After New Year's Eve, Bitcoin Suddenly Returns to the US$90 Thousand Area
Bitcoin (BTC) has once again touched the trading area of US$90 thousand on Friday (January 2) night after New Year's Eve 2026. This has made investors a bit relieved even though the price increased slightly and this event ended its long decline.
This could happen due to the inflow of funds into the Bitcoin exchange-traded fund (ETF) amounting to US$355 million or around Rp5.9 trillion, Ethereum (ETH) worth US$67.8 million or Rp1.1 trillion, and XRP reaching US$15.5 million or equivalent to Rp259.3 billion last Tuesday (December 30).
In addition, news from the issuer of the USDT stablecoin, Tether, which bought 8,888 BTC on New Year's Eve, has become one of the factors for the rise of the largest crypto asset.
As information, long-term Bitcoin (BTC) holders are starting to show an accumulation phase or purchases. It was recorded that there were 91,507 BTC worth US$8,050,405,190 or around Rp134.9 trillion that have been purchased in the last 5 days, according to CheckOnChain data. $BTC $XRP $ETH
Buy Casascius Bitcoin in 2012, His Patience Reaped Profit of Rp166 Billion
An early investor named John Galt claimed to own a physical Casascius Bitcoin bar worth 100 BTC, which was purchased for around US$500 or Rp4.83 million in 2012.
For your information, Casascius Bitcoin is a rare physical collectible that contains real Bitcoin, created by Mike Caldwell from 2011 to 2013, featuring a private key hidden under a holographic sticker that provides access to the digital currency embedded within.
This bar serves as cold storage, linking physical metal with digital value, with a rare version containing 1,000 BTC becoming iconic, although its production was halted due to regulatory issues, making it a valuable historical artifact and investment asset.
📰 Key Summary • Federal Reserve Chair Jerome Powell stated that the US economy may be on a firmer trajectory than previously expected, although the labor market shows signs of weakness. • While recent economic activity has been stronger than anticipated, this has not yet translated into significant hiring increases. Powell noted that hiring and firing levels remained low until September. • The Fed will follow an interest rate policy based on data—"meeting-by-meeting approach"—to balance the 2% inflation target and the risks of a weakening labor market. • Powell also mentioned that rising commodity prices are partly due to import tariffs, not broader inflationary pressures. • Although official job data for September is delayed (due to the US government shutdown), Powell indicated that the available public and private data is sufficient to guide policy.
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🔍 SUMMARY • Powell's statement indicates that the Fed wants to remain flexible and cautious in cutting interest rates — they will not be aggressively proactive without observing economic data.
I believe there will be another rate cut of 25 bps by the end of OCT.
Market Participants on Polymarket Believe Bitcoin Will Drop Back to $70 Thousand
Bitcoin (BTC) is currently experiencing an uncertain up-and-down trend phase. Evidently, as this article is being written, Bitcoin has only risen 0.3% in the last 24 hours and is trading stagnant at $83,000, Tuesday (18/03).
This has caused pessimism on the decentralized market prediction platform Polymarket. Where the majority, or more precisely 72%, believe that Bitcoin will drop back to $70,000 by the end of this year.
Certainly, this is influenced by the drop in Bitcoin's price due to several reasons, such as the trade taxes (tariffs) imposed by the US on several countries including Mexico, Canada, and China.
Malaysia Jadi Negara Pertama yang Terima Zakat dengan Crypto
Pusat Pengumpulan Zakat-Majelis Agama Islam Wilayah Federal (PPZ-MAIWP) mengumumkan opsi pembayaran zakat dengan crypto. Ini membuat Malaysia menjadi negara pertama di dunia yang melakukan inisiatif tersebut.
CEO PPZ-MAIWP Datuk Abdul Hakim Amir Osman menyatakan ini bertujuan memandu umat Islam tentang tanggung jawab menunaikan zakat. Diharapkan kemajuan teknologi blockchain dan aset digital ini dapat mempermudah umat muslim melaksanakan kewajiban mereka.
“Transformasi dalam menunaikan zakat melalui media digital menunjukkan bahwa Islam selalu berkembang dan beradaptasi dengan kebutuhan umatnya,” ujar Abdul Hakim.
Inisiatif ini terbukti berhasil, sebab badan amal tersebut telah mengumpulkan sekitar 45.000 ringgit dalam bentuk zakat digital pada 2024, meningkat 73% dari tahun sebelumnya.
Abdul Hakim juga melihat potensi besar dalam pembayaran Zakat dengan aset digital usai nilai crypto seperti Bitcoin, Ripple, dan Ethereum meningkat Image Source: The Halal Times SC: akademi crypto $USDC $BTC $ETH
The crypto market experienced a significant decline after the conclusion of the Crypto White House summit. Specifically, Bitcoin (BTC) fell 3.36% to a level of US$86,337, while Ethereum (ETH) dropped 3.50% to US$2,132 at the time this article was written, Saturday (08/03).
Not only Bitcoin and Ethereum, XRP also experienced a significant decrease of 7.82%, while Cardano (ADA) corrected deeper by 10.15%.
This volatility is influenced by the regulatory sentiment discussed at the summit.
Bitcoin Touches US$90,000 Again Ahead of White House Crypto Summit
Bitcoin (BTC), the largest market-cap cryptocurrency in the world, has once again recorded a price increase to the psychological level of US$90,000. It is noted that in the last 24 hours Bitcoin surged by 7.5%, Wednesday (05/03). This increase comes ahead of the Digital Asset Summit (DAS) that will be held this weekend. Several big names, including Executive Chairman Strategy Michael Saylor, are confirmed to attend. Additionally, US President Donald Trump is also rumored to unveil the Strategic Bitcoin Reserve strategy during the summit. This could be a catalyst for the price of Bitcoin to soar.
Bitcoin Plummeted to US$85,000 After Trump Signed 20% Tariff on China**
Bitcoin plunged 7.99% to US$85,000 after United States President Donald Trump signed a 20% tariff on China, Monday (03/03) local time.
Not only that, Ethereum also experienced a larger decline of 15.79% to US$2,133, XRP plunged 16.92% to US$2.404. This decline was followed by Solana which dropped 18.77% to US$141.78 and Cardano 19.44% to US$0.8575.
On the other hand, the S&P 500 also fell nearly 2% as the US president stated that Mexico and Canada would not be able to negotiate a postponement of tariffs that would take effect on Tuesday.
XRP-Solana Soars by Dozens of Percent After Being Announced as US Strategic Reserves**
US President Donald Trump plans to form a crypto strategic reserve that will consist of XRP, Solana (SOL), and Cardano (ADA) on Sunday (02/03) early morning.
In a short time, the crypto market capitalization rose by 10.88% in one day. Not only that, Bitcoin (BTC) also saw an increase of 11.55% from US$85,000 to US$95,000 after Trump announced it on Truth Social.
Other tokens mentioned, such as Cardano, XRP, and Solana experienced significant spikes of 61.07%, 32.47%, and 24% respectively during the same period.
Bitwise CEO: The Best Time to Own Bitcoin is Now**
Bitwise CEO Hunter Horsley asserts that there is no better time to invest in Bitcoin (BTC) than now. This is because regulation has now become a major factor influencing the market, with positive shifts in attitude from the U.S. government, Congress, and the SEC towards the crypto industry.
"The first quarter of this year is the best moment for investors to put their funds into Bitcoin, and we are seeing more wealth managers, banks, and traditional investors getting involved with the Bitwise Bitcoin ETF," said Horsley in an interview with CNBC.
# BlackRock Adds Bitcoin ETF to Its Portfolio, Bitcoin Rises to US$85 Thousand BlackRock, the world's largest asset manager, has included the iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) in its investment model portfolio. With an allocation of 1% to 2%, this move provides new opportunities to attract demand for IBIT. This move marks the first time BlackRock has added a Bitcoin ETF to its portfolio, which manages assets worth US$150 billion as of Friday (February 28). According to Michael Gates, BlackRock's chief portfolio manager quoted by Bloomberg, Bitcoin has the potential to serve as a unique store of value and a global monetary alternative.
Gensler Highlights Crypto Regulation Has Long Way To Go In Enforcement
Securities and Exchange Commission (SEC) Chairman Gary Gensler said his agency will take a long road in enforcing crypto-related rules and regulations. The reason is the lack of disclosure of information provided by crypto asset companies to investors. Gensler stated this a few weeks before the end of his leadership, on Monday (01/20). In addition, the SEC should also conduct further regulatory oversight of Altcoins and intermediaries in the crypto market. For your information, Gensler is a crypto industry skeptic. According to him, crypto only covers less than 1% of the US financial market and is full of speculation.
In addition to the narrative, it has a chance to share tokens with the actual narrative of EA, which is also within the ideal Beat range if we look at the weekly chart.
$TAO on the weekly chart, there is potential for continuation in a large timeframe, from which we can see that the price has successfully hacked to $500 perfectly from the last flash dumb.
There is a chance that various AI related ecosystems in crypto will see an increase during Q1 2025
understand that this post is only an internal analysis not an investment reference or investment advice or invitation to sell or buy, we from the crypto academy are not affiliated or invested in the various projects presented. this post is purely for internal analysis