#Bitcoin ($BTC /USDT) is displaying bullish momentum, currently trading at $65,750 with a 1.28% gain over the last 24 hours. The price reached a high of $66,500, while the low dipped to $64,660, showing a promising range for intraday traders. Volume indicators highlight significant market activity, with over 31,285 BTC exchanged and $2.06B in USDT trading volume, reflecting strong liquidity. The recent green candlestick surge from a $65,280 low suggests buyers are gaining control, making this an ideal moment for traders to watch for further upward movement or capitalize on short-term scalps within the $65,625 to $65,810 resistance levels. Careful monitoring of market sentiment and volume could offer profitable entry and exit points.
#BTCPredictedNewATH #BTCUptober
🚀 Bitcoin's rally continues! BTC hit $66K for the first time in three weeks, trading between $65.2K and $65.8K. The broader crypto market is up 1.5%, with Bitcoin ETFs seeing $556M in inflows, the highest in over four months. Fidelity's FBTC led with $239M. Traders on Polymarket are betting a 64% chance of BTC hitting a new all-time high in 2024. 📈
Meanwhile, SingularityDAO is merging with Cogito Finance and SelfKey to form Singularity Finance, focusing on tokenizing the AI economy. Exciting times ahead! What are your thoughts on these market moves? Let's discuss! 💬 #CryptoNews #Bitcoin #Blockchain
🚀 Ripple's got news! They've announced exchange partners for their new dollar-denominated stablecoin, Ripple USD (RLUSD). 🏦
- Partners include Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish.
- Ripple CEO Brad Garlinghouse says RLUSD aims to be the "gold standard for enterprise-grade stablecoins."
- Uses: Payments, tokenization of real-world assets, and decentralized finance.
- RLUSD + XRP = Faster, cheaper cross-border payments.
Stablecoins like RLUSD could bridge traditional and crypto economies, boosting global crypto adoption. 🌍
🚀 **Crypto Market Update: Bitcoin ETFs Surge, SingularityDAO Merger, and More!**
- **Bitcoin's Steady Climb:** BTC hit above $66,000 for the first time in three weeks, trading between $65,200 and $65,800. The CoinDesk 20 Index rose by 1.5%, reflecting broader market gains.
- **Bitcoin ETFs Boom:** Inflows reached $556 million on Monday, the highest in over four months. Fidelity's FBTC led with $239 million, signaling strong investor interest.
- **SingularityDAO Merger:** SingularityDAO plans to merge with Cogito Finance and SelfKey to form Singularity Finance, focusing on tokenizing the AI economy.
- **Google Trends Insight:** Search interest for "Bitcoin" has hit a yearly low, reminiscent of early 2024 when BTC surged from $41,000 to $71,500.
💬 **What are your thoughts on these developments? Share in the comments!**
🚀 DeFi & Web 3 Update! 🚀
1️⃣ Bitcoin's back in action, flirting with $66K! 🥳 BTC traded between $65,200-$65,800 in the last 24 hours. CoinDesk 20 Index up by 1.5%! 📈
2️⃣ Bitcoin ETFs saw a massive $556M inflow on Monday, the highest in 4 months! Fidelity's FBTC led with $239M. Is BTC gearing up for another all-time high? Polymarket traders think so with a 64% chance for 2024! 💪
3️⃣ SingularityDAO merges with Cogito Finance & SelfKey to form Singularity Finance, focusing on tokenizing the AI economy. Exciting times ahead! 🤖
What are your thoughts? Drop a comment! 💬
#DeFi #Web3 #Crypto #Bitcoin #Blockchain
**Ripple Announces Partners for New Stablecoin RLUSD**
Ripple is gearing up to launch its dollar-denominated stablecoin, Ripple USD (RLUSD), and has unveiled a lineup of exchange partners to support its distribution. The crypto infrastructure provider has teamed up with major platforms like Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish.
According to Ripple CEO Brad Garlinghouse, RLUSD aims to set the "gold standard for enterprise-grade stablecoins." The new stablecoin will be used for various financial applications, including payments, tokenization of real-world assets, and decentralized finance.
Ripple's payment solution will utilize RLUSD alongside the XRP token to enable faster, more cost-effective cross-border transactions. As stablecoins serve as a bridge between traditional and crypto economies, the introduction of regulatory-compliant options like RLUSD could boost global crypto adoption.
$BTC И вот провалилось совещание стран БРИКС по созданию альтернативы доллару США! На него никто из высоких лиц не прибыл, а риторика была в духе «потом, когда-нибудь»🙃
Все-таки вторичные санкции являются угрозой, а не объединяющей силой. Более того, экономические связи каждой отдельной страны с США теснее, чем внутри альянса.
Индекс $ укрепляется - 103, инфляция уменьшается пока только на бумаге 😈
В Китае продолжает дефляция, что отпугивает инвесторов. Для решения этого требуются огромнейшие вливания, а не те, что сейчас. Снижаются цены на товары, снижаются цены на труд, снижаются доходы, снижаются траты, соответственно — снова снижаются цены на товары и так по кругу. Очевидно, стимулировать нужно не производство, а потребление, а значит эти деньги не пойдут в крипту, как многие думают.
Более того, скоро мы увидим, как Китаю уже не нужны будут такие запасы нефти и газа, им нужен будет Иран (и др) свободными и строящимися на деньги Запада и на излишки производства Китая.
А пока рынки разгоняют вверх для привлечения ликвидности перед грядущими продажами. Будет ли США спасать своего азиатского друга или уже ставка на Индию?
#STRK #APT #SUI #HMSTR #ETH
If you’re paying attention, BLUR and UFT are pulling some interesting moves that can’t be ignored. BLUR is experiencing high volatility, with strong buy pressure signaling potential big news or a whale accumulation. 📊
On the other hand, UFT (UniLend) is catching eyes with a significant breakout from its recent consolidation. 🚀 With more liquidity flowing in, this DeFi gem could see further upside as it moves toward key resistance levels. 💰
If you’re already in, hold tight. If not, time to keep a close eye on these two! 👀 The market’s talking, are you listening?
$BLUR #MarketDownturn #Altcoinseason2024 #NFT #altcoins
{spot}(BLURUSDT)
$UFT
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📊NEAR/USDT Chart 2-hour timeframe analysis
This chart shows a clear Wyckoff Accumulation pattern, indicating a potential bullish breakout. Here’s a professional analysis:
1. Pattern Identification (Wyckoff Accumulation):
• The chart shows typical Wyckoff phases, including:
• PS (Preliminary Support): Initial signs of demand.
• SC (Selling Climax): The lowest point where demand overcomes supply.
• ST (Secondary Test): Confirmation of support levels.
• LPS (Last Point of Support): The final confirmation before a bullish move.
2. Trigger Line: The descending dotted line acts as the resistance. A breakout above this line signals the start of a bullish movement.
3. Point of Interest (POI): The green box marks a key zone where buyers may step in. The price is already hovering above the POI, which can serve as a strong support level.
4. Price Prediction Targets:
• The price seems to be aiming for the following levels:
• $5.412: Initial short-term target.
• $5.609: Second target if momentum continues.
• $5.790: A stretch target if bulls fully take control.
5. Invalidation Level: The 4.600 level below is marked as the “Invalidation level.” If the price falls below this, it could invalidate the bullish structure.
Price Prediction:
Based on this Wyckoff Accumulation pattern and the breakout above the trigger line, the next price target is $5.412, followed by $5.609, with an upper target of $5.790 if the trend remains strong.
$NEAR
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#MemeCoinTrending #BTCBreaks66K #GrayscaleConsiders35Cryptos #BNSOL #BTCUptober
Great Bitcoin (BTC) Success from CME! Famous CEO Explained Its Benefits to Investors!
Bitcoin (BTC) has seen a significant rise in recent days, reaching above $66,000. As the market begins to revive with this rise, CF Benchmarks CEO explained the key benefits of CME Bitcoin Friday Futures trading for investors.
CF Benchmarks CEO Sui Chung noted that CME Bitcoin Friday futures (BFF) were launched on September 30 and recorded over 31,000 traded contracts on the first day.
Stating that with this success, Bitcoin Friday futures (BFF) has become CME's most successful crypto futures startup, Chung said that weekly contracts offer investors more advantages than monthly contracts.
Chung also added that CME Bitcoin contracts allow them to bet on important macro events such as US economic data.
"Bitcoin Friday Futures offers traders a number of benefits, including a lower basis or spread over spot prices, lower rollover costs, and more targeted trading strategies.
The narrow weekly time frame of these contracts typically results in lower basis compared to their monthly counterparts, simplifying trading and analysis of economic data for retail investors.
The shorter duration of these contracts, which are weekly compared to monthly contracts, minimizes the difference between futures and spot prices, providing lower premiums and increasing investors' profitability.
Additionally, retail traders on unregulated offshore exchanges often opt for perpetual futures to match price with the spot market."
🚀 Ripple Labs Gears Up for RLUSD Stablecoin Launch!
Ripple Labs has announced key exchange and market maker partners for its upcoming RLUSD stablecoin at the Ripple Swell 2024 conference in Miami. The firm is awaiting regulatory approval from the New York Department of Financial Services, with President Monica Long stating, "We are operationally ready."
Key partnerships include exchanges like Bitstamp, Bitso, and MoonPay, while Keyrock and B2C2 will serve as market makers. Former FDIC Chair Sheila Bair and ex-Centre CEO David Puth join the advisory board.
What are your thoughts on RLUSD's potential impact? Share in the comments! 💬
🚀 Hold onto your crypto hats, folks! Degen Kamala (DEGKAMA) just launched on Solana and is poised to skyrocket by 19,000%! 🌕
With listings on major exchanges imminent, early investors could see returns rivaling SHIB and DOGE. Currently, you can snag DEGKAMA on Solana DEXs like Jup.ag and Raydium.io.
Got Solflare, MetaMask, or Phantom? Connect and swap Solana for DEGKAMA using its contract address. If not, set up a wallet and get in on the action!
Could DEGKAMA be the next memecoin millionaire-maker? Share your thoughts in the comments! 💬 #DeFi #Web3 #Crypto
🚀 **Bitcoin Futures Open Interest Nears All-Time Highs!**
Bitcoin futures open interest is soaring, nearing record levels at 478k BTC ($31.8 billion). Here's the scoop:
- **Cash-Margined Futures Surge**: Reached an all-time high of 384k BTC ($25.5 billion), driven by institutional activity on the CME.
- **Decline in Crypto-Margined Futures**: Now at an all-time low, making up just 18.5% of total open interest.
- **CME's Dominance**: Captured over 30% market share in October 2023, overtaking Binance.
Why the shift? Cash-margined contracts are less volatile, potentially leading to a more sustainable market. What do you think? Share your thoughts in the comments! 💬
🚀 Ripple Labs is gearing up for the public launch of its RLUSD stablecoin, partnering with exchanges like Bitstamp & MoonPay, and market makers Keyrock & B2C2. The token is "operationally ready," just waiting for the green light from NY regulators. 🌟
With ex-FDIC Chair Sheila Bair and former Centre CEO David Puth on board, Ripple is aiming high! RLUSD will be backed by U.S. Treasuries and dollar deposits, ensuring stability. 📈
Excited for RLUSD? Drop your thoughts in the comments! 💬 Let's discuss the future of DeFi & Web 3! #Ripple #RLUSD #DeFi #Web3
🚀 Polkadot's Q3 Treasury Report Unveiled! 🚀
Polkadot (DOT) has just released its Q3 Treasury report, showcasing a robust balance of $153M, with $109M available for spending. This multi-chain network is making strategic moves, allocating $34M to initiatives in marketing, DeFi tooling, gaming, and business development.
Key Highlights:
- $27M spent in Q3, a significant drop from Q2's $58M.
- Outreach spending decreased, while development and talent costs saw a slight rise.
- First active asset swap: 1M DOT for MYTH tokens, integrating the Mythical gaming chain.
Join the conversation! What do you think of Polkadot's strategic spending? 💬 #Polkadot #CryptoNews
⚡️ Will Bitcoin's Rise Continue?
Yesterday, BTC broke a new two-month high at $66,500, primarily fueled by inflows into ETFs, which saw $556 million, the largest inflow since June. Analyst Kelly Greer of Galaxy Digital noted: “BTC rallied sharply as a break above the 200-SMA sparked renewed interest from call buyers. The most popular of these strikes were the $75-100k calls for the fourth quarter of this year.” Therefore, investors are expecting continued gains above $65k.
🔼 Market sentiment was broadly buying on positive economic data from China and the US, with US stocks hitting new highs.
🧠 Nvidia shares hit a new all-time high, while the AI coin sector grew by 3-10%.
💵 Elon Musk is on track to become the world's first trillionaire by 2027, according to a recent report from Informa Connect Academy.
#BTC #Bitcoin
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$TURBO is hitting Highest value $0.0012479 now strictly downward trend and hit $0.0010933.. To big Dump in $TURBO ...
The $TURBO /USDT chart shows a notable price rally of +26.06%, currently trading at 0.010933 USDT. The 24-hour high reached 0.012479, while the low touched 0.008634, signaling heightened volatility that can be exploited for profit. With significant trading volume (12.35 billion TURBO and 136.89 million USDT), momentum traders might watch for potential reversals or breakouts.
The price recently dipped to 0.010739, but the quick recovery suggests buyers are still active. Traders could look for entries around support zones or capitalize on a breakout if the price retests previous highs near 0.012400. Stay cautious with stop-loss orders to manage sudden shifts.
#TurboOnBinance #turbo #BTCUptober #EIGENonBinance #MemeCoinTrending