Bitcoin & Crypto Trading

2024-03-11 18:06:51 • Bitcoin’s market cap jumps to $1.4T, surpassing silver, now the world’s eighth most valuable asset.
• With a 4% increase, Bitcoin reached a record high of over $72,000 in early U.S. trading.
• Previously, Bitcoin surpassed Meta’s (formerly Facebook) market cap of $1.2 trillion.
• Next target: Google’s parent company Alphabet, with a valuation just shy of $1.7 trillion.
• Bitcoin bulls aim for gold’s market cap of $14.7 trillion, requiring a price of over $720,000 per token.
• Positive momentum for Bitcoin driven by BTC Spot ETFs, with the London Stock Exchange accepting applications for Bitcoin and Ether ETNs.

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2024-03-11 15:41:00 Crypto Week Kickoff:

• BTC Breaks More Records: Climbs above $72,000 for a new all-time high.
• South Korea Surge: Weekend crypto trading volume skyrockets.
• India Welcomes ETFs: Mudrex offers U.S. spot bitcoin ETFs to investors.

Latest Prices

• CoinDesk 20 Index: 2,717 (+2.1%)
• Bitcoin (BTC): $72,000+ (New all-time high)
• Ethereum (ETH): $4,024 (+1.9%)
• S&P 500: 5,123.69 (−0.7%)
• Gold: $2,184 (+0.2%)
• Nikkei 225: $2,184 (+0.2%)

Market Insight:

• ARK Invest sells nearly $150M in Coinbase shares.

Chart of the Day:

• Spiking bitcoin futures funding rates signal market excitement.

#CryptoUpdate #Bitcoin72K #MarketSurge #SouthKoreaCrypto #IndiaETFs #ARKInvest #Coinbase #MarketInsights

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2024-03-11 15:23:51 Crypto Market Watch :

• BTC : $71,607.70 (+2.60%)
• ETH : $4,038.02 (+2.24%)
• BNB : $521.37 (-2.31%)
• SOL : $149.28 (+2.27%)
• XRP : $0.6254 (+0.68%)
• ADA : $0.7392 (+1.19%)
• DOGE : $0.1758 (+1.21%)

Invest responsibly.

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2024-03-11 14:59:49 Here’s your crypto news roundup:

• Bitcoin’s Record High and Retraction: Bitcoin (BTC) once again broke its own record, reaching over $72,000 before experiencing a sharp decline. It is currently trading at around $71,660, showcasing the continued volatility of the cryptocurrency market.
• South Korea’s Crypto Surge: Trading volumes on Korea-based crypto exchanges hit a record 12 trillion won on Sunday, surpassing the KOSPI stock market’s volume of 11.47 trillion won on Friday. Koreans are increasingly favoring high-risk, high-return investments, particularly altcoins over major assets like BTC or ETH. The “Kimchi premium” highlights strong retail demand, with Korean investors willing to pay a premium for Bitcoin.
• ARK Invest’s Coinbase Offload: Cathie Wood’s ARK Invest sold over 580,000 shares of Coinbase (COIN), worth approximately $149.85 million, marking the largest sale of Coinbase stock by ARK since mid-February. The move comes as Coinbase shares have soared by over 80% in the last month, driven by a nearly 50% rally in Bitcoin’s price during the same period.
• Unibot’s Price Drop: The native token of trading application Unibot (UNIBOT) plunged 40% on Monday after ending its collaboration with the Solana group over security concerns. The token’s price has slightly rebounded but remains down over 30% in the last 24 hours.

Stay tuned for more updates in the world of crypto!

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2024-03-11 11:52:28 • Bitcoin Surpasses $71K: For the first time ever, Bitcoin (BTC) has crossed the $71,000 mark during Asian trading hours on Monday. #BitcoinPrice #BTCMilestone
• Steady Rise: The leading cryptocurrency has been on an upward trend since the approval of spot bitcoin exchange-traded funds (ETFs) in the U.S. #BitcoinETF #CryptoGrowth
• Market Liquidity Boost: The rally has increased the annualized three-month futures premium on major exchanges like Binance to above 25%, potentially attracting cash and carry traders. #FuturesPremium #MarketLiquidity

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2024-03-11 10:30:58 • Asian Stocks Slide: Japan’s Nikkei index fell over 2% amid talks of a Bank of Japan (BOJ) rate hike. #AsianStocks #Nikkei #BOJRateHike
• Bitcoin Sets New Record: Bitcoin’s price has rebounded and set a new record at $70,787, after trading slightly lower early Monday. #BitcoinPrice #Cryptocurrency #NewRecord
• BOJ Policy Shift: The BOJ, known for ultra-low interest rates, might raise rates for the first time since 2007. This has caused uncertainty in both traditional and crypto markets. #InterestRates #MonetaryPolicy #BOJ
• Potential Rate Hike Impacts: A rate hike could affect global bond yields and asset prices, including technology stocks and cryptocurrencies. #RateHike #MarketImpact #Investment
• Crypto Market Outlook: Despite potential market fluctuations, the consensus in the crypto market is that any dip in Bitcoin’s price is likely to be short-lived, with a rally into six figures expected in the coming months. #CryptoBulls #BitcoinRally #MarketPrediction

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2024-03-11 07:34:46 • BlackRock’s Bitcoin ETF (IBIT) surpasses MicroStrategy: In less than two months, IBIT has accumulated more Bitcoin, reaching 195,985 tokens compared to MicroStrategy’s 193,000. #BitcoinETF #BlackRock #MicroStrategy
• Spot BTC ETF opens new doors for traditional finance (TradFi): With daily inflows worth hundreds of millions, IBIT has become the largest new spot product, excluding the Grayscale Bitcoin Trust. #SpotETF #TradFi #BTCInvestment
• Grayscale’s GBTC next in line: Despite losing over 200,000 Bitcoin, GBTC still holds around 400,000 tokens. #Grayscale #GBTC #BitcoinHoldings
• Bitcoin’s price surge: The demand for new spot ETFs has contributed to Bitcoin’s over 60% price increase this year, with the cryptocurrency hitting a new all-time high of $70,136. #BitcoinPrice #CryptoMarket #AllTimeHigh

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2024-03-11 07:30:25 BTC $68,700.04 • ETH $3,864.87 • FGI 82 (Extreme Greed) - Today’s Update (11/03/2024)

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2024-03-10 14:06:43 Crypto Market Watch :

• Bitcoin (BTC) : Holding strong at $69,848.48, up by 2.07%.
• Ethereum (ETH) : A slight gain, trading at $3,944.04, increasing by 0.54%.
• Binance Coin (BNB) : Slight decrease to $532.93, down by 0.74%.
• Solana (SOL) : Nearly unchanged at $147.09, down by 0.15%.
• XRP (XRP) : Stable at $0.62309186, down by just 0.03%.
• Cardano (ADA) : Up by 0.52%, priced at $0.73431320.
• Dogecoin (DOGE) : The biggest mover, up 4.28%, at $0.17360042.

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2024-03-10 10:21:04 Sunday Crypto News Round-up :

• Bitcoin’s Moves : Bitcoin recovered to $69,483.33 on Sunday after a short dip on Saturday.
• Rise in Crypto Crime : The FBI reported that crypto investment scams in the U.S. resulted in nearly $4 billion in losses in 2023, a 53% increase from 2022.
• Optimism Foundation’s Private Sale : The Optimism Foundation sold approximately 19.5 million OP tokens, worth around $90 million, to an unidentified buyer in a private sale. The tokens will be locked for two years but can be used for governance decisions.
• NFTs and Art : Robert Alice, a pioneering artist in the NFT space, has been working on a survey of NFT art history for TASCHEN. Despite the financial downturn in NFTs, Alice sees them as part of a broader crypto-anarchic movement and a tool for shaking up the traditional art industry.
• Crypto’s Impact on Art : Alice discusses how blockchain and NFTs are changing the art market, the importance of transparency, and the potential for new experiences in digital art.
• Bill Ackman’s Bitcoin Consideration : Billionaire hedge fund manager Bill Ackman mulls over Bitcoin, suggesting a scenario where the price of Bitcoin could soar due to a cycle of increased mining, energy use, inflation, and demand for Bitcoin. However, he acknowledges that the scenario could also work in reverse. Ackman has mostly steered clear of Bitcoin in the past but has invested in some crypto projects and funds as a hobbyist.

: https://t.me/Bitcoin_Blockchain_Trading

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