LIVEstarshanto
@starshanto
Following
Followers
Liked
Shared
Investing in #BitTorrent ($BTTC ) or any cryptocurrency requires thorough research and a solid understanding of market volatility. Ensure your investment plan aligns with your risk tolerance, financial goals, and time horizon.
Patience and confidence in your strategy are crucial for long-term satisfaction and peace of mind. Remember to diversify your investments and stay informed about market trends and technological developments related to #BitTorrent (#BTTC ) and the broader crypto space.
Patience and confidence in your strategy are crucial for long-term satisfaction and peace of mind. Remember to diversify your investments and stay informed about market trends and technological developments related to #BitTorrent (#BTTC ) and the broader crypto space.
#Bitcoin recent price move is the ‘real deal market pump’ to $90K
Bitcoin got the correction “we needed,” and now it “can continue the macro uptrend higher,” says one crypto trader.
Bitcoin’s 14% surge over the past week has convinced traders that it could be the “real deal market pump” — with another correction not expected until it reaches $90,000.
“I believe this is the “real deal market pump” as fundamentals and technicals are providing confluence,” pseudonymous crypto trader “Roman” told Cointelegraph.
They explained Bitcoin’s price decline from its all-time high of around $73,738 to a 21% drop to $58,000 on May 2, was a “much-needed correction for higher prices in the future.”
Roman pointed to the “bullish reversal pattern” seen on the Bitcoin
$BTC tickers down $70,229
price chart this week as a strong indicator that it won’t drop into another consolidation period until it surpasses its March 12 all-time high of $73,679 by at least 20%.
“I think we will move to at least $90,000 to $100,000 before we see another consolidation period or correction,” they declared.
The bullish reversal pattern was signaled by a spinning top candlestick near the downtrend’s bottom on May 20, closing at $66,278, according to CoinMarketCap data.
Bitcoin was trading at $70,140 at the time of writing.
Bitcoin got the correction “we needed,” and now it “can continue the macro uptrend higher,” says one crypto trader.
Bitcoin’s 14% surge over the past week has convinced traders that it could be the “real deal market pump” — with another correction not expected until it reaches $90,000.
“I believe this is the “real deal market pump” as fundamentals and technicals are providing confluence,” pseudonymous crypto trader “Roman” told Cointelegraph.
They explained Bitcoin’s price decline from its all-time high of around $73,738 to a 21% drop to $58,000 on May 2, was a “much-needed correction for higher prices in the future.”
Roman pointed to the “bullish reversal pattern” seen on the Bitcoin
$BTC tickers down $70,229
price chart this week as a strong indicator that it won’t drop into another consolidation period until it surpasses its March 12 all-time high of $73,679 by at least 20%.
“I think we will move to at least $90,000 to $100,000 before we see another consolidation period or correction,” they declared.
The bullish reversal pattern was signaled by a spinning top candlestick near the downtrend’s bottom on May 20, closing at $66,278, according to CoinMarketCap data.
Bitcoin was trading at $70,140 at the time of writing.
$BTC Bitcoin’s surge above $70k sparked exchange inflows
Bitcoin's price surge drove both high spot buying and selling volumes on exchanges, reflecting a market split between profit-taking and bullish accumulation.
Bitcoin's price dipped below $60,000 in early May, triggering market-wide volatility. Yet, by mid-May, BTC had rebounded to around $66,000, fueled chiefly by spot market activity. On May 20, a dramatic price spike pushed Bitcoin past $70,000, stirring optimism and causing a notable uptick in exchange inflows. Transfer volumes fluctuated wildly, reflecting the community's trading frenzy. But what actions did the biggest Bitcoin holders take during this turbulent period? As large investors moved strategically, they...
Glover anticipated there might be some volatility before reaching new record highs.
“I would guess we see some profit taking in the market, which will push BTC prices down from the $71,000 level in the coming days as well,” Glover said.
Despite the positive shift in market sentiment, crypto traders are bracing for a slight dip in Bitcoin’s price before it continues its upward trend, according to CoinGlass liquidation data.
Even a slight 1% spike to approximately $71,000 would wipe around $766.73 million in short position liquidations. On the flip side, a 1% drop to about $69,400 would clear $101.54 million in long positions.
Bitcoin's price surge drove both high spot buying and selling volumes on exchanges, reflecting a market split between profit-taking and bullish accumulation.
Bitcoin's price dipped below $60,000 in early May, triggering market-wide volatility. Yet, by mid-May, BTC had rebounded to around $66,000, fueled chiefly by spot market activity. On May 20, a dramatic price spike pushed Bitcoin past $70,000, stirring optimism and causing a notable uptick in exchange inflows. Transfer volumes fluctuated wildly, reflecting the community's trading frenzy. But what actions did the biggest Bitcoin holders take during this turbulent period? As large investors moved strategically, they...
Glover anticipated there might be some volatility before reaching new record highs.
“I would guess we see some profit taking in the market, which will push BTC prices down from the $71,000 level in the coming days as well,” Glover said.
Despite the positive shift in market sentiment, crypto traders are bracing for a slight dip in Bitcoin’s price before it continues its upward trend, according to CoinGlass liquidation data.
Even a slight 1% spike to approximately $71,000 would wipe around $766.73 million in short position liquidations. On the flip side, a 1% drop to about $69,400 would clear $101.54 million in long positions.
Nimble Network and Surf Protocol Team Up to Turbocharge Bitcoin Trading with AI
Nimble Network, an innovative platform known for its decentralized AI OrderBook, has recently entered into a strategic partnership with Surf Protocol, a leader in permissionless derivative trading on Bitcoin L2.
This collaboration is set to transform Bitcoin’s native on-chain leverage trading by introducing advanced AI solutions that enhance liquidity efficiency and yield strategies in decentralized finance (DeFi).
Revolutionizing DeFi Trading with AI-Enhanced Solutions
Nimble Network‘s groundbreaking AI OrderBook facilitates the connection of decentralized GPUs and data resources, enabling AI builders to efficiently develop and manage verifiable AI models on-chain.
This technology is particularly significant in the realm of DeFi, where it promises to optimize trading strategies and liquidity provision, thereby benefiting traders by reducing impermanent losses and improving overall market efficiency.
Surf Protocol stands at the forefront of this initiative, aiming to revolutionize the way leverage trading is conducted on Bitcoin’s L2 framework. By integrating Nimble’s AI solutions, Surf Protocol seeks to offer single-currency liquidity provision that mitigates risks and maximizes returns for traders.
Through this partnership, Nimble Network will assist Surf Protocol in developing state-of-the-art AI solutions aimed at bolstering the liquidity efficiency of DeFi trading platforms. This collaboration is expected to unlock new possibilities for traders, enhancing their ability to engage in more effective and profitable trading strategies within a secure and decentralized environment.$BTC
Nimble Network, an innovative platform known for its decentralized AI OrderBook, has recently entered into a strategic partnership with Surf Protocol, a leader in permissionless derivative trading on Bitcoin L2.
This collaboration is set to transform Bitcoin’s native on-chain leverage trading by introducing advanced AI solutions that enhance liquidity efficiency and yield strategies in decentralized finance (DeFi).
Revolutionizing DeFi Trading with AI-Enhanced Solutions
Nimble Network‘s groundbreaking AI OrderBook facilitates the connection of decentralized GPUs and data resources, enabling AI builders to efficiently develop and manage verifiable AI models on-chain.
This technology is particularly significant in the realm of DeFi, where it promises to optimize trading strategies and liquidity provision, thereby benefiting traders by reducing impermanent losses and improving overall market efficiency.
Surf Protocol stands at the forefront of this initiative, aiming to revolutionize the way leverage trading is conducted on Bitcoin’s L2 framework. By integrating Nimble’s AI solutions, Surf Protocol seeks to offer single-currency liquidity provision that mitigates risks and maximizes returns for traders.
Through this partnership, Nimble Network will assist Surf Protocol in developing state-of-the-art AI solutions aimed at bolstering the liquidity efficiency of DeFi trading platforms. This collaboration is expected to unlock new possibilities for traders, enhancing their ability to engage in more effective and profitable trading strategies within a secure and decentralized environment.$BTC
First UK crypto ETPs to launch on May 28
Regulator’s ruling means WisdomTree and 21Shares bitcoin and ether products will be off limits to retail investors
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
The UK’s first cryptocurrency exchange traded products are finally set to begin trading next week, almost a decade after the first such vehicles appeared in Sweden. WisdomTree and 21Shares have been given the green light by the Financial Conduct Authority, the City regulator, to list ETPs investing in “physical” spot bitcoin and ether, the two most popular digital tokens, on the London Stock Exchange on May 28
However, the ETPs — which form part of a barrage of similar vehicles expected to list on the LSE — will only be available to professional investors because the FCA has ruled that “crypto derivatives are ill-suited for retail consumers due to the harm they pose”.
The stance is in sharp contrast to stock exchanges across much of continental Europe, as well as Australia, Brazil, Canada, Hong Kong and the US, which offer crypto ETPs to both retail and institutional investors.$BTC
Regulator’s ruling means WisdomTree and 21Shares bitcoin and ether products will be off limits to retail investors
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
The UK’s first cryptocurrency exchange traded products are finally set to begin trading next week, almost a decade after the first such vehicles appeared in Sweden. WisdomTree and 21Shares have been given the green light by the Financial Conduct Authority, the City regulator, to list ETPs investing in “physical” spot bitcoin and ether, the two most popular digital tokens, on the London Stock Exchange on May 28
However, the ETPs — which form part of a barrage of similar vehicles expected to list on the LSE — will only be available to professional investors because the FCA has ruled that “crypto derivatives are ill-suited for retail consumers due to the harm they pose”.
The stance is in sharp contrast to stock exchanges across much of continental Europe, as well as Australia, Brazil, Canada, Hong Kong and the US, which offer crypto ETPs to both retail and institutional investors.$BTC
Bitcoin and Ethereum ETPs debut on London Stock Exchange after FCA nod
The ETPs will only be available to professional and institutional investors due to the ban on retail customers trading crypto derivatives.
Bitcoin and Ethereum-based exchange-traded products (ETPs) are set to debut on the London Stock Exchange (LSE) following approval by the United Kingdom’s Financial Conduct Authority (FCA) on May 22.
The WisdomTree Physical Bitcoin ETP and the WisdomTree Physical Ethereum ETP will be among the first crypto ETPs to be listed in the U.K. and are expected to begin trading on May 28, according to ETF Stream.
The ETPs will only be available to professional and institutional investors due to the 2021 ban on retail customers trading crypto derivatives. The listing of WisdomTree’s two ETPs comes nearly two months after the LSE’s public notice.
Alexis Marinof, head of Europe at WisdomTree, said that the FCA’s approval of their crypto ETPs’ prospectus would make it easier for U.K.-based professional investors to invest in crypto-backed products that currently access crypto ETPs via overseas exchanges.
In a public announcement on March 25, the LSE announced that applications for cryptocurrency ETPs are open until April 8, with accepted funds listed in May, subject to clearance by the nation’s financial regulator, thFCA.
To gain FCA approval, the crypto ETPs should only be denominated in Bitcoin $BTC or Ether $ETH
be physically backed and be non-leveraged. The issuers must also partner with an Anti-Money Laundering licensed custodian in the United States, the U.K., or the European Union and hold the underlying assets in cold storage.
The approval of spot Bitcoin ETFs by the U.S. Securities and Exchange Commission and their subsequent market success, which has seen billions flow into the ETFs, have prompted several other governments around the globe to offer crypto accessibility to investors.
Hong Kong also approved the listing of spot Bitcoin and Ether ETFs. Unlike U.S.-based spot BTC ETFs, the Hong Kong ETFs have features such.
The ETPs will only be available to professional and institutional investors due to the ban on retail customers trading crypto derivatives.
Bitcoin and Ethereum-based exchange-traded products (ETPs) are set to debut on the London Stock Exchange (LSE) following approval by the United Kingdom’s Financial Conduct Authority (FCA) on May 22.
The WisdomTree Physical Bitcoin ETP and the WisdomTree Physical Ethereum ETP will be among the first crypto ETPs to be listed in the U.K. and are expected to begin trading on May 28, according to ETF Stream.
The ETPs will only be available to professional and institutional investors due to the 2021 ban on retail customers trading crypto derivatives. The listing of WisdomTree’s two ETPs comes nearly two months after the LSE’s public notice.
Alexis Marinof, head of Europe at WisdomTree, said that the FCA’s approval of their crypto ETPs’ prospectus would make it easier for U.K.-based professional investors to invest in crypto-backed products that currently access crypto ETPs via overseas exchanges.
In a public announcement on March 25, the LSE announced that applications for cryptocurrency ETPs are open until April 8, with accepted funds listed in May, subject to clearance by the nation’s financial regulator, thFCA.
To gain FCA approval, the crypto ETPs should only be denominated in Bitcoin $BTC or Ether $ETH
be physically backed and be non-leveraged. The issuers must also partner with an Anti-Money Laundering licensed custodian in the United States, the U.K., or the European Union and hold the underlying assets in cold storage.
The approval of spot Bitcoin ETFs by the U.S. Securities and Exchange Commission and their subsequent market success, which has seen billions flow into the ETFs, have prompted several other governments around the globe to offer crypto accessibility to investors.
Hong Kong also approved the listing of spot Bitcoin and Ether ETFs. Unlike U.S.-based spot BTC ETFs, the Hong Kong ETFs have features such.
New Trx Mining Website✅
Daily Earn 100+ $TRX
Video: https://youtu.be/hT8Z8u6fLtg
Instantly Payout 🚀🚀
invitation Code: 170143
Website : https://tronegacy.com
Daily earn tron 💰
Daily Earn 100+ $TRX
Video: https://youtu.be/hT8Z8u6fLtg
Instantly Payout 🚀🚀
invitation Code: 170143
Website : https://tronegacy.com
Daily earn tron 💰
See original
Earn Free $TRX $BTC $USDT
Website Lin'k: https://youtu.be/fzYegBasG_k
👆👆👆👆👆👆👆👆 Link copy to paste youtube or Google.
Website Lin'k: https://youtu.be/fzYegBasG_k
👆👆👆👆👆👆👆👆 Link copy to paste youtube or Google.
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
US_Inflation_Easing_Alert
242,821 views
206 Posts
U.S. PCE Inflation Hits 2.6% in May, Signaling Easing Inflationary Pressure
Binance News
5 Likes
1.8k views
VanEck_SOL_ETFS
1M views
719 Posts
IntroToCopytrading
529,507 views
392 Posts
