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Another profit on
$C98
kindly suggest me a target
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C98
0,1084
-5.49%
752
0
Replies
2
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Next stable price $72k ? $BTC
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Ripple’s $XRP Braces for Billions In Inflows as ‘Special’ ETF Bid Likely to Trigger Institutional Goldrush. The recent approval of spot Ethereum $ETH ETFs by the U.S. Securities and Exchange Commission (SEC) has ignited a fervent debate within the cryptocurrency community about the future of similar financial instruments for other digital assets. At the center of this debate is XRP, one of the most popular cryptocurrencies, which has become a focal point of speculation and discussion regarding the potential for an XRP ETF in the United States. A recent poll by a prominent XRP community member on social media platform X highlighted a significant division in opinion. Of the respondents, 66% expressed confidence that an XRP ETF would be approved by 2025, while 34% remained doubtful.
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A Big Whale In Dogecoin ($DOGE ) Bought 2 Million Call Options For This Price Level – Does It Know Something? A trader purchased two million Dogecoin (DOGE) call options. The options, with a strike price of $0.22, were approved by Bernd Sischka, Chief Commercial Officer of derivatives exchange PowerTrade. As of now, DOGE is trading at $0.1649. For this transaction to turn a profit, the price of memecoin would have to increase by more than 31%. Call options will expire on June 14. Options are derivative contracts that give the buyer the right to buy or sell an asset at a predetermined price before the contract expires. If the underlying asset fails to reach the strike price, the contract will expire worthless. Dogecoin actually reached the $0.22 level during its rally in March. However, beyond this level has not been reached since November 2021. Sischka shared his views on the current situation of altcoins. “Altcoins have lagged behind the recent rise in Ethereum. Most traders are observing what ETH is doing and predicting potential moves for altcoins,” he said. He also added that the approval of the ETF triggered the ETH rally. However, he believes Dogecoin's wild card is Elon Musk's use of the token as a means of payment on Twitter. *This is not investment advice.
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Bitcoin Nears $69,000 as Key Resistance Levels Hold Steady $BTC Keith Alan, co-founder of trading resource Material Indicators, emphasized the importance of turning $69,000 into support. Bitcoin stayed near key price levels into the May 26 weekly close, with weekend trading centering around $69,000. Data from Cointelegraph Markets Pro and TradingView showed a strong performance by BTC/USD, which briefly surpassed $69,500 before consolidating. Despite some market predictions for a weekend upside, resistance zones kept gains in check. “As price is ranging around ~$69K, there’s some liquidity building up on both sides,” noted popular trader Daan Crypto Trades in his latest analysis on X (formerly Twitter). “Most notably: $68.3K & $69.8K. Good levels to watch in the short term going into next week.” An accompanying chart highlighted liquidity concentrations for the BTC/USDT perpetual swaps pair on Binance, the largest global exchange. Across BTC order books, liquidity was increasing around the spot price, leading to lower volatility but raising the chances of a liquidity raid later. Keith Alan, co-founder of trading resource Material Indicators, emphasized the importance of turning $69,000 into support. BITCOIN/BLOCKCHAIN NEWS/CRYPTO NEWS TODAY Bitcoin Nears $69,000 as Key Resistance Levels Hold Steady Keith Alan, co-founder of trading resource Material Indicators, emphasized the importance of turning $69,000 into support. BY MARK TRAVERS MAY 26, 2024 Bitcoin stayed near key price levels into the May 26 weekly close, with weekend trading centering around $69,000. Data from Cointelegraph Markets Pro and TradingView showed a strong performance by BTC/USD, which briefly surpassed $69,500 before consolidating. A month after the #bitcoinhalving 'we're on our way to... Despite some market predictions for a weekend upside, resistance zones kept gains in check. “As price is ranging around ~$69K, there’s some liquidity building up on both sides,” noted popular trader Daan Crypto Trades in his latest analysis on X (formerly Twitter).
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Crypto Advocate Warns Politicians ! ⚠️ $BTC $ETH $BNB Bitcoin advocate Samson Mow has raised concerns about the rising political support for cryptocurrencies. He warns that without a proper understanding of Bitcoin’s unique traits, this enthusiasm might lead to future issues. Mow's primary concern is that many politicians don't differentiate between Bitcoin and other cryptocurrencies. He stresses that Bitcoin’s decentralized, permissionless, and censorship-resistant nature makes it unique. Grouping all digital currencies under 'crypto' can lead to poor policy decisions and regulatory measures that don't address Bitcoin's specific needs. Mow calls for regulations tailored specifically to Bitcoin. Treating it like other cryptocurrencies could hinder innovation and growth. He views Bitcoin not just as another cryptocurrency, but as a new monetary system with the potential to transform finance. Mow insists that regulations must recognize Bitcoin's distinct characteristics to ensure its sustainable development. He acknowledges positive trends in the Bitcoin space, such as increasing support from some politicians and greater adoption by institutional investors. However, he cautions that challenges remain, especially in terms of regulatory clarity and consumer protection. Balancing innovation with consumer safety is crucial. Mow's insights emphasize the complexities and challenges tied to the growing political interest in cryptocurrencies. He advocates for clear distinctions between Bitcoin and other digital assets to promote informed policy and supportive regulations. His perspective on cryptocurrency regulation is crucial. His call for Bitcoin-specific rules underscores the need for policymakers to understand Bitcoin's unique aspects. Creating supportive frameworks while protecting consumers is essential. As political interest in cryptocurrencies grows, Mow's analysis reminds us of the importance of informed, nuanced policymaking in this fast-evolving field.
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