Top 15 Blockchains by DEX Volumes in August:
- Ethereum - $52.6B
- Solana - $42.1B
- Arbitrum - $22.3B
- BNB Chain - $20.6B
- Base - $16.7B
- Polygon - $3.9B
- Tron - $3.2B
- Avalanche - $2.79B
- Optimism - $2.38B
- Ton - $1.47B
- Aptos - $1.4B
- Sui - $1.36B
- Mantle - $1.14B
- Blast - $1.14B
- Linea - $1.01B
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- Ethereum - $52.6B
- Solana - $42.1B
- Arbitrum - $22.3B
- BNB Chain - $20.6B
- Base - $16.7B
- Polygon - $3.9B
- Tron - $3.2B
- Avalanche - $2.79B
- Optimism - $2.38B
- Ton - $1.47B
- Aptos - $1.4B
- Sui - $1.36B
- Mantle - $1.14B
- Blast - $1.14B
- Linea - $1.01B
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Mark Yusko suggests Bitcoin ETFs allow Wall Street to control prices, with institutions like BlackRock using short trades to buy Bitcoin cheaper.
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Bitcoin fell from $57K to $53K after a U.S. jobs report, losing 4% in 24 hours. Other major cryptocurrencies also dropped, with over $100 million in leveraged positions liquidated.
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The UK FCA rejected 90% of crypto company applications last year due to weak AML controls. New advertising rules are in place, and CB Payments was fined ยฃ3.5 million for AML issues.
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Charles Hoskinson, founder of Cardano, rejected a proposal to burn 1.5 billion ADA (worth $500M), suggesting the funds be used for project development instead.
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Both cryptocurrencies and stocks can be used by investors to build wealth. Yet, investing in stocks is different from investing in crypto.
Unlike stocks, investment in crypto doesnโt come with ownership of a share of a company. Crypto investors also donโt receive dividends in the traditional sense. Instead, one can lend or stake their crypto tokens for passive income.
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Ripple (XRP) rose 6% to $0.57 after Grayscale announced a new investment fund for it, making it the top gainer among major cryptocurrencies today.
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Bitcoin's 'ticking time bomb' could push the price to $150K by 2025! ๐ฃ
๐ Technical indicators point to a potential explosive Bitcoin price movement, targeting the $100,000-$150,000 range by early 2025.
โ๏ธ A "cup and handle" pattern, known for signaling bullish continuation, has been forming since late 2021. The cup's bottom around $15,000 and resistance near $65,000 suggest a breakout could lead to a $110,000-$130,000 price range. ๐
๐ Additionally, low volatility signals from Bollinger Bands and oversold conditions on RSI indicators further support the idea of a coming rally. ๐
Bitcoinโs tightening price action, combined with increased global liquidity, hints at a significant price surge as early as late 2024 or early 2025. ๐
๐ Technical indicators point to a potential explosive Bitcoin price movement, targeting the $100,000-$150,000 range by early 2025.
โ๏ธ A "cup and handle" pattern, known for signaling bullish continuation, has been forming since late 2021. The cup's bottom around $15,000 and resistance near $65,000 suggest a breakout could lead to a $110,000-$130,000 price range. ๐
๐ Additionally, low volatility signals from Bollinger Bands and oversold conditions on RSI indicators further support the idea of a coming rally. ๐
Bitcoinโs tightening price action, combined with increased global liquidity, hints at a significant price surge as early as late 2024 or early 2025. ๐
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II ISN'T BINANCE SUPPORTED IT IS BINANCE'S MINIAPP
แแแแแญ๐ https://t.me/Binance_Moonbix_bot/start?startApp=ref_391856983&startapp=ref_391856983&utm_medium=web_share_copy
(แฅแแฎแนแ แจแแซแน point แญแแแณแ
NB: แฅแตแแน แฒแซแแ แ แจ4 แฐแแแ แฅแจแแฃแน แฐแซแแฑ!
II ISN'T BINANCE SUPPORTED IT IS BINANCE'S MINIAPP
แแแแแญ๐ https://t.me/Binance_Moonbix_bot/start?startApp=ref_391856983&startapp=ref_391856983&utm_medium=web_share_copy
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In Q2 2024, Tether's reserves reached $118.4 billion, surpassing its liabilities by $5.3 billion. ๐ฐ
With $97.6 billion in U.S. Treasury bonds, Tether is now the 18th largest holder worldwide, ahead of countries like Germany, the UAE, and Australia. ๐ง
Over its history, Tether has frozen around 1,850 wallets, successfully recovering more than $113 million in stolen assets. ๐ฅถ
With $97.6 billion in U.S. Treasury bonds, Tether is now the 18th largest holder worldwide, ahead of countries like Germany, the UAE, and Australia. ๐ง
Over its history, Tether has frozen around 1,850 wallets, successfully recovering more than $113 million in stolen assets. ๐ฅถ
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Bitcoin's 'ticking time bomb' could push the price to $150K by 2025! ๐ฃ
๐ Technical indicators point to a potential explosive Bitcoin price movement, targeting the $100,000-$150,000 range by early 2025.
โ๏ธ A "cup and handle" pattern, known for signaling bullish continuation, has been forming since late 2021. The cup's bottom around $15,000 and resistance near $65,000 suggest a breakout could lead to a $110,000-$130,000 price range. ๐
๐ Additionally, low volatility signals from Bollinger Bands and oversold conditions on RSI indicators further support the idea of a coming rally. ๐
Bitcoinโs tightening price action, combined with increased global liquidity, hints at a significant price surge as early as late 2024 or early 2025. ๐
๐ Technical indicators point to a potential explosive Bitcoin price movement, targeting the $100,000-$150,000 range by early 2025.
โ๏ธ A "cup and handle" pattern, known for signaling bullish continuation, has been forming since late 2021. The cup's bottom around $15,000 and resistance near $65,000 suggest a breakout could lead to a $110,000-$130,000 price range. ๐
๐ Additionally, low volatility signals from Bollinger Bands and oversold conditions on RSI indicators further support the idea of a coming rally. ๐
Bitcoinโs tightening price action, combined with increased global liquidity, hints at a significant price surge as early as late 2024 or early 2025. ๐
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WalletConnect is airdropping 185 million WCT tokens on Optimism. Tokens will be locked until 2025, focusing on network stability. Eligibility includes active use of WalletConnect or open-source contributions.
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BTC ETF vs. Gold ETF ๐ง
Eric Balchunas compared the inflow into BTC ETFs with Gold ETFs, highlighting that these assets are often used for diversification.
In just 9 months, BTC ETFs have attracted $17.7 billion, representing 5% of BTC's market capitalization.
In comparison, Gold ETFs account for only 1% of gold's market cap. ๐
Gold took 22 years to reach this level, while BTC achieved it in just 9 months. ๐
But let's be realโgold has a much bigger market cap. For now ๐.
Eric Balchunas compared the inflow into BTC ETFs with Gold ETFs, highlighting that these assets are often used for diversification.
In just 9 months, BTC ETFs have attracted $17.7 billion, representing 5% of BTC's market capitalization.
In comparison, Gold ETFs account for only 1% of gold's market cap. ๐
Gold took 22 years to reach this level, while BTC achieved it in just 9 months. ๐
But let's be realโgold has a much bigger market cap. For now ๐.
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