Video
Official BNM Intro
Published
3 months agoon
By
admin
At BlockNewsMedia, my mission is to empower the crypto audience with reliable, timely, and comprehensive coverage of the cryptocurrency, digital ledger, smart contract & overall blockchain industries.
I do this in a few ways, here and socially on X. The current way to support this project is by buying the tokens, or signing up an M1 account. I am not a financial advisor or institution.
If you’re looking for a smarter way to invest, M1 Finance is the perfect platform to help you achieve your financial goals. Whether you’re a beginner or an experienced investor, M1 combines the best of automated investing and personalized control, allowing you to build a custom portfolio tailored to your preferences. With no management fees, you can maximize your returns while keeping more of your hard-earned money. Sign up using my referral link here to get started!
With M1 Finance, you have the tools to make your money work harder for you, all in one easy-to-use app. From investing and borrowing to spending, M1 empowers you to take control of your entire financial life. There’s no reason to wait—see how M1 Finance can help you build wealth effortlessly!
Ok, moving on……$BNM token on polygon has the same level of transparency.
I am dedicated to providing in-depth accurate, (sometimes with a comedic tone) AI is coming for 2 news anchors, including intelligent analysis on comprehensive issues in this emerging field, with editorials, our internal insightful commentary to the global crypto industry via its live sessions (to come in late 2024-2025).
I want to help our viewers navigate the complex landscape of digital assets, through in-depth research time, and accurate real world data, and up to date news events.
“My commitment is to grow, nurture and foster a well-informed community of people who visit this site (i started it so i could get news daily in a quick way, and not having to jump all over to each site) every day to get the latest news, (I put feeds together so I could know what was happening in the industry and communities morning noon and night-although updates are every 4 hours right now) by delivering unbiased reporting, expert opinions, and researched educational content, ensuring our audience stays ahead in the rapidly evolving crypto space. I strive to be the most trusted source of cryptocurrency news, maintaining the highest standards of journalistic integrity and transparency.”
WHAT WE ARE NOT:
FINANCIAL ADVISORS OR LAWYERS AND NONE OF WHAT WE PUBLISH IS FINANCIAL ADVICE. SOMETIMES WE ARE PAID TO RENT ADVERTISING SPACE ON OUR SITE AND WE ALWAYS SHOW THE SOURCE OF OUR FEEDS. WE DONT ACCURATELY KEEP A MAILING LIST AND WILL NEVER MAIL YOU WITH AN OFFER TO PURCHASE ANYTHING.
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This is our personal review of a few ledger devices from 2023.
You can pickup a good discount from our affiliate link at the end of the video
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AI breaks it down from our post https://blocknewsmedia.com/heres-what-could-trigger-christmas-rally-for-altcoins-according-to-glassnode-co-founders/
The co-founders of the crypto analytics firm Glassnode are outlining two key conditions that could spark altcoin rallies just in time for Christmas.
Jan Happel and Yann Allemann, who go by the handle Negentropic on the social media platform X, tell their 63,300 followers that altcoins could be on the verge of outperforming Bitcoin (BTC) in the next two weeks.
The Glassnode co-founders are looking at the Bitcoin Dominance (BTC.D) chart, which tracks the percentage of the total crypto market cap that belongs to Bitcoin. The duo shares a chart suggesting that BTC.D has flipped bearish, opening the doors for altcoins to rise faster in value than Bitcoin.
“Bitcoin dominance has been rejected at the upward trendline – is this the setup for a Christmas rally in altcoins?
For this to happen:
Bitcoin needs to consolidate above $100,000. A period of sideways movement could allow altcoins to gear up for a breakout.
The second half of December and year-end could bring fireworks to the altcoin market. Are you ready?”
At time of writing, BTC.D is hovering at 56.94%, still below the duo’s trendline.
Looking at Bitcoin itself, Negentropic says BTC has so far failed to launch a massive surge above $100,000 due to the selling pressure coming from long-term holders, entities that have held their BTC stacks for more than 155 days.
The Glassnode executives believe that long-term holders are almost out of coins to unload, putting Bitcoin in a position to ascend at the start of 2025.
“Long-Term Holders Selling Pressure Continues.
Key Insight: Long-Term Holders (LTHs) have hit their lowest holdings of the year, marking the largest outflow in 2024.
Triggers: Back-to-back liquidations contributed to significant selling, alongside the year-end profit-taking season.
Looking Ahead: The start of the new year may signal the end of this selling streak, setting the stage for a potential shift in market dynamics.
How will this trend affect Bitcoin in the end of 2024?”
At time of writing, Bitcoin is trading for $101,893.
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