$BTC Bullish flag formation on the daily timeframe chart.

A #BTC CME gap exists between the 58.9k-62.9k Range.

Currently, Bitcoin is at the bottom of the flag, and a bounce back from here could fill the gap and test the 69k Resistance in the coming days.

Credits to Captain Faibik

#BinanceTurns7

What happened in Crypto in the last 12h:

• The odds of a 50 bps rate cut by September have increased to 73.5%. Some are calling for an "emergency rate cut" before the meeting, but rate cuts in between Fed meetings are very rare.

• The estimated "real number" liquidated from the crypto market in the past 24 hours is between $7-9 billion, making it the largest liquidation event since May 19, 2021. (Exchanges do not real full liquidation data)

• Japan's Nikkei 225 surged over 10% at the open, rebounding after its largest 2-day drop in history.

• Regarding US data, the focus is now on the job market. Initial jobless claims to be released this Thursday, although not typically market-moving, could influence market sentiment.

• Bitcoin and Ethereum ETFs saw a massive $6 billion in trading volume during the August 5 market dip.

• Spot ETH ETF inflows were positive for the day (>+$1.7M). Today marked the lowest Grayscale $ETHE outflow day, continuing the downtrend from the past few days.

• Vitalik Buterin recently shared an optimistic outlook on interoperability projects. This ties into improving user experience, and $ZRO is seen as a first mover in this sector.

• An OpenAI spokesperson stated that there are no plans to announce ChatGPT-5 at the DevDay scheduled for October. $WLD

[Note to self] With the vast majority of crypto buyers currently at a loss, observing whether ETF investors sell into this pullback or buy more will serve as an indicator of short-term market direction.

Credits to LayerGG
#BTCMarketPanic #RecessionOrDip? #BinanceTurns7 $BTC

🚨What happened in Crypto in the last 12h?🚨
- $XRP SEC closed-door Meeting
- $ENA Bybit USDe 20% APR
- $JASMY GPU Marketplace
- $INJ Altaris Mainnet Upgrade
- $LISTA Binance Launchpool (slisBNB)
- $SMT 34% of all Token burn
- $ZRO x Animoca brands
👇
• Ethereum might experience its first net inflow day, as Grayscale $ETHE outflows have halved since yesterday.

• $EGLD - MultiversX plans to release xExchange V3. Public testing will occur from August 5-7, with the official launch shortly after test.

• $ENA - Ethena Labs announced that users can use USDe as collateral on Bybit. Starting Aug 2, Bybit users can earn up to 20% interest annually by holding USDe or using it as collateral for trading.

• $INJ - Injective announced the Altaris Mainnet Upgrade is scheduled for this week.

• $JASMY - According to @misscryptojapan, Jasmy's CEO has teased that a demo is ready for a marketplace offering GPUs in a decentralized manner.

• $JTO - Jito Foundation has announced the mainnet launch of the StakeNet Steward Program.

• $LISTA - Binance Launchpool will support for DeFi BNB Assets (slisBNB). Megadrop and HODLer Airdrops will also support DeFi BNB Assets soon.

• $SMT - Swarm Markets will burn 81.2M (34% of all) $SMT tokens on July 31 at 08:00 UTC.

• $XRP - SEC has scheduled a closed-door Sunshine Act meeting Aug 1. Ripple community speculates it might discuss settling the Ripple lawsuit.

• $ZRO - Animoca Brands and LayerZero Labs has announced strategic partnership positioning LayerZero as default interoperability solution for Animoca Brands’ ecosystem.

Credits to Layer GG
#BinanceTurns7 #eth #btc

#BTC vs #ETH (post-ETF period)
As you can see from the charts, Bitcoin and Ethereum look literally identical in the period of ETF approval.

Right after the approval on $BTC , we saw a small decline that was followed by a massive growth from $40,000 to $70,000!

At the moment $ETH perfectly follows the path - there is a small dump, but after that hoping to see a BIG growth up to $5000 and higher!

Credits to Klondike

#BinanceTurns7 #ETH_ETFs_Trading_Today

$BTC BRIEF UPDATE

Bitcoin makes a third attempt to break this massive bullish flag upwards. We are loaded on spot, no leveraged positions at the moment.

Breakout of the flag would be super bullish, namely breakout of the $71,000 resistance. I also hope to see this breakout to happen on a strong impulse.

Bulls finally need to show the power, Q3 in play.
#BinanceTurns7 #BTC #BITCOIN

Credits to Klondike

ALPHA WATCHLIST - POTENTIAL PRICE TRIGGERS THIS WEEK

Token Unlocks:
[July 30] 2.41% of $TORN supply - $227K
[July 31] 1.75% of $PRIME supply - $5.7M
[July 31] 2.79% of $OP supply - $53.6M
[July 31] 0.5% of $MANTA supply - $1.82M
[Aug 1] 3.65% of $DYDX supply - $10.7M
[Aug 1] 2.56% of $SUI supply - $49.1M
[Aug 1] 18.92% of $ZETA supply - $32.9M
[Aug 2] 3.52% of $GAL supply - $12.6M
[Aug 3] 33.33% of $W supply - $174.1M
[Aug 4] 0.87% of $ENA supply - $6.75M
[Aug 5] 14.25% of $MODE supply - $4.32M

Macro Events:

[Jul-Aug] Kamala Harris may respond to Trump speech at B24
[July 30] European GDP Growth rate YoY
[July 31] Federal Reserve Interest Rate decision
[July 31] Press Conf with Fed chair Jerome Powell
[July 31] European Inflation rate YoY
[Aug 1] US Initial Jobless Claims
[Aug 1] Bank of England Interest Rate decision
[Aug 1] European Unemployment rate
[Aug 2] US Unemployment rate
Crypto Events:
[Jul-Aug] Second week of trading for spot $ETH ETFs in the US
[July 29] Announcement expected re Bitget Wallet and $TON
[July 30] $BOBA undergoes Fjord Hardfork
[July 30] $DESO to launch ‘Focus’ app
[July 31] $EOS undergoes hardfork
[July 31] 257,000 $ACA tokens to be burnt
[Aug 5] PancakeSwap’s $ZK airdrop ends
[Aug 6] Asia Blockchain Summit begins

#Bitcoin_Coneference_2024 #BinanceTurns7 #ETH_ETFs_Trading_Today

TOTAL 3 UPDATE
(Altcoin Market Capitalization Excluding $BTC and $ETH
Looking very bullish. There is a Bullish Flag above the $530B support level. If we take a closer look, we will see that the chart has formed a 1-5 Elliott Wave and now ready to BREAK THROUGH the flag.

The first resistance is previous ATH — $1.1T. Then we can freely fly upwards to the $2T capitalization.

Looking forward to a Massive Altcoin Season to appear in the of end-September — mid October of 2024.#BinanceTurns7 #ETH_ETFs_Trading_Today

🚨 TRADING SIGNAL 🚨

$INJ SPOT
BUY BETWEEN: 23-25.50
TARGETS: 28-32-37-45
STOPLOSS: 20

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#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceTurns7

BREAKING: @BlackRock SPOT $ETH ETF $ETHA IS NOW TRADING IN PRE-MARKET

Hash Ribbon BUY signals is about to appear!
As you know, Hash Ribbons signals work with an accuracy or 95%! Shortly speaking, firstly it gives Capitulation signal, then BUY one.$BTC
#ETH_ETF_Approval_23July #BinanceTurns7 #BinanceTournament

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$BTC $ETH $BNB

🚨BREAKING🚨: @binance RECEIVES COURT APPROVAL TO INVEST CUSTOMER FIAT FUNDS IN U.S. TREASURY BILLS$BNB

Got some#BANANA #BinanceHODLerBANANA

🚨 TRADING SIGNAL 🚨

$INJ SPOT

BUY BETWEEN 23-26

TARGETS 29-33–38-46

STOPLOSS 20

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🚨 TRADING SIGNAL 🚨
$TAO SPOT
BUY BETWEEN 300-318

TARGETS 333-360-400-480

STOPLOSS 260

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🚨What happened in Crypto in the last 12h?🚨
- $MKR NewGovToken
- $WLD Extension of the lock-up
- $ZRO GSR Market buy
- $ASTR New brand
- $ATH Buyback planned
- $RARE Layer 2
- $FTT CFTC settlement
- $SWEAT $AMB $NGL Tokenomics
👇
MakerDAO has unveiled NewGovToken Activation Feature. NewGovToken is obtained by upgrading MKR 1:24,000 following Endgame launch, coming very soon. $NGT activators will earn $SPK rewards.
• $AMB - AirDAO has proposed a new profit utilization and token burning strategy. Voting starts on July 17.
• $ASTR - Astar CEO Sota Watanabe has teased that the new brand of StartaleHQ will be revealed tomorrow, prior to Astar Evolution Phase 1.
• $ATH - Aethir reported $36M in revenue over the past year. The mainnet launch is planned for Q4 2024, with revenue used for $ATH buyback.
• $FTT - FTX and CFTC agree to $12.7 billion settlement, subject to court approval.
• $NGL - Entangle has announced a significant reduction in $NGL token emissions and the burning of 25% of team tokens.
• $RARE - SuperRare has proposed an Ethereum Layer 2 blockchain for the onchain art market, with a RARE token holder vote planned for late July.
• $SWEAT - Sweat Economy's DAO proposal to reduce $SWEAT minting by 30% has been accepted.
• $WLD - Worldcoin has extended the lock-up period for 80% of its investors' and team members' $WLD tokens from three to five years.
• $ZRO - GSR Market's token holdings have increased from $9.53M to $14.53M.
• Kraken Exchange to Distribute $BTC and $BCH to Mt. Gox Creditors Within 7-14 Days.
* * *
GSR Wallet - 0x11b37cA2e0ca7014653Bd0923b0A289Cc2c29616)

CREDITS TO LAYERGG FOR THIS UPDATE$BTC $ETH $BNB

Anyone interested in signals just visit my telegram channel. 👉@qcctrader 👈#BinanceTurns7 $BTC
👇🏽👇🏽👇🏽
@qcctrader

I miss @CZ 🥲
This is one of the most memorable experience with @CZ and @Binance

My first exchange and the first crypto that I love the most$BNB

#BinanceTurns7

🚨What happened in Crypto in the last 12h?🚨
- Coinbase $CORE $ALT $LDO $PENDLE
- $SOL First Solana ETF
- $ENS ENSv2 roadmap
- $FTM 200M Innovator Fund
- $ZENT Ragnarok
- $AZERO EVM Testnet
- $REEF First product launch
- $ADX Big announcement
👇
• The German government has begun selling 50K seized Bitcoin, with around 3K BTC already sold.
• June 21 is Quadruple Witching Day. The last one was March 15, when risky assets dropped.
• Coinbase will list $CORE today and perpetual futures for $ALT, $LDO, and $PENDLE on June 27.
• $ADX - AdEx has teased that a major, long-awaited news drop on June 24.
• $AZERO - Aleph Zero has announced the launch of the Aleph Zero EVM Testnet. The MVP of zkOS privacy features will roll out in Q3 2024.
• $CELO - Celo has started the countdown for the L2 testnet launch, scheduled for this summer.
• $ENS - ENS has announced the roadmap for the ENSv2 (ENS to Layer 2).

• $FTM - Fantom has announced the Sonic Labs Innovator Fund, committing up to 200M FTM.
• $REEF - Reef has planned their first product launch of the year on June 27.
• $SOL - 3iQ filed to launch the first Solana ETF in Canada and North America.
• $ZENT - Zentry has announced the launch of Maxion, a Web3 game-publishing division, bringing Ragnarok and other titles on-chain.
• @ASI_Alliance has updated the ASI token merger. AGIX and OCEAN tokens temporarily migrate to FET on July 1. In Phase 2, exchanges begin migrating spot markets from FET to ASI.
* * *
Credits to LayerGG for this