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Some Crypto news you may have missed (December 26, 2024)
1. #Bitcoin corrects below the $100,000 mark
Bitcoin (BTC) price: After nearly reaching the $100,000 mark, BTC has dropped to around $95,609, with a decrease of 2.7% in the past 24 hours.
Reason for the price drop: Some investors are taking profits after a strong year-end rally and are concerned about the Fed's monetary policy.
Bitcoin is expected to retest the support level of $93,000 before bouncing back.
2. #Ethereum is under selling pressure
ETH down 3.4%, currently trading around $3,369. Profit-taking pressure and competition from emerging blockchains like Solana and Polygon have caused difficulties for Ethereum.
Bitcoin (BTC) price: After nearly reaching the $100,000 mark, BTC has dropped to around $95,609, with a decrease of 2.7% in the past 24 hours.
Reason for the price drop: Some investors are taking profits after a strong year-end rally and are concerned about the Fed's monetary policy.
Bitcoin is expected to retest the support level of $93,000 before bouncing back.
2. #Ethereum is under selling pressure
ETH down 3.4%, currently trading around $3,369. Profit-taking pressure and competition from emerging blockchains like Solana and Polygon have caused difficulties for Ethereum.
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If you are a NEWBIE, don't touch future. Instead, hold and earn $BNB
You are playing on Binance and coin $BNB (is the coin of the exchange) really has a lot of benefits when you hold or earn.
Attractive interest rate, automatically join launchpool, flexible earn withdrawal, staking, ...
Especially $BNB is always burned periodically every quarter. This is the way to help coin #BNB can reach higher targets in the future. Trust me. HOLD #BNB bro.
You are playing on Binance and coin $BNB (is the coin of the exchange) really has a lot of benefits when you hold or earn.
Attractive interest rate, automatically join launchpool, flexible earn withdrawal, staking, ...
Especially $BNB is always burned periodically every quarter. This is the way to help coin #BNB can reach higher targets in the future. Trust me. HOLD #BNB bro.
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$USUAL CAN IT BREAK THE PEAK?
Based on the indicators:
Price and EMA:
The current price (1.3979) is above the EMA6 (1.3535), EMA24 (1.2517), and EMA50 (1.1443).
This is a sign that the uptrend is still prevailing in the 4-hour timeframe.
RSI:
RSI(6) = 70.27 and RSI(12) = 63.58 are both in the near overbought zone. This indicates that the upward momentum remains but a slight correction may occur soon.
MACD:
The MACD line (0.0146) is above the DEA signal line (0.0504), and the histogram is positive.
This is a continuing bullish signal, but the upward momentum is not too strong.
Trading Volume:
The 24-hour trading volume shows high interest, with a 7-day increase of 66.24% and over 500% in 30 days.
Assessment:
The main trend is upward, but the RSI near the overbought zone indicates short-term correction risks. If a correction occurs, the price could return to test support around EMA6 (1.35) or EMA24 (1.25).
The uptrend may continue if the price remains above EMA6 and trading volume increases steadily. The next target is to test the resistance level of 1.4471 (24h peak).
Trading Strategy:
If you have entered a position:
You may consider taking partial profits when the price reaches 1.44 - 1.45.
Set a stop loss below the EMA24 area (~1.25).
If you haven't entered a position:
Wait for the price to correct to the EMA6 area (~1.35) or EMA24 (~1.25) to buy in, keeping in line with the upward trend.
Avoid buying when the price is in the high RSI zone or near resistance.
(Cre: blogcryto)
Break the peak now!!
Based on the indicators:
Price and EMA:
The current price (1.3979) is above the EMA6 (1.3535), EMA24 (1.2517), and EMA50 (1.1443).
This is a sign that the uptrend is still prevailing in the 4-hour timeframe.
RSI:
RSI(6) = 70.27 and RSI(12) = 63.58 are both in the near overbought zone. This indicates that the upward momentum remains but a slight correction may occur soon.
MACD:
The MACD line (0.0146) is above the DEA signal line (0.0504), and the histogram is positive.
This is a continuing bullish signal, but the upward momentum is not too strong.
Trading Volume:
The 24-hour trading volume shows high interest, with a 7-day increase of 66.24% and over 500% in 30 days.
Assessment:
The main trend is upward, but the RSI near the overbought zone indicates short-term correction risks. If a correction occurs, the price could return to test support around EMA6 (1.35) or EMA24 (1.25).
The uptrend may continue if the price remains above EMA6 and trading volume increases steadily. The next target is to test the resistance level of 1.4471 (24h peak).
Trading Strategy:
If you have entered a position:
You may consider taking partial profits when the price reaches 1.44 - 1.45.
Set a stop loss below the EMA24 area (~1.25).
If you haven't entered a position:
Wait for the price to correct to the EMA6 area (~1.35) or EMA24 (~1.25) to buy in, keeping in line with the upward trend.
Avoid buying when the price is in the high RSI zone or near resistance.
(Cre: blogcryto)
Break the peak now!!
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100k straight ahead. Who said that platform was a trap?
Tonight reaching 100k is a very positive signal $BTC
Tonight reaching 100k is a very positive signal $BTC
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Market on December 25, 2024 📈📈
The cryptocurrency market on December 25, 2024, recorded notable fluctuations, especially in leading coins such as Bitcoin, Ethereum, and Cardano (ADA).
Bitcoin price movements:
On Christmas Eve 🎄, Bitcoin surged, reaching a price of 98,703 USD, marking an increase of nearly 6% in just a few hours. This rise has led many experts to call it the "Christmas miracle." However, this upward momentum is not good news for short sellers, as around 61 million USD of short Bitcoin positions were liquidated in just the past 4 hours.
Bitcoin price movements:
On Christmas Eve 🎄, Bitcoin surged, reaching a price of 98,703 USD, marking an increase of nearly 6% in just a few hours. This rise has led many experts to call it the "Christmas miracle." However, this upward momentum is not good news for short sellers, as around 61 million USD of short Bitcoin positions were liquidated in just the past 4 hours.
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It's quite green, isn't it? 😂
$ETH increased by nearly 12% (from the bottom 3100 (last night) → 3471) 💪🏻📈📈
I'm so excited, market! 👀👀 $BTC
$ETH increased by nearly 12% (from the bottom 3100 (last night) → 3471) 💪🏻📈📈
I'm so excited, market! 👀👀 $BTC
Tonight everything will turn green again 📈📈
$BTC and $ETH have dropped significantly ( $ETH dropped nearly 30%)
This will be the strongest recovery moment.
Let's look forward to it 🫣🫣
$BTC and $ETH have dropped significantly ( $ETH dropped nearly 30%)
This will be the strongest recovery moment.
Let's look forward to it 🫣🫣
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Greedy when others are afraid, afraid when others are greedy. Shouldn't go in anymore, just wait for another opportunity. Joyfully.
$USUAL xin me for advice on whether to go back in or not? Before, I FOMO'd and then I heard people say to sell. Now I'm in a deep hole. What price can I enter to double my investment for the upcoming Tet holiday here 😔
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Congratulations to you all for holding $USUAL . At this point, it must be worth 2 coins, right?
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It is expected that $USUAL will break the old peak of 0.8977 📈 or will it not be able to overcome the selling pressure there. Tomorrow will be a great day for those holding $USUAL 🆙🆙🆙
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$VANA soaring!
How much have you earned $VANA so far?
Binance launchpool is really reliable 😂😂
Avoid FOMO, everyone
How much have you earned $VANA so far?
Binance launchpool is really reliable 😂😂
Avoid FOMO, everyone
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Is the maximum holding limit #USUAL beneficial?
The maximum holding limit in pre-market is a regulation on the maximum number of shares or tokens that an investor is allowed to hold during the pre-opening trading session.
For $USUAL , Binance has limited the maximum number of tokens held to 40,000 Usual for EACH user. So, what is the PURPOSE of limiting the number of tokens held in the pre-market?
Liquidity risk control:
For $USUAL , Binance has limited the maximum number of tokens held to 40,000 Usual for EACH user. So, what is the PURPOSE of limiting the number of tokens held in the pre-market?
Liquidity risk control:
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X27 would be hard to hold, wouldn't it? :)))
I joined Binance from the very first days when Binance was established, at that time BNB was priced at $0.1 and I bought $150 and owned 1425 BNB. However, I sold them when the price was $0.27.
Now, all that remains is a memory 😌
$BNB
Now, all that remains is a memory 😌
$BNB
Show me your #USUAL position.
It will increase sharply in the near future.📈
Let's wait and see. 👀👀
#usualtothemoon
It will increase sharply in the near future.📈
Let's wait and see. 👀👀
#usualtothemoon
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Fear of the kill floor
Altcoins are currently in a new accumulation phase before entering the next bullish wave.
Currently, in the US and European countries (the main price drivers), December is a period of rest and preparation for the holidays, so altcoins will not soar strongly yet.
Those holding spots should just hold and wait for the next wave to push. No futures because liquidity is very low and exchanges can easily kill futures.
Currently, in the US and European countries (the main price drivers), December is a period of rest and preparation for the holidays, so altcoins will not soar strongly yet.
Those holding spots should just hold and wait for the next wave to push. No futures because liquidity is very low and exchanges can easily kill futures.
Usual go to the moon bro
this is my todays PNL from $USUAL share yours!
Yep
VANA on Binance Launchpool: Price Projections & Long-Term Potential Toward $33.25
VANA, Binance Lau
VANA on Binance Launchpool: Price Projections & Long-Term Potential Toward $33.25
VANA, Binance Launchpool’s 62nd featured project, introduces an EVM-compatible Layer 1 blockchain tailored for user-owned data solutions. Users can stake BNB and FDUSD to farm VANA tokens starting December 14, 2024, at 00:00 UTC, running for two days. A total of 4.8 million VANA tokens (4% of the total supply) are allocated as rewards, with 85% designated for BNB stakers and 15% for FDUSD stakers. Trading officially begins on December 16, 2024, at 10:00 UTC, offering pairs such as VANA/USDT, VANA/BNB, VANA/FDUSD, and VANA/TRY. The initial circulating supply will be 30,084,000 VANA—approximately 25.07% of the 120 million maximum supply.
At projected market capitalizations, VANA’s price could climb to $6.65 at a $200 million cap, $16.62 at $500 million, and $33.25 if the project reaches a $1 billion valuation, assuming a stable circulating supply.
While VANA has sparked significant excitement, it also led to temporary confusion with an unrelated token, causing a price surge elsewhere. Investors are encouraged to conduct thorough research, as the token's early-stage nature—marked by Binance’s Seed Tag—suggests possible short-term volatility.
The project's long-term success will hinge on driving adoption for data privacy-centric dApps, expanding its ecosystem, and ensuring regulatory compliance. VANA’s community-driven governance model, empowering token holders to influence network decisions, could foster strong engagement and support. With its focus on innovative blockchain solutions for user data ownership, VANA holds substantial promise, but its ultimate growth will depend on execution, adoption, and sustained innovation.
$VANA $BNB $FDUSD
#BinanceLaunchpool #CryptoPotential #VANAListing #PriceTargets #BinanceGrowthJourney
VANA, Binance Launchpool’s 62nd featured project, introduces an EVM-compatible Layer 1 blockchain tailored for user-owned data solutions. Users can stake BNB and FDUSD to farm VANA tokens starting December 14, 2024, at 00:00 UTC, running for two days. A total of 4.8 million VANA tokens (4% of the total supply) are allocated as rewards, with 85% designated for BNB stakers and 15% for FDUSD stakers. Trading officially begins on December 16, 2024, at 10:00 UTC, offering pairs such as VANA/USDT, VANA/BNB, VANA/FDUSD, and VANA/TRY. The initial circulating supply will be 30,084,000 VANA—approximately 25.07% of the 120 million maximum supply.
At projected market capitalizations, VANA’s price could climb to $6.65 at a $200 million cap, $16.62 at $500 million, and $33.25 if the project reaches a $1 billion valuation, assuming a stable circulating supply.
While VANA has sparked significant excitement, it also led to temporary confusion with an unrelated token, causing a price surge elsewhere. Investors are encouraged to conduct thorough research, as the token's early-stage nature—marked by Binance’s Seed Tag—suggests possible short-term volatility.
The project's long-term success will hinge on driving adoption for data privacy-centric dApps, expanding its ecosystem, and ensuring regulatory compliance. VANA’s community-driven governance model, empowering token holders to influence network decisions, could foster strong engagement and support. With its focus on innovative blockchain solutions for user data ownership, VANA holds substantial promise, but its ultimate growth will depend on execution, adoption, and sustained innovation.
$VANA $BNB $FDUSD
#BinanceLaunchpool #CryptoPotential #VANAListing #PriceTargets #BinanceGrowthJourney
#USUAL (USUAL) is the 61st project introduced on Binance Launchpool, marking its entry into the DeFi ecosystem.
Here are 5 key points to know about Usual ( you shouldn’t miss it ) 🙏🙏
1, Operational Model: Usual operates with three main tokens:
#Usual Stablecoin (USD0): A decentralized stablecoin pegged 1:1 with the U.S. dollar, backed by U.S. Treasury bonds and repo assets.
#Usual Liquid Staking Token (USD0++): A liquid staking derivative created when USD0 is staked, offering rewards and DeFi utility.
#Usual Governance Token (USUAL): The governance token, allowing the community to vote on decisions regarding the protocol.
2, Token Details:
*Total supply: 4 billion USUAL.
*Circulating supply at listing: 494.6 million USUAL (12.37% of the total supply).
*Type: ERC-20 token on the Ethereum network.
3, Binance Launchpool Program:
//Users can stake BNB or FDUSD to farm USUAL tokens for free.
//Rewards: 300 million USUAL (7.5% of the total supply).
//BNB Pool: 85% allocation (255 million USUAL).
//FDUSD Pool: 15% allocation (45 million USUAL).
//Farming duration: November 15, 2024 – November 19, 2024.
4, Uniqueness and Potential:
Usual addresses common challenges of traditional stablecoins by ensuring decentralization, transparency, and strong collateral backing, providing reliability to the DeFi market.
5, Listing on Binance:
Pre-Market Trading: Binance allows USUAL/USDT trading on its Pre-Market before official listing.
Binance is the first exchange to support USUAL, ensuring user trust and early adoption. $USUAL
Hold and #Usual go to the moon.
Here are 5 key points to know about Usual ( you shouldn’t miss it ) 🙏🙏
1, Operational Model: Usual operates with three main tokens:
#Usual Stablecoin (USD0): A decentralized stablecoin pegged 1:1 with the U.S. dollar, backed by U.S. Treasury bonds and repo assets.
#Usual Liquid Staking Token (USD0++): A liquid staking derivative created when USD0 is staked, offering rewards and DeFi utility.
#Usual Governance Token (USUAL): The governance token, allowing the community to vote on decisions regarding the protocol.
2, Token Details:
*Total supply: 4 billion USUAL.
*Circulating supply at listing: 494.6 million USUAL (12.37% of the total supply).
*Type: ERC-20 token on the Ethereum network.
3, Binance Launchpool Program:
//Users can stake BNB or FDUSD to farm USUAL tokens for free.
//Rewards: 300 million USUAL (7.5% of the total supply).
//BNB Pool: 85% allocation (255 million USUAL).
//FDUSD Pool: 15% allocation (45 million USUAL).
//Farming duration: November 15, 2024 – November 19, 2024.
4, Uniqueness and Potential:
Usual addresses common challenges of traditional stablecoins by ensuring decentralization, transparency, and strong collateral backing, providing reliability to the DeFi market.
5, Listing on Binance:
Pre-Market Trading: Binance allows USUAL/USDT trading on its Pre-Market before official listing.
Binance is the first exchange to support USUAL, ensuring user trust and early adoption. $USUAL
Hold and #Usual go to the moon.