Bitcoin strategic reserve proponents believe the United States has much to gain by being the first developed country to fully embrace Bitcoin as a reserve asset.
Their logic is simple: as with any new technology, the biggest gains go to those who use it first.
And being the first G20 country to embrace Bitcoin as a store of value would practically require other countries to follow suit. The unprecedented success of the Bitcoin ETF serves as a compelling beta test for the idea.
Four sources familiar with the situation told CNN that President-elect Donald Trump is considering declaring a state of emergency in the country's economy to provide a legal basis for imposing a large number of universal tariffs against allies and adversaries. Trump aims to restore the global trade balance during his second term.
Binance Launches Solv Protocol (SOLV) Megadrop: Earn Exclusive Rewards by Staking BNB or Completing Web3 Quests Binance has launched Solv Protocol (SOLV) Megadrop, its third project on Binance Megadrop. The initiative offers participants the chance to earn rewards in SOLV tokens by staking BNB on locked products or completing designated Web3 quests. SOLV Megadrop Highlights Project Overview: Solv Protocol (SOLV) is a revolutionary Bitcoin staking platform focused on building a Bitcoin-centric financial ecosystem. Megadrop Timeline: Participation begins on 2025-01-07 00:00 (UTC) and ends on 2025-01-16 23:59 (UTC). Binance Listing Date: Trading will start on 2025-01-17 10:00 (UTC) with SOLV/USDT, SOLV/BNB, SOLV/FDUSD and SOLV/TRY pairs. How to Participate in the SOLV Megadrop Log in to your Binance account. BNB Stake: Subscribe to BNB locked products and start earning points based on the subscription period. Longer periods earn more points. Get Rewards: Verify participation via the Binance Megadrop page and receive rewards daily starting from 2025-01-07 05:30 (UTC). Check Reward Distribution: Rewards will be automatically added to Binance Spot wallets after the campaign ends.
Michael Saylor recently stated in an interview that all of his BTC will be burned after his death.
He explained this decision by saying that it would contribute to the benefit of all Bitcoin holders.
Currently, he personally owns approximately 17,732 BTC worth $1.74 billion. Given that he continues to accumulate coins and their issuance is limited, this could indeed be a significant contribution on his part.
It is also worth noting that a significant portion of BTC is considered permanently removed from circulation. For example, the coins belonging to Satoshi Nakamoto (about 1 million BTC), as well as many wallets that have lost access.
On Friday afternoon local time, Trump-backed Republican Congressman Mike Johnson received enough votes to be re-elected as Speaker of the House. Johnson is considered crypto-friendly and previously voted for the Financial Innovation and Technology for the 21st Century Act, widely known as FIT21, and the Anti-Central Bank Digital Currency (CBDC) Act.
Robert Kiyosaki accuses BlackRock of manipulating the price of Bitcoin in the interests of institutional investors, suggesting that CEO Larry Fink is intentionally keeping the price below $100,000.
A rebound in trading is a situation when the price of an asset that has been falling for a certain period of time begins to rise. This often happens after a sharp decline or after reaching a support level. How rebounds work in trading: • Technical analysis: Traders look for support levels or oversold zones (for example, according to the RSI index) where the probability of a rebound is high. • Fundamental analysis: Changes in news or company indicators can trigger a rebound. Types of rebounds: • Dead Cat Bounce - a short-term rebound, after which the decline continues. • True reversal - the price not only increases, but also forms a new upward trend. Strategies for playing on rebounds: 1. Entry near the support level - buying after a sharp decline when signs of stabilization are visible. 2. Position protection - setting a stop loss just below the support level to minimize risks. 3. Exit at resistance levels – sell when the price approaches the resistance level or reaches a certain profit level. Do you want examples of specific indicators or situations for practicing rebound in trading?
The deepest metro station in the world, Arsenalna, is located in the Ukrainian capital, Kyiv. The escalator ride to the station takes more than five minutes.
The NAV premium for short-term holders (STH) has fallen to 11.8%. As the NAV premium approaches zero, selling activity slows significantly as holders begin to hold on to their holdings in anticipation of more favorable market conditions.
Once the NAV premium drops below zero, selling is likely to taper off to a trickle, leaving only a handful of panicked active sellers in the market.
💤 A trader attempted to outsmart the system by purchasing crypto immediately after a token was listed on the decentralized exchange Jupiter. However, due to low liquidity, their $10,000 investment only yielded 78 $PENGU tokens—worth just $5. Ouch. ¯\(ツ)/¯
🗿 These types of traders, known as "snipers," use bots to locate token contracts before listings, buying up tokens early with the intent of selling them for a profit once regular users enter the market. Unfortunately for this sniper, they miscalculated and ended up purchasing a token with a ridiculous market cap of $14 trillion.
Moral of the story? Even the sharpest strategies can backfire when liquidity and market dynamics are overlooked.
From futures to spot trading - learning from mistakes
In 5 weeks on Binance, I lost almost $35 on futures copytrading (I closed most of the positions myself, not waiting for a plus) and earned $1.75 on both types of copytrading. I spent the rest of my investment on buying $BTC $ETH $SOL on a decline and placed it on deposits.
I don't plan to open new futures copy trading accounts - I've made my conclusions. I'm still keeping the current one, maybe I'll develop a relationship with this leading trader.
$USUAL is like a Dolphin: it goes up, makes a joke and sinks again.
You have to know when to enter and when to exit.
I recommend using the 《Bollinger Bands》 indicator that measures volatility and how to take advantage of it.
Buy when it is touching the LOWER (bottom line), and sell when it is touching the MD (middle line), or sell when it touches the UPPER (top line), which is even better.
I also recommend buying at the LOWER and when it touches the MD, sell 50%, and leave the other 50% to sell at the UPPER, or if it falls back to the LOWER, buy back.
This is basically the recipe for success in the market.
Despite the#Bitcoinprice drop, accumulation addresses have soared, adding 483.1k $BTC in just 30 days. This growing demand is a sign of investor confidence, with dips being seen as a great buying opportunity. $BTC