$BTC /USDT: UPDATE;
Really, Market is too Fluctuating and $BTC now stuck between $58,783-$59,722. See how much more time $BTC take to break strong support or Strong resistance.. More chance it again break strong Resistance.
Current Price: $59,360
Resistance: $59,722
Support: $58,783
Long Trade:
Consider entering above $59,722, with potential targets at $60,000 and $60,250. Place your stop loss at $59,360.
Short Trade:
Consider entering below $58,783, targeting $58,500 and $58,250, with a stop loss at $59,080.
This analysis takes into account the current market fluctuations, ensuring precise entries for both long and short trades.
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đ„đ„đ„ $PEPE Price at Risk as Whalesđłđłđł Begin to Retreat
PEPE Investors Facing Stagnation
- Currently trading at $0.00000795, PEPE was anticipated to break out from its bullish descending wedge pattern. However, this breakout seems unlikely as investor sentiment remains cautious.
- Network participation has dropped significantly, with investors showing reluctance to engage in transactions. Active addresses have plummeted to a six-month low, as the lack of price recovery provides little incentive for investors to move their holdings.
- Adding to the concern is the behavior of large wallet holders, or whales, whose withdrawal from the network is eroding overall investor confidence. Their reduced participation, especially in high-value transactions worth $100,000 or more, suggests a lack of conviction in the current market conditions.
- In the past two weeks, the average daily transaction volume has dropped by 60%, falling from $83 million to $33 million. This sharp decline underscores the significant influence whale activity has on the broader market.
- If whales continue to remain inactive, PEPE's price will likely see limited growth.
PEPE Price Prediction: Possible Consolidation Ahead
- PEPE's price is currently holding just above the $0.00000775 support level and is attempting to bounce back. The descending wedge pattern suggests a potential 80% rally towards the all-time high of $0.00001725.
- However, given the current market dynamics, a breakout from this pattern seems improbable. As a result, PEPE may struggle to rise above $0.00001000 unless stronger bullish signals emerge.
- On the flip side, if investor sentiment improves, PEPE could flip $0.00001000 into a support level, paving the way for further gains and potentially invalidating the bearish outlook.
Source - beincrypto.com
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Pancakeswap, a leading decentralized exchange, announced via X on Tuesday that it has burned 9,008,476 CAKE tokens, equivalent to $15 million, this week. This token burn is part of the platform's ongoing efforts to manage its token supply and potentially increase the value of CAKE.
However, despite these measures, the broader cryptocurrency market remains under significant pressure. Regulatory uncertainties and market volatility continue to cast a shadow over the sector. Investors should remain cautious as the long-term implications of such token burns are still uncertain in the face of broader market challenges.
Exposing the $122 Million Tech Fraud: A Shocking Scam That Tricked Google and Facebook
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Between 2013 and 2015, a daring Lithuanian con artist pulled off one of the most remarkable scams in tech history, defrauding Google and Facebook out of a jaw-dropping $122 million. This elaborate scheme involved sending fake invoices from a non-existent company, which both tech giants unwittingly paid without a second thought.
Google was swindled out of $23 million, while Facebook lost an astonishing $99 million. The sheer scale of this fraud reveals significant gaps in the financial security measures of these industry titans, showing that even the most sophisticated companies can be vulnerable to well-executed deceptions.
Despite the magnitude of the scam, it eventually came to light, leading to the con artist receiving a five-year prison sentence. However, this case serves as a critical lesson in the importance of rigorous financial oversight and vigilance, even for the largest and most powerful corporations.
Could such a costly mistake happen again? This story leaves us questioning the potential vulnerabilities that still exist in the digital age. As technology advances, so do the tactics of fraudsters, making it essential for businesses to stay one step ahead.
Stay tuned for more eye-opening insights from the world of technology and finance!
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đš Hamster Kombat Airdrop Alert! đčđ„
Get ready to secure your free HAM tokens! To participate in this exciting airdrop, ensure youâre holding the required amount of HAM tokens in your wallet. Donât miss outâstay connected by following Hamsterâs official social media channels on Twitter, Telegram, and more for the latest updates! đŸ
CARV Protocol: Revolutionizing Your Digital Identity
Imagine a world where you have full ownership of your digital footprint. Thatâs the groundbreaking vision behind CARV Protocolâa platform designed to put you in control of your personal data. No longer will big corporations profit from your information without your consent. Instead, CARV empowers you to own, manage, and even monetize your data. đ°
Hereâs how it works: With CARV Protocol, you can securely store your personal data and decide who gets access to it. But thatâs not allâwhen you choose to share your data, youâre not just giving it away; youâre earning from it! đ€ This decentralized system eliminates middlemen, ensuring transparency, fairness, and complete control over your digital identity.
In todayâs world, where data is the new gold, CARV Protocol is rewriting the rules. It offers you the power to protect your privacy, manage your digital presence, and unlock new income opportunities. đ Why just browse the internet when you can truly own your space within it? Take control with CARV and start turning your data into an asset!
If you found this information valuable, donât forget to like, share it with your friends, and drop your thoughts in the comments! đ Your support means everything!
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Mt. Gox transferred 12,000.17 BTC ($709.44M) again 4 hours ago, most likely to #Bitstamp .
In July, #MtGox transferred 95,523 BTC ($6.14B) to #Bitgo , Bitstamp, #Kraken , SBIVCTrade and #Bitbank for repayment.
And MtGox still holds 46,164 BTC ($2.74B).
#Tether ( @Tether_to ) minted 3B USDT in just 1 week
Where did these USDT flow to?
On-chain data shows that 3.22B USDT has flowed from #TetherTreasury to exchanges since Aug 5.
Of these, 1.75B USDT flowed into Kraken, #OKX , #Coinbase , #Binance , and through #Cumberland, and 1.29B USDT flowed into #Kraken through the deposit address"TQef1".
A "diamond hand" whale sold 15K #ETH ($39.66M) again 2 hours ago.
This smart whale withdrew 96,639 #Ethereum ($151.42M) from #Coinbase at $1,567 during the bear market in September 2022 and held it until March 2024.
Since entering the bull market in March, the whale has sold 55K ETH ($176M) at $3,199, leaving 41,639 ETH ($107M).
The total profit on ETH is ~$132M #MtGoxRepayments #BinanceLaunchpoolDOGS