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BLACK ROCK HITS $10.65 TRILLION IN ASSETS
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#BTC TO HIT $200K BY END OF 2025 - SAYS ANALYST - BEFORE READING, PLEASE FOLLOW THIS PAGE BY CLICKING ON THE FOLLOW BUTTON ABOVE ✅ BTC to hit $200K Following the halving of BTC, Bernstein, a company that predicted the surge of Bitcoin to $150,000.00 has revised it's forecast. Bernstein in it's recent analysis, has revised it's target to $200,000 in a Thursday research note despite the current resistance Bitcoin is facing. Despite reaching an ATH of $73,000, the price of BTC has been oscillating between $59k and $70k and this may come as a surprise to many traders as many expected a surge by May 2024 following the halving event. Bernstein's analysis follows the anticipation that BTC sport ETFs will have $190 Billion in assets under management (AUM) by December 2025 from the current $53 Billion reported I January. MicroStrategy, an American Software Company has been identified as BTC whale 🐋, holding probably the most BTC at cooperate level. To this, Bernstein highlighted MicroStrategy as an "active liveraged" bet on BTC compared to the passive nature of sport ETFs. The question is, what is driving the prediction to $200k? Well, Microstrategy owns about $14.3 Billion worth of BTC and is not selling but has plans to sell it's debt to acquire more BTC. The acquisition of more BTC in this post halving period will make BTC more scarce, thereby causing a high demand the coin due to limited supply. Also knowing that cloud mining of BTC on Binance is currently underway, and HODLed for almost a year, this is yet another hint to would be traders of BTC to consider. PLEASE NOTE THAT THIS IS NOT INVESTMENT ADVICE, CONSIDER DOYR! PLEASE DON'T FORGET TO CLICK ON THE FOLLOW BUTTON ABOVE ✅ TO SUPPORT CONTENT CREATION. THANKS 🙏👍.
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SAUDI ARABIA DITCHES THE PETRO-DOLLAR AGREEMENT ANY IMPACT ON CRYPTO MARKETS ? What is the PETRO-DOLLAR agreement? On June 8th, 1974, Saudi Arabia agreed to sell crude oil 🛢️🪔 and all oil products in the United States Dollars in favor of receiving military assistance and equipment from the United States of America. However, in a drastic sentimental shift, Saudi Arabia has not renewed the 50 year agreement entered into, the move where Saudi Arabia is ending her dependency on the USA dollar, shifting to a multi currency sales system for oil. This however cannot just come without the input of BRICS countries, a 10 member group of Nations with a different ideology to the new world order. The BRICS countries includes Russia, China, Brazil, India, South Africa as well as new member Nations like Iran and Saudi Arabia. Is the economic block about to launch it's currency to replace the use of the USA dollar for international trade? BRICS countries have not yet come up with a common currency for use in the block but have hinted on a Blockchain technology based system for it's cross border payments. Does this pose any significant impact on the dollar? How is this going to affect crypto markets in the long run? Following that most cryptocurrencies are traded for stable coins especially USDT whose value seems to be tied to that of the dollar, any significant depreciation of the USA currency I personally feel will impact the crypto markets as well whether positively or negatively. Will this move lead to Biden and the USA political elites support the despised cryptocurrencies? We can only wait and see. In the meantime, although there are down trends in prices, $BNB , $SOL and $BTC are cryptocurrencies worth investing your money in. Remember, DOYR. this is not investment advice. PLEASE DON'T FORGET TO CLICK ON THE 'FOLLOW' button above to support content creation.
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BREAKING ....... DONALD TRUMP CONVICTED USA former president Donald Trump has been convicted on all 34 felony charges. The former president was found guilty of falsifying business documents The verdict was read by a jury in the Manhattan courtroom where trump has been on trial since April 15. However, the verdict could not be assimilated by fuming Trump who accused the Judge to be corrupt in such a conflicted case and the trial was a rigged one and disgraceful. President Donald Trump not guilty to the 34 charges for falsifying business documents in relation to a hush money payment made in his behalf by his former lawyer, Cohen Michael to adult film star Stormy Daniels in final weeks of the 2016 presidential elections. However, it's not yet known whether Trump will appeal the verdict. Trump on the presidential list was seen to be popular however experts he'll have a tough time maintaining his popularity. Will the price of Bitcoin,$BTC expected to go up further or will come down knowing that president Trump is a strong
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