Bitcoin & Crypto Trading

2024-03-23 10:51:38 Your Saturday crypto news round-up :

• Do Kwon’s Extradition Halted: Terra co-founder Do Kwon’s extradition to South Korea is on hold due to legal challenges in Montenegro
• OKX Leaves India: Crypto exchange OKX is exiting India due to regulatory challenges, with clients advised to close positions by the end of April
• Frax Finance’s Roadmap: Released a “singularity roadmap” aiming to grow its layer 2 blockchain, Fraxtal, to $100 billion in total value locked by 2026
• FTX’s Stake in Anthropic: Bankers are lining up buyers for FTX’s 8% stake in AI startup Anthropic, valued at $1 billion, to repay investors
• Cathie Wood on Bitcoin: Ark Invest CEO Cathie Wood calls Bitcoin a “financial super highway” and reiterates a $1.5M price target, highlighting its importance in emerging markets
• SEC’s Gensler on Crypto: SEC Chairman Gary Gensler emphasizes the need for crypto firms to register and provide disclosures, stating that the crypto markets could use some “disinfectant”

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2024-03-23 09:27:57 • Bitcoin Price Drops: Bitcoin fell below $63,000 amid a broader crypto sell-off, with the price rebounding modestly to $64,000 but still down 3.7% over 24 hours
• Market Volatility: The sell-off affected the broader market, with the CoinDesk 20 Index down 4.4%, led by layer-1 network Solana’s token (SOL) declining more than 10% at one point
• ETF Outflows: U.S.-listed spot Bitcoin ETFs faced net negative flows for the first week since late January, primarily due to large outflows from Grayscale Bitcoin Trust (GBTC)
• Recovery Predictions: Galaxy CEO Mike Novogratz said it will take some time for Bitcoin to recover to $73,000, as the market entered a corrective period after reaching an all-time high over $73,000
• Future Outlook: Coinbase analysts suggest ETF inflows may return once GBTC selling is completed, citing favorable macro conditions and central bank policy. They expect the current US disinflationary trend to remain intact, with financial conditions in the US continuing to ease

: https://t.me/Bitcoin_Blockchain_Trading

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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!

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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.

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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!

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