Hi, Upcoming weeking is critical for globle markets Specially Wednesday July 31, 2024. We have 20 High impect news on coming Wednesday. Some of the key news are highlighted in the attached SS. Try to avoide trading or use SL.
@everyone Everytime a big move which has nothing to do with news, hits the market.. people get scared, they panic sell their alts to USDT and to BTC... that's why both of those dominances have risen recently. No big shock in that #altcoins $BTC
The recent announcement of the delisting of PNT by Binance caught us off guard and frankly it's a disappointing turn of events. It's not the end we had in mind for our journey with Binance.
Despite this setback, we would like to reassure our community: #pNetwork remains up and running and secure.
Since its launch, pNetwork has processed over $1.08 billion in cross-chain transactions, $7 million in the last month alone. Our mission is far from complete.
We're not standing still. We are actively working on a restructuring plan and a new roadmap. These steps are critical to adapting to changing market conditions and ensuring the resilience and growth of $PNT and pNetwork.
We're committed to our community and the future of pNetwork. This is a bump in the road, not the end of the journey.
900 Bitcoin are issued daily, and you can see Blackrock's move into their cash supply from last night into Bitcoin, buying the dip. Now, they mostly hold Bitcoin.
The key point is 11,500 BTC were sucked from the system in 2 days by 1 player.
That alone is approximately 13 days of supply.
In addition, IBIT Spot ETF only managed an average of 25% of the volume over two days - so we can assume 46K in 2 days was sucked out (yeah, I know $GBTC impacted this). Â Net net, if this pace continues, we're facing a severe supply crunch.
Assuming 11,500 x 4 = 46,000 or 23,000 per day, that's 25.56 times the daily production consumed by US ETFs per day alone... forget about retail investors, other global ETFs etc.
Ignore the price fluctuations; this asset is incredibly hard, and if this continues, we will face an extreme supply crunch. #Bitcoin ETF launch was a huge success (despite egregious GBTC fees)
Injective protocol's $INJ token surged nearly 29x this year, marking substantial growth in its ecosystem.
With 2024 anticipated as the year of airdrops, I believe Injective ecosystem airdrops might soon gain momentum.
⥠While many threads have showcased airdrop strategy and tokenless dApps on Injective, here's a compilation of 12 tokenless projects gathered from diverse airdrop strategy threads out there:
Sen. Elizabeth Warren: "Mr. Velez. What do you have to say about the fact that #Bitcoin is open to all, including criminals who can use it's innovation for nefarious purposes?"
Mr. Oliver Velez: "Ma'am, it has been documented that 80% of all U.S. dollars in circulation have trace elements of cocaine on them and you're asking me about the nearly non-existent nefarious use of #Bitcoin?!?!!"
Sen. Elizabeth Warren: "That will be all from you Mr. Velez."
I'm the last person these bozos would want to question. đ¤Ł
You are being MANIPULATED and LIED to.First of all: No I'm not "FUDing" Injective, I've been holding $INJ and publicly telling people to buy since we were at $2.I'm up 15x with INJ.Injective has always been a Market Maker & VC play.The ONLY reason it's pumping right now is because Market Makers are artificially creating high spot buying pressure.Remember a few days ago when we had a $BTC flash-crash and Injective wasn't affected? (x.com/MiyaXBT/statusâŚ)All of the Buying Pressure came from Market
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Keep your eyes on the dates. If we get delay on BTC ETF and n 17th Nov then the last Date for approval is 10th Jan 2024.
But according to the elders of market their is something is about to happen and only few people know about it and they are accumulating Bitcoin and they want Bitcoin on higher prices before its approval.
Bardâs estimations for XRP According to the AI chatbot, âa possible price range for XRP at the start of 2024 could be between $0.50 and $1.80,â taking into account several factors, like its current price, historical performance, general market sentiment, regulatory developments, institutional adoption, and others.
However, Bard still warns that this is still just a potential price range and that the actual price of XRP at the beginning of the new year could be higher or lower based on the crypto market being inherently volatile and subject to various factors that might influence prices unexpectedly.