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TRX
0.1962
-3.20%
NOT
0.007052
-7.38%
CFX
0.1436
-7.29%
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🇧🇹 Bhutan Holds 39% of Its GDP in Bitcoin — $1.14 Billion The “happy kingdom” bet big on Bitcoin, with 39% of its GDP tied to the slowest, most outdated crypto. At least it’s “real”
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🇺🇸 Tether custodian to become U.S. Secretary of Commerce ‼️ According to Donald Trump’s announcement, Howard Lutnick, President and CEO of Cantor Fitzgerald, will serve as the Secretary of Commerce in the new U.S. administration. ✅ Since 2021, Cantor Fitzgerald has been the custodian of Tether’s reserves, and Lutnick is well-known as a strong advocate for Bitcoin and other digital assets. His primary role in the new position will involve overseeing American technology and enforcing tariffs that the new administration plans to impose on Chinese imports.
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🪙 Analysis: Will Bitcoin reach one million dollars? Key points: • Bitcoin’s path to $1M depends on scarcity, adoption, and market dynamics. • ETF inflows and treasury adoption boost confidence and price. • Capturing 3% of global wealth could raise its market cap to $20 trillion. #Bitcoin❗
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NASDAQ will begin listing options on BlackRock's BTC spot ETF (IBIT) today. This marks a significant milestone for the Bitcoin derivatives market, as derivatives for traditional assets often grow to be 10-20 times the size of the underlying market cap. These investors are likely to focus on generating yield on their long-term spot ETF holdings, potentially leading to further compression of implied volatility. #DeSciRising
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JUST IN: 🇺🇸 President-elect Donald Trump to meet with #Coinbase CEO Brian Armstrong.
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