3580, same as last time

It's too watery, let's cut it off

Family Public Chain

The bull market has begun

牛市来了

Countries are all reserving

Financial news, Bitcoin must be reported every day $BTC

#亚马逊股东提议比特币投资
Investment requires caution

Riding the Bull Market, Wealth Sets Sail
When dawn breaks, the horn of the bull market has already sounded.
The tides of the market are surging, opportunities sparkle like stars in the sky. However, the pullbacks have not stopped in between.
Here are a few key pieces of information that brothers need to keep an eye on:
1. On the 10th, there will be a shareholder fund meeting at Microsoft, and this meeting is very important! It will decide whether to invest in Bitcoin, and it is said that there is nearly 20 billion in capital involved, which is not a small amount. Once it enters the market, the cryptocurrency circle will definitely benefit from it.
2. Christmas is approaching, and in the past, during this critical time, the cryptocurrency market often declines. Brothers should have a baseline in mind and be prepared in advance.
3. Looking at the data, the U.S. will lower interest rates on the 18th, while Japan will raise interest rates on the 19th. The policies on both sides are completely different, so the market is bound to be “volatile,” with significant fluctuations and pinning being inevitable.
4. As the end of the year approaches, it is also common for funds to run outwards since the New Year is coming, and everyone needs money. Every year around this time, the cryptocurrency market is likely to decline.
5. There’s another significant piece of news: next year, Trump will take office and plans to include Bitcoin in the U.S. strategic reserves, which is undoubtedly very positive news.
6. You see, now the bad and good news are all mixed together, and institutions love to do this, catching everyone off guard. Moving forward, we must keep a close watch on the overall market trends, especially for friends trading contracts. When it's time to reduce positions, do it swiftly; don't let the bull market not even arrive and end up losing all your capital due to reckless operations.
#亚马逊股东提议比特币投资

Crypto Daily 1209 | Has Bitcoin Reached Its Peak? New High for Pepe! Today is December 9, 2024, let's take a look at today's major events in the crypto market!
? Is Bitcoin approaching a 'potential peak'?

CryptoQuant analyst Maartunn stated on X that since November 8, long-term holders have sold approximately 827,783 BTC, with a total value of about $82.59 billion. In contrast, the amount bought by institutions such as MicroStrategy and ETFs is only 30% of this selling volume. The analyst pointed out that the seller risk ratio and net taker flow indicate that the price of Bitcoin may have reached a 'potential peak'.

Pepe Sets New All-Time High
According to OKX market data, Pepe's price reached a new all-time high early this morning, with its market cap jumping into the top 20 cryptocurrencies, surpassing Uniswap. Meanwhile, the long-silent DeSci sector has seen a rebound, with the URO token rising by 112% in three days. The DeFi space is also showing signs of recovery, with well-known project tokens like Uniswap, Sushi, and Aave all increasing in value over the past week, attracting market attention.

On-chain Meme Craze Returns
On-chain meme trading activity has surged significantly, with data showing nearly 7,000 new meme tokens added on Solana yesterday. The Al meme sector has also seen dark horses emerge, with the token $JAIL skyrocketing 2800 times since its launch early this morning, currently reaching a market cap of $18 million. Officials stated that the JailBreakMe project behind $JAIL is an open-source decentralized application that allows organizations to test AI model vulnerabilities, and users can receive rewards for discovering bugs or performing jailbreaks.

Amazon May Establish Bitcoin Reserves
Media reports indicate that some Amazon shareholders have suggested that the company establish Bitcoin asset reserves, proposing that at least 5% of total assets be allocated for Bitcoin investment.

U.S. President Trump's Wallet
Among the leaders of major countries, Trump may be the first to place great importance on virtual currency. He has not only frequently discussed virtual currency on numerous occasions but has also actively explored reform measures that align with its development trends.

To emphasize his focus on virtual currency and the AI field, Trump specifically appointed the founder of PAYPAL to oversee related affairs, and he himself also got involved, investing $7.5 million to test the waters of virtual currency. Of course, compared to his massive personal net worth of $5.4 billion, this is merely a drop in the bucket.

However, what is intriguing is that in the virtual currency portfolio that Trump configured, Ether occupies the top position, while Bitcoin is nowhere to be found. What kind of investment considerations and strategic layouts does this imply for Trump? And will it have a special impact on the direction of the virtual currency market?

Musk is at work

Today is December 6, 2024.

1. BTC retreats, Trump has new moves? BTC pulls back, AI sector leads the rise OKX market shows that Bitcoin suddenly fell sharply after rising, falling below $90,000 in the morning, and the amplitude exceeded 9% in 1 hour. According to Bloomberg, after Bitcoin broke through $100,000, many traders began to increase the allocation of put options to avoid the risk of pullback. At the same time, the rise of Bitcoin also stimulated the demand for leveraged trading, and the funding rate was close to the historical high.
At the same time, the AI ​​sector continued to strengthen. SoSoValue data shows that in the past 24 hours, the overall increase of the AI ​​sector was close to 12%.

2. Trump appointed "AI and Crypto Tsar"
This morning, Trump announced the appointment of David Sacks as the White House Director of Artificial Intelligence and Cryptocurrency, calling him the "AI and Crypto Tsar". Sacks was an important member of the founding team of PayPal, and the venture capital firm he led has invested in many key projects in the encryption field, including Solana, dYdX and MetaMask. This news seems to have directly boosted market sentiment, with the 0x protocol token (ZRX) soaring by more than 30% in the short term.

3. BTC.Fun One-click Coin Issuance Platform Launched
The Bitcoin ecosystem has welcomed the one-click coin issuance platform BTC.Fun. At present, BTC.Fun has launched its first test token PARTY and launched the first round of airdrops, which are for holders of 20 types of Bitcoin native assets including MERL, NodeMonkes, ORDI, etc., with a total of 630 million PARTY.

4. The Financial Times issued a "reflection" apology letter
Just as Bitcoin broke through $100,000, the Financial Times column "FT Alphaville" issued a controversial apology letter. The column has long been skeptical of Bitcoin, but now it "apologizes" for readers who missed investment opportunities due to its negative reports. However, the article still insists on its criticism of Bitcoin, saying that its price is just a product of hype.

1. According to a news release from the Hong Kong Special Administrative Region Government, Hong Kong published the Stablecoin Bill in the Gazette today to introduce a regulatory system for issuers of fiat stablecoins in Hong Kong. The Bill aims to improve the regulatory framework for virtual asset activities to address the potential risks posed by fiat stablecoins to financial stability, ensure that users have adequate protection, and give full play to the benefits that virtual assets and related technologies can bring. Under the proposed licensing system, any person who conducts any of the following activities must first obtain a license from the Monetary Authority: (i) issuing fiat stablecoins in Hong Kong during the course of business; (ii) issuing fiat stablecoins that claim to be anchored to the value of the Hong Kong dollar during the course of business; (iii) actively promoting the issuance of its fiat stablecoins to the Hong Kong public. In order to effectively implement the system, the Bill also proposes to give the Monetary Authority the necessary regulatory, investigative and law enforcement powers. The Bill will be submitted to the Legislative Council for first reading on December 18.

2. Russian President Vladimir Putin announced that Russia will begin integrating its central bank digital currency (CBDC), the digital ruble, into the federal budget system starting next year, with the goal of promoting it nationwide by July 1, 2025. Putin emphasized ongoing efforts to improve corporate efficiency and stressed infrastructure construction aimed at reducing costs and simplifying operations. The move is in line with Russia's efforts to strengthen the ruble's position in international transactions. The move is part of the country's strategy to modernize its financial system and adapt to digital advancements, ensuring that the budget process is seamless and cost-effective.

3. FOX Business reporter Eleanor Terrett tweeted that the U.S. Securities and Exchange Commission (SEC) has notified at least two of the five potential issuers that it will reject their 19b4 applications for the SOL spot ETF. "As far as I know, the consensus here is that under the current government, the U.S. SEC will not accept any new crypto ETF applications."

4. Australia's national financial intelligence agency has made cryptocurrency a priority for the coming year and is setting up a new task force to crack down on cryptocurrency ATM providers that may violate anti-money laundering laws. Brendan Thomas, CEO of the Australian Transaction Reports and Analysis Centre (AUSTRAC), said in a statement on December 6

Let's post some news and take a look