dreamers

@dreamers

65 Following

66 Followers

dreamers pfp

In a significant development, Federal Reserve Governor Christopher Waller has backed a potential interest rate cut at the upcoming September meeting. As it seems, the markets remain in a holding pattern, with investors anxiously awaiting the potential impact on digital assets.

0 reply

0 recast

21 reactions

dreamers pfp

As the price of Bitcoin falls below the 200-day EMA, which has long been a crucial support level for the asset, the market is currently entering a bearish phase. As seen on the provided chart, the current trend indicates that BTC is moving within a clearly defined descending price channel.

0 reply

0 recast

14 reactions

dreamers pfp

Well-known financial expert and investor Peter Schiff has once again taken aim at Bitcoin ETFs, saying that their recent performance shows that the hype surrounding them is misguided.

0 reply

1 recast

20 reactions

dreamers pfp

There are Bitcoin bulls, and then there is Michael Saylor. The head of MicroStrategy, known for his radically bullish views on the first cryptocurrency, broke another post on social media.

0 reply

0 recast

13 reactions

dreamers pfp

The 2024 Polkadot Hackathon is nearing its conclusion as 25 projects have advanced to the final stage of the Singapore round. The event, which started on July 11, will host its Demo Day in Singapore on September 17 and in Bangkok on November 16. A total of 279 developers took part, forming 69 teams, with 34 projects submitted for preliminary review.

0 reply

0 recast

39 reactions

dreamers pfp

According to on-chain data provider Lookonchain, a whale or institution has deposited 2,364 Bitcoin (BTC) worth nearly $140 million to one of the world's largest cryptocurrency exchanges, Binance. This massive move, occurring hours ago, has sparked speculation in the cryptocurrency market.

0 reply

0 recast

26 reactions

dreamers pfp

On-chain data has brought to light an intriguing development on the Bitcoin market. In the last 48 hours, a whopping 40,000 BTC has exited crypto exchanges. The timing of this significant outflow aligns with a period of Bitcoin's lackluster price activity, indicating that major market players might be viewing the current price levels as a buying opportunity.

0 reply

0 recast

22 reactions

dreamers pfp

One of the most well-known institutional investors in Bitcoin is MicroStrategy. But even for seasoned investors, timing the market can be difficult, as seen by their most recent Bitcoin purchase, which is currently showing red. At present, MicroStrategy's August 2024 acquisition of 8,169 Bitcoin at an average price of $67,455 per Bitcoin is indicating a loss of roughly $1.3 million, signifying an 11.61% decline in value. Given that MicroStrategy's Bitcoin holdings have typically produced profits over the long run, this underperformance is noteworthy. With an all-time return of about 61.45% or $5.1 billion, the company has amassed a total of over 811,000 BTC.

0 reply

0 recast

21 reactions

dreamers pfp

U.Today presents the top three new stories over the past day. Satoshi to lose Bitcoin crown by Halloween Eric Balchunas, senior ETF analyst at Bloomberg, has recently shared a list of the world's top 11 Bitcoin holders on his X page. According to the list, U.S. spot Bitcoin ETFs combined (excluding Grayscale) are about to catch up with Satoshi Nakamoto in terms of Bitcoin holdings, having 921,540 BTC; in comparison, Nakamoto's supply totals 1.1 million BTC. Thus, U.S. spot Bitcoin ETFs now have close to 84% of the Bitcoin that Satoshi has. Balchunas believes that he might lose his status as the largest holder of the flagship crypto by Halloween. The second spot on the list after the Bitcoin creator is occupied by the Binance exchange, and the third by BlackRock (NYSE:BLK) (IBIT).

0 reply

0 recast

22 reactions

dreamers pfp

Ethereum was trading at $2,396.95 by 18:16 (22:16 GMT) on the Investing.com Index on Tuesday, down 10.75% on the day. It was the largest one-day percentage loss since November 9, 2022. The move downwards pushed Ethereum's market cap down to $299.58B, or 14.18% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.

0 reply

0 recast

25 reactions

dreamers pfp

On- and off-chain metrics within the cryptocurrency market remain subdued, analysts at Citi Securities said in a recent report. The analysis points to several key factors that indicate a cooling interest in the sector, with diminished search trends, declining network engagement, and low futures funding rates as central themes.

1 reply

0 recast

23 reactions

dreamers pfp

Pavel Durov, a 39-year-old entrepreneur known for creating the instant messaging service Telegram, was arrested Saturday night at Le Bourget airport. According to the charges, which include terrorism, drugs, complicity, fraud, money laundering, he faces up to 20 years in prison.

0 reply

0 recast

12 reactions

dreamers pfp

Bitcoin and other major cryptocurrencies bounced back on Friday, reversing earlier losses after Federal Reserve Chairman Jerome Powell set the stage for the central bank to start cutting interest rates in September. Speaking at the high-profile annual gathering of global central bankers in Jackson Hole, Wyoming, Powell said that he feels more confident about getting inflation under control after it peaked at a four-decade high in 2022.

0 reply

0 recast

14 reactions

dreamers pfp

According to on-chain data, a long-dormant Bitcoin wallet has been reactivated after 11.4 years. Crypto data tracker Whale Alert stated, "A dormant address containing 54 BTC ($3,274,741) has just been activated after 11.4 years (worth $10,174 in 2013)."

0 reply

0 recast

36 reactions

dreamers pfp

As of right now, Bitcoin is forming a bullish technical pattern known as the cup and handle, which has historically been a sign of major price increases. Bitcoin might be about to see a huge surge that could push its price well over $100,000 if this pattern holds true.

2 replies

0 recast

64 reactions

dreamers pfp

Michael Saylor, cofounder and chairman of MicroStrategy, has made a statement alluding to Bitcoin that has resonated with the crypto community. In a tweet, Saylor wrote, "Imagine everything, divided by 21 million," accompanied by a GIF image in commemoration of Bitcoin Infinity Day, which is held on Aug. 21.

0 reply

0 recast

21 reactions

dreamers pfp

According to on-chain data, a long-dormant Bitcoin wallet has returned to life, boasting an impressive 8,844% gain. The wallet had been inactive for a staggering 10.7 years, thus, its sudden activation drew attention from the cryptocurrency community.

0 reply

0 recast

24 reactions

dreamers pfp

INFINIT, the first-of-its-kind DeFi abstraction layer, today announces that it will soon open dApp creation to all, allowing anyone to build and customize DeFi applications in a matter of minutes. INFINIT is a DeFi infrastructure that abstracts away complexities to launch and scale decentralized finance applications across any integrated chain. Like pump.fun before it, INFINIT enables anyone to enter the arena and build their own financial dApps.

0 reply

1 recast

42 reactions

dreamers pfp

Token Generation Event (TGE) will soon offer a revenue sharing mechanismPichi Finance, a trustless points trading protocol offering price discovery to tokens Pre and Post-TGE, has announced the launch of its utility token, PCH, on Gate.io and MEXC and is available for trading from August 19, 2024, 16:30 UTC. This Token Generation Event and CEX listing follows the conclusion of the token’s public sale on Dao Maker.

0 reply

1 recast

29 reactions

dreamers pfp

As the cryptocurrency market faces uncertainty, Michael Saylor, chairman and cofounder of MicroStrategy, has issued a Bitcoin message expressing his belief in the crypto asset. In a tweet, Saylor declared, "Bitcoin is the Future," signaling his continued confidence in Bitcoin's long-term potential despite short-term price swings.

0 reply

0 recast

16 reactions