Bitcoin is still tracking global M2 with a ~70-day lag.
Two scenarios: dislocate from global M2 thanks to BTC-native buy side, or continue following it into a deep mid-cycle correction. Source: Joe Consorti, Bloomberg
Bitcoin Policy Institute drafts Executive Order for Strategic
Bitcoin Reserve for Trump to sign on Day 1 🚀
Bitcoin’s current token distribution:
57% Individuals 17.6% Lost 6.6% Not mined yet 5.2% Satoshi Wallet 3.9% ETFs 3.6% Companies 3.4% Miners 2.7% Governments Source: Cory Bates on X
🚨 ALERT: $2.14 BILLION worth of Bitcoin shorts face liquidation if $BTC reaches $111,111.
Source: cointelegraph.com
JUST IN: MICHAEL SAYLOR AND MICROSTRATEGY $MSTR BOUGHT 15,350 MORE BITCOIN $BTC
MicroStrategy spent ~$1.5 billion to buy the 15,350 at an average price of ~$100,386 per Bitcoin, boosting total holdings to 439,000. $MSTR 📈 +3.50% in pre-market. Source: Michael Saylor Tracker
TEXAS GOES ALL IN ON BITCOIN WITH STATE RESERVE PLAN!
Texas just made a bold crypto power move! State Rep. Giovanni Capriglione has filed a bill to create a Strategic Bitcoin Reserve, setting the stage for Texas to lead the Bitcoin revolution. This is a visionary step toward making Texas the ultimate Bitcoin hub. Source: Watcher Guru, @VoteGiovanni thru Mario Nawfal
Bloomberg says a Bitcoin $BTC Reserve would be the biggest Crypto Scam yet
🚨 Do you agree? 🤔 Source: Barchart
Binance Founder CZ says the UAE already has Bitcoin in reserves, and its inevitable for Hong Kong to buy BTC
Source: Vivek
