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L. Velez, an experienced digital assets trader, has advised crypto investors to get their bitcoins off crypto exchanges and prepare to buy the dip. Velez said this in a recent post on X (formerly Twitter) where he identified a crucial reason why the crypto market might experience another significant crash.
$BNB is near #Binance's last leveraged liquidation price once again. Remember when Caroline of Alameda tried to defend the $22 price before it and #FTX2.0 imploded? A $BNB collapse would bring down a house of cards 10x the size of FTX. Get your #Bitcoin off all exchanges.
Velez claimed that at its current price, BNB is near Binance’s last leveraged liquidation price. He believes that a BNB collapse would impact the entire crypto market in a significant way. According to Velez, a BNB crash will send the crypto market tumbling by more than ten times the magnitude of the crash experienced during the FTX collapse of last November.
The highly experienced trader recalled an event that preceded the FTX collapse, when Carolin Ellis, CEO of Alameda Research, posted that Alameda would buy Changpeng Zhao’s FTT tokens for $22 each. Of course, that did not materialize and could not save the market from an eventual collapse. Velez thinks the crypto market is preparing for a cleansing flush-out before the next bull run in 2024.
$BNB is near #Binance's last leveraged liquidation price once again. Remember when Caroline of Alameda tried to defend the $22 price before it and #FTX2.0 imploded? A $BNB collapse would bring down a house of cards 10x the size of FTX. Get your #Bitcoin off all exchanges.
Velez claimed that at its current price, BNB is near Binance’s last leveraged liquidation price. He believes that a BNB collapse would impact the entire crypto market in a significant way. According to Velez, a BNB crash will send the crypto market tumbling by more than ten times the magnitude of the crash experienced during the FTX collapse of last November.
The highly experienced trader recalled an event that preceded the FTX collapse, when Carolin Ellis, CEO of Alameda Research, posted that Alameda would buy Changpeng Zhao’s FTT tokens for $22 each. Of course, that did not materialize and could not save the market from an eventual collapse. Velez thinks the crypto market is preparing for a cleansing flush-out before the next bull run in 2024.
#A.digital.currency waiting for a strong rally.
_#Cryptocurrency.market have been a focal point for investors looking for signs of stability and growth potential, and Ripple appears to be a standout in the recent turbulent trading landscape. After facing a major market sell-off exacerbated by #Binance's legal issues, #Ripple has shown remarkable resilience. On Sunday, the digital currency showed strength by rising from the support level at $0.57. The rebound comes after a massive 22% decline from its early November peak of $0.734. The technical chart for Ripple now indicates an 18% upside if the bull flag pattern remains valid, with resistance targets set at $0.732 and potentially an extension to $0.75. A bull flag pattern, which consists of an initial gain in price followed by a period of consolidation, indicates continued buyer interest. This sentiment is further reinforced by whales' recent acquisitions of nearly 11 million Ripple.
$XRP
#FollowUsNow To see more news and details about digital currencies 💵💯🚀
_#Cryptocurrency.market have been a focal point for investors looking for signs of stability and growth potential, and Ripple appears to be a standout in the recent turbulent trading landscape. After facing a major market sell-off exacerbated by #Binance's legal issues, #Ripple has shown remarkable resilience. On Sunday, the digital currency showed strength by rising from the support level at $0.57. The rebound comes after a massive 22% decline from its early November peak of $0.734. The technical chart for Ripple now indicates an 18% upside if the bull flag pattern remains valid, with resistance targets set at $0.732 and potentially an extension to $0.75. A bull flag pattern, which consists of an initial gain in price followed by a period of consolidation, indicates continued buyer interest. This sentiment is further reinforced by whales' recent acquisitions of nearly 11 million Ripple.
$XRP
#FollowUsNow To see more news and details about digital currencies 💵💯🚀
🇮🇳 Indian government rejects #Binance's plea to operate here in India... 🚫
The tussle between biggest Crypto Currency exchange #Binance and the Indian government is still on fire..!
Talks are still ongoing, but according to the Government of India, full compliance with #PMLAct. is the key to getting Indian users working here again.
#TrendingTopic
The tussle between biggest Crypto Currency exchange #Binance and the Indian government is still on fire..!
Talks are still ongoing, but according to the Government of India, full compliance with #PMLAct. is the key to getting Indian users working here again.
#TrendingTopic
Bitcoin Holders Resist 65% Annual Price Increase
As reported today by Bitfinex Alpha, impressive annual gain of over 65% is fueling the bullish trend in the crypto market. Long-term holders (LTHs) of the digital asset are showing determination, as evidenced by the declining Coin Days Destroyed (CDD) metric that measures the economic activity of the Bitcoin network.
The study also highlighted low sell-side liquidity and a decrease in selling activity among large Bitcoin holders with 1,000-10,000 BTC in their wallets. This suggests that these investors either expect further price gains or are comfortable holding their Bitcoins for longer periods of time. The Output Value Bands Spent (SOVB) metric for these wallets is declining, indicating decreased activity and potentially bullish market sentiment.
In contrast, smaller Bitcoin holders with 10-100 BTC in their wallets are contributing to the selling pressure. However, this pressure has had limited impact recently and is consistent with the early stages of a bullish market. The SOVB metric for these wallets shows an increase, indicating an increase in sales activity.
recent offer of $100 free and discounted fees may encourage more trading activity in the market. Despite these offers and increasing selling pressure from small holders, the Bitcoin market remains strong and resilient, demonstrating belief in its value proposition and future potential.
Overall market patterns are consistent with the early stages of markets and suggest that large Bitcoin holders can expect further price gains or are prepared to extend their holding periods. This is consistent with the early stages of a bullish market and reflects optimism about Bitcoin's future potential.
As reported today by Bitfinex Alpha, impressive annual gain of over 65% is fueling the bullish trend in the crypto market. Long-term holders (LTHs) of the digital asset are showing determination, as evidenced by the declining Coin Days Destroyed (CDD) metric that measures the economic activity of the Bitcoin network.
The study also highlighted low sell-side liquidity and a decrease in selling activity among large Bitcoin holders with 1,000-10,000 BTC in their wallets. This suggests that these investors either expect further price gains or are comfortable holding their Bitcoins for longer periods of time. The Output Value Bands Spent (SOVB) metric for these wallets is declining, indicating decreased activity and potentially bullish market sentiment.
In contrast, smaller Bitcoin holders with 10-100 BTC in their wallets are contributing to the selling pressure. However, this pressure has had limited impact recently and is consistent with the early stages of a bullish market. The SOVB metric for these wallets shows an increase, indicating an increase in sales activity.
recent offer of $100 free and discounted fees may encourage more trading activity in the market. Despite these offers and increasing selling pressure from small holders, the Bitcoin market remains strong and resilient, demonstrating belief in its value proposition and future potential.
Overall market patterns are consistent with the early stages of markets and suggest that large Bitcoin holders can expect further price gains or are prepared to extend their holding periods. This is consistent with the early stages of a bullish market and reflects optimism about Bitcoin's future potential.
Learning from #Binance I've enriched my knowledge base in crypto 📘, mastering the fundamentals of blockchain and trading strategies 📈. #Binance's educational resources have been key to understanding market behavior and technical analysis.
On security, Binance has taught me critical measures to protect my investments 🛡️. I've learned the importance of two-factor authentication, the risks of phishing, and the best practices to keep my digital assets secure from cyber threats.
Market trend analysis from Binance has honed my ability to make informed decisions 🤔. Their insights help me grasp how global events affect crypto prices and market dynamics.
The legal and tax information provided by #Binance has been a crucial learning curve 📜. Staying compliant with my region's regulations is essential, and Binance has helped navigate these complexities.
Finally, the #Binance community has been a fountain of collective knowledge 🌐. It's a space for networking, sharing, and gaining perspectives that enrich my trading journey.
In essence, #Binance has shaped me into a more savvy, secure, and resourceful crypto trader 🚀.
On security, Binance has taught me critical measures to protect my investments 🛡️. I've learned the importance of two-factor authentication, the risks of phishing, and the best practices to keep my digital assets secure from cyber threats.
Market trend analysis from Binance has honed my ability to make informed decisions 🤔. Their insights help me grasp how global events affect crypto prices and market dynamics.
The legal and tax information provided by #Binance has been a crucial learning curve 📜. Staying compliant with my region's regulations is essential, and Binance has helped navigate these complexities.
Finally, the #Binance community has been a fountain of collective knowledge 🌐. It's a space for networking, sharing, and gaining perspectives that enrich my trading journey.
In essence, #Binance has shaped me into a more savvy, secure, and resourceful crypto trader 🚀.
#Bitcoin Price Prediction as Daily Trading Volume Falls to $3 Billion – Are #Whales Leaving the Market?
As Bitcoin's price hovers at $29,366, reflecting a slight 0.22 percent decrease on Sunday, concerns arise about the declining daily trading volume, potentially signaling a departure of whales from the market.
Adding to the uncertainty, #SEC Chair Gary Gensler highlights the highly speculative nature of #cryptocurrency, with fraud being a prevalent issue.
Moreover, the recent reservations expressed by the German authority concerning #Binance's CEO have led to the withdrawal of their license application, adding further complexity to the crypto landscape.
As Bitcoin's price hovers at $29,366, reflecting a slight 0.22 percent decrease on Sunday, concerns arise about the declining daily trading volume, potentially signaling a departure of whales from the market.
Adding to the uncertainty, #SEC Chair Gary Gensler highlights the highly speculative nature of #cryptocurrency, with fraud being a prevalent issue.
Moreover, the recent reservations expressed by the German authority concerning #Binance's CEO have led to the withdrawal of their license application, adding further complexity to the crypto landscape.
fellow #BINANCIANS! please don't get into #profitfirst 's #telehram #bourfxtrade trap.he takes all the money you have and then blocks you . follow #Binance's advice
Due to the secrecy constraints of the central bank's supervisory #legislation, it will be impossible to ascertain the specifics of #Binance's unsuccessful attempts to apply for a virtual asset service provider ( #VASP ) licence in the Netherlands.
Having failing to obtain approval from De #Nedelandsche Bank (DNB), Binance announced that it would immediately stop providing services in the Netherlands on June 16. Trading and deposits for #Dutch customers were halted on the day of the announcement, and starting of July 17 they will only be able to withdraw assets from the site.
Having failing to obtain approval from De #Nedelandsche Bank (DNB), Binance announced that it would immediately stop providing services in the Netherlands on June 16. Trading and deposits for #Dutch customers were halted on the day of the announcement, and starting of July 17 they will only be able to withdraw assets from the site.
$SATOSHA - What if Satoshi was actually a girl?
Ever wondered, "What if Satoshi was a girl?" Boom, that's where $SATOSHA steps in, mixing things up for gender equality in crypto.
Get ready for something epic landing in our crypto universe. This ain't just any coin; it's a game-changer with a mission.
(You can connect with @satosha_BTC on Twitter/X platform and on Telegram).
What's $SATOSHA All About?
So, here's the scoop: The crypto world's been pretty much a boys' club, right? SATOSHA is here to shake that up. Inspired by the mysterious Satoshi Nakamoto, $SATOSHA's creators thought, "Hey, what if Satoshi was actually a girl?" And bam, $SATOSHA core concept was born - a coin that's all about empowering everyone, especially the ladies in crypto.
Tokenomics 101: Fair Play, Folks
$SATOSHA's playing it cool with 21 million tokens up for grabs, kinda like Bitcoin's vibe. But here's the kicker: 20 million of those are getting airdropped to communities that back women and girls in tech and crypto. Talk about leveling the playing field!
Next Up for $SATOSHA
This is just the beginning, fam. $SATOSHA's not just about the hype; it's about making real change. There's talk about rolling out programs to help women and girls get the lowdown on crypto, making the space more welcoming for everyone. Also, an entire team of influencers is being recruited in an alliance to boost this idea acrros the crypto universe!
It starts as SCL token on #Bitcoin and will travel also to $SOL and $ETH and other chains. Won't be long before you see SATOSHA as a #TrendingTopic ! Even #SEC will love it as it brings inclusiveness in this sector of the financial world.
Shoutout to Binance Flagrance
And get this - $SATOSHA's launch is syncing up with #Binance's own move for #internationalwomensday . They dropped Binance Flagrance, celebrating women's impact in crypto. It's all about coming together, showing some love, and pushing for a crypto space where everyone's welcome.
Wrap Up
So, $SATOSHA's more than just another coin. It's a call to action for all of us in the crypto world to back diversity and equality. Let's get behind this, show some love, and make crypto truly for everyone. Remember, it's not just about the coins; it's about the community.
Peace out, and let's make some noise for $SATOSHA!
@Van00sa @Richard Teng @Binance @Crypto lady @Mbeyaconscious @Rachel Conlan
Also, you can watch the International Women's Day Video by SATOSHA, HERE
Get ready for something epic landing in our crypto universe. This ain't just any coin; it's a game-changer with a mission.
(You can connect with @satosha_BTC on Twitter/X platform and on Telegram).
What's $SATOSHA All About?
So, here's the scoop: The crypto world's been pretty much a boys' club, right? SATOSHA is here to shake that up. Inspired by the mysterious Satoshi Nakamoto, $SATOSHA's creators thought, "Hey, what if Satoshi was actually a girl?" And bam, $SATOSHA core concept was born - a coin that's all about empowering everyone, especially the ladies in crypto.
Tokenomics 101: Fair Play, Folks
$SATOSHA's playing it cool with 21 million tokens up for grabs, kinda like Bitcoin's vibe. But here's the kicker: 20 million of those are getting airdropped to communities that back women and girls in tech and crypto. Talk about leveling the playing field!
Next Up for $SATOSHA
This is just the beginning, fam. $SATOSHA's not just about the hype; it's about making real change. There's talk about rolling out programs to help women and girls get the lowdown on crypto, making the space more welcoming for everyone. Also, an entire team of influencers is being recruited in an alliance to boost this idea acrros the crypto universe!
It starts as SCL token on #Bitcoin and will travel also to $SOL and $ETH and other chains. Won't be long before you see SATOSHA as a #TrendingTopic ! Even #SEC will love it as it brings inclusiveness in this sector of the financial world.
Shoutout to Binance Flagrance
And get this - $SATOSHA's launch is syncing up with #Binance's own move for #internationalwomensday . They dropped Binance Flagrance, celebrating women's impact in crypto. It's all about coming together, showing some love, and pushing for a crypto space where everyone's welcome.
Wrap Up
So, $SATOSHA's more than just another coin. It's a call to action for all of us in the crypto world to back diversity and equality. Let's get behind this, show some love, and make crypto truly for everyone. Remember, it's not just about the coins; it's about the community.
Peace out, and let's make some noise for $SATOSHA!
@Van00sa @Richard Teng @Binance @Crypto lady @Mbeyaconscious @Rachel Conlan
Also, you can watch the International Women's Day Video by SATOSHA, HERE
#PIXEL staking rewards revealed ahead of launch🔥
#Binance's announcement offers #crypto enthusiasts a chance to earn passive income by staking $BNB or $FDUSD 💰
Rewards come hourly and can be accumulated till the end of the staking period👀💸
Don't miss out!
Sake Now: https://accounts.binance.com/register….
#TrendingTopic #Launchpool #FDUSD
#Binance's announcement offers #crypto enthusiasts a chance to earn passive income by staking $BNB or $FDUSD 💰
Rewards come hourly and can be accumulated till the end of the staking period👀💸
Don't miss out!
Sake Now: https://accounts.binance.com/register….
#TrendingTopic #Launchpool #FDUSD
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Today Btc officially broke the Triangle pattern accumulated since May 20, 2024. After the break, it broke the short-term peak with smaller volume, this shows the divergence of the price here, if the price goes In the last 16-24 hours here, Sell is worth betting on! #btc #BTC☀ #Bitcoin❗ #Binance's #TienNguyenLlois
This is indeed a game changer - Beginning on June 15, anyone who want to mine Bitcoin but lack the necessary hardware can subscribe to #Binance's cloud #mining services and buy #hashrates for the purpose. The amount of processing power needed to verify and validate Bitcoin transactions across the #blockchain is known as hashrate.
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What do you feel?