After 51 days of trading, the Bitcoin Spot ETF witnessed a shift towards a net inflow yesterday. Inflows to all ETFs amounted to $365 million, while GBTC saw outflows of $350 million, culminating in a total net daily inflow of $15 million. Although Grayscale's outflows remain notable, they've decreased from the previous Monday's $644 million, suggesting a potential downward trend in the days ahead, mirroring last week's pattern. Fidelity experienced a substantial inflow of $262 million, oversha
Despite the price swings, Aptos maintains solid liquidity, and the market outlook continues to be optimistic as one of the strongest alts that have held up during the market dumps currently. Significant price fluctuations in $APT also indicate a potential attempt to reach all-time highs. I strongly believe Aptos might be a top performer soon. Bidding!
The focus this week is intensely on the Consumer Price Index (CPI) for February. Wall Street analysts anticipate that the core CPI index increased by 0.3%, which would bring the annual rate down to 3.7% from January's 3.9%. They expect the overall index to have risen by 0.4% in February, driven by higher energy costs, keeping the annual rate at 3.1%. With the February CPI inflation data less than a day away, it stands as the pivotal figure as the Federal Reserve prepares for their next meeting.
Do you believe we're currently in a bull market? Actually, we're just experiencing the preliminary stages. A genuine bull market driven by solid fundamentals is characterized by surpassing the upper blue band. Once that threshold is crossed, traditional finance (TradFi) will be taken by surprise.
Worldcoin's valuation exceeded $90 billion, surpassing OpenAI's. Its limited supply and narrative appeal drove its surge, but a trend reversal seems imminent due to unnoticed emission increases, potentially setting a high never to be reached again. Investors are eyeing the July unlock event, missing that Worldcoin is boosting its weekly user distributions. Starting this week, it's distributing over 10 million WLD (worth around $92 million) every two weeks, with plans to increase this rate. Last
Bitcoin ETFs have seen net inflows amounting to +6K BTC TODAY, leading to a new record. The total BTC held in ETFs has reached a new all-time high of 725.8K BTC, with 9 new ETFs adding 9K BTC to their holdings. Key highlights include: - Blackrock, adding +3.7K BTC - ARK, with a +2.7K BTC increase - Fidelity, gaining +2.2K BTC - GBTC, experiencing a decrease of -2.9K BTC Bitcoin ETFs are posting astonishingly high figures every single day. They rank among the top 10 for ETFs and top 20 for stocks
BTC reached $50,000, and the following developments are anticipated for this year: - The Bitcoin Halving event - A steady and substantial passive investment inflow from Bitcoin ETFs (with net flows today around $540 million) - Reductions in interest rates - Enhanced liquidity for stablecoins and USD - Anticipation and potential approval of an Ethereum ETF - The impact of an election year - Expected victory of Coinbase over the SEC The cryptocurrency market is facing an unprecedented scenario lik
Bittensor $TAO - A Guide for Beginners Introduction: I encountered Bittensor when it was priced at $100 but refrained from investing. My reason? I don't invest in Cryptocurrencies that I don't fully grasp. My goal is to alleviate this obstacle for prospective Bittensor investors👇🏽 1. Understanding Bittensor: - Picture Bittensor as a vast community where each inhabitant (a Machine Learning Model) possesses unique abilities. - Rather than relying on a singular central processor, Bittensor
Best Crypto Investment Opportunities To Look At Now
Choosing the right investment narrative in the crypto world involves navigating through a sea of tokens, technological innovations, and market strategies. At the core of any successful crypto ecosystem are three pillars: technological innovation, token creation, and compelling narratives. Technological innovation drives the sector forward, from Bitcoin's foundational blockchain to Ethereum's smart contracts and the advent of NFTs and DeFi protocols. These innovations not only introduce new funct
How Will Tomorrow's FOMC Meeting Affect the Markets
A seasoned financial analyst recently highlighted that there's no expectation of immediate changes in interest rates in the forthcoming announcement. The way markets interpret this announcement — as either assertive or lenient — will depend largely on any hints regarding future rate adjustments, which will have a substantial impact on stock/crypto values. The analyst also emphasized the significance of the March 13th Federal Reserve meeting, especially since there won't be a meeting in February
Not sure when to take profits? The golden rule is to slowly scale as coins go up, but here's a more detailed analysis backed by historical market trends.
Let's dive into the concept of reflexivity and its application so that we can better understand the boom-bust sequences and narrative cycle tops. This exploration is not just limited to macroeconomic scales but also applies to smaller timeframes, offering a broader perspective on market behavior. 1. Understanding Reflexivity: Reflexivity, a co
Taking Profits in Crypto & Not Marrying Your Bags Will Change Your Life
I hope individuals start perceiving cryptocurrency as a stepping stone towards achieving their next milestone, rather than solely as a quick path to immense wealth and early retirement. It would be beneficial if people could transform a $5,000 investment into $50,000 and then utilize that sum for practical purposes like making a down payment on a house or funding a three-month travel adventure. Many fail to grasp the concept of opportunity costs and set unrealistic expectations for their returns
🔸Guidance for Purchasing During the Current Market Dip The market is currently experiencing a slight downturn. Here are the key points to focus on: (1) Identify which assets are maintaining their strength despite the market decline. (Refer to the top chart) These assets typically recover first from a dip. From this category, the assets I find more promising are $PENDLE , $SUI, and $TIA. (2) Look for assets that have robust fundamentals but are experiencing a noticeable decrease in value. (See th
Here's Where We Are In The Crypto Market Currently
I'm not claiming to predict price directions, but it seemed apparent that the market was losing steam before the ETF announcement. The ETF news and its launch had minimal impact, indicating a shift in the market trend. Subsequently, certain individual altcoins surged, reigniting the rotation strategy, but we didn't witness a widespread altcoin season like the one from November to early January. This rotation is reminiscent of early and Summer 2023 - a volatile flow of capital, with select memes
The Inscriptions event in December led to contrasting outcomes for various blockchain networks. The period was marked by a significant increase in on-chain activities, resulting in issues like higher transaction (TX) fees for users. Sei Network was one of the networks that maintained its performance during this time. Here's a closer look: 👇🌟 Success Rate: 99%
Even amidst heightened activity, Sei's transaction success rate remained steady, exceeding 99%. It's noteworthy that the Transactions P
$NTRN may have the best 100% ROI gain; $5 looks like a realistic target
$NTRN is being recognized as a strategic investment in the Cosmos and Celestia ecosystems. It's gaining attention due to its notable support and development: - The Lido ($LDO) team is a key player behind $NTRN . - It has solid backing from prominent investors, including Binance Labs, CoinFund, Delphi Ventures, LongHash Ventures, Semantic Ventures, and Nomad Capital.
This project stands out for several reasons: - It functions as a settlement layer for @CelestiaOrg / $TIA roll-ups. - It addresses
Have you heard about MINA? This article aims to shed light briefly on why $MINA could be an excellent investment opportunity, potentially offering up to 100x returns due to its groundbreaking use of Zero-Knowledge Proofs (ZKT).
MINA uses zero-knowledge proofs, a technology that enhances privacy and scalability. This makes it an incredibly efficient and scalable blockchain, with a total size of only 22kb. This compact size is a stark contrast to many existing blockchains and presents a unique a
BNB Network Performed The Best in Inscription ATH txs - Here's Why I'm Buying
Inscriptions have given us a unique opportunity to evaluate the real-time performance of various blockchain networks. There was a time when I harbored concerns regarding Arbitrum's stability... This aspect is vital because these blockchains safeguard our digital finances and act as platforms for trading and investment activities.
◢ Performance of BNB and opBNB Networks: - Both BNB and opBNB mainnet networks operated without any disruptions. - These chains, often not given enough credit, demonst
Whales are rotating to SEI ecosystem: Will SEI hit $1?
Narratives change fast in Crypto. Currently, all eyes are on Solana's extraordinary growth, but the smart money is already anticipating the next major shift. A significant buzz is building around the Sei ecosystem, with many predicting it to be the focal point of the next major rotation in the crypto world. Sei, a Proof of Stake Layer 1 blockchain, stands out with its unique construction. Built on the Cosmos SDK, Sei's tech stack is tailor-made for a crucial component of Web3: Trading. Its lates
BRC20s tokens are going to go higher! Stop missing out, read this guide!
BRC-20 tokens on the Bitcoin network have been experiencing a remarkable surge, with tokens like $mice, $cats, and $Sqts seeing substantial growth. For those new to this space or finding it challenging to navigate the minting and trading of these tokens, here’s a simplified guide to get you started in the BRC-20 ecosystem:
Understanding BRC-20: - Introduced in March 2023 by domodata, the BRC-20 standard is a token standard for Bitcoin. - It allows for the creation, minting, and transfer of tok