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Professor Mende - Bonuz Ecosystem Founder
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🔥 OMG! What a moment! The word "Ethereum" hanging from the 120yr old New York Stock Exchange building. This Picture might end up in the history books someday. Bitwise Ethereum ETF banner going up outside the iconic facade at the New York Stock Exchange this evening. #ethereum #eth #etf #ETH_ETFs_Trading_Today #history $ETH
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📉🔥 BIGGER CRASH AHEAD?? - $ETH ETF SELL-OFFs 🔥📉 The much-anticipated launch of spot Ether ETFs has led to an unexpected sell-off, revealing significant market shifts. The long-awaited introduction of these ETFs initially brought a wave of optimism, but it quickly resulted in a sharp decline in the price of Ether. 📉 According to the latest 10x Research report, this sell-off mirrors previous patterns seen with crypto ETF launches, including spot Bitcoin ETFs. Markus Thielen, founder of 10x Research, noted that traders expected #Ethereum ETFs to capture 20% of Bitcoin ETF inflows. However, they underestimated potential billion-dollar outflows from Grayscale and the typical 'sell the news' reactions. Additionally, the crypto market is entering a seasonally weak period. 📊 The approval and launch of spot Ether ETFs coincided with the first BTC distributions from Mt. Gox, exacerbating the selling pressure in the market. The 10x report highlights that Grayscale’s $9 billion Ethereum Trust saw significant outflows, losing $481 million on day one and $326 million on day two. Conversely, other ETF issuers like Bitwise recorded $204 million in inflows, primarily from Pantera Capital. This mixed sentiment indicates a lack of confidence in sustained growth, as Pantera quickly sold off its "seed investment." 🔍 The report suggests a bearish outlook on Ether, stating that it was overbought before the ETF launch. "Ethereum might be the weakest link, where fundamentals like new users and revenues have been stagnant or lower," the report says. Despite Bitcoin's status as "digital gold," Wall Street traders struggle to define Ethereum's unique value proposition. ⚠️ The report also points out a shift from ETH to Solana, with #memecoin issuances flocking to the Solana blockchain. Investors should be cautious, as further declines could be on the horizon due to the potential overhang from Mt. Gox, the upcoming US earnings season, and weak season trends for August n September. Stay updated with @Professor Mende - Bonuz Ecosystem Founder #etf #eth $ETH
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📉 WHY ARE #BITCOIN AND CRYPTO CRASHING? 📉 JUST RECENTLY, BTC AND CRYPTO HAVE LOST OVER $100 BILLION IN MARKET CAP HERE'S WHY THIS HAPPENED 👇 AS WE KNOW, THE CRYPTO MARKET IS HIGHLY CORRELATED WITH THE STOCK MARKET IN THE PAST 2 DAYS, ALPHABET AND TESLA REPORTED THEIR QUARTER EARNINGS. ALPHABET MISSED YOUTUBE AD REVENUE EXPECTATIONS WHILE TESLA REPORTED FALLING PROFITS THIS CAUSED A DUMP ON BOTH ALPHABET AND TESLA, WHICH RESULTED IN THE S&P 500 AND NASDAQ'S BIGGEST DUMP SINCE SEPTEMBER 2022. THE 7 LARGEST COMPANIES LOST $500 BILLION IN MARKET CAP, WHILE THE ENTIRE US STOCK MARKET LOST $1.1 TRILLION. BUT THERE'S SOMETHING ELSE TOO BITSTAMP WILL START DISTRIBUTING MT. GOX BTC FROM TODAY IT IS EXPECTED THAT THEY'LL DISTRIBUTE OVER 35K BTC WORTH $2.25 BILLION THE MARKET USUALLY TRY TO PRICE IN THESE DUMPS, SO BTC DIPPED BELOW $64K ETH DUMPED 4X MORE THAN BTC, AS IT ALSO EXPERIENCED A HUGE OUTFLOW. IMO, THIS IS JUST A TEMPORARY DIP, AND THE MARKET WILL RECOVER SOON. SO, DON'T PANIC AND HODL TIGHT Follow @Professor Mende - Bonuz Ecosystem Founder for more updates! #marketnews #BinanceTurns7 #cryptonews #bitcoinprice $BTC $ETH $BNB
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🚨🚀 $PENDY TO THE MOON - THE NEXT PEPE??! 🚨🚀 Shared on Wendy's official X account and officially approved by Matt Furie, creator of Pepe the Frog, Pendy is taking the internet by storm! You have seen the animations yet? After the huge success of $PEPE e and recent $5M raise of Pepe Unchained, Pendy is coming for her piece of the cake, so pay attention as you're still EARLY! With Pendy now listed on CoinMarketCap, the project is solidified as the first female Pepe on the platform. The “first of its kind” formality gives Pendy some exclusivity and FOMO power & the Pendy cartoon being the first crypto cartoon series ever made gives it the right viral springboard to shoot for the moon! 🚀 "It's not another sh*tcoin sir, this is a Pendy's"... ...not to mention that they're about to partner with our revolutionary smart account wallet - Bonuz, for some airdrop campaign. Powered up and ready for take-off, here's a quick brief on how to get on board with $Pendy: 1. Download MetaMask and make an account if you don’t already have one. 2. Obtain Ethereum. Ether is the primary cryptocurrency used to swap with PENDY. 3. Swap your ETH for PENDY. The token address for Pendy is “0x69f137147025c63b7b523eefcc2cf587b9c19269.” Enjoy the ride, and stay updated here! Disclaimer: Meme coins are subject to volatility. This is not financial advice. Please always do your own research before investing. Stay safe. #pendy #bonuz #HotTrens #memecoins #memecoin $FLOKI $SHIB
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🔥 25-100x PUMPS: MASSIVE ALT SEASON LOADING 🔥 Altcoin market cap is expected to hit around $2.53 trillion dollar in 2025 The chart shows monthly Alt -mcap. History tells us that whenever it touches the lower trendline, it bounces and follows an upside-bullish trend. Currently, the monthly candle bounced at the trendline & is expected to follow the same pattern. Disclaimer: No Financial advice, always DYOR. #altcoins #memecoins #altseason #bullorbear #markettrends $PEPE $SHIB $FLOKI
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