Hong Kong Embraces Crypto: Bitcoin & Ethereum ETFs Get Greenlight!
Crypto is booming again, and Hong Kong is leading the charge! This week started strong with Bitcoin surging past $66,000, fueled by HUGE news from Hong Kong. They just approved the first-ever spot Bitcoin and Ethereum ETFs, opening the door for wider crypto adoption. What's an ETF? Think of it like a basket of investments, but for crypto! This makes it easier for people to invest in Bitcoin and Ethereum without the hassle of directly buying and storing them. Why is this a big deal? This move by Hong Kong positions them as a major crypto hub in Asia, putting them in competition with Singapore and Dubai. It also shows growing mainstream acceptance of cryptocurrencies. The news sparked a market-wide rally! Bitcoin jumped over 3%, Ethereum soared almost 6%, and other altcoins like Solana are also on the rise. This is a great time to be in crypto! Stay tuned for more updates on this exciting development.
Charles Hoskinson Celebrates Cardano's (ADA) Insane Blockchain Performance.
Cardano (ADA) Rocks the Blockchain with Supercharged Performance! Cardano, known for its cutting-edge EUTXO model, just crushed another milestone! After the Alonzo upgrade unleashed smart contracts and multi-assets, they flexed their muscles by processing a whopping eight transactions in one block, serving a massive 1,600 recipients. But get this - the fees for all these transactions? A tiny 5.16 ADA (around $2.38)! Talk about cheap and efficient! No wonder Charles Hoskinson, the mastermind behind Cardano, is celebrating. He acknowledges this achievement as a sign of Cardano's steady progress. This isn't just a lucky break. The EUTXO model allows Cardano to handle complex transactions with speed and reliability, making it a dream for developers. Cardano's mission? To be the eco-friendly blockchain platform that's powerful, affordable, and works seamlessly with others. With their focus on scalability, security, and interoperability, Cardano (ADA) is setting the bar high for the entire blockchain and DeFi space. This achievement is a huge win for the Cardano team and a sign of even greater things to come! $ADA #ADABullish #bitcoinhalving #BullorBear #HotTrends
Will Celestia (TIA) fight back? – brief price prediction (note: the post contains information by CCN) TIA, the Celestia blockchain's local token, has seen a brief downtick, bringing the cost down by 10%. The downsurge took put in the midst of the strong bullish assumption that TIA has been encountering since February. But will Celestia oversee to bounce back? To begin with, CoinCodex had a short-term Celestia cost forecast that said the token would drop to $21.21 on Walk 16 some time recently recuperating to some degree to reach $53.39 on April 10. The site's specialized examination was bearish, with five pointers sending bullish signals and 15 making disheartening ones. At the same time, DigitalCoinPrice said that TIA may reach $22.81 this year. Bitnation claimed the token may be worth $28.96 at that time. PricePrediction.net contended it would be worth $14.36 in 2024. Since it entered the showcase at $2 on November 1, 2023, TIA has displayed a relentless climb, coming to $21 by February 10 Be that as it may, after this a slant move happened. On April 13 TIA fell to $7.40, coming about in a 65crease since its all-time tall. Looking ahead, two scenarios are conceivable. We seem see the begin of a another major uptrend. In any case, since the cost is still in its plummeting channel, the cost drop might proceed encourage. This slipping channel can be its to begin with bull cycle redress in a bullish situation and the primary sign of affirmation would come as a breakout from its resistance level. On the off chance that that happens TIA may well be on the way of accomplishing a unused all-time tall in its following progression. But ought to we see a dismissal taking after a bigger drop, TIA seem proceed diminishing to $5 at its to begin with potential target. #bitcoinhalvingn #BullorBearn #TIA🔥🔥🔥 #celestia
Crucial Warning to SHIB Army Made by Shiba Inu Team.
The official marketing expert of the Shiba Inu team, Lucie, has taken to the X/Twitter social media platform to give a major warning to the whole SHIB community.
This warning is about the right way to choose projects in which to invest one's hard-earned funds.
Besides, the marketing lead shared a few tips for new projects to start building on Shibarium in the best possible manner.
Lucie's warning to SHIB community.
The SHIB team member made a statement to warn the Shiba Inu community against investing in certain projects; she likely meant ones that are (being) built on layer-2 blockchain Shibarium.
Lucie believes that not all projects go down because they are rug pulled. Some of them, she clarified, have suffered from bad management strategies or simply were unable to grow high enough.
The marketing lead of SHIB stressed the importance of being wise while choosing projects to invest in since "even the best can get their fingers burned." She admitted that the most important for her is that Shiba Inu and all other tokens, including those made by the SHIB team to be utilized on Shibarium, are second to the second largest meme cryptocurrency.
Guidance for new projects on Shibarium.
In another of her recent tweets, Lucie shared a list of necessary actions for new projects on Shibarium to get off to a good start. She warned that new projects do not need "anyone's endorsement to make a mark." All they need is a correct strategy of positioning themselves and engaging with their community.
First of all, Lucie tweeted, it is vitally important to present the project's roadmap and show a clear outline of what goals are expected to be achieved and how they are going to be accomplished. The second recommendation is to engage with the community on all major social media platforms, such as Telegram and Discord. It is also important, Lucie noted, to be respectful of the community and to stay active and informed on social media and various other communication channels.
#BTC🔥🔥🔥🔥🔥🔥 I have come to a sudden realization of something of utmost significance:
The cycle 14 days prior to the Halving in 2024 is remarkably similar to 99% of the cycle observed in 2020 (refer to the photo below for visual evidence).
Considering that BTC reached its all-time high (ATH) before the Halving in 2024, and if we assume that 2024 follows the same pattern as 2020 but occurs two weeks earlier, it can be inferred that we have indeed entered the Bullrun and are on track to reach 85k before the Halving.
To clarify, the circumstances are nearly identical, with the only difference being a slight advancement of approximately two weeks.
$BTC UPDATE The breakout at 70,500 levels was not genuine. The next scenario involves testing the triangle’s bottom at 66,500 level, leading to a new breakout aiming for 85,000. Another possibility is breaking the triangle, resulting in a swift correction to levels of 52,000 - 56,000, then rising to 90,000. The most anticipated event in crypto history, the Bitcoin halving, is expected within 9 days. To summarize, our current targets are 85,000 initially, followed by 120,000, and then 140,000. Make sure to set your target and purchase your coins wisely. #BTC🔥🔥🔥🔥🔥🔥 #BinanceLaunchPool🔥 #hottrend
😱🦈 The Bitcoin Whale That Has Been Dormant for a Decade Has Finally Woken Up!
A wallet belonging to a whale, holding 1701 Bitcoins valued at $118 million, has recently shown signs of activity after ten years of inactivity. The wallet, which had not been touched since 2013, received 4272 BTC at an average price of $29.3 when Bitcoin was priced at around $125. With the current price of Bitcoin surpassing $70,000, the whale has made a remarkable profit of approximately 240,000%.
Recent movements from old wallets indicate a shift towards transferring assets to new, more secure wallets rather than exchanges. This suggests a strategic decision by whales to protect their holdings rather than selling them immediately.
Furthermore, Lookonchain has reported that another whale has been accumulating Bitcoin since March 6, acquiring around $90 million worth of BTC at an average price of $68,000. This accumulation indicates a sustained bullish sentiment and significant investment activity in the market. #HalvingHorizons $BTC
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$SOL UPDATE 168 low is wiped out. Trade idea I stated in the series of my previous posts is failed. I would advise do not enter any positions for now. In case of pump we are looking for short positions, in case of dump we are looking for long positions. I'm still inclined to think that everything what is happening now is pure manipulation before move up. Which way market will go? Well, I do not know for sure. I will review an analysis, in case I find something that I missed I'll get back to you to explain.
$ETH Ethereum Price Update: Correction or Crash? Ethereum's price has been on a rollercoaster lately! After reaching a high of around $4,000, it's been experiencing a correction. Right now, it's consolidating between $3,000 and $3,600.There have been attempts to break above $3,600 but no luck so far. What's next? Experts are divided. If the price falls below $3,000, it could potentially crash further, down to around $2,400.But, if it rebounds from $3,000, it could climb back to $3,600 or even higher. Short-term outlook seems bearish: Looking at the 4-hour chart, the price action is choppy. Several attempts to break above $3,600 have failed. The trend suggests lower highs and lows, indicating a potential drop. #ETH🔥🔥🔥 #Write2Erarn
Polygon (MATIC) Could Experience Bullish Breakout, Says Top Investigator Binance News 39m ・ 1.2k perspectives As per U.Today, top market examiner Ali Martinez has distinguished Polygon (MATIC) as a likely contender for a bullish breakout. Martinez recommends that MATIC can possibly reach as high as $1 in the close to term. The TD Successive pointer on the Polygon-USD day to day outline presents a purchase request, demonstrating a potential pattern change. This comes after the digital money encountered a critical drawdown because of more than seven days of sell-offs. At the hour of the report, MATIC's cost was $0.8675, a diminishing of 3.57% in the beyond 24 hours. The negative drawdown in Polygon is a supported one, reaching out throughout recent days. After a somewhat bullish solidification from Walk 31 to April 1, MATIC saw a sharp downfall from a week by week high of $1.005 to its ongoing low. That's what martinez predicts in the event that MATIC can keep a cost above $0.87, it might build up sufficient speed to push it back over the $1 obstruction. Polygon is a prevailing Ethereum L2 chain and is the biggest by market capitalization. It has earned critical respect as one of the most evolved L2s on the Ethereum mainnet. Known for its joint efforts with other blockchain elements, Polygon has a powerful biological system that supports interest for MATIC. This pattern might actually assist it with breaking liberated from the negative pattern in the more extensive market. The possible update of MATIC to POL is another positive variable that could help the symbolic's cost in the long haul.