bizmentor

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The Halving event generates speculation about its effect on prices, but historical trends may not reliably predict future outcomes. Bitcoin's price performance in past halving epochs has varied, and comparing earlier epochs to the present may not yield meaningful insights due to differences in market conditions. We've observed diminishing returns and shallower drawdowns over time, reflecting market maturation and increased capital requirements.

🔴 Epoch 2 Price Performance: +5315% with a max drawdown of -85%

🔵 Epoch 3 Price Performance: +1336% with a max drawdown of -83%

🟢 Epoch 4 Price Performance: +569% with a max drawdown of -77%

#BullorBear #ScamRiskWarning #BinanceLaunchpool

May slots are open! Dive into comprehensive market insights with limited-time free access for a day. Join now!

#Bitcoin #Ethereum #BinanceCoin #Solana #Cardano #XRP #Polkadot #Dogecoin #Avalanche #Chainlink #Litecoin #VeChain #Theta #Stellar

$BTC $ETH $SOL $BNB $ADA $XRP $DOT $DOGE $AVAX $LINK $LTC $VET $THETA

#BinanceLaunchpool #bitcoinhalving #BTC‬

With all the declines, we can see how price has successfully worked liquidity on both sides.

And at this point we are testing a valid buyer's zone of interest.

📝I expect to see a withdrawal of $126.43 soon, after which I expect the upside to continue to the first target of $159.96 and $184.77 respectively.

When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 46.02% ofnet movement.

#BTC‬ #fomc #Memecoins

Who been following my $BTC #BTC post we been killing it bullish or bearish.

Just know what you all have seen last 6 months was BTC flexing. Market ran 90% by BTC. Now alts are holding their own lows, soon or later Alts will fly and leave btc influence. Accumulate as many alts as you can, take this post seriously ride another waves of profits with ALTS

#BullorBear #bitcoinhalving #BinanceLaunchpool

$SHIB Momentarily Soar 360% to $0.00011 in Japan as Binance Lists SHIB/JPY. keep trust SHIB

The Japanese arm of Binance has listed a new Shiba Inu trading pair, causing a momentary surge to $0.00011 in SHIB price.

On Monday, Binance Japan revealed its intention to welcome a Japanese yen-denominated trading pair for Shiba Inu on its spot platform by April 30.

Binance Japan Lists SHIB/JPY

At press time, the exchange has already opened trading for the SHIB/JPY pair. As a result of this listing, Japanese Shiba Inu enthusiasts now have the option to trade their favorite token against local currency.

Moreover, the announcement emphasized that the newly listed SHIB/JPY pair is eligible for the ongoing fee-free campaign on buying and selling transactions. As a result, maker and takers fees will not be charged during the campaign period.

Accordingly, Binance Japan urged Shiba Inu enthusiasts to leverage the new opportunity to engage in spot trading. Other JPY trading pairs Binance Japan recently listed include pairs of Solana, XRP, and Cardano.

Shiba Inu Army Reacts

KURO, a well-known Japan-based Shiba Inu community member, first called attention to Binance Japan’s new listing move. The update attracted significant engagement in the community.

In a subsequent post following the listing, Kuro presented a screenshot illustrating the heightened trading activities surrounding the SHIB/JPY pair. The post indicated that SHIB’s price momentarily hit 0.016666 against the Japanese yen. 

Shiba Inu Soared 361% after Listing 

In dollar value, 0.016666 JPY represents $0.00011, compared to Shiba Inu’s current market cap of $0.00002231.

The 0.016666 JPY price point represents an explosive 361.92% gain from the opening trading price of 0.003608 JPY. Interestingly, this surge occurred less than one hour after the SHIB/JPY listing. 

Notably, the SHIB/JPY price stabilized at 0.003741 JPY at the time of the screenshot

#HKETF #BinanceLaunchpool #Fed

Hong Kong spot Bitcoin ETFs were able to volume only $6.3 million in the first 12 hours.

•US spot ETFs exceeded $4 billion in volume on their first trading day.

#HKETF #BitcoinETFs #Megadrop





koinmilyoner



Bullish

41m・7.9k views

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💰💰💰💰There is a 150% increase in the major metric for Shiba Inu, yet why is the price going down?

The second-largest meme cryptocurrency by market size, Shiba Inu (SHIB), had a substantial metric rise, indicating an optimistic outlook. Despite this, Shiba Inu's price hasn't improved, which may worry token holders.

Shibarium Active Accounts Rise

Shibariumscan data showed a 144% growth in layer-2 network active accounts from 1290 on April 27 to 3,839 on April 28. Since the layer-2 network has been crucial to Shiba Inu's performance since last year, this is good news.

Shibarium's network transactions increased from 4,997 on April 27 to 12,191 on April 28. Since Shibarium consumes SHIB based on transactions, this is much better for Shiba Inu. Shiba Inu has had other optimistic developments.

ShibaSwap is extending to Shibarium. This should boost ShibaSwap and Shibarium's user base. Shiba Inu will gain since more Shibarium users imply more transactions and SHIB burning.

Why Shiba Inu Falls

Given these measurements' bright view for the meme currency, it's reasonable to ask why Shiba Inu's price has dropped recently. Bitcoin's price movement contributed to this drop. According to market intelligence portal IntoTheBlock, SHIB and Bitcoin have a “strong positive correlation” at 0.82%.

Since Bitcoin has fallen significantly, so has SHIB's price. Large transactions dropped 4.60%, another explanation for Shiba Inu's price reduction, according to IntoTheBlock.

Shiba Inu whales may be losing trust in the meme currency due to the market downturn. Once these whales regain market trust, SHIB's meme coin price might rise.

Shiba Inu's burn rate has also dropped, contributing to its fall. According to Shibburn, SHIB token burns have dropped 76% in the previous week and 79% in the last 24 hours.

#BitcoinETFs #fomc #BinanceLaunchpool





Crypto Ahmet



Bullish

36m・3.1k views

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😱🐋🐋Whales Received 624 Billion from SHIB and PEPE, Will Their Prices Rise?

Amid the broader signs of recovery of the crypto market, the #ShibaInu and Pepe coin have gained significant interest, with whales accumulating huge amounts of these tokens.

Amid the broader crypto market's portrayal of recovery, in an unprecedented cycle of events, Shiba Inu and Pepe coin have emerged as the center of attention. The crypto horizon is brightening with on-chain data revealing an unprecedented increase in the accumulation of these coins.

In the past 24 hours, large-scale investors, often referred to as 'whales', have accumulated a total of 624 billion PEPE & SHIB coins from stock exchanges. This development has caused shockwaves in the global crypto community, and investors have speculated about the upcoming price movements of memecoins.

Shiba Inu and #PEPE Whale Accumulation Ignites Market Optimism

The sudden increase in whale accumulations surrounding SHIB and PEPE following the recent Sunday corrections has sparked curiosity in the broader crypto market. Despite the crisis, market sentiment is now brimming with hope, fueling speculation that potentially strong price action for Pepe coin and Shiba Inu will continue.

According to data from an on-chain tracker, a whale going to the 0x10Dc address running through OKX made significant progress today. The whale accumulated 241.6 billion PEPE worth $1.75 million from the aforementioned CEX, followed by 53 billion SHIB worth $1.27 million.

On the other hand, another whale 0x1c6 has attracted a total of 329.3 billion PEPE from Binance and MEXC in the last 24 hours, increasing the optimistic mood of the tokens in the market.

This huge purchase of PEPE & SHIB has attracted attention in the cryptocurrency sector.

Surprisingly, such huge whale accumulations underscore the growing sense of confidence and interest in the assets on the market and paint an optimistic outlook for their future.

#BinanceLaunchpool #fomc #HKETF

The price of SHIB has fallen by almost 7% since yesterday.

Despite today's sharp drop, the price of SHIB is going down, trading near the local support of $0.00002206. If a bounce does not happen until the end of the day, one can witness a test of the $0.000021 area tomorrow.

On the daily time frame, there are also no reversal signals yet as the bar is about to close near its low. In this case, there is a high chance to see a further drop to $0.000020 by the end of the week.

From the mid-term point of view, the rate of SHIB is coming back to the support level of $0.00002136.

If the weekly bar closes below it, one can expect a test of the $0.000016-$0.000019 area in May.

SHIB is trading at $0.00002227 at press time.

#BinanceLaunchpool #Megadrop #fomc

Former Binance CEO Changpeng Zhao Sentenced To Four Months In Prison 🥺🥺

Judge Richard Jones of the U.S. District Court for the Western District of Washington delivered the sentence.

The prosecution had initially sought a three-year prison term for Zhao, citing serious lapses in regulatory compliance during his tenure at Binance.

Zhao’s defense argued for probation, emphasizing his lack of direct knowledge of the illicit activities allegedly conducted through the platform.

In the courtroom, Judge Jones acknowledged the absence of evidence directly linking Zhao to specific illegal acts. This reduced the sentence from the recommended 18 months to four months.

Since his resignation, Zhao has shifted his focus to educational initiatives, founding Giggle Academy, which aims to educate young people about cryptocurrency and blockchain technology.

That's why I have endless respect for this man.always continues to build great things for the crypto world.I will miss him too much during these 4 months. my heart is with you @CZ

#Fed #Megadrop #BitcoinETFs

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😱🔥3 Must-Have Meme Coins For 100X Gains Before Market Recovers

#Dogecoin

Despite being the most popular meme coin, Dogecoin has faced a 34% drop this month and has dropped by 5% to $0.1408 with a market capitalization of $ 20,286,676,415. But this decline also opens up the opportunity to get higher earnings on this meme token. This is because if the market rebounds, Dogecoin could rise to higher heights due to its popularity and reputation in the crypto Sunday. Also, DOGE's ATH value of $0.7376 cannot be ignored as it Decrees the potential to rise to these heights again.

Although its value decreased during the period, the transaction volume is still high and increased by 24.56%, increasing the value to $ 856,514,946.

#ShibaInu 's

Shiba Inu is not far behind Dogecoin in terms of popularity, as people recognize its earning potential against other meme coins. After rising to a two-year peak of $ 0.00003592 in March, the price of shib has declined to its current value of $ 0.00002331. During this month, the value fell by 24.57%, and with the recovery, analysts believe that it will go beyond the March surge.

The transaction volume of Shib also shows its increasing demand in the market. It increased by 19.21% in the last 24 hours, bringing the value to $ 432.07 Million.

#PEPE

Contrary to the previous pump-and-pour meme coin image, PEPE had risen more than any other cryptocurrency this year. Just two months ago, PEPE had created an all-time high of $0.00001074, and the recovery in the crypto market will help to regain a similar hike.

PEPE Price Analysis

It is currently trading at $0.000006971 with a market capitalization of $579,297,646. PEPE has recorded a rise in the 20- and 50-day EMA slope, which opens up the possibility of recovery soon. Analysts believe that pepe could rise to the $ 0.0000108 mark in the coming days after a gain of 45%.

#BinanceLaunchpool #Fed #fomc

We have a fixation above the mid-channel on bitcoin dominance and I am looking for leg upwards to be released and rise up to the top of the channel📈

Only then we can talk above the real #altseason to start!

❗️Just keep your stables ready, there still be a time to buy dips.

$WIF

#HKETF #fomc #BinanceLaunchpool

I shared this in time when everyone was expecting a fall

February 21st

#HKETF #BitcoinETFs #bitcoinhalving

2021:$0.00000002

• 2022:$0.000008051

• 2023:$0.00001048

• 2024:$0.001159

• 2025:$0.04636

• 2026:$2.19

• 2027:$35.9

• 2028:$130.7

• 2029:$709

• 2030:$5,090

#SHİB

Amidst a backdrop of price correction, Shiba Inu (SHIB) has once again captured the attention of investors as they eagerly await its future trajectory. Currently trading at $0.0000234 after a 5% daily decline, discussions are rife within the community regarding the potential for a rebound. However, amidst this speculation, one bold prediction stands out.

Lucie, a prominent member of the SHIB ecosystem, recently expressed her unwavering confidence in SHIB's future, envisioning a scenario where the token reaches the coveted $0.01 mark. Despite prevailing skepticism and the current market scenario, Lucie remains resolute in her belief.

Despite a period of stagnation in Q4 2023, the SHIB community has highlighted the token's impressive performance since late February, emphasizing the gradual nature of its significant price increase.

When Could Shiba Inu Realistically Reach $0.01?

- While Lucie refrains from providing a specific timeline, she advises caution against interpreting her statements as investment advice. However, insights from Changelly suggest that SHIB could achieve this milestone sometime between 2033 and 2040. Conversely, Gemini, Google's AI venture, offers a more optimistic outlook, suggesting that SHIB could hit $0.001 within the next 12 months, provided it maintains a monthly rally of 230%.

- An additional factor to consider is the upcoming upgrade scheduled for May 2. This Shiba Inu #Layer2 solution is anticipated to enhance user experience and optimize transaction fees, potentially bolstering the #memecoin⁠⁠⁠⁠ 's price.

- Despite the community's ambitious aspirations, the journey to $0.01 may prove more challenging than anticipated. Nevertheless, Lucie's steadfast confidence provides a beacon of hope for Shiba Inu's supporters.

#Fed #BitcoinETFs #HKETF

What will be Shiba Inu's Potential Price at $100B Market Cap?

Shiba Inu's price could reach $0.000169 if its market cap hits $100 billion based on its current circulating supply.

The cryptocurrency market has seen significant growth this year, with Shiba Inu contributing to the surge. Last month, the global crypto market cap reached $2.76 trillion, with Shiba Inu reaching a market cap high of $21.16 billion on March 5, briefly entering the top 10 cryptocurrencies.

Currently, Shiba Inu's market cap sits at $13.85 billion, translating to a price of $0.0000235. To reclaim a top 10 position, Shiba Inu would need to rally to a market cap of $100 billion, requiring a price of $0.0001696, potentially securing the fourth position among top crypto assets.

Analysts anticipate Shiba Inu to perform well despite downward pressure, with projections suggesting a price increase to $0.000125 and $0.0001, further boosting its market capitalization. Achieving these targets could solidify Shiba Inu's position among the top 10 cryptocurrencies, although it remains speculative for now

#ScamRiskWarning #Fed #BinanceLaunchpool

⭐️ Here’s Where The Shiba Inu Price Is Headed In May According To Historical Data

The Shiba Inu price, along with the rest of the crypto market, has suffered uncertain headwinds as a result of massive sell-offs suppressing the price. However, with the month of April drawing to an end, crypto investors are expecting the price direction. One way of getting an idea of where the price might be headed next is using historical data, so here is how Shiba Inu has performed in May, historically.

🔺 How Shiba Inu Performs In May

Historical data shows that the month of May her not been particularly bullish for the Shiba Inu price. According to data from CryptoRank, the meme coin has seen more red months in May than green months, suggesting that the trend could continue.

The last time that the Shiba Inu price finished in the green in the month of May was back in 2021, which was at the height of the bull market. In the month of May 2021, the price rose a total of 355%. However, since then, the months of May has come in red for the asset.

In May 2022, the SHIB price fell a whopping 42.1%, carrying on the bearish trend from the previous month of April, which had seen a 22% decline. Then again, in May 2023, the meme coin also followed the same trend, dropping 15.4% after closing the month of April 2023 with a 6.41% loss.

Shiba Inu looks to be following the same trend closely seeing that the month of April 2024 is about to close with an around 24% loss. If history were to repeat itself, then investors could be looking at an average 20% decrease in price next month.

🔺 SHIB Bears Dominate Price

Throughout the month of April, the bears have been in control of the Shiba Inu price as the Bitcoin halving did not have the expected bullish effect. This has carried on to the end of the month, and as stated above, looks like it will carry into the new month.

However, it is important to note that the last two years that have seen the SHIB price fall in May have been right in the bear market, so a decline is expected.

#ScamRiskWarning #NFP #Fed





TopCryptoNews



1h・5.6k views

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⚠️ 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗮𝗻𝗱 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗘𝗧𝗙𝘀 𝗜𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝗠𝗮𝗿𝗸𝗲𝘁 𝗣𝗿𝗶𝗰𝗲𝘀

In January 2024, the launch of Bitcoin ETFs in the United States initially led to significant market declines due to exits from GBTC. However, by the end of February and March, market entries contributed to a rise, reaching BTC‘s all-time highs. Recently, it was announced that Hong Kong-approved spot Bitcoin and Ethereum ETFs have started operating. So, what’s the current situation with Bitcoin and Ethereum?

🔺 How Much is Bitcoin Worth Now?

In the last 12 hours, there has been a noticeable increase in the price of Bitcoin. Amid uncertainties, Bitcoin’s price rose from $61,754 to $64,110, marking an increase of nearly 2% in the last 24 hours

Following the news, Bitcoin’s price did not show significant movement in the last 15 minutes. The market cap of Bitcoin still rose over 1%, reaching $1.262 trillion but not hitting the critical $1.3 trillion level.

On the other hand, the trading volume increased by 57% within 24 hours, reaching $27.7 billion. This suggests that investors are regaining interest in Bitcoin and cryptocurrencies.

There is still uncertainty regarding ETFs. While previously approved ETFs in Hong Kong were thought to have significant impacts, ongoing cryptocurrency pressure from China might keep these ETFs from attracting expected interest.

How investors will react to these newly launched ETFs in the region in the coming days is eagerly anticipated.

🔺 What is the Price of Ethereum?

Another ETF that started operations in Hong Kong is the Spot Ethereum ETF. In the US, the situation remains uncertain, and the recent listing of the Franklin ETF by DTCC is being closely watched.

Amidst all this, the price of ETH has approached the $3,200 mark and is currently trading at $3,192. This price represents a 2.97% decrease.

The market cap of ETH has decreased to $389 billion, while the 24-hour trad

Hong Kong Bitcoin ETF Expected to Outperform $125M US Launch

The much-anticipated Hong Kong Bitcoin ETF market will begin trading on Tuesday, marking a major milestone in the acceptance of the main cryptocurrency and building on the US ETF market.

Debut of HK Bitcoin ETF Market Could Break Records

Warsaw Fund Digital Asset Management Supervisor and Family Wealth Supervisor Zhu Haokang was optimistic about Hong Kong Bitcoin ETF trading volume on its first day.

Haokang said that Huaxia, one of the three ETF issuers, expects to be the biggest on day one. Digital asset platform OSL has raised two funds, including Huaxia, in its maiden funding.

Haokang attributes this divergence to the US spot Bitcoin ETF's lack of spot and in-kind transactions.

Unmatched Investment Opportunities

Unlike the other two offerings, the China Summer Fund's Hong Kong spot ETF includes Hong Kong dollars, US dollars, and dual counter offers (RMB counters).

The fund's non-listed portion complements its listed stake, distinguishing it from competitors. Investors, including Bitcoin miners, may buy the Hong Kong virtual asset spot ETF using their Bitcoin utilizing the physical purchasing method.

ETF-free nations like Singapore and the Middle East have been targeted for investor outreach, creating substantial interest.

Hong Kong's cash and in-kind subscriptions and open trading during Asian market hours are anticipated to draw many American investors, according to Haokang, despite the large US spot Bitcoin ETF market.

Restricted Mainland Chinese Investment

OSL ETF and Trusteeship Business Manager Wayne Huang said that Victory Securities may simplify physical purchases and that China's winning securities can use OSL's backing.

Three coupons allow tangible transactions, with more coming. After the ETF's debut, voucher chambers of commerce may join the Bitcoin ETF market in May.

BTC is at $63,000 after failing to consolidate over $66,000 in previous days. The Hong Kong ETF market debut is likely to dramatically affect BTC prices in the long term.

#ScamRiskWarning #Fed

💣💣💣💣Shiba Inu's Potential Journey to $100 Billion Market Cap🚀🚀🚀🚀#

Shiba Inu (SHIB) enthusiasts are eyeing a monumental milestone: a $100 billion market capitalization, which could propel its price to the $0.000169 territory. Amidst a surging cryptocurrency market, SHIB's recent performance and future projections are generating significant buzz.

Market Dynamics and Milestones:

- SHIB contributed to the crypto market's recent surge, with its market cap peaking at $21.16 billion on March 5.

- Despite a subsequent price retracement, SHIB's market cap currently stands at $13.85 billion, reflecting a price of $0.0000235.

- To reclaim a top 10 spot, SHIB would need to rally to unprecedented heights, reaching $0.0001696 for a $100 billion market cap.

Optimistic Projections:

- Analysts anticipate a bullish trajectory for SHIB, with projections of a second leg up to $0.000125, representing a 409% increase.

- Technical analysis suggests SHIB could rise to $0.0001 following its third Elliott Wave on a weekly timeframe, further boosting its market capitalization.

Strategic Positioning and Ambitions:

- Achieving a $100 billion market cap would solidify SHIB's position among the top cryptocurrencies, a status it briefly held in October 2021.

- Despite ongoing speculation, SHIB's quest for a top 10 ranking remains contingent on market dynamics and investor sentiment.

Disclaimer: This content serves as informational and does not constitute financial advice. Readers are advised to conduct thorough research before making investment decisions. Opinions expressed herein are personal and not representative of The Crypto Basic.

#Fed #Megadrop #BinanceLaunchpool