reza21 🎩

@reza21

2058 Following

994 Followers

reza21 🎩 pfp

The Bitcoin (BTC) Fear and Greed Index, as measured by Alternative, has fallen to 10 following the recent price drop, its lowest level since the 2022 bear market. The index, which is rated from zero to one hundred, is currently in the extreme fear zone, up from neutral just a few days ago. Analysts believe that since Bitcoin typically bottoms out during times of extreme fear, this could be a good buying opportunity. Warren Buffett says, “Be fearful when others are greedy, and greedy when they are fearful.”

1 reply

0 recast

1 reaction

reza21 🎩 pfp

Despite the ban on cryptocurrency trading and mining in China, the country’s Supreme People’s Court stressed the need to develop clear protocols for handling cryptocurrency-related cases at a seminar in Beijing. Yang Dong, a law professor at Renmin University of China, is leading a research project to strengthen the domestic legal framework. At the same time, China’s State Administration of Foreign Exchange has tightened rules for monitoring cryptocurrency transactions and has asked banks to report suspicious transactions. According to Liu Zhengyao, a lawyer in Shanghai, the new rules will provide another basis for punishing cryptocurrency traders.

0 reply

0 recast

0 reaction

reza21 🎩 pfp

I just collected "Farcaster: Lion https://mint.warpcast.com/

0 reply

0 recast

0 reaction

reza21 🎩 pfp

I just minted my Faces of Farcaster. A custom, onchain art collection exclusively for Farcasters by @harmonybot and @sayangel

0 reply

0 recast

0 reaction

reza21 🎩 pfp

The Oklahoma State House of Representatives’ Strategic Bitcoin Reserve Bill passed a majority vote in a special committee and will now go to the full House floor for a final vote. The bill would allow the state treasury to invest 10 percent of its public funds in Bitcoin or other cryptocurrencies with a market value of more than $500 billion. Despite this progress, Bitcoin’s value has recently fallen below $90,000. Oklahoma is the latest state to advance a strategic bitcoin reserve bill. At least 25 other states have reportedly introduced such bills. Oklahoma Senator Dusty Deevers has also previously introduced the “Bitcoin Freedom Act,” which would allow workers to receive their paychecks in Bitcoin and allow companies to accept Bitcoin payments from customers.

0 reply

0 recast

0 reaction

reza21 🎩 pfp

The cryptocurrency market has seen a sharp decline today, with the total market value falling 4.90% to $2.99 trillion. At the same time, trading volume increased by 75.57% to $143.57 billion, indicating widespread selling due to investor panic. The Fear and Greed Index also fell to 29, adding to the market’s concerns. Donald Trump’s comments about imposing import tariffs on Canada and Mexico have increased economic uncertainty. In addition, over $914 million in trading positions have been liquidated in the past 24 hours, fueling the selling pressure in the market. Bitcoin’s price has reached the $89,000 range, while altcoins such as Ethereum, Solana, and Ripple have also experienced price declines of 8.24, 12.02, and 8.41 percent, respectively. Meanwhile, IP Token has seen the biggest increase with a 27.20% increase, while Lido DAO has recorded the biggest decrease with a 14.48% drop.

0 reply

0 recast

0 reaction

reza21 🎩 pfp

Aleš Michl, the head of the Czech National Bank, has proposed a feasibility study to create a Bitcoin pilot portfolio. He described the move as a way to learn and test this risky alternative asset. Michl stressed the need to adapt to changing financial market conditions and explore new options for managing reserves. Although no immediate investment in Bitcoin is planned, the initiative is seen as a way for the central bank to better understand digital assets. Michl also warned investors about the risks of the nascent cryptocurrency market, but made a distinction between Bitcoin and other digital assets. He argued that central banks should pay special attention to and study Bitcoin. The board of the Czech National Bank has also approved a broader analysis of new asset classes, including Bitcoin, but stressed that no immediate decisions will be made on the matter.

0 reply

0 recast

0 reaction

reza21 🎩 pfp

Bitcoin guru and CEO of Strategy, Michael Saylor, said at the Conservative Political Action Conference (CPAC) that the US government should buy up 20% of all Bitcoin in existence. He argued that Bitcoin is a digital asset and a key tool for future “cyberspace dominance.” Silver warned that if the US misses this opportunity, countries like Saudi Arabia, Russia, China or Europe could take the lead. He saw the move as a way to enrich the US and become a creditor nation within the next decade. Strategy (formerly MicroStrategy) holds the world’s largest corporate Bitcoin vault, with 478,740 Bitcoin. Senator Cynthia Lummis has also supported the idea, calling it an opportunity to pay down the national debt and create a strategic Bitcoin reserve.

1 reply

0 recast

3 reactions

reza21 🎩 pfp

Ki Young Ju, CEO of CryptoQuant, announced that the long-awaited altcoin season has begun, but unlike previous cycles, this time it will be played by different rules. According to his analysis, altcoin trading volume is now 2.7 times that of Bitcoin (BTC), but the growth has been very selective, with only a limited number of cryptocurrencies gaining ground. “Without fresh liquidity, it’s more like a competition for a fixed share,” he wrote in a post on social media platform X. Ju had previously warned in January that the altcoin market was still a zero-sum game, and in December he predicted that this season would be strange and challenging. Analysts believe that the traditional pattern of altcoins’ correlation with Bitcoin has been broken, and cryptocurrencies are looking for independent trends and specific applications to attract capital.

0 reply

0 recast

0 reaction

reza21 🎩 pfp

Nic Carter, a partner at Castle Island Ventures, has declared that the era of meme coins is over after the $4 billion Libra scandal. He noted that insiders in the market will soon face legal consequences, stressing that the records of suspicious transactions on the blockchain are irretrievable. Carter said that meme coins were initially introduced as a level playing field for retail investors, pointing to the Libra coin, which reached a value of $4 billion in minutes, showing that the market was engineered to benefit its operators. Ki Young Ju, CEO of CryptoQuant, also predicted that the meme coin market would enter a period of disillusionment.

1 reply

0 recast

2 reactions

reza21 🎩 pfp

Max Stuedlein, head of digital solutions at Swiss bank Sygnum, criticized the limitations of cryptocurrency exchange-traded funds (ETFs) at the Consensus Hong Kong conference. He said that limited trading hours, reduced liquidity and the loss of 24/7 access to trading, which are the main attractive features of cryptocurrencies, are among the disadvantages of these funds. This is while Bitcoin (BTC) and Ethereum (ETH) ETFs have attracted $110 billion and $10.37 billion in capital, respectively. Stuedlein stressed that instead of trying to incorporate digital assets into traditional structures, it is necessary to focus on the core benefits of these assets.

0 reply

0 recast

1 reaction

reza21 🎩 pfp

Google’s Web3 expert, Kyle Song, announced at the Bitcoin Tech Carnival conference in Hong Kong that the company is working with Bitcoin (BTC) developers to simplify Web2 users’ access to digital assets. Google plans to make using Bitcoin wallets as easy as traditional payment systems, he said, so that users can log in to Bitcoin wallets with their Google accounts. The company has been involved in the cryptocurrency space since 2018, taking steps such as integrating blockchain tools into Google Cloud and partnering with exchange Coinbase to accept cryptocurrency payments.

0 reply

0 recast

1 reaction

reza21 🎩 pfp

According to data from SoSoValue, 12 Bitcoin spot exchange-traded funds (ETFs) saw net outflows of $585.65 million in the week ending February 14, snapping a six-week streak of inflows of more than $5 billion. The week began with an outflow of $186.28 million on February 10 and continued over the next three trading days. However, the funds ended the week with net inflows of $66.19 million. Fidelity’s FBTC fund saw the most inflows with $94.04 million. BlackRock’s IBIT fund came in second with $22.26 million. Grayscale’s GBTC fund also saw outflows of $46.95 million. Ethereum ETFs also saw weekly outflows of $26.26 million.

1 reply

0 recast

0 reaction

reza21 🎩 pfp

Ark Invest’s Big Ideas 2025 report predicts that Bitcoin will hit $1.5 million by 2030. The prediction is based on increasing institutional adoption, robust market demand, and Bitcoin’s growing role as “digital gold.” The report outlines three Bitcoin scenarios: a conservative $300,000, a base $710,000, and an optimistic $1.5 million price. Ark points to Bitcoin’s resistance to a major sell-off in 2024, indicating strong demand. In addition, the value of Bitcoin on corporate balance sheets has increased from $11 billion in 2023 to $55 billion in 2024. The introduction of Bitcoin spot ETFs in the US was also a historic milestone, attracting more than $4 billion on its first day of trading. Ark also expects Bitcoin’s long-term value to increase, given the 2024 halving, which will further limit supply.

1 reply

0 recast

1 reaction

reza21 🎩 pfp

Cryptocurrency analyst and trader Michaël van de Poppe has outlined two possible paths for Bitcoin and altcoins in the coming months. In the first scenario, he predicts that the cryptocurrency market will follow a four-year cycle, with Bitcoin hitting a new all-time high in Q4 2025 and altcoins surging in Q1 2026. In the second scenario, van de Poppe believes that Bitcoin and altcoins will see further growth, along with rising stock prices, all influenced by President Trump’s policies. He predicts that in this case, Bitcoin could reach $1 million and altcoins could experience irrational valuations. However, the analyst warns that after this period, a trend reversal and possibly the biggest correction or crisis in the market will occur.

0 reply

0 recast

1 reaction

reza21 🎩 pfp

With over 19.96 million Bitcoins (BTC) mined, 95% of the cryptocurrency’s total supply has now been mined. Since the November 2024 US presidential election, the supply of Bitcoin on exchanges has fallen by 15%, with the amount of Bitcoin outside exchanges rising from 17.99 million to 18.3 million, according to data from Santiment. Matthew Sigel, director of digital asset research at VanEck, predicts that as Bitcoin storage schemes roll out in 20 US states, demand will be created for $23 billion (247,000 BTC).

0 reply

1 recast

1 reaction

reza21 🎩 pfp

Britain’s Channel 4 is set to air a new documentary about Satoshi Nakamoto, the mysterious creator of Bitcoin (BTC). The documentary, titled Seeking Satoshi: The Mystery Bitcoin Creator, will be released on YouTube in five 20-minute episodes starting February 17 and will be broadcast as a feature-length film in early March. According to executive producer Will Anderson, the documentary has evolved from a simple search to find Nakamoto’s identity to an exploration of a possible conspiracy by a group of Silicon Valley powerhouses to undermine democracy. The documentary follows a controversial HBO show that previously named Bitcoin developer Peter Todd as the creator of the digital currency.

0 reply

0 recast

0 reaction

reza21 🎩 pfp

A new report from Breez suggests that Bitcoin is returning to its original role as “digital money.” The Lightning Network, which offers faster and cheaper transactions, is at the heart of this transformation. More than 650 million people around the world now have access to Bitcoin, including users of centralized exchanges like Coinbase and Binance, as well as peer-to-peer (P2P) platforms. The report says that in developing countries with high inflation, Bitcoin is shining as a digital currency. For example, the Pick n Pay chain in Africa uses Lightning to process Bitcoin payments. The report also argues that Bitcoin has advantages over stablecoins because it is decentralized and its value is determined by global consensus. However, most Bitcoin holders still hold it more for investment than spending.

0 reply

0 recast

0 reaction

reza21 🎩 pfp

In a post on Platform X, renowned cryptocurrency analyst Michaël van de Poppe predicted that Bitcoin will likely reach an all-time high in the next 2-3 weeks. He is bullish on Bitcoin’s bullish trend, comparing it to gold’s strong performance. Gold recently broke its previous record in late January and is now trading above $2,900 per ounce. This would be the seventh consecutive week of gains for gold. Despite the historical correlation between the two assets, Bitcoin has been relatively stable recently and has entered an accumulation phase. Another analyst, Daink, noted that while gold is moving towards new highs, Bitcoin has yet to follow suit. However, he believes that Bitcoin usually catches up to gold after such breakouts, meaning Bitcoin may soon be ready to catch up.

0 reply

0 recast

0 reaction

reza21 🎩 pfp

A veteran cryptocurrency trader who goes by the pseudonym Ash Crypto has claimed that the Chinese government plans to lift its ban on Bitcoin (BTC) and other cryptocurrencies by the end of 2025. While the claim has been widely welcomed by cryptocurrency activists, no credible evidence has been provided to support it. Forbes analysts have stated in a report that given the strict stances of the People’s Bank of China and other regulators, the possibility of the ban being lifted is very low at least until the end of Xi Jinping’s term in office in 2029.

1 reply

0 recast

0 reaction