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Last Notes

2024-08-28 04:34:10

Ripple under Pressure: Large Investors Sell Off XRP 😬
Large investors have recently sold massive amounts of XRP. These sell-offs have significantly pushed the price down.
https://m.primal.net/KRAh.webp
The crypto market is currently experiencing turbulence, and XRP (XRP), the native cryptocurrency of the Ripple network, is no exception. ⚠️
On Monday, August 26th, the XRP price dropped for the second time in a row, breaking through the crucial $0.60 mark. The price decline is primarily attributed to the sale of large amounts by whales, i.e., major investors with substantial holdings. 🐋 These sales increase the pressure on the market and have led to a noticeable correction in the XRP price. 📉
🐋 Whale Sales Increase Pressure Data from the analysis company Santiment shows that investors holding over 100 million XRP sold around 140 million of these tokens within a week. 😱
Such massive sell-offs by large investors often trigger a chain reaction that drives the price of a cryptocurrency further down. The influence of whales on the market is enormous, and their decisions directly impact the price. 🌀 Recently, Ripple announced initial tests with its own stablecoin. However, this had not yet had a direct impact on the cryptocurrency's price.
While the whales are reducing their holdings, smaller investors seem to be taking the opportunity to buy up XRP. 🛍️ These purchases by retail investors may have slightly eased the selling pressure, but they couldn't stop the current downward trend. 📉 An analysis of the distribution of XRP holdings shows that the whale sales have been partially offset by an increase in holdings among smaller investors. 📊
#xrp #crypto #invest #altcoins

2024-07-31 04:55:53

🧨 BitnewsToday Crypto Analysis:
Investor Summary: Bitcoin Price Analysis and 7-Day Forecast (July 31 - August 6, 2024)
https://m.primal.net/Jjtn.webp
Market Overview:
Bitcoin has shown significant volatility throughout July 2024, with prices ranging from a low of $53,717 to a high of $69,987. The month ended with a closing price of $65,616 on July 31, 2024.
Statistical Analysis:
Mean price: $62,947
Median price: $63,974
Standard deviation: $3,892
Volatility (coefficient of variation): 6.18%
Time Series Analysis:
The ARIMA model and linear regression analysis suggest a slightly bullish trend for the next 7 days, with potential price targets as follows:
August 1, 2024: $66,123
August 2, 2024: $66,584
August 3, 2024: $67,012
August 4, 2024: $67,405
August 5, 2024: $67,768
August 6, 2024: $68,102
August 7, 2024: $68,412
☀️ Trend Analysis:
The overall trend indicates a moderate upward movement, with an average daily increase of approximately 0.7% over the next week.
Investor Recommendations:
Entry Point: Consider entering the market at or below $65,500, which represents a slight dip from the current price level.
Risk Management: Set stop-loss orders around $63,000 to protect against potential downside risks.
Target Prices: Short-term traders may consider taking profits at $68,000-$69,000 range, while long-term investors might hold for potential higher gains.
Volatility Awareness: Be prepared for daily price swings of up to 3-4% based on historical volatility.
Market Sentiment: Monitor global economic news and cryptocurrency regulations, as these factors can significantly impact Bitcoin prices.
Diversification: While Bitcoin shows a positive trend, consider diversifying your cryptocurrency portfolio to mitigate risks.
Technical Indicators: Watch for support levels around $64,000 and resistance at $70,000 based on recent price action.
Conclusion:
The analysis suggests a cautiously optimistic outlook for Bitcoin in the short term. However, investors should remain vigilant and adapt their strategies to changing market conditions. Always conduct thorough research and consider your risk tolerance before making investment decisions.
#bitcoin #crypto #invest #analysis #trend #btc #money #bitnewstoday

2024-07-24 02:31:59

In just 2 hours: Mt. Gox records outflows of $3.2 billion in Bitcoin (BTC) 🚨💸
https://m.primal.net/JcHB.webp
Mt. Gox has transferred over 47,500 BTC to unknown addresses, continuing the repayments. On July 23, Mt. Gox once again shifted funds, transferring over 47,500 Bitcoin worth almost $3.2 billion to two unknown addresses.
According to Arkham Intelligence, Mt. Gox holds 90,344 Bitcoin (BTC) valued at $6.02 billion. The current holdings are approximately 42,744 BTC worth $2.85 billion.
Following the insolvency declaration of the exchange on July 5, plans for an "immediate" repayment to creditors were announced, which are apparently already in full swing. 🔄💼
Preparations for Bitstamp Repayments
On July 22, Mt. Gox began preparing to repay creditors via Bitstamp.
According to Arkham Intelligence, Mt. Gox addresses have deposited one US dollar to four different Bitstamp deposit addresses. "Bitstamp is one of five exchanges working with the Mt. Gox trustee." 💰🔗
Although financial analyst Jacob King speculated in an X-Post on July 4 that 99 percent of creditors would "immediately" sell their coins if they received them, a Reddit survey suggests otherwise.
Over $12 billion
With the recent $3.2 billion in BTC from the Mt. Gox address, more than $12 billion has been paid out to creditors since July 16.
On July 16, the exchange recorded outflows of more than 140,000 BTC. This is a significant development after two weeks of inactivity. 📉🔍

2024-07-17 13:26:05

Poodlana: Fashion Memecoin Now Available in Presale
https://m.primal.net/JTzN.webp
Asia is not only a hotspot for crypto but also for fashion. The new Poodlana token combines these themes and is now available in presale. Today, Poodlana's presale opens its doors to investors who want to secure the new cryptocurrency early. The fashion-focused memecoin aims to appeal primarily to Asian buyers. That's why Poodlana features a poodle motif, as these dogs are as popular in the region as crypto and fashion.
The POODL token from Poodlana is available for $0.02 and promises a return of 169% for those who buy today until the presale ends on August 16. This is achieved solely through the various price tiers in the presale.
Poodlana Combines Poodles, Fashion, and Memes
The goal is to create a hype around Poodlana that originates in Asia and spreads worldwide in the foreseeable future. The hope is based on projections for the Asian fashion market, which is expected to generate a revenue of half a trillion dollars by 2029. Especially the emerging middle class in countries like China and Korea is extremely fashion-conscious.
It's not just Louboutin heels and Burberry trench coats that capture the hearts of trendsetters. The latest luxury accessory is poodles. K-pop stars, Chinese actors, and Japanese figure skaters regularly showcase the beautiful curls of their poodles, proving that this breed is popular across Asia.
Poodlana Presale Only Until August 16
Poodlana is touted as the "hottest new meme coin on Solana" and aims to attract investors with its low presale price of $0.02. POODL will only be offered in presale for 29 more days before it ends on August 16. Prices increase every 72 hours. This mechanism is intended to create a FOMO (Fear of Missing Out) wave among investors. After the presale ends, POODL will be listed on a DEX in less than 60 minutes.
Visit the official website to learn more about Poodlana and buy POODL coins: https://poodlana.com/en
#Poodlana #Memecoin #Crypto #Fashion #Presale #POODL #Solana #Investment #Asia #Poodles 🐩👗🌐

2024-07-17 13:19:02

Pixelverse Introduces Pudgy Penguin Figure in Telegram Mini-Game☀️
https://m.primal.net/JTyy.png
A character from Pudgy Penguins is being integrated into Pixelverse, joining characters like Doge from Dogecoin and Mew from the Solana memecoin MEW. The figure from the popular Non-Fungible Token (NFT) collection Pudgy Penguins will be introduced as a character in the Pixelverse mini-game on Telegram.
On July 16, Pixelverse announced the introduction of the Pudgy Penguin character "Pudgy" into the game. This character joins other crypto favorites like Doge from the memecoin Dogecoin (DOGE) and Mew, a character representing a Solana memecoin.
With this integration, players can play the character in the Pixelverse game. This follows the official release of the Pudgy Penguins game in 2025.
Decline of the NFT Market in the Second Quarter
In the second quarter of 2024, NFT sales volume decreased by 45 percent compared to the first quarter of the year. The digital collection tracker CryptoSlam showed a significant decline in NFT volume from $4.1 billion in the first quarter to $2.24 billion in the second quarter. This was the worst quarter for NFTs since the third quarter of 2023.
While the NFT market is in decline, some experts say the sector is undergoing a correction. Anoir Houmou, founder and CEO of the Sui-backed video engagement platform RECRD, said trends indicate that the market is gradually maturing after its explosive growth in recent years. Despite lower NFT sales, Pixelverse and Pudgy Penguins remain some of the biggest names in Web3 gaming and NFTs.
The Telegram mini-game PixelTap reached over 50 million users in the first month after its launch.
#Pixelverse #PudgyPenguins #NFT #CryptoGaming #TelegramGames #Web3 #Doge #Dogecoin #Mew #Solana #NFTMarket #Gaming #CryptoSlam #RECRD #PixelTap

2024-07-17 13:12:58

- reply

BR can influence the Bitcoin network through their holdings in various ways, similar to how paper gold can manipulate the gold price. 📊💡
Comparison with Paper Gold:
Market Stability and Liquidity:
Paper Gold: Large amounts of paper gold ETFs can flood the market and influence the physical gold price without any actual physical gold changing hands. 💰📉
Bitcoin: If BR holds large amounts of Bitcoin, they can impact market stability and liquidity. A sudden sale (dumping) could flood the market and drastically lower the price. 📉💸
Market Manipulation:
Paper Gold: Paper gold can be used to artificially manipulate the market by distorting the supply and demand balance. ⚖️🔄
Bitcoin: BR could use similar tactics by strategically moving their holdings in the market to create or control price fluctuations. 🔄📈
Impact on Trust:
Paper Gold: Investor trust can be undermined by the uncertainty about the actual amount of physical gold represented by paper gold. 🤔🔍
Bitcoin: A massive sell-off by BR could undermine investor confidence in the stability and future of the Bitcoin network, similar to how mistrust in the backing of paper gold can affect the gold market.
Long-term Effects:
Paper Gold: In the long run, manipulation through paper gold can lead to a distortion of the true value of physical gold.
Bitcoin: Similarly, BR's control over large Bitcoin holdings and their potential sale could have long-term effects on the perception and value of Bitcoin.
Through these mechanisms, BR can exert significant influence over the Bitcoin network, much like the manipulation of the gold price through paper gold.

2024-07-17 13:11:00

- reply

BR can influence the Bitcoin network through their holdings in various ways, similar to how paper gold can manipulate the gold price. 📊💡
Comparison with Paper Gold:
Market Stability and Liquidity:
Paper Gold: Large amounts of paper gold ETFs can flood the market and influence the physical gold price without any actual physical gold changing hands.
Bitcoin: If BR holds large amounts of Bitcoin, they can impact market stability and liquidity. A sudden sale (dumping) could flood the market and drastically lower the price.
Market Manipulation:
Paper Gold: Paper gold can be used to artificially manipulate the market by distorting the supply and demand balance. ⚖️🔄
Bitcoin: BR could use similar tactics by strategically moving their holdings in the market to create or control price fluctuations. 🔄📈
Impact on Trust:
Paper Gold: Investor trust can be undermined by the uncertainty about the actual amount of physical gold represented by paper gold. 🤔🔍
Bitcoin: A massive sell-off by BR could undermine investor confidence in the stability and future of the Bitcoin network, similar to how mistrust in the backing of paper gold can affect the gold market. 📉🤔
Long-term Effects:
Paper Gold: In the long run, manipulation through paper gold can lead to a distortion of the true value of physical gold. ⏳📉
Bitcoin: Similarly, BR's control over large Bitcoin holdings and their potential sale could have long-term effects on the perception and value of Bitcoin. ⏳📉
Through these mechanisms, BR can exert significant influence over the Bitcoin network, much like the manipulation of the gold price through paper gold.

2024-07-17 13:08:08

The Spectraal AI-powered trading bot is making impressive progress! It's becoming more effective in trading and generating good profits. Stay tuned for exciting developments!
https://m.primal.net/ItYc.jpg
#AI #TradingBot #Profits #bitcoin #investing

2024-07-17 08:26:27

How BlackRock's Dominance Could Become Dangerous for Bitcoin 🚨
BlackRock manages over 316,000 BTC with its Bitcoin ETF. The dominance of this U.S. financial giant is steadily increasing. Is this concentration a threat to Bitcoin? 🤔 Just a few years ago, BlackRock CEO Larry Fink was a declared Bitcoin skeptic.
https://m.primal.net/JTmZ.webp
However, the man at the helm of the world's largest asset manager has changed his mind. Once regarding Bitcoin merely as a tool for money laundering, he now views the cryptocurrency as "digital gold" and refers to it as a "safe haven" 🛡️.
The company’s own iShares Bitcoin Trust (IBIT) now controls over 318,000 BTC, leaving all other Bitcoin ETF competitors far behind. BlackRock's market share continues to rise and no one seems able to stop the U.S. financial behemoth. What does this concentration of economic power mean for Bitcoin?
This rising control brings several concerns. Firstly, the centralization of Bitcoin holdings contradicts the decentralized ethos originally championed by Bitcoin 🔄.
Such control by a single entity could lead to market manipulation, where the actions of one firm could significantly influence Bitcoin's price 📉.
Furthermore, BlackRock's position could also lead to regulatory scrutiny. Governments worldwide might perceive the concentration of Bitcoin under a corporate umbrella as a potential threat to fiscal policies or even financial stability 🌐.
This could prompt stricter regulations which might stifle the growth and innovation in the cryptocurrency sector 💼.
#bitcoin #hedgefond #crypto #invest #bitnewstoday

2024-07-17 03:02:31

🧨 Bitnews.Today Airdrop of the Day:
MACARON
https://m.primal.net/JTYx.png
Macaron is a DEX built on Bitlayer, offering the most seamless trading experience and competitive yield-making schemes for users. Macaron goes beyond a DEX, but more a collection of yield-generating tools for users including liquidity farming, staking incentives, trade-to-earn and their special community-driven Point & Airdrop program to make their users win big.
Macaron doesn’t have their token yet but has launched a points campaign and confirmed to do an airdrop to users who collect points. Sign up for the campaign, make trades, provide LP, and do simple social tasks to earn points. Also, get 15% of the points from each referral. The earned points will be converted to tokens after TGE.
Step-by-Step Guide:
Visit the Macaron airdrop page: https://www.macaron.xyz/#/airdrop?code=cdeb5
Connect your wallet and change the network to Bitlayer.
Now click on “Verify” and verify your wallet.
Then, connect your Twitter and follow them.
Now, enter the invite code “cdeb5” to join the campaign.
You will get 600 social points.
Complete other social tasks to earn more social points.
Now, make trades and provide liquidity on Macaron to earn DeFi points.
You can use the Bitlayer bridge to bridge assets from other chains to Bitlayer: https://www.bitlayer.org/bridge
Also, get 15% of the points from each referral.
All the earned points will be converted to Macaron tokens after TGE.
For more information regarding the airdrop, see this Medium article:
https://macarondex.medium.com/farm-points-with-macaron-saddle-up-for-the-ride-%EF%B8%8F-a66e0048abfd
#airdrop #crypto #invest

2024-07-16 13:25:31

Mt. Gox Shifts $9 Billion in Bitcoin (BTC): Market Sentiment Turns 🔄
The Mt. Gox cold wallet has transferred over 140,000 BTC, stirring market anxiety. According to Arkham Intelligence, Mt. Gox's main wallet still holds 138,985 Bitcoin (BTC) worth around $8.7 billion and has moved the funds for the first time in two weeks.
In two transactions, nearly 96,000 BTC worth over $6 billion were moved to two unknown wallets, while the initial 44,527 BTC were sent to a known Mt. Gox cold wallet. Over $6 Billion in Two Hours 🕑
https://m.primal.net/JSpm.webp
The total volume of BTC transactions by Mt. Gox on July 16th was almost 190,000 BTC, representing over $12 billion moved in just three hours.
https://m.primal.net/JSpp.webp
The unknown address ending in "BHDct9b" received 42,587 BTC worth $2.69 billion, while the remaining 4641.24 BTC worth $293.94 million were transferred to the wallet "Mt. Gox: Cold Wallet (1Jbez)."
The address "BHDct9b" has not yet transferred the 42,587 BTC, but the resulting market fear indicates a shift in sentiment towards BTC.
Subsequently, another 48,641 BTC were sent to a different unknown address, moving an additional $3.07 billion from the main Mt. Gox wallet. Impact of Repayment 💸
Mt. Gox announced on July 5th that the bankrupt exchange would begin repaying its BTC and BCH debts to creditors. It stated that the repayments to creditors would occur through certain cryptocurrency exchanges.
The announcement named Mt. Gox Co. Ltd. as the debtor and attorney Nobuaki Kobayashi as the rehabilitation trustee.
The repayment statement mentioned that the remaining rehabilitation creditors would receive the funds "immediately" once the necessary conditions are met.
Given that the main Mt. Gox wallet showed outflows exceeding $9 billion in BTC on July 16th, this rapid repayment might occur before August.

2024-07-16 06:21:05

🚨Lazarus Group Launders $35M from DMM Bitcoin Hack via Cambodian Exchange
Hackers linked to the North Korean Lazarus Group have reportedly moved over $35M from the $305M hack on DMM Bitcoin in May. 🎭
https://m.primal.net/JSYc.webp
According to on-chain investigator ZachXBT, the stolen funds were laundered through Huione Guarantee, a platform operating in Cambodia. 🕵️‍♂️🇰🇭
💱 Stolen Bitcoin was mixed, converted to Ethereum and Avalanche via THORChain, and then to Tether (USDT), eventually ending up in Tron. A transfer of $28.2M was blocked when Tether blacklisted the wallet address on July 12. 📛🔗
DMM Bitcoin, a Japan-based exchange, suffered this major hack due to a critical security flaw, leading to unauthorized Bitcoin withdrawals. Despite this, the exchange raised $321M to compensate users. 🇯🇵💸
Elliptic researchers found that Huione Guarantee has processed over $11B in transactions from various scams and exploits, linking it to the Cambodian government. 🌐👥
In 2024, over $1.4B in crypto has been stolen, with centralized exchanges frequently targeted. 🏦💻
#bitcoin #hack #crypto #exchange

2024-07-16 03:08:55

Have a good Day all Nostr Fans☀️
https://m.primal.net/JSRO.png

2024-07-15 03:13:26

🧨 Bitnews Today BTC Analysis:
Bitcoin (BTC) Shows Strong Recovery and Bullish Momentum - July 15 to July 29, 2024
https://m.primal.net/JRJB.webp
Investor Summary:
Sentiment Analysis Summary:
The sentiment for Bitcoin (BTC) appears to be strongly positive. After experiencing a significant drop in early July, the price has shown a robust recovery in recent days. The consistent upward trend from July 7th to July 15th suggests renewed investor confidence and bullish market sentiment.
Volatility Summary:
Bitcoin has demonstrated moderate to high volatility over the analyzed period. The price has fluctuated between $53,717 and $67,188, representing a range of about 25.1%. This indicates that BTC remains a volatile asset, presenting both opportunities and risks for investors.
Long-term Investment:
For long-term investors, Bitcoin continues to be a strong option with significant growth potential.
Entry price for long-term investment: $62,434 (current price as of July 15, 2024)
Target exit price (6-12 months): $80,000 - $90,000 (potential upside of 28.1% - 44.2%)
Short-term Investment:
For short-term traders, Bitcoin offers opportunities due to its recent upward momentum and volatility.
Entry price for short-term trade: $61,500 - $62,500 (wait for a small dip)
Target exit price (7-14 days): $65,000 - $67,000 (potential upside of 4.0% - 8.9%)
Stop-loss: $59,000 (to limit potential losses)
Risk Management:
Despite Bitcoin's status as a leading cryptocurrency, it's crucial to implement risk management strategies:
Use stop-loss orders to limit potential losses
Don't invest more than 5-10% of your portfolio in cryptocurrencies
Consider dollar-cost averaging for long-term investments to mitigate the impact of volatility
Technical Analysis:
The 7-day linear regression analysis suggests a strong bullish trend in the short term. The ARIMA model predicts a potential continuation of the upward movement in the coming days, with some expected fluctuations.
Support levels: $60,000, $58,000
Resistance levels: $65,000, $67,000
Market Sentiment:
The overall crypto market sentiment appears positive, with Bitcoin leading the recovery. Investors should stay informed about broader market trends, regulatory news, and macroeconomic factors that could affect Bitcoin's price.
Conclusion:
Bitcoin presents a compelling investment opportunity with strong bullish momentum in the short to medium term. While risks remain due to its inherent volatility, the current trend and market sentiment suggest potential for further gains.
Projected daily prices for the next 7 days (based on ARIMA model):
July 16, 2024: $63,200 (+1.23%)
July 17, 2024: $63,900 (+1.11%)
July 18, 2024: $64,500 (+0.94%)
July 19, 2024: $65,000 (+0.78%)
July 20, 2024: $65,400 (+0.62%)
July 21, 2024: $65,700 (+0.46%)
July 22, 2024: $65,900 (+0.30%)
https://m.primal.net/JRJE.png
https://m.primal.net/JRJG.png
Best entry point: Consider entering around $61,500 - $62,500 (July 15-16, 2024) for a short-term trade or long-term investment, as this appears to be a potential local support level based on the analysis.
#bitcoin #invest #bitnewstoday #analysis #crypto #money

2024-07-14 04:16:31

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#InvestingTips #StockMarket #CryptoNews #GoodMorning

2024-07-14 03:53:28

BlackRock: Ethereum Fund Surpasses $500 Million Mark
https://m.primal.net/JQBQ.webp
The world's largest asset manager is increasingly tokenizing assets on Ethereum. Now, BlackRock has reached a milestone. Its BUIDL Fund—a tokenized money market fund based on Ethereum—has exceeded the $500 million mark. This makes BUIDL the first tokenized treasury product to hit this milestone in less than four months since its launch in March 2024.
https://m.primal.net/JQBR.jpg
A money market fund is an investment fund that invests in short-term, highly liquid, and secure money market instruments like government bonds, certificates of deposit, and commercial paper.
The success of the BUIDL Fund is further promoted by its use in various DeFi protocols like Ondo Finance and Mountain Protocol. These protocols utilize BUIDL as collateral for their own yield-generating products, boosting demand for the fund.
Additionally, digital asset brokers like FalconX and Hidden Road have included the token in their portfolios for institutional investors. For the future of Ethereum, this could be a very positive signal.
If major financial players like BlackRock increasingly rely on Ethereum and tokenize assets, it could strengthen confidence in the Ethereum blockchain. 💼🚀📈

2024-07-13 04:47:18

Bitnews Today Weekend Special 🎉
https://m.primal.net/JOrz.gif

2024-07-13 03:40:54

- reply

Thank you....

2024-07-13 03:38:01

🧨 BitnewsToday Investment Tip:🫰
XRP: Bullish Recovery with Potential for Short-Term Gains - July 13 to July 27, 2024
https://m.primal.net/JOpC.webp
Investor Summary☀️
Sentiment Analysis Summary:
The sentiment for XRP appears to be cautiously optimistic. After experiencing a significant drop in early July, the price has shown strong signs of recovery in recent days. The sharp increase from July 11th to July 13th suggests renewed investor confidence, but caution is still warranted due to recent volatility.
Volatility Summary:
XRP has demonstrated moderate to high volatility over the analyzed period. The price has fluctuated between $0.3911 and $0.5191, representing a range of about 32.7%. This indicates that XRP is a relatively volatile asset, presenting both opportunities and risks for investors.
Long-term Investment:
For long-term investors, XRP presents a moderate-risk, high-potential opportunity. The cryptocurrency has shown resilience and ability to recover from price drops.
Entry price for long-term investment: $0.4882 (current price as of July 13, 2024)
Target exit price (3-6 months): $0.6500 (potential upside of 33.1%)
Short-term Investment:
For short-term traders, XRP offers opportunities due to its recent volatility and upward momentum. The current trend appears to be bullish in the short term, with potential for further gains in the coming days.
Entry price for short-term trade: $0.4800 - $0.4900 (wait for a small dip) Target exit price (7-14 days): $0.5200 - $0.5400 (potential upside of 6.1% - 12.5%) Stop-loss: $0.4600 (to limit potential losses)
Risk Management:
Due to XRP's volatility, implementing strict risk management strategies is crucial:
Use stop-loss orders to limit potential losses
Don't invest more than 2-3% of your portfolio in this asset
Consider dollar-cost averaging for long-term investments to mitigate the impact of volatility
Technical Analysis:
The 7-day linear regression analysis suggests a strong bullish trend in the short term. The ARIMA model predicts a potential continuation of the upward movement in the coming days, but with some fluctuations.
Support levels: $0.4700, $0.4500
Resistance levels: $0.5000, $0.5200
Market Sentiment:
The overall crypto market sentiment may significantly impact XRP's performance. Investors should stay informed about broader market trends and news that could affect the cryptocurrency space, particularly any developments related to Ripple and its ongoing legal matters.
Conclusion:
XRP presents a moderate-risk investment opportunity with the potential for significant returns in the short term. The current trend appears bullish, but investors should exercise caution due to the asset's recent volatility and the broader market conditions.
Projected daily prices for the next 7 days (based on ARIMA model):
July 14, 2024: $0.4950 (+1.38%)
July 15, 2024: $0.5020 (+1.41%)
July 16, 2024: $0.5080 (+1.20%)
July 17, 2024: $0.5130 (+0.98%)
July 18, 2024: $0.5170 (+0.78%)
July 19, 2024: $0.5200 (+0.58%)
July 20, 2024: $0.5220 (+0.38%)
Best entry point: Consider entering around $0.4800 - $0.4900 (July 13-14, 2024) for a short-term trade or long-term investment, as this appears to be a potential local support level based on the analysis.
#xrp #bitnewstoday #crypto #invest #money #zap #trading #bitcoin

2024-07-13 03:25:34

Bitnews Today wishes all followers and non-followers a wonderful and delightful day! May all your wishes come true. Cheers! 🚀✨
https://m.primal.net/JOoh.webp

2024-07-12 09:08:00

🧨 Bitnews.Today Airdrop of the Day:
EarthMeta
EarthMeta is at the forefront of the Metaverse X AI revolution, transforming the way we interact in the digital world. By integrating advanced AI features, EarthMeta enhances its Metaverse experience, creating a seamless and dynamic environment. The $EMT token plays a crucial role as the backbone of this innovative platform.
https://m.primal.net/JNrd.webp
EarthMeta is poised to benefit from the rapidly growing Metaverse market, which is expected to see significant growth in the coming years. With $EMT at its core, EarthMeta aims to provide users with a vibrant and comprehensive Metaverse ecosystem. Don’t miss your chance to be part of this transformative journey. Secure your $EMT token today and lead the push into the future. 🚀🌐✨
-------------------------------------------------
ICO Prerequisites
Start Date:
June 1, 2024
End Date:
July 30, 2024
Token:
EMT Network
Price per Token:
$0.015
Purchase with:
ETH, USDT, MATIC, BNB, CARD
Restrictions:
KYC not required
Restricted Countries:
North Korea, Sudan, Syria, Iran, Yemen, Myanmar

2024-07-12 09:00:42

BlackRock and Co. Await Approval of Ethereum ETFs
The entire crypto sector is currently waiting for the final approval of Ethereum Spot ETFs. For BlackRock, Fidelity, and Co., it's only a matter of time. The ETF issuers BlackRock, Fidelity, and Co. are awaiting the approval of their ETH exchange products by the US Securities and Exchange Commission (SEC).
https://m.primal.net/JNrR.jpg
As an unnamed issuer explained to The Block, they are waiting for a response from the authority. The next announcement from the SEC will be "extremely enlightening." After the authority, under the leadership of Gary Gensler, approved the 19b-4 applications for the submitted Ethereum ETFs, the S-1 applications must now be approved. However, the SEC does not have to adhere to a deadline.
"The SEC is continuing its review, and we seem to be getting closer to final approval," it continues. "We expect a final filing, but the timing is unclear."
According to Bloomberg analyst Eric Balchunas, the SEC could issue an approval as early as July 18. With a seven percent price increase in the past week, ETH is responding to the expected approval. At the time of writing, the second-largest cryptocurrency by market capitalization is trading at $3,081.
#invest #crypto #bitcoin #bitnewstoday

2024-07-11 02:35:25

🧓👵 How to explain #Bitcoin to your Grandparents:
"Hey Grandma and Grandpa, imagine your dollars 💵 and euros 💶 went on a digital vacation and decided to live on the internet! 🌐
https://m.primal.net/JMih.jpg
Bitcoin is just like your regular money, but it’s decentralized and lives online. No banks, no middlemen, just magic internet money! 🧙‍♂️✨
Transfers in minutes ⏱️, costs less than a penny 🪙, and no take-backs! 🚫💸
Welcome to the future, where even your piggy bank is digital! 🐷➡️🖥️
#Crypto #Bitcoin #bitnewstoday #TechSavvySeniors 🚀

2024-07-11 02:17:42

🧨 Bitnews.Today Airdrop of the Day:
SpacePay 🚀💳
Award-Winning Innovation 🏆 SpacePay is a revolutionary cryptocurrency payment software solution designed to revolutionize the way people transact in the digital age. SpacePay bridges the gap between traditional financial infrastructure and the decentralized world of blockchain technology. SpacePay tackles the primary obstacles faced by the cryptocurrency ecosystem, such as the lack of accessibility and usability for everyday transactions.
https://m.primal.net/JMiF.png
About SpacePay (SPY) 🌍
SpacePay, an innovative fintech startup based in London, is transforming the payment landscape by bridging traditional financial infrastructure with the decentralized world of blockchain technology. Supported by global strategic investors, SpacePay is poised to empower payment companies and merchants with the next generation of payments: Cryptocurrency.
SpacePay addresses the major challenges of the cryptocurrency ecosystem, such as accessibility and usability in everyday transactions. With its user-friendly software, SpacePay seamlessly integrates with existing card machines, enabling consumers to use cryptocurrencies from over 325 wallets for daily purchases while allowing merchants to receive payouts in their preferred traditional currencies.
SpacePay is setting new standards in the payment industry by strictly adhering to all financial regulatory policies, enabling operations in every unsanctioned country. 🌐
Offering extremely low costs to merchants and being completely fee-free for users and payment companies, SpacePay has rapidly scaled to become the market leader in cryptocurrency payments.
Currently in private beta, SpacePay is on the brink of major partnership announcements with the world’s largest card machine companies. 🤝
Poised to launch on over 4.5 million devices across nine countries in 2024 alone, SpacePay is revolutionizing the payment landscape. With a commitment to regulatory compliance and unmatched cost efficiency, SpacePay is at the forefront of the next generation of payments, making cryptocurrency accessible and practical for everyday transactions.
Positioned as the decentralized equivalent of VISA and Mastercard for cryptocurrency, SpacePay aims to achieve the same level of global impact. 🌟 Previous Achievements:
💰 Fundraised Successfully: Raised $750,000 from private investors, signaling strong investor trust in our growth plans.
🔄 Buy-Back Achievement: Successfully reinvested in our growth through a completed buy-back option, driving further development.
✅ MVP and Market Readiness: Completion of our Minimum Viable Product (MVP).
🛡 Strengthening Assets with IP: In the process of acquiring Intellectual Property to secure and enhance our market position.
📜 Regulatory Compliance Mastery: SpacePay is fully compliant with regulatory standards, enabling operation in every unsanctioned nation and ensuring a broad and unrestricted market reach.
Website: https://spacepay.co.uk/
#bitcoin #payment #crypto #invest #ico #bitnewstoday

2024-07-11 01:48:40

The German government continues selling Bitcoin, transferring additional BTC valued at $342 million. So far, 5,853,409 Bitcoin have been sent to exchanges like Coinbase, Kraken, and others. 🔄
This signals the beginning of more sales. 📉 The BTC sale goes on! Before this, a flow of 6,000 BTC followed a $178 million sale of 3,100 BTC on July 9.
The address also pulled 1,700 BTC worth $91.78 million from Bitstamp, retrieving its BTC and indicating it couldn't sell them on the exchange. 🚫📊
https://m.primal.net/JMhX.webp
On July 9, the balance was about 26,000 BTC worth approx $1.5 billion. A linked address used for selling had 4,800 BTC. 🔄
As of July 10, the wallet's current balance is only 18,110 BTC worth $1.06 billion, a drop of over $400 million since July 9. 💸
From nearly 50,000 BTC seized by the Attorney General, only about 13,110 BTC worth $770 million remain. 📉 The German government is no longer a BTC billionaire.
https://m.primal.net/JMhY.webp
Currently, BTC is at about $58,000, with the total crypto market cap at $2.15 trillion, up 1.39% in the last 24 hours. 🚀
#CryptoNews #BitcoinSale #bitnewstoday #bitcoin #money

2024-07-09 07:53:33

Approximately $687 Million 💵
12,000 Bitcoin in One Day: German Authorities Conduct Largest Sale Yet 🚀
https://m.primal.net/JLQD.webp
In a single day, over half a billion dollars: The Federal Criminal Police Office (BKA) in Saxony has sold more Bitcoin than ever before, half of the "Saxon Treasure" is now gone.
The sale continued briskly at the BKA in Saxony: yesterday, on July 8th, a total of 12,000 Bitcoin were sold.
This information comes from Arkham Intelligence data.
The equivalent value: approximately $687 million.
This is the largest sale Saxony has made in one day.
It is assumed that the authorities are selling their BTC off-exchange, through so-called OTC desks.
Bitcoin fell by about two percent over the course of the day.
However, the cryptocurrency has since recovered, gaining almost four percent.
The BKA's coins originated from the alleged operators of the illegal streaming platform movie2k.to. The proceedings against a 40-year-old German and his 37-year-old accomplice from Poland are still ongoing.
Speaking to BTC-ECHO, the agency merely stated, "The proceeds from confiscated values flow according to Section 60 of the Criminal Execution Code to the respective state treasury where the competent court is located."
The BKA now has about 27,000 Bitcoin remaining. Originally, there were 50,000 Bitcoin. 📉🔍
#btc #money #crypto #hodl #invest #trading

2024-07-09 07:50:03

Binance: Whale Moves $100 Million in BNB 🐳💸
https://m.primal.net/JLPz.webp
A whale has transferred $100 million worth of BNB to Binance.
This equates to 200,000 BNB.
It's unclear whether they've sold yet.
The entire wallet has only made three transactions in nearly a year. One was 177 days ago, involving about 3,000 BNB.
The other, 333 days ago, was almost worthless.
BNB rose by about 3% today, now priced at $515 with a market cap of $76 billion. 📈💰
#bitcoin #bitnewstoday #crypto #invest #trading

2024-07-09 03:15:08

🌞 Good Morning, BitNews Today Readers! 📰
https://m.primal.net/JLJL.png
Wake up and smell the crypto! ☕🚀 Here's your daily dose of fun facts and chuckles to kick off the day with a smile:
Did you know that Bitcoin once bought two pizzas? 🍕 Talk about expensive taste!
Ethereum is still trying to prove it's more than just a fancy calculator. 😂🧮
Rumor has it that Satoshi might just be a group of four cats working on a laptop. 😹🐾
Remember, whether the market goes up or down, keep your spirits high and your investments diversified! 📈📉
Wishing you a fantastic day full of profitable trades and zero tech issues! 🌟💻
#GoodMorningCrypto #bitcoin #crypto #invest #bitnewstoday

2024-07-07 08:00:02

- reply

thx ;-)

2024-07-07 07:54:51

🧨 Bitnews.Today Airdrop of the Day:
Rivalz introduces an AI Intel Layer powering an ecosystem of modular AI-apps. It is a DePIN-based RollApp built on top of Dymension, using Celestia and Eigen.
https://m.primal.net/JJuH.png
Rivalz Network is running an incentivized testnet Galxe Quest campaign for its users. Visit their campaign page and complete easy social tasks to earn free points.
Step-by-Step Guide:
1. Visit the Rivalz Network Galxe quest page:
https://app.galxe.com/quest/RivalzNetwork/GCKr1tdwsQ
2. Log in with your social media account or wallet address.
3. Follow Rivalz on X:
https://x.com/Rivalz_AI
4. Have a verified role in Rivalz Discord channel.
Ensure to complete these tasks from the quest page.
Complete other tasks to earn free points.
The points will be later converted to RIZ tokens.

2024-07-07 07:44:47

🫰 Bitnews Today Crypto Investment Analysis:
EGLD (MultiversX) Cryptocurrency: Bullish Short-Term Trend with Potential Volatility - July 7 to July 21, 2024.
https://m.primal.net/JJtu.png
Investor Summary:
Sentiment Analysis Summary:
The sentiment for EGLD (MultiversX) appears to be cautiously optimistic. After experiencing a significant drop in mid-June, the price has shown signs of recovery in recent days. The sharp increase from July 4th to July 6th suggests renewed investor interest, but caution is warranted due to the asset's volatility.
Volatility Summary:
EGLD has demonstrated high volatility over the analyzed period. The price has fluctuated between $27.33 and $36.14, representing a range of about 32%. This indicates that EGLD is a moderately volatile asset, presenting both opportunities and risks for investors.
Long-term Investment:
For long-term investors, EGLD presents a moderate-risk, high-potential opportunity. The cryptocurrency has shown resilience and ability to recover from price drops.
Entry price for long-term investment: $33.60 (current price as of July 7, 2024)
Target exit price (3-6 months): $45.00 (potential upside of 33.9%)
Short-term Investment:
For short-term traders, EGLD offers opportunities due to its volatility. The current trend appears to be bullish in the short term, with potential for further gains in the coming days.
Entry price for short-term trade: $33.00 - $34.00 (wait for a small dip)
Target exit price (7-14 days): $38.00 - $40.00 (potential upside of 11.8% - 21.2%)
Stop-loss: $31.00 (to limit potential losses)
Risk Management:
Due to EGLD's volatility, implementing strict risk management strategies is crucial:
Use stop-loss orders to limit potential losses
Don't invest more than 2-3% of your portfolio in this asset
Consider dollar-cost averaging for long-term investments to mitigate the impact of volatility
Technical Analysis:
The 7-day linear regression analysis suggests a bullish trend in the short term. The ARIMA model predicts a potential continuation of the upward movement in the coming days, but with some fluctuations.
Support levels: $32.00, $30.00
Resistance levels: $36.00, $38.00
Market Sentiment:
The overall crypto market sentiment may significantly impact EGLD's performance. Investors should stay informed about broader market trends and news that could affect the cryptocurrency space.
Conclusion:
EGLD presents a moderate-risk investment opportunity with the potential for significant returns. The short-term trend appears bullish, but investors should exercise caution due to the asset's volatility.
Projected daily prices for the next 7 days (based on ARIMA model):
July 8, 2024: $34.20 (+1.76%)
July 9, 2024: $34.80 (+1.75%)
July 10, 2024: $35.30 (+1.44%)
July 11, 2024: $35.70 (+1.13%)
July 12, 2024: $36.00 (+0.84%)
July 13, 2024: $36.20 (+0.56%)
July 14, 2024: $36.30 (+0.28%)
Best entry point: Consider entering around $33.00 - $34.00 (July 7-8, 2024) for a short-term trade or long-term investment, as this appears to be a potential local bottom based on the analysis.
#bitcoin #crypto #invest #bitnewstoday #analysis #money #trading

2024-07-06 03:55:24

PEPE NOW HAS HIS OWN BLOCKCHAIN!
Congrats! You're early to the party! Buy and Stake now during Presale to max out your rewards before the price skyrockets!
https://m.primal.net/JJHn.png
🫰 https://pepeunchained.com/en
#crypto #bitnewstoday #invest #blockchain #btc

2024-07-05 10:21:33

- reply

who knows :-)

2024-07-05 10:17:55

Mt. Gox, BKA and Co.
Crypto Market Continues to Crash.....
https://m.primal.net/JIeq.webp
The sell-off in the crypto market continues. Bitcoin and Co. are trading deep in the red.
The sell-off in Bitcoin and Co. continues. Large parts of the market start today's trading day with a significant loss. The total market capitalization fell by 8.3 percent over the day.
Bitcoin lost almost 8 percent in value over the past 24 hours. On a weekly and monthly basis, the price decline is even more severe at 12 and 23.5 percent, respectively.
At the time of writing, BTC is trading at just under $54,330 - as low as it was last in February of this year.
The sell-off is most noticeable in the altcoin sector. The Ethereum price has to accept a minus of almost 11 percent.
The remaining ten most valuable cryptocurrencies all recorded a decline between 7 (Solana) and 15 percent (Cardano).
Among the top 100, TRON, MultiversX, and FET remain relatively stable - with price declines of 3.8 to 6 percent.
Even memecoins are not spared from the strong sell-off. The market capitalization of the sector fell by 23.3 percent. Especially the BASE memecoin Brett had to take a big hit. The market sentiment has significantly darkened. The Fear and Greed Index is currently at 29 points, indicating "Fear" 😨.
Due to the sharp price decline, over $580 million in long positions were liquidated, according to Coinglass. According to WhaleWire, this is the second-largest liquidation of capital in the crypto market ever - only the FTX sell-off was more severe.
The reason for the sell-off can be attributed to several factors.
Firstly, there are the payouts from Mt. Gox to affected parties. According to the blockchain service Arkham Intelligence, the insolvent Japanese crypto exchange recently transferred 47,229 Bitcoin ($2.7 billion) from a cold wallet.
The insolvency administrator had previously announced that the first payouts would start in July. Mt. Gox owes its creditors Bitcoin worth over $8 billion in total.
#bitcoin #crash #mtgox #bitnewstoday #crypto #trading #invest

2024-07-05 03:07:50

- reply

https://primal.net/e/note1zmawsk4gy0ksepqxuky92jku4lmlqny0yp49tnxahmvwgrf9y2es87a8uz

2024-07-05 03:06:32

Is Tether's USDT disappearing from Europe?
https://m.primal.net/JIUC.webp
There's turmoil in the crypto space. Tether, the issuer of the world's largest stablecoin, USDT, is under pressure in Europe. The reason: the recently enacted MiCA regulation by the European Union. The rules that Brussels prescribes for the stablecoin sector impose extensive transparency obligations on providers, especially regarding the disclosure of reserves. Obligations that apparently diminish Tether's licensing efforts. In the end, USDT could even disappear entirely from the EU, experts believe,
#crypto #bitnewstoday #invest #trading

2024-07-05 02:39:52

"BitNews Today wishes all readers a beautiful good morning."
https://m.primal.net/JITU.webp

2024-07-04 12:48:34

🎆🇺🇸 Happy 4th of July from BitNews Today! 🚀🎉
As we celebrate Independence Day with fireworks lighting up the night sky, let's also shine a light on the future of finance. 🌟 Today, amidst the classic scenes of picnics and parades, we're seeing an increasing number of Americans embracing digital currencies like Bitcoin. 💻💸
https://m.primal.net/JHsE.webp
Join us in marking this day of freedom by exploring how financial independence is evolving. Whether you're trading at a barbecue or just checking your investments while watching the fireworks, remember that innovation is our nation's backbone. 🍔📈
Happy Fourth! Keep your spirits high and your wallets secure. 🔒❤️
#4thOfJuly #Bitcoin #FinancialFreedom

2024-07-04 12:45:14

- reply

we do our best thx....

2024-07-04 12:36:23

Bitnews Today Crypto Investment Analysis:
OM Cryptocurrency: Bullish Short-Term Trend with High Volatility - July 4 to July 18, 2024:
https://m.primal.net/JHrY.png
Investor Summary:
Sentiment Analysis Summary:
The sentiment for OM appears to be cautiously optimistic. After experiencing a significant drop in mid-June, the price has shown signs of recovery in recent days. The sharp increase on July 3rd suggests renewed investor interest, but caution is warranted due to
the asset's volatility.
Volatility Summary:
OM has demonstrated high volatility over the analyzed period. The price has fluctuated between $0.6317 and $1.0932, representing a range of about 73%. This indicates that OM is a highly volatile asset, presenting both significant opportunities and risks for investors.
Long-term Investment:
For long-term investors, OM presents a high-risk, high-reward opportunity. The cryptocurrency has shown substantial price swings, which could lead to significant gains or losses. The current price level may offer a potential entry point for those willing to hold for an extended period.
Entry price for long-term investment: $0.7930 (current price as of July 4, 2024)
Target exit price (3-6 months): $1.1000 (potential upside of 38.7%)
Short-term Investment:
For short-term traders, OM offers opportunities due to its high volatility. The current trend appears to be bullish in the short term, with potential for further gains in the coming days.
Entry price for short-term trade: $0.7900 - $0.8000 (wait for a small dip)Target exit price (7-14 days): $0.9500 (potential upside of 18.75% - 20.25%)Stop-loss: $0.7500 (to limit potential losses)
Risk Management:
Due to OM's high volatility, implementing strict risk management strategies is crucial:
Use stop-loss orders to limit potential losses
Don't invest more than 1-2% of your portfolio in this high-risk asset
Consider dollar-cost averaging for long-term investments to mitigate the impact of volatility
Technical Analysis:
The 7-day linear regression analysis suggests a bullish trend in the short term. The ARIMA model predicts a potential continuation of the upward movement in the coming days, but with a high degree of uncertainty.
Support levels: $0.7500, $0.7000
Resistance levels: $0.9000, $1.0000
Market Sentiment:
The overall crypto market sentiment may significantly impact OM's performance. Investors should stay informed about broader market trends and news that could affect the cryptocurrency space.
Conclusion:
OM presents a high-risk investment opportunity with the potential for significant returns. The short-term trend appears bullish, but investors should exercise caution due to the asset's high volatility. Only invest what you can afford to lose.
Projected daily prices for the next 7 days (based on ARIMA model):
July 5, 2024: $0.8200 (+3.40%)
July 6, 2024: $0.8450 (+3.05%)
July 7, 2024: $0.8650 (+2.37%)
July 8, 2024: $0.8800 (+1.73%)
July 9, 2024: $0.8900 (+1.14%)
July 10, 2024: $0.8950 (+0.56%)
July 11, 2024: $0.8975 (+0.28%)
Best entry point: Consider entering around $0.7900 - $0.8000 (July 4-5, 2024) for a short-term trade or long-term investment, as this appears to be a potential local bottom based on the analysis.
#invest #bitcoin #bitnewstoday #mantra #altcoins #trading

2024-07-04 03:16:04

🌟 Bitnews Tip of the Day:
Meme Kombat
Iconic meme coins have been exploding one after another in 2023, sparking hot discussions on social media. This hasn't gone unnoticed by the developers of Meme Kombat, as they have created the ultimate battle arena for polarizing meme characters. Crypto fans no longer have to choose between Spongebob, Pepe, or Milady – they're all represented in Meme Kombat!
https://m.primal.net/JHTv.webp
In exciting live, side-action, or PvP bets, crypto enthusiasts place wagers on duels between their favorite cult figures. Whoever emerges victorious from the battle will be surprised with unique rewards.
Those who just want to watch the colorful action from the sidelines don't have to miss out on rewards: Token holders can stake Meme Kombat and earn passive income – early bird investors can expect a staking APY of 112%!
The centerpiece of the meme ecosystem is the Meme Kombat Token, which is used in the network as follows:
Buy and use Meme Kombat Tokens: Crypto fans can buy Meme Kombat and use the brand new token as a means of payment for placing new bets.
Receive Meme Kombat Tokens as rewards: Investors can receive the $MK Token as a reward in numerous ways. While winners from betting duels are rewarded with Battle Rewards, staking participants can generate passive income. 30% of the token supply is reserved for these distributions. In the future, there will also be various community rewards – 10% of all Meme Kombat Tokens are locked for this purpose.
#bitnewstoday #bitcoin #meme #crypto #invest #game

2024-07-03 13:31:57

🚀📉 The Bitcoin roller coaster is going downhill fast! But remember, fellow HODLers, we've been through this before! 💪💎
https://m.primal.net/JGkt.webp
Keep calm and HODL on! 😎✊ Our time will come again! ✨
#Bitcoin #HODL #Crypto #BitcoinCrash #StayStrong #bitnewstoday 🌙

2024-07-02 03:53:15

Analysts from Goldman Sachs and MIT: AI Needs a "Killer App" or the Bubble Will Burst 📉💥
https://m.primal.net/JFKq.webp
The analysts were divided on whether today's investments in AI will pay off in the next decade. Analysts from Goldman Sachs and MIT recently delved deeply into the market for generative artificial intelligence (AI) to determine its short- and long-term profitability for investors.
The core question was whether the current AI market represents an expanding bubble that will burst, or if it signifies the next stage for technology and industry.
Unfortunately, the answer is not straightforward, according to the report. The market differences that occur when a bubble is about to burst, like during the dot-com bubble implosion, and when a strong application makes a technology popular, like the invention of cryptocurrency by Satoshi Nakamoto and others, can be too subtle to recognize in time.
Is AI a Bubble? 💭
The report includes interviews with four economists from Goldman Sachs and an economics professor from MIT. Their forecasts are divided. Three Goldman Sachs economists predict that the AI killer app will arrive soon enough. However, the remaining Goldman Sachs economist and the MIT professor are more skeptical, especially in the short term.
MIT Professor Daron Acemoglu said:
"Given the focus and architecture of today’s generative AI technology, truly transformative changes will not occur quickly. And few, if any, are likely to happen within the next 10 years."
Will the AI Killer App Arrive? 🔍
The counterargument is that current investments and corporate spending are not as radical compared to previous technology market cycles.
It's unclear what exactly this killer app for AI will be. However, current advancements have convinced some analysts that the present growth can continue.
This is significant because analysts in the report predict that "tech giants and beyond will spend more than $1 trillion on AI investments in the coming years."
With such high investments, much of it in infrastructure, the products and services derived from these investments need to be strong enough to support and sustain current and future funding.
According to Kash Rangan, an analyst at Goldman Sachs, the outlook is positive despite the scale of current investments:
"Spending is certainly high in absolute dollar terms today. But this investment cycle appears more promising than previous ones."
Goldman Sachs U.S. Internet Equity Research Analyst Eric Sheridan expressed a similar view in the interview: "It is impossible to follow demonstrations of generative AI capabilities at company events or developer conferences without being excited about their long-term potential."
Tapping into this potential, however, might depend on whether generative AI will have its iPhone moment of mass adoption in the near future. 📱🚀
#ai #bitcoin #bitnewstoday #crypto #invest #money

2024-07-02 03:00:19

BONK Cryptocurrency: Bearish Short-Term Trend with Potential Recovery - July 2 to July 16, 2024
https://m.primal.net/JFIo.png
Investor Summary:
Sentiment Analysis Summary:
The sentiment for BONK appears to be neutral to slightly bearish in the short term. The price has been experiencing a downward trend over the past month, with some signs of stabilization in recent days. However, investor confidence seems to be cautious due to the recent price decline.
Volatility Summary:
BONK has shown moderate to high volatility over the analyzed period. The price has fluctuated between $0.00001977 and $0.00003572, representing a range of about 80%. This indicates that BONK is a highly volatile asset, which presents both opportunities and risks for investors.
Long-term Investment:
For long-term investors, BONK presents a high-risk, high-reward opportunity. The cryptocurrency has shown significant price swings, which could lead to substantial gains or losses. The current price level may offer a potential entry point for those willing to hold for an extended period, but caution is advised due to the asset's volatility.
Entry price for long-term investment: $0.00002621 (current price as of July 2, 2024)
Target exit price (3-6 months): $0.00003500 (potential upside of 33.5%)
Short-term Investment:
For short-term traders, BONK offers opportunities due to its volatility. However, the current trend appears to be bearish in the short term, with a potential for a slight recovery in the coming days.
Entry price for short-term trade: $0.00002550 (wait for a small dip)
Target exit price (7-14 days): $0.00002750 (potential upside of 7.8%)
Stop-loss: $0.00002400 (to limit potential losses)
Risk Management:
Due to BONK's high volatility, it's crucial to implement strict risk management strategies:
Use stop-loss orders to limit potential losses
Don't invest more than 1-2% of your portfolio in this high-risk asset
Consider dollar-cost averaging for long-term investments to mitigate the impact of volatility
Technical Analysis:
The 7-day linear regression analysis suggests a slightly bearish trend in the short term. The ARIMA model predicts a potential stabilization and slight recovery in the coming days, but with a high degree of uncertainty.
Support levels: $0.00002400, $0.00002200
Resistance levels: $0.00002800, $0.00003000
Market Sentiment:
The overall crypto market sentiment may impact BONK's performance. Investors should stay informed about broader market trends and news that could affect the cryptocurrency space.
Conclusion:
BONK presents a high-risk investment opportunity with the potential for significant returns. The short-term trend appears bearish, but there are signs of potential stabilization and recovery. Investors should exercise caution and only invest what they can afford to lose.
Projected daily prices for the next 7 days (based on ARIMA model):
July 3, 2024: $0.00002580 (-1.56%)
July 4, 2024: $0.00002540 (-1.55%)
July 5, 2024: $0.00002515 (-0.98%)
July 6, 2024: $0.00002505 (-0.40%)
July 7, 2024: $0.00002510 (+0.20%)
July 8, 2024: $0.00002525 (+0.60%)
July 9, 2024: $0.00002545 (+0.79%)
Best entry point: Consider entering around $0.00002505 - $0.00002515 (July 5-6, 2024) for a short-term trade or long-term investment, as this appears to be a potential local bottom based on the analysis.
Tips for investors:
Monitor the overall cryptocurrency market trends, as they may impact BONK's performance.Be prepared for high volatility and set appropriate stop-loss orders.Consider scaling into positions rather than investing a lump sum to mitigate risk.Keep an eye on news and developments related to BONK and the broader Solana ecosystem.Regularly reassess your investment strategy based on new data and market conditions.

2024-07-01 14:07:32

- reply

Nice weather over there. Here in Germany, just a rainy summer.

2024-07-01 10:25:10

🌟 Bitnews Airdrop of the Day:
Mega Dice
As the leading GameFi portal on Solana, Mega Dice has already attracted over 50,000 users with its vast array of gambling options, sports betting, and crypto futures. From slot machines and live casinos to games and sports betting on 60 sports, as well as dozens of crypto futures with 1:1000 leverage, it has everything a player could desire.
https://m.primal.net/JERN.webp
Using Mega Dice is simple: users create a Solana wallet, purchase DICE tokens, link the wallet to the Mega Dice platform, and then can enjoy a wide variety of gambling and sports betting options. The DICE token is used as the payment method for stakes, with automatic payout of winnings also made in DICE. Users benefit from these advantages at Mega Dice:
🎰 Gigantic Selection: Users have access to over 4,500 games on the Mega Dice platform, including slot machines, live casinos, and other casino games, continuously expanded and updated. Renowned providers like Pragmatic Play, Evolution, and QuickSpin supply these games.
🏆 Betting on 60+ Sports: Betting enthusiasts will find plenty to enjoy at Mega Dice – there are all popular types of sports bets available, with betting on games and tournaments in over 60 sports, including many niche sports and virtual sports leagues.
📈 High Growth: The future looks very bullish, as the global market for sports betting and online gambling is expected to grow annually by 10-15% through 2030. However, the GameFi and GambleFi market, which Mega Dice already dominates in the Solana ecosystem, is growing even more rapidly.
🚀 Strong Market Presence: Although Mega Dice is just launching its presale, it has long been a major player in the growing GameFi market with over 50,000 users and a betting volume of over 50 million USD per month. With over 100,000 users reached on social media, the presale might soon be sold out.
💰 Discounts and Cashback: DICE token holders can stake their tokens for a lucrative 10% APY and receive discounts and cashback on their stakes for their loyal use of the platform. This promotes loyalty and strengthens both users and the community.
The DICE token is the native medium of exchange within the entire ecosystem, offering high utility with various uses that ensure a stable high demand:
🎲 Users buy and stake DICE tokens to place bets in the casino and on games, and also to unlock exclusive tournaments and new games.
🔄 Users earn DICE tokens if they are successful in the casino or betting games, receive cashback for active playing, or get staking rewards.
💸 Interested investors should join the DICE Coin Presale now to not miss out on favorable presale prices and over 100% staking interest! Over 1 million USD in capital has already been raised – it could soon be sold out! Buying DICE is possible with ETH, BNB, USDT, and SOL.

2024-07-01 10:19:46

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2024-06-30 07:55:04

Bitcoin price will "no longer rise dramatically" – Peter Thiel sees no future for BTC
Peter Thiel criticizes that Bitcoin hasn't developed towards Cypherpunk as originally thought.
Former PayPal CEO Peter Thiel has expressed doubts that the Bitcoin (BTC) price will rise significantly from its current level in the future.
The billionaire – who still owns "some" Bitcoin, but not as much as he "should have" – isn't sure where new buyers will come from now that Bitcoin already has an "ETF edition".
https://twitter.com/Swan/status/1806797074093981855?ref_src=twsrc%5Etfw
"I'm not sure if it will go dramatically up from here. We have the ETF edition, and I don't know who else will buy in the future," Thiel, a founder of Founders Fund, told CNBC on June 28.
"It can probably still rise a bit, but it will be a volatile, bumpy ride."
Thiel previously said he was "underinvested" in Bitcoin in October 2021, when the leading cryptocurrency was moving towards its all-time high of $69,000, reached about three weeks later.
However, Thiel's Founders Fund has a pretty impressive history with Bitcoin, making its first Bitcoin investment in 2014 and realizing a $1.8 billion profit shortly before the market collapsed in 2022.
The Founders Fund then bought another $100 million in Bitcoin in 2023 when it was trading below $30,000.
Bitcoin no longer Cypherpunk?
Thiel revealed that Bitcoin hasn't developed as much towards Cypherpunk as he originally envisioned.
"Where I'm less convinced is the question of Bitcoin's ideological founding vision as a cypherpunk, crypto-anarchism, libertarianism, anti-government thing." 🏴‍☠️🗽
"That's what I thought was so great about it," Thiel recalled about Bitcoin's early days. 🌟🕰️
But now he thinks that Bitcoin "doesn't really work like that".
#bitcoin #btc #crypto #invest #bitnewstoday #exchange

2024-06-29 10:54:44

🌟Bitnews Airdrop of the Day:
Base Dawgz
A highly anticipated ICO for 2024 is the coin launch of Base Dawgz – a new Base memecoin featuring an exciting multi-chain narrative, high airdrop rewards, and an adorable Doge mascot in a jumpsuit. With perfect timing in the Base memecoin hype and popular multi-chain appeal, the hottest memecoin of the year is set to be forged.
https://m.primal.net/JBzo.webp
The story behind Base Dawgz is simple: The Doge dog elegantly glides between Layer-1 chains through base jumping – after launch, Base Dawgz will be hosted on Ethereum, Solana, Avalanche, MATIC, and BNB Smart Chain to unite all memecoin communities in the crypto world and lead to pump success together.
Several advantages could lead $DAWGZ to a vertical start:
🚀 High Staking-APY: The token economics reveal that a total of 20% of all tokens are available for staking purposes to ensure short-term presales hype and long-term price stability. There is over 100% staking-APY in presale, with nearly 10% available permanently.
📈 Rapid Growth: Less than 24 hours after launch, over $200,000 in capital was raised, and within 3 days, the social media community had grown to over 20,000 followers. Social media posts now reach over 100,000 users, and the share-to-earn potential has yet to be fully unleashed.
🎯 Ultimate Narrative: Base Dawgz is a brilliant combination of three of the most exciting crypto narratives for 2024 – a Doge-inspired memecoin with a unique mascot, a trendy Base memecoin, and a multi-chain feature that brings a unifying message to the crypto space.
💰 Share-to-Earn: To drive viral growth, the token economics allocate 15% for community rewards, which are paid to users who actively share and comment on Base Dawgz posts on social media. Lucrative airdrops can be earned through the "share-to-earn" principle!
🌍 Gigantic Target Audience: Many memecoins have already achieved legendary 100x returns in 2024, with the memecoin communities on Base, Solana, and Avalanche particularly proud – but often competing for attention. As a multi-chain memecoin, Base Dawgz can reach, unite, and boost demand across all these communities.
🔒 Guaranteed Security: The project team wanted to actively foster trust and confidence in the community, so they commissioned a smart contract audit by blockchain specialist SolidProof – the audit report is without issues, so the smart contracts should be secure.
⚠️ Attention: The exciting ICO of Base Dawgz is now live! Over $300,000 in capital has been raised, and early presales prices, which increase by 5% every 5 days, are still available for a short time! Over 40% returns can be achieved in presale, plus over 100% staking-APY – Base Dawgz can be purchased with ETH, USDT, SOL, or credit card.
#Crypto #Memecoin #BaseDawgz #Airdrop #Staking #ICO2024

2024-06-29 03:09:38

🌞 Good morning, dear Nostr community! 🌻
Enjoying my coffee ☕ with a Bitcoin logo 🤑 and the sound of birds chirping 🎶 with a beautiful sunrise 🌅. Perfect start to a summer day! 🌼
https://m.primal.net/JBhT.webp
#Bitcoin #GoodMorning #SummerVibes

2024-06-29 02:58:32

Bitcoin (BTC) Activity at Lowest Level Since 2010 📉🚨
According to on-chain data from IntoTheBlock, the share of active Bitcoin addresses has fallen to its lowest level since November 2010. 🕰️
In June, the percentage of weekly active wallets dropped to a low of 1.22% and reached a high of only 1.32%. 📊 The highest value this month was last achieved in November 2010.
Moreover, the total number of active wallets has hit a multi-year low. 📉 In the week of May 27, 614,770 active wallets were recorded, the lowest figure since December 2018.
A declining share of active addresses indicates a lack of buying and selling activity among Bitcoin investors, suggesting a period of market consolidation. 💼🔒
BTC$61,705 💰
https://m.primal.net/JBgv.webp
Juan Pellicer, a senior analyst at IntoTheBlock, attributes the decreasing wallet activity to weaker retail investor participation compared to previous cycles. 👥📊
"This year's run to a new all-time high was driven by institutional capital, not retail investors," Pellicer told Cointelegraph. 🏢💼
"The general economic situation may have played a role in retail investors not making as many crypto investments as in the past." 📉
The decline in activity rate comes as investors prepare for a period of increased whale activity, including the Mt. Gox trustee planning to start distributing payments to creditors in July. 🐳💰
Some larger Bitcoin holders, including governments, have also been associated with recent selling activities. 🏛️💼
"Due to this concentration, a large part of the bearish trading activity takes place off-chain, which doesn't significantly impact on-chain address activity statistics," Pellicer adds. 📊🔗
#bitcoin #crypto #bitnewstoday #invest

2024-06-28 02:42:23

Toncoin: Will the price reach a new all-time high soon? 🚀🌕
The price of Toncoin (TON) continues to climb significantly northward. All relevant chart markers are in the latest price analysis. 📊💹
https://m.primal.net/JAYX.webp
The price of the cryptocurrency Toncoin (TON) continues to defy the recent correction trend in the crypto market, rising double digits in value in recent trading days after successfully retesting the old resistance area last week. Once again, the price was able to form a higher low and use the 50-day moving average EMA50 (orange) around $6.80 as a springboard. At $7.70, Toncoin is currently only seven percentage points below its all-time high and shows clear outperformance among altcoins. It could soon target its previous peak of $8.28 from June 15th, following a recovery movement in the crypto market. 📈💪

2024-06-27 07:22:01

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2024-06-27 06:49:06

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2024-06-27 04:05:35

AVAX Price Forecast: Bearish Trend Expected to Continue Through Early July 2024
https://m.primal.net/IzSV.webp
Sentiment Analysis Summary:
The current market sentiment for AVAX appears bearish. The price has been on a downward trend for the past month, with some brief recovery periods. This suggests that investor confidence may be low in the short term.
Volatility Summary:
AVAX has shown moderate volatility over the past month, with a 30-day volatility of about 12.5%. This level of volatility indicates that the asset carries significant risk but also potential for short-term trading opportunities.
Long-term Investment:
For long-term investors, the current downward trend may present an opportunity to accumulate AVAX at lower prices. However, it's crucial to consider the overall market conditions and AVAX's fundamentals before making a long-term investment decision.
Short-term Investment:
Short-term traders may find opportunities in the current volatile market. However, the overall bearish trend suggests caution is necessary. Potential entry points could be at support levels, with strict stop-loss orders to manage risk.
Risk Management:
Given the current volatility and bearish trend, risk management is crucial. Consider using stop-loss orders and avoiding overleveraging. A suggested stop-loss level could be 5-10% below the entry price, depending on individual risk tolerance.
Technical Analysis:
The price has broken below several support levels in the past month. The next significant support level appears to be around $24-$25. Resistance levels to watch are around $28 and $30.
Market Sentiment:
The overall market sentiment appears bearish in the short term. However, sentiment can change quickly in the cryptocurrency market, so it's essential to stay updated on news and broader market trends.
Price Forecast (7-day outlook):
Please note that these forecasts are based on historical data and should not be considered as guaranteed future performance:
June 28, 2024: $25.40
June 29, 2024: $25.20
June 30, 2024: $25.00
July 1, 2024: $24.80
July 2, 2024: $24.60
July 3, 2024: $24.40
July 4, 2024: $24.20
Entry and Exit Points:
Potential entry point: $24.50 - $25.00
Short-term exit (take profit) point: $26.50 - $27.00 (6-10% gain)
Stop-loss suggestion: $23.50 - $24.00 (2-4% loss from entry)
Trend Determination:
The analysis suggests a continued bearish trend for the next 7 days, with a projected price decrease of approximately 5-6% over this period.
Tips for Investors:
Consider dollar-cost averaging instead of making a large single investment.Keep an eye on overall market trends and news that might affect AVAX's price.Be prepared for potential further downside in the short term.Set clear profit targets and stop-loss levels before entering any position.Consider waiting for signs of trend reversal before making significant long positions.
Conclusion:
AVAX is currently in a bearish trend, and this is expected to continue in the short term. While this may present buying opportunities for long-term investors, short-term traders should exercise caution. As always, invest only what you can afford to lose and conduct your own research before making any investment decisions.
#bitcoin #crypto #invest #money #analysis #avax #bitnewstoday

2024-06-27 02:46:26

🌟Bitnews Airdrop of the Day:
Wiener AI
As a colorful mix of a well-known dog meme, real sausage DNA, and the hottest AI of all time, Wiener AI is making a splash in the crypto space, impressing not only curious meme enthusiasts but also investors looking for a brand new ICO with massive upside potential.
https://m.primal.net/IzPN.webp
In the ecosystem of the quirky-looking mascot, the goal is to create a highly advanced cybernetic dog AI to finally bridge the gap between dogs and artificial intelligence – if the responsible scientist hadn't been eating a sausage on the side. Thus, Wiener AI literally appears in the form of a hot dog and impresses competitors with the motto "Length is Strength."
Overall, the new Wienerdog Coin scores not only with a lot of community fun but also with numerous valuable benefits:
Daily Staking Rewards: Meme fans who invest in Wiener AI can stake their tokens in the network and earn valuable daily staking rewards. This allows investors to build a passive income source and currently benefit from an unbeatable APY of over 1,800%.
Real Hype Potential: As a memecoin with a quirky dog design, Wiener AI appeals to a broad target audience of meme and crypto fans. Additionally, thanks to its ERC-20 standard base, many investors can buy $WAI quickly, safely, and easily – to the moon!
Smart Tokenomics: While a proud 30% of the total 69 billion Wienerdog Coins are issued to new investors in the presale, 20% each are allocated for staking rewards, community rewards, and marketing campaigns. Another 10% is reserved as liquidity for upcoming CEX and DEX listings to ensure a smooth start.
As the mightiest cybernetic being in the crypto universe, Wiener AI has the potential to soon be mentioned alongside true top memecoins. Those who want to benefit from a low valuation can now buy $WAI for as little as $0.0007 in the presale.
Those who hurry with their purchase decision will benefit not only from a high staking APY but also from the best possible purchase price, as the presale price of Wiener AI is deliberately increased every two days – FOMO at its best!
#bitcoin #crypto #meme #bitnews #invest #money #ico

2024-06-26 13:08:51

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2024-06-26 12:48:59

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2024-06-26 10:40:35

"Enjoying some spaghetti and good vibes! 🍝😁 Remember, it's a great day despite the bad news! 🌞
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2024-06-26 10:17:17

German Government Sells 900 Bitcoin: Sends Additional 400 BTC to Coinbase and Kraken
The additional selling pressure from the German government could push the Bitcoin price below $60,000. A cryptocurrency wallet labeled "German Government (BKA)" has sold Bitcoin worth over $54 million.
https://m.primal.net/IyXw.webp
The German government's wallet sold 900 Bitcoin (BTC) in three separate transactions on June 25.
The first transaction of 200 BTC was sent to the exchange Coinbase, and the second transfer of 200 BTC was sent to the exchange Kraken.
However, a third transaction of 500 BTC, worth more than $30 million, was sent to the wallet "139Po," which is unknown according to the on-chain analysis platform Arkham Intelligence. Although the wallet "139Po" is unknown, it is not the first time the German government has interacted with it.
On June 20, the German government sent 800 BTC to this address and another 500 BTC on June 19, just six days ago.
Following today's transfers, the wallet still contains 46,359 Bitcoin according to Arkham Intelligence. This wallet holds BTC worth over $2.8 billion and could create significant selling pressure, potentially pushing the Bitcoin price below the psychologically important $60,000 mark.
#btc #crypto #bitnews #invest

2024-06-26 10:10:58

Is Polygon soon to be the most used blockchain network in the world? 🌐
Despite falling prices in the crypto market, the Polygon ecosystem is experiencing strong growth. 📈 Here are the reasons and how MATIC might develop.
https://m.primal.net/IyXe.webp
Polygon (MATIC), once known as Matic Network and a celebrated top performer of the last crypto bull run, has faced several challenges in recent years. 🏆 Despite the strong growth of competitors like Solana and various Ethereum Layer-2 solutions, Polygon has fallen short of expectations. The development of the MATIC price has been disappointing, and currently, the price chart shows no signs of recovery. 📉
However, recent developments and on-chain data paint a different picture: Polygon appears to be on its way to becoming the world's most used blockchain network and has recently even surpassed Solana. 🚀 Only two blockchains are currently ahead of Polygon. 🥈
#btc #polygon #crypto #invest

2024-06-26 03:14:24

🌟Bitnews Airdrop of the Day:
PlayDoge
The developers are banking on a successful combination of crypto gaming elements and 90s nostalgia in their brand new Play-to-Earn network 🎮🕹️📱
https://m.primal.net/IyGx.webp
The new $PLAY token is at the heart of a fully tokenized ecosystem 💎, soon to be expanded with an exciting game app for iOS and Android. The inspiration? A true 90s classic: the Tamagotchi 🐶📱.
Token holders can care for a personalized Shiba Inu via smartphone, regularly feeding it, playing with it, and ensuring the four-legged friend gets enough sleep. Diligent dog owners receive the in-game currency $PLAY as a reward 🏆💰
Besides the pure Play-to-Earn concept, the PlayDoge network includes additional features that could help $PLAY grow into a top coin of 2024 🚀:
Staking: Token holders can not only immerse themselves in crypto gaming but also lock their tokens in the network to secure an above-average APY, currently over 900% 📈💹
Mini-Games: In addition to the main Tamagotchi-style Play-to-Earn game, token holders can complete exciting mini-games, collect XP, and receive additional rewards as leading players on the leaderboard 🏆🎲
BEP-20 Standard: $PLAY is based on the Binance Smart Chain and will be efficiently, cheaply, and smoothly tradable after the ICO concludes. This also gives the Play-to-Earn token better chances for a future Binance listing 📊🔗
During the presale, which officially kicked off just days ago, interested crypto fans can invest in PlayDoge at a preferential price starting at $0.005 and become part of the growing Play-to-Earn network 💰🌱. Thanks to a low valuation, there's not only room for spectacular price fireworks, but the staking APY is also particularly high for early-bird investors 🎆💸
#PlayToEarn #CryptoGaming #PlayDoge #bitnews 🚀🐕

2024-06-26 02:59:15

Memecoins in Crisis: Hands Off or Perfect Market Entry? 🎢💰
All signs in the memecoin market have been pointing downward in recent weeks 📉. New hype projects like Dogwifhat have been plummeting for days, trading volume on decentralized exchanges was in free fall 🌪️.
https://image.nostr.build/f28cc56d1b51a70d6417a8dead67d002eadb899de0c65d30b967c4643abe8b05.jpg
The mood – on the brink of capitulation 😰. Now, many projects are recovering, with gains of up to 20 percent 📈. A brief respite before the final crash – or is the sector experiencing its comeback? 🤔
Controversial celebrities like Andrew Tate or Hulk Hogan jumped on the bandwagon 🚂🌟. Scams, rug pulls, insider trading: Discontent was spreading 😠. Everywhere you looked: lies and deceptions 🤥.
"Pack it up, boys, it's over," tweets Ki Youn Ju, CEO of Crypto Quant, for example 🐦. "The dominance of memecoins is declining, indicating a broader shift in the crypto community's attention." Away from gambling, towards altcoins with fundamental values 🎰➡️💎.
#Memecoins #CryptoMarket #InvestmentRisks 🚨💱

2024-06-25 08:05:16

- reply

We suspect that not only BTC will be affected, but all cryptos that are traded equivalently with BTC...

2024-06-25 07:52:50

Bitnews.Today ALERT 🚨 Bitcoin Crash in July 2024?
Mt. Gox Trustee to Begin Bitcoin and Bitcoin Cash Repayments in July 💰🔓
https://m.primal.net/IxJI.webp
After a decade of waiting, compensation for users of the now-defunct Mt. Gox exchange may finally arrive in July. The cryptocurrency exchange Mt. Gox, which lost 850,000 Bitcoin in investor funds in 2014, is starting to compensate affected users. 📅🔙
"The rehabilitation trustee will soon begin repayments in Bitcoin and Bitcoin Cash to the cryptocurrency exchanges with which the rehabilitation trustee has completed the exchange and confirmation of the necessary information for conducting the repayments." 📣💼
The trustee has again asked users for patience, adding that the order of payments will depend on the respective cryptocurrency exchange:
"We will start repayments in the order of cryptocurrency exchanges with which the rehabilitation trustee will complete the exchange and confirmation of required information. Please wait a while until the repayment is made." ⏳🔄
Approximately 127,000 Mt. Gox creditors are waiting for Bitcoin worth more than $9.4 billion. These creditors have been waiting for over 10 years to recover their funds after the exchange collapsed in 2014 due to several undetected hacks. 💸⏱️
#Bitcoin #MtGox #bitnews #invest #crash #crypto 🌐🔑

2024-06-25 03:03:28

#Bitcoin in Correction Mode: How Serious Are the Threats?
Bitcoin's recent price dip has investors on edge. Several factors are in play:
Mt. Gox payouts: 142,000 BTC could flood the market
German BKA selling 50,000 seized BTC Outflows from Bitcoin ETFs
While these events might pressure BTC short-term, long-term fundamentals remain strong. Mt. Gox payouts are gradual, BKA sales are one-off, and ETF flows fluctuate.
Experts suggest this correction is normal after recent highs. HODLers see it as a buying opportunity, while traders urge caution.
Remember: markets are cyclical. Stay informed, manage risk wisely.
https://m.primal.net/Iwxh.webp
#bitnews # bitcoin #crypto #BTCcorrection #marketanalysis

2024-06-25 02:48:03

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2024-06-24 16:57:50

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2024-06-24 16:52:29

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2024-06-24 16:50:09

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2024-06-24 10:52:21

NEAR Protocol (NEAR) Shows Signs of Recovery: Cautious Optimism for June 25 - July 8, 2024"
Sentiment Analysis Summary:
The sentiment for NEAR has shifted from bearish to cautiously optimistic. After a significant drop from $7.33 on June 6 to $4.73 on June 18, the price has shown signs of recovery, reaching $5.42 on June 24. This suggests a potential trend reversal, but investors should remain cautious due to recent volatility.
https://m.primal.net/IwHi.jpg
Volatility Summary:
NEAR has exhibited high volatility over the past month, with price swings of up to 15% in a single day. This volatility presents both opportunities and risks for traders. The average daily volatility over the past week has been around 6%, indicating that the market is still quite active and unpredictable.
Long-term Investment:
For long-term investors, the current price level may present a good entry point if you believe in the project's fundamentals. The price has corrected significantly from its recent high of $8.24 on May 25, potentially offering value. However, be prepared for continued volatility and consider dollar-cost averaging to mitigate risk.
Short-term Investment:
Short-term traders may find opportunities in the current market conditions. The recent upward momentum suggests potential for quick gains, but also carries significant risk. Consider setting tight stop-loss orders and taking profits regularly.
Risk Management:
Given the high volatility, risk management is crucial. Never invest more than you can afford to lose. Consider limiting NEAR to a small percentage of your overall portfolio (e.g., 1-5% depending on your risk tolerance).
Technical Analysis:
The price has recently broken above the short-term downtrend line, which is a positive sign. The next resistance level appears to be around $5.70-$5.80. If the price breaks above this level, it could signal further upside potential. Support levels to watch are around $5.00 and $4.70.
Market Sentiment:
The broader cryptocurrency market sentiment has been improving, which could support NEAR's recovery. However, macroeconomic factors and regulatory news can quickly impact the entire market, so stay informed about broader trends.
7-Day Trend Forecast:
Based on our simple linear regression model, we project the following price targets for the next 7 days:
June 25: $5.47 (+0.9%)
June 26: $5.52 (+1.8%)
June 27: $5.57 (+2.8%)
June 28: $5.62 (+3.7%)
June 29: $5.67 (+4.6%)
June 30: $5.72 (+5.5%)
July 1: $5.77 (+6.5%)
Entry and Exit Points:
Potential entry point: $5.20-$5.30 (on any pullbacks)
Initial target: $5.70-$5.80 (+9% to +10% from entry)
Stop-loss: $4.90 (-6% to -7% from entry)
For more conservative investors, waiting for a confirmed break above $5.80 might provide a safer entry, albeit at a higher price point.
Conclusion:
NEAR shows signs of recovery after a significant correction. The short-term trend appears cautiously bullish, but volatility remains high. Investors should carefully consider their risk tolerance and investment horizon. While there's potential for gains, the cryptocurrency market remains highly unpredictable. Always conduct your own research and consider consulting with a financial advisor before making investment decisions.

2024-06-24 10:46:17

Bitnews.Today
Presents Another Promising Token Investment for 2024:
Zero-Knowledge
Zero-knowledge technology is considered one of the most significant innovations in the crypto space this decade. This form of cryptography allows the validation of information without revealing any details. Consequently, ZK-Tech efficiently helps reduce network congestion and improve scalability.
https://m.primal.net/IwHT.webp
Many projects, including #Linea, #zkSync, #Manta, and #Polygon, are now utilizing ZK-proofs. This topic remains hot for 2024 as well.

2024-06-24 10:43:20

- reply

Hi @bumi! 😊
I hope you’re doing well! I was wondering if you might have an invitation code for an Alby account. I promise to use it wisely and spread the good vibes. 🚀✨
Thanks a ton in advance! 🙏

2024-06-24 10:39:08

🚀📉 Oh no, Bitcoin is dropping! 😱 But don’t panic, folks! 🛒💸 #BuyTheDip 💪😎 #BitcoinHODL 🌕📈
#CryptoLife #BTC
https://m.primal.net/IwHA.webp

2024-06-24 07:59:02

Whale Movements Attracted Attention as Bitcoin Dropped Below $63,000! Here are the Details:
https://en.bitcoinsistemi.com/whale-movements-attracted-attention-as-bitcoin-dropped-below-63000-here-are-the-details/?feed_id=35839&_unique_id=667912a65d8a8

2024-06-24 04:32:00

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@Ego_Paysenger
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https://m.primal.net/IvsB.jpg

2024-06-24 02:46:15

🌟Bitnews Airdrop of the Day:
IoTeX
IoTeX is a leading DePIN Layer 1 infrastructure project. Launched as an open-source project in 2017, IoTeX has developed a decentralized platform designed to enable open economics for machines. From the ground up, IoTeX constructed their EVM-compatible blockchain utilizing the pioneering Roll-DPoS consensus, officially launching it in April 2019. Since then, it has been operated by over 100 delegates globally.
https://m.primal.net/Ivnj.jpg
IoTeX has recently secured a $50 million investment from investors like Foresight Ventures, Borderless, Amber Group, and others. They have launched an airdrop campaign involving five different projects (Inferix, Wayru, Network 3, Powerpod, and Delphy). These 5 projects currently don’t have their own token.
By participating in their Galxe Quests campaign, users can earn free points for completing easy social tasks. Earning these points will help you secure a spot in the upcoming airdrop of these projects. Visit the airdrop page and complete easy social tasks to earn free points.
Step-by-Step Guide:
Visit the IoTeX airdrop page.https://iotex.io/community#start
Click on “Start Airdrop Journey.”
You will now be redirected to the Galxe Quests campaign page.
Complete various social media tasks, including following IoTeX on X , to earn free points. https://twitter.com/iotex_io
Ensure to complete as many tasks as possible to earn free points and climb the top GOATs leaderboard.

2024-06-23 03:19:48

Enjoy it. 🤩
https://m.primal.net/Iueq.jpg

2024-06-23 02:53:22

Bitnews.Today
Presents Another Promising Token Investment for 2024:
Bitcoin Minetrix
The Bitcoin Minetrix ICO is currently causing a real revolution in the crypto market, as the developers are using a never-before-seen technology that combines staking and mining. The creators aim to free the Bitcoin cloud mining market from scams and fraud, making the mining of new Bitcoins profitable, easy, and secure again. The result is the first Stake-2-Mine platform of its kind, featuring a fully tokenized network.
https://m.primal.net/Iudn.png
Previously, participating in Bitcoin cloud mining required complex contracts with fixed terms and mandatory monthly payments. With Bitcoin Minetrix, this is no longer necessary. Crypto enthusiasts simply need to buy and stake $BTCMTX tokens to receive mining credits as rewards. Once the desired amount is accumulated, these credits can be burned and converted into hash power for Bitcoin cloud mining. Currently, token holders in the Bitcoin Minetrix ecosystem can enjoy the following benefits:
Flexibility: Every staking participant decides how long they want to be part of the network after the seven-day lock-up period. You can unstake Bitcoin Minetrix at any time and sell your tokens at the current market value.
Decentralization: All transactions are secured through smart contracts in the fully tokenized Stake-2-Mine network. Whether newly purchased Bitcoin Minetrix tokens, ERC-20 standard mining credits, or earned BTC – all assets remain in the hands of users at all times.
Airdrop: Curious crypto users can qualify for the Bitcoin Minetrix airdrop worth $30,000 in six different ways. Following Bitcoin Minetrix on Twitter or visiting the website can already secure two tickets for the grand airdrop.
The innovative approach of Bitcoin Minetrix's developers and their fresh take on Bitcoin cloud mining has been well received by many crypto investors. Just a few days after the start of the token presale, the creators have already raised almost one million USD!
This isn't surprising, considering that Bitcoin Minetrix's tokenomics show thorough planning by the developers. While 42.5% of all $BTCMTX tokens are reserved for Bitcoin cloud mining, other portions are allocated to marketing, community, and staking.
However, time is of the essence! Investors can secure the lowest price of $0.011 during the first phase of the presale for only a few more days. After that, the price will increase in stages, offering a significant return advantage for early-bird investors.

2024-06-22 17:56:01

Bitnews.Today
Presents a Promising Token Investment for 2024:
Sealana Presale🚀
Sealana is a unique meme coin that stands out from the usual dog-themed meme coins. This one is a Solana meme coin, and crypto enthusiasts know that Solana coins have been successful even during the bear market. The meme behind the $SEAL token is a seal that resembles a South Park character. This chubby seal spends its entire day in front of a PC, growing larger day by day. The goal? To get rich with cryptocurrencies and finally live the American dream. 💰🦭
https://m.primal.net/IuHJ.webp
Advantages of Sealana:
Launch Timing: Launching just before the next bull run was a well-thought-out strategy. ⏰
Blockchain: With Solana backing it, there are many reasons to buy Sealana. 🌐
Presale: You get 6,900 $SEAL for 1 SOL. 🔥
Supply: The developers haven't announced the total number of tokens yet, but there will be enough for everyone.
https://sealana.io/en

2024-06-22 14:44:51

Bitcoin (BTC) Price Prediction and Investor Guide (June 22, 2024 - July 6, 2024)
Statistical and Time Series Analysis:
The provided Bitcoin price data from June 15, 2024, to June 22, 2024, shows a mean price of $65,212.44 with a standard deviation of $777.78. Applying the ARIMA model, the forecast for the next 7 days indicates a slightly bearish trend, with prices expected to range between $63,500 and $64,800.
https://m.primal.net/ItzO.webp
Linear Regression Trend:
The linear regression analysis suggests a downward trend for the upcoming 7 days, with a projected price decrease of 1.2% from the current price of $64,302.31 on June 22, 2024.
Sentiment Analysis Summary:
The sentiment analysis of Bitcoin reveals a neutral to slightly negative market sentiment. The recent price fluctuations have caused some uncertainty among investors, but the overall sentiment remains relatively stable.
Volatility Summary:
Bitcoin demonstrates low to moderate volatility, with an average 7-day volatility of 1.8%. This level of volatility is expected to persist in the short term, with potential price fluctuations ranging from -2% to +2% of the current price.
Investor Summary:
Long-term Investment:
Entry price range: $63,000 - $64,000
Exit price range: $70,000 - $75,000
Investment horizon: 6-12 months
Projected return: 10-17%
Short-term Investment:
Entry price range: $63,800 - $64,200
Exit price range: $64,500 - $65,000
Investment horizon: 7-14 days
Projected return: 1-2%
Risk Management:
Implement stop-loss orders at 5-7% below entry price
Diversify portfolio by allocating no more than 30% to Bitcoin
Technical Analysis:
Support levels: $63,000, $62,500
Resistance levels: $65,000, $66,000
RSI: Currently at 48, indicating a neutral market condition
Market Sentiment:
The market sentiment is neutral to slightly negative
Investors remain cautious due to recent price fluctuations
Positive developments in the cryptocurrency market could improve sentiment
Conclusion:
Short-term investors may consider entering at $63,800 - $64,200, targeting $64,500 - $65,000 within 7-14 days
Long-term investors should consider accumulating Bitcoin at prices below $64,000 for a potential 10-17% return over 6-12 months
Monitor market sentiment and technical indicators for optimal entry and exit points
The 7-day trend analysis indicates a potential price decrease of 1.2%, while the 14-day trend suggests a range-bound market with a chance of recovery. Based on the analysis, the current price levels offer a good opportunity for long-term investors to accumulate Bitcoin. Short-term investors should exercise caution and closely monitor market sentiment and technical indicators for optimal entry and exit points. As always, investors should conduct their own thorough research and invest responsibly within their risk tolerance.

2024-06-22 14:41:01

BREAKING: The CEO of DELL has posted a picture of the cookie monster eating Bitcoins! BTC$BTC
https://m.primal.net/ItzG.jpg

2024-06-22 14:35:15

#Bitnews.Today: The Next Big Crypto Thing in 2024/25
Artificial Intelligence
At the same time, crypto analyst Miles Deutscher points to the potential of merging Artificial Intelligence and cryptocurrencies. There could be a promising trend in 2024. The year 2023 marked the starting point for the AI sector, which saw over $50 billion in new investments, the highest venture capital influx ever recorded. This increased funding underscores the enormous, yet untapped potential of AI. As AI continues to evolve exponentially, the outlook for just 2-3 years, let alone 10 years, is both fascinating and daunting.
https://m.primal.net/Ityq.webp
So far, the combination of crypto and AI has produced rather vague hypes, with many current solutions using AI more as a buzzword than a foundation for innovation. Nevertheless, the expert remains convinced that these developments could bring about fundamental changes and open up new possibilities in the interplay between crypto and AI.
An example could be the new presale of eTukTuk. In the sustainable ecosystem that aims to bring e-mobility to emerging markets, AI features are also being integrated. Artificial intelligence is expected to help reduce maintenance efforts, plan routes intelligently, and create a better overall experience. This could then drive the adoption of e-mobility and make an important contribution to combating climate change. Early investors can currently buy TUK tokens with a staking return of almost 300 percent APY.

2024-06-22 14:26:41

🔍 Crypto Riddle Time! 🔍
I’m a digital coin with a canine theme, Elon tweets about me, and prices beam.
I'm not Bitcoin, nor am I Ether, But my Shiba Inu will make you cheer! What am I? 🐕

2024-06-22 14:15:36

😂 Crypto Comedy Corner! 😂
Ever feel like your crypto wallet is playing hide and seek with you? 🤷‍♂️
One minute it's there, the next it's...well, let's just say it's on a coffee break! ☕️
Join the club, HODLers! 🕺
In the world of crypto, we don't just ride the waves, we laugh at them! 🌊😆
Drop your funniest crypto memes and stories below! Let's share some laughs while we watch those charts bounce around like they're on a trampoline! 📈🏋️‍♂️
https://image.nostr.build/7a85a2c90dbc531a77257d91c0c8a8abdf025d4e262adbe894d323e464a30800.jpg
#CryptoLaughs #HODLHumor #BlockchainBanters

2024-06-22 14:02:17

- reply

🔔 Reminder Alert! 🔔
🎉 Don't forget to join our Bitnews Zap Looterie! 🎉
💥 Your chance to win 600 sats is just a post away! 💸✨
Hurry up and get zappy! ⚡️#CryptoFun #ZapLooterie #WinBig

2024-06-22 13:53:05

2024-06-22 06:02:25

📢 Bitnews Alert! 🎉
🚀 Win a Zap Looterie Today! 🚀
Join our exciting mini zap lottery where your post can win 600 sats as a zap! 💸✨
https://m.primal.net/ItcP.webp
🛠️ Participation Conditions:
👍 Like this post.
✍️ Post your Nostr post (link) in the comments below.
📅 On Monday, 24.06.2024, we will draw 10 winning posts that will each receive a zap of 600 sats from us.
🎉 Good luck! 🍀
#CryptoFun #ZapLooterie #WinBig

2024-06-22 04:33:07

Top 5 Investing Tips from Bitnews.Today:
1. Consistency and Discipline: These qualities will earn you far more money than any college degree.
2. Live Modestly: Stop trying to impress people who don’t even care about you. Act broke, invest, and build wealth.
3. Avoid Lifestyle Inflation: Never put your financial future at risk by inflating a lifestyle you cannot afford.
4. Mindset and Focus: The gap between the life you want and the one you have is discipline, focus, and mindset.
5. Automate Savings: Treat your savings like any other bill. Consistent, small contributions can grow into substantial amounts.
https://m.primal.net/ItZZ.webp
#Investing #WealthBuilding #FinancialFreedom #BitnewsToday

2024-06-22 04:24:55

#Bitnews.Today: The Next Big Crypto Thing in 2024/25
RWA
Real World Assets (RWAs), or the tokenization of real-world assets, are expected to become a major narrative for 2024. This segment has recently gained significant momentum, not least thanks to the support of Larry Fink, CEO of the world's largest asset manager, BlackRock. Fink has publicly endorsed the tokenization of assets on several occasions. RWAs involve converting real assets like real estate, bonds, and gold into tokens on the blockchain. This leads to increased efficiency by reducing costs without brokers, enhanced accessibility through fragmentation, and greater liquidity.
https://m.primal.net/ItZJ.webp
RWAs thus offer the opportunity to tap into massive markets like the real estate market (valued at $326 trillion) and gold ($12 trillion). This stirs the imagination – a potential beneficiary could be Chainlink (LINK).
Based on the potential of RWAs, here are some promising coins for investors to consider:
Chainlink (LINK) - Provides reliable tamper-proof data for complex smart contracts on any blockchain.
Polymath (POLY) - Specializes in the issuance and management of security tokens.
Synthetix (SNX) - Offers on-chain exposure to real-world assets through synthetic assets.
Maker (MKR) - A decentralized finance project that backs and stabilizes the value of the DAI stablecoin, also exploring RWA integrations.

2024-06-22 04:15:11

🚀 Just bought crypto and already asking... 🚀
https://m.primal.net/ItYt.jpg
#CryptoLife #LamboDreams #HODL

2024-06-22 04:04:51

2024-06-22 03:56:00

🌞 Bitcoiners vs. No-Coiners! 🌞
Watch as Bitcoin fans build an epic Bitcoin sandcastle while others look puzzled with their traditional finance toys. 😆🏖️
https://m.primal.net/ItYJ.webp
#BitcoinFun #CryptoCommunity #BeachDay

2024-06-22 03:43:48

Top 10 BRC-20 Cryptocurrencies to Watch Out for Bull Run.
https://coinsprobe.com/web-stories/top-10-brc-20-cryptocurrencies-to-watch-out-for-bull-run/

2024-06-22 03:39:37

#Bitnews.Today: Top gainers on CoinMarketCap 🏆
ENS$ENS
AR$AR
MKR$MKR
ORDI$ORDI
FTM$FTM
PEPE$PEPE
NEXO$NEXO
TRX$TRX
INJ$INJ
PENDLE$PENDLE
https://m.primal.net/ItXe.webp
👉 follow to stay tuned

2024-06-22 03:38:02

#Bitnews.Today: The Next Big Crypto Thing in 2024/25
BRC-20 Tokens
BRC-20 tokens have quickly gained importance since their introduction, increasing the demand for block space and creating new use cases for the Bitcoin blockchain. Recently, the momentum has slowed a bit, but 2024 could see the narrative return with full force.
https://m.primal.net/ItXP.jpg
Despite their experimental nature, BRC-20 tokens have already reached a market capitalization of over 2.5 billion USD. With the growing attention on Bitcoin, driven by ETFs and the halving, BRC-20 tokens are poised for further growth. The ecosystem is still young and lacks high-quality infrastructure.
With many upcoming launches, there are also numerous opportunities for airdrop farming – a popular method for making money with cryptocurrencies recently.
ORDI (Ordi), SATS (1000SATS), Multibit (MUBI), MICE (Mice Ordinals), VMPX
#btc #coins #brc20

2024-06-21 16:56:52

Wishing all BitNews Today readers and followers (and future followers) a fantastic weekend! 🎉☀️
May your weekend be filled with fun, relaxation, and maybe a little bit of crypto magic! 💫
https://m.primal.net/Iswx.webp
#WeekendVibes #CryptoCommunity #BitNewsToday

2024-06-21 16:41:25

Finally stepping out of the shadows to introduce Satonomics! 🎉 It's like Glassnode but free and open-source! 🚀
https://m.primal.net/IswR.webp
Get the big picture of the blockchain with tons of charts and APIs. 📊
Warning: It's still a baby, so expect some hiccups! 🤖
Dive in and let's build cool stuff! 🔨
#Blockchain #OpenSource #Satonomics #CryptoFun

2024-06-21 14:25:51

🥜 "Try Satoshi Nuts - Tastiest Nuts on Earth!" 🥜
Who knew salted nuts could look this epic? 😆
https://m.primal.net/IsqA.webp
#Crypto #Memes #SatoshiNuts #Hilarious #VintageAds

2024-06-21 14:17:30

Bitcoin: Bitcoin Active Addresses:
https://m.primal.net/Ispc.png
Bitcoin: Addresses with Balance > 100 BTC:
https://m.primal.net/Ispi.png