THE MARKET FLIPPED! IF YOU DID THIS YOU SHOULD PROBABLY GET OUT!

Market Update

• Bitcoin is bouncing back after falling to $89,000, currently at $93,600
• Crypto market is volatile, with $640 million worth of longs liquidated and $206 million worth of shorts
• Institutions are buying up Bitcoin, with Micro Strategy acquiring 2,530 Bitcoin and companies like BlackRock showing interest

Institutional Adoption

• J.P. Morgan says Bitcoin is becoming a structurally important part of portfolios
• Micro Strategy has acquired 33% of all new Bitcoin over the last 4.5 years
• Companies like Scientific and Micro Strategy are buying up large amounts of Bitcoin

Regulatory Environment

• Trump administration is expected to issue executive orders on crypto, including debanking and repeal of controversial crypto accounting policy
• Change in accounting rules makes it easier for companies to show Bitcoin on their balance sheet

Adoption and Growth

• Crypto adoption is outpacing the internet and mobile phones, with 300 million users achieved in 12 years
• BlackRock says Bitcoin and crypto adoption is growing rapidly
• Italy's largest bank, Intesa Sanpaolo, has started buying Bitcoin

Other News

• Tether is relocating to El Salvador and securing a DASP license
• Record high amounts of cash on the sidelines, with $7 trillion in money market assets
• Bitcoin could continue to grow as people lose trust in governments and large companies