[Click and vote for us](https://app.binance.com/uni-qr/cpro/motec?l=en&r=144316028&uc=app_square_share_link&us=copylink) âïž
Russia's Central Bank Moves Towards Legalizing Crypto for Qualified Investors
The Bank of Russia is considering allowing a specific group of qualified investors to trade cryptocurrencies as part of its plans to explore cross-border crypto transactions. The central bank is discussing legislative changes to create a new category of "particularly qualified investors" who would be permitted to buy and sell digital currencies.
In an interview with the Russian newspaper Izvestia, Alexey Guznov, the state secretary and deputy governor of the Bank of Russia, mentioned that while this move is under consideration, all potential risks need to be thoroughly assessed before implementation. The central bank is also open to the use of stablecoins for international trade, provided they meet certain criteria.
In addition to these developments, Russia is reportedly exploring the establishment of at least two domestic crypto exchanges. These exchanges might use the existing infrastructure of stock exchanges in Moscow and Saint Petersburg, with a focus on developing stablecoins, including those tied to the Chinese yuan and a basket of BRICS currencies.
Polygon Foundation Whale Moves $MATIC to #Binance đŠđł
A wallet linked to the #Polygon Foundation has been steadily transferring MATIC tokens to Binance. đ In the past five days alone, they've moved 15.49 million #MATIC , worth over $8 million.
This wallet still holds a significant amount of MATIC, with 13 million tokens currently staked. đ
Important Note: Remember that on September 4, there will be a 1:1 migration from MATIC to #POL . đ This means that the number of tokens will increase, but the value per token will decrease. đ
What do you think is behind this whale's activity? Are they selling to take profits, or is there something else going on? Let's discuss! DYOR! #WhaleAlert
Source: SpotOnChain
WIF Looking Good â Can We Get 2.25?
WIF was one of the biggest gainers last week, adding almost 40%. Based on the chart, it is likely we'll see a continuation of the uptrend.
Here's why:
âą WIF faced resistance at the psychological $2 mark. Actually, it's not surprising after the intense climb.
âą Afterward, WIF entered a descending channel you could interpret as a bull flag.
âą Typically, a descending channel after a pump is considered a continuation pattern. Accordingly, we should see a breakout to the top at some point.
If this breakout happens, the price should quickly rise toward the level of 2.25 (calculated based on the previous pole flag).
Therefore, you should pay close attention to the upper trendline.
$WIF #Dogwithhat
#Bitcoin sideways price action is bearish?
Before each big move, BTC has typically consolidated within a range.
In the past, these consolidations have lasted anywhere from 8 to 30 weeks.
Right now, we're 25 weeks into the current consolidation phase.
While it's impossible to say how long this will last, one thing is clear- we're still in a bull run.
If this pattern repeats, the breakout could be explosive.
Dogecoin To Rise as High as $10, Hereâs When
Analyst Predicts DOGEâs Path to $10
Dogecoin (DOGE) investors have been growing wary of the meme coinâs current price rut. While most assets recorded a triple-digit surge throughout the past year, DOGE saw an uptick of just 72%.
The asset was trading at $0.1085 at press time, with a 1.74% drop over the past 24 hours. Despite this, investors were given hope after an analyst outlined DOGEâs path to $10.
According to an analyst by Ăima James Potts, DOGE is on its way to the top. Recent changes in the tokenâs price suggest that DOGE is approaching the bottom.
The crossing of particular technical indicators has traditionally predicted the start of a price spike in the following weeks.
In the present cycle, this pattern is anticipated to recur, possibly as early as the first week of September.
Looking Back At Dogecoinâs Older Patterns
The expert has also seen a cyclical trend in Dogecoinâs price hikes. The meme coin has seen significant price increases every three years. In the first cycle, the price of DOGE increased 1.5 times from the beginning of 2016.
The price was 2.5 times higher at the end of the second cycle, which was in 2020. If this pattern continues, the analyst projects that the meme coin will close in 2024 at almost $0.31, a 3.5-fold increase from its initial price of $0.09051.
Future Projections for Dogecoin
âBased on historical patterns, DOGECOIN could experience some of its most substantial price increases in 2025. Similar to previous cycles, I anticipate a significant surge in the fourth year (2025). In the first cycle (2017), Dogecoin saw a 9000% increase, and in the second (2021), it rose by 18,000%. If this trend continues, we may witness an equally impressive, if not larger, price appreciation in the third cycle.â
While reaching $10 isnât easy for the asset, Changelly revealed that DOGE will take time to reach this milestone. The meme coin will achieve this level only in 2040.
#doge⥠#TelegramCEO #CryptoMarketMoves #BTCâ #BlackRockETHOptions
đ **Crypto News Flash: Understanding Token Generation Events (TGEs)!** đ
- **What is a TGE?**
A Token Generation Event (TGE) is when a project's digital tokens become available for purchase, allowing early investors to support the project from the start. These tokens are often utility tokens used for transaction fees or unlocking features on a blockchain platform.
- **Market Impact:**
The initial token supply during a TGE can influence prices. Well-managed supplies keep prices stable, while oversupply can cause drops. Gradual release of tokens to team and advisors ensures long-term project commitment.
- **TGE vs. ICO:**
- **ICO:** Early-stage fundraising before project completion.
- **TGE:** Token release for trading and use, indicating project maturity.
- **Advantages:**
TGEs promote decentralization, build strong communities, and ensure regulatory compliance. They distribute tokens widely, fostering innovation and long-term success.
- **Upcoming TGEs 2024:**
- **Orderly Network (ORDER):** August 26
- **Bondex (BDXN):** September
đŹ **What are your thoughts on TGEs vs. ICOs? Share in the comments!** đŹ
Today's update on $ETH
The price is still encountering resistance at $2,800, currently trading at $2,735.58. A minor correction is expected, followed by a potential break above this level, with my initial target of $3,000 still in play. A successful breakout could propel #ETHđ„đ„đ„đ„ to new highs, with further upside potential beyond $3,000.
#Crypto #Alts Conventional Technical Analysis Wisdom Suggests That Markets Rarely Move In Straight Lines, Instead Exhibiting Complex Patterns Like Higher Highs And Higher Lows (Uptrend), Lower Highs And Lower Lows (Downtrend), Consolidations (Sideways Movement), And Breakouts (Sudden Price Movements). Your Observation About The Altcoin Market Cap Chart Is Insightful, Noting The Consolidation From April To October Last Year Led To A Breakout And Significant Gains. Similarly, The Current Descending Broadening Wedge Pattern Is Comparable To A Bullish Pennant, Indicating A Potential Breakout Soon. If Successful, This Breakout Could Propel The Entire Altcoin Market Towards New All-Time Highs.
đ¶ DOGS Price Prediction || đ¶ Where we should sell ?
đ¶ DOGS, a Ton blockchain memecoin, will be listed on Binance today, August 26, 2024, at 12:00 UTC. With a total supply of 550 billion $DOGS, 516.75 billion (93.95%) will be in circulation at launch.
Please đ„ș Click here đ@MU_Traders đ and give your today vote to @MU_Traders .
đ¶ Key Predictions:
1. Launch Price Surge: Expect $DOGS to peak around $0.001 in the first minutes, followed by a correction.
2. Liquidity Insights: The 5.45% liquidity allocation is higher than usual, suggesting potential price stability.
3. Distribution Concerns: The large allocations for community airdrop (72.73%) and marketing (9.18%) could be used for manipulation.
đ¶ Strategy Tips:
1. Sell Early: Consider selling airdropped tokens during the initial price peak.
2. Futures Market Caution: If futures launch, avoid high funding rates that could erode profits. Shorting might be an option, but manage risks carefully.
3. Watch for Corrections: Anticipate a significant correction in the coming days, which might offer a buy opportunity before another price surge.
đ¶ Disclaimer: This isn't financial advice. Investing and trading involve risks. Conduct thorough research before making any decisions.
If you find this post helpful then please like it and don't forget to vote us. We need your support please don't forget to vote @MU_Traders . After giving vote drop done comment . Thank you for supporting us. Follow @MU_Traders for more insights.
#MtGoxRepayments #BinanceLaunchpoolDOGS #dogs #MU_Traders
#NewEraofHOOKED #Hookedfrens
đ HOOKED 2.0: Hooked Alumni - Co-educating Quizathon with 4 Leading TON Projects!
Thrilled to unveil our revolutionary collab with 4 TOP partners, showcasing the TON Ecosystem's Top Performing Innovators!
đ€ As TONâs cutting-edge tech and infra drive Web3âs global adoption, our platform is elevating the social learning experience for seamless onboarding worldwide.
Together, we're pioneering a new era in Web3 education with unparalleled learning experiences!
đ«Co-educating partners: @ton_blockchain, @PokeyQuestGame, @ethsign, @storm_trade_ton
Explore TON-themed learning, insightful AMAs, enhanced rewards soon!
đš JUST IN : BREAKING NEWS đš
#dogs PRICE PREDICTION âŒïž
Binance is set to officially list the DOGS token on August 26, 2024, at 12:00 UTC.
Token Name: $DOGS
Total and Max Token Supply: 550,000,000,000 DOGS
Launchpool Token Rewards: 22,000,000,000 DOGS (4% of total token supply)
Initial Circulating Supply When Listed on Binance: 516,750,000,000 DOGS (~93.95% of total token supply)
#Dogs Price Prediction
Given the current trend and hype surrounding DOGS, it is plausible to consider a market capitalization of $800 million to $1 billion. Hereâs how this translates into potential price ranges:
1. Market Cap of $800 Million:
Price Calculation:
Price = Market Cap /Total Supply =800,000,000/550,000,000,000 = $0.00145
2. Market Cap of $1 Billion:
Price Calculation:
Price = Market Cap/Total Supply= 1,000,000,000/550,000,000,000 = $0.00182
Could #DOGS List at $0.01?
Given the current hype and market conditions, it is plausible to consider a scenario where DOGS Token could reach or even be listed at $0.01. If DOGS were to list at this price, hereâs what the market capitalization would look like:
Market Cap Calculation:
Market Cap=PriceĂInitial Circulating Supply=0.01Ă516,750,000,000=$5,167,500,000
Initial Market Cap at $0.01 Listing Price: $5.17 billion
Price Prediction Scenarios Post-Listing
If DOGS manages to maintain or increase its market cap post-listing, further price growth could be seen. The continuation of this momentum will depend on several factors, including market sentiment, community engagement, and the overall performance of the cryptocurrency market.
If the market cap grows to $6 billion: The price could rise to approximately $0.0116.
If the market cap experiences a correction: The price might drop below $0.01, depending on the intensity of the sell-off and market conditions.
#MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole $BTC
[VOTE AND EARN 5 DOLLARS](https://app.binance.com/uni-qr/cpro/CryptoPrincess?l=en&r=359246578&uc=app_square_share_link&us=more) đž đ
Telegram Deems Misuse Allegations âAbsurdâ Following CEOâs Paris Arrest
Telegram stated that it complies with EU laws and dismissed claims that Durov or the platform is responsible for user abuse, calling such accusations "absurd."
Telegram on Sunday questioned France for arresting its CEO Pavel Durov, who was detained at a Paris airport over the weekend.
âTelegram abides by EU laws, including the Digital Services Act â its moderation is within industry standards and constantly improving,â the app said Monday on X. It added that Durov, who frequently travels across Europe, has ânothing to hide.â
âIt is absurd to claim that a platform or its owner are responsible for abuse of that platform,â the Dubai-based platform said.
Local media reported that authorities arrested Durov at Bourget airport near Paris on Saturday. French authorities reportedly detained the CEO upon his arrival from Azerbaijan on his private jet. He is originally from Russia, but holds dual citizenship with France and the United Arab Emirates.
The arrest is tied to an investigation into whether Telegramâs content moderation has enabled crimes like terrorism and trafficking. Durov has not been formally charged yet, but the investigation is centered on Telegramâs moderation practices.
Telegram-linked Toncoin has plunged 17% following the arrest. The token was down 1.1% on Monday.
#laraxen #LaraxenFamily #Laraxenteam
$FLUX /USDT
To effectively trade, understanding the concept of support and resistance is essential. These key levels help traders identify potential points where the price might reverse or stall. **Support** is the price level at which a stock or market tends to find buying interest as it declines, preventing the price from falling further. It's like a floor, where demand increases, keeping the price from dropping below a certain level.
On the other hand, **Resistance** is the price level at which a stock or market faces selling pressure as it rises, preventing the price from climbing higher. Think of it as a ceiling, where the supply increases, stopping the price from going up any further.
Traders often use support and resistance to make informed decisions. For instance, buying near support can be advantageous as the price may bounce back, while selling near resistance can be beneficial as the price might drop from that level. However, once these levels are broken, they can reverse roles; previous resistance can become support, and vice versa.
Recognizing these levels can enhance trading strategies, enabling traders to predict price movements more effectively and manage risks better.#MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves
{spot}(FLUXUSDT)
đ€Passive Income From Crypto Daily
âšïžHere are a few methods to consider:
[đ [CLICK HERE & VOTE FOR ME TO GET 10000 USDT]](https://app.binance.com/uni-qr/cpro/Crypto_Psychic?l=en-IN&r=70892612&uc=app_square_share_link&us=copylink)
đAirdrops: Some blockchain projects distribute free tokens (airdrops) to users as a promotional strategy. Keep an eye on social media, crypto forums, and websites that list upcoming airdrops. Participating in these can earn you free tokens.
đ°Faucets:Crypto faucets are websites or apps that give away small amounts of cryptocurrency for completing simple tasks, such as solving captchas or playing games.
đ§ČReferral Programs: Many cryptocurrency exchanges and platforms offer referral programs that reward you for inviting friends to join. Share your referral links with others, and when they sign up and make trades, you'll earn a percentage of their fees.
âšïž Content Creation: If you have knowledge about cryptocurrencies and blockchain technology, you can create content (e.g., blog posts, videos, podcasts) and monetize it through platforms like Steemit, Publish0x, or by accepting
crypto donations.
đ°Freelancing: Offer your skills and services in exchange for cryptocurrencies. There are freelance platforms like Bitwage that allow you to receive your salary in crypto.
đ§©Bounties: Some blockchain projects offer bounties for completing specific tasks or finding bugs in their software. Participating in these programs can earn you rewards in cryptocurrency.
âšïžCrypto Games: Some blockchain-based games offer the opportunity to earn tokens or NFTs (Non-Fungible Tokens) by playing. Keep in mind that these can be risky and time-consuming.
đŻRemember that the crypto market is highly volatile, and there are risks involved. Be cautious and do your research before participating in any method to earn free crypto. Additionally, it's essential to prioritize security and use reputable platforms and wallets to store your earnings.
$BTC $ETH $BNB
𫶠A Tip đ would be appreciated. đ„č
#ETH #Write2Earn! #BTC
The recent arrest of Telegram founder Pavel Durov in France has sparked a global outpouring of support for freedom of speech and digital rights.
Crypto Communities
-TON adopted the âResistance Dogâ as the new Toncoin logo, symbolizing the digital resistance movement Durov started to protect Telegram usersâ privacy and defend freedom of speech.
-Memeland raised a $1 million TON fund to support Durov.
-Andrei Grachev, founder of DWF Labs, purchased $500,000 worth of TON on the open market.
-TRONâs Justin Sun proposed the creation of a FreePavel DAO and pledged $1 million in support.
Social Media Executives
-Elon Musk, through the X platform, shared videos of Durov discussing US attempts to access Telegram, while expressing his support for the #FreePavel movement.
-Chris Pavlovski, CEO of Rumble, left Europe after Durov's arrest and has publicly called for his release. He is also involved in legal battles in France over content moderation and free speech.
Free Speech Advocates
-Edward Snowden, a former NSA employee and whistleblower, said the arrest is an attack on fundamental human rights, including freedom of speech and association.
-Podcaster Lex Fridman expressed his concerns, calling the arrest a troubling attack on free speech and warning that it could affect not only Telegram but other online platforms as well.
-Journalist Tucker Carlson recalled that Durov had fled Russia to escape the governmentâs control of his company, noting the irony that his arrest ultimately took place in a Western country, a NATO member.
Politicians
-Robert F. Kennedy Jr., a former US presidential candidate, stressed the critical importance of protecting free speech.-Nigel Farage, leader of Reform UK and MP for Clacton, called Durovâs arrest worrying, noting that all platforms have bad actors.-Florian Philippot, leader of the Patriots party in France, accused the French government of showing its tyrannical face to the world, calling the arrest an attack on free speech.Communities are calling for support for the DigitalResistance and FreeDurov movements.
Shiba Inu Announces DAO Plans
Shiba Inu (SHIB) unveiled its decentralized autonomous organization (DAO) plans on X on August 25. Lucie, Shiba Inu's marketing lead, explained the news.
The Shiba Inu DAO Vision
Lucie noted that Shiba Inu is the 13th biggest cryptocurrency by market capitalization, a testimony to its rapid increase since Ryoshi's 2020 founding. Shib was created as a token without a purpose to test a community-driven cryptocurrency. After burning the token's supply keys, Ryoshi handed over authority to Shytoshi Kusama and a team of volunteers.
Shib has grown from an experimental coin to a worldwide digital asset under Kusama. The DAO model will democratize governance and empower its community. Lucie revealed:
By launching the DAO, Shib plans to become a decentralized governance leader. This transformation will allow all stakeholders, regardless of stake size, to influence community direction. The DAO's implementation will give Shibizens greater authority over ecosystem choices.
The marketing lead teases integration into real-world use cases to guarantee long-term relevance and value. Besides market success, Shib's growth is driven by actual usefulness and broad awareness.
Shib plans to improve its governance system and increase its real-world applications. The launch of a DAO is expected to boost Shib's impact in decentralized finance (DeFi).
âShib will strengthen its governance and real-world applications as it develops. Shib's ascent from community experiment to top coin shows the potential of enthusiastic communities driving decentralized projects.
In addition to Lucie's views, Shiba Inu main developer Shytoshi Kusama explained the LEASH token's ecosystem value. âLeash holders moderate the Leash DAO, protecting the system and voting on disputes. Kusama told X that karma, reputation, and unique mechanisms safeguard Shibizens.
Kusama recently indicated that he would stand down as Shiba Inu's leader before the end of the year, presumably to make room for the DAO.
#SHIB $SHIB #CryptoMarketMoves
{spot}(SHIBUSDT)