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📢 Pozor na krypto komunitu! LooksRare právě aktualizovali svou tokenomiku a zahájili vypalování tokenů $LOOKS!🔥 Nyní se 50 % poplatků z jejich nových iniciativ, jako je YOLO a Raffles, používá k nákupu #looks z trhu.📈 Strategický krok pro ekosystém! #cryptonewstoday #LooksRare

📢 Pozor na krypto komunitu!

LooksRare právě aktualizovali svou tokenomiku a zahájili vypalování tokenů $LOOKS!🔥

Nyní se 50 % poplatků z jejich nových iniciativ, jako je YOLO a Raffles, používá k nákupu #looks z trhu.📈

Strategický krok pro ekosystém!

#cryptonewstoday #LooksRare

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SHIB Burn Transactions Continue: Here is the Last Burned Amount 🔥 Shiba Inu, one of the most famous meme coins, saw a significant outflow in one day as its value increased by 20% compared to yesterday. The token is trading at $0.00002767, with a market cap of $16.29 billion after a 19% increase. For this increase, the credit stands out for the latest SHIB Burn, which pushes total supply down a large percentage. The Shiba Inu burn will eventually lead to increased demand for the token. Because in 24 hours, the transaction volume increased by more than 116%, pushing the value to $1.18 billion. Highlights of April Shiba Inu Burn The SHIB burn rate increased by 172%, causing a price increase in SHIB tokens. Here, the Shiba Inu burn has removed 392,376,654 SHIB tokens in 18 transactions in just the last 24 hours. In total, there were 449,360,571 SHIB tokens burns in seven days. Shiba Inu's new total supply rose to 589,273,998,518,000 SHIB after an attempt to create famine and increased demand for this memecoin. This SHIB Combustion spring has been going on for days, where the maximum number of tokens was burned on April 14, with the elimination of 650 million SHIB tokens. SHIB burn has become an important event for this cryptocurrency. This is because, unlike other cryptocurrencies, SHIB supply does not decrease with the mining or staking process. By February 2024, Shiba Inu had already burned more than 41% of the total supply. The current Shiba Inu burn has already eased the higher percentage. $SHIB #burn #shiba #SHIB #BullorBear
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Bitcoin Halving Successfully Completed: What's Next for the Price? The much-anticipated Bitcoin Halving event was finally completed on April 19 and April 20. It caused a scheduled reduction in the generation rate of new BTCs. The half-ling event, which takes place every four years, halves the mining rewards. The adjustment was verified with data from analytics platforms such as mempool.space and Blockchain.com. During the Bitcoin Halving, the price remained relatively stable and hovered close to the $64,000 mark after the halving. It seems that the Bitcoin halving event will not have an immediate impact on the price of BTC. However, strong support can be expected by the next 12 months and 2025. The current optimism surrounding Bitcoin's short-term expectations could cause a pause in interest rate cuts from the Federal Reserve. In addition, the Middle East crisis, which coincides with the same period as Bitcoin Halving, will be a factor. Bitcoin, including indicators suggesting increasing tensions, may face challenges due to broader macroeconomic factors. While the halving event is likely to have a greater impact on Bitcoin mining firms rather than directly affect the cryptocurrency's price, it is expected to significantly impact their revenues. $BTC #bitcoinhalving #bitcoin #BTC
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Chainlink (LINK) Price Analysis and Market Fluctuations Recently, fluctuations in the cryptocurrency market have had significant effects, especially on altcoins such as Chainlink (LINK). LINK's price has tested the $12.00 support level in recent days and is currently in a recovery process above resistance levels between $13.50 and $15.00. Recovery Symptoms and Resistance Points The LINK/USD pair shows a downtrend line at the $13.50 level. This level is considered an important resistance point. If LINK can cross this level, it could make a significant rise towards the $15.00 resistance zone. Technical indicators paint a negative picture for LINK. In particular, the 4-hour MACD and RSI indicators remain in the bearish zone, stating that the sales pressure has increased and the momentum is downward. The $13.50 and $15.00 resistance levels are critical to LINK's price. In the event of a potential decline, support levels of $12.80 and $12.00 should be monitored. Technical indicators (MACD and RSI) indicate increased selling pressure under current market conditions. As a result, fluctuations in the price of Chainlink (LINK) continue to influence investors' decisions. Resistance and support levels stand out as important points for investment strategies. The current uncertainty in the market requires investors to act more cautiously. DYOR $LINK #LINKPrice #priceanalysis #chainlink
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🪙 Altcoins That Can Rise Most Quickly When BTC Returns ♻️
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Why Bitcoin Price Fell Suddenly ⬇️ The pre-halving correction in Bitcoin price coupled with macro and geopolitical factors pulls down BTC price, with no major buying from whales and large investors. Coinglass data shows more than $330 million were liquidated across the crypto market amid this strong correction. Of these, $260 million long positions were liquidated and nearly $70 million short positions were liquidated on Tuesday. Bollinger bands (blue) indicator reveals BTC price is in a downside trend, failing to break above the 20-simple moving average (orange). Ichimoku Cloud shows price continue to move under support and the selling pressure is rising as trend reversed, with the cloud widening. Popular analyst Michael van de Poppe predicts a $55K level is likely as BTC price holds up on support after a lower timeframe rejection. However, he believes Bitcoin will hold near current levels and start a slow upward momentum. The bearish divergence stays valid as consolidation for the post-halving rally builds up. The global macroeconomic events caused US dollar index (DXY) to climb above 106.23, continuing to rise higher. Whereas, the US 10-year Treasury yield jumped to a high of 4.663% today on open. As Bitcoin moves opposite to DXY and Treasury yields, a rise in both DXY and 10-yr treasury yield has caused a sudden fall in Bitcoin price below $62k, triggering a crypto market selloff. $BTC #BullorBear #bitcoinhalving #BTC
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