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Binance Alert: 32 Coins Under Scrutiny
Binance has flagged 32 coins with a "Monitoring Tag," indicating higher risk and potential delisting.
The flagged coins include: $EPX, $SNT, $FTT , $GFT,
$LINA , $SUN, $ZEC, $MBL, $LOOM, $HARD, $BETA, $IRIS, $WRX, $BAL, $REN, $UNFI, $KP3R, $FIRO, $ARK, $CREAM, $JASMY, $ELF, $OAX, $CTXC , $AKRO, $VGX, $OOKI, $CVP, $AMB, $FOR, $REEF, and $CVX 🔍
Why should you care?
1. Heightened Volatility: Be cautious of potential price swings 📈.
2. Possible Delisting: Delisting could affect your ability to trade on Binance 🚫.
3. Portfolio Check: Reassess your portfolio to manage risk effectively 📊.
If you're holding or trading these assets, stay alert and informed! 📊
Stay updated and trade wisely!
$FTT $LINA $CTXC
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
Binance has flagged 32 coins with a "Monitoring Tag," indicating higher risk and potential delisting.
The flagged coins include: $EPX, $SNT, $FTT , $GFT,
$LINA , $SUN, $ZEC, $MBL, $LOOM, $HARD, $BETA, $IRIS, $WRX, $BAL, $REN, $UNFI, $KP3R, $FIRO, $ARK, $CREAM, $JASMY, $ELF, $OAX, $CTXC , $AKRO, $VGX, $OOKI, $CVP, $AMB, $FOR, $REEF, and $CVX 🔍
Why should you care?
1. Heightened Volatility: Be cautious of potential price swings 📈.
2. Possible Delisting: Delisting could affect your ability to trade on Binance 🚫.
3. Portfolio Check: Reassess your portfolio to manage risk effectively 📊.
If you're holding or trading these assets, stay alert and informed! 📊
Stay updated and trade wisely!
$FTT $LINA $CTXC
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
1. The German Gov't has no Bitcoin left to sell. Mt. Gox Creditors and FTX Creditors are not selling.
2. The Bank of Japan says no more rate hikes.
3. The FED is expected to cut rates in September. Lower rates, more money.
4. Crypto is being used in the election. Trump and Kennedy are pro-crypto. Even Harris is trying to join the party.
5. Crypto is in the Senate. Sen. Lummis proposed a Strategic Bitcoin Reserve bill that aims to raise 1 million Bitcoin within 5 years.
6. States are passing a bill to protect Bitcoin Rights. Oklahoma and Missouri have passed the bill. Ohio, South Carolina, Mississippi, Tennessee and more have proposed the same bill.
7. Institutions are buying Bitcoin. Microstrategy is raising $2 billion to buy more Bitcoin. Metaplanet is raising 10 billion Yen to buy more Bitcoin. Along with these two is Semler Scientific which continuously buys Bitcoin.
8. Bitcoin and Ethereum ETFs. Bitcoin ETF is successful with over $50 billion onchain holdings within 6 months. Ethereum ETF have $6.6 billion onchain holdings within 12 trading days.
9. Institutions are reporting that they hold Bitcoin through Bitcoin ETF shares. There are over 700+ institutions for Q1 2024.
10. Morgan Stanley has its 15,000 financial advisers recommend Bitcoin ETF to its wealthy clients.
$BTC
#CryptoIsFuture
#btc73k
#Doyourownresearch
#Notafinancialadvice
2. The Bank of Japan says no more rate hikes.
3. The FED is expected to cut rates in September. Lower rates, more money.
4. Crypto is being used in the election. Trump and Kennedy are pro-crypto. Even Harris is trying to join the party.
5. Crypto is in the Senate. Sen. Lummis proposed a Strategic Bitcoin Reserve bill that aims to raise 1 million Bitcoin within 5 years.
6. States are passing a bill to protect Bitcoin Rights. Oklahoma and Missouri have passed the bill. Ohio, South Carolina, Mississippi, Tennessee and more have proposed the same bill.
7. Institutions are buying Bitcoin. Microstrategy is raising $2 billion to buy more Bitcoin. Metaplanet is raising 10 billion Yen to buy more Bitcoin. Along with these two is Semler Scientific which continuously buys Bitcoin.
8. Bitcoin and Ethereum ETFs. Bitcoin ETF is successful with over $50 billion onchain holdings within 6 months. Ethereum ETF have $6.6 billion onchain holdings within 12 trading days.
9. Institutions are reporting that they hold Bitcoin through Bitcoin ETF shares. There are over 700+ institutions for Q1 2024.
10. Morgan Stanley has its 15,000 financial advisers recommend Bitcoin ETF to its wealthy clients.
$BTC
#CryptoIsFuture
#btc73k
#Doyourownresearch
#Notafinancialadvice
RUNE/USDT UPDATE:
$RUNE is now trading around 4.6$. $RUNE has broken out of the falling wedge and given a daily close, which is a bullish sign. Now the Possible scenario is According to the pattern, we can see bullish momentum in this and the price can pump 30-40%.
#ETH_ETF_Approval_23July
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
$RUNE is now trading around 4.6$. $RUNE has broken out of the falling wedge and given a daily close, which is a bullish sign. Now the Possible scenario is According to the pattern, we can see bullish momentum in this and the price can pump 30-40%.
#ETH_ETF_Approval_23July
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
$CHR just confirmed the $0.20 support and is on track towards $0.47. Judging by the BTC atmosphere in the market, it looks like we will reach this milestone sooner than we think!We made 240% profit in the past.
$BTC $CHR
#CryptoIsFuture
#ETH_ETF_Approval_23July
#US_Job_Market_Slowdown
#Notafinancialadvice
#Doyourownresearch
$BTC $CHR
#CryptoIsFuture
#ETH_ETF_Approval_23July
#US_Job_Market_Slowdown
#Notafinancialadvice
#Doyourownresearch
🚨 Avoid Being Trapped So Easily🚨
As we have seen, the delisting of POLS, DOCK, BOND, and MDX from Binance is imminent. Despite this, some are questioning whether they should buy these tokens and keep them in a hard wallet. Let me clarify:
🔴 Binance's Influence: Binance is one of the biggest exchanges in the world. If they decide to delist a coin, there is no guarantee that the price will ever return to its original value. While it's not impossible, it's highly unlikely.
🔴 Market Behavior: Upon the delisting announcement, these coins plummeted to all-time lows, only to rise again shortly after. This pump and dump cycle continues, even today, making the market behavior highly unpredictable and risky.
🔴 Risk of Further Delisting: There's also the possibility that other exchanges may follow Binance's lead and delist these coins as well, which would further impact their value and liquidity.
🔴 Better Alternatives: With thousands of better options available, why invest in such volatile coins? There are many more stable and promising projects out there.
🔴 Uncertain Future: Given the volatility and the imminent delisting, it's highly uncertain if these coins will ever reach their current prices again in the next 5 years.
Again, a reminder to traders and investors:
🔴 Stay away from highly volatile coins that are about to be delisted. Even if they surge by more than 100%, they can just as quickly dump back to their starting prices. Investing in such coins can lead to significant losses.
🔴 Invest in projects with strong fundamentals and a stable outlook. Protect your hard-earned money by avoiding traps set by volatile and risky investments.
$MDX $BOND $DOCK
#CryptoIsFuture
#ETH_ETF_Approval_23July
#Notafinancialadvice
#Doyourownresearch
As we have seen, the delisting of POLS, DOCK, BOND, and MDX from Binance is imminent. Despite this, some are questioning whether they should buy these tokens and keep them in a hard wallet. Let me clarify:
🔴 Binance's Influence: Binance is one of the biggest exchanges in the world. If they decide to delist a coin, there is no guarantee that the price will ever return to its original value. While it's not impossible, it's highly unlikely.
🔴 Market Behavior: Upon the delisting announcement, these coins plummeted to all-time lows, only to rise again shortly after. This pump and dump cycle continues, even today, making the market behavior highly unpredictable and risky.
🔴 Risk of Further Delisting: There's also the possibility that other exchanges may follow Binance's lead and delist these coins as well, which would further impact their value and liquidity.
🔴 Better Alternatives: With thousands of better options available, why invest in such volatile coins? There are many more stable and promising projects out there.
🔴 Uncertain Future: Given the volatility and the imminent delisting, it's highly uncertain if these coins will ever reach their current prices again in the next 5 years.
Again, a reminder to traders and investors:
🔴 Stay away from highly volatile coins that are about to be delisted. Even if they surge by more than 100%, they can just as quickly dump back to their starting prices. Investing in such coins can lead to significant losses.
🔴 Invest in projects with strong fundamentals and a stable outlook. Protect your hard-earned money by avoiding traps set by volatile and risky investments.
$MDX $BOND $DOCK
#CryptoIsFuture
#ETH_ETF_Approval_23July
#Notafinancialadvice
#Doyourownresearch
Ripple’s price experienced a strong recovery this week, driven by increased whale activity.
Ripple’s (XRP) price experienced a strong recovery this week, driven by increased whale activity. The XRP token surged to $0.5705 on Tuesday, its highest level since April 12th, marking a 50% increase from its lowest point this month.
Ripple’s performance coincides with significant whale accumulation. Data from Santiment reveals that large XRP wallets bought over $300 million worth of tokens between July 12th and 15th.
🐳 This level of XRP accumulation does appear to have had a positive impact on their +36% surge that ran from July 7th to 13th. Keep an eye on whether these key stakeholders continue accumulating.
Large transactions like these often indicate that insiders are buying ahead of a major event.
This trend is also reflected in technical charts. The accumulation/distribution (A/D) indicator has reached a record high, showing strong accumulation. Additionally, XRP has surpassed key resistance at $0.4845, its lowest swing in January, and has moved above the 200-day and 50-day Exponential Moving Averages (EMA). The Average Directional Index (ADX) is at 34, suggesting strong momentum.
The ADX is a popular trend indicator that determines the strength of a trend. A figure of 25 and above is usually a sign that an asset has a strong momentum.
Ripple rises amid risk-on sentiment
Ripple’s rally occurred in a risk-on market environment. The US dollar index (DXY) has decreased to $104.40 from a year-to-date high of $106.30.
XRP price is overbought. Despite the recent rally, there is a risk that XRP’s price may pull back soon. The Relative Strength Index (RSI) has moved to 72, indicating overbought conditions, and the Stochastic oscillator lines have also reached the overbought level.
$XRP
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
Ripple’s (XRP) price experienced a strong recovery this week, driven by increased whale activity. The XRP token surged to $0.5705 on Tuesday, its highest level since April 12th, marking a 50% increase from its lowest point this month.
Ripple’s performance coincides with significant whale accumulation. Data from Santiment reveals that large XRP wallets bought over $300 million worth of tokens between July 12th and 15th.
🐳 This level of XRP accumulation does appear to have had a positive impact on their +36% surge that ran from July 7th to 13th. Keep an eye on whether these key stakeholders continue accumulating.
Large transactions like these often indicate that insiders are buying ahead of a major event.
This trend is also reflected in technical charts. The accumulation/distribution (A/D) indicator has reached a record high, showing strong accumulation. Additionally, XRP has surpassed key resistance at $0.4845, its lowest swing in January, and has moved above the 200-day and 50-day Exponential Moving Averages (EMA). The Average Directional Index (ADX) is at 34, suggesting strong momentum.
The ADX is a popular trend indicator that determines the strength of a trend. A figure of 25 and above is usually a sign that an asset has a strong momentum.
Ripple rises amid risk-on sentiment
Ripple’s rally occurred in a risk-on market environment. The US dollar index (DXY) has decreased to $104.40 from a year-to-date high of $106.30.
XRP price is overbought. Despite the recent rally, there is a risk that XRP’s price may pull back soon. The Relative Strength Index (RSI) has moved to 72, indicating overbought conditions, and the Stochastic oscillator lines have also reached the overbought level.
$XRP
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
💰 Update: In three hours on July 16, Mt. Gox has moved over 140,000 Bitcoin, worth almost $9 billion, to a known cold wallet and two unknown addresses.
The $BTC price reached almost as high as $65,000 earlier on July 16 but fell to lows of $63,000.
Market sentiment turned bearish as BTC price began to fall an hour before the first Mt. Gox transaction on July 16, only to continue falling as further outflows hit unknown wallets.
$BTC
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
The $BTC price reached almost as high as $65,000 earlier on July 16 but fell to lows of $63,000.
Market sentiment turned bearish as BTC price began to fall an hour before the first Mt. Gox transaction on July 16, only to continue falling as further outflows hit unknown wallets.
$BTC
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
Important Updates:🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨
- Fed Chairman Jerome Powell is set to give a speech on Monday, July 15th at 7 pm.
- Chromia, a blockchain project, is launching its mainnet on July 16th.
- Binance is removing several margin trading pairs on Wednesday, July 17th at 9 am, including ARB/TUSD, APE/ETH, and more.
- The European Region inflation rate will be announced on Wednesday, July 17th at 12 pm, with an expected rate of 2.5%.
- The Fed Beige Book will be published on Wednesday, July 17th at 9 pm.
- The European Central Bank (ECB) will make an interest rate decision on Thursday, July 18th at 3:15 pm.
- US Unemployment Benefit Applications will be announced on Friday, July 18th at 3:30 pm, with no expectation set.
$ETH $CHR
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
- Fed Chairman Jerome Powell is set to give a speech on Monday, July 15th at 7 pm.
- Chromia, a blockchain project, is launching its mainnet on July 16th.
- Binance is removing several margin trading pairs on Wednesday, July 17th at 9 am, including ARB/TUSD, APE/ETH, and more.
- The European Region inflation rate will be announced on Wednesday, July 17th at 12 pm, with an expected rate of 2.5%.
- The Fed Beige Book will be published on Wednesday, July 17th at 9 pm.
- The European Central Bank (ECB) will make an interest rate decision on Thursday, July 18th at 3:15 pm.
- US Unemployment Benefit Applications will be announced on Friday, July 18th at 3:30 pm, with no expectation set.
$ETH $CHR
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
Now is the right time to buy FLM. The jackpot is ready to blow! Hurry up, guys, it will pump up to $0.9000!” buy on spot!!!
$FLM
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
$FLM
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
Several factors are responsible for the recent price declines recorded by Bitcoin ($BTC ) and other established crypto assets. As reported by crypto.news, the German government has been liquidating the over 50,000 BTC confiscated from the illegal online piracy platform Movie2k several years ago. The sell-off commenced on June 19, with a transfer of 1,500 BTC to exchanges such as Coinbase, Bitstamp, and Kraken. Over the past month, the government has sold more than 3,000 BTC, valued at approximately $172 million, in multiple transactions.
The German government still holds 46,356 BTC, which is valued at approximately $2.6 billion at current prices.However, recent reports indicate a temporary halt in the German government’s Bitcoin sales. On-chain analytics reveal no further transfers from the government-linked wallet to exchanges in the past week.At press time, the Bitcoin ($BTC ) price is hovering around the $57,754 region, representing a 5.2% decline this week.
$BTC
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
The German government still holds 46,356 BTC, which is valued at approximately $2.6 billion at current prices.However, recent reports indicate a temporary halt in the German government’s Bitcoin sales. On-chain analytics reveal no further transfers from the government-linked wallet to exchanges in the past week.At press time, the Bitcoin ($BTC ) price is hovering around the $57,754 region, representing a 5.2% decline this week.
$BTC
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
MultiversX ($EGLD ), the native token of the Elrond blockchain, is priced at $33.5, marking a 3.5% rise in the past 24 hours.The token maintains a market capitalization of $921.68 million and a robust daily trading volume of over $45 million.The moving averages still indicate a bullish trend, as both the 50-day and 200-day moving averages have crossed above the current price.
However, the Relative Strength Index (RSI) is overbought, suggesting short-term consolidation or correction potential.
$EGLD
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
However, the Relative Strength Index (RSI) is overbought, suggesting short-term consolidation or correction potential.
$EGLD
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
Mantra ($OM ) is up over 8% in the past 24 hours, amid broader crypto market volatility.
Additionally, the Moving Average Convergence Divergence (MACD) has signaled bullish sentiment as the signal line crosses above the MACD line.
Market sentiment surrounding Mantra remains positive, highlighted by a 7.9% surge in 24-hour trading volume, totaling over $50 million in OM tokens traded. This uptick underscores increasing investor confidence in the project’s growth prospects.
OM’s technical data signals further price increases for the asset in the short term. Projections for 2024 set a price target of around $1.24, with optimistic scenarios suggesting highs up to $1.45.
Mantra’s current market capitalization is $703.4 million, supported by a circulating supply of 831.3 $OM tokens. These figures underscore MANTRA’s robust foundation for sustained growth in the cryptocurrency market.
$OM
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
Additionally, the Moving Average Convergence Divergence (MACD) has signaled bullish sentiment as the signal line crosses above the MACD line.
Market sentiment surrounding Mantra remains positive, highlighted by a 7.9% surge in 24-hour trading volume, totaling over $50 million in OM tokens traded. This uptick underscores increasing investor confidence in the project’s growth prospects.
OM’s technical data signals further price increases for the asset in the short term. Projections for 2024 set a price target of around $1.24, with optimistic scenarios suggesting highs up to $1.45.
Mantra’s current market capitalization is $703.4 million, supported by a circulating supply of 831.3 $OM tokens. These figures underscore MANTRA’s robust foundation for sustained growth in the cryptocurrency market.
$OM
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
$PEPE price has remained in a deep bear market as sentiment in the cryptocurrency industry worsens.
The token has crashed by almost 40% from its highest point in June, bringing its market cap to $4.5 billion, down from the year-to-date high of over $7.1 billion.
Despite prevalent optimism, $PEPE is likely to continue the downward trend in near future.
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
The token has crashed by almost 40% from its highest point in June, bringing its market cap to $4.5 billion, down from the year-to-date high of over $7.1 billion.
Despite prevalent optimism, $PEPE is likely to continue the downward trend in near future.
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
$BONK price has increased by 15% this week and 22% in the past two weeks. This week’s performance makes it the third-highest gainer of the top 10 memecoins, only behind Dogwifhat and Mog Coin. However, looking back over recent months, it’s not been all positive for the Solana-based meme crypto. The project is down 21% this month and 42% from its March all-time high. But with Bonk now displaying relative strength over most of its memecoin peers, industry pundits are bracing for continued gains in the coming weeks.
World of Charts thinks its next leg up is imminent, highlighting that Bonk has recently broken a descending channel. The analysts predict a move toward $0.00004, which could ignite a higher time frame rally beyond its $0.00004704 ATH. $BONK Moving As Expected Running In Almost 18% Profit So Far.
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
World of Charts thinks its next leg up is imminent, highlighting that Bonk has recently broken a descending channel. The analysts predict a move toward $0.00004, which could ignite a higher time frame rally beyond its $0.00004704 ATH. $BONK Moving As Expected Running In Almost 18% Profit So Far.
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
Bolivia has taken a groundbreaking step by legalizing Bitcoin and other cryptocurrencies for transactions, marking a significant shift from its previous stance of strict bans. This move aligns Bolivia with a growing list of countries embracing digital currencies as part of their financial ecosystems. The Bolivian government aims to integrate cryptocurrencies into its economy to enhance financial inclusion and modernize its financial systems.
In contrast, El Salvador stands out as the first country to adopt Bitcoin as legal tender in September 2021. This move mandated the acceptance of Bitcoin for all commercial transactions alongside the US dollar, aiming to boost economic development and financial inclusion in the country.
Honduras has also acknowledged Bitcoin in its special economic zone, Próspera, on the island of Roatan, where it is used as an official unit of account and for tax payments.
In South America, Brazil has been proactive in regulating digital assets, reflecting a broader acceptance within its financial system. The country’s central bank is working on robust regulations to manage the increasing adoption of cryptocurrencies. Brazil’s approach contrasts sharply with Bolivia’s previous outright bans and highlights the diverse regulatory landscapes within the region.
Bolivia’s legalization of Bitcoin represents a significant policy reversal and could potentially influence neighboring countries’ regulatory approaches. As more Latin American countries explore the integration of cryptocurrencies, Bolivia’s decision may pave the way for broader acceptance and innovative financial solutions in the region.
$BTC
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
In contrast, El Salvador stands out as the first country to adopt Bitcoin as legal tender in September 2021. This move mandated the acceptance of Bitcoin for all commercial transactions alongside the US dollar, aiming to boost economic development and financial inclusion in the country.
Honduras has also acknowledged Bitcoin in its special economic zone, Próspera, on the island of Roatan, where it is used as an official unit of account and for tax payments.
In South America, Brazil has been proactive in regulating digital assets, reflecting a broader acceptance within its financial system. The country’s central bank is working on robust regulations to manage the increasing adoption of cryptocurrencies. Brazil’s approach contrasts sharply with Bolivia’s previous outright bans and highlights the diverse regulatory landscapes within the region.
Bolivia’s legalization of Bitcoin represents a significant policy reversal and could potentially influence neighboring countries’ regulatory approaches. As more Latin American countries explore the integration of cryptocurrencies, Bolivia’s decision may pave the way for broader acceptance and innovative financial solutions in the region.
$BTC
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
🚨 🚨 WARNING 🚨🚨
Binance has recently updated its watchlist, denoting a higher probability of delisting for certain coins.
The cryptocurrencies added to this list include $BAL , $CTXC , $CVP, $CVX, $DOCK, $HARD, $IRIS, $MBL, $POLS, $SNT, and $SUN. This move signals increased scrutiny and potential removal from the exchange.
In contrast, Binance has removed $MLN and $ZEN from the watchlist, suggesting a reduction in the risk of these coins being delisted.
This update reflects the dynamic nature of Binance's monitoring and assessment of digital assets.Investors holding any of the newly added watchlist coins should exercise caution and stay informed about the latest developments.
$BAL $CTXC $CVP
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
Binance has recently updated its watchlist, denoting a higher probability of delisting for certain coins.
The cryptocurrencies added to this list include $BAL , $CTXC , $CVP, $CVX, $DOCK, $HARD, $IRIS, $MBL, $POLS, $SNT, and $SUN. This move signals increased scrutiny and potential removal from the exchange.
In contrast, Binance has removed $MLN and $ZEN from the watchlist, suggesting a reduction in the risk of these coins being delisted.
This update reflects the dynamic nature of Binance's monitoring and assessment of digital assets.Investors holding any of the newly added watchlist coins should exercise caution and stay informed about the latest developments.
$BAL $CTXC $CVP
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
Ethereum Name Service (ENS) has surged 30% in the last 24 hours to reach a price point not seen since January 2022.
ENS, a decentralized naming system on the Ethereum blockchain, allows users to acquire human-readable names like “jenny.eth” and link them with various identifiers, including addresses, content hashes, and metadata.
Unlike traditional Domain Name Systems (DNS), ENS domains are managed by smart contracts and a Decentralized Autonomous Organization (DAO), ensuring they are free from centralized control.
Ethereum Name Service is compatible with a wide range of blockchains, including popular ones such as Optimism, Solana, Arbitrum, and Base.
The developers have not yet specified the exact timing of the V2 upgrade, but indications from the roadmap suggest it may take a few months to complete.
Additionally, the Ethereum Name Service price surged on Monday, buoyed by the performance of other cryptocurrencies. Bitcoin, after dipping to $60,000 on June 29, rebounded to $63,500, its highest level in nearly two weeks, triggering a notable rise in the crypto market. Ethereum also rose to over $3,500.
Furthermore, there are signs that the SEC may approve a spot Ethereum ETF this quarter. While the agency has sent back the S1 filings to the issuers, indications point towards a potential approval later this quarter. The ENS token is expected to perform well if this approval occurs.
Market analyst Javon Marks noted that the recent price surge has pushed ENS to new highs, with a target of $76.12. If this trend continues, ENS could potentially increase by another 138%.
Another analyst, Matthew Hyland, is even more optimistic, predicting that ENS could reach $120 if the current upward momentum holds.
$ENS $ETH
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
ENS, a decentralized naming system on the Ethereum blockchain, allows users to acquire human-readable names like “jenny.eth” and link them with various identifiers, including addresses, content hashes, and metadata.
Unlike traditional Domain Name Systems (DNS), ENS domains are managed by smart contracts and a Decentralized Autonomous Organization (DAO), ensuring they are free from centralized control.
Ethereum Name Service is compatible with a wide range of blockchains, including popular ones such as Optimism, Solana, Arbitrum, and Base.
The developers have not yet specified the exact timing of the V2 upgrade, but indications from the roadmap suggest it may take a few months to complete.
Additionally, the Ethereum Name Service price surged on Monday, buoyed by the performance of other cryptocurrencies. Bitcoin, after dipping to $60,000 on June 29, rebounded to $63,500, its highest level in nearly two weeks, triggering a notable rise in the crypto market. Ethereum also rose to over $3,500.
Furthermore, there are signs that the SEC may approve a spot Ethereum ETF this quarter. While the agency has sent back the S1 filings to the issuers, indications point towards a potential approval later this quarter. The ENS token is expected to perform well if this approval occurs.
Market analyst Javon Marks noted that the recent price surge has pushed ENS to new highs, with a target of $76.12. If this trend continues, ENS could potentially increase by another 138%.
Another analyst, Matthew Hyland, is even more optimistic, predicting that ENS could reach $120 if the current upward momentum holds.
$ENS $ETH
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
$BTC price has dropped rapidly and has caused a $300 billion market loss, which caused bitcoin to go below the $4 trillion milestone.
According to US Treasury Secretary and other similar crypto currency could destabilise due to potentially high interest rates in the future. A major player of bitcoin ETF, BlackRock has also raised concerns over unprecedented price drops which are being treated as a warning in the trading world. BlackRock prediction says that central banks are to maintain high interest rates to counter the inflation, affecting the market and prolonging volatility and uncertainty of the market.
Remember, $BTC went from $71,907 on June 7th to around $61,460 now. Traders be careful!
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
According to US Treasury Secretary and other similar crypto currency could destabilise due to potentially high interest rates in the future. A major player of bitcoin ETF, BlackRock has also raised concerns over unprecedented price drops which are being treated as a warning in the trading world. BlackRock prediction says that central banks are to maintain high interest rates to counter the inflation, affecting the market and prolonging volatility and uncertainty of the market.
Remember, $BTC went from $71,907 on June 7th to around $61,460 now. Traders be careful!
#CryptoIsFuture
#Notafinancialadvice
#Doyourownresearch
Why Crypto Market is Crashing continuously?
Are the Governments involved for recent crash crypto market?
Here is the report,
On chain data shows German government has been moving large number of bitcoins to different exchanges including coinbase, kraken and Bitstamp.
In theast 48 hours, the German Government deposited 1700 btc worth of $108 millions and holds a total of over 47000 btc worth of $3 billions. We can see the impact of these transactions on $BTC price.
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
Are the Governments involved for recent crash crypto market?
Here is the report,
On chain data shows German government has been moving large number of bitcoins to different exchanges including coinbase, kraken and Bitstamp.
In theast 48 hours, the German Government deposited 1700 btc worth of $108 millions and holds a total of over 47000 btc worth of $3 billions. We can see the impact of these transactions on $BTC price.
#CryptoIsFuture
#Doyourownresearch
#Notafinancialadvice
$BTC spot ETF had a total net outflow of $106 million on June 21, and continued to have net outflows for 6 consecutive days. Grayscale ETF GBTC had a single-day outflow of $34.2043 million. The current total net asset value of $BTC spot ETF is $55.547 billion.
#CryptoIsFuture
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#Notafinancialadvice
#Doyourownresearch
#CryptoIsFuture
#ETHETFsApproved
#Notafinancialadvice
#Doyourownresearch