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#DOT_UPDATE According to CryptoSlate, Polkadot community members are discussing the feasibility of bridging the network to Cardano. Felix, an agent from the Unifires ecosystem, shared on the Polkadot forum that he is developing a Cardano-Polkadot light client and NFT exchange bridge. He mentioned that the proposal has been submitted to Cardano and plans to submit a similar proposal to OpenGov, Polkadot's decentralized management agency. The overall community response to the proposal is supportive. #BinanceTournament #MtGoxJulyRepayments #CryptoPCEWatch #ETH🔥🔥🔥🔥
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What are the potential price targets for BTC? The potential price targets for Bitcoin (BTC) are based on various analyses and predictions from different sources. Here’s a summary of the potential targets: Short-Term Targets: Analysts predict that if BTC can maintain momentum and break above the $68,500 resistance level, it could aim for $70,000 and potentially $73,0001. However, a breakdown below $66,000 could lead to a further decline. Mid-Term Targets: On-chain analysts have unveiled price targets for BTC, suggesting it could hit six figures in this cycle. Another analyst has kept their $91,500 Bitcoin target despite a hawkish tone from the Federal Reserve. Long-Term Forecasts: Predictions for the year 2024 suggest a minimum price of $84,475.55, an average price of $87,676.23, and a maximum price of $96,546.343. By 2030, the value of BTC may increase by +5% and reach $90,922.914. Market Sentiment: The current market sentiment is bullish, with technical indicators signaling about 86% bullish market sentiment on Bitcoin, while the Fear & Greed Index is displaying a score of 72 (Greed). It’s important to note that these targets are speculative and based on current market analyses. #BTCFOMCWatch #TrendTopic #TopCoinsJune2024 $BTC $ETH $BNB
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Why did all cryptocurrencies drop at the same time? All crypto coins are linked to Bitcoin, or Ethereum. If you look at the graphs of these 2 coins, and see the time stamps when they rise and fall, you'll see they are identical. The altcoins all follow suit with these time stamps. What people don't realize is that the entirety of crypto is controlled by whales (a.k.a The rich). Around 28% of Bitcoin is controlled by 10 people. So when you see a sharp price increase in Bitcoin, every altcoin follows suit. Either a few minutes after the price pump to a few hours (when the price increases more), a big dump happens when the whales sell off the coins they bought initially. It's a rinse and repeat scenario. Another case of price manipulation are the crypto bots, which buy and sell to increase a fake price increase, to get you to buy a specific coin. These are controlled by whales - who tell social media influencers to pump these coins, and eventually you'll learn that the only ones getting rich off crypto are the whales. The only real way to get rich off crypto is to gamble on a coin from the very beginning. The other way is to have insider information when the whales make a massive buy, or do short trades. Every short trade comes with capital gains tax, plus gas fees, and any other fees. Long term holds will always be in control of the whales. #BTC☀ #TredigTopic #TopCoinsJune2024
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If you check out the History Of BTC , You Will find something like this 👇 April 02,2011 - 30 Bearish April 02,2014 - 17 Bearish April 02,2015 - 39 Bearish April 02,2018 - 27 Bearish April 02,2020 - 54 Neutral #Halving! #BTC🔥🔥🔥🔥 #BTChaving2024
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The WIF Coin community raised $670,000 to showcase ads The dogwifhat (WIF Coin) community's "sphere wif hat" plan has successfully raised enough funds, reaching $672,347 of the $650,000 goal. The amount raised will be used for advertising in the new landmark building MSG Sphere (a huge LED venue) in Las Vegas, United States. MSG Sphere is a global venue located in Las Vegas, United States. The most expensive landmark building in Las Vegas history and the world's largest global immersive experience center. A whale traded 21,446 SOL for 1.462 million WIF Coins A whale address recently spent 8,223 SOL (about $1.26 million) to purchase 540,000 WIF, Lookonchain reported. The same address withdrew 13,223 SOL (about $2.02 million) from Kraken yesterday. In the last case, he bought a total of 921,272 WIF Coins at an average price of $2.19. In this context, Lookonchain shared the following: WIF price is up 31% again today and has reached an all-time high! A whale spent 8,223.78 SOL ($1.26 million) to buy 540,837 WIF in a single transaction 4 hours ago! Yesterday, he withdrew 13,223 SOL ($2.02 million) from Kraken and bought a total of 921,272 WIF at an average price of $2.19. #WIFUSDT #pepe #SHIBA✅🚀
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