00:00:00: Big news from US government regarding Bitcoin Reserve, Ethereum being the safest asset in war times and Solana looking for quantum resistance.

00:00:13: That and more on the crypto talk this week.

00:00:28: This

00:00:31: video is not a financial advice.

00:00:35: As I've mentioned, we are going to talk about Bitcoin today regarding the strategic Bitcoin reserve.

00:00:41: We're gonna talk about Ethereum and then at the end will also quickly discuss Solana and the quantum resistance important here again without a video.

00:00:52: And i'm speaking over the video Here mainly because we had some technical issues.

00:00:58: but The main new story of course is that the White House Executive Director Patrick White or Patrick Witt, sorry.

00:01:07: Is saying there is a big announcement coming regarding this strategic Bitcoin reserve now?

00:01:13: The strategic Bitcoin Reserve has been built essentially by executive order by President Trump last year.

00:01:20: Big news was that to us he's getting the Strategic Bitcoin Reserve yet at the same time it wasn't Bitcoin they bought on the open market.

00:01:29: It Was Bitcoin that they already had essentially via illegal platforms, and then have the kind of took over.

00:01:39: And they've created those Bitcoin or that strategic Bitcoin reserve.

00:01:43: through that however The US is holding a lot of Bitcoin.

00:01:48: currently we're talking around about twenty five billion us dollars.

00:01:53: And the bigger story here was that for once it's not just bitcoin It's also Ethereum with one hundred four and USDT with a hundred twenty six million US dollars.

00:02:05: And at the same time, we do have an to date half this entire law in his entire story about the U?

00:02:12: S building of this Bitcoin reserve over five years by buying a million coins over the coming five years.

00:02:20: They're currently sitting on around three hundred twenty eight thousand Bitcoin, so about a three X and The big announcement if that's true from Patrick with would actually be That they are probably going to buy bitcoin for their strategic Bitcoin reserve.

00:02:36: The main story for the chart is, of course that we've had some strength over at last couple days.

00:02:43: Now with a slow correction as well.

00:02:45: now if you are watching this video there was actually another correction towards about same price zone.

00:02:52: And main story is of course, will we be able to hold up above seventy eight thousand US dollars or actually lower?

00:03:00: But I do expect this to range.

00:03:02: Actually a bit sideways for now even below seventy-eight would be OK as long as it says stays about seventy five.

00:03:10: that would kind of the major goal and if that is the case of course towards a ninety-five would be very splendid.

00:03:24: And if we continue, We should talk about Ethereum as well.

00:03:28: Well, Ethereum being a kind of this major asset in war times at least that is what Chairman Tom Lee saying.

00:03:36: Bitmine chairman Is essentially saying That Ethereum is the assets to buy.

00:03:42: they bought another two hundred thirty six million US dollars.

00:03:45: and that statement S Essentially comes from The fact that the s&p five hundred was outperformed by ethereum since At the beginning of the war in Iran.

00:03:56: And that was kind of the main argument, that Ethereum is fairly crisis resistant and a good asset in that time there holding around eleven point seven billion US dollars.

00:04:08: four point two percent off the entire supply compared to let's say strategy.

00:04:14: for example That Is A Bit More Strategy Holding Around Four Percent.

00:04:19: However, Bitmine also has a staking platform called Maven and that of course is bringing additional revenue.

00:04:26: The additional revenues are coming in front in terms of staking dividends essentially to US dollars per year.

00:04:35: And here as I've mentioned four point one percent off the entire supply by strategy for point two one percent compared that Bitmine is holding.

00:04:45: So it's really a head-on race here between the two companies, they are trying to kind of become this five percent holder company.

00:04:55: and the big question.

00:05:02: Then we have the chart.

00:05:03: The chart is looking very similarly to a Bitcoin, We did have this touchpoint at two point four then came back to the mid part of the range as two point seven.

00:05:13: and the big kind of question is Of course whether Ethereum will show additional strength to go above two-and-a-half thousand US dollars?

00:05:22: So we will see whether that is a possibility.

00:05:26: Here, lower bound of the range would be two thousand and upper part would be to point five.

00:05:31: then quantum resistance hot topic that we've discussed a lot in at the area off Bitcoin within really talk about Solana and Solanas developers jump crypto for example.

00:05:44: they have suggested this Quantum solution called Falcon.

00:05:48: They even say if and when the time comes, so they are saying it is a risk.

00:05:52: And we're preparing for it but there not really seeing in terms of one way exactly.

00:05:58: that will actually do what I call it to Q-day the quantum day essentially which could happen into coming months or years as the migration work is manageable.

00:06:07: at the main focus off course for Solana is the network performance.

00:06:12: on that essential is what you have expected from the Bitcoin developers essentially readiness document showing what is planned, how it's planned and how it can be implemented.

00:06:23: That is kind of the main focus at least for Solana side.

00:06:28: they did with a smallest signature among NIST standards And if we look hasn't really changed a lot for Solana.

00:06:37: Solana is slowly but truly building this kind of range below one hundred between kind And although this news is fairly bullish, it didn't really change a lot for the chart if we look at the chart again.

00:07:00: So we need here bit more positive development that the chart hasn't really moved since kind of beginning And since the correction, essentially.

00:07:11: The Solana price has been kind of ranging in this two digit number and a lot people want to see Solana above one hundred US dollars.

00:07:20: so I would trade it is about one hundred first.

00:07:23: So for now This Is Kind Of More Of A Boring Chart.

00:07:26: If You Will And Only Later Will This Become Interesting.

00:07:30: That Was It From The Crypto Talk At This Week.

00:07:32: Make Sure That You Subscribe To Not Miss Any Other Crypto News i will See On The Next One.

00:07:36: Have A Good One.

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00:07:40: CFDs in digital assets are volatile and not suitable for

00:07:43: everyone.".

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