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#TradeNTell Why is Bitcoin Price Up Today? Here Are the Major Fueling Factors
After opening the week on a positive note on Monday, the crypto market continued with a bullish outlook during the early Asian session led by Bitcoin (BTC) on Tuesday. The sudden price uptick caught a majority of short traders by surprise, with more than $77 million liquidated from short traders in the past 24 hours.
Having established that the crypto market experiences heightened volatility amid the Federal Reserve monetary policy statements, Bitcoin and Ethereum led the industry in increased bullish volume. Notably, the United Fed will release the interest rate statement on Wednesday, with economists forecasting a hold.
According to on-chain data analysis provided by market intelligence platform Santiment, the supply of Bitcoin and Ethereum on centralized exchanges has declined since the approval of spot Bitcoin ETFs in the United States. Additionally, the firm highlighted that the supply of stablecoins led by Tether USDT has increased, thus implying higher buying power.#TradeNTell #TrendingTopic #BTC #ETH: $BTC $ETH $BNB
After opening the week on a positive note on Monday, the crypto market continued with a bullish outlook during the early Asian session led by Bitcoin (BTC) on Tuesday. The sudden price uptick caught a majority of short traders by surprise, with more than $77 million liquidated from short traders in the past 24 hours.
Having established that the crypto market experiences heightened volatility amid the Federal Reserve monetary policy statements, Bitcoin and Ethereum led the industry in increased bullish volume. Notably, the United Fed will release the interest rate statement on Wednesday, with economists forecasting a hold.
According to on-chain data analysis provided by market intelligence platform Santiment, the supply of Bitcoin and Ethereum on centralized exchanges has declined since the approval of spot Bitcoin ETFs in the United States. Additionally, the firm highlighted that the supply of stablecoins led by Tether USDT has increased, thus implying higher buying power.#TradeNTell #TrendingTopic #BTC #ETH: $BTC $ETH $BNB
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đ„đšđ„ A dangerous secret đ„đšđ„
âŹ ïž If the price of Ethereum #ETH: explodes in this way, there will be an explosion of currencies built on the Ethereum blockchain #ETH: at least 10x double in the coming days.... Be a smart trader and pay attention to the prices of network currencies well đ
â#BinanceSpot
âŹ ïž If the price of Ethereum #ETH: explodes in this way, there will be an explosion of currencies built on the Ethereum blockchain #ETH: at least 10x double in the coming days.... Be a smart trader and pay attention to the prices of network currencies well đ
â#BinanceSpot
crypto today đ°
đ„ #BTC : $65,188 | 24H: +1.87%
đ” #ETH: $3,166 | 24H: +3.21%
đ° #SOL : $150.41 | 24H: +5.36%
đœ #TON : $6.16 | 24H: -0.48%
đ„#trending
#BRETT: $0.07 | 24H: +18.52%
đtop gainer
#BONK: $2.197e-05 | 24H: +43.05%
đtop loser
#PUPS: $44.88 | 24H: -21.59%
Follow for more. thanks â€ïž #realmabbaskhan
đ„ #BTC : $65,188 | 24H: +1.87%
đ” #ETH: $3,166 | 24H: +3.21%
đ° #SOL : $150.41 | 24H: +5.36%
đœ #TON : $6.16 | 24H: -0.48%
đ„#trending
#BRETT: $0.07 | 24H: +18.52%
đtop gainer
#BONK: $2.197e-05 | 24H: +43.05%
đtop loser
#PUPS: $44.88 | 24H: -21.59%
Follow for more. thanks â€ïž #realmabbaskhan
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PRASHANT JHA Hong Kong's regulatory body is considering allowing ETF issuers
Hong Kong regulator is considering allowing ETF issuers to stake Ethereum
The Hong Kong Securities and Futures Commission (SFC) has held discussions with crypto exchange-traded fund issuers about providing staking services via licensed platforms.
Hong Kong regulator is considering allowing ETF issuers to stake EthereumNews
The Hong Kong Securities and Futures Commission (SFC) has held discussions with crypto exchange-traded fund issuers about providing staking services via licensed platforms.
Hong Kong regulator is considering allowing ETF issuers to stake EthereumNews
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In light of the sharp decline in currency prices, do not panic
Do not sell at a loss if you have surplus money. Buy from low levels and in stages
The currencies are then treated as assets and wait for the price to rise again to sell them.
#BNBâ©
#BTCâ
#ETH:
#Binance
#pepecoinđž
Do not sell at a loss if you have surplus money. Buy from low levels and in stages
The currencies are then treated as assets and wait for the price to rise again to sell them.
#BNBâ©
#BTCâ
#ETH:
#Binance
#pepecoinđž
The global cryptocurrency market cap now stands at $1.65T, down by -0.66% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $41,638 and $42,828 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $42,700, up by 0.12%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include BSW, QUICK, and MLN, up by 42%, 35%, and 33%, respectively.
Top stories of the day:
Binance Surpasses 170 Million Users
Bitcoin Slumps to $42.2K as Solana Recovers from 20-Month Highs
Market movers:
#ETH: $2248.71 (+0.61%)
#SOL: $112.05 (-1.29%)
#BNB: $297.3 (+7.44%)
XRP: $0.6243 (0.056%)
ADA: $0.6052 (-0.10%)
AVAX: $43.84 (-5.23%)
DOGE: $0.09217 (-0.02%)
DOT: $8.952 (-0.47%)
MATIC: $1.0738 (+23.51%)
TRX: $0.10391 (-0.75%)
Top gainers on Binance:
#BSW/USDT (+42%)
QUICK/USDT (+35%)
#MLN/USDT (+33%)
Bitcoin (BTC) has been trading between $41,638 and $42,828 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $42,700, up by 0.12%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include BSW, QUICK, and MLN, up by 42%, 35%, and 33%, respectively.
Top stories of the day:
Binance Surpasses 170 Million Users
Bitcoin Slumps to $42.2K as Solana Recovers from 20-Month Highs
Market movers:
#ETH: $2248.71 (+0.61%)
#SOL: $112.05 (-1.29%)
#BNB: $297.3 (+7.44%)
XRP: $0.6243 (0.056%)
ADA: $0.6052 (-0.10%)
AVAX: $43.84 (-5.23%)
DOGE: $0.09217 (-0.02%)
DOT: $8.952 (-0.47%)
MATIC: $1.0738 (+23.51%)
TRX: $0.10391 (-0.75%)
Top gainers on Binance:
#BSW/USDT (+42%)
QUICK/USDT (+35%)
#MLN/USDT (+33%)
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The cryptocurrency market will enter a real bull market in May. In the first half of May, the cryptocurrency market was completely shaken by the big shocks caused by the news last night, and the country's CPI data was better than expected. Which also opened the door to lower interest rates this year, enough to prompt the Fed to cut rates in September and reinforced by this news.
The three major stock indices opened higher and closed higher, bond yields fell, and the cryptocurrency market rebounded across the board. The volume of #bitcoin coin has exceeded 66,000 US dollars, and the price of #ETH: has exceeded 3,000 US dollars. In fact, the popular AI sectors L1, L2, Defi and AI have fully recovered and have not been launched at this moment. In particular, should the environmental sector of #Web3 series idle games receive attention? ?
Those who expected Bitcoin price to drop to $42,000 to $38,000 are speechless at this moment. It is expected that many people will fall before dawn again, and many people will wake up and find that their positions are gone. With both hacks, the contract market once again suffered a double blowout in the cryptocurrency market. Choice always trumps effort. Improve your awareness.
$BTC $ETH
The three major stock indices opened higher and closed higher, bond yields fell, and the cryptocurrency market rebounded across the board. The volume of #bitcoin coin has exceeded 66,000 US dollars, and the price of #ETH: has exceeded 3,000 US dollars. In fact, the popular AI sectors L1, L2, Defi and AI have fully recovered and have not been launched at this moment. In particular, should the environmental sector of #Web3 series idle games receive attention? ?
Those who expected Bitcoin price to drop to $42,000 to $38,000 are speechless at this moment. It is expected that many people will fall before dawn again, and many people will wake up and find that their positions are gone. With both hacks, the contract market once again suffered a double blowout in the cryptocurrency market. Choice always trumps effort. Improve your awareness.
$BTC $ETH
3 Cryptocurrencies That Could Make You a Millionaire
3 Cryptocurrencies That Could Make You a Millionaire
SOL
$168.09
-2.50%
BNB
$576.5
-0.24%
SHIB
$0.00002403
-2.52%
The world of cryptocurrency is full of amazing surprises. It can be hard to keep up with the latest trends, but if you learn how to navigate this field, it has the potential to greatly enrich your life and even benefit future generations.
Alternative cryptocurrencies provide opportunities for profit in a changing market. This article explores successful altcoins. However, investing carries high risks, with potential loss of all funds and no guaranteed protection. Fully understand these risks before investing.
Three Coins Capable of Making You Rich
1. Solana: A Lucrative Investment
Solana has been one of the most profitable coins to hold during this bull season. The tokenâs ecosystem is currently thriving with new meme coin projects, contributing to a steady increase in SOLâs value. Historical trends show that SOL can deliver impressive returns to its holders.
According to CoinCodex, Solana could spike nearly 123% by the end of this year, potentially doubling investorsâ profits in a short period. âSolana may trade within a range of $165.16 and $376.44. If it reaches the upper price target, SOL could increase by 123.79% and reach $376.44.â
Smart traders can make significant profits with timely news. For instance, earning 1,859 SOL (equivalent to $271K) in just 14 hours is possible for those who stay informed and act quickly.
2. Binance Coin: A Promising Investment
Binance Coin, or BNB, is a strong investment with a bright future. It serves a crucial role by powering the Binance exchange initiatives, making it a central coin with a robust use case.
According to CoinCodex, BNB might experience a significant price surge by the end of this year. The token could see a spike of 76%, potentially trading at an impressive $1,021. âBinance Coin may trade within a range of $569.19 and $1,021.60. If it reaches the upper price target, BNB could increase by 76.99% and reach $1,021.60.â
For example, after $PUMP started trading, a whale earned 2,759 BNB (equivalent to $1.6M) on $PUMP in less than one hour. He spent a gas fee of 0.24 BNB ($138) and successfully bought 375.4 billion $PUMP for a cost of 6,000 BNB ($3.48M).
3. Shiba Inu: Creating Millionaires in the Web3 Community
There are numerous stories in the Web3 community about Shiba Inu (SHIB) making several investors millionaires. This token has long been recognized as a top crypto meme coin, known for delivering consistent and impressive returns. According to CoinMarketCap, SHIB has surged nearly 1,858,297% since its launch, now trading at $0.0000248. The token might soon rise by 300%, potentially tripling investorsâ holdings. CoinMarketCap predicts that SHIB could trade at $0.000115, effectively removing a zero from its current price.
âShiba Inu may trade within a range of $0.00002440 and $0.000115. If it reaches the upper price target, SHIB could increase by 363.59% and reach $0.000115.â
A notable example of this success is a SmartMoney investor who deposited 200 billion SHIB (worth $6.5M) to Gemini and Crypto.com to take profits. This investor spent only 10 ETH (about $3,793 at the time) to buy 15.27 trillion SHIB, which is now worth approximately $496 million.
â ïžDisclaimer
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.
SOL
$168.09
-2.50%
BNB
$576.5
-0.24%
SHIB
$0.00002403
-2.52%
The world of cryptocurrency is full of amazing surprises. It can be hard to keep up with the latest trends, but if you learn how to navigate this field, it has the potential to greatly enrich your life and even benefit future generations.
Alternative cryptocurrencies provide opportunities for profit in a changing market. This article explores successful altcoins. However, investing carries high risks, with potential loss of all funds and no guaranteed protection. Fully understand these risks before investing.
Three Coins Capable of Making You Rich
1. Solana: A Lucrative Investment
Solana has been one of the most profitable coins to hold during this bull season. The tokenâs ecosystem is currently thriving with new meme coin projects, contributing to a steady increase in SOLâs value. Historical trends show that SOL can deliver impressive returns to its holders.
According to CoinCodex, Solana could spike nearly 123% by the end of this year, potentially doubling investorsâ profits in a short period. âSolana may trade within a range of $165.16 and $376.44. If it reaches the upper price target, SOL could increase by 123.79% and reach $376.44.â
Smart traders can make significant profits with timely news. For instance, earning 1,859 SOL (equivalent to $271K) in just 14 hours is possible for those who stay informed and act quickly.
2. Binance Coin: A Promising Investment
Binance Coin, or BNB, is a strong investment with a bright future. It serves a crucial role by powering the Binance exchange initiatives, making it a central coin with a robust use case.
According to CoinCodex, BNB might experience a significant price surge by the end of this year. The token could see a spike of 76%, potentially trading at an impressive $1,021. âBinance Coin may trade within a range of $569.19 and $1,021.60. If it reaches the upper price target, BNB could increase by 76.99% and reach $1,021.60.â
For example, after $PUMP started trading, a whale earned 2,759 BNB (equivalent to $1.6M) on $PUMP in less than one hour. He spent a gas fee of 0.24 BNB ($138) and successfully bought 375.4 billion $PUMP for a cost of 6,000 BNB ($3.48M).
3. Shiba Inu: Creating Millionaires in the Web3 Community
There are numerous stories in the Web3 community about Shiba Inu (SHIB) making several investors millionaires. This token has long been recognized as a top crypto meme coin, known for delivering consistent and impressive returns. According to CoinMarketCap, SHIB has surged nearly 1,858,297% since its launch, now trading at $0.0000248. The token might soon rise by 300%, potentially tripling investorsâ holdings. CoinMarketCap predicts that SHIB could trade at $0.000115, effectively removing a zero from its current price.
âShiba Inu may trade within a range of $0.00002440 and $0.000115. If it reaches the upper price target, SHIB could increase by 363.59% and reach $0.000115.â
A notable example of this success is a SmartMoney investor who deposited 200 billion SHIB (worth $6.5M) to Gemini and Crypto.com to take profits. This investor spent only 10 ETH (about $3,793 at the time) to buy 15.27 trillion SHIB, which is now worth approximately $496 million.
â ïžDisclaimer
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.