Сrypto enthusiast traveler https://debank.com/profile/0x3150bdcda1b41e0f2a550955839f6b2c723ad0b7
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Top countries with the largest amount of BTC 🏆 ▪️ USA – 198,012 BTC ($24.6B) ▪️ China – 194,000 BTC ($24.1B) ▪️ United Kingdom – 61,245 BTC ($7.6B) ▪️ Ukraine – 46,351 BTC ($5.7B) ▪️ Bhutan – 11,286 BTC ($1.4B) Just look at the gap between the 6th and 7th countries. Madness 👀
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@katecrypto Smart money is buying ETH fear, I think it's time to pump. ETH has gone through all the stages from denial to acceptance. Specifically, Trump's company is greedily buying ETH, so far everyone is afraid. It's time for ETH to shoot up to $5000. But there is a problem, SOL ETF and XRP ETF will be approved soon. I think ETF flows into ETH will slow down at the moment, since SOL and XRP will take over the main traffic. At this point, SOL may flip ETH in capitalization on the back of this news. ETH will grow if the key rate starts to decline, since in the current conditions, staking 3.3% is not so profitable for investors + ETH volatility risks. It is easier for institutions to buy treasuries and sit on dollars. P.S. All that remains is to wait, nothing can be done. All we can do in crypto is wait.
BITCOIN CAN NOT ONLY SOAR THREE TIMES IN A FEW MONTHS, BUT ALSO CRASH BY 80% IN A FEW HOURS! I just want to remind those who may have forgotten due to the rise in price: Bitcoin can fall just as quickly as it can rise. For example, in April 2013, it fell 5 times: from 269 to 51 dollars. Reasons: 1) the rapid rise in price from 13 to 269 dollars should have ended in a correction 2) The largest crypto exchange at that time, MtGox, collapsed 3) Fear and panic due to the collapse of MTgox provoked a sales snowball Despite this, Bitcoin did not die, but even recovered and rose to $1,000 at the end of 2013. This crash taught me a lot, including the following: - Volatility is the price of the crypto market opportunity. - Do not blindly trust centralized exchanges. - Safety matters. - Resilience, confidence and patience win in cryptocurrency Could something like this happen again now?
🤨 Tether problems again? Consumers Research ( https://cointelegraph.com/news/consumer-watchdog-group-issues-warning-tether-transparency ) criticized Tether for the lack of transparency of dollar reserves. It also mentioned that Tether does not have a full audit of reserves. ✏️ S&P Global rating agency gave Tether a stability rating of 4/5, when 5 is the worst indicator. After so many fads with Tether, nothing surprises you anymore 🤷