LIVEPhoenix_Legends-PHLE
@Phoenix-Legends-PHLE
Följer
Följare
Gilla-markeringar
Delade
PINNED
#BTC #etf #BinanceTournament 🔎
📈Candlestick Patterns Cheat Sheet (Ultimate Guide)📉
https://www.coincodex.com/article/35704/candlestick-patterns-cheat-sheet/
📈Candlestick Patterns Cheat Sheet (Ultimate Guide)📉
https://www.coincodex.com/article/35704/candlestick-patterns-cheat-sheet/
#sol 💥
•Solana Surpasses Ethereum in Total Economic Value for a Single Day 💵
According to U.Today, Solana, a blockchain network, generated more Total Economic Value (TEV) than Ethereum on May 12, marking a first in its history. Blockworks Research reported that Solana's TEV reached $2,248,681, outpacing Ethereum's $1,977,416. TEV, a metric combining transaction fees and miner/extractor value (MEV), is often used to gauge the utility and adoption of a blockchain network.
Chris Burniske, a former Ark Invest analyst, commented on this development, suggesting that its important to monitor L1s that maintain their annual expansion in the form of TEV. A higher TEV can indicate increased usage and demand, potentially offering more flexibility in a network's economic policies.
However, this achievement has sparked debate among Solana and Ethereum users. Critics argue that comparing Solana's TEV with Ethereum's without considering layer-2 (L2) solutions is misleading. L2 solutions, built on top of Ethereum to enhance scalability and reduce fees, offload some activity from the main Ethereum blockchain (L1) while remaining a crucial part of it. Critics suggest that since some Ethereum activity has moved to L2s, these should be included in the comparison.
Despite the criticism, Burniske maintains that comparing TEV across blockchains remains valuable. He explained that each L2 operates in its own blockspace environment, and TEV comparisons are typically made on an L1-to-L1 basis. However, some may disagree with this approach and consider L2s an inseparable part of larger ecosystems like Ethereum, which has struggled with high fees in the past. Currently, Ethereum fees sometimes drop even below those of Tron. 💵
~Source: Binance News
#HotTrends #2024
•Solana Surpasses Ethereum in Total Economic Value for a Single Day 💵
According to U.Today, Solana, a blockchain network, generated more Total Economic Value (TEV) than Ethereum on May 12, marking a first in its history. Blockworks Research reported that Solana's TEV reached $2,248,681, outpacing Ethereum's $1,977,416. TEV, a metric combining transaction fees and miner/extractor value (MEV), is often used to gauge the utility and adoption of a blockchain network.
Chris Burniske, a former Ark Invest analyst, commented on this development, suggesting that its important to monitor L1s that maintain their annual expansion in the form of TEV. A higher TEV can indicate increased usage and demand, potentially offering more flexibility in a network's economic policies.
However, this achievement has sparked debate among Solana and Ethereum users. Critics argue that comparing Solana's TEV with Ethereum's without considering layer-2 (L2) solutions is misleading. L2 solutions, built on top of Ethereum to enhance scalability and reduce fees, offload some activity from the main Ethereum blockchain (L1) while remaining a crucial part of it. Critics suggest that since some Ethereum activity has moved to L2s, these should be included in the comparison.
Despite the criticism, Burniske maintains that comparing TEV across blockchains remains valuable. He explained that each L2 operates in its own blockspace environment, and TEV comparisons are typically made on an L1-to-L1 basis. However, some may disagree with this approach and consider L2s an inseparable part of larger ecosystems like Ethereum, which has struggled with high fees in the past. Currently, Ethereum fees sometimes drop even below those of Tron. 💵
~Source: Binance News
#HotTrends #2024
#BTC #ETH #etf
•Millennium Management Discloses $2 Billion Bitcoin ETF Portfolio 💵
According to Odaily, hedge fund Millennium Management has revealed its investment portfolio in Bitcoin ETF, which is worth $2 billion. The firm's substantial investment in the digital currency ETF demonstrates its confidence in the potential of Bitcoin and its related financial products. This move by Millennium Management is a significant indicator of the growing acceptance and integration of cryptocurrency in mainstream finance. However, its important to note that investing in cryptocurrencies, including Bitcoin, carries inherent risks due to their volatile nature. Investors should always conduct thorough research and consider their risk tolerance before investing in such assets. 💵
~Source: Binance News
#HotTrends
•Millennium Management Discloses $2 Billion Bitcoin ETF Portfolio 💵
According to Odaily, hedge fund Millennium Management has revealed its investment portfolio in Bitcoin ETF, which is worth $2 billion. The firm's substantial investment in the digital currency ETF demonstrates its confidence in the potential of Bitcoin and its related financial products. This move by Millennium Management is a significant indicator of the growing acceptance and integration of cryptocurrency in mainstream finance. However, its important to note that investing in cryptocurrencies, including Bitcoin, carries inherent risks due to their volatile nature. Investors should always conduct thorough research and consider their risk tolerance before investing in such assets. 💵
~Source: Binance News
#HotTrends
#BTC #ETH #etf
🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-42)
Fidelity's FBTC Sees Net Inflow of 💵131.9 Million
Over 700 Firms Could Hold Bitcoin ETFs Worth Nearly 💵5 Billion
CME Group Plans to Launch Bitcoin Spot Trading to Meet Growing Demand
Bitcoin Spot ETFs Witness Significant Net Inflows
BTC Price Rises Above 💵66,000, Predicted to Reach 💵74,000 High
Bitcoin Demand Back in 'Acceleration Mode', Says CryptoQuant
Morgan Stanley Invests 💵269.9 Million in Bitcoin ETF Through Grayscale GBTC
Market Rebounds After CPI Data Meets Expectations, Cryptocurrency BTC Rises
Crypto Market Enters Consolidation Phase, Predicts Galaxy Digital Founder
K33 Research Analyst: Nearly 1,000 Professional Firms Invest in U.S. Bitcoin Spot ETF as of March End
Cryptocurrency Influencers' Advice May Not Be Profitable in the Long Run, Study Finds
Record-Breaking Number of Holders for BlackRock's IBIT in Q1
US Initial Unemployment Claims Drop, Indicating Potential Strength in Job Market
Bitcoin Mining Costs Estimated at 💵45,000, Says Recent Study
Hong Kong Securities and Futures Commission Allows Investment in Overseas ETFs
#HotTrends
🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-42)
Fidelity's FBTC Sees Net Inflow of 💵131.9 Million
Over 700 Firms Could Hold Bitcoin ETFs Worth Nearly 💵5 Billion
CME Group Plans to Launch Bitcoin Spot Trading to Meet Growing Demand
Bitcoin Spot ETFs Witness Significant Net Inflows
BTC Price Rises Above 💵66,000, Predicted to Reach 💵74,000 High
Bitcoin Demand Back in 'Acceleration Mode', Says CryptoQuant
Morgan Stanley Invests 💵269.9 Million in Bitcoin ETF Through Grayscale GBTC
Market Rebounds After CPI Data Meets Expectations, Cryptocurrency BTC Rises
Crypto Market Enters Consolidation Phase, Predicts Galaxy Digital Founder
K33 Research Analyst: Nearly 1,000 Professional Firms Invest in U.S. Bitcoin Spot ETF as of March End
Cryptocurrency Influencers' Advice May Not Be Profitable in the Long Run, Study Finds
Record-Breaking Number of Holders for BlackRock's IBIT in Q1
US Initial Unemployment Claims Drop, Indicating Potential Strength in Job Market
Bitcoin Mining Costs Estimated at 💵45,000, Says Recent Study
Hong Kong Securities and Futures Commission Allows Investment in Overseas ETFs
#HotTrends
#BTC #ETH #etf
•Pine Ridge Advisers Holds $205 Million in BlackRock IBIT, Fidelity FBTC, and Bitwise BITB 💵
According to Odaily, Pine Ridge Advisers, an investment advisory firm, holds $205 million in BlackRock IBIT, Fidelity FBTC, and Bitwise BITB. This was disclosed by Eric Balchunas, a senior ETF analyst, on platform X. The holdings represent 23% of the total assets managed by Pine Ridge Advisers.
Balchunas did not provide further details about the distribution of the holdings among the three assets. However, the substantial investment in these three assets indicates the firm's confidence in their potential. BlackRock IBIT, Fidelity FBTC, and Bitwise BITB are all well-known in the investment community, and their performance could significantly impact the overall portfolio of Pine Ridge Advisers.
This news comes at a time when more and more investment advisory firms are showing interest in digital assets. The move by Pine Ridge Advisers could be seen as a strategic decision to diversify their portfolio and tap into the potential of these assets. However, its important to note that investing in such assets also comes with its own set of risks and challenges. 💵
~Source: Binance News
#HotTrends
•Pine Ridge Advisers Holds $205 Million in BlackRock IBIT, Fidelity FBTC, and Bitwise BITB 💵
According to Odaily, Pine Ridge Advisers, an investment advisory firm, holds $205 million in BlackRock IBIT, Fidelity FBTC, and Bitwise BITB. This was disclosed by Eric Balchunas, a senior ETF analyst, on platform X. The holdings represent 23% of the total assets managed by Pine Ridge Advisers.
Balchunas did not provide further details about the distribution of the holdings among the three assets. However, the substantial investment in these three assets indicates the firm's confidence in their potential. BlackRock IBIT, Fidelity FBTC, and Bitwise BITB are all well-known in the investment community, and their performance could significantly impact the overall portfolio of Pine Ridge Advisers.
This news comes at a time when more and more investment advisory firms are showing interest in digital assets. The move by Pine Ridge Advisers could be seen as a strategic decision to diversify their portfolio and tap into the potential of these assets. However, its important to note that investing in such assets also comes with its own set of risks and challenges. 💵
~Source: Binance News
#HotTrends
#BTC #ETH #etf
🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-41)
10x Research Predicts Major Market Rally; Emphasizes the Need for Timely Decision-Making and Strategic Planning
Bitcoin ETFs on the Rise as QCP Capital Suggests Accumulation Strategies
Titan Global Capital Management Becomes Fourth Largest Holder of IBIT Shares
US Unadjusted CPI Annual Rate Stands at 3.4% in April
US Dollar Index Plummets Following Release of CPI Data
Bitcoin Price Rises as Consumer Price Index Meets Expectations
Bitwise CIO Predicts Increase in Bitcoin ETF Allocations
US Senate Likely to Overturn SEC's Crypto Asset Accounting Rule
Federal Reserve Official Expresses Doubts Over Bitcoin and Central Bank Digital Currencies
Fed's Possible Rate Cut Triggers U.S. Dollar Sell-off, Sets Stage for Potential Gold Price Record
Four U.S. Metropolitan Areas Experience Highest Inflation Rates in a Year Amidst Rising Energy and Housing Costs
Fed's Kashkari: Fed May Maintain Current Interest Rates to Discern Inflation Direction
Bitcoin Price Rises in Response to Slowing U.S. Inflation
Incoming Vanguard CEO Declines to Launch Bitcoin Spot ETF
Unexpected Early Release of CPI Data Due to Accidental File Upload
#HotTrends
🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-41)
10x Research Predicts Major Market Rally; Emphasizes the Need for Timely Decision-Making and Strategic Planning
Bitcoin ETFs on the Rise as QCP Capital Suggests Accumulation Strategies
Titan Global Capital Management Becomes Fourth Largest Holder of IBIT Shares
US Unadjusted CPI Annual Rate Stands at 3.4% in April
US Dollar Index Plummets Following Release of CPI Data
Bitcoin Price Rises as Consumer Price Index Meets Expectations
Bitwise CIO Predicts Increase in Bitcoin ETF Allocations
US Senate Likely to Overturn SEC's Crypto Asset Accounting Rule
Federal Reserve Official Expresses Doubts Over Bitcoin and Central Bank Digital Currencies
Fed's Possible Rate Cut Triggers U.S. Dollar Sell-off, Sets Stage for Potential Gold Price Record
Four U.S. Metropolitan Areas Experience Highest Inflation Rates in a Year Amidst Rising Energy and Housing Costs
Fed's Kashkari: Fed May Maintain Current Interest Rates to Discern Inflation Direction
Bitcoin Price Rises in Response to Slowing U.S. Inflation
Incoming Vanguard CEO Declines to Launch Bitcoin Spot ETF
Unexpected Early Release of CPI Data Due to Accidental File Upload
#HotTrends
#ARB #XAI #DOGE 💥
🔥🔥🔥🔥🔥
🔥X Platform Announces 2024 Development Roadmap, Including P2P Payments and AI Enhancements🔥
🔥🔥🔥🔥🔥
Elon Musk's AI Startup xAI Plans to Rent Oracle's Cloud Servers
Federal Court Orders Musk to Testify Again in SEC's 💵44 Billion Twitter Acquisition Probe
Elon Musk's AI Project Grok to Report News in a Humorous Style
#HotTrends #2024
🔥🔥🔥🔥🔥
🔥X Platform Announces 2024 Development Roadmap, Including P2P Payments and AI Enhancements🔥
🔥🔥🔥🔥🔥
Elon Musk's AI Startup xAI Plans to Rent Oracle's Cloud Servers
Federal Court Orders Musk to Testify Again in SEC's 💵44 Billion Twitter Acquisition Probe
Elon Musk's AI Project Grok to Report News in a Humorous Style
#HotTrends #2024
#BTC #ETH #etf
🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-40)
Bitcoin Network Fundamentals Remain Strong Despite Market Fluctuations
US Producer Price Index Rises in April 2024
US Economy Performing Well, Says Federal Reserve Chairman
Wisconsin Investment Committee Purchases 💵99 Million Worth of BlackRock Bitcoin ETF
US Federal Reserve Chairman Discusses Mixed PPI Data and Inflation
Federal Reserve Chairman Powell Indicates Policy Interest Rates Likely to Remain Unchanged
National Pension Fund Purchases BlackRock's Bitcoin Spot ETF
Bitcoin ETF Data Reveals Grayscale's Reduction and Fidelity's Increase in Holdings
Grayscale GBTC Experiences Net Outflow While Franklin EZBC Sees Inflow
Bitcoin Spot ETFs Witness Net Inflow of 💵100.5 Million
Japanese Firm Metaplanet Adopts Bitcoin as Reserve Asset Amid Economic Pressures
Calamos Submits Application for Bitcoin 'Buffer' ETF
US Pension Funds Likely to Invest in Bitcoin, Predicts MicroStrategy Co-Founder
Cryptocurrency Market Could Skyrocket to 💵100 Trillion, Predicts Macro Analyst
Prominent Analyst Predicts Bitcoin Price to Reach 💵95K in Unspecified Time Frame
10x Research Predicts Another Major Market Surge This Year
#HotTrends
🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-40)
Bitcoin Network Fundamentals Remain Strong Despite Market Fluctuations
US Producer Price Index Rises in April 2024
US Economy Performing Well, Says Federal Reserve Chairman
Wisconsin Investment Committee Purchases 💵99 Million Worth of BlackRock Bitcoin ETF
US Federal Reserve Chairman Discusses Mixed PPI Data and Inflation
Federal Reserve Chairman Powell Indicates Policy Interest Rates Likely to Remain Unchanged
National Pension Fund Purchases BlackRock's Bitcoin Spot ETF
Bitcoin ETF Data Reveals Grayscale's Reduction and Fidelity's Increase in Holdings
Grayscale GBTC Experiences Net Outflow While Franklin EZBC Sees Inflow
Bitcoin Spot ETFs Witness Net Inflow of 💵100.5 Million
Japanese Firm Metaplanet Adopts Bitcoin as Reserve Asset Amid Economic Pressures
Calamos Submits Application for Bitcoin 'Buffer' ETF
US Pension Funds Likely to Invest in Bitcoin, Predicts MicroStrategy Co-Founder
Cryptocurrency Market Could Skyrocket to 💵100 Trillion, Predicts Macro Analyst
Prominent Analyst Predicts Bitcoin Price to Reach 💵95K in Unspecified Time Frame
10x Research Predicts Another Major Market Surge This Year
#HotTrends
