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S. O Nana
npub184lm...laqf
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kenso 1 year ago
πŸš€ Bitcoin: Still the Best-Performing Asset After Weak Q3: Despite a "seasonally weak" Q3, Bitcoin remains the best-performing asset of the year, boasting a 49.2% year-to-date gain. πŸ“Š Key factors behind this performance include demand from U.S. spot ETFs and increased corporate ownership by firms like MicroStrategy and Marathon Digital. The upcoming U.S. election is expected to play a significant role in market movements for Q4, with predictions suggesting a bullish period ahead. πŸ—³οΈ image
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kenso 1 year ago
πŸͺ™ Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks 🏠 According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8. In its more than 15 years of operation, the Bitcoin network has witnessed daily transfer records grow annually for nine of the past 15 years. image
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kenso 1 year ago
πŸ’Έ Ethereum's Inflation Threatens 'Ultrasound Money' Status: Ethereum's inflation rate has surged to 0.74%, raising concerns over its status as 'ultrasound money'. ⚠️ The drop in on-chain activity and lower burn rates, particularly due to the rise of Layer-2 solutions like Arbitrum and Optimism, πŸ“‰ has shifted Ethereum's economic status, casting doubt on its deflationary nature. 🧐 image
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kenso 1 year ago
πŸš€Β Bitcoin Hits $62K After US Jobs Report:Β  Bitcoin rose above $62,000Β following an unexpected surge in US job creationΒ in September. πŸ“ŠΒ The rally was influenced by the latest nonfarm payrolls report, which showed the US economy added 254,000 jobs, beating expectations. πŸ“ˆΒ The strong economic data lowered the probability of additional Federal Reserve rate cuts, contributing to the crypto market's upward trend. 🏦 image
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kenso 1 year ago
🌐 Daily Crypto Market Recap: The global cryptocurrency market is currently valued at $2.24 trillion, with trading volume at $122 billion over the past day. Notable gainers include Beam (BEAM) and Aptos (APT), which rose 10.8% and 10.7%, respectively. πŸ“ˆ Meanwhile, Bitcoin appreciated 1.6%, trading at $61,607, while Ethereum gained 1.8%, trading at $2,392. πŸͺ™πŸ“Š image
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kenso 1 year ago
remember to ⚑⚑ my post when posted
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kenso 1 year ago
πŸ”’ Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip ❄️ Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions. image
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kenso 1 year ago
πŸ“ˆ Bitcoin's Recovery Driven by US Financial Concerns: Bitcoin's recent surge is linked to the US dollar's strength and global financial conditions. Despite historically moving inversely to the US Dollar Index (DXY), Bitcoin is showing signs of resilience due to macroeconomic factors. 🌍 A potential economic stimulus in Japan and rising oil prices πŸ›’ could further impact global inflation, hinting at increased market liquidity that may benefit Bitcoin. πŸ’Ή image
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kenso 1 year ago
πŸ†• CNBC says #Bitcoin "could still reach $100,000 this year" πŸ₯‚ image
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kenso 1 year ago
πŸ›‘ Over 80% of 2022 Crypto Startups Still Active Despite Market Chaos: Despite market turbulence and high-profile collapses, 80% of crypto startups that raised funds in 2022 remain active. The infrastructure and CeFi sectors showed the highest success rates, while gaming and metaverse projects faced the highest failure rates. Ethereum remains the top ecosystem for new projects, with Bitcoin-based startups showing remarkable resilience. 🌱 image
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kenso 1 year ago
the market is somehow good today image
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kenso 1 year ago
πŸ›‘ Certik Malicious Actors Stole $753 Million in Q3, Phishing Top Attack Vector πŸ”΄ Malicious actors stole $753 million in the third quarter, with phishing being the most costly attack vector. The report emphasizes the need for stronger security measures and warns users to be cautious of phishing scams. Ethereum and Bitcoin networks were the hardest hit chains, with combined losses exceeding $600 million. Crypto Insight πŸ”Ž image
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kenso 1 year ago
soon or later, there'll be nothing like Iran by the time Israel deal with them.
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kenso 1 year ago
πŸ₯³ Bitcoin Targets $70K as Stablecoin Inflows and China’s Stimulus Boost Rally: #Bitcoin has broken out of its recent downtrend, setting its sights on the $70K milestone. Nearly $10 billion in stablecoins entered the market post-FOMC meeting, contributing to the rally. Additionally, #China's $278 billion stimulus plan could spark a parabolic rally in crypto prices, driving global liquidity. 🌐 image
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kenso 1 year ago
πŸ’­ BlackRock and Fidelity's spot #Bitcoin ETFs did a combined $1.24 billion in trading volume today πŸ’Ž
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kenso 1 year ago
πŸš€ Bitcoin's Window to Reach $100K by Year-End Looks Tight: Crypto analyst Pav Hundal suggests that while Bitcoin may not reach the $100K mark by year-end, it could still hit a new all-time high in the $75K-$80K range by December. Options traders are positioning for strike prices between $90K and $110K for Christmas Eve, indicating optimism despite recent market uncertainty. πŸ“ˆ image
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kenso 1 year ago
πŸš€ Over 80% of 2022 Crypto Startups Still Active Despite Market Chaos: Despite high-profile market collapses, 80% of early-stage crypto startups funded in 2022 are still active, according to Lattice Fund. Infrastructure and centralized finance (CeFi) projects were the most successful, while gaming and metaverse startups had the highest failure rates. Ethereum remains the preferred layer-1 ecosystem for new projects, while Bitcoin-based projects showed the highest resilience to failure. 🌐 image
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kenso 1 year ago
🌍 Bitcoin Drops to $60,000 Amid Global Tensions: Bitcoin fell 3% to $60,000 following rising tensions after Iran's missile strikes on Israel. The crypto market remains sensitive to geopolitical events, causing fluctuations in investor sentiment and asset prices. πŸ“‰ image
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kenso 1 year ago
πŸ‘₯ Bitcoin ETFs Bleed $242M While Ethereum Funds Follow With $48M in Losses ➑️ On Tuesday, bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading. image
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