🌐Robert Kiyosaki: Bitcoin, the best choice in economic ups and downs🚀

Robert Kiyosaki, author of the best-selling book "Rich Dad, Poor Dad," recently stated that Bitcoin is the best choice regardless of economic boom or bust.

According to data from the U.S. Bureau of Economic Analysis, although GDP in the third quarter of this year increased significantly compared with the second quarter. But Kiyosaki warned that the economy could slip into depression next year.

He even posted on social media

Kiyosaki said that by “money” he meant Bitcoin and gold. He's not the only one worried about the economy. Some analysts worry that Trump's trade policies may slow down the economy and even lead to recession.

Kiyosaki believes that the economic crisis is actually a good time to get rich. He said: "I plan to become richer, and I hope you will become richer and smarter." He predicted that the price of Bitcoin may fall from US$100,000 to US$60,000, but he will not sell. He also predicts that Bitcoin will reach $250,000 in 2025.

Even though most economists predict that business will be booming in 2025, Kiyosaki believes that Bitcoin is your savings tool. He said that no matter what the economy does, the value of Bitcoin will not change. When the economy is bad, people will buy Bitcoin as a hedge; when the economy is good, fiat currency inflation will cause Bitcoin prices to soar.

Kiyosaki also emphasized: "No matter how the economy develops, gold, silver and Bitcoin will retain their value." Therefore, whether you are optimistic about the economy or worried about the economy, Bitcoin may be your safe haven.

🗣 Conclusion:

In summary, Robert Kiyosaki’s concept of “money is Bitcoin and gold” reflects his concerns about traditional fiat currencies in times of economic instability.

He sees the economic crisis as an opportunity to get rich and firmly believes that gold, silver and Bitcoin can retain their value no matter whether the economy is good or bad.

In short, Kiyosaki's views provide investors with new ideas for finding sound investments amid economic fluctuations.

💬Do you agree with Kiyosaki’s point of view? Do you think Bitcoin can become a stable value-added tool amid economic fluctuations?See you in the comments section!

#比特币 #经济危机 #投资智慧 #经济形势 #清崎

🚀MicroStrategy advances Bitcoin 21/21 plan, seeks shareholder approval to expand Bitcoin holdings

On December 23, MicroStrategy submitted a proxy document to the U.S. Securities and Exchange Commission (SEC) seeking shareholder approval to promote its Bitcoin 21/21 plan. The goal of the plan is to deepen the company's investment in Bitcoin and optimize its financing process.

It is reported that MicroStrategy's "21/21 Plan" was disclosed in October and aims to purchase an additional $42 billion worth of Bitcoin within three years. To achieve this goal, the company will raise $21 billion through the issuance of shares and another $21 billion from fixed-income securities to achieve this goal.

This meeting will discuss three core topics:

1. Increase the number of Class A common shares that the company can issue from 330 million shares to 10.33 billion shares to provide greater flexibility for future financing activities.

2. Increase the number of authorized preferred shares from 5 million shares to 1.005 billion shares, thereby opening up more funding channels for the company's strategic actions.

3. Modify the equity incentive plan to allow new directors to receive equity rewards and ensure that their compensation is consistent with the company's Bitcoin strategy.

Since October 2024, MicroStrategy has raised more than $2 billion through equity and debt financing to increase its Bitcoin holdings, and has also consolidated its leadership in digital asset investment. The company said that these proposed amendments are intended to enhance the flexibility of financial strategies to adapt to market fluctuations and ensure consistency with the company's long-term goals.

Moreover, just one day before the announcement of this conference, MicroStrategy founder Michael Saylor also announced that they bought another 5,262 BTC, worth approximately $561 million. Now they hold a total of 444,262 BTC, with a total cost of $27.7 billion, and an average cost of $62,257 per BTC. The average price of this purchase is $106,662 per Bitcoin, which is also the most expensive they have ever bought.

💬 Do you think MicroStrategy's Bitcoin 21/21 plan will succeed? In your opinion, is the strategy of increasing stock issuance and authorizing preferred stock an effective means to achieve the company's strategic goals?

#MicroStrategy #比特币投资 #股东大会 #比特币策略

🤔 IRS: Rewards generated from cryptocurrency staking should be taxed at market value

The IRS recently clarified that rewards generated from cryptocurrency staking need to be taxed once received. This means that every token earned through staking counts as income and must be taxed at market value.

Imagine that when you lock your cryptocurrency in a network to assist in its normal operation, you subsequently receive some staking rewards. The IRS believes that these rewards do not represent a new category of property and therefore cannot wait until they are sold or exchanged to pay taxes.

This position is related to a legal dispute involving a couple, Joshua and Jessica Jarrett. They staked on the Tezos network and argued that their staking rewards should not be taxed until they are sold or exchanged, similar to a farmer's crops or a writer's books. However, the IRS holds the opposite view, asserting that once these staking rewards are received, they constitute taxable income and must be taxed.

If you are new to cryptocurrency staking, it essentially involves locking your currency in the blockchain network to help validate transactions, after which you can receive some returns. This is typically related to Proof of Stake (PoS), which allows you to earn some passive income through the staked assets you hold, similar to interest in a bank.

The IRS stated in its 2023 guidance that block rewards (including those obtained through staking) should be counted as income when they are generated. Therefore, when you earn token rewards, you need to track their value as this affects how much tax you will owe.

In 2021, the Jarretts sued the IRS over the taxation of the 8,876 XTZ tokens they received in 2019, but the court dismissed the case on the grounds that the IRS had already issued a refund. In 2024, they filed another lawsuit seeking a refund of additional taxes, which is currently under consideration.

Previously, an individual was sentenced to two years in prison for failing to report capital gains from cryptocurrency sales between 2017 and 2019.

💬 What do you think about the IRS's new stance on cryptocurrency staking? What do you believe this means for cryptocurrency investors?

#IRS #加密货币税收 #质押奖励 #法律纠纷

⚒️ Russia extends cryptocurrency mining ban in certain regions until 2031 to address energy challenges

Russia has tightened its restrictions on cryptocurrency mining! Starting from 2025, miners in at least 10 regions will have to suspend mining until March 2031.

This measure is primarily aimed at addressing the surge in domestic energy consumption, especially during Russia's long winters when energy demand is high, prompting the government to decide to restrict mining activities.

Specifically, places like Dagestan and Ingushetia, along with several republics and territories, are prohibited from mining. Furthermore, regions such as Irkutsk and Buryatia must also stop mining during peak energy consumption periods, which occur every year from January to March and from November to March of the following year.

Last year, Russia became the world's second-largest cryptocurrency mining country, consuming at least 16 billion kilowatt-hours of electricity annually. Currently, the electricity consumed by mining accounts for 1.5% of the country's total consumption, posing a significant challenge for areas with harsh climates.

The government is also working to address the issue of imbalanced electricity costs. The deputy director of the country's energy department stated that regions with low electricity costs are actually subsidized by producers and consumers from other regions. Now, with the implementation of mining restrictions, these subsidies will gradually be eliminated.

It is noteworthy that although Russia recently legalized cryptocurrency mining and introduced a mandatory registration service allowing the Federal Tax Service to access miners' asset and crypto wallet information,

these new measures indicate that while Russia is promoting transparency in the mining industry, it is also actively controlling its impact on domestic energy consumption.

These changes may have significant implications for the global mining landscape, especially against the backdrop of increasing attention to energy consumption and environmental impact.

💬 What do you think about this series of actions by Russia? Do you believe it will affect the global mining competition landscape? Leave your thoughts in the comments section.

#俄罗斯 #挖矿禁令 #能源消耗 #加密货币新政

🌟Trump is optimistic about Bitcoin, emphasizing the importance of electricity production for mining

Trump's recent conversation with Jim Cramer on CNBC has sparked widespread attention. He clearly stated the intention to do great things with cryptocurrency, and the key to achieving this goal lies in producing a large amount of electricity. This perspective also demonstrates Trump's profound understanding of Bitcoin that exceeds our expectations.

Trump declared to Cramer, "We are going to do some great things with cryptocurrency." He emphasized that the United States cannot allow China or other countries to take the lead in this field; whether in artificial intelligence or cryptocurrency, the U.S. must strive to be at the forefront.

He further elaborated on his unique insights regarding cryptocurrency, pointing out the necessity of producing a vast amount of electricity. This understanding stems from his insight into the enormous power demand of Bitcoin mining, and this demand may become a driving force for the production of cheap, abundant, renewable energy.

It is worth noting that since the 1970s, the price of solar panels has been declining, and electricity may become even cheaper in the future. Bitcoin is not only a new internet currency but also has the potential to incentivize people to develop richer energy sources.

As the chip efficiency competition in Bitcoin mining reaches its peak, the core competition among mining machines has already shifted to electricity costs. Miners are actively preparing to take advantage of this cost advantage to expand their profit margins in business models.

In addition, some of the individuals that Trump is about to appoint as Treasury Secretary, SEC Chair, and cryptocurrency advisors are positively inclined towards cryptocurrency. This undoubtedly brings positive signals to the cryptocurrency market and fuels expectations for the future development of the U.S. in the cryptocurrency field.

In summary, Trump's stance suggests that the U.S. may adopt a more proactive strategy in the fields of cryptocurrency and renewable energy. This move is not only an extremely positive signal for the cryptocurrency market but also holds the potential to drive a new process of global energy transformation.

💬Do you agree with Trump's view of linking Bitcoin to energy production? Do you think under Trump's leadership, the U.S. will become a leader in cryptocurrency and renewable energy? See you in the comments!

#特朗普 #比特币 #加密货币 #比特币挖矿电力需求

🎯Metaplanet ignores Bitcoin price pullback and makes the largest BTC purchase in history

Bitcoin prices fell nearly 10% last week, causing market sentiment to be cautious. But Japan's Metaplanet boldly increased its holdings, purchasing nearly 620 bitcoins, doubling the value of its total Bitcoin holdings to $168 million, which is also Metaplanet's largest single Bitcoin purchase to date.

It is reported that Metaplanet raised funds for its Bitcoin investment through a series of capital market activities, including the issuance of stock rights and zero-coupon bonds. In particular, on December 20, 2024, the company successfully raised 5 billion yen, or approximately $31.9 million, through the issuance of the fifth series of ordinary bonds. The company also announced that it would issue a 4.5 billion yen bond, or approximately $28.7 million, which is scheduled to mature on June 16, 2025.

The report stated that between October and December 2024, Metaplanet's Bitcoin yield surged by nearly 310%, and its Bitcoin holdings increased significantly relative to its fully diluted outstanding shares. Despite the overall bearish market sentiment, Metaplanet has positioned itself as a key player in corporate Bitcoin investment.

Metaplanet, known as the "MicroStrategy of the East," has been accumulating Bitcoin since May, following in the footsteps of MicroStrategy. The company revealed that it expects to see its first profit in nearly seven years thanks to its earlier decision to include Bitcoin on the company's balance sheet.

Metaplanet's revenue is expected to increase from 261 million yen to 890 million yen (about $5.8 million) in fiscal 2024, and operating profit will reach 270 million yen. This expectation marks a major financial turnaround for the company after years of losses.

Metaplanet successfully generated 520 million yen in revenue for the company through its innovative use of Bitcoin put option strategies. In addition, the company also benefited from the strong performance of its Royal Oak Hotel in Tokyo.

This series of actions by Metaplanet shows that even in market fluctuations, the company is still optimistic about the potential of Bitcoin and is taking positive measures to enhance its influence in the cryptocurrency field.

#Metaplanet #比特币投资 #市场动态

🤔Do quantum computers pose a threat to Bitcoin security? Cryptographer Adam Back thinks so!

Recently, discussions about the potential threats that quantum computers may pose to Bitcoin security and the cracking of the founder's wallet have heated up again. In response, renowned cryptographer Adam Back has shared his views, suggesting that we are still decades away from the true era of quantum computers.

Back further pointed out that even if quantum computers become a reality, this may actually be a positive development for the Bitcoin network. Because Bitcoin can leverage quantum computers to upgrade and enhance its defense against quantum attacks.

Back also believes that if there is a possibility of quantum computers attacking the Bitcoin network, then there must also be methods to defend using quantum computers.

He emphasized that despite the extraordinary capabilities of existing supercomputers, the Bitcoin network remains one of the most secure networks in the world, and its computing power is the strongest globally. Therefore, the emergence of quantum computers may not be a threat but could allow the Bitcoin network to become even more secure through upgrades.

It is worth noting that the topic of quantum computers has recently become a hot topic again, primarily due to Google’s recent release of its supercomputer chip, coupled with exaggerated media reports, which have sparked some negative concerns in the community.

However, discussions about quantum computers threatening Bitcoin security have not ceased over the past decade, but the negative reports in these years have not had a substantial impact on Bitcoin's multiple market cycles and its current market conditions.

💬Do you think quantum computers will really pose a threat to Bitcoin security? What changes would occur if the Bitcoin network upgrades to counter quantum attacks?

#量子计算机 #比特币安全 #AdamBack #量子攻击

🧐VanEck predicts that if the U.S. implements a Bitcoin reserve, it is expected to reduce the national debt burden by 35% by 2049

The U.S. ETF broker VanEck has proposed a viewpoint that if the U.S. follows in the footsteps of MicroStrategy, purchasing 1 million Bitcoins as national reserve assets according to Senator Cynthia Lummis's proposal, it could potentially reduce the national debt by up to 35% by 2049, offsetting around $42 trillion in liabilities.

By observing the potential impact of different amounts of Bitcoin reserves on U.S. national debt in the diagram below, it can be seen that if the U.S. government adopts the suggestion from VanEck, MicroStrategy, or Senator Cynthia Lummis regarding Bitcoin as a national reserve asset, it may become a unique and effective solution to the U.S. national debt issue in the long term.

It is well known that Bitcoin prices typically follow a four-year cycle pattern, experiencing a bull market for four years and a bear market for four years. During the bull market, the rise is very rapid, and the decline during the bear market is also quite significant. I have seen that the Bitcoin reserve strategy may also change the alternating four-year cycle pattern of Bitcoin.

Once the U.S. adopts Bitcoin as a national strategic reserve asset, the four-year cycle of Bitcoin may be broken. This is because the Bitcoin market may enter a super cycle, and its price trend may become more stable, resembling the long-term and slow rise of the U.S. stock market, rather than experiencing the traditional four-year bull-bear cycle.

This shift could not only change the economic landscape of the United States but could also have a ripple effect on global financial markets. It will also have profound implications for the ecological structure of the entire financial market, the investment strategies of various types of investors, and the global economic landscape.

💬 Do you think incorporating Bitcoin into national reserve assets will affect the global economy and financial landscape? If the four-year cycle pattern of Bitcoin is broken, what opportunities and challenges will it bring to investors and the market?

#VanEck #美国国债 #比特币国家储备

🌐MicroStrategy increases its holdings of Bitcoin to welcome the Nasdaq 100 Index; Saylor advocates a US Bitcoin reserve plan to eliminate national debt

On the day when its stock (MSTR) joined the Nasdaq 100 Index, MicroStrategy once again purchased 5,262 BTC at an average price of $106,662, bringing the total number of Bitcoins held by the company to 444,262.

It is reported that MicroStrategy has now achieved its seventh consecutive week of Bitcoin purchases. Currently, the total market value of MicroStrategy's Bitcoin holdings is $42.2 billion, and the overall average purchase price is $66,257 per coin.

It is worth noting that MicroStrategy has been purchasing Bitcoin through the ATM custody platform. After the company spent $561 million on Bitcoin this time, the platform still has $7.08 billion in funds available for purchasing Bitcoin.

In the current market, the price of Bitcoin has fallen back by nearly 15% to more than $90,000. In this case, whether MicroStrategy will continue to increase its holdings of Bitcoin is also worth paying attention to.

Michael Saylor suggested that if the United States adopts a Bitcoin strategic reserve strategy, it may solve the serious national debt problem and create up to $81 trillion in revenue for the Treasury. He believes that the United States can effectively solve the national debt problem through this strategy in the next few decades.

Last month, Saylor tried to persuade shareholders at Microsoft's shareholders meeting to support the company's purchase of Bitcoin, but most shareholders did not vote in favor. At that time, only 0.98% of shareholders agreed to Microsoft's purchase of Bitcoin, indicating that the shareholders of these cutting-edge technology giants still did not see the prospects of Bitcoin and its future plasticity.

However, this seems to be a good phenomenon, which means that you and I still have more opportunities to lay out in order to earn wealth within our cognition in the Bitcoin market.

In short, I believe that as more and more listed companies, venture capital and large institutions join the Bitcoin hoarding army, Bitcoin's future development prospects and value-added space are very considerable.

💬 Do you think MicroStrategy will continue to increase its holdings of Bitcoin? Can the Bitcoin strategic reserve strategy reverse the situation of US national debt?

#MicroStrategy #比特币战略储备 #美国国债问题 #MichaelSaylor

💰The U.S. Bitcoin Spot ETF has seen a net outflow of funds for 3 consecutive days, while the Ethereum Spot ETF has welcomed its first day of net inflow after two days of net outflow.

According to the latest data from SoSoValue, the Bitcoin Spot ETF experienced a total net outflow of nearly $227 million yesterday, marking three consecutive days of net outflows.

In terms of outflows, Fidelity's Bitcoin Spot ETF FBTC, Grayscale's Bitcoin Trust ETF GBTC, Invesco's Bitcoin ETF BTCO, Bitwise's Bitcoin ETF BITB, and Ark 21Shares' ETF ARKB are the top five, with single-day net outflows of approximately $146 million, $38.39 million, $25.56 million, $23.75 million, and $15.75 million, respectively.

It is noteworthy that BlackRock's Bitcoin Spot ETF IBIT had a net inflow of $31.66 million yesterday, bringing its cumulative net inflow to $37.36 billion.

Currently, the total net asset value of Bitcoin Spot ETFs has reached $105 billion, accounting for 5.70% of Bitcoin's total market capitalization, with a cumulative total net inflow of $35.83 billion.

On the same day, the Ethereum Spot ETF, after two consecutive days of net outflow, saw a total net outflow of nearly $13.1 million yesterday, welcoming its first single-day net inflow.

In terms of inflows, BlackRock's Ethereum Spot ETF ETHA, Fidelity's Ethereum Spot ETF FETH, and Bitwise's Ethereum ETF ETHW achieved net inflows of $89.51 million, $46.37 million, and $0.9637 million, respectively, in a single day.

Meanwhile, Grayscale's Ethereum Trust ETF ETHE had a net outflow of $6.09 million, achieving a cumulative net inflow of $599 million.

Currently, the total net asset value of Ethereum Spot ETFs stands at $12.05 billion, accounting for 2.94% of Ethereum's total market capitalization, with a historical cumulative total net inflow of $2.46 billion.

In summary, the U.S. Bitcoin Spot ETF has experienced net outflows for three consecutive days, while the Ethereum Spot ETF welcomed its first day of net inflow after two days of net outflow. This change in fund flow not only reflects fluctuations in market sentiment but may also imply differing expectations from investors regarding the future trends of the cryptocurrency market.

💬What are your views on the fund flow trends of the U.S. Bitcoin and Ethereum Spot ETFs? Should investors adjust their cryptocurrency investment strategies?

#比特币ETF #以太坊ETF #资金流向

🚀 Elon Musk: I would be "shocked" if Biden does not pardon SBF

In November 2023, Sam Bankman-Fried (SBF) was sentenced to 25 years in prison for seven charges including fraud and embezzlement. However, due to his close ties with politicians, rumors about a possible pardon for him continue to circulate.

As one of the largest donors to the Democratic Party, SBF has close relationships with key political figures, particularly Biden, which leads many to question whether his political influence can play a role in securing a pardon. Musk stated on X that he would be "shocked" if U.S. President Joe Biden does not grant a pardon to the infamous SBF.

This statement aligns with the trending probabilities on prediction platforms regarding a potential pardon. After the news broke, the prediction probability of SBF being pardoned on the PolyMarket platform surged from 4% to 13%, currently stabilizing at 8%, indicating that people increasingly believe SBF's connections with political elites may influence his fate.

At his peak, SBF was hailed as a leading figure in the cryptocurrency industry, having founded FTX in 2019 and quickly turning it into one of the largest exchanges in the world. He established a public image as a tech innovator and committed to social causes, gaining widespread recognition outside the cryptocurrency sphere.

In the 2020 election, SBF donated over $5 million to Biden and the Democratic Party. However, the collapse of FTX exposed an $8 billion hole in customer funds, shaking the financial world. Despite SBF's conviction, there are still speculations that a presidential pardon could help the Biden administration escape this scandal.

Meanwhile, the probability of Biden pardoning Silk Road founder Ross Ulbricht is currently at 10%. Trump had promised to pardon Ulbricht if elected president; Ulbricht was sentenced to life in prison in 2015 for multiple charges including drug trafficking and money laundering.

Some liberals and cryptocurrency advocates view Ulbricht as a symbol of free trade and express dissatisfaction with his harsh sentencing. In contrast, opponents link Silk Road to drug-related deaths and accuse Ulbricht of orchestrating murders to maintain his trading platform.

💬 Do you think SBF will be pardoned? What will happen to Ulbricht? What are your thoughts on the influence of financial tycoons in politics?

#马斯克 #SBF赦免 #乌布利希 #政治影响力

📈 CryptoQuant Analyst: Key Indicators for Ethereum Indicate Potential Uptrend

Recently, analysts at CryptoQuant have been quite optimistic about the future trajectory of Ethereum (ETH) in the coming weeks. They believe that although Ethereum's current performance appears somewhat lackluster, several key indicators suggest that ETH is likely on the brink of an upward trend.

Analyst EgyHash notes that the current funding rates and estimated leverage for Ethereum are performing exceptionally well. This indicates that there is strong confidence among investors in Ethereum. Additionally, Ethereum's high leverage means that investors are willing to take on greater risks for higher returns, which is typically a positive sign.

Moreover, Ethereum's funding rate also shows that bulls are currently in the lead, but it hasn't reached extreme levels, suggesting that there is still room for ETH prices to rise, and there's no need to worry about large-scale liquidations.

EgyHash also mentioned the Korean Premium Index, which is currently positive, indicating that Korean investors are increasingly interested in Ethereum, which is another positive market signal.

Furthermore, Ethereum's fund holdings are steadily increasing, and the U.S. Ethereum ETF market has recently maintained a positive inflow of funds. Large investors and whales are also actively accumulating ETH, with supply demand reaching historical highs, demonstrating growing confidence from both institutions and retail investors in ETH.

Overall, according to CryptoQuant's analysis, the outlook for Ethereum is quite promising. Market participants seem prepared, with the potential for sustained capital inflows into Ethereum and a trend towards increased investment in ETH.

According to data from CoinMarketCap, Ethereum's current price is $3,370, with a 24-hour increase of 2.91%.

💬 What do you think? Do you agree with CryptoQuant's analysis? Are you also looking forward to ETH's upcoming trends? Leave your thoughts and opinions in the comments!

#以太坊 #ETH #加密货币分析 #CryptoQuant

🎉Trump appoints Bo Hines as executive director of the Cryptocurrency Committee

The recent developments of the new administration under Trump are expected to bring new changes to the cryptocurrency field. Bo Hines, a 29-year-old Yale graduate and former football player, was selected to become the executive director of the newly established "Crypto Committee".

Trump announced this major news through his Truth Social social media account, which is also an important step in shaping the new government's attitude towards cryptocurrency and blockchain technology.

Bo Hines will work with "Crypto Tsar" David Sacks, who will serve as the head of the advisory group, and David Sacks was also appointed as the "Crypto Tsar". Their goal is to stimulate the spirit of innovation in the digital asset industry. Trump emphasized that the establishment of this committee is to ensure that the United States maintains technological leadership in a rapidly changing financial environment.

Bo Hines said that it is the honor of his life to serve President Trump during this period, and he looks forward to seeing a strong Bitcoin market, which is crucial to the country's technological progress.

Trump's strategic layout is not just Hines and Sacks. Michael JK Kratsios was also appointed as the director of the White House Office of Science and Technology Policy, Lynne Parker as the executive director of the President's Council of Science and Technology Advisors, and Sriram Krishnan will serve as the senior policy advisor for artificial intelligence.

The establishment of this committee means that the connection between the government and the cryptocurrency field will be closer, promoting innovative standards and open policies. At a time when the cryptocurrency market is volatile, it may bring much-needed stability to the market.

In summary, President Trump's emphasis on blockchain technology and artificial intelligence clearly shows that he will continue to make innovation a core element of US policy in his second term.

With the addition of these heavyweights, the impact of US domestic policies and global technology leadership will gradually emerge in the coming months.

At the same time, the public also has high hopes for Hines and Sacks, and looks forward to their important task of promoting the stability and prosperity of digital asset prices under the leadership of the Trump administration.

💬What do you expect from Hines and Sacks? What changes can the new crypto committee bring to the cryptocurrency field?

#特朗普 #加密货币 #BoHines #加密委员会 #技术进步

🕵 Before and after the Christmas holiday: Bitcoin, Ethereum, and altcoin market sentiment observation

On December 23, Ki Young Ju, founder and CEO of CryptoQuant, shared a set of eye-catching data, pointing out that the total amount of Bitcoin held by ETFs, governments, and MicroStrategy has accounted for 31% of all known Bitcoin holdings, which is higher than 14% last year. Ki Young Ju also emphasized that this 31% is based on data from known Bitcoin holders, not 31% of all Bitcoin.

On the same day, analyst @ai_9684xtpa reviewed the historical performance of Bitcoin during the Christmas holiday and found that in the past five years, except for 2020, the probability of Bitcoin rising within two months after the holiday was as high as 80%. If investors choose to buy the bottom within a week after New Year's Day, the probability of profit is about 60%. Although the market is affected by the flow of BTC ETF funds, the Christmas holiday does not show the threat of "Christmas robbery".

Matrixport analyzed the market performance of Ethereum and other altcoins, pointing out that although the launch of the Ethereum ETF has attracted billions of dollars in inflows, its dominance rate continues to decline, and the market lacks enough positive news to support its rebound. Matrixport predicts that Ethereum investors may need to wait until 2025 for a more favorable market environment, when there may be a new round of upside opportunities.

In addition, Santiment's analysis also posted a post on the same day, pointing out that the cryptocurrency market sentiment quickly turned from bullish to bearish in two weeks, especially after the market value adjustment, and altcoins were significantly affected. However, Bitcoin's attention is recovering, while interest in Meme coins has declined. Santiment believes that this market panic and pessimism are normal in the cycle, and it also provides patient traders with opportunities to invest in market panic.

In summary, these analyses and data have brought us deep insights into the cryptocurrency market. This also reminds us that in a constantly changing market environment, it is crucial to find the right entry time.

💬What do you think of these market dynamics and point of view analysis? Do you think Bitcoin can avoid the threat of "Christmas robbery" this time? Can altcoins usher in a strong recovery in 2025?

#加密市场 #比特币 #以太坊 #山寨币 #市场情绪

🚀SpaceX adopts a stablecoin strategy to mitigate foreign exchange volatility risks💰

Silicon Valley venture capitalist Chamath Palihapitiya revealed on the All-In podcast that SpaceX has implemented a strategy to reduce potential financial losses from international currency exchange rate fluctuations by converting revenue from "long tail countries," which refers to those from so-called "developing countries" or "emerging market countries," into stablecoins.

Starlink, as a wholly-owned subsidiary of SpaceX, provides satellite internet services to customers worldwide. SpaceX is mitigating the risks of foreign exchange fluctuations by converting Starlink's revenue into stablecoins.

Palihapitiya emphasized that stablecoins have the potential to become a primary tool for cross-border transactions in the U.S., gradually phasing out outdated banking infrastructure, which should not be the subject of taxation.

He further pointed out that stablecoin providers, such as Tether and Circle, are fiercely competing with traditional financial institutions in terms of funds storage and transfer services, even competing with payment giants like Mastercard and American Express.

Aaron Levie, CEO of enterprise cloud company Box, also supports this viewpoint, believing that it is reasonable for stablecoins to replace traditional mediums of exchange.

This strategy by SpaceX, along with Musk's preference for cryptocurrencies, also highlights the growing influence of stablecoins in global economic activities.

In summary, SpaceX's strategy not only demonstrates its foresight in financial management but also reflects the increasing influence of stablecoins in global economic activities.

With Tesla's investment in Bitcoin yielding billions in returns and the X platform exploring cryptocurrency payment capabilities, the future of stablecoins is filled with limitless possibilities.

💬 What do you think about SpaceX's strategy of using stablecoins to mitigate foreign exchange risks? Does this indicate that the role of stablecoins in the global financial system will become increasingly important?

#SpaceX #稳定币 #外汇风险 #加密货币 #马斯克

👀Changpeng Zhao talks about the UAE's Bitcoin holdings, sparking heated discussions in the community

Changpeng Zhao, the boss of Binance, recently shared an article on the UAE's Bitcoin holdings on social media X, and wrote that the UAE may have $40 billion worth of Bitcoin.

As soon as the news came out, everyone was furious, especially cryptocurrency lawyer Irina Heaver, who doubted the credibility of the number and felt that it sounded like AI made it up.

In response to everyone's questions, Changpeng Zhao also responded that the number was indeed a bit beyond his expectations, but he felt that considering the large number of rich people in the UAE, the number was reasonable. He also said that although he did promote cryptocurrency in the UAE, he himself could not tell how much of this huge number was his credit.

Changpeng Zhao also mentioned that Dubai has changed a lot from a few crypto companies in 2021 to thousands of blockchain companies now. Dubai's various policies and government efforts have successfully attracted many international crypto companies to do business there.

Now, everyone is discussing the UAE's Bitcoin holdings, which happens to be when the UAE is striving to become a global cryptocurrency center. Although the specific figures have not been confirmed, this topic does make the UAE's influence in the cryptocurrency world more prominent.

In short, in the era of information explosion, the cryptocurrency market is susceptible to rumors and false information, and the anonymity and decentralization of cryptocurrency transactions make information verification more difficult. Investors and market participants should learn to distinguish between truth and falsehood, rely on reliable data sources and professional analysis, rather than blindly follow the trend.

💬Finally, what do you think of the UAE's claim of Bitcoin holdings? Do you think this number is likely to be true? Leave your opinion in the comment section!

#比特币 #阿联酋 #加密货币 #赵长鹏

🕵 The U.S. Bitcoin ETF market experienced consecutive outflows for two days last week, putting market sentiment to the test!

According to data from Farside Investors, the Bitcoin spot ETF market lost $671.9 million on December 19, and the following day, the ETF market lost another $277 million.

Among them, asset management giant BlackRock's Bitcoin ETF (IBIT) saw an outflow of $72.7 million on December 20, marking the largest single-day outflow since its launch in January this year, seemingly ending the inflow momentum of its Bitcoin exchange-traded fund.

On December 19, another issuer, Fidelity's FBTC, also recorded a historic outflow of $208.5 million. Then on December 20, FBTC experienced an outflow of about $71.9 million, resulting in two consecutive days of outflows for the ETF.

This series of outflow events has raised concerns in the market about the prospects of the U.S. spot Bitcoin ETF. However, market observers believe that the outflow of funds may not continue, as Bitcoin has shown signs of rebound and is rising again after the earlier sharp decline.

Despite IBIT and FBTC being among the best-performing exchange-traded funds in the U.S., ranking within the top 25 in asset size just one month after their launch, the consecutive outflow phenomenon may indicate a shift in market sentiment.

Analysts noted that Bitcoin's market trading volume has dropped to $59.5 billion, a 52% decrease compared to last month, which starkly contrasts with the bullish trend in the cryptocurrency market following Trump's election victory.

Last Tuesday, Bitcoin reached a historic high of $108,000 per coin. Currently, Bitcoin is trading at $95,871 per coin, down 4.1% in the past 24 hours, with a total market capitalization of $1.89 trillion.

Analysts believe that the predicament faced by BlackRock and Fidelity should not come as a surprise to traders, as these two international asset management companies account for a significant share of inflows. Consequently, some investors are concerned that recent developments in ETFs may become a turning point, leading to a significant decline in institutional investors' interest in Bitcoin.

In summary, this week, the fund flows of Bitcoin spot ETFs and their potential impact on the spot market remain a focal point of close attention for investors and market analysts.

#比特币ETF #资金流出 #贝莱德IBIT #FidelityFBTC #加密货币市场

👊The U.S. Treasury Department strikes hard to crack down on North Korean cryptocurrency money laundering

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) recently took tough measures to impose sanctions on two individuals and an entity company. These individuals and entities are accused of assisting North Korea in illegal money laundering activities.

Among them, the key figure Sim Hyon Sop was pointed out as an agent of North Korean financial institutions, planning money laundering schemes, including establishing shell companies and managing bank accounts to transfer illegal funds.

In addition, Chinese citizens Lu Huaying and Zhang Jian, who live in the UAE, were accused of facilitating North Korea or its agents since 2022, engaging in facilitating money laundering and cryptocurrency conversion services.

Currently, OFAC has included Lu Huaying, Zhang Jian and their UAE subsidiary Green Alpine Trading, LLC on the sanctions list, accusing them of supporting Sim's illegal activities.

Bradley Smith, acting undersecretary of the U.S. Treasury Department for terrorism and financial intelligence, said that North Korea uses complex criminal schemes to fund its weapons of mass destruction and ballistic missile programs. The U.S. Treasury Department will continue to disrupt the networks that fund the North Korean regime and work with the UAE and international partners to continue to crack down on financial networks that fund North Korea's "sabotage activities."

North Korean hackers have been accused of large-scale cryptocurrency thefts, causing serious damage to the industry. Related incidents include ZachXBT claiming in August that it hacked into 25 projects and stole $1.3 million; North Korean hackers associated with the Lazarus Group in October used loopholes to steal wallet credentials using fake NFT games; South Korean police confirmed in November that their organization planned the 2019 cryptocurrency robbery; and Radiant Capital recently confirmed that a hacker group associated with North Korea in October 2024 carried out a $50 million hacking attack on its DeFi platform.

However, in the face of these allegations, North Korea has always firmly opposed them, claiming that these so-called "sabotage activities" and "hacking attacks" by the United States are unwarranted accusations and a political manipulation by the United States.

💬Finally, what do you think of these US sanctions and North Korean hacker accusations? Do you think these measures can effectively curb illegal money laundering activities?

#美国制裁 #朝鲜黑客 #加密货币盗窃 #金融网络打击

💰 Michael Saylor: MicroStrategy's profit potential under the new accounting is expected to drive its inclusion in the S&P 500

MicroStrategy founder Michael Saylor recently gave an interview. Although he did not directly say whether they would be included in the S&P 500, he was confident about the company's future prospects.

He said that with the implementation of new accounting rules in 2025, MicroStrategy may be expected to bring in billions of dollars in potential quarterly net income from its Bitcoin holdings.

As of December 15, MicroStrategy held 439,000 Bitcoins, with a total value of more than $45 billion, accounting for about 2% of the total supply of Bitcoin.

Although MicroStrategy's traditional software business is not large, the new accounting rules allow them to calculate their Bitcoin holdings at market value when the value of Bitcoin rises, so that they can see real profit growth on the books in their quarterly reports.

Although MicroStrategy will be officially included in the Nasdaq 100 Index on December 23, triggering buying in related indexes. At the same time, according to Bloomberg analysts, the company will receive a 0.47% weight and is expected to attract about $2.1 billion in passive capital inflows. But there is still a view that the company is still less likely to be included in the S&P 500 Index.

The S&P 500 Index Committee has strict standards when selecting members, and will consider factors such as profitability and market value. However, Saylor believes that with the implementation of the new rules, MicroStrategy's profitability is expected to increase significantly. In this way, MicroStrategy's chances of being selected by the S&P 500 Index will be greatly increased.

Overall, Saylor is confident about MicroStrategy's prospects. He believes that the new accounting rules will enable companies to more accurately reflect the market value of Bitcoin in their financial statements, which is a major benefit for MicroStrategy. In addition, this change could lay a solid foundation for the company to be included in the S&P 500 index by June 2025.

💬 What do you think of MicroStrategy's future development? Do you think it will be included in the S&P 500 index? Leave your opinions and views in the comment section!

#MicroStrategy #比特币 #标普500指数 #纳斯达克100指数