🔥 SAYLOR: "#Bitcoin will win but not everybody's gonna win with it." $BTC #USJoblessClaimsDrop | Anja Bassel Zyso on Binance Square

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Anja Bassel Zyso

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🔥 SAYLOR: "#Bitcoin will win but not everybody's gonna win with it."
$BTC #USJoblessClaimsDrop 

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US consumer confidence took a hit in December, with the Consumer Confidence Index declining by 8.1 points to 104.7 . This drop was largely driven by concerns about the future, with the Expectations Index tumbling 12.6 points to 81.1. This is just above the threshold of 80, which usually signals a recession ahead. Consumers' assessments of current business conditions also eroded somewhat, with 19.1% saying conditions were "good," down from 21.6% in November . However, their appraisals of the labor market improved, with 37% saying jobs were "plentiful," up from 33.6% in November. It's worth noting that consumer confidence has been volatile in recent months, with the index improving in November, but declining in December . The Conference Board, which releases the index, will provide an update on January 28th .#USConsumerConfidence

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Need to catch up on the news? Here's our top 10 from today: 🔸Ripple requests April 16, 2025 deadline to file its opening brief in the ongoing lawsuit against the SEC. 🔹Solana flipped Sony in market cap. 🔸Andreessen Horowitz is closing its London office and shifting focus back to the US. 🔹House Oversight Committee Chairman James Comer is launching an investigation on the improper debanking of major crypto companies. 🔸US spot #Bitcoin ETFs recorded over $3.6B of inflows over the past 6 days 🔹Morgan Stanley CEO Ted Pick said the bank is working with Treasury and other regulators to offer crypto transactions. 🔸Semler Scientific set to raise $75 million to acquire more #Bitcoin. 🔹Silk Road founder Ross Ulbricht posted his first update after release, thanking President Trump for granting him a full pardon. 🔸Senator Elizabeth Warren asked US financial regulators and the government ethics office to probe the ethical and legal concerns around Trump’s crypto tokens.

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Ethereum tops blockchain earnings in 2024 with $2.48B collected in fees despite an upgrade in March that reduced costs on the network, according to CoinGecko. #ETHProspects

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ETF FLOWS: Around 2,340 BTC and 21,250 ETH were bought on Jan. 22. BTC ETFs saw $248.3M in net inflows. ETH ETFs saw $70.7M in net inflows. $ETH

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UPDATE: Solana’s stablecoin market cap hits $10B for the first time, surging 69% in the past week. $SOL

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