Hello, here's the latest news for this morning:🆕

❌ VanEck waives all trading fees for its BTC-ETF until March 31, 2025, or until the ETF exceeds $1.5 billion.

🔻 BBG lowers the likelihood of spot ETH-ETF approval in May to 30%.

😎 Bernstein is "more confident now" that BTC will reach $150K by mid-2025 after a strong rally.

😡 Coinbase sues the SEC, accusing the regulator of misconduct, and asks the court to compel the SEC to start writing rules for cryptocurrencies.

🧬 Solana registers a record number of new daily addresses.

💳 MetaMask is testing the first blockchain-based payment card in collaboration with Mastercard.

#news

✔️@CryptoTradeTg

Microstrategy purchased 12,000 💰 Bitcoins for $821.7m in cash

MicroStrategy has acquired an additional 12,000 BTC for ~$821.7M using proceeds from convertible notes & excess cash for ~$68,477 per bitcoin . As of 3/10/24, MSTR hodls 205,000 BTC acquired for ~$6.91B at average price of $33,706 per bitcoin.

✔️@CryptoTradeTg

💎LATEST: El Salvador Transfers 5,689.68 BTC to Cold Wallet, Reveals President.

@CryptoTradeTg 💸

How to analyze crypto projects? 📊💡

First of all, it's essential to understand that there is no single criterion guaranteeing a 100% project success and the absence of a chance to encounter a scam project or a "hollow" one. However, by analyzing the project comprehensively, there is a high probability of finding worthy options that can be profitable for investors.

1. Legality
Check where the company is registered. Most information can be easily found online. The primary details might also be reflected in a document called the "white paper" (it describes the project's goals, technical specifications, algorithms, and operating principles). In the crypto market, any project or blockchain should have a "white paper."

2. Team
The track record of team members can reveal a lot about their experience, successes, competencies, and failures. Check who they worked with before and whether they have any questionable connections (e.g., involvement in previous scam projects).

3. Product
Pay attention to whether the product has genuine demand and value, not only within the project participants but generally. Typically, pyramid schemes will not offer any real product and will promise returns only from the money of newly entered participants.

4. Functionality
Some crypto assets are created to solve urgent problems, and the effectiveness of such solutions might not be immediately apparent. Understand whether the issue lies in the implementation or insufficient project funding. It's crucial to interpret the market situation as accurately as possible to predict its further development.

5. Publicity
If a coin is not traded on a major public international exchange, it's a clear signal to think twice.

6. Community
The community will immediately show what is being discussed online (forums, chats, groups, live streams, etc.) and offline meetings. If there are no discussions about algorithms, tokenomics, blockchain, software, functionality, it's a reason to reconsider, as it might be more of a financial pyramid than a crypto project.

7. Affiliate Program
Remember that any pyramid is an MLM company, but not every MLM company is a pyramid.

8. Media
It's important not only to look at what the media write about the project but also who is writing it. Consider different publications and the credibility of the media. Sometimes information can be unreliable or biased.

9. Profitability
Look at this indicator in conjunction with other fundamental analysis indicators. Good profitability is excellent, but it's even better if it lasts for a long time. Understanding how long profitability will last involves understanding the project's financial model. Profitability is nothing more than the result of the company's activity, and if the result is genuine, you can be calm. 🚀💰

#education

✔️@CryptoTradeTg

⚡️ Elon musk is calling US dollar 💵 a shitcoin

✔️@CryptoTradeTg

JUST IN: Craig Wright is not the creator of 🥇 Bitcoin and he’s not Satoshi Nakamoto, Judge rules.

✔️@CryptoTradeTg

💰 9 New Bitcoin ETFs Surpass GBTC by Accumulating 450,000 BTC Worth Over $30B

The latest statistics on bitcoin reserves from the nine new spot bitcoin exchange-traded funds (ETFs) reveal they currently possess 453,503.98 bitcoins, valued at approximately $30.29 billion based on the current exchange rates.

✔️@CryptoTradeTg

Crypto speak: Cryptosis

“Cryptosis” is a word used to describe an insatiable craving for knowledge about cryptocurrency. It sounds like the name of a disease, but here, it’s a friendly one.

Symptoms include forum activity, active conversations about cryptocurrency with friends (which sometimes look like monologues), and minimizing risks when trading.

Do you have these symptoms?)

✔️@CryptoTradeTg

⚡️⚡️⚡️⚡️⚡️⚡️

• BTC: $61871.54📉
• ETH: $3147.88
• LTC: $79.66
• BCH: $357.50
• BNB: $516.80

✔️@CryptoTradeTg

🇺🇸 SEC delays making a decision on the Hashdex and Ark 21Shares 🪙 Ethereum ETFs

The Securities and Exchange Commission has delayed its decision timeline on whether it will approve the Hashdex Nasdaq Ethereum exchange-traded fund. If approved, the Hashdex ETF will hold spot ether and futures contracts. In a notice filed on Tuesday, the SEC said it would be extending its time to make a decision to May 30, 2024.

✔️@CryptoTradeTg

💰 MicroStrategy bought 9,245 BTC for $600 million

The company completed the placement of convertible bonds for $603.75 million. The proceeds were used to purchase Bitcoin between March 11 and March 18.

✔️@CryptoTradeTg

Crypto speak: Boomercoin

“Boomercoin” is a term used to refer to cryptocurrencies that tend to appeal to older generations. It is believed that such members of the crypto community are most often poorly versed in the nuances of crypto investing.

In short, the term has a pejorative tone. Boomercoins refer to coins that have little or no use and no value. Often, such projects are outright scams, so the term can also refer to fraudulent tokens.

Sometimes, boomercoins are poorly thought-out or overly complex crypto projects without practical use. When people use the term, they’re hinting that the discussed cryptocurrency will disappear sooner or later.

✔️@CryptoTradeTg

Inflation in cryptocurrencies

In the crypto world, just as in the real world, there is inflation, an asset depreciating over time.

Inflation in cryptocurrencies occurs when too many new coins are issued.

A clear example is the cryptocurrency Dogecoin (DOGE). Dogecoin has no limit on the number of coins that can be issued, and up to 5.2 billion new DOGE can be created each year. Similarly, when new dollars are printed, Dogecoin depreciates slightly each year.

Bitcoin, on the other hand, is not subject to inflation; since the total number of Bitcoin can never exceed 21 million, the coin is protected from depreciation.

But frankly speaking, investors barely pay attention to this. Since crypto is very volatile, this 2%–3%–4% annual inflation has almost no effect on anything.

However, if you come across a coin with suspicious tokenomics—e.g., they’ve made it possible to issue an unlimited number of tokens during any period—this should definitely be taken into account when making investment decisions.

✔️@CryptoTradeTg