Institutions believe in crypto:
π 71% believe that Bitcoin remains undervalued at the current price of $85,000-$95,000;
π 25% rate the BTC price as fair;
π 4% believe that Bitcoin is overvalued;
π 80% said they would hold positions or buy more if the market fell by 10%.
#SXT Microsoft and Space and Time partnership π₯
Developers will be able to get real-time verified data on #BTC, #ETH, #SUI and other blockchains directly into Microsoft Fabric (powered by Azure OneLake) thanks to Space and Time's technology integration.
Regulatory battles, SEC pressure, elections, pressure on DeFi - all of this could seriously alter the landscape of the crypto market. And judging by the cover, the βplungeβ has already begun.
Here's what Chat GPT thinks about the new cover of The Economist
The Economist's fresh cover hints unequivocally:
Crypto has officially entered the swamp - the American, bureaucratic, political swamp.
#GPT#Economics#Investing#Finance
It's worth keeping in mind that past listings of $Pepe and $Shib on the Binance spot have heralded a correction in the entire market.
Today, $BONK was listing , so it would be cool to see the alts party from Friday to Saturday like they did last week.
And then be ready for a correction.
Smart whale 0x475 transferred all 750 thousand #UNFI ($5.29 million) to Binance at a price of $ 7.06 ~14 hours ago, after which the price dropped sharply by half.