Bitcoin Magazine
15.8K subscribers
8.18K photos
773 videos
3 files
4.5K links
Download Telegram
πŸ•΅οΈ While many people are panic selling, 7 Siblings is bravely buying the dip in $ETH!

In the past hour, they have bought 9,023 $ETH ($18M) at an average price of $1,995. link link
πŸ‡¨πŸ‡³πŸ‘€ Bessent stated that there are rumors suggesting China is developing digital assets backed by something other than the yuan. link
🐳 A whale got completely liquidated on its $SOL long position, losing $6.7M.

Overall, the whale has lost over $16M. link
πŸ†• $RNBW live on Binance alpha link
πŸ—£ Binance Founder CZ Says He Is "Poor Again."
😁1
🐳 Andrew Tate buys $2,000,000 worth of Bitcoin.
❀2
πŸ† McDonald's surpasses ETH in total market cap.
❀1πŸ’©1🀣1
πŸ“‰πŸ˜­ $65,000 Bitcoin
⚑1πŸ‘1😁1πŸ•Š1
Media is too big
VIEW IN TELEGRAM
😱 #BTC Bloomberg Analyst says Bitcoin will crash to $10,000 link
πŸ•΅οΈ The price of XRP has just lost the Realized Price.

Bulls tried to defend this region, but the fact that it was lost is a strong signal that bears are in control.

What is the Realized Price?
The Realized Price represents the average cost basis of all coins in circulation, calculated from the last time each coin moved on-chain.

Why is this important?
β€’ When price is above the Realized Price, most holders are in profit β†’ confidence and holding behavior
β€’ When price falls below the Realized Price, the market moves into aggregate losses, increasing fear, distribution, and the risk of deeper drawdowns

Historically, losing the Realized Price marks a regime change in market structure.
πŸ“ˆ CZ: β€œPoor again.
(last time I posted this was when Bitcoin dropped from $67K to $30K ish. Did alright in the end.)” link
😱 #BTC #COIN CryptoQuant CEO Ki Young Ju says Bitcoin selling pressure is currently coming from Coinbase.
β›πŸ“‰ #BTC According to Bloomberg, Bitcoin’s key mining profitability metric, hash price, has fallen to a record low of about $0.03 per terahash, based on data from Luxor Technology. The next biweekly difficulty adjustment is expected to decline by more than 13%.

Although some miners are shifting data centers toward AI workloads to diversify revenue, most income still comes from mining, with rising power costs and weather-related outages further squeezing industry margins. link
πŸ“‰ Bitcoin dropped to $64,993.
πŸ“Œ Top 5 News for 24 Hour:

1. Bloomberg analyst predicts Bitcoin crash to $10,000. β†’ Read full
πŸ‘ 419 | ❀️ 5 | πŸ” 20

2. Vitalik Buterin selling large amount of ETH. β†’ Read full
πŸ‘ 644 | ❀️ 0 | πŸ” 17

3. World Liberty Finance sells $WBTC for $USDC, plans more sales. β†’ Read full
πŸ‘ 445 | ❀️ 1 | πŸ” 12

4. Garrett Jin buys back $ETH, withdraws 80,000 from Binance. β†’ Read full
πŸ‘ 512 | ❀️ 1 | πŸ” 10

5. McDonald's market cap exceeds Ethereum. β†’ Read full
πŸ‘ 374 | ❀️ 0 | πŸ” 10

EXCAVO | Academy | News | YouTube
This media is not supported in your browser
VIEW IN TELEGRAM
πŸ‘€ Welcome to the pain zone.
This is where plebs are made.