USDT, the stablecoin issued by Tether, faces significant challenges in Europe due to the implementation of the Regulation on Markets in Crypto-Assets (MiCA) of the European Union. This regulatory framework, which will come into full effect on December 30, 2024, establishes strict requirements for stablecoin issuers, aiming to ensure financial stability and consumer protection in the crypto asset space.
To trade hourly, we will do so taking into account the drops in the cryptocurrency market, this requires quick strategies and constant analysis. Here are some recommendations 1. Choose cryptocurrencies with high liquidity and volatility, example, Xrp, Sol, doge, etc... - Check the trading volume; high volume facilitates quick entries and exits. 2. Use technical analysis to identify declines Key indicators for detecting opportunities: RSI (Relative Strength Index):
The price of Bitcoin (BTC) has experienced a notable recovery after a recent drop, nearly reaching 90,000 and currently standing around 97,211 USD.
This surge has been driven by various factors, among which the following stand out:
- Inclusion of MicroStrategy in the Nasdaq 100: The company, recognized as the largest holder of bitcoins globally, has entered the Nasdaq 100, reinforcing its BTC acquisition strategy and generating a positive impact on the market.
- Expectations of favorable policies in the U.S.: Donald Trump's victory in the presidential elections has increased expectations for more favorable regulations towards cryptocurrencies, contributing to the rise in Bitcoin's price.
Despite these positive factors, it is crucial to consider the associated risks:
- Statements from the Federal Reserve: The Fed chairman, Jerome Powell, has stated that the institution cannot hold Bitcoin due to legal restrictions, which has cooled certain expectations in the crypto world.
- Market volatility: Cryptocurrencies are known for their high volatility, and geopolitical events or changes in regulatory policies can significantly influence their price.
Short-term projections indicate that some technical analyses suggest a bullish trend for Bitcoin in the coming hours.
USUAL The new cryptocurrency that revolutionizes the world of investments
In an ecosystem where the volatility of cryptocurrencies is often an obstacle for investors, USUAL emerges as an attractive and reliable option. This cryptocurrency, designed to combine the stability of stablecoins with the innovation of decentralized finance (DeFi), has caught the attention of analysts and market enthusiasts.
What is USUAL? USUAL is a decentralized protocol focused on issuing stablecoins backed by real-world assets (Real World Assets, RWA). Its main stablecoin, USD0, maintains a 1:1 parity with the US dollar, offering security and trust to users. Additionally, the native token USUAL is essential for the governance of the protocol, allowing holders to make key decisions about its development and risk policies.
Comparison between Usual (USUAL) and XRP Purpose and Use:
Usual (USUAL): It functions as a governance token in the Usual protocol, allowing holders to participate in key decisions and in the issuance of fiat-backed stablecoins.
XRP: It is a cryptocurrency used on the Ripple network to facilitate money transfers between different currencies, optimizing cross-border payments.
Underlying Technology:
Usual (USUAL): It operates on a multi-chain infrastructure, allowing its integration into multiple blockchains, increasing its interoperability. BITGET
XRP: It operates on the XRP Ledger, designed to be fast and efficient in settling transactions.
Price and Market Cap:
Usual (USUAL): Its price is currently approximately $1.57 USD, with a market cap of around $714 million USD.
XRP: Its current price is $2.28 USD.
Future Outlook:
Usual (USUAL): As an emerging project, its growth will depend on the adoption of its protocol and trust in its decentralized stablecoin model.
XRP: Its future is tied to adoption by financial institutions and the resolution of regulatory challenges.
How to earn more than 40 dollars a day in cryptocurrencies
1. Research cryptocurrencies and the daily movements of cryptocurrencies.
- You must have a significant trading volume: Look for coins that are active in the markets, as these tend to have more predictable fluctuations. Some of them, Xrp, Ava, Sol, Eth, Bnb when they drop tend to have a strong recovery.
- They show regular volatility: Check cryptos that present daily ups and downs, which allows you to take advantage of the peaks and corrections.
2. Buy on corrections and sell near the average. When there are large drops, a good rise is likely to occur.
- Buy on corrections: After a peak, cryptos tend to experience a drop known as a correction. Use indicators like the RSI (Relative Strength Index), Buy when the RSI is low.
- Sell near the average: Once the price approaches the daily average or a key resistance level, consider selling. This ensures that you will make a profit before the market corrects itself again.
- Avoid greed: Don’t wait for the coin to reach impossible highs. A steady profit is more valuable than taking unnecessary risks.
3. Diversify your investments
Do not put all your money into a single cryptocurrency.
- Invest in several cryptos: If one does not perform well, the gains from others can offset the losses.
Current Price: $0.000019 per token. Market Cap: $8.11 billion. Daily Volume: $3.43 billion. Future: PEPE, as a memecoin, depends on community interest. If it manages to keep investors' attention, it could hold its own or grow.
2. XRP (Ripple)
Current Price: $2.70 (up 439% over the past month). Market Cap: Approximately $150 billion.
Future: XRP has a strong use case in the financial sector, especially in international payments. With its recent legal victory against the SEC in the US, its adoption could increase, cementing its position as one of the most relevant cryptocurrencies.
3. Dogecoin (DOGE)
Current Price: $0.363202. Market Cap: $52.77 Billion.
Future: DOGE remains a favorite in the cryptocurrency community, driven by figures like Elon Musk. Its popularity could ensure its relevance in the short and medium term.
4. Pengu (PENGU)
Current Price: Variable (initial growth of 950% after its launch).
Future: As a new memecoin, Pengu has shown explosive growth, but its sustainability will depend on its adoption and marketing strategies.
General Analysis
Solid Investments: XRP seems to be the most stable option due to its use in the financial sector.
Recommendation: Diversify and do not invest more than you are willing to lose.
1. Between 1:00 AM and 4:00 AM (GMT-5) - In this interval, cryptocurrencies usually experience corrections or declines due to the decrease in market activity after the closure of traditional markets in the US and Europe. - Investors often close positions during this quieter phase, which can lead to a slight drop in prices.
2. At noon (12:00 PM - 1:00 PM GMT-5) - At this time, after the cryptocurrency market has opened in Asia and has begun to stabilize, it is common to see a pause in upward movements. Some traders operating in Asia have already closed their positions and may generate drops before US traders fully activate.
How to Earn More Than $20 Daily in Cryptocurrencies
1. Research Cryptocurrencies with Constant Daily Volatility
- Have Significant Trading Volume: Look for coins that are active in the markets, as these tend to have more predictable fluctuations.
- Show Regular Volatility: Check cryptocurrencies that exhibit daily ups and downs, allowing you to take advantage of peaks and corrections. - Recommended Tools: Platforms like Binance help you analyze historical charts, patterns, and daily trends.
2. Buy on Corrections and Sell Near the Average - Buy on Corrections: After a peak, cryptocurrencies often experience a drop known as a correction. Use indicators like the RSI (Relative Strength Index), Buy when the RSI is low.
- Sell Near the Average: Once the price approaches the daily average or a key resistance level, consider selling. This ensures that you will make a profit before the market corrects again. - Avoid Greed: Don’t wait for the coin to reach impossible highs. A steady profit is more valuable than taking unnecessary risks.
3. Accept That You Won’t Always Win The cryptocurrency market is unpredictable, and some days things won’t go as you expect. - Risk Management: Don’t bet all your capital on a single trade. A good acceptable loss margin is 2-5% of your portfolio on each trade.
4. Diversify Your Investments
Don’t put all your resources into a single cryptocurrency. - Invest in Several Cryptos: If one doesn’t perform well, the gains from others can offset the losses. - Split Your Portfolio: Allocate a larger percentage to coins with less volatility
- Example of Diversification: 50% in stable or recognized coins, 30% in volatile coins and 20% in risky bets.
5. Remember the Essentials - Don’t use money you can’t afford to lose: The market is highly volatile.
Do you want to know how to earn more than 20$ daily?
Here’s a simple strategy:
1. Research cryptocurrencies with consistent daily volatility. Look at their charts and search for coins with cyclical movements.
2. Buy when prices drop after a peak (correction) and sell when they approach their daily average. Use tools like the RSI to identify good opportunities.
3. Keep in mind that you won't always win: some days the coins may rise or fall more than expected.
4. Diversify your investments to reduce risks and, above all, never invest money that you are not willing to lose. (Invest in several cryptos
Good luck with your investments! And remember, the cryptocurrency market requires patience and discipline. You won’t become a millionaire in a day.
Bitcoin (BTC) is the first and most well-known cryptocurrency in the world, and it represents a fundamental pillar for the cryptocurrency ecosystem. Bitcoin is considered the "digital gold." Many see it as a store of value and an asset to protect against inflation. Although its volatility can be high, it is the standard for comparing other cryptocurrencies. It is the most recognized and adopted, both by individuals and institutions. Its network is the most robust, with the largest number of users, miners, and nodes. It is currently at 100k and aims to rise to 200k.
This is the cryptocurrency that generates the most uncertainty because every time it reaches a maximum it tends to fall a little and drags the others down with it. Its volatile price depends on multiple factors, such as market conditions, government regulation, technological adoption and macroeconomic events.