๐ #BTC Key Events in 2024
The influence of U.S. politics on Bitcoinโs price became increasingly evident in 2024, as reflected in market trends. Key drivers of growth included the launch of BTC #ETF'sโthough the price surge was delayed by a month due to Grayscale's BTC sell-offโand the election victory of pro-crypto candidate Donald Trump in the U.S. presidential race.
For Bitcoin's explosive growth to continue, practical steps from the U.S. government will be crucial. If policies and actions align with a pro-Bitcoin stance, further price increases can be anticipated.
The influence of U.S. politics on Bitcoinโs price became increasingly evident in 2024, as reflected in market trends. Key drivers of growth included the launch of BTC #ETF'sโthough the price surge was delayed by a month due to Grayscale's BTC sell-offโand the election victory of pro-crypto candidate Donald Trump in the U.S. presidential race.
For Bitcoin's explosive growth to continue, practical steps from the U.S. government will be crucial. If policies and actions align with a pro-Bitcoin stance, further price increases can be anticipated.
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๐ฎ๐ฃ #BTC Tom Lee, the Managing Partner at Fundstrat Global Advisors and a well-known Bitcoin advocate, has made a bold prediction: Bitcoin could hit $250,000 by 2025 under the Trump administration.
๐บ๐ธ Congress officially confirmed Trump's victory in the US presidential election.
Meanwhile, Trump, after Justin Trudeau's statement about his resignation, invited Canada to join the United States.
Meanwhile, Trump, after Justin Trudeau's statement about his resignation, invited Canada to join the United States.
๐ต๏ธ 2,500 #BTC outflow from Binance in the most recent hour. The highest in 1 month.
๐๐ค Glassnode: Despite Bitcoin's strong rally from $93.5K on Jan 1 to $102.4K, the Perpetual Funding Rates for the top 5 assets remain below neutral (0.1%):
#BTC: 0.009%
#ETH: 0.01%
#SOL: 0.006%
#XRP: 0.01%
#DOGE: 0.011%
This suggests perpetual markets are lagging behind the current positive market momentum.
#BTC: 0.009%
#ETH: 0.01%
#SOL: 0.006%
#XRP: 0.01%
#DOGE: 0.011%
This suggests perpetual markets are lagging behind the current positive market momentum.
๐ #BTC Santiment: Since Trump became the 47th US President, crypto and stocks have been closely correlated. However, Bitcoin is now outpacing the S&P 500.
For years, crypto was seen as a "high-leverage tech stock," but early 2025 shows signs BTC could break free from stock market trends. Historically, crypto thrives when uncorrelated with equities. If this trend continues, new all-time highs could be on the horizon.
For years, crypto was seen as a "high-leverage tech stock," but early 2025 shows signs BTC could break free from stock market trends. Historically, crypto thrives when uncorrelated with equities. If this trend continues, new all-time highs could be on the horizon.
๐ #LUNA2 #LUNC #USTC US prosecutors count more than 1 million victims in Do Kwon's criminal case theblock.com
๐บ๐ธ #BTC CEO Satoshi Action Fund: Up to 20 bills will be introduced at the state level โBTC Strategic Reserve - multiple bills in one state - legislators will compete aggressively to become the first in history.
๐ฎ๐ช๐น HashKey received approval for registration from the Central Bank of Ireland as a virtual asset service provider. #regulation
๐ค #ai16z Founder ai16z: A website has been created to announce a list of official partners and recognized projects.
๐ Santiment: most popular discussions:
- Resignation Prime Minister of Canada;
- Height #BTC >$100K
- Resignation Prime Minister of Canada;
- Height #BTC >$100K
๐ #BTC #ETH #ETF Yesterday, the total net inflow of spot BTC-ETFs was ~$987.06 million.
Nasdaq applied to increase the IBIT position limit from 25K to 250K. Federalregister.gov
Total net inflows of spot ETH-ETFs were ~$58.9 million.
Nasdaq applied to increase the IBIT position limit from 25K to 250K. Federalregister.gov
Total net inflows of spot ETH-ETFs were ~$58.9 million.
๐๐ณ Whale transactions:
1. 3 whales bought #swarms for a total of $4.61 million (1, 2, 3);
2. 3 new addresses allegedly belonging to the same person withdrew 2173.4 #BTC ($221.6 million) from Binance (1, 2, 3);
3. Whale received 115.64 million #PENGU ($5 million) from the PENGU Distribution wallet;
4. Whale sold 63.59 million #ZEREBRO and bought 1.45 million #ai16z. The whale currently holds 2.01 million ai16z worth $4.53 million;
5. Whale borrowed 80,000 #BNB and transferred they are all on Binance;
6. The two whales transferred a total of 16.38 million #ENA (~$19.4 million) to the CEX;
7. Top holder swarms and #ZEILGO spent 203.92 #SOL to buy #PRISM.
1. 3 whales bought #swarms for a total of $4.61 million (1, 2, 3);
2. 3 new addresses allegedly belonging to the same person withdrew 2173.4 #BTC ($221.6 million) from Binance (1, 2, 3);
3. Whale received 115.64 million #PENGU ($5 million) from the PENGU Distribution wallet;
4. Whale sold 63.59 million #ZEREBRO and bought 1.45 million #ai16z. The whale currently holds 2.01 million ai16z worth $4.53 million;
5. Whale borrowed 80,000 #BNB and transferred they are all on Binance;
6. The two whales transferred a total of 16.38 million #ENA (~$19.4 million) to the CEX;
7. Top holder swarms and #ZEILGO spent 203.92 #SOL to buy #PRISM.