Binance Square

OUTPERFORM

1,062 views
3 Discussing
Ek San
--
🚨JPMORGAN: #BITCOIN LIKELY TO #OUTPERFORM GOLD IN H2 2025 šŸ”¹Zero-sum trend: BTC rising as #gold falls, up 18% since April 22 šŸ”¹Corporate buying: Strategy and Metaplanet fueling demand šŸ”¹State support: NH, AZ add BTC to strategic reserves šŸ”¹ETFs/funds: Outflows from gold, inflows into BTC šŸ”¹Institutional boost: Derivatives market expansion increases confidence -The Block / Yogita Khatri$BTC {spot}(BTCUSDT)
🚨JPMORGAN: #BITCOIN LIKELY TO #OUTPERFORM GOLD IN H2 2025

šŸ”¹Zero-sum trend: BTC rising as #gold falls, up 18% since April 22

šŸ”¹Corporate buying: Strategy and Metaplanet fueling demand

šŸ”¹State support: NH, AZ add BTC to strategic reserves

šŸ”¹ETFs/funds: Outflows from gold, inflows into BTC

šŸ”¹Institutional boost: Derivatives market expansion increases confidence

-The Block / Yogita Khatri$BTC
Could Bitcoin's 160% Jump in 2023 Hint at Crypto's Bright Future with ETFs? šŸŖ™ Despite economic challenges, #Bitcoin surged over 160% in 2023, fueled by excitement over ETF proposals. Kaiko Research predicts BTC will #outperform major assets this year. The cryptocurrency's journey saw stages of stability, sharp drops, and a rise above $40,000 post-BlackRock's ETF filing. Pending SEC decisions on #ETFs by major players like Fidelity and BlackRock may further boost Bitcoin. Additionally, Bitcoin's correlation with Nasdaq 100 reversed, indicating its potential as a hedge against inflation. Will this surge pave the way for a stronger future for cryptocurrencies? Leave your comment below šŸ‘‡šŸ» #Binance #crypto2023
Could Bitcoin's 160% Jump in 2023 Hint at Crypto's Bright Future with ETFs? šŸŖ™

Despite economic challenges, #Bitcoin surged over 160% in 2023, fueled by excitement over ETF proposals.

Kaiko Research predicts BTC will #outperform major assets this year. The cryptocurrency's journey saw stages of stability, sharp drops, and a rise above $40,000 post-BlackRock's ETF filing.

Pending SEC decisions on #ETFs by major players like Fidelity and BlackRock may further boost Bitcoin.

Additionally, Bitcoin's correlation with Nasdaq 100 reversed, indicating its potential as a hedge against inflation. Will this surge pave the way for a stronger future for cryptocurrencies?

Leave your comment below šŸ‘‡šŸ»

#Binance
#crypto2023
See original
🚨 [Alert for holder $MKR ] – Whales are starting to offload! In the past 10 hours, the fund #7Siblings has begun to sell MKR to accumulate $ETH . Specifically: šŸ” Swap 707 MKR for ETH around the price range of ~$1,500 šŸ’° Total transaction value: ~$763,000 Currently, this fund's wallet is still holding 1,248 MKR (~$7.8M) Coincidentally, on April 8, Genesis Trading also made a similar move – converting MKR to ETH. Are the "big players" expecting ETH to #outperform MKR in the near future, or is this simply a restructuring step to optimize positions in DeFi protocols? Regardless of the reason, the wave of transition from MKR to ETH is clearly beginning to take shape. ā° Anyone holding MKR needs to keep a close watch! #BullishEthereum
🚨 [Alert for holder $MKR ] – Whales are starting to offload!

In the past 10 hours, the fund #7Siblings has begun to sell MKR to accumulate $ETH . Specifically:

šŸ” Swap 707 MKR for ETH around the price range of ~$1,500

šŸ’° Total transaction value: ~$763,000

Currently, this fund's wallet is still holding 1,248 MKR (~$7.8M)

Coincidentally, on April 8, Genesis Trading also made a similar move – converting MKR to ETH. Are the "big players" expecting ETH to #outperform MKR in the near future, or is this simply a restructuring step to optimize positions in DeFi protocols?

Regardless of the reason, the wave of transition from MKR to ETH is clearly beginning to take shape.

ā° Anyone holding MKR needs to keep a close watch!
#BullishEthereum
Disaster_
--
Genesis Trading unexpectedly "bottomed out" $ETH by selling $MKR – A signal for a new strategy?

Just about an hour ago, Genesis Trading's wallet executed a series of notable transactions by swapping 607 MKR for ETH at a price of around 1,500u/ETH, equivalent to a total value of approximately 697,000 USD.

What is particularly interesting is that this amount of MKR was previously accumulated by Genesis between February 9 and 12 at an average price of only about 1,000 USD. This means that this organization has taken a profit on MKR of more than 15% just to bottom out ETH.

This move has led many to question: Could it be that #Genesis is betting that ETH will outperform MKR in the near future? Or is this simply a strategic move in their investment portfolio?

#bullish
Login to explore more contents
Explore the latest crypto news
āš”ļø Be a part of the latests discussions in crypto
šŸ’¬ Interact with your favorite creators
šŸ‘ Enjoy content that interests you
Email / Phone number