LIVELukasOnBlock
@Square-Creator-474a24683
Co-Founder of OnBlock Ventures & CryptoHolicVN. Binance & Fantom King
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SOL to $500
LIVEnanashi
--
Bullish
$SOL
It feels like it won’t fall any further, double bottom at 170, triple bottom?
As long as the weekly line can close around 185, forming a T-shape.
The bullish trend will be very strong.
If it really returns to 140, then the big cake will also return to more than 40,000 or 50,000.
This month, I think it’s impossible.
It feels like it won’t fall any further, double bottom at 170, triple bottom?
As long as the weekly line can close around 185, forming a T-shape.
The bullish trend will be very strong.
If it really returns to 140, then the big cake will also return to more than 40,000 or 50,000.
This month, I think it’s impossible.
$SOL to $1000
I don't make the rules
I don't make the rules
LIVE
Cointelegraph
--
One Year On: Top 3 Gainers After the 'FTX Crash Bottom'
It's been a year since the demise of the FTX exchange — an event that's now increasingly looking like it was the Bitcoin (BTC), which is up roughly 120% from a year ago.
In November 2022, the FTX collapse wiped nearly $300 billion off the market cap, impacting several cryptocurrencies. The ones that suffered the most were tokens with deep financial ties to FTX, including Solana (SOL), Serum (SRM), and the exchange's own token, FTX Token (FTT).
Crypto market capitalization daily price chart. Source: TradingView
But a year later, things have not only improved for BTC, but for most cryptocurrencies impacted by the FTX collapse.
Here are the top-gainers (from the top-30 by market capitalization) that would have yielded the biggest profit if bought in November 2022.
Solana up 660% from FTX crash bottom
Solana's price plummeted by over 50% to $8 after the FTX collapse. The selloff occurred primarily because FTX and its sister firm, Alameda Research, held about 55 million SOL, triggering fears of a dump to plug liquidity holes.
Nonetheless, buying SOL a year ago would have produced a profit of over 660% today.
Solana's gains have largely stemmed from an overall upside sentiment in the crypto market, led by hopes about a Spot Bitcoin ETF approval in the U.S. At the same time, SOL's price has also benefited from subsiding fears about a potential dump by FTX.
#FTXFTX has sold 6,986,554 $SOL in the past few weeks, for ~$280.2M $USD.They are completely OUT of unlocked $SOL.The only $SOL they have exposure to is locked up, most until 2027-2028, just in time to sell the bottom of the next bear market.#SOLANA can commence UP ONLY. pic.twitter.com/Qu2z843oxS
— Curb◎ (@CryptoCurb) November 14, 2023
FTX Token rival OKB is up 275%
OKX crypto exchange's token OKB was among the least-affected tokens by the FTX fiasco. Moreover, it has benefited greatly in terms of price after its top rival went bust.
Buying OKB at the FTX-led bottom of $17.20 a year ago would have yielded investors a 275% profit today.
OKB/USD weekly price chart. Source: TradingView
OKB's price gains were Binance's loss, and its token BNB (BNB) has underperformed the market significantly as the exchange faces legal pressure in the United States.
BNB has underperformed many of the top-30 cryptos over the past year, up only 16% from the FTX-bottom.
Chainlink
Chainlink (LINK) had fallen by up to 40% following the FTX collapse. But its lower exposure to the crypto exchange, coupled with development updates, has resulted in a sharp price recovery since the event.
Notably, buying LINK in November 2022 at $5.68 would have produced over 180% profits today.
LINKUSD weekly price chart. Source: TradingView
Factors that helped LINK price rally in recent months include the launch of a new proof-of-reserve product, growing adoption, and increasing demand among professional investors as suggested by Grayscale's Chainlink trust trading at a 170% premium to LINK's spot price.
Grayscale Investments LINK premium rate. Source: Coinglass
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
In November 2022, the FTX collapse wiped nearly $300 billion off the market cap, impacting several cryptocurrencies. The ones that suffered the most were tokens with deep financial ties to FTX, including Solana (SOL), Serum (SRM), and the exchange's own token, FTX Token (FTT).
Crypto market capitalization daily price chart. Source: TradingView
But a year later, things have not only improved for BTC, but for most cryptocurrencies impacted by the FTX collapse.
Here are the top-gainers (from the top-30 by market capitalization) that would have yielded the biggest profit if bought in November 2022.
Solana up 660% from FTX crash bottom
Solana's price plummeted by over 50% to $8 after the FTX collapse. The selloff occurred primarily because FTX and its sister firm, Alameda Research, held about 55 million SOL, triggering fears of a dump to plug liquidity holes.
Nonetheless, buying SOL a year ago would have produced a profit of over 660% today.
Solana's gains have largely stemmed from an overall upside sentiment in the crypto market, led by hopes about a Spot Bitcoin ETF approval in the U.S. At the same time, SOL's price has also benefited from subsiding fears about a potential dump by FTX.
#FTXFTX has sold 6,986,554 $SOL in the past few weeks, for ~$280.2M $USD.They are completely OUT of unlocked $SOL.The only $SOL they have exposure to is locked up, most until 2027-2028, just in time to sell the bottom of the next bear market.#SOLANA can commence UP ONLY. pic.twitter.com/Qu2z843oxS
— Curb◎ (@CryptoCurb) November 14, 2023
FTX Token rival OKB is up 275%
OKX crypto exchange's token OKB was among the least-affected tokens by the FTX fiasco. Moreover, it has benefited greatly in terms of price after its top rival went bust.
Buying OKB at the FTX-led bottom of $17.20 a year ago would have yielded investors a 275% profit today.
OKB/USD weekly price chart. Source: TradingView
OKB's price gains were Binance's loss, and its token BNB (BNB) has underperformed the market significantly as the exchange faces legal pressure in the United States.
BNB has underperformed many of the top-30 cryptos over the past year, up only 16% from the FTX-bottom.
Chainlink
Chainlink (LINK) had fallen by up to 40% following the FTX collapse. But its lower exposure to the crypto exchange, coupled with development updates, has resulted in a sharp price recovery since the event.
Notably, buying LINK in November 2022 at $5.68 would have produced over 180% profits today.
LINKUSD weekly price chart. Source: TradingView
Factors that helped LINK price rally in recent months include the launch of a new proof-of-reserve product, growing adoption, and increasing demand among professional investors as suggested by Grayscale's Chainlink trust trading at a 170% premium to LINK's spot price.
Grayscale Investments LINK premium rate. Source: Coinglass
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Congratulations BTC maxi 🔥
LIVECZ
--
Bitcoin was $15,588 a year ago today. You are so "lucky" you bought then. 👍
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Ethereum's price performance has recently been lagging behind Bitcoin's growth, a warning signal for ETH.
- ETH's divergence from Bitcoin's rise causes concern for Ethereum optimists.
- ETH is clinging to the $1,550 support mark but struggling at the $1,625 threshold, along the uptrend line.
- ETH's weakness in keeping up with Bitcoin's growth needs attention.
- ETH's RSI is at 53, far below Bitcoin's overbought level. There has been no significant reverse divergence.
- Funding interest shows positive signs as short sellers retreat, but price activity remains weaker compared to Bitcoin.
- Overall, confidence in ETH decreased due to its poor strength compared to Bitcoin.
- Expect ETH to fall further in the coming months.
- Recommended action:
1. Avoid trading ETH currently due to lack of power compared to Bitcoin.
2. Consider buying ETH at lower prices in the coming months for the long term.
Thus, ETH is lagging behind Bitcoin and could fall further due to divergence from Bitcoin's uptrend.
#ethereum #ETH #bitcoin
- ETH's divergence from Bitcoin's rise causes concern for Ethereum optimists.
- ETH is clinging to the $1,550 support mark but struggling at the $1,625 threshold, along the uptrend line.
- ETH's weakness in keeping up with Bitcoin's growth needs attention.
- ETH's RSI is at 53, far below Bitcoin's overbought level. There has been no significant reverse divergence.
- Funding interest shows positive signs as short sellers retreat, but price activity remains weaker compared to Bitcoin.
- Overall, confidence in ETH decreased due to its poor strength compared to Bitcoin.
- Expect ETH to fall further in the coming months.
- Recommended action:
1. Avoid trading ETH currently due to lack of power compared to Bitcoin.
2. Consider buying ETH at lower prices in the coming months for the long term.
Thus, ETH is lagging behind Bitcoin and could fall further due to divergence from Bitcoin's uptrend.
#ethereum #ETH #bitcoin
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As the world becomes more unstable, the value of Bitcoin becomes clearer and more appreciated by many analysts.
• Macroeconomic deterioration and geopolitical instability are highlighting the role and core value of Bitcoin, according to The Block.
• Economist Youwei Yang says Bitcoin is more user-friendly, stable and global than many local currencies, especially during geopolitical conflicts and sanctions. So the more unstable Bitcoin becomes, the more valuable it proves.
• Yang said many countries lack a strong currency like USD, which is the opportunity for Bitcoin to be the largest digital asset. When people are too dependent on USD, Bitcoin will shine.
• Jeff Feng of Sei Labs points to Bitcoin's strength in recent months as stocks have fallen. Its resilience lends itself to its role as a hedge against turbulence, similar to gold.
• Although Bitcoin is volatile, holding around $27,000 shows sustainability, while Dow Jones and Russell 2000 plunge. But Feng warns against complacency due to Bitcoin's inherent volatility.
• The lack of uniformity in global regulation also prevents Bitcoin from being widely used, unlike traditional assets such as gold.
#Bitcoin#BTC#gold#gold
• Macroeconomic deterioration and geopolitical instability are highlighting the role and core value of Bitcoin, according to The Block.
• Economist Youwei Yang says Bitcoin is more user-friendly, stable and global than many local currencies, especially during geopolitical conflicts and sanctions. So the more unstable Bitcoin becomes, the more valuable it proves.
• Yang said many countries lack a strong currency like USD, which is the opportunity for Bitcoin to be the largest digital asset. When people are too dependent on USD, Bitcoin will shine.
• Jeff Feng of Sei Labs points to Bitcoin's strength in recent months as stocks have fallen. Its resilience lends itself to its role as a hedge against turbulence, similar to gold.
• Although Bitcoin is volatile, holding around $27,000 shows sustainability, while Dow Jones and Russell 2000 plunge. But Feng warns against complacency due to Bitcoin's inherent volatility.
• The lack of uniformity in global regulation also prevents Bitcoin from being widely used, unlike traditional assets such as gold.
#Bitcoin#BTC#gold#gold
See original
FarSchool Season 2 has officially launched, unlocking 60 new lessons and allowing you to earn new outfits, hairstyles and accessories to change the look of your FarFriend character!
Start exploring Farcaster today!
Register, claim your pass (if you don't have it yet), then go to the FarSchool section to do:
https://far.quest/?invite=81514886
Don't miss the bet with a16z & Coinbase investing + Vitalik Buterin highly praises it!
#FarCaster#FarQuest#SocialFi#a16z #Coinbase
Start exploring Farcaster today!
Register, claim your pass (if you don't have it yet), then go to the FarSchool section to do:
https://far.quest/?invite=81514886
Don't miss the bet with a16z & Coinbase investing + Vitalik Buterin highly praises it!
#FarCaster#FarQuest#SocialFi#a16z #Coinbase
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#JPMorgan predicts oil prices will rise to $150 per barrel
This forecast shows that the outlook for oil prices is likely to increase in the near future, due to increased energy demand and limited supply.
- Rising oil prices will lead to escalating inflation, which means pressure on central banks to increase interest rates. This will continue to negatively impact the crypto market.
- However, increasing interest rates can also reduce the momentum of the USD. This could support the recovery of#Bitcoinand#altcoinsin the long term.
In general, the upward trend in oil prices will put pressure on the global economy and continue to create a cautious mentality for#cryptoinvestors. However, the impact is not completely negative.
This forecast shows that the outlook for oil prices is likely to increase in the near future, due to increased energy demand and limited supply.
- Rising oil prices will lead to escalating inflation, which means pressure on central banks to increase interest rates. This will continue to negatively impact the crypto market.
- However, increasing interest rates can also reduce the momentum of the USD. This could support the recovery of#Bitcoinand#altcoinsin the long term.
In general, the upward trend in oil prices will put pressure on the global economy and continue to create a cautious mentality for#cryptoinvestors. However, the impact is not completely negative.
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Worldcoin raises $115 million in funding, but where is it now?
We all heard about Worldcoin raising $115 million, but where is it now?👁
With the recent fundraising and launch of the World App (3 weeks ago), you might want to know where the Worldcoin ecosystem really stands. I collected string data to answer that question.
To give you some context, Worldcoin is trying to build the world's largest identity and financial network. Use human biometric data like a passport to navigate the web3 world and empower anyone with its benefits.
With the recent fundraising and launch of the World App (3 weeks ago), you might want to know where the Worldcoin ecosystem really stands. I collected string data to answer that question.
To give you some context, Worldcoin is trying to build the world's largest identity and financial network. Use human biometric data like a passport to navigate the web3 world and empower anyone with its benefits.
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NFTs are dead, is there only a war between NFT exchanges?
NFTs are dead, only the war between NFT exchanges remains ⚔️
🟠 Orange is the new blue 🔵
While NFT volumes and traders hit recent lows, one figure is quietly taking over a large portion of the market.
Launched on October 22, in less than a year, Blur has become the largest NFT exchange by volume (about 60% of the market today). Challenge, then beat established giant OpenSea, which once controlled over +80% of overall volume (2022).
🟠 Orange is the new blue 🔵
While NFT volumes and traders hit recent lows, one figure is quietly taking over a large portion of the market.
Launched on October 22, in less than a year, Blur has become the largest NFT exchange by volume (about 60% of the market today). Challenge, then beat established giant OpenSea, which once controlled over +80% of overall volume (2022).
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The best performing financial asset in the world over the past decade is #bitcoin
If the story of human progress is marked by innovation and the technology of money as the language of value, then we may have finally invented an irreparable way to communicate together. Mobile, immediate and most of all honest.
#crypto #BTC #bitcoinhalving
If the story of human progress is marked by innovation and the technology of money as the language of value, then we may have finally invented an irreparable way to communicate together. Mobile, immediate and most of all honest.
#crypto #BTC #bitcoinhalving
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Between Memecoin and Meme NFT, which is the better choice?
Remember those times when mainstream media reported on the sale of NFTs for huge sums of money? At one point, the topic of "NFT" became one of the hottest topics on the internet.
Today, we see some popular meme coins appear as NFTs, for example Nyan Cat selling for around 300 ETH, Disaster Girl for 180 ETH, and Pepe the Frog for $1 million.
Currently, memecoins become a hot topic in the market, even though they have existed in the past. That's why you may hear the term "meme coin season".
Today, we see some popular meme coins appear as NFTs, for example Nyan Cat selling for around 300 ETH, Disaster Girl for 180 ETH, and Pepe the Frog for $1 million.
Currently, memecoins become a hot topic in the market, even though they have existed in the past. That's why you may hear the term "meme coin season".
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💡Details of seed round on Web3 in Q1 2023 of investment funds
It seems like the big focus is:
1️⃣ Infrastructure
2️⃣ Practical applications - DeFi
3️⃣ Security - Solving $3.8 billion theft by 2022
Interesting!
#feedfeverchallenge #Defi #VenturesCapital
It seems like the big focus is:
1️⃣ Infrastructure
2️⃣ Practical applications - DeFi
3️⃣ Security - Solving $3.8 billion theft by 2022
Interesting!
#feedfeverchallenge #Defi #VenturesCapital
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Tether, the world's largest stablecoin issuer, will invest 15% of its profits in Bitcoin as it shifts its reserves from US public debt to the cryptocurrency.
Tether will self-custody all the Bitcoin it owns, according to the company's statement. By the end of the first quarter, Tether held about $1.5 billion in bitcoin, representing about 2% of its reserves. The remaining approximately 85% is held in cash, cash equivalents and other short-term deposits - mainly Treasury bonds.
This information was announced days after Tether reported a net profit of $1.5 billion for the first quarter.
#feedfeverchallenge #Bitcoin #Tether #DCA
Tether will self-custody all the Bitcoin it owns, according to the company's statement. By the end of the first quarter, Tether held about $1.5 billion in bitcoin, representing about 2% of its reserves. The remaining approximately 85% is held in cash, cash equivalents and other short-term deposits - mainly Treasury bonds.
This information was announced days after Tether reported a net profit of $1.5 billion for the first quarter.
#feedfeverchallenge #Bitcoin #Tether #DCA
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Uniswap will deploy on Polkadot via the Moonbeam parachain
Uniswap will soon be available on Moonbeam, a parachain of Polkadot, according to a proposal approved on May 17 on the exchange's governance forum.
The proposal was made by the Blockchain education group in Michigan. The proposal was passed with almost absolute support with 99.99% of votes in favor.
“Since UNI is a blue chip and has always been at the forefront of DeFi innovation, it was always our intention to deploy Uniswap on Polkadot in some way,” said a Uniswap spokesperson.
#feedfeverchallenge #Polkadot #Uniswap
Uniswap will soon be available on Moonbeam, a parachain of Polkadot, according to a proposal approved on May 17 on the exchange's governance forum.
The proposal was made by the Blockchain education group in Michigan. The proposal was passed with almost absolute support with 99.99% of votes in favor.
“Since UNI is a blue chip and has always been at the forefront of DeFi innovation, it was always our intention to deploy Uniswap on Polkadot in some way,” said a Uniswap spokesperson.
#feedfeverchallenge #Polkadot #Uniswap
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Bitcoin Frogs surpasses Bored Apes as the hottest NFT collection of the past 24 hours
Bitcoin Frogs have overtaken Bored Apes as the most traded NFT collection in the past 24 hours, which is a major milestone for the emerging Ordinals market. This collection has generated more than $2 million from nearly 700 transactions.
Compare that to Bored Ape Yacht Club, the world's most valuable NFT collection by market share, which has ranked third over the past day with about $1.3 million in transactions, data from CryptoSlam! also shows.
Compare that to Bored Ape Yacht Club, the world's most valuable NFT collection by market share, which has ranked third over the past day with about $1.3 million in transactions, data from CryptoSlam! also shows.
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How to choose projects & tips to easily win Airdrop for newbies
When it comes to airdrops and people have made significant profits, perhaps hundreds or thousands of USD, many people will have a desire to participate. However, when participating in the airdrop we will realize that it is not as easy as we thought. To have a chance at success in airdrop hunting, we need to gain experience and apply airdrop hunting strategies to increase our chances of receiving as many airdrops as possible.
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What is CyberConnect? CyberConnect Cryptocurrency Overview
What is CyberConnect?
CyberConnect is a decentralized social graph protocol that helps Web3 applications launch network effects.
Building on EVM chains, CyberConnect empowers users to truly own their identities, content, and social connections in a social network, while providing developers with a suite of innovative tools. rich to build applications with meaningful social experiences.
CyberConnect is a decentralized social graph protocol that helps Web3 applications launch network effects.
Building on EVM chains, CyberConnect empowers users to truly own their identities, content, and social connections in a social network, while providing developers with a suite of innovative tools. rich to build applications with meaningful social experiences.
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👀Keep an eye on this liquidity pool; it's likely to be withdrawn soon.
🔼I assume that after this, we may see a reaction from the weekly open. Let’s stay observant.
⚠️Today is the FOMC meeting. Expect increased volatility. Trade cautiously today.
Click 🔥 if helpful
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