Daily Crypto NewsEDITION #1117, 16 December

The New Cold War

Today, in 1997, over 600 children in Japan were hospitalized with epilepsy-like symptoms. Why? They watched the Pokémon anime.

The bull run is just beginning. Soon, thousands of people will be struck by the "FOMO" virus. Be warned.

Now, let’s quickly cover the important stuff—because we value your time, and time is Moni.

What’s up?

$BTC has hit another ATH at $106K—but these milestones are becoming routine. The next psychological barrier is $150K. We are betting we can reach it this cycle because:

- Donald Trump is planning to create a BTC reserve.

- Some believe the US and Russia are entering a new phase of the “Cold War”—a competition over who holds more Bitcoin. This crypto standoff could boost the entire industry.

- Russia might soon create its own BTC reserve.

- Following the US and Russia, Japan and other countries might join in.

- FTX is expected to pay off $12-16 billion in debt in Q1 2025, and we think that money might go straight back into buying crypto.

Wondering where people will get “helicopter money” like in 2020-2021? Here’s your answer.

- Also, 672 active Bitcoin developers are working on the Bitcoin ecosystem. We’ll see many interesting Bitcoin-related projects emerge by 2025.

We are still betting on BOB Fusion and MEZO.

And $ETH, of course.

- There’s continuous investment flowing into ETFs. On Thursday and Friday alone, $597 million and $428
million were pumped in.

- The head of BlackRock’s ETF division said their focus will remain on BTC and ETH ETFs, with no new launches planned for now.

We’re not bullish enough for 2025. NOT EVEN CLOSE, DAMMIT!!!

Other Important Updates:

- The $S coin from Sonic is coming soon.

- Abstract Chain is launching in January 2025.

- Rumors in chat groups suggest that Berachain will launch either on December 21st or in January.

- The Fed meeting on Wednesday will likely result in another 0.25% interest rate cut—good news for the markets.