🔥 US spot Bitcoin ETFs buy almost the same amount of Bitcoi | TopCryptoNews on Binance Square

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🔥 US spot Bitcoin ETFs buy almost the same amount of Bitcoin that Germany sells.

We are witnessing the transfer of wealth between generations in real time.

⛔️ Germany selling all its Bitcoins will go down in history as one of the stupidest things German politicians have ever done.

$BTC #BTC

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📊 Worldcoin Rockets 90%: Can It Sustain Momentum or Will Resistance Hold? Worldcoin [WLD] experienced a significant rebound, surging 90% from its recent low of $1.72. This unexpected rally triggered a substantial number of short liquidations as traders who anticipated a continued downtrend faced a short squeeze. With the token unlocks for early investors and team members set to commence on July 24th, the market anticipates a potential influx of supply. Despite the sharp rebound, WLD struggled to break through the critical $3 resistance zone. Although the token rallied nearly 100% over the past week, it has not convincingly cleared the recent lower high of $3.2. As of this writing, WLD has declined by 6.01% in the past day to trade at $2.71. After the price surge, many Worldcoin holders sought to secure their gains, evidenced by a notable increase in active deposits. The metric, reaching a four-month high, underscored a trend of profit-taking among retail investors. Contrary to retail investors’ actions, Worldcoin whales adopted a different strategy. Addresses holding between 1 million and 10 million WLD accumulated approximately 13 million WLD, valued at over $36 million, within the same three-day period. Historically, such accumulation has triggered price recoveries, as seen in February and May. 🔸 Allegations of Market Manipulation Crypto influencer Defi Squared has been vocal on social media platform X, asserting that Worldcoin’s tokenomics are designed to manipulate the market. He highlighted that only 2.7% of the total 10 billion WLD tokens are set to be released into circulation. According to Defi Squared, this limited float is a deliberate attempt by the Worldcoin team to control the token’s price. At its initial launch in 2023, Worldcoin released 140 million WLD tokens. Currently, 278 million tokens are in circulation, with a fully diluted valuation (FDV) of $26 billion. Defi Squared argues that the high FDV is a strategic move to influence market perception and inflate the token’s value. $WLD #WLD #Worldcoin

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📈 Aptos Bounced Back: Will APT Escape Out Of The Channel Above $8 Based on the Layer-1 blockchain network, APT has bounced back from its downward trajectory and is on the brink of a breakout. It climbed above the 20-day and 50-day EMAs mark and is eyeing extending the gains. Notably, buyers were eyeing the make-or-break zone of the $8 mark, which was the primary juncture. APT was trading inside a falling channel and was willing to cross the 200-day EMA mark for a short-term reversal. With the market recovery, Aptos participated in the altcoin rebound celebration and recuperated its gains by over 40% in the last two weeks. Still, the token was traded below the 38.2% Fib zone. Meanwhile, the trend remained neutral, and the token reached its crucial resistance clusters near $8. It was quite difficult for the bulls to surpass these hurdles with a single hand, and they needed strong momentum to defeat the bear army. Until the $8 mark is crossed, sellers will dominate. The token may consolidate around its 50-day EMA mark ahead. Despite the pullback from the oversold region, the buyers lacked momentum though they attempted to attain follow-on gains. 🔸 How is Aptos Performing Right Now? At press time, APT was trading at $7.39 with an intraday surge of 5.56%, reflecting a rise. Its volume soared by 14% to $90.28 Million in the last 24 hours. The pair of APT/BTC is at 0.000111 BTC, while the market cap is $3.45 Billion. Analysts are neutral and suggest that APT may break out and retest the $10 mark soon. It has a total supply of 1.11 billion, while the circulating supply stood at 467.40 Million. 🔸 Will Aptos (APT) Take the Bold Move Ahead? APT reached its most vital cluster near the $8 mark, and the buyers are preparing to embark on a short-term reversal. Also, an indecision candlestick was noted during the intraday session. A tweet by Iwantcoinnnews revealed that APT has shown a pump and is set to approach the $10 mark ahead. 💬 $APT | Even aptos is pumping Lets bid resistance together.— iWantCoinNews (@iWantCoinNews )

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👀 Chainlink Price Eyes $20 Rally As Major Reversal Pattern Emerges Chainlink price rebounds from $12.2 support, surging 18.45% to $14.4 amid July recovery. The inverted head and shoulders pattern and falling wedge formation suggest a bullish trend reversal. The crypto market showcased low volatility on the weekend following the neutral candle formation in Bitcoin. Most of the major altcoins including Chainlink (LINK) showed intraday sideways action in an attempt to stabilize after a weekday rally. While the consolidation has stalled the Chainlink price rally at $14.7 resistance the formation of a bullish reversal pattern hints at the potential for an impending breakout. Amid the July market recovery, the Chainlink coin managed to bottom out its prevailing correction trend at $12.2. This multi-month support intact since January 2024 has prevented the LINK holds from major correction. Intersently, the horizontal level aligns closely with the 38.2% Fibonacci retracement level and 200W EMA, creating a high accumulation zone. A bullish turnaround from $12.2 has boasted the asset 18.45 to trade at $14.4, while the market cap jumped to $8.75 Billion. Moreover, the Chainlink price analysis in the 4-hour chart revealed the reversal as an inverted head and shoulder formation. This chart pattern is in sign-on bottom formation with a fresh breakout opportunity once obtained after the neckline breakout. A potential breakout from the neckline at $14.7 will accelerate the bullish momentum and may push the LINK price 12% before it faces the next major resistance. An analysis of the daily chart shows the development of a falling wedge pattern. In theory, the wedge pattern signals the maturity of a downtrend and the opportunity to launch a counterattack. The two converging trendlines dynamic support and resistance have carried a correction trend for the past 5 months. Thus, the potential retest to the pattern’s boundary will act as pivotal momentum for the LINK price prediction. $LINK #LINK #Chainlink

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🔥 Bitcoin Dumped $2K in Minutes After President Joe Biden Ended 2024 Election Campaign Bitcoin’s price continues to be highly impacted by the political scene in the United States. After the failed assassination attempt against Donald Trump last weekend, this time, news regarding his opponent rattled the markets. However, the cryptocurrency managed to bounce off and return to nearly $67,000 almost immediately. The current US president, Joe Biden, ended his campaign for the 2024 presidential elections an hour ago, saying it was a decision made in “the best interest of my party and the country.” This came just a few days after reports emerged that the POTUS was suffering from COVID and the subsequent uncertainty regarding his health situation, given his age. 💬 “And while it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling the duties as President for the remainder of my term,” reads a statement by Biden. It’s worth noting that numerous high-ranked members of the democratic party have been calling for his race withdrawal after a dreadful debate he had against Donald Trump last month. Biden’s decision impacted the crypto markets, which are always open, and BTC’s price tumbled by about two grand in minutes from over $67,500 to $65,750. However, the asset recovered most losses just as quickly and now stands close to $67,000 again. Recall the events from last weekend when Trump survived an assassination attempt, and BTC’s price skyrocketed in the following days since he became the so-called ‘crypto candidate.’ #BTC $BTC #Bitcoin #JoeBiden

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🔥 Top Altcoins to Buy Before the August 2024 Crypto Market Explosion The crypto market is bracing for a potential altcoin season, with the top 125 altcoins’ market cap recently surpassing $1 trillion. Analysts expect altcoins like Ripple (XRP), Toncoin (TON), and Cardano (ADA) to outperform Bitcoin (BTC) as momentum builds. Bitcoin (BTC) may struggle to maintain dominance, with altcoins showing resilience and potential for growth. 🔸 Ripple (#XRP ): Positioned for a Breakthrough Ripple (XRP) has surged over 30% in a week, drawing significant attention. The cryptocurrency is in “qualification mode,” signaling a potential major uptick. CEO Brad Garlinghouse’s $1.4 billion share repurchase plan highlights Ripple’s strong financial health despite ongoing legal challenges. Technically, Ripple (XRP) shows strong breakout potential, with targets set at $1.88, $5.86, and possibly $18.23. Expert predictions even suggest a possible surge to $36, bolstered by a bullish pennant pattern and upcoming regulatory clarity. 🔸 Toncoin (#TON ): Bridging to New Heights Toncoin (TON) is making headlines with its new Bitcoin bridge and upcoming perpetual futures contracts on Coinbase. These developments are expected to enhance its transaction capabilities and market appeal, attracting more crypto enthusiasts and boosting liquidity. The market is responding positively, with predictions suggesting a potential price surge toward $10. The strategic innovations and strong market positioning of Toncoin (TON) indicate promising growth opportunities ahead. 🔸 Cardano (#ADA ): Rising Amidst Growing DeFi Adoption Cardano (ADA) is seeing a surge in its DeFi ecosystem, with transaction volumes surpassing $22 million. Despite resistance at $0.44, Cardano (ADA) has risen 40% in two weeks, reflecting strong market interest. The growing DeFi activity and favorable technical indicators suggest continued bullish potential. Breaking $0.45 could lead to new highs, with potential targets around $0.50 and speculation about a spot ETF approval boosting optimism.

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