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Crypto Beginner Gal
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$ETH
Whale Just Scooped $314,000,000 During the Dip today.
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Crypto Beginner Gal
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BIG BANK JUST OPENED THE DOORS TO CRYPTO Bank of America -- one of the largest banks in the U.S. with nearly $2.9 trillion in assets under management -- is now telling its wealth clients they can allocate up to 4% of their portfolio into crypto. That’s not small-time financial advising. That’s near-magnet-level capital being told “crypto is okay.” When a behemoth like Bank of America gives the go-ahead for high-net-worth money to flow into crypto... it’s not a ripple. It’s a new tide rising. More allocators -> deeper liquidity -> more institutional ballast -> less chance of freak swings, more structural stability. The “crypto is fringe” mindset just lost another wall. Buckle up. This could quietly reshape demand behind the scenes. 🏦 🔥
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you think $DCR is getting lower? 🤧
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any advices? 🥹
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MICHAEL SAYLOR, YOU'RE A DEGEN LIKE US: MicroStrategy's market cap is now worth $10 billion LESS than their Bitcoin holdings. MicroStrategy is down -12% today and -57% since October 6th. This puts the company's market cap at $45 billion. Meanwhile, MicroStrategy holds 650,000 Bitcoin worth $55 billion. In other words, MicroStrategy's market cap is now trading $10 billion BELOW the value of their Bitcoin holdings. Even if you subtract MicroStrategy's current debt pile of $8.2 billion from their current Bitcoin holdings, they still hold $46.8 billion worth of Bitcoin on a NET basis. MicroStrategy's NET Bitcoin holdings are still $1.8 billion ABOVE their current market cap, not including any cash on their balance sheet. Can Saylor keep buying?
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Not leaving my basement until $ICP hits $44 RIDE OR DIE WITH $ICP
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