Update you need to read!
Big changes in crypto are coming. U.S. states are exploring Bitcoin reserves, Meta will copy what MicroStrategy is doing, and a massive crypto rally is set for Q1!
Weekly Market Recap and Insights
Bitcoin reserves
New Hampshire and North Dakota are taking steps to embrace cryptocurrency by proposing state Bitcoin reserves. The interest is growing every day, so even if the strategic Bitcoin reserve doesn’t happen, it could force the states to decide for themselves. Once one state passes the bill and makes it a reality the snowball will start rolling.
Meta copying MicroStrategy?
In the corporate world, a Meta shareholder has proposed that the company invest part of its $72 billion in cash reserves into Bitcoin. The proposal aims to use Bitcoin as a hedge against inflation and improve financial returns, aligning with some Meta executives’ public support for cryptocurrency.
Bitcoin rally followed by an altseason?
Bitcoin dominance has been on the rise since the end of 2022 but predictions are that we are entering a phase of widespread price surges. The biggest moves happened after the Bitcoin dominance chart started falling like crazy. After that $ETH went on a rally and went up over 700%. Altseason hasn’t started yet, now is the time to LOCK IN.
Weekly Event
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