A Trusted Trader’s Account Frozen: The Struggle to Unfreeze a Bank account
My friend has been a Binance user since 2021, primarily trading through Binance’s peer-to-peer (P2P) platform in Indian Rupees (INR). Over the years, he’s built a solid reputation as a trusted trader in the crypto community, with smooth transactions and reliable exchanges. However, out of nowhere, his bank account was frozen recently — and with no notification, explanation, or prior warning.
What made the situation even stranger is that this complaint seemed to originate from a completely different part of the country, roughly 2,000 kilometers away from his actual location. This has raised some serious questions about how this happened?
The Confusion and Frustration
To say he was frustrated would be an understatement. being unable to access his account has impacted him financially and caused a lot of unnecessary stress. he’s now left in a tricky position, wondering if anyone else in the crypto space has encountered a similar problem.#P2PScamAwareness
The $FTT /USDT pair on the 15-minute chart is currently trading at 1.7632 USDT, showing moderate bullish signs. The resistance level to keep an eye on is 1.8817 USDT, where a breakout could lead to further upward momentum.
On the downside, the support level is marked at 1.7501 USDT, which could serve as a stabilizing point against further dips.
For traders looking to enter a position, the current price area could be an entry opportunity. Suggested take profit (TP) levels are as follows: TP1 at 1.7900 USDT, TP2 at 1.8200 USDT, and TP3 at 1.8600 USDT. A stop loss (SL) at 1.7400 USDT is recommended to manage risk.
This setup is designed to capitalize on potential gains from an upward breakout while providing protection against downside risks.
#Therapydogcoin #CryptoAMA #16thBTCWhitePaperAnniv #29thBNBBurn
{spot}(FTTUSDT)
The $CKB /USDT pair on the 15-minute chart is displaying steady upward momentum, with the current price at 0.012489 USDT.
Key levels to watch include a resistance level at 0.012686 USDT, which, if breached, could signal a continuation of the bullish trend. The support level to observe is around 0.012229 USDT, acting as a potential buffer against downward movement.
For those considering a trade, entering around the current price can be a viable option. Set take profit targets as follows: TP1 at 0.012700 USDT, TP2 at 0.012850 USDT, and TP3 at 0.013000 USDT. To manage risk, place a stop loss (SL) at 0.012150 USDT.
This setup provides an opportunity to benefit from a potential breakout while maintaining a safeguard against significant drops.
#Therapydogcoin #CryptoAMA #29thBNBBurn #16thBTCWhitePaperAnniv
{spot}(CKBUSDT)
Sui Crypto Faces Market Downturn Amid Broader Crypto Decline
Sui Crypto has experienced a significant decline, losing 7.92% against the US Dollar in the last 24 hours. The cryptocurrency has also underperformed against Bitcoin and Ethereum, recording losses of 5.62% and 4.75%, respectively. This downturn places Sui Crypto 24.11% below its predicted price for November 7, 2024.
Despite a 2.52% gain over the past month and a remarkable 337.27% increase over the past year, the current market sentiment remains neutral. The Fear & Greed index indicates a "Greed" reading at 69, suggesting that while investors are optimistic, the market may be overvalued.
Technical indicators present a mixed outlook. The 50-day Simple Moving Average signals a bearish trend, with Sui Crypto trading below this level. Similarly, the 200-day Simple Moving Average also indicates a bearish market, as Sui Crypto remains below this long-term trendline.
In conclusion, while Sui Crypto shows potential for a 29.99% price increase in the next five days, the broader market conditions and technical indicators suggest caution. Investors should remain vigilant and consider the inherent volatility of the cryptocurrency market.
Shiba Inu (SHIB).
Shiba Inu (SHIB) has seen notable price changes. In the past week, it fell 2.99%. Over the last month, it rose 6.65%. However, over six months, SHIB decreased 30.21%. This shows the coin's volatility in the crypto market.
Trading between $0.00001557 and $0.00001908, SHIB nears resistance at $0.00002096. A break above this could lead to $0.00002447, offering potential gains of about 20%. If it drops below current levels, support at $0.00001394 or even $0.00001043 may be tested, indicating possible declines of around 15% or more.
Technical indicators are mixed. The 10-day Simple Moving Average at $0.00001744 is below the 100-day SMA of $0.00001823, suggesting short-term bearishness. Yet, a Relative Strength Index of 38.87 and Stochastic of 23.83 are near oversold levels, which might lead to a rebound. The MACD at -0.0000002661 shows mild bearish momentum. Based on this data, SHIB's price could rise if oversold conditions attract buyers or fall if bearish trends continue.
🚀 Hold onto your hats, crypto enthusiasts! Trump Returns (TRUMPRET) just launched on Solana and is set to skyrocket over 18,000%! 🌕 Early investors could see gains like those who got in on SHIB and DOGE before they went viral.
TRUMPRET's upcoming listings on major exchanges will expose it to millions of new investors, driving the price up. Currently, you can snag it on Solana DEXs like Jup.ag and Raydium.io.
Got Solflare, MetaMask, or Phantom? Connect and swap Solana for TRUMPRET now! Let's chat in the comments—who's ready to ride this memecoin wave? 🚀💰
🚨 Breaking News: Trump Loses a Key Swing State – Markets Brace for Volatility! 🚨
Today, November 2nd, Trump has suffered another major blow by losing a critical swing state. Just yesterday, he was in the lead, but now his position has turned, potentially altering market sentiment and heightening risk. Traders, it’s time to prepare for the unexpected—an economic “black swan” event could be on the horizon, bringing the possibility of sharp and sudden market drops.
🔻 Why This Matters to Traders:
This political shift is a reminder that volatility could be just around the corner. Markets are sensitive to changes in leadership, and with uncertainty in play, we might see a "super waterfall" effect—a dramatic downturn that can impact various asset classes.
📊 How to Navigate the Uncertainty:
Stay Vigilant – Keep an eye on market signals and news that could hint at further changes in sentiment.
Hedge Your Positions – Consider diversifying or using protective strategies to shield against potential downturns.
Plan for Volatility – Have a game plan ready for both bull and bear scenarios to quickly adapt to market swings.
🚀 Prepare for the Unexpected: In times like these, it’s crucial to stay informed, act strategically, and remain agile. With volatility looming, calculated moves can make all the difference.
Stay alert, protect your assets, and be ready for anything the market may bring in the coming days!
#DonaldTrumpCoin #KamalaHarris2024 #NovCryptoOutlook #16thBTCWhitePaperAnniv #CryptoPreUSElection
The BNB Foundation has just completed its 29th quarterly token burn, removing over 1.7 million BNB (valued at approximately $1.07 billion) from circulation—a substantial reduction.
Why burn BNB tokens?
BNB is designed as a deflationary token, meaning its supply gradually decreases over time to help support its value. To achieve this, periodic token burns are conducted to permanently reduce the circulating supply.
Following this recent burn, BNB’s current supply stands at 144,099,981.1 BNB. An additional 43,533,387.84 BNB will be burned in future cycles until the scheduled burns conclude.
Will this impact BNB's price?
Price movements depend largely on supply and demand dynamics. When the supply of an asset decreases and demand remains steady or increases, prices tend to rise. Given Binance’s position as the top crypto exchange, demand for BNB is likely to stay strong. With the ongoing reduction in supply and sustained demand, this could positively impact BNB's price over the long term. #29thBNBBurn #16thBTCWhitePaperAnniv #NovCryptoOutlook #CryptoPreUSElection
💥💥 𝑩𝑳𝑼𝑴 𝑻𝒐𝒌𝒆𝒏 𝑳𝒂𝒖𝒏𝒄𝒉 𝑨𝒍𝒆𝒓𝒕 – 𝟐𝟎𝟐𝟒'𝒔 𝑴𝒐𝒔𝒕 𝑨𝒏𝒕𝒊𝒄𝒊𝒑𝒂𝒕𝒆𝒅 𝑪𝒓𝒚𝒑𝒕𝒐 𝑫𝒆𝒃𝒖𝒕 💥💥
The highly anticipated BLUM token, backed by Binance Labs, is set to launch on major exchanges, marking one of the most exciting entries in the 2024 crypto market. Here’s why BLUM is in the spotlight this year and beyond:
💸 Key Price Projections
Listing Range: $0.006 - $0.009 – An attractive entry for early investors aiming to capitalize on launch momentum.
Market Cap at Launch: $1.1 billion – Demonstrating strong initial confidence from the investor community.
Short-Term Target (End of 2024): $0.012 - $0.017 – Growth anticipated as BLUM’s momentum increases.
Long-Term Potential (2025+): Up to $1.10 – Significant upside potential for long-term holders.
🔑 Critical Price Drivers
1. Market Sentiment: A bullish environment could propel BLUM to impressive price levels.
2. Milestone Achievements: As milestones are reached, community engagement is expected to grow, boosting BLUM’s value.
3. Binance Labs Backing: With Binance Labs’ support, BLUM gains credibility and adoption momentum.
🔍 Why BLUM is Generating Buzz
Launch Opportunity: The listing price offers potential for early gains.
Short-Term Momentum: A strong, engaged community could drive price stability and early growth.
Long-Term Vision: BLUM’s roadmap positions it for growth through 2025, with significant upside potential.
💬 Join the Discussion
Are you optimistic about BLUM’s potential? Share your insights, strategies, and projections in the comments!
Stay connected with BLUM’s official channels and follow Binance Labs’ updates for the latest news.
⚠️ Investment Advisory
Given the crypto market’s fast pace, thorough research and responsible investment decisions are essential.
#CryptoAMA #16thBTCWhitePaperAnniv #NovCryptoOutlook #USNFPCooldown #Therapydogcoin
"RichQuack Slashes $QUACK Transaction Tax to 0%: A Game-Changing Move for Enhanced User Experience and Market Growth"
Recently, the RichQuack community has gone into action by adopting a radical shift in the crypto world: the $QUACK tax on transactions has today been cut to 0%. This momentous decision is consistent with the community-oriented spirit that characterizes the project and showcases the aspirations of its people. By scrapping the transaction tax, RichQuack hopes to be able to expand its user pool and improve its integration in the competitive arena of crypto assets.
As such, this tax reduction fits in with the mission of increasing user interactions which is also aimed at enhancing the user experience. What the transaction taxes do, is inaccurately influence new and veteran investors’ viewpoints concerning a token’s worth and its liquidity – both investors and traders alike. With the tax gone, investors can buy, sell and trade $QUACK without worrying about extra costs eating into their profits. This development may make $QUACK attractive to investors who prefer more trade flexibility without the need for additional costs.
RichQuack’s community was able to self-govern and jointly agree after extensive deliberations, leading to the course of action in question. Such movements reinforce the fact that RichQuack is not a financial project only but rather a decentralized ecosystem where all holders are catered to in decision-making. This type of openness and accountability is setting a standard where it will be shown that projects with community participation can be responsive to the demands and expectations of their constituency to a greater extent.
In addition to attracting existing holders, the 0% transaction tax could facilitate listing on more exchanges and other partnerships as well as greater liquidity. These factors together could assist in increasing the level of market activity and enhance the profile of $QUACK within the wider spectrum of cryptocurrency.
#RichQUACK🐤 #SHIB #PEPE #DOGE $PEPE
{spot}(PEPEUSDT)
Analysis Company Makes Prediction for Bitcoin After the US Election: "Even If Donald Trump Wins..."
Cryptocurrency analytics firm QCP Capital has released its latest market analysis, which includes insights into recent economic data and its impact on crypto and traditional financial markets.
According to QCP Capital, Thursday's Core PCE (Personal Consumption Expenditures) data came in slightly ahead of expectations at 2.7% YoY, compared to a 2.6% estimate.
Meanwhile, Friday's Nonfarm Payrolls (NFP) data surprised to the downside, with just 12,000 jobs added, compared to expectations of 110,000.
This led to a recovery in the US Dollar Index (DXY), pushing it to 104.
Despite the weak jobs data, the US unemployment rate remained steady at 4.1% and market expectations for a 25 basis point rate cut in November rose to a 96.4% probability.
Stocks responded positively, closing in the green on Friday on strong earnings from Amazon. U.S. Treasury yields initially fell after the NFP data but then rose to a four-month high as investors remained cautious ahead of Election Week. Meanwhile, Brent and WTI crude oil rose slightly on reports that Iran could launch a retaliatory strike on Israel.
Bitcoin (BTC) reached new all-time highs at the start of the week, reaching $73,600 on Tuesday night in anticipation of Election Week. While BTC put in a strong performance, Ethereum (ETH) fell behind, struggling to break above the $2,700 level.
QCP Capital noted significant inflows into Bitcoin ETFs, with net inflows exceeding $2.1 billion for the week. BlackRock's IBIT fund saw a record net inflow of $872 million in a single day, the highest since its launch in January.
Despite Bitcoin falling below $69,000 yesterday, market interest remained strong, with open interest (OI) for BTC futures and options remaining at $40.65 billion and $25.3 billion, respectively. Short-term implied volatility for both BTC and ETH remained high, rising above 72 vols as traders prepared for Election Week and loaded up on downside protection, as evidenced by higher sell curves.
The $VIB /USDT pair on the 15-minute chart is currently trading at 0.06911 USDT, showing slight bullish potential.
The key resistance level to monitor is 0.07032 USDT, which, if broken, could pave the way for further upside movement.
On the downside, the support level is around 0.06835 USDT, providing a base for potential pullbacks.
For a trade setup, consider entering near the current price with take profit (TP) levels as follows: TP1 at 0.07050 USDT, TP2 at 0.07100 USDT, and TP3 at 0.07200 USDT.
A stop loss (SL) at 0.06780 USDT is recommended to manage risk.
This setup allows for potential gains from a breakout while protecting against downside risks if support levels fail to hold.
#Therapydogcoin #CryptoAMA #29thBNBBurn #USNFPCooldown
{spot}(VIBUSDT)
-MicroStrategy's Bitcoin Strategy: Navigating Profits and Market
Impact-
MicroStrategy has emerged as a significant player in the cryptocurrency world, frequently making headlines with its Bitcoin (BTC) purchases. The company's treasury now holds 252,220 BTC, representing 1.20% of the total Bitcoin supply, positioning MicroStrategy as one of the largest BTC holders in the industry. The current market value of these holdings is around $17.5 billion, underscoring the importance of Bitcoin investments in the company's strategy.
With an average purchase price of $39,000, MicroStrategy has achieved approximately 80% profit as Bitcoin's price has surged. However, this situation also carries inherent risks. The decision on at what price to sell these Bitcoins could significantly impact the market. If MicroStrategy opts for a large-scale sale, it could lead to price volatility and fluctuations.
Given the cryptocurrency market's inherently volatile nature, a substantial sell-off could trigger price declines. This potential for a market reaction, including panic selling from other investors, might further exacerbate the situation.
On the other hand, MicroStrategy's strategy of holding onto its Bitcoins reflects a long-term investment perspective. The company views Bitcoin as a store of value, which may lead it to prioritize retention over immediate sales. Such an approach could foster a more stable market environment.
In conclusion, MicroStrategy's Bitcoin purchases and potential sales are critical to both the company's future and the broader cryptocurrency market. The price level at which the company chooses to sell and the subsequent market effects will be key factors for investors to monitor closely.
#BTC☀ #MicroStrategу $BTC $BTC
{spot}(BTCUSDT)
The $OXT /USDT pair on the 15-minute chart is displaying strong bullish momentum, currently trading at 0.0703 USDT.
The key resistance level to observe is at 0.0715 USDT, which, if broken, could indicate a continuation of the uptrend. The support level to keep in mind is 0.0689 USDT, which could serve as a potential floor for any pullbacks.
For traders considering entry, entering around the current price may be viable, with the following take profit targets (TP): TP1 at 0.0725 USDT, TP2 at 0.0740 USDT, and TP3 at 0.0755 USDT. A stop loss (SL) is recommended at 0.0675 USDT to manage downside risk.
This setup aims to capture the potential breakout while safeguarding against a trend reversal.
#Therapydogcoin #CryptoAMA #29thBNBBurn #16thBTCWhitePaperAnniv
{spot}(OXTUSDT)
How has VCs’ interest in crypto evolved?
In the early days of crypto venture capital, around 2012 to 2017, the landscape was defined by a sense of both wild optimism and uncertainty. VC firms were drawn to the untapped potential of blockchain technology, often investing in networks that promised transformative solutions but lacked substantial frameworks to bring these visions to life.
At this stage, investors frequently prioritized projects based on their potential for explosive growth, overlooking business metrics or the viability of the technology they were producing. The due diligence process was relatively minimal, leading to heightened volatility and, in some cases, project downfalls, even those that garnered substantial funding.
Market excitement led to a culture of speculation, where investments were sometimes made on a gut feeling rather than a thorough analysis of the technology stack or market fit.
This environment attracted not just seasoned VC funds and investors but newcomers eager to participate in what seemed like a gold rush. As a result, projects and networks emerged with ambitious whitepapers and unrealistic promises. Yet few had the expertise and guidance to deliver on their claims.
As the markets matured, the shortcomings of early VC strategies became clear. To save face, many marquee VC firms that had only dipped their toes into blockchain quickly pulled out of the industry altogether. However, this paved the way for a more cautious and strategic approach focusing on real-world applications, infrastructure, and emerging technologies that provided a sense of stability and sustainability to the crypto market.
This shift reflects a broader trend in VC funding where investors increasingly evaluate what a project and network can provide beyond a concrete product or solution. Societal and environmental impact are becoming more important to VCs as they aim to support blockchain projects that bring communities together.
#venturecapital #CryptoNewss
Midnight Evergreen Unveils “The Evergreen” Gaming Platform on Aptos Blockchain 🤩
Midnight Evergreen Technologies has launched The #Evergreen , a groundbreaking publishing platform aimed at reshaping the AA game industry through a deconstructed #MMORPG framework.
This platform will host interconnected games with ongoing player progression and diverse gameplay across various genres and platforms. The first title, The Evergreen: Midnight Market, combines risk-and-reward gaming mechanics with the security and scalability of Aptos’ blockchain, promoting a decentralized, player-driven economy.
This Web3-powered game, in partnership with the #Aptos Foundation, promises immersive experiences and asset interoperability, placing players at the core of an evolving gaming universe.
If you enjoy my content, feel free to tip me ❤️
#Binance
#crypto2024