Wow. It is July already. FedNow should be working anytime soon. So we don't need crypto anymore. Just kidding 😂
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Many new litecoiners were born today 😃 interesting reaction a month away for litecoin's halving.
Bank of England could hike 50 bps instead of 25 today. Scary? Meanwhile, Turkey's 1000 bps seems normal. Powell didn't say anything yesterday. Let's see if he reserved the real thing for today or if he already gave up. Bitcoin above 30K, looking at 35K?
The market today is waiting for Powell to speak again in 1 hour from now. And it is expecting him to be hawkish. He must explain why they expect more rate hikes than people want. He probably will say that employment is very strong and housing market overheated. Be careful.
More than 30 BTC ETF fillings have been rejected. Why is the marking thinking BlackRock's one will be finally ok? Because BlackRock's history of approvals. 575 approved and 1 rejected. Imagine the crash if this one is rejected too. The SEC suddenly has the power now to finally break it all. Let's see if they have the "cojones"
It is so difficult to be short BTC right now. But with all the institution adoption happening right now, and price has only go up from 25K to 28K? Something is not right. But if this keeps going and breaks 30K again then it could start to go crazy.