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On Feb 07, 2024, 12:39 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 43,000 USDT benchmark and is now trading at 43,007.378906 USDT, with a 0.23% increase in 24 hours.
The price is trading in an uptrend, staying above the 200ema. Currently, the price is trading over a support zone, indicating a strong foundation for further upward movement.• Additionally, we have recently witnessed a breakout of a trendline, along with the observation of a double bottom pattern. These patterns further reinforce the expectation of bullish momentum.• To enter a long position, it would be wise to wait for the price to break above the $1.174 level. This breakout could potentially lead to significant upside movement.
Analysts predict that the price of Bitcoin in 2024 will rise to $USD 200.000, don't worry!
Bitcoin (BTC) price swings in the last two weeks have wreaked havoc on investors' portfolios. However, the price of bitcoin is currently predicted to be on the verge of a massive movement. Crypto analyst Alben Weeks issued the latest bitcoin price prediction and in this prediction he estimates that Bitcoin will enter a bullish trend during 2024. The percentage increase will reach 383 percent from the current price. Bitcoin Price Prediction According to Alben Weeks In his explanation, Weeks dared to predict that the price of Bitcoin (BTC) in 2024 would rise to 200 thousand US dollars. What basis does Weeks use in explaining his predictions? He pointed to several key drivers. Among these are the increase in adoption by institutional investors, the 2024 Bitcoin halving event, and the fear of being left behind (FOMO) from many retail investors. In particular, Weeks highlighted the proliferation of Bitcoin ETFs. He noted that assets from mainstream funds would likely flow into Bitcoin ETF products before the halving. When large companies like ARK Invest and BlackRock now offer spot ETFs, the capital potential is very large.
Meet man who has earned Rs 2 lakh crore in few days,
not Mukesh Ambani, Adani, Elon MuskBillionaires in the world have been expanding their businesses. They earn billions of dollars every single day. One such person who has earned over Rs 2 lakh crore (USD 28 billion) in a few days is Meta CEO Mark Zuckerberg. The 39-year-old is now wealthier than Microsoft co-founder Bill Gates. Zuckerberg saw a rise in his wealth after Meta released fourth-quarter earnings. Following this, the company saw a 22 per cent surge in stock. According to Forbes, Zuckerberg has a real-time net worth of USD 161.8 billion (Rs 1343380 crore). He is in the 4th spot in the list of world's real-time billionaires list. In comparison, Bill Gates is in the 7th position with USD 123.1 billion.Zuckerberg will also receive roughly USD 174 million in cash when the company pays its first dividend in March. He now owns about 13 per cent of the company's stock. The company is currently worth USD 1.18 trillion as of February 6. Zuckerberg will earn more than USD 690 million annually if Meta maintains its 50 cent quarterly dividend.In January 2019, Zuckerberg purchased USD 59 million worth of waterfront property on Lake Tahoe in California. He started Facebook at Harvard in 2004 at the age of 19. The platform was initially started for students to match names with photos of classmates.
Do you want to know the most indicative signal for potential crypto spot ETFs?
🫡It's as simple as checking which crypto assets have tradable futures on CME.In its order approving the Bitcoin ETF on January 10th, the SEC mentioned: "... the Commission is able to conclude that fraud or manipulation that impacts prices in spot bitcoin markets would likely similarly impact CME bitcoin futures prices."This suggests that the SEC itself acknowledges the possibility of market manipulation in regulated futures, potentially weakening this sole argument against ETF approval.
And guess which other crypto has futures on CME?
Ethereum.Not only that, Ethereum also has SEC-regulated ETFs hedged by CME's futures.The Ethereum spot ETF is coming.
Binance has reclaimed the title of the top Bitcoin futures market from the Chicago Mercantile ExchangeBinance has once again reclaimed the title of the leading exchange in terms of open Bitcoin futures trading volume from the Chicago Mercantile Exchange. According to market data, the volume of open futures contracts on Binance is currently around 105,000 Bitcoins and on the Chicago Mercantile Exchange is around 101,000 Bitcoins. Of course, this data represents a key trend in the shift of capital from Bitcoin futures to spot ETFs. So that the approval of spot bitcoin ETFs has led to a 30% decrease in the volume of open transactions on the Chicago Mercantile Exchange.
Time is running outThe Pre-Halving period (orange) where pullbacks tend to occur is ending in one weekOnly one week left for any additional downside before the Pre-Halving rally period begins (light blue)
update for bullish peopleIn case #BTC break the line 1st resistance around 43500$ then will drive to the 2ond resistance which is 43900$ And in case of a break of the resistance at 43900$ break then #BTC will go at least at the price of 47300$PAY ATTENTION, BE AWAREfor #BTC to succeed that uptrend need many buyers cause resistance is very strong as i wrote earlier in my profile so..... in case you want to open a long possition be aware that you need also to see a
1) HIGH VOLUME
2) AFTER
#BTC break resistance at around 44k need to stay there a keep support, if rejected from that resistance then it will see a huge aggressive dump and all you will get liquiatedI Dont reccomend long possition until we see a break out above 44k, its risky.
This is not a financial advice, take ur own risks, make your own search.
current price BTC at 42870$Reccomended entry possition at 43600k in case BTC break resistance at 44k and come back to 43.5k 43.6k to retest and get more buyers.
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$SOL Solana Game is about to end. 🚨A GameStop-inspired Solana meme coin launched in late January has followed the rollercoaster-like trajectory of the video game retailer’s own meme stock in recent years, surging last week before falling just as quickly. It’s back on the rise now—and even Tuesday’s Solana network outage couldn’t slow its roll.GME, the unofficial GameStop-themed meme coin, has jumped 91% over the past 24 hours, according to data from CoinGecko, at a current price above $0.0096. The token briefly popped above $0.011, approaching its all-time high price point from last week, but has since settled.The GME token is relatively small, with 24-hour trading volume of just over $14 million and a market cap of about $65 million. Compare that to over $1.8 billion in trading volume for Solana (SOL) during that same span and a market cap above $42 million.Meme coins are famously volatile, and their prices fluctuate violently during their oft-brief time in the trading spotlight. But GME has persisted longer than many topical meme coins created to hang on a news event or a public figure, like Elon Musk or Charlie Munger.And early Tuesday, even Solana’s nearly five-hour network outage didn’t impede GME’s latest pump. The coin was up substantially overnight and then briefly dipped after the network returned online before continuing its daily pump.GameStop had made its own moves in the crypto world, including running an NFT marketplace from 2022 until just last week, when it was discontinued on February 2. The retailer also had its own crypto wallet, which was discontinued last fall.But this Solana meme coin appears to have no official connection to the gaming brand, which did not reply to Decrypt’s request for comment last week.DisclaimerThe views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.#Solana #RONIN #TrendingTopic
Disclaimer: Includes third-party opinions. No financial advice.
🔌The Solana network status page displayed “major outage” for about 5 hours, with a notice stating: “Engineers from across the ecosystem are investigating an outage on mainnet-beta” as of 10:22 a.m. UTC.This isn’t the first time the Solana network goes down but it’s the first time in a long time.In February 2023, the network went down for almost 20 hours. It happened just months after Solana co-founder Anatoly Yakovenko said that the forthcoming Firedancer client offered a “long-term fix” to address the issue.
Greeting Everyone,After running the Poll for 24hr most of our members were interested in the analysis of SOL. Here is the detailed analysis of SOL.SOL is currently up from the daily demand zone but is currently facing trendline resistance on daily the lower trendline is also acting as support for the bullish momentum of SOL it needs a successful breakout.Now If we look it on 1hr it is trading in a range currently in the hourly support zone given moves from here couple of times if able to flip the upper resistance region can give further bullish move.