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📊 The 56th project on the Binance Launchpool will be the Toncoin (TON) blockchain project
The official launch and farming option is scheduled for August 15, 2024, after which users will have the option of income farming as well as BNB and FDUSD steaking to earn TON.
📈Crypto_room
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🤔 ETFs are catching up with Satoshi Nakamoto's bitcoin holdings.
And BlackRock's Bitcoin ETF will soon overtake Binance in terms of the number of bitcoins in its account
📈Crypto_room
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NEW: 🇺🇸 Vivek Ramaswamy predicts Kamala Harris will embrace the #Bitcoin and crypto industry
"I think that will be a good thing for the country... It should not be a partisan issue."
📈Crypto_room
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🇻🇪 Venezuela will block access to Binance, Twitter (X) and other online services due to unrest resulting from the disputed presidential election.
Residents have been actively using Binance's P2P service, exchanging fiat for crypto to fight inflation.
📈Crypto_room
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📊 VC firms are slowing down crypto investments for a 'nuanced reason' — Venture Capitalist
Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.”
📈Crypto_room
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Crypto Market Trends: Uptrends and Downtrends
In the volatile world of crypto trading, understanding uptrends and downtrends is crucial for making informed investment decisions. An uptrend is a sustained price increase over time, characterized by higher highs and higher lows on the price chart, indicating a bullish market sentiment. Conversely, a downtrend is a sustained price decrease, marked by lower highs and lower lows, signaling a bearish market sentiment.
Identifying these trends is vital for traders and investors as it helps gauge market sentiment and make informed decisions about buying, selling, or holding cryptocurrencies. For instance, if Bitcoin is on an uptrend, it may be a good time to buy, anticipating that the price will continue to rise. Conversely, during a downtrend, it might be wise to sell or hold off on investing(Always DYOR)
Mastering the understanding of uptrends and downtrends is essential for navigating the crypto market and maximizing returns. By analyzing these trends, investors can make strategic decisions and ride the waves of market fluctuations. Stay ahead of the game by mastering the ups and downs of crypto trends by learning from our Website.
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💡Harris Takes the Lead
On Polymarket, Kamala Harris has taken the lead in the race against Trump, leading him by 7%.
Who will be the new US president?
😎 — Trump
😇 — Harris
📈Crypto_room
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😎BTC/USDT ANALYSIS
Bitcoin is consolidating in an ascending triangle on the weekly time frame. It is currently bouncing off the triangle's trendline support, indicating bullish momentum.
However, the 21-day moving average is acting as resistance above the current price action. A solid breakout above the triangle is needed to forecast a new peak for BTC.
📈Crypto_room
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The capitalization of the largest stablecoin Tether (USDT) has almost reached $115 billion
•Since the beginning of 2024, the capitalization of USDT has increased by almost $20 billion. After its fall to $66 billion in 2022, the figure has been growing almost without corrections.
•At the end of July, Tether reported record profits - for the first half of this year, the company earned $5.2 billion, and the company's consolidated capital amounted to $12 billion.
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💰 Bitcoin sell off is a "bear trap" and there is "a lot of institutional and retail interest" in #Bitcoin ETFs - Yahoo Finance
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Tether plans to double its workforce to 200 by mid-2025, focusing on expanding its compliance team.
Despite its small size, Tether remains a financial powerhouse, generating $5.2 billion in profits in the first half of 2024.
The company continues to enhance monitoring tools to prevent illicit activity involving its USDT stablecoin, which now commands nearly 70% of the stablecoin market with a $115 billion supply.
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🤓Arthur Hayes: BTC will survive under any president
🪙 Arthur Hayes said that it doesn’t matter to BTC who will become the next US president — Harris or Trump. In his opinion, any successor to Biden will be forced to “print money”, the difference will only be in the nuances.
Main points:
✔️Hayes believes that creating a Bitcoin reserve is unrealistic even if Trump wins — the administration will rather buy precious metals.
✔️He is confident that the cryptocurrency will grow despite the winding path: “In the end, we know where it’s going.”
📈Crypto_Room
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Why is Crypto So Volatile?Understanding Market Movements
Cryptocurrencies are known for their high volatility. Here's why:
1. Market Immaturity: Cryptocurrencies are still in their early stages, leading to ongoing price discovery and high volatility. Unique supply dynamics, such as Bitcoin's fixed supply, add to this unpredictability. The market's youth means it reacts more sharply to new participants and information, making it inherently risky.
2. Small Market Cap: The relatively small market cap of cryptocurrencies compared to traditional assets means that large trades can significantly impact prices. The influence of "whales" (large holders) and the lack of comprehensive regulation or circuit breakers further exacerbate price swings.
3. Investor Sentiment: Retail investors, who often lack extensive market experience, dominate the crypto space. Their reactions to events like corporate investments or regulatory news drive significant volatility. Positive or negative news can lead to rapid price movements as sentiment shifts.
As the market matures and regulatory frameworks develop, volatility might decrease. However, understanding these dynamics is crucial for anyone navigating the world of cryptocurrencies.
📈Crypto_Room
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🔹 All targets hit! Locking in +$60,000 in pure profits!
Join the OSA BTC community where subscribers participate in similar deals on a weekly basis. It's completely transparent, ensuring everyone has the opportunity to profit from these trades. You can earn on crypto, just follow OSA BTC.
👉 Only spot trading, 100% security, no risk of liquidation — https://t.me/+ng7VwRBAvu02M2Yy
Last week's results: 60.000$ - AVAX Trade
20240802-47081-68i9i91.77 KB
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🔹 All targets hit! Locking in +$60,000 in pure profits!
Join the OSA BTC community where subscribers participate in similar deals on a weekly basis. It's completely transparent, ensuring everyone has the opportunity to profit from these trades. You can earn on crypto, just follow OSA BTC.
👉 Only spot trading, 100% security, no risk of liquidation — https://t.me/+ng7VwRBAvu02M2Yy
Last week's results: 60.000$ - AVAX Trade
20240802-47081-68i9i91.77 KB
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⚡️ Major Telegram Bot Update
🟢 ቢጫውን ጫን ብላችሁ መያዝ ብቻ ነው
🟢 ለ60 ሰከንድ ከ900+ ኮይን ይሰጣቸዋል
🟢 በየ8 ሰአት እየገባችሁ መስራት ትችላላችሁ
🔗 Play and Claim Star | አሁኑኑ ጀምሩ
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👀 Notcoin spoiler alert
Yesterday there were false rumors about the listing of the DOGS project, which the team immediately denied and made it clear that the real listing is still not far away, but detailed information will be given later.
🗣 Notcoin has now joined the audience warming up and wrote in its TG-channel that August is the month of dogs. And also in August there will be rewards for games from the project.
Probably the listing will be just in August 🙂 .
DOGS
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🗓 August ወር ውስጥ በፈጣሪ እርዳታ List የሚደረጉ ኤርዶፖች ናቸው።
✅ AvaCoin
✅ DOGS
✅ DUCKS (DUMP)
⚠️ Connect your wallet
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