On 29th April, @InnFin's Global Summit returns for its 11th year at the historic Guildhall.
Our Founder and CEO, @gverdian, will be joining a panel titled 'Agents of Growth: AI, Blockchain, Web3, And Smart Data Convergence in Action' where he'll share how we can harness the potential of these technologies to drive a better #financialservices system.
Learn more and register for the event here: https://t.co/VvhmBUs2dA #IFGS
$BTC From Pump to Plunge #Bitcoin Faces Heavy Rejection Near $84.5K❗After staging a strong rally to a 24H high of $84,504.74, #Bitcoin has flipped direction with a sharp pullback to the $82,900 zone. The reversal came swiftly, with heavy selling pressure slicing through intraday gains, dragging #BTC down toward $82,265 the day’s low.
This kind of strong rejection off a high signals short-term fatigue or aggressive profit-taking, especially after such a steep climb. Price action is now hovering just above the key support range. If bulls lose grip at $82,200, we could be looking at the next potential support levels at $81,700 and $80,800.
However, if buyers step in again and defend this zone, a quick rebound may still be on the table. The current candle is deep red and backed by volume, so caution is advised.
Quick Take:
Resistance: $84,500
Immediate Support: $82,265
Next Support Zones: $81,700 / $80,800
Key Level to Watch: $82,200
For now, it’s a trader’s game of patience and discipline wait for a confirmed reversal or breakdown before calling the next direction.
$BTC
{spot}(BTCUSDT)
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$ACT /USDT – Massive Crash Shakes Market Confidence
What just happened in ACT/USDT was nothing short of a freefall. The token plummeted from $0.1900 all the way down to $0.0836, losing nearly 60% of its value within an hour. The current price is hovering around $0.0994, still down over 47% on the day — and the damage is heavy. This kind of drop is more than just a correction; it’s a brutal flush that likely triggered massive liquidations and stop-loss cascades.
For long-term holders, this is a tough blow. Confidence has been shaken, and many are now deep in the red. While a small bounce from the bottom suggests short-term bargain hunters stepping in, the broader sentiment remains fragile. Until stability is regained above key resistance zones like $0.125, caution should be the top priority. For now, the focus shifts from profit to protection — and traders should be extremely selective before jumping back in.
Trade here on $ACT
{future}(ACTUSDT)
$BTC Sudden Stumble: Flash Dips and Whale Whispers at $84K
Well, well #Bitcoin decided to remind everyone it’s still the king of volatility.
Earlier today, $BTC /USDT was cruising at a comfy $84,504, only to take a sharp nosedive down to $82,265. In 15-minute candlestick terms? That’s a heart-skipping drop.
Right now, it's trying to find its footing at $82,862, just 0.10% down on the day, but let’s be real—that red candle screams fear. And just look at the order book: a whopping 88.20% sell pressure.
What might've triggered it?
StochRSI at a chilling 3.76 — the market is oversold and shaking.
Volume? Sky-high: 18,088 BTC traded in the last 24h.
Sentiment? Bears rushed in like it’s Black Friday.
Some say it’s just a correction. Others whisper “whale dump” or “stop-loss hunt.” Could be both. But whatever the cause, the bulls clearly got blindsided.
Bottom line? Bitcoin reminded us again: the higher you fly, the rougher the wind. Hold tight or stay outta the storm.
{spot}(BTCUSDT)
$BTC /USDT – Sharp Reversal Hits Market, Dips to $82,690
After what seemed like a promising recovery, #Bitcoin has taken a sudden turn — once again facing a heavy sell-off. BTC hit a 24h high of $84,504.74, showing strength through multiple levels, only to reverse sharply and drop to $82,690.01. That’s a fast and deep pullback from the highs, with the current candle showing strong bearish pressure and volume backing the move.
This kind of rejection after a solid run often indicates short-term exhaustion or profit-taking from major levels. With $82,265 as the 24h low, it’s clear we’re hovering near key support. If BTC fails to hold this zone, the next possible support levels sit around $81,700 and $80,800. However, if bulls defend $82,200 again, a rebound could set the stage for a fresh bounce — but for now, caution is key. Traders should stay alert, manage risk wisely, and wait for clear confirmation before making the next move.
🚀 Exciting times in the crypto world! CoinDesk 20 Index is on the rise, hitting 2551.25, up 1.5% since Monday! 🌟
Leading the charge are SUI with a stellar +4.6% and AVAX at +3.4%. Meanwhile, POL and APT are trailing slightly, but overall, 19 out of 20 assets are in the green! 📈
The CoinDesk 20 is a global index, reflecting diverse market movements. What are your thoughts on the leaders and laggards? Share your insights in the comments!
🚀 Blockchain is speeding up, and companies are diving in! With global regulations aligning, the race is on to bring new products to market. 🏃♂️💨
Early winners are emerging as we enter the mass adoption era. If your CEO says, “it’s early days,” you might be left behind. Speed is crucial, but remember: "move fast" also means "break things." Risk management is key!
🔍 Close past problem doors with controls and best practices. Strategize risks—tech, market, counter-party. Learn from mistakes in controlled environments.
Build vs. buy? Sometimes, consultants are the cheat code! Growth needs risk, so buckle up and keep your eyes on the road. Share your thoughts below! 👇
🚀 Tether is on a Bitcoin shopping spree! They've added 8,888 BTC, worth $735M, to their stash, bringing their total to 92,646 BTC. That's a cool $7.7B at current prices! 📈
Sticking to their strategy, Tether is investing 15% of quarterly profits into Bitcoin. With USDT as the largest stablecoin, boasting a $143B market cap, they're not slowing down. Last year's $13B profit, mainly from U.S. Treasuries, shows they're playing the long game.
What do you think about Tether's bold Bitcoin moves? Share your thoughts below! 💬
Bitcoin miners faced a rocky March, with the market cap of 14 U.S.-listed miners tracked by JPMorgan dropping 25%! 😬 Only Stronghold Digital Mining (SDIG) managed to outperform BTC, though it still saw a slight decline. Miners with high-performance computing exposure lagged behind pure-play miners for the second month straight.
Despite the challenges, the network hashrate ticked up to 816 EH/s, indicating fierce competition and rising mining difficulty. 📈 However, revenue and profitability took a hit, with daily block reward revenue down 13% from February.
What are your thoughts on the future of bitcoin mining? Share below! 👇
📉 March was a tough month for U.S.-listed bitcoin miners, with their total market cap dropping 25%, marking the third-worst monthly performance on record, according to JPMorgan. Only Stronghold Digital Mining (SDIG) outperformed bitcoin, while others, especially those with high performance computing exposure, struggled.
- Average network hashrate rose slightly to 816 EH/s, indicating increased competition.
- Mining revenue and profitability took a hit, with daily block reward revenue down 13% from February.
What do you think is next for bitcoin miners? Share your thoughts in the comments! 💬
🚀 Big changes at Zodia Custody! The London-based crypto custodian recently saw the departure of its CFO, Jonathan Hugh, and former COO, Samuel Howe. Despite these shifts, Zodia is on a growth trajectory, expanding from 97 to 140 employees globally in 2023. Backed by big names like Standard Chartered and SBI Group, the company plans to deepen its market presence and explore new territories by 2025.
What do you think about these leadership changes? Share your thoughts in the comments!
🚀 Hold onto your crypto hats, folks! The CoinDesk 20 Index is on a roll, hitting 2551.25, up 1.5% since Monday! 🌟
1. Nineteen out of 20 assets are flexing their muscles, with SUI (+4.6%) and AVAX (+3.4%) leading the charge. They're like the superheroes of DeFi, saving portfolios one trade at a time! 🦸♂️
2. Meanwhile, POL (-0.3%) and APT (+0.7%) are taking a nap. Maybe they need a coffee break? ☕️
Feeling bullish about DeFi and Web 3? Share your thoughts and memes in the comments! Let's keep the optimism flowing like a blockchain transaction! 💬
🚀 Tether, the giant behind the world's largest stablecoin USDT, has upped its Bitcoin game! They've added 8,888 BTC, worth $735 million, bringing their total to 92,646 BTC. This move aligns with their strategy to invest 15% of quarterly profits into Bitcoin. With BTC priced just above $83,000, Tether's stash is valued at a whopping $7.7 billion.
💡 Did you know? Tether's profits, mainly from U.S. Treasuries, hit $13 billion last year! What are your thoughts on their Bitcoin strategy? Share in the comments!
🚀 Crypto Market Update: The CoinDesk 20 Index is on the rise, currently trading at 2551.25, marking a 1.5% increase since yesterday! 📈
- **Top Performers**: SUI leads the pack with a 4.6% gain, followed by AVAX at 3.4%.
- **Laggards**: POL sees a slight dip of 0.3%, while APT edges up by 0.7%.
With 19 out of 20 assets trading higher, it's an exciting time for crypto enthusiasts. What are your thoughts on the current market trends? Share your insights in the comments below!
🚀 The blockchain and crypto world is racing ahead as global regulations align, paving the way for diverse products and services. Companies are diving in, aiming to capitalize on this mass adoption era. But with speed comes risk, making risk management crucial.
- **Risk Management Tips:**
- Implement controls to avoid past mistakes.
- Strategically assess technology, market, and counter-party risks.
- Decide wisely on internal vs. external tasks; sometimes, outsourcing is key.
What do you think? Is your company ready to sprint ahead, or are you playing catch-up? Share your thoughts in the comments!
Shiba Inu (SHIB) Update: Outlook and Challenges Toward the $1 Threshold
Shiba Inu (SHIB) has captured the attention of the crypto community due to its remarkable growth and bold aspirations. SHIB is currently trading at around $0.0000127 USD, with a slight positive change of 0.03504% from the previous close. During the day, it registered an intraday high of $0.00001297 USD and a low of $0.00001226 USD.
The ambition of SHIB reaching parity with the dollar presents significant challenges. With a circulating supply of approximately 589 billion tokens, achieving a price of $1 USD per SHIB would imply a market capitalization exceeding $589 billion USD. This value far exceeds the total global Gross Domestic Product (GDP), estimated at $94 trillion by 2021.  
To approach this goal, it would be necessary to implement strategies such as drastically reducing the circulating supply through token burning mechanisms and encouraging mass adoption that increases demand. However, even with these measures, reaching the $1 USD per SHIB mark is considered highly unlikely in the short or medium term.  
It is essential that investors maintain realistic expectations and base their decisions on sound analysis, considering the inherent volatility of the cryptocurrency market and the specific characteristics of each digital asset.$SHIB