heruvim1978
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heruvim1978

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Joined in 10, 2020
heruvim1978
· 2 days ago
I know we can't control fate, but I'm sure not going to spend whatever time I have left sitting around and waiting for my life to get better!  (weekly crypto updates)

What happened in crypto the past 2 weeks? Bitcoin is stabilizing a bit. Solana tried to adapt, but the ad misfired. ETH rebirth is coming soon. Coinbase wants your money. CryptoDotCom are axxxoles. What else? Read below:Bitcoin: BTC has corrected 23% since the January ATH, but it is still outperforming every major global asset class. As the Fed rates remained unchanged, Bitcoin went up to $87K, only to retrace to $85K after the announcement. Strategy is raising another $500M through preferred stock, to buy more Bitcoin. The stock will offer investors a fixed annual dividend of 10%, which is much better than Coinbase's verified DEFI pools. Just saying it. And we have it, as the SEC has said that Proof of Work mining doesn't fall under federal securities laws. Bitcoin's volatility just hit a 6-month high at 3.6%, most probably as Trump has been involved in this economic uncertainty too. He was the first sitting US president to address a major crypto conference, after all.Bitcoin: BTC has corrected 23% since the January ATH, but it is still outperforming every major global asset class. As the Fed rates remained unchanged, Bitcoin went up to $87K, only to retrace to $85K after the announcement. Strategy is raising another $500M through preferred stock, to buy more Bitcoin. The stock will offer investors a fixed annual dividend of 10%, which is much better than Coinbase's verified DEFI pools. Just saying it. And we have it, as the SEC has said that Proof of Work mining doesn't fall under federal securities laws. Bitcoin's volatility just hit a 6-month high at 3.6%, most probably as Trump has been involved in this economic uncertainty too. He was the first sitting US president to address a major crypto conference, after all.

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heruvim1978
· 7 days ago
When you're in survival mode, you numb yourself! (weekly crypto updates)

What happened in crypto the past 2 weeks? Trump is an agent of Chaos on the crypto market. ETH is bleeding and SOL is having trouble. What else? Read below:Bitcoin: The President of El Salvador has vowed to keep accumulating BTC despite the growing pressure from the IMF to stop him from investing in the cryptocurrency. The country has now 6101 BTC worth $530M. Blockstream, the Bitcoin development firm co-founded by Adam Back, is set to launch three new investment firms, two of them focused on crypto lending. The Swiss Central Bank has dismissed the idea of incorporating Bitcoin into its reserves. Bank of Korea has ruled out incorporating BTC into its foreign exchange reserves, citing the inherent volatility. Mt. Gox transferred over $1.2B in BTC ahead of its October Repayment deadline. Mining stocks lost 22% of their market value in February alone. A famous BTC tool declared that $69K is the Bitcoin's eternal price floor.Bitcoin: The President of El Salvador has vowed to keep accumulating BTC despite the growing pressure from the IMF to stop him from investing in the cryptocurrency. The country has now 6101 BTC worth $530M. Blockstream, the Bitcoin development firm co-founded by Adam Back, is set to launch three new investment firms, two of them focused on crypto lending. The Swiss Central Bank has dismissed the idea of incorporating Bitcoin into its reserves. Bank of Korea has ruled out incorporating BTC into its foreign exchange reserves, citing the inherent volatility. Mt. Gox transferred over $1.2B in BTC ahead of its October Repayment deadline. Mining stocks lost 22% of their market value in February alone. A famous BTC tool declared that $69K is the Bitcoin's eternal price floor.

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