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Matt Hougan, Bitwise's Chief Investment Officer (CIO), prefers delaying the launch of Ethereum spot Exchange Traded Funds (ETFs) over settling for fee waivers, believing it allows for better adaptation to crypto intricacies. Hougan's stance diverges from initial excitement, advocating for a more cautious approach, potentially delaying approval until December. Despite anticipation for Ethereum ETF approval, the SEC has yet to announce its decision, extending deliberation periods. Firms like Fidelity Investments exhibit resilience by enhancing their ETF applications with features like staking, signaling commitment to crypto integration amid regulatory uncertainties. These actions reflect industry demand for regulatory clarity and optimism regarding cryptocurrency's role in the financial system.
Follow For More: @Emperorㅤ
#HotTrends #ETHFI #ETF #Ethereum✅ #latestupdate $ETH
Follow For More: @Emperorㅤ
#HotTrends #ETHFI #ETF #Ethereum✅ #latestupdate $ETH
The Pepe knowledge
Did u know if u buy Pepe coins worth 10$
You will become a millionaire when the Pepe price rises to 1$
Try it and thank me after the time comes
Hope you take this information serious
Thank you
#PEPEGrowth #Asylumlazer #CryptoAntoha666 #BitcoinTrends" #latestupdate
Did u know if u buy Pepe coins worth 10$
You will become a millionaire when the Pepe price rises to 1$
Try it and thank me after the time comes
Hope you take this information serious
Thank you
#PEPEGrowth #Asylumlazer #CryptoAntoha666 #BitcoinTrends" #latestupdate
$BTC is pumping hard for the news that blackrock have filed for global etf offering….
Let’s go we are there.
Sooner will be our time.. let’s enjoy the ride..
#TrendingTopic #latestupdate
Let’s go we are there.
Sooner will be our time.. let’s enjoy the ride..
#TrendingTopic #latestupdate
**Bitcoin's Current Funding Rate (09 September 2024, 12:38 PM Pakistan Time)**
Funding rate charts help us understand the market sentiment, indicating whether long or short positions are dominating. These rates tell us where the pressure lies and who is paying whom:
- **Highest Funding Rate:** These are the pairs where longs are dominating. OKX SUSHI/USD has the highest funding rate at 0.0422%, meaning longs are in the majority and are paying shorts. This shows that long traders are bullish on these pairs.
- **Lowest Funding Rate:** These are the pairs where shorts are more dominant. OKX CAT/USDT has a funding rate of -0.2357%, indicating shorts are in control and paying longs. This reflects a bearish sentiment.
- **BTC Funding Rate:** Bitcoin’s funding rate is negative at -0.0077%, meaning short positions slightly outweigh longs, signaling a prevailing bearish sentiment. This could indicate market uncertainty or mild bearishness.
These funding rates help traders gauge the prevailing market sentiment and adjust their trading positions accordingly.
FOLLOW FOR MORE UPDATES
#btc #binancenews #latestupdate #fundingrate
Funding rate charts help us understand the market sentiment, indicating whether long or short positions are dominating. These rates tell us where the pressure lies and who is paying whom:
- **Highest Funding Rate:** These are the pairs where longs are dominating. OKX SUSHI/USD has the highest funding rate at 0.0422%, meaning longs are in the majority and are paying shorts. This shows that long traders are bullish on these pairs.
- **Lowest Funding Rate:** These are the pairs where shorts are more dominant. OKX CAT/USDT has a funding rate of -0.2357%, indicating shorts are in control and paying longs. This reflects a bearish sentiment.
- **BTC Funding Rate:** Bitcoin’s funding rate is negative at -0.0077%, meaning short positions slightly outweigh longs, signaling a prevailing bearish sentiment. This could indicate market uncertainty or mild bearishness.
These funding rates help traders gauge the prevailing market sentiment and adjust their trading positions accordingly.
FOLLOW FOR MORE UPDATES
#btc #binancenews #latestupdate #fundingrate
Bitcoin (BTC) price dropped to $70,800. Traders expect the price to fluctuate between $69,000 and $73,000. There might be additional downward pressure after the Bitcoin halving event later this month.
Toncoin (TON) rallied by almost 17%, becoming the 10th largest cryptocurrency by market capitalization. This surge is likely due to positive news about the Toncoin ecosystem, with an upcoming announcement about USDT on TON at the Token 2049 conference in Dubai.
Overall, the cryptocurrency market experienced mixed price movements. While Ethereum (ETH) prices increased, Bitcoin (BTC) fell.
#latestupdate #BTCHalvingApril2024 #ETH #TON
Toncoin (TON) rallied by almost 17%, becoming the 10th largest cryptocurrency by market capitalization. This surge is likely due to positive news about the Toncoin ecosystem, with an upcoming announcement about USDT on TON at the Token 2049 conference in Dubai.
Overall, the cryptocurrency market experienced mixed price movements. While Ethereum (ETH) prices increased, Bitcoin (BTC) fell.
#latestupdate #BTCHalvingApril2024 #ETH #TON
Bitcoin drifts back to $60,000, #BTC #latestupdate
trimming the week’s losses: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Rajarshi Gupta, head of machine learning at Coinbase, discusses the company’s plan to use AI to fight downtime during periods of market volatility.
$BTC
Current price : 58,910.99
Ratio : -0.80%
trimming the week’s losses: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Rajarshi Gupta, head of machine learning at Coinbase, discusses the company’s plan to use AI to fight downtime during periods of market volatility.
$BTC
Current price : 58,910.99
Ratio : -0.80%
📣#latestupdate : 🇺🇸Elon Musk's X Is Reportedly Now Banned in Brazil 🇧🇷Following Judge's Ruling.
#ElonMuskUpdates
#ElonMuskUpdates
$300 Billion Crypto Price Crash Suddenly Accelerates As Bitcoin, Ethereum And XRP Traders Brace For A Fed Shock
#XRPCOIN
#latestupdate
#XRPCOIN
#latestupdate
🚀 **#BTC🔥🔥🔥🔥 ALERT**
BTC has surged past the descending trendline, aided by support, signaling a potential retest.
🔄 A retest may occur, paving the way for another upward movement, provided the trendline remains resilient.
💰 $BTC #BTC🔥🔥🔥🔥 #BitcoinBlast #latestupdate
BTC has surged past the descending trendline, aided by support, signaling a potential retest.
🔄 A retest may occur, paving the way for another upward movement, provided the trendline remains resilient.
💰 $BTC #BTC🔥🔥🔥🔥 #BitcoinBlast #latestupdate
As of September 2024, "Hamster Kombat" is a popular mobile game where players control hamsters in various battles and competitions. The latest news includes new updates and events, such as:
1. New hamster characters
2. Seasonal events
3. Gameplay enhancements
4. Community tournaments
For the most current details, checking the game's official website or social media channels would be best.
#hamsterkombat24 #HamsterKombat #latestupdate #BinanceEarnProgram
1. New hamster characters
2. Seasonal events
3. Gameplay enhancements
4. Community tournaments
For the most current details, checking the game's official website or social media channels would be best.
#hamsterkombat24 #HamsterKombat #latestupdate #BinanceEarnProgram
Bitcoin Whale Buys 1,000 BTC as Binance Selling Drops Price Below $58K
In This Post:
Binance sees a massive sell-off, dropping Bitcoin price below $58K.A whale buys 1,000 BTC, indicating confidence in Bitcoin’s future.Bitcoin retests key support levels, with potential for a breakout.
Binance Sell-Off Pushes Bitcoin Down
On August 29, Bitcoin’s price fell to a two-week low of $57,900. This drop happened due to heavy selling on Binance, the largest cryptocurrency exchange in the world. During U.S. trading hours, Binance saw a sharp sell-off of 45,000 BTC. This massive sell-off led to Bitcoin’s price dropping below $58,000.
The sell-off may have been triggered by controversy surrounding Binance’s involvement in funds related to users in Palestine. This news likely contributed to the market’s nervous reaction, leading to a significant price drop for Bitcoin. As a result, the market felt uncertain, and Bitcoin’s price dipped quickly.
Whales Buy Bitcoin at Lower Prices?
While Bitcoin’s price dropped, some large investors, known as whales, saw this as an opportunity to buy more Bitcoin at a lower price. One whale bought 1,000 BTC, which is worth nearly $60 million. This purchase shows that big investors still have confidence in Bitcoin, even when the price drops.
According to data from Santiment, wallets holding between 10 to 10,000 BTC have added 133,000 BTC to their holdings over the past month. This suggests that while smaller traders may be selling, larger investors are buying more Bitcoin. This behavior indicates that whales believe in Bitcoin’s long-term growth, even though the price might be volatile in the short term.
Bitcoin’s Price and Market Sentiment
Despite the recent price drop, Bitcoin is still following a consolidation pattern. This means that Bitcoin’s price is moving within a tight range, not making big moves up or down. Popular trader and analyst Rekt Capital pointed out that Bitcoin is forming a pattern on the weekly chart that often signals a breakout, either up or down.
The $58,000 level has become a crucial support zone for Bitcoin. After dipping below this level, the price quickly rebounded, showing that buyers are willing to step in and defend this support. However, if Bitcoin falls below this level again, it could lead to further price drops.
The market sentiment around Bitcoin is mixed. While large investors are buying more BTC, the recent sell-off has made some traders cautious. This has created uncertainty in the market, as some traders worry about potential further declines.
Looking Forward
The coming days will be crucial for Bitcoin as it retests key support levels. If the price can hold above $58,000, it may continue to consolidate before potentially breaking out of its current pattern. However, if selling pressure continues, Bitcoin could see further declines, with the next support level around $56,000.
For now, large investors appear confident, continuing to accumulate BTC during market dips. This accumulation suggests that the long-term outlook for Bitcoin remains positive, despite short-term volatility.
In summary, the recent drop in Bitcoin’s price was triggered by heavy selling on Binance, but large investors took advantage of the dip to buy more BTC. As Bitcoin retests key support levels, the market shows signs of cautious optimism. The next few days will determine whether Bitcoin can maintain its current levels or if it will face further declines.
$BTC
#latestupdate #wrote2earn #Haider
Binance sees a massive sell-off, dropping Bitcoin price below $58K.A whale buys 1,000 BTC, indicating confidence in Bitcoin’s future.Bitcoin retests key support levels, with potential for a breakout.
Binance Sell-Off Pushes Bitcoin Down
On August 29, Bitcoin’s price fell to a two-week low of $57,900. This drop happened due to heavy selling on Binance, the largest cryptocurrency exchange in the world. During U.S. trading hours, Binance saw a sharp sell-off of 45,000 BTC. This massive sell-off led to Bitcoin’s price dropping below $58,000.
The sell-off may have been triggered by controversy surrounding Binance’s involvement in funds related to users in Palestine. This news likely contributed to the market’s nervous reaction, leading to a significant price drop for Bitcoin. As a result, the market felt uncertain, and Bitcoin’s price dipped quickly.
Whales Buy Bitcoin at Lower Prices?
While Bitcoin’s price dropped, some large investors, known as whales, saw this as an opportunity to buy more Bitcoin at a lower price. One whale bought 1,000 BTC, which is worth nearly $60 million. This purchase shows that big investors still have confidence in Bitcoin, even when the price drops.
According to data from Santiment, wallets holding between 10 to 10,000 BTC have added 133,000 BTC to their holdings over the past month. This suggests that while smaller traders may be selling, larger investors are buying more Bitcoin. This behavior indicates that whales believe in Bitcoin’s long-term growth, even though the price might be volatile in the short term.
Bitcoin’s Price and Market Sentiment
Despite the recent price drop, Bitcoin is still following a consolidation pattern. This means that Bitcoin’s price is moving within a tight range, not making big moves up or down. Popular trader and analyst Rekt Capital pointed out that Bitcoin is forming a pattern on the weekly chart that often signals a breakout, either up or down.
The $58,000 level has become a crucial support zone for Bitcoin. After dipping below this level, the price quickly rebounded, showing that buyers are willing to step in and defend this support. However, if Bitcoin falls below this level again, it could lead to further price drops.
The market sentiment around Bitcoin is mixed. While large investors are buying more BTC, the recent sell-off has made some traders cautious. This has created uncertainty in the market, as some traders worry about potential further declines.
Looking Forward
The coming days will be crucial for Bitcoin as it retests key support levels. If the price can hold above $58,000, it may continue to consolidate before potentially breaking out of its current pattern. However, if selling pressure continues, Bitcoin could see further declines, with the next support level around $56,000.
For now, large investors appear confident, continuing to accumulate BTC during market dips. This accumulation suggests that the long-term outlook for Bitcoin remains positive, despite short-term volatility.
In summary, the recent drop in Bitcoin’s price was triggered by heavy selling on Binance, but large investors took advantage of the dip to buy more BTC. As Bitcoin retests key support levels, the market shows signs of cautious optimism. The next few days will determine whether Bitcoin can maintain its current levels or if it will face further declines.
$BTC
#latestupdate #wrote2earn #Haider
$BTC 🤑🚀 we are on the cusp of something BIG #crypto
$BTC 🤑🤑
#bitcoin☀️ #cryptogodara #Bullrun #latestupdate
$BTC 🤑🤑
#bitcoin☀️ #cryptogodara #Bullrun #latestupdate
Recent updates on cryptocurrency:
Robinhood: Acquired Pluto, an AI-driven investment-advice platform
US Treasury: Finalized new crypto tax reporting rules
Binance: Crypto exchange Binance was fined Rs 18.82 crore by FIU-IND
CoinDCX: Crypto startup CoinDCX launched CoinDCX Prime to offer personalized investment for HNIs
KuCoin: Saw a 356% surge in app downloads in May after registering with FIU-IND
#CryptoMarketMoves #BinanceHODLerBANANA #latestupdate #LowestCPI2021
Robinhood: Acquired Pluto, an AI-driven investment-advice platform
US Treasury: Finalized new crypto tax reporting rules
Binance: Crypto exchange Binance was fined Rs 18.82 crore by FIU-IND
CoinDCX: Crypto startup CoinDCX launched CoinDCX Prime to offer personalized investment for HNIs
KuCoin: Saw a 356% surge in app downloads in May after registering with FIU-IND
#CryptoMarketMoves #BinanceHODLerBANANA #latestupdate #LowestCPI2021
🚀 Russia takes a Big Step in the Crypto World 🚀
In a bold move to embrace the digital financial revolution, Russia is set to begin trials for its own cryptocurrency exchange. This step is seen as a strategic effort by the Russian government to integrate digital currencies into the country's financial system.
🛡️ Why does it matter?
Russia's decision to explore a state-run crypto exchange could reshape how digital assets are regulated and traded. The trials will focus on a controlled environment where selected cryptocurrencies will be exchanged under strict regulatory oversight. This could set a precedent for other nations considering their own approaches to crypto regulation.
📊 Potential Benefits:
- Enhanced Security: A state-backed platform could ensure higher security standards for crypto transactions, providing a safer environment for users.
- Economic Growth: By fostering a regulated environment, Russia can attract more investors, both domestic and international, potentially boosting economic activity.
- Control and Compliance: This move allows the Russian government to monitor and control digital currency flows, potentially reducing risks of illegal activities such as money laundering and fraud.
🌐 Impact on the Global Crypto Market:
If successful, it might encourage other countries to consider similar strategies, promoting a more structured and secure global crypto ecosystem.
🚀 Looking Ahead:
If these trials prove effective, they could pave the way for the establishment of a permanent, government-regulated cryptocurrency exchange in Russia. This could lead to increased mainstream adoption of cryptocurrencies and enhance Russia's influence in the global digital currency space.
As one of the world's major economic players, Russia's steps towards formalizing and regulating cryptocurrency trading could set the tone for future financial innovations worldwide.
stay tuned, like, share and follow for more such updates🙏
#CryptoMarketMoves #Russia #BinanceBlockchainWeek #BlackRockETHOptions #latestupdate
In a bold move to embrace the digital financial revolution, Russia is set to begin trials for its own cryptocurrency exchange. This step is seen as a strategic effort by the Russian government to integrate digital currencies into the country's financial system.
🛡️ Why does it matter?
Russia's decision to explore a state-run crypto exchange could reshape how digital assets are regulated and traded. The trials will focus on a controlled environment where selected cryptocurrencies will be exchanged under strict regulatory oversight. This could set a precedent for other nations considering their own approaches to crypto regulation.
📊 Potential Benefits:
- Enhanced Security: A state-backed platform could ensure higher security standards for crypto transactions, providing a safer environment for users.
- Economic Growth: By fostering a regulated environment, Russia can attract more investors, both domestic and international, potentially boosting economic activity.
- Control and Compliance: This move allows the Russian government to monitor and control digital currency flows, potentially reducing risks of illegal activities such as money laundering and fraud.
🌐 Impact on the Global Crypto Market:
If successful, it might encourage other countries to consider similar strategies, promoting a more structured and secure global crypto ecosystem.
🚀 Looking Ahead:
If these trials prove effective, they could pave the way for the establishment of a permanent, government-regulated cryptocurrency exchange in Russia. This could lead to increased mainstream adoption of cryptocurrencies and enhance Russia's influence in the global digital currency space.
As one of the world's major economic players, Russia's steps towards formalizing and regulating cryptocurrency trading could set the tone for future financial innovations worldwide.
stay tuned, like, share and follow for more such updates🙏
#CryptoMarketMoves #Russia #BinanceBlockchainWeek #BlackRockETHOptions #latestupdate
@Elon_Musk_X This year, I commenced with $5,000, and now, I've reached $1,600,000🚀. Achieving this wasn't via $BTC, $ETH, or $MATIC, but rather through investments like:
- $ORN at $0.64
- $SOL at $14.37
- $TAO at $55
- $AGRS at $0.67
- $PAAL at $0.026
And others. This is an individual's journey, not financial advice. Do your own research (DYOR), as engaging might transform your life.
#Write2Earn #BinanceProjects #decipheringyourchart #latestupdate #Portal $ORN $AGLD
- $ORN at $0.64
- $SOL at $14.37
- $TAO at $55
- $AGRS at $0.67
- $PAAL at $0.026
And others. This is an individual's journey, not financial advice. Do your own research (DYOR), as engaging might transform your life.
#Write2Earn #BinanceProjects #decipheringyourchart #latestupdate #Portal $ORN $AGLD
🚨BREAKING : Binance💰 Will Delist OMG, WAVES, WNXM, XEM on 2024-06-17 The USDT and BTC Pairs of these Coins.
#latestupdate #LatestNews
#latestupdate #LatestNews