07.10.2024 CRYTPO AND FOREX DEVELOPMENTS

💥Metaplanet Continues Bitcoin Purchases! It has now added 108.78 BTC to its portfolio!

💫Bitcoin is trading at $ 63,477, up 2.5% at the time of writing, and 2,212,133 TL against the Turkish lira.
Ethereum (ETH) is up 1%

💫The dollar index (DXY) is hovering at 100.37.
Bitcoin’s market capitalization is around $ 1.25 trillion, while the total value of the cryptocurrency market is around $ 2.36 trillion.
The 24-hour cryptocurrency market volume is around 78 billion dollars.

💫Dolar/TL is at 34.18 with an increase of 0.25%, while the Euro/TL pair is at 38.18 with an increase of 0.17%.

💫In the last 24-hour period, $ 154 million was liquidated from the cryptocurrency market, while more than 63 thousand cryptocurrency investors were affected by this situation.
While long positions accounted for 70.62% of the liquidated positions, the most liquidation took place in Bitcoin (BTC).

💥 Pay attention to Wednesday, Thursday and especially Friday this week, friends.

💥 Today
FTX restructuring hearing to be held.

💥 reminder
Tokens unlocked this week

🔹️Worldcoin (WLD): 3 million assets worth $6 million will be unlocked at 21:00 on October 7. 0.69% of the circulating supply will be released.
🔹️Sei (SEI): 5 million assets worth $2 million will be unlocked on October 8 at 12:00 PM ET. 0.54% of the circulating supply will be released.
🔹️GMT (GMT): 87 million assets worth $11 million will be unlocked over the next week. Unlocking will begin at 15.00 on October 8, 15.00 GMT. 3.95% of the circulating supply will be released.
🔹️Xai (XAI): 8 million assets worth $41 million will be unlocked on October 9 at 12:00 PM ET. 6.19% of the circulating supply will be released.
🔹️Internet Computer (ARB): 2 million assets worth $20 million will be unlocked as of October 10, 10:00 AM ET. 0.57% of the circulating supply will be released.
🔹️Mocaverse (MOCA): 180 million assets worth $16 million will be unlocked as of October 11, 12:00 PM ET. 15.38% of the circulating supply will be released.
🔹️Aptos (APT): 11 million assets worth $98 million will be unlocked as of 17:00 on October 11th. 2.84% of the circulating supply will be released.
🔹️Oasis Network (ROSE): 9 million assets worth $151 million will be unlocked as of October 12, 04.00 PM ET. 2.25% of the circulating supply will be released.

💥China’s State Council Information Office will introduce new policies designed to accelerate economic growth on October 8. This could have a negative impact on Bitcoin and altcoin markets.

China’s economic stimulus moves have created a significant revival in the country’s long-suppressed stock market. Since September 24, the Shanghai Composite Index has risen more than 20 percent to its highest level since May 2023, while the Hang Seng China Enterprises Index, which includes Chinese stocks traded in Hong Kong, has risen more than 25 percent.

✨️Eteryum

Proposal EIP-7781 aims to increase transaction capacity by 50 percent by reducing block times on the Ethereum network by 33 percent.
This change could increase efficiency in decentralized exchanges and smart contracts, while raising some hardware and bandwidth requirements for solo stakers.
Leading developers and key figures from the Ethereum Foundation supported the proposal, while noting the potential pressures on solo stakers.

💥In recent market activity, South Korea’s largest cryptocurrency exchange Upbit recorded unusual trading volumes on several altcoins, including IOST, IOTA, HBAR, DOT and ASTR.

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cryptoANDforex

cryptoANDforex

is a writer and content creator known for their expertise in the fields of cryptocurrency and forex trading. They produce informative articles, guides, and analysis that help both novice and experienced traders understand market trends, trading strategies, and investment opportunities.

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