April 26, 2024

TradingView Blog | About BTC, ETH, BNB

TradingView Blog | About BTC, ETH, BNB

On April 14, the market will most likely shoot up.

About BTC

April 14th is the largest IPO in crypto history. ExchangeCoinbase. The market has long known that it will be, and this information is taken into account in the price. And there is new information that has not yet been taken into account:
1) How expensive crypto companies can be worth (according to some estimates, Coinbase could be valued at 230 billion as early as April)
2) Do investors want to invest in the crypto industry in general (the IPO will show)

It is very likely that their shares will be eagerly bought from April 14, and the estimated capitalization will be high, which will increase the hamsters' faith in the ever-infinite bubble of crypt happiness.

About ETH

Hardfork Berlin.Firstly, this is an important step with a double broadcast and a solution to the problem of too Jewish commissions. And secondly, this fork itself will already slightly reduce the price of commissions, which, as it were, will show that Vitalka is at the very least solving this problem. Quote:

EIP-2565 - Changes to Improvemethods for calculating the cost of gas spent on transactions in the Ethereum network. As a result of the introduction of the new function of changing the complexity, the more complex method introduced at the suggestion of Vitalik Buterin in 2017 (EIP-198) will be canceled. The main innovation of EIP-2565 will be the setting of a minimum gas value for the inclusion of small pieces of data in the Ethereum blockchain, which will significantly reduce the likelihood of abuse on the network (by increasing the cost of spam transactions).

About BNB

I warn you that this is only a rumor so far.It will happen exactly in April, but the fact that it is April 14 is still a rumor. The 15th BNB coin burn will be a record in the entire history in dollar terms (this is not a rumor - they spend 20% of their profit on buying back coins for burning, and in the first quarter they had a record profit in dollars in different ways). However, due to the huge increase in the price of coins, the coins themselves will not be burned as much as they used to burn before.

PS:All three coins from the top 3 in terms of capitalization have a significant, and more likely positive, event scheduled for April 14 at once. If something goes wrong and the pump does not happen, then at least there will be increased volatility from April 14.

P.P.S. Bitcoin price has been updated by ATH, along with other crypts.

On the author's chart.