Usually on Sundays I am very alert, minding my business. The first one of March caught off guard. I was so tired so I went back to sleep around 9 to catch up a little.
By the time I was up, I saw crypto flying way high. I have to say there will be something that push crypto to embrace green candles seamlessly.
I could not understand why $BTC was losing its sense when everyone is saying "We are heading to $250K this year.
Just count the days we have 9 full months ahead of us. A lot need to happen to see that price check. Sunday may not be a day you would think about crypto. I guess if you are a crypto maximalist, you want to hear only crypto news (8 days) a week.
The news for POTUS to push for a crypto reserve has been well received. The whole world finds reason to accumulate and put everything back in place for crypto.
If you sell during the bloodbath, I hope you went back in on time cause it seems $BTC alone captured 10% gain so far. It is a little surprised to see #ada, #solana will be part of the reserve. Not so much for $XRP. It is clear what their intention is.
RESILIENCE..
It plays a huge role how we adopt cryptocurrency these days. Hearing the #hack that happen where $1.5 billion lost. I do have some #ether but I did not sell. It is always something else that cause the loss. It is not directly connected to the blockchain itself.
Crypto has built a strong foundation of users, investors, and institutions that believe in its long-term potential. Companies, governments, and individuals continue to adopt blockchain technology for financial and technological solution.
Lately many companies are implementing the MicroStrategy rule. Just understanding that plan bring more fundamental aspect to crypto.
Now you would think the hack will blow everything off the water. Actually the hackers are finding way to swap the tokens.
It shows everyone see what is happening but we need better guidelines to go against such intrepid action.
REGULATIONS
It is a piece worth noticing that regulations need to step forward. While we are maturing to understand the value of crypto, it is necessary to fight heads on the bad actors. First find where they are and go after them. Is it easy to do?
Each major hack leads to improved security measures in blockchain technology and exchanges.
Decentralized Finance (DeFi) and Layer 2 solutions continue to evolve, making transactions safer and faster.
The story of EL Salvador, a tiny country, has been a blessing for them. I think more country will step in when BTC reaches $200k. You know what will happen then. Volatility will be lower. Price movement could reflect gold price changes, giving BTC a clear advantage to reach new high.
The US stands to start a trend that will help folks with crypto to find a place to engage.
This is the party many countries want to be a part of. Having clear regulations, promote crypto business, allow transactions to accept its use case like #stablecoins.
Earlier I was trying to pay with crypto. I could do it but there were some hiccups on the way. I know it is coming and surely within the next 4 years, crypto will have a powerful positive vibe for mankind.
Despite hacks and security breaches, the cryptocurrency industry continues to evolve, strengthen security, and gain mainstream adoption. Its core value proposition—decentralization, financial inclusion, and technological innovation—keeps it growing, even in the face of major attacks.
It reminds me of what used to happen to the banks when they move money. There will always have bad actors trying to derail crypto. Nonetheless your interaction with technology should have the same footprint in crypto.
One thing is sure stay ahead and protect yourself.
Posted Using INLEO