👉 Predicting massive adoption of cryptocurrencies, Senate leaders request meeting on the market in Brazil
The leaders of several parties in the Federal Senate filed a request for a meeting on the cryptocurrency market, predicting “massive adoption by 2030”.
👉 FTX to begin payments to creditors in March. The bankrupt exchange announced that its reorganization plan will take effect on January 3, 2025, with the first payments to be made within 60 days. For the process, FTX has partnered with Kraken and BitGo, responsible for managing the distributions in a secure and efficient manner, including payments in stablecoins. The initial distribution will be destined only to creditors in the “Convenience Classes”, while other categories will have dates announced at a later date.
👉 Renato Trezoitão predicts $600,000 for the price of Bitcoin.
In his new analysis of the behavior of the Bitcoin (BTC) market, based on past cycles and projections for the future, Trezoitão suggests that, if the cycle of institutional appreciation continues, the price of Bitcoin could reach something around $600,000.
This refers to a prediction based on previous growth patterns and the adoption of Bitcoin by large institutional investors, such as banks, investment funds and companies.
👉 Global markets are waiting for tomorrow's FOMC meeting. The market is unanimously projecting another minimum rate cut, but Powell's speech is highly anticipated.
NATO has taken over coordination of Western military aid to Ukraine, previously managed by the US, after months of delay.
▶️ The move gives the alliance a more direct role in the war against Russia, but diplomats warn that a possible reduction in US support under Donald Trump could limit the impact, as the country is Kiev's main arms supplier.
👉 Donald Trump stated that Brazil is among the countries that excessively tax American products and may face tariff retaliation under his administration.
▶️ In a speech given at Mar-a-Lago, Trump declared that "whoever taxes us, we will tax back", reinforcing his tariff policy as a means of enriching the US.
▶️ It was the first explicit mention of Brazil as a target, increasing tension in the already affected Brazilian market.
👉 U.S. retail sales beat expectations in November.
U.S. retail sales rose more than expected in November amid a pickup in auto purchases, consistent with the economy’s strong underlying momentum heading into the end of the year.
Estimates ranged from a 0.1% decline to a 1.0% jump. A resilient labor market characterized by historically low layoffs and strong wage growth is supporting consumer spending and keeping the economic expansion on track.
Strong household finances are also boosting spending, as is savings.
👉 Bitcoin price above 100 thousand does not scare away whales, who continue to buy
In onchain analyses conducted by the LookonChain profile, everything indicates that bitcoin whales remain active in buying in the market, even with the price exceeding 100 thousand dollars again.
One of the most striking cases occurred in an address of a whale that bought 1 thousand BTCs paying the average price of US$$ 96,794.00 per bitcoin.
US Bitcoin Reserve Will Be Like Oil, Says Trump – Expected to Rise to $$ 15 Trillion
Trump has confirmed his intention to create a strategic bitcoin reserve in the United States, fueling expectations of a trillion-dollar impact on the global cryptocurrency market.
The new statement came during an interview with CNBC, with Trump showing the need for the country to get ahead of international competition, especially China and Russia.
US Bitcoin Reserve Will Be Like Oil, Says Trump – Expected to Rise to $$ 15 Trillion
Trump has confirmed his intention to create a strategic bitcoin reserve in the United States, fueling expectations of a trillion-dollar impact on the global cryptocurrency market.
The new statement came during an interview with CNBC, with Trump showing the need for the country to get ahead of international competition, especially China and Russia.
👉 Bitcoin price above 100 thousand does not scare away whales, who continue to buy
In onchain analyses conducted by the LookonChain profile, everything indicates that bitcoin whales remain active in buying in the market, even with the price exceeding 100 thousand dollars again.
One of the most striking cases occurred in an address of a whale that bought 1 thousand BTCs paying the average price of US$$ 96,794.00 per bitcoin.
👉 Biggest crash in history is coming because of boomers, buy bitcoin while there is still time”, says Robert Kiyosaki
Declaring that the next big market crash could occur due to generational factors caused by the attitudes of the so-called boomers, Robert Kiyosaki once again issued a warning to his followers to buy bitcoin while there is still time.