As a researcher studying current trends in the cryptocurrency market, I have noticed that the price movement continues to follow a downward channel. Notably, there are clear resistance levels around $66,000 and $72,000. A significant price break above these levels, as evidenced by the formation of daily candlesticks, could potentially lead to renewed demand. This, in turn, can take the coin to new heights.^⁠_⁠^

AI tokens are experiencing significant growth in the cryptocurrency market, with Fetch.AI (FET) leading the way with a 14.5% gain over the last day. Analysts expect a bullish breakout for FET soon, but the path forward could be uncertain and fraught with challenges. Despite the promising upside, the future $2.35 price range remains the first resistance level to reclaim, and a break above this level could only be the beginning of a potential trend reversal. However, consolidation within a one-day ascending bullish triangle and possible deviation below the trend line towards the 1D 100EMA could hinder progress. The ultimate goal of reaching $4 per FET remains elusive as the cryptocurrency market remains unpredictable and volatile.

The US cryptocurrency industry is fighting a bitter battle against the Biden administration, with tensions reaching a boiling point over the government's demands for strict regulations and a crackdown on digital assets. Cardano founder Charles Hoskinson accuses the administration of trying to harm the crypto industry, citing numerous communication attempts that went unheeded. He believes Senator Elizabeth Warren is pushing this anti-crypto agenda by extending her influence to the Treasury Department and leading the administration to be hostile to crypto, calling millions of Americans “soft criminals.” Hoskinson predicts that the crypto industry will become a major player in future US elections, potentially shaping the political landscape and leading to a more inclusive regulatory environment.

In the exciting world of cryptocurrency trading, over $330 million has been liquidated in the last 24 hours, of which a staggering 81.42% is owned by short traders.  The brutal wave of losses affected more than 78,000 traders, leaving them reeling from the consequences.  Contrary to popular belief, Ethereum took the lead in this rollercoaster ride, accounting for about 32% of the total liquidations.  Bitcoin followed with $96.53 million in liquidations, both of which were driven primarily by short traders.  The market rally, driven largely by Ethereum and supported by Bitcoin, has led to a significant shift in sentiment, raising expectations for the approval of Ethereum spot ETFs.  This optimistic forecast led to a sharp rise in the prices of Ethereum and Bitcoin, leading to an exciting day for crypto traders.
T.me/cryptellk #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance

In the wild world of cryptocurrency, where decentralization rules and memes are king, a playful debate has erupted within the Cardano community over their favorite “genesis keys.” Justin Bones, a mischievous panda bear (or something like that), wondered if Cardano was truly decentralized with those magic keys controlling all the rules. But fear not, dear reader!
#crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance

👨‍💻whale 0x2af withdrew $2.55 million GRT (~$880 thousand) from Binance


In two weeks, it accumulated $23.87 million GRT (~$7.22 million) with an average entry price of $0.3.

Other large token purchases are also observed.

The price of Bitcoin soared to $71,000, causing euphoria in the market and raising the fear and greed index to a greedy 76. But what's next for BTC?  Heavyweights including ARK, BlackRock, Fidelity and Grayscale are back in the game, pouring billions into Bitcoin ETFs.  With $235 million raised in just one day, Bitcoin could be on its way to new heights.  But be careful!  Over the past 24 hours, $96.87 million worth of contracts were liquidated, with nearly $80 million in losses on short positions.  The liquidation heat map suggests the next target for Bitcoin: $76,900.  Is your portfolio ready for this rollercoaster ride?
t.me/cryptellk welcome home

Bitcoin price neared all-time highs, but a 4% pullback tested the $69K support zone. The bullish momentum continued to accumulate during price stagnation in April and May. On-chain analysis by Axel Adler found a lower high in the price gradient oscillator at 2.96, indicating a potential weakening in bullish sentiment. Willy Woo noted increased whale activity, which is unusual during a bull run, as well as the presence of Bitcoin being bought up when prices are not trending. Evidence suggests this bull run will continue, but investor caution is warranted.

In a shocking turn of events that no one saw coming, the US Securities and Exchange Commission (SEC) within days approved all applications submitted to it to create an Ethereum [ETH] spot exchange-traded fund (ETF). Yes, you read that right. A regulatory body known for its glacial speed suddenly became as fast as a cheetah on steroids. #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance

Bitwise Chief Investment Officer Matt Hougan expects U.S. spot Ethereum ETFs to attract $15 billion in net inflows over the first 18 months of trading. He arrived at this figure by comparing the market caps of Bitcoin and Ethereum and assuming investors would allocate funds proportionately to their respective exchange-traded products (ETPs). Given that U.S. investors have invested $56 billion in spot Bitcoin ETPs, Hougan estimates that Ethereum spot ETF assets would need to reach $35 billion to reach parity. However, he lowered his estimate to $15 billion after considering international market data and factoring in trade-related assets. T.me/cryptellk

💥 = went well
😤 = useless

TON defied market trends last week, rising 7.87% despite Bitcoin’s 5.55% decline and altcoins’ decline. Factors contributing to TON’s resilience include significant investment from Pantera Capital and Binance’s USDT integration into the network. Technically, TON is in an uptrend, with the SMA below the daily price and the RSI at 55, indicating continued gains. Additionally, increased whale accumulation and lower exchange outflows suggest confidence in the altcoin. TON is currently trading at $7.50, facing resistance at $7.76 with potential for further gains to $8.24. The 200 EMA is acting as dynamic support, but TON needs to maintain strong support near $6.78 to continue its bullish trend.
❤️❤️❤️

Notcoin (NOT) has seen a brief bullish momentum despite Bitcoin (BTC) struggling to stay above $61k. However, a bearish trend has emerged and the resistance line from early June is likely to fend off the bulls at $0.0171. Fibonacci retracement levels suggest a potential move towards $0.0101 or 78.6% of the retracement. A new higher price high has been broken but is NOT expected to gather liquidity in the $0.016-$0.0165 region before a fresh bearish move. Futures data including spot CVD and open interest do not yet indicate significant bullish confidence. Thank you#crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance

The 2024 US election is being called the “Bitcoin election” due to the growing influence of cryptocurrencies and their users. Former President Donald Trump expressed support for cryptocurrency, while the administration of President Joe Biden has been hostile to it. Marathon Digital Holdings CEO Fred Thiel highlighted Trump’s stance on cryptocurrency and Biden’s hostility. The Winklevoss twins, founders of Gemini, donated $1 million worth of Bitcoin each to the Trump campaign. This growing influence among crypto enthusiasts poses a challenge to Biden’s reelection. In the memecoin market, Doland Tremp (inspired by Trump) saw a 20.2% gain, while Geo Boden (inspired by Biden) was down 3.3%.
🙈🙈🙈🙈🙈🙈🙈🙈#crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance

Now, liberal commentators and political strategists are calling for another candidate to be nominated, one after another. And even among Democrats, they are not ruling out the possibility that Biden should withdraw from the election. As the New York Times writes, the mood among Democratic Party supporters watching the debates "swung from mild panic to gloomy despair." Trump, as usual, attacked his opponent with a stream of accusations and showered him with distorted facts and even lies (as the same New York Times, which traditionally fact-checks the statements of debate participants, claims), he got personal and called the incumbent president a "loser" - but he looked and sounded much more energetic and confident than Biden. Responding to another crumpled statement by Biden, Trump noted: "I don't understand what he said at the end of that sentence. And he probably doesn't understand it himself!" In addition, Trump did not engage in squabbles with his opponent and the hosts, answered succinctly and did not mince words.

"You have to let Israel finish the job. But Biden does not want that, Biden has become a Palestinian. But he is a bad Palestinian because he is weak," Trump said, commenting on the current situation in Gaza. #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance#stocks #coinbase #xrp #forextrading #dogecoin #binaryoptions #bitcoinprice #cryptoworld #cryptoinvestor #forexsignals #stockmarket #altcoin #hodl #nfts #ripple #motivation #cryptoart #success #blockchaintechnology #cryptomining #wealth #nftart #mining #binary #altcoins #financialfreedom #trade #art #usa #forexlifestyle

Crypto analyst CrypNuevo expects a potential reversal in Bitcoin and the cryptocurrency market in connection with the release of consumer price index data on July 11. A rate cut may be imminent, leading to aggressive price increases in the cryptocurrency market. The analyst also discusses the $53,400 wick value on the one-day BTC chart, expecting at least 50% of it to be filled and potentially seeing a bounce from that level if the price falls to it. However, there is a possibility that the price will fill the entire wick and fall further down, with the next support level for the bulls being $51,700. (#btc : ) #stocks #coinbase #xrp #forextrading #dogecoin #binaryoptions #bitcoinprice #cryptoworld #cryptoinvestor #forexsignals #stockmarket #altcoin #hodl #nfts #ripple #motivation #cryptoart #success #blockchaintechnology #cryptomining #wealth #nftart #mining #binary #altcoins #financialfreedom #trade #art #usa #forexlifestyle

Crypto transactions in Africa to reach $117.1 billion in 2023, with Bitcoin dominating but stablecoins gaining momentum. Solana is driving crypto adoption in Africa through partnerships and scalable blockchain solutions. Weak currencies and inflation are the main drivers of crypto adoption in Africa, leading to a surge in stablecoin usage. Over 6 million Kenyans, 5 million South Africans and over 22 million Nigerians currently own or use cryptocurrency, with rapid growth predicted.
#cryptoworld #cryptomining #forexlifestyle #altcoin #hodl

Solana SOL price has started to recover from the $128 zone, up 6%. Bulls are aiming to reclaim the $150 level, as the price is now above $135 and the 100-hour simple moving average. A break above $144 could lead to further gains to $150 or even $155. However, resistance could be found around $144, with major support at $136 and $128. If SOL fails to rise above $144, it could decline to $112. Hourly MACD is in the bullish zone, and RSI is above 50 (#btc : ) #stocks #coinbase #xrp #forextrading #dogecoin #binaryoptions #bitcoinprice #cryptoworld #cryptoinvestor #forexsignals #stockmarket #altcoin #hodl #nfts #ripple #motivation #cryptoart #success #blockchaintechnology #cryptomining #wealth #nftart #mining #binary #altcoins #financialfreedom #trade #art #usa #forexlifestyle