📢On July 24, spot Bitcoin ETFs recorded an inflow of $44 mi | Crypto De Nostradame sur Binance Square

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📢On July 24, spot Bitcoin ETFs recorded an inflow of $44 million.
🧙‍♂️Grayscale (GBTC) spot Bitcoin ETF experienced an outflow of $26 million.
🧙‍♂️Blackrock (IBIT) ETF experienced an inflow of $66 million.

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Will Ethereum (ETH) break record highs in 2024? Crypto analysts have been discussing whether ETH, which has attracted Wall Street’s attention with its spot Ethereum ETFs, will rise. Analysts are divided on whether the ETH price will reach an all-time high (ATH) by the end of 2024. While many analysts do not expect ETH to rise due to “weakness,” there are also a large number of analysts who think the price will rise soon. Although there is disagreement on #ETH price expectations, experts agree that Ethereum is lacking in social and technical terms. Nick Forster, founder of crypto derivatives platform Derive and former Wall Street investor, told Cointelegraph: “Right now, Ethereum is struggling with a lack of a compelling narrative to drive its price, especially compared to other assets.” Forster noted that spot Ethereum ETFs have attracted Wall Street attention, but that interest has put ETH in competition with more lucrative tech stocks. ETH has only gained 1% since January 1, according to CoinGecko data. ETH, which is trading at $2,400, has underperformed U.S.-listed tech stocks. Nvidia (NVDA) has gained 122.57% since the beginning of the year, while Meta (META) has gained 49.26%. Analysts claiming that spot #Ethereum ETFs traded in the US are weak in competition, think that it is difficult for #ETH to exceed the ATH level of $ 4,878. Arguing that the US elections are the “most important event” in #Ethereum history, Forster said: “There is an additional volatility increase with a potential movement of 10-15 percent on that day regarding the elections.” Forster stated that the impact of the US elections will be greater than spot Ethereum ETFs. Crypto analyst Titan of Crypto also stated that $ETH is preparing to rise.

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Bitcoin is collapsing, these altcoins are resisting: Which ones are at the top? Despite #Bitcoin ($BTC ) falling below $56,000, which altcoins managed to stay strong? The cryptocurrency market is performing below bullish expectations. The fact that the leading cryptocurrency BTC has lost nearly 6 percent of its value since September 1 has made investors nervous. Which altcoins managed to stay strong in the cryptocurrency market, where a pessimistic atmosphere prevails? #Tribe (TRIBE), the project behind the stablecoin called FEI, managed to stand out with its work in the field of decentralized finance (DeFi). TRIBE rose 14 percent in the last 24 hours. According to CoinGecko data, TRIBE recorded a trading volume of $8.45 million in the last 24 hours. TRIBE's market value exceeded $200 million. Rollup project #Avail (AVAIL), shown as a rival to Dymension (DYM), rose by 5.2 percent in the last 24 hours and took the top spot. One of the newest coins of 2024, AVAIL, became the third highest-rising altcoin of the day. AVAIL, with a market value of $ 242 million, recorded a trading volume of $ 9.45 million in the last 24 hours. #Toncoin ($TON ), a layer-1 blockchain supported by Telegram, took the top spot by increasing by 4.3 percent in the last 24 hours. It was noteworthy that TON, which went through difficult times, remained strong. TON, which recorded a trading volume of $ 510 million in the last 24 hours, has a market value of $ 12.15 billion. Simon’s #Cat (CAT), an important cat figure of BNBChain, managed to remain strong by increasing by 3.3 percent in the last 24 hours. CAT was the only memecoin among the five highest-rising altcoins of the day. CAT recorded a trading volume of $74 million in the last 24 hours and reached a market value of $154 million.

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September could turn the corner: Two critical elements for BTC. Some #Bitcoin (BTC) investors believe that the decline experienced in September will not repeat this time. Some Bitcoin investors do not believe in the possible decline scenario in September. When we look at BTC's cycles, a large portion of Septembers have closed negatively. However, history may not repeat itself. Tyr Capital's chief investment officer Ed Hindi told Cointelegraph, "While September is generally a bad month for BTC, the combination of the Fed's interest rate cut and a strong US economy could surprise the bears." Daan Crypto Trades stated that he is watching for signs of "higher highs and higher lows" on Bitcoin's long-term price chart. He explained that this is a bullish signal that buyers are dominating the market over sellers. The famous analyst expressed his views as follows: "I want #BTC to strengthen and trade above 65 thousand. I think the price structure will slowly turn bullish." This development comes after crypto analyst Matthew Hyland’s Bitcoin plunge below $58,000. Hyland said in an analysis video published on August 30, “$BTC needs to break out of these levels and make a new peak so that we can confirm the uptrend we have been in since August.” BTC, which does not present an encouraging outlook for now, may gain good momentum with the upcoming Fed interest rate decision and the US presidential election. However, the news flow towards the crypto sector will also be decisive in this process.

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📣Binance announced that it will distribute a total of $1 million in #USDC as an airdrop to #FRONT and #SLF holders. (Screenshot for FRONT taken at 03:00 on August 28, and for SLF taken at 03:00 on September 2.)

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🗣️Fed member Williams: •We are ready to start the process of cutting interest rates. •It is highly likely that GDP will grow by 2.5% in the US this year. •I expect inflation to be close to 2% next year. •Despite the increase, the unemployment rate is still low. •I expect inflation to be 2.25% this year.

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