bavarian (@bavarian) • Hey

Publications

Bitcoin Is In a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said. BTC has been sliding since reaching an all-time high in March. Friday's quick tumble showed less interest from dip buyers, suggesting that a bottom might be near, Santiment said. The lull could continue into early summer, setting up a very bullish second half of the year, Bitfinex analysts said. Crypto markets are stuck in a lull with digital assets consolidating for the last few weeks, testing investors conviction whether the bull market will resume. https://www.coindesk.com/markets/2024/05/10/bitcoin-is-in-a-bore-you-to-death-phase-but-bottom-could-be-close-analysts-say/?_gl=1*fhx710*_up*MQ..*_ga*MTEzODUzODk5Mi4xNzE1NTc5Mjc3*_ga_VM3STRYVN8*MTcxNTU3OTI3OC4xLjAuMTcxNTU3OTI3OC4wLjAuMjEyMjg2NDU4Mw..
We probably gave in to greed at some point 😅
𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗣𝗹𝘂𝗻𝗴𝗲𝘀 𝘁𝗼 $ 6⃣6⃣𝗞, 𝗔𝗹𝘁𝗰𝗼𝗶𝗻𝘀 𝗧𝘂𝗺𝗯𝗹𝗲 1⃣0⃣-1⃣5⃣% 𝗼𝗻 𝗨𝗴𝗹𝘆 𝗗𝗮𝘆 𝗳𝗼𝗿 𝗥𝗶𝘀𝗸 𝗔𝘀𝘀𝗲𝘁𝘀 Looking beyond today's decline, investors may expect continued market weakness due to the tax season, Ryze Labs said in a report. Cryptocurrencies tumbled Friday as risk-off sentiment in traditional markets amid flared-up geopolitical risks spread over to digital assets. In fast downward afternoon action during U.S. trading, bitcoin (BTC) plunged below $ 66,000 after having challenged the $ 71,000 level just hours earlier. At press time, bitcoin had bounced back to $ 66,700, down more than 5% over the past 24 hours. Ether (ETH), the second-largest cryptocurrency by market cap, fell as much as 12% to $ 3,100 before a modest bounce cut the decline to 8%. Smaller cryptos suffered even heavier losses in the panicky action. The broad-market CoinDesk 20 Index (CD20) dropped nearly 10%, with Cardano's ADA, Avalanche's AVAX, bitcoin cash (BCH), filecoin (FIL) and aptos (APT) plummeting 15-20%. https://www.coindesk.com/markets/2024/04/12/bitcoin-plunges-to-66k-altcoins-tumble-10-15-on-ugly-day-for-risk-assets/
"If your secret is with me, come and buy me food" can't be carrying your secret with an empty stomach. 😂
𝗕𝗶𝘁𝗰𝗼𝗶𝗻’𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝗽 𝗝𝘂𝗺𝗽𝘀 𝘁𝗼 $ 1⃣.4⃣𝗧, 𝗦𝘂𝗿𝗽𝗮𝘀𝘀𝗶𝗻𝗴 𝗦𝗶𝗹𝘃𝗲𝗿 Bitcoin jumped to a record high on Monday, fuelled by continued positive momentum of the spot ETFs. Bitcoin continues to rise in the ranks of top assets by market cap, pushing past silver to become the world's eighth most valuable property. With a 4% advance to an all-time high past $ 72,000 in the morning hours of U.S. trading, bitcoin's (BTC) valuation shot to $ 1.42T, above that of sliver at $ 1.387T, according to CompaniesMarketCap. Earlier in this historic bull run, bitcoin pushed ahead of the market cap of Meta (formerly known as Facebook), which now stands at $ 1.2 trillion. Next up in bitcoin's sight is the globe's seventh most valuable asset, Google parent Alphabet, whose current valuation is just shy of $ 1.7 trillion. Some bitcoin bulls have their sights set on the world's most valuable property – gold and its $ 14.7 trillion market cap. To get there, bitcoin would have to rise more than 10-fold, or past $ 720,000 per token. https://www.coindesk.com/markets/2024/03/11/bitcoins-market-cap-jumps-to-14t-surpassing-silver/
✅⛔Paid Alpha⛔✅ Social gaming ecosystem Register here: turnup.so/@lewisfav0r Are you ready to #TURNUP? #SocialGaming http://turnup.so/@lewisfav0r
Lol
https://airdrop.gomble.io/airdrop Use Codes uLYOB3 XaOwV0 GOMBLE Quiz Answer Q1. GOMBLE shows expertise in which area? Ans- developing fun games Q2. Which of the following is the key Gaming Experience component GOMBLE considers in crafting the platform? Ans - all of the above Q3. GOMBLE’s Gaming Experience maximizes the fun of games for which of the following purpose? Ans - encourage gamer engagement Q4. Which of the following is the core of GOMBLE’s mission statement? Ans - making fun games ecosystem https://airdrop.gomble.io/airdrop
Expecting my new baby soon😍❤️
Happy New Month $Frens and my Favorite Phaver community ,💕❤️🚀 January came with a lot of goodies, and i believe February will obey too💹🤑✅💕❤️🚀😍🍻
Over protocol answer for the day, hope you guys are not fading this too?
Something is cooking 🔥 #Nfts #crypto #Gems
𝗕𝗧𝗖 𝗧𝘂𝗺𝗯𝗹𝗲𝘀 𝗕𝗲𝗹𝗼𝘄 $ 4⃣2⃣𝗞, 𝗖𝗼𝗶𝗻𝗯𝗮𝘀𝗲 𝗮𝗻𝗱 𝗠𝗶𝗻𝗲𝗿𝘀 𝗣𝗹𝘂𝗻𝗴𝗲 𝗮𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙 𝗠𝗮𝗻𝗶𝗮 𝗕𝗲𝗰𝗼𝗺𝗲𝘀 '𝗦𝗲𝗹𝗹 𝘁𝗵𝗲 𝗡𝗲𝘄𝘀' 𝗥𝗼𝘂𝘁 Bitcoin tumbled below $ 42,000 in a Friday sell-off with cryptocurrency-focused stocks plummeting as Thursday's bitcoin ETF euphoria turned into a market rout. The $ 42,000 level is a significant support where prices may bounce from with potential buyers stepping in, crypto research firm Swissblock said. Spot Bitcoin ETF 101: What Is It and Why Should You Care? Bitcoin (BTC) dropped below $ 42,000 on Friday, plunging almost 10%, as the euphoria over the bitcoin ETFs approved this week gave way to a massive rout. Bitcoin had been as high as $ 46,000 earlier Friday and surged to a two-year high of $ 49,000 on Thursday, when bitcoin ETFs began trading in the U.S. But the heady prices didn't last long. Shares of Coinbase (COIN), the crypto exchange that provides vital custody services to most of the ETF issuers, lost 7.4% on Friday. Bitcoin miners Marathon Digital (MARA), Hut 8 (HUT) and Riot Platforms (RIOT) all sank at least 10%; Marathon fared worst, slumping 15%. https://www.coindesk.com/markets/2024/01/12/btc-tumbles-below-44k-bitcoin-miners-drop-10-boosting-etf-sell-the-news-calls/
Happy New Year frens 2024 💕😍❤️💜
META LEGENDS will print? Or not??
Good morning @phaver and @frens, I'm Lewis and I'm happy to be a member of this big family 😍💜 Let's talk about the power of supporting our local small businesses.🌱When we choose to buy from them, we're not just making a purchase; we're investing in our community's growth. These businesses offer unique products, and give personalized service. They're the heartbeat of our neighborhood, fostering innovation, preserving culture, and giving back to our community. So, let's rally together and support them @frens , knowing that every choice we make helps build a stronger, more vibrant local economy for us all.💎 What's more, These businesses are agile, flexible, and quick to adapt, fostering an environment where creativity flourishes.💡💹 So @lens/phaver and @frens I hope with this we will be encourage to support those small businesses around us next time we walk pass them?🙂 #supportsmallbusiness #phaver #frens #family #growth #love ❤️💜💙
ʙʟᴀᴄᴋʀᴏᴄᴋ, ɴᴀsᴅᴀϙ, sᴇᴄ ᴍᴇᴛ ʀᴇɢᴀʀᴅɪɴɢ ʙɪᴛᴄᴏɪɴ ᴇᴛғ This is the second meeting in a month between the parties about rule changes required to list the bitcoin ETF. Representatives from BlackRock (BLK), Nasdaq, and the Securities and Exchange Commission (SEC) met for the second time in a month to discuss rule changes that are necessary to list the bitcoin (BTC) exchange-traded fund (ETF), according to a published memo. “The discussion concerned The NASDAQ Stock Market LLC’s proposed rule change to list and trade shares of the iShares Bitcoin Trust under Nasdaq Rule 5711(d),” the memo reads. Nasdaq Rule 5711(d) establishes specific criteria and regulatory guidelines for the listing and trading of Commodity-Based Trust Shares on the Nasdaq Exchange, and detailing the requirements for initial and continued listing, along with surveillance and compliance measures to ensure market integrity and protection against fraudulent activities. https://www.coindesk.com/markets/2023/12/20/blackrock-nasdaq-sec-met-regarding-bitcoin-etf/
ʙʟᴀᴄᴋʀᴏᴄᴋ, ɴᴀsᴅᴀϙ, sᴇᴄ ᴍᴇᴛ ʀᴇɢᴀʀᴅɪɴɢ ʙɪᴛᴄᴏɪɴ ᴇᴛғ This is the second meeting in a month between the parties about rule changes required to list the bitcoin ETF. Representatives from BlackRock (BLK), Nasdaq, and the Securities and Exchange Commission (SEC) met for the second time in a month to discuss rule changes that are necessary to list the bitcoin (BTC) exchange-traded fund (ETF), according to a published memo. “The discussion concerned The NASDAQ Stock Market LLC’s proposed rule change to list and trade shares of the iShares Bitcoin Trust under Nasdaq Rule 5711(d),” the memo reads. Nasdaq Rule 5711(d) establishes specific criteria and regulatory guidelines for the listing and trading of Commodity-Based Trust Shares on the Nasdaq Exchange, and detailing the requirements for initial and continued listing, along with surveillance and compliance measures to ensure market integrity and protection against fraudulent activities. https://www.coindesk.com/markets/2023/12/20/blackrock-nasdaq-sec-met-regarding-bitcoin-etf/
𝗪𝗶𝗹𝗹 𝘁𝗵𝗲𝗿𝗲 𝗯𝗲 𝗮𝗻𝘆𝗼𝗻𝗲 𝗳𝗼𝗼𝘁𝗯𝗮𝗹𝗹𝗲𝗿 𝗹𝗶𝗸𝗲 𝗵𝗶𝗺? If you know anyone drop their names in the comment section
𝐆𝐫𝐚𝐲𝐬𝐜𝐚𝐥𝐞 𝐂𝐨𝐮𝐫𝐭 𝐕𝐢𝐜𝐭𝐨𝐫𝐲 𝐎𝐯𝐞𝐫 𝐒𝐄𝐂 𝐢𝐧 𝐒𝐩𝐨𝐭 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐄𝐓𝐅 𝐂𝐚𝐬𝐞 𝐌𝐚𝐝𝐞 𝐅𝐢𝐧𝐚𝐥 The D.C. Circuit Court of Appeals closed the books on a dispute between the U.S. Securities and Exchange Commission (SEC) and Grayscale, with a final ruling that effectively orders the agency to scrap its rejection of the asset manager's spot bitcoin ETF application. This formal closure of the case on Monday essentially solidifies the court's initial ruling two months ago that the SEC was "arbitrary and capricious" in its decision to reject Grayscale's attempt to convert its roughly $17 billion Grayscale Bitcoin Trust (GBTC) into a spot ETF. The SEC chose not to appeal that ruling, making today's action a formality. The ball now returns to the SEC's court, where the agency could choose to approve Grayscale's application or perhaps reject it on other grounds. The SEC is also in the process of making decisions on numerous other spot bitcoin ETF applications, including those from asset management giants BlackRock, Fidelity and Franklin Templeton. "The Grayscale team looks forward to continuing to work constructively with the SEC to convert GBTC to an ETF," spokeswoman Jennifer Rosenthal said in a statement after Monday's conclusion of the case. "GBTC is operationally ready, and we intend to move as expeditiously as possible on behalf of our investors." https://www.coindesk.com/policy/2023/10/23/grayscale-court-victory-over-sec-in-spot-bitcoin-etf-case-made-final/
Wise Watcher NFT #nft #p2E
𝗛𝗼𝘄 𝗕𝗵𝘂𝘁𝗮𝗻 𝗕𝗲𝗰𝗮𝗺𝗲 𝗮 𝗖𝗮𝗿𝗯𝗼𝗻-𝗡𝗲𝘂𝘁𝗿𝗮𝗹 𝗛𝘂𝗯 𝗙𝗼𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝗶𝗻𝗶𝗻𝗴 Bitdeer’s new 100 MW facility is the first phase of the company's Bhutan project for the small, mountainous nation. The Kingdom of Bhutan, nestled in the foothills of the Himalayas, recently became home to a massive new 100 MW crypto mining data center. And yet few know about it. Indeed, many of us know little about this mysterious Himalayan Kingdom. Bhutan might not seem like an ideal place for a crypto mining data center. It has a lot of mountainous terrain, when data centers normally lay on flatter ground. For why Bhutan is now home for a massive crypto mining center, we must go back to 2005. That year, the government launched several long-term initiatives to digitize communities and public institutions. Once it became more connected to the outside world, the country (population: 777,000) began leaning more into its natural features, with the aim of attracting new businesses such as cryptocurrency mining. It’s one of only a few nations considered to be carbon-negative, meaning its atmosphere absorbs more carbon dioxide than it prouduces (lush, green forests cover 70% of its territory). Hydroelectric power is also plentiful. Singapore-based mining company, Bitdeer (BTDR), saw the potential: in May 2023, the company announced a partnership with Druk Holding & Investments (DHI), the Kingdom's sovereign wealth fund, to launch a $500 million closed-end fund. The fund will be used to build mining facilities powered entirely by carbon-free hydropower. The first phase of the project- Gedu data center, with a total aggregate electrical capacity of 100 MW, has been operational since August 2023. https://www.coindesk.com/sponsored-content/how-bhutan-became-a-carbon-neutral-hub-for-crypto-mining/
𝗔 𝗪𝗶𝗹𝗱 𝗙𝗲𝘄 𝗠𝗶𝗻𝘂𝘁𝗲𝘀 𝗗𝗿𝗶𝘃𝗲 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗔𝗯𝗼𝘃𝗲 $3⃣5⃣,0⃣0⃣0⃣ 𝗮𝘀 𝗘𝗧𝗙 𝗘𝘅𝗰𝗶𝘁𝗲𝗺𝗲𝗻𝘁 𝗦𝘁𝗮𝗿𝘁𝘀 𝘁𝗼 𝗧𝗵𝗮𝘄 𝘁𝗵𝗲 𝗖𝗿𝘆𝗽𝘁𝗼 𝗪𝗶𝗻𝘁𝗲𝗿 BTC hasn't seen these lofty levels since May 2022, when the cryptocurrency industry was just starting to get pummeled by scandals. It was exciting enough for crypto observers when bitcoin (BTC) topped $31,000 on Monday. And then its price went straight up. Late in the day, bitcoin took out $32,000, then $33,000, then $34,000 and finally $35,000 in just a few minutes. Perpetual contracts listed on Binance's exchange almost topped $36,000. The original cryptocurrency was back at levels last seen in May 2022, before the Terra-Luna, Three Arrows Capital, Genesis and FTX debacles turned the mood so sour that BTC approached $15,000 and the very survival of the industry was, to some, called into question. https://www.coindesk.com/markets/2023/10/24/a-wild-few-minutes-drives-bitcoin-above-35000-as-etf-excitement-starts-to-thaw-the-crypto-winter/
🔳 Smart Layer New Quest, reveal your Rarity and mint your smart Cat https://www.smartlayer.network/smartcat
Lens profile successfully bagged! Thanks to everyone and phaver 💜 Let's keep growing together ❤️💜💯😍
Hey 🤭 my butterflies, I really like this new name ✨ Even though in my heart, it will always be Lenster because it's a wonderful name that reminds me of the wonderful day of its discovery 🫶🏻🎀✨ Here is my drawing, "The Pink Hugging Teddy Bear." Sometimes, we all need a comforting hug 🥺, don't we? And what could be better than a tender teddy bear to listen to us attentively ❤️ and comfort us in those moments? Let's not forget that even when the days are dark, there is always someone or something that can bring a little light into our lives. 🌟✨ So, let's take the time to surround ourselves with warmth and love, whether it's through the presence of a friend, a loved one, or a soft plush teddy bear. 🐻💕 ———————🎀————————- 🧸✨Collect this artwork to always have a teddy bear with whom to share Virtual hugs 🧸✨ 🧸5 Wmatic 🫶🏻 🧸10 editions 🫶🏻
Hey 🤭 my butterflies, I really like this new name ✨ Even though in my heart, it will always be Lenster because it's a wonderful name that reminds me of the wonderful day of its discovery 🫶🏻🎀✨ Here is my drawing, "The Pink Hugging Teddy Bear." Sometimes, we all need a comforting hug 🥺, don't we? And what could be better than a tender teddy bear to listen to us attentively ❤️ and comfort us in those moments? Let's not forget that even when the days are dark, there is always someone or something that can bring a little light into our lives. 🌟✨ So, let's take the time to surround ourselves with warmth and love, whether it's through the presence of a friend, a loved one, or a soft plush teddy bear. 🐻💕 ———————🎀————————- 🧸✨Collect this artwork to always have a teddy bear with whom to share Virtual hugs 🧸✨ 🧸5 Wmatic 🫶🏻 🧸10 editions 🫶🏻