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After successfully predicting the surge of Bitcoin (BTC) to break a new record around US$126,000, market participants also previously forecasted the government shutdown of the United States (US) on October 1, which turned out to be accurate.

Interestingly, market participants on Polymarket are now shifting their focus to the next target, Aster (ASTER). They believe that Aster has the potential to set a new all-time high (ATH) before the end of the year, with the probability already reaching 73%.

According to data from CoinMarketCap, the current price of Aster is at US$1.95 after plummeting 19.34% from its all-time high of US$2.42. Nevertheless, market confidence remains high that the bullish trend will return soon.

This optimism is further strengthened by Binance's official launch of a new financial product for Aster. With this integration, users can now purchase ASTER using credit cards, trade it through new pairs, and participate in the Simple Earn program on the Binance platform.

SpaceX, the space company owned by Elon Musk, reportedly still holds around 8,285 Bitcoin (BTC) with a total value that has now reached US$1.01 billion, according to Arkham Intelligence on Wednesday (08/10).

However, an interesting fact emerges from SpaceX's old ownership records. In early February 2021, the company actually held 25,724 Bitcoin, before ultimately selling 17,439 pieces or about 68% of its total assets in September 2024.

If SpaceX had chosen to retain all of its Bitcoin holdings until now, the profits it could have gained would be much larger.

This is because, with the price of Bitcoin now at around US$122,000 per coin, having skyrocketed 200% since the initial purchase, the company has the potential to rake in profits of up to US$3.1 billion or equivalent to Rp52 trillion.

Nevertheless, the decision to sell the majority of its Bitcoin in the past seems to have been a well-calculated business strategy.

Now, with the remaining holdings still valued fantastically, SpaceX remains the 4th largest private corporation that has successfully capitalized on opportunities in the digital asset market, especially Bitcoin, according to BitcoinTreasuries.

The memecoin sector collapsed, led by Dogecoin (DOGE) with a decrease of 8.21% to US$0.2450 in today's trading, Wednesday (08/10). In fact, the token had previously surged to a level of US$0.2698 yesterday.

This decline occurred after the crypto market collectively corrected, with Bitcoin dropping 3% from its all-time high, valued at US$121,000.

Corrections in the memecoin market also occurred with Fartcoin (FARTCOIN) down 13% to US$0.6281, Pepe (PEPE) down 7.82% to US$0.00001219, and Shiba Inu (SHIB) down 5.39% to US$0.00001209.

Meanwhile, Floki (FLOKI) experienced a smaller decline of 5.87% to US$0.0009657.

Tokens related to the President of the United States, Donald Trump, also did not escape the decline, dropping by 4.82%, now priced at US$7.53. This means that the token has fallen about 83% from its all-time high reached after Trump was inaugurated last January.

if $ETH this resistance breaks there is a possibility $ETH returns to $4200

$PUMP Very Strong During Market Correction Guys 🤑🤑

Ferrari has now officially opened the door for crypto millionaires to purchase their luxury sports cars using digital assets such as Bitcoin (BTC), Ethereum (ETH), and stablecoin USDC.

This new policy applies in the United States through a partnership with payment processing company BitPay, which will convert crypto into fiat currency for Ferrari dealers.

Ferrari's Chief Marketing and Commercial Officer Enrico Galliera stated that this move is aimed at reaching a new generation of customers whose wealth comes from digital assets.

"Some of them are young investors building wealth through crypto. This move will help us connect with buyers who were previously not traditional Ferrari customers," said Galliera, citing Reuters.

Ferrari joins a lineup of other car manufacturers accepting crypto payments, such as Lamborghini, Nissan, and BMW at several US dealerships.

Previously, Tesla also allowed car purchases with Bitcoin before halting it in 2021 due to Elon Musk's concerns about energy emissions from Bitcoin mining, although Tesla now hints at the possibility of resuming that policy in the future.

Binance Coin (BNB) successfully surpassed XRP and became the third largest crypto in the world on Tuesday (07/10) after soaring 27.19% in a week.

It is known that the market capitalization of the original token of the Binance crypto exchange increased by more than 5% to US$178.42 billion. This value officially surpassed the market capitalization of XRP, which fell by 0.53% to US$178.19 billion in the last 24 hours.

BNB has experienced a fantastic rally in early October, and has risen 47.16% in the last month, reaching a record high of US$1,283. On the other hand, XRP remains stagnant at US$3 despite the overall crypto market being in the green, including Bitcoin and Ethereum.

Litecoin (LTC) founder Charlie Lee surprisingly admitted that he regrets creating the cryptocurrency. In an interview, he suggested that people like him should just buy Bitcoin (BTC), hold it, and not sell it at all.

"My advice to myself is actually simple, buy Bitcoin, keep it safe, don't sell it, and don't get involved in other things in the crypto world," Lee said.

He added that being anonymous and not too involved might make his life more peaceful and the results even better. Lee also honestly admitted that creating Litecoin did not make him richer.

"Creating Litecoin actually brought a lot of headaches. If only I had just bought Bitcoin and held it, the results might have been more satisfying," he added.

The statement immediately caught the attention of the crypto community. Many consider Lee's comments to be an honest reflection, as well as a reminder that sometimes the simplest strategies can be the wisest.

Long before Satoshi Nakamoto created Bitcoin (BTC), the visionary figure from the United States, Richard Buckminster Fuller, envisioned a new energy-based economic system since the 1960s. Although he did not literally mention Bitcoin, he predicted the emergence of digital forms of money long before the term crypto was known to the world,

"I will talk about something that will become one of the great awarenesses by the year 2000," he said in an interview in 1967.

Fuller explained about a new currency that would trigger a wealth revolution in 2018. His views on the future financial system align with the ideas of economists like Friedrich Hayek and Milton Friedman, who also predicted the emergence of digital money.

"A realistic scientific accounting system, where wealth is no longer gold like in the pirate era, but rather energy," he continued.

Fuller is also known as the 'grandfather of the future' because he always rejected outdated and inefficient old systems. For this, he emphasized the need for a new system that is fair and based on science.

On the other hand, Robert Kiyosaki, the author of the book Rich Dad Poor Dad, also assessed that Fuller predicted blockchain. In his experience meeting the inventor directly in the 1980s, Kiyosaki believes that what Fuller predicted was actually blockchain, the foundation of today's cryptocurrency.

His ideas about the digital economy are also reflected in his famous book titled Critical Path (1981). In that book, he wrote that computers would enable the electronic distribution of wealth through transparent digital games without central authority.

According to him, systems like this would move goods and services efficiently, with incentives for those who are willing to participate, similar to Bitcoin.

Solana is Currently Forming a Rising Wedge $SOL

Solana (SOL) is once again in the spotlight after being assessed as having the potential to surpass Ethereum (ETH) in the crypto staking ecosystem. With a faster network and low transaction fees, Solana is said to have a strong foundation to attract the attention of asset managers targeting staking-based ETFs.

Bitwise CEO Hunter Horsley, who attended the Token2049 event in Singapore, assessed that Solana has advantages over Ethereum, particularly in terms of the asset withdrawal process for staking.

“ETFs require high flexibility to quickly liquidate investor funds. This is where Solana excels because its unstaking process is much shorter,” he said.

Ethereum itself is still facing challenges with the staking withdrawal queue. Although the queue temporarily dropped to around 202,000 ETH with a waiting time of three days, full access to staked assets remains relatively slow when the network is congested.

In contrast, Solana is able to provide higher finality times and transaction throughput thanks to the combination of Proof of History mechanisms and parallel transaction execution.

However, Horsley also emphasized that Ethereum is not completely outmatched. He cited Bitwise's ETH staking product in Europe, which now utilizes credit facilities to maintain investor liquidity, although the costs are high and the scale is still limited.

Additionally, liquid staking tokens like those from Lido offer options for investors to remain liquid without losing staking rewards.

Nevertheless, Solana's chances of surpassing Ethereum still depend on one important factor, namely the approval of staking ETFs. If regulators give the green light in the near future, the price of SOL has the potential to soar sharply towards its peak at US$294.

The increase in the price of Plasma tokens (XPL) by 17.23% in one day caused many short traders to suffer significant losses. One of the largest short positions recorded a loss of up to US$1.61 million or around Rp26.7 billion in today's trading, Tuesday (07/10), according to CoinGlass.

This price surge occurred after Plasma CEO Paul Faecks publicly addressed issues regarding alleged internal sales and team involvement. He emphasized that the community's concerns were unfounded and highlighted the continuously increasing adoption data as evidence of the strength of the Plasma project.

Although some market participants still harbor doubts, the clarification successfully restored community confidence. The continuously rising growth trend of XPL shows that this project remains strong despite having faced controversy.

Telegram founder Pavel Durov believes that Bitcoin (BTC) will one day be sold for US$1 million per coin, while fiat currency has lost its value.

"Telegram is a loss-making business for me personally. Bitcoin is something that allows me to survive, and I believe the time will come when Bitcoin is worth US$1 million," Durov said in a podcast with Lex Fridman.

In comparison, Durov stated that the government must continue to print money, while Bitcoin has a predictable supply that stops when the supply runs out.

As a note, back in 2013, Durov purchased several thousand Bitcoins at around US$700 per coin, with a total investment of about US$2 million. Then, when the price of Bitcoin fell, Durov actually held onto it.

Durov also emphasized that choosing Bitcoin as a store of value is closely related to the philosophy of freedom, which he currently holds in high regard.

The price of Mantle (MNT) tokens broke its all-time high at the level of US$2.15 on Monday (06/10) morning after launching a new service called Tokenization-as-a-Service. In the last 24 hours, this token rose by 9.37% and was recorded as the top gainer in the crypto market, according to CoinMarketCap.

This move is part of Mantle's significant expansion into the real-world asset (RWA) sector. This tokenization platform enables the legal and verified issuance of real-world assets on the blockchain, complete with KYC support, licensing, and DeFi integration to ensure security.

Along with the launch, World Liberty Financial (WLFI), a blockchain project associated with the family of US President Donald Trump, also announced it would introduce a stablecoin USD1 worth US$2 billion on the Mantle network.

According to Mantle advisor Emily Bao, real-world assets are no longer a small segment. With a market value that has reached US$26 billion and projections of trillions of dollars by 2030, Mantle is building a compliant and easily accessible infrastructure to meet this demand.

A trader with a long position in Solana (SOL) experienced significant losses despite the market being in the green. According to Coinglass data, the trader's position was liquidated for around US$1.5 million or equivalent to nearly Rp25 billion at a price of US$228.47 on Monday (06/10).

In fact, Solana recorded a positive performance with a slight increase of 1% in the last 24 hours. This crypto asset is trading in the range of US$230, having touched a daily high of US$236 and a low of US$226.

According to CoinGlass data, a wave of large liquidations also occurred in the crypto market as a whole. A total of 106,794 traders were liquidated in the last 24 hours, with a total value reaching US$361.2 million or around Rp5.7 trillion.

This event serves as a reminder that high volatility in the digital asset market can be a double-edged sword. Even though prices are rising, large leverage positions without risk management can lead to massive losses.

The German government was recorded to have once owned 50,000 Bitcoin (BTC) and sold it in the middle of the year. This caused it to lose the potential for massive profits reaching US$3 billion when the price hit an all-time high (ATH) of US$125 thousand.

Furthermore, Germany sold its Bitcoin holdings when the price of the crypto asset was US$54 thousand. If it still held the Bitcoin today, the total could reach US$6.2 billion or equivalent to Rp103.5 trillion.

As a result of the actions of the German government, the decision to release tens of thousands of Bitcoin in a short time made the crypto market shaky. Not only Germany, other governments and several companies are known to have sold Bitcoin.

It is known that the German government obtained the Bitcoin from the proceeds of seizing an illegal live streaming site called Movie2k. At that time, one Bitcoin was only worth US$57,900 or more than half the current price.

For your information, the largest crypto asset Bitcoin has made a new history by breaking its highest record of US$125 thousand on Sunday (05/10).

Melansir CoinGlass, in the last 24 hours the crypto market recorded a liquidation flow of US$345 million affecting 118,491 traders. Specifically, short positions amounted to US$221 million and long positions to US$124 million.

Furthermore, this occurred after Bitcoin (BTC) set a new all-time high of US$125 thousand. This happened as the United States (US) underwent a shutdown or temporary halt of congressional activities.

Of the total, Bitcoin (BTC) became the asset with the largest liquidation valued at US$148 million, followed by Ethereum (ETH) at US$45 million, and other crypto assets at US$30 million. This event reflects the high volatility of the market and the risks faced by traders.

President of El Salvador Nayib Bukele shows the profit from his country's Bitcoin (BTC) holdings, which reached US$475.3 million or equivalent to Rp7.8 trillion.

This occurred when Bitcoin touched a trading level of US$125 thousand, resulting in an unrealized gain of 158%. Now, his assets are valued at US$775 million.

It is known that thanks to Nayib Bukele's consistency since 2021, he has encouraged his country to hold Bitcoin. Furthermore, he routinely buys at least 1 Bitcoin every day.

However, it was not easy for him to adopt Bitcoin at first. Because Bitcoin is considered speculative and many people have yet to trust the largest crypto asset.

The crypto market capitalization has just surpassed US$4.3 trillion, Saturday (05/10), according to CoinMarketCap. However, this increase was driven by several emerging crypto tokens such as Bitcoin (BTC), Aster (ASTER), ZCash (ZEC), Aptos (APT), and Plasma (XPL).

Specifically, Bitcoin continues to surge close to its last all-time high of US$122,000, while Aster has become a newcomer with an increase of US$2.08, followed by Plasma at a price of US$0.8534. Additionally, there is Zcash at a price of US$149.

However, the concentration of token distribution and relatively low trading volume indicate a high volatility risk. Nevertheless, thorough research and caution are necessary due to the risks of volatility and token unlock events that could significantly affect prices.

Whale, a large, mysterious investor, is tracked holding 64.53 million Aster (ASTER) tokens worth US$121.97 million, according to Arkham Intelligence, Friday (03/10). The ownership has increased by 8.62%, along with the rise of Aster to a price of US$1.88.

This large accumulation activity by the whale occurred amid rising interest and prices of ASTER, which is also supported by several other large investors who significantly increased their positions in similar tokens.

Furthermore, this whale shows strong confidence in the Aster project, where this token is undergoing the development of its own Layer-1 blockchain, potentially increasing the adoption of ASTER in the future.

Moreover, investor confidence regarding Aster is strengthening after Changpeng Zhao (CZ) just posted about the Aster token and the ongoing project. Therefore, the involvement of large whales often serves as a positive signal for the market regarding the growth potential of the Aster token.