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Hi Guys,
It's Big & Big #alert About $BTC Liquidations of $411 Million !!!
Bitcoin Plunges to $69,000 After Mixed US Job Data, $411 Million in Liquidations Follow
Bitcoin’s (BTC) price fell to $69,000 after Friday’s mixed US job data release, leading to over $411 million in liquidations.
This decline followed the crypto market’s reaction to new economic indicators, which showed both positive and concerning signs for the US economy.
Economic Indicators and Market Sentiment Set the Stage for
Bitcoin’s Next Move
Non-farm payrolls expanded to 272,000 for May, significantly above April’s 165,000 and the Dow Jones estimate of 190,000. However, the unemployment rate rose to 4% for the first time since January 2022.
Job gains were notable in health care, government, leisure, and hospitality. Analysts see this report as hawkish, suggesting it may delay interest rate cuts
According to the CME FedWatch Tool, futures indicate a 50.5% chance of a rate cut by September. The market remains uncertain, leading to increased volatility in the crypto market, especially for Bitcoin.
Coinglass data shows total crypto liquidations in the past 24 hours reached $411.88 million, affecting nearly 148,000 traders. Long positions accounted for $360.41 million, while short positions made up $51.47 million.
Despite the recent dip, renowned analyst Markus Thielen offers a positive outlook for Bitcoin in the longer term. In his latest report, Thielen highlights the potential for Bitcoin to reach $83,000, driven by a bullish head-and-shoulders formation and supportive macroeconomic factors.
He emphasizes the role of the global central bank easing cycle, with recent interest rate cuts in Canada, Denmark, and Europe, and further easing expected in the US due to weakening economic indicators.
#TopCoinsJune2024 #Write2Earrn #EarnFreeCrypto2024 #BTC☀
It's Big & Big #alert About $BTC Liquidations of $411 Million !!!
Bitcoin Plunges to $69,000 After Mixed US Job Data, $411 Million in Liquidations Follow
Bitcoin’s (BTC) price fell to $69,000 after Friday’s mixed US job data release, leading to over $411 million in liquidations.
This decline followed the crypto market’s reaction to new economic indicators, which showed both positive and concerning signs for the US economy.
Economic Indicators and Market Sentiment Set the Stage for
Bitcoin’s Next Move
Non-farm payrolls expanded to 272,000 for May, significantly above April’s 165,000 and the Dow Jones estimate of 190,000. However, the unemployment rate rose to 4% for the first time since January 2022.
Job gains were notable in health care, government, leisure, and hospitality. Analysts see this report as hawkish, suggesting it may delay interest rate cuts
According to the CME FedWatch Tool, futures indicate a 50.5% chance of a rate cut by September. The market remains uncertain, leading to increased volatility in the crypto market, especially for Bitcoin.
Coinglass data shows total crypto liquidations in the past 24 hours reached $411.88 million, affecting nearly 148,000 traders. Long positions accounted for $360.41 million, while short positions made up $51.47 million.
Despite the recent dip, renowned analyst Markus Thielen offers a positive outlook for Bitcoin in the longer term. In his latest report, Thielen highlights the potential for Bitcoin to reach $83,000, driven by a bullish head-and-shoulders formation and supportive macroeconomic factors.
He emphasizes the role of the global central bank easing cycle, with recent interest rate cuts in Canada, Denmark, and Europe, and further easing expected in the US due to weakening economic indicators.
#TopCoinsJune2024 #Write2Earrn #EarnFreeCrypto2024 #BTC☀
Hi Guys,
IT;s Big & Big #alert About $BTC ETFs Outflow of $887 Million !!!
Bitcoin ETFs record best day with no outflows netting $887 million
Total Bitcoin ETF inflows hit $15 billion, Fidelity and BlackRock contribute massively.
Leading the charge was Fidelity’s FBTC, which recorded an inflow of $378.7 million, marking its biggest single-day inflow since March 7.
This boost brought Fidelity’s total net inflow to $9.3 billion. BlackRock’s IBIT was another major contributor, with an inflow of $274.4 million, raising its total net inflow to an impressive $17 billion.
Bitwise’s BITB saw a $61 million inflow, taking its total to $2 billion, while Ark’s ARKB reported a $138.7 million inflow, pushing its total to $2.6 billion.
Grayscale’s GBTC saw a $28.2 million inflow, which still reflects a total net outflow of $17.9 billion. In total, ETFs have attracted a combined inflow of $15 billion, according to Farside data.
According to Heyapollo data, the $886.6 million inflow is equivalent to 12,590 Bitcoin, with FBTC alone accounting for 5,374 BTC.
US Bitcoin ETFs have now experienced 16 consecutive trading days of inflows. Just one more day of inflows will tie the current record for consecutive inflow days.
#StartInvestingInCrypto #btc70k #Write2Earrn #EarnFreeCrypto2024
IT;s Big & Big #alert About $BTC ETFs Outflow of $887 Million !!!
Bitcoin ETFs record best day with no outflows netting $887 million
Total Bitcoin ETF inflows hit $15 billion, Fidelity and BlackRock contribute massively.
Leading the charge was Fidelity’s FBTC, which recorded an inflow of $378.7 million, marking its biggest single-day inflow since March 7.
This boost brought Fidelity’s total net inflow to $9.3 billion. BlackRock’s IBIT was another major contributor, with an inflow of $274.4 million, raising its total net inflow to an impressive $17 billion.
Bitwise’s BITB saw a $61 million inflow, taking its total to $2 billion, while Ark’s ARKB reported a $138.7 million inflow, pushing its total to $2.6 billion.
Grayscale’s GBTC saw a $28.2 million inflow, which still reflects a total net outflow of $17.9 billion. In total, ETFs have attracted a combined inflow of $15 billion, according to Farside data.
According to Heyapollo data, the $886.6 million inflow is equivalent to 12,590 Bitcoin, with FBTC alone accounting for 5,374 BTC.
US Bitcoin ETFs have now experienced 16 consecutive trading days of inflows. Just one more day of inflows will tie the current record for consecutive inflow days.
#StartInvestingInCrypto #btc70k #Write2Earrn #EarnFreeCrypto2024
Hi Guys,
It's Big & Big #alert About Tommorrow Trade of $BTC
Check out again trade for those who have hitted SL.
#StartInvestingInCrypto #Write2Earrn #EarnFreeCrypto2024 #BTC☀
It's Big & Big #alert About Tommorrow Trade of $BTC
Check out again trade for those who have hitted SL.
#StartInvestingInCrypto #Write2Earrn #EarnFreeCrypto2024 #BTC☀
Hi Guys,
It's Big & Big #alert About Cryptofunds $435 Million !!!
Crypto Funds Extend Outflow Streak for 3rd Week With $435M
Inflows to crypto funds continue to dry up as interest wanes.
Crypto Funds Bleed $435M
Last week, investors withdrew $435 million from crypto investment funds, according to CoinShares’ most recent crypto fund flows report published on Monday, April 29.
The net outflow continues the current trend for a third week and marks the second largest outflow since the record $1 billion in a week in March 2024.
Last week’s net outflows came as spot Bitcoin ETFs, particularly in the U.S., failed to keep up with outflows from Grayscale’s converted ETF despite the latter hitting a nine-week low.
The newly issued ETFs had only recorded inflows of about $126 million during the week, dwarfed by Grayscale’s $440 million outflows.
Beyond the U.S., Germany and Canada also recorded outflows of $16 million and $32 million, respectively.
With Grayscale leading outflows, Bitcoin-backed funds suffered the most, with investors withdrawing $423 million. Meanwhile, Ethereum-linked funds also saw $38 million in net outflows.
#NFP #Fed #BTC #Memecoins
It's Big & Big #alert About Cryptofunds $435 Million !!!
Crypto Funds Extend Outflow Streak for 3rd Week With $435M
Inflows to crypto funds continue to dry up as interest wanes.
Crypto Funds Bleed $435M
Last week, investors withdrew $435 million from crypto investment funds, according to CoinShares’ most recent crypto fund flows report published on Monday, April 29.
The net outflow continues the current trend for a third week and marks the second largest outflow since the record $1 billion in a week in March 2024.
Last week’s net outflows came as spot Bitcoin ETFs, particularly in the U.S., failed to keep up with outflows from Grayscale’s converted ETF despite the latter hitting a nine-week low.
The newly issued ETFs had only recorded inflows of about $126 million during the week, dwarfed by Grayscale’s $440 million outflows.
Beyond the U.S., Germany and Canada also recorded outflows of $16 million and $32 million, respectively.
With Grayscale leading outflows, Bitcoin-backed funds suffered the most, with investors withdrawing $423 million. Meanwhile, Ethereum-linked funds also saw $38 million in net outflows.
#NFP #Fed #BTC #Memecoins
Co może zatrzymać hossę? Bitcoin atakuje 50 000 USD
Pierwsza sesja giełdowa na międzynarodowych rynkach finansowych w nowym tygodniu handlu stoi pod znakiem wzrostów. Giełdy w Europie, Stanach Zjednoczonych oraz rynek kryptowalut odnotowują dynamiczne zwyżki, które w wielu przypadkach wzniosły poszczególne instrumenty na nowe szczyty. Zatrzymać w krótkim terminie te wzrosty może jednak dziś raport CPI z USA , który w dużej mierze może zmienić przewidywania rynku dotyczące tempa obniżek stóp procentowych w USA.
$BTC #Write2Earn #alert
Pierwsza sesja giełdowa na międzynarodowych rynkach finansowych w nowym tygodniu handlu stoi pod znakiem wzrostów. Giełdy w Europie, Stanach Zjednoczonych oraz rynek kryptowalut odnotowują dynamiczne zwyżki, które w wielu przypadkach wzniosły poszczególne instrumenty na nowe szczyty. Zatrzymać w krótkim terminie te wzrosty może jednak dziś raport CPI z USA , który w dużej mierze może zmienić przewidywania rynku dotyczące tempa obniżek stóp procentowych w USA.
$BTC #Write2Earn #alert
Vip Crypto Update
Breaking: #Binance fined for C$6 million ($4.4 million) by Canada's financial watchdog for violating regulations.
$BTC #BinanceLaunchpool #CryptoWatchMay2024 #alert #CryptoNews
Breaking: #Binance fined for C$6 million ($4.4 million) by Canada's financial watchdog for violating regulations.
$BTC #BinanceLaunchpool #CryptoWatchMay2024 #alert #CryptoNews
⚡⚡⚡⚡⚡⚡ IRON - COIN Airdrop Live 🤑🤑🤑🤑🤑😉
Join Now only 2 - Days Left 🙂.
Sorry For Late Reminder 🥺.
Link :-
👉 https://bit.ly/3P5gVki
Best Of Luck 💕🫂.
#alert #airdrop #TrendingTopic
Join Now only 2 - Days Left 🙂.
Sorry For Late Reminder 🥺.
Link :-
👉 https://bit.ly/3P5gVki
Best Of Luck 💕🫂.
#alert #airdrop #TrendingTopic
#BTC #hackers #alert 1. **Gamma's $3.4M Crypto Heist Drama! 💸 Negotiations in Progress! 🤝**
Gamma Strategies faces a $3.4 million exploit, diving into negotiations with the hacker for a daring recovery mission. Stay tuned for the unfolding drama in the crypto underworld.
---
2. **PeckShield Exposes Gamma's $3.4M Exploit! 🕵️♂️ Dive into the Drama! 🔍**
Security firm PeckShield reveals a $3.4 million exploit in Gamma's vaults. Join the investigation as the stolen funds are traced, uncovering the aftermath of this decentralized finance shocker.
---
3. **Gamma's Bold Move: Bounty Talks with Hacker! 💬💼**
Gamma Strategies takes an unexpected turn by negotiating with the hacker behind the $3.4 million heist. Explore the dynamics of this negotiation as Gamma strives to reclaim its stolen assets.
---
4. **Gamma Fights Back: Vaults Sealed, Negotiations Open! 🚀🔒**
After the exploit, Gamma Strategies shuts down vault deposits, allowing only withdrawals. Join the crypto battlefront as negotiations unfold, and strategic measures are taken to secure Gamma's ecosystem.
---
5. **Gamma's Redemption Plan: Attack Roots Revealed! 🗺️🛡️**
Gamma Strategies seals deposits, identifies the root cause, and plans a code review before reopening. Follow the roadmap to recovery as Gamma aims to restore confidence in its security.
---
6. **Gamma's Apology and Promise: Maximize Recovery! 🙏💎**
Amidst chaos, Gamma Strategies apologizes and promises a detailed plan for recovery, vowing to maximize returns for those affected by the $3.4 million exploit.
---
7. **Follow Mr Ghost for Exclusive Crypto Thrills! 👻🚀**
For real-time updates, mysteries, and insights into the crypto world, follow Mr Ghost! Don't miss out on the thrilling stories of negotiations, recoveries, and the dynamic landscape of decentralized finance. Get your front-row seat to the crypto rollercoaster! 👻💰
#XAI #etf
Gamma Strategies faces a $3.4 million exploit, diving into negotiations with the hacker for a daring recovery mission. Stay tuned for the unfolding drama in the crypto underworld.
---
2. **PeckShield Exposes Gamma's $3.4M Exploit! 🕵️♂️ Dive into the Drama! 🔍**
Security firm PeckShield reveals a $3.4 million exploit in Gamma's vaults. Join the investigation as the stolen funds are traced, uncovering the aftermath of this decentralized finance shocker.
---
3. **Gamma's Bold Move: Bounty Talks with Hacker! 💬💼**
Gamma Strategies takes an unexpected turn by negotiating with the hacker behind the $3.4 million heist. Explore the dynamics of this negotiation as Gamma strives to reclaim its stolen assets.
---
4. **Gamma Fights Back: Vaults Sealed, Negotiations Open! 🚀🔒**
After the exploit, Gamma Strategies shuts down vault deposits, allowing only withdrawals. Join the crypto battlefront as negotiations unfold, and strategic measures are taken to secure Gamma's ecosystem.
---
5. **Gamma's Redemption Plan: Attack Roots Revealed! 🗺️🛡️**
Gamma Strategies seals deposits, identifies the root cause, and plans a code review before reopening. Follow the roadmap to recovery as Gamma aims to restore confidence in its security.
---
6. **Gamma's Apology and Promise: Maximize Recovery! 🙏💎**
Amidst chaos, Gamma Strategies apologizes and promises a detailed plan for recovery, vowing to maximize returns for those affected by the $3.4 million exploit.
---
7. **Follow Mr Ghost for Exclusive Crypto Thrills! 👻🚀**
For real-time updates, mysteries, and insights into the crypto world, follow Mr Ghost! Don't miss out on the thrilling stories of negotiations, recoveries, and the dynamic landscape of decentralized finance. Get your front-row seat to the crypto rollercoaster! 👻💰
#XAI #etf
Hi Everyone !
It's Big & Big #alert About $ETH #whales_game !!!
Prior to the surge of Ethereum, which was triggered by the addition of the Franklin Templeton ETH ETF to the DTCC ETF list, there was a significant increase in price.
This price increase was anticipated by the withdrawal of a large amount of ETH from Binance by three new whales.
The recent withdrawal of 11,557 ETH from the exchange has proven to be a significant event, as it marks the first time such a substantial amount has been withdrawn. At the time of the withdrawal, the total value of the Ethereum amounted to approximately $36 million.
The recent withdrawal from Binance has resulted in Ethereum whales gaining a significant profit of $1.76 million. Following the withdrawal, the value of Ethereum has appreciated, leading to the new whales now possessing unrealized profits equivalent to a 5% gain.
This data is obtained from Spot on Chain, a platform that monitors on-chain data and provides a succinct and transparent overview of access and whale actions.
The withdrawal of more than 11,000 ETH from Binance in this scenario has the potential to spark heightened curiosity among investors and commentators regarding the movement of cryptocurrency holdings by influential individuals.
#Megadrop #EthereumPower #BinanceLaunchpool $ETH
It's Big & Big #alert About $ETH #whales_game !!!
Prior to the surge of Ethereum, which was triggered by the addition of the Franklin Templeton ETH ETF to the DTCC ETF list, there was a significant increase in price.
This price increase was anticipated by the withdrawal of a large amount of ETH from Binance by three new whales.
The recent withdrawal of 11,557 ETH from the exchange has proven to be a significant event, as it marks the first time such a substantial amount has been withdrawn. At the time of the withdrawal, the total value of the Ethereum amounted to approximately $36 million.
The recent withdrawal from Binance has resulted in Ethereum whales gaining a significant profit of $1.76 million. Following the withdrawal, the value of Ethereum has appreciated, leading to the new whales now possessing unrealized profits equivalent to a 5% gain.
This data is obtained from Spot on Chain, a platform that monitors on-chain data and provides a succinct and transparent overview of access and whale actions.
The withdrawal of more than 11,000 ETH from Binance in this scenario has the potential to spark heightened curiosity among investors and commentators regarding the movement of cryptocurrency holdings by influential individuals.
#Megadrop #EthereumPower #BinanceLaunchpool $ETH
#alert 🚨🚀🚀
The price of #Bitcoin charging higher, reaching levels not seen in more than two years. 🚀🔥
#Write2Eam #Write2Earn #Write2Earnn
PLEASE FOLLOW FOR MORE 🌎⭐️
The price of #Bitcoin charging higher, reaching levels not seen in more than two years. 🚀🔥
#Write2Eam #Write2Earn #Write2Earnn
PLEASE FOLLOW FOR MORE 🌎⭐️
Hi Guys,
It's Big & Big #alert ABOUT $BTC Price Red After 7-Months Green Figures!!
Bitcoin price red alert as 7-month green streak ends; How bad is it?
After months of rallying and predominantly trading in the green zone, Bitcoin (BTC) faces a new sobering reality, with the maiden cryptocurrency poised to close April with losses.
These losses come after the asset enjoyed a seven-month streak of bullish price movements, highlighted by key events such as the approval of the first US spot Bitcoin exchange-traded fund (ETF) and the halving.
Reviewing the asset’s price, crypto trading expert TradingShot suggested in a TradingView post on April 30 that the one-month decline should not cause alarm. Notably, amid the price drop, Bitcoin has struggled to maintain its valuation above $60,000, with concerns that a slip below this level could result in further losses.
The impact of halving
The analysis pointed out that after each of Bitcoin’s halving events, the cryptocurrency has seen single red candles five times and double red candles twice. This pattern suggests that short-term corrections are expected, especially as Bitcoin gears up for its final surge.
Looking ahead, there is optimism for a rebound in the coming months. The analyst suggested that June will likely return to green territory, potentially kicking off another streak of positive monthly performances.
Bitcoin was valued at $61,255, marking a correction of approximately 1.6% over the past 24 hours. Over the past week, the cryptocurrency experienced a downturn of nearly 9%.
#HKETF #NFP #Write2Earrn #ScamRiskWarning
It's Big & Big #alert ABOUT $BTC Price Red After 7-Months Green Figures!!
Bitcoin price red alert as 7-month green streak ends; How bad is it?
After months of rallying and predominantly trading in the green zone, Bitcoin (BTC) faces a new sobering reality, with the maiden cryptocurrency poised to close April with losses.
These losses come after the asset enjoyed a seven-month streak of bullish price movements, highlighted by key events such as the approval of the first US spot Bitcoin exchange-traded fund (ETF) and the halving.
Reviewing the asset’s price, crypto trading expert TradingShot suggested in a TradingView post on April 30 that the one-month decline should not cause alarm. Notably, amid the price drop, Bitcoin has struggled to maintain its valuation above $60,000, with concerns that a slip below this level could result in further losses.
The impact of halving
The analysis pointed out that after each of Bitcoin’s halving events, the cryptocurrency has seen single red candles five times and double red candles twice. This pattern suggests that short-term corrections are expected, especially as Bitcoin gears up for its final surge.
Looking ahead, there is optimism for a rebound in the coming months. The analyst suggested that June will likely return to green territory, potentially kicking off another streak of positive monthly performances.
Bitcoin was valued at $61,255, marking a correction of approximately 1.6% over the past 24 hours. Over the past week, the cryptocurrency experienced a downturn of nearly 9%.
#HKETF #NFP #Write2Earrn #ScamRiskWarning
London-based banking professional loses more than ₹1.2 crore in crypto fraud; tips to safeguard
Two individuals, Varun Yadav in London and a man in Bengaluru, fell victim to a cryptocurrency scam orchestrated by individuals they met on matrimonial websites. The fraudsters lured them into investing in a platform called deuncoin.com. The scam involved manipulating investors to deposit increasing amounts of money, falsely showing gains, and then preventing withdrawals by citing suspicious activity. The scammers further urged victims to invest more for various reasons, creating a cycle of financial loss. Legal remedies include seeking immediate legal assistance or contacting law enforcement agencies' cyber cells, filing a fraud case against the perpetrators, and gathering evidence such as communication data and transaction details to strengthen the case. Investors are advised to be cautious and vigilant against such scams.Modus operandi of the crypto scam on Deuncoin:I.) You are caused to create an account at the likes of Deuncoin. You invest money to buy crypto tokens. The account shows that you own a certain range of tokens or even small withdrawals are permitted.II.) Upon seeing the increase in the portfolio, the gullible investor may get incentivized to invest more. At this stage, the investor is even allowed to withdraw gains.III.) But soon later, losses start to mount due to the manual manipulation carried out on the platform. The investor receives caused to invest extra cash to recoup losses. “No remember how efficiently you invest, your account might show losses because of the manual manipulation they do at the platform. IV.) However, when you need to withdraw a part of your portfolio, customer care would give lame excuses such as your account witnessed suspicious activity.V.) customer care would prompt you to invest a big sum directly from your bank account to complete the verification so that the withdrawals can be restored.VI.) In fact, there is no suspicious activity and urging the investor to invest more money is a ploy to extract an extra pound of flesh. An investor should view this request merely as a `red flag`.VII.) The Deuncoin representative might create a faux sense of urgency to invest more money before withdrawals are allowed. For instance, the investor would be told to invest ₹20 lakh within 24 hours to prevent the account from being completely frozen.VIII.) Even after investing extra cash, the company representative would continue to urge the investor to invest more money in the name of capital gain tax or something else. IX.) Under no circumstances, they allow depositors to withdraw any cash. The more you invest, the bigger the scam you emerge as vulnerable to. Legal remedies available In case this happens to an investor, it is advisable to search for instantaneously legal help or approach the cyber cell of regulation enforcement agencies. The affected party have to consider filing a fraud case against the wrongdoers. The collection of substantial evidence, including communication data and transaction details, can significantly strengthen the case." #Write2Earn #ScamAwareness #alert #TrendingTopic #BTC
🔥💰🔥#alert : BTC vs altcoins Market Analysis and Update🔥💰🔥
✅**Bitcoin:**
📝BTC remains in the volatility zone as previously identified.
📝 BTC needs to consolidate above $66,000 to trigger the altseason.
📝Expect a local pullback to $62,500; consolidation above this level could pave the way to $66,000+.
📝The market continues to shake out weaker participants, which may persist for a while.
📝Time-based capitulation is particularly draining, leading many to sell off their assets.
✅**Altcoins:**
📝On the weekly chart, altcoins appear very bullish and poised for a potential parabolic rise.
📝However, the current sideways movement might continue for several weeks.
📝 The market seems to be in the "bottom area," though a -20% dip is possible for weaker altcoins. Strong altcoins should maintain their strength.
📝Buying BTC, , ETH and SOL now and on pullbacks throughout the bull cycle is a sound strategy.
👉🏻Please follow for more updates and information. Your follow means motivation to keep doing better. Thank You.🙏
🧑💻DYOR for financial activities. This is only for educational purposes.
#notcoin #ETHETFS #MemeWatch2024 #BinanceLaunchpool $SOL $FTM $PEPE
✅**Bitcoin:**
📝BTC remains in the volatility zone as previously identified.
📝 BTC needs to consolidate above $66,000 to trigger the altseason.
📝Expect a local pullback to $62,500; consolidation above this level could pave the way to $66,000+.
📝The market continues to shake out weaker participants, which may persist for a while.
📝Time-based capitulation is particularly draining, leading many to sell off their assets.
✅**Altcoins:**
📝On the weekly chart, altcoins appear very bullish and poised for a potential parabolic rise.
📝However, the current sideways movement might continue for several weeks.
📝 The market seems to be in the "bottom area," though a -20% dip is possible for weaker altcoins. Strong altcoins should maintain their strength.
📝Buying BTC, , ETH and SOL now and on pullbacks throughout the bull cycle is a sound strategy.
👉🏻Please follow for more updates and information. Your follow means motivation to keep doing better. Thank You.🙏
🧑💻DYOR for financial activities. This is only for educational purposes.
#notcoin #ETHETFS #MemeWatch2024 #BinanceLaunchpool $SOL $FTM $PEPE
LIVE
Coinpedia
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Rumour Alert! Is a Bitcoin ETF Approval Imminent in the Next 24 Hours?
The post Rumour Alert! Is a Bitcoin ETF Approval Imminent in the Next 24 Hours? appeared first on Coinpedia Fintech News
In a tweet that has both electrified and polarized the crypto community, YouTuber That Martini Guy claims that a Bitcoin ETF approval is “reportedly expected within 24 hours.” While some view this as breaking news, others question its legitimacy, raising concerns about the lack of sourcing and the potential for market manipulation. So, what’s the real deal here?
BREAKING: #bitcoin ETF approval reportedly expected within 24 hours
— That Martini Guy ₿ (@MartiniGuyYT) October 26, 2023
The rumor gained some credibility following recent public comments by SEC Chairman Gary Gensler, who has confirmed that as many as 8–10 spot Bitcoin ETF applications are currently under review. These statements have propelled Bitcoin’s price and volume in the past week, suggesting that some traders are already positioning for a possible ETF approval.
Tweets, Trolls, and Trials: The Public’s Mixed Reactions
Interestingly, Martini Guy’s tweet has drawn mixed reactions. One user questioned the absence of sources in the claim, suggesting that such behavior could be sued for market manipulation. Another queried if this was a mere exercise in “engagement farming.”
As we speak, Bitcoin is trading at $36,000 and teasing the possibility of an all-time high. Trading volumes have spiked, and Fibonacci ratios indicate that Bitcoin could challenge higher valuations.
While optimism abounds, especially among traders who have maintained long positions, a “sell-the-news” event post-approval is a darker possibility lurking. Experts like Hayden Hughes, co-founder of Alpha Impact, predict that the market may already have priced in the rumored approval. This leads to potential profit-taking and subsequent price drops once the news materializes.
The surge in Bitcoin comes amid a backdrop of global uncertainty marked by rising Treasury yields and geopolitical risks. Despite these challenges, Bitcoin has outshined traditional investment vehicles, establishing itself as a digital store of value. However, it’s worth remembering that these gains are fragile; regulatory approval does not necessarily spell sustained price gains.
Amid this turmoil, Bitcoin seems to be stealing Gold’s limelight as the go-to store of value. Mike McGlone, Bloomberg’s Senior Macro Strategist, notes that Bitcoin’s recent trajectory could significantly alter its valuation metrics in relation to Gold, heralding a new chapter in the asset’s history.
In a tweet that has both electrified and polarized the crypto community, YouTuber That Martini Guy claims that a Bitcoin ETF approval is “reportedly expected within 24 hours.” While some view this as breaking news, others question its legitimacy, raising concerns about the lack of sourcing and the potential for market manipulation. So, what’s the real deal here?
BREAKING: #bitcoin ETF approval reportedly expected within 24 hours
— That Martini Guy ₿ (@MartiniGuyYT) October 26, 2023
The rumor gained some credibility following recent public comments by SEC Chairman Gary Gensler, who has confirmed that as many as 8–10 spot Bitcoin ETF applications are currently under review. These statements have propelled Bitcoin’s price and volume in the past week, suggesting that some traders are already positioning for a possible ETF approval.
Tweets, Trolls, and Trials: The Public’s Mixed Reactions
Interestingly, Martini Guy’s tweet has drawn mixed reactions. One user questioned the absence of sources in the claim, suggesting that such behavior could be sued for market manipulation. Another queried if this was a mere exercise in “engagement farming.”
As we speak, Bitcoin is trading at $36,000 and teasing the possibility of an all-time high. Trading volumes have spiked, and Fibonacci ratios indicate that Bitcoin could challenge higher valuations.
While optimism abounds, especially among traders who have maintained long positions, a “sell-the-news” event post-approval is a darker possibility lurking. Experts like Hayden Hughes, co-founder of Alpha Impact, predict that the market may already have priced in the rumored approval. This leads to potential profit-taking and subsequent price drops once the news materializes.
The surge in Bitcoin comes amid a backdrop of global uncertainty marked by rising Treasury yields and geopolitical risks. Despite these challenges, Bitcoin has outshined traditional investment vehicles, establishing itself as a digital store of value. However, it’s worth remembering that these gains are fragile; regulatory approval does not necessarily spell sustained price gains.
Amid this turmoil, Bitcoin seems to be stealing Gold’s limelight as the go-to store of value. Mike McGlone, Bloomberg’s Senior Macro Strategist, notes that Bitcoin’s recent trajectory could significantly alter its valuation metrics in relation to Gold, heralding a new chapter in the asset’s history.
Hi Guys,
it's Big & Big #alert About $240 Million #Memecoins__ !!!
Trump Mocks ‘Boden’ Memecoin’s $240M Market Cap, BODEN Token Surges 25%
2024 US Presidential hopeful Donald Trump isn’t much interested in “Jeo Boden (BODEN)” memecoin, a joke crypto token mimicking the current President Joe Biden.
Former President Trump, answering to his fan questions, mocked the memecoin after hearing that the token reached $240 million market-cap.
“That’s a lot of money for a coin, I don’t like that investment,” he noted.
Trump Speaks on $BODEN at NFT Event
"That's a Lotta Money for a Coin, I Don't Like That Investment"
Audio Source: @realDannyNelson pic.twitter.com/8NcpuCc6ZI
His remarks came during a special Trump NFT event for holders held at his Mar-a-Lago resort in Florida on Wednesday.
Last month, Solana-based memecoins representing caricatures of Biden and Trump, posted massive gains, according to blockchain data from DexScreener.
Crypto tokens referring to a misspelling of both the candidates – “Jeo Boden” and “Doland Tremp” – went head-to-head with trading. At a point, “Jeo Boden” and “Doland Tremp” saw market capitalization of $473 million and $83 million, respectively.
Memecoins have received popularity on the Solana blockchain in recent times, thanks to its speed and low transaction costs.
SOL-based memecoins have a combined market capitalization of $7.31 billion at press time, per CoinGecko data.
The embattled former leader is also open to crypto donations for campaign. When asked by the mob, “Can we donate using crypto?” Trump noted, “If you can’t, I’ll make sure you can.”
BREAKING: DONALD TRUMP ASKED “CAN WE DONATE USING CRYPTO?”
“IF YOU CANT, I’LL MAKE SURE YOU
Boden memecoin Jumps 25%
Following Trump’s remarks, Boden memecoin saw a 25% raise in its price on Wednesday. After peaking $0.43, the price quickly fell to $0.366. The token is still up 15% and is trading at the same price at the time of writing.
#CryptoWatchMay2024 #BTC #Write2Earrn
it's Big & Big #alert About $240 Million #Memecoins__ !!!
Trump Mocks ‘Boden’ Memecoin’s $240M Market Cap, BODEN Token Surges 25%
2024 US Presidential hopeful Donald Trump isn’t much interested in “Jeo Boden (BODEN)” memecoin, a joke crypto token mimicking the current President Joe Biden.
Former President Trump, answering to his fan questions, mocked the memecoin after hearing that the token reached $240 million market-cap.
“That’s a lot of money for a coin, I don’t like that investment,” he noted.
Trump Speaks on $BODEN at NFT Event
"That's a Lotta Money for a Coin, I Don't Like That Investment"
Audio Source: @realDannyNelson pic.twitter.com/8NcpuCc6ZI
His remarks came during a special Trump NFT event for holders held at his Mar-a-Lago resort in Florida on Wednesday.
Last month, Solana-based memecoins representing caricatures of Biden and Trump, posted massive gains, according to blockchain data from DexScreener.
Crypto tokens referring to a misspelling of both the candidates – “Jeo Boden” and “Doland Tremp” – went head-to-head with trading. At a point, “Jeo Boden” and “Doland Tremp” saw market capitalization of $473 million and $83 million, respectively.
Memecoins have received popularity on the Solana blockchain in recent times, thanks to its speed and low transaction costs.
SOL-based memecoins have a combined market capitalization of $7.31 billion at press time, per CoinGecko data.
The embattled former leader is also open to crypto donations for campaign. When asked by the mob, “Can we donate using crypto?” Trump noted, “If you can’t, I’ll make sure you can.”
BREAKING: DONALD TRUMP ASKED “CAN WE DONATE USING CRYPTO?”
“IF YOU CANT, I’LL MAKE SURE YOU
Boden memecoin Jumps 25%
Following Trump’s remarks, Boden memecoin saw a 25% raise in its price on Wednesday. After peaking $0.43, the price quickly fell to $0.366. The token is still up 15% and is trading at the same price at the time of writing.
#CryptoWatchMay2024 #BTC #Write2Earrn
🚨 🚨 HIGH ALERT 🚨🚨
Coins at Risk of Delisting
Binance has recently updated its watchlist, indicating a higher probability of delisting for certain coins. The cryptocurrencies added to this list include $BAL, $CTXC, $CVP, $CVX, $DOCK, $HARD, $IRIS, $MBL, $POLS, $SNT, and $SUN. This move signals increased scrutiny and potential removal from the exchange.
In contrast, Binance has removed $MLN and $ZEN from the watchlist, suggesting a reduction in the risk of these coins being delisted. This update reflects the dynamic nature of Binance's monitoring and assessment of digital assets.
Investors holding any of the newly added watchlist coins should exercise caution and stay informed about the latest developments.
#alert #altcoins #CPIAlert #Write2Earn! #BinanceTournament
Coins at Risk of Delisting
Binance has recently updated its watchlist, indicating a higher probability of delisting for certain coins. The cryptocurrencies added to this list include $BAL, $CTXC, $CVP, $CVX, $DOCK, $HARD, $IRIS, $MBL, $POLS, $SNT, and $SUN. This move signals increased scrutiny and potential removal from the exchange.
In contrast, Binance has removed $MLN and $ZEN from the watchlist, suggesting a reduction in the risk of these coins being delisted. This update reflects the dynamic nature of Binance's monitoring and assessment of digital assets.
Investors holding any of the newly added watchlist coins should exercise caution and stay informed about the latest developments.
#alert #altcoins #CPIAlert #Write2Earn! #BinanceTournament