Also: Will the Hawk Tuah girl be on the good list?
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GM. It’s great! The Daily Squeeze slides down your chimney with a bag full of cryptocurrency information.
✨ Trump’s pro-crypto team, policies that encourage innovation and talks about a Bitcoin reserve.
🎄 Holly’s Joyful Headlines: Adam Back Calms Quantum Computing Panic, Hawk Tuah Girl Finally Speaks Out, and More
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🛷 Market joy today
‘Tis the season for festive lights, ugly sweaters, and crypto talk that’s spicier than mulled wine. Let’s see what the market is doing (but don’t tell the elves we’re taking a look) 🎁
The fear and greed index stands at 70 (still in greed), while bitcoin – fresh from its weekend collapse – is back testing the strength of that $94,000 level.
ETFs played the role of grinches on Friday: BTC ETFs recorded outflows of $277 million and ETH ETFs fell another $75.1 million.
The holiday holidays mean fewer operators at their desks, which could magnify the drama. Mark Cullen pointed out that liquidity accumulates at $115,000 and lurks below $80,000 – just waiting for the side of the tree to shake first.
Meanwhile, Kobeissi’s letter warns that the decline in the world money supply could make BTC fall by up to $20K.
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Overall, the market mood is gloomy. feeling noticed that vocal traders are showing Extreme FUD. Does it sound bad? maybe not – some jingle all the time because they love to shop when everyone else is crazy.
So will there be fireworks or are there just quieter nights ahead? Stay tuned… The Christmas season could come with surprises that you didn’t see under the tree ✨
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🔔 Jingle Earnings
Santa checked his list twice and it turns out that some memecoins are on the list. pumping list.
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Name |
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24H Change |
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lou lou |
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Three Sigma TRISIG |
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dog with apple in mouth APPLE |
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ANDY70B ANDY70B |
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Data as of 08:50 am EST.
Check out these memecoins and many more here.
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Quiz time: who is known for the color red, has a memorable hairstyle, and is full of unforgettable quotes?
If you said Santa Claus… well, sure, but we are talking about nothing less than donald trump. And let’s be real – when it comes to cryptocurrencies, it’s best to spread joy.
Here’s the latest thing he’s making us say 👌 huge huge huge 👌 instead of I have I have I have I have.
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1/ More pro-crypto elves join the workshop
Remember when we said Has Trump been loading his team with crypto-friendly picks? Well, we have more sum:
🎅 Bo Hines is now the executive director of the new Crypto Council, chaired by cryptocurrency czar David Sacks. Together, they will work to create an environment where the crypto industry can flourish. as Trump himself said.
🎅 Esteban Miraneconomist and former advisor, has been named president of the Council of Economic Advisors. Your vibe? Financial deregulation and crypto innovation will be key to driving the next economic boom.
2/ Business paradise
Cathie Wood, founder of ARK Invest, believe Trump’s policies could make it easier for companies to merge or be bought: what is called mergers and acquisitions (M&A).
For smaller startups, especially in crypto, purchasing or partnering with larger companies can give them the resources they need to succeed.
Wood says the Trump administration could roll back rules that have made these deals difficult in the past. This could help startups find opportunities to grow, bring new ideas to life, and keep innovation moving forward.
3/ A Bitcoin reserve?
Trump’s wish list for his presidency includes a bitcoin strategic reserve – which is part of what fueled BTC’s rally last month.
Is it happening frfr? To be determined. But the big guys are talking about it:
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VanEck predicts BTC could reach $42.3 million by 2049, so the reserve could potentially offset $42 trillion in national debt;
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Michael Saylor says A strategic reserve of Bitcoin could strengthen the US dollar, reduce the national debt, position the United States as a leader in the global digital economy, and generate up to $81 trillion for the Treasury.
Anyway, whether it’s Santa or Trump stuffing our stockings, it better be crypto. No excuses 🎁
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We have been very kind this year. (Okay, maybe some jokes weren’t so Jesus-friendly, but come on, no one’s perfect).
All we want for Christmas is:
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$150 thousand BTC;
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Gas rates that don’t make us cry;
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Generational wealth;
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A portion of the $2.2 million prize pool Bybit Birthday Event;
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He Ledger Flexibility wallet – with that $70 BTC bonus, of course.
We promise to leave you waiting for the best cookies and milk you’ve ever tasted. (or some eggnog if that’s your vibe 😏). Just slide down that chimney and make some magic happen, okay? ✨
Love,
The crypto community ❤️
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🎄Joyful Holly Headlines
😬 Some worry that quantum computing could one day crack cryptographic algorithms. But crypto legend Adam Back says cool – Decades away, and PQ (post-quantum) technology could even strengthen BTC.
🤫 Hailey Welch, aka Hawk Tuah girl, broke her silence after the HAWK memecoin pump and dump drama. He said he is cooperating with lawyers representing investors who were burned. It seems like someone is trying really hard to get off the naughty list…
🚨 Interpol issued a “Red Notice” for Richard James Schueler, also known as Richard Heart, the founder of Hex and PulseChain. Finland issued a court order and if he is found abroad, extradition could be on the table.
🌟 MicroStrategy is gracing its halls with new additions to its board: former Binance.US CEO Brian Brooks, Galaxy Digital board member Jane Dietze, and Fanatics Chief Legal Officer Gregg Winiarski. This brings the total number of members of the board of directors to nine.
🦌 Shiba Inu partnered with Chainlink. Thanks to the Cross-Chain Token (CCT) standard, SHIB, BONE and LEASH are now spreading Christmas cheer on over 12 blockchains.
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🎅 Santa Claus meme workshop
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And that’s a wrap on today’s holiday squeeze! 🎄 From all of us at BitDegree, we wish you happy Hodl days! Enjoy the holiday chaos, eat too many cookies, and maybe do a quick cryptocurrency check while no one is looking 🦌✨
This juicer takes a Christmas break – but don’t worry, we will return on fridayfully recharged and ready to pour you another big glass of crypto juice. Until then, keep your wallets warm and the vibes even warmer! 🎅
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