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Bitcoin was just about to start some recovery when we have Master Elon come up with yet another infamous tweet. Not sure what to make for it but one thing is certain - with every new tweet, Elonsβ effect on crypto is waning. While Elon continues to hint that he is moving away from BTC, but I am not sure what he is buying. In the end, for all we know, he could be massively accumulating BTC at these levels.
Otherwise nothing exciting except that we have one of the largest crypto conference ongoing in Miami. Amazing, how we are back to conferences within the year. Our twitter feed has been fall of weird pics and stories and memes about the conference.
On another note, we hear that USDT usage continues to increase but USDC is fast catching up as a more reliable / authentic source. And then we had Russia to top it with some Anti USD rhetoric.