Bitcoin & Crypto Trading

2024-03-23 09:23:11 BTC $64,107.57 • ETH $3,336.13 • FGI 73 (Greed) - Today’s Update (23/03/2024)

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2024-03-22 15:23:52 • Fantom’s FTM token surged, nearly tripling in the past month, now at $1.16.
• Bitcoin’s volatility continues, with fluctuations expected as the halving event approaches.
• Frax Finance’s roadmap sets a $100 billion TVL goal for its Fraxtal layer 2 by 2026.

Latest Prices:

• Bitcoin (BTC): $64,901, down 3.0%
• Ethereum (ETH): $3,440, down 2.5%
• S&P 500: 5,241.53, up 0.3%
• Gold: $2,168, down 0.7%
• Nikkei 225: $2,168, down 0.7%

Market Insight:

• Bitcoin overbought, correction may continue
• Reduced MOVE index signals lower Treasury volatility
• Potential easing in liquidity stress
#JPMorgan #MarketInsight #BitcoinHalving

Chart of the Day:

• MOVE index signals calm in Treasury notes
• Positive for riskier assets
#MOVEIndex #TreasuryVolatility #MarketLiquidity

Have a great Friday and stay tuned for more updates!
#CryptoFriday #MarketWatch

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2024-03-22 14:06:31 Crypto Market Watch :

• Bitcoin (BTC) $64,622.31 (-3.52%)
• Ethereum (ETH) $3,429.75 (-3.28%)
• Binance Coin (BNB) $569.76 (+0.51%)
• Solana (SOL) $174.10 (-7.99%)
• XRP $0.62045791 (+0.44%)
• Dogecoin (DOGE) $0.158647 (+4.35%)
• Cardano (ADA) $0.6203666 (-2.34%)

Mixed market moves
Stay updated with the latest shifts!

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-22 09:44:20 Your morning crypto digest :

• McHenry’s Stablecoin Bill: Rep. Patrick McHenry announced a potential path for a stablecoin bill in Congress this year, working with Rep. Maxine Waters on the legislation.
• Sam Bankman-Fried’s Misleading Claims: John J. Ray III, CEO of FTX overseeing its bankruptcy, called Sam Bankman-Fried’s claims that customers lost “zero” money “delusional” and “categorically, callously, and demonstrably false.”
• Super Sushi Samurai Exploit: The blockchain game suffered a $4.6 million exploit, with the exploiter attempting a “white hat rescue” hack and offering to work on reimbursing users.
• Ethereum’s SEC Scrutiny: The U.S. Securities and Exchange Commission (SEC) is reportedly looking to reclassify Ethereum’s native token, ether, as a security, raising questions about its future regulatory status.
• Ethereum’s Potential Responses: Ethereum could potentially revert back to a proof-of-work algorithm or see the rise of alternative chains like Ethereum Classic or EthereumPoW in response to SEC actions.
• XRP’s Legal Clarity: XRP has gained some legal clarity after Ripple Labs fought back in court against the SEC, with XRP not considered a security in exchange trades.
• Gensler’s SEC Criticism: SEC Chair Gary Gensler faces criticism for his approach to crypto regulation, with recent court decisions questioning the SEC’s actions in the crypto space.

: https://t.me/Bitcoin_Blockchain_Trading

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2024-03-22 09:24:51 • Bitcoin’s Price Movement: Bitcoin slipped below $65,000 due to a stronger U.S. dollar, influenced by the Swiss central bank’s interest rate cut.
• Recovery: Bitcoin has since recovered, trading at $66,524.
• Altcoins’ Performance: Despite Bitcoin’s initial drop, altcoins like XRP, FIL, and ICP advanced 6%-7%.
• Analysts’ Outlook: Swissblock analysts believe Bitcoin has completed its correction, with higher levels expected in the next uptrend phase. A $150,000 target price is set by some.
• Market Watch: The crypto market continues to be closely monitored for further developments and price movements.

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2024-03-22 09:18:58 BTC $66,524.73 • ETH $3,536.60 • FGI 75 (Greed) - Today’s Update (22/03/2024)

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2024-03-21 15:09:10 Here’s your crypto update:

• Bitcoin and Ether Fluctuations: Both currencies experienced a drop, followed by a recovery, reaching up to 15% above Wednesday’s lows.
• BlackRock’s Ethereum Fund: The asset management giant launched a tokenized asset fund on the Ethereum network.
• Kraken’s Custody Service: The exchange introduced a custody service for institutional clients in Wyoming.

Latest Prices:

• CoinDesk 20 Index: 2,562 (+7.3%)
• Bitcoin (BTC): $66,786 (+5.8%)
• Ethereum (ETH): $3,532 (+8.8%)
• S&P 500: 5,224.62 (+0.9%)
• Gold: $2,213 (+2.6%)
• Nikkei 225: $2,213 (+2.6%)

Market Insight:

• Tracking Speculative Frenzy: Keep an eye on the price difference between next-month and front-month futures contracts for signs of speculative sentiment in the Bitcoin market.

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-21 14:41:49 Crypto Market Watch :

• Bitcoin (BTC) $67,094.51 (+5.35%)
• Ethereum (ETH) $3,537.63 (+7.66%)
• Binance Coin (BNB) $559.21 (+4.17%)
• Solana (SOL) $189.91 (+8.80%)
• XRP $0.6174 (+3.27%)
• Cardano (ADA) $0.6338 (+3.52%)
• Dogecoin (DOGE) $0.1517 (+11.77%)

Stay updated with the latest market trends!

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-21 11:03:10 Your morning crypto round-up :

Solana Surpasses Ethereum: Solana has overtaken Ethereum as the most active smart-contract blockchain, with a 67% increase in trading volume to $21.3 billion in the past week .

BlackRock’s Tokenized Fund Venture: BlackRock is reportedly partnering with Securitize on a tokenized fund, hinting at a move towards asset tokenization in finance .

SEC’s Ethereum Security Classification: The SEC is gearing up to potentially classify Ethereum’s native token, ETH, as a security, a decision that could have major implications for the crypto industry .

Sam Bankman-Fried’s Legal Battle: SBF’s defense team is pushing back against the DOJ’s recommended 50-year sentence, arguing he’s being unfairly portrayed as a “depraved super-villain” .

Laundering Funds Verdict: U.K. citizen Jian Wen found guilty of laundering funds for a former employer accused of a $6 billion investment scam in China .

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-21 09:56:13 • Bitcoin (BTC) topped $67,000, recording a more than 10% jump after the Federal Reserve’s dovish stance on interest rates.
• Ether (ETH) rebounded from a 6% dip earlier in the day, triggered by fears of more SEC regulation.
• Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) led gains among major cryptocurrencies, boosted by Coinbase’s plan to offer futures contracts.
• The CoinDesk 20 Index (CD20) was up nearly 3% over the past 24 hours.
• Traditional markets also climbed, with the S&P 500 index jumping nearly 1% to a fresh all-time high and the Nasdaq-100 gaining 1.3%.
• The Fed maintained its outlook for three rate cuts this year, despite hotter-than-expected inflation figures.
• Fed Chair Jerome Powell said they are making good progress on bringing inflation down, signaling a continued dovish inclination.

#Bitcoin #Ether #Dogecoin #Cryptocurrency #Fed #InterestRates #Inflation #Markets

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