Crypto Insider
Author's blog in simple language about how to make money on meme coins, crypto, token sales, and understanding it all on your own. Promotions @adsgenius
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🔹 Literally one piece of news and the apocalypse in the minds of panic-mongers is over
To avoid fear during each correction, you must have a strategy for any market behavior.
This means taking an asset and understanding what you will do if the price goes up and what you will do if the price goes down. A plan breeds confidence > confidence leads to clarity > clarity leads to correct actions.
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💰 K33 Research — BTC funds (ETFs and ETPs) have already accumulated over 1,100,000 BTC, which is 5.2% of the maximum issuance of the first cryptocurrency
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🔹 SEC Closes Investigation Into Ethereum
This means that the SEC will not bring charges alleging that sales of ETH are securities transactions.
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📊 Market Overview
Classic, we fall on Mon/Tues, but rebound back on Wednesday.
BTC $65,363
ETH $3,545
Fear Index: 64
Altseason Index: 16
Long/Short Ratio: 52/48
Bitcoin Dominance: 55.37%
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🤗 Consumers First, a consumer rights protection company, in its new advertising campaign calls Tether "the next FTX"
Consumers' Research accuses Tether of ties to authorities in China and Russia, terrorist groups, drug cartels, and human traffickers.
There is no evidence to support these claims, but they have been accused and cited as the potential cause of the next cryptocurrency market crash.
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😰 POV: saw the crypto portfolio today
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🤷♂️ 12,700 $BTC were sent to accumulation addresses in the last 24 hours, worth around $840 million
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🚀 Binance СEO Richard Teng is confident that $BTC will surpass $80,000 by the end of 2024
Source: Interview for Bankless YT Channel.
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💰 Tether has launched $aUSDT - a synthetic dollar backed by $XAUt (Tether Gold)
We've seen something similar with synthetic dollars before (hello LUNA/UST). Let's hope these guys know what they're doing.
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⏺ The Spot Bitcoin ETF saw $145.83m outflow yesterday
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