NewsofCrypto
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"Bitcoin's Bright Future: Hedge Fund Manager Predicts Explosive Growth"
Renowned hedge fund manager Mark Yusko has ignited optimism in the cryptocurrency community with his bullish outlook on Bitcoin's trajectory. In an insightful interview on CNBC, Yusko, CEO of Morgan Creek Capital Management, shared his confident predictions for the digital asset, dubbing it "the dominant token" and "a better form of gold."
Yusko foresees Bitcoin's ongoing rally as just the beginning of a monumental journey. Citing historical patterns post-halving, he anticipates a surge in demand and price appreciation, projecting Bitcoin's value to potentially reach $150,000. This bullish sentiment is further fueled by the imminent halving, slated around April 20, which is expected to decrease the daily supply of new coins from 900 to 450.
Drawing from his extensive experience, Yusko elucidated that the peak in Bitcoin's price typically occurs approximately nine months post-halving, heralding a period of heightened demand and exponential growth. As investors brace for this impending boom, Yusko emphasized Bitcoin's supremacy in the crypto realm, asserting, "Bitcoin's the king."
Despite his optimism for Bitcoin, Yusko also shed light on alternative investment opportunities within the crypto space, highlighting Ethereum, Solana, and Avalanche as promising assets. However, he cautioned against investing in related stocks and companies, citing challenging valuation levels.
As Yusko's insights reverberate throughout the crypto community, investors are urged to stay informed and vigilant. By following market trends and exercising prudent decision-making, individuals can navigate the dynamic landscape of cryptocurrency with confidence.
Additionally, if you found this information valuable, consider tipping or supporting the creators and analysts who tirelessly work to provide you with accurate and impactful insights. Together, we can harness the transformative potential of cryptocurrency and shape a brighter future for all.$BTC
#NewsofCrypto
Renowned hedge fund manager Mark Yusko has ignited optimism in the cryptocurrency community with his bullish outlook on Bitcoin's trajectory. In an insightful interview on CNBC, Yusko, CEO of Morgan Creek Capital Management, shared his confident predictions for the digital asset, dubbing it "the dominant token" and "a better form of gold."
Yusko foresees Bitcoin's ongoing rally as just the beginning of a monumental journey. Citing historical patterns post-halving, he anticipates a surge in demand and price appreciation, projecting Bitcoin's value to potentially reach $150,000. This bullish sentiment is further fueled by the imminent halving, slated around April 20, which is expected to decrease the daily supply of new coins from 900 to 450.
Drawing from his extensive experience, Yusko elucidated that the peak in Bitcoin's price typically occurs approximately nine months post-halving, heralding a period of heightened demand and exponential growth. As investors brace for this impending boom, Yusko emphasized Bitcoin's supremacy in the crypto realm, asserting, "Bitcoin's the king."
Despite his optimism for Bitcoin, Yusko also shed light on alternative investment opportunities within the crypto space, highlighting Ethereum, Solana, and Avalanche as promising assets. However, he cautioned against investing in related stocks and companies, citing challenging valuation levels.
As Yusko's insights reverberate throughout the crypto community, investors are urged to stay informed and vigilant. By following market trends and exercising prudent decision-making, individuals can navigate the dynamic landscape of cryptocurrency with confidence.
Additionally, if you found this information valuable, consider tipping or supporting the creators and analysts who tirelessly work to provide you with accurate and impactful insights. Together, we can harness the transformative potential of cryptocurrency and shape a brighter future for all.$BTC
#NewsofCrypto
January 7
Here's what's happening in the crypto and finance world today:
#NewsofCrypto
- Ethereum validator exit procession spikes.
- Nigeria’s central bank greenlights cNGN stablecoin to launch in February.
- @Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU.
- VanEck pledges 5% of potential spot BTC ETF profits to Bitcoin core developers.
- BlackRock expect a positive nod from SEC for ETF by Wednesday.
- Solana degenerates trading bot "bonkbot" crashes.
- Visa pilots Web3 customer loyalty platform.
- Berkshire Hathaway Specialty Insurance adopts blockchain for multinational business.
- CelsiusNetwork started unstaking and rebalancing assets.
- Vechainofficial partners with BCG.
- @Bitmex sending physical Bitcoin to the moon
#Projects
- Getgrass_io made some changes to their points program
- Starknet voting on launching their mainnet
- Whalesmarket introduces Point Marketplace
- Thorchain releases 2024 Q1 roadmap
- MantaNetwork announces airdrop for testnet participants
- Zilbridge paused due to some issues
- Update on @layer3xyz on their v2
- Aevoxyz adds $DYM prelaunch perps
- GammaStrategies port-mortem & remediation plan
- Synthetix_Io Andromeda Release details about buyback-and-burn
- FantomFDN reduces validator self-stake requirement
- LyraFinance upgrading Lyra Chain
- Uniswap introduces EIP-6963 support
- RepublicNote announces that they will launch on Avax
- Azuki hints about potential $ANIME token for NFT holders
- Arpaofficial introduces Randcast
- Bakery_swap launching on MantaNetwork
- Proposal for Injective_ Volan Mainnet live.
#launches
AI Bitcoin Auction | [Live, Eth]
Website
Florence Finance TGE | [Live, Arbitrum]
Website
CakePie IDO | [Live, BSC]
Website
#projectreview
IERC-20 | Ethereum | Inscriptions
Ridotto | Casino
Phyken Network | Polkadot | L1,RWA
Tornado Blast | Blast | Trading Bots
zkZorro | zkSync | Memecoin
Agnus Chain | AI,L1
Weeb3 Foundation
Met Lab | Metis | Money Market
Sunodo | Rollup,Service
@Binance News
Here's what's happening in the crypto and finance world today:
#NewsofCrypto
- Ethereum validator exit procession spikes.
- Nigeria’s central bank greenlights cNGN stablecoin to launch in February.
- @Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU.
- VanEck pledges 5% of potential spot BTC ETF profits to Bitcoin core developers.
- BlackRock expect a positive nod from SEC for ETF by Wednesday.
- Solana degenerates trading bot "bonkbot" crashes.
- Visa pilots Web3 customer loyalty platform.
- Berkshire Hathaway Specialty Insurance adopts blockchain for multinational business.
- CelsiusNetwork started unstaking and rebalancing assets.
- Vechainofficial partners with BCG.
- @Bitmex sending physical Bitcoin to the moon
#Projects
- Getgrass_io made some changes to their points program
- Starknet voting on launching their mainnet
- Whalesmarket introduces Point Marketplace
- Thorchain releases 2024 Q1 roadmap
- MantaNetwork announces airdrop for testnet participants
- Zilbridge paused due to some issues
- Update on @layer3xyz on their v2
- Aevoxyz adds $DYM prelaunch perps
- GammaStrategies port-mortem & remediation plan
- Synthetix_Io Andromeda Release details about buyback-and-burn
- FantomFDN reduces validator self-stake requirement
- LyraFinance upgrading Lyra Chain
- Uniswap introduces EIP-6963 support
- RepublicNote announces that they will launch on Avax
- Azuki hints about potential $ANIME token for NFT holders
- Arpaofficial introduces Randcast
- Bakery_swap launching on MantaNetwork
- Proposal for Injective_ Volan Mainnet live.
#launches
AI Bitcoin Auction | [Live, Eth]
Website
Florence Finance TGE | [Live, Arbitrum]
Website
CakePie IDO | [Live, BSC]
Website
#projectreview
IERC-20 | Ethereum | Inscriptions
Ridotto | Casino
Phyken Network | Polkadot | L1,RWA
Tornado Blast | Blast | Trading Bots
zkZorro | zkSync | Memecoin
Agnus Chain | AI,L1
Weeb3 Foundation
Met Lab | Metis | Money Market
Sunodo | Rollup,Service
@Binance News
What are the latest news of cryptos this week?
The crypto world is abuzz with excitement and anticipation this week, as the potential approval of a spot Bitcoin ETF looms large.
Bitcoin ETF:
All eyes on the SEC:
The US Securities and Exchange Commission (SEC) is expected to make a decision on the first-ever spot Bitcoin ETF as early as this week. This could be a major milestone for the industry, potentially leading to increased institutional investment and driving up Bitcoin prices.
Grayscale files amended application: Grayscale Investments, the world's largest digital asset manager, has filed an amended S-1 registration statement for its proposed Bitcoin ETF. The new filing includes a 1.5% expense ratio, which is lower than the initial 2.5% proposal.
Gensler issues warning:
Despite the ETF buzz, SEC Chair Gary Gensler has reiterated his concerns about the crypto market's potential for fraud and manipulation. He urges investors to be cautious and do their research before investing.
Other news:
Bitcoin price fluctuates:
Bitcoin's price has been volatile this week, reaching a high of nearly $47,000 before dipping back down. Experts are divided on whether the ETF approval will trigger a significant rally or a sell-off.
Solana rebound:
Solana, the smart contract platform, has seen a recent price surge, possibly fueled by speculation about its potential for growth in the NFT and DeFi sectors.
Mysterious Bitcoin transaction:
A mysterious $1.2 million Bitcoin transaction to Satoshi Nakamoto's original wallet has sparked speculation about the identity of the creator of Bitcoin.
Resources:
* CoinDesk: [https://www.coindesk.com/](https://www.coindesk.com/)
* Cointelegraph: [https://cointelegraph.com/](https://cointelegraph.com/)
* FXStreet: [https://www.fxstreet.com/cryptocurrencies](https://www.fxstreet.com/cryptocurrencies)
* CNBC Crypto World: [https://www.cnbc.com/cryptoworld/](https://www.cnbc.com/cryptoworld/)
Thank you for passing by and reading.
Have a great day.
#BTC #sol #NewsofCrypto #CryptoNewsLand
The crypto world is abuzz with excitement and anticipation this week, as the potential approval of a spot Bitcoin ETF looms large.
Bitcoin ETF:
All eyes on the SEC:
The US Securities and Exchange Commission (SEC) is expected to make a decision on the first-ever spot Bitcoin ETF as early as this week. This could be a major milestone for the industry, potentially leading to increased institutional investment and driving up Bitcoin prices.
Grayscale files amended application: Grayscale Investments, the world's largest digital asset manager, has filed an amended S-1 registration statement for its proposed Bitcoin ETF. The new filing includes a 1.5% expense ratio, which is lower than the initial 2.5% proposal.
Gensler issues warning:
Despite the ETF buzz, SEC Chair Gary Gensler has reiterated his concerns about the crypto market's potential for fraud and manipulation. He urges investors to be cautious and do their research before investing.
Other news:
Bitcoin price fluctuates:
Bitcoin's price has been volatile this week, reaching a high of nearly $47,000 before dipping back down. Experts are divided on whether the ETF approval will trigger a significant rally or a sell-off.
Solana rebound:
Solana, the smart contract platform, has seen a recent price surge, possibly fueled by speculation about its potential for growth in the NFT and DeFi sectors.
Mysterious Bitcoin transaction:
A mysterious $1.2 million Bitcoin transaction to Satoshi Nakamoto's original wallet has sparked speculation about the identity of the creator of Bitcoin.
Resources:
* CoinDesk: [https://www.coindesk.com/](https://www.coindesk.com/)
* Cointelegraph: [https://cointelegraph.com/](https://cointelegraph.com/)
* FXStreet: [https://www.fxstreet.com/cryptocurrencies](https://www.fxstreet.com/cryptocurrencies)
* CNBC Crypto World: [https://www.cnbc.com/cryptoworld/](https://www.cnbc.com/cryptoworld/)
Thank you for passing by and reading.
Have a great day.
#BTC #sol #NewsofCrypto #CryptoNewsLand
#Write2Earn #NewsofCrypto
I have seen many crypto prophets lately who claim to know the direction of the market. They have copied news, stories and insights. You may follow them but don't do directly what they say. #Doyourownresearch
I think most of them if not all, are paid to spread the stories. These stories create false hope or panic causing the mass to trade in their favour or to those who sponsor them.
Before you trade any news, remember that it is past information. Some people got hold of it days or hours before you do. The people who get such insights have big pockets. They will pay top notch influencers to misinform you and me. Just Do Your Own Research.
If the real information would result to bullish, they will spread negative news of the market collapsing so that those holding can sell. Remember there are no bulls without the bears. For the market to rise there must exist both buyers and a sellers (Liquidity)
Think about that.
Happy Crypto Trading.
I have seen many crypto prophets lately who claim to know the direction of the market. They have copied news, stories and insights. You may follow them but don't do directly what they say. #Doyourownresearch
I think most of them if not all, are paid to spread the stories. These stories create false hope or panic causing the mass to trade in their favour or to those who sponsor them.
Before you trade any news, remember that it is past information. Some people got hold of it days or hours before you do. The people who get such insights have big pockets. They will pay top notch influencers to misinform you and me. Just Do Your Own Research.
If the real information would result to bullish, they will spread negative news of the market collapsing so that those holding can sell. Remember there are no bulls without the bears. For the market to rise there must exist both buyers and a sellers (Liquidity)
Think about that.
Happy Crypto Trading.
🚨 BREAKING 🚨
GRAYSCALE HAS TRANSFERRED
9000 BTC TO COINBASE.$BTC #TrendingTopic #BitcoinMoves #NewsofCrypto #GrayscaleETF #GRAYSCALE
Like, follow and share!
GRAYSCALE HAS TRANSFERRED
9000 BTC TO COINBASE.$BTC #TrendingTopic #BitcoinMoves #NewsofCrypto #GrayscaleETF #GRAYSCALE
Like, follow and share!
#MANTA PRICE HAS TOO MUCH VOLATILITY Trade with caution ⚠️
- We have scalp opportunity
- Wait for buying entry
- Follow Entry,Target and SL
$MANTA #MantaToken #MantaNetwork #NewsofCrypto
- We have scalp opportunity
- Wait for buying entry
- Follow Entry,Target and SL
$MANTA #MantaToken #MantaNetwork #NewsofCrypto
ARB and TIA are working together the Cosmos chain has many benefits. Tokens like ATOM, INJ, LUNA are very popular and have high staking rewards. Which tokens do you stake and do you feel hyped about ARB and TIA? #write2earn🌐💹 #NewsofCrypto #Cosmos🥷 #hype
Trader Earns $7 Million in Three Hours on SAVM Token
An unidentified trader quickly seized an opportunity with the #SatoshiVM (SAVM) token, earning a profit of $6.77 million within three hours of its launch, as highlighted by Lookonchain analysts. Using the Banana Gun Telegram bot, the trader automated the purchase at the token's inception and later sold it at the maximum price.
Initially, the investor deposited 277.66 ETH (approximately $681,000) to acquire 2.61 million SAVM. The commission to secure a priority position for purchasing the token amounted to 141.66 ETH (around $347,000).
Subsequently, the trader sold 2.16 million tokens for $4.38 million and currently holds 450,000 SAVM valued at slightly over $3 million.
Some users speculated that the trader might have been an insider or a project developer. Others hailed the trader as a "legend" for the bold move of depositing a substantial sum into a trading bot.
#BananaGun continues to stir controversy within the community. Several Redditors reported fund disappearances after entrusting them to the "sniper" bot, similar to the one used by the fortunate SAVM trader.
In September 2023, the launch of the native Banana Gun token failed due to a smart contract bug, causing a nearly 100% collapse in the coin's value.
Recall, in January, an unknown user managed to earn $1 million on the meme token TROLL. The trader purchased the cryptocurrency after billionaire Elon Musk changed his X-account signature to "(CTO) Chief Troll Officer.
How do you like this commission?🙄🦄🐳
Great successes require great investments.
Isn't that right? What do you think about this?👇
#NewsofCrypto #TradeToWin #crypto2024
$ETH $SOL $XRP
An unidentified trader quickly seized an opportunity with the #SatoshiVM (SAVM) token, earning a profit of $6.77 million within three hours of its launch, as highlighted by Lookonchain analysts. Using the Banana Gun Telegram bot, the trader automated the purchase at the token's inception and later sold it at the maximum price.
Initially, the investor deposited 277.66 ETH (approximately $681,000) to acquire 2.61 million SAVM. The commission to secure a priority position for purchasing the token amounted to 141.66 ETH (around $347,000).
Subsequently, the trader sold 2.16 million tokens for $4.38 million and currently holds 450,000 SAVM valued at slightly over $3 million.
Some users speculated that the trader might have been an insider or a project developer. Others hailed the trader as a "legend" for the bold move of depositing a substantial sum into a trading bot.
#BananaGun continues to stir controversy within the community. Several Redditors reported fund disappearances after entrusting them to the "sniper" bot, similar to the one used by the fortunate SAVM trader.
In September 2023, the launch of the native Banana Gun token failed due to a smart contract bug, causing a nearly 100% collapse in the coin's value.
Recall, in January, an unknown user managed to earn $1 million on the meme token TROLL. The trader purchased the cryptocurrency after billionaire Elon Musk changed his X-account signature to "(CTO) Chief Troll Officer.
How do you like this commission?🙄🦄🐳
Great successes require great investments.
Isn't that right? What do you think about this?👇
#NewsofCrypto #TradeToWin #crypto2024
$ETH $SOL $XRP
#NewsUpdated
The US Bitcoin Spot ETF has seen a sharp increase in weekly inflows, with a significant $2.5 billion on March 15. This growth shows a revival of confidence from Wall Street investors towards the cryptocurrency market.
However, amid preparations for the Federal Open Market Committee (FOMC) meeting, concerns about a possible Bitcoin price correction have emerged due to recent market volatility. Bitcoin ETF inflows increased sharply, indicating interest from Wall Street.
#NewsofCrypto
#CFX
#SHIB
#ETH
$BTC
The US Bitcoin Spot ETF has seen a sharp increase in weekly inflows, with a significant $2.5 billion on March 15. This growth shows a revival of confidence from Wall Street investors towards the cryptocurrency market.
However, amid preparations for the Federal Open Market Committee (FOMC) meeting, concerns about a possible Bitcoin price correction have emerged due to recent market volatility. Bitcoin ETF inflows increased sharply, indicating interest from Wall Street.
#NewsofCrypto
#CFX
#SHIB
#ETH
$BTC
BTC 1D Candle Closing Is Important, If It Closes Below Triangle, Then We Will See More Dump In Upcoming Days.
So Hope It Closes Inside The Triangle So That We Can See Pump In Upcoming Days.
Keep An Eye On 1D Candle Close👀
$BTC #BTC #etf #NewsofCrypto #NewsBTC #AnalyseBTC
So Hope It Closes Inside The Triangle So That We Can See Pump In Upcoming Days.
Keep An Eye On 1D Candle Close👀
$BTC #BTC #etf #NewsofCrypto #NewsBTC #AnalyseBTC
!! URGENT !!
But let me Make it clear.
Bitcoin is trading at major resistance level of 46k to 47k.
The market can see a correction at any time.
Don't expect the market to pump suddenly after this news.
Market will pump but slowly slowly.
#Update #UpdateAlert #btc #BTC #NewsofCrypto
But let me Make it clear.
Bitcoin is trading at major resistance level of 46k to 47k.
The market can see a correction at any time.
Don't expect the market to pump suddenly after this news.
Market will pump but slowly slowly.
#Update #UpdateAlert #btc #BTC #NewsofCrypto
Could Cryptos survive challenges in the coming years?
Predicting the future of anything, especially with the volatility of the crypto market, is challenging. So there are factors that could influence the survival of cryptos in the coming years:
Challenges:
- Regulation:
Increased government scrutiny and regulations may impact adoption and hinder innovation within the space.
- Sustainability:
The high energy consumption of some blockchain technologies raises environmental concerns, potentially leading to negative public perception and regulatory restrictions.
- Economic Downturns:
If global economic conditions worsen, investors may become more risk-averse, affecting the crypto market, particularly speculative tokens.
- Fraud and Scams:
Continued scams and hacks within the crypto industry can erode trust and hinder wider adoption.
Opportunities:
- Technological Advancements: Improvements in scalability, security, and efficiency of blockchain technology can attract new users and developers.
- Institutional Adoption:
Growing interest from mainstream financial institutions and corporations could legitimize and stabilize the market.
- Real-World Applications:
Expanding practical use cases for blockchain technology beyond just financial transactions, such as supply chain management and identity verification, can increase user base and utility.
- Decentralization:
The inherent decentralized nature of cryptocurrencies can be appealing in contexts where trust in central authorities is low.
Overall, I think Survival will likely depend on the ability to address critical issues, adapt to evolving regulations, and develop real-world applications that provide tangible value beyond speculation.
Ultimately, the decision of whether or not to invest in cryptos is a personal one based on your risk tolerance and investment goals. Remember, investing in any asset class carries inherent risks, and the crypto market is particularly volatile.
Thanks for passing by and reading.
Good luck 🍀 always.
Have a great time all of you.
#Cryptocurrrency #NewsofCrypto
Predicting the future of anything, especially with the volatility of the crypto market, is challenging. So there are factors that could influence the survival of cryptos in the coming years:
Challenges:
- Regulation:
Increased government scrutiny and regulations may impact adoption and hinder innovation within the space.
- Sustainability:
The high energy consumption of some blockchain technologies raises environmental concerns, potentially leading to negative public perception and regulatory restrictions.
- Economic Downturns:
If global economic conditions worsen, investors may become more risk-averse, affecting the crypto market, particularly speculative tokens.
- Fraud and Scams:
Continued scams and hacks within the crypto industry can erode trust and hinder wider adoption.
Opportunities:
- Technological Advancements: Improvements in scalability, security, and efficiency of blockchain technology can attract new users and developers.
- Institutional Adoption:
Growing interest from mainstream financial institutions and corporations could legitimize and stabilize the market.
- Real-World Applications:
Expanding practical use cases for blockchain technology beyond just financial transactions, such as supply chain management and identity verification, can increase user base and utility.
- Decentralization:
The inherent decentralized nature of cryptocurrencies can be appealing in contexts where trust in central authorities is low.
Overall, I think Survival will likely depend on the ability to address critical issues, adapt to evolving regulations, and develop real-world applications that provide tangible value beyond speculation.
Ultimately, the decision of whether or not to invest in cryptos is a personal one based on your risk tolerance and investment goals. Remember, investing in any asset class carries inherent risks, and the crypto market is particularly volatile.
Thanks for passing by and reading.
Good luck 🍀 always.
Have a great time all of you.
#Cryptocurrrency #NewsofCrypto
What makes this year's bull run different is the launch of a spot Bitcoin ETF on US stock exchanges marks a significant milestone for the cryptocurrency sector. Unlike futures-based Bitcoin ETFs, which have been available in some jurisdictions, a spot Bitcoin ETF allows investors to gain exposure to actual Bitcoin without directly owning or storing the cryptocurrency themselves.
The introduction of a spot Bitcoin ETF on US stock exchanges opens up the cryptocurrency market to a broader range of investors, including institutional and retail investors who may prefer to invest through traditional brokerage accounts. This development can potentially lead to increased liquidity, price discovery, and overall market maturity for Bitcoin and the broader cryptocurrency market.
Additionally, the approval and launch of a spot Bitcoin ETF in the US signal a growing acceptance and recognition of Bitcoin as a legitimate asset class by regulatory authorities and traditional financial institutions. This could pave the way for further mainstream adoption and investment in cryptocurrencies in the future.
$BTC #news2024 #newsdaily #NewsUpdated #NewsofCrypto #newbieTrader
The introduction of a spot Bitcoin ETF on US stock exchanges opens up the cryptocurrency market to a broader range of investors, including institutional and retail investors who may prefer to invest through traditional brokerage accounts. This development can potentially lead to increased liquidity, price discovery, and overall market maturity for Bitcoin and the broader cryptocurrency market.
Additionally, the approval and launch of a spot Bitcoin ETF in the US signal a growing acceptance and recognition of Bitcoin as a legitimate asset class by regulatory authorities and traditional financial institutions. This could pave the way for further mainstream adoption and investment in cryptocurrencies in the future.
$BTC #news2024 #newsdaily #NewsUpdated #NewsofCrypto #newbieTrader
LIVEReaping Riches Grim Crypto Chronicles
--
ABOUT BITCOIN ‼️
It's fascinating to see how Bitcoin's price behavior has unfolded, particularly around its halving events. Historically, Bitcoin has indeed experienced significant price increases following each halving event due to the reduction in the rate of new supply entering the market.
The fact that Bitcoin surpassed its previous peak in 2021 before the halving in 2020 and continued to set new highs, reaching above $73,777 in 2024, demonstrates the growing adoption and interest in Bitcoin as a store of value and investment asset. This trend showcases the resilience and potential of Bitcoin to continue appreciating in value over time, despite market fluctuations and economic uncertainties.
$BTC
Thread...
The fact that Bitcoin surpassed its previous peak in 2021 before the halving in 2020 and continued to set new highs, reaching above $73,777 in 2024, demonstrates the growing adoption and interest in Bitcoin as a store of value and investment asset. This trend showcases the resilience and potential of Bitcoin to continue appreciating in value over time, despite market fluctuations and economic uncertainties.
$BTC
Thread...
#BTC Bitcoin options traders are already locking in profits even before the Wednesday deadline by which the US Securities and Exchange Commission must decide if it will allow an exchange-traded fund to directly hold the digital asset.
Market participants have seen a surge in the selling of short-term call option contracts over the last 24 hours. The put-to-call ratio for the contracts that will expire on Jan. 19 is now above 1 — much higher than two weeks ago, according to data compiled by Deribit, the largest crypto options exchange.
#BTC #NewsofCrypto
Market participants have seen a surge in the selling of short-term call option contracts over the last 24 hours. The put-to-call ratio for the contracts that will expire on Jan. 19 is now above 1 — much higher than two weeks ago, according to data compiled by Deribit, the largest crypto options exchange.
#BTC #NewsofCrypto
NEWS
Ripple's XRP Ousted From Hong Kong Virtual Asset Consortium's Top Crypto Index
As Hong Kong strengthens its crypto regulatory framework and embraces ETFs, the Hong Kong Virtual Asset Consortium (HKVAC) has updated its crypto indexes, showing a preference for tokens with market performance and growing industry partnerships.
#NewsofCrypto
Ripple's XRP Ousted From Hong Kong Virtual Asset Consortium's Top Crypto Index
As Hong Kong strengthens its crypto regulatory framework and embraces ETFs, the Hong Kong Virtual Asset Consortium (HKVAC) has updated its crypto indexes, showing a preference for tokens with market performance and growing industry partnerships.
#NewsofCrypto
Breaking🚨: Terra LUNA Plunges 10% After Crypto.com's Shock Delisting Bombshell!
In a surprising move, Crypto.com has sent shockwaves through the crypto community by delisting Terra LUNA, causing the token to tumble nearly 10% in value. The announcement, made by the popular exchange today, left investors on the edge of their seats, reflecting the uncertainty surrounding the decision.LUNA and its counterpart, LUNA Classic, both experienced a significant drop in value, leaving traders pondering their next move in the market. The 12% decrease in the 24-hour trading volume for both tokens only added to the sense of caution, indicating a noticeable retreat in market activity surrounding these assets.Responding swiftly to the unfolding situation, Crypto.com has implemented a series of decisive actions to safeguard its users and navigate the risks associated with the delisting. Among the key measures taken is the suspension of trading for not only LUNA but also MIR and ANC on both the Crypto.com app and exchange platforms.In a bid to further protect users, Crypto.com has halted new earn deposits and loans for LUNA, creating a shield against potential risks. While these actions may sound drastic, existing LUNA Earn deposits remain unaffected, providing a stable haven for current investors amidst the storm.The suspension extends beyond trading, impacting deposits and withdrawals for various tokens, including Terra native and Cronos CRC20 LUNA, Ethereum Mainnet ERC20 and Cronos CRC20 MIR, and LUNA and ANC Perps. This comprehensive approach comes in the wake of the LUNA blockchain's current inactivity, a result of a decision by its validators.To add another layer of caution, Crypto.com has put a halt to all dollar-cost averaging (DCA) trading bots for LUNA on its exchange. This move underscores the exchange's commitment to managing ongoing volatility responsibly and ensuring the safety of its users in these unpredictable times.While the crypto market is no stranger to twists and turns, the delisting of Terra LUNA by Crypto.com has undoubtedly stirred the pot. As investors brace for potential aftershocks, only time will tell how this bold move will impact the broader crypto landscape.$LUNA #NewsofCrypto #newsTrading
#BTC #NewsofCrypto $BTC
Crypto Scam: Indian Engineer Loses $15,000 on Telegram
Spot Bitcoin ETF Approved: Grayscale becomes biggest Winner.
CoinGecko Hit by Phishing Scam; Users Warned of Fake Airdrop
Elon Musk Says Open To The Idea Of Using Bitcoin
Cathie Wood Slams Gary Gensler for Denigrating Crypto After Bitcoin ETF Approval.
Celsius creditors who withdrew 90 days before bankruptcy are asked to send money back
Laser Digital unveils Polygon-powered Libre protocol for Brevan Howard funds
Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
HK asset managers exploring potential spot crypto ETFs
ThetanutsFi announces CoinList partnership and incentivized alpha campaign 🔥
GammaStrategies revised remediation plan
WemixNetwork implement "Zero Minting" for their token
eigenlayer to bring Cosmos and Ethereum together
Fox Corporation collaborates with Polygon Labs to launch Verify
base releases 2024 roadmap
BananaGunBot removes token tax
Introducing InfraredFinance on Berachain
y2kfinance introduces Turbo Option Vaults
ConicFinance v2 launch proposal
That's it for now guys, hope you enjoyed the read. Don't forget to subscribe to this page and turn on the notification bell to stay well informed.
Crypto Scam: Indian Engineer Loses $15,000 on Telegram
Spot Bitcoin ETF Approved: Grayscale becomes biggest Winner.
CoinGecko Hit by Phishing Scam; Users Warned of Fake Airdrop
Elon Musk Says Open To The Idea Of Using Bitcoin
Cathie Wood Slams Gary Gensler for Denigrating Crypto After Bitcoin ETF Approval.
Celsius creditors who withdrew 90 days before bankruptcy are asked to send money back
Laser Digital unveils Polygon-powered Libre protocol for Brevan Howard funds
Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
HK asset managers exploring potential spot crypto ETFs
ThetanutsFi announces CoinList partnership and incentivized alpha campaign 🔥
GammaStrategies revised remediation plan
WemixNetwork implement "Zero Minting" for their token
eigenlayer to bring Cosmos and Ethereum together
Fox Corporation collaborates with Polygon Labs to launch Verify
base releases 2024 roadmap
BananaGunBot removes token tax
Introducing InfraredFinance on Berachain
y2kfinance introduces Turbo Option Vaults
ConicFinance v2 launch proposal
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