The whale-tier transactions of Shiba Inu has been an important indicator for the asset's health and market activity. However, as we are seeing now, the 24-hour large transactions volume has plummeted below 1 trillion tokens, while showing 7.49 trillion earlier this week.
The quantity of large transactions involving Shiba Inu has sharply decreased, according to recent on-chain data from IntoTheBlock. Just 45 large transactions were made in the last 24 hours, a dramatic decrease from the seven-day high of 285 transactions on June 18.
A sharp decline in the volume of transactions occurs concurrently with this decrease in the overall number of transactions, from a peak of 7.68 trillion SHIB earlier this week to just 747.97 billion SHIB in the last 24 hours. The large transaction volume indicates the total amount of SHIB moved in these transactions.
This decline is concerning because it points to a significant drop in the activity of whale investors who are frequently considered the primary driver of noteworthy market movements. This decline may be the result of multiple factors. First, big investors may be less interested in Shiba Inu as a result of a general decline in market sentiment.
As the Shiba Inu chart indicates, the price of the asset is plunging beneath key moving averages and it looks like a trend to head for the token. The poor trading activity is reflected by the drop of RSI within the "oversold" area on a relatively low volume. Moreover, the rate is shifting beneath long-term shifting averages like 200 and 100, which is a sign of a sturdy bearish sentiment.
Many ramifications may arise for the Shiba Inu market as a result of the decreased large transaction volume. SHIB's liquidity may suffer from fewer large transactions, which would increase its sensitivity to price volatility. A further drop in the price of SHIB could result from the lack of substantial buying activity from whale investors since there will be less selling pressure.
#shiba⚡

又做出了突破之舉。它已確認其本地支援為 15 美元。如果比特幣保持看漲，它將在更短的時間內再次飆升至我們的下一個目標 39$ 。密切關注這一點。
到目前為止，我們已經追蹤到 190% 的收益#CryptoTradingGuide #DSR

Crypto researcher recently outlined how Bitcoin may continue its bull run. The flagship coin has been declining since achieving its ATH of $73,750 in March earlier this year.
Bitcoin will revive when “weak miners die and hash rate recovers.” He said that "inefficient miners running old hardware and high costs go into bankruptcy" as BTC sheds weak hands. Some are obliged to switch to more efficient hardware.”
Miners' revenue normally halves after Bitcoin halving. Still, they pay the same expenses after halving. Willy Woo said this drive miners to sell BTC for losses or hardware upgrades. He blames these miners' acquiescence for BTC's price decline.
Bitcoin is predicted to rebound significantly if these miners liquidate their holdings. The crypto expert said the miners' surrender this time is record-breaking since it took so long after the halving. He suspected that ordinal inscriptions had increased these miners' income.
Willy Woo also noted that Bitcoin's hash rate recovery has been slower this cycle. He said BTC's hash rate recovered in 24 and 8 days in 2017 and 2020. This time, Bitcoin's hash rate hasn't recovered after 61 days.
Rekt Capital maintains that Bitcoin will rebound shortly. He previously said Bitcoin's consolidation inside this range is normal, since the market has seen similar post-halving ranges. The expert also said that BTC is now re-accumulating after the Bitcoin halving.
BTC will enter the ‘parabolic uptrend’ phase after this phase, which will drive it to its market peak for this cycle. Rekt Capital predicted a September start to the parabolic rise. According to past market cycles, BTC's market peak might occur in September or October next year.
Bitcoin investors should not be frightened, according to Rekt Capital. He said Bitcoin may decline far enough to persuade everyone the bull run was gone, then continue its upward.
#BTCFOMCWatch #BitcoinTherapist

當其他人在拋售時，澳洲#BitcoinETF 卻不斷買入👈

#CryptoTradingGuide

$DXY - 確認了上週的反轉，如預期推高
本週我們可能會看到下跌或橫向走勢，下周可能會出現更大的變化🦾
#CertiKvsKraken #MicroStrategy

#PAPE

#PEPEUSDT #PEPE $PEPE Here’s another asset for intraday trading. In 4 days, the indicator has provided 7 signals and yielded over 33% profit. This is just the beginning, as you can trade 5, 10, or more assets because you don't spend time on analysis—the indicator does it for you by analyzing 27 parameters, and we constantly improve it. There is no limit to perfection. Do you want a trading tool like this? Message me. Due to technical reasons, I can't respond to comments, so please check out my profile and message me.

The manner in which $ZRO confirms its 2.8$ support and progresses with substantial volume suggests we'll surpass our 5.3$ target much earlier than anticipated if Bitcoin remains bullish alongside.
Beforehand, we've monitored a 60% profit surge on it.#BinanceTournament #CryptoTradingGuide

隨後的衝擊應該會更加激進，我們現在的交易價格爲 64,000 美元。下一次衝擊可能會在 30 天內將我們推至 100,000 美元，而且距離 EOY 還有大約 6 個月的時間。” – Credible Crypto

Credible Crypto 的預測基於艾略特波浪理論，該理論在趨勢分析中受到技術分析師的廣泛歡迎。該理論認爲，牛市由五波組成，其中三波是“衝擊”波。通常，第三波是最激進的，可以在較短的時間內獲得更高的收益。

比特幣交易價格爲 64,260 美元，反彈至 100,000 美元將帶來 55% 的收益，低於預期。然而，“100,000 美元”水平標誌着一個重要的心理阻力位，也是許多投資者期待達到的目標。這可能會在這個價格區間產生拋售壓力，從而減緩第三波。

有趣的是，競爭交易員已經制定了退出策略，將 130,000 美元的水平作爲初始目標。其他人，如 Alan Santana，相信上漲趨勢將持續至每 BTC 150,000 美元。

另一方面，從基本面來看，比特幣已經顯示出疲軟的信號。例如，礦工們已經投降，在多年水下運營後以更高的速度拋售。因此，這些分析師的預測將取決於面臨激烈競爭的領先加密貨幣的積極發展和基本面改善。

#BinanceTournament #CryptoTradingGuide #BTCFOMCWatch

The official marketing expert of the Shiba Inu developer team, who prefers to be called Lucie, took to the social media platform X (formerly widely known as Twitter) to make an important warning to those who has been around in the crypto space for a long time already and to newbies as well.

After making a small introduction, Lucie warned everyone in the crypto space to stay cautious and alert against possible scammers and fraudsters that the crypto industry is full of. These cybercriminals target both experienced traders and investors and novices in the cryptocurrency space. “Be careful and not naive in the crypto space—always exercise caution and due diligence,” Lucie’s warning says.

💬 Every time I give, I get it back from somewhere else. 🙏🏼
Remember, do good and good will come to you. There is never enough kindness and generosity in the world.
However, be careful and not naive in the crypto space—always exercise caution and due diligence.
Stay SAFE and. — 𝐋𝐔𝐂𝐈𝐄

🔸 Major scam warning comes from Ledger

Earlier this week, major cryptocurrency hardware wallet producer Ledger addressed the crypto community with a warning against a brand new type of scam called “address poisoning.”

This new scam has been hitting TRX, MATIC and ETH wallets recently. The mechanism of this scam was explained by the Ledger team in a short thread. One day a user comes across some unknown coins or NFTs which mysteriously entered their wallet. Ledger warns that these coins/NFTs must not be interacted with and it is best to hide them from view.

Fraudsters send a small amount of coins/non-fungible tokens to a wallet of their choice. The address records the sender’s (scammer’s) wallet into the transaction list and then the scammers hope that the user may mistakenly pick that wallet to make a crypto transfer.

This is why it is vitally important to always check the address where one plans to send one’s coins to and not just copy it blindly, the Ledger team says.

#BinanceTournament #BinanceTournament #CPIAlert

Spot Bitcoin ETFs saw withdrawals amounting to $105.96 million as of yesterday. These withdrawals continued the trend observed in previous days. One of the main reasons for the withdrawals is the volatile movements in Bitcoin’s price. Since Bitcoin fell below $63,500 yesterday, the market considered the withdrawals natural. What are the details of these withdrawals?

🔸 Yesterday’s Data on Spot Bitcoin ETFs

Yesterday, three Bitcoin ETFs experienced withdrawals while only one ETF saw inflows. Other ETFs recorded zero activity. The largest withdrawal was $45 million from Fidelity’s spot Bitcoin ETF. The total asset value of the Bitcoin ETF named FBTC is currently at $10.72 billion.

The second largest withdrawal was $34 million from Grayscale. The total asset value of GBTC is at $17.84 billion. The third Bitcoin ETF that experienced withdrawals was ArkInvest with $29 million. The total asset value of ArkInvest is at $2.92 billion.

The only spot Bitcoin ETF that saw inflows was Franklin’s Bitcoin ETF with $2 million. The remaining Bitcoin ETFs recorded zero activity.

🔸 Where Could Bitcoin’s Price Be Heading?

As we experience the hot days of summer, expectations for Bitcoin are starting to take shape. At this stage, BTC continues its range-bound movement. Yesterday evening, Bitcoin fell below $63,500, and at the time of writing, it was trading above $64,000.

For BTC to see a price increase, levels around $70,000 need to be reached. This situation will also resonate in the altcoin sector. Especially for altcoins that have experienced sharp declines recently, everyone is expecting a recovery. However, Bitcoin has not yet allowed for this recovery. This situation deeply affects investor psychology, leaving many in a state of weariness.

● Spot Bitcoin ETFs saw $105.96 million in withdrawals yesterday.

● The largest withdrawal was $45 million from Fidelity’s ETF.

● Bitcoin needs to reach $70,000 for a price increase.
#BitcoinTherapist

TopCryptoNews

📣 Ripple CEO and Chief Legal Officer Issues Statement on XRP Case Rumors

Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty released statements addressing misinformation surrounding a recently filed class-action lawsuit about XRP.

“As many have noticed, and some have already noted, there are a number of misleading and some factual headlines describing the decision made yesterday by a judge in California in a class-action lawsuit over XRP,” Garlinghouse said. said.

He noted that the decision was a significant victory for Ripple, as all class action claims in the case were dismissed. The decision did not eliminate or change the fact that XRP is not a security according to the New York Court decision. The California ruling rejected all claims that Ripple violated federal securities law by selling XRP.

Regarding the sole state law claim scheduled for trial, Garlinghouse clarified that the sole plaintiff did not purchase XRP directly from Ripple and could not confirm whether he had even heard of the disclosure before making the transaction. The plaintiff only had a few hundred XRP. Garlinghouse called this case a clear example of trolls failing by trying to take advantage of the U.S. legal system and twist testimony for class-action settlements worth hundreds of millions of dollars.

“With respect to the ‘misleading statements,’ I stand by what I said and look forward to shedding light on this issue during the hearing,” Garlinghouse concluded.

Stuart Alderoty also commented on the issue, reiterating that the California judge rejected all claims that Ripple violated federal securities law. He confirmed that New York's ruling that XRP is not a security has not been overturned.

Alderoty said a state law claim based on a 2017 statement will go to trial. The plaintiff, who did not buy directly from Ripple and was unable to say whether he even heard the statement before trading, allegedly lost several hundred dollars.

#BinanceTournament #CryptoTradingGuide #BTCFOMCWatch

BREAKING NEWS: Bitcoin Exchange BtcTurk Announced It Was Hacked! Here is the Amount of Stolen Assets…
According to recent information, the giant Turkish cryptocurrency exchange BtcTurk faced an attack from hackers. As a result of this cyber attack, it is claimed that a total of $55 million worth of crypto assets were stolen from the BtcTurk exchange.
Although the exact amount of stolen assets is currently unknown (claims are $55 million), the popular cryptocurrency exchange shared an announcement text about this cyber attack and included the following information:
“Dear user, Our teams have detected that there was a cyber attack on our platform on June 22, 2024, which caused uncontrolled footage. Only some of the balances in the hot wallets of 10 cryptocurrencies were affected by the cyber attack in question, and our cold wallets, where most of the assets are kept, are safe.
BtcTurk's financial strength is well above the amounts affected by this attack, and user assets will not be affected by these losses. Our teams are carrying out detailed research on the subject. At the same time, official authorities were contacted. As a precaution, cryptocurrency deposits and withdrawals have been stopped and will be opened for use as soon as our work is completed.”#CryptoTradingGuide #BinanceTournament #BTCFOMCWatch

Billionaire Michael Dell suggests Bitcoin Adoption
After sharing Michael Saylor's statement, billionaire Michael Dell garnered crypto attention.
After Saylor's statement, Michael Dell posted a cookie monster devouring Bitcoin joke.
Following his statements with Saylor, Dell may be hinting at Bitcoin acceptance.
After X postings on Friday suggested an interest in Bitcoin, numerous crypto community members theorized that Michael Dell and his business may use the MicroStrategy Bitcoin playbook.
After a series of X postings with Michael Saylor on Friday, Dell Technologies (DELL) founder and CEO Michael Dell became interested in Bitcoin.
The two caught crypto community attention when Dell published Saylor's reply on his first article. Dell posted Thursday, "Scarcity creates value." Saylor said, "Bitcoin is digital scarcity."
Many have predicted that Dell may buy the digital asset based on both sides' remarks.
A few hours later, Dell published an X poll asking what tech innovation will come next. From AI, Quantum Computing, and Space Tech, Blockchain swiftly garnered the most votes.
Dell also uploaded a meme of Cookie Monster swallowing Bitcoin. This prompted further queries from crypto community members who were reading between the lines.
Speculators wonder whether Dell will add Bitcoin to his balance sheet like Saylor at MicroStrategy.
Michael Dell owns 58.9% of Dell Technologies, which is worth over $100 billion.
His latest Bitcoin postings may be following MicroStrategy's lead. After buying 11,931 Bitcoin, MicroStrategy shares increased 3% on Thursday.
Bitcoin is down 1.5% in the previous 24 hours as Michael Dell's move hasn't boosted its price as expected.#CertiKvsKraken #BTCFOMCWatch

With so celebrities launching their own meme coins in recent weeks, it seemed absolutely plausible that rapper 50 Cent (aka Curtis Jackson) would take to Twitter to shill his own Solana token with a flurry of posts Friday afternoon.

But within minutes, after millions of dollars’ worth of crypto was already spent, the truth emerged: His account had been hacked for a pump-and-dump scam.

In a rapid-fire string of tweets, 50 Cent’s Twitter account began making promotional posts on Friday for a new Solana token called GUNIT, launched via Pump.fun.

The posts were elaborate. Some referenced the rap icon’s cognac brand; others called out recent celebrity-related crypto narratives including Martin Shkreli’s creation of an allegedly official Donald Trump Solana token, and controversial influencer Andrew Tate’s promotion of the DADDY coin. One even featured a Solana-themed meme with 50 Cent at center.

💬 If you bought $GUNIT, then your $5,000 investment just turned into 50 cent — SphynxLabs

While some crypto users were cautiously suspicious of the posts, it wasn’t immediately certain the posts were a fake, either.

In the meantime, money poured into GUNIT’s coffers. Most of the token’s $18.6 million in total trading volume came within barely 40 minutes as it rocketed upwards some 8,000%, then plunged just as rapidly as liquidity disappeared.

Despite warning signs, the rush of investment sadly made some sense. Recently, celebrity meme coins created via Pump.fun have skyrocketed in value with little more to them than a prominent personality’s endorsement. The Tate-promoted DADDY token rose from worthlessness to a $340 million market capitalization last week; Iggy Azalea’s earlier MOTHER token crossed $200 million around the same time.

50 Cent’s Twitter account was also locked by the platform; all posts on the account are inaccessible at writing.

GUNIT continued to plummet on the revelation—though not yet to worthlessness.

#CertiKvsKraken #CryptoTradingGuide #BinanceTournament

is not performing well in the current market conditions, moving towards the next 1.75$ support amid prevailing bearish trends. An expected reversal hints at Highstreet taking charge alongside $BTC in the forthcoming bull rally.
The last rally resulted in 260% gains. #BTCFOMCWatch #CryptoTradingGuide

WAVES is struggling to maintain momentum in the market and approaches the crucial 0.85$ support amidst bearish conditions. An anticipated reversal suggests its potential to dominate alongside $BTC in the next bull cycle.
Our tracking record shows 340% gains in the last rally. #CertiKvsKraken #LayerZero

Why Did Worldcoin's (WLD) Price Soar 15% in a Single Day, Reaching $3?
As of right now, Worldcoin (WLD) is on an ascent, with the crypto token's value increasing by $3, a 15% increase in only one day. The Worldcoin team has recently made great progress towards achieving the project's objectives, which is the reason for this development.
Gaining Support from Worldcoin's World ID Expansion
In a recent announcement, the Worldcoin team revealed that World ID, the worldwide identification network of the project, would be expanding into Ecuador. In order to join Worldcoin's identification network, locals in the nation may use the Orb to be verified. The group said that six sites in two cities in Ecuador would be accessible for verifications.
The port city of Guayaquil will be the first to undergo verification on June 26, with the capital city of Quito setting up the remaining sites on June 27. According to Worldcoin, each of those two locations offers Orb verification for anyone above the age of 18 who wants to join the more than 5 million users already using the Worldcoin network.
Since the Worldcoin token is essential to the team's goal of creating a universal identity, this news must be good for the price of the crypto token. In addition, the regulatory scrutiny and bad press that has engulfed Worldcoin's environment is somewhat alleviated by the company's arrival into Ecuador.
Ahead of its debut in Ecuador, Worldcoin said that it would be investing directly in Argentina and launching more Orb verification sites, both of which will allow the project to grow even further in the nation. Contributors to Worldcoin, like Tools for Humanity (TFH), will provide educational opportunities for fifty software engineers, data analysts, operations experts, and developers in the nation as a component of the investment.
In addition, 50 World ID orb verification sites, including 2 experience shops, will be established in more than 10 cities around Argentina, according to Worldcoin.
#CertiKvsKraken #CertiKvsKraken #CryptoTradingGuide

Daily / Long term view:
Giant falling wedge pattern📈 , Or this is a dead project?
#CertiKvsKraken #CryptoTradingGuide #BinanceTournament

$AKT is experiencing a downturn in trading activity, nearing the next 2.8$ support as bearish trends persist. An anticipated reversal suggests Akash Network could lead alongside $BTC in the next cycle's bull rally.
In the past rally, we've noted 17x gains. #MicroStrategy #CertiKvsKraken #BTCFOMCWatch

$APEX is standing strong today, maintaining the 2.5$ level. Once it resumes its upward journey, the next target will be 3.5$. If it loses momentum, 2$ will provide the next support. Let's hope for the bullish sentiment in Bitcoin.
A 370% rise was tracked in the recent rally#AirdropGuide #BinanceTournament