"Where there is no vision, there is no hope."
–George Washington Carver
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Guess what day it is Folks? HUMPDAY! Bitcoin is trading down at $28,383.80. Another morning of nearly no good news but I will continue to update this throughout the day so check back later.
, COINBASE suspended 80 non-USD trading pairs to improve liquidity.(3) Today, the market capitalization (market cap) of Bitcoin (BTC) could rise to $950 billion if the US Securities and Exchange Commission (SEC) approves Bitcoin spot exchange-traded funds (ETFs). By investing just 1% of their $15.6 trillion in assets, ETF approvals can inject $155 billion into the market. Bitcoin metrics ‘improve bullish odds’ as BTC price holds 200-week trendline.
“I believe six to 12 months after the halving cycle, there’s no reason why Bitcoin couldn’t be at $100,000. Just given what I know about demand and given what I know about the cycle and where the miners are, and so forth, and plus, we may get some interest rate relief. That’s a 3x bump. That’s happened in the world of technology all over the place, so it certainly could happen to Bitcoin. Ethereum, I am not as close to, although we do have a position in it. Could Ethereum be $4,500 by then? Why not? You know it’s a great utility. Speeds have improved. The layer-2s have helped it. Why not? Why couldn’t it be $4,500? These things are maturing." -Anthony Scaramucci
Cardano's price has been trading above the $0.24 support area since early 2021, forming a bullish triple bottom pattern and the daily timeframe price action and the Relative Strength Index (RSI) readings both suggest that the trend is bullish.
X account tied to rapper Nelly compromised, used for crypto phishing scam.(2)
Podcast of the day: The Debt Event Horizon & Bitcoin w/ Jesse Myers | Bitcoin Fundamentals
