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$SUSHI Ready To Go 🚀🚀🚀 Image 1: Daily Chart. The Long consolidation and finally its breaking out. Image 2: 1 Hr Chart. The consolidation inside the box, giving us a clearer picture of the breakout. Let's Hit $2. 💲💲💲💲📈 #Sushiusdt #altcoins #bitcoinhalving #buythedip #BinanceLaunchpool $SUSHI

$SUSHI Ready To Go 🚀🚀🚀

Image 1: Daily Chart.

The Long consolidation and finally its breaking out.

Image 2: 1 Hr Chart.

The consolidation inside the box, giving us a clearer picture of the breakout.

Let's Hit $2. 💲💲💲💲📈

#Sushiusdt #altcoins #bitcoinhalving #buythedip #BinanceLaunchpool

$SUSHI

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Here's Why The Australian Spot Bitcoin ETF Stands Out 🦾 📈 In a positive development for Australia, Monochrome Asset Management has launched a spot Bitcoin Exchange-Traded Fund (ETF) on the Cboe Australia exchange. Notably, the Monochrome spot Bitcoin ETF (IBTC) represents Australia’s first and only ETF holding Bitcoin (BTC) directly. Samson Mow, the CEO of Bitcoin technology company JAN3, highlighted IBTC’s unique position on the ETF market. First, he noted that the Monochrome spot Bitcoin ETF offers global investors direct in-kind creation or redemption. This feature allows them to directly exchange their Bitcoin for units of the ETF (IBTC) and vice versa, globally. This is quite different from other Bitcoin ETFs, especially those offered in the U.S. and Hong Kong, where investors typically deal with Authorized Participants (APs), who act as intermediaries. 🪙 Benefits of IBTC for borrowers and Bitcoin miners Compared to borrowing through pure coin loans, Mow emphasized that using IBTC as collateral offers potential advantages as it is considered a more established financial product. According to him, borrowing through IBTC might come with a better loan-to-value ratio (LVR) and lower interest rates than traditional pure coin loans. In addition, Bitcoin holdings of the ETF would not need to leave cold storage, even when borrowed against. This eliminates the risk of investors losing their Bitcoin holdings due to hacks or other security issues. For Bitcoin miners, this feature could be a game-changer to help expand their operations. Bitcoin miners might use the IBTC borrowing option to access capital without selling their Bitcoin holdings. #StartInvestingInCrypto #MicroStrategy #BlackRock #BinanceLaunchpool #Megadrop
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