ANALYSIS: According to Nansen, $598M Ethereum waiting on upd | Crypto Ahmet on Binance Square

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ANALYSIS: According to Nansen, $598M Ethereum waiting on updated credentials, 18.5% representing more than 100K validators need to update to withdraw after #Shanghai upgrade.
#Ethereum #BTC #eth2.0 #Binance

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😱🚀🚀Doping from Bitcoin to Altcoins: These 4 projects are flying! 1- Sui (#SUI ) $SUI , one of the most talked about altcoins of recent days, has increased by 30 percent in the last 24 hours. The continuous increase in the locked asset (TV) in the SUI ecosystem did not go unnoticed. The popular altcoin took its place at the top of the listening with this move. 2- Celestia (#TIA ) $TIA , one of the central projects of the Cosmos ecosystem, increased by 22 percent in the last 24 hours. During the separation and merging process of BTC to other projects in the last one, TIA made the Cosmos ecosystem and investors happy from the second place. 3- Helium (#HNT ) HNT, which fell on crypto miners, increased by 20.70 percent in the last 24 hours. HNT, which took the offensive together with the positive momentum in the mining sector, ranked third in listening. In addition, developments in crypto mining also show the HNT price. 4- Sei ($SEI ) #SEI , which made its ecosystem happy with the recent airdrop, increased by 15 in a short time. With its latest move, SEI, which settled in the fourth place of the rest, has renewed some confidence. In addition, the popular altcoin, which has a one-year downtrend, has risen above a technically critical level. #altcoins

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😱🚀🚀Toncoin may hit new highs in August Bullish signal is on No sooner than the Bitcoin price marked interim highs above $62,000, the entire crypto market had become optimistic. Traders had become hopeful after the recent rebound but the bears seem to have hindered the progress of the rally. However, this popular altcoin within the top 10, Toncoin is manifesting acute strength as the token stands strong against the bearish heat. Now that the #TON price has reclaimed its levels within the ascending range, a 20% upswing may help it to form a new ATH. The global market capitalisation has risen by over 6% reclaiming a position of over $2.14 trillion, which has kept the bullish momentum among the other altcoins like Toncoin. The volume also soared to a large extent which suggests the downward pressure could persist for a few more days. However, the technicals suggest the price may maintain a healthy upswing, however, achieving pivotal resistance is required to trigger a rise towards the upper targets. The above chart displays some hopes for reviving a sustained ascending trend as the price enters the ascending parallel channel. The MACD is showing a drop in the selling volume while the levels are on the verge of triggering a bullish crossover. With this, the $TON price is required to maintain a healthy upswing and reclaim the levels above the support of the Gaussian channel. Only if the trend is sustained and heads toward the resistance of the channel, the indicator may shift to bullish. This could be when the Toncoin price begins with a fresh bullish run, setting up a steep upswing towards the upper resistance of the channel. However, the price has been failing to rise above $7.6 as the bears have capitulated to these levels. Meanwhile, the volume remains in the bullish favour, which has kept up bullish momentum alive. #TONonBinance #binance

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😱🚀🚀3 Solana Altcoins with big bang potential $PYTH Network (#PYTH ) Known as a Chainlink-killer with super fast speed, PYTH network, a Solana-based project is making waves in the crypto space. PYTH price Despite a declining trend in the daily chart, the PYTH price trend shows a bull cycle ready to ignite. With the broader recovery, the breakout chances for PYTH to tease a new bull run are increased. The overhead trendline breakout and the 23.60% Fibonacci level break at $0.35 will push the PYTH price to $1.10. Solana-Based DEX: Jupiter (#JUP ) Finally, ending the list of our must-buy Solana-based altcoins, Jupiter ($JUP ), a DEX aggregator. With a TVL of $556 Million, the boost in the crypto market could result in a spike in leveraged trading over Jupiter. As Jupiter is close to entering the top 5 DeFi protocols over Solana, the upside potential in JUP is massive. With a double bottom reversal starting in JUP price after the recent correction, the trend momentum spikes up. As the uptrend continues, a bullish breakout of the 23.60% Fibonacci level at $1.32 could result in a price jump to $2.75.0 Hence, with a 200% upside target, Jupiter is one of the best buy options in our list of top Solana-based altcoins. Solana-Based Meme Coin: #BONK ($BONK ) As meme coins are spearheading the bull run in the crypto world, BONK, a Solana-based altcoin, is a top choice in the meme coin segment. With a market cap of $1.429 Billion, BONK has witnessed an exponential surge since its inception. In the daily chart, BONK survives the recent crash as the buyers remain dominant over a long-coming support trendline. As the bull cycle starts to gain momentum, a bullish breakout of the overhead resistance can jump to $0.000042. #altcoins

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😱🔥Crypto move from Donald Trump's son: It will be talked about a lot!🚀🚀 #donaldtrump Jr. has announced the launch of a new decentralized finance crypto platform with the aim of addressing inequality in banking access. In a Q&A session held on August 8th on subscription platform Locals, Donald Trump Jr., the eldest child of presidential candidate Donald Trump, said that he is not a memecoin but is working on a crypto platform that will compete. “What we are talking about is a bigger type of platform, it is very different and it is not a memecoin,” he said. Donald Trump Jr’s crypto project was initially thought to be a memecoin Trump Jr. has not given much detail about his platform but emphasized that it could be a competitor to the banking system. After he mentioned DeFi in a post earlier this week, rumors of a new crypto offering began to emerge, with many speculating that it could be related to a new memecoin. We are about to shake up the crypto world with something big. Decentralized finance is coming, their summary summary,” he said in a post on X on August 7th. The Q&A also touched on rumors surrounding the Restore the Republic (RTR) memecoin, which has risen and fallen amid unfounded rumors that it was connected to the Trump family. Trump’s second son Eric Trump also recently denied any connection to the memecoin, appearing on X on August 8th and calling the rumors that caused the RTR token to drop by over 70% “absolutely false.” This move from Donald Trump’s son has also left the crypto world wondering. #DonaldJTrump #binance #US

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😱🔥Putin signs bill legalizing cryptocurrencies #Russian President Vladimir Putin has signed the cryptocurrency bill that was recently passed in parliament. The bill regulates many issues related to cryptocurrencies, especially mining. Russian President Vladimir Putin has signed the bill that legalizes the trading and mining of cryptocurrencies. The bill determines the procedures and principles for the circulation of cryptocurrencies as well as the conduct of mining activities. Russian companies and individual entrepreneurs registered in the Ministry of Digital Development registry will be able to mine. Russian citizens who do not have the status of individual entrepreneurs will be allowed to mine cryptocurrencies without being registered if they do not exceed the energy consumption limit determined by the state. On the other hand, cryptocurrencies will also be free to buy and sell on Russian blockchain platforms. In addition, cryptocurrencies can be used in international payments on an experimental basis. The law will enter into force 10 days after its official publication. The effective date of most mining-related regulations is November 1, 2024. #binance #Putin #BTC

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