🧙‍♂️On July 9, spot Bitcoin ETFs recorded an inflow of $216 | Crypto De Nostradame on Binance Square

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🧙‍♂️On July 9, spot Bitcoin ETFs recorded an inflow of $216 million.
 •Grayscale (GBTC) Bitcoin ETF experienced an outflow of $37 million.
 •Blackrock (IBIT) ETF experienced an inflow of $121 million.
 •Fidelity (FBTC) Bitcoin ETF saw an inflow of $90 million.

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📢 On July 26, spot Ethereum ETFs recorded an outflow of $163 million. •Grayscale spot Ethereum ETF (ETHE) experienced an outflow of $356 million. •Grayscale mini ETF (ETH) saw an inflow of $44 million. •Blackrock spot Ethereum ETF (ETHA) experienced an inflow of $87 million. •Fidelity spot Ethereum ETF (FETH) experienced an inflow of $39 million. •Bitwise spot Ethereum ETF (ETHW) experienced an inflow of $16 million. 📢 On July 26, spot Bitcoin ETFs recorded an inflow of $51 million. •Grayscale spot Bitcoin ETF (GBTC) experienced an outflow of $26 million. •Blackrock spot Bitcoin ETF (IBIT) experienced an inflow of $23 million. •Bitwise spot Bitcoin ETF (BITB) experienced an inflow of $31 million.

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Bitcoin Scares Analyst as It Goes to $69,000! Here Are the Levels BTC and ETH May Fall To! The analyst also talked about the potential consequences of this situation while examining Bitcoin. According to the analyst, a possible price drop in BTC could have a major negative impact on altcoins. If BTC starts to gain momentum downward and drops to $53,000, a very aggressive decline can be expected in altcoins as well. When the graph shared by the analyst is examined (above), it is seen that the situation is not very encouraging. According to the analyst, the price rally in Bitcoin may have ended and a significant pullback in BTC's price may also occur. When we look at the Bitcoin price, it has been seen that it has experienced a visible increase in the past minutes and is approaching the $69,000 level. As of the writing time, the BTC price continues to find buyers in the $68,842 region, while the market volume has exceeded $1.359 trillion. Despite this, the trading volume is at $24.449 billion after a 27% decrease. After commenting on BTC, Credible Crypto turned his attention to the possible price movements in altcoins and shared with his followers how altcoins might react after the correction that might occur in Bitcoin and said: For some altcoins, this decline will probably be temporary before a strong recovery. For others, it could be the beginning of a more significant decline. Although there may be a decline, the analyst, who does not seem to have taken on a hopeless structure, has a comment that this situation can be evaluated as a buying opportunity. According to the analyst, Bitcoin can rise to $100,000. After Bitcoin, the analyst also commented on Ethereum (ETH), stating that ETH has a clearer downward trend than Bitcoin and adding: I am much more confident in seeing the lowest levels of ETH than seeing BTC increase its own lows to $53,000. With the amount of weakness we are currently seeing in ETH, it is certainly possible that ETH sees new local lows (below $2,800) while BTC makes a higher low.

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According to Michael Saylor, the price of #Bitcoin in 2045 will be $3 million in the worst-case scenario, $13 million in normal conditions, and $49 million in optimistic estimates.

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Ethereum Foundation Transfers 92,500 ETH That Hasn’t Moved, Raising Speculation About a Strategy Change On July 25, a wallet associated with the Eth Foundation made headlines after it transferred 92,500 ETH, worth around $294.9 million. The wallet had been inactive since 2017, raising questions about the motivations behind this large movement of money. According to Lookonchain’s on-chain data, these tokens were initially acquired from the Eth Foundation on September 1, 2015. The transfer followed a small transaction of just 1 ETH from the same wallet, further fueling curiosity. Currently, the Ethereum Foundation has made no official announcement about this large transfer. In the past, the Foundation has typically sold large amounts of ETH during bull market periods to take advantage of peak prices. The lack of such sales in the current cycle has led analysts to speculate about possible changes in market strategy. Given the current volatility of the cryptocurrency market, this unexpected move could signal a significant change in the Foundation’s approach or could be a sign of upcoming market developments. This transfer comes at a time when Ethereum is experiencing significant price volatility. On July 25, Ethereum’s price fell by 10%, with spot Eth ETFs seeing $133 million in outflows on their second day. This dramatic drop caused ETH’s value to drop from around $3,500 to $3,130. However, the token has since recovered somewhat and is trading at $3,266, reflecting a 3% increase in 24 hours. Historical data suggests that the Ethereum Foundation has been strategic in timing its large-scale sales with market peaks, but recent market dynamics may indicate that this approach is being reconsidered. The recent movement of 92,500 ETH from the Ethereum Foundation’s wallet has generated significant speculation and interest in the crypto community. While the exact reasons for this transfer have not been disclosed, the historical context of the Foundation’s strategic sales and current market conditions suggest that it may be a precursor to later market activity

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Elon Musk’s X Platform Removes Bitcoin Hashmoji, Community Revolts The removal of BTC hashmoji by the X platform has sparked a wave of curiosity and discussion among crypto enthusiasts. The DOGE team and X insider DogeDesigner confirmed the change, stating that only the Bitcoin hashtag remains functional. Despite widespread speculation, no concrete explanation has been given as to the reasons for the change, leaving the crypto community in a state of shock. The removal of Bitcoin hashmoji did not go unnoticed. Influential figures such as JAN3 CEO Samson Mow, early Bitcoin advocate Jeremy , and trader @TheMoonCarl weighed in on the matter. Their reactions ranged from bewilderment to critical analysis, reflecting the broader sentiment within the community. The removal of hashmojis appears to be a universal practice across a variety of cryptocurrencies, adding another layer of curiosity. Elon Musk’s electric vehicle company Tesla still holds a significant amount of Bitcoin. According to Tesla’s Q1 2024 earnings report, the company still holds $184 million worth of Bitcoin. This is significantly down from the original $1.5 billion purchase in February 2021. This decision, which initially sent Bitcoin’s price to record highs, has Tesla continuing to hold Bitcoin on its balance sheet, despite the suspension of Bitcoin for vehicle payments due to environmental concerns. Tesla’s continued BTC holdings, despite their decline, show a cautious but sustained interest in the cryptocurrency market. By holding this asset, Tesla not only gains exposure to Bitcoin’s long-term potential, but also maintains its interest in the digital currency space. This approach takes a nuanced stance on institutional cryptocurrency investment, balancing environmental concerns with financial strategy. By focusing on legal, regulated payment systems, X aims to solidify its role in the digital financial ecosystem without the complexity of issuing a new cryptocurrency. Musk’s approach favors integrating established financial mechanisms rather than developing new digital assets.

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