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VirtualBacon0x
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Every time I see crypto twitter go max bullish or bearish, I zoom out. The herd’s usually loudest right before they’re wrong.
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Everyone says they’ll buy the dip until the dip actually shows up.
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Which altcoin category will run next?
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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸GameStop buys 4,710 BTC for its treasury, joining Strategy and Metaplanet. Purchase estimated at $513M based on current BTC prices. 🔸Metaplanet raises $50M via zero-interest bonds to buy more BTC. Its holdings now total 7,800 BTC, aiming for 10,000 by end of 2025. 🔸US spot Bitcoin ETFs saw $5.77B in May inflows, their best month since November, driven by strong demand and BTC’s record highs. 🔸Pakistan is forming a government-led Bitcoin reserve and plans to mine BTC using 2,000 MW of power. 🔸IMF approves $120M for El Salvador under deal limiting Bitcoin use but country continues BTC buys via Bitcoin Office. 🌟Highlights 🔸The SEC has begun reviewing WisdomTree's proposed spot XRP ETF, a first for the US, with a decision expected within 240 days. 🔸BlackRock is joining Telegram’s $1.5B bond raise offering 9 percent yield and IPO discounts, alongside Citadel and Mubadala. 🔸Ripple told the SEC that fungible cryptos in secondary sales are not securities, citing legal precedent and a recent court ruling. 🔸VP JD Vance says Trump admin will fire anti-crypto regulators and push for clear rules to keep crypto industry from moving offshore. 🔸US crypto czar David Sacks says the government could buy more Bitcoin if it can be funded without new taxes or increasing debt.
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You don’t need 20 alt positions to make it. You need 2–3 good ones, solid risk management, and a plan for exits. That’s it.
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