WY50M (@graphix) • Hey

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CARV 👀 CARV Raises $ 10M 💰Series A to Build the Largest Modular Data Layer for Gaming and AI CARV, the largest modular data layer for gaming and AI, today announced a $ 10M Series A on the heels of its recent strategic funding round. With this new backing from industry leaders, CARV will double down on building the largest modular data layer for gaming and AI, maximizing data innovation while ensuring individuals can share the value created in a user-owned internet. The Series A was led by Tribe Capital and IOSG Ventures, with participation from key investors such as Consensys (developer of MetaMask and Linea), OKX Ventures, Fenbushi Capital, No Limit Holdings, Draper Dragon, Arweave, LiquidX, MARBLEX (the web3 arm of Netmarble), and more. This adds to the notable investors already on CARV’s cap table, including HashKey Capital, Infinity Ventures Crypto, and Temasek Holding’s subsidiary, Vertex Ventures. "The backing from these top investors underscores their confidence in our mission to reshape data ownership and value distribution," said Victor Yu, CARV co-founder. "For too long, users’ data has fueled economic growth without them sharing the value created. The AI boom has increased demand for high-quality data for model training, but brands face challenges targeting users and ethically sourcing data amid tightening regulations. CARV empowers users to own, contribute, and monetize their data, capturing opportunities from the adtech reshuffling and AI revolution by putting them back in control." https://finance.yahoo.com/news/carv-raises-10m-series-build-130000229.html more information 👇 https://protocol.carv.io
💥 8M Phaver points 🙋Thanks to all the supporters. Thank you @lens/phaver
I have started a great giveaway for you below to win Phaver Genesis NFT (x4) 🎁 https://twitter.com/HeathleyETH/status/1776259504780227010?s=46
Bitfinex is investigating issues with platform reduced performances and have temporarily halted trading. Maintenance is nearing a successful completion and the Bitfinex platform will be returning in view-only mode with the option to cancel orders at 2:40 AM UTC, before trading opens at 2:45 AM UTC. https://twitter.com/bitfinex/status/1773901806583603202?s=46&t=1Cu5A_OpPATuclDg6W9hzQ
50mn USD by 40
💥And let's remind you about zkcosmo💥 https://zk-cosmo.nfts2.me/ https://zk-cosmo.nfts2.me/
⭐️Aleo: The form for the ambassador They have published a form with a limit of 1000 fillings. You will also need to add a resume. ▪️Link to the form 👉 https://aleohq.typeform.com/to/xz5nXI7e ▪️Secret word: Alex The list of new ambassadors will be announced in April. 🤑Investments - $ 298 million 🐦TwitterScore 148
South Korean game publisher Nexon Group announced its partnership with Ava Labs on Monday to launch its 2D mass multiplayer online role-playing game MapleStory on the Avalanche. MapleStory, which launched in 2003, had over 180 million users worldwide in its 20-year history. https://www.theblock.co/post/281554/maplestory-moves-web3-with-avalanche
Digital asset investment products saw record weekly inflows totalling US$ 2.7bn, bringing total inflow year-to-date to US$ 10.3bn. Weekly trading turnover reached US$ 43bn for the week, smashing last week’s record US$ 30bn. BlackRock Bitcoin ETF’s weekly and monthly inflows have surpassed Grayscale’s weekly and monthly outflows. https://blog.coinshares.com/volume-173-digital-asset-fund-flows-weekly-report-d3b5fd18d417
😀Don't miss today's Video 🎉It's about @Blast_L2 mega grind 👇In vdo ✅Bridge ✅8 dapp interaction ✅7 Airdrop farming ✅Blast Gold earning ✅All with live demo 🥷All this with my Ninja trick to farm with same capital 🌪️Spiral of same capital 1💰 = 7🪂 🤔Ready? 💙Like 🔁RT https://twitter.com/CryptoTeluguO/status/1765026265554182649?t=doupLrijOJ0Lzj2KJPwxaA&s=19
🪂zkSync 26April 🤔 @zksync giving us some hint? 🗣️Zk is the Endgame 🤔Is this the hint related to #Airdrop date? 📆Avengers Endgame released- 26April 📆 @gluk64 mentioned Decentralization in year's time(last March) 😀Everything pointing $ZKS in April 😉Agreed? 💙Like 🔁RT https://twitter.com/CryptoTeluguO/status/1764992681774883173?t=LnRVmJ5WkJYS71BxstftaQ&s=19
Greekslive: BTC Block put options volume skyrocketed today, with a notional value of over $ 500 million. One was a bear spread consisting of 55,000Put/50,000Put, and the other was orders below $ 45,000 to liquidate put option positions. Today's Block is all about shifting positions, updating previously protected options to higher priced protected puts. https://twitter.com/GreeksLive/status/1763563156876734861?s=46&t=1Cu5A_OpPATuclDg6W9hzQ
Binance data shows that the price of Bitcoin has exceeded 60,000 US dollars, reaching a maximum of 60,800 US dollars, with a 24-hour increase of 6.4%, and the China fiat RMB denominated price has reached a historical high. https://www.binance.com/en-GB/trade/BTC_USDT
The Ethereum Foundation announced that the first round of ZK funding is now open. The Ethereum Foundation is partnering with Aztec, Polygon, Scroll, Taiko, and zkSync to contribute $ 150,000 each to the shared prize pool, for a total of $ 900,000. Application deadline is March 18, 2024. https://twitter.com/ethereum/status/1760378315141939674?s=46&t=1Cu5A_OpPATuclDg6W9hzQ
🚨 Incentivized Pools Update 🚨 A new UI update now displays all incentivized pools separately for user ease. USDC/USDT - ETH/USDC - STRK/ETH - STRK/USDC If the ⚡️ is on..... your earning $STRK
Trendrng🔥
📊 DeFi TVL
MicroStrategy founder Michael Saylor said he does not plan to sell any Bitcoin held by MicroStrategy in the short term, because ETFs have hundreds of millions of dollars of capital flowing into digital systems from the traditional ecosystem every day, and Bitcoin is more valuable than gold, real estate, and the S&P Index. https://www.coindesk.com/business/2024/02/20/michael-saylor-on-exiting-bitcoin-bitcoin-is-the-exit-strategy/
Vitalik said that he is very much looking forward to Verkle Trees, which can allow staking nodes to run with almost no hard disk space and can be synchronized almost instantly, improving the user experience of individual staking. He also expressed his excitement about AI-assisted finding vulnerabilities, Ethereum’s biggest technical risk may be vulnerabilities in the code. https://twitter.com/VitalikButerin/status/1759365739671412841?s=46&t=1Cu5A_OpPATuclDg6W9hzQ
Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches The volume of daily transactions on the Bitcoin network has seen a significant decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to below 300,000 transactions per day. This downturn is in sync with a decrease in the daily creation of Ordinal inscriptions, overall easing congestion and reducing onchain fees. Network Activity Slows on Bitcoin as Ordinal Inscriptions Dip Data from Feb. 17, 2024, indicates that bitcoin miners processed 327,713 transactions over a 24-hour timeframe. The month of February has experienced a noticeable dip in daily transaction activity, a stark contrast to the 636,523 transfers recorded on Jan. 28. From that point, a gradual decrease in transaction volume has been observed, reaching a monthly low of 278,098 transactions on Feb. 6. This decline mirrors the reduced activity in Ordinal transactions throughout the month. Following Feb. 3, which witnessed the creation of just over 300,000 inscriptions in a single day, there has been a noticeable downturn in the number of inscriptions since. Just three days later, the count plummeted to a mere 35,814 inscriptions for the day. This reduction in inscriptions has led to fewer transactions, diminishing the fees miners once enjoyed in December 2023 and January 2024, thanks to the associated surge in demand for block space. This month, miners have seen some relief in mempool congestion, with unconfirmed transactions dropping from over 200,000 before Feb. 9 to a current figure of 139,625. As a result of the lessened activity, the average transaction fee has seen a significant decrease from the Feb. 3 high of $ 14.81 to now just $ 4.56 per transaction or 27 satoshis per virtual byte. The median BTC transaction fee has also declined, moving from $ 4.16 per transaction to today’s rate of $ 1.75 or 10.4 satoshis per virtual byte. Despite the downturn, miners have still managed to collect over $ 816 million this month, with more than $ 47 million coming from onchain transaction fees. Additionally, the hash price, which estimates the daily value of one petahash per second (PH/s) of hashing power, has decreased from a Feb. 14 peak of $ 92 to the current $ 82 per PH/s. This shift in Bitcoin’s transaction landscape, characterized by a notable decrease in daily activity and fees, signals a potential recalibration within the network’s economy. As miners adjust to the new norm of lower earnings and users benefit from reduced fees, the ecosystem might be entering a phase of stabilization. With fewer than 9,000 blocks remaining until Bitcoin’s fourth halving event, the rise in Ordinal inscriptions, heightened demand for block space, and increased fees have become key factors in sustaining bitcoin miners going forward. This support may be crucial as they face the prospect of their revenues being slashed by half in April.
What will the Marketcap and the price of $STRK will be？斯塔克的流通市值会到多少？价格大概是多少？可以看看杀破狼大佬的图表分析对比。
🪂That's my $ZETA Airdrop
💥Let’s remind you about Mode - new L2 on Optimism Superchain💥 ✨The project immediately announced the details of the future airdrop: 💰 550,000,000 MODE (5.5% of total supply) for the first campaign, rewarding users who actively contribute to growing the network. ✨Mode create a rewards system that's both transparent and fair. Your past activity on chains like Ethereum, bridging to Mode, referrals, and app usage within Mode ecosystem are all valued and rewarded✨ ✅ Restricted access by the invite code⬇️ https://ref.mode.network/HVyTIB
elixir: Bluefin has doubled their orderbook liquidity after natively integrating Elixir less than 24h ago
QCP: BTC has broken above the 50k level again after more than 2 years. This has been on the back of impressive inflows from the BTC spot ETFs of about $ 500-650m a day, which works out to 10-13k BTC bought daily. We expect these inflows to continue as global liquidity rotates into the spot ETFs, with the likes of Fidelity announcing a 1-3% cryptocurrency allocation in their All-in-One conservative ETF. https://t.me/QCPbroadcast/1134
We'll technically he's right
🚀 $ZETA ATH 😀51% voted to sell, but I kept holding 🎉 My $ZETA Airdrop value is now approximately 💰$ 44,000 🎁Community share 5625 tokens worth 💰$ 13,200 🙌Thank you @zetablockchain 😁Kindly check my DM & help me with my ref wallet details 🤔R u holding? 💙Like 🔁RT https://twitter.com/CryptoTeluguO/status/1757262216355512632?t=8yy7zOdCiWmdwdFVYrknvw&s=19
According to Arkham, at 22:23 UTC+8 on February 13, Grayscale transferred 878.2 BTC to the address of Coinbase Prime Deposit, worth approximately US$ 43 million; it transferred 1,551.8 BTC to a new address, which is suspected to be Grayscale's new custody address. https://platform.arkhamintelligence.com/explorer/entity/grayscale
AAVE V3, one of the foundational pillars of Ethereum's DeFi ecosystem, is now LIVE on Scroll Mainnet.
According to SoSoValue, the Bitcoin spot ETF saw a net inflow of US$ 541 million on February 9, setting a record high in net inflows excluding the first trading day, and has achieved net inflows for eleven consecutive trading days. Grayscale ETF GBTC had a single-day net outflow of US$ 51.81 million, setting a record low for Grayscale GBTC’s single-day net outflow. https://alpha.sosovalue.xyz/
According to Coingecko, in the last 24 hours, the ERC-404 sector has seen a significant decline, with the overall market capitalization falling by 29%. Key targets such as PANDORA dropped over 15%, DEFROGS dropped over 22%, RUG dropped over 38%, etc. ERC-404 is an experimental standard on Ethereum that mixes ERC-20 and ERC-721, and it is not yet part of the final Ethereum Improvement Proposals (EIP) standard category. https://www.coingecko.com/en/categories/erc-404
Time Has Run Out’: Crypto Analyst Says Bitcoin Moving Into Rally Phase – Here’s What He MeansA closely followed crypto analyst says that Bitcoin (BTC) has now moved into bullish territory as the halving approaches. Pseudonymous analyst Rekt Capital tells his 397,000 followers on the social media platform X that Bitcoin has entered a “pre-halving rally phase.” According to the trader, Bitcoin’s bull markets can be broken up into three main chapters: the pre-halving rally, the post-halving resistance and the post-halving parabola. He says BTC has officially kicked off the first phase. “Time has run out. Bitcoin has already transitioned into the pre-halving rally phase Rekt also takes a look at the Pi Cycle Top indicator, which focuses on a 111-day moving average (DMA) and a multiple of the 350-day moving average. According to the analyst, the indicator’s 111 DMA, which acts as support in bull runs, is hinting that a market cycle top is coming around October of this year. However, he notes that a market top could come at a later date if BTC corrects before the April halving, when miners’ rewards are cut in half. “When it comes to the orange moving average, it holds as a support. Same thing in the halving year of 2020, and we’re now in the halving year as well, 2024, and just look what’s going on with this orange moving average right now. It’s holding as a support and it’s this retesting that’s going to offer bargain buying opportunities. So we know that the 111-day moving average is an important moving average and as long as we don’t get a sizeable correction, and if we propagate these two moving averages into the future, that means we’d get a bull market top around October. But around the pre-halving retrace is when we tend to see corrections in Bitcoin’s price action so a correction in that period is probably going to tilt this Pi Cycle moving average a little bit lower, and that’s also going to mean that this moving average propagated here is going to be tilted a little bit to the downside which mean we will see the bull market peak occur at a much later date.”
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Glassnode Study Signals High-Risk Bitcoin Regime, Hints at Early Bull Market Stage In the wake of the market’s recovery from the FTX collapse, a notable shift has occurred, pushing bitcoin into a high-risk regime, as indicated by the onchain analysis firm, Glassnode. The firm’s latest report notes that this regime typically signals a pivotal phase often preceding the onset of bull markets, where long-term investors begin to see a return to profitability. Bitcoin Enters High-Risk Regime: A Precursor to Bull Markets Glassnode‘s latest Risk Assessment Framework study introduces a nuanced approach to understanding bitcoin’s (BTC) market cycles through onchain data. By analyzing short-term and long-term risk cycles, the framework offers a data-driven model to gauge drawdown risks. The entry into a high-risk regime, as detailed in the report, marks a critical juncture typically observed at the commencement of bull markets. This phase is characterized by increased profitability for long-term investors, reflecting a growing confidence in the market’s future trajectory. “As such, ‘High-Risk’ is defined as a point where the market is likely in a speculative bubble,” Glassnode’s research explains. “By contrast, ‘Low-Risk’ environments are considered those where much of the speculative excess has been cleared, and the market is more likely to be within a bottom formation pattern.” At the core of Glassnode’s analysis are metrics like the MVRV Model and Mayer Multiple, which together delineate the market’s current risk status. These indicators highlight the deviation of bitcoin’s price from its long-term averages, presenting a methodical way to identify speculative bubbles and bottom formations.The Glassnode researcher, known as Cryptovizart, says the recent elevation of these metrics into the high-risk category underscores the speculative nature of current market conditions, yet it historically aligns with the early stages of market recoveries. Additionally, the report emphasizes the role of investor behavior, particularly through the Percent of Supply in Profit and Net Unrealized Profit/Loss metrics. These indicators provide insights into the potential for increased selling pressure and the overall sentiment of greed or fear among market participants. The current positioning within the high-risk domain suggests a cautious optimism, with a significant portion of the market holding coins accumulated at lower price points during the previous consolidation phase. By assessing spending patterns and demand for block space, Glassnode further identifies shifts in market dynamics that precede major price movements. Currently, the high-risk indicators highlight an environment ripe with speculation, yet buoyed by a solid foundation of long-term investor profitability and renewed market activity. While caution remains paramount, the analysis underscores the inherent optimism among long-term investors, suggesting a strategic moment for market entry. “These risk factors consider a wide set of data and investor behavior categories, helping to establish a framework for analysts and investors,” Glassnode’s report concludes. “Whilst each indicator can be used individually, the combination often provides a more comprehensive picture of the state of the market.”
According to Cyvers Alerts, the blockchain gaming platform PlayDapp was hacked today, with the attacker's address being added as a minter, minting 200 million PLA tokens (worth $ 31 million). Currently, these PLA tokens have been distributed to various addresses, with $ 5.9 million worth of the stolen PLA tokens transferred to the Gate platform. https://twitter.com/CyversAlerts/status/1756232598584430684?s=46&t=1Cu5A_OpPATuclDg6W9hzQ
Gitcoin, an open-source software funding platform, has announced it will shift focus away from public goods funding and towards enhancing grants infrastructure designed for the Ethereum ecosystem. As part of the new restructuring plan, two business units have formed within Gitcoin. One unit will focus on coordinating product-specific work, while a subDAO will manage matters of community and governance. https://blockworks.co/news/gitcoin-dao-restructure
Binance co-founder He Yi: In the future, if a third party leaks the coin listing information, the listing will be canceled; and a reward of up to $ 5m will be provided to encourage reporting of insider trading; employees involved in corruption and the fund they join will be listed in the blacklist. https://twitter.com/heyibinance/status/1754579213426835695?s=46&t=1Cu5A_OpPATuclDg6W9hzQ
Introducing Kelp Carnival 🎡 A celebration of each LST every day.
FTX has filed a motion with the court to sell its nearly 8% stake in artificial intelligence company Anthropic. FTX’s exact stake in Anthropic, which is valued at $ 18 billion, would be 7.84%, which would make the stake worth about $ 1.4 billion. https://www.theblock.co/post/275898/ftx-seeks-permission-to-speedily-sell-8-stake-in-anthropic
Companies such as LPL Financial Holdings, one of the largest independent brokers in the United States, are currently reviewing recently approved Bitcoin ETFs to decide whether to offer them to the nearly 19,000 independent financial advisors who manage $ 1.4 trillion in assets. LPL plans to complete this due diligence within three months. https://www.bloomberg.com/news/articles/2024-02-03/lpl-s-1-4-trillion-gatekeeper-avoids-bitcoin-etf-hype-for-now
DORMANT ETHEREUM WHALE MOVES 100 ETH AFTER 8 YEARS In an unexpected move that has captured the attention of the cryptocurrency community, an Ethereum wallet, inactive for over eight years, has resumed activity by transferring 100 ETH, valued at approximately $ 230,159. This transaction marks the first activity from the wallet since its creation in July 2015, sparking discussions and speculations within the industry. Ethereum whale resurfaces The wallet’s reactivation was highlighted through a series of transactions, where 20 ETH were sent to one address and 77 ETH to another, both of which remain undisclosed. This event is part of a growing trend where dormant wallets, especially those holding significant amounts of cryptocurrencies, are coming back to life. A similar incident occurred recently when another inactive Ethereum wallet, holding 492 ETH worth around $ 1.14 million, made transactions after years of dormancy since its initial coin receipt. These reactivations are noteworthy not only for their rarity but also for their potential impact on the Ethereum market. Historically, large movements of cryptocurrencies by so-called “whales” have led to fluctuations in market prices, sometimes resulting in increased volatility. The crypto community is now closely watching these developments, as the actions of such significant holders can have far-reaching implications for the market. Market impact and community response The return of these dormant whales has reignited discussions about their potential influence on Ethereum’s price stability. While Ethereum experienced a decline in value following similar whale activities in the past, it has shown resilience, bouncing back over time. This pattern suggests that while large transactions may temporarily affect the market, the long-term impact remains uncertain. Analysts caution the crypto community about the risks of dormant whales reentering the market. They advise investors and traders to remain vigilant and consider historical trends. The reactivation of these wallets serves as a reminder of the unpredictable nature of the cryptocurrency market, where significant movements can occur unexpectedly. The re-emergence of dormant Ethereum whales is a phenomenon that has both intrigued and concerned the cryptocurrency community. As these ancient giants begin to move their holdings, the potential for market impact looms. However, the historical resilience of Ethereum suggests that while short-term volatility may occur, the long-term trajectory of the cryptocurrency remains robust.
Beijing, China, requires strengthening the monitoring and analysis of cryptocurrency mining activities in 2024 and resolutely cracking down on cryptocurrency-related mining activities in Beijing in accordance with laws and regulations. https://www.beijing.gov.cn/zhengce/zhengcefagui/202402/t20240202_3554355.html
Binance says it’s increased year-over-year spending on compliance from $ 158 million to $ 213 million, purchasing a raft of new software systems to block and report suspicious transactions. The increased outlay also reflects personnel costs, including Binance’s decision to bring back executive Steve Christie as its deputy chief compliance officer. https://fortune.com/crypto/2024/02/02/binance-touts-35-hike-in-compliance-budget-as-firm-girds-for-monitor-sentencing-of-ex-ceo-zhao/
Bitcoin's Mining Difficulty Skyrockets by 7.33%, Setting New Record for 2024On Friday, Feb. 2, 2024, the Bitcoin network witnessed a significant milestone as its mining complexity metric surged by 7.33% at block height 828,576. This marked the most substantial increase in difficulty for the year thus far. The current level of difficulty stands at 75.50 trillion, reaffirming its status as the most challenging period for bitcoin mining to date. Bitcoin’s 7.33% Mining Difficulty Spike Marks 2024 Record Bitcoin (BTC) mining has recently become a far more challenging endeavor, with the difficulty metric rising by an impressive 7.33%, marking the most significant increase in 2024. This notable rise comes on the heels of a 3.90% decrease observed on Jan. 20. 2024 has witnessed a total of two increases and one reduction in mining difficulty thus far. Additionally, we are now counting down to the fourth halving event, which is less than 11,500 blocks away and will lead to a halving of BTC mining rewards. The 7.33% rise in difficulty marks a historic ascent to an all-time peak of 75.50 trillion. In essence, this figure represents the threshold at which a block’s hash must reside to be deemed valid. With the difficulty now standing at 75.50 trillion, it implies that the hash of an acceptable block must be equal to or lower than an exceptionally diminutive target value within the extensive spectrum of possible hash values. The smaller this target becomes, the less probable it is for a random hash guess to fall below it, thereby intensifying the challenge of discovering a valid block.Currently, the collective hashrate is cruising steadily at 536 exahash per second (EH/s), as indicated by seven-day simple moving average (SMA) data from Luxor’s web portal hashrateindex.com. This figure of 536 EH/s trails slightly behind the all-time peak of 566 EH/s reached on Jan. 29, 2024. Examining three-day block discovery metrics unveils the dominance of two pools over Bitcoin’s hashrate, collectively accounting for over 60% of the total. Foundry USA leads the charge with a commanding 31.94%, boasting 173.53 EH/s, while Antpool closely follows with 159.17 EH/s, constituting 29.30% of the overall hashrate. The next mining difficulty retarget is due to occur on Feb. 15, 2024.
Three U.S. people have been charged by DOJ with orchestrating a SIM-swapping scam that siphoned more than $ 400 million from FTX as the cryptocurrency exchange spiraled into bankruptcy. They could intercept text messages - including multi-factor authentication codes, which allowed them to break into the victims’ financial accounts and crypto wallets. https://www.bloomberg.com/news/articles/2024-02-01/ftx-s-missing-400-million-stolen-in-sim-swapping-hack-doj-says
Feb. 2 Options Data 22,000 BTC options are about to expire with a Put Call Ratio of 0.66, a Maxpain point of $ 42,000 and a notional value of $ 960 million. 230,000 ETH options are about to expire with a Put Call Ratio of 0.33, a Maxpain point of $ 2,300 and a notional value of $ 530 million. Block trading is more muted, with some whales lowering their positions, mainly profit-taking of betting on ETF. https://twitter.com/GreeksLive/status/1753257575746028026?s=46&t=1Cu5A_OpPATuclDg6W9hzQ
Will Bitcoin Hit $ 1 Million By 2028? Experts Clash Over Bold Price PredictionTuur Demeester, a Bitcoin evangelist, has recently shared his views on Bitcoin’s potential to reach the $ 1 million mark by 2028. Demeester’s view on this topic presents a cautious contrast to some of the more bullish predictions in the crypto community. This tempered perspective comes when others, such as Samson Mow, express strong confidence in Bitcoin’s ability to hit this milestone following its next halving. $ 1 Million Bitcoin By 2028 Is Not Certain Demeester’s skepticism was articulated in response to a post sharing a graph by investor Fred Krueger, which suggested that Bitcoin might reach the $ 1,000,000 level by 2028. While appreciating the graph’s model, Demeester expressed uncertainty, acknowledging the unpredictable nature of the market and its capacity to defy even the most well-constructed models.The anticipation surrounding BTC’s price of $ 1 million is closely tied to its halving events, which occur approximately every four years. After this year’s halving, the next halving is set to occur in 2028. These events reduce the number of new BTC mined per block by half, limiting the supply and potentially impacting the price. The upcoming halving, set for April this year, will see the daily minting of Bitcoin slashed from 900 to 450 coins. Such supply changes have historically led to significant price movements, lending credibility to the various models predicting substantial future price increases. 570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now Amid these predictions, an X user, claiming ownership of the growth plot referenced by Demeester, chimed in with insights. They argued that some market laws, like the time value of money in the stock market, are less likely to be broken. Similarly, the natural adoption rate of Bitcoin might constrain its “explosive” growth, providing room for market movements without breaking the underlying model. Diverse Views On Bitcoin’s Future Other Bitcoin enthusiasts, like Samson Mow, CEO of Jan3, are more optimistic. Mow envisions Bitcoin reaching $ 1 million, potentially in a sudden surge causing “max pain” for several market players. This dramatic increase, he suggests, could happen swiftly, within “days or weeks,” though the precise starting point remains uncertain. My main prediction is the run up to $ 1M happens in days to weeks. Starting point TBD. In analyzing potential triggers for a Bitcoin rally, Mow considers various factors. These include Bitcoin-specific metrics like exchange-traded inflows (ETF), the BTC hashrate, and whale activity on Bitfinex. Additionally, Mow looks at broader economic indicators such as Tether’s USDT assets under management, government debt payments, and Debt-to-GDP ratios.Mow believes these factors, combined with nation-state adoption, real inflation rates, and the M3 money supply, could significantly influence Bitcoin’s performance.Amid the debate, Bitcoin saw quite a surge in the past 24 hours, reclaiming the $ 43,000 mark with a current trading price of $ 43,123.
Binance Futures will launch the USDⓈ-M ZETA Perpetual Contract at 2024-02-02 08:30 (UTC), with up to 50x leverage. Binance has not launched ZETA’s spot trading for the time being. ZETA is the token for the L1 blockchain ZetaChain. https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-m-zeta-perpetual-contract-with-up-to-50x-leverage-527d78a22905461f84c8c85e8b938d4d
Bullish on Bitcoin: Global Survey Respondents Anticipate BTC Price Spike to $ 60K and Beyond in 2024 A recent international survey by Bitget has illuminated the crypto market’s hopeful perspective, drawing insights from close to 10,000 individuals across areas such as West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. More than half of the participants globally anticipate that bitcoin prices will hover between $ 30,000 and $ 60,000 during the halving period (around April 2024), while 30% foresee the price exceeding the $ 60,000 mark. Bitget Survey Shows High Optimism Among Crypto Investors Bitget’s latest survey shared with Bitcoin.com News, uncovers a robust conviction in bitcoin’s capacity to outdo its previous peak by 2024, with 84% of investors foreseeing substantial growth preceding the forthcoming halving occurrence. The approach adopted by Bitget for this survey facilitated a thorough grasp of the worldwide investor sentiment regarding crypto assets. Engaging nearly 10,000 people from diverse regions, the study offered a broad perspective on the anticipated future value of bitcoin (BTC) and the crypto market at large. This varied group of participants highlights the extensive enthusiasm and hope placed in digital currencies as a legitimate investment option, mirroring a global agreement on the likelihood of significant market expansion. The Bitget study on the impact of Bitcoin’s halving “provides valuable insights into the evolving landscape of cryptocurrency investment,” Gracy Chen, Bitget’s managing director remarked. “The findings reflect a broad spectrum of expectations and investment plans, indicating that 2024 will be a significant year for the bitcoin market.” The survey’s results underscore a dominant belief among investors in bitcoin’s journey towards new price highs. With the anticipation of the fourth reward halving event as a pivotal juncture, the majority view this occasion as a critical turning point for the premier cryptocurrency, potentially propelling it to unprecedented levels. Such optimism is supported by historical patterns, where previous halvings have triggered notable market surges, solidifying the positive expectations held by the survey’s contributors. Beyond optimistic forecasts for bitcoin’s pricing, the survey also illuminated investment trends, with 70% of respondents aiming to bolster their crypto asset holdings in the coming year. This intention is particularly pronounced among individuals from MENA and East Europe, showing a more pronounced eagerness to augment their investments in digital currencies. Bitget’s survey additionally highlights a “short-term cautious, long-term optimistic” outlook among investors from Western Europe.
According to Reuters, El Salvador’s President Nayib Bukel’s government will move forward with plans for Bitcoin-backed bonds, building Bitcoin cities, and issuing passports to cryptocurrency investors if he wins the upcoming election. https://www.reuters.com/world/americas/el-salvador-will-stay-committed-bitcoin-after-election-vice-president-2024-02-01/