LIVEOvinda Isurunatha
@ugh_ovinda
Blockchain & Cryptocurrency Enthusiast | #BNB Holder
Following
Followers
Liked
Shared
FOMO is pushing Bitcoin up by 35%, and options trading indicates the possibility of more gains ahead
The price of Bitcoin is approaching its all-time high, driven by the launch of spot Bitcoin Exchange Traded Funds (ETF) that attracted institutional investors. Bitcoin is currently trading around $62,900, showing a 3% profit in the last 24 hours and a 22% profit in the previous week. Data from Deribit suggests an increase in bullish positions, with traders accumulating call contracts above $65,000. This surge in trading activity led to a jump in Implied Volatility (IV). Despite the bullish sentiment, there are warnings of euphoria taking over the market, potentially leading to short-term dips. Economist Alex Krüger predicts further gains up to $70,000 followed by a drop to $55,000. Overall, while there is optimism in the market, caution is advised due to the possibility of sudden volatility.
#BTC #TrendingTopic! #Write2Earn #TradeNTell #BinanceSquareExplorers
#BTC #TrendingTopic! #Write2Earn #TradeNTell #BinanceSquareExplorers
𝗦𝘁𝗮𝗴𝗲 𝟯: 𝗘𝗨𝗣𝗛𝗢𝗥𝗜𝗔 ⏳
Everything you own blows past ATHs. There used to be a new narrative every week, now there's a new one daily.
The private market gets crazy.
VCs announce $500m funds. They skip DD (due diligence) and race to deploy.
Every week a new company announces a $100M raise.
We’re mainstream again.
Forbes, Bloomberg, CNBC... they love crypto. Then weird things happen.
Fortune 500s buy $BTC . Athletes and artists get involved – crypto permeates mainstream culture.
Everyone starts to believe it’s going up forever; delusion seeps into decisions.
#Write2Eam #TrendingTopic! #TradeNTell #BTC #BinanceSquareExplorers
Everything you own blows past ATHs. There used to be a new narrative every week, now there's a new one daily.
The private market gets crazy.
VCs announce $500m funds. They skip DD (due diligence) and race to deploy.
Every week a new company announces a $100M raise.
We’re mainstream again.
Forbes, Bloomberg, CNBC... they love crypto. Then weird things happen.
Fortune 500s buy $BTC . Athletes and artists get involved – crypto permeates mainstream culture.
Everyone starts to believe it’s going up forever; delusion seeps into decisions.
#Write2Eam #TrendingTopic! #TradeNTell #BTC #BinanceSquareExplorers
🚨 Vanguard CEO Tim Buckley to step down.
Last month Vanguard banned all #Bitcoin ETFs from their platform, and their investors missed out on the most successful ETF launch in history.
#Wrtite2Earn #tradeNTill #BTC #EPF #BinanceSquareExplorers
Last month Vanguard banned all #Bitcoin ETFs from their platform, and their investors missed out on the most successful ETF launch in history.
#Wrtite2Earn #tradeNTill #BTC #EPF #BinanceSquareExplorers
Ethereum ETFs: The next big push for bull run.
The recent launch of Bitcoin ETFs has sparked a resurgence in the crypto market, attracting a wave of new investors and igniting a surge in trading activity. This positive momentum has created a ripple effect of optimism that transcends Bitcoin alone. Now, as the U.S. Securities and Exchange Commission (SEC) gears up to decide on a potential spot Ethereum ETF hit in May, anticipation is running high for another major milestone in the crypto space.
#Write2Earn #tradeNTill #ETH #BinanceSquareExplorers
#Write2Earn #tradeNTill #ETH #BinanceSquareExplorers
How $BTC upcoming halving differs from the crypto’s previous cycles
Increased institutional participation recently pushed bitcoin to a level near its record high, less than 50 days before the expected date of the halving. Bitcoin has rallied more than 40% so far this year to roughly $62,600, and is now less than 10% off of its all-time high of $68,990, reached in November 2021. This run-up is different from bitcoin’s historical pattern before halving, according to Martin Leinweber, digital-asset product strategist at MarketVector Indexes. Historically, bitcoin’s performance has been relatively muted in the two to three months before halving, Leinweber noted. Meanwhile, the Bitcoin blockchain is more secure now than it has been during previous halvings, according to Adam Swick, chief growth officer at bitcoin-mining company Marathon Digital Holdings Inc. MARA, +4.25% Bitcoin’s total hash rate, or the total computational power securing the blockchain, hit a record high of around 600 million terahashes per second in February, according to data from Blockchain.com.That helps alleviate some concerns around the security of the Bitcoin blockchain after the halving, as some miners may be forced to go offline when the rewards they get are cut in half, noted Swick. While halving is generally a boon for bitcoin’s value, the crypto’s price tends to be highly volatile while macroeconomic conditions are uncertain. That may apply in the current climate, as some investors are worried that progress in disinflation may stall, while it remains unclear when the Federal Reserve will start cutting interest rates#Wrtite2Earn #tradeNTill #BTC #BinanceSquareExplorers
BlackRock's Spot Bitcoin ETF Starts Trading in Brazil !!!!!
-The asset manager's geographic expansion of the iShares Bitcoin Trust ETF (IBIT) follows its successful introduction in the U.S. in January.
-BlackRock (BLK) has expanded trading of its spot bitcoin ETF, the iShares Bitcoin Trust ETF (IBIT), to Brazil.
-The fund started trading on the Brazilian stock exchange B3 on Friday.
-BlackRock's iShares Bitcoin Trust ETF (IBIT), by far the most successful of the 10 spot bitcoin exchange-traded funds, started trading on the Brazilian stock exchange B3, the company said.
-The asset manager announced the expansion on Thursday.
-"This is another opportunity for investors to include exposure to Bitcoin in their portfolios,” Felipe Gonçalves, B3's superintendent of interest and currency products, said in a statement.
-“The growing interest in the crypto market by investors from all over the world has sparked a search for options in the Brazilian capital market as well.”
#Write2Earn #tradeNTill #TradeWithConfidence #BTC #BinanceSquareExplorers
-The asset manager's geographic expansion of the iShares Bitcoin Trust ETF (IBIT) follows its successful introduction in the U.S. in January.
-BlackRock (BLK) has expanded trading of its spot bitcoin ETF, the iShares Bitcoin Trust ETF (IBIT), to Brazil.
-The fund started trading on the Brazilian stock exchange B3 on Friday.
-BlackRock's iShares Bitcoin Trust ETF (IBIT), by far the most successful of the 10 spot bitcoin exchange-traded funds, started trading on the Brazilian stock exchange B3, the company said.
-The asset manager announced the expansion on Thursday.
-"This is another opportunity for investors to include exposure to Bitcoin in their portfolios,” Felipe Gonçalves, B3's superintendent of interest and currency products, said in a statement.
-“The growing interest in the crypto market by investors from all over the world has sparked a search for options in the Brazilian capital market as well.”
#Write2Earn #tradeNTill #TradeWithConfidence #BTC #BinanceSquareExplorers
𝗦𝘁𝗮𝗴𝗲 𝟭 : 𝗥𝗘-𝗕𝗜𝗥𝗧𝗛 ✅
𝗦𝘁𝗮𝗴𝗲 𝟮 : 𝗘𝗫𝗖𝗜𝗧𝗠𝗘𝗡𝗧 📍
The bear market has officially ended. Your coins are nearing all-time highs. Some have even blown past ATHs.
Everyone in crypto understands that we are officially in a bull.
But it's funny, your normie friends still aren't texting you.
You're a weird combo of excited and anxious. Your stack is growing but you feel like you don't own enough coins.
Your company starts hiring. You start ordering guac at Chipotle again.
Life is good. All your crypto friends are winning.
This is the calm before the storm.
#Write2Earn #tradeNTill #TrendingTopic! #BTC #BinanceSquareExplorers
𝗦𝘁𝗮𝗴𝗲 𝟮 : 𝗘𝗫𝗖𝗜𝗧𝗠𝗘𝗡𝗧 📍
The bear market has officially ended. Your coins are nearing all-time highs. Some have even blown past ATHs.
Everyone in crypto understands that we are officially in a bull.
But it's funny, your normie friends still aren't texting you.
You're a weird combo of excited and anxious. Your stack is growing but you feel like you don't own enough coins.
Your company starts hiring. You start ordering guac at Chipotle again.
Life is good. All your crypto friends are winning.
This is the calm before the storm.
#Write2Earn #tradeNTill #TrendingTopic! #BTC #BinanceSquareExplorers
