Trump and Bitcoin: Could a Major Announcement Be Coming?
$BTC
The Bitcoin 2024 Conference in Nashville is approaching, and rumors are flying. Could former US President Donald Trump be about to make a game-changing announcement? Some believe he might declare Bitcoin a strategic reserve asset for the United States.
He claims Trump’s upcoming speech will confirm that Bitcoin $BTC will be part of the US Treasury’s reserves. “This is no joke. My sources are credible,” says Porter. Imagine the US holding Bitcoin in its reserves! The very idea is electrifying the crypto community.
Trump has recently announced Senator JD Vance, a known crypto supporter, as his vice-presidential candidate for the 2024 election. The pieces of this puzzle are coming together, creating a fascinating picture.

A First Happens in Bitcoin (BTC) After Seven Months: Red Alert for Altcoins!

Bitcoin, the leading cryptocurrency, has closed every month in green, that is, with an increase, since last August.

However, BTC appears to be on track to end its seven-month winning streak, which started in September. Because Bitcoin is preparing to close April in red after 7 months.

While many analysts have made different assessments on this issue, the reason why Bitcoin closed April with a decline is a number of factors such as the reduced likelihood of the FED to cut interest rates in 2024, the decrease in demand for US-based spot Bitcoin ETFs and broad-based risk aversion in financial markets. He thinks it is effective.

While analysts generally expect further declines in the BTC price, Fairlead Strategies analysts are bullish for BTC.

According to Coindesk, Fairlead Strategies analysts said that the Bitcoin dominance rate has risen above a critical level, which is a signal for further rise.

Stating that Bitcoin's dominance rate increased to 57%, the highest level in three years, and exceeded the six-month consolidation model, Fairlead Strategies analysts said that this rise means that Bitcoin will outperform altcoins in the coming months and may continue to overshadow altcoins.
$BTC

Shiba Inu Update: Over 700M Token Burn! SHIB Eyes a Price Surge to $0.00004

Shiba Inu is a leading dog-themed meme cryptocurrency that has captured the attention of crypto traders and investors across the cryptocurrency market on April 20 due to an impressive increase in its weekly token burn rate.

This notable spike in token burning occurred as the broader cryptocurrency market began to recover following a halving event, significantly impacting the meme coin’s dynamics. The surge in Shiba Inu’s weekly burn rate contributed to a positive sentiment among market participants.

In the last 24 hours, SHIB surged nearly 3%, creating bullish waves in the cryptocurrency market. Moreover, investors are now keenly watching the token’s future price movements. However, this is an in-depth analysis of the crucial market dynamics for the world’s second-largest meme cryptocurrency, focusing on its key cryptographic metrics.

BTC Miners are Staring at Losses Worth $5 Billion

The fourth Bitcoin halving event is scheduled for April 20, during which the mining rewards will be cut from 6.25 to 3.125 BTC. Additionally, the miners could potentially liquidate $5 Billion worth of BTC after the halving.

On April 13, research was carried out by the head of research at 10x Research, Markus Thielen, on Bitcoin halving and its implications on miners’ profits. The event could result in a multi-dollar drop in revenue.

“The overhang from this selling could last four to six months, explaining why Bitcoin might go sideways for the next few months — as it has done following past halvings,” said Thielen.

The price of Bitcoin remained between $9,000 and $11,500 in the five months after the 2020 halving, and the market will not indicate any significant spike until October if history repeats itself.

Furthermore, the daily rewards for the miners will decline from 900 to 450 BTC, and the reduction in the rewards could result in a loss of approximately $5 Billion annually for the whole mining industry.

Thielen also emphasized the altcoins and predicted that the halving event would also affect the altcoin’s performance. Many of the altcoins have fallen back heavily in the past few weeks, whereas many remain a long way from reaching their peak in 2021.

Such situations raise concerns and risks for the crypto industry, encouraging companies like CleanSpark Inc. and Marathon Digital Holdings Inc. to invest in new mining equipment as well as acquire small competitors. These efforts will help the companies compensate for the expected decline in revenue.
Marathon, the world’s largest Bitcoin miner, generates 28-30 BTC per day and shifts to generation of 14-15 BTC per day following the Bitcoin halving event. Last week, Marathon’s CEO Peter Thiel stated that the company’s break-even rate is anticipated to be over $46,000 per BTC to remain profitable after the halving event.

Market again going back…
Be careful…

Hot Cryptos for 2024

Solana (SOL)

Solana is currently ranked among the top 5 in the crypto space, with a circulation supply of $81,142,221,625.04 and a market cap of 444,304,441 SOL. Solana has had a very fruitful month with SOL price skyrocketing by 65% in the past month. The top trader believes there’s more to come despite it witnessing a correction after weeks of green days. Cryptocurrency traders announced their forecast for the Solana price in April 2024. They predicted that the minimum trading cost might be $237.51, while the maximum might reach $625.68 in March 2024. The expected value, on average, might be around $431.60. The trader believes Solana can hit this target as it will likely maintain its growth trajectory. Given its bullish momentum and unique value, he predicts 1000x returns for traders who invest in it.

Pepe Coin (PEPE)

Pepe coin has now accumulated a massive community as it has recently rallied past average metrics, projecting bullish signals. According to recent data from Coinmarketcap, the cryptocurrency has surged by 717.95% in the last month. It also noted a spike of 245.40% in the past seven days, showing a positive price trajectory. The Pepe community, driving the coin’s value up several notches, influences its growing popularity. The data obtained from LookOnChain shows staggering statistics about the coin being the central choice for crypto whales. Reportedly, one crypto whale has purchased 840.86 billion coins from Binance. This shows how strong the popularity quotient of PEPE is at the moment. The coin might soon skyrocket to a new price due to the bullish trend and popularity. Data shared by Changelly revealed that PEP could soon outshine other tokens to reach a new ATH. From the technical analysis of PEPE prices, the trader believes PEPE is a worthy investment for anyone looking to become a millionaire in 2024. Pepe coin is currently the third meme coin according to market capitalization, and with the market sentiment in its favour, it promises a flourishing year.

BTC UPDATE.

BTC needs to stay above 68500$. In Case 72200$ Break Above 73-74-77k

In Case Drop below 68500$ - 67-65-62k.

Let's see 🍁🍁
#BitcoinHalvingDrama

#wifdoghat

Dogwifhat Price Prediction 2024 – 2030: Will WIF Price Explode This Year

The live price of the WIF token is $ 2.92070131.
dogwifhat price could surge to a maximum of $4.12 by the end of 2024.
WIF with a potential surge, could go as high as $13.55 by the end of 2030.

WIF Price Prediction April 2024

#1inch The stout fundamentals of the project might attract the interests of institutions, whalestats, and a wider audience. With further supplements from growing adoptions and alliances, the price might propel to a maximum of $0.857.

On the contrary, the price of 1inch might sink to $0.392. However, the network not standing true to its expectations could result in negative criticism, which will have a negative impact on the price projection of 1inch. Successively, the lack of fulfilling events could restrict the average price to $0.624. The live price of 1 Inch network is $ 0.60355825.
1 inch Network price might surge as high as $0.857 by the end of 2024.
1INCH price with a potential surge could go as high as $4.63 by the end of 2030.

BUY ANT/USDT
BUYING RANGE: 8.65$ - 9.02$
TP: 9.06$ - 9.14$ - 9.23$ - 9.50$
SL: 8.76$
3x or Spot

BUY BNX/USDT
BUYING RANGE: 0.48$ - 5040$
TP: 0.5080$ - 0.51$ - 0.52$- 0.54$
SL: 0.47$
3x or Spot

What is a token burn?

Simply put, you burn a coin or token when you remove it from circulation permanently. This is done by sending coins or tokens to an address that can receive but can not send crypto. This is not to be confused with a dead wallet. Dead wallets are inactive for multiple years and do not send or receive transactions.

Instead, you would send a token to a null address if you want to burn it. A null address is made specifically to receive tokens that are being removed from circulation.

For example, a popular burn address on Ethereum and EVM-compatible chains (e.g., Arbitrum, Polygon, BSC, etc.) is 0x000000000000000000000000000000000000dEaD. You will notice that the last four letters of the ciphertext end with “dEaD.” This is not a coincidence. The aforementioned null address is also a vanity address, which means that the creator specifically chose those parameters. Nevertheless, it is an homage to the fact that it is a burn address.

You use multiple addresses to burn tokens. If you send cryptocurrency to incompatible addresses, you permanently remove them from circulation

#shiba-inu : How Many Years Will It Take to Remove 99% Supply If 1 Billion Tokens Are Burned Every Day? If 1 billion tokens are removed from circulation every day, 365 billion tokens would be sent to the dead wallet. SHIB has a circulating supply of 549 trillion tokens. Burning 1 billion every day won’t help it to remove 99% of its supply in our lifetime. Considering that it has 549 trillion tokens in circulation, it could take 547,500 days to burn 99% of its supply. To expand further, the 547,500 days of burning 1 billion SHIB every day takes the tally to 1,500 years.

Therefore, if Shiba Inu burns 1 billion tokens every day, it could take 1,500 years to remove 99% of its circulating supply. If 99% of its circulating supply is removed, only 5.4 trillion tokens could remain in the markets.

#shiba-inu dose #tuch 1 dollar or not.. Why Does Shiba Inu Have Token Burning?

Shiba Inu (CRYPTO: SHIB), created in August 2020 by Ryoshi (a pseudonym) and others, gained significant attention in May of the following year when its founder(s) sent half of the supply to Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin. Vitalik decided to burn 90% of his SHIB holdings, which accounted for more than 40% of the total supply (approximately 410 trillion coins).

The act of burning SHIB tokens by Vitalik caused a surge in Shiba Inu prices, nearly a 40% increase. The Shiba Inu community decided to continue burning tokens in an effort to increase the value of the remaining tokens and reward loyal holders. However, the sheer size of the total supply posed a challenge, as too many tokens were chasing too few dollars.

Reasons For Token Burning

There are several reasons why cryptocurrency projects engage in token burning despite the seemingly counterintuitive act of destroying their own tokens. These reasons include:

Scarcity: Burning tokens increases the rarity of the remaining tokens, creating a sense of scarcity that can potentially drive up their value.

Inflation Control: Token burns help maintain a stable and predictable inflation rate by reducing the overall supply of tokens in circulation.

Demand and Value: Burning tokens can drive up demand for the remaining tokens, potentially increasing their value and attracting more investors and speculators.

✅✅✅💲💲💲The right time has arrived TO BE A MILLIONAIRE 🚮🚮🏧🏧🏧
$SHIB is now in bearish📉
shib inu coin price is in fall 0.00002667
this is thr right time to buy a huge amount of SHIB INU.
TODAYS 1$ WORTH OF SHIB INU CAN MAKE YOU MILLIONER IN A YEAR 💹💵💵💰
DON'T AVOID THIS LIKE THOSE PEOPLE WHO DID AVOID $BTC IN 2010-2013.
THIS IS THE RIGHT TIME TO BE A Millionaire 💰💰$SHIB

$Will Shiba Inu go to $1?
Let’s first look at its fundamental aspects.
- Date: 03/05/2024
- Rank: No. 10
- Market capitalization: $25.34 billion
- Fully diluted market capitalization: $25.35 billion
- Market dominance: 1.01%
- Circulation offer: 589.29 T
- Total supply: 589.53 T
- Maximum offer: Not mentioned
- All-time high: $0.000088450814267 (2021-10-28)
- All-time low: $0.000000000081646 (09/01/2020)
if you want to win a free FDUSD instant check quoted, attached or pinned 📌 post
Here we see that $SHIB is The max supply is not mentioned, which is a negative, but the total supply: 589.29T and the market cap: $25.34 billion.
So, price per Shiba: ($25.34B ÷ $589.29T) = $0.0000430008993873.
If Shiba were to reach $1, its market cap would have to be $589.29 trillion, which is never possible because we know that the total market cap of the crypto market is $2.52 trillion.
On the other hand, if Shiba's supply is reduced from $589.29 trillion Shiba to $25.35 billion Shiba, equivalent to Shiba's current market cap, then Shiba would reach $1, but we know this is never possible 😐
However, 70% of Shiba's supply base transaction fees paid on the Shibarium layer 2 network are used to burn Shiba.
As of January 2024, Shiba Inu has burned 9.9 billion Shib.
🫂Remember: A lot of work goes into providing you with the best investment items.
Your generous advice would strengthen our mission and help us work even harder so that you can give the best investment
advice. #HotTrends #shiba-inu #2030Target

ISLAMABAD: In their series of demands, the International Monetary Fund (IMF) has called for the regulation of crypto and other online trading, emphasizing the need to incorporate them into the tax framework of Pakistan, ARY News reported on Monday$BTC

Does Bitcoin Halving Affect Altcoins?

Bitcoin halving events draw attention to the cryptocurrency market, including Altcoins. Investors may become more optimistic about the potential price growth of other cryptocurrencies. This excitement can lead to increased investment in Altcoins, causing their prices to rise. Additionally, some miners may switch to mine Altcoins that offer better rewards as Bitcoin's mining reward decreases

#BTC

With Bitcoin (BTC-USD) set to go through its fourth halving in history, an anticipation that has sent the coin to new all-time high prices, it is likely that other cryptos. Acting as a sort of S&P 500 index for the asset class, if Bitcoin rallies, other overlooked altcoins to buy will likely show similar price action.06-Mar-2024

Bitcoin remains above $65,000 despite massive GBTC outflows.
GBTC's exodus is due to high fees and ETF competition.
Bitcoin {{BTC}} is down 4% and trading above $65,000 as Grayscale Bitcoin Trust (GBTC) shares sell off at an all-time high.
According to data compiled by BitMEX Research, $643 million was withdrawn from GBTC on March 18.
Bitcoin ETF Flow - March 18, 2024GBTC Outflow $643m
— BitMEX Research (@BitMEXResearch) March 18, 2024
Data from investment firm Foreside shows net outflows from bitcoin ETFs totaled $154 million. The iShares Bitcoin ETF (IBIT) had the highest inflows at $451.5 million, while the rest of the products saw inflows of about $36.7 million.

Since the launch of bitcoin exchange-traded funds (ETFs) earlier this year, GBTC – which recently converted to an ETF – has seen significant outflows due to its high fees. This sell-off puts pressure on the price of Bitcoin.
A recent note from CryptoQuant stated that there is also some selling pressure coming from short-term holders of Bitcoin taking profits on recent gains.
Bitcoin is down 8.5% over the past week, but is up 27% over the past 30 days, according to data from CoinDesk Indicies.

Bitcoin Layer 2 Project BVM to launch a truly open AI platform
According to CoinDesk, Bitcoin Virtual Machine (BVM), a Bitcoin Layer 2 project, is set to release a platform called Truly Open AI, which will allow users to build artificial intelligence on the blockchain for use in crypto applications. AI) will enable models to be deployed. The AI ​​storage model was developed in collaboration with Filecoin, Near, Avail, Polygon and Syscoin. Lead developer punk3700 said they've found a way to put AI on-chain, allowing users to create their own AI models, earn money when others use their models, or sell entire models. can.
Filecoin, Near, Avail, Polygon, and Syscoin will provide storage layers for AI models. AI tokens are a popular narrative for crypto traders, as the technology is expected to revolutionize the global economy in the coming years. However, the relationship between AI and crypto remains unclear, with some market experts saying that artificial intelligence cannot run on blockchain, despite several projects claiming otherwise. At the time of writing, BVM's token was trading at $2, down 20% in the last 24 hours, in line with the market's decline.