Blue Magic
@FreeWilly919
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Attention Traders!
Be patient! There is no Santa Rally, #BTC will remain in the range of $92 and $99 until Trump takes office, but take advantage of accumulating Alts for the #altsesaon
#Bitcoin❗
#Ethereum #Santarally
Be patient! There is no Santa Rally, #BTC will remain in the range of $92 and $99 until Trump takes office, but take advantage of accumulating Alts for the #altsesaon
#Bitcoin❗
#Ethereum #Santarally
liquidated, min liq price:10
My entry point is correct ?
$LINK
$LINK
Add support that does not have a liquidation price and leave it for 3 months, you will be rich, this is a long-term game, it is the only way
Hello
anyone expert person please tell me hold it or close I was stuck bad in this trade before 4 days and it is still in loss. Is there any chance to recover or I book profit in this trade see my entry and guide me
anyone expert person please tell me hold it or close I was stuck bad in this trade before 4 days and it is still in loss. Is there any chance to recover or I book profit in this trade see my entry and guide me
$BTC
$BTC
The brave die once, but the fearful die every day. Believe in #Bitcoin and trust the cycle. HODL$BTC
The brave die once, but the fearful die every day. Believe in #Bitcoin and trust the cycle. HODL$BTC
🤑💰
Quoted content has been removed
$BTC $ETH 😱
Ualifi Araújo
--
Bullish
Analysis $BTC 05/28/2024
Bitcoin, surprised...I was really surprised yesterday, and don't think it was with the price falling, I was surprised how people still fall into the same trap every time, no matter how many times any news related to MT.GOX comes out, every time Sometimes a lot of people start selling for nothing.
People act as if at no point should Gox victims receive their BTCs or money, it will happen at some point, and there is nothing we can do, but that doesn't mean we will have all these holders selling at the same time , so just stop selling because of GOX, we will go years and years and you will keep falling for the same FUD?
That said, let's get on with life...
We had a drop yesterday and it came lower than expected, but we already know that it was not a natural drop and what is even more obvious is that we must hold the vast majority of these BEARS that are at USD 69,500. What makes me optimistic here is that there were no big bulls positioned at USD 67,500, however, a big whale made a really big spot purchase here and we should have some support for us to pull back this current candle and open the other one positive.
We are currently being supported by the EMA 100 (4h), so I expect an important reaction from cash buyers here and that is what we have already started to see.
Yesterday, as I said earlier, I hoped it wouldn't be so easy to break USD 70,500 but obviously we weren't supposed to go down that much, but we already know the reason, so I think that in the next test at 70,500 it will be broken and we will go to USD 73K .
The big bulls have not moved, they remain at the same prices, but spot buyers are acting here and should lead during the afternoon. However, the opposite is not true... see that the BEARS even though prices are falling, they have increased their positions, and are abandoning USD 71K and allocating themselves to USD 73K, they have NO conviction to hold the prices down here.
USD 73K this week, that's what I expect
Remember: THEY DON'T WANT YOU TO WIN THIS GAME!
(SHARE THIS GRAPHIC IF YOU CAN!)
Bitcoin, surprised...I was really surprised yesterday, and don't think it was with the price falling, I was surprised how people still fall into the same trap every time, no matter how many times any news related to MT.GOX comes out, every time Sometimes a lot of people start selling for nothing.
People act as if at no point should Gox victims receive their BTCs or money, it will happen at some point, and there is nothing we can do, but that doesn't mean we will have all these holders selling at the same time , so just stop selling because of GOX, we will go years and years and you will keep falling for the same FUD?
That said, let's get on with life...
We had a drop yesterday and it came lower than expected, but we already know that it was not a natural drop and what is even more obvious is that we must hold the vast majority of these BEARS that are at USD 69,500. What makes me optimistic here is that there were no big bulls positioned at USD 67,500, however, a big whale made a really big spot purchase here and we should have some support for us to pull back this current candle and open the other one positive.
We are currently being supported by the EMA 100 (4h), so I expect an important reaction from cash buyers here and that is what we have already started to see.
Yesterday, as I said earlier, I hoped it wouldn't be so easy to break USD 70,500 but obviously we weren't supposed to go down that much, but we already know the reason, so I think that in the next test at 70,500 it will be broken and we will go to USD 73K .
The big bulls have not moved, they remain at the same prices, but spot buyers are acting here and should lead during the afternoon. However, the opposite is not true... see that the BEARS even though prices are falling, they have increased their positions, and are abandoning USD 71K and allocating themselves to USD 73K, they have NO conviction to hold the prices down here.
USD 73K this week, that's what I expect
Remember: THEY DON'T WANT YOU TO WIN THIS GAME!
(SHARE THIS GRAPHIC IF YOU CAN!)
These underflown memecoins will explode in the imminent Bull Run 🚀
$TRUMPEPE The presidential elections in the USA are approaching and $PEPE knows it, this memecoin will have an exponential jump.
$BABYDOGE This memecoin is linked to the promising coin $DOGE and if DOGE has growth potential, the greater the growth of its $BABYDOGE
$VINU This memecoin linked to $SHIB is the most promising of these memecoins, and profit is assured with it. Buy to now!
A L T S E A S O N
$BTC #Bitcoin $ETH #Ethereum
#NEXBULLRUN #AltSeasonComing
#ALCOINTS
$TRUMPEPE The presidential elections in the USA are approaching and $PEPE knows it, this memecoin will have an exponential jump.
$BABYDOGE This memecoin is linked to the promising coin $DOGE and if DOGE has growth potential, the greater the growth of its $BABYDOGE
$VINU This memecoin linked to $SHIB is the most promising of these memecoins, and profit is assured with it. Buy to now!
A L T S E A S O N
$BTC #Bitcoin $ETH #Ethereum
#NEXBULLRUN #AltSeasonComing
#ALCOINTS
$BTC HALVING ALERT! 🚨 1464 Days Left! Meantime 👇
The recent surge in Bitcoin's price has been attributed to various factors, including institutional adoption and the recent halving event, which reduces the rate at which new coins are created. Miners are now rewarded 3.125 BTCs per block and in 1464 Days they will be rewarded for 1.5625. Currently, I see Bitcoin's future still split between optimism and caution. In fact, since its inception, Bitcoin has faced both highs and lows. To determine the next BTC's trend, I would put the attention on the following macro factors:
1) Can Miners Afford Their Current Expenses? 🤔
If miners can't afford expenses and new environmental laws comes in, they might sell BTC and consequently causing prices to drop drastically
2) Will China Join The Run BTC ETFs? 🐲
There are rumors that in the future, thanks to Hong Kong (first mover), Chinese whales might soon access spot BTC ETFs. This event could attract massive inflows in the crypto market.
3) How Long Tension In Israel, Ukraine & North Korea Will Last? 🪖
The expansion of wars could shake up the market even more and make people fall in FUD. This it translates into selling BTC for Gold, Silver and food
4) How Hard Will The Next Wave Of Regulations Hit? 🫵
Any new regulations, bans or restrictions imposed by major economies like the US, China or the EU could drastically affect the investor sentiment and thus the BTC's price.
I believe Bitcoin's long-term prospects will be positive only if miners switch to renewable energy (or find cheaper energy), regulators allow Chinese investors access to Bitcoin ETFs, geopolitical conflicts are resolved peacefully and there's active communication between industry players and policymakers!
STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝
#BitcoinHalvingEvent #BitcoinMining #BitcoinNews #BitcoinPricePredictions
The recent surge in Bitcoin's price has been attributed to various factors, including institutional adoption and the recent halving event, which reduces the rate at which new coins are created. Miners are now rewarded 3.125 BTCs per block and in 1464 Days they will be rewarded for 1.5625. Currently, I see Bitcoin's future still split between optimism and caution. In fact, since its inception, Bitcoin has faced both highs and lows. To determine the next BTC's trend, I would put the attention on the following macro factors:
1) Can Miners Afford Their Current Expenses? 🤔
If miners can't afford expenses and new environmental laws comes in, they might sell BTC and consequently causing prices to drop drastically
2) Will China Join The Run BTC ETFs? 🐲
There are rumors that in the future, thanks to Hong Kong (first mover), Chinese whales might soon access spot BTC ETFs. This event could attract massive inflows in the crypto market.
3) How Long Tension In Israel, Ukraine & North Korea Will Last? 🪖
The expansion of wars could shake up the market even more and make people fall in FUD. This it translates into selling BTC for Gold, Silver and food
4) How Hard Will The Next Wave Of Regulations Hit? 🫵
Any new regulations, bans or restrictions imposed by major economies like the US, China or the EU could drastically affect the investor sentiment and thus the BTC's price.
I believe Bitcoin's long-term prospects will be positive only if miners switch to renewable energy (or find cheaper energy), regulators allow Chinese investors access to Bitcoin ETFs, geopolitical conflicts are resolved peacefully and there's active communication between industry players and policymakers!
STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝
#BitcoinHalvingEvent #BitcoinMining #BitcoinNews #BitcoinPricePredictions
🤑
BlockchainBaller
--
Bullish
𝗔𝗿𝗲 𝘆𝗼𝘂 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝘁𝗼 𝘀𝗼𝗮𝗿 𝘁𝗼 𝗴𝗹𝗼𝗿𝘆 𝗼𝗻 𝘁𝗵𝗲 𝗥𝗘𝗭 𝗿𝗼𝗰𝗸𝗲𝘁?
Three days after its launch on Binance, it's trying to maintain its value ! On the fourth day, #REZ is showing off, reaching a high of 1.1550 from 0.29! 💥
Watch out for the resistance at 0.164 and the support at 0.1565, as once they break, things will become really crazy! 🌈💰
Join the REZ revolution now, and let's collectively make history instead of waiting on the sidelines! 🚀
#buythedip #BTC #fomc #BinanceLaunchpool
Three days after its launch on Binance, it's trying to maintain its value ! On the fourth day, #REZ is showing off, reaching a high of 1.1550 from 0.29! 💥
Watch out for the resistance at 0.164 and the support at 0.1565, as once they break, things will become really crazy! 🌈💰
Join the REZ revolution now, and let's collectively make history instead of waiting on the sidelines! 🚀
#buythedip #BTC #fomc #BinanceLaunchpool
See original
Cointelegraph
--
Binance Ties SAFU Fund to USDC: Is the Fund Missing Out on Potential Gains?
The Secure Asset Fund for Users (SAFU ) — an emergency fund established by crypto exchange Binance to cover user assets — contained various cryptocurrencies, such as Bitcoin (BTC), Tether (USDT), True USD (TUSD) and BNB (BNB).
But on April 18, 2024, Binance denominated the entire fund — 100% of SAFU assets — in Circle’s USD Coin (USDC).
The timing of this decision may seem odd, with the Bitcoin bull market in full swing, driven by the recent halving and high Bitcoin exchange-traded fund (ETF) volumes.
In the conversion, Binance exchanged 1.36 million BNB, 16,277 BTC and its holdings from USDT and TUSD to USDC.
With 100% of SAFU now essentially pegged to the U.S. dollar through a government-regulated stablecoin, what does this mean for Binance?
SAFU funds will lose value in exchange for security
In July 2018, Binance launched the SAFU and financed it by committing a small percentage of trading fees. On Jan. 29, 2022, the SAFU funds had reached $1 billion.
The fund’s dollar value has fluctuated amid crypto market conditions, waning during the bear market and reappearing above the $1 billion mark again in April 2024.
While denominating the fund in stablecoins will make it less susceptible to market swings, it also means that it will miss out on potential gains and be exposed to U.S. dollar inflation, as some market observers have noted.
Billionaire investor and Draper Associates founder Tim Draper told Cointelegraph that he thinks Binance’s decision to modify the fund is “short-sighted.”
He believes allocating 100% of a portfolio to a stablecoin pegged to the dollar is unwise, adding that he “doesn’t see government spending decreasing.”
Recent: Bitcoin L2s set to explode as Runes congest BTC network
“Governments have little incentive to decrease spending when they are able to print money that people accept,” he said.
Bitcoin is widely considered a safe haven asset, similar to gold. Inflation, money printing and geopolitical instability are considered ideal conditions for BTC. According to Draper, the SAFU will decline as Bitcoin rises:
“The dollar continues to decline against Bitcoin, and I believe that decline will continue and accelerate over time.”
For others, missing out on potential gains may just be the price Binance has to pay for a secure fund.
Ruslan Lienkha, chief of markets at fintech and crypto exchange YouHodler, agrees with Draper that “in such a configuration, SAFU funds will lose value due to inflation, but we can consider it as a payment for safety.”
Lienkha told Cointelegraph that Binance could benefit from USDC’s fully centralized stablecoin setup, as it would be “less exposed to hacker attacks, stolen USDCs are much easier to find and block than decentralized Bitcoin.”
He said that the SAFU “doesn’t have any specific investment goals, as it is a kind of insurance in case of emergency.”
It could be possible that Binance prioritizes security over long-term valuation, but is Binance deciding freely or following orders?
Binance may have its hands tied
Binance may not have made the sudden exchange of SAFU funds to USDC voluntarily.
Binance declined to answer Cointelegraph’s question about the precise motivations behind its decision. However, Binance’s recent history with U.S. regulatory authorities may be an important factor in adopting USDC for the SAFU.
Grant Gulovsen, a U.S. lawyer who works with crypto clients, told Cointelegraph, “Binance had agreed to monitoring by the U.S. Treasury as part of their settlement late last year, so this certainly could be related to that.”
In 2023, the Commodity Futures Trading Commission (CFTC) sued Binance for violating trading and derivatives rules.
Related: Here’s why CFTC suing Binance is a bigger deal than an SEC enforcement
The results forced Binance founder Changpeng Zhao to step down and settle a fine of $4.3 billion with U.S. authorities.
Another consequence of the case was an agreement with the United States Department of Justice (DOJ) to extensively monitor Binance operations.
Binance’s plea deal with the U.S. government also included five years of oversight by the Financial Crimes Enforcement Network (FinCEN), as detailed in an X post by former U.S. Securities and Exchange Commission official John Reed Stark:
Source: John Reed Stark
The change to USDC may be part of this new compliance agreement Binance has with U.S. authorities.
Why did Binance pick USDC? The stablecoin is widely branded within the crypto community as the market’s most regulated and compliant stablecoin.
According to the compliance professional and board member of Crypto Valley Association, Ekaterina Anthony: “U.S. law enforcement have the same amount of power on both Tether, Circle and Paxos. They can ask any of them to stop serving certain entities if they desire to.”
However, she told Cointelegraph that “it might be a bit more difficult to go after non-U.S. residents than to go after U.S. residents — that means that the directors of Circle might be easier ‘to grab.’”
Binance’s USDC move highlights importance of compliance
The crypto market has matured rapidly from being considered a Wild West market to being acknowledged by institutional investors, exemplified by the approval of U.S.-based spot Bitcoin ETFs in January.
Indeed, many crypto market observers anticipate a massive injection of capital from institutional investors in the near future as they become more comfortable with digital assets.
But, institutional investors require more secure and regulated markets.
This has created competition among stablecoin issuers to create products that are compliant with emerging regulatory frameworks.
USDT has dominated the stablecoin sector, mainly because it established itself as a first mover. However, Tether has been shrouded by fear, uncertainty and doubt due to its opaque approach regarding the assets backing USDT.
Recent: Changpeng Zhao four-month prison sentence lighter than expected
In contrast, USDC has branded itself as a highly regulated and compliant stablecoin since its launch in 2018. This has allowed USDC to take the lead in institutional adoption over Tether.
Circle has also applied as an authorized stablecoin issuer under the new European legal framework, the Markets in Crypto-Assets (MiCA) Regulation.
Binance has previously shifted the balance of SAFU funds to more regulated assets. In March 2023, it replaced the Binance (BUSD) in the fund with True USD (TUSD), reportedly in response to U.S. enforcement action against the former’s issuer, Paxos.
Binance’s move to adopt USDC may be highly induced by the oversight of the U.S. authorities. However, the exchange may be making a safe move, following the crypto industry’s trend of exhibiting regulatory compliance to attract the new wave of institutional investors.
But on April 18, 2024, Binance denominated the entire fund — 100% of SAFU assets — in Circle’s USD Coin (USDC).
The timing of this decision may seem odd, with the Bitcoin bull market in full swing, driven by the recent halving and high Bitcoin exchange-traded fund (ETF) volumes.
In the conversion, Binance exchanged 1.36 million BNB, 16,277 BTC and its holdings from USDT and TUSD to USDC.
With 100% of SAFU now essentially pegged to the U.S. dollar through a government-regulated stablecoin, what does this mean for Binance?
SAFU funds will lose value in exchange for security
In July 2018, Binance launched the SAFU and financed it by committing a small percentage of trading fees. On Jan. 29, 2022, the SAFU funds had reached $1 billion.
The fund’s dollar value has fluctuated amid crypto market conditions, waning during the bear market and reappearing above the $1 billion mark again in April 2024.
While denominating the fund in stablecoins will make it less susceptible to market swings, it also means that it will miss out on potential gains and be exposed to U.S. dollar inflation, as some market observers have noted.
Billionaire investor and Draper Associates founder Tim Draper told Cointelegraph that he thinks Binance’s decision to modify the fund is “short-sighted.”
He believes allocating 100% of a portfolio to a stablecoin pegged to the dollar is unwise, adding that he “doesn’t see government spending decreasing.”
Recent: Bitcoin L2s set to explode as Runes congest BTC network
“Governments have little incentive to decrease spending when they are able to print money that people accept,” he said.
Bitcoin is widely considered a safe haven asset, similar to gold. Inflation, money printing and geopolitical instability are considered ideal conditions for BTC. According to Draper, the SAFU will decline as Bitcoin rises:
“The dollar continues to decline against Bitcoin, and I believe that decline will continue and accelerate over time.”
For others, missing out on potential gains may just be the price Binance has to pay for a secure fund.
Ruslan Lienkha, chief of markets at fintech and crypto exchange YouHodler, agrees with Draper that “in such a configuration, SAFU funds will lose value due to inflation, but we can consider it as a payment for safety.”
Lienkha told Cointelegraph that Binance could benefit from USDC’s fully centralized stablecoin setup, as it would be “less exposed to hacker attacks, stolen USDCs are much easier to find and block than decentralized Bitcoin.”
He said that the SAFU “doesn’t have any specific investment goals, as it is a kind of insurance in case of emergency.”
It could be possible that Binance prioritizes security over long-term valuation, but is Binance deciding freely or following orders?
Binance may have its hands tied
Binance may not have made the sudden exchange of SAFU funds to USDC voluntarily.
Binance declined to answer Cointelegraph’s question about the precise motivations behind its decision. However, Binance’s recent history with U.S. regulatory authorities may be an important factor in adopting USDC for the SAFU.
Grant Gulovsen, a U.S. lawyer who works with crypto clients, told Cointelegraph, “Binance had agreed to monitoring by the U.S. Treasury as part of their settlement late last year, so this certainly could be related to that.”
In 2023, the Commodity Futures Trading Commission (CFTC) sued Binance for violating trading and derivatives rules.
Related: Here’s why CFTC suing Binance is a bigger deal than an SEC enforcement
The results forced Binance founder Changpeng Zhao to step down and settle a fine of $4.3 billion with U.S. authorities.
Another consequence of the case was an agreement with the United States Department of Justice (DOJ) to extensively monitor Binance operations.
Binance’s plea deal with the U.S. government also included five years of oversight by the Financial Crimes Enforcement Network (FinCEN), as detailed in an X post by former U.S. Securities and Exchange Commission official John Reed Stark:
Source: John Reed Stark
The change to USDC may be part of this new compliance agreement Binance has with U.S. authorities.
Why did Binance pick USDC? The stablecoin is widely branded within the crypto community as the market’s most regulated and compliant stablecoin.
According to the compliance professional and board member of Crypto Valley Association, Ekaterina Anthony: “U.S. law enforcement have the same amount of power on both Tether, Circle and Paxos. They can ask any of them to stop serving certain entities if they desire to.”
However, she told Cointelegraph that “it might be a bit more difficult to go after non-U.S. residents than to go after U.S. residents — that means that the directors of Circle might be easier ‘to grab.’”
Binance’s USDC move highlights importance of compliance
The crypto market has matured rapidly from being considered a Wild West market to being acknowledged by institutional investors, exemplified by the approval of U.S.-based spot Bitcoin ETFs in January.
Indeed, many crypto market observers anticipate a massive injection of capital from institutional investors in the near future as they become more comfortable with digital assets.
But, institutional investors require more secure and regulated markets.
This has created competition among stablecoin issuers to create products that are compliant with emerging regulatory frameworks.
USDT has dominated the stablecoin sector, mainly because it established itself as a first mover. However, Tether has been shrouded by fear, uncertainty and doubt due to its opaque approach regarding the assets backing USDT.
Recent: Changpeng Zhao four-month prison sentence lighter than expected
In contrast, USDC has branded itself as a highly regulated and compliant stablecoin since its launch in 2018. This has allowed USDC to take the lead in institutional adoption over Tether.
Circle has also applied as an authorized stablecoin issuer under the new European legal framework, the Markets in Crypto-Assets (MiCA) Regulation.
Binance has previously shifted the balance of SAFU funds to more regulated assets. In March 2023, it replaced the Binance (BUSD) in the fund with True USD (TUSD), reportedly in response to U.S. enforcement action against the former’s issuer, Paxos.
Binance’s move to adopt USDC may be highly induced by the oversight of the U.S. authorities. However, the exchange may be making a safe move, following the crypto industry’s trend of exhibiting regulatory compliance to attract the new wave of institutional investors.
See original
You know guys, I call myself a loser every day.
Because maybe I am a loser, the people who follow me strongly believe in me and my analysis, even I also believe in my analysis, but I still made more losses than gains.
I can't control my emotions during the operation, maybe because I have a small amount that I don't want to lose.
Sometimes I feel like I have the ability to turn 100$ into 10000$ 😅
Well I need your suggestions
ARE YOU FACING ANY DIFFICULTIES WITH MY ANALYSIS OR CONFUSIONS?
Don't hesitate to tell me, I'm sure I'll correct them.
#BTC🔥🔥🔥🔥🔥🔥
#Eth
#Ena
Because maybe I am a loser, the people who follow me strongly believe in me and my analysis, even I also believe in my analysis, but I still made more losses than gains.
I can't control my emotions during the operation, maybe because I have a small amount that I don't want to lose.
Sometimes I feel like I have the ability to turn 100$ into 10000$ 😅
Well I need your suggestions
ARE YOU FACING ANY DIFFICULTIES WITH MY ANALYSIS OR CONFUSIONS?
Don't hesitate to tell me, I'm sure I'll correct them.
#BTC🔥🔥🔥🔥🔥🔥
#Eth
#Ena
See original
Bitcoin collapsed❗
I'm broke!
Friends, I lost everything, I don't know, I have nothing more to say. Cryptocurrencies are not my thing. Bye bye.
#BitcoinCrash
#BitcoinDown
#CollapseBitcoon
#BTC #GoodBye
I'm broke!
Friends, I lost everything, I don't know, I have nothing more to say. Cryptocurrencies are not my thing. Bye bye.
#BitcoinCrash
#BitcoinDown
#CollapseBitcoon
#BTC #GoodBye
😮😮
Quoted content has been removed
🪙🔥
With the recent rise in popularity of The Spot #Bitcoin ETF, it is important to remember that it might indicate a short-term rise, but it certainly does not mark the end of this current cycle of declining value. Bitcoin is expected to drop to 20K.
#Bitcoin
#Bitcoin
#
Moon5labs
--
Bullish
🔥🔥 JUST IN🟢🟢
Spot #Bitcoin #etf expected to be approved Wednesday and could begin trading this week, CNBC reports.
#etf #BTC
Spot #Bitcoin #etf expected to be approved Wednesday and could begin trading this week, CNBC reports.
#etf #BTC