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One of the largest crypto community for Traders, Investors & Crypto enthusiasts.

Channel related to Blockchain, Crypto Currencies, AMAs, Market Movements & Analysis.

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In Q2 2024, venture capitalists invested $3.194bn (+28% QoQ) into crypto and blockchain-focused companies across 577 deals (-4% QoQ)
BREAKING: ๐Ÿ‡บ๐Ÿ‡ธ US #inflation falls to 3%, It's lower than expectations.
The current bull rally is slightly behind previous rallies, but not by much. Historically, BTC shows rapid growth 6-8 months after Halving.
NVIDIA became the largest Public Company by Market Cap Surpassing Microsoft and Apple.
๐ŸšจBreaking: ๐Ÿ‡ฉ๐Ÿ‡ชGerman Government has sold 27,154 #btc in total till now and have 22,846 #btc left remaining worth $1.3 billion
#Bitcoin whales are accumulating at their fastest rate since April 2023.

Aaccirding to CryptoQuant, Whales accumulated 85K #BTC in the last 30 days.
Historically, Q3 has been the weakest period for Bitcoin, often due to supply distribution from bankruptcy estates.

However, Q4 typically sees the strongest performance, driven by factors such as the U.S. election, halving effects, cash distributions from the FTX estate, and easing macroeconomic conditions.

This trend suggests potential resilience and growth for Bitcoin as it moves through these cycles.
The #German government has sold 88.4% of its original 50,000 $BTC, leaving them with 5,800 #Bitcoin .
In Q2 2024, venture capitalists invested $3.194bn (+28% QoQ) into crypto and blockchain-focused companies across 577 deals (-4% QoQ)
๐ŸšจBREAKING: German Government sold all confiscated #bitcoin. They have 0 #btc left in wallets.
Bitcoinโ€™s recent decline below the 200-day moving average (DMA), marking its deepest correction since late 2022, has resulted in significant unrealized losses for many short-term investors, according to a new report by Glassnode analysts.
๐Ÿšจ Breaking News:

US Bitcoin ETFs saw $310 million in inflows yesterday, marking the highest in a month.

This significant influx highlights growing investor confidence and a bullish sentiment in the market.
Q3 tends to be the weakest seasonal period in BTC, whereas Q4 tends to be the strongest. BTC will have to endure supply distribution from bankruptcy estates in Q3.

Q4 is prone to offer strength stemming from the U.S. election, halving effects coming into play, cash distributions from the FTX estate, and easing macro conditions.
Bitcoin is testing the short-term holders' MVRV support area. Historically, in the majority of cases, this has been a precursor to a continued bull run.
After the German government, Mt. Gox is now moving BTC for repayments. Bitcoin is experiencing a dip due to this, but don't worry โ€“ this phase will also pass soon.
Mt. Gox Moves $3B in Bitcoin to Unknown Address.
The current daily transaction volume on the Bitcoin network, without filtering for irrelevant transactions, stands at $46.4 billion. According to Glassnode analysts, this figure surpasses the respective transaction volumes of the Visa and Mastercard payment networks.
Base is now the #1 most used network on both Uniswap and Aave.