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Important news on December 23:
1. The cautious policy outlook of the Federal Reserve has dampened optimism in the cryptocurrency market. On December 27, the largest options expiration event in cryptocurrency history will occur, which may exacerbate price volatility.
2. The U.S. House of Representatives has finally passed a short-term government spending bill with an overwhelming advantage of 366 votes in favor and 34 votes against. The funding duration has been extended from Friday night to mid-March next year. The latest bill is almost identical to the one that failed to pass in the House on Thursday, but it removed the section regarding the debt ceiling, which is the part that Trump had called for. Previously on Thursday, Trump stated that he wanted Congress to completely eliminate the debt ceiling, but subsequently, the new bill supported by Trump failed to pass, receiving 174 votes in favor and 235 votes against.
3. MicroStrategy purchased 27,200 BTC on November 10, 2024, at approximately $74,000 each. On November 17, MicroStrategy purchased another 51,780 BTC, and then on November 24, it purchased 55,500 BTC at approximately $97,000 each, setting a record for the largest BTC purchase ever.
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Current price entry $PEPE