Michael Saylor has asserted that #Bitcoin ($BTC ) will not drop below $60,000 by the end of this year. Saylor noted that Donald Trump’s election as U.S. president has clarified the future of cryptocurrency, stating that “there is no immediate risk to Bitcoin in the short term.”
Global asset management giant #BlackRock has expanded its tokenized bond fund, the BlackRock USD Institutional Digital Liquidity Fund ( #BUIDL ), across five new blockchain platforms. Securitize, the issuer of BUIDL, announced on November 15 that it will be deploying BUIDL on Aptos($APT ) , Arbitrum($ARB ), Avalanche($AVAX ), Optimism($OP), and Polygon($POL) blockchains.
Ondo Finance will support real-time withdrawals and settlements for the fund as part of this expansion. Launched in March on the #Ethereum network, BUIDL has grown to a market capitalization of $544 million, positioning it as the largest tokenized fund in terms of market value and giving it a lead of over 15% against its competitor, USDY.
Answer Eighteen U.S. states have filed a lawsuit against the #SEC claiming that Chairman #GaryGensler has overstepped his constitutional authority and is unjustly targeting the #cryptocurrency industry. The states argue that Gensler’s actions represent an abuse of power, leading to regulatory overreach and undue repression within the digital assets space.
$ETH went straight up into the previous range, the range low is where I'm looking for support if that fails then it's the accumulation level I look to🤝
Former TD Ameritrade CEO Joe Moglia says, “#Bitcoin ( $BTC ) TC is legitimately here to stay and I think it’s gonna have significant growth ahead of it.”
BTC that rejection at $70k harsh, and it happened before most of CT could shout $70k 😆 Volatility created by the Trump narrative makes longing now high risk, there is a 4hr bearish div playing out
BTC once again got an impulsive move during the start of the Asian session, inverse h & s formed, target is to top of the range $72k. The new moon on the 4th suggested market upside as mentioned 🌘 any retests of 68.2k I'll look to long but I'm already hedged from sub $60k, do as you will
#BTC yesterdays daily closed as a bullish hammer after the wick to $63k 👀just waiting for a retest of weekly open $68.1k, maybe a deviation just above to 69k. More pump n dump action this weekend with Trump at the conference no doubt 😺