All this without even mentioning the fundamentals and defi season which is upon us 🚀Gambardello also drew his followers' attention to theThe poll does not seem to have any particular topic, aside from"which community will win – ADA or Bitcoin." Out of 14,030 participants, 54.9% voted for ADA, while the remaining 45.1% chose Bitcoin.
A couple of weeks ago, BlackRock sent a shock wave across the markets, submitting a filing with the U.S. securities regulator to set up its own Bitcoin spot exchange-traded fund . BlackRock's filing was instantly followed by several other major Wall Street companies, including Fidelity, also wishing to create their own BTC spot ETFs. These Wall Street giants even rolled out their own centralized crypto exchange, EDX. Both of these factors pushed the Bitcoin price up high, allowing it to regain the $31,000 level. Overall, since the start of 2023, Bitcoin has increased in price by 83%, twice surpassing Nasdaq Composite Index.
Bitcoiners on Crypto Twitter, including big names such as Anthony Pompliano, instantly began praising BlackRock for endorsing Bitcoin and its new level of adoption and interest from institutional investors. Gambardello criticized those BTC advocates since they are not praising BTC for"decentralization or freedom from the manipulative thieving banks" but for the fact that BlackRock is now holding a huge Bitcoin bag.- not for decentralization or freedom from the manipulative thieving banks, but for their crypto bag value!