Category: TRENDING

As Bitcoin Plunges Below $20,000, bitcoin whales are buying more and more btc at cheap prices.

The global cryptocurrency market on Thursday, June 30, fell below the $900 million mark for the second time this year.

Meanwhile Deutsche Bank analysts Marion Laboure and Galina Pozdnyakova have said that Bitcoin could reach as high as $28,000 by the end of the year. The analysts also noted that the traditional financial instruments would rally in the coming months to their January levels. Bitcoin has fallen 5.44% in the last 24 hours and is currently trading at $19,022.01.

The global cryptocurrency market fell way below the $900 million mark, registering a value of $888.01 billion. This is a decrease of 1.52 per cent in the past 24 hours, as per data.

Despite the fact that Dogecoin remains down nearly 90% from its May 2021 peak of around $0.73,52% of Dogecoin addresses are in profit on their DOGE investments despite the recent decline in the cryptocurrency’s price.

52% of Dogecoin addresses are profiting, 46% of the remaining addresses are at a loss, and barely 2% are breaking even. Compared with Bitcoin and other altcoins, Dogecoin seems to be holding well in this regard:Reports.

Dogecoin rebounded from lows of $0.04 on June 18 and recorded six out of nine days of positive price action.

The Shiba Inu team launched the burn portal to help address the issue of the massive supply of the SHIB tokens.The adoption of the burn portal has been impressive so far. In fact, over 400 trillion tokens have been burned.

Shiba Inu burns about 400 trillion tokens to cap supply; bleeds 13%.Shiba Inu (SHIB), the second-largest meme coin, which has tumbled almost 13 per cent in the last few hours, back into the red on a weekly basis.

The token, which trades for some fractional cents, plunged to $0.000009699 on Wednesday from $0.00001108. However, it was trading for $0.000009859 at 13.45 hours IST.

The total market of Shiba Inu was a little over $5.4 billion, with volume remaining flat as coins worth $505.65 million exchanged hands in the last 24 hours.

In a recent interview Elon Musk opened up about the reason he had gotten into the meme coin in the first place.

He revealed that it was actually the factory workers on the floor that had told him and asked him to support it.

“I just had a lot of people who are not that wealthy, who have encouraged me to buy and support Dogecoin, So I’m responding to those people. Just people that work in the factory of SpaceX or Tesla, they’ve asked me to support Dogecoin.”

Elon Musk supports Dogecoin despite a massive lawsuit being filed against him for being involved in an alleged scheme that was to pump the price of the meme coin and then dump it.

Bitcoin is a commodity, which is essential for any treasury reserve asset.

This allows politicians, agencies, governments and institutions to support bitcoin as a technology and digital asset to grow the economy and extend property rights and freedom to all. SEC Chair Gensler.

The live Bitcoin price today is $21,003.12 USD with a 24 hour trading volume of $22,48,87,31,993 USD.

Bitcoin is down 1.70% in the last 24 hours.It has a circulating supply of 1,90,79,318 BTC coins and a max. supply of 2,10,00,000 BTC coins.

Shiba Inu continues to face buying pressure from whales as it ranks among the top 10 most purchased tokens.

Presently, the top 5,000 ETH whales are holding $663,117,830 worth of SHIB. Shiba Inu also remains the biggest token position held by whales.

Shiba Inu is the World’s 14th largest cryptocurrency.

The live Shiba Inu price today is $0.000011 USD with a 24 hour trading volume of $50,20,74,654 USD.Shiba Inu is down 7.54% in the last 24 hours.

It has a circulating supply of 54,90,63,27,88,76,302 SHIB coins.

Billy Markus, also known as “Shibetoshi Nakamoto,” the founder of Dogecoin, discusses what to expect from the still bearish market.

In response to Dogecoin user “Greg,” who had asked how long the bear market could last, the DOGE co creator stated “sometimes there are dead cat bounces before hopes and dreams are crushed again.”

Meanwhile Dogecoin is up by 30% in the last week.

The live Dogecoin price today is $0.075936 USD with a 24 hour trading volume of $1,13,18,15,989 USD.Dogecoin is up 4.83% in the last 24 hours.

It has a circulating supply of 1,32,67,07,64,300 DOGE coins.

BTC is currently trading at around $21,300 with no significant changes during the past day. However, it has shown a bullish curve over the past week with a 16.4% leap.

The live Bitcoin price today is $21,246.76 USD with a 24 hour trading volume of $19,89,30,43,460 USD.Bitcoin is down 0.89% in the last 24 hours.

It has a circulating supply of 1,90,78,162 BTC coins and a max. supply of 2,10,00,000 BTC coins.

BTC is the World’s largest cryptocurrency. BTC with a market capitalisation of $403 billion is down by over 69% from its all-time high price recorded in November lastyear.