#CryptoPilot #SolanaPriceSurge #BTC #sol @CryptoPilot $SOL $BNB

🚨🚨 Chinese Stocks have fallen to their lowest prices in 5 years and are still searching for a green day in 2024 📉

#CSI300 #China #CryptoPilot

📣 Dow Jones Industrials hit its 3rd most overbought level in the last 23 years last week and still remains in highly overbought territory
#BTC #DAO #CryptoPilot #CryptoChristmas

BREAKING‼️ Grayscale Chairman Barry Silbert has resigned, as SEC approval of Bitcoin ETFs expected by January 106209:35 PM
#BTC #Bitcoin/USDT. #BTCUSDT #CryptoPilot

#sol #CryptoTokens #TradeOpportunity #CryptoPilot @CryptoPilot $SOL

The growth in transaction fees incentivizes miners to deploy new ASICs and likely contributed to the record hash rate increase seen in 2023.

💰 Bitcoin transaction fees soared to $100M this week, surpassing all other blockchain networks.
#BTC #BitcoinPriceDrop #BTCUpdate #BTCUSDT #CryptoPilot

Tencent is China's largest public company and the drop erased ~$55 billion of market cap.

#stocks #Tencent #CryptoPilot #crash

This week, the U.S. Securities and Exchange Commission (SEC) launched two major legal actions against Binance and Coinbase, accusing the exchanges of flouting U.S. securities laws.

At the heart of this offensive is one man: Gary Gensler, who was appointed chair of the SEC in February 2021.
Gensler today looks like the crypto industry’s worst enemy, issuing what sounds like a blanket disavowal of crypto’s whole point of being. “We don’t need more digital currency…we already have a digital currency, it’s called the U.S. dollar,” Gensler said Tuesday, June 6.
“We have not seen, over the centuries, that economies and the public need more than one way to move value.”
But Gensler wasn’t always so trenchant a critic.
Before he started in the SEC hot seat, he was fresh from teaching courses on digital currency at the Massachusetts Institute of Technology and consulting with that school’s Digital Currency Initiative.
Here was the tone that Gensler struck in an op-ed for CoinDesk in December 2019: “Though literally thousands of projects have yet to land on broadly adopted use cases, I remain intrigued by Satoshi’s innovation’s potential to spur change – either directly or indirectly as a catalyst. The potential to lower verification and networking costs is worth pursuing, particularly to lower economic rents and data privacy costs, and promote economic inclusion."
“Further, shared blockchain applications might help jumpstart multiparty network solutions in fields that historically have been fragmented or resilient to change. Even in this slightly less ambitious form – acting as an innovative irritant to incumbents and traditional technologies – cryptocurrencies and blockchain technology have already prompted real change and can continue to do so," he added.
#SECLawyers #crypto2024catch #CryptoPilot

Either comply with the PMLA Act or access to the URL will be blocked.

#BTC #cryptoahmet #India #PMLAct #CryptoPilot

Bitcoin has historically rallied after its halving event – which automatically decreases the supply of new coins in the open market – and traders are likely pricing in the event that’s next scheduled for April 2024.

A slurry of catalysts and historical behavior could catapult bitcoin (BTC) to as high as $160,000 in a widely expected bull market that analysts say could be underway in 2024.
Expected demand for bitcoin from several spot exchange-traded funds (ETF) in the U.S., the upcoming halving and growth in broader stock markets on the back of rates cut could buoy bitcoin prices to at least $50,000 in the short-term, on-chain analysis firm CryptoQuant said in a Wednesday report shared with CoinDesk.
“We argue that bitcoin and crypto markets could have a positive year in 2024 mostly amid the effects from: 1. The market valuation cycle, 2. Network activity, 3. The bitcoin halving, 4. The macroeconomic perspective, 5. Bitcoin spot ETF approval and 6. Growing stablecoin liquidity,” analysts at CryptoQuant said.
“On-chain valuation and network metrics signal bitcoin remains well inside a bull market and may be targeting $54,000 in the medium term and $160,000 as this cycle price top,” they said.
Bitcoin has historically rallied after its halving event – which automatically decreases the supply of new coins in the open market – and traders are likely pricing in the event that’s next scheduled for April 2024.
Meanwhile, over seven major traditional finance players, such as BlackRock (BLK) and VanEck, are in talks with the U.S. Securities and Exchange Commission (SEC) for spot bitcoin ETFs – and a constant back-and-forth is likely signaling the talks are proceeding positively.
Prominent bitcoin holders say the development is likely one of the biggest developments in Wall Street in “30 years.”
“It’s not unreasonable to suggest that this might be the biggest development on Wall Street in 30 years," said Michael Saylor in a CNBC interview on Tuesday, suggesting the last comparable new product was the S&P 500 ETF, which allowed investors one-click exposure to that widely-followed index. Saylor’s business software company MicroStrategy is the largest public holder of Bitcoin, with over $8 billion worth of the asset in its treasury.
Traders also expect the U.S. Federal Reserve to lower interest rates in 2024 as inflation has continued to decline – and lower rates have historically been conducive to large bets on riskier assets such as technology stocks and cryptocurrencies.
#BTC #ETFBitcoin #Halving #CryptoPilot
$BTC

According to #solana's financial statement, It is currently experiencing a monthly loss of over $100 million to keep nodes running and gas fees under control.
Highest loss in December :
Expenses: $136 Million

Token Inflation :

June 21: 272.6 Million Tokens!

Dec 23: 427.5 Million Tokens!**

#sol #BTC #CryptoPilot #CryptoChristmas @CryptoPilot
$SOL $BTC

#Binance surpasses 170 million users worldwide.
#BinanceWish #BTC #CryptoPilot #TradingAdvice #Signal

Trending Coins of The Day
#sol #BTC #CryptoPilot #ORDI.