🚨🇺🇸 Urgent US inflation data released below expectations at 3.0% ‌#CPIpositive for markets
#BTC #PEPE

Today, there are several important news about Ethereum (ETH):

1. **Ethereum ETF Launch Postponed**: The US Securities and Exchange Commission (SEC) has requested the resubmission of some forms which may postpone the launch of ETFs until mid-to-late July [[❞]]

2. **Ethereum Oversupply**: The supply of Ethereum has been inflating continuously for more than 73 days, and this is a result of the Dencun upgrade that reduced the competition for block space in the mainnet [[❞]]

3. **Improvements to the Ethereum Network**: Vitalik Buterin, the founder of Ethereum, has proposed new improvements such as EIP-7732, which aim to speed up the network and make the process of verifying transactions more efficient [[❞]]

4. **Ethereum Foundation Email Hack Investigation**: The Ethereum Foundation was subjected to an email hack attack, where hackers sent scam messages promoting the Lido Staking platform to thousands of users [[❞]]
#ETH🔥🔥🔥🔥
#BTC
#PEPE

Currently, Bitcoin ETFs saw significant inflows of $1.1 billion last week, reflecting renewed institutional interest in Bitcoin. This comes at a time when ETFs continue to attract more investments since their launch in January 2024. Expectations indicate that these flows will continue as a result of optimism about the future of Bitcoin and its increasing scarcity after the recent halving event [[❞]]

Today, Bitcoin is trading around the $58,648 level with a slight increase in recent hours. Big news includes the conversion of Mt. Gox for $9 billion worth of Bitcoin to one wallet as part of debt repayment plans. Bitcoin exchange-traded funds also saw inflows of $1.8 billion last week. Additionally, a new report suggests that the price of Bitcoin could rise to new highs in the coming months.

Attention = money

Focus on the big figures when you talk about what makes or loses you money
#PEPE

Here are the most recent news about Bitcoin:

1. **Price Rise Forecast**: Standard Chartered expects Bitcoin to reach $100,000 by August, after reaching a high of $73,700 in March 2024 [[❞]]

2. **Bitcoin ETFs Flows**: Bitcoin ETFs saw record inflows of $295 million, a 21-day high, reflecting growing interest from investors [[❞]]

3. **Big Bitcoin Moves**: Japanese company Metaplanet bought $2.4 million worth of Bitcoin, and the German government moved $40 million worth of Bitcoin, raising speculation about the government’s intentions regarding this digital asset [[❞]][[❞ ]]

4. **Concerned about Mt. Gox**: Analysts expect severe fluctuations in the price of Bitcoin due to the start of the payment process for users of the Mt. Gox, where 47,228 Bitcoins were transferred to a new address as part of the debt settlement, which could lead to a significant market sell-off [[❞]][[❞]]

5. **Current Bitcoin Prices**: Bitcoin is currently trading around the $57,000 level, after falling from higher levels due to several factors including selling by whales and concern about the repercussions of Operation Mt. Gox [[❞]]
#BTC
#PEPE

I thought everything was simple, but everything is according to the rules
If you talk too much, you become sour
And
If there is too much silence, you become mysterious

This post is off topic 💸

Here is some recent news about the cryptocurrency market:

1. **Bitcoin miners face new challenges**: Reports indicate that the Bitcoin network is showing signs of miners giving up, as they struggle with rising electricity costs and falling Bitcoin prices [[❞]]

2. **Updates from Binance**: Binance celebrates its 7th anniversary with 200 million users and launches a new campaign to promote widespread adoption of Web 3.0 technologies [[❞]]

3. **Reductions in Bitcoin ATM Network**: The number of Bitcoin ATMs has decreased by 334 over the past 40 days, with the largest declines recorded in the US and Europe [[❞]]

4. **New Market Moves**: BitMEX launched a new index for the top 10 meme currencies, adding new diversity to the market [[❞]]

5. **EU Regulations**: Cryptocurrency exchanges in the European Union are expected to be subject to the new travel rule by the end of this year, strengthening anti-money laundering and terrorist financing measures [[❞]]

These are some of the major news currently happening in the world of cryptocurrencies. You can continuously follow developments through this account
#BTC
#PEPE

The recent decline in the price of Bitcoin is due to several main factors:

1. **Statements from the US Federal Reserve**: Expectations of an increase in interest rates, which affected investors’ confidence in digital assets.
2. **Big Liquidation**: The market witnessed significant liquidations in Bitcoin futures, which increased pressure on the price.
3. **Weak performance of stock markets**: A negative impact of the performance of global stock markets on the digital currency market.

These factors combined contributed to a significant decline in Bitcoin over the past 24 hours. [[❞]]#BTC
#PEPE

Bitcoin's current support levels:

1. **First Support Level at $60,000**: This level appears to be acting as current support as we see a price reversal near this level.

2. **Second support level at $59,396**: This is another nearby support level, and could represent a strong rebound point if the decline continues.

3. **Resistance level at $63,060**: In the event of a bounce, this will be the first level to watch, as the price could face resistance.

In addition, we can notice the Stochastic RSI indicator showing the price reaching the oversold area (below 20), indicating a possible rebound soon.

Based on this information, the support levels at $60,000 and $59,396 are expected to be strong in the near term. If it is broken, there may be additional decline, but the Stochastic RSI indicator should be monitored and any signs of a possible price reversal.
#BTC☀

My personal prediction based on market analysis and current indicators is that Bitcoin may face a correction when it approaches the $85,000 level. Reasons include:

1. **Overbought**: Bitcoin may enter an overbought state as this level approaches, which increases the possibility of a correction.
2. **Take Profit**: Many investors may decide to take profits at this high level, causing selling pressure.
3. **Resistance Levels**: $85,000 could be a strong resistance level, and if there is not enough momentum to overcome it, the trend may reverse temporarily.

However, if positive factors such as institutional adoption and increasing public acceptance continue, we may see a continuation of the upward trend even after a temporary correction. The most important advice is to follow the market closely and not rely on only one forecast to make investment decisions.
#BTC
#BTC☀

Through technical analysis of SKING coin on a daily basis using simulated data:

### Key points from the analysis:
1. **Prices**: Prices are showing a continuous upward trend over the past 30 days.
2. **Moving Averages**:
- The 7-day moving average (MA7) and 14-day moving average (MA14) are showing an upward trend, indicating positive momentum.
3. **Relative Strength Index (RSI)**:
- The Relative Strength Index (RSI) exceeds 70, which indicates that the currency may be in the overbought zone, and there may be an upcoming correction.

### Recommendations:
- **Short-term investors**: There could be an upcoming correction due to overbought, so it may be wise to monitor the price action closely before making additional buying decisions.
- **Long-term investors**: The overall trend is bullish, so it may be worth keeping current investments and monitoring any corrections to take advantage of them as buying opportunities.
#SKING
#PEPE

Bitcoin's short-term price forecast shows increasing optimism. There are predictions that the price of Bitcoin could reach $90,000 by the end of 2024, driven by factors such as the adoption of exchange-traded funds (ETFs) and Layer 2 improvements [[❞]](https://cryptonews.com/price-predictions/bitcoin-price-prediction /). In the very near term, if Bitcoin can break its previous high of $73,000, the price could reach $100,000 in the coming days based on a “Rising Expanding Wedge” pattern analysis [[❞]](https://readwrite.com/ bitcoin-price-prediction-june-2024-heres-why-100k-may-be-next/).

There are varying predictions about the lowest price Bitcoin could reach in 2024, with some forecasts ranging between $40,000 and $50,000 as a minimum [[❞]](https://investinghaven.com/bitcoin-btc-price-predictions/). Overall, the current trend looks positive with the potential for new highs if key support levels are maintained.

For more details, you can view the full analyzes on specialized sites such as CoinLore, CryptoNews, ReadWrite, and InvestingHaven.

Here are the top news stories about Solana (SOL) today:

1. **ETF Application**: VanEck submitted an application to launch an ETF based on Solana, arousing significant market interest. This order could significantly boost Solana's price if approved, with expectations that the price could reach $1,300.

2. **Network update to improve performance**: Solana has released a new network update called 1.17.31. This update aims to address congestion issues that the network has faced in recent months, improving the network's performance and increasing its ability to process more transactions faster [[❞]]

3. **Solana price rises significantly**: Solana has seen a 800% rise over the past year, outperforming Bitcoin and Ethereum. This rise reflects the growing demand for the network and its technology, which strengthens its position in the digital currency market [[❞]]

This news indicates a promising future for Solana and the potential for significant gains in the market if these positive trends continue.

At these moments, Bitcoin is trading at around $61,627 USD. The price saw an increase of 1.07% over the past 24 hours, despite a decline of 3.92% over the past week ♡♡]]

Market expectations indicate that the price of Bitcoin may reach $90,000 by the end of 2024, driven by increased adoption and approval of Bitcoin exchange-traded funds (ETFs), contributing to increased institutional investment [[❞]]

Today's most notable news about Solana relates to several important developments:

1. **Solana ETF Launched**: VanEck filed an application to launch a Solana-based ETF, which aroused a lot of interest in the market. This fund could significantly boost Solana's price if approved, with the price expected to reach $1,300
[[❞]]
2. **Network update to address congestion**: Solana has released a new network update, 1.17.31, aimed at addressing the congestion issues the network has faced in recent months. This update is expected to improve the network's performance and increase its ability to process more transactions faster [[❞]]

3. **Solana price has risen significantly**: Solana has registered a 800% rise over the past year, outperforming Bitcoin and Ethereum in this regard. This rise reflects the growing demand for the network and its technology, which strengthens its position in the digital currency market [[❞]]

These developments indicate a promising future for Solana with the potential for significant gains in the market if these positive trends continue.
#SOLANA
#PEPE

Currently, Ethereum is trading at around $3,380. Prices are fairly stable, seeing a slight increase of 0.01% over the past 24 hours. Daily trading volume reached approximately $11 billion, reflecting significant market activity [[❞]](https://www.coingecko.com/en/coins/ethereum).

For the short-term forecast, the price of Ethereum is expected to range between $2,970.59 and $3,417.78 today, with the average price around $3,194.19 [[❞]](https://ambcrypto.com/predictions/ethereum-price-prediction/). Over the next two weeks, the price is expected to witness fluctuations, as it may drop to around $2,684.96 by July 6, and then to $2,466.67 by July 11. [[❞]](https://ambcrypto.com/predictions/ethereum-price-prediction) /).

In the long term, forecasts indicate the price could rise to around $6,701.78 by the end of 2024, but this depends on many factors including market developments and institutional investments [[❞]](https://coincodex.com/crypto/ethereum/price -prediction/) [[❞]](https://changelly.com/blog/ethereum-eth-price-predictions/).

These forecasts show that despite short-term fluctuations, the long-term outlook for Ethereum remains positive.
#ETH🔥🔥🔥🔥

Today, it is noted that the price of Bitcoin is witnessing noticeable movements, with expectations that its value will rise to $75,000 in the coming weeks. Among the factors that support this expectation:

1. **Symmetrical Triangle Pattern**: A symmetrical triangle pattern appears on the technical chart, which indicates a possible continuation of the upward trend when the upper line of the triangle is breached, which could push the price towards $75,000 [[❞]]

2. **Bitcoin Exchange Traded Fund (ETF) Investor Demand**: Bitcoin ETFs have seen positive net cash flows recently, reflecting increased demand by investors and reinforcing the upward trend in the price [[❞]]
#BTC