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The new US Congress has called it "the most supportive Congress in history for digital currencies". This exchange believes that the ongoing legal changes will benefit the entire market. One of the possible developments in this field is the establishment of a strategic bitcoin reserve.
According to Mihan Blockchain, Benjamin Cowen published a new video on his YouTube channel and predicted that based on past price performance, the price on the Ethereum vs. Bitcoin (ETH/BTC) chart should make a floor soon.
The digital currency market is seeing more activity after the expiration of large Bitcoin (BTC) and Ethereum (ETH) option contracts. On December 20, 21,000 Bitcoin option contracts with a nominal value of $2.04 billion and 173,000 Ethereum option contracts with a nominal value of $590 million expired.
According to a report by Rekt Capital on December 20, Ethereum has climbed above $4,000 several times in the past 30 days; including on December 6, when it reached $4077, but could not maintain this level.
BITCOIN$$
Issuing, transferring and all Bitcoin transactions are done and recorded in a decentralized manner on the same blockchain. The Bitcoin blockchain acts like a bank's head office.
DEGEN digital currency is the native token of China's Degen ecosystem, which was created with the aim of strengthening the Degen network and encouraging users to create content. The DEGEN token was launched in January 2024 (D 1402) by the Degen channel
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$$ DEGEN $$
Based on this definition, first, Bitcoin is money; that is, it functions like the money we all know and deal with every day and every hour. Second, it is electronic money; that is, it does not have a physical form; rather, it is completely digital and its transfer also occurs on a digital platform.
$$ DEGEN $$
These experts believe that in 2025, the price of the Degen base token will reach a low of $0.0048 and a price ceiling of $0.023. This prediction of the price of Degen base for 2025 does not seem far from the expectation and it should be seen how much the users will welcome the Degen base project in 2025.
Bitcoin is one of the currencies that is constantly evolving.
I hope all cryptocurrencies shine.
$$ DEGEN $$
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US bank JP Morgan has predicted that Ethereum will outperform Bitcoin and other cryptocurrencies in 2024, despite expressing general caution about crypto markets next year.
$$DEGEN$$
Simply put, the Bitcoin blockchain is like an operating system that only runs on one program called Bitcoin, while the Ethereum blockchain is an operating system that runs on thousands of different programs and services.