Finance enthusiast with a keen eye on crypto market dynamics. Tracks high-volume trades & trends, focusing on Bitcoin and the unfolding Genesis sell-off.
KEY POINTS: Coinbase's stock rallied 14% to $189.28Company generated transaction revenue of $320 million in Q1Adjusted operating cash flow of $292 million in Q4 Coinbase Global, the crypto broker, reported its first quarterly profit since 2021, with earnings of $1.04 per share in Q4, a significant improvement from a loss of $2.46 per share the previous year. This positive financial performance led to a substantial increase in the company's stock, which more than doubled in the past six months. T
Bitcoin Warning: $46,500 Support Break Might Trigger Significant Fall
#Bitcoin , the biggest cryptocurrency by market cap, might be facing a critical situation as it struggles to reclaim the $52,000 level. According to crypto analyst Ali, if BTC fails to break above this level soon, it could trigger an 8% correction that could send its price down to $48,000 or lower at $46,500. According to data from TradingView, BTC has been trading in a narrow range for the past few days, since hitting highs of $52,890 on Feb. 15. If #Bitcoin fails to quickly reclaim the $52,00
Celebrating 3 Years of the First Bitcoin Spot ETF and Its Monumental $36 Billion Accumulation
✨ Exactly 3 years ago this week, the 1st #Bitcoin spot #ETF officially went live in Canada 🇨🇦Combined, all public ETFs now own 700,000 $BTC worth $36,000,000,000That's 3% of all the Bitcoin that will ever be 🚀 #Write2Earn #TrendingTopic
There is now 25% less $BTC on exchanges than there was before 2020. Demand keeps increasing because of the #Bitcoin ETF’s and accounting rule changes with FASB.
NEW: "Given the acceleration in recent days of flows into #Bitcoin ETFs and its significant price appreciation, we are returning to a 'neutral' rating on Coinbase as we see the higher cryptocurrency prices not only sustaining, but improving activity levels," says JP Morgan. #Write2Earn $BTC
Over the past ten days, #Bitcoin miners have capitalized on the #BTC price surge from $45,000 to over $52,000 by selling approximately 6,329 $BTC , valued at around $307 million!
The growth potential of these Alt-coins is fairly predictable, but not guaranteed.
Note: But first of all, you should do your research and identify the most promising coins, and you should not invest all your savings in buying these coins. ➜ But this list of promising alt-coins is not the end-all and be-all correct.
➤ To increase your investment by 50-100x you must learn how to find coins before they pump, here's a simple instruction:
• The coin must have a practical and necessary use • Pay attention to the chart and wait for the coin to bottom out • Find a coin that is backed by a reputable foundation
➤ Use tools to discover hidden gems:
• Cryptocurrency data aggregators: @CoinMarketCap , @coingecko , @CryptoRank_io
• Look for fundraising info: @crunchbase or @Crypto_Dealflow
• Explore tokenomics and token vesting period: @Token_Unlocks or @VestLab
🚨BTC Update: If #BTC fails to quickly reclaim the $52,000 level, it might face an 8% correction, potentially dropping to between $48,000 and $46,500. At this price range, over 1 million addresses hold more than 544,870 $BTC , indicating significant support. #Write2Earn #TrendingTopic #WLD #Sei
How high could the #Bitcoin price go this cycle? What about next cycle?
$BTC How high could the #Bitcoin price go this cycle? What about next cycle?No one knows. But @Excellion and @dotkrueger have both recently predicted $1m as a target for #BTC this cycle. Does that sound crazy? I don't think so. I decided to get some perspective by zooming out and taking a 10-year view of the price of #Bitcoin using weekly candles. What's clear is that #Bitcoin is in the same long-term uptrend since 2013 as defined by the channel below. All price action since 2013 is contained wi
Bitcoin on the Move: $209M Transfer from GBTC to Coin base Unravels Market Neutrality
$BTC GBTC sending 4,017 Bitcoin to Coinbase premium ($209m).
Likely they are coming from Genesis selling the GBTC shares. I read that they have to rebuy Bitcoin and give to the customers, therefore it should be a neutral effect.
Obviously the Genesis/Gemini customers could sell the Bitcoin they receive but I think only a small portion will be sold. #Write2Earn #BTC #gbtc #TrendingTopic
Surging Tides: Analysing the Weekly Flow of Bitcoin ETFs
$BTC Now that we are five an half weeks after the #BitcoinETFs. started to trade, it is time to evaluate also the weekly chart, considering the daily average per week (for a better comparison).
In the upper chart we have the ETFs daily average per week of The Nine Inflow. We notice that after the first two solid weeks we had a downtrend for three weeks, reaching the $300m-$350m inflow per day. This week there has been a significant increase, and we almost reached an average of $600m daily inf
The Bullish Whisper: Is Luna Classic Poised for a Take-off?
$LUNC A peek at the price chart takes us on a journey through its turbulent past, showing us that LUNC isn't a stranger to the stormy waves of market volatility. The chart is speaking in patterns, and for those who know the language, it's whispering 'accumulation'—a term that gets traders' hearts racing. In the world of crypto, accumulation is the calm before the storm of a market upswing, where the price doesn't make big moves, but the vibes are positively bullish. We've spotted not one, but
When two hours left to trade, the increasing selling pressure was notable checking the Volume status. GBTC leading the game with $356m, followed by IBIT at $330m. Good that the Genesis sell off started. The earlier it starts, the earlier it finishes