Rofiq_abd
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#Asetmasadepan
FYI
Bitcoin has evolved from a speculative investment into a substantial political entity that can influence policy decisions and the electoral process.
Bitcoin adoption by major countries could prompt other countries to follow suit, leading to its integration into national and international financial strategies. "If America creates SBR, China will follow," suggesting a domino effect across the global economy.
Hell Money Podcast, David Bailey, CEO of BTC Inc.,
FYI
Bitcoin has evolved from a speculative investment into a substantial political entity that can influence policy decisions and the electoral process.
Bitcoin adoption by major countries could prompt other countries to follow suit, leading to its integration into national and international financial strategies. "If America creates SBR, China will follow," suggesting a domino effect across the global economy.
Hell Money Podcast, David Bailey, CEO of BTC Inc.,
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FYI
As Cryptopolitan reported, government ethics watchdogs have raised concerns about the Trump family profiting from their political positions. Despite the backlash, industry analysts see this as a turning point.
Asset manager Bernstein said, “The launch of a meme coin by the world’s largest political figure represents a major paradigm shift in how the government views crypto. It could be the beginning of direct engagement with the public through blockchain technology.” (But why not mention crypto at his inauguration.)
Republican Sen. Cynthia Lummis, a proud and well-known Bitcoin supporter in Congress, introduced the Bitcoin Act of 2024 in July to establish a reserve holding 200,000 Bitcoin, worth $2.1 billion at current prices.
After Trump’s victory on November 5, she tweeted, “We will establish a strategic Bitcoin reserve.” (My personal assessment.. this is just looking for a stage to solidify something.)
Yesterday, Lummis met with Eric Trump at the Capitol to discuss the reserve plan, according to Bloomberg. Eric then took to social media, urging investors (well, he ended up with the headache) to “bet on crypto” as part of their belief in America’s limitless potential.
As Cryptopolitan reported, government ethics watchdogs have raised concerns about the Trump family profiting from their political positions. Despite the backlash, industry analysts see this as a turning point.
Asset manager Bernstein said, “The launch of a meme coin by the world’s largest political figure represents a major paradigm shift in how the government views crypto. It could be the beginning of direct engagement with the public through blockchain technology.” (But why not mention crypto at his inauguration.)
Republican Sen. Cynthia Lummis, a proud and well-known Bitcoin supporter in Congress, introduced the Bitcoin Act of 2024 in July to establish a reserve holding 200,000 Bitcoin, worth $2.1 billion at current prices.
After Trump’s victory on November 5, she tweeted, “We will establish a strategic Bitcoin reserve.” (My personal assessment.. this is just looking for a stage to solidify something.)
Yesterday, Lummis met with Eric Trump at the Capitol to discuss the reserve plan, according to Bloomberg. Eric then took to social media, urging investors (well, he ended up with the headache) to “bet on crypto” as part of their belief in America’s limitless potential.
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#BTCFocus
Short-term Bitcoin (BTC) holders are currently losing money as the Short-Term Holders Spent Return Ratio (STH SOPR) turned negative. This metric, when compared to its annual average, signals a shift in the trend of short-term holder profitability.
The STH SOPR measures whether short-term Bitcoin holders are selling at a profit or loss. Recent data shows that the STH SOPR multiple has entered negative territory, indicating that short-term Bitcoin holders are selling at a loss. This could signal increasing market stress or a potential accumulation opportunity for long-term investors.
While the current trend reflects short-term uncertainty, historical patterns suggest the potential for positive outcomes in the long term.
Short-term Bitcoin (BTC) holders are currently losing money as the Short-Term Holders Spent Return Ratio (STH SOPR) turned negative. This metric, when compared to its annual average, signals a shift in the trend of short-term holder profitability.
The STH SOPR measures whether short-term Bitcoin holders are selling at a profit or loss. Recent data shows that the STH SOPR multiple has entered negative territory, indicating that short-term Bitcoin holders are selling at a loss. This could signal increasing market stress or a potential accumulation opportunity for long-term investors.
While the current trend reflects short-term uncertainty, historical patterns suggest the potential for positive outcomes in the long term.
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