yensi_crypto
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#BTC🔥🔥🔥🔥🔥 #btc70k #BTCPricePredictions .
BTC Rombo at #70k and I'm in pot 🫕🫕 phrases we use in the Dominican Republic. #Bitcoin
BTC Rombo at #70k and I'm in pot 🫕🫕 phrases we use in the Dominican Republic. #Bitcoin
#Bitcoin #Binance #DeFi #BTC☀️ #btc70k
BTC fell to the $54,000 level on Monday, but recovered to $57,000 on Friday. Bitcoin’s price drop started last week and coincided with Mt. Gox commencing repayments to customers in Bitcoin and Bitcoin Cash and the U.S. and German governments sending $738 million worth of Bitcoin to exchanges over the last two weeks.
Yet, a record net inflows into ETFs — the highest in a single month — suggests that institutional investors are using the recent dip to accumulate Bitcoin, a sentiment seeming to be echoed by retail investors, as the number of new Bitcoin addresses reached a new high.
More details below.
BTC fell to the $54,000 level on Monday, but recovered to $57,000 on Friday. Bitcoin’s price drop started last week and coincided with Mt. Gox commencing repayments to customers in Bitcoin and Bitcoin Cash and the U.S. and German governments sending $738 million worth of Bitcoin to exchanges over the last two weeks.
Yet, a record net inflows into ETFs — the highest in a single month — suggests that institutional investors are using the recent dip to accumulate Bitcoin, a sentiment seeming to be echoed by retail investors, as the number of new Bitcoin addresses reached a new high.
More details below.
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#Bitcoin #SquareGiveaway #squarecommunity #Bitcoin! #Salvador
Germany already has less bitcoin than El Salvador
The German government has less than 4,900 bitcoin left to sell after accumulating more than 50,000 BTC from seizures.
Key facts:
The Salvadoran State already accumulates 5,800 bitcoin.
The sales of bitcoin by the German Government had an impact on the price of the asset.
Update 7/12/2024 00:15 UTC: after the publication of this article, the German Government's wallet had bitcoin inflows that lead it to possess 9,000 BTC at the time of this update (more than what the German Government has). The Savior).
Sales of bitcoin (BTC) by the German Government do not stop. For more than a week, BTC transfers from the state wallet to exchange addresses have been occurring daily.
With the BTC outflows of the last few hours, the German State now owns less bitcoin than El Salvador. According to data from BitcoinTreasures, the treasury of the Central American country has 5,800 bitcoin.
It should be remembered that the Salvadoran Government has been purchasing BTC since 2021, when Satoshi Nakamoto's creation took legal tender status in that nation.
Apparently, Germany's plan is to sell all of the BTC in its possession. This can be considered a good sign for the market, since that downward pressure would disappear completely.
Germany already has less bitcoin than El Salvador
The German government has less than 4,900 bitcoin left to sell after accumulating more than 50,000 BTC from seizures.
Key facts:
The Salvadoran State already accumulates 5,800 bitcoin.
The sales of bitcoin by the German Government had an impact on the price of the asset.
Update 7/12/2024 00:15 UTC: after the publication of this article, the German Government's wallet had bitcoin inflows that lead it to possess 9,000 BTC at the time of this update (more than what the German Government has). The Savior).
Sales of bitcoin (BTC) by the German Government do not stop. For more than a week, BTC transfers from the state wallet to exchange addresses have been occurring daily.
With the BTC outflows of the last few hours, the German State now owns less bitcoin than El Salvador. According to data from BitcoinTreasures, the treasury of the Central American country has 5,800 bitcoin.
It should be remembered that the Salvadoran Government has been purchasing BTC since 2021, when Satoshi Nakamoto's creation took legal tender status in that nation.
Apparently, Germany's plan is to sell all of the BTC in its possession. This can be considered a good sign for the market, since that downward pressure would disappear completely.
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,
#BinanceTurns7 #BinanceTournament" #Bitcoin #BTC☀️ #solana
How will bitcoin continue after approaching $60,000?
The digital currency has had a rebound in its price, but it must show strength to avoid having new relapses.
While bitcoin (BTC) has shown recovery by rising to almost $60,000 (USD) today, it has not yet managed to stay close to that point.
“The key level to watch currently is $58,000 since, if we do not consolidate above it soon and look for $60-62,000 again, it could make us visit prices of $50-52,000,” warned the analysis firm Nodecharts. This is predicted, as the graph shows, based on the technical analysis of support-resistance, that is, areas of high demand and supply that bitcoin has had.
#BinanceTurns7 #BinanceTournament" #Bitcoin #BTC☀️ #solana
How will bitcoin continue after approaching $60,000?
The digital currency has had a rebound in its price, but it must show strength to avoid having new relapses.
While bitcoin (BTC) has shown recovery by rising to almost $60,000 (USD) today, it has not yet managed to stay close to that point.
“The key level to watch currently is $58,000 since, if we do not consolidate above it soon and look for $60-62,000 again, it could make us visit prices of $50-52,000,” warned the analysis firm Nodecharts. This is predicted, as the graph shows, based on the technical analysis of support-resistance, that is, areas of high demand and supply that bitcoin has had.
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#Binance #BinanceTurns7 #BTC☀️ #BinanceTournament" .
What determines the price of Bitcoin?
Unlike fiat currencies, such as the euro or the US dollar, the value of Bitcoin (BTC) is not defined by a single entity such as a central bank. Instead, price is defined by supply and demand or, in simpler terms, what people are willing to pay.
The price of Bitcoin is defined by supply and demand. When there is more demand for Bitcoin, the price rises. When there is less demand, the price goes down.
Historically, global financial events and popular culture moments have affected the price of Bitcoin.
The maximum supply of Bitcoin is capped at 21,000,000 BTC.
What determines the price of Bitcoin?
Unlike fiat currencies, such as the euro or the US dollar, the value of Bitcoin (BTC) is not defined by a single entity such as a central bank. Instead, price is defined by supply and demand or, in simpler terms, what people are willing to pay.
The price of Bitcoin is defined by supply and demand. When there is more demand for Bitcoin, the price rises. When there is less demand, the price goes down.
Historically, global financial events and popular culture moments have affected the price of Bitcoin.
The maximum supply of Bitcoin is capped at 21,000,000 BTC.
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#USDC/USDT #USDTALEXANDER #usdtcrypto #BinanceTournament"
The US dollar declines in early European trading on Thursday ahead of the release of a key inflation report later in the day, while strong growth data has boosted sterling.
At 10:00 a.m. ET (10:00 a.m. ET), the dollar index, which tracks the dollar's performance against a basket of six other major currencies, was down 0.2% at 104.552, its lowest level since mid-June. .
The dollar falls while waiting for the CPI data
The dollar retreats this Thursday, extending losses recorded overnight, after Federal Reserve Chairman Jerome Powell reiterated his prospects that the US economy will achieve a soft landing.
Powell also stated, during the second day of his semiannual appearance before Congress on Wednesday, that the Fed does not need inflation to fall below its 2% target to begin cutting rates, just that the bank needed enough confidence when inflation was easing.
Thus, the imminent June CPI report is in the center of attention and any sign of easing inflation could fuel bets on a rate cut.
The CME Fedwatch tool has shown that traders maintain a 72.5% probability that the Fed will cut rates by 25 basis points in September.
Analysts at ING (AS:INGA) note in a note that "we have a slight bias in favor of a weaker dollar today, given the recent bearish market trend, even though there is still no conclusive evidence of a cut in September ".
"We suspect such a bias is partly a consequence of Fed Chair Jerome Powell's provisionally cautious departure from the FOMC's latest dot plot projections, which include only a cut in 2024."
The US dollar declines in early European trading on Thursday ahead of the release of a key inflation report later in the day, while strong growth data has boosted sterling.
At 10:00 a.m. ET (10:00 a.m. ET), the dollar index, which tracks the dollar's performance against a basket of six other major currencies, was down 0.2% at 104.552, its lowest level since mid-June. .
The dollar falls while waiting for the CPI data
The dollar retreats this Thursday, extending losses recorded overnight, after Federal Reserve Chairman Jerome Powell reiterated his prospects that the US economy will achieve a soft landing.
Powell also stated, during the second day of his semiannual appearance before Congress on Wednesday, that the Fed does not need inflation to fall below its 2% target to begin cutting rates, just that the bank needed enough confidence when inflation was easing.
Thus, the imminent June CPI report is in the center of attention and any sign of easing inflation could fuel bets on a rate cut.
The CME Fedwatch tool has shown that traders maintain a 72.5% probability that the Fed will cut rates by 25 basis points in September.
Analysts at ING (AS:INGA) note in a note that "we have a slight bias in favor of a weaker dollar today, given the recent bearish market trend, even though there is still no conclusive evidence of a cut in September ".
"We suspect such a bias is partly a consequence of Fed Chair Jerome Powell's provisionally cautious departure from the FOMC's latest dot plot projections, which include only a cut in 2024."
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#BinanceTournament" #squarecommunity #BinanceTournament" #petróleo #binancesuquare
Paris, July 11 (.).- The increase in oil demand continued its slowing trend in the second quarter of this year with an increase of 710,000 barrels per day (b/d), the lowest since the second quarter of 2022 The International Energy Agency (IEA) said this Thursday.
In its monthly report on the global oil market, the IEA attributes this lower rise to the contraction of consumption in April and May in China - where the recovery after the pandemic seems to have lost its vigor -, to the moderate global economic growth, to the electrification and energy efficiency measures.
The IEA maintains its global demand growth forecast at 970,000 barrels per day for this year (up to 103 million b/d), with another 980,000 increase in 2025 (105 million b/d).
On the other hand, supply continues to increase at a higher level than demand, with an increase of 910.00 barrels per day in the second quarter, mainly due to the boost to extraction in the United States.
The IEA forecasts another supply increase of 770,000 barrels per day during the third quarter, with the largest increase (600,000 b/d) coming from countries outside OPEC and its allies (OPEC+).
Inventories of crude oil and derivatives rose by 23.9 million barrels in May, the fourth consecutive month of increases, reaching the highest level since August 2021.
As for prices, they recorded "a solid recovery" in June, as Brent rose $7 per barrel, to $87, after having started the month at its lowest level in half a year ($75.61 per barrel). ).
The increase is due, first of all, to the intensification of geopolitical risks due to the increase in hostilities between Israel and the Lebanese Shiite militia of Hezbollah; as well as the continuation of Houthi attacks on merchant ships in the Red Sea, forcing many oil tankers to surround the African continent.
Paris, July 11 (.).- The increase in oil demand continued its slowing trend in the second quarter of this year with an increase of 710,000 barrels per day (b/d), the lowest since the second quarter of 2022 The International Energy Agency (IEA) said this Thursday.
In its monthly report on the global oil market, the IEA attributes this lower rise to the contraction of consumption in April and May in China - where the recovery after the pandemic seems to have lost its vigor -, to the moderate global economic growth, to the electrification and energy efficiency measures.
The IEA maintains its global demand growth forecast at 970,000 barrels per day for this year (up to 103 million b/d), with another 980,000 increase in 2025 (105 million b/d).
On the other hand, supply continues to increase at a higher level than demand, with an increase of 910.00 barrels per day in the second quarter, mainly due to the boost to extraction in the United States.
The IEA forecasts another supply increase of 770,000 barrels per day during the third quarter, with the largest increase (600,000 b/d) coming from countries outside OPEC and its allies (OPEC+).
Inventories of crude oil and derivatives rose by 23.9 million barrels in May, the fourth consecutive month of increases, reaching the highest level since August 2021.
As for prices, they recorded "a solid recovery" in June, as Brent rose $7 per barrel, to $87, after having started the month at its lowest level in half a year ($75.61 per barrel). ).
The increase is due, first of all, to the intensification of geopolitical risks due to the increase in hostilities between Israel and the Lebanese Shiite militia of Hezbollah; as well as the continuation of Houthi attacks on merchant ships in the Red Sea, forcing many oil tankers to surround the African continent.
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#ripple #BinanceTournament" #squarecommunity #BTC☀️
Nvidia arrives on the Colombian Stock Exchange: Meaning
Historical! Nvidia arrives on the Colombian Stock Exchange. A milestone that symbolizes confidence, progress and a more prosperous financial future.
Nvidia, the American technology giant, can now be purchased in Colombia through the Colombian Global Market (MGC) of the Colombian Stock Exchange.
Nvidia's inclusion in the Colombian Global Market (MGC) marks a significant milestone for the Colombian stock market, offering local investors the opportunity to participate in the growth of one of the world's leading technology companies.
This movement not only reflects the globalization of financial markets, but also demonstrates confidence in the Colombian economy and its stock market system. With the support of the Trii firm, Nvidia's arrival at the MGC promises to strengthen portfolio diversification and could encourage investment in the technology sector, which is constantly evolving.
Nvidia arrives on the Colombian Stock Exchange: Meaning
Historical! Nvidia arrives on the Colombian Stock Exchange. A milestone that symbolizes confidence, progress and a more prosperous financial future.
Nvidia, the American technology giant, can now be purchased in Colombia through the Colombian Global Market (MGC) of the Colombian Stock Exchange.
Nvidia's inclusion in the Colombian Global Market (MGC) marks a significant milestone for the Colombian stock market, offering local investors the opportunity to participate in the growth of one of the world's leading technology companies.
This movement not only reflects the globalization of financial markets, but also demonstrates confidence in the Colombian economy and its stock market system. With the support of the Trii firm, Nvidia's arrival at the MGC promises to strengthen portfolio diversification and could encourage investment in the technology sector, which is constantly evolving.
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#BinanceTournament" #ETF #Shibarium
Bull Run, the documentary that humorously explores the speculative side of cryptocurrencies
Director Ana Ramón Rubio wrote, directed and starred in a film in which she tells of her experience in cryptocurrency trading.
By Marianella Vanci July 27, 2023 Reading time: 3 minutes
Bull Run, the documentary that humorously explores the speculative side of cryptocurrencies
Director Ana Ramón Rubio wrote, directed and starred in a film in which she tells of her experience in cryptocurrency trading.
By Marianella Vanci July 27, 2023 Reading time: 3 minutes
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#MyFirstSquarePost Hello Binance Square!
Cryptocurrencies: Shiba Inu also reaches its all-time high
The price of the token rose 267% in 10 days and is around US$0.000037. Why expectations for this currency are so favorable
Over US$70,000 per unit.
This crypto-meme reaches its all-time high and they predict that its rise will be greater than that of Bitcoin
DIGITAL ECONOMY
Cryptocurrencies are experiencing moments of glory after Bitcoin (BTC), the ecosystem's flagship currency, surpassed its all-time high above US$70,000 per unit.
Cryptocurrencies: Shiba Inu also reaches its all-time high
The price of the token rose 267% in 10 days and is around US$0.000037. Why expectations for this currency are so favorable
Over US$70,000 per unit.
This crypto-meme reaches its all-time high and they predict that its rise will be greater than that of Bitcoin
DIGITAL ECONOMY
Cryptocurrencies are experiencing moments of glory after Bitcoin (BTC), the ecosystem's flagship currency, surpassed its all-time high above US$70,000 per unit.
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