Crypto whale with 100% win rate purchases this morning
The whale, which has managed to buy low and sell high Ether 7 times in the last 3 years and made a total profit of $38 million, bought again early this morning. The whale bought 4000 ETH.
The whale, which has managed to buy low and sell high Ether 7 times in the last 3 years and made a total profit of $38 million, bought again early this morning. The whale bought 4000 ETH.
Genesis, the crypto loan company that went bankrupt at the very beginning of 2023, sent more than $100 million worth of ETH to 2 separate addresses early this morning.
Willy Woo, known for his price analyses on X, especially on Bitcoin price, stated that Bitcoin could reach a level between $700,000 and millions of dollars in the coming periods. Stating that it is important for this, especially how much asset management companies make / will make an allocation for BTC, Woo said that comparisons with fiat currencies will end one day.
Yusuf Dikeç, who won the silver medal in the 10-metre air pistol mixed team competition at the Olympic Games held in Paris, has become the global topic. Cryptocurrency investors also did not waste time and issued meme coins on the name of Dikeç.
RIOT Platforms, one of the most important Bitcoin mining companies in the US and the world, announced losses again in the second quarter of 2024, while the number of BTC mined also decreased. RIOT also did not give up its stubborn strategy of buying Bitfarms. The company bought another $10 million worth of RIOT shares in July alone.
Binance exchange announced the Particle Network investment through Binance Labs, its investment arm. Particle Network, which enables cryptocurrency investors to trade on a single account within the entire ecosystem, aims to prevent user and liquidity divergence.
While the Fed’s keeping interest rates constant once again and the developments in the Middle East caused Bitcoin to drop to $63,500 in the night hours, the purchases made by whales in the last 48 hours have not escaped the eyes. It is seen that Bitcoin and 2 altcoins come to the fore in purchases.
Binance published its 2024 mid-year report, which includes a detailed analysis of crypto market dynamics. According to the report, the total crypto market capitalisation increased by 37.3% in the first half of the year. Bitcoin and Ether returns significantly outpaced gold and oil.
Howard Lutnick, who attended the Bitcoin Conference at the weekend and announced that the Cantor Fitzgerald company, of which he is the chairman of the board of directors, has Bitcoin in his hands with the words ‘We have a ton of Bitcoin’, stated that he expects the Fed to cut interest rates in September, but other cuts to come in 2025. Lutnick also said that Bitcoin is a commodity, not a currency.
The crypto world will again see hundreds of million dollar token expansions in August, which will start tomorrow. In total, there will be a token opening of close to $800 million in 48 projects. The biggest opening will take place in AVAX with $255 million.