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Irma Korkia
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💥BounceBIT trading is now available on WhiteBIT, ByBIT, KuCoin and other CEXs 🔥BounceBIT Coin ($BB ) is a cryptocurrency designed to facilitate decentralized, peer-to-peer transactions with enhanced security and speed. It leverages blockchain technology to offer low transaction fees and scalability, aiming to provide a robust alternative to traditional financial systems. Users can utilize Bouncebit Coin for various applications, including online purchases, remittances, and as a store of value. 👉BounceBit is listed on several cryptocurrency exchanges. The top exchanges for trading BounceBit include Bybit, WhiteBIT, Binance, LBank, Bitget, and KuCoin​. These platforms offer various trading pairs and options for BounceBit, making it accessible for users looking to trade or invest in this cryptocurrency.

💥BounceBIT trading is now available on WhiteBIT, ByBIT, KuCoin and other CEXs

🔥BounceBIT Coin ($BB ) is a cryptocurrency designed to facilitate decentralized, peer-to-peer transactions with enhanced security and speed. It leverages blockchain technology to offer low transaction fees and scalability, aiming to provide a robust alternative to traditional financial systems. Users can utilize Bouncebit Coin for various applications, including online purchases, remittances, and as a store of value.

👉BounceBit is listed on several cryptocurrency exchanges. The top exchanges for trading BounceBit include Bybit, WhiteBIT, Binance, LBank, Bitget, and KuCoin​. These platforms offer various trading pairs and options for BounceBit, making it accessible for users looking to trade or invest in this cryptocurrency.

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💥Bitcoin Price Faces Key Resistance Levels 📈 Bitcoin is finding buyers at $68,000 due to Fed announcements and Mt. Gox transfers. Bulls are struggling to solidify $70,000 as support amid ongoing news flow. So, what do the more reliable on-chain signals indicate for mid-term forecasts? 💹 After months of rising, Bitcoin paused its rally following the last ATH. With the approval of the Spot ETH ETF, it has risen to the $67,500 to $70,000 range. Staying here is more promising than testing new dips at $60,000. Solidifying this higher support could lead to a new ATH attempt. The red trend line shows short-term traders are eager for profit-taking. BTC may test the Ichimoku Cloud; falling below it could shift sentiment to neutral, possibly testing $64,000. 📊 Bitcoin price rises steadily among investors. Long-term holders are taking profits, and new short-term investors are accumulating. From early 2024 to April, there were significant declines in supply active for 1 and 2+ years, while supply in UTXOs held for over 3 years increased. This upward trend suggests a new ATH is likely. Over half of the total Bitcoin supply has remained untouched for over a year. The turnaround at $56,000 showed a shift from selling to holding BTC. 📉 Only 1.1% of Bitcoin supply was purchased above $70,000, indicating few people bought BTC at higher prices, reducing the risk of rapid selling. 🔍 The conclusion: 6% of the total supply was bought in the $65,000 to $70,000 range, indicating strong support. The thin supply above $70,000 suggests a move towards $80,000 is possible. A short-term test of $64,000 could happen, but long-term investors have stopped selling.
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🔥 Ethereum Price Prediction as ETH Approaches $4,000 Level – Here is the Next Key Level to Watch 📉 After nearly touching $4,000 on Monday, Ethereum (ETH) pulled back slightly on Tuesday to around $3,850. Despite a 1% dip due to Bitcoin wallet jitters from Mt Gox, Ethereum remains on an upward trend, boosted by last week’s SEC approval of Ethereum ETFs. 📊 The SEC approval is a historic moment, expected to drive demand similarly to Bitcoin ETFs, offering investors easy ETH exposure. Bernstein predicts Bitcoin and Ether ETFs will reach a $450 billion market cap, with $100 billion in inflows in the next 18-24 months. Ethereum, still 21% below its 2021 highs, has room to grow compared to Bitcoin’s 8% gap from its peak. 🚀 Much of Ethereum's underperformance stemmed from regulatory uncertainty, with fears of SEC labeling it a security. The recent ETF approvals alleviate this uncertainty, opening potential for a catch-up trade and outperformance relative to Bitcoin. 📈 The next key level for Ethereum is $4,100, with a potential rise to 2021 highs of $4,900. Breaking past prior highs could see Ethereum enter price discovery, potentially reaching $11,000 to $15,500 if it mirrors its 2020-2022 bull run Fibonacci extensions.
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🔥 $NOT-PERP futures pair on WhiteBIT 🔥 👉 Futures trading involves buying and selling contracts for the delivery of assets at a future date, allowing traders to speculate on price movements or hedge against potential price changes. This type of trading is common in commodities markets, such as oil, gold, and agricultural products, but also extends to financial instruments like currencies and stock indices. Participants in futures trading include individual investors, institutional traders, and businesses seeking to manage risk. 💥WhiteBIT has recently announced that NOT is available for trading on the futures market. 👇Other exchanges that have added NOT/Perpetual contract pairs: 1. Bybit 2. BingX 3. OKX 4. Bitget
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🔥Market Weekly Recap: Bitcoin Gains Momentum as Ethereum Enters ETF-Based Rally 📈 Market Overview The market has been off to a rocky start for weeks, but there's a silver lining with Bitcoin and Ethereum showing potential for a long-term rally. 💡 Bitcoin's $70K Milestone Bitcoin's all-time high was $73,000 on March 14, but it dropped to $56,792 on May 1. After some recovery, it surged back to $70,000. Max Keiser predicts BTC could hit $220,000 due to supply and demand dynamics. The RSI and EMAs suggest a positive outlook, though active addresses and new address momentum show some market skepticism. 🚀 Ethereum ETF and $4,000 Target Ether fell below $3,000 after Grayscale withdrew its Ethereum futures ETF filing. However, from May 20-23, ETH rebounded to $3,935, spurred by rumors of an Ethereum ETF approval. The EMAs and RSI indicate a strong bullish trend, with ETH likely to target $4,000. 🌐 Altcoin Surge Following Bitcoin and Ethereum, top altcoins saw 8%-10% price increases. Cardano (ADA) grew by 5.68%, and Avalanche (AVAX) surged by almost 15%. Memecoins like Pepe (PEPE) and Dogecoin (DOGE) also saw significant gains. PEPE reached an ATH of $0.0000147, while DOGE hit $0.16-$0.17. Solana-based memecoins WIF and BONK also surged, despite SOL itself declining. 🔮 Summary The market shows long-term bullish potential, with Bitcoin and Ethereum leading the way. Altcoins and memecoins are also gaining traction, indicating sustained investor optimism.
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💪The Power of Cryptocurrency: Insights from Cardano’s Founder Charles Hoskinson 🌐 China's Digital Yuan Struggles to Gain Popularity China is pushing to lead in digital currency with the digital yuan, but citizens are hesitant to use it. 💸 Chinese Workers Prefer Fiat Money Despite efforts to pay civil servants in digital yuan, many Chinese workers prefer fiat money. Sammy Lin, a customer service manager at a state-owned bank, notes the lack of interest for storage and limited places to use the digital yuan. Although China is largely cashless, concerns about traceability and limited use cases persist. 📈 Digital Yuan Transactions Yi Gang, former governor of the People’s Bank of China, reported over $250 million in digital yuan transactions in July 2023, emphasizing its "controlled anonymity" for privacy protection. However, concerns about government control and limited acceptance remain. 🔑 Crypto's Role in Modern Society Charles Hoskinson, founder of Cardano, highlights cryptocurrency's role in creating new social contracts and financial freedom. He warns that opposing cryptocurrency supports the concentration of power. European Crypto Industry Development The crypto industry is booming in Europe. Countries like Switzerland and Malta have established favorable regulations and blockchain hubs. Switzerland allows tax payments in Bitcoin, and Ukraine is integrating crypto into everyday transactions. 💳 Whitepay in Ukraine Ukraine's crypto expansion includes payment solutions like Whitepay, enabling purchases in grocery stores and even cars. This growth shows the potential and significance of digital assets in economic development. 📊 Summary China's digital yuan faces adoption challenges, while Europe's crypto industry thrives. Digital assets are increasingly part of financial transactions, highlighting their importance for economic growth and social empowerment, as emphasized by Charles Hoskinson.
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