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This Meme Coin Price Is On The Rise: Whales Are Almost Flocking!
According to Santiment's data, whales accumulated 6.57 trillion SHIB in the last month. In the process, Shiba Inu has separated from the altcoin market, rising slightly by 5% in the last 48 hours.
The crypto behavioral analytics platform detailed this bullish trend in a recent report. The overall crypto market has been in a downward trend since June, with prices falling to multi-month lows. Shiba Inu was also affected by this general decline, falling by 43% from its $0.00002945 level on May 29.
The crypto behavioral analytics platform detailed this bullish trend in a recent report. The overall crypto market has been in a downward trend since June, with prices falling to multi-month lows. Shiba Inu was also affected by this general decline, falling by 43% from its $0.00002945 level on May 29.
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👉👉Bitcoin has reached its peak in the last 2 months: What does investor activity indicate? 👈👈
While Bitcoin reached its highest level in the last two months, increasing investor interest attracts attention.
The number of newly created addresses in the Bitcoin network has reached its peak in the last two months. On Friday, July 5, more than 317,000 new addresses were registered on the network, based on 7-day moving average data. In the previous week, only 263,000 new addresses were created.
The intense interest of investors in recent weeks is considered a positive signal for a possible recovery. The increasing number of new wallets, especially as the Bitcoin price falls, may indicate that investors are taking action, turning corrections into buying opportunities.
Increasing interest may be reflected in the price
This increase in the number of new addresses created on the Bitcoin network is interpreted as obvious investor interest. With the increase in the number of new investors, a recovery and rise in Bitcoin price is predicted.
However, transaction fees paid on the Bitcoin network are only a third of those of Ethereum. While the transaction fee paid within 7 days in the Bitcoin network was 1 million dollars, in Ethereum this figure was 3 million dollars.
That is, the increase in the number of new addresses on the Bitcoin network did not greatly affect the number of transactions and amount of activity within the network.
Bitcoin, which has risen 2% in the last 24 hours, is currently trading at $ 58,600.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
While Bitcoin reached its highest level in the last two months, increasing investor interest attracts attention.
The number of newly created addresses in the Bitcoin network has reached its peak in the last two months. On Friday, July 5, more than 317,000 new addresses were registered on the network, based on 7-day moving average data. In the previous week, only 263,000 new addresses were created.
The intense interest of investors in recent weeks is considered a positive signal for a possible recovery. The increasing number of new wallets, especially as the Bitcoin price falls, may indicate that investors are taking action, turning corrections into buying opportunities.
Increasing interest may be reflected in the price
This increase in the number of new addresses created on the Bitcoin network is interpreted as obvious investor interest. With the increase in the number of new investors, a recovery and rise in Bitcoin price is predicted.
However, transaction fees paid on the Bitcoin network are only a third of those of Ethereum. While the transaction fee paid within 7 days in the Bitcoin network was 1 million dollars, in Ethereum this figure was 3 million dollars.
That is, the increase in the number of new addresses on the Bitcoin network did not greatly affect the number of transactions and amount of activity within the network.
Bitcoin, which has risen 2% in the last 24 hours, is currently trading at $ 58,600.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
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German Government Sells Thousands of Bitcoins, Market Concerns Grow
The leading cryptocurrency, Bitcoin, is back on the agenda as the German government continues its significant BTC sales. In this context, 6,306 Bitcoins were sold. Despite the criticism of German parliament member Joana Cotar, the government did not hesitate to take this step.
Data from intelligence platform Arkham shows that large amounts of BTC have been transferred to institutional addresses such as Cumberland and exchanges such as Kraken. The German government made this transfer of 6,306 Bitcoins, worth approximately $362 million. These transfers sparked intense debate in the cryptocurrency community over Bitcoin's potential to influence market behavior.
Data from intelligence platform Arkham shows that large amounts of BTC have been transferred to institutional addresses such as Cumberland and exchanges such as Kraken. The German government made this transfer of 6,306 Bitcoins, worth approximately $362 million. These transfers sparked intense debate in the cryptocurrency community over Bitcoin's potential to influence market behavior.
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👀👀ETH whale made a $50 million transfer: Does it affect the price? 👀👀
$ETH
An Ethereum whale transferred 16,449 Ethereum from Binance, making a $50.3 million transaction.
This massive transaction took place after Ethereum rose above $3,000 and created concern in the market. According to crypto data platform Spot On Chain, this is the first time this whale has transferred such a large amount of ETH and withdrawn its tokens to a different wallet. While spot Ether ETFs were expected to be listed in the USA, this transaction attracted attention. Spot questioned whether this large transfer was a bullish signal for Ethereum. With the launch of spot ETH funds, institutional interest and investment in Ether is expected to increase, driving the price higher.
The Ether price rose 10.11% to $3,113 on July 9, falling to around $2,830 the day before. This rise occurred around the same time as its weekly report was published. The report showed that Ether-linked investment funds received inflows of $10.2 million for the week ending July 5. Asset management firms VanEck and 21Shares updated their filings with the U.S. Securities and Exchange Commission on July 8 to seek approval and list spot Ether ETFs in July.
21Shares also introduced an updated form for its Ethereum ETF. While the filings did not give an exact listing date for US exchanges, it was stated that the ETFs would be launched "as soon as possible after the effective date" of the registration.
Additionally, competition among spot ETH ETF issuers is increasing. On July 9, Invesco and Galaxy set a 0.25% management fee for the Invesco Galaxy Ethereum ETF in a filing.
My dear friends, do not spare your free support. I am trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me.
$ETH
An Ethereum whale transferred 16,449 Ethereum from Binance, making a $50.3 million transaction.
This massive transaction took place after Ethereum rose above $3,000 and created concern in the market. According to crypto data platform Spot On Chain, this is the first time this whale has transferred such a large amount of ETH and withdrawn its tokens to a different wallet. While spot Ether ETFs were expected to be listed in the USA, this transaction attracted attention. Spot questioned whether this large transfer was a bullish signal for Ethereum. With the launch of spot ETH funds, institutional interest and investment in Ether is expected to increase, driving the price higher.
The Ether price rose 10.11% to $3,113 on July 9, falling to around $2,830 the day before. This rise occurred around the same time as its weekly report was published. The report showed that Ether-linked investment funds received inflows of $10.2 million for the week ending July 5. Asset management firms VanEck and 21Shares updated their filings with the U.S. Securities and Exchange Commission on July 8 to seek approval and list spot Ether ETFs in July.
21Shares also introduced an updated form for its Ethereum ETF. While the filings did not give an exact listing date for US exchanges, it was stated that the ETFs would be launched "as soon as possible after the effective date" of the registration.
Additionally, competition among spot ETH ETF issuers is increasing. On July 9, Invesco and Galaxy set a 0.25% management fee for the Invesco Galaxy Ethereum ETF in a filing.
My dear friends, do not spare your free support. I am trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me.
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While Shiba Inu Whales Are Buying, That Altcoin Is Selling!
While the cryptocurrency market has been calm in recent weeks, a contrasting picture has emerged for Shiba Inu (SHIB) and Chainlink (LINK) investors. While SHIB achieved a modest rise, standing out from other altcoins, significant token sales in LINK caused an atmosphere of fear and uncertainty (FUD) in the market. This situation led investors to different expectations for the two cryptocurrencies. In this news, we will analyze the current situation and potential risks for investors by examining the possible reasons behind the rise of Shiba Inu and the sell-off on Chainlink.
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Bitcoin Rise Triggers Bullish Gains in Sui (SUI), Fantom (FTM), and Jupiter (JUP)
Investors follow market movements closely, focusing on altcoins especially for short-term gains.
Sui (SUI) is in a Strong Uptrend$SUI
Sui (SUI) has shown a strong uptrend recently. It successfully retested the critical support line on the daily chart and gained an impressive 11% in the last 24 hours. This movement indicates that Sui can break out of the falling channel pattern in which it is restricted and points to a positive momentum. The Relative Strength Index (RSI) approaching its midpoint indicates increased buying interest. If this trend continues, Sui could break the key resistance at $0.8925 and head towards the recent high of $1.1760.
Sui (SUI) is in a Strong Uptrend$SUI
Sui (SUI) has shown a strong uptrend recently. It successfully retested the critical support line on the daily chart and gained an impressive 11% in the last 24 hours. This movement indicates that Sui can break out of the falling channel pattern in which it is restricted and points to a positive momentum. The Relative Strength Index (RSI) approaching its midpoint indicates increased buying interest. If this trend continues, Sui could break the key resistance at $0.8925 and head towards the recent high of $1.1760.
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The recently popular Blockchain network will collaborate with Polygon
TON Blockchain, whose popularity has increased rapidly this year, is preparing to take a new step to develop the social gaming ecosystem.
By collaborating with Polygon, TON developers will enable the blockchain network to integrate with Polygon's Ethereum Virtual Machine (EVM) compatibility. With this integration, developers aim to expand the reach of the network and increase user engagement across platforms.
UXLink platform, which recently partnered with TON, announced that it has launched the SocialFi project by taking advantage of the Polygon collaboration. UXLink, which has more than 13 million registered users, offers users the opportunity to win various project tokens by participating in games with this initiative funded by TON.
By collaborating with Polygon, TON developers will enable the blockchain network to integrate with Polygon's Ethereum Virtual Machine (EVM) compatibility. With this integration, developers aim to expand the reach of the network and increase user engagement across platforms.
UXLink platform, which recently partnered with TON, announced that it has launched the SocialFi project by taking advantage of the Polygon collaboration. UXLink, which has more than 13 million registered users, offers users the opportunity to win various project tokens by participating in games with this initiative funded by TON.
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Huge Profit of 10,000 Percent from Bitcoin Whale!
A Bitcoin wallet that remained dormant for 10.6 years attracted attention by becoming active again. According to Whale Alert data, when this address became active again, it contained 149 BTC, and the total value of these BTCs reaches $8,590,673.
In the last few months, many Bitcoin wallets have become active again and started to be talked about in the cryptocurrency market. Although the reasons for these wallets to take action are different, the profits they make stand out as one of the most important reasons for this activity. This latest returning wallet made more than 10,400% profit. When he bought 149 BTC in 2013, the value of these BTCs was $81,667. Today, these BTCs are worth more than $8.5 million, making this trader one of the biggest gainers in the market.
In the last few months, many Bitcoin wallets have become active again and started to be talked about in the cryptocurrency market. Although the reasons for these wallets to take action are different, the profits they make stand out as one of the most important reasons for this activity. This latest returning wallet made more than 10,400% profit. When he bought 149 BTC in 2013, the value of these BTCs was $81,667. Today, these BTCs are worth more than $8.5 million, making this trader one of the biggest gainers in the market.
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Ethereum Whale Transfers $50.3 Million from Binance Amid Price Surge
$ETH
This week, an institutional whale made a huge impact on the cryptocurrency market, purchasing $50.3 million worth of Ethereum on Binance and withdrawing 16,449 ETH for it. This significant move was announced by Blockchain data and analytics firm Spot On Chain on Twitter on July 10. This transaction, which took place at a time when the price of Ethereum rose above $ 3,000, can be considered an important turning point considering the fluctuations in the market.
This week, an institutional whale made a huge impact on the cryptocurrency market, purchasing $50.3 million worth of Ethereum on Binance and withdrawing 16,449 ETH for it. This significant move was announced by Blockchain data and analytics firm Spot On Chain on Twitter on July 10. This transaction, which took place at a time when the price of Ethereum rose above $ 3,000, can be considered an important turning point considering the fluctuations in the market.
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Toncoin's 376% Increase in Whale Transactions Points to a Strong Recovery and Future Growth Potential
Toncoin is experiencing a significant recovery with a remarkable 376% increase in whale transactions. This shows that big players' interest in Toncoin is increasing.
Latest data reveals Toncoin's bullish momentum based on technical indicators and price chart analysis. It is observed that there has been a significant increase in whale activity, with a 376% increase in large transactions in the last 24 hours. This increase is evident with 359,000 TONS changing hands in nine large transactions. This increased interest among major investors is considered a positive sign for the asset's potential market performance.
Latest data reveals Toncoin's bullish momentum based on technical indicators and price chart analysis. It is observed that there has been a significant increase in whale activity, with a 376% increase in large transactions in the last 24 hours. This increase is evident with 359,000 TONS changing hands in nine large transactions. This increased interest among major investors is considered a positive sign for the asset's potential market performance.
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🚀🚀Bitcoin (BTC) sellers are trying to keep the price below this level 🚀🚀
$BTC
Bitcoin approached $60,000 on July 10 as bulls struggled for key trend support. Data confirmed that Bitcoin price rose as high as $59,459 on Bitstamp intraday.
The rapid rise in the Asian trading session saw BTC/USD up 1.5 percent at the time of writing as the pair moved away from classic “oversold” conditions. Popular trader Daan Crypto Trades said in his post on July 9: “Watch out for breakouts for the daily RSI at some point in the future.” Likewise, popular trader and analyst Rekt Capital also referred to the RSI divergence.
Daan Crypto Trades pegged $59,000 as the “main price level” to recover, while others pointed to the 58,400 level ahead of resistance near $60,000.
Justin Bennett said: "If BTC can reclaim $58,400, a retest to $60,000-60,700 is likely. Movements between $60,000 and $58,400 will determine whether Bitcoin sees $67,000 or $48,000."
Bennett emphasized that upcoming US macroeconomic data such as Consumer Price Index (CPI) and Producer Price Index (PPI) will be critical events for Bitcoin.
Bitcoin bears form the line of defense. Latest data from CoinGlass showed that liquidity at this key level was weak but increased again in recent hours. Rekt Capital added: "Bitcoin is currently struggling to make an attempt to break the 1.5-month downtrend. BTC price is stuck between both the 99-day and 200-day moving averages."
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
$BTC
Bitcoin approached $60,000 on July 10 as bulls struggled for key trend support. Data confirmed that Bitcoin price rose as high as $59,459 on Bitstamp intraday.
The rapid rise in the Asian trading session saw BTC/USD up 1.5 percent at the time of writing as the pair moved away from classic “oversold” conditions. Popular trader Daan Crypto Trades said in his post on July 9: “Watch out for breakouts for the daily RSI at some point in the future.” Likewise, popular trader and analyst Rekt Capital also referred to the RSI divergence.
Daan Crypto Trades pegged $59,000 as the “main price level” to recover, while others pointed to the 58,400 level ahead of resistance near $60,000.
Justin Bennett said: "If BTC can reclaim $58,400, a retest to $60,000-60,700 is likely. Movements between $60,000 and $58,400 will determine whether Bitcoin sees $67,000 or $48,000."
Bennett emphasized that upcoming US macroeconomic data such as Consumer Price Index (CPI) and Producer Price Index (PPI) will be critical events for Bitcoin.
Bitcoin bears form the line of defense. Latest data from CoinGlass showed that liquidity at this key level was weak but increased again in recent hours. Rekt Capital added: "Bitcoin is currently struggling to make an attempt to break the 1.5-month downtrend. BTC price is stuck between both the 99-day and 200-day moving averages."
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
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👋👋The famous CEO, who said the decline in Bitcoin is temporary, gave a date for 100 thousand dollars! 👋👋
$BTC
While Bitcoin rose above $59,000 in the morning hours, Anthony Scaramucci, founder and CEO of SkyBridge Capital, predicted that BTC will reach $100,000 by the end of the year.
Scaramucci told CNBC that Bitcoin's current decline is due to temporary factors; especially Mt. He emphasized that factors such as Gox's repayments to creditors and the German government's sale of its BTCs were effective. He said that another factor that will support Bitcoin's rise may be the funds coming from FTX soon. FTX creditors, Mt. He added that it would be a positive development for Bitcoin if they would receive payments in cash rather than in kind as in Gox, returning liquidity to the market.
Stating that his $170,000 prediction for Bitcoin is valid, he said: "I think Bitcoin has solid fundamentals in the long run. I think it will reach $170,000 after the halving, but I think it can reach $100,000 by the end of the year. However, BTC has to overcome this difficult process right now." It is necessary."
Stating that FTX will soon distribute approximately $16 billion in cash to investors with accounts, Scaramucci emphasized that this is a very positive development for Bitcoin.
Criticizing Joe Biden, Scaramucci criticized the Democratic Party's reluctance to adopt cryptocurrencies, despite supporting Biden in the US elections. Emphasizing that Bitcoin has a long-term asset potential, he stated that BTC is also very popular among Americans and said: "In the presidential elections to be held in the USA in November, the Democratic Party's stance on cryptocurrencies will be compared to the Republican Party's in terms of voter support." I think it could be a big mistake compared to his attitude."
$BTC
While Bitcoin rose above $59,000 in the morning hours, Anthony Scaramucci, founder and CEO of SkyBridge Capital, predicted that BTC will reach $100,000 by the end of the year.
Scaramucci told CNBC that Bitcoin's current decline is due to temporary factors; especially Mt. He emphasized that factors such as Gox's repayments to creditors and the German government's sale of its BTCs were effective. He said that another factor that will support Bitcoin's rise may be the funds coming from FTX soon. FTX creditors, Mt. He added that it would be a positive development for Bitcoin if they would receive payments in cash rather than in kind as in Gox, returning liquidity to the market.
Stating that his $170,000 prediction for Bitcoin is valid, he said: "I think Bitcoin has solid fundamentals in the long run. I think it will reach $170,000 after the halving, but I think it can reach $100,000 by the end of the year. However, BTC has to overcome this difficult process right now." It is necessary."
Stating that FTX will soon distribute approximately $16 billion in cash to investors with accounts, Scaramucci emphasized that this is a very positive development for Bitcoin.
Criticizing Joe Biden, Scaramucci criticized the Democratic Party's reluctance to adopt cryptocurrencies, despite supporting Biden in the US elections. Emphasizing that Bitcoin has a long-term asset potential, he stated that BTC is also very popular among Americans and said: "In the presidential elections to be held in the USA in November, the Democratic Party's stance on cryptocurrencies will be compared to the Republican Party's in terms of voter support." I think it could be a big mistake compared to his attitude."
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👍👍Famous CEO Sprinkled Water While Making Decisions on Bitcoin: This Price Will Be at the End of the Year! 👍👍
Anthony Scaramucci, CEO of global investment company Skybridge Capital, announced when Bitcoin (BTC) could reach $ 100 thousand.
Anthony Scaramucci talked about Bitcoin in a CNBC program he recently attended.
Emphasizing that Germany and Mt.Gox created a significant sales pressure on Bitcoin, the CEO stated that this pressure may decrease in the next few months. He also stated that Bitcoin miners are already making huge sales, increasing the pressure.
He said that the $8 billion cash that FTX will provide to the market will have a positive impact for cryptocurrency investors and this could be a strong basis for the rise.
He also predicted that the clarification of the US presidential elections in November could trigger a significant rise for the cryptocurrency market.
Scaramucci stated that considering all these factors, Bitcoin could reach $100,000 or even exceed this level by the end of the year.
Bitcoin, which has risen by 1.6% in the last 24 hours, is trading at $ 58,750 at the time of writing.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
Anthony Scaramucci, CEO of global investment company Skybridge Capital, announced when Bitcoin (BTC) could reach $ 100 thousand.
Anthony Scaramucci talked about Bitcoin in a CNBC program he recently attended.
Emphasizing that Germany and Mt.Gox created a significant sales pressure on Bitcoin, the CEO stated that this pressure may decrease in the next few months. He also stated that Bitcoin miners are already making huge sales, increasing the pressure.
He said that the $8 billion cash that FTX will provide to the market will have a positive impact for cryptocurrency investors and this could be a strong basis for the rise.
He also predicted that the clarification of the US presidential elections in November could trigger a significant rise for the cryptocurrency market.
Scaramucci stated that considering all these factors, Bitcoin could reach $100,000 or even exceed this level by the end of the year.
Bitcoin, which has risen by 1.6% in the last 24 hours, is trading at $ 58,750 at the time of writing.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
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💥💥Funding Excessive in Altcoin Project Rising 50 Percent in 2 Days: Is It Time for a Decline? 💥💥
The performance of the altcoin project in the last 2 days has raised questions among investors about the continuation of the rise.
Celestia (TIA) delighted its investors by rising by 48.8% in the last 2 days. The price of TIA rose from $4.97 to $7.42 during this time.
Standing out among the fastest-recovering projects, TIA attracted attention as one of the most rising projects on CoinGecko in the last 24 hours. However, excess funding rates in stock markets have raised expectations of further rises or sudden declines in the future.
Pay attention to funding rates
Market experts cited CoinGlass data when questioning this increase in TIA's price. Average funding rates on exchanges returned to negative territory over the weekend and have since fallen to -0.1231%, back to levels seen in January.
These negative funding rates show that many investors are opening short positions, and comments are made that they may contribute to the rise by providing liquidity. However, an increase in the funding fee paid for short positions could be a factor of pressure as long as prices show resistance and could lead to the closure of bearish bets.
TIA is trading at $6.78 at the time of writing, up 7% in the last 24 hours.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
The performance of the altcoin project in the last 2 days has raised questions among investors about the continuation of the rise.
Celestia (TIA) delighted its investors by rising by 48.8% in the last 2 days. The price of TIA rose from $4.97 to $7.42 during this time.
Standing out among the fastest-recovering projects, TIA attracted attention as one of the most rising projects on CoinGecko in the last 24 hours. However, excess funding rates in stock markets have raised expectations of further rises or sudden declines in the future.
Pay attention to funding rates
Market experts cited CoinGlass data when questioning this increase in TIA's price. Average funding rates on exchanges returned to negative territory over the weekend and have since fallen to -0.1231%, back to levels seen in January.
These negative funding rates show that many investors are opening short positions, and comments are made that they may contribute to the rise by providing liquidity. However, an increase in the funding fee paid for short positions could be a factor of pressure as long as prices show resistance and could lead to the closure of bearish bets.
TIA is trading at $6.78 at the time of writing, up 7% in the last 24 hours.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
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Did Bitcoin Revitalize the Market?
Bitcoin's rise above the 59 thousand dollar level again caused a significant rise in the cryptocurrency market. This move led major altcoins to test support levels, with memecoins and mid- and low-cap altcoins gaining attention. In particular, altcoins such as Sui (SUI), Fantom (FTM) and Jupiter (JUP) were among the prominent ones.
Sui (SUI):$SUI
Sui (SUI) rose 11% to $0.8925 after testing the key support trend line on the daily timeframe. The RSI indicator shows that buying pressure is increasing and indicates that SUI may continue to gain value. If the bulls maintain control, Sui could target the $1.1760 top level, while if the bears take control, the price could decline to $0.6125.
Sui (SUI):$SUI
Sui (SUI) rose 11% to $0.8925 after testing the key support trend line on the daily timeframe. The RSI indicator shows that buying pressure is increasing and indicates that SUI may continue to gain value. If the bulls maintain control, Sui could target the $1.1760 top level, while if the bears take control, the price could decline to $0.6125.
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🚀🚀Bitcoin transfer costs are at their lowest level in four years 🚀🚀
$BTC
Bitcoin transaction fees fell to their lowest level in four years, averaging $38.69 on July 7. This decline coincides with levels last seen at the peak of the COVID-19 pandemic in 2020.
Bitcoin transaction fees vary depending on factors that determine each transaction's revenue for miners and the total number of transactions processed. This drop occurred on July 7, when Bitcoin was trading around $58,200.
According to Ycharts data, on July 7, Bitcoin miners processed a total of 673,752 transactions. 89.7% of these transactions occurred through BTC transactions, while the remaining bandwidth was used by other protocols such as Ordinals (0.7%), BRC-20 (4.1%) and Runes (5.4%).
Bitcoin miner revenue for the day represented 1.14% of trading volume. By taking advantage of the low network difficulty, miners were able to process transactions using relatively less computing power.
According to CryptoQuant, Bitcoin miners began to show signs of capitulation as profit margins narrowed after the halving and BTC approached the $50,000 level. This is defined as the process of miners reducing operational costs or partially selling their earnings.
The CryptoQuant report also noted that miners have experienced a 63% drop in daily revenue since the halving, meaning Bitcoin's underlying block rewards and transaction fee revenues have decreased.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
$BTC
Bitcoin transaction fees fell to their lowest level in four years, averaging $38.69 on July 7. This decline coincides with levels last seen at the peak of the COVID-19 pandemic in 2020.
Bitcoin transaction fees vary depending on factors that determine each transaction's revenue for miners and the total number of transactions processed. This drop occurred on July 7, when Bitcoin was trading around $58,200.
According to Ycharts data, on July 7, Bitcoin miners processed a total of 673,752 transactions. 89.7% of these transactions occurred through BTC transactions, while the remaining bandwidth was used by other protocols such as Ordinals (0.7%), BRC-20 (4.1%) and Runes (5.4%).
Bitcoin miner revenue for the day represented 1.14% of trading volume. By taking advantage of the low network difficulty, miners were able to process transactions using relatively less computing power.
According to CryptoQuant, Bitcoin miners began to show signs of capitulation as profit margins narrowed after the halving and BTC approached the $50,000 level. This is defined as the process of miners reducing operational costs or partially selling their earnings.
The CryptoQuant report also noted that miners have experienced a 63% drop in daily revenue since the halving, meaning Bitcoin's underlying block rewards and transaction fee revenues have decreased.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
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👉👉Binance Announced That It Will Suspend Deposits and Withdrawals Due to Maintenance on This Date! 👈👈
Binance announced that it will perform wallet maintenance as of 10:00 on July 17, 2024.
Binance Will Perform Wallet Maintenance on July 17, 2024
During this period, deposits and withdrawals for all networks will be temporarily suspended. The maintenance is planned to last approximately one hour. Here are the details:
Maintenance Start: July 17, 2024, 10:00Expected Duration: Approximately one hourImpact: Deposits and withdrawals will be suspended for all networks. Token trading will not be affected. Post Maintenance: Deposits and withdrawals will return to normal once the network is confirmed to be stable. There will be no separate announcement regarding reopening.
Users are strongly advised to plan their transactions and stay updated through Binance's official channels for any changes.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
Binance announced that it will perform wallet maintenance as of 10:00 on July 17, 2024.
Binance Will Perform Wallet Maintenance on July 17, 2024
During this period, deposits and withdrawals for all networks will be temporarily suspended. The maintenance is planned to last approximately one hour. Here are the details:
Maintenance Start: July 17, 2024, 10:00Expected Duration: Approximately one hourImpact: Deposits and withdrawals will be suspended for all networks. Token trading will not be affected. Post Maintenance: Deposits and withdrawals will return to normal once the network is confirmed to be stable. There will be no separate announcement regarding reopening.
Users are strongly advised to plan their transactions and stay updated through Binance's official channels for any changes.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
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Attractive Move from the Whale Before the Critical Development: What Does This Foreshadow?
$ETH
Ethereum (ETH) price experienced a significant recovery towards the $3,100 level as it approaches the anticipated approval of the spot Ethereum ETF in the US. Additionally, Ethereum whales are observed providing further support for the ETH price to continue rising.
Ethereum Whale Collected ETH Worth $50 Million
According to on-chain data provider Spot On Chain, an Ethereum whale recently withdrew 16,449 ETH worth $50.3 million from Binance as the ETH price surpassed $3,000. This was the first significant accumulation by a new whale address, the data provider noted. The whale continues to transfer all the ETH it withdraws to a new wallet and keep it there. The timing of this large withdrawal coincides with the expectation that the ETH ETF will likely go live next week and could herald a positive outlook for Ethereum.
Ethereum (ETH) price experienced a significant recovery towards the $3,100 level as it approaches the anticipated approval of the spot Ethereum ETF in the US. Additionally, Ethereum whales are observed providing further support for the ETH price to continue rising.
Ethereum Whale Collected ETH Worth $50 Million
According to on-chain data provider Spot On Chain, an Ethereum whale recently withdrew 16,449 ETH worth $50.3 million from Binance as the ETH price surpassed $3,000. This was the first significant accumulation by a new whale address, the data provider noted. The whale continues to transfer all the ETH it withdraws to a new wallet and keep it there. The timing of this large withdrawal coincides with the expectation that the ETH ETF will likely go live next week and could herald a positive outlook for Ethereum.
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PEPE Coin Attacked Again! These PEPE Alternative Coins Reached a Million Dollar Value
$PEPE
Pepe coin (PEPE) has shown remarkable resilience despite generally negative market conditions. Even though market maker Wintermute sold 702.9 billion tokens on Binance, we saw PEPE gain about 12% to 13%. However, there was a retreat later.
This price increase surprised many analysts and investors because it is generally thought that large sales push prices down. However, this rise of PEPE means that it is happening independently of the overall cryptocurrency market.
Pepe coin (PEPE) has shown remarkable resilience despite generally negative market conditions. Even though market maker Wintermute sold 702.9 billion tokens on Binance, we saw PEPE gain about 12% to 13%. However, there was a retreat later.
This price increase surprised many analysts and investors because it is generally thought that large sales push prices down. However, this rise of PEPE means that it is happening independently of the overall cryptocurrency market.
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🚀🚀Scandalous Exposure in the Altcoin Market: 13 Million Dollar Secret Deal Revealed! 🚀🚀
The allegation made about the altcoin project employee caused great controversy in the cryptocurrency market.
An important scandal broke out in the cryptocurrency world. Famous cryptocurrency investment firm Polychain Capital has disclosed its former general partner Niraj Pant's secret agreement with portfolio company Eclipse Labs.
According to the news reported by CoinDesk Global, Polychain Capital led the $6 million pre-sale round for Eclipse Labs. During this process, Niraj Pant had made a secret agreement allocating 5% of Eclipse tokens to himself. However, this rate was later reduced to 1.33%.
The tokens allocated to Niraj Pant were worth approximately $13.3 million in total.
It was alleged that Pant did not notify Polychain Capital of this agreement and violated company policies. Allegedly, Eclipse Labs CEO Neel Somani offered Eclipse tokens worth $13.3 million to Pant, and Pant accepted this offer.
These tokens were offered as an incentive for Pant to secure financing from Polychain Capital. However, Polychain Capital's investors and limited partners learned that this deal was not transparently disclosed.
Polychain Capital discovered Pant's collusion during the internal audit process. The audit team reviewed Eclipse Labs' financial records and detected abnormalities.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
The allegation made about the altcoin project employee caused great controversy in the cryptocurrency market.
An important scandal broke out in the cryptocurrency world. Famous cryptocurrency investment firm Polychain Capital has disclosed its former general partner Niraj Pant's secret agreement with portfolio company Eclipse Labs.
According to the news reported by CoinDesk Global, Polychain Capital led the $6 million pre-sale round for Eclipse Labs. During this process, Niraj Pant had made a secret agreement allocating 5% of Eclipse tokens to himself. However, this rate was later reduced to 1.33%.
The tokens allocated to Niraj Pant were worth approximately $13.3 million in total.
It was alleged that Pant did not notify Polychain Capital of this agreement and violated company policies. Allegedly, Eclipse Labs CEO Neel Somani offered Eclipse tokens worth $13.3 million to Pant, and Pant accepted this offer.
These tokens were offered as an incentive for Pant to secure financing from Polychain Capital. However, Polychain Capital's investors and limited partners learned that this deal was not transparently disclosed.
Polychain Capital discovered Pant's collusion during the internal audit process. The audit team reviewed Eclipse Labs' financial records and detected abnormalities.
My dear friends, do not spare your free support. I'm trying to bring news like this to you instantly. My only request from you is if there is anyone who still does not follow me, I would be happy if they follow me. Do not forget to like my articles and posts. Thanks.
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