Crypto News & Update

JUST IN: BlackRock now holds 25,067 $BTC worth over $1.06 billion for their spot Bitcoin ETF. @ftucrypto

Crypto Speak: Bounty campaigns These are various reward techniques aimed at attracting new users. They usually involve tasks and rewards for completing them. This is how it goes down: You subscribe to a crypto project’s social media and then, say, perform some actions on the platform. For completing tasks, you may be rewarded with bonus coins or given a chance to participate in a draw for valuable NFTs or tokens. 📈[] @ftucrypto

JUST IN: 🇺🇸 Former President Donald Trump says he "will never allow the creation of a central bank digital currency" if elected in 2024. @ftucrypto

50% of all cryptocurrencies have died ☠️ The largest number of "deaths" occurred in 2021 and 2022, as they say to see the bull market and die. Such an unenviable fate of crypto projects can be explained very simply, the vast majority of them were created with the purpose of making easy money. Once they managed to realize their token profitably, the project can be scammed/closed/dropped (underline needed). P. S. And how many coins have already died, but no one knows about it 😡 📈[] @ftucrypto

JUST IN: 🇺🇸 JPMorgan CEO Jamie Dimon says President Trump was right about tax reform and he grew the economy quite well. @ftucrypto

🔳 Solana Mobile is planning to release a second smartphone The first Saga phone turned out to be worthless until the team dropped the price from $1000 to $600 and users found a drop of BONK tokens that recouped the cost of the phone. Now Solana wants to release a new device, which will be with a different hardware and cheaper, apparently they want to get high on drops once again 👀 The new phone will have the same basic features: built-in crypto wallet, special Android software and dApp Store for crypto applications. 📈[] @ftucrypto

JUST IN: JPMorgan CEO Jamie Dimon says his "personal advice" is to not get involved with Bitcoin. JPMorgan is an authorized participant for BlackRock’s spot Bitcoin ETF. @ftucrypto

JUST IN: BlackRock now holds 16,361 $BTC worth over $707 million for their spot Bitcoin ETF. @ftucrypto

Crypto speak: Hsbaf “Hsbaf” stands for “holy shit bears are f*ed.” This acronym makes its rounds on social media usually when the price of an asset starts to rise: The phrase mocks those who didn’t believe in growth and “shorted.” 📈**[] @ftucrypto

🟠 New project on Binance Launchpool - Manta Network 📈[] @ftucrypto

JUST IN: Spot Bitcoin ETF trading volume surpasses $9.4 billion in its first three days. @ftucrypto

🔵 ETH - trading above the ascending wedge ⬆️ Despite the correction, the ETH chart shows numerous bullish signals: long shadows, ascending structure, holding above the trendline, a false breakdown of support - another trap from the market maker. Considering these factors and technical indicators dipping below neutral, the market is seems like to be gearing up for further growth. Ascending wedge breakout is also a bullish sign for ETH. However, given the broader correction, I'd wait for a confident retest of its upper limit before opening positions. If sellers fail to push the price back into the wedge, I'll consider a mid-term long position. 📊 The nearest resistance level for ETH and our first TP would be around $2760, the highest point since May 2022. 📈[] @ftucrypto

🌟 Ethereum ETF Sparks Interest: BlackRock CEO Larry Fink Optimistic 🌟 📊 BlackRock CEO Larry Fink Sees Potential in Ethereum ETF 🚀 Following the triumphant launch of the Spot Bitcoin ETF (IBIT), BlackRock CEO Larry Fink has expressed his recognition of the "value" in a Spot Ethereum ETF. 📈 BlackRock, the world's largest asset manager with a whopping $9 trillion in assets under management, filed a request for a Spot Ethereum ETF back in November. 💬 In a CNBC interview, Fink compared Bitcoin to gold, highlighting Bitcoin's near-maximum quantity, which positions it as an asset capable of offering protection. "It's an asset that shields you. Unlike gold, which we keep producing more of, Bitcoin is nearing its maximum limit ever, making it a unique protective asset." 📈[] @ftucrypto

Crypto speak: Flippening The concept of “flippening” refers to the point at which Ether (ETH) or any other cryptocurrency surpasses Bitcoin in terms of market capitalization. It is important to note that, up to this point, the idea of a flippening has been used to describe a variety of different characteristics, including trading volume, the number of transactions, and the number of nodes. However, the term flippening is rarely used because it would be unfathomable for any altcoin to supplant Bitcoin. 📈[] @ftucrypto

🚨JUST IN: 🥇 Bitcoin Price to Hit $150K in Just One Year, Expected to Reach $500K in Five Years, Says Fundstrat’s Tom Lee. 📈[] @ftucrypto

JUST IN: 🇺🇸 X receives money transmitter license for payment services in Utah. @ftucrypto

🌟 Ethereum ETF Sparks Interest: BlackRock CEO Larry Fink Optimistic 🌟 📊 BlackRock CEO Larry Fink Sees Potential in Ethereum ETF 🚀 Following the triumphant launch of the Spot Bitcoin ETF (IBIT), BlackRock CEO Larry Fink has expressed his recognition of the "value" in a Spot Ethereum ETF. 📈 BlackRock, the world's largest asset manager with a whopping $9 trillion in assets under management, filed a request for a Spot Ethereum ETF back in November. 💬 In a CNBC interview, Fink compared Bitcoin to gold, highlighting Bitcoin's near-maximum quantity, which positions it as an asset capable of offering protection. "It's an asset that shields you. Unlike gold, which we keep producing more of, Bitcoin is nearing its maximum limit ever, making it a unique protective asset." 📈[] @ftucrypto

🥇 BTC - dropped by 7% in the last 24 hours 📉 It seems that despite common sense, most people were still expecting pump after the launch of the ETF. Failing to see it materialize, traders are starting to liquidate their positions. Just in the last 24 hours, panic has led short-term holders to withdraw and sell over $5 billion worth of BTC on exchanges. Now, pay attention. 💁‍♂️ 80% ($4 billion) of these sales were at a loss. Meanwhile, the ETF launch itself was successful by all metrics. Nearly $5 billion was traded on the first day, setting a record among all ETFs, surpassing even gold. The overall capital inflow for that day was around $700 million. 👉 This is exactly the situation I was talking about. Despite positive market indicators, BTC is falling. This is happening because strong hands are pushing weak ones out of the market and building their own positions. And when this "redistribution" is complete, the growth will continue. 📈[] @ftucrypto

Crypto speak: Blue chip Something considered a “blue chip” is an established, successful project that has benefited its holders over time and held a high floor. NFT blue chips share several common characteristics: relatively high floor prices, brand strength, celebrity endorsement, project team commitment, and real utility. 📈[] @ftucrypto

📉 BTC above $44k – time for a big short? Many public traders have become emotional, so I want you to see a different perspective. 50 Satoshi identified several strong signals indicating a soon correction. He is sharing this info for free. Follow his channel to stay informed - https://t.me/+tuXFhBw2F-xlMDMy @ftucrypto