📈 Ethereum ETF trading started yesterday. Trading volume exceeded $1 billion on the first day.
This had almost no effect on the ETH rate, since it is less than 5% of the total cryptocurrency trading volume. The pump on the news didn’t happen either — it happened earlier on rumors.
Anyways, no ETF will replace P2P for us 😉
This had almost no effect on the ETH rate, since it is less than 5% of the total cryptocurrency trading volume. The pump on the news didn’t happen either — it happened earlier on rumors.
Anyways, no ETF will replace P2P for us 😉
📉 Bitcoin experienced its most volatile day since the FTX crash
Analysts at K33 Research said that on August 5, 2024, Bitcoin price volatility reached a 20-month high.
🔍 The authors of the analysis assume that in the near future the price of Bitcoin will stay in the area of $50,000 to $58,000.
Analysts at K33 Research said that on August 5, 2024, Bitcoin price volatility reached a 20-month high.
🔍 The authors of the analysis assume that in the near future the price of Bitcoin will stay in the area of $50,000 to $58,000.
🗣️ If there were no ETFs, the price of Bitcoin would be around $20,000 — Bloomberg analyst Eric Balchunas
Eric notes that the number of bitcoins on the balance sheet of American Bitcoin ETFs has already exceeded 909 thousand — this is about 4.6% of the total issue (but much more if we discard the forever lost coins).
Do you think ETFs really had such a big impact on the price of Bitcoin? Or is this contribution exaggerated?
Eric notes that the number of bitcoins on the balance sheet of American Bitcoin ETFs has already exceeded 909 thousand — this is about 4.6% of the total issue (but much more if we discard the forever lost coins).
Do you think ETFs really had such a big impact on the price of Bitcoin? Or is this contribution exaggerated?
Live in Europe? Save your USDT! 😱
A number of major exchanges have already started to restrict access to the USDT stablecoin in the EU. This is due to the new European cryptocurrency regulation MiCA, which will come into force on December 31, 2024.
If you live in the EU and store USDT on centralized exchanges, it is better to convert tokens into other stablecoins or withdraw them.
And even better, trade on P2P and store funds in decentralized wallets 😉
A number of major exchanges have already started to restrict access to the USDT stablecoin in the EU. This is due to the new European cryptocurrency regulation MiCA, which will come into force on December 31, 2024.
If you live in the EU and store USDT on centralized exchanges, it is better to convert tokens into other stablecoins or withdraw them.
And even better, trade on P2P and store funds in decentralized wallets 😉
📰 The US is already seriously discussing the creation of a strategic Bitcoin reserve. Senator Lummis proposes to create a US reserve of 1,000,000 BTC.
If this idea is approved, the rate will grow significantly due to demand from the US treasury. Perhaps even $76k is still too cheap for Bitcoin?
If this idea is approved, the rate will grow significantly due to demand from the US treasury. Perhaps even $76k is still too cheap for Bitcoin?
📈 $150k or $68k? 📉
The options market estimates the probability of Bitcoin growing to $100,000 by the end of the year at only 45% (rather no than ye). And to $150,000 - at only 4%.
In turn, the probability of the asset falling to $68,429 is 5%.
This sounds too pessimistic (especially considering that Bitcoin is only a few thousand away from 100k, and it has every reason to break through this level within a month).
➡️ Anyways, this worth waking into account while trading on Bitcoin Global P2P marketplace.
The options market estimates the probability of Bitcoin growing to $100,000 by the end of the year at only 45% (rather no than ye). And to $150,000 - at only 4%.
In turn, the probability of the asset falling to $68,429 is 5%.
This sounds too pessimistic (especially considering that Bitcoin is only a few thousand away from 100k, and it has every reason to break through this level within a month).
➡️ Anyways, this worth waking into account while trading on Bitcoin Global P2P marketplace.
🇰🇷 The South Korean case demonstrated two things:
1) Political events in South Korea, as one of the largest cryptocurrency markets, home to Bithumb, Upbit and other exchanges, of course affect the global crypto market.
2) These events do not affect as much as they could. For comparison, ten years ago, such news could have caused the market to collapse by tens of percent. Now, cryptocurrencies look more stable.
In any case, it is important to follow the news so as not to miss trading opportunities 👀
1) Political events in South Korea, as one of the largest cryptocurrency markets, home to Bithumb, Upbit and other exchanges, of course affect the global crypto market.
2) These events do not affect as much as they could. For comparison, ten years ago, such news could have caused the market to collapse by tens of percent. Now, cryptocurrencies look more stable.
In any case, it is important to follow the news so as not to miss trading opportunities 👀
📰 USDT may be delisted on major exchanges for users in the EU.
The Tether stablecoin does not fall under the new requirements of the European Union 2025. Some exchanges have already removed USDT from the listing for users from these countries.
Of course, this will not affect personal non-custodial wallets. This is another reminder that trading on P2P like Bitcoin Global is sometimes easier and safer 👌
The Tether stablecoin does not fall under the new requirements of the European Union 2025. Some exchanges have already removed USDT from the listing for users from these countries.
Of course, this will not affect personal non-custodial wallets. This is another reminder that trading on P2P like Bitcoin Global is sometimes easier and safer 👌
Max Bitcoin price for 2025. Your forecast
Anonymous Poll
67%
$100k or less
17%
$100-150k
0%
$150-200k
0%
$200-300k
17%
$300k+
Bitcoin approaches $100k again. Ceiling breakout test is always a volatile period. Time to trade? Bitcoin Global is waiting. Commission, as always, 0%.
📍 https://bitcoin.global/
📍 https://bitcoin.global/
📰 Bitcoin could reach $250,000 by the end of 2025 under one condition — Arthur Hayes
Former head of the BitMEX crypto exchange Arthur Hayes has published a new essay — The Ugly. In it, he discusses the prospects for Bitcoin growth and highlights the actions of the Fed as the most important factor.
If the US continues to print money, as it has for the past 5 years, Bitcoin could reach $250,000 this year. However, if this does not happen, BTC could face a correction in the coming months
Former head of the BitMEX crypto exchange Arthur Hayes has published a new essay — The Ugly. In it, he discusses the prospects for Bitcoin growth and highlights the actions of the Fed as the most important factor.
If the US continues to print money, as it has for the past 5 years, Bitcoin could reach $250,000 this year. However, if this does not happen, BTC could face a correction in the coming months
ℹ️ The most important advice about trading crypto on P2P.
Always make sure that you received the correct amount of money before confirming the order!
Always make sure that you received the correct amount of money before confirming the order!
Remember that high market volatility is always an opportunity ☝️
Regardless of whether the market is going up or down, you can make money on successful P2P trades.
Buy and sell BTC on Bitcoin Global
Regardless of whether the market is going up or down, you can make money on successful P2P trades.
Buy and sell BTC on Bitcoin Global