On December 28, one of Cathie Wood's exchange-traded funds sold the entire remainder of the Grayscale Bitcoin Trust (GBTC). It is assumed that in this way ARK Invest is preparing to launch spot Bitcoin ETFs
Note that actual numbers exceeding expectations are considered a negative/bear market for the US dollar. Indicators below expectations, on the contrary, indicate a positive/bullish mood for the USD.
#BinanceWish Solana is a relatively new cryptocurrency and blockchain platform that has received significant attention recently. Here are some of the latest news and developments in the Solana industry:
1. Rising Popularity: Over the past few months, Solana has attracted a significant amount of attention from investors and developers. Cryptocurrency has significantly increased its market capitalization and has become an attractive choice for trading and investment.
2. Partnerships and integrations: Solana has established partnerships with several large companies and projects such as Chainlink and Serum
3. Decentralized Finance (DeFi): Solana is actively developing its DeFi ecosystem, offering various protocols and applications for lending, exchange, farming and other decentralized financial transactions.
4. Expanding the Ecosystem: The Solana development team is constantly working to expand the ecosystem, offering new tools, technical improvements and innovative functionality to support developers and users.
5. New projects and ICOs: Since the launch of Solana, many new projects and ICOs have been launched
#BinanceTournament I wish you a Merry Christmas and a Happy New Year! May good luck accompany you in cryptocurrency trading and in all your endeavors. May the new year bring you prosperity, success and the achievement of your financial goals. Happy Holidays!
Digarch published a message sent by Shiba Inu team member DaVinci, indicating that the tokens will be burned as originally planned. Digarch believes that the coins were not destroyed in time for security reasons
On December 16, Shiba Inu lead developer Shitoshi Kusama confirmed that several billion SHIBs were "preparing to be roasted," but did not provide an exact date for when they would be destroyed. Kusama invited all community members not to waste time waiting for the liquidation of tokens, and to popularize cryptocurrency and blockchain technology.
Investing.com 4.5★ Go to applicationInstall $1 million worth of Shiba Inu were not burned due to Ledger hack $1 million worth of Shiba Inu were not burned due to Ledger hack Happy Coin News
Published 12/17/2023 13:09
Updated 12/17/2023 13:35
View all comments (1) $1 million worth of Shiba Inu were not burned due to Ledger hack Happycoin.club - A member of the Shiba Inu (SHIB) cryptocurrency community, known under the pseudonym Digarch, suggested that the reason for the transfer of token burning was an attack on the software of Ledger hardware crypto wallets.
Representatives of the startup Shiba Inu promised to destroy SHIB coins worth over $1 million between December 14 and 16. However, the project employees did not keep their word, and the owners of the cryptocurrency based on the dog meme became very angry. Most of all, people were outraged by the silence of the team members, who did not comment on their decision to postpone the liquidation of assets.
Digarch published a message sent by Shiba Inu team member DaVinci, indicating that the tokens will be burned as originally planned. Digarch believes that the coins were not destroyed in a timely manner due to security reasons.
At the end of November, Matrixport predicted that the first cryptocurrency would rise in price to $63,140 by April 2024 and to $125,000 by the end of the next calendar year.
Glassnode later pointed out the preconditions for Bitcoin's volatile fluctuations in the 50% range around the $36,000 level, and Bitwise predicted a new high for digital gold at $80,000.
Recall that JPMorgan analysts assumed that in 2024, Ethereum will surpass Bitcoin and other cryptocurrencies thanks to upcoming updates to scaling the blockchain.
I would like to wish you a Merry Christmas! May this special time of year fill your hearts with warmth and joy.
This Christmas, may your cryptocurrency investments bring you prosperity and good fortune. May every day be filled with new opportunities and unforgettable moments.
We wish you happy holidays, a peaceful Christmas mood and happiness among those near and dear to you.
The cryptocurrency market is constantly changing, and keeping up with the latest news is important for traders and investors. Here are some resources where you can get up-to-date cryptocurrency news:1. CoinDesk (coindesk.com): One of the leading news and analytical portals in the field of cryptocurrency and blockchain.2. Cointelegraph (cointelegraph.com): Another popular site that offers comprehensive news on various aspects of cryptocurrencies and blockchain technology.3. CryptoSlate (cryptoslate.com): A resource that provides news, articles and reviews about cryptocurrency, ICOs and blockchain.4. Crypto Briefing (cryptobriefing.com): Information portal providing news, analysis and research about cryptocurrency and blockchain.5. CoinMarketCap (coinmarketcap.com): This is not only a source of information on prices, market capitalization and trading volume of various cryptocurrencies, but also offers market news. Additionally, follow the official blogs and social media accounts of projects you are interested in or whom you invest. They often give updates on their products and developments. Twitter and Reddit are often excellent platforms for communicating and sharing news with other traders and investors.It is important to note that the cryptocurrency market is highly volatile and news can change quickly. Therefore, update your sources regularly and apply critical thinking when analyzing cryptocurrency news.
Cryptocurrency trading is a high-risk activity, and the best strategies for it depend on the individual preferences and goals of the trader. However, some general strategies that may be helpful include:1. Technical Data Analysis: Use charts and indicators to identify cryptocurrency trends and behavior. This can help in making buying and selling decisions.2. Establish a Money Management Strategy: Determine how much you want to trade on each trade and follow a strict risk management strategy. This may include setting stop losses and profit levels.3. News Watch: Stay up to date with the latest news and events that may affect the price of cryptocurrency. This can help you make informed trading decisions.4. Position of the "long-term investor": Instead of trading on short-term price fluctuations, some traders prefer long-term investment in cryptocurrency. This has its risks, but this approach can be extremely profitable with the right portfolio and strategic approach.5. Using stop orders and limit orders: These tools allow you to automatically sell or buy cryptocurrency when a certain price level is reached. They can be useful in minimizing losses and protecting profits. It is important to remember that there is no guarantee of success when trading cryptocurrency and the market can be very volatile. Always do your own research and consult with a financial advisor before deciding to trade cryptocurrency.
The key driver of the currency's growth remains expectations of approval of the first spot Bitcoin ETF in US history, as well as expectations of the Federal Reserve's move to lower interest rates. Read more about BeInCrypto’s special material: Why BTC has grown and whether to expect Bitcoin at $50,000
Cryptocurrencies, including BTC, are actively updating their annual highs. The SEC has again delayed Grayscale's application for a spot Bitcoin ETF until the end of January. The won's share of the crypto market has overtaken the US dollar for the first time. Read about these and other events in the cryptocurrency market in the weekly BeInCrypto review.
If you are new to cryptocurrency trading, it is important to consider the following aspects:1. Education: Learn the basics of cryptocurrencies and blockchain. Understanding basic terms and principles will help you make more informed decisions.2. Research: Conduct your own research on various cryptocurrencies by examining their technological background, development team, partnerships, and other factors that may influence their price and success.3. Risk Management: Provide yourself with a financial plan, determine your financial goals and the level of risk you are willing to work with. Don't invest more than you can afford to lose.4. Focus on Security: Keep your funds safe by using secure cryptocurrency wallets and two-factor authentication. Protect your accounts from unauthorized access.5. Market Knowledge: Understand that the cryptocurrency market is highly volatile and can be subject to dramatic price changes. Stay informed about news and events that may affect the market.6. Discipline: Develop a trading strategy and stick to it. Avoid emotional reactions to short-term price changes and stick to your plan.7. Exchanges and Trading Platforms: Review different exchanges and trading platforms before choosing the ones that best suit your needs.
Technical analysis of Bitcoin (BTC) is based on studying price charts and trading volumes to identify trends and predict future price movements. Here are some of the main tools and indicators that can be used in technical analysis of BTC:1. Candlestick charts: These allow you to monitor the opening, closing, high and low prices for a specific period of time. With the help of candlestick charts, traders can look for patterns and signals such as support and resistance, trends and reversals.2. Technical Analysis Indicators: There is a wide range of indicators such as moving averages, stochastic oscillator, relative strength and others that help analyze entry and exit points, determine whether an asset is overbought or oversold and other technical parameters.3. Support and Resistance Levels: Traders look for levels where price has historically bounced up or down. Horizontal lines on charts are often used to determine these levels.4. Trends: Traders look for trends in price to determine its direction and make decisions to buy or sell. One format for determining a trend is the use of moving averages.5. Trading Volume: Analyzing trading volume can also provide insight into market strength and confirm technical analysis signals. It is important to remember that technical analysis does not predict the future with an exact probability, it only provides an opportunity to make an informed decision based on an asset's past movements and current trends. Traders can also use combinations of different tools and approaches in their trading strategy.
There is no exact formula for predicting the growth of Bitcoin (BTC), as its price depends on many factors, including market supply and demand, news, regulation, technical aspects and other variables. The cryptocurrency market is also known for its high volatility, which makes forecasting even more difficult. Some traders and analysts use various methods and tools, such as technical chart analysis, fundamental analysis and expert opinion, to make predictions about the possible rise or fall in the price of Bitcoin. However, their accuracy always remains approximate and is based on probabilities. If you are interested in investing in Bitcoin or other cryptocurrencies, it is important to do your own research, consult financial professionals, and make decisions based on your financial goals and risks.