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April's Crypto Outlook: Halving Impact and Market Movements 🚀 📈 Bullish Bitcoin Trends: Analysts predict a historic April for Bitcoin due to an upcoming halving event, with potential highs of $150,000. Despite a slight decline to $69,158 on April 2, 2024, it stays within a stable trading range, reflecting its robust bullish momentum. 🌐 Web3 Momentum: The current Bitcoin bull run is fueling Web3-based creator tools, opening new opportunities for projects and investors. 🔍 Ethereum and ETF Developments: An Ethereum ETF applicant has requested the SEC to delay approvals until December 2024, amidst discussions about the impact of Bitcoin's halving on the future of spot ETFs. 🌏 Asian Market Activity: Crypto exchange volumes in Asia outpace those in the U.S., indicating an imminent approval for a significant China ETF, which could dramatically sway the crypto market. 💼 IRS Heightens Crypto Tax Vigilance: With increasing popularity and interest in crypto post-halving, the IRS is set to enforce stricter tax compliance in 2024. 💹 Marathon Digital's Remarkable Surge: Marathon Digital's stock price has risen by 150% as the crypto community anticipates the halving event. 🔓 FTX's Bankman-Fried Faces Justice: Sam Bankman-Fried, founder of the now-defunct FTX, has been sentenced to 25 years for one of the largest financial frauds in U.S. history, impacting the market and FTX creditors. 🔄 Bitcoin Cash's Halving Insight: Bitcoin Cash's response to its halving may provide clues to Bitcoin's price direction following the April halving event. #CryptoHalving #BitcoinBullRun #EthereumETF #CryptoRegulation #Web3Innovation #MarketTrends

🚨 Crypto News: Hong Fang, the powerhouse President of OKX, shares her sharp insights into Bitcoin’s explosive rally to $99,000 and what it means for the future of crypto. Fang, with her journey from Goldman Sachs to championing a decentralized financial future, believes this surge is fueled by a mix of macroeconomic shifts and evolving US regulatory frameworks. She highlights how institutional players like BlackRock are stealthily stacking $BTC, preparing for a mainstream takeover. According to OKX research, a whopping 70% of institutional investors plan to allocate to Bitcoin within three years. But with regulation still being a wildcard, Fang emphasizes the need for a balance between oversight and innovation to unlock the next wave of adoption. On a more ambitious note, Bitcoin as a national reserve currency is no longer just a fringe idea. States like Wyoming are paving the path, and if the US pulls the trigger, it could spark a global domino effect. Talk about Bitcoin reshaping monetary history! Fang's advice to investors? Brace for the roller coaster. Volatility isn’t a bug; it’s the price of playing the long game with an asset that continues to outshine traditional investments. Altcoins will likely follow BTC's rally, but as always, DYOR and invest responsibly. The crypto revolution isn’t a sprint; it’s a marathon. Stay informed, stay patient, and watch this space as we head into uncharted territory. #Bitcoin #CryptoInvesting #Web3

The crypto world is buzzing with activity💥: from regulatory concerns and the role of digital assets in the upcoming elections to institutional investors playing a major role, there's a lot to unpack in the article on 3 crypto trends investors might have overlooked. Here are some key takeaways sparking debate and contemplation: - FTX's plan to make investors whole after the collapse is a positive turn in the crypto saga, showcasing the resilience of the industry amidst challenges and highlighting the importance of treating crypto as financial instruments. - The investigation into crypto mining's energy consumption reflects a growing awareness of environmental impacts, with the U.S. authorities taking a closer look at electricity use by mining firms. How will this scrutiny impact the future of mining? - Tokenization of assets is on the rise, with traditional finance institutions embracing blockchain technology. As the market for tokenized assets expands rapidly, the potential for wealth management to be transformed is becoming increasingly evident. What are your thoughts on these trends shaping the crypto landscape? Share your insights below and let's dive into the implications together. #CryptoTrends #InvestingInsights #BlockchainFuture https://lnkd.in/drkMP5gJ

With the #bitcoin halving only 50 days away and price back above $60,000, the market sentiment around crypto assets seems to be shifting from the doom and gloom headlines of 2022. After the recent approval of the #bitcoinetf, daily net inflows have been breaking records at ~ $500MM-600MM/day. New demand and inflows coupled with a fixed supply and a deflationary supply issuance mechanism has been a caveat in the recent run. Other crypto assets such as Ethereum🦇🔉(the next layer of the internet) have been garnerning attention with more potential ETF approvals around the corner and the Dencun upgrade expected in a few weeks. With both assets up >100% in the past year, volatility and some price consolidation should be expected. Having researched the space since 2017, the advancements and innovations seen on multiple protocols has grown tremendously with the introduction of #AI. The upcoming year will be foundational for this new asset class, which will need to navigate its spot within capital markets and Trad-Fi. Has the most recent SEC approval of ETFs brought legitimacy to these assets and will digital currencies set a new standard or will this run be short-lived powered by mania similar to previous years? Disclaimer: all views are my own

The #US is reclaiming its dominance in the #crypto market, driven by regulatory shifts, record-breaking spot #Bitcoin ETFs, and a favorable political climate. This resurgence is marked by increased Bitcoin trading volumes, supportive legislative efforts, and significant price gains, setting the stage for a strong crypto market presence. Read full story: https://lnkd.in/gEUpznRT

Cryptic crypto: Bitcoin is a store of v[complete the word]. Muyao S. writes for Bloomberg: "For a brief moment, everything appeared to be lining up in the right direction for digital-asset proponents. The US approved ETFs for the two largest cryptocurrencies, US presidential candidate Donald Trump shifted to being a supporter and Bitcoin was no longer so closely tied to stock market swings. That was the prevailing narrative until a selloff in the riskier corners of all markets began during Asian trading hours on Monday, serving as a reminder that the volatile nature of digital assets can cut both ways in a year that saw Bitcoin climb to record highs. At one point Bitcoin was down more than 16% on Monday, while second-ranked Ether sank as much as 23% in its steepest decline since 2021." 🤔 And those are "mature" crypto "assets". 🤷♂️ "“Every point of selling off — you know, market sells off 1% — it hurts confidence,” said Rich Rosenblum, co-chief executive officer and co-founder of digital-asset investment firm GSR." 🤔 It does? I'd say that nothing short of Armageddon can hurt confidence among the crypto faithful (and perhaps not even that; I imagine that many are perfectly prepared to have their gravestones proudly engraved "He Hodled"). Don't believe me? Check out this defence of Bitcoin as a store of value on CoinDesk: https://lnkd.in/gzvp9ewe. When the facts don't fit the narrative, change the definition of key words in your narrative. "“I would say for crypto there is even more elasticity to confidence than any other market in the world because Bitcoin is a Veblen good.” Veblen goods are type of luxury item for which demand grows as prices increase." Except is it really? Demand for Veblen goods grow as prices increase because they become even better symbols of status. But proudly declaring yourself the hodler of a stash of crypto simply paints a target on your back for hackers or worse, kidnappers. That doesn't mark out status but stupidity. And for all the scorn we pour on wasteful expenditures by the ultra rich, Veblen goods actually have utility beyond marking status. A Birkin bag actually can serve as a 😱 bag! And whilst you can't legally drive over the speed limit in a super-car in the city, it'll still get you from point A to point B. But Bitcoin's utility is more elusive. We're coming up to its 16th birthday and its raison d'être today remains its original use case: illicit transactions by criminal organisations and rogue states. Hopefully though, this demonstrates that: "Holding Bitcoin as a strategic reserve is a “crackers idea,” said Virginie O’Shea, founder and chief executive of Firebrand Research. “If you want a reserve, you need something that’s relatively stable in unstable markets. Cryptocurrencies are the exact opposite.”" Except of course we know this won't kill the idea because the cryptoverse is where crackers ideas go to be eternally resurrected as the zombie undead. https://lnkd.in/ghHaHd3Y

Bitcoin Undergoes Necessary Correction to Enhance Chart Appeal, Crypto Trader Affirms on TradingView News“`html The cryptic market commentator known as Stockmoney Lizards recently shared insights on Bitcoin‘s performance post-Halving. Their stance remains steadfastly optimistic, despite a period of price stabilization. Event Snapshot: Through a series of informative tweets, Lizards projected confidence in Bitcoin’s future value, suggesting that despite a present downturn – possibly bottoming out near $50,000 – this represents merely a dip within a larger bullish trend. “Whether you label it a triple top or a Wyckoff distribution, Bitcoin is facing a downturn, but… we’re convinced it’s a temporary phase,” Lizards advised, drawing from historical trends seen after past Halving incidents which... https://lnkd.in/dMWC9G_m #Affirms #Appeal #Bitcoin #Chart #Correction #crypto #Enhance #News #trader #TradingView #Undergoes

The crypto landscape is transforming beneath our feet. While a former Goldman exec predicts a staggering 3,900% market surge, Three Arrows Capital's dramatic pivot to memecoins raises eyebrows. Meanwhile, Michael Saylor's regulatory stance sparks fierce debate within the Bitcoin community. But here's what most aren't seeing: the intersection of institutional adoption and psychological trading patterns could redefine digital wealth...

💡𝐁𝐥𝐚𝐜𝐤𝐑𝐨𝐜𝐤 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐬 𝐏𝐫𝐨-𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐏𝐚𝐩𝐞𝐫 𝐭𝐡𝐢𝐬 𝐰𝐞𝐞𝐤! It says that over its 15-year journey, Bitcoin has evolved from obscurity to a major asset which offers unique advantages, making it a compelling addition to investment portfolios. Here are the key takeaways: 🔑 𝐔𝐧𝐜𝐨𝐫𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐀𝐬𝐬𝐞𝐭: Unlike traditional assets, Bitcoin has shown minimal long-term correlation with equities. While it may have short-term volatility, its fundamentals stand strong. 📉 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐃𝐮𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐨𝐜𝐤𝐬: Market sell-offs during ie. the Covid outbreak or the US banking crisis last year, showed Bitcoin’s ability to bounce back, reclaiming losses within short periods. This behavior highlights Bitcoin's growing reputation as a potential "flight to safety" during global disruptions. 🏛️ 𝐀𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐭𝐨 𝐓𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐀𝐬𝐬𝐞𝐭𝐬: Bitcoin’s decentralized and scarce nature makes it distinct from traditional “risky” assets. Its long-term adoption is likely to be driven by concerns over global monetary and geopolitical stability. 💡 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬 𝐟𝐨𝐫 𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨𝐬: When held in modest allocations, Bitcoin acts as a unique diversifier. However, due to its volatility, large positions can increase portfolio risk. Strategic, low-percentage allocations to Bitcoin have historically improved portfolio efficiency. In today’s uncertain global landscape, Bitcoin stands as a potential hedge against fiscal and geopolitical risks. But don’t rush to conclude that BlackRock is on Bitcoin alone. Their view on Ethereum and later other digital assets are likely to follow. BlackRock is more engaged in crypto than most realize, exploring not just Bitcoin, but also DeFi and tokenization. Blackrock is also not only providing crypto investment products but it is also a "customer" (user) of public blockchains (ie. tokenisation of funds). Blackrock's approach mirrors that of a typical investor journey in crypto: starting with Bitcoin, then moving to Ethereum, and finally exploring other Layer 1 blockchains or applications - but the latter will still take some time. 💼 #Bitcoin #Investing #Crypto

The Top 5 #Crypto News Stories for the last 24 hours, as of May 22nd 2024: 👉Standard Chartered Analyst Says, $BTC On Track To Hit New All-Time High By Weekend: the Head of FX Research and Digital Assets Research at Standard Chartered, predicted that Bitcoin could hit a new all-time high by the weekend, surpassing the $73,798 level it reached on March. 👉Is a major rally coming for $DOGE? Key levels that say yes: Crypto Daily Trade Signals, a well-known #crypto analyst, has spotted a symmetrical triangle pattern on the Dogecoin chart. This pattern is often seen as a consolidation phase that precedes a breakout or breakdown in price, indicating that Dogecoin could be on the cusp of continuing its upward trajectory. 👉 Trump Campaign Now Accepts Bitcoin, Dogecoin for Donations: Donald Trump’s presidential campaign launched a fundraising page allowing federally permissible donors to contribute using cryptocurrency via Coinbase Commerce. 👉 Altcoins ‘Maniac Phase’ Preparing, Analysts Call For Next Leg Up: Experts and market watchers have reassured investors that the price corrections were part of the cycle, predicting that the bullish rally would resume after the cool-off. Now, analysts consider that altcoins are about to embark on a “massive leg higher” for the alt season. 👉 VanEck's Ethereum spot ETF listed on DTCC under ticker $ETHV: VanEck’s proposed spot Ethereum ETF has appeared on the Depository Trust and Clearing Corporation’s (DTCC) new securities list with the ticker $ETHV. This development comes shortly after Cboe released amended 19b-4 forms.