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LONG BTC
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🚀🎉 Buckle up, BTC enthusiasts! Meme coins, particularly Dogecoin (DOGE) and Shiba Inu (SHIB), are expected to maintain their dominance in 2024, thanks to their widespread recognition and robust ecosystems. 🐕💫 DOGE and SHIB have been the crypto rockstars in this bull cycle, with impressive price increases and support from leading exchanges and industry figures. 🌟📈 Dogecoin, Tesla CEO Elon Musk's favorite, often benefits from his endorsements. Shiba Inu, on the other hand, has made significant strides with the launch of Shibarium and ShibaSwap. 🚀🌕 But don't overlook contenders like Pepe (PEPE), Floki Inu (FLOKI), Dogelon Mars (ELON), and Baby Doge Coin (BABYDOGE). PEPE, with its frog theme, had a strong market presence in 2023 and continues to do so this year. FLOKI also hit a peak price recently, while ELON and BABYDOGE could make headlines with increased adoption and celebrity endorsements. 🐸🐕🚀 However, remember that while meme coins could potentially make you a millionaire overnight, they also carry significant risks due to their volatility. Always do your due diligence and invest only what you're ready to lose. Stay safe and keep watching the crypto space! 🚀🌕👀

🚀🎉 Buckle up, BTC enthusiasts! Meme coins, particularly Dogecoin (DOGE) and Shiba Inu (SHIB), are expected to maintain their dominance in 2024, thanks to their widespread recognition and robust ecosystems. 🐕💫

DOGE and SHIB have been the crypto rockstars in this bull cycle, with impressive price increases and support from leading exchanges and industry figures. 🌟📈 Dogecoin, Tesla CEO Elon Musk's favorite, often benefits from his endorsements. Shiba Inu, on the other hand, has made significant strides with the launch of Shibarium and ShibaSwap. 🚀🌕

But don't overlook contenders like Pepe (PEPE), Floki Inu (FLOKI), Dogelon Mars (ELON), and Baby Doge Coin (BABYDOGE). PEPE, with its frog theme, had a strong market presence in 2023 and continues to do so this year. FLOKI also hit a peak price recently, while ELON and BABYDOGE could make headlines with increased adoption and celebrity endorsements. 🐸🐕🚀

However, remember that while meme coins could potentially make you a millionaire overnight, they also carry significant risks due to their volatility. Always do your due diligence and invest only what you're ready to lose. Stay safe and keep watching the crypto space! 🚀🌕👀

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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🔥Hot off the press! BTC's wild ride continues! 🎢 After a positive start to the week, reaching just above $70,000 on Monday, the crypto king took a tumble on Tuesday, dipping to $66,000. 😲 The reason? Market jitters over the US CPI numbers and the subsequent FOMC meeting. But wait, there's more! 🚀 BTC shot back up to $70,000 after the CPI exceeded expectations. However, this joy was short-lived. By Friday, BTC found itself at a monthly low of $65,000. 😱 Despite bouncing back a bit, it's still down 1.5% on the day. This rollercoaster ride has led to over $200 million worth of liquidations from almost 75,000 traders in the past 24 hours.😰 BTC's market cap has slipped to $1.3 trillion, but it still reigns supreme over altcoins with a dominance of just over 51%. Meanwhile, altcoins are seeing red. Solana, DOGE, SHIB, AVAX, DOT, and ADA have all experienced declines. However, TON and UNI are bucking the trend with a 3% and 3.5% increase respectively. Despite the turbulence, we remain optimistic about BTC. After all, what goes down, must come up, right? 😉 Stay tuned for more updates! 🚀
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🚀🚀Buckle up, Bitcoin enthusiasts! Ethereum, the world's largest altcoin, is seeing a surge in demand despite struggling to stay above the $4,000 mark. 📈📈 CryptoQuant's research head, Julio Moreno, revealed a significant buying spree by "permanent holders" of Ethereum. On June 13th, they scooped up a whopping 298,000 ETH, worth over $1 billion! This is the second-highest daily purchase volume ever by this group. 🤑🤑 Despite Ethereum's price being down by almost 8% over the past week, the surge in demand shows growing interest and confidence among long-term investors. The number of Ethereum addresses holding 10,000 or more ETH has been on the rise over the past three weeks, indicating that the big guns are accumulating. 💪💪 Coinbase recently saw its largest Ethereum outflow of the year on June 12th, with over 336,000 ETH, worth $1.17 billion, being withdrawn. These transactions suggest that whales or unidentified institutions are anticipating a price rise. 🐋🐋 In other news, the final approval of spot Ethereum ETF is expected by the end of this summer, according to SEC Chair Gary Gensler. Once approved, the new spot Ethereum ETFs can be listed. So, keep your eyes peeled, folks! 👀👀 Remember, while Ethereum is making waves, Bitcoin is still the OG of cryptocurrencies! 🚀🚀🚀
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🚀Buckle up, Bitcoin enthusiasts! Dogecoin (DOGE), the largest meme coin, has experienced a 12% drop to $0.14 in a week. However, don't lose hope just yet! 🐕 Analysts are predicting a potential price surge based on technical patterns. Market analysis reveals DOGE has strong support at $0.115 and resistance at $0.16, with an RSI of 48 indicating it is neither overbought nor oversold. CryptoJack, a notable figure in the crypto community, expects a substantial uptick once DOGE breaks out from a certain descending pattern. He's forecasting a 55% increase to as high as $0.22! 🚀 Trader Tardigrade is also speculating a bullish future for DOGE, suggesting it could follow a specific bullish parallel channel that could lead to a price surge of over $12. Market intelligence platform IntoTheBlock suggests DOGE is positioned "above a significant on-chain support level," indicating a strong demand zone. However, DOGE may face resistance around the $0.16 level. Altcoin Sherpa and KALEO have also forecasted a bright future for DOGE. KALEO even suggests that DOGE may outperform Bitcoin (BTC) due to the industry being in a "meme super cycle." The RSI, an essential on-chain indicator, currently stands at 48, signaling a resurgence for the asset. So, keep your eyes on the prize, Bitcoin lovers. The future of DOGE looks promising! 🚀🌕
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🚀BTC enthusiasts, get ready for some action! Today, we're seeing the expiry of around 20,000 Bitcoin options with a notional value of $1.35 billion. But don't fret, the market impact is expected to be minimal as this event is much smaller than previous weeks. 📉 However, keep your eyes peeled for June 28, when a whopping $6.7 billion in notional value derivatives are set to expire. Now that's a date to mark on your calendar! 📆 Today's BTC contracts have a put/call ratio of 0.49, meaning twice as many long (call) contracts are expiring as shorts (puts). The max pain point is at $68,500, a tad higher than current spot prices. This is where most losses could occur. 😬 But don't lose hope, bulls are still ruling the roost in BTC derivatives with almost $1 billion in open interest at the $100,000 strike price. The $75,000 and $80,000 strike prices are also seeing a lot of action with $723 million and $807 million respectively. 🐂 Despite the big macroeconomic data week in the U.S, the crypto market has underperformed, with mainstream coins and altcoins taking a hit. But remember, the crypto market is a rollercoaster ride, so buckle up! 🎢 In addition to Bitcoin, 200,000 Ethereum options expired today with a put/call of 0.36, a max pain point of $3,600, and a notional value of $710 million. The total market capitalization has remained steady at $2.57 trillion over the past 24 hours. However, markets have been on a retreat with a 7.5% decline over the past ten days. Bitcoin is currently hovering around $67,000 following a fall from around $69,500 earlier this week. Analysts are pointing at Bitcoin miner profit taking as a contributing factor to the declines. So, will today's Bitcoin options expiry send markets lower? Only time will tell. Stay tuned! 🕰️
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🚀🚀Buckle up, BTC enthusiasts! Ripple is in a legal tussle with the US Securities and Exchange Commission (SEC) over a proposed $2 billion penalty. The company thinks that's a bit steep, suggesting a $10 million fine instead. 🤔💰 The lawsuit, which has been dragging on for over three years, accuses Ripple and its executives of conducting an unregistered securities offering by selling its XRP token. The SEC's hefty fine proposal was met with resistance from Ripple's chief legal officer, Stuart Alderoty, who argued that the fine should not exceed $10 million. 🏛️👨‍⚖️ Ripple's lawyers are standing their ground, comparing the case with the one between the SEC and Terraform Labs. They argue that the SEC has previously agreed that civil penalties should range from 0.6% to 1.8% of the defendant’s gross revenue, and that Ripple's fine should follow suit. 🧐📚 Despite the ongoing trial, Ripple's CEO Brad Garlinghouse is optimistic, anticipating a resolution by summer 2024. Meanwhile, American lawyer Jeremy Hogan envisions a $100 million settlement. 🌞⏳ The lawsuit's outcome could have a significant impact on XRP's price, which has reacted positively after each of Ripple's partial court wins. So, keep your eyes peeled, folks! This legal rollercoaster ride is far from over! 🎢👀
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