Bitcoin’s volatile swing, adoption, BTC vs Mastercard/VISA, USD purchasing power falling

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin jumped up to $71,789 and then dropped to $68,389, and is now hanging around $68,500. Lots of shorts and longs got rekt (see below). Bitcoin seems to be struggling to hold the $69K level; if it does, how high will it go? #HODL

Around 50% of 24-hour short AND long positions were wiped out in the past 4 hours! Meanwhile, HODLers are chilling with their #Bitcoin in cold storage 🔑😎. POST: https://twitter.com/SimplyBitcoinTV/status/1773009950307999951

Bitcoin today - around 50% of 24-hour short AND long positions were wiped out in the past 4 hours! Meanwhile, HODLers are chilling with their #Bitcoin in cold storage

ADOPTION:

JUST IN: Rumour that Morgan Stanley will approve #Bitcoin ETFs on their platform in the next 2 weeks are getting stronger. Early this month Morgan Stanley filed with the SEC that 12 of their funds may buy Bitcoin ETFs. Morgan Stanley has $1.5 Trillion in assets under management. POST: https://twitter.com/BTC_Archive/status/1772978686133768479

UNDERSTANDING BITCOIN:

Preston Pysh: You can’t understand Bitcoin until you deeply understand the problem it’s solving. POST: https://twitter.com/PrestonPysh/status/1773025760875262093

BITCOIN VS MASTERCARD AND VISA:

Businesses that study #Bitcoin will save a fortune overtime. Why give mastercard or visa a cut when you no longer have to? POST: https://twitter.com/AjayHernandez1/status/1773032500614295914

Businesses that study #Bitcoin will save a fortune overtime. Why give mastercard or visa a cut when you no longer have to?

SEC VS COINBASE:

LATEST‼️ - Coinbase takes a hit in its ongoing legal proceedings with the SEC: "The Court finds that the SEC adequately alleges that Coinbase, through its Staking Program, engaged in the unregistered offer and sale of securities.” POST: https://twitter.com/Swan/status/1773026292893450268

Coinbase takes a hit in its ongoing legal proceedings with the SEC:

A ton of Cocoa is now worth more than a ton of Copper. What the heck is going on? 🚨. POST: https://twitter.com/WallStreetSilv/status/1772964287788535842

A ton of Cocoa is now worth more than a ton of Copper. What the heck is going on?