Binance Square
Home
Notification
Profile
Trending Articles
News
Creator Center
Settings
LIVE
LIVE
Cryptoniteuae
--・28.8k views
Saudi Arabia, Qatar Rumored 1M $BTC Buy Could Come Next Week. The two governments are rumored to be sizing up by buying around one million #BTC . The Qatari government was reportedly preparing a $500 billion investment in Bitcoin. Analyst Justin Verrengia said the #saudi and #qatar governments’ rumored investment into Bitcoin will be announced next week. #cryptoniteuae #Write2Earn

Saudi Arabia, Qatar Rumored 1M $BTC Buy Could Come Next Week.

The two governments are rumored to be sizing up by buying around one million #BTC .

The Qatari government was reportedly preparing a $500 billion investment in Bitcoin.

Analyst Justin Verrengia said the #saudi and #qatar governments’ rumored investment into Bitcoin will be announced next week. #cryptoniteuae #Write2Earn

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Replies 11
Quote 2
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
Cryptoniteuae
@Cryptoniteuae

Explore More From Creator

#RoadcastLive #Podcast #SebastienBorget #Sandboxgames #Vaibhavvali
--
PEPE's recent price decline might be setting the stage for a rebound, fueled by whale behavior and overall market sentiment. Unlike in other assets, whale selling in PEPE often precedes price surges, as seen historically. Additionally, many #PEPE holders are close to reaching profit thresholds, which could discourage selling and support price appreciation. Currently trading above a critical support level, $PEPE could potentially rally to $0.0000100. However, failure to maintain support may lead to a drop to $0.0000063. While signs point to a potential increase, investors should exercise caution and monitor support levels closely. #CryptoWatchMay2024 #buythedip #cryptoniteuae
--
Recent on-chain data reveals a notable decline in #Bitcoin exchange inflows, reaching levels unseen in nearly a decade, according to CryptoQuant author Axel Adler Jr. Exchange inflows, representing the total amount of Bitcoin deposited into centralized exchange wallets, have been steadily decreasing. High exchange inflows typically indicate selling intentions, potentially signaling a bearish sentiment for the asset. Conversely, low exchange inflows suggest reduced selling activity, which can be interpreted as a bullish or neutral indicator for Bitcoin's price. The decline in exchange inflows could indicate a decreased appetite for selling Bitcoin, potentially contributing to a bullish effect on its price due to supply-demand dynamics. However, the long-term trend of declining exchange inflows may also reflect the evolving role of exchanges in the market. During the 2017 cycle, exchanges played a significant role in receiving substantial deposits, whereas in the 2021 cycle, alternative investment avenues for Bitcoin emerged, possibly leading to a drop-off in exchange deposits. The emergence of spot exchange-traded funds (#ETFs. ), gaining regulatory approval and witnessing significant demand, further highlights the changing landscape of Bitcoin investments. With the rise of ETFs, #cryptocurrency exchanges may have lost some relevance, contributing to the expectation of even fewer deposits in the current cycle compared to previous epochs. #CryptoWatchMay2024 #buythedip
--
The potential collaboration between Cardano and Bitcoin Cash ($BCH ) signals an intriguing possibility for both networks. Charles Hoskinson's proposal to integrate #BCH as a "partnerchain" with #Cardano could offer significant enhancements to Bitcoin Cash's functionality, potentially making it even more competitive in the cryptocurrency space. While Hoskinson's vision has garnered considerable support from the community and industry experts, such as Ben Scherrey, there are still questions surrounding the practical implementation of this partnership, particularly concerning their differing consensus mechanisms. In addition to exploring potential collaborations, Cardano is also gearing up for two significant upgrades: the Chang hard fork and the introduction of the Ouroboros Leios protocol. These upgrades aim to enhance Cardano's decentralized governance and scalability, addressing key challenges in the blockchain ecosystem. Overall, the discussions surrounding Cardano's integration with #BitcoinCash and its upcoming upgrades highlight the network's commitment to innovation and its potential to shape the future of decentralized finance. #CryptoWatchMay2024 #buythedip
--
#Dogecoin 's recent surge is fueled by established support above $0.1, ensuring resilience during market downturns. Analysts, like Behdark, view Dogecoin's prolonged correction as a precursor to a #bullish rally, echoing historical trends. This rally, traced back to October 2023, has seen fluctuations but maintains an upward trajectory. Behdark sets a validation threshold at $0.08 and anticipates a bullish D wave, targeting $0.28 initially and potentially soaring over 100% to $0.38 in the G wave. Dogecoin's current price, above $0.16, marks an 18.6% increase, reflecting ongoing momentum. $DOGE #altcoins #CryptoWatchMay2024
--

Latest News

VanEck Launches Meme Coin Index Featuring Six Cryptocurrencies
--
Binance Trending Tokens Daily Update (May 09)
--
European Securities and Markets Authority Considers Including Cryptocurrencies in Investment Products
--
Casualty of Phishing Scam, Bored Ape NFT Holder Loses Valuable Assets
--
Investigation Into Theft of 1155 WBTC Reveals Suspected Attackers' IPs
--
View More

Trending Articles

Polkadot Completes a Major Upgrade: Asynchronous Backing Now Live
avatar
CryptoPotato
Solana Could Flip Ethereum in Transaction Fees Within a Week: Report
avatar
Cointelegraph
Fetch.ai Price Prediction: FET Surges 11%, But Experts Say Consider This New AI Meme Coin For 100...
avatar
InsideBitcoins
Ethereum’s Bullish Surge: Analyst Forecasts ETH and Altcoins to Outperform Bitcoin (BTC) Ahead of...
avatar
CaptainAltcoin
5 Things We’ve Learned Since the Bitcoin Halving
avatar
CryptoNews
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie