احمد-ماطر's Profile

#CreatorPad Stablecoins play an important role in distributing the US dollar to regions trying to reduce their reliance on this currency. By using blockchain technology, "Circle" and "Tether," another issuer of stablecoins, bypass traditional banking infrastructure and provide easy cross-border access to the US dollar. Both companies have built substantial reserves of US Treasury bonds as collateral, turning stablecoins into parallel cash networks. In emerging markets, the USDT from "Tether" has emerged as a viable alternative to local currencies that have a history of devaluation and erosion of purchasing power and wealth.

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احمد-ماطر

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#CreatorPad Bitcoin is once again showing a historically positive signal, which is the golden cross pattern, at a time when traders are anticipating a price rise toward the $150,000 level. BTC is currently trading at 105,597$ with a daily trading volume exceeding $35 billion, after experiencing a slight decline following the formation of this pattern.

This pattern occurs when the 50-day moving average crosses above the 200-day moving average, and is traditionally seen as the beginning of a long-term upward trend.

Chain Mind, a crypto analyst followed by a large number of investors, indicated that this decline is not surprising, but resembles what happened in late 2024, when Bitcoin declined by 10% immediately after the golden cross, before surging to an increase of over 60% in the following two months. The current decline of 8% after the cross seems to be following the same path.

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احمد-ماطر

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#CryptoClarityAct Bitcoin (BTC) jumped to a new all-time high of $117,668 on July 11, marking its sixth consecutive historical peak in just two days, amid a strong rise of 6.8%, according to data from crypto.news.

This remarkable increase came after Bitcoin broke the $110,000 barrier, then surpassed $113,800 on July 10, achieving two record highs in less than 24 hours. This rise coincided with significant institutional inflows and a wave of "risk appetite" in global markets.

The current rise aligns with Matrixport's expectations that the currency could reach $116,000 or more during July, based on previous seasonal patterns that showed strong performance for Bitcoin in this month.

Experts attribute this momentum to several factors, the most notable of which are:

• Expectations for interest rate cuts by the U.S. Federal Reserve.

• Increased investments in Bitcoin exchange-traded funds.

• Encouraging regulatory environment stimulating capital inflows.

Analysts believe that Bitcoin is currently heading towards testing the $120,000 level in the coming days, with the possibility of expanding towards the range of $130,000 to $140,000 if the upward momentum continues, supported by technical and fundamental data.

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احمد-ماطر

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$BNB Cryptocurrency prices experienced a strong surge during trading on Friday, led by Bitcoin, which reached an unprecedented new record level.

The "YZ Labs" office, affiliated with "Changpeng Zhao" and "Yi He", the founders of the cryptocurrency exchange "Binance", announced its support for "10X Capital" in its plans to establish a new entity that will be listed in the American market.

The office stated that the new company plans to primarily focus on investing in the "BNB" currency associated with the "Binance" platform.

"10X" issued a statement saying that the "YZ" office, which manages assets worth 10 billion dollars, will contribute to supporting the formation of a specialized asset management company that invests in the "BNB" currency, but it did not mention any details regarding the agreement.

In terms of trading, the price of the cryptocurrency Bitcoin jumped by 4.92% to reach $116,546, its highest level ever.

The market cap of the world's most popular cryptocurrency increased to 2.32 trillion dollars, while its trading volume over the last 24 hours rose to 99.57 billion dollars.

On a weekly basis, Bitcoin managed to add about 6.81% to its value.

As for the prices of other cryptocurrencies, the price of Ethereum rose by 6.58% to $2,959, while the price of Binance Coin increased by approximately 2.83% to reach $689.

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$BNB Trump Media reveals Bitcoin reserves worth $2 billion

Trump Media announced on Monday that it has accumulated approximately $2 billion in Bitcoin after raising about $2.3 billion for the purpose of creating a Bitcoin treasury.
The announcement led to a rise in Trump Media's shares by up to 9%, although they settled with a 3.1% increase on Monday.
The announcement underscores Trump's growing interest in cryptocurrencies, as his family has launched several cryptocurrency projects this year. These include the World Liberty Financial Group and the meme coin $TRUMP, both of which have boosted the president's personal wealth.
Earlier this year, the president signed orders to create a strategic reserve of Bitcoin and appointed a "Czar of cryptocurrencies" for the White House.
Trump's interest in cryptocurrencies has also been highlighted by his recent signing of the GENIUS Act, which establishes a regulatory framework for stablecoins. The passage of this law has been a key driver of the recent rise in cryptocurrencies, as traders welcome more regulatory approvals in the U.S.
However, Trump's pro-cryptocurrency stance has raised concerns about potential conflicts of interest for the president, given that his legislative moves directly affect the price of his cryptocurrency holdings.

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#TrumpBitcoinEmpire Bitcoin fell slightly on Tuesday, leading a decline in broader cryptocurrency prices as the sector witnessed some profit-taking after a stunning rise over the past two weeks.
Bitcoin had surged to record levels exceeding $123,000, while alternative coins also rose as cryptocurrency supporters celebrated the U.S. government's approval of major regulation for cryptocurrencies. Bitcoin also received support from President Donald Trump's technology company, Trump Media & Technology Group Corp (NASDAQ:DJT), which revealed a reserve of $2 billion in cryptocurrency.
However, this rise seemed to be waning by Tuesday, as Bitcoin sharply retreated from its recent record levels. Other alternative coins also recorded some losses after strong gains in recent sessions.
A decrease in risk appetite was also noted amid rising uncertainty regarding the tariffs imposed by Trump, which are set to take effect on August 1, along with the Federal Reserve meeting next week.
Bitcoin fell by 0.3% to $118,500 by 4:53 PM Saudi time.

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احمد-ماطر

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#BTCvsETH The formation of a bullish flag pattern on the Bitcoin price chart usually indicates the continuation of the current trend.
The price of Bitcoin experienced a sharper decline during the Asian trading session today, Monday, after stabilizing relatively around $117,000, with BTC now trading above $118,000$ after retreating from its all-time high of $123,000 recorded last week.
The price movement of Bitcoin formed a bullish flag pattern after it surged strongly to $123,000, where the formation of this flag pattern in July indicates the continuity of the upward trend. For his part, a crypto trader on platform X wrote: "This pattern usually indicates the continuation of the current price movement, as the bulls take a brief rest in preparation for the next upward phase… A strong breakout with huge trading volume could push the price to unprecedented levels."

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#BinanceTurns8 Don't miss the opportunity! Collect all the digital zodiac signals in the #BinanceTurns8 celebration and win amazing BNB rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_X3BCVادخل وربح

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احمد-ماطر

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