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Ethereum looks like this:
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Will history repeat itself for #Bitcoin? #BlackRockETHOptions #MtGoxJulyRepayments #Babylon_Mainnet_Launch
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Despite the recent crash, the golden cross/bullish cross is still visible on the monthly Total Market Cap chart. The last time we saw this was in 2020, which also marked the beginning of the most exciting phase of the entire cycle. #BinanceLaunchpoolTON #CryptoMarketMoves #SahmRule
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BTC showing bullish tendency for today candle. RSI showing trend continuation in 1hr timeframe which indicates bullish sentiment so, my vote goes for bullish closing of daily candle. #bitcoinโ๏ธ #BTCโ $BTC
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๐ Former SEC Official Warns of Potential Regulatory Scrutiny on Morgan Stanley's Bitcoin ETF Offering - โ ๏ธ Major Concerns Raised: John Reed Stark, ex-chief of the SECโs Office of Internet Enforcement, has issued a stark warning about Morgan Stanley's recent move to pitch Bitcoin ETFs to wealthy clients. - ๐ Morgan Stanley's Strategy: The bank has allowed its wealth advisors to recommend Bitcoin exchange-traded fund (ETF) products, potentially subjecting the firm to significant regulatory scrutiny. - ๐ฅ "Death Wish" for Compliance: Stark described the bank's action as a "death wish," predicting that regulators like the SEC and FINRA will launch extensive examinations, with violations being "like shooting fish in a barrel." - ๐ Regulatory Watch: Stark believes regulators view Bitcoin and other digital assets as risky, implying that Morgan Stanleyโs push might attract unprecedented attention. - ๐ผ Compliance Challenge: Stark points out that compliance teams at Morgan Stanley will face enormous pressure, with all Bitcoin-related records being easily accessible to regulators. - ๐ BTC Holdings: As of May 2024, Morgan Stanley held 4.27 million shares of the Grayscale Bitcoin Trust (GBTC), valued at $269.8 million. #MarketDownturn #BTCโ
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