🔥Approximately 90 days remain until the Bitcoin Halving in April 2024🔥
✨Historically, any deeper retraces that occur during this period tend to generate fantastic Return On Investment for investors in the several months after the Halving
This upcoming period will be crucial as any retrace during this period will likely represent the final bargain-buying opportunity for Bitcoin
Specifically, there is a 30-day window or so where a deeper retrace could occur, between now and the Pre-Halving rally which we'll discuss next
👉2. Pre-Halving rally
Then ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"
Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally
Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself
👉3. Pre-Halving retrace
A Pre-Halving retrace tends to occur around the Halving event itself (dark blue circle)
🔥In 2016, this Pre-Halving retrace was -38% deep
🔥In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all
👉4. Re-Accumulation
The Pre-Halving retrace is followed by multi-month re-accumulation (red)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving
👉5. Parabolic Uptrend
Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)✅ # 🚨It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs🚨
Binance has added AltLayer as the latest project on its Binance Launchpool platform, offering users new opportunities for cryptocurrency staking and trading.
Global crypto exchange Binance has recently introduced AltLayer (ALT) as the 45th project on its Binance Launchpool platform. AltLayer is focused on developing native and restaked rollups, incorporating both Optimistic and ZK Rollup Stacks, representing a significant innovation in the cryptocurrency sector. Starting from Jan. 19, Binance users can stake their BNB and FDUSD in specific pools to farm ALT tokens over a period of six days. This approach allows users to interact with ALT tokens before officially being listed on the exchange.
200 ETH Pre-Mine Address Was Activated After 8.5 Years
There is a reactivation of a pre-mine Ethereum address containing 200 ETH, valued at approximately $506,140. This incident occurred after a prolonged dormancy of eight and a half years, as reported by Whale Alert, a blockchain analytics and monitoring platform. This reactivation is not an isolated event; similar instances involving substantial amounts of ETH in previously dormant addresses have been noted in the recent past.In December 2023, an Ethereum address with 11,640 ETH was reactivated, a
Launchpool is a platform that allows users to participate in token sales and earn rewards. It provides opportunities to support and invest in new projects in the cryptocurrency space. It's a great way to get involved in the crypto community and potentially discover promising projects. To participate in token sales on Launchpool, you typically need to follow the project's instructions and requirements. This may involve joining their whitelist, completing KYC (Know Your Customer) verification, and contributing funds to the token sale. It's important to do your own research on the project and understand the risks involved before participating. Keep an eye out for announcements and updates from Launchpool and the projects they support. #Launchpool #MANTA #uma #sol #BTC
Do mining more !!!!!! #TrendingTopic #MANTA #BTC #ARB Mining plays a crucial role in ensuring the security of cryptocurrencies like Ethereum. When miners solve complex mathematical problems to add new blocks to the blockchain, they also verify and validate transactions. This decentralized process makes it difficult for any single entity to manipulate or control the network. It helps maintain the integrity and security of the cryptocurrency by preventing double-spending and unauthorized transactions. So, mining acts as a safeguard for the entire cryptocurrency ecosystem! 💪🔒
Ethereum is a popular cryptocurrency like Bitcoin. It's known for its smart contract capabilities.
Ethereum mining is the process of validating and adding new transactions to the Ethereum blockchain. Miners use powerful computers to solve complex mathematical problems, and when they find a solution, they add a new block to the blockchain. Miners are rewarded with newly minted Ethereum coins for their efforts. It's like a digital gold rush! 💰⛏️
Bitcoin Experiences Its First Golden Cross; Filecoin and InQubeta in an Upward Trajectory
A positive SEC decision on Bitcoin ETF has done a world of good to the crypto community. As we soak up this news, Bitcoin has hit another milestone, forming a Golden cross; a critical event in its technical analysis history, indicating a potential uptick in price. Concurrently, top altcoins like Filecoin and InQubeta (QUBE) are also experiencing upward trajectories, highlighting their growing relevance in the crypto space.Bitcoin’s Golden Cross: A Signal of Bullish TrendsBitcoin just hit a major
There have been some interesting recent developments in Bitcoin technology. One notable development is the Lightning Network, which aims to address Bitcoin's scalability by enabling faster and cheaper transactions. It's a layer 2 solution built on top of the Bitcoin blockchain. Another development is the integration of Bitcoin with the Taproot upgrade, which enhances privacy and improves the efficiency of smart contracts. These advancements show the ongoing innovation happening in the Bitcoin space.
Manta Network aims to provide a secure and private way to transact and interact with decentralized finance (DeFi) applications. It uses zero-knowledge proofs to ensure privacy while maintaining the benefits of transparency and security. It's an interesting project that addresses the growing need for privacy in the DeFi space.
1. Transparency: dApps are built on blockchain technology, which provides transparent and immutable records of transactions and interactions. This transparency helps build trust among users.
2. Security: Since dApps are decentralized, they are less vulnerable to hacking or single points of failure. The data is distributed across multiple nodes, making it more secure and resistant to attacks.
3. Elimination of intermediaries: Traditional applications often rely on intermediaries like banks or third-party platforms. dApps cut out the middleman, allowing for direct peer-to-peer transactions and reducing fees.
4. User control: With dApps, users have more control over their data and digital assets. They can decide how their information is used and can maintain ownership of their assets.
5. Global accessibility: dApps can be accessed by anyone with an internet connection, regardless of geographical location. This opens up opportunities for financial inclusion and access to services for people who may not have had them before.
Sol coin! Solana (SOL) is a popular cryptocurrency that has been gaining a lot of attention lately. It's a blockchain platform designed for decentralized applications and smart contracts. SOL has seen significant growth and has become one of the top cryptocurrencies in terms of market capitalization. It's definitely worth keeping an eye on! If you want to stay updated on crypto news, there are many reliable sources out there that provide regular updates on Solana and other cryptocurrencies.
#TrendingTopic #MANTA #BTC #ARB One trending crypto right now is Solana (SOL). It's been gaining a lot of attention for its fast transaction speed and low fees. Another one to keep an eye on is Avalanche (AVAX), which has seen significant growth recently. And of course, you can't forget about the ever-popular Bitcoin (BTC) and Ethereum (ETH). These are just a few examples, but there's always something happening in the crypto world! 🚀💸
exchange-traded funds (ETFs) in the first week of trading. But despite their immense popularity, some crypto executives claim these instruments violate the ideals crypto was built on.
The U.S. Securities and Exchange Commission (SEC) approved multiple spot Bitcoin ETFs for the first time on Jan. 10, and they began trading on Jan. 11. Trading activity showed that there was enormous pent-up demand for these products, as they experienced $10 billion in trading volume over the first seven days. In addition, the Bitcoin ETF market saw over $782 million of net inflows of capital in just the first two days of trading.
But despite the proven popularity of these financial instruments, some executives at crypto companies are urging caution, claiming that ETFs may lead to greater centralization in the crypto industry and will not be needed in the future anyway.
Cointelegraph spoke to Andy Bromberg, CEO of wallet developer Eco, who claimed that ETFs could give traditional financial institutions excessive influence over the market. “You are in fact, when you buy into one of these Bitcoin ETFs, giving Wall Street money to buy Bitcoin with, [and] they own the Bitcoin and you own a piece of paper that says you have a share in this,” Bromberg stated. He claimed this was “stepping away from the ideals” that Bitcoin was founded upon #TrendingTopic #TradeNTell #BTC #ARB #MANTA