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Crypto De Nostradame
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#Btc fell and came to support, I will try :) I don't buy long term, scalp is usually max 1 day.
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Michael van de Poppe Talked About the Altcoin Rally. The cryptocurrency market has entered a medium-term bearish trend with the Bitcoin (BTC) price falling below $64,000 on Friday. Significant cash outflows from United States-based spot Bitcoin exchange-traded funds (ETFs) over the past five days have weighed heavily on bullish sentiment. On Thursday, Grayscale's GBTC and Fidelity's #FBTC experienced net cash outflows of approximately $53 million and $51 million. BlackRock's IBIT alone recorded a small cash inflow of about $1 million on Thursday. While Bitcoin whales continue to weigh heavily on medium-term bullish sentiment with increasing liquidations, on-chain data shows Ethereum whales are in the market. For example, a Binance wallet affiliated with Justin Sun purchased 9,338 Ethereum worth over $30 million on Friday. On the other hand, Bitcoin whales, led by the German government, continued to deposit money into exchanges in order to make profits in the last 24 hours. “Markets continue their downward slide, but Ethereum is showing some resistance. As long as $ETH remains above 0.05 BTC, all is well and a trend reversal is on the horizon. “The first upward trend in 2.5 years has activated the power of the Altcoin market.” According to popular crypto analyst Michaël van de Poppe, the altcoin market is on the verge of gaining bullish momentum against Bitcoin after more than two and a half years. The analyst said that the ETH/BTC pair is showing some resistance to the downtrend. As a result, Poppe stated that the Ethereum price against the US dollar will increase exponentially in the near term as long as the ETH/BTC pair remains above 0.05. The altcoin market has already attracted significant interest from institutional investors, as evidenced by #Solana ETP in Canada. However, Bitcoin dominance stands on the verge of a major comeback. According to the analyst, this will trigger an increase in cryptocurrency rotation in favor of altcoins.
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Today in Cryptocurrencies: Which Developments Stand Out? Bitcoin's blockchain bandwidth usage exceeded 90 percent for the first time since the 2024 halving. LayerZero's token launch sparked controversy over the donation requirement required to claim the tokens. Meanwhile, the Winklevoss brothers supported Trump, and this surprised no one. Bitcoin's blockchain bandwidth usage has surpassed 90% for the first time since the halving event in April, marking a significant increase in network activity. Dune Analytics user Cryptokoryo's chart shows BTC's 91.4 percent dominance in transaction share on June 20, when it was replaced by 6.8 percent for Runes, 1.6 percent for BRC-20, and 0.2 percent for Ordinals. It shows the moment. The increase in bandwidth usage following the halving can be primarily attributed to the adoption of new token standards, including Runes and BRC-20. Dune Analytics data shows a significant increase in transactions involving both token standards, particularly on April 23, when Runes transactions exceeded 750,000. LayerZero’s token, #LayerZero (ZRO), has fallen 17 percent since its launch amid controversy over the donation criteria for claiming tokens, which some have likened to a “tax.” Some disagree with the criticisms and think the mechanism could be a good step towards resolving the issues that have plagued recent token airdrops. Following its launch on June 20, ZRO rose 15.15 percent to $4.71 in just 20 minutes, before falling 22 percent within two hours. Accompanied by these developments, the launch of ZRO brought about a unique debate. LayerZero did this in a way that required users who wanted to claim the tokens to donate a small amount of money per #ZRO token. LayerZero estimated that donations would total approximately $18.5 million to the Protocol Guild, a collective funding mechanism for #Ethereum (ETH) developers.
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🧙♂️ According to the #SEC filing, Fidelity invested $4.7 million for the #Ethereum ETF. 🧙♂️ #PanteraCapital is raising funds for its second TON token investment.
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🧙♂️ Michael Dell, the 14th richest person in the world and CEO of Dell, shared a picture about #Bitcoin .
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🔥 Big News 🔥 A major milestone for KIP was recently highlighted by Bitcoin.com News: the introduction of Open Campus U (OCU) 📚⚡️🤖 As Open Campus' official AI partner, KIP Protocol’s advanced decentralized AI tech stack will be integrated into OCU to provide a dynamic, interactive learning experience 🌟 Together, we're reshaping the future of the multi-trillion-dollar education sector! Yat Siu, Chairman and Co-Founder of Animoca Brands, emphasised the crucial role of AI and Web3 to radically transform educational content: "By harnessing AI learning tools, Open Campus U seeks to enhance educational experiences, making them more adaptable and personalized. Blockchain technology can empower educators by enabling them to transform their knowledge into capital assets that can be owned, traded, and monetized, unlocking new opportunities for educators to thrive in the digital economy. Now the integration of cutting-edge AI technology will enable Open Campus to meet the evolving needs of learners and teachers worldwide." Read the full article here👇 https://x.com/kipprotocol/status/1804104290455425394?s=46
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