When bitcoin has broken all-time highs in the past, the price doubled very quickly immediately afterwards.
Add in the halving in less than 50 days and it is hard to be bearish on the asset.
Here is my full segment from @SquawkCNBC this morning.
Michael Saylor yet again laying it down. “There is no reason to sell the winner to buy the losers”.
Millions of dollars are travelling from the old analog ecosystem into the new emerging digital asset class. #Bitcoin
JUST IN: 🇺🇸 SEC Chair Gary Gensler issues statement on Spot #Bitcoin ETF approval.
"While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin."
Gary and the SUDDEN SEC SHOCK is a good lesson:
Any #Bitcoin held by any of the ETF’s on offer in the US, as stipulated in the prospectus, can be seized by the US gov at any time, for any reason they deem.
The ETF holder will get $USD equivalent (and pay tax) but the gov will keep your BTC
Coinbase (the custodian) has ALREADY turned over private information and tracking info about their customers to the IRS.
BTC ETF’s ≠ #Bitcoin
▶️ While the whole space waits, let's play and have some fun! Will the #BitcoinETF go through or not?
📢 'Yes' or 'No'? Comment below. When it happens or not we'll randomly pick one of you with the correct answer for a #Bitcoin airdrop. 🪂
We're back for another Fireplace and this time we're discussing the market! 🔥
- What to expect in 2024?
- How to find crypto gems?
- Are NFTs dead?
Our special guests are: @SeedifyFund@ShaneCryptoVC@AnthoLGSB@meta_alchemist
https://t.co/pXDjlxjbLE
We survived The 2018 Bear Market.
We survived China Banning Crypto Trading.
We survived India Banning Crypto.
We survived Tesla selling their Bitcoin
We survived China Banning Mining.
We survived LUNA.
We survived 3AC.
We survived Celsius.
We survived Blockfi.
We survived Voyager.
We survived FTX.
We survived Andre leaving Fantom.
We survived EU MICA Regulation.
We survived the NYAG against Kucoin.
We survived the USDC Depeg.
We survived AI.
We survived the great crypto banking attack in the USA.
We survived SEC vs BINANCE.
We survived SEC vs Coinbase.
We survived SEC vs $SOL, $ADA, $MATIC and others...
And Bitcoin is still trading at $27000!
We ain't leaving!
Tempus Fugit 1/1 standalone auction at @phillipsauction is currently live until June 5th 🔥 To bid on the artwork you just need to register at https://t.co/6RUtdmE8yx. Below a thread with more info about this release 🧵
Support fully what the team are doing over at VC Lab @govclab when it comes to fairness and equality for our industry. Venture Capital is about relationships for the long-term. Remember doing the right thing is always the right thing. Great job @govclab https://t.co/T2F8CRO0bW
Fake account alert… please feel free to report this absolute scammer! There is only one real me, and NEVER with an underscore (_) #fake#fakeaccountalert