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Shiba Inu Price Hits Key Inflection Point: Why SHIB Could Be a Buy Despite Whale SelloffsThe price of Shiba Inu ($SHIB {spot}(SHIBUSDT) ) has fallen sharply, dropping over 10% today and 22% over the past week. This downturn comes as some early Shiba Inu whales cash out profits in meme coins, including SHIB. CoinGape’s recent warning of a potential drop to the $0.000024 level has proven accurate. Despite the decline, SHIB's technical indicators suggest the possibility of a Santa Claus rally, with the token unlikely to fall further below the $0.0000234 mark. Whale Selloffs Impact Shiba Inu Price On-chain data reveals significant selloffs by whales, contributing to SHIB's price decline. One notable whale sold 250 billion SHIB tokens worth $6.05 million, according to Lookonchain. This whale originally spent just $3,800 to acquire 15.28 trillion tokens in August 2020. Spot On Chain further reported that the same whale offloaded an additional 150 billion SHIB tokens on the Gemini #exchange . Earlier in November, the whale, identified as '0xd6b,' sold 100 billion SHIB tokens. Despite these transactions, the whale still holds 2 trillion SHIB, valued at $48.38 million, with an estimated profit of $108 million. The broader crypto market weakness and panic selling triggered by whale activity have led to significant liquidations. According to Coinglass, traders closed nearly $5 million in SHIB-related long positions over the past 24 hours. Community Concerns Amid Price Decline The SHIB community has expressed concerns over the falling burn rate of the token, which has dropped by 70% according to the Shibburn portal. Despite these challenges, the community remains optimistic about a price recovery, driven by anticipation for SHIFU and TREAT tokens. Technical Analysis: Signs of a Rebound SHIB’s intraday price ranged between $0.000023 and $0.000026 before settling at $0.0000241, rebounding from the 0.5 Fibonacci retracement level. Increased buying activity on platforms like Crypto.com and CoinEx suggests growing investor interest at this price point. Analysts warn that the $0.0000234 level is critical for investors to monitor. If SHIB holds this support, it could potentially rally to a high of $0.0000998 during the next bull market. Resistance at $0.000037 is identified as the next key hurdle for a breakout. Outlook for Shiba Inu Price With on-chain and technical indicators showing improvement, the Shiba Inu price appears poised for a parabolic rally. Analysts suggest investors should prepare for potential volatility in mid-January, coinciding with key market events like Donald Trump’s inauguration day. While short-term risks remain, SHIB’s current price levels may offer a compelling buying opportunity for long-term investors anticipating a bullish 2024. #CorePCESignalsShift

Shiba Inu Price Hits Key Inflection Point: Why SHIB Could Be a Buy Despite Whale Selloffs

The price of Shiba Inu ($SHIB
) has fallen sharply, dropping over 10% today and 22% over the past week. This downturn comes as some early Shiba Inu whales cash out profits in meme coins, including SHIB. CoinGape’s recent warning of a potential drop to the $0.000024 level has proven accurate. Despite the decline, SHIB's technical indicators suggest the possibility of a Santa Claus rally, with the token unlikely to fall further below the $0.0000234 mark.

Whale Selloffs Impact Shiba Inu Price
On-chain data reveals significant selloffs by whales, contributing to SHIB's price decline. One notable whale sold 250 billion SHIB tokens worth $6.05 million, according to Lookonchain. This whale originally spent just $3,800 to acquire 15.28 trillion tokens in August 2020.

Spot On Chain further reported that the same whale offloaded an additional 150 billion SHIB tokens on the Gemini #exchange . Earlier in November, the whale, identified as '0xd6b,' sold 100 billion SHIB tokens. Despite these transactions, the whale still holds 2 trillion SHIB, valued at $48.38 million, with an estimated profit of $108 million.

The broader crypto market weakness and panic selling triggered by whale activity have led to significant liquidations. According to Coinglass, traders closed nearly $5 million in SHIB-related long positions over the past 24 hours.

Community Concerns Amid Price Decline
The SHIB community has expressed concerns over the falling burn rate of the token, which has dropped by 70% according to the Shibburn portal. Despite these challenges, the community remains optimistic about a price recovery, driven by anticipation for SHIFU and TREAT tokens.

Technical Analysis: Signs of a Rebound
SHIB’s intraday price ranged between $0.000023 and $0.000026 before settling at $0.0000241, rebounding from the 0.5 Fibonacci retracement level. Increased buying activity on platforms like Crypto.com and CoinEx suggests growing investor interest at this price point.

Analysts warn that the $0.0000234 level is critical for investors to monitor. If SHIB holds this support, it could potentially rally to a high of $0.0000998 during the next bull market. Resistance at $0.000037 is identified as the next key hurdle for a breakout.

Outlook for Shiba Inu Price
With on-chain and technical indicators showing improvement, the Shiba Inu price appears poised for a parabolic rally. Analysts suggest investors should prepare for potential volatility in mid-January, coinciding with key market events like Donald Trump’s inauguration day.

While short-term risks remain, SHIB’s current price levels may offer a compelling buying opportunity for long-term investors anticipating a bullish 2024.
#CorePCESignalsShift
Maurice Hentrich Eon6:
can shiba inu 1$
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Bearish
#BITCOIN UPDATE! Since I shared the price, it has dropped by 11% directly. I hope you've taken advantage of this and, most importantly, that YOU HAVE NOT LOST MONEY! I shared the trades directly, providing 10 scenarios without the "which one will work" approach. We directly shared the tools! Because I'm not good at advertising, my value isn't well-known, but in this market, very few could call the top for shorts - I was one of them. However, as I mentioned, due to my lack of advertising skills, you continue to follow empty individuals and keep losing money! #crypto #cryptocurrency #exchange #ethusdt #altcoins
#BITCOIN UPDATE!

Since I shared the price, it has dropped by 11% directly. I hope you've taken advantage of this and, most importantly, that YOU HAVE NOT LOST MONEY!

I shared the trades directly, providing 10 scenarios without the "which one will work" approach. We directly shared the tools!

Because I'm not good at advertising, my value isn't well-known, but in this market, very few could call the top for shorts - I was one of them. However, as I mentioned, due to my lack of advertising skills, you continue to follow empty individuals and keep losing money!

#crypto
#cryptocurrency #exchange #ethusdt
#altcoins
--
Bearish
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🔥COIN faces Justin Sun over WBTC delisting 🤔 COIN, the #criptomonedas largest exchange based in the United States, plans to suspend trading of the #Bitcoin wrapped or WBTC on December 19. Following this decision, Bit Global, affiliated with Justin Sun, filed a lawsuit against COIN. On December 17, COIN filed a response to this lawsuit, stating that the delisting of WBTC from the platform is based on compliance and risk management. Additionally, the #Exchange expresses concerns about the partnership between Bit Global and Justin Sun, indicating that it is an "unacceptable risk". Members of the crypto community have criticized COIN's decision, for the reasons given to exclude WBTC from the platform. Another rumor circulating is that COIN wants to delist WBTC to promote cbBTC, its own wrapped Bitcoin launched a few months ago. Would this be considered unfair competition? 👉More crypto updates ... Share and follow me for more 👈😎 $WBTC {spot}(WBTCUSDT)
🔥COIN faces Justin Sun over WBTC delisting 🤔

COIN, the #criptomonedas largest exchange based in the United States, plans to suspend trading of the #Bitcoin wrapped or WBTC on December 19. Following this decision, Bit Global, affiliated with Justin Sun, filed a lawsuit against COIN.

On December 17, COIN filed a response to this lawsuit, stating that the delisting of WBTC from the platform is based on compliance and risk management. Additionally, the #Exchange expresses concerns about the partnership between Bit Global and Justin Sun, indicating that it is an "unacceptable risk".

Members of the crypto community have criticized COIN's decision, for the reasons given to exclude WBTC from the platform. Another rumor circulating is that COIN wants to delist WBTC to promote cbBTC, its own wrapped Bitcoin launched a few months ago.

Would this be considered unfair competition?

👉More crypto updates ...
Share and follow me for more 👈😎
$WBTC
--
Bullish
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Top 5 Cryptocurrency Exchanges in 2025 to Buy Bitcoin and CryptocurrenciesWith the continued growth of cryptocurrencies and their global adoption, 2025 promises to be a crucial year for investors in Bitcoin and other digital assets. Choosing the right exchange is essential to maximizing your profits and ensuring the security of your investments. In this article, we present the five best cryptocurrency exchanges in 2025 so you can safely buy Bitcoin and other cryptocurrencies. Why is choosing an exchange so important? In the world of cryptocurrencies, [intercambios](https://www.binance.com/es-LA/square/post/8087241490386) act as bridges between you and your financial goals. Just as choosing a reliable bank is essential in the traditional market, choosing a safe and efficient exchange is vital in the crypto universe. Low fees, solid security, variety of cryptocurrencies, and ease of use are some of the factors that can significantly impact your earnings.

Top 5 Cryptocurrency Exchanges in 2025 to Buy Bitcoin and Cryptocurrencies

With the continued growth of cryptocurrencies and their global adoption, 2025 promises to be a crucial year for investors in Bitcoin and other digital assets. Choosing the right exchange is essential to maximizing your profits and ensuring the security of your investments.
In this article, we present the five best cryptocurrency exchanges in 2025 so you can safely buy Bitcoin and other cryptocurrencies.
Why is choosing an exchange so important?
In the world of cryptocurrencies, intercambios act as bridges between you and your financial goals. Just as choosing a reliable bank is essential in the traditional market, choosing a safe and efficient exchange is vital in the crypto universe. Low fees, solid security, variety of cryptocurrencies, and ease of use are some of the factors that can significantly impact your earnings.
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Kraken and BitGo will help distribute the first payments of FTX in 2025 More than two years after the cryptocurrency exchange filed for bankruptcy, the first group of FTX creditors could receive recovery payments starting in January #exchange #FTX #Kraken. #BitGo #Criptomonedas $FTT
Kraken and BitGo will help distribute the first payments of FTX in 2025

More than two years after the cryptocurrency exchange filed for bankruptcy, the first group of FTX creditors could receive recovery payments starting in January

#exchange #FTX #Kraken. #BitGo #Criptomonedas $FTT
This year, Binance recorded $22 billion in net inflows, once again securing its spot as the global leader 🌍. Despite market ups and downs, users continue to trust Binance for its reliability, security, and top-tier services 💪. Binance remains THE go-to platform for crypto enthusiasts and pros in 2024 🔥. #exchange #News #BinanceSquareFamily
This year, Binance recorded $22 billion in net inflows, once again securing its spot as the global leader 🌍. Despite market ups and downs, users continue to trust Binance for its reliability, security, and top-tier services 💪. Binance remains THE go-to platform for crypto enthusiasts and pros in 2024 🔥.

#exchange #News #BinanceSquareFamily
Cryptocurrency ExchangesDigital platforms that enable buying, selling, and trading of various cryptocurrencies, acting as crucial intermediaries in the crypto ecosystem. #exchange

Cryptocurrency Exchanges

Digital platforms that enable buying, selling, and trading of various cryptocurrencies, acting as crucial intermediaries in the crypto ecosystem.
#exchange
Babylon Chain Deposited on $3.6 Billion Worth of BitcoinBabylon Chain, the middleware #blockchain securing Cosmos-based chains with Bitcoin, just broke $3 billion worth of deposits. Babylon has seen deposits totaling over 36,100 BTC, worth more than $3.63 billion, as of press time, according to Dune data. The assets were delivered by nearly 88,000 unique depositors. And in the past week, the amount of Bitcoin being deposited jumped by nearly 51.4%. With nearly $350 million deposited on Dec. 11 and $834 million deposited on Dec. 10, Babylon Chain saw $1.2 billion worth of Bitcoin deposits in 48 hours. Unique depositors also jumped from about 48,000 on Dec. 10 to 62,230 on Dec. 11, adding about 14,250 users in just a day. This follows an early October report indicating that at the time Bitcoin holders had locked up about 23,000 BTC worth about $1.4 billion on Babylon Chain. The project established a marketplace connecting users looking to lock up their Bitcoin in #exchange for rewards with proof-of-stake networks looking for valuable assets to secure their networks. Babylon Chain is a protocol that attempts to integrate Bitcoin’s security features—its Proof-of-Work time stamping, asset liquidity, and censorship-resistant block space—into other blockchain ecosystems. Bitcoin $BTC {spot}(BTCUSDT) Through its Bitcoin security-sharing protocols, Babylon claims to enable decentralized networks to inherit Bitcoin’s robust security, creating a more secure and trust-minimized foundation for proof-of-stake chains and other decentralized applications. The sudden jump in deposits follows the world’s leading cryptocurrency exchange [Binance rolling out support](https://www.binance.com/en/support/announcement/binance-earn-introduces-on-chain-yields-with-the-launch-of-babylon-btc-staking-589b18e844dc48538c7340353186d939) for yield-generation through Babylon Chain on Dec. 9. Similarly, competing platform Bitrue also added support for the network on the same day. Bitrue research team lead Andri Fauzan Adziima told coindatacap that the exchange decided to integrate Babylon Chain because it turns Bitcoin “from just a store of value into something that actively supports blockchain security.” He also said that Bitrue plans to leverage “Babylon Chain’s Bitcoin-backed security model to build trust, increase activity on the platform, and attract institutional investors.” “When users feel secure, they’re more likely to participate, and that activity brings in more liquidity,” Adziima said. What is Babylon Chain? Babylon Chain is a blockchain protocol that aims to increase the security of Proof-of-Stake (PoS) blockchains by leveraging the power of Bitcoin. It allows Bitcoin holders to stake their BTC without losing custody of their coins, thereby adding a third use case for Bitcoin beyond its traditional roles as a store of value and a means of payment.   Key features of Babylon Chain: Trustless Bitcoin Staking: Users can stake their Bitcoin without relying on third-party intermediaries, ensuring full control over their assets.  Enhanced Security for PoS Chains: By utilizing Bitcoin as collateral, Babylon Chain strengthens the security of PoS blockchains, making them more resistant to attacks.  Increased Bitcoin Utility: The protocol expands the use cases of #bitcoin☀️ allowing it to actively participate in securing and powering other blockchains.   Babylon Chain’s innovative approach has garnered significant attention and investment from prominent venture capital firms. It represents a promising development in the blockchain ecosystem, with the potential to reshape the way Bitcoin and other cryptocurrencies interact with each other. how does Babylon Chain work? Babylon Chain leverages Bitcoin’s security to enhance the security of Proof-of-Stake (PoS) blockchains. Here’s a simplified breakdown of how it works:   1. Bitcoin Staking: Self-Custody: Users retain full control over their Bitcoin throughout the staking process.  Trustless Staking: No intermediaries are involved, eliminating the need to trust third-party custodians.Security: Bitcoin’s robust security infrastructure is utilized to secure the PoS chains.   2. Shared Security Model: Bitcoin as Collateral: Bitcoin acts as collateral to back the security of PoS chains.  Enhanced Security: By leveraging Bitcoin’s security, PoS chains become more resilient to attacks.   3. Staking Rewards: Yield Generation: Bitcoin holders earn rewards for staking their BTC.  Incentivized Participation: The reward mechanism encourages participation and contributes to the overall security of the network. Key Protocols: Bitcoin Staking Protocol: Enables users to stake their Bitcoin without losing custody.  Bitcoin Timestamping Protocol: Leverages Bitcoin’s timestamping service for enhanced security.  Bitcoin Data Availability Protocol: Utilizes Bitcoin’s blockspace to ensure data availability and integrity. Overall, Babylon Chain aims to create a more secure and interconnected blockchain ecosystem by harnessing the power of Bitcoin. Disclaimer || The Information provided on this website article does not constitute investment advice,financial advice,trading advice,or any other sort of advice and you should not treat any of the website’s content as such. Always do your own research! DYOR NFA Coin Data Cap does not recommend that any cryptocurrency should be bought, sold or held by you, Do Conduct your own due diligence and consult your financial adviser before making any investment decisions

Babylon Chain Deposited on $3.6 Billion Worth of Bitcoin

Babylon Chain, the middleware #blockchain securing Cosmos-based chains with Bitcoin, just broke $3 billion worth of deposits.
Babylon has seen deposits totaling over 36,100 BTC, worth more than $3.63 billion, as of press time, according to Dune data. The assets were delivered by nearly 88,000 unique depositors. And in the past week, the amount of Bitcoin being deposited jumped by nearly 51.4%.
With nearly $350 million deposited on Dec. 11 and $834 million deposited on Dec. 10, Babylon Chain saw $1.2 billion worth of Bitcoin deposits in 48 hours. Unique depositors also jumped from about 48,000 on Dec. 10 to 62,230 on Dec. 11, adding about 14,250 users in just a day.
This follows an early October report indicating that at the time Bitcoin holders had locked up about 23,000 BTC worth about $1.4 billion on Babylon Chain. The project established a marketplace connecting users looking to lock up their Bitcoin in #exchange for rewards with proof-of-stake networks looking for valuable assets to secure their networks.
Babylon Chain is a protocol that attempts to integrate Bitcoin’s security features—its Proof-of-Work time stamping, asset liquidity, and censorship-resistant block space—into other blockchain ecosystems.
Bitcoin $BTC
Through its Bitcoin security-sharing protocols, Babylon claims to enable decentralized networks to inherit Bitcoin’s robust security, creating a more secure and trust-minimized foundation for proof-of-stake chains and other decentralized applications.
The sudden jump in deposits follows the world’s leading cryptocurrency exchange Binance rolling out support for yield-generation through Babylon Chain on Dec. 9. Similarly, competing platform Bitrue also added support for the network on the same day.
Bitrue research team lead Andri Fauzan Adziima told coindatacap that the exchange decided to integrate Babylon Chain because it turns Bitcoin “from just a store of value into something that actively supports blockchain security.”
He also said that Bitrue plans to leverage “Babylon Chain’s Bitcoin-backed security model to build trust, increase activity on the platform, and attract institutional investors.”
“When users feel secure, they’re more likely to participate, and that activity brings in more liquidity,” Adziima said.
What is Babylon Chain?
Babylon Chain is a blockchain protocol that aims to increase the security of Proof-of-Stake (PoS) blockchains by leveraging the power of Bitcoin. It allows Bitcoin holders to stake their BTC without losing custody of their coins, thereby adding a third use case for Bitcoin beyond its traditional roles as a store of value and a means of payment.  
Key features of Babylon Chain:
Trustless Bitcoin Staking: Users can stake their Bitcoin without relying on third-party intermediaries, ensuring full control over their assets.  Enhanced Security for PoS Chains: By utilizing Bitcoin as collateral, Babylon Chain strengthens the security of PoS blockchains, making them more resistant to attacks.  Increased Bitcoin Utility: The protocol expands the use cases of #bitcoin☀️ allowing it to actively participate in securing and powering other blockchains.  
Babylon Chain’s innovative approach has garnered significant attention and investment from prominent venture capital firms. It represents a promising development in the blockchain ecosystem, with the potential to reshape the way Bitcoin and other cryptocurrencies interact with each other.
how does Babylon Chain work?
Babylon Chain leverages Bitcoin’s security to enhance the security of Proof-of-Stake (PoS) blockchains. Here’s a simplified breakdown of how it works:  
1. Bitcoin Staking:
Self-Custody: Users retain full control over their Bitcoin throughout the staking process.  Trustless Staking: No intermediaries are involved, eliminating the need to trust third-party custodians.Security: Bitcoin’s robust security infrastructure is utilized to secure the PoS chains.  
2. Shared Security Model:
Bitcoin as Collateral: Bitcoin acts as collateral to back the security of PoS chains.  Enhanced Security: By leveraging Bitcoin’s security, PoS chains become more resilient to attacks.  
3. Staking Rewards:
Yield Generation: Bitcoin holders earn rewards for staking their BTC.  Incentivized Participation: The reward mechanism encourages participation and contributes to the overall security of the network.
Key Protocols:
Bitcoin Staking Protocol: Enables users to stake their Bitcoin without losing custody.  Bitcoin Timestamping Protocol: Leverages Bitcoin’s timestamping service for enhanced security.  Bitcoin Data Availability Protocol: Utilizes Bitcoin’s blockspace to ensure data availability and integrity.
Overall, Babylon Chain aims to create a more secure and interconnected blockchain ecosystem by harnessing the power of Bitcoin.
Disclaimer ||
The Information provided on this website article does not constitute investment advice,financial advice,trading advice,or any other sort of advice and you should not treat any of the website’s content as such.
Always do your own research! DYOR NFA
Coin Data Cap does not recommend that any cryptocurrency should be bought, sold or held by you, Do Conduct your own due diligence and consult your financial adviser before making any investment decisions
--
Bullish
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Top 5 Cryptocurrency Exchanges in 2025 to Buy Bitcoin and CryptoWith the continued growth of cryptocurrencies and their global adoption, 2025 promises to be a defining year for investors in Bitcoin and other digital assets. Choosing the right exchange is crucial to maximizing your profits and ensuring the security of your investments. In this article, we present the five best cryptocurrency exchanges in 2025 for you to buy Bitcoin and other cryptos safely! Why is Exchange Choice so important? In the cryptocurrency world, exchanges act as bridges between you and your financial goals. Just as choosing a reliable bank is essential in the traditional market, choosing a safe and efficient exchange is vital in the crypto universe. Low fees, robust security, a variety of cryptocurrencies, and ease of use are some of the factors that can significantly impact your earnings.

Top 5 Cryptocurrency Exchanges in 2025 to Buy Bitcoin and Crypto

With the continued growth of cryptocurrencies and their global adoption, 2025 promises to be a defining year for investors in Bitcoin and other digital assets. Choosing the right exchange is crucial to maximizing your profits and ensuring the security of your investments.
In this article, we present the five best cryptocurrency exchanges in 2025 for you to buy Bitcoin and other cryptos safely!
Why is Exchange Choice so important?
In the cryptocurrency world, exchanges act as bridges between you and your financial goals. Just as choosing a reliable bank is essential in the traditional market, choosing a safe and efficient exchange is vital in the crypto universe. Low fees, robust security, a variety of cryptocurrencies, and ease of use are some of the factors that can significantly impact your earnings.
Coinbase won a lawsuit over crypto transactions. 🪙🎉 Coinbase, a leading cryptocurrency exchange, has won a lawsuit against the Securities Exchange Act, confirming that secondary sales of cryptocurrencies on its platform do not violate the Act. 📝 The case involved a nationwide group of people who traded tokens on Coinbase from October 8, 2019, to March 11, 2022. 🗓️ The plaintiffs claimed Coinbase's actions amounted to offering and selling unregistered securities and violating securities laws. 🔐 Coinbase argued that secondary crypto-asset sales did not meet securities transaction criteria. 🔂 The court overturned some lower court decisions while upholding others. The ruling is seen as a step forward in holding crypto platforms accountable under securities laws and promoting investor protection in the evolving crypto space. 🪙 #exchange #court #BullorBear
Coinbase won a lawsuit over crypto transactions. 🪙🎉

Coinbase, a leading cryptocurrency exchange, has won a lawsuit against the Securities Exchange Act, confirming that secondary sales of cryptocurrencies on its platform do not violate the Act. 📝

The case involved a nationwide group of people who traded tokens on Coinbase from October 8, 2019, to March 11, 2022. 🗓️

The plaintiffs claimed Coinbase's actions amounted to offering and selling unregistered securities and violating securities laws. 🔐

Coinbase argued that secondary crypto-asset sales did not meet securities transaction criteria. 🔂

The court overturned some lower court decisions while upholding others. The ruling is seen as a step forward in holding crypto platforms accountable under securities laws and promoting investor protection in the evolving crypto space. 🪙

#exchange #court #BullorBear
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Bullish
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Bitcoin reserves on exchanges hit a 3-year low. #Bitcoin 🐋🐳💯 Low reserves on exchanges indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin. According to data as of June 19, 2024, the #BTC‬ exchange reserve, or the total amount of Bitcoin available on exchanges exchange, fell to 3-year lows.🚀🚀🚀💪 CryptoQuant analyzes have revealed that there are currently 2,825,703 Bitcoins left out of the #exchange In the month of January 2024, the exchange balance was approximately 3,039,000. Low exchange reserves, sometimes called exchange balances, indicate low selling pressure and a potential supply shock due to the relatively low supply available for purchase. He told his interviewer, "This is really the first wave of early adopters , and I believe that the next one will be that of the larger institutions".🫣😁👍💸 If Johnson's prediction proves true, institutional capital will continue to flow into Bitcoin, putting further pressure on exchanges' limited supply in the coming months. #halving of April 2024 🆕️ Furthermore, following the April 2024 halving, the supply of Bitcoin is further limited by the decrease in the block reward for mining. Before the latest halving, #miner received 6.25 BTC for each successfully mined block, now they receive 3.125. $BTC {spot}(BTCUSDT)
Bitcoin reserves on exchanges hit a 3-year low. #Bitcoin 🐋🐳💯
Low reserves on exchanges indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin. According to data as of June 19, 2024, the #BTC‬ exchange reserve, or the total amount of Bitcoin available on exchanges exchange, fell to 3-year lows.🚀🚀🚀💪

CryptoQuant analyzes have revealed that there are currently 2,825,703 Bitcoins left out of the #exchange
In the month of January 2024, the exchange balance was approximately 3,039,000.

Low exchange reserves, sometimes called exchange balances, indicate low selling pressure and a potential supply shock due to the relatively low supply available for purchase. He told his interviewer, "This is really the first wave of early adopters , and I believe that the next one will be that of the larger institutions".🫣😁👍💸

If Johnson's prediction proves true, institutional capital will continue to flow into Bitcoin, putting further pressure on exchanges' limited supply in the coming months.

#halving of April 2024 🆕️

Furthermore, following the April 2024 halving, the supply of Bitcoin is further limited by the decrease in the block reward for mining.

Before the latest halving, #miner received 6.25 BTC for each successfully mined block, now they receive 3.125. $BTC
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Bearish
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🔥Indian crypto exchange suffers hack. Cyvers, the security company #Web3 , launched an alert indicating that it had detected "suspicious transactions" in the #billetera multisignature Safe of the crypto #exchange Wazirxindia. In a post on Cyvers x, it mentions that so far, a total of $234 million of funds from the Indian crypto exchange's Safe multi-signature wallet had been moved to a new address. In response to this vulnerability, the Indian crypto exchange has temporarily paused the withdrawal of #Criptomonedas and Indian rupees on the platform. According to a latest announcement from the crypto exchange, they mention that they will seek to recover the funds and that they have already blocked some deposits. 👉Do you want to continue learning about the crypto world? Share and follow me for more 👈😎 $ETH {spot}(ETHUSDT)
🔥Indian crypto exchange suffers hack.

Cyvers, the security company #Web3 , launched an alert indicating that it had detected "suspicious transactions" in the #billetera multisignature Safe of the crypto #exchange Wazirxindia.

In a post on Cyvers x, it mentions that so far, a total of $234 million of funds from the Indian crypto exchange's Safe multi-signature wallet had been moved to a new address.

In response to this vulnerability, the Indian crypto exchange has temporarily paused the withdrawal of #Criptomonedas and Indian rupees on the platform. According to a latest announcement from the crypto exchange, they mention that they will seek to recover the funds and that they have already blocked some deposits.

👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎
$ETH
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‌📢 CryptoMKT announces 24/7 withdrawals at no additional cost for its users in Chile CryptoMKT, the leading cryptocurrency exchange platform, launched a major improvement in its Chilean peso withdrawal service. From now on, users of this platform will be able to access their funds at any time, 7 days a week, 24 hours a day, processing withdrawals in a maximum of two… #chile #DeFi #exchange #Noticias #Noticia
‌📢 CryptoMKT announces 24/7 withdrawals at no additional cost for its users in Chile

CryptoMKT, the leading cryptocurrency exchange platform, launched a major improvement in its Chilean peso withdrawal service. From now on, users of this platform will be able to access their funds at any time, 7 days a week, 24 hours a day, processing withdrawals in a maximum of two…

#chile #DeFi #exchange #Noticias #Noticia
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⁠Total crypto market cap falls below $2 trillion Some analysts see a possible correction below $54,000 to $50,000, despite rising expectations of a US interest rate cut ⁠Solana price drops 12% after $41M SOL token sale The launch of memecoins and Bitcoin price weakness could continue to put downward pressure on SOL, which could be the next major cryptocurrency to receive US spot ETF approval ⁠South Korea to inspect exchanges for suspicious transactions South Korea's FSS will enforce stricter regulations on cryptocurrency exchanges, with possible legal repercussions in case of failure non-compliance #exchange #ETF. #MemeWatch2024 #Solana⁩ #EEUU $SOL
⁠Total crypto market cap falls below $2 trillion

Some analysts see a possible correction below $54,000 to $50,000, despite rising expectations of a US interest rate cut

⁠Solana price drops 12% after $41M SOL token sale

The launch of memecoins and Bitcoin price weakness could continue to put downward pressure on SOL, which could be the next major cryptocurrency to receive US spot ETF approval

⁠South Korea to inspect exchanges for suspicious transactions

South Korea's FSS will enforce stricter regulations on cryptocurrency exchanges, with possible legal repercussions in case of failure non-compliance

#exchange #ETF. #MemeWatch2024 #Solana⁩ #EEUU $SOL
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⁠Bitcoin outflows from exchanges at highest levels since May Large Bitcoin outflows may indicate increased demand as investors shift BTC to offline storage, reflecting institutional confidence. ⁠FBI warns of North Korean hackers targeting Bitcoin ETFs North Korean hackers are reportedly targeting billions of dollars in BTC and ETH held by cryptocurrency ETFs ⁠Top memecoins down 63% on average despite market frenzy Top 10 memecoins are struggling as secure-launch tokens grab market attention and investor funds #MemeWatch2024 #ETFs✅ #Bitcoin #exchange $BTC #MarketSentimentToday
⁠Bitcoin outflows from exchanges at highest levels since May

Large Bitcoin outflows may indicate increased demand as investors shift BTC to offline storage, reflecting institutional confidence.

⁠FBI warns of North Korean hackers targeting Bitcoin ETFs

North Korean hackers are reportedly targeting billions of dollars in BTC and ETH held by cryptocurrency ETFs

⁠Top memecoins down 63% on average despite market frenzy

Top 10 memecoins are struggling as secure-launch tokens grab market attention and investor funds

#MemeWatch2024 #ETFs✅ #Bitcoin #exchange $BTC

#MarketSentimentToday
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