Chinese businessman and blockchain network leader #TRON Justin Sun announced that TRON is launching the stablecoin USDD 2.0 with an annual yield of 20%. $BTC
It was published that inflation in the US is growing!!! The CPI data was 2.9%, which coincided with the forecasts. Since the data did not exceed expectations, #Bitcoin responded positively and broke through $98 thousand.
In addition, the US government stated that the 120,000 #BTC seized in the Bitfinex case in 2016 should be returned to their rightful owners. I think the market will be volatile! $BTC
#EOSProject EOS is a high-performance, layer 1 blockchain that uses smart contracts to create, deploy, and run dApps for real-world use cases, including finance, gaming, sports, and art – at both the retail and institutional levels. Experts predict significant growth for EOS, but it may face resistance as it faces stiff competition in the market. EOS was initially intended to replace Ethereum.
#BitcoinHashRateSurge Miners have started selling less cryptocurrency. This is evidenced by the decrease in the number of coins they transferred to cryptocurrency exchanges. For example, on November 11, 2024, mining companies sent 26,367 BTC to trading platforms, while from January 1 to January 3, 2025, they transferred only 13,370 BTC. Given this statistics, Bitfinex predicts an increase in the price of Bitcoin to $110,000 in January. However, for a significant increase in value, trading volume must increase.
The Japanese company #Metaplanet plans to increase its supply #BTC more than five times to 10000 BTC by 2025, as analysts forecast a rise above $200,000. $BTC
#CryptoReboundStrategy Ark Invest CEO Cathie Wood says: "The more uncertainty and volatility in the global economy, the more confidence we have in Bitcoin." Bitfinex analysts reported: ".. as investors seek to allocate capital across asset classes. Bitcoin will fluctuate between 95,000 $ and 110,000 $ by the end of January." What do you think?
According to the latest data from CryptoQuant, 33,513,756,079 is leaving exchanges. The decline signals a shift to storing 60,290,383,977 in cold or hot wallets.
According to Paolo Ardoino, there is another smear campaign against Tether.
Let me remind you that Paolo Ardoino is the CEO of Tether (issuer #USDT ), who was appointed in December 2023. He is a supporter of #Bitcoin and other crypto assets. Paolo previously stated that the US authorities can destroy the company at any time if they want. He also said that the company #Tether is trying to do everything to ensure that USDT is not used for criminal purposes. $BTC
- In the USA, several states are considering the creation of strategic reserves in #BTC. - Thailand announced plans for the integration of cryptocurrency at the state level. - Africa is also advocating for the adoption of cryptocurrencies. - Bitwise has filed for a Bitcoin Standard Corporation ETF. - The company Strive has filed for a "Bitcoin Bond" ETF, which means convertible bonds from MicroStrategy. - The Central Bank of Cambodia has allowed commercial banks and financial institutions to provide services related to cryptocurrencies. In short, everyone is getting ready to earn money from crypto. What do you think about this?
The U.S. Internal Revenue Service (IRS) has approved rules stating that DeFi services are now considered brokers. Starting in 2027, they are required to provide data on all transactions involving digital assets.
DeFi (or decentralized finance) is a system of financial services and products that operate on a blockchain and are typically based on smart contracts. These are financial services without intermediaries. It includes decentralized exchanges (DEX), asset management platforms, money markets, and other instruments. $BTC $ETH $BNB
#BtcNewHolder “The US government will not be buying Bitcoin in 2025. […] However, there will be some movement within government departments and agencies to explore expanded cryptocurrency reserve policies,” said Alex Thorn, head of Galaxy Research.
Other Galaxy Research analysts predict that competition between governments to create Bitcoin reserves could intensify.
According to Spot on Chain, the US government holds 183,850 Bitcoins, worth about $17 billion, spread across various known addresses. $BTC
#BitwiseBitcoinETF In the US, several states are considering creating strategic reserves in BTC.
Thailand has announced plans to integrate crypto at the state level. Africa is also in favor of accepting crypto. Bitwise has applied for the Bitcoin Standard Corporation ETF. Strive has applied for the "Bitcoin Bond" ETF, i.e. MicroStrategy convertible bonds. In short, everyone is getting ready to make good money on crypto.
A survey among retail investors in the UAE showed that 37% plan to increase the share of crypto assets in their portfolio. The survey, conducted by the trading platform eToro, involved 1,000 retail investors. 40% of respondents chose stocks, and 38% plan to invest in real estate.
#MarketRebound Nick Tomaino, founder of 1confirmation, stated on platform X that ETH is the native tool for storing value on the internet and has the best monetary policy in the world. He noted that unlike Bitcoin (BTC), which will reach a cap of 21 million by 2140, the supply of ETH will gradually decrease with the growth of applications such as DeFi, stablecoins, NFTs, prediction markets, and SocialFi. He suggested that investors stake ETH to earn income while holding it for the long term.
#ChristmasMarketAnalysis Today Bitcoin is trading around $96000 and most likely after Christmas this price will remain and may even drop to mid-January 2025. Next, I expect the start of altseason, where we will definitely see 60%+. Many are forming long positions in altcoins and are preparing for everything to happen very quickly. And which altcoins are you buying before Christmas?
According to some analysts, the price fluctuations of #Bitcoin during the Christmas and New Year holidays over the past five years were significantly greater during the period from December 20 to January 6, and its actual rise and fall were within 10%, except for 2020, which was particularly dramatic.
I believe that after Christmas and New Year, the probability of making a profit could be 60% or more. What do you think? $BTC
#ChristmasMarketAnalysis Peter Schiff proposed the idea of launching a national cryptocurrency for the USA by creating his own digital asset 'USAcoin'.
In his opinion, this should be done instead of accumulating strategic reserves in BTC, and the USA could save significantly this way.
Peter Schiff is a well-known economist and head of strategic development at Euro Pacific Asset Management, a company that manages assets, as well as a proponent of gold investments, a crypto skeptic, and an opponent and critic of #BTC. $BTC
Michael Saylor proposed to Jeff Bezos to enter the cryptocurrency space by purchasing #Bitcoin for $600 million. This could be the first step for Amazon in the cryptocurrency race.
Michael Saylor is an entrepreneur, founder, and until 2022, the CEO of the American technology company MicroStrategy, which develops a platform for business analytics. In the summer of 2020, MicroStrategy became the first publicly traded company on the Nasdaq exchange to convert part of its capital into Bitcoin. $BTC