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🌐 Will altcoins skyrocket 10x this cycle? Raoul Pal thinks

Raoul Pal, co-founder & CEO of Real Vision predicts 10x altcoin market cap growth. Additionally, 90% of his crypto portfolio is invested in Solana🔥

Is a 10x boom in altcoin market cap coming this cycle? 💥

#altcycle #Solana #10x

Crypto Events Calendar for July

What's interesting and important for the crypto community in the second month of summer:

➡️ July 10 — Dash halving (planned date).
➡️ July 11 — Release of the Consumer Price Index and inflation data in the US.
➡️ July 12 — Sentencing of Alexander Vinnik in the BTC-e case.
➡️ July 14 — Seventh anniversary of Binance's founding.
➡️ July 29 — Sentencing of Avraham Eisenberg, participant in the 2022 Mango Markets attack.
➡️ July 30 — Ninth anniversary of Ethereum's creation.
➡️ July 31 — US Federal Reserve meeting on the key interest rate.

➡️ Also in July — commencement of compensation payments in the Mt.Gox case (exact date unknown).

➡️ The launch of the ETH ETF, which many expected on July, will likely be postponed. The SEC returned the S-1 forms for amendments. Corrections must be made by July 8, and the actual launch of the instruments will likely happen even later.
#event #crypto #launch

JUST IN : 💰 Over 500 million NFTs have been created on #Solana blockchain, with many using the new compressed #NFT standard. Total 100,000 collections and over 49 million collectors.
$SOL

🎤 Peter Thiel doubts BTC growth

PayPal co-founder Peter Thiel is skeptical about significant BTC growth, citing current focus on Bitcoin ETFs and uncertain buyer influx. Thiel's fund invested in Bitcoin in 2014, profiting $1.8 billion before the 2022 drop 🔥

Initially viewing BTC as anarchic, government-resistant money, Thiel notes it hasn’t met these expectations, with FBI preferring Bitcoin over cash for tracking purposes 🥺

Daily Scan
$BTC

💩 Schedule of Major Token Unlocks for July

When a crypto project enters the market, the circulating supply of its tokens is limited: the team, various levels of investors, employees, etc., do not have tokens on hand to avoid creating additional pressure on the coin's price.

💩According to the schedule defined in the project's tokenomics, these participants start receiving tokens and can sell them on the market. This process is called token unlocking.

Shorting after an unlock is an old but always relevant way to make some profit.
#tokenutility #july

🧂 Solana ETF on the horizon?

It's almost the only blockchain platform that has come close to Ethereum in terms of popularity, trading volume, app ecosystem, recognition, user base, and other metrics.

✔️ Recently, one company has applied to create a Solana ETF: VanEck.

They believe SOL is as much a digital commodity as BTC or ETH and plan to launch a spot ETF without futures, unlike previous BTC and ETH ETFs.

So far, we have:

📌 Bitcoin Spot ETF: approved and launched earlier this year
📌 Ethereum Spot ETF: approved and expected to launch in early fall (approximately)
📌Solana Spot ETF: application filed, awaiting SEC response

The launch of a Solana ETF is not expected anytime soon. An optimistic estimate is 2025, considering their regulatory challenges.
$BTC $SOL $ETH

📣 BTC trading hits all-time low

Kaiko reports that BTC trading volume is at its lowest ever. Veteran holders are waiting for a price surge, while new traders focus on meme tokens 💥

Bitcoin ETF issuers now hold 1,000,000 BTC, or about 5% of the total supply 🤑

Daily Scan
$BTC

Notcoin Burns $3 Million in Tokens🔥

Notcoin has just made a major move by burning $3 million worth of NOT tokens to increase scarcity and boost token value. This strategic burn aims to enhance the economic health of the community.

But that's not all! Notcoin is also distributing $5 million in bonuses to reward loyal users, especially those at Gold and Platinum levels in Notcoin Explore. This initiative is designed to foster engagement and loyalty among community members.

As you can remember, Simple has joined the global listing of NOTCOIN, allowing you to invest and trade the most popular coin of 2024 right here on our platform.

Stay tuned for more updates and be part of this dynamic community!

#Notcoin #tokenutility #CryptoCommunty #Reward! #CryptoNewss
$NOT

🔝 Hamster Kombat game has reached 200 million registrations

The token launch is planned on the TON blockchain in July.

📌 Bitget and Foresight Ventures will allocate $20 million to develop the TON ecosystem.
📌Binance has added support for USDT on the TON blockchain. The circulating supply of USDT on the TON network has exceeded 500 billion.
📌Pantera Capital is raising funds for its second investment in TON.

https://t.me/hamster_kombaT_bot/start?startapp=kentId2110213583
#Megadrop #altcoins #HMSTR

📣 New crypto ETFs: ETH, SOL optimism vs. XRP, ATOM doubts

The outlook for ETH is positive as trading approaches, and optimism is high for SOL, especially with potential SEC leadership changes 📈

However, XRP and ATOM face less favorable prospects, as the study's authors appear to prefer other cryptocurrencies 😮

Daily Scan
#CryptoNewss #Crypto_Jobs🎯
$ETH $SOL $XRP #altcoins

In France, in the early elections, a Bitcoin-candidate will get her chance — Aurora Galvez Orjol, a business school professor in Lyon.

She is running independently but with the project "Shedding light on Bitcoin and cryptocurrencies." Her platform also includes "making Bitcoin mainstream" and "properly regulating this sector."

Her goal is "to create an optimal solution for France, taking the best of everything," and Bitcoin is one of those elements.

Aurora Galvez Orjol is an underdog, but now her campaign platform will legally be displayed at all polling stations.$BTC

In June 2024, there has been very low user activity on the Bitcoin network. Currently, this metric stands at around 7 million units, which may be the lowest since late 2016.

Quite an unusual effect for the beginning of summer, indeed 👀
$BTC

$BTC BTC: Will It Hold 60K?

Today Fear and Greed is in the neutral zone at 47, and the StochRSI is nearing the midpoint towards the overbought area.

Overall outlook remains the same: as long as BTC's price doesn't drop below 60K, the 64K retest target is still valid. However, with the weekend approaching, trading volume is decreasing and tends to be bearish.Let's see how the crypto whales decorate the market approaching the monthly candle close. Keep calm, always manage your risk.

⚠️ Another hack and scammers

50 Cent reported the hacking of his social media page X and his own website.

❌ The perpetrators leveraged his massive audience of 12.9 million followers to promote a fake meme token called GUNIT on Solana.

👀 The rapper stated that the scammers managed to raise $3 million within 30 minutes before control over the social media platform was regained.

🇧🇴 Another Country Recognizes Crypto

Bolivia lifts the ban on payments in BTC and other cryptocurrencies and officially recognizes crypto as a legitimate tool for banks and other financial institutions.

The ban was introduced in December 2020.

⛔️ However, the Central Bank of Bolivia reminded citizens that cryptocurrencies are not considered legal tender.

✔️ This does not restrict the use of digital assets but does not oblige service providers and sellers to accept cryptocurrencies. Everything is on a voluntary basis.

❌ Not a Word About Crypto

Last night, the long-awaited debate between Biden and Trump took place in the United States.

🌐 The crypto community had high hopes for this event. It was expected that digital assets and blockchain technology would become one of the most hotly debated topics between the presidential candidates.

⛔️ However, expectations were not met. Trump and Biden did not mention a word about crypto.

🔽As a result, named meme tokens in the PolitiFi segment recorded significant losses. BODEN dropped by 36%, Doland Tremp by 20%, and MAGA by 10%.

How to be profitable in CRYPTOCURRENCY ?

Many people think they have flashes of genius and think they can predict the market. The truth is that the market always ends up correcting the least patient and the most greedy. In the world of cryptocurrencies, among those who want to make a profit, 90% are in losses and only 10% in profit if not less.

Do not give in to downward pressure, certain major players like whales and institutions are lowering the prices of different cryptos by selling them little by little and then buying back when prices are at their lowest. Ultimately, in my opinion, the general trend is upward and will continue to be so.

However we are in a period of intense decline which generally lasts ~ 3-4 months. I would end up quoting Warren Buffet whose first advice is “don’t lose money”. Selling your assets when they are in negative actually makes you lose money, not sold = not lost. Give your assets time to recover, the losses are only temporary, the real work begins now and only the most patient and those with the most perspective will make a profit at the end of this season.

$BTC $ETH
#BullRun #btc70k