Changpeng Zhao, founder of crypto exchange Binance, says Bitcoin price “should be way more than” $850,000 🧪💰

Net Taker Volume - volume of BTC buyers on the Binance exchange has dropped below $30 million 📉

This shows a strong buy signal for BTC with a very high success rate over the last 2 months 📊

🇺🇸 U.S. Consumer Price Index rose 2.7% year-over-year in line with estimates.

Core CPI increased 3.3%, also matching expectations 📊

In their documents, Google casually mentioned that its quantum chip solves problems faster than the universe’s age and hints at parallel universes 😳

This ties to the idea that their quantum computations happen across realities.

Just another day in Silicon Valley. No big deal 😁

Elon Musk made $10.7 billion and became the first person to surpass $400 billion in net worth 💰

How much money have you made today?

How many hundreds of thousands of years will you have to work to be that rich?

✅ Bitcoin recovered from declines earlier in the week, retaking the $101,000 level after the Consumer Price Index report 🔼

Daily Digest:

🔸 U.S. Consumer Price Index rose 2.7% year-over-year in line with estimates

🔸 Treasure has launched its own Ethereum layer-2 chain via ZKsync to power crypto games 🔗

🔸 The Italian parliament will likely cut the government's planned tax increase on crypto capital gains

🔸 Elon Musk made $10.7 billion and became the first person to surpass $400 billion in net worth

🔸 The CFTC accused a pastor of promoting a crypto scheme to churchgoers ⛪️

🔸 Reserve Bank of India Governor envisions the digital rupee revolutionizing India’s economy through CBDC adoption

🔸 Circle and Binance formed a strategic partnership to accelerate USDC adoption

🔹 Prices:

🥇 Bitcoin - $101,396 (↑4.6%)
✨ Ethereum - $2,881 (↑5.8%)
🧪 S&P 500 - 6,084 (↑0.82%)
🕗 DXY - 106.63 (↑0.22%)
🌉 Gold - 2,718 (↑0.02%)

True story 😅

Now this is what bull market looks like 🐂

Ethereum ecosystem tokens are running hard 🚀

$AAVE - ↑30.3%

$LINK - ↑27.72%

$UNI - ↑17.8%

Are you feeling bullish about the next few months? Vote:

Yes — 🐳

No — 🫡

Today Trump ringed the opening bell at the New York Stock Exchange. Says: “It’s 9:48 shouldn’t you guys be making money?” 😄

Trump is not indifferent to the stock and crypto market, his focus is a bullish sign 👍

✅ The crypto market is making another leap upwards, Bitcoin is consolidating above $100k and altcoins are flying to the moon amid the falling BTC dominance 🔼

Daily Digest:

🔸 BlackRock says 1-2% is a reasonable Bitcoin portfolio allocation

🔸 Coinbase will delist stablecoins that do not comply with the MiCa regulation in the EU tomorrow: USDT, DAI, and others

🔸 Google introduced Gemini 2.0 AI model 🤖

🔸 Mark Zuckerberg and Jeff Bezos each donated $1 million to Trump's inauguration fund

🔸 The Supreme Court dismissed Nvidia’s motion to drop the lawsuit based on the company's alleged understating of crypto mining-related GPU sales

🔸 Donald Trump is considering a16z Crypto Policy Head to lead the CFTC 🇺🇸

🔸 The Vancouver City Council has voted to study the Bitcoin strategy

🔹 Prices:

🥇 Bitcoin - $100,157 (↓1.2%)
✨ Ethereum - $3,873 (↑0.9%)
🧪 S&P 500 - 6,051 (↓0.54%)
🕗 DXY - 107.01 (↑0.28%)
🌉 Gold - 2,680 (↓0.02%)

Only 0.55% of Microsoft shareholders voted in favor of a proposal to put Bitcoin on the company's balance sheet. Guess they will regret later 😂

A Redditor with a $1.2M trading loss seeks a spouse with $1M+ capital gains for a year-end tax tango 💰

The plan? Marry, merge losses and gains, slash that tax bill, then split the windfall. Forget romance.

This modern vow: “I lose, you gain, we both profit.” Sure beats swiping right with no tax incentives 😀

BlackRock's spot Ethereum ETF surpasses $3 billion in inflows as experts predicting ETH could surge to $15,000 during the next year 🧪🤑

Circulating Supply vs. FDV 📊

• Circulating supply is the number of tokens currently available on the market, so market cap is calculated as price X circulating supply.

• Fully Diluted Valuation (FDV) calculates the value of the asset if all possible tokens were in circulation.

This difference is important because FDV can suggest that token will have a much larger Market Cap in the future than what's currently being traded

🔍 If a project's circulating supply is small compared to its total supply, there may be many tokens that are locked or have yet to be released.

When these tokens enter the market, they can increase selling pressure and affect the token's price. For example, a token may look cheap now and its market cap may look small, but if significant token releases are coming, the price may not stay that way 📉

Some tokens have a very small market cap to FDV ratio of < 0.1. This means that the current market cap will increase due to future unlocks, while the price will likely dump due to selling pressure. A good example is Worldcoin $WLD 🤑

Market cap is $2.3 billion while FDV is $30.4 billion. This is not a token you want to hold long term

#FAQ

The total value of the Ethereum blockchain just broke its all-time high from December 2021, which is a bullish sign for ETH 🧪🔍