Kroll’s Post

NEW EPISODE !! - #Bitcoin Daily Bitcoin just experienced its worst week since the FTX collapse in November 2022. So, is the bull market over? Or perhaps it hasn’t even begun? Today, regardless of the short-term price fluctuations, we view Bitcoin as a call option for continued global destabilization, de-dollarization, and the redistribution of wealth from younger to older generations. It’s time to stay calm and keep stacking.

Not long ago, many commentators had written off crypto, seeing the enormous mess around Sam Bankman-Fried and his collapsed exchange FTX as finally finishing its credibility. Now, though, after a turbulent 2023 there has been a huge rally in cryptocurrencies in general and Bitcoin in particular. Just last week a new raft of Bitcoin spot ETFs were approved by the SEC - is that what’s lying behind this rally? And what does it mean for comms professionals? Here’s our blog: https://lnkd.in/dJn4Ppim #fincom #FincomAlliance #crypto #Bitcoin #investing

Measured from the $73k ATH, #Bitcoin prices corrected by -20.3%, which is the deepest correction on a closing basis since the FTX lows in Nov-2022. That said, this macro uptrend still appears to be one of the more resilient in history, with comparatively shallow corrections thus far. Discover more in the latest Week On-Chain below 👇 https://glassno.de/3y6TJMT

Some Bitcoin holders are way too complacent with Bitcoin's dependency on custodial tools. And it shows. We can't afford another FTX. Or another Celsius. Self-custody and use non-custodial financial tools. #SoundFinance for Sound Money.

What Happened a Year Following the Fall of FTX? 🌋 Significant changes. Some positive, some negative. Here’s a snapshot 📷 🕰Time will tell how the crypto landscape continues to evolve, but one thing is certain: it will be an unpredictable journey. #cryptoexchange #cryptotradingplatform #cryptocurrencyexchange #koinbaycryptocurrencyexchange #koinbaytradingplatform #koinbayexchange

The #bitcoin halving is upon us and Bitcoin Magazine and Kraken Digital Asset Exchange have you covered! We're counting down the 21 blocks prior to block 840,000 and commemorating each block with a top moment from the epoch. A sneak peak into our set!

#Bitcoin's new high at $47k triggers short position liquidations, resulting in $208.37 million in losses for over 60k traders within 24 hours. Fear and Greed Index at 76 signals 'Extreme Greed.' The crypto community watches as the #SEC's Wednesday decision on Bitcoin spot #ETFs approaches. Experts are divided on potential outcomes, with optimism for industry confidence or skepticism due to regulatory hurdles. Read full story: https://lnkd.in/g4TUvPv3

CoinLedger platform conducted a study and found that in 2023, each crypto investor received an average of $887.60 in realized profits. Meanwhile, in the bearish year of 2022, the average investor lost over $7000 (hello from FTX and Terra). It is worth noting that the data is based on the analysis of a database of 500,000 crypto investors, mainly from the USA.

Over the last year, crypto markets have seen: 1. Collapse of FTX, largest fraud in recent history 2. Collapse of regional banking system 3. $2 trillion bear market, its largest in history 4. Multiple crypto lender bankruptcies 5.Over 500 lawsuits and regulation cases 6. Binance fined a record $4.3 billion by US regulators 7. Increased calls for regulation around the globe Yet, Bitcoin is up 165% this year and just hit $45000. This market is incredibly resilient. #bitcoin #assetclass #facts