BREAKING NEWS ALERT
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US House Fails to Overturn President's Veto on Cryptocurrency Accounting Policy
According to BlockBeats, on July 11, the US House of Representatives voted on a resolution to overturn President Joe Biden's veto regarding the SAB 121 cryptocurrency accounting policy. The attempt did not succeed, leaving the US Securities and Exchange Commission’s (SEC) policy unchanged.
Representative Maxine Waters, a key Democratic negotiator on cryptocurrency legislation, noted that the SEC is currently in discussions with the banking industry to address the controversial accounting policy. This ongoing dialogue aims to find common ground and potentially revise the existing rules.
SAB 121 is a proposed rule that mandates entities holding cryptocurrencies to record the amounts held on their balance sheets. Despite the failed veto override, conversations about the policy's implications and possible adjustments continue between regulators and industry stakeholders.
#NewsAboutCrypto #NewsAboutCryptoOfThisYear #newsdaily #news2024 #Write2Earn!

I have said it before. I’ll say it again and again

Those of you rushing into the market right now because you've seen a slight rise in the price of BTC to $66k will be in shambles days from now .The whales are experimenting with the market with these price increases. Do not fall for this trap .
If you look at today’s graph (1d) and the graph before the bullrun back in 2021 it’s closely identical. BTC makes is shoulder head shoulder pattern, now it will slightly go up before plunging into the ground.
Only a matter of days before the market bleeds and you’ll all be in loss, wait for the market to dip and invest!
It's not a real rise in price, if you're dumping your money into BTC right now you'll be running at a very huge loss in a few days time as the price of BTC will likely be dipping down in coming days .
Save yourself from loss and stay away from the market right now because the entire market is weak and ardour is generally weak and cold.
Whatever direction the market is going right now is not stable. Please keep your money. This is not the right time to get in.
This is not a financial advice please DYOR. Please share your thoughts on this

there is still hope, but the dump is inevitable) Friends as you can see Bitcoin has consolidated in the "$71000 - $73000" zone, which means that there is a harvest of buyers positions. But the bulls don't have much strength to continue rising, so breaking through each next level up will be as hard as my life. In return, each trip down will be a sharp and painful blow to your balls. Nevertheless it is possible, as I said earlier any localized growth now is a "Bull Trap". So be vigilant and don't get caught in it. Let the growth hype do not make your head spin, and patience will not let you make a mistake. And may the Force be with you!
#BTC #Bitcoin #binance $BTC

"History repeats itself"
<< Average argument of $BTC halving and "Dump >> Pump" predictions.
No, history will not repeat itself this time because the context has changed. 95% of BTC supply has been mined, we have institutional approval, more support basis than ever.
Also, the data for every halving period is not sufficient enough to even prove that this is actually a "Pattern". Is it really a repeating pattern caused by halving itself OR just a natural price flow which coincides with the halving period because... "halving" is done every certain blocks, not a set period in set time limit?
So this halving period directly represents a certain timeframe of the market's trend. It's a checkpoint for a "cycle", not the cause of the cycle.

Bitcoin(BTC) Drops Below 70,000 USDT with a 0.61% Decrease in 24 Hours
On Apr 01, 2024, 05:47 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 70,000 USDT and is now trading at 69,896 USDT, with a 0.61% decrease in 24 hours.

📢📢Binance Launchpool 💥💥
#Ethena!
📢📢 Project which is a candidate to become a star, was introduced. My opinions about the project and details about the project ❤
#Binance Labs has backed Ethena, a cryptocurrency-specific stablecoin, in line with its commitment to advancing decentralized finance (DeFi). #Ethena is considered one of the pioneers of DEFI and has received investment support from Binance Labs and other key stakeholders since its IPO in February 2024.
Ethena's strategic partnership with MirrorX connects it more closely with the market and makes it accessible. MIRRORX's product suite is available to Ethena and other corporate clients through the Binance Exchange and allows for smooth closing of derivative positions and access to Binance's various products and markets.
➡Details of the Ethena (ENA) Launch Pool
The upcoming launch of Ethena is highly anticipated; the website is scheduled to go live in just 5 hours and launch simultaneously with the Launchpool. Users will have the opportunity to collect ENA tokens for three days starting from 00:00 on March 30, 2024.
ENA will be listed by Binance on April 2, 2024 at 08:00. The trading pairs will include ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY.Dec.
Binance has announced the main aspects of Ethena's Launchpool, including the token supply, rewards, and staking conditions. There will be a maximum supply of 15,000,000,000 ENA tokens, so participants will be able to win significant prizes with 300,000,000 ENA, which accounts for 2% of the total token supply.
The first circulating #ENA supply will be 1,425,000,000, which is 9.5% of the maximum token supply. Operating on the Ethereum blockchain, Ethena adopts stake conditions that require Know-Your-Customer (KYC) verification, ensure compliance with regulatory standards, and improve user security.

Solana (SOL) Price Prediction: Is $300 Possible After the Bitcoin Halving? (Analyst)

The host of Coin Bureau, Guy Turner, tells his two million followers on YouTube that SOL might be on a potential 35% – 45% breakout above the $300 mark.
Turner’s bullish outlook is based on promising weekly and monthly charts throughout the beginning of 2024. According to him, SOL is looking “incredibly bullish” on both timeframes, facing stiff resistance at the $300 mark.
Can SOL Reach $300 After the Bitcoin Halving?
The analyst paired SOL against Bitcoin to showcase an even more bullish chart, given that BTC pairs demonstrate an altcoin’s strength.
Moreover, Turner highlighted that the Bitcoin halving is nearing, and the market expects that this event will catapult BTC to new heights.
“Given that Bitcoin’s halving is just around the corner, it’s likely that BTC’s price will rally. That means a 35 to 45% gain in SOL versus BTC would bring it above the $300 milestone.”
Turner emphasized that SOL’s price will be heavily influenced by the development of four upcoming milestones, as per the Solana Foundation’s updated roadmap. These milestones include the release of token extensions, the launch of new validator clients like Firedancer, more institutional support, and developer engagement.
Solana TVL Reaches New ATH
Solana has surpassed $4.6 in total value locked across its diverse ecosystem of decentralized applications (dApps), according to data from DefiLlama.
The surge comes amid a new inflow of users partially driven by the meme coin mania, of which several Solana-based such tokens have experienced substantial gains through the week.
As CryptoPotato reported, another important reason for Solana’s price and TVL increase can be attributed to the overall bullish sentiment coming from retailers and institutional investors alike.
The post Solana (SOL) Price Prediction: Is $300 Possible After the Bitcoin Halving? (Analyst) appeared first on CryptoPotato.

Hold on to your hats, folks! Bitcoin's halving event is just around the corner, and we're about to witness a seismic shift in the crypto market! 😱 Say goodbye to the four-year bull/bear cycle, and hello to a whole new era of stability and growth. 🌱
💰With Bitcoin's value skyrocketing and institutional interest pouring in, we're seeing a more widespread acknowledgment of cryptocurrencies as a legitimate asset category. 🏦
🐻Of course, there are still bears out there, but with projections of $150,000 to $250,000 per coin, we're on the brink of a massive inflow of institutional capital. 💸
🌩️Despite the bullish momentum, there are potential disruptors like inflation, economic growth, and the 2024 elections. But hey, nothing's perfect, right? 🤷
🔑The shift towards institutional ownership could lead to something even bigger: the ownership of Bitcoin by sovereign nations! 🌍
🎢This change might lead to a departure from the intense boom-and-bust cycles, fostering a more stable environment for growth and development within the sector. 📈
So, are you ready for the Last Dance of crypto's infancy? 💃🕺 Share your thoughts in the comments below! Let's celebrate this monumental moment together! 🎉

#BTC
50 days before the 2012 halving, Bitcoin was down 62% from its peak 😔.
50 days before the halving of 2016, this drop was 55% compared to the peak 😔.
In 2020, Bitcoin was down 70% from its peak 50 days before the halving 😔.
For the planned halving in 2024, Bitcoin is currently down 12% from its all-time high 😔.
But 30 days before this event, Bitcoin reached an all-time high 🚀.
This time the situation seems really different 💥.
Let us observe with optimism and hope for the best.

Stop loss was invented not to save your money, it was invented to make you lose your money.
If you think that placing stop loss will save you from lose, man you are damn wrong. Let me make it clear.
Imagine you bought a scam / shit coin, there are many, but let’s say STRK as an example.
Suppose you bought 1000STRK with 2.5$ each. So total 2500$. You set stop loss at 2$, so you thought the max you gonna lose is 500$. You went sleep and at morning you found you are in 1250$ loss.
How?
Stop loss is not a function that stop you from losing. It’s basically a sell trigger. When the price riches a predefined point, it triggers the sale order (which is market order).
So basically when SL 2.00 will hit for STRK, the function imminently place a sale order and even if the market price went down further like (1.5 $) it will still sell at that price.
So stop loss is not saving you in any way.
Imagine you gave your friend 100k for his business at 50% - 50% share split. You said you can take max 15k loss. Let’s say on first month your friend makes 10k so the capital is 110k. But on the second month your friend lost 50k, so the capital is 60k (although you was expecting max 15k loss, you are now at 20k loss). Now he will return you 80k and take the full share of the business.

Eventually he makes 50k profit, but you don’t hold any share now.
Conventional stop loss always helps the liquidity providers or brokers. It never helped a trader in most cases. Maybe you loss less with stop loss, but you will still loss.
Even in many case we see the market makers create fake price to hit our stop loss in high volatile market.
So how we use stop loss? Professional traders uses virtual stop loss or algorithmic stop loss using their own trading softwares.
Virtual stop loss is a stop loss, that only get placed automatically if specific conditions are met.
Algorithmic stop loss is also same as virtual stop loss, but it’s bit more advanced. Instead of selling all at once, it keeps selling gradually at better prices. Stop loss keeps changing.
I’ll show these in future.

If you get rich in this bull market, you must remember these 9 things ❗️❗️❗️❗️❗️

1. Immediately buy a 280-square-meter flat in the city center.
2. Print a resignation report on A4 paper and throw it directly in the face of the ruthless boss
3. Pick up a Mercedes G63 immediately and drive it back during the Spring Festival to be a respectable person.
4. Keep it a secret and don’t tell anyone, including family members.
5. Pay off all debts first.
6. Save it and let it sit for a year.
7. Don’t cooperate with friends or relatives and continue to pretend to be a loser.
8. Don’t let your children know about changes in your wealth to prevent them from being eroded by money.
9. Maintain the status quo and regard wealth as an unexpected gain.

❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT

FALSE HOPE THAT BTC WOULD HIT $150,000 THIS YEAR. LISTEN TO WHAT BLACK ROCK HAS TO SAY. DON'T BE FOOLED GUYS.

It's been widely speculated that #BTC🔥🔥🔥🔥 would reach a staggering $150,000 by 2025 and as such holders are being advised to stack up on these cryptos now so they can cash out big by the time the crypto reaches it's peak volume.

One important factor should be noted here, before we see a $100K BTC we should expect to first see a $30k - $35k BTC first. This has always been the case in the last 5 to 10yrs of Bitcoin history. Before an all time high of that degree happens we would first see a very massive decline.

Don't be in a hurry to jump in we're expecting a massive decline in the coming days. BTC could decline as low as $25k before the end of the year.

just be on the look out.
follow for more daily tips

Bitcoin price analysis amid whales accumulation

Meanwhile, Bitcoin is trading in a range between $69,400 and $71,500, currently at $70,167, as of writing.
Notably, Bitcoin surged nearly 45% since February 24’s $51,000 to an all-time high of $73,805 on March 14. This happened during the previous whale accumulation.
BTC/USD 4-hour price chart
Therefore, analysts expect Bitcoin to increase in price in the following days if whales continue to bag large amounts of the leading cryptocurrency. Moreover, investors expect the Bitcoin block subsidy halving in April to fuel price pumps moving forward.
From a technical analysis perspective, increased short positions open interest may also cause a short squeeze in BTC to around $75,000 per coin, as reported by Finbold on March 26.
However, cryptocurrencies and Bitcoin are highly volatile assets, navigating in an uncertain market. Investors must be cautious and have a solid investment strategy to avoid significant losses.

Should we do $BTC for Short📉 or Long📈, ?!
Should we buy📈 or sell📉 it?!
Will we see BTC at 100K📈 or will we see at 45K📉?
Probably we can see them at both points (joke 😂) So let's start predicting. Here are some factors which affect the price of #bitcoin at let's start it:
1. Halving 💵
2. Whales and Investments 👌
3. Correction 😡
4. Social Media 🔊
So let's start with halving only less than a month left for it as it gets 210K new blocks in bitcoin chain and right now it is really close to Halving as it will next month in April. So it makes our Bitcoin too volatile 👀
Next is about whales and investments, whales have a lot of funds and enter at 40-60K not at 70k. They can move the #BTC really hard and far. 💕
Correction is cutting the price and regulating the market. It happens each 1-2 week and they will control the price. 🚀
Last but not least is about Social media, if everyone says that it will go up, and everyone will believe, even correction will not save us. 🙌
So my conclusion is that we will see:
AT 50-60K SOON
THEN TO THE MOON TO 100K 💕🚀
Follow for more
More in my profile
$ETH $SOL
#prediction #HotTrends #BTC🔥🔥🔥🔥

❗️❗️❗️❗️$BTC Update 🟢🟢🟢
In the 1-hour time frame, there appears to be a bullish flag pattern. If the price breaks above the trendline, it could potentially rise to levels between 72,000 and 73,000. However, if the price fails to break above the trendline and instead breaks below it, there's a possibility of it dropping back down to around 64,000.

Liquidations Again ❓❓❓
Dear Sirs, you just have to remember 2 things
1. Support
2 Resistance
BTC's first support is 69250. If it breaks, we will first stop at 68550 support
2 support is 65550
3 support is 63550
4 is support and the last 60250 is straight if this support is broken
58500
Please also press the taps button
#BTC🔥🔥🔥🔥 $BTC

The Binance exchange is facing problems in different countries: Nigerian authorities detained two of its top managers, the Philippines blocked access to the platform, and the Russian operator CommEx announced the closure of the service in the country. The US and UK authorities stated their awareness of the situation with the detained managers.#binance

Munchables Exploited for $62M Ether, Linked to Rogue North Korean Team Member

Trending

Web3 project Munchables was drained of an estimated $62.5 million worth of ether (ETH) early Wednesday after a contract was maliciously manipulated, blockchain data shows.
Munchables said on X that it was tracking movements and attempting to stop the transactions. The project, which is based on the relatively new Blast blockchain, lets users buy and develop traits for digital pets in return for tokenized rewards.

The attacker apparently transferred themselves the stored users' funds before upgrading the platform’s smart contracts.
Blockchain sleuth ZachXBT said the attacker likely originated from North Korea, based on their GitHub commit activity. They are listed on GitHub as “Werewolves0493” and allegedly worked for the Munchables team.
not even joking it’s this clown pic.twitter.com/V0Cg4st91t

— ZachXBT (@zachxbt) March 26, 2024
North Korean hacking groups have stolen an estimated $3 billion worth of various tokens since 2017, as per a UN Security Council report earlier this month.
Meanwhile, several crypto developers and traders called for a chain rollback to help recover the funds.

A blockchain rollback, also known as a blockchain reorg (short for reorganization), reverses a series of confirmed transactions. This is typically done to undo the effects of a hack or other malicious activity that resulted in the theft of funds or other assets.

📢 Cryptocurrency News: Which Could Hit $1 in 2024? 🚀
🔹Dogecoin: The original meme coin could reach $1 thanks to the upcoming Bitcoin halving and the historical market trend.
🔹Kaspa: With high scalability and fast transactions, this project has seen a 215% increase in the last 6 months.
🔹ChainGPT: Integrating artificial intelligence into blockchain technology, this project has gained more than 1000% in the last semester.
🔹Zilliqa: The first layer 1 chain with sharding technology could benefit from protocol improvements and listings on Coinbase and Kraken.
🔹Stellar: Designed to facilitate crypto-to-fiat transfers, this project could surpass the $1 barrier during the possible crypto rally of 2024.
Despite the optimism, the success of these cryptocurrencies will largely depend on the performance of the broader market. If Bitcoin and the broader market perform poorly, it will be difficult for them to reach $1.#cryptocurrencies#Dogecoin #Kaspa#ChainGPT #Zilliqa #Stellar

Hi Guys,
Urgent Alert 🙉🙉🙉🙉 About #Whales $6B Wipe Out,
‘Fifth Richest’ Bitcoin Whale Just Moved $6 Billion in BTCArkham Intelligence pointed out the massive HODLer’s movements, the latest of several big moves as Bitcoin's price climbs.
The owner of one of the largest Bitcoin wallet addresses moved over $6 billion in Bitcoin today, its first move since 2019.
Blockchain data firm Arkham Intelligence highlighted the movements on Twitter on Tuesday. It said that the address is the fifth-richest Bitcoin holder, with 94,500 BTC—over $6.05 billion at today’s prices. 
The whale moved the BTC to three different addresses, Arkham noted. It isn’t clear who the address belongs to, but such big holders are often companies. 
The 5th richest Bitcoin address just moved over $6 BILLION in BTC to three new addresses.
37X moved almost its ENTIRE BALANCE of 94.5K BTC ($6.05B) in the early hours of Saturday 23rd March, leaving only 1.4 BTC in the address.