Halving will affect miner's rewards from mining BTC. Therefore, market needs to see the expansion plans of miners or BTC has to doubled from current price to improve the sentiment towards crypto miners.
I think the tweet was done by SEC but released a day early. I still think the first spot BTC etf will be approved today. The current drop in BTC is just manipulation to shake out the weak hands. It should recover later.
Asking the wrong question.. You should be asking "WHEN will BTC break $50,000 in Jan 2024? 😁 Even if the Spot ETF is rejected for ARK on 10 Jan..mkt will still look forward to BlackRock ETF result in Mar and BTC halving in Apr.
Sorry apes for the hard truth but AMC is basically a Pump N Dump stock now. It will never reach the heights of Jun 2021 again. If you have a good unrealised profit from it now, better take it 😉
It will get approved..eventually. Cryptocurrency won't be going away.
Partnering With Coinbase Could Hinder Bid for Bitcoin ETF Approval
Partnering with Coinbase Global may hinder rather than help Nasdaq's bid to win regulatory approval for a bitcoin exchange-traded-fund it wants to launch with BlackRock.Nasdaq last month filed a propo
My current YTD result for this small account. I'm mainly a day trader. For this year, I'm testing out what I can achieve if I'm not too greedy. My profits are usually 1-3% for every trade. But of course I would hold a position longer if momentum is strong. I usually trade momentum/hype stocks for a particular day. Hope to improve or at least maintain the consistency on my ROR in the 2nd half of the year. Happy trading! [Grin]
No idea. Market goes where it wants to go. There is no point in analysing it..lol But of course a lower CPI can only fuel the optimism that a bull market is returning. It is quite difficult to justify more rate hikes based on recent CPI figures. However I think the FEDS may just raise interest rates by 0.25 for 1 last time.