Shiba Inu Burn Rate Rockets 1600% As Community Burns 89 Mln SHIB

Shiba Inu meme coin nabs significant attention globally as the token noted a colossal upswing in its burn rate.Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, once again stirred a whirlpool of speculations across the broader crypto market on Tuesday as the token recorded a staggering surge in its burn rate. As per on-chain data hovering over the crypto horizon, over 36 million SHIB burnt over the past day, caught the eyes of crypto market enthusiasts.
Always DOYR
#SHIBA✅🚀 #BTC.😉. #TrendingTopic

#BITCOIN DAILY TF UPDATE :

#BITCOIN doesn't played that well, and moved in a range. Price Retesting the Resistance zone around $26,600 and failing to break it. Well, its weekend now, expecting the volume to dried up more. A Rejection is expected through the level as overall, trend is down.
$BTC $BNB $ETH
#BinanceTournament #Binance #crypto2023 #cryptocurrency #bitcoin

#BTC.D nearly reversed from the major support zone and broken the structure too. Due to this, Altcoins made some crash over the short period of time. 50.64% is the next Resistance area where index can reach, so tighten the strong in open trades.
$BTC $ETH $BNB #crypto2023 #Binance #cryptocurrency #dyor #bitcoin

$BTC BTC did what we said, price rejected nearby its drawn up resistance zone around $26,600 and dropped. Well, now we can expect a new lower low to form and tapping below $25,000 support.
$ETH $BNB
#BinanceTournament #crypto2023 #bitcoin #Binance #cryptocurrency

🚨 Binance will remove BUSD.

Busd on bep-20 by binance
Busd on ERC-20 by Paxos

Binance holding the same amount of busd on erc-20 network and backing busd on bep-20 pegged.

Convert Your BUSD to USDT or USDC.

#cryptocurrency #BinanceTournament #busd #Binance

#BITCOIN WEEKLY UPDATE :

#BITCOIN did a minor retracement and it can go further, and on Daily TF, this week did a range and altcoins too. Drop is still expected till the support zone of $24,150 - $24,600. Always Keep in mind that, We're strongly Bearish.

#crypto2023 #cryptocurrency #bitcoin #Binance

Thought on Market

Funding Rates are positive for BTC, peoples
are long for BTC on several exchanges

before 27 - 28k, I'm expecting a Liq Sweep below 25k is possible, 👀

#crypto #bitcoin #Binance #BinanceTournament
$BTC $ETH $BNB

The biggest risk in this market is not taking a risk.

Don't be afraid to make mistakes, but don't make such a big mistake after which u can't make another mistake. Learn from your mistakes and u will make it .

Next 2-3 years gonna be massive and life changing for many of you. Be prepared for it and plan it accordingly 🤝🏻

#cryptocurrency #crypto2023 #BinanceTournament #Binance #bitcoin

$BTC Update

From the beginning of year, we have seen a simple pattern that a big move in a week and then goes sideways for 1-2 months.

Similarly, expected market to be sideways after the dump which happened and expected to form a potential local bottom in September.

Remember bottom is formed when there is a lots of FUDs and bad news all around. Looking forward to buy heavily at panic :)

#BTC #bitcoin #crypto2023 #Binance

There are two scenarios. 🕶️
either #Bitcoin will quickly rise to the 40k band. $BTC

Or 23k will either make a rapid decline and then quickly rise to 40k.

Then the #Altcoin #Rally will begin. $XRP
There's very little left, I can smell it.😼
#BinanceTournament #market #crypto2023 #cryptocurrency #XRP

📌 Binance burns $484 million worth of BNB in its 24th quarterly burning event

🟠According to Binance, 1,991,854 BNB tokens were destroyed

✅ Since we can see a high volatility in the market today due to CPI, I expect $BTC to sweep Monday's high (31000$) with a wick and take away that FVG and then go down as we planned.

➡️If you want to take new btc short position or add to existing one then u may put a limit short order at around 31k$ and SL around 32k$, TPs will update.

Cheers! 🤝🏻

#BinanceTournament #bitcoin #marketupdate #crypto2023 #Binance

🥇 $BTC Update

➡️Same plan, Below 29500$ Bears will takeover the control and above 31500$ Bulls will takeover the control. Market is chopping in between and expecting a big move soon, most probably downside but let's see!

My Opinion :-
✅Still holding swing shorts :)

#BinanceTournament #crypto2023 #Binance #market

✅ Important Events This Week:

1. CPI Inflation data - Wednesday
2. PPI Inflation data - Thursday
3. Jobless Claims - Thursday
4. Consumer Sentiment data - Friday
5. Q2 2023 bank earnings begin
6. Total of 8 Fed speakers this week

Expecting volatility this week 🔮

#GOATMoments #BinanceTournament #Binance #crypto2023

📣Arbitrum DAO locks up $770 million in ARB tokens into vesting contract.

➡️Arbitrum’s DAO approved an improvement proposal to lock 700 million ARB tokens worth $770 million in a vesting contract.
➡️The contract will incrementally release the funds to the Arbitrum Foundation over a four-year period.
#BinanceTournament #GOATMoments #crypto2023 #Binance #arbitrum

$BTC technically made an equal high and just swept it which can also be called as liquidity grab and it should dump from here as a local top is made here!

Other case : BTC directly pumps towards 32k$ from here instead of dump and in that case be prepared to close the shorts out. Work as per previous plan, no emotions :)

#BinanceTournament #feedfeverchallage #bitcoin #crypto2023

Market looks very boring and here where most people get capitulated.

Like a month ago when $BTC was ranging between 25-26k$ for like 20 days and a lots of FUDs came in, that's where retailers became bearish and after that an impulsive move towards 31k$.

Similarly, now market in ranging between 30-31k$ for 15 days with a lots of bullish news making everyone bullish. The next move will be an impulsive move and a dump towards 25-26k$ so be prepared.

What I am doing?
- Currently holding $BTC shorts with average entry around 30800$ with proper risk management.
- Booked profit in all of my short term spot bags which I bought when everyone is in panic.
- Sold a small part of my long term portfolio to re-buy at dip.

#BinanceTournament #Binance #bitcoin #feedfeverchallage #marketupdate

If the resistance at $31,500 is taken out it will open a clear path for the price to approach the next supply zone at $36,800. It is important to be cautious of the RSI at the moment which is why traders could wait for the resistance to be flipped to be on the safer side!

#BinanceTournament #crypto2023 #bitcoin #cryptocurrency

💻 Over $656M lost from crypto hacks, scams and rug pulls in the first half of 2023.
Approximately $215 million of stolen assets have since been recovered.

The total value of cryptocurrencies lost in scams, hacks and rug pulls amounted to $656 million during the first half of 2023. This includes the loss of $471.43 million in 108 protocol attacks, $108 million in various phishing scams and $75.87 million over 110 rug pulls. For hacks, the amount represented a significant decrease over H1 2022 and H2 2022, where $1.91 billion and $1.69 billion were lost, respectively.

#scam #BinanceTournament #bitcoin #crypto2023 #crypto

🥇 $BTC Update :

Current price action looks like the similar one when BTC was at 25k$.

✅Impulsive move > Distribution > Dump

#Bitcoin testing 31k zone multiple times and rejecting from it similar to when #Bitcoin was testing 25k zone multiple times before dump.
#BinanceTournament #Binance #bitcoin #crypto2023 #crypto