Every time BTC increases strongly like this, many people tend to be impatient, deciding to place orders or Long/Short immediately. But you should note the following points:
1. BTC's uptrend happens very quickly: When you FOMO (fear of missing out on the opportunity), the price is usually finished increasing or only has a little more to increase.
2. Low profit, high risk: In investment, this is not good at all (as long as there is money, there is still opportunity). Don't buy something that has flown too high and is likely to hit the top.
3. Only buy sporadically when the price drops sharply: BTC may drop deeper and when is unclear, but buying gradually will help reduce your risk.
4. No matter how much or how little money you have, if you make a profit, don't be greedy and enter margin or futures (except for those who play for a long time, know how to manage risk, and set full stoploss).
5. In my opinion, if there is no new cash flow, $BTC will SW this period, there will be a few ALTCOINs that suddenly grow (remember to pay attention to the old coins that Binance holds a lot because CZ is about to be free).
6. Every time the market is green, there are often many good deals, wait for Research and enjoy.
FTX may release new information in the next 24 hours.
On October 7, FTX will hold a discussion to agree on a restructuring plan.
FTX is expected to update creditors on the "liquidation" information. We will know how much FTX will pay and whether it will be paid in USD, stablecoins such as USDT, USDC, or even crypto.
In the process of liquidating existing tokens, FTX will prioritize repairing most of the damage to traditional organizations.
The amount of crypto returned to the market may not be much, and the general sentiment is still to hold assets waiting for prices to increase. FTX's latest move was to liquidate a portion of WLD tokens owned by Alameda Research on October 4.
In terms of price, WLD tokens did not suffer much negative impact when this information was announced. Tokens that may fluctuate when the news comes out are $FTT, $USTC, $LUNC.
Currently, the BTC has closed a new ATH of 79k8 this morning, indicating strong buying pressure from the market.
New tokens recently like DOGS, HAMSTER, ALP, and even ADA have also skyrocketed. It can be said that this is a signal indicating that the ALTCOIN season has begun to take shape.
Tokens that have good models, good technology, and high application value that have accumulated over time will soon soar.
Another slight highlight is that exchange tokens in previous pre-uptrend phases have also performed remarkably well.
I am particularly paying attention to the NOT, SOL, TON ecosystems at this moment because of the very good cash flow. The ALTCOIN season will probably really begin when BTC reaches 100k (personal opinion).
-The profit-taking volume has significantly increased, reaching a daily increase of 635 million USD. -Although this figure is impressive, it is still relatively modest compared to the peaks of previous bull cycles. -In the context of daily trading volumes that can reach billions of USD, this level of profit-taking represents only a small fraction. -There is an increase in profit-taking activity, but investor sentiment remains positive. -There are no signs of a major sell-off wave. -Compared to previous cycles, the current profit-taking level is much lower, indicating that the market is in a process of accumulation and stabilization.
1️⃣ First: » Both whales and smart traders on DEX platforms have been continuously selling $DOGE for the past 30 days. However, some wallets of smart investors have started accumulating $DOGE in the last 7 days. —> Therefore, if you are experiencing FOMO (fear of missing out) in the short term, you may want to track the movements of the Smart Money group. However, in the medium term, smart traders on DEX and whales have been buying in early and are starting to take profits. 2️⃣ Second: PRO+ dashboards reveal many other potential coins. Why choose tokens that have already increased in price? 🤓 I mean, you could also have a similar position with a PRO+ account to get in early. For example: » INST: All three groups have been continuously accumulating for the past 30 days, with an average price ranging from $1.7-$2. » PEPECOIN: The majority of investors have maintained an optimistic mindset over the past 30 days and are now starting to take profits. Tip: » Choose tokens with many green boxes 🟩, especially those that are steadily growing or transitioning from red to green. » If you see many red boxes 🟥 appearing, it means the distribution process has started, and buying at this time will no longer be a good entry point.
RWA is one of the standout topics among the 800 side events at Token2049, alongside AI.
RWA gained renewed attention after BlackRock's CEO suggested that all assets could be tokenized, and the recent success of Tether, which reported nearly $5 million in profit, highlighted the potential of stablecoins.
Over the past 7 days, $LINK and $ONDO had the highest outflows. While $LINK showed positive performance, $ONDO did not. $MKR, $TOKEN, $RIO, and $IXS also drew attention for their significant shares in the current balance.
Information on the top 7 Layer 2 blockchains based on the number of active addresses:
Base has the highest number of active users at 1.43M per day, indicating strong appeal and high usage. Total value locked (TVL) is $3.25B, ranking second in TVL. This may reflect user interest and high liquidity on the platform.
Celo has 650K active addresses, taking the second spot, but has a modest TVL of just $129M. This disparity may suggest that users are mainly using the platform for small-scale transactions or decentralized purposes rather than large investments.
Arbitrum has the third highest number of active addresses at 470K, but has the highest TVL at $4.01B. This suggests that Arbitrum is attracting large investors and could be a reliable platform for large DeFi operations.
Scroll, Linea, Optimism, and zkSync have lower active addresses and TVL. While these platforms attract a certain amount of users, low TVL could indicate lack of competition in terms of liquidity or limited application.
Overview: Base and Arbitrum stand out in both user activity and TVL, suggesting their dominance in the Layer 2 market.
Celo shows potential for growth in user acquisition but needs to improve TVL to optimize the value of the platform. Other platforms such as Scroll, Linea, Optimism, and zkSync may need to improve features or liquidity to attract more investors.
Fundamental indicators of the#Bitcoinnetwork are becoming positive Recently, the#hashrateof#Bitcoinhas skyrocketed to an all-time high of over 400 #EH/s (exahashes per second), indicating that the competition in mining activities is getting fiercer. This has pushed the mining difficulty (#difficulty) to a new record high of nearly 62.46T (trillion).
The increase in#hashrateand mining difficulty shows that the intrinsic value of#Bitcoinis increasing, making Bitcoin an increasingly attractive investment for large investors (Smart Money).
In addition, the number of#Bitcoinwallet addresses active in the past 30 days has also increased sharply since mid-September, signaling an increase in on-chain transactions. The total#Bitcointransaction fees are also skyrocketing, indicating that on-chain transaction activity is becoming more and more active.
Typically, when the#Bitcoinprice increases, the number of active wallet addresses and on-chain transactions also spike, leading to an increase in network transaction fees.
In short, the fundamentals of the#Bitcoinnetwork are showing similar patterns as in previous bull phases. Even if the market may face a correction or accumulation in the near future, the bullish trend is likely to continue.
Former President Donald Trump Faced Third Assassination Attempt?
Initial information: Former President Trump faced a third assassination attempt on October 13, but the information has only just been revealed.
Coachella incident: The incident occurred near Trump's campaign event in Coachella, California. Vem Miller, 49, was arrested at a checkpoint carrying a gun and ammunition.
Arrest details: Miller was illegally armed and used a fake VIP and press pass. However, the FBI assessed there was no clear evidence of intent to assassinate Trump.
Who is Miller?: Miller is a libertarian extremist who believes in citizen sovereignty and is a member of the Republican Party. He has been involved in politics in Nevada.
Legal outcome: Miller was released on $5,000 bail and is scheduled to appear in court in January on a charge of illegal possession of a weapon.
Two previous assassination attempts: Trump has survived two previous assassination attempts: one in July in Pennsylvania and one in September at his golf course in Florida.
How Does the CRYPTO Market Affect Post-Election Politics?
37% said that a candidate’s stance on cryptocurrencies had a significant impact on their vote. 73% said that this stance had some impact on their vote.
Based on these results, a number of conclusions can be drawn: The Importance of Cryptocurrencies in Politics: Cryptocurrencies, especially Bitcoin, are becoming an increasingly important factor in elections, as candidates’ stances on the field have a significant impact on voters. For some voters, this can determine whether they vote for that candidate or not.
Bitcoin and Changing Political Stance: If more voters are interested in cryptocurrencies, candidates may adjust their stances to appeal to this group of voters. This could influence future policies related to cryptocurrencies and blockchain.
Impact on Bitcoin Market: If a candidate has a positive stance on cryptocurrencies, especially Bitcoin, the market may react positively when this candidate is likely to win the election. On the contrary, if the candidate has a negative stance, there may be concerns about tightening management and regulations, which will negatively affect the market.
Overall, the election does not have a big impact on the crypto market during the time it takes place, but in the long term and the direction of development if it is not Trump, the gloomy trend is quite high, the chance of a super uptrend will be very low.
Currently, $SCR (Scroll's token) has been allowed to be farmed by Binance through Launchpool quite early. This leads to a large amount of $SCR being sold immediately on Pre Markets when the token has not been officially listed (TGE), causing the price of $SCR to be dumped heavily.
Selling pressure and price increase opportunity: With 5.5% of the total supply of $SCR being issued on Pre Markets, there will be quite a lot of selling pressure, especially from those who farmed $SCR from Launchpool. However, this can also open up opportunities for price increase in the future. Those who sold $SCR during the Pre Markets will have to buy back $SCR on the exchange when the token is officially listed to pay those who bought. This can create a price boost when supply and demand change, pushing the price of $SCR higher after the TGE takes place.
Scroll's strategy? The question is whether this is a deliberate strategy by Scroll to boost the token price? This possibility cannot be ruled out, as post-sale buyback pressure could see the price rise rapidly.
Current price situation: Currently, $SCR is at around $1.2, with FDV (Fully Diluted Valuation) at $1.2B, significantly lower than the price at which VCs bought in the last round at $1.8. This suggests that if there is a supply-demand adjustment after the TGE, $SCR is likely to increase, especially since VCs have joined at a higher price.
Considering the layer2 valuation of 200M ~1$ playable !!
🔵 While inflation cooled slightly from the previous month, the core CPI — which excludes volatile food and energy prices — was still higher than expected at 3.3%.
How does this impact financial markets?
🥇Gold: Gold could face downside pressure in the short term due to higher-than-expected inflation data. However, its role as a safe haven could support prices if inflation remains a concern.
📊 Stocks: Higher core CPI figures point to persistent inflation, which could increase the likelihood of the Fed maintaining tighter monetary policy. This could lead to a more cautious approach from stock investors, potentially leading to short-term volatility.
Crypto: The cryptocurrency market typically reacts positively to inflation concerns, as digital assets are seen by some as a hedge against currency depreciation. However, continued volatility in traditional markets could also lead to short-term price volatility.
📡 Bottom Line: With inflation still on the rise, all eyes are on the Federal Reserve’s next move. For now, investors in gold, stocks, and cryptocurrencies will need to navigate a complex economic landscape. #Write2Win #Write2Earn!
In the hunt for Market Makers (MM) who specialize in pumping and dumping, the FBI personally created the NexFundAI token on Ethereum to lure the sharks to “take the bait”. The FBI acted as a project that needed to hire MM After that, 4 crypto companies such as Gotbit, ZM Quant, CLS Global, MyTrade and 14 individuals were accused of market manipulation, with more than $25 million in crypto seized.
The FBI set up too high, the MMs couldn’t react in time 😂 The virtual market was all over the place...
🟡 50 basis point rate cut: The Fed decided to lower interest rates to a range of 4.75%-5.00% to support the economy and address potential risks from slowing growth.
🟡 Internal debate: Some FOMC members, including Governor Bowman, argued that a rate cut should be more cautious, favoring a 25 basis point cut instead of 50.
🟡 2024 forecast: Interest rates are expected to continue to fall, with a new target of 4.4% instead of 5.1% as before. This suggests that the Fed may make smaller cuts in the future.
🟡 Focus on economic data: The Fed will continue to closely monitor employment and inflation data before making its next rate decision.
🟡 Concerns about economic growth: Some FOMC members stressed that the economy still faces many challenges, especially due to the slow impact of previous rate hikes.
🟡 Inflationary pressures remain: Although inflation has declined, the Fed is still concerned about the risk of inflation returning if it cuts rates too quickly or not well controlled.
🟡 Different views on easing rates: Some FOMC members favor aggressive cuts to stimulate the economy, while others warn that this could cause imbalances if not managed carefully.
Memecoin Charity Trend, Vitalik Pushes It With "SUPER SEVER" Level
Recently, the memecoin charity trend is hot, and who else is leading the movement but Vitalik - the real "charity saint"!
The thing is, he donated to $NEIRO on August 15 when its capitalization was around $3M, and then on September 16, $NEIRO landed on Binance Spot.
The result? Now, $NEIRO's capitalization has reached... $700M, equivalent to x200 times! 🚀
Last night at 7pm, Vitalik also gently and subtly "criticized" the charity memecoin through a post in which he emphasized two typical "warriors":
1/ Moodeng - the project that sent Vitalik a total of 50 billion coins (don't worry, only 10 billion were donated). This $182,000 is used to help fight airborne diseases. Vitalik is still "holding" 40 billion $MOODENG, worth nearly 8 million dollars! Thanks to this move, $MOODENG's capitalization has tripled to 80M cap. 💸
2/ Ebull - no less solemn, was also "chosen" by Vitalik as a typical example of a charity memecoin. The result? $EBULL flew x10, pushing the capitalization to 8M cap. 💥
Many projects are racing to send coins to Vitalik, but don't think it's easy! Many brothers teased Vitalik and ETH, but the result was only getting a picture of... The Bull with the message: "Ethereum is good" 😂 .
The current financial market shows a slight correction, with Bitcoin falling slightly but still stable above $63,000. Positive news from FTX and rising oil prices are affecting market sentiment. This week, the CPI index and the FED's interest rate decision will be closely watched.
The US stock market has a slight correction this week, but the Bitcoin price remains stable, without major fluctuations. Meanwhile, the oil price index has increased rapidly due to concerns about the situation in the Middle East.
The upcoming CPI index may affect the FED's decision to cut interest rates. Many investors currently predict that the FED will only cut 0.25% in the near future.
The US employment situation is still stable, there is no need to cut interest rates as strongly as 0.5% in the near future. This makes many investors more optimistic.
The US 10-year bond index has increased to 4.08%. This has implications for home loans and the real estate market.
The constant changes in financial markets make it difficult for investors. Bitcoin and other assets are also heavily influenced by interest rate decisions.
CATS list 4 big exchanges Time 5pm 8/10 Launchpool gifts are too much. Will Binance collect all the Animal sets for me? I guess this time it will! What do you think?
FTX is preparing to auction 22.3 million Worldcoin (WLD) tokens worth around $35.7 million, at a discount of up to 75%.
These tokens are believed to be from the 25 million WLD allocation to Alameda Research a year ago (unknown unlock conditions), with the fund having started depositing tokens on Binance 2 months ago. The remaining is being offered OTC at a large discount, aiming to raise money in one lump sum instead of a vesting period that lasts until 2028.
There is no information on Alameda Research in WLD's fundraising rounds, but if invested in the first round, the WLD price could be $0.1/token, which is a 16x increase from the current price. One-time OTC sales at a steep discount are a familiar method for investment funds.
Instead of public sales, many funds tend to "sell secretly" and then announce a new fundraising round, creating greater risks. Remember a year ago, FTX also announced the sale of 3.4 billion USD including $SOL, $FTT, $BTC, $ETH, $APT... but these assets all increased sharply later.
ABOUT TO SELL BIGLY, EVERYONE.... FOLLOW AND COMMENT below !!
🖥 As we enter “Uptober”, several important crypto projects are scheduled to unlock a large portion of their tokens.
Here are the notable ones:
♾ Celestia (Oct 30): $1.1 billion worth of TIA tokens, representing 81.94% of supply, this massive unlock will kick off a daily emission of nearly $6 million over the next year.
💧 Sui (Oct 1): $115.6 million worth of tokens (2.40% of supply).
🌑 Aptos (Oct 11): $92.2 million worth (2.25% of supply), a Layer 1 project to watch closely.
🏧 Arbitrum (Oct 16): $60.1M worth (2.56% of supply), with a big DeFi appeal.
HMSTR—The Upcoming Token That Will Shake the Market!
With 63% of the total supply already circulating and a pre-market price that has skyrocketed from $0.001 to $0.14, the battle is officially on.
Key Points to Watch:
Tokenomics: 63% of the supply is already circulating at the TGE (Token Generation Event), while 12% is locked in an airdrop. This could lead to selling pressure, so be prepared for potential volatility.
Market Comparison: Similar projects have achieved Fully Diluted Valuation (FDV) of $800-900 million. If HMSTR hits $1 billion, the token price could surge to $0.015! 🔥 Estimated Launch Price: Expect the price to hover around $0.008-0.009, with an estimated market cap of $500-600 million on the first day.
Market Volatility: Excitement from Binance Launchpool and speculation can cause strong fluctuations in token prices. Investments should be cautious during this period.
Investor Checklist:
Watch the Circulating Supply: Pay attention to the movement of the circulating supply and trading patterns in the first few days.
Set Reasonable Expectations: A stable price range of $0.01-0.05 is possible. Don’t get caught up in the short-term hype.
Watch partnerships and token burns: These factors can have a strong impact on the price in the long term.
Price Range Prediction: Fail: $0.008-0.009 Average: $0.01-0.05 Hot: $0.015
Can HMSTR reach $1 billion? 🐹 Only time will tell. FOLLOW ME for updates and remember to make smart decisions and invest carefully!