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😮 Fortune: Elon Musk’s father is going to earn $150m-$200m by releasing the memecoin «Musk It».

«An attempt to make a name for a son could potentially further worsen the already tense relationship between Errol and Elon Musk.»

@Сryptoz ₿
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#virtual
🔼 The largest Korean crypto exchange Upbit announced the listing of the Virtuals Protocol token (announcement)

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🔥 U.S. macro data (PCE):

▪️ Basic price index of personal consumption expenses (y/y) (Dec)

FACT: 2.8%
FORECAST: 2.8%
PRE.: 2.8%

▪️ Basic price index of personal consumption expenses (m/m) (Dec)

FACT: 0.2%
FORECAST: 0.2%
PRE.: 0.1%

▪️ Price index of personal consumption expenses (y/y) (Dec)

FACT: 2.6%
FORECAST: 2.6%
PREVIOUS: 2.4%

▪️ Price index of personal consumption expenses (m/m) (dec)

FACT: 0.3%
FORECAST: 0.3%
PRE.: 0.1%

@Сryptoz ₿
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🤔 #XRP SEC will approve the listing of Ripple ETF in 2025 with a probability of 82% (based on rates on Polymarket)

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#sol #pump
⛔️ Pump.Fun was sued! (Collective action)

Accusations: illegal sale of unregistered securities (tokens on the platform), on which the developers earned more than $500,000,000.

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#onchain #records
📊 CryptoQuant: Market capitalization of stablecoins is a record ($200B+).

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🔥🇨🇦 #XRP Purpose Investments has applied to launch the first spot Ripple ETF in Canada - announcement

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💸 Donald Trump’s company World Liberty Financial bought #ETH for another $10,000,000 - spotonchain

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🔥 #DOGE Grayscale has launched a new fund for investing in Dogecoin (Grayscale Dogecoin Trust) - coindesk

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#records #usdt
🤑 Tether earned a record $13,000,000,000 in 2024! (Report)

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🧐 Bitwise: Donald Trump’s trade duties will weaken the dollar and reduce the yield of U.S. government bonds, which will lead to the growth of Bitcoin.

It will also devalue world currencies, forcing people to look for alternative savings in BTC.

@Сryptoz ₿
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🤔 The probability of reducing BTC to $75,000 doubles due to the trade war caused by Donald Trump’s duties (Coindesk)

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#Calendar
⚡️ Calendar of key events for this week:

Monday, February 3:
🇨🇳 China - no bargaining (Chinese New Year)
🇪🇺 EU - Consumer inflation CPI (Man) - 13:00 (fact: 2.5%. forecast: 2.4%)
🇺🇸 USA - S&P Manufacturing PMI (San) - 17:45
🇺🇸 USA - ISM Manufacturing PMI (Jan) - 18:00

Tuesday, February 4:
❗️ USA - Number of open vacancies in the labor market JOLTS (Dec) - 18:00

Wednesday, February 5:
🇺🇸 USA - ADP Nonfarm Employment (Man) - 16:15
🇺🇸 USA - S&P Manufacturing /Composite PMI (Man) - 17:45

Thursday, February 6:
🇺🇸 USA - Initial Jobless Claims - 16:30

Friday, February 7:
🇺🇸 USA - Fed Balance Sheet - 00:30
❗️USA - Nonfarm Payrolls (jan) - 16:30
❗️USA - Unemployment rate (San) - 16:30

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#opinion
🥳 CEO of CryptoQuant: In a few months, we will probably never see BTC below $100,000 again.

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😮 Elon Musk supported the idea of transferring the U.S. Treasury to blockchain to combat fraud and corruption. (Twitter)

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🇺🇸 U.S. macro data:

▪️ Manufacturing Business Activity Index (PMI) from ISM (Jan)

FACT: 50.9
FORECAST: 49.3
PRE.: 49.2

▪️ Price index in the manufacturing sector from ISM (Jan)

FACT: 54.9
FORECAST: 52.6
PRE.: 52.5

▪️ Index of new production orders from ISM (Jan)

FACT: 55.1
PRE.: 52.1

▪️ Employment index in the manufacturing sector from ISM (Jan)

FACT: 50.3
PRE.: 45.4

@Сryptoz ₿
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#onchain #records
🐻 Santiment: Bearish moods of the crowd at peak values over the past year (based on posts on social networks).

The main reason for the collapse of the markets is the «trade war arranged by Donald Trump» (media).

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🤯 CEO Bybit: The real volume of liquidations of LONG and SHORT positions in the crypto market today probably exceeds 8-10 billion. $ (Coinglass shows a smaller amount due to API restrictions).

Only on the Bybit exchange, LONG and SHORT positions were eliminated by more than $2.1 billion (in 24 hours).

@Сryptoz ₿
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JUST IN: $100,000 Bitcoin

@Сryptoz ₿
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❌ Last week Michael Saylor DID NOT buy more Bitcoin... (announcement)

The company failed to raise funds for the purchase of BTC by selling Class A preferred shares. There are still 471.107 BTC ($44.8B) on MicroStrategy’s balance sheet.

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🤑 #TON Former head of TON Foundation invests $100,000,000 in the development of the TON ecosystem - TheBlock

A new venture fund TVM Ventures has been created.

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