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Binance introduces BFUSD, a yield-bearing stablecoin offering 19.55% APY, which can also be used as collateral
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The #Bitcoin Monthly RSI bull run is here, with two major tops to go. March 2024 at first glance may look like a topping point in overbought territory, but it's a mirror of 2017... resistance at All Time Highs. This indicator is simple and effective. What's the point here? There's lots of room to grow.
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#ALTS MARKET CAP ANALYSIS 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.
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#rlc/usdt iExec RLC is forming a symmetrical triangle with heavy accumulation signals🧐 Price appears ready to break out of the current consolidation pattern📈 A successful breakout above the triangle could push price towards targets at $2.09, and $2.60🎯
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#Ethereum might reach the $3,200 area to liquidate some short-positions!👀
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You’re not bullish enough: - Gold: $12T - Fiat: $120T - Art etc: $18T - Stocks: $110T - Bonds: $300T - Real Estate: $330T Let’s say 5% of this moves into BTC like Fidelity recommends. Using the Bull market multiple of 118:1 from BofA: $890T x 5% x 118 = $5.2 Quadrillion $5.2 Quadrillion / 21M BTC = $250M per BTC in today’s dollars!
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US States Sue SEC Over Alleged Overreach In Crypto Regulation
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OCC Prepares To Launch Spot Bitcoin ETF Options
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