LIVEMullern
@Mullah
I am here to captivate you with literary prowess in this realm of digital currency. Serving (daily) unique perspective to this crypto industry.
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Tre Altcoin che hanno catturato la nostra attenzione nella prima settimana di novembre
PancakeSwap, lanciato a settembre 2020, è un exchange decentralizzato e un market maker automatizzato con un'interfaccia intuitiva e una gamma di funzionalità volte a fornire un'esperienza di trading veloce, trasparente e con commissioni basse.
Nel mese di ottobre, PancakeSwap ha registrato una crescita e uno sviluppo impressionanti, compreso lo sviluppo di una guida per utilizzare Fiat on-ramp e l'esplorazione di modi per espandere il proprio ecosistema e integrazioni con altre blockchain.
WEMIX, una piattaforma basata su blockchain, mira a dare potere ai creatori di contenuti digitali offrendo un ambiente equo e trasparente affinché i creatori possano monetizzare i propri contenuti attraverso il suo modello Play-to-Earn.
Nel mese di ottobre, PancakeSwap ha registrato una crescita e uno sviluppo impressionanti, compreso lo sviluppo di una guida per utilizzare Fiat on-ramp e l'esplorazione di modi per espandere il proprio ecosistema e integrazioni con altre blockchain.
WEMIX, una piattaforma basata su blockchain, mira a dare potere ai creatori di contenuti digitali offrendo un ambiente equo e trasparente affinché i creatori possano monetizzare i propri contenuti attraverso il suo modello Play-to-Earn.
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Ti fideresti/parteciperesti a FTX se cambiasse il marchio in un altro exchange?
La dichiarazione del presidente della SEC Gary Gensler secondo cui FTX potrebbe essere riavviata sotto una nuova leadership suggerisce che la SEC è aperta alla possibilità che l'exchange continui a operare.
Si tratta di una notizia significativa per l'industria delle criptovalute, in quanto potrebbe potenzialmente consentire a FTX di riprendere terreno dopo il crollo sotto la guida di Sam Bankman-Fried.
Esistono diversi modi in cui un FTX riavviato potrebbe funzionare, incluso l'acquisizione da parte di un nuovo proprietario o la ristrutturazione e il rilancio con lo stesso nome.
Tuttavia, per riconquistare la fiducia degli investitori, una FTX riavviata dovrebbe implementare solide procedure di gestione del rischio e di conformità, sottoporsi a controlli regolari e fornire informazioni chiare e trasparenti.
Si tratta di una notizia significativa per l'industria delle criptovalute, in quanto potrebbe potenzialmente consentire a FTX di riprendere terreno dopo il crollo sotto la guida di Sam Bankman-Fried.
Esistono diversi modi in cui un FTX riavviato potrebbe funzionare, incluso l'acquisizione da parte di un nuovo proprietario o la ristrutturazione e il rilancio con lo stesso nome.
Tuttavia, per riconquistare la fiducia degli investitori, una FTX riavviata dovrebbe implementare solide procedure di gestione del rischio e di conformità, sottoporsi a controlli regolari e fornire informazioni chiare e trasparenti.
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L'autore di "Papà ricco, papà povero", Robert Kiyosaki, lancia un avvertimento critico.
Robert Kiyosaki continua ad acquistare Bitcoin nonostante le fluttuazioni del mercato. Ha anche lanciato un avvertimento critico ai suoi seguaci.
Kiyosaki ritiene che il governo americano stia spingendo la popolazione verso la povertà e consiglia alle persone di prendersi cura di se stesse e dei propri cari.
L’esperto finanziario suggerisce di lavorare sodo, spendere saggiamente e investire in beni rifugio come oro, argento e Bitcoin.
Kiyosaki ha twittato sul peggioramento della situazione economica negli Stati Uniti nel corso del 2021, citando le insolvenze bancarie e la rimozione del tetto del debito statunitense come principali preoccupazioni.
Kiyosaki ritiene che il governo americano stia spingendo la popolazione verso la povertà e consiglia alle persone di prendersi cura di se stesse e dei propri cari.
L’esperto finanziario suggerisce di lavorare sodo, spendere saggiamente e investire in beni rifugio come oro, argento e Bitcoin.
Kiyosaki ha twittato sul peggioramento della situazione economica negli Stati Uniti nel corso del 2021, citando le insolvenze bancarie e la rimozione del tetto del debito statunitense come principali preoccupazioni.
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Shiba Inu si prepara a rimuovere un altro zero
Dopo un picco di transazioni di grandi dimensioni, nelle ultime 24 ore sono stati spostati SHIB per un valore di 65,87 milioni di dollari.
Si tratta di un aumento del 406% rispetto alla cifra dell'8 novembre di 1,57 trilioni di SHIB spostati in grandi transazioni.
Le grandi transazioni sono definite come trasferimenti superiori a 100.000 dollari e indicano il coinvolgimento di balene o grandi detentori.
L'indicatore del volume delle transazioni di grandi dimensioni mostra l'importo totale trasferito in transazioni di grandi dimensioni in termini crittografici.
Questo picco nel grande volume delle transazioni suggerisce che le balene stanno acquistando o vendendo attivamente SHIB.
Si tratta di un aumento del 406% rispetto alla cifra dell'8 novembre di 1,57 trilioni di SHIB spostati in grandi transazioni.
Le grandi transazioni sono definite come trasferimenti superiori a 100.000 dollari e indicano il coinvolgimento di balene o grandi detentori.
L'indicatore del volume delle transazioni di grandi dimensioni mostra l'importo totale trasferito in transazioni di grandi dimensioni in termini crittografici.
Questo picco nel grande volume delle transazioni suggerisce che le balene stanno acquistando o vendendo attivamente SHIB.
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Polygon è un grande vincitore questa settimana
Polygon (MATIC) ha registrato un balzo del 54% in sole tre settimane, raggiungendo quota 0,80 dollari per la prima volta da luglio.
L’attività e l’accumulo delle balene sono stati fattori forti che hanno guidato il recente aumento della capitalizzazione di mercato di MATIC.
Nelle ultime 24 ore, MATIC ha guadagnato il 7,39% e nell'ultima settimana il 21,32%.
MATIC ha registrato il maggior numero di transazioni pari o superiori a 100.000 dollari in un solo giorno da luglio.
Nelle ultime due settimane si sono accumulati grandi portafogli contenenti da 100.000 a 10 milioni di MATIC, supportando l'attuale aumento del token.
L’attività e l’accumulo delle balene sono stati fattori forti che hanno guidato il recente aumento della capitalizzazione di mercato di MATIC.
Nelle ultime 24 ore, MATIC ha guadagnato il 7,39% e nell'ultima settimana il 21,32%.
MATIC ha registrato il maggior numero di transazioni pari o superiori a 100.000 dollari in un solo giorno da luglio.
Nelle ultime due settimane si sono accumulati grandi portafogli contenenti da 100.000 a 10 milioni di MATIC, supportando l'attuale aumento del token.
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Cos'è la criptovaluta Shiba Inu (SHIB)!
La criptovaluta Shiba Inu, conosciuta con il suo simbolo SHIB, è emersa come un attore di spicco nel mercato delle criptovalute.
Emergendo dal mondo dei meme di Internet, SHIB ha raccolto un seguito fedele e si è evoluto da semplice moneta per scherzo a un serio contendente nello spazio della finanza decentralizzata.
Lanciato nell'agosto 2020, SHIB è stato creato da un'entità o gruppo anonimo noto come Ryoshi.
Ma non doveva essere solo una moneta meme; è stato progettato per incarnare un movimento decentralizzato.
Con una fornitura fissa di un quadrilione di monete, metà delle quali bloccate in Uniswap per la liquidità, SHIB mirava a creare scarsità e un'equa distribuzione.
Emergendo dal mondo dei meme di Internet, SHIB ha raccolto un seguito fedele e si è evoluto da semplice moneta per scherzo a un serio contendente nello spazio della finanza decentralizzata.
Lanciato nell'agosto 2020, SHIB è stato creato da un'entità o gruppo anonimo noto come Ryoshi.
Ma non doveva essere solo una moneta meme; è stato progettato per incarnare un movimento decentralizzato.
Con una fornitura fissa di un quadrilione di monete, metà delle quali bloccate in Uniswap per la liquidità, SHIB mirava a creare scarsità e un'equa distribuzione.
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The Crypto Bull Run
The crypto market is on an upward trend today, with major cryptocurrencies such as Bitcoin, Ethereum, Cardano, and Solana seeing gains.
This rally can be attributed to a few key factors, including growing interest from institutional investors.
On November 9, it was confirmed that BlackRock, a major asset management firm, is planning to launch a spot Ethereum exchange-traded fund (ETF).
This news has sparked a positive sentiment among investors and could lead to a significant influx of capital into the crypto market.
In addition to BlackRock, at least five other firms are also vying for approval to launch their own Ether ETFs.
This growing institutional interest in Ether is a strong indication of the increasing mainstream acceptance of cryptocurrencies.
Along with institutional investors, retail sentiment has also improved, as seen in the Bitcoin Fear & Greed Index.
The increased interest in the market is also reflected in the rise in trading volume, which reached its highest level since March.
Additionally, the total value locked (TVL) in the crypto market has also spiked to its highest level since June.
This surge in TVL suggests that investors are confident in the market and are willing to lock their funds in various crypto projects.
While the market is still susceptible to risk events and volatility, the recent increase in institutional interest and trading volume may indicate an end to the bear market.
Overall, the positive sentiment in the market is fueling the current rally, and it remains to be seen how the market will react to any potential future events.
The direction of the market will also depend on how it responds to any new enforcement actions or economic downturns.
Despite the potential for volatility, the growing interest from institutions is a positive sign for the long-term growth and adoption of cryptocurrencies.
Overall, the crypto market is experiencing a positive upward trend, driven by institutional investment and increased trading activity, which could potentially mark the end of the bear market.
#BullCycle #BullRunPredictions #CryptoCurrents #BTC🔥🔥
This rally can be attributed to a few key factors, including growing interest from institutional investors.
On November 9, it was confirmed that BlackRock, a major asset management firm, is planning to launch a spot Ethereum exchange-traded fund (ETF).
This news has sparked a positive sentiment among investors and could lead to a significant influx of capital into the crypto market.
In addition to BlackRock, at least five other firms are also vying for approval to launch their own Ether ETFs.
This growing institutional interest in Ether is a strong indication of the increasing mainstream acceptance of cryptocurrencies.
Along with institutional investors, retail sentiment has also improved, as seen in the Bitcoin Fear & Greed Index.
The increased interest in the market is also reflected in the rise in trading volume, which reached its highest level since March.
Additionally, the total value locked (TVL) in the crypto market has also spiked to its highest level since June.
This surge in TVL suggests that investors are confident in the market and are willing to lock their funds in various crypto projects.
While the market is still susceptible to risk events and volatility, the recent increase in institutional interest and trading volume may indicate an end to the bear market.
Overall, the positive sentiment in the market is fueling the current rally, and it remains to be seen how the market will react to any potential future events.
The direction of the market will also depend on how it responds to any new enforcement actions or economic downturns.
Despite the potential for volatility, the growing interest from institutions is a positive sign for the long-term growth and adoption of cryptocurrencies.
Overall, the crypto market is experiencing a positive upward trend, driven by institutional investment and increased trading activity, which could potentially mark the end of the bear market.
#BullCycle #BullRunPredictions #CryptoCurrents #BTC🔥🔥
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Bitcoin (BTC) Surpasses Tesla
Bitcoin has surpassed Tesla in market capitalization, with a value of $730.90 billion compared to Tesla's $675.61 billion.
This marks a significant achievement for the pioneering cryptocurrency, which has seen a strong recovery from previous setbacks.
Bitcoin's current price stands at around $37,373, a 7.77% increase over the past five days, while Tesla's stock has dropped by 4.65%.
The cryptocurrency has experienced remarkable growth this year, with a year-to-date increase of over 125%, compared to Tesla's 70.27%.
In the past month, Bitcoin has soared from a low of $26,550 to a high of $37,962, a 36.21% gain, while Tesla's stock has dropped by 20.44%.
Tesla's recent 5% drop in shares was fueled by a sell rating from HSBC, while Bitcoin's surge can be attributed to anticipation around the launch of a Bitcoin exchange-traded fund (ETF).
However, some experts warn that this rally may be overextended, with JPMorgan raising concerns about the sustainability of the current market cap.
Bitcoin's current market capitalization positions it as a formidable player on the global financial landscape, but it is still far from its peak of $1.28 trillion in October 2021.
This briefly made it the world's eighth most valuable asset, coming close to surpassing silver.
Bitcoin now has its sights set on companies like Nvidia, Meta Platforms (Facebook), and Berkshire Hathaway, which have market caps of $1.184 trillion, $840.93 billion, and $761.65 billion, respectively.
The cryptocurrency's market cap has surpassed that of major players like Visa and JPMorgan.
Bitcoin's success can be attributed to its rapidly growing adoption by mainstream investors and institutions.
This has been driven by factors like inflation concerns, increased institutional interest, and the growing acceptance of cryptocurrencies as a legitimate asset class.
While skeptics may raise concerns about the volatility of Bitcoin, it is clear that its dominance in the market is solidifying, with its market capitalization exceeding that of established companies like Tesla.
The future remains uncertain, but Bitcoin's success so far shows that it has cemented its place in the world of finance and is here to stay.
#Tesla #BTC #MarketCapitalization #Polygon
This marks a significant achievement for the pioneering cryptocurrency, which has seen a strong recovery from previous setbacks.
Bitcoin's current price stands at around $37,373, a 7.77% increase over the past five days, while Tesla's stock has dropped by 4.65%.
The cryptocurrency has experienced remarkable growth this year, with a year-to-date increase of over 125%, compared to Tesla's 70.27%.
In the past month, Bitcoin has soared from a low of $26,550 to a high of $37,962, a 36.21% gain, while Tesla's stock has dropped by 20.44%.
Tesla's recent 5% drop in shares was fueled by a sell rating from HSBC, while Bitcoin's surge can be attributed to anticipation around the launch of a Bitcoin exchange-traded fund (ETF).
However, some experts warn that this rally may be overextended, with JPMorgan raising concerns about the sustainability of the current market cap.
Bitcoin's current market capitalization positions it as a formidable player on the global financial landscape, but it is still far from its peak of $1.28 trillion in October 2021.
This briefly made it the world's eighth most valuable asset, coming close to surpassing silver.
Bitcoin now has its sights set on companies like Nvidia, Meta Platforms (Facebook), and Berkshire Hathaway, which have market caps of $1.184 trillion, $840.93 billion, and $761.65 billion, respectively.
The cryptocurrency's market cap has surpassed that of major players like Visa and JPMorgan.
Bitcoin's success can be attributed to its rapidly growing adoption by mainstream investors and institutions.
This has been driven by factors like inflation concerns, increased institutional interest, and the growing acceptance of cryptocurrencies as a legitimate asset class.
While skeptics may raise concerns about the volatility of Bitcoin, it is clear that its dominance in the market is solidifying, with its market capitalization exceeding that of established companies like Tesla.
The future remains uncertain, but Bitcoin's success so far shows that it has cemented its place in the world of finance and is here to stay.
#Tesla #BTC #MarketCapitalization #Polygon
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The Tokens to Keep an Eye On - AAVE, PEPE, and UNI.
AAVE, PEPE, and UNI are three tokens that have recently gained significant attention from investors.
Data from X (formerly Twitter) shows that these tokens have seen positive net flow, indicating accumulation rather than sell-offs.
This suggests that the market is preparing for an upswing, which could potentially have a positive impact on their prices.
AAVE has seen some inconsistencies in its recent price action, but the majority of the trend has been bullish.
The token's price has risen by over 50% in the last 30 days, reaching a high of $100.84 on November 10.
However, a rejection at this level does not necessarily mean that the price will continue to decrease.
The EMA on AAVE's daily chart is currently showing a bullish trend, indicating that the token may soon reclaim the $100 mark.
PEPE has also experienced bullish price action in the last seven days, currently trading at $0.000001.
The RSI reading for PEPE is at 65.71, indicating a high level of buying pressure.
However, traders should watch out for the RSI hitting 70.00, as this may signal a good time to exit long positions.
UNI's MACD is showing a bullish trend, with the 12-day EMA above the 26-day EMA.
This suggests that the token may rise higher than its current price of $5.27.
The AO also supports this projection, with a reading of 0.71 at the time of writing.
Traders may want to avoid opening short positions for UNI for now, as the momentum appears to be in favor of the bulls.
Overall, AAVE, PEPE, and UNI are tokens with potential for growth in the near future, backed by positive net flow and bullish technical indicators.
#PepeCoinRise #btctoday #BTC #Celsius
Data from X (formerly Twitter) shows that these tokens have seen positive net flow, indicating accumulation rather than sell-offs.
This suggests that the market is preparing for an upswing, which could potentially have a positive impact on their prices.
AAVE has seen some inconsistencies in its recent price action, but the majority of the trend has been bullish.
The token's price has risen by over 50% in the last 30 days, reaching a high of $100.84 on November 10.
However, a rejection at this level does not necessarily mean that the price will continue to decrease.
The EMA on AAVE's daily chart is currently showing a bullish trend, indicating that the token may soon reclaim the $100 mark.
PEPE has also experienced bullish price action in the last seven days, currently trading at $0.000001.
The RSI reading for PEPE is at 65.71, indicating a high level of buying pressure.
However, traders should watch out for the RSI hitting 70.00, as this may signal a good time to exit long positions.
UNI's MACD is showing a bullish trend, with the 12-day EMA above the 26-day EMA.
This suggests that the token may rise higher than its current price of $5.27.
The AO also supports this projection, with a reading of 0.71 at the time of writing.
Traders may want to avoid opening short positions for UNI for now, as the momentum appears to be in favor of the bulls.
Overall, AAVE, PEPE, and UNI are tokens with potential for growth in the near future, backed by positive net flow and bullish technical indicators.
#PepeCoinRise #btctoday #BTC #Celsius
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L'esperimento Bitcoin ha generato rendimenti più elevati rispetto a Hodling
Ricercatori accademici hanno scoperto che l’applicazione dell’ipotesi di mercato efficiente (EMH) al trading di Bitcoin può generare profitti più elevati rispetto al semplice hodling.
L'EMH è una teoria controversa che suggerisce che il prezzo delle azioni di un asset riflette il giusto valore di mercato e tutte le informazioni applicabili, rendendo impossibile sovraperformare il mercato attraverso il tempismo o l'intuizione.
In genere, i sostenitori dell’EMH raccomandano di investire in portafogli passivi a basso costo piuttosto che cercare di battere il mercato.
Il gruppo di ricerca in Grecia ha utilizzato quattro modelli di intelligenza artificiale addestrati con più set di dati per testare l'applicazione dell'EMH nel mercato dei Bitcoin.
L'EMH è una teoria controversa che suggerisce che il prezzo delle azioni di un asset riflette il giusto valore di mercato e tutte le informazioni applicabili, rendendo impossibile sovraperformare il mercato attraverso il tempismo o l'intuizione.
In genere, i sostenitori dell’EMH raccomandano di investire in portafogli passivi a basso costo piuttosto che cercare di battere il mercato.
Il gruppo di ricerca in Grecia ha utilizzato quattro modelli di intelligenza artificiale addestrati con più set di dati per testare l'applicazione dell'EMH nel mercato dei Bitcoin.
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Bitcoin could reach $150,000 in 2025.
Analysts predict a bullish run for Bitcoin in 2025, with prices potentially reaching as high as $150,000.
This increase is expected to be driven by the upcoming halving event and the anticipated approval of Bitcoin exchange traded funds.
Despite experiencing a 45% decline from its peak in 2021, Bitcoin has already risen over 120% this year.
According to experts, Bitcoin follows a four-year cycle, with each cycle consisting of four phases: break-out, hype, correction, and accumulation.
The price fluctuations during these cycles are largely influenced by halving events, which occur every four years.
Bitcoin has gone through three halvings in its history, with the next one expected to take place in April of next year.
The start of a new bull run is expected to be driven by institutional inflow, brought on by the approval of Bitcoin ETFs.
However, analysts predict this flow of investment will be slow at first, with a gradual build-up leading to a peak in 2025 instead of 2024.
The current break-out of Bitcoin's price is believed to be a result of the gradual pricing in of the news of potential ETF approval.
It is expected that after the initial inflows from ETFs, there may be some disappointment in the market, leading to short-term fluctuations.
Many experts agree that the long-term potential of Bitcoin remains strong, especially with the continued institutional support and increasing mainstream acceptance.
However, some caution that the volatility of Bitcoin's price may continue to pose a risk for investors.
Despite this, there has been a growing interest in cryptocurrency and its potential for long-term growth.
This has been reflected in the increasing number of retail investors getting involved in the market.
Overall, it is still uncertain how exactly the next few years will play out for Bitcoin, but analysts remain optimistic about its potential for significant growth in the long run.
#etf #ETH #BTC #Polygon #sol
This increase is expected to be driven by the upcoming halving event and the anticipated approval of Bitcoin exchange traded funds.
Despite experiencing a 45% decline from its peak in 2021, Bitcoin has already risen over 120% this year.
According to experts, Bitcoin follows a four-year cycle, with each cycle consisting of four phases: break-out, hype, correction, and accumulation.
The price fluctuations during these cycles are largely influenced by halving events, which occur every four years.
Bitcoin has gone through three halvings in its history, with the next one expected to take place in April of next year.
The start of a new bull run is expected to be driven by institutional inflow, brought on by the approval of Bitcoin ETFs.
However, analysts predict this flow of investment will be slow at first, with a gradual build-up leading to a peak in 2025 instead of 2024.
The current break-out of Bitcoin's price is believed to be a result of the gradual pricing in of the news of potential ETF approval.
It is expected that after the initial inflows from ETFs, there may be some disappointment in the market, leading to short-term fluctuations.
Many experts agree that the long-term potential of Bitcoin remains strong, especially with the continued institutional support and increasing mainstream acceptance.
However, some caution that the volatility of Bitcoin's price may continue to pose a risk for investors.
Despite this, there has been a growing interest in cryptocurrency and its potential for long-term growth.
This has been reflected in the increasing number of retail investors getting involved in the market.
Overall, it is still uncertain how exactly the next few years will play out for Bitcoin, but analysts remain optimistic about its potential for significant growth in the long run.
#etf #ETH #BTC #Polygon #sol
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Traders approach the current crypto landscape in various ways, with some believing that the early stages of a bull market began in January 2022 and others remaining wary after the recent bear market.
One trader uses breakouts as a signal to enter trades, increasing trading activity during what they see as the current "Crypto Spring."
Another strategy involves taking profits on a project that has risen in value and using the remaining funds to generate passive income.
Correlated arbitrage involves taking advantage of similar price movements between two assets to make a profit.
Some traders diversify their portfolio by trading in different markets, such as stocks, forex, and crypto.
Leverage is used with caution by traders, with many avoiding high levels to prevent potential losses.
Scalping, a common trading approach, involves buying and selling within short time frames and identifying trends and patterns in price movements.
One trader uses breakouts as a signal to enter trades, increasing trading activity during what they see as the current "Crypto Spring."
Another strategy involves taking profits on a project that has risen in value and using the remaining funds to generate passive income.
Correlated arbitrage involves taking advantage of similar price movements between two assets to make a profit.
Some traders diversify their portfolio by trading in different markets, such as stocks, forex, and crypto.
Leverage is used with caution by traders, with many avoiding high levels to prevent potential losses.
Scalping, a common trading approach, involves buying and selling within short time frames and identifying trends and patterns in price movements.
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The cryptocurrency realm has created a new class of billionaires who have leveraged digital currencies and blockchain technology to amass significant wealth.
According to MilkRoad Daily's list, the world's richest crypto and blockchain billionaires include Binance's CEO with a net worth of $10.2 billion.
The second spot is occupied by the CEO of Coinbase, a leading cryptocurrency exchange in the United States, with a net worth of $4.1 billion.
Ripple's co-founder ranks third on the list with a net worth of $2.6 billion, followed closely by his fellow co-founder and creator of Stellar with a net worth of $2.4 billion.
The co-founders of Alchemy, a popular blockchain development platform, each have a net worth of $1.8 billion.
The Winklevoss twins, early investors in Bitcoin and co-founders of Gemini exchange, round off the list with a net worth of $1.5 billion each.
Their success stories serve as a testament to the potential of cryptocurrencies and blockchain technology, but it's important for potential investors to conduct thorough research and exercise caution due to the high volatility of the crypto market.
According to MilkRoad Daily's list, the world's richest crypto and blockchain billionaires include Binance's CEO with a net worth of $10.2 billion.
The second spot is occupied by the CEO of Coinbase, a leading cryptocurrency exchange in the United States, with a net worth of $4.1 billion.
Ripple's co-founder ranks third on the list with a net worth of $2.6 billion, followed closely by his fellow co-founder and creator of Stellar with a net worth of $2.4 billion.
The co-founders of Alchemy, a popular blockchain development platform, each have a net worth of $1.8 billion.
The Winklevoss twins, early investors in Bitcoin and co-founders of Gemini exchange, round off the list with a net worth of $1.5 billion each.
Their success stories serve as a testament to the potential of cryptocurrencies and blockchain technology, but it's important for potential investors to conduct thorough research and exercise caution due to the high volatility of the crypto market.
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Analyst Daan Crypto Trades believes that Chainlink (LINK) is currently following the Wyckoff pattern and going through an accumulation phase, which has been surprisingly long in duration.
Despite starting the week at $11.29, LINK initially saw a dip to its weekly low of $10.66, before the bulls gained momentum and pushed the price upwards.
Today, LINK reached its highest value of $14.9, representing a 29% increase in just seven days.
From May 2022 until late October 2023, LINK was in an accumulation phase, with its value fluctuating between $5.7 and $9.7.
However, the recent surge in price has been supported by volume, as indicated by the rising Accumulation/Distribution Line (ADL) with a value of $907 million.
Despite this, LINK has touched its upper Bollinger band, leading to predictions of a potential retracement towards the $11.4 support level.
Overall, the current trajectory suggests that LINK has the potential to reach $18 in the near future, but may experience dips along the way.
Despite starting the week at $11.29, LINK initially saw a dip to its weekly low of $10.66, before the bulls gained momentum and pushed the price upwards.
Today, LINK reached its highest value of $14.9, representing a 29% increase in just seven days.
From May 2022 until late October 2023, LINK was in an accumulation phase, with its value fluctuating between $5.7 and $9.7.
However, the recent surge in price has been supported by volume, as indicated by the rising Accumulation/Distribution Line (ADL) with a value of $907 million.
Despite this, LINK has touched its upper Bollinger band, leading to predictions of a potential retracement towards the $11.4 support level.
Overall, the current trajectory suggests that LINK has the potential to reach $18 in the near future, but may experience dips along the way.
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Grayscale's Chainlink Trust, a digital asset investment product, has seen record highs as its GLINK premium rate increases by 223.86%.
Other Grayscale trusts for cryptocurrencies Solana, Filecoin, and Stellar have also reached record highs with premium rate increases of 630.82%, 1016.63%, and 122.76%, respectively.
GLINK's premium rate surge coincides with a record trading volume of 20,102 GLINK on November 9.
Grayscale's GSOL, GXLM, FILG have also experienced large positive premiums, but they are under $10 million in assets under management.
GLINK's price, known as the secondary price, is trading at $44.1 while LINK's primary price is $13.62 on November 8.
Grayscale's Chainlink Trust holds 300.07K LINK and allows investors to gain exposure to LINK's price without directly buying, storing, and trading the cryptocurrency.
Grayscale has a total of 14 trusts for different cryptocurrencies, including Bitcoin and Ethereum, and is currently awaiting a verdict on its application for a Bitcoin spot ETF with the U.S. SEC.
Other Grayscale trusts for cryptocurrencies Solana, Filecoin, and Stellar have also reached record highs with premium rate increases of 630.82%, 1016.63%, and 122.76%, respectively.
GLINK's premium rate surge coincides with a record trading volume of 20,102 GLINK on November 9.
Grayscale's GSOL, GXLM, FILG have also experienced large positive premiums, but they are under $10 million in assets under management.
GLINK's price, known as the secondary price, is trading at $44.1 while LINK's primary price is $13.62 on November 8.
Grayscale's Chainlink Trust holds 300.07K LINK and allows investors to gain exposure to LINK's price without directly buying, storing, and trading the cryptocurrency.
Grayscale has a total of 14 trusts for different cryptocurrencies, including Bitcoin and Ethereum, and is currently awaiting a verdict on its application for a Bitcoin spot ETF with the U.S. SEC.
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Staking is a popular way to earn passive income by holding cryptocurrency, using the Proof of Stake algorithm to secure the blockchain network and receive rewards.
To start staking, you choose a platform with Staking functionality based on factors such as minimum threshold, profit, and cryptocurrency options.
The minimum threshold is the amount of cryptocurrency needed to start staking, and profit is determined by the annual percentage yield (APY) and annual percentage rate (APR).
BetFury is an example of a crypto platform with up to 50% APY, daily payouts, and the ability to withdraw rewards in multiple cryptocurrencies.
Staking systems can offer flexible or lock-up periods, with BetFury having a 24-hour lock-up period.
Compared to Mining, Staking is more energy-efficient and does not require expensive equipment, making it a preferred option for many crypto investors.
Staking has its advantages and disadvantages, such as potential for high passive income and lower risks, but also periods of cryptocurrency lock-up and sharing of profits and fees.
To start staking, you choose a platform with Staking functionality based on factors such as minimum threshold, profit, and cryptocurrency options.
The minimum threshold is the amount of cryptocurrency needed to start staking, and profit is determined by the annual percentage yield (APY) and annual percentage rate (APR).
BetFury is an example of a crypto platform with up to 50% APY, daily payouts, and the ability to withdraw rewards in multiple cryptocurrencies.
Staking systems can offer flexible or lock-up periods, with BetFury having a 24-hour lock-up period.
Compared to Mining, Staking is more energy-efficient and does not require expensive equipment, making it a preferred option for many crypto investors.
Staking has its advantages and disadvantages, such as potential for high passive income and lower risks, but also periods of cryptocurrency lock-up and sharing of profits and fees.
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The highly anticipated announcement of GTA VI is expected to occur this week and will have significant implications for the gaming industry.
There is speculation that the new GTA game will incorporate cryptocurrencies, potentially becoming one of the most significant crypto adaptations in existence.
GTA VI has been eagerly awaited by players around the world, with a trailer projected to be released next month in honor of Rockstar Games' 25th anniversary.
GTA V, the previous installment, had 11 million active monthly users in 2022, demonstrating the immense popularity of the franchise.
The rumor of cryptocurrencies being integrated into GTA VI has generated excitement among both players and crypto enthusiasts, as major companies are increasingly entering the Play-to-Earn and metaverse spaces.
China's recent 3-year development plan focused on Web3 and Metaverse may lead to further adoption of cryptocurrencies, allowing the country to potentially pave the way for the next wave of crypto adoption.
Layergg, a cryptocurrency analysis company, has identified several altcoins that may be affected by the release of GTA VI and other developments in the gaming and metaverse sectors.
There is speculation that the new GTA game will incorporate cryptocurrencies, potentially becoming one of the most significant crypto adaptations in existence.
GTA VI has been eagerly awaited by players around the world, with a trailer projected to be released next month in honor of Rockstar Games' 25th anniversary.
GTA V, the previous installment, had 11 million active monthly users in 2022, demonstrating the immense popularity of the franchise.
The rumor of cryptocurrencies being integrated into GTA VI has generated excitement among both players and crypto enthusiasts, as major companies are increasingly entering the Play-to-Earn and metaverse spaces.
China's recent 3-year development plan focused on Web3 and Metaverse may lead to further adoption of cryptocurrencies, allowing the country to potentially pave the way for the next wave of crypto adoption.
Layergg, a cryptocurrency analysis company, has identified several altcoins that may be affected by the release of GTA VI and other developments in the gaming and metaverse sectors.
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Bitcoin hits $37,000 for first time since May 2022 amid optimism over approval of spot BTC exchange-traded funds in the US.
This recent price surge has been attributed to the pending approval of 12 separate spot Bitcoin ETFs within the next week.
Analysts predict that there may be a lag time of a month or more before these highly-anticipated offerings actually launch, even if they are approved by the Securities and Exchange Commission (SEC).
Grayscale, the largest cryptocurrency asset manager in the US, is also reportedly engaging directly with the SEC to convert its Grayscale Bitcoin Trust to a spot Bitcoin ETF.
The US has yet to see a spot Bitcoin ETF approved, which would allow investors to gain indirect exposure to a financial product backed by BTC.
BTC briefly hit the $37,000 mark before retracting, with data from various market platforms showing the surge taking place at 8.09 am EST on Nov. 9.
The wider markets reflect optimism over the pending approval of ETFs, as it would open up more opportunities for institutional and retail investors to enter the market.
This recent price surge has been attributed to the pending approval of 12 separate spot Bitcoin ETFs within the next week.
Analysts predict that there may be a lag time of a month or more before these highly-anticipated offerings actually launch, even if they are approved by the Securities and Exchange Commission (SEC).
Grayscale, the largest cryptocurrency asset manager in the US, is also reportedly engaging directly with the SEC to convert its Grayscale Bitcoin Trust to a spot Bitcoin ETF.
The US has yet to see a spot Bitcoin ETF approved, which would allow investors to gain indirect exposure to a financial product backed by BTC.
BTC briefly hit the $37,000 mark before retracting, with data from various market platforms showing the surge taking place at 8.09 am EST on Nov. 9.
The wider markets reflect optimism over the pending approval of ETFs, as it would open up more opportunities for institutional and retail investors to enter the market.
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Despite Bitcoin reaching $37,000 and showing strong gains, traders are skeptical of the recent price surge.
Material Indicators noted that there is no strong support for BTC at its current level and that volume is declining.
The lack of volume during this uptrend is concerning to some, as it could lead to a potential correction.
Skew pointed out that there is a large selling force at the $40,000 level, which could affect market sentiment.
Meanwhile, open interest in BTC futures has reached a 7-month high, indicating growing interest and potential for further price increases.
However, market commentator Tedtalksmacro cautioned that the market tends to fade these open interest impulses during bear markets.
Ultimately, the market's reaction to increasing open interest could be a key indicator of future price movement.
Material Indicators noted that there is no strong support for BTC at its current level and that volume is declining.
The lack of volume during this uptrend is concerning to some, as it could lead to a potential correction.
Skew pointed out that there is a large selling force at the $40,000 level, which could affect market sentiment.
Meanwhile, open interest in BTC futures has reached a 7-month high, indicating growing interest and potential for further price increases.
However, market commentator Tedtalksmacro cautioned that the market tends to fade these open interest impulses during bear markets.
Ultimately, the market's reaction to increasing open interest could be a key indicator of future price movement.
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Recent data shows an interesting trend for Bitcoin, with over 700,000 new BTC addresses created in one day. This suggests strong demand for the cryptocurrency and could be seen as a bullish signal.
This expansion of the network has historically preceded upward movements in Bitcoin's price as scarcity takes hold and buyers are motivated to increase bids.
Despite altcoins leading the market's rally, Bitcoin's price has remained stable around $35,000. However, a 16% increase in trading volume indicates underlying buying interest, which could lead to further stability and a price increase.
Key levels to watch out for are $34,314k, $34,714, and $35,119, which represent important support and resistance thresholds. These could determine whether Bitcoin maintains its momentum and reaches the significant $40,000 level.
Capital inflows into cryptocurrency funds have also been observed, reaching the highest levels since the last bull market peak. This is a sign of growing investor confidence and reinforces the market demand for Bitcoin.
The convergence of increased trading activity, substantial inflows, and the buzz around a potential Bitcoin ETF could propel the cryptocurrency's price even higher.
If these trends continue, a meaningful recovery in Bitcoin's price could be on the horizon. This reinforces the belief of market analysts that there is strong demand for Bitcoin and bodes well for its future performance.
This expansion of the network has historically preceded upward movements in Bitcoin's price as scarcity takes hold and buyers are motivated to increase bids.
Despite altcoins leading the market's rally, Bitcoin's price has remained stable around $35,000. However, a 16% increase in trading volume indicates underlying buying interest, which could lead to further stability and a price increase.
Key levels to watch out for are $34,314k, $34,714, and $35,119, which represent important support and resistance thresholds. These could determine whether Bitcoin maintains its momentum and reaches the significant $40,000 level.
Capital inflows into cryptocurrency funds have also been observed, reaching the highest levels since the last bull market peak. This is a sign of growing investor confidence and reinforces the market demand for Bitcoin.
The convergence of increased trading activity, substantial inflows, and the buzz around a potential Bitcoin ETF could propel the cryptocurrency's price even higher.
If these trends continue, a meaningful recovery in Bitcoin's price could be on the horizon. This reinforces the belief of market analysts that there is strong demand for Bitcoin and bodes well for its future performance.
