Our CEO, Shubh Varma, was recently featured in Decrypt, offering his analysis on the 2-year low in Bitcoin exchange reserves. While many interpret this as a bullish sign, the increase in leverage and its implications for market volatility offer a more nuanced perspective. Read more here: https://lnkd.in/e2P5QvMQ
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You're new to crypto and you keep hearing about it. So here's a simple to understand write up on the #BitcoinHalving and why it's such an important event. https://lnkd.in/ey7mhEvQ #BitcoinHalving2024
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Bitcoin exchange reserves have plummeted to approximately 2.8 million coins—their lowest levels in years. When the amount of crypto on exchanges decreases, it suggests that people are less inclined to sell. Instead, they transfer their BTCs to cold wallets and custodial wallets and keep them in long-term storage. Generally speaking, the amount of crypto assets stored on exchanges has an inverse relationship the the price. When one goes up, the other is probably going down—and vice versa. Read my full comment on the Bitcoin exchange reserves for Decrypt below: https://lnkd.in/eHu_uDf5
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Collapsed bitcoin exchange Mt. Gox is about to unload $9 billion of coins onto the market. Here’s what it means https://lnkd.in/dwqVNAYa
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In this issue of Coin Metrics’ State of the Network, we understand the significance of the halving, its impact on crucial stakeholders in the ecosystem & potential effects on #BTC’s price as the 4th Bitcoin halving nears. Read it all here: https://hubs.li/Q02s_rrD0 #PutTruthtoWork
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Aki Balogh, the founder/CEO of DLC, shares his insights on the transformative potential of dlcBTC. DLC.Link leverages Discrete Log Contracts to offer a trustless, self-custody solution for Bitcoin in DeFi, sidestepping bridge and custodian risks. This innovation not only secures your Bitcoin but also unlocks new avenues for yield generation across EVM networks. ?? Learn more on the details of how DLC.Link is changing Bitcoin's role in DeFi here: https://lnkd.in/ga3THGPU
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Is Bitgert Coin Positioned to Shine Post Bitcoin Halving??? To Know More?? https://lnkd.in/gDihQYVc #BitcoinHalving #Bitgert
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Pleased to share my insights in Decrypt's recent article by Adrian ?mudziński on the drop in Bitcoin exchange reserves, now at a 2-year low. While this might seem like a positive sign, it's important to look beyond the surface. We’re seeing increased leverage in the derivatives market, raising potential concerns about volatility in the near term. Check out the full article here: https://lnkd.in/eKZPFi7P
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?? Did you know that fears of a massive sell-off from Mt. Gox may be exaggerated? According to a recent article by The Cryptonomist, the distribution of Bitcoin from Mt. Gox may not have as big of an impact on the market as previously thought. This news has sparked a lot of discussion among traders and investors alike. ?? With the constant ups and downs of the crypto market, it's reassuring to hear that there may not be a flood of Bitcoin hitting the market from Mt. Gox. This could potentially stabilize prices and prevent panic selling among traders. ?? What are your thoughts on this news? Do you think the distribution of Bitcoin from Mt. Gox will have a significant impact on
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Collapsed bitcoin exchange Mt. Gox is about to unload $9 billion of coins onto the market. Here's what it means https://lnkd.in/e6gT6VpY
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?????? Breaking News! The German government makes a bold move by buying back €111 million worth of #Bitcoin. What does this mean for the crypto landscape? Dive into our full analysis! Read More ?? https://lnkd.in/envjXC8C . . . . ?#CryptoNews #BitcoinInvestment #CoinChapter #cryptocurrencytechnicialanalysis #cryptocurrencynews #Germany #marketnews #marketupdate
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