๐ Matrixport Predicts $160K Bitcoin by 2025!
Analysts at Matrixport forecast BTC reaching $160,000 by 2025. ๐
๐ Key growth drivers:
โช๏ธInstitutional demand fueled by Bitcoin ETFs
โช๏ธFavorable macroeconomic conditions
โช๏ธGlobal central banks increasing money supply (M2)
Analysts at Matrixport forecast BTC reaching $160,000 by 2025. ๐
๐ Key growth drivers:
โช๏ธInstitutional demand fueled by Bitcoin ETFs
โช๏ธFavorable macroeconomic conditions
โช๏ธGlobal central banks increasing money supply (M2)
๐18
Ledger Wallet User Loses $2.5M to Phishing Hack ๐
๐งโ๐ป A Ledger Nano S user has reported losing 10 BTC (worth around $1M) and $1.5M in NFTs due to a phishing attack that occurred back in February 2022. The user unknowingly signed a malicious transaction nearly three years ago, which granted hackers access to their wallet. The attackers remained dormant for years before draining the funds recently. ๐ณ
๐ต๏ธโโ๏ธ Experts suggest that the user's recovery phrase might have been compromised, giving the hacker access to multiple chains, including Bitcoin. Ledger clarified that the issue wasnโt with the hardware itself but was caused by phishing and user error. ๐คท
๐ This case serves as a critical reminder to always double-check transactions, regularly review token approvals, and protect recovery phrases. While hardware wallets enhance security, understanding and cautious interaction with them are equally essential. ๐ค
๐งโ๐ป A Ledger Nano S user has reported losing 10 BTC (worth around $1M) and $1.5M in NFTs due to a phishing attack that occurred back in February 2022. The user unknowingly signed a malicious transaction nearly three years ago, which granted hackers access to their wallet. The attackers remained dormant for years before draining the funds recently. ๐ณ
๐ต๏ธโโ๏ธ Experts suggest that the user's recovery phrase might have been compromised, giving the hacker access to multiple chains, including Bitcoin. Ledger clarified that the issue wasnโt with the hardware itself but was caused by phishing and user error. ๐คท
๐ This case serves as a critical reminder to always double-check transactions, regularly review token approvals, and protect recovery phrases. While hardware wallets enhance security, understanding and cautious interaction with them are equally essential. ๐ค
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๐ VanEckโs Bold Crypto Predictions for 2025!
๐ฎ Tokenized Securities: Expected to surpass $50 billion, shifting from permissioned chains to open-source blockchains.
๐ต Stablecoins: Daily settlement volumes could hit $300 billion, transforming global payments.
๐ค AI Agents: Over 1 million autonomous digital workers to emerge, reshaping industries from finance to gaming.
โก๏ธ Bitcoin Layer-2s: Total value locked predicted to reach 100,000 BTC, driven by rapid adoption.
๐ Ethereum: Blob space fees to generate $1 billion, thanks to booming Layer-2 and tokenized assets use cases.
๐ DeFi: All-time highs with $4 trillion DEX volume and $200 billion TVL, fueled by AI and tokenized assets.
๐จ NFTs: Trading volumes to rebound to $30 billion, with projects like Pudgy Penguins leading innovation.
๐ DApp Tokens: Narrowing the performance gap with L1 tokens, boosted by innovations in AI and DePIN.
๐ฎ Tokenized Securities: Expected to surpass $50 billion, shifting from permissioned chains to open-source blockchains.
๐ต Stablecoins: Daily settlement volumes could hit $300 billion, transforming global payments.
๐ค AI Agents: Over 1 million autonomous digital workers to emerge, reshaping industries from finance to gaming.
โก๏ธ Bitcoin Layer-2s: Total value locked predicted to reach 100,000 BTC, driven by rapid adoption.
๐ Ethereum: Blob space fees to generate $1 billion, thanks to booming Layer-2 and tokenized assets use cases.
๐ DeFi: All-time highs with $4 trillion DEX volume and $200 billion TVL, fueled by AI and tokenized assets.
๐จ NFTs: Trading volumes to rebound to $30 billion, with projects like Pudgy Penguins leading innovation.
๐ DApp Tokens: Narrowing the performance gap with L1 tokens, boosted by innovations in AI and DePIN.
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๐ Bitcoin Hits a New ATH!
This morning kicks off with fantastic news: BTC has smashed through $106,600, setting a new all-time high! ๐ฅ
Now the big question isโwill the altcoin season follow? If it does, the market could heat up even more ๐ฅ.
Meanwhile, Michael Saylor from MicroStrategy is already celebrating:
๐
Stay tuned for more market updates! ๐
This morning kicks off with fantastic news: BTC has smashed through $106,600, setting a new all-time high! ๐ฅ
Now the big question isโwill the altcoin season follow? If it does, the market could heat up even more ๐ฅ.
Meanwhile, Michael Saylor from MicroStrategy is already celebrating:
I will see you on the moon. #Bitcoin
๐
Stay tuned for more market updates! ๐
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๐ The Perfect Bitcoin Strategy?
According to stats, the winning formula is simple:
โช๏ธBuy Bitcoin 500 days before the halving.
โช๏ธHODL without touching it.
โช๏ธSell 500 days after the halving.
Good newsโwe still have about 250 days to follow this plan! ๐
(Just make sure to sell your BTC by early September next year ๐คช).
Tick-tock, the clock is ticking! โณ
According to stats, the winning formula is simple:
โช๏ธBuy Bitcoin 500 days before the halving.
โช๏ธHODL without touching it.
โช๏ธSell 500 days after the halving.
Good newsโwe still have about 250 days to follow this plan! ๐
(Just make sure to sell your BTC by early September next year ๐คช).
Tick-tock, the clock is ticking! โณ
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โ ๏ธ Stealer Trojan Threatens Crypto Wallets
๐ด A dangerous Trojan code targeting Bitcoin wallets has been leaked publicly, putting many popular wallets at risk.
๐ป The macOS Stealer Trojan, once sold for 1 BTC, is now free and accessible to cybercriminals. Experts warn it could be enhanced for more sophisticated attacks.
๐ฅท It disguises itself as job offers, verification bots, or software. Once launched, it steals system data, credentials, and wallet private keys.
๐ Vulnerable wallets include: Atomic Wallet, Binance Wallet, BitKeep, Coinbase Wallet, Exodus, MetaMask, MyEtherWallet, Phantom, Trezor, Trust Wallet, and more.
๐ต๏ธ Comments in the code suggest it was developed in Russia or Eastern Europe.
๐ Stay safe! Avoid suspicious links, double-check software, and protect your keys.
๐ด A dangerous Trojan code targeting Bitcoin wallets has been leaked publicly, putting many popular wallets at risk.
๐ป The macOS Stealer Trojan, once sold for 1 BTC, is now free and accessible to cybercriminals. Experts warn it could be enhanced for more sophisticated attacks.
๐ฅท It disguises itself as job offers, verification bots, or software. Once launched, it steals system data, credentials, and wallet private keys.
๐ Vulnerable wallets include: Atomic Wallet, Binance Wallet, BitKeep, Coinbase Wallet, Exodus, MetaMask, MyEtherWallet, Phantom, Trezor, Trust Wallet, and more.
๐ต๏ธ Comments in the code suggest it was developed in Russia or Eastern Europe.
๐ Stay safe! Avoid suspicious links, double-check software, and protect your keys.
๐12๐พ1
๐ฐ Bitcoin Accumulation Continues!
โก๏ธ MicroStrategy has added 15,350 BTC to its holdings, investing ~$1.5 billion at an average price of $100,386 per BTC. As of December 15, 2024, the company owns 439,000 BTC, valued at ~$27.1 billion, with an average cost of $61,725 per BTC.
๐ธ Riot also boosted its BTC reserves, purchasing 667 BTC for $594 million at an average price of $101,135 per BTC. Riot now holds 17,429 BTC, valued at ~$1.8 billion.
The giants are betting big on Bitcoin! ๐
โก๏ธ MicroStrategy has added 15,350 BTC to its holdings, investing ~$1.5 billion at an average price of $100,386 per BTC. As of December 15, 2024, the company owns 439,000 BTC, valued at ~$27.1 billion, with an average cost of $61,725 per BTC.
๐ธ Riot also boosted its BTC reserves, purchasing 667 BTC for $594 million at an average price of $101,135 per BTC. Riot now holds 17,429 BTC, valued at ~$1.8 billion.
The giants are betting big on Bitcoin! ๐
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๐ Bitcoin Hits New ATH Against Gold! ๐ค
๐ BTC has reached its highest value ever compared to gold. Legendary trader Peter Brandt predicts even more growth, targeting 89 ounces of gold per Bitcoinโequivalent to $236k! ๐ฅ
Is Bitcoin the new gold standard? ๐ค
๐ BTC has reached its highest value ever compared to gold. Legendary trader Peter Brandt predicts even more growth, targeting 89 ounces of gold per Bitcoinโequivalent to $236k! ๐ฅ
Is Bitcoin the new gold standard? ๐ค
๐ฅ11โค1
Crypto soothsayer
๐ฐ Bitcoin Accumulation Continues! โก๏ธ MicroStrategy has added 15,350 BTC to its holdings, investing ~$1.5 billion at an average price of $100,386 per BTC. As of December 15, 2024, the company owns 439,000 BTC, valued at ~$27.1 billion, with an average costโฆ
๐ฅ Bitcoin Hits New ATH, and Corporations Canโt Get Enough!
What a day! BTC reaches a new all-time high, and corporations are doubling down.
๐ธ Semler Scientific has added 211 BTC for ~$21.5M at an average price of $101,890 per BTC.
As of December 15, 2024, the company now holds 2,084 BTC, purchased for ~$168.6M at an average price of $80,916 per BTC. ๐
What a day! BTC reaches a new all-time high, and corporations are doubling down.
๐ธ Semler Scientific has added 211 BTC for ~$21.5M at an average price of $101,890 per BTC.
As of December 15, 2024, the company now holds 2,084 BTC, purchased for ~$168.6M at an average price of $80,916 per BTC. ๐
๐ฅ7๐3โค1
Tomorrow, $RLUSD will be listed on Uphold, Bitso, MoonPay, Archax, and CoinMENA. ๐
In the coming weeks, itโs also hitting Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and more.
Rippleโs stablecoin is going global! ๐ Details here.
In the coming weeks, itโs also hitting Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and more.
Rippleโs stablecoin is going global! ๐ Details here.
๐11
Bitcoin Near ATH, Altseason Still on Hold
๐ Bitcoin is trading around $107k, just below its current all-time high (ATH) of $107,800. While BTC continues to climb and dominate the market, its dominance has also grown. ๐
๐ Traders are now watching for a pullback in Bitcoin's dominance from the resistance line. A decline in BTC's market share is often the signal for the long-awaited altseason to begin โ but itโs still nowhere in sight. ๐ง
๐ Will altcoins finally catch up?
๐ Bitcoin is trading around $107k, just below its current all-time high (ATH) of $107,800. While BTC continues to climb and dominate the market, its dominance has also grown. ๐
๐ Traders are now watching for a pullback in Bitcoin's dominance from the resistance line. A decline in BTC's market share is often the signal for the long-awaited altseason to begin โ but itโs still nowhere in sight. ๐ง
๐ Will altcoins finally catch up?
๐ฅ17๐4
MicroStrategy's Bitcoin Bet: Safe Unless an Asteroid Hits ๐๐
According to CryptoQuant's CEO,
Ki Young Ju, MicroStrategy faces bankruptcy only under extreme conditions, like an asteroid striking Earth. ๐ฅ
Why? Bitcoin has never traded below the average purchase price of long-term investors, which is currently around $30,000.
With $7B in debt and BTC holdings valued at $46B, MicroStrategyโs position remains strong. Even in a worst-case scenario, liquidation would only occur if Bitcoin falls to $16,500. ๐ค
In short: MicroStrategyโs BTC bet seems unshakable โ unless the sky falls.
According to CryptoQuant's CEO,
Ki Young Ju, MicroStrategy faces bankruptcy only under extreme conditions, like an asteroid striking Earth. ๐ฅ
Why? Bitcoin has never traded below the average purchase price of long-term investors, which is currently around $30,000.
With $7B in debt and BTC holdings valued at $46B, MicroStrategyโs position remains strong. Even in a worst-case scenario, liquidation would only occur if Bitcoin falls to $16,500. ๐ค
In short: MicroStrategyโs BTC bet seems unshakable โ unless the sky falls.
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Whales Dominate Ethereum ๐ณ
According to Santiment, 104 Ethereum whales now control 57.35% of all ETH (~$333.1B).
๐ Wallet breakdown:
โช๏ธ100-100,000 ETH: 33.46% โ a historic low for this group.
โช๏ธ<100 ETH: 9.19% โ a 4-year low.
๐ Santiment notes this as a bullish signal for ETH long-term, as large players continue accumulating the 9-year-old asset.
Big money trusts ETH. Whatโs your move? ๐
According to Santiment, 104 Ethereum whales now control 57.35% of all ETH (~$333.1B).
๐ Wallet breakdown:
โช๏ธ100-100,000 ETH: 33.46% โ a historic low for this group.
โช๏ธ<100 ETH: 9.19% โ a 4-year low.
๐ Santiment notes this as a bullish signal for ETH long-term, as large players continue accumulating the 9-year-old asset.
Big money trusts ETH. Whatโs your move? ๐
๐14
800 Arrested in Nigerian Crypto-Romance Scam ๐๐ฐ
๐ณ๐ฌ Nigeriaโs anti-graft agency raided a massive fraud hub in Lagos, arresting 792 suspects, including 148 Chinese and 40 Filipinos. The scammers targeted victims from the Americas and Europe via social media, offering fake romance and phony crypto investments.
The scheme:
1๏ธโฃ Build trust on platforms like WhatsApp and Instagram.
2๏ธโฃ Seduce victims or promise lucrative crypto schemes.
3๏ธโฃ Pressure them to transfer funds into nonexistent projects.
Authorities seized computers, phones, and vehicles and are investigating international crime connections. ๐ฅท
๐ณ๐ฌ Nigeriaโs anti-graft agency raided a massive fraud hub in Lagos, arresting 792 suspects, including 148 Chinese and 40 Filipinos. The scammers targeted victims from the Americas and Europe via social media, offering fake romance and phony crypto investments.
The scheme:
1๏ธโฃ Build trust on platforms like WhatsApp and Instagram.
2๏ธโฃ Seduce victims or promise lucrative crypto schemes.
3๏ธโฃ Pressure them to transfer funds into nonexistent projects.
Authorities seized computers, phones, and vehicles and are investigating international crime connections. ๐ฅท
๐19
Former BitMEX CEO Arthur Hayes predicts a major crypto sell-off around Trump's January 20, 2025, inauguratio. ๐ฐ๐
๐ Hayes argues that Trump's disruptive policies, aimed at rapid economic change, will create high expectations but fall short due to the complexity of the issues at hand.
๐ Key points:
โช๏ธTrumpโs reindustrialization agenda will likely involve a massive dollar devaluation, especially against gold, early in 2025.
โช๏ธThis shift could destabilize global markets, creating uncertainty in crypto and equities.
โช๏ธHayes anticipates a temporary dip in crypto prices, followed by a long-term bull market fueled by increased fiat money printing and financial repression worldwide.
๐ง His advice? Be cautious of short-term volatility but prepare for a Bitcoin and crypto resurgence as the monetary system adapts to "Trump Truth."
Is your portfolio ready for the storm? ๐ช
๐ Hayes argues that Trump's disruptive policies, aimed at rapid economic change, will create high expectations but fall short due to the complexity of the issues at hand.
๐ Key points:
โช๏ธTrumpโs reindustrialization agenda will likely involve a massive dollar devaluation, especially against gold, early in 2025.
โช๏ธThis shift could destabilize global markets, creating uncertainty in crypto and equities.
โช๏ธHayes anticipates a temporary dip in crypto prices, followed by a long-term bull market fueled by increased fiat money printing and financial repression worldwide.
๐ง His advice? Be cautious of short-term volatility but prepare for a Bitcoin and crypto resurgence as the monetary system adapts to "Trump Truth."
Is your portfolio ready for the storm? ๐ช
๐19
๐๐ป Cango Inc. Races into Bitcoin Mining as the 3rd Largest Public Miner!
Cango Inc., a Chinese automotive services company traded on the NYSE, has quietly emerged as a major player in Bitcoin mining. ๐๐ฅ
๐ฐCango purchased 32 EH/s of Antminer ASICs (~4% of the Bitcoin network hashrate) for $256M and plans to acquire 18 EH/s more by March 2025.
With 50 EH/s, Cango would rival MARA, a top Bitcoin miner, in self-mining capacity. ๐จ
The company mined 364 BTC in November, holding a stash worth $38.76M.
Cangoโs shares surged 54% this week and are up 584% YTD! ๐
Cango Inc., a Chinese automotive services company traded on the NYSE, has quietly emerged as a major player in Bitcoin mining. ๐๐ฅ
๐ฐCango purchased 32 EH/s of Antminer ASICs (~4% of the Bitcoin network hashrate) for $256M and plans to acquire 18 EH/s more by March 2025.
With 50 EH/s, Cango would rival MARA, a top Bitcoin miner, in self-mining capacity. ๐จ
The company mined 364 BTC in November, holding a stash worth $38.76M.
Cangoโs shares surged 54% this week and are up 584% YTD! ๐
๐ฅ11๐1
๐ Bullish Alert: Tether Inflows Signal Crypto Market Momentum!๐ธ
According to Santiment, an average of 40 million USDT has been flowing into exchanges daily over the past 8 weeks. ๐ฐ
What this means? ๐
This significant capital inflow indicates growing investor confidence and liquidity entering the crypto marketโa bullish signal for the days ahead! ๐
According to Santiment, an average of 40 million USDT has been flowing into exchanges daily over the past 8 weeks. ๐ฐ
What this means? ๐
This significant capital inflow indicates growing investor confidence and liquidity entering the crypto marketโa bullish signal for the days ahead! ๐
๐13
๐ก Bitcoin ETF Outpaces Gold ETF in Record Time! ๐ชโก๏ธ
๐ BlackRockโs gold ETF, IAU, took 20 years to amass $33 billion in assets under management (AUM).
๐ฅ Meanwhile, BlackRockโs Bitcoin ETF, IBIT, has already doubled that figure in less than a year!
The rise of IBIT highlights the explosive demand for Bitcoin as a mainstream investment. Is this the beginning of crypto dethroning gold as the ultimate store of value? ๐๐
๐ BlackRockโs gold ETF, IAU, took 20 years to amass $33 billion in assets under management (AUM).
๐ฅ Meanwhile, BlackRockโs Bitcoin ETF, IBIT, has already doubled that figure in less than a year!
The rise of IBIT highlights the explosive demand for Bitcoin as a mainstream investment. Is this the beginning of crypto dethroning gold as the ultimate store of value? ๐๐
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