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Bhutan launches its token on Solana

🔵 Bhutan announced the launch of TER – a sovereign digital token backed by gold. The start is scheduled for December 17, and the network chosen for the issuance is Solana.

🔵 Bhutan has quietly been increasing its presence in crypto and mining for several years, and now it is coming out with its own stablecoin.

On BTC locally

After yesterday's news from the Fed, Bitcoin fell by 5% and is currently trading around $90,300. Against the backdrop of the drop, a 4-hour imbalance formed at $91,800-$90,400, and this range acts as resistance for longs.

In order to continue the upward movement, we need to secure above the level of $91,800; only then can we confidently consider longs towards the liquidity of $97,500.

If we cannot secure above the imbalance and drop below, the key level will be support at $87,700; if we secure below, there will be a trend change.

Morning market overview

Against the backdrop of the Fed's rate cut and Powell's speech, Bitcoin attempted to rise above $94,000, but the positive sentiment quickly faded. Ethereum even attempted to rise to $3,500.

📈 Leaders of decline: PENGU -11%, DASH -9%, PUMP -9%.

Fear and greed index 29 — slowly increasing.

Such is the market

The Fed just announced its decision on the rate

🔵 The rate has been lowered to 3.75%
🔵 The forecast was 3.75% (90% chance)
🔵 The previous rate was 4.00%

On BTC locally

Yesterday we increased by 5% and reached our first target of $94,100, after which we saw a pullback and are currently trading around $92,600.

Against the backdrop of yesterday's growth, an imbalance formed at $90,500-$92,600, and there is also a liquidity pool within this range at $90,900. I expect a move lower to work with the liquidity and a deeper test of the imbalance, followed by the formation of a reversal with a target in the form of liquidity at $97,500.

Trump is preparing a mobile game with his token

There isn't much information yet, but a giveaway of $1,000,000 in $TRUMP is being prepared.

The generated images scream about 'quality'.

People against AI from Aster

🔵 Currently, there are 70 funded traders and 30 AI agents in the arena.

🔵 Conditions for participants: you do not invest a cent, losses are covered for you, and profits are unlimited + prize pool of $200,000.

🔵 But money is secondary here. The main question is whether the algorithm can defeat human intuition, risk, and market psychology.

The battle runs from December 9 to 23. The arena is live: AsterDEX.com/en/campaigns/human-vs-ai

Morning market overview

Bitcoin is trading just below $93,000. Ethereum has risen above $3,300. All altcoins in the top 100 are in the green zone.

📈 Among the leaders of growth in the last 24 hours: M +11%, FET +10%, PENGU +10%.

There are no declining assets. The fear and greed index has slightly increased — 26.

NOW: $XRP has just secured its FIRST listing on a fully regulated futures exchange in the USA. A historic moment for this asset class!🇺🇸

In an hour, Bitcoin has risen by 3% and is currently trading around $93,100.

This morning, I wrote that to confirm the uptrend, we need to wait for a consolidation above the level of $92,100. The price has confidently consolidated, and the first target will be the liquidity at $94,100.

The largest banks in the USA begin to lend against Bitcoin

🔵 Michael Saylor said that BTC is already accepted as collateral by six banks: Citi, JPMorgan, Wells Fargo, BNY Mellon, Charles Schwab, Bank of America.

🔵 An important event is also happening in the USA. On December 11, the heads of Bank of America, Citigroup, and Wells Fargo will meet with senators to discuss the CLARITY bill.

🔵 Bankers want to ban interest on stablecoins, achieve equal conditions with crypto companies, and strengthen control over the use of crypto in gray schemes.

🔵 The struggle for power continues in closed negotiations. Who will be the main regulator, the SEC or the CFTC?

URGENT: $XRP is leading on Wall Street! The 10-cryptocurrency index ETF from Bitwise is now available on NYSE Arca and includes:
$BTC , $ETH , $XRP , $SOL , $ADA , $LINK , $LTC , $SUI , $AVAX and $DOT
. Institutional investors are officially blocked.🚨

NOW: PNC Bank with assets of 410 billion dollars is partnering with Coinbase to offer clients direct trading of bitcoins. This is the first bank among major U.S. banks to offer such a proposition.

For BTC locally

Bitcoin is holding in the zone of $88,800–$90,100 and is currently trading around $90,600. To confirm the bullish scenario, it is important to see a consolidation above $92,100 — this will strengthen the growth structure and open the way to liquidity in the range of $94,000–$97,000.

Also, today at 18:00 MSK, unemployment data will be released, which may increase volatility in the market.

Morning market overview

🚧 Bitcoin holds $90,000. Altcoins are declining, but slightly. Many assets have lost between 5-10%.

📈 Among the leaders of growth in the last 24 hours: CC +11%, ZEC +11%, M +6%.

The fear and greed index remains in the zone of extreme fear — 22.

BlackRock has filed an application to create an Ethereum ETF with staking options.

The iShares Staked Ethereum Trust aims to gain SEC approval to generate income from ETH.

Major players are buying up again

🔵 Strategy bought 10,624 BTC for $963 million at an average of ~$90,600.

🔵 Now they have 660,600 BTC, accumulated for $49.3 billion at an average of $74,000. The return is +24.7%.

🔵 Tom Lee's Bitmine purchased another 138,452 ETH for $435 million. They currently hold 3,864,951 ETH valued at $12.1 billion.

Two funds — one and a half billion dollars in fresh purchases over the week.

Trump is preparing a "loud" statement

The White House advisor stated that Donny will announce "huge" positive economic news

The carousels again 🎢

Top-7 unlocks of this week:

⚪️STABLE — $566.38 million
⚪️PUMP — $29.61 million
⚪️APT — $19.88 million
⚪️LINEA — $8.16 million
⚪️MOVE — $7.15 million
⚪️MOCA — $4.43 million
⚪️BB — $4.04 million