Family: Today's Major News U.S. Department of Justice Approves Sale of $6.5 Billion in Silk Road Bitcoin
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Event Background "Silk Road" was an illegal marketplace that was active on the dark web, where users purchased various illegal goods and services using Bitcoin. In 2013, the Federal Bureau of Investigation (FBI) shut down the platform and seized a large amount of Bitcoin. This amount was approximately 69,000 coins, valued at around $6.5 billion.
Recent Developments On January 9, 2025, the U.S. Department of Justice was authorized to sell the seized Bitcoin. This decision was made less than two weeks after the new government took office, which had previously promised not to sell these Bitcoins. This move has sparked widespread attention and discussion in the market.
Market Reaction As a result of this news, Bitcoin prices experienced a short-term decline. Concerns about the increased supply of Bitcoin led to heightened price volatility in the market.
Impact Analysis
• Impact on the Cryptocurrency Market: A large-scale sale of Bitcoin could create a short-term supply shock in the market, leading to increased price volatility. Investors may become concerned about market liquidity, adopting a wait-and-see attitude.
• Impact on Government Finances: Selling these Bitcoins will bring a substantial income to the U.S. government, helping to alleviate its financial pressure.
• Impact on Cryptocurrency Regulation: This event further highlights the government's regulatory efforts and involvement in the cryptocurrency space, which may lead to stricter regulations in the future.
Summary The U.S. Department of Justice's approval to sell Silk Road Bitcoin is a significant event. It not only has a short-term impact on the cryptocurrency market but also raises further reflections on the government's role in the cryptocurrency domain. In the future, as the cryptocurrency market continues to evolve, interactions between the government and the market will become more frequent and complex. Investors need to closely monitor relevant policy trends and manage risks effectively. #加密市场回调 #晒交易赢奖励 #DeFAI热点 $BTC
#晒交易赢奖励 Many people have a misconception about trading cryptocurrencies, thinking that more capital is always better. In fact, having more capital does not necessarily lead to winning because the more you invest, the greater the pressure, and the timing of capital entry is very important. We all know that generally speaking, Bitcoin does not go up directly; it either spirals up or falls first before spiraling up. Therefore, your entry position is crucial. If your entry position is not good, then your capital advantage will shrink significantly, so the entry point is very important.
$BTC 9.15 to 10.2 10.2 to 9.35 9.35 to the present, this stage has been since the 30th, the fluctuation of 20,000 points The teacher who believes that technology is useless has been silent these days, or has been targeted by the dog dealer, a textbook trend. Channel support resonance, rebound structure turning point pressure, retracement starting point test. If it rises, it is bullish, and if it falls, it is bearish, it is a cognitive problem
Gm xai The market is fraying back and forth, don't hesitate, the big game cycle is right ahead. Only with great enlightenment can one make big money. Look at the founder of Sohu, Zhang Chaoyang.
#btc Waking up, Bitcoin has already dropped to a low of 92500 under the main downtrend, and Ethereum has even excessively dropped to 3208! So yesterday, Hunter posted at least three times emphasizing to brothers to hold back and not rush into buying, showing his sincere concern! Those who listened to me seemed to have avoided a disaster! In fact, since yesterday afternoon when Bitcoin broke below the 4️⃣h life line of 96554, I felt something was wrong, and it would continue to drop. The next support I provided for my friends has also reached 92920 as expected! Is that all? I'm not very optimistic about the market outlook; what is meant to come will always come. The large-scale drop I mentioned refers to the weekly chart. Once the weekly wave downtrend model is triggered, Bitcoin will see the 8️⃣s!
Yesterday, Bitcoin led the overall altcoin market to a sharp decline, erasing all the gains from last week, with some altcoins even reaching new lows. However, the support around Bitcoin's 92600 level still exists, and there was a noticeable rebound when this support was touched.
Now, Bitcoin's bottom has lowered, and the support level has moved to around 91800. Market recovery requires time, and upward movement needs to break resistance step by step and hold support, testing everyone's patience once again.
Meanwhile, Ethereum is showing no signs of being the second in the crypto market, as it drops just like the altcoins. The support level has now reached the 3200 mark, and it is also in the process of market recovery.
With the non-farm employment data and unemployment rate data to be released this Friday evening, the entire market has become cautious about bottom-fishing. The market is sluggish, and TACO continues to encourage everyone to hold onto their chips; let’s move forward together.
If the cryptocurrency market continues to be sluggish before the Spring Festival, it will seriously affect the consumption capacity and happiness of the people during the Spring Festival. It is related to 240 million cryptocurrency investors and 500 million investors and their families. The trend of the cryptocurrency market is no small matter!
#加密市场回调 Many people have a misconception when trading cryptocurrencies, which is that the larger the capital, the better. In fact, this is not necessarily true. Theoretically, if the funds are unlimited, one can certainly earn money, but in reality, having a larger principal does not guarantee higher profits. This is because if the wrong coin is chosen, all efforts are in vain. For example, many big players who entered the market back then $BTC ended up getting stuck. At three in the morning, who knows if there's still iron juice left? Even the big players did not expect Bitcoin to reach 10 million. Once they got stuck, they were also anxious.
Roam's achievements in the DePIN field were also featured in MessariCrypto's charts.. ➖Roam is building an Open Global Wireless Network with over 1.2 million wifi nodes in the DePIN field.
Roam is ranked as the 4th best project in this field and continues to rise rapidly. Roam uses OpenRoaming WiFi technology to keep you connected at all times, whether via WiFi or cellular. 🟣 Roam's network covers over 190 countries, creating a truly decentralized and borderless internet. Reaching the demand side of DePIN, Roam offers a unique connection that is not only free but also a rewarding and passive source of income. The Roam application provides services in both Web2 and Web3. Roam is not just building a network, it is creating a movement. Join Roam to take part in this movement...
The biggest joke of my life is that every time the teacher recommends a cryptocurrency, the most frequent phrase in the analysis is 'you should cut your losses'. If you don't take a risk at this position, then where will you take a risk? Brother, your persona is that of an analyst and trader, not a gambler. Everyone doesn't need you to always profit; making more and losing less is fine. It's not just pure luck. Moreover, we don't need you to teach us; still, 'you should cut your losses'—this phrase coming from you is quite amusing. It shows that you're purely here to collect transaction fees. In any case, if you cut losses, you still earn your commission. Also, when you say this, it means the market is 50/50. From your words and actions, it seems you're just good at deceiving people. I really admire your eloquence.
It is widely accepted by experts that trading psychology is as important as experience and knowledge in shaping trading success. Mastering emotional control, managing cognitive biases, and maintaining discipline are vital to achieving consistent profitability in the financial markets.
Binance Square has launched a new campaign where users can complete daily tasks in the Task Center on the Binance App to earn a share of a $5,000 pool in $BNB token vouchers, along with Binance Points.
Campaign Details ---->>>
- Activity Period - January 6, 2025, 06:00 (UTC) to January 12, 2025, 06:00 (UTC) - How to Participate. - Log in to your Binance account. - Access the Task Center in the Binance App. - Complete the daily tasks available.
By completing more tasks, you increase your chances of unlocking rewards in the form of BNB vouchers and Binance Points. Be sure to complete the tasks within the specified time frame to be eligible for your share of the $5,000 prize pool. Check Binance Announcements - New Activities.
🚨🚨Is Dogecoin (DOGE) Gearing Up For Another Moonshot? DOGE Has A History Of Blowing Minds During Rallies! Crypto Analyst Ali Recently Shared Some Interesting Data, Connecting The Dots Between Dogecoin’s Past Mega Pumps And Its Current Setup. Historically, DOGE Has Recorded 1,000% Gains TWICE, With Rallies Lasting Just 27-42 Days. Could History Be Repeating Itself? The Hype Is Real! 2017-2018 Pump: DOGE Went From A Microscopic $0.0002 To $0.0022 In Just 42 Days. 🚀 2021 Megaboom: The King Of Memes Broke Through $0.50 In Just 27 Days, Leaving Everyone Speechless! The sheer excitement of retail traders added fuel to the fire, fueling an epic rally. Dogecoin has already proven that it’s more than a meme—it’s a money-making machine when the market aligns. With its historical patterns and growing buzz, all eyes are on DOGE. Are you ready for the next moonshot? 🌕 Buckle up, because things could get crazy! 👇👇👇👇👇👇💸💸💸💸💸💸💸 🚨🚨💸💸 Code Claim your Reward additional 💯🎁 👉 BPJG3GAY80 🥳🎉 $DOGE #Write2Earn #CryptoReboundStrategy #BNBBhutanReserves #ElonMusk #TRUMP
🚨🚨Is Dogecoin (DOGE) Gearing Up For Another Moonshot? DOGE Has A History Of Blowing Minds During Rallies! Crypto Analyst Ali Recently Shared Some Interesting Data, Connecting The Dots Between Dogecoin’s Past Mega Pumps And Its Current Setup. Historically, DOGE Has Recorded 1,000% Gains TWICE, With Rallies Lasting Just 27-42 Days. Could History Be Repeating Itself? The Hype Is Real! 2017-2018 Pump: DOGE Went From A Microscopic $0.0002 To $0.0022 In Just 42 Days. 🚀 2021 Megaboom: The King Of Memes Broke Through $0.50 In Just 27 Days, Leaving Everyone Speechless! The sheer excitement of retail traders added fuel to the fire, fueling an epic rally. Dogecoin has already proven that it’s more than a meme—it’s a money-making machine when the market aligns. With its historical patterns and growing buzz, all eyes are on DOGE. Are you ready for the next moonshot? 🌕 Buckle up, because things could get crazy! 👇👇👇👇👇👇💸💸💸💸💸💸💸 🚨🚨💸💸 Code Claim your Reward additional 💯🎁 👉 BPJG3GAY80 🥳🎉 $DOGE #Write2Earn #CryptoReboundStrategy #BNBBhutanReserves #ElonMusk #TRUMP
🚨🚨Is Dogecoin (DOGE) Gearing Up For Another Moonshot? DOGE Has A History Of Blowing Minds During Rallies! Crypto Analyst Ali Recently Shared Some Interesting Data, Connecting The Dots Between Dogecoin’s Past Mega Pumps And Its Current Setup. Historically, DOGE Has Recorded 1,000% Gains TWICE, With Rallies Lasting Just 27-42 Days. Could History Be Repeating Itself? The Hype Is Real! 2017-2018 Pump: DOGE Went From A Microscopic $0.0002 To $0.0022 In Just 42 Days. 🚀 2021 Megaboom: The King Of Memes Broke Through $0.50 In Just 27 Days, Leaving Everyone Speechless! The sheer excitement of retail traders added fuel to the fire, fueling an epic rally. Dogecoin has already proven that it’s more than a meme—it’s a money-making machine when the market aligns. With its historical patterns and growing buzz, all eyes are on DOGE. Are you ready for the next moonshot? 🌕 Buckle up, because things could get crazy! 👇👇👇👇👇👇💸💸💸💸💸💸💸 🚨🚨💸💸 Code Claim your Reward additional 💯🎁 👉 BPJG3GAY80 🥳🎉 $DOGE #Write2Earn #CryptoReboundStrategy #BNBBhutanReserves #ElonMusk #TRUMP
The Biggest Altseason in History Black Rock Invest $1.6B 😁
The crypto world is buzzing as the biggest altseason ever is unfolding before our eyes. With major players like BlackRock making billion-dollar moves and low-cap altcoins showing explosive potential, there has never been a better time to dive into the world of alternative cryptocurrencies.
Here’s a breakdown of what’s happening and how you can capitalize on this incredible opportunity.
BlackRock’s $1.6 Billion Investment BlackRock, the world’s largest asset manager, has invested a staggering $1.6 billion into cryptocurrency projects. This move signals a strong vote of confidence in the crypto space, especially altcoins. Institutional investments like these often act as catalysts, driving prices up and attracting retail investors.
The Potential for 1000x Returns Imagine turning a modest $100 investment into $100,000. It might sound like a dream, but with the right low-cap altcoins, it’s entirely possible. Low-cap cryptocurrencies have smaller market capitalizations, making them more volatile but also more likely to see exponential growth during an altseason.
Low-cap altcoins are often overlooked but carry immense potential Promising Low-Cap Altcoins for 1000x Growth
This altseason is a once-in-a-lifetime opportunity. With institutional backing like BlackRock and the rising potential of low-cap altcoins, the crypto space is entering an exciting phase. If you’re strategic and informed, this could be your chance to turn small investments into life-changing wealth
Are you ready to dive into the biggest altseason in history?
🚀 Won! #AVAX achieved goal 3 🚀 🤩 Short to medium term: Short 📈 $AVAX 😍 ➖➖➖➖➖➖ Goal 1: 38.14 ✅ Completed Goal 2: 37.14 ✅ Completed Goal 3: 36.14 ✅ Completed 🔥 Entered at 13:00 on January 8 at 38.85! Just hit 36.16 to achieve goal 3! Gained over 537.13% (75X) profit! Stable setting at BE 🔥🔥 ➖➖➖➖➖➖ (Free registration to add private chef to see the latest strategies) Binance 28 commission rebate invitation code: FOHW9ZPT If you find this helpful, please like and share! @加密航海家飞鱼