Crypto News & Update

Crypto Speak: OTC “OTC” stands for “over-the-counter” trading, bypassing DEXs or CEXs without intermediaries. The buyer and seller do everything directly; they agree on the amount, the coin’s exchange rate, and other details. OTC deals are for very large sums—e.g., 1,000 Bitcoin (BTC). You can rarely find offers to sell such a large amount of coins on exchanges; you will have to buy in installments from several sellers. This will take a long time and won’t be very profitable because the value of BTC from different sellers may differ. The alternative is OTC trading. You simply agree on a direct transaction with a seller who has 1,000 BTC. 📈[] @ftucrypto

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💰 Vitalik, co-founder of Ethereum, put forward four financial advices: 1. Diversification is good; 2. Save. Get to the point where you have enough to cover multiple years of expenses. Financial safety is freedom. 3. Be boring with most of your portfolio. 4. Don't use more than 2x leverage. Posted ahead of ETF Fomo and Volatility! 📈[] @ftucrypto

JUST IN: Jim Cramer says Bitcoin is "topping out." @ftucrypto

JUST IN: VanEck Spot Bitcoin ETF has been listed on the DTCC under ticker $HODL. @ftucrypto

JUST IN: $47,000 Bitcoin @ftucrypto

JUST IN: Spot Bitcoin ETFs expected to be approved Wednesday and could begin trading this week, CNBC reports. @ftucrypto

JUST IN: $46,000 Bitcoin @ftucrypto

JUST IN: BlackRock expects its Spot Bitcoin ETF to be approved on Wednesday, Fox Business reports. 📈[] @ftucrypto

JUST IN: Standard Charter Bank says Bitcoin could reach $200,000 by end of 2025 if Spot ETFs are approved. @ftucrypto

JUST IN: Standard Charter Bank says Bitcoin could see $50-100 billion in spot ETF inflows upon approval in 2024. @ftucrypto

JUST IN: 🇺🇸 SEC Chair Gary Gensler says "fraudsters continue to exploit crypto assets...to lure retail investors into scams." @ftucrypto

Bull run on the nose ‼️ 📈[] @ftucrypto

JUST IN: Spot Bitcoin ETF applicants submitted their final registration of securities amendments: • VanEck • Bitwise • Fidelity • Valkyrie • Franklin • ArkInvest • Grayscale • BlackRock • WisdomTree • Invesco Galaxy @ftucrypto

JUST IN: Bitcoin back above $45,000 @ftucrypto

Crypto Speak: Anon “Anon” has become a popular way to address an audience in crypto since most readers are already anonymous. For example, after a particularly bad day in the markets, you might read something like, “Going to buy dip, anon?” It’s just a way of addressing “everyone” in a slightly ironic way. 📈[] @ftucrypto

Confirmation for 💰 Bitcoin ETFs is supposed to be next week🧐 🟢We need to see approvals on 19b-4 Amended Fillings (next week) 🟢Also we need S-1 documents to go effective (also next week) ❗️So watch out for your trading, as it might turn to be a volatility around this time. We have 3 options here: ETF can be denied, delayed or approved so the market can be influence either direction 📈[] @ftucrypto

JUST IN: Someone just bought 27 BTC 💰 on Binance and sent it to Satoshi Nakamoto's address 👀 📈[] @ftucrypto

Confirmation for 💰 Bitcoin ETFs is supposed to be next week🧐 🟢We need to see approvals on 19b-4 Amended Fillings (next week) 🟢Also we need S-1 documents to go effective (also next week) ❗️So watch out for your trading, as it might turn to be a volatility around this time. We have 3 options here: ETF can be denied, delayed or approved so the market can be influence either direction 📈[] @ftucrypto

Crypto Speak: Delisting Similar to “listing”, “delisting” is the process of removing a coin from an exchange. For example, “Binance has delisted DOGE” means that, for some reason, the exchange has decided that it no longer wants to provide trading for this coin. P.s.: Don’t worry about Dogecoin! It’s just an example. DOGE has been traded on Binance for a long time, and so far, there is no reason to delist it =) 📈[] @ftucrypto