Hello crypto fans
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Normal bull market model. Adam Beck, CEO of Blockstream, notes that previous bull markets were also accompanied by drawdowns of 30% or more. Adam calls the current situation a normal bull market model and calls for buying back at the drawdown. Is anyone averaging out?
Crypto events June-July 2024
Sales to Germany are cancelled. According to Lookonchain, crypto exchanges returned 3,000 BTC to the German government. This means that the sales potential will decrease slightly, which has a positive impact on the crypto market. Meanwhile, Bitcoin is trying to gain a foothold above $57,500 📈
This morning, VanEck filed to form Solana Trust on Form S-1 with the U.S. Securities and Exchange Commission.