#Bitcoin could hit $40k, anticipating a correction before a Continuation. With the #BitcoinETF approval on the horizon, are we seeing a classic case of 'buy the rumors, sell the news'?
Current #Bitcoin price $44K with 2 open CME gaps at $40K and $21K! Traders eyeing these gaps for potential price targets. Will history repeat itself with a fill or are we in for a new narrative? 🤔
7 weeks of bullish weekly candles! 🕯 Momentum has been strong, but is it time for a correction?
📉 My analysis indicates a potential pullback and a final accumulation phase before the next bull market surge.
#Bitcoin#Crypto
Great news! #Crypto crime dropped by 65% - Chainalysis. Illicit crypto inflows decreased, but ransomware attacks are rising.
Attackers could extort $898.6M in 2023.
Let's stay vigilant for a safer crypto ecosystem!
#CryptoNews#Bitcoin#Blockchain
Brazilian #CBDC pilot source code includes methods to freeze, drain wallets
Brazil's CBDC pilot includes functions to freeze and unfreeze wallets, as well as functions to move, mint, and burn funds.
#Bitcoin#Brazil#cryptocurrency#Crypto
Standard Chartered and Matrixport foresee #BTC reaching $120k next year. Miners' profitability & reduced selling pressure could drive prices higher. Institutional interest and positive market sentiments also contribute to the bullish outlook.
#Bitcoin#CryptoNews#PricePrediction
Multiple senior executives at #Binance resign amid ongoing regulatory challenges
At least three executives from the company's legal and compliance teams are set to depart.
#bitcoin#Crypto#CryptoNews
Institutional investors show strong interest in #Bitcoin as inflows reach $310.6M in the past two weeks, representing 98% of all #Crypto product inflows. #Ethereum also sees positive trend with $2.7M inflows. The surge linked to #BlackRock's Bitcoin ETF application.
#HongKong considering its own stablecoin, HKDG, to compete with #USDT and #USDC. Benefits include lower costs, improved payments, and stronger fintech capabilities. Could boost de-dollarization and #Crypto industry presence.
#Stablecoin#Bitcoin#Blockchain
3-However, P2P is the only mean of buying Assets or #Stable coins in India, without having to pay any fee or commission. As indian exchanges are not able to get banking services for deposits&Withdrawal.
What r ur thoughts?
#Belarus plans to ban peer-to-peer #Crypto transactions to combat crime. Fraudsters are exploiting P2P services for illegal activities. The Ministry of Internal Affairs aims to restrict #P2P services and limit transactions to registered exchanges.
#bitcoin
Thread👇
2-What if this law gets implemented in India as well?
We already know about the evolving P2P crisis in India.
Where lot of illegal Activists are involved.
Causing people's bank account to freeze.
This implemention in India would have a deep impact on the Crypto Industry in India.