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🚀 Crypto News 🌐 #Xrp🔥🔥
XRP could drop to $0.43 in the coming days following Ripple's token unlocking worth $559 million.
Ripple released 1 billion XRP tokens worth $559.9 million, continuing its unlocking process since 2017.
In the month of August, XRP experienced extreme volatility, with the altcoin falling to a local low of $0.43. However, XRP soon recovered to reach a local high of $0.64. Unfortunately, this was not to last, as the cryptocurrency lost its gains once again.
According to a popular whale transaction tracker on X, Ripple achieved three consecutive unlocks totaling 1 billion XRP tokens. According to market cap, these tokens were worth $559.9 million on price charts.
The latest unlock was done in a batch of three different transactions, with one worth 500k XRP and the other two worth 300k and 200k.
Since January 2024, Ripple has released over 2.02 billion XRP tokens from its treasury worth $1.15 billion.
The price of XRP also fell during the August unlocks, with the altcoin falling to $0.56 from $0.65.
For starters, the altcoin’s Chaikin Money Flow (CMF) had a reading of -0.02.
This seemed to suggest that XRP might be experiencing some selling pressure – a bearish market sentiment, as holders might be closing out their positions.
Based on past performances and in light of the prevailing bearish sentiment in the market, the altcoin is at risk of falling to the local support level of $0.43. $XRP
XRP could drop to $0.43 in the coming days following Ripple's token unlocking worth $559 million.
Ripple released 1 billion XRP tokens worth $559.9 million, continuing its unlocking process since 2017.
In the month of August, XRP experienced extreme volatility, with the altcoin falling to a local low of $0.43. However, XRP soon recovered to reach a local high of $0.64. Unfortunately, this was not to last, as the cryptocurrency lost its gains once again.
According to a popular whale transaction tracker on X, Ripple achieved three consecutive unlocks totaling 1 billion XRP tokens. According to market cap, these tokens were worth $559.9 million on price charts.
The latest unlock was done in a batch of three different transactions, with one worth 500k XRP and the other two worth 300k and 200k.
Since January 2024, Ripple has released over 2.02 billion XRP tokens from its treasury worth $1.15 billion.
The price of XRP also fell during the August unlocks, with the altcoin falling to $0.56 from $0.65.
For starters, the altcoin’s Chaikin Money Flow (CMF) had a reading of -0.02.
This seemed to suggest that XRP might be experiencing some selling pressure – a bearish market sentiment, as holders might be closing out their positions.
Based on past performances and in light of the prevailing bearish sentiment in the market, the altcoin is at risk of falling to the local support level of $0.43. $XRP
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🚀 Crypto News 🌐 #ton $TON
Are Cryptocurrencies to Blame for Telegram CEO Pavel Durov’s Arrest?
In the wake of Telegram CEO Pavel Durov’s bombshell arrest in France last weekend and subsequent criminal indictment, there’s still a lot that’s uncertain — most notably, how the high-stakes drama will impact Telegram’s massive crypto ambitions.
This year, Telegram became perhaps the most high-profile company to ever jump with both feet into the cryptosphere. The dominant messaging service fostered the proliferation of an ecosystem of on-chain and in-app gaming and services powered by Telegram’s blockchain of choice, The Open Network (TON). These so-called “mini apps” exploded in popularity this spring, thanks in large part to their ability to earn users crypto rewards through token airdrops.
The company’s new path seemed so limitless that some TON developers prophesied that the app could soon leverage its on-chain mini app model to become the Western version of China’s “everything app,” WeChat.
Are Cryptocurrencies to Blame for Telegram CEO Pavel Durov’s Arrest?
In the wake of Telegram CEO Pavel Durov’s bombshell arrest in France last weekend and subsequent criminal indictment, there’s still a lot that’s uncertain — most notably, how the high-stakes drama will impact Telegram’s massive crypto ambitions.
This year, Telegram became perhaps the most high-profile company to ever jump with both feet into the cryptosphere. The dominant messaging service fostered the proliferation of an ecosystem of on-chain and in-app gaming and services powered by Telegram’s blockchain of choice, The Open Network (TON). These so-called “mini apps” exploded in popularity this spring, thanks in large part to their ability to earn users crypto rewards through token airdrops.
The company’s new path seemed so limitless that some TON developers prophesied that the app could soon leverage its on-chain mini app model to become the Western version of China’s “everything app,” WeChat.
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🚀 Crypto News 🌐 #Link #Chainlink
Chainlink (LINK) Will Go Over $19 🔥
LINK has emerged from a recent decline and everything indicates that the price of this Cryptocurrency is ready to experience a rise to more than $19.
The price of the token could see sustained growth following an increase in active and new addresses on the network.
The rise implies that a new set of market participants are adopting LINK and adding the token to their portfolio.
It also means that users continually interact with the Chainlink network. Furthermore, as this continues or improves, LINK's potential to trade higher will increase.
From a technical point of view, LINK price was able to jump after it broke a falling wedge. In non-technical terms, a falling wedge is a pattern formed by two descending trend lines.
In the chart below, LINK has been able to break the resistance at $14.15. After a slight pullback, there has been a strong buy signal.
$LINK
Chainlink (LINK) Will Go Over $19 🔥
LINK has emerged from a recent decline and everything indicates that the price of this Cryptocurrency is ready to experience a rise to more than $19.
The price of the token could see sustained growth following an increase in active and new addresses on the network.
The rise implies that a new set of market participants are adopting LINK and adding the token to their portfolio.
It also means that users continually interact with the Chainlink network. Furthermore, as this continues or improves, LINK's potential to trade higher will increase.
From a technical point of view, LINK price was able to jump after it broke a falling wedge. In non-technical terms, a falling wedge is a pattern formed by two descending trend lines.
In the chart below, LINK has been able to break the resistance at $14.15. After a slight pullback, there has been a strong buy signal.
$LINK
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🚀 Crypto News 🌐 #BONK
BONK Price Could Continue Falling 💨
High liquidity is around USD 0.000026 and USD 0.000027, indicating that BONK price could continue to decline.
Bonk's liquidation heat map points to a possible decline to high liquidity areas.
The heat map doesn't just show settlement levels. It also shows areas where prices can move. In most cases, if liquidity is concentrated at one point, then the price can be attracted towards that point.
The heat map shows that the liquidation levels have changed from purple to yellow around $0.000027. Another is around $0.000026, implying that these points are areas of high liquidity, and the price may converge towards the regions. $BONK
BONK Price Could Continue Falling 💨
High liquidity is around USD 0.000026 and USD 0.000027, indicating that BONK price could continue to decline.
Bonk's liquidation heat map points to a possible decline to high liquidity areas.
The heat map doesn't just show settlement levels. It also shows areas where prices can move. In most cases, if liquidity is concentrated at one point, then the price can be attracted towards that point.
The heat map shows that the liquidation levels have changed from purple to yellow around $0.000027. Another is around $0.000026, implying that these points are areas of high liquidity, and the price may converge towards the regions. $BONK
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🚀 Crypto news 🌐 #FTM
Fantom (FTM) Will Rise Above $1
Fantom price could quickly recover from its recent drop and reach over $1 within a few days.
The token is trading above the 23.6% Fibonacci level, suggesting a rally if it remains above the bear market support floor starting Wednesday, July 24.
The price of FTM at press time is $0.489. However, the Bulls And Bears indicator shows that the value may not continue trading in this region and we are at the point of taking off to make big profits from this token. $FTM
#Fantom
Fantom (FTM) Will Rise Above $1
Fantom price could quickly recover from its recent drop and reach over $1 within a few days.
The token is trading above the 23.6% Fibonacci level, suggesting a rally if it remains above the bear market support floor starting Wednesday, July 24.
The price of FTM at press time is $0.489. However, the Bulls And Bears indicator shows that the value may not continue trading in this region and we are at the point of taking off to make big profits from this token. $FTM
#Fantom
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🚀 Crypto news 🌐 #WLD
Worldcoin (WLD) May Have a Pullback This Week.
Worldcoin (WLD) price is up almost 30% in the last week, but technical indicators show a possible decline.
Even though Worldcoin's price has risen in the last week, its Chaikin Money Flow (CMF) remains below zero. The indicator measures the flow of money into and out of an asset.
When the price of an asset rises while its CMF is below zero, it suggests a net outflow of money from the asset. This indicates weak buying pressure despite the price increase.
This divergence between the asset's price and its CMF is a bearish signal, suggesting that the price rally may not be supported by strong buying interest and could reverse or face a correction.
$WLD
Worldcoin (WLD) May Have a Pullback This Week.
Worldcoin (WLD) price is up almost 30% in the last week, but technical indicators show a possible decline.
Even though Worldcoin's price has risen in the last week, its Chaikin Money Flow (CMF) remains below zero. The indicator measures the flow of money into and out of an asset.
When the price of an asset rises while its CMF is below zero, it suggests a net outflow of money from the asset. This indicates weak buying pressure despite the price increase.
This divergence between the asset's price and its CMF is a bearish signal, suggesting that the price rally may not be supported by strong buying interest and could reverse or face a correction.
$WLD
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🚀 Crypto news 🌐 #ETH #ETF
Ethereum ETFs will begin trading on the stock exchange this Tuesday, July 23.
#EthereumETF
The U.S. Securities and Exchange Commission (SEC) has given final approvals for Ethereum spot ETFs, clearing the way for the funds to begin trading this Tuesday, July 23.
Such funds received initial approval in May in a surprise regulatory change by the SEC, and have spent the past few weeks submitting updated and finalized forms. Now, 424(b) approvals are coming in and Ethereum spot ETFs have been made effective by the SEC, meaning they can begin trading.
Several companies intend to launch Ethereum spot ETFs in the United States, and the list includes heavyweights such as BlackRock, Fidelity, Franklin Templeton, and Grayscale.
The final approvals of Ethereum spot ETFs in the United States come just six months after Bitcoin spot ETFs began trading in the country, and many of the same names behind Bitcoin funds also made a push of Ethereum. So far, Bitcoin ETFs have generated over $17 billion in total inflows since their launch.
The price of Ethereum has fallen slightly since the final SEC approvals emerged on Monday afternoon, with the price of ETH falling in the last hour to $3,447 at the time of writing. In fact, while there has been widespread anticipation for the start of trading in Ethereum ETFs, there has also been pessimism, with Wintermute projecting "lower-than-expected demand."
Ethereum ETFs will begin trading on the stock exchange this Tuesday, July 23.
#EthereumETF
The U.S. Securities and Exchange Commission (SEC) has given final approvals for Ethereum spot ETFs, clearing the way for the funds to begin trading this Tuesday, July 23.
Such funds received initial approval in May in a surprise regulatory change by the SEC, and have spent the past few weeks submitting updated and finalized forms. Now, 424(b) approvals are coming in and Ethereum spot ETFs have been made effective by the SEC, meaning they can begin trading.
Several companies intend to launch Ethereum spot ETFs in the United States, and the list includes heavyweights such as BlackRock, Fidelity, Franklin Templeton, and Grayscale.
The final approvals of Ethereum spot ETFs in the United States come just six months after Bitcoin spot ETFs began trading in the country, and many of the same names behind Bitcoin funds also made a push of Ethereum. So far, Bitcoin ETFs have generated over $17 billion in total inflows since their launch.
The price of Ethereum has fallen slightly since the final SEC approvals emerged on Monday afternoon, with the price of ETH falling in the last hour to $3,447 at the time of writing. In fact, while there has been widespread anticipation for the start of trading in Ethereum ETFs, there has also been pessimism, with Wintermute projecting "lower-than-expected demand."
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🚀 Crypto news 🌐 #Bitcoin #btc #futbol
Football with Bitcoin: here is the team that buys 4.5 million in BTC!
#futbol
There is an English team that continues to accumulate Bitcoin.
And now football teams are hoarding Bitcoin too. It is not just any football team, because it is that Real Bedford team that has been sailing the sea for some time. And it's the same team that sees popular bitcoiner Peter McCormack at his peak and that recently received investments from the Winklevoss brothers for $4.5 million.
According to what was announced by the president himself, the 4.5 million mentioned above were used to buy Bitcoin, at an average price of 67,220 dollars, with the company's coffers now having a total of 82.7 Bitcoin and 15.8 in their place freely to be used for expenses.
Football with Bitcoin: here is the team that buys 4.5 million in BTC!
#futbol
There is an English team that continues to accumulate Bitcoin.
And now football teams are hoarding Bitcoin too. It is not just any football team, because it is that Real Bedford team that has been sailing the sea for some time. And it's the same team that sees popular bitcoiner Peter McCormack at his peak and that recently received investments from the Winklevoss brothers for $4.5 million.
According to what was announced by the president himself, the 4.5 million mentioned above were used to buy Bitcoin, at an average price of 67,220 dollars, with the company's coffers now having a total of 82.7 Bitcoin and 15.8 in their place freely to be used for expenses.
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🚀 Crypto news 🌐 #BONK
BONK has been in the spotlight due to its strong performance despite market fluctuations. With a current price of $0.00003071, BONK's value has increased by 39.74% over the past week, demonstrating increased investor interest. Its market capitalization stands at $2.18 billion, with a 24-hour trading volume of $573.77 million.
BONK's recent price rise during the market correction suggests that it could be a promising investment. As the market stabilizes after a period of volatility, investors are considering BONK to diversify their portfolios. Previously, BONK faced a downtrend with support at $0.00002. However, a proposal to reduce the token supply has boosted investor confidence, increasing the market capitalization by 24.26% to $2.18 billion.
BONK has outperformed other Solana network meme coins such as WIF, BOME, and SLERF. Interest has increased due to several developments, including BONK joining on-chain data provider Xangle.
BONK has been in the spotlight due to its strong performance despite market fluctuations. With a current price of $0.00003071, BONK's value has increased by 39.74% over the past week, demonstrating increased investor interest. Its market capitalization stands at $2.18 billion, with a 24-hour trading volume of $573.77 million.
BONK's recent price rise during the market correction suggests that it could be a promising investment. As the market stabilizes after a period of volatility, investors are considering BONK to diversify their portfolios. Previously, BONK faced a downtrend with support at $0.00002. However, a proposal to reduce the token supply has boosted investor confidence, increasing the market capitalization by 24.26% to $2.18 billion.
BONK has outperformed other Solana network meme coins such as WIF, BOME, and SLERF. Interest has increased due to several developments, including BONK joining on-chain data provider Xangle.
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🚀 Crypto news 🌐
🚨 Rising ETH supply is a big concern for the Ethereum Spot ETF In the last three months, the supply of Ethereum has increased by 150,000.
The upcoming timely approval of the Ethereum ETF could help absorb some of this increase. - Ethereum supply has increased by 60,000 ETH per month since April 2024. -
Analysts suggest that the final capitulation of the ETH/BTC trading pair could begin in September 2024. - The approval of the Ethereum Spot ETF could help absorb some of the increase in supply.
Popular analyst Benjamin Cowen noted the increase in Ethereum supply since April. He added that if this continues, supply in December could match pre-merger levels as early as September 2022. Cowen also mentioned that monetary policy will be a key factor for Ethereum price. Without a Fed pivot toward quantitative easing, a major price rise is unlikely.
If historical patterns hold, Cowen suggests that ETH/BTC capitulation may begin in September 2024, similar to trends in 2016. Will the Spot Ethereum ETF Absorb the Supply? Investors are eager for the Ethereum ETF's spot debut next week, expecting strong inflows. Major issuers like BlackRock and Fidelity have announced their fee structures. Analysts predict multibillion-dollar inflows by the end of 2024, although this may not happen immediately after approval. #ETH
🚨 Rising ETH supply is a big concern for the Ethereum Spot ETF In the last three months, the supply of Ethereum has increased by 150,000.
The upcoming timely approval of the Ethereum ETF could help absorb some of this increase. - Ethereum supply has increased by 60,000 ETH per month since April 2024. -
Analysts suggest that the final capitulation of the ETH/BTC trading pair could begin in September 2024. - The approval of the Ethereum Spot ETF could help absorb some of the increase in supply.
Popular analyst Benjamin Cowen noted the increase in Ethereum supply since April. He added that if this continues, supply in December could match pre-merger levels as early as September 2022. Cowen also mentioned that monetary policy will be a key factor for Ethereum price. Without a Fed pivot toward quantitative easing, a major price rise is unlikely.
If historical patterns hold, Cowen suggests that ETH/BTC capitulation may begin in September 2024, similar to trends in 2016. Will the Spot Ethereum ETF Absorb the Supply? Investors are eager for the Ethereum ETF's spot debut next week, expecting strong inflows. Major issuers like BlackRock and Fidelity have announced their fee structures. Analysts predict multibillion-dollar inflows by the end of 2024, although this may not happen immediately after approval. #ETH
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🚀 Crypto news 🌐
Binance Lists Banana Gun Telegram Bot Token
The world's largest cryptocurrency exchange Binance has launched the first project on its airdrop portal - the Banana Gun (BANANA) token. The coin supports the Banana Gun Telegram robot, which provides tools for cryptocurrency trading
The Binance Airdrop Portal is a blockchain platform that allows projects to distribute their tokens easily and efficiently to cryptocurrency exchange users.
Binance to list Banana Gun on Saturday
Binance customers who have locked up BNB tokens in the Simple Earn program from June 23 to July 5, 2024 will be able to participate in the BANANA airdrop.
The listing of the Banana Gun Telegram bot coin will take place on July 20. The BANANA token will appear on the platform with a “monitoring” label as it poses more risks compared to other assets. Binance will launch trading in the following trading pairs:
BANANA/USDT
BANANA/BNB
BANANA/FDUSD
BANANA/TEST
"Banana is a freely traded token. Airdrop will rapidly increase its supply on the secondary market, which may lead to strong price fluctuations compared to the current price after listing on Binance," the cryptocurrency exchange warned its clients .
After the Binance news, the BANANA token rate rose by more than 20%. According to CoinGecko, at the time of writing, the asset is trading at $69.55. Meanwhile, Banana Gun's coin capitalization exceeded $166.8 million. #BNB #BananaGun #banana
Binance Lists Banana Gun Telegram Bot Token
The world's largest cryptocurrency exchange Binance has launched the first project on its airdrop portal - the Banana Gun (BANANA) token. The coin supports the Banana Gun Telegram robot, which provides tools for cryptocurrency trading
The Binance Airdrop Portal is a blockchain platform that allows projects to distribute their tokens easily and efficiently to cryptocurrency exchange users.
Binance to list Banana Gun on Saturday
Binance customers who have locked up BNB tokens in the Simple Earn program from June 23 to July 5, 2024 will be able to participate in the BANANA airdrop.
The listing of the Banana Gun Telegram bot coin will take place on July 20. The BANANA token will appear on the platform with a “monitoring” label as it poses more risks compared to other assets. Binance will launch trading in the following trading pairs:
BANANA/USDT
BANANA/BNB
BANANA/FDUSD
BANANA/TEST
"Banana is a freely traded token. Airdrop will rapidly increase its supply on the secondary market, which may lead to strong price fluctuations compared to the current price after listing on Binance," the cryptocurrency exchange warned its clients .
After the Binance news, the BANANA token rate rose by more than 20%. According to CoinGecko, at the time of writing, the asset is trading at $69.55. Meanwhile, Banana Gun's coin capitalization exceeded $166.8 million. #BNB #BananaGun #banana
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🚀 Crypto news 🌐
1️⃣ Former Goldman Sachs analyst Murad Mahmudov predicts an increase in the price of meme coins and urges investment despite their volatility. Don't be left behind! 📈
2️⃣ BlackRock CEO Larry Fink claims that Bitcoin is legitimate and firmly believes there is room for cryptocurrencies in the financial future. Great endorsement! 💰
3️⃣ XRP trading volume in South Korea exceeds that of Bitcoin, with more than 40% in UpBit and 35% in Bithumb and Korbit. New crypto preference? 🇰🇷
4️⃣ The North Korea-linked attacker who exploited WazirX converted $200 million of the stolen $230 million into Ethereum. Beware of cybercriminals! ⚠️
5️⃣ Optimistic bets on CrowdStrike resolution before Friday, according to Polymarket it was not due to a hacker attack. Let the trust continue! 🙌
6️⃣ Santiment reveals that BTC (Bitcoin) wallet addresses have decreased in the last month. Interesting crypto moves on the horizon? 🤔
Stay informed and don't miss opportunities in this exciting world of cryptocurrencies. Until next time!
1️⃣ Former Goldman Sachs analyst Murad Mahmudov predicts an increase in the price of meme coins and urges investment despite their volatility. Don't be left behind! 📈
2️⃣ BlackRock CEO Larry Fink claims that Bitcoin is legitimate and firmly believes there is room for cryptocurrencies in the financial future. Great endorsement! 💰
3️⃣ XRP trading volume in South Korea exceeds that of Bitcoin, with more than 40% in UpBit and 35% in Bithumb and Korbit. New crypto preference? 🇰🇷
4️⃣ The North Korea-linked attacker who exploited WazirX converted $200 million of the stolen $230 million into Ethereum. Beware of cybercriminals! ⚠️
5️⃣ Optimistic bets on CrowdStrike resolution before Friday, according to Polymarket it was not due to a hacker attack. Let the trust continue! 🙌
6️⃣ Santiment reveals that BTC (Bitcoin) wallet addresses have decreased in the last month. Interesting crypto moves on the horizon? 🤔
Stay informed and don't miss opportunities in this exciting world of cryptocurrencies. Until next time!
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