📈Let's break down the advantages of crypto arbitrage:
💵High Potential Profits: Cryptoarbitrage can offer high potential profits as the difference in price can be significant.
⬇️Low risk: With the right approach, cryptoarbitrage can be a relatively low-risk strategy.
🏆Scalable: Cryptoarbitrage can be scaled to fit your budget and risk tolerance.
💰Overall, candle crypto can be a profitable strategy, but it requires careful planning and execution. It's important to remember, the higher your budget, the higher your profits will be. $BTC
BlackRock’s Bitcoin ETF options are set to debut on Nasdaq, potentially as soon as today, following a lengthy review process.
This marks a major step in expanding crypto investment products, expected to draw significant interest from both retail and institutional investors. $BTC
The total cryptocurrency market cap is consolidating within a super ascending triangle pattern and has recently broken out with significant volume, reaching a new all-time high.
It is currently testing the upper resistance trendline. This breakout suggests the potential for further gains across the broader crypto market.$BTC
GOAT has been making a rising wedge pattern and took the break at the lower trendline. Today, it's found support near that lower trendline while the price is holding above the 21 EMA on the 4-hour chart, which reflects the strength of the bulls. A breakout above the upper resistance line may create explosive price action.
Entry Point: CMP (~$1.08)
Add-on Zones: $1.02–$0.95 for potential dips.
Targets:
$1.50 $2.00 $2.30 (Primary Target) 🚫Stop Loss: $0.94 to minimize downside risk. Leverage Advice: Use 2x–5x leverage responsibly.
OGN is consolidating within an ascending triangle pattern and is currently attempting to break through the horizontal resistance zone of the pattern.
The Ichimoku Cloud is providing strong support, indicating bullish momentum. A breakout above the pattern could signal the start of a significant bullish rally. $OGN
Goldman Sachs plans to transform its digital asset platform into a new company that will enable major financial firms to create, trade, and settle financial instruments using blockchain technology.
This move builds on its 2022 launch of the Digital Asset Platform, aimed at digitizing traditional assets through blockchain technology.
The ALTS market cap is breaking out the horizontal supply zone, while the Ichimoku Cloud below is providing strong support, indicating bullish strength. A breakout above this supply zone could trigger another bullish rally in the altcoin market.$ALT
The Russian Ministry of Finance has announced significant changes in the taxation of digital currencies:
🟠VAT Exemption: Transactions involving digital currencies will be exempt from Value Added Tax (VAT).
🟠Income Taxation: Income derived from digital currency operations will be taxed similarly to income from securities transactions. Consequently, the maximum Personal Income Tax (PIT) rate on such income will not exceed 15%.
🟠Non-Resident Tax Rate: For non-residents of Russia, the tax rate is higher—30%. A tax resident is defined as an individual who spends at least 183 days within a 12-month period in Russia.
The Manhattan U.S. Attorney's Office plans to reduce its focus on cryptocurrency-related cases following several high-profile convictions, including that of FTX founder SBF.
This decision aligns with the anticipated appointment of Jay Clayton, former SEC chair under President Trump, as the new U.S. Attorney for the Southern District of New York, replacing Damian Williams. Clayton's tenure at the SEC was marked by a less aggressive stance on cryptocurrency regulation compared to current chair Gary Gensler.
Bitcoin is rebounding from the support trendline of a symmetrical triangle pattern, trading just below the resistance trendline. The Ichimoku Cloud indicates bullish momentum, suggesting that a breakout from the pattern could trigger a strong bullish rally in the market. $BTC
MANTA is breaking out of a falling wedge pattern – a classic bullish reversal setup. The price has crossed the key resistance trendline and is now trading above the 100 MA, signaling strong upward momentum. If the breakout holds, significant upside potential is on the horizon!
Entry Point: Current Market Price (CMP) around $0.80. Additional Positions: Consider adding near $0.74–$0.64 on retests for a safer entry.
BTC.D is trading within a rising wedge pattern on the weekly timeframe, currently facing rejection at the wedge's upper trendline a structure often considered bearish.
This indicates a potential decline in BTC.D in the near term, with a breakdown of the wedge likely confirming bearish momentum. If BTC.D trends lower while Bitcoin maintains stability or a bullish trajectory, it could pave the way for an altcoin bull run. $BTC