Bitcoin & Crypto Trading

2024-03-12 08:38:29 Today’s Crypto News Round-up :

• Market Movements: BTC’s rise coincided with a pullback in Asian markets and a statement from the Bank of Japan about a potential interest rate hike. #MarketTrends #BitcoinAnalysis
• MicroStrategy’s Bitcoin Bet: MicroStrategy purchased 12,000 more BTC, bringing its total holdings to 205,000 BTC worth around $14.7 billion. Michael Saylor believes bitcoin will eventually surpass gold’s market cap. #BitcoinInvestment #MicroStrategy
• Biden’s Crypto Mining Tax Proposal: President Joe Biden’s 2025 budget includes a proposal for a crypto mining tax expected to generate over $42 billion in the next decade. #CryptoTax #BudgetProposal
• UK’s Regulatory Stance: The UK’s Financial Conduct Authority (FCA) may allow crypto-backed exchange-traded notes (ETNs) for professional investors. #CryptoRegulation #ETNs
• Financial Times’ Change of Heart: The Financial Times, once a critic of cryptocurrencies, acknowledges Bitcoin’s potential as a long-term investment. #BitcoinAcceptance #FinancialTimes
• Donald Trump’s Crypto Comments: Former President Donald Trump, who previously called crypto a “scam,” now says he has been having “fun” with crypto and views Bitcoin as an “additional form of currency.” #TrumpCrypto #BitcoinOpinion
• Shifting Attitudes: The growing acceptance of Bitcoin among elites and the successful launch of spot Bitcoin ETFs in the U.S. suggest a shift in attitudes towards cryptocurrencies. #BitcoinETF #CryptoShift

: https://t.me/Bitcoin_Blockchain_Trading

@Bitcoin_Blockchain_Trading Open / Comment

2024-03-12 08:33:16 BTC $71,937.18 • ETH $4,041.35 • FGI 81 (Extreme Greed) - Today’s Update (12/03/2024)

@Bitcoin_Blockchain_Trading Open / Comment

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.

@Bitcoin_Blockchain_Trading Open / Comment

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

@Bitcoin_Blockchain_Trading Open / Comment

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.

@Bitcoin_Blockchain_Trading Open / Comment

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!

https://t.me/Bitcoin_Blockchain_Trading

@Bitcoin_Blockchain_Trading Open / Comment

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

@Bitcoin_Blockchain_Trading Open / Comment

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

@Bitcoin_Blockchain_Trading Open / Comment

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

@Bitcoin_Blockchain_Trading Open / Comment

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

@Bitcoin_Blockchain_Trading Open / Comment