markettrends
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- Dive into an exclusive Q&A session all about crypto!
- Whether you're new or experienced, get ready to uncover the secrets of cryptocurrency.
- We'll chat about market trends, predict the next big altcoin moves, and explore the exciting world of digital currencies.
- Don't miss out! Ask me anything and let's make crypto simple and fun!
#Write2Earn #AMAsession
#HotTrends #markettrends
- Dive into an exclusive Q&A session all about crypto!
- Whether you're new or experienced, get ready to uncover the secrets of cryptocurrency.
- We'll chat about market trends, predict the next big altcoin moves, and explore the exciting world of digital currencies.
- Don't miss out! Ask me anything and let's make crypto simple and fun!
#Write2Earn #AMAsession
#HotTrends #markettrends
đžđ Excited to share my trading strategy! Here's a sneak peek: focus on long-term growth đ±, diversify investments đ, stay informed on market trends đ, and trust your gut đ€
#tradingstrategy #longtermgrowth #diversify #markettrends #trustyourgut đđ°
#tradingstrategy #longtermgrowth #diversify #markettrends #trustyourgut đđ°
ââ STOP LOSING MONEY BY UNDERSTANDING MARKET CYCLES ââ
Financial markets, like natural phenomena, move in predictable cycles. These cycles often trap retail traders, much like how games lure players in with the promise of small wins just to claim larger losses.
The example of BTC in 2017:
Bitcoinâs price skyrocketed from around $1K in January to nearly $2K in December. However, by early 2018, Bitcoinâs price dropped to around $3K by December 2018. Many investors faced big losses.
4 of Market Cycles & Common Mistakes:
Accumulation:
This phase follows a significant market decline. Prices are low, and investors are pessimistic.
Example: After Bitcoinâs 2013 crash from $1K to below $200, the accumulation phase saw cautious buying by those who believed in its long-term potential.
Common Mistakes: During this phase, many investors are too fearful to buy.
Uptrend:
Characteristics: The market begins to recover.
Example: Throughout 2017, Bitcoinâs price steadily climbed & media coverage fueled investor confidence.
Common Mistakes: As prices rise, many investors jump in late, buy at higher prices & increase their risk of losses.
Distribution:
Characteristics: The market reaches new highs.
Example: In late 2017, Bitcoinâs price surged towards $20K, driven by extreme optimism.
Common Mistakes: During this phase, investors often buy at the peak of the market, driven by overconfidence.
Decline:
Characteristics: The market begins to fall from its peak.
Example: By early 2018, Bitcoinâs price began to fall sharply, leading to panic selling and significant losses for late investors.
Common Mistakes: Investors often hold on to their investments too long. As prices continue to fall, fear sets in, leading to panic selling.
The Cycle Repeats
These phases repeat over time, and understanding them can help you become a more consistent and successful trader. !
Like, share & follow @Dark Knight Signals
#bitcoin #memecoins #markettrends
$BTC $ETH $SOL
Financial markets, like natural phenomena, move in predictable cycles. These cycles often trap retail traders, much like how games lure players in with the promise of small wins just to claim larger losses.
The example of BTC in 2017:
Bitcoinâs price skyrocketed from around $1K in January to nearly $2K in December. However, by early 2018, Bitcoinâs price dropped to around $3K by December 2018. Many investors faced big losses.
4 of Market Cycles & Common Mistakes:
Accumulation:
This phase follows a significant market decline. Prices are low, and investors are pessimistic.
Example: After Bitcoinâs 2013 crash from $1K to below $200, the accumulation phase saw cautious buying by those who believed in its long-term potential.
Common Mistakes: During this phase, many investors are too fearful to buy.
Uptrend:
Characteristics: The market begins to recover.
Example: Throughout 2017, Bitcoinâs price steadily climbed & media coverage fueled investor confidence.
Common Mistakes: As prices rise, many investors jump in late, buy at higher prices & increase their risk of losses.
Distribution:
Characteristics: The market reaches new highs.
Example: In late 2017, Bitcoinâs price surged towards $20K, driven by extreme optimism.
Common Mistakes: During this phase, investors often buy at the peak of the market, driven by overconfidence.
Decline:
Characteristics: The market begins to fall from its peak.
Example: By early 2018, Bitcoinâs price began to fall sharply, leading to panic selling and significant losses for late investors.
Common Mistakes: Investors often hold on to their investments too long. As prices continue to fall, fear sets in, leading to panic selling.
The Cycle Repeats
These phases repeat over time, and understanding them can help you become a more consistent and successful trader. !
Like, share & follow @Dark Knight Signals
#bitcoin #memecoins #markettrends
$BTC $ETH $SOL
đš MT. GOX CREDITORS OPT to HODL BITCOIN PAYOUTS â REDDIT POLL đš
A recent poll on the Mt. Gox Insolvency subreddit reveals that a significant number of Mt. Gox creditors plan to retain their Bitcoin payouts. Approximately 56% of the 467 participants indicated they would hold onto their BTC, aligning with the "hodl" strategy, despite the ongoing market fluctuations.
đ About 20% Plan to Sell All Their Bitcoin Holdings
Contrastingly, around 20% of the respondents expressed their intention to sell 100% of their Bitcoin payouts. An additional 14% plan to sell up to 25% of their holdings, while only 6% consider selling up to 50%.
đ Mt. Gox Bitcoin Distribution Update
Mt. Gox, once the largest Bitcoin exchange, collapsed in 2014 after losing 850,000 BTC. As of July 17, more than 36% of the owed Bitcoin has been distributed to creditors.
It looks like the constant dumping of Bitcoin across the board has come to a stop!
Let's see if we can hit the $100k mark from here!
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!
#mtgox #bitcoinprice #priceanalysis #markettrends #btc
$BTC Â $PEPE Â $SHIB
A recent poll on the Mt. Gox Insolvency subreddit reveals that a significant number of Mt. Gox creditors plan to retain their Bitcoin payouts. Approximately 56% of the 467 participants indicated they would hold onto their BTC, aligning with the "hodl" strategy, despite the ongoing market fluctuations.
đ About 20% Plan to Sell All Their Bitcoin Holdings
Contrastingly, around 20% of the respondents expressed their intention to sell 100% of their Bitcoin payouts. An additional 14% plan to sell up to 25% of their holdings, while only 6% consider selling up to 50%.
đ Mt. Gox Bitcoin Distribution Update
Mt. Gox, once the largest Bitcoin exchange, collapsed in 2014 after losing 850,000 BTC. As of July 17, more than 36% of the owed Bitcoin has been distributed to creditors.
It looks like the constant dumping of Bitcoin across the board has come to a stop!
Let's see if we can hit the $100k mark from here!
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!
#mtgox #bitcoinprice #priceanalysis #markettrends #btc
$BTC Â $PEPE Â $SHIB
đ WILL BTC FALL TO $50k DUE TO DOUBLE TOP PATTERN?đâ
Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends.
đ„ Volatile Price Action:
This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs.
đ Double Top Formation:
The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000âif not $45,000."
đ Potential Bullish Factors:
While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September.
đ Economic Data Impact:
Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market."
đ Expected PCE Figures:
Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021.
Follow @Professor Mende - Bonuz Ecosystem Founder and stay updated on the matter!
#doubletop #markettrends #bitcoincrash #markettrends #cryptomarket
$BTC $ETH $BNB
Bitcoin has carved out a double-top pattern, a classic bearish signal, suggesting a potential downward correction. Key upcoming data could impact the Fed's interest rate decisions, influencing market trends.
đ„ Volatile Price Action:
This month has seen Bitcoin's price surge near $70,000, approaching its all-time high from March, only to retreat to $63,000. This decline contrasts with Nasdaq's upward movement and is attributed to faster miner selling, investor profit-taking, and outflows from U.S.-listed spot ETFs.
đ Double Top Formation:
The double-top pattern, characterized by two peaks with a valley in between, indicates uptrend exhaustion. Breaking below the valley's low point confirms a bearish trend. Markus Thielen from 10x Research noted, "Bitcoin follows a double top formation. This could see a drop to $50,000âif not $45,000."
đ Potential Bullish Factors:
While the U.S. election and CPI might boost Bitcoin later this year, a steeper correction is still possible. The Fed's preferred inflation gauge, the PCE price index, due this Friday, could offer relief by cementing the case for renewed Fed rate cuts from September.
đ Economic Data Impact:
Recent strong economic data has pushed bond yields higher and precious metals lower, hindering digital hard assets like crypto. Greg Magadini from Amberdata emphasized, "This week, multiple Fed Governors speak, GDP figures, and most importantly, the PCE on Friday could significantly influence the market."
đ Expected PCE Figures:
Economists anticipate no change in the PCE price index and a modest 0.1% increase in the core PCE, translating to 2.6% annual advances in both headline and core figures. The projected core increase, excluding food and energy, would be the smallest since March 2021.
Follow @Professor Mende - Bonuz Ecosystem Founder and stay updated on the matter!
#doubletop #markettrends #bitcoincrash #markettrends #cryptomarket
$BTC $ETH $BNB
Where are we my friendsđđ»?
In my opinion we are entering the "optimism" phase.
Drop your guess below đ
#markettrends #bullorbear #memecoins #memecoin #bitcoin
$SHIB $BTC $PEPE
In my opinion we are entering the "optimism" phase.
Drop your guess below đ
#markettrends #bullorbear #memecoins #memecoin #bitcoin
$SHIB $BTC $PEPE
đš ALERT: BITCOIN SET FOR THIRD WORST WEEK OF 2024 đš
Bitcoin prices continue their downward spiral on Monday, positioning the premier cryptocurrency for its third-worst week of the year.
đ§ Analyzing Market Trends:
Several factors contribute to this decline. Notably, the Japanese crypto exchange Mt. Gox, infamous for its hack over a decade ago, announced it would begin repaying Bitcoin and Bitcoin Cash in July. This has raised concerns about a potential sell-off by creditors, which could flood the market with additional Bitcoin.
đž Investor Sentiment Shifts:
Investors might be reallocating their funds into other asset classes, especially as the tech sector outperforms this month, pushing markets to new highs. U.S. spot Bitcoin ETFs have seen six consecutive days of outflows, coinciding with preparations for ETFs investing directly in Ethereum.
đ Key Levels to Watch:
Bitcoin dropped more than 5% and is hovering just above the $61,000 mark, after touching near $60,000 earlier in the day. Despite recent setbacks, Bitcoin remains up nearly 40% year-to-date, having ended last year around $43,000.
đŒ Impact on Crypto Stocks:
Crypto-related stocks are also feeling the heat. Over a 10-day chart, these stocks have faced substantial pressure correlating with Bitcoinâs sell-off.
đ Year-to-Date Performance:
While Bitcoin is currently facing challenges, itâs crucial to remember its robust performance throughout the year, with a significant increase from its previous year-end value.
đ Broader Market Context:
The current market environment reflects a complex interplay of regulatory developments, market sentiment shifts, and broader economic factors. As the landscape evolves, both investors and analysts are closely monitoring these dynamics to gauge future movements.
Stay informed with @Professor Mende - Bonuz Ecosystem Founder and make strategic decisions in this volatile market!
#markettrends #btc #bitcoin #marketnews #marketanalysis.
$BTC $ETH $SOL
Bitcoin prices continue their downward spiral on Monday, positioning the premier cryptocurrency for its third-worst week of the year.
đ§ Analyzing Market Trends:
Several factors contribute to this decline. Notably, the Japanese crypto exchange Mt. Gox, infamous for its hack over a decade ago, announced it would begin repaying Bitcoin and Bitcoin Cash in July. This has raised concerns about a potential sell-off by creditors, which could flood the market with additional Bitcoin.
đž Investor Sentiment Shifts:
Investors might be reallocating their funds into other asset classes, especially as the tech sector outperforms this month, pushing markets to new highs. U.S. spot Bitcoin ETFs have seen six consecutive days of outflows, coinciding with preparations for ETFs investing directly in Ethereum.
đ Key Levels to Watch:
Bitcoin dropped more than 5% and is hovering just above the $61,000 mark, after touching near $60,000 earlier in the day. Despite recent setbacks, Bitcoin remains up nearly 40% year-to-date, having ended last year around $43,000.
đŒ Impact on Crypto Stocks:
Crypto-related stocks are also feeling the heat. Over a 10-day chart, these stocks have faced substantial pressure correlating with Bitcoinâs sell-off.
đ Year-to-Date Performance:
While Bitcoin is currently facing challenges, itâs crucial to remember its robust performance throughout the year, with a significant increase from its previous year-end value.
đ Broader Market Context:
The current market environment reflects a complex interplay of regulatory developments, market sentiment shifts, and broader economic factors. As the landscape evolves, both investors and analysts are closely monitoring these dynamics to gauge future movements.
Stay informed with @Professor Mende - Bonuz Ecosystem Founder and make strategic decisions in this volatile market!
#markettrends #btc #bitcoin #marketnews #marketanalysis.
$BTC $ETH $SOL
đš MT. GOX SHIFTS $9,000,000,000 IN BTC, MARKET BRACES FOR IMPACT đš
In a stunning move, Mt. Gox's cold wallet has transferred over 140,000 Bitcoin (BTC), worth nearly $9 billion, to multiple addresses, sparking widespread market concern. This significant activity follows a two-week hiatus and has led to fears of increased selling pressure in the crypto markets.
đ Key Transfers and Addresses đ
According to data from Arkham Intelligence, Mt. Goxâs main wallet still holds 138,985 BTC, worth approximately $8.7 billion. Within three hours on July 16, two major transactions moved almost 96,000 BTC (over $6 billion) to two unknown wallets, while an initial transfer of 44,527 BTC was sent to a known Mt. Gox cold wallet.
Unknown Address "BHDct9b" received 42,587 BTC, valued at $2.69 billion.
Unknown Address received 48,641 BTC, valued at $3.07 billion.
Mt. Gox Cold Wallet (1Jbez) received 4641.24 BTC, valued at $293.94 million.
These movements have resulted in over $12 billion worth of Bitcoin being shifted in just a few hours, causing significant market tremors.
đ Market Reaction đ
The BTC price, which had nearly reached $65,000 earlier on July 16, plummeted to lows of $63,000 shortly after the transactions were identified. This 3% drop in BTC was mirrored by more severe dips in altcoins such as Uniswap (UNI), Polkadot (DOT), and Bitcoin Cash (BCH), each experiencing over 5% declines.
BTC Price Movement: $65,000 ⥠$63,000 (3% drop)
Altcoins Affected:
Uniswap (UNI): -5%
Polkadot (DOT): -5%
Bitcoin Cash (BCH): -5%
Where will the BTC price go from here?
Drop your opinion below and follow @Professor Mende - Bonuz Ecosystem Founder for more!
#mtgox #bitcoinprice #priceanalysis #markettrends #bitcoin
$BTC Â $PEPE Â $SHIB
In a stunning move, Mt. Gox's cold wallet has transferred over 140,000 Bitcoin (BTC), worth nearly $9 billion, to multiple addresses, sparking widespread market concern. This significant activity follows a two-week hiatus and has led to fears of increased selling pressure in the crypto markets.
đ Key Transfers and Addresses đ
According to data from Arkham Intelligence, Mt. Goxâs main wallet still holds 138,985 BTC, worth approximately $8.7 billion. Within three hours on July 16, two major transactions moved almost 96,000 BTC (over $6 billion) to two unknown wallets, while an initial transfer of 44,527 BTC was sent to a known Mt. Gox cold wallet.
Unknown Address "BHDct9b" received 42,587 BTC, valued at $2.69 billion.
Unknown Address received 48,641 BTC, valued at $3.07 billion.
Mt. Gox Cold Wallet (1Jbez) received 4641.24 BTC, valued at $293.94 million.
These movements have resulted in over $12 billion worth of Bitcoin being shifted in just a few hours, causing significant market tremors.
đ Market Reaction đ
The BTC price, which had nearly reached $65,000 earlier on July 16, plummeted to lows of $63,000 shortly after the transactions were identified. This 3% drop in BTC was mirrored by more severe dips in altcoins such as Uniswap (UNI), Polkadot (DOT), and Bitcoin Cash (BCH), each experiencing over 5% declines.
BTC Price Movement: $65,000 ⥠$63,000 (3% drop)
Altcoins Affected:
Uniswap (UNI): -5%
Polkadot (DOT): -5%
Bitcoin Cash (BCH): -5%
Where will the BTC price go from here?
Drop your opinion below and follow @Professor Mende - Bonuz Ecosystem Founder for more!
#mtgox #bitcoinprice #priceanalysis #markettrends #bitcoin
$BTC Â $PEPE Â $SHIB
đ BITCOIN EYES $90,000 BREAKOUT, ANALYSTS SAY đ
đ Prepping for a Surge: Bitcoin is setting the stage for a significant breakout, with two classic indicators hinting at a bullish continuation.
đ Key Weekly Close: Renowned trader Roman has highlighted crucial signals on X, suggesting BTC is poised for a major move. Despite a lackluster June, Bitcoinâs higher timeframes indicate a promising outlook.
Consolidation Phase: Some analysts argue that Bitcoin's current price action is typical bull market behavior, characterized by consolidation below all-time highs, a phase that could last several months.
Bullish Divergence: Roman points out that Bitcoin is forming a third bullish divergence between price and the Relative Strength Index (RSI). Coupled with tightening Bollinger Bands, this setup could trigger substantial volatility.
đ§ Potential Upside: Romanâs analysis indicates that once volatility builds, BTC could surge well into new all-time high territory. He emphasized the importance of the weekly close, stating, "We are forming more bullish continuation indications on HTF. Once volatility is built, we can finally full send to $90K+."
Bulls Stay Hopeful: Cointelegraphâs previous reports noted that other bullish BTC price predictions are struggling to meet timelines. For instance, an $80,000 target for June is unlikely with just a week left. However, a separate prediction from May sees BTC hitting $95,000 in a rapid breakout.
Now, we have 2 different currents. Some sources say Bitcoin is headed towards $50k before breakout, other sources say we're already preparing for the $90k. The good thing both waves have in common: They're both talking about an upward trend in the long run, so I guess HODLERS can only win!
Matthias Mende out!
#btc #bitcoin #bitcoinpricealert #PricePredictions2024 #markettrends
$BTC Â $ETH Â $BNB
đ Prepping for a Surge: Bitcoin is setting the stage for a significant breakout, with two classic indicators hinting at a bullish continuation.
đ Key Weekly Close: Renowned trader Roman has highlighted crucial signals on X, suggesting BTC is poised for a major move. Despite a lackluster June, Bitcoinâs higher timeframes indicate a promising outlook.
Consolidation Phase: Some analysts argue that Bitcoin's current price action is typical bull market behavior, characterized by consolidation below all-time highs, a phase that could last several months.
Bullish Divergence: Roman points out that Bitcoin is forming a third bullish divergence between price and the Relative Strength Index (RSI). Coupled with tightening Bollinger Bands, this setup could trigger substantial volatility.
đ§ Potential Upside: Romanâs analysis indicates that once volatility builds, BTC could surge well into new all-time high territory. He emphasized the importance of the weekly close, stating, "We are forming more bullish continuation indications on HTF. Once volatility is built, we can finally full send to $90K+."
Bulls Stay Hopeful: Cointelegraphâs previous reports noted that other bullish BTC price predictions are struggling to meet timelines. For instance, an $80,000 target for June is unlikely with just a week left. However, a separate prediction from May sees BTC hitting $95,000 in a rapid breakout.
Now, we have 2 different currents. Some sources say Bitcoin is headed towards $50k before breakout, other sources say we're already preparing for the $90k. The good thing both waves have in common: They're both talking about an upward trend in the long run, so I guess HODLERS can only win!
Matthias Mende out!
#btc #bitcoin #bitcoinpricealert #PricePredictions2024 #markettrends
$BTC Â $ETH Â $BNB
đ° BITCOIN YEARLY RETURNS IN THE LAST DECADE:
- 2014: -58% đŽ
- 2015: 35% â
- 2016: 125% â
- 2017: 1,331%â
- 2018: -73% đŽ
- 2019: 95% â
- 2020: 301% â
- 2021: 90% â
- 2022: -81% đŽ
- 2023: 154% â
- 2024: ???
Comment with your best guess đ
- Professor Mende - trade with 20% discount on Binance with my link.
#bitcoin #BTCPrice #bitcoinprice #markettrends #pricespeculation $BTC
- 2014: -58% đŽ
- 2015: 35% â
- 2016: 125% â
- 2017: 1,331%â
- 2018: -73% đŽ
- 2019: 95% â
- 2020: 301% â
- 2021: 90% â
- 2022: -81% đŽ
- 2023: 154% â
- 2024: ???
Comment with your best guess đ
- Professor Mende - trade with 20% discount on Binance with my link.
#bitcoin #BTCPrice #bitcoinprice #markettrends #pricespeculation $BTC
đš ANOTHER $150,000,000 IN CRYPTO MOVED BY GERMAN & US GOVT'S đš
The German and United States governments have recently made strategic moves by transferring millions of dollars worth of Bitcoin and Ethereum, catching the market's eye.
German Government's BTC Transfers đ©đȘ
On July 1, the German government moved 1,500 BTC, valued at approximately $95 million, to multiple crypto exchanges. This transfer follows a pattern, as over the past two weeks, Germany has moved a total of 2,700 BTC to exchanges such as Bitstamp, Coinbase, and Kraken. Currently, Germany holds 44,692 BTC, worth around $2.82 billion.
Data from Arkham Intelligence indicates that 400 of the latest 1,500 BTC were sent to major exchanges, while 750 BTC were transferred on June 26, with 250 BTC specifically going to Bitstamp and Kraken.
US Government's ETH Transfers
The U.S. government, on the other hand, has shifted its focus to Ethereum. On July 1, it moved 3,375 ETH, worth about $11.75 million, from seized funds to an unknown address. This follows a previous transfer of 11.84 BTC, worth around $743,000, from a seized funds address on June 30.
The ETH funds in question were seized from Estonian crypto entrepreneurs Potapenko and Turogin. The movement of these funds to an unknown wallet suggests a shift in fund management strategy by the U.S. government.
đ Analysis and Market Impact đ
The frequent transfers by both governments indicate strategic fund management. Germany's actions suggest a potential liquidation of its holdings on major exchanges, possibly influenced by the recently adopted Markets in Crypto-Assets Regulation (MiCA) by the European Union.
Meanwhile, the U.S. government's transfer to an unknown address could indicate a reevaluation of its ETH management strategy.
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated on this matter!
#marketanalysis #warning #btc #bitcoin #markettrends
$BTC Â $ETH Â $BNB
The German and United States governments have recently made strategic moves by transferring millions of dollars worth of Bitcoin and Ethereum, catching the market's eye.
German Government's BTC Transfers đ©đȘ
On July 1, the German government moved 1,500 BTC, valued at approximately $95 million, to multiple crypto exchanges. This transfer follows a pattern, as over the past two weeks, Germany has moved a total of 2,700 BTC to exchanges such as Bitstamp, Coinbase, and Kraken. Currently, Germany holds 44,692 BTC, worth around $2.82 billion.
Data from Arkham Intelligence indicates that 400 of the latest 1,500 BTC were sent to major exchanges, while 750 BTC were transferred on June 26, with 250 BTC specifically going to Bitstamp and Kraken.
US Government's ETH Transfers
The U.S. government, on the other hand, has shifted its focus to Ethereum. On July 1, it moved 3,375 ETH, worth about $11.75 million, from seized funds to an unknown address. This follows a previous transfer of 11.84 BTC, worth around $743,000, from a seized funds address on June 30.
The ETH funds in question were seized from Estonian crypto entrepreneurs Potapenko and Turogin. The movement of these funds to an unknown wallet suggests a shift in fund management strategy by the U.S. government.
đ Analysis and Market Impact đ
The frequent transfers by both governments indicate strategic fund management. Germany's actions suggest a potential liquidation of its holdings on major exchanges, possibly influenced by the recently adopted Markets in Crypto-Assets Regulation (MiCA) by the European Union.
Meanwhile, the U.S. government's transfer to an unknown address could indicate a reevaluation of its ETH management strategy.
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated on this matter!
#marketanalysis #warning #btc #bitcoin #markettrends
$BTC Â $ETH Â $BNB
THE ALTSEASON GOLD RUSH: YOUR TICKET TO THE MOON
đTHE ALTSEASON GOLD RUSH: YOUR TICKET TO THE MOON đ
So, you've probably heard the buzz about "altseason" floating around the crypto world, but what exactly does it mean, and how can you spot it? Buckle up, because we're diving into this crucial concept in the crypto universe.
Altseason, short for "altcoin season," is like the Super Bowl for alternative cryptocurrencies. It's a magical time when altcoins break free from Bitcoin's shadow and skyrocket to the moon, leaving BTC in their dust. During altseason, it's not just advisable, it's downright essential to have some altcoins in your portfolio. But here's the kicker: the real magic happens when you invest in altcoins that haven't blown up yet. Think of it like getting in on the ground floor of the next big thing.
But how does altseason actually work? Picture this: Bitcoin is chilling, not making any big moves, and the market is feeling a bit... meh. That's when investors start looking for more excitement, and where do they turn? Altcoins, baby! With less action in the BTC camp, money starts flowing into altcoins like there's no tomorrow. Suddenly, the market cap of altcoins skyrockets, and almost every altcoin sees a massive surge in value.
To spot an altseason in the wild, keep your eyes glued to the Bitcoin Dominance chart (BTC.D on TradingView). This nifty chart tells you how much of the crypto market belongs to Bitcoin. The lower it goes, the better altcoins will perform against Bitcoin. So, when BTC Dominance takes a nosedive, get ready for altcoins to take center stage.
Now, here's the kicker: altseasons don't last forever. Typically, they hang around for about three weeks, and during a bull market, you can expect to see several of them. Your mission? Position yourself in altcoins before the altseason kicks into high gear, using BTC Dominance as your crystal ball.
So, there you have it, folks. Altseason is like the crypto rollercoaster you don't want to miss. Strap in, hold onto your hats, and get ready for the ride of a lifetime.
Remember, this is just my take on things, but if you found it helpful, don't be shy to show some love. Like, comment, share, and subscribe for more crypto wisdom. And hey, if you're feeling extra generous, a little tip wouldn't hurt. After all, sharing is caring in the world of crypto. Thanks for tuning in! đ
#altcoins #altseason #bullrun #markettrends #xrp
So, you've probably heard the buzz about "altseason" floating around the crypto world, but what exactly does it mean, and how can you spot it? Buckle up, because we're diving into this crucial concept in the crypto universe.
Altseason, short for "altcoin season," is like the Super Bowl for alternative cryptocurrencies. It's a magical time when altcoins break free from Bitcoin's shadow and skyrocket to the moon, leaving BTC in their dust. During altseason, it's not just advisable, it's downright essential to have some altcoins in your portfolio. But here's the kicker: the real magic happens when you invest in altcoins that haven't blown up yet. Think of it like getting in on the ground floor of the next big thing.
But how does altseason actually work? Picture this: Bitcoin is chilling, not making any big moves, and the market is feeling a bit... meh. That's when investors start looking for more excitement, and where do they turn? Altcoins, baby! With less action in the BTC camp, money starts flowing into altcoins like there's no tomorrow. Suddenly, the market cap of altcoins skyrockets, and almost every altcoin sees a massive surge in value.
To spot an altseason in the wild, keep your eyes glued to the Bitcoin Dominance chart (BTC.D on TradingView). This nifty chart tells you how much of the crypto market belongs to Bitcoin. The lower it goes, the better altcoins will perform against Bitcoin. So, when BTC Dominance takes a nosedive, get ready for altcoins to take center stage.
Now, here's the kicker: altseasons don't last forever. Typically, they hang around for about three weeks, and during a bull market, you can expect to see several of them. Your mission? Position yourself in altcoins before the altseason kicks into high gear, using BTC Dominance as your crystal ball.
So, there you have it, folks. Altseason is like the crypto rollercoaster you don't want to miss. Strap in, hold onto your hats, and get ready for the ride of a lifetime.
Remember, this is just my take on things, but if you found it helpful, don't be shy to show some love. Like, comment, share, and subscribe for more crypto wisdom. And hey, if you're feeling extra generous, a little tip wouldn't hurt. After all, sharing is caring in the world of crypto. Thanks for tuning in! đ
#altcoins #altseason #bullrun #markettrends #xrp
đ BREAKING: $240,000,000 worth BTC SENT TO COINBASE EXCHANGE by US GOVERNMENT đ
The United States government transferred 3,940 Bitcoin to a Coinbase Prime wallet on June 26, as per onchain data from Arkham Intelligence. This transaction took place at 5:00 pm UTC and involves Bitcoin seized from convicted drug trafficker Banmeet Singh.
đ Case Background:
đźââ Banmeet Singh: Singh was arrested in London in 2019 on drug distribution charges and extradited to the U.S. in 2023. From 2012 to 2017, he ran a narcotics smuggling network with distributors across multiple states.
đȘ Bitcoin Seizure: As part of his sentencing, Singh was forced to surrender over 8,100 Bitcoin, worth approximately $150 million at the time. The U.S. DEA termed this as their largest cryptocurrency seizure.
đ”ââ Current Status: Singh was sentenced to five years in prison in April 2024 but has been released due to time served. He plans to return to India following his release.
đ° Sell-Off Concerns: The Bitcoin market is jittery over potential government sell-offs impacting prices. Recently, the German government was reportedly unloading Bitcoin worth around $2.76 billion.
đ Government Holdings: Arkham data shows the U.S. government currently owns about 214,000 Bitcoin valued at around $13 billion, making it the largest state holder in their database.
đŠ Mt. Gox Liquidation: Investor fears are further stoked by the Mt. Gox bankruptcy estate beginning the process of unloading 140,000 Bitcoin to reimburse victims of the 2014 collapse.
đ Exchange Balances: Despite these sell-off fears, exchange balances are at six-year lows, counterbalancing potential price declines.
đ Bitcoin Price Watch: The transfer of seized Bitcoin to an exchange typically signals a potential sell-off, which could impact prices.
IMPORTANT FOR YOU: Watch out for potential huge dumps that could crash the BTC price!
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated on Bitcoin matters!
#btc #Bitcoincrashcandle #markettrends #bearish #warning
$BTC $ETH $BNB
The United States government transferred 3,940 Bitcoin to a Coinbase Prime wallet on June 26, as per onchain data from Arkham Intelligence. This transaction took place at 5:00 pm UTC and involves Bitcoin seized from convicted drug trafficker Banmeet Singh.
đ Case Background:
đźââ Banmeet Singh: Singh was arrested in London in 2019 on drug distribution charges and extradited to the U.S. in 2023. From 2012 to 2017, he ran a narcotics smuggling network with distributors across multiple states.
đȘ Bitcoin Seizure: As part of his sentencing, Singh was forced to surrender over 8,100 Bitcoin, worth approximately $150 million at the time. The U.S. DEA termed this as their largest cryptocurrency seizure.
đ”ââ Current Status: Singh was sentenced to five years in prison in April 2024 but has been released due to time served. He plans to return to India following his release.
đ° Sell-Off Concerns: The Bitcoin market is jittery over potential government sell-offs impacting prices. Recently, the German government was reportedly unloading Bitcoin worth around $2.76 billion.
đ Government Holdings: Arkham data shows the U.S. government currently owns about 214,000 Bitcoin valued at around $13 billion, making it the largest state holder in their database.
đŠ Mt. Gox Liquidation: Investor fears are further stoked by the Mt. Gox bankruptcy estate beginning the process of unloading 140,000 Bitcoin to reimburse victims of the 2014 collapse.
đ Exchange Balances: Despite these sell-off fears, exchange balances are at six-year lows, counterbalancing potential price declines.
đ Bitcoin Price Watch: The transfer of seized Bitcoin to an exchange typically signals a potential sell-off, which could impact prices.
IMPORTANT FOR YOU: Watch out for potential huge dumps that could crash the BTC price!
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated on Bitcoin matters!
#btc #Bitcoincrashcandle #markettrends #bearish #warning
$BTC $ETH $BNB
ââ STOP LOSING MONEY BY UNDERSTANDING MARKET CYCLES ââ
Financial markets, like natural phenomena, move in predictable cycles. These cycles often trap retail traders, much like how games lure players in with the promise of small wins just to claim larger losses.
The example of BTC in 2017:
Bitcoinâs price skyrocketed from around $1K in January to nearly $2K in December. However, by early 2018, Bitcoinâs price dropped to around $3K by December 2018. Many investors faced big losses.
4 of Market Cycles & Common Mistakes:
Accumulation:
This phase follows a significant market decline. Prices are low, and investors are pessimistic.
Example: After Bitcoinâs 2013 crash from $1K to below $200, the accumulation phase saw cautious buying by those who believed in its long-term potential.
Common Mistakes: During this phase, many investors are too fearful to buy.
Uptrend:
Characteristics: The market begins to recover.
Example: Throughout 2017, Bitcoinâs price steadily climbed & media coverage fueled investor confidence.
Common Mistakes: As prices rise, many investors jump in late, buy at higher prices & increase their risk of losses.
Distribution:
Characteristics: The market reaches new highs.
Example: In late 2017, Bitcoinâs price surged towards $20K, driven by extreme optimism.
Common Mistakes: During this phase, investors often buy at the peak of the market, driven by overconfidence.
Decline:
Characteristics: The market begins to fall from its peak.
Example: By early 2018, Bitcoinâs price began to fall sharply, leading to panic selling and significant losses for late investors.
Common Mistakes: Investors often hold on to their investments too long. As prices continue to fall, fear sets in, leading to panic selling.
The Cycle Repeats
These phases repeat over time, and understanding them can help you become a more consistent and successful trader.
Like, share & follow @Professor Mende - Bonuz Ecosystem Founder l for more!
#bitcoin #memecoins #markettrends
$BTC $ETH $SOL
Financial markets, like natural phenomena, move in predictable cycles. These cycles often trap retail traders, much like how games lure players in with the promise of small wins just to claim larger losses.
The example of BTC in 2017:
Bitcoinâs price skyrocketed from around $1K in January to nearly $2K in December. However, by early 2018, Bitcoinâs price dropped to around $3K by December 2018. Many investors faced big losses.
4 of Market Cycles & Common Mistakes:
Accumulation:
This phase follows a significant market decline. Prices are low, and investors are pessimistic.
Example: After Bitcoinâs 2013 crash from $1K to below $200, the accumulation phase saw cautious buying by those who believed in its long-term potential.
Common Mistakes: During this phase, many investors are too fearful to buy.
Uptrend:
Characteristics: The market begins to recover.
Example: Throughout 2017, Bitcoinâs price steadily climbed & media coverage fueled investor confidence.
Common Mistakes: As prices rise, many investors jump in late, buy at higher prices & increase their risk of losses.
Distribution:
Characteristics: The market reaches new highs.
Example: In late 2017, Bitcoinâs price surged towards $20K, driven by extreme optimism.
Common Mistakes: During this phase, investors often buy at the peak of the market, driven by overconfidence.
Decline:
Characteristics: The market begins to fall from its peak.
Example: By early 2018, Bitcoinâs price began to fall sharply, leading to panic selling and significant losses for late investors.
Common Mistakes: Investors often hold on to their investments too long. As prices continue to fall, fear sets in, leading to panic selling.
The Cycle Repeats
These phases repeat over time, and understanding them can help you become a more consistent and successful trader.
Like, share & follow @Professor Mende - Bonuz Ecosystem Founder l for more!
#bitcoin #memecoins #markettrends
$BTC $ETH $SOL
đ BITCOIN AIMING FOR $70K MARK đ
Bitcoin traders are setting their sights on a short-term price target of $70,000 after BTC surged above $66,000 during the Asian trading session on July 17, 2024. Although the price later pulled back to $65,000 during the European morning, it remains up by 2.2% over the past 24 hours.
đ Market Optimism on the Rise đ
Lucy Hu, a senior analyst at Metalpha, shared with CoinDesk, âThe rebound in Bitcoin price shows the market has a more optimistic outlook in the near-term macro environment.â The crypto market received a significant boost from the announcement of Donald Trump's vice presidential pick, hinting at a potentially more crypto-friendly administration and policies. Additionally, thereâs less concern over long-term selling pressure as Mt. Gox repayments to creditors have already started.
đ° Bitcoin ETFs See Record Inflows đ°
Bitcoin exchange-traded funds (ETFs) continued their seven-day winning streak on Tuesday, with a massive inflow of $422.5 million, marking the largest single-day influx since June 5. The majority of these funds, over $260 million, went into BlackRock's IBIT. Over the past three days, ETFs have collectively attracted more than $1 billion, highlighting increasing confidence in Bitcoinâs price potential.
ETFs Inflow Highlights:
Total Inflows on Tuesday: $422.5 million
BlackRock's IBIT: $260 million+
Three-Day Total Inflows: $1 billion+
This surge in ETF inflows has coincided with a 20% rise in BTC, reflecting a broader market sentiment shift.
Watch the price closely and stay updated with @Professor Mende - Bonuz Ecosystem Founder !
#bitcoinprice #btc #bitcoin #markettrends #bullorbear
$BTC $ETH l $SOL
Bitcoin traders are setting their sights on a short-term price target of $70,000 after BTC surged above $66,000 during the Asian trading session on July 17, 2024. Although the price later pulled back to $65,000 during the European morning, it remains up by 2.2% over the past 24 hours.
đ Market Optimism on the Rise đ
Lucy Hu, a senior analyst at Metalpha, shared with CoinDesk, âThe rebound in Bitcoin price shows the market has a more optimistic outlook in the near-term macro environment.â The crypto market received a significant boost from the announcement of Donald Trump's vice presidential pick, hinting at a potentially more crypto-friendly administration and policies. Additionally, thereâs less concern over long-term selling pressure as Mt. Gox repayments to creditors have already started.
đ° Bitcoin ETFs See Record Inflows đ°
Bitcoin exchange-traded funds (ETFs) continued their seven-day winning streak on Tuesday, with a massive inflow of $422.5 million, marking the largest single-day influx since June 5. The majority of these funds, over $260 million, went into BlackRock's IBIT. Over the past three days, ETFs have collectively attracted more than $1 billion, highlighting increasing confidence in Bitcoinâs price potential.
ETFs Inflow Highlights:
Total Inflows on Tuesday: $422.5 million
BlackRock's IBIT: $260 million+
Three-Day Total Inflows: $1 billion+
This surge in ETF inflows has coincided with a 20% rise in BTC, reflecting a broader market sentiment shift.
Watch the price closely and stay updated with @Professor Mende - Bonuz Ecosystem Founder !
#bitcoinprice #btc #bitcoin #markettrends #bullorbear
$BTC $ETH l $SOL
đđ TESLA ACCEPTING PAYMENTS VIA DOGECOIN?
A GAME-CHANGING MOVE!
In a groundbreaking announcement, Tesla reveals plans to accept Dogecoin ($DOGE ) as a payment method for select products. On its website, Tesla showcases the Dogecoin symbol next to the order button, signaling a significant stride for cryptocurrency integration into mainstream commerce! đđ
đ DEEP DIVE INTO DOGECOIN: ANALYSIS & INSIGHTS
1ïžâŁ Dogecoin Features & Advantages:
Community-Driven Development: Dogecoin thrives on its dedicated community, fostering growth and innovation.
Low-Cost Transactions: With minimal transaction fees, Dogecoin is ideal for microtransactions and daily use.
Rapid Transaction Confirmation: Dogecoin boasts swift transaction speeds, ensuring quick fund transfers.
2ïžâŁ Market Status & Trend Analysis:
Price Volatility: Dogecoin's value fluctuates widely, influenced by various factors including social media buzz and market sentiment.
Community Activity: Active engagement within the Dogecoin community shapes its market performance and adoption.
Industry Competition: Despite its popularity, Dogecoin faces stiff competition from established cryptocurrencies like Bitcoin and Ethereum.
3ïžâŁ Potential Risks & Challenges:
Market Volatility: Dogecoin's volatility poses risks for investors, potentially leading to substantial losses.
Lack of Practical Use: While Dogecoin enjoys popularity online, its limited real-world utility may hinder long-term growth.
Legal & Regulatory Risks: Uncertain regulatory landscapes could impact Dogecoin's future development and adoption.
In conclusion, while Dogecoin's journey is marked by both challenges and opportunities, its integration into Tesla's payment ecosystem marks a significant milestone in the cryptocurrency's mainstream adoption journey!
What do you think about this move? Will it catapult $DOGE to the top?
Follow @Professor Mende - Bonuz Ecosystem Founder for more updates!
đđł #Tesla #dogecoin #memecoins #bullorbear #markettrends
$shib $FLOKI
A GAME-CHANGING MOVE!
In a groundbreaking announcement, Tesla reveals plans to accept Dogecoin ($DOGE ) as a payment method for select products. On its website, Tesla showcases the Dogecoin symbol next to the order button, signaling a significant stride for cryptocurrency integration into mainstream commerce! đđ
đ DEEP DIVE INTO DOGECOIN: ANALYSIS & INSIGHTS
1ïžâŁ Dogecoin Features & Advantages:
Community-Driven Development: Dogecoin thrives on its dedicated community, fostering growth and innovation.
Low-Cost Transactions: With minimal transaction fees, Dogecoin is ideal for microtransactions and daily use.
Rapid Transaction Confirmation: Dogecoin boasts swift transaction speeds, ensuring quick fund transfers.
2ïžâŁ Market Status & Trend Analysis:
Price Volatility: Dogecoin's value fluctuates widely, influenced by various factors including social media buzz and market sentiment.
Community Activity: Active engagement within the Dogecoin community shapes its market performance and adoption.
Industry Competition: Despite its popularity, Dogecoin faces stiff competition from established cryptocurrencies like Bitcoin and Ethereum.
3ïžâŁ Potential Risks & Challenges:
Market Volatility: Dogecoin's volatility poses risks for investors, potentially leading to substantial losses.
Lack of Practical Use: While Dogecoin enjoys popularity online, its limited real-world utility may hinder long-term growth.
Legal & Regulatory Risks: Uncertain regulatory landscapes could impact Dogecoin's future development and adoption.
In conclusion, while Dogecoin's journey is marked by both challenges and opportunities, its integration into Tesla's payment ecosystem marks a significant milestone in the cryptocurrency's mainstream adoption journey!
What do you think about this move? Will it catapult $DOGE to the top?
Follow @Professor Mende - Bonuz Ecosystem Founder for more updates!
đđł #Tesla #dogecoin #memecoins #bullorbear #markettrends
$shib $FLOKI
đ $1,000,000,000 PUMPED INTO BLOCKCHAIN GAMING đ
Despite cautious investment in Web3 gaming early in the year, April saw a massive influx of $988 million, the highest monthly investment since January 2021. The surge is reminiscent of the early 2021 GameFi boom, driven by new technologies like NFTs and DeFi.
đ Data Highlights:
The recent surge mirrors early 2021 when GameFi anticipated explosive growth. Market capitalization of NFTs skyrocketed by 29 times from 2020 to 2021. Similarly, Ethereum's new Account Abstraction technology and the rise of Layer 3 blockchain solutions are driving current investments.
𧩠Key Players:
Venture capital firms are leading the charge. a16z is raising a $600 million gaming fund, Bitcraft Ventures is launching a $275 million fund, and Ubisoft Studios is diving deeper into blockchain collaborations. User engagement metrics are also robust, with nearly 3 million daily active wallets for gaming dApps and a significant increase in blockchain gamers.
đĄ Layer-3 Solutions:
Layer-3 scaling solutions reduce transaction times and gas fees, enabling zero-gas functionality. Combined with Account Abstraction, these technologies promise a seamless GameFi experience, indistinguishable from traditional Web2 gaming.
đ Future of GameFi:
With substantial financial backing and cutting-edge technologies, blockchain gaming is poised for a new wave of products that prioritize user experience. Layer-3 solutions and Account Abstraction are set to become standard, leading to widespread Web3 adoption and a new development paradigm.
With Bonuz, we're also betting on Layer-3 solutions and account abstractions. The trends and technological advances show us, that we did everything right in developing our project over the last years. Visit Bonuz .xyz to learn more about the smart account wallet and its ecosystem!
Professor Mende
#gamefi #layer3 #markettrends #innovation #bonuz
$SHIB $PEPE $FLOKI
Despite cautious investment in Web3 gaming early in the year, April saw a massive influx of $988 million, the highest monthly investment since January 2021. The surge is reminiscent of the early 2021 GameFi boom, driven by new technologies like NFTs and DeFi.
đ Data Highlights:
The recent surge mirrors early 2021 when GameFi anticipated explosive growth. Market capitalization of NFTs skyrocketed by 29 times from 2020 to 2021. Similarly, Ethereum's new Account Abstraction technology and the rise of Layer 3 blockchain solutions are driving current investments.
𧩠Key Players:
Venture capital firms are leading the charge. a16z is raising a $600 million gaming fund, Bitcraft Ventures is launching a $275 million fund, and Ubisoft Studios is diving deeper into blockchain collaborations. User engagement metrics are also robust, with nearly 3 million daily active wallets for gaming dApps and a significant increase in blockchain gamers.
đĄ Layer-3 Solutions:
Layer-3 scaling solutions reduce transaction times and gas fees, enabling zero-gas functionality. Combined with Account Abstraction, these technologies promise a seamless GameFi experience, indistinguishable from traditional Web2 gaming.
đ Future of GameFi:
With substantial financial backing and cutting-edge technologies, blockchain gaming is poised for a new wave of products that prioritize user experience. Layer-3 solutions and Account Abstraction are set to become standard, leading to widespread Web3 adoption and a new development paradigm.
With Bonuz, we're also betting on Layer-3 solutions and account abstractions. The trends and technological advances show us, that we did everything right in developing our project over the last years. Visit Bonuz .xyz to learn more about the smart account wallet and its ecosystem!
Professor Mende
#gamefi #layer3 #markettrends #innovation #bonuz
$SHIB $PEPE $FLOKI