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Buggs bunnies
@Square-Creator-f12103854
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Do you want to earn USDT quickly?
a new new USDT game in Telvegram has started. Entry from only 5 USDT Withdrawal at any time. big% Spin the money in a circle!
@007us tg
a new new USDT game in Telvegram has started. Entry from only 5 USDT Withdrawal at any time. big% Spin the money in a circle!
@007us tg
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Do you want to earn USDT quickly?
a new new USDT telegram game has started. Entry from only 5 USDT Withdrawal at any time. big% Spin the money in a circle!
a new new USDT telegram game has started. Entry from only 5 USDT Withdrawal at any time. big% Spin the money in a circle!
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they are sleeping
,😈😈🚀😈🚀😈🚀😈🚀🚀
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Bitcoinworld
--
$ENS Could Enter Top 100 Following 175% Gains — Is This New GameFi Memecoin Next?
Ethereum Name Service ($ENS) has recently stolen the spotlight with an astonishing 175% gain. As the crypto community speculates on $ENS entering the coveted top 100, another contender in the category of the best upcoming ICO, Galaxy Fox, awaits its turn to make waves in the realm of GameFi memecoins.
The Rise from the Crypto Abyss
Not long ago, Ethereum Name Service ($ENS) found itself struggling in the depths of a prolonged crypto winter, hitting a five-year low in June 2023. However, as the new year unfolded, a thaw commenced. Boosted by renewed market confidence and 175% gains post the approval of Spot Bitcoin ETFs, $ENS embarked on a relentless climb, leaving the crypto community awe-struck.
Key Factors Fueling the $ENS Surge
Here’s a quick look at what’s driving the surge of $ENS:
Layer-2 Endorsement: Ethereum co-founder Vitalik Buterin’s advocacy for ENS integration with layer-2 scaling solutions has been a game-changer. The promise of faster, cheaper transactions through human-readable ENS domains has resonated with users and developers, painting a brighter future for the project.
DeFi Embrace: In the era of decentralized finance (DeFi), the simplicity and security of ENS domains have become progressively striking. The ability to transact using user-friendly names like “alice.eth” instead of complex wallet addresses is a significant draw for users.
Community-Driven Flight: ENS flourishes on a decentralized foundation administered by smart contracts and a DAO, giving users a direct say in the project’s future. This democratic approach fosters a sense of ownership and community, propelling $ENS into the limelight.
Galaxy Fox: The Rising Star in GameFi Memecoins
Shifting gears from the seasoned $ENS to the up-and-coming Galaxy Fox, the best upcoming ICO arena is witnessing a meteoric rise in this new player. With a surge from $0.00066 to an impressive $0.00198, Galaxy Fox is quickly making a mark as the new GameFi memecoin to watch.
Transformative Impact on Meme Coin Industry
Galaxy Fox is not just another memecoin. It’s a pioneer in the realm of full utility meme coins backed by an interactive blockchain gaming ecosystem. On top of that, the Web3 infinite runner game at the core of the Galaxy Fox ecosystem takes gaming beyond conventional limits. Players are rewarded for in-game skills with $GFOX tokens, adding a layer of utility to the meme coin market.
A Unique Hybrid Design
What sets Galaxy Fox apart is its hybrid design. While incorporating classic memecoin components like deflationary tokenomics and a viral aesthetic, it introduces a play-to-earn element. This dual identity places $GFOX at the intersection of the memecoin and GameFi narratives, making it a compelling investment in 2024.
Skyrocketing Community Support
The community’s overwhelming interest has propelled Galaxy Fox’s presale to Stage 7 in a short period of time, with GFOX priced at $0.00198. Having already raised over $2.9 million and distributed over 2.4 billion tokens to early investors, Galaxy Fox is gaining momentum fast. With the next stage on the horizon and a token price of $0.002178, the excitement around this project is palpable.
The Path to Memecoin Stardom
As the project gears up for launch this quarter, analysts foresee a potential 10x increase for $GFOX, making it a top contender for the best cheap crypto to buy right now. The unique ecosystem, featuring the coolest NFT marketplace, a growth-oriented Treasury, staking rewards, and real-world merchandise, positions Galaxy Fox as more than just a memecoin; it’s a comprehensive digital experience.
The Conclusion: Join the Galaxy Fox Community
Opportunities and trends are ever-changing. As $ENS makes a formidable comeback and Galaxy Fox emerges as the new GameFi memecoin, investors are presented with intriguing choices.
In particular, Galaxy Fox, with its hybrid design and innovative approach, stands out as a promising investment in the vibrant world of the best upcoming ICO. The presale is currently in Stage 7, and with the price at $0.00198, now might be the perfect time to dive into the Galaxy Fox community.
Don’t miss out on what could be the next big thing in crypto. Visit the Galaxy Fox website or join the community on Telegram. Embrace the future with $GFOX, the memecoin with a twist.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
The post $ENS Could Enter Top 100 Following 175% Gains — Is This New GameFi Memecoin Next? appeared first on BitcoinWorld.
The Rise from the Crypto Abyss
Not long ago, Ethereum Name Service ($ENS) found itself struggling in the depths of a prolonged crypto winter, hitting a five-year low in June 2023. However, as the new year unfolded, a thaw commenced. Boosted by renewed market confidence and 175% gains post the approval of Spot Bitcoin ETFs, $ENS embarked on a relentless climb, leaving the crypto community awe-struck.
Key Factors Fueling the $ENS Surge
Here’s a quick look at what’s driving the surge of $ENS:
Layer-2 Endorsement: Ethereum co-founder Vitalik Buterin’s advocacy for ENS integration with layer-2 scaling solutions has been a game-changer. The promise of faster, cheaper transactions through human-readable ENS domains has resonated with users and developers, painting a brighter future for the project.
DeFi Embrace: In the era of decentralized finance (DeFi), the simplicity and security of ENS domains have become progressively striking. The ability to transact using user-friendly names like “alice.eth” instead of complex wallet addresses is a significant draw for users.
Community-Driven Flight: ENS flourishes on a decentralized foundation administered by smart contracts and a DAO, giving users a direct say in the project’s future. This democratic approach fosters a sense of ownership and community, propelling $ENS into the limelight.
Galaxy Fox: The Rising Star in GameFi Memecoins
Shifting gears from the seasoned $ENS to the up-and-coming Galaxy Fox, the best upcoming ICO arena is witnessing a meteoric rise in this new player. With a surge from $0.00066 to an impressive $0.00198, Galaxy Fox is quickly making a mark as the new GameFi memecoin to watch.
Transformative Impact on Meme Coin Industry
Galaxy Fox is not just another memecoin. It’s a pioneer in the realm of full utility meme coins backed by an interactive blockchain gaming ecosystem. On top of that, the Web3 infinite runner game at the core of the Galaxy Fox ecosystem takes gaming beyond conventional limits. Players are rewarded for in-game skills with $GFOX tokens, adding a layer of utility to the meme coin market.
A Unique Hybrid Design
What sets Galaxy Fox apart is its hybrid design. While incorporating classic memecoin components like deflationary tokenomics and a viral aesthetic, it introduces a play-to-earn element. This dual identity places $GFOX at the intersection of the memecoin and GameFi narratives, making it a compelling investment in 2024.
Skyrocketing Community Support
The community’s overwhelming interest has propelled Galaxy Fox’s presale to Stage 7 in a short period of time, with GFOX priced at $0.00198. Having already raised over $2.9 million and distributed over 2.4 billion tokens to early investors, Galaxy Fox is gaining momentum fast. With the next stage on the horizon and a token price of $0.002178, the excitement around this project is palpable.
The Path to Memecoin Stardom
As the project gears up for launch this quarter, analysts foresee a potential 10x increase for $GFOX, making it a top contender for the best cheap crypto to buy right now. The unique ecosystem, featuring the coolest NFT marketplace, a growth-oriented Treasury, staking rewards, and real-world merchandise, positions Galaxy Fox as more than just a memecoin; it’s a comprehensive digital experience.
The Conclusion: Join the Galaxy Fox Community
Opportunities and trends are ever-changing. As $ENS makes a formidable comeback and Galaxy Fox emerges as the new GameFi memecoin, investors are presented with intriguing choices.
In particular, Galaxy Fox, with its hybrid design and innovative approach, stands out as a promising investment in the vibrant world of the best upcoming ICO. The presale is currently in Stage 7, and with the price at $0.00198, now might be the perfect time to dive into the Galaxy Fox community.
Don’t miss out on what could be the next big thing in crypto. Visit the Galaxy Fox website or join the community on Telegram. Embrace the future with $GFOX, the memecoin with a twist.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
The post $ENS Could Enter Top 100 Following 175% Gains — Is This New GameFi Memecoin Next? appeared first on BitcoinWorld.
20 dollars go💯🚀💯🚀💯🚀💯🚀💯💯#xai
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Crypto Predattor
--
🚨🚨XAI EMERGENCY ANALYSIS 🚨🚨
👀👀Looking For A Liquidity Grab under Trendine SUPPORT AREA
1-0.71✅
2-0.68✅✅
After if Again Reclaim SUPPORT Then It is Ready To PUMP 🚀🚀
👇👇But First Need Liquidity Grab under Trendine SUPPORT
Like And SHARE For More Analysis & signals
👀👀Looking For A Liquidity Grab under Trendine SUPPORT AREA
1-0.71✅
2-0.68✅✅
After if Again Reclaim SUPPORT Then It is Ready To PUMP 🚀🚀
👇👇But First Need Liquidity Grab under Trendine SUPPORT
Like And SHARE For More Analysis & signals
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hai
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BlockchainReporter
--
A crypto trader turns a $300 investment in a memecoin into a whopping $1.03 million in just 10 days after Elon Musk's recent X profile bio update.
$ETH #CTO
https://blockchainreporter.net/elon-musks-latest-move-helps-crypto-trader-net-1-03m-with-this-memecoin/
$ETH #CTO
https://blockchainreporter.net/elon-musks-latest-move-helps-crypto-trader-net-1-03m-with-this-memecoin/
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hai
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Cryptowizard101
--
Bullish
Signs of possible take off, Rocket activated, Let me explain.
Remember when I told you guys that Bitcoin was still trading around Bilateral pattern zone? it seems Bitcoin recognise the pattern as the coin start to show positive strength, don’t be taking by surprise because things can really move very fast, the price of Bitcoin will likely hit 50,000 dollars before the end of January, you should pay attention to the changes in the market.
$BTC #BTC #Blur #sui #ai #XAI
Remember when I told you guys that Bitcoin was still trading around Bilateral pattern zone? it seems Bitcoin recognise the pattern as the coin start to show positive strength, don’t be taking by surprise because things can really move very fast, the price of Bitcoin will likely hit 50,000 dollars before the end of January, you should pay attention to the changes in the market.
$BTC #BTC #Blur #sui #ai #XAI
🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀🚨🚀
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Coinpedia
--
WAVES Price 60% Jump Halts At $2.4. Is It a Buying Entry Spot?
The post WAVES Price 60% Jump Halts At $2.4. Is It A Buying Entry Spot? appeared first on Coinpedia Fintech News
With a strong bullish trend in motion, the WAVES price trend sustains dominance over the $2 mark. Currently, the pullback phase in the uptrend brings an entry opportunity for sideline traders and teases a bounce back to higher levels.
However, the slowdown in the altcoins market warns of a breakdown possibility like the support trendline fallout. So, should you consider buying this or wait for a breakout signal?
Source- Tradingview
The higher low formation trend in the WAVES price trend finds the support of the 50D EMA and reached the $3 mark in early 2024. However, the recent pullback to the support trendline leads to a longer consolidation compared to previous bounce-backs.
However, the recent overnight jump of 1.88% finds the support of increased trading volume, improving the reversal chances. Currently, the WAVES price trades at $2.439, with a Doji candle formation reflecting an indecisive phase for the altcoin.
Nevertheless, the weakness in the trend momentum is minimal and this supports the reversal possibility. Hence, the dip in the altcoin to the support trendline is a potential buying opportunity for the sideline traders.
Technical Indicators:
RSI Indicator: The daily Relative Strength Index (RSI) indicates a trend of recovery, moving laterally as it nears the midpoint. This suggests a temporary halt in the momentum of the recovery trend.
EMA: The 50D EMA provides dynamic support to the growing trend and aligns with the rising trendline. Further, the confluence with the 38.20% Fib level increases the chances of reversal.
Will The WAVES Price Reach $5?
The WAVES price, currently finding support at the crucial $2.40 level, aligns with the 38.20% Fibonacci level, suggesting a potential reversal rally. This could present an entry point for traders on the sidelines, as a suitable buying opportunity.
If a reversal does occur, the uptrend could gain enough momentum to challenge the $3 high, possibly leading to a breakout that could extend up to $5. However, should the price fall below the $2.40 support level, it could trigger a further decline, potentially testing lower levels at $2.26 or even $2.
With a strong bullish trend in motion, the WAVES price trend sustains dominance over the $2 mark. Currently, the pullback phase in the uptrend brings an entry opportunity for sideline traders and teases a bounce back to higher levels.
However, the slowdown in the altcoins market warns of a breakdown possibility like the support trendline fallout. So, should you consider buying this or wait for a breakout signal?
Source- Tradingview
The higher low formation trend in the WAVES price trend finds the support of the 50D EMA and reached the $3 mark in early 2024. However, the recent pullback to the support trendline leads to a longer consolidation compared to previous bounce-backs.
However, the recent overnight jump of 1.88% finds the support of increased trading volume, improving the reversal chances. Currently, the WAVES price trades at $2.439, with a Doji candle formation reflecting an indecisive phase for the altcoin.
Nevertheless, the weakness in the trend momentum is minimal and this supports the reversal possibility. Hence, the dip in the altcoin to the support trendline is a potential buying opportunity for the sideline traders.
Technical Indicators:
RSI Indicator: The daily Relative Strength Index (RSI) indicates a trend of recovery, moving laterally as it nears the midpoint. This suggests a temporary halt in the momentum of the recovery trend.
EMA: The 50D EMA provides dynamic support to the growing trend and aligns with the rising trendline. Further, the confluence with the 38.20% Fib level increases the chances of reversal.
Will The WAVES Price Reach $5?
The WAVES price, currently finding support at the crucial $2.40 level, aligns with the 38.20% Fibonacci level, suggesting a potential reversal rally. This could present an entry point for traders on the sidelines, as a suitable buying opportunity.
If a reversal does occur, the uptrend could gain enough momentum to challenge the $3 high, possibly leading to a breakout that could extend up to $5. However, should the price fall below the $2.40 support level, it could trigger a further decline, potentially testing lower levels at $2.26 or even $2.
See original
To make 7 figs on bull run you should know how to: ( PART 1 )
- Find 100x low-caps
- Find CONFIRMED Airdrops
- Find profitable whale wallets
And that's just the beginning. Achieving success in crypto demands more.
With secret tools I'm sharing it's a breeze - explore
👇🧵
⇒/1
In this thread, you'll find absolutely all crypto tools you need to make x100 to your portfolio.
Looking at the cover, you'll understand that today we'll explore a total of 40 different useful services.
For your convenience, I've divided them into 10 separate categories.
⇒/2
INVESTMENT TOOLS
Services that help you conduct a more thorough analysis of tokens before adding them to your portfolio and secure your investments from questionable projects.
⇒/3
@crunchbase
Search and analyze investments of large funds or private investors.
Large capital almost always equals smart money.
You can't analyze a project better than 100 fund analysts.
⇒/4
@CryptoRank_io
Another service for token and investment analytics.
I use it for almost every thread.
Among the most interesting features is the selection of co-investors for individual funds.
⇒/5
@CryptoFeesInfo
One of the services that helps you identify hype networks.
The service shows how much fees each network has paid for transactions.
The growth of such activity equals high liquidity.
⇒/6
@coingecko
BEST ECOSYSTEM FILTERS
Investing in ecosystems is currently a comfortable diversification of funds.
CoinGecko has perfectly implemented this.
For example, here you can find out that the Market Cap of Discord bots is $200 billion!
⇒/7
TRADING
The second point in our thread is about how to improve your trading, simplify, or secure yourself during trading.
After all, it's still the most popular method of investing in WEB3.
⇒/8
@dexscreener
The best and one of the most popular services for trading tokens.
It mostly covers low-cap projects/shitcoins – tokens you won't find on a regular centralized exchange.
#BTC #AirdropOpportunity #airdrops #Analytics #tia
- Find 100x low-caps
- Find CONFIRMED Airdrops
- Find profitable whale wallets
And that's just the beginning. Achieving success in crypto demands more.
With secret tools I'm sharing it's a breeze - explore
👇🧵
⇒/1
In this thread, you'll find absolutely all crypto tools you need to make x100 to your portfolio.
Looking at the cover, you'll understand that today we'll explore a total of 40 different useful services.
For your convenience, I've divided them into 10 separate categories.
⇒/2
INVESTMENT TOOLS
Services that help you conduct a more thorough analysis of tokens before adding them to your portfolio and secure your investments from questionable projects.
⇒/3
@crunchbase
Search and analyze investments of large funds or private investors.
Large capital almost always equals smart money.
You can't analyze a project better than 100 fund analysts.
⇒/4
@CryptoRank_io
Another service for token and investment analytics.
I use it for almost every thread.
Among the most interesting features is the selection of co-investors for individual funds.
⇒/5
@CryptoFeesInfo
One of the services that helps you identify hype networks.
The service shows how much fees each network has paid for transactions.
The growth of such activity equals high liquidity.
⇒/6
@coingecko
BEST ECOSYSTEM FILTERS
Investing in ecosystems is currently a comfortable diversification of funds.
CoinGecko has perfectly implemented this.
For example, here you can find out that the Market Cap of Discord bots is $200 billion!
⇒/7
TRADING
The second point in our thread is about how to improve your trading, simplify, or secure yourself during trading.
After all, it's still the most popular method of investing in WEB3.
⇒/8
@dexscreener
The best and one of the most popular services for trading tokens.
It mostly covers low-cap projects/shitcoins – tokens you won't find on a regular centralized exchange.
#BTC #AirdropOpportunity #airdrops #Analytics #tia
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ZeusInCrypto
--
🚨 #BTC Spot #etf 🚨
SEC chairman Gary Gensler just made a post about #crypto investment ⚡️⚡️⚡️
Which means they are ready with ETF approvals.
GOD Candle Downloading 🚀🚀🚀🚀
#Launchpool
SEC chairman Gary Gensler just made a post about #crypto investment ⚡️⚡️⚡️
Which means they are ready with ETF approvals.
GOD Candle Downloading 🚀🚀🚀🚀
#Launchpool
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CryptoPotato
--
The Hidden Risk of Bitcoin ETFs Nobody Is Talking About
Custodia Bank CEO Caitlin Long claims there’s a “hidden risk” surrounding a handful of Bitcoin ETFs eyeing imminent launch in the United States, following BlackRock’s recently updated S-1 filing.
According to the founder, sponsors may attempt to generate more profit from their funds using securities lending, which “can pose a lot of hidden risk to investors.”
The Threat Of Securities Lending
Long’s concerns swelled in response to an apparent race to the bottom on management fees among Bitcoin ETF applicants, who are theoretically meant to profit by taking a yearly cut of their investors’ BTC.
On Monday, BlackRock’s revised prospectus revealed that its management fee would be a modest 0.3%. Simultaneous updates from competitors like VanEck and Bitwise unveiled fees as low as 0.25% and 0.24% respectively – figures surprising even to analysts who have expected a fee war to break out for months.
“When fees are lower than costs, please please please ask yourself how the asset manager is making money managing the fund,” Long wrote to X on Monday. “With no-fee funds, the answer is usually securities lending.”
Securities lending involves temporarily transferring shares or bonds to a borrower, who provides other assets as collateral and pays a borrowing fee to the lender. The practice is often used as part of short selling, hedging, and arbitrage strategies.
According to Long, securities lending has popularized within the fund management business over the past 15 years as a way of generating profit beyond mere fees. In the context of an ETF, this would not include lending of the fund’s underlying Bitcoin itself, which would be illegal for any grantor trust.
According to Bloomberg ETF analyst Eric Balchunas, ETFs registered under the Investment Company Act of 1940 can “lend out up to 33% of their holdings, and they typically put 70% or more of the profit back into the ETF.”
Long argued that such lending creates “potential hidden risk with little disclosure” for investors, such as how cash proceeds generated from lending are re-invested.
Will ETF Issuers Lend Out Their Shares?
Many analysts expect the SEC to approve applicants’ 19b-4 applications by January 10, which is the deadline for the Ark Invest/21Shares ETF to be approved.
In response to Long, Hany Rashwan – CEO of 21Shares’ parent company 21.co – clarified that their application clearly rules out using securities lending from its business model.
“The Trust, the Sponsor, and the service providers will not loan or pledge the Trust’s assets nor will the Trust’s assets serve as collateral for any loan or similar arrangement,” the filing read.
Unlike Long, CoinMetrics co-founder Nic Carter interpreted ETF sponsors’ low fee arrangements as a sign that they are expecting massive inflows to their products. On Monday, Bitcoin reached a twenty-two-month high of $47,100.
The post The Hidden Risk Of Bitcoin ETFs Nobody Is Talking About appeared first on CryptoPotato.
According to the founder, sponsors may attempt to generate more profit from their funds using securities lending, which “can pose a lot of hidden risk to investors.”
The Threat Of Securities Lending
Long’s concerns swelled in response to an apparent race to the bottom on management fees among Bitcoin ETF applicants, who are theoretically meant to profit by taking a yearly cut of their investors’ BTC.
On Monday, BlackRock’s revised prospectus revealed that its management fee would be a modest 0.3%. Simultaneous updates from competitors like VanEck and Bitwise unveiled fees as low as 0.25% and 0.24% respectively – figures surprising even to analysts who have expected a fee war to break out for months.
“When fees are lower than costs, please please please ask yourself how the asset manager is making money managing the fund,” Long wrote to X on Monday. “With no-fee funds, the answer is usually securities lending.”
Securities lending involves temporarily transferring shares or bonds to a borrower, who provides other assets as collateral and pays a borrowing fee to the lender. The practice is often used as part of short selling, hedging, and arbitrage strategies.
According to Long, securities lending has popularized within the fund management business over the past 15 years as a way of generating profit beyond mere fees. In the context of an ETF, this would not include lending of the fund’s underlying Bitcoin itself, which would be illegal for any grantor trust.
According to Bloomberg ETF analyst Eric Balchunas, ETFs registered under the Investment Company Act of 1940 can “lend out up to 33% of their holdings, and they typically put 70% or more of the profit back into the ETF.”
Long argued that such lending creates “potential hidden risk with little disclosure” for investors, such as how cash proceeds generated from lending are re-invested.
Will ETF Issuers Lend Out Their Shares?
Many analysts expect the SEC to approve applicants’ 19b-4 applications by January 10, which is the deadline for the Ark Invest/21Shares ETF to be approved.
In response to Long, Hany Rashwan – CEO of 21Shares’ parent company 21.co – clarified that their application clearly rules out using securities lending from its business model.
“The Trust, the Sponsor, and the service providers will not loan or pledge the Trust’s assets nor will the Trust’s assets serve as collateral for any loan or similar arrangement,” the filing read.
Unlike Long, CoinMetrics co-founder Nic Carter interpreted ETF sponsors’ low fee arrangements as a sign that they are expecting massive inflows to their products. On Monday, Bitcoin reached a twenty-two-month high of $47,100.
The post The Hidden Risk Of Bitcoin ETFs Nobody Is Talking About appeared first on CryptoPotato.
LIVE
CoinDesk
--
BTC Blasts Past $47K As Bitcoin ETF Excitement Gets Feverish
Bitcoin [BTC] on Monday topped $47,000 for the first time since April 2022 as anticipation for a landmark spot-based BTC exchange-traded fund (ETF) approval in the U.S. is reaching a fever pitch.
The largest and original cryptocurrency rose sharply from $43,200 during Asia morning hours to a fresh 19-month high of $47,192 during the U.S. trading session, CoinDesk Indices data shows. BTC gained almost 7% over the past 24 hours.
The rally happened as investors are anxiously awaiting a regulatory decision for the first spot-based bitcoin exchange-traded-funds in the U.S., expected sometime this week. Most market observers expect an approval, with bulls forecasting that these vehicles would dramatically expand the investor base for the asset and attract large inflows.
Read more: Bitcoin ETFs: The Bull Case
Applicants including asset management giants BlackRock, Fidelity and Grayscale earlier today submitted updated S-1 filings to the U.S. Securities and Exchange Commission (SEC) and multiple issuers revealed the fees they would charge investors.
In case an SEC approval truly arrives, the announcement could push bitcoin's price even higher, LMAX Group market strategist Joel Kruger noted in an email.
"An approval could trigger a 10-15% rally, fueled by sidelined capital," Kruger said. "If there's no approval, projections hint at a possible correction, but strong support above $30,000 is expected."
The largest and original cryptocurrency rose sharply from $43,200 during Asia morning hours to a fresh 19-month high of $47,192 during the U.S. trading session, CoinDesk Indices data shows. BTC gained almost 7% over the past 24 hours.
The rally happened as investors are anxiously awaiting a regulatory decision for the first spot-based bitcoin exchange-traded-funds in the U.S., expected sometime this week. Most market observers expect an approval, with bulls forecasting that these vehicles would dramatically expand the investor base for the asset and attract large inflows.
Read more: Bitcoin ETFs: The Bull Case
Applicants including asset management giants BlackRock, Fidelity and Grayscale earlier today submitted updated S-1 filings to the U.S. Securities and Exchange Commission (SEC) and multiple issuers revealed the fees they would charge investors.
In case an SEC approval truly arrives, the announcement could push bitcoin's price even higher, LMAX Group market strategist Joel Kruger noted in an email.
"An approval could trigger a 10-15% rally, fueled by sidelined capital," Kruger said. "If there's no approval, projections hint at a possible correction, but strong support above $30,000 is expected."
#etf
Vitalik Buterin gave financial advice to cryptocurrency investors.
Ethereum (ETH) developer Vitalik Buterin gave financial advice to cryptocurrency investors and all those who want to increase their capital. Buterin recommends: Diversify your investment portfolio; Save money to achieve financial freedom; Add mainly “boring” assets to the investment portfolio (obviously with a low level of volatility); Do not use the credit lever x2 or more. Vitalik shared his opinion in response to a message from writer Alex Voigt, who advised a careful approach to diversifying an investment portfolio. He cited the example of Bill, who, on the recommendation of financier Buffett, sold Microsoft shares and bought securities of other companies. If Gates had not gotten rid of his company's assets, his net worth would now be $1.3 trillion, not $1.38 billion. Buterin called Voigt’s advice terrible and, on the contrary, highly appreciated the potential for diversification. The correctness of Buterin’s point of view is confirmed by the fact that the Grauscale organization, which manages client assets worth $50 billion, follows two recommendations from the creator of Ethereum. The Grauscale Digital Large Cap Fund (GDLC) developed by the company invests in six cryptocurrencies at once, and the share of the most “boring” assets Bitcoin and ETH accounts for 91.05% of the invested funds.
#vitaly #buterin #Launchpool #BTC #XAI
$BTC $XRP $ETH
Ethereum (ETH) developer Vitalik Buterin gave financial advice to cryptocurrency investors and all those who want to increase their capital. Buterin recommends: Diversify your investment portfolio; Save money to achieve financial freedom; Add mainly “boring” assets to the investment portfolio (obviously with a low level of volatility); Do not use the credit lever x2 or more. Vitalik shared his opinion in response to a message from writer Alex Voigt, who advised a careful approach to diversifying an investment portfolio. He cited the example of Bill, who, on the recommendation of financier Buffett, sold Microsoft shares and bought securities of other companies. If Gates had not gotten rid of his company's assets, his net worth would now be $1.3 trillion, not $1.38 billion. Buterin called Voigt’s advice terrible and, on the contrary, highly appreciated the potential for diversification. The correctness of Buterin’s point of view is confirmed by the fact that the Grauscale organization, which manages client assets worth $50 billion, follows two recommendations from the creator of Ethereum. The Grauscale Digital Large Cap Fund (GDLC) developed by the company invests in six cryptocurrencies at once, and the share of the most “boring” assets Bitcoin and ETH accounts for 91.05% of the invested funds.
#vitaly #buterin #Launchpool #BTC #XAI
$BTC $XRP $ETH
🎄
LIVE
ZeusInCrypto
--
🚨 DON’T SELL 🚨
If you are in loss, don’t sell
If you bought Sol at $125
Or NTRN at $1.40
or TIA at $16
Or #BNB at 330
I repeat don’t sell.
Why you don’t understand we are not in bear market. Every coin which pumped earlier now in accumulation phase which could for days not months.
There is nothing like overnight, you should understand that,
Just hold and wait for profits.
Soon everything will be fine. Doesn’t matter when SEC approves #etf for #BTC spot, halving is around and we will see massive shifts in volumes. Just stay calm and try to accumulate.
#DYOR🟢 #ETH
If you are in loss, don’t sell
If you bought Sol at $125
Or NTRN at $1.40
or TIA at $16
Or #BNB at 330
I repeat don’t sell.
Why you don’t understand we are not in bear market. Every coin which pumped earlier now in accumulation phase which could for days not months.
There is nothing like overnight, you should understand that,
Just hold and wait for profits.
Soon everything will be fine. Doesn’t matter when SEC approves #etf for #BTC spot, halving is around and we will see massive shifts in volumes. Just stay calm and try to accumulate.
#DYOR🟢 #ETH