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📢 Hey everyone! We are thrilled to introduce our brand-new format, "First Glance," featuring our esteemed partner @Chain_GPT! 🎉 🔍In this thrilling series, expect concise and insightful reviews of diverse projects, assessing their products. 🗓 July 10th, 18:00 UTC. 🔗Join here: https://www.binance.com/en/live/video?roomId=2143153 Don't miss our latest stream, where we'll dive deep into the incredible world of #ChainGPT See you there! 👀 #BinanceLive

📢 Hey everyone! We are thrilled to introduce our brand-new format, "First Glance," featuring our esteemed partner @Chain_GPT! 🎉

🔍In this thrilling series, expect concise and insightful reviews of diverse projects, assessing their products.

🗓 July 10th, 18:00 UTC.

🔗Join here: https://www.binance.com/en/live/video?roomId=2143153

Don't miss our latest stream, where we'll dive deep into the incredible world of #ChainGPT See you there! 👀

#BinanceLive

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Spot Bitcoin ETF Approvals in the US Accelerate the Market 🚀⬆️ Marathon's CEO Fred Thiel gave information about the effects of the approval of spot Bitcoin ETFs in the US on the cryptocurrency market. He said that spot Bitcoin ETFs started and accelerated the expected Bitcoin rally before the block reward halving. According to Thiel, capital flow to the market occurred before the normal period, thanks to spot ETF approvals. Block Prize Halving and Market Dynamics Stating that the Bitcoin block reward halving will create an increase in pressure on the price by reducing the daily Bitcoin supply, Thiel explained that Marathon is satisfied with this situation and that the company has a high profitability expectation. He also stressed that the price of Bitcoin should not fall below $46k for company profitability. Experts and Market Expectations Bitcoin mining expert Jaran Mellerud finds concerns that hashrate will fall after the block reward halving out of place. According to Mellerud, the halving creates temporary pauses in the upward trend rather than lowering the hashrate. He stated that the main driving force of the bull market after the block reward half will be the increase in demand. Cryptocurrency exchange Bitfinex and analyst Oliver Isaacs predict that Bitcoin's price will rise significantly after the block reward halving. Approval of Spot Bitcoin ETFs triggers typical Bitcoin rallies before block reward halving The block reward half is having a boosting effect on the price by reducing the Bitcoin supply. Marathon expects high profitability if Bitcoin price doesn't fall below $46k. The increase in demand will support the bull market instead of the hashrate decline after the block reward halving. The price of Bitcoin is expected to increase greatly after the block reward halving. However, since mid-March, the price of Bitcoin has been stagnant at the $60,000 line and shows signs of consolidation rather than a significant rise or correction. DYOR $BTC #BullorBear #etf #bitcoinhalving
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Altcoins Strategic for 2024 📈🚀⬆️ Institutional participation in the crypto space remains strong, with leveraged short positions in Bitcoin futures reaching record highs and the total value locked in in-chain derivatives reaching an all-time high, pointing to the intense interest and active participation of major financial players. In the context of this vibrant market, several projects may be emerging as promising opportunities for a successful 2024. These altcoins stand out as attractive options for diversifying portfolios, with their unique value propositions and potential to make a significant impact on the crypto ecosystem. Aave ($AAVE ): Pioneer in DeFi Lending and Borrowing Looking ahead, Aave (AAVE) is positioned to benefit from the growing interest in DeFi with potential expansion and innovations. The platform's commitment to security, transparency, and user-focused services will likely push its price up. However, the competitive DeFi environment brings with it the challenges that Aave (AAVE) must overcome to maintain its leading position. Bonk ($BONK ): Meme Coin With A Purpose The future of Bonk (BONK) depends on the ability to go beyond the typical meme coin narrative and build a sustainable ecosystem in Solana. While its thematic appeal and community-oriented approach offer opportunities for growth, Bonk (BONK) faces dual challenges, such as maintaining momentum and proving its long-term benefit beyond the initial scam. Apecoin ($APE ): NFTs and Community in the Foreground Apecoin (APE) will continue to benefit from increased adoption and use. However, the volatility of the NFT market and regulatory uncertainties pose challenges for its sustainable growth and stability. #Memecoins #BullorBear
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$632 Targeted, Became One of the Fastest Rising Altcoins 🚀📈 Some differed positively. While altcoins like CHZ make double-digit gains, the price of BNB Coin stands out for rising rapidly among the biggest altcoins. So what are the predictions for Binance Coin (BNB)? BNB Coin Comment BNB Coin, which is expected to test the ATH level for weeks, had stopped bullish movement due to the recent BTC price correction. Now, it has returned to the $600 limit again and its daily earnings have reached 7 percent. Fed members' optimism about interest rate cheves and recent positive inflows on the ETF channel have fed optimism. The data that came on the macro front was not bad. The BNB Coin price, which recovered from the $550 support zone, exceeded the $581 it targeted and stood the $600 limit. The Sharpe Rate, the yield volatility measure, has recently climbed to 4.0 for BNB. This creates an attractive enough environment for new investors to move to BNB. Another indicator for BNB Coin that points to bullish is the RSI. Investor demand has returned to levels that reflect the bullish sense. This shows that the upsh momentum is reviving and the price increase may accelerate. BNB Coin Price Prediction The main determining factor here will be the closures of the Bitcoin price above $69,000. If we can see a strong net entry in the ETF channel and high closes in BTC before hours later, U.S. data, the BNB Coin bulls will also appetize to take the opportunity and push the price up. BNB is just above the $593 resistance area. The current trend is in the direction of bullish and the $600 resistance could also be overcome if the price of $594 is maintained. In this case, the price will be expected to test the 632-635 dollar zone. Closures on it will target the $645 and $700 limit. However, $593 is an important resistance point on the 4-hour chart and if the current gain cannot be maintained, we can see that the price has fallen again as much as $549. Moreover, with the retreat to the support level, the rise scenario will be shelved.DYOR $BNB #BNB #BullorBear
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