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@nothing96

100 Following
26 Followers
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@nothing96
In July, Raydium, pump.fun, and Jito became the top three protocols in terms of fee revenue in the Solana ecosystem. Explore more key information on #SoSoValue & @SoSoValueCrypto: https://m.sosovalue.com/cluster/1819260781745213442?inviteCode=065421F8 #BTC #ETH
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@nothing96
Tether Holdings Limited released its 2024 Q2 audit report, achieving a record net profit of $5.2 billion in the first half of 2024 and a net operating profit of $1.3 billion in Q2. Tether's U.S. Treasury holdings reached $97.6 billion, ranking 18th among the world's U.S. debt holders.
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@nothing96
Spot Ethereum ETFs experienced a positive shift with a $34 million inflow on July 30, marking the first time since their launch that daily flows have turned positive. This change comes after a period of sign
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@nothing96
The United States government now holds $12 billion in Bitcoin, following new legislation introduced by pro-crypto Senator Cynthia Lummis. This strategic Bitcoin reserve aims to bolster the country's financial assets.
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@nothing96
The latest data suggests that Ethereum [ETH] and BNB might soon start bull rallies despite recent poor performances. Last week, both cryptocurrencies experienced price drops, with ETH falling by 7% and BNB by over 2%. However, a new analysis indicates a potential trend reversal, highlighted by a tweet from crypto analyst Moustache, who noted a textbook cup & handle pattern forming over the years. This pattern suggests an impending bull rally for these altcoins. AMBCrypto's analysis further explored the current state of these coins, noting mixed signals in the derivatives market and technical indicators. While the derivatives market showed optimism, technical indicators like MACD and RSI for both ETH and BNB displayed bearish trends, suggesting that a rally might not be immediate.
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@nothing96
Cantor Fitzgerald, a prominent Wall Street firm, is set to launch a new business focused on Bitcoin financing and lending. This move highlights the increasing interest and integration of cryptocurrencies within traditional financial sectors.
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@nothing96
Michael Saylor, the Executive Chairman of MicroStrategy, predicted at Bitcoin 2024 that Bitcoin will account for 7% of global wealth and its price could surge to $13 million within the next 21 years.
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@nothing96
According to financemagnates, HSBC Australia stated: "From 24 July 2024, HSBC will block payments from bank accounts and credit cards that we reasonably believe are being made to cryptocurrency exchanges, for your protection." HSBC is a top 10 bank globally but is a smaller player in the Australian market.
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@nothing96
Kamala Harris's emergence as the Democratic nominee for the 2024 presidential race has sparked interest in her potential crypto policies, especially after Mark Cuban revealed that Harris's advisors have been in contact with him about a possible shift in stance. Despite President Joe Biden stepping down from the race, the crypto community remains largely unaffected, though Harris's softened stance could signal a more business-friendly approach towards cryptocurrency and artificial technology. Meanwhile, Donald Trump continues to lead in election polls, but Harris's engagement with the crypto industry and her rising odds in prediction markets show a dynamic shift in the political landscape.
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@nothing96
Investors traded over $1 billion worth of shares of the newly launched ether exchange-traded fund (ETF) on its first day, according to Bloomberg data.
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@nothing96
Powered by ChatGPT Donald Trump Considers BlackRock CEO Larry Fink for Treasury Secretary Role
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@nothing96
Although I don't understand politics and macroeconomics, I feel that Trump appointing Larry Fink as the Treasury Secretary may be an unexpected major positive? After all, Larry is an ETF and major advocate. Trending
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@nothing96
JPMorgan analysts predict that any rebound in cryptocurrency prices will be temporary and strategic, rather than marking the beginning of a sustained upward trend. They highlight that Bitcoin's current price of approximately $67,500 is significantly higher than its production cost of about $43,000 and its volatility-adjusted comparison to gold, which stands at around $53,000. The analysts suggest that the price difference indicates a potential for mean reversion, limiting Bitcoin's long-term price growth. They also note that recent liquidations have weakened Bitcoin futures, but expect improvements from August as these liquidations subside. Additionally, they discuss the potential impact of a second Trump presidency on Bitcoin and gold, noting that Trump's policies might favor crypto regulations and lead to increased gold investments by emerging market central banks.
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@nothing96
A wallet belonging to ether.fi transferred 800 thousand ETHFI to Binance and still holds 7.94 million ETHFI.
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@nothing96
As the U.S. political scene intensifies, prominent figures in the cryptocurrency industry, including Ethereum co-founder Vitalik Buterin and Ripple CEO Brad Garlinghouse, have voiced concerns over the increasing politicization of cryptocurrency. Buterin warned against supporting politicians solely based on their pro-crypto stance, emphasizing that such a narrow focus contradicts the broader principles of the cryptocurrency movement. Meanwhile, Garlinghouse criticized the growing political divide, urging both political parties to adopt a more unified approach to cryptocurrency regulation. The 2024 U.S. presidential race sees former President Donald Trump positioning himself as a pro-crypto candidate, despite his previous criticisms of the sector. This shift has sparked both support and skepticism within the crypto community.
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@nothing96
Liquidswap will launch tokens on July 30th, with 15% allocated for airdrops and staking rewards.
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BTC spot ETF total net inflow was $422.67M yesterday, marking a 8 days of consistent inflow.
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@nothing96
BTC spot ETF total net inflow was $301.04M yesterday, marking a 7 days of consistent inflow
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@nothing96
Solana's transactions per second (TPS) have once again surpassed the 1,000 mark, reaching 1,005 TPS, showcasing the blockchain's efficiency and speed. This milestone coincides with a bullish trend in Solana's market price, which has seen a recent increase of over 3% in 24 hours, trading at $139.89 with a market capitalization of $64 billion. Despite this, some indicators suggest caution, such as a drop in trading volume and bearish sentiment in weighted analyses. Technical indicators like the RSI, CMF, and MACD remain positive, suggesting potential for further gains. However, challenges remain as daily active addresses and blockchain revenue have not shown significant growth.
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@nothing96
meme coins bounce back shiba inu leads market surge with 6% gain
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