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Wallet that bought ETH for $5 starts selling: 468x profit! A mysterious Ethereum (ETH) whale has started selling tokens it bought for $5.23 in 2016. In February 2016, #Ethereum (ETH) was trading at around $5. At the time, an investor bought 16,636 ETH from the ShapeShift crypto exchange. Chinese crypto data platform EmberCN revealed that the Ethereum was purchased for $5.23 per unit, with a total cost of $87,006. The blockchain platform found that the investor had held onto his Ethereum for more than eight years before selling it. The investor sold 350 ETH for $2,340 per token on September 16, generating an initial $819,000 in revenue. The mysterious investor still has over $38 million in $ETH after this sale. The sale made by the whale naturally created fear in the sector. The fact that he sold the $ETH he collected at $ 5.23 as of September 16 may mean that the whale is expecting a decline. Considering the indecision in the market, Ethereum's job seems difficult at the moment. In addition, the Ethereum/Bitcoin parity has reached its lowest level in the last three years. In short, the leader of altcoins is being crushed by BTC. As of the writing of the news, Ethereum, which changed hands at $ 2310, may face selling pressure as long as it cannot exceed $ 2500. This level, which is important both technically and psychologically, is of critical importance in the short/medium term. Crypto investors can closely follow the $ 2500 band and news flow during this process. #CryptoDeNostradame #ParrotBambooCrypto
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ETH crushed against BTC: Red alert for altcoins! The ETH/BTC parity reached 0.038 as of September 16, falling to its lowest level since April 2021. ETH fell by 6 percent in the last 24 hours due to tension in the cryptocurrency market. The flagship of altcoins reached its lowest level against BTC since April 2021. Both losing value and being crushed against $BTC increased the danger for altcoins. Meanwhile, the cryptocurrency market value fell by 4.5 percent and reached $ 2.12 trillion. $ETH was greatly affected by this decline. The ETH/BTC parity, which shows the value of Ethereum against Bitcoin, has been crushed. This data, which saw its lowest level since April 2021, shows that the altcoin market is bleeding. Altcoins, which came to life in March 2024, rose with Ethereum and made their investors happy. However, when we look at the current process, things are not going well at all. Despite the Fed interest rate decision and the approaching US presidential elections, cryptocurrencies, which have shown a weak performance, have confused people. While many cryptocurrency investors expect September to be positive, a stable pricing is currently seen. Since Bitcoin is fluctuating between $ 58,000 - $ 60,000 and Ethereum is fluctuating between $ 2250 - $ 2400, there are no sharp increases in altcoins. If the ETH/BTC parity rises, #BTC dominance falls below 55 percent, or Ethereum exceeds $ 2500, there may be a positive movement in altcoins. It will also be important to follow the news flow regarding the sector during this process. #CryptoDeNostradame #ParrotBambooCrypto
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Binance’s $10 Billion Arm Invests in “A” Rated Project. Binance Labs, the $10 billion investment arm of the world’s largest cryptocurrency exchange Binance, has invested in OpenEden, an investment platform that aims to tokenize real assets (RWA). OpenEden is a fund management company licensed by the central bank of Singapore and a full-stack tokenization technology company. The company’s tokenized U.S. Treasury Bond Fund (TBILL) is the only tokenized T-Bill product with an “A” rating from Moody’s and the largest such example outside the U.S. OpenEden aims to bring trillions of dollars of real-world returns to the blockchain and believes that internet-based money will make this process accessible to everyone, creating a more inclusive and decentralized economy. Last month, OpenEden announced that it had secured over $100 million in total value locked (TVL) for its TBILL tokens. TBILL is a smart contract vault that provides investors with direct access to a pool of short-term US Treasury bonds and reverse repurchase agreements. Investors can invest in assets in this pool by minting TBILL tokens. The platform offers KYC-verified investors, DAOs, and crypto treasury managers the opportunity to connect their self-custody wallets to mint TBILL tokens and earn returns in stablecoins. With the support of Binance Labs, #OpenEden aims to expand RWA-backed returns in the DeFi ecosystem, introduce new products, and expand into new markets.
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XRP could increase by 38,000 percent: Famous analyst spoke for Ripple. An analyst stated that the XRP chart, which has been stuck for a long time, could increase by 38 thousand percent with its breakout. #Ripple , which is closely followed by the Turkish crypto ecosystem, attracted attention with its technical structure. The major coin, which has come this close to breaking for the first time since reaching its all-time high, seems to have excited investors. A famous analyst thinks that a 38 thousand percent increase is possible for XRP. As of the writing of the news, $XRP is changing hands at $ 0.5879 and its market value has decreased by 0.2 percent in the last 24 hours. However, XRP managed to keep its trading volume above the $ 1 billion mark. An analyst at X believes that this is the calm before the storm and that #XRP is heading towards a major rally. Crypto Bull, who has 145 thousand followers, stated that the major coin has been priced in a triangle structure since reaching an all-time high in 2018. The pair experienced the same process in 2014 and delighted its investors with a big explosion. If XRP regains the same momentum, it is shown as a possibility that it will rise to $227, which means a 38,500 percent increase from its current price. It is worth remembering that the analyst's prediction is quite ambitious because in such a scenario, XRP's current market value would need to exceed $12 trillion. The biggest indicator that this claim is floating in the clouds is that XRP's projected value is 12 times the current value of Bitcoin and three times the value of the world's most valuable company, Apple. #CryptoDeNostradame #ParrotBambooCrypto
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Catizen draws criticism with airdrop distribution: Crisis grows. Telegram's popular game Catizen has become the focus of criticism after announcing its airdrop distribution. Catizen, one of the most famous games in the $TON ecosystem, announced its airdrop criteria a few days ago. When the criteria are examined, players who increase referrals rather than those who have put a lot of effort into the game stand out. Players who hardly play the game have outpaced thousands of people with their CATI income from referrals. However, a large portion of Catizen players reacted to the airdrop distribution. CATI will have a total supply of 1 billion tokens and 305 million tokens will be released. CATI, which has a great reputation even before it was released, will be listed on many cryptocurrency exchanges on September 20. "I ranked 6,054th among 36 million players, but I only received 39 CATIs," one player claimed. "How can someone call this a fair distribution? We need transparency in token distribution," he continued. Other players also rebelled over the amount of #CATI they earned despite playing the game for so long. In a short time, the hashtag “catizenscam” started trending on X. However, the complaints are not only focused on the number of tokens allocated to players. Another factor that drew reaction was the previously unannounced changes in the token distribution model and distribution criteria. Catizen players are waiting for the #CATI listing. Expectations have fallen with the announcement of the airdrop amounts. It is currently unpredictable what the CATI price will be. #CryptoDeNostradame #ParrotBambooCrypto
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