Anyone who has logged in to $NOT since last week must have drank a lot đđđĽđĽ đĽ Try to guess whether it will continue to increase strongly or go down again #binance #bitcoin #NOT #NOTCOINđĽ $NOT
The US SEC (Securities and Exchange Commission) has approved two cryptocurrency ETFs this year. The financial watchdog approved spot Bitcoin (BTC) ETFs in January and spot Ethereum (ETH) ETFs earlier this month. âˇď¸âˇď¸âˇď¸âˇď¸ đĽđĽThis has opened up discussion on which cryptocurrency will receive #ETFEthereum next, Solana ($SOL ), $XRP or possibly a other cryptocurrencies.
$FLOKI đĽđĽFloki Inu is up more than 20% after launching a Telegram-based trading bot that allows FLOKI holders to trade any token on the BNB Chain network.
đŞđŞAccording to Coindesk, Floki Inu developers announced that they have launched a Telegram-based trading bot that allows owner $FLOKI to trade with any token on the BNB Chain network.
âˇď¸âˇď¸A developer from the FLOKI team said that the Telegram-based bot plans to roll out to a small number of users during the beta testing period to find and resolve any technical errors.
The feature will then roll out to all users in mid-June, he shared, adding that the bot service will be expanded to other blockchains including $ETH and Base.
Cardano's native cryptocurrency ADA is trading around the $0.45 mark on Monday. Top altcoins are mostly flat with little to no price spikes on the charts.
-- It last hit an all-time high of $3.09 in September 2021 and lost most of its gains afterward. The million dollar question now is- when will Cardano's ADA hit its ATH' and reach a new all-time high? In this article, we will highlight a tentative timeline for when #ADA could next breach the $5 mark.
đľđľđľThe price of #bitcoin has cooled after rising to as high as 71,000 $USD following news of $ETH ETF approval last week.đŞ
âˇď¸âˇď¸âˇď¸âˇď¸Interestingly, Bitcoin whales seem to be waking up from their slumber as they have loaded their pockets with a significant amount of $BTC over the past few days. Could the return of whale appetite push #bitcoin to a new record high price ?
đŹđŹAn analyst with the nickname Quicktake shares that whale #bitcoin is showing increasing buying demand and is active in the market.
đŹđŹThe metrics analysts look at are total whale holdings and a moving average that tracks the 30-day percentage change in balance.
đ§đ§In Quicktake's post, the on-chain analyst noted a recent increase in the monthly percentage change of whale addresses and a steady increase in total whale balances. #binance #bitcoin $BTC
âˇď¸âˇď¸âˇď¸âˇď¸âˇď¸đľđŹđľđŹđŚ đ¤đ¤đ¤đ¤ After hitting a new ATH two months after spot Bitcoin ETFs were approved in January, Bitcoin price has dropped 22% but still recorded strong support near $60,000.
đ§đ§According to the analytics company, this support level is significantly influenced by the behavior of new whale groups. They argue that price trends and actual supply across different groups of Bitcoin addresses drive market dynamics and impact future prices.đŞđŞ
- CryptoQuant analyst shared a chart that shows the actual price trends of new whales, old whales, and addresses with balances exceeding 10,000 $BTC . đľđľ
⢠Real price of new whalesđŹ: The green line represents new whales, defined as addresses with an average coin age of less than six months and holding more than 1,000 $BTC . The real price has increased significantly significantly, closely tracking Bitcoin's market price, showing continued accumulation at higher prices.
⢠Actual price of old whalesđŹ: The orange line represents old whales, which are addresses with an average age of more than six months and holding more than 1,000 BTC. Actual prices have remained relatively stable, suggesting that these Bitcoin holders have a stable and lower average cost base.
⢠Real Price of Wealthy WhalesđŚ: The purple line represents addresses with balances above 10,000 $BTC . This line shows a steady increase in line with the overall upward trend in the market.
đŤ¨đŤ¨đŤ¨The Solana ecosystem ($SOL ) is suffering from decline. Over the past 24 hours, SOL has seen a 5% drop, pushing its price to as low as $166.20. The latest price drop is part of a larger correction that began two days ago.
- This change is reflected in the trading pair $SOL /$ETH , which has dropped 22.65% since the SEC action. Such potential changes in investment focus could divert capital away from Solana, affecting market dynamics and the company's price performance.
!!!However, analysts like James Seyffart believe that the Solana ETF could see more demand than other altcoins.
Expert predictions for June 2024
âˇď¸âˇď¸âˇď¸Despite the current bearish trend, crypto experts remain cautiously optimistic about Solana's prospects in the coming month. Projections indicate that SOL could recover. The asset is expected to trade at a minimum price of $176.90. The potential average cost is around $192.49 by June 2024. Meanwhile, the altcoin will trade as high as $208.07 next month. #binance #ETH #SOLđĽđĽđĽđĽ
!!!With the daily trading volume of $NOT , it is likely that in the near future it will still decrease but not significantly.
Those who charge high prices can only try to wait out this initial period and wait for it to stabilize. But I don't really expect that high KL result. đŤĽđŤĽđŤĽ $NOT #binance #NOT
According to history, after the recent "halving" #btc there were signs of growth and from now until the end of the year there will be 2 scenarios đ¤đ¤
Price increase scenario:
Historically: Based on previous halvings, many analysts predict that the price of $BTC could increase significantly within 12 to 18 months after the "halving" event. Some optimistic forecasts suggest that prices could surpass all-time highs, possibly reaching $100,000 to $200,000 or higher.
Neutral scenario:
Stable and slightly increasing: Some more cautious analysts predict that the price of $BTC may increase steadily but not explosively, due to competition from other cryptocurrencies and global market fluctuations. #btc #EarnFreeCrypto2024 #bitcoin #halvingBTC $BTC