Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[LFC_Bitcoin]

It’s the year 2040……


‘Tell me more about how you HODLED through multiple bear markets & continued to stack sats, I love that story. I feel so lucky to be
with a whole coiner’

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Lucius]

I know they blocked everything from crypto's before not allowing transfers incoming from exchanges etc
Its the classic first they laugh/ignore you, now they join you situation.

Your link is behind a pay wall

It sounds like they only want to earn from Bitcoin buyers, so I'm curious if they're still not allowing transfers from exchanges. Large corporations taking control of people's private keys and selling them "an account" isn't really the kind of adoption I was hoping for.

Banks have no morals, they do anything to earn more money. Remember the massive fines for facilitating money laundering (not related to crypto)? They only started checking more because they got fined.

Anyone who believes that banks want Bitcoin because of what it represents in its core idea is either crazy or doesn't understand how the system works. Banks were created so that a very narrow group of people could control everyone else and make extra profits - and even today we see that politics and banks are two wings of the same body.

In addition, as you say, they are the biggest money launderers in the world, and on the other hand, I believe that banks are among the biggest sponsors of attacks on Bitcoin, whether it is that BTC mining causes climate change, or that it consumes too much electricity, so we will remain in the dark - and of course only criminals, terrorists and generally those who want to hide something work with BTC.

When they didn't manage to destroy the whole thing or marginalize it enough to slowly disappear in the wasteland of the internet, they decided on another tactic. The goal is obviously to profit from BTC as much as possible, while at the same time moving as many people away from the idea that it is the currency they should use.

Is it realistic to speculate that by the end of this decade maybe even 50% of all BTC will be in the possession of various ETFs, individuals like Saylor and others like him and maybe even central banks? Someone may not see too much of a problem in this, but since BTC spot ETFs were approved in the US, large companies like BlackRock have become very interested in BTC mining companies in which they have already acquired significant stakes.

I'm just curious if all this is purely for profit, or if there's an idea behind it to try to centralize Bitcoin to some extent. It should not be forgotten that BlackRock once announced that in the case of a hard fork, they reserve the right to follow the chain they consider better, not necessarily the one chosen by the majority of the community.

[OutOfMemory]

Looks we pump against local resistance ($107.8k)  
When Omega?

EDIT: About 500 BTC to buy (390 on Binance only) to crush it. Maybe later?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Ambatman]

What a Beautiful Field......

[hypebrother]

SHAH-256 broken by that fine field

[cAPSLOCK]

So... Did Mr Galaxy brain figure it out somewhere along the way?

Prob not... But hopefully

[vapourminer]

Explanation
Chartbuddy thanks talkimg.com

lolwut


we are poor now

[philipma1957]

so 109.3k and buddy turns off?

[OgNasty]

What a Beautiful Field......

What sort of grass is that?  It looks soft and well maintained.  They must have a great gardener.

Came in here to find out why we're massively pumping suddenly after not seeing any news to attribute it to...  The closest piece of news I can find points to Elon Musk possibly buying or maybe people buying because they think he's buying...  Usually when unexplained gains happen it is because a big piece of news is coming and we're seeing the action of insiders.  If that is the case, we might have to wait a bit to see what's so bullish.  Looking like we are going to make a run at the ATH sooner than later.

[bangjoe]

Just woke up from a fever that tortured me for 4 days.
Bitcoin on the exchange is getting thinner and waiting for a price explosion, today it was seen green, it's like a vitamin that helps me recover quickly from this damn disease.

Seeing green plants will make you feel calm and fresh, especially if you see the condition of Bitcoin which is always green.

[d_eddie]

What a Beautiful Field......

What sort of grass is that?  It looks soft and well maintained.  They must have a great gardener.

I'd love to have such a, hm, gardener.

Came in here to find out why we're massively pumping suddenly after not seeing any news to attribute it to...

The spikey pulse looks like a short squeeze, which still leaves the question open: admitting it is, why the squeeze?

EDIT - US jobs dropping, may that be it? Expecting some appropriate brrr?

[Paashaas]

Is this it, the anticipated pump to $150,000?

Let's go!

[bitcoinPsycho]

Is this it, the anticipated pump to $150,000?

Let's go!

Anything from $160000 to $275000

 

[ChocolateBitcoinK]

Tech Billionaires Launch Erebor Bank to Serve Bitcoin and Crypto Startups

A group of tech billionaires led by Palmer Luckey, co-founder of military contractor Anduril, are launching a U.S. bank named Erebor to serve startups, including Bitcoin and other crypto businesses, according to a Financial Times report.

The bank would be backed by tech investors including the Founder of Venture Capital Firm 8VC Joe Lonsdale, and the co-founder of Defence Group Palantir Peter Thiel’s, according to people familiar with the matter.

Erebor will be run by the CEO of Aer Compliance Owen Rapaport and co-CEOs Jacob Hirshman, who previously worked as an adviser at Circle, and the co-founder. The senior executive vice-president at New Jersey-based Valley National Bank Mike Hagedorn will serve as president.

“The bank will be a national bank… providing traditional banking products, as well as virtual currency-related products and services, for businesses and individuals,” according to the report.

Erebor’s target market would be companies in the U.S. innovation economy, such as those in digital currencies, artificial intelligence (AI), defence and manufacturing. It will also serve individuals who work for or invest in those companies, and non-U.S. businesses seeking access to the U.S. banking system.

The bank founders aim to cover the gap that Silicon Valley Bank (SVB) left serving crypto businesses after it failed in March, 2023. Since then, many Bitcoin and crypto startups have struggled to get the same access to capital from traditional banks.

Erebor said in the filing it would “differentiate itself” by working with customers that “are not well served by traditional or disruptive financial institutions, in particular with respect to insufficient access to credit.”

https://bitcoinmagazine.com/news/tech-billionaires-launch-erebor-bank-to-serve-bitcoin-and-crypto-startups

[El duderino_]

Is this it, the anticipated pump to $150,000?

Let's go!

Please ser

[vapourminer]

Is this it, the anticipated pump to $150,000?

Let's go!

Please ser

very go, such please ser when

edit: ok.. even very moar such pleases

[danadc]

I think the best is yet to come, yesterday it was at $104k, today it has changed to $109k, not bad, this is BTC!

   -Standard Chartered analyst Geoff Kendrick expects new all-time highs driven by institutional treasury buying exceeding Q2's 245,000 BTC.
   - Unlike previous halving cycles, Bitcoin now has ETF support and treasury company buying that could prevent the typical 18-month post-halving price decline.
    -Bitcoin topped $109,000 on Wednesday for the first time in three weeks.

original from:https://decrypt.co/328160/bitcoin-best-second-half-year-standard-chartered


I also think this is going to be a great second quarter of the year, very productive, and, why not? A good ATH.

[jojo69]