Some users are experiencing an issue where they are unable to see their Hamster balances in Binance Launchpool. The message from Binance support states that users who are unable to see their Hamster balances or received rewards need not worry. The Binance team is aware of the issue and is working to resolve it. Binance support assures that funds are completely safe and users do not need to take any action at this time, but rather wait until the issue is resolved. Once the bug is fixed, balances and information associated with Hamster Launchpool will be visible to users again. The glitch in the message is to reassure users that the issue is under control and is not affecting their funds, and that all they need to do is wait until the issue is fully resolved.#BinanceLaunchpoolHMSTR #HMSTR
binance officially launched it's own mining game so guy's that's a good opportunity to mining this coin and soon binance will give good amount of air drop cuZ that's binance own project
IMPORTANT UPDATE 🔴🔴 German Govt Buys $162.94M worth of Bitcoin few hrs ago Total bought 2898 BTC ($162.94M) Guys it's just manipulation happening, they creating panic and fear in market so that retail investors out from the Market and sell their crypto. Don't panic hold your crypto Don't sell It's Just happining in short term.$BTC $BTC
🚨 Market Update - 👀 Yesterday I mentioned a potential Bitcoin retest of the 2021 ATH ($69.2k area.) The past two 8 hour candles have reacted exactly from this level to confirm support there for now, however BTC is now seeing resistance above $70.2k. I still think there is a chance we head lower to sweep untested levels, and we have a day of events that could cause the volatility for this. FOMC meeting minutes (6pm UTC,) NVIDIA earnings (after US close) and maybe further developments on ETH ETFs.#TrendingTopic $BTC
As of May 2024, Bitcoin has been experiencing significant positive momentum, driven by several key factors. The recent Bitcoin halving, which reduced the block reward from 6.25 to 3.125 BTC, has constrained new supply and historically leads to price increases. Additionally, the approval of spot Bitcoin ETFs earlier this year has bolstered institutional interest and investment (Cryptonews) (CoinDesk).
Currently, Bitcoin's price has surged past $67,000, a notable increase attributed to a combination of these factors and a decrease in BTC deposits to exchanges, indicating strong holding sentiment among investors (Cryptonews) (CoinDesk). This holding pattern reduces sell-off pressure, supporting price stability and further gains.
Market dynamics have also played a role, with recent short liquidations contributing to the price rise. Over $43 million in BTC short positions were liquidated recently, p#BTC #ETHETFS ropelling further upward movement (Cryptonews).
Looking ahead, analysts suggest that Bitcoin could potentially reach up to $160,000 by the end of the year, driven by ongoing demand from ETFs and the impact of the halving event. However, risks remain, particularly regarding market volatility and regulatory developments (CoinDesk).