Summary

Bitcoin is expected to receive a massive $27 trillion injection, leading to its continuous rise. Major financial institutions like BlackRock, Fidelity, JP Morgan, and more are entering the crypto space.


Highlights

🚀 Institutions with trillions of dollars in assets are entering the crypto space, contributing to Bitcoin's rise.

📉 A well-known author criticizes Bitcoin, but CNBC defends its potential for real-world transactions and as a hedge against inflation.

💰 July is traditionally a bullish month for Bitcoin, with predictions of a 20% increase or more.

📉 Bitcoin's supply has been decreasing as institutions acquire it, indicating a positive trend.

💎 Other cryptocurrencies, like Ethereum, Cosmos, and Avalanche, are experiencing growth and interoperability.

🌍 Web3 and layer one and layer two solutions are expanding rapidly, opening up possibilities for decentralized applications.

💼 FTX may relaunch if it recovers all the assets lost due to misappropriation or careless management.