Dear friends in the cryptocurrency circle, you may be feeling a little confused right now, and the market fluctuations are making you uneasy, but please stay calm, a series of major positive news are on the way to help you max out your faith!
1. Trump returns to politics, and crypto is coming
On January 20, Trump will once again take the political stage. This news is like a stone thrown into the lake of the cryptocurrency circle, stirring up thousands of waves. The old man has always been open to emerging fields. After taking office, the crypto field is likely to become a key link in his policy layout. Judging from past remarks, he is very likely to release a series of remarks and policies that are beneficial to the crypto market. Whether it is the relaxation of supervision or the promotion of the application of blockchain technology, it will inject strong momentum into the cryptocurrency circle and rebuild market confidence. At present, what we have to do is to hold the chips in our hands firmly and wait for the east wind to rise and the price of the currency to rise!
2. FTX’s huge repayment signaled a rebound
FTX's 16 billion repayment plan is just around the corner. It is reported that it will be officially launched on January 6 and is expected to be repaid within 60 days. Once this astronomical amount of funds flows into the market, it will be like a shot in the arm for the cryptocurrency circle, and its chain reaction cannot be underestimated. On the one hand, the debt repayment funds will directly increase market liquidity and ease the current tight capital situation; on the other hand, it sends a strong signal to the market: the industry is self-repairing and the confidence crisis is gradually being resolved. In this way, a comprehensive rebound in the cryptocurrency circle can be expected, and it is even expected to take this opportunity to reach a new level and start a new round of bull market.
3. Ethereum staking ETF opens a new chapter of money-making
The Ethereum staking ETF is a major highlight and is expected to be launched after Trump takes office. This innovative product will deeply tap the potential of Ethereum and provide investors with a new way to participate. The launch of the staking function means that holding Ethereum is not only about waiting for the price of the currency to rise, but also about obtaining additional income through staking, which greatly increases its appeal. The market has already heard the news and moved. Before the Christmas holiday, $131 million of buying funds quietly poured in, which shows that institutional investors have long been unable to hold back and are eagerly waiting for the staking door to open. It can be foreseen that there is a high probability that staking applications will explode in January, and the value of Ethereum will be redefined. With the surge in buying, the price of the currency is just around the corner.
4. Ethereum Prague upgrade, the main uptrend is imminent
Looking back at the upgrade process of Ethereum, every transformation is a prelude to the soaring price of the currency. This Prague upgrade has also attracted much attention. According to the rules of previous years, Ethereum usually ushered in a wave of majestic main rise within three months after the upgrade. Although the upgrade time is estimated to be in January, past experience also warns us that delays often occur. However, this will not affect the arrival of the final feast. The performance optimization and application expansion brought by the technical upgrade will comprehensively enhance the competitiveness of Ethereum. Once the upgrade is implemented, a large amount of funds will follow and help Ethereum climb to the peak of price.
Friends, seeing these exciting news, don't waver before dawn. The current market adjustment is just the pain of growth and a small episode on the road to success. If the US stock market closes higher tonight and ETF funds begin to flow in, looking back on today, you will be glad that you held your ground during the decline and did not sell your stocks easily. Let us hold on to hope and go to the bright future of the cryptocurrency circle together!
$BTC
