the US Federal Reserve's projection of fewer interest rate reductions in 2025, affecting investor sentiment and raising concerns about potential outflows from foreign investors.
The Fed announced an anticipated 25 basis points rate reduction but indicated only two cuts in 2025, which is half of what officials had predicted in September.
Global markets reflected similar trends, with US indices showing significant losses. Asian markets followed, with Japan's Nikkei 225, China's Shanghai Composite, and Korea's Kospi all declining.
On Thursday after the US Federal Reserve's projection of fewer interest rate reductions in 2025, affecting investor sentiment and raising concerns about potential outflows from foreign investors.
The Fed announced an anticipated 25 basis points rate reduction but indicated only two cuts in 2025, which is half of what officials had predicted in September.
Global markets reflected similar trends, with US indices showing significant losses. Asian markets followed, with Japan's Nikkei 225, China's Shanghai Composite, and Korea's Kospi all declining.