Crypto Prices Today 30 May 2024: Bitcoin, Ethereum to Solana Drop
The prices of Bitcoin and other top cryptocurrencies were observed to experience a decline on Thursday, 30 May 2024. The majority of the top cryptocurrencies were observed to be in the red zone.
Quoting data from Coinmarketcap, (30/5/2024) the cryptocurrency with the largest market capitalization, Bitcoin (BTC) was observed to weaken today. Bitcoin's value plunged 1.97 percent in 24 hours and 4.09 percent in the week. Currently, the price of Bitcoin is at IDR 1,096,906,867.32.
The next top crypto, Ethereum (ETH) is also observed to be sluggish. ETH declined 2.85 percent in the past day, and 1.11 percent in the week. The current price of ETH is around IDR 61 million per coin.
Then Stablecoin Tether (USDT) declined 0.81 percent in 24 hours and 1.50 percent in the last 7 days. USDT price is pegged at Rp. 16,215.60.
Binance coin (BNB) also fell 1.67 percent in the last 24 hours and 4.55 percent in the week. This makes BNB priced at IDR. 9,672,061.56 per coin.
Meanwhile, Solana (SOL) also decreased 0.78 percent in a day and 6.97 percent in a week. Currently, the price of SOL is at the level of Rp. 2,726,259.09 per coin.
Today's crypto prices, such as the stablecoin USD coin (USDC), were observed to be sluggish by 0.81 percent in 24 hours and 1.45 percent in 7 days, and are now priced at around IDR. 16,232.52 per coin.
Meanwhile, XRP percent fell 0.86 in 24 hours and 2.15 percent a week. XRP is now priced at IDR 8,515.54 per coin.
Weakening also occurred in the Meme Dogecoin (DOGE) coin. In the last day DOGE fell 1.90 percent and 2.67 percent a week. This makes DOGE trade at IDR 2,662.52 per token.
Meanwhile the crypto Shiba Inu (SHIB) recorded growth of 0.18 percent in a day and 8.49 percent in 7 days at a price of IDR. 0.4517.
Cardano (ADA) is now in the red zone, with a drop of 2.03 percent in the day and 7.84 percent in the week. The ADA price is currently at IDR 7,334.31 per coin.
Limited Strengthening, Following is ATA Coin's Crypto Performance until May 29, 2024
Automata is a high-performance computing protocol that empowers Web 3.0 applications and businesses with privacy-first and high-assurance transactions.
Reporting from Coinmarketcap, Automata provides the functionality and infrastructure needed to realize the vision of a Web 3.0 experience. This can address the lack of transparency in data ownership, censorship into personal privacy. Automata has its ecosystem's native crypto token called ATA Coin.
ATA Coin Price
Based on data from Coinmarketcap, Wednesday (29/4/2024) ATA Coin increased slightly by 0.06 percent in the last 24 hours. The price of ATA Coin is currently at IDR 2,743 with a trading volume in the last 24 hours of IDR 56.2 billion.
ATA Coin has a market capitalization of around IDR 1.34 trillion. To date, there has been a circulating supply of around 488 million ATA Coins out of a maximum supply of 1 billion ATA Coins.
Who is the Founder of Automata?
Automata was founded in 2019 by a team of blockchain developers and researchers, including previous founding members of Ziliqa. Co-founder Zheng Leong Chua holds a PhD in computer science from the National University of Singapore, while fellow co-founder Deli Gong previously worked at Ziliqa as infrastructure lead.
The total team consists of 11 people and has been a Web3 Grant recipient (2020), Web 3.0 Bootcamp participant (2020), Berkeley Blockchain Xcelerator (2021), and Polkadot Decoded Mainstage speaker (2021). The team's investors include well-known names such as KR1, Alameda Research, founded by FTX CEO Sam Bankman-Fried, IOSG Ventures, Divergence Capital, Genesis Block Ventures, and Jump Trading.
What Makes Automata Unique?
Automata Network aims to be recognized as a privacy service for DeFi and Web3 with its privacy middleware proposition. It aims to fill a gap in the market by providing a privacy-focused solution that integrates with existing blockchain infrastructure in an intuitive and seamless way. #coinmarketcap
$NOT Has broken through $ 0.01, it won't be long before we see this coin go to 0.05 easily, those who don't have it yet, please buy it on the dip, don't miss out, a seagull will become a dragon.
From this coin we learn, nothing is impossible to achieve even in a relatively short time as long as we are consistent with what we do.
Bitcoin ETF Issuers Control 5% Of Total BTC Supply
Recent reports reveal that Bitcoin Spot ETF issuers now control around 5% of the total BTC supply.
These conditions highlight the rising demand and adoption of BTC Spot ETFs in the market, offering institutional investors a relatively low-risk portfolio allocation for acquiring BTC.
Analysts in the market predict that an increase in BTC accumulation by ETF issuers and demand from institutional investors could drive a potential increase in BTC prices and start a bull run.
Data from Dune Analytics, reveals that the total on-chain holdings or Bitcoin holdings on blockchain owned by BTC Spot ETF issuers in the United States reached around 842,000 BTC, with a value of around $57.8 billion.
Specifically, US Bitcoin ETFs hold 4.27% of the current BTC supply, while global BTC ETF issuers overall hold approximately 1,002,343 BTC according to data by MicroStrategy Founder and Former CEO, Michael Saylor.
Saylor revealed that the 32 Bitcoin Spot ETFs now collectively hold around one million BTC which is a new milestone for the financial industry.
Interestingly, global ETF holdings are currently five times larger than Saylor's BTC assets of 214,400 BTC, with a value of $15 billion.
Most BTC Spot ETFs held in the US are controlled by leading asset management firms such as BlackRock, Grayscale, and Fidelity Investments.
A report from Arkham Investments, shows that Grayscale and BlackRock are among the largest ETF holders in the world.
Grayscale Bitcoin Trust (GBTC) holds about 288,084 BTC while BlackRock iShares Bitcoin Trust (IBIT) holds 284,027 BTC.
Other Spot Bitcoin ETF issuers holding BTC include Fidelity Wise Origin Bitcoin BTC (FBTC) with 154,370 BTC, Active Bitcoin Futures Strategy ETF (ARKA) with 48,444 BTC, and Bitwise Bitcoin ETF (BITB) with 36,092 BTC.
Overall, the data shows that Americans are still the largest owners of BTC ETFs.
Maximum 3 rounds of arbitrage per day one binance account during the activity
Profit margin may fluctuate during the activity but not less than 10%.
The minimum sending volume of the arbitrage smart contract is 0.3 ETH and the maximum sending volume is 200 ETH.
The activity will continue until a contract pool of 600,000 BNB is issued (expected until JUN 2024).
After the activity is over, if you send ETH to the smart contract, your coins will be automatically returned to your wallet and no profit will be generated.
That's the information that can be conveyed wisely investing
On May 23, the monitoring system detected that Binance had added a new port for Toncoin (TON). CoinDance first reported this development, noting that this detection is preliminary and does not confirm a final listing.
Detected ports are identified by the symbol TON and the name Toncoin, which operate on the Toncoin network. The information was crawled on May 22, 2024, at 17:04:27 UTC. Meanwhile, an official announcement from Binance is pending, and the community is advised to remain patient for further updates.
While Binance Toncoin's listing remains unconfirmed, its market performance suggests positive prospects for the cryptocurrency. Toncoin changed hands at $6.30, reflecting a 5% intraday decline. Despite this decline, Toncoin posted gains exceeding 200% year-to-date, partly due to its integration with Telegram, a messaging app that has around 900 million users.
Looking ahead, Toncoin's Total Value Locked (TVL) has now surpassed a staggering $218 million, a testament to the network's widespread adoption. This strong growth has led market experts to predict a continued upward trend, potentially reaching $9 by 2025, injecting optimism into the cryptocurrency's future.
Additionally, Santiment data shows a 110% increase in TON active addresses over the past six months, indicating strong network activity. Telegram's recent Notcoin ($NOT ) listing could drive TON's visibility and adoption.
Toncoin faces resistance between $6.52 and $7.23, with $6.00 and $5.56 providing support. However, the Relative Strength Index (RSI) 56 indicates a possible upward movement. Therefore, projections suggest that if a bullish trend emerges, Toncoin could surpass $7.23, possibly reaching the $9 milestone.
$NOT According to my prediction this coin will soar this weekend for those of you who don't have it yet, hurry up.
because at the beginning of June $NOT coin looks like it will jump sharply.
Several factors will cause this coin to soar 1. Airdrop phase 1 has opened 2. Collaboration with X 3. Mining bots opened in June 4. Collab with several Crypto Games 5. Dil with Retail and agencies 6. News about $TON coin which will enter the Binance market 7. Durov's name as the owner and CEO of Telegram has had a big influence on the success of TON coin
Don't listen to what people say, just listen to your heart. invest wisely