CryptoQuant clearly demonstrated how actively ETFs, private companies, and governments are buying Bitcoin.
The CEO of the analytical platform, Ki Yoon Joo, noted that this category accounts for 31% of all available circulating coins, which suggests a 14% increase in share compared to last year.
In my opinion, $BTC is at critical values. A key local continuation pattern is forming, and if it holds, local targets can be set at 99–103, which is why this is important. Otherwise, if the US market opens with a correction tomorrow, the breakdown of the pattern's structure will effectively signal the start of a local correction and a new low (92k) followed by a rise to (120k). Overall, the situation, in my opinion, is very dangerous for those with positions in futures. Based on the above, I maintain an optimistic view of the market and expect a rebound with the targets described earlier.
#ZK Ksync - is a Layer 2 solution for scaling the Ethereum network, using zk-rollups (zero-knowledge rollups) technology. The goal of the project is to address key issues of Ethereum, such as high transaction costs and low throughput, while maintaining the security and decentralization of the network.
ZK-Rollups: The technology combines multiple transactions into a single cryptographic proof, which is published on the Ethereum blockchain. This significantly reduces costs and increases the network's throughput.
Technically Considering current prices and prospects, ZKsync seems to be the most advantageous option. The chart is in a retest accumulation phase, indicators are cooling down, I don't believe in a quick reversal, but through accumulation, I think we will break out. $ZK
Worldcoin (WLD) - a level 2 project designed to create a global identification network and decentralized digital currency. Founded by Sam Altman (OpenAI) and Tools for Humanity, it focuses on the mass adoption of cryptocurrency through unique biometric verification.
During the project's launch, there were huge queues at eye retina scanning points in several countries, as people were issued free WLD tokens ($50) after verification. This caused a stir, especially in poorer regions, where users had a real opportunity to enter the world of cryptocurrency for free.
Technically The main portfolio has managed to accumulate before today's pump; I am waiting for a breakout of the upper boundary of the seller's block and movement into the ~8$ zone. It would be nice to go for a retest of the upper boundary of the parallel channel and accumulate before the subsequent growth.
The possibility to earn with #Binance don't miss your chance to get #bnb and other rewards
LIVE
Binance Announcement
--
Share 1 BNB Daily & Earn Up to 30% Commission on Binance Square
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Square is thrilled to present a limited-time offer for the "Write to Earn" promotion for all creators! Eligible Binance Square creators can share a daily prize pool of 1 BNB, on top of earning up to 30% commission rewards during the campaign period. Campaign Period: 2024-12-03 00:00 to 2024-12-09 23:59 (UTC) How to Participate: Only Binance Square creators who fulfill all of the following requirements will be eligible to participate in this campaign: Register on the “Write to Earn" promotion page.Publish a qualified content piece on Binance Square, with any coin cashtag (e.g., $BTC) and at least 50 characters. Post every day to maximize your chances! Rewards: Share a daily 1 BNB prize pool by making a qualified content piece. Post every day, win every day! Get up to 30% in trading fee commissions from your qualifying readers' trades when they complete trade(s) directly via your content. Learn more here. Don't miss this chance—opt-in now and start posting daily to maximize your earnings! About Binance Square Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history. For More Information What Is Binance Square and Frequently Asked QuestionsFrequently Asked Questions on Binance Square “Write to Earn” Promotion Terms & Conditions This Campaign may not be available in your region. Creators who already registered for the "Write to Earn" promotion are automatically eligible for this Campaign and do not need to register again.The individual reward cap per creator is $5 per day. Each day runs from 00:00 (UTC) to 23:59 (UTC).Only short posts, long articles, videos, polls, or audio Lives that are published organically on Binance Square after users confirm their registration for this campaign will count as qualified content pieces. Content pieces that are deleted during the campaign period or duplicated will not qualify. Rewards will be distributed in the form of BNB token vouchers to eligible users within 21 working days after the Campaign ends, and expire 14 days after distribution. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.The Binance Privacy Notice shall apply for personal data collected under this Promotion. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2024-12-03