hello everyone according to btc dominance hourly chart i think the Dominicane will do some dips & according to current of market we'll see some good momentum in alts coins but be careful with your positions always do trading with proper stoploss & avoid been liquidate.
$JASMY is still in a very bullish trend on the daily time frame Although its trend has changed to a downward trend in the 4-hour timeframe.
•The price returned to the dynamic support level and it was well supported, considering the relatively good return that the price has had, if the price can return to $0.02580, we can expect it to grow until the previous top.
•The correction process has been slow compared to the upward trend it has had, and this is a sign that the new upward trend will be strong. NOTE THIS JUST A MARKET STUDY DO YOUR TRADES ON YOUR OWN RISKS
I'm holding my 50% of portfolio in these coins if you want to recover you previous losses i suggest to accumulate $ETH & $SOL in parts when its dumping
Two main ways to get involved with Bitcoin are through a Bitcoin ETF or by buying Bitcoin directly. Both methods have upsides and downsides, so let's look at each approach closely.
Do you want to invest in $BTC ETF? Here are some pros & cons of $BTC ETF listed below: Pros:Easy Access & Regulated: Buy shares on familiar exchanges like the NYSE.No Storage Hassle: ETF handles Bitcoin storage and security.Diversification: Lowers risk by adding Bitcoin's uncorrelated price movement to your portfolio.Higher Liquidity: Easier to buy and sell compared to direct Bitcoin purchases.Cons:No Direct Ownership: You don't own Bitcoin, potentially missing out on tax benefits and control.Higher Fees: Expect to pay more compared to traditional ETFs due to Bitcoin management costs.Tracking Imperfections: Due to fees and tracking errors, the ETF's price might not perfectly match Bitcoin's price.
Now, here are some pros & cons of buying BTC directly: Pros:Full Ownership & Control: You directly own the Bitcoin, granting complete control over your investment.Potential Tax Benefits: May offer tax advantages like tax deferral in a self-directed IRA.24/7 Access & Liquidity: Buy and sell Bitcoin instantly, around the clock.Cons:Storage & Security: Requires managing your own Bitcoin storage, which can be complex and risky.High Volatility: Bitcoin's price is known for significant fluctuations, exposing you to market risk.Technical Complexity: Using crypto wallets and exchanges involves learning and technical knowledge. However, Binance Academy is the best place to get this sorted! So what are you? BTC ETF Investor or Direct BTC Trader? Let us know below! Thanks for reading.
🐸 Here are three memecoins you may not know, to watch in June.
The memecoin market, is filled with new opportunities daily. Some projects reach valuations exceeding $1 billion, offering the potential for returns as high as 1000x.
🟣Eddie Seal, $EDSE. Market Cap: $23k With its current low market cap, there is potential for a 1000x return if it reaches a capitalization of $23 million. 🔵Ponke, $PONKE. Market Cap: $184M Recently, Ponke's token value surged from 16 cents to over 40 cents, reaching a market cap of $184M. 🔵Brett, $BRETT. Market Cap: $440M Reached a peak market cap of over $700M.
Analysts talk about significant growth potential of these projects, it will be interesting to watch them 👀
🪙 BlackRock spot bitcoin ETF's over 400 holders is mind boggling
Bitwise CEO Matt Hougan: ...Spot bitcoin ETF allocations revealed in recent 13F filings with the SEC are just a “down payment”
➡️Millennium Management has acquired $1.94 billion in spot Bitcoin ETFs ➡️Morgan Stanley discloses US spot bitcoin ETF holdings worth over $270 million in filing
Institutions continue to invest in Bitcoin at a rapid pace, and we can hardly keep track of them . Does anyone still doubt that Bitcoin is about to explode?) 🔥
💡 By the way, CME Group, the world’s largest futures exchange, is planning to launch bitcoin trading aiming to capitalise on surging demand this year among Wall Street money managers to gain exposure to the cryptocurrency sector.
🇺🇸 The U.S. state of Oklahoma passed a bill this week to protect the state’s residents’ rights to self-custody digital assets.
It prohibits restrictions on self-hosted wallets or hardware wallets, prohibits discriminatory electricity prices for Bitcoin mining, and allows residents to pay for goods and services in cryptocurrencies without paying additional taxes.
🧑💻 Oklahomans can also mine crypto both at home and industrially, though they have to comply with local noise ordinances.
🔷 If the SEC approves the VanEck fund on Wednesday, ETH prices are likely to pump in the short term. However, the general consensus is that the SEC will reject them.
The ETH bottom is already in. Ethereum will get an ETF and the market knows it.
We are going to see a crazy run in Ethereum in the coming months as BTC halving is done and SPOT ETF for ETH is on the way. #EHTURUM #BTC☀️