New to market

According to one of the top campaign officials during a Bloomberg roundtable at the Democratic National Convention (DNC) in Chicago, Democratic presidential candidate Kamala Harris will support policy efforts to encourage the growth of the cryptocurrency industry. This comes after heavy backlash following the DNC’s Platform cryptocurrency snub, and shows how crypto is starting to influence politics on a global scale.
#kamlaharis #CryptoMarketMoves #btcupdates2024 $BTC $ETH $BTC

ETF RECrd of bitcoin #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves $BTC

📌BREAKING : Tether to launch #UAE 🇦🇪dirham-pegged stablecoin, announces plans.#MtGoxRepayments #BinanceLaunchpoolDOGS #usdoller #CryptoMarketMoves

Here's the Analysis of #LTC :

#LTC is been moving from Major Levels to Major Level and currently resting over the Major Support area of $62 - $63. Price kinda forming a bullish candle which might end up being a rejection. Potential buys can come with a small stop below the zone.
#Ltc🔥🔥

The position of the market relative to levels where investors are likely to be under serious financial pressure. The next step is to assess the investor response, by analyzing the magnitude of losses locked in during the event.#BTC☀ #Btctopcrypto #usdoller #usdtstory $BTC $BTC

The sell-off triggered a surge in panic by investors, with around $1.38B in realized losses locked in by market participants. In absolute terms, this is the 13th largest event in history on a USD denominated basis.

25 out of 15 largest hedge funds disclose there #BTC☀ holding #BTCEFTS
#CryptoMarketMoves #BTC☀ #BTC☀ $BTC $ETH $BNB

#BTC☀ surpasses $60,000 and hodls the support zone, by which gave a new breakouts. On H4, we have a breakout and having some sort of liquidity on top, which can be taken out. $BTC $ETH $BNB #PowellAtJacksonHole

Japan’s Metaplanet buys $3.4millon more bitcoin in total 360 #BTC
#CryptoMarketMoves #PowellAtJacksonHole #JapanCrypto

#etherreum #ETH🔥🔥🔥🔥

⚡️Vitalik transferred 400 ETH (worth about $1.06m) to the new address: 0x18...F10E at 12:06 UTC+8 today. Vitalik transferred 1 ETH to 0x18...F10E yesterday, and then deposited 0.998 ETH into the mixer Railgun. Previously, Vitalik said that Railgun can effectively prevent malicious actors and protect user privacy📱
#Vitalik:
#ETHETFsApproved
$ETH

#Polygone $POLYX $MATIC

⚡️💰 Polygon has revealed that the Matic token will be replaced by #POL as its native gas and staking token on September 4
#Polygone #MaticUSDC

Breaking: Diego Oliva, CEO of #StarkNet Foundation, resigns as James Strudwick is named the new Executive Director#RecessionOrDip? #BTCMarketPanic $SOL

📣BREAKING: 🇺🇸 Federal Reserve leaves interest rates unchanged, remains at 5.25% - 5.50%.

💡MtGox: Following repayments on July 5 ,16 and 24, 2024, on July 31, 2024, the Rehabilitation Trustee made repayments in BTC 📱and BCH to some of the rehabilitation creditors through Exchanges. We has now made repayments in BTC and BCH to over 17,000 rehabilitation creditors to date🔔

🔔Ethereum spot ETF had a net outflow of $77.2111 million on July 31, Grayscale ETF ETHE had an outflow of $133 million, Grayscale mini ETF ETH had an inflow of $19.5351 million, and the total net asset value of Ethereum spot ETF was $9.078 billion, accounting for 2.34% of the total market value of Ethereum$BTC $ETH $SOL
#US_Job_Market_Slowdown #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #TrumpSupportsCrypto

#BTC☀ pushed further lower as mentioned and getting support from the trendline. Nothing still as of now, need to wait for the further price action to develop.

This underscores the an equilibrium being established between supply and demand over the past 3-months. We can also see that realized losses have not ticked meaningfully higher thus far, suggesting limited panic, despite the market correcting over -25% from the highs.$BTC $ETH $BNB #US_Job_Market_Slowdown #btcupdates2024

Trump raised $21 million during the 2024 Bitcoin Conference ,A roundtable meeting with Trump costs $844,600 per person, and a photo with him costs at least $60,000.

Trump's campaign has raised a total of $221 million and has a cash reserve of $128 million

Exchange flows indicate investor interest and market liquidity. Since March's ATH, BTC volumes stabilized at ~$1.5B/day. ETH flows show less interest compared to 2021's bull cycle, when ETH flows nearly matched BTC's. This suggests muted speculation in 2024 and aligns with ETH's weaker performance vs. BTC since 2022 lows.#Bitcoin_Coneference_2024
$BTC $ETH $BNB #TrumpInCrypto #TrumpCryptoSupport

#BTC☀ dropped back totally.strong support zone and strongly rejecting. Bullish structure is still in play and so a push is expected.

#BTC☀ Bitcoin spot ETF had a total net inflow of $124 million on July 29, and continued to have net inflow for 4 consecutive days. 🥇Grayscale ETF GBTC had a single-day outflow of $54.2931 million, and BlackRock ETF IBIT had an inflow of $206 million. The total net asset value of Bitcoin spot ETF is $61.732 billion.💰#

💥US Gov moves ~30k BTC ($2B) worth of Bitcoin

🔼The U.S. government currently holds 69,000 bitcoins that once belonged to Silk Road founder Ross Ulbricht and 50,676 bitcoins from Silk Road by Zhong.

📌 💰 BlackRock (IBIT) Daily $BTC inflow +203.6 million yesterday.
#$BTC $SOL #btcupdates2024

Here's the Analysis of #NEAR :

#NEAR is been kept on rejecting from the major resistance area of $6.45 - $6.65 and hodling from the trendline. No sign of bearish and looks mild bullish now, but its better to wait for the price, break above the zone or minor lots can go from here in anticipation of breakout.

Trade with precaution it just my point of view itis not any kind of recommendations to buy or sell its just for a knowledge $NEAR #Bitcoin_Coneference_2024 #Near_usdt

$BTC $ETH $SOL

Donald Trump 2024 Bitcoin Conference Speech Recap:

• On day one I will fire Gary Gensler and appoint a new SEC chairman.

• Create a US Government strategic national Bitcoin stockpile if elected.

• US Government will keep 100% of Bitcoin it owns

• Bitcoin is going to the moon.

• Never sell your Bitcoin

• Bitcoin will one day probably surpass the market cap of Gold.

• I reaffirm my pledge to commute Ross Ulbricht's sentence.

• There will never be a CBDC while I am President of the United States.

• Bitcoin and crypto will skyrocket like never before if elected president.

• Bitcoin is not threatening the dollar, the current U.S. government is threatening the dollar.

• The United States will be the crypto capital of the planet and the Bitcoin superpower of the world.

• Bitcoin stands for freedom, sovereignty, and independence from government coercion and control.

• I pledge to the Bitcoin community that the day I take oath of Office, Joe Biden and Kamala Harris' anti-crypto crusade will be over.

Would think that this news and conference will impact the current market situation
#Bitcoin_Coneference_2024
#BinanceTurns7
#BTC☀

#AirdropGuide #AirdropBinance
An airdrop is a marketing tactic used by cryptocurrency projects to distribute tokens or coins to a wider audience for free. The goal is to increase awareness, build a community, and incentivize user participation.

How Airdrops Work
Token Creation: The project creates a specific number of tokens to be distributed.

Target Audience: The project defines its target audience. This could be holders of specific cryptocurrencies, social media followers, or users of a particular platform.

Distribution Criteria: The project establishes the criteria for receiving the airdrop. This could be as simple as holding a certain amount of a specific cryptocurrency or as complex as completing specific tasks like retweeting, joining a Telegram group, or providing personal information.

Snapshot: At a predetermined time, the project takes a snapshot of the blockchain to identify eligible recipients. This ensures fairness and transparency.

Distribution: The airdropped tokens are then distributed to the eligible addresses. The method of distribution can vary, but it often involves sending the tokens directly to the users' wallets.

Types of Airdrops

Standard Airdrop: The most common type, where tokens are distributed to users based on simple criteria like holding a specific cryptocurrency.

Bounty Airdrop: Users earn tokens by completing tasks like social media promotion, writing articles, or participating in contests.

Holder Airdrop: Rewards are given to holders of a specific cryptocurrency or token.

Hard Fork Airdrop: Occurs when a cryptocurrency undergoes a hard fork, creating a new coin. Existing holders of the original coin receive an equivalent amount of the new coin.
Why Do Projects Conduct Airdrops?

Building a Community: By distributing tokens to a wider audience, projects can foster a sense of ownership and encourage community growth.

Increasing Awareness: Airdrops help spread the word about a new cryptocurrency or project.

Generating Interest: Free tokens can create excitement and attract potential investors.

The current scenario in the market

The Current Landscape
As of now, the Federal Reserve has indicated a pause in interest rate hikes. This has led to a more optimistic sentiment in the financial markets, including cryptocurrencies. Bitcoin, in particular, has shown signs of recovery after a challenging 2022.

However, it's important to note that the economic situation is dynamic. Factors such as inflation, employment rates, and geopolitical events can influence the Fed's future decisions.

Key Factors Affecting Bitcoin's Price:

* Interest Rate Expectations:
Market participants closely watch for any hints about future rate hikes or cuts. A potential rate cut could be bullish for Bitcoin, as it might signal a less restrictive monetary policy.

* Inflation:
High inflation tends to be negative for Bitcoin, as it erodes the purchasing power of fiat currencies and can lead to increased interest rates.

* Economic Growth:
A strong economy generally supports risk assets like Bitcoin, while economic downturns can lead to selling pressure.

* Regulatory Environment:
Clear and favorable regulations can boost investor confidence in Bitcoin, while restrictive policies can have the opposite effect.

* Institutional Adoption:
Increased adoption by institutional investors can provide a solid foundation for Bitcoin's price.

While the current pause in rate hikes is positive for Bitcoin, the cryptocurrency market remains volatile. It's essential to conduct thorough research and consider multiple factors before making investment decisions.
Would you like to discuss any specific concerns or explore potential investment strategies?
I can also provide information on other cryptocurrencies or broader market trends if you're interested.

#Bitcoin_Coneference_2024
#intrestratehike
#positivevibe