Bitcoin & Crypto Trading

2024-03-09 07:40:44 BTC $68,426.75 • ETH $3,935.82 • FGI 84 (Extreme Greed) - Today’s Update (09/03/2024)

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2024-03-08 16:19:05 Crypto Highlights:

• Ether is approaching the $4,000 mark, trading at around $3,950.
• Optimism sold $89 million worth of OP tokens in a private transaction.
• JPMorgan suggests Bitcoin is unlikely to match gold’s allocation in investor portfolios due to its volatility.

Latest Prices:

• CoinDesk 20 Index: 2,633 (+2.7%)
• Bitcoin (BTC): $67,591 (+0.7%)
• Ethereum (ETH): $3,944 (+3.8%)
• S&P 500: 5,157.36 (+1.0%)
• Gold: $2,176 (+0.9%)
• Nikkei 225: $2,176 (+0.9%)

Market Insight:

• Interest in Bitcoin options has surged, with over $20 million locked in a call option at the $200,000 strike price.

Chart of the Day:

• The notional open interest in ether call options stands at $7.57 billion, indicating a market positioned for a continued rise in Ethereum’s value.

#cryptoupdate

: https://t.me/Bitcoin_Blockchain_Trading

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2024-03-08 15:06:33 Crypto Market Watch :

• BTC: $67,815.05, ↑ 1.33%
• ETH: $3,954.94, ↑ 4.39%
• BNB: $475.64, ↑ 8.22%
• SOL: $149.15, ↑ 6.32%
• XRP: $0.62829683, ↑ 0.98%
• ADA: $0.73630448, ↓ -0.31%
• DOGE: $0.16997429, ↑ 10.68%

#CryptoUpdate #MarketWatch #DigitalCurrency

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2024-03-08 11:06:31 • Ether (ETH) Potential Surge: Analysts predict Ether could reach or exceed $10,000 in 2024 due to multiple catalysts. #Ether #CryptoGrowth
• Bitcoin’s Influence: While Bitcoin has recently hit new all-time highs, Ether is expected to catch up and possibly double in price. #Bitcoin #MarketTrends
• Key Catalysts: The upcoming Dencun upgrade and excitement around spot ETF applications are major factors driving Ether’s potential growth. #DencunUpgrade #ETFCatalyst
• Dencun Upgrade Impact: The upgrade aims to reduce transaction costs on layer 2 networks, boosting Ethereum’s activity and mainstream appeal. #EthereumUpgrade #Layer2
• Spot ETF Applications: Decisions on spot ether ETFs are anticipated in May, with a 50%-60% chance of approval, which could attract institutional investors. #ETFApproval #InstitutionalInterest
• Deflationary Supply & DeFi: Ether’s deflationary supply and increasing decentralized finance (DeFi) activity support higher prices. #DeflationarySupply #DeFiGrowth
• Market Cycle Patterns: Historical patterns suggest Bitcoin leads market recoveries, with Ether and other cryptocurrencies following. #MarketCycles #CryptoTrends
• Current Performance: Ether has recently outperformed Bitcoin, with a 14% increase over the past week compared to Bitcoin’s 9% gain. #PerformanceComparison #MarketUpdate

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2024-03-08 09:08:17 Today’s Crypto News Round-up :

1. Pantera Capital’s New Fund: Pantera Capital is raising a fund to purchase up to $250 million of SOL tokens from the FTX estate at a discount of 39% below its average price.
2. Airdrop Season: Wormhole confirms a W token airdrop on Solana and Ethereum, and Kamino announces a token launch with airdrops planned for March 31.
3. BlockFi Settlement: BlockFi reaches a settlement with FTX’s estate for $874.5 million, with FTX forfeiting its right to “clawback” capital from BlockFi.
4. Do Kwon’s Extradition: Terra founder Do Kwon will be extradited from Montenegro to South Korea after March 23 to face charges over the collapse of his crypto enterprise.
5. Fed’s Stance on CBDCs: Federal Reserve Chair Jerome Powell states that the Fed is “nowhere near” adopting a central bank digital currency (CBDC).
6. ShapeShift’s SEC Settlement: Crypto exchange ShapeShift settles with the SEC for $275,000 over alleged securities law infractions, with dissenting opinions questioning the SEC’s approach.

: https://t.me/Bitcoin_Blockchain_Trading

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2024-03-08 09:04:08 BTC $66,986.69 • ETH $3,890.86 • FGI 81 (Extreme Greed) - Today’s Update (08/03/2024)

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2024-03-07 17:29:22 Crypto Snapshot :

• BTC: $67,257, ↑ 0.49%
• ETH: $3,832, ↓ 0.51%
• BNB: $446, ↑ 5.69%
• SOL: $147, ↑ 14.79%
• XRP: $0.6252, ↑ 3.67%
• ADA: $0.7438, ↑ 3.74%
• DOGE: $0.1565, ↓ 4.07%

#CryptoUpdate #BTC #ETH #BNB #SOL #XRP #ADA #DOGE

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2024-03-07 16:23:47 Today’s crypto highlights:

• AI-related tokens rise as Nvidia conference nears
• BlockFi settles with Alameda Estates, FTX for $870M
• Figment Europe & Apex to list ether and solana staking ETPs on SIX exchange

Latest Prices:

• Bitcoin (BTC): $66,911, up 0.3%
• Ethereum (ETH): $3,796, down 1.2%
• S&P 500: 5,104.76, up 0.5%
• Gold: $2,163, up 0.6%
• Nikkei 225: $2,163, up 0.6%

Market Insight:

• Bitcoin’s surge coincides with tech optimism on Wall Street

Chart of the Day:

• Solana (SOL) open interest hits record high of over $2 billion

#CryptoNews #Bitcoin #Ethereum #AI #Nvidia #BlockFi #FTX #Staking #SIXExchange #MarketInsight #TechOptimism

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2024-03-07 09:33:58 Today’s crypto news round-up :

• BTC Miners Sold Dormant Coins: Contributed to price drop as they sold long-dormant bitcoin sourced from old block rewards.
• Binance.US Layoffs: Laid off two-thirds of its workforce following an SEC suit, leading to a loss of around $1 billion in assets from the platform.
• SEC Delays Ether ETF Decision: Asked for public comments on the approval of spot ether ETFs and their susceptibility to manipulation.
• Crypto Market Recovery: Bitcoin and other cryptocurrencies like SOL, ADA, and ether rebounded, driving a broader market recovery. Bitcoin ETF volumes broke the $10 billion mark.
• BRICS Blockchain Payment System: The BRICS nations plan to develop a blockchain-based payment system that is convenient and free of politics.
• Bitcoin and Inflation: Despite recent rallies, Bitcoin has not kept up with inflation since its last all-time high in November 2021. The current value of BTC would need to hit $78,905.45 to match its 2021 value when adjusted for inflation.
• Bitcoin’s Value Proposition: Despite not keeping up with inflation, Bitcoin’s limited supply and recent performance during a period of high interest rates strengthen its position as a store of value. It has appreciated more than 50% year-to-date.

: https://t.me/Bitcoin_Blockchain_Trading

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2024-03-07 09:29:13 BTC $66,197.93 • ETH $3,778.21 • FGI 82 (Extreme Greed) - Today’s Update (07/03/2024)

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