đ Breaking News: Celsius is making it rain crypto! đ§ïžđž
1/ Celsius has distributed over $2.53B to 251,000 creditors as part of its bankruptcy process. That's right, folks, the crypto lender is back in action and spreading the wealth! đ°
2/ But wait, there's more! Another 121,000 creditors are still waiting to claim their share. If you're one of them, don't snooze on this! â°
3/ The plan involves distributing liquid crypto, cash, and stock in MiningCo to 375,000 creditors across 165 countries. Talk about global reach! đ
4/ Got thoughts on this epic distribution? Drop your comments below and let's discuss! đŁïžđ
#DeFi #Web3 #CryptoNews
We are at NO.2 position and with Your help we achieve No.1 as well.. [Click here and VOTE](https://app.binance.com/uni-qr/cpro/bullish_banter?l=en&r=826227325&uc=app_square_share_link&us=copylink) For 3 days..
The market operates independently, with no regard for predictions or analyses. As traders, we often fall into the trap of believing that our forecasts have power, but in truth, they are merely opinions in a sea of uncertainty. Relying solely on analysis and predictions is a recipe for consistent losses, as it ties us to our own biases and blinds us to what the market is actually doing.
If you find yourself frustrated when your predictions donât pan out, or if itâs difficult to admit you were wrong, then itâs likely youâre too focused on analysis. The key to successful trading isn't about knowing what the market will do next; itâs about adapting to what itâs currently doing. Shift your focus away from trying to predict the future and start paying attention to the present.
Profitable trading doesnât require you to catch the exact tops and bottoms or forecast every movement. Instead, learn to read the marketâs current state. What are the higher timeframes revealing? What direction is price action currently taking? Where is the nearest liquidity? The answers are all on the charts if youâre willing to look and listen.
Rather than being a forecaster, become an observer. Let go of expectations and engage with the market as it is, not as you wish it to be. This shift in mindset will not only improve your trading results but also help you approach the market with a clear and unbiased perspective.
#Write2Earn! #TelegramCEO #CryptoMarketMoves #BinanceBlockchainWeek #BlackRockETHOptions
Earning Bitcoin (BTC) on Binance: A Quick Guide
#Btc $BTC
{spot}(BTCUSDT)
#
With cryptocurrency continuing to trend worldwide, Binance has emerged as a leading platform for earning and trading Bitcoin (BTC). Whether youâre new to the world of crypto or a seasoned investor, Binance offers several opportunities to earn BTC through its various features.
1. Staking and Savings:
Binance provides options like Flexible Savings and Locked Staking, where you can deposit your assets and earn interest over time. These methods allow you to passively grow your BTC holdings without actively trading.
2. Trading BTC:
Spot and Futures trading are the go-to methods for active traders. Binance offers a wide range of trading pairs and tools. By analyzing market trends, you can buy low and sell high to increase your BTC balance. Futures trading allows for leverage but also comes with higher risk.
3. Binance Earn Programs:
Binance has dedicated products like Launchpool and Liquid Swap that let you earn rewards in BTC and other tokens. For instance, in Launchpool, you can stake BNB or other tokens to farm new tokens that might include Bitcoin rewards.
4. B$TC Farming:
Liquidity farming or Yield Farming is another trending method where you provide liquidity to specific pairs and earn fees and rewards in BTC or other crypto. Binanceâs Automated Market Maker (AMM) model allows you to earn from trading fees while holding Bitcoin.
5. Referral Programs:
By inviting friends to Binance, you can earn a percentage of their trading fees in BTC. This passive earning strategy rewards those who share the platform with their network.
Conclusion
Earning Bitcoin on Binance offers flexibility, from active trading to more passive options like staking or yield farming. Always remember to do your research and manage risk wisely, as crypto markets can be highly volatile.
LIT (LIT Token) is a cryptocurrency token that powers the Lit Network, a decentralized network for digital assets and decentralized finance (DeFi) applications. Here are some key points about LIT:$LIT
_Key Features:_
1. _Decentralized network for digital assets_: LIT enables the creation, management, and transfer of digital assets on the Lit Network.
2. _DeFi applications_: LIT can be used in DeFi applications such as lending, borrowing, and yield farming.
3. _Token-based incentives_: LIT holders can earn rewards by contributing to the network.
4. _Decentralized governance_: LIT has a decentralized governance model for community decision-making.
5. _Cross-chain compatibility_: LIT enables compatibility with multiple blockchains for expanded reach.
_Use Cases:_
1. _Digital asset creation and management_
2. _DeFi applications and lending_
3. _Token-based incentives and rewards_
4. _Decentralized governance and decision-making_
5. _Cross-chain compatibility and
**Crypto Reporting Framework Proposed in New Zealand**
New Zealand's Minister of Revenue, Simon Watts, has introduced a new bill aimed at tightening crypto tax regulations. The "Taxation (Annual Rates for 2024â25, Emergency Response, and Remedial Measures)" bill includes the OECDâs Crypto-Asset Reporting Framework (CARF) and updates to the Common Reporting Standard (CRS).
**Key Points:**
- Starting April 1, 2026, crypto service providers in New Zealand must collect and report user transaction data.
- Reports are due to Inland Revenue by June 30, 2027, and will be shared internationally by September 30, 2027.
- Non-compliance could result in fines ranging from 300 NZD to 100,000 NZD.
This move aims to ensure proper taxation of crypto profits and enhance global tax transparency.
Binance Shakes Up Crypto Market with Surprise Delisting of 6 Altcoins
In a sudden move, Binance removed six cryptocurrencies from its platform on August 26, 2024, citing failure to meet strict standards. The delisted coins - PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), REEF (REEF), and VGX Token (VGX) - suffered significant price drops, ranging from 14% to 40% in just one day.
Binance regularly evaluates listed cryptocurrencies to ensure they meet high standards, including team commitment, trading volume, and network security. If a cryptocurrency no longer meets these standards, it's removed to protect users and maintain a stable trading environment.
This isn't the first time Binance has delisted cryptocurrencies, a move that often causes market volatility. Stay informed and adapt to changing market conditions!
#DOGSONBINANCE
#BNBChainMemecoins
#TelegramCEO
#PowellAtJacksonHole
#CryptoMarketMoves
Can PEPE Hit $1? A Future Analysis
With a current market cap of $3.78 billion and a circulating supply of 420.69 trillion PEPE, we examine the feasibility of PEPE reaching $1 per coin.
To reach $1, PEPE's market cap would need to soar to $420.69 trillion, vastly surpassing its current value and the combined market cap of all cryptocurrencies. For perspective, Bitcoin's market cap is around $500 billion, and even the global economy couldn't support a market cap in the hundreds of trillions.
Realistically, PEPE's massive supply and required market cap make it extremely challenging, if not impossible, for it to reach $1. Even significant market shifts wouldn't be enough to achieve this price point.$PEPE
{spot}(PEPEUSDT)
#DOGSONBINANCE #BNBChainMemecoins
#TelegramCEO #PowellAtJacksonHole
#CryptoMarketMoves
#INJ $INJ
MartClues AI Analysis: Falling Wedge Pattern
Trade Setup:
As of Aug 27, 8:00 UTC, a Falling Wedge pattern has been identified and is still in the process of forming. This pattern suggests a possible bearish price movement towards the support level of 20.3077 within the next 14 hours.
Pattern: Falling Wedge
Typically, the Falling Wedge is a bullish reversal pattern. However, if the pattern is forming and the price is moving within the wedge, it could indicate a temporary bearish move before a potential upward reversal if the pattern completes as expected.
Trend and Momentum:
Short-term Trend: Bearish (pending confirmation of the patternâs direction)Medium-term Trend: To be determined based on the patternâs developmentLong-term Trend: Monitor for any changes based on price action and the patternâs completion
Support and Resistance:
Nearest Support Zone: 20.3077 (target level for potential bearish movement)Resistance: Watch for interaction points and potential breakouts if the pattern shifts direction
Take Action:
Monitor the price action closely as it approaches the support level of 20.3077. Set a price alert to stay updated on significant changes and adjust your strategy according to the patternâs confirmation and further developments.
Meme Coin Madness: DOGS Tumbles 22% as Traders Chase New Base Coin Sensation
The unpredictable world of meme coins has struck again! DOGS, once a crypto darling, has plummeted 22% in 24 hours. Meanwhile, a new base meme coin is captivating traders with its huge potential, simplicity, and community focus.
DOGS' downfall is largely due to a shift in market attention. Traders are flocking to the new coin, driven by FOMO and its promising narrative. As more investors jump in, the price is rising, but hesitation may mean missing the boat. The meme coin market is notoriously volatile, and latecomers may end up with a depreciating asset.
Will DOGS rebound or is it time to pivot? Investors must make informed decisions quickly, as timing is everything in crypto. Stay ahead of the curve and thrive in the ever-changing meme coin landscape.
#DOGSONBINANCE
#BNBChainMemecoins
#TelegramCEO
#PowellAtJacksonHole
$DOGS
{spot}(DOGSUSDT)
$POLYX /USDT
**Identifying Resistance Levels and IT Spots in Trading**
In trading, understanding resistance levels and identifying potential IT (Institutional Trading) spots can significantly enhance decision-making. A resistance level is a price point at which an asset experiences selling pressure, preventing it from rising further. Traders closely monitor these levels, as they often indicate where a stock might face difficulty in moving higher.
IT spots, on the other hand, refer to price areas where institutional investorsâsuch as hedge funds and large asset managersâare likely to engage in significant buying or selling activity. These spots are critical because institutional trading can create substantial price movements, influencing the market's overall direction.
By identifying resistance levels, traders can set strategic entry and exit points, while recognizing IT spots can help anticipate large market moves. Combining these insights allows traders to align their strategies with market dynamics, potentially leading to more successful trades. Therefore, both resistance levels and IT spots are essential tools in a traderâs arsenal, providing a clearer picture of market sentiment and potential price movements.
Understanding and applying these concepts can help traders navigate the complexities of the market with greater confidence and precision.#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves
{spot}(POLYXUSDT)
Bears couldn't bring them down: The highest-rising altcoins of the day!
Altcoins that continued to rise despite the leading cryptocurrency Bitcoin (BTC) losing nearly 3 percent in value were surprising.
Helium (HNT), which provides decentralized wireless infrastructure services by utilizing 5G access points, became the highest rising altcoin of the day. HNT rose 12 percent in the last 24 hours.
Akash Network (AKT), a blockchain initiative in the Cosmos ecosystem, has increased by 11 percent in the last 24 hours. The popular cryptocurrency is the second highest-rising altcoin of the day.
Decred (DCR), a blockchain project created by its founders by copying the Bitcoin code, was one of the names that left their mark on the day. DCR increased by over 9 percent in the last 24 hours.
The Artificial Superintelligence Alliance (FET), a combination of AI coins Ocean Protocol, Fetch.ai and Singularity, rose 8.7% in the last 24 hours. The crypto project, which aims to create a super AI computer, took the top spot of the day.
OriginTrail (TRAC), located on the Ethereum blockchain, increased by 7.5 percent in the last 24 hours. The project, which provides information services in many areas ranging from art to business certificate verification, left its mark on the day.
*2024âs Hottest Altcoins You Canât Ignore*âïž
*Solana*đïžâđšïž
*1 * *Solana* has been making waves in the crypto space with its high-speed, low-cost blockchain. Known for its ability to process thousands of transactions per second, Solana is positioning itself as a serious competitor to Ethereum in the world of decentralized finance (DeFi) and non-fungible tokens (NFTs). With ongoing development and increasing adoption, SOL could see substantial growth in 2024.
*2* *TRON (TRX)*đïžâđšïž
*TRON* has established itself as a major player in the blockchain space, offering a platform for decentralized content sharing and entertainment. With its focus on scalability and low transaction costs, TRX has gained popularity among developers and users alike. As the demand for decentralized applications continues to grow, TRONâs ecosystem could expand significantly in 2024.
*3* *NEAR Protocol (* *NEAR)*
*NEAR* Protocol is gaining attention for its user-friendly approach to blockchain technology. With its focus on scalability and interoperability, NEAR aims to bring blockchain to the masses. The platformâs unique sharding technology allows for high throughput and low transaction costs, making it attractive for developers and businesses. As blockchain adoption increases, NEAR could see substantial growth in 2024.
*4* *Polygon* ( *MATIC* )
*Polygon* has positioned itself as a vital scaling solution for Ethereum, offering faster and cheaper transactions while maintaining security. As the demand for efficient blockchain infrastructure grows, Polygonâs role in the ecosystem becomes increasingly important. With ongoing development and partnerships, MATIC could be a strong performer in 2024.
*Conclusion*đ°đ°
As Solana, Pepe, Tron, Polygon and Near Protocol shows bullish potentials.By applying expert strategies and considering emerging markets, investors may find opportunities even in the most challenging market conditions.
The buzz around DOGS is palpable, and its listing on Binance has sparked speculation about its potential to be the next crypto sensation. With its standout features, including reaching 50 million holders before listing and its integration with Telegram, DOGS is generating significant interest. Predictions of substantial price surges, potentially reaching $0.1 or even $0.2, are circulating. However, it's crucial to acknowledge the crypto market's volatility, where prices can fluctuate rapidly. While only time will tell if DOGS will meet the hype, it's undoubtedly a token worth watching closely.
#DOGSONBINANCE #BNBChainMemecoins
#TelegramCEO #PowellAtJacksonHole
#CryptoMarketMoves