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I believe Layer will reach 2$ in 30 days! Keep this here and check back later
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#CryptoUsersHit18M The number of global cryptocurrency users hit a record high of 18.7 million daily active users in December 2024. In Vietnam, more than 16.6 million people own cryptocurrencies, accounting for about 23% of the population, making Vietnam the second largest cryptocurrency owner in the world. This increase reflects the growing trend of cryptocurrency adoption, with the number of users forecast to reach nearly one billion by 2024. 
#CryptoUsersHit18M
Investing now, should or not?
#CryptoUsersHit18M
Investing now, should or not?
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$BNB $BNB
Brothers and sisters holding $BNB , are you feeling the excitement yet? Binance has launched not one, but two projects: Simon's Cat (CAT) and Pudgy Penguins (PENGU). This is the 4th and 5th project in Binance HODLer Airdrops.
Those who have staked BNB flexibly or fixed from 07:00 09/12 to 06:59 13/12 will receive the airdrop of CAT and PENGU tokens.
Brothers and sisters holding $BNB , are you feeling the excitement yet? Binance has launched not one, but two projects: Simon's Cat (CAT) and Pudgy Penguins (PENGU). This is the 4th and 5th project in Binance HODLer Airdrops.
Those who have staked BNB flexibly or fixed from 07:00 09/12 to 06:59 13/12 will receive the airdrop of CAT and PENGU tokens.
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$BTC #ethe #Doge
This morning, the news of Bitcoin hitting 101,000 USD has caused the entire cryptocurrency community to explode. It was a historic moment, a testament to the power and limitless potential of cryptocurrency. Investors cheered, forums buzzed like a festival. Those who once doubted are now astonished, while the believers are even prouder. This strong comeback ignites many dreams of financial freedom, driving a wave of innovation in blockchain technology. Bitcoin is not just an asset, but also a symbol of trust and aspiration.
This morning, the news of Bitcoin hitting 101,000 USD has caused the entire cryptocurrency community to explode. It was a historic moment, a testament to the power and limitless potential of cryptocurrency. Investors cheered, forums buzzed like a festival. Those who once doubted are now astonished, while the believers are even prouder. This strong comeback ignites many dreams of financial freedom, driving a wave of innovation in blockchain technology. Bitcoin is not just an asset, but also a symbol of trust and aspiration.
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#BTCReclaims101K
Bitcoin has skyrocketed to an astounding $101,880 after dropping to a low of $97,248 earlier today. This recovery signals a potential turning point
Bitcoin has skyrocketed to an astounding $101,880 after dropping to a low of $97,248 earlier today. This recovery signals a potential turning point
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The flight is preparing for takeoff
#BTC tonight or tomorrow Bitcoin is forecasted to reach the mark of 108k - 110k $ brothers wait and see
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#2024WithBinance
#2024WithBinance 2024WithBinance 2024WithBinance 2024WithBinance the world's leading cryptocurrency exchange has had a tumultuous yet affirming year in 2024, solidifying its leading position.* Strong inflow of capital attracting a large number of investors, with impressive trading volumes, far surpassing competitors.* Diversification of products: The exchange continues to expand its trading pairs, providing more options for users.* Focus on security: Binance is heavily investing in its security system to ensure the safety of users' assets. The exchange is actively expanding into new markets. Will there be any upcoming fluctuations in December 2024?
#2024WithBinance 2024WithBinance 2024WithBinance 2024WithBinance the world's leading cryptocurrency exchange has had a tumultuous yet affirming year in 2024, solidifying its leading position.* Strong inflow of capital attracting a large number of investors, with impressive trading volumes, far surpassing competitors.* Diversification of products: The exchange continues to expand its trading pairs, providing more options for users.* Focus on security: Binance is heavily investing in its security system to ensure the safety of users' assets. The exchange is actively expanding into new markets. Will there be any upcoming fluctuations in December 2024?
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Look at the picture and guess the program 😁
You know which coin to enter, right? The old peak of YFI is 95.000$ , now it is only 12.000$ 📌
#YFI
You know which coin to enter, right? The old peak of YFI is 95.000$ , now it is only 12.000$ 📌
#YFI
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A new era for Bitcoin
#BTC
#BTC
Yes
Low Target in Crypto is a Mistake
Many KOLs give you 2x,3x targets with altcoins... but don't understand the general psychology and can't figure out the next steps.
An altcoin season will be really crazy… x5-10-20 is completely normal. If the ambition is low from the beginning, satisfied with x2 x3 profit, then there is no problem to talk about. But if after closing x2 x3 and seeing the market still flying, what then???
Can the people sit still?
An altcoin season will be really crazy… x5-10-20 is completely normal. If the ambition is low from the beginning, satisfied with x2 x3 profit, then there is no problem to talk about. But if after closing x2 x3 and seeing the market still flying, what then???
Can the people sit still?
1
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Bitcoin
ZyCrypto
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Market Crash Coming? US Government Transfers Nearly $2 Billion in Silk Road Bitcoin to Coinbase
Nearly $2 billion worth of Bitcoin (BTC) linked to the now-defunct dark web marketplace Silk Road were moved by the Feds to America’s largest crypto exchange Coinbase on Monday.
This marks the latest high-profile transfer of the United States government’s Bitcoin holdings. Notably, even the indication that a gigantic Bitcoin whale such as a government is about to dump large amounts of the premier crypto is enough to send markets tumbling.
Inside US Government’s Latest BTC Transfer
According to data from on-chain intelligence firm Arkham Intelligence, a wallet tagged as “U.S. Government: Silk Road DOJ Confiscated Funds” sent some 19,800 BTC, worth around $1.92 billion, to a Coinbase Prime deposit address. U.S. authorities confiscated the BTC in a 2021 investigation of James Zhong, who last year pleaded guilty to wire fraud related to the Silk Road marketplace.
Zhong manipulated the Silk Road transaction system in 2012 to steal 50,676 Bitcoins. The Department of Justice seized the stash in 2022 after BTC’s price had surged significantly, making it one of the biggest Bitcoin seizures in history.
The Monday transfer likely signals that the government is preparing to sell the assets. Previous transfers by the Feds have triggered substantial sell-offs in Bitcoin. The BTC price is now up 0.4% over a 24-hour period, according to CoinGecko. Its price hovers at $95,389 at the publication time.
The US government still held roughly $18 billion worth of Bitcoin at the time of writing this, meaning it is the largest geopolitical holder of the flagship cryptocurrency.
U.S. Government Selling Its Bitcoin Holdings Is A “Huge Strategic Mistake”
Crypto industry observers quickly reacted to the U.S. government’s decision to shift almost $2B in BTC to Coinbase.
“This is a huge strategic mistake,” wrote Jason Lowery, the author of Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin. “There is no price where it makes sense for the US to sell any Bitcoin it has under its control. They have no idea what they own, and it shows.”
Lowery added:
“Remember this post when they inevitably try to justify a new version of EO 6102 to reclaim the Bitcoin they sold off due to their ignorance about the true significance of this technology.”
For those unaware, EO 6102 authorized President Franklin D. Roosevelt to force American citizens to relinquish their gold coins, gold bullion, and gold certificates. The executive order was implemented so that the U.S. government could devalue the dollar more aggressively to stimulate the economy during the Great Depression.
Coinbase CEO Brian Armstrong agreed with Lowery, noting that the government shouldn’t dump its BTC.
Notably, US lawmakers like Senator Cynthia Lummis and the incoming president Donald Trump, have proposed passing legislation to create a strategic Bitcoin reserve in the United States. The Wyoming Republican officially introduced the Bitcoin Act in August for the government to purchase 1 million BTC — approximately 5% of the total circulating supply — for five years to match the country’s gold reserves.
This marks the latest high-profile transfer of the United States government’s Bitcoin holdings. Notably, even the indication that a gigantic Bitcoin whale such as a government is about to dump large amounts of the premier crypto is enough to send markets tumbling.
Inside US Government’s Latest BTC Transfer
According to data from on-chain intelligence firm Arkham Intelligence, a wallet tagged as “U.S. Government: Silk Road DOJ Confiscated Funds” sent some 19,800 BTC, worth around $1.92 billion, to a Coinbase Prime deposit address. U.S. authorities confiscated the BTC in a 2021 investigation of James Zhong, who last year pleaded guilty to wire fraud related to the Silk Road marketplace.
Zhong manipulated the Silk Road transaction system in 2012 to steal 50,676 Bitcoins. The Department of Justice seized the stash in 2022 after BTC’s price had surged significantly, making it one of the biggest Bitcoin seizures in history.
The Monday transfer likely signals that the government is preparing to sell the assets. Previous transfers by the Feds have triggered substantial sell-offs in Bitcoin. The BTC price is now up 0.4% over a 24-hour period, according to CoinGecko. Its price hovers at $95,389 at the publication time.
The US government still held roughly $18 billion worth of Bitcoin at the time of writing this, meaning it is the largest geopolitical holder of the flagship cryptocurrency.
U.S. Government Selling Its Bitcoin Holdings Is A “Huge Strategic Mistake”
Crypto industry observers quickly reacted to the U.S. government’s decision to shift almost $2B in BTC to Coinbase.
“This is a huge strategic mistake,” wrote Jason Lowery, the author of Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin. “There is no price where it makes sense for the US to sell any Bitcoin it has under its control. They have no idea what they own, and it shows.”
Lowery added:
“Remember this post when they inevitably try to justify a new version of EO 6102 to reclaim the Bitcoin they sold off due to their ignorance about the true significance of this technology.”
For those unaware, EO 6102 authorized President Franklin D. Roosevelt to force American citizens to relinquish their gold coins, gold bullion, and gold certificates. The executive order was implemented so that the U.S. government could devalue the dollar more aggressively to stimulate the economy during the Great Depression.
Coinbase CEO Brian Armstrong agreed with Lowery, noting that the government shouldn’t dump its BTC.
Notably, US lawmakers like Senator Cynthia Lummis and the incoming president Donald Trump, have proposed passing legislation to create a strategic Bitcoin reserve in the United States. The Wyoming Republican officially introduced the Bitcoin Act in August for the government to purchase 1 million BTC — approximately 5% of the total circulating supply — for five years to match the country’s gold reserves.
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The cryptocurrency #The (THE) has seen a significant price increase recently, mainly due to several prominent factors:
1. Enhanced cooperation and project development: New announcements about partnerships or ecosystem upgrades often boost investor confidence, leading to an increase in the coin's value.
2. Movements by large investors (whales): Large transactions from whale investors can cause significant market volatility, creating a ripple effect that drives prices up.
3. Positive market sentiment: Currently, the cryptocurrency market is in a good growth phase, with major coins like Bitcoin and Ethereum also rising, creating momentum for altcoins like The to benefit from this trend.
4. Surge in trading volume: Reports indicate that the trading volume of The has increased significantly, showing strong interest from the investment community in recent days.
However, this is a highly volatile market, and investors need to be cautious and conduct thorough research before making trading decisions.
1. Enhanced cooperation and project development: New announcements about partnerships or ecosystem upgrades often boost investor confidence, leading to an increase in the coin's value.
2. Movements by large investors (whales): Large transactions from whale investors can cause significant market volatility, creating a ripple effect that drives prices up.
3. Positive market sentiment: Currently, the cryptocurrency market is in a good growth phase, with major coins like Bitcoin and Ethereum also rising, creating momentum for altcoins like The to benefit from this trend.
4. Surge in trading volume: Reports indicate that the trading volume of The has increased significantly, showing strong interest from the investment community in recent days.
However, this is a highly volatile market, and investors need to be cautious and conduct thorough research before making trading decisions.
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#Dogecoin (DOGE) is rising sharply today due to several converging factors:
1. Increased trading activity: The trading volume of DOGE reached a three-month high, with trading value rising over 69% to $1.37 billion. This is a signal of significant interest from the investor community and cryptocurrency whales.
2. Participation of large institutions: Robinhood and major investors have executed large-volume trades, boosting confidence and stimulating market sentiment.
3. Expectations of positive events: The launch event of Astrobotic, expected to take Dogecoin to the moon as a symbol, along with the announcement that Coinbase Derivatives will list DOGE futures contracts, has generated great excitement.
4. Overall positive market sentiment: Bitcoin has also surged, contributing to the overall upward trend in the cryptocurrency market. This optimistic sentiment has spilled over to meme cryptocurrencies like Dogecoin.
5. Positive technical signs: Chart analyses indicate growth signals, such as the inverse head and shoulders pattern and the "golden cross," suggesting the possibility of #DOGE continuing to rise.
1. Increased trading activity: The trading volume of DOGE reached a three-month high, with trading value rising over 69% to $1.37 billion. This is a signal of significant interest from the investor community and cryptocurrency whales.
2. Participation of large institutions: Robinhood and major investors have executed large-volume trades, boosting confidence and stimulating market sentiment.
3. Expectations of positive events: The launch event of Astrobotic, expected to take Dogecoin to the moon as a symbol, along with the announcement that Coinbase Derivatives will list DOGE futures contracts, has generated great excitement.
4. Overall positive market sentiment: Bitcoin has also surged, contributing to the overall upward trend in the cryptocurrency market. This optimistic sentiment has spilled over to meme cryptocurrencies like Dogecoin.
5. Positive technical signs: Chart analyses indicate growth signals, such as the inverse head and shoulders pattern and the "golden cross," suggesting the possibility of #DOGE continuing to rise.
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#Bitcoin Today's cryptocurrency market has seen a sharp decline due to several combined factors, mainly including:
1. Investor sentiment and panic: Large sell-offs, triggered by "crypto whales" (investors holding large amounts of assets), have caused sudden and widespread price drops. Negative news has also contributed to creating a FUD (Fear, Uncertainty, Doubt) effect, increasing selling pressure from retail investors.
2. Pressure from regulatory oversight: Global regulatory bodies are tightening control over cryptocurrencies. This includes prosecuting major individuals in the industry (such as the former CEO of FTX) and restrictive policies in many countries, impacting market confidence.
3. Correlation with traditional financial markets: Bitcoin and cryptocurrencies often fluctuate in line with other markets like stocks. Currently, concerns about a global economic crisis may have dragged the market down.
4. Slowdown in venture capital funding: Investment in the cryptocurrency sector has sharply decreased compared to before. Investors are also more cautious after major events like the collapse of FTX.
These factors combined have led to continued volatility in the market in the short term.
1. Investor sentiment and panic: Large sell-offs, triggered by "crypto whales" (investors holding large amounts of assets), have caused sudden and widespread price drops. Negative news has also contributed to creating a FUD (Fear, Uncertainty, Doubt) effect, increasing selling pressure from retail investors.
2. Pressure from regulatory oversight: Global regulatory bodies are tightening control over cryptocurrencies. This includes prosecuting major individuals in the industry (such as the former CEO of FTX) and restrictive policies in many countries, impacting market confidence.
3. Correlation with traditional financial markets: Bitcoin and cryptocurrencies often fluctuate in line with other markets like stocks. Currently, concerns about a global economic crisis may have dragged the market down.
4. Slowdown in venture capital funding: Investment in the cryptocurrency sector has sharply decreased compared to before. Investors are also more cautious after major events like the collapse of FTX.
These factors combined have led to continued volatility in the market in the short term.
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Today, the price of Bitcoin (BTC) is hovering around 98,000 USD, with trading volume and volatility trending slightly downward over the past 24 hours. Short-term forecasts indicate that the price of Bitcoin may continue to stabilize in the range of 97,000–99,000 USD during the day, depending on market factors such as investor sentiment and the impact from recent ETF funds.
In the coming week, the price of Bitcoin is expected to trend slightly upward, with an average potentially reaching 100,000 USD by the end of the week, due to positive effects from the anticipated Bitcoin Halving event in 2024 and increased institutional capital inflow. However, unexpected fluctuations may still occur, so caution is advised when investing.
If you need more detailed information about long-term trends or technical analysis tools, I can provide further assistance.
In the coming week, the price of Bitcoin is expected to trend slightly upward, with an average potentially reaching 100,000 USD by the end of the week, due to positive effects from the anticipated Bitcoin Halving event in 2024 and increased institutional capital inflow. However, unexpected fluctuations may still occur, so caution is advised when investing.
If you need more detailed information about long-term trends or technical analysis tools, I can provide further assistance.