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Binance will distribute 800,000 BANANA tokens as an airdrop.
However, BANANA is already listed on many exchanges and has been circulating for a long time.
In its announcement, Binance warned that the tokens from the airdrop would rapidly increase the number of tokens in circulation, potentially causing significant price fluctuations.
The token has a maximum supply of 10 million, with a current total supply of 8.9 million. The current circulating supply is 2,420,000 tokens, which will increase to 3,220,000 tokens following the airdrop.
Price Surge and Token Unlocking:Worldcoin’s $WLD token surged 15% following news of extending lockups for early investors and team members from three to five years. This aligns with the project's focus on long-term sustainability. A daily unlock rate of 2 million WLD ($4.8 million) is set to begin on July 24, 2024.
Expansion and Developments
Worldcoin is expanding globally, with World ID orb verifications launching in Ecuador and operations resuming in Kenya.
Global Identity Network
Worldcoin aims to create a global financial and identity network. Users obtain a World ID by scanning their iris with the Orb, ensuring privacy and security.
WLD Token is Worldcoin's native cryptocurrency, integral to its ecosystem for transactions and identity verification.
Price Change Analysis
The price increase is linked to the extended lockup period, boosting investor confidence in the project's sustainability. Expansion into new regions like Ecuador and Kenya has also fueled bullish momentum.
Top Coins to Watch as Ethereum ETFs Hit the Market
As Ethereum ETFs enter the market, several coins are poised for significant growth. Here are the top picks expected to surge:
Ethereum Beta Coins
$LDO - Known for its liquid staking solutions, LDO is positioned to capitalize on the growing interest in Ethereum staking, potentially driving its value higher.
$ETHFI - As a financial ecosystem built on Ethereum, ETHFI stands to gain from the influx of investments following the introduction of Ethereum ETFs.
Meme Coin
$PEPE - The leading Ethereum-based meme coin, PEPE, combines the viral appeal of meme coins with the robust Ethereum infrastructure, making it a noteworthy contender for substantial growth.These coins are expected to experience significant upward momentum as the Ethereum ETF market expands, offering exciting opportunities for investors.
Following the end of whale sell-offs and the subsequent market recovery, #INJ has emerged as one of the fastest-recovering coins, surging by 25.36% within a week and currently trading at 26.21. Meanwhile, #arkm , with its robust ecosystem, rose by 24.31% over the same period and is now trading at 1.790. The standout performer, however, is #WLD coin, which skyrocketed by 69.33% in a week and is currently trading at 3.205. #Binance $ARKM $WLD $INJ
*This post is not an investment advice it is only for information*
Presidential candidate Donald Trump announced that he has chosen Ohio Senator JD Vance as his running mate for the 2024 presidential election. The Ohio senator reported holding $250,000 worth of Bitcoin in 2022 and has supported certain pro-cryptocurrency legislation.
Trump stated, "After extensive deliberation and considering the talents of many outstanding individuals, I have decided that the most suitable person for the Vice Presidency of the United States is Ohio State Senator JD Vance."
Spot Bitcoin ETFs reached five consecutive days of positive inflows, recording a net inflow of $79 million on Thursday.
The largest share, $72 million, was taken by BlackRock's IBIT ETF, the largest asset manager.
On July 12, U.S. spot Bitcoin ETFs saw over $310 million in inflows, the best day since June 5, per Farside Investors. BlackRock's IBIT and Fidelity's FBTC led with $120 million and $115.1 million, respectively.
This was the largest inflow day since June 5, bringing the week's total to $1.04 billion.
Optimism for $1 by 2025 XRP could hit $1 by 2025 due to ongoing developments and increasing utility.
Bold Prediction: $17 by 2025 Some analysts predict XRP could reach $17 by 2025 with mass adoption and overcoming regulatory hurdles. Recent Market Movements - Increased User Activity: Surge in transactions and trading volume. - Major Collaboration: XRP surged 13.5% after partnering with CME Group. Price Change Summary Recent network activity and major partnerships have boosted XRP’s market credi
THE GERMAN GOVERNMENT HAS SOLD ALL OF ITS BITCOIN!!
The German government has sold all of its Bitcoin. They sent 3,846.05 BTC, worth about $223.81 million, to Flow Traders and 139Po, which are likely institutional or over-the-counter services. Now, the government has no Bitcoin left. $ETH $SOL #Bitcoin #Binance #ETH #web3 #metaverse
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Acording to Bloomberg ETF analyst Eric Balchunas has projected that Solana ETFs, if approved, will start trading by
• March 2025
The SEC can delay ETF applications multiple times but must make a final decision within *240 days of the initial application.*
• Balchunas emphasized that November is a crucial month due to the upcoming presidential elections in the U.S.
$ETH Ethereum is trading below its 21-day, 50-day, and 200-day simple moving averages. However, the relative strength index (RSI) has risen to 39, and the Chaikin Money Flow (CMF) is at -0.05 and climbing.
These indicators suggest that Ethereum may be gaining bullish momentum, with potential for price increases.
$SOL
Meanwhile, Solana is forming an ascending triangle pattern on the 4-hour chart and is currently near the bottom trendline. It is also below its 21-day, 50-day, and 200-day moving averages. The 200-day SMA, around $143, serves as a key resistance level, matching the horizontal resistance of the triangle. $BTC
It's not Germany selling the bitcoin it's the state of germany Saxony. Since seizing nearly $3 billion in January, Saxony has sold over half of its Bitcoin holdings, disrupting the market.
The real reason they are selling the bitcoin is
Earlier this year, Saxony's Criminal Police Office (LKA) seized 49,857 Bitcoin (worth nearly $3 billion) from Movie2k.to's operator for money laundering and other crimes. Recently, the German Federal Criminal Police Office (BKA) began moving thousands of BTC to exchanges like Kraken, Coinbase, and Bitstamp, reducing the wallet's holdings to 23,788 BTC, indicating an intent to sell.
So we can take more bitcoins thanks to them it is distributed to market.
The decentralized finance (DeFi) project Compound (COMP) has experienced a cyber attack. Michael Lewellen, Compound DAO's security advisor, confirmed that their official website is currently being used for a phishing scam.
*He warned users not to visit the site, emphasizing that the protocol and all funds are safe.*
• The warning stated that the security of the "compound.finance" has been compromised and it is now hosting a phishing site.
• Users are advised to avoid interacting with the website until further notice.
• Despite the cyber attack, there has been no significant drop in the price of #Comp .
• Following the news, COMP's price fell by 1.4%, from $47.96 to $47.16.
◇! According to CoinGecko, COMP is currently trading at $47.36.
◇! this article is only for information purpose. It is not an advice for investment ◇! $COMP
Have you ever considered why your investment strategies keep underperforming?
It's because you frequently exit the market prematurely. Each time you face a market fluctuation or a temporary dip, you decide to pull out. It's crucial to recognize that these market movements are tests of your resilience and perseverance. By capitulating too early, you're falling into a trap that prevents long-term success.
*Stay committed, navigate through the volatility, and understand that sustained success in the crypto market comes to those who maintain their positions and adapt rather than panic.
- Phase I: AGIX and OCEAN migrate to FET. - Phase II: FET tokens convert to ASI.
*Network Upgrade: - Code and smart contract updates, node synchronization, testing, and final rollout. - Possible temporary disruptions during the upgrade.
*Listing Announcement:
- Binance will list ASI before the July 15 merger.