$METIS is heating up and forming a textbook bullish flag! The price action is looking primed for a breakout, and all eyes are on that key resistance zone.
I'm targeting $66.53, $91.28, and potentially a massive rally to $136.10! This setup has everything for a parabolic run if the break happens—momentum, volume, and a pattern screaming for a surge!
Don't miss out on what could be an epic move. Keep your alerts ready! This could be a rocket just waiting to launch.
#MemeCoinTrending #BNBRisesTo600 #TeslaTransferBTC #USRetailSalesBoost #SCRSpotTradingOnBinance
{spot}(METISUSDT)
**Crypto.com vs. SEC: The Legal Showdown Continues! 🚀**
- **Crypto.com Fights Back:** CEO Kris Marszalek announced a lawsuit against the SEC, claiming "unauthorized and unjust regulation."
- **Legal Wins for Crypto:** Recent court victories, like Grayscale's ETF approval and XRP's non-security status, bolster Crypto.com's confidence.
- **Wells Notice Drama:** Despite receiving a Wells notice, Crypto.com continues US operations, arguing their actions are lawful.
- **US Market Presence:** Crypto.com remains active in 49 states, with plans to expand into New York.
Stay tuned for more twists in this crypto courtroom saga!
🚀 Crypto News Flash! 🚀
As Q4 kicks off, the crypto market is buzzing! Ripple's RLUSD stablecoin launch is just weeks away, and Grayscale's ETF filing has Ripple holders excited. Binance Coin is also on the rise, with a gas-free carnival set to attract traders back to the platform.
Rollblock (RBLK) is the talk of the town, aiming to disrupt the casino industry with its anonymous, on-chain gaming. With over $4.51 million already invested, this potential 100x startup is one to watch!
💬 What are your thoughts on these developments? Share in the comments! 💬
**Crypto.com Takes Legal Stand Against SEC**
Crypto.com, a major cryptocurrency exchange, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) following a Wells notice from the regulator. CEO Kris Marszalek announced the move on Oct. 8, citing recent court victories against the SEC as a positive sign for their case.
**Key Legal Wins:**
- Grayscale Investments' win in August 2024 allowed the conversion of its Bitcoin Trust into a spot Bitcoin ETF.
- A July 2023 ruling declared XRP not a security when sold on digital exchanges.
**Crypto.com's Position:**
- The company argues that the SEC's actions are "unauthorized and unjust."
- Legal precedents provide strong footing for Crypto.com's case.
**Operations Continue:**
- Despite the Wells notice, Crypto.com continues its U.S. operations.
- The exchange, headquartered in Singapore, remains available in 49 U.S. states, excluding New York, where it is seeking necessary approvals.
Crypto.com aims to maintain its services and awaits further legal clarity.
Historical Halving Growth
🔥🔥🔥🔥🔥🔥🔥🔥🔥
1st Halving (2012): Bitcoin surged 9,000% in the bull run that followed, marking the transition of BTC from a niche asset to a widely recognized investment.
2nd Halving (2016): BTC experienced a 2,800% increase after this halving, reaching its then-peak near $20,000 by late 2017.
3rd Halving (2020): Bitcoin saw a 714% rally following the most recent halving, topping around $69,000 in late 2021.
4th Halving (April 2024): Historically, the price tends to surge after halving. Growth projections suggest a similar or slightly moderated percentage gain compared to past halving cycles.
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Since the beginning of October, the "Bitcoins Flow into Whale Accumulation Addresses" metric has surged, indicating significant transfers of Bitcoin to whale wallets. This metric, which measures the quantities of Bitcoin moved to these large holders, has shown a continuous and high level of accumulation, particularly in the last three days.
It is crucial to note that the impact of this metric is not short-term and is not suitable for scalping strategies. However, its medium-term implications are positive, suggesting a bullish outlook for Bitcoin as whales continue to accumulate. This trend reflects growing confidence among large investors in the cryptocurrency's future performance.
Bitcoin Whale Accumulation Surges in October
Since the beginning of October, the metric tracking Bitcoin flows into whale accumulation addresses has surged to high levels. This metric measures the quantities of Bitcoin transferred to whale wallets, indicating a significant and continuous accumulation, particularly over the last three days.
It is crucial to note that the impact of this metric is not short-term and is not suitable for scalping strategies. However, its medium-term implications are positive, suggesting a bullish outlook for Bitcoin's market performance. This trend underscores the growing confidence among large-scale investors in the cryptocurrency's future potential.
🚀 Bitcoin Bulls Are Back! 🚀
Bitcoin is gearing up for a crucial weekly close, aiming to break a seven-month downtrend. Currently trading around $67,686, BTC has been stuck in a downward channel since its all-time high of $73,800 in March. But this time, traders are optimistic! 📈
Rekt Capital notes that Bitcoin has repeatedly tested the channel's upper edge. "It's essential Bitcoin Weekly Closes inside the red resistance to avoid a deeper rejection," he says. With buyers applying pressure, a close beyond $68,000 is within reach.
Daan Crypto Trades adds that BTC has broken out of its 2024 channel and surpassed key moving averages. Short-mid timeframe trend is up!
What do you think? Comment below! 💬 #Bitcoin #Crypto #DeFi #Web3
🚨💥 HOT PICKS FOR TODAY’S TRADING – PREPARE FOR EXPLOSIVE MOVES! 💥🚨
Here’s your top lineup of coins that are primed for some serious action today. But remember, it’s all about waiting for that perfect entry – timing is EVERYTHING in the crypto world. Let’s dive in!
1. $EIGEN – $3.49 🔥
Up +8.94% 📈
🚀 Eigen has been showing strong upward momentum. A quick rise suggests heavy accumulation, so keep a close eye on any consolidations before another potential breakout. Look for entry near support zones to ride the wave higher!
2. HMSTR – $0.003828 🐹
Up +1.30% 📉
HMSTR’s steady but small climb today hints at early signs of bullish interest. If this coin holds support, we could see it gather speed. Watch for any significant dips – it could be a great entry for longer-term gains. Perfect for patient traders!
3. $CATI – $0.4261 🐱
Up +3.42% 🟢
CATI is moving in a steady uptrend. Historically, these steady gains can lead to bigger surges. Look for pullbacks before making your entry. Slow but consistent is the name of the game here – don’t sleep on it!
4. $1MBABYDOGE – $0.0032571 🐕
Up +10.76% 🚀
1MBABYDOGE has exploded in value today! With over +10% gains, this coin is flying. Don’t FOMO – wait for the inevitable pullback and enter on a dip. Once that momentum kicks in again, we could see another skyrocket move!
💡 Pro Tip: Always stay sharp! Quick rises can often mean accumulation, while fast falls suggest dealers are selling off. Use volume analysis to confirm the next big moves! Be patient, wait for price dips to enter and don’t chase the market – let the market come to you!#TeslaTransferBTC #CanaryLitecoinETF #USStockEarningsSeason #GrayscaleConsiders35Cryptos #TeslaTransferBTC