The UTXO Realized Cap 6M-12M Dominance has surpassed 20%, indicating that a significant portion of Bitcoin's realized market cap is held by coins last moved between 6 to 12 months ago. This trend suggests that many investors from this period are holding onto their Bitcoin, possibly anticipating a price increase.
While this could signal a potential price recovery, it is crucial to consider that if these holders decide to sell, especially in the short term, the recovery might be temporary. Nonetheless, the overall market sentiment remains optimistic, reflecting confidence in Bitcoin's long-term value.
$PEPE $PEPE $PEPE
{spot}(PEPEUSDT)
**Pepe Price Rally Coming? $1.1 Billion Buys the DipâCan PEPE Reach $1?**
Pepe (PEPE) saw a 2% increase, reaching $0.000008195, while the overall crypto market dropped by 4% in the past day.
PEPE is up 12% this week but down 7% for the month. However, itâs still up 1,100% compared to last year.
This recent rise is happening as trade volume nears $1 billion, with large investors (whales) buying more meme tokens recently. This could lead to further price gains, especially as we approach the end of the year when the market typically picks up.
The coin's big move today has renewed interest after a slower week. The relative strength index (RSI) jumped above 60 from 40 earlier today, signaling strong buyer activity. Volume is increasing, and the resistance and support levels are getting closer, which is a positive sign.
After a slight pullback today, PEPEâs price may break out later this week. Following a quiet August, PEPE has been trending upwards, and it seems whales are expecting the token to grow again soon. As one of the best-performing coins in 2024, it has the momentum to finish the year strong.
The overall market outlook has improved, especially with the Federal Reserve's recent rate cut. PEPE could continue to be a favorite among whales, likely outperforming other top meme coins.
Based on current trends, PEPE might reach $0.000010 next week and could hit $0.000015 by the end of the year.#Write2Earn! #PEPEćžćŒè¶
è¶LTC #Write2Earn! #pepe⥠#Write2Earn!
The Inspiring Journey of Binance â€ïž and @CZ
1ïžâŁ Humble Beginnings CZâs story starts in Jiangsu, China, but life quickly shifted when his family moved to Canada at age 12. His father, a professor, faced political exile during Chinaâs Cultural Revolution, and these early struggles taught CZ the value of resilience and perseverance. đ±
2ïžâŁ From Flipping Burgers to Coding While most teens were focused on high school life, CZ was flipping burgers at McDonald's to help support his familyâall while studying computer science. đ» This unique combo of work ethic and tech skills laid the groundwork for his future success.
3ïžâŁ The Crypto Spark In 2013, CZ was introduced to Bitcoin by a friend, and it was love at first sight. He believed in it so strongly that he sold his apartment to invest in Bitcoin! đ đž That bold move solidified his place in the crypto world.
4ïžâŁ The Rise of Binance By 2017, after building his expertise at Blockchain.info and OKCoin, CZ founded Binance. It wasnât just another exchange; with low fees and a user-friendly experience, Binance rose to the top, becoming the worldâs largest crypto exchange in just six months! đđ
5ïžâŁ Overcoming Obstacles CZâs journey has had its share of challenges, including regulatory hurdles and a $40 million hack in 2019. But every time, CZ led with transparency and action, earning the trust of millions of users worldwide. đđȘ
6ïžâŁ Building the Binance Ecosystem Under CZâs leadership, Binance is more than just an exchangeâitâs a full ecosystem! From Binance Smart Chain (BSC) to Binance Academy and Binance Labs, CZâs vision is clear: making crypto accessible to everyone, everywhere. đâš
CZ isnât just leading a company; heâs shaping the future of finance. đđŒ
#CZBinance #BinanceVision #CryptoRevolution #BuildingTheFuture #StayBullish
$SOL $SOL $SOL
{spot}(SOLUSDT)
**SOL Price Analysis and Predictions**âŒïž
SOL has been moving within a clear triangle pattern, narrowing around the $146-$147 range. This often hints at a possible breakout. Since weâve already seen bullish momentum starting at $128, thereâs a good chance the price could push higher if buyers jump in.
The key support at $140 has been reclaimed, showing that bulls are defending this level. This also supports a strong upward trend. If the breakout happens, we might see SOL move up to the $150-$155 range, where the next resistance is.
But if SOL canât break above this pattern, we could see it pull back to around $144 or even drop to $136, offering better buying opportunities for those waiting.
Overall, Iâm still leaning bullish unless SOL loses support, in which case a dip to previous demand zones might happen.
Let me know in the comments if you want analysis on another coin! đ€#Write2Earn! #solonapumping #Write2Earn! #Solana_Blockchain
#Write2Earn!
đŁđŒđčđđșđźđżđžđČđ đ¶đ đ°đŒđ»đđ¶đ±đČđżđ¶đ»đŽ đź đđŒđžđČđ» đčđźđđ»đ°đ” đđŒ đłđđ»đ±đżđźđ¶đđČ đŒđđČđż $50đ
-
Polymarket, a decentralized prediction markets platform, considers token launch to raise over $50M to potentially help operate its platform. The platform is reportedly in talks to raise $50M, granting investors the right to purchase tokens via token warrants if Polymarket launches them at a later date.
Back in May 2024, Polymarket raised $45M in funding from Founders Fund, Vitalik Buterin, 1confirmation, ParaFi, and Dragonfly Capital.
đŒ Data Credit - Coinmarketcap
đ
đŽđČđ·đ°đœđłđ
đžđżđ
123
Bull Runđđ Explained đ€đ€đ
Bull Run in crypto refers to a period in which the prices of cryptocurrencies rise significantly over a sustained period of time. During a bull run, investor confidence is high, and there's a general sense of optimism in the market, leading to an increase in buying activity. This phase is often driven by positive news, institutional adoption, or technological advancements, and it can lead to significant returns for investors.For example, the crypto market experienced a major bull run in 2017 and another in late 2020, both of which saw Bitcoin and other major cryptocurrencies reaching new all-time highs.#BinanceSquareFamily
#Follow For Moređ°đ°
đïž AMA Announcement đïž
đ Topic: How to Build a Safer BTC Ecosystem đ
đ Date & Time: Sep 26, 2024, 2 PM UTC [HKT: 10 PM]đ° Rewards: $100 USDT in $CTK for 10 winners
đșïžBroadcast on X: @cryptopower26
https://t.co/7dOdpnFveu
đ° Participation Rules:
1ïžâŁ Follow: @ShentuChain
2ïžâŁ Like, Retweet & Submit Your Best Question
3ïžâŁ Join our Telegram group: https://t.co/b2bua5SI7k
đ°Media Partners: @Foresight_News , @JinseFinance
đ Speakers:
- ShentuChain (@ShentuChain ): Ben Roman (@b3yondfi ), Head of BD (-Host-)
- BitCow (@bitCow_AMM ): ZacNL, Head of Marketing
- Bitlayer Labs (@BitlayerLabs ): Charlie Hu (@CharlieHusats ), Co-founder of Bitlayer Labs
đhttps://t.co/s1evhlK8hi
- MicrovisionChain (MVC) (@mvcglobal ):
Xiaohui Liu(@scryptplatform ), Development Head;
Tony Bet (@TonyBet_ ), MVC DAO Committee Member
đhttps://t.co/tgg2nfgxa4
- APRO Oracle (@APRO_Oracle ): Sawyer (@Saeyer_yee ), Head of Growth
đhttps://t.co/kmpKrznWsB
đ Follow @ShentuChain for more updates:
đhttps://t.co/Owo8Xr4kbh
đhttps://t.co/rvn0OSK7jM
ShentuChain OpenBounty, a decentralized Web3 bug bounty platform, connects Web3 projects with white-hat hackers, ensuring mutual benefits for security and rewards.
$XRP $XRP $XRP
{spot}(XRPUSDT)
Crypto Experts Predict Bullish Rise for XRP
Despite XRP's stagnant price recently, crypto experts are forecasting a strong rise, especially with the approaching SEC Ripple appeal deadline, which could drive this upward trend. If no appeal is filed, the legal battle surrounding XRP could finally end.
XRP Predictions from Crypto Analysts:
Crypto analyst Bitlord recently shared on X that XRP is poised for a major breakout, predicting a "parabolic explosion" within 24 hours. He urged investors to keep a close watch on XRP, as timing this move could lead to significant profits.
Another expert, Jackis, also predicted XRP's rise. He posted an inverted chart on X, indicating that a dramatic move is imminent, which could push XRP to $1.
Mikybull Crypto, a well-known XRP bull, suggested that the market might see a move similar to XRP's massive 61,000% surge in 2017. While he doesnât expect that level of growth in the current cycle, he believes XRP has one of the strongest macro charts and could eventually reach $45, though not likely in this market phase.
Crypto analyst Egrag Crypto echoed similar thoughts, expecting XRP to hit double digits during the current bull run.
Lastly, Armando Pantoja highlighted XRPâs 7-year bullish pattern. He said this type of setup is extremely rare in his trading experience and expects one of the biggest breakouts of the year. After years of consolidation, he predicts XRP could soar to $4 following this anticipated move.#Write2Earn! #XRP_ETF #Write2Earn! #XRPGoal #Write2Earn!
$ETH $ETH $ETH
{spot}(ETHUSDT)
Ethereum showed an upward fluctuation on September 25. Yesterday, Liying predicted sideways movement, and now Ethereum is priced at 2660, just 10 points higher than yesterdayâs 2650. It seems the market hasnât moved much, but Liyingâs target of 2620 was hit yesterday. Currently, there is a small 40-point gap, with a new target of 2700 in sight. The market is trending upward between 2600 and 2700, with support holding strong as shown by K-lines with long lower shadows.
Looking at technical indicators, the MACD shows that DIF and DEA are flattening, and the histogram has turned positive, suggesting the market has stabilized. This hints that the sideways trend might be ending soon, and we should see a clear direction. RSI14 is hovering around 60, indicating the market could remain volatile in the short term, but this seems unlikely. The EMA trend also supports a bullish outlook, with EMA7 above EMA30, which is above EMA120, meaning short, medium, and long-term moving averages align for upward movement.
Today's key points for bulls:
- Long position at 2600, with a cover point at 2550 and a stop-loss at 2520. Target 2700.
- Short position at 2700, with a cover point at 2750 and a stop-loss at 2780. Target 2600.
Liying believes that 2600 has strong support, making it a good entry point for bulls, with good stop-loss protection. Meanwhile, 2700 has proven to be resistance twice before, making it a good level for shorting.
This analysis is for reference only; trade at your own risk.#Write2Earn! #ETHETFsApproved #Write2Earn! #ETHđ„đ„đ„đ„
#Write2Earn!
â ïž Worldcoin Price Gains Ahead of $58M Unlock Event; Is $5 a Potential Peak?
Worldcoin price surges as token unlock event nears. Positive momentum suggests potential gains ahead, positioning Worldcoin for further market growth.
Worldcoin (#WLD ) price has exhibited a strong upward trend recently. The momentum builds as the broader market experiences a surge. As token release events approach, Worldcoinâs value is poised for further increases. Notably, the cryptocurrency has appreciated by 20% over the last week.
đž Worldcoin Price Soars as Market Braces for Unlocks
From September 30 to October 6, 2024, the cryptocurrency market expects significant movements. A substantial $568 million in token unlocks across various projects is anticipated, with Worldcoin (WLD) highlighting the list. An estimated $58.07 million worth of WLD tokens will be released.
This considerable addition to the market supply might alter trading dynamics significantly in the forthcoming weeks. Notably, the last similar event occurred on July 24. Ahead of these token unlocks, Worldcoinâs value is projected to reach approximately $5
đž WLD Price Eyes 180% Surge Amid Positive Momentum
Over the past 24 hours, the Worldcoin price has seen a notable increase of 3.34%, indicating positive momentum in the market. At the time of writing, the WLD price stands at $1.74. Most of the crypto market today is trading in a sideways trend, indicating volatility in the market.
Within the same period, the price experienced a low of $1.66 and a high of $1.80, demonstrating significant fluctuations. The price movement chart shows a gradual climb throughout the day, with some minor dips, but overall, the token has shown resilience and a steady upward trend.
The Moving Average Convergence Divergence (MACD) indicator currently signals a potential positive shift. The MACD line (blue) recently moved above the signal line (orange), indicating a bullish crossover that could suggest an upward upward movement if the trend continues.
{spot}(WLDUSDT)
đ Top 5 Biggest Gainers Today! đ„
These coins are experiencing strong upward momentum in the market today. Letâs take a look at the top-performing tokens and why they are gaining traction:
1. Sei (SEI) â $0.4577 (+25.91%)
Sei leads the market today with a massive 25.91% gain. Sei is a Layer 1 blockchain optimized for high-speed trading, drawing attention for its scalability and low fees.
2. Bonfida (FIDA) â $0.3633 (+23.57%)
Bonfida, an all-in-one platform for decentralized trading on Solana, is seeing a strong 23.57% gain. Its utility in the Solana ecosystem is driving today's growth.
3. Enka Network (ENA) â $0.3348 (+20.00%)
Enka Network is up by 20% today. The project focuses on providing decentralized infrastructure, and its recent surge is likely fueled by growing interest in decentralized services.
4. Phoenix Global (PHB) â $1.74 (+19.08%)
Phoenix Global, a platform aimed at building smart business applications, has seen a 19.08% rise. PHB continues to gain traction as businesses look for blockchain solutions.
5. Dogwifhat (WIF) â $1.98 (+15.49%)
Dogwifhat, a meme-based token, is continuing its upward momentum with a 15.49% gain. Its meme appeal and strong community are pushing it higher in todayâs market.
These projects are showing strong momentum in todayâs market, making waves across DeFi, blockchain infrastructure, and meme culture. đ
#SEI #FIDA #ENA #PHB #WIF
$BTC $BTC $BTC
{spot}(BTCUSDT)
**BTC 1-Hour Chart Analysis (As of September 25, 2024)**
**Price Movement Overview:**
Recent Bitcoin candlestick patterns have shown strong upward momentum, particularly from September 19 to September 24, with frequent bullish breakouts.
The latest peak hit $64,666 (on the morning of September 25), while the lowest point was $62,688.2 (on September 24).
**Technical Indicators:**
- **MACD**: The MACD lines are positioned above the zero line, with DIF and DEA lines continuing to widen, suggesting strong bullish market conditions.
- **RSI**: Currently around 57.3, close to overbought territory but still with room for further upside.
- **EMA**: The short-term EMA (7) is leading, followed by the medium-term EMA (30) and long-term EMA (120), forming a clear bullish alignment, providing solid support for price increases.
**Volume Observation:**
On September 24, trading volume surged to 236,988, signaling heavy buying pressure and pushing the price higher. By 8 AM on September 25, volume dropped to 3,480, indicating a possible short-term technical correction.
**BTC 1-Hour Technical Outlook: Bullish**
**Trading Strategy Suggestions:**
- **Buy Entry Point 1**: $63,500 (near a recent low, supported by the EMA30).
- **Buy Entry Point 2**: $63,000 (psychological level close to the previous low).
- **Stop Loss for Buy**: $62,750 (250 points below Buy Entry 2 to manage risk).
- **Sell Entry Point 1**: $64,500 (close to the recent high of $64,666, potential selling pressure).
- **Sell Entry Point 2**: $65,000 (key psychological resistance level).
- **Stop Loss for Sell**: $65,250 (250 points above Sell Entry 2 to avoid false breakouts).
These are just personal opinions for reference.#Write2Earn! #bitcoinâïž #Write2Earn! #BTCâ #Write2Earn!
đ Top 5 Biggest Losers Today đ
Here are the top 5 coins experiencing the largest drops in the market today. Letâs see which projects are struggling:
1. COTI (COTI) â $0.12428 (-4.73%)
COTI is leading the losses today with a 4.73% decline. As a fintech platform designed to build decentralized payment networks, COTI is facing some market pressure despite its innovative technology.
2. Aave (AAVE) â $164.80 (-4.26%)
Aave, one of the most well-known decentralized lending platforms in DeFi, is down by 4.26%. Market volatility is affecting the DeFi space, leading to todayâs dip in AAVE.
3. Aergo (AERGO) â $0.1111 (-2.80%)
Aergo, a blockchain platform for enterprise solutions, is down 2.80% today. Despite its focus on scalable business applications, itâs struggling with market performance.
4. Injective (INJ) â $21.63 (-2.61%)
Injective Protocol, a decentralized exchange for cross-chain trading and derivatives, is facing a 2.61% decline. The platform remains strong, but todayâs market has pushed its price down.
5. Celestia (TIA) â $6.52 (-2.40%)
TIA, the token for Celestiaâs modular blockchain, is down 2.40%. Despite its ability to create scalable blockchain applications, TIA is experiencing a minor dip today.
These projects are facing challenges today, but the crypto market can shift quickly! đ
#COTI #AAVE #AERGO #INJ #TIA
Savvy #Crypto Traders Are Betting on These #Altcoins âAre You Missing Out?
Trading volumes for altcoins have surged, and there's been a significant shift away from #Bitcoin
đ1-12) One of the most crucial elements of successful investing is recognizing when market themes and narratives have shifted. Many investors cling to outdated perspectives, even after events or decisions that fundamentally alter the landscape. Savvy investors, however, are quick to spot these shifts and capitalize on emerging narratives. They often profit as latecomers drive prices higher.
đ2-12) Since mid-March, Bitcoin has undergone a volatile correction characterized by four lower highs. A breakout above the $65,000 level would signal a reversal of this downtrend, suggesting that Bitcoin could again target levels above $70,000. As our previous reports highlighted, Bitcoin will likely reach new all-time highs in Q4. A shift in the investment landscape has sparked a surge in the pursuit of high-risk, high-reward assets.
đ3-12) Full report: https://mail.10xresearch.co/p/savvy-crypto-traders-are-betting-on-these-altcoins-are-you-missing-out
#SOL #ETH #ENA #SUIđ„đ„đ„đ„
Cryptocurrencies resumed their rebound from their big sell-off earlier in the week, with bitcoin topping $60,000 late Thursday.
The price of the flagship cryptocurrency was last higher by 11% at $61,232.36, according to Coin Metrics, rising above the $55,000 floor that has supported it for much of this year.Ether advanced 12% to $2,644.90, after leading declines in cryptocurrencies and related stocks Wednesday. Both coins are still on pace for weekly losses.
Shares of Coinbase and MicroStrategy gained 7.5% and 9%, respectively. Both were higher in after-hours trading.
The market is trying to find its footing after it tumbled on Monday, as the unwinding of the yen carry trade deleveraged markets and U.S. bond yields rallied on fears of a recession. Bitcoin briefly fell below $50,000 after trading near $70,000 in the week prior. Worries kicked in late last week, however, following the weaker-than-anticipated July jobs report.
"Macro is taking the front seat for the next month or two," said Ryan Rasmussen, an analyst at Bitwise Asset Management. "From rising tensions in the Middle East to the implosion of the yen carry trade to the fear of a recession in the U.S., everyone is worried about it and when the next shoe will drop."
August was always expected to be a month of choppy trading for crypto. Until these worries subside, Rasmussen said, most institutional investors are likely to prioritize their equity portfolios over the 1% to 5% they have allocated to crypto.
"Multiple forces and reactions are causing a sideways bounce in the crypto market, said Bitcoin IRA cofounder and chief operating officer Chris Kline. "Crypto continues to feel malaise, mostly from investors taking a wait-and-see approach on whether the Federal Reserve will cut rates and if this recent correction is just a blip or cause for more concern."
Bitcoin is up nearly 44% for the year.$BTC
đ Once, a guy traded 10,000 BTC for 2 pizzas.
đ€ Wonder if he kept any of that Bitcoin?
đ
Back in 2010, a developer named Laszlo Hanyecz made history by purchasing two pizzas for 10,000 BTC.
đ° At that moment, those coins were worth just $41.
đ Fast forward to today, with Bitcoin sitting around $70k, those pizzas would now be worth a staggering $700 million! Thatâs some pricey đ!
đ May 22 is known as âBitcoin Pizza Dayâ in the crypto world to celebrate this moment.
â But does he still hold any BTC?
đ€« Laszlo hasnât disclosed if he kept any of the original 10,000 BTC. He could be a quiet millionaire now, but weâll never know for sure.
đ Personally, I think he might still have some BTC. Unfortunately, many sold too early and missed out on the gains.
đ Others lost their keys or passed away, leaving their Bitcoin locked up forever.
đ· Image below: "What 10,000 BTC bought in 2010 vs. 0.0015 BTC in 2024"$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
$BNB
{spot}(BNBUSDT)