#NFTs 有潜力彻底改变数字世界的所有权和货币化。 #nftcommunity #crypto2023 #mark | 幣安廣場上的 koinmilyoner

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#NFTs  有潛力徹底改變數字世界的所有權和貨幣化。
#nftcommunity #crypto2023 #marketplace #binancepaymarketplace 

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The analyst predicts that the market value of altcoins will exceed $1 trillion According to crypto expert Michaël van de Poppe, the altcoin market could reach a valuation of more than $1 trillion soon. For instance, an expert mentioned that the current cryptocurrency bearishness incurred a 4% decrease in market capitalization. Over the past week, Binance Coin, Ethereum and Lido have lost between 2% and 6%. This did not cause any increase in Ether’s price after last week’s clearance of the Ethereum ETF by the Securities & Exchange Commission. The top ten assets by market size apart from Bitcoin experienced declines while it remained resilient in spite of confidence amongst market participants. Binance Coin has had its worst week since inception with staked lido ether and ether all losing value over this period. Crypto Analyst Forecasts Altcoin Market Cap Recovery In his recent tweet, Michaël van de Poppe claimed that many cryptocurrencies saw “a harsh” downturn in their digital currency markets which caused a 4% correction or decline in their capitalizations. The industry is expected to have a “big breakout” after the current dip ends pushing market valuation above $800 billion. They started to recover later into the weekend; however, AI tokens were among those which opened on a slow note as compared to their counterparts Layer 1 tokens and meme coins especially were successful areas. Among meme currencies Dogecoin has highest market cap than others.Traders and crypto analysts who want to get in on "some" of the meme craze might consider buying DOGE. The pundit says that within six months to one year ahead, doge may go nuts at .50 cents upwards. #Bitcoin_Coneference_2024 #ETH_ETFs_Trading_Today #BinanceTurns7 #altcoins $BNB

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Why is the price of ETH dropping despite launching Ethereum ETF? ETH’s price has surprisingly been struggling since the Spot Ethereum ETFs’ debut, suggesting that it was a ‘sell the news’ event. Matrixport believes that this second-largest crypto by market cap has depreciated by about 10% ever since Spot Ethereum ETFs started trading on July 23rd Tuesday and could still collapse even further. Spot Ethereum ETFs Sell The market was excited after the launch of Spot Ethereum ETFs as investors could suddenly gain exposure to ETH without actually buying the coin. The Etherium price falls days after its introduction; thus dampening this enthusiasm. In a Thursday report, Markus Thielen, Head of Research at Matrixport explained why ETH was falling. According to Thielen, Grayscale Ethereum fund had withdrawals but inflows hit $100m on day one. Similar to when Spot Bitcoin ETFs debuted, there were outflows from the $9bn Grayscale ETH fund. Grayscale fees for management are high relative to rivals’ 0.19%. In its first day alone, the fund dropped by $481m while another $326m followed suit. Mt Gox dividends also began around the same time as Spot Ethereum ETFs release hence adding to crypto market selling pressure. This has seen ETH go below $4,200 through these withdrawals similar to what happened with Bitcoin during its debut throguh their own Bitcoin exchange traded funds (ETF). Is there going to be an ETH recovery? Outflows from Grayscale Ethereums have helped in making Eth prices fall since Spot ETFS were launched. Nevertheless, this is not only a disservice for this cryptocurrency. Thielen thinks that the daily stochastics signals suggest that ETH is topping out. When this indication is low it normally indicates a purchase opportunity and a cheap price usually accompanies it. For example, while value is high it may be said that ETH has reached its ceiling. A research said that ETH touched 92% just before the Spot ETH ETFs debut. Usually, when a score is above 90%, it means that the cryptocurrency has been overbought. #ETH #SOL $SOL

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Bitcoin surges as Donald Trump gets ready to address traders in Nashville Bitcoin hit a high of $68,295 before Trump’s speech on Saturday. Trump will speak to crypto traders at the July 27 Nashville Bitcoin Conference. BTC could rise about 6% higher and meet $72,000. As traders brace themselves for Donald Trump’s speech at the Bitcoin Conference in Nashville, BTC might become more unpredictable. President Trump is known to be a crypto-friendly political leader who has received over $6 million from PACs and contributors in the crypto industry. What to expect from his talk at the Bitcoin conference by Donald Trump. QCP Capital analysts identified the “Trump effect” on Bitcoin where its options market experienced four times more activities indicating prices going up. The super-sized funds have been covering topside positioning for August 2 options all week long with analysts suggesting that after July 27th speech by Trump it is likely there will be a break-through. On early Saturday, Bitcoin stands near $62k. As such it can grow upon news of Trump’s conference in Nashville as people tend to buy the information resulting in temporary price appreciation. Bitcoin might increase above $72k. After downtrend between July 2nd and July 5th which included lower highs and minimums; this time, bitcoin is breaking towards higher highs and higher lows (see chart). Assuming that we are headed for another high like June 7th the price of BTC is predicted this time to rise by about 5.52% or approximately $71997/$72000 This was its peak on June 7th. Fair Value Gap (FVG) levels acting as resistance may occur at either side of ($69,582) or ($70,117). An upsurge could ride BTC up until its all-time high of $73,777. The upper and lower boundaries of the Fair Value Gap (FVG) are at $66,175 and $67,630 respectively in the daily chart above; Bitcoin is expected to find support in that region. A daily FVG candlestick close might debunk Bitcoin's bullish argument. #Bitcoin_Coneference_2024 #Trump $BTC #BTC

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