Bitcoin Halving Rally Predicted by Bitfinex Alpha
Bitcoin Halving Rally Predicted by Bitfinex Alpha
Bitfinex Alpha reports that the market is showing signs of a pre-halving rally, as Bitcoin miners have been selling their holdings to upgrade mining rigs in preparation for the upcoming halving event.
📉 The sharp fall in $BTC, has led to a significant decline in unrealized profits, especially among short-term HODLers. The trend could contribute to increased selling pressure in the market 🔥 Get the details in Bitfinex Alpha: ow.ly/5PY950Qt6mB
"Bitcoin miners ramped up BTC sales to acquire capital to upgrade machinery and prepare for the halving event, when rewards will be cut," - Bitfinex Alpha coindesk.com/markets/2024/0…
"Miners seem to be selling their holdings of Bitcoin to finance the purchase of more efficient mining rigs". @business speaks to Bitfinex Alpha to find out what’s really happening in the markets. bloomberg.com/news/articles/…
“The next crucial price levels for bitcoin that could provide support are estimated to be between $38,000, which is close to the short-term holder realized price for bitcoin at $38,307, and $36,000”. #Bitfinex Alpha forbes.com/sites/digital-…
'Don't miss the latest intelligence on $BTC markets in Bitfinex Alpha: "Selling now provides the capital for miners to upgrade infrastructure and is a reminder of the significant influence on market liquidity and price discovery that miners have." theblock.co/post/276201/bi…
Bitfinex Alpha looks into the behaviors of short-term $BTC holders who've recently realized profits. The market's recent correction brings increased attention to these holders, as their actions influence BTC's price stability and future direction. go.bitfinex.com/Alpha89T
The #BTC sell-off following the ETF approvals, was driven by short-term holders locking in profits, who have an average realized buy-in price of around $38,000. Bitfinex Alpha notes that while corrections are expected, signs of market strength persist 🚀 go.bitfinex.com/Alpha87T
“We maintain our stance that the market remains prone to corrections and pull-backs in this early part of the year. We note that immediately preceding the sell-off, there was an unprecedented transfer of 'in the money' BTC to exchanges.” #Bitfinex Alpha kitco.com/news/article/2…
“The level of trading reflects the pent-up demand for these products, and we expect that it will lead to increased liquidity and stability in the market.” #Bitfinex Alpha theblock.co/post/273317/bi…
In Bitfinex Alpha, this week we explain how Bitcoin miners have been putting pressure on the $BTC price 📊 Miners are driven by the price surge and the need to realise capital in order to upgrade mining equipment ahead of the Bitcoin halving. go.bitfinex.com/Alpha90T
“The market is entering conditions indicative of a pre-halving rally”. More intelligence from Bitfinex Alpha theblock.co/post/277697/bi…
With the official approval of the BTC ETF, #Bitcoin is set to attract a broader investor base. 📈 Bitfinex Alpha celebrates this milestone and maintains a positive outlook for $BTC, while acknowledging short-term vulnerabilities. ✅ go.bitfinex.com/Alpha87T
SimpleBTC App Launches Interactive Bitcoin Education with Lightning Rewards
A new educational platform called SimpleBTC App aims to revolutionize Bitcoin learning through: - Interactive lessons combining theory with practical transactions - Lightning Network rewards for completing lessons - Certification system to verify knowledge - Duolingo-style approach to cryptocurrency education The platform was created by Yannick to address the knowledge gap in traditional financial education regarding Bitcoin and monetary systems. [Watch the full demonstration](https://youtu.be/Qe387JdqDoQ)
US Strategic Bitcoin Reserve Announced at White House Crypto Summit
Former President Trump has announced the creation of a US Strategic Bitcoin Reserve at the inaugural White House Crypto Summit. Key developments include: - Executive order establishing a virtual Fort Knox within US Treasury - Commitment to end regulatory crackdowns on crypto - Push for stablecoin legislation by August 2025 Market reaction showed initial price increases on anticipation, followed by a sell-the-news event after the official announcement. The initiative marks a significant shift in US digital asset policy, though immediate market impact remains uncertain. Read more: [Bitfinex Alpha Report](https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-market-losses-rise-as-bulls-hesitate/)
KAIA Token Now Trading on Bitfinex with Zero Maker Fees
Bitfinex has officially launched trading for $KAIA, the native token of KaiaChain. Key details: - Zero fees for maker orders - 4 basis points fee for taker orders - KaiaChain represents Asia's largest Web3 ecosystem - Created through merger of Klaytn & Finschia platforms - Integrated with LINE and Kakao Talk super apps KaiaChain aims to provide Web3 services to millions of users across Asia through established messaging platforms. The blockchain offers Ethereum-equivalent functionality as a Layer 1 solution. Learn more: [Educational Guide](https://blog.bitfinex.com/token/what-is-kaia-kaia/)
Bitfinex Integrates USDT0 for Cross-Chain Operations
Bitfinex has launched support for USDT0, an omnichain version of Tether's USDT stablecoin. Built on LayerZero's Omnichain Fungible Token standard, USDT0 enables: - Seamless transfers across multiple blockchains - No fragmented liquidity or traditional bridges - Support on networks including Ink and Arbitrum One The integration allows Bitfinex users to deposit and withdraw USDT0 across supported chains, streamlining cross-chain operations. [Learn more about USDT0](https://blog.bitfinex.com/token/what-is-usdt0/)
Ethereum's Price Struggles Amid Project Slowdown and High Fees
Ethereum's performance remains subdued due to several key factors: - High gas fees deterring new projects and builders - $1,800 identified as crucial support level to monitor - ETH ETFs showing mixed results: * Some inflows to newer products like BlackRock * Significant outflows from established funds like Grayscale The ETH/BTC ratio has reached its lowest point in over 1,200 days, with aggressive selling by major market makers like Jump Trading contributing to a 40% price decline. [Read full analysis on Cointelegraph](https://cointelegraph.com/news/ether-1-8k-correction-global-tariff-fears-eth-etf-outflows)