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Indian crypto exchange Giottus has estimated that the FTX collapse fall has impacted nearly 5 Lakh Indians. “The FTX crash has hit many people. We estimate that 3-5 Lakh Indians would have had exposure to the exchange and its token FTT. #Binance #ftx #collapse #indian #investor
Indian crypto exchange Giottus has estimated that the FTX collapse fall has impacted nearly 5 Lakh Indians.

“The FTX crash has hit many people. We estimate that 3-5 Lakh Indians would have had exposure to the exchange and its token FTT.
#Binance #ftx #collapse #indian #investor
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#Bitcoin finds itself at a crossroads this week, wedged between contradictory monetary policies and wavering #investor sentiment.
#Bitcoin finds itself at a crossroads this week, wedged between contradictory monetary policies and wavering #investor sentiment.
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#Stablecoins worth $16 million have been placed into #Binance by an unidentified #investor with a track record of smart deals, maybe in order to buy more crypto assets. The whale was first identified by blockchain-tracking company Lookonchain, and it has already completed three extremely successful trades, including selling #Ethereum (ETH) at a local high, exchanging USDC for ETH before it lost its dollar peg, and withdrawing all of its funds from cryptocurrency exchange #FTX just before the bankrupt centralised platform stopped allowing user withdrawals.
#Stablecoins worth $16 million have been placed into #Binance by an unidentified #investor with a track record of smart deals, maybe in order to buy more crypto assets.

The whale was first identified by blockchain-tracking company Lookonchain, and it has already completed three extremely successful trades, including selling #Ethereum (ETH) at a local high, exchanging USDC for ETH before it lost its dollar peg, and withdrawing all of its funds from cryptocurrency exchange #FTX just before the bankrupt centralised platform stopped allowing user withdrawals.
In last 24h #SXPUSDT give you 32.73% return. Solar coin based on a safe and secure layer-1 blockchain framework. If you are a long term #investor then try to be focus on future crypto.
In last 24h #SXPUSDT give you 32.73% return.

Solar coin based on a safe and secure layer-1 blockchain framework.

If you are a long term #investor then try to be focus on future crypto.
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📈 Bitcoin’s net unrealized profit/loss, indicating #investor profit ratio, has jumped above 0.5 for the first time since December 2021! 💰 This suggests most $BTC investments are now in #profit - making selling pressure at current highs more likely. #Bitcoin #Bitcoininvestment
📈 Bitcoin’s net unrealized profit/loss, indicating #investor profit ratio, has jumped above 0.5 for the first time since December 2021!

💰 This suggests most $BTC investments are now in #profit - making selling pressure at current highs more likely.

#Bitcoin #Bitcoininvestment
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After experiencing severe sell pressure brought on by the #SEC's charges, Cardano's ADA is beginning to show signs of recovery. #Cardano, which had been one of the worst performances among the top ten tokens in reaction to #regulatory scrutiny, has seen a stunning rise in price over the past week, igniting #investor excitement for a potential summer bull run. We are happy to share our bi-weekly DailyCoin Regular on Cardano, written by our expert Insha Zia, to give you insights into these fascinating developments.
After experiencing severe sell pressure brought on by the #SEC's charges, Cardano's ADA is beginning to show signs of recovery. #Cardano, which had been one of the worst performances among the top ten tokens in reaction to #regulatory scrutiny, has seen a stunning rise in price over the past week, igniting #investor excitement for a potential summer bull run.

We are happy to share our bi-weekly DailyCoin Regular on Cardano, written by our expert Insha Zia, to give you insights into these fascinating developments.
Who are the institutional and qualified investors?An institutional #investor is a legal entity that holds private #money and invests it in securities, real estate, precious metals and other assets, including #cryptocurrencies. An institution can be a bank, pension fund, insurance company or investment fund. Private investors entrust their funds to institutions because they provide professional management and have access to a broader segment of financial instruments. A qualified investor is a status assigned to an individual or a legal entity and gives the right to carry out financial transactions with assets that are not available to unqualified investors. Different countries set their own requirements for obtaining this status, such as certain experience in the financial sector, passing special examinations, a minimum amount of funds under management, etc.

Who are the institutional and qualified investors?

An institutional #investor is a legal entity that holds private #money and invests it in securities, real estate, precious metals and other assets, including #cryptocurrencies.

An institution can be a bank, pension fund, insurance company or investment fund. Private investors entrust their funds to institutions because they provide professional management and have access to a broader segment of financial instruments.

A qualified investor is a status assigned to an individual or a legal entity and gives the right to carry out financial transactions with assets that are not available to unqualified investors.

Different countries set their own requirements for obtaining this status, such as certain experience in the financial sector, passing special examinations, a minimum amount of funds under management, etc.
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#Write2Earn Shocking Bitcoin Move Nets Investor $13.5M in Just Days A cryptocurrency #investor netted $13.5 million in just four days, capitalizing on Bitcoin's price volatility Strategic investment or timely luck? Market optimistic amid skepticism A cryptocurrency investor managed to net approximately $13.5 million in profits within a mere four days through strategic Bitcoin transactions.  According to Lookonchain, a blockchain analytics platform, the investor initially withdrew 2,742 Bitcoins valued at $118.66 million from Binance, a leading cryptocurrency exchange, when the price of Bitcoin was $43,277.  Following a significant price increase, the investor then redeposited the same amount of Bitcoin, now valued at $132 million, back into Binance at a price of $48,193 per Bitcoin. Strategic investment or timely luck? This lucrative maneuver came just before Bitcoin's price witnessed a slight increase, solidifying at $48,250.37, according to the latest latest market data.  The timing of the transactions suggests a well-calculated strategy, leveraging the volatility of the cryptocurrency market to the investor's advantage.  However, some observers question whether the investor could have achieved even higher returns had they waited longer, especially considering the current market trends and the potential for Bitcoin's price to climb further. Market #Optimistic amid skepticism Despite the skepticism that often surrounds the #cryptocurrencymarket , analysts like Ali (@ali_charts ) emphasize that Bitcoin has maintained robust support levels.  Such support levels, they argue, could outweigh resistance in the market, potentially paving the way for Bitcoin's price to soar to higher resistance levels around $57,000. #TrendingTopic $BTC
#Write2Earn Shocking Bitcoin Move Nets Investor $13.5M in Just Days

A cryptocurrency #investor netted $13.5 million in just four days, capitalizing on Bitcoin's price volatility

Strategic investment or timely luck?

Market optimistic amid skepticism

A cryptocurrency investor managed to net approximately $13.5 million in profits within a mere four days through strategic Bitcoin transactions. 

According to Lookonchain, a blockchain analytics platform, the investor initially withdrew 2,742 Bitcoins valued at $118.66 million from Binance, a leading cryptocurrency exchange, when the price of Bitcoin was $43,277. 

Following a significant price increase, the investor then redeposited the same amount of Bitcoin, now valued at $132 million, back into Binance at a price of $48,193 per Bitcoin.

Strategic investment or timely luck?

This lucrative maneuver came just before Bitcoin's price witnessed a slight increase, solidifying at $48,250.37, according to the latest latest market data. 

The timing of the transactions suggests a well-calculated strategy, leveraging the volatility of the cryptocurrency market to the investor's advantage. 

However, some observers question whether the investor could have achieved even higher returns had they waited longer, especially considering the current market trends and the potential for Bitcoin's price to climb further.

Market #Optimistic amid skepticism

Despite the skepticism that often surrounds the #cryptocurrencymarket , analysts like Ali (@ali_charts ) emphasize that Bitcoin has maintained robust support levels. 

Such support levels, they argue, could outweigh resistance in the market, potentially paving the way for Bitcoin's price to soar to higher resistance levels around $57,000. #TrendingTopic $BTC
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📈 $BTC long-short ratio surge to 2.86 on #Binance Futures signals strong #investor confidence. 🚀 Despite a slight #Bitcoin price dip, the rise from last week's 0.86 shows growing optimism, especially after the approval of multiple #BitcoinETFs
📈 $BTC long-short ratio surge to 2.86 on #Binance Futures signals strong #investor confidence.

🚀 Despite a slight #Bitcoin price dip, the rise from last week's 0.86 shows growing optimism, especially after the approval of multiple #BitcoinETFs
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- A "smart whale" #crypto investor has spent 3,915 ETH (about $7.15 million) on RLB, #UNIBOT and BITCOIN. - In just 25 days, the #investor has gained significantly from these investments. - They earned a 42% return ($1.11 million) on RLB, a 58% return ($1.46 million) on UNIBOT, and an 87% #return ($1.79 million) on BITCOIN. - The total #profit for this investor within this short period is an impressive $4.36 million. - The data comes from Lookonchain, highlighting the success of this strategic investor. $BNB $ETH $PEPE
- A "smart whale" #crypto investor has spent 3,915 ETH (about $7.15 million) on RLB, #UNIBOT and BITCOIN.

- In just 25 days, the #investor has gained significantly from these investments.

- They earned a 42% return ($1.11 million) on RLB, a 58% return ($1.46 million) on UNIBOT, and an 87% #return ($1.79 million) on BITCOIN.

- The total #profit for this investor within this short period is an impressive $4.36 million.

- The data comes from Lookonchain, highlighting the success of this strategic investor.

$BNB $ETH $PEPE
Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Cardano (ADA) Funds See Fresh Inflows#sol According to the latest financial report by CoinShares, the cryptocurrency market has experienced a significant influx of funds across various digital assets. Bitcoin (#BTC ) remains the top gainer, with a reported weekly flow of $87.6 million, contributing to a year-to-date (YTD) increase of $1.8 billion, per data available up to Dec. 23.Ethereum ($ETH ), Solana ($SOL ) and Cardano ($ADA ) also reported positive inflows. This indicates a continued interest in a diversified range of cryptocurrencies beyond the leading digital currency.Top cryptocurrencies by inflowBitcoin, the pioneering cryptocurrency, leads the charge with impressive inflows that overshadow its counterparts. The digital asset's performance is a significant contributor to the total weekly inflow of $102.7 million into cryptocurrency funds. Ethereum trails with a weekly inflow of $7.9 million, while Solana and Cardano follow suit, registering inflows of $6.0 million and $1.0 million, respectively.Among the providers, Grayscale #investments LLC maintained a steady position with no new inflows or outflows, while CoinShares XBT saw a decrease in weekly flows by $9.8 million. However, 21Shares AG and Purpose Investments Inc ETF showed robust growth, with 21Shares leading the monthly inflow with $34.4 million.Leading countries by inflowsIn terms of geographical distribution, Canada emerged as the frontrunner with a weekly inflow of $25.8 million into crypto funds, contributing to a significant YTD growth of $494 million. Germany and the United States also showed strong performance with weekly inflows of $41.6 million and $20.4 million, respectively. Notably, Sweden experienced a downturn with a weekly outflow of $8.7 million. The flow of funds across these countries underscores the global nature of the cryptocurrency market and reflects varying #investor sentiment in different regions.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. #NEAR @wisegbevecryptonews9

Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Cardano (ADA) Funds See Fresh Inflows

#sol According to the latest financial report by CoinShares, the cryptocurrency market has experienced a significant influx of funds across various digital assets. Bitcoin (#BTC ) remains the top gainer, with a reported weekly flow of $87.6 million, contributing to a year-to-date (YTD) increase of $1.8 billion, per data available up to Dec. 23.Ethereum ($ETH ), Solana ($SOL ) and Cardano ($ADA ) also reported positive inflows. This indicates a continued interest in a diversified range of cryptocurrencies beyond the leading digital currency.Top cryptocurrencies by inflowBitcoin, the pioneering cryptocurrency, leads the charge with impressive inflows that overshadow its counterparts. The digital asset's performance is a significant contributor to the total weekly inflow of $102.7 million into cryptocurrency funds. Ethereum trails with a weekly inflow of $7.9 million, while Solana and Cardano follow suit, registering inflows of $6.0 million and $1.0 million, respectively.Among the providers, Grayscale #investments LLC maintained a steady position with no new inflows or outflows, while CoinShares XBT saw a decrease in weekly flows by $9.8 million. However, 21Shares AG and Purpose Investments Inc ETF showed robust growth, with 21Shares leading the monthly inflow with $34.4 million.Leading countries by inflowsIn terms of geographical distribution, Canada emerged as the frontrunner with a weekly inflow of $25.8 million into crypto funds, contributing to a significant YTD growth of $494 million. Germany and the United States also showed strong performance with weekly inflows of $41.6 million and $20.4 million, respectively. Notably, Sweden experienced a downturn with a weekly outflow of $8.7 million. The flow of funds across these countries underscores the global nature of the cryptocurrency market and reflects varying #investor sentiment in different regions.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. #NEAR @WISE CRYPTO NEWS
- #bitcoin market currently shows extreme apathy and exhaustion, with historically low volatility and on-chain indicators hitting all-time lows. - Digital asset #market trading in $29k-$30k range, displaying top-heavy nature with Short-Term Holder supply and cost basis concentrated around current spot price. - Realized Cap metric indicates around $16B (+4.1%) flowed into Bitcoin Year-to-Date (YTD), suggesting a modest pace compared to previous uptrend. - Short-Term Holder cohort's wealth increased by $22B, while Long-Term Holder cohort saw near-equivalent decrease of -$21B this year. - Price volatility for BTC at historical lows causing changes in #investor spending behavior. - Bitcoin supply categorized into Hot, Warm, and Single-Cycle Long-Term Holder supplies, each with different holding conviction and trading behavior. - Bitcoin market likely to remain slow, choppy, and sideways due to apathy, exhaustion, and underwater investments of many holders. - A significant crypto holder ("whale") sold 1.07 trillion PEPE tokens worth around $1.33 million. - The sale occurred five hours ago, resulting in a loss of approximately $62,000. - The whale initially bought the #PEPE tokens for 750 #ETH (about $1.39 million) six days ago. - The tokens were sold for 250 ETH (around $457,000) and 876,000 USDC. - The whale also acquired 11.26 million TOSHI tokens on the Base chain with a 294 ETH investment (about $53.8 thousand). $PEPE $SHIB $BTC
- #bitcoin market currently shows extreme apathy and exhaustion, with historically low volatility and on-chain indicators hitting all-time lows.

- Digital asset #market trading in $29k-$30k range, displaying top-heavy nature with Short-Term Holder supply and cost basis concentrated around current spot price.

- Realized Cap metric indicates around $16B (+4.1%) flowed into Bitcoin Year-to-Date (YTD), suggesting a modest pace compared to previous uptrend.

- Short-Term Holder cohort's wealth increased by $22B, while Long-Term Holder cohort saw near-equivalent decrease of -$21B this year.

- Price volatility for BTC at historical lows causing changes in #investor spending behavior.

- Bitcoin supply categorized into Hot, Warm, and Single-Cycle Long-Term Holder supplies, each with different holding conviction and trading behavior.

- Bitcoin market likely to remain slow, choppy, and sideways due to apathy, exhaustion, and underwater investments of many holders.

- A significant crypto holder ("whale") sold 1.07 trillion PEPE tokens worth around $1.33 million.

- The sale occurred five hours ago, resulting in a loss of approximately $62,000.

- The whale initially bought the #PEPE tokens for 750 #ETH (about $1.39 million) six days ago.

- The tokens were sold for 250 ETH (around $457,000) and 876,000 USDC.

- The whale also acquired 11.26 million TOSHI tokens on the Base chain with a 294 ETH investment (about $53.8 thousand).

$PEPE $SHIB $BTC
Has The #BullRun Started? 🤔 $BTC s recent 10% decrease aligns with established historical bullish trends. The cryptocurrency is currently experiencing a decline of about 10% from its YTD peak of approximately $45,000. As #investor confidence grows, leverage tends to increase, leading to more liquidations. The recent 10% decline in #Bitcoin's value coincided with the largest long liquidation observed in the past three months #BullishIndicators #trends
Has The #BullRun Started? 🤔

$BTC s recent 10% decrease aligns with established historical bullish trends. The cryptocurrency is currently experiencing a decline of about 10% from its YTD peak of approximately $45,000.

As #investor confidence grows, leverage tends to increase, leading to more liquidations. The recent 10% decline in #Bitcoin's value coincided with the largest long liquidation observed in the past three months

#BullishIndicators #trends
THIS IS WHY MOST OF NEW CRYPTO #INVESTORS FAIL: DO THESE TO BE SUCCESSFUL As a new #investor in the #crypto industry, you don't need to continue investing in where may not be #profitable for you. If you want to make money with crypto then you should do these three things: 1. Don't wait for new crypto to come to exchange before you can invest. Better get the early access to it before it is listed in popular exchanges. 2. Do your own research as well as possible on any crypto to understand it utilities and abilities to stay 3. Alway invest what you can afford to lose. Investing in new projects is a game of risk, you don't have to invest what you can't afford to lose. If you are not risking it, you are are risking more!
THIS IS WHY MOST OF NEW CRYPTO #INVESTORS FAIL: DO THESE TO BE SUCCESSFUL

As a new #investor in the #crypto industry, you don't need to continue investing in where may not be #profitable for you.

If you want to make money with crypto then you should do these three things:

1. Don't wait for new crypto to come to exchange before you can invest. Better get the early access to it before it is listed in popular exchanges.

2. Do your own research as well as possible on any crypto to understand it utilities and abilities to stay

3. Alway invest what you can afford to lose. Investing in new projects is a game of risk, you don't have to invest what you can't afford to lose.

If you are not risking it, you are are risking more!
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$XRP , $BTC : This Historical Trend Might Flip Things for Traders The crypto market is currently engaged in lackluster trading action due to a drop in #cryptocurrency trading activity. The total monthly volume of spot and derivatives trading fell 11.5% to $2.09 trillion in August, the second-lowest since October 2020, indicating dwindling #investor appetite. Adding more to this negative outlook is the fact that September often presents itself as a "red month" for cryptocurrencies such as #XRP and #BTC . As reported, XRP is facing the "Red September" conundrum, with the ninth month frequently ending in losses. Since 2013, XRP has only had four positive Septembers, with the remaining six being negative.
$XRP , $BTC : This Historical Trend Might Flip Things for Traders

The crypto market is currently engaged in lackluster trading action due to a drop in #cryptocurrency trading activity. The total monthly volume of spot and derivatives trading fell 11.5% to $2.09 trillion in August, the second-lowest since October 2020, indicating dwindling #investor appetite.

Adding more to this negative outlook is the fact that September often presents itself as a "red month" for cryptocurrencies such as #XRP and #BTC . As reported, XRP is facing the "Red September" conundrum, with the ninth month frequently ending in losses. Since 2013, XRP has only had four positive Septembers, with the remaining six being negative.
lBitcoin at Crossroads: Analyst Eyes $43k Level for Price Direction  #sol With Bitcoin's future tied to $43k support, a drop may lead to $37k, yet regulatory shifts and global acceptance suggest $50k by Jan 2024.According to crypto analyst Ali Charts, Bitcoin’s next move is tied closely to its ability to maintain the $43k support level. A dip below this critical threshold could see the cryptocurrency sliding to $37,000. Conversely, holding above this mark may set the stage for an upward trajectory towards $47,360.Bitcoin Price AnalysisAs per the latest data from Coingape, Bitcoin trades at $43,780, a 0.15% dip from the intra-day high. However, it has seen a 3.40% increase in value over the past week. The trading volume exceeding $13 billion signifies a high level of market activity and investor interest despite the 36% dip in the last day. These figures highlight the delicate balance Bitcoin holds, teetering between potential gains and losses.BTC/USD price chartThe Impact of Regulatory Changes and PredictionsAdding complexity to Ali’s analysis is the potential approval of spot #BitcoinETFs in the U.S. Such a development could significantly boost Bitcoin and the broader crypto market. Matrixport, with a notable record in crypto forecasting, has made a bold prediction in this context. They foresee Bitcoin hitting $50,000 by January 2024, a forecast backed by their successful track record, including a prescient call in December 2022 when Bitcoin was valued at $17,000.Global Shifts in Crypto AcceptanceThe global landscape is also changing in favor of digital assets. Argentina’s recent move to allow Bitcoin in contractual agreements under President Javier Milei’s administration is a testament to this shift. Furthermore, the Central Bank of Nigeria’s reversal of its #CryptoTransactions ban marks a significant change in its approach to the burgeoning crypto market. These developments are part of a larger trend where governments are recalibrating their attitudes toward digital currencies, influencing market dynamics and #investor sentiments.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. #NEAR @wisegbevecryptonews9

lBitcoin at Crossroads: Analyst Eyes $43k Level for Price Direction

  #sol With Bitcoin's future tied to $43k support, a drop may lead to $37k, yet regulatory shifts and global acceptance suggest $50k by Jan 2024.According to crypto analyst Ali Charts, Bitcoin’s next move is tied closely to its ability to maintain the $43k support level. A dip below this critical threshold could see the cryptocurrency sliding to $37,000. Conversely, holding above this mark may set the stage for an upward trajectory towards $47,360.Bitcoin Price AnalysisAs per the latest data from Coingape, Bitcoin trades at $43,780, a 0.15% dip from the intra-day high. However, it has seen a 3.40% increase in value over the past week. The trading volume exceeding $13 billion signifies a high level of market activity and investor interest despite the 36% dip in the last day. These figures highlight the delicate balance Bitcoin holds, teetering between potential gains and losses.BTC/USD price chartThe Impact of Regulatory Changes and PredictionsAdding complexity to Ali’s analysis is the potential approval of spot #BitcoinETFs in the U.S. Such a development could significantly boost Bitcoin and the broader crypto market. Matrixport, with a notable record in crypto forecasting, has made a bold prediction in this context. They foresee Bitcoin hitting $50,000 by January 2024, a forecast backed by their successful track record, including a prescient call in December 2022 when Bitcoin was valued at $17,000.Global Shifts in Crypto AcceptanceThe global landscape is also changing in favor of digital assets. Argentina’s recent move to allow Bitcoin in contractual agreements under President Javier Milei’s administration is a testament to this shift. Furthermore, the Central Bank of Nigeria’s reversal of its #CryptoTransactions ban marks a significant change in its approach to the burgeoning crypto market. These developments are part of a larger trend where governments are recalibrating their attitudes toward digital currencies, influencing market dynamics and #investor sentiments.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. #NEAR @WISE CRYPTO NEWS
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1. **Worldcoin Token Distribution:** The #Worldcoin TFH team and investor address 0x0d4c have distributed 90 million #WLD tokens, equivalent to $152 million, to eight new addresses. 2. **Significant Recent Transfers:** Over the last five days, the address 0x0d4c has transferred a substantial amount of WLD #tokens , totaling $490 million, to 26 different #investor addresses. 3. **Dynamic Token Movements:** The distribution and movement of WLD tokens highlight active and sizable transactions involving the Worldcoin TFH #team and the address 0x0d4c, indicating significant activity within the Worldcoin ecosystem. $BTC $BNB $WLD
1. **Worldcoin Token Distribution:** The #Worldcoin TFH team and investor address 0x0d4c have distributed 90 million #WLD tokens, equivalent to $152 million, to eight new addresses.

2. **Significant Recent Transfers:** Over the last five days, the address 0x0d4c has transferred a substantial amount of WLD #tokens , totaling $490 million, to 26 different #investor addresses.

3. **Dynamic Token Movements:** The distribution and movement of WLD tokens highlight active and sizable transactions involving the Worldcoin TFH #team and the address 0x0d4c, indicating significant activity within the Worldcoin ecosystem.

$BTC $BNB $WLD
Bitcoin Hash-Rate Hits an All-Time High, Is a Rally Impending?#Write2Earn Bitcoin hash rate reaches an all-time high of over 500 exahashes/sec, indicating enhanced network security and potential market upswing.Image Courtesy of PxhereThe #Bitcoinnetwork has recorded an all-time high hash rate exceeding 500 exahashes per second. This growth #signals a robust increase in the computational power securing the blockchain. Essentially, the hash rate measures the processing power committed to Bitcoin’s network, indicating the number of complex calculations the system can perform per second.Significance of the Hash Rate SurgeThis surge in hash rate carries profound implications for the network. Firstly, it enhances network security. A high hash rate means more computational resources are necessary to alter blockchain data, significantly reducing the odds of successful cyber attacks. Consequently, the #bitcoinecosystem becomes increasingly fortified against potential threats.  $BTC hash rate ( Exahashes/ second)Moreover, this rise in hash rate reflects the growing participation of miners, suggesting a buoyant and expanding network. Additionally, Bitcoin’s protocol autonomously adjusts the mining difficulty in response to hash rate changes, maintaining a consistent block discovery rate and the predictability of Bitcoin’s supply.Miners’ Commitment and #investor ConfidenceThe increasing hash rate also demonstrates miners’ continued commitment, investing heavily in advanced mining equipment and energy. For investors, a robust hash rate is a beacon of a strong and reliable network, often translating into heightened confidence in Bitcoin’s long-term viability.Elmandjra’s Perspective from $ARK InvestYassine Elmandjra from ARK Invest has provided insights into this development. He highlights the sheer scale of Bitcoin’s computational power, dwarfing traditional metrics and benchmarks. For instance, the network’s processing capability is equivalent to executing billions of computations for each star in our galaxy. It would take millennia for the entire human population, each performing one hash per second, to match this feat. Unlike the world’s most powerful supercomputers, Bitcoin’s network stands approximately 500 times more potent.Echoing Elmandjra’s sentiments, Anthony Pompliano of Pomp Investments underscores the importance of this milestone. He reiterates the significance of this record-setting hash rate for investors, reinforcing Bitcoin’s stature as the world’s most powerful computing network.Consequently, this milestone in Bitcoin’s hash rate might suggest an impending rally in the crypto market. In addition, historically, a strong hash rate has often correlated with increased investor confidence and market growth. As the network grows stronger and more secure, it potentially sets the stage for a positive shift in Bitcoin’s market dynamics.BTC/USD Price TrendDespite the bullish implications of a high hash rate, the $BTC /USD market shows a mixed response, as evidenced by the recent price movements. Concurrently, despite a bull-bear fight for dominance in the Bitcoin market in the last 24 hours, support at the intra-day low of $41,446 held strong. BTC/USD 24-hour price chart (source: CoinMarketCap)As a result, bulls nullified the bearish trend, soaring BTC price to a 24-hour high of $41,877 before facing resistance. However, BTC was trading at $41,660.48 at press time, a 0.23% surge from the day’s low.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice.

Bitcoin Hash-Rate Hits an All-Time High, Is a Rally Impending?

#Write2Earn Bitcoin hash rate reaches an all-time high of over 500 exahashes/sec, indicating enhanced network security and potential market upswing.Image Courtesy of PxhereThe #Bitcoinnetwork has recorded an all-time high hash rate exceeding 500 exahashes per second. This growth #signals a robust increase in the computational power securing the blockchain. Essentially, the hash rate measures the processing power committed to Bitcoin’s network, indicating the number of complex calculations the system can perform per second.Significance of the Hash Rate SurgeThis surge in hash rate carries profound implications for the network. Firstly, it enhances network security. A high hash rate means more computational resources are necessary to alter blockchain data, significantly reducing the odds of successful cyber attacks. Consequently, the #bitcoinecosystem becomes increasingly fortified against potential threats.  $BTC hash rate ( Exahashes/ second)Moreover, this rise in hash rate reflects the growing participation of miners, suggesting a buoyant and expanding network. Additionally, Bitcoin’s protocol autonomously adjusts the mining difficulty in response to hash rate changes, maintaining a consistent block discovery rate and the predictability of Bitcoin’s supply.Miners’ Commitment and #investor ConfidenceThe increasing hash rate also demonstrates miners’ continued commitment, investing heavily in advanced mining equipment and energy. For investors, a robust hash rate is a beacon of a strong and reliable network, often translating into heightened confidence in Bitcoin’s long-term viability.Elmandjra’s Perspective from $ARK InvestYassine Elmandjra from ARK Invest has provided insights into this development. He highlights the sheer scale of Bitcoin’s computational power, dwarfing traditional metrics and benchmarks. For instance, the network’s processing capability is equivalent to executing billions of computations for each star in our galaxy. It would take millennia for the entire human population, each performing one hash per second, to match this feat. Unlike the world’s most powerful supercomputers, Bitcoin’s network stands approximately 500 times more potent.Echoing Elmandjra’s sentiments, Anthony Pompliano of Pomp Investments underscores the importance of this milestone. He reiterates the significance of this record-setting hash rate for investors, reinforcing Bitcoin’s stature as the world’s most powerful computing network.Consequently, this milestone in Bitcoin’s hash rate might suggest an impending rally in the crypto market. In addition, historically, a strong hash rate has often correlated with increased investor confidence and market growth. As the network grows stronger and more secure, it potentially sets the stage for a positive shift in Bitcoin’s market dynamics.BTC/USD Price TrendDespite the bullish implications of a high hash rate, the $BTC /USD market shows a mixed response, as evidenced by the recent price movements. Concurrently, despite a bull-bear fight for dominance in the Bitcoin market in the last 24 hours, support at the intra-day low of $41,446 held strong. BTC/USD 24-hour price chart (source: CoinMarketCap)As a result, bulls nullified the bearish trend, soaring BTC price to a 24-hour high of $41,877 before facing resistance. However, BTC was trading at $41,660.48 at press time, a 0.23% surge from the day’s low.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice.
Investors Rush to Binance: 477,211 PENDLE Tokens Worth $1.27M Transferred Amid Record Highs.Investors Swiftly Transfer 477,211 PENDLE to Binance Amid Record Highs OUTFLOW Related Addresses: - [0xd2b62ffee42b707cdfe3eb8da5dba9cc152a499f] - [0x76caee5d27d333d8f68a1dfc9d60e29a25741621] Total Tokens Transferred: Token: Pendle 477.211K PENDLE Related Transactions: 1. Wallet 0xd2b deposited 327,211 PENDLE ($874K) at $2.67: - [Transaction: 0xc2c352ec73988761dc0910c0c5eca3aca6f435ba98bc448b9248499367850440] - [Address: 0xd2b62ffee42b707cdfe3eb8da5dba9cc152a499f]Notably, wallet 0xd2b: - Vested 625K PENDLE ($91.6K) from April 29, 2022, to April 28, 2023. - Deposited 327,211 PENDLE ($874K) to Binance at $2.67 for the first time recently. - Still holds 300K PENDLE ($807K) and is gaining $1.59M (x17.3) thanks to holding the token for over 2 years. ![Wallet 0xd2b's overall PENDLE fund movements.] 2. Wallet 0x76c deposited 150,000 PENDLE ($393K) at $2.62: - [Transaction: 0xb1d8c1e4cc65b556839f3921e6270b41f6733fb6c9fe6c6b5e8ab7a5c42ec9a6](https://etherscan.io/tx/0xb1d8c1e4cc65b556839f3921e6270b41f6733fb6c9fe6c6b5e8ab7a5c42ec9a6) - Address: 0x76caee5d27d333d8f68a1dfc9d60e29a25741621 Notably, wallet 0x76c: - Vested 437.5K PENDLE ($64.1K) from April 29, 2022, to April 28, 2023. - Has deposited 327,211 PENDLE ($624K) to Binance at $2.497 on average on January 28 and 30, 2024. - Still holds 187.5K PENDLE ($503K) and is gaining $1.06M (x16.6) thanks to holding the token for over 2 years. ![Wallet 0x76c's overall PENDLE fund movements.] As PENDLE price surged 20% in 24H to its new ATH, two wallets (likely investors of Pendle Finance) deposited 477,211 PENDLE ($1.27M) to Binance. #pendle #PendleFinance #deposit #investor #profit $PENDLE $BNB Guys we need your support ! Just $1 tip for a galaxy of ideas. Your pocket change, our research game changer. Let's tip the scales together!😇😇

Investors Rush to Binance: 477,211 PENDLE Tokens Worth $1.27M Transferred Amid Record Highs.

Investors Swiftly Transfer 477,211 PENDLE to Binance Amid Record Highs
OUTFLOW
Related Addresses:
- [0xd2b62ffee42b707cdfe3eb8da5dba9cc152a499f]
- [0x76caee5d27d333d8f68a1dfc9d60e29a25741621]
Total Tokens Transferred:
Token: Pendle
477.211K
PENDLE
Related Transactions:
1. Wallet 0xd2b deposited 327,211 PENDLE ($874K) at $2.67:
- [Transaction: 0xc2c352ec73988761dc0910c0c5eca3aca6f435ba98bc448b9248499367850440]
- [Address: 0xd2b62ffee42b707cdfe3eb8da5dba9cc152a499f]Notably, wallet 0xd2b:
- Vested 625K PENDLE ($91.6K) from April 29, 2022, to April 28, 2023.
- Deposited 327,211 PENDLE ($874K) to Binance at $2.67 for the first time recently.
- Still holds 300K PENDLE ($807K) and is gaining $1.59M (x17.3) thanks to holding the token for over 2 years.
![Wallet 0xd2b's overall PENDLE fund movements.]
2. Wallet 0x76c deposited 150,000 PENDLE ($393K) at $2.62:
- [Transaction: 0xb1d8c1e4cc65b556839f3921e6270b41f6733fb6c9fe6c6b5e8ab7a5c42ec9a6](https://etherscan.io/tx/0xb1d8c1e4cc65b556839f3921e6270b41f6733fb6c9fe6c6b5e8ab7a5c42ec9a6)
- Address: 0x76caee5d27d333d8f68a1dfc9d60e29a25741621
Notably, wallet 0x76c:
- Vested 437.5K PENDLE ($64.1K) from April 29, 2022, to April 28, 2023.
- Has deposited 327,211 PENDLE ($624K) to Binance at $2.497 on average on January 28 and 30, 2024.
- Still holds 187.5K PENDLE ($503K) and is gaining $1.06M (x16.6) thanks to holding the token for over 2 years.
![Wallet 0x76c's overall PENDLE fund movements.]
As PENDLE price surged 20% in 24H to its new ATH, two wallets (likely investors of Pendle Finance) deposited 477,211 PENDLE ($1.27M) to Binance.
#pendle #PendleFinance #deposit #investor #profit
$PENDLE $BNB
Guys we need your support ! Just $1 tip for a galaxy of ideas. Your pocket change, our research game changer. Let's tip the scales together!😇😇