Just two hours after BOME opened, a mysterious trader made a lightning move and spent 3,505 SOL (equivalent to an astonishing US$6.45 million), purchasing an astonishing 532.45 million BOME in one fell swoop. This gamble-like transaction is undoubtedly jaw-dropping, as if you are seeing a future billionaire rising before your eyes. However, the dealer's ambitions did not stop. After just 10 hours, he sold all his BOME at a staggering price of 26,933 SOL (worth an astonishing $49.5 million). This operation was like setting off a violent storm in the financial market, shaking the entire cryptocurrency world. In just two days, this mysterious trader made a huge profit of 23,428 SOLs, worth an astonishing US$43 million! This kind of profit-making speed is simply faster than a money printing machine. People can't help but marvel at this trader's vision and courage. After the news broke, the entire cryptocurrency community was in a frenzy. People have speculated on the identity of this mysterious trader, and are also full of expectations for the future of BOME. The success of this trader has undoubtedly set a new example for many investors, and also allowed people to see the infinite possibilities of the cryptocurrency market. In this market full of opportunities and risks, every investor has the potential to become the next billionaire. The story of this mysterious trader undoubtedly provides us with a legendary example. #BOME #HotTrends
BTC will also fluctuate and fall slowly, just like Bitcoin fell from US$73,000 to US$61,000, causing retail investors to lose funds unconsciously, and it will probably continue to rise until the end of July.
It will end up being between $50,000-53,000. Then it started to pull back and rise in early August. It will probably rise to around US$73,000 by the end of the year. The price will reach a new high in January 2025, then pull back in May 2025, and then reach US$150,000-$250,000 in September 2025.
Then there will be a long bear market. If you don’t believe it, please save this post of mine. Let's witness history together
👍👍👍Follow me, I am a spot holder and the most patient spot blogger on the market. I will give you the confidence and strength to witness the arrival of the next bull market together!
XRP, Solana (SOL), Cardano (ADA), Ethereum (ETH)… Famous Bitcoin Supporter Rang the Alarm Bell for Altcoins!
Michael Saylor, founder and president of US-based software company MicroStrategy, once again emphasized his belief that Bitcoin (BTC) is the most important cryptocurrency in the market. Saylor, known for his vocal support for Bitcoin, issued a warning to cryptocurrency investors reminiscent of the legendary scene in "Indiana Jones and the Last Crusade" and invited them to "choose wisely" when evaluating investment options other than BTC.
A Bitcoin maximalist, Saylor has been a supporter of MicroStrategy's regular BTC purchases for the past four years and continues to defend the largest cryptocurrency as on day one.
Although he has refrained from openly criticizing altcoins like some other prominent names, Saylor recently announced that some altcoins, including #Xrp🔥🔥 , #SolanaFees (SOL), #Cardano (ADA), and #Ethereum (ETH), have been declared unregistered by the U.S. Securities and Exchange Commission (SEC). He expressed the opinion that it could be classified as securities.
MicroStrategy CEO believes that all altcoins may soon be officially designated as
securities. For him, this reinforces his belief that Bitcoin is the only cryptocurrency launched for long-term success. Bitcoin is currently the only cryptocurrency classified as a commodity by both the #SEC and the US Commodity Futures Trading Commission (CFTC), giving it a unique regulatory status. Although altcoin king Ethereum also shares this status, recent statements by SEC Chairman Gary Gensler have raised doubts about its classification. As a matter of fact, regulatory pressure on altcoins and cryptocurrency exchanges in the USA has increased in recent years, leading to increased scrutiny.
Wow, there's a lot of excitement building up around $PEPE !The current trend suggests that its price could potentially trim 1 zero if Bitcoin stays bullish too.
$SHIB and $FLOKI are also making waves and taking charge!
📉 Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why
Bitcoin might have posted the deepest correction since the FTX crash in November 2022, dipping over 20% from its all-time high of around $74,000. However, Glassnode analysts, while sharing their preview on X, remain cautiously optimistic.
🔸 Bitcoin Drops 20% From March High, But Glassnode Is Bullish
Glassnode notes that the Bitcoin “macro uptrend still appears to be one of the more resilient in history” and that though corrections have been made, they are relatively shallow. With this position, the blockchain analytics platform confirms that the coin has improved with liquidity rising, reducing volatility.However, for bulls to find support and prices to rally, triggers would be from fundamental factors. Though price action structure might offer support, price catalysts are, as history shows, related to market events.
As Glassnode observes, the robust macro trend, bullish for Bitcoin, has tapered volatility, helping maintain the uptrend. The increasingly shallow corrections, as the blockchain analytics platform notes, point to a more mature market backed by more institutions.
🔸 Whales Accumulating As Institutions Eye BTC
Confidence remains high. On-chain data reveals that one whale has taken advantage of the relatively low prices and the correction to stack coins.
In the last week, the whale bought over 100 BTC, pushing the amount of coins bought this month to over 7,257 BTC. This aggressive accumulation suggests that the whale, even at the current multi-year high, Bitcoin could be undervalued.
There could be more Bitcoin tailwinds incoming. For instance, this week, former United States president Donald Trump started accepting crypto donations in the ongoing campaign. This shift of stance has been bullish since Trump dismissed Bitcoin earlier.
While this happens, European regulators appear open to approving Bitcoin as an investable asset within Undertakings for Collective Investment in Transferable Securities (UCITS) funds.
Six years ago, when #Bitcoin reached the $9,000 mark, Bill Gates made a notable statement expressing his skepticism towards the cryptocurrency.
He remarked that he believed Bitcoin was a technology primarily utilized by fools and stated that if he had the ability, he would short it, indicating his lack of confidence in its long-term viability.
$PEPE A Realistic Outlook While $PEPE has been making waves, reaching $1 might be a stretch.
Expert forecasts suggest a more modest future, with prices ranging from $0.0000083 to $0.000353 by 2050. The most optimistic prediction sees $PEPE hitting $0.00010 by 2030.
Let's keep things in perspective and enjoy the ride! #BTC #PEPE #BinanceLaunchpool #ETHETFS #altcoins #altcoins #BlackRock PEPE $0.00000871 +5.45% Share with friends now 2.7k Views 4 Likes 0 Quotes 0 Shares 3 Replies Most Relevant Most Recent Apostol1-
Exciting times ahead! 🥳 $NOT coin is joining the #Binance Launchpool! Stake your BNB or FDUSD and farm $NOT Coin from May 16. #Launchpool #NOTcoin #TON
A signal came from Apple: That altcoin has its eyes on ATH!
#Render (RNDR) rose 11 percent after Apple mentioned Octane, a 3D design software powered by Render Network, in its M4 chip presentation.
Tim Millet, Apple's vice president of platform architecture, mentioned the software in his opening speech, which attracted the attention of investors. It was credited by many commentators for contributing to the rally the #RNDR📉 price experienced last week.
Participants noted the software's performance on the new iPad and commented, "Professional rendering apps like Oktane will definitely fly.
“You can literally see the $RNDR logo in the video,” crypto influencer D0c Crypto said in a May 7 post. The 11 percent price increase following the May 8 announcement contributed to RNDR's overall 40 percent increase over the past seven days.
Another crypto influencer, Mister Crypto, told his 104,700 X followers on May 9: “Bitcoin is falling, but RNDR doesn't care.” Meanwhile, other artificial intelligence (AI) coins were generally bullish this week; Fetch.ai (#FET❤️ ) is up 12.88 percent, The Graph (#GRT. ) is up 20.28 percent, and SingularityNET (AGIX) is up 16.18 percent.
In the coming weeks, investors are preparing to watch AI coins closely as Nvidia, one of the largest manufacturers of graphics processing units (GPUs), releases its first quarter 2024 earnings report on May 22.
Investors have in the past attributed the AI token price movement to the performance of Nvidia shares. Most recently, in April, when AI tokens experienced a slight decline overall, traders saw this as a buying opportunity ahead of Nvidia's earnings report in May.
Crypto trader CryptoGodJohn told his 668,100 Since then, Render is up 33 percent and Fetch.ai is up 6.5 percent. As many AI coins rallied last week, Nvidia's shares hit a 30-day high on May 6, kicking off the trading week at $921.40, according to Google Finance data. $FET $AGIX
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