The Daily Leo | Bitcoin volatility delaying the alt season?

in LeoFinance9 months ago

Welcome to The Daily InLeo! We pull the best articles in Finances, Crypto news and Hive/Leo into one condensed information-packed space.
Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily InLEO


Bitcoin volatility delaying the alt season?

image.png

BTC ETF has got more money inflow from institutional investors and this has triggered the bitcoin price to reach its previous all-time high. There has been significant price growth in bitcoin price after the Bitcoin spt ETF approval. Now the current price of Bitcoin is around $65K but there is volatility and probably this is the reason why the alt-coin rally has not started yet.


image.png

Bitcoin ETF is one of the best things that has happened in the crypto market. Now with spot ETF, the investment option is open for more people and institutions. The US state of Arizona has proposed a resolution in which they are considering Bitcoin ETF as an investment tool for the state’s retirement system. This can be a big move if implemented and it will also increase the demand for bitcoin whereas we know that the supply is limited.


image.png

We are moving towards the crypto bull run cycle. Some people say that its already started however the entire market is not up and this is why it seems that the bull run has not started yet but will start soon. Some crypto experts anticipate that this bullish cycle will be different from the previous ones. Its also because more countries are talking about regulation and because of all this its not going to be an easy cycle this time.


image.png

Blockchain is a technology that is highly advanced and scalable as well. The kind of characteristics it has can transform and revolutionize many industries and sectors. There is a question if this technology Blockchain can fix the Middle East's broken societies. This article can give you a better aspect on the topic and this tech can play an important role in making a change. Blockchain and digital currencies are a revolution and if adopted then things can be improved in significance. The world is moving toward digitization hence it is the need of the hour to adopt this technology and stay with worldwide tech growth and development.

image.png

Its the 21st century and undoubtedly we have highly advanced technology with us. Now the superpower rivalry has shifted from physical territories to the world of technology. Countries are trying to fight in a different way which looks different but certainly, a cold war is going on. China and the US are both the biggest economies in the world and they are going through a cold war situation. It goes through various sectors like Aviation, the electric vehicle sector, etc.


image.png


This year 2024 is the year of elections as many countries are going to have elections. Its obvious that there will be a lot of politics around us hence we need to be ready to deal with this. European elections are scheduled to happen on 9th June 2024 and this time its the 9th election. Its like Ursula von der Leyen is all set for the European election which is going to happen in the next few months.

image.png


InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Subscribe to The Daily InLeo and start being up to date with the crypto & finance world!

Posted Using InLeo Alpha

Sort:  

!1UP Good work!


!PGM !PIZZA

thanks

Fantastic news to follow!

Thanks for Daily LEO ✌️

thanks friend.

1UP-PIZZA.png

You have received a 1UP from @underlock!

The @oneup-cartel will soon upvote you with:
@leo-curator
And they will bring !PIZZA 🍕.

Learn more about our delegation service to earn daily rewards. Join the Cartel on Discord.

PIZZA!

$PIZZA slices delivered:
@curation-cartel(5/20) tipped @kwick

This post has been manually curated by @alokkumar121 from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

image.png

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @alokkumar121 by upvoting this comment and support the community by voting the posts made by @indiaunited.

!ALIVE
!LOL

@kwick! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ cryptoyzzy. (6/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

What do you call an elepant who is the head of an Italian gang?
A masta-Don.

Credit: deanlogic
@kwick, I sent you an $LOLZ on behalf of cryptoyzzy

(4/8)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ

great qork !PIMP


You must be killin' it out here!
@dynamicrypto just slapped you with 5.000 PIMP, @kwick.
You earned 5.000 PIMP for the strong hand.
They're getting a workout and slapped 2/2 possible people today.

pimp_logo


Read about some PIMP Shit or Look for the PIMP District

thanks

Congratulations @kwick! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You published more than 10 posts.
Your next target is to reach 20 posts.
You received more than 800 upvotes.
Your next target is to reach 900 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Rebuilding HiveBuzz: The Challenges Towards Recovery