Bitcoin & Crypto Trading

2024-03-15 15:32:56 Here’s your crypto update:

• Bitcoin’s drop to $66,800 on Friday after soaring above $70,000 earlier in the week. Over $100 million in long positions wiped out. #BitcoinDrop #MarketCorrection
• El Salvador moves $400 million of bitcoin into a cold wallet. #ElSalvador #BitcoinStorage
• Galaxy Digital should be a core holding for equity investors, according to Stifel. #GalaxyDigital #InvestmentAdvice

Latest Prices :
• Bitcoin (BTC): $67,752 (-6.9%) #BitcoinPrice
• Ethereum (ETH): $3,686.03 (-6.34%) #EthereumPrice
• S&P 500: 5,150.48 (-0.3%) #StockMarket
• Gold: $2,172 (+0.4%) #GoldPrice
• Nikkei 225: $2,172 (+0.4%) #Nikkei225

Market Insight :
Gold investors aren’t switching into BTC. Both assets are being bought by institutional and individual investors. #GoldVsBitcoin #InvestmentTrends

Liquidation Alert :

• Bitcoin’s overnight drop to $67,000 has liquidated over $800 million worth of positions. #BitcoinLiquidation #MarketVolatility

Stay informed and have a great weekend! #CryptoNews #MarketUpdate

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-15 11:23:13 Crypto Market Watch :

• Bitcoin (BTC): $68,218.60, down 7.12%
• Ethereum (ETH): $3,737.63, down 5.99%
• Binance Coin (BNB): $577.79, down 5.50%
• Solana (SOL): $175.60, up 3.73%
• XRP: $0.63250835, down 6.88%
• Cardano (ADA): $0.71441796, down 8.18%
• Dogecoin (DOGE): $0.16599494, down 10.24%

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-15 08:45:37 Today’s crypto news round-up :

• BTC DEV COMP: MicroStrategy, now a Bitcoin Development Company, filed to raise $500 million to add to its nearly $15 billion bitcoin horde. The company recently acquired another 12,000 bitcoin for $821.7 million. Peter Schiff, a bitcoin critic, admitted he wished he’d bought BTC in 2010.

• Meme Coin Mania: Solana’s meme coin dogwifhat (WIF) will display its mascot on the Sphere in Las Vegas after raising $690,000 in donations. Franklin Templeton’s report highlights a strong relationship between meme coin price surges and user base growth.

• Low, Low Prices!: Ethereum’s transaction costs have dropped following the Dencun hardfork. Optimism fees fell to nearly 4 cents, Base to 3 cents, and Arbitrum to 40 cents. The low fees allowed a developer to post the entire script of the Bee Movie on Ethereum for about $14.

• Incoming Income: El Salvador has eliminated income tax on money coming in from abroad, adding to its attractiveness for investors. The country is sitting on around $84 million in bitcoin profits.

• Wright Was Wrong: Craig S. Wright, self-declared inventor of Bitcoin, has been ruled a fraud by a U.K. judge. The Crypto Open Patent Alliance (COPA) won a case against Wright, who has been involved in numerous legal battles. Hodlonaut, a Bitcoiner sued by Wright, feels vindicated by the verdict.

: https://t.me/Bitcoin_Blockchain_Trading

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-15 08:21:25 • Bitcoin (BTC) price dropped to $67,000 during Asian trading hours on March 15, 2024, a 7% decrease from $70,000.
• The price later recovered to around $68,500.
• Current BTC price is now ~$67,946.02.
• Over $100 million in long positions were wiped out in the last 12 hours, with $167 million liquidated in the last 24 hours.
• The CoinDesk 20 index, measuring the largest and most liquid digital assets, fell by 6%.
• Gold prices and Nasdaq also experienced pressure this week.
• Analysts describe BTC’s pullback as a typical bull breather after sharp uptrends.
• Recent strong U.S. CPI data has cooled expectations of a Fed rate cut, contributing to the drop.
• Uncertainties ahead of next month’s mining reward halving are causing market adjustments.
• QCP Capital expects dips to be fleeting as long as daily BTC spot ETF demand remains strong.
• A prediction market contract on Polymarket gives a 38% chance that BTC will close above $70,000 by noon Friday in the U.S. Eastern Time.

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-15 08:15:13 BTC $68,006.55 • ETH $3,703.84 • FGI 83 (Extreme Greed) - Today’s Update (15/03/2024)

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-14 15:23:17 Today’s crypto highlights:

• Robinhood sees premarket jump after reporting higher February trading volumes.
• Ethereum’s DenCu upgrade makes Layer 2 cheaper .
• Fireblocks & Zodia Markets team up for faster cross-border payments .

Latest Prices:

• CoinDesk 20 Index: 2,828, up 2.2% .
• Bitcoin (BTC): $72,778.46, down 0.56% .
• Ethereum (ETH): $3,946.32, down 2.53% .
• S&P 500: 5,165.31, down 0.2% .
• Gold: $2,175, steady 0.0% .
• Nikkei 225: $2,175, steady 0.0% .

Market Insight:

• Watch out for Bitcoin’s ‘Rising Wedge’—potential for pullback .
• Daily Bitcoin outflows from Coinbase are increasing, hinting at a possible supply shock ahead .

: https://t.me/Bitcoin_Blockchain_Trading

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-14 13:28:32 Crypto Market Watch :

• BTC: $73,156.88 0.18%
• ETH: $3,976.04 1.82%
• BNB: $611.35 5.51%
• SOL: $172.63 13.55%
• XRP: $0.6951 0.52%
• ADA: $0.8066 6.45%
• DOGE: $0.1859 9.65%

: https://t.me/Bitcoin_Blockchain_Trading

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-14 10:03:22 Crypto News Roundup :

• Bitcoin’s Price Movements: Bitcoin climbed above $73,000, reversing previous losses after $360 million in liquidations. Spot bitcoin ETFs saw record inflows, indicating bullish market sentiment.
• Ethereum’s “Dencun” Upgrade: Ethereum’s anticipated “Dencun” upgrade went live, enhancing layer-2 networks like Arbitrum and Polygon by making data storage cheaper and boosting network functionality.
• Coinbase’s $1 Billion Debt Offering: Coinbase plans to raise $1 billion through a convertible debt offering, following MicroStrategy’s strategy to fund acquisitions without affecting stock prices.
• U.S. IP Laws & NFTs: The U.S. Patent and Trademark Office and Copyright Office concluded that current intellectual property laws do not need updates to accommodate NFTs.
• Roman Sterlingov’s Conviction: Roman Sterlingov, operator of the Bitcoin Fog crypto mixer, was convicted on four charges related to money laundering. His defense team plans to appeal, citing jurisdiction issues.
• Blockchain Analysis in Court: The case against Sterlingov highlighted debates over the reliability of blockchain analysis tools like Chainalysis’ Reactor software, with questions about its accuracy and scientific validity.

: https://t.me/Bitcoin_Blockchain_Trading

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2024-03-14 09:57:46 BTC $73,541.55 • ETH $3,980.63 • FGI 88 (Extreme Greed) - Today’s Update (14/03/2024)

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-13 15:24:34 Today’s crypto highlights:

• Coinbase (COIN) announced a plan to raise $1 billion through selling convertible bonds, avoiding an equity sale that could hurt its stock price.
• Ether (ETH) prices might see a correction, Singapore-based digital assets trading firm QCP Capital said. The firm is still cautiously optimistic about the long-term potential of ether.
• Current U.S. intellectual property laws are adequate to deal with concerns about copyright and trademark infringement associated with NFTs, a study concluded.

Latest Prices:

• CoinDesk 20 Index: 2,768 (+1.8%)
• Bitcoin (BTC): $73,271.14 (+1.52%)
• Ethereum (ETH): $4,056 (+1.2%)
• S&P 500: 5,175.27 (+1.1%)
• Gold: $2,169 (+0.4%)
• Nikkei 225: $2,169 (+0.4%)

Market Insight:

BTC Eyes $74K as ETFs See Record $1B in Net Inflows. Bitcoin (BTC) climbed above $73,000 early Wednesday, adding 2.5% in 24 hours to reverse Tuesday’s losses.

@Bitcoin_Blockchain_Trading Open / Comment