US Dollar Purchasing Power Vs Bitcoin, 📈, Bitcoin exchange reserve drop, Did CEO of Ripple Labs meets Trump, Whats brewing ?

We all love it when crypto market keeps going up. Well… it appears that the Wall Street is on the same train as we are while calling Bitcoin a tulip Bubble. The more the merrier. Welcome to the party ! 🥇

Get ready to read some cool scoops from the Crypto World. Lets dive in… 🚀

Scoop in this issue…. 5 minute read…

✍️ First time in Bitcoin history, exchange reserves have declined significantly. They’ve now hit levels not seen since 2018 with institutional and nation state adoption growing 🚀 

✍️ The Rise of Bitcoin Amidst an Unaffordable Housing Market - Thanks to Fed. Bitcoin to Rescue ?

✍️ Polish presidential candidate, Slawomir Mentzen, owns 33.7 Bitcoin….. worth over $3 million and wants to build a strategic reserve if elected.

✍️ Ripple labs CEO meets with Trump?…. Fierce backlash since he is considered anti Bitcoin…Cardano’s Charles has nothing but praise for him.

The Rise of Bitcoin Amidst an Unaffordable Housing Market - Thanks to Fed ! Let’s be serious…..

This is a serious topic and we will dive in ...

Bitcoin's rise in popularity serves as a counterweight to the unaffordable housing market, providing younger generations with an alternative store of value amidst soaring home prices. Since the early 2000s, younger people have struggled to build wealth through homeownership, unlike their predecessors. In response to these economic barriers, many have turned to Bitcoin, highlighting a generational divide in wealth-building strategies and reflecting broader trends affecting the U.S. dollar and asset markets.

This trend shows a clear difference in how different generations build wealth. While older generations accumulated wealth through homeownership, many young people today are turning to Bitcoin as a more accessible store of value. This shift not only underscores the challenges in the current housing market but also highlights the broader economic changes affecting how people save and invest their money.

More on this topic in this link 

Millennials are now the largest generation of renters, with millennial homeownership falling by 20% over the last decade. This trend contrasts sharply with older generations who saw an increase in homeownership rates over time. The Federal Reserve’s policies have been seen by some as locking younger generations out of the housing market, while Bitcoin offers an alternative “set of keys” to financial security.

More on this topic in this link 

Anthony gives a good insights on this topic in the tweet below.

Bitcoin levels have dropped significantly on exchanges. Reminder…there can be only 21 million bitcoin……!

This is the 1st time in Bitcoin’s history, exchange reserves have declined significantly. They’ve now hit levels not seen since 2018 with institutional and nation state adoption growing

🔹 What does this mean ?

🔹 🔹 This means there isn’t enough Bitcoin available on exchanges and its not even a bull run yet. Everyone is buying Bitcoin at an alarming rate.

✍️ Polish presidential candidate, Slawomir Mentzen, owns 33.7 Bitcoin….. worth over $3 million and wants to build a strategic reserve if elected.

A new wave of Bitcoin Reserve formation is going on. Trump ideas looks appealing to even Polish president.

This is what we know for now and it was a internet sensation for past 24 hours.

✍️ Did Ripple's CEO Meet Trump?

Ripple Labs and its CEO Brad Garlinghouse are facing backlash from industry leaders after rumors surfaced on social media that Garlinghouse recently met with President-elect Trump. The speculation has sparked criticism and raised concerns within the crypto community.

Brad is considered Anti-Bitcoin person due to his prior stance on crypto including CBDC.

Ryan Seliks, prominent person in the crypto industry went haywire since he is against having Brad as the his advisor in any capicity.

Why Ripple is not real crypto ? More in this link

Thats it for now. Hope you enjoyed this educational newsletter and helps you understand more about crypto space.

See you in our next edition with more info on charts and more ! Thats it for Sunday !

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