According to CoinShares' latest report, if the United States establishes a strategic Bitcoin reserve, it will have a more profound impact on the long-term adoption of Bitcoin than the Bitcoin exchange-traded fund (ETF) set to launch in 2024. In 2024, U.S. lawmakers proposed the "Bitcoin Act," which suggests that the U.S. Treasury purchase 1 million Bitcoins over five years to establish a "strategic Bitcoin reserve." Elected President Donald Trump has expressed support for the plan, but the bill has not yet passed. CoinShares points out that the implementation of this bill would effectively enhance the credibility of Bitcoin as an asset class and reduce the resistance faced by institutional investors. The passage of the bill would grant Bitcoin recognition from the world's largest government, significantly alleviating concerns among institutional investors. Since January 2024, when U.S. regulators approved nearly ten spot Bitcoin ETFs, these funds' net assets surpassed $100 billion for the first time in November. Crypto analytics firm Steno Research estimates that Bitcoin ETFs will see an additional net inflow of $48 billion in 2025. Asset management company Sygnum Bank stated in December that the surge in institutional fund inflows could create a positive "demand shock" for Bitcoin, driving its price to soar in 2025. Blockstream co-founder and CEO Adam Back believes that the passage of the "Bitcoin Act" will further accelerate this trend, ultimately pushing Bitcoin's price above $1 million per coin. CoinShares concludes that other countries may follow the U.S. approach, leading to more assets flowing into Bitcoin in the coming years. #BTC
What can really change a person is not the behavior that happens on impulse, but the repeated behavior. Just like Charlie Munger said, find out what works and repeat it. Find out what doesn't work and avoid it. We don't need to follow new trends, we just need to repeat correctly and examine what we have done repeatedly instead of what we did on impulse. $BTC
🔸If you bought 100 BNB on January 1, 2024, for only $31,530, and then held and participated in Launchpool until December 31...... You could earn at least $86,046 (including rewards of 68,205,484,989 and appreciation of 76,735,230,052). In addition, the BNB Holder benefits and MegaDrop earnings during this period are not included! Data statistics source--Binance Angel Community!
Recently, I always feel that the web version of the square cannot switch languages. I don’t know why it always shows the English version. Even when I select Chinese in the language options, it still jumps to English. Does anyone know how to fix this?
Happy 16th birthday to Bitcoin! A legendary journey from the genesis block to a market value of 2 trillion! On January 3, 2009, on a small server in Helsinki, Finland, Satoshi Nakamoto mined Bitcoin's genesis block Block #0. From that moment on, the decentralized future began to be written! The only transaction in the block rewarded 50 BTC and also made history: "The chancellor is on the brink of a second bailout for the banking industry" (The Times, 03/Jan/2009). January 3, 2025 marks the 16th anniversary of Bitcoin's birth. In the past 16 years, Bitcoin has not only proved its value, but also allowed the world to witness its influence. At that time, Bitcoin was just a spark of hope for the new generation of cypherpunks, but now it has become a revolutionary force in the global financial order with a price of $100,000 and a market value of over $2 trillion. And I am an ordinary person who is lucky enough to catch the cusp of the trend, like riding a rocket, taking off into the solar system. As the saying goes, "A pig standing on the wind will also take off." To be frank, I am the pig standing on the wind. Although Bitcoin has been killed countless times in the past 16 years, when you look back and summarize every year, you will find that the price every year is much higher than last year. Things that are truly valuable are not afraid of being killed. Then in 2024, major financial institutions rushed to enter the market, Bitcoin ETFs came out, and a large amount of funds entered this field. I have to sigh that the true meaning of the saying that gold will always shine. Now it has entered 2025, and what every coin holder should do is to hold the pie in his hand tightly and let the wind blow more fiercely. Happy 16th birthday to Bitcoin! ! !
$USUAL has been shouting for a long time, saying that anything below 1 can be accepted in batches. Now those who accepted at 0.88 have already started making a profit. #usual
According to Odaily Planet Daily, cryptocurrency financial services company Matrixport said that Bitcoin could reach $160,000 in 2025.“This outlook is supported by continued demand for Bitcoin ETFs, favorable macroeconomic trends and expanding global liquidity pools,” said Markus Thielen, head of research at Matrixport.Bitcoin is notoriously volatile and could fall 70% to 80% from its all-time high. Thielen said the 2025 correction would be "less pronounced." "Bitcoin's growing base of bargain hunters and strong institutional support are expected to mitigate a severe correction in the cryptocurrency space," Thielen said.
Switzerland Explores Incorporating Bitcoin into Constitution, Initiates Referendum Review
On December 31, according to Bitcoin Magazine, Switzerland is considering incorporating Bitcoin into its constitutional framework, which is a significant sign of the country's financial innovation and increased acceptance of digital currencies. Recently, a federal popular initiative called 'For a Financially Strong, Sovereign, and Responsible Switzerland (Bitcoin Initiative)' has officially been published in the Federal Gazette to collect signatures. This step is the preliminary review phase before the initiative can potentially become law and marks its entry into the formal review process. The passage of this proposal could open new pathways for the legal status and practical application of Bitcoin in Switzerland, while also reflecting Switzerland's leading position in the global fintech sector.
Currently, there is not much action in the market, altcoins are in a downward trend, with no rebounds in between, and no opportunities to buy the dip. This makes it hard for us to play. I'm tired of trading altcoins and currently don't want to operate. If I play, I'll just play with Ethereum.