Binance Square
LIVE
LIVE
Blockchain Tycoon
--ใƒป237 views
๐Ÿšจ๐—ง๐—ต๐—ฒ ๐—จ๐—ฝ๐—ฐ๐—ผ๐—บ๐—ถ๐—ป๐—ด ๐Ÿญ๐Ÿฌ๐Ÿฌ๐˜… ๐—–๐—ฟ๐˜†๐—ฝ๐˜๐—ผ ๐—ก๐—ฎ๐—ฟ๐—ฟ๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ช๐—ถ๐—น๐—น ๐—ฆ๐˜๐—ฎ๐—ฟ๐˜ ๐—ง๐—ผ๐—ฑ๐—ฎ๐˜† ๐Ÿšจย  ย  Hong Kong has approved its first Bitcoin and ETH ETFs today. ย  This is a massive boost for the crypto economy, as it'll help bring a huge amount of Chinese money into crypto. ย  As per some estimations, BTCโ€ฏโ€ฏโ€ฏ ETF could bring up to $25B in its first year. ย  Hong Kong approving BTC and ETH ETF will also bring a lot of attention to Chinese narrative tokens. ย  Last year, the crypto market had a Chinese coin season, but this time it will be much bigger. ย  Imagine mainstream media coverage, billions of dollars in inflow, and CT talking about it. ย  I'll be keeping a close eye on Chinese tokens and will suggest you do the same.$BTC #BinanceLaunchpool #bitcoinhalving #SHIB #BullorBear

๐Ÿšจ๐—ง๐—ต๐—ฒ ๐—จ๐—ฝ๐—ฐ๐—ผ๐—บ๐—ถ๐—ป๐—ด ๐Ÿญ๐Ÿฌ๐Ÿฌ๐˜… ๐—–๐—ฟ๐˜†๐—ฝ๐˜๐—ผ ๐—ก๐—ฎ๐—ฟ๐—ฟ๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ช๐—ถ๐—น๐—น ๐—ฆ๐˜๐—ฎ๐—ฟ๐˜ ๐—ง๐—ผ๐—ฑ๐—ฎ๐˜† ๐Ÿšจย 

ย 

Hong Kong has approved its first Bitcoin and ETH ETFs today.

ย 

This is a massive boost for the crypto economy, as it'll help bring a huge amount of Chinese money into crypto.

ย 

As per some estimations, BTCโ€ฏโ€ฏโ€ฏ ETF could bring up to $25B in its first year.

ย 

Hong Kong approving BTC and ETH ETF will also bring a lot of attention to Chinese narrative tokens.

ย 

Last year, the crypto market had a Chinese coin season, but this time it will be much bigger.

ย 

Imagine mainstream media coverage, billions of dollars in inflow, and CT talking about it.

ย 

I'll be keeping a close eye on Chinese tokens and will suggest you do the same.$BTC

#BinanceLaunchpool #bitcoinhalving #SHIB #BullorBear

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
0
Explore the lastest crypto news
โšก๏ธ Be a part of the latests discussions in crypto
๐Ÿ’ฌ Interact with your favorite creators
๐Ÿ‘ Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@thecryptodevil

Explore More From Creator

Altcoin Skyrockets 20% Amid Apple Partnership Speculation ๐Ÿš€๐Ÿ After a recent announcement from Japan's Prime Minister's Office, JasmyCoin (JASMY), often dubbed the "Bitcoin of Japan," has sparked a wave of excitement. During a video call with Prime Minister Kishida and Apple CEO Tim Cook yesterday, it was confirmed that Japan's My Number Card functionality will be supported on iPhones by next spring. Crypto Investors Eye Apple Collaboration๐Ÿ“ˆ This news has driven JASMY's market value up by 20% within 24 hours, propelling it to the 67th largest cryptocurrency by market capitalization. The altcoin's 24-hour trading volume surged by 400%, reaching $570 million. Despite months of speculation, there is no formal link between JasmyCoin and the Japanese government's My Number Card initiative. Investors are speculating based on Japan's digital strategy, which champions Web3 technologies like blockchain and IoT, areas where JasmyCoin plays a significant role. Founded in 2016 by former Sony executive Kazumasa Sato, JasmyCoin aims to secure IoT data transfers and storage. The coin could be integral to Japan's strategy focusing on the Metaverse and NFTs, integrating cutting-edge technology into everyday life. JasmyCoin's mission is to democratize data management and storage, allowing individuals to own their personal data securely. An erroneous article from Binance Square suggested a direct link between JASMY and the iPhone's My Number Card feature, further fueling speculation. However, no credible sources support this claim. In recent speeches, the Japanese Prime Minister has highlighted the importance of digital transformation and Web3 innovations for economic growth. Although JasmyCoin indirectly benefits from Japan's favorable stance on blockchain technology, no direct collaborations with government programs like the My Number Card have been confirmed. JASMY's recent market activity underscores the volatile nature of cryptocurrency markets, where rumors and expectations can significantly impact prices.$JASMY #StartInvestingInCrypto #Jasmyusdtโš ๏ธโš ๏ธ
--
Machine Learning Predicts June Surge for XRP ๐Ÿš€๐Ÿ“ˆ XRP has maintained a substantial following despite its lackluster performance in recent years. Predictions for this altcoin have ranged from highly optimistic to pessimistic, especially for the long term. However, CoinCodex's machine learning algorithm suggests a bullish trend for XRP in the near future. ๐Ÿ”ฎ June Forecast: 20% Increase in XRP As May ends and June begins, various market assumptions are in play. CoinCodexโ€™s algorithm predicts a positive outlook for XRP in June. Based on the current price, the one-month projection indicates that XRP could hit a maximum of $0.627709, a more than 20% increase. Despite a generally bearish sentiment, this bullish forecast has sparked investor interest. ๐Ÿ“ˆ Near-Term Projections The algorithm also predicts a significant price increase for XRP in the near term. Over the next five days, the price is expected to rise by almost 24%, potentially reaching $0.6448. ๐Ÿ’กInvestor Strategy The general sentiment towards XRP, as indicated by various metrics, remains bearish. However, this could be an opportunity for investors, following the adage "Buy when there is blood in the streets," meaning buying when most investors are pessimistic. โš–๏ธ SEC Approval Anticipation Confidence in XRP is partly driven by the anticipation that the U.S. Securities and Exchange Commission (SEC) might soon approve a Spot ETF for the cryptocurrency. With the SEC having approved Spot Ethereum ETFs, the debate over Ethereumโ€™s security status seems resolved. Many industry experts believe that XRP, currently in a legal dispute with the SEC over its security status, could also gain approval for a Spot ETF. Ripple CEO Brad Garlinghouse, at the Consensus 2024 Conference, expressed optimism that Solana, XRP, and Cardano might get SEC approval to be traded as ETFs. ๐Ÿ”’ Current Price Struggles As of now, XRP is struggling to break through the $0.52 resistance level and turn it into support. It has declined by 2.47% over the past week and is trading at $0.518.$XRP #StartInvestingInCrypto
--
Massive DOGE Spending: Whales Drop 700 Million DOGE Shopping ๐Ÿ‹๐Ÿ’ธ ๐Ÿ•DOGE Whales Go on a Buying Spree On-chain data reveals that Dogecoin whales have been net buyers in the past three days. ๐Ÿ“ˆ Increase in Whales' DOGE Holdings Dogecoin whales have accumulated a significant amount recently. The analytics firm Santiment tracks Dogecoin supply through its "Supply Distribution," which monitors the total DOGE held by various wallet groups. These groups are categorized based on their coin balances. For instance, the 1 to 10 coins category includes all addresses holding 1 to 10 DOGE. Supply Distribution measures the total supply held by investors within these categories. ๐Ÿ’ก Bitcoin-Gold Correlation: Implications In the context of DOGE, โ€œwhalesโ€ refers to holders with 100 million to 1 billion DOGE. At current rates, this range is equivalent to $16.1 million to $161 million. ๐Ÿ‹Significance of Whales Whales are pivotal due to their large holdings. Their supply trends can be indicative of market moves. ๐Ÿ“ŠRecent Whale Activity The chart indicates that Dogecoin whales have significantly increased their holdings. In the past three days alone, they have acquired 700 million DOGE, approximately worth $113 million. This buying spree happened amidst a slight dip in Bitcoin's price, suggesting these investors see the current DOGE price as an attractive entry point. Such interest from big investors is generally seen as a positive sign. ๐Ÿ”—Related: PEPE Drops 15%, Falls Out of Top 20 Cryptos The recent whale purchases have raised this group's total holdings to 30.91 billion DOGE, meaning whales now control 21.4% of the meme coin's circulation. ๐Ÿ•DOGE vs. SHIB Whale Activity While DOGE whale purchasing is on the rise, the same cannot be said for SHIB. According to another post by Ali, centralized exchanges have received $103 million in SHIB recently, which could indicate selling pressure from Shiba Inu whales.$DOGE #Megadrop #dogeโšก #altcoins #memecoins2024 #StartInvestingInCrypto
--
๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ Critical Market Update ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ 1๏ธโƒฃ JASMY, PEOPLE, and HIGH Analysis ๐Ÿ“Š๐Ÿ“ˆ๐Ÿ“‰ - Let's dive into the latest trends for JASMY, PEOPLE, and HIGH. Each currency is showing varying degrees of bullish and bearish behavior. - JASMY has seen a significant rise at the start of the month. It hit a strong resistance at 0.035000 and with the 4H closing in, it approached the second resistance level of 0.038500, marking it as a prime selling zone. Price fluctuations are expected to lead to a correction towards 0.032000, potentially down to 0.031500. The RSI 4H shows a negative divergence, indicating a possible decline. Long-term, JASMY may correct to 0.027500, with immediate support around 0.030000 and strong support between 0.029800 and 0.029300. 2๏ธโƒฃ PEOPLE is showing positive signals with a daily close ๐Ÿ“ˆ. Positioned in support areas, a rebound from 0.08250 is likely, with further support at 0.08080. However, a break below 0.07800 would be very negative for PEOPLE. The H4 RSI is positive, suggesting a high chance of breaking through 0.08780 and reaching 0.09500. Any breach should lead to a strong rise followed by a swift correction. 3๏ธโƒฃ HIGH remains robust ๐Ÿ“ˆ๐Ÿ’ช, but the RSI indicator suggests a negative outlook. When analyzing the RSI against the price chart, a divergence is evident, which typically indicates a potential reversal or correction. Stay tuned for more updates and trade wisely! ๐Ÿš€๐Ÿ’ฐ #Megadrop #StartInvestingInCrypto #altcoins
--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs