WHY ASIA WAS BULLISH ON BITCOIN THIS WEEK:
๐ญ๐ฐ Hong Kong public company Boyaa Interactive added 108 BTC to its treasury
๐ฐ๐ท South Korea officially recognized Bitcoin and crypto as national assets
๐ธ๐ฌ Singaporean public Bitcoin mining company Canaan added 49 BTC to its treasury
๐ฏ๐ต Japan passed the Financial Instruments and Exchange Act classifying Bitcoin and crypto as financial products
ASIA IS BUILDING ๐
MASSIVE BLOODBATH ๐ฉธ
โฉ220,000,000,000,000 has been wiped out from Korean stocks from today's highs.
KOSPI is now down -25% from its all-time high, officially entering bear market territory.
BREAKING: $200 Billion VanEck admits to buying the Bitcoin dip "the first time it hit $60k".
"What I've been telling clients is that you wanna have your full position by October."
COINBASE CEO ABSOLUTELY DESTROYED THE FRENCH CENTRAL BANK GOVERNOR IN A DEBATE ON #BITCOIN
"BTC DOESN'T HAVE A MONEY PRINTER AND IS MORE INDEPENDENT"
"BTC IS A DECENTRALIZED PROTOCOL, THERE IS NO ISSUER"
MUST WATCH ๐ฅ
๐บ๐ธ SEC COMMISSIONER HESTER PEIRCE SAYS SHE EXPECTS THE CLARITY ACT TO PASS SOONโผ๏ธ
โIโm optimistic that it will get done this summer.โ ๐
JUST IN: $13 TRILLION BLACKROCK JUST WARNED IF THE #BITCOIN CLARITY ACT DELAYS OTHER NATIONS WILL RUSH TO PASS THEIR OWN VERSIONS
โYOUโRE GOING TO SEE ASIAN GOVERNMENTS PASS EQUIVALENTS TO TRY TO CATCH UP AND EVEN GET AHEAD OF THE USโ
GLOBAL CRYPTO CLARITY IS COMING ๐
JUST IN: ๐น๐ผ Taiwan's legislature passes law establishing a regulatory framework for the Bitcoin and crypto industry.
"We're officially entering a new era of digital finance." ๐
JUST IN: $1.7 TRILLION FRANKLIN TEMPLETON EXECUTIVE GOES FULL BULL ON CNBC
#BITCOIN "LETS YOU PUT PRIVATE PROPERTY ON THE INTERNET FOR THE FIRST TIME IN HISTORYโ
"AI AND CRYPTO ARE GOING TO ACCELERATE EACH OTHER"
"I AM BULLISH" ON BTC
BIG MONEY IS WAKING UP ๐
ASIA'S TECH SELLOFF CONTINUES. ๐
๐ฐ๐ท KOSPI: -0.91%
๐ฏ๐ต Nikkei 225: -0.74%
๐ Samsung Electronics: -3.73%
๐ SK Hynix: -3.14%
๐ Kioxia: -5.39%
๐ SoftBank: -5.28%
South Korea's delay of new weekly options, profit-taking after Japan's record rally, and concerns over AI valuations and OpenAI's reported IPO delay are weighing on tech stocks across Asia.
This is why Bitcoin keeps on Dumping.
Saylor's $MSTR crashed to a 2-year low of $97, down -82% from its peak wiping out more than $150 billion in market value.
For years, Strategy relied on issuing new shares to buy more Bitcoin But with weak market conditions, that approach is becoming harder to sustain.
The company recently sold 32 Bitcoin for the first time in years to help cover dividend payments, a move that challenges its long-standing "never sell" narrative.
Strategy still holds a massive 847,363 BTC so this isn't an immediate crisis But the model is now facing its biggest stress test yet.
If Bitcoin recovers MSTR could rebound strongly but If the weakness continues, investors may see more dilution, cash usage, and even additional BTC sales.
This Fear is pushing Bitcoin lower.