#bitcoin has been surging after #JimCramer 's prediction that it's headed for a significant drop.

It seems his predictions never quite hit the mark!😂

Thanks Jim!!😜

#BlackRock the world's largest asset manager with a massive $10 trillion valuation, has adjusted its #bitcoin #etf application following on #SEC feedback. Should a mere 1% of investment fund assets transition to$BTC it could significantly impact the #cryptocurrency market once the Bitcoin ETF is approved. BlackRock's move is just the start; a domino effect is likely.

The future of finance is evolving rapidly🔥

#Mastercard launches "Mastercard Crypto Credential," a #Web3 solution that provides a unique identification number to users to strengthen verification, reduce financial loss, and prevent malicious activities in the digital asset sector.

💬 Toward global mass adoption of web3.

European & US stocks has suffered domino effect from banking sector chaos as investors grew cautious over the value of industry bond portfolios after #SVB collapse. The Central Bank meets on Thu to decide its next interest rate move & this will heavily affect the market direction

The weekly price action of #BTCUSDT saw the $21,000 support manages to hold & push #bitcoin to the upside to face strong resistance at $25,000 price range again. Should $BTC breach above this resistance area we can expect a push to newer highs 📈 🙏

#HODL #ath #crypto2023

Buyers failed to break out #btc weekly resistance (at 25K) but new Bullish Engulf pattern has been formed as monthly candle closing out. Be careful with Long as the #bitcoinprice might want to test out 16-18.5K monthly zone.

Trade what we see not what we think.

#NFA #Bitcoin

Patiently waiting for $BTC to test out weekly resistance (23-25K). Breakout above the zone could potentially see the price reaching 29-32K. #bitcoin has recently broken the ceiling of the downtrend in medium long term, which indicates slower falling rate.

#BTC #HODL #crypto2023

#Amazon  is making its first move into the crypto industry by launching an #NFT initiative focusing on #Web3 gaming & related NFTs tentatively in Spring #2023.

💡Amazon’s entry into the Web3 industry could be a push to considerable increase in #crypto2023 mass adoption globally.

#MarutiSuzuki announced ARENAVerse, a virtual world where users can indulge in an immersive VR experience with their favourite cars.

The automotive sector is gradually expanding into the Metaverse-Web3 as brands like Fiat, AstonMartin, Nissan, Porsche & Lamborghini made its mark.

#G20 countries aim to build a policy consensus on crypto assets for better global regulation in response to series of crypto meltdown recently.

One of the key agendas is to discuss the global usage of #CBDCs. India's #RBI has started both wholesale & retail digital rupee pilots.

#BTC investors has locked a total of $213B Realised Loss over the last 365-days compares to $455B yearly profits made in 2020-21 bull run. This reflects a relative capital loss of 47% of the bull market gains, similar scale to the 2018 cycle.

📌Crypto are here to stay #tradewise

In recent weeks

◾UK Treasury is finalizing plans to regulate crypto.

◾Bank of Indonesia plans to launch a central bank digital currency.

◾Brazilian lawmakers voted for acknowledge #Bitcoin as a means of payment

P/S: To be optimistic, we first need positivity.

#HODL #bullrun

#BRAZIL APPROVES BILL REGULATING USE OF #BITCOIN AS PAYMENT

Brazilian lawmakers have approved a complete regulatory framework to allow & recognize bitcoin as a digital representation of value that can be used as a means of payment & as an investment asset in the South American.

#Bitcoin Worth $2 Billion Transferred from #Binance as part of exchange's reserves audit.

Binance has recently introduced its first proof-of-reserves system,a prototype aiming to show it holds the reserves necessary to cover all customer deposits. A complete audit is ongoing.

#NFTs Are Dead?

A #BAYC Sold For Nearly $1M Today by #ChainCEO who used to buy a #CryptoPunks NFT for a record-setting $23.7M.

The NFT market isn’t dead, but significantly weakened. Data from #DappRad shows approximately $700M worth of NFT sales in Oct compared to $5.36B in Jan.

$ARG fan token sinks 31% after #WorldCup defeat to Saudi Arabia. While Saudi Arabian-themed NFT skyrockets by 50%.

#FIFA World Cup is the most trending event at the moment. Fan tokens are worth eyeing on during this event despite bear market.

#DYOR #TAYOR

📝 I am a fan of 🇦🇷 🤒

U.S. Senators urge #Fidelity who has an assets of $4.5 trillion under management to stop offering #Bitcoin  in the retirement plans following FTX fallout.

p/s: #BTC   is NOT #FTX🤦‍♂️

COMMUNITY FEARS FTX DOMINO EFFECT MIGHT AFFECT #GRAYSCALE

Grayscale owns 3.3% of the #btc market cap i.e 640k btc. LUNA owned only 80k btc. If they are forced to sell the holding, the price is expected to drop significantly. I wish this is unlikely to happen.

Stay focused & HODL

#CZ IS WORKING ON VITALIK'S ‘SAFE CEX’ IDEAS

FTX saga spectacularly imploded this week and triggered fears among the users. Realizing the need to revamp how CEX should operate, Vitalik writes a 'SAFE CEX' which does not allow CEX to withdraw a depositor’s funds without consent🔏

$BTC Probably Hasn't Bottomed Out Just Yet

Bitcoin could hit $500,000 or even $1 million one day but it could also collapse completely.

Trying to find the defnite bottom can instead lead us to make emotional decisions. If you are being optimism, start accumulating bitcoin today.