The current cycle compared to previous cycles, which currently follows a 4-year cycle, has not changed at all.‌

On this day, 11 years ago, Michael Saylor said that #Bitcoin's days were numbered. Today, in 2024, his company is the largest accumulator of BTC among publicly traded companies. And Saylor? Distinguished ambassador of institutional investment in bitcoin.

NEW: Cango Inc, an auto trading platform 🇨🇳 listed on China's New York Stock Exchange, makes a drastic change and quietly becomes one of the top Bitcoin miners. Bought 32 EH/s ASIC Antminer for $256 million and could add 18 EH/s miners in stock, which would match MARA's self-mining hash rate at 50 EH/s 😮

https://image.nostr.build/f07fb594199008ade467c640b98291fb33fe4d7f2b7c17a25ddd46d5d54bb77b.jpgNUEVO: 🇺🇸 El ETF de oro de BlackRock tardó 20 años en alcanzar los 33 mil millones de dólares en activos bajo gestión; su ETF de Bitcoin tardó menos de un año. Los ETF de más rápido crecimiento en la historia 🙌

GOOD WEDNESDAY! 💸 The price of Bitcoin begins the day in the USD 105,000 area. It fell around 4% after marking a new ATH above 108,300. 🟢 The Fear and Greed Index is located in "Extreme Greed" at 80 out of 100. 🌐 The global cryptocurrency market capitalization is 3.66 T and the total volume is 202.92 B. 🕯 Today a day of volatility is expected for Bitcoin and the markets as the United States Federal Reserve will announce interest rates, an event that usually influences quotes.

Breaking Minute🚨: The Bitcoin Policy Institute has drafted an executive order to "Designate #Bitcoin as a strategic reserve asset." 😏You only need Trump's signature on the first day.

LATEST: In the US, Bitcoin ETFs have outperformed gold ETFs in AUM, outperforming gold despite its 20-year lead.

⚡ TODAY: Mt. Gox transfers $172M #Bitcoin to new wallets as BTC hovers near $107K Arkham Intelligence shows the exchange moved a total of roughly 1,619.6 Bitcoin to two untagged addresses on Dec. 17, split between a 1427.9 BTC and a 191.7 BTC transfer.