BlackRock has recently published a comprehensive report on #Bitcoin.

Link: https://www.blackrock.com/us/individual/literature/whitepaper/bitcoin-a-unique-diversifier.pdf

Countdown to #FOMC. Let's hope it's 25 BPS.

$CKB will print millionaires. 🚀

Publicly traded company Cathedra has adopted Bitcoin as its primary treasury reserve asset.

Bitcoin proxies, in general, are not following the current BTC rally. Binance open interest (OI) has increased by 6% in the last 24 hours, suggesting that a BART pattern could emerge following tomorrow’s rate decision.

Bitcoin is at $61k

Whats next?

70k? 🚀

Did you miss out on the bullish run of $ONDO in early 2024? Don't worry, now you have the opportunity to invest in the next big thing at just $120 million market cap.

Introducing @veloprotocol $VELO, a new RWA player in the market that has recently been backed by @BlackRock. With even bigger backers than ONDO, $VELO is definitely the next king in the RWA space.

https://coinmarketcap.com/currencies/velo/

https://www.prnewswire.com/news-releases/velo-labs-brings-blackrocks-tokenized-short-term-treasury-fund-to-southeast-asia-302244067.html

Get ready for the upcoming period of heightened activity in the cryptocurrency market. As #altcoins begin to show signs of awakening, it's essential to be prepared to shift your focus to analyzing charts and seizing opportunities. Over the next 6-12 months, you'll need to be constantly online as significant chances for life-changing gains are likely to emerge.

The recent price pumps are just the beginning, with whales starting to accumulate in anticipation of what lies ahead. Instead of making excuses, take full responsibility for your actions and concentrate on your strategy. The market is poised to make significant moves, so be ready to capitalize on them. Let's stay focused and make some serious gains!

It would be better if Powell opted for a more conservative approach and granted us a 25 basis point rate cut instead of a 50 basis point cut!

🚀🚀

$ROSE is the top developing project in the AI and Big data space!

DBS Bank in Singapore is set to launch OTC crypto options trading for institutional clients.

A major step in expanding crypto access to big investors.

Those advocating for a 50 basis point rate cut next week should consider the historical precedents of January 2001 and September 2007, when the Federal Reserve initiated cutting cycles with a 50 basis point reduction.

If the Fed believes a significant rate cut is necessary due to economic deterioration, it may not bode well for market sentiment.
If the Fed believes a significant rate cut is necessary due to economic deterioration, it may not bode well for market sentiment.

Whales are buying $CKB, they knew something.... 🤫

It indicates a 41% chance of a 25bps and a 59% chance of a 50bps interest rate cut now.

The market value of tokenized Real World Assets (RWA) has reached $12 billion +, doubling in the past year.

$ONDO $VELO

https://www.binance.com/en/research/analysis/rwas-a-safe-haven-for-onchain-yields

50% each for 25 BPS and 50 BPS now.

It's encouraging to see that the bulls of most altcoins are standing strong and defending the line. The weaker hands have largely been shaken out by now.

It's up to us, the diamond hands, to keep pushing forward and make a difference.

$ROSE

Why Are #Altcoins Struggling in the Current Market as compared to #Bitcoin  ? This is just my two cents worth of opinion...

1. Stagnation of Fresh Funding:

The influx of new capital into the market has slowed. Where are your favorite neighbors, barbers, and Uber drivers? They aren't investing. A look at the total stablecoin market cap reveals only $3 billion in new funding since April 23.

2. Proliferation of New Coins Causing Massive Dilution:

Exchanges are listing too many new coins without stringent reviews. These coins often have high market valuations and are surrounded by misleading marketing, with a significant number of tokens being unlocked simultaneously.

3. Insufficient Market Liquidity:

The sheer number of altcoins dilutes market liquidity, drawing funds away from each other. Meanwhile, ETFs are gradually directing funds towards BTC and ETH, leaving altcoins with inadequate liquidity.

4. Lack of Long-Term Vision by Project Owners:

Many project owners lack a long-term vision and tend to sell their coins shortly after listing, offering little market support.

5. Disappearance of Market Hype:

Market excitement has waned, leading to price drops at the slightest sign of disturbance. Investors are reluctant to support each other, making it difficult to accumulate coins for long-term investments, which often end up losing value.

How Could Recovery Happen?

Recovery might be possible through coordinated efforts by institutions to boost the market, the approval of Ethereum ETFs to increase liquidity, the resolution of geopolitical conflicts, lowered interest rates, and the start of the presidential election cycle.

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