Peter Brandt believes that Bitcoin might face correction whe | pavic11 on Binance Square

Trending Articles

Bookmarked and Liked

--

Peter Brandt believes that Bitcoin might face correction where majority of retail traders can buy it👇👇👇👇👇👇👇👇
FOLLOW FOR MORE
#Write2Earn‬ #pavic11
$BNB $ETH $BTC

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

78,789.99

+2.98%

ETH

3,171.99

+4.09%

BNB

629.39

-0.27%

2.3k

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Pavic11

Explore More From Creator

The Bitcoin (BTC) price gained bullish momentum again, surpassing the $70,000 mark, while whale activity around the asset declined. BTC is up by 2.2% and is trading at around $71,000 at the time of writing. The flagship asset’s market cap is getting close to the $1.4 trillion mark — currently sitting at $1.398 trillion. Bitcoin price surges amid declining whale activity - 1 BTC price, whale activity, RSI and active addresses – April 11 | Source: Santiment Moreover, Bitcoin’s daily trading volume increased by 5% and is hovering around $37.5 billion at the reporting time. You might also like: US senators to unveil bipartisan stablecoin legislation The upward momentum comes after Bitcoin dropped below the $68,000 mark after the U.S. inflation rate rose above the expected 3.4% — reaching 3.5% Y/Y. According to data provided by Santiment, the number of whale transactions consisting of at least $100,000 worth of BTC has been consistently declining over the past four days — falling from 14,261 settlements on April 8 to 10,182 unique transactions over the past 24 hours. Data from Santiment shows that the number of daily active addresses has also declined along with the BTC whale activity — falling from 898,850 addresses to 866,140 active wallets over the past 24 hours. On the other hand, the BTC Relative Strength Index (RSI) increased from 48 to 54 over the past day, according to Santiment data. The indicator shows that Bitcoin is slightly overheated but is still in good condition. An RSI of above 60 would indicate that Bitcoin is overbought and could lead to high price volatility. 👇👇👇👇👇👇👇 FOLLOW FOR MORE #write2earn #pavic11 $BNB $ETH $BTC

--

Bitcoin (BTC) climbed back to $70,000 Wednesday, reversing its knee-jerk dip following hotter-than-anticipated U.S. inflation data for March. BTC slipped nearly 4% to $67,500 during early U.S. hours after a government report showed the Consumer Price Index (CPI) rising faster than analyst expectations, prompting investors to temper their expectations for rate cuts this year. The dip echoed through multiple asset classes, but bitcoin gradually erased all its losses, and was up over 1% over the past 24 hours, outperforming U.S. equities and gold, both of which finished with sizable declines for the day. At press time, bitcoin had slipped a bit from the $70,000 level, trading at $69,800. Most cryptocurrencies lagged behind BTC, with the broad-market CoinDesk 20 Index down 0.6% during the same period, dragged lower by a 5%-7% decline in major altcoins polkadot (DOT), bitcoin cash (BCH), near (NEAR) and aptos (APT). Decentralized exchange Uniswap's governance token (UNI) plummeted more than 10% as it received an enforcement notice from the U.S. Securities and Exchange Commission, foreshadowing regulatory actions against the platform. Will Clemente, co-founder of Reflexivity Research, noted in an X post that the ever-increasing U.S. debt levels are more important for the big picture than individual CPI readings, and the most likely scenario is that policymakers will let inflation run higher than the 2% target to help inflate the debt. "Bitcoin is an insurance against this," Clemente added. 👇👇👇👇👇👇👇 FOLLOW FOR MORE #write2earn #pavic11 $BNB $ETH $BTC

--

Binance is “working as collaboratively as we can” with the Nigerian government to secure the release of its jailed financial crimes investigations chief, Tigran Gambaryan, the exchange’s chief compliance officer Noah Perlman said Wednesday. Gambaryan, a former IRS special agent who pivoted to Binance in 2021, pleaded not guilty this week to committing money laundering, tax evasion and manipulating the price of Nigeria’s currency. He was in the country at the Nigerian government’s invitation, Perlman said. Speaking at a cybersecurity conference held by Chainalysis, Perlman said he was “optimistic” Binance could reach a resolution with the Nigerian government that would free Gambrayan, but declined to talk specifics. "Obviously the whole situation is just tragic," he said. Gambaryan was detained in February, after visiting the country with fellow executive Nadeem Anjarwalla to discuss the Nigerian government's concerns with country officials. However, they were detained without charge and placed under house arrest. Anjarwalla managed to escape, and the government filed charges against both executives as representatives of the exchange and Binance itself last month. Binance previously said in a statement that Gambaryan did not have any decision-making authority with the exchange. 👇👇👇👇👇👇👇 FOLLOW FOR MORE #write2earn #pavic11 $BNB $ETH $BTC

--

The Federal Government of Nigeria, under President Tinubu‘s administration, has sought an extension of the detention of two Binance officials. The Economic and Financial Crimes Commission (EFCC) went to the magistrate’s court in Abuja seeking a new order to extend the detention of the US citizen Tigran Gambaryan and the British Kenyan Nadeem Anjarwalla. This is one of the developments in Nigeria’s wide crackdown on cryptocurrency platforms. Gambaryan and Anjarwalla have been in custody for the last fortnight. The EFCC seeks further remand of the individuals while investigations are in progress. The first court decree permitting their confinement expired on Tuesday. When contacted, the EFCC spokesman, Dele Oyewale, declined to comment on the issue. 👇👇👇👇👇👇 FOLLOW FOR MORE #Write2Earn‬ #pavic11 $BNB $ETH $BTC

--

Indian Finance Minister Nirmala Sitharaman clarified the government’s stance on crypto at the India Today Conclave 2024 event on Friday. Responding to a question about whether the Indian government will reassess its position on crypto in light of bitcoin’s price recovery, Sitharaman exclaimed: “Reassess its position? Its position has always been this, that assets created in the name of crypto can be assets for trading, assets for speculation, assets for money making, assets for many other things.” The finance minister noted: “We hadn’t regulated them then. We haven’t regulated them even now.” She stressed: 👇👇👇👇👇👇👇 FOLLOW FOR MORE #Write2Earn #pavic11 $BNB $ETH $BTC

--

Latest News

Ethereum Surpasses Johnson & Johnson In Global Market Capitalization

--

Malware EdtiProAI Poses Threat to User Wallets

--

Cardano Founder Advocates for Bipartisan Crypto Legislation

--

Cryptocurrency Market Enters Extreme Greed Phase

--

Ethereum (ETH) Surpasses 3,200 USDT with a 7.40% Increase in 24 Hours

--

Trending Articles

$BTC Liquidation Alert! Massive Short Wiped Out! A stag

Dustin Okely 70

Here’s How Much 1 Shiba Inu Can be Worth if SHIB Reaches a $100B Market Cap ✅.

‘Ross Is Coming Home’: Ulbricht’s Family Rejoices as Trump Plans to Fulfill Commutation Pledge

Solana ($SOL) Price Prediction 2024, 2025, 2026-2030!!

Will Terra Classic Price Hit $1 Amid Strong LUNC Burn?

Cookie Preferences

ba-one-trust-cookie