Well, firstly, this is a very important year for the entire crypto industry and for the hodlers they have been waiting for a long time for their moment of reckoning for all the ridicule from supporters of the opinion that fiat is better than crypto.
• Many people do not understand that crypto is increasingly covering the whole world because it does not belong to any country, but only to people who believe that they themselves can control the value of the currency as such.
• The main thing that pushes people to buy Bitcoin and other coins is: trust, reliability, convenience and finally, it all belongs to us people and we ourselves have the right to develop a management system.
• As for me Bitcoin, Ethereum, Solana - These are the most reliable investments in the future, these coins in 10,20,30 years will be worth :
BTC - 1,245,000€~ ETH- 145,200€~ SOL-82,400€
•But if you look at the near future after Halving APRIL :
$BTC - 147,400€~ $ETH - 12,800€~ $SOL - 2,580€~
• Do not forget that before the halving there is a dump due to the fact that miners are selling their rewards and preparing for a new 4-year bull cycle to collect half as much rewards • Due to the fact that miners have sold many times, accordingly, many bitcoins that have been held for a long time are released, you must understand when there is a great demand for cheap BTC coins, the price jumps by 300% and even the hamsters will collect all the tops, I think that the price will rise even higher
• But there is an important aspect in Bitcoin pump cycles that last for several months, this can be seen from the charts. • The main thing is to trade wisely and do not let your emotions get the better of your mind. Share your opinion on Bitcoin and other coin prices for 2024 April.
•To pay using cryptocurrency, enter or paste the recipient's Pay ID. In Binance Pay, to pay using a QR code, simply scan the merchant's Binance Pay QR code in the Binance app. Celebrate special moments with Red Packet. Select the token you want to send, specify the amount and number of recipients.
•And it has become easier to pay with cryptocurrencies due to the cooperation of Binance and Coingate.
SEC postpones consideration of VanEck's Ethereum spot ETF application
•SEC delayed consideration of VanEck's Ethereum spot ETF application.
•The final decision deadline is May 23, 2024.
•On March 20, 2024, the U.S. Securities and Exchange Commission (SEC) moved the VanEck Ethereum Spot ETF decision deadline to May 23, 2024. This date is the last when the regulator will be able to make a final decision on product approval.
•"""The Commission believes it is appropriate to set a longer period for issuing an order approving or disapproving a proposed rule change to allow it sufficient time to review the proposed rule change as Amendment No. 1 and the issues involved," the SEC said in a statement." The Block reported that the “delays” occurred after media outlets claimed the Swiss non-profit Ethereum Foundation was being audited by an unknown government agency.
Let us remind you that on March 19, 2024, the US Securities and Exchange Commission postponed its decision on the spot Ethereum-ETF from Ark 21Shares and Hashdex.
my opinion is that this was done for the benefit of the United States, but the launch of Ethereum-ETF will definitely raise ETH to the skies. Funds will be able to buy from you; think about what will happen to the valuables. Subscribe, like, repost, write comments, this is important to me. #etf #eth #HotTrends #firstwall
A growth of hundreds of percent per week for a whole list of cryptocurrencies in the memcoin category could be an early sign of the start of the altcoin season, writes CoinDesk, citing a report from K33 Research.
Due to the rise in the price of memcoins, the market is increasingly discussing the possible beginning of the “so-called altcoin season” - a period when smaller cryptocurrencies in terms of capitalization outstrip Bitcoin and Ethereum in growth rates. In the last 24 hours alone, the largest memcoins by capitalization have risen in price by tens of percent, according to CoinGecko. The growth leaders among them were Bonk (BONK) and DogeCoin (DOGE), Shiba Inu (SHIB), which increased in price by 37%, 16% and 20%, respectively, per day. Memcoins often rise significantly in price after Bitcoin and Ethereum rallies, and traders redistribute profits into altcoins. Over the past 30 days, leading memecoins have brought investors hundreds of percent profit. Trading volume in PEPE alone reached a record $3.6 billion in the last 24 hours. According to CoinGecko, the weekly price increase was 434.5%.
In its report, analytics company K33 Research states that, based on historical data, other altcoins should now begin to outperform Bitcoin in terms of profitability.
K33 Research notes that the main factor behind the current growth of the cryptocurrency market has been the influx of funds into spot Bitcoin ETFs. Analysts cannot say definitively whether traditional investors will continue to take risks by pouring money into riskier assets.
While there is now enough risk appetite to spur individual altcoins to growth, the flow of retail money needed for an overall rally in the altcoin market is not yet sufficient, analysts at K33 Research wrote in a report.
Swiss analytics company Swissblock said in a report that “all signs point to an imminent start to the ‘altcoin season’.” This could be confirmed by a breakthrough in the price of Ethereum (ETH) above $3,500, analysts noted.
Bitcoin price forecast in April and until the end of the year.
Matrixport analysts have published a new report in which they confirmed their own forecast for the growth of Bitcoin (BTC) in the coming years. According to experts, by April 2024 the price of the first cryptocurrency could rise to $63,140, and by the end of 2024 - to $125 thousand.
According to the report, the potential bull market in the cryptocurrency market is confirmed by the history of past cycles. Analysts write that after the 2014 bear market, when the price of Bitcoin fell by 58%, a three-year upward trend began. The same thing happened after the downward price movement throughout 2018, when the price of the first cryptocurrency fell by 72%. In 2022, the price of Bitcoin fell by 65%, and 2023 is the first of a three-year bull cycle.
In addition, experts point out that during the halving years, the BTC rate has historically always shown positive dynamics. Thus, in 2012, the price of Bitcoin increased by 186%, in 2016 - by 126%, and in 2020 - by 297%.
Analysts also note the macroeconomic situation in the world that is positive for the growth of the price of the first cryptocurrency. In their opinion, a decrease in inflation will lead to the fact that the US Federal Reserve will begin to reduce the key rate, which, together with geopolitical events, may help Bitcoin update its historical maximum price in 2024. October, Matrixport published an analytical report in which it announced the beginning of a new bull cycle in the digital asset market and predicted the growth of Bitcoin to $125 thousand by the end of 2024. A few days before, the company’s analysts also wrote about the growing FOMO effect (from the English Fear of Missing Out, fear of missing out) .
My opinion is that Bitcoin will break through the $125k mark and begin to decline for 4 years, but after the Bitcoin halvig and the second wave, the rush to buy Bitcoin is not too late. #HotTrends #BTC
#BtcBitcoin Halving: A Beginner's Guide TL;DR Bitcoin halving is a process that reduces the rate at which new BTC is created by half approximately every four years, ultimately limiting the total supply of BTC to 21 million. Bitcoin halving is important because it controls the supply of BTC, limits inflation, helps improve the security of the network and makes it more resilient in the long term.If you are familiar with the world of cryptocurrencies, you have probably come across the term “Bitcoin halving”. Sounds technical and difficult! In this article we will analyze this concept and talk about the principles of operation in simple words.
What is Bitcoin halving?
Bitcoin is often called "digital gold" because, like gold, its supply is limited. Miners are people who “mine” digital gold by solving complex mathematical problems and receive new BTC for their efforts. This reward is known as the "block reward". Block rewards not only incentivize miners, but also serve as a way to introduce new BTC into circulation. During the halving, which occurs approximately every four years (or every 210,000 blocks mined), the reward received by miners is halved. Hence the term “halving” - a halving. This reduction in reward is hard-coded into the Bitcoin protocol.
How does halving work?
In simple terms: before the halving, the block reward is a certain amount of BTC, and after the halving, this amount is halved. The next halving will reduce it again, and so on, until the maximum supply of 21 million BTC is reached. When Bitcoin was created in 2009, miners received a reward of 50 BTC per block. In 2013, the first halving occurred, and the Bitcoin mining reward dropped to 25 BTC per block. Subsequently, two more halvings occurred in 2016 and 2020, reducing the block reward to 12.5 and 6.25 BTC, respectively. Following this schedule, the next halving is expected in April-May 2024, and the last one in 2140 It is also worth noting that after each halving, Bitcoin demonstrates rapid growth to a new absolute max.#HotTrends #Halving #btc
Elja, a renowned crypto trader, recently shared a remarkable success story where an investment of $1.98 million skyrocketed to an impressive $5 million.
In just 12 minutes, this individual generated approximately $3.02 million by trading $SLERF.
He invested $1.98 million to purchase 69.74 million $SLERF, using 9,894 $SOL, immediately after the trading session began.
Within the same 12-minute period, he sold the $SLERF for… pic.twitter.com/UMELPw1lCR
In a brief message shared on X, Zhao revealed that the new project would not involve the creation of new tokens but instead focus on providing educational resources to the community. With details yet to be unveiled, speculation abounds regarding the nature and scope of this initiative.
Correction (rollback) : - a change in the price of shares or currencies in the direction opposite to the trend. It is believed that this phenomenon occurs due to “overbought” or “oversold” of a particular security or currency. Other reasons include the lack of people willing to trade at that price.
Do you really think that this is a local correction or is this a trend reversal and the bears won? I want to hear your opinions and comments on this issue.
While Bitcoin broke through the ATH, everyone and everywhere is saying that if you had bought one coin yesterday, today you would have received 10 times more, but no one understands that, “if grandma had balls, she would grandfather." The word if or would is not used in cryptocurrencies. If you didn't buy yesterday and didn't sell today, you simply lost your chance to make money, but not if I did yesterday....
Once you buy Bitcoin, one day you will sell it for more...
Hello friends, it’s probably no secret that upon reaching “ATH”, the price of Bitcoin will go down for a correction until “halving bitcoin”, be patient, “to the moon” is just around the corner. ))
Здравствуйте друзья наверное не для кого не секрет что по достижения "ATH" что цена биткойна пойдёт в низ на коррекцию до" halving bitcoin " , будте терпеливы "to the moon" не зо горами . ))