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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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🚀 BITCOIN AIMING FOR $70K MARK 🚀 Bitcoin traders are setting their sights on a short-term price target of $70,000 after BTC surged above $66,000 during the Asian trading session on July 17, 2024. Although the price later pulled back to $65,000 during the European morning, it remains up by 2.2% over the past 24 hours. 📈 Market Optimism on the Rise 📈 Lucy Hu, a senior analyst at Metalpha, shared with CoinDesk, “The rebound in Bitcoin price shows the market has a more optimistic outlook in the near-term macro environment.” The crypto market received a significant boost from the announcement of Donald Trump's vice presidential pick, hinting at a potentially more crypto-friendly administration and policies. Additionally, there’s less concern over long-term selling pressure as Mt. Gox repayments to creditors have already started. 💰 Bitcoin ETFs See Record Inflows 💰 Bitcoin exchange-traded funds (ETFs) continued their seven-day winning streak on Tuesday, with a massive inflow of $422.5 million, marking the largest single-day influx since June 5. The majority of these funds, over $260 million, went into BlackRock's IBIT. Over the past three days, ETFs have collectively attracted more than $1 billion, highlighting increasing confidence in Bitcoin’s price potential. ETFs Inflow Highlights: Total Inflows on Tuesday: $422.5 million BlackRock's IBIT: $260 million+ Three-Day Total Inflows: $1 billion+ This surge in ETF inflows has coincided with a 20% rise in BTC, reflecting a broader market sentiment shift. Watch the price closely and stay updated with @Professor Mende - Founder of BONUZ Project - in Dubai UAE ! #bitcoinprice #btc #bitcoin #markettrends #bullorbear $BTC $ETH l $SOL
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🚀 #MEMECOINS OUTPERFORM $BTC, $ETH, AND $SOL AS TRADERS ROTATE HOLDINGS 🚀 On Tuesday, the $53 billion meme coin sector saw a spectacular rise of over 12%, with notable tokens like pepe (PEPE) and dogwifhat (WIF) surging by 22% and 25% respectively, according to CoinGecko data. 📈 Market Dynamics and Performance 📈 This surge in meme coins comes as Bitcoin (BTC) recovered to a one-month high of $65,000 before slightly retreating to $63,000. This robust performance indicates that traders are taking profits from higher market cap assets like BTC and Ethereum (ETH) and diversifying into more speculative meme coins. Pepe (PEPE): +22% Dogwifhat (WIF): +25% The CoinDesk 20 Index (CD20), which measures the performance of large-cap tokens, is up by 2.3% over the past 36 hours. 💬 New Political Meme Coins Surge 💬 Several meme coins based on American politics have emerged following the news of the assassination attempt on presidential candidate Donald Trump at a rally in Pennsylvania. Notably, America Coin (USA) and Super Trump (STRUMP) have soared by 204% and 43% respectively since the incident. America Coin (USA): +204% Super Trump (STRUMP): +43% The shooting incident, which occurred less than 36 hours ago, has significantly impacted market sentiment, leading to increased volatility and trading activity. 🔄 Trading Patterns and Liquidity Insights 🔄 Meme coins historically perform well during periods when BTC and ETH are rangebound near local highs, and poorly during wider market downturns. For example, Dogwifhat (WIF) experienced a 60% rise in May while BTC traded between $66,000 and $69,000. However, WIF lost 60% of its value in the subsequent 30 days as BTC fell by 21%. Do you hodl any meme coins? If yes, let me know which ones in the comments! Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more updates! #memecoin #bullorbear #wif #pepe #trump
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🚨 MT. GOX SHIFTS $9,000,000,000 IN BTC, MARKET BRACES FOR IMPACT 🚨 In a stunning move, Mt. Gox's cold wallet has transferred over 140,000 Bitcoin (BTC), worth nearly $9 billion, to multiple addresses, sparking widespread market concern. This significant activity follows a two-week hiatus and has led to fears of increased selling pressure in the crypto markets. 🔄 Key Transfers and Addresses 🔄 According to data from Arkham Intelligence, Mt. Gox’s main wallet still holds 138,985 BTC, worth approximately $8.7 billion. Within three hours on July 16, two major transactions moved almost 96,000 BTC (over $6 billion) to two unknown wallets, while an initial transfer of 44,527 BTC was sent to a known Mt. Gox cold wallet. Unknown Address "BHDct9b" received 42,587 BTC, valued at $2.69 billion. Unknown Address received 48,641 BTC, valued at $3.07 billion. Mt. Gox Cold Wallet (1Jbez) received 4641.24 BTC, valued at $293.94 million. These movements have resulted in over $12 billion worth of Bitcoin being shifted in just a few hours, causing significant market tremors. 📉 Market Reaction 📉 The BTC price, which had nearly reached $65,000 earlier on July 16, plummeted to lows of $63,000 shortly after the transactions were identified. This 3% drop in BTC was mirrored by more severe dips in altcoins such as Uniswap (UNI), Polkadot (DOT), and Bitcoin Cash (BCH), each experiencing over 5% declines. BTC Price Movement: $65,000 ➡ $63,000 (3% drop) Altcoins Affected: Uniswap (UNI): -5% Polkadot (DOT): -5% Bitcoin Cash (BCH): -5% Where will the BTC price go from here? Drop your opinion below and follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more! #mtgox #bitcoinprice #priceanalysis #markettrends #bitcoin $BTC $PEPE $SHIB
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🚀 RECORD $17.8 BILLION YTD IN DIGITAL ASSET INFLOWS 🚀 🌟 Bitcoin and Ethereum Drive Record Inflows 🌟 The digital asset market is experiencing unprecedented investor interest, with inflows reaching a record-breaking $17.8 billion year-to-date. This surge has surpassed the previous high of $10.6 billion in 2021, signaling a robust growth trajectory for cryptocurrencies. 📈 Bitcoin’s Remarkable Inflows 📈 Bitcoin, the leading cryptocurrency, witnessed its fifth-largest weekly inflow on record last week, totaling a staggering $1.5 billion. This influx reflects a significant shift in market sentiment, with investors capitalizing on Bitcoin's recent price dip. Conversely, short-Bitcoin products saw their largest weekly outflow since April 2024, amounting to $8.6 million. James Butterfill, head of research at CoinShares, attributed this trend to market conditions: “We believe price weakness due to the German Government Bitcoin sales and a turnaround in sentiment due to lower-than-expected CPI in the US prompted investors to add to positions.” 🔷 Ethereum’s Anticipated ETF Launch Fuels Inflows 🔷 Ethereum-related investment products also attracted considerable attention, recording $72 million in inflows last week. This marks Ethereum's largest inflow since March, bringing its year-to-date total to $57 million. The anticipation of Ethereum's spot exchange-traded funds (ETF) launch has significantly boosted investor confidence. 🌐 Broad-Based Crypto Inflows 🌐 Large-cap alternative digital currencies, including Solana, Chainlink, Avalanche, and XRP, collectively saw more than $8 million in inflows. This broad interest underscores the growing diversification within the digital asset market. Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more updates! #bitcoin #cryptonews #markettrends #memecoins #memecoin l$SOL $BTC $ETH
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🚨 DONALD TRUMP MEMECOIN SPIKES 52% FOLLOWING ASSASSINATION ATTEMPT 🚨 The price of the largest Donald Trump memecoin, MAGA (TRUMP), surged by over 30% following an assassination attempt on the former United States president while he was speaking on stage at a rally in Butler, Pennsylvania. 🔫 Details of the Incident 🔫 The Ethereum-based MAGA memecoin saw an immediate price spike from $6.31 to $10.36, with its market capitalization jumping from $293 million to $469 million in less than 45 minutes, according to DexScreener data. This surge in price came immediately after the news of the assassination attempt broke out. The incident occurred on July 13 during a rally when several shots were fired from an unknown direction. Trump clutched his ear as the shots rang out, dropping to the ground as US Secret Service agents rushed to protect him. Despite the chaos, Trump managed to raise his fist and shout towards the crowd while being escorted off the stage. 📈 Impact on Trump-Themed Memecoins 📈 The MAGA memecoin wasn’t the only one to benefit from the news. Several other Trump-themed memecoins experienced significant rallies: Tremp (TREMP): This Solana-based memecoin jumped more than 63% within the hour following the incident. MAGA Hat (MAGA): Another memecoin dubbed MAGA Hat spiked 21% in the same timeframe. These rallies highlight the speculative nature of memecoins and how external events, especially involving high-profile figures, can dramatically influence their market performance. Lesson: Don't snipe presidents, snipe quick market movements based off real-life events. Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more! #maga a #trump #donaldtrump #trumpshooting #memecoins $btc $eth $BNB
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