Why is a Bitcoin correction a good thing for a BULL-RUN later this year?

There are many reasons for Bitcoin to correct, but looking at this from a positive perspective, we see the necessary factors:

- Holders panicked and decided to cut losses
- Traders who opened Long Positions ran out of money due to liquidation

- Investors expect prices to decrease further and do not buy at this time
- Reducing prices after a long period of continuous price increases helps make the market structure more sustainable

- Altcoins have better valuations and are easier to grow stronger
- MM and Whale still have good prices to silently accumulate altcoins

Therefore, do not lose faith in BULL-RUN at this time! Rewards are reserved for only the most steadfast investors.
#Write2Win #Binance $BTC $BETA

This AI project just received 85 million USD from Pantera, Framework, Polychain,...

Open source AI project Sentient has raised $85 million in Seed Round, led by famous funds such as Founders Fund, Pantera, Framework Ventures, Polychain, Ethereal Ventures,...

Sentient was born with the purpose of building AI Models based on community contributions. The difference between Sentient and OpenAI is that this project offers open source approaches that allow users to contribute and refine the Model, and reward users based on the level of their contribution.

Sentiment's core team includes: Sandeep Nailwal (Polygon co-founder), Pramod Viswanath (Princeton professor), Himanshu Tyagi (Indian Institute of Science professor) and Sensys (AI startup). In addition, the Project also receives advice from Sreeram Kannan (founder & CEO EigenLayer).

Sentient plans to launch Testnet on the Polygon blockchain in the third quarter of 2024. Sentient has not yet revealed whether it will launch a token or not, we still need to wait more in the future.

#Write2Win #Binance #IntroToCopytrading $BTC $ZRO $OMNI

The most notable Unlocks tokens in July 2024

1. AltLayer (July 25): the project will issue 684 million ALT (42.08% cir. supply) - worth about 125 million USD. This amount of tokens will be allocated to Team, Investor, Advisor, Ecosystem Treasury & Community.

2. XAI (July 9): unlock 198.4 million XAI (71.59% circ. supply) - worth 93 million USD. This amount of tokens will be allocated to Team, Investor, Ecosystem & Treasury.

3. Sui (SUI): unlock 64.19 million SUI (2.65% of total supply) - worth 53.2 million USD

4. Io.net (IO): unlock 7.5 million IO (7.89% of total supply) - worth 26 million USD.

5. Aptos (APT): unlock 11.31 million APT (2.58% of total supply) - worth 77.5 million USD.

6. Immutable X (IMX): unlock 32.47 million IMX (2.19% of total supply) - worth 50 million USD.

7. Arbitrum (ARB): unlock 92.65 million ARB (3.2% total supply) - worth 75 million USD.

#Write2Win #Binance $BETA $NTRN

These 3 tokens are about to disappear from Binance and be replaced by new tokens. What do you need to prepare?

Fetch AI has posted a roadmap to merge 3 tokens AGIX, FET & OCEAN into ASI tokens with 2 main stages as follows:

Phase 1: Deposits & withdrawals of AGIX & ​​OCEAN tokens will be temporarily suspended to prepare for redemption. The conversion platform from AGIX & ​​OCEAN to FET will be opened on SingularityDAO dApp and exchanges will delist these 2 tokens. Transactions proceed normally for FET.

Phase 2: Network update: Fetch AI Network will update to ASI Network, then ASI Token will be deployed on many chains. Convert contracts from FET, AGIX & ​​OCEAN to ASI. Exchanges convert spot market from FET to ASI. Currently, Binance has confirmed that it will convert from FET to ASI.

ASI tokens will have a total supply of 2.6 billion tokens with an estimated total market capitalization of 7.5 billion USD. The combination of three leading projects in the field of AI x Crypto can create an AI super network, promising to lead the AI ​​wave when the market recovers.

#Write2Win #Binance $BTC $BETA

Bitcoin has always increased strongly in price whenever RSI is in the OVERSOLD state.

Since Bitcoin's bottom price of $15.5k in November 2022 until now, every time the RSI (1D chart) oversold, Bitcoin price usually no longer drops deeply and rebounded strongly in a short time immediately afterward. Will this happen again this time?

This is entirely possible when the FUD related to Bitcoin that has taken place in recent days no longer causes the price to drop sharply, such as the German government selling Bitcoin or Mt. Gox pays Bitcoin to creditors.

Besides, cash flow gradually returned to Bitcoin when Spot Bitcoin ETF funds recorded inflows worth 31 million USD after 7 consecutive days of outflows.

#Write2Win #Binance $CVX $BTC $NOT

Expected factors that could help Bitcoin increase in price in the coming months!

1. Miners stop selling Bitcoin. After the Halving, miners are under great pressure due to very high mining costs, forcing them to sell BTC to maintain facilities and buy new mining machines. After upgrading the mining system with better performance, they no longer have to sell Bitcoin.

2. Mt. Gox pays off debt slowly. The amount of Bitcoin and Bitcoin Cash that Mt. Gox must pay creditors worth up to 9 billion USD. But the good news for you is that they will repay this amount of coins in many different installments. The best case scenario is that they repay their debt multiple times over a long period of time to reduce selling pressure.

3. US Presidential candidates support Crypto. Both Joe Biden and Donald Trump sought to attract web3 voters to their side by repeatedly declaring their support for crypto and especially Bitcoin.

Today, the Fear & Greed index reached 30, showing that the market is extremely scared. This is the lowest level in the past year and we may soon see buying pressure increase again!

#Write2Win #binance $FET $WIF $BTC

Notice of Mt. Gox caused Bitcoin to drop to 60K, but you should not panic by this!

Mt Gox announced that it will refund Bitcoin (BTC) & Bitcoin Cash (BCH) to creditors as early as July 2024, shortened from the previously expected date of October 31, 2024. Bitcoin price immediately reacted and adjusted to 60K, most altcoins also decreased following this event.

Refunds from Mt. Gox will be implemented directly on centralized exchanges (CEX). However, these amounts will be divided into several installments to limit selling pressure on the market.

Therefore, you do not need to worry too much because it is impossible for a large amount of Bitcoin worth 9 billion USD to be brought to the market for sale at the same time.

#Write2Win #Binance #BinanceTournament $BTC $MTL $ZRO

If Bitcoin falls below 64k, which price support areas are important?

The BTC price breaching the $64,000 mark on June 21 caused most short-term BTC investors to suffer losses. The reason is because the average purchase price of short-term investors holding BTC for less than 155 days (STH - Short Term Holder) is currently at 64,230 USD.

This is important data for traders because it has been an important support zone for BTC price over the past 2 years - since November 2022 (when BTC price was 15,600 USD).

Analysts at CryptoQuant said: "BTC's drop below the purchase price of this Short Term Holder indicates the possibility of an 8% - 12% downward correction, equivalent to a price of $58,500 - $60,000."

Overall, traders are quite pessimistic about the short-term price outlook for BTC, with notable support levels from 58k - 60k. However, in the long term, experts still believe that BTC can surpass its peak and rise to a price of $100,000 - $200,000.

#Write2Win #Binance $ZRO $BTC $PEOPLE

Accumulating altcoins in these sectors during the second half of 2024 could help your portfolio outperform other investors!

1. RWA. Real World Assets are real-world assets encoded into tokens or NFTs using blockchain. RWA opens up many new investment opportunities for both traditional investors and investors in the crypto market. Thereby, creating higher liquidity for asset types.

2. Restaking. Spot Ethereum ETF approval marks a major step forward. This means that new investment money will flow into the Ethereum ecosystem, increasing the liquidity and value of ETH. Thereby motivating many investors to participate in staking/restaking to maximize profits.

3. AI. Big Tech is now racing to enhance and apply AI to their product/service suite. The crypto market is no exception with a series of potential AI application projects being launched, solving life problems and promoting new technology models.

4. Memecoin. Memecoin is an indispensable piece for the crypto market. Memecoin is the most effective way at the present time that chains apply to grow network activity and attract users, especially new users. Investing in memecoin can bring many risks, but it cannot be denied that this will continue to be one of the narratives dominating the market in the coming period.

#Write2Win #Binance #BinanceTournament $BTC $LISTA $TRB

Is Bitcoin rallying on news that the FED will inject liquidity into the market in the coming days?

According to Talking Macro analysis, Bitcoin (BTC) price may continue to recover within the next 10 days as the US Federal Reserve (FED) injects more liquidity into the financial system.

Talking Macro points out a notable correlation between BTC price and FED liquidity injections since the end of March until now. Although the BTC price is currently down 3.2% compared to the opening price of the month, he believes that the situation could reverse before the month ends.

It can be seen that short-term BTC price bottoms also coincide with times when the FED's liquidity injections slow down. The opposite will happen when BTC price hits a short-term peak. Bitcoin's ATH price of $73,800 in mid-March was also accompanied by a surge in FED liquidity injections into the market.

In addition to the above event, a few other factors could boost the crypto market in the short term, such as the SEC ending its investigation into Ethereum and Consensys.

This helps alleviate concerns about the SEC classifying ETH as a security, and increases the likelihood that the SEC will soon allow the Spot Ethereum ETF to be officially traded!

#Binance #Write2Win #AirdropGuide $ZRO $ZK $BTC

Binance Labs invests in this cross-chain DEX. Will the project's token be listed on Binance soon?

Binance Labs has just announced an investment in Rango (June 19, 2024) - a decentralized exchange (DEX) and bridge aggregator. Besides Binance Labs, two other investment funds, Nomad Capital & Foresight Ventures, also participated in Rango's capital call round.

Rango supports 60+ chains, 70+ DEXs and 20+ bridges, with a total transaction volume exceeding 3 billion USD. As of June 19, Rango has processed more than 2.5 million swap transactions for 590,000 wallet addresses.

Meanwhile, Binance Labs owns an investment portfolio worth more than $10 billion. Binance Labs' portfolio includes 250 projects from over 25 countries across 6 continents and has a return on investment (ROI) of over 14x.

With support from Binance Labs, Rango will expand and promote multi-chain operations. Furthermore, thanks to the relationship with Binance Labs, Rango is a project with the potential to be listed on the Binance exchange in the future.

#Binance #AirdropGuide #BinanceTournament $BTC $ZK $BNB

ZKSYNC $ZK MOONSHEET 🚀

ZKsync is the L2 that the community has been looking forward to the most recently and will officially list on Binance in the next few hours! This is a pioneering project in ZK technology and builds with the vision of a large HyperChain ecosystem!

What is your prediction for the $ZK token price when listed? Leave your comments below in the Comments section to discuss with the community!

#BinanceTournament #Binance #zksync $BTC $CVX

At what price will ZKsync (ZK) be listed and traded? Here are some reference price ranges:

🟢 $0.7 - $1.1. At this price range, ZKsync's valuation (FDV) is about 15 - 23 billion USD, Market Cap is 2.5 - 4 billion USD. This is high FDV compared to the market and compared to the remaining L2s. But based on the raised capital (458M), the VC group wants ZKsync to become the most valuable L2 in the market.

🟡 $0.4 - $0.7. This is the price range OTC is trading in before and after the airdrop announcement, there is quite a big difference, but in many aspects, this is the most likely price range. FDV ZKsync fluctuates around 10 billion USD, very suitable in the current market context. At this price, ZKsync's Market Cap will be close to that of Optimism, Arbitrum and Starknet.

🔴 Less than $0.4. The selling pressure from the Airdrop and community protests could drive the price of ZK below $0.4 and this is a very bearish case for ZKsync. At this price, ZK's initial cap could be <span billion USD. This is the price area where strong buying pressure can appear.

Whether you love or hate ZKsync, remember that this is still a financial game and what you need is to analyze, make a plan and control risks from your investment!

#TopCoinsJune2024 #Binance $BTC $IO $CVX

Whales Accumulate Over $1 Billion as ETH Falls: Signs of "BUY THE DIP"?

Ethereum price plummeted nearly 15% after the SEC approved the 19b-4 filings of eight Spot ETH ETF issuers on May 23. However, the downward momentum somewhat slowed down on June 14 thanks to this series of moves by the Whales.

According to Crypto Quant, the amount of ETH purchases by permanent holders (wallets that only buy without selling) reached 298,000 ETH (more than 1 billion USD) on June 12. This is the second highest number in history, only behind the record of 317,000 ETH in November 2023.

The fact that long-term investors increased their accumulation of ETH when the price plummeted shows their confidence in ETH's future growth potential.

Recently, SEC Chairman Gary Gensler shared that the SEC will likely approve the S-1 application of Spot ETH ETF funds in about 3 months. If the S-1 filing is approved, Spot ETH ETFs will be officially traded on the US stock exchange.

If the "buy the rumors, sell the news" approach is applied, the current time may be a suitable buying point for ETH before the SEC approves the S-1 filing.

#TopCoinsJune2024 #Binance $BTC $RPL

CPI and inflation are gradually being well controlled, but did you know that Bitcoin usually increases in price every time this event takes place?

In just a few hours, the FOMC (Federal Open Market Committee) will meet in the United States. This is a periodic event, including statements from the FED and financial experts on monetary policies, especially changes in interest rates.

Recently released information about CPI (y/y) shows that inflation is under good control, causing the market to expect that the FED will make positive statements, such as hinting at cutting interest rates in the second half. end of 2024.

According to data from December 2023, Bitcoin has increased by about 20% immediately after each FOMC meeting. This data shows a close connection between positive statements from the FED when CPI and inflation are well controlled and the growth of Bitcoin.

Let's wait and see the results from the upcoming FOMC meeting.

#TopCoinsJune2024 #Binance $BTC $NOT $IO

63% of users receiving ZKsync airdrop use this Web3 Wallet! Is there still a chance for the next Airdrop on ZKsync?

Layer 2 zkSync has announced information about the airdrop plan as well as the tokenomics mechanism of the $ZK token after much anticipation from the Crypto community. Leading zkSync projects are also attracting great attention - especially Holdstation.

According to the latest data from Holdstation, up to 441,000 Holdstation Wallet application users received the ZK token airdrop from zkSync. This number accounts for more than 63% of the total number of wallets allocated airdrops by zkSync (695,232 eligible wallets).

Users who meet the conditions to receive Airdrop need to experience features on Holdstation Wallet such as Paymaster or Liquidity Provider. In particular, Paymaster is a unique feature of Holdstation that allows users to pay transaction fees with stablecoins, instead of only being able to use ETH.

HoldStation has snapshotted and is ready to announce their Airdrop token #HOLD in the coming days. If you are a HoldStation Wallet user, don't forget to check your phone every day.

If you have never experienced HoldStation, this is an opportunity to get started and get exposed to ZKsync and HoldStation, because ZKsync still has many tokens for ecosystem incentives in the future!

#TopCoinsJune2024 #Binance $IO $BTC

The biggest AIRDROP of 2024 could take place this week and here's what you need to know ahead

Today, zkSync made several announcements regarding the distribution of ZK tokens as well as the establishment of ZK Nation - an official governance DAO of the zkSync Layer 2 project. ZK Nation will consist of 3 main components:

1. Token Assembly: ZK token holders will authorize delegates (Assembly) to participate in voting. Delegates will propose, consider & approve proposals that affect the zkSync ecosystem such as tokens, governance systems,...

2. Guardians: The zkSync project community will elect 5 members as Guardians - people who help protect the values ​​of the zkSync network by exercising veto power, proposing or approving emergency network actions zkSync.

3. Security Council: A council consisting of 12 people who are leading technical experts worldwide. They will have the right to freeze the zkSync platform in case the network encounters a security threat or serious error that requires an immediate upgrade.

The ZK token is expected to have important functions in shaping & developing ZK Nation as well as ZKsync. Announcement on use cases & distribution of ZK tokens will be announced this week!

#TopCoinsJune2024 #Binance $BTC $AUDIO $OM

Binance Launchpool lists IO (io.net), participate in IO farm by staking BNB and FDUSD

io.net is a decentralized cloud computing network, allowing users to access and use endless computing power resources at a fraction of the cost of centralized services.

io.net provides computing power solutions to everyone, especially developers and companies in the field of large-scale AI and ML (Machine Learning).

Launchpool IO information:
- Farming time: 07:00 VN, June 7 - 06:59 VN, June 11
- Listing: 19:00 Vietnam, June 11
- Launchpool reward: 20,000,000 IO (4% total supply)
- Initial circulation: 95,000,000 IO (19% total supply)
- Farm IO by Staking BNB and FDUSD

#Binance #Launchpool #ionet

Bitcoin could break ATH of $73K if this metric is lower than expected. Will Altcoin season come after this event?

After a correction to $56K in early May, Bitcoin showed a price recovery when it rose above $70K, but that was not enough for Bitcoin to break its ATH. But the event in the middle of this month could boost both Bitcoin and Altcoin prices.

“If the CPI is at 3.3% or lower, Bitcoin will set a new all-time high,” said researcher Markus Thielen. Thielen argued that there are no “random” fluctuations in Bitcoin price; all originate from important drivers such as macroeconomic data such as inflation or unemployment index.

Another positive signal is that the US Treasury will buy back bonds to reduce pressure on banks, thereby loosening monetary policy. This is an extremely positive signal for investment markets such as stocks or crypto!

On the political front, Joe Biden has contacted several crypto companies to learn more about Crypto policies. Meanwhile, Donald Trump and Elon Musk also discussed a number of separate policies to further promote crypto in payments and investments.

A day full of so much good news. Guys, please hold on with confidence! Altcoin season may come sooner than expected thanks to the positive news that is constantly being released!

#EarnFreeCrypto2024 #Binance $NOT $STG

The world's largest asset management company dominates the Spot Bitcoin ETF market share. Will BTC soon increase in price to $100K thanks to continuous cash flow from TradFi?

At the end of the trading session on May 28, BlackRock's Spot Bitcoin ETF (IBIT) marked a very meaningful milestone when it surpassed GBTC Grayscale fund for the first time to become the fund holding the largest amount of Bitcoin today.

BlackRock is the world's largest asset manager with assets under management (AUM) worth more than $10,000 billion. Since the beginning of 2024, BlackRock is increasingly showing its influence on the Crypto market.

BlackRock's IBIT fund led with an inflow of 102 million USD on May 28, in contrast to Grayscale's GBTC fund which recorded a net withdrawal of 105.2 million USD. Summary of the trading session, recording net cash flow into Spot BTC ETF funds of 45 million USD, marking a series of 11 consecutive days with inflows!

With the continuous flow of money pouring in from TradFi, along with positive news and supportive moves from the US Government, it is highly likely that Bitcoin will continuously break its peak in the coming months.

#EarnFreeCrypto2024 #binance $AUCTION $CTK $BTC