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LSE Ready to Accept Bitcoin ETN Listing Applications

LSE Ready to Accept Bitcoin ETN Listing Applications

The London Stock Exchange (LSE) has disclosed its readiness to accept applications for listing cryptocurrency products, including Bitcoin and Ethereum Exchange Traded Note (ETN) products, paving the way for trading to begin as early as the second quarter of this year. BREAKING: Breaking: LSE Confirms Readiness To Accept Bitcoin ETN Listing Applications#Bitcoin #BTC $BTC — […]

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Bitcoin (BTCUSD) remains volatile despite current correction BTCUSD remains in a correction phase with much volatility BTCUSD continues to navigate a correction phase characterized by significant volatility. Having reached an all-time high of ,840 on March 14th, the cryptocurrency encountered resistance at this level, initiating a corrective movement that retraced to the previous all-time high and subsequently declined further. Notably, the ,000 price level has been a focal point of heightened volatility as the market seeks to establish stability. BTCUSD Key Levels Supply Levels: ,000, ,000 Demand Levels: ,000, ,000 https://www.tradingview.com/x/r5w2dkKS/ While the Bitcoin market undergoes a correction following its recent surge, it concurrently experiences elevated levels of volatility, reflecting the rapid fluctuations in price during this period. Investors are eagerly anticipating a stabilization phase that would enable buyers to regroup and regain momentum. Crypto signals from the Average True Range (ATR) indicator on the daily timeframe highlight the current heightened volatility levels, persisting despite the ongoing correction phase that has lasted for over a week. Conversely, the Elders Force Index (EFI) illustrates the impact of the correction phase, with a drop below ,000 resulting in a negative value, followed by an upward reversal as the price recovers above this critical level. https://www.tradingview.com/x/zEHFVsmr/ Market Expectations On the 4-hour chart, the price descended within a channel to ,675 before correcting upwards to break out of the channel, pushing the EFI line above the equilibrium. The current price is positioned at a confluence of the channel's upper border and the ,000 level, potentially offering crucial support for bulls to initiate an upward rally. However, the ATR indicator suggests that volatility remains high, adding an additional layer of complexity to the market's current dynamics.

Bitcoin (BTCUSD) Remains Volatile Despite Recent Correction

BTCUSD Remains in a Correction Phase with Much Volatility BTCUSD continues to navigate a correction phase characterized by significant volatility. Having reached an all-time high of $73,840 on March 14th, the cryptocurrency encountered resistance at this level, initiating a corrective movement that retraced to the previous all-time high and subsequently declined further. Notably, the $64,000 […]

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Bitcoin (BTCUSD) is Poised for a Period of Consolidation

BTCUSD is Poised to Consolidate Below $69,000 Bitcoin (BTCUSD) is currently poised for consolidation beneath the significant threshold of $69,000. This follows a remarkable period of price escalation that commenced early last year. The upsurge reached its zenith in February of this year and extended into March. Bitcoin surpassed previous highs during this bullish surge, […]

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Layer-2 Blockchains: Scaling Solutions for Ethereum

Unveiling Layer-2 Blockchain Solutions: An Investor’s Guide

In the intricate realm of blockchain technology, the notion of a singular system belies a nuanced architecture comprised of layered solutions. These layers, while pivotal, often serve as makeshift remedies for underlying scalability challenges. Here, we delve into the essence of Layer-2s and their implications for investors seeking to navigate the complex blockchain landscape. Understanding […]

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Bitcoin (BTCUSD) Takes a Step Back Due To Bulls Exhaustion

Bitcoin (BTCUSD) Takes a Step Back Due To Bulls Exhaustion

BTCUSD Takes a Dip After First Time Rejection at $73,540.00 BTCUSD takes a setback as bullish momentum wanes, signalling exhaustion among buyers. Following its initial rejection at the $73,540.00 resistance, BTCUSD takes a dip, marking a pivotal moment in its recent surge. This decline underscores a temporary pause in the market’s bullish momentum, evident after […]

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Blackrock Bitcoin ETF Hits B Mark as BTC Eyes 0K Post-Halving

Blackrock Bitcoin ETF Hits $10B Mark as BTC Eyes $100K Post-Halving

Blackrock’s Bitcoin ETF has soared past $10 billion, marking a significant milestone in institutional crypto investment. The ETF’s approval in January sparked hefty inflows, coinciding with the impending Bitcoin Halving in April, fueling optimism and driving Bitcoin to new heights. BlackRock $BTC ETF $IBIT at 4th place in terms of Volume traded! Everyday this new […]

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Richard Teng, CEO of Binance Remain Optimistic about Bitcoin's potential

Richard Teng, CEO of Binance Remains Optimistic about Bitcoin’s Potential

Richard Teng, CEO of Binance, a leading global cryptocurrency exchange, recently discussed the future of Bitcoin at a recent event in Bangkok.According to a report by Anuchit Nguyen for Bloomberg News, Teng expressed optimism about Bitcoin’s potential, suggesting it could soon surpass the $80,000 mark. He attributed this potential surge to increased institutional interest and […]

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