More shares - more bitcoins?

MicroStrategy is putting to a shareholder vote a proposal to issue $10 billion in shares for new purchases $BTC .

Do you believe in this move?

⛏ As a result of the scheduled recalculation, the difficulty of mining bitcoin has reached an all-time high, exceeding 100 trillion hashes.

Although the average hash rate during the two-week calculation period slightly decreased to 680 EH/s, it is currently back above 720 EH/s.

21Shares Analysts Compared Ethereum to Amazon in the Early 90s

In a new study, analysts from 21Shares drew parallels between Ethereum and Amazon in the early 1990s. They noted that, like Amazon, which transformed many sectors, Ethereum is capable of offering revolutionary solutions to the market.

Experts emphasize that many investors on Wall Street still do not understand the true potential of the Ethereum network.

"Ethereum is a complex platform that promises huge opportunities but is not always easy to use"
— analysts believe.

Ethereum, which emerged in 2015, now supports decentralized finance with a capitalization of over $140 billion. Despite competition from Solana and other blockchains, Ethereum remains the leader in decentralized exchanges and lending.

There is a possibility that Ethereum will indeed meet investors' expectations in the near future...

🪙 Tether without blockchain

Tether's CEO Paolo Ardoino confirmed that the company does not intend to launch its own blockchain.
At the same time, Ardoino noted that several L2 solutions are exploring the possibility of using USDT for gas payments.

​​​​​​​​​​​​​​​​​​​​​​​💰 We are entering a SHORT position $SUI in the range of $1.879 - $1.926

Targets: $1.860, $1.841, $1.822

I will take profits in the following manner: 25% of the position at the first target, 50% at the second, and the remaining part at the third!

Solana continues to grow: investments increased by 54% according to Messari! 📊

In just the third quarter, 29 projects on Solana completed funding. The number of users paying fees grew by 109%, and the value of tokenized bonds on the blockchain $SOL reached $123 million, second only to Ethereum and Stellar.

☕️ Important news to know this morning

🟧 Yesterday, the net outflow from spot BTC-ETFs was -$54.94 million. The net outflow from spot $ETH -ETFs was -$10.93 million

🟧 21Shares submitted an S-1 application to the SEC for an XRP-ETF.

🟧 JPMorgan notes that the revenues and profits of $BTC miners are falling for the fourth consecutive month, with mining difficulty hitting a record high.

🟧 Tornado Cash co-founder Roman Storm will appear in court on charges of money laundering and sanctions violations only in April 2025, as the court proceedings have been postponed.

🟧 Tether will launch a dirham (UAE)-backed stablecoin on $TON .

$MKR § #Long

The trading is occurring in a global, very prolonged but rather narrow descending channel. It is also important to note that the buyer's interest area was quite substantial and has already been absorbed in the zone of the divergence level of global support at $1.054, and after this zone, we see a buyback + the buyer's sentiment is only increasing according to the indicators.

Maker (MKR) – is a utility and governance token for MakerDAO and Maker Protocol, which are projects based on the Ethereum blockchain. The Maker project started in 2014. The author and inspirer is Danish entrepreneur Rune Christensen. This is one of the first projects in the DeFi space.

Target 🎯 : $1.632 global resistance level for profit fixation of global volumes

Stop 🛑 : $1.1493 took with 6 leverage, by the way, you can also set up a spot trade, whatever is convenient.

🇺🇸 A bunch of data is coming out in 10 minutes, will we shake the market?

☕️ Important news to know this morning

🟧 Analysts reported a critical vulnerability in the frontend of 1inch.

🟧 Canary Capital filed a request with the SEC to launch the $SOL -ETF.

🟧 Kraken conducted a series of layoffs (15%), and board member Arjun Sethi took the position of CEO.

🟧 Reddit sold off a large portion of its crypto assets in the third quarter of 2024.

🟧 Former FTX executive Nishad Singh avoided prison time after cooperating with authorities regarding the exchange's collapse, receiving only probation.

🟧 Blogger MrBeast is under suspicion for insider trading, misleading investors, and using influence to promote tokens followed by selling them in the market.

The cryptocurrency exchange Coinbase has partnered with Visa so that customers from the USA and EU can buy cryptocurrency with debit cards.
Visa Direct will ensure instant and secure transfers of digital assets.

And again we have a pin bar, upon the confirmation of which we can refresh the highs again!
$INJ

All 100% of the existing $BTC addresses are in profit – data from IntoTheBlock

Probably the only coin where everyone is in profit (except for short sellers).

Tether CEO Paolo Ardoino responded to the WSJ publication by saying that US authorities could destroy the company if they deemed it necessary.

However, Ardoino noted that Tether is not under investigation, and the company complies with all international sanctions and compliance standards.

👀 Mistake or missed opportunity?

I came across a post from 13 years ago, the post says: "bitcoin dropped to 2.7$ - I'm glad I didn't buy this crap"

Crap that will fuck this guy up for the rest of his life! 🫠

☕️ Important news you need to know this morning

🟧 $BTC > $70,000, for the first time in over 4 months.

🟧 Bitfinex analysts believe that BTC may reach a new all-time high after the US elections.

🟧 Trump's World Liberty Financial is set to launch its stablecoin.

🟧 The CEO of Tether stated that the company complies with international sanctions and closely collaborates with law enforcement, but acknowledged that they are ultimately under the authority of US authorities.

🟧 The Hong Kong Stock Exchange (HKEX) will introduce price indices for $BTC and $ETH next month.

☕️ Important news to know this morning

🟧 Vitalik Buterin announced the sale of $ETH Foundation: “We fund developers who prevent the loss of 5 million ETH per year, provide low fees, and transactions under 30 seconds.”


🟧 FTX settles lawsuit against Bybit exchange for $228 million.

🟧 Fee revenue $SOL managed to reach $25.73 million in a week, ahead of Ethereum with $23.28 million.

🟧 Tether now owns 82,454 Bitcoin worth $5.55 billion.

🟧 Hong Kong says more crypto exchange licenses will be issued by the end of 2024.

🟧 Japanese Metaplanet bought another 156.78 $BTC on balance.

Morning market condition

The market is in the red today, most alts are red. $BTC is currently trading around $64,300, $ETH is trading around $3,180. The amount of liquidations over the past 24 hours has reached $228 million.#

Bitcoin dominance: 56.09%;
Fear and Greed Index: 52 (neutral);
Altseason index: 20;
Market capitalization: $2.26 trillion
#сигналы

$ETH - we continue to stand still🔽🔼
There is no true buyer reaction from the Fibo correction zone yet, which means that we will see a deeper correction📉

At a minimum, we can now fall to $3.100, where the daily MA200 and the 78.6% Fibo correction level are located.
Here the buyer can take the initiative into his own hands and bounce up. Only in this case, the previously noted scenario will remain in force, where ETH will continue to grow, first to $4,200, and then to $4,600🔼

👀Let's see, ETFs should be launched by July 15, before that time we may fall, and then purchases and price increases may begin.