Bitcoin is flattering, I think the correction will end at either 35-36 And the big one revolves around 29-31, so I think it’s worth buying there, let’s see what happens faster But it’s worth keeping such a plan in mind$BTC
To think: On Eth wedge and on the weekly timeframe the market is drawing us an evening star, then we can move to 1800 and there it’s worth taking a closer look at buying alts and Eth itself $ETH
✅ Recent guidance from SEC officials is that the BTC-ETF will be greenlit by January 10th - FOX.
💸 Dogecoin will be integrated into X, says the director of MyDoge Wallet.
💸 Solana Phantom wallet announced support for BTC, Ordinals and BRC-20.
🇰🇷 The head of the South Korean financial regulator will meet with Gary Gensler to discuss the state of the crypto market and the direction of supervisory policy.
💰 On Wednesday, Ark Invest sold another 149,780 shares of Coinbase ($24.2 million) as the stock hit yearly highs.
❌ Worldcoin no longer offers Orb verification in India, Brazil and France.
One piece of news today that hasn't received much coverage is changes to Black Rock's application for Bitcoin ETF. Previously, many were willing to accept Bitcoin in exchange for ETF shares (in-kind). This allowed clients wishing to enter the ETF to purchase BTC in advance to enter the ETF at a discount. In addition, transferring BTC to the Trust made it possible to avoid the Capital Gain Tax. However, the SEC has demanded that this mechanism be changed (to eliminate the possibility of tax avoidance) in order to create a fairer market environment. Black Rock introduced a change by offering "all cash". This does not mean that payment will be made in physical cash, but most likely it means there will be no other financial instruments. What does this mean? Apparently, Black Rock will be forced to purchase BTC on the open market, increasing demand and possibly raising prices. Perhaps they will also offer their own military-technical cooperation, but probably not without benefit to themselves. These changes may have an impact on the price of military-technical cooperation, and this impact will not be long in coming.
Hello, all the most important things for this morning:
🏠 The SEC has delayed consideration of Hashdex and Grayscale's ETH-ETF futures and VanEck's ETH-ETF spot applications.
📄 WisdomTree, ARK and 21Shares have updated applications for spot BTC-ETF.
☕️ For the first time in almost 2 years, the quarterly supply of stablecoins turned positive, which is historically a bullish factor for the crypto market - Binance Research.
💰 The US court approved a settlement agreement with Binance, the company must pay $2.7 billion to the CFTC.
✅ BlackRock's proposed spot BTC exchange-traded fund now has the ticker symbol: IBIT.
📈 Google search volume for the term “Solana” increased 250% from October to December, coinciding with the asset’s rise in popularity and a surge in memcoin sales.
💰 Losses from the NFT Trader hack amounted to ~$3 million. At least 13 Mutant Ape Yacht Club, 37 Bored Ape, as well as VeeFriends and World of Women were stolen.
💲 Tether says it wants to be a “world-class partner for the United States.”
☄️ NFT Flooring Protocol suspected of attack. 14 BAYC and 36 Pudgy Penguins worth $1.54 million were stolen.
🤔 The head of Ripple predicts the resolution of the Ripple/SEC lawsuit in 2024 and the US agreement with the need for crypto regulation.
⚖️ Coinbase files lawsuit against SEC after failing to transparently regulate cryptocurrencies.
🏦 FTX debtors have filed a new plan of reorganization that states that the value of claims on clients' assets will be retroactively set to the time of the collapse in November 2022.
💸The Tether stablecoin not only exchanges data with US intelligence agencies, but has also “connected the US Secret Service and the FBI to its platform.”
It is likely that US authorities now have access to data not only from the largest crypto exchange Binance, but also from the largest issuer of stablecoins.
The company previously announced that it would voluntarily freeze USDT balances held by individuals on the US Office of Foreign Assets Control (OFAC) sanctioned list.
Hello, all the most important things for this morning:
👥 SEC representatives are meeting again with spot BTC-ETF participants. On December 14, Gary Gensler's team met with BlackRock.
❌ Polygon Labs is stopping work on its Edge framework.
📄 Asset manager First Trust has filed an application with the SEC for the Bitcoin Buffer ETF.
💀 On Friday, the Arbitrum network experienced a “partial failure” amid a sharp increase in transaction traffic. It is reported that all systems are currently operational.
🐶 Santiment: BONK attracts attention similar to "2021 DOGE".
🇰🇷 Bank of Korea Governor Views CBDC Introduction as Cause of 'Urgency': Report.
BONK, after Doge and Shib, is the only meme that was listed on Coinbase. Doge's cap at its peak was $74 billion, Shib $44 billion. BONK is now 1.52 billion. Bonk is the main meme of the Solana network, if we really have a new cycle where SOL repeats the air move and goes for $500-1000, then Bonk will follow. Moreover, their marketing move with the phone and the BONK drop smartly involves retail and the Robinhood generation in the process. Moreover, I looked at the bourgeois Twitter, the narrative of keeping shields is actively spreading there, millions of dollars of PNL are being laid out with open poses that do not close. We already know what this can lead to) Therefore, if we still have a golden bull run ahead of us and the market goes up, then you understand...)
Hello, all the most important things for this morning:
🧐 SEC Chairman Gary Gensler said the agency is taking a “new look” at applications to create a spot BTC ETF following the Grayscale case.
⚡️ CEO Ledger reported that the hacking of the Javascript connector library was an “isolated incident” and the malicious code was deactivated.
👍 CoinList agrees to a $1.2 million settlement over violation of US sanctions. According to OFAC, the exchange processed transactions for users in Crimea.
📢 Binance at 11 Moscow time will list BONK, which has grown by almost 4000% in 2 months. Coinbase also listed.
🏃 Sales of Solana phones have skyrocketed as traders chase the distribution of BONK tokens, which are available to every phone owner.