Donald Trump announced the creation of the Presidential Council of Advisors on Digital Currencies (the "Crypto Council"), which will focus on the development of the crypto industry and technology in the United States. Bo Hines, a Yale graduate and former American football player, has been appointed executive director. Hines will be responsible for stimulating innovation in the field of digital assets and supporting industry leaders. The "Crypto Czar" David Sachs will head the "Crypto Council". Sriram Krishnan, general partner of the Andreessen Horowitz venture fund, will also join the team and will focus on artificial intelligence. Michael Saylor, head of MicroStrategy, has already announced his readiness to advise the Trump administration on cryptocurrency policy. 📈 A new round of digital technology development in the United States under the leadership of a strong team! Do you think this will help America become a leader in the crypto industry? #Dogecoin
Crypto.com has launched a cryptocurrency custody service for institutional investors in the United States as part of a broader plan to expand its presence in the country, the cryptocurrency exchange said Dec. 23
"Crypto. com Custody Trust An authorized trust named "Crypto. com Custody Trust Company" is authorized to hold the assets of U. S. institutional investors and high net worth individuals, Crypto. com said in a statement. Crypto. com CEO Chris Marszalek said in a statement that "this move reflects our confidence in the North American market. It also furthers Crypto. com's plan to "grow our business and presence in two of the most important and active #cryptocurrency markets in the world - the U. S. and Canada, Marszalek said. BREAK In December, U. S. President-elect Donald Trump met with Marshalek at Trump's Mar-a-Lago home to discuss cryptocurrency policy. The same day Crypto. com withdrew its lawsuit against the U. S. Securities and Exchange Commission (SEC), saying it "will . and has expressed a willingness to work with the incoming administration on a framework. President Trump has said he wants the U. S. to become the "cryptocurrency capital of the world" and has nominated industry-backed leaders to head key regulatory agencies when his presidency begins in January. Crypto. com is headquartered in Singapore and began operating in the U. S. in 2022, initially only for institutional investors. The company suspended services in the country in 2023, but has since changed course. In October, Crypto. com acquired SEC-registered broker-dealer Watchdog Capital to expand its U. S. presence. In the U. S. , the number of digital asset custodians is growing: in September, U. S. cryptocustodian #BitGo launched a regulated platform for storing and managing native #Web3 protocol tokens; In August, CoinTelegraph reported that Fireblocks, a company known for its financial management products, received permission from the New York financial regulator to store assets of U. S. clients. Read us at: Compass Investments #FinTechInnovations #BlockchainFuture
If you are concerned about the current downturn in the cryptocurrency market, it is important to understand that this is part of a natural cycle. This refers to the so-called accumulation phase described in the Wyckoff method. This process is often utilized by large players known as 'whales' to acquire assets at low prices from inexperienced traders, who may mistakenly perceive what is happening as the beginning of a large-scale collapse. How does this look? First, we see a sharp decline in prices, causing fear and doubt among market participants. Then follows a short-term rise, creating a false sense of hope, after which the price drops again. Such fluctuations gradually undermine investor confidence until the asset reaches what is known as a 'triple bottom' — a point of minimal values. At this stage, many traders start to sell assets en masse, believing that further decline is inevitable. But in reality, this moment becomes the starting point for future growth. Large investors actively buy assets at minimal levels, forming a base for a new strong upward trend.
- Experts predict ambitious price targets for BTC and ETH by 2025. - Decentralized finance (DeFi) continues to gain popularity, attracting new investors. - Altcoins are also showing confident growth, expanding their capabilities.
What do you think about the future of cryptocurrencies? Share your thoughts in the comments! 💬
🚀 Polkadot (DOT) is celebrating a growth of 4.53% today, trading at $7.31. Against BTC, it has increased by 6.45%! 📈
- Forecast: DOT could reach $9.03 in the next 5 days. - Fear and Greed Index: 70 (Greed). - Current support levels: $6.88, $6.39. - Key resistance levels: $7.68, $7.99.
Be cautious, the cryptocurrency market is unpredictable! 🔍
From hundreds of coins, it's clear you won't hit the jackpot here✅although…although no)) I think doge will shoot up in any case, but I won't risk entering with the distracting pups ) there are a bunch of cool options
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Alesia Brickel
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$1MBABYDOGE consolidation has been going on all day already. What do you think? Is it going to drop or will it rise? Everything of course depends on Bitcoin, but what is your opinion?
If you are concerned about the current downturn in the cryptocurrency market, it is important to understand that this is part of a natural cycle. This refers to the so-called accumulation phase described in the Wyckoff method. This process is often utilized by large players known as 'whales' to acquire assets at low prices from inexperienced traders, who may mistakenly perceive what is happening as the beginning of a large-scale collapse. How does this look? First, we see a sharp decline in prices, causing fear and doubt among market participants. Then follows a short-term rise, creating a false sense of hope, after which the price drops again. Such fluctuations gradually undermine investor confidence until the asset reaches what is known as a 'triple bottom' — a point of minimal values. At this stage, many traders start to sell assets en masse, believing that further decline is inevitable. But in reality, this moment becomes the starting point for future growth. Large investors actively buy assets at minimal levels, forming a base for a new strong upward trend.
Whales purchased XRP for $1.29 billion. What will happen to the price? Since last week, the price of XRP has remained within a narrow range between the resistance level of $2.62 and the support level of $2.20. Currently, the altcoin is trading at $2.34.
Large investors holding between 100 million and 1 billion tokens took advantage of the sideways movement and the fading bullish sentiment to increase their cryptocurrency holdings. According to analytics platform Santiment, this group of investors acquired approximately 590 million XRP worth $1.29 billion over the past week. They now control 8.91 billion tokens. If large holders are actively buying the coin, they are confident that the price of XRP will rise. Such whale activity could create upward pressure on the market and provoke a rally, as retail investors often watch the actions of whales.
There is also optimism in the derivatives market. This is evidenced by the positive funding rate of the altcoin, which stands at 0.008%. $XRP
🌟 Elon Musk's 1998 "Crazy" Prediction Has Come True! 🚀 In 1998, a young Elon Musk made a bold claim that left many in disbelief. He predicted that the internet would become a "supernet of all media" — spanning print, broadcast, radio, and more. Fast forward to today, and Musk's vision has not only materialized, it has revolutionized the way we consume content. 🔍 Key Takeaways: - 1998 Vision: Musk envisioned the internet as a central hub for all forms of media, transforming traditional platforms into digital ecosystems. - Current Reality: Streaming services, social media, and interactive content are now the norm, validating Musk's ambitious prediction. - Impact: This transformation has democratized information, making it more accessible and engaging for billions around the world. 🌟 Why it matters: - Pioneering insight: Musk's early prediction demonstrates his visionary thinking and ability to anticipate technology trends. - Media evolution: The convergence of media forms on the internet has transformed industries, creating new opportunities and challenges. #$BTC