BREAKING: Blackrock says $FTM at current levels is an easy 50x by 2025. Larry Fink stated, "the tech for Lachesis and it's Fantom Sonic Testnet is just too good to ignore"
#Blackrock#Sonic#Fantom
Warning, do not invest in this project. These guys pulled one of the most elaborate scams that I have seen in my 6 years in crypto. Notice how they have 196k followers and yet no one interacts with their tweets. ๐คก๐คก
๐จ BREAKING: ๐บ๐ธ The SEC's BIGGEST #Bitcoin decision yet ๐ณ
๐บ๐ธ Grayscale's HUGE Court Win Could Change the Game for Bitcoin ETFs ๐ฅ
But there's a TWIST ๐ฑ
A thread ๐
Is BlackRock keeping the #Bitcoin price low on purpose?
It appears that BlackRock might be manipulating Bitcoin's price. The SEC's actions against the crypto market could be more than just about regulation. Their aim might be to slow the crypto market, allowing BlackRock and other giants to accumulate Bitcoin at a lower cost.
This strategic price suppression could benefit major players. Once they hold significant amounts, the SEC may become more crypto-friendly, introducing clearer regulations and approving ETFs primarily to favor them.
The recent dismissal of claims against Grayscale hints at the SEC's weakening stance. With regulation and Spot ETFs on the horizon, Bitcoin's price might surge soon.
Donโt be fooled. Bull market soon.
Grab your pen โ๏ธ
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Login to buy, sell & trade today ๐https://t.co/srUdXh8C5C
Although today's Grayscale win vs the SEC isn't a definitive #Bitcoin spot ETF approval, it certainly increases its probability.
The SEC's main arguments against a spot ETF were rejected, and labelled by the court as "arbitrary and capricious."
Today is a big win for crypto.
The court ruled that the SEC was wrong to reject the Grayscale #Bitcoin Spot ETF.
What's next?
Likely all the other Bitcoin Spot ETFs are going to get approved, the question really is when, not if.
This ETF is a fully regulated spot ETF, not a synthetic version. A spot ETF means that every share issued has to be backed on a 1:1 ratio by actual Bitcoin. Given this requirement,
IMO this could be the catalyst for the start of a new bull market.