IT WAS ALL A TRAP đšđ
The recent market downturn was a trap! While retail investors panicked and sold their assets, institutions took advantage of the dip and bought $14 billion worth of crypto. This is a classic example of how the rich get richer and the poor get poorer.
Retail investors sold $1 billion worth of crypto, which is 2.5 standard deviations below the 12-month average. On the other hand, institutions bought $14 billion, which is 2.9 standard deviations above the 12-month average.
The whales are buying the dip, and it's essential to hold onto your assets during market downturns. Panic selling only leads to losses, and it's crucial to have a long-term perspective.
The market is slowly recovering, and we're seeing some green shoots. It's essential to stay calm and hold onto your assets, especially during times of high volatility.
Did you panic sell your assets? Learn from this experience and stay informed to make better investment decisions in the future.
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #BinanceBlockchainWeek #LowestCPI2021
#BinaceSquareCreatorAward
**Trump Dives into DeFi: The Crypto World Shaken**In a surprising move that has sent shockwaves through the cryptocurrency community, former U.S. President Donald Trump has announced his entry into the world of decentralized finance (DeFi). This unexpected development has captured the attention of both supporters and critics alike, as Trump, once a vocal skeptic of cryptocurrencies, now seems poised to leverage the burgeoning DeFi market for political and economic influence.Trump's foray into DeFi comes amid increasing mainstream interest in blockchain technology and decentralized applications (dApps). His involvement is reportedly tied to a new initiative aimed at launching a Trump-branded DeFi platform that will offer users various financial services, including lending, borrowing, and yield farming. According to insiders, the platform is designed to appeal to the millions of Trump supporters who may not have previously engaged with cryptocurrency, creating a new intersection between politics and finance.The announcement has elicited mixed reactions from the crypto community. Some see Trump's involvement as a potential catalyst for wider adoption of DeFi, believing that his influence could bring new users to the space and increase mainstream legitimacy. However, others are concerned about the implications of such a politically charged figure entering the decentralized world. Critics argue that Trump's involvement could lead to increased regulatory scrutiny or even politicize the inherently neutral nature of blockchain technology.Despite the polarized opinions, one thing is clear: Trump's dive into DeFi marks a significant moment in the evolution of the crypto industry. Whether his involvement will ultimately benefit or hinder the growth of decentralized finance remains to be seen, but for now, the world is watching closely as Trump makes his mark on this rapidly evolving sector.#TrumpCryptoSupport #DEFÄ° #CryptoDecision #CryptoNewsCommunity
#BinaceSquareCreatorAward
A notable pundit has recently called Rippleâs XRP âthe biggest scam in crypto,â criticizing its performance amid delays in reaching new all-time highs. Despite being one of the most well-known cryptocurrencies, XRP has struggled to reclaim its previous peaks, which has sparked significant criticism. The pundit pointed out that XRP's legal battles with the SEC and the uncertainty surrounding its regulatory status have contributed to its stagnation. Additionally, they argue that Rippleâs centralized control over XRP and its constant dumping of tokens on the market are red flags for investors.This bold statement has ignited a heated debate within the crypto community, with many defending XRPâs potential as a long-term investment, citing its utility in cross-border payments and recent legal victories. However, skeptics argue that the lack of significant price movement, despite favorable court rulings, indicates deeper issues within the project. As XRP continues to face scrutiny, its future remains uncertain, with investors divided on whether it will ever reach new all-time highs or if it will be overshadowed by other emerging cryptocurrencies. The debate over XRP's legitimacy highlights the ongoing tensions in the rapidly evolving world of digital assets.#XRP_ETF #XRPPredictions #xrpsucess #CryptoDecision
Reasons Why Bitcoin Price Is Pumping Up
Bitcoin price hit a high of $64,955 after Federal Reserve Chair Jerome Powell gave his strongest signal on Fed rate cuts. This triggered an upside momentum in the broader crypto market, with the market cap jumping more than 4% to $2.27 trillion.
Altcoins including ETH, SOL, XRP, DOGE, and other leading crypto also witnessed significant recovery on massive rebound in sentiment. Crypto Fear and Greed Index rebounded from fear (34) to greed (56) in just a day.
Reasons Why Bitcoin Price Is Going Up Today
Bitcoin bulls strongly targeted the $62,000 level this month. BTC price saw a 5% uptrend in the last 24 hours, with the price almost hitting $65,000. Here are the top 5 reasons why Bitcoin price is rising and may rally to a new all-time high in the coming months.
Sentiment Rebound Following FOMC and Jackson Hole Event
Positive hints of Fed rate cuts from the FOMC Minutes and Fed Chair Jerome Powell speech at the Jackson Hole Symposium were primary factors behind the sudden upsurge in Bitcoin price.
Dovish comments from Fed officials such as Neel Kashkari, Alberto Musalem, Raphael Bostic, and Mary Daly and their affirmation on starting Fed rate cuts earlier this week triggered cautious buying by investors. They also agree on potential rate cuts starting in September.
While Powell didnât provide exact indications on the timing or extent of rate cuts, he affirmed that itâs time for a monetary policy pivot amid slowing inflation and weakening of the US labor market. He also added that the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.
Follow Us
Like
Share
Comment
Repost
đ Is Notcoin on an Uptrend? đ
[CLICK HERE TO VOTE EVERYDAY TO RECEIVER FREE USDT AUGOST 29](https://www.binance.com/en/square/profile/jiuspeack)
In the world of digital currencies, Notcoin has emerged as a promising new player. Despite its relatively short history, Notcoin is attracting attention and raising important questions: Is it a good investment now? Does it show signs of an upward trend?
đ Price Trend:
For those tracking Notcoinâs price, thereâs been a gradual increase that might indicate steady growth. However, it's crucial to do thorough research and be aware of the risks associated with new coins.
đĄ Reasons to Invest:
Technology: Notcoin features unique technology that attracts many investors. As it continues to gain popularity, its price might rise.Partnerships: Increased partnerships with other blockchain projects could lead to growth in Notcoinâs value.Market Opportunity: As a new coin, there is significant room for growth if it secures a strong position in the market.
â ïž Caution:
As with any investment in digital currencies, there are risks involved. Sudden price fluctuations and market conditions can affect Notcoinâs value. Make sure to conduct thorough analysis before investing.
đ€ Your Thoughts:
Do you think Notcoin has the potential to be a top-performing coin? Or is it too risky? Letâs discuss! Weâd love to hear your opinions and reasons for supporting or opposing Notcoin.
#crypto #Notcoin #BinanceSquare #CryptoInvestment #Blockchain #InvestSmart
**Meta and Spotify Challenge EU AI Regulations**
Meta and Spotify, two tech giants, are raising alarms over the European Union's stringent AI regulations. In a joint statement, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek criticized the EU's approach, arguing it stifles innovation.
- **Key Concerns**:
- **Privacy Regulations**: Both CEOs claim that strict privacy rules hinder AI development, particularly the use of public data.
- **Global Competition**: They argue these regulations put European companies at a disadvantage globally.
- **Spotify's Perspective**:
- Daniel Ek emphasized that AI is vital for Spotify's personalized user experience and the broader creative ecosystem.
- **Meta's Challenges**:
- Zuckerberg noted that Meta can't train its AI models on public data from Facebook and Instagram due to unclear legislation.
- Meta has delayed releasing new AI models, like the Llama multimodel, due to regulatory uncertainties.
This debate highlights the tension between innovation and regulation in the rapidly evolving AI landscape.
[VOTE AND EARN 5 DOLLARS](https://app.binance.com/uni-qr/cpro/CryptoPrincess?l=en&r=359246578&uc=app_square_share_link&us=more) đ„łđž
PayPal and Anchorage Digital Launch Rewards Program for PYUSD Stablecoin
PYUSD was introduced by PayPal in 2023 as an ERC-20 token on the Ethereum blockchain.
PayPal has partnered with Anchorage Digital to introduce a rewards program for clients holding PayPalâs USD stablecoin (PYUSD).
The initiative applies to clients who use Anchorageâs services or the Porto institutional self-custody wallet to store their PYUSD holdings.
âPYUSD remains fully accessible and segregated in participantsâ accounts on-chain for quick deployment,â the crypto bank said in an announcement.
âImportantly, this program presents a way to earn rewards without rehypothecation, staking, or lending involved.â
PYUSD is Backed 1:1 by US Dollars
PYUSD was introduced by PayPal in 2023 as an ERC-20 token on the Ethereum blockchain, backed 1:1 by US dollars and issued by Paxos Trust Company, a regulated crypto custodian in the US.
The stablecoin aims to compete with other prominent dollar-backed stablecoins like the USD Coin from Circle Internet Financial. #Laraxenteam #laraxen #LaraxenFamily
Sun Token Price Booms 50% Will Billionaire Justin Sun Start the Next Crypto Boom?
The price of a new meme currency dubbed Sun Token (SUN), allegedly named after Tron (TRX) blockchain pioneer Justin Sun, has soared in recent days.
DEXTools reported a roughly 50% 24-hour increase in the SUN token price, bringing its weekly gain to over 200%.
Meme coin's market worth is currently at $640 million. That would make it CoinMarketCap's 6th biggest meme currency.
Sun Token prices skyrocket as Tron launches Sun Pump, a meme currency deployment technology.
Justin Sun's newest meme currency deployment dApp might start the next crypto frenzy.
Does Sun Token Price Explode Signal the Next Crypto Boom?
A Dune dashboard shows that Tron users have issued approximately 34,000 meme coins since the protocols launched a week ago.
Over 13.6 million TRX were generated in protocol fees.
At $0.158 TRX, that's about $2 million in fees.
The rise in meme coin trade, which has lowered the Sun Token price, has benefited the Tron ecosystem.
DeFi Llama reported record Tron day sales of $5 million this week.
That boosted TRX. TRX is up 17% this week and nearing its 2021 highs at $0.18, slightly under $0.158.
Justin Sun's meme currency protocol mimics pump, a viral Solana mechanism.fun.
Sun's successful protocol launch may not spark a fresh crypto market, but it will feed meme coin hysteria.
After the Fed announced a series of rate cuts, meme coin season may heat up.
@JustinSun
#SUN #CryptoMarketMoves #BinanceBlockchainWeek $SUN
{spot}(SUNUSDT)
ApenNFT (NFT) was airdropped to holders of $TRX , $WIN, $JST , $SUN , $BTTC etc in 2021.
This really made many anticipate the listing of the token (NFT) on Binance, infact there was a certain period the token showed outrageous value on Binance, only to be seen as glitch.
Till today the token isn't listed.
With the present bullish momentum of Tron ecosystem, it's a wise thing to get the token in anticipation of the listing.
You are welcome đ€
Bitcoin and Ethereum are experiencing notable market movements today, reflecting ongoing volatility in the crypto space. Bitcoin is currently trading around $59,600, having dropped by 2.3% recently, while Ethereum has fallen by 2.8% to approximately $2,602. This decline is part of a broader trend, with the global cryptocurrency market cap decreasing by 4.59% over the last 24 hours, settling at around $2.11 trillion.
Investors are closely watching these fluctuations, especially with Bitcoin's price hovering near the crucial $60,000 mark. Analysts suggest that if Bitcoin can break above this level, it may push towards $61,000; however, failure to maintain this could lead to a drop towards the $54,000 range. Ethereum's potential correction raises concerns, but the overall sentiment remains cautiously optimistic as the market adjusts to recent developments, including the introduction of spot ETFs that have generated significant interest in both cryptocurrencies
#BlackRockETHOptions
SOL/USDT
1. **Price Movement**: SOL is experiencing an upward trend, currently trading at 156.96 USDT, which is an 8.68% increase.
2. **Moving Averages**:
- The MA(7) is at 155.52, indicating a short-term bullish momentum as the price is above this moving average.
- The MA(25) at 154.59 and MA(99) at 150.00 also suggest an upward trend, as the price has crossed above these averages.
3. **Volume**: The volume seems relatively stable, with 42,272.497 units traded, which supports the price movement.
4. **Indicators**:
- **MACD**: The MACD line is slightly above the signal line, indicating a bullish trend, though itâs not yet strong.
- **RSI**: The RSI(6) is at 84.72, indicating overbought conditions, while RSI(12) at 76.98 and RSI(24) at 70.92 also show overbought levels. This suggests the possibility of a pullback or correction soon.
Shiba Inu Burn Rate Goes Up: Can SHIB Hit $0.01?
Shiba Inu Burn Rate Jumps 1,250%: SHIB To Reach $0.01?
The Shiba Inu burn rate skyrocketed 1,250% on Friday leading to its price briefly surge by 1.6% in the dayâs trade. The latest data from SHIB Burn shows that a wallet has burned 22.7 million tokens while two other wallets have initiated burns of more than 1.3 million tokens.
This development is refreshing, as the burns have dried up recently, with only a few hundred thousand being sent to the dead wallet.
Now that Shiba Inu burns have kick-started, will its price move toward the $0.01 mark? This article will highlight how the burns are essential in pushing SHIBâs price up in the charts.
The burn rate of 1,250% will not drive Shiba Inuâs price toward the $0.01 mark. In the last 24 hours, not more than 32 million SHIB tokens have been sent to the dead wallet.
To clarify, 32 million tokens are worth less than $500, with SHIBâs price at $0.000014.
These make little to no changes to Shiba Inuâs prospects, and the $0.01 milestone is a faraway dream. For SHIB to reach $0.01, burns need to be in trillions, not millions or billions. Yes, trillions of SHIB tokens need to be burned every day for the dog-themed token to even consider moving towards the $0.01 mark.
Explore a realistic price prediction for when SHIB might hit the $0.01 milestone. The prediction is for the long term and requires decades of patience to reach the target.
Waiting for decades is not everyoneâs cup of tea, as life demands that money be withheld for personal reasons. Those who genuinely wait for the long term might reap all the rewards in their lifetime.
#MtGoxRepayments #BinanceLaunchpoolDOGS #shiba⥠#Shibalnu
#BTCâ
{spot}(SHIBUSDT)
{spot}(PEPEUSDT)
{spot}(DOGEUSDT)
$SHIB $PEPE $DOGE
Like and share @CRYPTO_CATY
Vote me guys
Is Everything Starting Over Again? Why Is Bitcoin Rising?
Julio Moreno, who works at CryptoQuant, said the following in his X post on August 24:
Bitcoin demand in the US increased today as the Fed signaled the start of a cycle of lower interest rates.
This view put forward by Moreno was based on the Coinbase Premium Index, which shows the difference between the Bitcoin price on Coinbase Pro and Binance, and the demand difference between investors outside the US and investors in the US.
The indicator was seen to have reached its highest level since July 15 and had a value of 0.0114. While a positive outlook indicates buying pressure, a negative outlook indicates that a sell-off may already be taking place. Just before August 5, when Bitcoin's price fell incredibly and fell below $ 50,000, the Coinbase Premium indicator had fallen below -0.10.
According to data provided by CoinMarketCap, as of writing time, Bitcoin has found buyers at $64,281 after a 5.46% increase since August 23. The price of Bitcoin reached $64,769 last seen on August 2 during the night and then in the morning hours, and then visited $65,000 in the futures market.
Just hours before the announcement that the minutes would be shared by the Fed, Bitcoin was finding buyers around $60,000, and miners were concerned about potential selling pressure due to the cost of Bitcoin mining remaining at $72,224.
Crypto analyst Will Clemente made the following statement on August 23:
There are still 7 days left in the month, but it is impossible to deny that the market has been seeing BTC under $60,000 as value for 6 months.
Elon Musk Sparks Dogecoin Frenzy! đđ€Żđ„đ
[Vote For međ„đŻ](https://app.binance.com/uni-qr/cpro/cryptorider?l=en&r=574488784&uc=app_square_share_link&us=copylink)
đđ„ Elon Musk just set the Dogecoin community on fire with a tweet thatâs got everyone buzzing! In a bold and surprising move, Musk tweeted: *"Dogecoin is the people's crypto."* đđ This simple yet powerful message didnât just capture the attention of crypto enthusiastsâit sent Dogecoin's value skyrocketing!
Muskâs tweet is a game-changer for Dogecoin, the cryptocurrency that started as a meme but has since gained a massive following, thanks in part to Musk's playful endorsements. This latest tweet has reignited excitement and speculation about Dogecoin's future. đđž
The reaction was instant and electric! Dogecoinâs market saw a significant surge as fans and investors scrambled to get a piece of the action. Muskâs endorsement reaffirms his support for the coin, leading many to wonder if this signals even bigger things on the horizon for Dogecoin.
đȘđźThe crypto world is now buzzing with theories about potential new developments, partnerships, or even more endorsements from Musk. High-profile figures like him have the power to create massive shifts in the market, and this tweet is a prime example of that influence.
đđAs Dogecoin fans celebrate this unexpected boost, the entire crypto market is on edge, eagerly waiting to see how this will unfold. Stay tunedâthis could be the next big chapter in Dogecoinâs incredible journey! đâš
{spot}(DOGEUSDT)
#LowestCPI2021 #BinanceBlockchainWeek #CryptoMarketMoves #PowellAtJacksonHole #BinanceHODLerBANANA
đ Momentum Alert! đI've been closely watching $DYM, and itâs finally breaking free from its low-value phase! The gap has been filled, signaling a surge in momentum. We could be on the brink of an exciting new growth phaseâstay tuned for the next big move!But thatâs not all. Iâm eyeing $TNSR and $XAI as well. Both projects are currently undervalued and could be golden opportunities for those in the know. Donât miss out on these potential gems!đłïž Your vote matters! Voting is still open, and your input is crucial. Head to my profile, cast your vote, and help shape the future of the crypto market!đ [Click here to VOTE and Follow on My Profile](#)Your vote is invaluableâletâs make it count!#Write2Earn #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021 #raibasit
$RARE
đŽTrade Signal: $RARE /USDT
đ [VISIT MY PROFILE VOTE FOR ME AND CLAIM YOUR REWARD](https://www.binance.com/en/square/profile/maidah_aw) đ
ENTER SHORT TRADE
Entry Zone: 0.27 - 0.26 USDT
The price is currently in a strong resistance zone, indicating a potential reversal or bearish momentum.
â ïžStop-Loss
0.29 USDT
Set your stop-loss above the resistance zone to limit potential losses.
Immediate Profit Target
Target 1: 0.23 USDT
This is the next support level where you might consider taking some profit. A breakdown below this level could signal a stronger downward trend.
Additional Profit Targets
Target 2: 0.20 USDT
For aggressive traders, this is an additional profit zone based on wave structure predictions. Patience is key.
Chart Insights
This chart follows an Elliot Wave structure, signaling a potential bearish continuation.
The price has tapped into a Fair Value Gap (FVG), offering a strong entry point.
â ïž Risk Management
Always use proper risk management, setting stop-losses according to your risk tolerance.
Potential pullbacks may occur, especially at major support zones. Watch for Wave 3 as it pushes downwards.
#Alpaca #BinanceLaunchpoolDOGS #MtGoxRepayments #BTCâ #Write2Earn!
Support us and cast your vote that will encourage me to create more amazing content for you all đ