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Analyst Identifies Bitcoin Liquidity Pools You Should Be Aware Of Going Into July

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Crypto analyst Zen has released a critical assessment of different scenarios to expect for the Bitcoin price in July. Bitcoin’s price performance in June has undoubtedly left many investors disappointed . This is because the cryptocurrency virtually traded on a decline throughout the month, even falling below $60,000 at some point. While the unfavorable price continues to play out, crypto analyst Zen has flagged some major liquidity pools that could determine Bitcoin’s outcome in July and the next few months in autumn. Analyst Highlights Potential Bitcoin Liquidity Pools As mentioned earlier, the recent price decline saw Bitcoin break below $60,000 earlier in the week. Notably, Zen observed that this breakdown represented cleared liquidity under $60,630, which goes along with a former price Analysis . Although Bitcoin has since recovered and returned above $60,600, Zen noted that the liquidity clearance suggests there’s still a further risk of Bitcoin falling back
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TARS AI Price Prediction: TAI Soars 39% After VanEck Files For First Solana ETF, And The WAI AI Meme Coin Presale Goes Parabolic

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The TARS AI price soared 39% in the last 24 hours to trade at $0.011 as of 03:53 a.m. EST on trading volume that dropped 164% to $1.3 million. This comes after VanEck became the first fund manager to apply to launch a spot Solana ETF (exchange-traded fund) as it aims to widen investors’ cryptocurrency options. I am excited to announce that VanEck just filed for the FIRST Solana exchange-traded fund (ETF) in the US. Some thoughts on why we believe SOL is a commodity are below. Why did we file for it? A competitor to Ethereum, Solana is open-source blockchain software designed to… pic.twitter.com/XwwPy8BXV2 — matthew sigel, recovering CFA (@matthew_sigel) June 27, 2024 After the news, major tokens in the Solana blockchain soared along with the network’s native token, SOL. TARS AI, being an AI-driven scalable Web3 modular infrastructure platform on the Solana blockchain, was among the big winners, soaring at one point yesterday from the $0.13 support level to $0.22 resistance le
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CleanSpark acquires Bitcoin miner GRIID for $155 million

CleanSpark announced on June 27 that it had acquired GRIID Infrastructure, a US-based Bitcoin miner for $155 million. The company expects the all-stock deal to close in Q3, 2024 subject to GRIID shareholder approval and other customary requirements. Bitcoin miner CleanSpark announced today that it has entered an agreement to acquire GRIID Infrastructure in an all-stock transaction valued at $155 million . According to a press release the merger agreement also saw the two Bitcoin mining companies seal an exclusive hosting agreement for all of GRIID’s currently available power. 20 MW of this power will immediately be allocated to CleanSpark. “We are looking forward to welcoming the GRIID team into the CleanSpark family and we are excited to apply the CleanSpark way, carefully honed alongside the communities we operate in Georgia and Mississippi, to GRIID’s impressive pipeline in Tennessee,” CleanSpark CEO Zach Bradford said in a statement. CleanSpark eyes 4
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Solana Trading Plunges 93% In 24 Hours: Where Did The $100 Billion Go?

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Solana has been thrown into a tailspin after a shocking revelation: its daily stablecoin volume may have been significantly inflated. Reports indicate a staggering drop – from a dizzying $75-100 billion to a mere $7 billion in a 24-hour period. This dramatic shift has unsettled the crypto community, raising serious questions about the legitimacy of Solana’s past performance and its future as a DeFi powerhouse. Related Reading Can Terra Classic Rise From The Ashes? Analyst Foresees 1,500% Price Increase 21 hours ago Wash Away The Hype: Inflated Figures Or Fabricated Reality? Market sentinels are pointing fingers at wash trading, a manipulative practice where investors essentially buy and sell crypto back and forth to each other, creating an illusion of high activity. This tactic inflates trading volumes, potentially misleading investors a
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Popcat Price Prediction: POPCAT Is Top Weekly Meme Coin Gainer With 68% Surge As The WienerAI ICO Closes On $6.5 Million

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The Popcat price surged 68% in the past week and 9% in the last 24 hours to trade at $0.4745 as of 7:20 a.m. EST on an 11% drop in trading volume to $74 million. The latest pump helped the token become the top weekly gainer among the biggest 100 meme coins by market capitalization, according to data from CoinMarketCap. Popcat Price Price Breaks Above the Bearish channel After falling from the $0.7254 resistance level, the Popcat price is rebounding. Bulls have found strong support at $0.2371, pushing the price back above the bearish channel at the $0.5480 resistance zone. Despite a minor setback, the bulls are showing resilience, driving the price up to $0.4828, indicating ongoing upward movement. POPCATUSD Analysis (Source: Dextools.io) The daily technical indicators paint a bullish picture for POPCAT. The price trades above the 50-day simple moving averages, suggesting a potential upward course and reinforcing positive market sentiment.  The MACD is also bullish belo
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NFTs in DeFi: Integration of Non-Fungible Tokens and Decentralized Finance

NFTs in DeFi: Integration of Non-Fungible Tokens and Decentralized Finance. The integration of Non-Fungible Tokens (NFTs) and Decentralized Finance (DeFi) is revolutionizing the financial landscape, offering new opportunities for innovation and investment. NFTs, unique digital assets verified on blockchain technology, are no longer just collectibles but are finding utility in the DeFi ecosystem, enhancing liquidity, creating novel financial instruments, and driving the future of decentralized finance. NFTs in the DeFi Ecosystem Collateralization One of the primary uses of NFTs in DeFi is collateralization. Users can leverage their valuable NFTs as collateral to secure loans. Platforms like NFTfi and Arcade facilitate this, enabling NFT holders to unlock liquidity without selling their assets. This creates a new layer of financial services, combining the uniqueness of NFTs with the liquidity of DeFi. Yield Farming and Staking NFTs are also being used in yield farming and staking . Pro
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How crypto helped set Julian Assange free

WikiLeaks co-founder Julian Assange has been freed from a UK prison after striking a plea deal with the US that allows him to return to his native Australia on the condition that he pleads guilty to one count of espionage.  Assange spent five years in prison and seven years in Ecuador’s London embassy while fighting against his extradition to the US. He faced 18 espionage charges over the leaking of confidential military data, records from the Iraq and Afghanistan wars, and US diplomatic cables. Assange flew to Bangkok on Tuesday and, after a short stopover, will proceed to Saipan in the Northern Mariana Islands where he will appear before a US Federal Court. There, he will plead guilty to conspiring to obtain and disclose classified US national defense documents. It’s reported that he can expect to face no extra jail time due to the five years he’s already spent in prison Julian is free!!!! Words cannot express our immense gratitude to YOU- yes YOU, who have all mobilised for
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Hermetic Labs to offer blockchain consulting services

Hermetic Labs, a consulting company specializing in blockchain technology, has announced its launch under the leadership of Milana Valmont, as per the latest updates shared with Finbold on June 24.  Focusing on blockchain consulting solutions, the company aims to bring cryptocurrencies to the mainstream through education and advisory services. Bringing blockchain to the mainstream Hermetic Labs will provide clients with the knowledge and tools necessary to leverage blockchain technology effectively.  Picks for you How much is Massachusetts senator Ed Markey worth; Ed Markey's net worth revealed 24 mins ago Here’s why Bitcoin price is crashing 1 hour ago
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Investors Stack Sealana Tokens As The Viral Meme Coin Presale Edges To A Close

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Sealana ($SEAL) has emerged as the latest viral meme coin, seeing substantial hype and FOMO as its presale draws to an end. The Sealana presale has already raised over $5 million in just over a month, a significant sign of its high upside potential. However, the ICO is scheduled to end on June 25th at 6 PM UTC, leaving investors with just two days to maximize their SEAL holdings before its highly-anticipated launch. What Is Sealana And Why Is It In The Spotlight? Sealana is a comical, seal-themed, Solana meme coin that has been in significant demand from both whales and retailers alike. Ditching the tired dogs and cats themes, Sealana’s mascot is a chubby, patriotic seal. Smart money traders are never hesitant to buy meme coins that can make them laugh and Sealana is doing just that. A proud redneck, Sealana is not afraid
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Notcoin Price Prediction: NOT Tops Weekly Losers With A 23% Slump As This P2E DOGE Derivative Rockets Towards $5 Million

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The Notcoin price has slumped 23% over the past week and almost 2% in the last 24 hours to trade at $0.01411 as of 5:30 p.m. EST on a 16% plunge i n trading volume. The slump made NOT the biggest loser in the past week among the biggest 100 cryptos by market capitalization, according to Crypto Bubbles.  Notcoin Price Signals A Reversal Above The Wedge  Notcoin (NOT) has been declining since Thursday, with prices continuing to drop into the weekend. According to data from GeckoTerminal , the resistance point at $0.02627 has enabled the bears to drive the price down in a corrective phase.  This has resulted in a tug-of-war between buyers and sellers, forming a falling wedge pattern. Traders often see this pattern as a potential signal for a bullish reversal trend. Despite the plunge, the bulls seem resilient, stopping the bears from further profiting and pausing a strong support level along the lower trendline of the wedge. If the bulls continue the upward momentum from this suppor
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Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, Here’s When

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Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge.  Bernstein Analysts Raise Bitcoin Target To $200,000 In a note to clients, Bernstein analysts, Gautam Chhugani and Mahika Sapra predicted that Bitcoin could reach $200,000 by the end of 2025. This new price target comes after analysts foresaw BTC hitting $150,000 earlier in May. At the time, the analysts disclosed that they anticipated about $70 billion in inflows from Spot Bitcoin ETFs between 2024 and 2025. Related Reading Here’s Why The Worldcoin (WLD) Price Surged Over 15% In One Day To Reach $3 9 hours ago Presently, the analysts have solidified their predictions , reiterating that Spot Bitcoin ETFs would be the trigger driving Bitcoin’s p
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Bitcoin set for 70% upside as BTC forms bullish giant cup and handle pattern

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As Bitcoin (BTC) navigates a bearish environment, technical Analysis has identified chart formations that could signal upside potential. In an analysis posted on TradingView on June 21 by crypto trading expert TradingShot , Bitcoin’s one-week time frame chart reveals a giant cup and handle (C&H) pattern, which began forming at the peak of the previous bull cycle. It’s worth noting that the cup and handle pattern, a bullish continuation signal, indicates potential price increases. However, according to the analyst, it is often overlooked by traders focused on short-term movements. Bitcoin’s chart shows it in the handle phase, forming a channel down. Picks for you Will Cardano shorting activity serve as 'rocket fuel' for an explosive rally? 44 seconds ago
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