LIVEOwaisAminOwais
@professorxchopper
Open your eyes to the world of digital currency, it’s unlike anything you’ve seen before 💰
Following
Followers
Liked
Shared
Trump Survives Second Attack Just Hours before Crypto Launch 💸
The FBI has launched an investigation, labeling the event an apparent assassination attempt. This comes just months after a previous attempt on Trump’s life during a rally in Pennsylvania in July when a bullet grazed his ear. The ongoing security concerns have raised questions about the safety of political candidates, with Trump still actively campaigning for the 2024 election. In a message to his supporters, Trump reassured everyone of his safety, stating, “There were gunshots in my vicinity, but before rumors start spiraling out of control, I wanted you to hear this first: I AM SAFE AND WELL! Nothing will slow me down. I will NEVER SURRENDER!”
The White House quickly responded, with President Joe Biden and Vice President Kamala Harris being briefed on the situation. “They are relieved to know he is safe,” a White House spokesperson said.
Despite the threat, Trump’s campaign headquarters remains operational, albeit under lockdown following the incident. Trump’s resolve to push forward with his political ambitions appears stronger than ever, as Senator Lindsey Graham noted, “He’s in good spirits and more resolved than ever to save our country.”
As the FBI continues its investigation, this event has added tension to Trump’s political aspirations and his son’s impending crypto platform launch, raising questions about what comes next.
#BinanceLaunchpoolHMSTR #NeiroOnBinance #BinanceTurns7
The FBI has launched an investigation, labeling the event an apparent assassination attempt. This comes just months after a previous attempt on Trump’s life during a rally in Pennsylvania in July when a bullet grazed his ear. The ongoing security concerns have raised questions about the safety of political candidates, with Trump still actively campaigning for the 2024 election. In a message to his supporters, Trump reassured everyone of his safety, stating, “There were gunshots in my vicinity, but before rumors start spiraling out of control, I wanted you to hear this first: I AM SAFE AND WELL! Nothing will slow me down. I will NEVER SURRENDER!”
The White House quickly responded, with President Joe Biden and Vice President Kamala Harris being briefed on the situation. “They are relieved to know he is safe,” a White House spokesperson said.
Despite the threat, Trump’s campaign headquarters remains operational, albeit under lockdown following the incident. Trump’s resolve to push forward with his political ambitions appears stronger than ever, as Senator Lindsey Graham noted, “He’s in good spirits and more resolved than ever to save our country.”
As the FBI continues its investigation, this event has added tension to Trump’s political aspirations and his son’s impending crypto platform launch, raising questions about what comes next.
#BinanceLaunchpoolHMSTR #NeiroOnBinance #BinanceTurns7
A return to $50K? 5 Things to know in Bitcoin this week
$BTC has been lacking momentum this week as BTC price predictions increasingly see the market heading lower.After a promising weekend turned sour into the weekly close, Bitcoin is offering little inspiration to traders already tired of rangebound moves. The sentiment is sour, and while stocks have recovered from their flash crash at the start of August, crypto has yet to do likewise. Bitcoin gave up its weekend gains into the Aug. 18 weekly close — an all-too-familiar sequence of events for traders, who traditionally caution over “out of hours” market moves. The Asia trading session nonetheless offered little hope to bulls, with BTC/USD trading at around $58,650 at the time of writing, per data from Cointelegraph Markets Pro and TradingView.
CrypNuevo warned of a potential “fakeout” to the upside before price returns lower over the coming days.
This week, risk-asset traders are focused on the US Federal Reserve’s Jackson Hole symposium as markets demand cues on handling inflation. The annual event will feature a speech from Powell on Aug. 23, and market observers will be keenly analyzing his language for confirmation of future policy easing. The latest data from CME Group’s FedWatch Tool maintains a 100% chance of a cut occurring in some form, with 71.5% odds of this coming in at 25 basis points.
Bitcoin sentiment is firmly “bearish” thanks to price returning below a key long-term trend line, some of the latest analysis concludes. The latest data from the Crypto Fear & Greed Index meanwhile puts the average mood among crypto investors as just three points off “extreme fear,” measuring 28/100.
#professorxchopper #Write2Earn! #PowellAtJacksonHole
$BTC has been lacking momentum this week as BTC price predictions increasingly see the market heading lower.After a promising weekend turned sour into the weekly close, Bitcoin is offering little inspiration to traders already tired of rangebound moves. The sentiment is sour, and while stocks have recovered from their flash crash at the start of August, crypto has yet to do likewise. Bitcoin gave up its weekend gains into the Aug. 18 weekly close — an all-too-familiar sequence of events for traders, who traditionally caution over “out of hours” market moves. The Asia trading session nonetheless offered little hope to bulls, with BTC/USD trading at around $58,650 at the time of writing, per data from Cointelegraph Markets Pro and TradingView.
CrypNuevo warned of a potential “fakeout” to the upside before price returns lower over the coming days.
This week, risk-asset traders are focused on the US Federal Reserve’s Jackson Hole symposium as markets demand cues on handling inflation. The annual event will feature a speech from Powell on Aug. 23, and market observers will be keenly analyzing his language for confirmation of future policy easing. The latest data from CME Group’s FedWatch Tool maintains a 100% chance of a cut occurring in some form, with 71.5% odds of this coming in at 25 basis points.
Bitcoin sentiment is firmly “bearish” thanks to price returning below a key long-term trend line, some of the latest analysis concludes. The latest data from the Crypto Fear & Greed Index meanwhile puts the average mood among crypto investors as just three points off “extreme fear,” measuring 28/100.
#professorxchopper #Write2Earn! #PowellAtJacksonHole
Bitcoin Encounters First Support Level Amid Short-Term Decline 📉
Bitcoin ($BTC ) is currently encountering its first significant support level following a short-term decline, according to data from CryptoQuant. This development coincides with notable liquidations in the market. It also provides valuable insights into the prevailing sentiment among traders. The BTC Longs/Shorts Liquidated Delta is an indicator presented on CryptoQuant that denotes the disparity between liquidated long and short positions on Bitcoin. This metric gives important information of the market trend as to which side is more dominant, longs which mean the bearish side or shorts which represent the bullish side.Analyzing data that have been prepared in the recent past provides several observations worth noting. Bitcoin has retested the start of the first long liquidation region, which is around the $58,250 mark where further stabilization occurred. This stabilization might point at the fact that the market is finding some support at this price level. It indicates that there are some traders who are waiting for this level to enter the market after the downward movement observed over the recent past.
Similarly, funding rates that calculate the cost of being long or short have risen to a slightly negative value, around -0. 00%. Negative funding rate means that retail traders are more willing to open short positions meaning that they think that Bitcoin price may well go lower. These factors create a somewhat complex picture of the current state of the market. From one side, the consolidation around the $58,250 support level may indicate there is a base created for the recent sell-off. Nevertheless, the negative funding rate as well as the rise of interest in short positions means that many traders continue to look for a drop in the Bitcoin price.
#professorxchopper #CryptoMarketMoves #Write2Earn!
Bitcoin ($BTC ) is currently encountering its first significant support level following a short-term decline, according to data from CryptoQuant. This development coincides with notable liquidations in the market. It also provides valuable insights into the prevailing sentiment among traders. The BTC Longs/Shorts Liquidated Delta is an indicator presented on CryptoQuant that denotes the disparity between liquidated long and short positions on Bitcoin. This metric gives important information of the market trend as to which side is more dominant, longs which mean the bearish side or shorts which represent the bullish side.Analyzing data that have been prepared in the recent past provides several observations worth noting. Bitcoin has retested the start of the first long liquidation region, which is around the $58,250 mark where further stabilization occurred. This stabilization might point at the fact that the market is finding some support at this price level. It indicates that there are some traders who are waiting for this level to enter the market after the downward movement observed over the recent past.
Similarly, funding rates that calculate the cost of being long or short have risen to a slightly negative value, around -0. 00%. Negative funding rate means that retail traders are more willing to open short positions meaning that they think that Bitcoin price may well go lower. These factors create a somewhat complex picture of the current state of the market. From one side, the consolidation around the $58,250 support level may indicate there is a base created for the recent sell-off. Nevertheless, the negative funding rate as well as the rise of interest in short positions means that many traders continue to look for a drop in the Bitcoin price.
#professorxchopper #CryptoMarketMoves #Write2Earn!
Elon Musk and Trump Interview: Were Cryptocurrencies Discussed ?
The highly anticipated Elon Musk and Donald Trump interview, which took place on Monday, had caused great expectations in the cryptocurrency world. Since it is known that both Elon Musk and Donald Trump have close ties to the cryptocurrencies, it was expected that these topics would be touched upon in the interview. However, nothing was discussed about Bitcoin and cryptocurrencies in the interview. Instead, the duo discussed topics such as inflation, trade, nuclear energy, power and education.
Although the Elon Musk and Donald Trump interview was highly anticipated in the crypto world, it was disappointing that there was no discussion on the subject. Instead, issues such as economy, inflation and bureaucracy came to the fore. Another notable topic was Musk and Trump’s future collaboration, especially Musk’s possible role in the Trump administration. This interview was recorded as an important moment in terms of giving clues about the direction the relationship between Musk and Trump will take.
#professorxchopper #Write2Earn! #CryptoMarketMoves
The highly anticipated Elon Musk and Donald Trump interview, which took place on Monday, had caused great expectations in the cryptocurrency world. Since it is known that both Elon Musk and Donald Trump have close ties to the cryptocurrencies, it was expected that these topics would be touched upon in the interview. However, nothing was discussed about Bitcoin and cryptocurrencies in the interview. Instead, the duo discussed topics such as inflation, trade, nuclear energy, power and education.
Although the Elon Musk and Donald Trump interview was highly anticipated in the crypto world, it was disappointing that there was no discussion on the subject. Instead, issues such as economy, inflation and bureaucracy came to the fore. Another notable topic was Musk and Trump’s future collaboration, especially Musk’s possible role in the Trump administration. This interview was recorded as an important moment in terms of giving clues about the direction the relationship between Musk and Trump will take.
#professorxchopper #Write2Earn! #CryptoMarketMoves
BTC Price Fails to Reclaim $60K, WIF Dumps 5% Daily (Market Watch)
After the highly volatile and painful start of the previous business week, bitcoin started to recover some of the recently lost ground and jumped from under $49,500 (on Monday) to almost $63,000 by Friday. However, it failed to maintain its run and started to lose value gradually.The weekend was a lot less eventful than the previous one, and BTC stood primarily at around $61,000. Once Monday arrived, though, the bears came out of the woods again and pushed the cryptocurrency south to just under $58,000.Nevertheless, the massive crash from the previous Monday didn’t transpire, and bitcoin started to recover some ground. In fact, it even surpassed $60,000 but was once again stopped there and pushed back down to its current position of around $59,000.Its market capitalization has increased slightly to just under $1.170 trillion, while its dominance over the alts is at 53.6%.
Ethereum and Binance Coin are among the few altcoins in the green today. Both assets are up by around 2% to $2,640 and $520, respectively. In contrast, SOL, XRP, ADA, TRX, AVAX, SHIB, and DOT have all charted insignificant losses.SATS has gained the most from the top 100 alts, having surged by 18% in the past day. In contrast, TAO and WIF have lost the most value. The former is down by 6%, while the popular meme coin has declined by 5%.The cumulative market capitalization of all crypto assets has added under $20 billion since yesterday and is just shy of $2.180 trillion.
#professorxchopper #CryptoMarketMoves #MarketDownturn
After the highly volatile and painful start of the previous business week, bitcoin started to recover some of the recently lost ground and jumped from under $49,500 (on Monday) to almost $63,000 by Friday. However, it failed to maintain its run and started to lose value gradually.The weekend was a lot less eventful than the previous one, and BTC stood primarily at around $61,000. Once Monday arrived, though, the bears came out of the woods again and pushed the cryptocurrency south to just under $58,000.Nevertheless, the massive crash from the previous Monday didn’t transpire, and bitcoin started to recover some ground. In fact, it even surpassed $60,000 but was once again stopped there and pushed back down to its current position of around $59,000.Its market capitalization has increased slightly to just under $1.170 trillion, while its dominance over the alts is at 53.6%.
Ethereum and Binance Coin are among the few altcoins in the green today. Both assets are up by around 2% to $2,640 and $520, respectively. In contrast, SOL, XRP, ADA, TRX, AVAX, SHIB, and DOT have all charted insignificant losses.SATS has gained the most from the top 100 alts, having surged by 18% in the past day. In contrast, TAO and WIF have lost the most value. The former is down by 6%, while the popular meme coin has declined by 5%.The cumulative market capitalization of all crypto assets has added under $20 billion since yesterday and is just shy of $2.180 trillion.
#professorxchopper #CryptoMarketMoves #MarketDownturn
Binance Plans System Upgrade on August 14
The leading bitcoin exchange worldwide, Binance, has announced a forthcoming update to its spot and margin trading system. Set for August 14, 2024, the upgrade is projected to run for about one hour and start at 06:00 AM (UTC). Part of Binance’s continuous dedication to providing its customers with better trading experiences by maximizing performance, boosting dependability, and including fresh features to satisfy the changing needs of the worldwide trading community is this system improvement.
▫️What will be its impact on trading activities❔
All spot and margin trading activity will be momentarily stopped during the upgrade. This covers margin account transfers, order cancellations, and placements. Before the planned outage, Binance has recommended that consumers check their trading positions and make any required changes to help prevent possible interruptions.To prevent any liquidations during the maintenance period, users are also advised to keep a close eye on their margin positions and think about boosting margin if needed. Once the upgrade is finished and regular trading can start, Binance will let users know. The improvement is meant to increase Binance’s trading systems’ general security and efficiency. The upgrade will guarantee that Binance stays at the forefront of technological innovation in the digital asset market.
According to Binance, this update is absolutely essential for its long-term plan to provide a world-class trading platform capable of managing the rising transaction volume and complexity.
#professorxchopper #BinanceSquareFamily #Write2Earn!
The leading bitcoin exchange worldwide, Binance, has announced a forthcoming update to its spot and margin trading system. Set for August 14, 2024, the upgrade is projected to run for about one hour and start at 06:00 AM (UTC). Part of Binance’s continuous dedication to providing its customers with better trading experiences by maximizing performance, boosting dependability, and including fresh features to satisfy the changing needs of the worldwide trading community is this system improvement.
▫️What will be its impact on trading activities❔
All spot and margin trading activity will be momentarily stopped during the upgrade. This covers margin account transfers, order cancellations, and placements. Before the planned outage, Binance has recommended that consumers check their trading positions and make any required changes to help prevent possible interruptions.To prevent any liquidations during the maintenance period, users are also advised to keep a close eye on their margin positions and think about boosting margin if needed. Once the upgrade is finished and regular trading can start, Binance will let users know. The improvement is meant to increase Binance’s trading systems’ general security and efficiency. The upgrade will guarantee that Binance stays at the forefront of technological innovation in the digital asset market.
According to Binance, this update is absolutely essential for its long-term plan to provide a world-class trading platform capable of managing the rising transaction volume and complexity.
#professorxchopper #BinanceSquareFamily #Write2Earn!
Why is Bitcoin price volatile today? 📉
On Aug. 12, $BTC dropped to $57,653, bringing its 24-hour losses to 2%, as traders positioned themselves ahead of a busy week filled with macroeconomic data. The bullish momentum that propelled BTC above $60,000 at the end of last week is in question as bears and bulls fight to control the price.
Let’s look at the factors affecting Bitcoin price today.
▫️ Traders feel unsure about US inflation figures ;
Following the market volatility experienced during the week ending Aug. 11, this week’s US Consumer Price Index (CPI) and Producer Price Index (PPI) prints are expected to reveal the latitude the Federal Reserve has to meet pumped-up expectations around its first interest rate cut in September.The CPI is expected to continue falling, which should empower the Fed to consider the all-important rate cut. Macro market events tend to move crypto prices as they reveal the general state of the economy.
▫️ Bitcoin price has been a “roller coaster” ;
After a relatively calm weekend, Bitcoin’s price action remained flat during the early Asian trading sessions and part of the European session on Aug. 12, oscillating between $58,130 and $59,000. The price then jumped suddenly from $58,140 to $60,000 in less than two hours before rapidly undoing all these gains just before the start of the New York session.The price then jumped up again on the Wall Street opening, rising 5% from a low of $57,834 to set a swing high at $60,700.
▫️ Bitcoin liquidations ramp up ;
A sharp movement in the Bitcoin futures market appears to have caused BTC’s price volatility over the last 12 hours. The timing of the short liquidations coincided with the sharp rise in the price of the pioneer cryptocurrency.Data from Coinglass shows that more than $20.16 million in BTC short positions have been liquidated over the last 12 hours. The total liquidations across the crypto market amounted to $112.20 million, with $61.84 million being short liquidations in the same period.
#professorxchopper #Write2Earn! #MarketDownturn
On Aug. 12, $BTC dropped to $57,653, bringing its 24-hour losses to 2%, as traders positioned themselves ahead of a busy week filled with macroeconomic data. The bullish momentum that propelled BTC above $60,000 at the end of last week is in question as bears and bulls fight to control the price.
Let’s look at the factors affecting Bitcoin price today.
▫️ Traders feel unsure about US inflation figures ;
Following the market volatility experienced during the week ending Aug. 11, this week’s US Consumer Price Index (CPI) and Producer Price Index (PPI) prints are expected to reveal the latitude the Federal Reserve has to meet pumped-up expectations around its first interest rate cut in September.The CPI is expected to continue falling, which should empower the Fed to consider the all-important rate cut. Macro market events tend to move crypto prices as they reveal the general state of the economy.
▫️ Bitcoin price has been a “roller coaster” ;
After a relatively calm weekend, Bitcoin’s price action remained flat during the early Asian trading sessions and part of the European session on Aug. 12, oscillating between $58,130 and $59,000. The price then jumped suddenly from $58,140 to $60,000 in less than two hours before rapidly undoing all these gains just before the start of the New York session.The price then jumped up again on the Wall Street opening, rising 5% from a low of $57,834 to set a swing high at $60,700.
▫️ Bitcoin liquidations ramp up ;
A sharp movement in the Bitcoin futures market appears to have caused BTC’s price volatility over the last 12 hours. The timing of the short liquidations coincided with the sharp rise in the price of the pioneer cryptocurrency.Data from Coinglass shows that more than $20.16 million in BTC short positions have been liquidated over the last 12 hours. The total liquidations across the crypto market amounted to $112.20 million, with $61.84 million being short liquidations in the same period.
#professorxchopper #Write2Earn! #MarketDownturn
Investors Pull Back from BNB, Fear Extended Decline Ahead
According to CoinShares’ latest report, digital asset investment products saw inflows worth $176 million. This increase suggests that investors saw last Monday’s crash as an opportunity to accumulate at discount prices. While Bitcoin ($BTC ), Ethereum ($ETH ), and Solana ($SOL ) saw notable inflows, BNB was the only top-5 coin to experience an outflow. Specifically, Binance Coin recorded outflows totaling $1.2 million. This decline could be linked to BNB’s price action. During the flash crash, the coin’s value dropped to $404.30, causing panic among investors and spreading doubt about the cryptocurrency’s potential.
BNB ecosystem is experiencing a significant decline in development activity, a key metric for assessing a blockchain’s health and valuation.This metric indicates whether a project is experiencing growth and smart contract deployment. An increase in development activity suggests that developers are rolling out new features, which can potentially drive user adoption of the blockchain.
Current position means that BNB is undergoing a bearish trend. Suppose this remains the same; BNB’s price may decrease to $479.10. However, if bulls retrieve dominance from bears, the value of the coin may jump to $526.
#MarketDownturn #professorxchopper #Write2Earn!
According to CoinShares’ latest report, digital asset investment products saw inflows worth $176 million. This increase suggests that investors saw last Monday’s crash as an opportunity to accumulate at discount prices. While Bitcoin ($BTC ), Ethereum ($ETH ), and Solana ($SOL ) saw notable inflows, BNB was the only top-5 coin to experience an outflow. Specifically, Binance Coin recorded outflows totaling $1.2 million. This decline could be linked to BNB’s price action. During the flash crash, the coin’s value dropped to $404.30, causing panic among investors and spreading doubt about the cryptocurrency’s potential.
BNB ecosystem is experiencing a significant decline in development activity, a key metric for assessing a blockchain’s health and valuation.This metric indicates whether a project is experiencing growth and smart contract deployment. An increase in development activity suggests that developers are rolling out new features, which can potentially drive user adoption of the blockchain.
Current position means that BNB is undergoing a bearish trend. Suppose this remains the same; BNB’s price may decrease to $479.10. However, if bulls retrieve dominance from bears, the value of the coin may jump to $526.
#MarketDownturn #professorxchopper #Write2Earn!
See original
This is how it is 💰
LIVEMr Bob
--
Back in 2013, a friend and I were watching the prices rise and decided that at $200 a piece, Bitcoin looks like a good buy - we’ve decided to “invest” a few thousand shekels into it. At the time it was difficult to acquire Bitcoin - you couldn’t just get some with a credit card. There were various creative and tricky ways to obtain “digital gold” but most were either too complicated or took too long.
The easiest, most straightforward way was through “dealers” - simply buying ‘coins for cash.
Through a mutual acquittance we’ve received contact details for a prime Bitcoin “dealer” in our area. We were told that the guy is very private and won’t just sell to anybody. We had to be introduced and meet in a designated location for the transaction. I’ve gotta admit, this sounded really fishy. I couldn’t help but see the parallels between our situations and a drug deal.
Still, we’ve decided to risk it. We contacted the guy via email and quickly agreed on an amount, meeting time and location. So, my friend and I took out some cash, a laptop, and drove to the designated meeting location in order to carry out the exchange.
When we got there (it was a cafe), we had to wait for about 20 minutes until the guy showed up. We were sitting there, cash on hand, nervous for what’s about to happen… Well, whaddaya know? The big bad “dealer” we were nervous to meet was this 13 year old kid sitting on a Bitcoin stockpile that he mined a couple of years earlier when it was easy. We’ve ended up sharing a a drink, making the exchange and laughing at the absurdity of the situation.
That kid made some serious dough - I wonder what he’s up to today…
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
The easiest, most straightforward way was through “dealers” - simply buying ‘coins for cash.
Through a mutual acquittance we’ve received contact details for a prime Bitcoin “dealer” in our area. We were told that the guy is very private and won’t just sell to anybody. We had to be introduced and meet in a designated location for the transaction. I’ve gotta admit, this sounded really fishy. I couldn’t help but see the parallels between our situations and a drug deal.
Still, we’ve decided to risk it. We contacted the guy via email and quickly agreed on an amount, meeting time and location. So, my friend and I took out some cash, a laptop, and drove to the designated meeting location in order to carry out the exchange.
When we got there (it was a cafe), we had to wait for about 20 minutes until the guy showed up. We were sitting there, cash on hand, nervous for what’s about to happen… Well, whaddaya know? The big bad “dealer” we were nervous to meet was this 13 year old kid sitting on a Bitcoin stockpile that he mined a couple of years earlier when it was easy. We’ve ended up sharing a a drink, making the exchange and laughing at the absurdity of the situation.
That kid made some serious dough - I wonder what he’s up to today…
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity
➖ On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity.
However, technical indicators suggest ongoing challenges in breaking through key resistance
levels, hinting at a bearish trend across various timeframes.
➖ Moving averages (MAs) across multiple timeframes reflect a bearish outlook, with the exponential and simple moving averages (EMAs and SMAs) across 20 to 200 periods indicating a sell. The 10-period simple moving average, showing a buy signal, provides some optimism, but the overall trend remains negative, emphasizing the challenges ethereum faces in the near term.
🔺 Despite the prevailing bearish signals, Ethereum’s ability to hold above the $2,600 level and the recent short-term recovery hints at potential bullish opportunities. If the price breaks and sustains above $2,700 with strong volume, it could signal the beginning of a rebound, with targets toward $2,800 or higher. Momentum indicators, particularly the simple moving average (10), provide some support for this optimistic outlook.
#MarketDownturn #professorxchopper #BinanceTurns7
➖ On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity.
However, technical indicators suggest ongoing challenges in breaking through key resistance
levels, hinting at a bearish trend across various timeframes.
➖ Moving averages (MAs) across multiple timeframes reflect a bearish outlook, with the exponential and simple moving averages (EMAs and SMAs) across 20 to 200 periods indicating a sell. The 10-period simple moving average, showing a buy signal, provides some optimism, but the overall trend remains negative, emphasizing the challenges ethereum faces in the near term.
🔺 Despite the prevailing bearish signals, Ethereum’s ability to hold above the $2,600 level and the recent short-term recovery hints at potential bullish opportunities. If the price breaks and sustains above $2,700 with strong volume, it could signal the beginning of a rebound, with targets toward $2,800 or higher. Momentum indicators, particularly the simple moving average (10), provide some support for this optimistic outlook.
#MarketDownturn #professorxchopper #BinanceTurns7
Top 3 Bitcoin, Ethereum, Ripple Price Analysis:
BTC Faces Downside Risks, ETH and XRP Rebound,
Bitcoin ($BTC ) price commenced the week with a minor dip below $58,000, raising concerns about its future performance. On the other hand, Ethereum ($ETH ) price climbed higher, ready to tackle the next key resistance alongside Ripple ($XRP ) price bullish outlook.
#CryptoMarketMoves #professorxchopper #MarketDownturn
BTC Faces Downside Risks, ETH and XRP Rebound,
Bitcoin ($BTC ) price commenced the week with a minor dip below $58,000, raising concerns about its future performance. On the other hand, Ethereum ($ETH ) price climbed higher, ready to tackle the next key resistance alongside Ripple ($XRP ) price bullish outlook.
#CryptoMarketMoves #professorxchopper #MarketDownturn
Toncoin Rally Thwarted As TON Slips To $6, Can Bulls Prevent A Bearish Breakdown?
Toncoin’s recent bullish momentum has faced a sudden reversal, as the cryptocurrency has slipped back to the critical $6 level. After showing promising signs of a rally, TON faced increased selling pressure, forcing it to retreat to this key support zone.
Currently, the price of $TON on the 4-hour chart is demonstrating a bullish comeback after hitting the $6 mark and is attempting to move above the 100-day Simple Moving Average (SMA) toward the $6.7 mark. This, therefore, suggests that the bulls are gradually gaining strength over the bears and could further drive the price higher. Additionally, an analysis of the 4-hour Relative Strength Index (RSI) shows that the signal line of the indicator after a successful drop below 50%, is currently rising again toward it, suggesting that buying pressure is increasing and the asset might experience further upward movement. On the 1-day chart, although Toncoin is still trading below the 100-day SMA, the price is currently attempting an upward move toward the $6.7 resistance level after a bullish rejection at $6, which means that the bulls are currently gaining control and could potentially push the price higher.
Finally, on the 1-day chart, the RSI signal line is attempting a climb above 50% from the oversold zone, indicating growing bullish momentum for the cryptocurrency.
If there is a bearish takeover and TON’s price breaks below the $6 mark, the cryptocurrency may continue to decline toward the $4.6 support mark. Should the price fall below this support, it could drop further to test the $3.3 support level and continue to lower support ranges on the chart if the $3.3 price target is breached.
#professorxchopper #Write2Earn! #MarketDownturn
Toncoin’s recent bullish momentum has faced a sudden reversal, as the cryptocurrency has slipped back to the critical $6 level. After showing promising signs of a rally, TON faced increased selling pressure, forcing it to retreat to this key support zone.
Currently, the price of $TON on the 4-hour chart is demonstrating a bullish comeback after hitting the $6 mark and is attempting to move above the 100-day Simple Moving Average (SMA) toward the $6.7 mark. This, therefore, suggests that the bulls are gradually gaining strength over the bears and could further drive the price higher. Additionally, an analysis of the 4-hour Relative Strength Index (RSI) shows that the signal line of the indicator after a successful drop below 50%, is currently rising again toward it, suggesting that buying pressure is increasing and the asset might experience further upward movement. On the 1-day chart, although Toncoin is still trading below the 100-day SMA, the price is currently attempting an upward move toward the $6.7 resistance level after a bullish rejection at $6, which means that the bulls are currently gaining control and could potentially push the price higher.
Finally, on the 1-day chart, the RSI signal line is attempting a climb above 50% from the oversold zone, indicating growing bullish momentum for the cryptocurrency.
If there is a bearish takeover and TON’s price breaks below the $6 mark, the cryptocurrency may continue to decline toward the $4.6 support mark. Should the price fall below this support, it could drop further to test the $3.3 support level and continue to lower support ranges on the chart if the $3.3 price target is breached.
#professorxchopper #Write2Earn! #MarketDownturn
💰 Bitcoin price 12 Months after each halving event :
2012 HALVING - $182
12 Months later- $510
2026 HALVING- $661
12 Months later- $2,600
2020 HALVING- $8,600
12 Months later- $58,000
2024 HALVING-$63,870
12 months later- _?
2012 HALVING - $182
12 Months later- $510
2026 HALVING- $661
12 Months later- $2,600
2020 HALVING- $8,600
12 Months later- $58,000
2024 HALVING-$63,870
12 months later- _?
Here’s what happened in crypto today 📑
🔺 Bitcoin price drops below $59,000 as institutions stop buying stablecoins
Institutional investors have halted their accumulation of stablecoins over the past two days, causing Bitcoin’s price to drop below a key psychological level. During the past 24 hours, the Bitcoin price fell 3.9% to trade at $58,930 as of 08:03 am UTC on Aug. 12, falling from a weekly high of $62,510. The lack of institutional stablecoin inflows to crypto exchanges can signal a lack of buying pressure and investor appetite for the underlying asset, as stablecoins are the main on-ramp from the fiat to the crypto world used by investors.
🔺 Crypto user fat fingers $90,000 fee for a $2,000 ETH transfer
An unknown crypto user appears to have accidentally spent $90,000 in gas fees in what should’ve been a simple transfer of $2,200 in Ether.
The user spent 34.26 Ether worth $89,200 at current prices — in gas to transfer 0.87 ETH, worth just $2,262, according to Etherscan data cited in an Aug. 11 post to X by pseudonymous user DeFiac.
🔺 Hashdex crypto ETF decision postponed
According to an Aug. 9 regulatory filing, US regulators have postponed their decision on whether to approve the listing of the Hashdex Nasdaq Crypto Index ETF — a portfolio that includes ten of the largest crypto assets, including Bitcoin and Ether. The ETF proposal is significant because, if approved, it would become the first diversified spot crypto fund trading on US markets. It would also become the first spot US ETF to hold altcoins, including Litecoin, Chainlink, Uniswap, and Filecoin.
#professorxchopper #Write2Earn! #update
🔺 Bitcoin price drops below $59,000 as institutions stop buying stablecoins
Institutional investors have halted their accumulation of stablecoins over the past two days, causing Bitcoin’s price to drop below a key psychological level. During the past 24 hours, the Bitcoin price fell 3.9% to trade at $58,930 as of 08:03 am UTC on Aug. 12, falling from a weekly high of $62,510. The lack of institutional stablecoin inflows to crypto exchanges can signal a lack of buying pressure and investor appetite for the underlying asset, as stablecoins are the main on-ramp from the fiat to the crypto world used by investors.
🔺 Crypto user fat fingers $90,000 fee for a $2,000 ETH transfer
An unknown crypto user appears to have accidentally spent $90,000 in gas fees in what should’ve been a simple transfer of $2,200 in Ether.
The user spent 34.26 Ether worth $89,200 at current prices — in gas to transfer 0.87 ETH, worth just $2,262, according to Etherscan data cited in an Aug. 11 post to X by pseudonymous user DeFiac.
🔺 Hashdex crypto ETF decision postponed
According to an Aug. 9 regulatory filing, US regulators have postponed their decision on whether to approve the listing of the Hashdex Nasdaq Crypto Index ETF — a portfolio that includes ten of the largest crypto assets, including Bitcoin and Ether. The ETF proposal is significant because, if approved, it would become the first diversified spot crypto fund trading on US markets. It would also become the first spot US ETF to hold altcoins, including Litecoin, Chainlink, Uniswap, and Filecoin.
#professorxchopper #Write2Earn! #update
Bitcoin price drops below $59K as institutions stop buying stablecoins 📉
Institutional investors have halted their accumulation of stablecoins over the past two days, causing Bitcoin’s price to drop below a key psychological level. During the past 24 hours, the $BTC price fell 3.9% to trade at $58,930 as of 08:03 am UTC on Aug. 12, falling from a weekly high of $62,510. The drop below the $60,000 mark was likely caused by institutions stopping their stablecoin buying frenzy, according to an Aug. 12 X post from onchain analytics platform Lookonchain:
“Institutions seem to have temporarily stopped buying, and the price of $BTC dropped 4.5% today! We noticed that institutions stopped receiving $USDT from #TetherTreasury and transferring it to exchanges 2 days ago.”
The lack of institutional stablecoin inflows to crypto exchanges can signal a lack of buying pressure and investor appetite for the underlying asset, as stablecoins are the main on-ramp from the fiat to the crypto world used by investors.
#professorxchopper #Write2Earn! #MarketDownturn
Institutional investors have halted their accumulation of stablecoins over the past two days, causing Bitcoin’s price to drop below a key psychological level. During the past 24 hours, the $BTC price fell 3.9% to trade at $58,930 as of 08:03 am UTC on Aug. 12, falling from a weekly high of $62,510. The drop below the $60,000 mark was likely caused by institutions stopping their stablecoin buying frenzy, according to an Aug. 12 X post from onchain analytics platform Lookonchain:
“Institutions seem to have temporarily stopped buying, and the price of $BTC dropped 4.5% today! We noticed that institutions stopped receiving $USDT from #TetherTreasury and transferring it to exchanges 2 days ago.”
The lack of institutional stablecoin inflows to crypto exchanges can signal a lack of buying pressure and investor appetite for the underlying asset, as stablecoins are the main on-ramp from the fiat to the crypto world used by investors.
#professorxchopper #Write2Earn! #MarketDownturn
Meta AI predicts XRP price for 2025
Notably, Meta’s advanced AI platform has offered a quite diverse potential XRP price range in 2025, “reflecting various expert opinions and predictions,” with those on the lower end suggesting a price target between $0.71 and $0.96 and the more optimistic ones suggesting a range between $0.80 and $4.12. In other words, the Meta AI chatbot expects the price of this crypto asset to grow by 23.93% to 67.56% in 2025 from its current situation – if the more bearish sentiment prevails or to continue increasing by 39.64% to a whopping 619.12% in a best-case scenario. Among the sources of information that Llama 3.1 used to draw its XRP price prediction is AMBCrypto, which suggests a price target of $1.33 by 2025, “based on the overall positive sentiment surrounding XRP in the long term, while analysts at Changelly have set a minimum price target at approximately $1.00.
Furthermore, as Meta AI observed:
“Coin Price Forecast anticipates Ripple’s price to reach $0.46 by the end of 2025. PricePrediction.Net shares a 2025 bullish outlook for XRP, projecting a potential high of $1.00. Margex’s technical analysts speculate that Ripple (XRP) could reach a maximum price of $4.00, possibly reading new all-time highs.”
For the time being, XRP is changing hands at the price of $0.57292, which indicates a 2.42% decline in the last 24 hours but a 23.20% gain across the previous seven days and an accumulated advance of 11.54% on its monthly chart, according to the latest data retrieved on August 12.
#professorxchopper #Write2Earn! #BinanceTurns7
Notably, Meta’s advanced AI platform has offered a quite diverse potential XRP price range in 2025, “reflecting various expert opinions and predictions,” with those on the lower end suggesting a price target between $0.71 and $0.96 and the more optimistic ones suggesting a range between $0.80 and $4.12. In other words, the Meta AI chatbot expects the price of this crypto asset to grow by 23.93% to 67.56% in 2025 from its current situation – if the more bearish sentiment prevails or to continue increasing by 39.64% to a whopping 619.12% in a best-case scenario. Among the sources of information that Llama 3.1 used to draw its XRP price prediction is AMBCrypto, which suggests a price target of $1.33 by 2025, “based on the overall positive sentiment surrounding XRP in the long term, while analysts at Changelly have set a minimum price target at approximately $1.00.
Furthermore, as Meta AI observed:
“Coin Price Forecast anticipates Ripple’s price to reach $0.46 by the end of 2025. PricePrediction.Net shares a 2025 bullish outlook for XRP, projecting a potential high of $1.00. Margex’s technical analysts speculate that Ripple (XRP) could reach a maximum price of $4.00, possibly reading new all-time highs.”
For the time being, XRP is changing hands at the price of $0.57292, which indicates a 2.42% decline in the last 24 hours but a 23.20% gain across the previous seven days and an accumulated advance of 11.54% on its monthly chart, according to the latest data retrieved on August 12.
#professorxchopper #Write2Earn! #BinanceTurns7
Here's when Bitcoin will hit $81,000, according to analyst 💰;
➖ With Bitcoin (BTC) seemingly regaining its bullish momentum, analysts indicate that if this trend continues over the coming weeks, the cryptocurrency could soon record another all-time high. This sentiment is echoed by a crypto analyst using the pseudonym Yoddha, who suggested in a post on X on August 9 that Bitcoin is poised to reach a record high of $81,000. According to Yoddha, Bitcoin’s price action has been nothing short of a rollercoaster over the past year. After reaching $65,000, the cryptocurrency experienced a sharp decline, dropping to a low of $49,000. Yoddha described this drop as a “liquidation hunt,” where large sell-offs trigger stop losses, leading to a cascade of selling and a temporary price dip.
Despite this setback, Bitcoin has since rebounded, returning to trade within its monthly range of above $60,000, which the analyst interprets as a sign of underlying bullish momentum.
➖ The analysis further highlights key levels that Bitcoin needs to overcome to continue its upward trend. Bitcoin is just below its yearly high, a crucial resistance level. The expert suggested that if Bitcoin closes August with strength, it could easily surpass $81,000. Beyond this mark, projections indicate that Bitcoin has the potential to reach as high as $244,890, though these are considered longer-term goals.
➖ Currently, Bitcoin is attempting to establish its price above the $60,000 support zone, having hit a daily high of $61,500. At the time of writing, the asset was trading at $60,677, having rallied over 1% in the last 24 hours, though it is down almost 2% on the weekly timeframe. Overall, based on the experts’ analysis, Bitcoin’s chances of claiming a new record high depend on its ability to maintain its price above the $60,000 support level.
#professorxchopper #Write2Earn! #BinanceTurns7
➖ With Bitcoin (BTC) seemingly regaining its bullish momentum, analysts indicate that if this trend continues over the coming weeks, the cryptocurrency could soon record another all-time high. This sentiment is echoed by a crypto analyst using the pseudonym Yoddha, who suggested in a post on X on August 9 that Bitcoin is poised to reach a record high of $81,000. According to Yoddha, Bitcoin’s price action has been nothing short of a rollercoaster over the past year. After reaching $65,000, the cryptocurrency experienced a sharp decline, dropping to a low of $49,000. Yoddha described this drop as a “liquidation hunt,” where large sell-offs trigger stop losses, leading to a cascade of selling and a temporary price dip.
Despite this setback, Bitcoin has since rebounded, returning to trade within its monthly range of above $60,000, which the analyst interprets as a sign of underlying bullish momentum.
➖ The analysis further highlights key levels that Bitcoin needs to overcome to continue its upward trend. Bitcoin is just below its yearly high, a crucial resistance level. The expert suggested that if Bitcoin closes August with strength, it could easily surpass $81,000. Beyond this mark, projections indicate that Bitcoin has the potential to reach as high as $244,890, though these are considered longer-term goals.
➖ Currently, Bitcoin is attempting to establish its price above the $60,000 support zone, having hit a daily high of $61,500. At the time of writing, the asset was trading at $60,677, having rallied over 1% in the last 24 hours, though it is down almost 2% on the weekly timeframe. Overall, based on the experts’ analysis, Bitcoin’s chances of claiming a new record high depend on its ability to maintain its price above the $60,000 support level.
#professorxchopper #Write2Earn! #BinanceTurns7
💥BREAKING: Harris continues gains against Trump.
If she gets elected the USA is doomed !
If she gets elected the USA is doomed !
The top-performing narrative of 2024 so far is memes.Memecoins have outperformed some of the most hyped narratives so far.They have more trading volume than most of the top 100 coins.
Fade memecoins at your own peril.
#professorxchopper #Write2Earn! #BinanceTurns7
Fade memecoins at your own peril.
#professorxchopper #Write2Earn! #BinanceTurns7
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
DODOEmpowersMemeIssuance
202,924 views
492 Posts
🔥🔥The Future of the DODO Ecosystem:🎉🎉
DODO's Product Features and Unique Use Cases
One-Click Token Issuance: This feature allows projects to create tokens quickly and easily on various blockchains, reducing the barriers to entry for new projects.
Pegged Pool: This feature allows users to create pools that are pegged to a specific asset, offering a more stable trading experience.
Meme Platform: The upcoming Meme platform will provide a dedicated space for meme-related activities, potentially attracting a large user base.
These features have a wide range of use cases, including:
Token Launch: Projects can use DODO's one-click token issuance to launch their tokens on multiple blockchains.
Liquidity Provision: Users can provide liquidity to various pools, earning fees in the process.
Stablecoin Trading: The Pegged Pool feature can be used to trade stablecoins with other assets.
The Meme Sector Boom and DODO's Potential
The booming meme sector presents a significant opportunity for DODO. Its multi-chain one-click token issuance feature and the upcoming Meme platform could attract a surge in traffic from projects and users in this space.
Supporting BTCFi Assets and Meme Coins
DODO's various features can play a crucial role in supporting the development of BTCFi assets and meme coins:
One-Click Token Issuance: Projects can use this feature to launch BTCFi assets and meme coins on different blockchains.
Self-Initiated Mining: Users can create mining pools for BTCFi assets and meme coins, providing liquidity to these markets.
Pegged Pool: The Pegged Pool feature can be used to create stablecoins pegged to BTC or other assets, which can be used in BTCFi applications.
DODO's Competitive Advantage
Compared to other DEXs, DODO's lower market cap and backing from top institutions give it a significant competitive advantage. Its smaller size means it has more room to grow, and the support of established institutions can provide it with access to resources and credibility.
#DODOEmpowersMemeIssuance
Rafi Dawar
4 Likes
2.1k views
BTCReboundsAfterFOMC
98,032 views
220 Posts
FOMC
24,459 views
22 Posts
