People have national boundaries, but love does not Contribute to society and be interesting This is the nature of memes
$APE $DIA $NEIRO#Marvin#MARVIN#DOGEsurges#BTCis going to challenge the 7W mark? #TrumpFamilyCryptoProject
LIVE
We will win
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$APE $DIA $NEIRO Marvin (7055) has not only dreams ❤, but also continuous love ❤
We have been working hard and persisting in the Marvin (7055) & 𝒑𝒖𝒑𝒑𝒊𝒆𝒔 community. In addition to dreams, the stray dog rescue plan has been ongoing. As Musk's dog-loving Marvin (7055), we have always been a community with great love and dreams. In order to respond to Vitalik's good deeds, our community mobilized members to donate to Vitalik's wallet. Currently, Marvin (7055) is the third largest holding in Vitalik's wallet. We hope to sell our tokens through Vitalik's hands for charity!
Someone mentioned the issue of Marvin (7055) transaction tax. This is not a defect of Marvin (7055) but its advantage, because half of the tax is used for marketing and charity, and the other half is used to buy back and destroy 𝒑𝒖𝒑𝒑𝒊𝒆𝒔. This also reflects Marvin (7055)'s heart of continuous development and charity, and not forgetting its original intention! Marvin7055 started from the 𝒑𝒖𝒑𝒑𝒊𝒆𝒔 community, and finally gave back to 𝒑𝒖𝒑𝒑𝒊𝒆𝒔! I believe that with the joint efforts of the entire community, both Marvin (7055) and 𝒑𝒖𝒑𝒑𝒊𝒆𝒔 will eventually get a big result😄 #Marvin #MARVIN #DOGE飙升 #BTC要挑战7W大关了吗? #特朗普家族加密项目
Three years ago, a Shiba Inu coin investment of $2,000 turned into a million dollars, and the potential list of coins for the next explosive rise has been revealed.
In the world of cryptocurrency, the myth of getting rich quickly often captivates many. Recently, the story of a Shiba Inu coin (SHIB) investor has once again confirmed this. A small investment made over three years ago has now turned into a huge fortune. This lucky investor bought 48.09 billion Shiba Inu coins for $2,625 on February 1, 2021, and after holding for about three and a half years, sold them all for $1.1 million, achieving an astonishing return of 419 times.
Shiba Inu coin was initially launched in August 2020 as an alternative to Dogecoin, quickly attracting a lot of attention. At first, many believed it was just a joke or a short-term meme coin, but over time, the market value of Shiba Inu coin has been steadily increasing.
Although many analysts believe that as the meme coin craze fades, Shiba Inu coin will eventually go to zero, it cannot be denied that Shiba Inu coin has become a continually evolving project. Just last month, the Shiba Inu coin project team raised $12 million through a token sale, which will be used for the upcoming digital asset TREAT, to provide utility and governance functions for the new Layer 3 network.
The next SHIB is likely to be #Marvin , which is also about dogs, related to Musk, has a strong community driving it, has a burning mechanism, and has relevant game development in the future. The simplest way to succeed is to follow the path taken by successful people. Its current market value is only tens of millions, with at least a hundred times potential. The answer is already laid out before you, what are you still hesitating about? #XRP解锁新趋势 #山寨季來了? #AI与GameFi市场表现 #比特币打破感恩节魔咒 $SHIB $ACT $PEPE
Dungeons & Dragons New Book Introduces 'Political Correctness', Musk Can't Tolerate It: How Much Does Hasbro Cost?
The world-renowned game IP, tabletop role-playing game 'Dungeons & Dragons' has recently fallen into a political correctness controversy. The reason is that the game company 'Hasbro' has launched an anniversary edition book that allegedly criticizes its creators and disrespects veteran players. Furthermore, the new version of the 'Player's Handbook' deliberately downplays the original settings and some story concepts, secretly mixing 'political correctness' content into the game. This news has triggered billionaire Musk's dissatisfaction, even directly asking 'How much does Hasbro cost?', seemingly intending to directly acquire Hasbro.
Grummz points out that in the preface of 'The Birth of the Original Dungeons & Dragons', it completely disrespects and even harshly criticizes the original creators of Dungeons & Dragons, including the late legendary game designer Gary Gygax. The book also contains multiple lies claiming that Dungeons & Dragons promotes slavery and discriminates against women. Grummz angrily states, 'It is intolerable for Wizards of the Coast and Hasbro to deliberately spread these lies in official publications!'
Some fans lament, 'Rest in peace, Dungeons & Dragons, the leaders and designers of Dungeons & Dragons have said their target audience is 'the awakened', and Wizards of the Coast doesn't care about Musk or other old-fashioned players' opinions.' According to Wizards of the Coast designers, Gary Gygax's works would not pass the DEI inclusivity review today because they were created by old white men.
Fan posts have also attracted Musk's attention, who simply and clearly responded with 'How much does Hasbro cost?', indicating that Musk seems to intend to acquire Hasbro. After Musk expressed his intention to buy Hasbro, not only did Hasbro's stock price rise, but it also attracted over 450,000 people to follow the issue. However, Musk has yet to take any action. Whether Musk is merely making statements or genuinely intends to acquire Hasbro remains to be seen.
#Marvin is the name of Musk's favorite pet dog token, which has accompanied him the longest and is referred to as the Mars Dog. Its market value is currently only ten million, ready to launch at any moment, targeting Floki with at least a hundredfold space, with the next small goal looking at a market value of 100 million!
Trump 'adopts' Musk? Singing and dancing to YMCA at the Thanksgiving feast, he was super awkward
Former President Trump, who is about to take office again, held a Thanksgiving party at his Florida residence on the 28th. The world’s richest man, Musk, not only dined at the same table as Trump but also sat shoulder to shoulder with him. The campaign favorite song 'Y.M.C.A.' was played on-site, and the 78-year-old Trump hummed along and clapped to the beat, while the 53-year-old Musk raised his hands high and danced the 'Trump bath dance.' The 18-year-old Byron, sitting on the other side of Trump, looked very uncomfortable. The scene went viral on social media, prompting a response from Musk himself, with many netizens jokingly claiming that Trump has adopted Musk.
As the classic disco hit 'Y.M.C.A.' from 1978 played, the atmosphere suddenly heated up. Trump nodded vigorously and clapped along, even tapping the table with his palms. When he noticed that Musk was not letting loose and enjoying the catchy campaign song, he patted Musk on the shoulder. Musk then started singing a few lines and raised his arms to dance, mimicking Trump’s signature 'bath dance' move from the campaign. Trump then turned to his son Byron and laughed heartily, while Byron appeared quite embarrassed.
In addition to the body movements of Trump and Musk blending with the song, Byron’s expression also caught the attention of netizens. One user wrote: 'Byron looks really uncomfortable. Everyone's body language at that table is strange.' Someone described: 'Byron has a face that says, 'Alright, Dad, we’ve heard this song enough already.'
Musk's dog, named after him, currently has a market value of only ten million. If it were to be compared with dogs related to Old Musk, there would be at least a hundred times the potential. Musk once referred to it as the Mars dog and it frequently appears in Old Musk's tweets. Choosing is always more important than hard work; since the answer is right in front of you, what are you hesitating for?
Will Bitcoin replicate the trend of gold in its early years?! Expert: It will break $225,000 by the end of 2026
Analyst Palmer stated that the price of Bitcoin will more than double in the coming years.
Palmer believes that first, this rebound will be driven by institutional investors. When investors and retirement funds started buying gold funds in the early 2000s, gold prices began to soar. Palmer anticipates a similar situation will occur with Bitcoin, as the Bitcoin ETF was approved for listing in the US earlier this year and more retirement funds are adding Bitcoin to their portfolios. Bitcoin's unique properties provide both a hedge function and upside potential, and as institutional investors expand their holdings of Bitcoin, it will significantly drive up Bitcoin's price.
Second, the Bitcoin halving, which occurs every four years, was implemented this April. According to past experience, the price of Bitcoin tends to rise within 14 to 16 months after halving, and the effectiveness of this supply-demand principle should not be absent this time.
Third, Trump has been dubbed the "Cryptocurrency President". Whether it is relaxing regulations or establishing a "Cryptocurrency Tsar", it is believed that these developments will create a more favorable environment for Bitcoin's growth. With Trump's administration in the White House, the US government's attitude toward Bitcoin has changed and is expected to become a driving force for increasing Bitcoin prices. According to Polymarket data, the possibility of Bitcoin reaching $100,000 by the end of this year is as high as 73%.
#Marvin is a token named after Musk's dog, which basically appears on Musk's Twitter every year. The bull market + celebrity effect will lead to a very rapid increase; the current market value is only ten million, with over 6,000 addresses steadily growing. If you haven't bought, you will regret it! #XRP解锁新趋势 #山寨季來了? #AI与GameFi市场表现 #比特币打破感恩节魔咒 $BTC $ETH $XRP
Putin signs new cryptocurrency law, deeming Bitcoin an “asset”
Russian President Vladimir Putin signed a new law on Friday (29th), officially recognizing digital currencies as assets and applying to the experimental legal framework (ELR) for cross-border trade settlement. This is Putin’s latest action after signing encryption mining regulations in August to further improve regulations for the Russian cryptocurrency industry.
It was read out several times in the State Duma (Russian parliament), approved by the Federation Council, and signed by the President. Backed by Putin, the legislation would formally create a comprehensive tax framework for Russian digital currencies.
In December 2020, Russia first proposed a preliminary bill on cryptocurrency taxation, which will be reviewed for the first time in 2021. As we reported last month, Russia’s Federal Tax Service proposed taxing miners on their unrealized gains. In addition, the Russian government has set limits for unregistered individual miners, stipulating that their monthly electricity consumption must not exceed 6,000 kilowatt hours.
Mining income is considered "in-kind income" and is taxed according to market value, allowing deduction of blockchain mining costs. By law, cryptocurrency mining and trading activities are exempt from value-added tax (VAT), and crypto transactions conducted within the ELR framework also enjoy tax exemptions. However, operators of mining facilities are required to report user information to the tax authorities. Failure to submit on time will result in a fine of 40,000 rubles (approximately NT$12,300).
Personal income tax on buying, selling or trading cryptocurrency adopts graded tax rates, with 13% applicable for income below 2.4 million rubles (approximately NT$736,000), and 15% applicable for income exceeding 2.4 million rubles (approximately NT$736,000). Enterprises’ mining profits will be taxed at a 25% corporate tax rate from 2025.
In addition, individuals or companies engaged in crypto-related activities are not allowed to enjoy the simplified tax system or agricultural tax concessions, nor are they subject to the patent system or the self-employed status tax system. The law has taken effect immediately, but some provisions have specific implementation timetables and provide transitional measures to assist adaptation. .
#MARVIN The meme coin with the most potential in this bull market. It is the token of the same name as Musk’s pet dog. It has at least a hundred times the potential to benchmark Floki. It has a strong narrative + a community that continues to be built + the focus of the copycat season and the meme season. It’s all in one breath It’s not impossible to reach tens of billions! #AI与GameFi市场表现 #比特币打破感恩节魔咒 #币安BNSOL质押PYTH #山寨币走势展望 $BTC $DOGE $PEPE
Bitcoin is rising rapidly. Can it be included in an investment portfolio? Experts suggest this
Cryptocurrency assets have been on the market for more than fifteen years, and the entire cryptocurrency market capitalization has accounted for 1% of the investable asset class. Although there are still many investors who do not believe in cryptocurrencies, after all, cryptocurrencies are still difficult to understand and evaluate. Moreover, there are currently only two mainstream cryptocurrencies, one is Bitcoin and the other is Ethereum. But more and more investors understand that it is time to take a closer look at this emerging and rapidly growing asset class.
According to a 2024 professional investor survey conducted by investment institution WisdomTree, 35.13% of respondents believe that "as a diversified asset class with low correlation" is the role that cryptocurrencies can play in investment portfolios. This is because Bitcoin’s correlation with traditional assets is indeed relatively low.
Comparing the correlation between Bitcoin and traditional assets in the past two years, the survey results can show that the correlation between Bitcoin and other assets is low.
The story line since the birth of Bitcoin is quite real, such as scarcity of output and anonymity. In addition, gold has a higher correlation with stocks and bonds than Bitcoin. Judging from the results, the diversification effect of allocating a part of Bitcoin assets is better than that of gold.
As Musk’s favorite pet dog, #Marvin appears on Musk’s Twitter at least twice a year and is very frequently photographed. The market value of Musk-related tokens is at least one billion, and as the token of the same name for Musk’s pet dog The currency still has room for growth of at least a hundred times, and the minimum goal is to benchmark floki first. #AI与GameFi市场表现 #比特币打破感恩节魔咒 #币安BNSOL质押PYTH #山寨币走势展望 $BTC $DOGE $PEPE
Bitcoin bites $97,000! CryptoQuant: Breaking $100,000 is just a "matter of time", this round looks up to $147,000
Regarding the recent fluctuations in Bitcoin, cryptocurrency analysis company CryptoQuant released a report earlier stating that the recent pullback is merely a brief setback on Bitcoin's way to breaking the $100,000 barrier, and BTC will ultimately break $100,000 and rise to higher prices.
First, according to CryptoQuant's Profit and Loss Index (P&L Index), it shows that while Bitcoin is certainly in a bull market, it is still far from the overvaluation levels seen in previous bull markets, and the market is not overheated or overbought.
Secondly, retail investors' market participation is still relatively low. According to CryptoQuant's statistics, since October, retail investors may have sold 41,000 BTC due to profit-taking behavior, but institutions or whales continued to accumulate 130,000 BTC during this period.
Finally, the proportion of new investors entering the market is still low. CryptoQuant noted that investors holding Bitcoin for less than six months only account for 50% of the market, a ratio far lower than the 80% to 90% levels during the bull markets of 2017 and 2021.
As for Bitcoin's peak valuation in this bull market, CryptoQuant analysts pointed out that Bitcoin will reach a target of at least $147,000.
#Marvin , as Musk's favorite pet dog, has an extremely high appearance rate. Dogs related to Musk have a market value of at least one billion, and Marvin currently has another hundred times growth potential. Smart money will definitely flock to it in the end, making it absolutely worth laying out in advance! #AI与GameFi市场表现 #比特币打破感恩节魔咒 #币安BNSOL质押PYTH #山寨币走势展望 $XRP $DOGE $PEPE
As the Bitcoin bull market progresses, market attention gradually shifts towards altcoins. The past few bull markets have proven that once Bitcoin's upward momentum slows, funds often flow into altcoins, triggering an 'altcoin season.' This season often brings returns of several dozen times or even hundreds of times. This year's Christmas market may be the best time for everyone to position themselves in altcoins.
Altcoin season is a period when the overall performance of altcoins surpasses that of Bitcoin, but determining whether it has truly arrived is not easy. First, we need to observe the price ratio of Ethereum (ETH) relative to Bitcoin (BTC) (ETH/BTC). During the altcoin season in 2021, ETH/BTC soared from 0.030 BTC to 0.077 BTC, indicating a strong signal of funds flowing into the altcoin market.
Expert analysis suggests that once the price of Bitcoin reaches a peak of $110,000 and begins to pull back, market funds will rapidly flow into the altcoin market. At that time, the performance of altcoins may exceed historical records, especially those projects with lower market caps and broad potential application scenarios. This situation may initially manifest in this year's Christmas market, gradually heating up in 2024, and fully erupting by 2025.
It is worth noting that the potential for altcoin price increases is closely related to investor market psychology. As more and more newcomers enter the market, the demand for low-priced coins will significantly increase, further driving up prices. When these coins enter the mainstream spotlight, they will bring tremendous wealth effects to early investors. How to position yourself in the Christmas market?
#MARVIN The token named after Musk's pet dog, which targets another pet dog, Floki, still has a hundredfold space. The only difference is that Marvin has a higher appearance rate, is mentioned more often, and is more favored by Musk. If you are also looking for potential Musk concept coins, feel free to join the construction together! #AI与GameFi市场表现 #比特币打破感恩节魔咒 #币安BNSOL质押PYTH #山寨币走势展望 $BTC $ETH $ACT
Dana: The purpose of hyping Bitcoin in the United States
In fact, Bitcoin is a tool to maintain the hegemony of the US dollar. Due to the U.S. debt crisis, a large amount of U.S. dollars were printed, and the credit of the U.S. dollar was lost. Even though the U.S. is hyping up the topic of AI to save U.S. stocks, AI3 has not found any profit margins so far. It must be the depreciation trend of the U.S. dollar, which makes people sell U.S. dollars to buy gold, resulting in the general loss of gold. appreciation.
Now the United States is speculating on Bitcoin, and Bitcoin is rising, inducing people to sell U.S. dollars in large quantities to buy Bitcoin. On the one hand, the speculation on Bitcoin has caused a lack of liquidity in the U.S. dollar, leading to a strong U.S. dollar trend. It also cooperates with tax cuts to allow overseas assets to be sold and liquidated to flow back to the United States in the form of U.S. dollars to purchase Bitcoin. And since Bitcoin is priced in US dollars. The United States wants to list Bitcoin as a reserve currency. As a result of speculating on Bitcoin, gold will depreciate and form a strong dollar trend.
On the other hand, as U.S. debt rises, excess U.S. dollars appear. As Bitcoin rises, Bitcoin can be used as a reservoir for excess U.S. dollars. To reduce U.S. dollar liquidity and prevent the U.S. dollar from depreciating and causing inflation. The rise of Bitcoin will reduce the number of people buying gold and instead buy Bitcoin, causing gold to depreciate and the US dollar to appreciate, which will also hit countries that sell US dollars to buy gold.
Preventing de-dollarization of countries in the Global South, including China, will help American Jewish capital continue to maintain dollar hegemony in the form of Bitcoin, another dollar-denominated reserve currency. This will allow us to continue to harvest the wealth of other countries with dollars and prevent excess dollars from imploding in the United States.
By leveraging the wealth effect of Bitcoin, Chinese private wealth will flow out to buy Bitcoin, thereby increasing China's wealth and hollowing out the Chinese economy. This is tantamount to the United States launching another wave of speculation on Bitcoin, using it as a tool for Chinese private wealth to flow out of China. Indirectly hitting the Chinese stock market. And crack down on gold prices to prevent China from selling dollars to buy gold and de-dollarizing it. This is the new financial war in the Trump 2.0 era.
#MARVIN Musk’s favorite dog token with the same name is backed by a community of thousands of people and a strong marketing team that continues to promote it. The current market value is only 10 million, and there is at least a hundred times the potential to benchmark Floki. If you miss it, you have to wait 4 years. #AI与GameFi市场表现 #比特币打破感恩节魔咒 #币安BNSOL质押PYTH #山寨币走势展望 $BTC $DOGE $THE
U.S. Bitcoin spot ETF expected to hit record monthly inflows
Bitcoin spot ETFs from issuers including BlackRock Inc. and Fidelity Investments have attracted $6.2 billion so far in November, data shows. The previous peak was in February this year, when ETFs were approved and attracted $6 billion in inflows throughout the month.
"We will continue to see flows into ETFs, especially during the Trump administration, which will make it easier for corporations and pension funds to own this asset," said market analyst Josh Gilbert.
Bitcoin continues to oscillate in the high end this week, with prices back around $95,400, with some smaller altcoins trading in tight ranges. Overall, Bitcoin has more than doubled this year, outpacing assets such as global stocks and gold.
In January this year, based on the 2023 court ruling, the U.S. Securities and Exchange Commission (SEC) under Gary Gensler reluctantly approved the issuance of a Bitcoin spot ETF, and then gave the green light to the Ethereum spot ETF in the middle of the year.
Gensler, who sued cryptocurrency companies multiple times while serving as SEC chairman, will resign from the SEC following Trump’s election. Trump is expected to appoint a digital asset backer as head of the agency, which could pave the way for ETFs for other tokens.
Bitcoin funds begin to overflow, and funds that have already made money will begin to look for potential altcoins, or coins with 100 times the potential of low market value. #MARVIN , as Musk’s favorite pet dog, has a very high exposure rate. Dogs related to Musk , with a market value of at least one billion, Marvin still has a hundred times room for growth. Smart money will definitely flock to it in the end, and it is definitely worth planning in advance! #AI与GameFi市场表现 #比特币打破感恩节魔咒 #币安BNSOL质押PYTH #山寨币走势展望 $BTC $DOGE $THE
There is a theory in the currency circle called the shit theory
After making money in the currency circle, there are two kinds of people
The first type: Make money, leave the market quietly, copy the successful model, and then silently accumulate wealth elsewhere!
The second type: He made money, but maybe not much. After running away, he found that the sales were gone, so he started to make some crazy remarks. In the end, he found that not only did it not fall, but it actually rose. At this time, he might sneak in and buy again. , the result is a relatively high point, and then the loop continues indefinitely
In the second case, I call it the shit theory. Why do I say that?
Because his situation is like everyone eating a big pot of fragrant rice. After eating a few bowls, he felt that there might be better food outside and left. Not only did he leave, but he insisted on eating it himself. He poops in the rice bowl, and then goes around telling others that the food here stinks and is not for humans to eat, so don’t come here. He seems very kind, but in fact he is disgusting.
As a result, after a while, I found that not only did the number of people not decrease, but the dishes were also getting richer and richer! At first, he will still go around trying to persuade others not to go, but one day you may find that he secretly cleans the poop in his bowl and then runs to eat the fragrant rice, but it doesn’t taste good no matter how he eats it. , but little did he know that it was his twisted mentality that caused this situation.
#MARVIN Musk’s favorite dog appears on Twitter every year. Which dog has been called by Lao Ma but has not taken off? What’s more, the community behind the dog, which is highly photographed, has been under construction since February and has continued to build regardless of the troughs or peaks. It has passed double-C certification and its permissions have long been discarded. The current market value is only 10 million, and there is still room for at least a hundred times more. ! #币安BNSOL质押PYTH #山寨币走势展望 #以太坊时刻到来? #市场回暖新机遇 $BTC $THE $DOGE
Bitcoin hits new highs, El Salvador, a small Central American country, sees a turn for the better
El Salvador, located in northern Central America, is the first country in the world to officially list Bitcoin as legal tender. In June 2021, President Bukele of El Salvador announced the passage of a bill to establish Bitcoin as a legal currency to attract foreign investment, reduce remittance costs, and promote financial inclusion. Since then, both the U.S. dollar and Bitcoin have become the country’s legal tender.
Many residents of El Salvador work abroad. According to the World Bank, nearly a quarter of the country's GDP comes from overseas remittances. Therefore, using Bitcoin to transfer money can save hundreds of millions of dollars in fees every year.
But Bukele's move was met with a cold reception by the World Bank and the International Monetary Fund. When El Salvador went to the World Bank seeking technology to implement the plan, it was rebuffed. The International Monetary Fund has even urged El Salvador to abandon Bitcoin as legal tender, arguing that Bitcoin poses risks to the country’s financial stability and consumer protection.
Many economists predicted that Bukele would ultimately fail in doing so. Many residents of El Salvador are also skeptical and even took to the streets to demonstrate. However, none of this stopped Bukele.
Bukele said his government ensured that Bitcoin would be convertible into U.S. dollars when traded through the establishment of a trust fund at the country's development bank. He also announced plans to build a Bitcoin city at the foot of a volcano in the southeast of the country, using geothermal energy to power Bitcoin mining.
The El Salvadoran government has also installed hundreds of ATM machines with Bitcoin exchange functions.
El Salvador has continued to accumulate Bitcoin, holding on even as the price repeatedly dropped. Bukele once announced on the X platform that starting from November 18, 2022, one Bitcoin will be purchased every day.
#MARVIN is the token of the same name as Musk’s pet dog. As long as you are involved with Musk, it is difficult not to take off. Successful cases so far include Floki, Doge, Shib, Pnut, etc... So as Musk’s favorite pet dog, Marvin’s explosive power and height in this bull market can be imagined! #币安BNSOL质押PYTH #山寨币走势展望 #BSC生态活力释放 #以太坊时刻到来? $THE $DOGE $BTC
Want to keep your wealth? Dr. Doom advises: Stay away from long-term U.S. debt and Bitcoin
As Trump is about to take office as the new U.S. president, the market expects that his measures such as raising tariffs and lowering corporate taxes may trigger an inflationary impact. Nouriel Roubini, a well-known economist known as "Dr. Doom", has already done so. Be prepared, and switch to short-term U.S. Treasury Bond ETFs as the largest holdings. He bluntly stated that long-term U.S. Treasury bonds will perform poorly, and Bitcoin is very volatile. "If you want to preserve your wealth, you should stay away from such assets."
As Trump plans to lower corporate taxes, the market is worried that the U.S. government's fiscal deficit will further expand, which will in turn cause U.S. bond yields to rise. The policy of raising tariffs may also cause further inflationary impacts. In order to avoid U.S. bond yields It is too high. It is expected that Trump will use various methods to hope that the Federal Reserve will speed up interest rate cuts. Roubini is bracing for a rise in long-term U.S. Treasury yields.
In addition, Roubini, who regards Bitcoin as the "mother of bubbles", still maintains a distance from this cryptocurrency or currency, although many investors have recently believed that Bitcoin is an alternative in an environment where inflation risks are rising. Asset preservation plan, but he emphasized, "Bitcoin is very volatile. If you want to preserve wealth instead of taking high volatility risks, then you should stay away from this type of asset."
I will always remember that in 2023, when the stock market rebounded from the bottom and then made a small correction, this expert also believed that it was overpriced and a bubble was coming. As a result, it never fell below the original low after that🤣🤣🤣
#MARVIN Musk’s favorite dog is not one of them. The market value of dogs related to Lao Ma starts at 1 billion. So what if it is Marvin, who has a very high camera exposure rate? It is very likely to be the next Pnut. The current market value is only about 10 million, and there is at least 100 times room for growth! #山寨币走势展望 #BSC生态活力释放 #以太坊时刻到来? #币安HODLerTHE $BTC $DOGE $THE
Bitcoin approaches $100,000 but hesitates; long-term holders also can't resist selling
Capital Outflow Situation According to data from cryptocurrency market maker Wintermute, there was a capital outflow of $4.38 million from the spot Bitcoin ETF on Monday, ending five consecutive days of net inflow. This outflow phenomenon has drawn widespread attention from the market, as it may suggest investors' concerns about Bitcoin's prospects.
Background of Profit-Taking James Toledano, Chief Operating Officer of the self-custody cryptocurrency wallet company Unity, stated: "Bitcoin has recently failed to break through the $100,000 mark and has slid to around $92,000, mainly because investors chose to take profits after substantial gains in the past month." This means that the rapid rise in Bitcoin over the past few weeks has satisfied many investors, prompting them to sell their holdings when the price of Bitcoin slightly retreated.
Selling Pressure from Long-Term Holders According to blockchain data, long-term holders of Bitcoin, who have held for more than 155 days, have recently seen their net holdings decrease by over 366,000 contracts each month, marking the largest selling pressure since April.
Analysis from Glassnode indicates that investors holding Bitcoin for 6 to 12 months have a cost basis of approximately $57,900, making them the main sellers. If these investors sell their holdings at the current price, they would realize close to a 60% profit, which explains their selling motivation.
A moderate consolidation period is healthy and may lay the groundwork for future price increases. The market dynamics of Bitcoin show a complex balance, with investors realizing substantial gains while also facing the risks of market volatility. With the recent pullback in Bitcoin's price and the selling pressure from long-term holders, the market outlook remains full of uncertainty. However, experts are optimistic about Bitcoin's medium to long-term prospects, believing that with market maturity and rising demand, Bitcoin still has the potential to break through the psychological barrier of $100,000.
Now there is an infinitely potential hundredfold coin, Marvin, the most favorite dog of Elon Musk, with a market value of at least $1 billion for any dog related to Old Horse. So what about Marvin, who is mentioned every year? Currently, the market value is only $10 million, which means there is still 100 times the profit potential! #Marvin #市场波动,加仓还是观望? #美国GDP数据即将公布 #币安HODLerTHE #XRP市场价格动向 $BTC $THE $ETH
Brazilian Congressman Proposes to Incorporate 'Bitcoin into National Reserves': Plans to Invest $17.7 Billion in BTC
Brazilian Congressman Eros Biondini proposed a striking bill this Monday (25th), suggesting the establishment of a fund called 'Sovereign Bitcoin Strategic Reserve' (Reserva Estratégica Soberana de Bitcoins, abbreviated as RESBit) in Brazil, aimed at enhancing the diversity of Brazil's national financial reserves.
According to the proposal, the Central Bank of Brazil will be responsible for managing the reserve and gradually acquiring Bitcoin. The bill stipulates that Brazil will gradually allocate 5% of its national foreign exchange reserves to Bitcoin.
According to data from blockchain analysis company Chainalysis, Brazil is already the tenth largest cryptocurrency market in the world. In the first nine months of 2024, Brazil's cryptocurrency inflow grew by 60.7%, surpassing the total for the entire year of 2023.
In addition to Bitcoin, the use of stablecoins in the Brazilian market has also seen significant growth. According to a report by Chainalysis, Brazil's institutional cryptocurrency activity in Latin America shows that financial institutions' interest in cryptocurrencies continues to rise, especially with the launch of Bitcoin and Ethereum ETFs. Brazil ranks ninth in the global cryptocurrency adoption index, with stablecoin trading accounting for 59.8% of the market share.
In particular, stablecoins pegged to the dollar (such as USDT) currently have a market share close to 70% in Brazilian cryptocurrency trading, indicating the important position of stablecoins in the Brazilian cryptocurrency market.
The most promising Ethereum project in this bull market, the top meme dog - 17450566236, the one most favored by Musk, appears on Twitter almost every year. If you also like tokens related to Musk's concepts, then Marvin would be your top choice, currently still in the growth stage, getting in early will definitely not disappoint you in this bull market!
Trump Raises the 'Tariff Club' Bitcoin Once Plummets Below $92,000, Over 220,000 Liquidations
Cryptocurrency saw a significant drop on the evening of the 26th, with Bitcoin once falling below $92,000, a decline of over 6% within 24 hours. Solana, XRP, Dogecoin, Cardano, and others saw declines exceeding 10%. Coinglass data shows that within 24 hours, the number of liquidations in the cryptocurrency market exceeded 220,000, with liquidation amounts approaching $700 million.
Analysts pointed out that the current round of cryptocurrency declines is partly related to profit-taking and partly related to Trump raising the 'tariff club'. Trump's threat of increased tariffs has disrupted global capital markets and led to risk-averse sentiments in cryptocurrencies.
Adrian Przelozny, CEO of cryptocurrency exchange Independent Reserve, said: 'People have been looking for an excuse to take profits. We remain very confident that the current bullish market sentiment will last until 2025.'
American billionaire and prominent cryptocurrency investor Novogratz recently stated that Bitcoin will inevitably break through the $100,000 mark, but it may then retreat as much as 20%.
Novogratz pointed out, 'There is a lot of leverage in the current system, and the leverage in the cryptocurrency community has reached its limit, so adjustments will occur. The price of Bitcoin may fall to $80,000, which will be an absolute bottom.'
If you agree that Musk's concept coins can shine brightly in this bull market, then you certainly can't miss #Marvin , which is the most favored Dogecoin by Musk. Last year, Musk even specifically celebrated his birthday with Tesla, indicating that Musk often mentions him. Moreover, its current market value is still less than ten million, and the hundredfold returns in this bull market are definitely not a fantasy!
Cryptocurrency Veteran: Bitcoin Is Still Far From a Bubble
Dan Morehead, one of the early professional investors in Bitcoin and CEO of cryptocurrency fund Pantera Capital, stated in an interview on Tuesday (the 26th) that Bitcoin's record surge may just be beginning. He mentioned that although many people hold pessimistic views, the current price level is still far from a bubble.
In a letter to investors on Tuesday, Morehead predicted that Bitcoin's ultimate price could reach $740,000, as the regulatory headwinds for this cryptocurrency that have lasted for 15 years are turning into tailwinds. He pointed out that the incoming Trump administration's increasingly positive attitude towards cryptocurrencies is one of the strong catalysts driving the price up.
It is understood that Morehead's cryptocurrency fund Pantera has generated a return of 132,118% since 2013. Additionally, he stated that his newly established venture fund Pantera Fund V is seeking to invest in some assets related to blockchain, including private tokens and special opportunities like Solana, which is locked in FTX assets.
Notably, he believes that the U.S. government's reserve holding of gold is "an incredibly absurd and crazy way to store wealth," suggesting that putting a portion of funds into Bitcoin is an excellent way to hold reserve currency, as Bitcoin is expected to rise significantly in the coming years.
The most dazzling thousand-fold coin in this bull market, the 42197305584 Musk Dogecoin, has all of Musk's Dogecoins in the billions or even tens of billions, and this token, apart from being Musk's favorite dog, has a market value of less than ten million, with a very strong community, making it very worthwhile to invest in and build together!
Bitcoin continued to decline after approaching $99,000 yesterday evening, hitting a low of around $92,601 around 6 AM this morning, a drop of $6,000 overnight, marking the most significant decline in nearly three months.
In the midst of Bitcoin's volatile downward trend, according to Coinglass data, the total amount of liquidations across the cryptocurrency network in the past 24 hours reached $529 million, with long positions liquidating $386 million predominantly, and short positions liquidating $142 million, affecting over 162,000 people.
As for Ethereum, despite significant volatility, the overall rebound has been much stronger, even breaking through $3,500 last night. As of the time of writing, it is reported at $3,446, up 3.64% in nearly 24 hours; other recently strong altcoins are also showing signs of resistance to declines.
Analysts from Wintermute stated earlier that funds are shifting from BTC to ETH. Over the weekend, Ethereum's open contracts surged, while implied volatility also rose, and the demand for call options has clearly increased, indicating a growing confidence among derivative traders.
If you also like, or think that Elon Musk-related coins have potential, then you might consider #Marvin , which is Musk's first and favorite pet dog. Last year, it was even featured on Tesla to celebrate his birthday, indicating a high chance of Marvin's appearance, and currently, its market value is less than ten million. If compared to Elon’s other pet dog Floki, it still has a hundredfold growth potential! #币安HODLerTHE #XRP市场价格动向 #比特币盘整分析 #NOT市场动态
Bitcoin fails to break through the $100,000 barrier, Trump’s ‘one remark’ triggers selling pressure
Industry insiders pointed out that Trump mentioned the Tariff 2.0 plan on Tuesday, which sparked a rise in market risk aversion and initiated profit-taking. Adrian Przelozny, CEO of cryptocurrency exchange Independent Reserve, stated that Trump’s announcement of a new tariff strategy has led to a wave of risk aversion in the cryptocurrency market, and that ‘the market needs an excuse to take profits,’ while the bullish sentiment for the cryptocurrency market is expected to continue until 2025.
In addition to Bitcoin's price correction, with Trump’s 2.0 benefits, the cryptocurrency market capitalization has surpassed $3 trillion.
On Tuesday, Trump announced plans to impose additional tariffs on Chinese imports and a 25% tariff on products from Mexico and Canada, which could disrupt the global market.
Market participants believe that Bitcoin's failure to break through $100,000 may lead traders to think that the short-term peak has been reached, prompting them to lock in profits and exit. However, this situation should be ‘temporary.’
Tony Sycamore, market analyst at IG Australia Pty, stated that the recent correction in Bitcoin's price is ‘a necessary adjustment to digest overbought signals, rather than a downward reversal or other malicious events.’ He added that the crypto market will not rise infinitely in a straight line.
If you are also looking for Musk’s concept coin, then #Marvin is definitely worth acquiring; he is Musk’s favorite pet dog, and last year a special birthday celebration was held for him at Tesla, which indicates that Marvin has a high chance of appearing, and currently has a market value of less than ten million. The key point is that there is a dedicated community behind it continuously pushing things in the right direction! #Marvin7055 #MARVIN #ETH市场新动向 #比特币盘整分析 $BTC $ETH $SOL