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But we saved everything 🙂.
Jordan Kerridge points out that after years of seeking to replace banks, crypto companies are now pursuing bank status themselves.
Circle has received approval to operate as a U.S. national trust bank, a notable shift that Kerridge describes as once unthinkable but now a practical route to mainstreaming crypto.
Kerridge has previously reported on closing a Bitcoin short position after spotting bullish signals in the price heatmap. In a separate note, he pointed out that almost 47% of Bitcoin supply was held at an unrealized loss. These observations reflect his ongoing focus on shifts in crypto market sentiment.