O presidente sul-coreano Yoon Seok-yue declarou lei marcial de emergência na noite de terça-feira (3 de dezembro), fazendo com que o mercado de Bitcoin na Upbit, a maior bolsa de criptografia da Coreia do Sul, flutuasse violentamente. , caindo quase 30%. Posteriormente, os preços recuperaram rapidamente e a Coreia do Sul anunciou o levantamento da lei marcial. Na quarta-feira, o Bitcoin disparou para US$ 96.000, e o presidente eleito dos EUA, Trump, anunciou que anunciaria o presidente da Comissão Reguladora de Valores Mobiliários dos EUA (SEC) ainda esta semana.
De acordo com dados da bolsa Upbit, depois que o presidente declarou a lei marcial, o Bitcoin/Won sul-coreano despencou de cerca de 130 milhões de won para 93,6 milhões de won, uma queda de 28%, e então o preço se recuperou para mais de 126 milhões de won. Yin Xiyue afirmou anteriormente que declarou a lei marcial para responder "à ameaça das forças norte-coreanas e eliminar elementos anti-nacionais".
Cryptocurrency opinion leader Ash Crypto wrote: 'Breaking news, South Korean President Yoon Suk-yeol just announced a nationwide martial law. People believe North Korea is involved, causing panic among South Koreans. On South Korea's largest exchange, Upbit, Bitcoin plummeted from $95,800 to $71,800 in minutes, a drop of 27%.'
As members of Congress urgently voted and passed the 'Lift Martial Law' with a vote of 190-0, Speaker of the National Assembly Yoo Won-seok stated, 'The president should immediately lift the emergency martial law after the congressional vote; now, the emergency martial law is invalid.'
As the 13th largest economy in the world, South Korea has several companies that may be affected by the country's political instability, including Samsung and SK Group. In addition to Upbit exchange, South Korea is also home to cryptocurrency exchanges Bithumb, Korbit, and Coinone.
Members of the South Korean opposition party 'Democratic Party' initially proposed to tax cryptocurrency capital gains starting in 2025 but announced on December 1 that the plan would be postponed for two years.
Simon Kim, CEO of Korea's largest cryptocurrency venture capital firm Hashed, revealed in a tweet on Sunday that the South Korean government may soon allow domestic coin issuance and open institutional investment in cryptocurrencies.
Well-known Fox Business journalist Eleanor Terrett disclosed on Twitter that elected President Trump would announce the candidate for SEC chairman as early as Wednesday local time.
According to data from the large cryptocurrency betting platform Kalshi, traders are betting that former SEC commissioner Paul Atkins will replace Gensler. Crypto Briefing reported that if appointed as SEC chairman, Atkins is expected to take a more balanced approach to cryptocurrency regulation.
Next week, December 10, will be a key date for Microsoft and the Bitcoin community, as shareholders of the Wall Street tech giant will vote on whether to add Bitcoin to its balance sheet.
The outcome will reveal whether shareholders are attracted by the current Bitcoin or prefer to stick with Microsoft's pragmatic and profitable technology development approach.
In the 14A document submitted to the SEC before the U.S. presidential election, Microsoft included a section titled 'Assessment of Investment in Bitcoin.' The document states that the company should consider using Bitcoin to diversify its assets as an 'excellent, if not the best, inflation hedge tool.'
However, just below the proposal in the 'Board Recommendation' section, the Microsoft board recommends that shareholders vote against it, stating that the company's management has carefully considered the topic.
To assess the potential impact on its stock, Microsoft invited MicroStrategy Chairman Michael Saylor to promote adding Bitcoin to the company's reserves.
In a 3-minute presentation containing 44 slides, Saylor went all out, claiming that Microsoft could increase its current market value of approximately $3.19 trillion by $5 trillion. He believes Microsoft should invest $100 billion in Bitcoin each year and claimed that 'buying Bitcoin makes more sense than buying back its own stock or holding bonds.'
Bitcoin Technical Analysis
Economies.com stated that the price of Bitcoin reached the first suggested negative target of $94,655, noting that the price experienced a bullish rebound, attempting to recover and re-establish the main bullish trend, driven by random positivity, forming a suggested bullish bias, initially waiting to test $97,400 and noting that breaking this level would push the price to achieve an additional increase to $100,000.
Therefore, it is expected that there will be active trading during the day, and it is noted that falling below $94,640 will hinder the anticipated rise and push the price to suffer further losses, reaching $91,855.
'The current expected trading range is between the support level of $94,400 and the resistance level of $99,000.'
'The trend forecast is bullish.'
