"Really Good Time" to Buy Bitcoin, Says T. Rowe Price Pro ๐ฐ
Dominic Rizzo, global technology portfolio manager at T. Rowe Price (managing over $1 trillion in assets), believes now is a prime time to gain exposure to Bitcoin.
He compares Bitcoin to a traditional commodity, noting that its current priceโtrading near the average cost of mining (~$84,770 vs. ~$87K)โcould indicate a price floor and limited downside. ๐
Do we have another major player emerging in the market? ๐๐ณ
Dominic Rizzo, global technology portfolio manager at T. Rowe Price (managing over $1 trillion in assets), believes now is a prime time to gain exposure to Bitcoin.
He compares Bitcoin to a traditional commodity, noting that its current priceโtrading near the average cost of mining (~$84,770 vs. ~$87K)โcould indicate a price floor and limited downside. ๐
Do we have another major player emerging in the market? ๐๐ณ
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Rumble to Launch Crypto Wallet with Tether Support! ๐ต
Rumble, the YouTube competitor boasting 68 million monthly users, is gearing up to launch its very own Rumble Wallet. ๐
This new crypto wallet initiative comes with backing from Tether, positioning Rumble to blend digital content with seamless crypto transactions.
Rumble, the YouTube competitor boasting 68 million monthly users, is gearing up to launch its very own Rumble Wallet. ๐
This new crypto wallet initiative comes with backing from Tether, positioning Rumble to blend digital content with seamless crypto transactions.
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Crypto soothsayer
๐จ Trump Media to Launch Crypto ETF with Cryptoโคcom Amid Scandal ๐ฅ Trump Media has announced plans to partner with Cryptoโคcom to launch a crypto ETF. However, controversy is brewing! ๐ ๐ ZachXBT exposed that Cryptoโคcom re-minted 70B CRO, which were supposedlyโฆ
CryptoCom CEO Blocks ZachXBT!
Chris Marshall, CEO of CryptoCom, has blocked ZachXBT after his investigation into the recovery of 70 billion burned CRO tokens, which ZachXBT labeled a scam. ๐ง
ZachXBT summed it up with,
Chris Marshall, CEO of CryptoCom, has blocked ZachXBT after his investigation into the recovery of 70 billion burned CRO tokens, which ZachXBT labeled a scam. ๐ง
ZachXBT summed it up with,
โThe truth hurts.โ
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Crypto soothsayer
๐ Pavel Durov has acquired an exclusive username on Telegram for Elon Musk. In response, Elon congratulated the Telegram founder on reaching 1 billion active users. ๐พ ๐ค When asked about integration with Grok, Musk's AI, Durov confirmed it's happening. โฆ
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Elon Musk has officially confirmed the launch of the Grok neural network on Telegram!
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๐ GameStop to Invest in Bitcoin!
GameStopโs board has unanimously approved using Bitcoin as a reserve asset. The company may invest part of its funds, future debt, or equity into Bitcoin and USD-pegged stablecoins, with no set cap on purchases. ๐ฐ
Under Ryan Cohenโs leadership, GameStop has been focusing on cost-cutting and operational efficiency to boost profitability. Following the announcement, GME shares jumped over 9% in after-hours trading. ๐
Notably, Jim Cramer has commented that GameStop is finally adopting the BTC strategy he advised, though the CEO isnโt thrilled. ๐ Remember, Cramer is known for his contrarian forecasts. ๐
GameStopโs board has unanimously approved using Bitcoin as a reserve asset. The company may invest part of its funds, future debt, or equity into Bitcoin and USD-pegged stablecoins, with no set cap on purchases. ๐ฐ
Under Ryan Cohenโs leadership, GameStop has been focusing on cost-cutting and operational efficiency to boost profitability. Following the announcement, GME shares jumped over 9% in after-hours trading. ๐
Notably, Jim Cramer has commented that GameStop is finally adopting the BTC strategy he advised, though the CEO isnโt thrilled. ๐ Remember, Cramer is known for his contrarian forecasts. ๐
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๐ USDT Market Cap Hits $144 Billion!
For the first time, the stablecoin USDT has reached a market capitalization of $144 billion, placing it third among stablecoins. ๐ฐ
However, XRP is close behind, trailing by just over $0.5 billion. Could XRP soon overtake USDT? ๐ This has already happened recently.
For the first time, the stablecoin USDT has reached a market capitalization of $144 billion, placing it third among stablecoins. ๐ฐ
However, XRP is close behind, trailing by just over $0.5 billion. Could XRP soon overtake USDT? ๐ This has already happened recently.
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Crypto soothsayer
๐ GameStop to Invest in Bitcoin! GameStopโs board has unanimously approved using Bitcoin as a reserve asset. The company may invest part of its funds, future debt, or equity into Bitcoin and USD-pegged stablecoins, with no set cap on purchases. ๐ฐ Under Ryanโฆ
Michael Saylor & Community Urge GameStop to Buy $3B in Bitcoin!
Michael Saylor and his loyal community are calling on GameStop to invest at least $3 billion in Bitcoin.
๐ King Move! ๐
Michael Saylor and his loyal community are calling on GameStop to invest at least $3 billion in Bitcoin.
๐ King Move! ๐
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๐ Bitcoin Exchange Supply Hits 7-Year Low
๐ธ The percentage of Bitcoin held on exchanges has dropped to 7.53%, the lowest since February 2018.
This signals that investors are increasingly opting for long-term hodling, reducing short-term sell pressure. ๐ฐ๐ช
๐ธ The percentage of Bitcoin held on exchanges has dropped to 7.53%, the lowest since February 2018.
This signals that investors are increasingly opting for long-term hodling, reducing short-term sell pressure. ๐ฐ๐ช
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๐ณ Whale Manipulation Attempt on HyperLiquid
๐น A major player tried to exploit HyperLiquid, a decentralized derivatives platform, by shorting 400M $JELLY tokens (40% of supply), withdrawing collateral, and then liquidating their own position to go long.
๐ This forced HyperLiquid to buy back at a higher price, causing a $10M floating loss. A pump attempt followed, aiming to liquidate HyperLiquidโs $200M shortโbut the price only peaked at $0.06 instead of the needed $0.17.
๐ฅ Binance & OKX announced JELLY futures listings, but HyperLiquid managed to close its short with a $700K profit and halted trading. The manipulation failed, but it was a bold move. The platform will compensate users, excluding suspicious addresses.
๐น A major player tried to exploit HyperLiquid, a decentralized derivatives platform, by shorting 400M $JELLY tokens (40% of supply), withdrawing collateral, and then liquidating their own position to go long.
๐ This forced HyperLiquid to buy back at a higher price, causing a $10M floating loss. A pump attempt followed, aiming to liquidate HyperLiquidโs $200M shortโbut the price only peaked at $0.06 instead of the needed $0.17.
๐ฅ Binance & OKX announced JELLY futures listings, but HyperLiquid managed to close its short with a $700K profit and halted trading. The manipulation failed, but it was a bold move. The platform will compensate users, excluding suspicious addresses.
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๐ Bernstein Predicts $1M Bitcoin
๐ Analysts at Bernstein foresee a massive BTC rally in the coming years:
โช๏ธ$200K by end of 2025
โช๏ธ$500K by 2029
โช๏ธ$1M by 2033
๐ฐ A bullish scenario could also see MicroStrategy doubling its Bitcoin holdings to 1M BTC.
๐ If these predictions hold, Bitcoin's adoption as a store of value could reach unprecedented levels.
๐ Analysts at Bernstein foresee a massive BTC rally in the coming years:
โช๏ธ$200K by end of 2025
โช๏ธ$500K by 2029
โช๏ธ$1M by 2033
๐ฐ A bullish scenario could also see MicroStrategy doubling its Bitcoin holdings to 1M BTC.
๐ If these predictions hold, Bitcoin's adoption as a store of value could reach unprecedented levels.
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Elizabeth Warren Slams Stablecoin Bill as Trump-Musk โGriftโ ๐ง
๐ฐ Senator Elizabeth Warren has criticized the FIT21 stablecoin bill, claiming it benefits Trump and Elon Musk by giving them financial control. She accused Trump of launching his own stablecoin, USD1, to enrich himself.
๐ The bill aims to create a regulatory framework for digital assets, but Warren warns it could enable market manipulation. Meanwhile, the Trump administration pushes for the U.S. to become the "crypto capital of the world."
โ๏ธ Warren also questioned Trumpโs crypto czar, David Sacks, and Muskโs role in government, calling for stricter oversight. The debate over crypto regulation vs. financial freedom is heating up.
๐ฐ Senator Elizabeth Warren has criticized the FIT21 stablecoin bill, claiming it benefits Trump and Elon Musk by giving them financial control. She accused Trump of launching his own stablecoin, USD1, to enrich himself.
๐ The bill aims to create a regulatory framework for digital assets, but Warren warns it could enable market manipulation. Meanwhile, the Trump administration pushes for the U.S. to become the "crypto capital of the world."
โ๏ธ Warren also questioned Trumpโs crypto czar, David Sacks, and Muskโs role in government, calling for stricter oversight. The debate over crypto regulation vs. financial freedom is heating up.
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Crypto soothsayer
๐ณ Whale Manipulation Attempt on HyperLiquid ๐น A major player tried to exploit HyperLiquid, a decentralized derivatives platform, by shorting 400M $JELLY tokens (40% of supply), withdrawing collateral, and then liquidating their own position to go long. ๐โฆ
โ ๏ธ Will HyperLiquid Follow FTX?
๐ฅ According to Bitget CEO Gracy Chen, the $JELLY incident exposed serious risks within HyperLiquid. The delisting and forced liquidation of positions at a price favoring the platform set a dangerous precedent, shaking user trust.
๐ Despite branding itself as an innovative DEX, HyperLiquid operates more like an offshore CEX without KYC/AML, raising concerns about potential shady practices.
๐คฏ The exchangeโs handling of the situation was immature and unprofessional. In crypto, trust is more valuable than capital.
โ ๏ธ Mixed asset storage and unlimited position sizes pose systemic risks. If unresolved, more altcoins could be used against HyperLiquid, potentially leading to another major collapse in the crypto space.
๐ฅ According to Bitget CEO Gracy Chen, the $JELLY incident exposed serious risks within HyperLiquid. The delisting and forced liquidation of positions at a price favoring the platform set a dangerous precedent, shaking user trust.
๐ Despite branding itself as an innovative DEX, HyperLiquid operates more like an offshore CEX without KYC/AML, raising concerns about potential shady practices.
๐คฏ The exchangeโs handling of the situation was immature and unprofessional. In crypto, trust is more valuable than capital.
โ ๏ธ Mixed asset storage and unlimited position sizes pose systemic risks. If unresolved, more altcoins could be used against HyperLiquid, potentially leading to another major collapse in the crypto space.
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The Stablecoin Multiverse is Here ๐
๐ Tether CEO Paolo Ardoino declares a new era as hundreds of companies and governments launch their own stablecoins. "Proud to see the mass adoption of technology Tether pioneered in 2014," he said.
๐ฐ USDT now has over 400M users, with projections to surpass 1B soon. Stablecoins are becoming a key part of global finance.
๐ Wyoming is set to launch its own stablecoin by July 2025, according to Bloombergโanother sign that crypto is reshaping traditional finance.
๐ Tether CEO Paolo Ardoino declares a new era as hundreds of companies and governments launch their own stablecoins. "Proud to see the mass adoption of technology Tether pioneered in 2014," he said.
๐ฐ USDT now has over 400M users, with projections to surpass 1B soon. Stablecoins are becoming a key part of global finance.
๐ Wyoming is set to launch its own stablecoin by July 2025, according to Bloombergโanother sign that crypto is reshaping traditional finance.
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๐ BTC at a Critical Level
๐ค According to the BCMI indicator (CryptoQuant), Bitcoin is at 0.5โa historical pivot point where price has either rallied or dropped.
๐ฅ The overheating zone starts at 0.75, meaning thereโs still room for growth before BTC hits major resistance. Bullish momentum could be ahead! ๐ผ๐
๐ค According to the BCMI indicator (CryptoQuant), Bitcoin is at 0.5โa historical pivot point where price has either rallied or dropped.
๐ฅ The overheating zone starts at 0.75, meaning thereโs still room for growth before BTC hits major resistance. Bullish momentum could be ahead! ๐ผ๐
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๐ถ Alternatives to USDT for EU Users
As European exchanges gradually delist USDT, here are some stablecoin alternatives to consider:
โฌ-Stablecoins:
โช๏ธEURC (by Circle)
โช๏ธEURCV (by Societe Generale-Forge)
โช๏ธEURI (by Banking Circle)
$-Stablecoins:
โช๏ธUSDC (by Circle)
โช๏ธUSDR (by StablR)
โช๏ธUSDQ (by Quantoz)
๐ For EU users, itโs time to explore these regulated options as the market shifts!
As European exchanges gradually delist USDT, here are some stablecoin alternatives to consider:
โฌ-Stablecoins:
โช๏ธEURC (by Circle)
โช๏ธEURCV (by Societe Generale-Forge)
โช๏ธEURI (by Banking Circle)
$-Stablecoins:
โช๏ธUSDC (by Circle)
โช๏ธUSDR (by StablR)
โช๏ธUSDQ (by Quantoz)
๐ For EU users, itโs time to explore these regulated options as the market shifts!
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๐ฐ Tether's Monthly Earnings: More Than Just a Stablecoin
Tether pulls in $548 million a monthโway ahead of its competition! ๐ฑ The next closest? Circle with a humble $182 million.
Looks like Tether isnโt just stable, it's raking in cash while everyone else is still figuring out how to print it. ๐ค
Welcome to the stablecoin era, where your crypto wallet might be more profitable than your savings account! ๐ธ
Tether pulls in $548 million a monthโway ahead of its competition! ๐ฑ The next closest? Circle with a humble $182 million.
Looks like Tether isnโt just stable, it's raking in cash while everyone else is still figuring out how to print it. ๐ค
Welcome to the stablecoin era, where your crypto wallet might be more profitable than your savings account! ๐ธ
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๐ซฃ Justin Sun x Forbes: The Cover Curse?
Justin Sun lands a Forbes spread as the "crypto billionaire who helped the Trumps make $400M." ๐ฐโจ
Crypto Twitter is already panicking, whispering about the Forbes cover curseโwhere the next stop after the magazine is a prison cell (just ask CZ & SBF). ๐๐
But hey, Michael Saylor also made the cover and is still free... for now. ๐คทโโ๏ธ Place your bets! ๐ฐ
Justin Sun lands a Forbes spread as the "crypto billionaire who helped the Trumps make $400M." ๐ฐโจ
Crypto Twitter is already panicking, whispering about the Forbes cover curseโwhere the next stop after the magazine is a prison cell (just ask CZ & SBF). ๐๐
But hey, Michael Saylor also made the cover and is still free... for now. ๐คทโโ๏ธ Place your bets! ๐ฐ
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๐จ US Government Moving Bitcoin?
Arkham has detected BTC movements linked to the U.S. government!
First, a test transaction of $10, followed by a larger transfer of $8.46M. ๐
Arkham has detected BTC movements linked to the U.S. government!
First, a test transaction of $10, followed by a larger transfer of $8.46M. ๐
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๐ Mt. Goxโs Iconic Protest Sign Goes Under the Hammer!
The legendary "Mt. Gox, Where Is Our Money?" sign from 2014 is now up for auction on Scarce.City with a 4.5 BTC reserve price.
Kolin Burges, the man behind the sign, never thought it would become valuableโjust like Mt. Gox users never thought they'd lose their BTC. ๐
Bidding ends April 3. History has a priceโwhoโs buying? ๐ค๐ฐ
The legendary "Mt. Gox, Where Is Our Money?" sign from 2014 is now up for auction on Scarce.City with a 4.5 BTC reserve price.
Kolin Burges, the man behind the sign, never thought it would become valuableโjust like Mt. Gox users never thought they'd lose their BTC. ๐
Bidding ends April 3. History has a priceโwhoโs buying? ๐ค๐ฐ
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