We are few week way from the bitcoin Halving and the
king crypto has made some bullish market movement, which is quite tremendous as we saw the asset crossing the $50k market trading price. From which sector can this increase be attributed to, from analysis it was said that the recent market movement is cause by institutional investors moving into the space.
Making analysis on the recent bitcoin surge, a crypto analyst made a trend on the recent market happenings as he tweeted that the force behind this movement are blue chips institutions which he said that there have been over 100,000 bitcoin accumulation in the ten days by whales. -“ This trend points towards a lack of retail participation in the current BTC bull rally, suggesting that the recent price action is primarily fueled by institutional demand.”
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link See leoglossary for the terms used within this post also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura