Author: 12angryinvestor

SEC may opt out of voting on spot Bitcoin ETF and this looks quite positive. Cryptocurrency investors have been eagerly awaiting the decision of the U.S. Securities and Exchange Commission (SEC) on the approval of spot Bitcoin ETFs. Recent reports from some journalists hinted that the SEC would conduct a vote on spot BTC ETFs and announce the final decision post the voting. In the past few minutes, Casey Wagner, a journalist from Blockwork, shared a post on his official Twitter account, shedding light on the rumors surrounding this voting. According to Wagner, the SEC might choose not to conduct…

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Altcoins fall hard as Bitcoin goes to $50000 and this situation may continue for a while. The cryptocurrency market is entering a crucial phase, with all eyes turning to the U.S. Securities and Exchange Commission (SEC). Numerous sources suggest that the SEC is likely to approve spot Bitcoin ETFs between January 8th and 10th, adding an extra layer of excitement and speculation to the already dynamic crypto space. Despite growing interest in Bitcoin in the lead-up to the ETF decision, the pioneer cryptocurrency has yet to witness a significant surge. Bitcoin, having fluctuated in the $41,000 to $45,000 range for…

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Binance added Sleepless AI to margin and futures trading. In a recent development, Binance, the world’s largest cryptocurrency exchange by trading volume, has made an exciting announcement. According to the latest update, Binance is set to list Sleepless AI (AI), an altcoin, for margin and futures trading. Binance, renowned for its dominance in the crypto space, has strategically decided to add Sleepless AI (AI) to its margin and futures trading platforms. Sleepless AI, introduced to the market not long ago through Binance Launchpool, has witnessed an upward trajectory following this announcement. This move by Binance has resulted in a notable…

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Bitcoin Surges to $45000 and this situation brings investors to enthusiasm. The cryptocurrency sector is navigating through critical hours, witnessing notable developments that could impact both Bitcoin (BTC) and altcoins in the coming days. While the beginning of the week seemed unfavorable for altcoins in the cryptocurrency market, recent minutes have brought about a change in the landscape. The steady ascent of the leading cryptocurrency, Bitcoin, is gradually exerting a positive influence on various altcoins. In the latest surge, Bitcoin has reclaimed the $45,000 level, showcasing resilience in its upward movement. Simultaneously, an increase in BTC dominance has been observed,…

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Whale collects this altcoin while Bitcoin ETF is expected. This cryptocurrency may experience new highs. The cryptocurrency market has witnessed volatile movements recently, with both upward and downward spikes in various digital assets. Insights into spot Bitcoin ETFs have naturally influenced not only the primary cryptocurrency Bitcoin (BTC) but also the broader altcoin market. As the SEC is poised to announce its decision on spot Bitcoin ETFs next week, significant fluctuations in cryptocurrency assets are anticipated. Examining the movements of whales, especially their actions concerning certain altcoins, provides valuable insights into the market sentiment ahead of the ETF decision. Whale…

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Hey crypto explorers! Today, let’s embark on a journey through the tech wonderland that is Polkadot. Forget about the usual suspects; Polkadot is like the rockstar of the blockchain world, and we’re about to dive into why. What is Polkadot and how does it work? 2024 DOT price prediction | $200 Is it possible? Now, you might be wondering, what’s under Polkadot’s hood? Well, Polkadot isn’t just a regular blockchain; it’s a multi-chain network that lets different blockchains talk to each other. It’s like the grandmaster conductor of a symphony, orchestrating a harmonious collaboration between blockchains. Polkadot achieves this through…

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Navigating the future of Apple. As Apple continues its remarkable success story, with shares surging 363% in the last five years, many investors are eyeing the prospect of a 2X growth by 2029. However, a closer look reveals challenges that might make this projection more of a stretch than a surefire reality. Apple’s phenomenal performance in recent years can be traced back to robust fundamental growth. Between fiscal 2018 and fiscal 2023, the company achieved a compound annual revenue growth rate of 7.6% and an annualized rise in diluted earnings per share by 15.5%. These impressive figures propelled the stock…

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What is Avax and how does it work? 2024 Avax price prediction | $240 Is it possible? Hey crypto enthusiasts, buckle up because we’re diving into the world of Avax! So, what’s the buzz about? Avax, short for Avalanche, is a blockchain platform that’s been making waves in the crypto space. Forget the usual suspects; Avax is here to shake things up. Avax doesn’t play by the traditional blockchain rules. It uses a consensus protocol called Avalanche, and no, we’re not talking about snowy landscapes. Avalanche allows for rapid transaction confirmation, scalability, and flexibility. It’s like the superhero of consensus…

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FTX collapse creates risk for BTC. Cryptocurrency trading company FTX’s collapse while holding an Australian financial services licence (AFSL) has prompted a parliamentary committee to advocate for increased scrutiny of licence transfers and a thorough audit of current licence holders. The report, released on Monday, highlighted concerns about FTX’s seemingly straightforward acquisition of what was considered a “difficult and highly prized” licence, sparking a call for regulatory reassessment. FTX’s demise in November 2022, coupled with its possession of an AFSL, has raised eyebrows about the effectiveness of regulatory oversight in Australia. The company reportedly sidestepped the conventional process of obtaining…

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Unconventional Bitcoin mining methods are causing great controversy. Cryptocurrency mining is known for pushing the boundaries of innovation, but Stronghold Digital Mining, a crypto-mining company in Pennsylvania, has found itself at the center of controversy. The company’s plan to burn tires to produce bitcoin has triggered outrage among local residents and environmental groups, raising concerns about potential risks and emissions. Stronghold Digital Mining contends that it is repurposing waste materials, specifically coal waste, to generate cheap power for cryptocurrency mining. Since its acquisition of the Panther Creek power plant in Nesquehoning, Pennsylvania, in 2021, the company has been burning coal…

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