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Bitcoin up $30k in a month...
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Newbie
Posted: 31 January 2025 14:21:31(UTC)
#1840

Joined: 31/01/2012(UTC)
Posts: 3,816
GIven the recent changes around the inclusion on the $600m mark to market income on the financial statements of Tesla and the push to include digital assets (BTC) on their regulatory quarterly statements and reporting, followed by a group of publicly listed companies doing the same, where do the naysayers stand.

After all Tesla just pumped up its income by $1bn and leading US companies are doing the same given the rule changes
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SF100
Posted: 03 February 2025 11:16:14(UTC)
#1841

Joined: 08/02/2020(UTC)
Posts: 2,254
Why is Btc price connected to tarrif-fears?
Is is something to do with China or drug cartels?
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Sara G
Posted: 03 February 2025 11:24:23(UTC)
#1842

Joined: 07/05/2015(UTC)
Posts: 4,038

Thanks: 13065 times
Was thanked: 16835 time(s) in 3507 post(s)
SF100;333063 wrote:
Why is Btc price connected to tarrif-fears?
Is is something to do with China or drug cartels?


There's no direct link. Increasingly BTC is acting as a barometer of risk sentiment, and also the fact that the recent price rises were effectively a Trump trade means that some weaker hands are getting skittish. A stronger $ (accompanied by higher rates for longer) is also generally a headwind for BTC, though that has been less obvious of late (similar to Gold in that respect).
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2 users thanked Sara G for this post.
SF100 on 03/02/2025(UTC), Mostly Retired on 03/02/2025(UTC)
Neminem Laedit
Posted: 03 February 2025 14:47:39(UTC)
#1843

Joined: 17/09/2018(UTC)
Posts: 1,471
Utah leads race to establish Bitcoin reserve, committee approves bill

https://uk.investing.com...proves-bill-93CH-3903965
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Neminem Laedit
Posted: 03 February 2025 20:33:14(UTC)
#1844

Joined: 17/09/2018(UTC)
Posts: 1,471
The American Fund: Trump’s Bold Bet on TikTok, Bitcoin, and a Sovereign Wealth Revolution

https://bravenewcoin.com...reign-wealth-revolution


Funny that we don't hear from Catweazle and his fellow-Fudsters much nowadays...

How wrong can you be?

Life-changingly, generational-changingly WRONG...
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2 users thanked Neminem Laedit for this post.
Jay P on 03/02/2025(UTC), Guest on 04/02/2025(UTC)
Robin B
Posted: 04 February 2025 09:10:51(UTC)
#1845

Joined: 01/04/2024(UTC)
Posts: 1,510
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Neminem Laedit
Posted: 05 February 2025 08:51:37(UTC)
#1846

Joined: 17/09/2018(UTC)
Posts: 1,471
President Tells Crypto Czar to ‘Evaluate’ Strategic Bitcoin Reserve, Says David Sacks
https://news.bitcoin.com...serve-says-david-sacks/
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Neminem Laedit
Posted: 05 February 2025 15:19:51(UTC)
#1847

Joined: 17/09/2018(UTC)
Posts: 1,471
Bitcoin Predicted to Skyrocket to $500K by Standard Chartered ( in 3 years !)

https://u.today/bitcoin-...0k-by-standard-chartered
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SF100
Posted: 05 February 2025 19:43:52(UTC)
#1848

Joined: 08/02/2020(UTC)
Posts: 2,254
Sounds like theyre expecting some sharp price action:

Quote:
Don't Buy The Dip On Bitcoin, Ethereum, XRP Yet, Standard Chartered Warns


$Melania

Shame it hasn't worked out, $Trump still hanging in there, kinda...

https://coinmarketcap.com/currencies/melania-meme/
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Neminem Laedit
Posted: 06 February 2025 16:57:24(UTC)
#1849

Joined: 17/09/2018(UTC)
Posts: 1,471
Trump to launch his own Bitcoin ETFs...

https://www.coindesk.com...ps-to-launch-bitcoin-etf
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