Please open Telegram to view this post
VIEW IN TELEGRAM
โค3๐2๐ฅ1๐ฅฐ1๐1๐1๐1
๐ Realized losses over the past 30 days amounted to $403 million (i.e., the coins moved on-chain in the last month have depreciated by $403 million for their owners). ๐
๐ต๏ธโโ๏ธ This is similar to the losses after the market crash during the COVID-19 period but 3.3 times less than the losses after the mining ban in China and 4.6 times less than after the collapse of the Luna ecosystem.
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
๐ต๏ธโโ๏ธ This is similar to the losses after the market crash during the COVID-19 period but 3.3 times less than the losses after the mining ban in China and 4.6 times less than after the collapse of the Luna ecosystem.
Please open Telegram to view this post
VIEW IN TELEGRAM
โค3๐3๐ฅ1๐ฅฐ1๐ฑ1๐1
๐ Bitwise CIO Predicts Bitcoin to Hit $100K by Year-End! ๐
Matt Hougan of Bitwise outlines key factors driving Bitcoin's potential surge:
โช๏ธSpot Bitcoin ETFs: Over $15B net inflows since January.
โช๏ธBitcoin Halving: April's supply reduction to boost prices.
โช๏ธSpot Ethereum ETFs: Expected $15B net inflows in 18 months.
โช๏ธPolitical Shifts: Pro-crypto super PACs and GOP support.
โช๏ธFed Rate Cuts: Predicted by year-end, favorable for crypto.
๐ Short-term hurdles include Mt. Gox distributions and government bitcoin sales, but Hougan sees these as temporary. He believes the right mix of developments could push Bitcoin to $100K and Ether to new highs. ๐
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
Matt Hougan of Bitwise outlines key factors driving Bitcoin's potential surge:
โช๏ธSpot Bitcoin ETFs: Over $15B net inflows since January.
โช๏ธBitcoin Halving: April's supply reduction to boost prices.
โช๏ธSpot Ethereum ETFs: Expected $15B net inflows in 18 months.
โช๏ธPolitical Shifts: Pro-crypto super PACs and GOP support.
โช๏ธFed Rate Cuts: Predicted by year-end, favorable for crypto.
๐ Short-term hurdles include Mt. Gox distributions and government bitcoin sales, but Hougan sees these as temporary. He believes the right mix of developments could push Bitcoin to $100K and Ether to new highs. ๐
Please open Telegram to view this post
VIEW IN TELEGRAM
๐6โค1๐1๐ฑ1๐1
Approximately 46% of all assets deposited from Ethereum's main layer have been moved using the Arbitrum L2 network.
As a result, Arbitrum remains the dominant L2 blockchain. ๐
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
As a result, Arbitrum remains the dominant L2 blockchain. ๐
Please open Telegram to view this post
VIEW IN TELEGRAM
๐3โค2๐ฅฐ1๐1
๐ฉ๐ช After the German sold ALL their bitcoin somebody sent them $1.87 #Bitcoin and inscribed the message โHFSP German governmentโ ๐๐
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
Please open Telegram to view this post
VIEW IN TELEGRAM
๐3โค1๐ฅฐ1๐ฑ1
Overnight BTC rose from $60,000 to $62,900
Please open Telegram to view this post
VIEW IN TELEGRAM
๐5โค1๐ฅ1๐ฅฐ1๐1
โก๏ธA new complaint has been filed against Tether and Bitfinex regarding the issue of unsecured USDT and the manipulation of crypto through the issuance of USDT.
It is worth noting that over the past year, Tether has printed a total of 31,000,000,000 USDT.
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
It is worth noting that over the past year, Tether has printed a total of 31,000,000,000 USDT.
Please open Telegram to view this post
VIEW IN TELEGRAM
๐5โค1๐ฅฐ1๐1
American spot ETFs purchased 6,470 bitcoins worth approximately $422 million during the trading session on July 16. Of this, $260 million was attributed to BlackRock's IBIT fund. Capital inflows into these funds have continued for 8 consecutive trading days. ๐ฐ
๐ The price of bitcoin reached $66,000 on the night of July 17, surging by more than $10,000 after a dip earlier in the month.
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
๐ The price of bitcoin reached $66,000 on the night of July 17, surging by more than $10,000 after a dip earlier in the month.
Please open Telegram to view this post
VIEW IN TELEGRAM
๐3๐ฅฐ2โค1๐1
Over 36% of MtGox's BTC has been distributed to creditors, with the trustee holding more than 140,000 BTC to be allocated over time. ๐ง
๐ต๏ธโโ๏ธ Most analysts believe that only a small number of users will sell their BTC, and the impact of these sales will be minor and short-lived.
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
๐ต๏ธโโ๏ธ Most analysts believe that only a small number of users will sell their BTC, and the impact of these sales will be minor and short-lived.
Please open Telegram to view this post
VIEW IN TELEGRAM
๐3โค1๐ฅฐ1
Please open Telegram to view this post
VIEW IN TELEGRAM
๐4โค1๐ฅฐ1๐1
The price recently broke out of the downward resistance and tested it again. So now the chance of another strong upside step to test the important resistance level of $3900-4000 is very high.
Now the price is facing surface resistance in the area of โโ$3500, so both the upward scenario to the resistance level and the scenario of the price falling again to the support level of $3030 are significant.
Please open Telegram to view this post
VIEW IN TELEGRAM
๐3๐ฅ2โค1๐ฅฐ1
โTransfer $3 billion dollars across the world in bitcoins for a fee of $2.61 dollars
Now try doing the same thing with any bank and the same fee๐
Bitcoin is making life easier and changing the rules of the game
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
Now try doing the same thing with any bank and the same fee๐
Bitcoin is making life easier and changing the rules of the game
Please open Telegram to view this post
VIEW IN TELEGRAM
๐8โค2๐ฅฐ2
๐คBiden's Withdrawal Shakes Crypto Market
๐ Mass Liquidations
$67 million in crypto long positions were liquidated within 30 minutes after President Joe Biden announced his withdrawal from the 2024 election. Bitcoin fell 2.3% to $65,880, triggering the liquidations.
๐ Quick Recovery
Bitcoin quickly bounced back, reaching a 24-hour high of $68,480. This surge caused $34 million in losses for short positions.
๐กMarket Impact
Experts believe Biden's exit created uncertainty, but a large buy order helped stabilize the market.
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
๐ Mass Liquidations
$67 million in crypto long positions were liquidated within 30 minutes after President Joe Biden announced his withdrawal from the 2024 election. Bitcoin fell 2.3% to $65,880, triggering the liquidations.
๐ Quick Recovery
Bitcoin quickly bounced back, reaching a 24-hour high of $68,480. This surge caused $34 million in losses for short positions.
๐กMarket Impact
Experts believe Biden's exit created uncertainty, but a large buy order helped stabilize the market.
Please open Telegram to view this post
VIEW IN TELEGRAM
๐4โค1๐ฅ1
The transaction volume on Polymarket reached a record $228 million!
๐ The transaction volume on Polymarket has risen to $228 million since the beginning of July, setting a record. For comparison, it was $111.6 million in June.
๐บ๐ธ The active growth in metrics is associated with the U.S. presidential election campaign that has started. The total volume of open positions on the election winner has reached $338.1 million. ๐ฐ
The main candidates are Donald Trump from the Republicans and Kamala Harris from the Democrats (although she has not yet been officially confirmed at the party convention), as Joe Biden withdrew from the race under pressure from influential party members). ๐คท
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
๐ The transaction volume on Polymarket has risen to $228 million since the beginning of July, setting a record. For comparison, it was $111.6 million in June.
๐บ๐ธ The active growth in metrics is associated with the U.S. presidential election campaign that has started. The total volume of open positions on the election winner has reached $338.1 million. ๐ฐ
The main candidates are Donald Trump from the Republicans and Kamala Harris from the Democrats (although she has not yet been officially confirmed at the party convention), as Joe Biden withdrew from the race under pressure from influential party members). ๐คท
Please open Telegram to view this post
VIEW IN TELEGRAM
๐6โค2๐ฅฐ1๐1๐1
๐ฐ BlackRock continues to eat spot Bitcoin ETF volume share
The iShares Bitcoin Trust has roared to a new all-time high, capturing an impressive 67% of the spot Bitcoin ETF volume market share.
This surge surpasses its previous record of 61%, further cementing BlackRock's dominance in the crypto ETF space. Despite this record-breaking market share, IBIT's daily trading volume stood at $1.2 billion, which is only average for the fund.
This suggests that while IBIT outperforms its competitors, overall market activity remains steady.
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
The iShares Bitcoin Trust has roared to a new all-time high, capturing an impressive 67% of the spot Bitcoin ETF volume market share.
This surge surpasses its previous record of 61%, further cementing BlackRock's dominance in the crypto ETF space. Despite this record-breaking market share, IBIT's daily trading volume stood at $1.2 billion, which is only average for the fund.
This suggests that while IBIT outperforms its competitors, overall market activity remains steady.
Please open Telegram to view this post
VIEW IN TELEGRAM
๐2โค1๐ฅฐ1
"The to the moon" didn't happen, and the price of ETH dropped by 8% in a day. ๐คท
๐ฐ Capital inflow into new spot ETFs based on Ethereum decreased following the trading session on July 24. For example, BlackRock's fund received $17 million compared to $266.5 million on the first day. ๐ค
The outflow of investor funds from Grayscale's ETF continued, amounting to $327 million (down from $484 million the day before).
๐ Due to the price drop ($3,174 at the moment) on exchanges, ETH longs worth approximately $100 million were liquidated in a day.
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
๐ฐ Capital inflow into new spot ETFs based on Ethereum decreased following the trading session on July 24. For example, BlackRock's fund received $17 million compared to $266.5 million on the first day. ๐ค
The outflow of investor funds from Grayscale's ETF continued, amounting to $327 million (down from $484 million the day before).
๐ Due to the price drop ($3,174 at the moment) on exchanges, ETH longs worth approximately $100 million were liquidated in a day.
Please open Telegram to view this post
VIEW IN TELEGRAM
๐4โค1๐ฅฐ1
VanEck predicts #Bitcoin ๐ฐ could hit $2.9 million by 2050 ๐
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
Please open Telegram to view this post
VIEW IN TELEGRAM
NEW: ๐ฐ 7D Bitcoin Hashrate hits NEW ALL TIME HIGH of 661,000,000,000,000,000,000 hashes/s! โก๏ธ
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
Please open Telegram to view this post
VIEW IN TELEGRAM
โค4๐2๐ฅฐ1๐1๐ฑ1๐1
This media is not supported in your browser
VIEW IN TELEGRAM
BREAKING: ๐ฐ $108 billion VanEck CEO says he owns โway over 30%โ of his portfolio in Bitcoin
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
Please open Telegram to view this post
VIEW IN TELEGRAM
๐4โค3๐ฅ1๐ฅฐ1
The U.S. Bitcoin ETF holds 914k BTC worth $62 billion.
Assets under management grew 2.15 times its original size (in U.S. dollars) as of January 11, 2024.
Assets under management grew 1.44 times its original size (in BTC) as of January 11, 2024.
๐ง Crypto Learn Academy |๐ธ News |
๐ Business | Tipsโญ >
Assets under management grew 2.15 times its original size (in U.S. dollars) as of January 11, 2024.
Assets under management grew 1.44 times its original size (in BTC) as of January 11, 2024.
Please open Telegram to view this post
VIEW IN TELEGRAM
๐3โค2๐ฅ1๐ฅฐ1