The Only BTC 🧐

Peter Brandt, a seasoned technical analyst renowned for his insights into the crypto market, has raised a thought-provoking perspective regarding the trajectory of the Bitcoin bull market. In his analysis, Brandt suggests that the recent peak of $73,800 reached in March might signify the culmination of this bullish cycle. He introduces the concept of "exponential decay," a phenomenon where the magnitude of growth diminishes by a constant percentage over time. Applying this notion to Bitcoin's historical price movements, Brandt observes a recurring pattern aligned with the cryptocurrency's four-year cycle, often associated with halvings.

Throughout Bitcoin's existence, it has undergone several bull runs, each subsequent one exhibiting a gradual decline in its potency, approximately 80% less powerful than its predecessor in terms of price appreciation. Drawing from this historical trend, Brandt posits that if this statistical constant holds true, the recent all-time high of $73,800 on March 14, 2024, could potentially represent the zenith of this current bull market phase.

However, Brandt is quick to acknowledge the speculative nature of such predictions, attributing a 25% likelihood to this scenario. Nevertheless, his analysis prompts investors and enthusiasts alike to consider the possibility of a market shift, urging caution and vigilance amidst the ever-evolving landscape of cryptocurrency. As Bitcoin continues to captivate the attention of global markets, insights from seasoned analysts like Brandt serve as valuable guideposts in navigating the complexities of this dynamic digital asset.

#BTC #Bitcoin #BTC_MARKET_UPDATE #Priceanalysis #Crypto

🚀 #BTC Update 📈

Breaking News: Bitcoin (BTC) has surged to a remarkable new all-time high of $80,000, marking a significant milestone in its journey towards mainstream acceptance.

📊 **Analysis**: This surge comes amid growing institutional interest, with companies like Tesla, MicroStrategy, and Square adding BTC to their balance sheets. Additionally, the recent approval of Bitcoin futures ETFs has provided a further boost to investor confidence.

🔮 **Future Predictions**: Analysts remain bullish on BTC's future, citing factors such as limited supply, increasing demand, and growing adoption as key drivers for continued growth. Some forecasts even suggest BTC could surpass $100,000 by the end of the year.

💡 **Takeaway**: As Bitcoin continues to establish itself as a legitimate asset class, investors are advised to stay informed, remain patient, and consider the long-term potential of this revolutionary digital currency.

#Bitcoin #BTC #ETFs✅ #FuturePrediction 🌐

The TON team dropped $600,000 to NFT traders and owners

💎 The TON Foundation has distributed 105,600 $TON (approximately $600,000) to the most active traders and NFT owners on the Getgems, xRare, and TON Diamonds marketplaces.

💍 Rewards were shared among 2,061 users who traded or held NFTs on these platforms from April 11 to April 23.

💧To be eligible for the airdrop, a wallet had to perform at least two NFT transactions during the specified period.

⏺ A point system was implemented to determine the size of the airdrop for each beneficiary. Points were awarded based on criteria such as the number of NFT collections sold, the number of NFT transactions made, the total trading volume of NFTs, the percentage of purchases, and the quantity and value of NFTs in the balance.

👝 Wallets that were NFT owners and had sold them were excluded from the airdrop, prioritizing active traders instead. Details are available in the project's blog.

#TON #Airdrop #NFT #Crypto

Renzo team modifies airdrop terms following community criticism

👀 The Renzo team has modified the terms of their $REZ asset airdrop. They've increased 💪 the initial distribution from 5% to 7% after receiving criticism about the developers and the depegging ezETH.

Here are the detailed changes:

⏺ The token claim date is now set for April 30, 2024. Tokens can be claimed one hour prior to the asset's listing on the Binance exchange.

⏺ Community share of $REZ tokens will increase to 32% from the previous 30%.

⏺ The overall airdrop volume will be 12%, distributed as 7% in the first stage and 5% in the second.

⏺ Token share for Binance Launchpool platform users will stay at 2.5% of the total supply.

🧑‍💻The developers have set the minimum participation threshold at 360 points, which is achievable by 99% of addresses.

Addresses holding over 500,000 points will receive 🙀 only 50% of their tokens during the TGE. The remaining tokens will be gradually unlocked over the next three months. 🧐

#TGE #BinanceLaunchpool #REZ #ETH #Airdrop‬

Transaction fees on the TON network have been reduced by 2.5 times

🧑‍💻 Developers of the blockchain The Open Network (TON) have announced a 2.5-fold ⬇️ reduction in transaction fees within the network. This decision was approved by the validators.

✔️ The size of transaction costs will change depending on the cost of the native token in US dollars. At a price of 1 $TON at $7, the fee for the first transaction with Jettons will be ~$0.06, and for subsequent ones — ~$0.04.

👍 Additionally, starting from April 16, there is a special discount on transactions with USDT based on $TON : 0.02 $TON instead of 0.032 $TON for the first transaction and 0.0145 $TON for subsequent ones.

👀 Currently, Toncoin is trading at $5.5, having decreased by 6.5% over the past 24 hours.

#TON

Airdrop farming is a strategy in the cryptocurrency space where users receive tokens for free or for completing certain tasks. Free airdrops are typically used as a marketing tool to increase awareness and distribution of a new token. Users simply hold another token or sign up to become eligible without any upfront cost. For example, the recent Octoblock USDC airdrop rewards presale holders, emphasizing community engagement.

Paid airdrops, on the other hand, require users to engage in specific behaviors or hold certain tokens to qualify. These might include staking, liquidity provision, or participating in a presale. The JPEG’d DAO is considering airdrop farming strategies that involve deploying part of its treasury to earn potential airdrops, which is a form of paid participation.

The anticipation of airdrops can significantly affect the market. For instance, Solana’s price surged past $200 amid expectations of an upcoming airdrop3. This illustrates the impact airdrops can have, not just on individual wallets but on the broader market dynamics. #Aird‬⁩ops #farming #BinanceLaunchpool #TokenFarming

The cryptocurrency market has been experiencing a significant downfall in recent days, with most coins experiencing a dip in their value. This has caused great concern among investors and traders, who are now eagerly seeking any information on upcoming price predictions. Among the coins that have been affected by the market downturn is Binance Coin (BNB), one of the top 10 cryptocurrencies based on market capitalization. BNB has seen a considerable drop in its value, and investors are now wondering about its future price outlook.

In light of the current market situation, there have been numerous speculations and forecasts about the future price of BNB. Some experts believe that BNB might continue to decline in the short term and reach new lows before bouncing back to its previous highs. This argument is based on the overall bearish sentiment in the market and the lack of positive catalysts for BNB in the near future. However, other analysts have a more optimistic view, predicting that BNB will not only recover but also outperform its previous highs by the end of the year.

One of the factors that may contribute to the recovery of BNB is the thriving ecosystem of the Binance platform. Binance, the largest cryptocurrency exchange in terms of trading volume, has been continuously expanding its services and offerings, attracting a significant number of users. With more users comes higher demand for BNB, the native token of the Binance ecosystem. This could potentially drive the value of BNB back up, especially if Binance continues to introduce new features and partnerships in the coming months.

Another crucial factor to consider when predicting the future price of BNB is its use case. BNB has been gaining traction as a means of payment on various platforms, both within and outside the Binance ecosystem. As the adoption of cryptocurrencies continues to grow, BNB might see an increase in its utility and demand, which could positively impact its price. #BNB #Binance #CryptoMarketImpact #pricepridiction

#MyFirstFeedPost Hello, Binance Square!

SOL is getting attention to investors in the market. Likely to gain surge in near future.
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