
Midowalid
@mowalid
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AI Meets Crypto: Betelgeuse Trade Debuts With Speed, Security, and Financial Transparency
Betelgeuse Trade is a UK-based cryptocurrency exchange established on May 14, 2025, by former Binance and Bybit engineers, focusing on speed, security, and advanced trading technology. Its core feature, Betelgeuse AI, offers real-time market analysis for automated trading decisions free from human bias. The exchange complies with KYC/AML regulations, publishes regular proof-of-reserves, and ensures user funds are insured by Lloyd’s of London. 0 reply
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Strategic Ethereum Reserve hits $2.1B – Can ETH target $3K now?
Strategic Ethereum Reserve (SER) is gaining traction to compete with Bitcoin and Solana treasuries, with institutions and Michigan holding $2.1 billion in ETH (789,905 coins). Major holders include the Ethereum Foundation, Coinbase, and Golem Foundation, while the U.S. government holds 59,965 ETH and Michigan possesses 4,000 ETH. Bhutan, notable for Bitcoin mining, has also acquired 495 ETH. Demand in the ETH market is driven by large holders, as evidenced by an increase in holdings among those with 10K-100K ETH to 16.7 million, and 1K-10K ETH to 12.5 million, while retail holders decreased from 14 million ETH to 9 million. 0 reply
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Is Bitcoin 'Conclusively' Decoupling from Equities? Experts Weigh InBitcoin is exhibiting behavior that suggests it may be decoupling from risk assets like equities and becoming a "safe haven" similar to gold. Recently, Bitcoin's price rose nearly 7% to around $93,000, following comments from U.S. Treasury Secretary Bessent about an expected de-escalation in trade tensions with China. This uptick occurred amidst a broader sell-off in equities, with the S&P 500 and Nasdaq dropping 3%. Analysts suggest the divergence could be short-lived if tied to U.S. dollar weakness, as confirmed by Jake Ostrovskis from Wintermute, emphasizing the importance of monitoring the U.S. Dollar Index (DXY). Historically, Bitcoin has correlated closely with equities, but currently, its 30-day correlation with the S&P 500 is 0.65. David Duong from Coinbase noted that concerns over U.S. dollar debasement and unsustainable debt are influencing this trend, leading to a reassessment of Bitcoin's role in markets. 0 reply
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