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Often, when I speak with everyday Bitcoiners — plebs, if you will — they share with me that they’re torn between carrying on with their “fiat job” and getting more involved in the Bitcoin space on a professional level.
I usually tell them that they can start by incorporating Bitcoin into what they currently do for a living, though, I haven’t had a great example of someone doing this that I can point them to — until this…
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Discussing when and how to sell Bitcoin can be controversial, but if you’re planning to take profits this cycle, it’s essential to do it strategically. While holding Bitcoin indefinitely is an option for some, many investors aim to capture gains, cover living expenses, or reinvest at lower prices. Historical trends show that Bitcoin often experiences drawdowns of 70-80%, providing opportunities to reaccumulate at reduced valuations.
For a more in-depth look into this topic, check out a recent YouTube video here: Proven Strategy To Sell The Bitcoin Price Peak
Why Selling Isn’t Always Taboo
While some, like Michael Saylor, advocate never selling Bitcoin, this stance doesn’t always…
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The Czech National Bank (CNB) is considering adding Bitcoin to its national reserves, with Governor Aleš Michl proposing to allocate up to 5% of the country’s €140 billion reserves to the cryptocurrency. If approved, this move would make the CNB the first Western central bank to hold Bitcoin. Michl argues that Bitcoin could serve as a diversification tool amid growing global interest in crypto investments, particularly after the introduction of Bitcoin…
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Tether has announced a groundbreaking integration of its USDT stablecoin with Bitcoin’s ecosystem through both its base layer and the Lightning Network. Supported by Taproot Assets developed by Lightning Labs this strategic move merges Bitcoin’s secure decentralized nature with the quick scalable capabilities of the Lightning Network setting a new standard for stablecoins within the Bitcoin framework.
Upon full implementation USDt will enhance Bitcoin’s platform by enabling fast affordable transactions without sacrificing the robust security the blockchain is known for. Over 350 million users of USDt will now leverage Bitcoin’s reliability with the added efficiency of Lightning-enhanced payments marking a significant shift in how digital transactions are managed and executed.
This collaboration not only positions USDt as a pivotal component of Bitcoin-based financial systems but also supports a broad spectrum of applications from microtransactions to global remittances. CEOs Paolo Ardoino and Elizabeth Stark emphasized the union’s commitment to innovation and practical financial solutions reinforcing Bitcoin’s position at the forefront of the digital economy.
Grayscale, a leading US asset management firm, has taken a significant step by filing with the New York Stock Exchange to transform its XRP trust into a spot XRP ETF. This strategic move will enable American investors to diversify their portfolios by including XRP, enhancing their exposure to the crypto market. Grayscale’s initiative marks an evolution in investment options, allowing more fluid access to cryptocurrencies.
The transformation of the trust into an ETF comes after a victorious legal battle last year, where Ripple triumphed over the SEC. This legal victory, coupled with an impressive 300% growth in the trust’s value in 2024, underscores the potential of XRP in the financial landscape. The new ETF, set to trade on the NYSE, is expected to attract significant investment, reflecting growing confidence in digital currencies.
Grayscale’s introduction of the XRP ETF not only broadens the horizon for crypto enthusiasts but also solidifies the role of digital currencies like Bitcoin in mainstream finance. By offering a non-actively managed ETF, Grayscale ensures that the fund remains focused solely on market movements, providing a straightforward approach to cryptocurrency investment.
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Following a string of high-profile collapses and bad press in 2022, crypto largely felt like its own market sector from which the rest of the tech world kept a cautious distance. With a memecoin-brandishing President Trump now in office, that seems to be shifting: The techies like memecoins.
Since Trump came to office, several more-mainstream tech players have either launched or endorsed memecoins — a couple of which have seen major price drawdowns, like the TRUMP token. It’s perhaps a sign that animal spirits are back in crypto, and tech players want a seat at the table, past qualms be…
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Advance Q4 GDP estimates show growth slowed more than expected at the end of 2024, but annual growth still came in at a healthy level.
The Bureau of Economic Analysis says the US economy grew by 2.8% in 2024, down slightly from 2023, which saw a 2.9% increase. 2% is the accepted threshold for developed countries.
Inflation-adjusted GDP for the final months of 2024 came in at 2.3%, lower than projections of 2.4%. Q3 GDP was adjusted to 3.1% growth.
Personal spending in Q4 was up again, coming in at 4.2% annualized. Consumers spent the most on healthcare and recreational goods…
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