Strate𝔾 Update - Week 17 | Q2 | 2024
Realized HODL ratio shows $220k is not a dream
Please note that while I can provide information and insights based on my knowledge, it's important to remember that I cannot offer specific financial advice. #nfa
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News of this week
Republic First Bank is officially collapsing and being seized by regulators.
BlackRock and Fidelity currently hold 428,108 bitcoins valued at over $27 billion for their spot Bitcoin ETFs.
The SEC is anticipated to deny a spot Ethereum ETF next month.
Hong Kong's Bitcoin and Ethereum ETFs have been officially approved to commence trading on April 30th.
Tesla has disclosed that none of its $711 million worth of Bitcoin was sold in Q1 2024.
BRICS is exploring the creation of a cryptocurrency stablecoin for global trade settlements.
Pro-Bitcoin presidential candidate RFK Jr. pledges to "put the entire US budget on blockchain" if elected in 2024.
Venezuela is set to utilize cryptocurrency for oil sales.
Multiple SEC lawyers have resigned following a federal judge's sanction of the agency for false statements and abuse of power in a crypto case.
The United Arab Emirates leads the Middle East in crypto adoption, with 72% of local users investing in Bitcoin.
Russia and China have nearly ceased using the US Dollar for mutual trade, as stated by the Foreign Minister.
Tweet of this week —> “Japan's bonds and currency are crashing again. Right on track towards hyperinflation. These are eye-watering and historic moves.”
Current status 100% Winning strategy: 🔵—> ALL-IN
Updated chart: