Hopes for an #EthereumETF drive futures open interest to a record $14 billion!
The anticipation of a potential #ETF approval has sparked increased activity in $ETH futures, reflecting strong investor interest and confidence in Ethereum's future.
Current Funding Rates vs. First #Bitcoin Price Discovery Attempt
The current funding rates are looking much healthier compared to the first time $BTC tried to enter price discovery. This suggests a more stable market environment and potential for sustained growth.
First BTC halving, November 2012: $12 Price after halving, November 2013, $1,146, increased 95 times Second BTC halving, July 2016: $658 Price after halving, December 2017, 20,089 US dollars, increased 30 times BTC’s third halving, May 2020: $8,800 The price after the halving will be $69,000 in November 2021, an increase of about 8 times. Bitcoin’s fourth halving is on April 2024, what do you think the price would be before and after halving? $BTC
Bitcoin 50K is Coming Bitcoin crash is expected which will dump it till towards $50k. Here is why? An estimated $30 billion in long positions could face liquidation industry-wide if #Bitcoin falls to $50,500!. So $BTC can come down towards this position. It can make everyone bullish and then hit the 50000$ to add more and more people to be liquidated. The liquidation works like a magnet 🧲 It drags the Bitcoin towards it's position. So $50k is expected. May be after 75k. But 50k is due. #BTC couldn't break the resistant of $69k. Now let's see the market. #HotTrends #BTC #ETH #Bitcoin(BTC) #halving
Asked by Thai community why I adopted 3 as a symbol. Reasons below:-
It represents my commitment to 3 key group of stakeholders: (i) users; (ii) regulators; (iii) partners.
3 is a lucky number in numerology and amongst Chinese - associated with luck, success, abundance. There are 3 letters in the hand symbol - W, V and L - represents Win, Victory and Love.
Also, many good things in crypto has 3 syllable - BTC, BNB, ATH, To The Moon…