🧱 A lot of resistances above the price on #BTC! $70k resistance was bought and triggered the price to dump.
What bulls want to see is a slow and steady growth without big dumps! Something like this would be perfect: $70000 → $69500 → $71000 → $70000 → $72000 → $71500 → breakout!
Many people fear that Grayscale has up to 2.9 million Ether. If they start discharging, where will the Ether go?
Similarly, when there was a Bitcoin ETF, Grayscale also had more than 600K BTC and started dumping it strongly, so strong that BTC went from $40K to 73K (ATH) two months later.
In the short term, prices will always fluctuate, but if you zoom out, you will know the truth.
Update on zkSync ($ZK ) Current Status: zkSync, a Layer-2 scaling solution for Ethereum, is currently trading at approximately $0.1739 with a market cap of around $638.93 million. The token has seen some fluctuations recently, with a 24-hour trading volume of about $157.70 million (MarketBeat) (CoinMarketCap).
Recent Developments: Binance Listing and Token Distribution Program: Binance has recently listed zkSync (ZK) trading pairs. The exchange has also initiated a token distribution program to address community concerns about the ZK token airdrop. This move comes in response to criticisms regarding the fairness and distribution methods of the airdrop(Crypto Briefing).
Community Criticism: The ZK airdrop faced backlash due to alleged disproportionate distribution and a lack of measures to prevent Sybil attacks. The controversy centers around the belief that long-time users were excluded in favor of newer accounts that met certain balance requirements (Crypto Briefing).
Price Movements: zkSync hit its all-time high of $0.3098 on June 17, 2024, and reached an all-time low of $0.131 on July 5, 2024. The token has been on a recovery path since then (CoinMarketCap). #writetowin
If The Simpson's prediction is correct, this woman will be the next US president
In fact, almost 80% of Donald Trump will be the next president
Still hoping for Donald Trump to become president because it will be very beneficial for Crypto, liquidity for Crypto will be more and Crypto will also be more popular. #Write2Win
Then, 5.11K BTC was transferred to cold wallet (~341.75 million USD)
The fact that MT Gox moved BTC is not surprising, yesterday we saw many small transactions, it is likely that they are testing before sending large amounts to continue repaying the victims.
Congresswoman Lauren Boebert demands proof Joe Biden is still alive by 5:00 pm today.
President Biden announced his withdrawal from the presidential race yesterday on X (twitter), but no one has seen or heard anything from him, the only thing we see is the tweet on X.
$ZK below 0.12 is quite nice If this one pays 100% Air TGE, it will force you to shake off the goods strongly, and in general it can stay sideways for a long time.
But the price below 0.12 is too low compared to the valuation #Write2Win
1/ Although not much, there is about $80M of long fomo position opened in the 68k area In addition, the amount of short positions liquidated after $BTC increased to the 68k5 area was quite small
2/ CLLD of $BTC in the last 5 days is positive 10B$ #Write2Win