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🚀 Buckle up, Bitcoin enthusiasts! Bitwise CEO, Hunter Horsley, has dropped some tantalizing hints about big players secretly investing in BTC. 🕵️‍♂️ He's keeping mum on the specifics, but let's just say, the Bitcoin landscape is changing faster than you think! Horsley confirmed that a certain nation's sovereign wealth fund has dipped its toes into Bitcoin mining. 🏭 Plus, a "large tech company" has invested a "meaningful percentage" of its balance sheet into the Bitwise Bitcoin ETF, which holds a whopping $2.3 billion in assets. 🤯 But shhh...they want to keep it hush-hush for now. 🔮 Looking ahead, Horsley predicts that by next year, a tech giant like Meta might add Bitcoin to its balance sheet, thanks to ETFs making it easier to hold the asset. The next Bitcoin bull market catalyst? When the public realizes just how many big brains and heavy hitters are backing Bitcoin. 🐂 📈 Bitwise CIO Matt Hougan is "incredibly bullish" on Bitcoin ETFs, especially as their latest buyers still have room to increase their allocations. So, keep your eyes peeled, folks! The Bitcoin revolution is happening, and it's happening fast! 🚀

🚀 Buckle up, Bitcoin enthusiasts! Bitwise CEO, Hunter Horsley, has dropped some tantalizing hints about big players secretly investing in BTC. 🕵️‍♂️ He's keeping mum on the specifics, but let's just say, the Bitcoin landscape is changing faster than you think!

Horsley confirmed that a certain nation's sovereign wealth fund has dipped its toes into Bitcoin mining. 🏭 Plus, a "large tech company" has invested a "meaningful percentage" of its balance sheet into the Bitwise Bitcoin ETF, which holds a whopping $2.3 billion in assets. 🤯 But shhh...they want to keep it hush-hush for now.

🔮 Looking ahead, Horsley predicts that by next year, a tech giant like Meta might add Bitcoin to its balance sheet, thanks to ETFs making it easier to hold the asset. The next Bitcoin bull market catalyst? When the public realizes just how many big brains and heavy hitters are backing Bitcoin. 🐂

📈 Bitwise CIO Matt Hougan is "incredibly bullish" on Bitcoin ETFs, especially as their latest buyers still have room to increase their allocations. So, keep your eyes peeled, folks! The Bitcoin revolution is happening, and it's happening fast! 🚀

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🚀🚀Buckle up, BTC enthusiasts! The U.S. Congress may be warming up to crypto, but President Biden could still be a roadblock, says Senator Cynthia Lummis. 🧐 In a recent interview, Lummis shared insights on Capitol Hill's evolving views on crypto and the parties still resisting pro-crypto legislation. The big question? Whether Biden will sign H.J.Res. 109 into effect. This resolution, which has bipartisan support, aims to repeal a prior SEC rule that made it tricky for regulated banks to offer crypto custody services. 🏦💼 Biden had threatened a veto, but the strong bipartisan backing for the act has some hoping he might change his tune. 🎵🎶 However, Lummis warns that the SEC had already cautioned her about a potential Biden veto. Now, she says, the White House will have to reconsider. 🤔 Meanwhile, two other crypto-focused bills, FIT21 and the CBDC Anto Surveillance State Act, have passed the House. FIT21 even secured a two-thirds majority vote, enough to override a potential presidential veto if the Senate shows equal support. 📜👏 Lummis notes that bipartisan support for crypto is growing, but opposition still exists, mainly from the "progressive wing" of the Democratic party. 😬 Going forward, Lummis encourages the crypto industry to engage with their congresspeople and educate them about digital assets. She sees the 2024 political opportunity as a chance to establish a lasting framework for the digital asset industry. 🎓📚 So, will Biden veto pro-crypto legislation? The crypto world is watching! 👀🍿
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🚀🚀Buckle up, Bitcoiners! Ondo Finance's ONDO token is on a tear, rocketing nearly 20% to an all-time high of $1.15 on May 24, 2024. 🎉🎉 This surge is largely credited to Coinbase adding ONDO to its perpetual market. 📈📈DefiLlama data reveals that this increase has catapulted ONDO's market cap beyond a whopping $1.6 billion. On May 21, Ondo Finance also hit a peak total value locked (TVL) of $453 million, its highest level ever. 🔍🔍IntoTheBlock data shows a 52.3% rise in large transaction volumes for ONDO, with all holders currently in the green. A significant 92% of these holders are large ones, with around 63% of investors holding their tokens for periods between one and twelve months. 📊📊Since mid-March, ONDO’s price oscillated between $0.97 and $0.69 but broke out on Friday. A 10% rally ended the consolidation, pushing ONDO to an initial record high of $1.05. Now in a price discovery phase, investors expect the bullish momentum to continue driving it upward. 🎯🎯The rally came amid the U.S. Securities and Exchange Commission (SEC) approving spot Ethereum exchange-traded funds (ETFs). Despite the controversial impact on the rest of the market, ONDO is among the top performers on a daily scale. 🚀🚀Since its launch earlier this year, ONDO has seen strong demand and has rallied over 1,300% from its all-time low. Another major catalyst behind the ONDO price rally could be related to Coinbase’s addition of the asset to its perpetual market. 🔮🔮Following the announcement, several market traders have issued bullish calls for ONDO. One emphasized that ONDO represents a potent “ETH beta” set for attention soon. Another predicts an upcoming surge in the “real-world-asset narrative,” highlighting ONDO’s noteworthy performance. 🎉🎉So, here's to ONDO's continued ascent! Keep your eyes on the prize, Bitcoiners! 🚀🚀
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