75201
• Chart • News • Fundamentals • Anything on #Crypto and on its adoption🌎 VIP & Advertising @Jeffross
🇫🇷 Fidelity and Accenture hosted 100 bank executives and asset managers in Paris last week to learn more about Bitcoin and how to prepare as an institution.
/channel/Bitcoin_Crypto_Signals
🇸🇻 Salvadoran firefighters association AproBomberos now officially holds 💰 Bitcoin on their balance sheet
/channel/Bitcoin_Crypto_Signals
💰 $30-billion financial advisor platform approves only four Bitcoin ETFs: Bloomberg
In likely another boon for the new spot bitcoin ETF market, the financial advisor platform Carson Group has approved four of the instruments, according to Bloomberg. Spot bitcoin ETFs offered by BlackRock, Fidelity, Franklin Templeton and Bitwise are the four Carson Group approved and that will become accessible to financial advisors and their clients, the report said. Carson Group is a $30 billion registered investment advisor, or RIA, platform, also according to the report.
Source
/channel/Bitcoin_Crypto_Signals
💰 Fundstrat’s Tom Lee believes Bitcoin will surge 200% to $150k this year and $500k in 5 years
Fundstrat Global Advisors co-founder Tom Lee believes Bitcoin is poised for a 200% growth over the coming months, taking its value to $150,000 per coin. Lee made the statement during an appearance on CNBC’s Squawk Box on Feb. 21, where he discussed the various factors influencing Bitcoin’s value, including the role of ETFs, the upcoming Bitcoin halving, and shifts in monetary policy. Lee also confirmed previous predictions and said he expects Bitcoin to reach $500,000 per coin over the next five years.
Source
/channel/Bitcoin_Crypto_Signals
💰 Bitcoin call options cluster above $60,000 indicating post-halving bullish sentiment, analyst says
According to one analyst, bitcoin options are signaling a bullish sentiment post-halving, evidenced by the strike positioning and put-call ratio for the end-of-month expiry in June. "The June expiry is a good gauge for halving sentiment and our charts shows much more upside positioning. The put-call ratio is significantly lower in June, at 0.28 versus 0.55 for March, and strike positioning is also higher," Deribit Chief Commercial Officer Luuk Strijers told The Block.
Source
/channel/Bitcoin_Crypto_Signals
💰 Bitwise Bitcoin ETF approved investment option for $30 billion advisor network
Bitwise Bitcoin ETF Trust (BITB) was recently approved as an investment option for a $30 billion network of Registered Investment Advisors (RIAs). Bitwise CEO Hunter Horsley revealed this development via social media platform X (formerly Twitter) on Feb. 19, noting that advisors within the network are now authorized to allocate funds with BITB, typically ranging from 1% to 5%.
Source
/channel/Bitcoin_Crypto_Signals
New Trade for #OM/USDT (Chart: 1 Hour TF)
OM/USDT Looks good on 1 Hour time frame moving along rectangular support price has taken reversal many times from this region. Also on a breakout.
◼️Entry: $0.23874 - $0.22248
🟢 Target 1 : 0.24688
🟢 Target 2 : 0.25435
🟢 Target 3 : 0.26461
🟢 Target 4 : 0.28326
🟢 Target 5 : 0.31150
🛑SL : 0.21263
@ChartsSignalsTrading
💰 Vanguard Shunning Spot Bitcoin ETF Might Be Paying Off
Senior Bloomberg ETF analyst Eric Balchunas confirmed that Vanguard has registered more than six times the entire net inflows recorded by all ten spot Bitcoin ETFs in that few weeks. Notably, this new development showcases Vanguard’s dominance in the Traditional Finance (TradFi) sector amidst hype around spot Bitcoin ETFs and the broad crypto industry.
Source
/channel/Bitcoin_Crypto_Signals
💰 Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals
On Feb. 16, the Denton Record Chronicle reported that a number of unnamed mining operations are pursuing partnerships with DME. Although the identities of these firms remain undisclosed, DME confirmed that discussions about leases have been ongoing for a year. The Chronicle’s Christian McPhate also reported on a potential five-year lease option, noting that DME’s spokesperson, Stuart Birdseye, was not able to provide the names of the interested miners.
Source
/channel/Bitcoin_Crypto_Signals
💰 Coinbase Vaults Beyond 1 Million Bitcoin Mark, Stash Valued Over $52 Billion
On Friday, Feb. 16, 2024, bitcoin’s value hovered between $51,850 to $52,350, with onchain insights from Arkham Intelligence revealing that the Nasdaq-listed crypto exchange giant, Coinbase, now possesses over 1 million bitcoin. Based on the current market prices, the stash secured by the San Francisco-headquartered firm is valued at just above $52 billion.
Source
/channel/Bitcoin_Crypto_Signals
💰 Ethiopia to start mining Bitcoin through new data mining partnership
The Ethiopian government is set to begin mining Bitcoin through a new partnership with Data Center Service — a subsidiary of West Data Group, according to Ethiopia-based Hashlabs Mining CEO Kal Kassa. Under the collaboration, the sovereign wealth fund will invest $250 million in establishing “cutting-edge infrastructure for data mining and artificial intelligence (AI) training operations in Ethiopia.”
Source
/channel/Bitcoin_Crypto_Signals
💰 Bitcoin whales on the rise as numbers hit three-year high as ETFs join cohort
The Bitcoin landscape has witnessed a significant uptick of Bitcoin whales—entities holding 1,000 BTC or more. Their numbers have surged in recent weeks, coinciding with Bitcoin’s rise from $38,000 to $51,000. Currently, there are 1,602 Bitcoin whales, a considerable uptick from 1,482 in January. This surge not only eclipses the March and April 2022 peak of 1,601 whales, but also marks a three-year high unseen since March 2021.
Source
/channel/Bitcoin_Crypto_Signals
🥇 Bitcoin miners to get instant non-custodial rewards via Lightning Network
Enterprise Bitcoin mining pool company Titan Mining has announced Titan Lightning, intending to transform how Bitcoin miners receive rewards by empowering miners with near-instant access to their earnings. Using the Lightning Network, Titan Lightning facilitates direct on-chain disbursement of rewards to miners’ non-custodial wallets after every new block discovery on the Bitcoin network.
Source
/channel/Bitcoin_Crypto_Signals
📣 Peter Thiel Made $200M Investment in BTC, ETH Before Bull Run: Reuters
Peter Thiel's Founders Fund made a $200 million investment in bitcoin and ether before the bull run, per report by Reuters. According to CoinDesk Indicies data, bitcoin (BTC) has increased nearly 124% in the last 12 months, while ether (ETH) has risen 75%. The CoinDesk 20 Index (CD20) has rallied approximately 86% in the same period. Founders Fund started to purchase bitcoin when it was below $30,000 and acquired more BTC and ETH in the subsequent months, sources told Reuters.
Source
/channel/Bitcoin_Crypto_Signals
🇺🇸 California’s 8.2 million crypto owners poised to influence 2024 elections – Coinbase
A recent study conducted by Toluna for Coinbase reveals that crypto users in California are poised to significantly influence the state’s political direction in the 2024 elections. According to the report, a significant number of the state’s crypto enthusiasts are young, with 40% falling within the 18-34 age bracket — a generation more attuned to technological advancements and digital financial solutions.
Source
/channel/Bitcoin_Crypto_Signals
💰 U.S. Government pauses scrutiny of bitcoin mining’s energy consumption after court ruling
The U.S. Department of Energy (DOE) has temporarily halted its controversial survey to assess the energy consumption of cryptocurrency mining operations. This decision comes in the wake of legal challenges from industry participants, including Riot Blockchain, a leading mining company, and the Texas Blockchain Council.
Source
/channel/Bitcoin_Crypto_Signals
💰 'No Guarantee' Bitcoin Halving Will Be Favorable for Miners: Riot Platforms
One of the largest Bitcoin mining facilities, Riot Platforms, has warned shareholders that there is "no guarantee" the Bitcoin halving will have a positive impact on its profitability. Roughly every four years, Bitcoin is programmatically set for a "halving" which cuts the reward for mining new blocks in half as a way to keep inflation in check. Bitcoin is set for its next halving sometime in April with some speculators thinking that it will increase the price of Bitcoin.
Source
/channel/Bitcoin_Crypto_Signals
💰 Bitcoin hits new all-time highs against 14 national currencies – Balaji
Analysis shared by Network State author Balaji Srinivasan indicates that Bitcoin has surpassed its all-time highs against currencies of fourteen different countries, which collectively represent over a billion people and account for more than $7 trillion in GDP. Among these countries are Argentina and Japan, which just entered a technical recession due to their recent economic developments.
Source
/channel/Bitcoin_Crypto_Signals
🪙 ECB officials attack Bitcoin with call of ‘practically forbidding it’
European Central Bank (ECB) officials stand firm on their assessment that Bitcoin holds no inherent value, despite its recent surge beyond $50,000 propelled by the introduction of multiple exchange-traded funds (ETFs) in the United States. In a blog post dated Feb. 22, Ulrich Bindseil and Jürgen Schaaf emphasized that approving ETFs does not alter Bitcoin’s unsuitability as either a medium of exchange or an investment vehicle.
Source
/channel/Bitcoin_Crypto_Signals
💰 Bitcoin options worth $3.7 billion approaching expiration
Feb. 23, the last Friday of the month, marks the expiration of an impressive $3.7 billion in Bitcoin (BTC) options, a situation that could notably influence the Bitcoin market, according to Deribit data. Deribit data shows that the options, totaling $3.7 billion for BTC, feature a significant open interest – a total of 71,340 contracts for both calls and puts combined. The put/call ratio for BTC stands at 0.76, reflecting 76 put options for every 100 call options.
Source
/channel/Bitcoin_Crypto_Signals
💰 Edward Snowden Calls Bitcoin 'Most Significant Monetary Advance Since the Creation of Coinage'
Edward Snowden, a privacy advocate, posted about bitcoin on social media platform X Sunday. Snowden was a computer intelligence consultant and whistleblower who leaked highly classified information from the National Security Agency (NSA) in 2013. His post drew many responses, with many agreeing with him. Dave Benner, for example, opined: “Bitcoin exemplifies the separation of money and state, and that’s what the world needs more than anything right now.”.
Source
/channel/Bitcoin_Crypto_Signals
💰 Bitcoin on track for rare six months of consecutive gains
Bitcoin is on track to carve out its sixth straight month of gains, a rare occurrence that has only transpired once since 2013. This upward momentum started in September 2023, when Bitcoin ETF speculation catalyzed a sharp surge, propelling the digital asset market into Q4 with heightened enthusiasm. Bitcoin registered a 4% climb in September, followed by an impressive 29% leap in October. This momentum continued with a 9% rise in November, a 12% ascent in December, a 1% increase in January 2024, and currently a 23% boost in February.
Source
/channel/Bitcoin_Crypto_Signals
💰 Aussie cop accused of stealing 81 Bitcoin during raid: Report
The Australian federal police officer denies allegations of taking Bitcoin from a hardware wallet at the crime scene and transferring it to crypto exchange Binance. The National Anti-Corruption Commission (NACC) of Australia has accused a federal police officer of wiping a Trezor hardware wallet containing 81.62 Bitcoin at a crime scene. The authorities relied on crypto tracing software to allege that he transferred the Bitcoin into his own possession.
Source
/channel/Bitcoin_Crypto_Signals
💰 April 2024 Bitcoin Halving Sparks Worldwide Curiosity, Data Reveals
A recent study focusing on the search term “bitcoin” through Google Trends data revealed that curiosity remained subdued even as the price soared above the $50K mark. Yet, anticipation for the forthcoming reward halving has hit a 90-day peak. Slated for April 2024, this significant occasion will slash the pace at which new bitcoins are generated by 50%, sparking widespread interest in the topic.
Source
/channel/Bitcoin_Crypto_Signals
📣 Attacks on Bitcoin and Ethereum now 'economically unfeasible': research
The current security models for Bitcoin and Ethereum make 51% and 34% attacks, respectively, “economically unfeasible,” according to a new research paper published on Feb. 15. A 51% attack is an attempt by an entity to gain control of more than half of a blockchain’s mining hash rate, theoretically allowing it to alter the distributed public ledger maliciously.
Source
/channel/Bitcoin_Crypto_Signals
💰 Bitcoin mining difficulty set to hit record high today amid US miner scrutiny
Bitcoin’s mining landscape is poised for another challenge as mining difficulty is set to rise by nearly 8% today, Feb. 15. Data from CoinWarz shows that this increase, which is expected to hit a new record high, will surpass 81 trillion at block height 830,592. The network is expected to reach this milestone by 3:16 pm UTC. Bitcoin’s mining difficulty undergoes readjustments every 2,016 blocks, roughly every two weeks.
Source
/channel/Bitcoin_Crypto_Signals
💰 Peter Schiff Warns of Bitcoin 'Pump and Dump' — Expects to See a 'Massacre'
Economist and gold bug Peter Schiff has warned that the current bitcoin price surge looks like “another classic pump-and-dump.” Noting the significant excitement around the new spot bitcoin exchange-traded funds (ETFs), he expressed his skepticism, stating: “I wonder when the massacre will begin.”.
Source
/channel/Bitcoin_Crypto_Signals
💰 Bitcoin retreats below $49k as CPI release dashes hope of rate cuts
Bitcoin (BTC) price saw a significant pullback, erasing gains from Monday as investors recalibrated their expectations for the Federal Reserve’s monetary policy following the release of January Consumer Price Index (CPI) data. The flagship crypto was trading at $48,753 as of press time — a notable deviation from its recent upward trajectory. The dip liquidated roughly 80% of the long positions over the past four hours, according to CoinGlass data.
Source
/channel/Bitcoin_Crypto_Signals
📣 Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares
Crypto firm Digital Currency Group (DCG) and Grayscale objected to bankrupt lender Genesis‘ move to divest its assets, including Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), shares worth approximately $1.6 billion, according to recent court filings. The crypto company continued that complying with Genesis’ request might undermine its ability to ensure compliance with federal securities laws and regulations.
Source
/channel/Bitcoin_Crypto_Signals
⬜️ OKX rolls out crypto exchange services in Argentina
Cryptocurrency exchange OKX has announced its expansion into Argentina as part of its ongoing strategy to target the Latin American market. The move follows its launch in Brazil in late 2023. In a recent statement, OKX announced that Argentine users will be able to access OKX’s crypto exchange platform, along with a self-custody wallet and the ability to trade nonfungible tokens (NFTs).
Source
/channel/Bitcoin_Crypto_Signals