Has the market bottomed as whales continue to accumulate Bitcoin?

In recent weeks, whales have net bought up to 71,000 BTC worth $4.3 billion! This accumulation rate reached its highest level since April 2023.

According to CryptoQuant, when looking at the Coinbase Premium Gap index, we can see that financial institutions in the United States are buying Bitcoin again after a long period of selling. From a psychological perspective, BTC price reflects that investors have ended the period of fear and depression.

CryptoQuant experts also said that the bottom of this correction has been created and it is expected that BTC will increase in price again in the near future. In contrast to whales, retail traders tend to sell during the recent price break.

However, Santiment noted that the number of wallets with at least 10 Bitcoin is still increasing steadily. Specifically, there was an increase of 261 wallets in the first 10 days of July 2024. Overall, all recent on-chain signals are pointing to long-term confidence in Bitcoin.

#Binance #Write2win $BTC $DAR $OXT

Incredible similarities between Chart GOLD and BITCOIN. Will BTC grow after Bear Trap?

Many times we see the charts of GOLD and Bitcoin move quite similarly. This time, the same thing happens but in a different timeframe. Check it out:

Chart GOLD W1 (2020 - 2023): In this chart, GOLD created a Double Top model, GOLD price corrected deeply and fell below the support zone. After successfully creating a Bear Trap at EMA 200 (W1), GOLD price continuously increased and broke its peak.

Bitcoin Chart D1 (2024): Currently, Bitcoin has also created a Double Top model but cannot break the ATH price level. After that, Bitcoin corrected deeply below the support zone. Price recovered at EMA 200 D1 and this could be a new support zone.

It cannot be confirmed that Bitcoin is creating a Bear Trap and will increase in price to break the ATH price, but the current Liquidity Hunt process often takes place before large Bull-Runs. Some news that can boost money flow into Bitcoin in the near future include:

- FTX pays 16 billion USD in cash to users
- The new US president supports crypto
- FED reduces interest rates

#Write2Win #Binance $BTC $DOCK $MDX

World's Leading Bank Bullish with Bitcoin! Maybe BTC will bet $100K before this event takes place
According to analysts from Standard Chartered Bank, it is possible that this August Bitcoin will increase in value to $100k. There are many objective factors supporting the above view, especially the US presidential election event.

Standard Chartered analyst points out a positive correlation between the election of former President Donald Trump and Bitcoin price: Regulations for Crypto and the coin mining sector will become more favorable under President Trump.

Donald Trump is continuously supporting and promising beneficial policies for Crypto and Bitcoin once he is elected US president. Therefore, the fact that Biden is weak and may withdraw from the presidential race will push Bitcoin prices higher before the result for the US presidency is decided.

#Write2Win #Binance $BTC $BNX

This positive news has lasted 5 days in a row and it brings $130M inflow to Bitcoin today!
At the end of the trading session on July 1, Spot BTC ETF funds in the United States recorded a net capital inflow of 130 million USD - the highest number in the past 3 weeks.

This is also the 5th consecutive day that Spot BTC ETFs recorded positive capital inflows, reversing the negative trend of the previous 7 consecutive days of net withdrawals.

Fidelity's FBTC fund led the flow yesterday with $65 million, followed by Bitwise's BITB fund with $41 million. Notably, the two Spot BTC ETFs in terms of net asset value, IBIT (BlackRock) & GBTC (Grayscale), saw zero net inflows on Monday.

ETF inflows helped Bitcoin rise above 63k and escape the downtrend on D1 Chart. This is definitely a positive thing for Bitcoin to prepare for a week of macro news such as FOMC, PMI Manufacturing Index or unemployment data.

#Write2Win #Binance #IntroToCopytradingView $BTC $ZRO

Bitcoin will return to upward momentum thanks to these extremely Bullish factors. Will Altcoins soon x3 - x5 from here?

1. US Presidential candidates support Crypto. Both Joe Biden and Donald Trump sought to attract web3 voters to their side by repeatedly declaring their support for crypto and especially Bitcoin. Congressmen from all parties have begun to voice strong support for Crypto.

2. Mt. Gox pays off debt slowly. The amount of Bitcoin and Bitcoin Cash that Mt. Gox must pay creditors up to $9 billion. But the good news for you is that they will repay this amount of coins in many different installments. The best case scenario is that they repay their debt in installments over a long period of time to reduce selling pressure.

3. Miners stop selling Bitcoin. After the Halving, miners are under great pressure due to very high mining costs, forcing them to sell BTC to maintain facilities and buy new mining machines. After upgrading the mining system with better performance, they no longer have pressure to sell Bitcoin.

4. Spot Ethereum ETF is officially traded. The good news for ETH holders is that Gary Gensler (SEC Chairman) has confirmed that Spot Ethereum ETF will soon be traded this summer (June - August). Huge inflows from TradFi into ETH via ETF will fuel an even more stable bull market!
Yesterday, the Fear & Greed Index reached 30, showing the extremely fearful psychology of the market. One positive thing is that every time this index is <span the market will usually increase strongly in price soon!

#Write2Win #Binance #BinanceTournament! $BTC $SOL

This unexpected sector has delivered the highest returns for crypto investors in the first half of 2024
The first six months of 2024 are about to end, the crypto market has experienced many fluctuations since Bitcoin broke its previous cycle peak. However, Altcoin Season has not really arrived yet. So which industry is making the most money according to data over the past 6 months?

The top spot is Memecoin: Leading with an average return rate (YTD) of 1,834%, 8.6 times higher than the second most profitable piece. This may be a surprise to outsiders that worthless coins have grown so strongly
Real World Asset (RWA) is a segment with high potential, so RWA ranks second on this list with an average profit of 214%. AI and DePIN ranked third with 72% and 59% of profits. Meanwhile, Layer 1 grew more modestly at only 43%.

One thing that is very surprising is that Layer 2 brings losses to investors when these tokens bring an average loss of 41%. The reason may come from projects issuing tokens at a set price. The price is too high, causing the token price to decline immediately after the listing stage.

How do you rate this list? Can Memecoin maintain its leading position in terms of profits in the next 6 months? Comment your opinion.

#Write2win #Binance $BTC $BETA ​​$VGX

Could Solana dominate the blockchain similar to how Apple macOS did? SOL price upside potential is still very strong.

According to a report by Pantera Capital, the growth potential of Solana Blockchain is extremely large and this fund believes that if previously Ethereum had a market share of ~80%, Solana is catching up to the market share very impressively. This chase is similar to Apple's breakthrough against Microsoft in the early stages of the PC market.

Experts believe that blockchain money and users in the near future will only focus on a few prominent ecosystems. And of course there will be Solana among them. Here are some reasons that Pantera Capital has such strong faith in Solana:

1. Monolithic structure: Helps users experience synchronization, without having to struggle between components like Modular framework. In addition, there is faster innovation creation as well as reduced security risks

2. On-chain data: On-chain parameters show that the Solana network has impressive growth from 2023 to present.

Solana has always been a Blockchain with high performance and a large community. If it continues to maintain its performance and create many hot stories like in Q1/2024, SOL price could increase sharply and motivate financial institutions to launch Spot Solana ETF.

#Write2Win #Binance #BinanceTournament $BTC $MTL

These 16 projects have the potential to list on Binance in the second half of 2024. This is your opportunity to learn about these projects early:

LayerGG has listed recently listed projects to provide criteria for selecting projects that may be selected for listing in the near future on Binance, along with some criteria from statements of Co-Founder Binance (Yi He) to create the list. Accordingly, we will have 3 groups:

Group 1 - Leading projects: StakeStone, Solv Protocol, Babylon, Kinza Finance, Gomble, KiloEX, Puffer. The common point of these projects is that they are invested by Binance Labs and have the ability to integrate with Binance Web3 Wallet.

Group 2 - Projects with high potential: Phaver, UXLINK, zkLink, BEVM, Jumper Exchange, SynFutures. This group fits the criteria of community and early adopter airdrop.

Group 3 - Projects with medium potential: KelpDAO, Sweel and Particle Network.

LayerGG advises investors to pay special attention to projects that are integrated with Binance Web3 Wallet / Airdrop. Furthermore, projects with tokenomics with an Initial Circulating Supply less than 10% of Max Supply will not qualify for listing via Launchpool and Megadrop.

#Write2Win #Binance $PEOPLE $ZRO $BTC

Despite the market's bearish sentiment, this organization has continuously bought BTC and holds more than 1% of the total Bitcoin supply!

According to today's statistics (June 21, 2024), the German government transferred $200M worth of Bitcoin to exchanges for sale. This is only a small part of the total 50,000 BTC (3.25 billion USD) that they have confiscated from illegal websites since 2013 until now.

Another bad news is that Bitcoin miners have continuously sold BTC, causing miners' Bitcoin reserves to drop to the lowest level since 2021. This also causes downward pressure. Bitcoin price throughout recent times.

In a rather bearish context, one company continues to accumulate Bitcoin. None other than Micro Strategy of billionaire Michael Saylor. MicroStrategy raised $700 million through convertible bonds, then used this money to directly buy Bitcoin.

After this action, MicroStrategy and Michael Saylor officially hold more than 1% of the total BTC supply and are one of the largest BTC holding organizations in the world today! This will boost the morale of holders and encourage more people to invest long-term in Bitcoin.

#BinanceTournament! $BTC $LISTA $TRB

Q3 2024 is the most suitable time for DCA Altcoin! These 3 reasons will not make you regret:

1. Bitcoin's movements are similar to the summer of 2021 with signs such as: Altcoins plummeting in price while BTC only slightly adjusted, S&P 500 setting an ATH level, Crypto market showing signs of lagging behind the stock market US stocks and investor sentiment became negative.

2. SEC approves Spot Ethereum ETF, which causes Ethereum to lead Altcoins to increase in price in the near future. The amount of ETH on centralized exchanges (CEX) is at an all-time low. This reflects the long-term holding trend of investors & their belief in the upside potential of ETH.

3. US presidential election event. Historically, the US Presidential election cycle tends to correlate with the bullish performance of the S&P 500 and Bitcoin. This could absolutely happen again this year when the two leading candidates, former President Donald Trump and current President Joe Biden, both expressed a positive stance towards crypto.

#Binance #AirdropGuide #BinanceTournament $ZK $BTC

Do these Narratives have the potential to "dominate" the crypto market and help your investment increase 5x - 10x in the second half of 2024?

1. Restaking. Spot Ethereum ETF approval marks a major step forward. This means that new investment money will flow into the Ethereum ecosystem, increasing the liquidity and value of ETH. Thereby motivating many investors to participate in staking/restaking to maximize profits.

2. RWA. Real World Assets are real-world assets encoded into tokens or NFTs using blockchain. RWA opens up many new investment opportunities for both traditional investors and investors in the crypto market. Thereby, creating higher liquidity for asset types.

3. AI. Big Tech is now racing to enhance and apply AI to their product/service suite. The crypto market is no exception with a series of potential AI application projects being launched, solving life problems and promoting new technology models.

4. Memecoin. Memecoin is an indispensable piece for the crypto market. Memecoin is the most effective way at the present time that chains apply to grow network activity and attract users, especially new users. Investing in memecoin can bring many risks, but it cannot be denied that this will continue to be one of the narratives dominating the market in the coming period.

#AirdropGuide #BinanceTournament #Binance $BTC $ZK

Bitcoin prices often adjust when this event takes place. However, you don't have to worry for too long!

During major football events such as EURO, Copa America or World Cup, one market will attract extremely large cash flows around the world: Betting/gambling. Is the attraction of betting big enough to pull money out of the crypto market?

Since Bitcoin (BTC) was born, there have been 5 major football seasons: EURO 2012, 2016 & 2020; World Cup 2010, 2014, 2018 & 2022. Because the tournament scale before 2012 was quite small, let's evaluate from 2014 to now:

- Worldcup 2014: Bitcoin +2.2%
- Euro Cup 2016: Bitcoin +27.1%
- Worldcup 2018: Bitcoin -14.6%
- Euro Cup 2020: Bitcoin -5.95%
- Worldcup 2022: Bitcoin -16.2%

It can be seen that in the 3 most recent major tournaments, Bitcoin all corrected! However, this adjustment process usually does not last too long and historical data shows that Bitcoin recovers well after these football tournaments end!

So, enjoy Euro Cup 2024 and manage your portfolio safely! Because maybe Bitcoin will soon pull the market back to growth next month!

#TopCoinsJune2024 #Binance $BTC $BAKE $PSG

If you only look at Bitcoin price drops and panic sell, you will miss 10x - 30x opportunities this year! Here's why:

Bitcoin's deepest drop was only -8% in the past few days, but altcoins dropped much deeper. This caused many people to panic and sell off their altcoins. In fact, funds continue to accumulate and this is essential for long-term growth.

According to on-chain data from CryptoQuant, Whales bought up to $1.4 billion in Bitcoin in just 2 days. While Spot Bitcoin ETF has had 19 consecutive days of receiving money inflows!

This shows that the "big boys" are still very bullish on the crypto market by accumulating Bitcoin first and just waiting for the right time to push altcoin prices up. This is a pattern that has occurred in previous cycles. Therefore, current altcoin corrections can be a huge "Bear Trap", causing retail investors to sell their altcoins or liquidate all traders who have opened Long Positions.

The market is still in an uptrend! Research good tokens with suitable valuations to accumulate more, altcoin season can start in the next few months and help altcoin prices increase 10x - 30x in a short time!
#TopCoinsJune2024 #Binance $IO $BTC

Bitcoin usually increases in price every time this event takes place? Get ready, because this event is about to take place in the next few hours.

In the next few hours, the FOMC (Federal Open Market Committee) will take place in the United States. This is a regular event, accompanied by statements from the FED on monetary policies, especially information about interest rate changes.

With information that CPI (y/y) has declined, showing that inflation has gradually been controlled, the market expects the FED to make a "bullish" statement for the whole market, for example suggesting a interest rate cuts in the second half of 2024.

According to data recorded from December 2023, after each FOMC meeting, Bitcoin grew by about 20% immediately afterward. These statistics are reinforced when the FED makes positive statements every time the CPI and inflation are well controlled. Let's wait and see the results of the FOMC in the next few hours.

#TopCoinsJune2024 #Binance $BTC $IO

The most volatile 24 hours of June are about to take place and you need to know this to ensure investment safety:
We are about to welcome two extremely important events from the US economy, taking place just a few hours apart and here are things you should know in advance:

1. CPI data release (12:30 UTC, June 12): This is an index that reflects the relative change in consumer goods prices over time. Annual CPI is expected to be unchanged from last month at 3.4%. Meanwhile, monthly CPI is expected to decrease significantly from 0.3% to only 0.1%.

2. FOMC event (18:00 UTC, June 12): This event often comes with information about interest rates. Based on unchanged year-on-year CPI, there is a very high possibility that the FED will keep interest rates unchanged.

After this meeting, if FED representatives provide information favorable to reducing interest rates in the coming months, it is likely that Bitcoin will grow strongly, bringing altcoins with them to increase in price. In a more negative case, Bitcoin could continue to correct or sideways.

Therefore, please limit trading with large leverage during these two events to avoid large market fluctuations causing your investment to be liquidated.

#TopCoinsJune2024 #Binance $IO $BTC

2 Signals That 1.4 Billion Users Could Join the Crypto Market This Year!

The Chinese government has taken tough moves to ban people from accessing types of investment in the crypto market in the past. However, this could change in the near future with two extremely positive moves.

First, a major crypto exchange opened its KYC portal for Chinese citizens living abroad. Users can register using mainland Chinese identification documents, including ID cards and passports.

The second signal is the possibility of China directly lifting the crypto ban, opening the door for 1.4 billion citizens to invest in Crypto. This information was published in The Economist newspaper.

This is a move consistent with China's economic reopening policy after Covid 19 & after 2 years of tightening to prevent money flowing abroad. With these two positive signals, the possibility of China opening up to the crypto market is growing!

#TopCoinsJune2024 $BTC $TRU $OM

Binance Launchpool lists IO (io.net), participate in IO farm by staking BNB and FDUSD

io.net is a decentralized cloud computing network, allowing users to access and use endless computing power resources at a fraction of the cost of centralized services.

io.net provides computing power solutions to everyone, especially developers and companies in the field of large-scale AI and ML (Machine Learning).

Launchpool IO information:
- Farming time: 07:00 VN, June 7 - 06:59 VN, June 11
- Listing: 19:00 Vietnam, June 11
- Launchpool reward: 20,000,000 IO (4% total supply)
- Initial circulation: 95,000,000 IO (19% total supply)
- Farm $IO by Staking $BNB and $FDUSD

#Binance #Launchpool‬ #ionet

Must keep an eye on this token group immediately because of the potential for strong price increases in the near future! One of those tokens is up 80%+ today.

Stargate Finance (STG) is a cross-chain protocol backed by LayerZero. Stargate's goal is to help users exchange messages and assets across the chain quickly and coherently. Today the STG token has increased in price by more than 80%.

Notably, LayerZero has announced the upcoming issuance of tokens. The strong growth of STG has made the community pay attention to OFT - Omnichain Fungible Token, this is LayerZero's token standard including some prominent names such as RDNT, JOE, CAKE, METIS,...

In addition, project tokens in the LayerZero Ecosystem should also be noticed with some prominent names such as: HFT, ENA, AAVE, ONE, CRV, PENDLE,...

With superior technology and a large user community, the upcoming LayerZero token launch event could lead to tokens applying LayerZero's technology increasing in price.

#EarnFreeCrypto2024 $STG $NOT

Apple's setback is a condition for AI tokens to increase in price sharply in the near future? Keep an eye on AI narrative now so you don't miss this opportunity to make money!

Yesterday, NVDA (Nvidia) stock rose nearly 7% to reach an all-time high of $1,139. This also helps Nvidia close to Apple's No. 2 position in the list of companies with the largest market capitalization in the world today.

Nvidia is a giant in the semiconductor chip & GPU industry. This company's stock has increased 10x over the past 2 years thanks to the strong boom of AI Narrative. In the market capitalization rankings, Nvidia is only about $112 billion away from Apple. This means that NVDA shares only need to increase 4% in the coming trading session to surpass Apple.

This is a very important milestone as for the first time in history, a Chip & GPU company holds such a high position on the global capitalization rankings. AI trend tokens have increased slightly in the past 24 hours after NVDA stock continuously broke ATH.

Therefore, if NVDA surpasses Apple stock today, the group of AI tokens is likely to increase strongly. Please take note of this trend!

#EarnFreeCrypto2024 #binance $BTC $CTK $AUCTION

10 billion Dollar shakes the crypto market, but this is not what should worry you. This truth will make you even more Bullish on Bitcoin!

Mt Gox transferred 141,686 $BTC (worth nearly 10 billion USD) to a new wallet before the deadline to return Bitcoin to creditors on October 31 this year. In fact, the whole market has known about this Deadline for a long time. Therefore, Mt Gox's action is just a small fud and this is an opportunity to accumulate more tokens if Bitcoin and Altcoins correct deeper.

In the past 24 hours, Bitcoin fell 4% because of this fud, altcoins corrected deeper but not significantly. This transfer was just confirmed by Mt Gox as just an asset management move, after which the crypto market quickly recovered slightly.

An interesting fact is that Bitcoin ETFs have accumulated over 850K BTC year to date. ETFs have accumulated an average of 200K BTC per month and continue to grow!

Therefore, if 141K Bitcoin from Mt Gox hits the market, the money flow from TradFi (ETF) and from CEXs can gradually absorb the above Bitcoin quickly.

#EarnFreeCrypto2024 #Binance $MEME $NOT