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Bitcoin Cash Trading Escalates as Second Halving Event Nears
Friday, March 29, 2024 7:18 AM

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Can GMT repeat its 70% hike to cross $1?
Friday, March 29, 2024 7:04 AM

A few hours before press time, GMT prices fell to $0.406 and could dip lower. Earlier in March, AMBCrypto reported that the on-chain metrics of GMT were healthy, and a bullish run of 70% or more could commence. However, Bitcoin [BTC] fell below $70k and nearly touched $60k just a few days later, dragging GMT prices down by 30%, from $0.3822. Examining the supply distributionAMBCrypto analyzed the behavior of wallets holding different brackets of GMT tokens. This was especially pronounced in the 1k-100k GMT holders.

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Call of Duty Cheaters Allegedly Lose Their Bitcoin as Hackers Target Gamers With Malware
Friday, March 29, 2024 6:57 AM

Exploiters have targeted game cheaters for years. In 2018, a supposed cheat for the massively popular video game Fortnite turned out to be malware designed to steal bitcoin wallet login details. Fortnite players were again targeted in 2019, with hackers blocking access to a user's entire computer data.

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BTC ATH Close After Major Bullish Move, Top Analyst Still Thinks ALGT is a Better Choice
Friday, March 29, 2024 6:40 AM

About The AuthorWill is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

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Hedge Fund Kerrisdale Capital Shorts MicroStrategy Stock (Down 11%), Bets on Spot Bitcoin ETFs -- Here's Why
Friday, March 29, 2024 6:35 AM

In a recent report titled “Long Bitcoin / Short MicroStrategy Inc (MSTR): Know When to HODL, Know When to FODL,” Kerrisdale Capital Management outlines a bold investment strategy. Kerrisdale Capital is a hedge fund known for its short-selling investment strategy, where they profit from declines in a company’s stock price. Kerrisdale believes that as more accessible and affordable Bitcoin investment vehicles emerge, such as ETFs and ETPs, MicroStrategy will lose its appeal. They note that since early 2021, MicroStrategy’s premium has only exceeded 2.0x on 6% of trading days, with an average of 1.3x. Kerrisdale emphasizes that their investment strategy is not based on a bearish view of Bitcoin or MicroStrategy itself.

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Bitcoin Vs. Gold Vs. SPY: Which Asset Class Would've Given Best Returns On $1000 Investment In Q1?
Friday, March 29, 2024 6:28 AM

Three months in, the S&P 500 Index has notched record highs for both closing and intraday trading. LPL Financial‘s Chief Technical Strategist, Adam Turnquist, said in a recent note that the strong uptrend in the S&P 500 Index is supported by broad participation and cyclical leadership. The list is led by S&P 500 debutant Super Micro Computer, Inc. SMCI, which has gained over 255% year-to-date. Comparing investment returns of the three asset classes by taking the SPDR S&P 500 ETF Trust SPY as the proxy for the performance of the S&P 500 broader gauge, we see that Bitcoin has been the best bet for investors. The analyst sees further momentum for AI stocks much against fears of a bubble burst.

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Solana (SOL) Price Prediction: Is $300 Possible After the Bitcoin Halving? (Analyst)
Friday, March 29, 2024 6:23 AM

According to him, SOL is looking “incredibly bullish” on both timeframes, facing stiff resistance at the $300 mark. Can SOL Reach $300 After the Bitcoin Halving? The analyst paired SOL against Bitcoin to showcase an even more bullish chart, given that BTC pairs demonstrate an altcoin’s strength. Moreover, Turner highlighted that the Bitcoin halving is nearing, and the market expects that this event will catapult BTC to new heights. “Given that Bitcoin’s halving is just around the corner, it’s likely that BTC’s price will rally.

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A Whopping $15B in Crypto Options Are About to Expire, Will Markets React?
Friday, March 29, 2024 6:19 AM

There are approximately 135,250 BTC options contracts expiring today. The notional value of today’s big batch of Bitcoin derivatives is a whopping $9.74 billion, making it the largest expiration event so far this year, according to Deribit. Bitcoin Options ExpiryThe put/call ratio for today’s huge tranche is 0.85, meaning there are slightly more long contracts being sold than shorts. Bulls appear to be dominating the derivatives markets with almost a billion dollars in OI at much higher strike prices, including $75,000 and even $100,000. Crypto derivatives tooling provider Greeks Live reported the total value of crypto options for today’s expiry event.

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BDAG Presale Hits $9.9M Tops ApeCoin Partnership & SEI Price Rally
Friday, March 29, 2024 6:04 AM

The ApeCoin partnership is notably reviving APE’s fortunes, and SEI’s value is anticipated to climb by 230.32% by the end of April. BlockDAG – A March 2024 Presale PhenomenonBlockDAG (BDAG) distinguishes itself as a leading entity in the presale market of March 2024, with a collection of $9.7 million, targeting a total of $600 million by year-end. With an initial offering price of $0.05 and a presale rate of $0.003 per BDAG, early investors are looking at a potential 1566% ROI once BDAG begins trading. Beyond the promise of ROI, BlockDAG appeals with the prospect of passive mining income, which varies from $1 to $100 based on the mining model. Join BlockDAG Presale Now:Website: https://blockdag.networkPresale: https://purchase.blockdag.networkTelegram:https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyDisclaimer: This is a paid post and should not be treated as news/advice.

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