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STRATEGY PURCHASES 430
$BTC
BETWEEN AUG 11 - AUG 17 AT AN AVERAGE OF $119,666 ($51.40M TOTAL)
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Morgan Stanley CIO Predicts New Bull Market Phase According to PANews, Morgan Stanley's Chief Information Officer recently stated that the market sell-off in April marked the final capitulation of the previous bear market, signaling the end of the downward cycle. The market has now entered a new bull phase, which has been underway for approximately four months. The CIO emphasized that a hallmark of a new bull market is shallow pullbacks, offering limited opportunities for investors to enter. Historically, bull markets tend to last at least one to two years, if not longer, indicating that the current market is still in its early stages. This assessment applies not only to traditional stock markets but also offers insights for the cryptocurrency market. With ongoing inflows from institutional and sovereign funds, core assets like Bitcoin and Ethereum are becoming primary allocation targets. If historical trends continue, this may just be the beginning of a crypto bull market. $BTC $FIO $BNB #bullish #AltcoinSeasonLoading
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SharpLink acquired 143,593 $ETH at $4,648 ($667.4M), bringing total holdings to 740,760 $ETH (~$3.44B). $BNB
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Google has increased its stake in $BTC miner TeraWulf to 14%, becoming the company’s largest shareholder. $BNB #MarketPullback
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#bullish Breaking: 🇹🇭 Thailand launches program allowing tourists to convert crypto to the local currency. $BNB $ETH
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Trump’s remarks come just days after his meeting with Russian President Vladimir Putin in Alaska. $TRUMP #TrumpPutin $BNB
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