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Giannis Andreou
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Over $855 million has been liquidated from the #Bitcoin and crypto market in the last day.
Over $855 million has been liquidated from the #Bitcoin and crypto market in the last day.
Disclaimer: Includes third-party opinions. No financial advice.
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Hong Kong set to approve spot #Bitcoin & Ethereum ETFs by Monday - Bloomberg Up to $25 Billion in demand for Bitcoin from China is expected to be unlocked.
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The Ethereum Spectra hard fork introduces smart wallets and EIP-3074, aiming to enhance user experience and security on the Ethereum network. Smart wallets enable easier and safer transactions by allowing users to set spending limits and revoke permissions for specific actions. EIP-3074 improves contract interaction by reducing the risk of accidental token transfers. These upgrades signal Ethereum's commitment to innovation and user protection.
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TD Bank subsidiary releases commercial explaining the #Bitcoin halving and promotes spot Bitcoin ETFs after
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Renowned investor Tim Draper forecasts a $250,000 price target for Bitcoin by 2024. Draper's optimistic outlook stems from his belief in Bitcoin's long-term potential, citing its scarcity and utility as key factors. This bold prediction underscores growing confidence in Bitcoin's role as a store of value and investment asset, with Draper joining a chorus of voices advocating for its continued growth.
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Bitcoin surged post-release of Consumer Price Index (CPI) data, while Grayscale Investments saw its outflows drop to record lows. The CPI report's positive impact on Bitcoin suggests its appeal as an inflation hedge, while Grayscale's reduced outflows hint at renewed institutional interest in the cryptocurrency. This development signals a potentially bullish sentiment in the market, with investors keeping a close eye on these trends amidst broader economic shifts.
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