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🔍 Arkham Intelligence reveals Grayscale's BTC transfers since ETF launch on Jan 11: 266,470 Bitcoins moved for GBTC redemptions. ⏳ GBTC may run out of Bitcoin in 96 days at current redemption rate. 📈 Grayscale transfers BTC at a rate of 25.9K per week. 🔄 Grayscale considering fee reduction and mini ETFs, says Chinese journalist Colin Wu. 💬 Grayscale CEO expects GBTC fees to decrease over time as market matures. 💰 Bitcoin trading at $64,367, with a 0.47% increase in 24 hours and 2.15% in 7 days. Monthly surge: 26.16%. #BTC🔥🔥🔥🔥 #ARKMAnalysis #MK_Crypto

🔍 Arkham Intelligence reveals Grayscale's BTC transfers since ETF launch on Jan 11: 266,470 Bitcoins moved for GBTC redemptions.

⏳ GBTC may run out of Bitcoin in 96 days at current redemption rate.

📈 Grayscale transfers BTC at a rate of 25.9K per week.

🔄 Grayscale considering fee reduction and mini ETFs, says Chinese journalist Colin Wu.

💬 Grayscale CEO expects GBTC fees to decrease over time as market matures.

💰 Bitcoin trading at $64,367, with a 0.47% increase in 24 hours and 2.15% in 7 days. Monthly surge: 26.16%. #BTC🔥🔥🔥🔥 #ARKMAnalysis #MK_Crypto

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- Layergg's analysis on current crypto market conditions: - 📉 FUD factors after Bitcoin halving: - Ethereum spot ETF rumors - USA seeks prison sentence for CZ - Mt. Gox's $9B Bitcoin refunds - Possible interest rate cut delays - SEC's "Wells Notice" to ConsenSys - DTCC "haircut" FUD - Forbes' "Zombie Coins" list - FBI warning against unregistered crypto brokers - SEC postpones Bitcoin ETF options decision - 📰 Pessimistic sentiments dominate news feeds post-halving. - Layergg's bullish stance on crypto: - 🐂 Encourages investors to capitalize on market opportunities. - 💼 Markets experience healthy corrections during bull runs. - Bullish factors highlighted: - 🚀 Bitcoin ETF Approval - 💻 Dencun Upgrade (EIP-4844) - ⛏️ Bitcoin Halving - 💰 Rising Stablecoin Market Cap - Potential market catalysts: - 🎮 Release of AAA Web3 games - 🏢 Global companies entering crypto space - 🏦 Traditional financial institutions' influx - 🇺🇸 US coinage - 📈 Approval of Ethereum ETF - 🗳️ Upcoming US presidential elections - Layergg's optimistic conclusion: - 🎉 Those who wait patiently will ultimately succeed.
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📈 April: A Turning Point for Cryptocurrencies 📈 April is crucial for cryptocurrency market ⛏️ Bitcoin halving expected to trigger bullish trends 🐂 Long-term bullish sentiment in the industry 💹 Multiple digital assets may see sustained buying pressure 💰 Two cryptocurrencies likely to surpass $100 billion market cap: BNB and Solana $BNB 🏦 Native token of Binance 🔥 Burning mechanism reducing supply 📊 Positive Q1 metrics crucial for valuation 🎯 Currently at $87 billion market cap, aiming for $100 billion $SOL 💪 Resilient despite network outages 💱 Record-breaking DEX trading volume 📈 Investor confidence strengthening 🚀 Expected to reach $100 billion with 25% increase 📈 Both depend on bullish market momentum ⚠️ Disclaimer: Not investment advice, speculative risk involved #MK_Crypto
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🐋 Bitcoin $BTC Whale Alert: A 10-Year Dormancy Ends! 🚀 💰 A Bitcoin (BTC) address holding 1,701 BTC, worth $115.41 million, inactive since 2014, made a 50 BTC transaction on April 6. 🕰️ Legacy address, starting with '1,' identifiable as '1CLxm…1oeUZ,' spent 2,570 BTC in 2014. 💼 Received 4,272.29 BTC over its history, now valued at nearly $300 million. 📢 Whale Alert on X (formerly Twitter) noted the activity; data retrieved from mempool.space and TradingView. 🛠️ Foundry USA added the transaction to block height 837,959, with minimal fees. 🔁 Used a UTXO of 245.99 BTC to send 50 BTC to another legacy address '1PRRE…sGjRo.' 🔄 Received 195.98 BTC change in a modern SegWit address 'bc1qg…fxrk7,' suggesting a wallet update. What Does It Mean for Bitcoin Investors? 📉 Investors should monitor this whale to avoid unexpected sell-offs. 🐳 Cryptocurrency whales can influence prices significantly. ❓ It's unclear if this is balance management or profit realization after 10 years. 📉 Dormant whale activity is a valuable market indicator, potentially signaling bearish sentiment. #BTCHalvingApril2024
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💥 Bitcoin $BTC Price Collapse: Key Points and Reasons 💔 💰 Bitcoin's price plummeted to $66,013 on Bitstamp exchange. 📈 Sixth consecutive month of gains, matching 2012's record. 💸 Currently trading at $66,761, down over 4%. Reasons for Crash: 💼 Bitcoin ETF outflows hit $302 million on Apr. 1. 💸 Overall ETF outflow totaled $85.7 million. 💰 Bond traders pricing in fewer Federal Reserve rate cuts, reducing Bitcoin's appeal. 📉 Odds of June rate cut drop below 50%. 📉 Disappointing inflation data suggests postponing rate cuts. Crypto Liquidations: 💥 Over $500 million liquidated in 24 hours. 💥 Long positions dominate ($417 million). 💥 155,000 traders liquidated, largest order at $7.48 million.
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📈 Fetch.ai ($FET ) has surged 203.01% in the last month, hitting $3.29, marking a new ATH. 📊 Market cap rose by $1.87 billion to $2.75 billion, making it the 51st largest crypto asset. 💹 FET saw an 8.92% increase in 24 hours and a 24.67% gain in the previous seven days. 🗓️ Yearly rally stands at an impressive 708.62%, from $0.4558 a year ago. 🔄 Speculation surrounds a potential token merger with SingularityNET ($AGIX ) and Ocean Protocol ($OCEAN ), boosting FET's rally. 🔍 Analysts predict FET's potential to challenge for a new ATH. ⚠️ Caution advised; investing in volatile markets like AI crypto requires thorough research. #MK_Crypto
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