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Crypto De Nostradame
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📣Binance Labs anunció que invirtió en Bouncebit.
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#NewEraofHOOKED #HookedonWeb3Mastery Welcome @AlphaOrBeta_FUN to HOOKED 2.0 Alumni – Co-building Web3 Education with Ecosystem Giants for enriched experiences & mastery! https://wallet.hooked.io/system/index/index.html#/welcome… 💡Conquer quizzes 🏅Earn a AlphaOrBeta Medal & rewards for decentralized learning!
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$40 Million Ethereum Whale Will Lose If Price Drops to This Point! An altcoin whale is at risk of liquidation due to the decline across the cryptocurrency market. According to a post by blockchain analysis platform Lookonchain, a whale who has taken a long position in Ethereum (ETH) will lose his position if the price drops by a few hundred dollars. According to Lookonchain data, this whale deposited 12 thousand 734 Ethereum ($40 million) in Compound. He then borrowed $31.4 million worth of stablecoins. Compound allows users to borrow against underlying assets using crypto assets as collateral. USD Coin (USDC) is used as the base asset on the Ethereum-based platform. If the Ethereum price drops to $2,984, this whale's position will be liquid. Ethereum price is falling along with many other cryptocurrencies on the market, including Bitcoin. According to CoinGecko data, the ETH price dropped by 4.9% in the last 24 hours and fell to $ 3,137. According to Coinglass data, during this period, a total of 293.9 million dollars worth of positions were liquidated in the market, of which 259 million dollars were formed in long positions.
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During Bitcoin Crash, Solana-Based Meme Coin Gained $1.24 Million for the Whale. While the cryptocurrency market fluctuates, not all investors experience losses. Although Bitcoin's decline has caused serious declines in the portfolios of many investors, some investors are successfully managing this difficult period. An example of this is when an investor turned a small investment in a Solana-based meme coin into a fortune. On July 4, on-chain data account Lookonchain highlighted a notable transaction. An investor purchased Michi, a meme coin on the Solana blockchain, for approximately 1.34 million USDC. This sale price was $0.1557 per Michi and brought the investor a serious profit of $1.24 million. This significant gain demonstrates the investor's adeptness at timing the market and identifying high-reward opportunities. The investor began this profitable venture by spending approximately $103,000 between April 8 and April 15. With this amount, he purchased 578 #Solana (SOL) coins and exchanged them for 8.6 million Michi at a cost of $0.01186 per coin. When Michi's value peaked, the investment was worth an estimated $5 million, demonstrating how strategic investments can generate high returns in non-traditional crypto assets. This example highlights the importance of market analysis and strategic planning by highlighting the huge profits achieved with a relatively modest investment. The general decline in major cryptocurrencies like Bitcoin has led investors to alternatives such as meme coins, which are high-risk, high-reward assets. These assets can fluctuate, but can offer big returns for those who can manage their unpredictability. As a result, while the overall crypto market is experiencing difficult times, significant profit opportunities still exist in niche sectors such as meme coins. This investor's $1.24 million profit from a meme coin demonstrates the value of strategic investments and market diversification. $BTC $SOL
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Big fight in Bitcoin (BTC): Bears are leading! Bitcoin fell more than 2 percent on July 4 as a key support level was retested for the first time since October 2023. Edwards, along with data from on-chain analytics company Glassnode, stated that Bitcoin has seen significant selling pressure throughout the year. According to market data, BTC fell to $57,885 after the last daily close. Mt. The fear created by Gox and the sales from spot markets shook Bitcoin bulls. According to data from CoinGlass, 24-hour Bitcoin long liquidations are at the level of $ 230 million. Evaluating the recent price movement, popular trader Skew stated that BTC/USD surpassed its 200-day moving average (MA) for the first time in 10 months. Skew said the following in part of an article in X: “The sale at around $63.8 thousand reversed the momentum and led to a major decline. We need to see investors' appetite and an upward turn. “Otherwise, volatility and momentum will increase downward.” Edwards, along with data from on-chain analytics company Glassnode, argued that Bitcoin has seen significant selling pressure throughout the year. United States spot Bitcoin exchange-traded funds (ETFs), launched in January, were unable to absorb this decline. “This is why I haven't seen a clear rise,” Edwards told his followers. Saylor, Michael Dell, ETFs. "All of this was in vain," he said. BTC, which has been in a downward trend for a while, is affected by spot ETFs, the German government and Mt. Gox took a big hit with its agenda. Since the majority of crypto investors focused on altcoins, the losses were naturally high.
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🧙♂️ #Bitcoin price fell below 57 thousand dollars and reached $ 56,952. 🧙♂️ The German government sent 1300 Bitcoins to cryptocurrency exchanges and 1700 Bitcoins to an unknown wallet address. 🧙♂️ South Korea will monitor the internal data of stock exchanges in the country in real time as part of crypto fraud measures.
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