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#Where.is.Bitcoin.heade after crossing the $47,000 mark? The price of Bitcoin (BTC) rose above $47,000 for the first time since April 2022, driven by growing excitement in anticipation of the expected approval by the US Securities and Exchange Commission (SEC) for the establishment of exchange-traded funds for spot Bitcoin trading (spot Bitcoin). ETFs) later this week, as the value of BTC rose by 7% within one day, bringing its gains since the beginning of the year to 11%, which means that the price of Bitcoin (BTC) rose by a significant percentage of 87% compared to its lowest levels recorded in September. /September 2023 when it reached $25,000. A chart of the price of the BTC/USD pair showing an increase of 87% since September - Source: #TradingView The consensus among industry experts is that the Securities and Exchange Commission is heading to approve the creation of several ETFs by next Wednesday. Excitement is growing over the upcoming approval of #Bitcoin.Spot.ETFs Several companies that have applied to set up spot Bitcoin ETFs in the US - including #BlackRock,Grayscale.and.Fidelity - updated their applications again on Monday, while several other applicants revealed the fees they will charge. They plan to impose it on ETF investors. This news - without any doubt - reinforces the feelings of fear of missing out on the opportunity to make a profit (FOMO) among participants in the sector and pushes them to invest in Bitcoin in the hope of reaping gains when its potential price rises, as most analysts, investors and observers in the crypto sector believe that the long-awaited approval The launch of Bitcoin Spot ETFs in US markets may constitute a historic moment for the Bitcoin market. In practice, these approvals will be interpreted as official approval from the regulatory authorities of the largest economy in the world, and this will result in strengthening the legal status of Bitcoin and alleviating the doubts that have long prompted many investors to refrain from directing their investments towards digital currency markets. $BTC #continued

#Where.is.Bitcoin.heade after crossing the $47,000 mark?

The price of Bitcoin (BTC) rose above $47,000 for the first time since April 2022, driven by growing excitement in anticipation of the expected approval by the US Securities and Exchange Commission (SEC) for the establishment of exchange-traded funds for spot Bitcoin trading (spot Bitcoin). ETFs) later this week, as the value of BTC rose by 7% within one day, bringing its gains since the beginning of the year to 11%, which means that the price of Bitcoin (BTC) rose by a significant percentage of 87% compared to its lowest levels recorded in September. /September 2023 when it reached $25,000. A chart of the price of the BTC/USD pair showing an increase of 87% since September - Source: #TradingView The consensus among industry experts is that the Securities and Exchange Commission is heading to approve the creation of several ETFs by next Wednesday. Excitement is growing over the upcoming approval of #Bitcoin.Spot.ETFs

Several companies that have applied to set up spot Bitcoin ETFs in the US - including #BlackRock ,Grayscale.and.Fidelity - updated their applications again on Monday, while several other applicants revealed the fees they will charge. They plan to impose it on ETF investors.

This news - without any doubt - reinforces the feelings of fear of missing out on the opportunity to make a profit (FOMO) among participants in the sector and pushes them to invest in Bitcoin in the hope of reaping gains when its potential price rises, as most analysts, investors and observers in the crypto sector believe that the long-awaited approval The launch of Bitcoin Spot ETFs in US markets may constitute a historic moment for the Bitcoin market.

In practice, these approvals will be interpreted as official approval from the regulatory authorities of the largest economy in the world, and this will result in strengthening the legal status of Bitcoin and alleviating the doubts that have long prompted many investors to refrain from directing their investments towards digital currency markets.

$BTC

#continued

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Bitcoin and currencies return to the rise before the halving.. Is this the reason? •A recent industry report highlights that mining companies are adjusting their operational strategies and increasing their holdings of the coin as the cryptocurrency market prepares for the Bitcoin halving, a quadruple event scheduled to occur around April 20. •Data tracked by BTIG shows that mining companies such as Cleanspark (CLSK), Marathon Digital (MARA), and Riot Blockchain (RIOT) have reduced their Bitcoin sales in the first quarter of 2024. According to the “Crypto Mining Corner: #29” report, these The strategy is to increase their Bitcoin reserves in preparation for post-Helvage price movements, while also tapping into capital markets to fund their operations. •Cleanspark reported selling roughly 13 bitcoins in the first quarter of 2024, down sharply from about 1,257 in the previous quarter. Marathon followed suit, with sales falling to about 730 from about 2,365 bitcoins, while Riot Blockchain sold 212 bitcoins, halting sales entirely in February and March. •This trend among miners to “HODL” — a slang term for the cryptocurrency community to hold assets rather than sell — is expected to reduce the available supply of Bitcoin. The upcoming cut will halve mining rewards by 50%, further exacerbating supply constraints. •The report also highlights the performance of Bitcoin and mining stocks, noting that despite the resilience of Bitcoin's price, mining stocks have faced downward pressure. BTIG attributes this to a shift in investor interest towards spot Bitcoin ETFs. •Moreover, the global hash rate - a measure of the computational power used in mining operations and verifying transactions - saw a strong increase year-on-year, indicating increased mining activity as companies ramp up their operations ahead of the coin halving. $BTC $ETH $BNB #FollowForRewards
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After its decline...is it an opportunity to buy Solana? •The price of Solana coin (Solana-SOL) fell to the level of $180 today after the crypto market suffered a loss of 5%, which reflects a decline of 7.5% in the past 24 hours. •The alternative currency is now witnessing a decline of 6% from last week, but it is still up by 40% over the past 30 days, and by 760% over the past year. •Given its medium-term momentum, last week's decline is likely just a temporary dip in Solana's long-term growth. •With many analysts expecting the market to activate as we approach the next Bitcoin halving this month, it could be a very good buying opportunity now with this decline. •Solana coin price expectations after its decline to the $180 level. Is this considered an opportunity to buy during the decline? •Although the SOL chart looks bleak at the moment, it also indicates that the current decline could have come to an end. •In other words, the chart indicates that the price is approaching a bounce with the Relative Strength Index (RSI) - shown in purple - falling below 30 this morning, which is a signal that traders are increasingly selling the currency. •Source: TradingView At the same time, the 30-day moving average - shown in orange - has fallen below the 200-day moving average - shown in blue - also indicating that SOL is about to reach the bottom of its current decline. •It is unlikely that Solana's price will fall much below the $180 level, and given its upward trend in recent months, it is difficult to expect anything other than a recovery soon. •Its trading volume remains healthy at around $4.3 billion, with CoinShares data indicating that it remains the most popular altcoin in terms of money flow after Ethereum (in terms of total holdings). •In addition, it appears that whales have started buying SOL coins again, taking advantage of the recent drop in price. This is clearly based on the expectation that Solana's price will rise again soon, with the overall market trend potentially helping it bounce back. $SOL #FOLLOW.ME
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🚨🚨Distribute some of #WEN 🪂 Drop your wallet address in the comments 👇👇 1•Like and share this post. 2•Follow this account. 3•Repost this post. 4•Join us in X 👉salemhamidioff. #Valid for 24 hours ✅💵🔥 #giftsbox #FollowForRewards #trading
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🚨🚨The smallest and most famous digital currency is taking off strongly.. What is its secret? •It saw Dogecoin, a token creation that originated from a popular website. A significant increase of 20% in the last trading sessions. This captured investors' attention amid a broader decline in the cryptocurrency market. This increase comes at a pivotal moment as Coinbase (NASDAQ:COIN) announced Derivatives. •The derivatives arm of the popular US-based cryptocurrency trading platform. announced its intention to offer cash-settled futures products for Dogecoin (DOGE) by April 1. •Coinbase Derivatives' decision to embrace Dogecoin highlights a major shift in perception. Recognizing the cryptocurrency's transition from an exotic internet phenomenon to a recognized asset in the cryptocurrency industry. It confirms the continued popularity of Dogecoin. In addition to its development beyond its memetic origins. On the growing acceptance of the coin among institutional players and retail investors alike. As anticipation grows for Coinbase's listing. Dogecoin's recent rise is a testament to its resilience and appeal in the ever-evolving cryptocurrency landscape. •The Rise of Cryptocurrency and the Impact of Whales on Dogecoin In the dynamic cryptocurrency landscape, meme coins have emerged as a captivating trend . It is characterized by its playful branding and widespread appeal among Internet users. Dogecoin is a currency. With the popular Shiba Inu mascot a prime example of this phenomenon, attracting a dedicated community of supporters and enthusiasts. •The recent rise in the price of Dogecoin is accompanied by noticeable whale activity, with approximately 390 million DOGE moving. This influx of activity has contributed. Which has been observed through market dynamics across the chain, in increasing sentiment surrounding Dogecoin. $DOGE #FollowForRewards
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