This uptrend confirms that we're finally starting to move away from 2 year lows. It's possible to visualize where we are in the market cycle by looking at indicators like the MVRV Z-Score. Seems that we are likely to have a slow and steady grind upwards as we start to set higher lows.
The odds of us going any lower will diminish as majors go higher. XRP has almost doubled in price in less than a month, this helped signal the start of prior bull runs. Once BTC is holding steady over $30k and ETH stays above $2k then we can probably kiss the bears goodbye for this season. 😏
The odds of us going any lower will diminish as majors go higher. XRP has almost doubled in price in less than a month, this helped signal the start of prior bull runs. Once BTC is holding steady over $30k and ETH stays above $2k then we can probably kiss the bears goodbye for this season. 😏
Currently seem to be in a crypto recession for altcoins. I'm hoping to see the market pick back up a bit later this year as we get closer to 6 months away from the halving, towards the end of October. https://twitter.com/byzgeneral/status/1668738486856212483
https://twitter.com/TheDeFinvestor/status/1670362620933595136
The last few weeks were a roller coaster ride as the SEC issued a lawsuit against Coinbase and Binance US.
Sentiment started improving after Binance US settled with the SEC.
Shortly after Blackrock, Valkyrie and WisdomTree filed for spot bitcoin ETFs which brought a lot of excitement to the markets.
Grayscale sued the SEC last June after the agency did not allow the firm to convert its flagship Bitcoin Trust (GBTC) to an ETF. The courts will decide the outcome of this case within the next few weeks. This means their approval could happen much sooner than the normal 240 day requirement.
BRICS alliance is also considering Bitcoin as an alternative to the US dollar (!)
The last few weeks were a roller coaster ride as the SEC issued a lawsuit against Coinbase and Binance US.
Sentiment started improving after Binance US settled with the SEC.
Shortly after Blackrock, Valkyrie and WisdomTree filed for spot bitcoin ETFs which brought a lot of excitement to the markets.
Grayscale sued the SEC last June after the agency did not allow the firm to convert its flagship Bitcoin Trust (GBTC) to an ETF. The courts will decide the outcome of this case within the next few weeks. This means their approval could happen much sooner than the normal 240 day requirement.
BRICS alliance is also considering Bitcoin as an alternative to the US dollar (!)
X (formerly Twitter)
The DeFi Investor 🔎 (@TheDeFinvestor) on X
The Binance vs. SEC fight is becoming hilarious:
The SEC sued Binance and requested a freeze on all its assets, citing an alleged misuse of funds.
However, when asked to present evidence, the SEC lawyers said that they had no evidence😅
You can't make this…
The SEC sued Binance and requested a freeze on all its assets, citing an alleged misuse of funds.
However, when asked to present evidence, the SEC lawyers said that they had no evidence😅
You can't make this…
🇺🇸 SEC approves first leveraged Bitcoin futures ETF.
Futures ETFs are not likely to affect prices as much as a Spot ETF, but this is good news.
Sentiment is finally starting to improve as we are finally starting to set higher lows.
https://fxtwitter.com/nsquaredcrypto/status/1668490747954249728
Futures ETFs are not likely to affect prices as much as a Spot ETF, but this is good news.
Sentiment is finally starting to improve as we are finally starting to set higher lows.
https://fxtwitter.com/nsquaredcrypto/status/1668490747954249728
FixTweet
Timothy Peterson, CFA CAIA (@nsquaredcrypto)
#Ethereum network value based on user growth is not slowing. Price has basically corrected to value; upward pressure on price from here, despite the negative sentiment and poor regulatory environment. Should be approaching $4k in 1 year. Likely a six-month…
Clarification: Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) will become the first leveraged crypto ETF available in the United States. There are already several other futures ETFs.
Spot ETFs should help to improve Bitcoin's momentum and velocity over time and improve liquidity for the broader crypto ecosystem.
The approval of a Spot ETF will be very significant and is likely to be positive for the entire industry overall.
Spot ETFs should help to improve Bitcoin's momentum and velocity over time and improve liquidity for the broader crypto ecosystem.
The approval of a Spot ETF will be very significant and is likely to be positive for the entire industry overall.
Cautiously Bullish https://www.tradingview.com/chart/BTCUSD/YswLJmqE-Bulls-Whispers-How-2015-s-Ghosts-Haunt-Bitcoin/
TradingView
Bulls Whispers: How 2015's Ghosts Haunt Bitcoin for INDEX:BTCUSD by ArShevelev
Looking in BINANCE:BTCUSDT past, the similarities between the 2015 and 2023 bear markets are both enlightening and cautionary. In 2015, we witnessed a rapid descent marked by pronounced long wicks on the weekly chart. Fast forward to 2023, the landscape has…
SEC approves first spot Bitcoin ETF https://www.sec.gov/files/rules/sro/nysearca/2024/fg-89shlq.pdf
Base is quickly becoming the most compliant blockchain and requires KYC to bridge funds off of the platform https://x.com/coinbaseinsto/status/1770600966703947996
X (formerly Twitter)
Coinbase Institutional 🛡️ (@CoinbaseInsto) on X
We are excited to announce that Coinbase has been chosen as a key infrastructure provider for @BlackRock and @Securitize Tokenized Investment Fund.
2024 IDO platform ROI https://cryptorank.io/ido-platforms-roi
We expect liquidity to rotate into low-caps and altcoins after the halving. https://www.blockchaincenter.net/en/altcoin-season-index/
According to report by Coingecko, Memecoins were by far the most profitable crypto narrative in Q1 2024, including the newly launched Solana Memecoins $BOME and $MEW.
Notably, Memecoins outperformed RWA and Layer 2 narratives. https://twitter.com/SolanaFloor/status/1775823677944381504
Notably, Memecoins outperformed RWA and Layer 2 narratives. https://twitter.com/SolanaFloor/status/1775823677944381504
Lower FDV listings have once again been green-lit by Binance. Interesting, hoping to see more innovative projects considered.
https://www.binance.com/en/support/announcement/calling-for-project-applicants-95b023902fef42e6a630425170460656?hl=en
https://www.binance.com/en/support/announcement/calling-for-project-applicants-95b023902fef42e6a630425170460656?hl=en
Binance
Calling For Project Applicants | Binance Support
Fellow Binancians, Binance is committed to fostering a healthy and sustainable market environment and always prioritizing our users’ interest . In recent months, we have observed a trend of tokens ...