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Crypto Updates

@cryptoupdates0512

Kanal geosi va tili: Efiopiya, Inglizcha

Toifa: Kriptovalyutalar

Get real-time crypto news, market trends, and investment insights. Stay informed and make smarter decisions in the fast-paced world of cryptocurrency. Join us to stay ahead in the future of finance.

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Kanal geosi va tili

Efiopiya, Inglizcha

Toifa

Kriptovalyutalar

Statistika

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Crypto Updates

6 Oct, 15:19

🇺🇸👀 Spot #BTC-#ETF's now hold almost 5% of the total supply of Bitcoin

Demand is increasing, supply is decreasing

@cryptoupdates0512

975 2 1

Crypto Updates

1 Oct, 07:25

The final strong resistance for BTC is at $66,300. 👀

This level is characterized by a group of short-term holders who have kept their coins for 3 to 6 months. 💰

Analysts at CryptoQuant are confident that once this level is breached, the path to testing the ATH will be open.🚀

@cryptoupdates0512

1.6k 2 5

Crypto Updates

9 Sep, 14:00

💎 Crypto Market Update - Sept 9, 2024

1. Bitcoin Holds Steady🌎: Bitcoin is hovering around $57.7K, showing relative stability amid ongoing uncertainty. Traders are closely watching U.S. economic data, which could trigger price volatility later this week.

2. Altcoins Mixed✨: Altcoin performance is split. Injective (Inj) is surging with a 10.94% gain, while Toncoin (TON) is struggling, down 4.26%. Watch for further movement as specific projects like Siacoin hold key updates

3. DeFi Adjustments💡: Beta Finance has removed Wrapped Bitcoin (WBTC) from its platform, a significant shift for DeFi liquidity. This could create ripples across platforms that rely on WBTC.

4. Market Sentiment🤖: Overall market caution prevails. Liquidations exceeded $100M over the weekend, reflecting ongoing volatility, especially in Bitcoin and Ethereum

Stay tuned for more......

@cryptoupdates0512

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Crypto Updates

5 Sep, 11:17

Ethereum's Market Potential Compared to Tech Giants 💻🚀

The comparison becomes even more striking when looking at Apple, the world's most valuable company with a market cap of $3.5 trillion. If Ethereum were to reach this market cap, its price could skyrocket to $29,235, an 11.37x increase.

This illustrates the vast potential for price growth that Ethereum might achieve in the future, should its market cap grow to the level of these corporate giants.

💰 @cryptoupdates0512

1.1k 1 5 1

Crypto Updates

3 Sep, 10:05

💰 Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm

Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin.

@cryptoupdates0512

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Crypto Updates

24 Aug, 18:57

👑 WazirX to resume phased fiat withdrawals after $235M hack

India-based crypto exchange WazirX announced that it will begin a phased resumption of fiat currency withdrawals on Aug. 26, following a month-long suspension due to a cyberattack, according to an Aug. 23 press release. The attack forced the platform to suspend all trading and withdrawal activities while it assessed the damage and developed a recovery plan. The stolen assets have created a significant shortfall, preventing the exchange from meeting its crypto obligations to users.

@cryptoupdates0512

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Crypto Updates

11 Aug, 19:54

💰 Bitwise CIO says market is ‘not bullish enough’ amid rising political endorsements

Bitwise CIO Matt Hougan believes the market is “not bullish enough” about Bitcoin, and investors need to rethink the flagship crypto’s potential upside after what happened at the Bitcoin2024 conference. Hougan’s reflections on the 2024 Bitcoin Conference in Nashville suggest a dramatic shift in what’s possible for Bitcoin compared to even two years ago. He attributed the shift in sentiment to the significant political endorsements Bitcoin received at the event.

@cryptoupdates0512

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Crypto Updates

11 Aug, 19:54

🏦 Coinbase posts $1.45 billion in Q2 revenue as profits decline

While Coinbase more than doubled its second-quarter revenues year-over-year, it registered a slight decline compared to the previous quarter. Coinbase registered consumer transaction revenues of $665 million for Q2, a 29% decline from the $1.07 billion it reported in Q1. The exchange's stablecoin revenue, however, increased to $240.4 million, up from $197.3 million in the previous quarter.

@cryptoupdates0512

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Crypto Updates

18 Jul, 19:41

💰 US spot bitcoin ETFs see $300 million inflows on seventh consecutive day of positive flows

The 11 spot bitcoin exchange-traded funds in the U.S. reported a daily net inflow of $301 million, extending its positive streak to a seventh consecutive day. BlackRock’s IBIT, the biggest spot bitcoin ETF by net asset value, recorded the largest net inflows of the day with $117.25 million, according to SoSoValue data. The fund was also the most traded bitcoin ETF on Monday, with a volume of $1.24 billion. Ark Invest and 21Shares’ ARKB closely followed with net inflows of $117.19 million.

@cryptoupdates0512

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Crypto Updates

18 Jul, 19:41

🪙 Bitwise CIO predicts Ethereum ETF inflows will push ether prices to all-time highs above $5,000

Matt Hougan, Chief Investment Officer at crypto asset manager Bitwise, said spot Ethereum exchange-traded fund inflows could have a bigger impact on ether upon launch than the equivalent products did for bitcoin. He said he expected the first few weeks once the Ethereum ETFs go live to be “choppy” for the second largest cryptocurrency by market cap as funds potentially flow out of the $11 billion Grayscale Ethereum Trust (ETHE) after its conversion to a spot ETF.

@cryptoupdates0512

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Crypto Updates

10 Jul, 16:40

🇦🇺 Australia’s ASX Welcomes Another Bitcoin ETF with DigitalX Launch

DigitalX Limited, a digital asset fund manager, announced today the successful approval and upcoming launch of its spot Bitcoin ETF on the Australian Securities Exchange (ASX). DigitalX has partnered with ASX-listed K2 Asset Management, which will serve as the Responsible Entity and issuer for the ETF. K2 brings experience in managing ASX-listed ETFs, compliance systems, and meeting Australian financial services license requirements.

@cryptoupdates0512

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Crypto Updates

24 Jun, 21:52

The next big move for 🥇 Bitcoin is still yet to come...

@cyptoupdates0512

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Crypto Updates

24 Jun, 16:26

🇺🇸 Blockchain advocacy group raises privacy concerns over IRS crypto tax form

The Chamber of Digital Commerce, a leading trade association in the blockchain industry, has submitted its feedback on the United States Internal Revenue Service’s (IRS) proposed Form 1099-DA, which is intended for reporting digital asset transactions. The chamber’s detailed response highlights the need to simplify the form, making it more straightforward for brokers dealing with digital assets such as cryptocurrencies to use.

@cryptoupdates0512

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Crypto Updates

14 Jun, 20:37

💰 Michael Saylor’s 21 Rules for Bitcoin calls Bitcoin ‘Chaos’ and an ‘economic virus’

MicroStrategy CEO Michael Saylor articulated a vision of Bitcoin as the world’s first perfect money, a profound innovation with the potential to reshape economic and political systems globally. Drawing parallels to historic scientific revolutions, Saylor positioned Bitcoin as a disruptive economic force, ushering in a new era of financial insight.

@cryptoupdates0512

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Crypto Updates

14 Jun, 20:36

💰 Bernstein raises long-term Bitcoin price projection to $1 million by 2033, initiates MicroStrategy coverage

Bernstein has doubled down on its optimistic Bitcoin price projections, raising its long-term forecast to $1 million by 2033, driven by unprecedented demand and constrained supply. Bernstein analysts also revised their predictions for the current cycle and now project the flagship crypto to hit $200,000 by the end of 2025, up from its earlier estimate of $150,000. The firm also predicted Bitcoin will climb to $500,000 by 2029.

@cryptoupates0512

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Crypto Updates

8 Jun, 20:14

00:16

Video oldindan ko‘rish uchun mavjud emas

Telegram'da ko‘rish

JUST IN: 🇺🇸 Donald Trump says he will "end Joe Biden's war on crypto, and ensure that the future of crypto and the future of Bitcoin will be made in America."

@cryptoupdatese0512

1.4k 0 3 1

Crypto Updates

8 Jun, 20:14

💰 Bitcoin miner Bitfarms stock surges after raising 2025 guidance to over 35 EH/s

Bitcoin miner Bitfarms has reiterated the Riot Platforms takeover proposal would not be in the best interest of its shareholders and later announced it entered into an agreement to develop its first large-scale mining site in the United States, which will boost the miner's overall power capacity. As a result, this raises Bitfarms' 2025 power capacity to 648 megawatts, 170% growth from its current capacity and up 47% from its targeted year-end 2024 capacity.

@cyptoupdates0512

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Crypto Updates

8 Jun, 20:14

🪙 Gensler says Ethereum ETF S-1 approvals likely 'over the course of this summer'

U.S. Securities and Exchange Commission Chairman Gary Gensler gave comments related to the timeline of spot ether exchange-traded fund listing approval in a Thursday hearing at the United States Senate Committee on Appropriations. When U.S. Sen. Bill Hagerty (R-TN) asked Gensler about the approval process for ether ETFs, Gensler estimated the approvals to occur sometime this summer.

@cryptoupdates0512

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Crypto Updates

8 Jun, 20:13

🦊 MetaMask launches pooled staking for Ethereum, excluding US and UK users

MetaMask developer Consensys has launched pooled staking for its popular web3 wallet, enabling users to stake any amount of ether to contribute to Ethereum network security and earn validator rewards. Before the launch, only users with at least 32 ETH (around $113,000), the minimum required by the Ethereum protocol, could stake natively in validators operated by the firm. MetaMask users can unstake their ether at any time, but the process is subject to waiting times that may vary depending on the current Ethereum validator exit queue.

@cryptoupdates0512

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Crypto Updates

8 Jun, 20:13

📊 $270.4 million in liquidations as crypto market selloff continues

The cryptocurrency market has experienced a notable selloff over the past two days, which has led to a surge in liquidations. Bitcoin, the largest crypto by market cap, was down 3.5% over the past 24 hours to $67,275, according to The Block’s bitcoin price data, while Ethereum was down 4.6% to $3,495. The selloff has led to the liquidation of about $270.4 million in leveraged positions over the past 24 hours, according to CoinGlass. A significant portion, $238 million, were long positions.

@cryptoupdates0512

1.4k 0 3 1

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Kanalda mashhur

The final strong resistance for BTC is at $66,300. 👀 This level is characterized by a group of s...

🇺🇸👀 Spot #BTC-#ETF's now hold almost 5% of the total supply of Bitcoin Demand is increasing, sup...