Bitcoin is still sideways at 59k, the whole market has no ou | Pig Investor on Binance Square

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Bitcoin is still sideways at 59k, the whole market has no outstanding news except DOGS have been claimed and deposited on the exchange, bringing the dream of wealth of everyone closer than ever. 
Let's relax this weekend everyone. While you are at it, can you guess what the trading price of #DOGS is??? and how many DOGS do you have?
#DOGS  

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Chainlink has just introduced new technology to help financial institutions secure information when transacting on the blockchain. With the Blockchain Privacy Manager feature, financial institutions and banks can connect private blockchains to public chains and other private chains over the Chainlink CCIP network. Helps keep important information such as transaction amounts and the identities of involved parties confidential when using the blockchain. $LINK

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We haven't heard much about the argument that Bitcoin isn't scarce because there are thousands of other cryptocurrencies... Now the anti-Bitcoin forces have shifted gears and acknowledged that Bitcoin is indeed a scarce asset, but for that reason it can't be a currency. The interesting thing is that without doing anything, the anti-Bitcoin arguments are self-contradictory. Like the study backed by the European Central Bank (ECB) this weekend, which says Bitcoin is worthless but argues that if the price of Bitcoin continues to rise, it will create financial imbalances between those who invested early and those who invested late or didn't own Bitcoin. Or the Minneapolis Fed president said Bitcoin would still be worthless after 12 years, but today's Minneapolis Fed study says that if too many people invest in Bitcoin, we should ban it so people buy government bonds. $BTC

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Grayscale adds the following cryptos to the list of 35 crypto products it is considering for its Trust: - Kaspa (KAS) - Aptos (APT) - Arbitrum (ARB) - Celestia (TIA) - Celo (CELO) - Core (CORE) - Cosmos (ATOM) - Internet Computer (ICP) - Mantle (MNT) - Metis (METIS) - Neon (NEON) - Optimism (OP) - Polygon (POL formerly MATIC) - Sei (SEI) - Starknet (STRK) - Toncoin (TON) - TRON (TRX) - Aerodrome (AERO) - Ethena (ENA) - Injective Protocol (INJ) - Jupiter (JUP)* - Mantra (OM) - Ondo Finance (ONDO) - Pendle (PENDLE) - THORChain (RUNE) - Dogecoin (DOGE) - Immutable (IMX) $OP $POL $ARB

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Tether is considering lending its profits to commodity trading companies, a move into traditional finance that often requires money to buy and sell commodities like oil and precious metals. Tether made $5.2 billion in profit in the first half of 2024 and is investing in areas like sustainable energy and Bitcoin mining. Tether CEO Paolo Ardoino said the company is still discussing its strategy for investing in commodities. $BTC

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The financial markets are the only place where you can be right and wrong at the same time. This may sound counterintuitive, but it holds true if you think about the context of bearish and bullish people in events like the global interest rate hikes of 2022, the pandemic of 2020, the crisis of 2008, the dot-com bubble of 2000, etc. Both the bullish and bearish groups were right, depending on the time frame. Asset prices may have fallen in the short term but eventually reached ATH. What matters is how much money you make when you are right, and how much you lose when you are wrong, and over what time frame? And what have you done to improve your finances and your family during that time. There are many people who want to be right in the financial world, but you can be right and still lose money. Think about the people who predicted a market crash years from now during the pandemic, when the global economy was stagnant with high unemployment. All of that was true, but asset prices still rose. Remember: Bulls 🐂 make money, bears 🐻 make money, but pigs 🐷 get slaughtered. $BTC

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