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Are Circumstances in the Crypto Space Taking a Positive Turn?


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Over the past week, there have been incredible news developments in the crypto sector, especially concerning Bitcoin.

First, we witnessed MicroStrategy accumulating Bitcoin, making significant waves.

Next, there's anticipation surrounding the possible approval of an ETF (Exchange-Traded Fund) next year. The lingering question is when that approval will come to fruition.

Additionally, the upcoming halving event will be happening next year as well. 

All this has shown an expected to trigger a significant surge. As we all are expecting a positive turn in the crypto space, it's also crucial we are careful from every trade because there tend to be more manipulation coming as well.

Edited by Mary
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As over 214 million Brazilians are about to start using blockchain technology for digital identity, while the conversation of asset ownership rights into digital tokens on a blockchain which was described to be  “securitization" is gaining more attention, I guess the good news is just getting started. In my opinion, the circumstances in the crypto space are taking a real positive turn. 

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8 hours ago, Emon said:

Some micro infos~

Bitget launched "Smart Portfolio Bot".

Nance launching "Copy Trading"(it's already available on Bitget, most probably Bybit as well).

Yeah, I saw this progress. They are doing well. They have the vision to be progressive in this business, looking at the person they use as MD and the face of their platform.

That's a smart move and a good initiative 

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On 01/10/2023 at 21:22, blazely said:

Over the past week, there have been incredible news developments in the crypto sector, especially concerning Bitcoin.

First, we witnessed MicroStrategy accumulating Bitcoin, making significant waves.

Next, there's anticipation surrounding the possible approval of an ETF (Exchange-Traded Fund) next year. The lingering question is when that approval will come to fruition.

Additionally, the upcoming halving event will be happening next year as well. 

All this has shown an expected to trigger a significant surge. As we all are expecting a positive turn in the crypto space, it's also crucial we are careful from every trade because there tend to be more manipulation coming as well.

I am yet to understand how the ETF will impact price but yeah, halving in April next year could be determining factor. I am also expecting pre-halving price run before the we formally usher in next bull and will suggest a good DCA to prepare for the season of green candles

 

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Nothing is certain yet until major events kicks in like the hugely anticipated approval of BTC spot ETF across over 30 applications and the BTC halving scheduled to be completed in less than 190 days. Another could be the removal of Gary Gensler as SEC chairman by either sacking him or making him powerless

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