Tom Lee said at the KBW2025 conference that Ethereum is a «truly neutral network» that Wall Street and the Donald Trump administration will start using.
Analyst forecasts:
⊹ BTC - $200,000-250,000 by the end of the year.
⊹ ETH - $10,000-12,000, with further potential up to $15,000+.
Tom Lee is an analyst, co-founder of Fundstrat and head of the mining company BitMine.
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Naver will exchange shares with the parent company Upbit (Dunamu).
As a result, South Korea’s largest crypto exchange will be completely under the control of Naver Financial.
Upbit will become part of the Naver ecosystem - from payments and investments to services for everyday life.
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#scam
⚠️ Fraudsters disguise themselves as Coinbase and advertise a fake «partnership» with the password manager Dashlane (warning)
DO NOT install any extensions and DO NOT click on the left links.
@Сryptoz ₿
DO NOT install any extensions and DO NOT click on the left links.
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🇺🇸 U.S. macro data:
▪️ GDP (q/q) (2 sq.)
FACT: 3.8%
FORECAST: 3.3%
PRE.: -0.5%
▪️ GDP deflator (q/q) (2 sq.)
FACT: 2.1%
FORECAST: 2.0%
PRECES.: 3.8%
▪️ Number of primary applications for unemployment benefits
FACT: 218K
FORECAST: 233K
PREC.: 232K
@Сryptoz ₿
▪️ GDP (q/q) (2 sq.)
FACT: 3.8%
FORECAST: 3.3%
PRE.: -0.5%
▪️ GDP deflator (q/q) (2 sq.)
FACT: 2.1%
FORECAST: 2.0%
PRECES.: 3.8%
▪️ Number of primary applications for unemployment benefits
FACT: 218K
FORECAST: 233K
PREC.: 232K
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THE OUTFLOW of money from Ethereum ETF (#ETH) is still going on = -$79,360,000 for yesterday.
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The U.S. economy is growing at the fastest pace in the last two years thanks to consumer spending.
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#onchain
👇 The Kingfisher: Traders are massively shorting altcoins - the risk of liquidations is growing.
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Due to the thoughtless copying of Michael Sailor’s BTC strategy, many did not notice that MSTR shares have fallen by 45% from the peak of November 2024.
I don’t think companies with BTC reserves will survive this bear market.
Silver jumped by almost 3%, closing above $45, while Bitcoin collapsed below $109,000. I always thought that it was gold that would pierce the Bitcoin bubble. It looks like it can make silver (twitter)
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Charges: work without registration and lack of due measures against money laundering and terrorist financing (AML).
Representatives of the KuCoin exchange appealed to the Federal Court of Canada, stating that the fine was excessive.
Recall: earlier the exchange had problems in the United States - then KuCoin pleaded guilty and paid almost $300m.
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Net outflow for yesterday:
▪#ETH = -$251,200,000.
▪#BTC = -$258,460,000.
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The investment giant is preparing to offer cryptocurrency ETFs on its brokerage platform.
Vanguard manages assets in the amount of $10,000,000,000,000.
Recall: In December 2023, the company caught a wave of hate from the crypto community for REFUSING to launch its own ETF on Bitcoin (+ statements about cryptocurrency) and unwillingness to provide access to investments in BItcoin ETF to its customers.
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▪️ Basic price index of personal consumption costs (y/y) (Aug)
FACT: 2.9%
FORECAST: 2.9%
PRED.: 2.9%
▪️ Basic price index of personal consumption costs (m/m) (Aug)
FACT: 0.2%
FORECAST: 0.2%
PRED: 0.2%
▪️ Price index of personal consumption costs (y/y) (Aug)
FACT: 2.7%
FORECAST: 2.7%
PRED: 2.6%
▪️ Price index of personal consumption costs (m/m) (Aug)
FACT: 0.3%
FORECAST: 0.3%
PRED: 0.2%
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We are talking about Justin San:
(Main theses from the article)
◽️The crypto oligarch has not appeared in the United States for years because of the SEC’s fraud lawsuit.
◽️I came back only for dinner with Donald Trump - after buying his memecoin #TRUMP for $90,000,000.
◽️The Tron (#TRX) blockchain under its control drives $600,000,000,000 per month (4 times more than PayPal), but the UN and TRM Labs call the network the main tool for laundering and financing terrorists.
◽️San became a key investor of the Trump family company World Liberty Financial (#WLFI) - in total he invested more than $75,000,000, and eventually raised $550,000,000 in WLFI.
◽️After his investments, the SEC suddenly froze the case against him.
◽️In early September, WLFI blocked San’s tokens.
◽️According to Bloomberg Billionaires Index, Justin Sun controls 64% of the total supply of TRX (60b tokens). The billionaire filed a lawsuit demanding to ban the publication, but lost.
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#onchain
🤔 The ancient BTC holder from 2013 «woke up» - transferred 400.07 BTC ($44.24m) to 27 new addresses.
These Bitcoins were bought 12 years ago for $239,866 (200x) from miners of the Satoshi Nakamoto era.
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These Bitcoins were bought 12 years ago for $239,866 (200x) from miners of the Satoshi Nakamoto era.
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