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Meet Mr. #Bitcoin - The Legendary of the Digital Financial Realm! #Bitcoin#tinytick
Meet Mr. #Bitcoin - The Legendary of the Digital Financial Realm!
#Bitcoin
#tinytick
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Cryptocurrency: 3 Coins To Buy Under $0.5 in May 2024 1) VeChain (VET) was among the top-performing assets in the cryptocurrency market in Q1 of 2024. VET is currently trading around the $0.038 mark and is mostly moving sideways in the indices. It spiked nearly 70% between January to March riding the hype of the Bitcoin halving event. 2) Cardona’s Leading altcoin Cardona’s native token ADA is hovering around the $0.45 price range. ADA is receiving a large trading volume touching $282 million this week. Cardano’s ADA is consolidating in price and a leg-up from here could push the cryptocurrency to climb above the $0.50 mark in May 2024. 3) Dogecoin Billionaire Elon Musk could soon integrate Dogecoin as an official form of payment for customers to buy Tesla cars. If the cryptocurrency markets rally, Dogecoin is the first to spike double digits and deliver profits to investors. Dogecoin is mostly the sleeping giant of the cryptocurrency market and rallies when the market turns green.
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Crypto Markets Break Down As Grayscale Sends Over $245,000,000 Worth of Bitcoin to Coinbase Crypto markets have shed nearly $200 billion off their market cap in the last 24 hours as some of the industry’s biggest players appear keen to unload their coins. According to crypto “de-anonymizing” platform Arkham, digital assets manager Grayscale has sent nearly a quarter of a billion dollars worth of Bitcoin (BTC) to Coinbase, potentially to sell on the open market. #tinytick
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$260 billion in trade without a single dollar As the American debt’s wild growth of more than 34,600 billion dollars continues to raise concerns, the BRICS deliver another blow to the greenback. China and Russia, two founding countries of the alliance, plan to conduct 260 billion dollars of trade without resorting to a single American dollar. Only Russian ruble, Chinese yuan, and a little bit of euro. Other members of the coalition are expected to follow suit soon. Perceiving the immediacy of the threat, the USA reacts by combining threats and diplomacy. Details. China and Russia accelerate the BRICS dedollarization plan The threat of dedollarization of global trade has gone beyond the stage of rhetoric. Determined to dethrone the greenback, China and Russia plan to conduct this year 260 billion dollars of trade without using a single dollar.
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Hong Kong Spot Bitcoin ETF begins 30th April 2024. This is big win for the cryptocurrency! This will be the first time in Asia that retail investors have a chance to trade cryptocurrency exchange-traded funds at spot prices. The highly anticipated Hong Kong Spot Bitcoin ETF has officially begun trading today. Indeed, the investment vehicle had been approved to launch on April 30th, with the highly anticipated BTC offering officially going live. Now, all eyes are on how the product could greatly impact mainland China’s cryptocurrency sector. The product approval was granted earlier this month. Moreover, the product is set to debut in the same year as the United States inaugural Spot Bitcoin ETFs. Trading will begin with three Chinese firms, China Asset Management, Bosera Asset Management, and Harvest Global Investment launching the offering.
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Analysts Claim Altcoins Reached Market Bottom, Ready for New Bull Run Michael van de Poppe, a renowned technical analyst, affirmed that the altcoins have bottomed out. He also disclosed his current investment strategy, emphasizing his preference for altcoins due to their attractive pricing. Van de Poppe specifically highlighted altcoins like Optimism (OP), Chainlink (LINK), Celestia (TIA), Woo (WOO), and Skale (SKL). He noted their potential to triple in value against Bitcoin with minimal risk. Similarly, another technical analyst, Luke Martin focused on the Ethereum ecosystem's strength relative to other sectors. He pointed to coins such as Optimism (OP), Arbitrum (ARB), and Polygon (MATIC). These are currently receiving significant attention in the crypto market.
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