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Michael Saylor's MicroStrategy currently has a $6.2 billion unrealized profit on its Bitcoin investment.
🤝 @Cryptocurrency_Inside ✅
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Morgan Creek Capital's CEO predicts baby boomers will invest $300bn in cryptocurrencies within a year due to Bitcoin ETFs, potentially raising the market cap to $6tn.
🤝 @Cryptocurrency_Inside ✅
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CZ, the founder of Binance has been sentenced to 4 months in prison.
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1. Several macro data is being released this week and had investors spooked. Particularly, there is a declining probability of US interest rate cuts this month, and rumors of possible rate hike considerations
2. Over the last 24 hours, 115,804 traders were liquidated for a whopping $387.91m.
3. US Spot BTC ETFs saw an outflow of $161m yesterday
4. Hong Kong’s Bitcoin and Ether ETFs failed to meet expectations
5. RSI divergence indicators suggest a bearish trend, as it was in the "overbought" area during the US BTC ETFs launch
6. More BTC miners approach shutdown levels amid price drop below $57,000
It is important to note that during the 2015-2017 bull market, over 13 different 20% pullbacks occured. Price swings are quite normal and sometimes good for the markets.
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Michael Saylor's MicroStrategy now holds 214,400 🥇 Bitcoin worth $13.6 billion, more than any country in the world.
🤝 @Cryptocurrency_Inside ✅
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Global central banks bought 290 tonnes of gold in the first quarter above the previous all-time high of 286 tonnes seen in Q1 2023.
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Donald Trump says "Biden doesn't even know what" crypto is and if you like crypto you "better vote for Trump."
🤝 @Cryptocurrency_Inside ✅
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JUST IN: 🇺🇸 President Joe Biden claims inflation was 9% when he came into office.
Inflation was actually 1.4% when Biden took office in January 2021.
🤝 @Cryptocurrency_Inside ✅
Inflation was actually 1.4% when Biden took office in January 2021.
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"Instead of a Biden tax hike, I'll give you a Trump middle class, lower class, business class, big tax cut. You're gonna have the biggest tax cut."
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