Binance Square
Square Post Sitemap
Bitcoin Transaction Fees Surge 📈 [Plese don't forget to vote me to day](https://app.binance.com/uni-qr/cpro/imran_raii?l=en&r=104591637&uc=web_square_share_link&us=copylink) Bitcoin's transaction fees have surged dramatically, skyrocketing by nearly 940% in just 24 hours. This sudden spike reflects a massive increase in network demand, as more users flood the blockchain with transactions. As the network becomes increasingly congested, traders may experience higher transaction costs and longer processing times, which could impact trading strategies and overall market activity. For Bitcoin traders, this development is crucial to monitor. Higher fees might discourage smaller transactions, potentially leading to a temporary dip in network usage. On the other hand, it could also push users towards Layer 2 solutions or alternative cryptocurrencies with lower fees. The next few days could be pivotal in understanding how this surge in fees will influence the broader Bitcoin market. #Bitcoin #BTC #CryptoNews #Binance
$TRB at wide bear OB zone 71.3-79.9 In case of breakout will hunt for liquidity above 88.66 {future}(TRBUSDT) Momentum on Day chart still strong. Don't go against it. In case of volatility good to catch the dips around 62.8 and below.
Announcing version 0.25 across Agentverse, DeltaV, and AI Engine!🚀 With significant advancements in customization options, system stability, and a strategic transition of #AI Engine functionalities. Check out the updates below.👇 https://tinyurl.com/mr3rxzke
WuBlockchain Weekly: China Classifies "Virtual Asset" Transactions as a Form of Money Laundering, First Economic Criminal Extradited Between China and Thailand, CZ to Be Released from Prison, etc https://wublock.substack.com/p/wublockchain-weekly-china-classifies?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true
đŸ’»đŸšš Artificial intelligence can analyze large amounts of data and uncover patterns that may be difficult for humans to see; and this makes it a powerful tool in the fight against identity thieves and malicious bots. #AI #TheBenefitsOfAI
Want to propose a new market on dYdX? Here's a guide on how to use the new market listing widget đŸ«Ą Get started âžĄïž https://dydx.trade/markets/new?utm_source=dYdXTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
$Dogs X @binance Launch pool So far up to 10 million $BNB and 1 billion $FDUSD which is equal to 6-7 billion dollars. It's not even up to 24hrs and we have seen these insane metrics, It shows just how bullish people are on $Dogs. Meanwhile some people have been spreading fake information about the launch pool stats, claiming that 13 billion dollars have been staked to farm $Dogs which is false. Currently the total amount staked in the binance launch pool is 13+ billion and this includes all other projects listed in the launch pool not only $Dogs. It's important that we spread accurate and verified information always. GL 💯â˜ș
KEYUSDT : Approaching Critical Resistance Levels $KEY {spot}(KEYUSDT) {future}(KEYUSDT) Currently, KEY/USDT is trading around $0.005467 with an increase of 1.43%. The nearest resistance levels are at $0.006000 and $0.006500, while the closest support is in the range of $0.005000 to $0.005200. Technical Indicators: The technical indicators suggest a bullish outlook. The 200-period Simple Moving Average (SMA) is positioned at $0.004775, and the price has recently moved above this level, indicating potential for a bullish continuation. The Relative Strength Index (RSI) is currently at 71.67, which signals that the price is approaching the overbought zone but still has room for further upward movement. The Moving Average Convergence Divergence (MACD) is displaying a positive histogram, highlighting strong bullish momentum with the potential for continued upward movement in the short term . Bullish Scenario: If KEY/USDT can break through the resistance at $0.006000 and sustain above this level, the next potential target would be $0.006500. This breakout could signal a strong continuation of the uptrend. Bearish Scenario: If the price fails to break through resistance and falls back below the support at $0.005000, the bearish trend may continue, with the next support target around $0.004775, which is also the level of the 200-period SMA. Disclaimer: This analysis is provided for educational purposes only and does not constitute financial advice. Please conduct your own research before making any investment decisions. #6thTrade #CryptoMarketMoves #BecomeCreator #MarketSentimentToday
Vitalik Buterin Agrees With Criticism Of Crypto Investors' Risk Aversion
JPMorgan Adjusts Price Targets for Bitcoin Mining Companies
Paxos Releases July Transparency Report for PaxGold
There are two strategies to enter the market: Pull Back: Pros: Snag a better entry point, adhering to the "buy low, sell high" principle. Cons: The anticipated pullback might not happen, causing a missed opportunity. Breakout: Pros: You're more likely to catch significant price moves and trends. Cons: Risk of 'false breakouts' where the price doesn't continue in the expected direction. Choose your approach wisely based on the market context and your risk tolerance.
Binance Labs Announces Investment in Most Valuable Builder VII Projects *BinanceLabs* has selected four flagship projects from the Most Valuable Builder (MVB) VII program: *Aggregata*, *OpinionLabs*, *SideKick*, and *Vooi*. These projects, considered the program’s top performers, will receive comprehensive support designed to support growth-stage *Web3* projects. This support includes personalized mentorship from experts, access to the *BNBChain* Launch-as-a-Service program, which offers essential infrastructure, security, treasury management, business development, and marketing services, valued at up to $300,000. The MVB program, a collaboration between BNB Chain, Binance Labs, and *CMCLabs*, focuses on supporting and accelerating the growth of Web3 innovators within the BNB Chain ecosystem.
Bitcoin Tops $61K With Low Volatility As Jackson Hole Looms, Ether ETFs Bleed
KUNA Founder: Ukraine’s Central Bank ‘killed’ Local Crypto Market
Bitcoin’s Eye for $180K Surge: These Bullish Patterns Pointing to a Big Breakout?
Cardano (ADA) Breaks Key Resistance: a Bullish Turnaround
📊22 Ağustos’ta spot Bitcoin ETF'ler 64 milyon dolarlık giriƟ yaƟarken, spot Ethereum ETF’ler ise 1 milyon dolarlık çıkÄ±ĆŸ yaƟadı. 📊On August 22, spot Bitcoin ETFs saw an inflow of 64 million dollars, while spot Ethereum ETFs experienced an outflow of 1 million dollars. #Btc $BTC {spot}(BTCUSDT)
#MANTA trying to have a break of the resistance area (range top) and a successful closing will give strong buyer indications. Buys can be taken after that or in retest phase. $MANTA #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #BecomeCreator
CARV The future of Protocol data
$ONDO is demonstrating its true power. It has found solid support at $0.6. Given that $BTC is also showing a positive trend, we could potentially cross our target of $1.26 sooner than anticipated. Previously we've observed a 270% gain on it.
MetaMask Boosts Security with Wallet Guard Integration
GM!đŸŒ» What’s your favorite quote? Here’s mine: "In GameFi, the real treasure is not just in winning but learning through every quest and battle." What’s yours?👇🎼
DEXTools Integrates SunPump: DeFi App Enhances Ecosystem
đŸ’đŸ”„BlackMythWukong meets the ultimate ride! Does this majestic armored rhino match up to the legendary Wukong?🩏✹ Drop your thoughts below!👇 #GameFi #BinaryX #Crypto🚀🚀
Unlocking the Path to Crypto Wealth: A Comprehensive Guide to Turning $5k-$10k into Millions by 2025
Binance Labs unveils investment in top projects from Most Valuable Builder VII program #BinanceLabs invests in four projects from Most Valuable Builder (MVB) VII program. Aggregata, Opinion Labs, SideKick and Vooi have been chosen as the four high-performing projects. Participants of MVB program will get a comprehensive curriculum tailored for early-stage #Web3 projects, personalized mentorship from experts, access to the #BNBChain Launch-as-a-Service package, offering support in infrastructure, security, treasury management, business growth, and marketing, valued at up to $300,000. MVB is a collaborative effort between BNB Chain, Binance Labs and CMC Labs and is dedicated to supporting and accelerating growth for Web3 innovators within the BNB Chain ecosystem. 👉 bnbchain.org/en/blog/binance-labs-invests-in-four-exceptional-projects-from-bnb-chains-mvb-season-7
Stepn Go and Casio Partner for Limited G-Shock NFT Sneaker Collection SNEAK PEEK ‱ Stepn Go partners with Casio G-Shock to launch limited-edition NFT sneakers on Polygon. ‱ 800 G-Squad-inspired NFT sneakers to be raffled from Aug 26-29, priced at 10,000 GMT (~$1,175). ‱ Collaboration merges fitness, blockchain tech, and iconic G-Shock brand for a unique user experience. Stepn Go, the social spinoff of the popular move-to-earn game, has entered a new collaboration with Casio’s G-Shock brand to launch a unique series of NFT sneakers. This partnership marks a significant step in the Virtual G-Shock project, which initially focused on digital watches.  The collaboration aims to blend fitness and technology innovatively by offering a limited-edition collection of co-branded NFT sneakers. The new launch will be a new collection of 800 sneakers in NFTs designed and themed on the G-Squad sports line. These gift NFTs will drop on the Ethereum Scaling solution known as Polygon and will be accessible only through a raffle mint, which will happen from August 26 to 29.  The sneakers will be priced at 10,000 GMT, which is approximately $1,175 at current market rates. The event will be hosted on MOOAR, Stepn Go’s NFT marketplace. Casio Senior GM of Timepieces Takahashi Oh noted this was an innovative idea that combined real and virtual systems. That collaboration is considered a continuation of the Virtual G-Shuck project, which had been dedicated to digital watches and other ephemera. This new venture with Stepn Go allows both companies to explore the intersection of fitness and blockchain technology Stepn Go initially gained attention in 2022 for its move-to-earn game model, where players earn cryptocurrency through physical activities like running and walking. However, the game required players to purchase NFT sneakers to earn rewards.  Launched in May, Stepn Go’s latest version adds social features, enabling users to share NFTs with friends, split rewards, or compete in challenges.
Sui Coin Price Displays Increased Bullish Sentiment The Sui coin price had traded under a descending channel pattern since mid-April. This indicated a strong bearish sentiment in the crypto space. However, with the increased price action, the Sui price has successfully retested its crucial support level of $0.460. Furthermore, it has added 71.65% over the past 17 days, resulting in it forming an ascending triangle pattern. Moreover, with the help of a support trendline, this altcoin is on the verge of testing its important resistance level. With a trading price of $0.9126 and a circulating supply of 2,596,086,127 tokens, this altcoin has secured the 34th position in the global cryptocurrency list with a market capitalization of $2.364 Billion. The Simple Moving Average (SMA) has displayed a bullish convergence in the 1D time frame, indicating increased buying pressure for the altcoin in the market. However, the MACD shows a neutral price trend, with its averages moving sideways. This indicates a mixed price sentiment for the SUI token. Will Sui Price Hit $2 In 2024? If the market continues gaining momentum, the Sui token will head toward its resistance level of $1. Maintaining the price at that level will set the stage for this altcoin to head toward its upper resistance level of $1.2980 during the upcoming weeks. For Sui crypto to hit a high of $2, it will require a jump of 117.96%, taking its present listed price of $0.9176 into consideration. On the flip side, if the bears regain power, the Sui coin price will break its triangle pattern and retest its support level of $0.7410. Moreover, if the bulls fail to regain momentum, it will plunge toward its lower support level of $0.460. $SUI {spot}(SUIUSDT)
Ethereum’s Dencun Upgrade 🚀 [Plese don't forget to vote me to day](https://app.binance.com/uni-qr/cpro/imran_raii?l=en&r=104591637&uc=web_square_share_link&us=copylink) Ethereum's recent Dencun upgrade has introduced substantial enhancements to the economics of Ethereum rollups, aiming to reduce costs and improve scalability. This upgrade is a big step forward for the Ethereum network, particularly in making Layer 2 solutions more efficient and accessible. However, the upgrade hasn't been without its challenges. The improved rollup economics have attracted more Layer 2 bots, leading to an increase in failed transactions. This surge in activity could potentially impact the network's overall efficiency, raising concerns among investors and developers alike. It's crucial to stay informed about these developments, as they could have significant implications for your Ethereum investments. Will the benefits of the Dencun upgrade outweigh the drawbacks? The coming months will be telling. #Ethereum #ETH #CryptoUpgrade #Binance
🔔DATO IMPORTANTE 🔔 Lo que debes aprender antes del discurso de hoy del presidente de la Fed, Jerome PowellLos mercados esperan el discurso del presidente de la Fed, Jerome Powell, en Jackson Hole. Se describe como "el discurso mĂĄs arriesgado del año". Esta cuento se llevarĂĄ a cabo en un entorno en el que aumentan las preocupaciones de que la Fed llegue tarde a los recortes de las tasas de interĂ©s y esta situaciĂłn estĂĄ aumentando la presiĂłn sobre la Fed. De acuerdo Washington Post, Powell darĂĄ el discurso mĂĄs arriesgado del año.Ya no es una pregunta si la Fed recortarĂĄ las tasas de interĂ©s en septiembre. Lo que no se sabe es si esta reducciĂłn de las tasas de interĂ©s serĂĄ de 25 o 50 puntos bĂĄsicos. Powell evitĂł dar detalles importantes en sus discursos anteriores en Jackson Hole. Grandes funcionarios de la Fed, por el contrario, han cerrado la puerta a esta posibilidad en sus discursos hasta ahora. Antes del discurso de Powell de hoy, hubo un avance significativo con respecto a los datos de empleo. El Departamento de Trabajo anunciĂł que la economĂ­a estadounidense creĂł 818 mil puestos de trabajo menos que los datos anunciados anteriormente en el perĂ­odo de 12 meses hasta marzo de 2024. Esta validaciĂłn a la baja de los datos de empleo se registrĂł como la mayor revisiĂłn a la baja en los Ășltimos 15 años. TambiĂ©n aumentĂł la presiĂłn para que la Fed baje las tasas de interĂ©s. #Laraxenteam #laraxen #LaraxenFamily
I discovered a cute rhino!🩏 It's over 3,000 years old.đŸ€© #BinaryX #GamingCommunity
$AMP /USDT **Spot Trading and Resistance Levels: A Quick Guide** Spot trading involves buying or selling financial instruments like stocks, cryptocurrencies, or commodities for immediate delivery. In spot trading, understanding resistance levels is crucial for making informed decisions. A resistance level is a price point where an asset tends to face selling pressure, preventing it from rising further. When the price reaches this level, it often stalls or reverses, as traders may start selling to lock in profits or avoid potential losses. Identifying resistance can help traders anticipate these movements, enabling better entry and exit strategies. For instance, if a stock is trading near a resistance level, a trader might wait for a breakout above this point before buying, or they may sell if they believe the price will fall after hitting resistance. Conversely, if the price breaks through the resistance, it could signal a strong upward trend, presenting a buying opportunity. In summary, understanding resistance in spot trading is key to navigating market dynamics effectively, allowing traders to optimize their strategies and enhance their chances of success.#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek {spot}(AMPUSDT)
Arkham Offers $50,000 Bounty to Identify Wallet Owners Involved in RTR Token Sniping
🌍 Binance Launches Mobile Money Feature in Africa! 🌍
$5M in Crypto Seized by FBI in North Carolina Fraud Case
Binance Academy Weekly Recap
SUI Price Resumes Bullish Action, Eyes 100% Upside to Hit $2?
Impressive Surge in $WHY! Dominates the Meme Innovative Leaderboard on Binance!
Aave V3 Launches on Ethereum Layer 2 Network ZKsync Era
#BEL/USDT Technical Analysis Approaching Critical Resistance Level $BEL {spot}(BELUSDT) {future}(BELUSDT) Currently, BEL/USDT is trading around $0.4966. The nearest resistance levels are at $0.5200 and $0.5500, while the closest support is in the range of $0.4500 to $0.4600. The 200-period SMA for BEL/USDT is currently at $0.4356, with the price having moved above this level, suggesting a potential bullish continuation. The RSI stands at 60.70, indicating that while the price is approaching the overbought zone, there is still room for further upward movement. Additionally, the MACD is showing a positive histogram, which signals strong bullish momentum and the potential for continued upward movement in the short term. Bullish Scenario: If BEL/USDT can break through the resistance at $0.5200 and sustain above this level, the next potential target would be $0.5500. This breakout could signal a strong continuation of the uptrend. Bearish Scenario: If the price fails to break through resistance and falls back below the support at $0.4500, the bearish trend may continue, with the next support target around $0.4356, which is also the level of the 200-period SMA. Disclaimer: This analysis is provided for educational purposes only and does not constitute financial advice. Please conduct your own research before making any investment decisions. #6thTrade #CryptoMarketMoves #Marketsentimentstoday #BecomeCreator
AAVE (AAVE) With a market cap of $2 billion, the AAVE token has increased by 21% in the last seven days. Currently, the AAVE token is trading at $133 with an intraday pullback of $1.29. Further, the AAVE token price The DeFi token is in a retest phase and ready to bounce back with increased momentum. Optimistically, the Fibonacci level paints the $206 as a potential target, aligning with the 1.618 level.$AAVE {spot}(AAVEUSDT)
Sony Launches Soneium: A New Ethereum Layer-2 Blockchain, What You Need to Know
The way $OM is following this uptrend after finding support at 0.70$ suggests that we will reach $1.89 much sooner than expected. This uptrend will also be followed by $FXS and $GNO . Hopefully, BTC remains in a positive mood. We've tracked 28x gains in the previous rally.
2024 Tron Memecoin Deployer ‘SunPump’ Surpasses $1M Revenue in Just 11 Days SNEAK PEEK ‱ SunPump’s rapid success brings over $1.1M in revenue within 11 days on the Tron blockchain. ‱ Tron’s ecosystem benefits as SunPump boosts liquidity and attracts $10M in incentive support. ‱ Debate continues over memecoin value despite SunPump’s impact on Tron’s recent revenue surge. A new memecoin deployer on the Tron blockchain, SunPump, has achieved significant revenue in a short span, generating over $1.1 million in just 11 days since its launch. The platform, backed by Tron founder Justin Sun, has seen a substantial influx of liquidity, marking a notable success in the rapidly evolving memecoin sector SunPump officially went live on August 9 and immediately got a great start within the TRON ecosystem. According to the numbers on the web analytics platform Dune, it has grossed a total revenue of 7 million Tron (TRX).  The peak day for SunPump was on August 20, when it earned nearly 2.78 million TRX, equivalent to $400,000. Over 6,000 memecoins have been created on the platform, reflecting the growing interest in the Tron-based memecoin market. On August 20, SunPump experienced a temporary outage due to an unexpected surge in traffic. Justin Sun addressed the issue on social media, stating that the developers were working to scale up the platform’s capacity. The service was restored within an hour, allowing users to continue their activities. The launch of SunPump has had a positive impact on the Tron blockchain, with liquidity flowing into the network. This growth has been further supported by a $10 million allocation from Sun’s Meme Ecosystem Boost Incentive Program.  Additionally, Tether, a major stablecoin issuer, minted another 1 billion USDT tokens on the Tron blockchain on August 20, further enhancing the network’s liquidity. The currency’s data from DefiLlama reveals considerable growth, and Tron has obtained a total revenue of $2. 700 million it attracted in the prior 24 hours, which was a doubling of $350 million.
Russia Plans to Launch Crypto Exchanges & BRICS Stablecoin Russia is moving forward with plans to launch two crypto exchanges, one in Moscow and another in St. [vote for me](https://app.binance.com/uni-qr/cpro/CryptoMystique?l=en&r=146259817&uc=app_square_share_link&us=copylink) Petersburg, to enhance foreign economic activity (FEA). Additionally, Russia aims to develop a BRICS stablecoin linked to the Chinese Renminbi (RMB). These new crypto exchanges are designed to create a fresh platform for digital transactions. However, experts have raised concerns about the potential risks and limitations, especially considering the current international sanctions. Russia's Push to Develop Its Crypto Sector According to a report by Kommersant, one of the exchanges will likely utilize the infrastructure of the St. Petersburg Currency Exchange (SPCE) to facilitate foreign economic activity. The other platform is expected to be based in Moscow, though it's still unclear whether it will build on the existing Moscow Exchange or operate as a separate entity within an experimental legal framework. The primary goal of these exchanges is to create and use stablecoins—a type of cryptocurrency typically pegged to assets like a national currency or a basket of currencies. The Russian government is reportedly considering developing stablecoins linked to the Chinese Yuan (RMB) and the BRICS currency basket. This initiative aims to strengthen economic cooperation among BRICS nations (Brazil, Russia, India, China, and South Africa) as they explore dedollarization through crypto and blockchain technologies. However, the introduction of a BRICS stablecoin through these new exchanges faces several challenges. Oleg Ogienko, CEO of BitRiver, highlighted the technological difficulties in integrating stablecoins into Russia’s blockchain infrastructure. #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021
The crypto market after the Bitcoin halving:
Perhatian dunia finansial tertuju pada Bitcoin (BTC) yang baru saja mencapai harga $61.000 setelah rilis risalah Komite Pasar Terbuka Federal (FOMC). Selengkapnya https://news.tokocrypto.com/fokus-terarah-pada-bitcoin-saat-indeks-dolar-as-capai-titik-terendah/
Ekspektasi terhadap pemangkasan suku bunga oleh Federal Reserve (The Fed) di Amerika Serikat masih tinggi, dengan kemungkinan pemangkasan pertama yang diantisipasi pada bulan September. Selengkapnya https://news.tokocrypto.com/5-dampak-pemangkasan-suku-bunga-the-fed-as-terhadap-pasar-kripto/
The Modular Blockchain Landscape is expanding indefinitely with the development of Data Availability, Execution, Consensus, etc. layers Explore the diverse compilation of leading projects within the space now!
### Unlocking the Power of Data with CARV Protocol and how to get your free $300 with BINANCE The CARV Protocol is a modular data layer that facilitates data exchange and value distribution across gaming, AI and ∞. It encompasses end-to-end data flow processes, including data verification, identity authentication, storage, processing, model training, and value distribution Benefits to Users: CARV enables users to monetize their data by securely sharing it with interested parties. Through this decentralized approach, users gain rewards while maintaining privacy and ownership of their data. This shift ensures that individuals, not corporations, are the primary beneficiaries of their digital footprint. Future Prospects: Looking ahead, CARV is set to transform data ownership, giving power back to users. As the protocol grows, it could lead to a new era where data is a personal asset, fully controlled and monetized by its rightful owners. Join the Movement: The CARV and Binance Web3 Wallet Airdrop Campaign marks the first step in this data empowerment journey. By participating, users can be part of the early adopters of CARV, gaining exclusive access to tools that will help them harness the full potential of their data in the Web3 era. Empower yourself with CARV—your data, your rules. To earn with BINANCE creat a good post or article about the future of Carv protocol and use hashtag remember to like and share #CARVingTheFutureOfData #BinanceWeb3WalletAirdrop @carv_official
Bitcoin pushes above $61k once again – Here’s what’s different this time
Don’t Dwell on the Past: Find the Next 100x Memecoin 🚀 When it comes to memecoins, one of the biggest mistakes investors make is looking in the rearview mirror instead of focusing on what’s ahead. [vote for me](https://app.binance.com/uni-qr/cpro/CryptoMystique?l=en&r=146259817&uc=app_square_share_link&us=copylink) Take $WIF, for instance. It surged over 1000x, reaching a $40M market cap, and many thought they’d missed the opportunity. But here’s the twist—$WIF didn’t stop there. It went on to deliver another 100x! If you’re feeling like the ship has sailed, ask yourself these key questions: Who’s still holding onto their tokens? The reality? Probably fewer than 0.1% of early investors. Most have already taken their profits at 2x-5x, leaving plenty of room for future growth. 📈 Evaluate the liquidity: Have the whales made their move, or is there still space for them to dive in? Memecoins often have low liquidity, so if you’re a big player, you might need to wait until the market cap hits tens of millions to avoid driving the price up too quickly. 💰 Consider the potential: Aiming for a $300M market cap? Then does it really matter if you’re buying in at $100M or $40M? A surge to $100M is often just the start, not the finish line. 🚀 Remember, it’s not about where a memecoin has been; it’s about where it’s going. Don’t let past performance cloud your judgment of future opportunities. Stay ahead of the curve, think big, and you could be part of the next 100x success story. #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021
In the midst of the volatility and turmoil in the cryptocurrency market, Coinbase terminates over 60 employees SNEAK PEEK ‱ The institutional onboarding and recruiting departments at Coinbase will lose more than 60 employees. ‱ Coinbase’s most recent round of layoffs is a sign that the exchange may still be trying to cut costs in the ongoing bear market. ‱ The layoffs at Coinbase also came just five months after the exchange fired 18% of its employees to get ready for what it called a potential “long crypto winter.” Coinbase’s CEO, Brian Armstrong, previously said that the company had “overhired” and had to reduce its employees. In June, Coinbase also stopped hiring new employees and revoked any employment offers it had already made to potential employees. Some of these employees subsequently vented their frustrations online. Given that its quarterly revenue is down 28% and trade volumes plummeted 27% in Q3 of this year, Coinbase does seem to be having trouble in the current bear market. The price of Coinbase’s stock has decreased by roughly 80% this year and 27.4% just this month. Even if it wasn’t quite as surprising as Meta‘s decision to fire over 11,000 workers a few days earlier. Others uploaded their names to a candidate database that Coinbase established in an effort to aid people in finding work at other businesses. Surojit Chatterjee (the exchange’s chief product officer) recently left the company after three years of extortion against Google for a whopping $646 million in compensation. According to a Coinbase filing with the SEC, Chatterjee is taking a break and will work as Armstrong’s advisor until at least February 2023.
Kamala Harris Accepts Democratic Nomination for 2024 Presidential Election
China accessing high-level AI chips banned by the US: Report
How NFTs Are Shaping the Music Industry
Australia Tightens Crypto Rules, Kraken’s Bit Trade in Focus
Here’s How Much El Salvador’s Cold Wallet Amassed Since Mid-March By Bitcoin Daily
Uniswap (UNI) With a bullish reversal from the $5.368 support level, the Uniswap token is back in action. The DeFi token has increased by 29% in the last 18 days. The reversal rally surpasses the 23.60% Fibonacci level at $6.487. Currently, the uptrend is challenging the confluence of the 50-day exponential moving average and the 38.20% level at $7.294. With a rounding reversal, the underlying momentum showcases a potential trend reversal. Furthermore, the DMI indicator supports the bullish narrative with a potential crossover in the VI lines. However, the downtick in the ADX line reveals a weakness in trend momentum. Considering the uptrend continues, the Uniswap token price can challenge the 50% line at the $8 resistance level. Optimistically, the uptrend shows potential to reclaim the $10 psychological mark at the 78.60% level.$UNI {spot}(UNIUSDT)
Tether has decided not to launch its own blockchain, citing market saturation. CEO Paolo Ardoino emphasized focusing on security across existing platforms rather than adding another blockchain. The top five blockchains, led by Ethereum, control 86% of total value locked in the ecosystem.
VIDT/USDT Exhibits Strong Bullish Momentum Amid Key Resistance Test $VIDT {spot}(VIDTUSDT) {future}(VIDTUSDT) #VIDTUSDT is currently trading at $0.03733, showing a strong upward movement of 1.69%. The price has sharply risen above the 200-period SMA, currently at $0.01871, indicating a significant bullish momentum. The immediate resistance level is around $0.04000, while support can be found near $0.03390, which is also aligned with the VWAP level. Moving Average (MA): The price has sharply moved above the 200-period SMA, signaling a possible trend reversal and strong bullish momentum. RSI: The RSI is at 89.06, indicating that the market is currently overbought and there might be a potential for a pullback or consolidation. MACD: The MACD shows a strong positive histogram, which confirms the current bullish trend with a potential for further upside movement in the short term. Bullish Scenario: If VIDT/USDT can sustain above the $0.03733 level and break through the resistance at $0.04000, it could signal a continuation of the bullish trend. The next potential target for the bulls would be around $0.04500. Bearish Scenario: If the price fails to break through the resistance and falls below the support at $0.03390, it could indicate a bearish reversal, with the price potentially testing the lower support levels around $0.02500. Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Always perform your own research before making any investment decisions. #6thTrade #MarketSentimentToday #Market_Update #BecomeCreator
How to Build a Winning Crypto Portfolio: Your Guide to Million-Dollar Success
đŸ—łïž U.S. Presidential Election 2024: Crypto Takes Center Stage - ⚖ Kamala Harris: Balancing Growth and Regulation - Vice President Kamala Harris is crafting policies to appeal to crypto enthusiasts. Her approach aims to foster growth in the digital assets sector while maintaining necessary oversight. Harris's team emphasizes a balanced approach, promoting innovation within a well-defined regulatory framework. - 💰 Donald Trump: From Crypto Skeptic to Supporter - Former President Donald Trump has shifted from dismissing cryptocurrencies to owning over $1 million in crypto assets. His campaign promises include easing regulations and replacing SEC Chairman Gary Gensler with a more crypto-friendly figure. Trump also plans to establish a crypto advisory council and guidelines for stablecoins, gaining support from key figures in the crypto world. - 🚀 The Battle for Crypto Votes Intensifies - As the election approaches, both Harris and Trump are vying for the crypto community's support. Harris focuses on stable growth with clear rules, while Trump leverages his pro-crypto stance to attract voters. The outcome of the election could significantly influence the future of digital assets in the U.S. - 📊 Poll Predictions: Independent pollsters predict 54% support for Trump and 46% for Harris. The evolving positions of both candidates highlight the growing importance of cryptocurrency in mainstream politics. The coming months will be crucial as Harris and Trump continue to shape their visions for the future of crypto in America. $BTC $ETH $BNB #KamalaHarris2024 #donaldtrump #usa #Election2024 #crypto