🚨 64M STRK Token ($70M) Unlock on June 15: Stay Cautious! 🚨

On June 15, 64 million STRK tokens, worth approximately $70 million, will be unlocked at UTC time. This amount represents around 5% of the current circulating supply.

⚠️ Trading Alert: Exercise caution when trading during this period as the significant influx of tokens may impact the market.

Link: https://token.unlocks.app/starknet

#Starknet #strk/usdt #STRK #Unlock $STRK

🌟 Historic Ruling: Indian Court Confirms Cryptocurrency Transactions Are Legal! 🚀

The Supreme Court of India has made a landmark ruling, confirming that cryptocurrency transactions are not illegal. This decision marks a new era for the crypto market in India, encouraging investment and financial innovation.

📈 Impact on the Crypto Market

Domestic Market: Expected to grow significantly.Global Influence: Helps in legalizing and increasing acceptance of cryptocurrencies worldwide.

Recognition from a major economy like India boosts global investor confidence in the crypto market.

🔗 Read more details at https://t.me/aitekanalytics
#TopCoinsJune2024 #binance #CryptoNews🚀🔥

Curve's $140 Million CRV at Risk of Liquidation!
🚨 Financial Crisis - Michael Egorov, the founder of Curve Finance, faces the potential liquidation of $140 million in CRV. He has borrowed $95.7 million in stablecoins (mainly crvUSD) across five accounts on five different protocols.
💰 Interest Burden - Egorov pays up to $60 million annually to maintain his open positions on Llamalend, creating a massive financial burden and pushing him into a precarious situation.
📊 Liquidation Pressure - At current rates, Egorov's positions are at significant risk of liquidation if CRV's price drops, potentially causing a major shock to the cryptocurrency market.
🌍 Impact on the Community - This event affects not only Egorov but also has the potential to send ripples through the DeFi community.
🚀 Can Egorov overcome this financial crisis? This is a pressing question within the cryptocurrency community.
For more details, you can read more on https://t.me/aitekanalytics
#TopCoinsJune2024 #CryptoCurrurencyNews #CRVUSDT #cryptotrade

Crypto World Shock: Terraform Labs and Do Kwon Face $4.5 Billion Fine!
🚨 Major Shock - Terraform Labs and its founder Do Kwon have agreed to pay $4.5 billion to settle a civil lawsuit with the U.S. Securities and Exchange Commission (SEC). This is one of the largest cases in cryptocurrency history.
⚖️ Ban on Trading Securities - If the judge accepts this settlement, Do Kwon and Terraform Labs will be prohibited from buying or selling any cryptocurrency securities.
🔍 Criminal Charges? - It remains unclear whether the U.S. Department of Justice will pursue criminal charges against Do Kwon. This is complicated by the fact that Do Kwon has been hiding in Montenegro 🇲🇪 and resisting extradition orders for the past two years.
🌍 Crypto Community Shocked and Concerned - This event has made many investors reconsider the transparency and responsibility within cryptocurrency projects.
Source https://t.me/aitekanalytics
#TopCoinsJune2024 #FTX #TerraformLabs #SEC

🪙🪙🪙 Bitcoin Faces $60K Plunge Threat as Bid Liquidity Wanes in 3% Dip! 📉📈
💰 Bitcoin's recent dip below $68,000 has analysts concerned, with support at $69,000 failing (https://cointelegraph.com/news/bitcoin-drops-etfs-lose-inflow-steak-us-inflation-fed-meeting) to hold once again. The lack of significant bid support is raising alarms, with some warning of further losses down to $60,000.
💰 Keith Alan from Material Indicators highlighted the thin bid support, indicating vulnerability in BTC's strength. The rejection of $69,000 support (https://coingape.com/blog/btc-price-at-a-crossroads-breakout-or-breakdown/) and loss of the 21-day moving average underscore the current downward trend.
💰 The upcoming U.S macroeconomic data and the Federal Reserve's interest rate decision are potential catalysts for further volatility in Bitcoin's price action.
➡️ However, some traders remain cautiously optimistic. Credible Crypto suggests that with spot absorption and liquidity dynamics, BTC may find support around $65,000 (https://cryptorank.io/news/feed/6e079-bitcoin-futures-experience-spike-net-short-interest), possibly avoiding a drastic drop to $60,000.
LINK (https://cointelegraph.com/news/btc-price-risks-60k-bitcoin-bid-liquidity-new-3-dip)
#bitcoin #btc #TopCoinsJune2024 $BTC

Bitcoin Spot ETF 🇺🇸 UPDATE
🗓️ June 11,2024
Source: FARSIDE UK

🔴 Grayscale (GBTC) -121M USD
🔴 ARK (ARKB) -56.5M USD
🔴 Bitwise (BITB) -11.7M USD
🔴 Fidelity (FBTC) -7.4M USD
🔴 VanEck (HODL) -3.8M USD
⚪️ BlackRock (IBIT) 0.0 (Source HODL15CAPITAL)
⚪️ Invesco (BTCW) 0.0
⚪️ Franklin (EZBC) 0.0
⚪️ Valkyrie (BRRR) 0.0
WisdomTree (BTCO)
———————————
UPDATE 🔴 - 200.4M USD
🟢 BUY 🔴 SELL ⚪️ Nothing
#BTCETF #bitcoin #btc $BTC

Donald Trump Commits to Championing Bitcoin Mining If Re-Elected
In a recent interview, former President Donald Trump made a surprising commitment to support Bitcoin mining and other cryptocurrencies if he wins the presidency again. This marks a significant shift from his earlier stance favoring traditional currencies over digital assets.
Key Highlights:
Shift in Stance: Trump has previously shown a preference for traditional currencies but now sees potential in cryptocurrencies.
Recent Experiences: His positive experiences with crypto transactions, such as selling high-end sneakers for Bitcoin, have influenced this change.
Regulatory Environment: Trump hinted at a more favorable regulatory environment for cryptocurrencies, which could lead to broader acceptance and integration into the global economy.
This newfound support from Trump could potentially reshape the cryptocurrency landscape in the United States, encouraging more mainstream adoption and investment.
Source: Bitcoin Magazine. (https://bitcoinmagazine.com/business/donald-trump-commits-to-championing-bitcoin-mining-in-dc)
#TINTUC #DonaldTrump #CBDC

📉 Bitcoin Daily Chart Analysis

Analysis:

Resistance Level: 68,310 USD (Fibonacci 0.236)
Support Levels: 66,053 USD (Fibonacci 0.382) and 62,405 USD (Fibonacci 0.618)
Currently, Bitcoin's price hovers around 67,445 USD. The trend indicates a possible further decline, potentially reaching the support level at 62,405 USD if it fails to hold above 66,053 USD. Since the recent peak of 71,958 USD, Bitcoin has decreased by approximately 6.3%.

Exercise caution in your decisions and stay tuned for significant economic news expected in 10 hours.
$BTC #btc #bitcoin #TINTUC

🔡🔶 Why Is BNB Price Down Today? 🔡
1️⃣ Decline in Activity on BNB Smart Chain:
⏺Transaction Volume: Down 21% in the past 30 days.
⏺Unique Active Wallets (https://dappradar.com/rankings/chains) (UAWs): Down 14% to 1.46 million.
⏺Total Value Locked (https://defillama.com/chain/BSC) (TVL): Decreased by 6.8%, currently at $4.83 billion.
2️⃣ Reduced Binance Market Share:
⏺Trading Volume: Down 83%, from $61.05 billion on March 15 to $10 billion on June 10.
⏺Market Share: Dropped 17.3%, to $1.68 trillion in May.
3️⃣ Legal Challenges:
⏺Ongoing legal issues in the US and Nigeria affecting investor confidence.
4️⃣ Profit-Taking by Investors:
⏺Investors took profits after reaching new highs.
⏺Further decline possible if the $600 support level is breached.
📊 Recent Price Movement:
⏺From May 30, 2024, to June 11, 2024, BNB's price fell about 15%, from $720 to $612,currently at $600. Link (https://cointelegraph.com/news/why-is-bnb-price-down-today)
$BNB #binance #TopCoinsJune2024

💥 WARNING: TOKEN UNLOCK SCHEDULE FOR 11/6
🔔 Today, June 11th, multiple tokens have been unlocked with varying values and circulation rates. Please take note:
Artem 🚀
Unlock Amount: 2.24M ARTEMUnlock Value: $11.3KCirculation Rate: 60.9%
Delysium 💎
Unlock Amount: 8.33M AGIUnlock Value: $1.97MCirculation Rate: 28.0%
iMe Smart Platform 🌐
Unlock Amount: 1.27M LIMEUnlock Value: $94.3KCirculation Rate: 100.0%
Internet Computer 💻
Unlock Amount: 2.42M ICPUnlock Value: $25.8MCirculation Rate: 41.3%
ivendPay 💸
Unlock Amount: 7.92M IVPAYUnlock Value: $154KCirculation Rate: 20.1%
ivendPay 💸
Unlock Amount: 6.8M IVPAYUnlock Value: $132KCirculation Rate: 20.1%
Magic Square 🧩
Unlock Amount: 1M SQRUnlock Value: $231KCirculation Rate: 18.9%
Masa 📈
Unlock Amount: 13.9M MASAUnlock Value: $1.38MCirculation Rate: 19.6%
Neutron 🔬
Unlock Amount: 3.06M NTRNUnlock Value: $1.88MCirculation Rate: 16.9%
Ordibank 🏦
Unlock Amount: 7.33M ORBUnlock Value: $78.1KCirculation Rate: 34.5%
Ordibank 🏦
Unlock Amount: 2.67M ORBUnlock Value: $28.4KCirculation Rate: 34.5%
Reality Metaverse 🌟
Unlock Amount: 3.33M RMVUnlock Value: $61.3KCirculation Rate: 33.3%
Reality Metaverse 🌟
Unlock Amount: 3.33M RMVUnlock Value: $61.3KCirculation Rate: 33.3%
Trade Race Manager 🏁
Unlock Amount: 1M IOIUnlock Value: $22.8KCirculation Rate: 71.3%
📝 General Insight: The unlocking of a large number of tokens can create selling pressure in the market, potentially lowering their value in the short term. Please consider carefully before making any trading decisions.

#TopCoinsJune2024 #binance

🪙🪙📰📰📰 Bitcoin Spot ETF Flow Update - June 10, 2024
🟡Grayscale (GBTC): Sold $39.5M
🟡Bitwise (BITB): Purchased $7.6M
🟡Ark & 21Shares (ARKB): No activity
🟡Franklin (EZBC): No activity
📖 Pending Updates:
🟡 Hashdex (DEFI)
🟡 BlackRock (IBIT)
🟡 Fidelity (FBTC)
🟡 Galaxy Digital (BTCO)
🟡 Valkyrie (BRRR)
🟡 VanEck (HODL)
🟡 WisdomTree (BTCW)
➡️ Current Total: Net Sell of $31.9M
📉 Analysis
🏓 On June 10, 2024, Grayscale (GBTC) sold $39.5M, indicating possible profit-taking. Bitwise (BITB) bought $7.6M, showing investor confidence. Ark & 21Shares (ARKB) and Franklin (EZBC) reported no activity. Pending updates from several major funds suggest stability. Overall, net sell was $31.9M. LINK (https://farside.co.uk/?p=997)
#bitcoin #btc #binance $BTC

CRYPTOCURRENCY MARKET UPDATE: SUMMARY OF LIQUIDATIONS IN THE PAST 24 HOURS 🚀📉
JUNE 11, 2024
In the past 24 hours, the cryptocurrency market has witnessed a significant wave of liquidations totaling $141.24 million.
📊 LIQUIDATION DISTRIBUTION BY CURRENCY:
Bitcoin (BTC): $22.30 million
Ethereum (ETH): $24.15 million
Solana (SOL): $6.43 million
Binance Coin (BNB): $4.45 million
Ordinal (ORDI): $2.97 million
⏳ LIQUIDATION SUMMARY BY TIMEFRAME:
Past 1 hour: $47.46 million (Long: $45.95 million, Short: $1.51 million)
Past 4 hours: $51.77 million (Long: $49.79 million, Short: $1.97 million)
Past 12 hours: $94.52 million (Long: $78.72 million, Short: $15.80 million)
Past 24 hours: $141.24 million (Long: $119.87 million, Short: $21.37 million)
📌 DETAILED INFORMATION:
Number of traders liquidated in the past 24 hours: 69,960
The largest single liquidation order occurred on Binance with the ETH/USDT pair, valued at $6.60 million.
Source: Coinglass 📈
$BTC
$ETH
$BNB

Technical Analysis of BTC/USDT Chart - 10/06📈
Price Trend and Candlestick Patterns
Price Trend: Decrease from $72,144.00 to $69,491.30 after a strong upward move.
Candlestick Patterns: Indicating indecision, with potential for either continued decline or reversal.
📊 Trading Volume
Volume: Decreasing during the consolidation phase, possibly preparing for a strong move.
📏 Fibonacci Retracement Levels0.236
Level: $69,287.400.382
Level: $68,933.300.5
Level: $68,774.500.618
Level: $68,615.700.786
Level: $68,143.80
📉 Current Price and Resistance
Current Price: $69,491.30, slightly above the 0.236 Fibonacci level ($69,287.40).
Resistance: At the 0.5 and 0.618 levels, $68,774.50 and $68,615.70 respectively.
📊 Indicators
Bollinger Bands: Price near the middle band, indicating potential volatility.
MACD: Decreasing bearish momentum, suggesting a possible reversal.
Stochastic RSI: Near oversold region, potentially a buying opportunity if it crosses back above the oversold threshold.
📌 Conclusion
Bitcoin is in a consolidation phase. Fibonacci levels are key support and resistance points.
🔍 Recommendation
Entry: $69,491.30 (current price)
(TP): $70,550
(SL): $68,933
$BTC #binance #btc #bitcoin

Significant Decline in Bitcoin on Exchanges Over the Past 10 Days
🗓 From May 30, 2024, to June 10, 2024, the Bitcoin balance on exchanges dropped from 2.55 million BTC to 2.49 million BTC, representing a decrease of about 2.35% in just 10 days. This notable shift reflects a change in user behavior.
📉 This downward trend is not random:
Users are moving Bitcoin off exchanges.
The purpose might be for safer storage in personal wallets or participation in decentralized trading platforms.
🔒 Safer storage:
Withdrawing Bitcoin from exchanges and transferring it to personal or cold wallets helps users better protect their assets.
📈 Market impact:
Supply on exchanges decreases while demand may increase, potentially driving Bitcoin prices higher.
Conclusion:
The rapid reduction in the amount of Bitcoin on exchanges could create positive market fluctuations. Stay tuned to develop the best strategy.
$BTC #binance #btc #bitcoin

😏😞😚🙊😌😀😋 🎆BNB, TON, FIL, and INJ can go much higher if Bitcoin price flips $69.000
😀 Bitcoin (https://cointelegraph.com/binance-coin-price-index) is attempting to flip the $69,000 level into support, which could drive BNB, TON, FIL, and INJ higher. Currently, Bitcoin has dipped from $72,000 to above $69,000. A weekly gain of 2% suggests ongoing bullish sentiment despite resistance challenges.
😀 Bitcoin (https://cointelegraph.com/binance-coin-price-index)'s sharp decline indicates bear activity at higher levels. Support at the 20-day EMA (https://www.tradingview.com/chart/?symbol=BINANCE%3ABTCUSDT) ($68,603) suggests bulls see dips as buying chances. A strong rebound from this level could push BTC/USDT towards $73,777 resistance, potentially triggering rallies to $80,000 and $88,000.
😀 (https://cointelegraph.com/binance-coin-price-index)Farside Investors data shows roughly $1.7 billion (https://cointelegraph.com/news/bitcoin-etf-flows-will-send-btc-price-into-parabolic-run-traders-say) in inflows into spot Bitcoin exchange-traded funds highlight strong investor interest. However, Bitcoin fell on June 7, which pulled several altcoins lower. Trader Daan Crypto Trades said in X post that Bitcoin’s open interest dropped by $1.3 billion (https://cointelegraph.com/news/btc-price-69k-dip-wipes-1-3-b-bitcoin-open-interest) and Ether’s by $800 million during the fall. This decline does not seem to have unnerved investors (https://cointelegraph.com/news/crypto-market-traders-united-states-labor-employment). Link (https://cointelegraph.com/news/bnb-ton-fil-inj-can-go-higher-bitcoin-price-69k)


#binance #bitcoin #ETH #bnb

Ethereum Chart Analysis (June 10)
#ETHUSDTis currently trading in a bullish flag/parallel channel. We are waiting for a breakout before entering any trades.

🔻 Reduction scenario:

If $ETH breaks below the $3650 support, we could see a drop to the $3152 level, which is the final fair value zone (FVG).

🔺 Increase scenario:

If#ETHholds $3152, we could see a move towards $4000.

A break above the $4000 resistance could trigger a sharp upward move to the $6000-$7000 range.

Keep a close eye and stay updated on price action.
$ETH #etherreum

#binance

Key Economic Calendar Events to Watch This Week (June 10-16)
This week's economic calendar is packed with pivotal events that could shape market sentiments and investor strategies. Here's a breakdown of the key events to keep a close eye on:
Tuesday, June 11, 2024
13:00 - USD - 10-Year Note AuctionYield: 4.483%Insight: The 10-year Treasury note auction reveals investor apprehensions regarding long-term inflation and economic stability.
Wednesday, June 12, 2024
08:30 - USD - Core CPI (MoM) (May)
Actual: 0.3%Forecast: 0.3%Previous: 0.3%Insight: Core CPI meeting expectations suggests steady underlying inflationary pressures.
08:30 - USD - CPI (MoM) (May)
Actual: 0.1%Forecast: 0.3%Previous: 0.3%Insight: Lower-than-expected CPI growth hints at potential easing of inflation in the broader economy.
14:00 - USD - FOMC Economic Projections & Statement
Insight: The Fed's updated economic projections and policy statement will offer critical insights into future monetary policy decisions.
14:00 - USD - Fed Interest Rate Decision
Actual: 5.50%Forecast: 5.50%Previous: 5.50%Insight: The Fed's decision to maintain the interest rate indicates a cautious approach amid economic uncertainties.
Thursday, June 13, 2024
08:30 - USD - Initial Jobless Claims
Actual: 222KForecast: 229KPrevious: 229KInsight: Lower-than-expected jobless claims signal a resilient labor market, supporting economic growth prospects.
08:30 - USD - PPI (MoM) (May)
Actual: 0.1%Forecast: 0.5%Previous: 0.5%Insight:
Friday, June 14, 2024
11:00 - USD - Fed Monetary Policy ReportInsight: The report will provide a comprehensive overview of the Fed's policy outlook and current economic conditions.
Summary
This week's economic events offer a nuanced view of the economic landscape. While some indicators point towards easing inflation, others highlight the resilience of the labor market. The Fed's decisions and statements will be closely monitored for cues on future monetary policy. Investors should stay vigilant as these developments can significantly influence market dynamics and investment strategies. 📊📈

🏦 ACTIVITIES OF BTCETFS ORGANIZATIONS ON JUNE 6, US 🏦
Transaction Data
BlackRock (IBIT):BUY: 349.9 million USD 🛒
ARK (ARKB): SOLD: 96.6 million USD 📉
Grayscale (GBTC): SOLD: 37.6 million USD 📉
Fidelity (FBTC): BUY: 3.1 million USD 🛒
Bitwise (BITB): SOLD: 3.1 million USD 📉
VanEck (HODL): BUY: 2 million USD 🛒
Franklin (EZBC), WisdomTree (BTCO), Invesco (BTCW), Valkyrie (BRRR): NO TRADE: 0 million USD
🚫Cash Flow Conclusion
Total buying: 355 million USD 💰
Total sales: 137.3 million USD 📉
Net cash flow: +217.7 million USD 📈
General perception
Active Participation From Large Organizations:
BlackRock led the way with a large purchase, 349.9 million USD 🛒, showing strong confidence in the future of the cryptocurrency market. This could boost the confidence of other individual and institutional investors.
Fidelity and VanEck also expressed optimism with purchases, albeit in smaller amounts. 🛒
Profit Taking Actions from Some Organizations:
ARK and Grayscale, with large selling transactions, may be implementing a profit-taking strategy after achieving expected profits 📉. This reflects a conservative or portfolio rebalancing strategy.
Bitwise also participated in selling, albeit only in small amounts, indicating a slight adjustment in investment strategy. 📉
Franklin, WisdomTree, Invesco, and Valkyrie had no trades for the day 🚫
General Conclusion
Positive net inflow of +217.7 million USD 📈 shows a positive trend on the day, with optimism from major institutions indicating confidence in the long-term development of the cryptocurrency market.
#bitcoin #GBTC #StartInvestingInCrypto $BTC

Technical Analysis of Bitcoin (BTC/USD) Chart
📈 Price Trend and Candlestick Patterns
Price Trend: The chart shows an Elliott Wave pattern with the price currently at $71,101.84. The price appears to be in the fifth wave of an upward trend.
Candlestick Patterns: The recent candlestick formations suggest bullish momentum, but caution is warranted as the price nears previous high levels.
📊 Trading Volume
Trading Volume: The trading volume has been relatively stable, supporting the bullish trend.
📏 Fibonacci Retracement Levels
Fibonacci retracement levels are drawn from a low of approximately $63,507.73 (wave 2) to a high of approximately $71,753.35 (wave 3). These levels help identify potential support and resistance areas:
0.236 Retracement Level: $70,550.65
0.382 Retracement Level: $69,806.61
0.5 Retracement Level: $69,205.26
0.618 Retracement Level: $68,603.92
0.786 Retracement Level: $67,747.26
📉 Current Price and Resistance
Current Price: The current price is $71,101.84, which is above the 0.236 Fibonacci retracement level of $70,550.65.
Resistance: The next resistance level is the previous high at $71,753.35.
📊 Moving Averages
SMA: Short-term SMAs are supporting the bullish trend.
📌 Conclusion
The chart indicates a strong bullish trend with the price in the fifth wave of an Elliott Wave pattern. If the bullish momentum continues, the next target could be around the previous high of $71,753.35. However, if there is a retracement, support levels to watch would be the key Fibonacci retracement levels: $70,550.65 (0.236), $69,806.61 (0.382), and $69,205.26 (0.5).
🔍 Bullish Scenario:
Entry Point: $71,101.84 (current price)
Take Profit (TP): $71,753.35 (previous high)
Stop Loss (SL): $70,550.65 (0.236 Fibonacci retracement level)
Bearish Scenario:
Entry Point: If the price retraces to the support at $69,205.26 (0.5 Fibonacci retracement level)
Take Profit (TP): $71,101.84 (current price)
Stop Loss (SL): $67,747.26 (0.786 Fibonacci retracement level)
These TP and SL points will help manage risk and maximize potential profits in your trades.
#btc #bitcoin $BTC

😉😌Bitcoin Bull Run Poised for Boost as Global Liquidity Hits Record $94 Trillion

💎
Bitcoin’s ongoing bull run may gain momentum as global liquidity reaches an all-time high of $94 trillion, according to Philip Swift, creator of LookIntoBitcoin. Swift's analysis, published on June 5, highlights that the global M2 money supply now exceeds its previous peak, standing $3 trillion higher than when Bitcoin hit $69,000 in late 2021.

➡️
This surge in liquidity, rebounding from the $85 trillion low in late 2022, signals favorable conditions for BTC price appreciation. Swift emphasizes the significant role of global liquidity trends in driving Bitcoin's market performance, suggesting that the current environment is ripe for further upside in BTC prices.

➡️
As Bitcoin recently rose to $71,005, nearing its all-time high, Novogratz believes the cryptocurrency is set for significant gains, especially with bipartisan agreement on the need for crypto legislation.

#bitcoin #btc #binance $BTC