LIVECrypto Emergency
@CryptoEmergency
Crypto Emergency is a crypto-social network where you will find answers to any questions about cryptocurrencies, blockchain technologies. [crypto-emergency.com]
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Hello Binance Feed!🤩
We are here to share interesting news with you, our project was created to help crypto beginners and educate web3 among web2, so we are glad to be here and benefit readers!🤘
We have our own large ecosystem, including our own CEM blockchain and a multi-currency crypto wallet.
Beginners and experts receive rewards for actions on our platform, so learning and helping each other on our platform is profitable!🤑
We are here to share interesting news with you, our project was created to help crypto beginners and educate web3 among web2, so we are glad to be here and benefit readers!🤘
We have our own large ecosystem, including our own CEM blockchain and a multi-currency crypto wallet.
Beginners and experts receive rewards for actions on our platform, so learning and helping each other on our platform is profitable!🤑
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Aksakov called for a ban on Hamster Kombat in Russia
Hamster Kombat, a super popular tapping game on Telegram, is being vigorously discussed not only by your friends, but also by government agencies
The head of the State Duma Committee on the Financial Market, Anatoly Aksakov, proposed banning Hamster Kombat in Russia. According to him, the game may turn out to be another fraudulent scheme that negatively affects citizens.
Hamster Kombat, a super popular tapping game on Telegram, is being vigorously discussed not only by your friends, but also by government agencies
The head of the State Duma Committee on the Financial Market, Anatoly Aksakov, proposed banning Hamster Kombat in Russia. According to him, the game may turn out to be another fraudulent scheme that negatively affects citizens.
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Lazarus hackers have come up with a new fraud scheme
The hacker group Lazarus, linked to the North Korean government, has come up with a new scam. Employers in the cryptocurrency industry are at risk
A recent investigation by DL News showed that fake candidates with fake resumes are applying for vacancies in cryptocurrency companies. Increasing evidence indicates that most of the candidates are North Korean citizens. And they have one goal - to steal data and cryptocurrencies.
The hacker group Lazarus, linked to the North Korean government, has come up with a new scam. Employers in the cryptocurrency industry are at risk
A recent investigation by DL News showed that fake candidates with fake resumes are applying for vacancies in cryptocurrency companies. Increasing evidence indicates that most of the candidates are North Korean citizens. And they have one goal - to steal data and cryptocurrencies.
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TON developers will “build a bridge” to Bitcoin
According to the statement, the TON Teleport BTC solution is designed to involve the owners of the first cryptocurrency in DeFi activities.
The infrastructure will allow interaction with decentralized exchanges, lending platforms and other applications in the TON ecosystem.
Every BTC on TON will be backed by real Bitcoin through a teleportation process to carry out transactions.
The launch of TON Teleport BTC is expected “later” this year.
According to the statement, the TON Teleport BTC solution is designed to involve the owners of the first cryptocurrency in DeFi activities.
The infrastructure will allow interaction with decentralized exchanges, lending platforms and other applications in the TON ecosystem.
Every BTC on TON will be backed by real Bitcoin through a teleportation process to carry out transactions.
The launch of TON Teleport BTC is expected “later” this year.
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The Uniswap browser extension has become available to all users
Market participants can create a new wallet or import an existing one. The extension works with 11 networks - Arbitrum, Avalanche, Base, Blast, BNB Chain, Celo, Ethereum, Optimism, Polygon, ZKsync and Zora Network.
Market participants can create a new wallet or import an existing one. The extension works with 11 networks - Arbitrum, Avalanche, Base, Blast, BNB Chain, Celo, Ethereum, Optimism, Polygon, ZKsync and Zora Network.
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Notcoin (NOT) price is recovering from its recent drawdown, breaking through the downtrend line. Sustained positive NOT funding rate values indicate strong bullish sentiment among traders.
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Trump to speak at Bitcoin 2024 conference despite assassination attempt
2024 US presidential candidate Donald Trump will speak at the Bitcoin 2024 conference despite the assassination attempt that took place on July 13, 2024.
Participants in the crypto community believe that the politician’s decision can support the growth of the digital asset market.
On July 13, 2024, Trump was assassinated in Butler, Pennsylvania. The politician was targeted by 20-year-old Thomas Matthew Crooks of Bethel Park.
Trump escaped with a scratch on his ear, while one rally participant was killed and two were wounded. The media drew attention to the fact that the politician remained alive thanks to an accidental movement of his head.
2024 US presidential candidate Donald Trump will speak at the Bitcoin 2024 conference despite the assassination attempt that took place on July 13, 2024.
Participants in the crypto community believe that the politician’s decision can support the growth of the digital asset market.
On July 13, 2024, Trump was assassinated in Butler, Pennsylvania. The politician was targeted by 20-year-old Thomas Matthew Crooks of Bethel Park.
Trump escaped with a scratch on his ear, while one rally participant was killed and two were wounded. The media drew attention to the fact that the politician remained alive thanks to an accidental movement of his head.
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Notcoin and 1inch will launch a project for Telegram
The accelerator is called Triangle. The project is aimed at attracting developers who want to create mini-applications based on Telegram and TON. The main goal is to improve the user experience and connect Web2 with Web3.
The first mentors of the project will be Sign CEO Xing Yang, 1inch co-founder Anton Bukov, Berachain founder under the pseudonym Smokey and Layer Zero CEO Max Power. In addition, they will include several Notcoin representatives.
TON is now considered one of the most popular networks in the entire crypto industry.
Its native token Toncoin ranks ninth in the top of the largest cryptocurrencies by capitalization. The number of holders of this asset worldwide recently exceeded 35 million people.
The accelerator is called Triangle. The project is aimed at attracting developers who want to create mini-applications based on Telegram and TON. The main goal is to improve the user experience and connect Web2 with Web3.
The first mentors of the project will be Sign CEO Xing Yang, 1inch co-founder Anton Bukov, Berachain founder under the pseudonym Smokey and Layer Zero CEO Max Power. In addition, they will include several Notcoin representatives.
TON is now considered one of the most popular networks in the entire crypto industry.
Its native token Toncoin ranks ninth in the top of the largest cryptocurrencies by capitalization. The number of holders of this asset worldwide recently exceeded 35 million people.
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Slowing inflation in the US: how Bitcoin (BTC) reacts
In June, the consumer price index (CPI) showed an unexpected decline. Against forecasts for growth of 0.1%, it decreased by 0.1% compared to May, when zero growth was recorded.
Excluding food and energy prices, the index rose 0.1% month-on-month and 3.3% year-on-year. This is slightly higher than the 0.2% and 3.4% recorded in May. Analysts predicted a slowdown in annual growth to 3.4% and monthly growth to 0.2%. However, actual data differed from expectations.
According to Michael Brown, senior research strategist at Pepperstone Group, CPI data increasingly hints that the Federal Reserve will cut its key interest rate as early as September.
In June, the consumer price index (CPI) showed an unexpected decline. Against forecasts for growth of 0.1%, it decreased by 0.1% compared to May, when zero growth was recorded.
Excluding food and energy prices, the index rose 0.1% month-on-month and 3.3% year-on-year. This is slightly higher than the 0.2% and 3.4% recorded in May. Analysts predicted a slowdown in annual growth to 3.4% and monthly growth to 0.2%. However, actual data differed from expectations.
According to Michael Brown, senior research strategist at Pepperstone Group, CPI data increasingly hints that the Federal Reserve will cut its key interest rate as early as September.
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Binance remains the most popular cryptocurrency exchange in the world
Similar Lab researchers studied the popularity of the world's leading centralized cryptocurrency exchanges (CEX). They noted that the most prominent marketplaces showed some changes in web traffic in June 2024. Binance continues to lead the sector with 64.6 million visits, despite a 1.35% decline. This platform was in greatest demand among citizens of China, Argentina and Ukraine.
In 2nd place was Coinbase, which recorded 34.5 million visits, but its traffic decreased by 10.5%. It was in greatest demand among citizens of the USA, Great Britain and Germany. Bybit took 3rd place with 33.4 million, showing an increase of 9.73%. Its main clients were residents of Russia, Japan and Ukraine.
OKX also showed positive dynamics, increasing its traffic by 8.45% and reaching 29.4 million visits. At the same time, Bitget recorded a result of 30 million. This value decreased by 3.46%. HTX and Kraken also saw slight traffic declines of 0.81% and 5.36% respectively, with totals of 19.7 million and 8.07 million.
Similar Lab researchers studied the popularity of the world's leading centralized cryptocurrency exchanges (CEX). They noted that the most prominent marketplaces showed some changes in web traffic in June 2024. Binance continues to lead the sector with 64.6 million visits, despite a 1.35% decline. This platform was in greatest demand among citizens of China, Argentina and Ukraine.
In 2nd place was Coinbase, which recorded 34.5 million visits, but its traffic decreased by 10.5%. It was in greatest demand among citizens of the USA, Great Britain and Germany. Bybit took 3rd place with 33.4 million, showing an increase of 9.73%. Its main clients were residents of Russia, Japan and Ukraine.
OKX also showed positive dynamics, increasing its traffic by 8.45% and reaching 29.4 million visits. At the same time, Bitget recorded a result of 30 million. This value decreased by 3.46%. HTX and Kraken also saw slight traffic declines of 0.81% and 5.36% respectively, with totals of 19.7 million and 8.07 million.
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Lionel Messi promotes memcoins
Argentine footballer Lionel Messi attracted the attention of the cryptocurrency community with an unexpected story on Instagram* (a social network banned in Russia), in which he advertised the memecoin WaterCoin (WATER), created on the basis of Solana.
Recently, celebrity accounts on social networks are increasingly being hacked. Thus, football legend Lionel Messi, whose audience on Instagram* has more than 504 million subscribers, has probably fallen under the radar of scammers. However, not everything is so simple.
On July 8, an unusual story appeared on Messi’s profile - an advertisement for the WATER memecoin. Due to recent celebrity hacks, many immediately assumed that a football player had been hacked. However, the next day he did not delete the publication and did not leave any comments about the fact that attackers had access to his profile.
Argentine footballer Lionel Messi attracted the attention of the cryptocurrency community with an unexpected story on Instagram* (a social network banned in Russia), in which he advertised the memecoin WaterCoin (WATER), created on the basis of Solana.
Recently, celebrity accounts on social networks are increasingly being hacked. Thus, football legend Lionel Messi, whose audience on Instagram* has more than 504 million subscribers, has probably fallen under the radar of scammers. However, not everything is so simple.
On July 8, an unusual story appeared on Messi’s profile - an advertisement for the WATER memecoin. Due to recent celebrity hacks, many immediately assumed that a football player had been hacked. However, the next day he did not delete the publication and did not leave any comments about the fact that attackers had access to his profile.
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The cryptocurrency market cannot get out of the negative background:
The cryptocurrency market cannot get out of the negative background:
1️⃣ “Fear and Greed Index” is at level 27 (fear).
2️⃣ BTC sentiment among X, Reddit, Telegram, 4Chan and BitcoinTalk traders this week is the most bearish in a year.
3️⃣ BTC holders have decreased by ~566,000 in the last 3 weeks - they are scared and selling.
When the crowd exhibits FUD at this level, the likelihood of a rebound catching most by surprise increases.
The cryptocurrency market cannot get out of the negative background:
1️⃣ “Fear and Greed Index” is at level 27 (fear).
2️⃣ BTC sentiment among X, Reddit, Telegram, 4Chan and BitcoinTalk traders this week is the most bearish in a year.
3️⃣ BTC holders have decreased by ~566,000 in the last 3 weeks - they are scared and selling.
When the crowd exhibits FUD at this level, the likelihood of a rebound catching most by surprise increases.
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Market sentiment is approaching extreme fear zone
The index of fear and greed in the cryptocurrency market has reached its lowest value in the last year and a half
Currently, the fear and greed index is 29 points and is in the “fear” zone.
After short periods of strong volatility, June began with the index value in the range from 70 to 74. However, by the end of the month, the index began to fall rapidly along with the rate of the first cryptocurrency by capitalization - Bitcoin (BTC).
For the first time since January 2023, the fear and greed index dropped to 29 points. Then, after the collapse of the FTX crypto exchange, the arrow dropped to 21, and Bitcoin was trading at levels below 25 thousand dollars.
The index of fear and greed in the cryptocurrency market has reached its lowest value in the last year and a half
Currently, the fear and greed index is 29 points and is in the “fear” zone.
After short periods of strong volatility, June began with the index value in the range from 70 to 74. However, by the end of the month, the index began to fall rapidly along with the rate of the first cryptocurrency by capitalization - Bitcoin (BTC).
For the first time since January 2023, the fear and greed index dropped to 29 points. Then, after the collapse of the FTX crypto exchange, the arrow dropped to 21, and Bitcoin was trading at levels below 25 thousand dollars.
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Pavel Durov: “In 3 months, Hamster Kombat gained 239 million users and became the fastest growing digital service in the world.
It took Hamster Kombat only 73 days to reach 100 million monthly users. Hamster Kombat adds 4-5 million new users every day, making it the fastest growing digital service in the world.
As I said a few months ago, a new wave of mini-apps is coming to Telegram, and Hamster Kombat is currently leading the way. Its amazing growth is a testament to the viral potential of the Telegram mini-app platform.
Soon the Hamster team will release their token on the TON blockchain and introduce hundreds of millions of people to the benefits of the blockchain. A new era is dawning, and we are seeing it arrive in real time."
It took Hamster Kombat only 73 days to reach 100 million monthly users. Hamster Kombat adds 4-5 million new users every day, making it the fastest growing digital service in the world.
As I said a few months ago, a new wave of mini-apps is coming to Telegram, and Hamster Kombat is currently leading the way. Its amazing growth is a testament to the viral potential of the Telegram mini-app platform.
Soon the Hamster team will release their token on the TON blockchain and introduce hundreds of millions of people to the benefits of the blockchain. A new era is dawning, and we are seeing it arrive in real time."
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Ethereum price failed to continue rising above the resistance levels of $3,450 and $3,420. ETH began another decline below the $3,320 support zone, as did Bitcoin. There was a move below the support levels of $3,250 and $3,220.
The price fell by 5% and even tested support at $3,150. The low was formed at $ 3156, and now the price is consolidating losses. There was a movement above the resistance level of $3200. The price is now testing the 23.6% Fibonacci retracement level of the downward movement from the high of $3,426 to the low of $3,156.
Ethereum is trading below $3,300 and the 100-hour simple moving average. If a recovery wave begins, the price may encounter resistance near the $3,250 level. The first major resistance is near the $3,300 level or the 50% Fibonacci retracement level of the downward move from the $3,426 high to $3,156 low.
The price fell by 5% and even tested support at $3,150. The low was formed at $ 3156, and now the price is consolidating losses. There was a movement above the resistance level of $3200. The price is now testing the 23.6% Fibonacci retracement level of the downward movement from the high of $3,426 to the low of $3,156.
Ethereum is trading below $3,300 and the 100-hour simple moving average. If a recovery wave begins, the price may encounter resistance near the $3,250 level. The first major resistance is near the $3,300 level or the 50% Fibonacci retracement level of the downward move from the $3,426 high to $3,156 low.
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Paraguayan energy companies increased tariffs for miners by 14%
Paraguay's National Electricity Authority (ANDE) has announced a 14% increase in electricity tariffs for cryptocurrency mining companies. This has threatened the mining industry in Paraguay. ANDE explained the increase in tariffs by saying that mining companies consume too much electricity. The agency's actions prompted an immediate response from Senator Salyn Buzarquis. He criticized ANDE for being unfair to mining companies that have already invested huge amounts of capital in Paraguay.
Andy Yasmin, vice-president of the Paraguayan Chamber of Miners, said industrial companies were already starting to leave the country due to rising electricity tariffs. Yasmin added that one of the companies refused an investment of $400 million because it was counting on stable tariffs until at least 2028. Hasmin did not specify the name of the company.
Paraguay's National Electricity Authority (ANDE) has announced a 14% increase in electricity tariffs for cryptocurrency mining companies. This has threatened the mining industry in Paraguay. ANDE explained the increase in tariffs by saying that mining companies consume too much electricity. The agency's actions prompted an immediate response from Senator Salyn Buzarquis. He criticized ANDE for being unfair to mining companies that have already invested huge amounts of capital in Paraguay.
Andy Yasmin, vice-president of the Paraguayan Chamber of Miners, said industrial companies were already starting to leave the country due to rising electricity tariffs. Yasmin added that one of the companies refused an investment of $400 million because it was counting on stable tariffs until at least 2028. Hasmin did not specify the name of the company.
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The NFT sector posted its worst performance in June
June saw a sharp decline in the value of non-functioning tokens (NFTs), once considered the future of digital collectibles. According to cryptanalytic platform Artemis, the NFT sector performed the worst among 21 sectors with a staggering 51.5% drop.
This trend raises concerns about the sustainability of the NFT market.
June saw a sharp decline in the value of non-functioning tokens (NFTs), once considered the future of digital collectibles. According to cryptanalytic platform Artemis, the NFT sector performed the worst among 21 sectors with a staggering 51.5% drop.
This trend raises concerns about the sustainability of the NFT market.
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🚨 Bitcoin Drops Below $62,000, Poised for a Major Rebound 🚨
1️⃣ Current Price Dip
Bitcoin has fallen below $62,000, causing concern among investors.
2️⃣ PlanB’s Analysis
PlanB, a renowned analyst, uses the stock-to-flow (S2F) model.
He highlights Bitcoin’s current price hovering around the five-month actual price of ~$65,000.
3️⃣ Significance of Actual Price in Bull Markets
Historically, Bitcoin rarely falls below its five-month actual price during bull markets.
This price level serves as a strong support line.
Bitcoin is expected to rebound from the $65,000 level.
4️⃣ Relative Strength Index (RSI)
RSI is a key momentum indicator to assess if an asset is overbought or oversold.
PlanB predicts that RSI values will align with peak levels from previous cycles.
This suggests exponential returns for Bitcoin.
5️⃣ Future Market Behavior
PlanB believes the current bull market will see exponential gains, not diminishing returns.
RSI values could rise above 80, similar to the cycles in 2013, 2017, and 2021.
📊 With Bitcoin’s current price around $61,785 and a slight decline of over 2% in the past 24 hours, the coming days will reveal if Bitcoin will recover as predicted. Historical trends provide a compelling case for an optimistic outlook.
📌 Stay tuned for more crypto insights! 👍
Disclaimer: This post is for informational purposes only and should not be considered financial advice.
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