CryptoPatel
1.5M megtekintés
345 Bejegyzések
Népszerű
Legfrissebb
Avoiding Price Manipulation in Trading: Tips and Strategies
Avoiding Price Manipulation in Trading: Tips and Strategies
Price manipulation is a common problem that many traders face, and it can cause significant losses. In this article, we'll discuss what price manipulation is, why it happens, and two simple ways to avoid it.
What is Price Manipulation?
Price manipulation is an intentional act of increasing or decreasing prices to cause traders to lose money. This can be done by individuals, groups, or institutions, and it can occur in any market.
Why Does Price Manipulation Occur? Price manipulation occurs because it is profitable for those who manipulate the market. They can make money by taking advantage of retail traders who are not aware of what is happening.
Example:- Check in this Chart Red Box is Perfect Example.
How to Avoid Price Manipulation in Trading:
Place Your Stop Loss Below Key Levels One way to avoid price manipulation is to place your stop loss below key levels. This means that you should not have very tight stop losses because the chances are that you will not be profitable. Instead, you should place your stop loss at a level that is likely to hold if the price moves against you.
Risk Around 1-3% on Each Trade Another way to avoid price manipulation is to risk around 1-3% on each trade. This means that you should protect your capital at all costs. You should never put yourself in a position where there is a chance that you could lose everything.
Conclusion:
Institutions and exchanges want you to lose everything, which is why they provide high leverage. However, it is important to remember that smaller, consistent gains are better than risking everything for a chance at a big win. By following the tips and strategies outlined in this article, you can avoid falling into the trap of price manipulation and become a more successful trader.
Takeaways:
Price manipulation is an intentional act of increasing or decreasing prices to cause traders to lose money.
Price manipulation occurs because it is profitable for those who manipulate the market.
To avoid price manipulation, place your stop loss below key levels and risk around 1-3% on each trade.
Smaller, consistent gains are better than risking everything for a chance at a big win.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Binance #BTC #Educational #feedfeverchallenge #CryptoPatel
Price manipulation is a common problem that many traders face, and it can cause significant losses. In this article, we'll discuss what price manipulation is, why it happens, and two simple ways to avoid it.
What is Price Manipulation?
Price manipulation is an intentional act of increasing or decreasing prices to cause traders to lose money. This can be done by individuals, groups, or institutions, and it can occur in any market.
Why Does Price Manipulation Occur? Price manipulation occurs because it is profitable for those who manipulate the market. They can make money by taking advantage of retail traders who are not aware of what is happening.
Example:- Check in this Chart Red Box is Perfect Example.
How to Avoid Price Manipulation in Trading:
Place Your Stop Loss Below Key Levels One way to avoid price manipulation is to place your stop loss below key levels. This means that you should not have very tight stop losses because the chances are that you will not be profitable. Instead, you should place your stop loss at a level that is likely to hold if the price moves against you.
Risk Around 1-3% on Each Trade Another way to avoid price manipulation is to risk around 1-3% on each trade. This means that you should protect your capital at all costs. You should never put yourself in a position where there is a chance that you could lose everything.
Conclusion:
Institutions and exchanges want you to lose everything, which is why they provide high leverage. However, it is important to remember that smaller, consistent gains are better than risking everything for a chance at a big win. By following the tips and strategies outlined in this article, you can avoid falling into the trap of price manipulation and become a more successful trader.
Takeaways:
Price manipulation is an intentional act of increasing or decreasing prices to cause traders to lose money.
Price manipulation occurs because it is profitable for those who manipulate the market.
To avoid price manipulation, place your stop loss below key levels and risk around 1-3% on each trade.
Smaller, consistent gains are better than risking everything for a chance at a big win.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Binance #BTC #Educational #feedfeverchallenge #CryptoPatel
🔰29,072,040 #Ethereum is locked🔒
🔰29,072,040 ETH = ~$72 Billion
🔰~$72B+ $ETH is locked🔒
🔰New Ethereum roadmap ☑️
🔰ETH ETF coming soon 🔜
#ETHUSDT Bullish in Long Term 🤟
#ETH #CryptoPatel #BullMarket
$BNB $BTC
🔰29,072,040 ETH = ~$72 Billion
🔰~$72B+ $ETH is locked🔒
🔰New Ethereum roadmap ☑️
🔰ETH ETF coming soon 🔜
#ETHUSDT Bullish in Long Term 🤟
#ETH #CryptoPatel #BullMarket
$BNB $BTC
Unveiling the Mystery Behind Bitcoin Mining: How It Works
In a traditional fiat money system, governments have the ability to print more money as and when required. However, in the case of Bitcoin, there is no printing of money. Instead, the currency is discovered through a process known as mining. This process involves a global network of computers competing with each other to mine coins.
So, how exactly does Bitcoin mining work?
Essentially, Bitcoin mining is the process of verifying Bitcoin transactions and recording them on a decentralized ledger, which is known as the blockchain. In this comprehensive guide, we will explore the fundamentals of Bitcoin mining and the key processes that underlie it.
What is Bitcoin mining?
Bitcoin mining can be defined as a process of “discovering” bitcoins. Much like gold, bitcoins are artificially limited, and there can never be more than 21 million BTC. Also, like gold, you need to allocate resources and hard work to extract it. However, unlike mining gold, bitcoins are designed to be minted using the computational power of millions of competing computers from all over the world.
It may be tricky to wrap your head around it at first, but in fact, it is quite genius. Everyone is free to run a Bitcoin node and try their luck at mining, but no one is guaranteed to be profitable at it. However, these millions of computers ensure one thing - the functionality and security of the network.
If you want to dive deeper into the topic of “what is bitcoin mining,” see our namesake guide.
For now, all you need to know is that Bitcoin mining serves multiple purposes:
Secures the Bitcoin network.
Incentivizes the miners to allocate their resources to the Bitcoin network.
Confirms Bitcoin transactions.
Ensures the decentralization of Bitcoin (which makes it free global peer-to-peer (P2P) money).
Makes bitcoins scarce and hard to get.
Penalizes bad actors in the network by making it unprofitable to go against the system.
What are Bitcoin Hashes?
Every time a block is mined, a hash is generated. A hash is a seemingly random sequence of numbers and letters that is unique to every block. The miners use the SHA-256 Cryptographic Hash Algorithm to generate these hashes. It is practically impossible to decrypt the data just by looking at the hash, which makes it a reliable way to ensure that the block is legitimate.
How Bitcoin Mining Works?
When a block of transactions is ready, the miners need to process it. They apply the SHA-256 Cryptographic Hash Algorithm to turn it into a hash. The hash is then stored with the block at the end of the blockchain, which serves as proof of work and validation. Miners compete with each other to guess the output of the hash correctly. The miner who guesses it first mines the block and receives a block reward, which is currently set at 12.5 BTC per block.
Why Bitcoin Mining Matters?
Bitcoin mining is essential because it ensures the integrity of the Bitcoin network. Miners keep the network secure by verifying transactions and adding them to the blockchain. They also play a vital role in determining the supply of new Bitcoins. As the block reward decreases, it is expected that the value of Bitcoin will appreciate.
Takeaways
Bitcoin mining is the process of verifying transactions and adding them to the blockchain.
Miners use the SHA-256 Cryptographic Hash Algorithm to generate a unique hash for each block.
Miners compete with each other to guess the output of the hash correctly and mine the block.
The block reward is currently set at 12.5 BTC per block and decreases by half every 210,000 blocks.
Bitcoin mining is essential to the security and integrity of the Bitcoin network.
Conclusion
Bitcoin mining is a complex process that requires significant computational power. It plays a critical role in ensuring the integrity of the Bitcoin network and determining the supply of new Bitcoins. As Bitcoin continues to gain popularity, mining will become more competitive, and miners will need to adapt to keep up.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Binance #BTC #eth2.0 #crypto2023 #CryptoPatel
So, how exactly does Bitcoin mining work?
Essentially, Bitcoin mining is the process of verifying Bitcoin transactions and recording them on a decentralized ledger, which is known as the blockchain. In this comprehensive guide, we will explore the fundamentals of Bitcoin mining and the key processes that underlie it.
What is Bitcoin mining?
Bitcoin mining can be defined as a process of “discovering” bitcoins. Much like gold, bitcoins are artificially limited, and there can never be more than 21 million BTC. Also, like gold, you need to allocate resources and hard work to extract it. However, unlike mining gold, bitcoins are designed to be minted using the computational power of millions of competing computers from all over the world.
It may be tricky to wrap your head around it at first, but in fact, it is quite genius. Everyone is free to run a Bitcoin node and try their luck at mining, but no one is guaranteed to be profitable at it. However, these millions of computers ensure one thing - the functionality and security of the network.
If you want to dive deeper into the topic of “what is bitcoin mining,” see our namesake guide.
For now, all you need to know is that Bitcoin mining serves multiple purposes:
Secures the Bitcoin network.
Incentivizes the miners to allocate their resources to the Bitcoin network.
Confirms Bitcoin transactions.
Ensures the decentralization of Bitcoin (which makes it free global peer-to-peer (P2P) money).
Makes bitcoins scarce and hard to get.
Penalizes bad actors in the network by making it unprofitable to go against the system.
What are Bitcoin Hashes?
Every time a block is mined, a hash is generated. A hash is a seemingly random sequence of numbers and letters that is unique to every block. The miners use the SHA-256 Cryptographic Hash Algorithm to generate these hashes. It is practically impossible to decrypt the data just by looking at the hash, which makes it a reliable way to ensure that the block is legitimate.
How Bitcoin Mining Works?
When a block of transactions is ready, the miners need to process it. They apply the SHA-256 Cryptographic Hash Algorithm to turn it into a hash. The hash is then stored with the block at the end of the blockchain, which serves as proof of work and validation. Miners compete with each other to guess the output of the hash correctly. The miner who guesses it first mines the block and receives a block reward, which is currently set at 12.5 BTC per block.
Why Bitcoin Mining Matters?
Bitcoin mining is essential because it ensures the integrity of the Bitcoin network. Miners keep the network secure by verifying transactions and adding them to the blockchain. They also play a vital role in determining the supply of new Bitcoins. As the block reward decreases, it is expected that the value of Bitcoin will appreciate.
Takeaways
Bitcoin mining is the process of verifying transactions and adding them to the blockchain.
Miners use the SHA-256 Cryptographic Hash Algorithm to generate a unique hash for each block.
Miners compete with each other to guess the output of the hash correctly and mine the block.
The block reward is currently set at 12.5 BTC per block and decreases by half every 210,000 blocks.
Bitcoin mining is essential to the security and integrity of the Bitcoin network.
Conclusion
Bitcoin mining is a complex process that requires significant computational power. It plays a critical role in ensuring the integrity of the Bitcoin network and determining the supply of new Bitcoins. As Bitcoin continues to gain popularity, mining will become more competitive, and miners will need to adapt to keep up.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Binance #BTC #eth2.0 #crypto2023 #CryptoPatel
Ripple Labs' Legal Battle with SEC: A Landmark Case for Crypto Regulation
Ripple Labs' Legal Battle with SEC: A Landmark Case for Crypto Regulation
Ripple Labs is in the midst of a legal battle with the United States Securities and Exchange Commission (SEC) over the classification of XRP tokens. At the heart of the dispute is the Chevron Doctrine, a legal precedent that grants regulatory agencies significant leeway in interpreting ambiguous laws. The outcome of the case could have far-reaching consequences for the entire cryptocurrency industry.
Challenging the Chevron Doctrine:
A Fight for Regulatory Clarity The Chevron Doctrine allows regulatory agencies to interpret laws in ways that may not align with the original intent of Congress. Ripple’s attorney argues that challenging the doctrine is critical, as it could pave the way for more precise and transparent regulation of cryptocurrencies, benefiting the entire industry.
Decoding the Future of Crypto Regulations
A ruling in Ripple’s favor could force regulatory bodies to establish clearer rules and guidelines for the classification and regulation of digital assets. This shift could reduce uncertainty and encourage more mainstream investors and entrepreneurs to invest in the crypto industry. Furthermore, it could also encourage other nations to adopt similar regulatory frameworks, promoting global consistency in the treatment of cryptocurrencies.
The Implications of the Case for Crypto Industry
The outcome of this case could significantly reshape the regulatory landscape for digital assets. By challenging the Chevron Doctrine, Ripple is fighting for the clarity and stability that the entire crypto industry needs to thrive. The implications of this case extend far beyond XRP and Ripple Labs, making it one of the most critical legal battles in the history of digital assets.
Takeaways
Ripple Labs is challenging the SEC's classification of XRP as a security
The case is also about challenging the Chevron Doctrine and its implications for crypto regulation
A ruling in Ripple's favor could promote more precise and transparent regulation of cryptocurrencies
The outcome of the case could reshape the regulatory landscape for digital assets
Ripple is fighting for the clarity and stability that the entire crypto industry needs to thrive
Conclusion
As Ripple Labs' legal battle with the SEC continues, the implications for the entire crypto industry are significant. By challenging the Chevron Doctrine, Ripple is fighting for more than just its own survival. It is fighting for the clarity and stability that the entire crypto industry needs to thrive. The outcome of this case could ultimately determine the future direction of cryptocurrency regulation, making it one of the most critical legal battles in the history of digital assets.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Binance #BTC #xrp #eth2.0 #CryptoPatel
Ripple Labs is in the midst of a legal battle with the United States Securities and Exchange Commission (SEC) over the classification of XRP tokens. At the heart of the dispute is the Chevron Doctrine, a legal precedent that grants regulatory agencies significant leeway in interpreting ambiguous laws. The outcome of the case could have far-reaching consequences for the entire cryptocurrency industry.
Challenging the Chevron Doctrine:
A Fight for Regulatory Clarity The Chevron Doctrine allows regulatory agencies to interpret laws in ways that may not align with the original intent of Congress. Ripple’s attorney argues that challenging the doctrine is critical, as it could pave the way for more precise and transparent regulation of cryptocurrencies, benefiting the entire industry.
Decoding the Future of Crypto Regulations
A ruling in Ripple’s favor could force regulatory bodies to establish clearer rules and guidelines for the classification and regulation of digital assets. This shift could reduce uncertainty and encourage more mainstream investors and entrepreneurs to invest in the crypto industry. Furthermore, it could also encourage other nations to adopt similar regulatory frameworks, promoting global consistency in the treatment of cryptocurrencies.
The Implications of the Case for Crypto Industry
The outcome of this case could significantly reshape the regulatory landscape for digital assets. By challenging the Chevron Doctrine, Ripple is fighting for the clarity and stability that the entire crypto industry needs to thrive. The implications of this case extend far beyond XRP and Ripple Labs, making it one of the most critical legal battles in the history of digital assets.
Takeaways
Ripple Labs is challenging the SEC's classification of XRP as a security
The case is also about challenging the Chevron Doctrine and its implications for crypto regulation
A ruling in Ripple's favor could promote more precise and transparent regulation of cryptocurrencies
The outcome of the case could reshape the regulatory landscape for digital assets
Ripple is fighting for the clarity and stability that the entire crypto industry needs to thrive
Conclusion
As Ripple Labs' legal battle with the SEC continues, the implications for the entire crypto industry are significant. By challenging the Chevron Doctrine, Ripple is fighting for more than just its own survival. It is fighting for the clarity and stability that the entire crypto industry needs to thrive. The outcome of this case could ultimately determine the future direction of cryptocurrency regulation, making it one of the most critical legal battles in the history of digital assets.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Binance #BTC #xrp #eth2.0 #CryptoPatel
#BitcoinETF CryptoPatel Update: Day 5
We're eagerly awaiting data from $IBIT/BlackRock and $BRRR/Valkyrie. Meanwhile, $GBTC saw another big outflow of $582 million, bringing the total outflow to a staggering $2.2 billion so far.
🤔 What does this mean for the future of Bitcoin ETFs?
Let's keep an eye on the race!
Follow for more updates!
#Bitcoin #ETF #VIPElevateandEarn #CryptoPatel
$BTC $ETH $SOL
We're eagerly awaiting data from $IBIT/BlackRock and $BRRR/Valkyrie. Meanwhile, $GBTC saw another big outflow of $582 million, bringing the total outflow to a staggering $2.2 billion so far.
🤔 What does this mean for the future of Bitcoin ETFs?
Let's keep an eye on the race!
Follow for more updates!
#Bitcoin #ETF #VIPElevateandEarn #CryptoPatel
$BTC $ETH $SOL
Ethereum Chart Analysis: A Bearish Overview with Short Entry Opportunities
Ethereum Chart Analysis: A Bearish Overview with Short Entry Opportunities:
Ethereum, the world's second-largest cryptocurrency, has been experiencing significant price movements lately. As of now, ETH/USDT is trading at $1796, and chart analysis indicates a 13% decline from the short entry. In this article, we will analyze the Ethereum chart and discuss potential short-entry opportunities.
Headings:
Ethereum Chart Overview
High Liquidity Area and Expected Bounce
50 Days MA Resistance Level
Bullish and Bearish Trends
Support Levels and Potential Price Movements
Trading Tips and Conclusion
Ethereum Chart Overview:
Ethereum has experienced a decline in price, and as per the chart analysis, the current price is 13% down from the short entry. However, the $1780 level is a high liquidity area, indicating a potential bounce in the near future. As traders, we can wait for a good short-entry opportunity.
Previous Analysis:- https://www.binance.com/en/feed/post/494349?ref=35768258&utm_campaign=app_share_link
High Liquidity Area and Expected Bounce:
The $1780 level is a high liquidity area, suggesting a potential bounce in the short term. However, traders must keep in mind that if the liquidity level breaks down, we may see a further decline in the price of Ethereum, possibly reaching $1555 or $1370 levels.
50 Days MA Resistance Level:
The 50 days Moving Average (MA) has become a resistance level, indicating a bearish trend. As of now, the resistance level is around $1880. Therefore, traders can consider a short entry below this level.
Bullish and Bearish Trends:
In simple terms, Ethereum is bearish below the 50 days MA resistance level and bullish above it. Traders must keep a close eye on the MA levels to determine the market trend and identify potential trading opportunities.
Support Levels and Potential Price Movements:
At support level 1, we can see the 200 days MA, indicating a high chance of a bounce from the $1555 level if Ethereum drops from the 50 days MA resistance level. As traders, we must be prepared for potential price movements and have a solid risk management plan in place.
Trading Tips and Conclusion:
Trading blindly is never recommended. Traders must wait for confirmations and place stop-loss orders in every trade. This article is not financial advice, and traders must do their own research before investing in any coins. In conclusion, Ethereum is currently in a bearish trend, and traders must keep a close eye on the MA levels and support levels to identify potential trading opportunities.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#BTC #ETH #Ethereum #googleai #CryptoPatel
Ethereum, the world's second-largest cryptocurrency, has been experiencing significant price movements lately. As of now, ETH/USDT is trading at $1796, and chart analysis indicates a 13% decline from the short entry. In this article, we will analyze the Ethereum chart and discuss potential short-entry opportunities.
Headings:
Ethereum Chart Overview
High Liquidity Area and Expected Bounce
50 Days MA Resistance Level
Bullish and Bearish Trends
Support Levels and Potential Price Movements
Trading Tips and Conclusion
Ethereum Chart Overview:
Ethereum has experienced a decline in price, and as per the chart analysis, the current price is 13% down from the short entry. However, the $1780 level is a high liquidity area, indicating a potential bounce in the near future. As traders, we can wait for a good short-entry opportunity.
Previous Analysis:- https://www.binance.com/en/feed/post/494349?ref=35768258&utm_campaign=app_share_link
High Liquidity Area and Expected Bounce:
The $1780 level is a high liquidity area, suggesting a potential bounce in the short term. However, traders must keep in mind that if the liquidity level breaks down, we may see a further decline in the price of Ethereum, possibly reaching $1555 or $1370 levels.
50 Days MA Resistance Level:
The 50 days Moving Average (MA) has become a resistance level, indicating a bearish trend. As of now, the resistance level is around $1880. Therefore, traders can consider a short entry below this level.
Bullish and Bearish Trends:
In simple terms, Ethereum is bearish below the 50 days MA resistance level and bullish above it. Traders must keep a close eye on the MA levels to determine the market trend and identify potential trading opportunities.
Support Levels and Potential Price Movements:
At support level 1, we can see the 200 days MA, indicating a high chance of a bounce from the $1555 level if Ethereum drops from the 50 days MA resistance level. As traders, we must be prepared for potential price movements and have a solid risk management plan in place.
Trading Tips and Conclusion:
Trading blindly is never recommended. Traders must wait for confirmations and place stop-loss orders in every trade. This article is not financial advice, and traders must do their own research before investing in any coins. In conclusion, Ethereum is currently in a bearish trend, and traders must keep a close eye on the MA levels and support levels to identify potential trading opportunities.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#BTC #ETH #Ethereum #googleai #CryptoPatel
Mt. Gox Initiates Repayments to Creditors via PayPal
Background:
Mt. Gox, the defunct bitcoin exchange that collapsed in 2014, has reportedly begun repaying some of its creditors.Last month, the exchange's trustee announced plans to repay creditors in cash in the coming months.
User Testimonials on Reddit:
Users on a Reddit thread, claiming to be creditors of Mt. Gox, shared their experiences of receiving payments through PayPal.One user, Free-End2543, posted a screenshot of a PayPal notification confirming the receipt of payment.Another user, rpostwvu, expressed surprise at receiving a legitimate Japanese yen payment via PayPal.
Confirmation via Telegram Group:
A user from the "MtGoxCreditors" Telegram group confirmed receiving a Japanese yen-denominated payment dated December 25 from the Mt. Gox trustee through PayPal.
Trustee's Response:
The Block reached out to Mt. Gox's rehabilitation trustee for comment, but there was no immediate response.
Repayment Plans and Extension:
Mt. Gox, in an email to creditors last month, announced efforts to initiate repayments in cash within the 2023 calendar year.Due to the substantial number of rehabilitation creditors, the trustee acknowledged that repayments might extend into 2024.In September, Mt. Gox extended the deadline for rehabilitation creditor repayments from October 31, 2023, to October 31, 2024.
Mt. Gox History:
Launched in 2010, Mt. Gox was a Tokyo-based platform that became the largest bitcoin exchange globally by 2013, handling 70% of all bitcoin trades.The exchange faced a crisis in 2014 when it suspended trading, halted all withdrawals, and filed for bankruptcy protection after losing over 800,000 bitcoins.
#MtGox #sol #BTC #NEAR #CryptoPatel
$BTC $XRP $SOL
Background:
Mt. Gox, the defunct bitcoin exchange that collapsed in 2014, has reportedly begun repaying some of its creditors.Last month, the exchange's trustee announced plans to repay creditors in cash in the coming months.
User Testimonials on Reddit:
Users on a Reddit thread, claiming to be creditors of Mt. Gox, shared their experiences of receiving payments through PayPal.One user, Free-End2543, posted a screenshot of a PayPal notification confirming the receipt of payment.Another user, rpostwvu, expressed surprise at receiving a legitimate Japanese yen payment via PayPal.
Confirmation via Telegram Group:
A user from the "MtGoxCreditors" Telegram group confirmed receiving a Japanese yen-denominated payment dated December 25 from the Mt. Gox trustee through PayPal.
Trustee's Response:
The Block reached out to Mt. Gox's rehabilitation trustee for comment, but there was no immediate response.
Repayment Plans and Extension:
Mt. Gox, in an email to creditors last month, announced efforts to initiate repayments in cash within the 2023 calendar year.Due to the substantial number of rehabilitation creditors, the trustee acknowledged that repayments might extend into 2024.In September, Mt. Gox extended the deadline for rehabilitation creditor repayments from October 31, 2023, to October 31, 2024.
Mt. Gox History:
Launched in 2010, Mt. Gox was a Tokyo-based platform that became the largest bitcoin exchange globally by 2013, handling 70% of all bitcoin trades.The exchange faced a crisis in 2014 when it suspended trading, halted all withdrawals, and filed for bankruptcy protection after losing over 800,000 bitcoins.
#MtGox #sol #BTC #NEAR #CryptoPatel
$BTC $XRP $SOL
💰 2024 WILL BE THE NEXT HALVING
📈 2012 BTC halving
Price = $180
After a year = $510
📈 2016 BTC halving
Price = $660
After a year = $2,600
📈 2020 BTC halving
Price = $8,600
After a year = $58,000
📈 2024 WILL BE THE NEXT HALVING,
💰NEW MILLIONAIRES WILL BORN 💰
Don't miss out on the next big thing! 🚀
Please Like RT if you Like M Content.
Thank you.
#BTC #BitcoinHalving #halving #etf #CryptoPatel
$BTC $ETH $SOL
📈 2012 BTC halving
Price = $180
After a year = $510
📈 2016 BTC halving
Price = $660
After a year = $2,600
📈 2020 BTC halving
Price = $8,600
After a year = $58,000
📈 2024 WILL BE THE NEXT HALVING,
💰NEW MILLIONAIRES WILL BORN 💰
Don't miss out on the next big thing! 🚀
Please Like RT if you Like M Content.
Thank you.
#BTC #BitcoinHalving #halving #etf #CryptoPatel
$BTC $ETH $SOL
🔔 Breaking News:
Defiance Capital just sold 710,000 $LDO for 927 $ETH ($2.37M) at an average price of $3.34 today.
🔹Current holdings:
Defiance Capital still holds ~6.4M #LDO ($21M) in two wallets:
1️⃣ 0xb4F70F2F0f1A27276571a12e60c64E321f40d47C
2️⃣ 0x9B5ea8C719e29A5bd0959FaF79C9E5c8206d0499
#Ethereum #ETH #Crypto #CryptoPatel
$SOL
Defiance Capital just sold 710,000 $LDO for 927 $ETH ($2.37M) at an average price of $3.34 today.
🔹Current holdings:
Defiance Capital still holds ~6.4M #LDO ($21M) in two wallets:
1️⃣ 0xb4F70F2F0f1A27276571a12e60c64E321f40d47C
2️⃣ 0x9B5ea8C719e29A5bd0959FaF79C9E5c8206d0499
#Ethereum #ETH #Crypto #CryptoPatel
$SOL
7/2/24: Daily change in #Bitcoin hold by 🇺🇸 ETFs
Another positive net flow of ~5092 Bitcoins.
$GBTC outflows keep dropping -$81 million Yesterday.
GBTC outflows slowed down, and prices began to recover.
🔵 9 ETFs Bought: 6,970 BTC
🔵 GBTC Sold: 1878 BTC
🔵 Net Inflow: 5092 BTC
🟨 = My Estimates
#Grayscale #Fidelity #Bitwise #CryptoPatel
$BTC $ETH $SOL
Another positive net flow of ~5092 Bitcoins.
$GBTC outflows keep dropping -$81 million Yesterday.
GBTC outflows slowed down, and prices began to recover.
🔵 9 ETFs Bought: 6,970 BTC
🔵 GBTC Sold: 1878 BTC
🔵 Net Inflow: 5092 BTC
🟨 = My Estimates
#Grayscale #Fidelity #Bitwise #CryptoPatel
$BTC $ETH $SOL
The 2024 #Bitcoin Supply Crunch Cometh $BTC
In just 9 days of ETF trading:
➡️ ~1,20,000 #BTC bought by #ETFs
➡️ Grayscale sold ~1,15,000 BTC
➡️ 27K mined/month today
➡️ 13.5K to be mined post-halving
Simple math:
➡️ New ETF demand outweighs
➡️ Selling pressure &
➡️ Dilution from new supply
Once #Grayscale unwinding slows, brace for fireworks as hodlers like yours truly continue stacking sats.
With the trifecta of:
➡️ Surging institutional inflows
➡️ Decelerating miner selling
➡️ Plus supply shock from halving
2024 promises a supply-driven BTC melt-up for the ages.
Stack sats & hold on tight!
#CryptoPatel #tia
$BNB $SOL
In just 9 days of ETF trading:
➡️ ~1,20,000 #BTC bought by #ETFs
➡️ Grayscale sold ~1,15,000 BTC
➡️ 27K mined/month today
➡️ 13.5K to be mined post-halving
Simple math:
➡️ New ETF demand outweighs
➡️ Selling pressure &
➡️ Dilution from new supply
Once #Grayscale unwinding slows, brace for fireworks as hodlers like yours truly continue stacking sats.
With the trifecta of:
➡️ Surging institutional inflows
➡️ Decelerating miner selling
➡️ Plus supply shock from halving
2024 promises a supply-driven BTC melt-up for the ages.
Stack sats & hold on tight!
#CryptoPatel #tia
$BNB $SOL
#Bitcoin Future Smart Money Index
The Bitcoin Smart Money Index skyrockets to a record high of 13,711!
Signaling a surge in net bullish positioning by asset managers on the CME.
#CME #Trading #Altcoins #CryptoPatel
The Bitcoin Smart Money Index skyrockets to a record high of 13,711!
Signaling a surge in net bullish positioning by asset managers on the CME.
#CME #Trading #Altcoins #CryptoPatel
🚨Token Unlock Alert
This month, keep an eye on significant token unlocks! 🔓
If the price chart shows vertical movement, a pullback might be on the horizon.
If you're thinking about buying these tokens, wait for the unlock day and consider entering the market after the pullback.
Remember, pullbacks aren't guaranteed but often happen due to various factors.
DYOR/NFA
#BTC #TokenUnlocks #Unlock #layer2 #CryptoPatel
$APT $INJ $OP
This month, keep an eye on significant token unlocks! 🔓
If the price chart shows vertical movement, a pullback might be on the horizon.
If you're thinking about buying these tokens, wait for the unlock day and consider entering the market after the pullback.
Remember, pullbacks aren't guaranteed but often happen due to various factors.
DYOR/NFA
#BTC #TokenUnlocks #Unlock #layer2 #CryptoPatel
$APT $INJ $OP
🚨 Breaking News: #Ethereum Foundation sells $ETH via OTC!
In a recent the "Grant Provider: 0x9ee" wallet transferred 100 $ETH ($253K) to address 0xd77, subsequently receiving 253K $DAI ~18 hours ago.
Despite this transaction, the Ethereum Foundation retains a substantial holding of 312K $ETH , valued at $795M.
[Source: Ethereum Foundation Wallet: 0x9ee457023bb3de16d51a003a247baead7fce313d ]
#ETH #Cryptocurrency #WhaleAlert #CryptoPatel
$BTC $BNB
In a recent the "Grant Provider: 0x9ee" wallet transferred 100 $ETH ($253K) to address 0xd77, subsequently receiving 253K $DAI ~18 hours ago.
Despite this transaction, the Ethereum Foundation retains a substantial holding of 312K $ETH , valued at $795M.
[Source: Ethereum Foundation Wallet: 0x9ee457023bb3de16d51a003a247baead7fce313d ]
#ETH #Cryptocurrency #WhaleAlert #CryptoPatel
$BTC $BNB
#Bitcoin Current Scenario:- $BTC
#BTCUSDT is bullish above $41300 Support Level.
But Don't forget
Trend will Change into Bearish if BTC/USDT Breakdown $41300 Support level.
Never forget Risk Reward and Stop Loss in Any trade.
#NFP #BinanceWish #CryptoPatel
#BTCUSDT is bullish above $41300 Support Level.
But Don't forget
Trend will Change into Bearish if BTC/USDT Breakdown $41300 Support level.
Never forget Risk Reward and Stop Loss in Any trade.
#NFP #BinanceWish #CryptoPatel
📢 Attention Traders!
This Friday at 8 AM UTC, keep an eye on Deribit as 177K $BTC options, totaling $7.65 billion, are set to expire.
- Options Expiry: 177K #BTC on #Deribit
- Notional Value: $7.65 billion
- Max Pain Price: $33,000
- Put/Call Ratio: 0.66
Stay sharp, traders!
#Bitcoin #CryptoAlerts #CryptoPatel
$SOL $XRP
This Friday at 8 AM UTC, keep an eye on Deribit as 177K $BTC options, totaling $7.65 billion, are set to expire.
- Options Expiry: 177K #BTC on #Deribit
- Notional Value: $7.65 billion
- Max Pain Price: $33,000
- Put/Call Ratio: 0.66
Stay sharp, traders!
#Bitcoin #CryptoAlerts #CryptoPatel
$SOL $XRP
📈 Unlock the secrets to profitable trading with these 5 essential skills:
1️⃣ Edge: Gain a competitive advantage in the market.
2️⃣ Discipline: Stick to your strategy and avoid impulsive decisions.
3️⃣ Compounding: Harness the power of exponential growth.
4️⃣ Risk management: Protect your capital and minimize losses.
5️⃣ Mastering emotions: Keep a clear head and make rational choices.
Master these skills, and you'll be unstoppable in the world of trading!
#trading #finance #success #CryptoPatel #Bitcoin
$BTC $SOL $XRP
1️⃣ Edge: Gain a competitive advantage in the market.
2️⃣ Discipline: Stick to your strategy and avoid impulsive decisions.
3️⃣ Compounding: Harness the power of exponential growth.
4️⃣ Risk management: Protect your capital and minimize losses.
5️⃣ Mastering emotions: Keep a clear head and make rational choices.
Master these skills, and you'll be unstoppable in the world of trading!
#trading #finance #success #CryptoPatel #Bitcoin
$BTC $SOL $XRP
🚨DOT/USDT : 1D
• The price is currently trading in an uptrend, trading above 200-day EMA. After a bullish move, the price retraced to the 200-day EMA and bounced back from it.
• It would be prudent to wait for the price to break out of the trendline as confirmation of the continuation of the bullish momentum.
• Look for a breakout above the $7.296 level to consider entering a long position. Based on the analysis, it is likely that the price will continue its upward trend.
Buy : $7.296
TP : $8.486 / $9.528
SL : $5.946
#DOT #Polkadot #Alts #Binance #CryptoPatel
$DOT $SHIB $XMR
• The price is currently trading in an uptrend, trading above 200-day EMA. After a bullish move, the price retraced to the 200-day EMA and bounced back from it.
• It would be prudent to wait for the price to break out of the trendline as confirmation of the continuation of the bullish momentum.
• Look for a breakout above the $7.296 level to consider entering a long position. Based on the analysis, it is likely that the price will continue its upward trend.
Buy : $7.296
TP : $8.486 / $9.528
SL : $5.946
#DOT #Polkadot #Alts #Binance #CryptoPatel
$DOT $SHIB $XMR
Top 10 Token Unlocks in 2023-2024: What You Need to Know Before Investing
Token Unlocks and Their Impact on Cryptocurrency Prices
Understanding the impact of token unlocks on cryptocurrency prices is crucial for investors and traders. In this article, we will explore the concept of token unlocks, the types of unlocks, and their impact on prices. Additionally, we will take a look at 10 upcoming cryptocurrency projects with significant token unlocks.
What are Token Unlocks?
Token unlocks refer to the release of previously locked or restricted tokens into the market. These tokens become available for trading, buying, and selling after the end of their vesting period. The vesting period is the duration during which the tokens are restricted.
Cliff Unlocks:
Cliff unlocks refer to the release of tokens held in a locked state on a specific date. A certain percentage of the token's total supply is released at a specific date.
Linear Unlocks:
Linear unlocks refer to the release of tokens at a steady fixed rate over a period of time. For instance, a certain percentage of the total token supply can be released per day, week, or month.
Impact of Token Unlocks on Prices:
Token unlocks increase the supply of the particular cryptocurrency, which can lead to a fall in price if the demand remains the same or does not increase proportionally. This is because the recipients of the tokens may choose to sell them, increasing the supply in the market.
Upcoming Projects with Significant Token Unlocks:
Avalanche (AVAX) - A Smart Contract Blockchain with High Transaction Output Avalanche is a layer one blockchain that serves as a platform for decentralized applications and smart contracts. With a transaction output of up to 6,500 transactions per second, it outperforms Ethereum in terms of scalability. AVAX has a fully diluted market cap of $12.5 billion, and 49.81% of tokens are already unlocked. An additional 1.325% of the total supply will be unlocked on May 28th, 2023.
Blur (BLUR) - An Advanced NFT Marketplace and Aggregator Platform Blur is a non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management, and multi-marketplace NFT comparisons. Its native governance token, $BLUR, has a fully diluted market cap of $1.89 billion, with 80% of the total supply still locked. The platform will unlock 195,999,999 BLUR tokens (6.5% of total supply), worth $124 million, on June 14th, 2023.
Tornado Cash (TORN) - A Decentralized Privacy Platform Built on Ethereum Tornado Cash is a decentralized, noncustodial privacy platform created on Ethereum. It enables users to deposit and withdraw ERC-20 tokens and ETH with different addresses, enhancing transaction privacy and anonymity. $TORN has a fully diluted market cap of $80,224,042, with 64% of tokens already unlocked. The protocol will unlock 1.8% of its total supply, which is 175,000 $TORN worth $1.4 million, on May 7th, 2023.
LooksRare (LOOKS) - An NFT Marketplace that Rewards Traders, Collectors, and Creators LooksRare is an NFT marketplace that rewards traders, collectors, and creators with LOOKS and other incentives. $LOOKS has a market cap of $106.1 million, with a fully diluted valuation of $130 million. 81.67% of its total supply is already unlocked. The platform will unlock 37,500,000 $LOOKS (3.8% of total supply), valued at $4.8 million, on June 15th, 2023.
Hedera (HBAR) - A Public Distributed Ledger with Native Tokenization and Consensus Services Hedera is a fully open-source public distributed ledger that utilizes the fast, fair, and secure hashgraph consensus. Its network services include Solidity-based smart contracts, as well as native tokenization and consensus services used to build decentralized applications. $HBAR has a market cap of $1.89 billion, with an FDV of $3.03 billion, and 56.89% of tokens already unlocked. On June 1st, 2023, the protocol will unlock 127,353,491 HBAR, worth $77.3 million (2.5% of total supply).
Optimism ($OP): Unlocking 154.6 million tokens worth $335.5 million on May 31st, 2023 Optimism, a layer-two blockchain built on Ethereum, is set to unlock 154.6 million tokens worth $335.5 million on May 31st, 2023. The project aims to scale the Ethereum ecosystem by using optimistic rollups, enabling trustless recording of transactions on Optimism while ultimately securing them on Ethereum.
The Sandbox ($SAND): Unlocking 332.5 million tokens worth $191.1 million on August 14th, 2023 The Sandbox, a virtual Metaverse built on Ethereum, is set to unlock 332.5 million tokens worth $191.1 million on August 14th, 2023. The project allows players to build, own, and monetize their gaming experience in a decentralized manner.
Arbitrum ($ARB): Unlocking 1.1 billion tokens worth $1.5 billion on March 23rd, 2024 Arbitrum, an Ethereum layer-two scaling solution, is set to unlock 1.1 billion tokens worth $1.5 billion on March 23rd, 2024. The project uses optimistic rollups to improve speed, scalability, and cost-efficiency on the Ethereum network.
Apecoin ($APE): Unlocking 15.6 million tokens worth $62.8 million on May 17th, 2023 Apecoin, an ERC-20 governance and utility token used within the APE Ecosystem, is set to unlock 15.6 million tokens worth $62.8 million on May 17th, 2023. The project aims to empower and incentivize a decentralized community building at the forefront of web3.
BitDAO ($BIT): Unlocking 187.5 million tokens worth $93.4 million on May 15th, 2023 BitDAO, one of the world's largest Decentralized Autonomous Organizations, is set to unlock 187.5 million tokens worth $93.4 million on May 15th, 2023. The project's vision is open finance and a decentralized tokenized economy, governed by BIT token holders.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Binance #CryptoPatel #eth2.0 #askbinancesensei #BTC
Understanding the impact of token unlocks on cryptocurrency prices is crucial for investors and traders. In this article, we will explore the concept of token unlocks, the types of unlocks, and their impact on prices. Additionally, we will take a look at 10 upcoming cryptocurrency projects with significant token unlocks.
What are Token Unlocks?
Token unlocks refer to the release of previously locked or restricted tokens into the market. These tokens become available for trading, buying, and selling after the end of their vesting period. The vesting period is the duration during which the tokens are restricted.
Cliff Unlocks:
Cliff unlocks refer to the release of tokens held in a locked state on a specific date. A certain percentage of the token's total supply is released at a specific date.
Linear Unlocks:
Linear unlocks refer to the release of tokens at a steady fixed rate over a period of time. For instance, a certain percentage of the total token supply can be released per day, week, or month.
Impact of Token Unlocks on Prices:
Token unlocks increase the supply of the particular cryptocurrency, which can lead to a fall in price if the demand remains the same or does not increase proportionally. This is because the recipients of the tokens may choose to sell them, increasing the supply in the market.
Upcoming Projects with Significant Token Unlocks:
Avalanche (AVAX) - A Smart Contract Blockchain with High Transaction Output Avalanche is a layer one blockchain that serves as a platform for decentralized applications and smart contracts. With a transaction output of up to 6,500 transactions per second, it outperforms Ethereum in terms of scalability. AVAX has a fully diluted market cap of $12.5 billion, and 49.81% of tokens are already unlocked. An additional 1.325% of the total supply will be unlocked on May 28th, 2023.
Blur (BLUR) - An Advanced NFT Marketplace and Aggregator Platform Blur is a non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management, and multi-marketplace NFT comparisons. Its native governance token, $BLUR, has a fully diluted market cap of $1.89 billion, with 80% of the total supply still locked. The platform will unlock 195,999,999 BLUR tokens (6.5% of total supply), worth $124 million, on June 14th, 2023.
Tornado Cash (TORN) - A Decentralized Privacy Platform Built on Ethereum Tornado Cash is a decentralized, noncustodial privacy platform created on Ethereum. It enables users to deposit and withdraw ERC-20 tokens and ETH with different addresses, enhancing transaction privacy and anonymity. $TORN has a fully diluted market cap of $80,224,042, with 64% of tokens already unlocked. The protocol will unlock 1.8% of its total supply, which is 175,000 $TORN worth $1.4 million, on May 7th, 2023.
LooksRare (LOOKS) - An NFT Marketplace that Rewards Traders, Collectors, and Creators LooksRare is an NFT marketplace that rewards traders, collectors, and creators with LOOKS and other incentives. $LOOKS has a market cap of $106.1 million, with a fully diluted valuation of $130 million. 81.67% of its total supply is already unlocked. The platform will unlock 37,500,000 $LOOKS (3.8% of total supply), valued at $4.8 million, on June 15th, 2023.
Hedera (HBAR) - A Public Distributed Ledger with Native Tokenization and Consensus Services Hedera is a fully open-source public distributed ledger that utilizes the fast, fair, and secure hashgraph consensus. Its network services include Solidity-based smart contracts, as well as native tokenization and consensus services used to build decentralized applications. $HBAR has a market cap of $1.89 billion, with an FDV of $3.03 billion, and 56.89% of tokens already unlocked. On June 1st, 2023, the protocol will unlock 127,353,491 HBAR, worth $77.3 million (2.5% of total supply).
Optimism ($OP): Unlocking 154.6 million tokens worth $335.5 million on May 31st, 2023 Optimism, a layer-two blockchain built on Ethereum, is set to unlock 154.6 million tokens worth $335.5 million on May 31st, 2023. The project aims to scale the Ethereum ecosystem by using optimistic rollups, enabling trustless recording of transactions on Optimism while ultimately securing them on Ethereum.
The Sandbox ($SAND): Unlocking 332.5 million tokens worth $191.1 million on August 14th, 2023 The Sandbox, a virtual Metaverse built on Ethereum, is set to unlock 332.5 million tokens worth $191.1 million on August 14th, 2023. The project allows players to build, own, and monetize their gaming experience in a decentralized manner.
Arbitrum ($ARB): Unlocking 1.1 billion tokens worth $1.5 billion on March 23rd, 2024 Arbitrum, an Ethereum layer-two scaling solution, is set to unlock 1.1 billion tokens worth $1.5 billion on March 23rd, 2024. The project uses optimistic rollups to improve speed, scalability, and cost-efficiency on the Ethereum network.
Apecoin ($APE): Unlocking 15.6 million tokens worth $62.8 million on May 17th, 2023 Apecoin, an ERC-20 governance and utility token used within the APE Ecosystem, is set to unlock 15.6 million tokens worth $62.8 million on May 17th, 2023. The project aims to empower and incentivize a decentralized community building at the forefront of web3.
BitDAO ($BIT): Unlocking 187.5 million tokens worth $93.4 million on May 15th, 2023 BitDAO, one of the world's largest Decentralized Autonomous Organizations, is set to unlock 187.5 million tokens worth $93.4 million on May 15th, 2023. The project's vision is open finance and a decentralized tokenized economy, governed by BIT token holders.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Binance #CryptoPatel #eth2.0 #askbinancesensei #BTC
