Thanking 'Binance' and 'Binancians' and... Celebrating 10,00 | KEN-FI on Binance Square

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Thanking 'Binance' and 'Binancians' and...Celebrating 10,000 members on the deck! 
Alhamdulillah!

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🚨🚨🚨Lummis Advances Bitcoin Push as Ten States Establish Strategic Reserves In a major boost for Bitcoin, Senator Cynthia Lummis revealed on Friday that she held discussions with Kraken exchange executives to chart the path forward for a Bitcoin strategic reserve and updated crypto regulations. Momentum Builds: Ten States Back Bitcoin Reserves Ahead of Trump's Second Term With Donald Trump's return to the presidency on the horizon, ten U.S. states have taken decisive action by proposing legislation to create Bitcoin strategic reserves. States including Massachusetts, Wyoming, New Hampshire, Alabama, Florida, Pennsylvania, Texas, Ohio, North Dakota, and Oklahoma aim to allocate portions of their state funds into Bitcoin investments. This move signals growing confidence in Bitcoin as a hedge against economic uncertainties and a tool for long-term financial growth. KEN-FI foresees a hyper bullish Bitcoin once states come in to hold it as a strategic reserve!

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XRP Vs ETH, the battle for No. 1 Altcoin begins: XRP has grown significantly with its price currently at $3.24 with a market cap around $190B. The only Altcoin reaching this huge market cap is Ethereum and it is quite right to compare the two giant altcoins for the second ranking after BTC and first as an alt. To surpass Ethereum's market capitalization, XRP would need to reach approximately $8 per token, considering Ethereum's current market cap of about $446.27 billion. Indeed, a significant increase that would require sustained market momentum and investor confidence. This will also need a huge development around XRP like its status upgrade as a global payment solution, approval of ETF, sustained Ripplenet development, and a super pace of institutional adoption can definitely make XRP a very tough contender. However, it is highly unlikely for XRP to make it anytime soon. According to KEN-FI, the maximum price of XRP can hit $5.7 in year 2025. However, in the years to come XRP can be a hyper bullish asset!

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It appears like a dream how crypto went on during all these years... 8 years ago, we got into it; 5 years ago we started inviting people to learn/invest/trade in digital assets but unfortunately, we received a very cold response. It took us two years to get 6 people interested and five years to 69 but the fact of the matter is that people are secretly into crypto making it the most addictive technology and asset class of all times. 300 million users for mobile, computer and internet were compared with crypto and the crypto outperformed them all. The world's most viral thing in history is Crypto. Let's have a look at how BlackRock compared the top 3:

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Resistance around $100K is proving to be a real tough one to breach and it is significant for Bitcoin. BTC must break the super resistance to turn Bullish. Markets are perhaps awaiting some concrete news to double check the skyrocketing expectations. If things turn out to be going as desired, Bitcoin may hit a new ATH any time during the third week of January. The next BTC move will strongly rely upon news and not rumors. Gird up for that, folks! Stay easy with margins!

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From tomorrow onwards, markets open as per routine and the week long drab show in the markets will begin to glow. With Trump getting ready to enter the office along with his business-intelligent team, fireworks for the upcoming month are all set to go. Debate on Bitcoin reserves is growing hotter everyday and the global players are looking up to Trump what he does upon assuming the office. A chain of impactful decisions may overwhelm the markets if strategic reserve law gets the approval. Here's a projection of Bitcoin's price over the years: 2025: $270,000 2026: $405,000 2027: $590,000 2028: $870,000 2029: $1,007,000 2030: $1,105,000

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