The Federal Reserve (Fed) cannot directly own gold or Bitcoin due to restrictions under the Federal Reserve Act, which limits its operations to assets such as government securities. Gold, on the other hand, is owned by the Treasury Department, which is responsible for managing the US strategic reserves. The Fed merely stores some of this gold in its vaults, but does not own it.
If the US government were to decide to include Bitcoin as part of its strategic reserves, that responsibility would fall to the Treasury, not the Fed. Such a decision would require legislative changes and would represent a reassessment of the role of cryptocurrencies in the country’s economic and strategic context.

at the top of the triangle. The 55 USDT value is the critical resistance line, and a break above it could indicate that the price will continue to rise, possibly heading towards the 85-90 USDT as mentioned earlier, depending on the strength of the move.
If the price breaks out to the upside with significant volume, it could be a good opportunity for an upward move. However, it is worth remembering that confirming the breakout will be crucial to avoid possible false breakouts. Keep an eye on the trading volume to validate the direction of the move.

Despite having explored the use of cryptocurrencies in the past, the company has considered Bitcoin on a few occasions, but its board of directors has generally recommended that the company not add Bitcoin to its balance sheet, saying it does not align with the company's current strategy. In recent years, Microsoft has also discontinued its cryptocurrency payment systems and shut down its blockchain service, citing lack of demand and market changes.

This caution is partly driven by concerns about Bitcoin’s volatility, which could pose significant risks for a large corporation like Microsoft. While some investors, such as MicroStrategy’s Michael Saylor, see Bitcoin as a potential long-term asset, Microsoft has not been convinced by this argument. Furthermore, the company claims that its current processes are sufficient to manage investments, making it unnecessary to add Bitcoin.

with participation from over 40 investors, including Galaxy Digital, Dragonfly, and ParaFi Capital. The primary goal of this fundraising is to strengthen strategic partnerships and fund improvements to the network’s infrastructure, especially in anticipation of the “Avalanche9000” upgrade scheduled for December 16, 2024.

This upgrade will introduce a subscription model for validators, reducing costs from 2000 AVAX (one-time payment) to 1.33 AVAX per month. This aims to make launching blockchains on Avalanche more affordable while also expanding its horizontal scalability, which sets it apart from networks like Ethereum and Solana.

Keep one eye on the cat and the other on the fish.
Yesterday's correction was healthy for the market. Congratulations to everyone who took advantage! From now on, any dip will be an opportunity.
In fact, some altcoins have already recovered from the pre-dump.
Congratulations to everyone who had the stomach to leave their positions open, those in the spot market, congratulations for not selling in panic.
$AVAX

The AVAX/USDT pair is showing a strong uptrend on the weekly chart, breaking the resistance at $47 with a significant volume move. The Three White Soldiers pattern signals continued optimism in the market, and the previous consolidation suggests that the breakout could lead to more significant moves in the medium term.
Technical Indicators:
EMAs (7, 25, 99): These are aligned in a bullish pattern, with the price well above the 7-period EMA, indicating strength in the short- to medium-term trend.