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Bitcoin‼️ ETFs‼️($BTC $ETH ) Show Resilience Despite Record Outflows
Recent data reveals that U.S. spot Bitcoin ETFs faced their worst streak of net outflows, totaling $1.2 billion between August 27 and September 6. Although this may seem alarming, experts suggest it's part of the natural growth cycle for ETFs.
Eric Balchunas, senior ETF analyst at Bloomberg, explained that such fluctuations are typical, stating, "Nothing goes up in a straight line." The outflows represented just 3% of total assets in these funds, which still hold $46 billion after the pullback. Balchunas emphasized that a concerning outflow would be in the range of 15%-20%.
The funds saw strong initial inflows, accumulating $12 billion in their first two months. However, the pace has slowed, with just $4 billion added over the next six months, according to Bianco Research. Despite this, Balchunas praised the ETFs' ability to limit outflows during challenging times, pointing to previous market sell-offs where the funds quickly returned to net inflows.
While the recent outflows may raise eyebrows, experts believe the long-term potential of Bitcoin ETFs remains intact, demonstrating the resilience of the category during turbulent periods.#CPI_BTC_Watch #ETH🔥🔥🔥🔥 #binanance #BNBChainMemecoins #CryptoMarketMoves
Recent data reveals that U.S. spot Bitcoin ETFs faced their worst streak of net outflows, totaling $1.2 billion between August 27 and September 6. Although this may seem alarming, experts suggest it's part of the natural growth cycle for ETFs.
Eric Balchunas, senior ETF analyst at Bloomberg, explained that such fluctuations are typical, stating, "Nothing goes up in a straight line." The outflows represented just 3% of total assets in these funds, which still hold $46 billion after the pullback. Balchunas emphasized that a concerning outflow would be in the range of 15%-20%.
The funds saw strong initial inflows, accumulating $12 billion in their first two months. However, the pace has slowed, with just $4 billion added over the next six months, according to Bianco Research. Despite this, Balchunas praised the ETFs' ability to limit outflows during challenging times, pointing to previous market sell-offs where the funds quickly returned to net inflows.
While the recent outflows may raise eyebrows, experts believe the long-term potential of Bitcoin ETFs remains intact, demonstrating the resilience of the category during turbulent periods.#CPI_BTC_Watch #ETH🔥🔥🔥🔥 #binanance #BNBChainMemecoins #CryptoMarketMoves
🎬 Explore MovieBloc (MBL) on Binance!
MovieBloc is transforming the film industry by decentralizing the process of film production, distribution, and screening. As a blockchain-based platform, it empowers filmmakers and creators by providing a transparent and equitable ecosystem.
🔹 Why MovieBloc?
Fair Revenue Distribution: Ensures that creators receive a fair share of the revenue generated.
Transparency: Clear and transparent revenue reports for all stakeholders.
Content Variety: Access to a diverse range of films and creative works from around the globe.
🔹 Key Features:
Decentralized Film Distribution: No middlemen, direct connection between filmmakers and their audience.
Rewards and Incentives: Viewers can earn rewards by participating in the community and providing valuable feedback.
Global Reach: Breaks down geographical barriers, allowing global audiences to enjoy a wide array of content.
🔹 Join the MovieBloc Community:
Buy MBL on Binance: Trade MBL with ease on one of the world's largest and most secure cryptocurrency exchanges.
Stay Updated: Follow us for the latest news, updates, and exciting announcements about MovieBloc.
Embrace the future of cinema with MovieBloc on Binance! 🌟
$MBL #MBL/USDT #Write2Earn! #binanance
MovieBloc is transforming the film industry by decentralizing the process of film production, distribution, and screening. As a blockchain-based platform, it empowers filmmakers and creators by providing a transparent and equitable ecosystem.
🔹 Why MovieBloc?
Fair Revenue Distribution: Ensures that creators receive a fair share of the revenue generated.
Transparency: Clear and transparent revenue reports for all stakeholders.
Content Variety: Access to a diverse range of films and creative works from around the globe.
🔹 Key Features:
Decentralized Film Distribution: No middlemen, direct connection between filmmakers and their audience.
Rewards and Incentives: Viewers can earn rewards by participating in the community and providing valuable feedback.
Global Reach: Breaks down geographical barriers, allowing global audiences to enjoy a wide array of content.
🔹 Join the MovieBloc Community:
Buy MBL on Binance: Trade MBL with ease on one of the world's largest and most secure cryptocurrency exchanges.
Stay Updated: Follow us for the latest news, updates, and exciting announcements about MovieBloc.
Embrace the future of cinema with MovieBloc on Binance! 🌟
$MBL #MBL/USDT #Write2Earn! #binanance
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#binanance
#binanance
$OMG #binanance $BTC $SOL
Exciting news for the #OMG network! Hoping to see it reach $20 soon.
#Binance
#CryptoExchange
#BinanceExchange
#BinanceCommunity
#BinanceTrading
#BinanceListing
#BinanceFutures
#BinanceSmartChain
#BinanceCoin
#BinanceLaunchpadSuccess
Exciting news for the #OMG network! Hoping to see it reach $20 soon.
#Binance
#CryptoExchange
#BinanceExchange
#BinanceCommunity
#BinanceTrading
#BinanceListing
#BinanceFutures
#BinanceSmartChain
#BinanceCoin
#BinanceLaunchpadSuccess
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This method, called merge mining, allows miners to use the same hash power to mine multiple cryptocurrencies that share the same work validation algorithm.
#binanance
In this way, instead of mining one cryptocurrency at a time, they can, with a single effort, obtain rewards in different tokens. However, despite supporting BEL mining, the cryptocurrency is not yet listed on Binance.
In a statement, the exchange said that the inclusion of BEL in mining does not guarantee its future listing on the trading platform. To receive the rewards, users must set up a Bellscoin address #btc $BNB #litecoin
#binanance
In this way, instead of mining one cryptocurrency at a time, they can, with a single effort, obtain rewards in different tokens. However, despite supporting BEL mining, the cryptocurrency is not yet listed on Binance.
In a statement, the exchange said that the inclusion of BEL in mining does not guarantee its future listing on the trading platform. To receive the rewards, users must set up a Bellscoin address #btc $BNB #litecoin
TOP 8 QUESTIONS that will be ask to all tomarket miners
Q.1 when #Tomarket Airdrop snapshot will be taken???
Q.2 when premarket will live???
Q.3 What are the exchanges that will list #toma ???
Q.4 will bitget be the only one??
Q.5 When the activity will be closed and token distribution will Start ???
Q.6 is it possible to do all the things within a week left ??
Q.7 What will be the token price at pre market and at the time of listing ??
Q.8 Are we going through the biggest telegram airdrop scam of this year???#telegramMining
#binanance #Bybit
Q.1 when #Tomarket Airdrop snapshot will be taken???
Q.2 when premarket will live???
Q.3 What are the exchanges that will list #toma ???
Q.4 will bitget be the only one??
Q.5 When the activity will be closed and token distribution will Start ???
Q.6 is it possible to do all the things within a week left ??
Q.7 What will be the token price at pre market and at the time of listing ??
Q.8 Are we going through the biggest telegram airdrop scam of this year???#telegramMining
#binanance #Bybit
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#Write2Earn #binanance how can I be like them? why do I always get margin calls......??????
if I have Lord level and I invest all coins in game then do I get the reward on lord level base or on the base or current available coins level?
#hamsterkombat24 #binanance
#hamsterkombat24 #binanance
My Best Record in Moonbix Airdrop🔥
From #binanance ✅
@Hamster Kombat #Cati #Dogs Fall down -10.23%
what is your thoughts🤔
From #binanance ✅
@Hamster Kombat #Cati #Dogs Fall down -10.23%
what is your thoughts🤔
Guys be careful Sell signal is coming for two overbought coins this week
1.XEC
2 Dent
why it so let's konw
1. eCash (XEC) could be overbought
In particular, eCash (XEC) has the highest daily and weekly RSIs among other cryptocurrencies. According to CoinGlass’s data, XEC is overbought in both time frames with 89.36 and 79.27 index points, respectively.
Interestingly, eCash is a direct fork from Bitcoin. It is up 53.57% in the last seven days to $0.00006892, following BTC’s leadership. A retracement is possible if Bitcoin continues its expected correction, which could go as low as $50,000.
Crypto market RSI heatmap: 1000XEC. Source: CoinGlass
It is worth mentioning that eCash is valued at a $1.34 billion market cap at its current prices. Thus, it has 19.65 trillion XEC as its circulating supply.
2. Sell signal to Dent (DENT)
Second, there is Dent (DENT), a low-cap with a $220 million market value also displaying an overbought status. DENT has a daily RSI of 75.51 and a weekly RSI of 78.32, threatening a sell-off if the momentum weakens.
Essentially, it is an ERC-20 token running on Ethereum (ETH), built for a digital mobile operator startup. DENT trades at $0.002243 by press time, with weekly gains superior to 12%.
Crypto market RSI heatmap: DENT. Source: CoinGlass
On the other hand, having an overbought RSI does not guarantee a price crash or trend reversals. The cryptocurrency market is highly volatile, and projects usually respond aggressively to news and relevant events – highly influenced by whale activities
so Guys be careful
if my information is useful for you than may like
thanks
#TrendingTopic #HalvingHorizons #binanance #Aevo #launchpoll
1.XEC
2 Dent
why it so let's konw
1. eCash (XEC) could be overbought
In particular, eCash (XEC) has the highest daily and weekly RSIs among other cryptocurrencies. According to CoinGlass’s data, XEC is overbought in both time frames with 89.36 and 79.27 index points, respectively.
Interestingly, eCash is a direct fork from Bitcoin. It is up 53.57% in the last seven days to $0.00006892, following BTC’s leadership. A retracement is possible if Bitcoin continues its expected correction, which could go as low as $50,000.
Crypto market RSI heatmap: 1000XEC. Source: CoinGlass
It is worth mentioning that eCash is valued at a $1.34 billion market cap at its current prices. Thus, it has 19.65 trillion XEC as its circulating supply.
2. Sell signal to Dent (DENT)
Second, there is Dent (DENT), a low-cap with a $220 million market value also displaying an overbought status. DENT has a daily RSI of 75.51 and a weekly RSI of 78.32, threatening a sell-off if the momentum weakens.
Essentially, it is an ERC-20 token running on Ethereum (ETH), built for a digital mobile operator startup. DENT trades at $0.002243 by press time, with weekly gains superior to 12%.
Crypto market RSI heatmap: DENT. Source: CoinGlass
On the other hand, having an overbought RSI does not guarantee a price crash or trend reversals. The cryptocurrency market is highly volatile, and projects usually respond aggressively to news and relevant events – highly influenced by whale activities
so Guys be careful
if my information is useful for you than may like
thanks
#TrendingTopic #HalvingHorizons #binanance #Aevo #launchpoll
What Is Binance Moonbix?
What Is Binance Moonbix?
Disclaimer: This content is presented to you for educational purposes only. Products and services referred to here may not be available in your region.
Key Takeaways
Moonbix is an easy-to-play game that can be accessed through the Binance Moonbix Telegram bot, making it convenient for users to enjoy on the go.
The game consists of collecting coins and items to earn points in 45-second sessions. Scores are determined by the quantity, size, and value of the items gathered.
Moonbix doesn’t have a tradable token, but it features periodic events that give players the chance to earn real cryptocurrency rewards.
#moonbix #binanance
Disclaimer: This content is presented to you for educational purposes only. Products and services referred to here may not be available in your region.
Key Takeaways
Moonbix is an easy-to-play game that can be accessed through the Binance Moonbix Telegram bot, making it convenient for users to enjoy on the go.
The game consists of collecting coins and items to earn points in 45-second sessions. Scores are determined by the quantity, size, and value of the items gathered.
Moonbix doesn’t have a tradable token, but it features periodic events that give players the chance to earn real cryptocurrency rewards.
#moonbix #binanance