JUST IN: US Government-linked address may have been compromised, resulting in $20M in USDC, USDT, aUSDC, and ETH being moved unexpectedly.
#USJoblessClaimsDip #BinanceBlockchainWeek #CryptoPreUSElection #BTC67KRebound #EthereumPectraUpgrade

Iran-Israel tensions prompt France to recommends its nationals leave Iran temporarily

Israel vowed Iran would "pay" for its missile strike Iran said the attack was over, barring provocation Israel barred UN's Guterres from entering country The UN Security Council is meeting Israel renewed air strikes on Lebanon and Gaza Hezbollah reported first ground clashes with Israeli forces Israel said eight of its soldiers were killed in south Lebanon Listen to our podcast on Iran's attack on Israel

Iran showed 'exceptional' restraint - Russia's U.N. Ambassador Vassily Nebenzia

#SOLUSDT!
ALMOST 750% PROFIT BOOKED
#BinanceBlockchainWeek #USJoblessClaimsDip #BTCETFDemandSurge #CryptoPreUSElection

MEWUSDT.P
SHORT
Entry 0.011174
TP1: 0.009934
TP2: 0.009410
TP3: 0.008742
TP4: 0.008050
SL 0.011772
#BinanceBlockchainWeek #USJoblessClaimsDip #CryptoPreUSElection #BTC67KRebound #ScrollOnBinance

ARPAUSDT.P
short
ENTRY PRICE 0.05473
TP 0.04473
SL 0.05781
#USJoblessClaimsDip #BinanceBlockchainWeek #CryptoPreUSElection #BTC67KRebound #EthereumPectraUpgrade

$SUI LONG SCALP
SUIUSDT.P
Long
Entry Price 1.7614
TP1: 2.1806
TP2: 2.3782
SL 1.6849
#ScrollOnBinance #XRPDonationsUSElections #APTSurpassesSUI #UptoberBTC70K? #GameFiTokensRally

$SOL
SOLUSDT.P
Long
entry Type 160.94
TP 171.91
SL 157.35
#ScrollOnBinance #XRPDonationsUSElections #APTSurpassesSUI #UptoberBTC70K? #BinanceLabsInvestsLombard

$PEOPLE long
scalp

*PEOPLEUSDT.P*

*LONG*
*ENTRY PRICE 0.07549*
*TP1: 0.08763*
*TP2: 0.09249*
*SL: 0.07385*
#ScrollOnBinance #UptoberBTC70K? #BinanceLabsInvestsLombard #BTC☀

$3.16 Billion worth of BTC Approximately 48000BTC transfered to kraken wallet
what's Comming next
who are they
Germans
Mt.Gox

#ETH_ETFs_Approval_Predictions #Bitcoin_Coneference_2024 #BinanceTurns7 #US_Job_Market_Slowdown
#MtGoxJulyRepayments

#Biden_Out_BTC_Up

lets see.........!

Bitcoin is testing the short-term holders' MVRV support area. Historically, in the majority of cases, this has been a precursor to a continued bull run.
#BinanceTurns7 #BinanceTournament #MtGoxJulyRepayments #Megadrop #Write2Earn!

🎉 Celebrating Ethereum's 10-year anniversary at EthCC!
Co-founders Vitalik Buterin
(https://cointelegraph.com/news/ethereum-cofounders-10-year-anniversary) and Joseph Lubin (https://cointelegraph.com/news/ethereum-cofounders-10-year-anniversary) highlighted the network's evolution, focusing on proof-of-stake, layer-2 scaling, and zkEVMs for better performance.
Challenges remain with solo staking and censorship, but the future looks promising with plans for protocol simplification and mobile light clients.
If you could choose from two main cryptocurrencies, which one would it be?
#BTC_Bounce_Back_to_57k
#Ton_Coin_Surge #BinanceTurns7 #BinanceTournament #MtGoxJulyRepayments

#MarketSentimentToday #Write2Earn! #writetowin #BinanceTournament #LayerZero

As of today, the sentiment in the cryptocurrency market is characterized by a mix of cautious optimism and underlying uncertainty. Several key factors are influencing the current mood:
Market Recovery: After a period of volatility, many major cryptocurrencies, including Bitcoin and Ethereum, have shown signs of recovery. This has boosted investor confidence, although prices remain below their all-time highs.
Regulatory Environment: Regulatory developments continue to play a significant role in shaping market sentiment. Recent announcements from various governments and regulatory bodies around the world have created a sense of caution among investors. Positive regulatory news often leads to market rallies, while stricter regulations can result in sell-offs.

#SOFR_Spike
The recent rise in the Secured Overnight Financing Rate (SOFR) to 5.4%, as reported by the Federal Reserve Bank of New York, indicates a tightening of liquidity and restrictions on overnight borrowing. This rate increase, matching a six-year high, is reminiscent of market dynamics seen in September 2019. At that time, the Federal Reserve intervened by injecting liquidity into the repo market, where institutions borrow and lend funds short-term using U.S. Treasury bonds as collateral.
David Brickell, an executive at FRNT Financial, noted that while this situation is a short-term concern, it highlights the ongoing pressure from excessive government debt and Treasury bond issuance. He suggests that the Federal Reserve will eventually need to end quantitative tightening or balance sheet contraction and resume liquidity injections akin to quantitative easing. Without such measures, the financial system may struggle to manage the current debt levels. Consequently, the Federal Reserve is likely to return to expanding its balance sheet to provide the necessary liquidity.

BTC Price Slips Under $56,000 As Mt. Gox Wallet Transfers $2.7B In Bitcoins
BTC Price Slips Under $56,000 As Mt. Gox Wallet Transfers $2.7B In Bitcoins
Bitcoin price has tanked all the way to $55,000 as Mt. Gox moves 44,700 Bitcoin in the last two hours. The 24-hour Bitcoin liquidations have crossed $200 million.
By Bhushan Akolkar

Mt. Gox wallets, which recently moved 47,229 BTC worth $2.7 billion.
Bitcoin investors are anxious about how Mt Gox creditors will handle their newly received Bitcoins
Bitcoin liquidations have surged to nearly $200 million in the last 24 hours.
Massive selling pressure in Bitcoin persists as the BTC price has crashed another 5.5% in the last 24 hours with its price slipping under $56,000. The recent selling pressure comes as Mt. Gox wallets have become active again and started moving Bitcoins.

As per the recent data from Arkham Intelligence, crypto exchange Mt. Gox transferred 47,229 BTC, worth a staggering $2.7 billion, to a new wallet address “1L7XbxQ” two hours ago. However, the transfer raises questions regarding the exchange’s intentions as similar transfers happened to new wallets earlier in May.

However, after the May transfers, Mt. Gox officially declared that it plans to repay the creditors in early July. As we are finally in July, Bitcoin investors have turned jittery anticipating what the Mt. Gox creditors do with their Bitcoins once they receive them. Interestingly, the Arkham data shows that 2,702 Bitcoin have moved back to a cold wallet belonging to Mt. Gox.

Courtesy: Arkham Intelligence
The recent news around the Mt. Gox repayment and the sell-off by the German government has led to the Bitcoin price volatility with bears gaining the upper hand. PlnaB, the author of the stock-to-flow model noted:

“Yes yes, German government is selling 50,000 btc (10,000 already sold), and Mt.Gox is giving 142,000 btc back to investors (some may sell) … however I see nothing in the data that indicates structural weakness in bitcoin markets”.

#SOFR_Spike #US_Job_Market_Slowdown #MtGoxJulyRepayments

Bitcoin dips as ETFs Break 19-days green streak , Rumble over US Inflation

The price of Bitcoin fell to a weekly low ahead of U.S. inflation data and a Fed meeting set for Tuesday, while United States spot Bitcoin exchange-traded funds (ETFs) recorded their first net outflow in over 19 trading days.

Bitcoin dropped 2.3% over the last 24 hours and hit $68,186 at around 3:00 am UTC on June 11, its lowest point since June 3, according to Cointelegraph Markets Pro.

Other cryptocurrencies followed, with Ether, Solana’s and Dogecoin also falling in the last 24 hours.

Bitcoin’s price over the last week with a drop in early-morning Asia trading hours. Source: Cointelegraph Markets Pro

Bitcoin’s tumble comes after the 11 U.S. spot Bitcoin ETFs recorded a joint net outflow of $64.9 million on June 10 — their first net outflow in a month, according to Farside Investors.

The Grayscale Bitcoin Trust (GBTC) led with $39.5 million net outflows, followed by $20.5 million from the Invesco Galaxy Bitcoin ETF (BTCO) and a minor $3 million outflow from the Fidelity Wise Origin Bitcoin Fund (FBTC).

That came alongside tepid respective inflows of $7.6 million and $6.3 million from Bitwise and BlackRock’s ETFs.

U.S. Bitcoin ETFs June 10 inflow data noted in green. Source: Farside Investors

The U.S. Bureau of Labor Statistics is set to release May figures for its inflation-measuring Consumer Price Index (CPI) on June 11.

Analysts have forecast inflation to rise 0.1% after a 0.5% bump in April, bringing the year-on-year figure to 3.4% with core inflation forecast to rise 0.3% in May, the same as April, Morningstar reported.

The Fed’s monetary policy is also to be decided at a two-day Federal Open Market Committee (FOMC) meeting starting the same day.

Investment research firm Zacks predicted there is no chance the Fed moves on an interest rate cut — with the central bank expected to keep its 23-year high 5.25% to 5.5% target rate.

Source: Cointelegraph