What happened last night···December 31st Cryptocurrency Morning News

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Graphic = Reporter Park Hye-su
Graphic = Reporter Park Hye-su
1. Peter Brandt "Bitcoin could drop to $78,000"
Famous trader Peter Brandt claimed through his X account on the 30th that based on the chart pattern 'Head and Shoulders' indicating a trend reversal according to graph analysis theory, BTC could drop to $78,000. He released the Head and Shoulders graph he drew and reported that Bitcoin is currently facing a downward trend.

2. Michael Saylor additionally purchased 2,138 Bitcoins... Total holdings around 444,400
Michael Saylor revealed through his X account on the 30th that he additionally purchased about 2,138 Bitcoins at an average price of $97,837. The amount invested by MicroStrategy in this purchase is about $209 million (about 307.6 billion won). The total number of Bitcoins held by MicroStrategy is currently 444,400.

3. Tether adds 7,629 Bitcoins to its reserve assets
Tether, the issuer of the largest stablecoin USDT, added about 7,629 Bitcoins to its Bitcoin custody wallet on the 30th. The value of the Bitcoins added to Tether's wallet is about $700 million (about 1.303 trillion won).

4. Former German Finance Minister calls for adoption of Bitcoin as a reserve asset
Christian Lindner, the former German Finance Minister, argued for the German government to adopt Bitcoin as a reserve asset for the purpose of economic recovery. In a media interview on the 30th, the former minister praised the Trump administration's plan to adopt Bitcoin and emphasized that Germany should also actively adopt Bitcoin.

Reporter Kwon Seung-won ksw@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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