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Markus Thielen from 10x Research perceives a "real possibility" of a lower CPI figure in the US on 12th February, which could go against consensus expectations and potentially spark a Bitcoin rally.
Quick Take Strategy has recommenced its bitcoin acquisitions, purchasing an additional 7,633 BTC for around $742.4 million at an average price of $97,255 per bitcoin. These recent acquisitions come after the sale of Strategy shares equivalent to the same value.
The official X account of the President of the Central African Republic announced a memecoin named CAR. The launch of the memecoin is described as an experiment to determine if a meme can "unite people" and support the "national development" of the Central African Republic.
Quick Take The prices of various cryptocurrencies have dipped after President Trump told reporters that he plans to implement new 25% tariffs on steel and aluminium next week. The price of Bitcoin, which briefly surpassed $100,000 on Friday, has slid to around $95,000, with Ethereum down 3.5% in the past 24 hours. The price action comes shortly ahead of Super Bowl LIX, expected to be the most-watched telecast of the year.
Bitcoin's historical price data suggests potential for new all-time highs in Q1, yet liquidity gaps below $80,000 might cause a short-term price decline.
Bitcoin could reach $150,000 this cycle, and if it surpasses that price level, it will probably "come back down through it," says Glassnode analyst James Check.
The group will focus on creating a federal regulatory framework for digital assets, including stablecoins, and will work to assess the establishment of a "strategic national digital assets stockpile."
Markus Thielen from 10x Research states that Bitcoin is moving in $18,000 increments and forecasts it could reach $122,000 by February.
AI-driven meme coins utilise artificial intelligence for personalised content, real-time analytics, and enhanced user engagement. While these innovations present exciting possibilities, the long-term success of this sector will depend on addressing key challenges.
- 13:02Elon Musk: Back to Working Seven Days a WeekAccording to Jinse Finance, Musk posted on social media: Back to working seven days a week. If my kids aren't around, I'll sleep in the office.
- 12:52Multiple Regions Warn of Illegal Fundraising Risks in Virtual CurrenciesOdaily Planet Daily News: Recently, the collapse of the "Xinkangjia" Ponzi scheme, which claimed to offer a "2% daily interest" and involved tens of billions of yuan, has drawn widespread attention and heightened vigilance across society regarding new forms of online fraud. Regulatory authorities have issued frequent warnings. According to incomplete statistics, since July, financial regulators in multiple regions—including Guangdong, Yunnan, Hunan, Liaoning, Heilongjiang, Zhejiang, and Fujian—have intensively cautioned the public about the risks of illegal fundraising and new types of online scams under the guise of "virtual currency." (Yicai Global)
- 12:26Next week will see major token unlocks for AVAIL, VENOM, ALT, and othersAccording to Jinse Finance, data from Token Unlocks shows that tokens such as AVAIL, VENOM, and ALT will undergo significant unlocks next week (all times in UTC+8). Specifically: Avail (AVAIL) will unlock approximately 972 million tokens at 4:00 PM on July 23, accounting for 38.23% of the current circulating supply, valued at around $18.9 million; Venom (VENOM) will unlock about 59.26 million tokens at 4:00 PM on July 25, representing 2.84% of the current circulating supply, valued at approximately $13.4 million; AltLayer (ALT) will unlock around 240 million tokens at 6:00 PM on July 25, making up 6.39% of the current circulating supply, valued at about $8.9 million; Sahara AI (SAHARA) will unlock roughly 84.27 million tokens at 8:00 PM on July 26, which is 4.13% of the current circulating supply, valued at around $6.9 million; SOON (SOON) will unlock about 41.88 million tokens at 4:30 PM on July 23, accounting for 22.41% of the current circulating supply, valued at approximately $6.1 million.