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😱🩸Iran – Israel tension hit memecoins: Big drop! Memecoins, which have been mentioned frequently in the first months of the year, seem to have lost the excitement behind them in recent days. Joke-themed alt Decoins, which once provided astronomical profits to their investors, are now among the most losers in the market. While the political and military tensions between Israel and Iran in the Middle East have negatively affected Bitcoin (BTC) and Ether (ETH), the risk of war has also been reflected in mem Decoins. The largest cryptocurrency by market capitalization suffered an 8.1 percent depreciation in the last week. In ETH, the weekly loss was 10.1 percent. According to CoinGecko data, Dogecoin (#DOGE ), the ancestor of memecoins, gained 3.6 percent in value in the last 24 hours, but the weekly decline was recorded as 21.4 percent. In Shiba Inu (SHIB), which follows Dogecoin, this figure is at the level of 20 percent. Solana-based memecoin Dogwifhat (WIF) has fallen 25.8 percent in the last 7 days. #PEPE and FLOKI, who took the fourth and fifth places, lost more compared to their opponents. Both altcoins lost 29 percent in value. Market depth remained intact The price drops also caused a decrease in transaction volumes. Data tracked by the institutional crypto exchange FalconX shows that the average daily trading volume of prominent memecoins fell from $ 5.8 billion in March to $ 3 billion in May. Still, this figure is far higher than the daily $ 500 million recorded in January. In addition, the 1% market depth, a liquidity indicator that measures the degree to which large orders at fixed October prices are easily executed, remained strong.. According to FalconX's analysis, the 1% market depth of DOGE, the largest memecoin in the world by market capitalization, reached $ 10 million on Friday, the highest level in the last year. In contrast, the market depth of the second-ranked meme token SHIB has reached $ 4 million. Experts opened a separate bracket for memecoin liquidity to remain intact despite the decline. #Memecoins #binance

🇩🇪🔥New hot development that will excite the bulls: Crypto step from Germany's largest Federal Bank Landesbank Baden-Württemberg (LBBW), the largest state-backed federal bank in #Germany , known as the most financially powerful country in Europe, will start providing crypto custody services to its corporate clients. The bank has also partnered with the Bitpanda exchange for this service. The demand for crypto, which is growing like an avalanche in the world, LBBW, the largest federal bank in Germany, could not remain silent either. The bank will go into partnership with Bitpanda, an Austrian-based stock exchange, and start providing custody services to its corporate clients. The services will be provided from the second half of this year. Stefanie Münz, one of the bank's board members, said in a statement, “We are bringing an extra sense of quality with this service we will provide to our corporate customers. Bitpanda exchange will provide us with the necessary support for this service, which will be provided with high security standards,”he said. "Corporate demand is increasing” Jürgen Harengel, one of the bank's managers, also stated that the demands received for this service at the corporate level are increasing every day and used the following statements: Cryptocurrencies and digital assets will form an important building block for business models in the future. We believe in it. We were receiving more and more requests from our corporate customers every day, and we had to respond to this.” Commerzbank, one of the most important banks in Germany, announced that it had started providing the same service in November 2023 and was the first in this sense. The French giant Credit Agricole also has a crypto subsidiary. #BTC #BullorBear #binance

🔥💥We are studying the #ODIN Project, the God of all memecoins 🔥 A brand new category has been added to the crypto world! God memecoins... The first of its kind, the mythological Norse god ODIN! It has been deployed on the Stacks blockchain, a Bitcoin L2 technology, and is listed on VelarDEX Although it has only been on the market for 5 days, ODIN has already reached 500 owners and a market value of $ 2.5 million. He is noted in the Rune ecosystem as a Norse god. ODIN has already made the first CEX list and is moving forward ambitiously. https://x.com/GodTheBtc #BTC #Memecoins #binance

🔥💥Solana Meme Coins: Whales Buy Millions of MEW and SLERF In an exciting plot, Solana meme coins seem to be making waves in the cryptocurrency sector by magnetizing huge whales to buy amid the recovery in the crypto Sunday. The in-chain information circulating on the crypto horizon shows about 500 million #MEW and 4 million SLERF accumulated by the whales on Binance in the last 24 hours. This reflected a frenzy among crypto market traders and investors globally and gave rise to speculation surrounding the future price movement of tokens Dec. Whales Are Getting MEW and #SLERF Amid a Rise in the Market According to information revealed by the blockchain analysis platform LOOKONCHAIN, while the broader crypto market is showing signs of recovery, two whales have withdrawn Solana, collectively worth about $ 3 million, to buy MEW and SLERF in the last 24 hours. In particular, the whale going to the B3aTMg address bought 479.6 million MEW at an average price of $ 0.0032, pulling out 10,438 sols worth $ 1.54 million from Binance. Whale 2ZWLX9, on the other hand, attracted 8,561 SOL worth $ 1.27 million from Binance to buy 4 million SLERF at an average price of $ 0.317. It is worth noting that these accumulations have gained significant interest in the broader crypto market, as the aforementioned Solana meme coins helped investors make millions immediately after their Sunday launch and recorded huge profits. However, MEW and SLERF have also witnessed price corrections recently; the weekly charts show a decrease in prices by 5% and 6.30%, respectively. However, in parallel with today's crypto market recovery, in which the majority of cryptocurrencies recorded a pumping, MEW and SLERF also recorded significant gains. The aforementioned whale accumulations have further increased the upward trend for Solana meme coins. #binance #Memecoins

🔥💥Bull signal from Bitcoin: A strong start to the new week! #Bitcoin which had been dangling up to 60 thousand 500 dollars due to the Israel-Iran tensions, quickly recovered and left behind 66 thousand dollars. Cryptocurrencies, which have been trending down in recent days due to the geopolitical chaos environment, have shown signs of recovery. Critical developments from the Israeli-Iranian tensions had pushed the Bitcoin price up to $ 60,500. Later, when things settled down a little bit, Bitcoin started to move up. Can the pioneer of cryptocurrencies, which has made a bombshell entry into the new week, continue its rise? Which levels are important to monitor for BTC? There is no need to leave caution out of hand in Bitcoin! Bitcoin, which has been pricing in a downward direction since $ 71,500, has not yet ended the dangers, no matter how well it has been progressing over a large period of time. The decrease in halving enthusiasm and the escalation of the Israeli-Iranian conflict have had a devastating effect on cryptocurrencies. This devastating effect does not seem to be overcome in a short time. In a possible negative news, we may see loaded sales in BTC again. Therefore, it will be useful to pay attention to volatility, especially during this process. Bitcoin may want to test $71,289 and $73,684, respectively, if it breaks $67,613. With the breaking of the ATH, a completely different bull run will be on the table. In such a scenario, the news flow and halving effect should be taken into account. If geopolitical problems continue, the decline in #BTC may continue. In this case, as the level of support, respectively 64.692 – 62.080 – 60.810 and $59,024 must be monitored. #BullorBear #binance

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