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koinmilyoner
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Avoid Missing Out! With $40 Million Bet, #Ethereum Whales Signal Bullish Run Ethereum (ETH), the second-largest #cryptocurrency by market value, is seeing market confidence rise. Two new whales, according to crypto monitoring tool Spot On Chain, boost Ethereum bullishness. These whales have withdrew over 11,700 #ETH tokens worth $40 million from Binance, a large cryptocurrency exchange. They invested heavily when ETH reached $3,450, indicating confidence in additional price rise. Ether Trading Volume Rises The cryptocurrency market is optimistic due to Ethereum (ETH)'s good performance and the Bitcoin halving event. The price of ETH has risen over 10% in 24 hours to $3,679 today. Trading volume has increased by over 70% to $15 billion, backed by this tremendous gain. Market experts regularly follow whale behavior because it might reveal investor sentiment, altering the bitcoin environment. ETH price movement last week. Source: Coingecko. Whales' huge purchases can ricochet across the market. Smaller investors and traders are persuaded to follow suit, compounding upward momentum. Despite the thrill of greater market activity, it's important to consider the risks of asset concentration. Whale buying may raise prices, but they also threaten market stability. Concentration may diminish market liquidity, making Ethereum prices more sensitive to quick and severe changes. Whale activity may be a barometer of market mood, but its larger effects on market dynamics should be carefully considered. Halving Bitcoin Hype Fuels Market Rally Meanwhile, Ethereum's strong climb is not alone. The bitcoin market is rising. Bitcoin, the unchallenged leader, has risen past $72,000. Anticipation of the Bitcoin halving in 11 days is driving this rising trend. The Bitcoin halving happens every four years as intended. It cuts the quantity of Bitcoins miners get for confirming network transactions. Bitcoin prices have risen significantly after halving events because less supply increases demand and scarcity. $ETH

Avoid Missing Out! With $40 Million Bet, #Ethereum Whales Signal Bullish Run



Ethereum (ETH), the second-largest #cryptocurrency by market value, is seeing market confidence rise. Two new whales, according to crypto monitoring tool Spot On Chain, boost Ethereum bullishness.


These whales have withdrew over 11,700 #ETH tokens worth $40 million from Binance, a large cryptocurrency exchange.


They invested heavily when ETH reached $3,450, indicating confidence in additional price rise.


Ether Trading Volume Rises
The cryptocurrency market is optimistic due to Ethereum (ETH)'s good performance and the Bitcoin halving event.


The price of ETH has risen over 10% in 24 hours to $3,679 today. Trading volume has increased by over 70% to $15 billion, backed by this tremendous gain.


Market experts regularly follow whale behavior because it might reveal investor sentiment, altering the bitcoin environment.


ETH price movement last week. Source: Coingecko.
Whales' huge purchases can ricochet across the market. Smaller investors and traders are persuaded to follow suit, compounding upward momentum.


Despite the thrill of greater market activity, it's important to consider the risks of asset concentration. Whale buying may raise prices, but they also threaten market stability.


Concentration may diminish market liquidity, making Ethereum prices more sensitive to quick and severe changes. Whale activity may be a barometer of market mood, but its larger effects on market dynamics should be carefully considered.


Halving Bitcoin Hype Fuels Market Rally
Meanwhile, Ethereum's strong climb is not alone. The bitcoin market is rising. Bitcoin, the unchallenged leader, has risen past $72,000. Anticipation of the Bitcoin halving in 11 days is driving this rising trend.


The Bitcoin halving happens every four years as intended. It cuts the quantity of Bitcoins miners get for confirming network transactions.


Bitcoin prices have risen significantly after halving events because less supply increases demand and scarcity.

$ETH

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#MarketSentimentToday It is suggested by President #Bukele that a bank be established for Bitcoin investors As a significant step toward their plans on the economic front, Milena Mayorga, they are seriously considering the establishment of a bank for private investment (BPI), which will make it possible to introduce multiple opportunities with regard to financing, targeting prospective investors dealing in Bitcoin. This will be a significant step toward their plans. Max Keiser, who serves as the Senior Bitcoin Advisor to President Bukele, is of the view that the Bitcoin bank idea is President Bukele's method of communicating to the rest of the world the path that he plans to lead the nation in. Just fourteen days after Bukele was elected President for yet another five-year term, the recommendation was made. Bukele will serve for another five years. Bukele's preference for Bitcoin, on the other hand, has been subjected to a number of turbulent periods ever since El Salvador launched the initiative to use Bitcoin as a form of authorized money in the year 2021. As a result of his efforts to suppress criminal organizations like Mara Salvatrucha and Barrio, Bukele was able to garner an enormous amount of support. There is a growing sense of optimism over Bitcoin now that he is back in the driver's seat. #BTC #bitcoin $BTC
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Will Solana Survive Its Recent Setbacks? Shares Fall Sharply to $146 Currently, there are substantial price obstacles for SOL, the native token of Solana, a top blockchain platform known for its unique technologies and lightning-fast transactions. With all the ups and downs in the cryptocurrency market, the positive trajectory of Solana's price has run into some resistance levels. In an effort to predict SOL's future performance, investors and analysts are keeping a careful eye on these changes. Examining the present and future pricing challenges encountered by Solana, as well as offering forecasts on the potential effects of these challenges on its market performance, this article goes into great detail. Investors attempting to traverse the murky waters of Solana's price fluctuations would do well to familiarize themselves with these factors. Trading at about $146 during the last 24 hours, SOL's price has dropped 5.40 percent, contributing to its market value of more than $67 billion. The trading volume for the company is more than $1.3 billion. Its market value rose 0.64 percent and its trading volume by 40.90 percent despite the price drop. Two bearish candlesticks have fallen on the 4-hour chart, signaling that the price of SOL has resumed its downward trend following an unsuccessful effort at an upward climb. In addition, the fact that Solana's current price is below its 100-day SMA suggests that the trend may continue in a negative direction. It should be mentioned that this is only a short-term measure because the price will eventually drop even further. However, the composite trend oscillator indicator on the 4-hour chart suggests that SOL's price may move upwards as both the signal line and the SMA of the indicator are heading toward the zero line. At the same time, a bearish candlestick with great momentum is trying to be dropped from the 1-day chart, and Solana is trading below the 100-day simple moving average (SMA). #Solana #Sol $SOL
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Shiba Inu Stock Forecast: Will Whales Sell Now That SHIB Has Broken Through Long-Term Support? A little decline in the Shiba Inu price occurred today, sending the price down below a key support level that had stood strong during the consolidation. Amidst a substantial decline, the price of SHIB has dropped 3.58% in the last 24 hours, reaching $0.00002. Similar to other prominent cryptocurrencies like as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), SHIB has had a 14.00% weekly loss in a retreat. A return of 176.69% is still respectable, especially when compared to the gains of other prominent cryptocurrencies, although SHIB has declined by 20.40% this month. It seems that traders are quite active with the meme currency, as its 24-hour trading volume surged 43.80% to $258.85M. Is the Whale Market Selling Shiba Inus After They Break Long-Term Support? Following a drop in the wee hours of this morning, the Shiba Inu price seems to have broken its sideways momentum and is now heading downwards. Technical analysis for predicting the Shiba Inu price. Written by Binance. When SHIB dropped below the crucial support level of $0.00002048, which it had held for many days, this change happened. The price has been consolidating sideways till now because to this support level and strong resistance at $0.00002109. A number of other indicators corroborate this change in trend, including the relative strength index (RSI), which has dropped from 55 to 10 in the last day. It seems that the market is seeing significant selling pressure, approaching oversold levels. Furthermore, the orange 30-day moving average has begun to fall, suggesting that the short-term trend is heading in the direction of a downtrend. Additionally, it is somewhat declining since it is lagging behind the blue 200-day moving average. This indicates that selling pressure has been ongoing and that greater drops may be on the horizon. #SHIB $SHIB
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What Cryptocurrency Can Do to Save the United States Ryan's Policy Council position at Paradigm, a crypto venture capital company, gives him a unique viewpoint that combines old financial processes with developing digital solutions. He proposes using stablecoins to make US government debt more liquid and appealing worldwide in his opinion post. Ryan believes stablecoins, which are tethered to fiat currencies like the US dollar, might boost US public debt demand. He believes these digital assets might outperform Hong Kong and Saudi Arabia in Treasury securities by offering a more stable and dependable way to buy US debt. Ryan says dollar-backed stablecoins help sustain the US dollar's position as the worldwide reserve currency and finance the US deficit without jeopardizing long-term economic stability. He stresses that crypto stablecoins improve debt management and boost the dollar's international position. Ryan proposes a “robust and predictable regulatory framework for stablecoins” to protect and reliably grow these digital assets. He blames the absence of comprehensive laws for the slow acceptance and expansion of stablecoins in mainstream financial activities. He discusses how incorporating crypto stablecoins into the US financial system might reduce fiscal imbalance concerns and foreign debt reliance. Ryan believes stablecoins might protect against economic shocks like market contractions and dollar confidence issues. Ryan believes sustaining the dollar's superiority in the face of increasing global rivals like China is vital. He notes that China has actively pursued economic growth to become a global financial system competitor. "By integrating stablecoins into our financial arsenal, we secure our financial autonomy and counter other nations' efforts to erode the dollar's global influence," Ryan says. He argues that proactive financial innovation, like stablecoins, is essential to maintaining US economic supremacy and minimizing political and economic instability. #BTC #bitcoin #BTCFOMCWatch #CPIAlert $BTC
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