🚀 Big Week Ahead for Crypto! 🚀
This Friday at 08:00 UTC, $4.2B in Bitcoin and $1B in Ether options are set to expire on Deribit. With BTC's put/call ratio at 0.62, the market sentiment leans bullish. 📈
BTC's max pain level is $64K, but it's currently trading near $67K. Will it hold or drop? 🤔 Meanwhile, ETH hovers around its max pain level of $2,600. Expect some short-term volatility as traders adjust their positions.
The crypto options market is growing fast, with the SEC approving options tied to spot Bitcoin ETFs. Exciting times ahead! 💥
What are your predictions? Comment below! 👇 #Crypto #Bitcoin #Ethereum
🚀 Elon Musk's crypto influence is undeniable, but he's not the hero many think! Despite his tweets causing Dogecoin to spike, Musk clarified he's not fully endorsing any crypto asset. At a recent rally, he distanced himself from the crypto community, highlighting his environmental concerns about Bitcoin. 🌱
While his words still move markets, with Bitcoin nearing $70K and Ethereum at $2,750, Musk's long-term commitment to crypto remains unclear. Institutional interest, however, keeps the market optimistic. Let's keep an eye on this rollercoaster! #Crypto #Blockchain #Web3 #Metaverse
🚀 Breaking News: Elon Musk's Crypto Rollercoaster! 🎢
1/4 🚀 Elon Musk, the man who can make Dogecoin moon with a single tweet, just reminded us he's not the crypto hero we thought he was. 🐶 Despite his love for meme coins, Musk clarified at a political rally that he's not fully endorsing any crypto asset.
2/4 🌱 Musk's complex relationship with crypto is full of twists. He loves joking about Dogecoin, causing its price to spike, but he's cautious about Bitcoin due to its environmental impact. Sustainability first, folks!
3/4 📈 Despite his reservations, Musk's words still shake the crypto market. Bitcoin is nearing $70k, Ethereum is at $2,750, and Dogecoin is holding strong at $0.1444. Institutional interest is fueling optimism!
4/4 🗳️ In other news, Musk's $1M/day political giveaway caused legal waves. What do you think about his latest move? Drop your thoughts in the comments! 👇
#Crypto #ElonMusk #Dogecoin #Bitcoin #Ethereum #Blockchain
#Bitcoin pump incoming ?
Since the $15,500 bottom, Bitcoin has been consistently breaking out of every higher time frame pattern on a bullish side, followed by a strong leg up.
Over the past few months, price was forming a broadening wedge pattern , and yet again, it broke out to the upside, showing strong bullish momentum.
🚀 Buckle up, crypto fans! This Friday at 08:00 UTC, $4.2B in BTC and $1B in ETH options are set to expire on Deribit. With BTC's put/call ratio at 0.62, the market's looking bullish! 📈
Expect some short-term volatility as in-the-money options holders might close or move their positions. BTC's max pain level is $64K, but it's trading near $67K. ETH's max pain is $2,600, and it's hovering around that mark. 🤔
Options market is growing fast, but still small compared to spot. SEC's approval of options tied to spot BTC ETFs could be a game-changer! 💥
What are your thoughts? Comment below! 👇 #DeFi #Web3 #Crypto
🚀 Crypto enthusiasts, buckle up! The 2024 U.S. presidential election is heating up, and guess who's got the crypto crowd buzzing? None other than Donald Trump! His pro-crypto stance has traders like Satoshi Flipper and Erik Finman predicting a bullish market if he wins. 🤑
Prediction markets are giving Trump a 60% chance, but is this the real deal or just hype? 🤔 Mark Cuban warns of potential inflation, but hey, who doesn't love a little drama?
Join the convo below! Will Trump's policies send Bitcoin to $100K? Let's hear your thoughts! #DeFi #Web3 #Crypto2024
👀GALA's Future Looks Brighter Than Ever! 🚀
🚀🔥Get ready for a potential pump as $GALA continues to make waves in the crypto world.
✨Exciting developments are brewing for GalaChain:
Seamless Trading: Enjoy hassle-free trading on top crypto exchanges.
✨Gas-Free Transactions: Say goodbye to expensive fees and experience lightning-fast transactions.
✨Empowering Creators: GalaChain is supporting creators, developers, and communities to build thriving ecosystems.
✨Expanding Partnerships: New collaborations and integrations are on the horizon, enhancing GalaChain's usability and liquidity.
GalaChain ready to take the blockchain world by storm?
🔥Always invest responsibly, DYOR & have patience, share your thoughts on $GALA's potential.
#GalaFundamentals #GALAUSDT #GalaChain #Web3Eco #Blockchain #DeFi #CryptoNewss #PumpAlert
{spot}(GALAUSDT)
📊 $CHESS
{spot}(CHESSUSDT)
/USDT Technical Analysis UpdateCHESS/USDT has shown strong upward momentum, currently priced at $0.1695, with an 18.86% gain in the last 24 hours. Let’s dive into the next potential targets:🎯 Target 1: $0.1750
This level represents a recent resistance zone. Breaking above it could signal further bullish momentum and attract more buyers.🎯 Target 2: $0.1800
If the price holds above $0.1750, the next target is $0.1800. At this level, we could see increased volume as traders look for further upside.🎯 Target 3: $0.1900
A break beyond $0.1800 would open the door to $0.1900, a significant psychological level. Achieving this could signal a strong bullish breakout.💡 Key Indicators:The 15-minute chart shows a 9.28% surge, confirming short-term bullish strength.24-hour volume is strong, with 122.14M CHESS traded, hinting at sustained interest in the pair.
Keep an eye on these targets, and manage your positions carefully!
Kyber Network Hacker Strikes Again!
A Ghost from the Past:
The notorious Kyber Network hacker, 0x5c543852e28a361a89810cd09d402fdd458f5714, has reemerged. In a recent move, the hacker transferred a significant sum of 2,200 ETH (worth approximately $5.83 million) to the notorious crypto mixer, Tornado Cash.
A Persistent Threat:
This latest activity marks the hacker's first significant move in 7 months. Despite laundering millions of dollars through Tornado Cash, the hacker still retains a substantial amount of stolen funds, estimated at around $32.2 million, spread across multiple addresses.
The crypto community is closely monitoring the situation, as the hacker's next move could have significant implications for the security of the blockchain ecosystem.
#ETH $ETH #KyberNetwork #hackers #BackOnTrack
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{future}(ETHUSDT)
🚀 **Crypto Market Update: Election Volatility & Capital Shifts!** 🚀
📊 **QCP Capital Analysis:**
- **Bitcoin Volatility:** Short-term implied volatility for Bitcoin is expected to peak on US election day, with options showing a 10-point higher volatility.
- **Options Market:** Call option premiums are higher than puts, despite Bitcoin's price being 8% below its all-time high.
- **Stock Market:** S&P 500 hits record levels, but options market leans toward put protection, anticipating a 1.8% movement post-election.
💡 **Key Insights:**
- **Correlation:** High correlation (0.83) between stock and crypto markets could signal a shift.
- **Capital Flow:** Weakness in the stock market might drive capital into cryptocurrencies, as both presidential candidates are seen as crypto-friendly.
💬 **Join the Conversation:**
What do you think about the potential capital shift to crypto? Share your thoughts below! 🌐
#CryptoNews #Bitcoin #Election2023 #MarketTrends
Will Altcoin Season Begin Soon? Analysis Company Gives Investors Upsetting Answer!
While the leading cryptocurrency Bitcoin is approaching $70,000 in just days, altcoins are not performing as expected.
However, it seems that altcoins will not be able to start the expected rally for a while.
Cryptocurrency service provider Matrixport said that the altcoin rally season has been delayed due to Bitcoin's 58% dominance.
In his post from his Matrixport X account, he stated that Bitcoin dominance remains strong at 58%, which shows that the altcoin season has not started yet and has been postponed a little further.
Matrixport analysts said market and investor interest remains focused on Bitcoin despite the existence of over 20,000 cryptocurrencies.
Analysts say that while there have been significant capital inflows into spot Bitcoin ETFs, the impact on altcoins has been minimal, suggesting that retail investors have yet to enter the market on a large scale.
Since retail investors did not come to the market, the altcoin rally season did not start.
As investors eagerly await the start of the altcoin season, Matrixport analysts noted that Bitcoin has the potential to increase its dominance even further as trading volumes have experienced significant growth.
"Bitcoin's dominance continues to grow and has reached 58%, indicating that the alt season has not yet started and may be delayed.
Despite the launch of over 20,000 cryptocurrencies, the focus is firmly on Bitcoin.
Trading volumes in Bitcoin are set to double from $10-20 billion to $20-40 billion in 2023, underscoring Bitcoin's growing influence.”
🚀 **Bitcoin Bounces Back: Retail Investors Return!** 🚀
After a brief dip below $67,000, Bitcoin is showing signs of life again! 📈 Despite not breaking the $70,000 mark, retail investors are back in action, sparking optimism in the BTC community.
CryptoQuant's latest data reveals a 13% surge in retail on-chain activity over the past 30 days. Transactions under $10,000 are on the rise, indicating smaller investors are diving back in. This renewed interest is reminiscent of the activity seen in March when Bitcoin hit its recent all-time high.
Whale investors have been quietly accumulating BTC, and now, with retail interest reignited, we could see more momentum ahead. Bitcoin has already climbed 60% this year, and October alone saw an 8% increase! 🌟
Factors like potential Fed rate cuts and pro-crypto political developments are adding fuel to the fire. Market analysts are optimistic, suggesting BTC could be gearing up for a parabolic phase. 📊
Stay tuned, Bitcoin enthusiasts! The retail renaissance is here, and the future looks bright for BTC! 🌞
🚀 Ripple is making waves in the MENA region! 🌍 The Dubai International Financial Centre has approved Ripple as a blockchain-enabled payment services provider, paving the way for the launch of the RLUSD stablecoin in the UAE by the end of 2024.
With 20% of Ripple's global customer base in the GCC and MENA region, this approval is a game-changer. The UAE, a top remittance hub, is embracing crypto and blockchain tech, making it the perfect launchpad for Ripple's innovative solutions.
Regulatory clarity from the Dubai Financial Services Authority will boost blockchain adoption for cross-border payments. Exciting times ahead! #Crypto #Blockchain #Web3 #Metaverse
How Will Bitcoin and Ethereum (ETH) Move This Week? Up or Down? Analysts Evaluate!
Bitcoin and Ethereum experienced nice increases over the weekend, with BTC approaching $70,000 and ETH approaching $2,800.
While this rise excited investors, it was short-lived. At this point, BTC fell by 2% to $67,000, while ETH fell by 3% to $2,650.
While other altcoins, led by Bitcoin and Ethereum, have also experienced pullbacks, analysts predict a sideways week as BTC and ETH have not yet broken through important resistance levels.
At this point, Singapore-based cryptocurrency company QCP Capital stated that they expect sideways movements in Bitcoin and Ethereum this week. He said that the reason for this is that BTC and ETH cannot overcome important resistance levels and there is no catalyst for the rise in cryptocurrencies.
Analysts stated that both BTC and
ETH have not yet surpassed their July
peaks but are approaching the
important $70,000 and $2,800 resistance levels, and said that if
these levels are exceeded, interest in
the retail sector will increase and the
rises may continue.
Analysts recently added that if Ethereum surpasses $2,800, it could reach $3,000.
"Both BTC and ETH have yet to surpass their July highs but are approaching the key $70,000 and $2,800 resistance levels.
Breaking above these levels could attract a lot of attention from the retail sector. US elections are just 15 days away and stocks are looking strong, the market is definitely optimistic as Risk Reversals have turned in favor of Calls- Buys across all tenors.
However, with no major catalysts for cryptocurrencies this week, we expect Bitcoin and Ethereum to bounce around their current levels as they attempt to push higher.
In terms of macro data, PMI data will be released on Thursday (October 24) where the market will be looking for some reassurance on whether the Fed will stay on track to cut interest rates.
"With the surprise rally ETH experienced over the weekend, we definitely can't rule out a break higher. A break above 2800 could take ETH above 3000."
"ASI superintelligence is coming. You can deny it, but it's gonna happen. So what do we do about it? We bring BCI to the masses with things like silent messaging, perfect memory, and other killer apps, and market forces and AI risk will drive us to a competitive substrate, driving up bandwidth. Where does this take us? With Human Superintelligence (HSI), we can explore the cosmos and reshape it 🌌"
- @trentmc0, Ocean Protocol Founder
AGI is approaching faster than most realize, and the leap to ASI could come even sooner 🚀
Explore more on this futuristic topic with the visionaries shaping the future themselves at the Superintelligence Summit in Bangkok on Nov 11th!
Don’t miss out! Register for free here and be part of the conversation💡
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#SuperintelligenceSummit
🚨🚀 Scroll SCR: The Future of zk-Rollups 🔥
🌀 What’s Scroll SCR?
Scroll SCR is taking the crypto world by storm with its powerful zk-Rollup technology, pushing Ethereum scaling to a whole new level. With its lightning-fast transactions and unparalleled security, Scroll is designed to make dApp development smoother, cheaper, and safer than ever! 💡
🌍 Why You Should Care
Scroll SCR is not just another blockchain project—it’s a game-changer in the Ethereum ecosystem. Imagine zero gas fees and instant finality while keeping everything decentralized. Developers, traders, and investors—this is your chance to be part of a revolution! 🌐
📈 Future Prospects
Scroll’s roadmap is stacked with potential! From multi-chain integration to seamless user experience enhancements, Scroll is set to redefine the scalability and efficiency of Layer-2 solutions. As adoption grows, so does the value of SCR. 💸
Get ready to watch Scroll SCR dominate the space—don’t miss out! 🚀
$SCR
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#ScrollOnBinance #UptoberBTC70K? #APESurge #XRPDonationsUSElections #CMEBTCFuturesRecordHigh