Crypto Market Plunges, $1.2 Billion Liquidated

The cryptocurrency market experienced a significant downturn, with Bitcoin, Ethereum, XRP, Dogecoin, and Solana all facing double-digit losses.

This followed Federal Reserve Chair Jerome Powell's comments on potentially higher inflation and prolonged interest rate hikes, spooking investors.
Bitcoin dropped 7%, Ethereum fell 12%, and XRP declined 11%. Dogecoin, a popular meme coin, tumbled 20%, while Solana dipped below $200.

The market witnessed massive liquidations, with over $1.2 billion worth of crypto positions wiped out in 24 hours. This includes a single liquidation

order on Binance worth nearly $16 million.
Other cryptocurrencies, including XRP and Cardano, also suffered substantial losses.
While some altcoins like Fartcoin saw gains, the overall market sentiment remains bearish. As Bitcoin fell below $100,000, concerns are growing about market vulnerability.
.
#BTC☀ #XRPDumping #cardanofeed #SolanaUSTD $XRP $SOL

Crypto markets experienced a downturn today, led by a decline in Bitcoin (BTC) below $97,000. This followed a sharp drop from its all-time high of $108,000 earlier in the week. Major altcoins like Ethereum (ETH) and Solana (SOL) also saw significant losses. The overall crypto market capitalization decreased by 2%, and trading volume dropped significantly.
Despite the bearish trend, some positive
developments occurred:
* U.S. Bitcoin Reserve: Senator Cynthia Lummis confirmed the U.S. will hold a strategic Bitcoin reserve for at least 20 years, a move expected to have long-term implications for the market.

* ETF Inflows: Bitcoin and Ethereum ETFs saw inflows of $449 million and $62 million, respectively.

However, negative news also emerged:
* Ripple Transfer: Ripple transferred 90 million XRP to an unknown wallet, sparking speculation.

* Whale Activity: A Solana whale accumulated 1.7 million SOL after the recent dip.

Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) also experienced declines.
Among individual coins, Hyperliquid (HYPE) was the top gainer, while dogwifhat (WIF) and Ethena (ENA) suffered the largest losses.

Disclaimer: This is a simplified summary and does not constitute financial advice.

will fet ho below 1$ ?

LINE, a popular messaging app in Asia, is making it easier for people to access Web3 technology through their app. Web3 is a new way of building online applications that are decentralized, meaning they are not controlled by any one company or government. LINE is doing this by launching "Mini Dapps" and a Dapp Portal.
Mini Dapps are small, web-based applications that can be accessed directly through the LINE Messenger app. This will make it easy for people to try out Web3 without having to download any new software. The Dapp Portal will be a place where people can find and learn more about Mini Dapps.
LINE is also working with the Kaia DLT Foundation to support developers who want to build Mini Dapps. The Kaia DLT Foundation is a non-profit organization that is helping to develop the Web3 ecosystem in Asia. They will provide developers with resources such as software development kits (SDKs) and funding.
This is a big deal because it could make Web3 more accessible to millions of people in Asia. Web3 has the potential to revolutionize the way we interact with the internet, and LINE is helping to make that happen.
Some of the first Mini Dapps to be launched include games like Bombie and Shin-chan's Match Daily, as well as a fitness app called Superz. These apps show the potential of Mini Dapps to be used for a variety of purposes.
By making Web3 more accessible, LINE is hoping to encourage more people to develop and use these new technologies. This could lead to a more decentralized and open internet in the future.
#RideTheKaiaWave #MarketNewHype $

* Bitwise Predicts Bullish 2025 for Crypto
* Bitcoin to Hit $200K in 2025, Says Bitwise
* Crypto's 2025 Outlook: A Bullish Forecast

More Detailed:
* Bitwise: Bitcoin to Soar to $200K, Ethereum to Reach $7K in 2025

* Institutional Investments, ETFs, and Regulatory Tailwinds to Fuel Crypto's 2025 Rally

* Bitwise's 2025 Crypto Predictions: A Brave New World of Digital Assets
#ETH🔥🔥🔥🔥 #BTC500K #2025Prediction $BTC $ETH $XRP

Toncoin Recovers Amidst Crypto Sell-off

Toncoin (TON) has shown resilience amidst a broader cryptocurrency market downturn. Despite a 4% dip in 24 hours, the coin's trading volume surged by over 31%, indicating sustained investor interest.

While the coin has faced challenges recently,
including a drop in ranking and price, the recent volume increase and Bitcoin's upward trajectory suggest potential for recovery.

TON's strong on-chain activity and its role in powering Telegram-based dApps further bolst$er its long-term prospects.
#ToncoinSurge #NewsAboutCrypto
$TON

salute 🫡
To those influencers and wannabe Traders wo were calling #Xrp🔥🔥 Shit 👏

#xrpsucess #XRPGoal

$BTC
Common Pitfalls of Futures Trading
Many futures traders, after initial success, encounter a string of losses. To avoid this, it's crucial to understand and avoid common pitfalls.
Key Mistakes to Avoid
* Inconsistent Strategy:
* Successful traders adhere to a well-defined trading plan.
* Deviating from this plan due to emotions can lead to significant losses.
* Neglecting Risk Management:
* Futures trading inherently involves risk.
* Employing stop-loss orders and hedging strategies can help mitigate potential losses.
* Lack of Focus:
* Effective trading requires undivided attention.
* Minimizing distractions is essential for making sound decisions.
* Resistance to Learning:
* The markets are constantly evolving.
* Successful traders stay updated with market trends and are open to adopting new strategies.
Qualities of Successful Futures Traders
* Independent Thinking:
* Successful traders form their own opinions, rather than blindly following the crowd.
* They analyze market trends and make informed decisions.
* Strong Analytical Skills:
* A solid understanding of technical and fundamental analysis is crucial.
* Continuous learning and practice are key to honing these skills.
* Lifelong Learning:
* Successful traders remain committed to learning and improving their skills.
* Attending seminars and workshops can provide valuable insights.
* Effective Use of Trading Tools:
* Access to real-time quotes, trading platforms, and analytical tools is essential.
* These tools enable timely decision-making and execution.
Conclusion
By avoiding common mistakes, cultivating essential qualities, and staying committed to learning, traders can increase their chances of long-term success in the challenging yet rewarding world of futures trading.
#FutureTarding #FuturesVsSpot

Four Promising Cryptocurrencies

GRASS: A green and innovative
cryptocurrency, GRASS stands out with its eco-friendly blockchain technology. It's a great choice for investors seeking sustainable investments.

Aureal One: This cryptocurrency is making waves in the NFT market with its seamless integration and smart contract capabilities. It's a promising option for those interested in NFTs.

Goatseus Maximus (GOAT): With a strong community-driven approach, GOAT offers staking rewards and active user engagement. It's a potential high-yield investment in the DeFi space.

Neiro (NEIRO): This cryptocurrency leverages AI technology to provide advanced security and a user-friendly trading platform. It's an attractive option for investors looking for innovative and secure cryptocurrencies.
#grass #GOAT #neirocrypto $NEIRO

BlackRock's Ether ETF Sees Record Inflows

#BlackRock, a major investment firm, has
seen a significant increase in investments in its Ether ETF. This comes as the price of Ether, the cryptocurrency powering the

Ethereum network, has risen to its highest point in several months.

The increased interest in Ether ETFs could be linked to recent news about the US presidential election and the potential impact on cryptocurrency markets.

While Bitcoin has seen some recent price stability, Ether has continued to rise, leading to increased investor attention.
#BlackRock⁩ #ETHETFS #etherreum $ETH $BTC

Lido DAO Surges on Positive Market Sentiment and Whale Accumulation
Lido DAO (LDO) is experiencing a significant price increase, rising 33% in the past 24 hours to trade at $1.40. This bullish momentum coincides with a broader positive sentiment in the cryptocurrency market.
Key Drivers:
* Market Optimism: The recent rise in Bitcoin's price, reaching a new high above $75,000, is seen as a contributing factor to LDO's gains.
* Whale Accumulation: On-chain data reveals a surge in whale activity around LDO, with large holder net inflows reaching their highest level since May 2023. This suggests strong whale interest and accumulation.
* Potential FOMO: With a significant portion of LDO's supply held by whales, their buying activity could trigger fear of missing out (FOMO) among other investors, further fueling the price rise.
Market Volatility:
It's important to note that LDO remains significantly down from its all-time high of $18.6 in November 2021. Additionally, the high whale concentration and potential FOMO could lead to increased price volatility in the future.
Overall, Lido DAO is experiencing a positive surge driven by market optimism and whale accumulation. However, investors should be cautious of potential volatility due to the market dynamics.
#LidoDAO
#LDO
#LiquidStaking
#EthereumPower $LDO

Ascending Triangle Pattern for LUNC

LUNC price shows an ascending triangle pattern hinting at a bullish breakout.

Key resistance at 0.00009125 is crucial for confirming the breakout.

Failure to break could lead to consolidation or a bearish move.

Traders are watching closely for a breakout or breakdown.
#LUNC✅ #LUNAReborn #LUNCUSD $LUNC $LUNA

TikTok Accused of Unlicensed Crypto Exchange Activities in the UK

TikTok, the popular social media platform, is facing allegations of operating as an unlicensed cryptocurrency exchange in the United Kingdom. A former compliance consultant for a major private bank has sent a letter to the Financial Conduct Authority (FCA) outlining these concerns.

The letter claims that TikTok's reward system, which allows users to purchase virtual coins and send them to content creators, can indirectly be used to exchange these coins for real money. This, according to the consultant, makes TikTok a de facto cryptocurrency exchange.

The concern is that TikTok is not registered with the FCA as a money service business. This means it may be vulnerable to being exploited for money laundering and other illicit activities.

While the letter specifically mentions TikTok's reward system, it's unclear if the virtual coins used in this system are actually considered cryptocurrencies. The report from Financial News only refers to them as "virtual coins" or "virtual tokens."

TikTok has faced similar allegations in other jurisdictions. Australia's Shadow Minister James Paterson has referred the platform to the country's AML authority, and the state of Utah is suing TikTok over alleged money laundering and facilitation of child sexual exploitation.

In response to these allegations, TikTok has been hiring more compliance staff to strengthen its regulatory oversight.
#MemeCoinTrending #CryptoNewss #TikTok #DonaldTrumpCoin $FLOKI #PEPE市值超越LTC $PEPE $SHIB

#moonbix
Binance Moonbix: A New Play-to-Earn Game with a Twist
Binance, the world's largest cryptocurrency exchange by trading volume, has entered the play-to-earn (P2E) space with its new Telegram mini-game, Moonbix. Unlike traditional tap-to-earn games, Moonbix offers a unique space exploration theme, combining casual gameplay with the potential to earn cryptocurrency rewards.
Key Points About Moonbix:
* Rapid Growth: Moonbix has quickly gained popularity, attracting nearly 15 million players within a week of its launch. This surge in interest suggests a strong demand for engaging P2E games on Telegram.
* Vietnamese Dominance: Vietnamese players have taken the lead in Moonbix, dominating the leaderboards. However, achieving high scores requires a combination of skill, strategy, and often, external assistance.
* Cheating Concerns: Like many P2E games, Moonbix has faced issues with cheating. Some players have resorted to using tools to automate gameplay or buy bulk accounts to gain an unfair advantage.
* Global Appeal: Moonbix has captured the attention of players worldwide, with Ethiopia leading in Google search interest. This suggests a broad appeal for the game's unique combination of space exploration and crypto rewards.
* Binance User Acquisition: By requiring players to complete KYC verification, Moonbix is helping Binance attract new users to its platform.
The Future of Moonbix:
While Moonbix has shown early promise, its long-term success will depend on factors such as ongoing player engagement, the sustainability of its reward system, and the broader health of the P2E and Telegram ecosystems. As the game continues to evolve, it will be interesting to see how it compares to other popular tap-to-earn games and its impact on the broader cryptocurrency landscape.
#MoonbixRewards #MoonbixBinanceAirdrop

HBO New documentary About #satoshiNakamato

A new documentary by HBO claims that Peter Todd, a Canadian programmer involved with Bitcoin since 2010, is the real Satoshi Nakamoto, the anonymous creator of Bitcoin. However, Todd denies this claim.

The documentary has sparked a lot of debate online. Bitcoin is a digital currency that has been around since 2008. It is a decentralized currency, meaning it is not controlled by any government or bank. Bitcoin has become a very valuable asset, with a current price of around $60,767.

#WeAreAllSatoshi

Great news for #hamsterkombat24 players .

According To coin codex #HamsterKombat coin know as #hmstr Is worth 0.19793 .

#hamsterkombatupdate #hamsterairdrop

Here's a rewritten version of the news:

"TON Network Experiences Outage Amidst Surge in Trading Activity

The Telegram Open Network (TON) has come to a standstill, with no new blocks being produced for over three hours. This sudden outage follows a frenzy of trading activity centered around a new memecoin called DOGS.

The network's inability to produce new blocks has raised concerns, and the TON team has yet to comment on the issue. The outage occurs after DOGS memecoin witnessed a massive trading volume of $1.7 billion within its first ten hours of launch, reaching a peak market capitalization of $891 million.

The unexpected surge in trading activity is believed to have contributed to the network's outage, leaving users wondering when the issue will be resolved."

"Exciting News for FET Fans!

The Artificial Superintelligence Alliance (FET) has been on a roll, outshining top cryptos like Bitcoin, Solana, and TRON over the last week! Its price has skyrocketed by over 70% in just 7 days.

What's behind this surge? (link unavailable) is launching an innovative lab in San Francisco, dedicated to pushing the boundaries of AI technology. This lab will be a hub for early-stage startups developing AI solutions, and it's generating huge excitement!

After a brief dip, FET is back on track, posting the biggest gains among top AI cryptos. In fact, it's up by over 6% in the last 30 days, while others like Near Protocol and Internet Computer have seen a decline.

And the momentum continues - FET added another 7% gain in the last 24 hours! While others may be experiencing a slump, FET is trading strong. Keep an eye on this rising star!"
#Fetch_ai #FET.智能策略库🏆🏆 #FET❤️ #Fetupdate #UptrendOpportunity
$FET $RENDER
$FET

$BTC $ETH $BNB

"Crypto Market in Free Fall: $400 Billion Wiped Out in Hours

The cryptocurrency market is experiencing a brutal sell-off, with a staggering 18.1% drop in the last few hours, resulting in over $400 billion in losses. The carnage has intensified during Asian trading hours, with Japan's Nikkei index plummeting 13% on Monday, August 5, extending its losses to over 20% since its July peak.

According to Coinglass data, crypto market liquidations have surged to $1 billion in the past 24 hours, with $900 million in long liquidations and $106 million in short liquidations, mostly occurring in the last 4 hours.

Bitcoin's price has plummeted over 15%, breaking below $50,500, while altcoins have suffered even deeper corrections, with Ethereum down 20% and other top altcoins losing between 15-20%.

Investors are reeling as the market bleeds, with no clear end in sight to the chaos. Will the crypto market stabilize, or is this just the beginning of a prolonged downturn?"
#BTC_MarketPanic_Dip #JapanEconomy #FreeFall #JapanCrypto