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Astro peng
41 mins. ago
🇩🇪 The German government is again transferring 832 #Bitcoin   to various crypto exchanges.

This represents more than $52 million.

https://platform.arkhamint...
Astro peng
42 mins. ago
🚨 Standard Chartered predicts that bitcoin could hit a record high in August followed by a rise to $100 ,000 by the US presidential election in November.

The prediction from Mr Kendrick, head of currency and digital assets research at Standard Chartered Bank, hinges on Joe Biden remaining in the US presidential race.

The Standard Chartered analyst has modeled a "least likely" scenario in which Biden withdraws from the presidential race at the end of July, saying it could send the price of bitcoin falling to between 50,000 and $55 ,000.

https://www.theblock.co/po...
Astro peng
4 hours ago
🚨 Ethereum ETFs will see $500 million in inflows in their first week according to analyst Lennix Lai.

“Although the assets under management of ETH ETFs are not as high as those of Bitcoin ETFs, their trading volumes can reach a similar level.”

https://www.dlnews.com/art.../
Astro peng
4 hours ago
Lately we have had:

🔹 BlackRock, the world's largest asset manager, has started buying #Bitcoin   for three of its funds.

🔹 Morgan Stanley is about to allow its 15,000 brokers to recommend ETFs #Bitcoin   to their clients.

🔹 Major investment banks such as JPMorgan, BNP Paribas and BNY Mellon have started buying Bitcoin.

🔹 A state pension fund invested in #Bitcoin   .

🔹 Whales are massively buying #Bitcoin  

🔹 Former US President Donald Trump recently expressed his support for cryptocurrencies.

🔹 ETFs #Bitcoin   become the best performing ETFs of all time.

🔹 Several public companies acquire #Bitcoin   .

🔹 Michael Dell, founder of Dell Technologies, recently tweeted at #Bitcoin   .

🔹 Microstrategy buys more #Bitcoin   .

🔹 ETFs #Ethereum have been approved and will be available very soon.

🔹 Requests for an ETF #Solana are starting to emerge.

🔹 Sony, the Japanese electronics giant, is preparing to enter the cryptocurrency market by launching an exchange platform with the acquisition of the Amber platform, renamed S.BLOX Co.

👉 After all this, some think that #Bitcoin   will not go higher, that 73k is the ATH, and that the cycle is over. They just fall into the trap of manipulation.

The elites are simply buying up every #Bitcoin   available. With each manipulation, some sell in panic, then they are automatically bought by the elites.
Astro peng
9 hours ago
📊 US spot Bitcoin ETFs recorded net inflows for the fifth consecutive day yesterday ($129.45 million).
Astro peng
9 hours ago
📊 #Bitcoin   and #Ethereum became the most profitable assets in the first half of 2024.

They clearly outperform the Nasdaq, the S&P 500, oil, gold, the US dollar...etc.
Astro peng
9 hours ago
⚠️ A fake application of the Phantom wallet promoted on the iOS AppStore drains users' funds.

Even though the fake app has obvious redflags:
➡️ A slightly different logo
➡️ Published by Meta Voxify (not Phantom Technologies)
➡️ only 1 review and 1 star.
➡️ Listed in the "Education" category as opposed to "Utilities", where the original application exists.
➡️ The application has existed in the store for “17 years” and therefore well before the very existence of Solana and even Bitcoin.

It can happen to anyone to miss out and be fooled...

In addition, the fraudulent application is highlighted thanks to advertising and therefore it appears first during searches...

Be very careful and always check several times before downloading applications related to #crypto .

https://cryptoslate.com/fa.../
Astro peng
9 hours ago
To understand our current monetary system and bitcoin
Astro peng
19 hours ago
🚨 Yesterday, the BlackRock Spot #Bitcoin ETF recorded a trading volume of $1 .1 billion.
Astro peng
1 day ago
We're still in the early days of bitcoin. With all the positive economic announcements around bitcoin, its acceptance as a currency, big whales buying through institutions.

History repeats itself again and again, the rich eat first, the poor eat last. For those here today in crypto, building a great empire while people around you are telling you to stop because it's dangerous, it's going to go 0

Of course, stay unemployed and we'll see who needs help in the not too distant future.
Astro peng
1 day ago
Bitcoin and BullVerse ofc
Astro peng
1 day ago
📈 The #Bitcoin   is expected to increase in July, if it follows past trends.

The month of July is often synonymous with a strong recovery for BTC, with an average gain of 7.42% after a downward trend in June.

The only downside is the reimbursement of Mt Gox, with around $8 .5 billion in BTC.
Astro peng
1 day ago
#Bitcoin   PUMP

Oh daaaamn! Waking up in the green 😂

Well I still didn't IN my Shorts yesterday but if an M appears in M15, I'll throw them twice as hard as expected!

Be careful because a Rupture GAP is powerful!

This is the importance of always waiting for validated patterns 🙏

I wake up calmly and give you the information 👌
Astro peng
2 days ago
📉 Runes transactions on #Bitcoin   are down more than 88%.

BTC miners have earned less than 2 bitcoin from Runes transactions over the last 6 days.

Far from the 884 bitcoins reached on April 24.

https://cointelegraph.com/...
Astro peng
2 days ago
🚨⁠ The number of crypto ATMs installed worldwide increased by 17.8% over the last 12 months to reach 38,279.

It is closing in on its record of 39,541 from December 2022.

The number of crypto ATMs installed in 2024 is 2,564 ATMs.
It is close to the number of ATMs retired in 2023 which is 2,861 ATMs.

More than 82% of the world's crypto ATMs are in the United States 🇺🇸
7.7% is in Canada 🇨🇦

1,584 crypto ATMs in Europe 🇪🇺

Bitcoin Depot, Coinflip and Athena Bitcoin are the leading crypto ATM operators, with 7,543, 5,057 and 2,756 ATMs respectively.

https://cointelegraph.com/...
Bankless
5 days ago
Crypto in 2024: Mid-Year Reflections

4 takeaways 👇

Crypto moves fast – like blink-and-you-missed-it fast.

The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.

Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.

TL;DR Crypto is just getting started; don't get shaken out.

Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇

1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.

In the first half of 2024, crypto broke through to the mainstream with a vengeance.

The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.

And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.

2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.

Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.

The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.

3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.

This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.

Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.

Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.

4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.

The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.

💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.

The bull market must go
Pokemon
5 days ago
Venture Capitalist GSR made a recent report suggesting that solana could be on track to join Bitcoin and Ethereum with its own spot ETF, citing its prominent role in the crypto market alongside the Big Three. #btc #eth #SOL

The impact on $SOL just might be the largest yet.
Astro peng
5 days ago
ETHEREUM

Him, on the other hand, makes me want to LONG so badly!

The location, its resistance against #Bitcoin   and the news concerning a launch of ETH SPOT ETFs at any moment, make me bullish!!

But it's impossible for me to LONG with my negative bias on BTC. So I prefer to wait a little longer.

Many will call me a little pussy and I will respond: "It's impossible to buy the perfect bottom and sell the perfect top."

We have the time !!!!!!!!!!
Astro peng
8 days ago
#Bitcoin  

And here is the MAP of liquidations which shows that the real cluster was not affected.

It is located right below the last lowest of the range, therefore on $56 ,000.

Wait & see.
TreyVon
8 days ago
WBTC (Wrapped Bitcoin) is now officially live on #Solana by Wormhole. This mew development is expanding its utility in the Solana DeFi ecosystem.
Astro peng
8 days ago
🚨 Mt. Gox will distribute Bitcoin and Bitcoin Cash refunds starting July 2024.

“The Rehabilitation Trustee will begin Bitcoin and Bitcoin Cash reimbursements to cryptocurrency exchanges in due course.”

“Refunds will be made from the beginning of July 2024.”

“We have taken the time to ensure safe and reliable repayment to creditors, including technical solutions for secure repayments, compliance with each country's financial regulations and discussions on repayment terms with cryptocurrency exchanges.”
Astro peng
8 days ago
📉 Bitcoin’s double TOP suggests BTC could fall to $45 ,000.
This is what Markus Thielen, founder of 10x Research, suggests.

“Technically, bitcoin appears to be in a double TOP formation as the support level is tested. This chart formation should be our base case unless it is invalidated. This formation could easily lead to a drop to 50 000 dollars, even 45,000 dollars.”
Astro peng
8 days ago
💬 Bitcoin will skyrocket thanks to the collapse of Japanese banks

This is what Arthur Hayes, co-founder of BitMEX, thinks.

He says the Japanese banking system is in deep trouble and the consequences will only drive up the bitcoin and cryptocurrency markets.

“You all know what this means for bitcoin and cryptocurrency… which is why I thought it was necessary to alert readers to another avenue of stealth money printing.”

This month, Japan's fifth-largest bank, Norinchukin, confirmed plans to sell $63 billion in U.S. and European bonds by March 2025.

According to Hayes, this is just the tip of the iceberg, as Japanese banks hold a total of "$850 billion in foreign bonds until 2022", including "nearly $450 billion in 'American bonds'.
Bankless
12 days ago
Is OP_CAT the missing piece for BTC L2s?

This opcode has everyone talking; what does it do?

A beginner's guide 👇

Bitcoin L2s are the talk of the town, but not much of their promise has been realized yet.

What are Bitcoin's builders waiting for?

One significant proposal could help mature the Bitcoin L2 landscape: the reintroduction of OP_CAT. This opcode, which was disabled early in Bitcoin's history, could unlock new capabilities and pave the way for more sophisticated and trustless Bitcoin L2 solutions.

Let's dig into why this opcode could be so transformative for BTC 👇

What is OP_CAT?
Okay, so why is this seemingly random opcode so controversial? OP_CAT, or "Operation Concatenate" is an opcode in Bitcoin's scripting language that allows for the concatenation of two data elements.

Initially proposed by Satoshi Nakamoto, OP_CAT was disabled in 2010 due to security concerns related to its original implementation, specifically potential denial-of-service (DoS) attacks caused by unbounded memory usage.

The introduction of the Taproot upgrade in 2021 has mitigated these original concerns. Taproot enforces a maximum stack element size of 520 bytes, addressing the memory usage issue that led to OP_CAT's deactivation. With this security improvement and resurgent Bitcoin development interest, thanks to Ordinals and Runes, a movement to reintroduce OP_CAT to enhance Bitcoin's scripting capabilities is gaining steam, aiming to put more complex transaction capabilities in reach.

Are Covenants and Smart Contracts Different?
One reason why OP_CAT is so compelling is because it can actualize covenants, i.e. spending conditions, on Bitcoin. Covenants and smart contracts are both mechanisms for controlling the flow of funds in a blockchain network, but they operate in distinct ways.

Covenants:
Purpose: Restrict how funds can be spent in future transactions.
Functionality: Implement specific spending constraints, such as limiting addresses or setting conditions on fund transfers.
Complexity: Generally involves simpler, deterministic logic without loops or complex computations.
Implementation: Can be implemented using Bitcoin Script with enhancements like OP_CAT.

Smart Contracts:
Purpose: Automate a wide range of processes and transactions.
Functionality: Handle complex tasks such as decentralized exchanges, token issuance, and multi-party agreements.
Complexity: Support complex conditional logic, including loops and intricate computations.
Implementation: Commonly implemented on platforms like Ethereum using high-level programming languages.

Why Does OP_CAT Matter for Bitcoin L2s?
OP_CAT would prove crucial for advancing Bitcoin L2 solutions because it enhances the scripting capabilities needed for more complex and trustless Bitcoin infra. First, OP_CAT allows for covenants, enabling the construction of more complex scripts. This is essential for creating advanced transaction conditions and functionalities required for L2 solutions.

Additionally, if OP_CAT is activated, projects like StarkWareLtdare on standby to develop atop it. StarkWare has plans to leverage OP_CAT for bringing zero-knowledge (ZK) scaling to #Bitcoin to enable advanced financial instruments and apps on the network. StarkWare’s involvement here underscores the broader ecosystem's readiness to capitalize on the enhanced capabilities that OP_CAT would introduce.

As such, as the community continues to explore and test the possibilities around this proposal, the future of Bitcoin L2s looks promising and ripe with potential. At this point, reactivating OP_CAT seems like a matter of when not if!

Written by
WPeaster
Astro peng
15 days ago
#Bitcoin  

The $65 ,000 represents both the next target but above all the last rampart before an acceleration towards the big support of the H4 range! 🚨

As you can see on the OrderBook, it is still very solid in terms of limit purchase orders so not easy to break through. But if the bears manage to get through, it's empty up to $60 ,000 so watch out for the descent into hell.

Set alerts, prepare yourself and above all keep a solid mindset like the other returns at the bottom of the range. Don't worry, we'll go for $100 ,000 but not tomorrow haha.
Astro peng
17 days ago
🗣️ Donald Trump declares that he will “end Joe Biden's war on cryptocurrencies and ensure that the future of crypto and #Bitcoin   is made in America. »
Faith
19 days ago
DID YOU KNOW

Zeus Network provides a communication layer for bridging Bitcoin and Solana, allowing Bitcoin users with Ordinals and Runes to access DeFi opportunities on Solana.

$ZEUS , the native token for the Zeus Network, was launched via the Jupiter Launchpad, with 3% of its total supply allocated as airdrops to its community
Astro peng
19 days ago
🐋 Bitcoin whales accumulate $1 .4 billion in BTC dollars in 24 hours on June 11, accumulating a total of 20,600 #Bitcoin .

This happens when the offer of Bitcoin on exchanges has fallen to its lowest level since December 2021.
Bankless
20 days ago
Trump believes domestic Bitcoin mining will help the U.S. achieve energy dominance. Early Tuesday, Trump met with execs from Nasdaq-listed bitcoin mining firms CleanSpark_Inc and RiotPlatforms, highlighting miners' role in stabilizing the grid.
Faith
21 days ago
21.co, the parent company of 21Shares a crypto service provider, launched 21BTC, a native Bitcoin asset on the Solana blockchain

This wrapped token is 100% backed by Bitcoin (BTC), with reserves held by a third-party custodian on a 1:1 basis. According to 21.co, 21BTC on Solana offers:

•Better security without the Lock-And-Mint technology

•100 percent physically collateralization

•Deep liquidity and

• Operational excellence.

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