Market News 📊
🌎 Global market capitalization of cryptocurrencies now stands at $2.42 trillion, down -1.20% over the last day.
Bitcoin (BTC) has traded between $64,666 and $65,967 in the last 24 hours. As of Today, BTC is trading at $65,625, up 0.70%.
Most of the major cryptocurrencies are trading mixed in terms of market capitalization. The market leaders are FET , AGIX and OCEAN , up 32%, 29% and 27% respectively.
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Bitcoin (BTC) has traded between $64,666 and $65,967 in the last 24 hours. As of Today, BTC is trading at $65,625, up 0.70%.
Most of the major cryptocurrencies are trading mixed in terms of market capitalization. The market leaders are FET , AGIX and OCEAN , up 32%, 29% and 27% respectively.
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👨⚖️Utah residents to be tried for converting $2.5 million into cryptocurrency
Two residents of 🇺🇸Utah, Brian Harry Sewell and Kean Lee Ellsworth, are facing charges for unlicensed conversion of more than $2.5 million into cryptocurrency. They operated the business without the required licenses from March to September 2020.
Ellsworth: Converted funds through his company Ellsworth & Associates.
Sewell: Converted funds into cryptocurrency through Rockwell Capital Management.
💬Sewell is also facing fraud and money laundering charges. From 2017 to 2024, he defrauded investors by providing false information about his experience and education.
Additional charges:🌀
In February, the SEC charged Sewell with $1.2 million in fraud, alleging that he stole funds raised for a cryptocurrency fund.
Do you think that's fair?
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Two residents of 🇺🇸Utah, Brian Harry Sewell and Kean Lee Ellsworth, are facing charges for unlicensed conversion of more than $2.5 million into cryptocurrency. They operated the business without the required licenses from March to September 2020.
Ellsworth: Converted funds through his company Ellsworth & Associates.
Sewell: Converted funds into cryptocurrency through Rockwell Capital Management.
💬Sewell is also facing fraud and money laundering charges. From 2017 to 2024, he defrauded investors by providing false information about his experience and education.
Additional charges:🌀
In February, the SEC charged Sewell with $1.2 million in fraud, alleging that he stole funds raised for a cryptocurrency fund.
Do you think that's fair?
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Phishing tourists with AI 😈
There has been an increase📈 of phishing in the travel industry and we want to warn you about it. Scammers are actively using AI to create phishing emails with quality grammar in different languages. 🧳Travelers are especially vulnerable as they are often asked to provide credit card and ID information on platforms like booking airbnb and others.
Phishing attacks have increased by 500-900% in the last year and a half. Be especially careful when booking hotels - scammers can spread malware through phishing emails.
In one case, a victim was offered to rent a non-existent property in the Swiss Alps for $200 per night, although similar properties cost $1,000.
🔙 Don't click on suspicious links.
If in doubt, call the hotel or customer service if unsure.🔜
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There has been an increase📈 of phishing in the travel industry and we want to warn you about it. Scammers are actively using AI to create phishing emails with quality grammar in different languages. 🧳Travelers are especially vulnerable as they are often asked to provide credit card and ID information on platforms like booking airbnb and others.
Phishing attacks have increased by 500-900% in the last year and a half. Be especially careful when booking hotels - scammers can spread malware through phishing emails.
In one case, a victim was offered to rent a non-existent property in the Swiss Alps for $200 per night, although similar properties cost $1,000.
If in doubt, call the hotel or customer service if unsure.
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Mini contest for the funniest life story!
Want to win? Share your funniest life story in the comments!
Whichever comment gets the most likes will win!
🗓️ The contest runs from Friday through Sunday.
Participate, laugh and win! 🎉
💬 May the funniest one win!
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Mini contest for the funniest life story!
Want to win? Share your funniest life story in the comments!
Whichever comment gets the most likes will win!
🗓️ The contest runs from Friday through Sunday.
Participate, laugh and win! 🎉
💬 May the funniest one win!
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Market News 📊
The global market capitalization of cryptocurrencies now stands at $2.42 trillion, up 3.44% over the last day.
Bitcoin (BTC) has traded between $62,043 and $64,429 in the last 24 hours.
Today, BTC is trading at $62,126,📉 down -3.57%.
Most major cryptocurrencies by market capitalization are trading lower🔽 . The market leaders are MTL , CREAM and POND , up 22%, 5% and 3% respectively.
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The global market capitalization of cryptocurrencies now stands at $2.42 trillion, up 3.44% over the last day.
Bitcoin (BTC) has traded between $62,043 and $64,429 in the last 24 hours.
Today, BTC is trading at $62,126,
Most major cryptocurrencies by market capitalization are trading lower
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MaxSwap introduces a mobile app!🆕
Manage your cryptocurrencies with convenience!🥇
With the new MaxSwap app you will be able to:
✅Buy and sell cryptocurrency quickly and securely.
✅Exchange some cryptocurrencies for others.
✅Track cryptocurrency rates in real time.
✅Transfer between your wallets.
✅Store cryptocurrency in a safe place.
And that's not all!
MaxSwap app is constantly evolving and we are adding new features.
Download the MaxSwap app right now and appreciate its benefits!
➡️Read more:
💚Download:
Android version is now available, iOS version coming soon!
Stay tuned for updates on the iOS release - we promise the wait will be worth it!
Manage your cryptocurrencies with convenience!🥇
With the new MaxSwap app you will be able to:
✅Buy and sell cryptocurrency quickly and securely.
✅Exchange some cryptocurrencies for others.
✅Track cryptocurrency rates in real time.
✅Transfer between your wallets.
✅Store cryptocurrency in a safe place.
And that's not all!
MaxSwap app is constantly evolving and we are adding new features.
Download the MaxSwap app right now and appreciate its benefits!
➡️Read more:
💚Download:
Android version is now available, iOS version coming soon!
Stay tuned for updates on the iOS release - we promise the wait will be worth it!
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Bitcoin: Rebound or Continued Decline? 📉
📱 Bitcoin continues to fluctuate between $72,000 and $60,000, recently experiencing a significant outflow of weak hands.
The lower boundary of this range has held up again, and indicators suggest oversold conditions.
The daily RSI is at its lowest🔽level in a year, and the 200-day moving average, which has historically served as support, has been nearly reached.
Investor sentiment has sharply deteriorated, with the fear and greed index dropping to 😱"fear" levels, whereas optimism prevailed when Bitcoin was trading at $25,000.
🔗 The combination of these factors hints at a likely rebound. Key levels to watch: $64,000 - $66,000.
☝ It's also worth noting the "strength" of altcoins. During Bitcoin's recent decline, they showed resilience and even gained relative to Bitcoin. Bitcoin's dominance has decreased.
What’s next? 👀
It's hard to say for certain.
In the worst-case scenario, if Bitcoin falls out of its range, it will test the $50,000 - $53,000 level.
A rebound is highly possible, but further declines shouldn't be ruled out.
P.S. This is the opinion of our expert and is NOT FINANCIAL ADVICE. All decisions to buy or sell assets are made by you.
📱 Bitcoin continues to fluctuate between $72,000 and $60,000, recently experiencing a significant outflow of weak hands.
The lower boundary of this range has held up again, and indicators suggest oversold conditions.
The daily RSI is at its lowest🔽level in a year, and the 200-day moving average, which has historically served as support, has been nearly reached.
Investor sentiment has sharply deteriorated, with the fear and greed index dropping to 😱"fear" levels, whereas optimism prevailed when Bitcoin was trading at $25,000.
🔗 The combination of these factors hints at a likely rebound. Key levels to watch: $64,000 - $66,000.
☝ It's also worth noting the "strength" of altcoins. During Bitcoin's recent decline, they showed resilience and even gained relative to Bitcoin. Bitcoin's dominance has decreased.
What’s next? 👀
It's hard to say for certain.
In the worst-case scenario, if Bitcoin falls out of its range, it will test the $50,000 - $53,000 level.
A rebound is highly possible, but further declines shouldn't be ruled out.
P.S. This is the opinion of our expert and is NOT FINANCIAL ADVICE. All decisions to buy or sell assets are made by you.
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💹Mt. Gox will pay out over 140,000 BTC and Bitcoin could soar to $1 million!
Starting July 2024, they will start paying out to their customers over 140,000 BTC stolen in 2011.
This could have an impact on the Bitcoin exchange rate, which is currently struggling to hold key levels.
And XRP looks to be in for a bullish July!
Historical data shows that July was the most successful month for XRP in the last 4 years.
Finally, Samson Mou, known for his optimism, predicts that Bitcoin could reach $1 million next year!
📍His prediction is based on the approval of the spot Bitcoin-ETF and the fourth halving.
Starting July 2024, they will start paying out to their customers over 140,000 BTC stolen in 2011.
This could have an impact on the Bitcoin exchange rate, which is currently struggling to hold key levels.
And XRP looks to be in for a bullish July!
Historical data shows that July was the most successful month for XRP in the last 4 years.
Finally, Samson Mou, known for his optimism, predicts that Bitcoin could reach $1 million next year!
📍His prediction is based on the approval of the spot Bitcoin-ETF and the fourth halving.
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In 🇭🇰Hong Kong criticized the decision of the 🇨🇳PRC to ban BTC mining
🔎Analyzing the consequences of the ✖️ban on mining in the PRC, experts from the Hong Kong University of Science and Technology highlighted several key aspects.
The ban on mining digital assets has forced many large companies to leave the country and relocate operations to more favorable jurisdictions, including both the 🇺🇸United States, 🇰🇿Kazakhstan and 🇨🇦Canada. This has led to significant changes in the global distribution of the BTC hashrate.
The PRC's digital asset strategy may change depending on the geopolitical situation. If 👤Donald Trump returns to power in the US, China may need to reconsider
🏛policy on cryptocurrencies.
🔎Analyzing the consequences of the ✖️ban on mining in the PRC, experts from the Hong Kong University of Science and Technology highlighted several key aspects.
The ban on mining digital assets has forced many large companies to leave the country and relocate operations to more favorable jurisdictions, including both the 🇺🇸United States, 🇰🇿Kazakhstan and 🇨🇦Canada. This has led to significant changes in the global distribution of the BTC hashrate.
The PRC's digital asset strategy may change depending on the geopolitical situation. If 👤Donald Trump returns to power in the US, China may need to reconsider
🏛policy on cryptocurrencies.
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TOP COIN PRICES for 28.06.24
To exchange cryptocurrency use
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#MaxSwapPrices
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Why is Toncoin Rising? What to Expect from TON's Price🧐
In June, many altcoins fell, but Toncoin (TON) stood out among the top 25 cryptocurrencies by market capitalization. Over the past month, its price has risen by more than 17%, despite the overall market decline.
Reasons for TON's Rise📈:
1. Stability and Resilience: TON was quickly bought up during the last dip, indicating high demand.
2. Growth in TVL: The total value locked in the TON network increased by 130%, reaching $600 million. This reflects growing trust in the network and increased user activity.
3. Ecosystem Development: Strengthening the USDT market in the TON network and the influx of new users to applications like Notcoin and Hamster Kombat.
4. Active Development: Significant updates are planned, including the integration of stablecoins and the launch of bridges for interaction with other blockchains.
5. Positive Sentiment: Most mentions of Toncoin on social media are optimistic.
Forecasts📊:
- Growth: If the current trend continues, TON could consolidate above $7.70.
- Correction: A short-term correction is possible due to profit-taking, but long-term prospects remain positive.
P.s. This is NOT FINANCIAL ADVICE. All decisions to buy or sell assets are made by you.
In June, many altcoins fell, but Toncoin (TON) stood out among the top 25 cryptocurrencies by market capitalization. Over the past month, its price has risen by more than 17%, despite the overall market decline.
Reasons for TON's Rise📈:
1. Stability and Resilience: TON was quickly bought up during the last dip, indicating high demand.
2. Growth in TVL: The total value locked in the TON network increased by 130%, reaching $600 million. This reflects growing trust in the network and increased user activity.
3. Ecosystem Development: Strengthening the USDT market in the TON network and the influx of new users to applications like Notcoin and Hamster Kombat.
4. Active Development: Significant updates are planned, including the integration of stablecoins and the launch of bridges for interaction with other blockchains.
5. Positive Sentiment: Most mentions of Toncoin on social media are optimistic.
Forecasts📊:
- Growth: If the current trend continues, TON could consolidate above $7.70.
- Correction: A short-term correction is possible due to profit-taking, but long-term prospects remain positive.
P.s. This is NOT FINANCIAL ADVICE. All decisions to buy or sell assets are made by you.
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TOP COIN PRICES for 01.07.24
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#MaxSwapPrices
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📊Analysts believe that the $63,000 price of bitcoin is a threshold below which speculators are unwilling to sell. The bitcoin price has fallen
In a similar situation in the 🌤summer of 2023, the bitcoin price remained stable for two months before resuming its ↗️upward trajectory. Analysts believe that volatility is needed for the BTC price to rise to $65,000.
Stabilization of bitcoin at $65,000 could lead to further growth, but experts do not specify by how much. Currently, bitcoin has not shown sharp fluctuations for several weeks due to the lack of strong growth factors. Analysts expect July to be more favorable for 🟠BTC compared to June, when the price fell by almost 7%.
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Former BitMEX CEO Arthur Hayes believes the world is on the brink of a new "mega-local inflationary cycle." In this context, investors should move away from 📈stocks and bonds in favor of 🥇gold and bitcoin, which outperforms the precious metal due to the absence of national control.
Hayes analyzed three major cycles from the 1930s to the present day, identifying two types of periods: local (inflationary) and global (deflationary). During a local period, like now, one should invest in gold and bitcoin.
He is confident that the current cycle began in 2008 and is leading to financial repression. Bitcoin offers an alternative to gold thanks to its cryptographic blockchain and high transaction 💨speed.
Hayes forecasts that the U.S.🇺🇸 budget deficit will reach $1.92 trillion in 2024 and urges people not to worry about a recession. According to him, investing in cryptocurrencies is the best way to preserve wealth.
Hayes has predicted that bitcoin will rise to $70,000 by the end of the summer and highlighted the potential of Solana (SOL) and Aptos (APT).
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TOP COIN PRICES for 04.07.24
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TOP COIN PRICES for 05.07.24
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💡What's Next?
Today, let's talk🗯 about what's happening in the market in a light format right now it's going through some serious turmoil with massive liquidations of long bitcoin (BTC) positions. According to SignalQuant, the recent price drop has been catastrophic for long holders, surpassing all previous year-to-date figures📉 .
👥Experts note that the current liquidations are even more massive than in a similar downturn in 2023. This raises additional concerns and emphasizes the volatility of the market. Premature conclusions about the recovery should not be made, as the market needs time to stabilize.
💥Large liquidations can increase volatility and make price forecasting difficult. This emphasizes the importance of a conservative approach to trading and strict risk management.
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Today, let's talk🗯 about what's happening in the market in a light format right now it's going through some serious turmoil with massive liquidations of long bitcoin (BTC) positions. According to SignalQuant, the recent price drop has been catastrophic for long holders, surpassing all previous year-to-date figures
👥Experts note that the current liquidations are even more massive than in a similar downturn in 2023. This raises additional concerns and emphasizes the volatility of the market. Premature conclusions about the recovery should not be made, as the market needs time to stabilize.
💥Large liquidations can increase volatility and make price forecasting difficult. This emphasizes the importance of a conservative approach to trading and strict risk management.
───────────
Swap N Buy
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😱Have you waited?
On July 8, the Hamster Kombat token (HMSTR) will be released on the Aevo pre-launch marketplace with a maximum of 10 billion.🔥
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On July 8, the Hamster Kombat token (HMSTR) will be released on the Aevo pre-launch marketplace with a maximum of 10 billion.🔥
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Current situation in the cryptocurrency market📊
The scenario is now evolving on a📉 negative path as expected in the past posts. The government of
🇩🇪Germany continues to sell BTC and MT Gox assets are also getting connected, which is putting pressure on the market.
⚙️The technical picture looks unfavorable: we broke the monthly trend and ↘️dropped below the 200-day average. If the price does not return behind the trend and above the 200MA and into the trading channel by the end of the week, the risk of further decline will increase. Target levels could be 50-46.
😅On the positive side, market sentiment is in the "fear" zone and inflows into spot ETFs have started to recover and look encouraging.
P.S. This is the opinion of our expert and is NOT FINANCIAL ADVICE. All decisions to buy or sell assets are made by you.
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The scenario is now evolving on a
🇩🇪Germany continues to sell BTC and MT Gox assets are also getting connected, which is putting pressure on the market.
⚙️The technical picture looks unfavorable: we broke the monthly trend and ↘️dropped below the 200-day average. If the price does not return behind the trend and above the 200MA and into the trading channel by the end of the week, the risk of further decline will increase. Target levels could be 50-46.
😅On the positive side, market sentiment is in the "fear" zone and inflows into spot ETFs have started to recover and look encouraging.
P.S. This is the opinion of our expert and is NOT FINANCIAL ADVICE. All decisions to buy or sell assets are made by you.
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Cryptocurrency liquidation should 📉decrease this month and the market is expected to recover from August, according to a research report from JPMorgan.
🏦The bank lowered its estimate of Crypto net Flow since the beginning of the year to $8 billion from $12 billion previously.
The Wall Street firm said it was skeptical that the previous $12 billion estimate would hold through the end of the year, given how high
This decrease in reserves is likely a reflection of ❌
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About TRON: Explosive growth and prospects📈
As of 🗓 July 12, daily transactions on the TRON network rose to $7 million. TRX rose 14%, breaking 🔑 key resistance level of $0.13.
If the price stays above $0.12, it is expected to rise to $0.14 in the medium term. TRX is holding above the 50-day and 200-day moving averages.
🏯 TRON's user base has over 2 million active addresses, surpassing competitors such as Ethereum.
👤 Justin Sun, founder of TRON, himself Says
You can buy TRX here👇
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As of 🗓 July 12, daily transactions on the TRON network rose to $7 million. TRX rose 14%, breaking 🔑 key resistance level of $0.13.
If the price stays above $0.12, it is expected to rise to $0.14 in the medium term. TRX is holding above the 50-day and 200-day moving averages.
🏯 TRON's user base has over 2 million active addresses, surpassing competitors such as Ethereum.
👤 Justin Sun, founder of TRON, himself Says
our network will surpass one billion addresses
and will continue to see significant growth.
You can buy TRX here
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