Tesla makes $495M$ in profits from its#Bitcoininvestment, with BTC holdings surpassing $1 billion$ ! 🚀 This move influenced by Elon Musk inspires companies to see crypto as a diversification option and a hedge against inflation. #Crypto #Tesla #BTC #Investment
🚀 Meet Kaia: the blockchain platform that makes Web3 accessible to everyone! A fusion of Klaytn & Finschia, it offers speed, interoperability and simplifies the user experience with features like fee delegation. Kaia is the gateway to powerful and easy-to-use decentralized applications.
The main goal of the Pnutsol project is to provide a token ($PNUT) based on the Solana blockchain that offers secure, transparent, and low-fee transactions. By targeting the Solana crypto community, it aims to build user trust and build a decentralized and stable ecosystem, accessible through decentralized exchange platforms.
The crypto is showing signs of strength with an impressive volume of 95.32M USDT in 24h and a high of 0.008189. The trend is supported by a solid bullish momentum. 📈
The MA(5) and MA(10) indicators are showing increasing volumes, suggesting continued growth potential for savvy investors. 🎯
The price (SOL/USDT) reaches $215.27 in 24 hours, with a trading volume of 7.90 million SOL! Volatility remains high, but investor enthusiasm is there.
The U.S. Securities and Exchange Commission (SEC) approved Ether spot exchange-traded funds (ETFs) on May 23, marking a clean break from the approval process used for Bitcoin spot ETFs earlier this year.
Unlike Bitcoin spot ETFs, which were approved following a vote by a five-member committee, including SEC Chairman Gary Gensler, the Ether spot ETFs received approval from the Division of SEC Commerce and Markets.
Although Bitcoin recently crossed the symbolic $70,000 mark, boosted by speculation surrounding the approval of an Ethereum ETF, it has failed to maintain these high levels. Indeed, selling pressure brought BTC below $70,000. However, this consolidation appears to be only temporary, as historical trends suggest that a bullish breakout could be imminent. #Binance #Web3 #Bitcoin #etherreum
Bitcoin, this disruptive force, heralds the end of banking corruption and could even claim the title of the new global reserve currency. According to crypto analyst Willy Woo, the famous cryptocurrency could reach a million dollars, but you will have to be patient, very patient, at least 10 years! #Binance #BTC☀️ #DeFi #Web3 #NFT
If bitcoin manages to break the crucial $67,500 mark, it could trigger a series of massive liquidations, eliminating nearly $300 million in short positions across crypto exchanges. Such a move, by forcing short sellers to repurchase their positions to avoid further losses, would further fuel demand for bitcoin, and thus propel its price to new all-time highs. This increased buying pressure could push bitcoin to reach or even exceed the symbolic $70,000 mark, attracting even more attention from institutional and individual investors.
Furthermore, a successful crossing of this resistance threshold could also signal a reversal of bitcoin's dominance in the cryptocurrency market. Currently, bitcoin represents a significant portion of the total crypto market capitalization. However, a massive rise in its price could lead to a rotation of capital into altcoins.
Investors, taking advantage of gains made in bitcoin, could look to diversify their portfolios by investing in undervalued altcoins, providing new investment opportunities. This turnover of capital could boost emerging blockchain projects and strengthen the crypto ecosystem as a whole. #Binance #Web3 #Bitcoin #DOGE #DeFi
The Bitcoin had a very intense start to 2024. It started with the US approval of spot ETFs applied to its cryptocurrency BTC. Then came the time for his fourth halving, awaited each time as a promise of a bull run. And while the (new) investors were quietly settling into the starting blocks, nothing happened as they hoped. Indeed, BTC has triggered a hellish correction that some see as possibly even more violent. As a result, the number of new addresses created is at its lowest level since… 2018! #Binance #BTC☀️ #Halving2024 #etf #crypto
Investing involves committing resources, often money, to assets or projects with the hope of earning a future return. This can include purchasing stocks, bonds, real estate, or investing in a business or project. The objective is to make these resources grow in the long term. #Binance #Investissement #cryto #Bitcoin
According to a study, Solana and Sui are the fastest blockchains, far ahead of EVM infrastructures.
According to a ranking by CoinGecko, Solana (SOL) and Sui (SUI) dominate in terms of transaction speed, far outpacing other blockchains, including Ethereum and its layer 2s.