A Chinese dual citizen, Daren Li, has pleaded guilty to laundering $73 million stolen through crypto scams. From August 2021 to April 2022, Li orchestrated a scheme using shell companies to disguise the origins of the funds. Victims' money was funneled into U.S.-based bank accounts, converted into Tether (USDT), and distributed to wallets controlled by Li and his associates. Arrested in April, Li now faces a potential 20-year prison sentence, with a hearing set for March 2025. Prosecutors suggest he may also need to pay restitution, possibly up to $73 million.
🔥 Here Is What Aptos (#APT ) Needs To Rise Back To $17
Aptos (APT) price has been experiencing a strong rally, surging 47% in the past seven days. The recent momentum has been supported by positive indicators, such as bullish EMA lines and favorable Ichimoku signals, which point to continued buying interest.
However, while APT remains in an upward trend, the recent pullback in RSI suggests that the asset may be moving towards a more balanced state.
🔸 APT Is In The Neutral Stage
APT’s RSI is currently at 62, down from over 80 just a day ago. This decline indicates that the recent intense buying pressure has eased, allowing APT to move out of the overbought zone.
While bullish momentum still persists, the drop suggests that the buying intensity has cooled off, reducing the immediate risk of a sharp correction.
The RSI is a momentum indicator that ranges from 0 to 100. It is used to gauge whether an asset is overbought or oversold. Typically, values above 70 signal overbought conditions, while below 30 suggest oversold levels.
With APT’s RSI now at 62, following a 47.13% increase in its price the last week, it shows that the asset maintains positive momentum without being overextended. This could indicate a more sustainable uptrend as buying enthusiasm moderates.
🔸 Aptos Ichimoku Cloud Shows a Bullish Setup
The Ichimoku Cloud chart for Aptos (APT) shows a strong bullish trend, with the price clearly above the cloud. This indicates that APT is in a favorable upward momentum, supported by positive market sentiment.
The Tenkan-sen (blue line) is positioned above the Kijun-sen (red line), which confirms that short-term momentum is strong and driving the price higher.
Additionally, the cloud itself (formed by the leading span lines) is green and expanding, suggesting a continuation of the uptrend.
The overall alignment of the Ichimoku components points to a healthy bullish trend, with buyers currently in control and price action maintaining a positive trajectory.
#Aptos
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$BTC
{spot}(BTCUSDT)
/USDT Technical Analysis: Eyes on the Targets!
Bitcoin is showing some intriguing price action, and traders are closely watching for the next big move. Here’s a breakdown of key levels and potential targets based on current market dynamics:
Current Price: $86,685.70 (-1.73%)
Targets to Watch:
🎯 Target 1: $88,500
This level aligns with the immediate resistance zone. A breakout above this could signal bullish momentum, inviting fresh buyers into the market.
🎯 Target 2: $90,000
A psychological and technical milestone. If BTC gains strength, this level could act as a magnet for traders, possibly driving higher volumes and rapid price acceleration.
🎯 Target 3: $92,500
The final target in this range, marking a strong resistance. Achieving this level may confirm a solid uptrend, setting the stage for further upside exploration.
Key Indicators:
Support Zone: $85,000
Resistance Zone: $88,500 - $92,500
#CPIUpdateOctober #TrumpNominatesMuskDOGE #MidNovemberMarket #HaveYouBinanced #cryptomarketcapATH
$MOODENG, trading around $0.29, presents a compelling long opportunity. Immediate investment is recommended. Technical indicators confirm its upward trajectory, with a recent breakout above the 50-day moving average and rising RSI(14) indicating sustained buying pressure. Furthermore, a bullish hammer pattern on the daily chart suggests a potential reversal, positioning MOODENG for short-term gains.
{future}(MOODENGUSDT)
Would you like me to analyze or provide updates on MOODENG?
Bitcoin Quick Update Today | #171st Update
Good Morning, traders! I hope you’re all staying profitable by keeping up with our previous updates, as it’s essential to understand current market conditions and movements.
BTC is currently showing bearish momentum according to the 1-hour chart.
$BTC Bitcoin is now trading at $86,829.
👉 Based on my analysis, a correction down to around 86,000 or even as low as 85,800 could happen in the near term. If support around 85,800 holds, we might see a bounce, with potential upside targets at 88,000 and possibly 90,000.
👉 However, if BTC fails to maintain support at 85,800, we could experience further downside, targeting 85,000, 84,500, and even as low as 83,000.
👉 The double top pattern forming on the 1-hour chart is something to keep an eye on, as it could lead to a bearish reversal if BTC fails to hold its trendline support.
👉 There’s significant activity from whales, with both buying and selling around the 86,000 area, making it a key level to monitor.
👉 BTC recently touched the trendline support. If this support breaks, we may see a retest of the lower levels, while a successful hold of the trendline could potentially push BTC back up toward the 88,000 level and possibly beyond.
According to the 1-hour chart:
1H Chart
📍- Resistance: $90,000
🟢- Support: $85,800
Considering the possible scenarios:
1. If BTC holds the 85,800 level, we might see it climb back up, aiming for 88,000 - 90,000.
2. If BTC fails to hold this level, it could fall to 84,500 - 83,000.
If 20,000 people see this post, only 1% will follow and like for more analysis because they want to learn to earn. I hope you’re one of them! Don't miss out on more updates, like this post for more TA.
{spot}(BTCUSDT)
$ETC is gaining momentum, confirming solid support at $15. If the current upward trend continues, a target of $32 is forecasted. However, should momentum slow, the critical support level around $12.8 will come into play, highlighting Bitcoin’s key role in maintaining overall market stability.
Previously we've observed a 120% gain.
VeChain (VET) Poised For a Bull Run?
The Biggest AI #MEME Token has launched! Turn $100 USD into $3,000 USD, Expect 30X Profit from AIG MEME Token. Join the Airdrop and Pre-sale at the Official Website ➯ PlayAiGames.online
VeChain saw a fantastic run this week after Bitcoin hit an all-time high of $82,379. The broader cryptocurrency market is brimming with positivity as leading altcoins hit new highs this month. VET rallied close to 35% on the heels of the US election result and is currently trading at $0.026.
Investors who took an entry position days before the U.S. election results made massive profits in VeChain. Now that the markets kick-started a storm, will VET move further up in the charts? In this article, we will highlight whether taking an entry position in VeChain is a good choice.
Should You Invest in VeChain (VET) Now?
Leading on-chain metrics and price prediction firm CoinCidex has painted a rosy picture for VeChain. According to the price prediction, VET could reach a maximum high of $0.036 next month in December 2024. That’s an uptick and return on investment (ROI) of approximately 40% from its current price of $0.026.
“VeChain is predicted to finish the year by changing hands in a trading channel between $ .026399 and $0.064542,” read the price prediction. The forecast also reveals that VET’s average trading price in December could hover around the $0.030 mark. Therefore, the estimate indicates that the supply chain-based altcoin could trade in the green for the next two months.
The optimism in the cryptocurrency market is high after Trump clinched the presidency. His closeness with Tesla CEO Elon Musk is what’s driving the markets to reach new monthly highs. VeChain has benefitted from the bull run and Trump appears to be friendly with cryptocurrency policies.
The development could make VeChain and the cryptocurrency markets surge further as anticipation of a Trump economy remains positive.
#VeChain #VET #Altcoins #CryptoNews
🔥 PNUT PRICE PREDICTION: From $0.00005 to $1?! 🚀 $PNUT COIN UPDATE & LATEST NEWS 🔥
The $$PNUT oin, based on Peanut the Squirrel, is a meme token launched on the Solana blockchain. It has gained attention for its playful branding, leveraging internet culture and humor to attract a growing community. Recently, its price surged to nearly $1 from a low of $0.03128, marking an impressive rise of over 2800% in just a few daysCoinMarketCapCoinMarketCap.
The coin's unique mascot, a squirrel inspired by a viral internet figure, has been integral to its rise, particularly among meme-coin enthusiasts. With its community-focused development and the backing of Solana's fast transaction capabilities, aiming to expand its ecosystem, which could lead to further price fluctuationsCoinMarketCap.
While it's currently priced just under $1, the rapid price movement suggests that PNUT be part of a meme coin trend that could either experience significant growth or face a volatile market correction. Always exercise caution and do thorough research before investing.
Could $PNUT hit $1 or more? 💥 As with all meme coins, it's high risk, but huge rewards are possible if you catch it at the right time! What are your thoughts on $PNUT? Is it the next big thing or a passing trend? Drop your predictions below! 💬👇
#PNUT #MemeCoin #CryptoNews #BinanceSquare
🚀 Bitcoin briefly soared above $90,000, setting a new all-time high before taking a breather. Traders are calling for BTC to "slow down" and build support, as the market remains a rollercoaster of emotions and liquidity. With $80M in sell orders at $90k and a $177M wall at $100k, it's like trying to park a rocket ship in a garage! Analysts suggest a "choppy" ride between $70k-$90k, with Fibonacci magic pointing to $102k as the next target. So, buckle up and enjoy the crypto coaster, but remember, even rollercoasters need a break! 🎢
🚀 Bitcoin briefly soared past $90,000, setting a new all-time high, before catching its breath. Bulls had their moment, but volatility is still the name of the game. With $80M in BTC ask liquidity at $90k and a $177M sell wall at $100k, it seems like the brakes are on for now.
- Market experts suggest BTC needs to chill and build support.
- Is this a bull trap or just the beginning? 🤔
- Statisticians eye $102,000 as the next big hurdle.
Join the debate: Is Bitcoin ready to skyrocket, or are we in for a bumpy ride? Share your thoughts below!
Bitcoin recently hit a new all-time high of $90,240, but the surge was short-lived as the price quickly retreated. Market experts suggest BTC needs to slow down and establish support in its current range. Heavy sell-side liquidity at $90,000 and $100,000 could hinder further upward movement. Analysts, including Keith Alan and Willy Woo, emphasize the importance of liquidity trends and Fibonacci levels in predicting future resistance points. While some predict a potential bull trap, others foresee continued growth, with $102,000 as the next significant target. Caution is advised as market volatility remains high.
🔥 I Bought 217 PEANUT THE SQUIRREL ($PNUT) Crypto Coins at $0.467?! Turn $100 into $10K?! 🔥
Big moves in the memecoin world! 🚀 The viral story of Peanut the Squirrel has sparked a crypto frenzy, and the $PNUT token has been trending with over $300M in trading volume. 📈
🔑 Key highlights:
Peanut’s tragic story of euthanasia went viral, capturing attention from figures like Elon Musk and sparking massive meme coin activity.$PNUT hit a peak market cap of $120M before correcting, but is still holding strong in the meme spaceFree Crypto ScreenerBlockonomi.Memecoins like this can be extremely volatile, but early buyers are seeing potential gains, with some wondering if $$PNUT an break $1 or more in the future!
💬 What’s your take on the PNUT? Can it make you rich, or is this just another flash-in-the-pan trend? Let’s discuss!
#PNUT #Memecoin #Crypto #BinanceSquare #ElonMusk
$SAGA trading around $1.8, signals an immediate buy opportunity for short-term gains. A breakout above the 20-day moving average, rising RSI(14), and bullish engulfing pattern on the daily chart confirm its upward momentum. Target resistance is at $2.20 and $2.50, with a stop-loss at $1.55, anticipating 15-20% short-term appreciation. Invest now to capitalize on SAGA's short-term upward trajectory.
{future}(SAGAUSDT)
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🚨 DOGECOIN Unstoppable with Elon Musk! Doge Price Not Stopping! 🚨
Dogecoin ($DOGE ) is seeing a surge in momentum, largely driven by Elon Musk's ongoing involvement and the growing speculation surrounding his potential role in the U.S. government under a second Trump term. Musk's plans for a "Department of Government Efficiency" (DOGE) have helped stoke investor enthusiasm, with many predicting further gains for DogecoinCoinspeakerBenzinga. This has been further reinforced by an impressive 29% rise in Dogecoin's price recently, making it the sixth-largest cryptocurrency by market capBenzinga.
Analysts are watching closely, with some forecasting that DOGE could eventually target higher levels such as $1, with intermediate price levels like $0.36 being keyCoinspeakerCoinGape. However, as with all meme coins, caution is advised due to the potential for volatility.
This surge in Dogecoin's value is happening alongside a broader crypto rally, driven by Bitcoin reaching new all-time highs and the political developments surrounding the Trump administration's influenceCoinGape. Many are closely following how these developments unfold, as they may propel Dogecoin even further in the coming months.
💬 What’s next for DOGE? With Musk’s tweets and political influence, it’s looking unstoppable. Could we see $1 DOGE soon? Let’s discuss the next move for this meme coin!👇
#DOGE #ElonMusk #CryptoNews #BinanceSquare #DOGEPrice #MemeCoins
🚨 DOGECOIN BUYING OPPORTUNITY OR 🚨! DOGE PRICE PREDICTION TECHNICAL ANALYSIS NEWS 2024 🚨
Dogecoin ($DOGE ) has been making headlines recently with a surge in price, driven by bullish technical indicators. The price has jumped by 28%, pushing it to around $0.29, surpassing XRP and USDC by market capitalizationInsideBitcoins.comTradingView. Analysts have been debating the potential for Dogecoin to hit higher price targets, with some speculating it could eventually reach $1, while others point to a more cautious forecast around $0.35 in the short termInsideBitcoins.com.
On the technical side, Dogecoin is showing strong bullish momentum, with key indicators like the Relative Strength Index (RSI) at 87, signaling high buying pressure. However, overbought conditions may lead to short-term corrections or consolidationsInsideBitcoins.com. There's also a "Golden Cross" on the horizon, which historically signals further bullish ralliesCryptonews.
Some analysts even suggest that Dogecoin could eventually soar up to $3 or even $10 in the long term, but this is highly speculative and would depend on factors like continued adoption and market dynamicsCryptonews.
If you're looking to invest, it seems like there might be a solid opportunity for further growth, but be cautious of potential pullbacks as well. Keep an eye on the $0.19–$0.21 support levels and resistance points at $0.24–$0.26
What’s your move with DOGE? Let’s talk predictions in the comments! 💬👇
#DOGE #Crypto #Dogecoin #Altcoins #BinanceSquare #TechnicalAnalysis
Near Protocol has made a significant announcement at the Redacted conference in Bangkok, Thailand, revealing its plan to develop the world’s largest open-source AI model, featuring 1.4 trillion parameters. This groundbreaking initiative surpasses the scale of Meta’s Llama model by 3.5 times and aims to position Near Protocol as a leader in the open-source AI ecosystem.
Collaborative Development Strategy
The ambitious project will be driven by competitive, crowdsourced research through Near Protocol’s newly established AI Research Hub. Starting November 10, contributors can begin training an initial 500 million parameter model, serving as the first stage in a comprehensive multi-phase development plan.
Structured Progression Across Seven Stages
The project will advance through seven progressively larger and more complex model stages. Only the highest-performing contributors will move on to work on subsequent models, ensuring that the development process is both competitive and capable of scaling AI performance incrementally.
Emphasis on Monetization and Data Privacy
A unique aspect of this initiative is the integration of monetization alongside robust privacy measures. Near Protocol plans to utilize encrypted Trusted Execution Environments (TEEs) to safeguard data while rewarding contributors for their work. This approach guarantees secure data handling and incentivizes ongoing contributions, with the capability to incorporate continuous updates as the project evolves.
Implications for the Future
This bold move by Near Protocol highlights its dedication to advancing the frontier of open-source AI development. By setting a new benchmark in AI model size and capabilities, Near Protocol is driving forward the creation of high-performance AI systems while promoting a collaborative and community-centric development ethos.
Further details and updates will follow as the project progresses.
#Therapydogcoin #BTCNear82k
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Ether ETFs are on a roll, folks! 🎉 After a record-breaking $295M inflow on Nov. 11, the nine U.S.-based spot Ether ETFs saw another $135.9M on Nov. 12, flipping the total net flows to a positive $107.2M since July. BlackRock's iShares Ethereum Trust led the charge with a $131.4M inflow, marking its second-largest since launch.
Meanwhile, Grayscale's Ethereum Trust continues its outflow streak, but who’s counting? With Ether ETFs seeing almost $650M in inflows over five days, it seems like the crypto-ETF bridge is getting stronger. ETH surged 32% this week, topping $3,400 and boosting its market cap above $400B.
Ether ETFs are on a roll! 🎢 BlackRock's iShares Ethereum Trust (ETHA) just had its second-largest inflow, raking in $131.4 million, only outdone by its July debut. The nine spot Ether ETFs collectively flipped to a net positive, with $135.9 million inflows on Nov. 12, following a record $295 million the day before.
Grayscale's Ethereum Trust (ETHE) might be feeling a bit left out, losing $33.2 million, but hey, can't win 'em all! Meanwhile, Bitwise and others are riding the inflow wave too.
Join the chat below: Is this the dawn of a new crypto era? 🚀
Market Analysis: Cryptocurrency Market Faces Downward Pressure
The cryptocurrency market has experienced a notable decline, with the total market capitalization dropping from $3.03 trillion to $2.99 trillion, marking a -1.43% change in the past 24 hours. This downturn reflects a broader bearish sentiment affecting the market.
Bitcoin, the leading cryptocurrency, saw its price fall by -2.12%, now trading at $86,504. Its market dominance has decreased to 57.31%, indicating a shift in investor confidence.
Ethereum also faced significant losses, with a -5.68% decrease, highlighting the prevailing market volatility. The overall trading volume has mirrored this trend, decreasing by -1.43%, suggesting reduced market activity and investor caution.
Ether ETFs in the U.S. have flipped to a net positive, with BlackRock's fund seeing its second-largest inflow since July. On Nov. 12, nine spot Ether ETFs collectively received $135.9 million, following a record $295 million the day before. This surge has pushed the total net flows to a positive $107.2 million, overcoming Grayscale's Ethereum Trust's $3.1 billion outflow. BlackRock's fund has amassed $1.67 billion in total inflows, with no net outflow days. Ether ETFs have seen nearly $650 million in inflows over five days, as Ether's price surged 32% to over $3,400.