Benchmark Company analyst Mark Palmer predicts that the price of bitcoin could reach $225,000 by the end of 2026, citing a more supportive regulatory environment under the new administration, increased institutional adoption, and the upcoming halving event. Palmer notes that the appointment of a crypto czar and the potential for growth under President Trump could be a 'sea change' for the industry. He also points to historical trends, where the price of bitcoin has increased significantly after halving events in 2012, 2016, and 2020. However, Palmer cautions that bitcoin remains a volatile asset and its price is subject to market stressors.#BitcoinNews #bitcoin☀️ $BTC
do you agree the price will price will reach 225,000 ?

Bitcoin price crashes in South Korea following martial law declaration

Bitcoin’s price on South Korean exchanges plunged on Dec. 3 after President Yoon Suk Yeol declared martial law in the East Asian country.

The Bitcoin-Korean won (KRW) exchange rate plunged from 130 million KRW to 93.6 million KRW following the announcement, according to data from Upbit. This represented a nearly 30% drop. 



The BTC/KRW exchange rate experienced heavy volatility on South Korean exchanges. Source: Upbit

Yoon’s declaration of martial law came in response to “threats posed by North Korea’s communist forces,” the president said. The measures were intended to “eliminate anti-state elements.”

Yoon also cited attempts by the country’s Democratic Party to remove government officials. Democratic Party leader Lee Jae-myung and others immediately voted to block Yoon’s decree. 

“The President should immediately lift the emergency martial law following the voting by the National Assembly,” said Woo Won-sik, the National Assembly Speaker. “Now, the emergency martial law declaration is invalid.”

#bitcoinnews $BTC

#ETHOnTheRise Here are some of the latest updates on Ethereum:

1. **Ethereum Memecoin on Coinbase Roadmap**: Coinbase has added MOG Coin (MOG) to its listing roadmap MOG, an Ethereum-based memecoin, has seen an impressive 8,776% increase in value this year. It is now the 138th largest crypto project by market cap.

2. **Ethereum Holders Accumulating Hidden Meme Coin**: Ethereum holders are quietly accumulating a new hidden meme coin before it lists on exchanges. This comes amidst growing bullish narratives around Ethereum, with ETH trading just above $3,600.

3. **Ethereum ETFs Seeing Record Inflows**: Spot Ether ETFs in the United States have hit record highs in daily inflows, surpassing Bitcoin ETFs.

4. **Ethereum Layer-2 Volumes Rising**: Ethereum layer-2 volumes have risen by 70%, putting analysts' focus back on Ethereum as it competes with Solana.

5. **Potential for Ethereum ETF Approval**: Analysts are predicting the approval of a Staked ETH ETF in 2025, which could offer investors a yield and attract more investors.

6. **Ethereum Price Movements**: Ethereum is currently trading around $3,708.80, with predictions that it could rise above $4,000 soon.

It's an exciting time for Ethereum with these developments! Are you considering investing in Ethereum, or are you already a holder?