#Bitcoin is up 216%. This is a healthy pullback. Just HOD | CryptoMatrix na Binance Square

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#Bitcoin is up 216%.
This is a healthy pullback.
Just HODL ✋💎🤚

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🚨Bybit announces listing of Hamster Kombat tokens for pre-market trading. ✅Bybit, the second-largest crypto exchange by market share has announced its listing of Hamster Kombat, a trending Telegram-based crypto project on its platform for pre-market trading. ✅Bybit in doing this deepens its support for new crypto projects, especially those associated with Telegram’s Open Network (TON).  Bybit on July 8 officially announced its move to list Hamster Kombat tokens (HMSTR) on its over-the-counter (OTC) giving room for pre-market trading of the token.  ✅The OTC platform enables investors and crypto enthusiasts to trade new tokens before their official listing allowing them to run trades at convenient prices.  ✅Bybit’s official announcement indicated that Bybit’s pre-market OTC platform officially launched trading for Hamster Tokens on July 8th effective immediately after the announcement.  #BinanceTournament #MtGoxJulyRepayments #BinanceTurns7 #BinanceTurns7 $BTC

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🚨First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows. ✅The latest price moves in crypto markets in context for July 9, 2024. 🔺Bitcoin found some stability above $57,000 following Monday's slide to $55,000 as a German government entity received over $200 million worth of the asset back from various exchanges late in the U.S. day, helping revive sentiment. BTC was trading around $57,400 during the European morning, an increase of 1% in the last 24 hours, having fallen to $55,000 on Monday after a wallet address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various other addresses, spooking traders. In the past 12 hours, the entity received refunds from Kraken, Coinbase and Bitstamp, Arkham data shows, indicating that while the assets were sent to these exchanges, they ultimately did not hit the market. 🔺Spot bitcoin ETFs recorded nearly $300 million in net inflows on Monday, the most since early June, when the cryptocurrency traded over $70,000. BlackRock’s IBIT led buying activity with nearly $180 million in net inflows, followed by Fidelity’s FBTC. Grayscale’s GBTC – infamous for its outflows – recorded over $25 million in purchases. Some investors may be viewing the drop in the bitcoin price as a buying opportunity, investment firm CoinShares said in a report on Monday. Traders largely expect July to be a generally bullish month for the crypto market as it has seen a medium return of 9% historically, with the trend expected to continue. 🔺Data tracked by Coinwarz shows Bitcoin’s mining difficulty slumped from 83.6 TH/s to 79.50 TH/s on June 5, a level last seen in March, a month before the halving. That’s one of the largest difficulty drops since crypto exchange FTX's collapse, which sent bitcoin prices spiraling down more than 10% in a week, CryptoQuant noted. Downward adjustments mean a proportional decrease in the network’s hashing power. #BinanceTournament #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #BinanceTurns7 $BTC

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🚨Bitcoin Miners Are Capitulating, But There's Silver Lining. ✅ Miner capitulation typically indicates bottoming conditions, according to CryptoQuant's Ki Young Ju 🔺 Ki Young Ju, founder and CEO of cryptocurrency analytics firm CryptoQuant, has stated that Bitcoin miner capitulation is still not over. ✅He pointed to historical data which shows that such capitulation phases typically end when the daily average mined value is 40% of the yearly average. However, it currently stands at 72%. ✅The term "miner capitulation" refers to a period when cryptocurrency miners are struggling to make ends meet due to declining profitability. Miners are forced to liquidate their Bitcoin reserves due to declining prices and fees. Even though pundits pay a lot of attention to Mt. Gox's repayments and the German government's selling spree, the predicament of miners is also one of the key bearish factors. #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments #BinanceTournament #BinanceTurns7 #VanEck_SOL_ETFS $BTC

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🚨Binance Delists 4 Altcoins: Tokens Tumble Double-Digit 🔺Binance delists four altcoins: BOND, DOCK, MDX, and POLS, causing significant market drops. 🔺DOCK fell nearly 30%, MDX by 23.65%, BOND, and POLS over 17% after delisting news. 🔺Delistings follow Binance’s periodic review of digital assets’ compliance and standards. ✅ Crypto exchange Binance has announced it will no longer support four altcoins — BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastar (POLS). Effective July 22 at 03:00 UTC, it will delist these altcoins, causing a sharp drop in their market value. 🚨Altcoins Nosedive Following Binance Delisting Announcement ✅Immediately following the announcement, the affected tokens saw significant price declines. Specifically, DOCK plummeted nearly 30%, MDX dropped by 23.65%, and BOND and POLS both experienced over 17% losses. ✅The delistings are part of Binance’s periodic review. Often, it adds the tokens under the monitoring tag before delisting them. For instance, on July 1, Binance included 11 altcoins under its monitoring tag, including DOCK and POLS. 👉🏼“At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements,” Binance explained. #BinanceTournament #MtGoxJulyRepayments #VanEck_SOL_ETFS #BinanceTurns7 #BinanceTurns7 $BNB

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🚨Bitcoin: Fear invades the market, is the worst over? ✅ The Bitcoin price is a real emotional roller coaster. One day, investors are at the peak of euphoria, and the next day, they are plunging into the depths of fear. Currently, the Bitcoin market is experiencing one of these moments of panic. The Crypto Fear & Greed Index, a barometer of investor emotions, has reached its lowest point of 2023. Is this situation a harbinger of recovery for Bitcoin, or a harbinger of further turbulence? Let’s dive together into the twists and turns of this fascinating market. 🚨Bitcoin’s Fall ✅Bitcoin, once perched at dizzying heights, recently plummeted to nearly $54,000. This significant drop has caused panic among investors, sending the fear index to alarming levels. ✅In March, extreme greed reigned, fueled by a meteoric rise in prices and frenzied speculation. Now, fear has taken over, plunging the market into uncertainty. ✅The Crypto Fear & Greed Index, which tracks investor sentiment, often predicts market movements. ✅With this drop, some analysts are seeing a potential rebound. Historically, periods of intense fear have often been good times to buy. Seasoned investors know that opportunities often lurk behind the dark clouds of panic. #BinanceTournament #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions ##BinanceTurns7 $BTC

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