NVIDIA shares added $276.63 billion in value in just two days.
For understanding: the entire capitalization of Ethereum is $352 billion.
In total, 7 leading securities on the American market yesterday made their investors +$549 billion. This is more than 50% of the value of the entire altcoin market in the world.
💸 Donald Trump's largest asset, the TRUMP memecoin, is now worth over $2 million!
TRUMP (given to him by the developers of the token) grew 300 times from $7.1 thousand to $2.11 million - now Trump has more TRUMP in his wallet than ETH and WETH combined.
💸 Another $30 billion of capital will gain access to Bitcoin ETF - link
Carson Group, a leading financial advisory firm in the US, has approved four BTC-ETFs for its investment platform: BlackRock, Fidelity, Bitwise and Franklin Templeton.
This move will provide access to an additional $30 billion of capital into the cryptocurrency market.
#opinion 📈 Experts note that Bitcoin is in a critical range between two significant supply zones! - link
▫️First zone (support) from $50,000 to $51,570, where 1.3 million addresses hold 670,220 #BTC.
▫️The second zone (resistance) is between $51,640 and $53,200, where 752 thousand addresses hold 351,600 #BTC.
If Bitcoin manages to break through resistance, we could see a bullish move towards $57.130. Conversely, if the support zone does not hold, we may see a correction to $47,700. $BTC
JPMorgan analysts believe that the main factor behind the growth of the cryptocurrency market in February 2024 was ordinary retail investors, that is, not large companies or funds.
According to Nikolaos Panigirtzoglou (he could barely speak when he wrote), the activity of capital holders is due to the approaching Bitcoin halving in April, the Dencun update on the Ethereum network, as well as the possible approval of new ETH ETFs in the US in May.
It’s up to everyone to believe analysts or not, but personally I fundamentally disagree with this thesis. Having studied all the metrics, you can see that miners and short-term investors were actively selling coins while the ETF was raking them out of the market in batches.
The decentralized exchange Uniswap's native token, UNI, jumped more than 50 percent this evening.
The reason is the proposal of representatives of the Uniswap Foundation to change the commission mechanism in Uniswap Protocol Governance, due to which part of the income from them will be distributed among UNI holders who staked and delegated their tokens. $UNI
💵 Tether published its financial report for the fourth quarter of 2023:
⚫️ Record fourth-quarter net income of $2.85 billion. ⚫️ Annual net profit in 2023 will be $6.2 billion. ⚫️ Excess reserves registered a record high increase of $2.2 billion, amounting to $5.4 billion. ⚫️ Cash and cash equivalents account for 90% of all tokens issued. ⚫️ A new record level of both direct and indirect ownership of US Treasuries reached at $80.3 billion. $USDC