Binance is gearing up to kickstart the largest altcoin season ever by listing low and mid-cap coins, which could see substantial growth of 5-10 times the listed price.
Click on the like button to ensure that you don't miss out on my picks of low to mid caps that could make it big this season.
Binance has just announced new trading pairs to expand the list of trading choices offered on Binance Spot and enhance users’ trading experience, Binance will open trading for the NEAR/BRL and NOT/USDC trading pairs at 2024-05-30 15:00 (UTC).
Unlock the secret that helps Degens avoid losing money.
An analysis of coin launches on Binance shows a scary trend of launching tokens with Low Float and High FDV.
- FDV isn't a meme. It an important concept that is used to hold a coin back from mooning and allowing teams to use you as exit liquidity. - Token unlocks limit the entire potential upside -This is the main reason why most new launches only pump for a short while and then steadily decline for months. -Devs and some VCs end up milking your investment
Always check the FDV and the amount of tokens that are being held back.
BlackRock has made some changes to it's Ethereum ETF Application.
BlackRock has submitted an updated S-1 form for their planned ether ETF, providing additional details about the product that has been recently authorized for trading in the United States.
Analysts see this as a good sign and are hopeful of a launch in the near future.
Sam Altman, the founder of OpenAI, and Argentinian President Javier Milei recently had a meeting in San Francisco where they talked about potential investments in Worldcoin in Argentina, along with other topics.
The Worldcoin team's efforts to engage with global leaders advanced when Tools for Humanity co-founders Sam Altman and Alex Blania met with Argentinian President Javier Milei to explore potential investments in the country.
Donald Trump has floated a possible advisory role for the tech billionaire Elon Musk if he were to retake the White House next year, according to a new report from the Wall Street Journal.
If Trump wins the election you can be sure that it will have an effect on DOGE.
Top Events in the next few days that can affect the crypto market:
Macro: —U.S GDP on 30 May —U.S core PCE on 31May
Crypto: —Ethena to announce a new CEX USDe integrations this week —Sei v2 on 27 May —Stargate v2 on 28 May —Crypto ETPs to start trading on London Stock Exchange on 28 May —SEC decision deadline for spot Bitcoin ETFs options —$ETC halving on 31 May —Consensus event 29-31 May —Uniswap Voting to implement fee mechanism will go live on 31May
Mastercard has recently introduced peer-to-peer (P2P) crypto transactions in 14 countries, connecting Latin American and European regions through this innovative feature.
Degen tips, tools and tricks that will give you the Edge...
At some point in the future, altseason will occur. Utilizing on-chain analysis, as well as fundamental and technical analysis, can aid in decision-making and predicting market trends. This is important even for a degen. Just because you have a bigger appetite for risk doesn't mean you must FOMO in...
Are you ready?
Here goes.... The first tip is to make use of the little known Tether ratio channel.
Degen Tip #1
The Tether Ratio Channel is a smoothed relative strength index (RSI) that tracks the USDT supply ratio by comparing USDT's Market Cap with the overall Crypto Market Cap. This smoothed RSI is designed to respond slowly to sudden shifts but is more effective in revealing extended trends.
You read it just like you would read a standard RSI. High values indicate overbought while Low values indicate oversold. (Indicate being the key word)
What can you see? Share your thoughts in the comment section below.
*If you find this to be beneficial, follow so that you don't miss out on the rest of the degen tips.
Moon or Crash? - An analysis of recent Binance Listings.
A study of Binance listings suggests that many new cryptocurrencies do not perform well after being listed, leading some to believe that venture capitalists are selling off their holdings and leaving regular investors with losses.
Out of 31 new coins listed on Binance, only 5 have shown success in the past six months. To maximize profits from smaller market cap coins this season, it is advised to invest in them before they are listed on Binance to avoid potentially becoming part of the exit liquidity used by others to cash out.
URGENT UPDATE Binance has announced that it will Delist the following trading pairs on May 31 at 06:00 AM UTC:
CAKE/TUSD DYDX/BNB LAZIO/BTC
Please take care as there could be some volatility prior to the delisting. If you invest in a coin, you need to be aware of changes that may impact on your investment.
BlackRock, the largest asset manager in the world, is making a significant move towards embracing and integrating digital assets with its proposed Ethereum ETF. This marks a key milestone in institutional acceptance of cryptocurrencies. If approved, the ETF would provide investors a regulated and easy way to invest in Ethereum, the second-largest cryptocurrency. BlackRock's CEO, Larry Fink, is optimistic about blockchain technology and digital currencies, viewing them as transformative forces that can revolutionize financial markets. He believes the proposed Ethereum ETF will give investors a safe and clear opportunity to be part of this changing landscape.
The effect of institutional interest The SEC's attitude towards cryptocurrency ETFs has changed significantly in recent years. Initially, they were hesitant due to concerns about market manipulation and regulatory issues. However, as institutional interest in crypto grows and compliance standards improve, the SEC is more open to reconsidering its stance.
What the future holds The possibility of BlackRock's Ethereum ETF getting approval is seen as a positive step forward, yet it highlights the continued need for regulatory oversight. It is essential to ensure that these financial products are secure, transparent, and in compliance with current regulations to ensure their enduring success.
The SEC is expected to make a decision on BlackRock's application soon. If Greenlit, the Ethereum ETF would represent a significant moment in legitimizing cryptocurrencies in traditional financial markets, paving the way for more crypto-related financial products.
The potential approval of BlackRock's Ethereum ETF is a significant milestone that signals a growing acceptance of digital assets in the global financial sector.