inna-elis

Important#newsto know this morning:

🟧 A study by the Official Monetary Institutions Forum (OMFIF) found that 70% of countries are seeking to develop a central bank digital currency (CBDC) to move away from the US dollar.

🟧#BinanceMargin introduces Isolated Margin Auto-Transfer Mode, which allows you to place isolated margin orders using assets from both spot and margin wallets.

🇨🇳 Chinese venture capital company#GBACapital will create a WEB3 fund worth $10 billion.

🔶 The number of#Binanceusers worldwide exceeds 170 million - Binance CEO Richard Teng.

🇪🇺 In 2023, almost a thousand new cryptocurrency companies were registered in the EU.

🥉#BTC- without any special changes, locally on lower time frames the descending structure is still preserved.
🥉#ETH- went crazy at night and now looks more confident than Bitcoin.

💬This is the very reason why I have repeatedly advised you to monitor dominance.
Dominance began to decline and#ETHwent into overdrive, while#bitcoinremained in place.
According to expectations, there is uncertainty at the moment, while it looks like a fake, because there is no fixation above the previous ATH, and the growth itself was impulse and left an imbalance.
On the airwaves, I would like to see a retest of the previous local maximum, and in case of growth of dominance, a complete overlap of the imbalance.

Good morning 👋

#Bitcoinis trading near $43.135
#Ethereumis trading near $2.385
#Themarket is mostly green
Bitcoin dominance - 51.26%
#Alt-season index - 67

📈Growth leaders in 24 hours:
BSV +63.88%
AAVE +22.08%
ARB +20.47%

🧐🧐🧐

#Important news to know this morning:

🟧 Arthur Hayes sold#SOLand bought more ETH

He expects#Ethereumto reach $5,000

🟧 The President of Turkey appointed a professor teaching crypto assets and blockchain technology to the Central Bank committee.

🟧 FOX Reporter: I'm told the#SEChas asked#spotETF issuers to submit revised filings by the end of next week.

😀 Curve DAO agreed to pay compensation in the amount of $44 million to victims of the July hack.

🇸🇻 El Salvador's#Congresshas approved a migration law granting expedited citizenship to foreigners who make “donations” in#BTCfor government social and economic development programs.

Good morning 👋

🥉Bitcoin is trading near $43.630
🥉Ethereum is trading near $2.290

The beginning of the weekend and the beginning of the sideways season, part of the market is green and part is red.
Bitcoin dominance - 52.89%
Alt-season index - 55

📈Growth leaders in 24 hours:
OP +25.69%
ELF +18.12%
PEPE +13.77%

Important news you need to know this day.

🟧 BitMEX founder Arthur Hayes said he sold SOL and bought more ETH, and predicted that ETH would reach $5,000.

🟧 Coinbase received a cryptocurrency license in France and continues to expand in Europe amid a rift with the SEC.

🟧 Solana almost $100. Liquidated short positions worth $40 million in a couple of days.

🟧 Circle will provide the US Internal Revenue Service (IRS) with customer information

🇧🇾 Belarus stated that it is ready to accept foreign miners - investors from Russia and China are showing interest in cryptocurrency mining in Belarus

Good morning ☀

BTC Daily Review:

Liquidations on the market over the last 24 hours, CoinGlass: ~56 K traders, for a total amount of ~$145 million - 40% long positions and 60% short positions.

Bitcoin is pressing against an important resistance zone, and the resulting “double bottom” on a local downward movement should help break above it📈

-Positive scenario: we break above 44-45K, gain a foothold and move further to 48-52K. It is difficult to say whether there will be such a movement before the end of the year, but most have big bets for January; it is filled with deadlines for Bitcoin ETFs, starting immediately from January 1st.

-Negative scenario: I’ll say right away that it’s unlikely for me personally. This is a rebound from the resistance zone and another decline, first to 42K, and in the worst case, to 40K. Let me remind you that there are no prerequisites for this yet, everything increasingly indicates continued growth.