$MLN /USDT Surges Past Key Levels – Prepare for the Next Move!
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$MLN is currently trading at $25.94, reflecting an impressive 12.44% increase on the 15-minute chart. With the price testing a 24-hour high of $26.20, bullish momentum appears strong. The next resistance lies at $26.20, while support is holding steady at $25.30. A potential breakout above $26.20 could open the door for short-term gains, making this an attractive opportunity.
Traders could consider entering a long position around $25.90 to $26.00, with close take-profit targets set at $26.10 (TP1), $26.30 (TP2), and $26.50 (TP3). To manage downside risks, a stop-loss at $25.10 is recommended. With the RSI showing overbought conditions, watch for possible volatility near resistance levels. Stay sharp and capitalize on this price action!
#MLN #MarketMajorComeback
BTC-инвестор получил тюремный срок за неуплату налогов
Житель Остина Фрэнк Альгрен III получил 2 года тюрьмы за налоговое мошенничество с биткоинами.
Он занизил прирост капитала от продажи BTC, что привело к налоговым потерям более $1 млн.
Альгрен продал 640 BTC за $3,7 млн в 2017 году, но подал ложную налоговую декларацию.
В 2018–2019 годах он скрыл продажу BTC на сумму $650,000, используя сложные методы сокрытия.
Это первое дело в США по уклонению от налогов, связанное исключительно с криптовалютой.
#BTC🔥🔥🔥🔥🔥 #инвестиции #cryptonews
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$ETH
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$BNB
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$TKO /USDT: Unveiling a Potential Breakout Moment – Act Swiftly!
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$TKO is trading at $0.6412, showcasing a robust 14.85% surge on the 15-minute chart. The coin has steadily climbed from a low of $0.5849 to challenge its recent high of $0.6600. Strong resistance lies at $0.6600, a level that could trigger a breakout if surpassed, while key support is identified at $0.6340.
Traders eyeing this momentum can consider entering around $0.6380 to $0.6415, targeting incremental gains at $0.6550 (TP1), $0.6650 (TP2), and $0.6700 (TP3). To mitigate risk, a stop-loss is advised at $0.6250. With TKO building pressure near resistance, the next few moves could shape a decisive trend. Stay sharp and manage your positions wisely!
#CryptoSignals #MarketMajorComeback
$PNUT is trading at 1.2219, down -1.76%, and has formed a double-top pattern at 1.2362, signaling a potential bearish reversal. The next bearish target is set at 1.1955, indicating further downside pressure.
Immediate support lies at 1.1800, and a breakdown below this level could accelerate the bearish trend. Resistance remains at 1.2362, and any upward move is likely to face selling pressure near this zone.
Traders should prepare for possible short opportunities, with tight stop-loss management to mitigate risks.
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#BinanceLaunchpoolVANA #BinanceListsVelodrome #BitcoinKeyZone
🚀 $DEGO /USDT is showing strong bullish momentum, with the price currently at $3.607, up by 11.81% in the last 24 hours. The 24-hour high is at $4.121 and the low at $3.003.
📈 According to BOLL indicators, the upper band is at $3.582, middle band at $3.218, and lower band at $2.853. The current price is at a potential resistance level of $3.671.
📊 Trading Signal: We anticipate that DEGO/USDT will continue its upward trend and potentially reach a target price of $4.193. Our recommended stop loss is at $3.149.
🔍 Keep an eye on the market depth and trade wisely on Binance with a 24-hour trading volume of 20.64M DEGO and 67.61M USDT.
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🚀 Exciting news for Bitcoin enthusiasts! Congressman French Hill, a known crypto advocate, is set to lead the House Financial Services Committee starting in 2025. This could mean big things for BTC and the broader crypto world! 🌟
Hill has been a vocal supporter of crypto legislation, aiming to clarify regulatory roles between the SEC and CFTC. His leadership might pave the way for a more defined crypto landscape, potentially benefiting Bitcoin's adoption and integration. 📈
With Hill at the helm, Bitcoin lovers can look forward to a future where BTC continues to shine amidst evolving regulations. Keep your eyes on the prize, Bitcoiners! 🥳
$ALCX /USDT: A High-Volatility Opportunity Awaits – Don’t Miss This Move!
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$ALCX is currently trading at $28.76 on the 15-minute chart, showing strong bullish momentum after breaking recent resistance levels. The next critical resistance stands at $29.10, with support holding firm at $28.00. A breakout above $29.10 could signal a continuation of this upward trend, presenting a short-term trading opportunity.
Traders can consider entering a long position around $28.70 to $28.80, targeting three close-profit levels: $29.00, $29.25, and $29.50. To manage risk effectively, a stop-loss at $28.30 is recommended. Stay vigilant as price action approaches the resistance zone, as volatility could drive significant moves in either direction.
#CryptoSignals #MarketMajorComeback
BlackRock Advocates for 1-2% Bitcoin Allocation in Traditional Portfolios
The world’s largest asset manager BlackRock has advocated for a 1% to 2% allocation in Bitcoin on the traditional 60/40 portfolio, composed of a larger portion of equities than bonds, drawing parallels to exposure to the “magnificent seven” stocks.
These stocks including tech giants Amazon and Apple, which according to BlackRock’s Chief Investment Officer for ETFs and Index Investments Samara Cohen provide an “example of single portfolio holdings that account for a comparatively large share of portfolio risk” and while they differ from BTC, these factors “make them a useful starting point for assessing the risk of a single holding.”
BlackRock’s report notes Bitcoin has historically a low correlation with traditional markets and has potential as a valuable diversifier. This low correlation, it adds, has been evident since June 2022 and is attributed to factors including declining confidence in traditional banking systems and growing geopolitical tensions.
Per BlackRock’s research, a 1% allocation contributes approximately 2% to overall portfolio risk, while a 2% allocation to Bitcoin increases it to 5%.
Higher allocations, the firm warns, significantly simplify risk. Cohen warned that future price appreciation may become more difficult as the return characteristics of BTC are “likely to change significantly once we reach a target state where potentially the portfolio allocation is much more tactical like gold.”
📢 LIP #012 is Now Live!
LIP #012 - Listing PumpBTC as a Collateral in the Innovation Zone
This proposal aims to add PumpBTC, a liquid staking token for BTC, as collateral in Lista DAO’s Innovation Zone.
Vote now: https://t.co/kueUgNe2iX
Voting Period: 13/12/2024, 5 PM - 16/12/2024, 5 PM (UTC +8)
About PumpBTC
PumpBTC is a liquid staking solution on Babylon, allowing BTC holders to stake their assets and receive PumpBTC at a 1:1 ratio with WBTC/BTCB. This ensures users retain liquidity for their BTC while earning staking rewards.
Proposed Parameters
Minimum Collateralization Ratio (MCR): 200%
Borrow Limit: 100,000 lisUSD
Mint Fee: 0%
Borrowing Rate: Dynamic rate
Withdrawal Options: PumpBTC
Withdrawal Fee: 0%
Minimum Borrow Amount: 15 lisUSD
Minimum Collateral Deposit: 0.001 PumpBTC
Benefits
🔹 Unlock BTC liquidity for lisUSD borrowing.
🔹 Attract Bitcoin users and boost TVL.
🔹 Bridge Bitcoin into DeFi with ease.
Risks: Adoption and liquidity challenges during market volatility.
Yes: To approve PumpBTC as collateral.
No: To keep current collateral options.
Solana Surpasses Ethereum in New Crypto Developers
The developer population in the cryptocurrency space declined by a modest 7% from a year ago, with the total number of active developers dropping to 23,613 in November. The Solana ecosystem has emerged as the most popular platform for new developers, experiencing an 83% rise in developer activity.
The network surpassed Ethereum in the metric in July. IT attracted 7,625 new developers over the year, the most of any chain and over 1,000 more than the second-largest cryptocurrency by market capitalization Ethereum.
Ethereum’s developer count dropped by around 17%, according to a recent report from Electric Capital, which details that despite Solana’s growth Ethereum is still ahead in developer talent, as its deep network effects help it maintain the biggest developer ecosystem.
Over half of Ethereum’s developers are working on Layer-2 networks built on top of it, including Arbitrum, Base, and Optimism. The report has also shown that the cryptocurrency developer community is becoming increasingly global, with Asia surpassing North America as the continent with the highest number of developers.
$WRX /USDT ALERT: Critical Levels in Focus! 🔥💯
$WRX is trading at $0.2399, showing a sharp 10% surge after breaking above its key consolidation zone near $0.2300. This breakout signals potential bullish momentum if it sustains above resistance.
💡 Trade Setup:
• Long Entry: Above $0.2410, targets at $0.2440, $0.2480, and $0.2530.
Stop Loss: Below $0.2340.
• Short Entry: Below $0.2300, targets at $0.2250 and $0.2180.
Stop Loss: Above $0.2360.
Market Outlook: The breakout above $0.2300 suggests a bullish continuation. However, failure to hold above $0.2410 may invite selling pressure. Watch for a retest of key levels!
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#MarketMajorComeback #SuiHitsNewATH #BitcoinKeyZone #BinanceListsVelodrome #BinanceLaunchpoolVANA
Trump-backed World Liberty Financial (WLFI) invested $5M in ETH, LINK, and AAVE:
2,631 $ETH at $3,801
41,335 $LINK at $24.2
3,357 $AAVE at $297.8.
#WLFI will use these assets to support its DeFi platform.
#WorldLibertyFinancial #Trump
🚨 $PUNDIX ALERT: BULLISH MOMENTUM IN PLAY – WILL IT CONTINUE? 🚨
$PUNDIX is trading at 0.5718, up 6.60%, after rebounding from its 24-hour low of 0.5349. The price hit a 24-hour high of 0.6247, showing significant volatility and potential for more upside.
Key Levels to Watch:
Resistance: 0.6247 – A breakout above this level could propel PUNDIX toward 0.6500.
Support: 0.5633 – Holding above this level is crucial to maintain the bullish trend.
Market Sentiment:
With a trading volume of 18.61M PUNDIX, investor interest remains strong. If buying momentum continues, we may see PUNDIX testing higher resistance levels soon.
📌 Pro Tip: Use a stop-loss below 0.5500 to protect against unexpected reversals while targeting profits at higher levels.
#CryptoSignals #BinanceUpdate #CryptoTrading #Write2Earn #Share1BNBDaily
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