BlackRock has 500,000 bitcoins, and Fidelity is close to 200,000. American capital is slowly buying up the circulating bitcoins in the market, and if further policies come into play, we will see a situation where there are more wolves than meat, making bitcoins even more precious!
In this round of bull market, the Americans have played a big game, and the level of madness is absolutely beyond our imagination. It must be that the Americans are in control, with the whole world picking up the pieces!
The current Bitcoin price in South Korea is approximately 120 million won, around 84 thousand dollars, which is almost a ten thousand dollar premium over the market...
Just now it broke below 100 million, which is over 60 thousand dollars, it's too exaggerated...
• Altcoin explosion date in 2024: 2024/12/16 • Bull market peak date in 2025: 2025/10/06 • Bear market bottom date in 2026: 2026/10/05🚨 Currently 13 days remaining until the altcoin explosion
Bitcoin experienced significant increases in December after the halvings in 2012, 2016, and 2020. In December 2012, it rose from $12.57 to $13.45, a return of 7%. In December 2016, the return was 30.8%, and in December 2020, the return was 46.92%. The returns this month are still worth looking forward to.
Data: The US Bitcoin ETF purchased 71,570 Bitcoins in November
According to HODL15Capital statistics, the US Bitcoin ETF purchased 71,570 Bitcoins in November; in terms of dollar value, November was a record month for inflows into the US Bitcoin ETF.
Hong Kong plans to provide tax relief on cryptocurrencies for hedge funds and ultra-wealthy family offices
According to the Financial Times, Hong Kong plans to exempt private equity funds, hedge funds, and ultra-wealthy investment vehicles from taxes on cryptocurrency, private credit investments, and other asset gains.
This week, the Hong Kong government stated in a 20-page proposal that has not yet been published, that taxes are 'one of the main considerations' for asset management companies when deciding on the location of their business, and the Hong Kong government hopes to create a 'favorable environment' for them.
According to the proposal, the Hong Kong government aims to expand the scope of tax-exempt investments to include private credit, overseas real estate, and carbon emission allowances. The government is conducting a six-week consultation on the plan.
Trump's New Government Cabinet Nominees Are Complete, Over 5 Are 'Crypto Investors'
President-elect Trump has announced the nomination of Brooke Rollins for Secretary of Agriculture. With this, all cabinet nominees for Trump's new government have been confirmed, in addition to which Trump has nominated several high-level officials in the past few weeks.
From the list of the new government, in addition to well-known names in the crypto market such as Musk and Howard Lutnick, several cabinet officials are staunch supporters of cryptocurrency and have publicly disclosed their cryptocurrency holdings, including the nominated Vice President, Secretary of the Treasury, Secretary of Commerce, Secretary of Health and Human Services, and Director of National Intelligence.
Gray always hits you at critical moments, what a big fool!!
In this round of the bull market, only MicroStrategy and BlackRock are diamond hands, and they will definitely be the biggest winners.
Hua Ge believes that this round of the bull market may not have the kind of crash seen in previous bull markets, and corrections can be gradually entered, bit by bit! #btc