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Stalled USDT Liquidity Threatens Bitcoin Price Further Growth – Here’s Why The price of Bitcoin has maintained a recovery trajectory over the last week, gaining by a significant 16.25% to move briefly above the $67,000 price mark. Bitcoin investors are likely hopeful the asset will record more price gains and finally embark on a bull run following the halving event in April. However, Bitcoin’s price future gains are theorized to be tied to multiple factors including the liquidity of the stablecoin market. Why A Stagant USDT Liquidity Is Harmful To Bitcoin? In an X post on Friday, prominent on-chain analytics platform CryptoQuant emphasized the importance of stablecoin liquidity to an appreciation in Bitcoin’s price. CryptoQuant stated that for premier cryptocurrency to experience further price increases. #BTC #ETH_ETF_Approval_23July #BinanceHODLerBANANA #ETF #Bitcoin $BTC $ETH $BNB
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Altcoin Analyst Labels Cardano, XRP, Worldcoin as Bad Tokens Analyst Ran Neuner labels Cardano, XRP, Worldcoin, and more as “bad tokens” with poor long-term utility. Neuner criticizes ADA’s user unfriendliness, XRP’s unstable growth, and Worldcoin’s circulating supply. Altcoins like Litecoin, Algorand, IOTA, AXS, and SAND also face scrutiny for declining relevance and utility. Ran Neuner, a prominent altcoin analyst, has urged his followers to purge their portfolios of certain unworthy altcoins he dubbed “bad tokens.” Neuner believes that the market will enter a parabolic bull run in the next 60 days, and these altcoins might not have the best price performance. This list notably includes Cardano (ADA), XRP, and Worldcoin (WLD), among others. #WLD #ADA #XRP #IOTA #EthereumETF $WLD $ADA $XRP
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TRON’s Rise to Crypto Fame: Becoming the Go-To Network for USDT TRON network has emerged as one such pivotal player, particularly in facilitating the expansive adoption of Tether (USDT), the most widely utilized stablecoin. This analysis delves into the role of TRON as a fundamental infrastructure in the crypto ecosystem and its pivotal role in enhancing USDT’s usability and reach. The TRON network has witnessed remarkable growth since its inception, evolving into a crucial hub for blockchain transactions. CryptoQuant‘s latest insights reveal that TRON’s integration with USDT has catapulted it to the forefront of blockchain transactions involving this popular stablecoin. #Tron #TRX #USDT #EthereumETF $TRX $USDT $BTC
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Confirmed: Spot Ethereum ETF Launching Next Week Spot Ethereum ETFs finally ready to hit market Chicago Board Options Exchange (CBOE) has confirmed that five spot Ethereum ETFs are going live by July 23. The stock exchange updated its platform to show some new listings scheduled for July 23. Notably, Ethereum ETFs from Fidelity, Invesco Galaxy, Franklin Templeton, VanEck and 21Shares were on it. Such a listing from the platform where many of these proposed Ethereum ETFs will trade is a huge morale boost for expectant investors. #EthereumETF #ETH #ETF #Atcoins $ETH $BTC $XRP
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AI predicts Ethereum price for August 1 amid ETF launch expectations Ethereum (ETH) is currently showing signs of recovery after a recent sell-off phase. This has led to a notable rebound, suggesting the potential for a continued uptrend. The launch of five spot Ethereum exchange-traded funds (ETFs) on the Chicago Board Options Exchange (CBOE) marks a significant milestone for the cryptocurrency market. These five spot Ethereum ETF products, including 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF, will begin trading on July 23. This launch has generated considerable excitement among investors, as industry experts predict significant price movements for Ethereum driven by the influx of both institutional and retail capital. #EthereumETF #Binance #ETH_ETF_Approval_23July #BinanceHODLerBANANA #Bitcoin $ETH $BTC $SOL
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