πŸ”₯ BITCOIN MENA: David Bailey, CEO of BTC Inc opens up the event by highlighting the amazing growth of Bitcoin. #Bullishbounty
πŸ“ˆπŸ€” #BTC Analyst: Whenever these blue lines intersect (2017 and 2021 bull markets), Bitcoin 2024-2025 has converged, with only a few exceptions (one of which was the COVID dump). Today another waypoint was met, making a mockery of the skeptics that claim Bitcoin is a speculative asset that fluctuates randomly. The next waypoint on this chart is $250,000 in May image
πŸ”₯ SAYLOR: β€œSell all the US gold, buy Bitcoin and then the trade is free. You’ll demonetize the entire gold asset class and our enemies hold gold in their banks. Their assets will go to zero, our assets will go to $100 trillion and we will control the world reserve capital network.” #Bullishbounty
πŸ‡ΊπŸ‡ΈπŸ€” #BTC Michael Saylor called on the US government to sell all its gold reserves and buy BTC instead. Also proposed holding 20-25% of the current supply of BTC in order to strengthen the status of the US global reserve currency and create economic difficulties for competitors holding large gold reserves. Head of Strategy at Bitwise: Countries that exempt cryptocurrencies from capital gains tax will be the next Switzerland, Singapore, Cayman Islands. CEO Circle: Crypto infrastructure will be as ubiquitous as the infrastructure that has scaled the Internet since 2004. Meanwhile, US spot BTC #ETF's hold a total of over 1.108 million BTC - twitter Top 10 BTC holders control almost 15% of supply - news.bitcoin image
JUST IN: πŸ‡ΊπŸ‡Έ US Treasury compares Bitcoin to digital gold. The "primary use case for Bitcoin seems to be a store of value aka digital gold." image
πŸ₯‡ Michael Saylor says he’s going to keep raising billions in cheap capital until MicroStrategy owns at least $3 trillion in Bitcoin and has a market cap of $10 trillion dollars.
A whale shorted $4.92 Billion in Bitcoin. On the Binance exchange Reason for the collapse πŸ‘‡ Binance Futures #BTC - Unusual selling activity 4.92B USDT in 14 minutes (10%) image
REMINDER: Bitcoin has no top because fiat has no bottom image
πŸ‡©πŸ‡ͺ The German government's decision to sell 50,000 Bitcoin for $54,000 cost them $2.4 billion in lost profits.
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