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Ethereum
seems to be breaking out of this Bullish Flag to the upside! The first important target is $3,370 🎯
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JUST IN: Bitcoin Policy Institute drafts Executive Order for a Strategic #Bitcoin Reserve for President-elect Donald Trump 👀
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#ALTS MARKET CAP ANALYSIS The ALTS market cap is currently facing resistance at the key horizontal supply zone. This could lead to a downward movement and a potential correction in the ALTS market. However, the Ichimoku Cloud is indicating bullish momentum. A breakout above the horizontal supply zone could trigger another bullish rally in the ALTS market.
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🌐The merging of TradFi with DLT finance is here. TradFi giants aren't looking at memes or general DeFi solutions... They're looking at Enterprise DLT $QNT SATP used by 6+ CBDC pilots $HBAR BlackRock/State St/Fidelity MMFs $XRP Multiple banks on their CBDC Platform $XDC Lloyds & JP Morgan using Enigio $XLM Integrated with Mastercard & Stripe $ALGO TIPS with Bank of Italy adopted by ECB $ONDO RWAs with BlackRock & Securitize $CSPR support ACTUS contract standards $IOTA TLIP E Trade w WEF & Trademark Africa $AVAX Tokenized funds by F-Templeton & KKR $VELO Lightnet partner with Visa for payments $LINK Working with Brazil & Microsoft on CBDC $AXL Citi/Mastercard/Deutsche connections $AZERO Multiple MiCA compliant applications The scope of blockchain in finance is SO much bigger than just DeFi and crypto markets. And now we're seeing this on full display. These names are legacy Web2 financial giants. In theory none of these guys have anything to do with crypto and DeFi at the moment... But they have EVERYTHING to do with finance moving onto DLT. And as we've seen, the DLT networks we discuss are heavily overlapping with these.
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When 1 BTC hits $10M, the diff between buying at $107k or $98k won’t matter. By 2045, anyone with 1 BTC likely won’t need to "work," whichever that means You’d have secured 200 yrs of "labor" for just $105k in 2024. As the world shifts, BTC will dominate. I believe BTC will be a major force for the next 25 yrs.
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#Bitcoin wiped out the shorts then took out the longs. Brutal.
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