jayc
2024-12-26

Crypto markets have historically performed well through the festive season during bull markets, but Bitcoin's dismal December performance has quashed hopes of a so-called Santa Claus rally — a price jump during the last five trading days of December through to the first two trading days in January. Crypto trader Mister Crypto compared Bitcoin's performance from previous years and noted that there were big rallies between Christmas and New Year in 2016 and 2020, the years that preceded market cycle peaks.

Crypto Task Force: Could Bitcoin Be a Strategic Reserve?
Trump signed an executive order to establish a cryptocurrency task force, responsible for proposing new regulations for digital assets and exploring the possibility of creating a national cryptocurrency reserve, fulfilling his promise to quickly reform U.S. crypto policy. The task force will be led by David Sacks, the AI and cryptocurrency commissioner appointed by Trump. ------------------- With new task force established, Is it possible for Bitcoin to become a strategic reserve?
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