Trade Crypto Now

19 марта 2024 19:04

💰 Grayscale’s GBTC spot bitcoin ETF sees record $642.5 million daily outflow

Grayscale’s converted GBTC spot bitcoin exchange-traded fund saw record daily outflows of $642.5 million on Monday — breaking the prior $640.5 million peak set on Jan. 22. Inflows of $451.5 million from BlackRock’s dominant IBIT ETF were not enough to help overcome GBTC’s outflows, leading to a total net outflow of $154.4 million yesterday for the first time since March 1, according to data from BitMEX Research.

Source

@TradeCryptoNow

Trade Crypto Now

18 марта 2024 19:15

💰 Standard Chartered raises Bitcoin price target to $150,000 by year-end

Standard Chartered Bank has raised its bitcoin price prediction target to $150,000 from its previous estimate of $100,000. "For 2024, given the sharper-than-expected price gains year-to-date, we now see potential for the BTC price to reach the $150,000 level by year-end, up from our previous estimate of $100,000," Standard Chartered Bank analysts led by Geoffrey Kendrick wrote in a report on Monday.

Source

@TradeCryptoNow

Trade Crypto Now

17 марта 2024 10:56

🇸🇻 El Salvador Will Keep Buying 1 💰 Bitcoin Daily Until BTC 'Becomes Unaffordable' With Fiat Currencies, Says President Bukele

El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the cryptocurrency “becomes unaffordable with fiat currencies.” The bitcoins acquired from El Salvador’s daily purchases are also deposited into the same wallet address used for the “large chunk” of bitcoins which Bukele previously revealed.

Source

@TradeCryptoNow

Trade Crypto Now

16 марта 2024 08:55

💰 Financial advisory network Cetera approves the use of 4 spot bitcoin ETFs

Wealth management and financial advisory firm Cetera approved the usage of four U.S. spot bitcoin exchange-traded funds for its network of 9,000 affiliated professionals. BlackRock’s IBIT, Fidelity’s FBTC, Franklin Templeton’s EZBC and Invesco’s BTCO were chosen due to the providers’ track record in successfully launching new product strategies, with the required resources, tools and knowledge, according to a statement from the company on Thursday.

Source

@TradeCryptoNow

Trade Crypto Now

15 марта 2024 11:25

💰 JAN3 CEO expects Bitcoin to hit a million within 24 months 🚀

“I think this year we hit a million, if not this year then next year but it’s coming very soon.”

- Samson Mow

@TradeCryptoNow

Trade Crypto Now

14 марта 2024 10:46

💰 MicroStrategy looks to raise another $500 million via debt to buy more ‘apex property’

MicroStrategy is looking to raise another $500 million via a bond offering to continue growing its Bitcoin stash less than a week after completing a similar debt sale, according to a March 13 press release. The latest senior convertible notes come with a March 15, 2031, maturity date and offer investors a semi-annual interest payment. The offering will include an option for an additional $75 million in notes, subject to market conditions and demand.

Source

@TradeCryptoNow

Trade Crypto Now

13 марта 2024 06:05

JUST IN: 🇺🇸 The Biden administration is proposing a 30% tax on electricity used by 💰 Bitcoin miners

@TradeCryptoNow

Trade Crypto Now

12 марта 2024 07:35

🇺🇸 Biden’s 2025 budget targets crypto tax loopholes, expands digital asset oversight

The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025.

Source

@TradeCryptoNow

Trade Crypto Now

10 марта 2024 19:31

💰 Glassnode Insights Into Long-Term Bitcoin Holders Reveal 228% Average Unrealized Gain

In its analysis, Glassnode emphasizes the notable entry of institutional funds into bitcoin (BTC), especially after the green light for U.S. spot bitcoin exchange-traded funds (ETFs). This influx, contrary to the doubts of critics, has boosted bitcoin’s value, reaching $70,000 last week—a 58% leap from its $42,800 value before the ETF approval.

Source

@TradeCryptoNow

Trade Crypto Now

09 марта 2024 06:50

💰 Financial Journalist Alan Kohler: Bitcoin Is an 'Insurrection'

Alan Kohler, an Australian financial journalist, stated Bitcoin is an “insurrection,” given the tightly controlled rules that control the conditions behind its operation. Kohler explained that while bitcoin crashed tremendously in 2022, it constituted a “subversion to the whole basis of free-market financial capitalism” due to its regulated supply and controlled issuance,

Source

@TradeCryptoNow

Trade Crypto Now

08 марта 2024 08:26

🔻 Optimism Foundation to sell $89 million worth of OP tokens in private sale to unknown buyer

Optimism Foundation, which supports the Ethereum Layer 2 project Optimism, said it is privately selling approximately 19.5 million governance tokens — valued at over $89 million at current prices. The tokens will be subject to a lockup period of two years, according to an official announcement, but the purchaser will still be able to delegate tokens to unaffiliated third parties for governance votes. "Optimism has entered into a private token sale of approximately 19.5M OP tokens,".

Source

@TradeCryptoNow

Trade Crypto Now

07 марта 2024 08:31

💰 Bitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock

Bitcoin's (BTC) record-setting move above $69,000 quickly turned into a bloodbath on Tuesday, but its rapid recovery to $67,000 one day later may foreshadow another imminent run for new all-time highs, according to crypto analytics firm Swissblock. According to a chart shared by Swissblock, bitcoin's quick break back above the $62,000 level marked the start of a fresh uptrend targeting the $76,000 price level.

Source

@TradeCryptoNow

Trade Crypto Now

06 марта 2024 08:20

💰 Bitcoin slides almost 9% to $63,150 after setting new ATH 📉

Bitcoin experienced a notable price adjustment, declining nearly 9% following its ascent to a record-setting pre-halving all-time high. The leading digital currency, which captured significant attention for its surge to $69,324, subsequently corrected to roughly $64,580 within an hour — illustrating the market’s volatility.

Source

@TradeCryptoNow

Trade Crypto Now

04 марта 2024 19:10

💰 Bitcoin market capitalization hits new all-time high after more than two years

The market capitalization of the world's foremost cryptocurrency, Bitcoin, has reached a new all-time high in U.S. dollar terms. Bitcoin's previous market capitalization peak was in November 2021, when it topped ~$1.302 trillion. It afterward declined to ~$297.309 billion a year later, in November 2022, before increasing to new heights today. A cryptocurrency's market capitalization is derived from multiplying the total number of coins or tokens in supply by the current spot price of a single coin or token.

Source

@TradeCryptoNow

Trade Crypto Now

03 марта 2024 21:41

💰 World Economic Forum reports bitcoin mining is helping protect endangered animals in Congo’s national forest.

@TradeCryptoNow

Trade Crypto Now

19 марта 2024 05:54

🇳🇬 Nigeria intensifies probe into 🟠 Binance with court-ordered data disclosure

A Federal High Court in Nigeria has ordered Binance to provide detailed information on all its Nigerian users to the country’s foremost anti-corruption agency — the Economic and Financial Crimes Commission (EFCC). The ruling comes amid rising tensions between the crypto exchange and Nigerian authorities over the past month as the country’s fiat currency collapsed after locals turned to crypto to deal with unabated inflation.

Source

@TradeCryptoNow

Trade Crypto Now

17 марта 2024 19:25

💰 Unveiling 'Mr. 100' — The Mystery Bitcoin Wallet Linked to Upbit's Cold Storage

In the last two months, the crypto community has been buzzing about a wallet affectionately named ‘Mr. 100.’ This moniker originates from its pattern of receiving 100 bitcoin deposits every few days, leading to speculation that it might belong to a wealthy individual from the Middle East. However, onchain analysts from Arkham Intelligence suspect that this wallet is actually the cold storage of Upbit, a major South Korean cryptocurrency exchange.

Source

@TradeCryptoNow

Trade Crypto Now

16 марта 2024 19:25

🥇 32MB blocks is how Bitcoin has started - Vitalik

Bitcoin: Has a block size of 1 MB
Bitcoin Cash: Has a block size of 32 MB
Bitcoin SV: Has a block size of 4 GB.

@TradeCryptoNow

Trade Crypto Now

15 марта 2024 16:35

💰 Michael Saylor on Gold vs Fiat vs Bitcoin

@TradeCryptoNow

Trade Crypto Now

14 марта 2024 21:20

💰 Court rules Craig Wright is Not Bitcoin creator Satoshi Nakamoto

UK High Court has declared that Dr. Craig Wright, an Australian computer scientist, and businessman, is not the author of the Bitcoin whitepaper, did not create the Bitcoin system, and did not operate under the pseudonym Satoshi Nakamoto from 2008 to 2011. The judgment comes as the culmination of the legal battle between Wright and the Cryptocurrency Open Patent Alliance (COPA).

Source

@TradeCryptoNow

Trade Crypto Now

13 марта 2024 18:00

🇪🇺 EU publishes draft rules for stablecoin issuer complaint procedures

The EU has published draft regulatory standards for issuers of stablecoins when dealing with complaints. Wednesday's Regulatory Technical Standards (RTS) set procedures for the "prompt, fair and consistent handling of complaints by holders of ARTs," or asset reference tokens, outlining specific guidelines and requirements for stablecoin issuer complaint management policies and procedures.

Source

@TradeCryptoNow

Trade Crypto Now

12 марта 2024 19:56

💰 BlackRock’s IBIT spot bitcoin ETF amasses 200,000 BTC in two months

After just two months of trading, BlackRock’s IBIT spot bitcoin exchange-traded fund crossed 200,000 in assets under management on Monday. The newborn nine spot bitcoin ETFs — excluding Grayscale’s converted GBTC fund — total more than 420,000 BTC. Of the newborn nine ETFs, Fidelity’s FBTC is currently in second place with over 128,000 BTC and Ark Invest 21Shares’ ARKB is third with nearly 38,000 BTC per BitMEX Research data.

Source

@TradeCryptoNow

Trade Crypto Now

11 марта 2024 17:50

🪙 BlackRock hires GSR research analyst who predicted 75% chance of spot ether ETF approval by May

Investment firm BlackRock hired former GSR research analyst Matt Kunke as a director and product strategist focused on iShares digital assets ETFs. At GSR, Kunke predicted in January that Ethereum ETFs had a 75% chance of approval by May. "This optimistic outlook is grounded in Grayscale's Court of Appeals victory and the subsequent approval of Ethereum Futures ETF, collectively suggesting that the approval of a spot Ethereum ETF is only a matter of time," he said at the time.

Source

@TradeCryptoNow

Trade Crypto Now

09 марта 2024 20:29

🇺🇸 Gensler Warns About Bitcoin: “Highly Speculative and Volatile Asset”

Gensler has repeatedly highlighted the volatile nature of digital assets. He compared Bitcoin to a rollercoaster, indicating the unpredictable price swings that investors may encounter. He stated, “This is a highly speculative asset class, one could just look at the volatility of bitcoin in the last few days”, drawing attention to the fluctuating prices that have characterized the bitcoin market.

Source

@TradeCryptoNow

Trade Crypto Now

08 марта 2024 18:17

💰 Bitcoin’s hash rate hits record high after difficulty drop

Bitcoin’s hash rate, an indicator of the computational power used for mining and processing transactions, has recently achieved a historic high. The 14-day moving average hash rate now stands at an unparalleled 586 eh/s, further enhancing the digital assets security. While the one-day hash rate peak of 711 eh/s on March 7 stands out, the 14-day moving average is considered a more reliable indicator as it smooths over short-term volatility.

Source

@TradeCryptoNow

Trade Crypto Now

07 марта 2024 16:50

🇳🇬 Nigeria to tighten crypto regulation in wake of Binance disputes

The Nigerian Securities and Exchange Commission (SEC) has disclosed plans to introduce new regulations for crypto operators following recent challenges with Binance. The planned regulation would include licensing, registration, and screening guidelines for digital and virtual asset services providers (VASPs). In addition, the new guideline would ensure that malicious actors are not registered as operators within the Nigerian market.

Source

@TradeCryptoNow

Trade Crypto Now

06 марта 2024 16:32

🇸🇬 Bitstamp exchange receives in-principle license approval in Singapore

Crypto exchange Bitstamp announced Wednesday that it has received the in-principle approval for a license to operate as a Major Payment Institution from the Monetary Authority of Singapore (MAS). The in-principle approval, which precedes a full license to operate in Singapore, brings Bitstamp a step closer to offering digital payment token services in the city-state. The exchange said in its press release that it is the first crypto trading platform with a major presence in the EU to obtain such a license from the MAS.

Source

@TradeCryptoNow

Trade Crypto Now

05 марта 2024 19:03

₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 💰 Bitcoin Increases to $69,000 Achieving New Record High Market Price

@TradeCryptoNow

Trade Crypto Now

04 марта 2024 09:21

🇰🇷 South Korea launches probe on Worldcoin as privacy concerns mount

South Korea’s Personal Information Protection Commission has launched an investigation on Worldcoin after receiving complaints about the project’s collection of personal information, especially in scanning people’s irises in return for cryptocurrency. The authority said in a press release on Monday that it will examine Worldcoin’s collection, processing and potential overseas transfer of sensitive personal information.

Source

@TradeCryptoNow

Trade Crypto Now

03 марта 2024 11:26

💰 Bitcoin is already demonetizing gold. In a matter of weeks the Bitcoin ETFs are nearly half the total market cap of gold ETFs which have been around for decades

@TradeCryptoNow