Also: Giant TradFi considers digital asset trading
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GM. Pull up a chair to the crypto garden: the Daily Squeeze squeezes out the pulp so you can sip the juice.
✊ Fred Thiel shares his BTC philosophy.
💼 Morgan Stanley could add cryptocurrency trading to its E-Trade platform.
🍋 News drops: California man sues three Asian banks, X Money could be on the way and more
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🍍 Taste of the market today
Another day, another reason to check your wallet 147 times…
The Fear and Greed index secured its spot on Greed at 74, and bitcoin Yesterday I was very close to $98,000..
Bravos Research noted Bitcoin ETFs hit $100 billion in assets under management (AUM). Translation? The institutional demand is real.
This+ hope for friendlier crypto laws in the US has launched BTC past its previous peak of $70,000, with a huge 40% profit in less than 50 days.
Sound familiar? Well, yes – BTC loves to break records and then run around like it’s late for a party:
Now some are wondering “Could we achieve a similar 200% jump in the next 100 days?” Maybe, but here’s the thing: BTC tends to follow this pattern:
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Crazy and parabolic race;
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The inevitable bubble burst;
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A period of sideways trading before another big rally begins.
Right now, We are in the middle of stage 1, and no one really knows how far it will go or when it will fall.
And Bravos pointed out a possible warning sign: a head and shoulders patternwhich could mean we are approaching a short-term peak. Furthermore, with the the stock market is coolingBitcoin could do the same.
So there’s definitely a drop on the table. oh well, This could be the perfect opportunity to buy the dip 🤑
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🥝 Harvest of memecoins
Of “haha, funny coin” to “Damn, that’s rent money.” – these memecoins had some serious shine (no plastic surgeries involved) 🌟
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Name |
24H Change |
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AI Hive BUZZ |
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saios EFS |
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sand codex SANDY |
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ether collective ETHER |
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Data as of 10:35 am EST.
Check out these memecoins and more here.
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Well. New year, new me. It’s finally time to update pre-rich to simply rich. As? Let me think…
Step 1. Invest in cryptocurrencies.
Step 2. ?????
Step 3. Revenue.
Ok, now what is step 2? Good, Fred ThielThe CEO of BTC miner MARA Holdings says it can be skipped entirely.
The advice he gave his children? Get Bitcoin and forget about it. By the way, imagine your dad telling you to HODL instead of cleaning your room. Goals.
Why is Thiel so calm about it? Because BTC only has dived hard three times in 14 years. Most years, it increases between 29% and 50%.
And with FOMO+ institutional conversations about better policies in the US, 2025 could be another year of BTC flexing us.
So maybe that Step 2 could really be… What would you do if you weren’t stressed about Step 2? Maybe even this 👇?..
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🤔 Speaking of institutional FOMO…
Experts reported that Morgan Stanleyone of the world’s largest asset managers, plans add cryptocurrency trading to your E-Trade platform.
Because? Simple answer: Expectations of a better regulatory environment under Trump..
At this time, E-Trade only offers indirect exposure to cryptocurrencies through things like ETFs and futures. Adding direct trade would not only expand your offering but also position you as one of the first major mainstream platforms to fully embrace digital assets.
And why is it so important for cryptocurrencies?
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Further credibility;
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Lots of money + institutional trust;
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Faster Mainstream adoption;
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Other TradFi players could do the same.
Oh, and it would be one more argument for why cryptocurrencies aren’t just a thing for tech nerds…
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🍋 News falls
🏦 A California man is suing three Asian banks, alleging they failed to detect transfers that allowed scammers to steal nearly $1 million. He says he was duped into a pig slaughter scam and the funds were funneled through banks in Hong Kong and Singapore.
💸 A leaked code snippet from X has people saying that X Money, the platform’s rumored payment system, could launch soon. So far, X has money transmission licenses in 39 states.
🐛 Speaking of which, an audited smart contract bug led Virtuals Protocol to relaunch its bug bounty program. Security researcher Jinu reported the bug and was promised a reward after the review.
⚖️ Terraform Labs co-founder Do Kwon made his first appearance in a US court and pleaded not guilty to the charges against him. Oh, and he was charged with an additional charge: conspiracy to launder money, just after his extradition from Montenegro.
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🧃 Sip of knowledge
Meet Blockpit, a crypto tax and portfolio tracking tool, with BitDegree’s latest mission. “Blockpit: Track your cryptocurrency taxes”:
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🍌 Juicy memes
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