Mt. Gox Moves 2.9 Billion Worth of Bitcoin for the First Time in 5 Years – Chainlink Soars with Swift Payments Update

Mt. Gox Moves 2.9 Billion Worth of Bitcoin for the First Time in 5 Years

According to Arkham Intelligence data, Mt. 42,830 BTC worth approximately $2.9 billion were transferred from Gox cold wallets. Mt. Gox transferred assets from their wallets for the first time in five years. Even after this transfer, Mt. Gox continues to hold approximately $9.42 billion worth of Bitcoin in its wallets. In September 2023 Mt. Gox trustee announced that the repayment period has been extended by 12 months to October 31, 2024.

Chainlink Soars with Swift Payments Update

According to Monday’s data, among the top 40 cryptocurrencies, Chainlink ranked first with a gain of more than 10%. The reason behind this rise is that Chainlink will make a joint presentation with the international payment platform Swift at the Consensys conference to be held in Austin, Texas this week.

Nomura Holdings and GMO Group Form Stablecoin Partnership in Japan

Nomura Holdings and GMO Internet Group, a financial services company operating in thirty countries, have formed a partnership focused on issuing Japanese yen and US dollar stablecoins in Japan. The partnership will also include Laser Digital Holdings, a subsidiary of Nomura Holdings that provides trading solutions and asset management for digital assets.

PEPE Became the 19th Most Valuable Cryptocurrency in Terms of Market Cap

PEPE meme coin reached a significant milestone, surpassing Polygon in terms of market capitalization and placing 19th in the cryptocurrency rankings. PEPE reached a market cap of $7.167 billion, surpassing Polygon’s $7.113 billion market cap. Additionally, PEPE price increased by 140% in the last month alone, thus becoming the third largest meme coin.

JP Morgan Views Approval Chances of Solana and Other Crypto ETFs as Low

JP Morgan managing director and global market strategist Nikolaos Panigirtzoglou said ETFs for Solana and other assets are unlikely to succeed. Additionally, Panigirtzoglou said, “We do not think the SEC will go further by approving Solana or other token ETFs.” said.

Donald Trump’s Wallet is $10 Million

A crypto wallet linked to former President Donald Trump holds assets worth approximately $10 million. According to Arkham Intelligence, this wallet contains MAGA tokens worth $7.12 million, 463,441 ETH worth $1.84 million, and 1 million MAGA VP tokens worth approximately $509,000. The wallet recently surpassed $10 million in value, but is currently worth $9.95 million. The increase in value is largely driven by MAGA tokens, which rose 8.3% in the last day to $12.43 per token. Trump holds the top spot in terms of cryptocurrency holdings, surpassing other celebrities such as Justin Bieber, Kevin Hart and Jimmy Fallon.

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BITCOIN (BTC)

BTC is priced at $67,950 with a 2.14% loss of value as of the morning hours. When we examine the 4-hour chart, the resistance zone of $ 72 thousand was tested with the strong price movement seen at the beginning of last week. After finding support at $66,700, the rise continued again, but it was rejected in the $70,500 region and the decline continues. The first support level appears to be $66,760.

ETHEREUM (ETH)

ETH is priced at $3851 with a 1.08% loss of value as of the morning hours. When we examined the 4-hour chart, we saw high volatility with spot ETH ETF applications being approved. With this move, the 3500 level was tested at the bottom and a strong reaction occurred. The uptrend continues and it looks like it has been rejected again from the $3932 area. In case of a break above $3932, the $4000 level can be tested. The $3750 region appears strong as initial support.

RIPPLE (XRP)

As of the morning hours, XRP is priced at $0.5248 with a 1.72% loss in value. There is a horizontal channel between $0.46 and $0.57. There was a wick movement to the $0.48 level, but it could not be permanent. $0.50 is a critical level and this level has been regained. Initial support again appears to be the range between $0.50 and $0.51. Areas where there may be resistance include the $0.55 and $0.58 levels.

AVALANCHE (AVAX)

AVAX is priced at $36.93 with a 3.50% loss in value as of the morning hours. After the horizontal area broke up, we saw a movement up to the $42 level, but it could not be sustained above this area. In case of withdrawals, the 35 and 33 dollar areas can be followed as support. In upward movements, if there is persistence above the $40 level, the $45 region can be targeted.

SOLANA (SOL)

SOL is priced at $164.30 with a 0.56% gain in value as of the morning hours. When we examine the daily chart, we see that the $160 level, which we follow as the support zone, was tested with the withdrawal movement. If the reaction from this region continues, the $170 level can be followed as short-term resistance. If the support zone is broken, a move up to $155 may be possible.

CHAINLINK (LINK)

As of the morning hours, LINK is priced at $18,088, with a 3.68% loss in value. When we examine the daily chart, we see that the resistance zone of $ 17,400 has been passed. There is currently a retreat. If this movement continues, the $18 level can be followed as support. In upward movements, the $19 level appears as resistance.

MATIC

As of the morning hours, MATIC is priced at $0.7267 with a 2.36% loss in value. When we examine the daily chart, we see that there is horizontal movement between the $0.6440 and $0.7530 levels. These two levels can be followed as main support and resistance zones. If the resistance zone is broken in upward movements, the $0.80 level can be tested. In case of withdrawals, the $0.70 region can be followed as short-term support.

DOT

DOT is priced at $7,410 with a 3% loss of value as of the morning hours. When we examine the four-hour chart, we see that the $7.70 level is an important resistance area. If there is persistence above this region, the $8 level can be tested. In case of a pullback, the $7 level may be tested.

OUNCE OF GOLD

As of the morning hours, ounce gold is priced at 2351.80 dollars with a 0.03% gain in value. When we examine the four-hour chart, we see that the $2400 level has been broken strongly downwards. We see that it has received a reaction from the $2300 level, which we are currently following as a support zone. If this movement continues, the $2350 level can be followed as resistance. In case of persistence above this resistance, $2375 appears as the next resistance zone.

OUNCE OF SILVER

As of the morning hours, silver is priced at $ 31.70 with a 0.20% gain in value. When we examine the hourly chart, we see that there is a horizontal movement after the upward movement that took place yesterday. The lower and upper zones of this horizontal movement are located between the $31.60 and $31.86 levels, respectively. With a break of this region, the $ 32 level can be tested.

What is Airdrop?

Airdrop, one of the rapidly growing and interesting applications of the cryptocurrency world, means distributing free crypto money to users.

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