I have been very aware of the global regulations of bitcoin, but this surprises me:
Donald Trump says Bitcoin has ‘taken a life of its own’, calls for regulations Additionally, Trump’s stance follows his pledge to block any possible creation of a central bank digital currency (CBDC) if elected. According to Trump, there is a need to outlaw a CBDC, noting that it is a move to protect financial privacy and defend the Second Amendment.
“I will fully uphold the Second Amendment. I will never allow the creation of a central bank digital currency where they can rob your money. We will protect innocent life, and we will restore free speech,” Trump remarked.
Despite his skepticism towards cryptocurrencies during his tenure, it is noteworthy that Trump has ventured into the world of non-fungible tokens (NFTs) by launching three collections since leaving office.
Original Source:
https://finbold.com/donald-trump-says-bitcoin-has-taken-a-life-of-its-own-calls-for-regulations/A man like Trump who is so intelligent is like other intelligent guys like Warren Buffet, they do not accept that new technology is what is going to dominate the world, FIAT money for me expires, because it suffers from inflation and changes that are not healthy, not bitcoin, bitcoin will never suffer from inflation and is self-sustaining with supply and demand , what Politicians cannot accept is that they will never be able to have control of Bitcoin and that is why these statements, which in the end I do not know as far as your intelligence goes.
And now entering the market, this movement is somewhat curious:
$540 Million in Bitcoin Withdrawn From Exchanges: Price ImpactThis surge in crypto whale activity signals a strong vote of confidence in Bitcoin’s future trajectory. Historically, such significant accumulations often precede notable price movements, suggesting the potential for another bullish wave in the market.
“Large entities (1K to 10K Bitcoin) growing their holdings are correlated with higher prices as they denote increasing Bitcoin demand for investment purposes,” CryptoQuant emphasized.
It is worth noting the recently launched spot Bitcoin ETFs in the US are among the large entities buying Bitcoin. These funds now hold nearly 300,000 Bitcoin, emerging as a significant demand source for the top asset.
Original Source:
https://beincrypto.com/bitcoin-outflows-crypto-whales-buy/This big Movement means to me that the whales want to have their bitcoin Funds in their Private wallets because they do not trust the exchanges and that they will Only move the money Necessary for them but from their custody.