Bitcoin is currently trading above $46k, with market experts predicting a further increase if the US SEC approves a spot Bitcoin ETF. This approval could potentially cause Bitcoin’s price to soar even higher. At the time of writing, Bitcoin’s price stands at $46,239, marking an increase of over 1% in the last 24 hours.
As the bear market concludes and trading volume surges across both centralized and decentralized exchanges, many people face the challenge of how to trade cryptocurrencies. Bitbot, a self-custodial trading bot, aims to simplify this process. Bitbot allows users to trade via their cold wallets on Telegram, a leading social media platform for crypto users. The bot offers a range of powerful features designed to help users grow their trading portfolios through an ultra-intuitive interface built on top of institutional-grade technology.
Bitbot’s development team brings a wealth of experience from various fields, including traditional finance and blockchain. This diverse expertise is crucial in delivering a product that combines innovative features for crypto traders with the security measures seen in traditional asset trading. With the Bitcoin halving event approximately three months away, Bitcoin’s price is expected to reach a new all-time high, which will likely increase trading volume for Bitcoin and other altcoins.
Bitbot prioritizes security, partnering with Knightsafe to offer a self-custody solution that significantly reduces the typical risks associated with Telegram trading. The bot will also use part of the funds raised from its presale to develop anti-MEV and anti-rug solutions to protect users’ assets. These solutions aim to shield investors from bots that artificially inflate transaction costs and block scam projects. The Bitbot team is also developing a copy trading feature that will allow investors to replicate the trades of the strongest performing wallets based on on-chain activities.
Bitbot’s presale is set to begin on January 17th, with a starting price of $0.0100. The total supply of Bitbot tokens is 1,000,000,000, with 30% of these tokens being sold in a presale across eight stages. The Bitbot development team will retain 20% of the tokens to fund ongoing development, while 14% will be allocated for marketing and CEX listings. If Bitbot becomes a billion-dollar market cap project, early $BITBOT holders could potentially make 100X gains.
2024 could be an exciting year for the crypto market, especially with the expected approval of a spot Bitcoin ETF by the US SEC and the upcoming Bitcoin halving event in April. These events could potentially lead to significant growth for low-cap gems like Bitbot, making it a promising investment for cryptocurrency traders.
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | North America |
| Countries | 🇺🇸 |
| Sentiment | very positive |
| Relevance Score | 1 |
| People | None |
| Companies | Bitbot, Knightsafe, Solid Proof, US SEC |
| Currencies | Bitcoin, bitbot |
| Securities | None |
