- BTC is facing a massive supply from Mt. Gox and German authorities, says Marathon CEO
- The executive viewed Trump as pro-Bitcoin but advocated a bi-partisan approach to crypto issues.
Former U.S., president Donald Trump continues to gain support from the crypto community. Inasmuch, Bitcoin [BTC] miner Marathon Digital CEO Fred Thiel has become the latest executive to back Trump.
In a recent interview with Yahoo Finance, Thiel said,
“Former president Trump has positioned himself as the candidate that’s pro-Bitcoin. He believes that all Bitcoin should be mined in the US and has been open to Bitcoin miners and people in the space’
On the contrary, Thiel noted that Biden’s administration has been very ‘hostile’ to Bitcoin through various agencies like the SEC.
55 million BTC voters at stake
However, Thiel added that Biden’s administration has been backing down from its hostility after realizing a large voting block was at stake. The executive said,
‘I’m sensing thawing of the cold from Biden’s administration as they realize there are 55 million voters in this country who care about crypto.’
The executive further urged both sides to embrace issues related to Bitcoin and crypto.
Several crypto figures have endorsed Trump. Last week, asset manager Ark Invest’s CEO, Cathie Wood, backed Trump as pro-business.
“I am a voter when it comes to economics. And on that basis, Trump’
When asked about current BTC price action after slipping below $60K, Thiel mentioned many factors impacting the largest digital asset.
From macro expectations to selling from German authorities, BTC miners, and Mt. Gox repayments, Thiel added,
“What we’re seeing right now is a lot of supply in the market and $1.2 billion outflows from the ETFs.’
The executive mentioned $57K as a key support level and $68K and $69K as key hurdles for BTC to clear. During the Monday intraday trading session, BTC dropped to $58.4K before reclaiming $60K.
Despite the upcoming fears about Mt. Gox repayments, QCP Capital analysts suggested the update could have less impact based on option market data.
‘We see little activity in the July options market, suggesting the market is not anticipating volatility around the distribution itself’
Additionally, most market liquidity was on the upside on the weekly charts, especially at $64K, underscoring a move toward the cluster (orange) could be possible.
Source: Coinglass
- BTC is facing a massive supply from Mt. Gox and German authorities, says Marathon CEO
- The executive viewed Trump as pro-Bitcoin but advocated a bi-partisan approach to crypto issues.
Former U.S., president Donald Trump continues to gain support from the crypto community. Inasmuch, Bitcoin [BTC] miner Marathon Digital CEO Fred Thiel has become the latest executive to back Trump.
In a recent interview with Yahoo Finance, Thiel said,
“Former president Trump has positioned himself as the candidate that’s pro-Bitcoin. He believes that all Bitcoin should be mined in the US and has been open to Bitcoin miners and people in the space’
On the contrary, Thiel noted that Biden’s administration has been very ‘hostile’ to Bitcoin through various agencies like the SEC.
55 million BTC voters at stake
However, Thiel added that Biden’s administration has been backing down from its hostility after realizing a large voting block was at stake. The executive said,
‘I’m sensing thawing of the cold from Biden’s administration as they realize there are 55 million voters in this country who care about crypto.’
The executive further urged both sides to embrace issues related to Bitcoin and crypto.
Several crypto figures have endorsed Trump. Last week, asset manager Ark Invest’s CEO, Cathie Wood, backed Trump as pro-business.
“I am a voter when it comes to economics. And on that basis, Trump’
When asked about current BTC price action after slipping below $60K, Thiel mentioned many factors impacting the largest digital asset.
From macro expectations to selling from German authorities, BTC miners, and Mt. Gox repayments, Thiel added,
“What we’re seeing right now is a lot of supply in the market and $1.2 billion outflows from the ETFs.’
The executive mentioned $57K as a key support level and $68K and $69K as key hurdles for BTC to clear. During the Monday intraday trading session, BTC dropped to $58.4K before reclaiming $60K.
Despite the upcoming fears about Mt. Gox repayments, QCP Capital analysts suggested the update could have less impact based on option market data.
‘We see little activity in the July options market, suggesting the market is not anticipating volatility around the distribution itself’
Additionally, most market liquidity was on the upside on the weekly charts, especially at $64K, underscoring a move toward the cluster (orange) could be possible.
Source: Coinglass
can you buy generic clomid prices cost of generic clomid without rx where can i buy generic clomid without dr prescription where can i buy cheap clomiphene without dr prescription generic clomiphene 100mg c10m1d where to buy clomid tablets can i purchase generic clomid without a prescription
More articles like this would pretence of the blogosphere richer.
The depth in this piece is exceptional.
azithromycin 500mg generic – where to buy metronidazole without a prescription flagyl 200mg without prescription
purchase rybelsus – buy periactin 4mg generic buy periactin 4 mg online cheap
buy domperidone online cheap – buy tetracycline pills buy cyclobenzaprine 15mg pills
inderal 10mg cheap – buy inderal 20mg without prescription buy methotrexate generic
buy augmentin sale – https://atbioinfo.com/ cheap acillin
buy nexium 40mg generic – https://anexamate.com/ buy esomeprazole capsules
warfarin 5mg brand – https://coumamide.com/ order losartan pills
prednisone tablet – https://apreplson.com/ prednisone 20mg for sale
buy ed pills for sale – fastedtotake.com male ed pills
buy cheap amoxicillin – https://combamoxi.com/ buy generic amoxicillin
diflucan 200mg tablet – buy fluconazole 100mg pills order fluconazole 100mg generic
order escitalopram 20mg generic – https://escitapro.com/ order escitalopram generic
cenforce order – site purchase cenforce generic
typical cialis prescription strength – https://ciltadgn.com/ how long does it take cialis to start working
ordering tadalafil online – https://strongtadafl.com/ cialis drug interactions
buy cheap ranitidine – order ranitidine 150mg pill buy ranitidine no prescription
Greetings! Extremely gainful suggestion within this article! It’s the scarcely changes which will turn the largest changes. Thanks a quantity for sharing! online
50 mg of viagra – order viagra from mexico buy cialis vs viagra
This is the gentle of writing I in fact appreciate. https://buyfastonl.com/gabapentin.html
More articles like this would remedy the blogosphere richer. https://ursxdol.com/synthroid-available-online/
This website really has all of the information and facts I needed there this subject and didn’t identify who to ask. https://prohnrg.com/product/acyclovir-pills/
Palatable blog you have here.. It’s hard to espy strong status script like yours these days. I truly appreciate individuals like you! Rent guardianship!! online
I am in point of fact enchant‚e ‘ to gleam at this blog posts which consists of tons of useful facts, thanks towards providing such data. https://ondactone.com/spironolactone/
This is the compassionate of criticism I truly appreciate.
buy imitrex 25mg generic
Thanks an eye to sharing. It’s acme quality. https://lzdsxxb.com/home.php?mod=space&uid=5065823