BlackRock reveals the only two cryptocurrencies worth buying

BlackRock has moved from skepticism to acceptance of #cryptocurrencies . Initially hesitant, it launched a #bitcoin #ETF with SEC approval after Grayscale had a legal battle with the SEC over a similar product.
Bitcoin fund #BlackRock has achieved historic success, with assets under management (AUM) exceeding $50 billion in just 11 months. The fund's unprecedented performance has led to speculation that its AUM could surpass that of gold ETFs in the coming years, and institutional investor interest has shifted significantly away from traditional funds. Nate Geraci, CEO of ETF store
, said that if the price of bitcoin doesn't fall in 2025, the BlackRock Bitcoin Fund (IBIT) could overtake the world's largest gold ETF. He predicted that it could overtake the SPDR Gold Shares.
earlier this year, BlackRock's Robert Mitchnack said investors are showing "little interest" in other cryptocurrencies, suggesting that altcoin's growth potential remains limited.
BlackRock's cryptocurrency strategy focuses on bitcoin and Ethereum, but a broader market is developing. Companies such as Franklin Templeton and Van Eck are exploring blockchain projects such as Solana (SOL), and there is optimism that altcoins could gain momentum with future ETF approvals.
Franklin Templeton Franklin Templeton Franklin Templeton has been a strong supporter of Solana, calling it one of the most promising blockchain projects. Meanwhile, WisdomTree, Bitwise and Canary Capital have filed applications to create an XRP ETF, signaling a growing interest among institutional investors to expand their cryptocurrency offerings beyond these two giants.
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Trader warns altcoin up 9,000% in two months, ready for a pullback and updates hyper-liquidity forecast - The Daily Hodl

Altcoin trader Sherpa says one artificial intelligence (AI)-focused crypto asset presents a bullish opportunity
altcoin Sherpa believes, that ZEREBRO, which is positioned as an artificial intelligence system that creates and distributes content autonomously across multiple platforms to 236,000 subscribers on social media platform X could enter the market in the $0.40 range, he said.
After the correction, traders say ZEREBRO is "very strong" going forward.
I consider the $0.40 area to be a good entry point. At the time of writing, ZEREBRO is trading at $0.54, up 38% in the past 24 hours.
Altcoin Sherpa is also positive on decentralized perpetual #cryptocurrency exchange Hyperliquid (HYPE).
he says that those looking to take a long position in HYPE should look at the 50 level. He says they can start looking at accumulating at current prices, with potential targets above the USD level.
DCA (Dollar Cost Average) HYPE is between 30-25, and it feels good in that regard.
I am also considering keeping some dollars to buy lower if it happens, the low $20's are a gift and I will add many more if it happens,
thinks it will be $50 before this cycle ends. He thinks the price will be $ 50 before this cycle ends.
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This article in the post Swiss lawmakers lead consideration of a federal law to include bitcoin in the constitution.

Because of its volatility, there is skepticism about including #bitcoin in the constitution.
The parliament of the Swiss canton of Bern has approved a proposal to use surplus electricity to mine bitcoins.
Samuel Kurman, a member of the Swiss Federal Council, is pushing for a constitutional referendum to include bitcoin in the central bank's financial reserves. The referendum requires 100,000 signatures.
the MP is strategically promoting the topic of bitcoin in parliament and on all platforms where he has an audience. His campaign is already bearing fruit. Swiss supporters of #cryptocurrencies have put forward a proposal to oblige the Swiss National Bank (SNB) to keep part of its reserves in gold and bitcoins.
The debate about cryptocurrencies is gaining momentum in Switzerland, but many people are cool to the idea of including cryptocurrencies in the state reserves. These include. Swiss National Bank President Martin Schlegel has expressed concern, calling cryptocurrencies such as bitcoin and ether a niche phenomenon. He believes that this currency system will play an important role in the Swiss payment system.
At an event organized by the Aargauis Kantonalbank in Brugg in November, he noted that bitcoin and other virtual currencies have grown significantly in recent years. However, he noted that these currencies remain a niche phenomenon.
He has never expressed an opinion on the future of cryptocurrencies, but has raised a number of concerns, including that fluctuations in value make them difficult to use as a means of payment. There are also concerns about the amount of energy bitcoin consumes and illegal activities related to cryptocurrencies.
One netizen, @PB3g3r, believes the initiative is merely an educational or campaign tool, as the proposal will be rejected.

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Bitcoin critic Peter Schiff and his economic forecasts - ecoinimist

How to follow Peter Schiff on Twitter
Where I can listen to Peter Schiff's podcasts
Peter Schiff is making a name for himself in the financial world. He is a renowned economic forecaster. Known for his economic forecasts, he has become a prominent figure in the financial industry.
Schiff's views are often controversial. His bearish views on the US economy and his criticism of the Federal Reserve have made him a controversial figure. However, his predictions are often accurate. In particular, he foresaw the 2008 financial crisis and has earned a reputation as a reliable economic forecaster.
But who is Peter Schiff? How did he achieve his fame? And why do his economic forecasts deserve so much attention?
This article seeks to answer these questions. It examines Schiff's background, his investment philosophy, and his public persona. It also analyzes his past predictions and their accuracy.
Schiff's stance on various investment options is examined. From gold and precious metals to #cryptocurrencies such as #bitcoin , Schiff's views are often unconventional but insightful.
Schiff's influence on social media is also covered. His Twitter account and podcast are platforms for sharing economic views and communicating with the public.
Schiff's net worth is described, reflecting his success as an investor and financial commentator. It also describes his businesses, including an investment company and a gold sales company.
Finally, it answers frequently asked questions about Schiff. Whether you are an investor, a financial enthusiast, or simply interested in economic trends, you will find valuable insights in this article. It's time to understand Peter Schiff's economic predictions and their impact on the financial world.
Who is Peter Schiff?

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Sui can outperform XRP and Solana in the upcoming market cycle, expert

macro expert Raul Pal believes that as long as #XRP remains strong, #Sui (SUI) can outperform it in the long term.
Last Strategy During the session, Mr. Pal analyzed the SUI/XRP trading pair and noted that it is currently in an ascending channel.
He noted that SUI is now heading towards the upper boundary of the channel after reaching the lower range, indicating that it may soon overtake XRP.
Pal also noted a similar pattern in the SUI/Solana (SOL) pair. He noted that an inverse head-and-shoulders pattern has formed on the weekly chart of SUI/SOL, indicating that a breakout is imminent.
He noted that while #Solana remains strong and good momentum is expected, SUI is becoming a more promising asset in the near term. He noted that sui is becoming a more promising asset at the moment.
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According to InvestAnswers, this is where bitcoin and solanas will peak in the current market cycle - The Daily Hodl

Bitcoin is a special animal: everything is based on supply and demand. If demand continues, then yes, these goals are very easily achievable.
If you asked me this in 2023, I would say: "Wow, that's bullish.
Moreover, I believe that spot ETFs (exchange traded funds) will continue to add at least another $48 billion in 2025. This is the amount added in 2024.
According to analysts, cryptocurrencies should peak in the third or fourth quarter of next year, based on historical patterns.
2015-2017 will peak 518 days after the half-life, 2019-. 2021 will peak 546 days after the half-life, so if we take the average, it will be about [August-October].
#Bitcoin is trading at $94,882 at the time of writing and has seen little growth over the past 24 hours.
Turning to Solan's rival #Ethereum (ETH), cryptostrategists are sticking to conservative and
: "I have two targets, as is the case with bitcoin. The conservative target is $332 and the bullish target is $BTC Is it possible to reach $BTC Yes, it's very easy. All one has to do is really understand fundamental analysis, and one will see that this chain is pretty cheap.
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Former FTX CEO Ryan Salameh's release date pushed back a year - The Daily Hodl

former #FTX CEO Ryan Salameh's prison sentence has already been reduced by a year, according to the US Federal Bureau of Prisons
Salameh's release date is now 2031. The former FTX Digital Markets CEO was sentenced to seven and a half years in prison in October and was originally scheduled to be released around April 2032.
Salameh pleaded guilty last year to charges of conspiring to defraud the Federal Election Commission (FEC) through illegal political contributions and unauthorized financing. In May, federal District Judge Louis A. Kaplan sentenced the former executive to seven and a half years in prison, but the start of his sentence was delayed due to a legal battle over charges against the mother of his children, Michelle Bond.
FTX will be released in 2022. In November 2022, founder and CEO Sam Bunkman-Fried filed for bankruptcy after failing to manage the exchange's funds amid allegations that he lent billions of dollars from customer deposits to his trading arm Alameda Research to make high-risk #cryptocurrency bets that failed.
BREAK The multibillion-dollar exchange crash sent cryptocurrency prices plummeting, and the following month, U. S. federal authorities arrested Bankman-Fried; in March, Judge Kaplan sentenced Bankman-Fried to 25 years in prison and three years of supervised release.
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MIRA Memecoin raises millions for cancer research - Altcoin Buzz

In a matter of hours, the price of MIRA soared from one penny to eight cents. The trading volume totaled more than 85 million dollars and the number of transactions exceeded 130000, making it the most popular small #token of the day. Despite the excitement, MIRA's price eventually fell 80%, but fundraising efforts have already raised more than $1 million for brain tumor research at the University of Colorado's Hankinson Institute.
$MIRA has gained so much momentum that we've created a group on Telegram All news about MIRA and Hankinson Labs will first be posted there and then shared on X.
Chen promised to sell $1,000 worth of MIRA every 10 minutes, ensuring continued funding for the project. Although some speculators lost money, the initiative successfully accomplished its main goal of raising vital funds for #rare disease research at MIRA. At the end of the day, we set a goal of raising $200,000, but we ended up raising at least $1 million for rare disease research, Cheng said.
This unexpected success highlights Mimcoin's ability to bring communities together to achieve a goal. The company's success is a testament to its ability to bring communities together for a good cause. The #cryptocurrency market is usually considered a frivolous part of the market, but MIRA's success proves that even the most unlikely sources can make a difference.
Brazil's push for stablecoin: a push for decentralization?
Comment.
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The Tokyo-based company originally offered 24 virtual assets that could be traded on its platform, but with the acquisition of DMM Bitcoin, 14 cryptocurrencies will be added, including Tron (TRX), The Sandbox (SAND), Algorand (ALGO)

and Maker (MKR). As part of the acquisition, SBI will also take over all previous leveraged DMM trading pairs other than those it already offers. The company also clarified that open leveraged trading positions will not be transferred.
According to the notice, staking will be automatic, and #Ethereum (ETH), Avalanche (AVAX), Oasis (OAS), Flare (FLR) and Hedera (HBAR) on DMM Customers holding these assets can get staking at SBI. If they continue to hold these assets, they are expected to receive their first staking reward in April 2025.
DMM #Bitcoin announced that it has decided to cease operations after months-long efforts to recover from a multi-million dollar attack in late May failed. The platform lost more than 4,500 BTC worth about $305 million, making it the second largest cryptocurrency hack in Japan after another exchange Coincheck lost $523 million worth of NEM tokens in a 2018 incident.
The DMM hack was allegedly carried out by threat actors linked to the Democratic People's Republic of Korea (DPRK), known as TradeTraitor In July, more than $35 million stolen from the exchange was laundered through the notorious Cambodian online marketplace Huione Guarantee. During
pseudonymous detective ZachXBT compared this method of money laundering to that used by another North Korea-linked organization, the infamous Lazarus Group. DMM promised to reimburse affected customers. However, even after DMM borrowed 50 million yen to compensate its users, the damage to its operations was so severe that it decided to transfer all assets to SBI VC Trade.
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According to TradingView, bitcoin's dominance currently stands at 58.40%, just below the critical 60% level.

However, some analysts believe that the 60% level could signal a broad rotation toward other crypto assets.
On August 18, Benjamin Cowan, founder of Into The Cryptoverse, said that he believes #bitcoin will take the final steps toward 60% by the end of December at the latest. It has struggled to stay above the $100,000 mark since breaking through it. Bitcoin has been trading below $100,000 since Dec. 19, after hitting a high of $108,300 on Dec. 17.
According to Ryan Lee, chief analyst at BitGet Research, bitcoin could surpass $105,000 if liquidity returns after the Christmas holidays. The current bitcoin downtrend is a classic symptom of low liquidity during the year-end and New Year's holidays. Lee recently told Cointelegraph that market activity typically picks up again after Christmas and funds are expected to take aggressive positions in sectors that could benefit from Trump's upcoming inauguration.... Our expected trading range for #BTC this week is between $ 94,000 and $ 105,000.
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Solana-based platform Agridex has made its first deal to sell coffee online. The company says it could open the door to more cost-effective trading of agricultural products.

The deal was made by British coffee brand Tiki Tonga Coffee, which exports premium coffee from its home country to South Africa. The payment was made in South African rands and settled in British pounds using the Agridex #blockchain .
Tiki Tonga claims that the transaction fee was only 0.5%, many times less than the 5-7% typically charged for cross-border agricultural transactions. In addition, settlement was instantaneous, whereas in the previous system, transactions typically took five to 12 days to complete.
Not only did we save significantly on transaction fees, but we also eliminated the cognitive burden of managing paperwork and compliance, says Tiki Tonga founder Brad Barritt.
The AgriDex platform offers instant payment for a range of agricultural products, including livestock, wine and olive oil, and coffee. According to the company, its agricultural partners have a $4.5 billion backlog of transactions.
As Cointelegraph recently reported, the Solana-founded trading platform has raised $9 million in funding, with Citadel, Goldman Sachs and Palantir among its major backers.
asset tokenization is considered one of the leading use cases for #blockchain technology, with the agriculture industry likely to benefit most from the process of converting RWAs into digital tokens
Tokenizing
RWA connects agriculture to blockchain and tokenizes assets such as crops, land and carbon credits, and the agriculture industry is likely to benefit most from the process of converting
RWA into digital tokens. John Trask, CEO of technology company Dimitra, told Cointelegraph that moving agriculture
to blockchain will also address key challenges such as inefficiency, lack of technical support, environmental degradation and lack of transparency in the supply chain, The #blockchain platform

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Judging by recent price movements, bitcoin is approaching an important support level - the 50-day moving average. In the past, this level, which is currently around $94,000, has been crucial to the bitcoin market cycle. However, a break below this level could indicate that the current rally has lost momentum. Bulls should be wary of a decline toward the 50-day moving average.

This level is often the starting point for a reversal, but bull markets have traditionally ended when this level is broken. The rally in early 2024 could be the weakest in bitcoin's history. If the #cryptocurrency fails to hold at this level, its gains will be just 60% of its previous all-time high. For a cryptocurrency that has seen exponential growth in the past, such an outcome is quite disappointing.
Despite these concerns, the fact that #bitcoin has fallen to its 50-day EMA does not necessarily mean that the uptrend is over. A recovery above this level will boost the market's self-esteem and may even trigger a new uptrend. For the market to continue rising, bulls will be looking for a solid recovery above the psychological #threshold of $BTC Conversely, if bitcoin continues to fall below the 50-day EMA, it could test the 200-day EMA or other lower levels around $75,000. This would not only mark the end of the current bull market, but would also set a negative tone for the coming months. Compared to more traditional assets, this may seem small for bitcoin, but a 60 percent rise is still impressive.
Arman Shirinyan is a trader, crypto-enthusiast and SMM expert with over four years of experience.
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Elon Musk's artificial intelligence company xAI announced on Monday that it has raised $6 billion in a Series C funding round backed by BlackRock, Andreessen Horowitz (a16z), Fidelity, Morgan Stanley and other prominent investors.LINE According to the Financial Times, only existing xAI investors participated in the funding round, many of whom supported Musk's acquisition of company X.

The funding information was first disclosed in a filing with the U. S. Securities and Exchange Commission last week, bringing xAI's total funding to US$12 billion, after a previous round of US$6 billion completed in early 2024. The new capital will be used for research, development and infrastructure expansion of xAI's generative #AI model, Grok, the team said in a statement. Since receiving Series B funding in May 2024, #xAI has launched several key initiatives, including Colossus, which the company calls "the world's largest AI supercomputer, Grok 2 and the xAI API for developers.
the company also announced its own image generation model, Aurora, for real-time processing and
xAI is currently preparing Grok 3, which it calls "the most powerful model ever.
The company aims to compete with or surpass OpenAI's GPT-5, with a focus on improving natural language understanding, image generation, and coding tasks.
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Crypto.com has launched a cryptocurrency custody service for institutional investors in the United States as part of a broader plan to expand its presence in the country, the cryptocurrency exchange said Dec. 23

"Crypto. com Custody Trust An authorized trust named "Crypto. com Custody Trust Company" is authorized to hold the assets of U. S. institutional investors and high net worth individuals, Crypto. com said in a statement.
Crypto. com CEO Chris Marszalek said in a statement that "this move reflects our confidence in the North American market.
It also furthers Crypto. com's plan to "grow our business and presence in two of the most important and active #cryptocurrency markets in the world - the U. S. and Canada, Marszalek said. BREAK In December, U. S. President-elect Donald Trump met with Marshalek at Trump's Mar-a-Lago home to discuss cryptocurrency policy.
The same day Crypto. com withdrew its lawsuit against the U. S. Securities and Exchange Commission (SEC), saying it "will . and has expressed a willingness to work with the incoming administration on a framework.
President Trump has said he wants the U. S. to become the "cryptocurrency capital of the world" and has nominated industry-backed leaders to head key regulatory agencies when his presidency begins in January.
Crypto. com is headquartered in Singapore and began operating in the U. S. in 2022, initially only for institutional investors. The company suspended services in the country in 2023, but has since changed course.
In October, Crypto. com acquired SEC-registered broker-dealer Watchdog Capital to expand its U. S. presence.
In the U. S. , the number of digital asset custodians is growing: in September, U. S. cryptocustodian #BitGo launched a regulated platform for storing and managing native #Web3 protocol tokens; In August, CoinTelegraph reported that Fireblocks, a company known for its financial management products, received permission from the New York financial regulator to store assets of U. S. clients.
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Investors should remain bullish despite volatility, advises Tom Lee

Fundstrat's Tom Lee believes that remaining optimistic in the face of recent market declines could be more beneficial to investors than easing caution
Fundstrat's Tom Lee believes that remaining optimistic in the face of recent market declines could be more beneficial to investors than easing caution. BREAK The head of research at Fundstrat told CNBC that the recent stock market decline, including the S&P 500 falling from above 6,000 to 5,832, is an opportunity for long-term growth.
Mr. Lee said that 2024 is a sustainable year for the market, with Despite the sharp sell-off on Dec. 18, he remains confident in the fundamentals driving stocks and believes that now is a good time for investors to buy.
December 18, the volatility index ( VIX) #rose significantly, and Mr. Lee said that the VIX played a historic role in indicating a market bottom. On that day, the VIX index, which reflects expectations of future volatility, jumped 75%. On three occasions, the market recovered within a week, and on the fourth occasion, within a month.
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SEGA Square Enix and Konami join Blockchain Gaming Alliance

The new alliance will operate under the auspices of the JCBA and will be officially approved as a subcommittee.
The JCBA has subcommittees for "NFT-, "decentralized finance (DeFi)" and "stable There is a similar subcommittee for "coins.
The new subcommittee will be headed by Tomoyuki Isaka, president of Coincheck. Keisuke Hata of #Square Enix will serve as vice chairman, while representatives from Konami, Coroplast, Sega and Dorcom will serve as executive directors.
The new subcommittee will deal with "legal, accounting and tax issues.
It will also "strive to provide cross-industry guidance.
It will also "review the development of games" that "utilize" aspects of "cryptocurrency intermediation.
He will also look into legal issues related to "NFT-" and work on "case studies" to advance the agenda.
Japan is known for its strict regulation of the #cryptocurrency and gaming sectors. However, critics say a "lack of clarity in legislation, accounting and taxation" has so far prevented Japanese companies from developing blockchain-based games.
Strong partnerships? The Extended Association was founded in 2016. Since then, 155 companies have become its members. In recent years, it has also engaged in self-regulation and frequently speaks to the government on policy issues.
Konami's share price on the Tokyo Stock Exchange over the past five years.
Earlier this year, Konami announced that it would partner with #blockchain startup Avalanche on a new trading platform. The announcement was made.
Last year, SEGA also talked about blockchain and using
FT- in their games.
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After the failed launch of the HAWK coin meme, Hawk Tua girl Hallie Welch finally opened up, but was heavily berated by members of the crypto community After launching

HAWK, Welch went silent for weeks. The last time we heard from her was an audio stream on December 4, in which she tweeted that she was going to sleep.
After that, there were no social media posts, no podcasts, no tweets - nothing until Friday's X message.
I take this very seriously and want to reach out to my fans, affected investors and the community at large. I am fully cooperating with the legal team representing the victims and I am ready to help them, uncover the truth, bring the perpetrators to justice and resolve this matter.
Welch's statement came as the creator and promoter of Hawk Toa #Meme Coin On Thursday, investors filed a lawsuit against Tuah The Moon Foundation, OverHere Ltd, Clinton So and #Alex Larson Schultz, alleging that HAWK tokens were sold as unregistered securities.
The lawsuit, filed in the Eastern District of New York, alleges that Welch's misleading promotion using his internet fame led to a dramatic loss of 90% of the tokens and over $151,000 in investor losses. LINE_ BREAK However, Welch has nothing to do with the lawsuit. In a recent statement, she advised anyone who lost money on HAWK to contact the Berwick law firm, which is handling the case along with Wolf Popper.
the internet has reacted with jokes, memes, and serious complaints; even Polymarket reported that Welch is not going to tweet again until December 20. Even Polymarket launched a poll to see if Welch would tweet again before December 20th, and she got there just in time.
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The number of withdrawn bitcoins reached 65,000, BTC is approaching the 0 100,000 mark: What's next?

The withdrawal of bitcoins from the exchange amounted to 637,000 dollars. In 96 hours the number of mentions of 100 thousand bitcoins on social networks also reached a record high level.
there is not much left to the 6-digit valuation of #bitcoin [BTC], and this growth may be facilitated by a significant withdrawal of funds from the exchange.
According to a tweet by a prominent analyst, about 65,000 #BTC have been withdrawn from the reserve exchange, which is valued at $6,637,000 million.
Historically, such a large outflow of funds has meant that holders have moved their assets to cold wallets, indicating a decrease in selling pressure.
supply compression on exchanges often precedes price increases, as decreased availability contributes to price increases. For example, in the previous BTC cycle, large withdrawals from exchanges preceded significant price increases.
The sustained outflow of current funds indicates increased investor confidence in long-term price growth, especially since bitcoin reached A99k.
According to AMBCrypto's analysis of Santiment data, the number of bitcoin holders has also increased over the past 24 hours.
This comes at a time when platforms such as X, Reddit and Telegram frequently mention bitcoins worth 100k. Social media chatter about the 6-figure price of BTC has reached an all-time high.
It is worth noting that the fear of missing the mark is growing, and some traders expect the price to rise quickly above 100k.
On the other hand, mentions of lower price ranges, such as 60-779k, reflect that fears of a correction persist in the short term.
What's next for BTC?
Historically, the price of Bitcoin has risen rapidly after a period of increased withdrawals and shrinking currency reserves.
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XRP Ledger developers make changes to blockchain amid sudden XRP mania - The Daily Hodl

The developers working on #XRP #Ledger have agreed to make significant changes to XRPL following the blockchain's recent surge in popularity.
According to developer WietseWind on social network X, last month XRPL Labs reconfigured its validators and lowered fees and reserve requirements in anticipation of increased activity on the #blockchain .
There have been several threads about XRPL reserves and fees.
On behalf of XRPL Labs, I have reconfigured the validators. According to the developers, the changes are aimed at lowering the barrier for new users and include a significant reduction in the reserve requirement.
From December 2, the reserve requirement for XRPL users was reduced from 20 XRP to 1 XRP.
According to XRPL developer Veta (pseudonym), this move has freed up excess XRP for traders.
The #XRP Ledger reserve has just been lowered,
you have extra XRP in your account and you can spend it now! According to the developers, this change will make participation in the XRP Ledger ecosystem more accessible to users, thereby expanding the user base of the blockchain.
Ripple CTO David Schwartz also asked the validator to upgrade to version 2.3. 0 of rippled, the reference server for the XRP Ledger implementation.
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