Today, Bitcoin finally broke through the $100,000 mark, and we have witnessed another historical moment!
Ethereum also stands its ground, with the price reaching a peak of $3,900.
Among altcoins, CRV and CVX in the Ethereum ecosystem have also started to rise.
There are rumors that CRV is collaborating with BlackRock in the U.S., which could be one of the reasons for its rise.
Previously, projects in the compliance sector, like XRP, HBAR, and TRX, which rose sharply, are now all undergoing a pullback.
Smart money is starting to withdraw from these projects and reinvest the profits back into Bitcoin.
It's worth noting that OpenAI will conduct 12 live broadcasts in the next 12 days.
If they release innovations similar to GPT-3.5 at the end of 2022 or Sora at the beginning of 2024, it could trigger another AI craze and potentially boost the AI sector.
Therefore, in the coming month, we can focus on projects in the AI sector.
At the 'Russia Calling' investment forum in Russia, President Putin said: 'Who can prohibit Bitcoin? No one can! The rise of these new technologies is unstoppable.'
I wonder if this strong breakthrough in Bitcoin is related to Putin's public endorsement.
Additionally, Paul Atkins has been nominated as the new SEC chairman and has accepted the position.
He served as an SEC commissioner from 2002 to 2008.
It is clear that Atkins is a very familiar SEC chairman with the cryptocurrency industry, and his leadership of the SEC is good news for the crypto circle.
After taking office, he might introduce very favorable policies for cryptocurrencies, such as reducing regulations, lowering penalties for violations, and promoting more cryptocurrency companies to be listed on U.S. stocks.
Trump also mentioned in a statement, 'Atkins is a recognized regulatory leader who believes that strong, innovative capital markets can meet the needs of investors and provide capital to make our economy the best in the world.'
Trump also recognized that digital assets are crucial for making America greater than ever before.
In California's 13th congressional district, Republican Congressman John Duarte conceded defeat.
Thus, the U.S. House of Representatives election has concluded, with the Republicans securing 220 seats and the Democrats 215 seats, giving the Republicans a majority.
This means Trump could become one of the most powerful presidents in American history, as the Republicans control both the House and the Senate.
After Trump took office, the Bitcoin Strategic Reserve Act has a high probability of passing.
Yesterday, Powell also mentioned that Bitcoin's competitor is gold, not the dollar. This might be preparing for Bitcoin to be included as a strategic reserve asset.
If the U.S. makes Bitcoin a strategic reserve, other countries may follow suit, and sovereign funds may purchase Bitcoin in large quantities, potentially driving Bitcoin into a long-term bull market.
If Bitcoin really enters a long bull market, a price of $1 million is just a matter of time.
Our core group made heavy investments when Bitcoin was at $50,000-$60,000, and the current price has already doubled.
What needs to be done now is to hold onto Bitcoin without making rash moves to benefit from the entire industry's growth.
