🟠 Bitcoin is up OVER 115% since actor Ben McKenzie claimed ONE YEAR ago that Bitcoiners didn’t understand scarcity 💀 #BTC #Bitcoin $BTC | TopCryptoNews على Binance Square

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🟠 Bitcoin is up OVER 115% since actor Ben McKenzie claimed ONE YEAR ago that Bitcoiners didn’t understand scarcity 💀
#BTC #Bitcoin $BTC 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. اطلع على الشروط والأحكام.

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💬 This Analyst Always Has a Bullish Forecast : Comparison of Japan's Nikkei 225 Stock Market Index and #BTC 💸

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😭 "THIS IS THE WORST #BITCOIN CYCLE EVER!” NOPE! • In 2016, 20,200 ₿itcoin ₿locks after the halving, ₿itcoin was struggling near the red-line floor/support. This was a worse scenario. • In 2020, 20,200 ₿itcoin ₿locks after the halving, ₿itcoin was between green-line linear-regression and red-line floor/support. Same as today. • Today, in 2024, 20,200 ₿itcoin ₿locks after the halving, just like in 2020, ₿itcoin is between green-line linear-regression and red-line floor/support.

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📊 Analyst Predicts Significant #Ethereum Price Drop A crypto analyst, Justin Bennett, has issued a stern warning regarding Ethereum, forecasting a substantial decline in its price. Communicating with his 111,100 followers on social media platform X, Bennett highlighted that Ethereum is once again testing the diagonal support within its rising channel pattern. 🔸 What is a Rising Channel Pattern? A rising channel pattern suggests that an asset is achieving higher highs and higher lows. However, this pattern can break if the price dips below the lower support line. According to Bennett, a crucial moment lies ahead for Ethereum, with potential for a brief bounce but an eventual significant drop. 🔸 Possible Drop for Ethereum? Bennett’s chart analysis indicates that Ethereum might fall below the channel’s support and retreat to a long-term trend line. He recalls predicting last year that #ETH could drop to $700, which would mean a decline of over 69% from its current value of $2,278. 🔸 Analysis and Market Impact • Bennett suggests that expectations of a Fed rate cut might not result in sustainable price increases for Ethereum. • He cautions investors against assuming that short-term rallies will lead to long-term gains. • Bennett emphasizes the importance of assessing current market conditions before making investment decisions. Despite Bennett’s analysis, uncertainties about Ethereum’s future remain, influenced by market dynamics and global economic indicators. Investors are advised to conduct their own research and carefully manage risks based on such expert insights. This type of analysis can be beneficial for risk management, yet each investor must undertake their own due diligence to make informed decisions.

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🔥 $$Top Cryptos to Buy on the Dip for Maximum Gains in 2024 In view of the volatile nature of cryptocurrencies, prominent coins like Bitcoin, Uniswap, Binance Coin, Toncoin are taking the lead in decentralized finance. These digital currencies provide excellent opportunities for investors who wish to capture growth and innovation even when the market slows down. 🔸 Bitcoin (#BTC ): The Pioneer of Decentralized Currency Bitcoin was introduced in 2009 controlled by organizational structure, this coin allows users to exchange directly without help from any no negotiator. Bitcoin is mostly used to store value and as a means of payment. This system uses its own trust ledger called blockchain and has become a trend setter in the creation of newer coins. 🔸 Binance Coin (#BNB ): Fueling the World’s Largest Crypto Exchange Binance coin(BNB) utility tokens with a multi-dimensional use. BNB conducted in 2017 was used primarily as the means of payment . Over the years, the use of this token has evolved to cover a growing number of features within the Binance ecosystem including Binance Chain, Binance Smart Chain, et al. BNB comes with elaborate advantages such as discounts on trading fees and offers for participating in sales of tokens. 🔸 Uniswap (#UNI ): Revolutionizing Decentralized Trading Launched in 2018, Uni is a protocol for exchanging cryptocurrency focusing on DeFi token exchange through an AMM less third party CEX protocol which takes permission to trade instead of request it. This allows users to swap tokens without sending them to exchanges as liquidity providers through smart contracts. The UNI which was launched in 2020 was designed for governance purposes of the protocol. 🔸 Toncoin (#TON ): Building on The Open Network Toncoin is the official money of the Telegram Open Network (TON), which was created by the Telegram team. One of the aims of the TON is to develop a fast and scalable block chain which will function as a part of the backbone of the Telecommunications Company Telegram.

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⭐️ Best #DeFi Wallets for 2024: Enhance Your Crypto Experience with These Top Picks In 2024, crypto wallets will undergo remarkable advancements in their functionalities, enhancing user experience, security, and integration with DeFi technology. These wallets are Edge Wallet, Coinbase, Binance web3, all predicated on distinctive characteristics that make them appropriate for varying consumer skills, from novice users to experts in DeFi. 🔸 #Edge Wallet: Making DeFi Approachable and Usable The Edge wallet allows users to buy, sell, exchange, and store several digital coins. It was begun in 2018 but became popular due to its use with DeFi apps like Aave for easily loaning Bitcoin. Users can get dollars from previously borrowed loans and place them directly in their Edged current account, making the Edge wallet better than most wallets on the market. 🔸 #Coinbase Wallet: Bridging Users to DeFi and NFT This trusting, self-managed, or custodial wallet supports digital assets such as over a hundred thousand cryptocurrencies, NFTs, and more. Hence, this basic wallet entails most functionalities that a market beginner would find enticing. Within the wallet, dApps enable trading, staking, and managing digital assets across networks like Ethereum, Polygon, and Solana and engage in various DeFi protocols and dApps. 🔸 #Binance Web3 Wallet: A Secure Choice for Multi-Chain Management Binance Web3 Wallet is a self-custodial wallet by Binance that perfectly suits users who are heavily ensconced inside the Binance ecosystem. It allows the users to access more than 38 blockchain networks thus making it easy to manage their assets on different ecosystems. Coupled with multi-party computation (MPC) technology for key protection, the Binance Web3 Wallet is also very secure. In addition, the wallet is also integrated into a platform, making it easier to transfer assets between accounts.

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