Countries are moving towards creating reserves of "Bitcoin" and its sisters
Ofx Strat co-founder Rashid Al-Khazai said that the expected steps from US President-elect Donald Trump to stimulate cryptocurrencies are represented by legislation concerned with reducing taxes on profits, including profits from investments in cryptocurrencies, as well as reducing taxes on importing and manufacturing mining devices.

Detailed analysis of Bitcoin
Unfortunately, the analysis of the rise to 135 thousand failed in terms of time. It should have been achieved at this time, but it did not happen.
The stability of the acquisition so far was also beyond expectations, which caused a drop of 30% to 50% in currencies, and it was beyond expectations. This is the first setback in the analysis that we have been exposed to since April 2024. There is not always one person who is right. The market is bigger than everyone else.

In a post on X, a crypto analyst suggested that Ripple’s (XRP) market cap could soon reach $1.5 trillion. How plausible is this prediction? Last Wednesday, a crypto analyst shared a post on X in which he outlined an investment thesis that Ripple’s (XRP) market cap could rise to $1.56 trillion if its dominance continues to grow in the coming months. Technical analyst Egrag Crypto, who has around 70,000 followers on X, suggested that Ripple could outperform Bitcoin (BTC) and Ethereum (ETH) in terms of gains at this stage of the bull market.

Dogecoin (DOGE), the first meme coin ever, has long been a hot topic among small investors, and now it is predicted to hit a $100 billion market cap by 2025, potentially pushing its price to $1. A recent tweet by Galaxy Research has backed this scenario, sparking a lot of debate within the crypto community. While it is only a possible scenario, DOGE’s growing adoption and iconic status within the crypto ecosystem reinforces this bullish outlook.

Michael Saylor, founder of MicroStrategy and a well-known Bitcoin advocate, has caused a stir with his bold prediction that Bitcoin will hit $13 million by 2045, confirming Bitcoin’s growing importance as a global asset. His prediction has sparked discussions about its potential to change the face of traditional finance and challenge old investment models.

Bitcoin price dropped at the end of the US session, and Bitcoin is now trading at $94,610.5, down -0.99% in the last 24 hours. The market cap is now $1.87 trillion, according to Investing. Bitcoin remains the most dominant with a market share of 56.8%, followed by Ethereum with a market share of 12.2%. It is worth noting that based on today’s closing price, Bitcoin has fallen by -2.32% in the last seven days, while the most popular altcoin, Ethereum, has also fallen by -3.08% in the last seven days.

Cryptonews - Ripple (XRP) has recently posted notable gains as Bitcoin's price has stabilized relatively, could this be the start of altcoin season? Despite Bitcoin's recent decline after hitting a new high of $108,000, Ripple (XRP) continues to provide gains for its investors. Analysts believe that the divergence in the performance of these two currencies could be an early sign of the start of the so-called altcoin season, one of the waves of the cryptocurrency bull market. Cryptocurrency prices, with the exception of BTC, usually see strong gains after the latter goes through a strong wave of increases.

Cryptonews - BONK developers are preparing to burn 1.69 trillion BONK coins after its community successfully reached its first major milestone. In late November, the developers of BONK, the popular meme coin based on the Solana blockchain, proposed burning 1 trillion coins through community contributions during an event called BURNmas, and announced last Wednesday that they had successfully passed this important milestone and intended to burn a total of 1.69 trillion BONK coins, a move that could help push its value to unprecedented levels.

The price of the largest cryptocurrency hit an all-time high of $108,000 earlier this month.
Kristin Smith, CEO of the Blockchain Association, told CNBC's Squawk Box on Thursday that people are looking to hold more Bitcoin (BTC) ahead of the new year, as US President-elect Donald Trump prepares to take office.