Binance Square
LIVE
LIVE
MarsNext
Bullish
--ใƒป11.5k views
๐Ÿš€๐Ÿš€๐Ÿš€ #NEAR๐Ÿ”” Price Prediction: Near Protocol Pushes Past $4 Barrier โ€“ Is It Too Late to Buy? ๐Ÿš€๐Ÿš€๐Ÿš€ NEAR Protocol has surged above $4 with a 24-hour trading volume of $75 million, holding a strong rank at #22 with a market cap of $4.18 billion. With over 1 billion NEAR coins in circulation, its technical outlook reveals a pivot point at $4.01 and bullish indicators, including an #RSI of 65. Resistance is at $4.53, $4.79, and $5.01, while support lies at $3.78, $3.51, and $3.23. Trading above the 50-Day EMA signals a short-term bullish trend, supported by an upward channel and a hammer candlestick pattern. NEAR Protocol is poised for potential upward movement, presenting opportunities for traders. Sponge V2 has emerged as a new player in the meme coin realm, succeeding Sponge V1's success. The unique staking approach and Play-to-Earn (P2E) integration set Sponge V2 apart, with exclusive $SPONGEV2 token earnings through $SPONGE staking. The ecosystem offers bonus rewards, yielding a starting 40% APY for staked $SPONGE tokens. The focus shifts permanently to V2 post-launch, presenting an opportunity for investors to stake $SPONGE and earn exclusive Sponge V2 tokens with limited availability (16,461,035,615). The integration of a P2E game enhances the user experience, making Sponge V2 a notable project in the evolving meme coin landscape. Source - Arslan Butt @arslan-butt Website - Cryptonews #CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ $NEAR #CryptoForecast #BinanceSquare

๐Ÿš€๐Ÿš€๐Ÿš€ #NEAR๐Ÿ”” Price Prediction: Near Protocol Pushes Past $4 Barrier โ€“ Is It Too Late to Buy? ๐Ÿš€๐Ÿš€๐Ÿš€

NEAR Protocol has surged above $4 with a 24-hour trading volume of $75 million, holding a strong rank at #22 with a market cap of $4.18 billion. With over 1 billion NEAR coins in circulation, its technical outlook reveals a pivot point at $4.01 and bullish indicators, including an #RSI of 65. Resistance is at $4.53, $4.79, and $5.01, while support lies at $3.78, $3.51, and $3.23. Trading above the 50-Day EMA signals a short-term bullish trend, supported by an upward channel and a hammer candlestick pattern. NEAR Protocol is poised for potential upward movement, presenting opportunities for traders.

Sponge V2 has emerged as a new player in the meme coin realm, succeeding Sponge V1's success. The unique staking approach and Play-to-Earn (P2E) integration set Sponge V2 apart, with exclusive $SPONGEV2 token earnings through $SPONGE staking. The ecosystem offers bonus rewards, yielding a starting 40% APY for staked $SPONGE tokens. The focus shifts permanently to V2 post-launch, presenting an opportunity for investors to stake $SPONGE and earn exclusive Sponge V2 tokens with limited availability (16,461,035,615). The integration of a P2E game enhances the user experience, making Sponge V2 a notable project in the evolving meme coin landscape.

Source - Arslan Butt @arslan-butt

Website - Cryptonews

#CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ $NEAR #CryptoForecast #BinanceSquare

Ansvarsfraskrivelse: Indeholder holdninger fra tredjepart. Ingen finansiel rรฅdgivning.ย Se vilkรฅr og betingelser.
0
Svar 3
Udforsk de seneste kryptonyheder
โšก๏ธ Vรฆr en del af de seneste debatter inden for krypto
๐Ÿ’ฌ Interager med dine yndlingsskabere
๐Ÿ‘ Nyd indhold, der interesserer dig
E-mail/telefonnummer
Relevant skaber
LIVE
@MarsNext

Udforsk mere fra skaberen

๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ #NorthKorean hackers deploy โ€˜Durianโ€™ malware, targeting crypto firms A recent report reveals that the state-sponsored North Korean hacking group, Kimsuky, has unleashed a sophisticated new malware variant named "Durian" to target South Korean #cryptocurrency firms. According to cybersecurity firm Kaspersky's threat report released on May 9, Kimsuky deployed the Durian malware in a series of precise attacks against at least two cryptocurrency companies in South Korea. The attacks were characterized by their persistence, exploiting legitimate security software exclusively used by these crypto firms. Durian, previously unknown to cybersecurity experts, functions as an installer responsible for deploying various malware payloads. Among these payloads are a backdoor named "AppleSeed," a specialized proxy tool called LazyLoad, and other legitimate software like Chrome Remote Desktop. Kaspersky's analysis indicates that Durian offers extensive backdoor capabilities, enabling the execution of commands, downloading additional files, and the unauthorized extraction of data. Furthermore, the report highlights that LazyLoad has been previously utilized by Andariel, a subgroup within the well-known North Korean hacking collective Lazarus Group. This connection suggests a potential link between Kimsuky and the more infamous Lazarus Group, adding a layer of complexity to the cybersecurity landscape. Since its emergence in 2009, Lazarus has earned infamy as one of the most notorious groups of cryptocurrency hackers. On April 29, blockchain investigator ZachXBT uncovered that the Lazarus group had successfully laundered over $200 million in illicit cryptocurrency transactions between 2020 and 2023. Lazarus faces accusations of stealing over $3 billion in cryptocurrency assets spanning six years until 2023. In 2023, they were linked to pilfering over $309 million, which accounted for 17% of the total stolen funds. Reports from Immunefi reveal that cryptocurrency hacks and exploits in 2023 alone resulted in losses of over $1.8 billion. Source - cointelegraph.com
--
๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ #bitcoin trades sideways while TON, $RNDR , $PEPE and $AR flash bullish signs Bitcoin's recent struggle suggests a looming downside risk, but alternative coins like TON, RNDR, PEPE, and AR are poised for potential upward surges. Bitcoin (BTC) faces resistance near $60,000, signaling bearish pressure. Analysts foresee a possible downside, though some predict a surge to $175,000 - $350,000 by next year. Institutional adoption by #JPMorgan Chase and Wells Fargo hints at growing confidence in #cryptocurrency . TONcoin (TON) eyes a breakthrough at $7.23, with support near this level. A breach could target $7.67, backed by bullish signs on the 4-hour chart. RNDR rebounds after testing moving averages, with resistance near $12. A bounce from current levels or the 20-day EMA may push it above $12 towards $13.83. PEPE's recovery hints at an inverse head-and-shoulders pattern, with resistance at $0.0000092. Support from moving averages suggests bullish sentiment, targeting $0.0000145 upon breakout. ARweave (AR) sees upward momentum, supported by moving averages. Resistance at $47.51 is key, with targets at $52 and $68 if surpassed. Downside risk exists below moving averages, with $26.50 and the 50-SMA acting as crucial supports. In summary, while Bitcoin stalls, altcoins like TON, RNDR, PEPE, and AR offer potential upside moves, contingent upon breaking key resistance levels and market dynamics. Source - cointelegraph.com #CryptoTrends2024 #BinanceSquareTalks
--
๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ #elsalvador Unveils Public #bitcoin Mempool, Showcases Nearly $353 Million Holdings El Salvador, renowned for becoming the first country to adopt Bitcoin ($BTC ) as legal tender, has taken a notable step forward in its cryptocurrency investment approach. The government has introduced public access to Bitcoin investment data through a personalized mempool. As per the latest mempool data, El Salvador currently holds 5,748.76 BTC, valued at over $352.8 million. El Salvador Enhances Transparency in Bitcoin Investments The Bitcoin Office, a Salvadoran government entity responsible for overseeing all BTC-related projects, announced this development via their official X (Twitter) account on May 12. In addition to revealing the holdings, El Salvador's mempool data shows that the government acquired an additional 31 BTC in the past month. This purchase is part of the Dollar Cost Averaging (DCA) strategy initiated by President Nayib Bukele in November 2022. Bukele had previously stated that his administration would purchase 1 BTC daily "until Bitcoin became unaffordable with fiat currencies." The crypto community has welcomed El Salvador's mempool, lauding its transparency regarding the country's Bitcoin holdings. Criptolawyer, a prominent figure in the Latin American crypto community and founder of the Bitcoin legal advisory and consultancy firmโ€”Legalrocks, expressed her support. "The Government of El Salvador discloses its BTC holdings to enable anyone worldwide to audit their Bitcoin reserves in real-time," Criptolawyer stated. Despite the government's robust BTC investment strategy, the adoption rate of Bitcoin in El Salvador remains modest. According to a study conducted by Josรฉ Simeรณn Caรฑas Central American University, only 12% of the local population in El Salvador utilized Bitcoin for payments for goods and services in 2023. This figure represents a significant decline from 2022, when 24.4% of Salvadorans engaged in Bitcoin transactions. Source - beincrypto.com #CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ #BinanceSquareBTC #cryptocurrency
--
#bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Hereโ€™s Why Bitcoin has experienced one of its deepest corrections since the FTX crash in November 2022, with a drop of over 20% from its all-time high of approximately $74,000. Despite this downturn, Glassnode analysts, in their latest insights, maintain a cautiously optimistic stance. Glassnode highlights that the Bitcoin "macro uptrend still appears to be one of the more resilient in history," noting that corrections, while present, have been relatively shallow. The #Blockchain analytics platform indicates that liquidity has increased, contributing to a reduction in volatility. However, for bullish momentum to gather, fundamental factors will likely need to serve as triggers. While price action structure may offer support, historical evidence suggests that market events are key catalysts. The robust macro trend, according to Glassnode, has led to decreased volatility, thereby supporting the uptrend. The platform also observes that the diminishing depth of corrections signals a maturing market with growing institutional involvement. Meanwhile, on-chain data reveals that a whale has capitalized on the recent price dip to accumulate coins. Over the past week alone, this #whale has acquired over 100 BTC, bringing their total purchases for the month to more than 7,257 BTC. Such aggressive accumulation implies that, even at current multi-year highs, Bitcoin may be undervalued. Bitcoin could receive significant boosts from several upcoming events. Former US president #donaldtrump now accepts #cryptocurrency donations for his campaign, a reversal from his earlier stance. European regulators are considering approving Bitcoin for UCITS funds, potentially unlocking billions in investments. Major banks like Morgan Stanley and BNP Paribas are already exploring Bitcoin investment options for their clients. Source - newsbtc.com
--
๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ #Solanaโฉ (SOL) Ready for $160, #Ethereum ($ETH ) Performance Raises Questions, Will #cardano ($ADA ) Break This Resistance? Solana is displaying indications of gearing up for a potential breakthrough above the $160 price mark, with the 50-day EMA serving as a key resistance level. Historically, this EMA has acted as a robust barrier or support level, depending on market direction. For Solana, surpassing this mark could signify strong bullish sentiment and potentially lead to higher price levels. However, the journey towards breaking this resistance is challenged by descending trading volume, which may suggest a lack of conviction in the market's direction. Traders may be cautious and waiting for more definitive signs before committing to larger positions. Thus, Solana's approach to $160 might require a significant catalyst or market event to boost confidence and trading activity. Another aspect to monitor is the potential breakthrough of the "neckline" around $160, a crucial level in chart patterns like head and shoulders or inverse head and shoulders. A decisive close above this level could validate bullish predictions and trigger a new wave of buying interest. Ethereum struggles to surpass the 100-day EMA, signaling challenges in establishing an uptrend. Trading below $3,100, Ethereum faces significant risks to its valuation. A sustained position below the 100 EMA indicates bearish sentiment and may lead to a test of the 50 EMA, typically indicating a short-term trend. Cardano faces strong resistance at $0.46, persisting as a formidable barrier amid repeated attempts to breach it. Yet, rising trading volume suggests renewed trader interest as ADA nears this critical level. Additionally, the RSI approaching neutrality hints at a potential shift from bearish to bullish sentiment, supporting the possibility of strengthening upward momentum. A successful breach of the $0.46 resistance for Cardano could pave the way for further gains, while failure to do so may lead to consolidation or a retreat to lower support levels. Source - u.today
--
Sitemap
Cookie Preferences
Vilkรฅr og betingelser for platform