#BTCBreaksATH On Wednesday afternoon, Bitcoin (BTC) surged t | furqan Noor on Binance Square

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#BTCBreaksATH On Wednesday afternoon, Bitcoin (BTC) surged to a remarkable all-time high (ATH) of $112,022, breaking free from its previous consolidation phase and lower resistance levels.

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117,727.85

+5.91%

4

0

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$BTC Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under the pseudonym of Satoshi Nakamoto.[5] Use of bitcoin as a currency began in 2009,[6] with the release of its open-source implementation.[7]: ch. 1 In 2021, El Salvador adopted it as legal tender.[4] As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries as of 2021.[8]

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#TrendTradingStrategy Trend trading is a strategy that involves traders analysing the direction of trends for financial instruments. When an asset is seeing an upward trend, traders would often look to enter into a long position and buy. In the opposite scenario, when trend direction is downward, traders would go short and sell.

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#SECETFApproval July 7 (Reuters) - New U.S. Securities and Exchange Commission guidance on disclosure requirements for exchange-traded products tied to cryptocurrencies marked the first step toward approval of dozens of applications for ETFs linked to everything from Solana and XRP to President Donald Trump's eponymous meme coin. The guidance, issued last Tuesday, signaled a dramatic shift by Republican leadership in how the top U.S. markets regulator deals with the crypto sector. The SEC has launched a task force to draft new regulations, refocused its crypto enforcement team and paused or altogether walked away from high-profile enforcement cases that many thought the agency was winning.

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$SOL Many people compare Solana, a new blockchain platform, to Ethereum because Ethereum is a leading platform for blockchain smart contracts. Ethereum is not just popular because it was the first of its kind. Its smart management made it the go-to place for many opportunities, especially for the initial coin offerings ...

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