BTC with more than $ 150K is ‘presculative fever’, SAB 121 is canceled: Hodlers Digest, January 19

The best story of this week

NASDAQ pursues modifications for BLACKROCK’s Bitcoin ETF for spot repayment.

NASDAQ has submitted submissions on behalf of asset manager BLACKROCK to pursue a change of rules to allow spots to create and repay the Bitcoin Exchange Exchange Fund (ETF).

Bloomberg ETF analyst James Seyffart said on January 24, when Blackrock was released with another 10 Spot Bitcoin ETF in January 2024, Blackrock would have to be able to do it in Get-GO. .

On the same day, six encryption ETF applications were submitted in the United States.

NASDAQ proposed to “allow the transfer of the trust of trust Bitcoin” as submitted to the US Securities and Exchange Commission on January 24.

The submission states that the “approved participant”, an institution that promotes the creation and restraint of fund stocks, can receive cash or bitcoin when making stocks or repaying stocks using cash or bitcoin.

Fine straight may be taxed on unlawful Bitcoin profits of $ 19B.

Despite not selling Bitcoin, the fine straight may have to pay taxes for unrealistic profits.

According to the 2022 inflation reduction method, Michael Saylor of Michael Saylor, the largest bitcoin holder of the largest Bitcoin holder, a small stretrate of a small straight ridge of a small straight ridge Michael Saylor of Michael Saylor (Michael Saylor) of Michael Saylor is Michael Saylor Federal income tax is realized You may have to pay for the benefits.

According to the Wall Street Journal on January 24, the law has established a “lowest tax” tax, which allows you to get a 15%tax rate based on the adjusted version of the company’s income.

Nevertheless, the US National Tax Service can create exemptions for BTCs according to the more passive administration of President Donald Trump.

Microstrategy’s stake surpassed 450,000 BTC after acquiring BTC’s $ 243 million on January 13 and exceeded $ 48 billion.

Thank you for the entire surface of the Silk Road founder Ros Wool Brisch.

Ross Ulbricht, the founder of Silk Road, who was sentenced to double life without parole, was publicly grateful after receiving a former pardon from US President Donald Trump.

This has been held for more than 11 years since ULBRICHT was released from Arizona’s largest security prison.

“Last night, Donald Trump gave me a complete forgiveness. I was in life without parole and was trapped for more than 11 years. But he made me me. I am a free man now. ULBRICHT said in a video shared on X on January 23.

ULBRICHT thanked you for calling the forgiveness “amazing blessings.” He added:

“President Trump, thank you for this amazing blessing. I am so grateful that I regain my life, regain my future, and have this second opportunity. This is an important moment for me and the whole family. ”

The SEC canceled the controversial encryption accounting rules SAB 121.

The US Securities and Exchange Commission has canceled the controversial rules of requesting a financial company with encryption to record debts in the balance table.

On January 23, the committee’s new employee accounting bulletin board (SAB) said in March 2022, SAB 121, the rules of agency that the encryption industry wants to cancel for a long time, will withdraw the interpretation guidelines.

“Hello, bye Sab 121!” The agency’s encryption task force, Hester Peirce, wrote on the X post on January 23. “It wasn’t fun.”

The SEC posted SAB 121 in March 2022, which requested a financial company that was encrypted on behalf of customers to report assets as a responsibility for the balance table. The encryption industry said that it would be more difficult to keep the encryption while withdrawing the bill.

The chairman of the French Hill House Financial Services Commission said in a statement on X that “I was pleased to see the wrong SAB 121 rules withdrawal.”

Elizabeth Warren suggests that Elon Musk should pay more taxes on government efficiency.

Senator Elizabeth Warren, a US Senator, sent a public letter to Elon Musk Chairman Elon Musk, suggesting a way to reduce the federal government.

According to a letter on January 23, Warren supported the internal profit service (IRS), finished interest in interest, and added capital gains to real estate.

As the socio -economic group is mentioned four times in four simple unit sections titled “Waste and Abuse of Federal Tax Code,” a rich man seems to be the subject of Warren’s IRS proposal. The MUSK, which is estimated to be $ 426 billion in net assets, is certainly a category.

Senator Warren expressed strong concerns about the Doge process and policies, especially leadership between leadership.

“In 2024, the transition to a wider cryptocurrency began, and when the new coin of President Donald Trump and Mrs. Melanie began, a strong priority for the future was set.”

The most memorable quote

“In 2024, the transition to a wider cryptocurrency began, and when the new coin of President Donald Trump and Mrs. Melanie began, a strong priority for the future was set.”

Ben JuwooBYBIT co -founder and CEO

“Many governments have gold, but I think Bitcoin is essentially a new gold standard. The key principle is that it should have assets that maintain value over time. ”

Brian ArmstrongCOINBASE CEO

“If you are afraid of the withdrawal of the currency or fear the economic or political stability of the state, you can have an internationally -based tool called Bitcoin to overcome the fear of the region.”

Larry PinkBlackrock’s CEO

“The reason why the community is interested in Ross’s trouble, just as Trump was very accurately adjusted, was how his political persecution by the state was carried out.”

Dead GreenspanFounder and CEO of Quantum Economics

“Based on what I know, the Trump family will build at least one huge business in Ether Leeum.”

Joe RubinEther Leeum co -founder and founder of consensys

“I don’t think Bitcoin is a threat to the US dollar.”

David SolomonCEO of Goldman Sachs

Winners and losers

Bitcoin after the state is over (BTC)) Etter is $ 104,900 (ETH)) $ 3,322 XRP For $ 3.10. According to CoinmarketCap, the total market cap is $ 3.60 trillion.

Among the 100 largest Cryptocurrencies, the top three Altcoin Gainers are the official Trump. (erase) 372.53%, Raydium (ray) 32.13% and gatetoke (GT) 24.35%

The top three Altcoin losers are Sonic (Prev. FTM). (S) 31.97%, AI16Z (AI16Z) 30.77% and Dogwifhat (WIF) For more information about 30.68% encryption price, read Cointelewraph’s market analysis.

This week’s prediction

The analyst said that Bitcoin can raise $ 15 million to the top before repeating the 2017 cycle.

James Check, a senior analyst in GlassNode, says Bitcoin’s price measures can imitate the cycle of 2016 to 2017 and record the best of $ 150,000.

The check said in the episode on January 23rd. They start Podcasts of $ 120,000 to $ 150,000 are called Bitcoin’s “Topping Cloud”, and more levels will not be maintained for a long time.

“We are very unlikely to stay at the top, so we can absolutely rupture the top.”

Bitcoin is currently trading for $ 103,019, and “average guy” is “very profitable” when it reaches $ 120,000.

“On top of that, it is an inference fever, and if we go beyond that, we will think that we will go back through it,” he said.

According to Bitbo data, Bitcoin’s short -term holders paid an average of $ 90,349 per BTC, and long -term holders paid an average of $ 24,627.

Fud

John Mcafee’s widow begins Memecoin, but some suspect fraud.

Janice Elizabeth Mcafee, a widow of John Mcafee, said that Donald Trump’s removal of zinc was continuing to grow in the weekend token’s weekend token.

MCAFEE announced on January 23 that it launched a token through an X account of a late husband. During his life, MCAFEE was Cryptocurrency, especially Bitcoin’s enthusiastic supporters and the ability to reduce state power for the financial system.

The initial reaction of X’s encryption community was positive, but later analyzed, according to an analysis, 90%of the tokens were already distributed in hundreds of different wallets and a small amount was sent to two trading pools.

Password donation to extremist organizations in Europe -Report

According to a report from the Blockchain Data Platform Chainalysis, Cryptocurrency donations to extremist groups have fallen worldwide, but are increasing in Europe.

The report, shared with COINTELEGRAPH, shows most of the cryptocurrency donations to extremist groups in North America before 2017. Since then, Europe has been steadily capturing its inflow. For example, between 2022 and 2024, Europe accounted for almost 50%of the chain activities of extremist groups.

Not only is the encryption donation to European extremist groups not only increases, but also increases the size of donations and donors. In 2023 and 2024, at least five types of extremist groups have increased deposits every year: white nationalists (270%), nationalists (164%), conspiracy (70%), anarchists (35%) and Anti -Semitism (22%) and reports pointed out.

The co -founder of the director released in France a few days later: Report

According to a statement from the Paris Prosecutor ‘S Office, quoted by Bloomberg, David Balland, co -founder of the French cryptocurrency hardware wallet manufacturer, was released in accordance with the abduction of harmfulness.

Balland was kidnapped in central French house on January 21st. On the night of January 22, he was captured until the police operated his release. The kidnappers demanded the ransom of Cryptocurrency.

The director was founded in 2014 by Balland and others. The device is designed to keep the user’s private key offline to protect digital assets from online vulnerabilities.

The company, which raised 100 million euros ($ 190 million) in 2023, currently employs about 700 people with an evaluation of 1.3 billion euros ($ 14.2 billion).

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Contributed to the COINTELELEGRAPH MAGAZINE writer and reporter Guy.