M2
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đšBREAKINGđš: UAE-Based Crypto Exchange #M2 Hacked
Key Details:
đ¶ Loss: $13.7M (approx. 50.3M AED)
đ¶ Resolution: Incident resolved; client funds restored
đ¶ Impact on Users: No impact, as the exchange absorbed the losses
đ¶ Current Status: All services are operating normally
Unlike some platforms that remain unclear about users' funds, #M2 has taken swift action, ensuring transparency and fund security for its clients.
Key Details:
đ¶ Loss: $13.7M (approx. 50.3M AED)
đ¶ Resolution: Incident resolved; client funds restored
đ¶ Impact on Users: No impact, as the exchange absorbed the losses
đ¶ Current Status: All services are operating normally
Unlike some platforms that remain unclear about users' funds, #M2 has taken swift action, ensuring transparency and fund security for its clients.
Bitcoinâs price continues to show correlation with M2 money supply growth.
Last month, #M2 across major central banks grew by 7.5%, the fastest since Nov 2021. Historically, $BTC bull runs have aligned with rapid M2 expansion.
#BullRunAhead #BULLRUN24 #Bitcoin #bitcoinprice
Last month, #M2 across major central banks grew by 7.5%, the fastest since Nov 2021. Historically, $BTC bull runs have aligned with rapid M2 expansion.
#BullRunAhead #BULLRUN24 #Bitcoin #bitcoinprice
**Are you still #bearish . Anonymous ?**
- $ETH ETFs are set to start trading soon.
- Michael Dell, with a net worth of $100 billion, just endorsed $BTC hinting at a strategy similar to #MicroStrategy for his balance sheet.
- Global liquidity is rising again.
- #M2 money supply is increasing.
- Interest rate cuts are expected soon.
- Election season is approaching.
With all these #positive developments, it's hard to stay bearish.
- $ETH ETFs are set to start trading soon.
- Michael Dell, with a net worth of $100 billion, just endorsed $BTC hinting at a strategy similar to #MicroStrategy for his balance sheet.
- Global liquidity is rising again.
- #M2 money supply is increasing.
- Interest rate cuts are expected soon.
- Election season is approaching.
With all these #positive developments, it's hard to stay bearish.
âĄïž LATEST: If #Bitcoin keeps tracking global M2 money supply, it could hit $90K by year-end.
đ”M2 measures the money supply, including cash, checking deposits, and other deposits readily convertible to cash, such as Cash Deposits.
How is it Important?
Fed Starts to Decrease Interest Rateâ Increase Money Supply M2â Positive Flow of Funds to Bitcoin= Bullish
#moneysupply #M2
đ”M2 measures the money supply, including cash, checking deposits, and other deposits readily convertible to cash, such as Cash Deposits.
How is it Important?
Fed Starts to Decrease Interest Rateâ Increase Money Supply M2â Positive Flow of Funds to Bitcoin= Bullish
#moneysupply #M2
đ„đ„đ„ #analyst Sees #bitcoinâïž Reaching $8 Trillion Market Cap: What Price Will This Surge Bring?
Bitcoin reached a two-month high of $66,500 last Friday, driven by increased market liquidity and renewed investor confidence.
- Crypto analyst Doctor Profit predicts that Bitcoin's market capitalization could reach $8 trillion by 2030, corresponding to a price of approximately $550,000. This prediction is based on several factors, including:
1. Increased liquidity
2. Gold market trends
3. Inflationary pressures and scarcity
4. Growth in the #M2 money supply
- Doctor Profit expects 3-4 significant corrections of 40-50% as Bitcoin approaches milestones such as $120,000, $160,000, and $220,000. However, he advises long-term investors to view these corrections as opportunities rather than risks.
- The analyst believes that a successful investment strategy can include active trading and holding. He encourages investors to stay informed and adapt to changing market conditions.
- At the time of writing, Bitcoin is trading at $63,938, recording losses of 3.4% in the 24-hour.
Source - newsbtc.com
#BinanceSquareBTC #BTCPricePrediction $BTC
Bitcoin reached a two-month high of $66,500 last Friday, driven by increased market liquidity and renewed investor confidence.
- Crypto analyst Doctor Profit predicts that Bitcoin's market capitalization could reach $8 trillion by 2030, corresponding to a price of approximately $550,000. This prediction is based on several factors, including:
1. Increased liquidity
2. Gold market trends
3. Inflationary pressures and scarcity
4. Growth in the #M2 money supply
- Doctor Profit expects 3-4 significant corrections of 40-50% as Bitcoin approaches milestones such as $120,000, $160,000, and $220,000. However, he advises long-term investors to view these corrections as opportunities rather than risks.
- The analyst believes that a successful investment strategy can include active trading and holding. He encourages investors to stay informed and adapt to changing market conditions.
- At the time of writing, Bitcoin is trading at $63,938, recording losses of 3.4% in the 24-hour.
Source - newsbtc.com
#BinanceSquareBTC #BTCPricePrediction $BTC
