Amid fears that Iran will launch some military action against Israel, the market continues to fall, Bitcoin was down to $63,500 at one point 📉

$226.44 million of futures positions have been liquidated in the last 24 hours, $196.54 million of which are longs 🩸

OKX and the Aptos Foundation set up a $10 million fund to encourage the growth of the Aptos ecosystem and broader adoption of Web3 💰

Hong Kong’s largest online brokerage, Futu Securities International, has launched Bitcoin and Ethereum trading for its 22 million customers 🇭🇰

🔹 Last 24 hours top 3 gainers:

Aave - $110.28 (↑3.05%)
Kaspa - $0.205 (↑2.01%)
Fasttoken - $2.34 (↑0.70%)

#GM

Tap-to-earn game Pixelverse announced that players can now mint "Early NFTs" on Ton in the game dashboard 🖼

Minting is available until August 14 and costs 0.5 TON which is equal to $3.35 🤑

The team is facing backlash from the community for delaying the airdrop claim and is now milking the community by offering useless NFTs. 

Meanwhile, the PIXFI token price has already dropped significantly from its ATH value the day after listing 🔽

What do you think about that? Will you be minting NFT?

The market is dipping again, BTC is down by 6.5% in the last 24 hours and is now trading around $62.500 📉

$322.29 million was liquidated in the last 24 hours, $298 million of them are longs 👋

Maybe 4h 200 MA (yellow line) could play as a support level for bulls?

FATTY - the new 100x gem? 💎

One of the best ways to make almost guaranteed profits in crypto is ICO (Initial Coin Offering). Right now FatBoy is offering to participate in such a presale of its token $FATTY.

The new YouTube video on our channel tells you whether you should pay attention to this project. You can find answers to such questions 👇

• What is this project about?

• What is the team behind FATTY?

• How to participate in the presale and is it worth it?

Don't miss the chance to learn more about this project. Hurry up and check out the video 🍄

https://youtu.be/5jMJLrUyXNo

While most are panicking and selling their Bitcoins and Ethers during this market dip, BlackRock continues to buy up tens of millions of dollars worth of BTC and ETH 🛒

Maybe they know something we don't? 🤔

✅ As we all know, the bears managed to take down the crypto market along with the stock market today. Bitcoin bottomed out at around $62,300 and has since retraced 🔼

Daily Digest:

🔸 Solana surpassed Ethereum in monthly DEX trading volume for the first time in July 2024 🔳

🔸 Crypto exchange bankrupt Mt.Gox has compensated 17,000 customers out of 24,000 customers

🔸 OKX and the Aptos Foundation set up a $10 million fund to encourage the growth of the Aptos ecosystem and broader adoption of Web3

🔸 Pixelverse announced that players can now mint "Early NFTs" on Ton in the game dashboard

🔸 $322.29 million was liquidated in the last 24 hours, $298 million of them were longs

🔸 Hong Kong’s largest online brokerage has launched Bitcoin and Ethereum trading for its 22 million customers 🇭🇰

🔸 The Bank of Japan increased its key interest rate to “around 0.25%” from the previous range of 0% to 0.1%.

🔹 Prices:

🥇 Bitcoin - $64,878 (↓0.1%)
✨ Ethereum - $3,173 (↓1.9%)
🧪 S&P 500 - 5,446 (↓1.37%)
🕗 DXY - 104.34 (↑0.23%)
🌉 Gold - 2,446 (↓0.05%)

Crypto market today 😆

QQQ is an ETF that invests in the 100 largest non-financial companies listed on the Nasdaq Stock Market, It is currently on its way to 4th red weekly candle in a row, while the crypto market has a pretty high correlation with stocks, this is pretty bad for Bitcoin bulls 😨

Do Kwon’s extradition to the US has been rejected by Montenegro’s Appellate Court after it upheld the High Court’s ruling that he should be extradited to South Korea. It looks like he is finally going to South Korea, not the US ⚖️

US Secretary of State has issued a statement challenging Venezuela's official election results, declaring opposition candidate Edmundo González Urrutia as the true winner of the July 28 presidential election 🇺🇸

MicroStrategy said it acquired an additional 169 BTC in July for $11.4 million with an average buying price of $67400 🕕

🔹 Last 24 hours top 3 gainers:

Helium - $5.07 (↑7.30%)
MANTRA - $1.22 (↑5.10%)
Monero - $163.35 (↑4.10%)

#GM

CEO of American investment management firm VanEck says Bitcoin market capitalization will be half that of gold 🤑

That would put BTC at a price of $350,000 per coin 📈

Market crashes 📉

Ethereum struggles around $3,000 support level 🆘

Bitcoin falls below $63,000 🔽

The US stock market is falling and crypto is falling with it 🎰

$2.9 trillion got wiped out from the U.S. stock market this morning due to fears of a looming recession 😱

Something strange is happening 🔍

The stock market is incredibly volatile, with companies with market caps in the trillions of dollars pumping & dumping by 10% a day, while the crypto market is incredibly 'calm' 😐

✅ Сrypto market seems to be in free fall along with the US stock market, which saw a massive sell-off today. Investors are afraid of geopolitical risks and a possible recession in the U.S., so they are buying bonds and selling stocks 🔽

Daily Digest:

🔸 $2.9 trillion got wiped out from the U.S. stock market this morning

🔸 CEO of American investment management firm VanEck says Bitcoin market capitalization will be half that of gold ($350,000 price per coin) 😳

🔸 MicroStrategy said it acquired an additional 169 BTC in July for $11.4 million

🔸 US Secretary of State has issued a statement, declaring Venezuela's opposition candidate González as the true winner 🤔

🔸 Do Kwon’s extradition to the US has been rejected by Montenegro’s Appellate Court 

🔸 Fantom blockchain has rebranded to Sonic Labs

🔸 Morgan Stanley bank told its wealth advisors they can pitch spot Bitcoin ETFs

🔹 Prices:

🥇 Bitcoin - $62,333 (↓2.7%)
✨ Ethereum - $3,001 (↓4.5%)
🌡 S&P 500 - 5,346 (↓1.84%)
🕗 DXY - 103.23 (↓1.14%)
🌉 Gold - 2,442 (↓0.18%)

Traders trying to find an entry of their long position after today's sell-off 🥲

Trade, don't gamble 🙏

On average, 13/100 gamblers can leave the casino with profits, most people treat trading like gambling, and that’s why only 1% of traders can beat the market. Successful trading requires a disciplined approach, deep research, and a long-term strategy.

🎰 Gambling and trading might seem similar, but they are fundamentally different. Gambling is purely based on chance, where the odds are stacked against you, leading to a high likelihood of loss. In gambling, there's no control over the outcome, and luck is the primary factor.

🕯 Trading, on the other hand, involves informed decision-making. Successful traders rely on research, analysis, and understanding of market trends. While risk is always involved, it is a calculated risk, unlike the blind risk in gambling.

The key difference lies in mindset and strategy. Gambling is about instant gratification and quick wins, while trading requires patience and discipline. Treating trading as gambling is a fast track to losses ❗️

#trading_tips

Ethereum is currently trading at ≈ $2910 🌡

The price hit the support level, which marked the bottom 7 times in the last 6 months 🤔

The Relative Strength Index indicator is at an oversold level on 1h, 4h, and 1d timeframes.

Are you buying? Let's take a poll:

👍 — Yes, I am buying

👎 — No, waiting for a lower price

Warren Buffett sold half of his Apple holdings 🔽

Buffett's Berkshire Hathaway sold 505 million Apple shares (55.8% of their holdings) in the first half of 2024, cutting its stake to $84.2 billion.

🍏 With iPhone sales down in China and uncertainty surrounding Apple's AI strategy, this massive sell-off raises serious questions.

Interesting to see how the market will open on Monday after this news 😨

Rocket barrage fired at Israel 🇮🇱

Iron Dome intercepts rockets over the settlement of Kiryat Shmona following a large rocket barrage launched from southern Lebanon 🇱🇧

In the meantime: The US Embassy in Beirut has urged its citizens to leave Lebanon on "any available ticket" 😱

NASDAQ Composite correlates almost perfectly with Donald Trump's odds of winning the 2024 U.S. presidential election on PredictIt online prediction market starting from December 2022 👀

A reminder that you should always have some free capital to buy market dips. The image shows the altcoins with the highest % drawdown in the last 7 days 🔽

It's just the way crypto works, the market is very volatile and if you only hold altcoins, your portfolio can easily drop 25% in just one week, so you should always be prepared to dollar average your initial entries 🛒