First week of July: $BTC from $63K to $53K | Fear and Greed Index fell to 29 🥴
Key events this week
$BTC - #MtGox & #Germany Gov lead the trending tags but do selling pressure from them or fear from whale and retails?
$ZRO - New ATH at $4.8 and is the largest position in GSR's portfolio.
$WLD - Korea's PIPC will release the investigation results of Worldcoin this month.
$PIXEL - Pixel game will expand a new Telegram-based project soon
$PENDLE - Pendle's TVL has fallen more than 50% in the past week
$DOT $MANTA - Combat raised from CEO
$CHR - Layer 1 Chromia is expected to launch its mainnet in July after 5 years
$BLAST - Blast Layer2 is launching phase 2 on next Monday July 8, allocating 10B BLAST. TVL reached $1.5B.
$TAO - Bittensor validators have been hacked
$TRX - Justin Sun proposed to $2B billion worth of Bitcoin from Germany to minimize market impact 😬
#Pump.fun first time surpasses ETH network in terms of daily revenue
#Base chain - Total Gas consumption exceed 15,000 ETH, and 15 million user address as well —> is the meme concentration area second only after #Solana 📞 ——— And below is top 10 tokens accumulated by Smart Money over the last 7D
🌐 Is AI stealing crypto’s thunder in the VC world? As some firms pivot to AI, crypto-native VCs see potential in the intersection of both technologies. Framework Ventures’ Michael Anderson suggests blockchain could play a crucial role in AI development by aligning financial incentives and combating monopolization.
❗️ However, Anderson warns that AI might be a “deadend” for most traditional VCs due to incumbent dominance. He advises focusing on “highly differentiated” AI projects with blockchain elements.
🔴 Despite the AI hype, crypto funding is warming up, with Q2 seeing a rise to $3.2 billion. The key might lie in finding the sweet spot where AI and crypto converge.
⬇️ What innovative projects could emerge from the AI-crypto crossover? Share your ideas!
#Bitcoin🪙 has decreased by more than 6% in the last 24 hours.
The descending channel in which the price used to move has changed and has become larger, and now the price is trading at the bottom of the channel. The demand level of $57500-$56200 - was also violated, and the pattern of 2 peaks in the chart is completed. If the price wants to move according to the pattern, it will return to the level of $48000-$47000 . #MarketInsights #MarketSentimentToday #Binance
Mt. Gox just made a large transfer of 47,229 $BTC ($2.71B) to a new wallet “1L7XbxQ” 30 minutes ago.
Note that in May, they made the same large transfers to new wallets but only announced to start repaying creditors in $BTC and $BCH from early July 2024 onward a month later.
#ARPA is making new lows, the price is currently consolidating near the resistance zone. Wait for a pullback towards the resistance zone and wait for the price to be rejected from the zone for a short entry. The previous low is expected to be tested.
#EDU is correcting a great bullish move. The price has reached an important demand level.
In the first step, the price must cross the dynamic resistance and then continue the upward trend. If the price is traded below the level of $0.5360-$0.5587 , the continuation of the downward trend is more likely.
After breaking the downward trend line, the price of #ARPA still failed to cross the resistance level.
The price is now moving between the resistance and support levels. Support $0.04450 and resistance $0.05000 - $0.05060.
According to breaking the trend line, there is a possibility of price growth up to the specified resistance. If the price falls from the dynamic support, it will reach the support level.
"God help those who help themselves" - a popular saying. You know, What comes fast, goes fast. If you are a trader, you must know what to do and what not to do. What to do when and how. 1. You must not be greedy. 2. Always be patient. If you are following the rules, don't get stressed. 3. Don't get emotional while trading.Its a professional thing to do.If you get emotional in the market,there is a high chance to lose. 4. Don't be a panicked seller. Suppose you make a long trade and its going reverse. You being a panicked seller, you sell all and bear the losses. NEVER DO THAT. 5. If you are a newbee and you want to learn and earn, find a good mentor who can assist you and guide you in this field. 6. Don't use all your asset in one place. instead of that, split them to earn easily with safety.
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on an Ethereum-based low-cap altcoin while offering his insights on Bitcoin (BTC) and Curve DAO (CRV). The analyst pseudonymously known as Credible Crypto tells his 401,200 followers on the social media platform X that Convex Finance (CVX) has the “best-looking chart” in terms of […] The post Trader Says Ethereum-Based Altcoin Primed To ‘Get Explosive Soon,’ Updates Outlook on Bitcoin and Curve
Price has broken out of the falling wedge pattern on the 4-hour chart, indicating a positive signal. A test of the support area may occur, providing an opportunity to accumulate near the support area.