Bitcoin Whale Scoops 1,000 BTC, Holding $450M After $468M Sell-Off in July
A Bitcoin whale recently bought 1,000 BTC valued worth almost $59.65 million amid the recent dip.
With the recent purchase, the
whaleâs total holdings hit 7,559 BTC, worth around $450 million.
Historically, this whale has been active in the market and sold 7,790 BTC in early July, worth $468.3 million at the time.Â
$BTC
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#TON #DOGSONBINANCE #BNBChainMemecoins #Write2Earn! #BTCâ
$BTC BITCOIN/USDT ANALYSIS: BULLISH POTENTIAL WITH CAUTIONđšđ„
Bitcoin is currently trading above its daily support at 59,047.69, indicating a bullish sentiment. The price action suggests two possible growth scenarios:
1.Plan 1: Cup Pattern Formation
- Bitcoin is growing based on a cup pattern, with confirmation coming from a breakdown of a bearish channel in the 5-minute timeframe. The recent buy signal suggests that this plan is active, pointing to further upward movement towards targets in the 60,220.56 to 62,335.77 range.
2. Plan 2: Ascending Triangle Formation
- If the first plan fails due to a deeper decline, Bitcoin may find support again around 59,047.69 and begin another upward move, forming an ascending triangle. This could trigger further gains, though the scenario remains secondary to the first plan.
The overall outlook remains cautiously optimistic as long as Bitcoin stays above the key support level. Traders should watch for confirmations in either scenario to align with the prevailing trend.
Don't forget to vote for me đ
#DOGSONBINANCE #TON #TelegramCEO #PowellAtJacksonHole
Telegram CEO Pavel Durovâs Bail Causes Polymarket Bettors $270K Loss
This swift release caught many Polymarket bettors off guard, as the general expectation was that Durov would face a prolonged detention
Pavel Durov, CEO of Telegram, has been released on bail by French authorities as of Wednesday, sending a wave of joy to the crypto community.
However, this early release has resulted in a major loss for participants on Polymarket, a crypto-based prediction platform, with missed winnings totaling $270,000.
Durov, the Franco-Russian billionaire, was arrested on August 25 at Parisâs Bourget Airport, accused of facilitating criminal activities through Telegram. Authorities claim that the platform was used by criminals for planning and communication.
Telegram has strongly defended itself, dismissing these allegations as baseless. The platform insists that it cannot be held liable for the misuse of its services by third parties.
According to Telegram, its encryption and privacy features are designed to protect user data, not to abet criminal activity.
After being formally indicted, Durov secured his release by posting a substantial bond of around $5.6 million. As part of his bail conditions, he must report to the police twice a week and remain in France.
Polymarket Bettors Face Loss
This swift release caught many Polymarket bettors off guard, as the general expectation was that Durov would face a prolonged detention. At one point, predictions for an August release were around 25%.
Many had believed that French authorities would seek to keep Durov in custody for as long as possible, given his wealth and multiple nationalities, including citizenship in the United Arab Emirates, a country known for its refusal to extradite its citizens.
As a result, the probability of release by September-end was estimated at 75%-90%.
$TON
#Write2Earn! #DOGSONBINANCE #TelegramCEO
Nvidia erases $250B in market cap despite strong earnings #earningways
CryptoPolitan #EarnFreeCrypto2024
Nvidia (NVDA) reported stronger-than-expected earnings during the quarter ending June but stocks of the AI giant fell by over 8%. The company posted earnings per share (EPS) of $0.68, surpassing expectations of $0.65.
The stock reaction has wiped out around $250 billion in market capitalization within minutes of the earnings call. Wall Street now awaits Blackwell, the next-gen AI chip, to hit the markets.
NVDA stock fell by at least 8% #NVDA/SOL
$BTC $ETH $BNB
Shares of AI chipmaker Nvidia fell by at least 8% in extended trading, wiping $250 billion in market cap. The market reaction comes after the company reported revenue growth of 122% in Q2. However, it is the smallest margin in the last six quarters, according to Bloomberg.
Ryan Detrick, a chief market strategist at the Carson Group, explained that while Nvidia did well, the increase wasnât as big as the previous quarters. Detrick told Reuters that Nvidia is a great company âbut it appears the bar was just set a tad too high this earnings season.â
Over the past three quarters, Nvidiaâs revenue grew by more than 200% each time. Therefore, it set a very high standard for the chipmaker. However, it might become harder for Nvidia to surpass the expectations it has set. Nvidiaâs revenue of $32.5 billion was marginally higher than the average analyst estimate of $31.9 billion but predictions went as high as $40 billion.
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âItâs less about just beating estimates now, markets expect them to be shattered,â Matt Britzman, senior equity analyst at Hargreaves Lansdown, told BBC. Britzman added that investors were expecting a bigger outperformance.
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Notably, NVDA shares rose by over 160% in 2024 but investors are now pinning hopes on its delayed next-gen AI chip, Blackwell.
Nvidia says Blackwell has set ânew standardâ
Nvidia said in its latest blog the companyâs graphics processing units (GPUs) have performed well.
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**California AI Safety Bill Advances Amid Controversy**
California lawmakers have advanced Senate Bill (SB) 1047, aimed at regulating AI safety, sparking debate in the tech industry. The bill, authored by Senator Scott Wiener, mandates safety testing for advanced AI models and requires developers to implement "kill switches" and undergo third-party audits.
The bill has passed the State Assembly and awaits Governor Gavin Newsom's decision by September 30. While proponents argue it's crucial to prevent AI-related societal harm, critics, including tech giants like OpenAI, Google, and Meta, claim it could stifle innovation.
Notably, Speaker Emerita Nancy Pelosi and AI policy experts have voiced concerns about potential overreach affecting smaller companies. However, some, like Amazonâs Anthropic, support the bill, citing its potential benefits.
SB 1047 is part of a broader legislative effort in California, with other bills like SB 1220 and AB 3211 also under discussion.
đ Get Ready for the Next Big Airdrop: $G is Here! đ
Attention crypto enthusiasts! After the buzz of the DOGS airdrop, it's time to shift the spotlight to $G. If you're holding $G tokens, get ready for an exhilarating journey with Gravity Chain! đ
Why $G is a Game-Changer:
đč Governance Power: Use your voting rights to shape the future of Gravity Chain! đłïž
đč Staking Rewards: Stake your $G tokens and watch the rewards roll in! đ°
đč Exclusive Perks: Unlock premium features and opportunities within the Gravity ecosystem! đ
Why Gravity Chain? đ
Gravity is revolutionizing blockchain with its Layer 1 omnichain smart contract platform. Itâs all about seamless cross-chain interactions, enhanced scalability, and rock-solid security. Expect breakthrough advancements in DeFi and a thriving ecosystem of dApps, all powered by Gravityâs cutting-edge technology. đ
Galxe & Gravity Synergy: đ
With Gravity at its core, Galxe is set to supercharge its cross-chain data capabilities. Get ready for enhanced analytics, deeper insights, and new, dynamic ways to engage across networks. Galxe is driving blockchain innovation to the next level! đ
Stay tuned, $G holders! The future with Gravity is shining bright with endless possibilities. đ
Don't miss outâembrace the new era with $G! đ
#DOGSONBINANCE #GravityAlphaMainnet #CryptoNews #BlockchainTechnology #AirDropSeries
$BNB
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Binance Coin (BNB)
Ranked as the 4th most valuable cryptocurrency, Binance Coin (BNB) was the first major altcoin from the 2021 bull market to reach a new all-time high in June. In September, BNB could rally to another high, driven by the potential release of former Binance CEO Changpeng Zhao (CZ) from prison.
Currently priced at $540.26, BNB is 24.95% below its all-time high. On the weekly chart, BNB has formed a symmetrical triangle, a pattern that emerges when two trendlines â one sloping downward and the other upward â converge at a point.
A symmetrical triangle can signal either a bullish or bearish outcome, so itâs crucial to consider other indicators. In BNBâs case, BeInCrypto focuses on the 50-day Exponential Moving Average (EMA), which measures the trend direction over a specific period and could provide insight into the coinâs next move.
When the price of a cryptocurrency trades above its 50-day Exponential Moving Average (EMA), the trend is bullish; if it trades below, the trend is bearish. Despite BNBâs recent decline, it currently trades above the 50 EMA (blue), which could support the possibility of a new all-time high (ATH).
If buying pressure for BNB increases in September, it might once again outperform other top 10 altcoins and potentially reach a new ATH, possibly around $750. However, this outcome could be jeopardized if CZâs release is delayed or if market interest in BNB wanes.
đšđ#Write2Earn! #Write&Earn #BNBAnalysis
KING LUMOS To Be Listed on MEXC Soon â Will BINANCE Be Among the Exchanges? đ„ł
KING $LUMOS is gearing up for its listing on MEXC, a significant step thatâs set to increase its visibility and trading volume. But the big question on everyoneâs mind is whether BINANCE will be one of the next exchanges to list this rising memecoin. Hereâs why this could be a possibility:
1. Growing Momentum: With the upcoming MEXC listing, KING $LUMOS is gaining momentum in the crypto market. Success on MEXC could pave the way for further listings on major exchanges like BINANCE.
2. Strong Community Demand: The KING $LUMOS community is passionate and vocal about their support for the coin. High demand from a strong community often catches the attention of top exchanges, making BINANCE a potential target.
3. Expanding Utility: The ongoing development of KING $LUMOS, including farming opportunities and its presence on the WigoSwap DEX, adds to its utility and attractiveness. This growth could make it an appealing candidate for a BINANCE listing.
4. Strategic Planning: The LUMOS team has shown strategic foresight by securing listings on exchanges like MEXC. If they continue on this path, BINANCE might just be the next logical step.
5. Market Positioning: A listing on BINANCE could solidify KING $LUMOSâs position in the market, providing it with the liquidity and exposure needed to reach new heights.
In summary, while KING $LUMOS is already set to be listed on MEXC, the possibility of a BINANCE listing is something to watch out for. With strong community support, strategic planning, and growing utility, the chances are looking promising. However, as with all things crypto, it's essential to stay informed and cautious. Do Your Own Research (DYOR) and consider your risk tolerance. đ„ł
#TON #TelegramCEO #BNBChainMemecoins #DOGSONBINANCE #BNBChainMemecoins
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đšđšTelegram CEO Pavel Durov Released from Custody After Facing Charges in Franceđšđš
In a high-profile case that has drawn international attention, Pavel Durov, the CEO and founder of Telegram, was released from custody after being charged by French authorities. Following his court appearance, Durov was placed under judicial supervision, a move that has sparked widespread debate and controversy.
Durov's charges stem from a judicial investigation initiated in July, focusing on his role at Telegram. The allegations against him include complicity in illegal activities, money laundering, criminal association, and the provision of cryptology services without proper declaration. French prosecutors have accused Durov of enabling the spread of child pornography and other illicit activities through Telegram, a claim that has raised significant concern.
In addition to the French charges, Durov reportedly faces separate child abuse allegations in Switzerland, which are unrelated to the current case. As part of his release conditions, Durov was required to post bail of 5 million euros (approximately $5.5 million) and has been prohibited from leaving France.
The case has sparked a heated debate over freedom of expression, with many of Durovâs supporters arguing that holding him accountable for the actions of Telegram users could set a dangerous precedent for other social media executives. Critics suggest that this could lead to increased scrutiny and potential legal actions against other tech leaders like Mark Zuckerberg of Meta or Elon Musk of X (formerly Twitter).
The unfolding situation continues to raise important questions about the responsibilities of social media platforms and their leaders in managing and regulating content shared by users.
#TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole
$YGG /USDT
When discussing financial markets, particularly trading, the terms "support" and "resistance" are crucial. These concepts represent specific price levels on a chart that traders and analysts closely monitor.
**Support** is a price level where a downtrend can be expected to pause due to a concentration of demand. As the price declines towards this level, buyers tend to step in, creating a floor that prevents the price from falling further. If the price breaks below this level, it may signal a new, lower support level.
**Resistance**, on the other hand, is a price level where an uptrend may pause or reverse due to a concentration of selling interest. When the price approaches this level, sellers often become more active, creating a ceiling that the price struggles to break through. If the price surpasses this level, it can signal the start of a new bullish trend.
Identifying support and resistance levels helps traders make informed decisions, such as where to enter or exit a trade, set stop losses, or take profits. They serve as a basic yet powerful tool in technical analysis, offering insights into market psychology and potential future price movements.#TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole
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Gravity Chain â The Future of Web3 is Here!
Heard about Gravity Chain? If not, itâs time to catch up! đ
Powered by Galxe, Gravity Chain isnât just another blockchain; itâs a game-changing Layer 1 chain built for mass adoption and an omnichain future. Imagine a world where multi-chain interactions are seamless and accessible to everyone. Thatâs the promise of Gravity, using cutting-edge tech like Zero-Knowledge Proofs and a restaking-powered architecture to deliver top-tier performance, solid security, and reduced costs. đ
Gravity Alpha Mainnet
The launch of the Gravity Alpha Mainnet was a massive leap forward. This isnât just a testâitâs a groundbreaking step thatâs already recorded 40 million transactions in its first month! And this is just the beginning. With Block-STM-based parallel EVM and sub-second finality, expect faster, more efficient transactions as Gravity gears up for its full Mainnet launch. đ„
Galxe & Gravity â A Perfect Match
Gravity is supercharging the Galxe ecosystem. From fully on-chain questing to Smart Savings, where you can use your Galxe balance to pay for Gravity gas fees, the integration is seamless. And with $G staking now live, transitioning from GAL to G on Ethereum and BNB Chain unlocks even more rewards and governance opportunities. đ ïž
The Future is Bright
Gravity Chain is set to become one of the top-performing blockchains, with its focus on scalability, security, and cost efficiency. As more projects integrate with Gravity, expect a surge in activity and innovation on the network. The synergy between Galxe and Gravity will drive the Web3 revolution, making the ecosystem more vibrant and engaged than ever before. đ
Get ready to thrive with Gravity Chain and Galxe â the future of Web3 is happening now! đ„
#GravityAlphaMainnet #GravityChain #Web3Eco #Blockchain #GToken @Gravity
**NFTs in the SEC's Crosshairs: A Legal Drama Unfolds đ**
- OpenSea CEO Devin Finzer revealed the SEC sent them a Wells notice, suggesting NFTs on their platform might be securities.
- Oscar Franklin Tan, a legal expert, argues that while some NFTs could be securities, the SEC's broad approach is like trying to regulate the entire internet.
- Tan humorously notes that minting a selfie as an NFT shouldn't make it a security. The SEC's vague rules are stifling creativity and innovation.
- Artists are fighting back, seeking clarity on what triggers securities laws for NFTs.
Stay tuned for more twists in this legal saga!
đš **Crypto Alert: Banks Face Risks on Permissionless Blockchains! đš**
The Bank for International Settlements (BIS) has flagged multiple risks for banks transacting on permissionless blockchains. According to a new paper, these risks include money laundering, terrorism financing, and operational security issues. The Basel Committee on Banking Supervision, part of BIS, highlights that current risk management strategies are still evolving and untested under stress.
Key points:
- Privacy tech like zero-knowledge proofs is being developed to mitigate some risks.
- Political uncertainties could impact blockchain stability.
- A new disclosure framework for banks' crypto exposure is set for 2026.
What do you think about these risks and solutions? Share your thoughts in the comments! đŹ
**News Flash: SEC's Wells Notice to OpenSea Sparks Debate on NFTs as Securities**
The SEC recently issued a Wells notice to OpenSea, suggesting that NFTs on their platform might be considered securities. OpenSea CEO Devin Finzer confirmed the notice on August 28. A Wells notice is a formal warning that the SEC may take enforcement action, giving the company a chance to respond.
Oscar Franklin Tan, Chief Legal Officer at Atlas Development, explained that while some NFTs could be classified as securities, the SEC's broad approach is unproductive. Tan emphasized that specific rules are needed to avoid stifling innovation and content creation in the NFT space.
Artists and creators are seeking clarity, with some even suing the SEC to understand what actions might trigger securities laws. The debate continues as the NFT community awaits more precise regulations.
$BTC The Future of Gaming: Blockchainâs Disruptive Impact. #GameLaunch
The blockchain gaming market, which was valued at USD 128.62 billion in 2022, is rapidly expanding and is expected to reach USD 614.91 billion in valuation by 2030. #gamechain
The ability of blockchain technology to confer digital ownership rights and improve security are key factors propelling this industryâs growth. #BlockchainBulls $SOL
Global Blockchain Gaming Market Size: Trends, Growth, and Future Forecast
The market for blockchain gaming has experienced significant growth worldwide, with an estimated value of USD 128.62 billion in 2022, expected to rise to USD 614.91 billion by 2030 at an annual growth rate of 21.8%. #CryptoMarketMoves
This boom is driven by the increasing use of blockchain technology in gaming, which enhances security, transparency, and true ownership of digital assets like NFTs, cryptocurrency-based games like bitcoin pokies, and currencies.Â
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Companies like Horizon Blockchain Games and Digital Asset Holdings LLC are leading the way with innovative strategies.Â
The blockchain gaming industry is rapidly evolving, transforming gameplay dynamics, game creation, and user monetization prospects.
Current Market Size and Valuation #BinanceBlockchainWeek
With a valuation of USD 128.62 billion in 2022, tâŠ
The post The Future of Gaming: Blockchainâs Disruptive Impact appeared first on Coin Edition.
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#BNBChain GĂŒnlĂŒk BĂŒlten - 29 AÄustos 2024 đ
BNB Chain Haberleri đ¶
đ BNB Chain, Celer, deBridge ve Stargate ile iĆ birliÄi yaparak çapraz zincir BNB Chain KöprĂŒsĂŒânĂŒ aktifleĆtirdi.
đ Token2049âda BNB Chain ile BNB Incubation Alliance'a (BIA) katılın.
đ BNB Chain Gas Grant Programı 3 ay boyunca 1 milyon dolardan fazla ödĂŒl daÄıtacak!
đ Kendi memecoininizi nasıl yaratacaÄınızı öÄrenin ve $150,000 ödĂŒl havuzunu paylaĆın!
đ wstETH, BNB Chain ĂŒzerindeki DeFi protokollerine entegre edildi.
đ BNB GĂŒnĂŒnĂŒ Kutlayın: 4.Yıl Ekosistem Kutlaması ile $300k'dan fazla ödĂŒl daÄıtılacak!
đ #BNBChain4YaĆında yaratıcı yarıĆmasına katılın.
KĂŒresel GeliĆmeler đ
đ Hindistan Merkez Bankası (RBI), sınır ötesi ödemelerde verimliliÄi artırmak ve CBDC uyumluluÄunu saÄlamak için "tak ve çalıĆtır" sistemi araĆtırıyor.
đ Telegram CEOâsu Pavel Durov, serbest bırakıldı ancak Fransa'dan çıkması yasaklandı.
đ BlackRock, Brezilya'da Ether ETF'sini duyurdu.
đ BTC ETF: -105.3 milyon USD. ETH ETF: +5.9 milyon USD (Kaynak: Farside UK).
Charles Hoskinson, the founder and CEO of Cardano ($ADA ), recently put to rest rumors that had circulated in the crypto community suggesting he was either missing or dead. These rumors emerged due to Hoskinsonâs unusual silence on X (formerly Twitter), where he typically engages regularly with his followers and the broader crypto community. His lack of communication for about four days sparked concern, leading some to speculate about his well-being.
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However, Hoskinson quickly dispelled these rumors by returning to X and explaining that he had been on a mountain climbing trip at Mount Denali, specifically staying at Sheldonâs Chalet. This revelation confirmed that he was simply taking a break, enjoying his hobbies, and had not faced any danger. Hoskinson's return has reassured the community, putting an end to the speculations surrounding his absence.
This episode highlights how quickly rumors can spread within the crypto community, particularly when prominent figures like Hoskinson go silent for even a short period. The price of Cardano ($ADA ) remained stable, showing that while the rumors may have caused concern, they did not significantly impact the market.
#TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole
#tonfuture TON Back Online After Second Outage
TON says its core developer team is looking into why the DOGS token continues to crash the chain.
âą The TON blockchain is back online after a second outage. #TonSociety
âą Toncoin is up roughly 8% on the news.
TON is once again back online after going to the DOGS a second time within 24 hours.
TON network is fully operational! TON-based asset withdrawals and deposits in Wallet will be credited in due course," the TON Community Telegram channel posted just after 9:30 AM Thursday Hong Kong time.
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This outage lasted just over four hours. TON blamed the outage on a "heavy load attributed to DOGS token minting." #dogseason
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Data from CoinDesk Indices shows that Toncoin, the native token of the TON protocol, is up approximately 8% on the news.
The token is still trading below what it was trading at prior to the arrest of Telegram CEO Pavel Durov. #TelegramCrypto
While Telegram and TON are legally separate entities, the two are closely affiliated as one relies on the other. $BNB
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On Wednesday local time, Durov was indicted in a French court on charges related to enabling illicit transactions and child exploitation on the platform, failing to cooperate with police and providing encryption services without controls, following his recent arrest near Paris, among other charges. #DOGSONBINANCE