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The price of Bitcoin (BTC) has solidified its position above the crucial support level of $66,000, leading some crypto traders to express confidence and optimism about BTC.
Inflows of US$932m in response to prosect of interest rate cuts
QCP Spot ETH ETF deadline week - First round of Spot ETH ETF deadlines approaching this week 23-May: VanEck 24-May: Ark Invest/21Shares - ETHBTC reaching Feb 2021 levels last Friday coupled with the lacklustre interest in the options market, hints that the market is anticipating a rejection and a non-event. - ETH has successfully defended the 2900 levels multiple times this year and has formed a strong support - Given ETH's duality of a store of value and a layer 1 Blockchain network. An approval would likely result in ETH outperforming the price action of BTC upon it's approval. - Given the resounding lack of interest in the market, the risk is to the topside with a surprise approval catching everyone off guard, triggering a short squeeze taking us easily back to recent highs Trade Idea Spot Ref: 3,100 ETHUSD ETH Accumulator (32 weeks, 27-Dec 24) Buy ETH at 21% discount (2,450) every Friday if spot is below 3,500 ETH ETF Surprise Approval Ticket Payout: 14.28x Expiry: 31-May 2024 At expiry, If ETH is above…
Mike Novogratz , Giám đốc điều hành của Galaxy Digital, đã chia sẻ những hiểu biết sâu sắc của mình về quỹ đạo tương lai của Bitcoin.
Vitalik Buterin đã nêu bật 3 mối đe dọa chính tác động lên tính phi tập trung trên Ethereum và đề xuất các giải pháp khắc phục vấn đề này trong tương lai gần.