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JUST IN: 🇺🇸 Trump’s Ally Lummis Pushes to Sell Some of the Fed’s Gold to Buy #Bitcoin - Bloomberg 👀
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All I desire for Christmas 🎄 is a steady, long-term Bitcoin bull run! It looks like my wish might just come true! Personally, favorite time of the year! Much respect to everyone who has held strong in Bitcoin, even as its "worth" fell from $69k to $15k and then rose to $92k. Unbelievable! It's an honor to hodl alongside those of you who have stayed committed. Let’s keep stacking with even more focus. Everything is aligning perfectly. Coming together, 1. Spot ETFs. 2. Post-halving cycle. 3. Emerging Stock pile narratives. 4. Pro-BTC presidential policies and regulations. 5. $MSTR ’s $42b buy over the next few years. 6. Softwar/Hash wars. 7. Overall FOMO and growing demand. It will get intense for those who haven’t fully dived into Bitcoin. Get ready; it's going to get wild.
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Michael Saylor: "I’m planning the $100K party, and it’s probably going to be New Year’s Eve at my house." 🥳
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🚨BREAKING: President Trump and the upcoming Department of Government Efficiency (#DOGE) are exploring a federal Blockchain based election voting and identity verification system According to sources familiar with the matter, the system will be built in partnership between X, Cardano, Hyperledger and #Hedera. Legislation will federally require all states to implement the „eVote“ platform to ensure election integrity across all of the United States. According to the source, President Trump insists on implementing a system to eliminate voter fraud as he fears foul play in 2028. Hedera has already been recognised by the #StateDept and #WhiteHouse for their commitment to advance democracy
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💸 The Fed's balance sheet has shrunk by $27.1 billion in one week! ▪️ Collins, Fed Chairman: - The Fed may NOT cut interest rates in December. - I don't see any signs of inflation resuming. ▪️ Goolsbee, Fed Chairman: - We need to start slowing the pace of Fed rate cuts. - I don't think the Fed rate will return to the level it was before the pandemic. - It is likely that the interest rate will have to be reduced within the next year. ❗️ Market expectations ( #FED ): - December 18: 25 bps decline to 4.25-4.50% (probability = 58.7%) - January 29, 2025: PAUSE. - March 19, 2025: PAUSE. - May 17, 2025: a reduction of 25 bps to 4.00-4.25%.
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Expect many OG's to take fiat profits between now and $100K. This is a golden opportunity to stack before #Bitcoin enters parabolic price discovery mode with no obvious sell levels. The speed with which we eat through the $100K wall will tell us a lot about the next 12 months. Long term its all noise though. We are on a clear path to $1 million per coin.
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