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🇻🇳 Legalizing Crypto and the Future of the Crypto Industry in Vietnam 1/ According to Mr. Nguyễn Phương Tuấn, Deputy Head of the Committee on Science, Technology and Environment of the National Assembly, legalizing digital assets creates a legal basis for establishing playgrounds for digital assets, including the establishment of exchanges. The Politburo has also agreed to the policy of building a financial center in Vietnam. Specifically, a comprehensive international financial center will be established in Ho Chi Minh City and a regional financial center in Da Nang. => This is an opportunity for Vietnam to pilot allowing the establishment of digital asset exchanges (which can initially be set up on a small scale). => Establishing exchanges will help authorities manage and collect taxes more easily. At the same time, it is also a way to filter out low-quality digital assets and prevent fraudulent activities. 2/ According to Mr. Phan Đức Trung, Permanent Vice President of the Vietnam Blockchain Association: Legalizing digital assets will also help Vietnam increase foreign investment attraction and bring back Vietnamese businesses that have had to register abroad to Vietnam. #newsdaily
🇻🇳 Legalizing Crypto and the Future of the Crypto Industry in Vietnam

1/ According to Mr. Nguyễn Phương Tuấn, Deputy Head of the Committee on Science, Technology and Environment of the National Assembly, legalizing digital assets creates a legal basis for establishing playgrounds for digital assets, including the establishment of exchanges.

The Politburo has also agreed to the policy of building a financial center in Vietnam. Specifically, a comprehensive international financial center will be established in Ho Chi Minh City and a regional financial center in Da Nang.

=> This is an opportunity for Vietnam to pilot allowing the establishment of digital asset exchanges (which can initially be set up on a small scale).
=> Establishing exchanges will help authorities manage and collect taxes more easily. At the same time, it is also a way to filter out low-quality digital assets and prevent fraudulent activities.

2/ According to Mr. Phan Đức Trung, Permanent Vice President of the Vietnam Blockchain Association: Legalizing digital assets will also help Vietnam increase foreign investment attraction and bring back Vietnamese businesses that have had to register abroad to Vietnam.
#newsdaily
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The Cabinet and advisory team of the Trump Administration is the wealthiest government team ever, with a total net worth of over 327 billion USD and 14 out of 18 individuals having been billionaires. #newsdaily
The Cabinet and advisory team of the Trump Administration is the wealthiest government team ever, with a total net worth of over 327 billion USD and 14 out of 18 individuals having been billionaires.
#newsdaily
Spot ETF 🇺🇸 🗓️ 6 tháng 12 🇺🇸 | 7 tháng 12 🇻🇳 Source: FARSIDE UK #BTC *FINAL 🟢 BlackRock (IBIT) + 253.51 (Source X @ thepfund) 🟢 Fidelity (FBTC) + 120.2 🟢 ARK (ARKB) + 24.9 🟢 Grayscale “Mini” (BTC) + 6.8 🔴 Grayscale (GBTC) -32.3 ⚪️ VanEck (HODL) 0.0 ⚪️ Bitwise (BITB) 0.0 ⚪️ WisdomTree (BTCW) 0.0 ⚪️ Invesco (BTCO) 0.0 ⚪️ Franklin (EZBC) 0.0 ⚪️ Valkyrie (BRRR) 0.0 ——————————— 🟢 + 373.11 triệu USD #ETH *UPDATE 🟢 Fidelity (FETH) + 47.9 🟢 Grayscale “Mini” (ETH) + 22.9 🟢 Bitwise (ETHW) + 13.4 🟢 VanEck (ETHV) + 1.5 🔴 Grayscale (ETHE) -29.6 🔴 21Shares (CETH) -6.9 ⚪️ Franklin (EZET) 0.0 ⚪️ Investco (QETH) 0.0 BlackRock (ETHA) ——————————— 🟢 + 49.2 triệu USD 🟢 BUY 🔴 SELL ⚪️ Nothing $BTC $ETH
Spot ETF 🇺🇸

🗓️ 6 tháng 12 🇺🇸 | 7 tháng 12 🇻🇳
Source: FARSIDE UK

#BTC *FINAL
🟢 BlackRock (IBIT) + 253.51 (Source X @ thepfund)
🟢 Fidelity (FBTC) + 120.2
🟢 ARK (ARKB) + 24.9
🟢 Grayscale “Mini” (BTC) + 6.8
🔴 Grayscale (GBTC) -32.3
⚪️ VanEck (HODL) 0.0
⚪️ Bitwise (BITB) 0.0
⚪️ WisdomTree (BTCW) 0.0
⚪️ Invesco (BTCO) 0.0
⚪️ Franklin (EZBC) 0.0
⚪️ Valkyrie (BRRR) 0.0
———————————
🟢 + 373.11 triệu USD

#ETH *UPDATE
🟢 Fidelity (FETH) + 47.9
🟢 Grayscale “Mini” (ETH) + 22.9
🟢 Bitwise (ETHW) + 13.4
🟢 VanEck (ETHV) + 1.5
🔴 Grayscale (ETHE) -29.6
🔴 21Shares (CETH) -6.9
⚪️ Franklin (EZET) 0.0
⚪️ Investco (QETH) 0.0
BlackRock (ETHA)
———————————
🟢 + 49.2 triệu USD

🟢 BUY 🔴 SELL ⚪️ Nothing
$BTC $ETH
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The Ministry of Finance 🇺🇸 calls Bitcoin "digital gold" 👀 "The main application of Bitcoin seems to be a store of value, also referred to as 'digital gold', in a decentralized financial (DeFi) world; speculative interest appears to have played a prominent role in the growth of digital tokens thus far." {spot}(BTCUSDT) #BTC100K
The Ministry of Finance 🇺🇸 calls Bitcoin "digital gold" 👀

"The main application of Bitcoin seems to be a store of value, also referred to as 'digital gold', in a decentralized financial (DeFi) world; speculative interest appears to have played a prominent role in the growth of digital tokens thus far."
#BTC100K
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Is this just a bear trap or a sign of a sharp decline in BTC???My personal opinion is that this is just a bear trap with the accompanying FUD news of "financial recession" but the truth is that after each recession, assets and financial markets will increase in price and currently economic indicators have not shown that the market will enter a recession, I predict that the upcoming price trend of BTC is a continuation of the upward trend of this cycle and in August there will be a sizeway to wait for the interest rate decision in the September meeting, the recent FUD news is just to shake off the weak hands and the whales continue to quietly buy in (the first photo shows that more than 404448 BTC and BTC ETF have been quietly transferred to the wallets of long-term holders in the past 30 days, reaching a record in history and the second photo shows that more than 84k BTC have been collected by whales in July, reaching the highest level since 2014, while the FUD of the German government selling BTC and Mt.Gox and then the financial recession still coming out regularly until now :))

Is this just a bear trap or a sign of a sharp decline in BTC???

My personal opinion is that this is just a bear trap with the accompanying FUD news of "financial recession" but the truth is that after each recession, assets and financial markets will increase in price and currently economic indicators have not shown that the market will enter a recession, I predict that the upcoming price trend of BTC is a continuation of the upward trend of this cycle and in August there will be a sizeway to wait for the interest rate decision in the September meeting, the recent FUD news is just to shake off the weak hands and the whales continue to quietly buy in (the first photo shows that more than 404448 BTC and BTC ETF have been quietly transferred to the wallets of long-term holders in the past 30 days, reaching a record in history and the second photo shows that more than 84k BTC have been collected by whales in July, reaching the highest level since 2014, while the FUD of the German government selling BTC and Mt.Gox and then the financial recession still coming out regularly until now :))
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🗣 In a recent statement, the CEO of VanEck and product manager for Bitcoin ETFs predicted a significant increase in the value of Bitcoin, predicting that BTC will eventually reach half the total market value of gold and reach a price of around $350k for 1 BTC. #news #BTC☀ #Write2Win
🗣 In a recent statement, the CEO of VanEck and product manager for Bitcoin ETFs predicted a significant increase in the value of Bitcoin, predicting that BTC will eventually reach half the total market value of gold and reach a price of around $350k for 1 BTC.
#news #BTC☀ #Write2Win
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🌟 BTC price drops to $50k, BTC holders' profit percentage drops to 75%. This percentage level was seen when BTC price bottomed around $39k in January 2024. #news #Write2Win
🌟 BTC price drops to $50k, BTC holders' profit percentage drops to 75%.

This percentage level was seen when BTC price bottomed around $39k in January 2024.
#news #Write2Win
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‼️ In the last 24 hours, 278,307 traders were liquidated with a value of $1.06B, of which $900.8M were long orders and $161.4M were short orders. #news #Write2Win
‼️ In the last 24 hours, 278,307 traders were liquidated with a value of $1.06B, of which $900.8M were long orders and $161.4M were short orders.
#news #Write2Win
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👀 While the market is scared and panicking, whales are accumulating large amounts of BTC, and more than 84k BTC were collected in July. #BTC☀ #newsdaily #Write2Win
👀 While the market is scared and panicking, whales are accumulating large amounts of BTC, and more than 84k BTC were collected in July.
#BTC☀ #newsdaily #Write2Win
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📎 Historically, August and September tend to decrease, with the average decrease in August and September being -7.82% and -5.58%, respectively. #BTC☀ #newsdaily
📎 Historically, August and September tend to decrease, with the average decrease in August and September being -7.82% and -5.58%, respectively.
#BTC☀ #newsdaily
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🌟 Nearly 94% of BTC's total supply has been released 👀, mining difficulty and scarcity are at their highest.
🌟 Nearly 94% of BTC's total supply has been released 👀, mining difficulty and scarcity are at their highest.
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‼️ US home prices over the years compared when purchased with USD and BTC. This image shows how corrosive inflation can be and the impressive returns of BTC digital gold over time. #newsdaily #BTC☀
‼️ US home prices over the years compared when purchased with USD and BTC.
This image shows how corrosive inflation can be and the impressive returns of BTC digital gold over time.
#newsdaily #BTC☀
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🇺🇸 The US Government's Bitcoin Strategic Reserve Bill has been officially introduced! Not long ago, Donald Trump proposed to remove 35T$ US citizens with Bitcoin and Senator Lummis introduced a Bitcoin bill before the US Senate proposing to buy 1M BTC within the next 5 years. #newsdaily #BTC☀
🇺🇸 The US Government's Bitcoin Strategic Reserve Bill has been officially introduced!

Not long ago, Donald Trump proposed to remove 35T$ US citizens with Bitcoin and Senator Lummis introduced a Bitcoin bill before the US Senate proposing to buy 1M BTC within the next 5 years.

#newsdaily #BTC☀
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🇺🇸 Bank of America predicts the Fed will cut interest rates by 0.25% at its September meeting. #newsdaily #macroeconony
🇺🇸 Bank of America predicts the Fed will cut interest rates by 0.25% at its September meeting.
#newsdaily #macroeconony
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