$ETH

The silent monster is coming 😈

Ethereum (ETH) ETF will start trading in a week 📢

Yesterday, all Ethereum ETF applicants filed updated S-1 forms.

Currently, Ethereum is trading around $3,000, and has pared back all of its ETF approval gains.

Here's why ETH is ready to go 🕰️

➜ Ethereum supply on exchanges is at its lowest level in 8 years
➜ Ethereum has been deflationary since the merger
➜ Mt. Gox, the German government, and the US government do not own any Ethereum
➜ No constant selling pressure from miners since switching to Proof of Stake (POS) system
Besides, all major developments such as decentralized finance (DeFi), non-fungible tokens (NFT), and digital real-world assets (RWA) mainly happen on the Ethereum network.
The smart money is already accumulating Ethereum as 335,000 ETH worth $1.03 billion was withdrawn from Coinbase last month.
Currently, the sentiment towards the Ethereum ETF is not close to that of the Bitcoin ETF, meaning that any significant inflow will lead to a significant rise in the value of Ethereum.

$OM

Businessmen's currency 💼

The latest news about Mantra (OM) coin includes several key developments:

1. Strategic Partnership: Mantra has partnered with UAE real estate company MAG to tokenize $500 million worth of real estate assets. This partnership aims to transform real estate assets into digital tokens that can be traded on blockchain platforms.

2. Price performance: OM coin rose by 5.34% in the last 24 hours, reaching $0.84. Despite a slight decline today, the currency's performance over the past month shows 11% growth.

3. Ranking and Popularity: The Mantra project is increasingly popular, with about 175,747 users on its watchlist, and ranked 322nd among more than 10,000 cryptocurrencies.

These developments indicate a growing interest in Mantra (OM) from investors and institutions, strengthening its position in the cryptocurrency market.

$OM

The currency of businessmen and the elite 💼
(OM) operates as a comprehensive ecosystem that includes several key components:
1. MANTRA Nodes:
Provides revenue-generating opportunities through node management and offering storage services on various blockchains.
2. MANTRA Chain:
An integrated protocol in the Cosmos ecosystem that enables interaction with other blockchains and aids in the development of decentralized applications.
3. MANTRA Finance:
Combines the speed and transparency of decentralized finance (DeFi) with traditional finance, enabling non-custodial and permissionless digital transactions.
4. MANTRA DAO:
Enhances transparency and community participation through a transparent governance mechanism, allowing OM token holders to propose and vote on initiatives.
The native OM token serves various roles within the ecosystem, including governance and staking to earn passive yields. OM can be staked directly on the MANTRA web app or on Binance for rewards.
Notably, MANTRA will participate in the "Nebular Summit" in Brussels on July 12, where the project's CEO will discuss innovations and future projects.
In terms of price performance, MANTRA has experienced a decline after significant gains last month. The current price is approximately $0.83, down from its all-time high of $1.095 recorded on June 10, 2024.

$OM

Businessmen's currency and the velvet class 💼

(OM) operates as a comprehensive ecosystem that includes several key components:
1. MANTRA Nodes:
Provides revenue generation opportunities by managing nodes and providing storage services on various blockchains.
2.MANTRA CHAIN:
A protocol built into the Cosmos ecosystem that enables interaction with other blockchains and helps in the development of decentralized applications.
3. MANTRA Finance:
It combines the speed and transparency of decentralized finance (DeFi) with the traditional financial system, enabling custodial-free and permissionless digital transactions.
4. MANTRA DAO:
It promotes transparency and community participation through a transparent governance mechanism, where OM token holders can submit proposals and participate in voting processes.
The native token OM is used in many roles within the ecosystem, including governance and staking to generate passive returns. OM can be stored directly on the Mantra app or Binance platform to generate returns.
It is worth noting that Mantra will participate in the “Nebular Summit” conference in Brussels on July 12, where the project’s CEO will talk about innovations and future projects.
In terms of price performance, Mantra Coin saw a decline after making significant gains last month. The current price is around $0.83, having fallen from a high of $1.095 recorded on June 10, 2024.

$OMNI

The price of Omni (OMNI) today is approximately $15.71, showing a 2.98% increase over the past 24 hours. There are around 10.39 million OMNI tokens in circulation out of a total maximum supply of 100 million tokens. The 24-hour trading volume is about $73.29 million.
Omni Network is a Layer 1 blockchain designed to unify various Ethereum rollup solutions. This allows developers to build applications that can operate across all Ethereum rollups without significant modifications, thereby enhancing liquidity and accessibility within the Ethereum ecosystem.

$OMNI

Today, the price of Omni Coin (OMNI) is around 15.71 USD, registering an increase of 2.98% in the past 24 hours. There are about 10.39 million OMNI tokens currently in circulation, out of a total supply of 100 million tokens. Trading volume within 24 hours is approximately $73.29 million.
Omni Network is a layer-one blockchain that aims to unify different Ethereum staking solutions, allowing developers to build applications that work across all Ethereum staking solutions without requiring major modifications, enhancing liquidity and access to the user base within the Ethereum ecosystem.

$PEPE

Brief analysis of the PEPE/USDT pair:
- General trend: bearish.
- Moving Averages: MA(5) below MA(10) -> bearish signal.
- RSI(6): 29.69 -> Oversold area, possible bullish bounce.
- MACD: negative values ​​-> strong downward momentum.
- StochRSI: 21.06 -> Oversold area, supports the possibility of a bounce.
- Trading volume: High, indicates interest in the market.
Recommendations:
- Buy: Wait for reversal signals in oversold areas (RSI, StochRSI).
- Selling: The decline continues without signs of reversal.
Conclusion:
The trend is down, but oversold indicators point to a possible rebound soon.

Good luck to everyone 🤭

$BTC

Let's analyze Bitcoin together and see where it goes!!!

Price gap:
- Around the level of 58,402.00.

Technical analysis tools:
1. Moving Averages:
- MA(5): 18,731.93925
- MA(10): 24,266.14375
- Short-term moving averages give signals about the short-term trend of the market. In this case, it can be seen that the moving averages may be on the verge of a bearish crossover, indicating a continuation of the downtrend.

2. Relative Strength Index (RSI):
- RSI(6): 33.00
- RSI(12): 35.33
- RSI(24): 40.57
- Values ​​less than 30 indicate that the market may be in an oversold state, and values ​​higher than 70 indicate an overbought state, which may mean the possibility of an imminent rebound.

3. MACD indicator:
- DIF: -1,515.72
- DEA: -1,444.43
- MACD: -71.28
The MACD indicator is showing bearish signs with the lines intersecting in the negative zone, which supports the downward trend.

Recommendations:
- The market is showing strong bearish signals based on the price gap and technical indicators.
- Support and resistance levels: The current support level around 58,402.00 must be carefully monitored, as breaking it may lead to further decline.
- Trading strategy:
- Buying: It may be wise to wait for the RSI to reach the oversold zone (below 30) before considering buying.
- Selling: Trading continuing below the moving averages and MACD entering the negative zone supports selling positions.
Good luck to everyone 🤭

$ETH

The most important news of Ethereum: The silent monster 😈 What is it hiding!!

Several important developments regarding Ethereum.

First, the “Dencun” update has been completed, which is a landmark step to reduce data fees on the Ethereum network. This update includes a new technology for storing data on the blockchain at a lower cost, which enhances the efficiency of decentralized applications and reduces congestion.

Second, Ethereum exchange-traded funds (ETFs) are expected to begin trading in the US soon, with Bloomberg predicting that will happen by July 4. This development may bring new financial flows to the market and contribute to the stability of the Ethereum price.

Finally, 2024 is expected to be the biggest year for the Ethereum network due to the specialization of Layer 2 (L2) blockchains in certain areas, which contributes to increased applications and adoptions on the network by traditional companies.

Toot toot 🚂

$PEPE

It's a good time to buy the popular fun frog coin.

The reason for the decline in the price of Pepe coin, or any other cryptocurrency, can be the result of several factors such as:
1. Market Volatility: Cryptocurrencies are known for their high volatility, and the price of Pepe may decline due to rapid changes in supply and demand.
2. Negative news: There may be negative news affecting the market such as regulatory bans, scams, or security vulnerabilities.
3. Market corrections: After a significant rise in price, there may be a natural correction in the market that returns the price to more stable levels.
4. Technical Analysis: Traders may sell Pepe based on technical indicators that suggest the price has reached a certain peak.
5. Impact of large currencies: Price movements in large cryptocurrencies such as Bitcoin and Ethereum can affect smaller currencies such as Pepe.
Of course, the decline in Bitcoin has the most impact on the price.
A simple period, and the price returns with the rise of Bitcoin 🐸
Good luck everyone 🤲🏻

$BTC

Today, Bitcoin has seen some important developments:
1. Recovery of dues from Mt. Gox: Mt. Gox will begin repaying debt to investors at the beginning of July 2024. About 140,000 Bitcoin will be distributed, which may increase selling pressure on the market. This led to the price of Bitcoin falling to around $60,300 in recent days.
2. German government moves: The German government transferred $95 million of confiscated Bitcoin to exchanges, indicating the possibility of selling part of its huge Bitcoin reserves. This move raised concerns about possible negative effects on the market price of Bitcoin.
3. Market trends: Bitcoin ETFs saw significant inflows, with the highest daily inflow in a month recorded at $129 million, which is a positive sign as the historically positive July season for the Bitcoin market approaches.
With these developments, investors are cautiously watching the impact of these factors on Bitcoin prices in the coming weeks.

$ETH

Here is a detailed chart analysis of the performance of Ethereum (ETH) against USDT:
Indicators and analysis
The moving averages are indicating a downtrend in the short term, with MA(5) being much higher than MA(10).
. Relative Strength Index (RSI)
- RSI(6): 54.86
-RSI(12):49.80
- RSI(24): 51.54
RSI values ​​indicate that ETH is neither overbought nor oversold, indicating neutral momentum.

. Moving Average Convergence Divergence (MACD) indicator
- DIF: -2.25
- DEA: -1.03
- MACD: -1.22
Negative values ​​of the MACD indicator indicate a bearish signal. The DIF line below the DEA line confirms this bearish momentum.

Trend and volume analysis
- Trend: The chart shows a recent upward movement after a pullback, indicating a potential recovery. However, the overall trend looks mixed, with short-term resistance around 3,454.73.
- Volume: Volume is relatively low, indicating that recent price movements may not be supported by strong trading activity. This could lead to potential repercussions.

in general:
The analysis indicates a neutral to slightly bearish outlook for ETH/USDT in the short term. The main support level to watch is around 3,447.20, and the resistance level is around 3,454.73. Current indicators suggest caution, with the possibility of sideways movement unless there is a significant change in trading volume or external market conditions.

$ETH
Ethereum the silent beast 😈
✨

Technically, this trend is supported by indicators such as the Relative Strength Index (RSI) which shows that Ethereum is in a bullish position in the long term. Ethereum is also trading above the major moving averages, reinforcing the positive outlook.
If Ethereum is unable to break the resistance levels, it may face support at the $3,375 and $3,350 levels, with a possible further pullback to $3,280 and $3,240 if selling pressures persist.

🌧️🤲🏻🕰️

$PEOPLE

The people's currency 🕰️💰🕰️💼💰💼

PEOPLE coin, which is linked to ConstitutionDAO, has seen a significant price increase recently following positive market activity and increased interest from investors. This rise is due in part to growing adoption and discussions around decentralized organizations (DAOs) in the broader cryptocurrency community.
Additionally, the recent boom in meme coins has brought more attention to several altcoins, including PEOPLE. Analysts attribute some of this interest to the broader trend of investors looking for high-risk, high-reward opportunities in the cryptocurrency market.

$PEPE

Fun frogs 🐸 loved by everyone

Pepe Coin (PEPE) has seen several developments in recent weeks. After hitting a high in May 2024, it fell by 17% and settled at important support near $0.000014 at the beginning of June. Trading volume fell by about $3.1 billion, which may indicate weak selling pressure and the possibility of an imminent recovery.
Interest in the currency has increased significantly after the return of the famous trader “Roaring Kitty” (Keith Gill) to social media platforms. The Roaring Kitty account, which had been inactive since June 2021, posted a photo of its return, leading to a significant increase in Pepe's circulation and its value.
The outlook looks very positive. According to some analyses, Pepe is expected to see a rise of up to 230%, which could take its value to new highs. Analysis also indicates the possibility of gains of up to 30% in the short term, with the price potentially exceeding the $0.000020 barrier.
It is worth noting that the currency's recent performance has been characterized by sharp fluctuations, as it witnessed significant price increases followed by rapid corrections. These moves sparked the interest of traders and investors, making Pepe one of the most popular cryptocurrencies of the period.

$BTC

Today's top cryptocurrency news includes the following:

1. Decline in prices of Bitcoin and other currencies:
Bitcoin saw a decline to around $60,000, while Ethereum fell to $3,387. This is due to the decline in trading volumes and increasing global economic concerns, which led to investor aversion to risk.
2. A lawsuit against Consensys:
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys, a leading Ethereum infrastructure provider, over its MetaMask wallet services. This lawsuit comes as part of a series of regulatory actions against cryptocurrency companies.
3. Bitcoin options expiration:
About 107,000 Bitcoin options contracts, with a notional value of $6.6 billion, expired today, which could lead to additional market volatility.
4. Political and economic influences:
China's ongoing ban on cryptocurrencies and increasing uncertainty due to political situations, especially the Russian-Ukrainian war, are contributing to market volatility. However, some experts expect prices to stabilize and return to rise as economic and political conditions improve.

$QNT

Quant Coin (QNT) is the digital currency of the Quant Network project, which aims to solve the problem of interoperability between different blockchain networks. The main goal of the Quant project is to provide an infrastructure that allows developers to create applications that work across multiple blockchain networks without having to change the underlying infrastructure of those networks. Overledger, the core technology of the Quant project, makes it easier for applications to run across multiple blockchains, making it possible to connect different blockchains to exchange data and communicate between them. The system is designed to achieve high levels of security to protect data and transactions, and can be used in multiple fields such as finance, healthcare, and the government sector.

$COS

Contentos (COS) is a blockchain-based cryptocurrency that aims to build a decentralized digital content ecosystem. The main goal of the Contentos project is to enable content creators to receive rewards directly from their fans and content platforms, without the need for intermediaries, which increases transparency and fairness in the distribution of profits.
Some key points about Contentos (COS):
1. Decentralization: Contentos seeks to create a completely decentralized platform where users can control their content and rewards.
2. Rewards: Enables content creators to earn direct rewards by interacting with their content.
3. Partnerships: Contentos has collaborated with several digital content platforms to expand its use, such as the COS.TV platform.
4. Technology: Blockchain technology is used to ensure transparency of operations and data security.
COS can be traded on several cryptocurrency trading platforms, making it available for purchase and sale by investors.

$BTC

Pros and cons of Trump and Biden's debate today!!

Today's debate between Biden and Trump may greatly affect the currency market, depending on the performance of each of them and the results of the debate. If Biden or Trump appears strong and in control, this could increase confidence in the stability of US leadership, which could strengthen the dollar. Conversely, if there are missteps or moments of weakness from one of the candidates, this could lead to increased uncertainty, which could put pressure on the dollar.
For example, any moment of weakness or misstep for Biden could increase calls within the Democratic Party to replace him with another candidate, increasing political uncertainty. On the other hand, financial markets are also awaiting important decisions from central banks and other financial events in June, which enhances the impact of this debate on the markets.
Hence, the debate could have a significant impact on the currency market, but the ultimate direction will depend on how the candidates perform and the impact on the economic and political outlook in the near future.

$BTC

Biden and Trump's debate today and its impact on cryptocurrencies!!!

Today's debate will start at 9pm EST, which is equivalent to 5am on Friday UAE time. It will be held at CNN Studios in Atlanta without an audience, and will be moderated by Jake Tapper and Dana Bash.
The debate can be followed on channels like CNN, Fox News and ABC, as well as live streaming platforms like CNN.com and Max

The Joe Biden-Donald Trump debate is expected to have various impacts on the cryptocurrency market. Although cryptocurrencies may not be a major focus of the discussion, the economic policies adopted by both candidates could indirectly impact these markets.
Joe Biden and his team have taken a tough stance on cryptocurrency regulation, and his administration has implemented numerous regulatory actions against cryptocurrency companies through the Securities and Exchange Commission (SEC). On the other hand, Donald Trump's position towards digital currencies is not consistent; He has previously described it as a "fraud", but on other occasions has expressed his support for it.

Depending on the outcome of the debate, public reactions, and the policies that will be discussed, the cryptocurrency markets may experience volatility. Cryptocurrency investors would do well to be prepared to react to any sudden changes in the market after the debate.