Meanwhile, for the second scenario, the real resistance is around the price of 104,418 and the real support is around 90,906. This is the inside day that we are currently forming (on the daily time frame), which is a consolidation pattern. On top of that, we have the parallel channel. Right now, it is time for scalping and observation, until we break one of them. Which will consecrate the next BIG move. 🚀 $BTC
🔥 JUSTIN SUN: While the downtime of $SOL is manageable, a downtime of $BTC , even for a day, would cause panic. His take? Keep#Bitcoinas is for stability reasons.
It posts a fake $ADASOL token and a thread explaining its purpose.
As well as a false disclosure of an SEC lawsuit against the company.
"In light of this unexpected legal action, we have made the difficult decision to immediately cease all support for $ADA to ensure compliance with regulatory requirements."
🔥 SAYLOR: “Sell all US gold, buy Bitcoin and then trade will be free. You will demonetize the entire gold asset class and our enemies will hold gold in their banks. Their assets will go to zero, our assets will reach $100 trillion and we will control the global capital reserve network.”
🚨 The Financial Times is publicly apologizing to its readers for 14 years of negative coverage of cryptocurrencies.
“We’re sorry if at any point in the last 14 years you chose based on our coverage not to buy something that’s gone up in numbers. It’s cool when numbers go up. And we’re sorry if you misinterpreted our crypto cynicism as a statement of support for traditional finance, because we hate that too.”
🇺🇸 The state of Florida has a strong chance of creating a strategic Bitcoin reserve during the next legislative session in the first quarter of 2025.
According to Samuel Armes, president of the Florida Blockchain Business Association (FBBA).
“Florida has already invested in Bitcoin and crypto-related assets through our pension fund.”
Armes suggests allocating just 1% of Florida’s $185.7 billion pension fund, which would amount to $1.857 billion.
Armes also proposed using Florida’s $116.5 billion budget surplus from the 2024-25 fiscal year to invest in Bitcoin.
“Florida often runs a budget surplus because we have a very well-run state.”
“To invest even 1% of that surplus would be $1.16 billion.”
Florida already has $800 million in crypto-related investments, a number that could grow, according to Jimmy Patronis, the state's chief financial officer.
"Crypto is not going anywhere. It's not going to shrink. It's going to continue to grow, and I think we'd be fools if we're not prepared to do everything we can to exploit the opportunities there."