**Bitcoin ETFs See Record Inflows, Boosting BTC Price to New Highs**
On October 14, Bitcoin exchange-traded funds (ETFs) in the U.S. experienced their largest single-day inflows in over 120 days, with more than half a billion dollars invested. This surge pushed Bitcoin's price to over $67,800, its highest in more than three months.
Nate Geraci, president of ETF Store, called it a landmark day, noting that net inflows for spot BTC ETFs are nearing $20 billion over the past 10 months. Leading the charge was the Fidelity Wise Origin Bitcoin Fund with $239.3 million, followed by Bitwise Bitcoin ETF and BlackRock’s iShares Bitcoin Trust.
Experts attribute this surge to factors like the upcoming U.S. election, easing recession fears, and increasing institutional interest. Nearly half of traditional hedge funds now have digital asset exposure, up from 29% in 2023.
Institutional investors are playing a significant role, with Bitcoin ETFs nearing $20 billion in inflows, a milestone gold took over four years to reach. This institutional adoption is crucial for Bitcoin's growth, potentially positioning it as a prominent asset class.
🚀 Big news in the crypto world! Grayscale, the largest US digital asset manager, is eyeing DOGE as one of their assets! 🌕
This move could be a game-changer for DOGE and the broader crypto market. With Grayscale's backing, we might see new heights for DOGE and increased interest in altcoins. 📈
What do you think this means for the future of DeFi, BTC, and ETH? Drop your thoughts in the comments! Let's get the conversation started! 💬 #Crypto #DeFi #BTC #ETH #Altcoins
Bitcoin BULL RUN CONFIRMED! BTC PRICE ANALYSIS"
🚀📈 It’s official—Bitcoin is on a bull run! With recent price movements and market indicators pointing upwards, it's time to dive into the analysis.
🔍 Current Price Action: Bitcoin has broken key resistance levels, and with the momentum we’re seeing, it looks like we’re headed for new all-time highs! The recent surge in institutional interest and positive news from regulatory fronts are fueling this upward trajectory.
📊 Technical Indicators:
Moving Averages: The 50-day moving average has crossed above the 200-day moving average, signaling a strong bullish trend.RSI: The Relative Strength Index is approaching overbought territory, but it has room to grow as buyers continue to enter the market.Volume: Trading volume has been steadily increasing, indicating strong buyer interest.
💥 Market Sentiment: The overall sentiment in the crypto community is electric, with many analysts predicting continued upward movement. Are we looking at a repeat of the 2021 bull market?
💬 What are your thoughts on the current BTC price action? Do you think we’ll see a new all-time high soon? Let’s discuss!
#Bitcoin #BTC #BullRun #Crypto #PriceAnalysis #Investing #CryptoNews #Blockchain
💥💥"Bitcoin Soars Past $60K: Fear and Greed Index Signals Market Surge—Is the Bull Run Back?"🚀💥
Bitcoin Breaks $60,000:
The Fear and Greed Index surged to 71, its highest since late July, reflecting growing market optimism.
Market Sentiment Shift:
The index rose from 32 on October 11 to 71, indicating a swift shift from fear to greed as Bitcoin prices rebounded.
Index Breakdown:
The Fear and Greed Index analyzes factors like social media, market trends, and volatility, with 0 indicating extreme fear and 100 indicating extreme greed.
Historical Context:
The last time the index was this high, Bitcoin rallied from $56,000 to $68,000 before pulling back.
Analysts' Views:
Some analysts suggest fear offers a buying opportunity, while greed may indicate potential FOMO and a possible price correction.
Outlook:
Despite possible short-term fluctuations, rising market demand and expectations for a second bull market wave suggest a low likelihood of significant price corrections.
Engagement Prompt:
How long will this greed-driven trend last? Are you ready to act, or will you wait and see? Share your thoughts!
#MemeCoinTrending #USRetailSalesBoost #BNBRisesTo600 #SCRSpotTradingOnBinance #TeslaTransferBTC
{spot}(BTCUSDT)
💥Bitcoin’s MEV Shield: Protecting Traders and Enhancing Miner Returns
Rebar’s upcoming Shield is set to be Bitcoin’s version of Ethereum’s Flashbots, safeguarding DEX traders from harmful Maximum Extractable Value (MEV) practices. This innovative solution not only boosts security but also enhances interoperability across Bitcoin’s fragmented decentralized exchange landscape. Additionally, Rebar is working with major Bitcoin miners to ensure Shield’s integration covers a significant portion of the network’s hashrate, aiming to improve transaction execution and maximize miner returns. As Bitcoin DeFi grows, Layer-2 solutions are gaining traction, positioning the Shield as a critical component for future users.
#MemeCoinTrending #SCRSpotTradingOnBinance #USRetailSalesBoost #TeslaTransferBTC #Therapydogcoin
$ETH /USDT pair on the 15-minute time frame, the current price is 2,653.69 USDT. Key resistance is identified at 2,655.50 USDT, while support sits at 2,635.20 USDT.
A potential trade entry at the current price of 2,653.69 USDT could target a take profit at 2,655.00 USDT, with a stop loss set at 2,645.00 USDT.
This setup focuses on capturing a short-term upward movement toward the resistance level while maintaining close risk management.
#Therapydogcoin #MemeCoinTrending #WhichMemeCoin? #SCRSpotTradingOnBinance #BinanceLabsInvestsLombard
{spot}(ETHUSDT)
𝐕𝐞𝐥𝐢𝐱 𝐏𝐫𝐨𝐭𝐨𝐜𝐨𝐥: 𝐓𝐡𝐞 𝐋𝐒𝐓 𝐏𝐫𝐨𝐭𝐨𝐜𝐨𝐥 𝐨𝐧 𝐌𝐞𝐭𝐢𝐬
Let have a brief dive in on what Velix Protocol is all about
💜 x RT
————
We saw that @MetisL2 launched their decentralized sequencer this year, and we got to see LSTs coming in to join the party, and the notable 2 native metis LSTs are @Artemisfinance and @ENKIProtocol.
Then there's Velix coming in and awaiting to go live on Metis Mainnet.
————
↠What is Velix Protocol?↞
@velixprotocol, a liquid staking protocol on Metis Layer 2, that offers a smart solution. With Velix, you can stake your $METIS and still have access to your assets for other activities.
————
↠How Does Velix Work?↞
➠ Start by depositing your $METIS tokens into Velix.
➠ Mint your $METIS to receive #veMETIS, a token representing your staked assets.
➠ Your #veMETIS will be converted to #sveMetis, a proof that your staked tokens are earning rewards.
That's not all.
With #veMETIS, you can use it to engage in DeFi activities like lending, borrowing, or using it as collateral, all while earning staking rewards.
————
↠Why should you choose Velix?↞
➠ Earn Yields rewards on your staked $METIS with Velix’s auto-compounding feature, which reinvests your rewards to maximize earnings.
➠ You can use your staked #veMETIS in DeFi applications while still earning.
➠ Velix makes staking easy with their amazing user interface.
➠ Thoroughly audited by Peckshield and recognized as a Community Verified Project (CVP) on Metis.
————
↠What’s New?↞
➠ Velix recently announced their expansion to @Starknet as they will be deploying there, too.
➠ They collaborated with @nodies_infra, @ErisFi_, and @ShoebillFinance.
🚨 $DODO /USDT SPIKES +19% IN MINUTES... $DODO is going to hit $0.18 and even more to $0.2..
$DODO /USDT just experienced a sharp breakout, surging from $0.1166 to a peak of $0.1418 in the last 15 minutes! This swift 19.32% pump signals high volatility and strong buying pressure in the market. The current price is sitting at $0.1414, just under the resistance at $0.1416. Traders should watch closely—if DODO breaks above $0.1418, it could trigger another leg up, attracting more momentum buyers. If it fails, a quick pullback could offer re-entry opportunities at lower levels. Stay on high alert as this fast-moving trend develops..
#Dodo #DODOtokens #BinanceLabsInvestsLombard #MemeCoinTrending #CanaryLitecoinETF
**Tether's USDT Hits Record $120B Market Cap, Hinting at Crypto Rally**
Tether's USDt (USDT), the largest stablecoin, has hit a new milestone, surpassing a $120 billion market cap on October 20. This surge is seen as a potential indicator of an upcoming crypto rally.
- **Stablecoins as a Gateway**: Stablecoins like USDT serve as a bridge between fiat currencies and digital assets. An increase in their supply often signals that investors are gearing up to buy cryptocurrencies.
- **Historical Context**: Back in August, Tether minted $1.3 billion USDT in just five days, helping Bitcoin recover over 21% from a five-month low.
Stay tuned for more updates on this developing story.
$DYDX
{spot}(DYDXUSDT)
/USDT Technical Analysis
The DYDX/USDT trading pair is experiencing a strong bullish trend, currently priced at $1.1577. As we analyze the price action, several key levels can help traders strategize their positions.
Current Price: $1.1577
24h High: $1.1706
24h Low: $0.9475
Target Levels 🎯
1. Target 1: $1.2000
This level represents a significant resistance point. A break above this level could signal a continuation of the bullish momentum, attracting more buyers into the market.
2. Target 2: $1.2500
Should the price maintain its upward trajectory, the next psychological resistance at $1.2500 could be tested. This level aligns with previous price action where the asset faced selling pressure.
3. Target 3: $1.3000
If bullish sentiment persists, $1.3000 is a critical level to watch. This target may serve as a strong point for profit-taking, as traders may look to capitalize on the upward movement.
Technical Indicators
Moving Averages: The 50-day moving average is trending upwards, confirming the bullish trend.
RSI: Currently at 70, indicating that the asset is in the overbought territory. Traders should be cautious of potential pullbacks.
Conclusion
With strong upward momentum, DYDX/USDT presents exciting trading opportunities. Keep an eye on the target levels and stay updated with market developments!
Feel free to customize any part of the post or let me know if you need additional details!
Bitcoin’s MEV Shield: Protecting Traders and Enhancing Miner Returns‼️
Rebar’s upcoming Shield is set to be Bitcoin’s version of Ethereum’s Flashbots, safeguarding DEX traders from harmful Maximum Extractable Value (MEV) practices. This innovative solution not only boosts security but also enhances interoperability across Bitcoin’s fragmented decentralized exchange landscape. Additionally, Rebar is working with major Bitcoin miners to ensure Shield’s integration covers a significant portion of the network’s hashrate, aiming to improve transaction execution and maximize miner returns. As Bitcoin DeFi grows, Layer-2 solutions are gaining traction, positioning the Shield as a critical component for future users.
#Therapydogcoin #MemeCoinTrending #SCRSpotTradingOnBinance #USRetailSalesBoost #TeslaTransferBTC
$MAGIC
{spot}(MAGICUSDT)
/USDT Technical AnalysisThe MAGIC/USDT pair is currently showing strong bullish momentum, trading at $0.4561 after a remarkable 24.86% surge over the last 24 hours. Let's delve into the technical aspects and identify three key targets to watch.Current Price: $0.4561
24h High: $0.4561
24h Low: $0.3583
24h Volume (MAGIC): 66.40MKey Targets:1. Target 1: $0.4800
This level serves as a key resistance point. A successful breakout above this target could indicate continued upward momentum, attracting more buyers into the market.
2. Target 2: $0.4400
This support level has shown significant strength in the past. If the price retraces, this area could provide a solid foundation for buyers to re-enter, potentially leading to another rally.
3. Target 3: $0.4200
A deeper pullback to this level would indicate a potential buying opportunity, especially if it coincides with bullish signals from indicators like RSI or MACD. Watching for confirmation at this target could be critical for short-term traders.Conclusion: With the gaming sector gaining traction, MAGIC has positioned itself for further growth. Traders should keep an eye on these targets to make informed decisions and capitalize on potential price movements. Stay updated for more insights!
𝙆𝙞𝙮𝙤𝙨𝙖𝙠𝙞'𝙨 𝘾𝙧𝙖𝙨𝙝 𝙋𝙧𝙚𝙙𝙞𝙘𝙩𝙞𝙤𝙣 𝙖𝙣𝙙 𝘽𝙍𝙄𝘾𝙎 𝘼𝙘𝙩𝙞𝙤𝙣𝙨 💥
This week in finance, Robert Kiyosaki predicts a massive market crash, forewarning investors to brace for severe economic downturns. Additionally, BRICS nations are making significant moves, drastically reducing USD and EUR transactions in favor of local currencies, signaling a shift in global financial dynamics. Other key updates include a major bitcoin network upgrade and expert perspectives on inflation control strategies.
𝗗𝗼 𝘆𝗼𝘂 𝘁𝗵𝗶𝗻𝗸 𝘁𝗵𝗲𝘀𝗲 𝘀𝗵𝗶𝗳𝘁𝘀 𝘄𝗶𝗹𝗹 𝗮𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗲 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻?
#BRICS2024 #CryptoNewss #CryptoUpdate #CryptoNewsCommunity #marketCrush
Source: Bitcoin News, David Sencil.
Technical Analysis: $API3
{spot}(API3USDT)
/USDTAs AP13 continues to gain momentum, traders should watch key resistance and support levels. Currently, the price stands at $2.08, showing a 47.52% increase over the past day. Here’s a breakdown of potential targets for your trading strategy:Target 1: $2.10 🎯This level represents a significant resistance point where previous sell-offs have occurred. A breakout above this level could trigger further bullish momentum.Target 2: $2.25 🎯Should the price maintain upward momentum beyond $2.10, $2.25 becomes the next significant resistance level. Traders should monitor volume and market sentiment closely as we approach this target.Target 3: $2.40 🎯If AP13 can surpass the $2.25 resistance, $2.40 will be a critical target to aim for. This level is supported by historical data, suggesting it could attract substantial buying interest.Key Support Levels:In case of a pullback, watch for support around $1.90 and $1.70. Maintaining price action above these levels is crucial for sustaining bullish trends.Keep an eye on market trends and volume indicators to make informed trading decisions. Happy trading!---Let me know if you’d like any changes or additional information!