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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
💰 GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days
According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s reserves.
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Top 5 Daily Gainers & Losers
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🇸🇻 El Salvador's President Nayib Bukele says the 1 💰 Bitcoin a day program will continue until Bitcoin becomes unaffordable with fiat currencies
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💰 Bitcoin Hashrate reached a new ALL TIME HIGH of 636,000,000,000,000,000,000 hashes/s this week
Miners won't and can't stop bringing hash online ahead of the halving!
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Top 5 Daily Gainers & Losers
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💰 Nearly $700 Million Liquidated as Bitcoin (BTC) Price Slumps to $67K
After a few consecutive days of charting impressive gains and recording new ATHs, Bitcoin’s price has finally retraced in a violent fashion to a weekly low of $67,000. CryptoPotato reported BTC’s recent ascent that drove the asset from $61,000 to over $73,000 within ten days or so. The latest record came yesterday when the primary cryptocurrency neared $74,000 for the first time ever.
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💰 Rapper Drake posted a Michael Saylor Bitcoin video to his 146 million Instagram followers
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💰 VanEck eliminates the fee on their Bitcoin ETF yesterday and sees 20X their average inflows 📈
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💰 Michael Saylor says Bitcoin is going to "eat" gold and has all the great attributes of gold.
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Top 5 Daily Gainers & Losers
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🌐 Join the Top Telegram Crypto News Channel: Cryptocurrency ↪ Inside! 🌐
Discover the latest in crypto:
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👥 Join Our Active Community: Engage with fellow crypto enthusiasts.
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💰 Rogue trader crashes Bitcoin to $8900 on BitMEX in massive sell-off event
BitMEX is investigating an unusual activity involving “a user selling large orders” on its Bitcoin spot market. Yesterday, several market observers identified a rogue seller who unloaded more than 400 BTC on the BitMEX exchange. This action resulted in the flagship digital asset crashing by 87% to as low as $8900 on the platform yesterday before correcting to the actual price.
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💰 "With every halving, the American Dream is getting cheaper in terms of Bitcoin. Bitcoin is giving a lot of young people hope."
- Natalie Brunell
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🇸🇻 El Salvador’s 💰 Bitcoin HODL Strategy Pays Off as Nation Sees 55% Profit
El Salvador, the pioneering country that approved Bitcoin as legal tender, has consistently adhered to its HODL strategy, even amidst the market crash from two years ago and the massive rise toward new ATH this week. According to its Bitcoin tracker, El Salvador has 2,864 BTC, whose current value is $188 million, acquired across 12 transactions at an average price of $42,630 each. Based on today’s market, Bitcoin has seen a 176% increase over the past year, pushing El Salvador’s unrealized gains to $66 million.
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💰 It took 4 years for MicroStrategy to buy 205,000 Bitcoin
📈 It took just a few months for BlackRock to buy 223,645 Bitcoin for its spot Bitcoin ETF
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💰 “They have more to fear by not embracing #Bitcoin than by embracing it.” - Saylor
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🇹🇭 Thai Rule Change Allows Asset Management Funds to Invest in 💰 Bitcoin ETFs
Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by U.S. regulators has opened opportunities for Thai asset management firms to gain exposure to the premier crypto asset.
Source
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💰 Lyn Alden interview on FOX as #bitcoin passes $72,000 🙌
“When the public debt is so high relative to the size of the economy like it is right now, the higher interest rate also blows out the deficit significantly.”
- Lyn Alden
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Top 5 Daily Gainers & Losers
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💰 Bitcoin is the result of over 40 YEARS of WORK. Thinking it is just "the first iteration of crypto" only shows ignorance ⚡️
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Top 5 Daily Gainers & Losers
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🚀Top 10 Trending Coins Last 7 Days 🚀
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JUST IN: 🇺🇸 President Donald Trump says 💰 Bitcoin is an "additional form of currency" with a lot of use.
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🟠 Binance exit sparks fears and opportunities in Nigeria’s crypto community
According to local crypto stakeholder Nathaniel Luz, Nigeria’s crypto ecosystem will see the rise of new crypto exchanges that will fill the vacuum created by Binance’s exit. In separate interviews with Cointelegraph, local crypto stakeholders said the delisting of Nigerian naira-related services from Binance will lead to the rise of new crypto exchanges, which will fill the vacuum created by Binance’s exit by complying with local regulations.
Source
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#Market Update:
BTC is currently above 69k level which is a bullish sign for the further bullish momentum BTC needs a weekly closure above it
The Next week Major events :
-US CPI tomorrow
-US PPI and Retail sales day after tomorrow
As we have a weekly closure tonight and major events coming so volatility is expected trade cautiously and must use Sl.
@ChartsSignalsTrading