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CryptyxMaster
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Bitcoin
ETFs bought a whopping 17,009 BTC this week, while miners could only manage to create a measly 2,250 BTC. Guess what? Demand is outpacing supply!
$BTC
#BTCPredictedNewATH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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HOUGAN: "Bitcoin has the potential to reach significant price levels, potentially ranging from $100,000 to $200,000 or even higher. This is primarily driven by the high demand for Bitcoin and the limited supply, with only 21,000,000 Bitcoins available. Consequently, we are still in the early stages of Bitcoin's growth and adoption."๐๐๐๐ฉโ๐๐#BTCPredictedNewATH $BTC $ETH $BNB
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Almost 94% of Bitcoin addresses are currently in profit.๐๐๐๐ฉโ๐๐๐ This is a bullish indicator for the cryptocurrency, as it suggests that the majority of investors are confident in its long-term value.#BTCPredictedNewATH $BTC $ETH $SOL
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โ๏ธ GM! Here are the top events in #Crypto for the past 24 hours ๐ ๐ ย Binance founder Changpeng Zhao was released from prison after serving a four-month sentence for regulatory violations, ending his detention. ๐ฎโโ๏ธ ๐ ย The Crypto Fear & Greed Index has hit "Greed" at 64, its highest since July, as Bitcoin reaches $66K, signaling renewed market optimism. ๐ ๐ ย Ethereum transaction fees have surged 498% due to increased on-chain activity, with median fees rising from $0.09 to $1.69. ๐ ๐ ย Sen. Lummis said a Republican Senate would favor digital assets due to Sen. Scottโs pro-crypto stance compared to current chair Sen. Brown's skepticism. โ๏ธ ๐ ย Mango DAO, Mango Labs, and Blockworks Foundation settled SEC charges for selling unregistered MNGO tokens, paying $700,000 in penalties. ๐ฐ ๐ ย Canada's Securities Administrators have extended the stablecoin compliance deadline for crypto exchanges to Dec. 31, 2024, for more alignment time. ๐ ๐ ย Bitget Wallet is launching OmniConnect, a dev kit enabling Telegram Mini Apps to integrate with the broader Web3 space across TON, Solana, and EVM blockchains. ๐ ๐ ย Hong Kong will align its crypto OTC derivatives rules with European standards, using Digital Token Identifiers (DTIs) and new reporting by 2025. ๐ญ๐ฐ
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In a report published on September 27th, Markus Thielen, the Head of Research at 10x Research, expressed his belief that a potential rally in the cryptocurrency market may occur during the fourth quarter of this year. Thielen suggests that if Bitcoin surpasses the $65,000 price point, it could trigger a fear of missing out (FOMO) among investors, leading to increased market activity.#BTCโ $BTC
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