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🧙‍♂️ Ethena's USDe stablecoin reached a $3 billion supply. According to Token Terminal, Ethena Labs (#ENA ) could generate $222 million in revenue in the next 12 months. $BTC $BNB

🧙‍♂️ Ethena's USDe stablecoin reached a $3 billion supply.

According to Token Terminal, Ethena Labs (#ENA ) could generate $222 million in revenue in the next 12 months.

$BTC $BNB

Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін. Шарттар мен талаптарды қараңыз.
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Bitcoin exchange reserves are at five-year low! What does it mean? The amount of Bitcoin held on exchanges fell below 2.3 million BTC, falling to its lowest level since March 2018. This decline was associated with significant outflows from major exchanges such as Binance and Coinbase, revealing that investors are placing greater emphasis on long-term investing. In the last year, it has been seen that a large amount of #BTC has been withdrawn from the Binance exchange, which has the largest Bitcoin reserves. Likewise, Coinbase also experienced significant outflows in 2024. Approximately 16 thousand BTC was transferred out of the US-based exchange in just one day. This trend is becoming more evident as large Bitcoin holders, or “whales,” transfer their assets to private wallets. This movement indicates that whales are moving in anticipation of future price increases. Bitcoin is currently trading at $67,731 on the 4-hour chart. The pivot point at $68,000 indicates that #BTC will remain in a downtrend as long as it remains below this figure. While the levels of 69 thousand, 70 thousand 600 and 71 thousand dollars appear as short-term resistances, the closest supports are at 66 thousand 650 and 65 thousand 950 dollars. The relative strength index RSI is at neutral point with 46.62 points. Bitcoin is changing hands just below its 50-period exponential moving average at $68,000. While the upward trend line supports Bitcoin around $66,650, a double bottom formation is also evident. Generally, this pattern indicates that #Bitcoin may initiate an upward move from its current level. $BTC $ETH
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New Bitcoin Step Came from Donald Trump: A First in History. Former President Donald #Trump became the first American leader to accept Bitcoin Lightning Network payments for campaign donations. The Trump campaign partnered with #OpenNode , a leading Bitcoin and Lightning Network infrastructure provider, to make these donations. Trump supporters can now contribute to Trump's 2024 presidential campaign using Bitcoin via the Lightning Network, a technology designed to enable fast and low-cost transactions. “OpenNode is proud to partner with Anedot to incorporate Bitcoin into the political donation process,” OpenNode said in a statement to #Bitcoin Magazine. “This is the perfect combination of OpenNode's leading Bitcoin technology stack and Anedot's robust platform for political and non-profit organizations. “The #Trump campaign's adoption of our solution is a powerful testament to how political campaigns and nonprofits across the country can seamlessly accept Bitcoin donations.” In his speech at the Libertarian Party convention last weekend, #Trump emphasized his commitment to creating a Bitcoin-friendly environment in the US, declaring that “the future of crypto and Bitcoin will be produced in the US” and promising to “support the right of self-custody for the nation's 50 million crypto holders.” gave. $BTC $ETH $BNB
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Bitcoin exchange reserves are at five-year low! What does it mean? The amount of #Bitcoin held on exchanges fell below 2.3 million BTC, falling to its lowest level since March 2018. This decline was associated with significant outflows from major exchanges such as Binance and Coinbase, revealing that investors are placing greater emphasis on long-term investing. In the last year, it has been seen that a large amount of #BTC has been withdrawn from the Binance exchange, which has the largest Bitcoin reserves. Likewise, Coinbase also experienced significant outflows in 2024. Approximately 16 thousand BTC was transferred out of the US-based exchange in just one day. This trend is becoming more evident as large Bitcoin holders, or “whales,” transfer their assets to private wallets. This movement indicates that whales are moving in anticipation of future price increases. Bitcoin is currently trading at $67,731 on the 4-hour chart. The pivot point at $68,000 indicates that #BTC will remain in a downtrend as long as it remains below this figure. While the levels of 69 thousand, 70 thousand 600 and 71 thousand dollars appear as short-term resistances, the closest supports are at 66 thousand 650 and 65 thousand 950 dollars. The relative strength index RSI is at neutral point with 46.62 points. Bitcoin is changing hands just below its 50-period exponential moving average at $68,000. While the upward trend line supports #Bitcoin around $66,650, a double bottom formation is also evident. Generally, this pattern indicates that Bitcoin may initiate an upward move from its current level. $BTC $ETH $BNB
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This Development in Ethereum May Create New ATH Levels: Here are the Details. Important developments continue to occur in the crypto market. Ethereum price is up nearly 67% so far in 2024 and could continue its upward moves in June based on a mix of on-chain, fundamental and technical indicators. As of June 1, the breaking phase of the falling wedge formation, which dominates the daily chart of Ethereum, was on the agenda. Falling wedge; It stands out as a bullish reversal formation characterized by two descending, converging trend lines. As a rule of technical analysis, this formation resolves when the price breaks above the upper trend line and rises by the maximum height of the wedge. A Prize Pool Worth 21 Million TL is Awaiting You from #BinanceTR ! Participating and winning has never been easier. Sign up to BinanceTR from this link and get your first crypto! On May 20, the price of Ethereum broke above the upper trend line of the wedge along with an increase in trading volumes, confirming the formation's tendency to reach its upside target at approximately $4,255 by the end of June, up 12.65% from current price levels. Interestingly, the ongoing breakout appears to be part of a bull flag pattern characterized by two parallel downward sloping trend lines. As a rule of technical analysis, bull flags resolve when the price breaks above the upper trend line and rises by the height of the previous uptrend. This suggests that Ethereum could rise to $6,000 by the end of June or early July. Ethereum's potential to reach $4,000 is getting stronger from the richest whale cohort. According to Blockchain data analysis platform Santiment, the Ethereum supply held by organizations with a balance of 10 million - 100 million #Ethereum has increased by approximately 0.5% since May 20, when the US Securities and Exchange Commission (SEC) rumors emerged. Reconsideration of spot #Ethereum ETF rejection has begun. $BTC $ETH
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This Crypto Project Was Hacked, Hackers Converted What They Stolen into Ethereum (ETH)! Hackers continue to corner crypto projects. The steps taken by hackers negatively affect many investors. According to recent information, Velacore, a decentralized exchange based on zkSync and Linea, has become the target of hackers. With the latest attack, it was determined that hackers stole nearly 7 million dollars of funds. Before long, hackers managed to hide these funds via #Ethereum (ETH) and Tornado Cash. Ember, a successful on-chain data provider, shared the following information about the steps taken by hackers: It was learned that DEX Velocore deployed on zkSync and Linea was attacked 4 hours ago and all users' LPs were stolen. The hackers converted all stolen assets into ETH and then transferred the ETH to the Ethereum mainnet via a cross-chain bridge. Currently, the hacker has transferred all #ETH amounting to 1,807 ETH units (worth $6.88 million) to address 0xe40…2b3. Hackers managed to launder 1,807 #ETH ($6.88 million) via Tornado in the last 45 minutes. It is estimated that hackers will sell the ETHs worth an average of $7 million in the coming period. $BTC $ETH
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