$BTC Bitcoin dominates the market by more than 57% and its market value is estimated at more than 1.8 trillion 💲 and therefore its impact on the market is very large, whether positive or negative..
Markets are awaiting the NFP report, which is the US Non-Farm Payrolls Report, today at 4:30 Saudi time.
⚠️ As a general rule, if it is higher and the unemployment rate is lower than expected, the result is positive for the US dollar, otherwise the impact is negative. • Estimates indicate that the unemployment rate will stabilize at 4.2% and indicate a decrease in the number of jobs by 164 thousand new jobs compared to about 227 thousand jobs in the previous period. • This data is expected to have a significant impact on the movement of gold, currencies and stocks, so please trade and manage risks carefully, especially since it comes before the inauguration of the new presidency in America and the Federal Reserve's decision on interest rates.
Bhutan Officially Recognizes $BNB as a Strategic Reserve Asset!
The country’s newly created Special Administrative Region has announced plans to include digital assets like $BTC, $ETH, and#BNBas part of its strategic reserves. #MicroStrategyAcquiresBTC#BNBBhutanReserves #BinanceAlphaAlert
Regarding the news about On Chain Lending Surge today. On-chain lending has surged to over $20 billion in active loans, breaking the record set in December 2021! Could this increase indicate higher liquidity and drive cryptocurrencies higher?
Bhutan Adopts Bitcoin, Ethereum, and BNB as Reserve Assets Gelephu Awareness City (GMC), a Special Administrative Region (SAR) in Bhutan, has included digital assets such as Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) in its strategic reserves. The move makes the GMC one of the first jurisdictions globally to officially adopt cryptocurrencies as part of its financial strategy. Bhutan Pioneers Crypto-Based Strategic Reserve The official announcement highlighted the SAR’s commitment to economic resilience through the inclusion of digital assets. “The inclusion of digital assets in the GMC’s strategic reserves will enhance the region’s economic resilience and reflect the evolution of the jurisdiction’s involvement in Bitcoin mining,” it stated. The SAR’s strategy focuses on digital assets with large market capitalizations and deep liquidity. This will ensure that they can be easily traded with minimal price impact. Furthermore, the GMC plans to prioritize assets issued on mature and secure blockchains that allow for robust oversight