🌍BREAKING🌎: President Joe Biden announces he will "stand down" and will not be seeking re-election.
The announcement came after Democrats staged a "coup" and demanded that Biden step aside despite him being the clear choice by Democrat voters.
"It has been the greatest honor of my life to serve as your President. And while it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term.
TODAY Michael saylor predicts an $8,000,000 #Bitcoin at BTCPrague and implies a $70 MILLION #BTC . 👀
No joke.
Here are the rules he gave instructing HOW TO HODL the volatile next 1,000x in #Bitcoin price.🚀
Here is the math: 👇🧵 1) Those who understand buy #Bitcoin those who don’t criticize #Bitcoin.
The people who can't see a paradigm shift mock the transition.
The people with vision being to vote with their feet for the new system. 2) Everyone is against #Bitcoin before they are for it.
Michael saylor explicitly referenced his post on #BTC in 2013 when he claimed it would likely follow the route of online gambling.
#Bitcoin was $892 then and remains an orange portal to cyberspace today. 3) You will never be done learning about #Bitcoin.
No matter how smart you are you can NEVER outsmart hundreds of millions of companies, tens of billions of humans, or dozens of trillions of AI bots.
You will never fully understand the future in which #BTC is pricing in. 4) #Bitcoin is powered by chaos.
Michael referenced to WW2 and Communism in Prague/Europe...
Would you rather own a house, company, or gold in a nation fighting the war or would you rather own the Swiss bank that holds everyone's gold?
Buy #BTC because entropy is guaranteed. 5) #Bitcoin is the only game in the casino that we can all win.
Every game in the casino of assets protected by political currency is rigged against you.
In a long enough timeline, you are going to win if you keep playing the #BTC game. All other games eventually fail. 6) #Bitcoin won’t protect you if you don’t wear the armor.
Get off zero and take a 1% allocation.
However, you'll look back and wonder why you allowed 99% of your body to be burnt.
$BEER- New SOL memecoin in price discovery $NOT- Market leader in TON narrative. Continues to break ATH $DOG- Runes leader continues to run close to $1B mcap $JASMY- Infrastructure play. Strong momentum $BRETT- Meme leader on Base that has a second wind $NPC- Token NFT hybrid memecoin $ORDI- BRC 20 play showing strength with BTC momentum $OM- New L1 focused on RWAs $BB- CeDeFi project pumping into resistance $PEOPLE- Old memecoin that has been outperforming the past month $WZRD- Over 2x from the recent lows. Running with BTC narrative $FLT- DePin play moving up from recent lows $KASPA- Proof of work L1 testing ATH $AR- Testing resistance with hype from AO launch $TOSHI- Base memecoin gaining traction $ANDY- Pepe beta play retracing after big move up $PUPS- Pumping with Ordinals comeback $ALICE- Old GameFi project seeing strength from lows. #altcoins #BTC #btc70k #BnbAth
💥💥We are just 42% of 2024, yet we are winning with #Bitcoin 💥💥 .
1. Spot Bitcoin ETFs
🟠 United States 🟠 Hong Kong 🟠 United Kingdom (ETPs) 🟠 Australia 🟠 Thailand
2. States' Initiative to Protect Bitcoin Rights
Signed to Law: 🟠 Oklahoma
Pass a Bill: 🟡 Missouri 🟡 Ohio 🟡 South Carolina 🟡 Mississippi 🟡 Tennessee 🟡 Virginia 🟡 Nebraska 🟡 Indiana 🟡 Louisiana
3. U.S. Election
🟠 Donald Trump: Pro-Crypto 🟠 Robert Kennedy Jr.: Pro-Crypto 🟡 Joe Biden: Started to shift
4. Institutions Adoption
Around 700 financial firms and institutions reported having Bitcoin ETF shares.
Top 5 biggest names and holdings: 🟠 Millenium Management 🟠 Susquehanna International Group 🟠 Bracebridge Capital 🟠 Jane Street Group 🟠 Schonfeld Strategic Advisors
5. Crypto Regulations
🟠 FIT21 - passed the House 🟠 CBDC Anti-Surveillance State Act - passed the House.
💥💥Good Day! Here are the top news in #Crypto for the past 24 hours💥💥
💥BlackRock and Citadel Securities are backing the new Texas Stock Exchange, planning to start in 2025, targeting listings and reducing compliance costs.
💥Thailand's SEC launches its first Bitcoin ETF, ONE-BTCETFOF-UI by One Asset Management, targeting affluent and institutional investors.
💥Ripple CEO Brad Garlinghouse anticipates XRP ETFs by 2025, following Ethereum and Bitcoin ETFs, seeing it as an inevitable development.
💥VanEck CEO predicts Bitcoin will reach half the market cap of gold, estimating a $7 trillion valuation within 5 to 10 years.
💥 FTX seeks to reduce its tax debt to the IRS from $24 billion to $200 million, disputing liabilities related to misappropriated funds by Bankman-Fried.
💥Euro-pegged stablecoin issuer Lugh halts EURL issuance due to MiCA, guaranteeing redemption until August 30, 2024. Circulation dropped significantly.
💥StarkWare plans to expand its zero-knowledge scaling technology to Bitcoin, aiming to scale both Bitcoin and Ethereum networks simultaneously.
💥Bitpanda partners with Deutsche Bank to process fiat transactions in Germany, providing local IBANs and supporting deposits and withdrawals.
💥Polygon Labs acquires zero-knowledge research firm Toposware, marking its third major ZK acquisition in three years to enhance its zkEVM technology.
💥BREAKING: Ripple CEO confirms "XRP ETF is coming soon."
The $XRPL is expected to process $1 trillion in transactions within $DeFi. Impressively, the CTF token is the sole $XRP Ledger $DeFi token to rank in the top 10!
Go back to basics when you're unsure of your next move.
• Resist the urge to FOMO in or catch a falling knife on small moves. • Strip out the leverage trades and eliminate the liquidation risks. • Avoid any risky plays until you see a clear pattern or direction. • Zoom out and look at the bigger picture.
Uncertainty often leads to rash moves which always ends up in regret for most.