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The first part has been met.
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Bull run is on?
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ADA Analysis on BINANCE NEWS Snippet. Bearish Sentiment for Cardano (ADA): Santiment, a cryptocurrency analytics firm, reports that Cardano is currently facing its highest level of bearish sentiment in over a year. Despite the upcoming Chang hard fork, which aims to introduce decentralized ownership, traders seem to have largely dismissed ADA. Founder Charles Hoskinson has described this hard fork as a significant upgrade for the proof-of-stake blockchain. Market Position and Comparison: Cardano’s technical advancements haven’t translated into market excitement. It remains outside the top 10 on CoinGecko. In contrast, XRP (Ripple) is experiencing bullish sentiment, reaching $0.61—the highest level since early April. Both XRP and Cardano are often compared due to their similar price movements and dedicated followings. Analyst Perspective: Former Goldman Sachs analyst Murad Mahmudov downplays the importance of both altcoins. However, the snippet ends abruptly, leaving us curious about the rest of Mahmudov’s statement. In summary, despite Cardano’s technical improvements, market sentiment remains bearish, while XRP enjoys positive narratives. The comparison between these two altcoins continues to intrigue investors. 📉📈
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SEC’s Investor Alert on crypto asset securities scams and compare them with scams involving fiat money: Crypto Asset Securities Scams: Innovations and New Technologies: Fraudsters exploit the popularity of crypto assets (such as cryptocurrencies, coins, and tokens) to lure retail investors into scams. Communication Channels: They often initiate contact through social media platforms or unsolicited text messages, pretending to be old friends or accidentally contacting the victim. Building Trust: Fraudsters establish online relationships, claiming knowledge of lucrative investment opportunities related to crypto assets. They may even direct victims to fake websites or apps. Investment Requests: Victims are convinced to invest larger sums of money, and when they want to withdraw funds, the fraudsters create excuses or demand additional fees1. Fiat Money Scams: Government-Issued Currency: Fiat money (like the US Dollar, Euro, British Pound, and Yen) is backed by the government that issued it and isn’t tied to a commodity like gold. Trust-Based Value: Fiat money derives its value from people’s trust in the authorities that issue it. History: Fiat money originated in China during the 10th century and spread globally. It’s widely used today for everyday transactions. Advantages: Fiat money allows for efficient transactions, but its value can erode due to aggressive monetary policies2. SEC’s Intentions: The SEC aims to prevent fraud, reduce market manipulation, and force more disclosure from crypto holders and exchanges. The agency has taken enforcement actions against crypto actors, considering the industry “rife with abuse.” SEC Chair Gary Gensler has called for certain crypto exchanges to register as securities trading platforms3. ON X 🐦 @SECGov
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Las ballenas de Bitcoin han estado aprovechando la reciente caída del precio de BTC para acumular más criptomonedas. Durante este mes, acumularon 71,000 Bitcoin, lo que representa la tasa más rápida de apilamiento desde abril de 2023. Gran parte de estas adquisiciones ocurrió cuando Bitcoin retrocedió a USD 54,200 el 5 de julio. Según CryptoQuant, este rápido aumento sugiere que el fondo de BTC podría estar cerca. Aunque las ballenas acumulan, los traders más pequeños han estado vendiendo sus tenencias. Además, se observó un aumento en el número de monederos de BTC con al menos 10 Bitcoin durante los primeros 10 días de julio. Sin embargo, no todas las ballenas planean mantener sus adquisiciones. Recientemente, una ballena dormida transfirió 1,000 Bitcoin a dos nuevos monederos después de 12 años de inactividad. A pesar de la caída de precios, Bitcoin mostró signos de recuperación durante el fin de semana, superando los 60,000 dólares. Este aumento coincidió con un intento de asesinato contra el candidato presidencial estadounidense Donald Trump en un mitin en Pensilvania. El precio de Bitcoin ha estado experimentando una caída recientemente debido a varios factores. Permíteme explicarte algunos de ellos: 1. Reunión del Comité Federal de Mercado Abierto (FOMC): Después de que la Reserva Federal mantuviera las tasas de interés estables en su reunión de junio, muchos perdieron la esperanza de recortes significativos antes de fin de año. Esto afectó negativamente a Bitcoin y otras criptomonedas. 2. Salida de fondos de los ETF de criptomonedas: En las últimas dos semanas, los flujos de salida de los fondos cotizados en bolsa (ETF) de criptomonedas han alcanzado los $1.2 mil millones. Esta tendencia ha contribuido a la caída del precio de Bitcoin en la última semana. 3. Índice del dólar estadounidense más fuerte: El fortalecimiento del dólar estadounidense también ha afectado el valor de Bitcoin en otras monedas.
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📢 Binance Delisting Announcement 📢 On July 22, 2024, Binance will delist the following tokens from its platform: 1. BarnBridge (BOND) 2. Dock (DOCK) 3. Mdex (MDX) 4. Polkastarter (POLS) Reasons for delisting include factors such as team commitment, development activity, trading volume, network stability, and regulatory compliance. Trading pairs affected include BOND/BTC, BOND/USDT, DOCK/BTC, DOCK/USDT, MDX/USDT, and POLS/USDT. After delisting: - Trading pairs will be removed. - Token valuations won't display in wallets. - Deposits won't be credited after July 23, 2024. - Withdrawals won't be supported after October 22, 2024. - Delisted tokens may be converted into stablecoins (not guaranteed). - Binance Simple Earn and Auto -Invest will also delist these tokens. Users with outstanding loans are advised to repay them before July 17, 2024. Binance Funding Rate Arbitrage Bot will close arbitrage strategies for BOND/USDT on July 16, 2024.
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🚨 Donald J Trump Shooting Incident 🚨 At a rally in Pennsylvania, former President Donald Trump was injured during a shooting incident. One attendee was killed, and another was wounded. The shooting is being investigated as an attempted assassination targeting Trump while he spoke at the rally. Trump was swiftly escorted offstage by security after gunshots were heard, and the suspected shooter is reported dead. Reports indicate Trump was injured with blood visible on his ear and face. The situation led to chaos and a swift response by law enforcement and medical teams at the rally venue.
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