#BitwiseBitcoinETF The Bitwise Bitcoin ETF (ticker: BITB) is an exchange-traded fund that provides investors with exposure to Bitcoin by holding Bitcoin directly. This structure allows investors to gain Bitcoin exposure without the complexities of managing digital wallets or dealing with cryptocurrency exchanges.
As of December 28, 2024, BITB is trading at $51.42, reflecting a slight decrease of 1.10% from the previous close. The fund's intraday trading has ranged between a high of $53.00 and a low of $50.77.
In addition to BITB, Bitwise offers other cryptocurrency-related investment products, such as the Bitwise Crypto Industry Innovators ETF (ticker: BITQ). BITQ focuses on companies that are pivotal to the cryptocurrency and blockchain sectors, including crypto mining firms, hardware providers, and service providers.
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As of December 22, 2024, Bitcoin (BTC) is trading at approximately $96,797, reflecting a slight decline from the previous close.
Recent market movements have been influenced by macroeconomic factors, including the Federal Reserve's monetary policy decisions. Bitcoin's price fell below the $100,000 threshold following indications of a more hawkish rate outlook, which has weighed on crypto markets.
Looking ahead, various analysts have provided forecasts for Bitcoin's future value:
2025 Predictions: Some experts anticipate Bitcoin reaching up to $200,000 by 2025, citing increased institutional adoption and favorable market conditions.
2030 and Beyond: Long-term projections are more varied. For instance, Fidelity's Director of Global Macro, Jurrien Timmer, has suggested that Bitcoin could reach $1 billion per coin by 2038-2040, based on models like Metcalfe's Law.
It's important to note that cryptocurrency markets are highly volatile, and such predictions should be approached with caution. Factors such as regulatory developments, technological advancements, and macroeconomic trends can significantly impact Bitcoin's future performance.
For the most current information, it's advisable to consult real-time financial news sources and consider multiple perspectives when evaluating Bitcoin's outlook.
#MarketCorrectionBuyOrHODL The decision to "Buy," "Hold," or "HODL" during a market correction depends on your individual investment strategy, risk tolerance, and financial goals.
Buy: If you believe the market correction is temporary and prices will rebound, buying assets at a lower price can allow you to potentially benefit from future gains. However, this requires a careful assessment of market conditions and your ability to stomach short-term volatility.
Hold: If you have a long-term investment perspective and are comfortable with the ups and downs of the market, holding your investments might be a prudent choice. This strategy avoids the risk of timing the market incorrectly when trying to buy during a correction.
HODL (Hold On for Dear Life): This is a strategy for those who believe in the long-term potential of their assets and are willing to withstand short-term market fluctuations. It involves not selling during a correction, believing that the market will eventually recover and provide returns over the long term.
Each strategy comes with its own set of risks and rewards, so the best choice depends on your personal circumstances and how much risk you are willing to take on.
The milestone of Binance indicates that the number of registered users on the Binance cryptocurrency exchange has reached 18 million. This is a significant achievement for Binance, as it highlights the growing adoption and popularity of its platform among cryptocurrency users worldwide. The increase in user numbers reflects the broader trend of cryptocurrency adoption and the continued expansion of the digital asset market.
We are at the same position like last cycle❗ We had the top in btc dominance ,then after that we had the second rise and forming lower high. And by history starting from next week btc dominance will crash and prepare altcoin for #altseason. But before that , in order for that to happen: In every cycle #Bitcoin first drops hard , arround 30% alts drop 50% and then ALTSEASON STARTS
$BTC Bitcoin's price movements are heavily influenced by a range of factors, including regulatory news, technological advancements (e.g., the Lightning Network), and general market sentiment. Reaching a price like $101,000 would be considered a significant milestone, as Bitcoin has previously seen all-time highs near that range (e.g., hitting just over $69,000 in November 2021).
Bitcoin's price movements are heavily influenced by a range of factors, including regulatory news, technological advancements (e.g., the Lightning Network), and general market sentiment. Reaching a price like $101,000 would be considered a significant milestone, as Bitcoin has previously seen all-time highs near that range (e.g., hitting just over $69,000 in November 2021).
#2024WithBinance Bullish Predictions: Optimistic forecasts suggest BNB could rise to $700-$1,000 by the end of 2024, driven by its utility in the Binance ecosystem and broader crypto market recovery. This assumes resolution of regulatory issues and increased adoption of Binance services.
#ETHOnTheRise Ethris has created a new path from genes to therapeutic proteins using its proprietary, non-immunogenic messenger RNA (SNIM mRNA) and lipidoid nanoparticle (SNaP LNP) technology platforms to discover, design and develop innovative therapies and vaccines.
As an mRNA pioneer for more than a decade, our technologies enable the delivery of highly potent mRNA-based drug products precisely to multiple organs, including directly to the upper and lower respiratory tract via inhalation.
Ethris’ differentiated platforms produce drug candidates with superior thermostability, resistance to mechanical manipulation and are nebulizable at high throughput, without change in biophysical properties or potency.
$ETH ETH, or Ether, is the native cryptocurrency of the Ethereum blockchain, which is one of the most prominent and widely used blockchain platforms in the world. Here's a quick breakdown:
What is Ethereum?
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was proposed by Vitalik Buterin in 2013 and went live in 2015. Ethereum extends the functionality of blockchain beyond simple transactions, allowing developers to build programmable applications.
What is Ether (ETH)?
Ticker Symbol: ETH
Purpose: Ether is used primarily as:
1. Fuel for transactions: Users pay gas fees in ETH to process transactions or execute smart contracts on the Ethereum network.
2. Store of value: Many people hold ETH as an investment.
3. Collateral and utility: ETH is widely used in Decentralized Finance (DeFi) protocols, staking, and Non-Fungible Tokens (NFT) ecosystems.
#AltcoinMomentum The term #AltcoinMomentum likely refers to the growing interest, price action, or market activity in alternative cryptocurrencies (altcoins), which are any cryptocurrencies other than Bitcoin. This could be related to a trend where certain altcoins are gaining popularity due to factors like technological advancements, community engagement, partnerships, or broader market sentiment shifts.
$BNB BNB (Binance Coin) is the native cryptocurrency of Binance, used for trading fee discounts, transaction fees on Binance Smart Chain (BSC), and DeFi applications. It started as an ERC-20 token in 2017 but later moved to Binance Chain. BNB’s supply reduces over time due to regular token burns, aiming to make it deflationary. It powers Binance’s ecosystem, including staking, payments, and token launches, and is one of the largest cryptocurrencies by market cap.
#MarketBuyOrHold? "MarketBuyOrHold" is not an official Binance feature but could refer to a trading strategy or user terminology. However, on Binance, you can use Market Orders and other types to execute trades effectively:
1. Market Orders: These are executed immediately at the current best available price. They're useful for fast transactions but may be impacted by slippage (price differences due to market conditions)【8】【9】.
2. Hold Strategy: This aligns with the broader "HODL" approach in cryptocurrency, where investors buy and hold assets over time rather than trading actively. This strategy is often used in volatile markets to focus on long-term gains【9】【10】.
3. Trading Tools on Binance: Binance offers tools like limit orders, stop-limit orders, and advanced combinations (e.g., OCO—One Cancels the Other). These allow traders to automate and optimize trades based on market conditions【8】【9】【10】.
If you'd like guidance on using these tools or terms in detail, let me know!
Bitcoin (BTC) is the first and most widely known cryptocurrency, created in 2009 by an anonymous individual or group known as Satoshi Nakamoto. It operates on a decentralized peer-to-peer network, using blockchain technology to maintain a secure and transparent record of transactions without the need for a central authority like a bank.
Here’s a quick breakdown of key aspects of Bitcoin:
1. Blockchain Technology
Bitcoin’s blockchain is a public ledger that records all transactions ever made w
Binance is one of the world's largest cryptocurrency exchanges, known for its high liquidity, wide range of crypto assets, and advanced trading features. Founded in 2017 by Changpeng Zhao, Binance quickly became a leading platform for crypto trading due to its user-friendly interface, low transaction fees, and extensive list of supported digital assets. Headquartered initially in China, the company moved its operations to Malta following regulatory challenges, though it operates globally.