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🚨📉 BITCOIN CASH GIVES WARNING SIGNAL AHEAD OF BTC HALVING EVENT! 🚨💥 As Bitcoin's fourth mining reward halving approaches in just eight days, the cryptocurrency market is on edge. Historically, such events have heralded bullish periods for Bitcoin, but its offshoot, #Bitcoin Cash (BCH), is painting a cautionary picture, urging traders to temper their expectations for an immediate price surge post-halving. The rally in #BCH triggered by its parent blockchain's halving of per-block coin emission to 3.125 BCH on April 4, quickly lost steam as prices retreated by 15% to $604. Adding to the concern, notional open interest in BCH perpetual futures has plummeted by a staggering 70% to $376 #million in just seven days, with funding rates turning negative, indicating a shift in sentiment towards bearishness. Algorithmic trading firm #Wintermute suggests that BCH's recent activity may foreshadow potential selling pressure for BTC post-halving. Analysts have long cautioned about a "sell the news" scenario for BTC, with JPMorgan anticipating a pullback to $42,000 once the halving hype fades. Despite BTC's current price of $70,700, representing a substantial 67% year-to-date gain, concerns linger about post-halving miner sales potentially dampening bullish momentum. Markus Thielen, founder of 10X Research, estimates that miners could liquidate $5 billion worth of BTC after the halving, potentially leading to a sideways market for several months. Will the bitcoin price skyrocket or crash after the halving event? 👇 Drop your opinion in the comments

🚨📉 BITCOIN CASH GIVES WARNING SIGNAL AHEAD OF BTC HALVING EVENT! 🚨💥

As Bitcoin's fourth mining reward halving approaches in just eight days, the cryptocurrency market is on edge. Historically, such events have heralded bullish periods for Bitcoin, but its offshoot, #Bitcoin Cash (BCH), is painting a cautionary picture, urging traders to temper their expectations for an immediate price surge post-halving.

The rally in #BCH triggered by its parent blockchain's halving of per-block coin emission to 3.125 BCH on April 4, quickly lost steam as prices retreated by 15% to $604. Adding to the concern, notional open interest in BCH perpetual futures has plummeted by a staggering 70% to $376 #million in just seven days, with funding rates turning negative, indicating a shift in sentiment towards bearishness.

Algorithmic trading firm #Wintermute suggests that BCH's recent activity may foreshadow potential selling pressure for BTC post-halving. Analysts have long cautioned about a "sell the news" scenario for BTC, with JPMorgan anticipating a pullback to $42,000 once the halving hype fades.

Despite BTC's current price of $70,700, representing a substantial 67% year-to-date gain, concerns linger about post-halving miner sales potentially dampening bullish momentum. Markus Thielen, founder of 10X Research, estimates that miners could liquidate $5 billion worth of BTC after the halving, potentially leading to a sideways market for several months.

Will the bitcoin price skyrocket or crash after the halving event?

👇 Drop your opinion in the comments

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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A person mining for Bitcoin all by himself got really lucky! Even though it's really hard, he solved a block on his own. He earned 3.125 bitcoins, which is worth around $200,000! This has only happened 282 times in Bitcoin's history. Mining on your own is tough because you need a lot of computer power. Most miners join groups called pools to combine their power. But this person did it alone, even though his computer power was just 0.02% of the whole network! Congratulations to him! #bitcoinhalving #BTC #bitcoin #Mining100Million #CryptoxGaming
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"Shiba Inu Price Potential: How Much Would You Need to Make $50K, $100K, or $250K?" Currently, Shiba Inu is flirting with its 50-day exponential moving average (EMA) at $0.00002486, trading at $0.00002470 amidst market uncertainty. Although it's down 19.68% this month, many market watchers remain optimistic. Despite the current downward trend, there are still ambitious price projections for $SHIB . One catalyst for this confidence is its impressive 144.75% increase last month, closing above $0.000030. According to a report from a crypto exchange platform, Shiba Inu could reach $0.02 by December 2040. If that happens, here's how much you would need to make at different profit margins: - To make $50K, you would need to hold around 2.5 million SHIB, which would require an initial investment of approximately $61 based on current prices. - For a $100K return, you would need to double that amount, totaling 5 million SHIB. This would equate to an investment of around $123 at the current rates. - If you're aiming for the $250K mark, you would need a substantial investment of about 12.5 million SHIB, which is worth around $308 at the prevailing rates. It's important to note that these calculations are based on current prices and assumptions. Keep an eye on the market and adjust your strategy accordingly. #ShibaInuSaga #CryptoSafetyMatters #BullorBear #Megadrop
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$PEPE is currently returning to the zero point and reaching 0.00000610 and continues to fall and no one know when will it gain its strength again so don't by anytime soon as whales are selling there $PEPE which is most probably the reason of the massive dip that happend and also don't forget that 99% of meme coins are owned by (blackrock) and they control its price even tho you can benefit from the small gains of meme coins but at the long term they all fall even tho i told you before to buy $PEPE but at an short term and I always warned you that it will fall again and when whales sell and blackrock chooses to it will be the end to PEPE and any meme coin but probably not now but soon and if you want to get the short term profits buy it gradually as it can dip anytime and follow me i can till you PEPE predictions (not an financial advice can be wrong) (follow for more) #BTC‬ #fomc #BinanceLaunchpool
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📊 Arkham Intelligence has revealed data on the top Shiba Inu (SHIB) token holders, shedding light on their significant holdings. 🐕 The largest holder is the burn SHIB address, which boasts a staggering 410,418,817,200,312.1 SHIB, valued at approximately $10.33 billion. This represents 41.04% of the total circulating supply and is where all burned SHIB tokens are sent and locked automatically. 🔥 In second place is Crypto.com's hot wallet, with holdings of 37,570,344,005,265.1 SHIB ($950.5 million), accounting for 3.76% of the circulating supply. Binance's cold wallet secures the third spot, holding 35,570,818,784,448.26 SHIB ($885.5 million), constituting 3.5% of the circulating supply. Binance maintains a robust reserve of Shiba Inu, confirmed in its Proof-of-Fund (PoF) report. Robinhood's cold wallet ranks fourth, with holdings of 31,753,251,930,362.97 SHIB ($803 million), comprising 3.18% of the supply. The Shiba Inu team's wallet holds the tenth position, with 6,397,162,264,908 SHIB worth $164,920,000. 💼 On May 2, the Shibarium layer 2 solution will undergo a transformative hard fork, aiming to enhance transaction processing speeds and stabilize transaction fees. 🔄 This upgrade is expected to make Shibarium more efficient and competitive, ensuring a smoother user experience. 💫 Despite trading at $0.00002549, down 1.2% in the past 24 hours, Shiba Inu continues to attract attention with its developments and significant token holdings. 🚀 #SHİB #Shibalnu #SHIBARMYSTRONG. #SHIBARICHLIST
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#donaldtrump Says He Has 'Fun' With Crypto, Despite Losing Over $3 Million In 60 Days Republican presidential nominee Donald Trump has been involved in various crypto projects in recent years and has embraced crypto payments. However, his crypto portfolio has recently experienced a downturn, now worth millions less than earlier this year. Trump's involvement in the crypto space began with royalties from the Trump Digital Trading Cards NFT collection, selling 45,000 #NFTs at $99 each, earning him over 1,700 Ethereum (ETH). He later sold 1,075 ETH tokens in late 2023, generating $2.4 million in proceeds. More recently, Trump released a collection of 1,000 sneakers at a Sneaker Con in Philadelphia, priced at $399 per pair, which quickly sold out. Trump mentioned accepting Bitcoin as payment for the sneakers, stating that he views #cryptocurrencies as "crazy new currencies" and enjoys both making money and having fun with them. One crypto asset that Trump profited from is MAGA Coin (TRUMP), which surged from less than $0.01 at launch to an all-time high of over $11.50. Trump was gifted 580,000 TRUMP tokens at launch, initially worth a few thousand dollars but peaking at over $6.7 million. However, the price of TRUMP has since dropped, and Trump's holdings are now valued at around $2.5 million. Since early March, Trump's portfolio has seen a $3.3 million decline. At its peak, his portfolio was valued at over $8.5 million when TRUMP reached its #ATH and #ETH🔥🔥🔥 was nearing $4,000. However, TRUMP's value has fallen by over 50% since then, along with ETH. While ETH and TRUMP make up the majority of Trump's portfolio, he also holds over 60 other meme coins likely sent by supporters. These holdings represent only a fraction of his $5.3 million wallet address. Despite the losses on paper, Trump remains invested in his crypto holdings, which could potentially help offset legal fees and penalties. Source - finance.yahoo.com
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