👉 From March 2023, Bitcoin Dominance trade in a parallel channel.
👉 Once in Dec 2024 dominance trying to break down the channel but again enter in the channel.
👉 Now you clearly see that Bitcoin dominance successfully breakout the parallel channel.
👉 Bitcoin price gaining momentum but Alts still looks weak as compared to the btc. So btc dominance is only the reason behind this no Altseason and today btc dominance makes an ATH of this cycle.
👉 Now the stoppage of this dominance is around 70-72% because this is a top of btc dominance in last cycle.
👉 There’s no altseason until Bitcoin dominance goes down.
👉 From March 2023, Bitcoin Dominance trade in a parallel channel.
👉 Once in Dec 2024 dominance trying to break down the channel but again enter in the channel.
👉 Now you clearly see that Bitcoin dominance successfully breakout the parallel channel.
👉 Bitcoin price gaining momentum but Alts still looks weak as compared to the btc. So btc dominance is only the reason behind this no Altseason and today btc dominance makes an ATH of this cycle.
👉 Now the stoppage of this dominance is around 70-72% because this is a top of btc dominance in last cycle.
👉 There’s no altseason until Bitcoin dominance goes down.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
