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$TAO Bittensor (TAO) Price Prediction 2024, 2025, 2030, 2035 | Is TAO Worth Buying? #TAO #Bittensor
$TAO Bittensor (TAO) Price Prediction 2024, 2025, 2030, 2035 | Is TAO Worth Buying?
#TAO
#Bittensor
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"Rich Dad Poor Dad" Author Makes Stunning Bitcoin Price Prediction
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'Cardano Is Here to Stay': ADA Creator Shuts Down Skeptics in Epic Rant Charles Hoskinson, the creator of Cardano ADAUSD, recently addressed criticisms from crypto influencers and media, highlighting a disconnect between public perception and the project's actual progress. He emphasized Cardano's significant advancements and bright future, particularly with the upcoming Chang Hard Fork, set for the second half of 2024. Hoskinson outlined the event as a key milestone for Cardano's move toward decentralized governance, calling it "the most significant hard fork in the history of the project." This event will kickstart a three-stage process to enhance the blockchain's brand new governance system. The first stage involves the introduction of "delegate representatives," who will be elected to represent the Cavrdano community. This mechanism allows users to delegate their ADA holdings, encouraging greater and more transparent community participation. Never in my career have I seen such a profound disconnect between reality and opinion with the cryptocurrency influencer and media perception of Cardano versus its actual fundamentals. We are on the verge of the most significant hard fork in the history of the project, tons of…— Charles Hoskinson (@IOHK_Charles) June 6, 2024 #Write2Earn! Friendly Reminer : A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. i believe you can do it 😎 like and follow to support me👍
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The Kingfisher responded to Sahra’s skepticism, acknowledging the anomaly: “That’s right, the funding remains fairly positive though. This suggests that while a carry trade could be in play, it’s not the dominant force in the market. Other factors, like bullish sentiment or other buying pressures, might be offsetting the expected downward pressure on funding rates from the carry trade.” At press time, BTC traded at $70,803.
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Why Is The Bitcoin Price Not Going Higher? Crypto trading analytics platform The Kingfisher offered an explanation via a post on X, suggesting that a carry trade strategy might be influencing the price dynamics. According to their analysis, “The BTC ETF inflows didn’t affect the price as much as you hoped it would? It might be due to a carry trade being loaded up. Short Futures + Buy Spot/ETF.” $BTC A carry trade in this context involves shorting Bitcoin futures while simultaneously buying spot Bitcoin or Bitcoin ETF shares. This strategy can hedge against potential price volatility and exploit discrepancies between futures prices and spot prices. #Write2Earn! Friendly Reminer : A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. i believe you can do it 😎 like and follow to support me👍
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Is The Bitcoin Price Manipulated? Experts Explain ‘Small’ Impact Of ETF Inflows The US spot Bitcoin Exchange-Traded Funds (ETFs) have been witnessing a historic run of inflows, marking 17 consecutive days of net additions. On a particularly notable Tuesday, these ETFs observed inflows totaling a staggering $886.6 million, ranking it as the second-highest single-day influx since their introduction. $BTC This was followed by another significant day of inflows yesterday, amounting to $488.1 million, with notable contributions from major financial players like Fidelity ($220.6 million), Blackrock ($155.1 million), and Ark ($71.4 million). Despite these hefty capital injections, the price of Bitcoin has demonstrated a relatively subdued response, inching from $68,000 to $71,000 since the beginning of the week. The muted price movement in the face of substantial ETF inflows has puzzled many market participants and analysts. Typically, such inflows are expected to exert a stronger upward pressure on Bitcoin prices. However, the observed price dynamics suggest that other counteracting factors might be at play. #Write2Earn! Friendly Reminer : A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. i believe you can do it 😎 like and follow to support me👍
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