As Binance withheld withdrawals for a stretch of time today for “issues” A reminder that after all the hate and complaints Binance customers hold 630,000 #bitcoin on the exchange with 5000 entering there today alone 630,000 on an exchange many claim is a crime front At very worst move to another exchange At best self custody But Binance? Their customers are unfazed
In regard to the Clarity act which sadly the Crypto industry has deemed a popular piece of legislation (it’s not) Todays meeting without the exaggerated posting Discussion: Yield on Stablecoins and Crypto Banks 100% No and not budging Democrats 100% No we support banks Republicans Don’t really care, but voters want it Crypto Industry: Want their share of the pie To those who claim “progress” The only progress, is if the Crypto industry stand down and sign, then release a statement how they bargained some deal on yield and it’s good. Unless that compromise occurs, there is zero chance of a yield deal On a personal note: #bitcoin was built for the people for 3 specific reasons 1: Protect against banking collapse 2: Protect against confiscation 3: Self custody Sovereignty using perfect money with predictable features This was NOT build for Government intervention. So far having any government involved has shown up in the price response. Bitcoin is at its best when it’s being attacked by its proclaimed enemy Biden Era horrific but Massive returns Trump era friendly but Liquidations Clarity will not live up to the definition
Spot ETFs go $562 million dollar buy after the weekends liquidation events Fidelity and Blackrock near 150m each Bitwise 97m and Ark 67m with BTC also adding 60m ish Good strong signal that Sellers in the finance world are exhausted We know the DCA crew buy daily Saylor weekly Metaplanet 137m to buy shortly Binance?? 100m buy and 1 billion in 30 days (not cheerleading just announcing) The idea long term holders are selling is ridiculous, as they’d have sold their stack in the early 100ks Exhausted sellers, Heavy dip buyers Let’s hope the price reflects quickly for the general direction resumption Everyone love up Hope you bought some tasty dip I sure as hell did #bitcoin
Saylor 75m Binance 100m (sold more) Cardone bought Cardone brother bought ETF BTC $70m buy In bear markets you don’t see heavy buyers in public #bitcoin is uncharted and cannot be a Bull or Bear situation It’s now off cycle, unchartable on a normal 30+% dip If you were from my 2017 day… 30% ers are Bull signals Bitcoin is not going to correlate with anything, M2, Gold and no rotations won’t happen….. people will just keep buying and supply will squeeze Imagine Saylor or Cardone with near infinite hold buy times….. May as well say 16m #bitcoin are gone forever and the 20-50,000 coins price actually trades on is getting harder to source
@Michael Saylor can you please buy 1000 #bitcoin on the order book in one shot please 116k says thank you, not to mention the overshoot of you removing all that supply The short squeeze setup up is best I’ve ever seen image
I have not seen this much Volatility on #bitcoin price in so so so many years… 2017 Do we now get weekend markets back? Do we get our actual volatility back to upside too? What I’m seeing is big manipulators might be exiting their BS due to everyone pointing the finger You can’t tell me there hasn’t been sniffing around by regulators on exchanges the last week or so…. After 10/10 I’d say they’re being looked at We will see shortly I spose CME gaps 84 and 93k
#bitcoin A peer to peer electronic payment system explained in 9 pages Nothing ac stop Bitcoin Price market is a simple solution, they who control the supply controls the price Satoshi built #btc for the public, not the industry HODLERS need to do a hostile takeover image
Last time a couple of banks went bye bye Is when #bitcoin went from 16k to 126k It as it always was protections against Fiat debasement Confiscation Fiat systems collapse #btc is always there, Fiat system is getting some electric shocks to keep it alive, hence these annoying dips in Bitcoin price But as always we all time high again against the grain I’m hopeful the last electric shock to keep Fiat alive is done Bitcoin won years ago, its price is just catching up
ETFs landing positive on #bitcoin buys today These customers buy bitcoin dips with never needing a podcast, conference or book. They just go see their fund manager and explained once and boom…. They buy This is where their professional way of educating far out ways the Bitcoin podcast community 1 and done vs endless podcasting to desolate nowhere