To The Moon

$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

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

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

Well well

$iShares Bitcoin Trust(IBIT)$ 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

$Coinbase Global, Inc.(COIN)$ 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]

$Coinbase Global, Inc.(COIN)$ 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

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

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

$iShares Bitcoin Trust(IBIT)$ 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

$iShares Bitcoin Trust(IBIT)$ 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

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

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.

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

$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

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

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

Digital currency History. On Wed, 10 Jan 2024, the Securities and Exchange Commission (SEC) finally granted approval to Spot Bitcoin ETF, after a 10-years tussle. Backed by Wall Street, this key regulatory step is expected to drive significant investment in the digital currency. In one big swipe (much to everyone’s surprise), the SEC approved all 11 Spot Bitcoin ETF applications, no holding back on any of the fund houses’ applications etc.. Up until this highly anticipated approval, only Bitcoin Futures ETFs had SEC’s approval. The 11 institutions who received approvals and could start trading as early as Thu, 11 Jan 2024 are: Blackrock's iShares Bitcoin Trust (IBIT) - to be launched soon ARK 21Shares Bitcoin ETF (ARKB) WisdomTree Bitcoin Fund (BTCW)

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

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

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.

With SEC announcing the approval of some Spot Blockchain ETF after market close yesterday (10 Jan 2024), we should see more institutional adoption. What we have seen so far, institutional adoption has driven higher correlations between crypto and other risk assets. Most crypto evangelists have had a long-standing infatuation for correlation, or the absence of it. Bitcoin had been touted as a safe haven asset, uncorrelated from traditional stocks, bitcoin is supposed to be a hedge against the excesses of Wall Street. Correlation have been used as a historical indicator by nature. Investors have used correlations to keep them informed about the relationship between financial assets and indices. If the price of two assets rises in lockstep, they are said to be positively correlated, with a co

After a long wait for more than 10 years since the first filing, the SEC has finally approved a spot bitcoin exchange-traded fund (ETF). A total number of 11 Spot Bitcoin ETFs was approved, these has began trading on Thursday (11 Jan), have you invested in any of them? I personally think that Spot bitcoin ETFs are the best option on the fund market for bitcoin investors, especially for investors who does not want to hold Bitcoin as crypto currency. Moreover, the price of Bitcoin has been very high, unlike 10 years ago. Allow me to share a very brief explanation of what is a Spot Bitcoin ETF, it is basically refer to ETF that holds bitcoin, the performance of these ETFs should follow bitcoin prices closely, minus fees and the fund’s trading costs. A spot price refer to price of a security t

The quest for a spot bitcoin ETF in the US started in 2013 though initially rejected. SEC approval for bitcoin ETFs based on futures began in 2021.$BlackRock(BLK)$ and Fidelity’s application for a spot bitcoin product gained momentum due to their influential positions in the US financial system.All these efforts made the approval possible in 2024.What are the advantages of spot Bitcoin ETF for retail investors?It introduces additional regulatory safeguards, providing a more secure investment environment.Investors gain the opportunity to invest through reputable financial institutions, adding a layer of credibility to the market.This simplifies the investment process, as investors can hold the ETFs directly in their brokerage accounts.Howe

SEC approved Bitcoin spot ETF on January 10 urgently , and these 11 ETFs began trading on January 11.Since 2013, several asset management companies have applied for Bitcoin ETFs, but the SEC rejected them on the grounds that they are easily manipulated by the market. However, Bitcoin ETFs were not just approved now. The SEC had already approved Bitcoin futures ETFs in 2021. $ProShares Bitcoin Strategy ETF(BITO)$ is the first Bitcoin futures ETF approved by the SEC, with a trading volume of about $1 billion on the first day.The core difference between futures ETFs and spot ETFs lies in the underlying assets. However, futures ETFs have two issues:Tracking errors andhigher costs due to the loss from long-term contract extension. Therefore, futures ET

Are you a HODL or a FOMOer?Just Hodl! | Bitcoin, Social app, InvestingThe BTC spot ETF was approved and a milestone was reached. I have added several ETFs to my watchlistBlockchain investors and practitioners are rejoicing and excited!I remember my colleague, who with a doctor's degree sat next to me had strongly advised me to buy some Bitcoin in the year of early 2017, I was also fortunate enough to get chances to talk with some believers and friends from the blockchain circle.However, because my family's main funds at that time were prepared to buy real estate, there wasn't much idle cash for risky investments. So I missed out on joining and with it all the big upswings that followed.Price of crypto in FOMO amidst hopes for Bitcoin ETFsThe wise saying still rings in my ears: You can only

🌟🌟🌟A new era has dawned with the approval of the first ever spot Bitcoin ETFs on Wednesday and trading begun in earnest on Thursday. There were 11 ETFs that opened for trading on  Thursday and the trading volume was USD 4.7 billion, far exceeding the USD 4 billion that analysts had been expecting. What is a Spot Bitcoin ETF and why is it a game changer for the crypto markets? A Bitcoin ETF is an investment fund that tracks the performance of Bitcoin.  It is a way for small investors like me to gain access to the value of Bitcoin without direct owning it.  A Bitcoin ETF increases the credibility of Crypto as an asset class whereas in the past, Bitcoin maybe regarded  as dicey and unreliable.  It also means that I do not have to worry about storage of my Bitcoin

Previous Session: The Securities and Exchange Commission (SEC) approved the first Bitcoin exchange-traded funds (ETFs), marking a significant milestone for investors. Despite this announcement, the price of Bitcoin remained relatively stable, suggesting that the news was already priced into the market. SEC Chairman Gary Gensler emphasized that this decision was influenced by legal rulings and cautioned investors about the risks associated with the cryptocurrency. $CME Bitcoin - main 2401(BTCmain)$ ETF bitcoin Key Events of the Day: The day was marked by the vice president of the European Central Bank warning of a potential downturn in the eurozone in the fourth quarter. In the United States, stock markets advanced ahead of the fourth-quarter

Hi Tigers,The SEC has officially approved all 11 applications from spot bitcoin ETF issuers, marking a potential watershed moment for the crypto industry and making it easier for institutional investors and consumers alike to invest in the biggest digital asset.• ARK and 21Shares: $ARK 21Shares Bitcoin ETF(ARKB)$• Bitwise: $Bitwise Bitcoin ETF(BITB)$• BlackRock (iShares): $iShares Bitcoin Trust(IBIT)$ • Fidelity: $Fidelity Wise Origin Bitcoin Fund(FBTC)$• Franklin: $Franklin Bitcoin ETF(EZBC)$• Grayscale: $Grayscale Bitcoin Trust (BTC)(GBTC

After the entire drama on Bitcoin etf being approved. The aftermath is laughable.  Let's look at Bitcoin: Where oh where is the rally?  Then we look at $Coinbase Global, Inc.(COIN)$  Post market rally is also laughable.  The crypto bulls has been portraying the approval as "water shed", major impact to Bitcoin. If so, where's the rally? Prior to the approval, I have short Feb $140 call position, I decided to roll it to Mar $150 call to defend against big rallies and still added short $110 put as good measure.  I had anticipated that the event would end up being a buy on rumour and sell on news event. Likely short rally before reverting back to norm or even bearish.  Why so? Crypto mark

$VanEck Bitcoin Trust(HODL)$  **June's Trading Odyssey with Her Loving Stepfather 📈💖** June's journey into the world of ETF trading unfolded under the gentle guidance of her loving stepfather. A seasoned trader himself, he imparted valuable lessons about the intricacies of the financial markets, focusing particularly on the significance of understanding fees when buying ETFs. 🌐💰  **The Fee Factor in ETFs: A Lesson in Financial Precision 💸** As June delved into the realm of Exchange-Traded Funds (ETFs), her stepfather emphasized the critical role fees play in investment decisions. ETFs, designed to track various market indices, entail fees that investors must pay for the management and operation of the fund. These fees, commonly known as

$ARK ETF(ARKB)$  PCT: Tools To Help Your BTC Decisions V10.0 . PCT = Pandas Coffee Talk. Warnings: Google AI: Analysts seem to be saying BTC will sell on good news 42000.00USD drop to 30000.00USD. Then will rally to 150000.00 by 2025. True or false predictions? So you want to invest in BTC Spot ETF like ARKB. But clueless to start? Here are some Free Tools to help you to make better decisions when to enter & exit. So you don't enter BTC wrongly at wrong market timings. Tool1: iPhone Stock App. Put in key tickers like BTCUSD GLD QQQ. Set your iPhone Home Screen to display these 3Tickers every day. When you free to scan your locked screen. You will know where the money is flowing in-out where & when. Jim Roger Commodity Guru: go wh

Here are 10 predictions from a boomer in his 3rd crypto cycle (nfa or whatever) about what will happen in 2024/25. i would love to hear your predictions as well. fire away, no cold takes here. let it rip. fwiw i sold way too early my first cycle and way too late in my second 1. Boomers will be able to buy the corn easily and $CME Bitcoin - main 2401(BTCmain)$ price will simply go up. there is not enough corn to go around. we see bitcoin >$100k and most alts/L2s, trash or not, absolutely rip. if you’ve been in the mud grinding on dexs and survived the bear market with your capital you’re probably gonna 10x your bag in the next 24 months whether you like it or not. $Invesco Galaxy Bitcoin ETF(BTCO)$

It's a historic day for Bitcoin. 11 Bitcoin ETFs have been approved in the US. [Miser][Miser][Miser]Here is everything you need to know (and if you should buy)The US has approved 11 Bitcoin ETFs. The US is the biggest market in the world, so this is a big deal. It will do 3 things: 1. validate Bitcoin as an attractive asset 2. make Bitcoin easier to buy 3. bring trillions of $ into BitcoinWhat is a Bitcoin ETF? There are 2 main types of ETFs: Futures ETF = Funds that bet on the future price of an asset Spot ETF = Funds that own the asset itself Bitcoin Futures ETFs were approved in 2021. After a 10-year wait, spot Bitcoin ETFs have finally been approved.A fund will buy Bitcoin (eg. BlackRock). $Coinbase Global, Inc.(COIN)$ will be in charge of st