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🇦🇪The United Arab Emirates (UAE) holds $40 billion in Bitcoin.

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⚡️ All cryptocurrency exchanges in the EU must deposit USDT by December 30, as Stablecoin does not comply with the new MiCA rules.

However, Tether plans to bypass the restrictions - the company has already invested in the issuer of StablE steiblcoins, which complies with the new rules

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📉 CZ’s Tweet Becomes Reality as Bitcoin Dips!

As Bitcoin slides to $94,000, the crypto community recalls Binance CEO CZ’s prophetic tweet from December 17, 2020:

Waiting for the new headline: Bitcoin "CRASHES" from $101,000 to $85,000. Save the tweet.


While Bitcoin’s drop began at $108,000, a strong support level is around $90,000. Will this be the next stop, or is there more turbulence ahead? 🤔

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💥 Bitcoin Dips to $100K as Powell Scares Markets! 📉

Jerome Powell’s hawkish stance triggered a year-end sell-off: BTC dropped 4.5% and the S&P 500 fell 2.95%. 🔪

Key points from the Fed chair:

▪️Only 2 rate cuts in 2025 instead of 4.
▪️Inflation target of 2% pushed to 2027 (previously 2026).
▪️The Fed is legally prohibited from holding BTC on its balance sheet. 😩

The aftermath? $672M liquidations in the last 24 hours, with $574M coming from long positions. Bulls took a beating. 🐂💥

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How much does it cost to mine 1 bitcoin?

The cost of mining BTC among publicly traded mining companies in the third quarter is $55,950.

MARA is the most efficient company in this regard, spending an average of $42,864 to mine 1 BTC.

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15,350 BTC acquired for $1.5 billion — MicroStrategy continues its aggressive Bitcoin strategy.

Inclusion in the Nasdaq index may attract more capital from funds adjusting their portfolios.

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Bitcoin has been the most profitable asset in 8 of the last 10 years (including 2024)

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🚨 BREAKING: BlackRock recommends a 2% #Bitcoin allocation, noting future returns may be more challenging as it becomes a tactical asset like gold.

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🐂 Matrixport Predicts $160K Bitcoin by 2025!

Analysts at Matrixport forecast BTC reaching $160,000 by 2025. 🚀

🔑 Key growth drivers:

▪️Institutional demand fueled by Bitcoin ETFs
▪️Favorable macroeconomic conditions
▪️Global central banks increasing money supply (M2)

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NEW: 💰 Bitcoin to hit $200K in 2025, per Bitwise.

$500K "If the US government follows through on proposals to establish a 1M Bitcoin strategic reserve."

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Bitcoin's recent price correction has been linked to the announcement of Google's Willow quantum computer, which some believe could threaten cryptocurrency security. However, experts refute this notion, stating that:

- Google's Willow chip has only 105 qubits, far below the estimated 13 million qubits needed to compromise Bitcoin's encryption.

- Bitcoin developers are already working on making the cryptocurrency quantum-safe.

- If quantum computing becomes a viable threat to Bitcoin, traditional banking systems would also be at risk.

- For Willow to pose a real threat, it would need to be affordable and widely accessible, which is unlikely given the current market, as seen with the availability of NVIDIA's H200.

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In 2010, a Bitcoin developer from Florida paid 10,000 BTC for two pizzas. Today, that amount is worth over $1 billion.

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💥 Bitcoin’s Wild Ride: From $104K to $90.5K and Back

On the night of Dec. 5-6, Bitcoin plunged over 13%, dropping from its ATH above $104K to $90.5K before bouncing back to $98K. 📉🚀

👀 Rachel Lucas from BTC Markets explained the crash as “leverage unwinding,” triggering stop-losses and forced liquidations. Retail traders overleveraged during the ATH, while whales strategically distributed their holdings. Liquidations spiked to $564M—the highest since June 2024.

🔎 Despite the volatility, market experts at the Emergence conference see no signs of the bull run ending, pointing to relatively low retail involvement compared to previous cycles.

Meanwhile, altcoins stayed calm, with top-10 assets showing modest declines.

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President-elect Donald Trump congratulated Bitcoin enthusiasts as Bitcoin surpassed the $100,000 mark, attributing the surge to his pro-crypto policies.

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Ethereum’s Path to $7200: Bullish Signals

Analyst VentureFounder highlights a “cup and handle” pattern on Ethereum’s chart, pointing to a potential surge to $7200 by Q1 2025.

The approaching “golden cross” adds to the optimism, though the strong US dollar could act as a headwind.

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🚀 Bitcoin to $124K Before 2024 Ends? ARK Invest Weighs In

📈Bitcoin might hit $104K–$124K by year-end, according to ARK Invest’s David Puell, who sees the market about 55%-65% through the current bull cycle. 🧐

📊 On-chain metrics suggest a potential peak near $126K–$134K, though these could rise if momentum accelerates.

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🐋 Whales purchased 10,000 BTC ($950M) during Bitcoin's recent correction –

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📉 Bitcoin Drops Below $93K Overnight

Bitcoin continued its decline, briefly falling below $93,000 before a slight recovery. Most top-100 altcoins are also in the red.

Biggest losers: SAND -18%, MANA -14%, RAY -12%.
Gainers: LDO +7%, AAVE +6%, ARB +5%.
The Fear and Greed Index has cooled slightly but remains in the Extreme Greed zone at 79.

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📉 Crypto liquidations reached $470M on Nov. 24 as Bitcoin retraced and altcoins surged.

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🔝 The cryptocurrency market capitalization reached a new all-time high of $3.23 trillion!

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