Durov was detained in France🤯

He faces up to 20 years for refusing to work with the special services, he is a citizen of France

Against this background, TON fell by 15%📉

DOGS ON BINANCE🤯🔥

Dogs (DOGS) - new project on Binance Launchpool

Users will be able to stake BNB, FDUSD in separate pools to receive DOGS within 3 days.

📆 Staking period: August 23 03:00 - August 26 02:59 (Kiev/Moscow time)

Supported pools:

- BNB pool: 18,700,000,000 DOGS (85%)
- FDUSD pool: 3,300,000,000 DOGS (15%)

Arthur Hayes bought ATH for 2.9 million$ 🚀
Finally started to understand technology 🤵

ATH zero risk👌

🇺🇸 US inflation fell to 2.9%, below expectations

Previous figure: 3.0%.

Bull?)

💎BINANCE LISTING STATISTICS IN 2024

▫️ I made an interesting table with listings on Banana for 2024 and it is extremely depressing. For the entire time, FDV of only one token has grown over such a long period and this is the hyped $JUP.

▫️Holding is becoming extremely unprofitable in such a suspended period of the market and it is not clear when it will all fly and whether it will fly at all, since there is clearly not enough liquidity for everything, there are too many projects. We still can’t wait for the Alt season and whether it will happen at all is a big question.

$518M EARNED BY BOTS, pump fun and MEV from the memcoin market on Solana🤯🔥

Trading bots (bonk, photon, bullx, etc.) - $229.8M
Pump Fun - $89M
MEV bots - $200M

In recent days, pump fun, despite some criticism from the community, continues to extract more than $1M in commissions per day.

At the same time, the number of coins that mature (getting from Pump Fun to Raydium) has decreased to negligible values.

During the Musk/Trump speech - with pump fun only 1 token was able to grow yeah (the only word that was spoken during Trump's long monologues - Elon Musk) - while on a trading volume of $10M - the token was able to grow to a peak of $1M+ and fell back to $200K-$300K.

Toncoin on Binance Launchpool🔥

Cryptocurrency exchange Binance has announced the 56th project on Binance Launchpool — Toncoin (TON).

Users will be able to stake their BNB and FDUSD in separate pools to farm TON tokens for 20 days, starting August 15, 03:00.

​Old miner just moved $14 million worth of 2010 bitcoins🤯📈

Hodled from $0.20 to $57,000.
What a legend! 🔥

STARKNET CEO RESIGNING🤯

Just a few minutes ago, starknet CEO announced that he was resigning. The reasons for his departure are unknown. Most likely, the CEO does not see any growth prospects for the project, since it has lost almost all its users over the past six months.

Also some bad news for the project. The starknet-based ZKX protocol announced its closure a couple of days ago. Let me remind you that $7m was invested in the project.

It looks like the end of the story for this project. We'll see📉

BTC-ETF trading volume exceeded $3.85 billion in the first 3 hours🤯📈

Cumulative trading volume for spot Bitcoin ETFs in the US was nearly $4 billion after a 3-hour trading session, according to SoSoValue.

The main part came from the IBIT fund from BlackRock - $2.2 billion.
The total trading volume of Bitcoin ETFs is almost 7 times greater than that of Ethereum-based ETFs.

ALL FACTORS OF THE MARKET FALL. FALL ANALYSIS📉⁉️🤯

➖ Recession: Recent US unemployment data indicate a possible recession, raising risks for investors.

➖ Monetary Policy: The Fed may cut rates by 50 basis points, while Japan is on the path to raising rates, strengthening the yen (a safe haven asset).

➖ Bond market: Investors are moving into long-term bonds as they expect faster rate cuts.

➖ Middle East: Potential conflicts in the region are increasing the demand for defensive assets.

➖ Large players: Berkshire Hathaway sold some shares of Apple, which alerted the markets.

➖ Seasonality: August and September are traditionally weak months for the market.

➖ Large sales: Mt. Gox continues to distribute funds that may participate in the market drain. Genesis Global and related companies are distributing approximately $4 billion in crypto and cash as part of bankruptcy proceedings

➖ Correlation with the stock market: with the arrival of funds with their spot ETFs in crypto, the correlation between the crypto markets and funds has increased and now the fear there is transferred even more strongly into crypto.

OVERNIGHT BTC FALLED BELOW 50K. WHILE THERE IS PANIC IN THE MARKET, LET'S CHECK OUT THE STATISTICS📉🤯

- The amount of liquidations exceeded $850 million over the past 24 hours.
- The fear index dropped from 74 (greed) to 26 (fear) over the week.
- Market capitalization during the same period fell by $500 billion ($1.8 trillion).
- Bitcoin dominance - 57.45%.

As for me, now there must be a rebound. There is simply nowhere to go further. There is already a lot of fear in the market, a lot of imprisoned people, and a huge number of liquidations. So I expect that now we will grow within a week, and then we will need to look at the macroeconomic situation in the world

BTC 52k, ETH $2100. WHAT TO DO AND WHY WE FALL!?️🤯

Hi all. And this is an urgent inclusion. Over the past 24 hours, the market has fallen by more than 15%. Many are now sitting in huge minuses on viola

WHY ARE WE FALLING?️
The fall, in my opinion, was provoked by a precarious position in many matters. Every day there are new wars and missile attacks, presidential elections in the USA, and not the best indicators in their economy. All this puts enormous pressure on the BTC rate and the entire market as a whole.

WHAT TO DO!?️
I advise everyone to calm down, buy off the bottom (if there is money left to pay off) and move on to other things. When panicking, do not take any action. Remember, panic in the market is temporary, and you have to live with your nerves for the rest of your days.

Hugged everyone. I believe in BTC at 80k soon. Every dip will be purchased!

⚡️ BITCOIN FALLED BELOW $61,000: REASONS AND CONSEQUENCES

Today, Bitcoin fell below $61,000, leading to the liquidation of long positions worth more than $260 million. Here are the main reasons for the fall:

1) Rising unemployment rate in the USA:
- The US unemployment rate reached 4.3%, which is higher than expected.
- This indicates the possible onset of a recession in the US economy, which led to a fall in the stock and crypto markets.

2) Strengthening of the Japanese yen:
- The Bank of Japan raised interest rates for the first time in 17 years.
- Investors are withdrawing funds from American stocks and other risky assets.

3) Fear of World War III:
- In 2024, fear of the Third World War appears for the fifth time.
- In times of uncertainty, investors avoid risky assets.

4) Bitcoin distribution Mt. Gox and Genesis:
- BTC distribution Mt. Gox is close to completion, but Genesis distribution has begun.
- Yesterday, more than $1 billion worth of BTC was sent, which the market perceived as a signal for a new collapse.

ETH 6000$ SOON⁉️

Ethereum Could Reach $6,000 Thanks to ETFs📈

According to the head of research at Sygnum, Katalin Tischhauser, the price of Ethereum ($ETH) could rise to $6,000 if positive investment flows into Ethereum spot ETFs continue in the coming months.

🇺🇸 “The US Treasury has reasons to consider adding Bitcoin to its portfolio,” Bloomberg editorial.

Bull?)

Bitcoin mining difficulty updated ATH🤯📈

Today there was a recalculation of the difficulty of Bitcoin mining. The indicator updated its historical maximum and reached 90.67 T (+10.5% from the last date of change).

The current average hashrate in the network of the first cryptocurrency is 635.34 EH/s.

33,964 BTC were transferred from Mt.Gox wallets💎

Bankrupt cryptocurrency exchange Mt.Gox sent 33,964 BTC ($2.25 billion) to an unknown address, according to Arkham Intelligence.

The company also transferred 47,229 BTC worth $3.13 billion to its other wallet.

Donald Trump raised $25,000,000🤯

Trump collected 25m$ from Bitcoin 2024 conference participants after promising to create a reserve stock of BTC in the US and fire SEC head Gary Gensler if he wins the election.

As for me, Trump is the most bullish scenario for crypto. What do you think?