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The Investor, Who Knows That Bitcoin Will Rise to 60 Thousand Dollars in 2024, Shared His New BTC Prediction! Nigel Green, CEO of the UK-based giant financial company deVere Group, stated that the demand for the leading cryptocurrency Bitcoin (BTC) will continue to increase in the coming months and the BTC price will reach $ 100,000 by the end of the year. Nigel Green stated that the maximum Bitcoin supply is at the limit of 21 million BTC and that Bitcoin is currently the best investment. Successful businessman Green, who recently made a statement, said the following about Bitcoin: “Bitcoin is probably the best asset right now in terms of growth potential for the rest of the year. It costs $60,000 but many expect #BTC to reach $100,000 by the end of the year. Is this possible? This is quite possible since the number of Bitcoins is limited. So if the demand for BTC increases, the price will also increase. “Bitcoin is definitely not the same as US dollars that the Fed can print every day.” The successful investor also stated that the election of Donald Trump as the President of the United States could benefit Bitcoin; #Trump has repeatedly made statements supporting the leading cryptocurrency and other digital assets recently. It should not be forgotten that Nigel Green, CEO of the financial company deVere Group, predicted that Bitcoin would quickly rise to $60,000 at the beginning of the year, and he was successful in his prediction.
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Saying “2024 will make history”, Telegram CEO announced his plans for crypto Claiming that 2024 will go down in history as a year when hundreds of millions of people will be familiar with blockchain technology, Telegram CEO Pavel Durov talked about his short-term plans for crypto. Pavel Durov, CEO of Telegram, one of the most used messaging applications, announced his near-term plans for crypto. In his statement on his Telegram channel, Durov said, “2024 will go down in history as a year when hundreds of millions of people became familiar with blockchain technology. “We are proud that Telegram is at the epicenter of this social transformation.” said. Durov then stated that they wanted to continue this enthusiasm and announced that this month they will launch a mini application store that will also host crypto applications, as well as an in-app browser that will support Web3-based websites. Telegram CEO also emphasized that they will take more precautions against scammers targeting new entrants to the crypto world. “Soon Telegram will start showing the month and country of registration for public accounts,” Durov said. “We will also create a decentralized marketplace for the third-party verification system.” he said. Finally, Durov said, “Telegram users will be more informed about the opportunities and dangers of this new world thanks to greater transparency and decentralization.” said. Telegram, especially after the launch of the TON blockchain, has also become a hub for clicker games such as Hamster Kombat, Tapswap and Notcoin, each of which is a mini-app. These applications make money with simple games that users play by touching the screens of their smartphones. Hamster Kombat, which has reached great popularity recently, has more than 250 million players.
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Spot Bitcoin ETFs in the USA Reached $17 Billion in Six Months with the Influence of BlackRock and Fidelity. The performance of spot Bitcoin ETFs in the United States has been outstanding. As of July 19, they have achieved a net inflow of over 17 billion dollars since the beginning of the year. Although these products launched just six months ago, they are rewriting the story with unprecedented growth and investor interest in the ETF space. Many institutional giants such as BlackRock and Fidelity played a critical role in achieving these impressive figures. BlackRock's Bitcoin ETF IBIT recently led the way with nearly $1.2 billion in trading volume, while Fidelity's FBTC reached daily trading volume of over $410 million. These figures highlight the huge confidence and investment institutional players have in the Bitcoin ETF market. Bloomberg senior ETF analyst Eric Balchunas emphasized the importance of this success, noting that the increase in net inflows was independent of the price increase, which translates into pure demand and adoption. For example, BlackRock's IBIT grew to over $18.5 billion in total assets under management (AUM) following a $260 million inflow, which equated to 4,005 BTC purchased in a single day. Fidelity's Bitcoin ETF, FBTC, is also making significant progress. On the last trading day, FBTC recorded inflows of $141 million compared to BlackRock's $116 million. As a result, Fidelity's FBTC is about to surpass the $10 billion mark in net AUM, reaching $9.962 billion by the end of the week. This growth story reflects a dynamic and competitive environment among top financial institutions. As a result, the remarkable performance of spot Bitcoin ETFs in the United States highlights a significant shift in investment patterns, and with strong institutional support and impressive net inflows, these products continue to attract significant interest, setting the stage for future expansion and integration into mainstream financial markets. is preparing. This offers investors a promising outlook for the future of Bitcoin investments.
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Dogecoin Leads the Way: Performance Analysis of the Best Dog-Themed Meme Coins of 2024. The first half of 2024 has witnessed a spectacular rise in value and attention for dog-themed meme coins. Both Dogecoin (DOGE) and Shiba Inu (SHIB) have frequently made headlines for their large and rapid price increases. These coins have formed large communities, proving that meme coins are an important segment in the cryptocurrency market rather than a temporary trend. The primary reason for the success of Dogecoin and Shiba Inu is their strong and loyal communities. Support from influential figures such as Elon Musk has also played a critical role in Dogecoin's continued popularity. For example, Tesla accepting DOGE as a payment option led to a significant increase in its price. Shiba Inu, on the other hand, has made significant progress with the Shibarium layer-2 scaling solution, which aims to reduce transaction costs and increase transaction speed. These developments contribute to the strong market presence of these cryptocurrencies. Although #DOGE and #SHIB are still dominant, other meme coins such as Floki Inu (#FLOKI ) and dogwifhat (WIF) are also on the rise. Floki Inu's rise can be attributed to its active community and innovative projects. It currently stands as the fifth largest dog-themed meme coin and has a market cap of approximately $1.8 billion. Floki Inu's latest successes, which reached a record high last month, signal potential growth. Dogwifhat (#WIF ) has shown impressive growth as the largest meme coin on the Solana network. This can be attributed to strong investor interest and support from leading cryptocurrency exchanges such as Binance, Bybit and Kraken. The fact that major platforms allow WIF trading has increased the expectation of continued rise for this meme coin. The coming months will be critical in determining whether WIF can maintain its positive momentum and drive greater market adoption.
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Ethereum Ready to Take Flight: Analysts Expect Big Gains with Upcoming Ethereum Spot ETFs. Both Bitcoin and Ethereum are experiencing notable price increases and are solidifying their positions as dominant assets in the cryptocurrency world. Investor interest has increased as the market awaits approval of Ethereum ETFs, which could fuel possible growth. After the excitement around #Bitcoin ETFs, attention shifted to #Ethereum ETFs. Bloomberg research analyst James Seyffart predicts that nine Ethereum ETFs could launch next week. Although there is a positive sentiment in the overall market, Bitcoin has significant resistance levels to overcome. This market movement also carries potential benefits for various altcoins. US Bitcoin ETFs have experienced significant net inflows and achieved remarkable trading volumes over the last ten days. For example, BlackRock reported investments of more than $340 million within the first hour of trading. Ernst & Young Global Blockchain Leader Paul Brody describes Bitcoin as digital gold and states that it provides a protection against inflation, while Ethereum is superior as a smart contract platform. According to analysts, the anticipated launch of Ethereum Spot ETFs could attract up to $5.4 billion to the market in the first six months. This figure accounts for approximately 30-35% of the inflows seen in Bitcoin ETFs. The transition to proof-of-stake mechanism with Ethereum 2.0 aims to increase scalability, security and energy efficiency, which reinforces investor confidence. Chainlink started offering services to financial institutions to bridge the gap between traditional finance and the crypto world. Despite the bearish trend, LINK is up 44% in 2024 and is trading above $20. Similarly, the potential approval of Solana Spot ETFs has positively impacted Solana's price and could attract more institutional investors. Currently, Solana is trading above the 100 hourly simple moving average at $158.
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