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Correction for APTUSDT ends here. Preparing for longTrade active now -ready for big bags

Today in crypto, Tether has announced a $775 million strategic investment with video sharing platform Rumble, a publicly traded company headquartered in Canada invested in Bitcoin BTCUSD and other cryptocurrencies, Bitcoin miner Hut 8 announced a $100 million purchase of BTC, increasing its holdings to over $1 billion.reday for pullback?

The cryptocurrency market has once again showcased its volatility, with Bitcoin (BTC) experiencing a dramatic shift in price. After soaring to a record-breaking $108,000 earlier this week, its value has since dropped to $94,500, prompting widespread discussion within the crypto community about the sustainability of its current bull run. Federal Reserve Impact This price decline was fueled by recent comments from Federal Reserve Chair Jerome Powell, who emphasized that the central bank has no plans to purchase BTC, despite promises from former President Trump. Powell also hinted that further interest rate cuts in 2025 may not materialize. These statements caused a notable shift in market sentiment, with Bitcoin responding swiftly to the uncertainty. End of the Bull Market? Bitcoin’s price had already been on an upward trajectory before Trump’s election victory, spurred by the Federal Reserve's shift to a more accommodative monetary policy. The initial 50-basis-point rate cut ignited strong momentum in riskier assets like Bitcoin. However, the Fed's recent indications of a potential reversal in policy have dampened enthusiasm, leading to BTC's sharp decline. The market reaction to Powell’s warnings has given credence to concerns that the bull market may be losing steam. If the Federal Reserve halts interest rate reductions, it could mark the end of Bitcoin’s post-election rally. Investor sentiment has already shifted, as evidenced by spot Bitcoin ETFs suffering their worst day of net outflows since launching almost a year ago. A Healthy Correction? Despite these concerns, some analysts argue this drop is merely a "healthy correction" in a longer bull market cycle. Captain Faibrik, a prominent figure in the crypto space, pointed to the $94,000 support level as a key marker. In their view, a test of this level could reset the market and provide the foundation for Bitcoin to resume its months-long rally. Whether Bitcoin's current pullback signals the start of a bear market or just a temporary reset, one thing remains clear: the cryptocurrency market is as unpredictable as ever.1st target reached at 98K.Close trade here and wait till this break 99.7K to longTrade Carefully

Tuesday, July 30, 2024, marks the ninth birthday of Ethereum, the second-largest blockchain by market capitalization, according to a post by network co-creator Vitalik Buterin. “Happy 9th birthday, Ethereum,” Buterin wrote on social media platform X, celebrating what is also known as “Launch Day.” “Looking forward to seeing what the next decade brings.” Blockchains traditionally have two founding dates — the day the whitepaper is published and the day the network is officially launched — which can often make celebrating anniversaries controversial. This process is made all the more complex if a network, like Ethereum, is funded by an initial coin offering, which would represent the date the native token went live. “Today is definitively Ethereum’s actual birthday. It is the day in 2015 when the network launched and the first block was mined. The celebration of the ICO event is a confusing fad and hopefully, one that falls out of fashion quickly,” University of Dublin lecturer Paul Dylan-Ennis, author of the “Absolute Essentials of Ethereum,” told The Block in an interview. Beginning with the creation of Bitcoin, historians, supporters and onlookers have turned towards the dates a blockchain’s whitepaper was published and Genesis block was mined or validated (Oct. 31, 2008 for Bitcoin and Jan. 3, 2009, respectively, for Bitcoin), Dylan-Ennis added. But things are a little more confusing for Ethereum. Sometimes blockchain historians will even point to a date in 2013 when it is said Buterin first conceived of a general-purpose blockchain built for decentralized applications. It’s even more sticky when considering that, in the first few months, there were many different versions of the Ethereum whitepaper. According to a GitHub post looking to determine the “canonical white paper,” there were at least two initial drafts often cited by academics — one sent to potential early contributors in 2013 and a more reader-friendly version published in 2014. “I personally say November 27, 2013, because that is when Vitalik sends the earliest version of the whitepaper to people he thinks will work on it,” Dylan-Ennis said. That is “the analog to Satoshi posting to the Cypherpunk mailing list … [but] 2014 is the correct *citation* date strictly in terms of publication on GitHub.” Then there is the question of when Buterin, who had made further changes to the document after publication, said it was finalized: Dec. 10, 2014. Curiously enough, other people continued to add to the “final” version of the whitepaper even after that date, unlike the Bitcoin whitepaper published by Satoshi Nakamoto, which has remained static. Despite all these possible considerations, it appears many in the Ethereum community agree that today represents the network’s real anniversary. “Ethereum's birthday is the day the first block was mined. Conception dates are just people bragging about having sex,” Nomad co-founder and Chief Technology Officer James Prestwich told The Block. On this date nine years ago, some of the earliest contributors, including Gavin Wood, Vlad Zamfir and Lefteris Karapetsas, among a smattering of others, gathered in a small office in Berlin to watch the first block go live. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

After a deep look at ETHUSD my idea is to long ETHUSD. 0.89% is loss and profit will be 5%+ Happy trading.

Having eye on BNBUSD from for winning trade. this is my idea only. not advice to trade. Happy profit :)Keep it up