The executive order from Trump establishing the first federal (public) strategic reserve of Bitcoin and other cryptocurrencies arrives. A move with which the US wants to become a leading nation in cryptocurrency, driving innovation and alternative monetary policies. But there remain unknowns and critical voices about possible negative consequences in the world. #BTC
The story is simple! No one is forced to use Drex. I will use my Crypto.
Investidores - Brasileiros
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Bullish
Trump says no to “US Drex” and yes to cryptocurrencies!!
US President Donald Trump has opposed the creation of a “digital dollar”, but has supported cryptocurrencies, launching his own currency, $TRUMP .
Meanwhile, the Central Bank of Brazil is developing the digital real, called Drex, which faces criticism from lawmakers like Júlia Zanatta, who are concerned about state control.
Trump has said that the “digital dollar” could make money disappear from accounts. In Brazil, Drex is in the testing phase and is being developed in partnership with large banks. CBDCs, like Drex, are centralized and controlled by the Central Bank, while cryptocurrencies like Bitcoin are decentralized.
CBDCs allow the Central Bank to create, destroy and block assets, while cryptocurrencies are governed by transparent and decentralized rules. Privacy is a concern, as cryptocurrency transactions are anonymous, while CBDCs require user identification.
Lawmakers fear that Drex will facilitate economic control over the population. Legislative proposals seek to prevent the extinction of paper money and ensure that any implementation of digital currency is approved by the National Congress.
The Central Bank states that Drex will be used for large transactions and will have the same value and acceptance as physical reais, with regulation and issuance carried out by the Central Bank and use intermediated by other financial institutions.
Vitalik Buterin's purchase of PEPE has sparked market speculation
Vitalik Buterin's purchase of 508.6 million PEPE tokens has sparked speculation about the coin's growth potential. PEPE is trading at $0.00001625, facing resistance at $0.00002000, with support holding at $0.00001500. While a $1 price target seems unlikely, the broader market momentum could drive short-term gains for PEPE. Pepe Coin, a meme-inspired cryptocurrency, has surged a staggering 1,335% over the past year, sparking speculation about its potential for even greater growth. Ethereum co-founder Vitalik Buterin is adding fuel to the hype, with his recent purchase of PEPE tokens attracting significant market interest.
If you don't have a long-term vision, this is not the place for you. Study, really learn, get certified and as the CEO said: This is just the beginning! 😉
Richard Teng
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With growing interest and FOMO, many of my friends are asking whether now is the right time to invest in crypto.
Just a reminder: DYOR (Do Your Own Research) and make sure you understand the space before getting involved. Take a long-term view—we're still early.
Last week, the Federal Reserve (US central bank) met to announce a cut in the basic interest rate, and risk markets (such as the crypto market) appreciated.
BTC recovered the $60k mark, and is currently very close to $64k - the area of the top of the previous cycle.
Could we be at the beginning of a new bullish phase?
Observing how Bitcoin will behave over the next few days may provide the answer to our question.
At the moment, the price is just below an important resistance area. This consists of both the 200-day moving average and also BTC's last local top.
If BTC manages to break through $64k, where these resistance areas are located, we could be at the beginning of a new upward leg.
For this, it is also important that a structure of higher lows begins to form. In the event of a fall, the area around $60k has to serve as support.
If this support fails, we return to the consolidation scenario - with the possibility of deeper corrections.
If BTC rises above $64k (with daily/weekly closings), everything seems to indicate the beginning of a new bullish phase.
For now, the price is between these two regions. #Bitcoin❗ $BTC What do you think?
Ainda é cedo para dizer se ETH/BTC está em sua região de fundo ou não, mas após esses 2 anos de queda, o par ETH/BTC finalmente corrigiu o suficiente para chegar em áreas com relevância histórica que podem servir como suporte. $ETH $BTC