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#BounceBit #ShortLink

Bitcoin's biggest drop since the collapse of the FTX empire

Bitcoin price dropped the most since Sam Bankman-Fried's#FTX"empire" collapsed in November 2022.

Bitcoin price plummeted more than 14% in April, ending a streak of impressive growth that lasted since the beginning of the year. Currently, this digital currency is trading around the 60,200 USD/BTC mark, significantly lower than the peak of 74,000 USD reached in March.

The sharp decline of Bitcoin led to the decline of the entire cryptocurrency market. The overall market capitalization of cryptocurrencies has dropped to $2,000 billion, losing an important milestone after months of growth.

Many reasons are believed to lead to Bitcoin's strong price decline:

Declining expectations of Fed interest rate cuts: The Fed's tightening monetary policy causes capital to flow out of risky investment channels such as cryptocurrencies.

Investor disappointment in Bitcoin ETFs in the US: Capital inflows into Bitcoin ETFs in the US decreased sharply, showing a decline in investor interest in this digital currency.

Bitcoin halving event does not bring positive impact as expected: Bitcoin halving, which takes place every 4 years, marks a reduction in the supply of new Bitcoin on the market, however this event does not bring a boost to the price Bitcoin as expected by many investors.

The launch of Bitcoin ETFs in Hong Kong was not successful: Although expected to create new resources for the market, Bitcoin ETFs in Hong Kong have low trading volume and do not attract much attention. investors' attention.

#ShortLink #Bitcoin

At this time, I'm just going to be in seclusion to monitor the situation 🙃

$REZ and another pain from Launchpool Binance.

Binance's recent Launchpool projects do not seem very promising. The most popular is $OMNI and the most recent is Renzo.

After #Rez listed on the floor, many people bought it right away at 0.18 or 0.19 and thought it was a good price. As for those who bought at 0.2 or even 0.289, there is no discussion.

However, at the time of writing these lines, just a few hours after listing Rez has dropped to 0.16.

Looking at the whole market, almost everything is plummeting. BNB price also recorded a deep decrease. What's happening with Binance?

At 7:00 p.m. tomorrow, April 30 (Vietnam time), $REZ will officially be listed on Binance after the 6-day Launchpool will end at 06:59 on April 30, 2024 (Vietnam time).

What many people are interested in is how much will #Renzo cost when listed? And should I buy right after going public?

#ShortLink According to personal opinion and monitoring the number of tokens farmed from this Lauchpool round, REZ price will likely be around 0.14 - 0.3 when listed.

What do you think? How much will REZ cost?

What's happening at the fourth Bitcoin halving event?

On April 20, 2024, at 10:00 Vietnam time, the fourth Bitcoin halving event occurred. This is the fourth time the Bitcoin network has reduced the reward for miners by half, from 6.25 to 3,125 Bitcoins, after the 840,000th block was mined.

Bitcoin halving is part of the programming structure of the Bitcoin network, intended to control its growth rate and prevent inflation. After every 210,000 blocks mined, the reward for miners will be halved. This is called Bitcoin halving and happens every four years. This process creates scarcity and removes unproductive miners from the Bitcoin network.

Ahead of the halving, Bitcoin prices experienced major fluctuations, falling from $70,000 to $67,000 a week earlier. On April 19, the price even dropped below 60,000 USD before rising to 63,000 USD on the morning of April 20. Over the past 24 hours, Bitcoin price has increased by about 1.16%.

However, although some post-halving developments can be predicted based on experience from previous halvings, the market is currently witnessing many unpredictable fluctuations. Some experts emphasize that it is impossible to accurately predict the future price of Bitcoin due to many factors such as conflicts and inflation that can affect the market.

Despite these fluctuations, the cryptocurrency community remains optimistic about the impact of Bitcoin halving. Some investors, like billionaire Tim Draper, believe that this event will push the price of Bitcoin up by $25,000. However, there are also concerns about the negative impact of Bitcoin halving 2024.

#ShortLink

Something is wrong with $OMNI

Lowest price 24h: 1.00
Highest price 24: 55.50

Tell me the truth, how many All-in-and-out guys today?

#ShortLink #OMNI

$OMNI DON'T BUY NOW!

$SAGA after being listed on #Binance had quite spectacular growth in the first hours. The actual market entry level is somewhere around $4.7. At the time of writing this article, the price #Saga is struggling at the $7200 mark, an extremely impressive start!

How much profit did you make from Saga after this token was listed? And predict what price Saga will reach in the next 24 hours?

#ShortLink #NewListings

Bitcoin price has skyrocketed, surpassing the 72,000 mark

This good news excited investors, especially Michael Saylor, Chairman of MicroStrategy. Mr. Saylor, a strong advocate of Bitcoin, has called for “buying” amid rising prices.

After a period of slight decline, #Bitcoin has regained its form and grown steadily. Since April 3, the price has increased from a low of $64,500 to over $72,000 – a sign of market confidence in the cryptocurrency.

According to broker Benchmark, MicroStrategy, which owns a huge amount of Bitcoin, could benefit greatly from the halving. They predict MicroStrategy's stock price will soar and the company will hold even larger amounts of Bitcoin by the end of 2025.

Bitcoin is on a strong growth trajectory, and the upcoming halving event could push the price even higher. Michael Saylor's advice to "buy" is a suggestion worth considering for investors who want to participate in this potential market.

However, please note that the final decision is still yours and I have no intention of 'leading' or 'chasing' anything. I even want to warn you about the big risks when following temporary trends like this. Be a calm and thoughtful investor before making a decision.

Follow #ShortLink if you find the information useful. Thank you!

$SAGA will be listed and traded on #Binance sooner than expected

According to the official announcement from Binance, the trading start time for Saga (SAGA) was previously expected to be 14:00 (UTC), Vietnam time is 21:00.

However, perhaps because the attraction to #SAGA and the interest of cryptocurrency investors is so great, Binance decided to increase the Saga trading time earlier than previously announced.

Specifically, Saga will be officially listed and allowed to trade on Binance from 8:00 (UTC). Vietnam time is 15:00.

Follow #ShortLink if you find the information useful. Thank you!

ENA is gradually proving to be one of the tokens that should be in your investment portfolio in 2024. As #ShortLink predicted, the price #ENA will soon surpass the 1.32 mark to move towards 1.5 in the near future.

Currently, ENA price in the past 24 hours has skyrocketed, the highest price in the past 24 hours has sometimes reached 1,245.

It seems like the reward for farming $SAGA is less than ENA on Launchpool. However, the fact that #SAGA is about to be listed is receiving more attention than ever, and what people want to know most is what the price of SAGA will be at the time of official listing?

I predict Saga's price will be somewhere around 0.8 to 1.5 when it starts listing, and may increase to $2 within 24 hours after launch.

And you, how much do you think SAGA will cost? Will it increase in price and if so, how much in the first 24 hours?

#ShortLink #NewListings #launchpool

After falling and struggling below the $0.9 mark, ENA has shown signs of rising again, and at the time of writing these lines, Ethenalabs' token was at $1.14.

Let's wait and see, #ENA will quickly surpass the highest mark not long ago of 1.32 and move towards the 1.5 mark.

Follow #ShortLink if you support me. Thank you!

Ethena Labs makes a strategic decision to use $BTC as collateral for USDe to increase the stability of $ENA's stablecoin

USDe currently has a market capitalization of up to 2 billion USD, in the list of top 5 products priced in USD, only behind USDT, USDC, DAI and FDUSD.

This strategic decision by EthenaLabs will further strengthen investors' confidence in ENA, which is currently on a bearish trend. The price reduction of ENA in the past few hours is said to be due to the general trend of the whole market, and at the same time, whale wallets appeared to withdraw millions of ENA to their wallets, leading to a phenomenon like selling out.. However, as I once did It is said that this action is sometimes a strategic step to create an opportunity to consolidate goods... and wait for a long-term price increase.

Looking at the price chart, we can see that it seems to have a certain level of resistance, ENA is neither oversold nor overbought, showing the indecision of the market and the balance between the buying and selling power..

Using Bitcoin as an asset increases the stability of USDe - a core factor to prevent ENA from falling into Terra's previous LUNA mistakes and to stabilize the expectations of long-term investors in this Etherum token.

#ShortLink

If you have faith in the future of cryptocurrency, personally, this is what you will be watching and need to be patient with over the long haul, not immediately:

BTC
BNB
ETH
ENA
ETHFI
SOL

Personal opinion, please don't throw stones!

#ShortLink #binance

Patient! Consistently! Wait!

Sweet fruit will come to those who deserve it!

#ShortLink

While the price of $ENA was falling, a whale's wallet with address 0x9b34.. withdrew 3.5 million $ENA , worth 3.3 million USD, from #Binance  when this token was at a price of 0.944.

Looking at the portfolio, it can be seen that $ENA is currently ranked 1st in the whale's portfolio, followed by $DEGEN and $BRETT.

I boldly predict#ENAprice will increase sharply in the next 72 hours. In theory, when whales sell their goods, they will decrease and may put an end to the token's upward momentum, but let's wait and see. Ena is a strange token.

Disclaimer: This article is not offered or intended to be used as legal, tax, investment, financial or other advice.

#ShortLink

With just over 11 hours left, $SAGA - the 51st Launchpool project of #Binance will officially begin.

Have you prepared $BNB and $FDUSD in your wallet to farm?

We will have 4 days to farm before officially trading this token at 9:00 p.m. on April 9, 2024 on Binance (Vietnam time).

#ShortLink #BinanceVietnamSquare

The total supply of $SAGA is much lower than $ENA, only 1/15 (1 billion tokens).

However, the price is expected to be much lower than#ENAwhen listed, but it is unclear whether it will blow up like $W yesterday.

However, recently #Binance launched Launchpool a lot, in which I think ENA is still the best up to this point.

What do you think about the next token on Binance from Cosmos?