Decrypt的动态

Solid round up of digital assets today. To think stablecoin providers are 18th largest holder of US debt, and hold more USTs than Germany or South Korea? Great article Samuel Lyman Trump Sparks Talks Of Bitcoin As A Strategic Reserve Asset via @forbes

Our latest blog explores the fascinating potential of Bitcoin as a strategic reserve for the U.S. Treasury. We examine global perspectives from countries like El Salvador and Germany, insights from influential financial experts, and the implications of a possible announcement from Trump at the upcoming Bitcoin 2024 conference in Nashville. Join us in discussing the future of finance! ???? https://brnw.ch/21wLuKS

Case study: Great crisis management strategy. We should mitigate these high risks investment at the beginning or didn't get involved. ERM should be there. High return high risk, you know. Still trust bitcoin and the exchanges? #dannyharemark BlackRock Reveals It’s Quietly Preparing For A $35 Trillion Federal Reserve Dollar Crisis With Bitcoin—Predicted To Spark A Sudden Price Boom

‘10:1’ odds against US Bitcoin strategic reserve by 2028: BlockTower Capital BlockTower Capital CIO Ari Paul is prepared to “lay 10:1” against the possibility of the US creating a Bitcoin strategic reserve in the next four years. The idea of the United States government holding a Bitcoin strategic reserve may be "bullish" for its price, but it is unrealistic to actually come to fruition in the near term, according to Ari Paul, chief information officer at BlockTower Capital. “I’d lay 10:1 against the US adding Bitcoin as a strategic reserve in the next 4 years,” Paul wrote in a July 18 X post. “With that said, plausible to me that Trump might *say* it, which would be very bullish for the BTC medium time frame,” he added, amid traders pointing out the struggle that Bitcoin?BTC tickers down $66,663?has had reclaiming the $65,000 price level as support in recent times. Paul further explained that while it may be possible that the next president says they "don't intend to sell" any of the government's current Bitcoin holdings, it doesn't mean they're actually "establishing a Bitcoin Strategic Reserve." “What counts as a declaration? An off-the-cuff statement by Trump? An executive order? The US gov confiscates Bitcoin in an ongoing way already," he added. A strategic reserve is a store of resources kept by governments for emergencies or unexpected events. For example, the US government holds the largest supply of emergency crude oil, the "Strategic Petroleum Reserve," which is held to reduce the effects of potential oil supply problems. Link + https://lnkd.in/d5PiE2TM

Following Trumps landslide victory, the cash market got a jolt. As a result, the Crypto market has seen prices surge with Bitcoin finally hitting 80K. While Cardano has seen more than 70% rally in 7 days. There is optimism that SEC head, Gary Gensler will be fired once Trump enters office, as he has claimed he would do. Along with promise to make America the leading nation in Crypto innovations. Gary Gensler has been instrumental in killing investment in the Crypto domain by going after projects and bankrupting them, by charging them with illegal operation based on his cooked up ideas what is an asset, or commodity or a service. Moreover when asked by what regulation the SEC (mainly him) is making this judgment call, projects are always met with silence. As a result, these projects are unable to defend themselves in court. It's high time Gary exited his position at the SEC. Hopfully he has nothing to do with the regulations of Crypto, which has been stalled during his tenure. The currency market has also see a surge in the USD and dollar index. At the sametime GOLD and metals market have taken it on the chin and have given up big gains. Meanwhile miners in the gold sector have been horrible investment since they failed to capture any of the market rally for Gold Futures, and not seeing losses for metals bag holders. The S&P index has just hit a new high of 6000, the Dow index has been on a rally higher leading both the S&P and Nasdaq. The Nasdaq has been lagging and unable, for now to rally. It has seen selling pressure with some sideways market movements, as the AI hype is cooling to see more profits and Semis seem to be over valued currently.

Bitcoin is about to go on the bull run of the century. Today it crossed $80k for the first time. By New Years it will be over $100k. And by 2025 it will be over $300k. By 2035 I could see it reaching as much as $10 million or more. From a technical perspective, during the last two halving cycles, Bitcoin never touched the lows of election week again. It is happening again.?Nearly identical setup and pattern. Cycles and history repeat themselves. Bitcoin will never go below 70k again. Likely to 4-5x within next year if history repeats itself. Not rocket science here. And unlike previous halving cycles, Bitcoin is likely to have a much more extended bull run than previous cycles which normally only lasted a year. There is simply not going to be the supply to allow for year downturns when the central banks, governments, institutions, and companies all begin accumulating Bitcoin in mass. The US government is going to start accumulating a strategic Bitcoin Reserve during this presidency, and will likely buy 1 million Bitcoin, which will be 5% of the supply. Game theory will be fascinating to watch play out and every other country will be forced to respond. What will ensue is a digital gold race between countries and world powers. Not to mention what is already occurring between individual companies, particularly MicroStrategy. Over the past 4 years, Michael Saylor, executive chairman of MicroStrategy, has changed his company from a struggling software firm to a company that borrows money to buy Bitcoin. What has ensued is a massive explosion of his stock, with it outperforming Nvidia over the past 5 years. He promises to buy $42 Billion worth of Bitcoin over the next 3 years. His company already owns over 1% of the total supply of Bitcoin. Other companies are going to see Saylor's success, and they might not be able to replicate his plan fully, but they will at least start accumulating some Bitcoin. This will lead to a massive appreciation of the Bitcoin price. Long story short, I believe no one is prepared for this bull run and what is to come. None of this is financial advice and I hope you think deeply about your own financial decisions. This post is meant to only be used for educational purposes.

Analysts saw an additional factor of bitcoin price growth The other day the SEC approved the first in the history of the USA options on units of exchange-traded funds (ETFs) for bitcoins. CrypoQuant analysts believe that the launch of options on bitcoin-ETF units in the United States is a new factor for bitcoin price growth. At the same time, the expert community in the discussion of this issue has different interpretations of what is happening. Recall that the other day the Securities and Exchange Commission (SEC) in the United States for the first time in American history approved the circulation of option contracts on bitcoin-ETF units. Bitcoin-ETFs themselves appeared on January 11 of this year, and now options are also allowed. BlackRock, the largest investment fund in the world, was the first to receive permission to work with such financial derivative instruments (derivatives). Before that, in the United States, it was possible to trade options on ETF units based not on bitcoins themselves, but on bitcoin futures. In particular, such BITO instruments are traded on the Nasdaq exchange, and these are SEC-regulated instruments. It is also worth noting that prior to the SEC's authorization to trade options on bitcoin-ETF units, contracts similar in functionality began trading and are still in circulation on various trading venues, including DeFi. In discussing the impact of the SEC's decision on the bitcoin market, it is important to clarify the following point. Options on bitcoin-ETF units are not the same as options on bitcoins themselves. The latter contracts are not yet in a regulated field in the US. Thus, the launch of options trading on bitcoin-ETF units only indirectly affects the demand for bitcoins. Especially since the options themselves may or may not be exercised, depending on the market situation. On the other hand, the very fact that the bitcoin market is “overgrown” with regulated derivatives, which are customary for classical players in the U.S. financial sector, will certainly encourage more investments in this area by institutional investors.

Analyzing Trump’s Bitcoin Boost: It’s a blend of technical analysis, fundamentals, and probabilities that shape price action, with both Bullish and Bearish scenarios always in play. Amidst a resilient recovery from an assassination attempt, Donald Trump’s presidency could unexpectedly boost Bitcoin into 2025. His strong endorsement of Crypto innovation, reflecting an anti-establishment stance, promises deregulation that may foster its growth as a hedge against economic uncertainty. As Trump reshapes politics, his support could drive Bitcoin’s price amidst global economic shifts and investor sentiment. Consider these factors for Bitcoin’s potential in 2024-2025, while ensuring a strategy that safeguards personal financial security amid potential market corrections in a bull run. Other factors to consider are as follows. Halving Event:?took place April 2024 and historically triggers price increases. Scarcity and Inflation Rate:Bitcoins inflation rate drops to .085% highlighting scarcity and demand from investors. Institutional Investment:?Spot BTC ETFs encourage institutional investment. Historical Performance:?Post-halving years typically see significant gains. Growing Adoption:?Bitcoin’s increasing mainstream acceptance solidifies value and integration into the financial systems. Trends:?Currently Bitcoin is in an upward trend on the higher time frame and can be monitored?to confirm continuation. No one can predict the future, always have a plan and protect your capital with risk management. Bitcoin (BTC) 1W Bullish Case: Held?S3 support at 53.5K?and?reclaimed 56.5K, confirming?April '24?range and wick low. RSI?bounced back attempting to rally. Reclaimed?S1?so far, waiting for confirmation. Potential for new highs?but watch overhead resistance and 5.3 Theory. Bearish Case: Bearish 2M candle?pressure persists. Approaching?R1?and downward channel line resistance. RSI?fell to a very low level which warns of potential bearish divergence on this rally.