TheLordOfCoins

Bitcoin - continued growth as long as it stays above $68.6k. The price is trading above its 20 and 50 MA. MACD is overbought, and the price increase is accompanied by rising open interest (bullish signal), likely continuation of the rise to the 71-72.5K zone. An alternative scenario of a break below and consolidation below $68.6K would open the way to the 66K area.
$BTC

Solana demonstrates resilience after a major hack of Drift Protocol, and the Alpenglow consensus update and developer activity create long-term bullish potential. Institutional flows, similar to the inflows in BTC and growing interest in ETH, indicate a return of trust to Layer 1.
$SOL

Robert Kiyosaki, the author of "Rich Dad Poor Dad," has once again expressed support for Bitcoin and gold, emphasizing their importance amid economic changes reminiscent of the events of 1974. He believes that investors should prepare for potential crises and consider cryptocurrencies and precious metals as protection against inflation and market instability. Kiyosaki urges people not to rely solely on traditional financial instruments but to actively include alternative assets in their portfolios. His opinion reflects the growing interest in cryptocurrencies and gold as means of preserving ca

If you were Michael Saylor, you would also write that… "Bitcoin has already won. The global consensus has been formed. $BTC has become digital capital. The four-year cycle no longer works. Now, the price is determined by capital flows, not halvings. The banking system and digital credit will set the growth trajectory for Bitcoin. The main risk is not the market, but bad ideas that could lead to harmful protocol changes." Currently, Strategy has -$6.2 billion in unrealized losses. The position is significantly below the purchase price.
#BTC Price Analysis# #Macro Insights#

#ETH
Large ETH Purchase via FalconX An unknown wallet bought ETH worth $82 million through FalconX. There are speculations that it may be connected to Bitmine.
$ETH

Bitcoin could face a risk of liquidating short positions worth $2.5 billion if its price reaches $72,000. This poses a threat to market bears. If interest in Bitcoin ETFs increases, the cryptocurrency's price could rise, leading to forced liquidation of short positions. Analysts note that the current market conditions could trigger significant fluctuations. Investors should closely monitor changes in demand for Bitcoin and their impact on market positions.
💬 Comment: It's not popular to talk about liquidation amounts below 60K, there are definitely not less
$BTC

Iran: The Strait of Hormuz will not be opened; we have not conducted any negotiations.
According to market sources, the Iranian parliament stated that the Strait of Hormuz will not be opened, and we have not engaged in any negotiations and will not do so in the future.
‍$BTC

Ethereum has introduced the concept of the "Ethereum Economic Zone" (EEZ), aimed at unifying fragmented rollup technologies and restoring a single Ethereum ecosystem. This initiative is focused on improving interoperability between different scaling layers, which should enhance efficiency and reduce transaction costs. Developers believe that creating a unified infrastructure will help attract more users and investments, as well as strengthen Ethereum's position in the market. The EEZ could become a key step toward improving the network's functionality and accessibility, which is vital for its

💰 Bitmine purchased over 71,000 ETH in the past week, spending approximately $147 million on these acquisitions. This marked the company's largest purchase week of the year. The increase in ETH reserves may indicate Bitmine's strategy to expand its assets amid growing interest in cryptocurrencies. Experts note that such investments could strengthen the company's market position and enhance its competitiveness in the crypto industry.
$BTC $ETH
#news