Binance Square
LIVE
加密货币乐神
@Square-Creator-4c5110287
Web3爱好者,现货合约mima 潜力捕捉
Following
Followers
Liked
Shared
All Content
LIVE
--
See original
I've been wandering around the market all year round, and I'm an old leek! Focus on spot contracts and capture web3 dynamics! Crypto Research Institute and the giant whale move forward side by side and work together~ Sector changes, hot spots captured! #planet🌍 Web3, L2, AI artificial intelligence, DeFi, Lsd, Rwa, modularization, public chain... $BTC $ETH $BNB
I've been wandering around the market all year round, and I'm an old leek! Focus on spot contracts and capture web3 dynamics! Crypto Research Institute and the giant whale move forward side by side and work together~

Sector changes, hot spots captured! #planet🌍
Web3, L2, AI artificial intelligence, DeFi, Lsd, Rwa, modularization, public chain...

$BTC $ETH $BNB
See original
BTC (67500→64000): ETH (3505→3180), short position target completed! 🍻
BTC (67500→64000): ETH (3505→3180), short position target completed! 🍻
See original
The BTC conference has kicked off, but the market trend is showing an adjustment trend. In the crypto circle, hype is often based on expectations. The market is enthusiastic before the news is clear, and once the news is clear, the market begins to adjust. This has become a consensus in the industry. If you are still in a panic of FOMO (fear of missing out) because of the BTC conference, and fantasize that the price of the currency will soar during the conference, it is probably too naive. In fact, the short-term market carnival has ended ahead of schedule. The real trend of the market still needs to rely on long-term positive factors to drive it. We should be patient and wait for the upcoming interest rate cut opportunity. We should not have too high expectations for the BTC conference, because the market may need to experience a correction to find a new support point. Although this conference failed to push the big cake to break through the $70,000 mark, I believe that in the near future, as market conditions mature, BTC is expected to challenge and break through this important barrier again. #比特币大会 #山寨季何时到来?
The BTC conference has kicked off, but the market trend is showing an adjustment trend. In the crypto circle, hype is often based on expectations. The market is enthusiastic before the news is clear, and once the news is clear, the market begins to adjust. This has become a consensus in the industry.

If you are still in a panic of FOMO (fear of missing out) because of the BTC conference, and fantasize that the price of the currency will soar during the conference, it is probably too naive. In fact, the short-term market carnival has ended ahead of schedule.

The real trend of the market still needs to rely on long-term positive factors to drive it. We should be patient and wait for the upcoming interest rate cut opportunity. We should not have too high expectations for the BTC conference, because the market may need to experience a correction to find a new support point.

Although this conference failed to push the big cake to break through the $70,000 mark, I believe that in the near future, as market conditions mature, BTC is expected to challenge and break through this important barrier again. #比特币大会 #山寨季何时到来?
LIVE
加密货币乐神
--
7/25, BTC and ETH fell, triggering liquidation of US$250 million

The spot ETF passed the second day, with a direct net outflow of US$150 million, mainly in grayscale!

Yesterday, Grayscale continued to sell and had sold 230,000. Last night, it transferred 140,000 and sold 90,000. Grayscale’s ETH holdings exceeded 2.629 million Eth. If you sell 100,000 a day, it will probably take 10 days to sell.

In addition, other ETFs have currently reduced or stopped buying after buying bottom positions on the first day.

The selling pressure on ETH continues, you need to continue to wait, do not buy rashly, and BTC also fell under the influence of Mt. Gox transfers and ETF fund outflows. The early market share and space pills have all achieved their goals, so be careful to adjust your space in a timely manner! #MtGox钱包动态 #比特币大会 #美国以太坊现货ETF开始交易
See original
7/25, BTC and ETH fell, triggering liquidation of US$250 million The spot ETF passed the second day, with a direct net outflow of US$150 million, mainly in grayscale! Yesterday, Grayscale continued to sell and had sold 230,000. Last night, it transferred 140,000 and sold 90,000. Grayscale’s ETH holdings exceeded 2.629 million Eth. If you sell 100,000 a day, it will probably take 10 days to sell. In addition, other ETFs have currently reduced or stopped buying after buying bottom positions on the first day. The selling pressure on ETH continues, you need to continue to wait, do not buy rashly, and BTC also fell under the influence of Mt. Gox transfers and ETF fund outflows. The early market share and space pills have all achieved their goals, so be careful to adjust your space in a timely manner! #MtGox钱包动态 #比特币大会 #美国以太坊现货ETF开始交易
7/25, BTC and ETH fell, triggering liquidation of US$250 million

The spot ETF passed the second day, with a direct net outflow of US$150 million, mainly in grayscale!

Yesterday, Grayscale continued to sell and had sold 230,000. Last night, it transferred 140,000 and sold 90,000. Grayscale’s ETH holdings exceeded 2.629 million Eth. If you sell 100,000 a day, it will probably take 10 days to sell.

In addition, other ETFs have currently reduced or stopped buying after buying bottom positions on the first day.

The selling pressure on ETH continues, you need to continue to wait, do not buy rashly, and BTC also fell under the influence of Mt. Gox transfers and ETF fund outflows. The early market share and space pills have all achieved their goals, so be careful to adjust your space in a timely manner! #MtGox钱包动态 #比特币大会 #美国以太坊现货ETF开始交易
LIVE
加密货币乐神
--
#以太坊ETF批准预期
✨July 23rd Market Noon Report🌟

📈Market Overview: Today's market is mixed with long and short positions, the market shows narrow fluctuations, the direction is not yet clear, and the market atmosphere is slightly chaotic.

📌ETH ETF: It is expected to be listed and traded according to the US stock market time today. However, there are rumors that market demand may be lower than expected, and traders need to remain vigilant.

📊BTC Price Analysis: Currently, BTC is under pressure near 68,000, while 66,500 has become its important support. Affected by the volatility of US stocks and long and short news, BTC prices may show a tug-of-war in the short term. Traders need to pay attention to the upcoming BTC conference to obtain more market direction guidance.

🚀ETH Dynamics: ETH ETF will be listed at 21:30 this evening, which is expected to bring a small rebound. However, considering the potential impact of Grayscale's selling pressure and the market law of "good news is bad news", ETH still has the risk of falling to around 3250 in the short term to seek support.

💣Altcoin risk: The altcoin market is still facing severe selling pressure, and traders need to pay special attention to risks and operate with caution.

🚫SOL and meme coins: The price of SOL is already high, and it is not recommended for traders to continue waiting for it to break through the 200 price level. For meme coins (such as wif, bonk, etc.), the current price is close to the top of the small cycle, and you can appropriately reduce your holdings and withdraw at the right time.
See original
⚠️ BTC fell below 65800, ETH fell below 3400, the first-line target of Kongdan has been completed, and the partners on the car should pay attention to the simultaneous reduction of holdings: BTC (67500→65800), ETH (3505→3390) #BTC☀ #ETH #Dydx黑客攻击
⚠️ BTC fell below 65800, ETH fell below 3400, the first-line target of Kongdan has been completed, and the partners on the car should pay attention to the simultaneous reduction of holdings: BTC (67500→65800), ETH (3505→3390) #BTC☀ #ETH #Dydx黑客攻击
See original
Mt Gox transfers $2.85 billion worth of BTC as creditor repayment plan moves forward Mt Gox's recent activity has attracted widespread attention, with it making a huge BTC transfer worth $2.8 billion. Today, Mt Gox transferred 42,587 BTC (about $2.85 billion) to an internal wallet. This transaction was followed by a transfer of 5,110 BTC from another internal wallet, indicating that Mt Gox is preparing to repay its debts to creditors. Currently, Mt Gox holds a total of 90,344 BTC, worth more than $6 billion.
Mt Gox transfers $2.85 billion worth of BTC as creditor repayment plan moves forward

Mt Gox's recent activity has attracted widespread attention, with it making a huge BTC transfer worth $2.8 billion. Today, Mt Gox transferred 42,587 BTC (about $2.85 billion) to an internal wallet. This transaction was followed by a transfer of 5,110 BTC from another internal wallet, indicating that Mt Gox is preparing to repay its debts to creditors. Currently, Mt Gox holds a total of 90,344 BTC, worth more than $6 billion.
See original
#以太坊ETF批准预期 ✨July 23rd Market Noon Report🌟 📈Market Overview: Today's market is mixed with long and short positions, the market shows narrow fluctuations, the direction is not yet clear, and the market atmosphere is slightly chaotic. 📌ETH ETF: It is expected to be listed and traded according to the US stock market time today. However, there are rumors that market demand may be lower than expected, and traders need to remain vigilant. 📊BTC Price Analysis: Currently, BTC is under pressure near 68,000, while 66,500 has become its important support. Affected by the volatility of US stocks and long and short news, BTC prices may show a tug-of-war in the short term. Traders need to pay attention to the upcoming BTC conference to obtain more market direction guidance. 🚀ETH Dynamics: ETH ETF will be listed at 21:30 this evening, which is expected to bring a small rebound. However, considering the potential impact of Grayscale's selling pressure and the market law of "good news is bad news", ETH still has the risk of falling to around 3250 in the short term to seek support. 💣Altcoin risk: The altcoin market is still facing severe selling pressure, and traders need to pay special attention to risks and operate with caution. 🚫SOL and meme coins: The price of SOL is already high, and it is not recommended for traders to continue waiting for it to break through the 200 price level. For meme coins (such as wif, bonk, etc.), the current price is close to the top of the small cycle, and you can appropriately reduce your holdings and withdraw at the right time.
#以太坊ETF批准预期
✨July 23rd Market Noon Report🌟

📈Market Overview: Today's market is mixed with long and short positions, the market shows narrow fluctuations, the direction is not yet clear, and the market atmosphere is slightly chaotic.

📌ETH ETF: It is expected to be listed and traded according to the US stock market time today. However, there are rumors that market demand may be lower than expected, and traders need to remain vigilant.

📊BTC Price Analysis: Currently, BTC is under pressure near 68,000, while 66,500 has become its important support. Affected by the volatility of US stocks and long and short news, BTC prices may show a tug-of-war in the short term. Traders need to pay attention to the upcoming BTC conference to obtain more market direction guidance.

🚀ETH Dynamics: ETH ETF will be listed at 21:30 this evening, which is expected to bring a small rebound. However, considering the potential impact of Grayscale's selling pressure and the market law of "good news is bad news", ETH still has the risk of falling to around 3250 in the short term to seek support.

💣Altcoin risk: The altcoin market is still facing severe selling pressure, and traders need to pay special attention to risks and operate with caution.

🚫SOL and meme coins: The price of SOL is already high, and it is not recommended for traders to continue waiting for it to break through the 200 price level. For meme coins (such as wif, bonk, etc.), the current price is close to the top of the small cycle, and you can appropriately reduce your holdings and withdraw at the right time.
See original
Crypto Price Analysis 7-22 BTC, ETH, SOL, DOT, DOGE, UNI, ADA, WIFBTC rose sharply over the weekend, breaking through the key resistance level of $65,000. BTC experienced a small correction during the period. However, spot BTC ETFs continued to flow in, indicating that although the market was cautious, it did not turn bearish. BTC’s recovery could put it on the path to $70,000 and new all-time highs, as the price has been trending upward since closing above the 200-day moving average on July 14. BTC disk: Looking at the BTC price chart, we can see a V-shaped recovery. BTC has been on a strong uptrend after hitting a low of $53,591 on July 5, up just over 26%. BTC tried to break through $65,000 on Wednesday but faced considerable selling pressure. As a result, BTC fell 1.49% to $64,156 after reaching a daily high of $66,135. On Thursday, volatility rose noticeably as buyers and sellers tried to establish control. BTC eventually fell slightly and closed at $64,027.

Crypto Price Analysis 7-22 BTC, ETH, SOL, DOT, DOGE, UNI, ADA, WIF

BTC rose sharply over the weekend, breaking through the key resistance level of $65,000. BTC experienced a small correction during the period. However, spot BTC ETFs continued to flow in, indicating that although the market was cautious, it did not turn bearish.
BTC’s recovery could put it on the path to $70,000 and new all-time highs, as the price has been trending upward since closing above the 200-day moving average on July 14.

BTC disk:
Looking at the BTC price chart, we can see a V-shaped recovery. BTC has been on a strong uptrend after hitting a low of $53,591 on July 5, up just over 26%. BTC tried to break through $65,000 on Wednesday but faced considerable selling pressure. As a result, BTC fell 1.49% to $64,156 after reaching a daily high of $66,135. On Thursday, volatility rose noticeably as buyers and sellers tried to establish control. BTC eventually fell slightly and closed at $64,027.
See original
Ethereum ETF Approval and Key Economic Indicators to Drive Crypto Markets Next Week The crypto market is gearing up for a critical week, influenced by a number of economic indicators and regulatory developments. The most critical of these is the much-anticipated SEC decision to approve a spot Ethereum ETF. In addition, there are several important economic indicators that are about to be released, which could affect market sentiment and trends. Potential Drivers of Market Rise The crypto market is expected to see a bullish trend, driven by several expected positive news. One of the key factors is the expected Q2 US GDP growth, which is expected to increase from 1.4% to 1.9%. Rising GDP growth usually boosts market confidence, which could spill over to the crypto market. Another key factor is the upcoming GDP data, which will influence the Fed's policy decision. The market currently generally expects the Fed to cut interest rates in September, although this depends on the upcoming GDP data. In addition, PCE inflation data is another key economic indicator for the market. Closely monitor this data point to assess the Fed's future interest rate stance. Recent trends in CPI data suggest a more dovish outlook from the Fed, but higher-than-expected PCE data could change that narrative, leading to potential rate hikes, which could put downward pressure on crypto markets. There are several key events and data points traders should watch next week. Monitoring the US Q2 GDP data is critical to understanding potential market impacts. Watching PCE inflation data is also critical to predicting future Fed rate decisions. In addition, major events such as the BTC conference on the 25th can provide important insights and announcements that could affect market dynamics. Finally, the SEC's decision on the spot Ethereum ETF will be an important event to watch, and the 5 spot ETFs will be officially launched on the 23rd, which may lay the foundation for further market movements. In summary, the outlook for BTC and other altcoins appears optimistic against the backdrop of favorable economic data and upcoming major events. However, given the inherent volatility of the crypto market, traders are advised to conduct thorough research and maintain a strategic approach. The potential for market changes this week is high, and careful planning is essential to effectively respond to unpredictable situations.
Ethereum ETF Approval and Key Economic Indicators to Drive Crypto Markets Next Week

The crypto market is gearing up for a critical week, influenced by a number of economic indicators and regulatory developments. The most critical of these is the much-anticipated SEC decision to approve a spot Ethereum ETF. In addition, there are several important economic indicators that are about to be released, which could affect market sentiment and trends.

Potential Drivers of Market Rise
The crypto market is expected to see a bullish trend, driven by several expected positive news. One of the key factors is the expected Q2 US GDP growth, which is expected to increase from 1.4% to 1.9%. Rising GDP growth usually boosts market confidence, which could spill over to the crypto market. Another key factor is the upcoming GDP data, which will influence the Fed's policy decision. The market currently generally expects the Fed to cut interest rates in September, although this depends on the upcoming GDP data.

In addition, PCE inflation data is another key economic indicator for the market. Closely monitor this data point to assess the Fed's future interest rate stance. Recent trends in CPI data suggest a more dovish outlook from the Fed, but higher-than-expected PCE data could change that narrative, leading to potential rate hikes, which could put downward pressure on crypto markets.

There are several key events and data points traders should watch next week. Monitoring the US Q2 GDP data is critical to understanding potential market impacts. Watching PCE inflation data is also critical to predicting future Fed rate decisions.

In addition, major events such as the BTC conference on the 25th can provide important insights and announcements that could affect market dynamics. Finally, the SEC's decision on the spot Ethereum ETF will be an important event to watch, and the 5 spot ETFs will be officially launched on the 23rd, which may lay the foundation for further market movements.

In summary, the outlook for BTC and other altcoins appears optimistic against the backdrop of favorable economic data and upcoming major events. However, given the inherent volatility of the crypto market, traders are advised to conduct thorough research and maintain a strategic approach. The potential for market changes this week is high, and careful planning is essential to effectively respond to unpredictable situations.
See original
Crypto events to watch in the near future: 1. Mentougou plans to distribute up to 140,000 BTC in the next 5-12 days. A large number of transfer transactions are expected during this period, which may cause some panic in the market. 2. ETH ETF will be officially launched on the 23rd. Judging from the historical launch of BTC ETF, the launch of such products often has a certain impact on the market in the short term, but in the long run, it is generally regarded as good news. 3. Currently, nine ETH ETFs have announced relevant fees, while Proshares ETF has not yet announced its fee details. 4. Bloomberg Terminal has added some ETFs, and this move is seen as preparation for next week's trading activities. It can be seen that the current market dynamics are mainly paving the way for the launch of Ethereum ETF. From a personal perspective, consider arranging spot in batches in the range of ETH 3200-3300, and the target price can be set at 3800-4200. As long as the bullish trend continues, a healthy pullback will hopefully create better conditions for subsequent gains. #以太坊ETF批准预期
Crypto events to watch in the near future:

1. Mentougou plans to distribute up to 140,000 BTC in the next 5-12 days. A large number of transfer transactions are expected during this period, which may cause some panic in the market.

2. ETH ETF will be officially launched on the 23rd. Judging from the historical launch of BTC ETF, the launch of such products often has a certain impact on the market in the short term, but in the long run, it is generally regarded as good news.

3. Currently, nine ETH ETFs have announced relevant fees, while Proshares ETF has not yet announced its fee details.

4. Bloomberg Terminal has added some ETFs, and this move is seen as preparation for next week's trading activities.

It can be seen that the current market dynamics are mainly paving the way for the launch of Ethereum ETF. From a personal perspective, consider arranging spot in batches in the range of ETH 3200-3300, and the target price can be set at 3800-4200. As long as the bullish trend continues, a healthy pullback will hopefully create better conditions for subsequent gains. #以太坊ETF批准预期
See original
Stg is up 16% from the share point 0.35, Bonk is up more than 40% from the share point 0.0 (4) 23, SEI missed the opportunity accurately, and recently rose more than 50%, breaking the thigh! 👀$STG $BONK $SEI
Stg is up 16% from the share point 0.35, Bonk is up more than 40% from the share point 0.0 (4) 23, SEI missed the opportunity accurately, and recently rose more than 50%, breaking the thigh! 👀$STG $BONK $SEI
See original
SEI and ORDI Long Line Up, Will They Reach $0.5 and $50? The market has turned bullish ahead of the launch of the ETH spot ETF next Tuesday. With BTC surging above 66500, ETH is expected to break through 3600 in the next bullish attempt. Therefore, the altcoins are showing great strength! The prices of Sei and Ordi are already close to the key area, and the breakthrough is expected to lead to the reaching of higher targets. Sei expects a "U-shaped" recovery to reach the 0.6 level: The recent rise has caused the price to break through the resistance of the descending wedge in the last trading day. Currently, the bears are trying to apply more pressure, but the bulls seem to remain wary of the current trading conditions. After a brief consolidation, SEI is expected to reverse the strong upward trend and reach the resistance level close to 0.6. After breaking through the descending wedge, SEI is confirming a U-shaped recovery as the main resistance between 0.43~0.45 hinders the progress of the rebound. RSI is increasing, while DMI has experienced a bullish crossover. Once ADX shows a bullish divergence, SEI is expected to break above 0.5 and reach 0.6. Until then, the price is expected to remain in an upward consolidation within the curve. Ordi is expected to reach the milestone of 100: Ordi's trend is trapped in a descending wedge and is approaching the overhead resistance level and intends to break through the resistance. Although market participants expect a small correction after the breakout, the technical situation suggests that the bears may not occupy the level for long. Therefore, the price is expected to maintain a healthy upward trend and clear the way to $100. On the ordi chart, MACD shows a significant increase in buying volume, which may lift the level into the positive range. Once completed, it is expected to break through the bearish influence and eventually trigger a new round of gains to reach the medium-term high of 50. If these levels are secured, the key resistance zone between $65 and $67 is expected to be secured. Traders should remain vigilant. Follow our latest updates and market analysis in a timely manner to manage the risk exposure of the position and the wider crypto market. #sei #ordi
SEI and ORDI Long Line Up, Will They Reach $0.5 and $50?

The market has turned bullish ahead of the launch of the ETH spot ETF next Tuesday. With BTC surging above 66500, ETH is expected to break through 3600 in the next bullish attempt. Therefore, the altcoins are showing great strength! The prices of Sei and Ordi are already close to the key area, and the breakthrough is expected to lead to the reaching of higher targets.

Sei expects a "U-shaped" recovery to reach the 0.6 level: The recent rise has caused the price to break through the resistance of the descending wedge in the last trading day. Currently, the bears are trying to apply more pressure, but the bulls seem to remain wary of the current trading conditions. After a brief consolidation, SEI is expected to reverse the strong upward trend and reach the resistance level close to 0.6.
After breaking through the descending wedge, SEI is confirming a U-shaped recovery as the main resistance between 0.43~0.45 hinders the progress of the rebound. RSI is increasing, while DMI has experienced a bullish crossover. Once ADX shows a bullish divergence, SEI is expected to break above 0.5 and reach 0.6. Until then, the price is expected to remain in an upward consolidation within the curve.

Ordi is expected to reach the milestone of 100: Ordi's trend is trapped in a descending wedge and is approaching the overhead resistance level and intends to break through the resistance. Although market participants expect a small correction after the breakout, the technical situation suggests that the bears may not occupy the level for long. Therefore, the price is expected to maintain a healthy upward trend and clear the way to $100.

On the ordi chart, MACD shows a significant increase in buying volume, which may lift the level into the positive range. Once completed, it is expected to break through the bearish influence and eventually trigger a new round of gains to reach the medium-term high of 50. If these levels are secured, the key resistance zone between $65 and $67 is expected to be secured.

Traders should remain vigilant. Follow our latest updates and market analysis in a timely manner to manage the risk exposure of the position and the wider crypto market. #sei #ordi
See original
Whales and Burns – How does SHIB try to recover its price? SHIB has been volatile recently. After a short-term rise, SHIB encountered resistance around 0.00001889 and then fell back to the key support of 0.0000168. Hackers stole and sold 5.43 trillion SHIB worth $92 million, bringing panic to the market. However, the surge in whale activity and SHIB's destruction rate brought hope to holders. Despite the recent continued decline in the meme market, whales have begun to show some interest again. Data shows that whale activity has surged, and currently, the proportion is 52%. This surge is related to the whales' desire to regain control of the market after this unexpected key transaction. In addition, the consumption rate of SHIB has risen sharply by 454.08% in the past 24 hours alone. The destruction rate soared, and a total of 48 million Shiba Inu tokens were destroyed. A surge in token destruction would reduce the circulating supply and bring stability, even if it does not help prices recover.
Whales and Burns – How does SHIB try to recover its price?

SHIB has been volatile recently. After a short-term rise, SHIB encountered resistance around 0.00001889 and then fell back to the key support of 0.0000168. Hackers stole and sold 5.43 trillion SHIB worth $92 million, bringing panic to the market. However, the surge in whale activity and SHIB's destruction rate brought hope to holders.

Despite the recent continued decline in the meme market, whales have begun to show some interest again. Data shows that whale activity has surged, and currently, the proportion is 52%. This surge is related to the whales' desire to regain control of the market after this unexpected key transaction.

In addition, the consumption rate of SHIB has risen sharply by 454.08% in the past 24 hours alone. The destruction rate soared, and a total of 48 million Shiba Inu tokens were destroyed. A surge in token destruction would reduce the circulating supply and bring stability, even if it does not help prices recover.
See original
#XRP News Update: SEC Reschedules Closed-Door Meeting, Settlement Prospects Bright The news of the SEC rescheduling the closed-door meeting boosted buyers' demand for XRP. On Friday, the SEC rescheduled the closed-door meeting on July 18 to July 25. Although the meeting is not open to the public, the market expects the Ripple case to be a focus of discussion. How did XRP react to the settlement? On July 13, 2023, XRP surged from $0.4711 to an intraday high of $0.9327 on the impact of the XRP programmatic sales ruling. However, due to the expectation of the SEC's appeal, XRP fell below $0.50 by mid-August. The settlement may push XRP above $1.00. On the market: XRP easily broke through the 50-day and 200-day EMAs, and the support of 0.54 was effective again, confirming the bullish price trend. A move back towards $0.60 could signal a move towards the $0.6609 resistance. A breakout above the $0.6609 resistance could propel XRP bulls towards the $0.70 mark. Holders should consider headlines related to the SEC and crypto cases. On the contrary, if XRP fails to hold the $0.57 support, the 200-day EMA could be impacted. With a 14-day RSI reading of 63.80, XRP is expected to break above the $0.60 mark and then move into the overbought zone. Traders should remain vigilant as the SEC vs. Ripple case remains a key topic. Stay tuned for our latest updates and analysis to manage your exposure to XRP and the broader crypto market.
#XRP News Update: SEC Reschedules Closed-Door Meeting, Settlement Prospects Bright

The news of the SEC rescheduling the closed-door meeting boosted buyers' demand for XRP. On Friday, the SEC rescheduled the closed-door meeting on July 18 to July 25. Although the meeting is not open to the public, the market expects the Ripple case to be a focus of discussion.
How did XRP react to the settlement?

On July 13, 2023, XRP surged from $0.4711 to an intraday high of $0.9327 on the impact of the XRP programmatic sales ruling. However, due to the expectation of the SEC's appeal, XRP fell below $0.50 by mid-August.

The settlement may push XRP above $1.00.

On the market: XRP easily broke through the 50-day and 200-day EMAs, and the support of 0.54 was effective again, confirming the bullish price trend.

A move back towards $0.60 could signal a move towards the $0.6609 resistance. A breakout above the $0.6609 resistance could propel XRP bulls towards the $0.70 mark.

Holders should consider headlines related to the SEC and crypto cases.

On the contrary, if XRP fails to hold the $0.57 support, the 200-day EMA could be impacted.

With a 14-day RSI reading of 63.80, XRP is expected to break above the $0.60 mark and then move into the overbought zone.

Traders should remain vigilant as the SEC vs. Ripple case remains a key topic. Stay tuned for our latest updates and analysis to manage your exposure to XRP and the broader crypto market.
LIVE
加密货币乐神
--
#XRP #xlm SEC canceled the XRP meeting, settlement negotiations stalled, and XRP pulled back

The SEC unexpectedly canceled the closed-door meeting originally scheduled for July 18, and XRP began a correction near 0.63
The market initially expected that the meeting might discuss the ongoing Ripple litigation and lead to a settlement between the SEC and Ripple, ending the years-long dispute.

In addition to the settlement, Ripple and the SEC are engaged in a heated debate over appropriate penalties for Ripple's alleged violations of securities laws. The SEC is asking for a hefty $2 billion fine, but Ripple believes a $10 million fine is more appropriate.

While the arguments are under review by the District Court Act, market expectations are that a final ruling may be issued before July 31.

Disk: XRP’s value increased significantly by 30% on the weekly K chart. The rise began with XRP finding solid support at 0.40, followed by a swift and strong rebound. The current important support levels are 0.54 and 0.52, and the market is focusing on the next resistance level of 0.64. $XRP $XLM
See original
7/20 Crypto Midday Updates The US BTC spot ETF rose for the 11th consecutive day, and BTC is aiming at the $70,000 mark ETH spot ETF will start trading on July 23! Grayscale announces key GBTC derivative product updates Terraform Labs implements major changes driven by BTCists: LUNA token destruction and Shuttle Bridge closure Ripple v. SEC: XRP price rises, XRP whales accumulate a record 51.59 billion XRP in the price rebound, and the new closed-door meeting date has been scheduled for July 25 Coinbase announced the delisting of four tokens: SNX, COVAL, RAI and wAMPL are all affected by the delisting. SHIB Corps launches a petition to urge BN to destroy SHIB Trump's 2024 election prospects are promising, and institutional investors are increasing their bets on BTC DOGE whales have accumulated more than 60 million DOGE in 24 hours amid bullish sentiment Updated regularly, pay attention to capture more market dynamics! #以太坊ETF批准预期 #美联储何时降息?
7/20 Crypto Midday Updates

The US BTC spot ETF rose for the 11th consecutive day, and BTC is aiming at the $70,000 mark

ETH spot ETF will start trading on July 23!

Grayscale announces key GBTC derivative product updates

Terraform Labs implements major changes driven by BTCists: LUNA token destruction and Shuttle Bridge closure

Ripple v. SEC: XRP price rises, XRP whales accumulate a record 51.59 billion XRP in the price rebound, and the new closed-door meeting date has been scheduled for July 25

Coinbase announced the delisting of four tokens: SNX, COVAL, RAI and wAMPL are all affected by the delisting.

SHIB Corps launches a petition to urge BN to destroy SHIB

Trump's 2024 election prospects are promising, and institutional investors are increasing their bets on BTC

DOGE whales have accumulated more than 60 million DOGE in 24 hours amid bullish sentiment

Updated regularly, pay attention to capture more market dynamics! #以太坊ETF批准预期 #美联储何时降息?
See original
July 19 Crypto Market Analysis: ETH, XRP, ADA, SHIB, TONThis week, we will look at ETH, XRP, ADA, SHIB, TON. ETH Ethereum had a good week, closing up 12%. This impressive recovery came after a market-wide rally that allowed ETH to turn $3,300 into a critical support level. With a new base, the bulls can look forward to the next target, which is $4,000. This level will also serve as a critical resistance. The last time ETH price tested this level was in May, when the bears rejected it. Looking ahead, optimism is returning to the market. With the upcoming launch of an Ethereum ETF, as long as bulls maintain this momentum, price levels have continued upward momentum in the coming weeks.

July 19 Crypto Market Analysis: ETH, XRP, ADA, SHIB, TON

This week, we will look at ETH, XRP, ADA, SHIB, TON.

ETH
Ethereum had a good week, closing up 12%. This impressive recovery came after a market-wide rally that allowed ETH to turn $3,300 into a critical support level.
With a new base, the bulls can look forward to the next target, which is $4,000. This level will also serve as a critical resistance. The last time ETH price tested this level was in May, when the bears rejected it.
Looking ahead, optimism is returning to the market. With the upcoming launch of an Ethereum ETF, as long as bulls maintain this momentum, price levels have continued upward momentum in the coming weeks.
See original
Galxe is transitioning to Gravity and the token has been successfully rebranded from GAL to G. The redenomination to 1:60 means that for every GAL, holders will now receive 60 G, thus enhancing the liquidity and attractiveness of the token. This is a good move and is expected to attract more traders as seen by the recent whales buying it. One token, two ecosystems. #GAL #G
Galxe is transitioning to Gravity and the token has been successfully rebranded from GAL to G.

The redenomination to 1:60 means that for every GAL, holders will now receive 60 G, thus enhancing the liquidity and attractiveness of the token.

This is a good move and is expected to attract more traders as seen by the recent whales buying it. One token, two ecosystems. #GAL #G
See original
#以太坊ETF批准预期 #山寨季何时到来? #美联储何时降息? The WazirX hacker has converted all the stolen altcoins into ETH. This move comes just as the spot Ethereum ETF may go live in four days. The total value of ETH held by the WazirX attacker has soared to 59,097 ETH, worth $201 million. This includes: 15,298 ETH ($52 million) stolen directly from WazirX. 43,799 ETH ($149 million) obtained by liquidating various assets, specifically 5.43 trillion SHIB ($90.2 million), 20.5 million MATIC ($10.2 million), and 640.27 billion PEPE ($7.48 million). It seems that the WazirX hacker is also betting on the upcoming ETH rally, and Ethereum traders are still very excited before the ETH spot ETF is approved next week. Over the past week, ETH prices have surged 10% as the broader market has recovered, all the way to $3,500. The market expects ETH to rise to $4,000 or even higher in the weeks following the launch of the ETF.
#以太坊ETF批准预期 #山寨季何时到来? #美联储何时降息?

The WazirX hacker has converted all the stolen altcoins into ETH. This move comes just as the spot Ethereum ETF may go live in four days. The total value of ETH held by the WazirX attacker has soared to 59,097 ETH, worth $201 million.

This includes:
15,298 ETH ($52 million) stolen directly from WazirX. 43,799 ETH ($149 million) obtained by liquidating various assets, specifically 5.43 trillion SHIB ($90.2 million), 20.5 million MATIC ($10.2 million), and 640.27 billion PEPE ($7.48 million).

It seems that the WazirX hacker is also betting on the upcoming ETH rally, and Ethereum traders are still very excited before the ETH spot ETF is approved next week. Over the past week, ETH prices have surged 10% as the broader market has recovered, all the way to $3,500. The market expects ETH to rise to $4,000 or even higher in the weeks following the launch of the ETF.
See original
#以太坊ETF批准预期 Updated Ethereum ETFs and fee schedules to be launched next week. 10 ETH spot ETFs are coming next week!
#以太坊ETF批准预期 Updated Ethereum ETFs and fee schedules to be launched next week. 10 ETH spot ETFs are coming next week!
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs