💵 Tether has printed about 4 billion USDT in recent months
USDT capitalization is at a record high - almost $87 billion. 🚀 I believe that the increased emission of USDT is directly related to the growth of the market.
There are two versions of why such a large number of stable tokens were printed.
1️⃣ According to the first version, Tether prints candy wrappers (unsecured USDT) for the pump of Bitcoin and altcoins. The company was especially actively accused of this 5-6 years ago; today this is unlikely to happen, especially since the company is constantly accompanied by regular audits by regulatory authorities.
2️⃣ According to the second, more logical version, Tether prints USDT in response to a request from market makers. That is, real cash (US dollars) enters the crypt through USDT. To further go on to buy Bitcoin and altcoins.
One way or another, the growth of USDT capitalization on the macro level is a bullish signal. #USDT #ETHUSD #ефир
The cryptocurrency market, as well as the main one among all coins - Bitcoin, have updated their local maximums.We see how the price is thrown higher in continuation of the overheating and overbought market. 🔥❕The current growth is due to the latest news about BTC ETFFirst, the SEC's 8-day window to approve all 12 spot BTC ETFs opens today, which is a potential opportunity to see buying and crazy growth begin as early as this week or next.
✔ SequenceConsistency implies calculation, desire, energy, stubbornness, inflexibility, direction - everything that we need to implement our plans. We should calculate and write down in advance: what, when, how much and by what time we must do.
Фигура Восходящий треугольник имеет более сильный характер на бычьем рынке по сравнению с медвежьем рынком, потому, что угол наклона линии поддержки направлен вверх, то есть покупатели (быки) проявляют больший интерес. И цена, обычно, пробивает горизонтальную линию сопротивления. Поэтому на медвежьем рынке, при появлении «восходящего трехугольника» необходимо быть очень осторожным.Фигура Нисходящий треугольник полностью аналогична фигуре «Восходящий треугольник» за исключением того, что все утве
First school in Dubai to accept cryptocurrency as tuition 🎓
Citizens School in Dubai will start accepting Bitcoin and Ethereum as tuition in September this year 📊
By the way, Dubai is developing very quickly in terms of the use and application of cryptocurrency payments, and there are also many crypto investors permanently residing or located there, is it possible for it to become the crypto capital of the world? 🤔
Back in September, I took the asset for myself on spot, during this time it has already been X2. While you were waiting and thinking - I was buying and telling you about it. At the moment, the asset brings me + $ 584, and the coin itself has reached the $ 40 mark.
Almost 2% of messages about crypto in leading social networks were dedicated to SOL. Mentions of the altcoin on the Internet reached a maximum in 5 months. Another example of easy 2X in two months. A little patience and you're done.
Have any of you repeated my spot portfolio? If so, I am sincerely happy for you, because the entire portfolio brings more than $ 1000 in net profit. At the moment, I have become much less likely to add positions, since the market has rebounded and I expect local corrections, although many alts are still at their cyclical minimums.
Friends, don't be afraid to take risks and buy when everyone is scared (the main thing is don't buy all sorts of crap, well, links to pancake swap). Profit to everyone
Today at 9:00 PM, the Fed meeting. Another pause in rate hikes is expected, which is already priced into market prices. Therefore, the rhetoric and vision of the situation by the Fed Chairman, which he will voice at a press conference at 9:30 PM, are much more important.
As a rule, this causes strong volatility in the market in both directions, so it is worth reviewing your positions and stops on open positions to minimize risks.
The chart shows the entire rate hike cycle, starting in March 2022.
🤓Start small.Don't try to change everything at once, it can be overwhelming. Find one thing you want to change and start there.🤓Be decisive.Make a decision to change and keep your promise. Don't back down from the challenges and don't make excuses for yourself.🤓Find support.
📊 39.1 million Bitcoin addresses are now in the black, which is another record that the current upward movement sets.
This is higher than the previous record of 38.1 million, recorded in November 2021. Then Bitcoin was trading at historical highs and 100% of addresses with a non-zero balance were in the black.
Now the number of non-zero addresses is 48.3 million, which means that almost 81% of them are in profit. ❗️ Two months ago, the figure was 60%.
There is still potential for growth, but this also indicates that traders will fix their profits ‼️ This is why the correction fits very well into the entire scenario of BTC movement.
What is an "economic moat" and how can it help you choose long-term investments?A moat is a competitive advantage that is very difficult to copy. In cryptocurrency, it is difficult to build a moat because any product is easy to fork. However, some protocols have managed to build a moat around themselves and dominate for years, despite imitators. Here are 7 examples of such moats.
The only working method is to strictly follow the trading plan.
We have prepared a sample checklist for you that you can use:
📌 I trade only if there are no emotional shocks, I do not feel upset, I am able to analyze the market impartially;
📌 I enter the market only if I see a reversal pattern with a false breakout of the support/resistance level;
📌 I set a stop beyond the pattern extremum, and take profits at the nearest levels;
📌 I follow the Safe rule, I leave the rest of the transaction in the market;
📌 work is carried out from 10:00 Moscow time to 18:00 Moscow time.
Each point is a kind of filter. If it is not followed, then you simply do not trade and do not lose money.
The main difficulty is discipline. You must be able to say “no” to yourself, even if you want to break the rules of money management or take into work a pattern that does not correspond to the rules of your TS.
The infamous Uptober once again ends with a strong growth for BTC by 27%. ETH is up by 8%. Historically, October and February are the best months for Bitcoin. 8 out of 10 times they ended with growth. For Ethereum, the best months are February, where ETH declined only once, and January, where ETH has the most insane volatility. This is especially interesting, looking at how much Ethereum volatility has decreased this year.