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El Salvador Ambitious to Acquire 20 Thousand Bitcoins
@everyone
El Salvador's Senior Bitcoin Advisor Max Keiser said his country will acquire more Bitcoins, targeting 20 thousand coins, as quoted by BTC Archive on social media X, Saturday (12/21) night. This target is 3 times more than the Bitcoins El Salvador currently owns.
This target is considered quite ambitious because the Central American country still faces various challenges. One of them comes from the International Monetary Fund (IMF) which is pressuring El Salvador not to be too aggressive in implementing Bitcoin policies in its financial system.
Even so, the country is known to have pocketed a profit of up to US$165 million thanks to its ownership of 6,204 Bitcoins since 2021. Quoted from NayibTracker, the average price of El Salvador's Bitcoin is US$44 thousand, in other words, the profit has reached 116% to date.
If this plan is realized, the competition between countries to acquire Bitcoin will be even tighter. Because, there are many countries that have started collecting Bitcoin, such as Bhutan to Argentina, which have already mined using instruments owned by their countries.
#BtcNewHolder $BTC
@everyone
El Salvador's Senior Bitcoin Advisor Max Keiser said his country will acquire more Bitcoins, targeting 20 thousand coins, as quoted by BTC Archive on social media X, Saturday (12/21) night. This target is 3 times more than the Bitcoins El Salvador currently owns.
This target is considered quite ambitious because the Central American country still faces various challenges. One of them comes from the International Monetary Fund (IMF) which is pressuring El Salvador not to be too aggressive in implementing Bitcoin policies in its financial system.
Even so, the country is known to have pocketed a profit of up to US$165 million thanks to its ownership of 6,204 Bitcoins since 2021. Quoted from NayibTracker, the average price of El Salvador's Bitcoin is US$44 thousand, in other words, the profit has reached 116% to date.
If this plan is realized, the competition between countries to acquire Bitcoin will be even tighter. Because, there are many countries that have started collecting Bitcoin, such as Bhutan to Argentina, which have already mined using instruments owned by their countries.
#BtcNewHolder $BTC
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3 days left to get the reward from the sending campaign on the platform #Binance
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3 days left to get the reward from the sending campaign on the platform #Binance
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BTC, BNB, and XRP: Latest Cryptocurrency Market Trends and Outlook
#BtcNewHolder #bnb #btc #XRPUSDT๐จ
Here is a recent update on cryptocurrencies Bitcoin (BTC), Binance Coin (BNB), and XRP:
Bitcoin (BTC)
Bitcoin continues its march toward $100,000, supported by significant inflows into Bitcoin spot ETFs in the United States. On November 29, net inflows of $182.5 million were recorded, reflecting increased interest from institutional investors. The election of Donald Trump and the prospect of more favorable regulation for cryptocurrencies have also boosted investor confidence.
Binance Coin (BNB)
BNB is currently trading around $722, showing notable bullish momentum. Analysts are anticipating a continuation of this trend, with potential targets between $1,000 and $1,600,760,765,044,67 by 2025. However, some remain cautious about a more significant increase in the near term.
XRP
On November 29, XRP saw a significant increase of 16.91%, reaching $1.80. This increase is attributed to the approval by the New York State Department of Financial Services (NYDFS) of Rippleโs RLUSD, a dollar-backed stablecoin. This approval could facilitate Rippleโs expansion into the US remittance market and boost investor confidence.
Please note that the cryptocurrency market is extremely volatile. It is therefore recommended to consult reliable sources and exercise caution before making any investment decision.
#BtcNewHolder #bnb #btc #XRPUSDT๐จ
Here is a recent update on cryptocurrencies Bitcoin (BTC), Binance Coin (BNB), and XRP:
Bitcoin (BTC)
Bitcoin continues its march toward $100,000, supported by significant inflows into Bitcoin spot ETFs in the United States. On November 29, net inflows of $182.5 million were recorded, reflecting increased interest from institutional investors. The election of Donald Trump and the prospect of more favorable regulation for cryptocurrencies have also boosted investor confidence.
Binance Coin (BNB)
BNB is currently trading around $722, showing notable bullish momentum. Analysts are anticipating a continuation of this trend, with potential targets between $1,000 and $1,600,760,765,044,67 by 2025. However, some remain cautious about a more significant increase in the near term.
XRP
On November 29, XRP saw a significant increase of 16.91%, reaching $1.80. This increase is attributed to the approval by the New York State Department of Financial Services (NYDFS) of Rippleโs RLUSD, a dollar-backed stablecoin. This approval could facilitate Rippleโs expansion into the US remittance market and boost investor confidence.
Please note that the cryptocurrency market is extremely volatile. It is therefore recommended to consult reliable sources and exercise caution before making any investment decision.
CRYPTO MECHANIC
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Are you farming BIO?
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Can I follow you? Thank you to everyone who followed me. I love you all very much.
$BTC
#BtcNewHolder
$BTC
#BtcNewHolder
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#MarketRebound FTX Token Price Analysis for Today (Dec 24, 2024)
The current price of FTX Token (FTT) is $3.22 , the price is down -3.53% in the last 24 hours. FTT is currently listed on 27 exchanges , and a total of 18,673,010 FTT coins have been traded in the last 24 hours, accounting for $60,058,520 in trading volume. $PHA $BTC
Today, FTX Token (FTT) opened at $3.36. It is down -4.26% from the opening price. Despite the rally to $3.36, FTX Token (FTT) encountered resistance and failed to maintain the momentum to move higher. From the highest price in the last 30 and 7 days, its value has decreased by -23.06% and -2.36% , while from the lowest price recorded in the same period of time, it has increased by 49.45% and 27.94%.
According to our analysis, FTT needs to remain above $2.05 to potentially move towards the first major resistance level at $3.44. A break above $3.44 could lead to FTT rising to the next resistance level at $5.35. The third resistance is at $21.12. #BtcNewHolder #2025Outlook
The current price of FTX Token (FTT) is $3.22 , the price is down -3.53% in the last 24 hours. FTT is currently listed on 27 exchanges , and a total of 18,673,010 FTT coins have been traded in the last 24 hours, accounting for $60,058,520 in trading volume. $PHA $BTC
Today, FTX Token (FTT) opened at $3.36. It is down -4.26% from the opening price. Despite the rally to $3.36, FTX Token (FTT) encountered resistance and failed to maintain the momentum to move higher. From the highest price in the last 30 and 7 days, its value has decreased by -23.06% and -2.36% , while from the lowest price recorded in the same period of time, it has increased by 49.45% and 27.94%.
According to our analysis, FTT needs to remain above $2.05 to potentially move towards the first major resistance level at $3.44. A break above $3.44 could lead to FTT rising to the next resistance level at $5.35. The third resistance is at $21.12. #BtcNewHolder #2025Outlook
#BitwiseBitcoinETF
$BTC
#BtcNewHolder
Bitcoin (BTC) future outlook is influenced by various factors:
*Technical Factors*
1. *Chart patterns*: Breakouts, reversals, and trends.
2. *Moving averages*: Short-term (50-day) and long-term (200-day) averages.
3. *Relative Strength Index (RSI)*: Measures overbought/oversold conditions.
*Fundamental Factors*
1. *Adoption*: Growing institutional investment and mainstream acceptance.
2. *Regulation*: Clear guidelines and licensing.
3. *Security*: Improving wallet and exchange safety.
4. *Scalability*: Upgrades like Lightning Network and SegWit.
5. *Global economic conditions*: Inflation, interest rates, and geopolitical tensions.
*Market Sentiment*
1. *Fear and Greed Index*: Measures investor emotions.
2. *Social media sentiment*: Market buzz and community enthusiasm.
3. *Whale activity*: Large investors' movements.
*Predictions and Projections*
1. *Short-term volatility*: Price swings due to market sentiment.
2. *Long-term potential*: Possible growth driven by adoption and scarcity.
3. *Price targets*: Varied predictions from analysts and experts.
*Expert Forecasts*
1. *Bloomberg Intelligence*: $100,000+ by 2025.
2. *Tom Lee (Fundstrat)*: $40,000-$100,000.
3. *John McAfee*: $1 million by 2027.
*Important Considerations*
1. *Risk management*: Set stop-loss orders and diversify.
2. *Research*: Stay updated on market news and analysis.
3. *Consult experts*: Seek professional advice.
4. *Regulatory compliance*: Ensure legal compliance.
Remember, cryptocurrency markets are highly unpredictable. Always consult reputable sources and consider multiple perspectives before making investment decisions.
$BTC
#BtcNewHolder
Bitcoin (BTC) future outlook is influenced by various factors:
*Technical Factors*
1. *Chart patterns*: Breakouts, reversals, and trends.
2. *Moving averages*: Short-term (50-day) and long-term (200-day) averages.
3. *Relative Strength Index (RSI)*: Measures overbought/oversold conditions.
*Fundamental Factors*
1. *Adoption*: Growing institutional investment and mainstream acceptance.
2. *Regulation*: Clear guidelines and licensing.
3. *Security*: Improving wallet and exchange safety.
4. *Scalability*: Upgrades like Lightning Network and SegWit.
5. *Global economic conditions*: Inflation, interest rates, and geopolitical tensions.
*Market Sentiment*
1. *Fear and Greed Index*: Measures investor emotions.
2. *Social media sentiment*: Market buzz and community enthusiasm.
3. *Whale activity*: Large investors' movements.
*Predictions and Projections*
1. *Short-term volatility*: Price swings due to market sentiment.
2. *Long-term potential*: Possible growth driven by adoption and scarcity.
3. *Price targets*: Varied predictions from analysts and experts.
*Expert Forecasts*
1. *Bloomberg Intelligence*: $100,000+ by 2025.
2. *Tom Lee (Fundstrat)*: $40,000-$100,000.
3. *John McAfee*: $1 million by 2027.
*Important Considerations*
1. *Risk management*: Set stop-loss orders and diversify.
2. *Research*: Stay updated on market news and analysis.
3. *Consult experts*: Seek professional advice.
4. *Regulatory compliance*: Ensure legal compliance.
Remember, cryptocurrency markets are highly unpredictable. Always consult reputable sources and consider multiple perspectives before making investment decisions.
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#BtcNewHolder
The $100 XRP Dream: Crushed? The Real Price Limits
The $100 XRP Dream: Crushed? The Real Price Limits
The $100 XRP Dream: Crushed? The Real Price Limits
For years, XRP enthusiasts have clung to the dream of a $100 price tag. The idea of Rippleโs native token skyrocketing to triple digits is tantalizing, promising unimaginable wealth to early adopters. But is this dream realistic, or are we setting ourselves up for disappointment? Letโs break it down.
$XRP
Understanding XRPโs Fundamentals ๐
XRP was designed as a bridge currency for cross-border payments. Unlike Bitcoin, which aims to be digital gold, XRPโs primary use case is improving the speed and cost-efficiency of international money transfers. Ripple, the company behind XRP, has partnered with financial institutions worldwide to integrate its technology into global payment systems.
But does this utility justify a $100 valuation? Letโs analyze.
Market Cap Matters ๐น
To reach $100, XRPโs market cap would need to exceed $5 trillion, assuming its circulating supply remains constant. For perspective:
The entire cryptocurrency market cap currently hovers around $1.2 trillion.The U.S. GDP in 2023 was approximately $26.7 trillion.
A $5 trillion valuation would mean XRP dominates the global financial landscape, dwarfing even Bitcoinโs peak market cap.
Barriers to the $100 Dream ๐ง
Supply Dynamics
XRP has a total supply of 100 billion tokens. Unlike Bitcoinโs deflationary model, XRPโs large supply makes it harder to achieve high per-unit prices.Regulatory Challenges โ๏ธ
Ripple has faced legal scrutiny, including its ongoing battle with the SEC. While recent rulings have been favorable, regulatory uncertainty continues to loom over XRPโs future.Adoption vs. Speculation
XRPโs price is heavily influenced by speculative trading rather than widespread adoption. Until real-world usage drives demand, price growth will remain limited.Competition in Payments ๐ฆ
Ripple isnโt the only player in the cross-border payment space. SWIFT, Stellar (XLM), and other blockchain projects are vying for dominance, diluting XRPโs potential market share.
What Could Drive XRP Higher? ๐
While $100 may be far-fetched, significant price appreciation isnโt impossible. Hereโs what could help XRP climb:
Mass Adoption: If Rippleโs technology becomes the global standard for cross-border payments, demand for XRP could soar.Regulatory Clarity: A favorable global regulatory framework could boost investor confidence.Scarcity Measures: Increased token burns or reduced supply could drive up the price.
The Realistic Price Ceiling ๐
Experts suggest a more realistic price target for XRP lies between $10 and $20, assuming widespread adoption and favorable market conditions. While this may not fulfill the $100 dream, it still represents substantial growth from current levels.
Conclusion: A Dream Deferred? ๐ค
The $100 XRP dream is an exciting prospect, but the reality is far more grounded. While XRP has immense potential, achieving such a valuation requires overcoming significant economic and logistical hurdles.
For now, itโs wise to view XRP as a long-term play rather than a get-rich-quick scheme. Keep your expectations realistic, stay informed, and remember: in crypto, patience often pays off.
#XRP #CryptoInvesting #Ripple #XRPCommunity #CryptocurrencyInsights
$XRP
Understanding XRPโs Fundamentals ๐
XRP was designed as a bridge currency for cross-border payments. Unlike Bitcoin, which aims to be digital gold, XRPโs primary use case is improving the speed and cost-efficiency of international money transfers. Ripple, the company behind XRP, has partnered with financial institutions worldwide to integrate its technology into global payment systems.
But does this utility justify a $100 valuation? Letโs analyze.
Market Cap Matters ๐น
To reach $100, XRPโs market cap would need to exceed $5 trillion, assuming its circulating supply remains constant. For perspective:
The entire cryptocurrency market cap currently hovers around $1.2 trillion.The U.S. GDP in 2023 was approximately $26.7 trillion.
A $5 trillion valuation would mean XRP dominates the global financial landscape, dwarfing even Bitcoinโs peak market cap.
Barriers to the $100 Dream ๐ง
Supply Dynamics
XRP has a total supply of 100 billion tokens. Unlike Bitcoinโs deflationary model, XRPโs large supply makes it harder to achieve high per-unit prices.Regulatory Challenges โ๏ธ
Ripple has faced legal scrutiny, including its ongoing battle with the SEC. While recent rulings have been favorable, regulatory uncertainty continues to loom over XRPโs future.Adoption vs. Speculation
XRPโs price is heavily influenced by speculative trading rather than widespread adoption. Until real-world usage drives demand, price growth will remain limited.Competition in Payments ๐ฆ
Ripple isnโt the only player in the cross-border payment space. SWIFT, Stellar (XLM), and other blockchain projects are vying for dominance, diluting XRPโs potential market share.
What Could Drive XRP Higher? ๐
While $100 may be far-fetched, significant price appreciation isnโt impossible. Hereโs what could help XRP climb:
Mass Adoption: If Rippleโs technology becomes the global standard for cross-border payments, demand for XRP could soar.Regulatory Clarity: A favorable global regulatory framework could boost investor confidence.Scarcity Measures: Increased token burns or reduced supply could drive up the price.
The Realistic Price Ceiling ๐
Experts suggest a more realistic price target for XRP lies between $10 and $20, assuming widespread adoption and favorable market conditions. While this may not fulfill the $100 dream, it still represents substantial growth from current levels.
Conclusion: A Dream Deferred? ๐ค
The $100 XRP dream is an exciting prospect, but the reality is far more grounded. While XRP has immense potential, achieving such a valuation requires overcoming significant economic and logistical hurdles.
For now, itโs wise to view XRP as a long-term play rather than a get-rich-quick scheme. Keep your expectations realistic, stay informed, and remember: in crypto, patience often pays off.
#XRP #CryptoInvesting #Ripple #XRPCommunity #CryptocurrencyInsights
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#2024withBinance #BtcNewHolder en moto
My Assets Distribution
USDT
NOT
Others
76.34%
12.90%
10.76%
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#BtcNewHolder
BTC Rise is an Unprecedented Event
Next year will witness an extraordinary movement towards digital currencies, especially BTC
BTC Rise is an Unprecedented Event
Next year will witness an extraordinary movement towards digital currencies, especially BTC
The US Department of the Treasury and IRS have finalized broker rules for digital asset service providers, requiring brokers, including DeFi protocols, to perform Know-Your-Customer (KYC) procedures and report sales, exchanges, and user activity. The rules, effective from Jan. 1, 2025, with DeFi-specific obligations starting in 2027, extend to all digital assets, including NFTs and stablecoins, despite industry pushback.
Critics argue that the rules exceed Treasury's authority and predict legal challenges, with possible Congressional review. Limited relief is offered during a transition period, and some transactions like staking, lending, and wrapping are temporarily excluded. Future IRS guidance will address additional complexities in DeFi.
#BtcNewHolder
Critics argue that the rules exceed Treasury's authority and predict legal challenges, with possible Congressional review. Limited relief is offered during a transition period, and some transactions like staking, lending, and wrapping are temporarily excluded. Future IRS guidance will address additional complexities in DeFi.
#BtcNewHolder
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#BtcNewHolder One of the most beautiful action movies of this year and I think one of the most beautiful in the last ten years of Indonesian production!! The Shadow Strays 2024.
I mean, I only watched half of the movie and decided to recommend it directly. There is an incredible amount of effort in filming the fighting scenes. All the effects and movements are calculated by the mile and the production is much higher than American production.
A 17-year-old assassin is suspended from work due to a poorly done mission in Japan. She meets 11-year-old Monji, who lost his mother, and sets out to save him.
The movie is unfortunately not for families.
#Movie_Recommendations_For_You
I mean, I only watched half of the movie and decided to recommend it directly. There is an incredible amount of effort in filming the fighting scenes. All the effects and movements are calculated by the mile and the production is much higher than American production.
A 17-year-old assassin is suspended from work due to a poorly done mission in Japan. She meets 11-year-old Monji, who lost his mother, and sets out to save him.
The movie is unfortunately not for families.
#Movie_Recommendations_For_You
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In my opinion, there is no expert in cryptocurrencies.. because in these few years.. they have become fluctuating between decline.. and rise... due to the instability of global conditions.. in all countries and the changes that have occurred and are still occurring.. but if there is stability, that depends on the countries that dominate the global trade market.. and you can imagine that by going back to memory to what came before, the conditions were almost average and good, and after the rapid changes, the entire global economy was brought down.. in other words, there is no experience or stability.. and cryptocurrencies will be at the top of the pyramid in global markets and trade all over the world... it is a war or we call it a currency trade war.. it will be relied upon by most major countries... to manipulate trade and financial and commercial markets.. not to bring some down some.
#BtcNewHolder
#BTCโ๏ธ
$BTC $ETH
#BtcNewHolder
#BTCโ๏ธ
$BTC $ETH
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