FIMA Crypto’s Post

A recent analysis has indicated that Bitcoin ETFs may be causing a significant shift in the BTC market. It's predicted that within the next six months, there could be a critical shortage of Bitcoin available for purchase. This potential "sell-side liquidity crisis" is attributed to the continuous influx of institutional investments into Bitcoin ETFs. Since the introduction of United States-based spot Bitcoin exchange-traded funds, they've witnessed unprecedented success, currently holding close to $30 billion. This remarkable growth is not without its potential challenges. The relentless acquisition of BTC by these funds means that the available supply of Bitcoin might soon struggle to meet the rising demand. Ki Young Ju, the CEO of CryptoQuant, a leading on-chain analytics platform, highlights that the current pace of ETFs, which accounted for over 30,000 BTC purchases last week, is rapidly diminishing the available Bitcoin supply held by exchanges and miners. This trend, he asserts, could lead to a severe liquidity crunch in the near future. Furthermore, this development is complemented by the actions of firms like MicroStrategy, which continues to aggressively expand its Bitcoin holdings. The company recently embarked on a second fundraising effort this month, intending to acquire additional Bitcoin. This dynamic market situation poses significant implications for Bitcoin's value and availability, suggesting that the cryptocurrency might soon experience a significant price surge due to these supply pressures. #Bitcoin #CryptoMarket #ETF #LiquidityCrisis #InstitutionalInvestment #MicroStrategy #CryptoAnalysis #DigitalCurrency #InvestmentTrends

Bitcoin Surpasses $71,000 MicroStrategy’s chairman, Michael Saylor, remains steadfast in his support for Bitcoin, declaring continued faith in the digital asset. Amid the re-establishment of the $71,000 price threshold, Bitcoin (BTC) resumes its steep ascent, and MicroStrategy chairman Michael Saylor maintains unwavering faith in the digital asset. Saylor declared in an X post that garnered interest from the cryptocurrency community that he was “still placing bets on BTC.” Bitcoin, the leading and most prominent cryptocurrency by market capitalization, once again surpassed $71,000 as […] Bitcoin Surpasses $71,000 #Bitcoin #CryptocurrencyCommunity #DigitalAssets

The cryptocurrency market is experiencing significant developments, particularly concerning Bitcoin's price movements and institutional involvement. Two major narratives are currently unfolding: MicroStrategy's ambitious expansion plans and Bitcoin's potential price trajectory. MicroStrategy, the largest public corporate holder of Bitcoin, has announced plans to raise up to $42 billion over the next three years to increase its Bitcoin holdings. The company currently holds 252,220 BTC worth approximately $17.56 billion, with an impressive unrealized profit of $7.65 billion. Their strategy involves selling both equity and fixed-income instruments to fund these purchases, demonstrating continued confidence in Bitcoin as a long-term investment. Recently, the company moved 1,652 Bitcoin (worth $114.38 million) to a new wallet, though this appears to be a management rather than selling move. Simultaneously, Bitcoin's price action is drawing attention from market analysts. After reaching a high of $73,600 in a recent trading session, Bitcoin has experienced several days of consolidation, currently trading around $69,373. Veteran trader Peter Brandt has provided technical analysis suggesting a potential breakout pattern that could lead to a price target of $97,056 - representing a 38% increase from current levels. However, Brandt cautions that a genuine breakout would require a decisive close above $76,000 on the daily chart. The convergence of institutional investment and technical analysis presents a complex picture of Bitcoin's near-term prospects. While MicroStrategy's substantial commitment signals strong institutional confidence, the market is carefully watching for technical confirmation of the next major move, with key resistance levels and pattern completions serving as important indicators for potential price direction. Source1: https://lnkd.in/dmNzMiUx Source 2: https://lnkd.in/dzqkq7N9 #financialmarket #cryptocurrency #investment #priceanalysis #bitcoinmarket

🚫 Robinhood Won't Hold Bitcoin Despite Market Correlation 📉 Robinhood CEO reveals the platform will not hold Bitcoin, despite its strong correlation with the broader market and growing demand for crypto assets. 🔗 Read more: https://lnkd.in/e4t2yQiY #CryptoNews #Robinhood #Bitcoin #Cryptocurrency #MarketTrends #CryptoInvesting

𝗧𝗵𝗲 𝗝𝗼𝘂𝗿𝗻𝗲𝘆 𝗼𝗳 𝗕𝗶𝘁𝗰𝗼𝗶𝗻: 𝗙𝗿𝗼𝗺 𝗮𝗻 𝗜𝗱𝗲𝗮 𝘁𝗼 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗔𝗱𝗼𝗽𝘁𝗶𝗼𝗻 Bitcoin started its journey in 2008, when the enigmatic Satoshi Nakamoto published the now-famous whitepaper. A revolution was born: a decentralized, peer-to-peer electronic cash system free from central authority. Fast forward to 2024, and what began as a niche concept has transformed into a $1 trillion asset class. From being dismissed as "internet money" to being included in corporate balance sheets and embraced by governments, Bitcoin has come a long way. A few key milestones in institutional adoption: - 2013: The first regulated Bitcoin exchange launched (Coinbase). - 2017: Bitcoin achieved its first $20k price milestone, signaling the beginning of a broader awareness. - 2020: MicroStrategy became the first publicly traded company to adopt Bitcoin as a treasury reserve asset. - 2021: Tesla, Square, and many other Fortune 500 companies followed suit. - 2023: BlackRock applied for a Bitcoin ETF, signaling immense confidence from traditional finance. Bitcoin's Institutional Rise in Numbers: - Over 10% of Fortune 500 companies hold Bitcoin or are directly involved in blockchain projects. - Bitcoin ETFs and institutional-grade investment products are now worth billions in AUM. - Crypto-native custody solutions have grown 30% year-over-year, meeting regulatory standards globally. Institutional Challenges Despite this impressive growth, institutions face significant hurdles with security, compliance, and asset safekeeping. This is where Zodia Custody steps in. With our institutional-grade solutions, we ensure secure, compliant, and seamless custody of your digital assets, allowing your firm to focus on innovation and growth in the crypto space. 𝗔𝗿𝗲 𝘆𝗼𝘂 𝗿𝗲𝗮𝗱𝘆 𝘁𝗼 𝘀𝗲𝗰𝘂𝗿𝗲 𝘆𝗼𝘂𝗿 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝘀𝘀𝗲𝘁𝘀? 𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀 𝗮𝘁 Zodia Custody 𝘁𝗼 𝗱𝗶𝘀𝗰𝘂𝘀𝘀 𝗵𝗼𝘄 𝘄𝗲 𝗰𝗮𝗻 𝗽𝗿𝗼𝘁𝗲𝗰𝘁 𝘆𝗼𝘂𝗿 𝗳𝗶𝗿𝗺 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗳𝗿𝗼𝗻𝘁𝗶𝗲𝗿. #Bitcoin #Crypto #Blockchain #InstitutionalAdoption #DigitalAssets #ZodiaCustody #Fintech

Over the past decade, Bitcoin (CRYPTO: BTC) has been one of the best-performing assets in the world. It has skyrocketed in value from just $100 to its current value of $65,000. The good news is that it may not be too late to invest in Bitcoin's extraordinary upside potential. According to Michael Saylor, founder and executive chairman of MicroStrategy, Bitcoin is likely to hit a price of $13 million by 2045. Based on today's prices, that implies further gains of approximately 20,000%. That may sound hard to believe, but there are at least two good reasons why it might actually happen.

Bitcoin back at $70K, and Coinbase’s low supply indicates a bullish future. Bitcoin’s value soared past the $70,000 threshold on March 25, igniting a wave of optimism among investors. This surge is underscored by a significant decline in Bitcoin’s availability on Coinbase, marking a nine-year record low and hinting at an intensifying scramble for the digital currency. The decrease in Bitcoin’s supply on Coinbase to 344,856 BTC on March 18 reflects a growing trend of investors hoarding the cryptocurrency, steering clear of exchanges in a clear sign of bullish sentiment. #Secret3 #cryptonews #crypto #bitcoin #Coinbase Read more: https://lnkd.in/g8J6H79r