The Notcoin team announced that starting May 14, users will no longer be able to send their tokens to crypto exchanges.
The post on X said the next time the Notcoin (NOT) withdrawal option will be available is after the coin’s listing on May 16.
⚡️ Notcoin direct deposits to exchanges will be closed tomorrow (May 14th).

The next time withdrawal options (including on-chain claim) will be opened after the listing.

Please make sure you have initiated the transfer to exchange if you want to start trading from the first…— Notcoin Ø (@thenotcoin) May 13, 2024
“Please make sure you have initiated the transfer to exchange if you want to start trading from the first minute.”The Notcoin team
Notcoin is a web3 gaming project launched on Jan. 1 within the The Open Network (TON) ecosystem. It works as a mini-application inside the Telegram messenger and allows users to receive coins with a simple tap on the phone screen. Earnings can be increased through several additional activities.
Before this, the Notcoin project team announced that 5% of the token’s total supply would be divided between community members and cryptocurrency exchange clients.
One billion NOT was allocated for users of the wallet bot within Telegram, with the campaign set to end on May 25.
The last easy Notcoin

Around 5% of the Notcoin supply will be distributed to over 500,000 community members and exchanges users. pic.twitter.com/eEOQGhxDUq— Notcoin Ø (@thenotcoin) May 12, 2024
The team also said that NOT will be available to all starting on May 16. Users can sell the asset on the P2P market or exchange the crypto for Toncoin (TON), USDT, or Bitcoin (BTC). In addition, NOT can be sent to the Telegram contacts and used for payments.
Last week, the Notcoin team announced NOT’s listing. The OKX crypto exchange added NOT to the Jumpstart marketplace’s launchpad. From May 13 to May 16, traders can earn Notcoin by staking TON.
#notcoin #writetoearn

The cryptocurrency ONDO has seen an exceptional surge in value, increasing from $0.40 to $0.90, which has resulted in a doubling of its holder base within a one-month span. The market’s response to this increase has led to a significant Market Value to Realized Value (MVRV) Z Score of 3.63, potentially signaling an overvaluation of the digital asset.
Surge in Investor Interest
From the onset of 2024, ONDO has experienced a consistent addition of 100 to 300 new investors daily, culminating in a holder count of 4,872 by February 26th. This steady influx, however, accelerated by the last week of March, with the total number of holders surpassing 10,000, thus more than doubling the investor base. Coinciding with this, the price of ONDO rocketed from $0.40 to $0.95 between March 19th and March 25th, representing a significant uptick of 137.5%.
The continued growth could further solidify investors’ confidence in ONDO’s potential and hint at an even steeper price trajectory in the near future. The surge has not only bolstered investor interest but also raised ONDO’s MVRV Ratio, with a notable rise from 1.39 to 3.57 in its Z Score.
Market Valuation Analysis
The MVRV Z Score is utilized to appraise the fairness of a token’s price by comparing the market cap to its realized value and establishing the average price paid by current holders. An unusual deviation in the Z Score can point to periods when a token’s valuation is exceptionally high or low. Despite bullish indicators from the ONDO Exponential Moving Average (EMA) lines, the recent spike in price and elevated MVRV Z Score could lead to a potential market correction.
Experts within the cryptocurrency field have suggested that ONDO may undergo a price correction to around $0.84 before it can aim for new highs. Nevertheless, should the bullish momentum persist, the asset might break past the latest peak of $0.95, potentially reaching the $1 mark.

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While the meme coin frenzy in cryptocurrencies continues, a remark has come from Arthur Hayes, who is perhaps one of the people who brought the World Interbank Financial Telecommunication (WIF) to its present day. Hayes had previously made a significant impact with a photo of himself wearing a hat, supporting the Dogwifhat movement. So, what does Arthur Hayes say about the industry?
Arthur Hayes’ Approach to Meme Coins
Arthur Hayes made a statement saying that trading in meme coins is “more fun” compared to bonds with negative yields, expressing his interest in the growing meme coin frenzy.
In an interview with Scott Melker on The Wolf of the All Streets podcast, Arthur Hayes made important remarks, drawing attention to the Slerf (SLERF) incidents and said:
SLERF, BOME, and whatever else comes, I will trade with it because it’s more fun.
Hayes’ statement parallels his belief that traditional finance (TradFi) is displaying a disheartening attitude during a period when currencies are increasingly losing value (fiat currency devaluation).
Considering all this, Hayes made a statement suggesting that crypto investors would rather go the meme coin route than suffer losses due to TradFi, adding:
I don’t want to give my money to a man or woman in a suit to invest in a bond with negative yield.
Despite all this, the notable figure also pointed out that holding meme coins for too long during bull cycles could pose significant risks and losses to investors. He also cautioned investors not to succumb to FOMO just because major exchanges and companies are making statements about meme coins.
Trying to intellectualize this too much will probably cause you to lose a lot of money.

Perspectives on Meme Coins
Hayes also drew attention to spam and scam projects emerging in meme coins, particularly as seen with Solana.
Solana is the chain where activity happens. Activity equals SOL burning; so it’s being used for something at least.
Anatoly Yakovenko, co-founder of Solana, also recently stated that the activities caused by meme coins are seen as a “stress test” for the network’s future growth, which they welcome. During this process, it appears that Avalanche (AVAX) and Coinbase’s Base Protocol have also become involved.
Meanwhile, Arbitrum (ARB) jumped on the meme coin train during the FOMO process and announced the establishment of an Arbitrum Memecoin Fund.
At this point, the undeniable influx of new liquidity, users, and interest that memecoins bring to the relevant blockchain is testing dApps and the chain itself, and most importantly, attracting new users and interest to genuinely useful projects.

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Ethereum (ETH) successfully implemented the Dencun upgrade this Wednesday, which is set to lower gas fees for its layer-2 (L2) blockchains. The reduction is made possible by spaces reserved on Ethereum blocks called ‘blobs’, which will store transaction data sent by the L2 networks.
Stani Kulechov, the creator of Aave Protocol and CEO of Avara, stated that this upgrade will provide accessibility to end-users through lower fees, especially for decentralized finance (DeFi) application users. “By reducing these barriers, Dencun paves the way for innovation, adoption, and growth of Ethereum,” he adds.
Edward Wilson, from on-chain data firm Nansen, also highlighted the step towards accessibility that the Dencun upgrade represents. “By reducing these barriers, Dencun sets the stage for enhanced innovation, adoption, and growth across the Ethereum ecosystem.”
However, the decrease in Ethereum’s L2 gas fees is not guaranteed, since the teams behind those projects must adapt to the changes brought by Dencun, explains Bruno Moniz, blockchain engineer at Brazilian digital bank Inter. Thus, not all layer-2 blockchains based on Ethereum might show lower fees in the next hours.
“This involves the following steps, which I imagine devs are being implemented by devs: modify the rollup transaction data structure to include references to the data in blobs, using the new fields introduced by EIP-4844, such as ‘blob versioned hashes’ and ‘blob kzg commitments’; adjusting the transaction processing logic to verify and access the referenced blob data, using the new opcodes and functions determined in EIP-4844, like ‘BLOBVERIFY’ and ‘BLOBREAD’; implementing mechanisms to ensure the availability of blob data during the necessary period for the finalization of rollup transactions; completely updating the off-chain infrastructure to handle the storage and efficient retrieval of data blobs.”
Moniz highlights that most of the largest L2 is working closely with Ethereum’s core developers team to guarantee a smooth transaction. Nevertheless, Blast faced a downtime of over two hours related to the Dencun upgrade, its official account reported via an X (formerly Twitter) post.

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PIXELYNX and Animoca Brands, in collaboration with Banijay Brands, have launched the non-fungible token (NFT) collection “Black Mirror Experience: Smile Club”, based on the episode “Nosedive” of the TV series. According to the announcement from Mar. 12, the Smile Club is the first of more digital experiences yet to come related to the Black Mirror franchise.
The collection sold out in less than three hours, and users were able to mint customized characters using Ethereum’s layer-2 blockchain Base, backed by crypto exchange Coinbase. Those characters can be used in different digital quests, related to a ‘social status’ dynamic that rewards users based on the number of quests they were able to complete. The initiative also includes live episodic content, with the first pilot episode going live this week in partnership with BasedAF, a virtual production channel.
Black Mirror is a sci-fi anthology currently streamed on Netflix and is currently in its sixth season, which debuted on June 15, 2023. The series delivered over 1 billion minutes of viewing time in the United States on the week it was released, taking the number one spot of most watched shows in that period.
Moreover, the project kicked off with an event in Times Square featuring partnerships with cultural icons such as Transmoderna and deadmau5.
PIXELYNX is the company co-founded in 2020 by Inder Phull and a few technology enthusiasts from the music industry, such as deadmau5 and Plastikman, focused on building projects in the entertainment ecosystem.

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JPMorgan Chase CEO Jamie Dimon said that despite his reservations towards Bitcoin, he would still defend people’s right to purchase the asset if they wish.
At this week's Australian Financial Review business summit in Sydney, Dimon discussed Bitcoin's recent rally and offered his thoughts on the timing of this year's possible rate cut by the U.S. Federal Reserve.
"I defend your right to smoke a cigarette, and I’ll defend your right to buy a Bitcoin," the JPMorgan Chase CEO told attendees. However, he added that he would personally never buy Bitcoin. "I do think it’s a risk if you are a buyer when governments look at all this stuff, why do they put up with it?" he said.
In light of bitcoin's price reaching a new all-time high above the $72,000 mark this week, Dimon suggested that the recent surge should prompt investors to pause. He then hinted that the market could be witnessing a bubble and that bullish buyers might overlook these signals. “I’m not so sure the world is that safe, or a risk-free place,” he added. 
Possibility of a Fed rate cut in 2024
Bitcoin 
$72,067.77See Details's surge, fueled by the introduction of spot ETFs, is occurring amidst market expectations of lower interest rates sometime this year.
According to the CME's FedWatch tool, interest rate traders are betting that the Fed will hold rates steady in March and May before making its first possible cut in June. However, at the Australian summit, Dimon said he favored the U.S. central bank waiting until later in the year before implementing a rate cut cycle.
"You can always cut it quickly and dramatically," Dimon said. Referring to the Federal Reserve's recent monetary policy decisions, he added, "their credibility is a little bit at stake here, I would even wait past June and let it all sort it out."
The JPMorgan chief said that any decision should be data-driven, warning that inflation may be stickier than expected and that rates could remain higher for longer.
SEE CRYPTO INDICES 
The February U.S. Consumer Price Index (CPI) report suggests inflation is still stubbornly high, which could hinder the Fed's willingness to begin cutting rates.
The CPI increased faster than expected last month, with the year-over-year pace up to 3.2% versus estimates for 3.1% and January's 3.1%. The core rate, which strips out food and energy costs, also came in hotter than expected, with the U.S. Bureau of Labor Statistics data showing a core rate of 3.8% against expectations of 3.7%.
Every month, core CPI rose 0.4%, ahead of expectations of 0.3%, and showed no change from January's 0.4%. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% on a seasonally adjusted basis in February after rising 0.3% in January.
Bitcoin holds above $72,000
The bitcoin price has rallied to a record high to hold above the $72,000 mark. Over the past month, the price of the digital currency has surged more than 40%.
However, in the past 24 hours, bitcoin's price increased by a muted 0.04% and was changing hands for $72,061 at 8:49 a.m. ET, according to The Block's Price Page.
The GM 30 Index, representing a selection of the top 30 cryptocurrencies, has increased by 0.45% to 157.01 in the past 24 hours. Bitcoin dominance is at 49.9%, and Ethereum dominance is at 17%, according to CoinGecko data.

Bitcoin holds above the $72,000 mark. Image: The Block.

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Bitwise Asset Management’s Chief Investment Officer Matt Hougan shared his views on the increasing interest and acceptance of spot Bitcoin Exchange-Traded Funds (ETFs) during an appearance on CNBC’s ‘Halftime Report’ program. The CEO emphasized the inflow to these funds, particularly in response to the question of what a Bitcoin ETF is. His views came at a time when Bitcoin had reached an all-time high of approximately $72,800, defying expectations.
Growing Investor Interest in Bitcoin ETFs
CNBC reporter Bob Pisani highlighted that following the launch of 10 new spot Bitcoin ETFs, including Bitwise’s own BITB, which brought in $1.3 billion, the market experienced an unprecedented influx of about $20 billion. This movement has attracted a wide range of investors to Bitcoin, significantly expanding the investor base from individual investors to registered investment advisors, hedge funds, and venture capital funds.

According to Hougan, there is a growing and diverse demand to turn to BTC through these ETFs. Hougan also noted that “the initial buyers were individual investors and registered investment advisors, but hedge funds, venture capital funds, and others are also showing interest.”
Hougan pointed to the potential for significant expansion in the investor base for Bitcoin ETFs in the near future. He anticipates that major asset management platforms like Morgan Stanley and Wells Fargo will open up to these ETFs, which he predicts will be a significant turning point in cryptocurrency investment, saying:
“We think that soon platforms like Morgan Stanley and Wells Fargo will enter these ETFs, and we even observe companies lining up to join these funds. These developments mean that many doors are opening, though not all. However, in the coming weeks or months, or even shortly, we expect to start seeing these major brokerage firms allow investments in Bitcoin ETFs. This means that advisors may find it beneficial to add a small amount of Bitcoin to their clients’ overall portfolios.”
Striking Comments Focused on 2024 Bitcoin Price
While explaining what a spot Bitcoin ETF is, Hougan stated that ETF buyers are long-term investors, which signifies a significant transformation in the perception and accessibility of Bitcoin as an investment tool.
The expanding investor base, initially dominated by individual and institutional investors, is now broadening to include major asset management platforms and their clients. According to Hougan, this transformation could increase the capital flow to Bitcoin ETFs, thereby strengthening the integration of BTC into mainstream investment portfolios.
Addressing concerns about Bitcoin’s well-known volatility, Hougan argues that Bitcoin is currently in a price discovery phase. Emphasizing the maturity of investors in this space, he comments:
“If you exclude GBTC, investors turned to BTC when the price dropped from $50,000 to $39,000. They continued to turn to BTC up to the $72,800 level. This consistent investment behavior, despite volatility, reflects a strong belief in the long-term value of Bitcoin. They are consistently investing in Bitcoin, and this gives me confidence in their permanence. I believe most of the investors are long-term players in this space.”

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Token inflation is an extremely important factor affecting price, and this week a popular altcoin will undergo a significant unlock event. We have seen in the past that such large unlock events have led to significant negative outcomes on prices. So, what are the possible price targets? Which altcoin will unlock when?
Arbitrum (ARB) Token Unlock
On Saturday, March 16, Arbitrum (ARB) will unlock tokens worth approximately $2.1 billion, representing about 76% of its circulating supply. With 1.11 billion ARB tokens entering circulation, price fluctuations are likely. Of the new supply, 675 million tokens, equivalent to $1.44 billion, will go to the team and advisors. The remaining $937 million will be distributed to investors.

Moreover, as you can see in the table above, the circulating supply will continue to grow rapidly after this unlock event. By the end of 2024, the total circulating supply will reach 3.7 billion.
Considering the current circulating supply is 1.275 billion, the supply will triple in 9 months. If the unit price remains the same, this means the market value will have to climb from $2.6 billion to $7.5 billion. But can ARB’s market value exceed $7 billion as the supply rapidly increases? Time will tell, and how the Arbitrum team can stimulate demand faster than supply growth is a matter of curiosity.
ARB Coin Price Prediction
Arbitrum (ARB), the largest layer2 solution in terms of total value locked on the network, is trading at $2.07 as of the time this article was prepared. The altcoin, which has not been able to sustain above $2.15, is now gathering strength for a bigger historical peak. With BTC above $69,000, the price is holding above $2.

The potential impact of increasing inflation on price is downward. If there is also a softening in the general market sentiment, ARB Coin could significantly diverge negatively during this period. In the event of a pullback, the price can retreat to levels of $1.52 and $1.06 with closures below $1.73.
Of course, nothing is certain in cryptocurrencies, and Arbitrum could continue its rise with a significant move that makes the new supply entering circulation forgettable. Or it could turn the process in its favor with a last-minute unlock postponement like DYDX did.
#Write2Earn‬

Bitcoin is in the spotlight of speculations for its impending halving event. Insights from experienced analyst Michaël van de Poppe have presented us with three intriguing scenarios, with a keen focus on the expected $100,000 mark.
#Bitcoin establishes a momentum of where a new all-time high has been achieved.

Ultimately, the halving is approaching in six weeks time.

Question will be: $100K pre-halving or after halving or correction is on the horizon and altcoins to shine?

Let's see. pic.twitter.com/h5zOy7JIC3— Michaël van de Poppe (@CryptoMichNL) March 9, 2024
Scenario 1: The Spectacular $100,000 Run of Bitcoin
Van de Poppe draws his first scenario where the Bitcoin price rises spectacularly to above $100,000 before or immediately following the halving. This scenario manifests a dramatic bull run, likely to further the upward dynamics in the crypto sphere.
Scenario 2: High Consistency at Present Figures
The second scenario imagines a much gentler and steady progress in Bitcoin’s price, and this would be much welcome to those investors who are anticipating a balanced market movement. This situation shows a long period of continuous growth which will attract investors who are searching for a stable portfolio.
Scenario 3: The Retraining Part
Nevertheless, the third scenario allows bringing a bit of caution, mentioning the possibility of a correction period. According to Van de Poppe, support levels are set at $52,000 and $45,000. He recommends investors stay cautious and pay attention to the trends in case of a pullback.
Significance of Bitcoin Halving
The forthcoming 18th of April 2024 fourth Bitcoin halving reduces mining reward to 3.125 coins per block. The halving, one time every four years, is targeted to stabilize the coin supply, historically bringing about positive price motions. However, the decreasing severity of these big price movements with every halving creates uncertainty about the future consequences for miners, which could result in a process of industry consolidation.
The experts estimate the rise up to $125K in 2025 and even $360K by 2030. Factors like the growing institutional interest or an expectation of the approval of spot Bitcoin ETF options are predicted to surge the price because of continuous investment and price appreciation.
Van de Poppe’s followers have shown optimism about Bitcoin’s mid-term prospects and in addition, they are eager to see growth before the halving that will follow the retracement of the price at $70,000 and above, which shows the uncertainty that the bulls and bears are facing.
The past few days have seen the market rallying noteworthy, with Bitcoin’s price reaching an impressive $69,990. 
Experts’ views for the upcoming next year and beyond are quite optimistic. While some analyst predicts that Bitcoin will hit $125,000 in 2025 and some believe BTC to surge up to $360,000 in 2030. Elements like the entering of institutional investors and the possible approval of spot Bitcoin ETF Options are predicted to be a probable source of this price growth.
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This action highlights increasing global concern over the project’s use of an “orb” for personal data collection.
Worldcoin’s plan, controversial for its privacy and biometric data ethics, has alarmed multiple countries.
Worldcoin’s Controversial Biometric Data Collection
The Spanish data protection authority, AEPD, has explicitly demanded that Worldcoin immediately stop collecting personal data from individuals in Spain. Additionally, the regulator has instructed the cessation of any further use of data that has already been collected. The AEPD’s directive underscores growing digital privacy concerns amid new technologies.
Spain blocks Sam Altman’s eyeball-scanning venture Worldcoin https://t.co/THiU9YX0QC— Financial Times (@FT) March 6, 2024

One of the AEPD’s critical apprehensions involves the potential for minors to interact with Worldcoin’s technology. Last year’s concern led to new age verification tests in the project to prevent underage users’ exposure. Despite efforts, Spain’s actions show wider reluctance toward fast, invasive data collection, particularly with biometric info.
More About Worldcoin
Worldcoin’s proposition, spearheaded by Sam Altman, aims to revolutionize the way personal identification and financial transactions are conducted in the digital era. Worldcoin aimed to securely verify identities through “orb” eyeball scans for safer, efficient crypto transactions. The project’s data handling has sparked debate on privacy, consent, and ethics in biometric data use.

Spain’s AEPD action reflects a trend of regulators scrutinizing tech firms handling sensitive data. It highlights the need to balance innovation with privacy protection and fundamental rights
Worldcoin must navigate data protection laws carefully to not compromise user privacy and trust.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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Manta Network crypto staged a comeback on Tuesday and surged nearly 12% at the time of writing. The bulls are holding higher, which may add more gains by the end of the session. The price surge has recovered the losses incurred in the last couple of sessions.
Moreover, the recent price jump in intraday could not help the price break out of the range. However, the intraday surge has driven the price near the previous supply zone. The MANTA crypto may register a breakout if it resumes on the higher side with momentum.
The overall crypto market sentiments are optimistic. Bitcoin and Ethereum are headed towards their record highs which is taking along other cryptocurrencies.
At the time of writing, MANTA crypto was hovering near $3.07, recording an intraday gain of over 12%. It has a live market capitalization of nearly $764.36 Million and ranks 115th in the overall crypto market.
It has a circulating supply of 251 Million tokens against a total supply of 1 Billion MANTA tokens.

Source: CoinMarketCap
Bulls Or Bears: Who Will Dominate the Trend? 
The short-term trend outlook is sideways as the MANTA crypto price has been hovering back and forth, leading to a consolidation. 
The consolidation has been month-long and may register a breakout or breakdown soon. The bulls and bears are in a tough fight to claim their dominance over the short-term trend.
Moreover, the long-term trend outlook lies on the bullish side as the price hovers above the recent swing low. Fresh upside moves may be observed on the charts if the crypto breaks out of the recent supply of the $3.2 level. 
If the buyers break and sustain above the recent supply of $3.2 level, it may validate the termination of a correction phase and a new bullish wave may drive the price to the higher supply levels of $4 and $5.
Manta Network Price Technical Analysis
At the time of writing, the MACD line and signal line were placed below the zero line suggesting a bearish trend prevailed. Also, a positive crossover of both the lines was observed over the charts indicating the early signs of a breakout. 
Manta Network Crypto Prediction March 2024

MANTA/USD Chart by TradingView
The bullish price prediction of Manta Network crypto for March shows that the MANTA crypto may experience a short-term bull run if the buyers break and sustain above the recent supply level of $3.2.
On the higher side, $4 and $5 may be the next possible targets if the buyers can register a breakout. 
Manta Network Price Prediction 2024
The price forecast for the year 2024 highlights that the MANTA token price could reach a high of $6.65, suggesting a potential gain of over 118.7%. Moreover, the bearish outlook of the analysts is that the price could reach $4.97 by the year’s end.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. 

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Nexo’s Dubai entity, Nexo DWTC, has been awarded initial approval by Dubai’s Virtual Assets Regulatory Authority (VARA) for “Virtual Asset Lending & Borrowing, Management & Investment, and Broker-Dealer” activities. This milestone positions Nexo as one of the first digital asset lending institutions to enter the Dubai market. Upon full licensing, Nexo’s services will be integrated into its platform, adhering to the United Arab Emirates (UAE) regulatory framework and available to users via mobile and web access.
Dubai has become a hub of financial innovation and entrepreneurship and continues to shape the future of finance with progressive regulations and a culture of innovation. The UAE, known for its adoption of advanced technologies like blockchain, is home to top financiers, tech pioneers, and visionary companies.
“From the UAE, the global leader for vision, governance, and innovation, Nexo aims to contribute to the regional ecosystem through pioneering lending, brokerage, management, and investment solutions. Nexo is enthusiastic about the pursuit of new market strategies aligned with the transformative guidance of Dubai’s Virtual Asset Regulatory Authority,” says Kalin Metodiev, CFA, co-founder and managing partner at Nexo.
Since launching its blockchain strategy in 2016 and establishing VARA in 2022, Dubai has reinforced its position as a global center for digital asset innovation. Nexo, with a user base of 7 million, views the Dubai market as crucial to its regional expansion and commitment to offering premium services.

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Bitcoin, the leading cryptocurrency, has achieved a new all-time high, surpassing the $69,000 threshold. This achievement marks a significant turning point that beckons elevated price targets for Bitcoin.
Market Optimism Propels Bitcoin Value
The recent authorization of spot Bitcoin ETFs by the SEC on January 10th played a crucial role in the price surge. This decision boosted Bitcoin’s credibility and investment appeal, leading to a swift and optimistic market response. From the low point in November 2022, Bitcoin had already indicated a recovery, with prices rising from $15,400, hinting at an end to the bearish trend. The new year brought heightened anticipation as the market awaited the SEC’s stance on spot Bitcoin ETFs.
After the ETFs’ approval, Bitcoin’s valuation, already on an upswing and trading above $40,000, soared to $49,000 before a sharp dip to a support level of $41,500, which analysts labeled as a “sell the news” phenomenon. However, contrary to the skeptics, the newly approved investment vehicles saw remarkable success, leading to increased institutional interest, and Bitcoin’s price quickly recovered, maintaining its bullish trajectory.
Rallying Towards Uncharted Territory
Bitcoin’s new record price suggests the potential for one of its most substantial bull markets. The lack of significant resistance suggests continued upward momentum. Experts have speculated on Bitcoin reaching even loftier heights, such as $100,000 by the end of 2024 and potentially $200,000 by 2025.
While future regulatory actions and economic factors are likely to influence Bitcoin’s future valuation, the current market conditions have undoubtedly shifted the landscape for Bitcoin and the broader cryptocurrency community, setting the stage for an exciting era of growth and possibility.

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While a new ATH was expected in Bitcoin, $ 68,000 was exceeded last night. However, BTC subsequently made a sharp correction and fell to $65,000.
In addition to the new ATH, a halving event is also expected for BTC, which recovered afterward and was at $66,000 at the time of writing.
Although halving is seen as an important upward catalyst for Bitcoin price, it also has a different aspect for miners.
Because with the halving, the reward miners will receive is halved, and miners need to be planned to survive.
At this point, according to Coindesk, Fidelity Digital Assets said in a recent report that Bitcoin investors have historically welcomed the halving event with the expectation that prices will rise even further, but miners do not feel the same.
Pointing out that miners' rewards will be halved with the halving, Fidelity analysts said that TC miners should constantly plan the halving event, which reduces the Bitcoins they earn by 50% to avoid the risk of bankruptcy.
Fidelity analyst Daniel Gray stated the following in the report:
“Miners not only have to maintain their current hash rate, energy, and real estate, but they also have to be in constant competition with the entire network trying to do the same.Miners must constantly strive to obtain more hashrate, improve the efficiency of their hashrate, obtain lower-cost energy from cheaper sources, and expand their infrastructure to accommodate new machines.Because the months after the halving are the most difficult months.While past halvings have seen weaker miners disappear, Bitcoin and the cryptocurrency industry have subsequently rebounded with more miners and hashrate stronger than ever before, demonstrating the resilience of the network and industry.”
*This is not investment advice.

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The predicted decline in Dogecoin’s (DOGE) popularity and the consequent investor shift to Option2Trade (O2T) underscores the dynamic nature of the crypto market. As investors continue to gravitate towards tokens that offer a blend of growth potential and innovative solutions, Option2Trade (O2T) stands out as a compelling choice for those looking to navigate the future of cryptocurrency investment successfully.
The Decline of Dogecoin (DOGE): A Shift in Sentiment
Dogecoin (DOGE), once hailed as the people’s crypto for its community-driven rise and meme-based appeal is now facing predictions of a decline. Analysts cite several factors contributing to this shift, including market saturation with meme coins and a growing investor appetite for tokens offering tangible utility and innovation. This changing sentiment underscores the volatile nature of cryptocurrency popularity, where investor preferences evolve in search of both stability and significant growth potential.
Rising Star: The Emergence of Option2Trade (O2T)
Amidst the shifting sands of crypto preference, Option2Trade (O2T) emerges as a beacon for investors. With its promise of up to 500x returns, Option2Trade (O2T) is not just another token in the crowded crypto space; it represents a new era of investment opportunities. Option2Trade (O2T) offers a wide range of asset classes, including Forex, cryptocurrencies, stocks, commodities, and indices, making it a versatile platform that caters to a diverse group of traders. This versatility is a key factor drawing investors from Dogecoin (DOGE) to Option2Trade (O2T), as it enhances the user experience and supports the creation of diversified portfolios.
The Allure of Option2Trade (O2T): Beyond the Hype
What sets Option2Trade (O2T) apart from other tokens, including Dogecoin (DOGE), is its focus on leveraging technology to offer innovative trading solutions. The platform’s commitment to providing access to a variety of asset classes and its emphasis on social trading groups allows traders to not only diversify their portfolios but also engage with a community of like-minded individuals. This strategic approach to trading, combined with the potential for significant returns, positions Option2Trade (O2T) as an attractive investment option, far beyond mere speculation.

Market Dynamics: Option2Trade (O2T) Gains Momentum
As Dogecoin (DOGE) investors begin to seek out new opportunities, the momentum behind Option2Trade (O2T) continues to build. The potential for 500x returns acts as a powerful incentive, but it’s the underlying value proposition of Option2Trade (O2T) that truly resonates with the market. By offering a platform that caters to various trading preferences and market conditions, Option2Trade (O2T) is well-positioned to capitalize on the evolving demands of crypto investors.
The Future Outlook: Option2Trade (O2T) Poised for Growth
The growing interest in Option2Trade (O2T) among former Dogecoin (DOGE) investors is indicative of a broader trend in the cryptocurrency market towards tokens that offer both substantial growth potential and practical utility. As analysts continue to predict a shift away from Dogecoin (DOGE) and towards more versatile and innovative platforms like Option2Trade (O2T), the future for Option2Trade (O2T) looks increasingly promising. With its strategic focus on diversification, community engagement, and leveraging technology for enhanced trading solutions, Option2Trade (O2T) is not just riding the wave of current market trends but is setting the stage for a new paradigm in crypto investing.
In the ever-changing landscape of cryptocurrency, market dynamics can shift dramatically, propelling new tokens to prominence while leaving others to fade from the spotlight. Recently, analysts have begun to forecast a significant shift in investor sentiment, predicting Dogecoin’s (DOGE) decline in popularity. This has led to a growing interest in Option2Trade (O2T), a burgeoning token with the potential for 500x returns, capturing the attention of investors seeking lucrative opportunities in the crypto market. 

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Bitcoin‘s price has soared, reaching unprecedented highs when measured in European currencies such as the Euro and Pound. The digital currency’s market capitalization has now eclipsed its previous peak in November 2021. Despite not breaching the $69,000 mark, the increase in Bitcoin’s circulating supply has propelled the market value to new heights, reaching a value of $67,000. This development has generated discussions among experts regarding the future trajectory of Bitcoin.
Comparative Market Assessment
A further ascent of 10% in Bitcoin’s market value could see it overtake Silver and rank as the eighth most valuable asset globally. Meanwhile, Shiba Inu (SHIB) witnessed a 54% surge, outperforming numerous altcoins and signaling a return to bullish market conditions marked by continuous price rallies.
Expert Predictions and Economic Indicators
Venturefounder from the on-chain analytics platform CryptoQuant has weighed in on the recent market trends, asserting that despite an exciting Monday, more challenges lie ahead within the week. Upcoming U.S. economic data, which includes employment and wage growth figures, could influence expectations related to the Federal Reserve’s interest rate decisions in 2024. Current sentiment suggests that if this week’s data is unfavorable, the belief that the Fed might not reduce rates could gain more supporters.
Keith Alan, co-founder of Material Indicators, has identified what appears to be a ‘Cup and Handle’ pattern forming on Bitcoin’s macro chart. This technical formation typically requires a pullback following a double top at the all-time high, regardless of the correction’s magnitude. Alan cautions traders, hinting that the market may not present a straightforward trading opportunity.
As trading commenced, BlackRock’s spot Bitcoin ETF, IBIT, surpassed $1 billion in trading volume. This is in contrast to Grayscale Bitcoin Trust (GBTC), which saw substantial outflows. However, GBTC’s outflows haven’t raised alarms as they represent early market entrants securing profits. Concerns would escalate if profit-taking were to intensify contrary to ETF inflows, but for now, the focus remains on the climbing demand.

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Bitcoin held steady over the weekend and, as of March 4 and the time of this article's publication, with a current value of $66.5K, it stands on the precipice of reaching its all-time U.S. dollar high of $68,991. 
This brings Bitcoin’s total market value to $1.31 trillion, or about a billion dollars more than all the Swiss Francs in circulation. If Bitcoin were a fiat currency, it’d be the 13th largest in the world by market capitalization.
Bitcoin around the world
As of the time of this article’s publication, there are a reported 19,644,462 bitcoins in circulation. Bitcoin has a technical limit of 21 million total but, due to the way mining rewards are calculated, it is unlikely to ever become 100% mined.
It would be impossible to predict the price of BTC going forward, but if we take a snapshot of where it is today, as it hovers around its previous all-time high, we can put the total global impact of Bitcoin into perspective.
Related: Bitcoin passes new all-time high in euros as price reaches $65K
There was a time when 10,000 BTC would get you a couple of pizzas. Today, a single BTC would buy nearly 1,000 shares in Papa John’s, the fourth largest pizza chain by market value, and the restaurant Laszlo Hanyecz’s famous pizzas came from.
At current market value, a holder with 10,000 BTC in their portfolio would have around $666.4 million and, technically, more global purchasing power than 97 existing countries.
This means there are only 12 fiat currencies with enough circulation to buy all the Bitcoin currency available.
China’s yuan leads the world with a market cap of 620,521,346 BTC and is closely followed by the U.S. dollar which has a circulation supply worth 597,177,334 BTC.
Things drop off quickly after that with the euro’s total market cap only worth about 242 million bitcoins. By the time you get to the number 12 spot on the list, just ahead of Bitcoin’s market cap, you have the New Taiwan Dollar, which has a total circulation worth a little more than 29 million Bitcoin.
Bitcoin market cap vs fiat
For perspective, there are approximately 2.7 trillion Icelandic Krona in circulation today. That’s just enough to buy about 80% of the existing supply of DogeCoin in the world. If the country of Iceland wanted to pool all of its Krona into Bitcoin, on the other hand, it could only lockdown about 1.5% of the current total supply.
Taking things a step further, if Bitcoin were to hit $100K per coin, based on current rankings, it would likely wind up somewhere between 7th and 8th on the list of most valuable fiat currencies by market cap. This would put it between the Indian rupee and the Canadian dollar.
At a million dollars a coin, Bitcoin would have a market cap of somewhere slightly below $21 trillion. At this hypothetical threshold, BTC would have a larger cap than any other fiat currency save the Yuan and the U.S. dollar.

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