Finally Approved! Will You Invest in Spot BTC ETF?

SEC approved 11 bitcoin ETFs. The spot bitcoin ETFs are expected to begin trading on Thursday. Spot Bitcoin ETFs offer retail investors a convenient avenue to invest in cryptocurrency assets. -------------------------- Will you invest in spot BTC ETFs? Among 11 ETFs, which one is your pick? Will miner companies fall after ETF being approved?

Why $MARA with a 9% red to green move

$950k $Marathon Digital Holdings Inc(MARA)$ position. News just dropped that $MARA is targeting 50 EH by EOY. This is massive. My only regret is that I didn’t buy more. This position will be worth over 2 million within the next 1-2 months. Don’t fight the trend. $Marathon Digital Holdings Inc(MARA)$ Weekly: Bullish reversal candled after breaching the 30 week MA…otherwise known as the “Trap + Send”@AlemzadehCLook at the below charts, tell me your target price?@cryptocantoncat@MarketMaestro1
Why $MARA with a 9% red to green move

[ICYMI Due to NY] Coinbase Q4: Regained Profitability, New Markets

In its earnings release for Q4 2023 and the full year, Coinbase ($Coinbase Global, Inc.(COIN)$ concluded its introduction by contending that it is a fundamentally stronger company today than a year ago, which is in a strong financial position to capitalize on the opportunities ahead. Fiscally, this is true as line item trends relative to the company’s net revenue exhibit: While technology expenses remain high, they’re about a billion dollars lower than in 2022. The business has always has a high throughput between revenue and net income except for 2022 where high technology expenses were incurred. In 2023, technology expenses are relatively lower than in the previous enabling pass-through to resume again. Trends in crypto volumes and investor seg
[ICYMI Due to NY] Coinbase Q4: Regained Profitability, New Markets

Crypto Stocks and ETFs That Will Soar The Highest Amid Bitcoin’s Halving event

Institutional demand driven by Bitcoin ETFs will bring “new highs in 2024,” With halving just a few months out, all eyes are on Bitcoin miners’ performance. The crypto sector is primed to pop and picked two key mining stocks for investors to get exposure. It is time to really consider “Buy Bitcoin — and its miners.” As of now, most of the US-listed miners look relatively well positioned. The halving which is slated for April 20, will see the Bitcoin network cut the rewards it doles out to miners by half. Miners receive rewards – today, it’s 6.25 Bitcoin – for maintaining the network and verifying transactions. These outfits will essentially be expected to continue the same work for less reward, tightening the field and putting pressure on any inefficient miners. The event occurs every four
Crypto Stocks and ETFs That Will Soar The Highest Amid Bitcoin’s Halving event
Well well
avatarsadsam
01-16
$iShares Bitcoin Trust(IBIT)$ 3X by 2026 based on long term pattern of BTC. Question remains whether the ETF brings in additional volume to pump the price to the stratosphere and soften any landings.... or the likes of Blackrock simply ruin this space.
At the time of writing, bitcoin is trading at $42,561, down 0.70% in the last 24 hours. If the price manages to go below the $41,890 mark then the price will likely test $41,100. The newly issued iShares Bitcoin Trust ETF $iShares Bitcoin Trust(IBIT)$ from financial...Image
After major "sell the news" event and panick sellers following, chart is headed back up and still over a 20x back to ATH. The future is still bullish and pushing hard. $iShares Bitcoin Trust(IBIT)$ will be everywhere 2024, and the ones who continue to work understand this .[Cool][Cool][Cool]Image
$iShares Bitcoin Trust(IBIT)$ I want to share my investing holdings with you!4,600,000 shares1750 shares per Bitcoin11,439 Bitcoin in ETF (more shares to be issued)= Excellent LiquidityA Summer To Remember Wave GIF by Hallmark Channel
avatarYNWIM
01-16
$Coinbase Global, Inc.(COIN)$ Now that the sell off caused by etfs has settled down its only up from here. An increased flow of money into bitcoin and more trades being made, coin is going to have a stellar earnings. Along with the SEC case finally progressing we have two big catalysts and plenty of upside to support that![Cool][Cool][Cool]
avatarXianLi
01-16

COIN: HUGE POTENTIAL TO BUY!

$Coinbase Global, Inc.(COIN)$ My understanding is: the fees from functioning as custodian will be a drop in the bucket in terms of the overall revenue for coinbase; in the future the ETFs will diversify their custodians for safety; the ETFs draw trading from coinbase; the legal battle with the SEC threatens a third of the coinbase revenue. I also want to add, the current price of COIN is exceedingly high with regard to its growth potential.Party Fun GIF by Conner Prairie
COIN: HUGE POTENTIAL TO BUY!

Smaller Crypto Miners Might Turn to M&A for Survival If Bitcoin Went Into Bear Market?

We have seen the Bitcoin bear market happened in 2022, bitcoin prices have tumbled and margins have shrunk. Bitcoin network’s hashrate is hovering around all-time highs and operating costs are higher due to rise in energy prices – leaving miners in a very tight spot. Back to 2024, where we have seen similar pattern where has hit around all-time highs in last week of 2023 and also early 2024. This could mean a falling bitcoin price means miner margins are compressing, margins have also been declining because Bitcoin’s network mining difficulty is increasing” as more miners are joining the network. Companies that have already survived the previous down market and have enough capital and a sound business strategy will be able to survive this cycle. There are some signs of declining hashrate
Smaller Crypto Miners Might Turn to M&A for Survival If Bitcoin Went Into Bear Market?
I will choose BITB!! BTC to the moon. Let's see in April on the halving of BTC... 
Go go go Crypto!!! BTC to the moon!!!
hell no! crypto == gambling
avatarXianLi
01-15
$iShares Bitcoin Trust(IBIT)$ Over 7.5 million shares of IBIT (Blackrock's Bitcoin ETF) traded in the first 10 minutes of existence. Trading at 28.60, which is up 9.5% from the pre-market struck NAV of 26.12. Yes, there is demand.[Miser][Miser][Miser]
When $iShares Bitcoin Trust(IBIT)$ really begins, It will be everywhere you turn. This is nothing compared to what's coming. All will see who the 2024 ticker truly is.I am fully bullish on the Trust! Trust ME!Image

IBIT: What's Going on Next?

$iShares Bitcoin Trust(IBIT)$ This fund has no ability to change the price of bitcoin. $100 trillion could come in to ibit on Tuesday and they will just issue shares to maintain peg to bitcoin price. Now, if $100 trillion came directly into purchasing bitcoin then this fund would “moon.” It’s far more important to watch what the boys over at CME futures are doing and even more important than that to watch what bitcoin itself is doing. Imagine, there is a river behind you. You can easily turn around and look at the river yourself. You can pick up some pebbles and toss them in the river to make some ripples. You see there are also crocodiles in that river. You can’t control them and they make bigger ripples of their own. Bu
IBIT: What's Going on Next?

Be A Winner Not A Victim Of 'Sell the News' Rout

Previous landmark events such as Coinbase's stock exchange listing and ProShares' futures-based bitcoin ETF debut happened near market tops. We have seen how bitcoin crypto miners stocks went down with $Marathon Digital Holdings Inc(MARA)$ dropping more than 15%. The massive hype over the bitcoin ETFs approved this week gave way to a massive rout. At the time of writing, Bitcoin had been going down below $42,000, after we saw Bitcoin go up as high as $46,000 earlier Friday and surged to a two-year high of $49,000 on 11 Jan (Thursday), when bitcoin ETFs began trading in the U.S. Shares Of Custodian - Coinbase (COIN) - Loses More Than 7% $Coinbase Global, Inc.(COIN)$ which provides vital custody services
Be A Winner Not A Victim Of 'Sell the News' Rout
avatarAh_Meng
01-15

Bitcoin ETFs and its implications

Bitcoin ETFs cross the line, as we know it.. at US market close on 10 Jan 2024, to be exact and started their first day of trading on 11 Jan 2024. The price of Bitcoin has recovered spectacularly from 2022's scandals-triggered struggles due to the heightened expectations of Bitcoin ETFs SEC's approval.  What does the ETFs approval mean for Bitcoin and Bitcoin related themes? Where will Bitcoin go from here? The SEC's Bitcoin ETFs approval seems foregone conclusion after Grayscale's successful court challenge against SEC in August 2023. Just see how the price of Bitcoin really took off from early September 2023 followed this ruling.  It has in fact more than doubled within 4 months! It is obvious that speculators ('investors' to others) have already priced in the approval event.
Bitcoin ETFs and its implications
avatarmgjk88
01-14
No I will not be investing in Bitcoin Spot ETFs for several reasons: 1) If I were to want exposure to Bitcoin, I would simply purchase the cryptocoin myself instead of an ETF with an expense ratio that reduces my profit. 2) The idea of investing in a currency for growing wealth, albeit fiat or crypto, does not make sense to me. It would be akin to me wanting exposure to the US Dollar or the Japanese Yen. Currencies are not income generating and their value is equivalent to the demand for the currency. Since their value is not tied to something concrete such as a product or service, I think that the value of bitcoin is purely speculative and has no place in my portfolio. This is just my opinion and is not investment advice. You should perform your own research before purchasing any sec