WalletConnect started as a simple way to connect wallets to DApps, but it has evolved into a complete ecosystem with tokens, governance systems, and its own network infrastructure.
WCT is an ERC-20 token with a total supply of 1 billion tokens.
WalletConnect supports multiple blockchain networks, including Ethereum, Solana, Cosmos, Polkadot, and Bitcoin.
Central banks around the world are aggressively buying gold $PAXG amid global economic and geopolitical uncertainty.
According to Metals Focus in its latest annual report, this action is part of the de-dollarization trend, which is the step of diversifying foreign exchange reserves from dollar-based assets to gold.
So what is the impact on bitcoin?
Bitcoin $BTC is sometimes referred to as "digital gold" due to its rare, decentralized, and inflation-resistant nature (similar to gold). If investors are looking for assets that have similar characteristics to gold but in digital form, interest in Bitcoin may increase.
Both gold and Bitcoin are often considered "safe-haven" assets or hedges against inflation and currency devaluation.
According to you, which is more profitable, investing in digital gold or bitcoin?
While waiting for the weekly close, let's learn a bit about analyzing the possibilities that may occur for Bitcoin's movement in the next week based on TA. Before that, this is not financial advice, DYOR..
Bitcoin is currently showing a bearish trend in the four-hour time frame, with a declining 50-day moving average. However, the 200-day moving average has been rising since early June 2025, indicating a strong long-term trend.
Key support levels are around $105,000 and $100,000. If a correction occurs, the levels of $102,734 and $106,265 also become important support areas. A drop below $100,000 could indicate more significant selling pressure.
Despite the potential for a correction, overall market sentiment still tends to be bullish. The Fear and Greed Index is currently at "Greed" (52), indicating sustained investor confidence.
Significant accumulation of Bitcoin by "whales" shows confidence that the price of Bitcoin will continue to rise. The withdrawal of BTC from exchanges to personal wallets also indicates investors' intention not to sell in the near future.
A reasonable correction has occurred in trading, especially in Bitcoin. Whales are starting to take profits in today's trading. There is nothing to be too concerned about with the correction that is currently happening. $BTC $BNB $ETH #MarketPullback #BinanceAlphaAlert