We provide only technical based charts here for alts coins as well as btc - We believe in charts and TA. Not an Investment Advice - Do your Own RESEARCH always
🔔 Bitcoin spot ETFs came onto the scene in the United States earlier this year and got a lot of attention from investors right away.
Last week, over 600 financial institutions filed Form 13Fs with the SEC, reporting their investments in the instrument. A total of 563 management companies reported owning profiled shares, which added up to more than $3.5 billion.
🫱 Some of the big names in the industry included Morgan Stanley, JPMorgan, Wells Fargo, UBS, BNP Paribas and Royal Bank of Canada. Hedge funds Millennium Management and Schonfeld Strategic Advisors also shared their investment details.
🟢Millennium Management was the biggest investor in the bitcoin ETF. The company's current portfolio is estimated at $1.9 billion. About $844 mln was invested in IBIT fund, the issuer of which was BlackRock. Another $806 million went to FBTC from Fidelity.
🟢Schonfeld Strategic Advisors, which manages more than $13 billion, came in second. The company put about $479 million into spot bitcoin ETFs.
#Ethereum 🔹 price is moving towards the ceiling of the channel. This is the third time that the price will try to break out of the bullish flag formed in the daily time frame.
$ETH value relative to Bitcoin ($BTC 🪙 ) is currently declining, and the ongoing ETF approval process could significantly impact its future.
If the buyers continue to act strongly, the price of Ethereum can easily reach the $4110 again
Exchange #Binance 💥 Technical Analysis 💥 The price has decreased by more than 50% and it can start growing from these areas and reach its previous price ceiling. I hope you make a good profit.
The price moves between two levels of resistance and support. The break of the $0.12800 resistance zone has not happened yet. And due to the breaking of the dynamic support, there is a possibility of the price falling to the $0.08440 area. $CHZ
In recent times, numerous channels have been promoting dubious projects, often leading unsuspecting investors into scams. It's crucial to exercise caution and only invest in projects listed on reputable exchanges. Pay attention to the following when investing in any project :
1 / Credibility and Trustworthiness. 2 / Regulatory Compliance. 3 / Liquidity and Market Depth. 4 / Security Measures. 5 / Transparency and Accountability.
The allure of quick profits may be tempting. It's essential to prioritize safety and security when investing in cryptocurrency projects. Always conduct thorough research and stick to projects listed on reputable exchanges to mitigate the risk of falling victim to scams.🚀
$CKB is on the rise and reaching new highs, while also finding support above the 200EMA. Although the price is currently going through a correction phase, it's expected to break out of the trendline in the near future. We can consider entering a long position once it surpasses the $0.01817 level. It's anticipated that the price will then test the previous swing high.
I Wanted To Share Some More Important Info About Defi: Cross-chain Bridges
A cross-chain bridge is a DeFi instrument that lets you move crypto assets from one network to another.
Let's say you bought $ETH on a centralized exchange like Bybit and took it to Arbitrum and placed it in a liquid staking or re-staking. At some point, you spot a new opportunity on the Starknet blockchain.
🫱 It makes you wonder: how can I transfer my $ETH from Arbitrum to Starknet?
That's where cross-chain bridges come in.
You put your $ETH in Arbitrum, but you get it in Starknet.