Today’s Nuggets
BTC Pierces $100K Yet Again
US Buying Bitcoin Scares Rivals
“Things are about to get Crazy!”
Malaysia Wants In!
The Repeal of SAB-121
New SEC to Kickstart Crypto Overhaul
High VIX, High Return
Oklahoma Strategic Bitcoin Reserve Bill
MSTR Investor Meeting Summary
FASB Impact on MSTR
This story is titled Chaos Imminent and the question is, are things about to get a bit nutty?
We had Bitcoin cross $100,000 for the sixth time over the past month. Senator Lummis is chiming in. We have some crazy Bitcoin predictions from people in the know, as well as a mathematical prediction of the Trump Effect.
We will look at the impact of FASB on MicroStrategy and what it means. The impact of $40 billion and a multiplier based solely off of the Bitcoin ETFs.
Bitcoin is up to $99,803 and went as high as $100,711. A lot of crypto is in the dark green as well:
Sol is up 8.5%;
ETH is up 6.5%; and
XRP is up nearly 12%. Some things still do not make sense in crypto.
The point is we have gone up ten thousand dollars since DCA on Monday, which is bonkers.
Volatility is vitality with Bitcoin.
This is where things get nutty.
Ten days ago, I shared this tweet from Bitcoin News, in which Cynthia Lummis thought Russia was already stacking Bitcoin. The arms race over Bitcoin instead of weapons would be very welcomed.
Wild times, as we just had this happen.
We will dissect exactly what the Oklahoma Strategic Business Reserve could mean with a multiplier effect. You will be stunned as to how much money these states have.
What exactly does she mean?
Senator Lummis is hinting at something bigger and knows what is happening in the United States.
She has the
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