09 Feb: Blow Off Top?!


"Everything that irritates us about others can lead us to an understanding of ourselves."
 –Carl Jung

Powered by Wubits - better than X because it's real people, real connections, and real conversations.

Top Performing Assets (24 Hours): $BTC 5.67% | $SOL 4.18% | $ETH 3.57% 

READ

It's Frriiddaayyy Folks! Bitcoin is trading up at $47,372 and has just exploded since yesterday; as this the blow off top for this run? The news continues to be weak to be honest but there really isn't much going on except the price.  

SUMMARY

Yesterday, it appears that Bakkt was going bust.(6) Today, once the journalist wake up they will be talking about this run $BTC has taken in the past couple of hours. 

Bitcoin nearly hit $48,000 on Friday morning to nearly double in price over the past year; ANALyst predict $50K this weekend. Crucial Bitcoin statement issued by Samson Mow: 'Supply will never meet demand.' The Group of Nine spot bitcoin ETFs have accumulated 200,000 $BTC in less than one month of trading.

Ether call options concentrate at $4,000 for June expiry on Deribit. Despite the recent network outage, SOL pushed through the $105 mark, while its ecosystem is peaking at nearly $1.8B.

MID-DAY

Bitcoin shorts should brace to ‘get squeezed’ as BTC price eyes $50K. New York Attorney General triples estimated size of alleged fraud in case against DCG.(3)

Ethereum cofounder Vitalik Buterin has introduced an innovative solution to combat the rising threat of deepfake technology.

EVENING

Ethereum network strength, macroeconomic factors back ETH’s rally to $2.5K. Standard Chartered: Looking forward, Kendrick estimates there will be a net inflow of $50 billion to $100 billion into spot ETF funds this year; potentially pushing the Bitcoin price to $100,000 by the end of 2024 and $200,000 by the end of 2025.

WATCH

LISTEN

Podcast of the Day: #1308 Travis Kling | Bitcoin Saves The World From Speculation | TPP

All Podcast

How do you rate this article?

43


TheCryptoCurator
TheCryptoCurator

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


The Crypto Curator
The Crypto Curator

I've been exposed to the world of crypto since 2011. Now I use my knowledge to curate the most relevant news articles, podcast, videos, blogs and social media information to help you be in the know in Crypto!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.