#ZKSPad has now joined #Nuls & #NerveNetwork #Ecosystem ! | koinmilyoner a Binance Square-en

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#ZKSPad has now joined #Nuls & #NerveNetwork 
#Ecosystem ! ZKSPad hopes to create the most robust launchpad ecosystem and beyond
NULS holders can now stake their tokens with ZKPad on the NULS #POCM Platform.

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NEWS FLASH: Beginning in July of 2024, Mt. Gox will pay its creditors $9.2 billion in bitcoin and bitcoin cash The notorious Japanese cryptocurrency exchange Mt. Gox has said that beginning in July 2024, it would start distributing recovered Bitcoin (BTC) and Bitcoin Cash (BCH) to creditors. After the Mt. Gox exchange collapsed in 2014 as a result of a huge cyberattack, a restoration strategy was initiated. This represents a significant advance in that endeavor. The following amounts are to be distributed by Mt. Gox, as per court records and reports from creditors: A chunk of the Bitcoin taken during the 2014 breach was 142,000 BTC, which is now worth almost $8.8 billion (at a price of $62,000 per BTC). 140,000 bitcoin: This amounts to almost $400 million at the current price of about $650 per BCH. Image Although the precise timing of distribution is yet unknown, creditors should anticipate receiving their shares in accordance with the percentage of their confirmed claims. According to the notification, the Rehabilitation Trustee has finished the required exchange and confirmation processes with cryptocurrency exchanges, so the repayments may be processed via them. The Possible Effect on the Market Potentially conflicting reactions from the bitcoin market may accompany the imminent Mt. Gox payout. It is possible that the price of Bitcoin Cash (BCH) may fall if a huge quantity of it were to suddenly enter circulation. On the other hand, more creditors wanting to sell or trade BCH could make up for this. The effect on Bitcoin (BTC) is unclear. With such a little fraction of the overall supply in circulation, the distribution amount is unlikely to have much of an impact on prices. Nevertheless, the general attitude towards Mt. Gox's recovery may have an immediate impact on the market's perception of Bitcoin. Crypto is now selling for $62,000 on the announcement of the impending repayments. The top cryptocurrency, however, has fallen 2.7% in the last day and 5.3% in the last week. #CryptoPCEWatch #BTCFOMCWatch #MtGox $BTC

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Ethereum at $5,000? ETH Open Interest Rising on CME Before Spot ETFs Trading At writing, Ethereum is down 18% from March 2024 highs. Analysts are optimistic despite bears maintaining the second most valued currency below $3,700 at market pricing. ETH Futures Open Interest Increases on CME According to X, institutions are preparing to drive prices higher. According to increased open interest in Ethereum Futures at CME, a market, the expert believes the “big money” is buying ETH after the recent downturn. To support this view, the analyst claimed the Ethereum CME futures contracts' open interest pattern is solid. This behavior resembles Bitcoin futures before spot Bitcoin ETFs. For this reason, the analyst believes Ethereum is printing a similar pattern. Ethereum is recording depressing lows. Sellers have held back momentum and capped bulls. It seems that traders will watch $3,700 as a resistance level. After the June 7 break, bulls did not reply, and the bear breakout was confirmed on June 11. The debut of Ethereum spot ETFs might boost prices despite market circumstances. The expert expects a $5,000 growth, confirming the Q1 2024 trend and breakthrough over the flag. How price action plays out will determine bull control. Open interest is technically the total of open and long-leveraged holdings. If buyers drive prices up, ETH might break $3,700 this week. Ethereum ETF Expectations: Will They Succeed? Additionally, the recent surge in spot Ethereum ETF applications boosts confidence. Seven applicants with recently authorized 19b-4 forms filed updated S-1 registration statements to the SEC on June 21. According to analysts, the FDA may allow these products to trade by early July 2024. While positive for Ethereum, several experts doubt they will succeed as spot Bitcoin ETFs did. Senior ETF analyst Eric Balchunas of Bloomberg said that the Ethereum ETF would succeed if it captured 20% of Bitcoin's capital inflow. #CryptoPCEWatch #ETH $ETH

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Regarding the BTC/USD pair, Bitcoin is putting pressure on the critical 60K support level after a dip of 4% on Monday During the early hours of trading in the United States on Monday, Bitcoin saw a loss of almost 4%, marking the worst one-day loss since April 30. A recent acceleration downward is exerting pressure on the psychological support level of 60 thousand (which is also close to the Fibonacci 76.4% of the 56427/71929 rally). Stretched daily studies add to the indications that bears would encounter stronger headwinds on the approach to the 60K pivot. Upticks would be required to remain beneath the base of the thick daily cloud (64214) in order to keep bears in play and give improved selling opportunities. A sustained break of the 60K zone has opened the door for a test of the 200DMA (57331) as well as a test of the important support held at 56427 (the low from May 1). 62349, 63235, 64214, and 64815 are the residences. 60085, 60000, 58608, and 57331 are the support numbers. #BinanceTournament #BTC #BTCFOMCWatch $BTC

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Solana Falls 13%; Will It Be Able to Recover From Analyst's $1,000 Forecast? The recent ups and downs in the cryptocurrency market have swept Solana (SOL) along with it. The 13% drop in SOL over the last week has investors worried about the future after the spectacular surge earlier in 2024. Patel, a technical analyst, thinks he may have finally figured out the future of the fast blockchain—and it has something to do with a cool drink. A famous "Cup and Handle" pattern, a bullish indication that resembles, well, a cup and its handle, is identified by Patel when he examines the weekly SOL/USDT chart. According to Patel, Solana's spectacular ascent and fall fall inside the "cup" part of the pattern, which begins in the middle of 2021 and continues in the middle of 2022. Currently, we are at the "handle" phase of consolidation, when prices level out after the first parabolic surge. The most important thing for SOL bulls is to break beyond the psychological $200–$225 level of resistance. The beginning of a bullish comeback may be in sight if this resistance level is broken. $1.042 or $520: Patel's Lofty Price Objectives Beyond the immediate barrier, Patel's research outlines two possible medium- to long-term price goals for SOL. First and foremost, we have TP1 around $520, which would indicate a substantial resurgence and bring us back to our prior highs. However, Patel continues. His second goal, TP2, is a jaw-dropping $1,042, which shows a very positive outlook for the future. But getting to such tremendous heights depends on finishing the handle creation properly. In order to build momentum for a strong breakout, this might entail a retreat and more consolidation. #Solana #Sol $SOL

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Cryptocurrency Toncoin Soars to Record High; Will It Climb to $10? The price of Telegram-backed Toncoin (TON), which recently peaked at $8.15 before settling at $7.60, has been making waves in the cryptocurrency market. With technical indicators showing both bearish and bullish indications, investors are on the edge of their seats, trying to figure out whether this is just a temporary fad or the start of a big surge. Cup and Handle Indicators At Takeoff, However, TDS Cautions About Bouncy Riding In terms of TON's short-term prospects, analysts can't agree. In a "sell signal" on the TD Sequential indicator, a crypto specialist pours cold water on the current excitement. There may be a price correction of one to four trading sessions as a result of this. The Fibonacci retracement levels may serve as safety nets for those who are hoping for a decline. These levels provide TON with a cushion for the fall, and they are located at $7.44, $7.29, and maybe even $7.18. Another crypto expert, Clay, has seen a bullish "Cup and Handle" pattern developing in the market. Following a consolidation period, this pattern—which has traditionally been supportive to bulls—suggests that the upswing will continue. The analyst adds weight to his optimistic argument by mentioning that TON has just broken over a significant resistance zone, which is thought to serve as a platform for more advances. In addition to seeing patterns, Clay sets some lofty pricing goals. Clay forecasts that TON will reach a chilly $10.50, with an even loftier goal of $11.60, based on the measured move of the Cup and Handle pattern. When looking at the one-day chart, technical indicators show the same thing. The price has tested the $7.65 level many times and is now encountering resistance there. The magnificent $8.28 could be waiting for TON when it overcomes this obstacle. With the 100-day exponential moving average (EMA) at a supportive $6.01, the bullish argument is further reinforced, providing a safety net in the event of a drop. #Ton #Toncoin #BinanceTournament #TonNetwork

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Ethereum(ETH) Surpasses 3,300 USDT with a Narrowed 4.91% Decrease in 24 Hours

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