1. Trump: Will do something great in the cryptocurrency space.
According to market news, Trump stated he will do something great in the cryptocurrency space (WILL BE DOING SOMETHING GREAT WITH CRYPTO), and he also mentioned that, for him, the stock market is everything, which is very important.
2. Sygnum Bank: Bitcoin demand will surge in 2025, with more entities increasing Bitcoin allocations.
Sygnum Bank, a cryptocurrency-focused asset management company, released a report on December 12 stating that a surge in institutional capital inflows could trigger a 'demand shock' for Bitcoin (BTC) in 2025, potentially leading to a spike in BTC prices. Sygnum's report (2025 Crypto Market Outlook) indicated that institutional capital flows have already created a 'multiplier effect' on BTC's spot price, with every $1 billion of net inflow into spot trading ETFs pushing the price up by approximately 3-6%. This dynamic is expected to accelerate in 2025 as large institutional investors (including sovereign wealth funds, endowment funds, and pension funds) increase their Bitcoin allocations.
3. Tether mints an additional 1 billion USD.
According to monitoring by Lookonchain, Tether minted an additional 1 billion USDT 15 minutes ago. Since November 6, Tether has minted 21 billion USDT on the Ethereum and Tron blockchains.
4. BlackRock: A 2% allocation to Bitcoin is a reasonable range.
BlackRock stated that allocating up to 2% of the portfolio to Bitcoin is a reasonable range.
5. Influenced by MicroStrategy's Bitcoin strategy, around 144 companies now hold Bitcoin.
MicroStrategy has accumulated 423,600 Bitcoins through convertible bonds and stock financing, valued at approximately $42 billion, accounting for 2% of the total Bitcoin supply. Since launching its Bitcoin purchase strategy in August 2020, MicroStrategy's stock price has increased 30-fold, attracting other companies to follow suit. It is reported that about 144 companies hold Bitcoin on their balance sheets, but not all companies are imitating MicroStrategy's strategy.
6. Argentine President Milei announced a plan for free currency circulation next year, which may include Bitcoin.
Argentine President Javier Milei announced his government's plans for the second year in office, discussing key issues including tax cuts, which will reduce national tax revenue by 90%, easing the burden on Argentinians, and allowing states to set their own taxes. Additionally, Milei announced a plan for free currency circulation in 2025, enabling Argentinians to conduct business in the currency of their choice, including Bitcoin.
7. The probability of the Federal Reserve lowering interest rates by 25 basis points in December rises to 98.6%.
According to CME's FedWatch, the probability that the Federal Reserve will maintain the current interest rate until December has dropped to 1.4%, while the probability of a cumulative 25 basis points rate cut rises to 98.6%.
8. Texas Republican Representative submits a bill to establish a Bitcoin strategic reserve.
Texas Republican Representative Giovanni Capriglione announced a legislative proposal to establish a Bitcoin strategic reserve as a testing ground for the U.S. Treasury. The proposed bill would allow the state to begin building a strategic Bitcoin reserve, receiving taxes, fees, and donations in Bitcoin, which would be held for at least five years.
