Binance has announced the second project on the Binance Airdrops Portal - Thena (THE), a DEX and liquidity layer built on BNB Chain and opBNB. Binance will then list THE at 2024-11-27 10:00 (UTC).
Binance founder Zhao Changpeng said: I do not oppose memes, but meme coins are becoming "a bit" strange. Let's build real applications using blockchain. Yesterday, Binance launched two memecoin futures on BNBChain, but the price dropped sharply after the launch.
Current market: - The entire market is in decline, only $BTC is rising sharply. - Market Makers (MM) are testing without injecting money, only pulling the price of BTC to see how far the limit can be reached.
Warning: - This could be a trap, everyone needs to pay attention. - The funding rate is significantly negative, Open Interest (OI) is sharply decreasing, indicating that many Long positions have been liquidated or closed.
Data from the past 24 hours: - 136,409 traders have been liquidated, with a total value of up to 348.21 million USD. - The largest liquidation on Binance (ETHBTC) reached a value of 4.63 million USD.
Assessment: - Data shows that market sentiment is still easily manipulated as in previous times by MM.
Target prediction: - At the $BTC 100k level, the total market capitalization Total 3 could reach around 940B ~ 1.1T USD. - This season's target is expected for Total 3 to fluctuate from 1.21T ~ 1.4T USD. - MM could pull right from the current position if it seems reasonable. (A gentle reminder: don't trap us anymore MM, we are already tired of holding the positions, just play a little).
Next plan: - Altcoins are ready for a strong rally. Those who have entered should hold their positions confidently.
I want to share a few important things for this uptrend season:
Currently, I see that 90% of Altcoins belonging to the L1, L2 groups, along with Launchpool and Pad projects that have been active for over 6 months, have very nice growth structures. On the D1 timeframe, buying pressure is strong, volume is clearly increasing, and most projects have finished accumulating at the bottom. This indicates that the MM team may have nearly gathered enough inventory.
Your task now is to buy and patiently hold, do not jump in and out. If you have decided to buy, take the time to research and place your trust in the project. Follow channels like Twitter, Telegram to update information about the project, token unlock schedule, and other important news.
Just hold through 2025, there is a very high possibility that these coins will increase significantly. Don’t worry too much!
Market laws show that before BTC enters a downtrend, money usually shifts to Altcoins to push the wave up to the maximum level, creating a large FOMO. After that, the market will be heavily sold off and enter a downtrend. BTC usually has a 4-year cycle: 1 year of decline, 1 year of sideways, and 2 years of growth. Meanwhile, Altcoins only have about 3-6 months to complete major waves, typically waves 3 and 5. If you don’t believe it, you can check historical charts for verification.
From previous season's experience, I also made a mistake: buying Near at $4-5, holding for 3-4 months until I couldn't take it anymore and sold, and the very next week it shot up to $20. This is not the only time I have found myself in such a situation.
Do not repeat that mistake. If you have spare capital, continue accumulating Altcoins, patiently wait and take profits when the right time comes.
Trump has nominated former U.S. SEC Chairman Jay Clayton to serve as U.S. Attorney for the Southern District of New York. While serving as SEC Chairman from 2017 to 2020, Clayton led a number of enforcement actions in the cryptocurrency space, including lawsuits against ICO projects Kik and Telegram, and a lawsuit against Ripple, alleging the company raised funds through unregistered XRP sales.
Breaking News: Binance has announced the 61st project on Binance Launchpool - Usual (USUAL), a decentralized Fiat Stablecoin issuer. Binance Pre-Market will then list USUAL at 10:00 November 19, 2024 (UTC) and open pre-market trading for the USUAL/USDT trading pair.
President-elect Donald Trump announced on Tuesday that Elon Musk and Vivek Ramaswamy will lead a new "Department of Government Efficiency" (DOGE) during his second term. Trump stated that the duo will work together to "dismantle the Government bureaucracy, cut unnecessary regulations, reduce wasteful spending, and restructure Federal Agencies".
BTC rose to $77,199 this morning (UTC+8), setting a new all-time high. Data from Coinglass shows that over the past 24 hours, the entire network has liquidated $215 million, of which long positions accounted for $115 million and short positions accounted for $101 million.
Donald Trump, the elected president of the United States, made ten promises to the cryptocurrency industry over the past year: including firing SEC Chairman Gary Gensler, preventing the U.S. government from selling Bitcoin, establishing a strategic Bitcoin reserve fund, proposing comprehensive cryptocurrency policy, etc.
Justin Sun: Binance charged us 0 dollars. Coinbase required us to pay 500 million TRX (worth 80 million dollars) and requested to deposit 250 million dollars in BTC into Coinbase Custody to enhance their performance.
When Binance listed, Scroll provided 5% of its tokens for airdrop, and the TON Foundation offered 7.65 million TON for airdrop.
One of the most profitable dapps this year, the Pump Fun fee account (CebN5W…4xC9iM), transferred 90,000 SOL to Kraken Deposit today at UTC+8, worth approximately 14.97 million USD. Since October 1st, the Pump Fun fee account has transferred a total of 237,500 SOL to Kraken, worth approximately 38.98 million USD. Currently, this account holds 272,400 SOL, worth approximately 45.36 million USD.
The BNB Foundation announces the completion of the 29th quarterly BNB burn, with a total automatic burn amount of 1,772,712.363 BNB, worth approximately 1.07 billion dollars. The burn in this quarter and future burns will be carried out directly on BSC, and the corresponding amount of BNB will be sent to the "black hole" address.
The US released its core PCE price index for September at 2.7% YoY, in line with expectations of 2.6% and the previous reading of 2.7%. The US core PCE price index for September was 0.3% MOM, in line with expectations of 0.3% and the previous reading was revised up from 0.1% to 0.2%. The PCE inflation index saw its biggest monthly increase since April, supporting the Fed's slowing pace of rate cuts after last month's sharp cut. #BTC $BTC
Israel began carrying out strikes on Iran early Saturday local time in retaliation for a massive Iranian ballistic missile attack on October 1, according to AXIOS. The explosions occurred in several areas, including Tehran. US and Israeli officials believe Iran will respond militarily, but hope it will be limited.
•US jobless claims rose to 227,000; 243,000 expected; 242,000 previously (🟢 better than expected).
•More than 32% of S&P 500 companies have reported third-quarter earnings so far. Of those, 76% have beaten analyst expectations. (🟢 better than expected)
•US October manufacturing PMI rose to 47.8, 47.5 expected, 47.3 previously (🟢 better than expected).
•US October services PMI rose to 55.3, 55.0 expected, 55.2 previously (🟢 better than expected).
(PMI data measures companies' purchasing activity, a PMI reading above 50 means they are buying more goods and services, indicating they are doing well.)
Money Electric - The Bitcoin Mystery - HBO's upcoming documentary promises to uncover the mystery of the legendary Satoshi Nakamoto 🕵️♂️🪙. (Image 1)
According to a leaked video on X (Twitter) 🐦💻, HBO has confirmed that Peter Todd is the father of Bitcoin 🚀. (Image 2) The fact that the video was deleted just minutes later made the crypto community believe in this information even more 🔥. Meanwhile, Peter Todd denied the above information ❌. (Image 3)
Initially, Peter Todd was not on the list of candidates, so the prediction on Polymarket also reversed when the number of "Other" votes was almost absolute (99.6%) 📊🌀. (Image 4)
But importantly 🧐, HBO is now owned by Warner Bros. Discovery 🎬.
And the big guys BlackRock 🏦, Vanguard 📈 and Fidelity 💰 are also major shareholders of Warner Bros. Discovery.(Image 5) No market is immune to manipulation 🎮, the more people are interested in Satoshi's identity, the closer the whales 🐋 get to their target 🎯.
Currently, Satoshi Nakamoto is believed to be holding 1 million $BTC 🤑💎 (about 60 billion USD 💵). (Image 6) Therefore, revealing Satoshi Nakamoto's identity will certainly have a huge impact on Bitcoin in particular and the Crypto market in general 🌍💥.
What other moves will there be in the coming days 🛞, and how will the market react to this information? 📉💥