If we will bounce back to $100k more than $3.5 billion in Bitcoin short positions will be liquidated 📊

This will fuel likely fuel a pump to the new all-time highs 🤔

On the prediction market platform Polymarket there were bets on whether Jerome Powell would say the word “Bitcoin” during the FOMC press conference 🗳

The odds for YES and NO were 1:10, but he did say the word. However, this only happened as a response to a question asked from an Axios news website reporter 🤔

On the Polymarket platform, it can be seen that the biggest “Yes” bet was made by an account named “Axios” 🤣

Genius insider trading, or did someone decide to troll a news website?

BlackRock, the largest asset manager in the world, has released a video ad about Bitcoin. This is a major sign that the biggest financial players now recognize Bitcoin as worth understanding 🤑

For new investors, this is huge. Bitcoin is moving from a fringe idea to something even the most traditional institutions are explaining and embracing 👍

This should bring more trust and confidence. It can encourage more people to consider Bitcoin as a long term investment, not just a passing trend 💰

✅ The crypto market went on a roller coaster ride, at one point Bitcoin fell to $92,000, followed by a 5.8% pump to almost $98k 🕯

Daily Digest:

🔸 Global neobank Revolut listed the BNB coin

🔸 Canadian biopharmaceutical company Quantum BioPharma has added Bitcoin and other crypto to its balance sheet

🔸 BlackRock posted a Bitcoin explainer video, which added a disclaimer that there’s no guarantee that the 21M max supply rule won’t be changed 🤔

🔸 A lawmaker in South Korea faces six months in prison for allegedly refusing to report $4 million in crypto

🔸 Rumble is in a deal for a $775 million strategic investment from stablecoin issuer Tether

🔸 Crypto liquidations have hit $1.4 billion over the past 24 hours 😨

🔸 Co-founder of Tornado Cash wants charges against him to be dropped after sanctions against his software were dropped

🔹 Prices:

🥇 Bitcoin - $97,419 (↓0.1%)
✨ Ethereum - $3,468 (↑1.3%)
🧪 S&P 500 - 5,930 (↑1.09%)
🕗 DXY - 107.82 (↓0.55%)
🌉 Gold - 2,623 (↑1.1%)

Here is what happened today when bears started celebrating 10% BTC dump 👍☝️

What is OI? 🛫

Open Interest (OI) represents the total number of outstanding futures or options contracts that haven’t been settled yet 🕯

For each buyer of a futures contract there must be a seller. From the time the buyer or seller opens the contract until the counter-party closes it, that contract is considered 'open'.

↗️ Right now, Bitcoin-denominated open Interest (orange line) sits lower than in the last bull run, revealing more subdued leverage usage.

👀 Traders appear cautious, entering fewer high-risk futures bets. This signals a shift from peak speculation toward steadier, possibly more institutional-driven activity.

This more balanced stance can reduce the likelihood of sudden price collapses driven by mass liquidations (like last time in 2022) 🐻

#FAQ

One whale bought more than 340,000 Ethereum coins in the last 4 days worth over $1 billion dollars 🛫

Does he know something we don’t? 👀

Is this the key to understanding crypto market cycles? 🔍

On the chart you can see the previous two and the current market cycle. Each previous one lasted approximately 47 months (almost 4 years).

↗️ The bull market phase in the previous two cycles lasted for 1065 days (almost 3 years), after which a bear market began.

If things repeat once again, we are in for the end of the bull market in October 2025 📆

📌 Save this cheat sheet for later

Remember Richard Heart? The founder of PulseChain, known con artist and clown, is now wanted by both Interpol and Europol for committing tax fraud and assault 👮

✅ Bitcoin fell 8.5% for the week and Ethereum fell as much as 15.6%, liquidating billions of dollars in long positions in the process of the market correction 📉

Weekly news digest:

💎 Crypto

🔸 European lawmaker Sarah Knafo called on the European Union to establish a strategic Bitcoin reserve

🔸 Representative of Ohio filed a bill to create a strategic Bitcoin reserve for the state

🔸 Deutsche Bank has announced that it's launching its own Ethereum layer 2 blockchain ⛓️‍💥

🔸 Hut 8, one of North America’s largest Bitcoin miners, has announced a $100 million purchase of Bitcoin

🔸 10% of Ethereum validators are signaling support for raising the gas limit which could result in up to a 33% reduction in transaction fees

🔸 $PENGU memecoin was launched, check this post for more info about the airdrop, you might be eligible

🔸 Ripple launched US dollar-backed RLUSD stablecoin

🏦 Crypto Exchanges

🔸 Global neobank Revolut listed the BNB coin

🔸 Exodus Movement has been approved for listing on the NYSE American by the SEC

💵 Finances and Economy

🔸 Rumble is in a deal for a $775 million strategic investment from stablecoin issuer Tether
 
🔸 The Federal Reserve cut rates by 0.25% 🇺🇸

🔸 Tether has invested in Malta-licensed stablecoin firm StablR

🔸 The Fed's PCE inflation expectation for 2025 rose to 2.5%

⚖️ Law and Order

🔸 Fake Satoshi Craig Wright was given a one-year suspended sentence for contempt of court
 
🔸 Investors filed a lawsuit against several entities involved in the launch of the Hawk Tuah memecoin
 
🔸 Europol seized $26 million in crypto from nine drug traffickers

🔸 Nearly 800 people were arrested in Nigeria in connection to crypto romance scams

🔸 CyberKongz NFT collection has received a Wells Notice from the SEC

🔸 Interpol has issued a "Red Notice" for Hex founder Richard Schueler

 🗣 Personalities

🔸 Mo Shaikh, co-founder of Aptos Labs, announced that he's stepping down as CEO
 
🔸 Senator Lummis says Bitcoin “will continue to grow, where the US Dollar will continue to decline in value"
 
🔸 Donald Trump met with Crypto.com CEO Kris Marszalek to discuss the nation’s crypto policies

🚀 Best performers of the week:

MOVE - $0.78 (↑27.3%)
Bitget Token - $4.13 (↑26.1%)
Hyperliquid - $29.35 (↑8.0%)

🤑 MicroStrategy announced it has bought another 5,262 bitcoins worth $561 million, with an average price of $106.662.

Michael Saylor just can’t stop DCAing 🕕

North Korean hackers stole $1,3 billion worth of crypto this year alone 💰

This figure accounts for 61% of the $2.2 billion total of funds stolen from crypto platforms in 2024 😨

Two U.S. Navy pilots ejected safely over the Red Sea when their F/A-18 was shot down in an apparent case of friendly fire 😨🔫

The incident occurred after the guided-missile cruiser USS Gettysburg mistakenly fired on and hit the jet 🤦

As Bitcoin approaches $92k, its dominance is breaking down 📉

It means altcoins are outperforming BTC

We might have an altcoin market even if BTC stays below $100k 🤔

✅ Bitcoin is starting to underperform altcoins again, BTC price is stuck near $94k while many coins are bouncing📈 off the recent lows

Daily Digest:

🔸 A crypto wallet associated with a North Korean hacking group lost nearly $500,000 on Hyperliquid by longing ETH with 20x leverage

🔸 IRS says crypto staking is taxable

🔸 Metaplanet said it bought a record 619.70 BTC for $61 million 🛒

🔸 MicroStrategy announced it has bought another 5,262 bitcoins worth $561 million

🔸 North Korean hackers stole $1,3 billion worth of crypto this year alone

🔸 President Biden officially abandoned mass student debt forgiveness plans 😄

🔸 MoonPay is looking to acquire Helio Pay for around $150 million

🔹 Prices:

🥇 Bitcoin - $94,542 (↓0.7%)
✨ Ethereum - $3,410 (↑4.0%)
🧪 S&P 500 - 5,974 (↑0.73%)
🕗 DXY - 108.08 (↑0.43%)
🌉 Gold - 2,616 (↑0.11%)

Inside matters more than outside ☺️

Altcoins have historically shown a strong surge against BTC several months into major bull runs 🕯

After BTC’s initial rally, market participants often shift focus to alts, looking for underpriced opportunities.

Data from two previous cycles points to a similar pattern emerging soon. The Alts vs BTC ratio will likely pump again 🔼

BTC reclaims the $98,000 level 📈

Looks like bulls decided to fight back and return above $100k on Christmas Day 🎁

Unitree Robotics has unveiled a consumer AI robot that is now ready for shipment with a price tag of $150k 🤖

China is accelerating to the next level in robotics. They seem to be a few years ahead of everyone else 😨

Just look at how maneuverable and fast this robot is, you can't run away from it, even in the woods

✅ Bitcoin reached $99,300 and retraced back a bit with many expecting altcoin season to begin as historically bullish Q1 approaches 💰

Daily Digest:

🔸 On Friday 146,000 BTC options contracts valued at $14 billion will expire

🔸 Russia announced a 6-year ban on crypto mining in 10 regions, citing energy shortages 🚫

🔸 MicroStrategy calls shareholders meeting to fund more Bitcoin purchases

🔸 New Layer-1 blockchain Trrue received a $10 million investment commitment from GEM Digital

🔸 Scandinavian countries disclose tax records and addresses of crypto holders, providing criminals with a list of potential targets

🔸 Robinhood CEO says no plans to invest in Bitcoin 🙄

🔸 Texas Department of Banking has granted MoonPay a Money Transmitter License

🔹 Prices:

🥇 Bitcoin - $98,538 (↑4.4%)
✨ Ethereum - $3,485 (↑2.2%)
🧪 S&P 500 - 6,040 (↑1.10%)
🕗 DXY - 108.12 (↑0.08%)
🌉 Gold - 2,617 (↑0.17%)