🚨 $109K Floating Loss in ETH Futures! 📉 50x Leverage Gone | BlockProfit on Binance Square

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🚨 $109K Floating Loss in ETH Futures! 📉 50x Leverage Gone Wrong 😱 Would YOU Hold or Close This Trade? 🔥 #ETH  

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Bitcoin Drops 8.87% From ATH – Now Trading at $113K 📉 Bitcoin (BTC) has fallen 4.95% over the past week, trading around $113,000 (Aug 20) — now down 8.87% from last week’s all-time high of $124,000. 🔻 Altcoins followed suit: • Ethereum (ETH) down 9.89% to $4,100 • XRP down 9.86% to $2.89 • Solana (SOL) down 7.04% to $180 What’s driving the drop? • Macro Headwinds: Nasdaq 100 fell 1.5% after an MIT Nanda report revealed 95% of AI projects fail commercially. • US Tariffs: New tariffs on 407 steel & aluminum products raised fears of slower growth + higher inflation. • Risk-Off Sentiment: Dollar strength pressured BTC, while the 30-day delta skew jumped to 12%, signaling extreme fear in derivatives markets. Technical Breakdown ⚠️ • BTC lost key support at $115K, triggering $113M in long liquidations. • RSI sits at 40 with a negative MACD → strong bearish pressure. • Price now below the 50-day moving average. 📉 Next support: $111,943 📈 Recovery possible only if BTC reclaims $118,200 Adding to the pressure: Bhutan moved ~800 BTC to a custodian wallet, possibly for sale — fueling speculation of institutional sell-offs. Is this just a healthy correction before the next leg up, or the start of a deeper pullback? 🤔 ⚠️ Disclaimer: Not Financial Advice (NFA). Always Do Your Own Research (DYOR). #Bitcoin #CryptoMarket #Ethereum #Solana #BinanceSquare

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Goldman Sachs Predicts 3 Fed Rate Cuts This Year – What Could It Mean for Crypto? 💸🚀 Goldman Sachs forecasts that the Federal Reserve (Fed) will cut interest rates 3 times in 2025, with two additional cuts projected for 2026. If realized, rates could drop to around 3–3.25%, down from the current 4.25–4.50% range. 🔹 The projection comes after U.S. inflation data showed only a 0.2% increase in July, fueling expectations of monetary easing. 🔹 Futures markets now price in a 93% chance of a 25bps cut next month, and even a 7% chance of a 50bps cut — up from just 3% the day before. 🔹 U.S. Treasury Secretary Scott Bessent argued that a larger 150–175bps cut may be needed, as current rates are “too restrictive.” 💡 Why does this matter for crypto? Lower interest rates = more liquidity in the system. Back in 2020, when the Fed slashed rates near zero, Bitcoin soared to $60,000 within a year. Could history repeat itself if the Fed goes dovish again? 🤔 ⚠️ Disclaimer: Not Financial Advice (NFA). Always Do Your Own Research (DYOR). #Bitcoin #CryptoNews #Fed #GoldmanSachs #Macro #BinanceSquare

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BitMine Becomes World’s Largest Institutional Holder of Ethereum, Controlling $6.6B (Rp108T) 🚀 BitMine Immersion Technologies (BMNR) has announced that it now holds 1.5 million Ethereum (ETH) worth around $6.6 billion — making it the largest institutional holder of ETH globally and the second-largest digital asset holder worldwide after Michael Saylor’s MicroStrategy. 🔹 BitMine’s stock (BMNR) is now among the top 10 most liquid U.S. equities, with an average daily trading volume of $6.4 billion. 🔹 Meanwhile, MicroStrategy still leads the market with 629,376 Bitcoin (BTC), valued at over $72 billion. 🔹 According to Chairman Tom Lee, BitMine has been aggressively accumulating ETH since launching its Ethereum-based treasury strategy in late June. The company’s bold target? 👉 To control up to 5% of ETH’s total supply, backed by an additional $20+ billion in future funding for further acquisitions. “We continue to believe Ethereum represents one of the biggest macro investments over the next 10–15 years,” said Tom Lee. This move signals growing institutional confidence in Ethereum as a long-term asset — potentially setting the stage for ETH’s next big narrative. 🌐🔥 ⚠️ Disclaimer: Not Financial Advice (NFA). Always Do Your Own Research (DYOR). #Ethereum #ETH #CryptoNews #Institutions #BinanceSquare

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17 Years Ago Today: Satoshi Nakamoto Registered Bitcoin.org 🎂🚀 Exactly 17 years ago, on August 18, 2008, the domain Bitcoin.org was registered through the anonymous service Anonymousspeech by none other than the mysterious Satoshi Nakamoto. This site became the very first gateway to the Bitcoin (BTC) project. Crypto historian Pete Rizzo once shared a snapshot of Bitcoin.org’s earliest look on January 31, 2009: “This is what Bitcoin’s first website looked like when its value was still $0, exactly 16 years ago.” 🔹 The original version was extremely simple, mainly containing details about the release of Bitcoin v0.1 software on January 9, 2009. At the time, Bitcoin had no market value and was only known within a small circle of cryptography enthusiasts. 🔹 Initially, the site was run directly by Satoshi Nakamoto together with developer Martti Malmi. From 2011–2013, it was mostly used to release updates of Bitcoin Core, and in 2013 it saw a major redesign with additional features. 🔹 By 2011, Satoshi stepped away from the project, transferring control of the domain to ensure it wouldn’t be centralized under a single entity. Today, Bitcoin.org is an open-source project with contributions from developers worldwide. History also reminds us: 📜 On October 31, 2008, Satoshi published the legendary whitepaper “Bitcoin: A Peer-to-Peer Electronic Cash System”. ⛏ On January 3, 2009, Satoshi mined the Genesis Block, producing the first 50 BTC ever created. From a simple website to a $1+ trillion global revolution — Bitcoin’s journey all started 17 years ago today. 🌍🔥 ⚠️ Disclaimer: Not Financial Advice (NFA). Always Do Your Own Research (DYOR). #Bitcoin #BTC #CryptoHistory #SatoshiNakamoto #BinanceSquare

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Ripple Moves 200M XRP Worth $606M – What’s Going On? 🚨 Ripple has just transferred 200 million XRP (≈ $606M) to an unknown wallet on Tuesday (Aug 19). The move surprised the market, as it did not align with Ripple’s usual monthly unlock schedule, sparking intense speculation among traders. 🔹 Price Check: XRP is holding around $3.06, just above the 50-day SMA at $2.95, while the long-term structure remains intact with the 200-day SMA at $1.93. 🔹 RSI at 51 signals a neutral stance, with traders split between optimism for potential institutional demand (ETF-related news?) and fears of further sell pressure. Some analysts suggest Ripple’s transfer could be strategic, possibly linked to its On-Demand Liquidity (ODL) network or undisclosed institutional settlements. However, bearish voices warn that this might be the start of renewed selling pressure, pointing to Ripple’s history of unloading XRP reserves. What do you think — institutional play or sell-off incoming? 🤔 ⚠️ Disclaimer: Not Financial Advice (NFA). Always Do Your Own Research (DYOR). #Ripple #XRP #CryptoNews #BinanceSquare

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