$BTC
Today's Market is Going to be Bullish as it has reached a feisty resistance level

#MarketSentimentToday everything bullish #ETC #Binance200M

Donald Trump-Inspired Meme Coins Skyrocket Over 500,000% Following Pro-Crypto Moves.

In Brief
MAGA, a Trump-inspired meme coin, spiked over 500,000% in the last 24 hours.
A crypto trader reportedly made $2.7 million trading MAGA in just three days.
Trump’s political actions and crypto support influenced the market significantly.

MAGA (MAGA), a meme coin inspired by Trump’s campaign slogan “Make America Great Again,” increased by approximately 162% in the last 24 hours. DEX Screener data reveals it is now trading at $0.0006501.

The on-chain tracker platform Lookonchain reported that a crypto trader made $2.7 million in just three days by trading MAGA. They achieved a return on investment (ROI) of 505%.

The trader initially spent $537,500 to buy 6 billion MAGA on May 24 and 25, then sold 1.5 billion MAGA for 744,000 USDT to take profits. Currently, the trader holds 4.5 billion MAGA, valued at $2.51 million.

Mt. Gox moves $840 million in Bitcoin to new wallet.
$BTC

Defunct crypto exchange Mt. Gox transferred 12,240 BTC, valued at approximately $840 million, to a new wallet over the past hour, according to data from Arkham Intelligence. Following the transfer, Bitcoin’s price experienced a minor dip, dropping below $68,500 after surpassing $70,600 on Monday, according to CoinGecko’s data.

The latest movement comes ahead of the repayment deadline set by October 31. Mt. Gox plans to repay its creditors 142,000 BTC, 143,000 BCH, and 69 billion Japanese yen. There is still a substantial balance, worth approximately $9.7 billion, in the wallet.



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Bitcoin

Mt. Gox moves $840 million in Bitcoin to new wallet

by

Vivian Nguyen

3 hours ago

Mt. Gox holds over $9.5 billion in Bitcoin as repayment to creditors nears.



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Defunct crypto exchange Mt. Gox transferred 12,240 BTC, valued at approximately $840 million, to a new wallet over the past hour, according to data from Arkham Intelligence. Following the transfer, Bitcoin’s price experienced a minor dip, dropping below $68,500 after surpassing $70,600 on Monday, according to CoinGecko’s data.

Mt. Gox BTC transfer on May 27 – Source: Arkham Intelligence

The latest movement comes ahead of the repayment deadline set by October 31. Mt. Gox plans to repay its creditors 142,000 BTC, 143,000 BCH, and 69 billion Japanese yen. There is still a substantial balance, worth approximately $9.7 billion, in the wallet.



Market members have speculated that the large release could trigger a sell-off that depresses Bitcoin’s price. However, experts suggest that Bitcoin maximalists could shield the market from the sell-off effects.

Established in 2010 and once responsible for 70% of Bitcoin transactions worldwide, Mt. Gox suffered a devastating cyberattack in 2014, resulting in huge Bitcoin losses for both the exchange and its customers.

How To Trade The Ethereum Rally: 10x Research
$ETH
#EarnFreeCrypto2024
#ETHETFsApproved

The team around lead analyst Markus Thielen points out several key observations.

ETH > BTC Trade:
Bitcoin has seen a modest 3% increase in futures open interest, while Ethereum’s surged by 45%, indicating a strong preference for ETH over BTC as the catalyst of choice. “The trade might be ETH > BTC, as that is the catalyst,” 10x Research notes.

Institutional Moves:
The approval of spot Ethereum ETFs can lead to significant price movements. Even the anticipation has already caused Ethereum futures open interest to increase by $4 billion. As ETF issuers prepare for sufficient capital on launch day, the rally may continue, driving ETH prices higher.

Sectorwide Impact:
The surge in DeFi's total value locked, increasing by $17 billion in a week to $107 billion, is also notable. Lido 

LDO/USD-5.00%

+ Free Alerts

 and Ethena 

ENA/USD

 have seen marked increases in their TVL, implying broader bullish sentiment that extends beyond just Ethereum. Lido (LDO) rallied from $1.50 to $2.60 after the announcement of unstaked ETH ETF approval, with more potential upside left.
Why It Matters: 10x Research’s central thesis is that traders should adopt bullish positions leading up to major events, as historical patterns suggest substantial price appreciations during these periods. “For traders like us, it's essential to quickly throw out the old playbook and adjust to the new reality,” the research firm said.

Eth$ETH might reach new heights

click the picture for more.

6 Ways to Earn crypto on binance.

#EarnFreeCrypto2024
Here are 6 ways to earn crypto on Binance and their benefits:

1) Binance Earn:
Earn interest on your crypto holdings through staking, flexible savings, and locked savings. Benefits include earning passive income without actively trading and generating returns on assets you already hold.

2) Binance Staking:
Lock up your crypto to support blockchain operations and earn staking rewards. Benefits include contributing to network security and potentially earning higher returns compared to savings products.

3)Binance Savings:

Grow your crypto holdings over time with flexible or fixed-term deposits. Benefits include generating a steady stream of passive income with minimal risk and having the flexibility to access your funds easily with flexible savings.

4)Binance Launchpool:

Participate in token launches of new and innovative crypto projects on Binance. Benefits include the potential to get in on promising projects early and earn new tokens.

5 )Binance Affiliate Program:

Earn commissions by referring friends to trade on Binance. Benefits include generating passive income without any upfront investment and leveraging your network to spread awareness about Binance.

6) Binance Learn and Earn:

Enhance your crypto knowledge and earn crypto rewards by completing quizzes and learning modules. Benefits include acquiring valuable knowledge about crypto while earning free crypto.

Ether Hits Highest Inflows in Months: $306M Moved in One Day

#ether
$ETH

Ether (ETH) holders moved their assets to exchanges at the fastest pace in about four months after a rapid 30% rally, likely for short-term profit-taking. According to Nansen Intelligence, on Tuesday, net flows were reported to be 81,840 ETH, approximately valued at $306 million. This marks the highest single-day inflow since January 23 and the third consecutive day of increased inflows. This surge coincides with the soaring anticipation of the approval of U.S. spot ETFs. Analyst David Shuttleworth mentioned that traders capitalize on the swift price increase from around $3,000 to over $3,800.

Gala Games Exploiter Returns $22M in ETH After GALA Token Attack

$GALA

Gala Games received 5,913.2 ETH (around $22.3 million) from the attacker who minted $200 million in GALA tokens on May 20. The attacker had sold a small portion before the wallet was frozen. The return was the result of prompt action by Gala and the enforcement of federal law. Additionally, 4.4 billion of the 5 million minted GALA tokens were frozen using GalaChain’s blocklist protocol. Currently, Gala plans to buy back and burn the GALA tokens with the returned ETH, pending a governance vote. The price of GALA rose by 9.3% this week.

Ethereum Price Analysis: To Buy or Not To Buy Before The ETF?

As the bull run in Ethereum continues for the second day with a 3.49% jump, the altcoin asserts dominion over the $3700 level. Amidst the bull run, the key factor remains the Ethereum Spot ETF and the U.S. SEC.

The market sentiments anticipate a positive outcome as the U.S. SEC is scheduled for VanEck’s application hearing on the Ether ETF. A positive hearing will boost the institutional and retail investment into the asset, just like Bitcoin or Gold, due to the additional credibility. #ETHETFS

With the broader market and the underlying demand teasing the $4,000 breakout for Ether, let’s have a closer look at its chart. Will the ETH price continue the bull run, or will the demand fade after a negative outcome from the SEC?
$ETH
Ethereum ETF Gets Approved

If the U.S. SEC approves the Ethereum ETF this Thursday, the market can go ballistic and give massive returns in altcoins linked to Ethereum. The ETH price itself could see an outstanding rise in demand, propelling it well above $4600 for a new all-time high. 

Polkadot Price Prediction: Is DOT About to Soar Above $10?

#polkadot #PolkadotAnalysis
$DOT

Polkadot (DOT) saw a 7% daily price increase, exceeding the $7.50 mark, with analysts predicting further gains, potentially reaching $10 and beyond.

Analysts such as Michael van de Poppe and Block Diversity envision DOT’s next targets in the $9-$25 range, boosted by the recent introduction of the JAM whitepaper and surpassing important resistance levels.

Numerous analysts noted the asset’s rally, outlining impressive predictions for the near future. One example is the X user Crypto Thanos, who claimed that the $6-$7.50 range was “for accumulating only,” setting $10 as the next target.

Dippy.eth chipped in, too, suggesting that DOT “wants to break out” from the accumulation zone of $6.90-$7.50. In their view, reclaiming the $7.50 mark might lead to “higher levels.” Recall that the asset surpassed that mark a few hours ago and is currently trading at approximately $7.55 (per CoinGecko’s data).

Solana Price Prediction as SOL Becomes 5th Largest Coin in the World – Can SOL Overtake Ethereum?

$SOL
SOL’s chart is in a good position insofar as it has dipped a little in the past hour or so, and is now ready to enjoy another short-term rally.

Its relative strength index (purple) fell close to 50 earlier this morning but is climbing back up again, in a sign of returning momentum.

Also promising is the 30-day average (orange), which continues to rise further above the 200-day (blue), providing the kind of signal that you see during growth spurts.
Another similar signal comes from the resistance (red) and support (green) levels, which are rising in parallel again after Solana began recovering towards the end of last week.

Combined with a volume that has reached $5 billion today, this all suggests that Solana has enough momentum to post gains over the next few days, before correcting little.

Today’s rally comes following positive news recording the possible approval of spot-based Ethereum ETFs this week.

While this news most directly affects ETH, it has undoubtedly increased market-wide bullishness, with some traders believing that it also makes a Solana ETF likelier

Ethereum Price Could Hit $8,000 with ETF Approval: Standard Chartered

$ETH
Bullish Outlook on Ethereum ETFs From Standard Chartered

Geoff Kendrick sounds very confident about the passing of the Spot Ethereum ETF. He places the odds at an 80% to 90% chance. He told The Block, “We think approval is likely: VanEck’s and Ark Invest/21Shares’ applications are due for a decision by the SEC by 23 and 24 May, respectively.” 

Kendrick estimated, “After approval, we estimate that spot ETFs will drive inflows of 2.39-9.15 million ether in the first 12 months after approval,” translating to approximately $15 billion to $45 billion in U.S. dollar terms.

The approval of the Spot Ethereum ETF could mirror what happened to Bitcoin ETFs. Kendrick noted that the percentage increase of inflows against the market cap for Ethereum ETFs would be similar to that of Bitcoin ETFs, which have proven accurate with previous estimates. 

He stated that Ethereum could keep up with Bitcoin as he projected a year-end price target for ETH at $8,000 if Bitcoin reaches $150,000 by the end of 2024. Looking further ahead, Kendrick reiterated the bank’s earlier price target of $14,000 for ETH by the end of 2025, aligning with a Bitcoin price target of $200,000.

Market Reactions and Analyst Insights

The anticipation of Ethereum ETF approval has already influenced the market. The price of Ether shot over 19% in the last 24 hours, up to $3,719. 

Crypto analyst Miles Deutscher also expressed a similar optimism: the crypto might rally to $6,446 by July 23 if ETH follows the same path as Bitcoin post-ETF approval.

“BTC rallied 75% in 63 days after the spot ETF was approved. If ETH follows the same trend, this would take it to $6,446 by July 23,” Deutscher noted.

What’s more, the futures open interest for Ethereum has reached an all-time high, increasing by 35.12% to $15.60 billion, showing that derivatives traders are showing more interest. This surge in open interest underscores the heightened anticipation and bullish sentiment surrounding Ethereum.

GRT Price Retest Phase Aims A Bull Run To $0.50

Story Highlights

GRT price trend shows a bullish trend that is ready to burst with a retest phase. 

The bull cycle reclaims the 23.60% Fibonacci retracement in the weekly chart.

With the post-retest surge, the bull run could surge to the $0.50 mark.

$GRT

Triangle Breakout In Graph Gains Traction

With the GRT price surpassing the overhead trendline, the daily chart shows a triangle breakout. This intrigues the sideline traders into a breakout entry opportunity, with an extended uptrend possibility. 

As the daily chart shows the triangle breakout, the GRT price surpasses the 50% Fibonacci level. Further, the recent dump over the weekends retests the bullish breakout.

Currently, the altcoin trades at $0.3116 with an intraday gain of 3.83% which undermines the fall on Sunday. Further, this marks a post-retest reversal in the Graph token. Hence, the chances of a bull run in this token are higher.

Technical Indicator:

DMI: The VI lines are getting closer, warning of a bearish uprising. However, the ADX line teases a bullish turnaround. 

RSI: The daily RSI line shows a bullish trend approaching the oversold zone. This reflects an undermine increase in demand for the token. 

Will The GRT Price Reach $0.50?

With the overhead trendline breakout rally gaining momentum with a successful retest in the daily chart, the GRT price is hinting at a extended rally.  Based on Fibonacci retracement levels, if the altcoin surpasses the 50% level, it could potentially reach the previous swing high of $0.45. If the bullish momentum continues, it may further advance towards the significant psychological barrier of $0.50.

#GRT Price Retest Phase Aims A Bull Run To $0.50

$GRT
Story Highlights

GRT price trend shows a bullish trend that is ready to burst with a retest phase. 

The bull cycle reclaims the 23.60% Fibonacci retracement in the weekly chart.

With the post-retest surge, the bull run could surge to the $0.50 mark.

Triangle Breakout In Graph Gains Traction

With the GRT price surpassing the overhead trendline, the daily chart shows a triangle breakout. This intrigues the sideline traders into a breakout entry opportunity, with an extended uptrend possibility. 

Tradingview 

As the daily chart shows the triangle breakout, the GRT price surpasses the 50% Fibonacci level. Further, the recent dump over the weekends retests the bullish breakout.

Currently, the altcoin trades at $0.3116 with an intraday gain of 3.83% which undermines the fall on Sunday. Further, this marks a post-retest reversal in the Graph token. Hence, the chances of a bull run in this token are higher.

Technical Indicator:

DMI: The VI lines are getting closer, warning of a bearish uprising. However, the ADX line teases a bullish turnaround. 

RSI: The daily RSI line shows a bullish trend approaching the oversold zone. This reflects an undermine increase in demand for the token. 

Will The GRT Price Reach $0.50?

With the overhead trendline breakout rally gaining momentum with a successful retest in the daily chart, the GRT price is hinting at a extended rally.  Based on Fibonacci retracement levels, if the altcoin surpasses the 50% level, it could potentially reach the previous swing high of $0.45. If the bullish momentum continues, it may further advance towards the significant psychological barrier of $0.50.

#GRT/USDT

aiozom$GAL game$gme$Top Altcoins Below $1 To Stack now for 10x Profits in Q2!

GameStop (GME):

The latest sensational memecoin on the Soalna ecosystem, the GameStop token made its first appearance in the crypto market in January 2024. It was primarily created to pay tribute to the 2021 short squeeze of the GameStop stock.

Mantra (OM):

The Mantra project is a security-first Real World Asset (RWA) Layer-1 blockchain. It is capable of applying real-world rules and regulatory requirements. Further, it offers a permissionless blockchain for permissioned applications.

AIOZ Network (AIOZ):

AIOZ Network (AIOZ) is a DePIN for Web3 AI, storage, and streaming and powers a decentralized future with more security. Further, it awards you for sharing your computational resources for transcoding, sorting, and streaming digital media content.

BOOK OF MEME (BOME):

Introduced as an experimental project to redefine the Web3 culture, the BOME project ensures to be immortalized on the blockchain. Built on the Solana blockchain, the BOOK OF MEME’s BOME acts as a primary storage. Further, it fosters a new dimension of decentralized social media.
Despite losing a significant value of 58.61% from its all-time high (ATH) of $0.0280, the BOME token continues to trade with a Year-to-Date (YTD) return of approximately 1,200%. At the time of writing, the price of BOME memecoin was $0.011448 with a market cap of $795.86 Million.

If the market holds the price above the support level of $0.011350, the bulls will regain momentum and prepare to test its upper resistance level of $0.0132. Conversely, if the bears gain control over the market, it will fall to test its lower support level of $0.01040.

$BOME $OM $

$Legendary Crypto Trader Turns $2,275 into $2.26 Million in Just 8 Hours, Here’s How

A legendary crypto trader known as “sundayfunday.sol” has managed to turn a mere $2,275 investment into a staggering $2.26 million windfall in just 8 hours, according to data from Lookonchain, a top blockchain analytics platform. 

However, this remarkable feat has captured the attention of the crypto community, prompting questions about the investor’s strategy and spurring insider trading allegations.

Mastering Pre-sale Participation

Sundayfunday.sol, widely regarded as a legend in the crypto space, initially gained prominence as the largest pre-sale participant of the cryptocurrency project BOME. Meanwhile, investing $72,000 in the pre-sale, sundayfunday.sol received 1.43B BOME tokens which are almost worth $40 Million. 

Later traders decided to capitalize on the rising value of BOME tokens. Then trader sold out 530 billion BOME tokens, for 38,305 SOL (worth approximately 7.66M). Despite cashing out some of the holdings, sundayfunday.sol remains the dominant holder in the BOME ecosystem, currently holding a substantial 894 billion BOME tokens, valued at $10.5 million.
$BOME