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Let's analyze a very interesting #asset from the point of view of #PYTH technique
🔗The asset is now between the local support level at $0.5 and the local resistance level at $0.715. We are now moving sideways and forming an upward trading channel, as well as moving in an area of increased volume
✅ In the near future I expect a small corrective movement after which we will break through the upper boundary of the trading channel and start an impulsive upward movement.
🔜I plan to enter the trade from the current (0.554$-0.581$).
🛑 Stop loss will be at (0.5$)
✅First take (0.638$)
✅Second takeout (0.778$)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 36% of net movement
#CryptoWatchMay2024 #buythedip #BTC
🔗The asset is now between the local support level at $0.5 and the local resistance level at $0.715. We are now moving sideways and forming an upward trading channel, as well as moving in an area of increased volume
✅ In the near future I expect a small corrective movement after which we will break through the upper boundary of the trading channel and start an impulsive upward movement.
🔜I plan to enter the trade from the current (0.554$-0.581$).
🛑 Stop loss will be at (0.5$)
✅First take (0.638$)
✅Second takeout (0.778$)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 36% of net movement
#CryptoWatchMay2024 #buythedip #BTC
Let's break down the market's main altcoin #ETH🔥🔥🔥🔥🔥🔥 💰
⬆️The #asset is now between the local support level around $2,900 and the local resistance level around $3,300. During the spill, it broke the upward trading channel, tested the support level and started to form an #upward trading channel
✅ In the near future I expect a small corrective movement after which we will start an impulsive upward movement.
🔜I plan to enter the trade from the current (3140-3000$).
🛑 Stop loss will be at (2900$)
✅First take (3363$)
✅Second takeout (3920$)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 16% of net movement
#CryptoWatchMay2024 #altcoins
⬆️The #asset is now between the local support level around $2,900 and the local resistance level around $3,300. During the spill, it broke the upward trading channel, tested the support level and started to form an #upward trading channel
✅ In the near future I expect a small corrective movement after which we will start an impulsive upward movement.
🔜I plan to enter the trade from the current (3140-3000$).
🛑 Stop loss will be at (2900$)
✅First take (3363$)
✅Second takeout (3920$)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 16% of net movement
#CryptoWatchMay2024 #altcoins
Let's look at very interesting fundamental asset #C98
Coin98 ($C98 ) is a cryptocurrency that is part of a broad decentralized financial platform (DeFi) designed for various blockchain transactions, including cross-chain exchanges, staking, and yield farming.
Founded by Thanh Le in 2017, Coin98 aims to simplify users' interactions with various blockchain ecosystems through its multi-functional platform, which includes #Coin98 Wallet, an #exchange , and Space Gate cross-chain exchange bridge.
The asset moved in an upward trading channel for a long time, which we subsequently broke through during the mid-April spill.
We later began trading between global support at $0.23 and global resistance at $0.32. We are trading in equilibrium and forming an accumulation for further markup of the #asset In the short-term, I expect the start of an impulsive move and a break of the first global resistance level around $0.32. On LTF, the price has already started to form an ascending trading channel, which is a confirmation for us.
In the medium term I expect growth up to 0.4545$ where our local maximum is located. In order to break through this target we need to break through the whole area of increased volume.
Globally I expect growth up to $1, which from current values will be a little more than 3X.
Coin98 ($C98 ) is a cryptocurrency that is part of a broad decentralized financial platform (DeFi) designed for various blockchain transactions, including cross-chain exchanges, staking, and yield farming.
Founded by Thanh Le in 2017, Coin98 aims to simplify users' interactions with various blockchain ecosystems through its multi-functional platform, which includes #Coin98 Wallet, an #exchange , and Space Gate cross-chain exchange bridge.
The asset moved in an upward trading channel for a long time, which we subsequently broke through during the mid-April spill.
We later began trading between global support at $0.23 and global resistance at $0.32. We are trading in equilibrium and forming an accumulation for further markup of the #asset In the short-term, I expect the start of an impulsive move and a break of the first global resistance level around $0.32. On LTF, the price has already started to form an ascending trading channel, which is a confirmation for us.
In the medium term I expect growth up to 0.4545$ where our local maximum is located. In order to break through this target we need to break through the whole area of increased volume.
Globally I expect growth up to $1, which from current values will be a little more than 3X.
Let's look at very interesting fundamental asset #C98
🔋Coin98 ($C98 ) is a cryptocurrency that is part of a broad decentralized financial platform (DeFi) designed for various blockchain transactions, including cross-chain exchanges, staking, and yield farming. Founded by Thanh Le in 2017, Coin98 aims to simplify users' interactions with various blockchain ecosystems through its multi-functional platform, which includes #Coin98 Wallet, an #exchange , and Space Gate cross-chain exchange bridge.
📖The asset moved in an upward trading channel for a long time, which we subsequently broke through during the mid-April spill. We later began trading between global support at $0.23 and global resistance at $0.32. We are trading in equilibrium and forming an accumulation for further markup of the #asset
📌 In the short-term, I expect the start of an impulsive move and a break of the first global resistance level around $0.32. On LTF, the price has already started to form an ascending trading channel, which is a confirmation for us.
📌In the medium term I expect growth up to 0.4545$ where our local maximum is located. In order to break through this target we need to break through the whole area of increased volume.
📌Globally I expect growth up to $1, which from current values will be a little more than 3X.
#CryptoWatchMay2024
🔋Coin98 ($C98 ) is a cryptocurrency that is part of a broad decentralized financial platform (DeFi) designed for various blockchain transactions, including cross-chain exchanges, staking, and yield farming. Founded by Thanh Le in 2017, Coin98 aims to simplify users' interactions with various blockchain ecosystems through its multi-functional platform, which includes #Coin98 Wallet, an #exchange , and Space Gate cross-chain exchange bridge.
📖The asset moved in an upward trading channel for a long time, which we subsequently broke through during the mid-April spill. We later began trading between global support at $0.23 and global resistance at $0.32. We are trading in equilibrium and forming an accumulation for further markup of the #asset
📌 In the short-term, I expect the start of an impulsive move and a break of the first global resistance level around $0.32. On LTF, the price has already started to form an ascending trading channel, which is a confirmation for us.
📌In the medium term I expect growth up to 0.4545$ where our local maximum is located. In order to break through this target we need to break through the whole area of increased volume.
📌Globally I expect growth up to $1, which from current values will be a little more than 3X.
#CryptoWatchMay2024
Value Of $10,000 Invested 12 Years Ago...!!🤯🔥
#crypto2023 #Bitcon #storeofvalue #asset #cryptoonindia
#crypto2023 #Bitcon #storeofvalue #asset #cryptoonindia
if you want to know why I endorse the #DYMENSION #coin #DYM being launched today, pay attention to this analysis;
#Liquidity: The Dymension hub hosts an embedded liquidity layer that facilitates #asset pricing, swapping and efficient token routing across the ecosystem.
for this singular reason,I believe this token will fly.
This is not a financial advice rather I will encourage you to DYOR.
#Liquidity: The Dymension hub hosts an embedded liquidity layer that facilitates #asset pricing, swapping and efficient token routing across the ecosystem.
for this singular reason,I believe this token will fly.
This is not a financial advice rather I will encourage you to DYOR.
1. **MPCVault's Strong Growth:** Non-custodial encrypted wallet service MPCVault has achieved remarkable growth since its #launch in January. It now manages over $500 million in assets and has facilitated asset transfers totaling more than $1 billion.
2. **Innovative Multi-Signature Wallet:** MPCVault offers a #secure and efficient multi-signature wallet service that appeals to users seeking advanced asset management solutions. This service has driven the rapid expansion of assets under its management.
3. **Seed Funding and Market Demand:** Backed by a previously undisclosed $3 million seed funding received in March 2022, MPCVault's significant #asset growth underscores the rising demand for secure non-custodial #wallet options in the dynamic #cryptocurrency market.
2. **Innovative Multi-Signature Wallet:** MPCVault offers a #secure and efficient multi-signature wallet service that appeals to users seeking advanced asset management solutions. This service has driven the rapid expansion of assets under its management.
3. **Seed Funding and Market Demand:** Backed by a previously undisclosed $3 million seed funding received in March 2022, MPCVault's significant #asset growth underscores the rising demand for secure non-custodial #wallet options in the dynamic #cryptocurrency market.
- **#PayPal Pauses UK #crypto Purchases**: PayPal will temporarily halt #cryptocurrency purchases in the United Kingdom starting from October 1, 2023. The pause is due to the company's efforts to comply with new regulations introduced by the UK's Financial Conduct Authority (FCA).
- **Regulatory Compliance and Re-Enabling**: PayPal aims to re-enable crypto purchases in the UK in early #2024 after ensuring compliance with the new FCA regulations. During the pause, existing PayPal customers holding cryptocurrencies can keep them on the platform and sell them if desired.
- **FCA's Regulatory Landscape**: The decision aligns with the FCA's efforts to regulate the crypto industry more effectively. The FCA announced that only a small percentage of crypto license applicants have been registered since 2020. Additionally, by October 2023, crypto #asset firms must ensure their marketing strategies adhere to the UK's financial promotions regime.
$BTC $ETH $BNB
- **Regulatory Compliance and Re-Enabling**: PayPal aims to re-enable crypto purchases in the UK in early #2024 after ensuring compliance with the new FCA regulations. During the pause, existing PayPal customers holding cryptocurrencies can keep them on the platform and sell them if desired.
- **FCA's Regulatory Landscape**: The decision aligns with the FCA's efforts to regulate the crypto industry more effectively. The FCA announced that only a small percentage of crypto license applicants have been registered since 2020. Additionally, by October 2023, crypto #asset firms must ensure their marketing strategies adhere to the UK's financial promotions regime.
$BTC $ETH $BNB
Safe, formerly Gnosis Safe, serves as a highly secured asset management platform
According to a report by #Messari, over $50 billion #worth of assets are now stored in Safe (previously Gnosis Safe) #smart #contract accounts. Safe is an #asset management platform that offers highly secure storage for digital assets with its smart contract capabilities
$ETH
According to a report by #Messari, over $50 billion #worth of assets are now stored in Safe (previously Gnosis Safe) #smart #contract accounts. Safe is an #asset management platform that offers highly secure storage for digital assets with its smart contract capabilities
$ETH
Despite the decrease in value against the U.S. dollar, bitcoin has become the 12th largest valuation in the world, surpassing the market capitalization of payments giant Visa.
On Wednesday afternoon, BTC had a market valuation of $523.36 billion, which is $40.67 billion more than Visa’s.
However, the crypto asset’s market valuation is still below that of Meta (formerly Facebook), which is currently at $499.66 billion.
For bitcoin to become the 11th largest asset by valuation in the world, its market capitalization needs to increase by $30.06 billion, surpassing that of Meta.
#bitcoin #largest #asset #Bullish #cryptoonindia
On Wednesday afternoon, BTC had a market valuation of $523.36 billion, which is $40.67 billion more than Visa’s.
However, the crypto asset’s market valuation is still below that of Meta (formerly Facebook), which is currently at $499.66 billion.
For bitcoin to become the 11th largest asset by valuation in the world, its market capitalization needs to increase by $30.06 billion, surpassing that of Meta.
#bitcoin #largest #asset #Bullish #cryptoonindia
- The $GHO token has encountered its inaugural market liquidation, as reported by IntoTheBlock.
- The liquidation event involved the seizure of $697 worth of collateral linked to the token.
- The liquidator managed to gain a profit of about $33 from the process.
- This occurrence signifies a significant #milestone in the market activity of the $GHO token.
- The event highlights the inherent #risks and #rewards associated with the volatility of #digital #asset values.
$BTC $AAVE $PEPE
- The liquidation event involved the seizure of $697 worth of collateral linked to the token.
- The liquidator managed to gain a profit of about $33 from the process.
- This occurrence signifies a significant #milestone in the market activity of the $GHO token.
- The event highlights the inherent #risks and #rewards associated with the volatility of #digital #asset values.
$BTC $AAVE $PEPE
Choicese (CHC-SES) Revolutionizes Indian Asset Management with a Groundbreaking $10 Billion #Fund
In a move that signifies a major shift in the Indian financial landscape, Choicese (CHC-SES) has recently entered the market, wielding a formidable $10 billion fund. This entry not only diversifies the #asset management options available to Indian #investors but also introduces a new paradigm in personal financial management.
Key Offerings and Strategic Impact
Innovative Trading Platform: Choicese debuts with a cutting-edge trading platform, enhancing the #trading experience in equities, commodities, and currencies. The integration of advanced analytical tools and real-time maret updates positions investors to capitalize on market movements effectively.
Expansive Mutual Fund Selection: The company provides an extensive array of mutual funds, including equity, debt, and hybrid options. This broad selection caters to a variety of investment strategies and risk profiles, empowering investors with choices that align with their long-term financial aspirations.
Personalized Insurance Options: Emphasizing the need for comprehensive financial #security🔒 Choicese introduces a range of customized insurance products. This initiative ensures that clients have access to the right insurance coverage, from life and health to general insurance, catering to their unique circumstances.
Simplified Loan Processes: With a focus on accessibility, Choicese streamlines the process for obtaining personal loans. This approach minimizes paperwork and maximizes efficiency, addressing diverse needs like education, healthcare, and other personal investments.
In a move that signifies a major shift in the Indian financial landscape, Choicese (CHC-SES) has recently entered the market, wielding a formidable $10 billion fund. This entry not only diversifies the #asset management options available to Indian #investors but also introduces a new paradigm in personal financial management.
Key Offerings and Strategic Impact
Innovative Trading Platform: Choicese debuts with a cutting-edge trading platform, enhancing the #trading experience in equities, commodities, and currencies. The integration of advanced analytical tools and real-time maret updates positions investors to capitalize on market movements effectively.
Expansive Mutual Fund Selection: The company provides an extensive array of mutual funds, including equity, debt, and hybrid options. This broad selection caters to a variety of investment strategies and risk profiles, empowering investors with choices that align with their long-term financial aspirations.
Personalized Insurance Options: Emphasizing the need for comprehensive financial #security🔒 Choicese introduces a range of customized insurance products. This initiative ensures that clients have access to the right insurance coverage, from life and health to general insurance, catering to their unique circumstances.
Simplified Loan Processes: With a focus on accessibility, Choicese streamlines the process for obtaining personal loans. This approach minimizes paperwork and maximizes efficiency, addressing diverse needs like education, healthcare, and other personal investments.
👉👉👉 #tether CEO Paolo Ardoino Reveals His Next Big Project
Tether (USDT) CEO Paolo Ardoino has revealed that the company is gearing up to unveil its tokenization platform to the public.
Ardoino made the announcement via its official X account, hailing the platform as a "masterpiece" poised to redefine the #Tokenization landscape with its innovative features. Notably, the platform will operate on a non-custodial basis, granting users complete control over their assets.
In line with its vision, the platform is designed to support a diverse array of chains and #asset types, catering to a broad spectrum of user requirements. From traditional assets like bonds, stocks, and funds to unconventional items like coffee shop reward points, users will have the flexibility to tokenize virtually anything.
A key highlight of the platform, as highlighted by Ardoino, is its extensive customization options. Users will have the ability to tailor their experience to suit their specific preferences, ensuring a truly user-centric platform.
Ardoino emphasized that the platform will embody the technical prowess of Tether's technology, which underpins USDT, a digital asset with a market capitalization exceeding $107 billion.
(Note: This is not investment advice.)
#CryptoNews🔒📰🚫 #BinanceSquareTalks
Tether (USDT) CEO Paolo Ardoino has revealed that the company is gearing up to unveil its tokenization platform to the public.
Ardoino made the announcement via its official X account, hailing the platform as a "masterpiece" poised to redefine the #Tokenization landscape with its innovative features. Notably, the platform will operate on a non-custodial basis, granting users complete control over their assets.
In line with its vision, the platform is designed to support a diverse array of chains and #asset types, catering to a broad spectrum of user requirements. From traditional assets like bonds, stocks, and funds to unconventional items like coffee shop reward points, users will have the flexibility to tokenize virtually anything.
A key highlight of the platform, as highlighted by Ardoino, is its extensive customization options. Users will have the ability to tailor their experience to suit their specific preferences, ensuring a truly user-centric platform.
Ardoino emphasized that the platform will embody the technical prowess of Tether's technology, which underpins USDT, a digital asset with a market capitalization exceeding $107 billion.
(Note: This is not investment advice.)
#CryptoNews🔒📰🚫 #BinanceSquareTalks
Ripple's Head of Payments Product Brendan Berry draws parallels between crypto and TradFi technical stacks and numbers his "building blocks" of modern cryptocurrency systems.From fiat on-ramp to tokenization: Ripple's officer on digital asset systems
Fiat on-ramps, #asset tokenization and custody solutions remain the three pillars of digital asset services stack. This statement was made by Ripple's Head of Payments Product Brendan Berry in the latest episode of Crypto In One Minute education series by #Ripple's .
#Fiat on-ramps are crucial for bringing value from fiat money systems (cash, creditcards, bank deposits) to blockchain-based ones. Tokenization instruments allow doing the same with various classes of assets, including the likes of commodities, precious metals and so on.$XRP
FOllow usfor more information👨✈️
Fiat on-ramps, #asset tokenization and custody solutions remain the three pillars of digital asset services stack. This statement was made by Ripple's Head of Payments Product Brendan Berry in the latest episode of Crypto In One Minute education series by #Ripple's .
#Fiat on-ramps are crucial for bringing value from fiat money systems (cash, creditcards, bank deposits) to blockchain-based ones. Tokenization instruments allow doing the same with various classes of assets, including the likes of commodities, precious metals and so on.$XRP
FOllow usfor more information👨✈️
#BinanceLaunchpool
I prepared a global review on #ETH ⚪️ with a potential entry into the deal.
After a relatively strong correction, the #asset started to buy back, due to which 2 POI zones were formed, which at the moment are the main support zones. If correction starts, we would like to see the reaction from them.
From above, the magnets for the price are the uncovered imbalance at $3473 and a huge level with #liquidity located at the local high.
Potential setup for the deal is as follows:
Entry point: 2% 2957$ + 2% 2900$
🎯Take's:
1. 3100$
2. 3260$
3. 3420$
4. 3600$
5. 3725$
⛔️Stop-loss:
2785$
When entering a position, we strictly observe the Risks per transaction.
#bitcoinhalving
I prepared a global review on #ETH ⚪️ with a potential entry into the deal.
After a relatively strong correction, the #asset started to buy back, due to which 2 POI zones were formed, which at the moment are the main support zones. If correction starts, we would like to see the reaction from them.
From above, the magnets for the price are the uncovered imbalance at $3473 and a huge level with #liquidity located at the local high.
Potential setup for the deal is as follows:
Entry point: 2% 2957$ + 2% 2900$
🎯Take's:
1. 3100$
2. 3260$
3. 3420$
4. 3600$
5. 3725$
⛔️Stop-loss:
2785$
When entering a position, we strictly observe the Risks per transaction.
#bitcoinhalving
Navigating Short Squeeze Dynamics in the Cryptocurrency Landscape: Strategies and Insights
Examining the Concept of Short Squeeze in the Cryptocurrency Context
The phenomenon referred to as a "short squeeze" holds significant relevance for individuals engaged in the realm of investment and trading, particularly those who base their decisions on the expectation of a decrease in the value of a particular asset, encompassing both traditional stocks and cryptocurrencies. A short squeeze, also known as a "bear squeeze," materializes when the value of an #asset experiences a rapid and substantial increase, prompting those who had undertaken short positions to unwind their positions by purchasing the asset at a higher market rate.
Notably, within the cryptocurrency landscape, a short squeeze is often associated with market #manipulation due to its propensity to deviate from the projected trajectory of the asset's valuation. This divergence is often attributed to coordinated efforts among multiple traders. This intricate situation can yield profitable opportunities for certain participants while potentially exposing others to significant financial losses, particularly those whose carefully devised short-term strategies are disrupted.
Navigating Short Squeeze Dynamics in the Cryptocurrency Landscape:
Strategic Approaches for Navigating Short Squeeze Scenarios
A crucial factor driving pronounced short-term fluctuations in market dynamics, short squeezes possess the capability to generate substantial surges in asset prices. In light of this, the following strategic considerations are offered for effectively navigating instances of short squeeze:
Heightened Vigilance: The rapid and intense market movements inherent in short squeezes demand heightened vigilance. Neglecting to closely monitor these developments can lead to substantial losses, given the potential for price movements that surpass the bounds of typical market fluctuations.
Magnified Buyer Activity: The volatility associated with short squeezes tends to attract additional buyers, thereby amplifying purchasing activity and potentially propelling asset values to exceptionally high levels.
Prudent Risk Management: Implementing robust risk management strategies is essential, especially when holding short positions overnight, to mitigate the risk of being caught in the complexities of a short squeeze.
Nuanced Interpretation: Recognizing that endeavors to repurchase shorted assets are not universally driven by positive news is crucial. Certain circumstances, such as the recall of borrowed shares by the prime broker, can trigger a rush to repurchase assets.
Familiarity with Short Interest Ratio (SIR): Gaining proficiency in understanding the Short Interest Ratio (SIR) is pivotal. This metric gauges the ratio of shorted shares relative to the asset's average daily trading volume.
In conclusion, the concept of a short squeeze is a dynamic facet within the #cryptocurrency domain, underscoring its potential to disrupt anticipated trajectories and give rise to intricate market dynamics. Approaching such scenarios with astute comprehension and well-calibrated strategies is essential for investors seeking to navigate the nuanced terrain of short squeezes effectively.
I hope you like this Article, Don't Forget to Give a Like & Share with the #Crypto Community.
The phenomenon referred to as a "short squeeze" holds significant relevance for individuals engaged in the realm of investment and trading, particularly those who base their decisions on the expectation of a decrease in the value of a particular asset, encompassing both traditional stocks and cryptocurrencies. A short squeeze, also known as a "bear squeeze," materializes when the value of an #asset experiences a rapid and substantial increase, prompting those who had undertaken short positions to unwind their positions by purchasing the asset at a higher market rate.
Notably, within the cryptocurrency landscape, a short squeeze is often associated with market #manipulation due to its propensity to deviate from the projected trajectory of the asset's valuation. This divergence is often attributed to coordinated efforts among multiple traders. This intricate situation can yield profitable opportunities for certain participants while potentially exposing others to significant financial losses, particularly those whose carefully devised short-term strategies are disrupted.
Navigating Short Squeeze Dynamics in the Cryptocurrency Landscape:
Strategic Approaches for Navigating Short Squeeze Scenarios
A crucial factor driving pronounced short-term fluctuations in market dynamics, short squeezes possess the capability to generate substantial surges in asset prices. In light of this, the following strategic considerations are offered for effectively navigating instances of short squeeze:
Heightened Vigilance: The rapid and intense market movements inherent in short squeezes demand heightened vigilance. Neglecting to closely monitor these developments can lead to substantial losses, given the potential for price movements that surpass the bounds of typical market fluctuations.
Magnified Buyer Activity: The volatility associated with short squeezes tends to attract additional buyers, thereby amplifying purchasing activity and potentially propelling asset values to exceptionally high levels.
Prudent Risk Management: Implementing robust risk management strategies is essential, especially when holding short positions overnight, to mitigate the risk of being caught in the complexities of a short squeeze.
Nuanced Interpretation: Recognizing that endeavors to repurchase shorted assets are not universally driven by positive news is crucial. Certain circumstances, such as the recall of borrowed shares by the prime broker, can trigger a rush to repurchase assets.
Familiarity with Short Interest Ratio (SIR): Gaining proficiency in understanding the Short Interest Ratio (SIR) is pivotal. This metric gauges the ratio of shorted shares relative to the asset's average daily trading volume.
In conclusion, the concept of a short squeeze is a dynamic facet within the #cryptocurrency domain, underscoring its potential to disrupt anticipated trajectories and give rise to intricate market dynamics. Approaching such scenarios with astute comprehension and well-calibrated strategies is essential for investors seeking to navigate the nuanced terrain of short squeezes effectively.
I hope you like this Article, Don't Forget to Give a Like & Share with the #Crypto Community.
1. **Jump #crypto Leads Series A Funding:** Jump Crypto, a digital #asset platform, has spearheaded a $5 million Series A funding round for Xverse, a Bitcoin-focused web wallet. This investment is aimed at supporting Xverse's expansion and development efforts.
2. **Simplifying #cryptocurrency Management:** Xverse's web #wallet simplifies cryptocurrency management, with a specific focus on Bitcoin. Its cross-chain capabilities enable users to manage various blockchain assets and engage with decentralized financial (DeFi) services seamlessly.
3. **Enhanced Services and Industry Positioning:** The funding from Jump Crypto will propel Xverse's technology development, positioning it as a significant player in the industry. With growing cryptocurrency #adoption and user interest, Xverse's user-friendly services aim to bridge the gap for individuals seeking convenient access to and management of their digital assets.
$BTC $ETH $BNB
2. **Simplifying #cryptocurrency Management:** Xverse's web #wallet simplifies cryptocurrency management, with a specific focus on Bitcoin. Its cross-chain capabilities enable users to manage various blockchain assets and engage with decentralized financial (DeFi) services seamlessly.
3. **Enhanced Services and Industry Positioning:** The funding from Jump Crypto will propel Xverse's technology development, positioning it as a significant player in the industry. With growing cryptocurrency #adoption and user interest, Xverse's user-friendly services aim to bridge the gap for individuals seeking convenient access to and management of their digital assets.
$BTC $ETH $BNB
Is Bitcoin Creating Millionaires Faster Than Ever Before? 👀
#Bitcoin 's soaring value has led to a surge in millionaires, with over 91,000 wallets holding at least $1 million in BTC, nearly quadrupling since January 2023.
The cryptocurrency's resurgence from a prolonged bear market saw a 160% gain in USD value, propelling it to become the ninth most valuable #asset globally.
As interest grows, there's a potential squeeze in supply due to its fixed 21 million unit limit. A survey suggests around 40,500 individuals could hold wealth in Bitcoin, seeking financial security amidst potential crypto bans and stringent fiscal policies.
Moreover, the number of "wholecoiners" (those with at least 1 #BTC ) has surpassed 1 million for the first time.
#Binance
#crypto2024
#Bitcoin 's soaring value has led to a surge in millionaires, with over 91,000 wallets holding at least $1 million in BTC, nearly quadrupling since January 2023.
The cryptocurrency's resurgence from a prolonged bear market saw a 160% gain in USD value, propelling it to become the ninth most valuable #asset globally.
As interest grows, there's a potential squeeze in supply due to its fixed 21 million unit limit. A survey suggests around 40,500 individuals could hold wealth in Bitcoin, seeking financial security amidst potential crypto bans and stringent fiscal policies.
Moreover, the number of "wholecoiners" (those with at least 1 #BTC ) has surpassed 1 million for the first time.
#Binance
#crypto2024
