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#ReboundRally Trump Proposes U.S. Bitcoin Reserve; Fed Chair Powell Expresses Reservations President-elect Donald Trump has proposed establishing a U.S. Bitcoin Strategic Reserve, aiming to position the nation as a leader in cryptocurrency adoption. Federal Reserve Chair Jerome Powell responded, stating that the Fed is not permitted to hold Bitcoin and is not seeking legislative changes to allow such holdings. Powell emphasized that any decision regarding a national Bitcoin reserve should be made by Congress.
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#MarketRebound Is Bitcoin Difficult to Learn for Beginners? Learning Bitcoin for beginners might seem challenging, but it largely depends on the approach. Here are the main points to assess the difficulty level: What might be challenging: 🔵 Understanding the technology: Blockchain, cryptographic keys, and decentralization can feel technical and abstract. 🔵 Choosing a wallet: The variety of wallets (cold, hot) and the need to use them securely can be confusing. 🔵 Security: Protecting private keys and understanding asset storage risks require extra attention. 🔵 Platform interfaces: Navigating exchanges, wallets, and trading platforms may not feel intuitive for beginners. What simplifies the process: 🔵 Accessible educational resources: Numerous guides, video tutorials, and courses on Bitcoin. 🔵 Modern apps: Simplified platforms that are user-friendly even for those with no prior experience. 🔵 Low entry barrier: You can start with small amounts to minimize risk and ease into the process. 🔵 Support services: Many exchanges and wallets offer prompt customer support. Recommendations for beginners: 🔵 Start by learning the basics (what Bitcoin is and how it works). 🔵 Choose a secure wallet and test it with a minimal amount. 🔵 Study basic security rules (how to avoid scams, protect your data). 🔵 Avoid rushing into investments until you fully understand the process. Bitcoin isn’t as complicated as it seems, especially with a gradual approach to learning. The main initial challenge lies in mastering terminology and security rules.
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#ChristmasMarketAnalysis Michael Saylor suggests Amazon founder Jeff Bezos buy $600 million worth of Bitcoin.
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#ChristmasMarketAnalysis will market regain trength before Xmas?
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What happened today: Bitcoin faced its first significant correction after reaching the $100,000 milestone, dipping to $92,000 before recovering to $97,000, driven by the SEC's approval of Bitcoin ETFs for Hashdex and Franklin Templeton. This approval marks a pivotal moment for the market, offering broader accessibility and potentially attracting institutional and retail investors. Spot Bitcoin ETFs, like BlackRock’s IBIT, have already demonstrated strong investor interest, with trading volumes reaching $6.36 billion. Despite the heightened sell pressure from increased retail adoption and media attention, Bitcoin’s rebound underscores its resilience and the enduring confidence in its scarcity-driven value proposition. As the market adjusts, the ETF approval signals a new wave of demand that could further strengthen Bitcoin's position in the evolving financial landscape. Market Cap: $1.92 Trillion 24-Hour Trading Volume: $123.33 Billion Circulating Supply: 19.79 Million BTC
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Bitcoin(BTC) Surpasses 99,000 USDT with a 0.43% Increase in 24 Hours
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Wallet Converts WETH To USDC At Average Price Of $3456
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BNB Drops Below 700 USDT with a Narrowed 0.65% Increase in 24 Hours
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