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Finance/Crypto Crypto Megathread v38 - BTC 100k watch. You got lucky and it's just a bubble!

Sold my NVO at a loss after that terrible report on GLP-1 drugs yesterday and leveled in on some more MSTR and then dropped the change in more PEPE
If that fucking frog ever hits a dollar I'm gonna be able to buy so many pitbulls! ❤️ 🐶❤️
 
What Id really like to see in hbar go under 20 cents
 

El Salvador to sell or discontinue its bitcoin wallet as part of IMF deal​


"El Salvador will sell or discontinue its bitcoin (BTC-USD) wallet Chivo as part of a new deal with the International Monetary Fund, an official said on Thursday.

El Salvador, the first country to make bitcoin (BTC-USD) legal tender, agreed to scale back on its bitcoin-related policies. Under the $1.4B loan deal, the nation will allow businesses to voluntarily accept bitcoin as a means of payment, while ensuring that taxes will continue to be paid exclusively in U.S. dollars, rather than in BTC.


For the public sector, participation in bitcoin-related activities, as well as transactions and purchases involving bitcoin, will be restricted, the IMF said in a statement."







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Just got a little Solana and Ada.

I have btc, Ada, and Solana. No eth yet. These are the only 4 I pay attention to.
 

El Salvador to sell or discontinue its bitcoin wallet as part of IMF deal​


"El Salvador will sell or discontinue its bitcoin (BTC-USD) wallet Chivo as part of a new deal with the International Monetary Fund, an official said on Thursday.

El Salvador, the first country to make bitcoin (BTC-USD) legal tender, agreed to scale back on its bitcoin-related policies. Under the $1.4B loan deal, the nation will allow businesses to voluntarily accept bitcoin as a means of payment, while ensuring that taxes will continue to be paid exclusively in U.S. dollars, rather than in BTC.


For the public sector, participation in bitcoin-related activities, as well as transactions and purchases involving bitcoin, will be restricted, the IMF said in a statement."







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They're still buying and holding it though.
 
They're still buying and holding it though.

Yeah, individuals and it can still be used for purchases, but as far the Government goes, it's plutonium.
 

Bitcoin ETFs Rise In Pre Market Despite Jerome Powell Says Fed Cannot Hold BTC: What's Going On?​


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"Bitcoin ETFs have shown an increase in premarket, even as Federal Reserve Chair Jerome Powell made it clear that the central bank has no plans to accumulate Bitcoin (CRYPTO: BTC).

What Happened: As per Benzinga Pro on Thursday, the Bitwise Bitcoin ETF (NYSE:BITB) saw a rise of 1.08%, ARK 21Shares Bitcoin ETF (BATS:ARKB) increased by 1.41%, Grayscale Bitcoin Trust (BTC) (NYSE:GBTC) climbed 1.32%, Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) advanced 1.04%, and iShares Bitcoin Trust ETF (NASDAQ:IBIT) gained 1.26%.


Powell, speaking after the Fed’s latest policy meeting, emphasized that the central bank is not allowed to own Bitcoin. He noted that any legal considerations about Bitcoin stockpiling would fall under Congress’s jurisdiction."




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Bitcoin ETFs Rise In Pre Market Despite Jerome Powell Says Fed Cannot Hold BTC: What's Going On?​


AA1w9xtP.img



"Bitcoin ETFs have shown an increase in premarket, even as Federal Reserve Chair Jerome Powell made it clear that the central bank has no plans to accumulate Bitcoin (CRYPTO: BTC).

What Happened: As per Benzinga Pro on Thursday, the Bitwise Bitcoin ETF (NYSE:BITB) saw a rise of 1.08%, ARK 21Shares Bitcoin ETF (BATS:ARKB) increased by 1.41%, Grayscale Bitcoin Trust (BTC) (NYSE:GBTC) climbed 1.32%, Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) advanced 1.04%, and iShares Bitcoin Trust ETF (NASDAQ:IBIT) gained 1.26%.


Powell, speaking after the Fed’s latest policy meeting, emphasized that the central bank is not allowed to own Bitcoin. He noted that any legal considerations about Bitcoin stockpiling would fall under Congress’s jurisdiction."




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The Fed was never going to hold BTC in the first place. It's not like they would be the custodian.

Besides Donny would have Congress ram through any legislation for it anyway
 
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