I don't know which indicators and parameters you traders choose to enter future orders every day. Everyone has their own way of making different decisions. But in the long term, onchain data, utxo, mvrv ... statistics of transactions from all exchanges and whales reflect the market. Not only $BTC , but also the Total2 statistics including $ETH , Total3 including the remaining coins & #DominanceBTC all influence the movement of funds.
As for trading futures, before searching for which coin to decide to enter an order, I always check #LiquidationMap all time frames, along with #RSIHeatmap and #FundingrateHeatmap to observe and enter orders. These are also important data for your trading.
Louisiana's House of Representatives 🇺🇸 passed a bill to Protect People's 'Bitcoin Fundamental Rights' (by a unanimous vote of 103-0)
Louisiana is taking decisive steps to protect freedom regarding Bitcoin activity in the state. When implemented, this law will ensure clear protections for:
🛡️ Right to buy Bitcoin ⛏️ Your right to freely mine Bitcoin 🏦 The right to self-manage your digital assets 🛜 Freedom to operate Bitcoin node
Many states do not want to take risks, such as Texas, Wyoming, etc. and have started to introduce bills to protect residents' rights related to bitcoin, in case the White House and Congress pass laws that do not good for the market.
#SHIBA🔥 #bttc In just 14 hours, transactions amounting to 1.4 trillion SHIB were recorded. The transaction log shows a string of notable movements, especially from the hot wallets of major exchanges like Coinbase and Binance. One transaction from the Coinbase hot wallet transferred 36.3 billion SHIB, worth approximately $1.03 million. The timing of these large-scale movements coincided with an explosive recovery in the Shiba Inu. Currently, the Shiba Inu is moving in an uptrend, as suggested by the movement above the key moving averages. The reasons behind whale movements can be diverse. Some investors may reallocate their portfolios in anticipation of potential market events or news that could affect SHIB's valuation. Others may take profits after the recent price rally or redistribute assets to diversify their strategies. Large movements can also be preparatory, setting the stage for greater market volatility. #SHIBA🔥
According to Wu Blockchain: Chinese livestreaming company Inkeverse, listed in Hong Kong, announced on March 26 that its board of directors approved a $100 million budget to buy crypto on exchanges regulated and licensed.
The company will use existing cash funds to fund crypto purchases over the next five years, with purchases flexible based on market conditions. from the time of notification.
The funding represents 20% of Optimism's total seed supply and will be delivered over four rounds, starting in May until the end of 2024, to support developers and projects from a variety of sectors in Optimism's ecosystem.
This grant program is part of the Retroactive Public Goods Funding (RPGF) initiative, whose goal is to reward significant contributions to the development of Optimism. Encourage innovation and broad participation, towards a sustainable future for blockchain and crypto. #Optimism's
Gold mining company Nilam shares increased +1509% today after announcing its intention to buy 100% of the shares of a company established to hold 24,800 Bitcoin (about 1.7 billion USD) $BTC
The most interesting thing in the story of Kucoin being criminally sued is that the CFTC (Commodity Futures Trading Commission) took this opportunity to declare war on the SEC and said in the lawsuit that Ethereum is a commodity ⚔️... content war has begun.
Bloomberg - Eric Balchunas: Hong Kong 🇭🇰 will allow an in-kind model for the Bitcoin Spot ETF in the second quarter, which could help stimulate capital attraction and trading volume.
Just like in the UK, Hong Kong will launch a Bitcoin ETF. The in-kind model means they allow intermediary companies to hold Bitcoin instead of the SEC only allowing issuers (like BlackRock) to hold Bitcoin in the US (cash only).