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Bitcoin held 39500$ as support and bounced from here.
Trading at 41300$✅
#btc #trendingtoday
If bitcoin holds todays level in daily candle closing then we can expect a good bullish move in Bitcoin...
Trading at 41300$✅
#btc #trendingtoday
If bitcoin holds todays level in daily candle closing then we can expect a good bullish move in Bitcoin...
Bitcoin condition 2️⃣
Breakout above 40500$ and hold
Breakout above 40500$ and hold
Beyond Bitcoin: Unveiling the Cryptos Shaping 2024's Digital Jungle 🪙🎯
Forget the monotonous roar of Bitcoin's bull – new whispers are rustling through the digital jungle, hinting at hidden gems and game-changing trends. While the crypto king retains its throne, 2024 promises a vibrant ecosystem pulsating with diverse contenders worth exploring. Let's embark on a safari through the hottest blockchain beasts dominating the landscape:1. The Interoperability Chameleons: Imagine a world where your crypto chameleon adapts to any blockchain, effortlessly blending in across DeFi pools and NFT marketplaces. That's the magic of interoperable tokens like Cosmos (ATOM) and Polkadot (DOT). They're breaking down borders, opening doors to seamless value transfer and unleashing a pandora's box of financial possibilities.🎯2. The AI Oracles: Think of them as the wise owls of the crypto jungle, guiding decisions with uncanny precision. AI oracles like Chainlink (LINK) and Band Protocol (BAND) bridge the gap between real-world data and blockchain applications, making smart contracts truly "smart." From weather-triggered insurance payouts to predicting market trends, these feathered friends are revolutionizing decentralized decision-making.🎯3. The Green Gazelles: Sustainability isn't just a buzzword here. Crypto projects like Cardano (ADA) and Flow (FLOW) are sprinting towards energy-efficient protocols, leaving behind the carbon footprint of their proof-of-work predecessors. Imagine validating transactions with a walk in the park instead of a roaring power plant – that's the green oasis these gazelles are leading us to.🎯4. The NFT Chameleons (Not the Interoperable Kind!): Move over, pixelated cats. NFTs are evolving beyond the art scene, embracing diverse forms like fractionalized real estate (REITs) on Real Estate Investment Trusts (REITs) on platforms like RealT and tokenized music royalties on Audius. These chameleons are blending the digital and physical worlds, transforming the way we own and interact with assets.🎯5. The Metaverse Mystics: Buckle up for a trip down the rabbit hole. Decentraland (MANA) and The Sandbox (SAND) are weaving intricate tapestries of virtual worlds, where avatars mingle, own digital land, and experience a parallel reality unlike any other. These mystics are blurring the lines between real and virtual, rewriting the rules of social interaction and entertainment.🎯Remember, venturing into the crypto jungle requires caution. Research, diversify, and never succumb to the siren song of hype. But for those with a spirit of adventure, the rewards can be exhilarating. So, grab your digital machete and prepare to discover the crypto wonders 2024 has in store!🪙Bonus Tip: This article is just a starting point. Keep yourself updated on the latest trends and projects, as the crypto landscape changes faster than a chameleon's color!😎Feel free to adapt this article to your specific needs and voice! Remember, originality is key, so don't be afraid to add your own insights and creative flair.👍#trending2024 #trendingtoday #TrendingSearch #Trends2024 #Trendingcoins
SOLANA Trends CONFIRMED to reach $200
🔄Share, Like & Follow!
#SOL #BTC #etf #trendingtoday #Launchpool
🔄Share, Like & Follow!
#SOL #BTC #etf #trendingtoday #Launchpool
$MANTA It's time to talk about $MANTA Token
I am sure this token have a great future.
Now we see that allmost all buyers are buy and sell $MANTA token. In future it will be a famous crypto currency. You should have at least 10 manta token in your asset. After 2 or 3 month it will pump. I think it will go $30usdt+
#trendingtoday
#TradeNTell
I am sure this token have a great future.
Now we see that allmost all buyers are buy and sell $MANTA token. In future it will be a famous crypto currency. You should have at least 10 manta token in your asset. After 2 or 3 month it will pump. I think it will go $30usdt+
#trendingtoday
#TradeNTell
𝟯 𝘁𝗵𝗶𝗻𝗴𝘀 𝘆𝗼𝘂 𝗺𝘂𝘀𝘁 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝗯𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝗻 𝟮𝟬𝟮𝟰
1. From a demand perspective, the potential approval of a spot bitcoin ETF by the SEC is poised to facilitate the entry of numerous new investors looking to incorporate bitcoin exposure directly into their traditional investment portfolios. This approval eliminates the need for navigating the complexities of crypto exchanges, allowing investors to utilize a familiar investment vehicle – an ETF. Consequently, this development is anticipated to enhance liquidity and stability in bitcoin's price. Moreover, the SEC's green light signifies a significant milestone in establishing bitcoin's legitimacy within mainstream financial institutions.
2. Turning to the supply side, the scarcity of bitcoin undergoes an increment roughly every four years through halving events. During these events, the reward for Bitcoin miners is halved, resulting in a 50% reduction in the rate of new bitcoin issuance. With the upcoming halving expected in April 2024, the block reward is set to decrease from the current 6.25 BTC to 3.125 BTC.
3. Since the last halving on May 11, 2020, which reduced the block reward from 12.5 BTC to 6.25 BTC, bitcoin has demonstrated a compound annual growth rate of 52%.
Taken together, these factors present a compelling investment proposition for bitcoin and indicate a potential entry point. The implied value is approximately $62,000 per bitcoin in April 2024, reflecting a roughly 34% increase relative to the current price.
Source: Synthetic
#BTC #trendingtoday #Halving2024 #BitcoinETFapproved #BitcoinPrice2024
1. From a demand perspective, the potential approval of a spot bitcoin ETF by the SEC is poised to facilitate the entry of numerous new investors looking to incorporate bitcoin exposure directly into their traditional investment portfolios. This approval eliminates the need for navigating the complexities of crypto exchanges, allowing investors to utilize a familiar investment vehicle – an ETF. Consequently, this development is anticipated to enhance liquidity and stability in bitcoin's price. Moreover, the SEC's green light signifies a significant milestone in establishing bitcoin's legitimacy within mainstream financial institutions.
2. Turning to the supply side, the scarcity of bitcoin undergoes an increment roughly every four years through halving events. During these events, the reward for Bitcoin miners is halved, resulting in a 50% reduction in the rate of new bitcoin issuance. With the upcoming halving expected in April 2024, the block reward is set to decrease from the current 6.25 BTC to 3.125 BTC.
3. Since the last halving on May 11, 2020, which reduced the block reward from 12.5 BTC to 6.25 BTC, bitcoin has demonstrated a compound annual growth rate of 52%.
Taken together, these factors present a compelling investment proposition for bitcoin and indicate a potential entry point. The implied value is approximately $62,000 per bitcoin in April 2024, reflecting a roughly 34% increase relative to the current price.
Source: Synthetic
#BTC #trendingtoday #Halving2024 #BitcoinETFapproved #BitcoinPrice2024
🚀 27 Bitcoins Sent to Satoshi Nakamoto Address – What’s Behind This Cryptic Move? 🤔💰
In a mysterious turn of events, the crypto community is abuzz with the transfer of 27 Bitcoins to the wallet associated with the legendary Satoshi Nakamoto, the creator of Bitcoin. This wallet, holding a staggering 1 million BTC, has been dormant for over a decade, prompting speculation about the significance of this enigmatic transaction.
🔍 What Unfolded?
An unidentified individual recently sent 27 Bitcoins, valued at over a million dollars, directly to Satoshi Nakamoto's untouched wallet. The sender initially purchased the Bitcoins on Binance, raising eyebrows in the crypto community about the motive behind this unusual move.
🌐 Satoshi's Dormant Wallet: A History of Silence
The Satoshi wallet, housing over 1 million Bitcoins, has been dormant since Satoshi Nakamoto's mysterious disappearance. Originally used to bootstrap the Bitcoin network, the wallet is often considered "dead" with the BTC deemed lost. The crypto market, accustomed to its inactivity, has grown to perceive it as an untouchable relic.
📉 Analyzing the Unusual Move: Breaking Conventions
Onchain data analysis reveals that this move is exceptionally rare, challenging the conventional belief that Satoshi's Bitcoins would remain untouched. The market, having given up on anticipating any activity from this wallet, is now grappling with the unexpected scarcity of available bitcoins.
❓ The Big Question: Whodunnit?
The intriguing question lingers – who initiated this surprising transaction? Speculations arise, pondering whether it's the handiwork of Satoshi, someone familiar with the legend, or perhaps an exceptionally wealthy individual finding amusement in "gifting" a fraction of their wealth to the elusive creator.
🚨 Stay Tuned for Crypto Mysteries Unveiled! Follow The Blockopedia for Exclusive Updates! 🌐🕵️♂️
#BitcoinPrice2024 #trending2024 #trendingtoday #cryptocurency #crypto2024
In a mysterious turn of events, the crypto community is abuzz with the transfer of 27 Bitcoins to the wallet associated with the legendary Satoshi Nakamoto, the creator of Bitcoin. This wallet, holding a staggering 1 million BTC, has been dormant for over a decade, prompting speculation about the significance of this enigmatic transaction.
🔍 What Unfolded?
An unidentified individual recently sent 27 Bitcoins, valued at over a million dollars, directly to Satoshi Nakamoto's untouched wallet. The sender initially purchased the Bitcoins on Binance, raising eyebrows in the crypto community about the motive behind this unusual move.
🌐 Satoshi's Dormant Wallet: A History of Silence
The Satoshi wallet, housing over 1 million Bitcoins, has been dormant since Satoshi Nakamoto's mysterious disappearance. Originally used to bootstrap the Bitcoin network, the wallet is often considered "dead" with the BTC deemed lost. The crypto market, accustomed to its inactivity, has grown to perceive it as an untouchable relic.
📉 Analyzing the Unusual Move: Breaking Conventions
Onchain data analysis reveals that this move is exceptionally rare, challenging the conventional belief that Satoshi's Bitcoins would remain untouched. The market, having given up on anticipating any activity from this wallet, is now grappling with the unexpected scarcity of available bitcoins.
❓ The Big Question: Whodunnit?
The intriguing question lingers – who initiated this surprising transaction? Speculations arise, pondering whether it's the handiwork of Satoshi, someone familiar with the legend, or perhaps an exceptionally wealthy individual finding amusement in "gifting" a fraction of their wealth to the elusive creator.
🚨 Stay Tuned for Crypto Mysteries Unveiled! Follow The Blockopedia for Exclusive Updates! 🌐🕵️♂️
#BitcoinPrice2024 #trending2024 #trendingtoday #cryptocurency #crypto2024
#AVAX #Matic #NUGX
Top 3 Cryptocurrency Selections for January: Unlocking the Potential of Prominent Digital Assets!
In the dynamic realm of cryptocurrency, opportunities are abundant. Let's delve into the top choices for January, each presenting its distinctive potential for growth and excitement.
1. Avalanche (AVAX): Poised for a Rebound to $40!
Despite a recent market correction, Avalanche (AVAX) remains resilient and is preparing for a potential recovery to $40. Following an impressive rally in late 2023, AVAX experienced a dip in early January. However, analysts foresee a resurgence in DeFi activity across alternative coins, predicting a potential AVAX rally. If all unfolds as anticipated, AVAX could surge by 21.9% to reach $46.58. Brace yourself for the upcoming Avalanche rebound!
2. Polygon (MATIC): Dominating Ethereum in NFT Trading Volume!
Polygon (MATIC) is making headlines by surpassing Ethereum in daily NFT trading volume on January 7. This noteworthy achievement underscores Polygon's increasing prominence in the NFT sector. Despite a sluggish start in 2024, Polygon's daily NFT transactions outpaced those of Ethereum, indicating a potential shift in the NFT landscape. Keep a close watch on MATIC for groundbreaking developments and potential leadership in the NFT market.
3. NuggetRush (NUGX): Embark on a Mining Adventure in the Gaming Universe!
Step into the captivating universe of NuggetRush (NUGX), a blockchain gaming adventure offering diverse rewards! Assume the role of an artisanal miner, explore landscapes abundant in mineral deposits, and establish your mining empire. NuggetRush introduces a distinctive gaming experience where players can earn tangible financial rewards through efficient mining. With its innovative approach, NUGX is gaining recognition and could compete with even the most popular NFT projects.
For additional cryptocurrency insights and updates, follow The Crypto Ashley.
#trendingtoday #CryptoUpdate #Cryptocurrency #crypto2024
Top 3 Cryptocurrency Selections for January: Unlocking the Potential of Prominent Digital Assets!
In the dynamic realm of cryptocurrency, opportunities are abundant. Let's delve into the top choices for January, each presenting its distinctive potential for growth and excitement.
1. Avalanche (AVAX): Poised for a Rebound to $40!
Despite a recent market correction, Avalanche (AVAX) remains resilient and is preparing for a potential recovery to $40. Following an impressive rally in late 2023, AVAX experienced a dip in early January. However, analysts foresee a resurgence in DeFi activity across alternative coins, predicting a potential AVAX rally. If all unfolds as anticipated, AVAX could surge by 21.9% to reach $46.58. Brace yourself for the upcoming Avalanche rebound!
2. Polygon (MATIC): Dominating Ethereum in NFT Trading Volume!
Polygon (MATIC) is making headlines by surpassing Ethereum in daily NFT trading volume on January 7. This noteworthy achievement underscores Polygon's increasing prominence in the NFT sector. Despite a sluggish start in 2024, Polygon's daily NFT transactions outpaced those of Ethereum, indicating a potential shift in the NFT landscape. Keep a close watch on MATIC for groundbreaking developments and potential leadership in the NFT market.
3. NuggetRush (NUGX): Embark on a Mining Adventure in the Gaming Universe!
Step into the captivating universe of NuggetRush (NUGX), a blockchain gaming adventure offering diverse rewards! Assume the role of an artisanal miner, explore landscapes abundant in mineral deposits, and establish your mining empire. NuggetRush introduces a distinctive gaming experience where players can earn tangible financial rewards through efficient mining. With its innovative approach, NUGX is gaining recognition and could compete with even the most popular NFT projects.
For additional cryptocurrency insights and updates, follow The Crypto Ashley.
#trendingtoday #CryptoUpdate #Cryptocurrency #crypto2024
📈📈Bullish⚡⚡📈📈
Binance listing.... 💸💸 #ice_network
These Days popular token is 💸💸Ice network. ice Step to great milestone already more Exchange listed.
Whatever Binance is world NO 1 Crypto Hero. 💸💸Ice token compulsory listing.... now you can mining token "withdrawal " BSC network
everyone must start earn money💲 with 💸💸Ice network
Hey you are not late. you can mining upto 2024 October end. why are you looking further more Hurry up Dear friends start your mining 💸💸ice network.
continue mining 2024 October end. 100% recommendation huge successful project
How to collect coin before listing👇
invite code - kingchris.91
(For bonus enter code)
How to do it steps look below.
What is 💸💸ice and how does it work? ice is a new digital currency that you can mine (or earn) from any mobile device.
💸💸ice network is based on a community of trust delivered by a growing📈📈 number of users who want to prove that digital currencies retain value and can be used in various use cases.
Users can join the ice network via an invitation from an existing member to start earning & building their own micro-communities right away.
Join the 💸💸Ice Network: Download the App, Register, and Start Earning!
Are you ready to dive into the world of cryptocurrency and start your journey with 💸💸Ice network?
Whether you're new to digital assets or an experienced crypto enthusiast, 💸💸Ice Network offers you an exciting opportunity to mine, earn, and build a thriving community.
invite code: - kingchris.91
Step 1: Download the Ice App
-For Android users, visit the Google Play Store.
-iOS users can find the app on the Apple App Store.
Search for "💸💸Ice Network" and tap on the official app. Once downloaded, open the app to start your registration process.
invite code - kingchris.91
Step 2: Register with Email or X
Step 3: Claim Your Unique Nickname
Step 4: Ice network with Invite Code - kingchris.91
Step 5: Start Mining
Thank you.
#TrendingTopic #BTC #trending2024 #trendingtoday #trendingcoin
Binance listing.... 💸💸 #ice_network
These Days popular token is 💸💸Ice network. ice Step to great milestone already more Exchange listed.
Whatever Binance is world NO 1 Crypto Hero. 💸💸Ice token compulsory listing.... now you can mining token "withdrawal " BSC network
everyone must start earn money💲 with 💸💸Ice network
Hey you are not late. you can mining upto 2024 October end. why are you looking further more Hurry up Dear friends start your mining 💸💸ice network.
continue mining 2024 October end. 100% recommendation huge successful project
How to collect coin before listing👇
invite code - kingchris.91
(For bonus enter code)
How to do it steps look below.
What is 💸💸ice and how does it work? ice is a new digital currency that you can mine (or earn) from any mobile device.
💸💸ice network is based on a community of trust delivered by a growing📈📈 number of users who want to prove that digital currencies retain value and can be used in various use cases.
Users can join the ice network via an invitation from an existing member to start earning & building their own micro-communities right away.
Join the 💸💸Ice Network: Download the App, Register, and Start Earning!
Are you ready to dive into the world of cryptocurrency and start your journey with 💸💸Ice network?
Whether you're new to digital assets or an experienced crypto enthusiast, 💸💸Ice Network offers you an exciting opportunity to mine, earn, and build a thriving community.
invite code: - kingchris.91
Step 1: Download the Ice App
-For Android users, visit the Google Play Store.
-iOS users can find the app on the Apple App Store.
Search for "💸💸Ice Network" and tap on the official app. Once downloaded, open the app to start your registration process.
invite code - kingchris.91
Step 2: Register with Email or X
Step 3: Claim Your Unique Nickname
Step 4: Ice network with Invite Code - kingchris.91
Step 5: Start Mining
Thank you.
#TrendingTopic #BTC #trending2024 #trendingtoday #trendingcoin
Crypto Craze: Your Hot List for 2024's Trending Coins 🪙💰🎯
The cryptosphere is buzzing louder than a beehive in a sugar factory! With 2024 shaping up to be a wild ride, let's dive into the hottest trends and coins that are sure to make waves (and maybe some wallets fatter).1. DeFi Drama: Decentralized Dance Party (UNI, AAVE, COMP)DeFi, the wild west of finance without the tumbleweeds, is still the hottest ticket in town. Uniswap, AAVE, and Compound are leading the charge, offering juicy yields and innovative ways to put your crypto to work. Think lending, borrowing, and trading, all without the grumpy banker glaring over your shoulder.2. Layer 1 Leap: Scaling the Blockchain Everest ️ (SOL, AVAX, DOT)Ethereum's gas fees are becoming a legend in their own right – the kind you wouldn't want your grandma to hear. That's where Layer 1 blockchains like Solana, Avalanche, and Polkadot come in, promising faster, cheaper transactions like a greased-up lightning bolt. ⚡♀️3. NFT Explosion: From Apes to Art & Beyond (AXS, MANA, SAND)Non-fungible tokens, those digital diamonds in the rough, are still sparkling bright. Axie Infinity, Decentraland, and The Sandbox are paving the way for play-to-earn games, virtual land grabs, and beyond. Imagine owning a piece of the metaverse, where your cat can wear a Gucci hat and you can build a castle in the clouds.4. Stablecoin Serenity: The Calm in the Crypto Storm (USDT, USDC, DAI)Tether, USDC, and DAI are the anchors in this volatile sea, offering a safe haven for your crypto buck. Think of them as your crypto piggy bank, holding your value steady while the market does its roller coaster thing.5. Wildcard Wonders: The Unexpected Gems ✨ (MATIC, XLM, LINK)Polygon, Stellar, and Chainlink are the underdogs you don't want to miss. Polygon is scaling Ethereum like a rocket strapped to a cheetah, Stellar is making cross-border payments smoother than butter, and Chainlink is connecting the blockchain world to the real one like a magic key. ️Remember, friends, the crypto world is a thrilling, unpredictable adventure. Do your research, invest wisely, and most importantly, have fun! 🎉🥳**What are your top picks for trending cryptos in 2024? Share your thoughts in the comments below! 🙏😍#trending2024 #trendingtoday #TrendingSearch #Trends2024 #Trendingcoins
🚀🚀Hurrah🚀🚀🚀
💥Only 8 days left💥
Grab your 👉💲500 USDT on Binance🔥
by paying only 1 USDT⚡
Step by step guidelines:👇
1. Go to 1$ Game
2. Pay the price 1$ Fee
3. Wait for the prize 💲500 USDT💥
Thank you😊
#BinanceMissions #trendingtoday
#Write2Earn #TrendingTopic #BTC
💥Only 8 days left💥
Grab your 👉💲500 USDT on Binance🔥
by paying only 1 USDT⚡
Step by step guidelines:👇
1. Go to 1$ Game
2. Pay the price 1$ Fee
3. Wait for the prize 💲500 USDT💥
Thank you😊
#BinanceMissions #trendingtoday
#Write2Earn #TrendingTopic #BTC
Telah ditemukan penarikan FLOKI Dari Binance dengan jumlah yang sangat besar $FLOKI Apa yang akan terjadi?
tetap waspada dengan market.
#Write2Earn #trendingtoday #TrendingTopic
tetap waspada dengan market.
#Write2Earn #trendingtoday #TrendingTopic
Hello Crypto Family!
I am going to share technical Analysis to teach you how to do trade in a successful way
1st of all i will share Golden rules with you
that you should keep in mind if you want to be a trader.
save these rules and try to follow
Keep one thing in Mind
Trading is A business Dont rey to be rich overnight its slow and steady Process
#trendingtoday
#trading_tips
#$BTC
I am going to share technical Analysis to teach you how to do trade in a successful way
1st of all i will share Golden rules with you
that you should keep in mind if you want to be a trader.
save these rules and try to follow
Keep one thing in Mind
Trading is A business Dont rey to be rich overnight its slow and steady Process
#trendingtoday
#trading_tips
#$BTC
🔥Wayne 10x-100x Alsijan Here is the complete description of crypto money cycle
First Investment Pump, then Ethereum, then Eth Alts Mem Pump, then again finally Midcap Coin Pump, Mem Torque Pump, lastly Mem Ar
#altseason #memecoin #bitcoin #btc #Trendingcoins #trendingtoday $BTC $ETH $BNB
First Investment Pump, then Ethereum, then Eth Alts Mem Pump, then again finally Midcap Coin Pump, Mem Torque Pump, lastly Mem Ar
#altseason #memecoin #bitcoin #btc #Trendingcoins #trendingtoday $BTC $ETH $BNB
Celebrate the approval of Bitcoin ETFs by the SEC, marking a groundbreaking moment for the $1.7 trillion digital asset sector. This decision paves the way for direct investment in Bitcoin through exchange-traded funds, offering broader access to the leading cryptocurrency on Wall Street and beyond.
Notable Approvals and Industry Leaders:
Major players like BlackRock, Invesco, and Fidelity, alongside contenders like Valkyrie, have received approval to initiate the trading of Bitcoin-spot ETFs. This marks a significant shift from the SEC's longstanding opposition, with BlackRock's unexpected application last June causing a notable upswing in cryptocurrency values.
Cautionary Note from SEC Chair Gary Gensler:
While approving certain spot Bitcoin ETP shares, SEC Chair Gary Gensler emphasizes that this decision does not constitute an endorsement of Bitcoin. Investors are advised to exercise caution due to the numerous risks associated with Bitcoin and crypto-related products.
Addressing Previous Concerns: Correlation and Surveillance:
The SEC's previous reservations focused on the absence of a regulated exchange effectively monitoring Bitcoin trading for fraud and manipulation. However, in the latest review, the SEC explored the correlation between spot and futures trading, determining that surveillance-sharing agreements with the CME could detect irregularities on exchanges like Kraken and Coinbase.
Market Impact and Bitcoin's Response:
Following the regulatory green light, Bitcoin maintained stability around $46,300. The original cryptocurrency, having doubled in value in 2023 amid anticipation of ETF approvals, now offers retail and institutional investors an opportunity to diversify portfolios without grappling with custody complexities.
Stay Informed, Stay Ahead
#ETFsApproval #SECApprovalJourney
#crypto2024
#trendingtoday #cryptocurrency
Notable Approvals and Industry Leaders:
Major players like BlackRock, Invesco, and Fidelity, alongside contenders like Valkyrie, have received approval to initiate the trading of Bitcoin-spot ETFs. This marks a significant shift from the SEC's longstanding opposition, with BlackRock's unexpected application last June causing a notable upswing in cryptocurrency values.
Cautionary Note from SEC Chair Gary Gensler:
While approving certain spot Bitcoin ETP shares, SEC Chair Gary Gensler emphasizes that this decision does not constitute an endorsement of Bitcoin. Investors are advised to exercise caution due to the numerous risks associated with Bitcoin and crypto-related products.
Addressing Previous Concerns: Correlation and Surveillance:
The SEC's previous reservations focused on the absence of a regulated exchange effectively monitoring Bitcoin trading for fraud and manipulation. However, in the latest review, the SEC explored the correlation between spot and futures trading, determining that surveillance-sharing agreements with the CME could detect irregularities on exchanges like Kraken and Coinbase.
Market Impact and Bitcoin's Response:
Following the regulatory green light, Bitcoin maintained stability around $46,300. The original cryptocurrency, having doubled in value in 2023 amid anticipation of ETF approvals, now offers retail and institutional investors an opportunity to diversify portfolios without grappling with custody complexities.
Stay Informed, Stay Ahead
#ETFsApproval #SECApprovalJourney
#crypto2024
#trendingtoday #cryptocurrency
🚨South Korea Restricts Bitcoin ETF Brokerage in Local Markets: Report🚫
🌐 In response to the historic approval of the Spot Bitcoin ETF by the US Securities and Exchange Commission (SEC), South Korea delivers a resolute message: no domestic brokerage of US-listed Bitcoin ETFs will be allowed in local markets. 🛑
💼 Here's the latest update on South Korea's crypto regulatory stance:
1. 🚫 Ban on Brokering US Spot ETFs: Official Warning from South Korea
South Korea's Financial Services Commission (FSC) issued an official statement on January 12, affirming that any domestic brokerage of US-listed Bitcoin ETFs would breach the country's existing rules on virtual assets. The FSC emphasized, "For domestic securities firms, any brokering of overseas-listed Bitcoin spot Exchange Traded Funds may violate the existing government stance on virtual assets and the Capital Markets Act."
2. 🌍 South Korea Maintains Crypto ETF Ban Despite SEC Approval
Despite the groundbreaking decision by the US SEC to approve the Spot Bitcoin ETF launch, South Korea stands unwavering in its commitment to restricting ETFs and maintaining a cautious approach to crypto assets. The country remains concerned about potential risks and threats associated with digital assets, reinforcing its ban on crypto investments since 2017.
3. 🛡️ Two-Part Crypto Regulation Underway in South Korea
Aligned with its careful regulatory approach, South Korea is actively working on a two-part crypto regulation. The first part, issued last year, focuses on specific aspects of crypto regulation, while the upcoming second part aims to establish comprehensive rules governing the issuance, listing, and delisting of virtual assets.
👉 South Korea's Crypto Regulatory Landscape: A Balance between Caution and Progress
🌐 Stay Informed, Stay Compliant! Follow The Blockopedia for Crypto Regulatory Updates!
#SouthKoreaCrypto #ETFApproved #trendingtoday #Cryptocurrency #crypto2024
🌐 In response to the historic approval of the Spot Bitcoin ETF by the US Securities and Exchange Commission (SEC), South Korea delivers a resolute message: no domestic brokerage of US-listed Bitcoin ETFs will be allowed in local markets. 🛑
💼 Here's the latest update on South Korea's crypto regulatory stance:
1. 🚫 Ban on Brokering US Spot ETFs: Official Warning from South Korea
South Korea's Financial Services Commission (FSC) issued an official statement on January 12, affirming that any domestic brokerage of US-listed Bitcoin ETFs would breach the country's existing rules on virtual assets. The FSC emphasized, "For domestic securities firms, any brokering of overseas-listed Bitcoin spot Exchange Traded Funds may violate the existing government stance on virtual assets and the Capital Markets Act."
2. 🌍 South Korea Maintains Crypto ETF Ban Despite SEC Approval
Despite the groundbreaking decision by the US SEC to approve the Spot Bitcoin ETF launch, South Korea stands unwavering in its commitment to restricting ETFs and maintaining a cautious approach to crypto assets. The country remains concerned about potential risks and threats associated with digital assets, reinforcing its ban on crypto investments since 2017.
3. 🛡️ Two-Part Crypto Regulation Underway in South Korea
Aligned with its careful regulatory approach, South Korea is actively working on a two-part crypto regulation. The first part, issued last year, focuses on specific aspects of crypto regulation, while the upcoming second part aims to establish comprehensive rules governing the issuance, listing, and delisting of virtual assets.
👉 South Korea's Crypto Regulatory Landscape: A Balance between Caution and Progress
🌐 Stay Informed, Stay Compliant! Follow The Blockopedia for Crypto Regulatory Updates!
#SouthKoreaCrypto #ETFApproved #trendingtoday #Cryptocurrency #crypto2024
Fake tweet caused a whirl wind in crypto community #CryptoNews🔒📰🚫 #cryptoindia #ETFsApproval #BinanceMissions #trendingtoday
LIVE
Coinpedia
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Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 ...
The post Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 Hours appeared first on Coinpedia Fintech News
The U.S. Securities and Exchange Commission (SEC) faced a major cybersecurity incident yesterday, causing disarray in the highly anticipated decision on Bitcoin exchange-traded funds (ETFs). A fake post claiming approval for the products, originating from a compromised SEC account on X, sent the cryptocurrency’s price soaring briefly before authorities launched an investigation.
How it Impacted the Crypto Market
The fake tweet caused an immediate surge in the Bitcoin price, which almost reached $48,000 at the time. Then, at 4:26 p.m., Gary Gensler, chair of the SEC, posted that the agency’s account had been hacked, resulting in an unauthorized fake tweet. At this point, the price of bitcoin was triggered to suddenly drop to $46,800 and fall to $45,881.
900 Million Liquidation Due to Fake News
The cryptocurrency market experienced a substantial drop in value after a fake approval post for spot exchange-traded funds (ETFs). Bitcoin’s market capitalization plummeted by approximately $50 billion within the last 24 hours, according to Coinglass data. The top cryptocurrency’s price dropped to $890 billion before recovering to around $900 billion at press time.
Security Measures
The incident has raised questions about the SEC’s security measures to protect its social accounts. Some market participants have criticized the regulator’s seemingly lax approach to protecting its social accounts and raised concerns about how the SEC can safeguard trillion-dollar markets if it cannot protect its social accounts.
The U.S. Securities and Exchange Commission (SEC) faced a major cybersecurity incident yesterday, causing disarray in the highly anticipated decision on Bitcoin exchange-traded funds (ETFs). A fake post claiming approval for the products, originating from a compromised SEC account on X, sent the cryptocurrency’s price soaring briefly before authorities launched an investigation.
How it Impacted the Crypto Market
The fake tweet caused an immediate surge in the Bitcoin price, which almost reached $48,000 at the time. Then, at 4:26 p.m., Gary Gensler, chair of the SEC, posted that the agency’s account had been hacked, resulting in an unauthorized fake tweet. At this point, the price of bitcoin was triggered to suddenly drop to $46,800 and fall to $45,881.
900 Million Liquidation Due to Fake News
The cryptocurrency market experienced a substantial drop in value after a fake approval post for spot exchange-traded funds (ETFs). Bitcoin’s market capitalization plummeted by approximately $50 billion within the last 24 hours, according to Coinglass data. The top cryptocurrency’s price dropped to $890 billion before recovering to around $900 billion at press time.
Security Measures
The incident has raised questions about the SEC’s security measures to protect its social accounts. Some market participants have criticized the regulator’s seemingly lax approach to protecting its social accounts and raised concerns about how the SEC can safeguard trillion-dollar markets if it cannot protect its social accounts.
🚀 Crypto Markets Skyrocket with a $100B Surge: Bitcoin Hits 21-Month High! 🌐💹
In an electrifying turn of events, the crypto market experiences a staggering $100 billion surge within 24 hours, fueled by Bitcoin's (BTC) remarkable climb to a 21-month high of over $47,000. 📈
✨ Altcoins like SOL and AVAX join the rally, reclaiming key levels and contributing to the overall market euphoria.
1. BTC Rockets to $47K: A Resilient Rebound!
After a brief period of consolidation around $44,000, Bitcoin initiated two powerful jumps, propelling its value above $47,000 for the first time since April 2022. Despite a volatile start to the year and speculations surrounding SEC decisions on ETFs, BTC's resilience shines through, with a current market cap surpassing $900 billion.
2. Altcoins Turn Green: SOL Hits $100, AVAX Soars 12%!
Following BTC's lead, altcoins experience a green wave. Solana (SOL) makes a significant comeback, surging 12% to reclaim $100, while Avalanche (AVAX) soars by a similar percentage, trading above $35. Other major altcoins, including Cardano, Polkadot, Polygon, Bitcoin Cash, ATOM, and ICP, showcase impressive gains.
💹 Market Snapshot: Ethereum approaches $2,300 with a 3% daily increase, while BNB surpasses $300 after a 2% jump.
📈 Market Cap Hits $1.720 Trillion: A New Milestone Unveiled!
The collective market cap of all crypto assets skyrockets to an impressive $1.720 trillion on CoinMarketCap, marking a significant milestone in the ongoing crypto resurgence.
🔍 Stay Informed, Stay Ahead: Get Your Daily Crypto Recap!
🌐 For more insights and real-time updates, follow The Blockopedia!
#trendingtoday #trending2024 #CryptoPredictions2024 #cryptocurrency #crypto2024
In an electrifying turn of events, the crypto market experiences a staggering $100 billion surge within 24 hours, fueled by Bitcoin's (BTC) remarkable climb to a 21-month high of over $47,000. 📈
✨ Altcoins like SOL and AVAX join the rally, reclaiming key levels and contributing to the overall market euphoria.
1. BTC Rockets to $47K: A Resilient Rebound!
After a brief period of consolidation around $44,000, Bitcoin initiated two powerful jumps, propelling its value above $47,000 for the first time since April 2022. Despite a volatile start to the year and speculations surrounding SEC decisions on ETFs, BTC's resilience shines through, with a current market cap surpassing $900 billion.
2. Altcoins Turn Green: SOL Hits $100, AVAX Soars 12%!
Following BTC's lead, altcoins experience a green wave. Solana (SOL) makes a significant comeback, surging 12% to reclaim $100, while Avalanche (AVAX) soars by a similar percentage, trading above $35. Other major altcoins, including Cardano, Polkadot, Polygon, Bitcoin Cash, ATOM, and ICP, showcase impressive gains.
💹 Market Snapshot: Ethereum approaches $2,300 with a 3% daily increase, while BNB surpasses $300 after a 2% jump.
📈 Market Cap Hits $1.720 Trillion: A New Milestone Unveiled!
The collective market cap of all crypto assets skyrockets to an impressive $1.720 trillion on CoinMarketCap, marking a significant milestone in the ongoing crypto resurgence.
🔍 Stay Informed, Stay Ahead: Get Your Daily Crypto Recap!
🌐 For more insights and real-time updates, follow The Blockopedia!
#trendingtoday #trending2024 #CryptoPredictions2024 #cryptocurrency #crypto2024