From December 30, the EU will introduce strict rules for crypto transfers.

If you send more than €1,000 to a non-custodial wallet, you will have to prove that it belongs to you.

This is part of a strategy to tighten control over digital assets.

Trump prepares the US for the creation of a bitcoin reserve

Analysts suggest that Donald Trump may create a strategic bitcoin reserve for the US, despite restrictions from the Federal Reserve. The presidential decree will grant the Treasury Department the right to use special funds to purchase BTC.

Republicans in Congress may enshrine this initiative at the legislative level.

$BTC

BEZOS AND SEYLORE: DISCUSSION ON PURCHASING BITCOIN FOR $600 MILLION

Michael Saylor proposed to Jeff Bezos to invest $600 million in Bitcoin.

This proposal could be a significant step for Amazon in expanding its presence in the cryptocurrency industry.

#amazon #MicroStrategy

💰 Tether starts supporting new digital assets

Tether announced the expansion of its portfolio by starting to support new digital assets, in addition to the traditional USDT. This will help the company diversify its investments and provide better liquidity for users.

#tether #USDT

BITCOIN (BTC) CROSSES $107,700 TO SET ALL-TIME HIGH AGAINST GOLD

Bitcoin rose to a new all-time high of $107,733 during early Asian trading on Monday. This happened amid a surge in trading activity. The rally pushed the BTC-to-gold ratio to a peak of 40 gold ounces per coin.

This ratio compares the price of one Bitcoin to the price of gold, expressed in ounces. It measures how much one coin is worth in relation to a certain amount of gold. This gives an idea of ​​the relative value of Bitcoin to the classic store of value.

As the ratio rises, Bitcoin becomes more valuable compared to gold. This indicates that investors are gaining confidence in Bitcoin as an asset.

$BTC

AUSTRALIAN WOMAN KIDNAPPED A MEMBER OF THE SAUDI ROYAL FAMILY TO STEAL BITCOINS

In Australia, 24-year-old Katherine Kolivas kidnapped a member of the Saudi royal family. To secure his release, she demanded $40,000 in bitcoins.

According to court documents, Kolivas and three of her accomplices found their victim through a dating app, arranging a meeting. After the encounter, the woman asked her companion to escort her home, where her accomplices were waiting.

The royal was then beaten, bound with cable ties, and threatened with having his fingers cut off with a knife.

The kidnapped individual immediately paid for his freedom with bitcoins amounting to about $40,000. The criminals also stole keys from the royal family member's home, from which they took designer clothing, a Playstation 5, and several iPhones.

Afterward, the victim was released. He immediately reported to the police and went to the hospital with injuries to his head and wrists.

Kolivas pleaded guilty to kidnapping, extortion, reckless bodily harm, theft, and possession of a weapon. She faced a maximum sentence of 25 years in prison. However, the Australian court imposed only 30 months of community service.

CARDANO (ADA) MAY FALL BELOW $1 UNDER SELLING PRESSURE

Recently, Cardano has not been doing well. Due to increased selling pressure, the altcoin may lose important support and fall below the psychologically significant level of $1.

Cardano's forecast for 2024 - expert opinions.

Recently, the activity of large holders (those who own from 0.1% to 1% of the circulating supply) of Cardano has noticeably decreased. The activity of such addresses has dropped by 142% over the past seven days. This indicates that whales are selling more tokens than they are buying.

During this period, ADA faced strong selling pressure. In such conditions, it will be difficult for the cryptocurrency to start a rally. Most likely, the price will continue to decline.

Meanwhile, the number of token holders has decreased to 4.40 million. Back in November, there were about 4.47 million. This trend indicates that market demand for Cardano is decreasing. The decline may be a consequence of many ADA holders choosing to take profits after the cryptocurrency's rise in November.

$ADA

HOW TO MAKE MONEY ON BITCOIN FOR BEGINNERS?

1. Buy Bitcoin 500 days before halving.

2. Hold and do nothing.

3. Sell 500 days after halving.

4. Repeat.

It turns out that everything is much simpler than many people think.

$BTC #BTC

LUCKY LOTTERY TICKET IN THE CRYPT

In 2022, a trader bought PEPE for $27. Today, his assets are valued at $52 million. ROI - 1.9 million times

#PEPE $PEPE

MicroStrategy has entered the elite list of Nasdaq 100

The company MicroStrategy, known for its investments in Bitcoin, has been officially added to the Nasdaq 100 index. This is an important step for the company and a confirmation of its growth and influence in the market.

#MicroStrategy

POLYMARKET PREDICTS 90% CHANCE OF MICROSTRATEGY ENTERING NASDAQ 100

If MicroStrategy enters Nasdaq 100, it will be an important step for the adoption of crypto by major traditional funds. The market may revive.

EL SALVADOR MAY CHANGE BITCOIN POLICY FOR INTERNATIONAL MONETARY FUND LOAN

A delegation from the IMF has arrived in El Salvador, which will work over the next 2-3 weeks to negotiate a loan program of about $1.3 billion in exchange for changes in the policy of adopting bitcoin as legal tender. In particular, the administration of Nayib Bukele must limit the scope of the Bitcoin Law.

To this end, it is proposed to cancel the requirement to accept bitcoin as a means of payment and make this form of payment 'voluntary.' In addition, the government of the Latin American country must stop recognizing bitcoin as legal currency and limit the use of BTC in the public sector.

The IMF has stated that if a consensus is reached, El Salvador will return to the international financial community and will also gain access to an additional $2 billion in credit from the World Bank and the Inter-American Development Bank (IDB).

President of El Salvador Nayib Bukele reported that after bitcoin surpassed the $100,000 mark, the country's profit exceeded $300 million.

$BTC

CHINA WILL INEVITABLY CREATE A STATE RESERVE IN BITCOINS

Changpeng Zhao noted that Trump has not yet taken office as president, so the task of forming a reserve in bitcoins has yet to be completed. As soon as this happens, other countries will start doing the same.

Small countries will be the first to create a state reserve in bitcoins, and this will happen gradually. Later, large countries, including China, will follow suit. Zhao noted that China's position on cryptocurrencies is more difficult to predict, given the lack of transparency on the part of the government. Currently, cryptocurrency trading and mining are prohibited in the country.

However, Zhao believes that China will inevitably have to create a state reserve in bitcoins, since this is the only “hard asset”. Moreover, this can happen without prior notice - China will announce the existence of such a reserve after the fact.

“I would be shocked if the Chinese government first announced something and only then started doing it. "I wouldn't be surprised if China first accumulates bitcoins and then announces them. The authorities can act very quickly if they want to," Zhao said.

$BTC

IRAN TO REGULATE CRYPTOCURRENCIES TO BYPASS SANCTIONS

The Iranian government intends to regulate cryptocurrencies by introducing additional rules instead of direct restrictions. This was announced by the country's Minister of Economy and Finance Abdolnasser Hemmati, local media reports.

According to the official, the authorities intend to eliminate the negative impact of crypto assets on the economy and use its positive effects.

Hemmati said that he hopes to see the use of digital currencies to increase youth employment in Iran, counter US sanctions, and align the country's activities with the global economy.

The Central Bank of Iran will become the regulatory body for cryptocurrencies. Its representatives have already announced that they will direct their policies to support crypto traders in complying with local tax and anti-money laundering laws.

According to local economists, Iranian investors currently own crypto assets worth between $30 billion and $50 billion, which is roughly equivalent to a third of the country's entire gold market.

A recent study has found that most Iranian centralized crypto exchanges are government-affiliated and involved in sanctions evasion. 

PETER SCHIFF: "BITCOIN IS PUBLIC ENEMY NUMBER ONE"

Peter Schiff has once again made critical remarks addressed to the Bitcoin community. He is sure that crypto industry participants are deeply mistaken in the idea that gold is losing its usefulness and properties as a basic reserve asset. According to Schiff, gold is the most useful metal for which there is demand and which can strengthen the country's economy, unlike Bitcoin.

The cryptocurrency skeptic believes that Bitcoin has become a real threat not even to gold, but to the United States, since the government intends to spend the population's money and direct capital to the purchase of BTC to the detriment of the real sector and productive business.

"It is one thing when individuals voluntarily spend their own money buying Bitcoin. But it goes beyond all reasonable limits when they bribe government officials so that they spend the people's money buying BTC. "Bitcoin is now public enemy number one," Schiff said.

He previously called it "deeply ironic" that such a "financially insignificant asset" as bitcoin could reach a value of $100,000.

$BTC

TRUMP PLACES A BET ON ETHEREUM

Trump has added ETH to his public wallet.