The UAE’s Bitcoin holdings have reportedly reached $40 billion
The UAE is actively creating a favorable environment for the development of cryptocurrencies through initiatives such as the cryptocurrency center at the Dubai Multi Commodities Centre. These strategic measures have encouraged the thriving of local and international blockchain startups, leading to a steady increase in the country's Bitcoin reserves.
Experts predict that the UAE will continue to expand its Bitcoin holdings. The country has successfully integrated cryptocurrencies into its economy, setting a precedent for other nations, which could encourage further institutional investment and help solidify Bitcoin's position in the global financial system.
Don’t Look at Shiba Inu ($SHIB ) with Regret – A Token with 12,000% Growth Potential Is Just Around the Corner.
Despite recent declines of 27.94% over the past week and 18.23% over the past month, SHIB shows signs of potential growth. The relative strength index is at 39.03, indicating the coin is approaching oversold territory. The nearest resistance level is at $0.00003614. If SHIB breaks this level, it could rise toward the second resistance at $0.00004418, representing a significant percentage increase. The 10-day simple moving average is $0.00002043, suggesting short-term upward momentum. With altcoin season approaching, SHIB might be ready for a bullish run.
Several filings for #XRP ETFs have been made, and their potential approval before 2025 could significantly impact XRP's market performance by attracting more institutional investors. $XRP
#DOT forms a double bottom pattern, signaling a potential price rise to $9. The $6.90 support area holds key importance for Polkadot’s price direction.Bullish divergences in RSI and MACD suggest weakening bearish momentum and potential breakout.
#BTCNextMove will be insane whether it's 2025 or 2030. One day it will reach $1,000,000. I've been following BTC since $1000, and at that time, we never thought it could reach $100,000. So trust yourself, and trust in $BTC
No Source Alert 🚨: Ripple donating $5 million $XRP to Donald Trump shows me that they’re clearly already talking to him and making big plans for 2025 🚀
After the PCE data* came in below expectations, Bitcoin started to rise and the price rose above the $95,000 level. Probability is that the FED will leave interest rates unchanged in January 2025
👉The PCE index is considered by the Fed to be the most accurate measure of inflation.
*personal consumption expenditures data for November were as follows:
Core Personal Consumption Expenditure Price Index (YoY) Announced 2.8% – Expected 2.9% – Previous 2.8%
Core Personal Consumption Expenditure Price Index (Monthly) Announced 0.1%– Expected 0.2% – Previous 0.3%
Personal Consumption Expenditure Price Index (Annual) Announced 2.4% – Expected 2.5% – Previous 2.3%
Personal Consumption Expenditure Price Index (Monthly) Announced 0.1% – Expected 0.2% – Previous 0.2%
Federal Reserve Chair Jerome Powell has said the central bank does not intend to be involved in any government effort to stockpile and create a Bitcoin strategic reserve.
Powell said the Federal Reserve is not allowed to own Bitcoin and is not looking to change that.
👉 6 Major Events in Next few months you should watch before selling your #XRP
1. Trump's Inauguration 2. Gary Gensler's Departure from the SEC 3. Possible Solution to the Ripple-SEC Case 4. Start of Altcoin Season 5. Ripple’s Major Bank Partnership 6. Potential XRP ETF Approval
These events could have a significantly impact the value and market position of $XRP . My advice: dno't sell your XRP until these 6 events occur.