Why is Hegseth on TV right now, 8:00am, saying how the US absolutely "crushed" Iran in every way when cease fire negotiations start Friday. Seems like this is counter productive. Meanwhile Iran is claiming victory. This is just a cluster. I can't see how the cease fire lasts. This is Iran's press release, "Iran's Supreme National Security Council released a statement saying "nearly all of the war's objectives have been achieved, and your valiant sons have driven the enemy into a state of historic helplessness and enduring defeat."
We are all just trying to pick the bottom and are worn out waiting for the recovery. BMNR follows the path of ETH, and we all expected ETH to be fully embraced long ago. I also bought early and took some tax losses—which is never fun—but crypto adoption is simply taking longer than we hoped. Being early is still an advantage, and now is the time to accumulate.
We all know that no one can truly predict these markets. Everyone has an opinion, but no one has a crystal ball. Hang in there and buy at these levels; if we drop further, buy more. Crypto’s time will come. Be patient.
Looking at the 180 EMA, the −77.15% decline from the 69k high pushed price approximately 40% below the 180 EMA. If a similar pattern were to repeat from the 126k high, a move 40% below the 180 EMA would imply BTC near the 35k level.
The earlier decline on this chart was less extreme. Following the −84.90% drop from the 21k high, the low formed roughly 28% below the 180 EMA.
I’m learning quickly that the crypto market is largely driven by conviction in the long-term success of BTC, ETH, and the broader crypto ecosystem. The mindset often feels like buy, stay patient, and accept the possibility of either significant gains or substantial losses.
I’m a believer and significantly invested, but it is not for the faint of heart. LFG
🚨NEW: Senate Banking GOP has handed off a much-anticipated new crypto market structure bill draft to Senate Dems, who are meeting in a few minutes to discuss the text, a Senate source confirmed to me
Dems are scrambling to read the bill and find out what's inside! Less than 3 days til markup and counting...
Today, Grayscale Ethereum Staking ETF (Ticker: $ETHE) became the first U.S. Ethereum ETP to distribute staking rewards back to investors.
Note: $ETHE is trading ex-dividend today as of the open.
Read the press release: https://t.co/oDOSk9B2pG
@BMNRTracker I agree that much of this has to do with tax loss selling. I sold my BMNR position two weeks ago to capture the loss. I had a huge gain with NVIDIA so it made sense. I'll buy back after the 30 day window.
@ETHZilla_ETHZ Peter Thiel’s Founders Fund took a 7.5% stake in Ethzilla—and as a major $BMNR investor, they’ve suggested that capital would’ve been better allocated to $BMNR.