My feeling at this moment

Finally, may be it will be the last pain before the next bull run. No pain no gain

#btc73k or …

Before listing $NOT on Binance and many exchanges. I see $NOT got the $0.0069

IMO $NOT may be around $0.02 - $0.05 when listing

Do not sell less than $0.01. How about you?

#NOT #Memecoins #ton_blockchain

How do you think will $BB rise to $0.9 ?
IMO: strong team, rely and staking on $BTC

IMO how I expect the #OMNICOIN could be. Due to we are under bear situation hope it can initial around $60-$80 #BinanceLaunchpool #write2earn🌐

IMO $BTC will follow the yellow line after halving. #bitcoinhalving #write2earn🌐💹

President Biden signed a $1.2 trillion spending package for the government budget, providing enough funds to cover expenses until October. 🖨️💵💵💵 #PrintMoney

What I think the #BOME will be, how about you ? 👇🏼👇👇👇 #HotTrends #SOL🔥🔥🔥🔥 $BOME $SOL

Within 2 hours launching ETHFI. How much per ETHFI? IMO 👆👆👆 #HotTrends #ETHFI

If the SEC rejects the Ethereum Spot ETF, will they be sued like they were when they rejected the Bitcoin Spot ETF?

The Chief Legal Officer of Coinbase, Paul Grewal, has confirmed: YES.

#ETHETFNews
#SEC诉讼

MicroStrategy has officially announced the issuance of $525 million in bonds.

They are determined to take all of your Bitcoins.

One thing you may not know is that MicroStrategy's bonds have an interest rate of only 0.875% and will mature in 2031, almost like interest-free debt... So why would an investor buy MicroStrategy's bonds with such a low interest rate when government bond yields are around 5%? The reason is that they can convert these bonds into stocks in 2030, based on the provisions in the contract.

In other words, if Michael Saylor is right, MicroStrategy's stocks will be very valuable. If not, they can still recover their capital. What Michael Saylor is doing is using that money to buy Bitcoin.#MiscroStrategy #BTC

JPMorgan: Bitcoin Surpasses Gold as Investors' Portfolio Allocation Choice.

According to JPMorgan, given the recent influx of funds into Bitcoin ETF compared to gold ETF, the allocation towards Bitcoin is more than 3.7 times greater than that towards gold. #BTC #GoldETFs #JP_Morgan

🔥 U.S. Senators Jack Reed and Laphonza Butler have sent a recommendation letter to the SEC, urging them not to approve any further crypto ETF funds and to conduct investigations into companies promoting Bitcoin ETF funds.

😆 The anti-Bitcoin crowd and haters are crying even louder as they witness Bitcoin's continuous price surges.

Nothing compares to savoring a cup of coffee ☕️ brewed with the sweet drops of their tears 💧. #BTC🔥🔥🔥🔥 #SEC诉讼 #HotTrends #Write2Earn‬

🔥 Cetera Financial Group has approved their financial advisors to promote Bitcoin Spot ETF.

Cetera has over 12,000 financial advisors and manages over $475 billion.

The approved Bitcoin ETF funds are:
1. Invesco Galaxy Bitcoin ETF (BTCO)
2. Franklin Bitcoin ETF (EZBC)
3. Wise Origin by Fidelity (FBTC)
4. Blackrock (IBIT) has been approved.

#BTC #BitcoinETF💰💰💰 #HotTrends #Write2Earn‬

Bernstein forecasts that the total market capitalization of cryptocurrencies could triple to $7.5 trillion by the end of 2025.

The growth will be led by Bitcoin and Ethereum, with unprecedented acceptance from institutional investors. #HotTrends #bernstein #MarketCapitalization #Write2Earn‬

During the growth phase of 2021, when prices were rising, the number of BTC deposited into exchanges also increased (shown in green 🟢). However, in this current phase, despite the price increase, Bitcoin digital currency is continuously leaving exchanges (indicated by red color 🔴).

Source (@bitcoinmunger) #BTC #HotTrends #Write2Earn‬

BlackRock has surpassed MicroStrategy with 215,626 Bitcoin, which represents over 1% of the total 21 million BTC. #BTC #BlackRockIBIT #MiscroStrategy #Write2Earn‬

Grayscale has filed an application to launch the Grayscale Bitcoin Mini Trust with the ticker symbol "BTC" (James Seyffart - Bloomberg).

- What does this mean?

They will split the GTBC fund into two parts, with one part transitioning to the new fund with the ticker symbol "BTC," while the remaining part will continue as "GBTC."

The part transitioning to the new fund is likely to have lower fees, catering to long-term HODLers who do not require high liquidity. However, they have not specified the exact percentage for that part.

- Why are they using the ticker symbol "BTC"?

Grayscale acquired the rights from Clearshares, which was the first company to use the ticker symbol "BTC." Having the "BTC" ticker symbol is a significant advantage for Grayscale as investors typically search for "BTC" on stock trading platforms.

- Why do they want to split into two instead of reducing fees? Wouldn't it be simpler that way?

It is possible that they have contracts with certain organizations that are currently using GBTC. These organizations might accept higher fees rather than canceling their contracts. Therefore, they will continue to charge high fees for those funds, while the remaining portion will transition to the new fund. #BTC #GBTC(Grayscale) #ETFMARKET #Write2Earn‬

How much BTC are the ETF funds holding?

- BlackRock iShares Bitcoin ETF (IBIT): 203,755
- Fidelity Bitcoin ETF (FBTC): 127,807
- ARK Bitcoin ETF (ARKB): 37,828
- Bitwise Bitcoin ETF (BITB): 28,553
+ Some other smaller funds

But how much BTC does Grayscale still hold?

They still hold a significant amount, totaling 388,925 BTC, which is more than the current combined figure of BlackRock + Fidelity. However, on a daily basis, some BTC leaves Grayscale and flows into other funds, and over time, BlackRock could become the largest Bitcoin ETF fund.

As of now, those who really wanted to sell, such as FTX, DCG, and Genesis, have sold off, and those who dislike the high fees of GBTC (1.5%) may have switched to other funds in the past two months. So, who is still selling? 🤔

Looking at the money flow history over the past two months, it is evident that, except for a few exceptional cases, when Grayscale sells more, BlackRock and Fidelity receive more. Although there is no detailed data on the money flow between the funds, it is possible that money from GBTC is flowing into BlackRock and Fidelity. It is assumed that the directors of BlackRock and Fidelity have reached out to the organizations holding GBTC and persuaded them to switch to their funds.

Why does Grayscale still maintain a high fee of 1.5% per year, while other funds charge only ~0.25%?

The CEO of Grayscale stated that they have managed a large amount of BTC, while new funds have to start from scratch. Therefore, they can take advantage of this time to charge a high fee for a large quantity, even though they know this could lead to investors gradually leaving their fund. Additionally, they also mentioned that they have contracts with certain companies, so not everyone who wants to sell GBTC can easily do so at this moment.

In the end, the amount of BTC Grayscale sells is not important. What matters is how much the remaining funds have received and whether the money flow is positive or negative.#BTC #Grayscale’s #BlackRockIBIT #ETFTracker #Write2Earn‬