Please explain logic of "sell the news" for ETF Approval

Oh I get the general concept (I think), but if you had opened a position on Bitcoin back when rumors of ETF approval started or when likelihood started increasing, then wouldn't you sell now, when the price is quite stable, we aren't seeing a massive run-up to Jan 9 possible event?

What possibly are you thinking as a trader? Please explain.

How BTC halving could trigger key indicators 👀

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Thinking Out Loud

It's encouraging to see a mix of positive and negative comments on the forum, as it reflects a healthy discussion. Developing discernment is crucial for forming well-founded opinions that go beyond mere hearsay.

In my perspective, significant announcements are likely to accompany the upcoming rebranding efforts. Despite some leaked information prompting the recent conference call, the company is strategically orchestrating its moves behind closed doors. It's understandable that many of us are eager for positive news to alleviate concerns. However, the company appears to be withholding some updates until all aspects are aligned for a seamless and progressive unveiling of the new brand.

Although there's limited immediate good news, noteworthy events such as the lifting of the 22-month hold on Nov 30 indicate positive shifts. The company seems to be following a deliberate strategy, akin to waiting for the foundation to be solid before constructing the edifice of noteworthy press releases.

Given the absence of insider information, exercising patience is paramount. This investment scenario resembles pivotal moments in financial history, such as buying Apple stock in 1980, acquiring land in Las Vegas in the '90s, or investing in Bitcoin at its early stages in 2011. The parallels suggest that the current situation could be a strategic entry point, making this period as an opportune time for investment.

Wishing everyone a prosperous 2023 and looking forward to a Happy New Year in 2024!

BREAKING!!! : Barry Silbert has RESIGNED from the board of directors of Grayscale Investments, LLC.

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Bitcoin stocks can outperform Bitcoin.

If and when new ETFs for spot Bitcoin becomes available for trading in January, I have read in many places that the companies with Bitcoin exposure will outperform Bitcoin. MARA, RIOT, BITF and many others. And this seismic event is just weeks away. Any comments?

How St. Francis Created The Nativity Scene, With A Miraculous Event In 1223 #MENAFN #Bitcoin #LatestNews #BreakingNews

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NDAX Market Report, Key Notes & Crypto Overview

DEC 18 - DEC 24

Market Updates

• The global cryptocurrency market has reached a total market capitalization of CAD $2.22 Trillion.  
• Bitcoin continues to lead the market with a dominance of 50.7%, followed by Ethereum at 16.4%. 

Crypto News

• Stablecoin Issuer Circle Conditionally Registered for Digital Asset Services in France Coindesk
• Spain sees 56% surge in registered crypto firms in 2023 Cointelegraph
• BlackRock, Nasdaq Meet SEC Again to Discuss Spot Bitcoin ETF Decrypt
• Bitcoin Ordinals Critic Caves as Jack Dorsey-Backed Ocean Mining Pool Flips on Inscriptions Decrypt
• Crypto users to reach almost one billion in 2024, analysts predict Cointelegraph
• Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto Coindesk
• Worldcoin is no longer offering Orb-verification in India, Brazil and France Techcrunch

Market Moves

• Solana is currently the top trading pair on NDAX, followed by Bitcoin, Ethereum, XRP, Cardano, Avalanche, Fantom, Polkadot and Shina Inu. 
• Week over week, the value of Bitcoin (BTC) is up 5.26% and currently trading at $57,631, while Ethereum (ETH) is up 5.15%, now trading around $3,038. 

Upcoming Events

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