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Here are some of the notable token unlocks in July ¹ ² ³:
- dYdX (DYDX): One of the tokens with scheduled unlocks in July. - Sui (SUI): One of the tokens with scheduled unlocks in July. - Xai (XAI): Scheduled to unlock about $93 million in tokens on July 9. - AltLayer (ALT): The biggest token unlock in July, with 684 million ALT tokens worth $125 million scheduled for July 25. - Aptos (APT): Scheduled to release 11.31 million APT tokens worth $77 million in July. - Arbitrum (ARB): Scheduled to release $75 million in tokens for its team, advisers, and investors on July 16. - Optimism (OP): One of the tokens that will unlock millions of dollars worth of tokens in July. - Immutable (IMX): One of the tokens that will unlock millions of dollars worth of tokens in July. - Starknet (STRK): One of the tokens that will unlock millions of dollars worth of tokens in July. - Axie Infinity (AXS): One of the tokens with scheduled unlocks in July. - ApeCoin (APE): One of the tokens with scheduled unlocks in July. - Worldcoin (WLD): Scheduled to unlock 6.62 million tokens a day, starting July 24.
Despite recent losses, market participants are showing remarkable confidence and resilience. Funding trends indicate a lingering negativity, but this hasn't deterred investors from holding onto their positions. In fact, many are viewing this as a buying opportunity.
*Minor Price Drops Expected*
While a few minor price drops are anticipated, market analysts predict no deep collapse. The market is expected to experience a slight correction before resuming its upward trajectory.
*Prolonged Negative Funding: A Precursor to Recovery*
History has shown that prolonged negative funding is often a precursor to a market recovery. As investors continue to hold onto their positions, the stage is set for a potential rebound.
*Confidence Key to Market Recovery*
The confidence in the market is palpable, and this sentiment is expected to drive the recovery. As investors continue to show faith in the market, the momentum is building for a potential upswing.
*Buying Opportunity Ahead?*
With minor price drops expected and a potential recovery on the horizon, market analysts suggest that this could be a buying opportunity for those with a long-term perspective. Good luck happy investing
"Agreed! It's been a slow day in the markets, but that doesn't mean we can't make some moves. Taking a long position and holding steady can be a good strategy. Let's watch for trends and adjustments. Have a good call, and good luck in your business!” Well, friends, it's been a long day, there is no situation in the market, but the market has become boring, so what do you think, if you want to earn a little money, then it's fine, take your own position and prepare for long and take a little profit from the market. Exit
The US Personal Consumption Expenditures (PCE) Price Index for May 2024 was released today at 08:30 (not 14:30) with the actual rate of 2.6% year on year ¹ ². Other details of the report are as follows ³: - PCE Price Index: 123.08 points in April 2024, which is an all-time high. - PCE Price Index YoY: 2.7 % in April 2024. - PCE Price Index MoM: 0.20 % in April 2024. - United States Core PCE Price Index YoY: 2.80 % in April 2024. - United States Core PCE Price Index MoM: 0.20 % in April 2024.#CryptoPCEWatch #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments #LayerZero #
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The U.S. government transferred nearly 4,000 Bitcoin to Coinbase on June 26, 2024 ¹ ² ³: - The Bitcoin was seized from Banmeet Singh, a convicted drug trafficker, earlier in 2024. - The U.S. government is the largest state holder of Bitcoin, with about 214,000 coins worth $13 billion. - The transaction has sparked fears of a sell-off and its potential impact on the Bitcoin market. - This move follows reports that the German government was also selling its Bitcoin holdings.#CryptoPCEWatch #MtGoxJulyRepayments #CryptoTradingGuide #Megadrop #BTCFOMCWatch
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