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@Muhammad-Saqib
Hi binancians I'm a crypto trader and analyst
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Binance Market Update (2024-05-19)
The global cryptocurrency market cap now stands at $2.43T, up by 1.51% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $66,600 and $67,400 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $66,990, down by -0.04%.
Most major cryptocurrencies by market cap are trading lower. Market outperformers include TRB, BONK, and PHA, up by 15%, 13%, and 10%, respectively.
Top stories of the day:
Bitcoin Soars To A Month-High, Altcoins Follow Suit
Solana Emerges As World's Fastest Blockchain, Surpassing Ethereum and Bitcoin
Ripple's Q1 Report Highlights Significant Growth in XRP Ledger Ecosystem
Bitcoin Spot ETFs Outperform Top 14 ETFs in Terms of Assets
Suspected Pump.Fun Attacker Arrested And Detained In London
Shiba Inu Experiences Market Rebound Amid Bitcoin's Rise
Weekly Crypto Analysis: Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot
Bitcoin and Gold Share Common Driving Factors, Says Messari Co-Founder
Cryptocurrency Financing Skyrockets in Q1 2024, Startups Raise $2.4 Billion
Grayscale GBTC's Bitcoin Holdings Decrease While Blackrock IBIT's Increase
Market movers:
ETH: $3100.7 (-0.38%)
BNB: $578.9 (-0.16%)
SOL: $172.2 (-0.78%)
XRP: $0.5191 (-0.94%)
DOGE: $0.15233 (-1.82%)
ADA: $0.4747 (-1.56%)
SHIB: $0.00002455 (-1.48%)
AVAX: $36.59 (-1.72%)
TRX: $0.12206 (-1.83%)
WBTC: $67017.37 (-0.01%)
Top gainers on Binance:
TRB/USDT (+15%)
BONK/USDT (+13%)
PHA/USDT (+10%)
The global cryptocurrency market cap now stands at $2.43T, up by 1.51% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $66,600 and $67,400 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $66,990, down by -0.04%.
Most major cryptocurrencies by market cap are trading lower. Market outperformers include TRB, BONK, and PHA, up by 15%, 13%, and 10%, respectively.
Top stories of the day:
Bitcoin Soars To A Month-High, Altcoins Follow Suit
Solana Emerges As World's Fastest Blockchain, Surpassing Ethereum and Bitcoin
Ripple's Q1 Report Highlights Significant Growth in XRP Ledger Ecosystem
Bitcoin Spot ETFs Outperform Top 14 ETFs in Terms of Assets
Suspected Pump.Fun Attacker Arrested And Detained In London
Shiba Inu Experiences Market Rebound Amid Bitcoin's Rise
Weekly Crypto Analysis: Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot
Bitcoin and Gold Share Common Driving Factors, Says Messari Co-Founder
Cryptocurrency Financing Skyrockets in Q1 2024, Startups Raise $2.4 Billion
Grayscale GBTC's Bitcoin Holdings Decrease While Blackrock IBIT's Increase
Market movers:
ETH: $3100.7 (-0.38%)
BNB: $578.9 (-0.16%)
SOL: $172.2 (-0.78%)
XRP: $0.5191 (-0.94%)
DOGE: $0.15233 (-1.82%)
ADA: $0.4747 (-1.56%)
SHIB: $0.00002455 (-1.48%)
AVAX: $36.59 (-1.72%)
TRX: $0.12206 (-1.83%)
WBTC: $67017.37 (-0.01%)
Top gainers on Binance:
TRB/USDT (+15%)
BONK/USDT (+13%)
PHA/USDT (+10%)
$BTC
According to Arkham Intelligence:-
Someone accidentally sent 90% of their BTC holdings to Satoshi Nakamoto last night.
They were attempting to sacrifice an ordinal for @PupsToken, but accidentally sent almost their entire wallet balance as well - around $7K in BTC.
Stay safe.
Track Satoshi on Arkham:
According to Arkham Intelligence:-
Someone accidentally sent 90% of their BTC holdings to Satoshi Nakamoto last night.
They were attempting to sacrifice an ordinal for @PupsToken, but accidentally sent almost their entire wallet balance as well - around $7K in BTC.
Stay safe.
Track Satoshi on Arkham:
$ETH
According to Binance news:-
"Vitalik Expresses Pride in Ethereum's Culture of Open Discourse"
According to Odaily, Vitalik, a prominent figure in the cryptocurrency world, recently shared his thoughts on a platform known as X. He expressed his pride in Ethereum's culture, which does not attempt to suppress people's opinions, even when they harbor negative sentiments about significant aspects of the protocol or ecosystem. Vitalik noted that while some people merely use the ideal of 'open discourse' as a banner, others take it seriously.
Vitalik's comments highlight the importance of open dialogue within the Ethereum community. This culture of open discourse allows for a diversity of opinions and ideas, fostering innovation and growth within the ecosystem. It also encourages transparency and accountability, as community members are free to voice their concerns and criticisms.
This ethos of open dialogue is not just a token gesture, but a deeply ingrained part of Ethereum's culture, according to Vitalik. He emphasized that it is taken seriously by many within the community, further reinforcing the importance of free speech and open communication within the Ethereum ecosystem.
According to Binance news:-
"Vitalik Expresses Pride in Ethereum's Culture of Open Discourse"
According to Odaily, Vitalik, a prominent figure in the cryptocurrency world, recently shared his thoughts on a platform known as X. He expressed his pride in Ethereum's culture, which does not attempt to suppress people's opinions, even when they harbor negative sentiments about significant aspects of the protocol or ecosystem. Vitalik noted that while some people merely use the ideal of 'open discourse' as a banner, others take it seriously.
Vitalik's comments highlight the importance of open dialogue within the Ethereum community. This culture of open discourse allows for a diversity of opinions and ideas, fostering innovation and growth within the ecosystem. It also encourages transparency and accountability, as community members are free to voice their concerns and criticisms.
This ethos of open dialogue is not just a token gesture, but a deeply ingrained part of Ethereum's culture, according to Vitalik. He emphasized that it is taken seriously by many within the community, further reinforcing the importance of free speech and open communication within the Ethereum ecosystem.
#ETFvsBTC
Buying Bitcoin directly is batter than ETF because ETFS need high fees to buy and you have no control on your assets while buying bitcoin directly from exchange and storing it in a safe wallet in much batter.
Buying Bitcoin directly is batter than ETF because ETFS need high fees to buy and you have no control on your assets while buying bitcoin directly from exchange and storing it in a safe wallet in much batter.
Here is a detailed differences between Buying Bitcoin directly and buying a bitcoin ETF
#ETFvsBTC
#ETFvsBTC
LIVEFuture of crypto
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#ETFvsBTC #BTC #ETFvsBTC
BITCOIN ETFs vs. Direct Investment in BITCOIN
Investing in crypto ETFs and directly buying crypto provide exposure to cryptocurrency. However, there are many differences between the two.
For many investors, the simplicity of using crypto ETFs will offset its drawbacks, such as higher fees and less control. It’s a significant advantage to buy and sell crypto ETFs like any other fund and hold them in the same brokerage account as your other investments.
However, crypto enthusiasts likely prefer to buy crypto directly. Many coins can be divided into tenths, hundredths, thousandths, or even more granularly, allowing direct investors to buy or sell precisely the amount of each coin they select. Direct investment also has lower costs and the ability to trade at all hours of the day.
*Is it better to buy BTC or BTC ETF?
If long-term price performance is your only investment goal, then the new Bitcoin ETFs make a lot of sense. However, you could prefer direct-asset ownership of Bitcoin if you are concerned about the regulatory or legal aspects of crypto.
*What are the risks associated with bitcoin ETFs?
Key Risks to Consider
Extreme Volatility: Bitcoin is notorious for its substantial price fluctuations, making ETFs that track its price inherently high-risk investments.
Pros and Cons of Crypto ETFs
Pros
• Provides easy exposure to crypto markets without having to learn about wallet setup or other complexities of blockchain technology.
• There is no need for the investor to hold cryptocurrency directly, meaning less exposure to hacking risk or loss.
• Professional fund management in a space that moves quickly and comes with many complexities.
Cons
• Fees tend to be higher than other ETFs.
• Investors do not own the cryptocurrency directly, and they must defer to the fund's management strategy.
• Unlike cryptocurrencies, ETFs can only be traded during market hours.
• Crypto markets on which the ETFs are based still largely unregulated.
#ETFvsBTC
BITCOIN ETFs vs. Direct Investment in BITCOIN
Investing in crypto ETFs and directly buying crypto provide exposure to cryptocurrency. However, there are many differences between the two.
For many investors, the simplicity of using crypto ETFs will offset its drawbacks, such as higher fees and less control. It’s a significant advantage to buy and sell crypto ETFs like any other fund and hold them in the same brokerage account as your other investments.
However, crypto enthusiasts likely prefer to buy crypto directly. Many coins can be divided into tenths, hundredths, thousandths, or even more granularly, allowing direct investors to buy or sell precisely the amount of each coin they select. Direct investment also has lower costs and the ability to trade at all hours of the day.
*Is it better to buy BTC or BTC ETF?
If long-term price performance is your only investment goal, then the new Bitcoin ETFs make a lot of sense. However, you could prefer direct-asset ownership of Bitcoin if you are concerned about the regulatory or legal aspects of crypto.
*What are the risks associated with bitcoin ETFs?
Key Risks to Consider
Extreme Volatility: Bitcoin is notorious for its substantial price fluctuations, making ETFs that track its price inherently high-risk investments.
Pros and Cons of Crypto ETFs
Pros
• Provides easy exposure to crypto markets without having to learn about wallet setup or other complexities of blockchain technology.
• There is no need for the investor to hold cryptocurrency directly, meaning less exposure to hacking risk or loss.
• Professional fund management in a space that moves quickly and comes with many complexities.
Cons
• Fees tend to be higher than other ETFs.
• Investors do not own the cryptocurrency directly, and they must defer to the fund's management strategy.
• Unlike cryptocurrencies, ETFs can only be traded during market hours.
• Crypto markets on which the ETFs are based still largely unregulated.
#ETFvsBTC
#ETFvsBTC #BTC #ETFvsBTC
BITCOIN ETFs vs. Direct Investment in BITCOIN
Investing in crypto ETFs and directly buying crypto provide exposure to cryptocurrency. However, there are many differences between the two.
For many investors, the simplicity of using crypto ETFs will offset its drawbacks, such as higher fees and less control. It’s a significant advantage to buy and sell crypto ETFs like any other fund and hold them in the same brokerage account as your other investments.
However, crypto enthusiasts likely prefer to buy crypto directly. Many coins can be divided into tenths, hundredths, thousandths, or even more granularly, allowing direct investors to buy or sell precisely the amount of each coin they select. Direct investment also has lower costs and the ability to trade at all hours of the day.
*Is it better to buy BTC or BTC ETF?
If long-term price performance is your only investment goal, then the new Bitcoin ETFs make a lot of sense. However, you could prefer direct-asset ownership of Bitcoin if you are concerned about the regulatory or legal aspects of crypto.
*What are the risks associated with bitcoin ETFs?
Key Risks to Consider
Extreme Volatility: Bitcoin is notorious for its substantial price fluctuations, making ETFs that track its price inherently high-risk investments.
Pros and Cons of Crypto ETFs
Pros
• Provides easy exposure to crypto markets without having to learn about wallet setup or other complexities of blockchain technology.
• There is no need for the investor to hold cryptocurrency directly, meaning less exposure to hacking risk or loss.
• Professional fund management in a space that moves quickly and comes with many complexities.
Cons
• Fees tend to be higher than other ETFs.
• Investors do not own the cryptocurrency directly, and they must defer to the fund's management strategy.
• Unlike cryptocurrencies, ETFs can only be traded during market hours.
• Crypto markets on which the ETFs are based still largely unregulated.
#ETFvsBTC
BITCOIN ETFs vs. Direct Investment in BITCOIN
Investing in crypto ETFs and directly buying crypto provide exposure to cryptocurrency. However, there are many differences between the two.
For many investors, the simplicity of using crypto ETFs will offset its drawbacks, such as higher fees and less control. It’s a significant advantage to buy and sell crypto ETFs like any other fund and hold them in the same brokerage account as your other investments.
However, crypto enthusiasts likely prefer to buy crypto directly. Many coins can be divided into tenths, hundredths, thousandths, or even more granularly, allowing direct investors to buy or sell precisely the amount of each coin they select. Direct investment also has lower costs and the ability to trade at all hours of the day.
*Is it better to buy BTC or BTC ETF?
If long-term price performance is your only investment goal, then the new Bitcoin ETFs make a lot of sense. However, you could prefer direct-asset ownership of Bitcoin if you are concerned about the regulatory or legal aspects of crypto.
*What are the risks associated with bitcoin ETFs?
Key Risks to Consider
Extreme Volatility: Bitcoin is notorious for its substantial price fluctuations, making ETFs that track its price inherently high-risk investments.
Pros and Cons of Crypto ETFs
Pros
• Provides easy exposure to crypto markets without having to learn about wallet setup or other complexities of blockchain technology.
• There is no need for the investor to hold cryptocurrency directly, meaning less exposure to hacking risk or loss.
• Professional fund management in a space that moves quickly and comes with many complexities.
Cons
• Fees tend to be higher than other ETFs.
• Investors do not own the cryptocurrency directly, and they must defer to the fund's management strategy.
• Unlike cryptocurrencies, ETFs can only be traded during market hours.
• Crypto markets on which the ETFs are based still largely unregulated.
#ETFvsBTC
According to Binance news:
"Ripple CEO Predicts Tether as Next Target for US Government"
According to PANews, Ripple's CEO, Brad Garlinghouse, has recently suggested that Tether, the issuer of USDT, could be the next enforcement target for the US government. Garlinghouse believes that Tether plays a significant role in the cryptocurrency market system, and he is uncertain about the potential impact this could have on the market.
A few months ago, some reports from government agencies claimed that Tether (USDT) was being used as a payment option for terrorist organizations, illegal financing, and money laundering. In response to these allegations, Tether's executives stated that USDT had never been used for any large-scale illegal activities, and any small-scale misuse of USDT had been successfully curtailed.
"Ripple CEO Predicts Tether as Next Target for US Government"
According to PANews, Ripple's CEO, Brad Garlinghouse, has recently suggested that Tether, the issuer of USDT, could be the next enforcement target for the US government. Garlinghouse believes that Tether plays a significant role in the cryptocurrency market system, and he is uncertain about the potential impact this could have on the market.
A few months ago, some reports from government agencies claimed that Tether (USDT) was being used as a payment option for terrorist organizations, illegal financing, and money laundering. In response to these allegations, Tether's executives stated that USDT had never been used for any large-scale illegal activities, and any small-scale misuse of USDT had been successfully curtailed.
$BNB The market is in consolidating phase and I'm bullish on it #BTC #CryptoWatchMay2024 #altcoins
Which coin you like more?
Which coin you like more?
Bitcoin
72%
Ethereum
22%
Litecoin
6%
32 votos • Votação encerrada
$BTC
Bitcoin's price is renowned for being highly volatile, and it dropped below $64K today . Here are some reasons that may have contributed to the crash :
- *SEC's denial of spot Ether ETFs*: The United States Securities and Exchange Commission (SEC) is likely to deny spot Ether exchange-traded funds (ETFs) in May.
- *BlackRock's statement*: BlackRock clarified that it has no commercial relationship with Hedera and did not choose Hedera Hashgraph to tokenize any BlackRock funds.
- *Bitcoin mining profits*: Bitcoin miners could be in for a rough couple of months as the market adjusts to the quadrennial halving.#Megadrop #bitcoinhalving #btc #BTC #ETH
Bitcoin's price is renowned for being highly volatile, and it dropped below $64K today . Here are some reasons that may have contributed to the crash :
- *SEC's denial of spot Ether ETFs*: The United States Securities and Exchange Commission (SEC) is likely to deny spot Ether exchange-traded funds (ETFs) in May.
- *BlackRock's statement*: BlackRock clarified that it has no commercial relationship with Hedera and did not choose Hedera Hashgraph to tokenize any BlackRock funds.
- *Bitcoin mining profits*: Bitcoin miners could be in for a rough couple of months as the market adjusts to the quadrennial halving.#Megadrop #bitcoinhalving #btc #BTC #ETH
Here is chance to earn 100 usdt
LIVE
SPACE ID
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📣 To celebrate @FoxWallet’s rebrand, we’re giving away a share of $100 USDT + 2000 FoxCredits to fuel your Web3 adventures! ⏰48 hours only! To enter: - Follow @FoxWallet - Like, RT & tag 3 friends - Drop your #FoxWallet Polygon address: https://t.co/CK3xY8pZxG
ETFs are consuming large sell pressures and accumulate many $BTC $Bitcoin sice approval. Now it's up to you to sell or HOLD.
#DYOR #Write2Earn #TradeNTell #BTC
#DYOR #Write2Earn #TradeNTell #BTC