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@NNDNN
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Satoshi Nakamoto is all of us
Is Satoshi #Nakamoto real or are we just in a simulation? đ€Ż
In the dark and mysterious world of #Bitcoin , no one has been able to unravel who or what Satoshi Nakamoto really is. Years of speculation, theories and madness have turned this character into a legend.
But... what if I told you that everything we think we know about Satoshi is just the tip of the iceberg? đ§
Here are the most extreme conspiracy theories that might make you rethink your own existence:
đœ Aliens in human suits:
In the dark and mysterious world of #Bitcoin , no one has been able to unravel who or what Satoshi Nakamoto really is. Years of speculation, theories and madness have turned this character into a legend.
But... what if I told you that everything we think we know about Satoshi is just the tip of the iceberg? đ§
Here are the most extreme conspiracy theories that might make you rethink your own existence:
đœ Aliens in human suits:
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Pixels
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Weâve teamed up with @Binance Square to launch their new Square Giveaway Center!
It's easyâcomplete tasks to earn $10,000 in $PIXEL rewards:
1⣠Follow us on Square!
2⣠Share this post (on Square!)
3⣠Complete any of the trading tasks listed here: https://www.binance.com/en/square/giveaway/pixels
It's easyâcomplete tasks to earn $10,000 in $PIXEL rewards:
1⣠Follow us on Square!
2⣠Share this post (on Square!)
3⣠Complete any of the trading tasks listed here: https://www.binance.com/en/square/giveaway/pixels
đ„đ
LIVETrade Oracle
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đšThe Rise Of Banana Token: Exploring Binanceâs Latest Innovation đš
In the fast-paced world of cryptocurrency, innovation and creativity often take center stage. Binance, one of the world's largest cryptocurrency exchanges, has once again captured the attention of the digital currency community with its introduction of Banana Token. This unique addition to the Binance ecosystem has sparked curiosity and interest among traders and enthusiasts alike. Let's delve deeper into what Banana Token is all about and what it means for the crypto landscape.
### What is Banana Token?
Banana Token is a digital asset launched on Binance Smart Chain (BSC), the blockchain network developed by Binance. It falls under the category of utility tokens, which means its primary function is to enable specific functionalities within the Binance ecosystem rather than serving solely as a store of value or medium of exchange.
### Utility and Use Cases
The introduction of Banana Token aligns with Binance's strategy of expanding utility and enhancing user engagement within its platform. While specific details may vary, utility tokens typically offer benefits such as reduced trading fees, participation in governance mechanisms, access to exclusive services, or rewards for staking and liquidity provision.
For instance, Banana Token holders might gain access to discounted trading fees when transacting on Binance's decentralized exchange (DEX) platforms like PancakeSwap, which operates on BSC. Additionally, holding Banana Token could potentially grant users voting rights in governance proposals related to the Binance ecosystem, empowering them to influence decisions directly impacting the platform's future.
### Community Engagement and Tokenomics
A crucial aspect of any new cryptocurrency's success lies in its community support and engagement. Binance has a robust community of users and developers who actively participate in discussions, feedback sessions, and initiatives related to new token launches. Community involvement not only fosters a sense of belonging but also provides valuable insights and ideas for token improvement and adoption strategies.
Regarding tokenomics, Banana Token's distribution model and supply dynamics are pivotal factors influencing its market behavior and long-term viability. Transparency in tokenomics, including details on issuance, distribution mechanisms, and any scheduled burn events, enhances investor confidence and contributes to price stability.
### Potential Impact on the Market
The introduction of Banana Token reflects broader trends within the cryptocurrency industry, where exchanges increasingly leverage native tokens to enhance liquidity, incentivize participation, and differentiate their service offerings. As Binance continues to innovate and expand its ecosystem, Banana Token could play a significant role in attracting new users and deepening engagement among existing clientele.
Moreover, the success of Banana Token could inspire other exchanges and blockchain projects to explore similar initiatives, thereby fostering healthy competition and innovation across the digital asset landscape.
### Regulatory Considerations and Risks
While the prospects for Banana Token appear promising, it's essential to acknowledge potential risks and regulatory considerations associated with its adoption and use. Regulatory developments in various jurisdictions could impact the token's legality and operational framework, potentially influencing market sentiment and investor behavior.
Furthermore, like any investment in the cryptocurrency space, trading Banana Token carries inherent risks such as price volatility, liquidity constraints, and cybersecurity threats. Investors and users are advised to conduct thorough research, exercise caution, and seek professional advice before engaging with Banana Token or any other digital asset.
### Conclusion
In conclusion, Banana Token represents a bold step by Binance to enhance utility and user engagement within its expansive ecosystem. By offering unique benefits and incentives, Binance aims to cater to the diverse needs of its global user base while fostering innovation and community involvement. As the cryptocurrency market continues to evolve, the success of Banana Token could serve as a testament to the industry's resilience and capacity for innovation.
As with any new digital asset, the journey of Banana Token will be closely monitored by industry observers and participants alike. Whether it becomes a staple within the Binance ecosystem or sets a precedent for future exchange-led initiatives, one thing is certain: Banana Token has undoubtedly added a new flavor to the world of cryptocurrency.#BinanceTurns7 #MtGoxJulyRepayments #BinanceHODLerBANANA #BinanceTournament
### What is Banana Token?
Banana Token is a digital asset launched on Binance Smart Chain (BSC), the blockchain network developed by Binance. It falls under the category of utility tokens, which means its primary function is to enable specific functionalities within the Binance ecosystem rather than serving solely as a store of value or medium of exchange.
### Utility and Use Cases
The introduction of Banana Token aligns with Binance's strategy of expanding utility and enhancing user engagement within its platform. While specific details may vary, utility tokens typically offer benefits such as reduced trading fees, participation in governance mechanisms, access to exclusive services, or rewards for staking and liquidity provision.
For instance, Banana Token holders might gain access to discounted trading fees when transacting on Binance's decentralized exchange (DEX) platforms like PancakeSwap, which operates on BSC. Additionally, holding Banana Token could potentially grant users voting rights in governance proposals related to the Binance ecosystem, empowering them to influence decisions directly impacting the platform's future.
### Community Engagement and Tokenomics
A crucial aspect of any new cryptocurrency's success lies in its community support and engagement. Binance has a robust community of users and developers who actively participate in discussions, feedback sessions, and initiatives related to new token launches. Community involvement not only fosters a sense of belonging but also provides valuable insights and ideas for token improvement and adoption strategies.
Regarding tokenomics, Banana Token's distribution model and supply dynamics are pivotal factors influencing its market behavior and long-term viability. Transparency in tokenomics, including details on issuance, distribution mechanisms, and any scheduled burn events, enhances investor confidence and contributes to price stability.
### Potential Impact on the Market
The introduction of Banana Token reflects broader trends within the cryptocurrency industry, where exchanges increasingly leverage native tokens to enhance liquidity, incentivize participation, and differentiate their service offerings. As Binance continues to innovate and expand its ecosystem, Banana Token could play a significant role in attracting new users and deepening engagement among existing clientele.
Moreover, the success of Banana Token could inspire other exchanges and blockchain projects to explore similar initiatives, thereby fostering healthy competition and innovation across the digital asset landscape.
### Regulatory Considerations and Risks
While the prospects for Banana Token appear promising, it's essential to acknowledge potential risks and regulatory considerations associated with its adoption and use. Regulatory developments in various jurisdictions could impact the token's legality and operational framework, potentially influencing market sentiment and investor behavior.
Furthermore, like any investment in the cryptocurrency space, trading Banana Token carries inherent risks such as price volatility, liquidity constraints, and cybersecurity threats. Investors and users are advised to conduct thorough research, exercise caution, and seek professional advice before engaging with Banana Token or any other digital asset.
### Conclusion
In conclusion, Banana Token represents a bold step by Binance to enhance utility and user engagement within its expansive ecosystem. By offering unique benefits and incentives, Binance aims to cater to the diverse needs of its global user base while fostering innovation and community involvement. As the cryptocurrency market continues to evolve, the success of Banana Token could serve as a testament to the industry's resilience and capacity for innovation.
As with any new digital asset, the journey of Banana Token will be closely monitored by industry observers and participants alike. Whether it becomes a staple within the Binance ecosystem or sets a precedent for future exchange-led initiatives, one thing is certain: Banana Token has undoubtedly added a new flavor to the world of cryptocurrency.#BinanceTurns7 #MtGoxJulyRepayments #BinanceHODLerBANANA #BinanceTournament
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Gratitude for Seven Years of Learning at Binance
Seven years ago, I embarked on a journey that has transformed my life in unimaginable ways. That journey began with Binance, a platform that has become much more than just a cryptocurrency exchange for me; It has been a constant source of learning, growth and enriching experiences.
From day one, Binance has provided me with the tools and knowledge necessary to navigate the complex world of cryptocurrency. Through their educational resources, webinars, and always-on support, I have been able to deepen my understanding of the market and develop strategies that have allowed me to not only survive, but thrive in this dynamic field.
In addition to the knowledge gained, I am also deeply grateful for the gains made over the years. Binance has provided me with a secure and efficient platform to carry out my transactions, allowing me to maximize my investments and ensure a more stable financial future.
The positive experiences lived on Binance have been numerous. From exciting market rises to lessons learned during downturns, each experience has contributed to my personal and professional growth. I have had the privilege of being part of a vibrant, global community of cryptocurrency enthusiasts, with whom I have shared knowledge, strategies and, most importantly, friendship.
To Binance, and to all those who are part of this incredible platform, I express my deepest gratitude. For seven years of learning, growth and success, thank you. I am excited for what the future holds and remain committed to continuing to learn and grow alongside you.
With gratitude,
@NNDNN
#BinanceTurns7
Seven years ago, I embarked on a journey that has transformed my life in unimaginable ways. That journey began with Binance, a platform that has become much more than just a cryptocurrency exchange for me; It has been a constant source of learning, growth and enriching experiences.
From day one, Binance has provided me with the tools and knowledge necessary to navigate the complex world of cryptocurrency. Through their educational resources, webinars, and always-on support, I have been able to deepen my understanding of the market and develop strategies that have allowed me to not only survive, but thrive in this dynamic field.
In addition to the knowledge gained, I am also deeply grateful for the gains made over the years. Binance has provided me with a secure and efficient platform to carry out my transactions, allowing me to maximize my investments and ensure a more stable financial future.
The positive experiences lived on Binance have been numerous. From exciting market rises to lessons learned during downturns, each experience has contributed to my personal and professional growth. I have had the privilege of being part of a vibrant, global community of cryptocurrency enthusiasts, with whom I have shared knowledge, strategies and, most importantly, friendship.
To Binance, and to all those who are part of this incredible platform, I express my deepest gratitude. For seven years of learning, growth and success, thank you. I am excited for what the future holds and remain committed to continuing to learn and grow alongside you.
With gratitude,
@NNDNN
#BinanceTurns7
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Celebrating Seven Years of Binance: A Journey of Excellence and Innovation
In just seven years, Binance has grown from an emerging platform to a global leader in the cryptocurrency space. As we celebrate this notable milestone, it is essential to reflect on the incredible journey and profound impact Binance has had on our lives as traders.
Pioneers of the Future of Finance
Binance has consistently been at the forefront of innovation, providing us with a complete suite of services that cater to both novice and experienced traders. Their commitment to security, transparency, and user-centered design has set a new standard in the industry.
Pioneers of the Future of Finance
Binance has consistently been at the forefront of innovation, providing us with a complete suite of services that cater to both novice and experienced traders. Their commitment to security, transparency, and user-centered design has set a new standard in the industry.
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Let's go with Family Friday!
After the bleeding of $BTC these days, we can see the very famous "McDonald's" pattern, that pattern so defined in macro temporalities where your brother-in-law appears saying: "See how I was right? This thing about the coins is a scam."
But in this case, let's agree with him without getting angry: Bitcoin is a big scam!
Once the joke is made (personally I love to take it with humor), we must take into account certain movements that have occurred throughout these weeks and for the next ones. Very attentive to the large exits of ETFs from both the US and Germany.
And we should not lose sight of it either, Mt.Gox, which just today has moved $2.7 billion in #bitcoin, which could indicate even more short-term falls.
That said, I seek to be realistic on a macro level, not only in technical terms, but in fundamentals. And I may have another perspective that is not bullish in the medium-long term, basically for one reason only, the adoption of#Bitcoinis incessant!!!!
Have a nice weekend family!
After the bleeding of $BTC these days, we can see the very famous "McDonald's" pattern, that pattern so defined in macro temporalities where your brother-in-law appears saying: "See how I was right? This thing about the coins is a scam."
But in this case, let's agree with him without getting angry: Bitcoin is a big scam!
Once the joke is made (personally I love to take it with humor), we must take into account certain movements that have occurred throughout these weeks and for the next ones. Very attentive to the large exits of ETFs from both the US and Germany.
And we should not lose sight of it either, Mt.Gox, which just today has moved $2.7 billion in #bitcoin, which could indicate even more short-term falls.
That said, I seek to be realistic on a macro level, not only in technical terms, but in fundamentals. And I may have another perspective that is not bullish in the medium-long term, basically for one reason only, the adoption of#Bitcoinis incessant!!!!
Have a nice weekend family!
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The 5 reasons that explain the fall of Bitcoin
First and most important of all, BTC spot exchange-traded funds (ETFs) have returned to the red after stringing together five days of net inflows.
This Tuesday, the 10 bitcoin funds experienced a net outflow of $13.7 million, led by losses of $32.4 million from Grayscale Bitcoin Trust (GBTC), which has already lost more than $18.5 billion since its conversion to a spot ETF in early January.
This, after exchange-traded funds lost more than $900 million in the month of June. Analysts such as those at QCP Capital point out that there are movements that lead them to think that it could be a good month for these investment products, while others, such as Samer Hasn, of XS.com, question the ability of these ETFs to maintain the bullish momentum of the market.
This Tuesday, the 10 bitcoin funds experienced a net outflow of $13.7 million, led by losses of $32.4 million from Grayscale Bitcoin Trust (GBTC), which has already lost more than $18.5 billion since its conversion to a spot ETF in early January.
This, after exchange-traded funds lost more than $900 million in the month of June. Analysts such as those at QCP Capital point out that there are movements that lead them to think that it could be a good month for these investment products, while others, such as Samer Hasn, of XS.com, question the ability of these ETFs to maintain the bullish momentum of the market.
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$BTC Your recovery begins, schedule your "LONG".
$ETH $BNB
#Bitcoin #IntroToCopytrading #BNBâ© #Ethereum
$ETH $BNB
#Bitcoin #IntroToCopytrading #BNBâ© #Ethereum
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Top 10 CRYPTOCURRENCIES to invest
I provide a more detailed analysis of each of these emerging cryptocurrency projects:
1. **Aptos (APT)**
**Founders and Team**: Aptos was founded by former Meta engineers who worked on the Diem blockchain project.
**Technology**: Uses the Move programming language, which was designed to be more secure and efficient than traditional smart contract languages.
**Scalability and Security**: Aptos focuses on offering fast and secure transactions, promising high performance that can handle a large number of transactions per second (TPS).
1. **Aptos (APT)**
**Founders and Team**: Aptos was founded by former Meta engineers who worked on the Diem blockchain project.
**Technology**: Uses the Move programming language, which was designed to be more secure and efficient than traditional smart contract languages.
**Scalability and Security**: Aptos focuses on offering fast and secure transactions, promising high performance that can handle a large number of transactions per second (TPS).
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$BNB (Binance Coin) has been trending downward recently due to several factors. One of the main ones is the general context of the cryptocurrency market, which has been experiencing significant volatility. The recent SEC lawsuit against#Binanceand its CEO has also negatively affected the price of BNB, creating uncertainty in the market.
Additionally, global regulatory pressure on cryptocurrencies and centralized exchanges has contributed to a cautious sentiment among investors. The removal of Binance USD (BUSD) as a trading option on some exchanges and the decline in trading activity have also influenced the decline in BNB value.
Although long-term predictions suggest a possible recovery, with some analysts expecting a gradual rise in the coming months, it is important to note that the cryptocurrency market is highly volatile and influenced by many external factors.
#BNBcould see a rise in the coming days, although projections and technical analysis show a mixed outlook. Some indicators and predictions suggest that BNB could see a rise in the short term.
1. **Technical Analysis**: BNB has shown signs of being in an oversold market condition according to the stochastic oscillator, which could indicate an upward price correction in the coming days.
2. **Short Term Predictions**: According to some prediction models, the price of BNB could increase slightly in the coming days. For example, a projection for next week suggests a small increase in its value.
In summary, although there is potential for an increase in the price of BNB in ââthe coming days, the inherent volatility of the cryptocurrency market and other external factors must be considered. It is important to continually monitor news and technical analysis to make informed decisions.
Additionally, global regulatory pressure on cryptocurrencies and centralized exchanges has contributed to a cautious sentiment among investors. The removal of Binance USD (BUSD) as a trading option on some exchanges and the decline in trading activity have also influenced the decline in BNB value.
Although long-term predictions suggest a possible recovery, with some analysts expecting a gradual rise in the coming months, it is important to note that the cryptocurrency market is highly volatile and influenced by many external factors.
#BNBcould see a rise in the coming days, although projections and technical analysis show a mixed outlook. Some indicators and predictions suggest that BNB could see a rise in the short term.
1. **Technical Analysis**: BNB has shown signs of being in an oversold market condition according to the stochastic oscillator, which could indicate an upward price correction in the coming days.
2. **Short Term Predictions**: According to some prediction models, the price of BNB could increase slightly in the coming days. For example, a projection for next week suggests a small increase in its value.
In summary, although there is potential for an increase in the price of BNB in ââthe coming days, the inherent volatility of the cryptocurrency market and other external factors must be considered. It is important to continually monitor news and technical analysis to make informed decisions.
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The future of $BTC , according to experts:
Before seeing the analysts' opinions, it is necessary to understand that users, when they bought #Bitcoin 10 years ago, it was worth 600 USD.
In that period, the cryptocurrency has skyrocketed more than 10,000% to currently trade at $62,500.
This means that without a doubt, many investors would now be willing to take profits and sell their bitcoins.
John Glover, chief investment officer at cryptocurrency lending company Ledn, stated:
âMany will clearly cash out and enjoy the fact that having their assets trapped in the Mt. Gox bankruptcy was the best investment they ever made. Some will clearly choose to take the money and run,â he clarified to CNBC.
JPMorgan analysts also noted this situation:
âAssuming the majority of liquidations by Mt. Gox creditors take place in July, [this] creates a trajectory where cryptocurrency prices come under increased pressure in July, but begin to recover.â starting in August.â
However, many experts pointed out that the selling pressure would be for the short term.
âMany of the early adopters of Mt. Gox, as well as creditors, are long-term Bitcoin enthusiasts and are less likely to sell all their bitcoins immediately,â highlighted Lennix Lai, chief commercial officer at crypto exchange OKX.
Finally, CCData research analyst Jacob Joseph left an interesting reflection:
âA good portion of creditors are likely to take a 10% haircut on their holdings to receive early repayment, and not all holdings will be liquidated on the open market, reducing overall selling pressure,â he said.
$BTC
$BNB
#IntroToCopytrading #BinanceTournament" #Binance
Before seeing the analysts' opinions, it is necessary to understand that users, when they bought #Bitcoin 10 years ago, it was worth 600 USD.
In that period, the cryptocurrency has skyrocketed more than 10,000% to currently trade at $62,500.
This means that without a doubt, many investors would now be willing to take profits and sell their bitcoins.
John Glover, chief investment officer at cryptocurrency lending company Ledn, stated:
âMany will clearly cash out and enjoy the fact that having their assets trapped in the Mt. Gox bankruptcy was the best investment they ever made. Some will clearly choose to take the money and run,â he clarified to CNBC.
JPMorgan analysts also noted this situation:
âAssuming the majority of liquidations by Mt. Gox creditors take place in July, [this] creates a trajectory where cryptocurrency prices come under increased pressure in July, but begin to recover.â starting in August.â
However, many experts pointed out that the selling pressure would be for the short term.
âMany of the early adopters of Mt. Gox, as well as creditors, are long-term Bitcoin enthusiasts and are less likely to sell all their bitcoins immediately,â highlighted Lennix Lai, chief commercial officer at crypto exchange OKX.
Finally, CCData research analyst Jacob Joseph left an interesting reflection:
âA good portion of creditors are likely to take a 10% haircut on their holdings to receive early repayment, and not all holdings will be liquidated on the open market, reducing overall selling pressure,â he said.
$BTC
$BNB
#IntroToCopytrading #BinanceTournament" #Binance
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$PEPE Everything indicates that it is on the rise.
The Pepe Coin cryptocurrency has managed to enter the top 100 cryptocurrencies by market capitalization, the new Pepe meme token has risen 515% since its launch on April 16.
This makes it the best-performing cryptocurrency of recent weeks by a wide margin, and it appears its rally has not yet run out of steam.
However, since Pepe Coin does not offer any fundamental value beyond a "fun" mascot and a small community of holders, there is still a good chance that it will soon undergo a major correction.
Therefore, it is not surprising that investors are beginning to get excited about the new cryptocurrency that could follow in the footsteps of Pepe Coin's success: #AIDOGE
Pepe Coin Price Prediction: Will It Hit the Dollar?
Despite the rise in the last two weeks, the price of Pepe Coin has fallen in recent days.
Launched a couple of weekends ago, PEPE, is an ERC-20 token with a total maximum supply of 420 billion (a reference to the 4/20 culture).
It's worth noting that Pepe Coin has no connection to Matt Furie, the original creator of the Pepe Frog meme, while the identity of its creators is completely unknown.
This anonymity could indicate that this is a classic pump-and-dump/rug pull scam, and these suspicions are reinforced by the fact that the registrants of its official domain have chosen to remain anonymous, using a privacy service associated with a series of scams.
Still, despite Lookonchain and others making these warnings more than a week ago, Pepe Coin has remained balanced in its price.
If so, Pepe Coin could continue to rise in the medium term, but not in the long term.
The Pepe Coin cryptocurrency has managed to enter the top 100 cryptocurrencies by market capitalization, the new Pepe meme token has risen 515% since its launch on April 16.
This makes it the best-performing cryptocurrency of recent weeks by a wide margin, and it appears its rally has not yet run out of steam.
However, since Pepe Coin does not offer any fundamental value beyond a "fun" mascot and a small community of holders, there is still a good chance that it will soon undergo a major correction.
Therefore, it is not surprising that investors are beginning to get excited about the new cryptocurrency that could follow in the footsteps of Pepe Coin's success: #AIDOGE
Pepe Coin Price Prediction: Will It Hit the Dollar?
Despite the rise in the last two weeks, the price of Pepe Coin has fallen in recent days.
Launched a couple of weekends ago, PEPE, is an ERC-20 token with a total maximum supply of 420 billion (a reference to the 4/20 culture).
It's worth noting that Pepe Coin has no connection to Matt Furie, the original creator of the Pepe Frog meme, while the identity of its creators is completely unknown.
This anonymity could indicate that this is a classic pump-and-dump/rug pull scam, and these suspicions are reinforced by the fact that the registrants of its official domain have chosen to remain anonymous, using a privacy service associated with a series of scams.
Still, despite Lookonchain and others making these warnings more than a week ago, Pepe Coin has remained balanced in its price.
If so, Pepe Coin could continue to rise in the medium term, but not in the long term.
See original
$BTC downwards, let's wait how much the price will fall.
Losses are piling up in the cryptocurrency market after its second-worst weekly decline of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy.
A gauge of the 100 largest digital assets fell about 5% in the seven days through Sunday, the steepest drop since April, according to data compiled by Bloomberg. This Monday, June 24, bitcoin lost 4% to trade at US$61,153 starting the day, a minimum of more than a month. The top token by market value has been rocked by a six-day streak of outflows from specialized US ETFs.
Gox, the Japanese cryptocurrency exchange that was hacked more than a decade ago, announced it would begin bitcoin and bitcoin cash redemptions in July. "Given the Mt Gox announcement, it seems that there are market participants taking a short position," Stefan von Haenisch, head of trading at OSL SG Pte. "Crypto markets are struggling to catch a bid at the moment."
The cryptocurrency crash comes amid doubts about the Federal Reserve's ability to quickly cut interest rates from their two-decade high. For some analysts, the decline in digital assets is a warning sign about risk appetite in general.
Current cryptocurrency market dynamics "are characterized by low volatility, low volumes, and order books that become unbalanced when prices begin to move toward the limits of their range," David Lawant, head of research at FalconX, wrote in a note.
The declines in some corners are especially notable: Ether and Solana's streak of weekly declines is the longest since last year and 2022, respectively.
Caroline Mauron of Orbit Markets says: "It looks like a bearish mood is setting in." "The market is having a hard time digesting large sell orders"
Losses are piling up in the cryptocurrency market after its second-worst weekly decline of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy.
A gauge of the 100 largest digital assets fell about 5% in the seven days through Sunday, the steepest drop since April, according to data compiled by Bloomberg. This Monday, June 24, bitcoin lost 4% to trade at US$61,153 starting the day, a minimum of more than a month. The top token by market value has been rocked by a six-day streak of outflows from specialized US ETFs.
Gox, the Japanese cryptocurrency exchange that was hacked more than a decade ago, announced it would begin bitcoin and bitcoin cash redemptions in July. "Given the Mt Gox announcement, it seems that there are market participants taking a short position," Stefan von Haenisch, head of trading at OSL SG Pte. "Crypto markets are struggling to catch a bid at the moment."
The cryptocurrency crash comes amid doubts about the Federal Reserve's ability to quickly cut interest rates from their two-decade high. For some analysts, the decline in digital assets is a warning sign about risk appetite in general.
Current cryptocurrency market dynamics "are characterized by low volatility, low volumes, and order books that become unbalanced when prices begin to move toward the limits of their range," David Lawant, head of research at FalconX, wrote in a note.
The declines in some corners are especially notable: Ether and Solana's streak of weekly declines is the longest since last year and 2022, respectively.
Caroline Mauron of Orbit Markets says: "It looks like a bearish mood is setting in." "The market is having a hard time digesting large sell orders"
See original
Is it time to buy?
What do you recommend?
Bitcoin currently at 65K. If it hits a lower value, we can expect a drop to 62K. It will be the signal for people who trade futures. It is definitely not a good time to enter Long, even more so with altcoins, since when Bitcoin sneezes, they get pneumonia. Remember not to invest more money than you are willing to lose. $BTC
#Bitcoin
What do you recommend?
Bitcoin currently at 65K. If it hits a lower value, we can expect a drop to 62K. It will be the signal for people who trade futures. It is definitely not a good time to enter Long, even more so with altcoins, since when Bitcoin sneezes, they get pneumonia. Remember not to invest more money than you are willing to lose. $BTC
#Bitcoin
See original
#From an options market perspective, the implied volatility of BTC and ETH has decreased significantly in the last month, especially for options expiring within a month, indicating that traders do not expect a significant increase in volatility in the market. BTC is likely to fluctuate in a wide range between $58,000 and $72,000 in the next 1-2 months.
Looking at BTC ETFs, there has been continuous outflow over the past two weeks, indicating short-term profit taking. However, GBTC has seen its first net inflow, so from a BTC ETF fund flows perspective, the short-term selling pressure in the market has temporarily eased, and there is clear support for BTC in the lowest levels.
From a macro perspective, the Fed's Net Liquidity Ratio has begun to decline, and the growth of the total market value of stablecoins has slowed, validating the correction in the cryptocurrency market over the past month.
However, judging by the results of the interest rate meeting, Fed Chairman Powell will focus on the downward trend in the formation of inflation, the increase in the unemployment rate to 4.5% and the liquidity risks, which will determine whether there will be a rate cut. This indicates that the Fed is considering a rate cut path, while the market believes there will only be one rate cut this year, indicating a deviation. It is expected that there is room for the cryptocurrency market to anticipate an earlier and larger rate cut.
We expect the next peak of the bull market to be around September, and the main sectors that could see significant changes are:
- BTC ecosystem: new asset protocols such as runes, ARC20, $BTC layer 2, etc.
- AI sector: The heat of the AI ââsector will continue, and the ability to capture value in the secondary market will affect the valuation of financing in the primary market.
Looking at BTC ETFs, there has been continuous outflow over the past two weeks, indicating short-term profit taking. However, GBTC has seen its first net inflow, so from a BTC ETF fund flows perspective, the short-term selling pressure in the market has temporarily eased, and there is clear support for BTC in the lowest levels.
From a macro perspective, the Fed's Net Liquidity Ratio has begun to decline, and the growth of the total market value of stablecoins has slowed, validating the correction in the cryptocurrency market over the past month.
However, judging by the results of the interest rate meeting, Fed Chairman Powell will focus on the downward trend in the formation of inflation, the increase in the unemployment rate to 4.5% and the liquidity risks, which will determine whether there will be a rate cut. This indicates that the Fed is considering a rate cut path, while the market believes there will only be one rate cut this year, indicating a deviation. It is expected that there is room for the cryptocurrency market to anticipate an earlier and larger rate cut.
We expect the next peak of the bull market to be around September, and the main sectors that could see significant changes are:
- BTC ecosystem: new asset protocols such as runes, ARC20, $BTC layer 2, etc.
- AI sector: The heat of the AI ââsector will continue, and the ability to capture value in the secondary market will affect the valuation of financing in the primary market.
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Cryptocurrency forecast:
7+ projects that can do 100x in 2024
Cryptocurrency forecast over the next few months is in high demand due to the high volatility of this market. In fact, it is expected that several projects can make up to 100x in 2024. In this article, we will analyze a selection of projects whose return can be enormous.
Of course, any cryptocurrency forecast should be viewed largely as a valuation based on current events, but volatility can alter that prediction. Use this information as a basis for your own research and to help you find those diamonds in the rough in the crypto market.
This is the list of the projects selected in the current cryptocurrency forecast, considering that they can make up to 100x profitability in the future:
PlayDoge (PLAY) â Explosive new pre-sale with a winning P2E game and a nostalgic Doge.
Sealana (SEAL) â the latest Solana meme coin with a unique and singular pre-sale.
Wiener AI (WAI) â New meme coin with all the popularity of dogs and staking.
Dogeverse (DOGEVERSE) â Doge meme coin in pre-sale with 6 supported blockchains.
Mega Dice Token (DICE) â New GameFi pre-sale.
99Bitcoins (99BTC) â New cryptocurrency in pre-sale with multi-chain, staking and learning rewards.
Sponge V2 (SPONGE) â The new version of a memecoin that already made 100X.
Smog Token (SMOG) â The new airdrop that is wreaking havoc on the market.
eTukTuk (TUK) â A very promising and revolutionary green altcoin.
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$USDC $BTC $ETH #solana #EarnFreeCrypto2024 #Binance #Ethereum #NFT
7+ projects that can do 100x in 2024
Cryptocurrency forecast over the next few months is in high demand due to the high volatility of this market. In fact, it is expected that several projects can make up to 100x in 2024. In this article, we will analyze a selection of projects whose return can be enormous.
Of course, any cryptocurrency forecast should be viewed largely as a valuation based on current events, but volatility can alter that prediction. Use this information as a basis for your own research and to help you find those diamonds in the rough in the crypto market.
This is the list of the projects selected in the current cryptocurrency forecast, considering that they can make up to 100x profitability in the future:
PlayDoge (PLAY) â Explosive new pre-sale with a winning P2E game and a nostalgic Doge.
Sealana (SEAL) â the latest Solana meme coin with a unique and singular pre-sale.
Wiener AI (WAI) â New meme coin with all the popularity of dogs and staking.
Dogeverse (DOGEVERSE) â Doge meme coin in pre-sale with 6 supported blockchains.
Mega Dice Token (DICE) â New GameFi pre-sale.
99Bitcoins (99BTC) â New cryptocurrency in pre-sale with multi-chain, staking and learning rewards.
Sponge V2 (SPONGE) â The new version of a memecoin that already made 100X.
Smog Token (SMOG) â The new airdrop that is wreaking havoc on the market.
eTukTuk (TUK) â A very promising and revolutionary green altcoin.
If you want more information about a specific person, leave your messages and LIKES in the POST. đđ
$USDC $BTC $ETH #solana #EarnFreeCrypto2024 #Binance #Ethereum #NFT
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$USDC $BTC $ETH #EarnFreeCrypto2024 #Binance #Bitcoin #Ethereum #USDC/USDT
The best opportunities to add to your portfolio in June 2024
Milei Currency (MEDA):Â
A new cryptocurrency meme inspired by the president of Argentina, Javier Milei, whose goal is to promote the equitable distribution of wealth.
Rebel Satoshi ($RECQ):Â
A utility token for the Rebel Satoshi ecosystem, used for transactions, interactions and earning rewards within the Rebel Satoshi Arcade.
NetMind Token (NMT):Â
The native token of NetMind Chain, a decentralized platform aimed at democratizing artificial intelligence and the computing power of machine learning.
Beam (BEAM):Â
The cryptocurrency token of the Beam network, a blockchain-based gaming ecosystem, with a current market cap of around $1.4B.
Alephium (ALPH):Â
A project that uses a novel sharding algorithm for high transaction performance, currently undervalued with a market cap of $136M.
Cosmic Network (COSMIC):Â
A decentralized peer-to-peer (P2P) virtual private network (VPN) service powered by artificial intelligence (AI).
Wicrypt (WNT):Â
The native token of the Wicrypt ecosystem, a decentralized hotspot trading and token mining network, with a current market capitalization of around $3.5M.
The best opportunities to add to your portfolio in June 2024
Milei Currency (MEDA):Â
A new cryptocurrency meme inspired by the president of Argentina, Javier Milei, whose goal is to promote the equitable distribution of wealth.
Rebel Satoshi ($RECQ):Â
A utility token for the Rebel Satoshi ecosystem, used for transactions, interactions and earning rewards within the Rebel Satoshi Arcade.
NetMind Token (NMT):Â
The native token of NetMind Chain, a decentralized platform aimed at democratizing artificial intelligence and the computing power of machine learning.
Beam (BEAM):Â
The cryptocurrency token of the Beam network, a blockchain-based gaming ecosystem, with a current market cap of around $1.4B.
Alephium (ALPH):Â
A project that uses a novel sharding algorithm for high transaction performance, currently undervalued with a market cap of $136M.
Cosmic Network (COSMIC):Â
A decentralized peer-to-peer (P2P) virtual private network (VPN) service powered by artificial intelligence (AI).
Wicrypt (WNT):Â
The native token of the Wicrypt ecosystem, a decentralized hotspot trading and token mining network, with a current market capitalization of around $3.5M.
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