#Scarcity

There are only 18 to 19 #million Bitcoins currently in circulation, and minting will stop at 21 million. Industry experts consistently point to this built-in scarcity as a big part of cryptocurrency’s appeal. 

When he began combing the Minnesota Historical Society’s archives, the only document he could find was a commemorative booklet, “In Memory of Those Who Perished. #btc #trx

A display for the Sea Wing disaster at the Goodhue County Historical Society on Tuesday, Aug. 16, 2022 in Red Wing. The Sea Wing sank on Lake Pepin in 1890, killing nearly 100 passengers after being caught in a severe storm.Joe Ahlquist / Post Bulletin #sea #nature #life

A t-shirt for sale showing the route of the Sea Wing on Tuesday, Aug. 16, 2022, at the Goodhue County Historical Society in Red Wing. The Sea Wing sank on Lake Pepin in 1890, killing nearly 100 passengers after being caught in a severe storm.

#news #health #tmac

activity.Deflation means that the currency will have more and more purchasing power over time, and the amount of ETH in circulation will be less than the amount needed to actually circulate, helping to drive up the price of #ETH. #tmac

At press time, ETC is trading at $36.80. If the bullish momentum is maintained, ETC could top last week’s high of $43 over the coming hours or days. However, it could need the support of the broader crypto market to reach the $50 mark for the first time since #March. #tmac

This will prompt Ethereum miners to migrate to the #Ethereum Classic blockchain, which continues to #maintain its proof of work mechanism. ETC has added more than 35% to its value in the last seven days and could rally higher soon. #eth #btc

#Bitcoin has taken advantage of the ongoing #market performance to rally past the $23k resistance level. Ether is trading above $1,600 once again after adding more than 3% to its value over the last 24 hours. #btc #matic #bnb #tmac

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a #decision. #tmac

#Bitcoin levels annotated chart. Source: Whalemap/TwitterPopular Twitter account Altcoin Bets meanwhile added that “as long as we stay above 24k on daily, we should reach for 28k CME gap,” referring to a void in the CME Bitcoin futures chart. #magnet.

#Eth #btc #bnb #tmac

“$#BTC is breaking out of an ascending triangle on low volatility meaning we should be expecting a big move soon enough,” the Whalemap team revealed alongside a chart showing #relevant levels.

#tmac0.2$

Reducing risk positions should be the norm until investors clearly indicate that the U.S. Central Bank is closer to easing the tighter monetary policies. That is precisely why crypto traders are following macroeconomic numbers so closely.

#btc #boom

The high correlation of traditional assets to #cryptocurrencies remains a huge concern for some investors. Investors should not be getting ahead of themselves even if inflationary pressure recedes because the U.S. Fed monitors employment data very #closely

Bitcoin/USD 12-hour price. Source: TradingViewBitcoin derivatives data does show a lack of interest from leveraged longs (bulls), but at the same time, it does not #price higher odds of a surprise #crash.

#Binance #Coin price currently auctions at $327, just a few dollars shy of the May 26 highs at $338. Auction market theory suggests a significant amount of liquidity has been placed above the spring-time high and market makers are likely aiming for said levels to heighten the volatility.

#BNB price circulating supply is 21 million coins, the most illiquid since July 2020 when BNB auctioned at $16.00 Binance coin has rallied 75% since the June 19 #bottom.
Invalidation of the uptrend is a breach below $180.
Binance coin shows reasons to believe in a market bottom.

Pro Tip

#Even if #Bitcoin breaks $100,000, stay focused building on your overall portfolio including passive index funds, emergency savings, and your retirement account(s).

#Prediction: Bitcoin can go to $100,000-$150,000, but the timeline is unclear
Why: Bitcoin is in a #bearish sentiment cycle, but the total crypto market and other crypto asset classes are not. Bitcoin was the first cryptocurrency,

The downside to providing clarity—and this is the reason we don’t define ‘fraud’ in the law either—is that as soon as you write down what the parameters are, you’ve given a road map for getting around it,” says Hilary Allen.

#tmac #coffe1

To many securities law experts, however, there’s nothing nebulous about it. “You don’t run afoul of the SEC’s disclosure laws if you register and disclose,” says Roger Barton,

#blocchain #bep20 #tmac

Therefore, apart from keeping an eye on the BNB/USD market, traders should also monitor the activities in the Bitcoin market.

#btc #bep2p #cryptonews #tmac

Bitcoin Price Prediction for Today, August 8: BTC Looks For A Direction; Will $24k Come to Focus?

#btc #bep20 #trending