🎯🎯🎯 Bitcoin Price Predictions by AI based on last 13 years price action data: 🔥🔥🔥

Short-term (by end of 2023): 🤏
- Bitcoin to rise from $30,000 to $40,000.
- Factors: Institutional accumulation, positive ecosystem developments, limited downside.

Short-term (early 2024): 🔼
- Bitcoin to reach $50,000-$60,000 pre-halving in April 2024.
- Factors: Halving anticipation, retail investor demand, potential short squeeze.

Medium-term (around 2025): 👀🐮
- Bitcoin ATH $100,000-$150,000.
- Factors: Institutional adoption rising, new products and services development, supportive regulatory clarity, Bitcoin's scarcity, macroeconomic turmoil hedging.

Long-term (post-ATH, possibly end of 2025): 🐻
- Bitcoin to consolidate around $40,000-$50,000.
- Factors: Profit-taking by some investors, increased miner selling, cautious investor attitude.

What you think, let me know in the comments... 🔥🔥😍😍😍

**Remember, this is a prediction and not financial advice. Actual Bitcoin prices may vary due to various factors.

$BTC #CryptoTalks #crypto #BinanceSquare #BinanceTournament

🐕🐾🔥 Shiba Inu: $100 to $1.6 Billions

If you had invested $100 in Shiba Inu at its first opening price and sold it at its all-time high, you would have made over $1.6 billion.👀👀👀

Shiba Inu was launched in August 2020 with an initial price of $0.000000000056. If you had invested $100 at that time, you would have purchased 1.8 trillion #SHIB tokens.
The price of SHIB reached its all-time high of $0.00008845 in October 2021. If you had sold your SHIB tokens at this time, you would have made over $1.6 billion.🚀🚀🚀

This is a staggering return on investment, and it is a testament to the volatility of the cryptocurrency market. However, it is important to note that past performance is not indicative of future results. It is also important to remember that investing in #cryptocurrency is a risky investment, and you should only invest money that you can afford to lose.🔥🔥🔥

Here is a table that summarizes your investment:🐮🐮🐮

Investment Purchase price Sale price Profit
$100 in SHIB $0.000000000056 $0.00008845 $1.6 billion

Please note that this is a hypothetical calculation, and it is not guaranteed that you would have made this much profit if you had actually invested in $SHIB

#crypto #BinanceSquare #TrendingTopic

👉👉👉 Curve (#CRV ) Bounces 40% From All-Time Low As Whales Go On Shopping Spree

Curve Finance's CRV Token: Recent Price Movement and Analyst Outlook

Curve Finance's CRV token recently experienced a significant 30% price drop following the liquidation of the CEO's lending positions, which exacerbated market volatility. This decline saw CRV plummet nearly 40% to an all-time low of $0.20 from its previous range of $0.35-$0.37. Despite initial concerns, Curve Finance took swift action to stabilize the token's price, leading to a weekend recovery that briefly reclaimed the $0.30 support level.

However, early this week, CRV slipped below this support, trading between $0.27 and $0.29. By Tuesday afternoon, positive momentum returned, with CRV recording nine consecutive hourly gains. As of the latest update, CRV has rebounded by over 40% from its low, briefly touching above $0.355 and currently trading around $0.33.

Whales seized the opportunity during the dip, accumulating over 50 million CRV tokens worth approximately $19.4 million. Notably, five of these whales were first-time accumulators, signaling renewed interest post-recovery.

Analysts remain bullish on CRV's future. Trader Follis expects strong performance, suggesting CRV could lead the way in doubling from recent lows despite the initial price drop.

CrediBull identified a bullish 5-wave pattern in CRV's price action, setting a near-term target of $2. Trader Sanchez also anticipates a significant bounce, interpreting the recent dip as part of a broader bullish trend.

Despite recent volatility, CRV has shown resilience and continues to attract positive forecasts from analysts, indicating potential for significant growth in the near future.

Source - newsbtc.com

#CryptoTrends2024 #BinanceSquareTalks #CryptoNews🚀🔥

🔥🔥🔥 #bitcoinprice Could Attempt to Recover Lost Ground But Faces Many Hurdles

Bitcoin's price is currently consolidating above the $64,000 mark, with potential for recovery if it surpasses the crucial $65,650 resistance zone.

Bitcoin recently initiated a minor rebound above $65,000. However, it remains below $65,500 and the 100-hourly Simple Moving Average. On the hourly chart of the BTC/USD pair from Kraken, a short-term contracting triangle is forming with resistance at $65,400.

After testing as low as $64,050, Bitcoin corrected some losses by climbing above $64,500. The bulls encountered resistance near the $65,500 level, hindering further upside progress. Despite this, the price managed to surpass the 23.6% Fibonacci retracement level of the recent decline from the $67,255 high to the $64,050 low.

As Bitcoin continues trading below $65,500, the immediate challenge remains at the $65,400 resistance and the triangle trend line. To resume an upward trend, BTC must decisively breach the $65,400 and $65,650 resistance levels. A successful move above $66,000 could trigger a sustained rally towards $66,550 and potentially higher to the $67,500 resistance.

Conversely, failure to surpass the $65,650 hurdle might prompt another downturn. Initial support lies near $64,850, followed by more substantial levels at $64,400 and $64,000. Further losses could lead Bitcoin towards the $63,200 support area in the near term.

Technical Indicators:

- Hourly MACD: Showing signs of losing bearish momentum.

- Hourly RSI (Relative Strength Index): Currently above the 50 level, indicating potential strength in the short term.

Key Levels to Watch:

- Major Support Levels: $64,400, $64,000

- Major Resistance Levels: $65,400, $65,650

This technical outlook underscores Bitcoin's current consolidation phase and the critical resistance levels that could dictate its next major move in the coming sessions.

Source - newsbtc.com

#CryptoTrends2024 #BinanceSquareBTC #CryptoMarkets

🔥🔥🔥 $XRP Price Stuck In Tiny Trading Range: Consolidation Phase Continues

XRP Price Faces Resistance Near $0.50

XRP is encountering resistance at the $0.50 mark and needs to settle above $0.50 and $0.510 to gain bullish momentum.

Current Price Movement

XRP recently started an upward move from $0.4765 and is now trading above $0.4850 and the 100-hourly Simple Moving Average. A short-term rising channel is forming with resistance near $0.500 on the hourly chart of the XRP/USD pair (Kraken data). The price could increase if it clears the $0.50 and $0.510 resistance levels.

Price Consolidation and Recovery

After extending losses below $0.50, XRP found support at $0.4765 and began to recover. It moved above the $0.4800 and $0.4850 resistance levels, surpassing the 50% Fibonacci retracement level of the recent decline from $0.5105 to $0.4765. Currently, XRP is trading above $0.4850 and the 100-hourly SMA but faces hurdles near $0.4980 and $0.50.

Bullish Scenario

A clear move above $0.50 could push XRP towards $0.510 and then $0.520. Closing above $0.520 may lead to further gains towards $0.5320 and potentially $0.550 and $0.5650.

Bearish Scenario

If XRP fails to clear $0.50, it might decline. Initial support is near $0.490 and the channel zone, with major support at $0.4840. A break below $0.4840 could drive the price below $0.4765.

Technical Indicators

- Hourly #MACD : Losing pace in the bullish zone.

- Hourly #RSI : Below 50.

Key Levels to Watch

- Support: $0.4840, $0.4765

- Resistance: $0.500, $0.510

XRP needs to clear key resistance levels to sustain its upward momentum and avoid further declines.

#BinanceSquareTalks #CryptoMarkets #CryptoTrends2024

💥💥💥 #bitcoin☀️ And Solana Brace For Quiet Q3: What #Cryptotraders Should Know

Cryptocurrency Market Analysis

- Crypto analyst Ansem recently discussed Bitcoin ($BTC ) and Solana ($SOL ), highlighting their current stability and potential future movements.

Market Outlook

- Ansem suggests Bitcoin and Solana may not see significant bullish movements until late in the third or fourth quarter. Both #Cryptocurrencies have held above March lows, indicating a consolidation phase, though other assets like Avalanche (AVAX) show signs of potential downtrends.

Technical Insights

- Bitcoin and Solana are maintaining stability above key support levels, but there's a risk of aligning with broader market downturns.

Scenarios

1. Outliers Status: BTC may consolidate between $58,000-$60,000, and SOL between $110-$120, assuming stabilization after sideways movement.

2. Market Downturn: Without outlier status, BTC could drop to $48,000-$52,000 and SOL to $85-$100, following broader market trends.

3. Market Peak: Ansem dismisses a market peak, expecting prolonged sideways movement and development in crypto applications.

Performance

- Bitcoin trades at $65,525, Solana at $135.81. Weekly trends show BTC down 6.4%, SOL down 14.3%, despite minor daily declines.

Altseason Potential

- Analyst Moustache anticipates an Altseason, advising strategic accumulation of quality #Altcoins👀🚀 amid positive signals for Bitcoin.

Conclusion

Ansem's analysis offers insights into crypto markets, highlighting consolidation phases and potential shifts for Bitcoin, Solana, and the broader market.

Source - newsbtc.com

#BinanceSquareBTC

🚀🚀🚀 #Chainlink ’s Ambitious Climb: $LINK Price Aims for Key Upside Break

Chainlink’s (LINK) price is consolidating above the $14.00 support level, with the potential to gain bullish momentum if it clears the $14.65 resistance zone.

Chainlink Price Eyes Additional Upsides

- In recent sessions, Chainlink has experienced a notable upward movement from the $13.00 zone, climbing above the $13.50 & $14.00 levels. Unlike Bitcoin, LINK bulls have been active.

- However, the price is encountering resistance around the $14.50 & $14.65 levels. A peak was reached at $14.63, & the price is now consolidating its gains. It remains above the 23.6% Fibonacci retracement level of the upward move from the $13.16 swing low to the $14.46 high.

- Chainlink is currently trading below the $15.00 level & the 100-hour simple moving average. A key contracting triangle is forming with resistance near $14.40 on the hourly chart of the LINK/USD pair (data source from Kraken).

- Immediate resistance lies near the $14.40 level or the triangle zone, with the next major resistance at $14.65. A clear break above $14.65 could trigger a steady increase toward the $15.00 level, with the next significant resistance at $15.20. Surpassing this could lead the price to test $15.85.

Potential for Another Decline

- If Chainlink fails to break the $14.40 resistance, it may decline, with initial support at $14.00 & major support at $13.80, near the 50% Fibonacci retracement level. Falling below this could test $13.50, with potential further losses to $13.15.

Technical Indicators

- Hourly #MACD : The MACD for LINK/USD is losing momentum in the bullish zone.

- Hourly #RSI (Relative Strength Index): The RSI for LINK/USD is currently above the 50 level.

Key Levels to Watch

- Major Support Levels: $14.00 & $13.80

- Major Resistance Levels: $14.40 & $14.65

Chainlink's price action suggests potential for significant gains if it can overcome key resistance levels, though it remains vulnerable to declines if it fails to do so.

Source - newsbtc.com

#CryptoTrends2024 #BinanceSquareTalks

💥💥💥 #shibaInu ($SHIB ) Jumps 4.28% in Unusual Price Recovery Stunt

Shiba Inu (SHIB) is currently spearheading the #memecoin🚀🚀🚀 resurgence, having surged by 4.28% in the past 24 hours to $0.0000187, according to CoinMarketCap. This marks the coin's first significant price increase since June 7, indicating that its worst days may be behind it.

Shiba Inu Metrics on the Rise

- As Shiba Inu gains bullish momentum, various ecosystem metrics are also showing positive trends. The SHIB burn rate has seen a 44.67% increase, with a total of 17,259,834 SHIB sent to burn addresses. Additionally, whale transactions, tracked by IntoTheBlock, have jumped by 45.81% in 24 hours, reaching $139.36 million. This increase in whale accumulation is crucial for Shiba Inu's overall market health.

Can SHIB Surpass the $0.00002 Resistance?

- With these encouraging metrics, the Shiba Inu community is optimistic about the coin flipping the $0.00002 resistance level to establish it as a new support in the short term. The coin dipped below this level on June 17, part of a 24.7% decline over the past month. Overcoming this resistance could help SHIB recover more of its lost value in the near future.

Leveraging Shiba Inu's Strengths

- Shiba Inu has positioned itself as a bridge between meme coins and more traditional assets in terms of gains. While it can be highly volatile, it also shows resilience at times, a dual quality that could allow it to decouple from Bitcoin's influence in the long term, similar to XRP. The Shibarium utility boost and other native Shiba Inu metrics further drive demand for the token, enhancing its appeal.

Overall, Shiba Inu's recent performance and metrics suggest a potentially positive outlook, with the possibility of reclaiming key resistance levels and driving future gains.

Source - u.today

#CryptoTrends2024 #BinanceSquareTalks #cryptocurrency

🔥🔥🔥 Institutional #DEFI players will bring commercial real estate #Onchain : KPMG exec

Institutional engagement in DeFi is evolving towards more controlled environments, according to Kunal Bhasin of KPMG. At the Toronto Collision Conference, Bhasin highlighted the growing interest among institutional investors in blockchain-tokenized shares of high-value commercial real estate, aiming to democratize ownership traditionally limited to deep-pocketed investors. He emphasized that while institutions value the efficiency of DeFi, they prioritize transparent participant identification and controlled transactions.

Bhasin cited examples like #Bitfinex Securities facilitating asset raises for properties such as a Hampton by Hilton hotel in #elsalvador . Despite successes like the #BlackRock USD Institutional Digital Liquidity Fund, challenges remain in broader adoption due to reputational risks associated with fraud and scams prevalent in the crypto industry.

Looking ahead, Bhasin predicted that financial institutions risk falling behind if they don't embrace crypto and digital assets, emphasizing the competitive advantage of early adoption. His insights highlight a shifting landscape where institutions cautiously explore DeFi while managing risks and leveraging tokenization to broaden ownership opportunities.

Source - cointelegraph.com

👉👉👉 What is zero-knowledge proofs? Understanding our digital shields

Zero-Knowledge Proofs (ZKPs) are pivotal in safeguarding online identities, particularly within Web3, using cryptographic protocols to verify statements without divulging sensitive data. Originating from the 1980s, ZKPs by Goldwasser, Micali, and Rackoff underpin digital privacy in transactions and communications, extending into physical asset verification.

In Web3, ZKPs uphold privacy in financial transactions by proving asset ownership without exposing full financial histories. They also secure identity verification across multiple chains, mitigating identity theft risks.

In physical transactions like real estate or art, ZKPs authenticate ownership or attributes without disclosing personal details, enhancing trust and privacy. They also benefit healthcare by protecting sensitive information, such as verifying student disabilities while preserving privacy.

ZKPs empower Web3 projects by enabling fair voting and token distribution without revealing identities, fostering democratic processes and preventing fraud.

As ZKPs gain adoption across industries, they promise to fortify digital interactions against data breaches and identity theft, becoming essential in the Web3 ecosystem.

Source - cryptobriefing.com

#CryptoNews🔒📰🚫 #BinanceSquareTalks #Web3

💥💥💥 Bitcoin ‘#Banana Zone’ is next if these 3 indicators play out

Bitcoin is poised to enter the "Banana Zone," a phase characterized by potentially significant price increases, according to Julien Bittel from Global Macro Investor (GMI). This transition, coined by GMI founder Raoul Pal, signals a period of anticipated bullish momentum.

However, analysts caution that several critical trends must reverse for a sustainable recovery:

1. Bitcoin Miner Selling: IT Tech from CryptoQuant highlights the need for decreased miner selling. Mining revenue has declined sharply since Bitcoin's peak at $73,679 in March, contributing to upward selling pressure.

2. Stablecoin Inflows: The absence of new #stablecoin issuances has reduced liquidity. Over two months, stablecoins held in exchange reserves dropped by nearly 10%, totaling $21.96 billion, impacting price stability.

3. Outflows from Spot #BitcoinETFs : Significant outflows from ETFs like Fidelity and Grayscale exacerbate selling pressure. Recent reports show substantial outflows, including $83.1 million from Fidelity and $62.3 million from Grayscale on June 18.

Bitcoin's current trading price is $64,966, reflecting a 2.35% decline over the past month and a 12% drop from its March peak of $73,679. Altcoins like Solana ($SOL ), Dogecoin ($DOGE ), and Shiba Inu ($SHIB ) have faced steeper losses recently, declining 8.23%, 11.67%, and 16.31% respectively over the past week.

While Bittel characterizes Bitcoin's recent price action as stagnant, suggesting a period of sideways movement, traders like Rekt Capital anticipate a potential price reversal with a break of the current downtrend line observed throughout June.

Source - cointelegraph.com

#CryptoTrends2024 #BinanceSquareTalks

👉👉👉 Trader #JasonPizzino Says Solana and One Additional Altcoin Will Be First To Break Out Into New Highs This Year

A well-regarded analyst predicts that altcoins demonstrating relative strength during the recent crypto downturn will be the first to reach new highs this year.

Jason Pizzino, addressing his 108,800 followers on X, states that he is monitoring altcoins displaying bullish higher low setups.

“Strong #Altcoins👀🚀 continue to hold their higher lows. If they maintain these levels, they will be the first to break out into new, fresh highs and/or all-time highs in the second half of 2024.”

In a recent video update, Pizzino shared a list of altcoins that are performing better amid the market correction, highlighting two in particular.

“I’ve got some stronger stuff… #Solana⁩ is definitely one of those… Pendle is also holding above its 50% retracement level, showing a reasonable weekly close above $5.60.”

Pizzino suggests that the current decline in altcoin prices provides a prime opportunity for long-term investors to accumulate promising projects in anticipation of a rally later this year. He emphasizes that although deep drawdowns have occurred in the past, resilient altcoins typically experience substantial gains once market conditions improve.

“It’s happened before. We got there in the end. Solana, I think, is a great one. If you don’t believe, look back at some of these charts that dropped 80% over four to six months… and then see how they have surged since then. And that surge can last quite a while.”

Source - cointelegraph.com

#CryptoNews🔒📰🚫 #BinanceSquareTalks

💥💥💥 Arkham posts $150K bounty to find creator of #DJT Trump token

Martin Shkreli, infamously known as "Pharma Bro," has claimed involvement in the creation of the Solana-based token DJT, which has sparked widespread speculation due to rumors suggesting it was "spearheaded" by #DonaldTrump's son.

During a June 18 X Spaces session, Shkreli disclosed that he was "helping a friend" launch the token in April. He mentioned that approximately 10 people were directly involved in its creation, with 40 to 50 people aware of the project. Listeners reported that Shkreli cited Barron Trump, Donald Trump's son, as one of the individuals in the know.

This revelation came four hours after Arkham Intelligence offered a $150,000 bounty for anyone who could definitively identify the creator of DJT. Arkham's bounty followed Shkreli's acceptance of a $100 million bet with prominent crypto trader GCR on whether the DJT token was "fake."

Arkham's bounty post on X stated, "Holy cow it, we ball. $150,000 to the first person to definitively prove the identity of the creator of $DJT." The notice emphasized the need for definitive evidence, with the possibility of accepting private proof that would be made public upon acceptance. High-profile blockchain investigator #zachxbt submitted a report, which reportedly influenced Shkreli's decision to host the X Spaces discussion.

The controversy over whether Trump or a family member launched DJT has sparked significant betting on #Polymarket , with nearly $1.9 million wagered. Initially, 17% of bets supported "Yes," but this dropped to 7% after Shkreli's X Space session.

The rumor about Trump's involvement originated from a tech blog Pirate Wires' post on X, which mentioned "conversations" but did not specify the sources. When questioned, Pirate Wires creator Mike Solana clarified he had not spoken directly with Trump and was "just reporting what I know via sources."

As of now, DJT is trading at $0.013, down more than 66% from its peak of $0.036 earlier in the week, according to Birdseye.

Source - cointelegraph.com

🔥🔥🔥 Hard To Be “Too Scared Of #Bitcoinprice Action,” Says Analyst. Here’s Why

Bitcoin Market Analysis: Relative Unrealized Loss

Decline in Relative Unrealized Loss

- November 2022 Bear Market: Relative Unrealized Loss peaked.

- Current Status: Metric close to zero, indicating negligible market losses relative to market cap.

Factors Contributing to the Decline

- Bitcoin Price Surge: Approaching a new all-time high (#ATH ), making the entire supply profitable and reducing Unrealized Loss to zero.

Current Market Insights

- Indicator’s Value: Remains low despite bearish price action, suggesting limited excessive buying at higher prices.

- Historical Context: Bull market tops typically see spikes in Unrealized Loss due to minimal price drops causing losses for late buyers. This pattern hasn’t emerged in the current cycle.

- Analyst Commentary: Checkmate noted, “It is hard for me to be too scared of Bitcoin price action when unrealized losses look like this,” indicating cautious optimism.

Bitcoin Price Update

- Current Trading Price: $65,481, continuing a #BEARISH📉 trend.

Source - newsbtc.com

#CryptoMarkets #BinanceSquareBTC $BTC

🔥🔥🔥 #binancecoin $BNB ) Falls Below Critical Support Level

As of the latest update, BNB is currently trading at $592.71, reflecting an 18% decline in value since June 6.

- Binance Coin Faces #BEARISH📉 Signals

Since reaching its year-to-date peak on June 6, BNB has undergone a downward trajectory, forming a descending triangle pattern.

A descending triangle typically signals bearish sentiment, characterized by lower highs and a horizontal support level. For BNB, this support rests at $593.90, a level it presently trades below. In such patterns, a failure by bulls to defend this support often precedes a bearish breakout, indicating a continuation of the downtrend as sellers outnumber buyers.

BNB's price is currently below its 20-day exponential moving average (EMA), signaling reduced buying pressure. This suggests increased coin distribution and a decline in buying interest, contributing to a bearish sentiment.

- BNB Price Prediction: Long Traders Maintain Optimism

Despite the recent price decline, BNB's futures open interest has seen a notable drop from its year-to-date peak of $1.12 billion on June 8 to $674 million as of now, marking a 33% decrease.

Futures open interest measures the total number of outstanding futures contracts yet to be closed or settled. A decline in open interest typically indicates more traders exiting the market without initiating new positions.

Despite these developments, BNB's funding rate across cryptocurrency exchanges remains predominantly positive at 0.0021%. Funding rates are mechanisms used in perpetual futures contracts to keep contract prices close to spot prices.

A positive funding rate indicates more traders holding long positions, signaling confidence in BNB's potential price increase. If selling pressures ease, BNB could potentially rebound above $600, aiming for around $615.10.

Conversely, sustained bearish sentiments might drive BNB's price further down towards the $555.90 mark.

Source - beincrypto.com

#CryptoMarkets #BinanceSquareAnalysis #BinanceSquareTalks

😳😳😳 #bitcoin falls below $66k, exchange activity rises

Bitcoin (BTC) has experienced a strong bearish momentum following three days of consolidation, leading to its price dropping below the $66,000 mark. As of now, Bitcoin is down 0.9% over the past 24 hours, trading at $65,600. This decline has also caused Bitcoin's market cap to fall below the $1.3 trillion mark for the second time this month. Despite the price drop, Bitcoin's daily trading volume has surged by 125%, reaching $36.3 billion.

Data from Santiment shows a significant increase in $BTC exchange inflow, which rose by 137% over the past day, from 19,172 BTC to 45,356 BTC.

Interestingly, the amount of Bitcoin leaving exchanges has also seen a notable increase. According to Santiment, BTC exchange outflow surged by 119% in the past 24 hours, rising from 19,871 BTC to 43,493 BTC.

The overall Bitcoin supply on exchanges increased from 937,240 BTC to 939,230 BTC over the past day, resulting in a net inflow of 1,863 BTC. This increase in inflows is happening as the broader cryptocurrency market is facing bearish momentum.

Additionally, the global #CryptoMarket capitalization has declined by 2.6% in the past 24 hours, currently hovering at $2.485 trillion, according to CoinGecko data. The price aggregator reports that 96% of the leading 300 #cryptocurrencies , including meme coins, are in the red zone.

According to Santiment, Bitcoin's relative strength index (RSI) is currently at 46, indicating that the leading cryptocurrency is slightly undervalued.

Source - crypto.news

#BinanceSquareBTC #CryptoTrends2024

🔥🔥🔥 #metalcore launches Barony guild system to enhance #PvP experience

Blockchain-based game MetalCore has introduced a new guild program called the Barony system, as announced by Studio 369, the developers of the game. This system allows players to form self-governed factions, known as Baronies, which enhance their gameplay through accelerated progression, resource sharing, and recruitment opportunities. Members of these Baronies can collaborate to dominate large-scale PvP faction wars.

Each Barony includes a comprehensive hierarchy of roles, from the supreme Baron leader to Ministers, Knights, Initiates, and more. Higher-tier "Premium Baronies" receive additional privileges, such as exclusive in-game events.

Several prominent gaming guilds, including Yield Guild Games, Merit Circle, W3GG, Perion, Ancient8 Gaming, and Avocado #DAO , are already establishing Baronies. These guilds, which collectively have over 100 million #gamers , are poised to take advantage of early unlocking benefits at launch.

Studio 369 plans to roll out the Barony system in #Q3 2024, ahead of MetalCore’s full release on PC and the Epic Games Store.

Source - cryptobriefing.com

👉👉👉 The #bitcoin☀️ Developer Who Lost 25,000 $BTC

As an early adopter and significant contributor to Bitcoin's growth, his experiences underscore the critical importance of robust security measures. His story serves as a poignant reminder of the vulnerabilities early Bitcoin users faced.

Bitcoin Developer's Loss of 25,000 BTC

During Bitcoin's nascent stages, when the cryptocurrency traded for less than $0.05, a developer known as ALLINVAIN mined and traded Bitcoin. By 2010, he launched one of the pioneering Bitcoin exchanges, Bitcoin Express, enabling users to purchase Bitcoin using PayPal.

In the early days, he sold 1,000 BTC for just $5 and mined around 1,200 BTC daily with a laptop. By 2011, increased mining participation drastically raised difficulty levels. He supported the Bitcoin economy by facilitating the purchase of tangible goods, such as acting as a purchasing agent for Canadian users buying coffee cards. His active participation earned him the title of a "Bitcoin whale," amassing over 25,000 BTC.

In early 2011, Bitcoin surged to $30, marking its first major price bubble, valuing ALLINVAIN's holdings at about $500,000. However, on June 13, 2011, he suffered a devastating blow when 25,000 BTC was illicitly transferred from his wallet, now valued at approximately $1.6 billion. ALLINVAIN admitted a security lapse, suspecting his unencrypted wallet file was compromised by a trojan virus disguised as mining software.

News of the theft spread rapidly worldwide, attracting coverage from Forbes, which dubbed it the first significant Bitcoin theft. Despite conspiracy theories suggesting otherwise, ALLINVAIN took responsibility, attributing the incident to inadequate security practices.

Despite setbacks, ALLINVAIN stayed engaged in the Bitcoin community and later ventured into hosted mining to rebuild holdings. His experience underscores the importance of securing private keys offline and following strict personal security protocols for Bitcoin users.

Source - beincrypto.com

#CryptoTrends2024 #BinanceSquareTalks #CryptoMarkets

💥💥💥 Top Analyst Predicts Massive Bullish Breakout for $XRP Amid Coiling Pattern

XRP's current chart pattern suggests a potential breakout and surge beyond the $20 mark, driven by narrowing trading ranges and converging price movements. This coiling pattern, coupled with declining trading volumes, indicates a probable upward trajectory in the near term.

In addition to technical indicators, experts are optimistic about XRP's future price performance. One analyst forecasts a substantial rise from its current level around $0.50 to a range between $50 and $200. This bullish outlook reflects expectations of significant growth, potentially surpassing previous all-time highs.

Even analysts with a more neutral stance acknowledge XRP's resilience, noting its ability to maintain critical horizontal support levels. This consistency adds credibility to the positive projections for XRP's price movement.

Fundamentally, XRP possesses several strengths that could bolster its value. It enjoys legal clarity as it is recognized as not being a security in the United States. Moreover, its practical applications in real-world scenarios, utilizing advanced #XRPL technology, and partnerships with major financial institutions and corporations, contribute significantly to its appeal. XRP's efficiency in facilitating global fund transfers, strong community backing, and the expertise of Ripple's team further position it as a pivotal player in the financial sector, enhancing its potential for substantial growth.

Source - cryptonewsland.com

#cryptotrend2024 #BinanceSquareTalks #CryptoMarkets

🔥🔥🔥 #zkSync (ZK) Drops 20% Amid #Binance Listing And New Token Distribution Program

ZkSync's ZK Token Launch Controversy

- ZkSync, Ethereum's Zero-Knowledge #Layer2 scaling solution, faced controversy with its ZK token launch and airdrop. Initially, the announcement of the airdrop drew significant backlash from investors and the crypto community.

Airdrop Backlash and Criticism

- ZK Nation's plan to distribute 3.6 billion ZK tokens to 695,000 addresses sparked dissatisfaction. Many users received fewer tokens than expected, with some high-volume users reportedly receiving less than others with lower activity levels. Projects like Element and zkApes voiced frustration at being excluded despite generating substantial gas fees.

Anti-Sybil Filtering Concerns

- Criticism intensified due to perceived weaknesses in anti-Sybil filtering. Approximately 80 million ZK tokens were distributed to 47,000 suspected Sybil addresses, raising concerns about fairness and security.

Community Response and Clarifications

- ZK Nation addressed community concerns, clarifying issues around project exclusions, user eligibility, and Sybil detection methods. They defended their approach while acknowledging compromises in Sybil detection accuracy.

Binance Intervention and Distribution Program

- Binance intervened by announcing ZK listing and a new distribution program. This initiative aims to distribute 10.5 million ZK tokens to 52,000 users meeting specific transaction criteria, addressing community dissatisfaction.

Market Performance and Reaction

- Following its debut at $0.30, ZK's price briefly spiked to $0.32 before settling at $0.24, marking a 21% decrease. Despite volatility and mixed reactions, ZK's market cap is $900 million, with a fully diluted value of $5.1 billion.

Conclusion

ZkSync's ZK token launch highlights challenges in token distribution and community engagement. Despite initial setbacks, stakeholders remain cautiously optimistic about ZK's potential in the crypto market.

#CryptoTrends2024 #BinanceSquareAnalysis