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Cardano Price Prediction: Cardano (ADA) has been experiencing a corrective phase for the past three weeks, largely influenced by broader market uncertainty, particularly around the Bitcoin ETF launch. From a recent high of $0.677, ADA price has fallen almost 30%, currently trading around $0.497. Despite this bearishness, there is a silver lining: a bullish reversal pattern is forming in the token. This suggests a potential opportunity for buyers to reignite the currency's recovery trend. $0.49786318 trading now Over the past seven months, Cardano price movements have largely stagnated, consistently struggling to stay above the $0.7 threshold. This prolonged sideways trend gradually transformed into a bullish 'cup and handle' pattern. This pattern is often seen as a precursor to an asset price bottoming out, followed by a sustained recovery. Currently, the ADA is in the process of forming a 'handle', a minor correction phase that typically gathers bullish momentum for a breakout above key resistance levels. With buying pressure building near the $0.46 support level, ADA's price is likely to rise 35%, challenging the neckline resistance at $0.677. A decisive breakout above this level could be an early indicator of a reversal, possibly sending the price up another 66% to a target of $1.135. Suggested Essays Is the ADA worth vulnerable to other amendments? The daily time frame chart for ADA shows a long-tail rejection candle at the $0.46 support level, indicating continued buyer interest during the bearish price. This support level, reinforced by the 50% Fibonacci retracement level and the 100-day exponential moving average (EMA), forms a strong demand zone, setting the stage for a bullish reversal. However, if buyers fail to maintain this key area, it could indicate strong selling pressure, leading to a possible extended decline and invalidating the bullish pattern. #BTC #ADAUpdate
Cardano Price Prediction: Cardano (ADA) has been experiencing a corrective phase for the past three weeks, largely influenced by broader market uncertainty, particularly around the Bitcoin ETF launch. From a recent high of $0.677, ADA price has fallen almost 30%, currently trading around $0.497. Despite this bearishness, there is a silver lining: a bullish reversal pattern is forming in the token. This suggests a potential opportunity for buyers to reignite the currency's recovery trend.
$0.49786318 trading now

Over the past seven months, Cardano price movements have largely stagnated, consistently struggling to stay above the $0.7 threshold. This prolonged sideways trend gradually transformed into a bullish 'cup and handle' pattern.

This pattern is often seen as a precursor to an asset price bottoming out, followed by a sustained recovery. Currently, the ADA is in the process of forming a 'handle', a minor correction phase that typically gathers bullish momentum for a breakout above key resistance levels.

With buying pressure building near the $0.46 support level, ADA's price is likely to rise 35%, challenging the neckline resistance at $0.677.

A decisive breakout above this level could be an early indicator of a reversal, possibly sending the price up another 66% to a target of $1.135.

Suggested Essays

Is the ADA worth vulnerable to other amendments?

The daily time frame chart for ADA shows a long-tail rejection candle at the $0.46 support level, indicating continued buyer interest during the bearish price. This support level, reinforced by the 50% Fibonacci retracement level and the 100-day exponential moving average (EMA), forms a strong demand zone, setting the stage for a bullish reversal. However, if buyers fail to maintain this key area, it could indicate strong selling pressure, leading to a possible extended decline and invalidating the bullish pattern.
#BTC
#ADAUpdate
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如果我们意见不一样,那可能你是对的
一、币圈要完?
最近很多行业内唱衰区块链的帖子都很火,很多行业外的人都在问我是不是区块链骗局结束了?圈内的在问是不是行业没搞头了?我们走到了周期的哪个阶段?对比好新闻,坏新闻更容易上头条,坏新闻也更容易获得更多的流量与关注,还有什么比币圈人唱衰币圈更值得嘲笑呢?这些行为与情绪不断传染,裹挟流量愈演愈烈,甚至一些有些OG退休也被放大为“币圈要完”的佐证,一些行业坚定的理想主义玩家也会和我聊天中透露出焦虑和迷茫。
其实焦虑的不只是币圈。我们生活在这个世界所以离不开环境、离不开水和空气,而投资市场是不是活跃则离不开经济周期,经济上行还是下行会决定大众的预算分配到哪里,作为一个普通人吃饱穿暖才会考虑投资,所以每次美联储的消息对币圈资深玩家来说就是市场走向的指挥棒,尤其是在币圈整体市场规模不断扩大,大型金融机构玩家的参与行业,区块链行业逐步趋于成熟,尤其在BTC和ETH的ETF获批后,作为投资品类中的一个“可配置资产”,币市和股市已经成为一体两面。
事后诸葛亮一下:过去十年,币圈发生了什么变化?我曾经把币圈比作狂野西部,那么早期涌入这个行业的人就是早期的西部掘金者,在经济上行周期里,一点点的资金溢出到币圈,也可以让币圈有几何倍的增长,而区块链行业野蛮生长的行业早期,只要敢梭哈,百倍千倍币也并不鲜见,这是早期利基市场及宏观经济的双重加持,在这样的环境里,今天这把梭哈错了,明天梭对一次就回来了。但随着时间的推移,经济进入另外一个循环,全世界消费降级,更多的玩家加入掘金队伍,挥着铲子的掘金玩家不断升级装备,而传统市场一级二级的专业玩家越来越多,每一个人都都会觉得“币圈不如之前好赚钱了”。
从比特币一遍又一遍被无数的人称为“旁氏骗局”,在主流圈层无数次口诛笔伐中走到比特币、以太坊的ETF获批,当然是了不起的胜利,同时我们可以看到传统金融在加密币的关联产品交易规模在稳定扩大,比如:CME和ETF的交易量。是的,大的来了,但来的方式跟大家想象中资本无脑接盘的方式不一样。就像互联网改变出版业,改变电视行业一样,不是一夜之间,而是润物细无声,带来的不只是比特币的上涨。
二、币安躺平了吗?
我们是风口的猪,踩中时代的脉搏,和用户站在一起才走到今天的币安。我们希望区块链行业不是小众玩家的游乐场,我们希望未来币安能服务十亿用户,我们希望能成为未来世界的基础设施,我们一直在为这个目标努力。当我们想要推动区块链行业的大规模采用时,当我们希望满足大部分人需求时,当我们需要保护绝大多数用户的权益与资产安全时,意味着我们需要在和理想和现实之间寻求平衡点。币安不是孩子了,所以我们需要和世界和解,需要合规、需要反洗钱,需要遵循传统金融行业已有的规则。历史总是在重复,互联网早期出现了无数的技术创新,而拐点是服务大部分人的公司成为今天的互联网巨头,而互联网早期的绝对自由主义最终的走向了暗网。
我们没有办法预测未来,所以只能以史为鉴,产品需要能服务大多数人才有可能成为未来世界的金融基建,币安的产品起于交易,而不止于交易,你会看到Earn、广场、pay、web3钱包的出现。我们希望去尝试,去摸索怎么样可以带跨越鸿沟,真正让区块链技术大众化,让普通人可以用区块链,而不仅仅是炒区块链,他们可以不知道什么是区块链技术,但受益于区块链,就像你的奶奶不懂互联网技术,但可以享受手机带来的便利。泡沫会破,而那些真正解决用户需求的产品会改变世界,会创造历史。

三、你的币上币安了吗?
社区这几天对币安上币的讨论很激烈,我们很认真看了大家的意见,无论过去认为币安上VC投资的币是背弃社区,还是觉得币安上MEME币是降低了上币标准,或者评判币安上TG游戏项目都是胡来,批判都是工作室玩家,包括老鼠仓的传闻也有介入调查,我们都有关注,并且不断在反思,“爱之深、责之切”,不在乎的人不会在你身上花时间。币安靠用户走到今天,每一个用户的意见都会重视,我试着解释一下人人喊打的上币基本框架和流程:
币安上币由商务、研究组、委员会、合规审核四个环节构成。
我大致总结一下,历届委员会留存的审美偏好,大致可以分为:
1)上用户需要的项目,有用户、有流量的项目,在过去的两个周期,我们上币有很多的错过,早期我们确实对MEMEcoin不够重视,所以在Shib、PEOPLE、PEPE,甚至最近的这些MEME项目上,都比较后知后觉涨很高了才上,以致于脸都被打肿了,这里的经验和教训是币安作为交易平台,不能自己觉得好,要用户觉得好。
在大小neiro之争上,也是因为社区的批评,我们更多在反思什么是好的MEME,如果MEME社区的本质是另外一场“反华尔街运动”,那代币高度集中,价格已经被Pump吹起来的,泡沫不知道什么时候破的MEME还是MEME吗?还是穿着MEME外衣的旁氏?所以上了几个相对代币分散的项目,且市值不高的MEME项目,初期筛选的项目十多个,很多都倒在了合规审核和代币集中程度上。
2)上活得久的项目;在上两个周期开始,一些传统VC开始大举进军币圈,频繁出手且大方慷慨,随后大家发现行业里稍微有点样子的项目都水涨船高,项目方在VC端拿到数亿甚至数十亿美金的估值后,手里有大笔的钱可以试错、调整方向,Matic那种低估值卖币的基建项目盛况一去不返,手里有大笔现金,谁还愿意以千万美金卖自己的币?决定他们代币价格的不是币安,是代币模型、流通量、买盘、卖盘,这些顶级团队的高估值项目身边自有大批的MM愿意为他们出谋划策来维持高市值,也自有大批交易所趋之若鹜,尤其是AMM带来DEX崛起,没有交易平台也不是不行。但不可否认,在其他项目起起落落时,他们活得久,且有更多机会。
很多人会说,这说明币安在失去话语权,是的,当然没有绝对的话语权,这恰恰是行业去中心化的特点,是金融专业玩家和DEFI崛起共同作用的结果,而这两者都是把行业带入下一个台阶的关键,如果没有资本的介入,加密货币怎么会成为美国大选的热门话题,去中心化,没有绝对的权威,这不正是这个行业的魅力所在吗?
3)上有商业逻辑扎实的项目,在过去的十年,经常听到一个言论:“币圈项目不需要商业模型,一有商业模型估值就可计算了”。但我认为无论Web2还是Web3,创业的本质是创造这个世界需要的东西,自然有人会为他付费,无论客户是B端,还是C端,融资的方式会变,但创业的本质不会变。从2017年的热潮开始,我一直在传达一个理念:发币是终身责任,是用长期信誉做担保,社区给你支持,但你的责任也更大,如果发完币直接抛售退休,那么一个人的信誉破产才是真正的破产。
因为我们喜欢那些有扎实的商业模型,有收入的项目,我们希望有这个团队靠谱,他们有创业的潜力,能承担起责任,我们还希望你估值不要太高,能照顾社区共同成长,我们希望你能赋能代币,因为如果你和用户站在一起,你的用户就会和你站在一起,如果哪个项目符合这些标准欢迎联系我们,或者在这个帖子下留言,或站内的公开申请链接填写信息。
官方商务TG联系方式:@BResearchBD
在上币流程和内幕交易的防范上,币安作为一个系统,我们考虑了所有的环节隔离信息,就像外界说的币安上币团队血洗了好几轮,目前币安做上币研究的人并不谈商务,谈商务条款并不知道什么项目进入观察池,每个人都只知道自己负责的项目进展,哪怕过了IC投票,这些项目也需要通过严格的受合规审核限制,随时可能取消。
按照交易所合规要求,所有币安员工都需要完成相关强制性合规培训。同时,币安内部还有独立的审计团队专门调查此类违规事件,若经查证存在信息泄露或内幕交易嫌疑,币安将立即启动司法程序将相关人员移送司法机关,严重者将面临刑事责任。
我们可以建立规则来约束人,但也不排除有现在的制度或者系统还有信息盲区,因此我们发布高额悬赏:欢迎所有知道任何涉及上币及其他贪腐行为的举报,或其他任何我们盲区的“上币观测指标”,如核实币安团队核实,我们将在保密你的身份同时,为您提供奖励1万美金~5百万美金的安全漏洞奖金;举报邮箱:audit@binance.com

四、如果我们意见不一样,那可能你是对的
过去的几个月,我很少发社交媒体信息,读书越多越觉得自己无知,对世界越发充满敬畏之心。我们都只是时代洪流的一粒沙,各种因缘巧合被卷到浪头,今天我所获得的一切,都是时代的产物,是全球化带来的经济高速发展,是在互联网崛起的信息扁平,是区块链行业从无到有的机遇,并不是因为我自己多天赋异禀,不过是行业早期“时无英雄 使竖子成名。”这意味着:“我不一定是对的”,因为按照前面说的上币的逻辑,比特币今天诞生,也不一定能通过IC,我不经意的一句话,不完整、不准确的表达可能会对社区带来不必要的误解与过度解读,所以越来越缺乏表达欲,偶尔看到一些误解,还是会试着解释,处处越描越黑。
每个人能看到的世界并不相通,我们可能是不同平行时空的交集,如果我的话对你有一点触动,可能走向的一个区块链行业更好的位面,如果我的话能让投资者DYOR,能让创业者愿意沉下来往前走,那我深感荣幸,每个人都只能看到自己的未来,你相信什么,就会构建什么,我们会去持续探索未来,就像刚刚进入这个行业的第一天一样,感谢你的同行。
ps:配图来自社区,感谢社区创作者❤️
Indonesian cryptocurrency exchange Indodax has reportedly fallen victim to a security breach, resulting in significant losses of approximately $20.5 million. According to blockchain security firm SpotonChain, the exchange experienced large outflows of cryptocurrency from its platform. Another security group, Cyvers Alerts, flagged suspicious transactions linked to Indodax’s wallets across multiple networks. Cyvers identified that around $14.4 million had already been moved to suspicious addresses, with tokens being swapped into Ether (ETH). PeckShield reported that 5,204 ETH was being held on Ethereum, along with 6.8 million POL on the Polygon network, and 380 ETH on Optimism. Following the breach, Indodax released a statement on X, stating that their security team was investigating the issue and conducting full maintenance to ensure platform stability. As a result, both the Indodax web and mobile applications were temporarily taken offline.  Source: Twitter Further reports suggest the hacker has managed to swap most of the stolen assets and now holds 5,584 ETH worth $13 million, 6.84 million POL worth $2.56 million, 16.7 million TRX valued at $2.55 million, and 25 BTC worth $1.41 million. Indodax, Indonesia’s largest crypto exchange, has not officially commented on the hack. The exchange, which serves a growing user base of over 28.5 million as of 2024, recently listed Islamic coins and other cryptos. Despite the security breach, Indodax recorded a 24-hour trading volume of $11.5 million, with Ethereum transactions accounting for $415,518 of that volume. #matic #PoolzFinance
Indonesian cryptocurrency exchange Indodax has reportedly fallen victim to a security breach, resulting in significant losses of approximately $20.5 million. According to blockchain security firm SpotonChain, the exchange experienced large outflows of cryptocurrency from its platform.

Another security group, Cyvers Alerts, flagged suspicious transactions linked to Indodax’s wallets across multiple networks. Cyvers identified that around $14.4 million had already been moved to suspicious addresses, with tokens being swapped into Ether (ETH).

PeckShield reported that 5,204 ETH was being held on Ethereum, along with 6.8 million POL on the Polygon network, and 380 ETH on Optimism. Following the breach, Indodax released a statement on X, stating that their security team was investigating the issue and conducting full maintenance to ensure platform stability. As a result, both the Indodax web and mobile applications were temporarily taken offline.

 Source: Twitter

Further reports suggest the hacker has managed to swap most of the stolen assets and now holds 5,584 ETH worth $13 million, 6.84 million POL worth $2.56 million, 16.7 million TRX valued at $2.55 million, and 25 BTC worth $1.41 million.

Indodax, Indonesia’s largest crypto exchange, has not officially commented on the hack. The exchange, which serves a growing user base of over 28.5 million as of 2024, recently listed Islamic coins and other cryptos. Despite the security breach, Indodax recorded a 24-hour trading volume of $11.5 million, with Ethereum transactions accounting for $415,518 of that volume.
#matic #PoolzFinance
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Ανατιμητική
OTC Bitcoin Wallets Swell Amid Low Volatility: 57,000 BTC Added In A Month – Details Over the last month, the price of Bitcoin has been subject to much turbulence, culminating in a total loss of 3.09% according to data from CoinMarketCap. Notably, despite intermittent waves of a price rally, The crypto market leader failed to reclaim the $65,000 price zone in all of August. However, amidst this bearish market, institutional investors have taken the opportunity to strengthen their position in the Bitcoin market. $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT) $SOL {spot}(SOLUSDT)
OTC Bitcoin Wallets Swell Amid Low Volatility: 57,000 BTC Added In A Month – Details

Over the last month, the price of Bitcoin has been subject to much turbulence, culminating in a total loss of 3.09% according to data from CoinMarketCap. Notably, despite intermittent waves of a price rally, The crypto market leader failed to reclaim the $65,000 price zone in all of August. However, amidst this bearish market, institutional investors have taken the opportunity to strengthen their position in the Bitcoin market.
$BTC
$BNB
$SOL
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Like and Win: Binance India Community, Welcome to Square!
Dear Binance India Community, welcome to Binance Square!
To show our excitement at you being with us, we are launching a “Like and Win” campaign that’s available just for you. Simply like at least one piece of content each day for 7 consecutive days during the campaign period and get a chunk of our prize pool of $5,000 in BNB token vouchers.
Campaign Period: 2024-08-16 11:00 to 2024-08-26 23:59 (UTC)
How to Participate:
Like at least one piece of content on Binance Square each day for 7 consecutive days during the campaign period.
Eligibility: 
This campaign is open only to users with India KYC.
Rewards:
All eligible participants will share a $5,000 in BNB reward pool, with rewards capped at $1 per participant.

About Binance Square

Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history.

For More Information
What Is Binance Square and Frequently Asked QuestionsBinance Square Creator Academy

Terms and Conditions:
The campaign is open only to users with India KYC.Rewards are capped at $1 per participant.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
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Like and Win: Binance India Community, Welcome to Square!
Dear Binance India Community, welcome to Binance Square!
To show our excitement at you being with us, we are launching a “Like and Win” campaign that’s available just for you. Simply like at least one piece of content each day for 7 consecutive days during the campaign period and get a chunk of our prize pool of $5,000 in BNB token vouchers.
Campaign Period: 2024-08-16 11:00 to 2024-08-26 23:59 (UTC)
How to Participate:
Like at least one piece of content on Binance Square each day for 7 consecutive days during the campaign period.
Eligibility: 
This campaign is open only to users with India KYC.
Rewards:
All eligible participants will share a $5,000 in BNB reward pool, with rewards capped at $1 per participant.

About Binance Square

Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history.

For More Information
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      A bullish falling wedge pattern appeared on Dogecoin’s chart, and a breakout could allow it to retest its April highs.  Both Dogecoin’s weekly and daily charts were painted green.  Whales were dominant in the market, but a key indicator turned bearish.  As the market turned bullish, several cryptos showed commendable performance, and Dogecoin [DOGE] was one of them. In the meantime, AMBCrypto found a bullish pattern on the memecoin’s chart, which could soon result in yet another bull rally.  Dogecoin’s promising performance  CoinMarketCap’s data revealed that DOGE was among the handful of cryptos that managed to pain their weekly charts green as DOGE was up by over 2%. Things got even better in the past 24 hours as the world’s largest memecoin’s price surged by over 5%. At the time of writing, DOGE was trading at $0.1096 with a market capitalization of more than $15.9 billion. Thanks to the memecoin’s bull rally last week, its weighted sentiment remained in the positive zone for the majority of the days. This meant that bullish sentiment around Dogecoin was dominant. Its social volume also remained relatively high last week, reflecting its popularity in the crypto space.  While DOGE’s price gained upward momentum, AMBCrypto found a bullish falling wedge pattern on its chart. The pattern emerged in April, and since then DOGE’s price has been consolidating inside it. In case of a bullish breakout, DOGE might retouch its April high in the coming weeks $XRP $BTC {spot}(BTCUSDT) {spot}(XRPUSDT)
 

 

 

A bullish falling wedge pattern appeared on Dogecoin’s chart, and a breakout could allow it to retest its April highs. 

Both Dogecoin’s weekly and daily charts were painted green. 

Whales were dominant in the market, but a key indicator turned bearish. 

As the market turned bullish, several cryptos showed commendable performance, and Dogecoin [DOGE] was one of them. In the meantime, AMBCrypto found a bullish pattern on the memecoin’s chart, which could soon result in yet another bull rally. 

Dogecoin’s promising performance 

CoinMarketCap’s data revealed that DOGE was among the handful of cryptos that managed to pain their weekly charts green as DOGE was up by over 2%. Things got even better in the past 24 hours as the world’s largest memecoin’s price surged by over 5%.

At the time of writing, DOGE was trading at $0.1096 with a market capitalization of more than $15.9 billion.

Thanks to the memecoin’s bull rally last week, its weighted sentiment remained in the positive zone for the majority of the days.

This meant that bullish sentiment around Dogecoin was dominant. Its social volume also remained relatively high last week, reflecting its popularity in the crypto space. 

While DOGE’s price gained upward momentum, AMBCrypto found a bullish falling wedge pattern on its chart. The pattern emerged in April, and since then DOGE’s price has been consolidating inside it.

In case of a bullish breakout, DOGE might retouch its April high in the coming weeks
$XRP $BTC
Binance Recovers $73 Million In Stolen Crypto Funds, Surpasses $55M Recovered In 2023 Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. The crypto exchange noted that the vast majority of these recoveries and freezes i.e. approximately 80% are related to hacks, exploits, and thefts happening externally. The remaining 20% are associated with scams taking place outside the Binance platform. Binance’s Chief Security Officer highlighted the company’s commitment to user protection and improving the security of the crypto ecosystem, leveraging blockchain technology to track and recover stolen funds. $SOL {spot}(SOLUSDT)
Binance Recovers $73 Million In Stolen Crypto Funds, Surpasses $55M Recovered In 2023

Binance’s security team has recovered or frozen over
$73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. The crypto exchange noted that the vast majority of these recoveries and freezes i.e. approximately 80% are related to hacks, exploits, and thefts happening externally. The remaining 20% are associated with scams taking place outside the Binance platform. Binance’s Chief Security Officer highlighted the company’s commitment to user protection and improving the security of the crypto ecosystem, leveraging blockchain technology to track and recover stolen funds.
$SOL
In Case You Missed It: The World's Biggest Oil Company Saudi aramco Generated $56B In Profits More Than NVIDIA, Meta & Tesla Combined While investors wait Patiently for any significant Al Profits from the Magnificient 7 and other Players, the Middle Eastern oil juggernaut keeps on Printing cash. aramco will also Pay a tasty $31B in dividends this quarter ($124B this year) to shareholders. A major recipient is the Saudi government, which is using the oil Profits to finance their ambitious Vision 2030. To Put this into Perspective, aramco generated more Profits than Nvidia, Meta & Tesla combined. Also more than Al giants Microsoft & APPle. Turns out People still need oil, who knew? Money Printer.
In Case You Missed It: The World's Biggest Oil Company Saudi aramco Generated $56B In Profits More Than NVIDIA, Meta & Tesla Combined

While investors wait Patiently for any significant Al Profits from the Magnificient 7 and other Players, the Middle Eastern oil juggernaut keeps on Printing cash.

aramco will also Pay a tasty $31B in dividends this quarter ($124B this year) to shareholders.

A major recipient is the Saudi government, which is using the oil Profits to finance their ambitious Vision 2030.

To Put this into Perspective, aramco generated more Profits than Nvidia, Meta & Tesla combined.

Also more than Al giants Microsoft & APPle.

Turns out People still need oil, who knew?

Money Printer.
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HomeCrypto NewsMarketXRP Bollinger Bands Tighten to Historic Levels, Mirroring Prior 60,000% Price Spike XRP Bollinger Bands Tighten to Historic Levels, Mirroring Prior 60,000% Price Spike XRP Bollinger Bands recorded one of the tightest monthly squeezes in the asset’s history, which previously resulted in a 60,000% price rally.The Great Mattsby (TGM), a seasoned technical analyst, called the investing public’s attention to this pattern in a recent analysis. Notably, the disclosure comes at a time when sentiments around XRP are generally down amid a persistent market downtrend.XRP has followed the broader market’s bearish trajectory, having collapsed 40% from its yearly top of $0.7440. This downturn was triggered by Bitcoin’s (BTC) crash amid sustained selling pressure by the German government and Mt. Gox. Despite a mild recovery this week, the momentum remains bearish.- Advertisement -XRP Bollinger Bands Tighten Amid ConsolidationAs bearish forces clash with a renewal of bullish pressure, the XRP market has slipped into a consolidation phase. TGM confirms that this occurrence has resulted in the tightening of the Bollinger Bands on the monthly timeframe.For the uninitiated, the Bollinger Bands tighten when the bands narrow, indicating low volatility in the market. This typically happens during periods of consolidation, where price movement is minimal. Santiment data indicates that XRP’s 1-day volatility has dropped to 0.00572 following a spike observed on July 5. This tightening of the Bollinger Bands often precedes a significant price movement or breakout. The price explosion occurs as the market shifts from consolidation to a more active phase. Interestingly, the tighter the Bollinger Bands squeeze, the more explosive the market could get. $XRP {spot}(XRPUSDT)
HomeCrypto NewsMarketXRP Bollinger Bands Tighten to Historic Levels, Mirroring Prior 60,000% Price Spike

XRP Bollinger Bands Tighten to Historic Levels, Mirroring Prior 60,000% Price Spike

XRP Bollinger Bands recorded one of the tightest monthly squeezes in the asset’s history, which previously resulted in a 60,000% price rally.The Great Mattsby (TGM), a seasoned technical analyst, called the investing public’s attention to this pattern in a recent analysis. Notably, the disclosure comes at a time when sentiments around XRP are generally down amid a persistent market downtrend.XRP has followed the broader market’s bearish trajectory, having collapsed 40% from its yearly top of $0.7440. This downturn was triggered by Bitcoin’s (BTC) crash amid sustained selling pressure by the German government and Mt. Gox. Despite a mild recovery this week, the momentum remains bearish.- Advertisement -XRP Bollinger Bands Tighten Amid ConsolidationAs bearish forces clash with a renewal of bullish pressure, the XRP market has slipped into a consolidation phase. TGM confirms that this occurrence has resulted in the tightening of the Bollinger Bands on the monthly timeframe.For the uninitiated, the Bollinger Bands tighten when the bands narrow, indicating low volatility in the market. This typically happens during periods of consolidation, where price movement is minimal. Santiment data indicates that XRP’s 1-day volatility has dropped to 0.00572 following a spike observed on July 5.

This tightening of the Bollinger Bands often precedes a significant price movement or breakout. The price explosion occurs as the market shifts from consolidation to a more active phase. Interestingly, the tighter the Bollinger Bands squeeze, the more explosive the market could get.
$XRP
COINTURK NEWS > Bitcoin (BTC) > Bitcoin Faces Pressure from Large Sell-Offs by Mt. Gox and German AuthoritiesBITCOIN (BTC)Bitcoin Faces Pressure from Large Sell-Offs by Mt. Gox and German AuthoritiesIn BriefBitcoin is under pressure due to significant sell-offs.Key resistance levels are $58,500 and $64,000.Potential scenarios depend on breaking resistance or falling below support. Bitcoin (BTC) is currently under significant pressure due to large sell-offs. Mt. Gox exchange and German authorities are rapidly liquidating substantial Bitcoin holdings. This situation affects market dynamics, causing price fluctuations. Germany plans to quickly liquidate its Bitcoin holdings. Recently, 16,038 BTC were transferred from government wallets to various crypto exchanges and market makers. Since June 19, a total of 26,071 BTC have been sold, leaving only 23,788 BTC in their wallets. Despite these challenges, there are critical support levels to consider. Contents Levels to Watch in BitcoinPotential Scenarios and Strategies for BTC Levels to Watch in Bitcoin In an article published on TradingView on July 9, analyst RLinda analyzed Bitcoin’s technical indicators and price movements. Technically, RLinda identified a flag formation in the Bitcoin market, indicating a potential upward breakout. This formation, combined with high fear and negative sentiment, suggests a possible end to the bearish phase and the beginning of bullish momentum. Access NEWSLINKER to get the latest technology news. The price is currently ranging between $58,500 and $53,500, indicating a consolidation period. Key resistance levels are identified at $58,500 and $64,000, while support levels are seen at $53,500 and $53,000. The growth in trading volumes and price stability around the lower boundary of the flag formation indicate strong buying interest. Buyers are creating a horizontal range between $58,500 and $53,500, preventing a potential decline. #Ton_Coin_Surge #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #BTC☀
COINTURK NEWS > Bitcoin (BTC) > Bitcoin Faces Pressure from Large Sell-Offs by Mt. Gox and German AuthoritiesBITCOIN (BTC)Bitcoin Faces Pressure from Large Sell-Offs by Mt. Gox and German AuthoritiesIn BriefBitcoin is under pressure due to significant sell-offs.Key resistance levels are $58,500 and $64,000.Potential scenarios depend on breaking resistance or falling below support.

Bitcoin (BTC) is currently under significant pressure due to large sell-offs. Mt. Gox exchange and German authorities are rapidly liquidating substantial Bitcoin holdings. This situation affects market dynamics, causing price fluctuations. Germany plans to quickly liquidate its Bitcoin holdings. Recently, 16,038 BTC were transferred from government wallets to various crypto exchanges and market makers. Since June 19, a total of 26,071 BTC have been sold, leaving only 23,788 BTC in their wallets. Despite these challenges, there are critical support levels to consider.

Contents

Levels to Watch in BitcoinPotential Scenarios and Strategies for BTC

Levels to Watch in Bitcoin

In an article published on TradingView on July 9, analyst RLinda analyzed Bitcoin’s technical indicators and price movements. Technically, RLinda identified a flag formation in the Bitcoin market, indicating a potential upward breakout. This formation, combined with high fear and negative sentiment, suggests a possible end to the bearish phase and the beginning of bullish momentum. Access NEWSLINKER to get the latest technology news.

The price is currently ranging between $58,500 and $53,500, indicating a consolidation period. Key resistance levels are identified at $58,500 and $64,000, while support levels are seen at $53,500 and $53,000. The growth in trading volumes and price stability around the lower boundary of the flag formation indicate strong buying interest. Buyers are creating a horizontal range between $58,500 and $53,500, preventing a potential decline.

#Ton_Coin_Surge #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #BTC☀
On July 8, the majority of altcoins were seen in the red, including BRETT, PEPE, WIF, which fell over 10% as Bitcoin, the world’s largest cryptocurrency, dropped 4% in the past day. At the time of writing, BRETT, the meme coin inspired by a character from the “Boy’s Club” comic, was still down 8% in the last 24 hours and 30% in the last 7 days. Over the last day, the crypto asset’s trading volume was hovering around $49.1 million. Moreover, the meme coin’s market cap has also fallen to $1.12 billion, bringing it down to the 62nd largest cryptocurrency per CoinMarketCap (CMC). Ethereum-based meme coin PEPE topped as the biggest loser on Monday morning, with a drop of 12% over the past day. Over the last week, the meme coin has also dropped by a major 30%. At press time, the meme coin inspired by the famous green frog meme had a daily trading volume of $768 million, while its market cap had fallen to $3.47 billion and now ranks as 24th among the top 100 largest cryptocurrencies. PEPE 24-hour price chart | Source: CoinMarketCap Meanwhile, Solana-based meme coin WIF was still down 11% over the last day, exchanging hands at $1.66 at the time of publication. Over the past week, the token also precipitated under 27%. Meanwhile, the dog-themed meme coin wearing a knitted pink hat has experienced a 14% rise in its daily trading volume, hovering around $468 million. Its market cap had fallen to $1.6 billion.WIF 24-hour price chart | Source: CoinMarketCap #pepe⚡ #BRETT #WIF_Usdt
On July 8, the majority of altcoins were seen in the red, including BRETT, PEPE, WIF, which fell over 10% as Bitcoin, the world’s largest cryptocurrency, dropped 4% in the past day.

At the time of writing, BRETT, the meme coin inspired by a character from the “Boy’s Club” comic, was still down 8% in the last 24 hours and 30% in the last 7 days. Over the last day, the crypto asset’s trading volume was hovering around $49.1 million. Moreover, the meme coin’s market cap has also fallen to $1.12 billion, bringing it down to the 62nd largest cryptocurrency per CoinMarketCap (CMC).

Ethereum-based meme coin PEPE topped as the biggest loser on Monday morning, with a drop of 12% over the past day. Over the last week, the meme coin has also dropped by a major 30%. At press time, the meme coin inspired by the famous green frog meme had a daily trading volume of $768 million, while its market cap had fallen to $3.47 billion and now ranks as 24th among the top 100 largest cryptocurrencies.

PEPE 24-hour price chart | Source: CoinMarketCap

Meanwhile, Solana-based meme coin WIF was still down 11% over the last day, exchanging hands at $1.66 at the time of publication. Over the past week, the token also precipitated under 27%. Meanwhile, the dog-themed meme coin wearing a knitted pink hat has experienced a 14% rise in its daily trading volume, hovering around $468 million. Its market cap had fallen to $1.6 billion.WIF 24-hour price chart | Source: CoinMarketCap
#pepe⚡ #BRETT #WIF_Usdt
HomeCrypto News Market Analyst Says A Final Shiba Inu Drop Before 131% Rise to $0.00003 Analyst says a final Shiba Inu drop before a 131% rise to $0.00003 Date: July 6, 2024 The widely followed market watcher at TradingView is suggesting that the Shiba Inu could experience a final drop before a huge rebound that could take it back to $0.00003. Today, Shiba Inu is down more than 14%, trading at $0.00001323 at press time. This massive price drop follows Bitcoin's recent retracement to the $53K range earlier today, which has started a bloodbath in the crypto scene.  Being a meme coin with high volatility, Shiba Inu was the main victim of the market-wide dump. This latest result is part of the bearish momentum in the crypto market since June. Trading at $0.00001323, Shiba Inu has lost 49.5% in the last 30 days. Notably, some market watchers expected this dip to emerge. As the predictions came to fruition, they became more certain that a comeback was underway for the Shiba Inu. Alan Santana, analyst at TradingView, is one such market watcher.  A final shiba inu drop before the bull party In a previous update, Santana suggested that the Shiba Inu will witness one final big price drop before a bullish party takes the stage. He first highlighted Shiba Inu's extraordinary performance earlier this year, noting that when considering the bullish wave on an annual scale, the asset has increased by 720%. Accordingly, analysts emphasize that Shiba Inu's current weak performance is a simple correction following its past strong performance. He expects another significant price drop, which he believes will lead to a short-term bounce and a second drop. According to him, this second drop will be final before a sustained period of significant growth.  Is the final drop already there? Shiba Inu traded at around $0.0000172 during the update on Wednesday. The next day, SHIB fell 18% to $0.0000146. Meanwhile, as of today, Shiba Inu has hit a new low of $0.00001294, a 12% drop from the previous low. #Shibusdt #US_Job_Market_Slowdown
HomeCrypto News Market Analyst Says A Final Shiba Inu Drop Before 131% Rise to $0.00003

Analyst says a final Shiba Inu drop before a 131% rise to $0.00003

Date:

July 6, 2024

The widely followed market watcher at TradingView is suggesting that the Shiba Inu could experience a final drop before a huge rebound that could take it back to $0.00003.

Today, Shiba Inu is down more than 14%, trading at $0.00001323 at press time. This massive price drop follows Bitcoin's recent retracement to the $53K range earlier today, which has started a bloodbath in the crypto scene. 

Being a meme coin with high volatility, Shiba Inu was the main victim of the market-wide dump. This latest result is part of the bearish momentum in the crypto market since June. Trading at $0.00001323, Shiba Inu has lost 49.5% in the last 30 days.

Notably, some market watchers expected this dip to emerge. As the predictions came to fruition, they became more certain that a comeback was underway for the Shiba Inu. Alan Santana, analyst at TradingView, is one such market watcher. 

A final shiba inu drop before the bull party

In a previous update, Santana suggested that the Shiba Inu will witness one final big price drop before a bullish party takes the stage. He first highlighted Shiba Inu's extraordinary performance earlier this year, noting that when considering the bullish wave on an annual scale, the asset has increased by 720%.
Accordingly, analysts emphasize that Shiba Inu's current weak performance is a simple correction following its past strong performance. He expects another significant price drop, which he believes will lead to a short-term bounce and a second drop.

According to him, this second drop will be final before a sustained period of significant growth. 

Is the final drop already there?

Shiba Inu traded at around $0.0000172 during the update on Wednesday. The next day, SHIB fell 18% to $0.0000146. Meanwhile, as of today, Shiba Inu has hit a new low of $0.00001294, a 12% drop from the previous low.

#Shibusdt #US_Job_Market_Slowdown
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CurveDAO (CRV) Nears All-Time Low Following Whale Deposit to Binance: On-Chain Data Alex Richardson   June 30, 2024  CRV, the native token of stablecoin lending platform CurveDAO, is close to all-time lows again as the ecosystem attempts a recovery from a large liquidation event this month. Blockchain tracking firm Lookonchain reports that a whale deposited over $6 million worth of CRV to Binance, presumably to sell at a loss. “The 22 million CRV was bought after the CRV liquidation, with a buying price of ~$0.33. Selling now will result in a loss of ~$1 million.” Source: Lookonchain/X On June 13th, Curve founder Michael Egorov announced that all of his loans, reportedly worth roughly $156 million, were liquidated. He also said that he sold millions of CRV tokens in an organized transaction to one of the partners of crypto asset investment firm NextGen Digital Venture. “The amount of CRV liquidations was very large for the market to handle in half an hour (1/3 of circulating supply or so), so to prevent any bad debt, I sold 30 million of my not yet vested CRV to @Christianeth on June 13th . Those 30 million CRV are being received by him in chunks by mid-August. If you see CRV transactions from my wallet to christian2022.eth, they are related to that deal…” On the same day of Egorov’s liquidation, CRV dropped to an all-time low of $0.239. Currently, CRV is trading at $0.28 and is now 98.3% down from its all-time high of $15.37. #DAO
CurveDAO (CRV) Nears All-Time Low Following Whale Deposit to Binance: On-Chain Data

Alex Richardson

 

June 30, 2024



CRV, the native token of stablecoin lending platform CurveDAO, is close to all-time lows again as the ecosystem attempts a recovery from a large liquidation event this month.

Blockchain tracking firm Lookonchain reports that a whale deposited over $6 million worth of CRV to Binance, presumably to sell at a loss.

“The 22 million CRV was bought after the CRV liquidation, with a buying price of ~$0.33.

Selling now will result in a loss of ~$1 million.”

Source: Lookonchain/X

On June 13th, Curve founder Michael Egorov announced that all of his loans, reportedly worth roughly $156 million, were liquidated. He also said that he sold millions of CRV tokens in an organized transaction to one of the partners of crypto asset investment firm NextGen Digital Venture.

“The amount of CRV liquidations was very large for the market to handle in half an hour (1/3 of circulating supply or so), so to prevent any bad debt, I sold 30 million of my not yet vested CRV to @Christianeth on June 13th . Those 30 million CRV are being received by him in chunks by mid-August.

If you see CRV transactions from my wallet to christian2022.eth, they are related to that deal…”

On the same day of Egorov’s liquidation, CRV dropped to an all-time low of $0.239. Currently, CRV is trading at $0.28 and is now 98.3% down from its all-time high of $15.37.
#DAO
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