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Blend of analytics and blockchain passion crypto strategist on Binance. Strategic crafts in trade and financial intelligence. 📈✹ #BinancePro
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POPCAT, DOGS soar as Bitcoin reclaims $56k đŸ“°đŸ“© Popcat and Dogs are the two top-gaining tokens in the 100 largest cryptocurrencies by market cap as Bitcoin price climbs back above $56,000. The meme coins $Popcat and $Dogs traded at $0.62 and $0.0011, with 19% and 16% in 24-hour gains respectively at the time of writing. Upside momentum meanwhile had pushed Bitcoin price above $56,500 as bulls fought to recover from the dip that saw the leading digital asset trade near $53,300 on Sept. 7. Subheading: Futures listing helps POPCAT, DOGS higher. Most meme coins have struggled for upward momentum in recent weeks, mainly as the broader market experienced downward pressure throughout August. However, like many other small cap tokens, Solana based Popcat and Telegram-related Dogs have benefited from a rush of positive sentiment following crucial futures trading support across major exchanges.. Binance recently added POPCAT perpetual contracts, allowing traders to bet on the meme coin’s price. This move caused Popcat’s price to spike significantly. OKX also added POPCAT futures and outlined a trading contest that offers up to $100 in rewards. DOGS, which slipped amid the recent arrest of Telegram CEO Pavel Durov, has recovered some of the losses since falling to $0.0009 on Sept. 8. Previously, the Telegram-native meme coin had rallied thanks to Binance’s offering of 40 million DOGS in a contest that ends on Sept. 17. Binance, OKX, and Bybit are some of the top exchanges supporting the DOGS airdrop and token listing. $DOGS #popcat $BTC
POPCAT, DOGS soar as Bitcoin reclaims $56k
đŸ“°đŸ“©

Popcat and Dogs are the two top-gaining tokens in the 100 largest cryptocurrencies by market cap as Bitcoin price climbs back above $56,000.

The meme coins $Popcat and $Dogs traded at $0.62 and $0.0011, with 19% and 16% in 24-hour gains respectively at the time of writing.

Upside momentum meanwhile had pushed Bitcoin price above $56,500 as bulls fought to recover from the dip that saw the leading digital asset trade near $53,300 on Sept. 7.

Subheading: Futures listing helps POPCAT, DOGS higher.

Most meme coins have struggled for upward momentum in recent weeks, mainly as the broader market experienced downward pressure throughout August.

However, like many other small cap tokens, Solana based Popcat and Telegram-related Dogs have benefited from a rush of positive sentiment following crucial futures trading support across major exchanges..

Binance recently added POPCAT perpetual contracts, allowing traders to bet on the meme coin’s price. This move caused Popcat’s price to spike significantly. OKX also added POPCAT futures and outlined a trading contest that offers up to $100 in rewards.

DOGS, which slipped amid the recent arrest of Telegram CEO Pavel Durov, has recovered some of the losses since falling to $0.0009 on Sept. 8. Previously, the Telegram-native meme coin had rallied thanks to Binance’s offering of 40 million DOGS in a contest that ends on Sept. 17.

Binance, OKX, and Bybit are some of the top exchanges supporting the DOGS airdrop and token listing.

$DOGS #popcat $BTC
Trump-Harris Debate Expected to Trigger Crypto Volatility, Says QCP Capital Summary: QCP Capital suggests that the upcoming debate between former President Donald Trump and current Vice President Kamala Harris could significantly impact the crypto market. Given their polarizing political influence, the event is anticipated to drive price fluctuations in the days leading up to the debate. Subheading: QCP Predicts Crypto Price Fluctuations Amid Trump-Harris Debate In its recent market report, QCP Capital notes that while crypto prices have stabilized following a decline, implied volatility remains elevated. Traders are preparing for potential price swings ahead of two major events: the Trump-Harris debate on Sept. 10 and the U.S. Consumer Price Index (CPI) release on Sept. 11, 2024. The CPI release comes just one week before the Federal Reserve's decision on interest rates. QCP highlights a cautious market sentiment, with risk reversals in Bitcoin (BTC) and Ethereum (ETH) skewed towards puts, reflecting concerns of downside risk. Despite the short-term volatility and uncertainty, QCP maintains a "structurally bullish" outlook on crypto assets, noting significant long-term trades. The report mentions substantial call option purchases for March 2025, with BTC strike prices at $85,000, $100,000, and $120,000, reflecting continued confidence in the asset's long-term growth. Discussion Question: What do you think of QCP's outlook regarding the potential crypto market impact of the Trump-Harris debate and the upcoming CPI release? Share your views below. #crypto #CryptoMarketMoves #CPI_BTC_Watch
Trump-Harris Debate Expected to Trigger Crypto Volatility, Says QCP Capital

Summary:
QCP Capital suggests that the upcoming debate between former President Donald Trump and current Vice President Kamala Harris could significantly impact the crypto market. Given their polarizing political influence, the event is anticipated to drive price fluctuations in the days leading up to the debate.

Subheading:
QCP Predicts Crypto Price Fluctuations Amid Trump-Harris Debate

In its recent market report, QCP Capital notes that while crypto prices have stabilized following a decline, implied volatility remains elevated. Traders are preparing for potential price swings ahead of two major events: the Trump-Harris debate on Sept. 10 and the U.S. Consumer Price Index (CPI) release on Sept. 11, 2024.

The CPI release comes just one week before the Federal Reserve's decision on interest rates. QCP highlights a cautious market sentiment, with risk reversals in Bitcoin (BTC) and Ethereum (ETH) skewed towards puts, reflecting concerns of downside risk.

Despite the short-term volatility and uncertainty, QCP maintains a "structurally bullish" outlook on crypto assets, noting significant long-term trades. The report mentions substantial call option purchases for March 2025, with BTC strike prices at $85,000, $100,000, and $120,000, reflecting continued confidence in the asset's long-term growth.

Discussion Question:
What do you think of QCP's outlook regarding the potential crypto market impact of the Trump-Harris debate and the upcoming CPI release? Share your views below. #crypto #CryptoMarketMoves #CPI_BTC_Watch
Trump-Harris Debate Expected to Trigger Crypto Volatility, Says QCP Capital Summary: QCP Capital suggests that the upcoming debate between former President Donald Trump and current Vice President Kamala Harris could significantly impact the crypto market. Given their polarizing political influence, the event is anticipated to drive price fluctuations in the days leading up to the debate. Subheading: QCP Predicts Crypto Price Fluctuations Amid Trump-Harris Debate In its recent market report, QCP Capital notes that while crypto prices have stabilized following a decline, implied volatility remains elevated. Traders are preparing for potential price swings ahead of two major events: the Trump-Harris debate on Sept. 10 and the U.S. Consumer Price Index (CPI) release on Sept. 11, 2024. The CPI release comes just one week before the Federal Reserve's decision on interest rates. QCP highlights a cautious market sentiment, with risk reversals in Bitcoin (BTC) and Ethereum (ETH) skewed towards puts, reflecting concerns of downside risk. Despite the short-term volatility and uncertainty, QCP maintains a "structurally bullish" outlook on crypto assets, noting significant long-term trades. The report mentions substantial call option purchases for March 2025, with BTC strike prices at $85,000, $100,000, and $120,000, reflecting continued confidence in the asset's long-term growth. Discussion Question: What do you think of QCP's outlook regarding the potential crypto market impact of the Trump-Harris debate and the upcoming CPI release? Share your views below. #crypto #CryptoMarketMoves #CPI_BTC_Watch
Trump-Harris Debate Expected to Trigger Crypto Volatility, Says QCP Capital

Summary:
QCP Capital suggests that the upcoming debate between former President Donald Trump and current Vice President Kamala Harris could significantly impact the crypto market. Given their polarizing political influence, the event is anticipated to drive price fluctuations in the days leading up to the debate.

Subheading:
QCP Predicts Crypto Price Fluctuations Amid Trump-Harris Debate

In its recent market report, QCP Capital notes that while crypto prices have stabilized following a decline, implied volatility remains elevated. Traders are preparing for potential price swings ahead of two major events: the Trump-Harris debate on Sept. 10 and the U.S. Consumer Price Index (CPI) release on Sept. 11, 2024.

The CPI release comes just one week before the Federal Reserve's decision on interest rates. QCP highlights a cautious market sentiment, with risk reversals in Bitcoin (BTC) and Ethereum (ETH) skewed towards puts, reflecting concerns of downside risk.

Despite the short-term volatility and uncertainty, QCP maintains a "structurally bullish" outlook on crypto assets, noting significant long-term trades. The report mentions substantial call option purchases for March 2025, with BTC strike prices at $85,000, $100,000, and $120,000, reflecting continued confidence in the asset's long-term growth.

Discussion Question:
What do you think of QCP's outlook regarding the potential crypto market impact of the Trump-Harris debate and the upcoming CPI release? Share your views below. #crypto #CryptoMarketMoves #CPI_BTC_Watch
Key Takeaways Memecoins can offer high yields, but also exhibit significant volatility and may be prone to rug pulls, where developers abandon the project after raising funds. When choosing a memecoin, consider its social presence, supply distribution, and how it stands out from other memecoins. We all know what memecoins are—highly speculative currencies usually supported by enthusiastic communities. Often represented by animal images or animated characters, memecoins are purely trading instruments, unlike Ethereum and other chains with specific utilities. Despite this, they occupy a significant market share, with multiple memecoins boasting nine-figure market capitalizations. In fact, excluding Bitcoin, Ethereum, and stablecoins, the top 5 largest memecoins today hold a 22% dominance within the top cryptocurrencies. #memecoin🚀🚀🚀
Key Takeaways

Memecoins can offer high yields, but also exhibit significant volatility and may be prone to rug pulls, where developers abandon the project after raising funds.

When choosing a memecoin, consider its social presence, supply distribution, and how it stands out from other memecoins.

We all know what memecoins are—highly speculative currencies usually supported by enthusiastic communities. Often represented by animal images or animated characters, memecoins are purely trading instruments, unlike Ethereum and other chains with specific utilities. Despite this, they occupy a significant market share, with multiple memecoins boasting nine-figure market capitalizations. In fact, excluding Bitcoin, Ethereum, and stablecoins, the top 5 largest memecoins today hold a 22% dominance within the top cryptocurrencies.

#memecoin🚀🚀🚀
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Bullish
How to Trade Memecoins in 2024

General Tips for Trading Memecoins

1. Study extreme volatility. It is common for memecoins to see 50% drawdowns even in a bull market environment.

2. Stay away from leverage. While most memecoins do not have platforms to host leveraged trading, those with access will likely lead to liquidations.

3. Understand memecoins seasons, adoption waves, culture and parabolic movements.

4. Technical analysis might not work. Memecoins generally trade on sentiments and virality of the project.

5. Understand the upside potential. SHIB did a 1000x from its bottom and is unlikely to 100x from where it is today, a good knowledge on this will cultivate a strong risk management approach.

6. Betting on memecoin leaders. Projects who occupy the throne will likely lead the markets – with a huge number of memecoins in the market this helps narrow your choices without compromising on upside potential.

7. Holding long term might hurt. Learn to be good at profit taking, majority of memecoins do not have the fundamentals to be held in an entire cycle, view it as a seasonal play.

#mememcoinseason2024 #BinanceTurns7
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Bullish
How to Trade Memecoins in 2024 General Tips for Trading Memecoins 1. Study extreme volatility. It is common for memecoins to see 50% drawdowns even in a bull market environment. 2. Stay away from leverage. While most memecoins do not have platforms to host leveraged trading, those with access will likely lead to liquidations. 3. Understand memecoins seasons, adoption waves, culture and parabolic movements. 4. Technical analysis might not work. Memecoins generally trade on sentiments and virality of the project. 5. Understand the upside potential. SHIB did a 1000x from its bottom and is unlikely to 100x from where it is today, a good knowledge on this will cultivate a strong risk management approach. 6. Betting on memecoin leaders. Projects who occupy the throne will likely lead the markets – with a huge number of memecoins in the market this helps narrow your choices without compromising on upside potential. 7. Holding long term might hurt. Learn to be good at profit taking, majority of memecoins do not have the fundamentals to be held in an entire cycle, view it as a seasonal play. #mememcoinseason2024 #BinanceTurns7
How to Trade Memecoins in 2024

General Tips for Trading Memecoins

1. Study extreme volatility. It is common for memecoins to see 50% drawdowns even in a bull market environment.

2. Stay away from leverage. While most memecoins do not have platforms to host leveraged trading, those with access will likely lead to liquidations.

3. Understand memecoins seasons, adoption waves, culture and parabolic movements.

4. Technical analysis might not work. Memecoins generally trade on sentiments and virality of the project.

5. Understand the upside potential. SHIB did a 1000x from its bottom and is unlikely to 100x from where it is today, a good knowledge on this will cultivate a strong risk management approach.

6. Betting on memecoin leaders. Projects who occupy the throne will likely lead the markets – with a huge number of memecoins in the market this helps narrow your choices without compromising on upside potential.

7. Holding long term might hurt. Learn to be good at profit taking, majority of memecoins do not have the fundamentals to be held in an entire cycle, view it as a seasonal play.

#mememcoinseason2024 #BinanceTurns7
Finding and Participating in Airdrops ‱ Aggregator Websites: Platforms like Airdrop Alert list opportunities. ‱ Social Media and Forums: Follow influencers, join Telegram groups, Reddit, and Twitter. ‱ Official Channels: Subscribe to project newsletters and announcements. ‱ Wallets and Exchanges: Look for partnerships that facilitate airdrops, like Binance. Strategies for Airdrops 1. Diversify Participation: Engage in multiple airdrops. 2. Research Projects: Ensure legitimacy to avoid scams. 3. Stay Active: Monitor snapshot dates and community activities. 4. Prioritize Security: Use separate wallets for airdrops. Notable Airdrops ‱ Uniswap (UNI): 400 UNI tokens airdropped to early users, significantly valuable. ‱ dYdX (DYDX): Tokens rewarded based on trading activity, benefiting active traders. Conclusion Airdrops are a powerful tool in the crypto space for promoting projects and rewarding users. By staying informed and strategically participating, users can gain significant benefits while contributing to the blockchain ecosystem’s growth. #AirdropGuide #BinanceTournament #FIT21
Finding and Participating in Airdrops

‱ Aggregator Websites: Platforms like Airdrop Alert list opportunities.
‱ Social Media and Forums: Follow influencers, join Telegram groups, Reddit, and Twitter.
‱ Official Channels: Subscribe to project newsletters and announcements.
‱ Wallets and Exchanges: Look for partnerships that facilitate airdrops, like Binance.

Strategies for Airdrops

1. Diversify Participation: Engage in multiple airdrops.
2. Research Projects: Ensure legitimacy to avoid scams.
3. Stay Active: Monitor snapshot dates and community activities.
4. Prioritize Security: Use separate wallets for airdrops.

Notable Airdrops

‱ Uniswap (UNI): 400 UNI tokens airdropped to early users, significantly valuable.
‱ dYdX (DYDX): Tokens rewarded based on trading activity, benefiting active traders.

Conclusion

Airdrops are a powerful tool in the crypto space for promoting projects and rewarding users. By staying informed and strategically participating, users can gain significant benefits while contributing to the blockchain ecosystem’s growth.

#AirdropGuide #BinanceTournament #FIT21
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What are Crypto Airdrops?

Crypto airdrops are a strategic distribution of free tokens by blockchain projects to promote awareness and incentivize user engagement. They can help bootstrap communities and reward early adopters.

How do Airdrops Work?

1. Eligibility: Users meet criteria like holding a specific token or performing tasks.
2. Distribution: Tokens are sent to qualifying wallets.
3. Usage: Recipients can trade, stake, or use the tokens within the project ecosystem.

Types of Airdrops

1. Standard Airdrops: Free distribution to wallet addresses, e.g., OmiseGO to Ethereum holders.
2. Bounty Airdrops: Tokens for tasks like social media promotion, e.g., BitTorrent (BTT).
3. Holder Airdrops: Tokens to holders of a specific cryptocurrency, e.g., Stellar Lumens to Bitcoin holders.
4. Fork Airdrops: Tokens after a blockchain fork, e.g., Bitcoin Cash to Bitcoin holders.

#AirdropGuide
#Mrreal
What are Crypto Airdrops? Crypto airdrops are a strategic distribution of free tokens by blockchain projects to promote awareness and incentivize user engagement. They can help bootstrap communities and reward early adopters. How do Airdrops Work? 1. Eligibility: Users meet criteria like holding a specific token or performing tasks. 2. Distribution: Tokens are sent to qualifying wallets. 3. Usage: Recipients can trade, stake, or use the tokens within the project ecosystem. Types of Airdrops 1. Standard Airdrops: Free distribution to wallet addresses, e.g., OmiseGO to Ethereum holders. 2. Bounty Airdrops: Tokens for tasks like social media promotion, e.g., BitTorrent (BTT). 3. Holder Airdrops: Tokens to holders of a specific cryptocurrency, e.g., Stellar Lumens to Bitcoin holders. 4. Fork Airdrops: Tokens after a blockchain fork, e.g., Bitcoin Cash to Bitcoin holders. #AirdropGuide #Mrreal
What are Crypto Airdrops?

Crypto airdrops are a strategic distribution of free tokens by blockchain projects to promote awareness and incentivize user engagement. They can help bootstrap communities and reward early adopters.

How do Airdrops Work?

1. Eligibility: Users meet criteria like holding a specific token or performing tasks.
2. Distribution: Tokens are sent to qualifying wallets.
3. Usage: Recipients can trade, stake, or use the tokens within the project ecosystem.

Types of Airdrops

1. Standard Airdrops: Free distribution to wallet addresses, e.g., OmiseGO to Ethereum holders.
2. Bounty Airdrops: Tokens for tasks like social media promotion, e.g., BitTorrent (BTT).
3. Holder Airdrops: Tokens to holders of a specific cryptocurrency, e.g., Stellar Lumens to Bitcoin holders.
4. Fork Airdrops: Tokens after a blockchain fork, e.g., Bitcoin Cash to Bitcoin holders.

#AirdropGuide
#Mrreal
Do you think the price of bitcoin will hit $100K before the November election and rise to $150K if Donald Trump wins? And, do you think Trump will win the election? Let us know in the comments section below. $BTC
Do you think the price of bitcoin will hit $100K before the November election and rise to $150K if Donald Trump wins? And, do you think Trump will win the election? Let us know in the comments section below.

$BTC
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Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins.

Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research cites Trump’s perceived crypto-friendly stance as key for this bullish outlook for bitcoin. Trump’s administration is seen as fostering a supportive regulatory environment, which could further boost cryptocurrency markets.

Standard Chartered’s $150K Bitcoin Price Prediction

Geoff Kendrick, head of digital assets research at Standard Chartered, forecasts bitcoin could climb to $100,000 as the November presidential election nears, potentially reaching $150,000 by year-end if former U.S. President Donald Trump wins the election.

Kendrick stated in a research note on Thursday, citing Trump’s perceived crypto-friendly stance as a key factor for this bullish outlook:

Standard Chartered similarly said in May that the second Trump term would be broadly positive for the crypto space due to a more supportive regulatory environment.

Moreover, Standard Chartered also believes that the SEC will approve spot ethereum exchange-traded funds (ETFs). “For other coins (eg. SOL, XRP), markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story, not a 2024 one,” Kendrick said in May.

Initially a crypto critic, Trump has acknowledged bitcoin’s growing popularity and pledged to oppose President Joe Biden’s anti-crypto agenda, advocating for favorable regulations for digital assets. He also promised to free Ross Ulbricht. Since leaving office, Trump has launched three non-fungible token (NFT) collections.

Former Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo considers Trump America’s first crypto president, highlighting that bitcoin futures were approved during his administration. At the end of May, Trump was found guilty of 34 felony counts.

$BTC
Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins. Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research cites Trump’s perceived crypto-friendly stance as key for this bullish outlook for bitcoin. Trump’s administration is seen as fostering a supportive regulatory environment, which could further boost cryptocurrency markets. Standard Chartered’s $150K Bitcoin Price Prediction Geoff Kendrick, head of digital assets research at Standard Chartered, forecasts bitcoin could climb to $100,000 as the November presidential election nears, potentially reaching $150,000 by year-end if former U.S. President Donald Trump wins the election. Kendrick stated in a research note on Thursday, citing Trump’s perceived crypto-friendly stance as a key factor for this bullish outlook: Standard Chartered similarly said in May that the second Trump term would be broadly positive for the crypto space due to a more supportive regulatory environment. Moreover, Standard Chartered also believes that the SEC will approve spot ethereum exchange-traded funds (ETFs). “For other coins (eg. SOL, XRP), markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story, not a 2024 one,” Kendrick said in May. Initially a crypto critic, Trump has acknowledged bitcoin’s growing popularity and pledged to oppose President Joe Biden’s anti-crypto agenda, advocating for favorable regulations for digital assets. He also promised to free Ross Ulbricht. Since leaving office, Trump has launched three non-fungible token (NFT) collections. Former Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo considers Trump America’s first crypto president, highlighting that bitcoin futures were approved during his administration. At the end of May, Trump was found guilty of 34 felony counts. $BTC
Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins.

Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research cites Trump’s perceived crypto-friendly stance as key for this bullish outlook for bitcoin. Trump’s administration is seen as fostering a supportive regulatory environment, which could further boost cryptocurrency markets.

Standard Chartered’s $150K Bitcoin Price Prediction

Geoff Kendrick, head of digital assets research at Standard Chartered, forecasts bitcoin could climb to $100,000 as the November presidential election nears, potentially reaching $150,000 by year-end if former U.S. President Donald Trump wins the election.

Kendrick stated in a research note on Thursday, citing Trump’s perceived crypto-friendly stance as a key factor for this bullish outlook:

Standard Chartered similarly said in May that the second Trump term would be broadly positive for the crypto space due to a more supportive regulatory environment.

Moreover, Standard Chartered also believes that the SEC will approve spot ethereum exchange-traded funds (ETFs). “For other coins (eg. SOL, XRP), markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story, not a 2024 one,” Kendrick said in May.

Initially a crypto critic, Trump has acknowledged bitcoin’s growing popularity and pledged to oppose President Joe Biden’s anti-crypto agenda, advocating for favorable regulations for digital assets. He also promised to free Ross Ulbricht. Since leaving office, Trump has launched three non-fungible token (NFT) collections.

Former Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo considers Trump America’s first crypto president, highlighting that bitcoin futures were approved during his administration. At the end of May, Trump was found guilty of 34 felony counts.

$BTC
Lastest insight
Lastest insight
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These patterns suggest a bullish outlook among long-term holders and other key market participants, highlighting a collective confidence in Bitcoin’s future prospects. The interplay between these accumulation trends and market events like the halving will be crucial in shaping Bitcoin’s trajectory in the coming months.

Below image is the - Accumulation Addresses: (Source: Glassnode)

$BTC
These patterns suggest a bullish outlook among long-term holders and other key market participants, highlighting a collective confidence in Bitcoin’s future prospects. The interplay between these accumulation trends and market events like the halving will be crucial in shaping Bitcoin’s trajectory in the coming months. Below image is the - Accumulation Addresses: (Source: Glassnode) $BTC
These patterns suggest a bullish outlook among long-term holders and other key market participants, highlighting a collective confidence in Bitcoin’s future prospects. The interplay between these accumulation trends and market events like the halving will be crucial in shaping Bitcoin’s trajectory in the coming months.

Below image is the - Accumulation Addresses: (Source: Glassnode)

$BTC
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Bitcoin accumulation addresses surge as market optimism returns.

Onchain Highlights

DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least two incoming non-dust transfers and have never spent funds. Exchange addresses and addresses received from coinbase transactions (miner addresses) are discarded. To account for lost coins, addresses that were active more than seven years ago were also omitted.

Recent data from Glassnode indicates notable movements in Bitcoin accumulation addresses. The number of these addresses declined earlier this year, and a resurgence started in late April. This increase aligns with broader market optimism and Bitcoin’s price stabilization around $60,000. According to CryptoSlate, long-term holders have added nearly 70,000 BTC since the cycle’s bottom, reversing a previous divestment trend.

Additionally, the Bitcoin halving spurred substantial accumulation. Over 115,000 BTC were accumulated in April alone, reflecting strong market confidence. This behavior is further evidenced by a surge in investor activity, with significant inflows into Bitcoin accumulation addresses reaching record levels in April.

$BTC
Bitcoin accumulation addresses surge as market optimism returns. Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least two incoming non-dust transfers and have never spent funds. Exchange addresses and addresses received from coinbase transactions (miner addresses) are discarded. To account for lost coins, addresses that were active more than seven years ago were also omitted. Recent data from Glassnode indicates notable movements in Bitcoin accumulation addresses. The number of these addresses declined earlier this year, and a resurgence started in late April. This increase aligns with broader market optimism and Bitcoin’s price stabilization around $60,000. According to CryptoSlate, long-term holders have added nearly 70,000 BTC since the cycle’s bottom, reversing a previous divestment trend. Additionally, the Bitcoin halving spurred substantial accumulation. Over 115,000 BTC were accumulated in April alone, reflecting strong market confidence. This behavior is further evidenced by a surge in investor activity, with significant inflows into Bitcoin accumulation addresses reaching record levels in April. $BTC
Bitcoin accumulation addresses surge as market optimism returns.

Onchain Highlights

DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least two incoming non-dust transfers and have never spent funds. Exchange addresses and addresses received from coinbase transactions (miner addresses) are discarded. To account for lost coins, addresses that were active more than seven years ago were also omitted.

Recent data from Glassnode indicates notable movements in Bitcoin accumulation addresses. The number of these addresses declined earlier this year, and a resurgence started in late April. This increase aligns with broader market optimism and Bitcoin’s price stabilization around $60,000. According to CryptoSlate, long-term holders have added nearly 70,000 BTC since the cycle’s bottom, reversing a previous divestment trend.

Additionally, the Bitcoin halving spurred substantial accumulation. Over 115,000 BTC were accumulated in April alone, reflecting strong market confidence. This behavior is further evidenced by a surge in investor activity, with significant inflows into Bitcoin accumulation addresses reaching record levels in April.

$BTC
What Will Happen to Cryptocurrencies? The Fed meeting is in 5 days, and the Fed is not in a good position. Members are people capable of reading leading indicators well, and if their readings point to a bad end, we could see harsh statements at the meeting. Additionally, if Fed Chair Powell makes statements delaying cuts, concerns in risk markets will multiply. Members will not make statements for 5 days, and markets will price in the latest data. So, during this period, especially as weekend volumes drop, sharp downward surprise movements may occur. On the day of the meeting, volatility may increase depending on the statements made. Currently, BTC ETF data has not been released. Investors familiar with traditional markets have been making significant purchases with the expectation of further rises for a while. If this has turned into rapid sales and we see a significant net outflow for the last trading day, there will be more reasons for altcoins to free dive and spike deeper bottoms over the weekend. $BTC #CryptoNewss
What Will Happen to Cryptocurrencies?

The Fed meeting is in 5 days, and the Fed is not in a good position. Members are people capable of reading leading indicators well, and if their readings point to a bad end, we could see harsh statements at the meeting. Additionally, if Fed Chair Powell makes statements delaying cuts, concerns in risk markets will multiply.

Members will not make statements for 5 days, and markets will price in the latest data. So, during this period, especially as weekend volumes drop, sharp downward surprise movements may occur. On the day of the meeting, volatility may increase depending on the statements made. Currently, BTC ETF data has not been released.

Investors familiar with traditional markets have been making significant purchases with the expectation of further rises for a while. If this has turned into rapid sales and we see a significant net outflow for the last trading day, there will be more reasons for altcoins to free dive and spike deeper bottoms over the weekend. $BTC
#CryptoNewss
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Writing that the support for SOL Coin has been cleared, Capo highlighted the risk of further sales.

#CryptoNews” #foryou #NewsAboutCrypto
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Capo and Crypto Predictions

Today, after the US data came in poorly, the expectation of a drop in BTC price settled. Data undermining the Fed’s view of at least a 50bp rate cut this year encouraged sellers. With the arrival of the data, Capo commented, “Remember, dips are for buying until proven otherwise.” Especially with altcoins experiencing drops nearing 20%, it allowed us to see a real bottom spike. Access NEWSLINKER to get the latest technology news. 📰

He then shared the following chart on social media for altcoins and said;

“Crypto market update


Strong sell-off towards support. Altcoins suffered more, but this looks like a shakeout.

If these support levels hold, we should soon see the continuation of the uptrend.”

#CryptoNewsCommunity
Capo and Crypto Predictions Today, after the US data came in poorly, the expectation of a drop in BTC price settled. Data undermining the Fed’s view of at least a 50bp rate cut this year encouraged sellers. With the arrival of the data, Capo commented, “Remember, dips are for buying until proven otherwise.” Especially with altcoins experiencing drops nearing 20%, it allowed us to see a real bottom spike. Access NEWSLINKER to get the latest technology news. 📰 He then shared the following chart on social media for altcoins and said; “Crypto market update
 Strong sell-off towards support. Altcoins suffered more, but this looks like a shakeout. If these support levels hold, we should soon see the continuation of the uptrend.” #CryptoNewsCommunity
Capo and Crypto Predictions

Today, after the US data came in poorly, the expectation of a drop in BTC price settled. Data undermining the Fed’s view of at least a 50bp rate cut this year encouraged sellers. With the arrival of the data, Capo commented, “Remember, dips are for buying until proven otherwise.” Especially with altcoins experiencing drops nearing 20%, it allowed us to see a real bottom spike. Access NEWSLINKER to get the latest technology news. 📰

He then shared the following chart on social media for altcoins and said;

“Crypto market update


Strong sell-off towards support. Altcoins suffered more, but this looks like a shakeout.

If these support levels hold, we should soon see the continuation of the uptrend.”

#CryptoNewsCommunity
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MrReal
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Market Data Spurs Crypto Price Drop.

Although the rapid decline that began about 2-3 hours ago shocked some investors, it was foreseeable. We mentioned hours before the downward movement was triggered that such an end was awaiting us. The unsurprising result caused significant losses in altcoins as expected. How does the best crypto analyst of 2022 evaluate the recent drop?

#CryptoNewss
Market Data Spurs Crypto Price Drop. Although the rapid decline that began about 2-3 hours ago shocked some investors, it was foreseeable. We mentioned hours before the downward movement was triggered that such an end was awaiting us. The unsurprising result caused significant losses in altcoins as expected. How does the best crypto analyst of 2022 evaluate the recent drop? #CryptoNewss
Market Data Spurs Crypto Price Drop.

Although the rapid decline that began about 2-3 hours ago shocked some investors, it was foreseeable. We mentioned hours before the downward movement was triggered that such an end was awaiting us. The unsurprising result caused significant losses in altcoins as expected. How does the best crypto analyst of 2022 evaluate the recent drop?

#CryptoNewss
US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community. The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community through deceptive Facebook ads featuring a deepfake of Elon Musk. Over 20 Brooklyn residents and additional victims nationwide lost a total of $5 million. Victims were lured by ads into making bogus investments and guided by Russian-speaking "investment advisors" to transfer funds to fraudulent websites. The sites are believed to have originated from Russia, making recovery of stolen funds difficult. The DA’s Office disrupted the scam by taking control of the fake websites. #CryptoNewss #ScamAware #mrreal
US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community.

The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community through deceptive Facebook ads featuring a deepfake of Elon Musk.

Over 20 Brooklyn residents and additional victims nationwide lost a total of $5 million. Victims were lured by ads into making bogus investments and guided by Russian-speaking "investment advisors" to transfer funds to fraudulent websites.

The sites are believed to have originated from Russia, making recovery of stolen funds difficult. The DA’s Office disrupted the scam by taking control of the fake websites.

#CryptoNewss #ScamAware #mrreal
One week after accepting Bitcoin Lightning campaign donations, Trump says he is the "crypto president". President Donald Trump showcased his support for the Bitcoin and cryptocurrency industry again at a high-profile fundraiser in San Francisco on Thursday. Hosted by tech venture capitalists David Sacks and Chamath Palihapitiya at Sacks' Pacific Heights home, the event raised $12 million for Trump's campaign, three sources present told Reuters. The event was attended by executives from Coinbase, the Winklevoss twins, and other industry leaders. Trevor Traina, a San Francisco tech executive and former U.S. ambassador to Austria, told Reuters that Trump declared he would be the "crypto president." Trump emphasized his strong pro-crypto stance but didn't provide specifics on his proposed policy. Despite San Francisco's liberal reputation, Trump's fundraiser attracted support from high-profile venture capitalists and crypto investors concerned about excessive regulation. Jacob Helberg, an adviser to Palantir, noted Trump’s promise to end the Biden administration's anti-crypto actions quickly. Trump recently became the first U.S. President to accept Bitcoin Lightning Network donations, aiming to keep the future of crypto in America. As the 2024 election approaches, Trump's crypto stance is attracting support from millions of U.S. crypto enthusiasts, in contrast to Joe Biden's tough stance on the industry. #CryptoDawar #president
One week after accepting Bitcoin Lightning campaign donations, Trump says he is the "crypto president".

President Donald Trump showcased his support for the Bitcoin and cryptocurrency industry again at a high-profile fundraiser in San Francisco on Thursday.

Hosted by tech venture capitalists David Sacks and Chamath Palihapitiya at Sacks' Pacific Heights home, the event raised $12 million for Trump's campaign, three sources present told Reuters. The event was attended by executives from Coinbase, the Winklevoss twins, and other industry leaders.

Trevor Traina, a San Francisco tech executive and former U.S. ambassador to Austria, told Reuters that Trump declared he would be the "crypto president." Trump emphasized his strong pro-crypto stance but didn't provide specifics on his proposed policy. Despite San Francisco's liberal reputation, Trump's fundraiser attracted support from high-profile venture capitalists and crypto investors concerned about excessive regulation.

Jacob Helberg, an adviser to Palantir, noted Trump’s promise to end the Biden administration's anti-crypto actions quickly. Trump recently became the first U.S. President to accept Bitcoin Lightning Network donations, aiming to keep the future of crypto in America. As the 2024 election approaches, Trump's crypto stance is attracting support from millions of U.S. crypto enthusiasts, in contrast to Joe Biden's tough stance on the industry.

#CryptoDawar #president
Unstoppable Domains and Blockchain.com Partner for DNS-Enabled Web3 Domain. Unstoppable Domains and Blockchain.com have announced a collaboration to create a DNS-enabled Web3 domain. The initiative aims to integrate Web3 domains into the traditional web ecosystem through an application with the Internet Corporation for Assigned Names and Numbers (ICANN). #blockchaineconomy
Unstoppable Domains and Blockchain.com Partner for DNS-Enabled Web3 Domain.

Unstoppable Domains and Blockchain.com have announced a collaboration to create a DNS-enabled Web3 domain. The initiative aims to integrate Web3 domains into the traditional web ecosystem through an application with the Internet Corporation for Assigned Names and Numbers (ICANN).

#blockchaineconomy
Bitcoin’s (BTC) 30-day correlation with the Nasdaq 100 Index of US technology stocks is nearing its highest level since early 2023, as reported by Bloomberg. This means that further gains in the index might be followed by a similar upward movement performed by BTC. Additionally, Mike Novogratz stated on Bloomberg Television that a “more positive US political environment for digital assets” might propel BTC to $100,000 by the end of the year. However, if Bitcoin is ready to start its path to Novogratz’s prediction, following further upside from Nasdaq 100, is yet to be defined by the weekly close. The trader identified as Rekt Capital has been pointing out that BTC is stuck within an accumulation range between $68,000 and $71,000 since the halving on April 20th. Moreover, the trader explains that past cycles suggest that there are just two phases left for Bitcoin in this cycle: the current accumulation phase and the parabolic upward movement phase. In a recent video, Rekt Capital highlighted that Bitcoin must escape this range with a convincing weekly close. Nevertheless, even if BTC manages to break this range in the weekly timeframe, there’s still the possibility of it being trapped in another accumulation channel. Therefore, even if Bitcoin manages to follow a potential upside from the tech equity market after staying above the current range resistance, it might not be enough to start the run to $100,000 suggested by Novogratz right now #bitcoin☀ $BTC
Bitcoin’s (BTC) 30-day correlation with the Nasdaq 100 Index of US technology stocks is nearing its highest level since early 2023, as reported by Bloomberg. This means that further gains in the index might be followed by a similar upward movement performed by BTC.

Additionally, Mike Novogratz stated on Bloomberg Television that a “more positive US political environment for digital assets” might propel BTC to $100,000 by the end of the year.
However, if Bitcoin is ready to start its path to Novogratz’s prediction, following further upside from Nasdaq 100, is yet to be defined by the weekly close. The trader identified as Rekt Capital has been pointing out that BTC is stuck within an accumulation range between $68,000 and $71,000 since the halving on April 20th.

Moreover, the trader explains that past cycles suggest that there are just two phases left for Bitcoin in this cycle: the current accumulation phase and the parabolic upward movement phase. In a recent video, Rekt Capital highlighted that Bitcoin must escape this range with a convincing weekly close.

Nevertheless, even if BTC manages to break this range in the weekly timeframe, there’s still the possibility of it being trapped in another accumulation channel.

Therefore, even if Bitcoin manages to follow a potential upside from the tech equity market after staying above the current range resistance, it might not be enough to start the run to $100,000 suggested by Novogratz right now

#bitcoin☀
$BTC
LIVE
MrReal
--
Equity market upside could favor Bitcoin as correlation with Nasdaq 100 strengthens.

Despite the possibility of further upside for Bitcoin in the tailwind of the equity market, this might not be the parabolic upward movement the market expects.
$BTC
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