🗳️ Crypto Craze in Swing States! 🗳️
Digital assets might not headline the US presidential elections, but they’re definitely a hot topic in swing states! According to a16z’s “State of Crypto 2024” report, Pennsylvania and Wisconsin have seen a massive spike in crypto searches since 2020. Michigan and Georgia are also riding the crypto wave, while Arizona and Nevada are cooling off a bit.
- Over 40 million Americans now hold cryptocurrencies.
- 41% of swing state voters are Democrats, 39% Republicans, and 20% Independents.
- 25% of Americans aged 18-34 own crypto.
With Bitcoin and Ethereum ETPs making crypto more accessible, the number of holders is set to grow. 💰
What’s your take on crypto’s role in the elections? Drop your thoughts in the comments!
Maker (MKR) Faces Significant Downtrend Amid Market Volatility
Maker (MKR) has experienced a substantial decline, trading at $1,292.74 after a 6.57% drop in the last 24 hours. The cryptocurrency has underperformed against Bitcoin (BTC) and Ethereum (ETH), with losses of 8.98% and 7.75% respectively. Over the past month, MKR has fallen by 14.14%, and it is down 7.20% year-over-year.
The broader market sentiment remains bearish, with the Fear & Greed index indicating "Greed" at 73. Despite predictions of a 35.82% rise in the next five days, the medium and long-term outlook for MKR remains pessimistic. Key support levels to watch are $1,270.05, $1,215.88, and $1,133.10, while resistance levels are at $1,407.01, $1,489.79, and $1,543.96.
Investors should exercise caution as the cryptocurrency market continues to display high volatility.
**Crypto Interest Surges in Swing States Ahead of 2024 Elections**
Digital assets are gaining traction among voters in key swing states, according to a16z’s “State of Crypto 2024” report. Pennsylvania and Wisconsin, both pivotal in tight races, have seen significant increases in cryptocurrency search interest since the 2020 elections. Michigan and Georgia also report a surge, while Arizona and Nevada show moderate declines.
The report highlights that over 40 million Americans now hold cryptocurrencies, with a notable portion supporting crypto-friendly candidates. Among swing state voters, 41% are Democrats, 39% Republicans, and 20% Independents or others.
A key topic is the potential for a US central bank digital currency (CBDC). While the Federal Reserve has been exploring a digital dollar since 2020, stablecoins backed by private companies are currently filling the gap, supporting the dollar’s global reserve status. Stablecoins have facilitated $8.5 trillion in transactions in Q2 2024, surpassing Visa’s $3.9 trillion.
Stay tuned as crypto continues to shape voter priorities in the upcoming elections.
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$BAR /USDT Technical Analysis Update 🎯
💹 Current Price: $2.12 (+13.12%)
Fan Token | 24h High: $2.22 | 24h Low: $1.87
Key Targets to Watch:
1. 🎯 Target 1 - $2.22 (24h High)
Reaching this level again would show strong bullish momentum. Watch for increased buying pressure to see if it holds or surpasses this point.
2. 🎯 Target 2 - $2.30 (Potential Breakout Zone)
If the price pushes past $2.22, the $2.30 level could become the next resistance, setting up a potential breakout. This level could indicate heightened interest in the BAR fan token, especially if trading volume supports the move.
3. 🎯 Target 3 - $2.50 (Extended Bullish Target)
This is the upper range target, which could be reached if momentum continues upward. Breaking this level would show very strong demand for BAR and may attract more buyers.
📊 Moving Averages:
MA(7): $1.989
MA(25): $1.894
MA(99): $1.769
Keep an eye on these targets and volume indicators for potential entry and exit points.
Update: 2024-10-12, 17:00
#ARB — analysis of medium-term movement📈
If we look at the medium term, the price has been moving within the ascending channel since August and has currently rebounded from its lower boundary, which indicates the potential for movement to the upper one, in the area of $0.7 🔼
❗️ The nearest resistance is the zone 0.59-0.60$, where the mirror resistance zone and MA200 are located. Its breakthrough will confirm further growth, and the zone itself will act as support in the future.
📝 Therefore, we are waiting for confirmation and when the indicated marks are broken, we can open long positions. But in any case, we will have to watch the general dynamics of the market movement.
#arbusdt #TrumpDeFi #MemeCoinTrending #BTCSoarsTo68K
$ARB $BTC $BNB
🚀 Ready for the next big thing in crypto? October 2024 is heating up with some exciting presales! 🌟
🔍 Check out BlockDAG, EarthMeta, CRUDO, & 5thscape, all poised to be major players in the upcoming bull run. These projects are generating buzz and could be game-changers!
📈 As always, do your own research and stay informed. The market looks promising, and these presales might just be your ticket to the moon! 🌕
💬 What are your thoughts on these projects? Drop your predictions and let's discuss in the comments! #DeFi #BTC #ETH #Altcoins #CryptoNews
🚨 $148 Million Liquidated: PREPARE FOR MARKET VOLATILITY
The cryptocurrency market just saw a massive $148 million in liquidations within the last 24 hours! Most of it came from long positions, with Bitcoin leading the way, accounting for nearly $45 million. Ethereum wasn't far behind with $20 million.
The market is on a wild ride, and while Bitcoin surged up to 68k, it didn't bring the alts with it. But trust me, when BTC starts to drop, it's going to take the alts down with it.
This is a warning—stay cautious and protect your positions. The volatility is real, and it’s only a matter of time before the correction hits. Don't get caught off guard.
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#BTCSoarsTo68K #TeslaTransferBTC #TrumpDeFi #BNBRisesTo600 #EmperorMajesty $BTC $ETH $SOL
📊#BTC Divergence Phase, how should we trade?
🧠From a structural perspective, we can clearly see the existence of a long structure, so the general direction is a long trend, so long trading is the main focus, trend trading will be easier, and the profit will be enough.
➡️If you want to short, it is a counter-trend trade, so counter-trend trading needs to be more conservative, and you need to try it in the heaviest resistance area, and you also need to participate in combination with the short structure.
➡️So, even if you want to short, I am only interested in the resistance area of 70080-72144, or wait until a new high is reached to build a short structure before participating.
⚠️It’s not that I don’t do long trading, but the market does not give us the opportunity to enter, so we can only be more patient.
Let’s see👀
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#Wolf_king88 $BTC
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🌟 #Bitcoin Bull Flag Formation: Is a Breakout Imminent? 📈
🚀 Bitcoin's daily chart is showcasing what might be the beginning of a significant **bull flag formation**. If this pattern plays out, we could see #BTC surge towards $72,000 to $75,000 !
🔍 Key Levels to Watch:
- Support: $66,000
- Resistance: $68,000
A clear break above $68,500 could be the green light for bulls, confirming the pattern and potentially setting the stage for the next big move.
Are we on the brink of another #BTC breakout, or is this consolidation just a pause before continuation? Keep your eyes peeled on these levels, crypto enthusiasts!
#CryptoAnalysis #BullFlag #BitcoinBreakout
Today marks the commencement of the Omni Research Symposium!
The Omni Research Symposium is a chain-abstraction research competition with the blockchain clubs from Harvard, Stanford, Dartmouth, and Yale.
Participants will explore topics related to chain abstraction such as solver rebalancing, universal accounts, value accrual, and cross-chain MEV.
Teams will submit research reports judged by Omni and @PanteraCapital on the basis of novelty, effective use of data, and technical accuracy. Particular credit will be given to those who approach these topics in innovative, data-driven ways.
The competition will also feature our research partners – @arbitrum, @ParticleNtwrk, @EverclearOrg, @lifiprotocol, @gauntlet_xyz, @therollupco, and @privy_io – who will be available to guide students through their research.
Full details can be found on the official Research Symposium website below.
Let the games begin!
💥💥 The Dutch Man Who Bet Everything on Bitcoin – Visionary Move or Reckless Gamble?💥💥
2017: The Bold Decision
In a move that stunned many, Didi Taihuttu sold his house, car, and most of his possessions to invest everything in Bitcoin. At the time, Bitcoin's extreme volatility led many to view his decision as reckless and financially unwise. However, Taihuttu firmly believed in Bitcoin’s future as the foundation of a new financial system.
💡 Embracing Risk: A Bold Bet on the Future of Finance
Despite skepticism from friends and family, Taihuttu remained committed to his vision. He embraced the philosophy that major rewards often require taking significant risks. Even through Bitcoin’s price swings, Taihuttu stayed the course, driven by his belief in its transformative potential.
🚀 From Market Volatility to Financial Freedom
By 2020-2021, Bitcoin’s dramatic rise proved his gamble to be a success. Taihuttu’s initial investment multiplied into a substantial fortune. Instead of returning to a conventional lifestyle, his family chose to travel the world, living off their crypto earnings and embracing a nomadic lifestyle.
⚠️ From Risk-Taker to Crypto Visionary
What once seemed like a reckless gamble is now celebrated as a visionary move. Taihuttu’s journey is a powerful reminder that bold investments in emerging technologies require both courage and patience. His story symbolizes the rewards of acting with conviction even when others doubt, and highlights the importance of vision and resilience in the unpredictable world of digital assets.
Taihuttu’s experience inspires those seeking financial freedom—proving that fortune often favors the bold.
#MemeCoinTrending #BTCBreaks66K #GrayscaleConsiders35Cryptos #BNSOL #USStockEarningsSeason
One Day: $753 Raised by Trump-Backed World Liberty Financial
The public token sale of World Liberty Financial (WLFI) has generated $9.57 million, with 638,000,000 WLFI tokens sold as of this morning at 8:30 UTC+8. This decentralized finance (DeFi) initiative has Donald Trump's support. According to Wu Blockchain, despite the sale's many problems—including website outages—during debut, it has attracted a lot of attention.
World Liberty Financial, a DeFi initiative supported by Donald Trump, has raised $9.57 million (or 638,000,000 WLFI tokens) in its public auction as of this morning at 8:30 UTC+8. At the launch of the token sale, the website went down more than once. The first auction by WLFI aims to generate $300...
Launch day fundraising for the WLFI project was scheduled for $300 million. Its astounding $1.5 billion value is based on the 20% of its token supply that has been set aside for sale. Holders of WLFI, a governance token, will be able to take part in a range of DeFi activities, including borrowing and lending. Over 100,000 certified investors in the US have allegedly pre-approved the initiative, showing substantial early support.
A rising interest in cryptocurrency initiatives linked to notable personalities like Trump is evident from the sale's early success, despite the technological hurdles. Trump is the self-proclaimed "Chief Crypto Advocate," and his kids are the self-proclaimed "web3 ambassadors."
In keeping with the project's emphasis on governance and stability in the DeFi domain, the WLFI token is designed to be non-transferable and locked eternally. Everything is riding on WLFI's ability to reach its objectives and establish a strong foothold in the very competitive cryptocurrency industry.
#TrumpDeFi #TeslaTransferBTC #BTCUptober #USStockEarningsSeason $BTC
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We've just added #Solana to USDC #XFlows!
Execute native-to-native, secure, fast and low-cost $USDC #crosschain transactions between Solana and 12 other blockchains, including BNB chain, Base, Ethereum, Optimism, Polygon and many more!
#WeAreAllConnected https://x.com/wanchain_org/status/1846539392560549889/video/1
🚀 Dogecoin Set for Next Big Move! Bullish Swing Trade Setup for DOGE Lovers 💰
Dogecoin is gearing up for its next major pump, and I’m bullish on DOGE for the long term! This is a golden opportunity for those looking to swing trade and earn from the best meme coin out there. 🐕🦺💸
DOGE has just broken its key resistance level, signaling a strong short-term move ahead. I’m keeping a close eye on the charts, waiting for a retest of the support zone to confirm our entry. Once that happens, it’s all systems go! 🚀
Stay tuned for my next update on this swing trade setup, and let’s make the most of this DOGE breakout together! 👀✨
#Dogecoin #cryptouniverseofficial #BTCSoarsTo68K #TeslaTransferBTC #MemeCoinTrending $DOGE
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