I see that everyone is excited because the market turned green, and you might be wondering... "Is it the start of altcoin season?" Wait a moment! 💨
Here I explain the reality about altcoin season and what you need to know:
1. What is Altseason? 🌐 Altseason is when altcoins start to stand out more than Bitcoin in terms of growth and dominance. It's when altcoins have explosive rises, and Bitcoin loses some prominence for a while.
2. How to recognize if we are in altcoin season? 👀 • Drop in BTC dominance: When Bitcoin's dominance starts to decrease, altcoins gain more strength. • Altcoins outperform Bitcoin: If altcoins are rising faster than BTC, it's a clear sign that it might be approaching! • Increase in volume for altcoins: The volume of altcoins starts to rise, and more people move away from BTC to enter altcoins.
3. A green market is not always altseason 🚫 Just because you see the market is green, it doesn't mean it's altcoin season. Remember that the market has cycles 🔄 Bitcoin still leads, and altcoins follow its movement, but it's not the time to jump in without thinking.
4. What to do at this moment? 🤔 • Be patient: Don't get carried away by euphoria. • Diversify: Maintain a balance between BTC and altcoins. • Watch Bitcoin's dominance: When it truly starts to fall, then you can say we are in altseason.
5. What comes next? 🔮 The market always goes through its ups and downs. Don't be fooled just because it's green. The altcoin season takes time to arrive. 🛠️
🚨 Personal opinion: Just because the market is green doesn't mean it's altseason. Patience, research, and a balanced approach are your best allies. Stay informed, stay ready, and let's navigate and wait for the best opportunity to enter this market together! 🌊🚀
Could Russia Become the WORLD CAPITAL of Cryptocurrencies? 🇷🇺💰
While the U.S. struggles to dominate the crypto market, Russia is taking bold steps to claim the title. Here’s everything you need to know!👇
1️⃣ Legalization and Regulation: Russia has adopted a clear and pragmatic approach by recognizing cryptocurrency mining as a legal and regulated industry. This means that mining companies must pay taxes and comply with strict regulations. Legalization allows Russia to have more direct control over this emerging industry and ensure that activities are transparent and traceable. 📜💼
🚨 $BIO has risen more than 2300% in a few hours, but watch out for these 3 key points 🚨
1️⃣ The initial price is not always accessible Although the chart shows that $BIO started at $0.03, the truth is that newly listed coins tend to trade at much higher prices in the first minutes. This happens due to massive purchases that quickly elevate the price, making the “initial price” only a reference, not a real opportunity.
2️⃣ It is almost impossible to buy at the lowest price Although the chart indicates a low initial price, the first buyers purchase at much higher prices, as buy orders are executed in seconds, creating fierce competition. This means that no one could have actually bought at $0.03.
3️⃣ The mistake of thinking everyone can buy cheap If it were that easy to buy at the lowest prices, everyone would be millionaires. But the reality is that only a few manage to enter at those levels, and massive purchases cause the price to rise quickly, leaving new buyers with much higher prices.
⚠️ Don't be swayed by impressive numbers. Understand how newly launched coins work and operate with caution. ⚠️
🚨 ATENCIÓN a partir del 3 de enero, Binance elimina de su programa de préstamos a tasa flexible los siguientes tokens: • AdEx (ADX) • AirDAO (CON) • Alpine F1 Fan Token (ALPINE) • Bakery Token (BAKE) • Dent (DENT) • FunToken (FUN) • Lazio Fan Token (LAZIO) • Manchester City Fan Token (CITY) • OG Fan Token (OG) • Voxes (VOXEL)
Elon Musk humorously commented on the complexities of investing in cryptocurrencies, highlighting both the gains 💰 and the risks ⚠️, including scams 🦹♂️ and tax issues 💼.
Do Kwon, co-founder of Terraform Labs, appeared before a U.S. magistrate in the first legal hearing since his extradition to the United States. In front of Magistrate Robert Lehrburger, in the Southern District of New York, Kwon pleaded not guilty to multiple charges related to the collapse of his project, Terra, in 2022. The charges include securities fraud, wire fraud, money laundering, and commodities fraud, which have severely impacted the cryptocurrency ecosystem and its investors.
The collapse of Terra, which included the fall of the stablecoin UST and its token LUNA, caused multimillion-dollar losses and affected thousands of people, triggering a series of international investigations. Kwon's extradition to the U.S. was a complex process that involved deliberations among Montenegrin authorities about whether he should be sent to the United States or South Korea, his home country.
What is the formula to know when to enter the market?
Have you wondered how to identify the next exploding cryptocurrency on Binance before it rises? The key is to use the right tools and be alert to certain patterns. It’s not just about 'guessing' but having a plan, such as: 1. Breakout Patterns: Triangles and flags are your best friends. When a coin consolidates and breaks that congestion zone, it’s very likely to see a strong price movement. An engulfing bullish candle? Run to buy! 🔥
XRP always demonstrating its strength and potential! 🚀 With its efficiency in transactions and increasing adoption, it is one of the most promising cryptos, EXPLODING IN MATTERS OF MINUTES AND INCREASING ITS %. 💪 The future of global payments has a name: $XRP
1️⃣ United States supports cryptocurrencies 🇺🇸 Despite regulatory uncertainty, the U.S. government continues to promote the adoption of cryptocurrencies, with initiatives aimed at integrating Bitcoin and other digital assets into the traditional financial system.
2️⃣ Gary Gensler about to resign (January 2025) The SEC chairman, Gary Gensler, has been one of the key players in cryptocurrency regulation in the United States. However, he is expected to leave his position in January 2025, which could bring significant changes in regulatory policies, potentially offering a more favorable environment for the crypto market.
3️⃣ SEC v Ripple case could be dismissed soon ⚖️ The lawsuit between the SEC and Ripple has been one of the most closely watched cases in the crypto world. It is speculated that it could be dismissed in 2025, allowing XRP to resume its growth without the restrictions imposed by the SEC, setting an important precedent for future regulatory proposals.
4️⃣ XRP ETF 🚀 The launch of an ETF based on XRP could represent a milestone for the cryptocurrency. This ETF would make it easier for institutional and retail investors to access XRP in a more regulated manner, increasing its legitimacy and attracting more capital into the market.
5️⃣ Launch of RLUSD (Stablecoin) RLUSD is a new stablecoin that aims to provide a safe and efficient alternative in the cryptocurrency ecosystem. Backed by liquid assets and transparent in its structure, RLUSD has the potential to transform digital payments and improve stability in crypto transactions.
6️⃣ Derivatives with Bitstamp Bitstamp, one of the largest exchanges in the world, plans to introduce derivative products in 2025. These instruments will allow traders to speculate on the price of cryptocurrencies without having to own them directly. #BtcNewHolder #BTC #xrp
🚨 Big change for cryptocurrencies! Starting January 1, the EU implements the MiCA Regulation in 27 countries. 🏛️ A unique legal framework to protect consumers, promote transparency, and ensure market stability. Crypto companies will need to adapt to new licenses, anti-money laundering regulations, and strict controls on stablecoins. 💼 Will it boost innovation or hinder competitiveness? 🤔 $BTC $ETH $BNB #BtcNewHolder #crypto #Web3
Mexico becomes a crypto epicenter in LATAM! 🚀 With more cryptocurrency ATMs, buying and selling crypto assets with cash is easier than ever. But beware: 6% fees + fixed charges of 50 pesos. Secure your assets, protect your private keys, and avoid common mistakes! 📉🔐 Are you ready to join the crypto wave and start using them daily? #BtcNewHolder $BTC $ETH $BNB
The creator of Luna and UST, Do Kwon, will be extradited to the U.S.! After the collapse of his crypto empire and the loss of billions, the entrepreneur faces multiple charges of fraud. Could this be the end of one of the largest falls in the crypto market? His case joins that of Bankman-Fried and Binance. #LUNA #usa
Russia advances in the digitalization of its economy with a new law that will require banks and businesses to adopt the digital ruble starting in 2025. The system will include payments via a universal QR code, aiming to accelerate the transition and expand the use of this digital currency. It is expected that all banks in the country will be integrated by 2027. A key measure for the modernization of the Russian financial system, which is a power with global influence. $BTC $ETH $XRP #RussiaPolicy #blockchain