Look at how terrifying#WLDunlocking is, 6.62 million WLD tokens are unlocked every day, and the unlocking will last for 730 days. Their development team has started to cut leeks. According to on-chain monitoring data, WLD will usher in a large amount of linear unlocking from July 24, unlocking 6.62 million WLD tokens every day, equivalent to about 18 million US dollars, and the unlocking will last for 730 days. Including community unlocking, initial development team unlocking and investor unlocking.
#AR is a popular currency in the storage sector and is basically fully circulated. With altcoins being unlocked frequently today, Chengxin thinks it is better to choose products with narratives and full circulation.
Crypto market midday report: Keywords: #PEPE, Baideng, #ETF, Mt.Gox 1. A certain address liquidated PEPE worth $3.79 million; 2. The number of Solana chain NFTs minted has exceeded 500 million; 3. The probability of Baideng's election hit a new low at 16%; 4. A whale withdrew 3 million OM from Binance 6 hours ago; 5. This week, the net outflow of US spot Bitcoin ETF was about 37.3 million US dollars; 6. Galaxy: The vast majority of Mt.Gox creditors said they will be paid in kind and will not sell in large quantities; 7. China Zheshang Bank obtained the invention patent of "Blockchain cross-chain identity authentication and authority control method, device and computer equipment".
The bull market in 2024 also caught many old investors off guard, especially the halving of Bitcoin. Bitcoin quickly broke through the historical high of $69,000. Since the emergence of Bitcoin spot ETF, the market structure has undergone qualitative changes. Bitcoin has hit a new historical high of $73,787.1. The bull market in 2024 is a one-man show for Bitcoin. Those who make money are whales, institutions, and those who ambushed in the early stage. Especially this bull market in the meme sector started in February and lasted until the end of May. In fact, the bull market in 2024 has been previewed in advance, so the choice is greater than the effort. The opportunity is reserved for those who are prepared. In 2024, a market full of news, if you can't ambush in advance, it's really difficult for you to make a profit. You can see that many cottages are short-lived even if they rise. New coins are launched in large numbers, and they cut leeks as soon as they go online, especially the endless unlocking. To be honest, this bull market is really a hellish bull market. There are too few people who really make money by trading! VC consensus collapsed, cottages collectively collapsed, and market dividends faded! The degree of panic is even comparable to that of a bear market! Therefore, the crypto market in 2024 can no longer treat the future market with the thinking of the previous bull market. The current market is very annoying. Bitcoin is oscillating and adjusting near the daily Vegas channel. It is expected that there will be a market in July, and it depends on the excitement at the end of June. It depends on whether Ethereum ETF can be approved for listing in early July. If it is listed, it may bring a good market. KP92877 has no threshold for communication and pays attention to changes in news.
Congratulations to the community friend#ordifor breaking through 40 USD: With the frequent unlocking of altcoins today, it is still relatively reliable to participate in#ordiand#satsin the inscription section. We will continue to pay attention to#ordiand #sats.
According to on-chain monitoring data, the amount of funds flowing into the US Bitcoin ETF reached US$75 million yesterday, and it was a net inflow for four consecutive days, which may indicate the return of the bull market.
Latest Tips: Fetch.ai announced on the X platform that FET assets held or staked on the mainnet will be automatically converted to native ASI tokens. It is reported that the conversion will be completed after the upgrade is completed. The network will experience scheduled downtime during the upgrade, but the user's native staked funds and rewards will remain safe throughout the process. For exchanges that do not support the merger, user funds are safe and can be converted later after their portal goes online.#FETis currently at 1.4169 US dollars, down 3.21%, and#AGIXis at 0.6042, down 2.28%.
The SEC has extended its hand to the crypto market. Coupled with frequent unlocking, will the altcoin market have a good market? Affected by the SEC's accusation,#LDOand#RPLboth fell sharply, especially LDO, which ranked first in the decline list with the largest drop of 17%. It was previously reported that the SEC accused Lido and RocketPool of staking plans that were securities.
#AVIVE started to profit from the secondary market when it was pulled up to 0.19 USD as soon as it was launched, until it fell to 0.00499 and then stabilized and rebounded to 0.0700 USD today. At this moment, it started to go down. In fact, AVIVE has no narrative, it is a junk coin that is purely profiteering. 0.0075 will be a large resistance level, and it may be a bit difficult to get out of the trap at 0.19. KP92877 has no threshold for communication.
What the crypto market lacks at the moment is good news. That is, at the end of June, the market is full of bad news. What people are most concerned about is that the Mentougou black swan incident is being used to crash the market, and the German government is selling Bitcoin, and the US government has transferred Bitcoin for unknown reasons. These are all dark clouds hanging over the crypto market. However, as of the close of June 28, local time, according to the CME's interest rate observation tool (FedWatch Tool), the market expects the Fed to cut interest rates at the September interest rate meeting with a probability of 64.1% and a probability of 35.9% to remain unchanged. Some analysts from some institutions believe that this is a deliberate use of whales and institutions to crash the market. #BTC
Last night, the U.S. core PCE annual rate for May fell to a new low in more than three years. The U.S. core PCE price index in May recorded an annual rate of 2.6%, the smallest increase since March 2021. The U.S. core PCE price index in May recorded a monthly rate of 0.1%, the smallest increase since November 2023. This should be a positive, but the U.S. stock market fell and the crypto market fell sharply. Bitcoin almost broke $60,000. The hottest coin #pepe some time ago was sold by a whale. The latest news coin sol's trend is short-lived. The reason is that at 21:02 yesterday, the U.S. government address transferred 11.84 BTC to an unmarked address, about $726,000. In particular, the U.S. spot Bitcoin ETF data yesterday (June 28) showed that GBTC had a net outflow of $27.2 million. The outflow of Bitcoin spot ETF also put pressure on the market trend. There is also the endless unlocking pressure of altcoins. Therefore, we need to pay attention to the changes in the news in operation, especially altcoins need to be cautious. KP92877 has no threshold for communication. #BTC
#ENS rose to 28.986 USD, approaching 30 USD, ranking second on the list of rising prices. Do you think ENS can break through 30 USD tonight? KP92877 has no threshold for communication.
The whale sold BLUR at a loss. Was it a market crash or a trap? An address transferred 17.71 million BLUR (US$3.71 million) to Binance 1 hour ago. These BLUR were withdrawn from Coinbase Prime by the address at the end of last year and early March this year, and were worth US$9.48 million at the time (with an average withdrawal price of US$0.535). Currently, it is only worth US$3.71 million, with a loss of US$5.77 million, a drop of 61%.
The amount of crypto market unlocked in July 2024 is even more outrageous: especially OP and ARB. More than 40 crypto projects will unlock $755 million in assets in July More than 40 crypto projects will unlock $755 million worth of crypto assets in July. These projects include AltLayer, Arbitrum, Optimism, etc. According to Token Unlocks data, the project with the largest unlocking volume in July is AltLayer (ALT), which is expected to unlock 684 million tokens on July 25, worth about $125 million. It is followed by Xai (XAI), which will unlock about $93 million worth of tokens on July 9. In addition, projects such as Aptos, Arbitrum, Optimism, Sui, Immutable and Starknet will also unlock a large number of tokens in July. For example, Aptos will unlock $77 million worth of tokens in July, while Arbitrum plans to unlock $75 million worth of tokens on July 16.
The weekly unlocking in 2024 is really timely: Next week, there will be $129.87 million worth of cryptocurrency unlocked. A total of $129.87 million worth of cryptocurrency unlocked between July 1 and July 24. Among them: SUI unlocked 2.65%, worth $53.9 million; IO unlocked 7.89%, worth $28.5 million; DYDX unlocked 3.12%, worth $11.92 million; MAV unlocked 14.56%, worth $10.04 million; ENA unlocked 0.92%, worth $8.37 million; GAL unlocked 2.6%, worth $6.94 million; ZETA unlocked 1.92%, worth $4.49 million.
People pulled up to $0.09462. People's new narrative Everyone knows the concept of the US election. As the election enters the countdown, the competition between the two factions for voters in the crypto market has become fierce, so People will also have a decent wave of pull-ups, and we will continue to pay attention.
AR and ATOM are popular currencies in two different sectors. AR is a relatively popular currency in the storage sector. It has become a hot commodity in the market some time ago. ATOM is also a former star currency that has not performed well in 2024. Based on its narrative and recent institutional activities, I believe it will perform well in July.
There was no bull market in the crypto market in 2024. The so-called bull market was only reflected in the halving of Bitcoin and the approval of Bitcoin spot ETF, Bitcoin breaking through the historical high of $69,000 and the historical high of $73,787.1 set by Bitcoin on March 14. It was just a one-man show bull market of Bitcoin, as well as the short-term rise of meme coins and tribal coins. In fact, the real bull market is inseparable from the vigorous development of altcoins. However, a beautiful landscape of the altcoin market in 2024 is reflected in the centralized unlocking and endless unlocking of altcoins, which has impacted the market. In addition, the US SEC has reached out to the crypto market and harvested a handful at any time, which has also forced large platforms to continuously remove a large part of the so-called non-compliant currencies. Otherwise, the clustering of new coins on the line perfectly reflects the wool-pulling in the primary market and the leeks in the secondary market, which is also the reason for the continuous decline of altcoins as a whole. In the coming July, the biggest factors affecting the market trend are the Mentougou black swan incident and whether the Fed will cut interest rates. The positive side is that the time for Ethereum to be approved for listing is approaching, so Ethereum and its ecological related currencies will be the hot spots of market speculation. There is also the expectation that Sol spot ETF will start to apply for it. Pepe from the meme tribe has shown a trend of large whale turnover. Analysts believe that Pepe will have a wave of opportunities for a substantial increase after entering July, but some people think that Pepe is out of business. In general, the crypto market in July will still be a sensitive month with news. There will be ups and downs, but the opportunities will be greater than in June. KP92877 has no threshold for retention, and the operation pays attention to the changes in the news.
ENS ranked second on the list of price increases, breaking through $26. The launch of Ethereum spot ETF in July directly benefited ENS, and ENS is also a project and track that Ethereum founder Vitalik Buterin often "likes". In particular, he once publicly stated in an interview: "Ethereum domain name service ENS is the most successful non-financial Ethereum application to date." Today, ENS trading volume has increased moderately, but $28 will be a dense trading area, which is also a short-term resistance level.