✨️Net flows into spot Bitcoin ETFs have been increasingly negative, recording $158 million in outflows on Wednesday.✨️Grayscale’s outflows, on the other hand, do not seem to be slowing down as the fund has lost over 106,091 BTC.✨️Bitcoin price is still stuck hovering around $40,000, testing the 100-day EMA on the daily chart.✨️Spot Bitcoin ETFs were expected to have an explosive start following their approval, which they did, but even though it has just been two weeks, the interest of the investors seems to be waning. Grayscale, which began bleeding right from the first day of trade, has seen some of the highest outflows.✨️The New Bitcoin ETFs Are a No-Brainer Way to Build Wealth, but Only If You Plan to Buy and Hold for the Long TermThus, in less than ten days, over half a billion worth of BTC has already drained out of the spot ETF market. During the same period the market has noted inflows worth $1.2 billion in the same duration. This gives an overall balance of $824 million in net inflowsThe biggest loser, Grayscale, has been bleeding since the first day of trading, collectively noting 106,091 Bitcoin being sold in the same nine days. Apart from this $4.2 billion worth of outflow, the inflows of other digital assets have also begun declining. Wisdomtree spot BTC ETF noted the lowest inflow of just $10.6 million on WednesdayShow navigationFXStreetBitcoin price at riskThe cryptocurrency is observing support at $39,353, coinciding with the 100-day Exponential Moving Average (EMA). Some recovery on the daily chart has been observed in the last 24 hours. If this continues and the $41,814 resistance is breached, BTC will be able to flip the 50-day EMA into support#TradeNTell #Bitcoin #binanace #binancecreator Don't forget to follow for more😊

Investors in the cryptocurrency market are constantly on the lookout for opportunities that promise significant returns on their investments. While high-priced tokens like Bitcoin and Ethereum tend to dominate the headlines, there are hidden gems among coins trading below $1 that offer substantial potential for growth. In this article, we will explore three such coins with the potential for a 1000% ROI in Q1 2024, and Retik Finance (RETIK) stands out as the top pick among them. 1:Retik Finance (RETIK): The DeFi RevolutionRetik Finance has taken the crypto world by storm with its innovative approach to decentralized finance (DeFi). Launched in December 2023, Retik Finance has quickly gained traction in the crypto community and is currently in its presale stage, making it a prime candidate for significant ROI in Q1 2024.DeFi Debit Cards: Retik Finance's standout feature is its DeFi debit cards, designed to bring cryptocurrencies into everyday life. These cards allow users to spend their digital assets just like traditional fiat currencies. With tiered cashback benefits, they incentivize users to embrace cryptocurrencies for daily transactions.Next-Gen Payment Gateway: Retik Finance offers a next-generation payment gateway that facilitates crypto payments for both merchants and consumers. This gateway aims to bridge the gap between the crypto world and mainstream adoption by making crypto payments seamless and accessible.AI-Powered P2P Lending: The platform introduces AI-powered peer-to-peer lending, providing users with efficient and secure lending and borrowing options. This innovative feature enhances the DeFi experience and offers an alternative to traditional financial services.Secure DeFi Wallet: Security is paramount in the crypto space, and Retik Finance addresses this concern by providing users with one of the world's most secure DeFi wallets. This non-custodial wallet prioritises privacy and offers a safe haven for users to store and manage their digital assets.Real-Life Integration: Retik Finance is committed to bringing cryptocurrencies into real-life scenarios. This approach positions cryptocurrencies as practical and valuable assets beyond the digital realm, fostering mass adoption.Presale Stage Potential: Retik Finance's current presale stage offers investors a unique opportunity to get in early. The project has already raised over $7 million in less than a month, indicating strong investor interest. With experts predicting up to a 20,000% surge once the token is listed on major exchanges, Retik Finance is poised for substantial growth in Q1 2024.2:Shiba Inu (SHIB): The Meme Coin PhenomenonShiba Inu (SHIB) is a cryptocurrency that started as a meme coin but has since evolved into a more comprehensive ecosystem. While its roots may be in meme culture, SHIB's ambitions extend beyond just being a "Dogecoin killer."Ecosystem Development: SHIB now backs an entire ecosystem that includes games, a crypto exchange, a metaverse, and more. This diversification provides a solid foundation for growth and adoption.Loyal Community: SHIB boasts a loyal and active community that actively supports and promotes the project. This community-driven approach has been instrumental in SHIB's remarkable growth.Layer-2 Solution: SHIB is working on a layer-2 solution for its blockchain, which is expected to reduce costs, speed up transactions, and enhance the overall ecosystem. This development is anticipated to further boost SHIB's value.Market Cap: With a market cap of nearly $5.7 billion, SHIB has proven itself as more than just a meme coin and continues to attract investors looking for affordable opportunities with high potential3:Cardano (ADA): The Scalable Smart Contract PlatformCardano (ADA) has long been known for its scalability, quick transactions, and environmentally friendly approach. The upcoming Cardano update, SECP, is set to enhance its capabilities and potentially drive significant ROI for investors.Scalability: Cardano's scalability makes it suitable for fast and efficient transactions, positioning it as a preferred choice for decentralized applications (dApps) and DeFi protocols.SECP Update: The SECP update aims to improve cross-chain dApp development on the Plutus smart contract platform. This will enable developers to create apps that connect Cardano with other blockchains, expanding its reach and user base.Environmental Friendliness: Cardano's commitment to being environmentally friendly aligns with the growing focus on sustainability in the crypto industry, making it an attractive option for ethically conscious investors.Market Cap: ADA currently boasts a market capitalization of nearly $17.9 billion, indicating its position as a prominent player in the crypto market.ConclusionIn the world of cryptocurrencies, opportunities for substantial returns exist beyond the well-known high-priced tokens. Retik Finance (RETIK), Shiba Inu (SHIB), and Cardano (ADA) are three coins trading below $1 that hold the potential for a 1000% ROI in Q1 2024.Among these options, Retik Finance stands out as a top pick due to its innovative DeFi solutions, real-life integration, secure wallet, and the current presale stage that offers early investors the potential for significant gains. As the crypto market continues to evolve, these coins represent exciting prospects for investors seeking to capitalise on the industry's growth and innovation#btc #cryptocurrecny #binance #article #cpi

The cryptocurrency market is gearing up for a rally with the SEC on the path to approving the Spot Bitcoin ETF. Bitcoin climbed above the $45,000 mark with speculations that the SEC could approve the BTC ETF this month in January 2024. The broader cryptocurrency market is experiencing significant gains due to the development and reaching new weekly highs.Now that the cryptocurrency market is in the green, leading altcoins have better chances of gaining traction and rallying in the indices. In this article, we will highlight the top 3 cryptocurrencies under $0.1 that have top potential for strong growth.Cryptocurrency: 3 Altcoins Under $0.01 With Strong Potential For GrowthDogecoin (DOGE)Dogecoin is currently hovering around the $0.07 mark and has more chances of climbing above the $0.1 level in the next leg-up. If the SEC approves the Spot Bitcoin ETF, Dogecoin could rally and delete a zero in no time. The leading meme currency is among the top choice of investment for strong growth potential in the coming months.Shiba Inu (SHIB)Shiba Inu (SHIB) currently trading at $0.000009506 and is looking to delete its fifth zero today. SHIB moves in tandem with Bitcoin in the charts and the Spot BTC ETF could make Shiba Inu’s price soar. There is potential for SHIB currently, as it attracts bullish sentiments whenever the cryptocurrency markets perform betterBONKThe new meme currency entrant BONK is currently trading at $0.00001499 and is attracting heavy bullish sentiments in the indices. It is up double digits on Wednesday and steadily trading the green at nearly 15%. BONK is up 910% in the last 365 days and is among the most promising cryptocurrencies at the moment.In conclusion, the top 3 cryptocurrencies with top growth potential under $0.1 are Dogecoin (DOGE), Shiba Inu (SHIB), and BONK.)#BTC #Dogecoin2024 #shib #bonk #binance

What is cryptocurrency and how does it work?Cryptocurrency – meaning and definitionCryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units.What is cryptocurrency?Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is stored in digital wallets.Cryptocurrency received its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers. The aim of encryption is to provide security and safety.The first cryptocurrency was Bitcoin, which was founded in 2009 and remains the best known today. Much of the interest in cryptocurrencies is to trade for profit, with speculators at times driving price$Follow for such more article 😊 #BTC #etf #BinanceSquareCreatorAwards #binanace