Happy Sunday! ❤️ Here's a recap of the top news from the crypto world this week:🔔 Bitcoin Surges: The price of #Bitcoin hits a peak of $64,496, stirring up the market.🔔 Elon Musk's Lawsuit: Musk takes legal action against Open AI and Worldcoin Co-founder Sam Altman, impacting Worldcoin's $WLD token.🔔 OKX Restrictions: OKX exchange initiates restrictions on Indian users, altering the landscape for crypto traders in the region.🔔 Coinbase Crash: Coinbase experiences a crash during Bitcoin's $64,000 peak due to overwhelming traffic, as explained by the CEO.🔔 Blackrock Ventures: Blackrock ventures into the Brazilian market with the launch of its spot $BTC ETF.🔔 Nigerian Fine on Binance: The Nigerian government imposes a hefty $10 billion fine on #Binance, escalating tensions in the crypto realm.🔔 BlackRock's IBIT ETF Success: BlackRock's IBIT spot Bitcoin ETF surpasses $10 billion in assets under management.🔔 RFK Jr.'s Pro-Bitcoin Stance: U.S. presidential candidate RFK Jr. emphasizes the significance of transactional freedom through #BTC.🔔 FTX Claims Window: FTX introduces a claims window for its users, enhancing user experience and transparency.🔔 Vanguard Leadership Change: Vanguard CEO Tim Buckley steps down, marking a transition in leadership.🔔 Telegram Ad Revenue Sharing: Telegram announces a new ad revenue-sharing model for channel owners, distributed in $TON tokens.🔔 Hong Kong Crypto Regulations: Hong Kong ceases accepting license applications from crypto exchanges, signaling closures for noncompliant platforms.🔔 Stablecoin Hacker Return: The Seneca stablecoin hacker returns over $5 million in $ETH after a 20% bounty announcement.🔔 Floki Inu Supply Reduction: Floki Inu developers propose burning $11 million worth of $Floki, reducing the circulating supply significantly.🔔 Shido Blockchain Exploitation: Layer-1 blockchain Shido faces an exploitation incident leading to a loss of $35 million.Stay tuned for more updates next week! What a whirlwind of news in the crypto sphere! 🌐💰 #TrendingTopic #Portal #WIF #sol #MarkBTC $WLD $FLOKI

The previous day, #BTC hit a high of $69,000 and then quickly dropped by $10,000.What Happened?The cryptocurrency market saw its second-largest long liquidation, totaling $856.06 million. This big liquidation shows that many traders were taking on too much risk with borrowed funds and suffered significant losses.This event highlights the importance of being careful with borrowing money for trading and setting limits to protect against losses.For those who are not familiar with borrowing for trading, it's safer to focus on buying and holding assets directly rather than using borrowed funds. High levels of borrowing can lead to big losses, especially when the market is very active.Remember, it's essential to manage risks wisely for successful trading. Stay informed, trade responsibly, and safeguard your investments! 💰📉 #TrendingTopic #BTC #MarkBTC #SnEmroz $BTC $ETH $WIF

Hey there, folks! Today, let's dive into the world of Ethereum and explore the differences between investing in Ethereum ETFs and directly buying Ethereum itself. If you're wondering which option is better for you, well, sit tight because we're about to break it down for you in simple terms!### Ethereum ETFsWhat are Ethereum ETFs?Ethereum ETFs are like baskets of different cryptocurrencies, with Ethereum being a major component. When you invest in an Ethereum ETF, you're essentially investing in a fund that holds Ethereum along with other assets.Pros of Ethereum ETFs:1. Diversification: You get exposure to not just Ethereum but also potentially other cryptocurrencies, spreading your risk.2. Convenience: Investing in ETFs is often easier and more accessible for those who may not want to deal with the technical aspects of owning and storing cryptocurrencies.Cons of Ethereum ETFs:1. Fees: Managing an ETF usually incurs management fees, which can eat into your returns.2. Less Control: With an ETF, you're relying on the decisions of the fund manager, which may not always align with your investment goals.### Buying Ethereum DirectlyWhat is Buying Ethereum Directly?When you buy Ethereum directly, you're purchasing the actual cryptocurrency itself and holding it in a digital wallet or on a cryptocurrency exchange.Pros of Buying Ethereum Directly:1. Ownership: You have full control and ownership of your Ethereum, allowing you to use it however you wish.2. Potential Returns: If Ethereum's price goes up, you directly benefit from the appreciation.Cons of Buying Ethereum Directly:1. Security Concerns: You are responsible for safeguarding your own Ethereum, which can be risky if not done properly.2. Volatility: The price of Ethereum can be highly volatile, leading to potential big swings in the value of your investment.### So, Which One is Better?In the end, the choice between Ethereum ETFs and buying Ethereum directly really depends on your investment preferences, risk tolerance, and knowledge of the crypto market. If you prefer a more hands-off approach with some diversification, an Ethereum ETF might be for you. On the other hand, if you want full control and potential higher returns, buying Ethereum directly could be the way to go.Remember, investing in cryptocurrencies carries risks, so make sure to do your own research and consider your financial goals before diving in!Hope this helps shed some light on the topic! If you have any more questions, feel free to ask away! 🚀🌟#TrendingTopic #ETH $ETH #MarkBTC #ETHETF

📊 Comparing Bitcoin's Market Cap with Top Players 💰

🌟 Current Market Cap Data:
1. Gold: $14.678 trillion
2. Microsoft: $3.018 trillion
3. Apple: $2.636 trillion
4. Nvidia: $2.188 trillion
5. Saudi Aramco: $2.062 trillion
6. Amazon: $1.821 trillion
7. Google: $1.688 trillion
8. Bitcoin: $1.408 trillion

🔍 Bitcoin's Market Cap in Perspective:

To surpass the leading player, Gold, valued at $14.678 trillion, Bitcoin would need to see a significant surge. The gap to bridge is substantial, currently standing at $13.27 trillion.

💡 Comparison Insights:

- 🌟 Gold: Bitcoin needs to multiply its market cap almost tenfold to match Gold's market dominance.
- 🖥️ Tech Titans: Microsoft, Apple, Nvidia lead the tech space, with Bitcoin positioned to challenge their market positions over time.
- 💼 Corporate Giants: Saudi Aramco, Amazon, and Google stand as formidable players, with Bitcoin steadily making its mark in the financial landscape.

🚀 Future Potential: While Bitcoin's current market cap reflects strong growth and adoption, achieving market dominance over industry giants like Gold sets a lofty goal. Keeping an eye on Bitcoin's growth trajectory amidst evolving market dynamics will be key. #Bitcoin #HotTrends #BTC #MarkBTC #TrendingTopic: 💡💸

Hey Mate! Ever heard of Bitcoin Halving? It's a big deal in the world of cryptocurrency. Here's a breakdown:

🔄 What is Bitcoin Halving?
Bitcoin Halving is an event where the reward for mining new Bitcoin blocks is halved, occurring approximately once every four years. This process is coded into Bitcoin's software to control its supply.

💡 Why Does It Matter?
Bitcoin Halving plays a crucial role in maintaining Bitcoin's scarcity and value. As the coin reward reduces, it limits the new supply entering the market, which historically has impacted its price.

📈 Impact on Bitcoin Price
Past Bitcoin Halving events have triggered price surges due to reduced supply and increased demand. Many investors closely watch these events as they often lead to a bull market in the following months.

🔮 The Future Outlook
While the exact outcome of each Halving event is unpredictable, understanding its significance can help you navigate the crypto market and make informed decisions for your investments.

ℹ️ Stay Informed, Stay Ahead
Keeping an eye on Halving events and understanding their impact can give you valuable insights into Bitcoin's market behavior. Stay updated, and #Halving could become your new crypto buzzword!

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I hope this post helps shed some light on the importance of Bitcoin Halving! If you have any more questions or if there's anything else you'd like to delve into, feel free to let me know! 🚀🔗

#HotTrends #BTC #BTCHALIVING #MarkBTC $BTC

Hey crypto enthusiasts! 🚀 Exciting times ahead – the biggest bull run might be upon us! Here are my top 10 favorite tokens after scanning 200 alts on Binance. Remember, this is just info, not financial advice! Let's dive into it 👇🧵
1️⃣ $ORN - TradeOnOrion
DeFi platform for liquidity solutions.Ticker: $ORNMarket Cap: $70MFDV: $202MUnlocked: 34.43%
2️⃣ $INJ - Injective
Cosmos-based blockchain blending AI with DeFi.Ticker: $INJMarket Cap: $3.48BFDV: $3.74BUnlocked: 93.4%
3️⃣ $ACE - Fusionistio
Web3 AAA Game and Decentralized Game/Social Infrastructure Layer.Ticker: $ACEMarket Cap: $252MFDV: $1.68B
4️⃣ $RNDR - Rendernetwork
Blockchain protocol democratizing access to resources for content rendering.Ticker: $RNDRMarket Cap: $2.73BFDV: $3.84BUnlocked: 70.46%
5️⃣ $PENDLE - Pendle_fi
DeFi platform offering yields in tradable digital tokens.Ticker: $PENDLEMarket Cap: $439MFDV: $738MUnlocked: 59.6%
6️⃣ $STRK - Starknet
Prominent L2 solution on Ethereum, enhancing scalability.Ticker: $STRKMarket Cap: $1.42BFDV: $19.67BUnlocked: 7.28%
7️⃣ $ARB - Arbitrum
Crypto network designed for Ethereum scalability.Ticker: $ARBMarket Cap: $2.44BFDV: $19.17BUnlocked: 12.95%
8️⃣ $ORDI
Bitcoin's equivalent to NFTs.Ticker: $ORDIMarket Cap: $1.43BFDV: $1.43BUnlocked: 100%
9️⃣ DYM- Dymension
Modular blockchain platform for application-specific L2 rollups.Ticker: $DYMMarket Cap: $925MFDV: $6.33BUnlocked: 14.6%
🔟 $ASTR - AstarNetwork
Decentralized blockchain platform for scalable Web 3.0 apps.Ticker: $ASTRMarket Cap: $898MFDV: $1.35BUnlocked: 66.33%
Let's keep an eye on these as the crypto adventure unfolds! 🌐🚀
I will share another 10 project with you if you like share and repost this post.

⚠️ Disclaimer: This is Not Financial Advice! And this is Not a Paid or Promotional Post! #TrendigTopic #Write2Eam #DYM/USDT #ORDIUSDT #MarkBTC $DYM $STRK

Exciting news, folks! #Bitcoin has recently achieved new all-time highs (ATH) not only in one currency but across a range of major global currencies. Here's a breakdown of this remarkable milestone:- Euro (EUR): Bitcoin has hit a new ATH against the Euro, showing strong performance in the Eurozone.  - Japanese Yen (JPY): Bitcoin's value has soared to new heights when measured in Japanese Yen, reflecting its popularity in Japan.  - British Pound Sterling (GBP): Bitcoin has reached an all-time high against the British Pound, showcasing its strength in the UK market.  - Australian Dollar (AUD): Bitcoin has seen significant growth in value when compared to the Australian Dollar, attracting attention in Australia.  - Canadian Dollar (CAD): The Canadian Dollar has witnessed Bitcoin breaking new ATHs, highlighting its success in Canada.  - Chinese Yuan (CNY): Bitcoin's value surge against the Chinese Yuan underlines its impact in China's financial landscape.This remarkable feat continues across a range of currencies including the New Zealand Dollar, Swedish Krona, South Korean Won, Norwegian Krone, Indian Rupee, South African Rand, and Turkish Lira, showcasing Bitcoin's widespread acceptance and performance globally.These new ATHs reaffirm Bitcoin's position as a dominant player in the global financial market. The cryptocurrency's upward trajectory across these diverse currencies reflects its growing influence and adoption on an international scale. 🌐💰Join the celebration of Bitcoin's achievements! Are you feeling the excitement of Bitcoin's success around the world? 🔥 #TrendingTopic #BTC #MarkBTC #SnEmroz $BTC

Worldcoin has seen a remarkable surge in value following the release of OpenAI's Sora AI model. In the last week alone, Worldcoin has doubled in price, now sitting comfortably over $6.Worldcoin is supported by Tools of Humanity, a company co-founded and chaired by Sam Altman, who also heads OpenAI. Sora, the AI model unveiled on February 16, allows text-to-video conversion.Notably, Worldcoin's value has been sensitive to OpenAI news before. Back in November 2023, when Altman faced a temporary exit from OpenAI, the token price took a hit."It's fascinating to see how these interconnected developments have influenced Worldcoin's journey. If you have any more updates or topics you'd like to discuss, feel free to share!#WLD #Write2Earn #TrendingTopic #MarkBTC #SnEmroz $WLD

Binance Supports Renzo ProjectBinance Labs, a part of Binance that helps new projects, has put money into Renzo. Renzo is a special kind of technology for Ethereum called a liquid restaking protocol. It uses EigenLayer technology. Binance Labs gave Renzo some money, but we don't know exactly how much. This comes after Renzo got $3.2 million from other investors, making the whole company worth $25 million. Lucas Kozinski, one of the people who started Renzo, said that Binance Labs' investment is kind of like the earlier money they got, which included both ownership and a type of token.Renzo is now Binance Labs' second big project connected to restaking on Ethereum. Renzo works using smart contracts on Ethereum. It helps people who want to stake, the folks running the computers (called nodes), and some special services all work together.‍Big Investment in EigenLayer by A16zAnother big company, Andreessen Horowitz (often called a16z), put a lot of money into EigenLayer. They gave $100 million to EigenLayer. In this case, a16z was the only company giving money, according to a news report. Before this, EigenLayer had already gotten $50 million in March, led by Blockchain Capital. EigenLayer started in 2021 and has become the top restaking protocol on Ethereum when you look at the total value of things locked up in it (TVL).EigenLayer helps people who check and validate transactions (called validators) and those who want to stake. They deal with tokens like Lido Staked ETH and RocketPool’s rETH. These tokens make networks stronger and safer. People can also use these tokens in different finance projects that don't need a central authority (like banks), giving them a chance to make more money.EigenLayer is now the third-biggest protocol on Ethereum, with a total value locked of $7.806 billion. 👉 Complete 👈📢 Disclaimer: This content is not a paid advertisement and is not intended to persuade or encourage investment. Please conduct thorough research and make informed decisions based on your own analysis before considering any investment opportunities.#TrendingTopic #MarkBTC #SnEmroz

In the ever-evolving world of cryptocurrencies, Bitcoin stands out as a pioneer and a force to be reckoned with. Despite the occasional market fluctuations and uncertainties, there are compelling reasons to remain optimistic about the future of Bitcoin. Let's delve into some key points that showcase why Bitcoin enthusiasts and investors have their eyes set on a promising horizon.Source : Google [ Ai Generated Image ]1. Limited Supply, Increasing Demand: The supply of Bitcoin available on exchanges is currently at an all-time low, indicating a scarcity that could drive up its value as demand continues to rise. With 93.5% of all Bitcoins already mined, the diminishing supply adds to its allure as a digital asset.2. Institutional Endorsement: It is noteworthy that the world's largest asset manager has allocated a substantial $7 billion to Bitcoin, signaling growing institutional interest and confidence in its long-term viability.3. Permanently Lost Bitcoins: Approximately 20% of all mined Bitcoins are estimated to be lost forever, further tightening the available supply and contributing to its scarcity.4. Market Cap Perspective: Despite its meteoric rise and widespread recognition, Bitcoin's market capitalization is just a fraction of tech giant Microsoft's, hinting at the vast potential for growth and mainstream adoption in the future.5. Historical Patterns and Halving: Bitcoin has shown interesting patterns in the past, with the upcoming halving event only 60 days away. This event typically triggers supply shocks, highlighting the scarcity of new Bitcoins entering circulation.6. Global Adoption: The trajectory towards global adoption of Bitcoin seems inevitable, with more individuals and businesses recognizing the benefits of a decentralized, secure, and borderless form of currency.In conclusion, Bitcoin's resilience, scarcity, institutional backing, and upcoming events suggest a bright future ahead. While the cryptocurrency space is known for its unpredictability, the fundamental strengths of Bitcoin continue to attract interest and support from various quarters. As we move forward, keeping a close eye on these trends and developments in the cryptocurrency world will pave the way for insightful investment decisions and a deeper understanding of the potential that Bitcoin holds in reshaping the financial landscape. Stay tuned for more updates on the exciting journey of Bitcoin! 🚀 #Bitcoin‬ #Cryptocurrency #Write2Earn #MarkBTC #SnEmroz $BTC 👉 Complete 👈📢 Disclaimer: This content is not a paid advertisement and is not intended to persuade or encourage investment. Please conduct thorough research and make informed decisions based on your own analysis before considering any investment opportunities.

The London Stock Exchange has announced its plans to start accepting applications to list Bitcoin and Ethereum Exchange-Traded Notes (ETNs) in the second quarter of 2024. These ETNs function as IOUs for Bitcoin or Ethereum, safeguarded in secure locations.

## What are Crypto ETNs?

Crypto ETNs represent debts associated with particular cryptocurrencies, with their value mirroring the fluctuations in the value of these respective cryptocurrencies. Unlike bonds that pay regular interest, Crypto ETNs behave more like stocks. Financial institutions issue them, with payments based on market performance upon maturity.

Investors can trade Crypto ETNs on major exchanges akin to stocks, with the goal of benefiting from price discrepancies after accounting for fees.

## Risks of Investing in ETNs

While potentially lucrative, investing in ETNs comes with its fair share of risks. These include the likelihood of default by the issuer, price volatility stemming from liquidity challenges, and tracking errors should the ETN stray from its underlying index.

Other influencing factors on an ETN's value encompass the issuer's credit ratings and shifts in the political or economic landscape.

## Criteria for ETNs on the London Stock Exchange

To ensure the integrity of the listing process for Crypto ETNs, the London Stock Exchange has set specific criteria that issuers must meet. These include:

- The ETN must be physically backed (non-leveraged).
- A reliable and publicly available market price or value measure of the underlying asset must exist.
- The ETN must be backed by Bitcoin or Ethereum crypto assets.

Moreover, the cryptoassets supporting the ETN must be securely stored offline or through equivalent secure schemes, maintained by regulated custodians. Even if the issuer satisfies these criteria, the Exchange retains the authority to reject admission at its discretion.

## Recommendations for Issuers

To streamline the listing procedure for Crypto ETNs and avoid delays, the Exchange emphasizes early engagement. Unlike traditional listings, Crypto ETNs necessitate a unique approach. Issuers and advisors are encouraged to reach out proactively to the Exchange to initiate discussions regarding the admission process.

In conclusion, the forthcoming acceptance of Bitcoin and Ethereum ETNs on the London Stock Exchange poses a significant opportunity for investors, albeit accompanied by inherent risks that necessitate careful evaluation and proactive engagement during the listing process.
#TrendingTopic #HotTrends #BTC #ETH #MarkBTC $BTC $ETH