Base On Top
Majors continue to rally as ETF sentiment improves. Genesis have likely sold half their GBTC position. BlackRock could flip GBTC holdings in 3 weeks. BTC short squeeze would liquidate $6.6bn by $75k. Lack of on-chain activity indicates ‘limited selling’. BTC crucial to the financial system: BlackRock. Resurging interest in crypto assets: Goldman Sachs. Crypto summer has started: Raoul Pal. Base outpaces SOL & ETH for trading volumes.
Majors continue to rally as ETF sentiment improves. Genesis have likely sold half their GBTC position. BlackRock could flip GBTC holdings in 3 weeks. BTC short squeeze would liquidate $6.6bn by $75k. Lack of on-chain activity indicates ‘limited selling’. BTC crucial to the financial system: BlackRock. Resurging interest in crypto assets: Goldman Sachs. Crypto summer has started: Raoul Pal. Base outpaces SOL & ETH for trading volumes.
