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Michael Saylor claims the first nation to print its national currency to buy BTC will gain a significant advantage. 🌍💰
Interestingly, MicroStrategy is already doing something similar—issuing its shares (MSTR), which Saylor likens to a "currency," and using the funds to purchase Bitcoin. 🚀
Interestingly, MicroStrategy is already doing something similar—issuing its shares (MSTR), which Saylor likens to a "currency," and using the funds to purchase Bitcoin. 🚀
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🇮🇳 Bybit halts operations in India!
Bybit announced service restrictions for Indian users due to regulatory requirements. Starting January 12, Indian traders will be unable to open new trades or access services like trading bots, copy trading, and P2P. Even the Bybit card will stop functioning. 🤷
All trading pairs with the Indian Rupee will be removed on the same date. 🚫
Bybit is working to obtain a license and expects to finalize the process within a few weeks. 👀
Bybit announced service restrictions for Indian users due to regulatory requirements. Starting January 12, Indian traders will be unable to open new trades or access services like trading bots, copy trading, and P2P. Even the Bybit card will stop functioning. 🤷
All trading pairs with the Indian Rupee will be removed on the same date. 🚫
Bybit is working to obtain a license and expects to finalize the process within a few weeks. 👀
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🚀 Bitcoin in Meta’s Treasury? 💰
A proposal has been submitted to Meta’s board suggesting they allocate part of their $72B in liquid assets into Bitcoin as a hedge against dollar devaluation.
The idea highlights Bitcoin’s inflation-resistant properties and even mentions CEO Mark Zuckerberg’s positive comments about BTC. Could Meta join the growing list of corporate Bitcoin holders? 👀
A proposal has been submitted to Meta’s board suggesting they allocate part of their $72B in liquid assets into Bitcoin as a hedge against dollar devaluation.
The idea highlights Bitcoin’s inflation-resistant properties and even mentions CEO Mark Zuckerberg’s positive comments about BTC. Could Meta join the growing list of corporate Bitcoin holders? 👀
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📉Bitcoin Stalls at $96K — Eyes on $91K?
Last night, BTC attempted a comeback but failed to break the $96K resistance, pulling back to around $93K. If buyers don't find renewed optimism, we could see another buy opportunity at $91K. 👀
Meanwhile, altseason supporters remain hopeful, betting on BTC dominance dropping to 40%. 🚀
Last night, BTC attempted a comeback but failed to break the $96K resistance, pulling back to around $93K. If buyers don't find renewed optimism, we could see another buy opportunity at $91K. 👀
Meanwhile, altseason supporters remain hopeful, betting on BTC dominance dropping to 40%. 🚀
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🐳 Whales Feeling the Burn!
🔎 Lookonchain reports that even Bitcoin whales are having a rough week. One daring trader bought 1,850 BTC at $101,998 and decided to sell at $94,963—securing a "modest" $13M loss in just six days. 😬
Seems like some whales are better at making waves than profits. 🌊 Maybe next time they’ll HODL a little tighter!
🔎 Lookonchain reports that even Bitcoin whales are having a rough week. One daring trader bought 1,850 BTC at $101,998 and decided to sell at $94,963—securing a "modest" $13M loss in just six days. 😬
Seems like some whales are better at making waves than profits. 🌊 Maybe next time they’ll HODL a little tighter!
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According SoSoValue, spot Bitcoin ETFs saw a massive net inflow of $307.2M last week, while Ethereum ETFs experienced a net outflow of $185.89M. 💰
Looks like BTC is the teacher's pet in the ETF classroom, while ETH got sent to detention! 😅
Looks like BTC is the teacher's pet in the ETF classroom, while ETH got sent to detention! 😅
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📉 Bitcoin briefly dipped below $90,000 before recovering to $91,500, but that didn’t stop MicroStrategy!
🚀 The company announced the purchase of 2,530 BTC for $243 million at an average price of $96,047 per BTC.
📊 MicroStrategy now holds an incredible 450,000 BTC with an average purchase price of $62,691 per BTC.
🐋 Who else is buying the dip?
🚀 The company announced the purchase of 2,530 BTC for $243 million at an average price of $96,047 per BTC.
📊 MicroStrategy now holds an incredible 450,000 BTC with an average purchase price of $62,691 per BTC.
🐋 Who else is buying the dip?
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🇸🇻Tether headquarters moves to El Salvador. The issuer of USDT is set to complete all formalities for relocating to El Salvador after successfully obtaining a Digital Asset Service Provider (DASP) license.
🏦 Scott Bessent, a candidate for U.S. Treasury Secretary, plans to divest his holdings in BTC ETFs due to a conflict of interest.
🇮🇹 Italy’s largest Bank, Intesa Sanpaolo, invests in Bitcoin. Intesa Sanpaolo has made its first Bitcoin transaction, purchasing 11 BTC (€1 million).
🇭🇰 Hong Kong-based Ming Shing Group purchases 500 BTC or $94,375 per Bitcoin.
The publicly traded company Heritage Distilling has adopted Bitcoin as a strategic reserve asset and will now accept BTC as payment. 💰
🏦 Scott Bessent, a candidate for U.S. Treasury Secretary, plans to divest his holdings in BTC ETFs due to a conflict of interest.
🇮🇹 Italy’s largest Bank, Intesa Sanpaolo, invests in Bitcoin. Intesa Sanpaolo has made its first Bitcoin transaction, purchasing 11 BTC (€1 million).
🇭🇰 Hong Kong-based Ming Shing Group purchases 500 BTC or $94,375 per Bitcoin.
The publicly traded company Heritage Distilling has adopted Bitcoin as a strategic reserve asset and will now accept BTC as payment. 💰
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Elon Musk Might Buy TikTok!
🇨🇳 China is considering selling TikTok's US operations to Elon Musk as a contingency plan to avoid a looming ban. ByteDance, TikTok's parent company, prefers to challenge the ban in the Supreme Court but faces resistance from justices signaling national security concerns outweigh free speech arguments.
A possible deal could see Musk's X (formerly Twitter) integrate TikTok's US business, potentially boosting advertising revenue and leveraging user data for Musk’s AI ventures. However, complexities like Chinese export rules on TikTok’s algorithm and approval from both the Chinese and US governments make the sale uncertain.
With a $40–50 billion valuation, Musk's potential acquisition would reshape the US-China tech landscape, while President-elect Trump aims to delay the ban to seek a resolution.
🇨🇳 China is considering selling TikTok's US operations to Elon Musk as a contingency plan to avoid a looming ban. ByteDance, TikTok's parent company, prefers to challenge the ban in the Supreme Court but faces resistance from justices signaling national security concerns outweigh free speech arguments.
A possible deal could see Musk's X (formerly Twitter) integrate TikTok's US business, potentially boosting advertising revenue and leveraging user data for Musk’s AI ventures. However, complexities like Chinese export rules on TikTok’s algorithm and approval from both the Chinese and US governments make the sale uncertain.
With a $40–50 billion valuation, Musk's potential acquisition would reshape the US-China tech landscape, while President-elect Trump aims to delay the ban to seek a resolution.
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Crypto soothsayer
🇸🇻Tether headquarters moves to El Salvador. The issuer of USDT is set to complete all formalities for relocating to El Salvador after successfully obtaining a Digital Asset Service Provider (DASP) license. 🏦 Scott Bessent, a candidate for U.S. Treasury Secretary…
🌍 El Salvador Invites Rumble to Relocate HQ
Following Tether's move to El Salvador, President Nayib Bukele has extended an invitation to Rumble, the Canadian video hosting and cloud storage platform, to transfer its headquarters to the country.
💰 In December, Tether invested $775 million into Rumble, reinforcing its growth as an alternative to YouTube. Earlier, in November, Rumble adopted a "Bitcoin Treasury" strategy, purchasing $20 million worth of BTC as a reserve asset.
El Salvador continues to position itself as a global hub for crypto and innovative tech companies. 🚀
Following Tether's move to El Salvador, President Nayib Bukele has extended an invitation to Rumble, the Canadian video hosting and cloud storage platform, to transfer its headquarters to the country.
💰 In December, Tether invested $775 million into Rumble, reinforcing its growth as an alternative to YouTube. Earlier, in November, Rumble adopted a "Bitcoin Treasury" strategy, purchasing $20 million worth of BTC as a reserve asset.
El Salvador continues to position itself as a global hub for crypto and innovative tech companies. 🚀
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📉 Market Correction Shows Signs of Fading
🔍 CryptoQuant reports a drop in the SOPR indicator for short-term BTC holders to 0.99. This suggests that these investors are selling at a loss, potentially reducing the supply of Bitcoin on the spot market and stabilizing price movements. 👀
Could this be a signal for a market rebound? 📈
🔍 CryptoQuant reports a drop in the SOPR indicator for short-term BTC holders to 0.99. This suggests that these investors are selling at a loss, potentially reducing the supply of Bitcoin on the spot market and stabilizing price movements. 👀
Could this be a signal for a market rebound? 📈
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🚀 Solana & XRP ETFs Could Attract Billions – JPMorgan
💰 JPMorgan predicts Solana and XRP ETFs could draw $3–8 billion in new investments if approved, potentially boosting altcoin prices to new all-time highs.
The SEC's decision on SOL ETF applications is expected by late January, just after President-elect Trump's inauguration. 💪
💰 JPMorgan predicts Solana and XRP ETFs could draw $3–8 billion in new investments if approved, potentially boosting altcoin prices to new all-time highs.
The SEC's decision on SOL ETF applications is expected by late January, just after President-elect Trump's inauguration. 💪
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💰 Bitcoin Wallet Trends: A Tale of Two Sizes
Over the past year, wallets holding 10–100 BTC have sold off 370,000 BTC, while larger wallets with 100–1,000 BTC have added 610,000 BTC to their holdings. 👀
The trend speaks volumes about shifting strategies between mid-tier and larger investors. Are the whales gearing up for a big move? 🐋📈
Over the past year, wallets holding 10–100 BTC have sold off 370,000 BTC, while larger wallets with 100–1,000 BTC have added 610,000 BTC to their holdings. 👀
The trend speaks volumes about shifting strategies between mid-tier and larger investors. Are the whales gearing up for a big move? 🐋📈
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