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Two next stratospheric BullRunsThe next crypto BullRun promises to be a major chapter in financial history. For a long time, Bitcoin and other cryptocurrencies were driven by individual investors, often small portfolios, who believed in the potential of this disruptive technology. However, a wind of change is blowing across the crypto landscape, and it is fueled by the growing interest of financial institutions. The entry of institutions is a strong signal that the crypto revolution is underway. The huge influx of institutional capital into cryptocurrencies could well be the driving force behind the next two BullRuns, reflecting the growing maturity of the industry. Institutional investors, looking for alternative assets, diversification and a hedge against inflation, increasingly see cryptocurrencies as a viable option. In the long term, it is entirely possible that governments themselves will are getting more involved in this space, regulating and issuing their own digital currencies. The world of finance is changing, and blockchain and cryptocurrencies are at the heart of this revolution. In this context of financial transformation, only savvy and well-informed investors will take full advantage of these opportunities. Our page remains a valuable tool to support you throughout this change, providing you with the essential information, analysis and advice to navigate this new financial environment. Stay tuned for the latest news, in-depth analyzes and practical advice for thriving in this new era. Together, we are ready to reach new heights and actively help shape the exciting future of cryptocurrencies and decentralized finance. #Elviskonjoh #Crypto #ETF#BullRun #Institutions #Blockchain

Two next stratospheric BullRuns

The next crypto BullRun promises to be a major chapter in financial history. For a long time, Bitcoin and other cryptocurrencies were driven by individual investors, often small portfolios, who believed in the potential of this disruptive technology. However, a wind of change is blowing across the crypto landscape, and it is fueled by the growing interest of financial institutions. The entry of institutions is a strong signal that the crypto revolution is underway. The huge influx of institutional capital into cryptocurrencies could well be the driving force behind the next two BullRuns, reflecting the growing maturity of the industry. Institutional investors, looking for alternative assets, diversification and a hedge against inflation, increasingly see cryptocurrencies as a viable option. In the long term, it is entirely possible that governments themselves will are getting more involved in this space, regulating and issuing their own digital currencies. The world of finance is changing, and blockchain and cryptocurrencies are at the heart of this revolution. In this context of financial transformation, only savvy and well-informed investors will take full advantage of these opportunities. Our page remains a valuable tool to support you throughout this change, providing you with the essential information, analysis and advice to navigate this new financial environment. Stay tuned for the latest news, in-depth analyzes and practical advice for thriving in this new era. Together, we are ready to reach new heights and actively help shape the exciting future of cryptocurrencies and decentralized finance. #Elviskonjoh #Crypto #ETF#BullRun #Institutions #Blockchain
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🌟Seize Opportunities: From Learning to ExpertiseIn the complex world of investments, a recurring question arises: “What should I buy?” It’s time to change our perspective and understand that opportunities abound everywhere, at all times. Over the years, we have shared a wealth of knowledge through our publications, videos, training and advice. However, it's time to take action and seize these opportunities for yourself. Becoming an expert is not done by asking the question of what to buy, but by trying, persevering, and ultimately succeeding. Learning as a Foundation: Learning is the first step towards becoming an expert. independence in investment matters. Over the years, we have shared information, strategies and analysis to help you understand the financial markets and the opportunities they offer. This learning is essential, but it cannot remain on hold forever. Learning Is Not Enough: Learning is a solid foundation, but it does not necessarily produce results. You can absorb all the knowledge in the world, but until you put it into practice, it won't move you forward. True expertise comes not just from theory, but from practical experience. The Path to Expertise: Becoming an expert in investing, trading, or any field requires experimentation. You have to try different strategies, take calculated risks and learn from successes and failures. It is in action that you will strengthen your skills and develop sharp judgment.The Importance of Perseverance:Perseverance is an essential quality for any aspiring expert. It's likely that you'll encounter setbacks along the way, but it's these setbacks that give you the opportunity to learn and improve. Expertise does not come without effort, and perseverance is the key to overcoming obstacles.Ask for Consistent Help: It's perfectly valid to ask for help and seek advice, but it's important to ask the right questions. Instead of asking "What should I buy?", ask for specific advice and information. For example, ask how to evaluate an opportunity, how to manage risk, or how to analyze market trends. Action Leads to Expertise: Ultimately, becoming an expert doesn't happen by remaining passive. It's time to put everything you've learned into practice. Make decisions, make investments, analyze the results and adjust your strategy accordingly. It is action that will lead you to expertise. The path to investment expertise is paved with learning, experimentation and perseverance. Instead of looking for ready-made answers on what to buy, take the knowledge you've gained and put it into action. Don't be afraid of mistakes, because they are what will guide you towards expertise. Ask relevant questions, seek specific advice, and engage in the process of continuous learning. With time, experience and perseverance, you will become a true expert in the field of investing. 📈Elvis Konjoh 💼#Investment#Expertise #Action

🌟Seize Opportunities: From Learning to Expertise

In the complex world of investments, a recurring question arises: “What should I buy?” It’s time to change our perspective and understand that opportunities abound everywhere, at all times. Over the years, we have shared a wealth of knowledge through our publications, videos, training and advice. However, it's time to take action and seize these opportunities for yourself. Becoming an expert is not done by asking the question of what to buy, but by trying, persevering, and ultimately succeeding. Learning as a Foundation: Learning is the first step towards becoming an expert. independence in investment matters. Over the years, we have shared information, strategies and analysis to help you understand the financial markets and the opportunities they offer. This learning is essential, but it cannot remain on hold forever. Learning Is Not Enough: Learning is a solid foundation, but it does not necessarily produce results. You can absorb all the knowledge in the world, but until you put it into practice, it won't move you forward. True expertise comes not just from theory, but from practical experience. The Path to Expertise: Becoming an expert in investing, trading, or any field requires experimentation. You have to try different strategies, take calculated risks and learn from successes and failures. It is in action that you will strengthen your skills and develop sharp judgment.The Importance of Perseverance:Perseverance is an essential quality for any aspiring expert. It's likely that you'll encounter setbacks along the way, but it's these setbacks that give you the opportunity to learn and improve. Expertise does not come without effort, and perseverance is the key to overcoming obstacles.Ask for Consistent Help: It's perfectly valid to ask for help and seek advice, but it's important to ask the right questions. Instead of asking "What should I buy?", ask for specific advice and information. For example, ask how to evaluate an opportunity, how to manage risk, or how to analyze market trends. Action Leads to Expertise: Ultimately, becoming an expert doesn't happen by remaining passive. It's time to put everything you've learned into practice. Make decisions, make investments, analyze the results and adjust your strategy accordingly. It is action that will lead you to expertise. The path to investment expertise is paved with learning, experimentation and perseverance. Instead of looking for ready-made answers on what to buy, take the knowledge you've gained and put it into action. Don't be afraid of mistakes, because they are what will guide you towards expertise. Ask relevant questions, seek specific advice, and engage in the process of continuous learning. With time, experience and perseverance, you will become a true expert in the field of investing. 📈Elvis Konjoh 💼#Investment#Expertise #Action
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Growth in Institutional Demand for Ethereum (ETH)The cryptocurrency market is constantly evolving, with Ethereum (ETH) taking pride of place as the second largest cryptocurrency by market capitalization. Recently, attention has turned to the surge in institutional demand for ETH, and the implications of this trend are profound for investors. This article looks at the rise of ETH-linked funds, highlighting positive growth that reflects the return of institutional demand and growing confidence in the cryptocurrency. The Resurgence of Institutional Demand: Institutional demand for Ethereum has has seen a marked resurgence, and this is reflected in a significant increase in ETH-related funds. This trend demonstrates a growing interest among institutional investors in the second largest cryptocurrency in terms of market capitalization. Private Funds Attractive to Institutions: Private funds that offer exposure to Ethereum are becoming increasingly attractive to institutions. These funds reflect the actions of institutional investors and reinforce the idea of ​​a renewed interest in ETH among this group of investors. Confirmation of the Ascending Trajectory: An analysis carried out by CryptoQuant confirms the upward trajectory of ETH funds since January 2023. This data indicates a recovery in demand for Ethereum, suggesting that institutional investors are returning to the market. Reduction in the Gap between the Market Value of Ethereum Contracts and the Market Price: Another positive indicator is reducing the gap between the market value of Ethereum contracts and the market price. This development reflects the positive growth in ETH funding rates, which is an encouraging sign for investors. Unexpected Selling Resistance: Despite overbought signals, sellers struggled to reduce the price of ETH. This resistance can be partly attributed to the choice of many ETH holders to hold on to their holdings rather than take short-term profits. This confidence in the long-term value of ETH further strengthens the credibility of this cryptocurrency. The Call for Caution: Although the current situation seems favorable for Ethereum, it is important to note that the cryptocurrency market is known for its volatility. Even if the signals are positive, corrections can still occur. Investors and institutions are encouraged to remain vigilant and maintain a diversified investment strategy. The rise in institutional demand for Ethereum is a significant trend that can shape the future of this cryptocurrency. As more and more institutions turn to Ethereum, it is likely that this cryptocurrency will continue to gain prominence on the global financial scene. However, some caution is required, as the cryptocurrency market is unpredictable. Stay informed, monitor market developments and adapt your investment strategies accordingly. 📊💹#Ethereum#Investment #InstitutionalDemand

Growth in Institutional Demand for Ethereum (ETH)

The cryptocurrency market is constantly evolving, with Ethereum (ETH) taking pride of place as the second largest cryptocurrency by market capitalization. Recently, attention has turned to the surge in institutional demand for ETH, and the implications of this trend are profound for investors. This article looks at the rise of ETH-linked funds, highlighting positive growth that reflects the return of institutional demand and growing confidence in the cryptocurrency. The Resurgence of Institutional Demand: Institutional demand for Ethereum has has seen a marked resurgence, and this is reflected in a significant increase in ETH-related funds. This trend demonstrates a growing interest among institutional investors in the second largest cryptocurrency in terms of market capitalization. Private Funds Attractive to Institutions: Private funds that offer exposure to Ethereum are becoming increasingly attractive to institutions. These funds reflect the actions of institutional investors and reinforce the idea of ​​a renewed interest in ETH among this group of investors. Confirmation of the Ascending Trajectory: An analysis carried out by CryptoQuant confirms the upward trajectory of ETH funds since January 2023. This data indicates a recovery in demand for Ethereum, suggesting that institutional investors are returning to the market. Reduction in the Gap between the Market Value of Ethereum Contracts and the Market Price: Another positive indicator is reducing the gap between the market value of Ethereum contracts and the market price. This development reflects the positive growth in ETH funding rates, which is an encouraging sign for investors. Unexpected Selling Resistance: Despite overbought signals, sellers struggled to reduce the price of ETH. This resistance can be partly attributed to the choice of many ETH holders to hold on to their holdings rather than take short-term profits. This confidence in the long-term value of ETH further strengthens the credibility of this cryptocurrency. The Call for Caution: Although the current situation seems favorable for Ethereum, it is important to note that the cryptocurrency market is known for its volatility. Even if the signals are positive, corrections can still occur. Investors and institutions are encouraged to remain vigilant and maintain a diversified investment strategy. The rise in institutional demand for Ethereum is a significant trend that can shape the future of this cryptocurrency. As more and more institutions turn to Ethereum, it is likely that this cryptocurrency will continue to gain prominence on the global financial scene. However, some caution is required, as the cryptocurrency market is unpredictable. Stay informed, monitor market developments and adapt your investment strategies accordingly. 📊💹#Ethereum#Investment #InstitutionalDemand
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Zodia Custody, a crypto custodian backed by Standard Chartered, is expanding its services to Hong Kong. The company has recently expanded into other parts of the Asia Pacific region, including Singapore, Japan and Australia. Julian Sawyer, CEO of Zodia, said institutional players are driving demand for crypto in Hong Kong, making it an ideal region for the company. The company will initially offer its services for a limited number of digital assets and is in talks with the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority to become regulated in the financial district. Hong Kong has become increasingly friendly to the cryptocurrency sector, with the SFC launching a licensing regime for digital assets earlier this year. Hong Kong and Dubai are gaining a reputation as crypto hubs due to their well-defined laws, regulations, and financial infrastructure.
Zodia Custody, a crypto custodian backed by Standard Chartered, is expanding its services to Hong Kong. The company has recently expanded into other parts of the Asia Pacific region, including Singapore, Japan and Australia. Julian Sawyer, CEO of Zodia, said institutional players are driving demand for crypto in Hong Kong, making it an ideal region for the company. The company will initially offer its services for a limited number of digital assets and is in talks with the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority to become regulated in the financial district. Hong Kong has become increasingly friendly to the cryptocurrency sector, with the SFC launching a licensing regime for digital assets earlier this year. Hong Kong and Dubai are gaining a reputation as crypto hubs due to their well-defined laws, regulations, and financial infrastructure.
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The recent price rejection of UNI, the native token of Uniswap, at the $4.4 resistance level. This has led to an increase in short positions as sellers attempt to take advantage of the bearish market structure. Despite bullish market conditions, UNI failed to move above the resistance level and bearish order block at $4.4. The break-even volume (OBV) decreased, indicating a loss in trading volume and a stalling of the bull rally. The Relative Strength Index (RSI) also fell below the neutral 50 level, signaling weakening buying pressure and increasing selling pressure. Another factor that could affect UNI is the recent imposition of a 0.15% interface fee on Uniswap, leading traders to favor selling rather than accumulating UNI. Speculators in the futures market are bearish in the short term, with shorts holding a majority share of open contracts on UNI. The $3.8 support level is considered the best possible price level for a bullish rebound.
The recent price rejection of UNI, the native token of Uniswap, at the $4.4 resistance level. This has led to an increase in short positions as sellers attempt to take advantage of the bearish market structure. Despite bullish market conditions, UNI failed to move above the resistance level and bearish order block at $4.4. The break-even volume (OBV) decreased, indicating a loss in trading volume and a stalling of the bull rally. The Relative Strength Index (RSI) also fell below the neutral 50 level, signaling weakening buying pressure and increasing selling pressure. Another factor that could affect UNI is the recent imposition of a 0.15% interface fee on Uniswap, leading traders to favor selling rather than accumulating UNI. Speculators in the futures market are bearish in the short term, with shorts holding a majority share of open contracts on UNI. The $3.8 support level is considered the best possible price level for a bullish rebound.
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Meta Force, led by CEO Lado Okhotnikov, announced the release of Metaverse, a decentralized platform focused on the implementation of commercial projects. The platform is intended for project teams organized on the principle of network marketing and aims to provide a guarantee of compliance with obligations, particularly in terms of precision and punctuality of payments. The solution is to use blockchain technology, with smart contracts based on the Polygon blockchain ensuring the security and immutability of agreements. The platform has already attracted around 1.5 million users since its initial release. The recent platform upgrade optimized the software core, expanded the scope of the Forcecoin application, and added a crypto wallet and virtual real estate purchasing module. The final step will be to launch a full-fledged metaverse.
Meta Force, led by CEO Lado Okhotnikov, announced the release of Metaverse, a decentralized platform focused on the implementation of commercial projects. The platform is intended for project teams organized on the principle of network marketing and aims to provide a guarantee of compliance with obligations, particularly in terms of precision and punctuality of payments. The solution is to use blockchain technology, with smart contracts based on the Polygon blockchain ensuring the security and immutability of agreements. The platform has already attracted around 1.5 million users since its initial release. The recent platform upgrade optimized the software core, expanded the scope of the Forcecoin application, and added a crypto wallet and virtual real estate purchasing module. The final step will be to launch a full-fledged metaverse.
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The Hidden Dangers of Cryptocurrencies: Revelation of Rug PullsIn the dynamic and often perilous world of cryptocurrencies, investors are constantly navigating a landscape filled with opportunities and pitfalls. A recent report from blockchain security firm Hacken highlighted a worrying trend: rug pulls, deceptive actions that have left many investors facing devastating financial losses. According to Hacken's findings, the third quarter of 2023 saw no less than 78 cases of rug pulls in various cryptocurrency projects. However, the truly alarming revelation is that only 12 of these projects had previously undergone independent third-party audits. This raises critical questions about the effectiveness of audits in protecting investors from these fraudulent activities. Understanding Rug Pulls: For those unfamiliar with the term, a rug pull involves the sudden and often clandestine withdrawal of liquidity from investors. a cryptocurrency project. This malicious maneuver can result in the devaluation of the project's tokens, leaving investors with significant losses. The Role of Audits: Independent third-party audits are often seen as a shield against such deceptive practices, providing validation of the authenticity of a project. However, it is essential to recognize that audits, while valuable, do not guarantee absolute protection. Audited projects may still engage in nefarious activities, such as malicious alterations to their tokenomics and smart contracts, leading to serious losses for users. Case Studies: Hacken's report presents disturbing case studies, like Magnate Finance and DeFiLabs, where audits were carried out, but warnings went unanswered. Users, despite having access to this crucial information, nevertheless suffered significant financial setbacks.Pattern Revealed: Hacken's research also identifies a dismaying pattern common among rug pulls. These maneuvers often involve a series of steps, including token creation, aggressive marketing to attract unsuspecting investors, inflating the token supply to give a false impression of value, draining project funds and finally, leaving investors with essentially worthless assets. The implications of this report are profound. It underlines the urgency for investors to exercise vigilance, even in projects claiming to have been audited. It also highlights the need for increased awareness within the cryptocurrency community. Investor Empowerment Rug pulls can be one of the easiest scams to prevent, as vigilant investors can spot certain signs of 'alert. Among the most important is the presence or absence of a third-party audit. However, it is not just up to investors to protect themselves. The entire cryptocurrency industry must work together to establish more robust mechanisms for verifying the integrity of projects and protecting investors. In cryptocurrency, just like in any financial market, the knowledge is power. The more we understand the risks and potential scams, the better we can protect ourselves and our investments. Stay informed, stay vigilant, and together, let's work towards a safer and more secure cryptocurrency ecosystem. 🌐💡 #Cryptomonnaie #RugPulls #ProtectionDesInvestisseurs

The Hidden Dangers of Cryptocurrencies: Revelation of Rug Pulls

In the dynamic and often perilous world of cryptocurrencies, investors are constantly navigating a landscape filled with opportunities and pitfalls. A recent report from blockchain security firm Hacken highlighted a worrying trend: rug pulls, deceptive actions that have left many investors facing devastating financial losses. According to Hacken's findings, the third quarter of 2023 saw no less than 78 cases of rug pulls in various cryptocurrency projects. However, the truly alarming revelation is that only 12 of these projects had previously undergone independent third-party audits. This raises critical questions about the effectiveness of audits in protecting investors from these fraudulent activities. Understanding Rug Pulls: For those unfamiliar with the term, a rug pull involves the sudden and often clandestine withdrawal of liquidity from investors. a cryptocurrency project. This malicious maneuver can result in the devaluation of the project's tokens, leaving investors with significant losses. The Role of Audits: Independent third-party audits are often seen as a shield against such deceptive practices, providing validation of the authenticity of a project. However, it is essential to recognize that audits, while valuable, do not guarantee absolute protection. Audited projects may still engage in nefarious activities, such as malicious alterations to their tokenomics and smart contracts, leading to serious losses for users. Case Studies: Hacken's report presents disturbing case studies, like Magnate Finance and DeFiLabs, where audits were carried out, but warnings went unanswered. Users, despite having access to this crucial information, nevertheless suffered significant financial setbacks.Pattern Revealed: Hacken's research also identifies a dismaying pattern common among rug pulls. These maneuvers often involve a series of steps, including token creation, aggressive marketing to attract unsuspecting investors, inflating the token supply to give a false impression of value, draining project funds and finally, leaving investors with essentially worthless assets. The implications of this report are profound. It underlines the urgency for investors to exercise vigilance, even in projects claiming to have been audited. It also highlights the need for increased awareness within the cryptocurrency community. Investor Empowerment Rug pulls can be one of the easiest scams to prevent, as vigilant investors can spot certain signs of 'alert. Among the most important is the presence or absence of a third-party audit. However, it is not just up to investors to protect themselves. The entire cryptocurrency industry must work together to establish more robust mechanisms for verifying the integrity of projects and protecting investors. In cryptocurrency, just like in any financial market, the knowledge is power. The more we understand the risks and potential scams, the better we can protect ourselves and our investments. Stay informed, stay vigilant, and together, let's work towards a safer and more secure cryptocurrency ecosystem. 🌐💡 #Cryptomonnaie #RugPulls #ProtectionDesInvestisseurs
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According to crypto analyst Benjamin Cowen, the Federal Reserve will likely keep interest rates high for longer, which will negatively impact risky assets like altcoins. Cowen believes the Fed will only consider cutting interest rates when the S&P 500 experiences significant corrective movement. He suggests that investors should view the S&P 500 as an indicator of when altcoins will turn around relative to Bitcoin. As long as the stock market remains high, Cowen expects Bitcoin ($BTC) dominance to continue to increase, causing altcoins to lag. Historically, $BTC tends to reverse its upward trend when the Fed begins to cut rates. Cowen predicts that until the Fed starts cutting rates, crypto investors will redirect their capital from altcoins to Bitcoin.
According to crypto analyst Benjamin Cowen, the Federal Reserve will likely keep interest rates high for longer, which will negatively impact risky assets like altcoins. Cowen believes the Fed will only consider cutting interest rates when the S&P 500 experiences significant corrective movement. He suggests that investors should view the S&P 500 as an indicator of when altcoins will turn around relative to Bitcoin. As long as the stock market remains high, Cowen expects Bitcoin ($BTC ) dominance to continue to increase, causing altcoins to lag. Historically, $BTC tends to reverse its upward trend when the Fed begins to cut rates. Cowen predicts that until the Fed starts cutting rates, crypto investors will redirect their capital from altcoins to Bitcoin.
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Ethereum’s recent bull run and the profits that holders are making. Ethereum price is on an uptrend, gaining around 13% since the uptrend began. Despite a recent minor decline, the overall trend remains bullish. Some Ethereum holders have finally entered profitability, as indicated by the market value/realized value (MVRV) chart. The 180-day MVRV shows that holders in this group are holding more than 1% profit, after being in a loss position for more than three months. The possibility of further upward trends is increased as more holders are now making profits. However, the article also notes that there has been a decline in the number of new daily addresses, suggesting that it is difficult to attract new users amid market highs.
Ethereum’s recent bull run and the profits that holders are making. Ethereum price is on an uptrend, gaining around 13% since the uptrend began. Despite a recent minor decline, the overall trend remains bullish. Some Ethereum holders have finally entered profitability, as indicated by the market value/realized value (MVRV) chart. The 180-day MVRV shows that holders in this group are holding more than 1% profit, after being in a loss position for more than three months. The possibility of further upward trends is increased as more holders are now making profits. However, the article also notes that there has been a decline in the number of new daily addresses, suggesting that it is difficult to attract new users amid market highs.
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Financial services firm Cantor Fitzgerald is growing increasingly confident in approving a spot Bitcoin exchange-traded fund (ETF). The U.S. Securities and Exchange Commission (SEC) has been reluctant to approve a Bitcoin spot ETF due to concerns about potential manipulation on offshore spot platforms. However, Cantor Fitzgerald believes that the market surveillance procedures proposed by the new applicants could address these concerns and prompt the SEC to seek approval. The firm's analysts stressed the importance of establishing a "comprehensive supervisory sharing agreement with a regulated market of significant size" to appease regulators. Approval of a spot ETF would have significant near-term implications for the price of Bitcoin and would be a pivotal moment for the long-term adoption and legitimization of the cryptocurrency. Anticipation of an ETF spot approval has already led to a surge in the price of Bitcoin. #ETF
Financial services firm Cantor Fitzgerald is growing increasingly confident in approving a spot Bitcoin exchange-traded fund (ETF). The U.S. Securities and Exchange Commission (SEC) has been reluctant to approve a Bitcoin spot ETF due to concerns about potential manipulation on offshore spot platforms. However, Cantor Fitzgerald believes that the market surveillance procedures proposed by the new applicants could address these concerns and prompt the SEC to seek approval. The firm's analysts stressed the importance of establishing a "comprehensive supervisory sharing agreement with a regulated market of significant size" to appease regulators. Approval of a spot ETF would have significant near-term implications for the price of Bitcoin and would be a pivotal moment for the long-term adoption and legitimization of the cryptocurrency. Anticipation of an ETF spot approval has already led to a surge in the price of Bitcoin.

#ETF
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Cosmos, an altcoin, saw a significant increase in daily active users, surpassing Bitcoin and Ethereum. Over the past 30 days, Cosmos' daily active users have increased by 182%, according to Token Terminal data. This growth in active addresses has outpaced that of Bitcoin, Ethereum, and Coinbase’s L2 base. Despite the increase in active users, Cosmos' native token, $ATOM, has not seen a corresponding increase in value. One possible factor contributing to the growth in active users is the expansion of the Inter-Blockchain Communication (IBC) protocol to the Binance Smart Chain, which provides more ATOM staking opportunities. Cosmos is also focusing on development activities and has seen an increase in features delivered through the project. Sentiment around Cosmos has been largely positive, although there are signs of waning optimism.
Cosmos, an altcoin, saw a significant increase in daily active users, surpassing Bitcoin and Ethereum. Over the past 30 days, Cosmos' daily active users have increased by 182%, according to Token Terminal data. This growth in active addresses has outpaced that of Bitcoin, Ethereum, and Coinbase’s L2 base. Despite the increase in active users, Cosmos' native token, $ATOM , has not seen a corresponding increase in value. One possible factor contributing to the growth in active users is the expansion of the Inter-Blockchain Communication (IBC) protocol to the Binance Smart Chain, which provides more ATOM staking opportunities. Cosmos is also focusing on development activities and has seen an increase in features delivered through the project. Sentiment around Cosmos has been largely positive, although there are signs of waning optimism.
Bitcoin long liquidations have surpassed short liquidations in the last 24 hours, indicating a rise in sell pressure. CoinGlass reported that long liquidations amounted to $20 million, while short liquidations were below $10 million. This trend suggests that as Bitcoin's price has slipped by almost 1% and trading volume has dropped by 18%, profit-taking activity among coin holders is gaining momentum. Santiment data shows that Bitcoin's market value to realized value ratio (MVRV) is at its highest level since March 2022, indicating that if all holders sold at the current market value of $34,064, they would realize around 70% profit. Despite profit-taking, the spot market remains bullish, with BTC bulls in control according to the Directional Movement Index (DMI). The Average Directional Index (ADX) also suggests that the bears will find it challenging to regain market control.
Bitcoin long liquidations have surpassed short liquidations in the last 24 hours, indicating a rise in sell pressure. CoinGlass reported that long liquidations amounted to $20 million, while short liquidations were below $10 million. This trend suggests that as Bitcoin's price has slipped by almost 1% and trading volume has dropped by 18%, profit-taking activity among coin holders is gaining momentum. Santiment data shows that Bitcoin's market value to realized value ratio (MVRV) is at its highest level since March 2022, indicating that if all holders sold at the current market value of $34,064, they would realize around 70% profit. Despite profit-taking, the spot market remains bullish, with BTC bulls in control according to the Directional Movement Index (DMI). The Average Directional Index (ADX) also suggests that the bears will find it challenging to regain market control.
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The 10 most read stories during the week of October 23The 10 most read articles during the week of October 23 are: 1. Arthur Hayes, co-founder of BitMEX, believes that the recent crypto market rally is due to costs associated with hawkish foreign measures by states -United. policy, not the anticipation of a spot Bitcoin ETF. 2. BlackRock, the world's largest asset manager, plans to launch its spot Bitcoin ETF this month, according to Eric Balchunas, senior ETF analyst for Bloomberg. 3. Polygon has deployed its $POL token on the Ethereum network, marking an important milestone in the project’s ongoing “2.0” overhaul. 4. Bitcoin hit a 17-month high amid progress in a #ETF Bitcoin spot, with researchers suggesting BlackRock could launch the fund this month. 5. Teenage CEO Álvaro Pintado Santaularia purchased the web domain hello.app for $115,000, launching the world's first decentralized storage network based on mobile devices, iPads and PCs. 6. Vodafone's digital asset broker (DAB) has partnered with Chainlink, Sumitomo Corporation and InnoWave to demonstrate the potential of blockchain in the global business ecosystem. 7. LayerZero Labs deployed a stETH bridge without approval from Lido Governance, leading to debate over whether to support cross-chain stETH transfers. 8. Celestia, a project focused on building a modular blockchain ecosystem, is preparing for the imminent launch of its Mainnet beta. 9. Fantom has launched testnets for its next improved tech stack, Sonic, claiming its throughput will rival major credit card companies and banks. 10. Elliptic, an on-chain research company, has refuted claims that cryptocurrency is a major source of funding for Hamas, the Palestinian terrorist organization.#ElvisKonjoh #CryptoEdu

The 10 most read stories during the week of October 23

The 10 most read articles during the week of October 23 are: 1. Arthur Hayes, co-founder of BitMEX, believes that the recent crypto market rally is due to costs associated with hawkish foreign measures by states -United. policy, not the anticipation of a spot Bitcoin ETF. 2. BlackRock, the world's largest asset manager, plans to launch its spot Bitcoin ETF this month, according to Eric Balchunas, senior ETF analyst for Bloomberg. 3. Polygon has deployed its $POL token on the Ethereum network, marking an important milestone in the project’s ongoing “2.0” overhaul. 4. Bitcoin hit a 17-month high amid progress in a #ETF Bitcoin spot, with researchers suggesting BlackRock could launch the fund this month. 5. Teenage CEO Álvaro Pintado Santaularia purchased the web domain hello.app for $115,000, launching the world's first decentralized storage network based on mobile devices, iPads and PCs. 6. Vodafone's digital asset broker (DAB) has partnered with Chainlink, Sumitomo Corporation and InnoWave to demonstrate the potential of blockchain in the global business ecosystem. 7. LayerZero Labs deployed a stETH bridge without approval from Lido Governance, leading to debate over whether to support cross-chain stETH transfers. 8. Celestia, a project focused on building a modular blockchain ecosystem, is preparing for the imminent launch of its Mainnet beta. 9. Fantom has launched testnets for its next improved tech stack, Sonic, claiming its throughput will rival major credit card companies and banks. 10. Elliptic, an on-chain research company, has refuted claims that cryptocurrency is a major source of funding for Hamas, the Palestinian terrorist organization.#ElvisKonjoh #CryptoEdu
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A recent study conducted by Coinbase reveals that younger Americans are more optimistic about the potential of cryptocurrencies and blockchain technology than older generations. The study found that 38% of younger Americans believe crypto and blockchain can provide significant economic opportunities, while only 26% of older generations share the same belief. Younger generations' attraction to digital assets is driven by frustration with the current financial system and a desire to find new economic opportunities that fit their lifestyle and financial needs. The study also found that 31% of young people own cryptocurrency, compared to 12% of older generations. Additionally, the report suggests that younger generations could have an impact on future elections, with 51% indicating the possibility of supporting crypto-friendly candidates in the upcoming 2024 elections.
A recent study conducted by Coinbase reveals that younger Americans are more optimistic about the potential of cryptocurrencies and blockchain technology than older generations. The study found that 38% of younger Americans believe crypto and blockchain can provide significant economic opportunities, while only 26% of older generations share the same belief. Younger generations' attraction to digital assets is driven by frustration with the current financial system and a desire to find new economic opportunities that fit their lifestyle and financial needs. The study also found that 31% of young people own cryptocurrency, compared to 12% of older generations. Additionally, the report suggests that younger generations could have an impact on future elections, with 51% indicating the possibility of supporting crypto-friendly candidates in the upcoming 2024 elections.
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Sam Bankman-Fried, CEO of FTX and Alameda Research, testified in court this week, denying any wrongdoing between the two companies but admitting to making "big mistakes" during their rapid growth. Bankman-Fried denied ordering his entourage to make millionaire political donations in 2021 and claimed FTX's terms of service covered transactions between Alameda and the crypto exchange. He also said he requested additional coverage strategies for Alameda, but they were never implemented. Bankman-Fried's defense is scheduled to conclude Oct. 30, followed by cross-examinations and closing arguments from both sides. Prosecutors have hinted at a possible rebuttal witness next week. If convicted on all counts of fraud and conspiracy, Bankman-Fried faces up to 115 years in prison.
Sam Bankman-Fried, CEO of FTX and Alameda Research, testified in court this week, denying any wrongdoing between the two companies but admitting to making "big mistakes" during their rapid growth. Bankman-Fried denied ordering his entourage to make millionaire political donations in 2021 and claimed FTX's terms of service covered transactions between Alameda and the crypto exchange. He also said he requested additional coverage strategies for Alameda, but they were never implemented. Bankman-Fried's defense is scheduled to conclude Oct. 30, followed by cross-examinations and closing arguments from both sides. Prosecutors have hinted at a possible rebuttal witness next week. If convicted on all counts of fraud and conspiracy, Bankman-Fried faces up to 115 years in prison.
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Financial services firm Cantor Fitzgerald believes approval of a Bitcoin spot exchange-traded fund (#ETF) by the U.S. Securities and Exchange Commission (#SEC) would be the “most significant near-term catalyst » for the price of Bitcoin. Analysts at Cantor Fitzgerald are increasingly confident that the SEC will approve a spot Bitcoin ETF due to the market surveillance procedures proposed by asset managers. The SEC has been reluctant to approve such a product due to concerns about manipulation on offshore spot platforms. However, the agency may approve new applicants if they have a comprehensive supervisory sharing agreement with a regulated market of significant size. Cantor Fitzgerald views the approval of a spot#ETFas a fundamental moment for the long-term adoption and legitimization of Bitcoin. The potential approval of a spot ETF has already driven up the price of Bitcoin in recent weeks. #ElvisKonjoh
Financial services firm Cantor Fitzgerald believes approval of a Bitcoin spot exchange-traded fund (#ETF) by the U.S. Securities and Exchange Commission (#SEC) would be the “most significant near-term catalyst » for the price of Bitcoin. Analysts at Cantor Fitzgerald are increasingly confident that the SEC will approve a spot Bitcoin ETF due to the market surveillance procedures proposed by asset managers. The SEC has been reluctant to approve such a product due to concerns about manipulation on offshore spot platforms. However, the agency may approve new applicants if they have a comprehensive supervisory sharing agreement with a regulated market of significant size. Cantor Fitzgerald views the approval of a spot#ETFas a fundamental moment for the long-term adoption and legitimization of Bitcoin. The potential approval of a spot ETF has already driven up the price of Bitcoin in recent weeks.

#ElvisKonjoh
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3,400 coins were delisted from exchanges this year (the highest ever). Be aware that 99% of altcoins eventually fail. This is why you need to be on the lookout when you invest.
3,400 coins were delisted from exchanges this year (the highest ever).
Be aware that 99% of altcoins eventually fail. This is why you need to be on the lookout when you invest.
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Google reportedly plans to invest an additional $2 billion in AI company Anthropic, following its initial $500 million investment. The remaining $1.5 billion will be paid over time. The investment comes after Google Cloud struck a multi-year deal with Anthropic worth more than $3 billion. Anthropic, a rival of OpenAI, aims to train its AI systems, including AI assistant Claude, in hopes of achieving a breakthrough in the AI ​​industry. OpenAI, meanwhile, has received more than $13 billion in funding from Microsoft since 2019 and continues to develop advanced versions of its AI chatbot, ChatGPT. Anthropic co-founders Dario and Daniela Amodei previously worked at OpenAI but left in 2021 due to disputes over security implications. Before investments from Google and Amazon, Anthropic was largely funded by former FTX CEO Sam Bankman-Fried.
Google reportedly plans to invest an additional $2 billion in AI company Anthropic, following its initial $500 million investment. The remaining $1.5 billion will be paid over time. The investment comes after Google Cloud struck a multi-year deal with Anthropic worth more than $3 billion. Anthropic, a rival of OpenAI, aims to train its AI systems, including AI assistant Claude, in hopes of achieving a breakthrough in the AI ​​industry. OpenAI, meanwhile, has received more than $13 billion in funding from Microsoft since 2019 and continues to develop advanced versions of its AI chatbot, ChatGPT. Anthropic co-founders Dario and Daniela Amodei previously worked at OpenAI but left in 2021 due to disputes over security implications. Before investments from Google and Amazon, Anthropic was largely funded by former FTX CEO Sam Bankman-Fried.
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Zeebu, a Web3 neobank for telecommunications, announced its listing on BitForex, a global cryptocurrency exchange. This listing is considered a milestone for Zeebu and the telecom operator industry. The trading pair for Zeebu's native token, ZBU, will be ZBU/USDT. ZBU deposits will open on October 26, trading will begin on October 27, and withdrawals will be available on October 28. Zeebu aims to provide on-chain settlement solutions to telecom operators, enabling seamless cross-border transactions powered by the ZBU loyalty token. The token, built on Ethereum and linked to BSC, incentivizes and rewards telecom operators engaged in the Zeebu ecosystem. By using ZBU, telcos can streamline payment settlements and reduce conversion costs. The listing on BitForex represents the convergence of cryptocurrency innovation and the telecommunications industry. Zeebu is a Web3 neobank that facilitates on-chain B2B invoice settlement for telecom operators, offering fast transaction speeds.
Zeebu, a Web3 neobank for telecommunications, announced its listing on BitForex, a global cryptocurrency exchange. This listing is considered a milestone for Zeebu and the telecom operator industry. The trading pair for Zeebu's native token, ZBU, will be ZBU/USDT. ZBU deposits will open on October 26, trading will begin on October 27, and withdrawals will be available on October 28. Zeebu aims to provide on-chain settlement solutions to telecom operators, enabling seamless cross-border transactions powered by the ZBU loyalty token. The token, built on Ethereum and linked to BSC, incentivizes and rewards telecom operators engaged in the Zeebu ecosystem. By using ZBU, telcos can streamline payment settlements and reduce conversion costs. The listing on BitForex represents the convergence of cryptocurrency innovation and the telecommunications industry. Zeebu is a Web3 neobank that facilitates on-chain B2B invoice settlement for telecom operators, offering fast transaction speeds.
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This is where it all started. the whyThis simple message from Satoshi Nakamoto, "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," which was included in the genesis block of Bitcoin, is an extraordinary testimony to the precise moment when Bitcoin was born. It was a cryptic statement, but one that carried with it a powerful message. To fully understand it, let's go back. In 2008, the world was going through one of the most serious financial crises in modern history. Banks were on the verge of bankruptcy, and governments were considering massive bailouts to bail them out. It was at this critical juncture that Satoshi Nakamoto published the Bitcoin whitepaper and began work on developing the first-ever cryptocurrency network. The encrypted message in the genesis block is a direct reference to this news article from January 3 2009, and it captures the spirit of rebellion against the traditional financial system. Satoshi founded Bitcoin in response to the financial crisis, providing a decentralized alternative to the traditional banking system. This symbolic message is like a declaration of financial independence. Since then, Bitcoin and blockchain technology have evolved into a powerful force and symbol of financial freedom. They paved the way for new ideas, greater transparency and decentralization of financial power. They created a world where everyone can have control of their own money, without having to trust central financial institutions. Today, Bitcoin and cryptocurrencies continue to attract interest around the world, from individuals to institutions. Satoshi Nakamoto's message remains alive, constantly reminding us of the need for an alternative to the traditional financial system. It is a reminder of the importance of financial empowerment, resilience and trust in technology to shape our financial future.It is difficult to overestimate the impact of this simple phrase in the context of the birth of Bitcoin. It is the starting point of a financial revolution that profoundly changes the way we see and use money. It’s a reminder of the power of innovation and the drive to create a better financial system for everyone. #ElvisKonjoh #Bitcoin #Blockchain #RévolutionFinancièr #SatoshiNakamoto

This is where it all started. the why

This simple message from Satoshi Nakamoto, "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," which was included in the genesis block of Bitcoin, is an extraordinary testimony to the precise moment when Bitcoin was born. It was a cryptic statement, but one that carried with it a powerful message. To fully understand it, let's go back. In 2008, the world was going through one of the most serious financial crises in modern history. Banks were on the verge of bankruptcy, and governments were considering massive bailouts to bail them out. It was at this critical juncture that Satoshi Nakamoto published the Bitcoin whitepaper and began work on developing the first-ever cryptocurrency network. The encrypted message in the genesis block is a direct reference to this news article from January 3 2009, and it captures the spirit of rebellion against the traditional financial system. Satoshi founded Bitcoin in response to the financial crisis, providing a decentralized alternative to the traditional banking system. This symbolic message is like a declaration of financial independence. Since then, Bitcoin and blockchain technology have evolved into a powerful force and symbol of financial freedom. They paved the way for new ideas, greater transparency and decentralization of financial power. They created a world where everyone can have control of their own money, without having to trust central financial institutions. Today, Bitcoin and cryptocurrencies continue to attract interest around the world, from individuals to institutions. Satoshi Nakamoto's message remains alive, constantly reminding us of the need for an alternative to the traditional financial system. It is a reminder of the importance of financial empowerment, resilience and trust in technology to shape our financial future.It is difficult to overestimate the impact of this simple phrase in the context of the birth of Bitcoin. It is the starting point of a financial revolution that profoundly changes the way we see and use money. It’s a reminder of the power of innovation and the drive to create a better financial system for everyone. #ElvisKonjoh #Bitcoin #Blockchain #RévolutionFinancièr #SatoshiNakamoto
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