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Key events for this week...all eyes on Powell 10 july
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By the way, there is a feeling that with the upcoming altseason, since the market will not give crazy profits from altcoins as in previous cycles, it seems to me that during the growth we will be able to see a new trend and you need to be careful! With pump fun, sun pump and I think other networks can follow a similar example and create similar platforms! Which will resemble the times of ICO, but uncontrolled, large influencers who have a large audience in different social networks will create their tokens on these platforms! Imagine what it takes for an influencer with an audience of 100K active users to create their token in one click on pumpfun, do amazing marketing and bring the capitalization to 69,000 for listing on $RAY Then, as it grows, you can simply unload your allocations (by creating several wallets and buying one of the first)! Next, most likely, if you have good connections with exchanges list these tokens on these exchanges and unload anonymously without even sacrificing your reputation! In fact, all these platforms work as platforms with an honest launch, but you need to understand that behind each token there will be a marketing team, or even the influencer himself! When the price randomly or not randomly collapses, you can always say that it was the community itself that collapsed the price, and the influencer became a victim of his own subscribers ... but everything will be the other way around again)) Therefore, be careful if you see a mass launch of such tokens, if such a trend appears on Twitter! ... Just thoughts for the future #Memecoins🤑🤑 #SunPump $SOL $TRX
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BlackRock and Grayscale together own 2.96% of the total Bitcoin supply BlackRock and Grayscale's share rose to 2.96% of the total BTC supply in circulation. I hope everyone understand its just a numbers what they show to retails. Im more than sure BlackRock own more than 3%))) total Btc supply $BTC
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By the way, few days ago Bitcoin ETFs record biggest net inflow since July at $250 million, after Fed Chairman JPowell's speech at the Jackson Hole Symposium, where he hinted at the possibility of interest rate cuts. Investors expect that a less rigid monetary policy will have a positive effect on asset prices, including cryptocurrencies, which shows the growing interest in Bitcoin against the backdrop of changes in US economic policy. $BTC What an irony)) #BTC突破7万大关
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Look Onchain has brought attention to a recent deposit by the Ethereum Foundation on the Kraken exchange, which occurred five days ago, involving 35,000 $ETH valued at $94.07 million. This transaction was followed by an 8.8% decline in price. A review of the Ethereum Foundation's historical sales reveals a pattern of selling near market tops Since January 1, 2021, the Ethereum Foundation has sold 239,000 ETH, equating to $654 million. Now ask yourself, do you really think that all these dormant bitcoin wallets also wake up purely by chance? Just like ether coins are accidentally brought to key levels for sale?) $BTC
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also) do we have any bad news? NO) this 💩 can pump and dump by market makers in both ways like any other altcoin, while traders make a money in usd $BTC
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