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Why is BTC Price Falling Today 📉 Bitcoin is struggling just under $65,000, with market sentiment poor despite the Fear and Greed Index being neutral. Bears predict a significant drop, potentially entering a bear market. Why? A Series of Corrections Bitcoin has seen several short-term corrections up to 20%, but the current correction is more prolonged and severe at 27.5% over 140 days. Despite this, Bitcoin remains in a bull market, and exiting now is riskier than staying in. Huge Gains Demanded Longer Correction After a 91% gain in 30 days post-correction, a longer consolidation period is expected. Prolonged consolidation may lead to a higher breakout target. Global Liquidity Cycle Global liquidity is rising as some central banks cut rates. The Federal Reserve signaled a possible rate cut in September. Massive Debts With global debts soaring, especially in the US, another round of fiat currency printing is likely, boosting liquidity. Institutional Interest Institutions recognize Bitcoin's value, with major players like Blackrock buying BTC for corporate clients. Sovereign Interest Sovereign states may follow, buying Bitcoin to secure their place in global finance, triggering a rush among others. Are you still in Bitcoin? #BTC #bitcoin #btc70k
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Another Latest Activity From Web3 Wallet To Make Upto $100 💰 Binance Web3 Wallet's latest Babylon #BTCliquidity pre-staking event is now live, and pSTAKE is the standout project to participate in. The rewards from previous Binance Wallet events have been quite impressive, offering high returns if you regularly participate. For this BTC staking event, there are four projects available, with pSTAKE offering the best cost-effectiveness and being the only one providing token rewards. 💯Event Details: - Time: August 1st, 16:00 - August 7th, 16:00 - Rules: During the event, use Binance Web3 Wallet to deposit at least 0.005 BTC through pSTAKE on the app. 💎Important Points: - Use the address generated in the Binance Wallet. - The pSTAKE staking pool is limited to 50 BTC, so participate early to avoid missing out. 💸Activity Rewards: - Earn enhanced pSats during the SatDrop event. - Binance Wallet will randomly select 500 users to share 100,000 $PSTAKE. - Additional rewards will be provided after the Babylon mainnet launch, expected in August. pSTAKE is well-regarded, with investments from Binance Labs and mentions by Binance Research for its importance in the BTCfI project, potentially becoming the next. ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #AirdropGuide #Web3 #BinanceWeb3Wallet
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Powell's Remarks Shakes Crypto Market Again Federal Reserve Chair Jerome Powell has hinted at a potential rate cut this September during a recent press conference. Powell indicated that the economy is nearing a point where a reduction in the current policy rate could be justified. He emphasized that decisions will be based on broader data trends rather than isolated data points. Although there was some discussion about the possibility of a rate cut as early as July, the Fed opted to postpone the decision until their next meeting, with Powell confirming that the choice was unanimous. The central bank is closely monitoring labor market conditions, noting that current data suggests a stabilizing job market. Powell acknowledged that there was significant debate over the timing of the rate move at the recent meeting. The Fed likely avoided a surprise July rate cut to prevent triggering inflationary pressures. Following Powell's dovish comments, the likelihood of a September rate cut is now at 93.5%. Galaxy Digital CEO Mike Novogratz has highlighted rate cuts as a positive factor for Bitcoin in 2024. While Powell did not dismiss the possibility of multiple rate cuts this year, he also warned that the Fed might maintain current rates throughout the year. Despite the potential for an upcoming rate cut, Bitcoin has fallen below the $65,000 mark. The cryptocurrency is facing renewed selling pressure, exacerbated by Mt. Gox transferring approximately $3.3 billion worth of Bitcoin earlier today. #SEC #JeromePowell
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These Memecoins Are Expected to Skyrocket To Moon This August 🛸 Mog Coin (MOG) Mog Coin shows potential, currently trading between $0.00000136 and $0.00000218. It saw a slight 1.38% increase over the past week and a 10.50% rise over the past month. If it surpasses $0.00000270, it could reach $0.00000351, a 61% jump. Dogwifhat (WIF) Dogwifhat is trading between $2.19 and $2.76, with an 11% drop last week but a 77% rise over six months. Breaking past $3.12 could push it to $3.69, a 30% growth. Dogecoin (DOGE) Dogecoin trades between $0.12 and $0.14. It's balanced with a recent dip of over 3% but a six-month surge of 58%. Key levels are resistance at $0.15 and support at $0.11. Shiba Inu (SHIB) SHIB trades between $0.00001563 and $0.00001814. It dropped by 4-5% recently but surged over 80% in six months. If it breaks resistance at $0.00001949, it could see a 40-60% increase. Brett (BRETT) Brett is trading between $0.11 and $0.14, with a recent 17.97% decline. An RSI of 42.80 and Stochastic value of 39.86 suggest potential growth. Breaking $0.16 could lead to a 14% gain, potentially reaching $0.19, a 36% increase. Husky Inu ($HINU) Husky Inu on Solana raised over $230,000 in its presale, targeting $350,000. It features the Earn App and a DEX, with a deflationary model reducing the token supply. Conclusion August could see memecoins like MOG, WIF, DOGE, SHIB, BRETT, and $HINU rise amid market volatility and unique token developments. Despite their origins, these coins present serious trading opportunities. ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Memecoins #MemeWatch2024
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Ethereum Price Prediction for 2024-2030 - Current ETH Price: $3,171.60 - Potential July 2024 High: $3,730 - 2030 Prediction High: $26,575.21 Market Overview - Market Cap: $381 billion - Trading Volume: $18.7 billion - Circulating Supply: 120.25 million ETH - All-time High: $4,891.70 (Nov 2021) - All-time Low: $0.42 (Oct 2015) Short-Term Forecast for August 2024 - ETH may test $4,094.75 if bullish trends continue. - If bearish, ETH could fall to $3,272.50. 2024 Prediction - ETH could reach up to $10,000 if bullish trends and market conditions favor Ethereum. Long-Term Forecast (2025-2030) - 2025 High: $14,925 - 2030 High: $56,575.2 Factors Influencing ETH Price - Successful transition to Proof of Stake (PoS) - Upgrades like Danksharding - Increased adoption and demand Key Questions 1. What is Ethereum 2.0? - An upgrade aimed at improving efficiency, scalability, and speed. 2. What is the Shanghai Hard Fork? - Allows staked ether withdrawals. 3. What is gas? - A measure of work required to process transactions. Historical Perspective - Investing $100 in Ethereum in 2020 would be worth $2,766.71 today. Conclusion - Ethereum's price could see significant gains, with a potential high of $10,000 by the end of 2024 and $56,575.21 by 2030. ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #ETF #ETHETFsApproved #EtheruemETF
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イーサリアム(ETH)が24時間で6.27%下落し、3,100 USDTを下回る
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モンテネグロ裁判所、ド・クォン氏の韓国への引き渡し決定を支持
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BNBは24時間で4.77%下落し、560 USDTを下回る
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テラブロックチェーンが400万ドルの攻撃を受け、セキュリティ対策を実施
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