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.