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$BTC
Daily Prediction: today it will increase and then selling pressure will increase causing btc price to drop
Daily Prediction: today it will increase and then selling pressure will increase causing btc price to drop
$BTC
As said yesterday, today will be a bullish move after yesterday's bearish candle gained momentum.
As said yesterday, today will be a bullish move after yesterday's bearish candle gained momentum.
$BTC
The market has recovered but not too strongly, maybe this will be a down session to create momentum for growth in the next few sessions.
The market has recovered but not too strongly, maybe this will be a down session to create momentum for growth in the next few sessions.
$BTC The market is in an accumulation trend, BTC may increase a few more candles and then increase very strongly or decrease below 59000
$BTC
After a sharp decline, the market recovery is an inevitable trend. As the market leader, BTC is a coin with the best growth potential. In addition, based on the MA, EMA and SAR indicators in long-term time frames, it also shows that BTC is on an upward trend.
After a sharp decline, the market recovery is an inevitable trend. As the market leader, BTC is a coin with the best growth potential. In addition, based on the MA, EMA and SAR indicators in long-term time frames, it also shows that BTC is on an upward trend.
From $20 to $333.5: Unveiling the Secrets of Successful Polkadot Investment!
In the year 2020, as the cryptocurrency market surged, you made a bold decision: to invest $20 in Polkadot ($DOT ). Back then, each DOT was priced at a mere $3, meaning you could purchase approximately 6.67 DOTs with your investment.
However, the outcome after just over a year left you astounded:
November 2021: DOT's price skyrocketed to a staggering $50/DOT.
Your DOT holdings: 6.67 DOTs
Total value: 6.67 DOTs * $50/DOT = $333.5
Profit: $333.5 - $20 = $313.5
Growth rate: $313.5 / $20 * 100% = 1567.5%
From a mere $20, you had amassed over $300, witnessing a profit of over 1500%!
Why did Polkadot succeed?
Cutting-edge technology: Polkadot stands as a leading multichain blockchain platform, enabling the connection of various blockchains, fostering an open and interoperable ecosystem.
Innovative solutions: Polkadot addresses the blockchain's most pressing challenges, including scalability, security, and interoperability.
Thriving community: Polkadot boasts a passionate community of developers and users, continuously contributing to the project's growth and development.
Today, it's never too late to invest in Polkadot! Seize the opportunity and transform your dreams into reality with Polkadot!
#Polkadot #DOT/USDT #investment #profit #success
In the year 2020, as the cryptocurrency market surged, you made a bold decision: to invest $20 in Polkadot ($DOT ). Back then, each DOT was priced at a mere $3, meaning you could purchase approximately 6.67 DOTs with your investment.
However, the outcome after just over a year left you astounded:
November 2021: DOT's price skyrocketed to a staggering $50/DOT.
Your DOT holdings: 6.67 DOTs
Total value: 6.67 DOTs * $50/DOT = $333.5
Profit: $333.5 - $20 = $313.5
Growth rate: $313.5 / $20 * 100% = 1567.5%
From a mere $20, you had amassed over $300, witnessing a profit of over 1500%!
Why did Polkadot succeed?
Cutting-edge technology: Polkadot stands as a leading multichain blockchain platform, enabling the connection of various blockchains, fostering an open and interoperable ecosystem.
Innovative solutions: Polkadot addresses the blockchain's most pressing challenges, including scalability, security, and interoperability.
Thriving community: Polkadot boasts a passionate community of developers and users, continuously contributing to the project's growth and development.
Today, it's never too late to invest in Polkadot! Seize the opportunity and transform your dreams into reality with Polkadot!
#Polkadot #DOT/USDT #investment #profit #success
Bitcoin Plunges as German "Whales" Dump 50,000 $BTC !
Wondering why Bitcoin prices have been plummeting lately?
Look no further than the German government!
In just 25 days, they've dumped 50,000 $BTC seized from the Movie2k piracy website, sending shockwaves through the crypto market.
The result? Bitcoin prices have tumbled from $65,600 to $57,800, even hitting a 5-month low of $53,500.
But that's just the beginning! The risk of the market continuing to plummet remains high as other "whales" like Mt. Gox, Genesis Trading, and Golem still hold massive amounts of Bitcoin and could sell off at any time.
Wondering why Bitcoin prices have been plummeting lately?
Look no further than the German government!
In just 25 days, they've dumped 50,000 $BTC seized from the Movie2k piracy website, sending shockwaves through the crypto market.
The result? Bitcoin prices have tumbled from $65,600 to $57,800, even hitting a 5-month low of $53,500.
But that's just the beginning! The risk of the market continuing to plummet remains high as other "whales" like Mt. Gox, Genesis Trading, and Golem still hold massive amounts of Bitcoin and could sell off at any time.
$BTC Price:
Likely to retest the $60,300 zone.
Two possible scenarios:
Scenario 1: Price breaks above this zone, creates a fake breakout signal, retests, and continues to rise.
Scenario 2: Price faces resistance at the $60,300 zone and continues to decline to $52,000 - $53,000.
Recommendations:
Hold altcoins purchased when the price dropped to $53,400.
Monitor the 1H timeframe for short-term trading (scalping) strategies for BTC.
Note: BTC.D variable is difficult to predict and can impact altcoin investments.
Altcoin Plan:
$ALT :
Buy ALT for the long term at the current price.
Alternatively, buy when the price rises to $0.15-0.16 USD and buy at the correction around $0.12-0.13 USD.
$SEI :
Accumulate SEI for the long term at the price range of $0.25-$0.30 USD.
Macroeconomic News to Watch:
Thursday, July 10:
9:00 PM PST: Fed Chairman Jerome Powell testifies on economic outlook and monetary policy.
Friday, July 11:
4:30 PM PST: Initial Jobless Claims data release.
4:30 PM PST: Consumer Price Index (CPI) data release.
Likely to retest the $60,300 zone.
Two possible scenarios:
Scenario 1: Price breaks above this zone, creates a fake breakout signal, retests, and continues to rise.
Scenario 2: Price faces resistance at the $60,300 zone and continues to decline to $52,000 - $53,000.
Recommendations:
Hold altcoins purchased when the price dropped to $53,400.
Monitor the 1H timeframe for short-term trading (scalping) strategies for BTC.
Note: BTC.D variable is difficult to predict and can impact altcoin investments.
Altcoin Plan:
$ALT :
Buy ALT for the long term at the current price.
Alternatively, buy when the price rises to $0.15-0.16 USD and buy at the correction around $0.12-0.13 USD.
$SEI :
Accumulate SEI for the long term at the price range of $0.25-$0.30 USD.
Macroeconomic News to Watch:
Thursday, July 10:
9:00 PM PST: Fed Chairman Jerome Powell testifies on economic outlook and monetary policy.
Friday, July 11:
4:30 PM PST: Initial Jobless Claims data release.
4:30 PM PST: Consumer Price Index (CPI) data release.
A Silver Lining in the Mt. Gox Hack:
10 years ago, Mt. Gox, the largest exchange at the time, was hacked and lost over 950,000 $BTC . At the time, $BTC was worth around $400.
Today, the victims of that hack are starting to be compensated with about 15% of the $BTC they lost. BUT, after 10 years, the price of BTC has increased by nearly 150 times, meaning they are getting back more than 20 times the amount they lost 10 years ago, not to mention BTC could continue to increase in value!
The silver lining here is that👇🏻
10 years ago, Mt. Gox, the largest exchange at the time, was hacked and lost over 950,000 $BTC . At the time, $BTC was worth around $400.
Today, the victims of that hack are starting to be compensated with about 15% of the $BTC they lost. BUT, after 10 years, the price of BTC has increased by nearly 150 times, meaning they are getting back more than 20 times the amount they lost 10 years ago, not to mention BTC could continue to increase in value!
The silver lining here is that👇🏻
Top 3 Altcoins Surging This Week Despite Market-Wide Downturn
The cryptocurrency market has been painted red with a strong correction, however, there are still some bright spots with altcoins showing impressive gains. Let's take a look at the top 3 altcoins that surged in the first week of July:
1. MultiversX ($EGLD ): Despite the overall market downturn, EGLD has still gained 15% this week, trading at $33.55. The chart shows that the uptrend could continue if the price stays above $27.
2. MANTRA ($OM ): Up 15.1% to $0.84, OM has attracted attention after completing a $500 million tokenization deal. The MACD indicator shows that an uptrend is in progress.
3. LayerZero ($ZRO ): Standing out with a gain of nearly 57%, ZRO has become the biggest gainer altcoin this week. However, it should be noted that the RSI is currently at a high level, suggesting a potential for correction.
The cryptocurrency market has been painted red with a strong correction, however, there are still some bright spots with altcoins showing impressive gains. Let's take a look at the top 3 altcoins that surged in the first week of July:
1. MultiversX ($EGLD ): Despite the overall market downturn, EGLD has still gained 15% this week, trading at $33.55. The chart shows that the uptrend could continue if the price stays above $27.
2. MANTRA ($OM ): Up 15.1% to $0.84, OM has attracted attention after completing a $500 million tokenization deal. The MACD indicator shows that an uptrend is in progress.
3. LayerZero ($ZRO ): Standing out with a gain of nearly 57%, ZRO has become the biggest gainer altcoin this week. However, it should be noted that the RSI is currently at a high level, suggesting a potential for correction.
The resounding success of IO Coin's ($IO ) Initial DEX Offering (IDO) on Binance Launchpad on June 11 marked a significant milestone, opening a new promising chapter for the io.net ecosystem and the immense potential of the IO token. Let's explore IO Coin's potential for future breakthroughs.
#IOInternetofGPU
#IOInternetofGPU
Unveiling the Bright Future of io.net and IO Coin Following Binance Launchpool Success
The resounding success of the IO Coin ($IO ) Initial DEX Offering (IDO) on Binance Launchpool on June 11th marked a pivotal milestone, ushering in a new chapter brimming with promise for the io.net ecosystem and the immense potential of the IO token. Let's delve into the compelling reasons why io.net and IO Coin hold the potential to break through in the future:
1. The World's Largest Decentralized GPU Network:
io.net pioneers the construction of the planet's largest decentralized GPU network (D
1. The World's Largest Decentralized GPU Network:
io.net pioneers the construction of the planet's largest decentralized GPU network (D
Conquering Futures: High Profits, Low Risks!
Futures trading opens doors to a world of immense potential with colossal profits. However, accompanying these high rewards are equally daunting risks. To master this volatile market, you need to equip yourself with knowledge, skills, and effective risk management strategies.
1. Arm Yourself:
Knowledge: Grasp the fundamentals of the Futures market, trading tools, and technical analysis.Skills: Hone your trading skills, chart analysis, make sound decisions, and control emotions.Strategy: Formulat
1. Arm Yourself:
Knowledge: Grasp the fundamentals of the Futures market, trading tools, and technical analysis.Skills: Hone your trading skills, chart analysis, make sound decisions, and control emotions.Strategy: Formulat
Write2Win
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Binance Vietnam
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#Write2Win - Writing to make money has been upgraded with additional rewards, only for Vietnamese creators!
EXCLUSIVE FOR VIETNAM CREATOR
Now, the Write to Make Money program has been upgraded with additional bonuses, only for Vietnamese creators!
Create content according to specified topics each week and the top 3 creators with the best quality content will receive a $50 reward in token vouchers (exchangeable into tokens)!
Every week we will create a discussion topic and will give away 50 FDUSD in token vouchers (can be exchanged for money) to the 3 creators whose posts have the highest interaction each week!
Now, the Write to Make Money program has been upgraded with additional bonuses, only for Vietnamese creators!
Create content according to specified topics each week and the top 3 creators with the best quality content will receive a $50 reward in token vouchers (exchangeable into tokens)!
Every week we will create a discussion topic and will give away 50 FDUSD in token vouchers (can be exchanged for money) to the 3 creators whose posts have the highest interaction each week!
Happy 7th annieversary Binance, the platform has fostered a thriving global crypto community, acting as a launchpad for innovation and empowering users with the freedom to manage their finances.
#BinanceTurns7
#BinanceTurns7
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Binance Square Official
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#BinanceTurns7 Come celebrate 7 years of Binance with us to unlock digital badges and win some exclusive 7YA swag!
Task 1: Share Your Binance Birthday Wishes to Unlock the Basic 7YA Digital Badge
- Complete the setup of your Binance Square profile (e.g., username, profile, biography) and follow this account @Binance_Square_Official during the Activity Period.
- Comment on this Binance Square official post with your Binance birthday wishes, and ensure that your post includes the #BinanceTurns7 hashtag to unlock the basic 7YA digital badge.
Task 2: Post Your Favorite Binance Memories to Unlock the Upgraded 7YA Digital Badge & Binance 7YA Merch
- Users who successfully complete Task 1 may receive an upgraded version of the 7YA Digital Badge by sharing their fondest memories with Binance in a new Binance Square post that mentions the #BinanceTurns7 hashtag during the Activity Period.
- On top of that, the top seven participants with the highest total number of engagements (i.e., likes, shares, comments, quotes) for a qualified post in Task 2 during the Activity Period, will each receive one set of Binance 7YA merch.
Terms and conditions:
- 7YA digital badges will appear next to the profiles of qualified participants within four working days after the promotion ends.
- Winners of 7YA merch will be notified via a push notification under Creator Center > Square Assistant, within four weeks after the promotion ends.
- Users should complete the required instructions within the timeframe stipulated in the push notification to successfully receive merch rewards. Please note that winners should provide a valid shipping address, and will be responsible for any taxes, if applicable.
- No refunds or cash equivalent value of the rewards will be granted.
Activity Period: 2024-07-05 12:00 (UTC) to 2024-07-10 11:59 (UTC)
Task 1: Share Your Binance Birthday Wishes to Unlock the Basic 7YA Digital Badge
- Complete the setup of your Binance Square profile (e.g., username, profile, biography) and follow this account @Binance_Square_Official during the Activity Period.
- Comment on this Binance Square official post with your Binance birthday wishes, and ensure that your post includes the #BinanceTurns7 hashtag to unlock the basic 7YA digital badge.
Task 2: Post Your Favorite Binance Memories to Unlock the Upgraded 7YA Digital Badge & Binance 7YA Merch
- Users who successfully complete Task 1 may receive an upgraded version of the 7YA Digital Badge by sharing their fondest memories with Binance in a new Binance Square post that mentions the #BinanceTurns7 hashtag during the Activity Period.
- On top of that, the top seven participants with the highest total number of engagements (i.e., likes, shares, comments, quotes) for a qualified post in Task 2 during the Activity Period, will each receive one set of Binance 7YA merch.
Terms and conditions:
- 7YA digital badges will appear next to the profiles of qualified participants within four working days after the promotion ends.
- Winners of 7YA merch will be notified via a push notification under Creator Center > Square Assistant, within four weeks after the promotion ends.
- Users should complete the required instructions within the timeframe stipulated in the push notification to successfully receive merch rewards. Please note that winners should provide a valid shipping address, and will be responsible for any taxes, if applicable.
- No refunds or cash equivalent value of the rewards will be granted.
Activity Period: 2024-07-05 12:00 (UTC) to 2024-07-10 11:59 (UTC)
Tron ($TRX ) unveils its secret weapon: gas-free stablecoin, challenging Ethereum and other blockchains!
The stablecoin market is about to witness a revolutionary change with the launch of Tron's groundbreaking solution: gas-free stablecoin. This once-unimaginable concept is now a reality, promising to usher in a new era for the blockchain industry. Tron founder Justin Sun has unveiled plans to integrate this solution into the Tron blockchain in Q4, followed by Ethereum and other EVM-compatible chains.
Tron's ambitious goal: To eliminate payment barriers, open up wider access to users, and drive mass adoption of blockchain technology. Tron currently leads the stablecoin market with transaction volumes 2-3 times higher than Ethereum and holds over $50 billion of the total $112 billion USDT value.
Tron's gas-free stablecoin solution offers several benefits:Direct competition with PayPal's PYUSD, enabling free cross-border payments to meet the growing demands of users.
Addressing the limitations after Circle and Binance discontinued $USDC support on Tron, solidifying Tron's position in the stablecoin market.
Expanding into the promising Bitcoin market: Building a layer 2 solution that supports "wrapped" Tether, attracting billions of dollars into the Bitcoin ecosystem and tapping into a new market with immense potential.
This is a powerful move by Tron into the stablecoin market: Changing the rules of the game, threatening Ethereum's ($ETH ) dominance, and forcing other blockchains to quickly adapt and innovate to compete.
The stablecoin market is about to witness a revolutionary change with the launch of Tron's groundbreaking solution: gas-free stablecoin. This once-unimaginable concept is now a reality, promising to usher in a new era for the blockchain industry. Tron founder Justin Sun has unveiled plans to integrate this solution into the Tron blockchain in Q4, followed by Ethereum and other EVM-compatible chains.
Tron's ambitious goal: To eliminate payment barriers, open up wider access to users, and drive mass adoption of blockchain technology. Tron currently leads the stablecoin market with transaction volumes 2-3 times higher than Ethereum and holds over $50 billion of the total $112 billion USDT value.
Tron's gas-free stablecoin solution offers several benefits:Direct competition with PayPal's PYUSD, enabling free cross-border payments to meet the growing demands of users.
Addressing the limitations after Circle and Binance discontinued $USDC support on Tron, solidifying Tron's position in the stablecoin market.
Expanding into the promising Bitcoin market: Building a layer 2 solution that supports "wrapped" Tether, attracting billions of dollars into the Bitcoin ecosystem and tapping into a new market with immense potential.
This is a powerful move by Tron into the stablecoin market: Changing the rules of the game, threatening Ethereum's ($ETH ) dominance, and forcing other blockchains to quickly adapt and innovate to compete.
Cryptocurrency: Bitcoin plummets, altcoins in turmoil, stablecoins under pressure
Bitcoin ($BTC ) in freefall:
Fears over Mt. Gox repayment and government selloffs send prices tumbling, many positions liquidated, market jittery.
Mt. Gox "resurrects":
After a 10-year delay, the exchange begins repaying customers in BTC and BCH. Mt. Gox's former CEO "relieved" as customers receive funds.
Market divergence:
El Salvador continues to buy BTC, billionaire Justin Sun ready to buy back BTC from Germany. BTC price forecast to reach new highs in August and $100,000 by November.
Altcoins: Some rejoice, some slump:
Token mergers: $FET , AGIX, OCEAN "merge", prices see slight gains.
Stablecoin regulation: MiCA takes effect, Circle receives first license.
Shiba Inu ($SHIB ) surges: Accepted as payment, price jumps.
ENS gains: Upcoming upgrade boosts investor sentiment.
Memecoins jubilant: Rise after Supreme Court ruling on Donald Trump.
Next week:
Short-term volatility likely due to macroeconomic factors and investor sentiment.
Many analysts remain optimistic about the long-term future of Bitcoin and crypto.
Bitcoin ($BTC ) in freefall:
Fears over Mt. Gox repayment and government selloffs send prices tumbling, many positions liquidated, market jittery.
Mt. Gox "resurrects":
After a 10-year delay, the exchange begins repaying customers in BTC and BCH. Mt. Gox's former CEO "relieved" as customers receive funds.
Market divergence:
El Salvador continues to buy BTC, billionaire Justin Sun ready to buy back BTC from Germany. BTC price forecast to reach new highs in August and $100,000 by November.
Altcoins: Some rejoice, some slump:
Token mergers: $FET , AGIX, OCEAN "merge", prices see slight gains.
Stablecoin regulation: MiCA takes effect, Circle receives first license.
Shiba Inu ($SHIB ) surges: Accepted as payment, price jumps.
ENS gains: Upcoming upgrade boosts investor sentiment.
Memecoins jubilant: Rise after Supreme Court ruling on Donald Trump.
Next week:
Short-term volatility likely due to macroeconomic factors and investor sentiment.
Many analysts remain optimistic about the long-term future of Bitcoin and crypto.
Bitcoin tumbles nearly 6%, dragging the crypto market into a sea of red.
Bitcoin ($BTC ) experienced a steep decline in the past 24 hours, dropping nearly 6% and hitting its lowest level since May 1st at $57,600. However, the coin has since recovered slightly and is currently trading around $58,500.
This drop is attributed to a resurgence of retail selling in the market. According to on-chain analyst Ali Martinez, BTC miners sold 2,300 BTC worth $145 million in the 72 hours leading up to July 2nd. Additionally, another "whale" also sent 1,723 BTC, equivalent to $106 million, to the Binance exchange.
The Altcoin market was not spared from the negative sentiment as Bitcoin plunged. Ethereum Name Service ($ENS ) was the hardest hit project in the top 100, dropping over 18% of its value in just 24 hours. Several other tokens also recorded losses of over 10%, including Akash Network (AKT), Dogwifhat (WIF), Fantom (FTM), Beam (BEAM), Pepe (PEPE), Jupiter (JUP), Arweave (AR), Core (CORE), Conflux (CFX), JasmyCoin (JASMY), Celestia (TIA), Bonk (BONK), Floki (FLOKI), Oasis (ROSE), THORChain (RUNE), NEAR Protocol (NEAR), Solana (SOL), Maker (MKR), ORDI (ORDI),...
Ethereum ($ETH ) also evaporated over 5% on the day, hitting a local low of $3,155 before rebounding to just above $3,200.
So, what does the future hold for the cryptocurrency market?
According to some analysts, the market could continue to see strong volatility in the near future. Rising interest rates and tightening monetary policy by central banks could cause investors to worry and sell off risky assets like cryptocurrencies.
Thank you for reading.
Bitcoin ($BTC ) experienced a steep decline in the past 24 hours, dropping nearly 6% and hitting its lowest level since May 1st at $57,600. However, the coin has since recovered slightly and is currently trading around $58,500.
This drop is attributed to a resurgence of retail selling in the market. According to on-chain analyst Ali Martinez, BTC miners sold 2,300 BTC worth $145 million in the 72 hours leading up to July 2nd. Additionally, another "whale" also sent 1,723 BTC, equivalent to $106 million, to the Binance exchange.
The Altcoin market was not spared from the negative sentiment as Bitcoin plunged. Ethereum Name Service ($ENS ) was the hardest hit project in the top 100, dropping over 18% of its value in just 24 hours. Several other tokens also recorded losses of over 10%, including Akash Network (AKT), Dogwifhat (WIF), Fantom (FTM), Beam (BEAM), Pepe (PEPE), Jupiter (JUP), Arweave (AR), Core (CORE), Conflux (CFX), JasmyCoin (JASMY), Celestia (TIA), Bonk (BONK), Floki (FLOKI), Oasis (ROSE), THORChain (RUNE), NEAR Protocol (NEAR), Solana (SOL), Maker (MKR), ORDI (ORDI),...
Ethereum ($ETH ) also evaporated over 5% on the day, hitting a local low of $3,155 before rebounding to just above $3,200.
So, what does the future hold for the cryptocurrency market?
According to some analysts, the market could continue to see strong volatility in the near future. Rising interest rates and tightening monetary policy by central banks could cause investors to worry and sell off risky assets like cryptocurrencies.
Thank you for reading.