A Nasdaq-listed firm just pledged 2,380 $BTC to Bedrock’s restaking pool for yield. That’s the number all the hype boys are screaming about, but it’s not even a done deal yet.
This is just a non-binding framework. It still needs SEC, Nasdaq and Chinese regulatory approval, and could take up to 12 months to finalize. Greed is already at 69, $BTC is down 1% and $LINK is off 1.7% despite the news. The market’s already priced in the hype before any real work starts.
Bullish case: We only consider entry if we see formal regulatory filings and rising $LINK oracle call volume within the next month. Bearish case: If $BTC breaks below $82k with no approval progress, this is just empty corporate hype, stay out.
#Write2Earn #BinanceSquare #BTC $LINK #TradingTournament
This is just a non-binding framework. It still needs SEC, Nasdaq and Chinese regulatory approval, and could take up to 12 months to finalize. Greed is already at 69, $BTC is down 1% and $LINK is off 1.7% despite the news. The market’s already priced in the hype before any real work starts.
Bullish case: We only consider entry if we see formal regulatory filings and rising $LINK oracle call volume within the next month. Bearish case: If $BTC breaks below $82k with no approval progress, this is just empty corporate hype, stay out.
#Write2Earn #BinanceSquare #BTC $LINK #TradingTournament