๐ฅ Bitcoin vs Ethereum: ETF Flows Shift
Last week saw a $387.5M outflow from spot Bitcoin ETFs, while Ethereum ETFs experienced a $349.2M inflow. ๐ธ
Is investor focus shifting from BTC to ETH? The numbers hint at a growing interest in Ethereum as money moves between the two giants. ๐
Last week saw a $387.5M outflow from spot Bitcoin ETFs, while Ethereum ETFs experienced a $349.2M inflow. ๐ธ
Is investor focus shifting from BTC to ETH? The numbers hint at a growing interest in Ethereum as money moves between the two giants. ๐
๐11
Debt Ceiling Drama: Signal for a Bitcoin Bottom? ๐ค
โณ The U.S. national debt is expected to hit its ceiling between Jan. 14 and Jan. 23, just before President-elect Trumpโs inauguration on Jan. 20. Treasury Secretary Janet Yellen has urged Congress to act, but political and economic uncertainty is mounting.
Historically, raising the debt ceiling has been bearish for Bitcoin, with the largest cryptocurrency dropping on five prior occasions following similar events. BTC is also tracking previous cycles closely, suggesting a potential drawdown is looming. ๐
Could Trumpโs inauguration signal the cycle bottom for Bitcoin? ๐๐
โณ The U.S. national debt is expected to hit its ceiling between Jan. 14 and Jan. 23, just before President-elect Trumpโs inauguration on Jan. 20. Treasury Secretary Janet Yellen has urged Congress to act, but political and economic uncertainty is mounting.
Historically, raising the debt ceiling has been bearish for Bitcoin, with the largest cryptocurrency dropping on five prior occasions following similar events. BTC is also tracking previous cycles closely, suggesting a potential drawdown is looming. ๐
Could Trumpโs inauguration signal the cycle bottom for Bitcoin? ๐๐
๐15
๐ Bitcoin Dips Below $92K
Last night, Bitcoin briefly dropped below $92K, leading to liquidations totaling $293M, with $205M from long positions.
As of now, BTC has rebounded slightly and is trading around $94K. Volatility continues to present "discounts" for those eyeing the market! ๐ฐ
Last night, Bitcoin briefly dropped below $92K, leading to liquidations totaling $293M, with $205M from long positions.
As of now, BTC has rebounded slightly and is trading around $94K. Volatility continues to present "discounts" for those eyeing the market! ๐ฐ
๐ฅ9โค4๐2
๐จ US Treasury Breached by Chinese-Backed Hackers !
๐ฅท A Chinese state-sponsored hacker infiltrated the US Treasury Department via a third-party software provider, BeyondTrust. The breach, labeled a "major cybersecurity incident," granted access to Treasury workstations and unclassified documents. ๐ค
๐ฐ Treasury says the compromised service is offline, and there's no evidence of ongoing access. The breach is part of broader alleged Chinese cyber-espionage targeting US telecoms and critical systems, including sensitive political communications.
The incident underscores escalating cyber tensions between the US and China. ๐
๐ฅท A Chinese state-sponsored hacker infiltrated the US Treasury Department via a third-party software provider, BeyondTrust. The breach, labeled a "major cybersecurity incident," granted access to Treasury workstations and unclassified documents. ๐ค
๐ฐ Treasury says the compromised service is offline, and there's no evidence of ongoing access. The breach is part of broader alleged Chinese cyber-espionage targeting US telecoms and critical systems, including sensitive political communications.
The incident underscores escalating cyber tensions between the US and China. ๐
๐7๐ค1
๐ Top Blockchains for Stablecoin Transfers in 2024
Solana, Ethereum, and Tron lead the pack in stablecoin transaction volumes:
โช๏ธSolana: $10.5T
โช๏ธEthereum: $7.8T
โช๏ธTron: $5.4T
Other notable blockchains in the top 10 include Base, BNB Chain, Arbitrum, Polygon, Avalanche, Optimism, and TON.
The stablecoin ecosystem continues to expand, with these networks driving the majority of the global transfer volume! ๐๐ธ
Solana, Ethereum, and Tron lead the pack in stablecoin transaction volumes:
โช๏ธSolana: $10.5T
โช๏ธEthereum: $7.8T
โช๏ธTron: $5.4T
Other notable blockchains in the top 10 include Base, BNB Chain, Arbitrum, Polygon, Avalanche, Optimism, and TON.
The stablecoin ecosystem continues to expand, with these networks driving the majority of the global transfer volume! ๐๐ธ
๐12
Binance Hits Record Stablecoin Reserves! ๐ฐ
Binanceโs stablecoin reserves have soared to an all-time high of $31B, up from just $7B in June 2023. ๐
This massive increase often signals heightened buying power and potential market activity ahead. Eyes on the charts! ๐๐ธ
Binanceโs stablecoin reserves have soared to an all-time high of $31B, up from just $7B in June 2023. ๐
This massive increase often signals heightened buying power and potential market activity ahead. Eyes on the charts! ๐๐ธ
๐13
๐ Not-So-Merry Christmas for One "Lucky" Traderโฆ
Someone accidentally sold 5 NFTs from the Pudgy Penguins collection for just $175. The current value of these NFTs? A whopping ~$116,000! ๐ง๐ธ
Moral of the story: double-check your listings, especially during the holidays! ๐คท
Someone accidentally sold 5 NFTs from the Pudgy Penguins collection for just $175. The current value of these NFTs? A whopping ~$116,000! ๐ง๐ธ
Moral of the story: double-check your listings, especially during the holidays! ๐คท
๐คฏ9๐5
๐ Bitcoin Predictions for 2025
๐น Nexo: BTC might climb to $250,000, with the crypto market cap surpassing gold in the next decade.
๐น Galaxy Digital: BTC to reach $185,000 by Q4 2025.
๐น Matrixport: BTC could hit $160,000.
๐น Bit Mining: BTC may rise to $180,000โ$190,000 but could correct to $80,000.
๐น CoinShares: BTC will fluctuate between $80,000โ$150,000.
๐น Maple Finance: BTC projected to trade between $180,000โ$200,000 by year-end.
๐น Standard Chartered: A 2x surge expected as pension funds invest in spot ETFs and MicroStrategy continues buying.
Big numbers aheadโwill 2025 be Bitcoin's golden year? ๐
๐น Nexo: BTC might climb to $250,000, with the crypto market cap surpassing gold in the next decade.
๐น Galaxy Digital: BTC to reach $185,000 by Q4 2025.
๐น Matrixport: BTC could hit $160,000.
๐น Bit Mining: BTC may rise to $180,000โ$190,000 but could correct to $80,000.
๐น CoinShares: BTC will fluctuate between $80,000โ$150,000.
๐น Maple Finance: BTC projected to trade between $180,000โ$200,000 by year-end.
๐น Standard Chartered: A 2x surge expected as pension funds invest in spot ETFs and MicroStrategy continues buying.
Big numbers aheadโwill 2025 be Bitcoin's golden year? ๐
๐12โ2โค1
๐ธ Aliens, Tampons, and Trump: Polymarket Gets Weird in 2024
Polymarket hit $8B in trading volume this year, fueled by both serious and hilariously bizarre prediction markets.
๐ฎ Highlights:
โช๏ธ$3M wagered on Elon Musk being named Satoshi Nakamoto (spoiler: he wasnโt ๐).
โช๏ธNearly $140K bet on whether Trump would say โtamponโ (he didโonce).
โช๏ธOver $2.7M wagered on the U.S. confirming aliens exist (still no luck).
โช๏ธTIMEโs Person of the Year? Not AI, but Trump took the title.
Whether itโs Muskโs tweets, Earthโs shape, or even extraterrestrials, Polymarket has become the place where serious meets absurd. Ready to place your bets for 2025? ๐
Polymarket hit $8B in trading volume this year, fueled by both serious and hilariously bizarre prediction markets.
๐ฎ Highlights:
โช๏ธ$3M wagered on Elon Musk being named Satoshi Nakamoto (spoiler: he wasnโt ๐).
โช๏ธNearly $140K bet on whether Trump would say โtamponโ (he didโonce).
โช๏ธOver $2.7M wagered on the U.S. confirming aliens exist (still no luck).
โช๏ธTIMEโs Person of the Year? Not AI, but Trump took the title.
Whether itโs Muskโs tweets, Earthโs shape, or even extraterrestrials, Polymarket has become the place where serious meets absurd. Ready to place your bets for 2025? ๐
๐18
This media is not supported in your browser
VIEW IN TELEGRAM
Michael Saylor predicts a massive capital migration to Bitcoin in the coming decades. ๐ธ
Investors will sell resources like natural gas, currencies, and even real estate to go all-in on BTC. ๐
As a unique asset class, Bitcoin could outpace traditional investments, with Saylor envisioning an eye-popping price of $13,000,000 per coin. ๐ค
Investors will sell resources like natural gas, currencies, and even real estate to go all-in on BTC. ๐
As a unique asset class, Bitcoin could outpace traditional investments, with Saylor envisioning an eye-popping price of $13,000,000 per coin. ๐ค
๐ฅ11
Crypto analyst PlanB confirms his 2022 Bitcoin forecast is on target: a $500k average by 2025! ๐ค
With a range of $250k to $1M, heโs confident BTC will hit a new ATH of at least $250k.
Meanwhile, BTC has already climbed back to $97k, liquidating $139M in shorts. ๐
The message is clear: donโt underestimate the king of crypto! ๐๐
With a range of $250k to $1M, heโs confident BTC will hit a new ATH of at least $250k.
Meanwhile, BTC has already climbed back to $97k, liquidating $139M in shorts. ๐
The message is clear: donโt underestimate the king of crypto! ๐๐
๐ฅ11โค5๐4๐1๐ค1
๐ Bitcoin Turns 16! ๐
On January 3, 2009, Bitcoin was born with the mining of the Genesis Blockโthe first-ever block in its blockchain. Embedded within it was a message from creator Satoshi Nakamoto: "Chancellor on brink of second bailout for banks"โa bold statement against the 2008 financial crisis and traditional systems reliant on taxpayer-funded bailouts. ๐ฆ๐ฅ
The Genesis Block reward? 50 BTC, marking the start of a new financial era. Just days later, on January 12, the first Bitcoin transaction occurredโ10 BTC sent by Satoshi to developer Hal Finney. ๐
Fast forward to today: Bitcoin has surged 124% in the past year, reaching $96,000. Whatโs next by January 3, 2026? ๐
On January 3, 2009, Bitcoin was born with the mining of the Genesis Blockโthe first-ever block in its blockchain. Embedded within it was a message from creator Satoshi Nakamoto: "Chancellor on brink of second bailout for banks"โa bold statement against the 2008 financial crisis and traditional systems reliant on taxpayer-funded bailouts. ๐ฆ๐ฅ
The Genesis Block reward? 50 BTC, marking the start of a new financial era. Just days later, on January 12, the first Bitcoin transaction occurredโ10 BTC sent by Satoshi to developer Hal Finney. ๐
Fast forward to today: Bitcoin has surged 124% in the past year, reaching $96,000. Whatโs next by January 3, 2026? ๐
๐14โค1๐1๐1
๐ MicroStrategy Shares and Bitcoin End 2024 Among the Top Three Most Profitable Assets Worldwide
(And hereโs a paradoxical twist โ shares of a Bitcoin company outperformed Bitcoin itself in terms of returns!) ๐
Ethereum ranks 8th, Coinbase takes the 11th spot, and gold is down at 16th place. ๐นโจ
(And hereโs a paradoxical twist โ shares of a Bitcoin company outperformed Bitcoin itself in terms of returns!) ๐
Ethereum ranks 8th, Coinbase takes the 11th spot, and gold is down at 16th place. ๐นโจ
๐13โค3๐ฅ1
Eric Trump Declares Passion for Bitcoin!
Eric Trump revealed his enthusiasm for Bitcoin, calling Michael Saylor a friend and the cryptocurrency his "passion."
๐ฝ At a meeting in Mar-a-Lago, Trumpโs residence, Saylor noted that even the menu featured Bitcoinโa subtle nod to its growing influence.
The intersection of politics, influential figures, and Bitcoin continues to spark intrigue. Could this signal greater adoption ahead? ๐
Eric Trump revealed his enthusiasm for Bitcoin, calling Michael Saylor a friend and the cryptocurrency his "passion."
๐ฝ At a meeting in Mar-a-Lago, Trumpโs residence, Saylor noted that even the menu featured Bitcoinโa subtle nod to its growing influence.
The intersection of politics, influential figures, and Bitcoin continues to spark intrigue. Could this signal greater adoption ahead? ๐
๐16โค2
๐จ๐ญ Switzerland May Include Bitcoin in National Reserves ๐ฐ
๐ A new initiative in Switzerland aims to amend the Constitution to require the Swiss National Bank (SNB) to hold Bitcoin alongside gold in its reserves. To hold a referendum, 100,000 signatures must be collected by June 30, 2026.
The project has gained significant support, including from legislator Samuel Kullmann. Renowned cryptographer Adam Back also praised the idea, calling it "poetic."
โ๏ธ The signature collection began on December 31, 2024, and is quickly gaining momentum. If implemented, Switzerland will become a pioneer in including Bitcoin in its official reserves.
๐ A new initiative in Switzerland aims to amend the Constitution to require the Swiss National Bank (SNB) to hold Bitcoin alongside gold in its reserves. To hold a referendum, 100,000 signatures must be collected by June 30, 2026.
The project has gained significant support, including from legislator Samuel Kullmann. Renowned cryptographer Adam Back also praised the idea, calling it "poetic."
โ๏ธ The signature collection began on December 31, 2024, and is quickly gaining momentum. If implemented, Switzerland will become a pioneer in including Bitcoin in its official reserves.
๐10
Crypto soothsayer
๐ Bitcoin Turns 16! ๐ On January 3, 2009, Bitcoin was born with the mining of the Genesis Blockโthe first-ever block in its blockchain. Embedded within it was a message from creator Satoshi Nakamoto: "Chancellor on brink of second bailout for banks"โa boldโฆ
๐จ The Evolution of Bitcoin Mining
In the 16 years since the Genesis Block, over 19.8 million bitcoins have been mined. With the capped supply at 21 million, the final bitcoin is expected to be mined in 2140.
The journey from the first block to now showcases Bitcoin's resilience and its growing role in the financial world. ๐
In the 16 years since the Genesis Block, over 19.8 million bitcoins have been mined. With the capped supply at 21 million, the final bitcoin is expected to be mined in 2140.
The journey from the first block to now showcases Bitcoin's resilience and its growing role in the financial world. ๐
๐7
Bitcoin's Post-Halving Trajectory: A Look Back ๐
๐ The trajectory after Bitcoin's first halving remains the sharpest in its history. Now, following the 4th halving, BTCโs price sits at the lower end of its historical range, resembling the curve seen after the 2nd halving.
๐ While the market lacks explosive moves, Bitcoin still holds significant growth potential. ๐
๐ The trajectory after Bitcoin's first halving remains the sharpest in its history. Now, following the 4th halving, BTCโs price sits at the lower end of its historical range, resembling the curve seen after the 2nd halving.
๐ While the market lacks explosive moves, Bitcoin still holds significant growth potential. ๐
๐ฅ13๐3