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📣Binance Labs, Bouncebit'e yatırım yaptığını duyurdu.

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📣Binance announced that it will support the #Render (RNDR) token swap and rebranding for Render (RENDER).

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Impact of US Elections on Bitcoin: Could Trump's Comeback Send BTC to New Highs? The US presidential elections, which will be held in November 2024, are seen as a critical turning point for financial markets, especially for cryptocurrencies such as Bitcoin. According to VanEck's head of crypto research, Matthew Sigel, election results could significantly impact Bitcoin's future direction. Sigel states that if a pro-cryptocurrency candidate like Donald Trump is re-elected, new highs could be reached for Bitcoin and the overall market. Recent declines in the cryptocurrency market, Mt. Gox creditors and Germany's regulatory sell-off. Sigel expresses hope that these pressures will ease soon and reduce the downward impact on Bitcoin. Reminding that in previous bull markets, Bitcoin did not stay below its 200-week moving average for more than six weeks, Sigel predicts a recovery in the near future. Another critical factor Sigel identifies is the broader economic environment and, in particular, expected adjustments in monetary policy. With inflation rates slowing and the U.S. economy making a soft landing, the long-awaited monetary policy shift may be imminent. This potential shift is supported by sweeping spending expected to continue over the next four years, which could create a more favorable regulatory environment for cryptocurrencies under the Trump administration. If Trump wins a victory in the upcoming elections, Sigel foresees a more favorable regulatory framework for cryptocurrencies in the US. This scenario could pave the way for Bitcoin to reach unprecedented all-time highs. Investors and market participants are advised to carefully monitor the outcome of the elections, as the election results could be a critical catalyst for Bitcoin's price movement and push it to new highs.

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Bitcoin ETF Inflows See a Positive Increase on the Second Day On Monday, US spot Bitcoin exchange-traded funds (ETFs) had their second consecutive day of inflows, accumulating $294.9 million. Blackrock's IBIT dominated the trading sessions, attracting inflows of $187.21 million. Blackrock's IBIT Dominates with $187.21 Million Spot Bitcoin ETFs in the US had another day of gains on Monday, capturing inflows of $294.9 million during the trading session. These inflows follow the $143 million accumulated on Friday, July 5. Blackrock's Bitcoin Trust (IBIT) led the pack, attracting $187.21 million in inflows. This increase brings IBIT's reserves to 310,470.32 BTC, worth $17.83 billion, according to sosovalue.xyz statistics. Fidelity's FBTC secured $61.54 million, while Grayscale's GBTC secured $25.08 million. Bitwise's BITB attracted $11.05 million, and Ark Invest and 21shares' fund ARKB managed to raise $8.44 million. Finally, Vaneck's HODL bought $1.59 million in Monday's sessions. None of the other ETFs saw outflows or inflows as BTCO, BRRR, DEFI, EZBC and BTCW all saw neutral days. Recent inflows into US spot bitcoin ETFs highlight growing investor confidence in Bitcoin (BTC) after the recent pullback. Blackrock's leading position, together with significant investments in other funds such as Fidelity's FBTC and Grayscale's GBTC, underscores a competitive and rapidly evolving market landscape. Although there have been occasional outflows, US spot Bitcoin ETFs have broken records this year.

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⚡️ Best DePIN coins by 30-day revenue.

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Mobility is increasing in Solana: Which projects shined? With the recovery in the cryptocurrency market, memecoins in the Solana ecosystem have revived. With the recovery in the cryptocurrency market, memecoins in the Solana ecosystem have revived. Solana price has jumped over 7 percent in the past day, which indicates that there is a high probability of an increase in the coming period. On the other hand, Solana-based memecoins also surprised their investors by registering large price movements in a short time. BONK, the leading memecoin of the Solana ecosystem, has retested an important support level. This resulted in Bonk price gaining over 22 percent with a trading volume of $571.63 Million. Additionally, the popular memecoin winked at the bull by increasing by over 30 percent in the last 2 days. Moreover, the MACD exhibits an ascending trend with its averages registering strong bullish price action on the 1D (one-day) timeframe. Popcat (LEFT) Launched in 2023 with a circulating supply of 979,973,185, Solana-based memecoin Popcat takes its inspiration from the Bonk project. To become the next breakout memecoin, POPCAT has attracted a lot of attention from the crypto market. dogwifhat (WIF) WIF, another popular memecoin of the Solana ecosystem, achieved a transaction volume of over 626 Million dollars. WIF is currently priced 64.89 percent below its ATH The Relative Strength Index (RSI) is indicating an uptrend on the 1D WIF price chart. Additionally, the average trend line has turned positive for WIF.

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