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🚀 $73,000,000 IN DAILY NET INFLOW for BITCOIN ETFs - BLACKROCK IN THE LEAD 🚀 Spot Bitcoin exchange-traded funds (ETFs) in the United States have experienced their fourth consecutive day of net inflows, with a significant $73.05 million added on Friday. Data from sosovalue.xyz highlights Blackrock’s IBIT as the frontrunner in this impressive streak. 📈 Spot Bitcoin ETFs Enjoy Four-Day Inflow Streak Friday was a notable day for the 11 spot Bitcoin ETFs, witnessing the best performance in the four-day series of gains. Blackrock’s IBIT led the charge, attracting $82 million in inflows, bringing its BTC reserves to a substantial 305,612.32 BTC. Ark Invest’s and 21shares’ fund, ARKB, followed with a $43 million intake, now holding 45,316 BTC. Despite the gains in IBIT and ARKB, other ETFs like BITB, BTCO, HODL, BRRR, EZBC, BTCW, and DEFI remained unchanged in their holdings. Conversely, Grayscale’s Bitcoin Trust (GBTC) experienced a $27 million loss, and Fidelity’s FBTC shed $25 million. GBTC currently holds 275,757.58 BTC in reserves, while FBTC’s holdings stand at 167,900.05 BTC. 💼 Cumulative Inflows and Trade Volume The cumulative total net inflow since January 11, 2024, has now reached an impressive $14.52 billion. Friday alone saw a trade volume of $1.31 billion, marking a significant improvement compared to the previous three days. Overall, the 11 spot Bitcoin ETFs have accumulated a total of $52.12 billion in BTC reserves to date. 🔍 This consistent inflow into spot Bitcoin ETFs indicates strong investor confidence and a growing interest in Bitcoin as a significant asset class. Stay tuned for more updates with @Mende ! #bitcoinetf #etf #Blackrock #btc #bitcoinnews $BTC $ETH $BNB {spot}(ETHUSDT) {spot}(BNBUSDT)
🚀 $73,000,000 IN DAILY NET INFLOW for BITCOIN ETFs - BLACKROCK IN THE LEAD 🚀

Spot Bitcoin exchange-traded funds (ETFs) in the United States have experienced their fourth consecutive day of net inflows, with a significant $73.05 million added on Friday. Data from sosovalue.xyz highlights Blackrock’s IBIT as the frontrunner in this impressive streak.

📈 Spot Bitcoin ETFs Enjoy Four-Day Inflow Streak

Friday was a notable day for the 11 spot Bitcoin ETFs, witnessing the best performance in the four-day series of gains. Blackrock’s IBIT led the charge, attracting $82 million in inflows, bringing its BTC reserves to a substantial 305,612.32 BTC. Ark Invest’s and 21shares’ fund, ARKB, followed with a $43 million intake, now holding 45,316 BTC.
Despite the gains in IBIT and ARKB, other ETFs like BITB, BTCO, HODL, BRRR, EZBC, BTCW, and DEFI remained unchanged in their holdings. Conversely, Grayscale’s Bitcoin Trust (GBTC) experienced a $27 million loss, and Fidelity’s FBTC shed $25 million. GBTC currently holds 275,757.58 BTC in reserves, while FBTC’s holdings stand at 167,900.05 BTC.

💼 Cumulative Inflows and Trade Volume

The cumulative total net inflow since January 11, 2024, has now reached an impressive $14.52 billion. Friday alone saw a trade volume of $1.31 billion, marking a significant improvement compared to the previous three days. Overall, the 11 spot Bitcoin ETFs have accumulated a total of $52.12 billion in BTC reserves to date.

🔍 This consistent inflow into spot Bitcoin ETFs indicates strong investor confidence and a growing interest in Bitcoin as a significant asset class.

Stay tuned for more updates with @Professor Mende - Founder of BONUZ Project - in Dubai UAE !

#bitcoinetf #etf #Blackrock #btc #bitcoinnews
$BTC $ETH $BNB
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🚨 BITCOIN ACTIVITY DROPS TO LOWEST LEVEL SINCE 2010 🚨 📉 Bitcoin wallet activities have dropped, reaching their lowest levels since November 2010, according to onchain data from IntoTheBlock. The lack of retail participation and the rise of celebrity memecoins are diverting speculators away from established cryptocurrencies like Bitcoin. Juan Pellicer, a senior researcher at IntoTheBlock, attributes this decline to weaker retail participation compared to past cycles. “This year’s run to a new all-time high was driven by institutional capital instead of retail investors,” Pellicer told Cointelegraph. He suggests that the broader economic situation may have led to fewer retail investments in crypto this year. 🐋 Whale Movements and Market Trends ⚖ The decrease in activity comes as investors prepare for increased whale movements, including the Mt. Gox trustee’s planned distributions to creditors in July. Larger holders, including some linked to governments, have also been observed selling off Bitcoin. 🔮 The Impact of Runes and Miners 🔗 Despite the introduction of Runes, a fungible token protocol aimed at providing an alternative revenue stream for miners, the activity has cooled off. While Runes initially boosted trading fees for miners on the halving day, transaction fees have since returned to pre-halving levels. Pellicer emphasizes that the lull in activity is likely temporary due to the cyclical nature of such assets. 💡 The Rise of Memecoins and Celebrity Tokens 🌟 Recent attention in the crypto space has shifted towards memecoins and celebrity tokens, which are attracting speculators seeking larger gains. Although Bitcoin is known for its volatility, its current state is relatively stable compared to the wild swings seen in lower cap memecoins. What do you think about this situation? Drop a comment below and stay updated with @Mende #celebritytoken #celebrities #bitcoin #marketanalysis #bitcoinnews $BTC  $ETH  $BNB
🚨 BITCOIN ACTIVITY DROPS TO LOWEST LEVEL SINCE 2010 🚨

📉 Bitcoin wallet activities have dropped, reaching their lowest levels since November 2010, according to onchain data from IntoTheBlock. The lack of retail participation and the rise of celebrity memecoins are diverting speculators away from established cryptocurrencies like Bitcoin.

Juan Pellicer, a senior researcher at IntoTheBlock, attributes this decline to weaker retail participation compared to past cycles. “This year’s run to a new all-time high was driven by institutional capital instead of retail investors,” Pellicer told Cointelegraph.
He suggests that the broader economic situation may have led to fewer retail investments in crypto this year.

🐋 Whale Movements and Market Trends

⚖ The decrease in activity comes as investors prepare for increased whale movements, including the Mt. Gox trustee’s planned distributions to creditors in July. Larger holders, including some linked to governments, have also been observed selling off Bitcoin.

🔮 The Impact of Runes and Miners

🔗 Despite the introduction of Runes, a fungible token protocol aimed at providing an alternative revenue stream for miners, the activity has cooled off. While Runes initially boosted trading fees for miners on the halving day, transaction fees have since returned to pre-halving levels.
Pellicer emphasizes that the lull in activity is likely temporary due to the cyclical nature of such assets.

💡 The Rise of Memecoins and Celebrity Tokens

🌟 Recent attention in the crypto space has shifted towards memecoins and celebrity tokens, which are attracting speculators seeking larger gains. Although Bitcoin is known for its volatility, its current state is relatively stable compared to the wild swings seen in lower cap memecoins.

What do you think about this situation?
Drop a comment below and stay updated with @Professor Mende - Founder of BONUZ Project - in Dubai UAE

#celebritytoken #celebrities #bitcoin #marketanalysis #bitcoinnews
$BTC  $ETH  $BNB
📉 IS NOW THE TIME TO BUY THE DIP? 📈 The Bitcoin Mayer Multiple, a classic BTC price indicator, has hit an eight-month low, suggesting a potential "buy the dip" opportunity. Bitcoin is currently trading around $61,000, yet the sentiment among holders is notably bearish due to a recent 17% dip. Despite the drop, the Mayer Multiple is showing signs that could indicate an impending recovery. The Mayer Multiple measures Bitcoin's price against its 200-day moving average. Historically, a reading below 2.4 has been considered a "buy" signal. On June 26, the Mayer Multiple hit 1.05, its lowest since October 2023, when Bitcoin was at $29,900. 📝 Analyst Perspective: Popular analyst On-Chain College highlighted this in a recent X (formerly Twitter) post, stating: “The Bitcoin Mayer Multiple is now at a level not seen since October 2023, despite price at $60.9K now vs. $29.9K back in October. 📉 Historical Context: It's important to note that while the Mayer Multiple hitting extreme lows can suggest a recovery, it doesn't always correspond immediately to price floors. For example, in mid-2022, the indicator bottomed at 0.47, but Bitcoin’s price didn't hit its lowest until four months later. Also, the Crypto Fear & Greed Index reflects heightened fear, challenging 2024 lows. However, Bitcoin's relative strength index (RSI) has also dipped into "oversold" territory, suggesting a potential rebound. 💡 Conclusion: With the Mayer Multiple and RSI both indicating potential bullish trends despite the current bearish sentiment, the market might be setting up for a rebound... ...BUT stay alert as the US and German governments unloaded HUNDREDS OF MILLIONS worth of bitcoin to various exchanges and may crash the market if they start selling off. There's 2 sides here, a bullish and a bearish one, yet nobody knows what's gonna happen next.... Stay informed with @Mende and drop a comment below! #btc #bitcoinprice #priceanalysis #BuytheDips #bitcoinnews $BTC  $ETH  $BNB
📉 IS NOW THE TIME TO BUY THE DIP? 📈

The Bitcoin Mayer Multiple, a classic BTC price indicator, has hit an eight-month low, suggesting a potential "buy the dip" opportunity.

Bitcoin is currently trading around $61,000, yet the sentiment among holders is notably bearish due to a recent 17% dip. Despite the drop, the Mayer Multiple is showing signs that could indicate an impending recovery.

The Mayer Multiple measures Bitcoin's price against its 200-day moving average. Historically, a reading below 2.4 has been considered a "buy" signal. On June 26, the Mayer Multiple hit 1.05, its lowest since October 2023, when Bitcoin was at $29,900.

📝 Analyst Perspective:
Popular analyst On-Chain College highlighted this in a recent X (formerly Twitter) post, stating:
“The Bitcoin Mayer Multiple is now at a level not seen since October 2023, despite price at $60.9K now vs. $29.9K back in October.

📉 Historical Context:
It's important to note that while the Mayer Multiple hitting extreme lows can suggest a recovery, it doesn't always correspond immediately to price floors. For example, in mid-2022, the indicator bottomed at 0.47, but Bitcoin’s price didn't hit its lowest until four months later.

Also, the Crypto Fear & Greed Index reflects heightened fear, challenging 2024 lows. However, Bitcoin's relative strength index (RSI) has also dipped into "oversold" territory, suggesting a potential rebound.

💡 Conclusion:

With the Mayer Multiple and RSI both indicating potential bullish trends despite the current bearish sentiment, the market might be setting up for a rebound...

...BUT stay alert as the US and German governments unloaded HUNDREDS OF MILLIONS worth of bitcoin to various exchanges and may crash the market if they start selling off.

There's 2 sides here, a bullish and a bearish one, yet nobody knows what's gonna happen next....

Stay informed with @Professor Mende - Founder of BONUZ Project - in Dubai UAE and drop a comment below!

#btc #bitcoinprice #priceanalysis #BuytheDips #bitcoinnews
$BTC  $ETH  $BNB
This post is for you if you are a cryptocurrency enthusiast! After every four years, Bitcoin halving takes place. Bitcoin halving means the supply of new Bitcoins is cut in half, making the supply short and the demand high, ultimately leading to an increase in price. This time, halving will occur in April 2024. With the increase in the price of Bitcoin, all cryptocurrency prices will rise alongside it. These price increases will start from April 2024 and continue until April 2025. This is commonly known as Bull Run in Crypto market Terminologies. So, this is the best time to enter the crypto market. Note: This post is for educational purposes only and not financial advice. Remember, before making any investment, do your own study and research. #bullrun #BitcoinHalwing #bitcoinnews
This post is for you if you are a cryptocurrency enthusiast!

After every four years, Bitcoin halving takes place. Bitcoin halving means the supply of new Bitcoins is cut in half, making the supply short and the demand high, ultimately leading to an increase in price. This time, halving will occur in April 2024. With the increase in the price of Bitcoin, all cryptocurrency prices will rise alongside it. These price increases will start from April 2024 and continue until April 2025. This is commonly known as Bull Run in Crypto market Terminologies. So, this is the best time to enter the crypto market.

Note: This post is for educational purposes only and not financial advice. Remember, before making any investment, do your own study and research.

#bullrun #BitcoinHalwing #bitcoinnews
**#bitcoinnews Potential Price Surge to $145,000 by 2025** The crypto market has always been a point of interest, and there's good news for investors. A recent macroeconomic analysis suggests that the price of Bitcoin could reach $145,000 by 2025. What makes this prediction intriguing? Let's delve into the key points. **Positive Economic Growth**: Recent economic data indicates stronger-than-expected economic growth, with Q3 GDP reaching 4.9%, surpassing expectations. **Crypto Catalysts**: Several catalysts, especially the approval of a Bitcoin ETF by the SEC and the upcoming Bitcoin halving in April 2024, can drive crypto prices. **Investment Advice**: The article advises investors to increase their crypto exposure to around 70-75% of their investment portfolio, with some reserves in USD to cushion against potential market downturns. **2025 Price Target**: The article also provides a price estimate for 2025, with Bitcoin expected to have a value between $110,000 and $145,000. Ethereum and Solana are also expected to experience significant price increases. However, it's crucial to remember that crypto investments come with risks. Investment decisions should always be made after careful consideration and research. Happy investing!
**#bitcoinnews Potential Price Surge to $145,000 by 2025**

The crypto market has always been a point of interest, and there's good news for investors. A recent macroeconomic analysis suggests that the price of Bitcoin could reach $145,000 by 2025. What makes this prediction intriguing? Let's delve into the key points.

**Positive Economic Growth**: Recent economic data indicates stronger-than-expected economic growth, with Q3 GDP reaching 4.9%, surpassing expectations.

**Crypto Catalysts**: Several catalysts, especially the approval of a Bitcoin ETF by the SEC and the upcoming Bitcoin halving in April 2024, can drive crypto prices.

**Investment Advice**: The article advises investors to increase their crypto exposure to around 70-75% of their investment portfolio, with some reserves in USD to cushion against potential market downturns.

**2025 Price Target**: The article also provides a price estimate for 2025, with Bitcoin expected to have a value between $110,000 and $145,000. Ethereum and Solana are also expected to experience significant price increases.

However, it's crucial to remember that crypto investments come with risks. Investment decisions should always be made after careful consideration and research. Happy investing!
🇷🇺 Russia surpassed Kazakhstan to become the second-largest bitcoin mining power by generating 1 gigawatt of mining power in the first quarter of 2023. #bitcoinnews
🇷🇺 Russia surpassed Kazakhstan to become the second-largest bitcoin mining power by generating 1 gigawatt of mining power in the first quarter of 2023.

#bitcoinnews
Spot XRP ETF Approval Wouldn't Be Easy as Spot Bitcoin ETFApproval of Spot XRP ETF Seems To Be Challenging On January 10, the Securities and Exchange Commission (SEC) granted approval for all 11 spot Bitcoin Exchange-Traded Funds (ETFs), leading to increased speculation about the potential approval of other cryptocurrency spot ETFs. There is growing anticipation that Ethereum and XRP ETFs might also receive approval in the near future. Recent reports suggest that approval for these cryptocurrency ETFs could materialize by April 2024. However, experts caution that not all cryptocurrency ETFs may necessarily receive regulatory approval. Challenges for XRP ETF Approval Amid Ripple-SEC Legal Battle According to Coingabbar, while approval for a spot Ethereum ETF seems likely, obtaining approval for a spot XRP ETF is considered quite challenging. This difficulty is attributed to the ongoing legal dispute between Ripple and the SEC. The partial victory secured by Ripple in July, where the court ruled that XRP is not a security if not sold to institutional buyers, has implications for the ongoing case. The trial is scheduled for April 23. Ripple’s CEO, Brad Garlinghouse, expresses optimism about the approval of spot XRP ETFs following the SEC’s recent approval of all 11 spot Bitcoin ETFs. Garlinghouse is confident that the SEC will grant approval for spot XRP ETFs in the coming days. Spot Ethereum ETF Approval Expected, Ripple CEO Foresees Next Cryptocurrency ETF Garlinghouse not only holds optimism for XRP but also believes that a spot Ethereum ETF will be the next cryptocurrency ETF to receive approval after #Bitcoin ($BTC). The SEC’s approval of spot Bitcoin ETFs is seen as a crucial regulatory validation for the cryptocurrency market. It instills confidence in investors and paints a promising future for the overall cryptocurrency market. Visit: CoinGabbar #BTCETF #bitcoinnews #cryptocurrency

Spot XRP ETF Approval Wouldn't Be Easy as Spot Bitcoin ETF

Approval of Spot XRP ETF Seems To Be Challenging
On January 10, the Securities and Exchange Commission (SEC) granted approval for all 11 spot Bitcoin Exchange-Traded Funds (ETFs), leading to increased speculation about the potential approval of other cryptocurrency spot ETFs. There is growing anticipation that Ethereum and XRP ETFs might also receive approval in the near future.
Recent reports suggest that approval for these cryptocurrency ETFs could materialize by April 2024. However, experts caution that not all cryptocurrency ETFs may necessarily receive regulatory approval.
Challenges for XRP ETF Approval Amid Ripple-SEC Legal Battle
According to Coingabbar, while approval for a spot Ethereum ETF seems likely, obtaining approval for a spot XRP ETF is considered quite challenging. This difficulty is attributed to the ongoing legal dispute between Ripple and the SEC.
The partial victory secured by Ripple in July, where the court ruled that XRP is not a security if not sold to institutional buyers, has implications for the ongoing case. The trial is scheduled for April 23.
Ripple’s CEO, Brad Garlinghouse, expresses optimism about the approval of spot XRP ETFs following the SEC’s recent approval of all 11 spot Bitcoin ETFs. Garlinghouse is confident that the SEC will grant approval for spot XRP ETFs in the coming days.
Spot Ethereum ETF Approval Expected, Ripple CEO Foresees Next Cryptocurrency ETF
Garlinghouse not only holds optimism for XRP but also believes that a spot Ethereum ETF will be the next cryptocurrency ETF to receive approval after #Bitcoin ($BTC).
The SEC’s approval of spot Bitcoin ETFs is seen as a crucial regulatory validation for the cryptocurrency market. It instills confidence in investors and paints a promising future for the overall cryptocurrency market.
Visit: CoinGabbar

#BTCETF #bitcoinnews #cryptocurrency
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📈 #Bitcoin starts the new week with optimism as traders greet the first green weekly candle in over a month. $BTC price strength appears to be gradually improving after a weak August and start of September, with BTC/USD climbing toward $27,000 #trading #bitcoinnews
📈 #Bitcoin starts the new week with optimism as traders greet the first green weekly candle in over a month.

$BTC price strength appears to be gradually improving after a weak August and start of September, with BTC/USD climbing toward $27,000

#trading #bitcoinnews
Persetujuan ETF Bitcoin Spot SEC Tampak Seperti 'Kesepakatan Selesai' di bulan Januari, Kata Bernstein. Bernstein Research, anak perusahaan dari perusahaan manajemen aset global Alliancebernstein, mengharapkan Komisi Sekuritas dan Bursa AS (SEC) untuk menyetujui dana yang diperdagangkan di bursa bitcoin (ETF) spot pertamanya pada Januari tahun depan. Sebuah memo dari Bernstein Research yang dikirim ke Thestreetcrypto berbunyi: "ETF bitcoin pada awal Januari sekarang tampak seperti 'kesepakatan selesai'." Memo tersebut menjelaskan bahwa pasar sedang menunggu untuk melihat apakah SEC akan “ mengajukan banding terhadap putusan Grayscale.” Manajer aset kripto terbesar, Grayscale Investments, sedang berupaya mengubah kepercayaan bitcoin (GBTC) menjadi ETF bitcoin spot. SEC awalnya menolak permohonan tersebut tetapi pengadilan kemudian memenangkan perusahaan kripto tersebut dan memerintahkan regulator sekuritas untuk mengevaluasi kembali permohonannya. “Sekarang SEC telah memilih untuk tidak mengajukan banding , dan sebenarnya, telah secara aktif menanggapi dengan suntingan/komentar pada aplikasi ETF, kemungkinan besar persetujuan akan jatuh tempo pada 10 Januari,” rincian memo Bernstein Research. Menurut Ketua SEC Gary Gensler, pengawas sekuritas sedang mempertimbangkan delapan hingga 10 aplikasi ETF bitcoin spot . Berdasarkan catatan publik, ada 12 aplikasi ETF bitcoin spot yang menunggu peninjauan di SEC, termasuk aplikasi Grayscale untuk menyamarkan GBTC menjadi ETF bitcoin spot. Pelamar lainnya termasuk Manajemen Investasi ARK Cathie Wood, Blackrock, Bitwise, Wisdomtree, Fidelity, Vaneck, dan Invesco. Delapan permohonan memiliki kemungkinan tanggal peninjauan terakhir pada kuartal pertama tahun depan, dan tiga permohonan memiliki tanggal peninjauan terbaru pada kuartal kedua. Beberapa analis, termasuk di JPMorgan , mengharapkan SEC untuk menyetujui beberapa ETF bitcoin sekaligus. Pekan lalu, harga bitcoin melonjak di tengah spekulasi bahwa Blackrock , manajer aset terbesar di dunia, akan segera meluncurkan ETF bitcoin #bitcoinnews #bitcoin #ETF
Persetujuan ETF Bitcoin Spot SEC Tampak Seperti 'Kesepakatan Selesai' di bulan Januari, Kata Bernstein.

Bernstein Research, anak perusahaan dari perusahaan manajemen aset global Alliancebernstein, mengharapkan Komisi Sekuritas dan Bursa AS (SEC) untuk menyetujui dana yang diperdagangkan di bursa bitcoin (ETF) spot pertamanya pada Januari tahun depan. Sebuah memo dari Bernstein Research yang dikirim ke Thestreetcrypto berbunyi:

"ETF bitcoin pada awal Januari sekarang tampak seperti 'kesepakatan selesai'."

Memo tersebut menjelaskan bahwa pasar sedang menunggu untuk melihat apakah SEC akan “ mengajukan banding terhadap putusan Grayscale.” Manajer aset kripto terbesar, Grayscale Investments, sedang berupaya mengubah kepercayaan bitcoin (GBTC) menjadi ETF bitcoin spot. SEC awalnya menolak permohonan tersebut tetapi pengadilan kemudian memenangkan perusahaan kripto tersebut dan memerintahkan regulator sekuritas untuk mengevaluasi kembali permohonannya.

“Sekarang SEC telah memilih untuk tidak mengajukan banding , dan sebenarnya, telah secara aktif menanggapi dengan suntingan/komentar pada aplikasi ETF, kemungkinan besar persetujuan akan jatuh tempo pada 10 Januari,” rincian memo Bernstein Research.

Menurut Ketua SEC Gary Gensler, pengawas sekuritas sedang mempertimbangkan delapan hingga 10 aplikasi ETF bitcoin spot . Berdasarkan catatan publik, ada 12 aplikasi ETF bitcoin spot yang menunggu peninjauan di SEC, termasuk aplikasi Grayscale untuk menyamarkan GBTC menjadi ETF bitcoin spot.

Pelamar lainnya termasuk Manajemen Investasi ARK Cathie Wood, Blackrock, Bitwise, Wisdomtree, Fidelity, Vaneck, dan Invesco. Delapan permohonan memiliki kemungkinan tanggal peninjauan terakhir pada kuartal pertama tahun depan, dan tiga permohonan memiliki tanggal peninjauan terbaru pada kuartal kedua.

Beberapa analis, termasuk di JPMorgan , mengharapkan SEC untuk menyetujui beberapa ETF bitcoin sekaligus. Pekan lalu, harga bitcoin melonjak di tengah spekulasi bahwa Blackrock , manajer aset terbesar di dunia, akan segera meluncurkan ETF bitcoin

#bitcoinnews #bitcoin #ETF
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