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14 февраля 2024 17:50

💰 Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report

Based on financial firms' government filings in 2020 and 2021, that period saw an upswing in the use of crypto – most commonly bitcoin – in crimes that included human trafficking and the sexual exploitation of children, according to the trend report released by the Treasury's Financial Crimes Enforcement Network (FinCEN). In those two years, the analysis found 2,311 reported uses of crypto in such crimes, amounting to more than $412 million.

Source

@TradeCryptoNow

Trade Crypto Now

13 февраля 2024 19:51

📉 Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation

Bitcoin (BTC) fell below $49,000 Tuesday after a hotter-than-anticipated U.S. inflation reading weighed on interest-rate cut expectations. The largest crypto by market capitalization slipped about 2% to $48,700 from slightly above $50,000 earlier in the day, while the broad-market crypto index CoinDesk 20 (CD20) lost 2.4%.

Source

@TradeCryptoNow

Trade Crypto Now

12 февраля 2024 18:52

💰 Ethiopia Emerges as Prime Destination for Chinese Bitcoin Miners

According to a report by the South China Morning Post, this shift towards Ethiopia gained momentum last spring. The local media started observing cargo containers near electricity substations linked to Africa’s largest hydroelectric project, the Grand Ethiopian Renaissance Dam (GERD). Bloomberg cites Luxor Technology, estimating that Ethiopia has risen to the top tier of destinations for Bitcoin mining equipment shipments, with a significant portion being contributed by Chinese miners.

Source

@TradeCryptoNow

Trade Crypto Now

12 февраля 2024 10:25

💰 CleanSpark Anticipates Doubling Operating Hash Rate Ahead of Bitcoin Halving

CleanSpark expands operations with four new mining facilities, boosting hashing power ahead of the Bitcoin halving. CleanSpark Inc., a prominent participant in the Bitcoin mining industry, has unveiled plans to increase its operating hash rate. The company aims to double its hash rate in preparation for the upcoming Bitcoin halving event. In light of this, the firm has revealed strategic acquisitions and expansion initiatives to enhance its mining capabilities and geographic reach.

Source

@TradeCryptoNow

Trade Crypto Now

11 февраля 2024 07:35

💰 BlackRock, $BLK, CEO this year: Bitcoin is no different than what gold was for thousands of years...it's an asset that protects you.

@TradeCryptoNow

Trade Crypto Now

10 февраля 2024 12:30

Exchange: KuCoin

New Trade for #FRR/USDT (Chart: 2 Hour TF)

FRR/USDT Looks good on 2 Hour time frame moving along rectangular support price has taken reversal several times from here. Also on a Breakout.

◼️Entry: $0.00016800 - $0.00015564

🟢 Target 1 : 0.00017567
🟢 Target 2 : 0.00018408
🟢 Target 3 : 0.00020152
🟢 Target 4 : 0.00021897
🟢 Target 5 : 0.00025193

🛑SL : 0.00014853

@ChartsSignalsTrading

Trade Crypto Now

09 февраля 2024 19:26

₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 💰 #Bitcoin ETFs officially the most popular ETFs in Wall Street history!

@TradeCryptoNow

Trade Crypto Now

08 февраля 2024 18:59

💰 Microstrategy Raises Bitcoin Holdings to 190K BTC — Calls Itself 'World's First Bitcoin Development Company'

Nasdaq-listed Microstrategy has increased its cryptocurrency holdings to 190,000 bitcoins, having acquired 31,755 additional coins since the end of the third quarter. The company now considers itself “the world’s first Bitcoin development company,” with a unique value proposition, even when compared to spot bitcoin exchange-traded funds (ETFs). “We are a publicly-traded operating company committed to the continued development of the Bitcoin network through our activities in the financial markets, advocacy, and technology innovation,” Microstrategy detailed.

Source

@TradeCryptoNow

Trade Crypto Now

08 февраля 2024 04:44

🪙 Ether options open interest indicates bullish sentiment about potential May spot ETH ETF approval, analyst says

The crypto derivatives market is suggesting continued excitement in the market regarding the potential approval of a spot Ethereum ETF by the end of May, an analyst said. "Traders seem to be adjusting their ether options contracts with the May 23 date in mind," Bitfinex Head of Derivatives Jag Kooner told The Block. The final approval decision deadline for spot ether ETF applications submitted by asset managers VanEck and Ark/21Shares to the U.S. Securities and Exchange Commission is May 23.

Source

@TradeCryptoNow

Trade Crypto Now

07 февраля 2024 09:05

🇺🇸 SEC delays Invesco Galaxy spot 🪙 ETH ETF, but May decisions are still expected

The U.S. Securities and Exchange Commission (SEC) extended the decision period for Invesco and Galaxy’s spot Ethereum ETF on Feb. 6. The SEC said that the proposed rule change was published for comment in the Federal Register on Nov. 8, 2023. The agency then designated a longer period for approval on Dec. 13, 2023, extending the period during which it could approve, disapprove, or institute proceedings around approval or disapproval.

Source

@TradeCryptoNow

Trade Crypto Now

06 февраля 2024 10:29

💰 Brazilian Tax Authority Reports Bitcoin Irregularities in Over 25,000 Statements

The Brazilian tax authority has reported identifying cryptocurrency irregularities in more than 25,000 tax statements. After a country-wide investigation, the institution detected that 25,126 individuals who possessed at least 0.05 BTC failed to include these holdings in its income tax statements, opening the doors for receiving fines or being charged for crimes against the tax system.

Source

@TradeCryptoNow

Trade Crypto Now

05 февраля 2024 08:26

💰 Facebook, Instagram Will Join Google Enabling Bitcoin ETF Ads

Two of the world’s largest social media platforms will allow companies to advertise spot Bitcoin ETFs (exchange-traded funds). This represents a significant stride toward the increasing mainstream acceptance of cryptocurrencies. The new policies could pave the way for Bitcoin ETF ads to be featured on Facebook and Instagram. These companies have a colossal user base of over 2 billion monthly active users each,

Source

@TradeCryptoNow

Trade Crypto Now

04 февраля 2024 18:51

💰 Case for $500k BTC: Bitcoin Scarcity to Beat Gold Post-Halving

Renowned analyst “PlanB”, the influential mind behind the Stock-2-Flow (S2F) model, has once again thrown his weight behind bitcoin, making a new case for bitcoin price targets in 2024-2028 cycle. In latest Plan B bitcoin analysis, the seasoned analyst boldly predicts that bitcoin, already a digital asset with unique scarcity, will surpass the rarity of gold and real estate following the upcoming halving event in April.

Source

@TradeCryptoNow

Trade Crypto Now

03 февраля 2024 20:21

🇭🇰 Hong Kong asserts rigorous crypto regulations amid market evolution

Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui, reiterated the special administrative region’s banner of “same activity, same risk, same regulation,” under which Hong Kong crafted a licensing regime for virtual asset service providers (VASP). Hong Kong before the implementation of the new licensing system had been granted a transitional period intended to support them in adapting to the regulatory framework.

Source

@TradeCryptoNow

Trade Crypto Now

02 февраля 2024 18:29

💰 Solana registers all-time high in monthly new addresses for January

There was significant increase in the number of new addresses on the Solana blockchain during the month of January, according to The Block’s data dashboard. The monthly count of new addresses on Solana increased to 11.81 million for January. This gain represents an 18% rise in new addresses on the network from December’s count of about 10 million — which was a multi-month high at the time.

Source

@TradeCryptoNow

Trade Crypto Now

14 февраля 2024 06:30

₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 💰 Wall Street institutions BlackRock and Fidelity are in a close competition to manage the most Bitcoin for clients.

@TradeCryptoNow

Trade Crypto Now

13 февраля 2024 07:50

💰 Less than 10,000 blocks to the next Bitcoin halving

The countdown to Bitcoin’s highly anticipated halving event is on, with fewer than 10,000 blocks left as of Feb. 12. According to the Bitcoin Halving Clock, approximately 9,843 blocks remain before the event, which is estimated to occur by April 17. The halving event is significant for the crypto industry because it enhances Bitcoin’s scarcity by reducing miner rewards. CryptoSlate Insight reported that the event would slash the number of BTC produced daily by miners to 450 BTC from 900 BTC.

Source

@TradeCryptoNow

Trade Crypto Now

12 февраля 2024 17:51

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Trade Crypto Now

11 февраля 2024 17:56

💰 Bitcoin's Price Soars Past $48K, Nears $1 Trillion Market Cap Amidst Bullish Momentum

On Saturday, Feb. 10, 2024, bitcoin’s price soared beyond the $48K mark, reaching heights unseen since prior to Dec. 28, 2021. On Sunday, the leading digital currency maintained its robust momentum, consistently staying above the newly established price level. Over the last 24 hours, the crypto asset’s value has risen by over 2.6%, and it has gained more than 12% relative to the U.S. dollar in the past week.

Source

@TradeCryptoNow

Trade Crypto Now

10 февраля 2024 20:50

💰 Cloud Bitcoin Mining Firm BitFuFu Seeks Public Listing

BitFuFu, a prominent player in the cloud bitcoin mining industry, is making strides towards a public listing in the United States. Backed by Bitmain, the firm is eyeing an initial public offering (IPO) through a Special-Purpose Acquisition Company (SPAC) merger. The firm initially planned to go public in January 2022 through a merger with Arisz Acquisition Corp. The anticipated debut on the stock market was set for the third quarter with a pro forma enterprise value of almost $1.5 billion.

Source

@TradeCryptoNow

Trade Crypto Now

10 февраля 2024 08:45

💰 Citrea Proposes First ZK Rollup to Make Bitcoin the All-Chain

Citrea, a project that aims to scale Bitcoin through ZK rollups, came out of stealth on Tuesday. The project aims to become a pathway for several initiatives to take advantage of the decentralization and security of Bitcoin while at the same time contributing to scaling and giving developers the ability to adapt Ethereum Virtual Machine (EVM) apps into the protocol.

Source

@TradeCryptoNow

Trade Crypto Now

09 февраля 2024 07:25

₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 💰 The world’s largest bitcoin mine begins construction in Texas.

Riot's Corsicana Facility will harness an impressive one gigawatt of electricity. The project will cost an estimated $333,000,000.

@TradeCryptoNow

Trade Crypto Now

08 февраля 2024 10:17

#BTC Update:

What a pump 📈

BTC pumped right after the trendline breakout we discussed earlier

Bulls are in control, but watch out for potential resistance levels ahead.

@ChartsSignalsTrading

Trade Crypto Now

07 февраля 2024 18:19

💰 Bitcoin’s hash rate soars to record heights

Bitcoin’s hash rate has reached an unprecedented high, marking a fourteen-day moving average of 566 exahashes per second (EH/s). This surge follows Feb. 2, a 7.3% rise in difficulty adjustment, bringing it to a record-setting 75.50T. Over the past three weeks, since the Texas freeze-induced low, the hash rate has skyrocketed by 12%, further reinforcing the network’s resilience to external shocks.

Source

@TradeCryptoNow

Trade Crypto Now

06 февраля 2024 17:21

💰 Solana confirms outage on mainnet, engineers are investigating

Solana has confirmed an outage on its blockchain, causing block progression to halt. “Engineers from across the ecosystem are investigating an outage on mainnet-beta,” Solana stated in an incident report. “Solana mainnet-beta is experiencing a performance degradation, block progression is currently halted, core engineers and validators are actively investigating,” blockchain software company and Solana validator Laine posted on X.

Source

@TradeCryptoNow

Trade Crypto Now

05 февраля 2024 17:35

🪙 ENS collaborates with GoDaddy to link web domains with blockchain names

Ethereum Name Service has partnered with domain registrar GoDaddy to allow users to link their domain names to ENS, aiming to connect the DNS protocol used by all traditional websites with the blockchain-based names. The collaboration will bridge the gap between traditional DNS and blockchain technology, with no additional costs or technical expertise required for users.

Source

@TradeCryptoNow

Trade Crypto Now

04 февраля 2024 19:44

According to the data, publicly-traded entities with the largest 🥇 BTC holdings include:

⚫ Grayscale: 487,026 BTC
⚫ MicroStrategy: 189,150 BTC
⚫ BlackRock: 66,200 BTC
⚫ Fidelity: 59,224 BTC
⚫ Purpose Investments: 32,318 BTC

🤝 @Cryptocurrency_Inside ✅

Trade Crypto Now

04 февраля 2024 07:55

💰 FTX seeks permission to speedily sell 8% stake in Anthropic

Bankrupt cryptocurrency exchange FTX is preparing to sell its most significant remaining illiquid asset: the 8% stake the company holds in valuable AI startup Anthropic, which received a $500 million investment from FTX's former CEO, Sam Bankman-Fried, in October 2021. The company, now led by CEO John Ray III, has filed a motion asking a judge to approve the sale of FTX's stake in Anthropic.

Source

@TradeCryptoNow

Trade Crypto Now

03 февраля 2024 10:11

💰 Bitcoin mining difficulty hits new ATH after record 7.3% spike

Bitcoin mining difficulty has surged to a new all-time high, reaching 75.50T at block height 828,576 on Feb. 2, less than a month after its previous record-setting increase on Jan. 6. Mining difficulty saw a significant increase of 7.33%, the highest this year, marking the most difficult period to mine Bitcoin in its history. This milestone highlights the growing challenges and computational demands faced by miners in the Bitcoin network as the next halving looms.

Source

@TradeCryptoNow

Trade Crypto Now

02 февраля 2024 09:21

💰 Spot Bitcoin ETF options could be approved as late as December 2024

Options on spot Bitcoin exchange-traded funds (ETFs) may not earn regulatory approval for several months, Reuters reported on Feb. 1. Martin Leinweber, digital asset product strategist for MarketVector Indexes, told Reuters that it may take two to ten months for those options to gain approval. This implies a possible approval date between April and December 2024.

Source

@TradeCryptoNow