Saylor floats US crypto framework with $81T Bitcoin reserve plan
Bitcoin bull Michael Saylor has pitched a US crypto framework, saying a strategic digital asset policy can strengthen the dollar and neutralize the country’s national debt.
Bitcoin bull Michael Saylor has pitched a US crypto framework, saying a strategic digital asset policy can strengthen the dollar and neutralize the country’s national debt.
Bitcoin price extended losses and traded below the $100,000 zone. BTC is showing bearish signs and might continue to move down toward the $91,200 support zone. Bitcoin started a fresh decline from the $100,000 resistance zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $92,000 support zone. Bitcoin Price Dips Again Bitcoin price failed to start another increase and extended losses below the $100,000 zone. BTC gained bearish momentum below the $98,000 and $96,500 levels. The price even spiked below $92,250. A low was formed at $92,159 before there was a recovery wave. However, the bears were active near the $100,000 level. A high was formed at $99,575 and the price started another decline. It traded below the $96,500 level. There was a clear move below the 50% Fib retracement level of the recovery wave from the $92,159 swing low to the $99,575 high. There is also a key bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading below $98,000 and the 100 hourly Simple moving average. It is also testing the 76.4% Fib retracement level of the recovery wave from the $92,159 swing low to the $99,575 high. On the upside, immediate resistance is near the $95,000 level. The first key resistance is near the $95,850 level. A clear move above the $95,850 resistance might send the price higher. The next key resistance could be $97,800. A close above the $97,800 resistance might send the price further higher. In the stated case, the price could rise and test the $98,500 resistance level. Any more gains might send the price toward the $100,000 level. More Downsides In BTC? If Bitcoin fails to rise above the $95,850 resistance zone, it could continue to move down. Immediate support on the downside is near the $93,800 level. The first major support is near the $92,500 level. The next support is now near the $91,200 zone. Any more losses might send the price toward the $90,000 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $92,500, followed by $91,200. Major Resistance Levels – $95,850 and $97,800.
Australian investing and finance educator Scott Pape, known as the “Barefoot Investor,” has broken down the secrets behind WhatsApp group crypto scams targeting Facebook users.
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Ripple’s XRP has managed to maintain its position above $2, despite an 8.2% dip against the U.S. dollar this week. Over the weekend, massive onchain XRP transactions caught attention, and the network’s stablecoin, RLUSD, reached a market valuation of $53 million. Whale Alerts Pop Recent weeks have seen XRP make substantial strides, fueled by speculation […]
Asset management firm Vaneck has shared its 2025 crypto predictions, highlighting a strong bull market, rising bitcoin and ethereum prices, growing altcoins, and increased institutional and government adoption. Vaneck Unveils 2025 Crypto Predictions Vaneck, a leading asset management firm, released its “10 Crypto Predictions for 2025” on Dec. 13, projecting a bullish year for digital […]
VanEck has said a US Bitcoin reserve could majorly slash the national debt if the cryptocurrency grows to $42.3 million a coin by 2049.
Like this: https://etherscan.io/tx/0x6ebe7a55b03652234f876204846112839913558b8cf9dc39d57c3b2b6e6fc3da With the message: > data:application/json,{"p":"ierc-20","op":"transfer","tick":"ethi","nonce":"1734850039504","to":[{"amt":"500","recv":"0xB229805cB2f933aD85a2D004056feB5d161A114D"}]} There's a bunch of them. submitted by /u/fulldecent [link] [comments]