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CryptoAlex
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🚀 Just now: Bitcoin surpassed Google's market capitalization, becoming the fifth largest asset in the world.
Next in line – Apple?
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🚀 Ethereum saw impressive growth in July, contributing to an increase in the market capitalization of cryptocurrencies to $3.7 trillion, according to a report by JPMorgan. 📈 Trading volumes and ETF inflows reached record highs, underscoring the growing interest in Ethereum and the entire crypto market. $ETH
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BTC sellers outpace buyers According to CryptoQuant, over the past 30 days, Bitcoin sellers on market orders have outpaced buyers by $350 million per day. This is the highest figure in 3.5 years. Similar values were previously recorded prior to significant corrections. $BTC
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🇺🇸 A White House spokes person announced that President Trump has instructed Congress to create a strategic reserve of #bitcoin. $BTC This decision may affect economic policy and budget initiatives related to cryptocurrencies in the United States.
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What happened on BINANCE? For those who are unaware, on August 6, Binance announced the delisting of $MEMEFI. Logically, the price should have dropped, but no, welcome to crypto, the price tripled 🆙 You may ask why this is the case. Let us clarify and examine what actually occurred. Essentially, the situation is similar to that of $ALPACA When Binance removes a token from futures trading, it closes all trades at the best price at the time of delisting. Whales take advantage of this: 1. They saw the news → took long positions for huge amounts and raised the price by buying up the coin on DEX. 2. They don't need to look for someone to sell to — Binance will buy everything at the peak price (for us, that's on the 11th at 12:00). 3. After that, whales dump the coin on other exchanges, causing it to plummet. Now the token will fall after the news, and I think this pattern will become more difficult each time, as more people will learn about it and everyone will try to short and long. How do you like this swing?) $MEMEFI
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🥳 Buterin is a billionaire again! 🔥 With the rapid rise in the price of Ethereum to $4,200, its co-founder Vitalik Buterin has rejoined the billionaires' club. 💰 Currently, his wallets hold over 240,000 ETH, which, at the current exchange rate, is valued at over $1 billion. Buterin first achieved crypto billionaire status in 2021 when the price of ether exceeded $3,000 and his crypto portfolio was worth approximately 333,500 ETH. 😂 We are happy for Vitalik, but not wholeheartedly. ✅ Currently, the price of $ETH is $4,276. $ETH
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