BTC now trading above $96,500 🤑

This run looks exactly like the one in 2020, if everything plays out the same way we will go to $135k in the next few months 🔼

BTC $97k 🚀

The target has never been closer 👀

🇨🇳 Shanghai court says crypto ownership legal under China law

In an opinion on a recent lawsuit, a Shanghai judge wrote that cryptocurrencies have the attributes of property and thus holding it is legal 😮

This is a very important development because the world's second largest economy, China, has banned all cryptocurrency transactions and mining activities. In September 2021 😰

Bitcoin mining company Marathon Digital raised $1,000,000,000 to purchase more BTC 🤑

More fuel for a pump to get to $100k

Spot Bitcoin ETFs in the US have surpassed $100 billion in holdings 🇺🇸

The U.S. SEC approved the first 11 Bitcoin spot ETFs on Jan. 10, 2024 🙁

So it's been less than a year, but imagine what will happen in the future? 📈

Will you get rich by holding HBAR? 💰

In our new video, we take a look at the current news and potential of the HBAR coin. In it you will find the following 👇

• Analysis of the Hedera project and the HBAR token

• How will U.S. politics affect HBAR?

• Will USA utilize Hedera?

• Is HBAR ETF possible?

• HBAR token price analysis and forecasts

Сlick on the link below and check it out 🍄

https://youtu.be/zzFXJ8myRcY 🍿

✅ Another day of pumping, Bitcoin peaked at $99,100, not far from the symbolic $100,000 target. Interestingly, Bitcoin's dominance has slightly decreased amid ETH growth 🔼

Daily Digest:

🔸 MicroStrategy announced it has completed a $3 billion offering of convertible notes to buy even more Bitcoin

🔸 21Shares and VanEck file for Solana $SOL ETFs with CBOE

🔸 President-elect Donald Trump's proposed Crypto Advisory Council could set up a United States Bitcoin reserve 🥇

🔸 SEC Chair Gary Gensler plans to fully leave the commission — not just step down as chairman — on Jan. 20

🔸 The creator of the "Chill Guy" meme, said he's copyrighted the character and plans to issue takedown notices for for-profit use, even in meme coins

🔸 Mastercard collaborates with JPMorgan to bring cross-border payments on the blockchain 🤝

🔸 FTX payouts for creditors and clients are expected in March 2025

🔸 A judge has tossed out the broker-dealer rule for crypto liquidity providers from the US SEC

🔹 Prices:

🥇 Bitcoin - $98,013 (↑3.5%)
✨ Ethereum - $3,319 (↑7.7%)
🧪 S&P 500 - 5,948 (↑0.53%)
🕗 DXY - 107.05 (↑0.08%)
🌉 Gold - 2,672 (↑0.27%)

This is how fumbling $1,000,000 in meme coin gains looks like 😢

For the first time since November 2021 SOL hits a new all-time high 🤑

Bitcoin is trading above $99,200 📈

The face of meme mania 🤦

The founder who launched his meme coin wears a banana suit, does blackface, and takes drugs, all while live-streaming on Pumpfun 😶

All for attention, which can convert into an increase in the capitalization of his newly created token 🧪

Both funny and sad

The incoming CEO of banking and investment giant Charles Schwab says "I have not bought crypto, and now I feel silly" 🙂

Imagine the FOMO the Wall Street guys are experiencing as they watch the recent price action of Bitcoin...

Charles Schwab Bank currently manages $7.13 trillion in client assets 👀

Sui blockchain signs strategic partnership with $1.5 trillion asset manager Franklin Templeton 🤝

$SUI token, which in recent months outperformed most other alt coins did not react to this news 🤑

Understanding Bitcoin Dominance. When will Altseason start? 🚀

Bitcoin dominance is the percentage of the total crypto market value that belongs to Bitcoin. It shows how much of the crypto market is made up by Bitcoin compared to all other altcoins combined 🤑

Yesterday, this percentage reached a new high for this cycle of 61.52%

🔼 When Bitcoin dominance rises, Bitcoin is capturing more of the market share. Bitcoin sucks up the liquidity from alt coins and memes often outperforming them.

In this market, everything trades like this:

• If BTC up = alts slightly up
• If BTC down = alts nuke by a lot
• If BTC stable = alts down

🔽 When Bitcoin dominance falls, it means altcoins are gaining more market share starting to outperform BTC.

During this time investors have higher risk appetite and are shifting Bitcoin gains into alts, seeking higher returns 🤪

In this market, everything trades like this:

• If BTC up = altcoins are pumping hard
• If BTC down = strong altcoins are slightly down or stable
• If BTC stable = altcoins are rising

Altseason usually happens when Bitcoin dominance drops significantly. This is usually the last thing to happen at the end of the bull market as investors take greater and greater risks in the pursuit of profit 💰

#FAQ

✅ Another day when more than a billion dollars flowed into spot BTC ETFs. Bitcoin's dominance fell a bit, causing many altcoins to have a very nice pump 🚀

Daily Digest:

🔸 Polymarket prediction betting market opted to block France-based users 

🔸 South Korean virtual asset deposit platform Delio was declared bankrupt with $1.75B in assets lost

🔸 Apple confirmed that its devices were left vulnerable to an exploit that leaves crypto users exposed 🚨

🔸 CFTC has endorsed using blockchain technology to manage trading collateral in United States derivatives markets

🔸 Trump picked pro-crypto hedge fund manager Scott Bessent for Treasury Secretary

🔸 Sui blockchain signed a strategic partnership with $1.5 trillion asset manager Franklin Templeton 🤝

🔸 The incoming CEO of banking and investment giant Charles Schwab says "I have not bought crypto, and now I feel silly"

🔹 Prices:

🥇 Bitcoin - $98,720 (↑0.7%)
✨ Ethereum - $3,350 (↑0.8%)
🧪 S&P 500 - 5,969 (↑0.35%)
🕗 DXY - 107.49 (10.48%)
🌉 Gold - 2,716 (↑1.74%)

Market sentiment check... 😄

Fun fact: The second poorest state in the US is still richer than any country in Europe in terms of GDP per capita 😱

Europeans are facing a new economic reality, one they haven't experienced in decades. They are becoming poorer 🫡

💰 In 2008, the eurozone and the US had equivalent gross domestic products (GDP) at current prices of $14.2 trillion and $14.8 trillion respectively.

Fifteen years later, Eurozone GDP is just over $15 trillion, while US GDP has soared to $26.9 trillion 📊

That's a difference of 76.12% 😨

But why? In a nutshell: Regulation, lack of innovation, fragmentation, bureaucracy and demographics

Bitcoin looks poised for its next major move (orange dots on the chart). Historical trends suggest we’re entering the explosive growth phase following a period of consolidation 🧪

We may see some short-term pullbacks or sideways movement as the market gathers momentum. These phases are a natural part of the cycle 🕯