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Spot #Bitcoin ETFs Record More Than $10B in Trading Volume Bitcoin exchange-traded funds (#ETFs ) listed in the US experienced their most active trading day on Tuesday, with trading volume exceeding $10 billion, as Bitcoin's attempt to reach its previous all-time high encountered a setback. After briefly surpassing $69,000, Bitcoin witnessed a 7% decline within 24 hours, according to CoinGecko data. Analyst Eric Balchunas from Bloomberg Intelligence highlighted that the ten recently approved ETFs collectively surpassed $10 billion in trading volume during the session, surpassing the previous week's record. BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB, and ARKB, managed by Ark Invest and 21Shares, all achieved personal volume records. $BTC #BTC‬ #Cryptoniteuae

Spot #Bitcoin ETFs Record More Than $10B in Trading Volume

Bitcoin exchange-traded funds (#ETFs ) listed in the US experienced their most active trading day on Tuesday, with trading volume exceeding $10 billion, as Bitcoin's attempt to reach its previous all-time high encountered a setback. After briefly surpassing $69,000, Bitcoin witnessed a 7% decline within 24 hours, according to CoinGecko data.

Analyst Eric Balchunas from Bloomberg Intelligence highlighted that the ten recently approved ETFs collectively surpassed $10 billion in trading volume during the session, surpassing the previous week's record.

BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB, and ARKB, managed by Ark Invest and 21Shares, all achieved personal volume records. $BTC #BTC‬ #Cryptoniteuae

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Ethereum: These 4 ‘culprits’ fueled sell-offs, 7% price fall Four whales including notable institutional investors took part in selling off some of their #Ethereum [ $ETH ] holdings as the altcoin’s price collapsed on the charts. In fact, ETH depreciated by over 7% in just 24 hours. According to Lookonchain, Cumberland, a trading firm, sent a total of 17,206 #ETH to exchanges. At the time of the transactions, the coins were worth $57.3 million. #FTX also deposited $8.33 million worth of ETH to Binance. Finally, the other two institutions sold a combined $39.92 million in ETH.
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Bitcoin is 7% Down . 😥 . This halving will it- 1. Really up and then crash again 2. Rally up and then to the moon . #bitcoin #bitcoinhalving #BullorBear #cyptoniteuae $BTC
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@Cryptoniteuae is thrilled to announce a media partnership with The 13th Global Blockchain Congress (@AgoraGBC )! This exclusive event brings together industry leaders to discuss: - UAE as a Global Blockchain Hub -Real-World Asset Tokenization -Digital Asset Market Outlook -Web3 Gaming Revolution -AI & Crypto Intersection -Future of NFTs in 2024 -Crypto Fundraising Strategies -Decentralized Physical Infrastructure Networks (DePIN) Join us for insightful discussions with over 60 speakers, 150 investors, and 200+ delegates! . Register Now- https://platform.agoragroup.ae/apply/60 Stay tuned for exclusive coverage from CryptoniteUAE! #Dubai #Events2024 #Cryptoniteuae #Bitcoin #Agora
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DeFi Gets a Boost: Matrix Pulse Network Launches on Binance Smart Chain- The first Layer 2 solution for #BSC without using a roll up of any other layer 2 solution. Matrix Reserve is bringing a revolution to DeFi with the launch of Matrix Pulse Network, a #Layer2 solution built for the Binance Smart Chain (BSC). This new technology promises to address the challenges of slow transactions and high fees that plague traditional blockchains. What are Layer 2 Solutions? Layer 2 solutions operate on top of existing blockchains, taking the processing burden off the main chain. This allows for faster transactions and lower fees, making DeFi more accessible and efficient. Why Matrix Pulse Network Matters? Matrix Solution is a revolutionary leap in blockchain scalability, designed for unmatched speed, Efficiency and security. A first for the Binance Smart Chain Ecosystem. Their breakthrough technology ensures that transactions on Matrix Reserve are Faster, More cost effective and greener than ever before Fueling up a rich ecosystem of decentralized applications. What to Expect from #matrixpulsenetwork ? -Lightning-fast transactions: Experience DeFi without the wait. -Minimal fees: Trade and interact without breaking the bank. -Enhanced security: Inherits the robust security of the Binance Smart Chain. Join the DeFi Revolution with the Exclusive Presale. Be part of #DeFi history by participating in the limited-slot presale for the Matrix Pulse Network. This is your chance to be among the first movers in this revolutionary space. Ready to Unlock the Potential of DeFi? Head over to https://www.matrixreserve.com/ to learn more About Matrix Pulse Network and join Matrix Reserve in shaping the future of DeFi. Don't miss out on this exciting opportunity! #dyor
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THE TOP 4 CRYPTOS TO WATCH THAT MAY GO TO $100 IN THE 2024 BULLISH RUN- #DYOR🟢. There is a lot of excitement in the cryptocurrency industry because a number of cryptocurrencies appear to be poised for a strong rise in 2024, possibly hitting $100. ORDI, Injective ( #INJ ), Compound ( #COMP ), and OKB are notable examples of these. Each of these digital assets shows potential for market leadership and technological breakthroughs, indicating that they could drive the next positive trend. 1. ORDI As of 2023, $ORDI is one of the best cryptocurrency investments, having performed remarkably well on prestigious platforms like Binance and giving early investors an amazing 800% return. 2. Injective ( $INJ ) A new generation of DeFi apps is made possible by Injective, a blockchain specifically created for the financial industry. It functions as an open, interoperable layer one blockchain. 3. Compound ( $COMP ) Compound (COMP), a prominent decentralized finance (DeFi) lending protocol, allows users to earn interest on their digital assets by depositing them into different pools on its platform. 4. OKB #OKB introduced by the OK Blockchain Foundation and OKEx exchange, holds a crucial position within the exchange's ecosystem.
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