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*💰 *"Sometimes people use a Stock-to-Flow model to try to value Bitcoin and compare it to gold.
When you do have a halving, you're gonna have half as much over that next year to base your s2f on.
Just by math, if it was worth x, it will be worth 2x"
🏦 Kraken UK Managing Director says he would 'absolutely' like to see a *💰 *bitcoin ETF in the UKBitcoin ETFs should "absolutely" come to the UK, according to Kraken UK Managing Director Bivu Das. In an interview at the Digital Asset Summit in London, Das explained that the world has changed significantly since such products were restricted in the UK in 2021. "And if anything, some of those concerns that the regulators have around protection for retail investors are minimized to some extent if you're not owning the actual asset underneath it."
💰 Bitcoin demand in 🇦🇷 Argentina reaches highest point in nearly two yearsBitcoin remains in demand among Argentines as the ARS has lost fourfold value against the US dollar in the last year, dropping from 0.0049 USD per ARS in March 2023 to 0.0012 USD at present. Argentines' efforts to preserve their savings amid the ongoing decline of their national currency, the Argentine peso (ARS), has resulted in the nation recently hitting its highest demand for Bitcoin in 20 months, according to a recent report.
💰 Bitcoin Is a Top 10 Financial Asset by Market Cap
Bitcoin’s progress as the asset entered the top 10 financial assets in February by surpassing Warren Buffett’s Berkshire Hathaway. A few weeks down the line, BTC’s market cap exceeded $1.4 trillion and surpassed that of Meta and silver, becoming the 8th largest financial asset. The latest declines, though, have halted some of its progress, and BTC is now behind the metal.
💰 Bitcoin futures basis is a bullish indicator for the market, analyst saysThe bitcoin futures basis, the difference between the futures and spot price, has increased to levels not seen since the digital asset's previous all-time high of over $68,000 in late 2021. Strijers said that the disparity between the spot price of bitcoin and its futures price reflects the growing market momentum since the approval of ETFs in January and the expectations regarding the impact of the bitcoin halving.
💰 Nearly $700 Million Liquidated as Bitcoin (BTC) Price Slumps to $67K
After a few consecutive days of charting impressive gains and recording new ATHs, Bitcoin’s price has finally retraced in a violent fashion to a weekly low of $67,000. CryptoPotato reported BTC’s recent ascent that drove the asset from $61,000 to over $73,000 within ten days or so. The latest record came yesterday when the primary cryptocurrency neared $74,000 for the first time ever.
NEW: 🟠 Cantor Fitzgerald CEO says when the halving comes, Bitcoin "is going to start to rally and grow" 🚀
🧊 @community_bot is a Telegram-native toolset for communities.
📝 Overview & beta access: t.me/community_bot/beta
💬 Chat: @communitieschat
Last updated 3 days, 22 hours ago
Turn your endless taps into a financial tool. Join the best Solana swap.
Join
@tapswap_bot
Co-founder @taping_Guru
Last updated 6 days, 7 hours ago