Elon Musk talks about freedom of thought and free speech, highlighting his platform X as an advocate of free speech. He defends moderation based on law, criticises conspiracy theories and questions the validity of IEDs. In short, Musk defends freedom of speech, criticises censorship, and advocates limited government and meritocracy.
SpaceX CEO Elon Musk announces plans for Mars colonisation, highlighting self-sufficiency and projecting a human presence on Mars within a decade. He highlights the urgency of acting to ensure human survival. Celebrating the success of SpaceX, which aims to lead 90% of space launches this year, Musk reflects on the challenges and risks of his previous projects, such as Tesla and SpaceX.
Five main points this week:
Bitcoin is recovering from its recent fall and is hovering around USD 42,000. If the price can maintain its current level or even rise, it could indicate that the downtrend is coming to an end.
This week will be crucial for the Bitcoin market, with the US Federal Reserve’s rate decision and the release of key macroeconomic data.
The odds of rates remaining unchanged after 31 January are almost 98%, according to CME Group’s FedWatch Tool.
The fundamentals of the Bitcoin network remain solid. The difficulty of mining is an indicator of the health of the Bitcoin network. The fact that it is on track to reach new all-time highs is a good sign for the future of the network.Overview of the fundamentals of the Bitcoin network (screenshot). Source: BTC.com
In the recent Bitcoin rebound, speculators, (STHs), show confidence in holding their position, with a realised price of USD 38,800. Despite the pullback from USD 49,000, this level suggests a solid and sustainable base for the current rally.Price realised by cohort of Bitcoin investors. Source: James Van Straten/X
Crypto sales by FTX and GBTC concerns affect the market. GBTC outflows fall, but crypto sentiment at 3-month low. Crypto struggles to recover, with BTC above $42,000
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