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Trading Mindset Tip 🔥🔥 #crypto2023 #cryptotrading #cryptopmyoutube #BTC #marketcap
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🥇 The current BTC price is the average purchase price of the Spot #Bitcoin ETF buyers, ~$57K to ~$58K #CryptoPM #CryptoNews
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💰The Bitcoin-native stablecoin bitSmiley Alphanet V1 Surpasses $24M TVL in 24 Hours! BitSmiley stands as a pioneering initiative, introducing stablecoins by over-collateralizing #Bitcoin. Through this, users gain access to minting bitUSD and engaging in DeFi activities, all under the security of Bitcoin. #CryptoNews #BitSmiley #TVL
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why bro..? 😆 #BTC #Halving2024
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MicroStrategy, renowned for its substantial corporate Bitcoin holdings, unveiled 'MicroStrategy Orange,' a decentralized identity system at the 'Bitcoin For Corporations' conference on May 1. 🔶 This innovative system utilizes a unique version of the Ordinals inscription method to embed data directly into Bitcoin's transaction outputs, distinguishing it from other identity solutions reliant on additional networks or sidechains. 🔄 MicroStrategy Orange has the capacity to process up to 10,000 decentralized identifiers (DIDs) in a single transaction, showcasing its scalability for large-scale operations. 📜 An early version of MicroStrategy Orange on GitHub adheres to the World Wide Web Consortium’s (W3C) Decentralized Identifiers (DID) specifications, ensuring secure, enduring, and independent identities solely on the Bitcoin blockchain. 🔐 Comprising the Orange Service, Orange SDK, and various applications, the framework enables secure verification of identities without disclosing personal information, ideal for sectors like healthcare and finance. 🛠️ The Orange SDK empowers developers to integrate identity verification features into existing systems, enhancing security across digital platforms, such as email verification through the 'Orange for Outlook' application. 💼 Despite a reported $53.1 million loss for the quarter, MicroStrategy has seen a 65% increase in the value of its Bitcoin holdings, now totaling about $15.2 billion. 🚀 This strategic shift signifies MicroStrategy's intent to leverage its Bitcoin resources for innovation beyond traditional cryptocurrency investments, potentially revolutionizing digital identity management with universally recognized verification standards. #MicroStrategу #buythedip #BTC #fomc
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💰 Cryptocurrency market value dropped from $2.34 trillion to $2.20 trillion 📉 💸 Massive million-dollar liquidations occurred, with an additional $470 million liquidated 🔻 💰 Bitcoin price fell to $57,000, down 9% in 24 hours and 13% in a week ⬇️ 😨 Crypto Fear and Greed Index dropped from 67 (greed) to 54 (neutral) in a day 😟 📉 Investors predict BTC price may drop further to $47,000 💭 🇺🇸 Fears of high US interest rates ahead of Fed's May 1 decision led to decline in Bitcoin and crypto prices 📉 🏦 Hawkish signals suggest Fed may not change interest rates from 5.25-5.50% 🦅 💹 Latest PCE data shows inflationary pressures, with GDP growth of 1.6% indicating stagflation 📈 📉 Prediction market forecasts only one Fed interest rate cut this year, negative for crypto prices 💸 💵 US Dollar Index hits six-month high at 106.45, impacting Bitcoin price 📈 📈 US 10-year Treasury yield rises to 4.688%, adding to inflationary pressure on Bitcoin 💹 🔀 Bitcoin ETFs experiencing outflows, with $161 million outflow from US spot BTC ETF 📉 💼 Institutional investors losing hope in Bitcoin ETFs, leading to low trading volumes in Hong Kong ETFs 📉 #cryptopm #CryptoNews🚀🔥
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