Germany moves $80M more BTC 🚚

Bitcoin hits 5-Month Low, Top Meme Coins Crash as Crypto Markets Decline, BTC Cycle Master, and more!

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Traci Smith & Mike Cullison
July 08, 2024

GM 💡 What a wild weekend in the crypto world! Here is your 5-minutes to get back up to date on what has happened 👍

In Today’s Crypto World:

  • Germany Moves $80M More BTC 🚚

  • Bitcoin hits 5-Month Low 🐻

  • Top Meme Coins Crash as Crypto Markets Decline 💥

  • Gainers & Newbies 👀

  • First Appearance of Wolverine Drops July 11th ‼️

  • BTC Cycle Master 🔁

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

Weekend Wrap: Germany moves $80M more BTC, Vitalik donates 100 ETH and more

A lot has happened in crypto this weekend. Here are some of the stories you may have missed.

cointelegraph.com

Bitcoin hits 5-month low, Mt. Gox begins repayments, Circle secures MiCA license | Weekly Recap

Bitcoin (BTC) drops to a five-month low amid a series of whale selloffs; Mt. Gox begins creditor repayments; and Circle secures first stablecoin license under MiCA as regulatory efforts mount.

crypto.news

Top Meme Coins Crash as Crypto Markets Decline

The entire cryptocurrency market is painted in red but meme coins are charting major losses.

cryptopotato.com

DEGEN PLAYS
GAINERS & NEWBIES 👀 

*Market insights are updated daily.

VEVE & NFT
1ST APPEARANCE OF WOLVERINE DROPS JULY 11TH ‼️

CHART OF THE DAY
BTC CYCLE MASTER 🔁

Bitcoin Cycle Master is a combination of on-chain metrics including Coin Value Days Destroyed and Terminal Price. They are able to identify where Bitcoin price is valued relatively within its cycles. Historically those cycles have been approximately every 4 years and correlate with Bitcoin Halving events. There is no guarantee that will continue to be the case in the future, and the metrics that make up Bitcoin Cycle Master track actual economic behavior on the Bitcoin blockchain.

Bitcoin Cycle Master can identify periods of increased risk when transaction behavior on-chain is indicative of major cycle highs. It also identifies areas of value opportunity where on-chain transaction behavior signals major cycle lows.

OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - WHAT IS THETHER / USDT? 🔦

HOOT’S OF ENLIGHTENMENT
WHAT IS XLM? 💡

Stellar (XLM) is a powerful cryptocurrency with a mission to facilitate fast, low-cost cross-border transactions. Key points include:

  1. Speed: Stellar’s network processes transactions in just a few seconds, making it one of the fastest blockchains.

  2. Low Fees: With minimal transaction fees, XLM is cost-effective for users and businesses alike.

  3. Accessibility: Stellar aims to provide financial services to the unbanked, enhancing global financial inclusion.

  4. Interoperability: Stellar supports the issuance of digital assets and fiat currency integration, promoting seamless exchange.

These features make XLM a game-changer in enhancing global financial systems.

OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀

OWLGO’S LOLS
DAILY MEMES 🤣

Brought To You By: DailyGainsCrypto.com 

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.05/31/202406/12/