Does Elon Musk want Donald Trump's place?

Faced with questions about the growing political influence of the boss of X, the president-elect assured Sunday, December 22, that his ally could not become president of the United States, because "he was not born in this country".

"He is not going to become president, I can tell you that", declared Donald Trump, at a rally in Phoenix, Arizona.

"I am calm, you know why?", he asked the crowd. "He can't be, he was not born in this country", continued the Republican about the boss of Tesla and SpaceX, born in South Africa and naturalized American.

"I like to be accompanied by intelligent people", developed Donald Trump, assuring that Elon Musk was not in the process of "recovering the presidency".

Donald Trump is responding to criticism from the Democratic camp, who have portrayed the richest man in the world as "President Musk" in recent days, given how much political space he occupies alongside the president-elect.

#ChristmasMarketAnalysis
Is the crypto market going to rebound?

Over the last few days, we have felt some turbulence in the crypto market, leading to a general decline that hit altcoins hard, rejected under many resistances.

At the end of this week, we notice a slight rebound, will it be strong enough to last and allow the market to return to the green at the end of the year? That's what we will see.

#ChristmasMarketAnalysis $BTC
Over $2.5 billion liquidated in 3 days.

The market is where supply and demand, that is, where sellers and buyers, meet. And if the Bitcoin price fell by almost 15% in a few days, it is simply because there were more sellers than buyers. Several factors can explain the presence of so many sellers.

First of all, the price of BTC had increased sharply in recent months, going from $52,600 in September to $108,200 last week, an increase of 105% in less than 4 months. After such a surge, a correction becomes inevitable: it is a sign of good market health.

This recent decline has also led to the liquidation of over $2.5 billion in futures positions over the past 5 days, marking the largest liquidation spike since the $75,000 resistance was breached.

Another factor that could explain the fall in prices across all cryptocurrencies is the recent speech by Jerome Powell, Chairman of the Federal Reserve (FED).

Although the FED lowered its key interest rates from 4.75% to 4.5%, Powell’s remarks were not particularly reassuring.

Cryptocurrencies, being risky assets, generally react poorly to periods of high or rising rates, which limit the diversification of investors who prefer to hold cash.
Only Bitcoin could stand out in such a context, thanks to its characteristics as a store of value and an anti-fragile currency. For example, its price rose from $15,500 to $31,800 when the Fed's key rates rose from 4% to 5.5%, before reaching almost $74,000 during the period when these rates were maintained at 5.5%.

Top 10 Leading Countries in Blockchain and Cryptocurrency Technology

According to Apex’s study, which evaluated countries using a composite index based on three key indicators: blockchain patents, blockchain-related jobs, and the number of cryptocurrency exchanges:

1- Singapore with over 2,400 blockchain-related jobs and 81 cryptocurrency exchanges.

2- Hong Kong with its financial infrastructure that seamlessly integrates blockchain technology. The region has over 1,100 blockchain-related jobs and many cryptocurrency exchanges.

3- Estonia with 95 blockchain patents, 149 blockchain-related jobs, and 52 cryptocurrency exchanges.

4- Switzerland, recognized for its leadership in decentralized finance, with 440 blockchain-related jobs and 32 cryptocurrency exchanges.

5- The United States with 32,000 blockchain patents, over 17,000 blockchain-related jobs, and 166 cryptocurrency exchanges.

6- Canada with over 1,200 blockchain-related jobs, 1,200 blockchain patents, and 32 cryptocurrency exchanges.

7- Australia with 1,400 blockchain patents, 573 blockchain-related jobs, and 31 cryptocurrency exchanges.

8- South Korea with 18,000 blockchain patents, 121 blockchain-related jobs, and 29 cryptocurrency exchanges.

9- The United Kingdom with 95 cryptocurrency exchanges, 2,673 blockchain-related jobs, and 2,800 blockchain patents.

10- United Arab Emirates with 340 blockchain patents, 414 blockchain-related jobs and 9 cryptocurrency exchanges.

#BTCOutlook

#BTCNextMove In 2018, the average American household could buy a home for over $260,000, which was equivalent to over 400 Bitcoins at the time. However, the current average home price has risen to over $460,000, while it takes less than 5 Bitcoins to make such a purchase.

This comparison highlights the significant appreciation in Bitcoin’s value over the years, contrasting with the rising costs of real estate in the United States. The evolution of the number of Bitcoins needed to buy an average home underscores the growing value of the cryptocurrency relative to traditional assets. Giancarlo’s remarks draw attention to the changing dynamics between digital currencies and conventional financial markets, illustrating how Bitcoin has become a more powerful financial asset in recent years.

$USUAL imagine you sell at $2 and in 2028 it will be worth $400 😂

$USUAL Together, we are bigger than BlackRock !

$BNB On December 19, 2024 at 04:16 (UTC), according to Binance Market Data, BNB has fallen below 700 USDT and is now trading at 699.82 USDT, with a reduced decline of 1.48% in 24 hours.
But a few hours later it rises back to 704 USDT which suggests a bullish wave for the next few hours.

#MarketCorrectionBuyOrHODL Data on Coinmerketcap indicates that the Cryptocurrency Fear and Greed Index has dropped to 68 today. This marks a decline from the level of 81 2 days ago, which was categorized as “extreme greed”. The current level of the index is categorized as “greed” approaching “neutral”.

The Fear and Greed Index is a tool used to measure the emotions and sentiments of the cryptocurrency market. It ranges from 0 to 100, with lower numbers indicating fear and higher numbers indicating greed.

This index is often used by investors to gauge market sentiment and make informed decisions. A high level of greed can indicate that the market is overbought, while a high level of fear can suggest that the market is oversold. The recent decline in the index may suggest a change in market sentiment, which could impact trading strategies and investment decisions.

We can do all the analyses possible and imaginable but it will always be up to the whales to make the market go up or down as they wish. Good luck to all!! 😉

#MarketNewHype Donald Trump has announced his intention to reestablish the United States as the world's leading economy. Trump has stressed that the new economic policies he plans to implement will generate significant wealth, which will be used to pay down the national debt and further reduce taxes.

#BitcoinKeyZone
Uptrend:

Sometimes, a strong sense of greed and belief invades the market in such a way that a financial bubble can form. In such a scenario, many investors become irrational, lose sight of the real value and buy an asset only because they believe that the market will continue to rise.

They become greedy and get carried away by the market dynamics, hoping to make a profit. The price rises even more, creating a local maxima. Generally, this is seen as the point of maximum financial risk.

In some cases, the market will experience a sideways movement for a while, as assets are gradually sold off. This stage is also called the "distribution stage".

However, some cycles do not have a clear distribution phase, and the downtrend begins shortly after the peak is reached.

$AVA the trap that closes 😜

#BTCReclaims101K The decision to invest in Bitcoin comes amid growing institutional interest in digital currencies. BlackRock’s recognition of Bitcoin as a potential component of its portfolio underscores the changing perception of cryptocurrencies in the financial sector. As one of the world’s largest asset managers, BlackRock’s stance could prompt other institutional investors to explore similar strategies.

$BTC Senator Brown criticized Trump for allegedly opening the government to corporate influence, saying, “He’s opening our government to the highest corporate bidder.” He emphasized the importance of the Consumer Financial Protection Bureau (CFPB) as a safeguard for ordinary Americans, urging committee members to protect it as a resource for citizens seeking defense. Brown highlighted challenges the committee could face, including issues related to algorithmic pricing, artificial intelligence, and cryptocurrencies. He noted that these risks could potentially divert money from working Americans to corporate elites.

#MajorAirdropWatch
4 valuable lessons:
1. Don’t be overconfident.
2. Diversify your portfolio.
3. Set realistic expectations.
4. Learn from your mistakes.

$ME I felt it coming and I did well to abstain 😉