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Caroline Revier FsG6
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#Megadrop #bitcoinhalving #BullorBear #wirte2Earn Bitcoin suddenly surged to $65k, after falling to $59k just a few hours before. Strong price fluctuations occurred in the context of just a few hours left until the Halving event. BTC price has dropped below the key $60k level. This follows reports of an explosion that occurred near Isfahan, close to the Iranian city’s airport. The reports originated from FARS, a semi-official news agency in the country, citing local sources. However, Spectator Index has now reported that a senior Iranian official said there are no immediate plans to retaliate. The market received this news positively, with Bitcoin price skyrocketing to $65k, marking an 8% recovery from the previous low. BREAKING: Iranian official tells Reuters there are no plans for retaliating against Israeli strike According to CryptoQuant’s latest analysis, Bitcoin miners’ reserves have dropped significantly, reaching their lowest level since April 2021. Such a trend, especially pronounced since November, often depicts selling pressure increase in crypto assets. Another “worrying trend” is that active addresses have not kept pace with Bitcoin price increases this month. At the same time, the crypto analytics platform also observed an increase in returns among short-term Bitcoin holders, mirroring the pattern witnessed during previous market peaks. This wave of profit realization could indicate a key turning point for its price trajectory. 2024 saw retail investors rush to discover Bitcoin ETFs in large numbers, which caused a surge that pushed the price above $74,000. However, the subsequent downturn resulted in weekly losses of more than 15% and hundreds of millions of dollars in liquidation, leaving investors concerned. However, the upcoming wave of retail investors could align with the halving event, potentially sparking an even more significant rally for Bitcoin. More than 93% of Bitcoin has been mined, marking a major milestone as the leading crypto asset anticipates its fourth halving event, which is expected to be just a month away.

#Megadrop #bitcoinhalving #BullorBear #wirte2Earn Bitcoin suddenly surged to $65k, after falling to $59k just a few hours before. Strong price fluctuations occurred in the context of just a few hours left until the Halving event. BTC price has dropped below the key $60k level. This follows reports of an explosion that occurred near Isfahan, close to the Iranian city’s airport. The reports originated from FARS, a semi-official news agency in the country, citing local sources.

However, Spectator Index has now reported that a senior Iranian official said there are no immediate plans to retaliate. The market received this news positively, with Bitcoin price skyrocketing to $65k, marking an 8% recovery from the previous low.

BREAKING: Iranian official tells Reuters there are no plans for retaliating against Israeli strike

According to CryptoQuant’s latest analysis, Bitcoin miners’ reserves have dropped significantly, reaching their lowest level since April 2021. Such a trend, especially pronounced since November, often depicts selling pressure increase in crypto assets.

Another “worrying trend” is that active addresses have not kept pace with Bitcoin price increases this month. At the same time, the crypto analytics platform also observed an increase in returns among short-term Bitcoin holders, mirroring the pattern witnessed during previous market peaks.

This wave of profit realization could indicate a key turning point for its price trajectory. 2024 saw retail investors rush to discover Bitcoin ETFs in large numbers, which caused a surge that pushed the price above $74,000.

However, the subsequent downturn resulted in weekly losses of more than 15% and hundreds of millions of dollars in liquidation, leaving investors concerned. However, the upcoming wave of retail investors could align with the halving event, potentially sparking an even more significant rally for Bitcoin. More than 93% of Bitcoin has been mined, marking a major milestone as the leading crypto asset anticipates its fourth halving event, which is expected to be just a month away.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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#BinanceLaunchpool #bitcoinhalving #Token2049 #write2earn🌐💹 #Megadrop A recent Bloomberg News article suggests that optimistic Bitcoin traders are dialing back their bets on the leading cryptocurrency as two significant driving forces – robust inflows into U.S. spot Bitcoin ETFs and the hype surrounding the Bitcoin halving event – lose steam. As reported by Bloomberg, the Bitcoin funding rate, which represents the premium traders pay to open new long positions in the perpetual futures market, dipped into negative territory on April 19, marking the first such occurrence since October 2023. This shift implies a cooling of demand for Bitcoin following a period of all-time highs propelled by the launch of ten US-listed spot Bitcoin ETFs on January 11. Source: Coinalyze Bloomberg says that Bitcoin hit a peak of $73,798 in March but has since experienced a nearly 13% correction, trading at $64,214 as of Thursday morning in London. Source: TradingView The waning enthusiasm for Bitcoin among buyers is partly attributed to increasing risk aversion stemming from tensions in the Middle East and expected delays in Federal Reserve rate cuts, according to the article. Julio Moreno, Head of Research at CryptoQuant, is quoted saying that the negative funding rate indicates a decreased desire among traders to open long positions. Bloomberg also cites Vetle Lunde, an analyst at K33 Research, who pointed out that the current 11-day streak of neutral-to-below-neutral funding rates is uncommon, as previous dips were quickly followed by an influx of leveraged bets. Lunde suggests that this prolonged period of discounted perpetual futures could signal further price consolidation. The article highlights that the decrease in the Bitcoin funding rate coincides with a decline in daily inflows into the US-based spot Bitcoin ETFs. Bloomberg’s data shows that these ETFs have attracted a net inflow of $170 million so far this month, a significant drop compared to the $4 billion they garnered during the same number of trading days in March.
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BINANCE'S MEGADROP PROJECT - START EARNING BIG! What? A Token Launch Platform with Airdrops and Web3 Quests? There are not so many good platforms for earning airdrops in the blockchain space. The biggest ones are Galxe, Layer3, Zealy, Intract...ect. But all of them work on one principal: do social tasks do onchain tasks swap tokens earn OATs,NFTs, points But when it comes to earning big, the BIGGEST player comes in...Binance! One of the major differences is the utility! Binance puts in action the BNB token! Scarce with huge utilities, gas token and now....staking for airdrops! Not only you stake your BNB for early participation in new unlisted tokens on the platform, but "Megadrop" tool comes in action with another groundbreaking solution to boost your chances and tokens with SOCIAL TASKS via Binance web3 wallet. That's what I call mega utility and endless earning possibilities! Risks? What risks? This is Binance and your funds are SAFU! The key difference between Binance and other platforms for the staking token option is that the others have a staking period for example - 30 days and for these 30 days you cannot withdraw your locked funds. This is not the case with Binance platform - you can decide to withdraw your funds anytime and this can happen for 48-72h tops! In bad market conditions timing is crucial so this feature and option is important for the investors. So enjoy the new benefits starting from next week! Another important feature - when you lock your BNB in locked staking products in the platform it automatically works for both products - the new one - "Megadrop" and the Launchpool. So you won't miss a single $$$! #Megadrop #bitcoinhalving #Token2049 #write2earn🌐💹
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$XRP AI predicts XRP price for May 1, 2024 Trending As a consequence of regulatory pressure with the ongoing legal dispute between the Securities and Exchange Commission (SEC) and Ripple Labs, XRP was unable to capitalize on the 2024 cryptocurrency market rally, failing to achieve meaningful growth regardless of numerous breakout attempts.  As of April 18, XRP price today hovers around $0.494, up by approximately 0.47% over the past 24 hours.  However, this marginal gain is offset by the fact that the token has lost a considerable amount from of value from its market cap over the last seven days falling from above $33 billion to below $28 billion as its price decreased by 19.01% in the last week. XRP 7-day price chart. Source: Finbold This recent downturn has pushed the token’s market capitalization to $27.270 billion, at the time of publication. Meanwhile, the cryptocurrency expert, known as CoinsKid, expressed a bearish view around XRP on April 17. #bitcoinhalving #Megadrop #Token2049 #write2earn🌐💹 #XPR
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#write2earn🌐💹 #bitcoinhalving #Megadrop #Token2049 #erite2earIs the Bitcoin Halving Already Priced In? JPMorgan Expects Bitcoin to Tank After the Upcoming Event On April 20, or when a Bitcoin miner mines block number 840,000, the amount of Bitcoin (BTC) entering into circulation will be reduced by half from about 900 a day to a mere 450. Institutional investors’ strong demand for purchasing the new spot Bitcoin exchange-traded funds (ETFs) and BTC’s history of displaying a parabolic uptrend after supply-halving events are the reasons why investors highly anticipate this week’s event. However, analysts from JPMorgan have suggested that the quadrennial halving is already priced in. As such, they expect the Bitcoin price to see a massive dump after the event instead of pumping. Bitcoin Halving Rally Priced In JPMorgan sees a Bitcoin downturn after the incoming halving as the event is likely priced in.
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According to the latest updates, Bitcoin Exchange-Traded Funds (ETFs) experienced a net withdrawal of $59.3 million on April 16th, marking the third consecutive day of negative capital flows for these funds. Among these, BlackRock’s iShares Bitcoin ETF (IBIT) managed to attract only $25.8 million, a modest amount compared to expectations. Meanwhile, Grayscale’s GBTC saw an outflow of $79 million, and Ark’s Bitcoin ETF also experienced withdrawals, with $12.9 million leaving the fund. These movements occurred in a context where Bitcoin prices remained below the $64,000 mark, as the cryptocurrency market struggled to gather momentum just three days before the much-anticipated halving event. Although capital outflows from IBIT are slowing, Eric Balchunas, a senior ETF analyst at Bloomberg, predicts that this fund is likely to surpass GBTC in total assets by the end of the month. Currently, GBTC has dropped to just over $2 billion, while BlackRock’s Bitcoin ETF continues to attract investment. However, Balchunas also highlighted that an “odd rally” in Bitcoin could delay this shift.#bitcoinhalving #BinanceLaunchpool #BullorBear #Memecoins #write2earn🌐💹
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