History Doesn’t Repeat Itself, but It Often Rhymes.

🚀 Epic bull market is coming soon - onwards and upwards!

Ht / Szabo Tamas

#bitcoin #crypto #web3 #BTC #etf

Latest updates for roadmap of Ethereum 👇

1. The role of single slot finality (SSF) in post-Merge PoS improvement is solidifying
2. Cross-rollup standards and interop has been highlighted as an area for long-term improvements
3. The Scourge has been redesigned somewhat
4. Verkle trees are coming closer to being ready for inclusion
5. "State expiry" has been shrunk, to reflect a general consensus
6. Deep crypto and delay-encrypted mempools have been added

You can read more here: https://lnkd.in/ebHvreEJ

#ethereum #vitalik #eth #upgrade #crypto

$2.25 billion was invested in crypto Exchange Traded Products (ETPs) in 2023

That's the only number you need to know to fully understand what happened with the crypto industry in 2023.

In 2023, we had 3rd largest year of capital inflows into crypto, looking at the data back to 2017.

The inflows in 2023 were 2.7x the inflows seen in 2022.

The inflows started when the SEC started seriously considering the approval of the launch of spot Bitcoin ETF in the US.

Big "thank you" to James Butterfill, head of research at CoinShares for this amazing info.

You need to learn about the secret behind today’s Bitcoin crash 📉 of 10%

I promise it won’t take you more than 2 minutes. 👇

Traders often use leverage to increase the potential profit of trade, hence those transactions are done on a margin.

Traders open a margin account by signing a "margin agreement" under which the crypto in the account is pledged to the exchange or brokerage firm.

In return for the pledge, the broker loans the portion of funds to the trader in order to establish those trades.

When the prices move against the trader, in addition to putting an initial margin payment for establishing his trade, the trader is also required to deposit additional funds in the margin account to maintain his positions - thus the term "margin call".

If the trader's account value falls below the required minimum maintenance level, a broker has the legal right to liquidate those positions in order to cover the margin call.

Crypto traders today use sophisticated algorithms to make trading decisions and the ability to make consistent profits largely depends on speed.

This paradigm shift has also changed the way brokers handle the liquidations of their client's positions.

Brokers use real-time liquidation procedures, the so-called auto-liquidation algorithms, and automated trading strategies that immediately alleviate clients' margin deficiency.

The broker tracks cash funds in real-time and if at any point the cash balance falls below the margin balance, the algorithm automatically liquidates positions by sending off-setting transactions to close the open positions and decrease margin deficiency.

broker's clients have little to no control over the auto-liquidation algorithms, but they are responsible for any losses resulting from this process.

Auto-liquidation provides clear benefits to both client and broker, as it monitors losses in real-time and prevents unexpected margin deficits.

Complete automation has its own challenges because a trading algorithm can go awry and cause huge damage.

#btc #liquidation #PerpetualFutures #leverage #Derivatives

On this day, 15 years ago, the first Bitcoin block was created

Satoshi launched Bitcoin with the Genesis block and inscribed the headline of The Times “Chancelor on brink of second bailout for banks”.

Happy 15th birthday 🎂🎁🎊🎈🎉 to Bitcoin.

#satoshi #bitcoin #btc #blockchain #genesis

Top 10 Bitcoin hodlers in the world 🌎

With only 1 BTC, you too can be part of the 1%.

More and more liquidity will chase an asset with finite supply.

Hold your Bitcoins and think long term*.

Big “thank you” to dear friend Clément Sclippa for showing me this picture.

#microstrategy #satoshi #bitcoin #etf #btc

It’s a matter of hours till SEC approves the launch of spot Bitcoin ETF

World’s biggest asset managers all want to launch spot Bitcoin Exchange Traded Fund.

There are 13 applications:
- Grayscale Investments
- Ark Invest
- 21Shares
- BlackRock
- Bitwise
- VanEck
- Wisdom Tree
- Invesco
- Fidelity
- Valkyrie
- Global X
- Hashdex
- Franklin Templeton
- Pando Asset Management

Here’s what you can expect when the regulator approves the launch:

1. Mainstream media will make a lot of noise about the approval and everyday people will be bombarded with information
2. Crypto markets will be extremely volatile and illiquid
3. Speculating in Bitcoin will be destroy your trading account because people are very bad at trading the news 🤷‍♂️
4. There likely won’t be a massive price increase - I expect Bitcoin to whip up to $50’000 - and it will take time for liquidity to come into the markets
5. $40 billion of liquidity will flow in the spot Bitcoin ETF over a period of 3 years (h/t to Galaxy for reseach)

Brace yourself because the biggest bull market 📈 is coming and it’s going to be an amazing 2024 for the whole crypto industry.

#spot #etf #bitcoin #sec #approval

Sam Bankman-Fried stole $8 billion of FTX client money.

He also donated $100 million in stolen client funds to US politicians.

Who exactly got that money? Nearly all politicians…

The US Government decided to drop his political campaign finance violations and won’t make any further investigation.

They won’t clawback the politicians for victims money.

Full list of politicians who got money from SBF: https://lnkd.in/dX6vdwzn

I say this is absolutely scandalous & inappropriate action by DOJ to let politicians of the hook.

Stolen money should be clawed-back.

#sbf #ftx #usgovernment #doj #politics

Follow 👉 me & share ♻️ with your network.

Happy New Year to my dear friends, partners, and colleagues.

I am thankful for your support, collaboration, and drive to make the best of a very challenging 2023.

I am wishing everyone a successful crypto journey in 2024 - onwards and upwards!

#happynewyear #2024outlook #crypto #web3 #community