📈 Is the next upward impulse near? It looks like history i | TopCryptoNews on Binance Square

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📈 Is the next upward impulse near?

It looks like history is repeating itself. In this case, after a slight consolidation, Bitcoin has a chance to fly up, notes trader Jelle.
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⚠️ Vitalik Buterin Explains Main Difference Between Crypto 5 Years Ago and Now Vitalik Buterin recently pointed out a significant change in the cryptocurrency market compared to the industry back in 2018-2019. Although many practical aspects have evolved, some fundamental principles remain constant. Buterin noted that the revolutionary and idealistic visions of blockchain are still alive in response to Joe Weisenthal's observation regarding the change in crypto culture. Weisenthal pointed out that, in the past, the cryptocurrency community had placed more emphasis on ideas like open internet governance, universal basic income (UBI) and blockchain democracy. As of today, most crypto projects are related to memes or community developments for commercial gain. In response, Buterin pointed out that many of these concepts have made significant advancements and came to life. He listed a few projects: 💬 We're still here! And a lot of that idealistic open internet stuff has actually moved forward quite a bit, eg. we have farcaster and lens, quadratic and retroactive funding, zupass, privacy-preserving ways to send ETH, ZK voting implementations... — vitalik.eth Decentralized social networks like Farcaster and Lens are working to advance the idea of digital democracy by fostering a more accessible and user-controlled internet. Funding mechanisms: The principles of Universal Basic Income (UBI) and Collective Benefit are in line with these funding mechanisms, which encourage equitable resource distribution and provide incentives for significant projects. Zero-knowledge proof voting implementations boost voting privacy and security while promoting democratic system trust by utilizing zero-knowledge proofs. The fundamental principles of blockchain technology — decentralization privacy and creative funding models — remain to propel advancement even in the face of the market's present concentration on financial aspects, as Buterin's observations highlight. #VitalikButerin #ETH

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🤯 Why Bitcoin Price Could Surge 100% in 15 Days : Decoding The Truth This week, Bitcoin faced significant selling pressure amid concerns over demand and ETF outflows. BTC dipped below the critical support level of $65,000, marking its second consecutive week in decline. The cryptocurrency is now down more than 12% from its peak, with sentiment suggesting bears have gained control. Notably, major spot Bitcoin ETFs experienced net outflows totaling $145.9 million, led by the Fidelity Wise Origin Bitcoin Fund (FBTC). These outflows intensified following the Federal Reserve’s hawkish stance. The Fed opted to maintain interest rates at 5.25% to 5.50%, with the potential for a future cut later this year. Despite the negative market trend, one analyst paints a gloomy picture of Bitcoin in the coming weeks. Here are his bold claims on Bitcoin and altcoins ready to gain momentum. Read on! 🔸 Bitcoin Set to Double in Value, Here’s How? In his video analysis, George from CryptosRUs discusses the potential for Bitcoin to double in 15 days. He points out historical patterns where Bitcoin experienced significant price movements after periods when the US stock market saw notable gains. George highlights that despite short-term fluctuations, Bitcoin has historically rebounded strongly, citing examples where it surged by 80% after a dip earlier this year. Despite negative news from the media and economic uncertainties such as inflation, George underscores Bitcoin’s strong fundamentals. He points out that the decreasing supply from halving events and increasing global demand are key factors that could drive significant future price increases. 🔸 Altcoin Opportunities Alongside Bitcoin, George explores opportunities in altcoins like Avalanche and Injective, suggesting potential growth driven by their unique market niches and technological developments. He predicts a possible upcoming altcoin season around September, underscoring the cyclical nature of market trends. $BTC #BTC #Bitcoin

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📊 Notcoin (NOT) Price Struggles, Fails to Break Downtrend The recent surge in Telegram Coins has placed Notcoin (NOT) in the limelight, and many people have jumped to invest in it. However, after a good run, the altcoin seems to be losing its momentum, and so do the investors when it comes to bullishness. 🔸 Notcoin Is Not Recovering Notcoin’s price is currently in a downtrend, and despite an attempt to break out of it, not much has changed. The consequent shift in sentiment among NOT holders is now becoming much clearer. Nevertheless, the altcoin will be safe from falling below the support at $0.015 since the Telegram Coin’s short-term outlook is bullish. The Moving Average Convergence Divergence (MACD) indicates that Notcoin is experiencing a bullish crossover in a short-term timeframe. This technical signal typically suggests a potential upward momentum as the MACD line crosses above the signal line, hinting at a possible increase in buying pressure and a positive shift in market sentiment for Notcoin. However, despite this bullish indicator, investors remain pessimistic about a recovery. They are leaning towards a decline, as evidenced by the negative funding rate for the first time this month. This negative funding rate implies that short contracts are prevailing in the market, with investors betting on a price drop rather than a rise. This reflects a bearish outlook despite the short-term bullish crossover indicated by the MACD. Thus, as the altcoin progresses, it might not witness a drawdown, but a rally is out of the question completely. 🔸 NOT Price Prediction: Preventing a Fall For now, Notcoin’s price is safe from losing the critical support of $0.015. It will likely move sideways under $0.018 until it gains enough momentum to chart a rally again. The downtrend line that NOT has been under for weeks now before the fake-out will come into effect again. If the Telegram Coin breaches this line, the altcoin can expect a more bullish outcome. $NOT #NOT #NotCoin

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💥 Uniswap Plunges 12% Amid Crypto Market Bloodbath: Can Bulls Recover $10? Despite volatility, UNI has rebounded by 6% to $10.28, with increased trading volume indicating resilience amidst market fluctuations.Uniswap’s fee generation has surged, surpassing $100 million in the past month, outpacing other decentralized exchanges (DEXs). On Tuesday, June 18, UNI, the native cryptocurrency of decentralized exchange Uniswap, faced strong selling pressure dropping by more than 12% all the way to the low of $9.30. Earlier this week on Monday, June 17, the UNI price had rallied all the way to $12.0. Thus, it’s clear that the Uniswap (UNI) altcoin is going through a period of massive volatility. The recent surge in Uniswap’s price has coincided with a substantial purchase of Ethereum and Uniswap by a wallet associated with Amber Group, a prominent crypto investment firm. This renewed whale activity, along with changes in broader macroeconomic factors, could trigger another price increase for Uniswap and other crypto assets. However, after yesterday’s selling pressure, the Uniswap (UNI) price bounced back strongly and is currently trading 6% up at $10.28 with a market cap of $6.16 billion. the daily trading volume has also surged 13% to more than $300 million. In the past week, Uniswap has surged by 8.23%, while over the last 30 days, it has experienced inflows exceeding 50%, indicating robust bullish momentum. Despite being 74% below its peak of $44 during the 2021 bull market, recent whale activity indicates ongoing upward pressure on its price. 🔸 Uniswap (UNI) On-Chain Data Despite recent gains, UNI is encountering resistance around the $12 mark and has retraced more than 13%. On-chain data reveals an increasing supply of UNI on exchanges, suggesting a possible local peak. Technical indicators such as the Relative Strength Index (RSI) and the Awesome Oscillator (AO) are showing bearish divergence, indicating a potential upcoming price decline. $UNI #UNI #Uniswap

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