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The Securities and Futures Commission of Hong Kong (SFC) is exploring the possibility of launching spot ETFs for retail investors.
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👍10x Research: bitcoin will reach $100,000 by January 2025 Bitcoin will reacthe $100,000 mark by January 2025, according to analysts at research firm 10x Research. They explained that when bitcoin reaches a new six-month high, the asset will see an average return of 40% over the next three months. This increase from the current price means that BTC will be worth more than $101,000 in January. $BTC
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✔️ BTC at $72,500, ETH at $2,670. The Fear and Greed Index is 77 (Greed). The altcoin season index is 29. The market capitalization is $2.392 trillion. 👇 In the news: 🔺 Consensys, the developer of MetaMask, will cut ( its staff by 20%. 💸 Tether printed another 1 billion USDT. Thoughts on the coins: 📉 Contenders for Short: - MASK - LINA 📈 Applicants for Long: - NEAR - WLD $BTC
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⭐US can kill Tether with the push of a button if it wants to - CEO Paolo Ardoino 🤬His other statements: ▪️ Tether actively freezes and blacklists suspicious wallets by partnering with 180 government agencies around the world ▪️ We have integrated the FBI into compliance systems ▪️ We have letters of commendation from the U.S. DOJ. ▪️ We're not going to fight the U.S. So much for decentralization. $USDC
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✔️ BTC at $68,500, ETH at $2,510. The Fear and Greed Index is 72 (Greed). The altcoin season index is 31. The market capitalization is $2.271 trillion. 👇 From the news: 🇧🇴 Bisa Bank, one of the largest banks in Bolivia, has allowed customers to buy, sell and store USDT. ⚡️ Metaplanet bought another 156.8 BTC for 1.6 billion yen. 💵 Solana's fee revenue reached $25.73 million in 7 days, outpacing Ethereum's $23.28 million. Thoughts on coins: 📉 Contenders for Short: - SXP - API3 📈 Applicants for Long: - SUI - BIGTIME $BTC
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✔️ BTC at $67,600, ETH at $2,650. The Fear and Greed Index is 70 (Greed). The altcoin season index is 35. The market capitalization is $2.289 trillion. 👇 From the news: 🇺🇸 Cryptocurrency donations for the 2024 U.S. election have surpassed $190 million. 💰 CoinShares : Last week saw $2.2 billion in inflows into crypto funds. 💳 The Avalanche team announced the launch of the Avalanche Card in partnership with Visa. Thoughts on the coins: 📉 Contenders for Short: - CHESS - AXL 📈 Candidates for Long: - W - ONDO $BTC
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