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Mt. Gox's $BTC Sell-Off Looms: Brace for Impact! 💥 📢 Breaking News: Mt. Gox, the infamous crypto exchange, still holds a staggering $8.83 billion in #BTC , set to flood the market from July 1st to October 31st! 😱 🇩🇪 In contrast, the German government's $3 billion in #Bitcoin seems like a drop in the ocean. 🌊 📉 The #crypto market is already feeling the bearish vibes, with Mt. Gox's impending sell-off adding fuel to the fire. 🔥 💭 What will this mean for BTC prices? 🤔
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🪙#Bitcoin makes daily high 64,993.95 ➡️54,311 traders were liquidated and total liquidations comes in at $168.94M in past 24 hours. ➡️Fear and greed Index is currently at 65 indicating greed sentiment in the market. $BTC
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Layer 1 DEX Boom! 125% Growth in Trading Volume📈📈 Global #DEX volumes across Layer 1 blockchains have surged a massive 125% over the past year (based on 7-day moving average) This is a sign of booming activity in the decentralized exchange space! Current Market Leaders 💪 #Ethereum (ETH) - Still the king with a dominant 45% market share Solana (SOL) - Making serious strides with a 34% share and a whopping 17x increase in the last year! $BNB Chain (BNB) - A solid contender with a 13% share, known for its low fees Solana's Meteoric Rise #Solana market share growth is particularly impressive, highlighting its increasing popularity among traders. While Ethereum remains the leader, competition is heating up!🔥
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Bitcoin Futures Volume Peaks in March, Declines with Price Drop✅ #Bitcoin futures volume on major exchanges varied throughout 2024, peaking in early March with nearly 1.2 million $BTC traded daily. This peak coincided with Bitcoin's price exceeding $70,000, highlighting a strong correlation between trading volume and price. However, post-March, volume declined sharply despite a June rally and a mid-year price drop to around $55,000. In July, futures volume started increasing again before Bitcoin’s weekend rally to $63,000.
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Bullish Breakout for Maker (MKR)? 🚀🔥 $MKR is showing positive signs after a healthy breakout of its falling wedge pattern! The price has already bounced from a major support zone around $2140-$2195, and now it's eyeing a potential break above its previous high . **Whale activity on MKR is on the rise! ** This on-chain activity suggests growing interest from major investors. A retest of the $2575 level is a possibility, offering a potential buying opportunity for those interested in accumulating #MKR .🟩 What's Your opinion on #Maker❓ #DYOR
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