Crypto analyst Benjamin Cowen expects Bitcoin dominance to make its βfinal moveβ to 60% either in September or, at the latest, by December 2024.
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π° 75% of all Bitcoin has been hodled for over 6 months
Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn't been sold or moved for the last six months.
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Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn't been sold or moved for the last six months.
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π main :- @ALLGATHERING
β‘οΈ JUST IN : The $DOGS π€coin Token Generation Event (TGE) and listing have been postponed again new date is August 26th.
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Franklin Templeton is preparing a new ETF: Bitcoin and Ethereum under one flag!
βοΈAsset manager Franklin Templeton has taken a step towards launching an innovative exchange-traded fund by filing an S-1 with the SEC.
βοΈThe new Franklin Crypto Index ETF will combine Bitcoin and Ethereum in one product, opening up new horizons for investors.
π‘Well, it's time to keep your finger on the pulse - this fund promises to be interesting!
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π main :- @ALLGATHERING
βοΈAsset manager Franklin Templeton has taken a step towards launching an innovative exchange-traded fund by filing an S-1 with the SEC.
βοΈThe new Franklin Crypto Index ETF will combine Bitcoin and Ethereum in one product, opening up new horizons for investors.
π‘Well, it's time to keep your finger on the pulse - this fund promises to be interesting!
πCrypto_room
π main :- @ALLGATHERING
π° BlackRock Becomes Third-Largest #Bitcoin Holder With Almost 350,000 BTC.
BlackRock has rapidly expanded its Bitcoin holdings, now owning close to 350,000 BTC, making it the third-largest holder globally, behind only Satoshi Nakamoto and #Binance, according to blockchain data.
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π main :- @ALLGATHERING
BlackRock has rapidly expanded its Bitcoin holdings, now owning close to 350,000 BTC, making it the third-largest holder globally, behind only Satoshi Nakamoto and #Binance, according to blockchain data.
Crypto_room
π main :- @ALLGATHERING
π Top Trending Coins (Today)
1. AIT
2. TRX
3. GEMS
4. ZANO
5. BRETT
6. TAI
7. SUI
8. KMNO
9. TON
10. ETH
11. SOL
12. SUNDOG
13. AAVE
14. AERO
15. MATIC
Crypto_room
π main :- @ALLGATHERING
1. AIT
2. TRX
3. GEMS
4. ZANO
5. BRETT
6. TAI
7. SUI
8. KMNO
9. TON
10. ETH
11. SOL
12. SUNDOG
13. AAVE
14. AERO
15. MATIC
Crypto_room
π main :- @ALLGATHERING
Hong Kongβs Virtual Banks Eye Web3 Expansion Despite Regulatory challenges
Hong Kong's virtual banks, holding just 0.3% of retail banking assets, are ambitiously exploring the Web3 space despite facing significant regulatory challenges. Legislator Johnny Ng Kit-chong is pushing for greater support for Web3 companies, highlighting the potential benefits for Hong Kongβs financial ecosystem.
Crypto-related businesses face hurdles in opening accounts due to stringent regulations, leading some firms to consider relocating. However, Ng remains optimistic, advocating for a clear government strategy to foster Web3 growth.
Mox Bank is already making strides, launching crypto ETFs and planning further digital investment opportunities. Additionally, Ng has floated the idea of incorporating Bitcoin into Hong Kongβs financial reserves as a hedge against inflation.As Hong Kongβs virtual banks navigate these regulatory waters, their efforts to expand into Web3 could signal a new era of digital finance for the city.
Hong Kong's virtual banks, holding just 0.3% of retail banking assets, are ambitiously exploring the Web3 space despite facing significant regulatory challenges. Legislator Johnny Ng Kit-chong is pushing for greater support for Web3 companies, highlighting the potential benefits for Hong Kongβs financial ecosystem.
Crypto-related businesses face hurdles in opening accounts due to stringent regulations, leading some firms to consider relocating. However, Ng remains optimistic, advocating for a clear government strategy to foster Web3 growth.
Mox Bank is already making strides, launching crypto ETFs and planning further digital investment opportunities. Additionally, Ng has floated the idea of incorporating Bitcoin into Hong Kongβs financial reserves as a hedge against inflation.As Hong Kongβs virtual banks navigate these regulatory waters, their efforts to expand into Web3 could signal a new era of digital finance for the city.
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The green vertical lines mark the days from which the bitcoin price only rose, and the red vertical lines mark the days from which the price only fell.
It doesn't really matter how many days bitcoin was rising and how many days it was falling, either way in the scale we can see that bitcoin is always rising in price π
πCrypto_room
π main :- @ALLGATHERING
It doesn't really matter how many days bitcoin was rising and how many days it was falling, either way in the scale we can see that bitcoin is always rising in price π
πCrypto_room
π main :- @ALLGATHERING
JUST IN: π―π΅ Japanese public company Metaplanet buys another Β₯500 million worth of Bitcoin
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π main :- @ALLGATHERING
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π1
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SAYLOR: π° βWhen IβM GONE, my stock, my shares, my assets flow into a public charity whose mission is to support βΏitcoin and the adoption of βΏitcoin FOREVER.β π₯
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π main :- @ALLGATHERING
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π main :- @ALLGATHERING
β‘οΈ Binance and its former CEO, Changpeng "CZ" Zhao, are facing a class-action lawsuit from three investors who claim the exchange facilitated the laundering of stolen crypto, preventing them from recovering their assets.
The lawsuit could challenge the reliability of blockchain analytics and on-chain asset recovery if it progresses.
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π main :- @ALLGATHERING
The lawsuit could challenge the reliability of blockchain analytics and on-chain asset recovery if it progresses.
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π main :- @ALLGATHERING
πDemystifying Leading & Lagging Indicators
Understanding leading and lagging indicators can give you a serious edge, as they are key tools that help traders anticipate and confirm market movements.
Hereβs why these indicators are essential:
βͺοΈ Leading Indicators: Spot potential price movements before they may happen.
βͺοΈ Lagging Indicators: Confirm trends and patterns after theyβve formed, ensuring youβre on the right track.
βͺοΈ Crypto-Specific Data: Use transactional data, network activity, and scarcity measures to make informed decisions.
βͺοΈ Macro Indicators: Track the broader economic factors influencing crypto prices.
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π main :- @ALLGATHERING
Understanding leading and lagging indicators can give you a serious edge, as they are key tools that help traders anticipate and confirm market movements.
Hereβs why these indicators are essential:
βͺοΈ Leading Indicators: Spot potential price movements before they may happen.
βͺοΈ Lagging Indicators: Confirm trends and patterns after theyβve formed, ensuring youβre on the right track.
βͺοΈ Crypto-Specific Data: Use transactional data, network activity, and scarcity measures to make informed decisions.
βͺοΈ Macro Indicators: Track the broader economic factors influencing crypto prices.
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π main :- @ALLGATHERING
JUST IN: π©πͺ German authorities seize 13 Bitcoin ATMs and nearly β¬25 million in cash in a crackdown on operators allegedly violating KYC/AML laws
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πΊπΈ Spot Ethereum ETFs in the U.S. have experienced a significant outflow, losing $92.2 million over five days, marking their longest streak of outflows since their July 23 launch.
In contrast, Bitcoin ETFs have continued to attract investments, maintaining a positive net flow despite large outflows from the Grayscale Bitcoin Trust.
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π main :- @ALLGATHERING
In contrast, Bitcoin ETFs have continued to attract investments, maintaining a positive net flow despite large outflows from the Grayscale Bitcoin Trust.
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π main :- @ALLGATHERING
π¨ According to MacroMicro, the cost of producing one bitcoin has reached $72000!
This means that on average miners are working in the negative and the market needs an upward price correction
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π main :- @ALLGATHERING
This means that on average miners are working in the negative and the market needs an upward price correction
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π main :- @ALLGATHERING
π Market Overview:
BTC : $63955
ETH : $2753.96
BNB : $574.94
SOL : $157.79
β‘ Dominance :
BTC : 53.77 %
ETH : 14.10 %
Stables : 6.50 %
π Market Cap :
Total : 2.35T
DeFi : 73.39B
24hr Vol : 70.65B
Crypto_room
BTC : $63955
ETH : $2753.96
BNB : $574.94
SOL : $157.79
β‘ Dominance :
BTC : 53.77 %
ETH : 14.10 %
Stables : 6.50 %
π Market Cap :
Total : 2.35T
DeFi : 73.39B
24hr Vol : 70.65B
Crypto_room
The USDT stablecoin will launch on the Aptos blockchain π
π According to Tether, support for the Aptos network will enable transactions with USDT at exceptionally low fees (fractions of a cent). This is expected to broaden the use cases for USDTβfrom microtransactions to large corporate operations.
π΄ββοΈ The Aptos blockchain was also chosen for its "unprecedented speed and scalability." In May of this year, the network recorded 157 million transactions in a single day.
USDT operates on several blockchain networks, with the most popular being Tron, Ethereum, Avalanche, Solana, and Ton. π
The Aptos blockchain token (APT) is among the top 30 largest crypto assets, with a market capitalization of around $3 billion. π
π Crypto_room
π According to Tether, support for the Aptos network will enable transactions with USDT at exceptionally low fees (fractions of a cent). This is expected to broaden the use cases for USDTβfrom microtransactions to large corporate operations.
π΄ββοΈ The Aptos blockchain was also chosen for its "unprecedented speed and scalability." In May of this year, the network recorded 157 million transactions in a single day.
USDT operates on several blockchain networks, with the most popular being Tron, Ethereum, Avalanche, Solana, and Ton. π
The Aptos blockchain token (APT) is among the top 30 largest crypto assets, with a market capitalization of around $3 billion. π
π Crypto_room
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πΎ Just look at what $1 billion in gold VS $1 billion in bitcoin looks like
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β€1
π° Samson Mow says Kamala Harrisβs policies like price controls and higher taxes could send #Bitcoin to $1M
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