Mt. Reddit In the survey conducted among Gox customers, 260 | Crypto De Nostradame a Binance Square-en

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Mt. Reddit  In the survey conducted among Gox customers, 260 of 467 people (55%) voted to keep all their #Bitcoin .
 88 participants want to sell all their assets.

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Binance Lists Rebranded Altcoin: Will Add Margin! The world's largest cryptocurrency exchange Binance has announced a new trading pair in margin trading. Binance announced on July 26 that it will list #RENDER , which was rebranded from $RENDER , one of the largest AI altcoins in the market, as a borrowable asset in cross and isolated margin trading at 13:00 today. According to the statement, Binance will provide RENDER investors with the opportunity to trade isolated and cross margin in #Tether (USDT) and USD Coin (USDC). With the listing in question, investors will now be able to use RENDER/USDT and RENDER/#USDC trading pairs in isolated and cross margin trading. #Binance announced in the same statement that it has listed RENDER on futures with a maximum leverage of 50x.

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Ethereum Price Falls Despite Record Whale Transactions Following Spot Ethereum ETF Launch The launch of Spot Ethereum ETFs was expected to be a positive price movement for Ethereum. However, contrary to these expectations, Ethereum’s price entered a downward trend. Ethereum, which was traded at $3,500 at the beginning of the week, fell to $3,100, indicating a “sell on the news” trend among market participants. Despite the negative price movement, Ethereum whales are observed to be exhibiting unprecedented activity. IntoTheBlock’s on-chain data shows a significant increase in large transaction volumes. On July 24, Ethereum whales moved a total of 3.50 million ETH in 24 hours, an amount not seen since the initial launch of Spot Ethereum ETFs. Moreover, this activity continued, reaching a new peak of 3.68 million ETH on July 25. This metric tracks transactions exceeding $100,000, suggesting that large traders are extremely active despite the market decline. Whale movements sometimes indicate broader market trends. Whale transaction tracker Whale_Alerts has noted several significant ETH transactions on social media. While some analysts interpret these movements as outflows to exchanges, others see them as signs of accumulation, indicating mixed sentiment within the market. IntoTheBlock’s data paints a mixed picture of whale behavior. Large wallets saw a 12.42% increase in inflows over a seven-day period, while outflows increased dramatically by 38.17%, resulting in a net flow decline of 100.65%. These statistics highlight that outflows are significantly greater than inflows, and that large-scale holders are likely to sell their ETH.

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Twitter Spaces with OpenCampus 🎙️ Tune into our Twitter Spaces tomorrow as our co-founders Julian Peh & Dr. Jennifer Dodgson, along with our partners @OpenCampus_xyz, dive into 'DeAI + Education: A Trillion Dollar Market' When? July 29th at 2 PM UTC Set your reminders using the link below 👇 https://twitter.com/i/spaces/1PlKQbwRlvDGE

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Michael Saylor Calls on the US Government to Become the Major Owner of Bitcoin Michael Saylor, a prominent Bitcoin advocate, recently stated that the US government should own the majority of the world’s Bitcoin. At the Bitcoin 2024 conference, he predicted that Bitcoin’s market cap could skyrocket to $280 trillion by 2024, a more than 200-fold increase from current levels. This prediction echoes his previous assessment that Bitcoin’s market cap could exceed $100 trillion, with each coin potentially worth $5 million. To achieve such dominance, the US government would need to own 10.5 million BTC, worth approximately $711 billion. The US government currently owns 208,898 BTC seized from criminal activity, worth $14 billion. An acquisition of this magnitude would represent a major shift in the financial landscape and could potentially strengthen the US dollar and increase its role in international trade. Saylor’s vision is consistent with the views recently voiced by independent US presidential candidate Robert F. Kennedy Jr. that the US government should have a similar amount of Bitcoin to its gold reserves. The Federal Reserve currently holds 8,134 metric tons of gold, worth $615 billion. Kennedy suggests that having significant Bitcoin reserves could support the US dollar as a stable asset portfolio. Saylor also supports this view, citing the strategic and economic benefits of historical decisions such as the construction of the Port of New York. For example, the construction of the Port of New York significantly increased international trade for the US. Similarly, large #Bitcoin holdings could strengthen the dollar and solidify US global financial dominance. This potential move would be unprecedented and would indicate a forward-thinking approach to economic stability and growth in the face of the increasing importance of digital currencies. He cites similar examples of economically sound decisions.

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Bitcoin Price Surge Raises Investor Sentiment to 16-Month High Amid Trump’s Crypto Advocacy The recent surge in #Bitcoin prices has boosted investor confidence, sending the cryptocurrency to a 16-month high. Social media analytics show a massive increase in positive comments about the cryptocurrency, reinforcing the bullish trend. The massive 20% increase in three weeks reflects the growing optimism, and Bitcoin is currently trading at $67,708—a significant 6.22% gain since July 25. According to data from Santiment, Bitcoin’s Weighted Sentiment Index—which measures positive and negative comments—has risen to its highest level since March 2023. This positive sentiment shift coincides with talk that Bitcoin could reach a new all-time high. Former US President Donald Trump’s expected speech at the Bitcoin 2024 Conference has also added to the bullish expectations; Trump has proposed ambitious goals aimed at making the US a leader in cryptocurrency. Comparing #Bitcoin to gold, this digital asset has had a tangible impact on market sentiment. Following Trump’s speech, well-known crypto advocate Senator Cynthia Lummis introduced a bill that aims to create a strategic #Bitcoin reserve. The bill proposes that the US government purchase and hold 5% of the global Bitcoin supply for at least twenty years. This move has also created additional bullish sentiment in the market. The Crypto Fear and Greed Index has increased by 24 points to 71 since June 28, indicating that the prevailing mood among market participants is greed. This is a significant change from the downtrend when Bitcoin was trading around $65,000 on June 21. The weighted sentiment has shifted from negative to positive, in line with the recent price increase.

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