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Blockchain DXB: š“ 06th Jan š“ Three Crucial Dates in Jan š»BlackRock's BTC ETF š¢Tether Faces EU Compliance Challenges š®AI's ideal crypto portfolio for 2025.
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06th Jan:Ā Blockchain DXBĀ Podcast
3ļøā£ crucial dates in Jan š»BlackRock's BTC ETF š¢Tether Faces EU Compliance Challenges š®AI's ideal crypto portfolio for 2025.
Key Dates in January 2025: Crucial for Bitcoin and the Crypto Market
- 15th Jan 2025
- 20th, Jan 2025
- 20th, Jan 2025
ā”15th Jan 2025 - CPI Numbers Releasee
The Consumer Price Index (CPI) report will be published by the U.S.Ā Bureau of Labor StatisticsĀ atĀ www.bls.gov. This data is pivotal in understanding inflation trends and will heavily influence market sentiment, particularly for Bitcoin and other cryptocurrencies.
ā”20th, Jan 2025 - President Donald Trump Sworn In - As President-elect Donald Trump takes office, his administration's policies and stance on the economy, regulation, and cryptocurrency will set the tone for the market's trajectory.
ā” 29th, Jan 2025 - FOMC Meeting - The Federal Open Market Committee (FOMC) meeting will conclude with a decision on interest rates, announced byĀ Federal Reserve Bank of DallasĀ Chair Jerome Powell. This decision will have a direct impact on liquidity, investor sentiment, and the overall direction of the crypto market.
ā«Check outĀ Blockchain DXB's episode today, we will share more information on this
ā«BlackRockās iShares Bitcoin ETF saw record outflows of $333 million on January 2, 2025, driven by profit-taking and year-end tax-loss harvesting. U.S.-based BTC spot ETFs lost $248 million overall, with Grayscale Bitcoin Trust reporting $23 million in withdrawals. Despite the sell-off, analysts remain optimistic about BlackRockās ETF, highlighting its potential to boost Bitcoin adoption and legitimacy.
š¢Stuart Hoegner, Tether's long-time general counsel, has retired, with Michael Hilliard stepping in as legal head amid heightened EU regulatory scrutiny. The EUās new MiCA regulations, effective December 30, require stablecoin issuers like Tether to meet strict compliance standards, sparking uncertainty around USDTās adherence. This has led to a $1.6 billion drop in USDTās market cap and its fall to fourth place in crypto rankings, overtaken byĀ RippleĀ (XRP). Rippleās market surge is fueled by bullish momentum and plans to launch a US dollar-backed stablecoin, Ripple USD (RLUSD).
ā AI portfolio byĀ ChatGPT,Ā PerplexityĀ &Ā Microsoft AIĀ Copilot published viaĀ CointelegraphĀ has intresting price PredictionsĀ hereĀ https://shorturl.at/mO8Yb
š Bitcoin (BTC)
ChatGPT: $175,000ā$350,000
Perplexity: $75,500ā$200,000
Copilot: $175,000ā$35