$BTC fell all the way down after falling below the 100,000 round number today, accelerated after falling below 97,000, and stopped falling until 92232. This is also the support position where buying orders are piled up around 92,000 as mentioned in the previous article. And quickly rebounded to more than 96,000. Next, I hope to use the market to replace the decline and hold on until January.
After three dips following the earlier high of 104,000 at #BTC重返10万 $BTC , the retracement was limited, and two days later, sell orders were engulfed (of course, some were) short positions being closed. We can observe a key point: the borrowing rate of funds has significantly decreased, and the interest rate for USDT's spot lending has rapidly declined, indicating one thing: leverage utilization has decreased, the vehicle is lighter, which is a good thing. Currently, the psychological support is between 97,000 and 100,000, with previous buy orders accumulating support around 920,000, so not much capital is needed to lift the index. Let's wait and see if there will be a Christmas gift market.
🎄Christmas Gift🎁 $EIGEN for $ALT Pledger's Christmas Donation🎁
AltLayer
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🔊 Delighted & humbled to share that @eigenfoundation has offered AltLayer a grant of 1M EIGEN tokens in recognition of our past & ongoing contributions to the flourishing @eigenlayer ecosystem.
The Christmas gift market has arrived early! $BTC Key points: 1. Last week, leveraged positions were cleaned out, creating pressure vacuum. 2. The Federal Reserve confirmed interest rate cuts in December. 3. The exchange's BTC stock level is insufficient. 4. Whales are going long on futures to seize short-term opportunities. 5. Nasdaq 100 incorporates MicroStrategy.
Now we can start the fixed selling plan: sell slowly for peace of mind and safety. #加密市场狂欢 #纳斯达克100指数宣布纳入微策略
富貴B人
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Bullish
After three dips following the earlier high of 104,000 at #BTC重返10万 $BTC , the retracement was limited, and two days later, sell orders were engulfed (of course, some were) short positions being closed. We can observe a key point: the borrowing rate of funds has significantly decreased, and the interest rate for USDT's spot lending has rapidly declined, indicating one thing: leverage utilization has decreased, the vehicle is lighter, which is a good thing. Currently, the psychological support is between 97,000 and 100,000, with previous buy orders accumulating support around 920,000, so not much capital is needed to lift the index. Let's wait and see if there will be a Christmas gift market.
Binance Launchpool is finally launching new projects at the end of the year! This issue's project is the $vana personal data resale. To be honest, I don't have high hopes for this track.
From the demand side, I can't think of any personal data that AI developers wouldn't buy from him; from the supply side, most data in the crypto space is transparent, especially on-chain data that can be mined. If there really is private data, like health data or GPT conversations, top-tier individuals' data would not be sold cheaply, and the low-quality fake data created by common profit-seekers is of no use.
This issue's approach: stake 2 ETH with 6000U, buy $BNB BNB to participate, and aim for a quick profit, then run away after getting the gains.
Binance Announcement
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Binance Launchpool Launches 62nd Project, Use BNB and FDUSD to Earn Vana (VANA)
Important Notice: Binance will be the first platform to list this token, trading will open at 18:00 (UTC+8) on December 16, 2024. Any claims of selling this token before the specified timeline are false advertising. Please do your own research to ensure the safety of your funds! Dear Users: Binance Launchpool has now launched the 62nd project - Vana (VANA), a native EVM-compatible L1 blockchain for users holding data. Users can deposit BNB and FDUSD into the VANA reward pool on the Launchpool website after 08:00 (UTC+8) on December 14, 2024 to obtain VANA. The VANA activity lasts for a total of 2 days. The website is expected to update within approximately twelve hours of this announcement, before the event opens.
After three dips following the earlier high of 104,000 at #BTC重返10万 $BTC , the retracement was limited, and two days later, sell orders were engulfed (of course, some were) short positions being closed. We can observe a key point: the borrowing rate of funds has significantly decreased, and the interest rate for USDT's spot lending has rapidly declined, indicating one thing: leverage utilization has decreased, the vehicle is lighter, which is a good thing. Currently, the psychological support is between 97,000 and 100,000, with previous buy orders accumulating support around 920,000, so not much capital is needed to lift the index. Let's wait and see if there will be a Christmas gift market.
$THE vs liveTHE Decoupling and Coupling Dynamic Game
Everyone loves discounted products, especially now during the Thanksgiving crazy sales. Right now, there's an opportunity to buy at a 46% discount from the original price, would you buy it?
liveTHE is the warp version of $THE staked veTHE (liquid), you can stake it, exchange it, and it will automatically appreciate in value.
Arbitrage Opportunity: liveTHE is trading below the price of $THE . (After THE was listed on Binance, it quickly surged nearly 4 times, allowing those who originally staked veTHE to exchange for liveTHE and sell for arbitrage.)
This means: Each liveTHE token represents more THE than its current market value. (At a discount)
Will it be pegged?: The protocol uses all fees collected from veTHE holders to repurchase liveTHE (weekly), until its value is restored to be equivalent to THE. When the peg is corrected, 1 liveTHE equals 1 THE.
Passive Income: Staking liveTHE allows you to earn a portion of the platform's income.
How to do it: Purchase liveTHE at a discounted price on THENA or other DEXs. Staking liveTHE on Abacus can earn you additional rewards!
There are many short-term opportunities to disclose information. The big guys told me to buy it and hold it until Durov comes out. Buy Low Sale High, the timings are all public. #Telegram创始人被捕 $TON
PANews
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Memeland team: Treasury funds have been used to purchase $1 million worth of TON to support Durov
PANews reported on August 26 that the Memeland team announced on Twitter that it had used $1 million of the team’s treasury funds to buy TON on the open market and would hold it until Durov was released. According to previous news, DWF Labs founder Zhu Su and others had used similar methods to support Durov.
Three-in-one $FET $OCEAN $AGIX > $ASI The three AI blockchain protocols merged to become bigger and stronger It would be even more popular if the depin concept could be integrated
#TIA Before, the volume shrunk and fell in shock (Figure 1). Without volume support, it was difficult for the price to rise. The day before yesterday and yesterday (Figure 2), I did a 2nd test on the 4-hour line, and the trading volume also surged. I added some spot stocks at 9 yuan. I use the DCA average cost method for my trading: divided positions, never full positions, and the ratio is 433 or 532.
#ena Every bull market needs a stablecoin system supported by a Ponzi flywheel. The last one is the algorithmic stablecoin $USTC . Behind it is $LUNA , which flies up to the sky with the left foot and the right foot. And this bull market is a hedging stablecoin $ENA , and behind it is the support of #Eth , which is pledged with interest and deflation. The stability of this bull market will be proven at the end. The invention of the perpetual contract was hailed as a major innovation. It only cost capital, and there was no need to adjust positions upon expiration to reduce capital wear and tear. So should ENA be bought? To me it's an interest discount.
#slerf $SOL The meme on the chain is dancing wildly, the most ridiculous slerf. At the opening, 50,000 sol and the coins to be airdropped were all burned... The sickle bandits and whales poured money into it like crazy...
Tonight, an exchange is going to list the currency. The old trick is: after the listing, the contract is doubled and the funding rate and price drop are doubled. However, because the market capital accumulation period is too short, less than 24 hours, it will be troublesome for family members who want to open short orders. " Do it after 3-5 days. If you rush too fast, you will be swallowed up by the mad dog wave of funds.
I myself want to wait for Binance to stop running wild, so these days I go long $SOL , which is stable.
#BOME Binance is giving away💰. Basically everyone has the spot in hand. Binance will launch the contract tonight. The funding rate is 2%, settled once every 4 hours, and the funding rate is collected 6 times in 24 hours. I hope you can understand. It’s really delicious to open a double contract, short position, hedging and pay the capital fee🥳
Binance Announcement
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Binance Will Launch BOME 1-50x U-Based Perpetual Contract
Dear user: In order to provide more Binance futures trading options and improve user trading experience, Binance will launch the BOME 1-50x U-based perpetual contract at 20:30 on March 16, 2024 (Eastern Eighth District time). More information about the BOME U-based perpetual contract is shown in the table below: The U-standard perpetual contract BOMEUSDT will go online at 20:30 on March 16, 2024 (East Eighth District time). The underlying asset BOOK OF MEME (BOME) settlement asset USDT minimum change price is 0.000001 and the upper limit of the funding rate is +2.00% / -2.00% funding. Fee settlement frequency every four hours Maximum leverage 50x trading hours 24/7 multi-asset mode support
#bnb The result of not being firm in your position is big losses (893.5-765) 😂😂, I transferred my position to Ethereum Cancun to upgrade halfway and ended up feeling lonely😔. Now I wipe my saliva and silently climb towards 1000 step by step. I hope the price will not Fly to 1000 first. $BNB Wait for me
富貴B人
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As long as I accumulate 106.5 more $BNB, the number will be 1,000. My family, I will continue to work hard and strive to achieve the goal in 2024. #內容挖礦 #BNB🔥
#tia It seems that the floating amount has almost been washed out after so long. When other currencies exploded by 10-20%, the $TIA in my bag was still spinning in place. After #坎昆升級 , the L2 transaction fee was significantly reduced, but the DA layer tia is better than yours It’s still low, so why don’t you use DA?
The investment logic is to hold and wait if you are right #hodl
#BNB 500 yuan, with a trembling heart, I cleared the leverage, deducted the borrowing cost, the price difference per unit was 65, and all was paid back to $BNB
The 92% intersection line has entered the calf top range. For those who are empty-handed, pulling back is the buying point. The support point is 52000/48000. #BTC #小牛行情
CryptoChan
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The fishtail market before the BTC calf top is so fat~😎
One thing to keep in mind is that the calf is part of the bull, and the calf market is just a gift from the bull in the warm-up phase.
Don’t get off, don’t get off, don’t get off, say important things three times, so as not to miss the great news😏
BTC reached a calf top in 2012, with the highest indicator on the chain reaching 94%; In 2016, BTC reached a calf top, and the indicator on the chain reached a maximum of 95%; In 2019, BTC reached a calf top, and the indicator on the chain reached a maximum of 96%; Currently, the indicator on this chain reaches a maximum of 92.2% (hourly data).
The black line in the figure is the price of BTC; the blue line is the number of BTC in floating profit on the chain as a percentage of the total circulation of BTC (BTC that has not been moved on the chain for >7 years is considered to be long-term dormant or lost and is excluded from the calculation).
#Portal #BNB This period of mining is super involved, with more than 400 million US dollars in BNB in the first 24 hours, and it is estimated to exceed 1 billion US dollars in the whole period. There is no big meat in this period, only minced meat. You can just take some candy with a small amount, and the pledged currency calculation is There is currently a discount (interest expense is greater than expected income)
Odaily星球日报
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BNB holders sent over $400 million worth of BNB to Binance in the past 24 hours to participate in Portal coin mining
Odaily Planet Daily News According to Arkham, in the past 24 hours, BNB holders sent more than $400 million in BNB to Binance to participate in PORTAL new currency mining. The data shows that 7 different addresses sent over $10 million in BNB, with the largest whale sending over $40 million in BNB. Previously, it was officially announced that Binance New Coin Mining has now launched the 47th phase of the project - Portal (PORTAL). This is a cross-chain gaming platform dedicated to allowing more players to join the world of Web3. Users can invest BNB and FDUSD into the PORTAL mining pool on the Launchpad website after 08:00 on February 22, 2024 (Eastern Eighth District time) to obtain PORTAL rewards. PORTAL can be mined for a total of 7 days. The website is expected to be updated within approximately five hours of this announcement and before the mining activity opens.
#新幣挖礦 Every time Binance opens a new coin for mining, $BNB will rise a lot, so as soon as the news comes out, BNB will be bought immediately. The increase can basically cover the loan interest during the mining period, which is equal to zero😀 When the new currency is listed, the income earned will be converted into BNB. Repeatedly accumulating your BNB will gradually increase. #BNB #Portal #永賺
Binance Announcement
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Binance Launches 47th Newcoin Mining Project, Using BNB and FDUSD to Mint Portal (PORTAL)
Dear user: Binance New Coin Mining has now launched the 47th phase of the project - Portal (PORTAL), a cross-chain gaming platform dedicated to allowing more players to join the world of Web3.0. Users can invest BNB and FDUSD into the PORTAL mining pool on the Launchpad website after 08:00 on February 22, 2024 (East Eight District time) to obtain PORTAL rewards. PORTAL can be mined for a total of 7 days. The website is expected to be updated within approximately five hours of this announcement and before the mining activity opens. New currency listed Binance will list Portal (PORTAL) at 18:00 on February 29, 2024 (Eastern Eighth District time), and open the PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD and PORTAL/TRY trading markets, applicable Seed Tag Trading Rules.
#alt空投 Qualified $TIA stakers can apply for the $ALT AltLayer airdrop. The official page shows that the ALT airdrop for Celestia stakers has been opened for redemption at 16:00 on February 20. The deadline for airdrop redemption is March 5-16 :00 URL https://airdrop.altlayer.io/ (Be careful of being scammed by phishing)
I forgot to divide the account when staking, so I only received a small amount of 902😅