5 months ago
Yet another so-called World War III headline, and people are “panic selling” once again.
Weak hands are present. They will never learn.
#Bitcoin
Weak hands are present. They will never learn.
#Bitcoin
5 months ago
🇺🇸 Senator Lummis presents to the Senate a bill on the National Reserve #Bitcoin .
Dubbed the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2024, the bill aims to strengthen “the position of the U.S. dollar in the global financial system.”
“Just as gold reserves have historically served as a cornerstone of national financial security, Bitcoin represents a digital age asset capable of enhancing U.S. financial leadership and security in the 21st century global economy. century"
https://www.lummis.senate....
Dubbed the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2024, the bill aims to strengthen “the position of the U.S. dollar in the global financial system.”
“Just as gold reserves have historically served as a cornerstone of national financial security, Bitcoin represents a digital age asset capable of enhancing U.S. financial leadership and security in the 21st century global economy. century"
https://www.lummis.senate....
5 months ago
💬 Tucker Carlson likes #Bitcoin , even though he thinks the CIA created it.
“It’s obvious that the CIA invented it, we all know that.”
he declares with a laugh during a private event organized as part of Bitcoin 2024.
“Cryptocurrencies give the average person the freedom to conduct their business without surveillance or control.”
The political commentator adds that, to live up to its potential, Bitcoin must overcome the obstacle of its adoption as a medium of exchange, and not just as a store of value. This requires convincing the general public to accept BTC payments and making the system private enough that it cannot be traced and punished for its use.
This theory by Tucker is not new: many elements leave doubt as to the possible involvement of the CIA or the NSA in the creation of Bitcoin.
“It’s obvious that the CIA invented it, we all know that.”
he declares with a laugh during a private event organized as part of Bitcoin 2024.
“Cryptocurrencies give the average person the freedom to conduct their business without surveillance or control.”
The political commentator adds that, to live up to its potential, Bitcoin must overcome the obstacle of its adoption as a medium of exchange, and not just as a store of value. This requires convincing the general public to accept BTC payments and making the system private enough that it cannot be traced and punished for its use.
This theory by Tucker is not new: many elements leave doubt as to the possible involvement of the CIA or the NSA in the creation of Bitcoin.
5 months ago
BTC tested the growth support zone from the 53,000 level. From where there were significant purchases. A repeated re-test of the support area is possible. In order for it not to happen, it is necessary to keep the level of 64,000. It is also necessary to return the level of 65,500 within two to three days. There are also key exit levels from the medium-term flat. This is a downward trend line, see on the chart, and an uptrend in the role of support, which must be maintained.
withdrawal from exchanges exceeds input - correlation
Altcoins, the Bitcoin dominance that drew a breakdown on the pattern, have returned. There is no breakdown of this pattern on the current ones. Therefore, I always write and say that it is necessary to wait for a breakdown and fix it!
The dominance of Bitcoin continues to grow from yesterday. While the dominance of Altcoins is decreasing. The growth of altcoins will begin at least after the breakdown of the key resistance zone for the price of Bitcoin, with a breakdown and a gain above 73,000. In any case, Altcoins will not be in a bearish trend for very long. Patience is a profit.
https://www.tradingview.co.../
withdrawal from exchanges exceeds input - correlation
Altcoins, the Bitcoin dominance that drew a breakdown on the pattern, have returned. There is no breakdown of this pattern on the current ones. Therefore, I always write and say that it is necessary to wait for a breakdown and fix it!
The dominance of Bitcoin continues to grow from yesterday. While the dominance of Altcoins is decreasing. The growth of altcoins will begin at least after the breakdown of the key resistance zone for the price of Bitcoin, with a breakdown and a gain above 73,000. In any case, Altcoins will not be in a bearish trend for very long. Patience is a profit.
https://www.tradingview.co.../
5 months ago
5 months ago
💰 Ark Invest sells for $6 .9 million of its own Bitcoin spot ETF (ARKB) and for $14 .8 million in Coinbase shares
https://www.coindesk.com/m...
https://www.coindesk.com/m...
ARK Invest Sold $14.8M of Coinbase (COIN) Shares Thursday Ahead of Earnings
Coinbase revenue beat Wall Street analysts' expectations, while profit came in lower than the consensus.
https://www.coindesk.com/markets/2024/08/02/ark-invest-sold-148m-of-coinbase-shares-thursday-ahead-of-the-exchanges-earnings-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
5 months ago
📉 Marathon Digital shows a loss of $200 million in Q2 2024.
This year's halving, coupled with rising global hash rates and equipment failures, are believed to have significantly affected Marathon Digital's production.
https://decrypt.co/242862/...
This year's halving, coupled with rising global hash rates and equipment failures, are believed to have significantly affected Marathon Digital's production.
https://decrypt.co/242862/...
Marathon Digital Posts $200 Million Quarterly Loss Amid Bitcoin Mining Sector Woes - Decrypt
This year’s halving, coupled with increased global hash rates and equipment failures, greatly affected Marathon Digital's output, it said.
https://decrypt.co/242862/marathon-digital-200-million-loss-amid-bitcoin-mining-sector-woes
5 months ago
(E)
⚡️Trump promises SPACE growth for crypto! The ex-president is rocking out at the Bitcoin 2024 conference - “bitcoin will overtake gold in capitalization,” and the United States will become the crypto capital of the world.
Trump’s first decision will be to fire the chairman of the SEC (Securities and Exchange Commission) - it is this organization that is stopping the development of crypto business in the world.
Secondly, the government will stop selling confiscated bitcoins and create a powerful strategic reserve of cryptocurrencies. This will lead to insane growth!
The USA, as usual, is doing everything right, while many other countries are “chewing snot”. After all, that’s why they are capitalists 👍💪🏻
Crypto investors, waiting for takeoff #crypto #Bitcoin #trump #tokens #info
Trump’s first decision will be to fire the chairman of the SEC (Securities and Exchange Commission) - it is this organization that is stopping the development of crypto business in the world.
Secondly, the government will stop selling confiscated bitcoins and create a powerful strategic reserve of cryptocurrencies. This will lead to insane growth!
The USA, as usual, is doing everything right, while many other countries are “chewing snot”. After all, that’s why they are capitalists 👍💪🏻
Crypto investors, waiting for takeoff #crypto #Bitcoin #trump #tokens #info
5 months ago
(E)
⚡️Трамп обещает крипте КОСМИЧЕСКИЙ рост! Экс-президент отжигает на конфе Bitcoin 2024 — «биткоин обойдет золото по капитализации», а США станет криптостолицей мира.
Первым решением Трамп уволит председателя SEC (Комиссии по ценным бумагам и биржам) — именно эта организация стопорит развития криптобизнеса в мире.
Вторым — правительство перестанет продавать конфискованные биткоины и создаст мощный стратегический запас крипты. Это и приведёт к безумному росту!
США, как обычно, делают все верно, пока многие другие страны «жуют сопли». Все таки капиталисты на то они и капиталисты 👍💪🏻
Криптоинвесторы, ждем взлета
#crypto #Bitcoin #trump #tokens #info #ru
Первым решением Трамп уволит председателя SEC (Комиссии по ценным бумагам и биржам) — именно эта организация стопорит развития криптобизнеса в мире.
Вторым — правительство перестанет продавать конфискованные биткоины и создаст мощный стратегический запас крипты. Это и приведёт к безумному росту!
США, как обычно, делают все верно, пока многие другие страны «жуют сопли». Все таки капиталисты на то они и капиталисты 👍💪🏻
Криптоинвесторы, ждем взлета
#crypto #Bitcoin #trump #tokens #info #ru
5 months ago
🔥Илон Маск заявил, что не собирается продвигать криптовалюту
Я не собираюсь продвигать криптовалюту - максимум, в шутливой форме.
"Если вы увидите, что я продвигаю ее, то это не я. Считаю, что в биткоине и других монетах есть определенная польза, а еще я неравнодушен к DOGE."
#crypto #Bitcoin #Elon #Musk #ElonMusk #tokens #info #ru
Я не собираюсь продвигать криптовалюту - максимум, в шутливой форме.
"Если вы увидите, что я продвигаю ее, то это не я. Считаю, что в биткоине и других монетах есть определенная польза, а еще я неравнодушен к DOGE."
#crypto #Bitcoin #Elon #Musk #ElonMusk #tokens #info #ru
5 months ago
Elon Musk said he is not going to promote cryptocurrency
I'm not going to promote cryptocurrency - at most, in a joking manner.
"If you see me promoting it, it's not me. I think there is some benefit to Bitcoin and other coins, and I'm also partial to DOGE."
#crypto #Bitcoin #Elon #Musk #ElonMusk #tokens #info #eng
I'm not going to promote cryptocurrency - at most, in a joking manner.
"If you see me promoting it, it's not me. I think there is some benefit to Bitcoin and other coins, and I'm also partial to DOGE."
#crypto #Bitcoin #Elon #Musk #ElonMusk #tokens #info #eng
5 months ago
Weekly Rollup 📺🗞
w/ sassal0x!
🟠
realDonaldTrump spoke at TheBitcoinConf in Nashville, what got the loudest cheer?
📊 ETF flows continue -- how are things looking?
🐻 California is transitioning car titles to avax?
➕ all that and more...
Jump in 👇
w/ sassal0x!
🟠
realDonaldTrump spoke at TheBitcoinConf in Nashville, what got the loudest cheer?
📊 ETF flows continue -- how are things looking?
🐻 California is transitioning car titles to avax?
➕ all that and more...
Jump in 👇
5 months ago
🚨 Morgan Stanley, the $1 .3 trillion asset manager, will allow its advisors to offer spot Bitcoin ETFs to their wealthiest clients
https://www.coindesk.com/b...
https://www.coindesk.com/b...
Morgan Stanley (MS) to Offer Bitcoin (BTC) ETFs to Wealthy Clients: CNBC
The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.
https://www.coindesk.com/business/2024/08/02/morgan-stanley-to-offer-bitcoin-etfs-to-wealthy-clients-cnbc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
5 months ago
The summary of the news #crypto and markets
1) Powell (FED) leaves rates unchanged, no pivot decided, possible in September but reserves the possibility of acting until early 2025 if necessary
2) Senator Cynthia Lummis submitted her bill to make #Bitcoin a store of value alongside gold
3) Gold hits a new ATH close to $2 ,500 per ounce
4) According to several technical analysts $BTC is still in downtrend (lower high point and lower low point) which could lead it to a new low point in August around $48 -50k if the current supports do not hold
5) The results of META and Schneider Electric are good
6) MtGox BTC continues to be distributed while whales accumulate 600,000 BTC changed hands between $66k and $67k
7) GrayScale continue to sell their ETHE at a very sustained pace
8) Yesterday the inflows-outflows were just in balance for BTC and net negative again for ETH
9) The Hashrate of #Bitcoin at 2% of its ATH has recovered almost the entire period of capitulation of miners
10) Tether published their results, they generated 5.2 billion profits in the last quarter
11) Nancy Pelosi bought thousands more Nvidia shares
12) General activity (on and off chain metrics) around DeFi has increased sharply in recent weeks
13) UAE residents now have the ability to trade crypto directly from their bank account
14) Inflation rose by 0.1% in the Euro zone from 2.5 to 2.6%
1) Powell (FED) leaves rates unchanged, no pivot decided, possible in September but reserves the possibility of acting until early 2025 if necessary
2) Senator Cynthia Lummis submitted her bill to make #Bitcoin a store of value alongside gold
3) Gold hits a new ATH close to $2 ,500 per ounce
4) According to several technical analysts $BTC is still in downtrend (lower high point and lower low point) which could lead it to a new low point in August around $48 -50k if the current supports do not hold
5) The results of META and Schneider Electric are good
6) MtGox BTC continues to be distributed while whales accumulate 600,000 BTC changed hands between $66k and $67k
7) GrayScale continue to sell their ETHE at a very sustained pace
8) Yesterday the inflows-outflows were just in balance for BTC and net negative again for ETH
9) The Hashrate of #Bitcoin at 2% of its ATH has recovered almost the entire period of capitulation of miners
10) Tether published their results, they generated 5.2 billion profits in the last quarter
11) Nancy Pelosi bought thousands more Nvidia shares
12) General activity (on and off chain metrics) around DeFi has increased sharply in recent weeks
13) UAE residents now have the ability to trade crypto directly from their bank account
14) Inflation rose by 0.1% in the Euro zone from 2.5 to 2.6%
5 months ago
BTC, yesterday the US stock market collapsed, pulling Bitcoin and of course Altcoins after it. Bitcoin has tested the lower limit of the 60,500 support zone, which it previously wrote about.
In general, this is a normal correction from the 53,000 growth, now the 0.618-0.786 Fibonacci levels have come into the zone. At the moment, it is important not to break through this zone downwards. There are also support levels below in the form of an uptrend. Today it is 58,600, it is clear that the trend is in an upward movement and, for example, in a week the level will be 59,200 and so on. It is critically important to maintain this level, as well as the medium-term uptrend, see the chart. Bitcoin is currently trading on a medium-term setup. And as before, a breakout and consolidation above 70,000-73,000 is needed to reverse the trend.
Yesterday it became clear, it is clear to many that the US Federal Reserve has overstayed its interest rates, and they should have been lowered at least 1 time. In September, it will be more than likely to be lowered! Urgently, they can lower it by as much as 0.5 points, instead of 0.25. It will also give investors and large funds a significant green signal! But everything can start earlier, "buy on rumors, sell on the news"
withdrawal from exchanges exceeds input - correlation
Altcoins, along with bitcoin, have received a correction. But at the time of the correction, there was also a correction in the Dominance of Bitcoin. Which actually plays into the hands of Altcoins. Nevertheless, there were altcoins that adjusted minimally. Now it is the same for altcoins, the medium-term uptrend is slightly below the price value. It is important not to lose this uptrend!
https://www.tradingview.co.../
In general, this is a normal correction from the 53,000 growth, now the 0.618-0.786 Fibonacci levels have come into the zone. At the moment, it is important not to break through this zone downwards. There are also support levels below in the form of an uptrend. Today it is 58,600, it is clear that the trend is in an upward movement and, for example, in a week the level will be 59,200 and so on. It is critically important to maintain this level, as well as the medium-term uptrend, see the chart. Bitcoin is currently trading on a medium-term setup. And as before, a breakout and consolidation above 70,000-73,000 is needed to reverse the trend.
Yesterday it became clear, it is clear to many that the US Federal Reserve has overstayed its interest rates, and they should have been lowered at least 1 time. In September, it will be more than likely to be lowered! Urgently, they can lower it by as much as 0.5 points, instead of 0.25. It will also give investors and large funds a significant green signal! But everything can start earlier, "buy on rumors, sell on the news"
withdrawal from exchanges exceeds input - correlation
Altcoins, along with bitcoin, have received a correction. But at the time of the correction, there was also a correction in the Dominance of Bitcoin. Which actually plays into the hands of Altcoins. Nevertheless, there were altcoins that adjusted minimally. Now it is the same for altcoins, the medium-term uptrend is slightly below the price value. It is important not to lose this uptrend!
https://www.tradingview.co.../
5 months ago
🇩🇰 Denmark - Rate cut of 0.25%
🇨🇦 Canada - Rate cut of 0.25%
🇪🇺 EU - Rate cut of 0.25%
🇨🇳 China - Rate cut of 0.25%
🇬🇧 UK - Rate cut of 0.25%
🇺🇸 US - September
Fall in rates = fall in the dollar = increase in values at risk = #Bitcoin pump
🇨🇦 Canada - Rate cut of 0.25%
🇪🇺 EU - Rate cut of 0.25%
🇨🇳 China - Rate cut of 0.25%
🇬🇧 UK - Rate cut of 0.25%
🇺🇸 US - September
Fall in rates = fall in the dollar = increase in values at risk = #Bitcoin pump
5 months ago
The problem is that most hope to make gains on Tuesday by investing on Monday.
These types of people are just not made for investing.
Invest when everyone is scared, sell when everyone is euphoric. No more no less. Today they are afraid.
⚠️ As a reminder, a year ago, #Bitcoin was at $24 ,500.
So, if you've been in cryptocurrency for a year and you're still in the negative on your investment, it might be time to rethink your strategy.
On the other hand, if you have recently entered the market, it is completely normal that your portfolio is still in negative territory. Be patient and watch in a few months.
These types of people are just not made for investing.
Invest when everyone is scared, sell when everyone is euphoric. No more no less. Today they are afraid.
⚠️ As a reminder, a year ago, #Bitcoin was at $24 ,500.
So, if you've been in cryptocurrency for a year and you're still in the negative on your investment, it might be time to rethink your strategy.
On the other hand, if you have recently entered the market, it is completely normal that your portfolio is still in negative territory. Be patient and watch in a few months.
