Warning! This post contains SPOILERS for Darth Maul: Black, White, and Red #2

Darth Maul's new "Sith Meditation" scene flips his iconic Star Wars duel in The Phantom Menace. As seen in Marvel's Darth Maul: Black, White, and Red anthology series, the newly released second issue depicts a brutal mission before the events of the Skywalker saga when Maul was still training and apprenticed under Darth Sidious. To that end, Darth Maul takes a moment at the issue's start to center himself within the dark side of the Force.

As seen in Darth Maul: Black, White and Red #2 by Mark Russell and Carlos Nieto, the titular Dark Lord of the Sith has been tasked by his master to take control of the remote Moonbender Colony, a remote settlement on the outskirts of Republic space protected by a group of former bounty hunters and mercenaries known as the Remainders. To that end, the beginning of the issue sees Maul sitting down and meditating on the dark side's power before unleashing his brutal skills on Moonbender.

Once the Remainders choose to fight this strange outside sitting at the doors of their fortress-like facility, Maul's Sith mediation comes to a dark end as the Sith apprentice prepares to bring every one of these fighters to their deaths.

What's the best way to watch Star Wars? Here's everything you need to know to watch in release or timeline order, and how to include the TV shows.

In The Phantom Menace, Qui-Gon Jinn takes advantage of the brief delay during his and Obi-Wan's duel with Darth Maul to meditate. This was due to the Jedi Master and Sith apprentice being temporarily separated by an energy force field. Kneeling and closing his eyes, Qui-Gon centered himself on the light side of the Force, seeking to restore his fatigue and gain greater focus while Maul simply stalked back and forth, impatiently waiting for the field to drop so the duel could continue.

Conversely, this new issue shows that Maul was indeed trained in the far darker art of Sith meditation. Drawing upon the darkest of emotions such as hatred, fear, and/or anger, a Sith Lord can focus that energy into a greater source of focused power in the dark side. They become stronger and far more ruthless, rather than finding peace and restoration as seen with Jedi meditation. As such, the same is true with Maul unleashing all his rage and fury in this new issue the moment his dark meditation is interrupted by the Remainders and their horrible decision to stay on Moonbender and fight him.

Despite being outgunned and outmanned, Maul systemically executes each member of the Remainders as he works his way through the facility, beginning with a magnetically sealed tunnel the Remainders hoped would have ended the Sith Lord following repeated waves of ricocheting blaster fire. Instead, Maul's power was on full display, cutting down all of his opponents before learning that this entire mission was a Sith trial designed by his master to test Maul's skills against a variety of different combatants. Regardless, it's impressive to see Darth Maul meditating through the power of the dark side, a Sith technique rarely seen in the canonical galaxy far, far away.

Darth Maul: Black, White & Red #2 is available now from Marvel Comics.

Darth Maul: Black, White & Red #1 (2024)

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Darth Maul's Sith Meditation Totally Flips Episode I's Duel of the Fates - Screen Rant

Employees yearn for appreciation for their hard work. Good leaders understand this and always strive to prioritize, support, and thank their employees for going above and beyond. Thus, to urge all leaders to do the same, we have curated a list of the best employee recognition quotes.

We know that employee recognition doesn't come easy. But, with the right mix of rewards and recognition, you might be able to win half of the battle.

But the question is how? How can you express your gratitude and appreciate your employees, and increase engagement? Nothing, in our opinion, can be more meaningful than some good old words.

Even if you lack the funds for a conventional recognition program, the simple act of praising your coworkers may make a big difference in their happiness and boost their joy to work.

You never know when a moment and a few sincere words can have an impact on life. ~ Zig Ziglar

It's very inexpensive to give a compliment. ~ Joyce Meyer

Keep your eyes open and try to catch people in your company doing something right, then praise them for it. ~ Tom Hopkins

Feedback is the breakfast of champions. ~ Ken Blanchard

Nothing is more effective than sincere, accurate praise, and nothing is more lame than a cookie-cutter compliment. ~ Bill Walsh

I have always believed that the way you treat your employees is the way will treat your customers and that people flourish when they are praised. ~ Richard Branson

Mediocrity knows nothing higher than itself, but talent instantly recognizes genius. ~ Arthur Conan Doyle

A brave man acknowledges the strength of others. ~ Veronica Roth

Employees who report receiving recognition and praise within the last seven days show increased productivity, get higher scores from customers, and have better safety records. They're just more engaged at work. ~ Tom Rath

I think you need to love giving compliments as much as you love receiving them. ~ Yami Gautam

What gets recognized gets reinforced, and what gets reinforced gets repeated. ~ Anonymous

Brains, like hearts, go where they are appreciated. ~ Robert McNamara

Recognize and affirm people when they contribute to the mission you share. Do this, and you will ignite their purpose and potential. ~ Mike Byam

Take time to appreciate employees, and they will reciprocate in a thousand ways. ~ Bob Nelson

I would maintain that thanks are the highest form of thought, and that gratitude is happiness doubled by wonder. ~ G.K. Chesteron

A culture of gratitude helps people realize how truly fortunate they are and instills a desire to pay that forward. ~ Karl Sun

If you don't create a great, rewarding place for people to work, they won't do great work. ~ Ari Weinzweig

Employees who believe that management is concerned about them as a whole person - not just an employee - are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability. ~ Anne M. Mulcahy

The way to develop the best that is in a person is by appreciation and encouragement. ~ Charles Schwab

People work for money but go the extra mile for recognition, praise and rewards. ~ Dale Carnegie

Good work requires an appreciation of the value of routine, ordinary, mundane rhythms of doing what needs to be done, each day and each week, thoroughly and with care. ~ Gordon T. Smith

You need to be aware of what others are doing, applaud their efforts, acknowledge their successes, and encourage them in their pursuits. When we all help one another, everybody wins. ~ Jim Stovall

You become strong by lifting others up, not pulling them down. ~ Matshona Dhliwayo

Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well. ~ Voltaire

Treat your employees like an investment, not a cost. ~ Dan Sullivan

Everyone wants to be appreciated, so if you appreciate someone, don't keep it a secret. ~ Mary Kay Ash

I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel. ~ Maya Angelou

A boss wants to pay for results, an employee wants recognition for effort. If a boss recognizes effort, they will get even better results. ~ Simon Sinek

When an employee truly understands the meaning of his work and gets recognition for his efforts, he performs the best. ~ Abhishek Ratna

A good objective of leadership is to help those who are doing poorly to do well and to help those who are doing well to do even better. ~ Jim Rohn

Some people want it to happen, some wish it would happen, others make it happen. ~ Michael Jordan.

To win in the marketplace you must first win in the workplace. ~ Doug Conant

Recognition is not a scarce resource. You can't use it up or run out of it. ~ Susan M. Heathfield

If you do not treat people with the respect they deserve, do not expect any kind of commitment to your productivity goals and target. ~ Ian Fuhr

There is more hunger for love and appreciation in this world than for bread. ~ Mother Teresa

Nothing great was ever achieved without enthusiasm. ~ Ralph Waldo Emerson

We are what we repeatedly do. Excellence then, is not an act, but a habit. ~ Aristotle

Mary Kay knew that when you put people first and then surround them with processes and disciplines that recognize their efforts, performance will soar. ~ David C. Novak

I have always believed that the way you treat your employees is the way they will treat your customers, and that people flourish when they are praised. ~ Sir Richard Branson

Youve got to get your team to not only understand your company brand, but also to understand their personal brand. ~ Amber Hurdle

Realize that employees and the customers both have to be engaged, at the same time, to move your business forward for sustainable success. ~ Robert G. Thompson

In behavioral economic terms, when we offer recognition we are acknowledging that the recipients have met a social ideal. They are behaving in a certain manner because they believe is the right thing to do. If we then recognize that behavior with praise or appreciation, we offer a confirmation that their behavior is desirable, and do so in a manner that recipients find meaningful. ~ Cindy Ventrice

When a manager recognizes an employees behavior, personally and sincerely, both feel proud, gratified, and happy. Theres a human connection that transcends the immediate culture to create a shared bond. The power of this bond is stronger than you might think; indeed, its the power that holds together great organizational cultures. ~ Erik Mosley and Derek Irvine

Correction does much, but encouragement does more. ~ Johann Wolfgang von Goethe

If people did not compliment one another there would be little society. ~ Luc de Clapiers

What every genuine philosopher (every genuine man, in fact) craves most is praise although the philosophers generally call it recognition! ~ William James

Praise does wonders for our sense of hearing. ~ Arnold H. Glasow

Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. Theyre absolutely free and worth a fortune. ~ Sam Walton

Note how good you feel after you have encouraged someone else. No other argument is necessary to suggest that never miss the opportunity to give encouragement. ~ George Adams

Being told something positive about yourself, whether from someone youre close to, or a passing acquaintance, should really lift the spirits. Just the fact that someone has taken the time to let you know, should have you feeling noticed and appreciated. ~ Paul Bailey

Always treat your employees exactly as you want them to treat your best customers. ~ Stephen R. Covey

Appreciation is the highest form of prayer, for it acknowledges the presence of good wherever you shine the light of your thankful thoughts. ~ Alan Cohen

Also read - 152 Greatest Motivational Quotes for Work We Hand-Picked For You

Feeling grateful or appreciative of someone or something in your life actually attracts more of the things that you appreciate and value into your life. ~ Northrup Christiane

Gratitude is the most exquisite form of courtesy. ~ Jacques Maritain

It is a sign of mediocrity when you demonstrate gratitude with moderation. ~ Roberto Benigni

Feeling gratitude, and not expressing it, is like wrapping a present and not giving it. ~ William Arthur Ward

Life isnt about getting and having; its about giving and being. ~ Kevin Kruse

Even a brief interaction can change the way people think about themselves, their leaders, and the future. Each of those many connections you make has the potential to become a high point or a low point in someones day. ~ Douglas Conant

Paychecks cant buy passion. ~ Brad Federman

People want to be appreciated, cared for, loved, trusted, and respected. But they also want to be understood, and if you master the skills to achieve that, you truly become exceptional. ~ Joe Navarro

Gratitude is a currency that we can mint for ourselves, and spend without fear of bankruptcy. ~ Fred De Witt Van Amburgh

At times, our own light goes out and is rekindled by a spark from another person. Each of us has cause to think with deep gratitude of those who have lighted the flame within us. ~ Albert Schweitzer

Showing gratitude is one of the simplest yet most powerful things humans can do for each other. ~ Randy Pausch

Develop an attitude of gratitude. Say thank you to everyone you meet for everything they do for you. ~ Brian Tracy

No duty is more urgent than that of returning thanks. ~ James Allen

The thankful receiver bears a plentiful harvest. ~ William Blake

If you are really thankful, what do you do? You share. ~ W. Clement Stone

Appreciation can make a day, even change a life. Your willingness to put it into words is all that is necessary. ~ Margaret Cousins

I was very pleased with your kind letter. Until now I never dreamed of being something like a hero. But since youve given me the nomination I feel that I am one. ~ Albert Einstein

Thanks will be a worthless word until a person tells it from heart. When a person thanks someone with full heart then the word will be big and worthy word and will have full meaning to the person. Or else it will remain small and valueless word if a person says it just for saying. ~ Salman Aziz

Dont forget, a persons greatest emotional need is to feel appreciated. ~ H. Jackson Brown Jr.

The deepest principle in human nature is the craving to be appreciated. ~ William James

It does not matter who is in your team, what matters is who they will become because of you. ~ Sunday Adelaja

Criticism, like rain, should be gentle enough to nourish a mans growth without destroying his roots. ~ Frank A. Clark

Everybody is looking for validation, no matter who you are, and I think that's a need of the human condition - to look for affection or recognition or validation. ~ Alejandro Gonzalez Inarritu

People want to be understood and respected as individuals. Years ago, an executive editor of mine said, You should count the number of times you praise somebody and then double that. Even the toughest, steeliest writer or editor often really wants to be told, Hey, that was a great piece. Early in my career as a manager, it probably took me a while to realize that everyone wants that. Its just a human need. ~ Cindi Leive

Make sure everybody in the company has great opportunities, has meaningful impact and is contributing to the good of the society. ~ Larry Page

People are the most important thing. Business model and product will follow if you have the right people. ~ Adam Neumann

What we need to do is always lean into the future; when the world changes around you and when it changes against you- what used to be your tail wind is now your head wind. You have to lean into that and figure out what to do, because complaining isnt a strategy. ~ Jeff Bezos

Treat your employee right so they wont use your Internet to look for new jobs. ~ Mark Zuckerberg

The way your employees feel is the way your customers feel. And if your employees dont feel valued, neither will your customers. ~ Sybil F. Stershic

Productivity of work is not the responsibility of the worker but of the manager. ~ Peter F. Drucker

If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction and cash flow. ~ Jack Welch

Every employee can affect your companys brand, not just the frontline employees that are paid to talk to your customers. ~ Tony Hsieh

Motivating employees to work at their full potential is the main premise of successful management. ~ Eraldo Banovac

Good management consists of showing average people how to do the work of superior people. ~ John D. Rockefeller

At the end of the day, you bet on people, not on strategies. ~ Lawrence Bossidy

In order to build a rewarding employee experience, you need to understand what matters to your people. ~ Julie Bevacqua

Human resources isnt a thing we do. Its a thing that runs our business. ~ Steve Wynn

Treating employees benevolently shouldnt be viewed as an added cost that cuts into profit, but as a powerful energizer that can grow the enterprise into something far greater than the leader could envision. ~ Howard Schultz

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Top 102 Employee Recognition Quotes To Celebrate Their Endeavours - Vantage Circle

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Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind - CoinDesk

Bitcoin (BTC) remains on track to touch the aspirational $150,000 level by the end of this year as spot BTC exchange-traded funds (ETFs) continue to see significant inflows.

I am sticking with my end-2024 $150K and end-2025 $200K forecasts for BTC, Standard Chartereds forex and digital assets research head Geoffrey Kendrick said in a Thursday note shared with CoinDesk. Before then, if tomorrows payrolls data are friendly I would expect a fresh all-time-high to be reached over the weekend.

As we approach the U.S. election, I expect $100K to be reached and then $150k by year-end in the case of a Trump victory, Kendrick added. As of Thursday, crypto traders on Polymarket are betting 56% odds of Trump being in office, compared to 36% for incumbent Joe Biden.

Sentiment for bitcoin and the broader crypto market has risen since May on the listing approval for ether (ETH) ETFs and support for the industry among U.S. political parties.

ETFs crossed $15 billion in net inflows on Tuesday for the first time since going live in January, boosting sentiment among bitcoin traders. Inflow activity has picked up recently after a dismal few weeks from mid-April to early May, a period that saw zero net inflows on some days and even outflows from major ETFs such as BlackRocks IBIT.

Spot bitcoin ETFs saw over $880 million in inflows on Tuesday, led by Fidelitys FBTC. This was the best day of inflows since March and the second-highest overall.

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Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered - CoinDesk

Bitcoin has moved sharply higher this week, topping $70,000 per bitcoin after the Federal Reserve made a surprise "admission."

Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and "uncover blockchain blockbusters poised for 1,000% plus gains" in the aftermath of bitcoin's halving earthquake!

The bitcoin price has come back to within touching distance of its all-time high as a top Goldman Sachs executive hails an "astonishing turning point."

Now, with U.S. Treasury secretary Janet Yellen issuing a huge $34 trillion warning that could trigger bitcoin price chaos, bitcoin has been seen to mirror a price pattern last seen in 2017just before bitcoin's "parabolic" price run.

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Bitcoin has moved sharply higher this year, putting the bitcoin price back above its 2021 all-time ... [+] high.

"You're looking at the first breakout of bitcoin against M1 money supply since March 2017 when it went historically parabolic for 9 months," an anonymous bitcoin analyst posted to X alongside a chart that showed bitcoin's breakout and retest of a so-called Bollinger band as it last did in 2017.

Bollinger bands are used by traders to chart price and volatility trends while the M1 money supply refers to cash in the economy.

"Dramatic chart," closely-followed technical analysis trader Peter Brandt replied. "This chart is amazing."

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The bitcoin price rocketed after a fleet of Wall Street ETFs hit the market.

In 2017, the bitcoin price started the year at under $1,000 per bitcoin before rocketing to a peak of around $20,000 per bitcoin in December 2017.

"Technically, bitcoin has already broken the resistance of the descending channel and is testing horizontal resistance," Alex Kuptsikevich, senior market analyst with FxPro, said in emailed comments. "The ability to go above $71,000 opens the way for a renewal of historical highs, which could happen very quickly."

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Bitcoin Braced To Go 'Parabolic' After 'Amazing' 2017 Price Breakout Repeat - Forbes

We have yet to find a perfect place to buy Bitcoin. But if you want to know the best place to buy Bitcoin for you, the answer will depend on the features that matter most to you. Here are a few that you should consider when evaluating the best cryptocurrency exchanges, brokers, and apps.

The cost of buying and selling Bitcoin can vary dramatically from one crypto exchange platform to another. While it shouldn't be the only factor you consider, it's important to know what you'll pay on each platform you're considering. When considering fees, check to see what spread the platform charges, as this can push the cost up considerably.

All of the places on the above list will let you buy Bitcoin. But if you want to invest in other cryptocurrencies or begin crypto trading, you'll want to look for a platform that has a good selection. If you'd like to invest in Bitcoin and stocks in the same place, you'll need a platform that offers that.

Some of the biggest cryptocurrency exchanges have extensive libraries of articles, videos, and tutorials to help users learn about Bitcoin and other cryptocurrencies. This can be a big differentiator when looking for the best place to buy Bitcoin, even for people who already understand how Bitcoin works.

Depending on the investor, this could mean different things. For example, someone who is looking to buy their first Bitcoin and only plans to occasionally buy and sell the digital currency may want as simple of a user interface as possible. On the other hand, an active and experienced Bitcoin trader might want a trading platform with many features (charting tools, order options, etc.).

We touched on safety above, but it bears repeating. There's no point in investing in Bitcoin only to lose your assets if the platform collapses or is hacked. Research the risks involved and look for crypto exchanges that are transparent about their security, assets, and insurance.

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Best Places to Buy Bitcoin in 2024 - The Motley Fool

The realized price of Bitcoin short-term holders (STHs) is increasing, indicating that BTCs uptrend will continue as the price broke above $70,000 on June 10.

When the price of Bitcoin (BTC) rose from around $68,000 to $70,232 over the last seven days, the realized price of short-term holdersthe average acquisition price for coins moved within the last 155 days and held outside exchange reservesrose by 1.5% over the same time frame, according to James Van Straten, a lead analyst at Cryptoslate.

This group mainly consisted of those who purchased BTC before and after the approval of the U.S. spot Bitcoin ETF in January, just before it breached its previous all-time high of $69,000 in March.

Using data from market intelligence firm Glassnode, Van Straten noted that STH realized price has been steadily increasing, nearing $64,000, indicative of Bitcoins uptrend over the last 18 months.

As long as Bitcoin holds above $64,000 for the next few months, the long-term outlook for Bitcoin price will remain bullish as this level acts as a significant support zone.

At the time of publication, BTC is trading at $70,090 and is enjoying robust support on the downside compared to the resistance it faced in its recovery path.

This was corroborated by data from IntoTheBlock, whose In/Out of the Money Around Price (IOMAP) model showed that the immediate support for the price around $69,000 was where approximately 1.3 million were previously bought by more than 2.22 million addresses.

Any attempts to pull the price lower may be met by aggressive buying from this cohort of investors who would like to increase their profits.

Related: BTC price settles at $69K after dip wipes $1.3B Bitcoin open interest

Additional data from CryptoQuant reveals a spike in Taker Buy Sell Ratio on the HTX crypto exchange.

The Taker Buy Sell Ratio is a key metric used by traders to gauge market sentiment and potential price movements. A ratio above one suggests more takers are buying than selling, indicating bullish sentiment, while a ratio below one suggests the opposite.

Independent trader Ali Martinez observed that this ratio had spiked to 730, a rare occurrence signaling exceptionally strong buy-side pressure on the HTX exchange.

Generally, the spike in the Taker Buy Sell Ratio suggests that a significant number of investors are currently buying Bitcoin in anticipation of further price increases. This surge in buying activity often precedes notable price jumps.

In another X post, Martinez observed a spike in the number of daily active addresses on the Bitcoin network, breaking a downtrend that started on March 5! He shared a chart from Santiment showing that 765,480 more addresses were active on the Bitcoin blockchain over the last 24 hours.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Bitcoin's short-term holder realized price hits $64,000, confirming BTC rally - Cointelegraph

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Crypto's culture encourages investors to "HODL," or hold on for dear life, in the rollercoaster ride of bitcoin's extreme fluctuations.

But this long-prized practice may diminish as adoption of ETFs grows, particularly if traditional investors who are accustomed to rebalancing their portfolios regularly add in bitcoin exposure.

The cryptocurrency has become increasingly institutionalized in recent years and since the launch of exchange traded funds this year that track bitcoin's price, that trend is expected to increase especially as different wirehouses, brokerages, and advisors start to turn on client access to the ETFs.

"You have so many people in this community who are just diamond-handed holders," Donald Marron,director of economic policy initiatives at Urban Institute, said this week at the 2024 Vision conference in Austin, Texas. "If you convince them to allocate 1% [to bitcoin] today and never touch it, they would see enormous wealth gains if you were on those roads to a much higher bitcoin price."

"If you have people who are actually doing what I view as traditional asset allocation, they're going to face a question every quarter, every month, every year about whether they rebalance," he added. "From a risk management point of view, rebalancing is a good thing. But rebalancing also means that they're going to be sellers along this journey."

At some point, every HODLer becomes a seller, according to Julio Moreno, head of research at CryptoQuant. At the moment, long-term holders are selling, as is normal during bull markets, after accumulating bitcoin during the bear market.

Matt Hougan, chief investment officer at Bitwise Asset Management, the issuer of the Bitwise Bitcoin ETF (BITB), said investors should treat bitcoin "like any other asset add it into a portfolio and include the rebalancing process" pointing to bitcoin's traditional four-year cycle of three good years followed by a down year.

"Bitcoin has has boom and bust cycles," he said, speaking at the Vision conference, a crypto investing forum for advisors hosted by the Digital Assets Council of Financial Professionals. "When you add rebalancing to your portfolio, the impact on 'sharpes' and other measures increases dramatically."

Sharpe ratios help investors assess the return they get from an investment relative to the amount of risk they take.

Rebalancing may help dampen bitcoin's notorious volatility one of the biggest things keeping many investors away from the asset, according to Michael Allegue, an investment officer at MassMutual.

"As more and more institutional capital comes in, there's potential for volatility dampening as many other firms, us included, are probably going to be rebalancing accounts they're not going to be purely buy-and-hold," Allegue said.

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Bitcoin ETFs bring in a new investor who bucks the 'HODL' culture and rebalances as bitcoin soars - CNBC

(Bloomberg) -- Bitcoins rally to near a record high is reawakening animal spirits not just in the cryptocurrency market itself, but in the broader financial world that had left the digital asset sector for dead last year.

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The change of heart can be seen in the improved outlook for deal flow, highlighted by Robinhood Markets Inc.s purchase of crypto exchange Bitstamp Ltd. on Thursday, to a resurgence of venture-capital investments to what some analysts are expecting to be record amount of initial public offerings of companies connected to the industry.

In the crypto market itself, theres been a notable return of the hallmarks of previous bull markets: Celebrities are once again promoting crypto, and new tokens are being created at a rate of thousands per day, with some 330,000 coins debuting in the Ethereum ecosystem in April and May alone, according to crypto data tracker Dune.

Taken all together, it demonstrates that theres nothing like rising prices to make investors forget about past financial carnage including bankruptcies of crypto exchange FTX and lender Celsius in a market thats most famous for its scandals and boom-and-bust cycles.

Investors often have short memories, said Campbell Harvey, a finance professor at Duke University. When market sentiment is high, they put extra weight on good news and tend to downplay the bad news that might have happened in the past.

Bitcoin climbed this week to within 2.5% of the all-time high of $73,798 reached in mid-March amid surging demand for recently authorized exchange-traded funds. While the bellwether digital currency is up almost 70% already this year, the gains pale in comparison to the returns of extremely speculative memecoins such as Dogwifhat and Bonk.

This years boom was kicked into high gear when the Securities and Exchange Commission approved ETFs investing directly into Bitcoin in January. Then in May, the agency made a step toward approving similar spot Ether ETFs, a move many in the industry have seen as caving to increased political pressure to legitimize crypto and create new laws that would make it easier for digital-asset companies to operate.

US Bitcoin ETFs attracted inflows for an unprecedented 18th straight day through Thursday. Net subscriptions for the group of almost a dozen products stood at $15.6 billion, taking total assets to $62.3 billion, according to data compiled by Bloomberg.

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Large financial companies are wading deeper into crypto. Earlier this week, Mastercard resumed letting users of the worlds biggest crypto exchange, Binance, make purchases on its network. Binance settled with the Justice Department over anti-money laundering and other violations last year, and is still fighting charges from the SEC.

Over the past several months, we have reviewed the enhanced controls and processes that Binance has put into place, a Mastercard spokesperson said in a statement. It is based on those efforts that we have decided to allow Binance-related purchases on our network. This status is contingent on ongoing reviews.

Crypto MNA is heating up as well. This week, Bitcoin miner Core Scientific Inc. rejected an unsolicited $1 billion takeover offer from artificial intelligence startup CoreWeave Inc., just days after announcing a partnership. On Thursday, Robinhood said it will acquire Bitstamp for $200 million to expand its crypto business in Europe.

A US regulatory framework creates a velocity of innovation environment that accelerates an institutions buy-over-build decision-making and drives a robust M&A environment, Elliot Chun, partner at MNA consultant Architect Partners, said in a recent note. I will be bold and say that in May 2024, our industry officially transitioned from #TheGreatPurge and entered into #TheGreatSurge.

Crypto funds are flourishing, with more such funds launching in the first quarter than in any time since the second quarter of 2021, according to Crypto Fund Research.

Talk of new crypto IPOs is reviving, with Kraken said to be in talks for a pre-IPO funding round, while eyeing an IPO as soon as in 2025, Bloomberg reported Thursday. If crypto prices keep increasing, the next 18 months could see the biggest wave of crypto-related IPOs on record, according to Renaissance Capital, a pre-IPO researcher.

I do think that if these companies can point to explosive revenue growth or strong earnings, that will get investors interest, said Matthew Kennedy, senior market researcher with Renaissance. I suspect that the financials are there, and that investors will take them with a grain of salt they know its a cyclical business, plenty of companies are like that.

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Bitcoin Rally and 'Short Memories' Reignite Everything in Crypto - Yahoo Finance

Bitcoin price is back to trading below the pivotal $70,000 after losing ground over the weekend. Last week was bullish for BTCalso altcoins and especially among meme coins like Pepe, Notcoin, and GameStop.

Should Bitcoin secure support at $68,000, interest in the gigantic coin will grow significantly as traders look forward to the next attempt to reach new all-time highs.

The Federal Open Markets Committee will begin its sitting on Tuesday, June 11 to deliberate key economic policies touching on inflation and interest rates. Similarly, the US Consumer Price Index (CPI) report used to gauge the inflation trend will be released on June 12.

Economists project the CPI at 3.4% to match the previous 3.4%. This data will help central bank officials in the FOMC to affirm the banks outlook on the economy.

Traders should anticipate volatility during the week, which calls for caution among investors. However, the FOMC meeting is unlikely to result in a change in interest rates.

Market watchers say that the Fed could make the first interest rate cut in September.

The largest cryptocurrency hovered at $65,375 on Monday below key indicators such as the 20-day Exponential Moving Average (EMA) in blue and the 50-day EMA in red on the four-hour chart.

Bitcoin also sits below the Bollinger bands middle boundary. Nevertheless, it is important to pay attention to the bands narrowing. In other words, BTC is getting ready for a breakout whose direction may be decided later in the week as the market reacts to the CPI report and the FOMC meeting.

The more the Bollinger bands converge, the larger the breakout could be. Hence, a break above resistance at $69,642 may affirm the uptrend and increase the chances of a return above $70,000.

Remember Bitcoin price prediction recently breached the ascending trend lines support. This was to the disadvantage of the bullsand if this level goes unreclaimed for much longer, selling pressure will increase. Such an outcome may push BTC below $68,000 and bring support at $66,000 within reach.

The Relative Strength Index (RSI) reinforces the bearish grip on the trend but bulls still have time to fight for control as the RSI moves sideways at 45. Should the sliding continue into the oversold region, the path of least resistance will lean more to the south.

An uptrend will start to build for a breakout above $70,000 backed by the Bollinger bands constriction.

Considering the bullish outlook of Bitcoin ETFs with a daily total net inflow of $139 million on Friday, market sentiment remains positive. Moreover, the Bitcoin futures market recently hit a new record high above $37.5 billion, cementing the bullish outlook.

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Bitcoin Price: Heres When BTC Could Hit New All-Time High - CoinGape