🚨 GBTC Sells 605 #Bitcoin ($39m)
+ Grayscale sells $288M ETH
Expect ETH/BTC to 🔻 if this continues.
Fear & Greed Index - Jul 26, 2024:
Today: 68 (Greed)
Yesterday: 68 (Greed)
Avg. 1W: 71 💸
Avg. 2W: 61 🤑
Avg. 1M: 48 😕
Avg. 2M: 58 😁
Avg. 3M: 61 🤑
Avg. 6M: 67 🤑
Avg. 1Y: 63 🤑
🔸 #Bitcoin
Price: $65,809
24h Low: $63,515
24h High: $66,041
MC Change: $7.8B (0.6%)
Dominance: 52.7%
24h: 0.7%
7d: 2.9%
14d: 14.8%
30d: 6.3%
60d: -3.9%
200d: 49.9%
1y: 125.3%
#Bitcoin Rainbow Chart 🌈
The price rose and is trying to return to the green zone.
A guess for an eventual market cycle top would be the light yellow green zone. ($120k - $160k).
Just a guess, in the end no one knows what will happen in the future!
It's hard to hear over the sound of freedom!
JUST IN: 🇺🇸 Donald Trump raises over $4 million in Bitcoin and other cryptocurrency campaign donation.
Very good days. Here is everything you need to know to start this informed Thursday:
🔵 $100 million left Ethereum ETFs on its second day. Although the ether ETF issued by Grayscale is the only one with net capital outflows, it exceeded this Wednesday's inflows.
🔵 Hashdex requests authorization to launch a combined bitcoin and Ethereum ETF. If approved by the SEC, this ETF would be listed on the Nasdaq market.
🔵 2 Argentines launched the "Wall Street" based on bitcoin. Roxom will include a BTC-priced equity, debt and futures market.
If you have to send BTC or ETH, we tell you that the commissions on both networks are below 1 dollar for high priority.
7D #Bitcoin Hashrate hits NEW ALL TIME HIGH of 661,000,000,000,000,000,000 hashes/s!
📈7/24 Bitcoin ETF Net Flow:$ +44.2 million
BlackRock $IBIT: $ 65.7 m
Grayscale $GBTC: $ -26.2 m
Fidelity $FBTC: $ 1.4 m
Bitwise $BITB: $ 0 m
Ark $ARKB: $ 3.3 m
Invesco $BTCO: $ 0 m
Franklin $EZBC: $ 0 m
Valkyrie $BRRR: $ 0 m
VanEck $HODL: $ 0 m
WisdomTree $BTCW: $ 0 m
7/24 $IBIT net flow +1,000 BTC ($+65.7 million)
Volume traded: $0.9 billion
BTC bullish traders are better positioned for Friday's options expiry
Bulls hope to take big profits from Friday expiration now that Germany and Mt. Gox wallets have been emptied
NEW: 🟠 Fox Business mentions Trump may announce a #Bitcoin strategic reserve at the Bitcoin Conference 👀
https://video.nostr.build/4558b7a09076763ef89eb77c3c01fb79ec23294a686c6d32123cc4be58078283.mp4
NEW: 🟠 Lightning Labs announces the first mainnet release of multi-asset Lightning aiming to be the global, interoperable financial layer ⚡
Allowing low fee asset transfers, bringing trillions of stablecoin volume to #bitcoin 👀
⚡️ ProtonMail Launches #ProtonWallet The Self-Custody Crypto Wallet 🚀
A bowl in eruption 🌋 #inkblotart
#Bitcoin Has now consolidated at the previous cycle's high for 141 days.
This is by far the longest time it has taken to fully break through a previous all time high.
On the other hand, $BTC reached the all time high before the halving this cycle which was much faster.
#Bitcoin network hashrate has been recovering lately along with the price increase.
The drawdown is now 5% compared to almost 9% a few weeks ago.
🟢🔵BITCOIN HASH-RIBBON FLASHES BUY SIGNAL
- This is one of the most reliable "buy" indicators.
- Significant price gains have followed 7 out of 8 times this indicator was triggered.
JUST IN: 🇪🇺 Ferrari to accept Bitcoin & Ethereum payments in Europe.
The average purchase price for new whales is $64K. The guys are in no rush, just methodically buying up coins.
