Midday News Update #Web3
📊 10x Research: Bitcoin could hit $120K by Trump’s January inauguration, driven by supply constraints and trading signals.
💸 El Salvador President shares $BTC holdings, showing $3.62B unrealized profit on a $2.7B investment.
🔼 Nansen: Institutional crypto adoption in 2025 to focus on $BTC lending, derivatives, and asset tokenization.
🐳 Justin Sun redeems 52,905 $ETH ($209M) from Lido, part of earlier $1.19B $ETH purchases.
🚀 Analysts: Strategic Bitcoin reserve plans and institutional demand drive $BTC to new ATH of $106,000.
