The aggregated size of Bitcoin treasuries held by public and private companies has grown from 197K BTC to 1.08M BTC, a ~448% increase since January 2023.
Corporate balance sheets are becoming an increasingly significant pillar of demand for $BTC
๐ฅ U.S.-China tech relations get a lift as former President Trump announces a policy permitting Nvidia to sell H200 products to approved Chinese customers.
In exchange, 25% of the sales revenue will support the U.S. This approach will also extend to AMD and Intel regarding their chip sales in China.
๐ Ukrainian President Volodymyr Zelensky stated that new peace plan proposals will be submitted to the United States on December 9, according to RTRS.
Many people were assuming that institutionals might have changed the classic 4-year cycle that we all get used to in crypto.
However, times proves this guess was completely wrong. At the end of the current cycle Bitcoin is breaking crucial supports one by one and entering a bear market. The same happened back in the end of 2021.
At the moment $BTC is forming an ascending channel with the top near $100,000 - $104,000, you can see a clear Right Shoulder of H&S in this move.
๐ Something similar happened in the beginning of 2022. A long and heavy dump appeared afterwards, we await one now as well. The bottom should be around previous accumulation zone (above $55,000, mainly above $60,000).
A new statue of Satoshi Nakamoto now stands inside the New York Stock Exchange. ๐ช
This isnโt just art - itโs a statement. Twenty One Capital plans to install 21 statues worldwide in symbolic locations, honoring the creator ofย $BTCย and the movement that challenged traditional finance. #BTC #satoshiNakamato
The Federal Reserve has cut interest rates by 0.25%, exactly in line with market expectations.
No surprises - analysts had fully priced in this move, so the initial market reaction remains muted. $BTC is currently trading at $90,017, holding steady despite the announcement.
$XRP has a maximum supply of 100 billion tokens, with about 59 billion already in circulation. As the remaining supply enters the market, price could face downward pressure unless demand grows significantly.
While higher valuations in the long term are possible, they depend on adoption, utility, and overall market conditionsโnot just community support. Personally, I see $BTC as a more reliable long-term investment.