Binance Square
LIVE
LIVE
LONG BTC
--5.9k views
🚀Hey there, BTC enthusiasts! Let's take a quick detour and talk about Cardano (ADA) today. 🐳Whales (those holding between 100 million and 1 billion ADA) have been busy, adding a whopping 11% to their balances in the past month, according to ITB's latest findings. This group now holds 6.71% of the entire ADA supply, showing their significant influence within the Cardano ecosystem. 💪 Despite a lackluster month for the crypto market, ADA has seen a modest recovery, surging by nearly 6% in the past 24 hours to $0.456. Some experts are even predicting a potential rise to $7.80, mirroring its 2021 surge. 🚀 Rumors are also swirling about a potential listing of ADA on the US-based cryptocurrency exchange, Gemini. If true, this could trigger a significant price rally for the token. 🎉 However, it's not all sunshine and rainbows. 🌦️ User activity on the Cardano network has been on the decline since March, with daily transactions and active addresses both seeing significant drops. This raises concerns about the network's current usage and adoption rates. But hey, let's keep our fingers crossed and eyes on the prize! 🤞👀 Remember, we're all about BTC here, but it's always good to keep an eye on the broader crypto market. Stay tuned for more updates! 📈🚀

🚀Hey there, BTC enthusiasts! Let's take a quick detour and talk about Cardano (ADA) today. 🐳Whales (those holding between 100 million and 1 billion ADA) have been busy, adding a whopping 11% to their balances in the past month, according to ITB's latest findings. This group now holds 6.71% of the entire ADA supply, showing their significant influence within the Cardano ecosystem. 💪

Despite a lackluster month for the crypto market, ADA has seen a modest recovery, surging by nearly 6% in the past 24 hours to $0.456. Some experts are even predicting a potential rise to $7.80, mirroring its 2021 surge. 🚀

Rumors are also swirling about a potential listing of ADA on the US-based cryptocurrency exchange, Gemini. If true, this could trigger a significant price rally for the token. 🎉

However, it's not all sunshine and rainbows. 🌦️ User activity on the Cardano network has been on the decline since March, with daily transactions and active addresses both seeing significant drops. This raises concerns about the network's current usage and adoption rates. But hey, let's keep our fingers crossed and eyes on the prize! 🤞👀

Remember, we're all about BTC here, but it's always good to keep an eye on the broader crypto market. Stay tuned for more updates! 📈🚀

Отказ от отговорност: Включва мнения на трети страни. Това не е финансов съвет. Може да включва спонсорирано съдържание. Вижте Правилата и условията.
0
Разгледайте най-новите крипто новини
⚡️ Бъдете част от най-новите дискусии в криптовалутното пространство
💬 Взаимодействайте с любимите си създатели
👍 Насладете се на съдържание, което ви интересува
Имейл/телефонен номер
Съответен създател
LIVE
@Square-Creator-4d9133520

Разгледайте повече от Създателя на съдържание

--
🚀🚀Buckle up, Bitcoiners! Ondo Finance's ONDO token is on a tear, rocketing nearly 20% to an all-time high of $1.15 on May 24, 2024. 🎉🎉 This surge is largely credited to Coinbase adding ONDO to its perpetual market. 📈📈DefiLlama data reveals that this increase has catapulted ONDO's market cap beyond a whopping $1.6 billion. On May 21, Ondo Finance also hit a peak total value locked (TVL) of $453 million, its highest level ever. 🔍🔍IntoTheBlock data shows a 52.3% rise in large transaction volumes for ONDO, with all holders currently in the green. A significant 92% of these holders are large ones, with around 63% of investors holding their tokens for periods between one and twelve months. 📊📊Since mid-March, ONDO’s price oscillated between $0.97 and $0.69 but broke out on Friday. A 10% rally ended the consolidation, pushing ONDO to an initial record high of $1.05. Now in a price discovery phase, investors expect the bullish momentum to continue driving it upward. 🎯🎯The rally came amid the U.S. Securities and Exchange Commission (SEC) approving spot Ethereum exchange-traded funds (ETFs). Despite the controversial impact on the rest of the market, ONDO is among the top performers on a daily scale. 🚀🚀Since its launch earlier this year, ONDO has seen strong demand and has rallied over 1,300% from its all-time low. Another major catalyst behind the ONDO price rally could be related to Coinbase’s addition of the asset to its perpetual market. 🔮🔮Following the announcement, several market traders have issued bullish calls for ONDO. One emphasized that ONDO represents a potent “ETH beta” set for attention soon. Another predicts an upcoming surge in the “real-world-asset narrative,” highlighting ONDO’s noteworthy performance. 🎉🎉So, here's to ONDO's continued ascent! Keep your eyes on the prize, Bitcoiners! 🚀🚀
--
🚀🎉 Ethereum (ETH) is on a roll, folks! This week, it soared over 20%, coming close to the $4,000 mark. Why? Well, the crypto world was buzzing with hopes of a green light from the SEC for spot ETH ETFs. 🚦 However, when the approval became official, instead of a further price surge, we saw a wave of volatility sweep across the crypto sector, with ETH dipping into the red. 📉 Analysts are split on ETH's future. Some are forecasting a major price hike, while others are predicting short-term corrections. But key indicators suggest a potential rally might be on the horizon. 📈 CryptoYoddha, for instance, believes ETH doesn't care about ETF approvals. He predicts the asset's value could surpass $13K next year, aligning with the bull cycle's peak. 🐂 On the other hand, Ali Martinez is less optimistic. He sees a sell signal on ETH's daily chart and expects a short-term correction. 📉 Open interest, a key metric indicating the total number of unsettled derivative contracts, recently hit an all-time high. This suggests significant price swings could be coming. 🎢 Another factor to watch is ETH's exchange netflow, which has been negative recently. This shift from centralized platforms to self-custody methods is seen as bullish, as it reduces immediate selling pressure. 🐂 Finally, let's look at the Relative Strength Index (RSI) for ETH, which measures the speed and change of price movements. Currently, it's around 52, which is a comfortable middle ground. 📊 So, will we see a bull run or a major correction for ETH after the ETF approvals? Only time will tell! 🕰️🔮 But one thing's for sure - it's an exciting time to be a part of the crypto world! 🎉🚀
--
Карта на сайта
Cookie Preferences
Правила и условия на платформата