Netcoins Insider ??: The Netcoins Widget, Bitcoin Tips on X, and More!
Netcoins
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?? Market Movers
Over the past 24 hours, the crypto market has surged by 2.56%. BTC maintained its upward trajectory, posting a 0.45% gain today, contributing to a substantial weekly increase of 21.88%. Similarly, ETH saw a positive uptick of 1.24% today, driving its weekly gains to 16.32%.
Among the top gainers today, SHIB led the pack with an astounding 35.85% surge, followed by DOGE, up by 17.77%, BAT by 15.26%, and CHZ by 13.77%.
Some notable weekly gains include SHIB, soaring by 77.33%, DOGE by 64.12%, MANA by 42.59%, and SAND by 38.42%.
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??Home Screen, Meet Crypto Prices
Here is a reminder that our Netcoins widget is here to keep you in the loop on all things crypto! With our widget, you can easily track your favorite cryptocurrencies' prices and 24-hour percentage changes right from your home screen. Whether you're a seasoned trader or just getting started, this tool is a must-have for staying informed. Customize up to 6 coins with your preferred base currency and never miss out on important price movements again! Watch the demo here for step-by-step installation on your mobile app.
??Bitcoin Tips on X
Did you know you can now tip with Bitcoin on X? It's a game-changer for content creators, offering a direct way for their audience to show support. With this feature, users can seamlessly send tips through supported payment services, making transactions efficient. Plus, Lightning Network-Enabled Strike provides a user-friendly experience, making Bitcoin tipping accessible to everyone. Say goodbye to complicated transactions and hello to a new way to support your favorite creators!
OTC Desk Insights
The recent surge in meme coins, highlighted by DOGE and SHIB boasting gains of 40%-50%, has ignited discussions among analysts, with K33 Research pointing to a potential altcoin season on the horizon. This rally, reminiscent of late 2020 trends, suggests that Bitcoin's dominance may face challenges as altcoins display signs of outperforming. While Bitcoin continues its bullish ascent, nearing its previous all-time high and witnessing strong inflows into spot ETFs, the broader crypto landscape hints at a significant shift. According to Swissblock analysts, Ethereum surpassing the 3,500 USD mark is deemed the crucial signal for the commencement of altcoin season. The recent meteoric rise of meme coins like DOGE, SHIB, PEPE, and BONK, boasting gains of up to 50%, also serves as an early indicator of this anticipated altcoin rally.
Meanwhile, the launch of BlackRock's iShares Bitcoin Trust ETF (IBIT) in Brazil, following its success in the U.S., underscores the growing global interest in crypto investment. This shift gains further momentum as the crypto investment landscape witnesses a pivotal transition from Grayscale to Bitcoin ETFs. Notably, GBTC has experienced substantial outflows, while ETFs like IBIT attract billions in investments, crossing the $10 billion mark in assets under management.
Happy trading.
Feel free to contact our OTC Trading Desk to learn more.
Andrew Bulman
This newsletter is meant as general information and is not to be taken as financial advice. Independent research should be conducted before purchasing Cryptocurrency, or any other investment.
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