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🚀 Analysts from CryptoQuant.com forecast a #BullishForecast for $BTC predicting potential highs of up to $160,000 by #2024 Key factors include: 🔸 The market valuation cycle 🔸 Network activity 🔸 The #Bitcoinhalving 🔸 The macroeconomic perspective 🔸 Bitcoin spot #ETFs approval 🔸 Growing #Stablecoins liquidity

🚀 Analysts from CryptoQuant.com forecast a #BullishForecast for $BTC predicting potential highs of up to $160,000 by #2024

Key factors include:

🔸 The market valuation cycle

🔸 Network activity

🔸 The #Bitcoinhalving

🔸 The macroeconomic perspective

🔸 Bitcoin spot #ETFs approval

🔸 Growing #Stablecoins liquidity

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Institutional holdings of #memecoins have surged to 300M since January, led by $DOGE , $SHIB and $PEPE #Binancefeed #TrendingTopic
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Institutional investors' interest in #memecoins has surged by 300% in 2024, according to a ByBit report. The most popular investments include Dogecoin $DOGE, Shiba Inu $SHIB, $PEPE, and $BONK Institutional investors allocated significant portions of their portfolios to these coins, particularly $DOGE and $SHIB , due to their liquidity and stability. The report highlights a strong preference for Ethereum-based memecoins among both individual and institutional investors. #EthereumMemecoin #TrendingTopic
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A Chinese student, Yang Qichao, has been sentenced to 4 years and 6 months in prison and fined 30,000 yuan ($41,000) for issuing a fraudulent cryptocurrency, BFF, on Binance's BNB Chain. This marks China's first criminal trial involving #cryptocurrency issuance. Yang was accused of injecting and then withdrawing liquidity from $BFF, causing its value to plummet and leading to significant losses for investors. The trial highlighted the complexities surrounding the legal status of virtual currencies in China. #BFF #Binance #Cryptoscam #TrendingTopic
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