$BTC Bitcoin experienced a rebound after testing the support area of $64,000-$65,000. As of now, we may observe some sideways movement between the support and resistance area. If the price falls below the support area of $64,000, it is likely to push towards the support area of $59,000-$60,000. The resistance area is between $69,000-$70,000.
$BTC Bitcoin liquidation heatmap reveals significant liquidation of short positions around the $68,000 area. Given this data, it's highly probable that the market will prioritize clearing out these positions before making its next move. Traders should monitor this closely as it may impact market sentiment and price action in the short term.. #BTC、#HalvingCylces
According to Glassnode's data, there's an interesting trend emerging: daily realized profits have hit a peak at $2.6 billion, with 40% of this figure attributed to long-term holders.
While selling activity has decreased overall, it's noteworthy that long-term holders alone contributed nearly $500 million to the $1 billion in profits realized on March 31st.
$BTC Bitcoin is currently testing its support level, and some market volatility can be expected today. In all open positions, use tight stop loss. If the market breaks below the $69,000 level, it will be bearish and lead to further selling. #BTC#Halving!#Solana
🚀 Countdown Alert! Less than 4 hours until $BFLOKI Launches on MEXC!🚀
- $BFLOKI torched another 10% of supply, bringing the total burn to a staggering 60%! 🚀 With a whopping 600 billion tokens gone FOREVER, the BitFloki ecosystem just got even stronger! 🔥
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A social recovery wallet, also known as a social key recovery wallet, is a type of crypto wallet that includes a mechanism for recovering access to the wallet through a social network of trusted individuals. Self custody crypto wallets using this approach can provide an additional layer of security and convenience for wallet owners.
With a traditional wallet, if users lose their private key or forget their password, they may permanently lose access to their funds. With a social recovery wallet, however, the user creates a network of trusted contacts who can collectively help restore access to the wallet in the event of a lost key or forgotten password.
How Do Social Recovery Wallets Work?
Social recovery wallets work by each trusted contact having a piece of the recovery key or a unique piece of information needed to regain access to the wallet. When needed, the user can initiate the recovery process and the trusted contacts work together to reconstruct the necessary credentials, allowing the user to regain control of their wallet and funds.
#BTCTo1Million Google search trends for Bitcoin are on the rise, reaching their highest level since June 2022. This surge in interest indicates a growing curiosity and engagement with Bitcoin, potentially signaling increased adoption or investment activity in the cryptocurrency space.
DOGE is still on the rise after a retest, and our long position has reached a peak profit of more than 29% from our initial entry. Rumours are circulating that X (formerly Twitter) payments will soon start accepting DOGE coin, which is believed to be driving the rally. If you are currently holding long positions, it is recommended that you set a trailing stop loss to maximize your potential profits.
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Singapore Cryptocurrency exchange joins Binance to burn Terra Luna Classic (LUNC) trading fees. The #LUNC community token burn campaign is supported by Singapore-based crypto exchange WEEX. WEEX promises to burn 30% of LUNC transaction fees, following Binance's model of burning 50% of fees. This initiative is part of the Ambassador Program, which aims to promote Terra Luna Classic while reducing distribution supplies. Mr. Diamondhandz, a prominent member of the Terra Luna Classic community, and other of his LUNC holders are participating in his WEEX ambassador program. His WEEX, a non-KYC exchange with his MSB license in the US and Canada, offers incentives with no maker fees. Binance has already burned over $53 billion in $LUNC tokens, including the latest batch of 2.21 billion tokens. In terms of market performance, #LUNC price decreased by 2% in the last 24 hours and traded at $0.000179. This means that volume has decreased by 25%. The #USTC price also fell by 1% to $0.0345, which translates to a 40% decrease in trading volume.