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The crypto market faced turbulence as news surfaced about Mt. Gox's scheduled repayments starting next month, leading to a noticeable dip in Bitcoin's market stance. On June 24, 2024, Bitcoin's dominance saw a significant drop, the most considerable decline in five months, which heightened the market's anxiety. Bitcoin’s price fell nearly 5% on the same day, with values tumbling under $59,000 at one point. The cryptocurrency, typically less volatile than its peers, reacted sharply to the announcement that the defunct Mt. Gox exchange would begin distributing 140,000 BTC to its hack victims in July. This news sparked fears of a potential flood of Bitcoin hitting the market, which could drive prices down due to the sudden increase in supply . #CryptoTradingGuide #bitcoin #Binance $BTC $ETH $SOL
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Binance platform unveils the new Airdrop, Lista. After the first airdrop of the BB coin, which was launched by Binance, the new “Megadrop”, where different amounts of BB coins were distributed to users who kept BNB coins in the Earn wallet for a period of more than 15 days. The second airdrop was already announced today, which was dedicated to the LISTA project and coin Lista (LISTA), is a liquidity storage protocol with a decentralized stablecoin. Information and details about the Lista project: Lista (LISTA) is set to attract significant interest in the cryptocurrency community. The Lista project and LISTA coin have a maximum supply of 1,000,000,000 LISTA. Of this amount, 10% (100,000,000 LISTA) is allocated to Binance Megadrop rewards. The initial circulating supply will be 230,000,000 LISTA, which represents 23% of the maximum coin supply. $LISTA $BTC $BNB #FavoriteToken #AirdropGuide #BinanceTournament" #Binance #nft
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MicroStrategy (MSTR) has expanded its bitcoin portfolio through the acquisition of 11,931 additional transactions against $786 million, with an average cost of $65,883 per bitcoin, as revealed in the company's official document filed with the Securities and Exchange Commission (SEC) on Thursday. Michael Saylor, the founder and CEO of MicroStrategy, said that the company invested approximately 8.33 billion dollars for a total of 226,331 bitcoins, with an average purchase price of 36,798 dollars per bitcoin. $BTC $ETH $BNB #FavoriteToken #Binance #BTC #bitcoin
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Bitcoin miners are entering the longest selling period since 2017. Bitcoin miners have entered into an open selling period not seen since 2017, on-chain data indicates. According to an analysis by James Van Stratten, lead analyst at Crypto Slate, dated June 17, the Bitcoin market is now going through a 33 day labor capitulation period, which historically lasts an average of 41 days. Activation of the selling phase by Bitcoin miners The phenomenon of miner capitulation occurs when miners are forced to shut down their machines and/or sell their Bitcoin to avoid huge losses, indicating that their business operations are unprofitable at the same time. $BTC $ETH $BNB #FavoriteToken #Binance #BTC #bitcoin
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Binance has expanded its trading options by introducing new trading pairs for NOT/USD and WIF/USD. As of today, Notcoin will be traded against the Brazilian Real (BRL) and Dogwifhat against the Euro (EUR). Meanwhile, the value of NoteCoin rose by up to 16% in the past few hours after the trading pair was listed. The token has risen by 10% in the last 24 hours, and is trading at $0.018. It is among the biggest winners today, while its market value has risen to $1.84 billion. $NOT $BTC $ETH
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