$ETH

Hong Kong adds a new flavour to its crypto game!

In a bold move to outdo rivals like Singapore and Switzerland, the city is proposing tax breaks on crypto profits for hedge funds and private equity.

The six-week consultation aims to attract global liquidity and boost its digital economy. High volume means .
- Competing with financial centres, Hong Kong’s open-ended fund structure is gaining traction and attracting everyone.
- The tax break could position Hong Kong as a leading offshore financial centre.

Meanwhile, the city’s largest digital bank, ZA Bank, is entering the crypto world, allowing users to trade Bitcoin and Ethereum.

What do you think? Share your thoughts below!

#AltcoinMomentum

Many expect Bitcoin to rise above 100k, so we find there are pending sell orders for very large amounts. See the image below and you will find that very clear.

🔥 More than 5000 Bitcoins are offered for sale between $99,000 - $100,000 in the spot market SPOT. This will shock the market if it happens.

🔥 Trump's election promises and some of his new appointments contributed greatly to the rise of the digital #العملات_المشفرة
🔥 But the trader must think about when to exit the market or at least when to withdraw the capital and leave the profits.

$BNB

BNB has recently shown an upward trend with a significant increase in its price.

However, short-term price fluctuations are common and can be influenced by many market factors.

A detailed technical analysis is necessary to make accurate long-term forecasts. BNB’s strong fundamentals and its role within the Binance ecosystem give a positive outlook.

Given BNB’s recent bullish trend, bearish expectations seem unlikely.

However, short-term market volatility and external factors may influence price movements.

Factors supporting today’s bullish outlook for BNB

1. Strong fundamentals: BNB’s use within the Binance ecosystem, which includes transaction fees, staking rewards, and access to DeFi services, provides a strong foundation for price growth.

2. Growth of the Binance ecosystem: The development of the Binance ecosystem, featuring new projects and collaborations, could increase demand for BNB.

3. Positive Market Sentiment: A generally positive vibe in the cryptocurrency market can benefit BNB price.

Share your thoughts here
Bullish
or
Bearish

#MarketBuyOrHold?

Buy or Hold?

A Deep Look at the Cryptocurrency Market for November 2024
The cryptocurrency market in November 2024 is witnessing significant shifts, driven by major economic factors and changes in market sentiment.

Major assets such as Bitcoin #BTC☀ and Ethereum #ETH🔥🔥🔥🔥 have shown great resilience, attracting investors and individuals alike.

Why Buy Now?
1. Institutional Adoption: More financial institutions are entering the crypto space, enhancing liquidity and credibility.

2. Technological Advances: Updates in blockchain technology are enhancing scalability and security, increasing the utility of the asset.

Why Hold?
1. High Volatility: Sudden price swings remain a major risk.

2. Regulatory Uncertainty: Ongoing discussions about cryptocurrency regulations could impact market sentiment.

Balancing Risk and Opportunity is Critical in this evolving environment.

The wrapped gold bitcoin, which is symbolized by the symbol #WBTC , and whose price at the original bitcoin price is #BTC🔥🔥🔥🔥🔥 , last night its price on the Binance platform was 5200$ thousand. Yes, in less than a minute it went down and then rose to a price of 95$ thousand. Lucky is he who caught up and bought at the right moment.

#BounceBit
Also known as #BBMegadrop , it operates on the technology of centralized and decentralized finance (CeDeFi), which means that it benefits from the benefits of centralized finance in terms of stability and control, in addition to the features of decentralized finance such as transparency and independence. The idea of ​​BounceBit is to provide an opportunity for holders of the currency to earn returns from multiple sources by re-staking Bitcoin (BTC).
One of the most important advantages of BounceBit is that it provides its holders with the opportunity to participate in returns without the need for complex operations, as it enables users to earn passive income safely and transparently. Also, BounceBit offers flexibility in financial transactions and allows users to enter the world of crypto through the Binance platform, which increases its reliability and spread among traders.
In addition, BounceBit has a strong community on platforms such as Binance Square, where users are encouraged to interact and participate in various activities, which enhances its value and increases its adoption.

New Events on Binance

#usual 🔥🔥


USDT Technical Analysis - Targeting 3 Key Targets

The USUAL/USDT pair has shown positive movement over the past 24 hours and is expected to make some interesting moves. Here is a breakdown of the current scenario and potential price targets:

Current price: 0.2237 USDT (+2.10% in the last 24 hours)
24-hour high: 0.2392 USDT
24-hour low: 0.2112 USDT
Key technical levels to watch:

1️⃣ First target: 0.2290 USDT
The first level of resistance is located at around 0.2290. If the bulls continue to push, we may see a test of this level. Watch for volume spikes to confirm the breakout.

2️⃣ Second Target: 0.2350 USDT
There is a stronger resistance area at 0.2350. If USUAL breaks the first target and maintains the momentum, this level could provide an ideal short-term profit-taking point.

3️⃣ Third Target: 0.2400 USDT
The ultimate target in this short-term bullish scenario is 0.2400. A break above this point could open the door to higher levels, providing strong gains for traders with a long-term outlook.

Market Sentiment and Money Flow:
Money Flow: Positive with a depth of 12.0504%, indicating that buyers are in control.

Volume: Relatively healthy, with 45.30 million USUAL traded, indicating continued interest.

This is not a buy or sell advice. The money is yours and yours alone.

This is how $PEPE was last night, staying up late, exhausted and thinking about what will happen to him the next day.

It was trading at critical levels 0.00001874, which caused fear among many traders.

But today, despite the exhaustion and fatigue in resisting the rise, it achieved its goal and joined the rising bandwagon and drew attention to itself again, achieving a break of the rise barrier by 0.00002150

I think that most whales, and most investors, are waiting for Bitcoin to reach $95,000 $BTC , in order to sell what they have at this historical price, which will cause a huge amount of sales and a sharp decrease in demand.

It will negatively affect the market and will cause a strong decline in Bitcoin #BTC☀ and a sharp bleeding that may reach $87,000.

I think the time for consolidation is approaching for the #pepecoin🐸 coin. Despite the strong decline, in my personal opinion, it will not fall below 0.00001750.


Not a recommendation or advice.

I think the rise in $PEPE coin will not happen until many people who own it sell it because its price is falling and they can't bear their loss in it, only then will the rise happen.


But when its price rises again it will cause a reaction along the way, where many people will buy and then #pepe⚡ will come back again after the rise to the fall causing buyers to lose again when it rises.

I don't know if Ripple XRP will take advantage of its previous death date, which I think will be in two days, and achieve a new strong birth, or if it will be affected by its sadness and fall again.

Although Bitcoin has exceeded the $BTC upward barrier towards $64 thousand dollars, there is a very large percentage of currencies that have not yet risen, but on the contrary, are trying to go down and fall further to correct their position in the market, as a result of their previous significant rise, such as the $DOGE currency and the #pepe⚡ currency.

There are also currencies that have not moved, whether during the previous or current wave, such as the $ZK currency.

But I believe that if Bitcoin continues above $64 throughout this day, most other digital currencies will rise gradually and smoothly to create a new peak.

And God knows best.

It seems he will bring it at the end of the month 🤣🤣

Most currencies are in a tense phase between the rising arrow and the falling resistance.. although Bitcoin is in an upward state and will surpass 93$ thousand tonight, God willing

You will get me 0.00002040 God willing

The currency is not that bad, there are big gains compared to others. When I invest in it with an amount of $4,000, as soon as it goes up 4 numbers only, I get a profit of no less than $40, and every deal is like this.

1$ Once upon a time, even 1 cent comes to me in a dream confused.. Don't let your imagination delude you with what is contrary to reality, my brother

Add 000 then it will become 92000 😜