Short Term analysis for $BTC Resistance -45200 Support | WHALO on Binance Square

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Short Term analysis for $BTCResistance -45200
Support - 42400
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Breaking😮 The SEC approves a spot Bitcoin ETF, opening the crypto floodgates. Learn what this means for Bitcoin's future in our in-depth analysis On January 9, 2024, the Securities and Exchange Commission's (SEC) official X (formerly Twitter) account was hacked. The hacker posted a tweet claiming that the SEC had approved spot bitcoin exchange-traded funds (ETFs) for listing on all registered national securities exchanges. This false news caused a brief surge in the price of bitcoin, which touched above $48,000 before falling back down to around $45,700, as investors reacted to the perceived change in regulatory stance. However, the SEC quickly clarified that the tweet was unauthorized and that they had not approved any spot bitcoin ETFs. The hack is a serious incident that raises concerns about the security of social media accounts used by government agencies. It also highlights the potential for market manipulation through the spread of false information. The SEC is investigating the hack and has not yet released any information about the hackers or how they gained access to the account. It is also unclear what steps the SEC will take to prevent similar incidents from happening in the future. Stay more cautious and don't directly react on the news . For more crypto contents do follow. #BTC #etf #spotbtcetf #Manipulation #sectwitterhack

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INVESCO GALAXY FILES FOR SPOT BTC ETF *Important Points - Date of Filing: January 9, 2024 Filing Type: Registration of securities for a spot Bitcoin ETF Companies Involved: Invesco and Galaxy Digital SEC Review: The SEC will now review the filing and decide whether to approve or reject the ETF. *Previous Attempts- Invesco and Galaxy Digital initially filed for a spot Bitcoin ETF in September 2021, but it was rejected by the SEC. *Recent Developments- The recent filing comes amid a renewed push for spot Bitcoin ETFs in the US, with BlackRock also filing for one just days earlier. *Significance- Investor Access: If approved, the ETF would provide investors with a more convenient and regulated way to gain exposure to Bitcoin. *Market Maturation- The filing reflects growing institutional interest in Bitcoin and the belief that the market has matured enough to support a spot ETF. *Potential Impact- Approval of a spot Bitcoin ETF could lead to increased investment in Bitcoin and further mainstream adoption of the cryptocurrency. *SEC Review- The SEC will review the filing and issue a decision within a few months. *Market Reaction- The market will closely watch the SEC's decision, as it could have a significant impact on the price of Bitcoin and the broader cryptocurrency market. For more informative info's do follow & like. 😇 #BTC #ETFApprovalDreams #spotETF #BTCETFSPOT

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AI WORLDBRAIN FUNDING FROM MORGAN STANLEY Morgan Stanley indeed invested in the decentralized AI project Worldbrain, though the exact amount of the investment has not been publicly disclosed. This strategic move highlights the growing interest in the potential of AI and its role in shaping the future. *What actually is Worldbrain (i) A decentralized AI project aiming to create a global, interconnected network of intelligent devices known as DePINs (Decentralized Personal Internet Nodes). (ii) Each DePIN would act as a node in the network, contributing its processing power and storage capacity to the collective intelligence. (iii) This collective intelligence could then be used to solve complex problems, make informed decisions, and even power the next generation of AI applications. * Potential benifits after this funding (i)More efficient and decentralized data processing. (ii)Enhanced data security and privacy. Democratization of access to AI technology. (iii)Development of new and innovative AI applications. For more informative crypto content do follow and like . 😇 #AI #ai #OpenAI

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BLACKROCK RAISES 2 BILIIONS IN FUNDS FOR SPOT BTC BlackRock, a major asset management firm, has reportedly raised $2 billion for a Bitcoin spot exchange-traded fund (ETF). This information comes from Matthew Sigel, the head of digital asset research at VanEck, according to Foresight News. A spot ETF directly tracks the underlying asset, in this case Bitcoin, and aims to reflect its price on the market. Unlike Bitcoin futures ETFs, which are already available, spot ETFs offer a potentially closer link to the actual price of Bitcoin. However, it's important to note that this is still just a report and BlackRock has not officially confirmed it. We need to wait for further information from the firm itself. For more informative crypto contents do follow. #btc #BTCETFSPOT #BTC #ai #BullRun2024.

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THINGS TO KNOW BEFORE INVESTING IN SLEEPLESS AI Sleepless AI coin, denoted by AI, has experienced a roller coaster in recent days, reaching an all-time high yesterday, January 4th, 2024, at $1.45, but currently sitting at $1.14, reflecting a 21.7% drop. Here's a snapshot of its current state: Price: $1.14 USD 24-hour Trading Volume: $380,796,920 USD Market Cap: Unavailable due to unreported circulating supply Rank: Around 9728 (data sources vary) Things to know about Sleepless AI coin: Utility Token: AI functions as the native token for the "Sleepless City" play-to-earn game, facilitating various in-game purchases, discounts, and governance participation. Recent Performance: After a steady climb throughout December, AI surged to its all-time high yesterday but has since corrected sharply. This volatility is not uncommon for smaller altcoins. Before considering any investment in AI: * Understand the fundamentals of Sleepless City and the utility of the AI token within the game ecosystem. Understand the risks: Cryptocurrencies are notoriously volatile, and investing in smaller altcoins like AI carries higher risks. Invest conservatively: Only invest what you can afford to lose, and diversify your portfolio to mitigate risk. I hope this information helps you understand Sleepless AI coin better. Remember, the crypto market is ever-evolving, and staying informed is crucial for making informed decisions. For more latest crypto contents do follow. #AI #SleeplessAI #MemeCoinRevolution #CryptoJoke #ToTheMoon2024

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