Daily Crypto NewsEDITION #1111, 06 December

Bitcoin's About to Shine Even Brighter

Today, in 1790, the U.S. Congress moved from New York to Philadelphia.

Frankly, we don’t care where Congress hangs out—even if it’s in Canada. What really matters is that they keep pumping our crypto, right?

Now, let’s get to the point—we value your time because time is Moni! 

What’s up?

Market Mood: EUPHORIA

Bitcoin: Mr. Porter, a renowned Bitcoiner and miners’ advocate, writes:

Next week there will be an announcement that will fundamentally shift the dialogue around Bitcoin.

No one is ready for what’s coming. One of the largest economies in the world is poised to win with Bitcoin.

Two huge mainstream outlets already agreed to cover it. It’s that big.

Could this mean Bitcoin’s addition to the U.S. reserve fund?

The hype has folks recalling the late John McAfee’s famous words:

If Bitcoin Breaks 100k you can bet it will break a million

And honestly, it doesn’t sound so far-fetched anymore.

Ethereum: Crypto Twitter is buzzing about $4k ETH.

Just yesterday, BlackRock funneled $122 million into an Ethereum ETF. It seems like Ethereum might fuel the next big narratives.

We’re expecting waves of AI-meme-DeFi-NFT agents with insane life-changing multipliers.

And remember those who publicly trashed Ethereum? Keep their names handy as a reminder of who not to listen to ever again.

The Talk of the Day: Today’s crucial data drop will guide the Fed’s decision on interest rates—whether to cut them again or not.

For example, everyone’s waiting on the U.S. jobs report.

Quick take:

If the report is strong, rates stay as is.

If weak, rates might drop.

Yes, a weaker labor market is needed for a rate cut. 

Other Big News:

Claim Your $XION Drop!

Warning: it’s a journey through three circles of hell, but here’s the link to get started:

Create an email.

Register.

Connect your wallets and check eligibility.

Here’s how the $XION distribution looks:

69% to XION community

5% to Gigachad

4% to SPX6900

6% to Miladi & Remilio

2% to Monad

1% to Pyth

1.5% to Mocaverse

2% to Tensorian

3% to Injective

2% to Berachain

As a Berachain holders, we got nothing, just like many others. But hey, it’s worth checking!