BITMEX
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Onchain Research - TheDatafi
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Bullish
Do you guys expect $PENDLE growth higher? 😎
On-chain check from iCrypto.ai shows, the Gnosis Safe Proxy wallet of @Pendle has just activated again:
- 2hrs ago, 100K PENDLE ~ $536K was deposited to Binance
- Apr 3, 1M PENDLE ~ $5.04M was deposited to Binance
- Jan 15, 1.3M PENDLE ~ $2.2M was deposited to Binance
- Jan 3, 1M PENDLE ~ $1.28M was deposited to Binance
This is the multi-sig wallet of the PENDLE project (Received 23M PENDLE 8 months ago), however, every time this wallet becomes active, we see the price of PENDLE increase again.
What do you think about this case?
#DataFi
#iCrypto❤️ #PENDLE🔥🔥 #RWA! #DeFi
On-chain check from iCrypto.ai shows, the Gnosis Safe Proxy wallet of @Pendle has just activated again:
- 2hrs ago, 100K PENDLE ~ $536K was deposited to Binance
- Apr 3, 1M PENDLE ~ $5.04M was deposited to Binance
- Jan 15, 1.3M PENDLE ~ $2.2M was deposited to Binance
- Jan 3, 1M PENDLE ~ $1.28M was deposited to Binance
This is the multi-sig wallet of the PENDLE project (Received 23M PENDLE 8 months ago), however, every time this wallet becomes active, we see the price of PENDLE increase again.
What do you think about this case?
#DataFi
#iCrypto❤️ #PENDLE🔥🔥 #RWA! #DeFi
🚨Further insights on the issue!🚨
BitMEX launches an investigation into an aggressive Bitcoin sell-off! 🔍
- BitMEX's BTC-USDT spot market witnesses a sudden Bitcoin drop to $8,900. 💥
- Over 400 $BTC (not 850 as previously stated) sold within 2 hours, potentially resulting in losses exceeding $4 million. 😱
- BitMEX scrutinized it as "unusual activity" and "potential misconduct" by traders. 🕵️♂️
- No discernible impact observed on derivatives markets, mark prices, or liquidations. 📉
- Bitcoin's price decline coincides with a broader downturn in the crypto market. 📊
What factors do you believe triggered this significant sell-off? Share your insights in the comments below! 👇
#HotTrends #CryptoNews🚀🔥 #BITMEX
BitMEX launches an investigation into an aggressive Bitcoin sell-off! 🔍
- BitMEX's BTC-USDT spot market witnesses a sudden Bitcoin drop to $8,900. 💥
- Over 400 $BTC (not 850 as previously stated) sold within 2 hours, potentially resulting in losses exceeding $4 million. 😱
- BitMEX scrutinized it as "unusual activity" and "potential misconduct" by traders. 🕵️♂️
- No discernible impact observed on derivatives markets, mark prices, or liquidations. 📉
- Bitcoin's price decline coincides with a broader downturn in the crypto market. 📊
What factors do you believe triggered this significant sell-off? Share your insights in the comments below! 👇
#HotTrends #CryptoNews🚀🔥 #BITMEX
LIVEAlbert Minja
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🚨 Bitcoin experienced a dramatic rollercoaster ride on BitMEX, plummeting to $8,900 late Monday! 😱 However, there's no need to panic as it swiftly bounced back to $67,000 within minutes, while other exchanges remained stable above $60,000. 📈
Reports suggest that a significant whale unloaded over 850 $BTC ($55.49M), potentially triggering the flash crash. BitMEX has initiated an investigation into these sizable sell orders. 🔍
Who else noticed this? What do you believe prompted this abrupt decline? 🤔 Feel free to share your insights below! 👇
#cryptocurrency #BitMEX #flashcrash
Reports suggest that a significant whale unloaded over 850 $BTC ($55.49M), potentially triggering the flash crash. BitMEX has initiated an investigation into these sizable sell orders. 🔍
Who else noticed this? What do you believe prompted this abrupt decline? 🤔 Feel free to share your insights below! 👇
#cryptocurrency #BitMEX #flashcrash
BREAKING: A seller on the BitMEX Bitcoin spot market has quickly sold over 400 BTC, causing the price to drop as low as $8,900
#HotTrends #BTC #Bitcoin(BTC) #CryptoNews🚀🔥 $BTC #BITMEX
#HotTrends #BTC #Bitcoin(BTC) #CryptoNews🚀🔥 $BTC #BITMEX
$BTC
The economy continues to show surprising resilience: Data compiled by Bloomberg Intelligence shows that 81% of S&P 500 companies reporting first-quarter earnings have exceeded expectations. It is known that the price of Bitcoin is influenced by central bank policy and macroeconomic liquidity conditions. Some analysts, like #BITMEX co-founder Arthur Hayes, continue to believe that as central bank balance sheets expand, #BTC will continue to surpass $100,000.
The economy continues to show surprising resilience: Data compiled by Bloomberg Intelligence shows that 81% of S&P 500 companies reporting first-quarter earnings have exceeded expectations. It is known that the price of Bitcoin is influenced by central bank policy and macroeconomic liquidity conditions. Some analysts, like #BITMEX co-founder Arthur Hayes, continue to believe that as central bank balance sheets expand, #BTC will continue to surpass $100,000.
BitMEX Adds XRP for Spot Trading Ahead of Ripple vs. SEC Lawsuit Deadline
A well-known cryptocurrency exchange, BitMEX, has added XRP for spot trading to its list of trading options. Through the March 20th, 04:00 UTC launch of the XRP/USDT trading pair, users can now deposit, trade, and withdraw XRP directly on the exchange.
So, the purpose of this new innovation is to improve the trading experience for BitMEX users by offering smooth transactions and navigation on desktop and mobile devices. Additionally, the site allows traders to convert XRP into over 30 different cryptocurrencies.
Ripple vs. SEC: A Legal Showdown Looms
Coinciding with Ripple Labs continuing legal battle with the U.S. Securities and Exchange Commission (SEC), is the timing of XRP’s debut on BitMEX. On March 22, a pivotal day in the litigation, the SEC is scheduled to make a substantial opening statement about the remedies.
The lawsuit, which has captured the attention of the cryptocurrency community, concerns whether U.S. regulations classify transactions made through Ripple’s On-Demand Liquidity (ODL) service as securities.
As the court case moves further, Ripple is getting ready to submit its counter-rebuttal on April 22, and the SEC will respond by May 6, as ETHNews had earlier detailed
Following the filing of the complaint and the SEC’s discovery, this phase is crucial for summarizing the upcoming legal strategies and supporting materials, particularly those pertaining to Ripple’s institutional sales agreements. To explore more details about this development, you can watch the following YouTube video:
Market Watch: Captain Faibik Predicts Price Breakout
With a tweet indicating a big price shift for XRP, cryptocurrency researcher Captain Faibik sparked speculation among these legal and operational changes.
On XRP’s weekly chart, Captain Faibik drew attention to a Symmetrical Triangle pattern that was developing. This pattern is frequently linked to trend continuation.
Investors and traders are closely observing this development in the hopes that the anticipated breakthrough will result in substantial market gains and that the analyst’s suggested $2.50 mid-term target will be reached.
Meanwhile, the XRP price appeared to try to recover in the last 24 hours, rising 0.56% to $0.5952. This reflects a slump of more than 12% in the past week. XRP is currently the 6th largest cryptocurrency by market cap.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#BITMEX #RippleXRP
So, the purpose of this new innovation is to improve the trading experience for BitMEX users by offering smooth transactions and navigation on desktop and mobile devices. Additionally, the site allows traders to convert XRP into over 30 different cryptocurrencies.
Ripple vs. SEC: A Legal Showdown Looms
Coinciding with Ripple Labs continuing legal battle with the U.S. Securities and Exchange Commission (SEC), is the timing of XRP’s debut on BitMEX. On March 22, a pivotal day in the litigation, the SEC is scheduled to make a substantial opening statement about the remedies.
The lawsuit, which has captured the attention of the cryptocurrency community, concerns whether U.S. regulations classify transactions made through Ripple’s On-Demand Liquidity (ODL) service as securities.
As the court case moves further, Ripple is getting ready to submit its counter-rebuttal on April 22, and the SEC will respond by May 6, as ETHNews had earlier detailed
Following the filing of the complaint and the SEC’s discovery, this phase is crucial for summarizing the upcoming legal strategies and supporting materials, particularly those pertaining to Ripple’s institutional sales agreements. To explore more details about this development, you can watch the following YouTube video:
Market Watch: Captain Faibik Predicts Price Breakout
With a tweet indicating a big price shift for XRP, cryptocurrency researcher Captain Faibik sparked speculation among these legal and operational changes.
On XRP’s weekly chart, Captain Faibik drew attention to a Symmetrical Triangle pattern that was developing. This pattern is frequently linked to trend continuation.
Investors and traders are closely observing this development in the hopes that the anticipated breakthrough will result in substantial market gains and that the analyst’s suggested $2.50 mid-term target will be reached.
Meanwhile, the XRP price appeared to try to recover in the last 24 hours, rising 0.56% to $0.5952. This reflects a slump of more than 12% in the past week. XRP is currently the 6th largest cryptocurrency by market cap.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#BITMEX #RippleXRP
Arthur Hayes, former BitMEX CEO, has made bullish predictions for Bitcoin (BTC) and Ethereum (ETH), suggesting BTC could reach $1 million and ETH $100,000, influenced by ancestral guidance from Rapa Nui.
He's tied BTC's rise to the US Federal Reserve's decisions and anticipates a financial crisis. Hayes introduced "The Doom Loop" concept to trigger the next crypto bull market.
Veteran crypto trader Peter Brandt predicts BTC reaching $43,200 this year and expects growth after the April 2024 halving. These forecasts provide diverse perspectives on the future of BTC and ETH, reflecting the ongoing debate and uncertainty in the crypto market.
#ArthurHayes #BITMEX #RapaNui
He's tied BTC's rise to the US Federal Reserve's decisions and anticipates a financial crisis. Hayes introduced "The Doom Loop" concept to trigger the next crypto bull market.
Veteran crypto trader Peter Brandt predicts BTC reaching $43,200 this year and expects growth after the April 2024 halving. These forecasts provide diverse perspectives on the future of BTC and ETH, reflecting the ongoing debate and uncertainty in the crypto market.
#ArthurHayes #BITMEX #RapaNui
BitMEX Former CEO Arthur Hayes Named a New Altcoin and Made a Record Prediction for its Price
BitMEX former CEO Arthur Hayes, who attracted attention with his striking statements and analyzes on Bitcoin (BTC) and cryptocurrencies, put Binance's latest Launchpool project, Ethena (ENA), on his radar in his X post.
Ethena, a DeFi project that was recently launched and listed by many exchanges including Binance, has increased its popularity in the crypto market with its rise of over 20%.
BitMEX co-founder Arthur Hayes expressed bullish expectations, noting the popularity of ENA and predicting a rise for the ENA price to $10.
“Korean Investors Have Not Stepped In Yet!
Expressing his support for the DeFi project with his record prediction of $ 10 for the ENA price, Hayes said that ENA is not yet listed on Korean exchanges.
According to Hayes, there may be a strong rise in ENA price when Korean investors start trading after the ENA listing.
Arthur Hayes' $10 share for the ENA price is just a prediction, and investors should approach Hayes' predictions with caution, considering that the cryptocurrency market is inherently volatile and unpredictable. Therefore, make your investment decisions based on your own research.
*This is not investment advice.*
#BITMEX #Ethena! #BTC、 #Altcoins👀🚀 #BullorBear
BitMEX former CEO Arthur Hayes, who attracted attention with his striking statements and analyzes on Bitcoin (BTC) and cryptocurrencies, put Binance's latest Launchpool project, Ethena (ENA), on his radar in his X post.
Ethena, a DeFi project that was recently launched and listed by many exchanges including Binance, has increased its popularity in the crypto market with its rise of over 20%.
BitMEX co-founder Arthur Hayes expressed bullish expectations, noting the popularity of ENA and predicting a rise for the ENA price to $10.
“Korean Investors Have Not Stepped In Yet!
Expressing his support for the DeFi project with his record prediction of $ 10 for the ENA price, Hayes said that ENA is not yet listed on Korean exchanges.
According to Hayes, there may be a strong rise in ENA price when Korean investors start trading after the ENA listing.
Arthur Hayes' $10 share for the ENA price is just a prediction, and investors should approach Hayes' predictions with caution, considering that the cryptocurrency market is inherently volatile and unpredictable. Therefore, make your investment decisions based on your own research.
*This is not investment advice.*
#BITMEX #Ethena! #BTC、 #Altcoins👀🚀 #BullorBear
BitMEX Co-Founder Foresees Bitcoin Surge Amidst Growing Dollar Liquidity: Insights
Arthur Hayes, the co-founder of BitMEX, one of the leading cryptocurrency derivatives exchanges, has made a bold prediction regarding the future of Bitcoin amidst a notable rise in dollar liquidity. Hayes, a prominent figure in the crypto space, shared insights suggesting an imminent surge in the value of Bitcoin, attributing it to the increasing availability of dollar liquidity in the market.
In a recent interview, Hayes discussed the correlation between the value of Bitcoin and the liquidity of the US dollar. He highlighted that historically, periods of high dollar liquidity have often coincided with bullish trends for Bitcoin. The co-founder's prediction stems from his observation of market dynamics and the potential impact of the dollar's liquidity on the cryptocurrency landscape.
Hayes pointed out that as global economic conditions evolve, particularly in response to central bank policies and fiscal measures, the availability of dollar liquidity tends to influence investors' behavior across various asset classes, including cryptocurrencies. He suggested that a surge in dollar liquidity could lead to increased investment in Bitcoin as a hedge against inflation and market uncertainties.
The prediction aligns with ongoing discussions about Bitcoin's status as a store of value, especially in times of economic turbulence. The cryptocurrency's finite supply and decentralized nature have positioned it as a potential safe haven asset, attracting investors seeking alternatives to traditional financial instruments.
However, Hayes also emphasized the inherent volatility of the cryptocurrency market, cautioning investors about the risks associated with Bitcoin and the need for a well-calibrated investment strategy. He highlighted the importance of understanding the market dynamics and being mindful of the potential fluctuations in value.
#binannce #BinanceCEO #BITMEX
Arthur Hayes, the co-founder of BitMEX, one of the leading cryptocurrency derivatives exchanges, has made a bold prediction regarding the future of Bitcoin amidst a notable rise in dollar liquidity. Hayes, a prominent figure in the crypto space, shared insights suggesting an imminent surge in the value of Bitcoin, attributing it to the increasing availability of dollar liquidity in the market.
In a recent interview, Hayes discussed the correlation between the value of Bitcoin and the liquidity of the US dollar. He highlighted that historically, periods of high dollar liquidity have often coincided with bullish trends for Bitcoin. The co-founder's prediction stems from his observation of market dynamics and the potential impact of the dollar's liquidity on the cryptocurrency landscape.
Hayes pointed out that as global economic conditions evolve, particularly in response to central bank policies and fiscal measures, the availability of dollar liquidity tends to influence investors' behavior across various asset classes, including cryptocurrencies. He suggested that a surge in dollar liquidity could lead to increased investment in Bitcoin as a hedge against inflation and market uncertainties.
The prediction aligns with ongoing discussions about Bitcoin's status as a store of value, especially in times of economic turbulence. The cryptocurrency's finite supply and decentralized nature have positioned it as a potential safe haven asset, attracting investors seeking alternatives to traditional financial instruments.
However, Hayes also emphasized the inherent volatility of the cryptocurrency market, cautioning investors about the risks associated with Bitcoin and the need for a well-calibrated investment strategy. He highlighted the importance of understanding the market dynamics and being mindful of the potential fluctuations in value.
#binannce #BinanceCEO #BITMEX
Good morning!
There's some panic about #BTC🔥🔥🔥🔥
dropping to $8000, but let's clarify: it didn't happen! It occurred on a lesser-known exchange resembling #FTX.
These isolated incidents shouldn't rattle us; small exchanges like #BITMEX often involve shady practices.
Relax, folks! Let's worry when it impacts the broader market, not just some sketchy exchange. #Write2Earn #HotTrends .
Please follow for updates and likes. Tips appreciated! $BTC $SOL L $BNB
There's some panic about #BTC🔥🔥🔥🔥
dropping to $8000, but let's clarify: it didn't happen! It occurred on a lesser-known exchange resembling #FTX.
These isolated incidents shouldn't rattle us; small exchanges like #BITMEX often involve shady practices.
Relax, folks! Let's worry when it impacts the broader market, not just some sketchy exchange. #Write2Earn #HotTrends .
Please follow for updates and likes. Tips appreciated! $BTC $SOL L $BNB
LIVEStellar Stocks Trading
--
Bullish
Claim Free FDUSD Rewards From Binance Pay
Claim Free FDUSD Rewards
#HotTrends #sol #DOGE #WIF #BTC
Claim Free FDUSD Rewards
#HotTrends #sol #DOGE #WIF #BTC
🧐 Arthur Hayes, former CEO of BitMEX, predicts a resurgence in Bitcoin’s #bullmarket due to a potential $1.4 trillion liquidity spike from U.S. economic measures.
The focus is on U.S. Treasury Secretary Janet Yellen rather than the Federal Reserve. Upcoming Treasury documents could outline significant monetary injections via the Treasury General Account and Reverse Purchase Agreements, potentially catalyzing the market.
#BITMEX #BitcoinPrediction #bullish #TrendingTopic
The focus is on U.S. Treasury Secretary Janet Yellen rather than the Federal Reserve. Upcoming Treasury documents could outline significant monetary injections via the Treasury General Account and Reverse Purchase Agreements, potentially catalyzing the market.
#BITMEX #BitcoinPrediction #bullish #TrendingTopic
Arthur Hayes' Take on Fed Decision and Crypto Positivity. 🪙💰
Renowned in the crypto sphere as the co-founder of BitMEX exchange, Arthur Hayes recently weighed in on the Federal Reserve's recent decision, offering valuable insights into its implications for the cryptocurrency market.
Positive Response to Fed Decision:
Hayes emphasized the favorable impact of the Federal Reserve's decision to maintain steady interest rates, noting positive market reactions. Shared a news image depicting Wall Street traders gearing up for a significant move in 2024.
No Room for Crypto Negativity:
Expressing unwavering confidence in cryptocurrencies, Hayes dismissed negative sentiments. Urged followers to embrace the potential of cryptocurrencies while questioning the value of traditional fiat money.
Bitcoin's Paramount Role:
Consistently stressing Bitcoin's pivotal role, Hayes discussed its status as the most valuable asset and its significance in financial advancements.
Diversification in Trading:
Hayes revealed involvement in trading various cryptocurrencies, including meme coins and altcoins. Highlights a diversified trading strategy extending beyond the realms of Bitcoin.
Market Outlook for 2024:
The shared news image suggests Wall Street traders preparing for a substantial financial move in 2024. Implies a potential shift in traditional finance towards increased involvement in crypto investments.
In a dynamically evolving financial landscape, Arthur Hayes' insights shine a light on the prevailing optimism surrounding cryptocurrencies, particularly following significant economic decisions. As the crypto market continues to integrate with traditional finance, Hayes underscores Bitcoin's enduring significance and advocates for a positive outlook on the future. Stay tuned for more updates in this exciting intersection of traditional and digital finance.
#ArthurHayes #BITMEX #Fed #Wallstreet
Renowned in the crypto sphere as the co-founder of BitMEX exchange, Arthur Hayes recently weighed in on the Federal Reserve's recent decision, offering valuable insights into its implications for the cryptocurrency market.
Positive Response to Fed Decision:
Hayes emphasized the favorable impact of the Federal Reserve's decision to maintain steady interest rates, noting positive market reactions. Shared a news image depicting Wall Street traders gearing up for a significant move in 2024.
No Room for Crypto Negativity:
Expressing unwavering confidence in cryptocurrencies, Hayes dismissed negative sentiments. Urged followers to embrace the potential of cryptocurrencies while questioning the value of traditional fiat money.
Bitcoin's Paramount Role:
Consistently stressing Bitcoin's pivotal role, Hayes discussed its status as the most valuable asset and its significance in financial advancements.
Diversification in Trading:
Hayes revealed involvement in trading various cryptocurrencies, including meme coins and altcoins. Highlights a diversified trading strategy extending beyond the realms of Bitcoin.
Market Outlook for 2024:
The shared news image suggests Wall Street traders preparing for a substantial financial move in 2024. Implies a potential shift in traditional finance towards increased involvement in crypto investments.
In a dynamically evolving financial landscape, Arthur Hayes' insights shine a light on the prevailing optimism surrounding cryptocurrencies, particularly following significant economic decisions. As the crypto market continues to integrate with traditional finance, Hayes underscores Bitcoin's enduring significance and advocates for a positive outlook on the future. Stay tuned for more updates in this exciting intersection of traditional and digital finance.
#ArthurHayes #BITMEX #Fed #Wallstreet
📣 #BITMEX offers 200x leverage for ether perpetuals ahead of anticipated US spot ETFs
The Seychelles-based crypto derivatives exchange announced on Wednesday that it will increase the maximum #Leverage: of its ether perpetuals product to 200x. The leverage boost comes in the wake of the recent U.S. Securities and #exchange Commission (SEC) regulatory approval of spot ether ETFs, which has heightened market volatility.
#BnbAth #StartInvestingInCrypto
The Seychelles-based crypto derivatives exchange announced on Wednesday that it will increase the maximum #Leverage: of its ether perpetuals product to 200x. The leverage boost comes in the wake of the recent U.S. Securities and #exchange Commission (SEC) regulatory approval of spot ether ETFs, which has heightened market volatility.
#BnbAth #StartInvestingInCrypto
Mysterious Bitcoin Whale's Massive Accumulation Sparks Speculation. 🪙🐋
In the dynamic world of cryptocurrency, a mysterious Bitcoin wallet has captured the attention of enthusiasts and experts alike. This enigmatic digital wallet surfaced with a staggering 12,071 BTC, equivalent to a jaw-dropping $531 million, within a mere 30-day span, as closely monitored by Arkham Intelligence.
Birthed into existence on November 1, this wallet has been consistently receiving Bitcoin from various addresses, with the initial transactions traced back to the BitMEX exchange, adding an extra layer of intrigue to its origins.
Speculation by Lark Davis:
Lark Davis, the visionary founder of Wealth Mastery, speculates that institutional investors may be strategically positioning themselves ahead of a potential approval of a spot Bitcoin ETF. This speculation gains weight as the wallet's accumulation coincides with the SEC's engagements with notable players like Grayscale and BlackRock.
SEC Engagement and ETF Approval Expectations:
The recent formal engagements between the SEC and asset managers, as revealed in a memo, hint at a potential decision regarding the approval of a Bitcoin exchange-traded fund (ETF). Industry experts are optimistic about the launch of crypto ETFs in the U.S. early next year, creating a ripple of bullish sentiments.
Insights from Grayscale's Chief Legal Officer:
Grayscale's Chief Legal Officer, Craig, contributes to the positive momentum narrative in discussions between regulators and the cryptocurrency industry. He expresses confidence that spot Bitcoin ETFs are not a matter of "if" but "when," with key focal points for 2024 being ETF progress, the upcoming election, and ongoing legal matters enhancing regulatory clarity.
Significance of ETF Approval:
James Lavish, a crypto influencer, highlights ETF approval's crucial role in mainstream acceptance, framing Bitcoin as "digital gold." Despite regulatory doubts, he leans towards taxation as a more likely scenario.
#BTC #whale #BITMEX #ETF #ARKHAM
In the dynamic world of cryptocurrency, a mysterious Bitcoin wallet has captured the attention of enthusiasts and experts alike. This enigmatic digital wallet surfaced with a staggering 12,071 BTC, equivalent to a jaw-dropping $531 million, within a mere 30-day span, as closely monitored by Arkham Intelligence.
Birthed into existence on November 1, this wallet has been consistently receiving Bitcoin from various addresses, with the initial transactions traced back to the BitMEX exchange, adding an extra layer of intrigue to its origins.
Speculation by Lark Davis:
Lark Davis, the visionary founder of Wealth Mastery, speculates that institutional investors may be strategically positioning themselves ahead of a potential approval of a spot Bitcoin ETF. This speculation gains weight as the wallet's accumulation coincides with the SEC's engagements with notable players like Grayscale and BlackRock.
SEC Engagement and ETF Approval Expectations:
The recent formal engagements between the SEC and asset managers, as revealed in a memo, hint at a potential decision regarding the approval of a Bitcoin exchange-traded fund (ETF). Industry experts are optimistic about the launch of crypto ETFs in the U.S. early next year, creating a ripple of bullish sentiments.
Insights from Grayscale's Chief Legal Officer:
Grayscale's Chief Legal Officer, Craig, contributes to the positive momentum narrative in discussions between regulators and the cryptocurrency industry. He expresses confidence that spot Bitcoin ETFs are not a matter of "if" but "when," with key focal points for 2024 being ETF progress, the upcoming election, and ongoing legal matters enhancing regulatory clarity.
Significance of ETF Approval:
James Lavish, a crypto influencer, highlights ETF approval's crucial role in mainstream acceptance, framing Bitcoin as "digital gold." Despite regulatory doubts, he leans towards taxation as a more likely scenario.
#BTC #whale #BITMEX #ETF #ARKHAM
BitMEX co-founder Arthur Hayes has expressed his views on Solana (SOL), indicating a potential return to its original position. Posting a chart illustrating SOL price fluctuations, Hayes suggested, “I think it’s time to get back on track.” In light of his perspective on Bitcoin's correction bottoming out in the $30,000-$35,000 range, Hayes has taken strategic positions, including purchasing a put option with a $35,000 strike price expiring on March 29. Simultaneously, he initiated a weak stop loss for his Solana holdings. Hayes disclosed the closure of his SOL and BONK positions, with plans to resume buying dips, incorporating Solana and WIF, if BTC drops below $35,000. As of the latest data from CoinMarketCap, SOL is currently trading at $97.24, reflecting a 3.70% decline.
#BITMEX #Ftx❓ #FTT/USDT
#BITMEX #Ftx❓ #FTT/USDT
Crypto Billionaire Arthur Hayes Unveils 8 Altcoins Set for a ‘Bull Rally’
On February 21, BitMEX co-founder and Maelstrom’s Chief Investment Officer, Arthur Hayes, revealed eight altcoins he believes will experience significant growth as the crypto bull season draws near. His lineup includes dYdX, GMX, Flare, Pendle, Krav, Elixir, Ethena, and Axelar.
#altoins #crypto #BullRun🐂 #Write2Earn #BITMEX
$DYDX $GMX $PENDLE
On February 21, BitMEX co-founder and Maelstrom’s Chief Investment Officer, Arthur Hayes, revealed eight altcoins he believes will experience significant growth as the crypto bull season draws near. His lineup includes dYdX, GMX, Flare, Pendle, Krav, Elixir, Ethena, and Axelar.
#altoins #crypto #BullRun🐂 #Write2Earn #BITMEX
$DYDX $GMX $PENDLE
#Graysacle Bitcoin trust (GBTC) Witnesses Slowing Withdrawal Volumes:
Over the past few days, Grayscale’s Bitcoin Trust (GBTC) has shown a notable decline in withdrawal volumes, indicating a potential shift in investor sentiment. According to data from #BITMEX Research, on Feb. 23, #gbtc experienced withdrawals amounting to $44.2 million, marking the lowest daily volume since its transition on Jan. 11 from an over-the-counter product to an exchange-traded fund (ETF).
The trend of decreasing outflows is evident when examining the data from January onwards. By the end of January, GBTC had reported total withdrawals of $5.64 billion, with a substantial $640 million leaving on Jan. 22 alone. As February progresses, the pace of outflows has continued to slow, with a total of $1.8 billion withdrawn so far this month. Since its inception, GBTC has seen a total withdrawal of $7.4 billion.
This slowdown in withdrawals may suggest a stabilization or even a potential reversal in investor sentiment towards GBTC. It could signify a shift in strategy among investors, with some choosing to hold onto their positions rather than liquidating them. Additionally, it may reflect a growing confidence in Bitcoin and cryptocurrency markets as a whole, prompting investors to reconsider their withdrawal decisions.
While it’s essential to monitor the situation closely for further developments, the recent data indicates a notable shift in GBTC’s withdrawal patterns, potentially signaling changing dynamics within the cryptocurrency investment landscape.
#Write2Earn #TrendingTopic $BTC
Over the past few days, Grayscale’s Bitcoin Trust (GBTC) has shown a notable decline in withdrawal volumes, indicating a potential shift in investor sentiment. According to data from #BITMEX Research, on Feb. 23, #gbtc experienced withdrawals amounting to $44.2 million, marking the lowest daily volume since its transition on Jan. 11 from an over-the-counter product to an exchange-traded fund (ETF).
The trend of decreasing outflows is evident when examining the data from January onwards. By the end of January, GBTC had reported total withdrawals of $5.64 billion, with a substantial $640 million leaving on Jan. 22 alone. As February progresses, the pace of outflows has continued to slow, with a total of $1.8 billion withdrawn so far this month. Since its inception, GBTC has seen a total withdrawal of $7.4 billion.
This slowdown in withdrawals may suggest a stabilization or even a potential reversal in investor sentiment towards GBTC. It could signify a shift in strategy among investors, with some choosing to hold onto their positions rather than liquidating them. Additionally, it may reflect a growing confidence in Bitcoin and cryptocurrency markets as a whole, prompting investors to reconsider their withdrawal decisions.
While it’s essential to monitor the situation closely for further developments, the recent data indicates a notable shift in GBTC’s withdrawal patterns, potentially signaling changing dynamics within the cryptocurrency investment landscape.
#Write2Earn #TrendingTopic $BTC
