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Day: January 6, 2025
Bitcoin’s rising value attracts investments, calls for legality in VN – vietnamnews.vn
HÀ NỘI — Bitcoin has been predicted to be among the most lucrative investment instruments in 2025, despite having not been legalised in Việt Nam.
The year 2024 marks a historic record for the digital currency as its price surpassed US$100,000 per Bitcoin (abbreviated as BTC) on December 5, and reached a peak of $108,000/BTC on December 17.
It then dropped to $92,000/BTC on December 20 after the Chair of the US Federal Reserve (FED), Jerome Powell stated that the institution was not allowed to own Bitcoin and did not want to amend the laws to do so. However, the price quickly recovered to nearly $99,000/BTC in the final days of 2024 as large investors continued to buy and hold. By 10:45pm on January 4, 2025, the price-tracking website for cryptoassets CoinMarketCap listed the price at $97,680/BTC, up 0.22 per cent in the last 24 hours.
Since the beginning of the year, the price of major cryptos has seen positive growth: Bitcoin increased by 130 per cent, Ethereum by 52 per cent, BNB by 124 per cent and Dogecoin more than 300 per cent.
2024 also marks a historic turning point for cryptos with the emergence of exchange-traded funds (ETF) of Bitcoin and Ethereum – the second-biggest cryptocurrency by market capitalisation after Bitcoin. This signals the organised participation of institutional investors and top global professional asset managers in the digital currency market.
An ETF is an investment vehicle that pools a group of securities – such as stocks, bonds, cryptos and other types of assets – into a fund. It can be traded like an individual stock on an exchange.
Investors in Bitcoin and other digital currencies look forward to Donald Trump’s presidency as he has promised ‘friendly’ policies towards the crypto industry.
A Council of Advisers for Digital Assets is being formed after a letter was sent to the President-elect and the US Congress by the US Blockchain Association, pushing for policies that would promote the adoption of digital assets in the first 100 days of his presidency.
Earlier, during his presidential campaign, Trump had repeatedly mentioned the idea of creating a Bitcoin reserve when he took office.
Legality in Việt Nam
Dr Đinh Trọng Thịnh, an economist, said cryptocurrencies, including Bitcoin, were the most profitable investments in 2024 and will remain so next year.
“I believe the price of cryptocurrencies will continue to grow in 2025. This is an unconventional investment channel in Việt Nam, but in reality, many Vietnamese are investing in and holding cryptocurrencies,” he said.
“The Government needs to soon issue a legal framework for digital assets and digital currencies to both protect investors and prevent tax evasion.”
Because of their perceived lucrativeness, frauds related to digital currency trading are very common in Việt Nam.
A prime recent example is the case of Phó Đức Nam from Bà Rịa–Vũng Tàu Province, known on the social media platform TikTok as Mr Pips, who lured more than 2,600 people into foreign exchange and derivatives trading and got assets worth VNĐ5.2 trillion ($211.8 million) seized or frozen by the authorities.
Another case is Hồ Thị Bích Ngọc from Hà Nội, who performed a similar fraud and appropriated nearly VNĐ500 billion ($19.6 million).
Although Việt Nam does not have a legal framework for digital assets, the definitions of digital assets, crypto assets and regulations to manage them have been addressed in the Draft Law on Digital Technology Industry, which has been presented by the Government to the National Assembly for review.
In addition, the Politburo has approved the policy for a project to build an international financial centre in HCM City and a regional one in Đà Nẵng, which is an opportunity for Việt Nam to pilot the establishment of digital asset exchanges.
Legalising digital assets will make Việt Nam a more open environment for business development, said Phan Đức Trung, vice chair of the Việt Nam Blockchain Association.
“Legalising digital assets will help attract more foreign investment and encourage Vietnamese businesses to return to Việt Nam instead of going abroad to register their operations,” he said.
“The authorities also need to have solutions in place to attract good investment flows into this field, while preventing fraudulent exchanges.”
Trịnh Hà, a strategic expert at Exness Investment Bank, said the digital currency investment community is growing rapidly in Việt Nam, as young people have easier access to new technologies and have more knowledge about investment than the previous generation.
“The value of digital currencies has risen sharply recently and they will continue to be an attractive financial instrument in the future due to the limited supply, in the case of Bitcoin. This crypto has been recognised globally as an asset recently,” he said.
About 45 per cent of Bitcoin holders want to keep it long-term, Hà added, which indicates that most crypto investors are long-term investors who expect the value of the asset to increase in the future. — VNS
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South Dakota Lottery Powerball, Lucky For Life results for Jan. 4, 2025 – Argus Leader
The South Dakota Lottery offers multiple draw games for those aiming to win big. Here’s a look at Jan. 4, 2025, results for each game:
26-32-43-54-56, Powerball: 24, Power Play: 2
Check Powerball payouts and previous drawings here.
03-09-27-29-33, Lucky Ball: 06
Check Lucky For Life payouts and previous drawings here.
01-03-17-21-34, Star Ball: 04, ASB: 03
Check Lotto America payouts and previous drawings here.
20-26-29-31-35
Check Dakota Cash payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
This results page was generated automatically using information from TinBu and a template written and reviewed by a South Dakota editor. You can send feedback using this form.
10 Marvel Movie And TV Show Scenes That Traumatized Everyone – Screen Rant
Ripple CTO Explains Why Airdrops Could Do More Harm Than Good – U.Today
David Schwartz, Ripple‘s CTO, says that airdrops in the cryptocurrency space, especially the tax consequences, could be tricky for recipients. He addressed the concerns of the XRP community and gave an honest review of how reward systems are usually set up. He explained that the way they are designed sometimes leads to unexpected financial problems.
In particular, Schwartz touched on how XRP is taxed when it is received as income and how it is appreciated over time. He explained that long-term capital gains are only taxed on the increase in value, but income is taxed when the asset is first received.
This same idea applies to airdrops, where the timing of when the asset is received, not how it’s used or claimed by the recipient, often decides if it is taxable.
The CTO then turned his focus to automatic and self-claimed airdrops, such as FLR and SGB tokens held in platforms like Bifrost. These tokens were airdropped to XRP holders previously.
Schwartz noticed that whether claiming is done automatically or manually doesn’t really matter tax-wise. Once tokens are set aside for a user, they are usually seen as taxable income, no matter if the person accesses them or just holds them.
Auto and self-claiming have, IMO, no effect on when rewards are taxable. Yes, I recommend against this kind of distribution method in general for a few reasons but one is the negative tax consequences. I prefer the “your tokens appreciate” method over the “you get reward tokens”.
Schwartz pointed out that the problem here is that it makes things more complicated for the people who hold it. Airdropped tokens are taxed based on their value when they are given out, even if they are supposed to be held long-term or used in an ecosystem later on.
If these tokens increase in value, users might have to pay more in taxes, which would make things worse.
Instead of these reward systems, Schwartz suggested using methods that focus on the appreciation of existing tokens rather than issuing new ones. This way, users don’t have to deal with the immediate tax issues that come with airdrops, and it is better for their long-term interests.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Financial analyst, trader and crypto enthusiast.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master’s program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
Disclaimer: The opinions expressed here are not investment advice; they are provided for informational purposes only. The opinions expressed by our writers are their own and do not represent the views of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. We do not recommend investing money you cannot afford to lose.
Meta Quest Browser now lets you import passwords – MIXED Reality News
Meta Quest’s browser can now import passwords from another browser of your choice.
Although Meta Quest 3 and 3S now have reasonable passthrough quality so that you can read passwords from a physical screen, manually typing them in is still tedious.
The password import introduced with browser update 36.2 now allows you to import all your passwords from another browser into the Horizon OS browser. VR enthusiast Luna was the first to spot this.
MIXED editor Alan Truly has found an easy way to transfer passwords from a computer or smartphone to Meta Quest, at least as long as you use Whatsapp on both devices.
Use Whatsapp to send your browser passwords CSV file from computer or phone to your headset, then import. https://t.co/6bMZ6isdOu
– Alan Truly (@AceOfThumbs) December 24, 2024
The new feature has not yet been rolled out to my browser yet, even though I already have browser version 36.2. So I haven’t been able to try it yet.
Check your inbox or spam folder to confirm your subscription.
Below you can find the full release notes for update 36.2.
Interested in VR and AR? Then follow us on Facebook or X or share your experience in the comments. For feedback, topic suggestions, or other ideas, please email us at hello@mixed-news.com.
Note: Links to online stores in articles can be so-called affiliate links. If you buy through this link, MIXED receives a commission from the provider. For you the price does not change.
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Mayor Cantrell and Gov. Landry to request increased Mardi Gras security from Biden after Bourbon St. tragedy – WWLTV.com
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Joe Alywn Comments on Working With Taylor Swift During the Pandemic: ‘That Was Pretty Special’ – Billboard
Love Horoscope For Each Zodiac Sign On January 6, 2025 — Mars Returns To Cancer – YourTango
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Written on Jan 05, 2025
Our love horoscopes for January 6, 2025, take a closer look at Mars, the planet that rules passion and ambition. Mars first stationed retrograde in Leo on December 6, 2024. Since then, Mars has been teaching you about the inner workings of your ego and what you desire most for your romantic life.
But on Monday, January 6, retrograde Mars will shift into Cancer, remaining until February 23, when it stations direct. Retrograde Mars in Cancer brings about healing, emotional fulfillment, and security themes so that you can address whatever hurts and improve your romantic life.
Photos: NASA & sparklestroke | Design: YourTango
Take time to heal, sweet Aries. Retrograde Mars in Cancer will draw attention to matters of healing related to your home, family, and relationship.
With Jupiter shifting into Cancer on June 9, this area of your life will be intensified this year, so focusing on healing now will be of benefit.
You may want to reflect on healing generational trauma during this time or the lingering heartbreak from a past break-up.
Think of this period as tending to your heart and the roots that help you grow so that you can be in the position to recreate your romantic life truly.
RELATED: What Aries Needs To Know About 2025, According To A Tarot Reader
Photos: NASA & sparklestroke | Design: YourTango
Feel free to take the time to sort through your feelings, dear Taurus. With retrograde Mars in Cancer affecting your house of communication, you may have difficulty in finding the words to express yourself.
This may be challenging because there will be a need to talk through certain matters of your relationship.
Use this as a chance to reflect on how you feel and what direction you are being called to pursue in the future.
While conversations may arise, waiting until after February 23 to make any decisions or announce your intentions to your partner is best.
RELATED: The 3 Most Challenging Months In 2025, According To An Astrologer
Photos: NASA & sparklestroke | Design: YourTango
Let yourself shift your priorities, beautiful Gemini. As retrograde Mars enters Cancer there will changes to what is important to you, as well as how you work together with your partner.
Themes of shared finances may arise, as well as the desire to spend quality time with your partner.
You are being urged to reconnect with your values instead of letting your ego rule the decisions you make. If done properly, a relationship should always make you and the person you’re with stronger.
You need to make sure you’re seeing this as a partnership and not keeping those walls of independence up.
RELATED: Your Zodiac Sign’s Weekly Horoscope For January 6 – 12, 2025
Photos: NASA & sparklestroke | Design: YourTango
Go within, Cancer. You have been on a journey of healing since the end of last year, but you are about to have a breakthrough.
Retrograde Mars in Cancer will not only help you heal deeply from your past, but it’s also going to infuse you with the confidence to become assertive.
The only way you will have the relationship you dream of is to go after it. You don’t need to wait for love to come to you, but instead, realize that you are being empowered to follow your own heart.
Use this time to heal and become certain about what you want. Embrace the confidence to make this chapter of your life one you’re excited about.
RELATED: What Cancer Needs To Know About 2025, According To A Tarot Reader
Photos: NASA & sparklestroke | Design: YourTango
There is always to learn, sweet Leo. Since Mars was stationed retrograde in Leo, you’ve been on a personal quest for truth within yourself.
However, that shifts as retrograde Mars moves into Cancer, bringing up repressed fears and desires.
You don’t need to let your current story be the one you continue to live, but you need to face what you’ve buried within.
This is a fantastic time for introspection and healing so that you can begin to write a story of survival and joy.
Try to be honest with any romantic partner if you’re currently in a relationship, as you will need time to yourself during this phase.
RELATED: How The Intense Astrology Of 2025 Affects Leo All Year, According To An Astrologer
Photos: NASA & sparklestroke | Design: YourTango
You must be careful with who you surround yourself with, dear Virgo. You have been enjoying a beautiful time in your relationship, but challenges may be ahead as retrograde Mars moves into Cancer.
During this period, you may encounter a so-called friend working behind the scenes to ruin your relationship.
Be mindful of who you engage with, especially with whom you and your partner spend time.
This may be a situation where your partner is tempted by someone close to you, so just be sure that everyone who says they’re happy for you is. Otherwise, you could end up having to heal a broken heart.
RELATED: What The 2025 Tarot Horoscope Predicts For Virgo All Year
Photos: NASA & sparklestroke | Design: YourTango
Make sure that you are honoring your true self, Libra. As retrograde Mars shifts into Cancer, you will focus on reconstructing your sense of self.
This will give you greater confidence and assertiveness to go after what you want – and not be so accommodating to your partner.
The journey that you have been on has invited you to set better boundaries and not give up your dreams for another.
Now, with the current energy, you will be able to heal your inner self and finally learn how to honor your true self to receive the love meant for you.
RELATED: How The Intense Astrology Of 2025 Affects Libra All Year, According To An Astrologer
Photos: NASA & sparklestroke | Design: YourTango
Embrace the questions, dear Scorpio, because that is how you find the answers.
You may feel confused when retrograde Mars is in Cancer, but it’s only to help you see all the romantic possibilities surrounding you. Instead of continuing to tell yourself what is or isn’t possible, try to suspend your previous beliefs.
Question everything, including yourself, and use this as a chance to grow. Life will never change until you take action to make it so, and this is your moment to figure out what you want finally.
RELATED: How The Intense Astrology Of 2025 Influences Scorpio All Year, According To An Astrologer
Photos: NASA & sparklestroke | Design: YourTango
Step into an inner process of transformation, beautiful Sagittarius. Retrograde Mars in Cancer will help you transform your romantic life by helping you release emotional baggage and heal from your past.
You may have a new and incredibly positive relationship in your life, but you need this time to ensure that you’re not repeating any mistakes from your past.
This chapter is about recognizing how your actions played a part in your heartbreak so that you no longer sabotage the love you desire.
Give yourself plenty of time to go within and be open to wanting what you never thought you would.
RELATED: What Sagittarius Needs To Know About 2025, According To A Tarot Reader
Photos: NASA & sparklestroke | Design: YourTango
You must ground yourself, dearest Capricorn. Retrograde Mars in Cancer brings the focus to your romantic relationship and, because of that, may cause arguments.
This process helps you understand how to honor your emotional needs and work cohesively as a partnership, but it may get rocky.
Try not to cling to any one argument or make any decisions about ending a relationship until after February 23, when everything will look different.
Any arguments that arise will only be regarding issues that you have avoided and so by seeing it as a chance for healing in your relationship, you can use this time to become stronger as a couple.
RELATED: How The Intense Astrology Of 2025 Influences Capricorn All Year, According To An Astrologer
Photos: NASA & sparklestroke | Design: YourTango
Take care of yourself, Aquarius. You truly can’t pour from an empty cup, but now is your chance to start focusing on yourself.
As retrograde Mars moves into Cancer, you can focus on your inner healing, including how you care for yourself and your personal boundaries.
Because of this, you may be craving time by yourself or want to include your partner in your new self-care regime. Try not to see your partner as the enemy during this time but as someone who wants to support you in feeling like your best self.
This phase isn’t about doing what you think you should do but rather what you feel you need the most.
RELATED: How The Intense Astrology Of 2025 Influences Aquarius All Year, According To An Astrologer
Photos: NASA & sparklestroke | Design: YourTango
Open yourself up to divine inspiration, sweet Pisces. You have been working so hard to manifest love in your life but have forgotten the power of attraction.
Instead of rushing to create or progress a new relationship, give yourself time to listen to your intuition.
Love shouldn’t only feel like work. Truthfully, when a connection is genuinely meant for you, it will come naturally if situations still need to be figured out.
Focus your attention on the power of attraction and rebuilding your connection with the divine so that you can be guided to precisely where you are meant to be.
RELATED: How The Intense Astrology Of 2025 Influences Pisces All Year, According To An Astrologer
Kate Rose is a writer, spiritual astrologist, relationship and life intuitive counselor, and bespoke retreat curator.
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Market Watch Weekly Report: Macroeconomic pressure emerges, BTC is under pressure, and altcoins are beginning to recover – PANews
24-hour tracking of blockchain industry news and in-depth article analysis
Macro volatility factors were large in January, BTC was under pressure, and altcoins showed signs of recovery
Combined with this week’s on-chain data, the following analyzes the impact of these data on the BTC market from the aspects of capital flow , price indicators , and trading volume , and evaluates the key risks and opportunities in future trends.
Combining this week's macroeconomic indicators and market data analysis, the altcoin market is experiencing continuous adjustments and capital outflow pressure. The following is an analysis of this week's altcoin market performance from multiple dimensions, including altcoin season indicators, capital flows, BTC market share, OTHERS market share, and USDT market share , and looks forward to possible future development paths.
Cottage Season Indicators
This Friday, the Altcoin Index was 47, almost the same as last Friday, indicating that the Altcoin has clearly bottomed out. As we concluded last week, as long as BTC does not fall further, the Altcoin will have the hope of slowly recovering to its previous high.
It can be clearly seen from Crypto Bubbles that the altcoin rebounded significantly this week. Other tracks all increased by about 10~25%. The Agent track had the largest increase, reaching more than 30%, and AI16Z even increased by 135%.
Inflow of copycats
This week's inflow data finally improved, from a net outflow of US$2.347 billion last week to a net outflow of US$43.86 million this week. The outflow of funds decreased by 98% month-on-month. Many tracks have shown a net inflow trend during the week.
However, as we mentioned earlier, the pullback in the market value of stablecoins is a major hidden danger for the market that is undergoing recovery. Therefore, there are still risks in the short term, so investors are advised to pay attention.
BTC market share (ratio, growth rate)
BTC's market share is still falling compared to last week, and the daily MACD crosses. This test failed to successfully break through the resistance range, and the trend of stepping back to the long-term support line is quite obvious. Compared with the performance of BTC's weekly closing this week, BTC rose and the market share fell. In addition, the net inflow of $120 million of all currencies except BTC is enough to show that the overall altcoins were relatively active this week, and BTC's strong position has not been sustained for the time being.
As for the overall direction of BTC's market share in the future, we still need to wait for Trump or other important macro news factors to have an impact on BTC prices before we can make further judgments.
OTHERS.D
The total market capitalization share of tokens outside the top ten was repeatedly tested above the Fibonacci 0.236 level this week, forming support once again, and the daily MACD confirmed the golden cross.
In order to better observe the big cycle trend, we look at the monthly line. On the monthly line, we have reached the end of the triangle pattern, and MACD is about to cross underwater, which may mean that there will be considerable potential upward momentum waiting for the cottage this year.
If we stick to the old ways, based on the rise of OTHERS.D in the last cycle: the cycle lasted for one year, and the rise was about 244%. We start from the current Fibonacci 0.236 and calculate that OTHERS.D has risen by 244% this year, which is close to the 2.618 level, which is almost the same as our previous view of OTHERS.D to escape the top. After cross-comparing with the BTC trend in the last cycle, we get the following pattern:
At present, the conditions for BTC to start in Q1 this year need to focus on whether the Trump effect and the macro environment can be met. The incremental growth of altcoins is not obvious at present. Coupled with the current intervention of ETFs, the altcoin market has a significant lag effect in terms of time dimension. Therefore, the limitation of cutting the boat to find the sword is large, and it is for reference only. However, we are still optimistic about the start of the altcoin season in the medium term, and maintain the original conclusion that the altcoin season will be around January to March.
USDT Market Share
Finally, USDT.D has failed many times in its attempts to break through the white long-term support line, and the support has turned into resistance. The daily line has retraced to the resistance range of the 22-year bull tail, and the MACD has formed a death cross, and it is expected to continue to fall back into this resistance range, which is undoubtedly a short-term positive for the copycat.
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Written by: Sylvia / Jim / Mat / Cage / WolfDAO
Edited by: Punko / Nora
Thanks to the above partners for their outstanding contributions to this weekly report. This weekly report is published by WolfDAO for learning, research or appreciation only.
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USD0 surpasses FDUSD in market value, becoming the fifth largest stablecoin
Important information from last night and this morning (January 5th – January 6th)
Bitcoin network transaction volume exceeds $19 trillion in 2024, more than double that of 2023
10x Research: The cryptocurrency trading environment remains complex and volatile, and the short-term focus is on the CPI data on January 15
Blockstream founder Adam Back: MicroStrategy may have increased its holdings of BTC, but it must be announced to the market before or after the stock market opens
In the past 24 hours, the total network contract liquidation was 146 million US dollars, mainly long orders
From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?
2024 is about to pass, and the crypto market has experienced major events and new narratives such as AI, inscriptions, Meme, the US election, and RWA. So what will the crypto market usher in in 2025?
In a bull market, opportunities are everywhere, but at the same time, there are also many risks such as "project absconding", "hackers stealing money", "leverage liquidation", etc. Therefore, we should be cautious in the bull market and learn to survive.
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