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The Impact of Cryptocurrencies on the World
#criptomoedas have been revolutionizing the global economy since the launch of $BTC in 2009. With a decentralized, blockchain-based approach, they have the potential to transform traditional financial systems, but they also pose significant challenges. Here, we explore the positives, negatives, and future prospects of this phenomenon.
Positive Aspects of Cryptocurrencies:
Financial Inclusion
Millions of unbanked people can use cryptocurrencies to store and transfer value. With a smartphone and the internet, anyone can connect to the digital economy.
Positive Aspects of Cryptocurrencies:
Financial Inclusion
Millions of unbanked people can use cryptocurrencies to store and transfer value. With a smartphone and the internet, anyone can connect to the digital economy.
#BTC History suggests Pre-Halving Rally phases tend to begin some 60 days before the Halving itselfWhich means that this Pre-Halving Rally has only just begun$BTC #Crypto #Bitcoin #Write2Earn
Will the Bitcoin go for short corrections on 1 day time frame?
- Based on search results, a prominent crypto analyst, Ali Martinez, suggests a possible 8% decline in Bitcoin price within a week, with the price dropping to $48,000 to $46,500.
- This one-week time frame prediction may not indicate a longer-term trend.
- Historically, Bitcoin price surged 68% between October 9, 2023, and December 4, 2023, followed by a seven-week consolidation period.
- A potential correction of 7% to 30% could occur within a month after a halving event, based on historical data.
- In summary, while short-term corrections may happen, the historical data reveals that Bitcoin price corrections can extend over a longer period, such as seven weeks after a halving event.
#Write2Earn #Bitcoin #TrendingTopic $BTC
- Based on search results, a prominent crypto analyst, Ali Martinez, suggests a possible 8% decline in Bitcoin price within a week, with the price dropping to $48,000 to $46,500.
- This one-week time frame prediction may not indicate a longer-term trend.
- Historically, Bitcoin price surged 68% between October 9, 2023, and December 4, 2023, followed by a seven-week consolidation period.
- A potential correction of 7% to 30% could occur within a month after a halving event, based on historical data.
- In summary, while short-term corrections may happen, the historical data reveals that Bitcoin price corrections can extend over a longer period, such as seven weeks after a halving event.
#Write2Earn #Bitcoin #TrendingTopic $BTC
#Bitcoin breaks $53k resistance
paving the way for $60,000!
Bulls holding strong!
Downside supported at $50,500!
#BTC #TrendingTopic #Write2Earn
paving the way for $60,000!
Bulls holding strong!
Downside supported at $50,500!
#BTC #TrendingTopic #Write2Earn
Update: All shorter liquidatations done.
update: 67952 done
update: sl hit but i am in trade again
new sl : 64200
We will see volatility in the market once the NY session starts.
My BIAS from here is market can go up for shorters liquidity and make new all-time high again today. I will mark the heavy sell zone or liquidation zone.
Shorters liquidations are above 67952-68205-68880-69599-69673
Longer liquidations are below 66113- 65354 - 62824
So updside liquidations first because downside liquidations are still building. All depend on NY traders.
I am long from here and will sell on the last high and my stoploss is 65200
#TrendingTopic #Bitcoin
update: 67952 done
update: sl hit but i am in trade again
new sl : 64200
We will see volatility in the market once the NY session starts.
My BIAS from here is market can go up for shorters liquidity and make new all-time high again today. I will mark the heavy sell zone or liquidation zone.
Shorters liquidations are above 67952-68205-68880-69599-69673
Longer liquidations are below 66113- 65354 - 62824
So updside liquidations first because downside liquidations are still building. All depend on NY traders.
I am long from here and will sell on the last high and my stoploss is 65200
#TrendingTopic #Bitcoin
Craig Wright Stuns Court with Bitcoin White Paper Admission: A Twist in the Satoshi Nakamoto Saga
Craig Wright's admission during the COPA trial about editing the Bitcoin white paper is a pivotal moment in the ongoing saga surrounding the true identity of Satoshi Nakamoto, Bitcoin's pseudonymous creator. Wright, an Australian computer scientist, has long claimed to be Nakamoto, a claim that has been met with skepticism and controversy within the cryptocurrency community.The Crypto Open Patent Alliance (COPA) trial seeks to clarify Wright's claims and his contributions to the development of Bitcoin. His admission to editing the white paper is significant because it directly relates to the foundational document of Bitcoin, which outlined the cryptocurrency's underlying technology and philosophy when it was published in 2008.This legal battle is not just about establishing the authorship of the white paper but also about the ownership of the Satoshi Nakamoto identity and the implications that come with it, including potential intellectual property rights and influence over the future direction of Bitcoin. The outcome of this trial could have far-reaching consequences for the cryptocurrency industry, affecting perceptions, the legal standing of foundational documents and technologies, and potentially the control of Bitcoin's sizable Nakamoto-owned bitcoin stash.Wright's various legal actions and claims have sparked debates about the importance of anonymity in the cryptocurrency space, the decentralization of Bitcoin, and the impact of legal systems on the digital asset world. This trial is a key episode in the broader narrative of Bitcoin's history and the ongoing efforts to understand its origins.#Write2Earn $BTC #Bitcoin #CraigWright
Market Movements:
Bitcoin (BTC): Prices are still climbing, with some analysts predicting a possible reach of $150,000 by the end of the year https://www.coindesk.com/price/bitcoin/. This comes after a record high in Euros and increasing trade volume https://www.coindesk.com/price/bitcoin/.
Ethereum (ETH): Ethereum is also on the rise, surpassing the $3,900 mark https://www.binance.com/en/price/ethereum.
Other Interesting News:
AI Tokens: While Bitcoin and Ethereum are making gains, AI tokens seem to be losing some steam after a recent surge https://cointelegraph.com/.
Solana: Investment firm Pantera Capital is reportedly looking to buy Solana (SOL) at a discount with a new fund https://www.coindesk.com/indices/slx. There's also a new Solana meme coin, Dogwifhat (DWF), that recently reached record highs https://cointelegraph.com/.
Regulation: The Federal
Bureau of Investigation (FBI) reported a significant increase in
cryptocurrency scams in 2023, highlighting the need for caution https://cointelegraph.com/.
Remember: Cryptocurrencies are a volatile market, so do your own research before making any investment decisions.
#TrendingTopic #Bitcoin #Ethereum(ETH) #Write2Earn
Bitcoin (BTC): Prices are still climbing, with some analysts predicting a possible reach of $150,000 by the end of the year https://www.coindesk.com/price/bitcoin/. This comes after a record high in Euros and increasing trade volume https://www.coindesk.com/price/bitcoin/.
Ethereum (ETH): Ethereum is also on the rise, surpassing the $3,900 mark https://www.binance.com/en/price/ethereum.
Other Interesting News:
AI Tokens: While Bitcoin and Ethereum are making gains, AI tokens seem to be losing some steam after a recent surge https://cointelegraph.com/.
Solana: Investment firm Pantera Capital is reportedly looking to buy Solana (SOL) at a discount with a new fund https://www.coindesk.com/indices/slx. There's also a new Solana meme coin, Dogwifhat (DWF), that recently reached record highs https://cointelegraph.com/.
Regulation: The Federal
Bureau of Investigation (FBI) reported a significant increase in
cryptocurrency scams in 2023, highlighting the need for caution https://cointelegraph.com/.
Remember: Cryptocurrencies are a volatile market, so do your own research before making any investment decisions.
#TrendingTopic #Bitcoin #Ethereum(ETH) #Write2Earn
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Billionaire Bill Ackman: “Buying Bitcoins Right Now Makes Sense”
According to billionaire Bill Ackman, the rapid growth of Bitcoin could trigger a surge in electricity consumption for mining and, as a result, lead to inflationary pressure and the depreciation of the US dollar.
“Bitcoin is going into infinity, energy prices are rising rapidly, and the economy may collapse. It might be worth buying Bitcoin. The problem is that the BTC rate can go in the opposite direction,” Ackman tweeted on the social network X.
MicroStrategy Chairman Michael Saylor, a strong proponent of investing in Bitcoin, responded by suggesting that Ackman should really consider buying his first cryptocurrency.
In November 2022, despite the collapse of the FTX crypto exchange, Bill Ackman said that digital assets will not disappear anywhere, and with proper regulation they can bring great benefits to society, contributing to the development of the global economy. The billionaire believes that the cryptocurrency ecosystem should independently get rid of unscrupulous players in order to reduce the risk of government intervention.
#Bitcoin #CryptoNews #news #TrendingTopic #BTC/USDT.
$BTC
According to billionaire Bill Ackman, the rapid growth of Bitcoin could trigger a surge in electricity consumption for mining and, as a result, lead to inflationary pressure and the depreciation of the US dollar.
“Bitcoin is going into infinity, energy prices are rising rapidly, and the economy may collapse. It might be worth buying Bitcoin. The problem is that the BTC rate can go in the opposite direction,” Ackman tweeted on the social network X.
MicroStrategy Chairman Michael Saylor, a strong proponent of investing in Bitcoin, responded by suggesting that Ackman should really consider buying his first cryptocurrency.
In November 2022, despite the collapse of the FTX crypto exchange, Bill Ackman said that digital assets will not disappear anywhere, and with proper regulation they can bring great benefits to society, contributing to the development of the global economy. The billionaire believes that the cryptocurrency ecosystem should independently get rid of unscrupulous players in order to reduce the risk of government intervention.
#Bitcoin #CryptoNews #news #TrendingTopic #BTC/USDT.
$BTC
See original
Glassnode: Bitcoin has entered the stage of euphoria
Investors who bought Bitcoin at a low price in 2023 began to take profits. This increases the circulation of “young coins” (assets that have moved within the last three months) in the market.
Since last fall, the share of young coins has increased by 138%, which indicates an increase in sales of the first cryptocurrency by long-term holders. Since the end of November 2023, Bitcoin holdings among long-term investors have decreased by 660,000 BTC. In turn, speculators and short-term holders increased reserves by 810,000 bitcoins.
According to Glassnode analysts, past Bitcoin growth cycles have also seen a decline in the number of coins held by long-term investors. The declines ranged from 14% to 25% and created selling pressure on the cryptocurrency as the value rose.
Glassnode specialists note: now short-term holders are accumulating bitcoins, assuming that the price increase will continue.
#Bitcoin #BTC.😉. #HotTrends #CryptoNews #news
$BTC
Investors who bought Bitcoin at a low price in 2023 began to take profits. This increases the circulation of “young coins” (assets that have moved within the last three months) in the market.
Since last fall, the share of young coins has increased by 138%, which indicates an increase in sales of the first cryptocurrency by long-term holders. Since the end of November 2023, Bitcoin holdings among long-term investors have decreased by 660,000 BTC. In turn, speculators and short-term holders increased reserves by 810,000 bitcoins.
According to Glassnode analysts, past Bitcoin growth cycles have also seen a decline in the number of coins held by long-term investors. The declines ranged from 14% to 25% and created selling pressure on the cryptocurrency as the value rose.
Glassnode specialists note: now short-term holders are accumulating bitcoins, assuming that the price increase will continue.
#Bitcoin #BTC.😉. #HotTrends #CryptoNews #news
$BTC
Based on the current analysis and market trends, there is an 87% probability that the price of Bitcoin (BTC) will reach a range between $68,000 and $75,000 by March 5th. This forecast is grounded on a comprehensive evaluation of historical data, recent market movements, and emerging patterns within the cryptocurrency domain. Investors and market participants are advised to consider this projection while making their investment decisions, keeping in mind the inherent volatility and risks associated with cryptocurrency investments.
*This is not a signal
#BTC #Bitcoin #bullish #BTC🤑
*This is not a signal
#BTC #Bitcoin #bullish #BTC🤑
👉👉👉 #Bitcoin price approaches $70K as $BTC holders demonstrate steadfast optimism
Bitcoin's price has surged above $67,000, signaling its intent to surpass the recent peak above $69,000. The CEO of Bitget Exchange attributes this momentum to the steadfast optimism and unwavering confidence among BTC holders, who remain bullish despite recent market corrections.
Gracy Chen, Managing Director of Bitget Exchange, highlights the resilience of Bitcoin investors, noting that rapid pullbacks are common during sharp uptrends and often signify market deleveraging. This sentiment is echoed by a report from Deutsche Bank, which outlines five reasons for Bitcoin's record-high prices, including the influence of exchange-traded funds (ETFs), the upcoming halving event, regulatory developments, and macroeconomic factors like interest rates.
The influx of funds into #BitcoinETFs , exemplified by BlackRock's IBIT ETF attracting a record-breaking $788 million on March 5, continues to drive market sentiment. This trend is expected to persist as ETF investors demonstrate their commitment to holding Bitcoin positions.
As Bitcoin aims to reclaim the $69,000 threshold, technical indicators suggest a bullish outlook, with rising buying momentum reflected in the Relative Strength Index (RSI) and increasing volume. On-chain metrics further support this optimism, with strong support levels identified between $47,907 and $63,846, as well as between $64,784 and $65,997. The majority of Bitcoin holders are currently sitting on unrealized profits, indicating minimal selling pressure amidst anticipation of the upcoming halving event.
However, a potential downside scenario could see Bitcoin retracing to $65,000 or even the psychological level of $60,000, representing a significant correction from current levels. Nonetheless, the prevailing sentiment remains bullish, driven by investor confidence and institutional interest in Bitcoin as a long-term investment asset.
Source - fxstreet.com
#CryptoNews🔒📰🚫 #BinanceSquareTalks
Bitcoin's price has surged above $67,000, signaling its intent to surpass the recent peak above $69,000. The CEO of Bitget Exchange attributes this momentum to the steadfast optimism and unwavering confidence among BTC holders, who remain bullish despite recent market corrections.
Gracy Chen, Managing Director of Bitget Exchange, highlights the resilience of Bitcoin investors, noting that rapid pullbacks are common during sharp uptrends and often signify market deleveraging. This sentiment is echoed by a report from Deutsche Bank, which outlines five reasons for Bitcoin's record-high prices, including the influence of exchange-traded funds (ETFs), the upcoming halving event, regulatory developments, and macroeconomic factors like interest rates.
The influx of funds into #BitcoinETFs , exemplified by BlackRock's IBIT ETF attracting a record-breaking $788 million on March 5, continues to drive market sentiment. This trend is expected to persist as ETF investors demonstrate their commitment to holding Bitcoin positions.
As Bitcoin aims to reclaim the $69,000 threshold, technical indicators suggest a bullish outlook, with rising buying momentum reflected in the Relative Strength Index (RSI) and increasing volume. On-chain metrics further support this optimism, with strong support levels identified between $47,907 and $63,846, as well as between $64,784 and $65,997. The majority of Bitcoin holders are currently sitting on unrealized profits, indicating minimal selling pressure amidst anticipation of the upcoming halving event.
However, a potential downside scenario could see Bitcoin retracing to $65,000 or even the psychological level of $60,000, representing a significant correction from current levels. Nonetheless, the prevailing sentiment remains bullish, driven by investor confidence and institutional interest in Bitcoin as a long-term investment asset.
Source - fxstreet.com
#CryptoNews🔒📰🚫 #BinanceSquareTalks
Bitcoin - 60000$
75%
Ethereum - 4000$
25%
4 votes • Voting closed
Historically Bitcoin did 30-40% dip during #bitcoinhalving event. 🚨🚨
Bitcoin is already printed 6 green monthly candles. 🔥
Just with above halving & correction concept 👇
If bitcoin gives correction during halving
🔹 BTC 70K → 48K (-30%)
🔹 BTC 63K → 42K (-30%)
but could be changed this time as the big entered in the market.
#BTC #TrendingTopic #Bitcoin
Bitcoin is already printed 6 green monthly candles. 🔥
Just with above halving & correction concept 👇
If bitcoin gives correction during halving
🔹 BTC 70K → 48K (-30%)
🔹 BTC 63K → 42K (-30%)
but could be changed this time as the big entered in the market.
#BTC #TrendingTopic #Bitcoin
#TrendingTopic #BTC #Write2Eam #Write2Earn
Only #Bitcoin HODLers will understand 💪 🥲😎👀 Next Target #Bitcoin will raise 70k. Hold Bitcoin & Take Your Profit.
Only #Bitcoin HODLers will understand 💪 🥲😎👀 Next Target #Bitcoin will raise 70k. Hold Bitcoin & Take Your Profit.