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MicroStrategy's Purchase is Confirmed
• The Buy: MicroStrategy (now known as Strategy) announced today, Monday, December 8, 2025, that they purchased an additional 10,624 Bitcoin for approximately $962.7 million.
• The Funding Source: Crucially, MicroStrategy's official SEC filings (8-K) state that these purchases were funded by the proceeds from the issuance and sale of their company stock (specifically, Class A common stock, MSTR, and perpetual preferred stock, STRD).
MicroStrategy's typical process is to raise fiat currency (USD) by selling stock/bonds, and then using that USD to purchase Bitcoin through established brokers and exchanges. They do not generally interact directly with Tether's Treasury for USDT minting.
Tether's Minting is Confirmed
• The Mint: Tether minted 1 billion USDT on the Ethereum network, which was also reported today, Monday, December 8, 2025.
• The Reason: Tether's official stance for large mints is to replenish exchange inventories to meet anticipated demand.
The most probable scenario is:
MicroStrategy wired its $963 million in fiat USD (from its stock sales) to a major cryptocurrency exchange or a prime broker to execute the massive Bitcoin purchase.
That exchange or broker, knowing it needed to acquire a massive amount of BTC liquidity, either:
• Executed the trade in fiat/BTC.
• Or, more likely, requested a large stablecoin mint from Tether to be able to facilitate the trade quickly across various venues.
Tether minted the $1 billion USDT to keep enough stablecoin available to handle this and other large market orders.
In short, MicroStrategy's massive Bitcoin purchase was the catalyst for the Tether mint, but the minted USDT was likely received by the exchange or broker who facilitated the trade, not MicroStrategy itself.
#BinanceBlockchainWeek #BTC #MicroStrategy #USDT
$BTC $ETH $XRP
• The Buy: MicroStrategy (now known as Strategy) announced today, Monday, December 8, 2025, that they purchased an additional 10,624 Bitcoin for approximately $962.7 million.
• The Funding Source: Crucially, MicroStrategy's official SEC filings (8-K) state that these purchases were funded by the proceeds from the issuance and sale of their company stock (specifically, Class A common stock, MSTR, and perpetual preferred stock, STRD).
MicroStrategy's typical process is to raise fiat currency (USD) by selling stock/bonds, and then using that USD to purchase Bitcoin through established brokers and exchanges. They do not generally interact directly with Tether's Treasury for USDT minting.
Tether's Minting is Confirmed
• The Mint: Tether minted 1 billion USDT on the Ethereum network, which was also reported today, Monday, December 8, 2025.
• The Reason: Tether's official stance for large mints is to replenish exchange inventories to meet anticipated demand.
The most probable scenario is:
MicroStrategy wired its $963 million in fiat USD (from its stock sales) to a major cryptocurrency exchange or a prime broker to execute the massive Bitcoin purchase.
That exchange or broker, knowing it needed to acquire a massive amount of BTC liquidity, either:
• Executed the trade in fiat/BTC.
• Or, more likely, requested a large stablecoin mint from Tether to be able to facilitate the trade quickly across various venues.
Tether minted the $1 billion USDT to keep enough stablecoin available to handle this and other large market orders.
In short, MicroStrategy's massive Bitcoin purchase was the catalyst for the Tether mint, but the minted USDT was likely received by the exchange or broker who facilitated the trade, not MicroStrategy itself.
#BinanceBlockchainWeek #BTC #MicroStrategy #USDT
$BTC $ETH $XRP
$BTC
#btcvsgold
LONG Setup
• Entry: Wait for a slight pullback to the area of the MA(25) or MA(7), as they could serve as support. A good entry zone might be around $90,900 - $91,000. Alternatively, enter on a clear breakout and retest of the recent high.
• Target (Take Profit 1): The recent high seen on the chart is around $92,540.
• Target (Take Profit 2): Look for the 24h High at $91,722.0 (a more immediate target) or the next psychological level, such as $93,000.
• Stop Loss: A clear break below the current low of the short-term swing (the last major dip around $83,786) or a level just below the MA(99) or the 24h Low. For a short-term trade, placing it just below the MA(25) or MA(7) could be: $90,500.
SHORT/Counter-Trend Idea (Due to High RSI)
A short trade is higher risk in a strong uptrend, but the overbought RSI suggests a potential minor correction.
• Entry: Short entry if the price breaks below the MA(7) and fails to reclaim it, below $89,900.
• Target: The MA(25) at $90,897.7 or the MA(99) at $89,153.2
• Stop Loss: A clear break above the recent high of $91,722.0.
#BinanceBlockchainWeek
#CryptoRally
#btcvsgold
LONG Setup
• Entry: Wait for a slight pullback to the area of the MA(25) or MA(7), as they could serve as support. A good entry zone might be around $90,900 - $91,000. Alternatively, enter on a clear breakout and retest of the recent high.
• Target (Take Profit 1): The recent high seen on the chart is around $92,540.
• Target (Take Profit 2): Look for the 24h High at $91,722.0 (a more immediate target) or the next psychological level, such as $93,000.
• Stop Loss: A clear break below the current low of the short-term swing (the last major dip around $83,786) or a level just below the MA(99) or the 24h Low. For a short-term trade, placing it just below the MA(25) or MA(7) could be: $90,500.
SHORT/Counter-Trend Idea (Due to High RSI)
A short trade is higher risk in a strong uptrend, but the overbought RSI suggests a potential minor correction.
• Entry: Short entry if the price breaks below the MA(7) and fails to reclaim it, below $89,900.
• Target: The MA(25) at $90,897.7 or the MA(99) at $89,153.2
• Stop Loss: A clear break above the recent high of $91,722.0.
#BinanceBlockchainWeek
#CryptoRally
Current SUI Market Sentiment & Drivers
$SUI #BTCVSGOLD #CryptoRally
The overall sentiment appears mixed to bullish in the short-term, driven by strong fundamental developments:
• Bullish Drivers:
• Institutional Adoption: Recent news includes the SEC approval of the first 2x leveraged SUI ETF (TXXS) and Grayscale filing a Sui Trust, signaling growing institutional interest and regulated access to the asset.
• Strong On-Chain Metrics: The Sui Network has reported significant growth in Total Value Locked (TVL) and daily transactions (surpassing competitors like Polygon and Arbitrum in transaction growth).
• Technical Reversal: SUI has recently seen a strong price surge (up to 30% on a daily basis) and has broken above the upper trendline of a falling wedge pattern, suggesting a potential bullish reversal on higher timeframes.
• Bearish/Cautionary Drivers:
• Token Unlocks: Periodic large token unlocks are scheduled, which historically can lead to temporary selling pressure and price dips.
• Overbought on Short Timeframe: The 15-minute chart had the RSI at 71.7251, which is in the "overbought" territory, indicating a potential short-term pullback or consolidation is possible before another move up.
$SUI #BTCVSGOLD #CryptoRally
The overall sentiment appears mixed to bullish in the short-term, driven by strong fundamental developments:
• Bullish Drivers:
• Institutional Adoption: Recent news includes the SEC approval of the first 2x leveraged SUI ETF (TXXS) and Grayscale filing a Sui Trust, signaling growing institutional interest and regulated access to the asset.
• Strong On-Chain Metrics: The Sui Network has reported significant growth in Total Value Locked (TVL) and daily transactions (surpassing competitors like Polygon and Arbitrum in transaction growth).
• Technical Reversal: SUI has recently seen a strong price surge (up to 30% on a daily basis) and has broken above the upper trendline of a falling wedge pattern, suggesting a potential bullish reversal on higher timeframes.
• Bearish/Cautionary Drivers:
• Token Unlocks: Periodic large token unlocks are scheduled, which historically can lead to temporary selling pressure and price dips.
• Overbought on Short Timeframe: The 15-minute chart had the RSI at 71.7251, which is in the "overbought" territory, indicating a potential short-term pullback or consolidation is possible before another move up.
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