NEIRO/USDT Technical Outlook
$NEIRO
{spot}(NEIROUSDT)
{future}(NEIROUSDT)
1. Moving Average (MA) and VWAP:
The 200-period Moving Average on the 4-hour chart is positioned at $0.00195. Currently, the price is trading above the MA, indicating a potential bullish trend. The Volume Weighted Average Price (VWAP) is at $0.00195 as well, which suggests the current price has strong alignment with the average trading volume, potentially acting as immediate support.
2. Relative Strength Index (RSI):
The RSI stands at approximately 53.70, which reflects a neutral momentum, showing no strong overbought or oversold conditions. A move above 60 could strengthen the bullish outlook, while a dip below 40 may indicate bearish sentiment.
3. Moving Average Convergence Divergence (MACD):
The MACD histogram is close to zero, with values at $0.00002218 (MACD line) and $0.00004776 (Signal line). These figures indicate weak momentum; however, a positive crossover in the near future could hint at a bullish reversal, while a negative crossover may suggest a continuation of the bearish trend.
4. Cluster Analysis and Support/Resistance Levels:
The cluster analysis shows strong support between $0.00190 and $0.00195, with higher clustering factors indicating buying interest around these levels. The next significant resistance lies around $0.00210, where previous price action has shown signs of reversal.
5. Bullish/Bearish Scenario:
Bullish Scenario: A breakout above the $0.00210 resistance, with high volume, could see prices rally towards $0.00230 and beyond.Bearish Scenario: If the price fails to hold above $0.00190, there may be a potential decline towards $0.00175 or lower, with increased selling pressure.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile and can result in significant losses. Please conduct your own research and consult a financial advisor before making investment decisions.
Bitcoin Buyers Return: Key Data Supports Bullish Outlook
Three weeks after the Federal Reserve reduced interest rates, Bitcoin is at a tipping point.
Price is over $65,000, laying the way for new highs. Market optimism is rising, with many predicting a big Bitcoin gain in weeks.
CryptoQuant data shows fresh investors buying BTC again, supporting this optimistic view. Fresh cash is good for the market and might lead to more gains as demand grows.
New investors' accumulation periods generally precede price increases, adding to Bitcoin's next move enthusiasm.
The following days will be key as the market recovers and BTC leads. Investors and experts are looking to see whether this momentum may lead to new all-time highs.
Bitcoin Demand Is Up
Bitcoin's increase from $58,800 to $65,600 last week has sparked hope. A strong 12% surge boosted bitcoin market sentiment.
Analysts and investors think this trend will continue, leading to greater rises in the weeks ahead.
An intriguing CryptoQuant graphic was spotted by top analyst and investor Axel Adler. New investor BTC purchases have increased 3% in the previous 10 days, as seen in the graphic.
This increase in new investment activity is essential because it shows new market players' interest in Bitcoin. The figure shows that the realized cap for new investors under one month old is reactive, indicating a positive price appreciation environment.
Since demand grows before prices, fresh investment returns are a market signal. New market entrants have historically caused supply-demand imbalances that raised prices.
As these new investors buy BTC, price pressure may rise, boosting positive sentiment.
Bitcoin's recent price motion and additional money make it a promising cryptocurrency. Investors expect a rise, making BTC an interesting asset in the coming weeks.
Bitcoin is at $65,600 following a 5% gain yesterday, indicating market confidence. The price is attempting local highs above $66,500 while staying above the 200-day MA at $63,336, indicating bullish sentiment.
#BTC $BTC
{spot}(BTCUSDT)
💵🔥 How to Legally Transfer Cryptocurrency Profits to Your Bank Account 💵🚨
Becoming a multimillionaire through cryptocurrency speculation is a dream for many, but cashing out your gains requires caution. Transferring large sums directly to your domestic bank account may raise red flags, potentially classifying the money as an unknown source of income—or even as a criminal act. Fortunately, there are legal and structured ways to transfer your funds. Here’s how you can safely move your cryptocurrency profits back into your bank account.
Option 1: Transfer via BiyaPay Wallet
1. Convert USDT to USD using BiyaPay:
BiyaPay, a licensed U.S. wallet provider, allows users to convert USDT to U.S. dollars seamlessly.
2. Transfer USD to a bank like Wise or OCBC:
Using Wise, you can send funds to banks such as Taobao, Xinxin, or Zhongg Bank, although annual transfer limits apply.
Alternatively, OCBC's 360 account offers the convenience of cash withdrawals in China, bypassing the standard $50,000 limit on international transactions.
While this method involves handling fees and exchange rate fluctuations, it ensures that your money is transferred securely and transparently.
Option 2: Withdraw USDT via Kraken to iFAST Bank
1. Use Kraken Exchange to withdraw funds:
Kraken, a regulated and licensed exchange, allows users to withdraw USDT and convert it to fiat.
2. Transfer funds to iFAST Bank (UK):
Kraken can send your converted funds to iFAST, a British bank, for additional processing.
Although this method is straightforward and legal, you’ll encounter handling fees and exchange rate losses along the way.
A Word of Caution
Even with legal transfer methods, it is wise to consult a legal advisor before proceeding. Regulations vary by jurisdiction, and professional guidance ensures that every step complies with applicable laws, minimizing the risk of penalties.
#USStockEarningsSeason #BTCUptober #BNSOL #GrayscaleConsiders35Cryptos #MemeCoinTrending
🤩💰 𝗨𝗻𝗶𝘀𝘄𝗮𝗽 𝗨𝗡𝗜 𝗧𝗼𝗸𝗲𝗻 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻: 𝗖𝗹𝗮𝗶𝗺 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗨𝘀𝗲𝗿𝘀, 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 𝗣𝗿𝗼𝘃𝗶𝗱𝗲𝗿𝘀, 𝗮𝗻𝗱 𝗦𝗢𝗖𝗞𝗦 𝗛𝗼𝗹𝗱𝗲𝗿𝘀 💥💥
Each address that interacted with Uniswap contracts, including approximately 12,000 addresses with only failed transactions, is eligible to claim 400 UNI.
49 Million UNI for Liquidity Providers
Liquidity providers (LPs) can claim from a pool of 49 million UNI.
LP rewards are calculated based on the total duration (in seconds) the address has acted as a liquidity provider.
1000 UNI for SOCKS Holders
Addresses that have redeemed SOCKS tokens or owned at least one SOCKS token are eligible to claim 1,000 UNI.
These distributions reflect Uniswap’s initiative to reward past participants and contributors, encouraging continued involvement in the platform.
{spot}(UNIUSDT)
#BTCUptober #GrayscaleConsiders35Cryptos #BNSOL #BTCBreaks66K #USStockEarningsSeason
*🚨⚠️🚨Crypto Scam Busted: Delhi Police Seize 100,000 USDT* 🚨
$BTC $BNB $LINK 🌏⤴️🪙
{spot}(LINKUSDT)
{spot}(BNBUSDT)
{spot}(BTCUSDT)
The Delhi Police have cracked down on a fraudulent crypto scheme, M/s Goldcoat Solar, arresting its organizers and seizing over 100,000 USDT (approx. $115,000 USD) 📊.
*Scam Exposed* 🔍
Scammers falsely claimed to represent an Indian government solar energy initiative, convincing investors to fund a plan to expand solar power. They:
- Used fake screenshots of returns to gain trust 📈
- Laundered money through banks 🏦
- Converted funds into cryptocurrency 💰
*Binance Assistance* 🤝
Authorities tracked funds with help from Binance, identifying the culprits. This collaboration highlights growing cooperation between law enforcement and crypto platforms.
*Investor Alert* ⚠️
This scam emphasizes the need for caution and due diligence in crypto investments.
*Key Takeaways* 📝
1. *Increased scrutiny*: Crypto transactions in India under regulatory spotlight.
2. *Collaboration*: Law enforcement and crypto platforms working together.
3. ** Investor caution**: Verify investments, beware of fake schemes.
*Sources*:
¹ CoinTelegraph: "Delhi Police Seize 100,000 USDT from Crypto Scam Founders"
(link unavailable)
² The Economic Times: "Delhi Police busts crypto scam, seizes 100,000 USDT"
(link unavailable)
³ Binance Blog: "Binance Assists Delhi Police in Crypto Scam Investigation"
(link unavailable)
*Stay Informed*:
Follow crypto news and updates
Track regulatory developments in India
Exercise caution with crypto investments
#CryptoScam #DelhiPolice #BinanceSquareFamily #CryptocurrencyCulture #Regulation #India #blockchaintechnolo
$PEPE Price Prediction: Eyes on $0.000015 - BeinCrypto Analytics
The latest data indicates a strong bullish trend for the meme coin PEPE, as reflected in the daily chart. The Money Flow Index (MFI) has surged past the critical 50.00 neutral level, signaling dominant buying pressure. The MFI, which assesses both price and volume, suggests that market participants are currently favoring purchases, indicating a possible overbought condition.
Additionally, PEPE's price is trading above the Ichimoku Cloud, a technical indicator that highlights key support and resistance levels along with overall trend direction. While the coin attempted to break above the $0.000011 resistance level, it encountered rejection and pulled back. Nevertheless, the chart suggests that the uptrend remains intact, with potential for further gains.
Support from the Fibonacci retracement levels reinforces this bullish outlook. Currently, PEPE has solid support at $0.0000089. A successful breakout above $0.000011 could propel the price toward $0.000015. Conversely, if bearish forces reassert themselves at the $0.000011 resistance, we may see a decline to $0.0000067.
Is Elon Musk selling #bitcoin ? Tesla transfers all $760 million of its $BTC to unknown wallets.
How this dump will impact market for #crypto and $XRP ?
XRP price has been caught in a tight trading range over the past two weeks, fluctuating between $0.55 and $0.52. The price has been largely influenced by ongoing developments in the SEC v. Ripple lawsuit, keeping investors on edge. However, a new wave of market uncertainty has emerged as Tesla reportedly transferred 11,500 BTC to unknown wallets.
This move has sparked speculation about a potential sell-off, which could create ripple effects across the crypto market, impacting not just Bitcoin but also altcoins like XRP. The price of Ripple has dropped by 0.7% in the last 24 hours and is trading at $0.54. With volatility on the horizon, the question remains: can XRP withstand the pressure if Tesla decides to liquidate its BTC holdings?
PYTH/USDT Technical Analysis: Key Indicators and Market Outlook
$PYTH
{future}(PYTHUSDT)
{spot}(PYTHUSDT)
Moving Average (MA) and VWAP:
The 200-period Moving Average is positioned at $0.3252, with the price currently trading above it, suggesting a bullish trend in the medium term.VWAP is at $0.3476, indicating that this level may act as a short-term resistance. A breakout above this could lead to further upside momentum.
Relative Strength Index (RSI):
The RSI stands at approximately 67.78, showing a slightly overbought condition. While this indicates strong momentum, a move above 70 could signal potential exhaustion in the rally.
Moving Average Convergence Divergence (MACD):
The MACD histogram is positive, with the MACD and Signal lines at 0.0063 and 0.0071, respectively. This positive reading suggests continued bullish momentum, with a crossover above the Signal line providing additional confirmation of upward momentum.
Cluster Analysis and Support/Resistance Levels:
Key support is observed around $0.3000, with clusters indicating strong buying interest at these levels.Resistance is currently at $0.3700, and a successful breakout above this resistance could pave the way for further gains.
Bullish Scenario:
A breakout above $0.3700, with sustained volume, could trigger an extended rally toward $0.4000 and beyond.Continued trading above the 200-period MA would reinforce a positive outlook, attracting further buying interest.
Bearish Scenario:
A breakdown below $0.3000 could expose the price to further downside risks, potentially targeting support at $0.2800.Failure to hold above the VWAP level could lead to short-term bearish retracement.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency trading is highly volatile and carries significant risk. Please conduct your own research and consult a financial advisor before making investment decisions.
🚀 MicroStrategy Rockets Past S&P 500! 🚀
- MicroStrategy's stock has outperformed every S&P 500 company since August 2020, says Arkham Intelligence.
- Retail investors are loving leveraged Bitcoin ETFs, pushing MicroStrategy's net assets over $400M.
- Crypto analyst Tyler Durden hints at more upside, noting, "The bigger the grey box, the bigger the bounce."
- Despite its stellar performance, don't expect MicroStrategy in the S&P 500 soon. Profits are still a bit elusive.
Hold on to your hats, crypto enthusiasts! This ride isn't over yet! 🚀
🇺🇸 LATEST: Trump’s 2024 Election Odds Surge! 🚀 🇺🇸
In a major political shift, Donald Trump’s odds of winning the 2024 U.S. Presidential Election have jumped to 57.9% on Polymarket, leading Kamala Harris by a significant 16% margin!
🔥 Key Highlights:
Trump’s surge reflects growing confidence from bettors in his potential victory.
Bet volume has skyrocketed, surpassing $1.92 billion, as more participants join the market.
With just over a year until the election, this shift in odds shows the intense volatility in political sentiment and how it's impacting prediction markets.
💡 What Does This Mean for the Markets? Political outcomes often influence traditional and crypto markets alike. A strong Trump lead could signal future economic and policy changes, and the growing volume on Polymarket shows that traders are keeping a close watch. 📊
Are you tracking election odds? Let us know how you're positioning yourself in the market! 🗳️💼
#Trump2024 #Polymarket #ElectionOdds #CryptoTrading #USPolitics
Donald Trump Raises 7.5 Million Dollars in
Cryptocurrency Donations.
A political action committee supporting Donald Trump's presidential campaign raised approximately 7.5 million dollars in cryptocurrency donations from July to September 2024. These donations came from significant cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), XRP, and the US dollar-backed stablecoin USDC.
Cryptocurrency Support Strengthens the Campaign.
The Trump 47 joint fundraising committee reported a significant flow of funds in digital currencies from the beginning of July through the end of September. According to the recent filing with the Federal Election Commission, these donations materialized in forms such as Bitcoin, Ether, XRP, and stablecoins like USDC.
This investment has positioned Trump prominently among leading crypto- supported candidates.
Trump's Shift Towards Cryptocurrency.
This strategic change represents a complete turnaround from Trump's previous skepticism towards digital currencies during his presidency. As the 2024 elections approach, these donations will play a crucial role in boosting Trump's campaign efforts.
Diverse Sources of Donations.
The FEC filing indicates that contributions were collected from more than 15 states, including several battlegrounds and U.S. territories like Puerto Rico. Donations from leading firms like Coinbase, Ripple, and Andreessen Horowitz highlight the crypto community's support for Trump.
Donald Trump became the first major presidential candidate to accept donations in digital tokens. This move illustrates the increasing acceptance of cryptocurrencies in campaign financing.
Trump's shift from skepticism to advocacy for crypto occurred under the influence of industry leaders like David Bailey, CEO of BTC Inc., and Elon Musk. This support culminated with Trump's participation in a major Bitcoin conference, demonstrating his full endorsement of the crypto industry.
Trump's opponent, Kamala Harris, also received a one million dollar donation in XRP from Ripple's chairman Chris Larsen.
🚀 Exciting News from the European Blockchain Convention! 🚀
Giovanni Cunti, CEO of Gate.MT, shared groundbreaking insights at the Barcelona event on Sep 25-26. He highlighted the rising institutional interest in Web3, driven by the upcoming Markets in Crypto Assets (MiCA) regulations.
Key Points:
- MiCA will bring regulatory clarity, fostering growth and stability in the EU's digital asset market.
- New and established players are gearing up for increased involvement.
- Gate.MT plans to expand across Europe, with Malta as its central hub.
Join the conversation! How do you think MiCA will shape the future of crypto in Europe? 💬👇
**MicroStrategy Stock Outshines S&P 500 Since 2020**
MicroStrategy has been on a roll, outperforming every company in the S&P 500 since August 2020. According to onchain intelligence firm Arkham, the company's stock has surged over 1,540% in the past four years, dwarfing the S&P 500's 111% growth.
This impressive performance is partly driven by MicroStrategy's bold move to hold Bitcoin on its balance sheet. Leveraged MicroStrategy ETFs have also gained traction, surpassing $400 million in net assets.
Despite its success, an S&P 500 listing seems unlikely soon due to profitability requirements. Stay tuned for more updates!
ARKM/USDT Price Analysis: Testing Key Resistance Levels
$ARKM
{spot}(ARKMUSDT)
{future}(ARKMUSDT)
Moving Average (MA) and VWAP:
The 200-period MA is positioned at approximately $1.383, with the current price above this level, indicating bullish momentum. If the price continues to hold above this level, it may suggest further upward movement.The VWAP is currently at $1.934, which aligns closely with the recent price movement, implying that buyers are supporting the price around this level. A break above VWAP could reinforce bullish sentiment.
Relative Strength Index (RSI):
The RSI stands at around 60.52, nearing overbought territory but still suggesting strong bullish momentum. If the RSI moves above 70, caution for a potential correction may be warranted.
Moving Average Convergence Divergence (MACD):
The MACD histogram shows positive values, with the MACD and signal lines both above zero, suggesting a bullish trend. A sustained crossover of the MACD line above the signal line could further confirm a bullish continuation.
Cluster Analysis and Support/Resistance Levels:
Strong support is observed around $1.800, where several clusters indicate buying interest.Resistance is expected between $2.000 - $2.100, and this level will be crucial for confirming a bullish breakout if price breaches this resistance zone.
Bullish Scenario:
A continued move above the $1.934 VWAP with sustained volume could propel ARKM towards the resistance zone around $2.100. Trading above the 200-period MA would further confirm the bullish outlook.
Bearish Scenario:
If ARKM fails to hold above the $1.800 support level, it could signal a potential pullback towards $1.600, where further support may be found. A drop below the 200-period MA would suggest a deeper correction.
Disclaimer:
This analysis is provided for informational purposes only and does not constitute financial advice. Cryptocurrency trading involves substantial risk, and readers are advised to perform their own research and consult with a financial advisor before making any investment decisions.
AI, Web3, and Decentralization: How does Web3 impact Generative AI?
Find out on October 30th at @binance #BinanceBlockchainWeek in Dubai! Join Ocean founder @BrucePon and other renowned industry experts including:
🎤 Moderator - Tracy Zhang from @followin_io
@HMsheikh4, CEO of @Fetch_ai
Arni Raghvender, GenAI Director at @awscloud
@xiangrenNLP, Co-founder and CEO of @SaharaLabsAI
📅 Mark your calendars and don't miss out!
The most trending assets on Binance today display strong performance:
$BNB is trading at $598.50, up +2.15%, maintaining a bullish phase with steady gains.
$BTC has risen by +3.65% to $67,869.98, continuing its upward momentum, suggesting high market confidence.
$ETH is at $2,623.81, with a modest gain of +1.02%, indicating possible consolidation.
#NEIRO has dropped slightly by -0.51% to $0.00201841, experiencing a minor correction.
#PEPE is up +2.43% at $0.00001054, showing continued strength in the memecoin sector.
#SOL is also on the rise, gaining +2.00% to $156.57.
#SCR is the top performer, surging +10.97% to $1.36, with strong buying interest.
Overall, the market shows bullish tendencies, with most assets gaining value. Only NEIRO shows a slight decline.
LTC/USDT Price Movement Insights
$LTC
{spot}(LTCUSDT)
{future}(LTCUSDT)
Moving Average (MA) and VWAP
The 200-period Moving Average on the 4-hour chart is around $66.07, with the price currently above this level, indicating a bullish momentum in the short term.The VWAP is positioned at $71.51, slightly above the current price, suggesting that buyers are currently in control, but any move below this level could introduce bearish sentiment.
Relative Strength Index (RSI)
The RSI is at 75.39, which is in the overbought zone, indicating that the price may experience a short-term pullback before any further upward movement.
Moving Average Convergence Divergence (MACD)
The MACD line (0.83) is above the signal line (0.56), with a positive histogram. This crossover indicates that bullish momentum may continue in the near term.
Cluster Analysis
The cluster analysis shows significant interest around the $71 level, with best clusters highlighting factors like [1.5, 3, 3.5]. Average clusters around $66 suggest that any drop below this level could encounter resistance from buyers, and continued trading above this zone could support a bullish outlook.
Bullish: If the price holds above $71.00, there is potential for a further move towards $75.00 and beyond. A consistent trade above the 200-period MA will reinforce this bullish outlook.Bearish: Failure to sustain above the VWAP at $71.51 could lead to a correction down to $66.00 or even lower if selling pressure intensifies.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and unpredictable. Please conduct your own research and consult with a financial advisor before making any trading decisions.
CryptoQuant has unveiled a new on-chain data dashboard for the Bitcoin network, offering a comprehensive suite of tools for analyzing Bitcoin’s on-chain activity. This platform provides real-time insights into various market dynamics, including market demand trends, network activity, Bitcoin ETFs, derivatives markets, and long-term economic data.
Key data categories include Bitcoin Addresses Status, Unrealized Profit and Loss, Realized Cap Status, Macro Picture Data, Spot Bitcoin ETFs, and Bitcoin Derivatives. By leveraging these tools, investors can gain a deeper understanding of Bitcoin's market behavior and make more informed investment decisions.
Visit CryptoQuant’s platform for continuous monitoring and analysis.
🔥5 Chinese tokens for this Bull Run😈♥️♥️♥️
🟠Conflux (CFX): is an innovative L1 blockchain protocol with Proof of Useful Work (PoUW) & the integration of zero-knowledge proof technology, both of which are expected to enhance network performance+security
🟠Filecoin (FIL): aims to provide scalable & safe data solutions as it broadens its impact in the decentralised storage space
🟠Vechain (VET): is making waves in global trade while focusing on solving real-world problems like product authenticity, transparency, & sustainability
🟠Sun (SUN): SUN serves as the utility token for Sun Pump, a meme coin launch platform on the Tron network, similar to Solana’s Pump.fun memecoin deployer
🟠Neo (NEO): NEO is one of the earliest Chinese narrative blockchains aiming to compete with ETH, the platform is building a “smart economy” through which users can manage their assets+digital identities
💬Сhat • 🌐Net • 📹YouTube
CryptoQuant has unveiled a new on-chain data dashboard for the Bitcoin network, offering a robust suite of tools for tracking and analyzing Bitcoin’s on-chain activity. This platform provides real-time insights into market demand trends, network activity, Bitcoin ETFs, derivatives markets, and long-term economic data.
Key data categories include Bitcoin Addresses Status, Bitcoin Unrealized Profit and Loss, Realized Cap Status, Bitcoin Macro Picture Data, Spot Bitcoin ETFs, and Bitcoin Derivatives. These tools enable investors to continuously monitor Bitcoin's market dynamics and make more informed investment decisions.
The introduction of this dashboard signifies a positive development for the cryptocurrency market, enhancing transparency and data accessibility.
🚀 Glassnode and Coinbase have launched their Q4 crypto market report, highlighting key trends and insights. Despite Bitcoin's range-bound price action between $50,000 and $60,000, the market has matured with increased liquidity and sophistication. Institutional interest remains strong, with US Bitcoin spot ETFs seeing $5 billion in net inflows. Ethereum staking hit an all-time high, reflecting growing confidence in its long-term value. Stablecoins also reached a record $170 billion market cap, proving their utility in cross-border transactions. 📊 Download the full report for a comprehensive view of these trends.