Insane win by one of our followers at Bitstarz!🚀🚀🚀

Try your luck as well by clicking here 👉 https://bit.ly/bstarz1

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Today's POTD

Forest vs Everton
Forest win, 2.15 odds

Forest are having an amazing season and are fighting for a champions league spot whereas Everton dont really have much to play for this season.

Great odds, easy bet!

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Today's POTD

Wolfsburg vs Leipzig
Leipzig over 4.5 corners

In Leipzig's last 10 games, they have covered this line 9/10 with an average of 6.6 corners per game.

Wolfsburg are coming into this game mid-table and with much less to play for.
In Wolfburg's last 10 games, their opponent has covered this line 9/10 with an average of 6.4 corners per game.

All stats point towards a comfortable win

Good luck folks!🚀🫡

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Today's POTD is a double bet

Newcastle and City to win, 2.10 odds

Not much explanation needed, 2 favourites at home, fighting for Champions League spots. We expect them both to win.

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Dependent on the U.S. dollar.” What prevents the bitcoin price from rising to $200k 💰

🟠Why bitcoin has become dependent on the U.S. dollar. Experts - on the reasons for the lack of growth in the first quarter and forecasts for 2025

🛡Bitcoin was created as a decentralized alternative to the traditional financial sector, as a system independent of regulators and other centralized structures. However, with the adoption of cryptocurrency by governments and financial organizations, the price of bitcoin is increasingly correlated with the US stock market. Following this, experts and investors explain why the major cryptocurrency is not yet independent of the system it was created to replace.

“The price movement you're seeing is short-term noise caused by institutional traders treating bitcoin like tech stocks,” Swan Bitcoin CEO Corey Klippsten told Decrypt

📉 Experts also try to explain bitcoin's correlation with stocks by the fact that it has no restrictions on trading hours or jurisdictions.

“Bitcoin trades as a risky asset in the short term because it is the most liquid, round-the-clock traded asset on Earth. In times of panic, traders sell what they can, not what they want. That doesn't mean it's correlated over the long term. It means it's always available,” wrote Michael Saylor, founder of Strategy, the largest corporate holder of bitcoin

🔎 According to a chart of the 30-day correlation between the price of bitcoin and the major stock indexes SP 500 and NASDAQ100, which track the prices of the largest U.S. stocks, at least since 2020, most of the time quotes of the main cryptocurrency have a positive correlation with the stock market.

This indicates the dependence of BTC price on the same macroeconomic and political events as in traditional financial markets - changes in interest rates, new trade duties, inflation data or comments from the US Federal Reserve.

📈On January 20, the day of the inauguration of U.S. President Donald Trump, the price of bitcoin reached its all-time high of about $110,000. The SP500 and NASDAQ100 indices reached their price peak a month later, in late February, at levels of about $6,15К and $22,2К, respectively, according to TradingView. By April 4, bitcoin had lost about 22% of its peak to $84.5k, the NASDAQ100 had lost about 17% of its peak, and the S&P500 had lost 12%.

#analytics

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freegoldtradingsignal

December 27, 2023, 9:31

Some of my calls from my crypto channel

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Founder of ezBtc used user funds to play casino games💸

Canadian crypto platform ezBtc and its founder David Smiley embezzled about 13 million CAD (~$9.5 million) of customer funds, using part of it for gambling. This was reported by the British Columbia Securities Commission (BCSC).

📤The company, which folded in September 2019 and was liquidated in 2022, claimed to have kept all users' investments in cold storage. However, the BCSC found misappropriation of assets "for personal purposes."

💰According to the investigation, ezBtc accumulated approximately 2,300 BTC and 600 ETH between 2016 and 2019. According to the regulator, Smiley diverted nearly a third of users' funds for gambling and personal use:

"A total of 935.46 BTC and 159 ETH were transferred from ezBtc to the exchange accounts of Smiley and [gambling platforms] CloudBet and FortuneJack. Transactions to the two gambling sites were sometimes made directly from ezBtc and sometimes indirectly from ezBtc through Smiley's account and then to the gambling sites".

📍Sanctions against participants in the scheme will be imposed by September 24. They may include financial restrictions or a ban on market activity. Representatives of Smiley and ezBtc were not personally present at the hearing, but the founder of the company was represented by a lawyer.

#news

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💵 Is diversification useless?

Friends, today I thought about the fact that not everyone may understand what diversification is or why it is needed, so let's refresh our knowledge.

🔤 Diversification is a special strategy of investment portfolio management, which reduces risks and allows you to get profit at any situation on the market.

Many people think that diversification ends with the fact that you simply shouldn't keep all your money in one place, but this is far from true.

1️⃣ This approach implies not only the distribution between places to store funds, but also their actual allocation.

For example, don't keep all your capital in one market, be it stock or cryptocurrency. Or allocate funds between sectors so that if one fails, the profits from the others will cover all losses, etc.

2️⃣ In addition, using the example of the past week, we have seen that it is always profitable to keep some funds in fiat or stable coins.

Are you diversifying your portfolio or sticking to another strategy?

🔥 — Diversification is a must
🤔 — I have a different strategy. I take risks.

#education

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