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Bitcoin Dominance. pt 2
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Bitcoin Dominance. Global analysis of this cycle Pt 1
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Notice why the German government is selling bitcoins now and not waiting for the halving to continue and the price to rise. After all, everyone understands the cycle model perfectly well. and everything is very simple, we have elites who can sell pyramidally depending on status. and of course Germany is not the most important player in the world, so they are allowed to sell their reserves for 60-55 thousand. and who will take profits higher, I think you can guess $BTC
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In the USA, the crypto community supports reconsidering the cancellation of SAB Bulletin 121 The U.S. Congress will passionately consider repealing SAB Bulletin 121 for the SEC, which requires large companies and banks to note clients' cryptoassets on their balance sheets, making the process expensive and limiting services for clients who want to hold significant amounts of cryptoassets. In May 2024, a resolution to repeal the bulletin was voted on and passed in the US Senate. However, President Joe Biden later vetoed the initiative, arguing that banning the bulletin would undermine the powers of both the SEC and other regulatory agencies. $BTC
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Jerome Powell will face pressure this week from lawmakers impatient for the Fed to cut interest rates and those unhappy with its latest plan to raise capital requirements for Wall Street lenders. The Fed chairman will testify on Capitol Hill on Tuesday and Wednesday. $BTC
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