2024 Has Been A Monumental Year For Ethereum! While Bitcoin - $BTC long-term holders took a dip, Ethereum holders showcased unwavering confidence.
According To IntoTheBlock, the percentage of Ethereum - $ETH long-term holders skyrocketed from 59% in January to an impressive 75% by year-end. This shift highlights Ethereum's growing appeal as more investors recognize its potential as a long-term asset in the evolving crypto landscape.
The Question Is No Longer, if Ethereum is a solid bet but how much it will reshape the future.
$BTC is consolidating between a descending trendline and key support, with low volume reflecting market indecision. A breakout could spark bullish momentum, while a breakdown may trigger further bearish pressure. #BTC☀ #Bitcoin❗
Michael Saylor Reveals Top 60 Bitcoin-Holding Companies Public corporations are driving the Bitcoin boom, holding 591,368 $BTC collectively. MicroStrategy leads with 444,262 bitcoin, as Saylor shares the list of top holders. #Bitcoin❗ #MicroStrategy
$XRP Is Trading At $2.14, down 1.1% in 24 hours, with a $123B market cap and $5B global trade volume. After peaking at $2.90 earlier this month, it's consolidating with RSI at 48.99, indicating a neutral market. Bearish signals persist as Momentum (-0.42651) and MACD (0.08410) suggest caution. Key levels: support at $2.10 and resistance at $2.40–$2.50. #xrp #Ripple
Institutional Investors, including hedge funds, corporations, and pension funds, are entering the Bitcoin market with significant capital, signaling a shift in the asset's adoption.
These Entities Utilize a range of strategies, from direct purchases on exchanges to indirect investments through Bitcoin ( $BTC ) focused funds and ETFs, which offer simplified exposure without the complexities of managing storage or security. Custodial services further enhance this by providing secure and compliant asset management solutions.
The Growing Presence of institutions underscores Bitcoin's increasing legitimacy and its recognition as a viable long-term investment asset. #BTC☀ #InvestSmartly
$BTC is at a crucial point, holding above key support but below a descending trendline. A breakout and retest above the trendline could confirm bullish momentum, while failure risks a retest or breakdown of support, signaling bearish sentiment. #BTC☀ #TradingSignals
Big news from Bitwise!📰 They've filed for a Bitcoin Standard Corporations ETF with the SEC. This fund is designed to give exposure to companies embracing the Bitcoin standard, each holding at least 1,000 $BTC in their corporate treasury.
$200K Bitcoin 📈🔥 Matt Hougan From Bitwise sees $BTC hitting $200K+ by next year, driven by unstoppable demand from ETFs, institutions, and corporations. Longer term, if governments start holding Bitcoin as a reserve, $500K could become the new reality. #BTC☀ #CryptoNewss
Bitcoin Falls to $95K Amid Profit-Taking and Trump’s Pro-Crypto Stance 📈 📰
$BTC Dropped to $95,135 on Dec. 22, following its surge past $100K earlier this month. Analysts attribute the decline to profit-taking and market uncertainty, influenced by President-elect Trump’s pro-crypto policies, including plans for a national bitcoin reserve and crypto-friendly regulatory appointments. #BTC☀ #CryptoNews
$BTC Recently surged after breaking out of a descending triangle. It’s now nearing key horizontal resistance. A breakout and retest could confirm bullish momentum, while rejection might lead to a retest of support, making these levels crucial for the next move. #BTC☀
Happy Christmas! 🤗 May your Christmas be as bright as a Bitcoin rally and your New Year as bullish as ever! Wishing you endless cheer, prosperity, and gains this holiday season. $BTC $ETH Merry Christmas from the heart of the crypto world! 🎄 #BTC☀ #BinanceAlphaAlert
$BTC is holding above key support, offering temporary stability, but remains under bearish pressure below a descending trendline. A breakout and retest above the trendline could signal bullish momentum, while a breakdown and retest of the support may confirm further downside. #BTC☀
MicroStrategy Added Another 5,262 $BTC to their stack in just one week! 👀 Between Dec. 15-22, they showed yet again why they're the ultimate bitcoin whale 🐋
Digital Asset Investment Products saw a strong week with $308M in total inflows, showing growing investor confidence. Bitcoin - $BTC led the charge with a massive $375M net inflow, even after some mid-week outflows, while Ethereum - $ETH held steady with $51M.
The momentum in the market speaks for itself 📈 #BTCNextMove
🇸🇻 El Salvador Just Added Another $BTC - Bitcoin to its strategic reserve. Slowly but surely, the nation keeps stacking sats and leading the way in Bitcoin adoption 🌍📰 #BTC☀ #CryptoNewss