📈 ¿Está cerca el próximo impulso alcista? Parece que la hi | TopCryptoNews en Binance Square

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📈 ¿Está cerca el próximo impulso alcista?
Parece que la historia se repite. En este caso, después de una ligera consolidación, Bitcoin tiene posibilidades de volar hacia arriba, señala el comerciante Jelle.
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⭐️ Bullish Signal On LUNC: Researcher Spots Potential Triggers Acclaimed blockchain researcher Collin Brown has spotted significant bullish developments in the Terra Luna Classic ecosystem. In a recent post highlighting Terra Classic Foundation’s recent announcement on X, Brown identified trends that suggest improved LUNC adoption that could signal a potentially bullish sentiment for the altcoin. 🚀 Terra Luna Classic Staking Ratio Hits 15% With 1T LUNC Staked! 🔹 Over 1 trillion Terra Luna Classic (LUNC) tokens staked. 🔹 Staking ratio surges to 15.01%. 🔹 Recent LUNC burns by Binance add to optimism. 🔹 $70.15 million worth of LUNC staked. Staking reduces.. — Collin Brown According to Brown, onchain data reveals that Terra Classic community members have staked over one trillion LUNC tokens, amounting to $70.15 million. He noted the figure reflects a surge in the crypto token’s staking ratio, pushing it to 15.01%. The blockchain researcher further highlighted that the increased staking rate reduced LUNC’s circulating supply, signaling significant community confidence and potential price appreciation. Meanwhile, Brown spotted additional bullish momentum for LUNC triggered by Binance’s recent burn exercises, which he believes added to the optimism within the Terra Classic community. Binance burned 1.7 billion LUNC tokens on July 1, marking the 23rd batch since it kicked off the LUNC burn mechanism. Binance has supported the Terra Classic community since 2022 by implementing the LUNC burn mechanism to reduce the token’s overall supply. The above-mentioned 23rd token burn batch covered from May 31 to June 29. It is worth noting that Binance alone accounts for over 50% of the total tokens burned by the Terra Classic community. For detailing, Binance has now burned over 62 billion LUNC tokens, with the total LUNC tokens burned by the Terra Classic community exceeding 125 billion. LUNC traded for $0.000070451 at the time of writing, reflecting a 46% price drop in the past six weeks. $LUNC #LUNC

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💥 Bitcoin Network Sees Second Largest Difficulty Reduction of 2024 On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. 🔸 Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty dropped by 5% this week at block height 850,752 on July 4. This reduction, the second-largest this year, follows a 5.62% drop that occurred on May 9 at block height 842,688. Both significant decreases came after the fourth halving event at block height 840,000. Despite hashprice levels hitting unprecedented lows, the hashrate remains at 582.33 exahash per second (EH/s). Additionally, the average block interval has been approximately ten minutes and four seconds. The low price of bitcoin, directly affecting hashprice levels, has put substantial pressure on miners. The past two months have seen mining revenue fall significantly compared to the two months preceding the downturn. This has resulted in three consecutive difficulty reductions, although the first two were minor, at 0.79% and 0.05%. The next difficulty retarget is anticipated on July 19, with another reduction likely in the cards. The recent consecutive decreases in Bitcoin’s mining difficulty underscore the ongoing challenges miners face due to low hashprice levels and declining revenue. As the network adjusts, the upcoming retarget on July 19 may continue this pattern. This period highlights the dynamic nature of Bitcoin’s ecosystem, where external pressures can significantly impact operational realities, including adjustments that benefit miners. $BTC #BTC

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⭐️ Polkadot Introduces Hyperbridge to Revolutionize Blockchain Connectivity, Will DOT Surge Soon? Polkadot’s Hyperbridge enables seamless communication between multiple blockchain networks using advanced cryptographic proofs and decentralized relayers. Hyperbridge’s coprocessor model reduces on-chain verification costs by performing off-chain computations, enhancing transaction speed and efficiency. Hyperbridge’s chain-agnostic nature allows developers to create applications that interact seamlessly with any blockchain, promoting widespread adoption. Polkadot has launched Hyperbridge, a groundbreaking concept that promises to transform blockchain interoperability. 1/7 🧵 Introducing Polkadot Hyperbridge: @hyperbridge_ is the ultimate solution for blockchain interoperability. Imagine seamless communication between Polkadot, Ethereum, BNB chain, Base…, powered by cutting-edge cryptographic proofs and decentralized relayers. — dablock.com The technique allows for easy interaction between Polkadot, Ethereum, and the BNB Chain, among other blockchain networks. Hyperbridge addresses a major issue in the blockchain industry by utilizing decentralized relayers and advanced cryptographic proofs. Blockchain networks cannot be fully utilized unless interoperability is achieved. It provides secure and scalable interactions across several chains. Hyperbridge’s unique coprocessor model improves upon this feature. This model decreases on-chain verification costs by running computations off-chain and securely transmitting the results immediately. As a result, cross-chain transactions become faster, more cost-effective, more efficient. Hyperbridge includes various new features that distinguish it from other systems. One of the main features is proof aggregation that enables Hyperbridge to validate and combine the states of multiple connected blockchains into a single proof. This consolidated proof serves as a secure bridge for cross-chain messages. $DOT #DOT #Polkadot

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🔥 Chainlink Price Analysis Hints $20 Rally Amid Whale-Driven Momentum Chainlink Price Analysis: During the June market correction, the Chainlink price experienced a sharp decline, suffering a 26% loss over the month. However, as supply pressures subsided over this weekend, buyers succeeded in maintaining support above the $12.2 level, which has been a critical floor since November 2023. This level is now viewed as a key turning point for a potential reversal from the recent significant drop. 🔸 Chainlink Price Analysis: Whales Build Positions with $86.7 Million in LINK As the market witnesses a massive crash over the weekdays, a fresh recovery hits over the weekend. With a similar trend, the LINK price sustains above the $12.59 support level with a lower price rejection on Friday. This completes a morning star pattern with the 7.28% bullish engulfing candle. In the larger trend, the ongoing correction phase marks a negative cycle within a triangle pattern. As the buyers abruptly halt the negative cycle before reaching the support trendline, a bullish reversal is likely to start. Recent on-chain data reveals a significant accumulation of Chainlink (LINK) by whales and institutional investors. A total of 90 fresh wallets have withdrawn approximately 6.72 million LINK, valued at $86.7 million, from Binance recently. Additionally, another set of data from Lookonchain reveals that 54 fresh wallets withdrew 2.08 million LINK, valued at $30.28 million, from Binance around late May to Early June. The continuous accumulation of LINK by large wallets underscores the growing confidence and interest in Chainlink’s long-term potential. The anticipated bull cycle can test the overhead declining trendline that has caused two bearish reversals within the triangle. Further, it could reclaim the $15 psychological mark. Currently, altcoin trades at $12.919 with an intraday drop of 1.98%. This undermines the bullish recovery but the action sustains above the critical level of $12.58. $LINK #LINK

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⛔️ Memecoin Whale Incurs Loss of $207K in PEPE A whale has recently gone through huge losses. SpotOnChain, a famous crypto analytics firm, has revealed a distressing story of a big investor who incurred substantial losses on a memecoin due to a mistake. The analytics company took to its official X account to disclose the details of the respect sad event. 💬 What a sad story! 2 hours ago, a whale deposited 519B PEPE ($5.11M) to #Binance at an est. loss of $207K (-3.9%). The whale accumulated these PEPE tokens before the ATH in late May and could have made a $3.47M profit had it unloaded during the pump! Besides losing in PEPE. — Spot On Chain 🔸 Whale Suffers Massive Loss after Investing in $PEPE Memecoin Just a couple of hours back, the whale reportedly deposited a stunning amount of up to 519B PEPE coins. The whale reportedly deposited this amount, equaling up to $5.11M, into the prominent centralized crypto exchange Binance. However, the whale misjudged the situation and this development paved the way for a significant loss. To the disappointment of the whale, the asset went through a staggering decline of 3.9% 🔸 Holding the Asset for Too Long Resulted in the Loss As a result of this, the whale witnessed $207,000 in losses. The respective event becomes even more saddening as the whale had collected the respective coins before the all-time high of the asset. This took place back in May’s last days. If the whale had traded their holdings when the token was at its peak, the outcomes would have been different. In such a situation, the whale could have obtained a profit of up to $3.47M with the same memecoin trade. Nevertheless, holding it for long led to the losses. As per SpotOnChain, this is not all as the whale currently sees $6.68M in terms of unrealized losses in other assets. They take into account $YFI and $AAVE. Keeping that in view, the cumulative losses of the whale have reached an enormous amount of approximately $6.88M. #PEPE

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