The crypto world does not forgive even justice, and while some lose their keys due to a "wrong click", the big fish in Switzerland are preparing the red carpet for Bitcoin to enter through the grand door of private banking. 🏦✨
The news of the day has us with one eye on the chart and the other on security news, because what happened in South Korea is unbelievable. Imagine that the Gwangju prosecutor's office had stored about 48 million dollars in Bitcoin (about 70,000 million won) that they had taken from some criminals. Well, it turns out that, during an audit, they realized that poof!, the money was gone. 💨💸
The culprit? A human error that gives you a headache: an employee fell for a phishing attack by entering a fake website and exposed the wallet credentials. The most incredible thing is that they had the passwords written down on USB devices and mobile phones. This wasn't a failure of the Bitcoin network (which remains intact and secure as always), but a reminder that if you don't take care of your keys, not even being the government will keep you safe. 🛡️💻
But beware, while they suffer over there, in Switzerland the giant UBS is cooking up something big. The largest wealth management bank in the world is considering opening the door to Bitcoin and Ether for its most VIP clients. We're talking about people with a lot of capital who no longer want strange platforms, but want to invest from their lifelong bank. This is pure institutional adoption, and if it goes well in Switzerland, the next on the list are the United States and Asia. 🇨🇭🌍
And to finalize the macro combo, Bitwise has just launched a new toy on the New York Stock Exchange: the BPRO ETF. It's not the typical Bitcoin fund; this is a "shield" against currency devaluation. It mixes Bitcoin with gold and precious metals (with at least 25% gold guaranteed). It's the definitive signal that the big players now see Bitcoin not as a gamble, but as the "digital gold" that protects your wealth when the dollar or euro lose strength. 🥇₿
As for the price, Bitcoin is there, "fooling around" at $89,500. We are in a compression zone, like a spring that gets tightened before jumping. Buyers are fiercely defending $87,300, and if we manage to break the barrier of $91,000, get ready because the path to $94,000 will be clear. The RSI (the indicator that tells us if people are buying or selling like crazy) is at a perfect midpoint, which means the market is taking a breath for the next move. 📈🚀
If governments learn to custody and Swiss banks start buying, do you think the price will stay still for long or are we facing the last opportunity to see Bitcoin below six digits? 🤨🔥$BTC
