JUST IN - The SEC of Thailand to allow investment in US #Bi | Ilyas64184089 on Binance Square

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JUST IN - The SEC of Thailand to allow investment in  US #Bitcoin Spot ETFs for institutional investors & high-net-worth individuals.
#BTC #ETFsApproval #etfbtc 

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✅ Three out of the four weeks this month saw Bitcoin close in the green, suggesting that October promises to be a bullish month as well. This week, inflows into Bitcoin ETFs exceeded $1 billion, and market sentiment is becoming more bullish 🐂 Weekly news Hamster Kombat has announced its plans for the rest of 2024 and into 2025 Mango Markets agreed to destroy MNGO tokens in the SEC settlement, SEC alleged that the MNGO token was an unregistered security 🥭 A fake WalletConnect app that was available for four months on the Google Play Store stole over $70,000 worth of crypto The Philippine government is giving young people hands-on experience with crypto, blockchain technology, and NFTs Predictions platform Polymarket is seeking investment of $50 million, amid plans to launch a token 🔸 Both Robinhood and Revolut are considering issuing their stablecoins 🔸 Binance continues to serve Russian users a year after announcing its full exit from Russia 🔸 Binance denied the alleged dark web data leak of its customers' data 🔸 PayPal enables business accounts to buy, sell, and trade crypto CEO of Nvidia done selling about $713 million worth of Nvidia shares Stablecoins and other crypto are starting to replace fiat currencies in Hong Kong Telegram will share users’ IP addresses and phone numbers” with governments in response to valid legal requests Bitcoin miners Bitfarms and Riot Platforms have reached a settlement that ends a months-long conflict 🤝 Ex-Alameda Research CEO Caroline Ellison sentenced to 2 years in prison for her role in FTX fraud DOJ sues Visa over alleged payments monopoly Dubai’s Virtual Asset Regulatory Authority will adopt stricter requirements for companies marketing crypto Donald Trump has said he does not expect to run for election again in 2028 if he is defeated in this November's US presidential elections Kamala Harris vowed to help boost investment in the AI sector and crypto if elected Billionaire Mark Cuban wants to be SEC Chair should Harris win the presidential election

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What is the Bitcoin Rainbow chart? 🌈 The #Bitcoin Rainbow Chart shows Bitcoin's price trends using colored bands. It helps indicate whether Bitcoin is overvalued, fairly valued, or undervalued 🧮 Each color band represents a different price range. For example, dark blue means Bitcoin is highly undervalued, while dark red suggests it's overvalued. 🔍 Although the chart is useful for spotting trends, it only uses historical data. It’s best to combine it with other tools like trading volume and technical analysis. Where we are now? The Bitcoin Rainbow Chart shows Bitcoin's price is now in the "HODL!" zone. This means it’s fairly valued based on past trends 😌 If the price rises, it will enter the "Is this a bubble?" zone, signaling possible overvaluation. If Bitcoin drops into the green or blue bands, it suggests undervaluation and a better buying opportunity 🛒 $BTC

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