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@CZ ; Launching a new project.
My next project. #GiggleAcademy  

Free basic (grade 1-12 ish) education, for all.
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Read the Concept Paper at http://giggleacademy.com

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#Binance #CZBinance 

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Bitcoin to reach $79,800 by August 6th, 2024 Veteran trader Peter Brandt has given Bitcoin fans optimism by recognizing a buying opportunity despite the cryptocurrency's price drop. Despite the coin's hazardous position near support, Brandt, a market expert, sees a short-term buying signal. Fears persist as market volatility casts a shadow on the digital asset. Brandt uses the "foot shot pattern," a technical indication that predicts price rises. Against the pessimistic market atmosphere, this positive view jumps out. The Fear and Greed Index, a prominent investor mood indicator, is 29—firmly in the “Fear” zone. In the last month, Bitcoin has lost almost 10% of its value, fueling worries of a further fall. Brandt joins a growing number of famous personalities supporting Bitcoin despite market worries. Robert Kiyosaki, author of the best-selling personal finance book “Rich Dad Poor Dad,” plans to acquire more Bitcoin during the price drop. This supports Brandt's estimate of a price decrease to $48,000 before a major turnaround. Both men think Bitcoin's long-term promise exceeds its volatility. Brandt analyzes Bitcoin's potential beyond price fluctuations. He finds a bullish “Inverse Head and Shoulders” pattern on the Bitcoin price chart, a sign of market upswings. Brandt compares this tendency to gold bull runs and predicts Bitcoin may soon rise significantly. Some price estimates suggest Bitcoin would hit $79,800 by August 6, 2024, a substantial rise from its present price. Brandt and Kiyosaki's statements give Bitcoin bulls optimism, but they should still be skeptical. The cryptocurrency market is unpredictable, and short-term price estimates are incorrect. Brandt and Kiyosaki are positive on Bitcoin, which may prejudice their views. #Bitcoin #BTC $BTC

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Why US and German Governments Selling Bitcoin Isn't a Problem The Bitcoin market has seen three big selloffs since June. The bulk of these selloffs have come from miners and a few other whales, but the German government is also selling. Government selloffs are whale movements because of their massive magnitude. Many market players might also claim they increased selling pressure and lowered Bitcoin prices. CryptoQuant founder and CEO Ki Young Ju disagrees. He thinks responses to government pocket selloffs are overblown. Interestingly, his opinion is based on Bitcoin inflows over the last year. Government Selling Bitcoin Is Overrated approximately the previous two weeks, US and German government addresses have transmitted approximately $737 million in Bitcoin to Coinbase, Bitstamp, and Kraken. Exchange selloffs are inevitable with these moves. The fact that these transactions happened during a month-long Bitcoin price drop has added to the selling pressure. While news about “governments dumping Bitcoin” may cause crypto community FUD, the situation is not that serious. The governments sold some of their Bitcoin assets, although the sell-off wasn't that big. According to CryptoQuant statistics supplied by Ki Young Ju, Bitcoin has received approximately $224 billion since 2023, with just 4% related to government-seized assets. Data demonstrates that government-seized BTC has added $9 billion to the market value since 2023. This market cap data shows that government-owned Bitcoins are weak and insignificant compared to market money. Realized market cap is a unique Bitcoin valuation method. It considers the last price each BTC changed from its present location. This shows more accurately how much fiat cash has entered BTC. Bitcoin is now trading at $57,360, recovering some of its seven-day losses. Crypto fell the most since the bull cycle started at the 2022 bottom in recent declines. Crypto still has issues. Before Bitcoin to rise again, bulls must push the price beyond $60,000. #BTC #Germany $BTC

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Will Bitcoin Return To $60,000? Martinez said on X that Bitcoin may be ready for a run-up. The three-day chart shows two bullish candlesticks. First, the pundit remarked that BTC is developing a three-day doji candle pattern. The Bitcoin chart is showing the Dragonfly doji candlestick pattern, which resembles a cross or plus sign with its horizontal line near to the top. The dragonfly doji candlestick pattern may indicate a price reversal depending on market activity. Given the market's recent drop, a reversal would boost Bitcoin's price. The dragonfly doji may indicate investor hesitation, thus it is not a reliable indication of a price reversal. Martinez saw another bullish configuration that may indicate a trend reversal. Technical analysis uses the “Tom Demark” (TD) Sequential to identify trend depletion and price reversals, which underpins the second bullish formation. Martinez claimed the indicator showed a buy signal on the three-day Bitcoin chart. The TD Sequential usually contains two phases: “setup” and “countdown.” Bitcoin's setup phase, which includes nine successive candles that closed lower than four periods earlier, is over. When the TD Sequential creates “9” on top of a bullish or bearish candle, a reversal point may occur. Martinez's graphic shows the doji candle's “9” indicating a probable reversal. Most investors will wonder whether the top cryptocurrency will return to $60,000. Recent chart patterns signal an upward rebound, although its scale is unclear. Bitcoin Price Overview Bitcoin is around $58,000, up 2.7% in 24 hours. Market leader is still down over 5% in the previous week. #Binance #Bitcoin #BTC $BTC

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Justin Sun will launch Tron, other network gas-free stablecoin transfers Justin Sun, creator of Tron Network, revealed gas-free stablecoin transfers, an amazing breakthrough. Many users appreciate Tron's newest suggested feature, while others lament the late update. Justin Sun: Gas-Free Stablecoin Transfer Starts Q4 2024 On Saturday, Justin Sun wrote on X that Tron is developing on a stablecoin sending and receiving update sans gas costs. Each blockchain transaction incurs gas expenses. Stablecoin transactions on Tron use TRX token to pay gas costs. Justin Sun said the new method will enable stablecoin transactions without TRX or other native assets. These transactions will be entirely funded by stablecoins. The notable crypto personality further indicated that this update would first be implemented on Tron before being extended to Ethereum and other EVM-compatible public networks. While this functionality does not remove transaction costs, it may cut gas prices for stablecoin-only users. Some Tron users praised the developers for this “innovation”. Mark Lamb, an aficionado, said: Other users have criticized Tron for releasing this option late, while Celo and the Internet Computer Protocol (ICP) already provide a comparable capability. Justin Sun expects gas-free stablecoin transactions in Q4 2024. The Tron creator thinks this functionality might spur large corporations to issue stablecoins, increasing cryptocurrency acceptance. Tron Network Grows User Base Despite Market Volatility In other events, CryptoQuant researcher Ben Sizelove said that Tron's user base has grown since 2024. Sizelove credits Tron's payments, stablecoins, and word asset applications for this achievement. The analyst also observes that Tron's robust user base has happened notwithstanding market uncertainty and significant selling pressure. #TRON #TRX #JustinSun @Justin Sun孙宇晨

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⭐When trading memecoins, it is essential to have a solid understanding of the patterns on the chart as well as the appropriate coin variables. ⭐Having the ability to rapidly orient yourself and base your judgments on that should be a priority for you! ⭐When it comes to trading, the following is a list of patterns that you may apply. #Memecoin #PEPE #SHIB #DOGE

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