Bitcoins - about to hit $5,000 per coin today!

[Mayday]

For me, pretty good. Provides an opportunity for cheaper DCA BTC stacking.

Same here.

A bear market will be a fantastic opportunity to buy. ETH. Imagine missing the top again on alts, oh man.

[Griffith]

Europe’s Largest Asset Manager Launches Tokenized Fund on Ethereum

Amundi has launched Europe’s first tokenized share of a money market fund, making it available through both traditional and blockchain-based distribution, according to an announcement on Thursday.

The fund uses distributed ledger technology and the public Ethereum blockchain “to ensure transparent record-keeping of fund units and traceability of transactions,” technology partner CACEIS stated.

CACEIS is providing the tokenization infrastructure and a digital platform for subscriptions and redemptions. The first transaction was recorded on November 4 on the Ethereum network.

Europe’s €2.2T Asset Manager Amundi is the region’s leading asset manager and one of the tenth largest globally, with around 2.2 trillion euros in assets under management. It serves 100 million clients, including individuals, institutions, and corporates, and employs 5,700 professionals across 35 countries.

The tokenization initiative on Ethereum represents Amundi’s move toward digital asset distribution, positioning the firm at the forefront of blockchain adoption in traditional asset management.

“The tokenization of assets is a transformation set to accelerate in the coming years around the world. This first initiative on a money market fund demonstrates our expertise and the robustness of our methodology in covering concrete use cases,” said Jean-Jacques Barbéris, Head of Institutional and Corporate Clients, at Amundi.

The move is a significant development for Ethereum, solidifying its position as the industry leader in tokenizing real-world assets.

https://cryptopotato.com/europes-largest-asset-manager-launches-tokenized-fund-on-ethereum/

[SouJerz]

Keep stacking satoshis!!!!!

[Griffith]

Ethereum successfully completed its Fusaka upgrade.

[obsidian]

The US PMI has been depressed for 37 months now. That's the longest period since it's been tracked. Interesting that the 2017/18 and 2021 crypto cycle peaks coincided with the PMI peaks. Crypto is worldwide but it is still influenced by what goes on in the US. Most influencers have unilaterally decided the bear market is upon us. QT is ending, interest rates will be lowered, hopefully the PMI starts trending up. Most alts never had a bull run since 2021. Ethereum has not experienced even an inflation adjusted 2021 ATH. Time will tell, but I hope these influencers all have to FOMO buy back in at higher levels. Fuck Em!



https://www.tradingview.com/chart/JhkJkbxB/?symbol=ECONOMICS%3AUSBCOI

[MuscleBuff]

150K BTC when 

[obsidian]

Keep stacking satoshis!!!!!

Bitcoin might be in trouble. Block rewards halve every four years, and transaction fees effectively do the same because so many people just HODL and barely move their coins. Something has to give. Since 2021, Bitcoin’s price hasn’t risen nearly enough to offset the shrinking block rewards.

On top of that, about 90% of BTC ASIC miners are manufactured in China, and Bitcoin’s development pace is notoriously slow. Then there’s the looming quantum-computing question: what happens to Satoshi’s million BTC if quantum computers become powerful enough to break old keys? Would the community and developers choose to freeze those early wallets? That would go directly against Bitcoin’s core principles of property rights and neutrality.

Justin Drake discusses these points in more detail here.

[obsidian]

 

https://finance.yahoo.com/news/tom-lee-claims-ethereum-hit-115214887.html

Tom Lee Claims Ethereum Will Hit $62,000 in Next Few Months, Ramps up Bitcoin Call to $250,000

Bitmine and Fundstrat’s Tom Lee ignited fresh debate in the crypto market this week after predicting that Ethereum could surge to $62,000 in the coming months, a call he made during a keynote address at Binance Blockchain Week.

Lee, a long-time crypto bull, compared Ethereum’s current moment to a pivotal point in U.S. financial history.

Bullish Ethereum Prediction
Speaking on stage, Lee said Ethereum is positioned at the center of a structural transformation driven by real-world asset tokenization.

“Ethereum this year is having its 1971 moment,” Lee said.

He argued that 2025 will mirror that inflection point, this time powered by blockchain rails.

“In 2025, we’re tokenizing everything. It’s not just the dollar… it’s stocks, bonds, real estate, and Wall Street is again going to take advantage of that and create products onto a smart contract platform,” he told the audience.

Lee noted that Ethereum has remained range-bound for five years but has now “begun to break out,” prompting his firm to shift deeper into Ether exposure.

“Ethereum at $3,000 is grossly undervalued,” he said.

“If Ethereum returns to its eight-year average ratio against Bitcoin, that’s $12,000. But if it gets to 0.25 relative to Bitcoin, that’s $62,000,” Lee concluded.

[Flexacon]

150K BTC when 

Probably 2027 unless the FED under Jerome Powell does something unexpected like a 100 basis points cut (very unlikely)

[MuscleBuff]

Probably 2027 unless the FED under Jerome Powell does something unexpected like a 100 basis points cut (very unlikely)

 

[Flexacon]

It's good. Buy big in May/June/July 2026 around $50K - $60K and it should be an easy x4 by 2028/29

[MuscleBuff]

It's good. Buy big in May/June/July 2026 around $50K - $60K and it should be an easy x4 by 2028/29

That also implies it's best to sell now 

[Griffith]

Probably 2027 unless the FED under Jerome Powell does something unexpected like a 100 basis points cut (very unlikely)

Jerome Powell leaving, replaced by Trump appointee (pro-crypto, large rate cuts).

So 2026 will have rate cuts.

Also chance for a rate cut in December, but we'll see.

The FED has also ended quantitative tightening (from 2022) this December.

Increased liquidity is generally good for stocks and crypto.

[Griffith]

There's a new huge sell wall on ETH at 5090 at 15.4k.

Probably a spoof order though, I've been watching the order books for some time and never seen such a large sell wall, so it's worth noting.

Before that the largest sell wall was at 5000 at just over 6k, which has remained consistent for many months and is still there.

[Flexacon]

That also implies it's best to sell now 

Probably not cos BTC might go to 100k first

[Slapper]

Good times ahead: Powell announces rate cuts -> Trump replaces Powell -> Ukraine/Russia war ends -> Trade deal with China is signed.

And then an explosive wave up in everything.

Don't mistake what is happening right now (tax season selling) for a bear market. A LOT of ETF retail clients got busted long in July thinking that the price of BTC was going to do a 2019-style explosive wave 5 culminating in late December. They are selling now to capture the capital gains loss.   

Hold tight. This is what separates the men from the boys.

[Griffith]

Good times ahead: Powell announces rate cuts -> Trump replaces Powell -> Ukraine/Russia war ends -> Trade deal with China is signed.

And then an explosive wave up in everything.

Don't mistake what is happening right now (tax season selling) for a bear market. A LOT of ETF retail clients got busted long in July thinking that the price of BTC was going to do a 2019-style explosive wave 5 culminating in late December. They are selling now to capture the capital gains loss.   

Hold tight. This is what separates the men from the boys.

Exactly.

[MuscleBuff]

Probably not cos BTC might go to 100k first

What is your sell target price? 100k?

[Flexacon]

Jerome Powell leaving, replaced by Trump appointee (pro-crypto, large rate cuts).

So 2026 will have rate cuts.

Also chance for a rate cut in December, but we'll see.

The FED has also ended quantitative tightening (from 2022) this December.

Increased liquidity is generally good for stocks and crypto.

Yeah there will be a 25 bps cut in December, but Powell isn't cutting quick enough for it to benefit crypto. Even if they cut 25 bps after the next 4 meetings it's still too slow.

The Trump backed Fed chair comes in in May so no real relief there until May/June.

QT may have ended, but there is always a lag. It can potentially be several months.

Also the government shutdown nonsense wasn't actually addressed. It was just delayed until the end of Jan 2026. 

Next few months aren't looking particularly bullish, but that's not necessarily a bad thing as the bullish pa structure bitcoin was following broke down last month. It needs time to form a new base before price moves up again

[Flexacon]

What is your sell target price? 100k?

I don't have a sell price target. Only a buy price target. I will start my buys at 75k

[MuscleBuff]

I don't have a sell price target. Only a buy price target. I will start my buys at 75k

But this means adding ever more new capital, and in case btc rugs to zero its all gone

[Flexacon]

But this means adding ever more new capital, and in case btc rugs to zero its all gone

The CEO of Blackrock is pushing BTC and the ETFs are a cash cow for them. There is no one bigger than them. They will do whatever it takes to prevent BTC rugging to zero no matter how ugly the deed. Assassinations, invasions, wars. Whatever it takes.