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Russia will begin conducting international transactions using cryptocurrencies from next week, following new legislation aimed at bypassing Western sanctions. This move allows Russian businesses to use cryptocurrencies like Bitcoin for cross-border trade, while the Central Bank will oversee these transactions. Although this strategy aims to enhance Russia's financial autonomy and trade capabilities, challenges remain due to the volatility of cryptocurrencies and the reliance of many trading partners on traditional currencies. The new law, effective from September 1, 2024, is a significant shift in Russia's financial strategy amid ongoing economic pressures. #Russia #bitcoin☀️ #Regulation #RussianRegulations #RussiaCrypto
Russia will begin conducting international transactions using cryptocurrencies from next week, following new legislation aimed at bypassing Western sanctions. This move allows Russian businesses to use cryptocurrencies like Bitcoin for cross-border trade, while the Central Bank will oversee these transactions. Although this strategy aims to enhance Russia's financial autonomy and trade capabilities, challenges remain due to the volatility of cryptocurrencies and the reliance of many trading partners on traditional currencies. The new law, effective from September 1, 2024, is a significant shift in Russia's financial strategy amid ongoing economic pressures.
#Russia #bitcoin☀️ #Regulation #RussianRegulations #RussiaCrypto
#BANANA This is a great time to buy in SPOT and hold this coin for the upcoming Bull Run, will do DCA if it gives opportunity. #BR_2024 #DYOR Best of Luck...!!
#BANANA
This is a great time to buy in SPOT and hold this coin for the upcoming Bull Run, will do DCA if it gives opportunity.
#BR_2024 #DYOR

Best of Luck...!!
#AMB This is a great time to buy in SPOT and hold this coin for the upcoming Bull Run, will do DCA if it gives opportunity. #BR_2024 #DYOR Best of Luck...!!
#AMB
This is a great time to buy in SPOT and hold this coin for the upcoming Bull Run, will do DCA if it gives opportunity.
#BR_2024 #DYOR

Best of Luck...!!
#SYN This is a great time to buy in SPOT and hold this coin for the upcoming Bull Run, will do DCA if it gives opportunity. #BR_2024 #DYOR Best of Luck...!!
#SYN
This is a great time to buy in SPOT and hold this coin for the upcoming Bull Run, will do DCA if it gives opportunity.
#BR_2024 #DYOR

Best of Luck...!!
Daily Bitcoin & Market Update - Price: $60,700  - Support Levels: 200-day BPRO at $64,000, 200-day SMA at $62,000  - RSI: 48 (Moderate buying interest)  - Momentum & Volatility: 50-day momentum at 46, ATR at 3200, 50-day volatility at 2380  - Sentiment: Bearish on 12H and 4H charts. CTF Trailer resistance at $61,100; HTF Trailer support at $54,472  - Trading Range: High Band $61.9k-$63.7k, Low Band $53.3k-$57.1k  - Fear & Greed Index: 40 (Fear)  - Mining Costs: $82,443; Mining cost-to-price ratio 1.34  - NUPL: 0.485 (Potential selling pressure)  - MVRV Z-Score: 1.68 (Moderately overvalued)  - Seasonality (Aug 1-Sep 1): -30.03% annualized return, 35.71% profitable trades Mixed signals suggest potential stabilization, but caution due to bearish sentiment and market fear. Best of Luck...!! #bitcoin☀️ #Bitcoin❗ #BTC☀ #BTC500K #btcpizza $BTC {spot}(BTCUSDT)
Daily Bitcoin & Market Update

- Price: $60,700 
- Support Levels: 200-day BPRO at $64,000, 200-day SMA at $62,000 
- RSI: 48 (Moderate buying interest) 
- Momentum & Volatility: 50-day momentum at 46, ATR at 3200, 50-day volatility at 2380 
- Sentiment: Bearish on 12H and 4H charts. CTF Trailer resistance at $61,100; HTF Trailer support at $54,472 
- Trading Range: High Band $61.9k-$63.7k, Low Band $53.3k-$57.1k 
- Fear & Greed Index: 40 (Fear) 
- Mining Costs: $82,443; Mining cost-to-price ratio 1.34 
- NUPL: 0.485 (Potential selling pressure) 
- MVRV Z-Score: 1.68 (Moderately overvalued) 
- Seasonality (Aug 1-Sep 1): -30.03% annualized return, 35.71% profitable trades

Mixed signals suggest potential stabilization, but caution due to bearish sentiment and market fear.

Best of Luck...!!

#bitcoin☀️ #Bitcoin❗ #BTC☀ #BTC500K #btcpizza
$BTC
Donald Trump has announced a major interview with Elon Musk scheduled for the evening of August 12, 2024. This announcement, made via Trump's Truth Social platform, highlights the interview's significance amid the U.S. presidential election cycle, where Trump is a key Republican candidate. The discussion is expected to draw considerable attention, given Musk's influential role in technology and media. Details on the interview's format and topics are yet to be disclosed, but it will likely cover pressing election issues and possibly Musk's own political activities. #TrumpCryptoSupport #donaldtrump #ElonMuskUpdates #ElonMusk's #BitcoinToTheMoon $BTC $ETH $BNB
Donald Trump has announced a major interview with Elon Musk scheduled for the evening of August 12, 2024. This announcement, made via Trump's Truth Social platform, highlights the interview's significance amid the U.S. presidential election cycle, where Trump is a key Republican candidate. The discussion is expected to draw considerable attention, given Musk's influential role in technology and media. Details on the interview's format and topics are yet to be disclosed, but it will likely cover pressing election issues and possibly Musk's own political activities.
#TrumpCryptoSupport #donaldtrump #ElonMuskUpdates #ElonMusk's #BitcoinToTheMoon
$BTC $ETH $BNB
Metaplanet, a Japanese investment firm, plans to raise ¥10.08 billion (about $70 million) through stock acquisition rights to increase its Bitcoin holdings. This marks a strategic shift from the hotel industry to cryptocurrency investments, aiming to hedge against currency depreciation and economic instability. The initiative reflects growing interest in digital currencies in Japan. Metaplanet currently holds approximately 246 BTC, valued at $13.4 million. #Japan #JapanCrypto #JapanEconomy #JapanStockMarket #BTCMarketPanic $BTC $ETH $BNB
Metaplanet, a Japanese investment firm, plans to raise ¥10.08 billion (about $70 million) through stock acquisition rights to increase its Bitcoin holdings. This marks a strategic shift from the hotel industry to cryptocurrency investments, aiming to hedge against currency depreciation and economic instability. The initiative reflects growing interest in digital currencies in Japan. Metaplanet currently holds approximately 246 BTC, valued at $13.4 million.
#Japan #JapanCrypto #JapanEconomy #JapanStockMarket #BTCMarketPanic $BTC $ETH $BNB
"After checking charts this morning I can confidently say that… I have no clue." The sentiment is optimistic despite challenges: - The Bitcoin Halving event has occurred, but significant growth hasn't followed yet. - Miners' breakeven zone is estimated to be in the $50,000 - $60,000 range. - Major assets and indexes are still above crucial support levels, maintaining an uptrend. Despite triggering many stop losses and resulting in losses for traders, including the author, the message emphasizes staying strong and positive. Challenges are part of trading, but those who endure will ultimately be rewarded. Best of Luck...!! #BTC☀ #Bitcoin❗ #bitcoin☀️ #BitcoinNews #CryptoDecision $BTC
"After checking charts this morning I can confidently say that… I have no clue." The sentiment is optimistic despite challenges:

- The Bitcoin Halving event has occurred, but significant growth hasn't followed yet.
- Miners' breakeven zone is estimated to be in the $50,000 - $60,000 range.
- Major assets and indexes are still above crucial support levels, maintaining an uptrend.

Despite triggering many stop losses and resulting in losses for traders, including the author, the message emphasizes staying strong and positive. Challenges are part of trading, but those who endure will ultimately be rewarded.

Best of Luck...!!

#BTC☀ #Bitcoin❗ #bitcoin☀️ #BitcoinNews #CryptoDecision
$BTC
Bitcoin has left a notable CME gap above the current price level, suggesting confidence that the price will eventually rise to "close" this gap. A CME gap occurs when the price of Bitcoin on the Chicago Mercantile Exchange (CME) closes at one price and then reopens at a different price, creating a gap on the chart. 90% of CME Gaps are filled sooner or later. #CMEGap #CME #CMEBitcoinSpotTrading #CME.Bitcoin #CMEGaps $BTC
Bitcoin has left a notable CME gap above the current price level, suggesting confidence that the price will eventually rise to "close" this gap.

A CME gap occurs when the price of Bitcoin on the Chicago Mercantile Exchange (CME) closes at one price and then reopens at a different price, creating a gap on the chart.

90% of CME Gaps are filled sooner or later.

#CMEGap #CME #CMEBitcoinSpotTrading #CME.Bitcoin #CMEGaps
$BTC
The recent market moves were triggered by the Bank of Japan raising interest rates to 0.25% for the first time in decades. This change has significant implications: - Many funds had borrowed money in Japan at very low or zero interest rates to invest in bonds, stocks, and cryptocurrencies. - With the rate hike, the cost of borrowing has increased, making this strategy unprofitable. - Consequently, these funds and individuals are selling off their investments to repay their debt. The immediate impacts include: - US bonds falling - The US dollar declining - Stocks dropping - Cryptocurrencies losing value - The Japanese Yen appreciating #BTCMarketPanic #RecessionOrDip? #MarketDownturn #Babylon_Mainnet_Launch #BinanceHODLerBANANA
The recent market moves were triggered by the Bank of Japan raising interest rates to 0.25% for the first time in decades. This change has significant implications:

- Many funds had borrowed money in Japan at very low or zero interest rates to invest in bonds, stocks, and cryptocurrencies.
- With the rate hike, the cost of borrowing has increased, making this strategy unprofitable.
- Consequently, these funds and individuals are selling off their investments to repay their debt.

The immediate impacts include:
- US bonds falling
- The US dollar declining
- Stocks dropping
- Cryptocurrencies losing value
- The Japanese Yen appreciating
#BTCMarketPanic #RecessionOrDip? #MarketDownturn #Babylon_Mainnet_Launch #BinanceHODLerBANANA
Technically Bitcoin on radar for SPOT buying only, from the mentioned support zones. Support Levels :- 52,208 48,357 46,124 43,197 Note :- Keep an eye on the FUDs in the market. If FUDs remain the same, then for now the safe investment will be GOLD. Best of Luck...!! #BTC☀ #crashed #DipBuying #MarketDump #Marketdown $BTC $ETH $BNB
Technically Bitcoin on radar for SPOT buying only, from the mentioned support zones.

Support Levels :-
52,208
48,357
46,124
43,197

Note :-
Keep an eye on the FUDs in the market. If FUDs remain the same, then for now the safe investment will be GOLD.

Best of Luck...!!
#BTC☀ #crashed #DipBuying #MarketDump #Marketdown $BTC $ETH $BNB
Justin Sun, founder of Tron, has experienced significant financial losses due to a market downturn, notably losing around $66 million after Ethereum's price fell by over 10%. This loss followed a previous profit of $58 million from Ethereum. The market's volatility has led to widespread liquidations, including Sun's, raising concerns about his financial strategies. He recently transferred $21 million worth of various cryptocurrencies to Binance, prompting speculation about his intentions and potential impact on the market. Sun's actions reflect the challenges faced by investors in the volatile cryptocurrency space. #justinsun #Liquidated #crash #Ethereum2 #ETH🔥🔥🔥🔥 $ETH {future}(ETHUSDT)
Justin Sun, founder of Tron, has experienced significant financial losses due to a market downturn, notably losing around $66 million after Ethereum's price fell by over 10%. This loss followed a previous profit of $58 million from Ethereum. The market's volatility has led to widespread liquidations, including Sun's, raising concerns about his financial strategies. He recently transferred $21 million worth of various cryptocurrencies to Binance, prompting speculation about his intentions and potential impact on the market. Sun's actions reflect the challenges faced by investors in the volatile cryptocurrency space.
#justinsun #Liquidated #crash #Ethereum2 #ETH🔥🔥🔥🔥
$ETH
Crypto market crashed, because of the following reasons 1. Iran vs Israel war 2. All markets down because of fear of Global Recession in 2025. 3. Genesis Global moved $1.5 billion in Bitcoin and Ethereum to repay creditors after its bankruptcy. The transfer involved over 16,000 BTC and 166,000 ETH, causing Bitcoin's price to drop by 2.2%. Note :- Don't to be worry at all, just avoid future trades at the moment and focus on SPOT buying of Ethereum and Bitcoin. Nothing else. Additionally :- You peoples were already updated by the PA of BTC, as Bitcoin rejected from resistance. Best of Luck...!! #bitcoin #bitcoin2024 #btc #BtcNews #crashmarket $BTC $ETH
Crypto market crashed, because of the following reasons

1. Iran vs Israel war
2. All markets down because of fear of Global Recession in 2025.
3. Genesis Global moved $1.5 billion in Bitcoin and Ethereum to repay creditors after its bankruptcy. The transfer involved over 16,000 BTC and 166,000 ETH, causing Bitcoin's price to drop by 2.2%.

Note :-
Don't to be worry at all, just avoid future trades at the moment and focus on SPOT buying of Ethereum and Bitcoin. Nothing else.

Additionally :-
You peoples were already updated by the PA of BTC, as Bitcoin rejected from resistance.

Best of Luck...!!

#bitcoin #bitcoin2024 #btc #BtcNews #crashmarket $BTC $ETH
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