$BTC Investors, holders, experts, rookies all had their sights fixed on the price of BTC for the past couple of weeks. This was caused by BTC breaking above what was a 200-day long EMA at $85,000,00.
The aforementioned resulted in a lot of traffic, buzzing and anticipation BTC ending the month of stabilized at $95, 000,00. Not quite, at least not yet.
Be that as it may, the bullish run lives to fight another day as countries, administrations, fortune-500 companies and us ordinary folk all abuzz about BTC it is inevitable that a golden cross will be achieved.
$BTC Investors, holders, experts, rookies all had their sights fixed on the price of BTC for the past couple of weeks. This was caused by BTC breaking above what was a 200-day long EMA at $85,000,00.
The aforementioned resulted in a lot of traffic, buzzing and anticipation BTC ending the month of stabilized at $95, 000,00. Not quite, at least not yet.
Be that as it may, the bullish run lives to fight another day as countries, administrations, fortune-500 companies and us ordinary folk all abuzz about BTC it is inevitable that a golden cross will be achieved.
BTC's bullish run continues as Arizona State lawmakers approved Senate Bill 1025 and Senate Bill 1373 which authorizes state treasury invest 10% of the State's public funds in digital assets. It is reported that the State will invest a larger portion in Bitcoin.
Only one final piece of the puzzle remains, the Governor's signature.
The optimism grows as experts, investors watch closely at the EMA. The Bitcoin golden cross is expected to occur in the next coming weeks. However, it can only materialize if Bitcoin can hold above $90,000, long enough for the 50 EMA to cleanly cross the 100 EMA.
Should a Bitcoin golden cross occur you can expect traders and investors to pounce as a full blown bullish trend would no longer be in doubt.
US President Donald Trump needs no motivation to express what some would see as overly ambitious plans.
The Republicans are currently putting in extra hours at the office in a quest to wrap up President Trump's tax bill before Memorial Day. Trump plans to cut taxes and may have indicated future plans to scrap taxes altogether.
The lingering question is what source of revenue would fill the deficit? Exceedingly high tariffs? 🤔🤔
With just a week passed after CME, a Chicago-based FSC added XRP futures to its exchange, ProShares follows suit. ProShares is set to introduce three new funds that will collaborate to track the XRP index.
What is noteworthy and in need of clarity is that these are not Spot products XRPs but Futures based.
Experts and enthusiasts are optimistic regarding this milestone. It signifies the fall of a major domino and we could see the SEC approve Spot based XRPs in the near future
With just a week passed after CME, a Chicago-based FSC added XRP futures to its exchange, ProShares follows suit. ProShares is set to introduce three new funds that will collaborate to track the XRP index.
What is noteworthy and in need of clarity is that these are not Spot products XRPs but Futures based.
Experts and enthusiasts are optimistic regarding this milestone. It signifies the fall of a major domino and we could see the SEC approve Spot based XRPs in the near future
A couple of factors have had a positive influence on the potential approval of XRP ETF in the US.
For starters, the US is led by the "Crypto President" and his crypto-friendly administration. Secondly, the US Securities and Exchange Commission and Ripple Labs have settled a long standing dispute and thus removing a key regulatory hurdle. Last but not least, the launch of XRPH11 in the Samba Nation of Brazil has triggered growing appetite for investors across the US and world at large.
We'll let our imaginations run wild as to what impact the US SEC's possible approval of XRP ETF will have on the global trade industry.
The Samba Nation has officially positioned itself as a progressive player in the global digital assets market. Brazil has launched the world's first Spot XRP ETF on the B3 exchange.
The XRPH11 is managed by Hashdex and administered by Genial Investimentos.
The main attraction for current and future investors is how cost-efficient managing equity through the XRPH11.
Over the past 7 days, the price of ETH has changed by +11.62% marking a significant shift from what was a doomy looking future. ETH's trading volume over the past 24 hours was $16,33B. A trading volume represents the value of the tokens traded over a set period, in this case the past 24 hours.
Explore my portfolio mix. Follow to see how I invest!
It's going to take time, effort and dedication. The aim is to move earn a star above rookie status. From thereon a healthy looking crypto investment portfolio.$BTC
President Donald Trump responded to the question of whether the 90-day pause on Tarrifs would be extended or not. Responding to reporters traveling with him aboard Airforce One, Trump said he would not change his stance on China unless "something substantial" was offered by Beijing in return.
It remains to be seen whether the two powerhouses can reach a compromise.
Persuant to $BTC surpassing the R98, 000,00 mark, a short or bear squeeze market is likely to take off.
A short or bear squeeze refers to a market that sees the price of an asset rise rapidly and on turn forcing short sellers to buy back their tokens at inflated prices.
A word of advice to beginner and intermediate traders like myself, refrain from falling into the trap. The profits might appear lucrative, the downside is that the losses can take the air completely out of your lungs and coin out of your pocket.
Investing in $Trump pays first dividends. This comes as the US President's meme coin saw a significant rise to over 50%.
The key chess move was a post on the meme coin's website announcing an invitation of the top 220 holders of the meme coin. The website further announced that the top 25 holders would enjoy "ultra-exclusive" VIP reception with the crypto president.
Investing in $Trump pays first dividends. This comes as the US President's meme coin saw a significant rise to over 50%.
The key chess move was a post on the meme coin's website announcing an invitation of the top 220 holders of the meme coin. The website further announced that the top 25 holders would enjoy "ultra-exclusive" VIP reception with the crypto president.
The stock market rebounds for the second straight day. This comes as U.S Treasury Secretary reassured the U.S continues to be committed to the global trade market and its position in it. A sigh of relief for investors and traders.