$BTC Arthur Hayes: Bitcoin Could Slip to $50,000 â Altcoins Could Dive âInto the Gutterâ
Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could âslowly leak lower towards $50,000â and âaltcoins could dive deeper into the gutter.â Focusing on the impact of dollar liquidity and Federal Reserve policies, Hayes remains cautiously optimistic about the long-term outlook, expecting future monetary easing to benefit crypto.
Arthur Hayes Predicts Challenges for Bitcoin Amid Fed Policy Shifts
Arthur Hayes, co-founder of cryptocurrency exchange Bitmex, discussed his outlook on bitcoin and the broader crypto market in a blog post published Tuesday, outlining several potential scenarios that could affect prices.
Hayes highlighted the sensitivity of BTC to changes in dollar liquidity, noting that âbitcoin initially popped to $64,000 the day of the Powell Payroll Pivot,â but ...
$BTC
đȘ#BTC
đ Despite the breakout of the upper channel boundary on the CME chart, it hasn't occurred on other exchanges. While BTC attempted to break out, resistance from the Ichimoku Cloud and moving averages prevented it from surpassing $65,000.
The second stage of the trend change I mentioned earlier hasn't materialized. Instead, there's an attempt to rebound fully from the upper boundary of the descending channel with increased volume.
âïžIt's important to understand that there are no clear confirmations of any specific movement yet, only expectations. For me, it suggests a rebound from the upper channel boundary and a continuation of the decline within the channel. However, I acknowledge that a full breakthrough of the upper boundary along with dynamic resistances will lead to a trend change in favor of an uptrend.
$BTC
đ„ Is Notcoin Headed for Failure? đ€
With the recent market downturn, thereâs growing concern about whether Notcoin is on the verge of collapsing. Letâs explore some key factors that might affect its future:
Market Performance đ
Notcoin has faced significant losses in recent weeks. While many altcoins experience volatility, Notcoinâs downward trend has been more severe, causing worry among investors. This could indicate deeper structural issues or a lack of market confidence.
Project Fundamentals đ
Every cryptoâs success is tied to its fundamentals. If Notcoin lacks a clear use case, innovative technology, or a strong development team, itâs more likely to struggle. Weak project fundamentals could spell trouble for long-term viability.
Community Support đ
A strong, active community can keep a project alive even during tough times. If Notcoinâs community is losing faith or reducing engagement, this could be a red flag. Community-driven projects often recover faster, but without support, Notcoin could falter.
Competition in the Market đ
Notcoin faces stiff competition from more established cryptocurrencies. If itâs unable to differentiate itself or provide unique value, it may fail to attract new users or investors, making survival difficult in the crowded crypto space.
Development and Roadmap đș
Another critical factor is whether the development team is actively working on new updates and improvements. A stagnant or uncommunicative team could signal that Notcoin is struggling behind the scenes.
Should You Be Worried?
While itâs too early to definitively say that Notcoin is failing, these factors should raise concerns for investors. As always, itâs essential to Do Your Own Research (DYOR) and monitor market trends. If you hold Notcoin, consider your risk tolerance and keep an eye on updates from the project team.
Stay informed, and make smart decisions to protect your investments!
#Notcoin #CryptoVolatility #CryptoRisks #MarketDownturn #Blockchain #AltcoinSeason #DYOR #CryptoCommunity #InvestmentTips
đ How to Calculate Your Hamster Kombat Airdrop Rewards! đčđ°
Hey, Hamster Kombat community! If youâre eager to find out how much you can earn from the airdrop, hereâs a simple guide to help you calculate your rewards:
### Step 1: Understand the Airdrop Criteria
First, familiarize yourself with the specific criteria set by the Hamster Kombat team. This may include:
- Holding a minimum amount of the Hamster Kombat token (e.g., HKMST).
- Participating in certain activities (like staking, trading, or completing tasks).
### Step 2: Know the Total Airdrop Pool
Check the total amount allocated for the airdrop. This information is usually available on official announcements or social media channels.
### Step 3: Determine Your Eligibility
Find out how many eligible tokens you hold and whether you meet any participation requirements. For example, if the requirement is to hold 100 HKMST, ensure you meet that threshold.
### Step 4: Calculate Your Share
Use the following formula to estimate your rewards:
**Your Rewards = (Your Tokens Held / Total Eligible Tokens) x Total Airdrop Pool**
### Example:
- If the total airdrop pool is 10,000 HKMST and you hold 500 HKMST while the total eligible tokens are 50,000:
**Your Rewards = (500 / 50,000) x 10,000 = 100 HKMST
### Step 5: Stay Updated
Follow Hamster Kombatâs official channels for updates on the airdrop distribution timeline and any changes in criteria.
Happy calculating, and may the odds be in your favor! đčâš
Remember to like and share and follow
Concerns about Tether are growing
Tether's opaque operations have raised $118 billion
Scam or just panic? read more âŹïž
Investors are worried about Tether, the largest stablecoin issuer, due to its refusal to undergo an independent audit
With over $118 billion in circulation, concerns about its opaque operations and a potential liquidity crisis, similar to FTX's collapse, are growing
Justin Bons, founder of Cyber Capital, recently highlighted the risks of Tether
On September 14, in a post on X, Bons called Tether a âmajor threatâ to the crypto space, noting that the company claims to have $118 billion in reserves without providing any evidence
Tether's transparency issues are longstanding. In 2021, the U.S. CFTC fined Tether $41 million for false statements about its reserves
Controlling over 75% of the stablecoin market and growing its share by 20% in two years, Tether's dominance heightens investor fears of a collapse similar to FTX
đđąđ„đ„ đ°đ đŹđđ đ đđźđ„đ„ đ«đđ„đ„đČ
đ
đšđ« đ đđđđ đ„đąđ€đ đđ«đąđŹđąđŹ
đ„
?
đ
The timeline is divided into bearish and bullish sentiments
âĄïž
đ»
Argument - Last time Fed did 50 bases points rate cuts, it pushed the world into 2008 recession
đ
đ
Bull Argument - Market conditions doesnât only rely on Fed rate cuts but other geo-political factors as well.
- In 2021 we had similar expectations of a market meltdown instead timely rate cuts led to a never anticipated bull market.
- In 9 months, more than 1,000,000 $BTC has been purchased by new players.
- Numerous bullish events; US elections, CZ release, SEC approved options for BlackRock's spot #Bitcoin ETF, ahead.
- September closing in green indicates a much awaited crypto rally in Q4.
- HODL your positions. You canât give up coming this close !
đš Massive USDC Mint Alert: 50 Million USDC Minted in One Ethereum Transaction! đš"
Transaction Details:
- Blockchain: Ethereum
- Timestamp: 23 seconds ago (Sun, 22 Sep 2024, 11:15:47 UTC)
- Hash: `0xad59fd1b...f636ce0a37`
- Transaction Fee: `0.00082737 ETH` (~$2.13)
A staggering 50,109,449 USDC has just been minted and sent to the USDC Treasury! This huge transaction on the Ethereum blockchain has caught the attention of the crypto community.
Why This Matters:
The minting of over 50 million USDC signals a potential major market move. Whether for liquidity purposes, institutional transfers, or strategic moves, this could have significant implications for the crypto market.
**Will this impact stablecoin liquidity or drive market shifts?**
Stay alert and keep an eye on the marketsâthis transaction could lead to major developments!
#Ethereum #USDC #BlockchainAlert #BigMoneyMoves #CryptoTransaction