JUST IN: Caroline Ellison sentenced to 24 months in prison and ordered to forfeit $11 billion dollars by a federal judge for her role in the FTX collapse.
Many people are still confused about why #Binance lists our beloved coin as "1M Baby Doge Coin." It’s simple math! If you have 100 million Baby Doge Coins, Binance displays it as 100 Baby Doge Coins. Here's the formula: your total coins divided by 1,000,000.
#XRP hodlers woke up today from a big green stick 🍆
American court has ruled that Ripple must pay a $125 million fine, officially ending the SEC lawsuit and ruling that (attention!) #XRP is not a security 🥳 The token reacted to this event with a sharp increase of 20%.
This was a historical battle between old and new money. Crypto has won it! Our congratulations, guys, the future stands with us 🥂 ✊
Bitcoin's trajectory is right on schedule when viewed through the correct lens.
Here are a few interesting observations:
By the end of 2024, the Power Law Support (historical floor) will surpass MicroStrategy's current cost basis per BTC.
By the end of 2026, it will be above the current #BTC price.
If the 4-year cycle holds, the next bear market bottom based on the Power Law Support could be between $67,000 and $74,000 around September 2026 to January 2027.
Recent range-bound price action may have been essential for reinforcing the bottom support for the next bear market, aligning with Bitcoin's higher timeframe growth patterns.