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7 Types of Tokens that will "Unlock Featured Tokens to Watch This Week"
1: ARB (Arbitrum): Unlocking the ARB token is expected to attract attention as Arbitrum is gaining popularity as a layer 2 scaling solution for Ethereum, which could impact its ecosystem.
2: STRK (Strike): Strike is attracting attention as a leading payment platform connecting Bitcoin to the traditional financial system, token unlocking could affect adoption and value its future.
The Rothschild family invested 3.6 million USD in Bitcoin ETF
The Rothschild family, one of the wealthiest and most influential families in world financial history, attracted attention when their investment fund decided to invest a large sum of money in the Bitcoin ETF. With a huge investment of 3.6 million USD, they demonstrate a new interest and approach to the cryptocurrency market. This action of the Rothschild family has created a new investment wave, especially when they cooperated with Grayscale and BlackRock, two famous names in the financial sector.
In the lawsuit between the US Securities Exchange Commission (SEC) and Ripple, the SEC is proposing a fine of up to 2 billion USD against Ripple. This is deemed necessary to ensure legal compliance and shed light on Ripple's financial activities. However, Ripple has proposed a number of response options, including a smaller fine of just $10 million. This proposal has received criticism from the SEC, with the view that small fines do not reflect the seriousness of the violation and are not enough to ensure compliance with the law.
"Mr 100", one of the 12th largest Bitcoin holders, just bought another 2,500 BTC, increasing the total amount of Bitcoin in his wallet after the Bitcoin halving. This whale currently has unrealized profits of $1.3 billion, with his wallet value being over $3.57 billion! 💰 Analysts say Bitcoin's bottom may have been reached, and this is the longest and deepest correction of this cycle. Although there may not be a further decline, there will likely be a period of consolidation within 1-2 months.
After the Halving event in July 2016, after 519 days in December 2017, Bitcoin increased by about 2805%, that is, 28 times. May 11, 2020 was the next Halving, followed by a historic peak on April 16, increasing by about 646% in 339 days. We notice that after each Halving, we have growth, and notice that from one Halving to the next, Bitcoin's growth becomes stronger, shorter in duration. What I expect from here is at least 200%, which is double the current price.
The bull run ended when Bitcoin hit $73,000. Currently, it is likely that the price will drop to around $35-40. Many people don't even realize the consequences of what BlackRock did to those who bought in at the peak price of $73-60. BlackRock is basically playing the long game, but many of its smaller brothers are getting crushed
Liquidity of 150 billion USD! Why is the price of Bitcoin (BTC) falling?
ETF disappointment: The launch of spot Bitcoin and Ether ETFs in Hong Kong failed to meet market expectations.
Low trading volume and negative investor sentiment led to sell-offs. Bitcoin spot ETFs in the US also recorded continuous capital outflows. Increase in short selling: Traders short sell Bitcoin when they believe the price will fall. Increased short selling puts selling pressure on Bitcoin prices, pushing prices lower.
Bitcoin is experiencing selling pressure and could fall below $62,000. The price attempted to break above $65,000 but failed, and is currently trading below the 100 hourly SMA.
Bottom line: Support: $62,400, $62,000
Resistance: $63,350, $64,000, $65,000 Indicator: MACD: Rising in falling zoneRSI: Below 50If it fails to overcome $63,350, Bitcoin could drop to $61,200 and $60,000.
$BTC 🔥🔥🔥🔥🔥🔥🔥 Careful! History is repeating. Remember 2022, when the price of $BTC fell from $48,200 to $16,500 in just a few weeks. In 2024, many predict Bitcoin will rise to $150,000. But learn from the past. Big investors are dominating the market by using the media to drum up optimism. When profits peak, they retreat quickly, leaving others in the dumps.
BTC Surpasses $50K, On-Chain Data Forecasts Major Correction
Bitcoin returns to $50K for the first time since 2021. While the market is excited, analysts have detected bearish signals. The current price of BTC is not considered ideal, with a target of $45,500. Within the past 24 hours, BTC touched the key $50,000 mark, marking a comeback after losing it in 2021. The rise was also a notable recovery from the recent low of $38,700 last month.
Since DO KWON, the Founder of Terra Luna, became the biggest scammer in the history of cryptocurrency, it crashed the Crypto market and had a negative impact that lasted until May 9, 2020. As a result, many people lose money working hard. Although he has been prosecuted, he is still free and needs money for lawyers and delayed justice. Don't invest in a project related to someone who has scammed you and caused you harm. Be careful!
Ten years ago, my friend told me to buy BTC, In 2014, my friend told me to buy ETH, In 2019, my friend told me to buy SHIB In 2022, my friend told me to buy CCDS In 2023, he told me to buy pepe I don't believe it, I think it's a scam. Fortunately, I didn't buy at that time, now the friends who buy BTC and ETH all drive luxury cars worth tens of millions, next to beautiful women, traveling all over the world, which What is this? What is the purpose?
I suddenly received 200 JUP from the airdrop, which made me very happy. But then, I saw many people receiving more, even thousands and 17,000 JUP from others. I started to feel like I wasn't having much fun anymore. Perhaps nothing is bad without comparison 😂 But behind every airdrop profit is the early engagement and contributions of others. Don't just look at the results and ignore the efforts of others.