cryptocurrencies'
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๐๐๐น๐ ๐ฏ๐ญ, ๐ฎ๐ฌ๐ฎ๐ฐ
BREAKING: Russia has passed a bill to legalize Bitcoin mining and crypto payments.
Russian C.Bank Governor Nabiullina Says First International Payments In #cryptocurrencies' Possible Before Year-end: Reuters.
๐ฅ Trust Wallet has announced a partnership with the ๐ฐ Open Network (TON) to leverage Telegram's user base in advancing GameFi and DApps.
๐จ๐จ Crypto losses surpass $1.19 billion year-to-date due to 149 hacks and scams. July alone recorded $269.4 million in exploits.
๐ต Circle said to be trading around $5B valuation ahead of planned IPO: Coindesk.
BREAKING: Russia has passed a bill to legalize Bitcoin mining and crypto payments.
Russian C.Bank Governor Nabiullina Says First International Payments In #cryptocurrencies' Possible Before Year-end: Reuters.
๐ฅ Trust Wallet has announced a partnership with the ๐ฐ Open Network (TON) to leverage Telegram's user base in advancing GameFi and DApps.
๐จ๐จ Crypto losses surpass $1.19 billion year-to-date due to 149 hacks and scams. July alone recorded $269.4 million in exploits.
๐ต Circle said to be trading around $5B valuation ahead of planned IPO: Coindesk.
If this level (60k) doesnโt hold for BTC, then I am expecting 50-52k this has 75% chance of happening. Which is a very sweet zone to buy more ๐๐ฝ๐
#cryptocurrencies'
#BitcoinETFs #NFP #HKETF #bitcoinhalving $BTC
#cryptocurrencies'
#BitcoinETFs #NFP #HKETF #bitcoinhalving $BTC
$PEPE Mysterious whale withdrawal triggers market crash: SHIB and PEPE leave, market value evaporates 10 billion
Recently, the cryptocurrency market has experienced a "massacre" worth $166 million. The trigger of this incident was that anonymous meme coin whales withdrew billions of dollars of $SHIB and PEPE from Binance. This major withdrawal triggered a widespread sell-off in the market, causing Bitcoin and other major #cryptocurrencies' to fall sharply.
The market fell sharply, and Bitcoin fell below $60,000
In this market turmoil, Bitcoin fell more than 2.5%, falling below the key $60,000 mark. This drop not only triggered a wave of Bitcoin selling, but also affected the entire cryptocurrency market, with a total market value loss of nearly $100 billion.
Whale withdrawal: $59.41 million involving 8 tokens
In this major withdrawal event, an anonymous account withdrew $59.41 million from the Binance platform, involving 8 different tokens. Specifically include:
Ethereum (ETH): 9,425 ETH, worth $30.92 million
PEPE: 957.7 billion PEPE, worth $9.82 million
SHIB: 583.7 billion SHIB, worth $9.63 million
Render Token ($RNDR ): 438,700, worth $3.13 million
Polygon (MATIC): 5.187 million, worth $2.81 million
Chainlink (LINK): 104,100, worth $1.47 million
Avalanche (AVAX): 39,100, worth $1.08 million
The Graph (GRT): 2.762 million, worth $550,000
These withdrawals and negative market sentiment led to a general sell-off in the market, affecting not only Bitcoin, but other major cryptocurrencies as well. This incident once again shows the huge influence of large withdrawals and whale accounts on the market.
With the turmoil in the cryptocurrency market, we can expect more market volatility and price adjustments. In this uncertainty, we need to remain vigilant, pay close attention to market dynamics, allocate assets rationally, and avoid unnecessary losses.
Recently, the cryptocurrency market has experienced a "massacre" worth $166 million. The trigger of this incident was that anonymous meme coin whales withdrew billions of dollars of $SHIB and PEPE from Binance. This major withdrawal triggered a widespread sell-off in the market, causing Bitcoin and other major #cryptocurrencies' to fall sharply.
The market fell sharply, and Bitcoin fell below $60,000
In this market turmoil, Bitcoin fell more than 2.5%, falling below the key $60,000 mark. This drop not only triggered a wave of Bitcoin selling, but also affected the entire cryptocurrency market, with a total market value loss of nearly $100 billion.
Whale withdrawal: $59.41 million involving 8 tokens
In this major withdrawal event, an anonymous account withdrew $59.41 million from the Binance platform, involving 8 different tokens. Specifically include:
Ethereum (ETH): 9,425 ETH, worth $30.92 million
PEPE: 957.7 billion PEPE, worth $9.82 million
SHIB: 583.7 billion SHIB, worth $9.63 million
Render Token ($RNDR ): 438,700, worth $3.13 million
Polygon (MATIC): 5.187 million, worth $2.81 million
Chainlink (LINK): 104,100, worth $1.47 million
Avalanche (AVAX): 39,100, worth $1.08 million
The Graph (GRT): 2.762 million, worth $550,000
These withdrawals and negative market sentiment led to a general sell-off in the market, affecting not only Bitcoin, but other major cryptocurrencies as well. This incident once again shows the huge influence of large withdrawals and whale accounts on the market.
With the turmoil in the cryptocurrency market, we can expect more market volatility and price adjustments. In this uncertainty, we need to remain vigilant, pay close attention to market dynamics, allocate assets rationally, and avoid unnecessary losses.
$HBAR
The cryptocurrency Hedera Hashgraph (#HBAR/ ) has established numerous contracts and #parttherships with major companies and organizations, creating expectations of a price increase. However, several factors can explain why this hasn't led to a significant rise in value:
1. **Market Volatility**: The #cryptocurrencymarket is highly volatile and can be influenced by a wide range of external factors, including government regulation, global economic trends, and market sentiment changes.
2. **Supply and Demand**: Despite the partnerships, the demand for HBAR may not have grown at the same pace as its supply, keeping its price stable.
3. **Competition**: HBAR faces competition from other cryptocurrencies and #smartcontracts platforms, which can limit its adoption and, therefore, its value.
4. **Adoption and Utility**: The true adoption of HBAR for practical applications and its real utility are still in development. Until massive adoption and significant use in real applications are seen, the price may not reflect the projected potential.
5. **Speculation and Investment**: Many #cryptocurrencies' are affected by speculation. If investors do not see a rapid and significant price increase, they may withdraw their funds, limiting HBAR's growth.
In summary, despite the contracts and partnerships, HBAR's price may not have risen due to these combined factors, reflecting the complexity and multifaceted nature of the cryptocurrency market.
The cryptocurrency Hedera Hashgraph (#HBAR/ ) has established numerous contracts and #parttherships with major companies and organizations, creating expectations of a price increase. However, several factors can explain why this hasn't led to a significant rise in value:
1. **Market Volatility**: The #cryptocurrencymarket is highly volatile and can be influenced by a wide range of external factors, including government regulation, global economic trends, and market sentiment changes.
2. **Supply and Demand**: Despite the partnerships, the demand for HBAR may not have grown at the same pace as its supply, keeping its price stable.
3. **Competition**: HBAR faces competition from other cryptocurrencies and #smartcontracts platforms, which can limit its adoption and, therefore, its value.
4. **Adoption and Utility**: The true adoption of HBAR for practical applications and its real utility are still in development. Until massive adoption and significant use in real applications are seen, the price may not reflect the projected potential.
5. **Speculation and Investment**: Many #cryptocurrencies' are affected by speculation. If investors do not see a rapid and significant price increase, they may withdraw their funds, limiting HBAR's growth.
In summary, despite the contracts and partnerships, HBAR's price may not have risen due to these combined factors, reflecting the complexity and multifaceted nature of the cryptocurrency market.