BREAKING: Circle stock, $CRCL, surges over +15% after the U.S. Office of the Comptroller of the Currency grants the company approval to operate as a bank.
BREAKING: Bitcoin falls below $62,000 after MicroStrategy, $MSTR, announces it has sold has sold $216 million worth of Bitcoin โto fund dividends.โ
๐จ This is INSANE:
After Michael Saylor announced Strategy sold $225M in Bitcoin, $BTC dropped nearly $2,000, liquidating $150M in longs.
It then reversed almost $3,000 back toward $64K, wiping out $115M in shorts.
Absolute chaos. What a day.
After living in the United States for a long time, I've gradually come to realize one thing: it's not that there's nowhere to go, but rather that you need to know where to go.
Two Massive wins for the Crypto market structure bill in the last 24 hours.
First, the National Organization of Black Law Enforcement Executives (NOBLE) endorsed the clarity act, becoming the first major law enforcement agency to support it.
Now The Major County Sheriffs of America have shifted their stance from "against" to "neutral" on the Crypto Market Structure Bill.
Two major law enforcement just stopped blocking the crypto CLARITY ACT.
We are getting closer.
๐จBITCOIN'S REALIZED P/L SIGNAL HITS LOWEST LEVEL IN 43 MONTHS
Bitcoin's Realized P/L Ratio has fallen to -0.35, its lowest reading in 43 months, per Cryptoquant.
Historically, this on-chain indicator has identified major Bitcoin market bottoms with remarkable accuracy, making its return a closely watched signal for long-term investors.
Satoshi Nakamoto said:
"If you don't believe me or don't get it, I don't have time to try to convince you, sorry."
17 years later...
Governments are building Bitcoin reserves.
Wall Street owns it.
The biggest asset managers in the world are buying it.
Satoshi was right.
Time did the convincing.