🚀 Spotlight on SUI Token: Skyrocketing Success! 🚀

The dazzling SUI token, hailing from the innovative Sui blockchain, has catapulted by a whopping 50% this past month, now trading at an impressive $1.55 and securing the 28th spot in market cap rankings. Crafted by visionary engineers formerly at Meta, Sui is designed for stellar transaction speeds using a cutting-edge delegated proof-of-stake mechanism.

📈 Here's where the winds might sail SUI:

Short-term Forecast: Eyes on a meteoric rise of 227.99%, aiming for $5 by October 23, 2024.

2024 Outlook: Predictions flutter between $1.525 and a high of $7.21.

2025 Vision: Anticipated to find its pace around $3.74.

2030 Projection: Could soar between $10.37 and $12.93.

🤔💬 What’s your take on SUI’s trajectory? Dive into the discussion below and share your insights on this blazing trailblazer! #SUIRise #CryptoForecast #BinanceBuzz #Write2Earn! #SemlerScientific $SUI

Semler Scientific adopts Bitcoin as primary treasury asset

#SemlerScientific ( $SMLR ) has announced the adoption of #Bitcoin as its primary treasury reserve asset.

The company has purchased 581 $BTC for $40 million.

#BitcoinNews #Bitcoinadoption #TrendingTopic

🚀🎉 Epic Crypto News! 💰🔔

Semler Scientific (Nasdaq: SMLR), a leading player in the healthcare industry, is making waves in the crypto world! 🌊⚡️They've just announced their new Bitcoin treasury strategy! 🎯🏦

Its board of directors has adopted #Bitcoin as its primary treasury reserve asset. This move signifies faith in the potential and durability of cryptocurrency, marking an exciting era for Semler Scientific! 🎇💪

Stay tuned for more updates on how this strategic move unfolds and impacts the crypto and healthcare industries! 📡🌐

#CryptoNews #SemlerScientific #BitcoinStrategy

Bloomberg’s Expert Issues Bearish Bitcoin Warning as BTC Reclaims $60K
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In a recent post, Mike McGlone, senior commodity strategist at Bloomberg, warned that Bitcoin, the flagship cryptocurrency, could be leading the reversion of risk assets.

Its underwhelming performance since March has been gaining companions from the stock market as well as the commodities sector.

Earlier this year, McGlone predicted that gold could end up outperforming Bitcoin due to macroeconomic factors.
While this was not the case, gold recently managed to hit a new all-time high.

Meanwhile, Bitcoin is struggling to recover after its recent price plunge.

Earlier this month, McGlone stated that the Bitcoin hangover might be “enduring” due to the unique combination of U.S. ETF launches and a supply cut in the first quarter that pushed the cryptocurrency to record highs.

On Sunday, the leading cryptocurrency reclaimed the $60,000 level. However, it is still far from regaining its current record high that was achieved in March.

“Born of the financial crisis and quantitative easing, Bitcoin has led most risk assets to this year’s highs and may be doing the same on the way back down,” he said in another recent post.

Earlier this month, McGlone also pointed out that Bitcoin had dropped below its upward-sloping 200-day moving average, which suggests that risk assets could be rolling over.

At press time, the leading cryptocurrency is trading at $59,611 on the Bitstamp exchange.

The Fed’s upcoming rate cut is supposed to inject bullish optimism. However, it remains to be seen whether it will manage to put the ball back in the bulls’ court.

#Bitcoin #BTC #BlackRock #BloomBerg #SemlerScientific $BTC $ETH $SOL

🚨 Semler Scientific Boosts Bitcoin Holdings by $17 Million Amid Market Fluctuations

In a noteworthy development, Semler Scientific, a medical device maker, has increased its Bitcoin holdings by $17 million, bringing its total to $74 million. This strategic move follows their previous investment of $40 million in Bitcoin, which resulted in a 25% surge in the company's stock price. The company plans to raise an additional $150 million to further invest in Bitcoin, showcasing its strong belief in the cryptocurrency's potential.

#Bitcoin #CryptoNews #SemlerScientific #BTC $BTC

🚀 Semler Scientific Invests $40 Million in Bitcoin

American health technology firm Semler Scientific has made a significant investment in Bitcoin, totaling $40 million. This strategic move reflects the growing trend of traditional companies integrating cryptocurrency into their investment portfolios, showcasing confidence in Bitcoin's potential as a long-term asset.

#SemlerScientific #Bitcoin #Crypto #BTC $BTC

🚩 Semler Scientific adopts #Bitcoin strategy!
The company has purchased an additional $17 million worth of Bitcoin, bringing its total holdings to nearly $59 million.
#Semler plans to buy up to $150 million more, following a strategy similar to MicroStrategy's.

#MicroStrategy #SemlerScientific #TrendingTopic

Top 5 meme coins: Dogecoin, Shiba Inu, Pepe, Dogwifhat and Bonk extend losses
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Dogecoin, Shiba Inu, Pepe, Dogwifhat, and Bonk extend losses following Bitcoin's drop to around $58,000.Meme coins have observed a decline in on-chain activity.Meme coin market capitalization shrinks to $40 billion on Monday. 

Meme coins erased 6% of their market capitalization in the last 24 hours, down to $40 billion per CoinGecko data. The shrinking market capitalization reflects the “fear” among crypto traders. 

Alternative.me’s Crypto fear and greed index reads 25 on Monday, signaling “extreme fear” among traders. Two market movers are likely driving the changing sentiment, alongside macro factors this week. 

The top five meme coins ranked by market capitalization include Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Dogwifhat (WIF) and Bonk (BONK). These five tokens erased between 6% and 9% of their value in the last 24 hours, per CoinGecko data. 

Meme coins are the leading narrative in the ongoing market cycle, which has been termed as the “meme coin supercycle. The sector outperformed others consecutively in the first two quarters of 2024. 

Meme coin launchpads like Pump.fun and Moonshot have recorded a large number of launches as the asset category gains popularity. 

Data from Dune Analytics shows only 0.12% of the meme coin launches on Pump.fun made it past $60,000 in market capitalization (in the last 24 hours) and a listing to the decentralized exchange Raydium. The alarming numbers show the state of meme coins and investments in the category. 

1.4% of Pump.fun’s 1.58 million meme coins that have been listed on the DEX since its inception were listed on a DEX.

#Meme #Memecoins #Altcoins #SemlerScientific #shiba⚡ $BTC $ETH $SOL

🚨 Medical technology and software provider Semler Scientific purchased $17 million worth of Bitcoin. 💫 Semler Scientific, which purchased 247 Bitcoins in exchange for $ 17 million in cash, plans to raise funds worth $ 150 million to further increase its Bitcoin assets.

#SemlerScientific #BTC #bitcoin $BTC