According to 21Shares, long-term investors have returned to buying Bitcoin after the correction in March, and global liquidity (the amount of money circulating in the markets) has started to rise again. This could create a more favorable environment for a new wave of appreciation. The manager also highlights that, unlike other cycles, the market has reacted more maturely. Even after strong drops at the beginning of the year, the price of Bitcoin has remained at higher levels than before the elections in the US, which shows resilience. There have been no major waves of panic or mass selling, as in the past.
Another factor that reinforces the recovery thesis is Bitcoin's proximity to hitting a new record appreciation against the Nasdaq index, which includes the largest technology companies in the US. The relationship between the two is at 4.96, close to the record of 5.08, reached when BTC hit $109,000 in January.
The manager also highlights that, unlike other cycles, the market has reacted more maturely. Even after strong drops at the beginning of the year, the price of Bitcoin has remained at higher levels than before the elections in the US, which shows resilience. There were no major waves of panic or mass selling, as in the past.
Another factor that reinforces the recovery thesis is the proximity of Bitcoin to hitting a new record of appreciation against the Nasdaq index, which includes the largest technology companies in the US. The ratio between the two is at 4.96, close to the record of 5.08, reached when BTC hit $109,000 in January.
According to 21Shares, long-term investors have returned to buying Bitcoin after the correction in March, and global liquidity (the amount of money circulating in the markets) has started to rise again. This could create a more favorable environment for a new wave of appreciation. The manager also highlights that, unlike other cycles, the market has reacted more maturely. Even after strong drops at the beginning of the year, the price of Bitcoin has remained at higher levels than before the elections in the US, which shows resilience. There have been no major waves of panic or mass selling, as in the past.
Another factor that reinforces the recovery thesis is Bitcoin's proximity to hitting a new record appreciation against the Nasdaq index, which includes the largest technology companies in the US. The relationship between the two is at 4.96, close to the record of 5.08, reached when BTC hit $109,000 in January.
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convert to USDT, in the spot wallet and then convert to BRL, after that you can withdraw, okay?
James Meliodas
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personal Good evening 1mente,! I want to withdraw this money because I need it and I'm not managing to do it right, someone please if you have a little time help me I will appreciate it gallery new in the world of Crypto how do I do
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Binance Achieves 21st Global Regulatory Milestone with Exchange License in Brazil
2025-01-02
Binance, a global leader in blockchain infrastructure and the world’s largest cryptocurrency platform by trading volume and users, has achieved its 21st global regulatory milestone. The company has received authorization from the Central Bank of Brazil to acquire the Sim;paul exchange. With the announcement, Binance becomes the first cryptocurrency platform to hold a securities brokerage license in Brazil.
By receiving approval for the acquisition of Sim;paul, a Brazilian exchange that holds electronic money issuance (EMI) and securities distribution licenses granted by the Central Bank of Brazil, Binance, which already operated in accordance with the regulatory landscape in the country as a global exchange, can be more effective in complying with ongoing regulatory advances.
"We are thrilled to announce this regulatory approval in Brazil, another significant milestone in our global expansion. As a booming market for cryptocurrency adoption, Brazil represents a vibrant and dynamic community that is embracing the future of finance. We congratulate local regulators for their commitment to defining clear rules for this important and growing industry. The approval received in Brazil underscores our commitment to compliance and security, and we will continue to provide our local users with a safe, reliable and innovative platform to meet their crypto needs," said Richard Teng, CEO of Binance, on the importance of this achievement.