According to the data, Bitcoin has decoupled from the Nasdaq, with a 40-day correlation hitting zero, likely due to the market's focus on a potential spot Bitcoin ETF launch in the US.

Analysts expect Bitcoin to serve as a portfolio diversifier, and correlations are expected to stay low amid potential ETF approval and the upcoming halving in April.

#etf #BTC
$BTC

Examining the comprehensive Cryptocurrency Market Cap chart, encompassing Altcoins, DeFi, GameFi, meme coins, etc. In comparison to previous years where the market cap surpassed 3 trillion, there's optimism for the current market to reach over 6 trillion, effectively doubling the previous market cap.

#BTC #etf #ETH #ai
$BTC $ETH $BNB

2023 was a rollercoaster year for the cryptocurrency industry. From the highs of Bitcoin reaching new all-time highs to the lows of the banking crisis, there were plenty of headlines that kept investors on the edge of their seats.

The headlines that defined 2023 include:

⚫ Q1 2023: Banking crisis, regulatory sharpening
⚫ Q2 2023: #SEC lawsuits, BlackRock's ETF filling
⚫ Q3 2023: Grayscale court win
⚫ Q4 2023: Binance plea deal, ETF hype

Looking towards 2024, the crypto landscape is poised for significant developments:

⚫ Regulatory clarity, and spot Bitcoin ETF decision
⚫ Bitcoin halving
⚫ Technological advancements
⚫ Crypto industry consolidation

$BTC $BNB $ETH
#BTC #etf #BinanceSquare

Analyzing $BONK reveals a bullish pattern, specifically a falling wedge on both the 30-minute and 1-hour timeframes. Traders may consider waiting for a retest or opt to follow the emerging trend, given its early stages. Monitoring key levels and considering risk management strategies is advisable in response to potential price movements.

#BTC #etf #Bonk.Coin

Analyzing $SHIB using a symmetrical triangle pattern suggests a potential upcoming price action in the market. Symmetrical triangles often indicate a period of consolidation before a significant breakout. In this case, the formation of the symmetrical triangle suggests an imminent move, and historical analysis of the market trend indicates a higher likelihood of a bullish movement.

Traders and investors may observe key levels within the triangle pattern for potential entry or exit points. A bullish breakout could lead to an upward price movement, while a bearish breakout might result in a downward trend. It's crucial to consider other technical indicators, market sentiment, and external factors that could influence the cryptocurrency market.

Remember that cryptocurrency markets are highly volatile, and any analysis should be supplemented with risk management strategies. Always stay updated on the latest market developments and news that could impact $SHIB .

#etf #BTC #ETH #SHIB💥

As the January 10 deadline approaches for the US Securities and Exchange Commission (SEC) to decide on Ark Investments and 21Shares’ proposed spot Bitcoin ETF, a recent Reuters report suggests that the SEC is poised to notify asset managers about the approval of their applications as early as next week. This move could allow firms that met the year-end deadline, including Valkyrie, Bitwise, WisdomTree, Franklin Templeton, BlackRock, VanEck, and Invesco, to launch in sync with the decision deadline.

Among the 14 asset managers vying for approval, several have already submitted detailed forms to the SEC, including sponsor fees. Fidelity stands out with the lowest proposed sponsor rate of 0.39%. However, many firms are yet to disclose their rates. This development is seen as a significant step towards attracting more institutional investment into the crypto industry. Analysts anticipate that the approval of spot Bitcoin ETFs could have a substantial impact on the sector.

Reuters Report

#BTC #etf
$BTC

✔️ THIS WEEK'S CRYPTO MARKET HIGHLIGHTS:

⚫ Paxos got approval to launch stablecoin
⚫ FTX debtors settled with SBF
⚫ Mt. Gox creditors receiving repayments
⚫ Grayscale's board of directors changed
⚫ Ledger Live tracks and collects user data
⚫ Celsius got approved to switch to Bitcoin mining
⚫ Argentina's bill might legalize XRP and ETH
⚫ OKX will delist privacy tokens
⚫ CZ’s request to leave the US got declined

$BTC $ETH $BNB
#BTC #etf #ETH #Launchpool #ai

Texhnical analysis on #BNB against #USDT on 30m Timeframe.

$BNB

JUST IN : 💰 Max Keiser is trying to pump #bitcoin 😂😂

Stating these two saudis are going to buy 1 Million #Bitcoins and expecting a $100,000 God Candle.
#BTC $BTC

Technical Analysis:

BNBUSDT Trend Reversal

The trend has rebounded strongly at the Fibonacci 0.786 psychological zone, forming a compelling bullish chart pattern. Two confirmations signal an impending shift from a downtrend to a promising uptrend.

Fundamental Analysis:

Positive News Catalysts

Amidst SEC developments, Bitcoin ETF discussions, and the upcoming Bitcoin halving, all news indicators point to a favorable outlook for BNB. Despite considerations related to CZ, the overall sentiment suggests an imminent rally for Binance Coin.

#bnbsignal #BNB! #BTC #SECvsCrypto #bitcoinetf

$BTC $BNB

Recently, Shibairum processed over 180 million transactions, indicating strong community engagement. 

#SHIB prices rose from $0.00001002 on Dec. 18 to $0.00001081 on Dec. 25, translating to a market cap of $6.3 billion.

More than 28 technical indicators are bullish on Shiba Inu. The token is now trading above its 50 and 100-day EMAs, which is bullish for the meme coin.
As it is, analysts say the coin could break above $0.00001156 before the end of December 2023.$SHIB

Adani Group, led by Gautam Adani, is venturing into #AI , $IOTA , and blockchain through a strategic collaboration with UAE’s International Holding Co. (IHC). The partnership has birthed Sirius Digitech International Ltd., focusing on cutting-edge technologies in Abu Dhabi. Adani Global holds a 49% stake, partnering with Sirius International Holding at 51%. Positioned to explore India's $175 billion digitization landscape, the venture aims at sectors like Fintech and Healthtech. The collaboration emphasizes collaborative decision-making, uniting Adani's innovation and IHC's strategic vision. Beyond #AI , they aim to leverage IoT and blockchain for industry advancements. Despite a January setback, Adani Group's collaboration signals a return to robust expansion, supported by IHC's increased stake and a valuation of $239 billion. This move places Adani Group at the forefront of tech innovation, contributing to India’s digital evolution with resilience and strategic vision.

According to Arkham, Donald Trump is selling his ETH holdings.

After accumulating Trump NFT royalties, his team began transferring ETH to Coinbase three weeks ago, reaching a maximum balance of $4m. As of now, they have sold 1,075 ETH for $2.4m.
#ETH #BTC $ETH

💰 Vitalik Buterin proposes to make #Ethereum PoS ‘lighter and simpler’

The Ethereum co-founder suggested reducing validator signatures to lighten the load and make predicting future loads more accurate.
$ETH
#ETH

A Bloomberg analyst reported that ARK Invest sold its GBTC holdings and used half of the roughly $100m in proceeds to invest in BITO, a Bitcoin futures ETF.

$BTC $ETH $BNB

#BTC #BTC #Launchpool #ETH #ETFApproval2024

Myth or True?

Tell me what you think in the comment section.

#BTC #sol #ETH
$BTC $ETH $BNB

Bitcoin ($BTC) halving update

$BNB $SHIB $MEME

#BTC #sol #ETH #ORDI