đ Bitcoin Enthusiasts: Psychos or Pioneers? đ
A recent study from the University of Toronto and the University of Miami has sparked a lively debate in the crypto community! According to the research, Bitcoin holders are more likely to exhibit "dark tetrad" traits like narcissism and psychopathy. But wait, there's more! đ§
Despite these findings, Bitcoiners are also shown to be more educated, wealthier, and more religious. This duality paints a complex picture of the average crypto enthusiast. đ§ đ°
So, are Bitcoin fans really psychopaths, or just misunderstood visionaries? The debate continues! đđ
PĂ©rdida Millonaria en Criptomonedas: La Estafa de la Moneda "Mbappe" en Twitter:
Un operador de criptomonedas recientemente perdiĂł mĂĄs de 1 millĂłn de dĂłlares en menos de una hora en una situaciĂłn que ha sacudido al mundo de las criptomonedas.
⹠¿Qué ocurrió?
Un hacker logrĂł acceder a la cuenta oficial de Twitter de Kylian MbappĂ©, la estrella del fĂștbol mundial, y aprovechĂł la oportunidad para promocionar una nueva criptomoneda llamada "Mbappe", supuestamente lanzada en la red de Ethereum (ETH). La publicaciĂłn, que parecĂa autĂ©ntica, atrajo rĂĄpidamente la atenciĂłn de miles de personas.
âą La Tragedia del Operador
Un operador de criptomonedas, engañado por la apariencia legĂtima de la publicaciĂłn, decidiĂł invertir fuertemente en esta nueva moneda, comprando mĂĄs de 1 millĂłn de dĂłlares en "Mbappe". Sin embargo, en menos de una hora, la moneda sufriĂł un desplome catastrĂłfico, pasando de valer 1 millĂłn a apenas 9,200 dĂłlares.
SOL/USDT Near Critical Support
$SOL
{future}(SOLUSDT)
{spot}(SOLUSDT)
The #SOL/USDT pair on Binance's 4-hour chart is currently trading around $136.56. The price is below the 200-period moving average (MA) at $149.85, indicating a bearish trend over the longer term. The price is also near the Volume Weighted Average Price (VWAP) of $137.38, suggesting a neutral stance in the market without a clear directional bias.
VWAP (Volume Weighted Average Price): At $137.38, just slightly above the current price, indicating that the price is near its average volume-weighted level, which suggests a balanced market with no significant upward or downward momentum.
RSI (Relative Strength Index): The RSI is at 35.25, which is below the neutral 50 level, indicating slightly bearish momentum. However, it is not yet in the oversold territory, suggesting the potential for further downside before a reversal might be expected.
MACD (Moving Average Convergence Divergence): The MACD is showing a bearish crossover, with the MACD line below the signal line and the histogram in negative territory. This suggests bearish momentum and the potential for further downside if the current trend continues.
Resistance Levels:
The immediate resistance level to watch is around $140.00. A breakout above this level could lead to a further rise towards the next significant resistance zone around $150.00.
Support Levels:
On the downside, the primary support level is near $130.00. A break below this level could lead to further declines towards the next support zone around $120.00.
Disclaimer:
The information provided in this analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments are volatile and carry a high risk. Always perform your own research before making any investment decisions.
#SolanaUSTD #6thTrade #BinanceBlockchainWeek #MarketSentimentToday
The crypto market has taken a sharp downturn, as reflected in the latest price action. Leading the losses are tokens like $SLF , $FLOKI , and $HARD , all of which have seen double-digit percentage drops in the past 24 hours. This decline appears to be driven by a combination of factors, including profit-taking after recent rallies, macroeconomic uncertainties, and a broader market sentiment shift.
{spot}(HARDUSDT)
SLF is down by 22.73%, FLOKI has dropped 20.22%, and HARD has lost 14.85% of its value. These significant declines signal a potential risk-off sentiment among traders, where they are moving away from riskier assets due to concerns over global economic stability and regulatory scrutiny in the cryptocurrency market.
On the other side, some tokens like $RDNT and $SUN have managed to stay in the green, with $RDNT up 11.33% and $SUN up 5.63%. These gains could be attributed to specific positive developments, such as $RDNT's recent investment from Binance Labs, which has fueled optimism about its future growth.
Traders should exercise caution in this volatile environment. For those considering new positions, it may be wise to wait for clearer signs of market stabilization before entering. Alternatively, short-term traders might find opportunities in these sharp movements, but this comes with higher risk. Keep an eye on key support levels, as a break below could signal further downside pressure across the market.
{spot}(SLFUSDT)
$TNSR
{spot}(TNSRUSDT)
{future}(TNSRUSDT)
The pair on Binance's 4-hour chart is currently trading around $0.3114. The price is below the 200-period moving average (MA) at $0.3732, indicating a bearish trend over the longer term. The price is also near the Volume Weighted Average Price (VWAP) of $0.3144, suggesting a slightly bearish market sentiment with a tendency towards the lower end of the average price range.
VWAP (Volume Weighted Average Price): At $0.3144, slightly above the current price, indicating that the price is trading below its average volume-weighted level, which could suggest mild downward pressure or a tendency towards selling.
RSI (Relative Strength Index): The RSI is at 39.12, which is in the lower range, indicating that the market is approaching oversold territory. This suggests weakening momentum with potential for a rebound or stabilization if selling pressure decreases.
The MACD shows a bearish crossover, with the MACD line below the signal line and the histogram in negative territory. This suggests continued bearish momentum unless there is a significant change in market dynamics.
Resistance Levels:
The immediate resistance level to watch is around $0.3500. A breakout above this level could lead to a further rise towards the next significant resistance zone around $0.4000.
Support Levels:
On the downside, the primary support level is near $0.3000. A break below this level could lead to further declines towards the next support zone around $0.2500
Disclaimer:
The information provided in this analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments are volatile and carry a high risk. Always perform your own research before making any investment decisions.
#6thTrade #BinanceBlockchainWeek #Market_Update #MarketSentimentToday
The crypto market is currently in a bearish trend, showing a bearish market structure. A double top pattern has formed, indicating a potential reversal, and there has been a reaction in the imbalance and at a key resistance level. A strong bearish engulfing candle followed, signaling a breakout to the downside. Liquidity was taken out on the 4-hour chart, suggesting further downward movement. Cryptocurrencies have been declining, and this downturn is making headlines everywhere.
#Market_Update #downtrendBTC #BTCâ
đ±đ„ Watch These 3 Altcoins â They Could See Major Gains Soon đ€
1. Solana (SOL):
{future}(SOLUSDT)
Solana ($SOL), the fifth-largest cryptocurrency in the world, is currently trading near a key support level of $127. Since March 2024, SOL has been fluctuating within a parallel channel between $125 and $190. Now at the lower end of this channel, historical trends suggest a strong possibility for a 40% increase, potentially reaching $190, the channel's upper limit.
2. XRP (XRP):
{future}(XRPUSDT)
Following a significant legal win against the U.S. Securities and Exchange Commission (SEC), XRP is drawing considerable attention from investors and traders. Itâs currently trading above the 200-day Exponential Moving Average (EMA), indicating an ongoing uptrend. With a bullish inverted head-and-shoulders pattern and a double-bottom formation on the price charts, XRP could see a surge of over 30%, potentially climbing to $0.74, especially if market sentiment turns positive.
3. Dogwifhat (WIF)
{future}(WIFUSDT)
Dogwifhat ($WIF), the fourth-largest memecoin, has experienced a steep 68% decline from its all-time high due to bearish market conditions. Currently, WIF is trading near a crucial support level of $1.40. Since June 2024, every time WIF has approached this level, it has rebounded by at least 30%. Based on past price behavior, WIF has the potential to jump by a minimum of 30% and could even see a rise of up to 90%, possibly reaching $2.92 in the near future.
#BinanceBlockchainWeek
Telegram's 2023 financial report reveals the app held $400 million in crypto assets by the end of last year. Telegram had around four million premium users at that time, and now it has over five million. Despite an operating loss of $108 million, the app earned $342.5 million in revenue, with 40% coming from crypto-related activities.
Telegram also recorded $11.66 million in in-app revenue in early 2024. The report highlighted that the company earns from an integrated wallet for crypto transactions and from selling collectibles like usernames and virtual phone numbers.
Recently, Telegram CEO Pavel Durov was arrested on serious charges, which affected the value of Toncoin (TON), Telegramâs cryptocurrency. Despite a price drop, some believe TON could rebound if the market views the arrest as a minor issue.
#newsaboutcrypto #CryptoNewss #TelegramDown
A whale or institution recently made a notable move by unstaking and withdrawing 139,532 SOL, valued at $19.5 million, two days ago. They then deposited 139,447 SOL ($19.5 million) to Binance over the past two days, incurring a loss of $5.5 million.
Previously, the whale had withdrawn 138,894 SOL ($25 million) from Binance on July 22, when the price was $180.
Address: FkVrBgZmSUaaNrXsFtrKxVCX34urEMxpBvyRETtPyXEs
$SOL #solæżć
{future}(SOLUSDT)
đ **Crypto News Flash!** đ
**IntelMarkets Raises $180K in Days!**
- IntelMarkets (INTL), an AI-driven trading platform, has raised $180K in just a few days.
- This surge has overshadowed big projects like Chainlink (LINK) and Aptos (APT).
**Chainlink (LINK) Listed on Hashkey Exchange**
- LINK, a decentralized Oracle network, is now available to Hong Kong retail investors on Hashkey Exchange.
- LINK's price is above $11, with potential to rise above $20.
**Aptos (APT) Integrates Nillion for Enhanced Privacy**
- Aptos (APT) integrates Nillion, boosting investor trust and privacy.
- APT's price remains stable at $7.15, showing a 15% increase over the past year.
đŹ What are your thoughts on these developments? Share in the comments! đŹ
In September, Solana Breakpoint 2024 approaches, and the price is hovering at $140
In September, the SOL community will gather at Solana Breakpoint to talk about Web3 news and trends.
On September 20 and 21, 2024, the event will be held in Singapore.
With an early Saturday trading price of $136.05, Solana has lost almost 11% of its value during the last week.
Those who own Solana are getting ready for the Breakpoint Conference in Singapore on September 20 and 21. Because it unites the Solana chain's development community and web3 project members, SOL holders can't wait for the event.
Just before a major event, Solana is trading at about $140.
As of this writing (in the early hours of August 31), the price of Solana is $136.05. With a potential 5% loss, the smart contract network token might reach $130, a support level, and seize liquidity. To the altcoin, this is a crucial support level.
A set of red histogram bars appear under the neutral line in the Moving Average Convergence Divergence (MACD) indicator. Between $119.06 and $125.61, SOL's losses might reach the Fair Value Gap (FVG).
Solana might continue advances to $160 if a daily candlestick closes over major resistance at $148, which would disprove the bearish narrative. From a high of $210.18 on March 18 to a low of $110 on August 5, this is the 50% Fibonacci retracement level of the drop.
Many market watchers are banking on Solana Breakpoint 2024 to kick off the current upswing. We should predict a repeat of 2023's results, notwithstanding the possibility that the SOL chain, the meme currency engine, has lost steam. Meme coins may have topped the gains for the first half of 2024, but other industries have been doing better, and traders have probably been more wary because of the economy as a whole.
#PowellAtJacksonHole #Solana #Sol $SOL
{spot}(SOLUSDT)
Blum Airdrop Listing Date: A Big Opportunity for Investorsđ€
Blum Airdrop Listing Date: A Big Opportunity for Investorsđ€
#GravityAlphaMainnet $G
đ **Gravity** is a cutting-edge Layer 1 omnichain smart contract platform designed to optimize cross-chain interactions with greater efficiency, scalability, and security. By minimizing friction, Gravity aims to revolutionize the Web3 experience for both users and developers, paving the way for seamless adoption on a massive scale. đ
Enter G, the powerhouse token driving both the Gravity and Galxe ecosystems. As the gas token, G facilitates all transactions, and soon, it will play a crucial role in securing the network through staking. Beyond just a utility token, G is the backbone of governance, growth incentives, and payments across these ecosystems.
đ **Expanding Beyond GAL**: While G will take over the utilities of GAL, itâs set to expand its reach, offering even more applications and benefits for all users within the Gravity and Galxe ecosystems. Hereâs what G brings to the table:
- **Staking**: By staking G, participants can engage in governance, help secure the network, and ensure the long-term viability of both ecosystems. Plus, G stakers gain access to exclusive rewards from Galxeâs diverse range of applications.
- **Governance**: Governed by the community of **G** holders, the **G DAO** operates as a transparent, secure, and decentralized framework, fostering unity and driving progress among its members. đłïž
- **Transacting**: As the native gas token for Gravity Chain, **G** is essential for executing and paying for all on-chain transactions.
- **Payments**: Within the Galxe ecosystem, **G** is the go-to token for covering fees on various applications like Galxe Quest, Galxe Passport, Galxe Score, Alva, and more.
Step into the future of Web3 with Gravity and G.
đšđšTelegramCEO If I Invest $100 in $PEPE Now, What Will Be My Amount After 2 Years?đšđš
Predicting the future value of any cryptocurrency, especially meme coins like PepeFork (PORK), is highly speculative and uncertain. However, based on current trends and predictions, we can make some educated guesses.
1. Current Price and Predictions: As of now, PepeFork (PORK) is trading around $0.062. According to some predictions, the price of PepeFork could be around $0.000000123 by the beginning of 2025. This suggests a significant decrease, but these predictions are highly speculative and should be taken with caution.
2. Potential Scenarios:
- Bullish Scenario: If PepeFork gains significant traction, community support, and broader adoption, it could see substantial price increases. In this case, your $100 investment could grow significantly.
- Bearish Scenario: If the hype fades and the coin doesn't gain further adoption, the price could drop, potentially leading to a loss on your investment.
Given the speculative nature of meme coins, it's challenging to provide a precise future value. It's essential to do thorough research and consider the high risks involved.
Diversifying your investments and only investing what you can afford to lose is always a good strategy.
#TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole
100,000,000 ADA in Liquidity: Cardano-Based Protocol Shares Update.
PBG.io, a novel decentralized finance protocol in the Cardano (ADA) ecosystem, is going to unlock the access to 100 million ADA in liquidity for its users. Its CEO is sure that PBG.io might surpass all centralized exchanges in terms of accessible liquidity.
Cardano's upcoming protocol is going to outshine Binance, founder says.
With 100 million ADA tokens in liquidity, PBG.io DeFi, a new liquidity farming machine on Cardano (ADA), will create a more resource-effective trading environment than Binance (BNB). Such a statement was shared by Pablo Antonio Bejarano, the CEO of PBGCapital asset manager.
Based on his estimations, PBG.io has all chances to offer 10x deeper liquidity than the world's largest exchange now offers to ADA traders across all pairs available.
He is going to accomplish this with the introduction of decentralized vault portfolios (DVPs), an entirely new DeFi mechanism for on-chain liquidity management.
The protocol has been in development since February 2023. During the beta testing phase that started in April 2024, PBG.io was offering 34% APY in ADA to its liquidity providers.
The project wrote about the collaboration with Anastasia Labs tech auditors and Dedius Network, the first-ever DePIN protocol on Cardano (ADA). However, the exact launch timeline is yet to be disclosed by its contributors.
A $15B Bitcoin storm is brewing, and it could shake the crypto world to its core. With the US government and Mt. Gox set to release a staggering 249,000 BTC this September, brace yourselves for what might be the most volatile month of 2024. The US is sitting on 203,000 BTC ($12.1B), while Mt. Gox is about to distribute 46,000 BTC ($2.7B). This tidal wave of selling pressure could send Bitcoin prices spiraling downward.
Stay ahead of the curve on Binance and navigate the turbulence with confidence.
RAY/USDT Approaching Oversold Conditions
#RAY/USDT $RAY
{spot}(RAYUSDT)
The RAY/USDT pair on Binance's 4-hour chart is currently trading around $1.531. The price is below the 200-period moving average (MA) at $1.796, indicating a bearish trend over the longer term. The price is also near the Volume Weighted Average Price (VWAP) of $1.544, suggesting a slight bearish momentum in the market.
VWAP (Volume Weighted Average Price): At $1.544, slightly above the current price, indicating that the price is slightly below its average volume-weighted level, suggesting a bearish bias.
RSI (Relative Strength Index): The RSI is at 38.10, which is in the lower range, indicating that the market is approaching oversold conditions. This suggests potential bearish momentum but also the possibility of a bounce if it becomes oversold.
MACD (Moving Average Convergence Divergence): The MACD shows bearish momentum with the MACD line below the signal line and the histogram in negative territory. This suggests a continuation of bearish momentum unless a reversal occurs.
Resistance Levels:
The immediate resistance level to watch is around $1.600. A breakout above this level could lead to a further rise towards the next significant resistance zone around $1.687.
Support Levels:
On the downside, the primary support level is near $1.505. A break below this level could lead to further declines towards the next support zone around $1.400.
Disclaimer:
The information provided in this analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments are volatile and carry a high risk. Always perform your own research before making any investment decisions.
#6thTrade #BinanceBlockchainWeek #Market_Update #MarketSentimentToday
đ„đ„ GRAVITY CHAIN đ„đ„â
Gravity, a Layer 1 omnichain smart contract platform, is revolutionizing Web3 interactions. As a supporter of Gravity, Iâm excited to share my insights on the future of the Gravity ecosystem.
Benefits and Rights of G Holders:
Participate in Governance: Shape the future of the ecosystem. đNetwork Security: Contribute to the sustainability and security of the network. đ
Exclusive Rewards: Access unique incentives and rewards. đEcosystem Growth: Drive progress and innovation within the ecosystem. đ
Priority Access: Enjoy early access to new features and services. đ ïž
Staking Rewards: Benefit from staking rewards and potential token appreciation. đ°
Future Prospects for Gravity Chain:
Seamless Interactions: Enable efficient, scalable, and secure cross-chain interactions. đEmpowerment: Empower users and developers within the Web3 space. đȘMass Adoption: Support the complexity and scalability needed for widespread adoption. đIndustry Expansion: Expand into new industries and use cases. đEcosystem Integration: Integrate with other ecosystems and platforms. đ€
User Experience: Enhance user experience and interface. đ„ïžSecurity and Performance: Continuously improve security and performance. đĄïž
Future of Galxe Powered by Gravity:
Community Engagement: Enhance community management and engagement. đ„
Social Impact: Develop innovative solutions for social impactđ±
Inclusive Growth: Promote inclusive and equitable growth. đ
Application Expansion: Expand applications and utilities. đAdvanced Analytics: Provide advanced analytics and insights for communities. đ
Product Integration: Seamlessly integrate with other Galxe products.
đUser Experience: Enhance user experience and interface.đ„ïž
Community Growth: Introduce new features and services for community growth. đ
Share Your Thoughts: Letâs Shape the Future Together!
Join the conversation and share your insights on the Gravity ecosystem. Together, we can unlock a better future for Web3. #GravityAlphaMainnet $G đ
đ AnĂĄlisis de PEPE/USDT:
En el grĂĄfico, observamos que el precio estĂĄ oscilando entre dos puntos clave: un nivel de soporte y otro de resistencia. El nivel de soporte se encuentra aproximadamente en los 0.00000710 USDT, mientras que el nivel de resistencia estĂĄ en 0.00000885 USDT.
Actualmente, el precio se encuentra en un estado de consolidaciĂłn. Es posible que, en el futuro, rompa alguno de estos niveles, lo que podrĂa indicar el inicio de una nueva tendencia, posiblemente alcista. No obstante, es importante recordar que siempre debes hacer tu propia investigaciĂłn (DYOR). Si tenĂ©is alguna pregunta me la podĂ©is hacer en los comentarios.
Vitalik Buterin, Ethereum's co-founder, is back in the spotlight amid rumors of selling large amounts of ETH. đ Buterin clarified that his actions are for the Ethereum ecosystem and philanthropy, not personal gain. He hasn't sold ETH for profit since 2018, focusing instead on supporting Web3 projects and charitable initiatives.
Despite speculation, Buterin transferred $2M worth of ETH to a multi-sig wallet to support the ecosystem, not for personal enrichment. His commitment to Ethereum's sustainable growth remains strong.
Buterin defends Ethereumâs core principles, emphasizing its dedication to decentralized finance and lasting value. His transparency and actions reassure the community of his unwavering support for Ethereum's future. đ
**Vitalik Buterin Reaffirms Commitment to Ethereum Amid Speculation**
Vitalik Buterin, co-founder of Ethereum, has recently addressed rumors regarding the sale of large amounts of Ether (ETH) for personal gain. Buterin clarified that his actions are intended to benefit the Ethereum ecosystem and support philanthropic causes, emphasizing that he has not sold any ETH for profit since 2018.
On August 30, Buterin transferred over $2 million worth of Ether to a multi-sig wallet, sparking further speculation. He responded by stating that these funds are allocated to support Web3 projects, reflecting his commitment to Ethereum's decentralized future.
Buterin also defended Ethereum's core principles against accusations of neglecting decentralized finance (DeFi). He reiterated Ethereum's commitment to permissionless and decentralized systems, aiming to build useful and sustainable applications.
Despite the noticeable decline in his Ether holdings, Buterin explained that this reduction is due to his continuous support for ecosystem-beneficial projects. His transparency reassures investors and supporters that his actions align with Ethereum's broader mission.
As Ethereum evolves, Buterin's vision remains central to its direction, focusing on sustainability, ethical development, and decentralized technologies. His dedication ensures Ethereum's continued prominence in the blockchain world.