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@Bigmoney_Vn1
Hello everyone! My goal is to share knowledge and experiences to help newcomers have a smoother trading journey. Let's experience and grow together!
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Can the knowledge from the stock market be applied to the BTC market? Let's compare the two markets before drawing any conclusions.
Comparison Between Bitcoin (BTC) and the Stock Market
Similarities
Investment & Profit: Both BTC and stocks are investment channels that yield profits through buying low and selling high.
Price Volatility: The prices in both markets are highly volatile and influenced by economic, political, and social factors.
Technology & Analysis: Investors use technical and fundamental analysis tools to predict price trends.
Differences
Legal Framework:
Stocks: Strictly regulated by government agencies (e.g., SEC in the US, SSC in Vietnam).
BTC: Legal status varies and remains contentious in many countries.
Liquidity:
Stocks: More stable liquidity due to broader investor participation and clear regulations.
BTC: Liquidity can be highly volatile, especially during major market events.
Trading Hours:
Stocks: Have specific trading hours, typically only during business hours.
BTC: Trades 24/7 without interruption.
Value Basis:
Stocks: Value is based on the financial health and business performance of companies.
BTC: Value primarily depends on supply and demand, market sentiment, and its scarcity.
Asset Characteristics:
Stocks: Represent shares of companies, offering ownership and dividends.
BTC: Is a digital currency, providing no ownership or dividends.
Risk:
Stocks: Risks come from company performance and the overall market.
BTC: High risk due to price volatility, cybersecurity issues, and regulatory changes.
Financial Leverage:
Stocks: Investors can use leverage by borrowing funds to purchase shares.
BTC: Some exchanges offer leverage, but it carries extremely high risk.
#Binance #bitcoin #Bigmoney
$BTC $BNB $IO
Comparison Between Bitcoin (BTC) and the Stock Market
Similarities
Investment & Profit: Both BTC and stocks are investment channels that yield profits through buying low and selling high.
Price Volatility: The prices in both markets are highly volatile and influenced by economic, political, and social factors.
Technology & Analysis: Investors use technical and fundamental analysis tools to predict price trends.
Differences
Legal Framework:
Stocks: Strictly regulated by government agencies (e.g., SEC in the US, SSC in Vietnam).
BTC: Legal status varies and remains contentious in many countries.
Liquidity:
Stocks: More stable liquidity due to broader investor participation and clear regulations.
BTC: Liquidity can be highly volatile, especially during major market events.
Trading Hours:
Stocks: Have specific trading hours, typically only during business hours.
BTC: Trades 24/7 without interruption.
Value Basis:
Stocks: Value is based on the financial health and business performance of companies.
BTC: Value primarily depends on supply and demand, market sentiment, and its scarcity.
Asset Characteristics:
Stocks: Represent shares of companies, offering ownership and dividends.
BTC: Is a digital currency, providing no ownership or dividends.
Risk:
Stocks: Risks come from company performance and the overall market.
BTC: High risk due to price volatility, cybersecurity issues, and regulatory changes.
Financial Leverage:
Stocks: Investors can use leverage by borrowing funds to purchase shares.
BTC: Some exchanges offer leverage, but it carries extremely high risk.
#Binance #bitcoin #Bigmoney
$BTC $BNB $IO
3 Typical Signs of Bull Traps in the BTC Market 🚨
Sudden Price Spike 📈
Sign: Bitcoin's price surges sharply in a short period without any supporting news or specific economic event.
Example: In December 2017, BTC rose from $10,000 to nearly $20,000 within a few weeks without a clear reason. Subsequently, the price plummeted and remained low for several months.
Analysis: Sudden price spikes are often driven by speculative groups manipulating the market to attract new investors, creating FOMO (Fear of Missing Out).
Unusual Trading Volume 📊
Sign: A sudden increase in trading volume without a corresponding change in price.
Example: In January 2021, despite a significant rise in trading volume, BTC's price fluctuated erratically and failed to maintain an upward trend.
Analysis: This suggests the occurrence of 'wash trading' - fake transactions intended to boost trading volume, making the market appear more active and luring new investors.
Overbought Technical Indicator (RSI) 🚀
Sign: The RSI (Relative Strength Index) exceeds 70, indicating an overbought market condition.
Example: In April 2021, BTC's RSI surpassed 80 before the price dropped sharply from $64,000 to $30,000 within a few weeks.
Analysis: When RSI is too high, it's a warning sign that the market may be overinflated and due for a significant price correction.
Important Note 🎯
These signs point to the risk of bull traps in the BTC market. Investors need to stay alert, analyze thoroughly, and avoid letting emotions drive investment decisions. Always monitor indicators and market news to avoid falling into bull traps. Follow me for daily discussions and to achieve success in the market together.
#Binance #Bitcoin #Bigmoney
$BTC $BNB $IO
Sudden Price Spike 📈
Sign: Bitcoin's price surges sharply in a short period without any supporting news or specific economic event.
Example: In December 2017, BTC rose from $10,000 to nearly $20,000 within a few weeks without a clear reason. Subsequently, the price plummeted and remained low for several months.
Analysis: Sudden price spikes are often driven by speculative groups manipulating the market to attract new investors, creating FOMO (Fear of Missing Out).
Unusual Trading Volume 📊
Sign: A sudden increase in trading volume without a corresponding change in price.
Example: In January 2021, despite a significant rise in trading volume, BTC's price fluctuated erratically and failed to maintain an upward trend.
Analysis: This suggests the occurrence of 'wash trading' - fake transactions intended to boost trading volume, making the market appear more active and luring new investors.
Overbought Technical Indicator (RSI) 🚀
Sign: The RSI (Relative Strength Index) exceeds 70, indicating an overbought market condition.
Example: In April 2021, BTC's RSI surpassed 80 before the price dropped sharply from $64,000 to $30,000 within a few weeks.
Analysis: When RSI is too high, it's a warning sign that the market may be overinflated and due for a significant price correction.
Important Note 🎯
These signs point to the risk of bull traps in the BTC market. Investors need to stay alert, analyze thoroughly, and avoid letting emotions drive investment decisions. Always monitor indicators and market news to avoid falling into bull traps. Follow me for daily discussions and to achieve success in the market together.
#Binance #Bitcoin #Bigmoney
$BTC $BNB $IO
💥💥💥💥Mồng một đầu tháng chúc ae trader có một tháng giao dịch thành công rực rỡ.💥💥💥💥
📉 HAS THE MARKET FOUND A BOTTOM OR IS THIS A BIGGER TRAP? 🚨
After today's steep decline in BTC and numerous altcoins, Bitcoin has experienced a slight rebound, leading the bulls to gain some ground. However, the crucial question remains: Has the market found a bottom, signaling a potential recovery, or is this merely a trap to lure in more investors before another significant drop?
📈 Current Market Situation
Bitcoin's price rebounded slightly after dropping below $53,000, leading to the liquidation of over $422 million in leveraged long positions (CoinTelegraph). Despite this rebound, the daily charts still show substantial risks of further declines in the short term.
📊 Data Analysis
Liquidations and Price Movements: Recent liquidation data highlights the market's volatility. With $108 million liquidated from long positions and $52.9 million from short positions, the market sentiment remains fragile (Coinalyze, CoinGlass).
Technical Indicators: The Relative Strength Index (RSI) indicates that Bitcoin is currently oversold. Historically, such conditions can lead to a short-term price recovery. However, the overall market trend needs careful monitoring as RSI oversold conditions can also signal the beginning of prolonged bearish phases (CoinTelegraph).
External Factors: The market is also influenced by significant external events such as the ongoing repayments from Mt. Gox and large movements of Bitcoin by the German government. These factors contribute to the uncertainty and potential for increased volatility (CoinTelegraph).
📝 Conclusion
The slight recovery in Bitcoin's price might be a sign of market stabilization, but significant risks remain. Both bulls and bears should remain vigilant, considering both technical indicators and external factors. Whether the market has truly found a bottom or is setting up for a larger trap will become clearer in the coming days.
Stay updated and monitor the market closely to make informed decisions! 📊🔍
#Binance #Bigmoney
$BNB $BTC $ETH
After today's steep decline in BTC and numerous altcoins, Bitcoin has experienced a slight rebound, leading the bulls to gain some ground. However, the crucial question remains: Has the market found a bottom, signaling a potential recovery, or is this merely a trap to lure in more investors before another significant drop?
📈 Current Market Situation
Bitcoin's price rebounded slightly after dropping below $53,000, leading to the liquidation of over $422 million in leveraged long positions (CoinTelegraph). Despite this rebound, the daily charts still show substantial risks of further declines in the short term.
📊 Data Analysis
Liquidations and Price Movements: Recent liquidation data highlights the market's volatility. With $108 million liquidated from long positions and $52.9 million from short positions, the market sentiment remains fragile (Coinalyze, CoinGlass).
Technical Indicators: The Relative Strength Index (RSI) indicates that Bitcoin is currently oversold. Historically, such conditions can lead to a short-term price recovery. However, the overall market trend needs careful monitoring as RSI oversold conditions can also signal the beginning of prolonged bearish phases (CoinTelegraph).
External Factors: The market is also influenced by significant external events such as the ongoing repayments from Mt. Gox and large movements of Bitcoin by the German government. These factors contribute to the uncertainty and potential for increased volatility (CoinTelegraph).
📝 Conclusion
The slight recovery in Bitcoin's price might be a sign of market stabilization, but significant risks remain. Both bulls and bears should remain vigilant, considering both technical indicators and external factors. Whether the market has truly found a bottom or is setting up for a larger trap will become clearer in the coming days.
Stay updated and monitor the market closely to make informed decisions! 📊🔍
#Binance #Bigmoney
$BNB $BTC $ETH
🆕 Update on BTC Liquidations 📉
In the past 24 hours, the Bitcoin market has witnessed over $122 million in leveraged long positions liquidated as Bitcoin's price fell below the $61,000 mark. Specifically, the total liquidation value includes $108 million from long positions and $52.9 million from short positions (CoinTelegraph) (Coinalyze).
📊 Reasons for BTC's Sharp Decline 🔻
Selling Pressure from Mt. Gox: One major factor contributing to this price drop is Mt. Gox starting to process repayments, potentially flooding the market with a large amount of Bitcoin. Mt. Gox owes approximately $9.4 billion to 127,000 creditors, and selling this Bitcoin could create significant selling pressure (CoinTelegraph).
Bitcoin Movement by the German Government: Recently, a wallet labeled by the German government moved nearly 6,500 BTC, raising concerns about potential sales of this Bitcoin, adding further pressure on the market (CoinTelegraph).
Technical Indicators: Bitcoin has become oversold based on the Relative Strength Index (RSI), which often leads to additional sell-offs as traders adjust their positions (CoinTelegraph).
📝 Summary
The recent sharp decline in Bitcoin's price is mainly due to external factors such as selling pressure from Mt. Gox and movements by the German government. Additionally, technical indicators show the market is in an oversold condition, contributing to the price drop.
#Binance #Bitcoin #Bigmoney
$SOL $PEPE $IO
In the past 24 hours, the Bitcoin market has witnessed over $122 million in leveraged long positions liquidated as Bitcoin's price fell below the $61,000 mark. Specifically, the total liquidation value includes $108 million from long positions and $52.9 million from short positions (CoinTelegraph) (Coinalyze).
📊 Reasons for BTC's Sharp Decline 🔻
Selling Pressure from Mt. Gox: One major factor contributing to this price drop is Mt. Gox starting to process repayments, potentially flooding the market with a large amount of Bitcoin. Mt. Gox owes approximately $9.4 billion to 127,000 creditors, and selling this Bitcoin could create significant selling pressure (CoinTelegraph).
Bitcoin Movement by the German Government: Recently, a wallet labeled by the German government moved nearly 6,500 BTC, raising concerns about potential sales of this Bitcoin, adding further pressure on the market (CoinTelegraph).
Technical Indicators: Bitcoin has become oversold based on the Relative Strength Index (RSI), which often leads to additional sell-offs as traders adjust their positions (CoinTelegraph).
📝 Summary
The recent sharp decline in Bitcoin's price is mainly due to external factors such as selling pressure from Mt. Gox and movements by the German government. Additionally, technical indicators show the market is in an oversold condition, contributing to the price drop.
#Binance #Bitcoin #Bigmoney
$SOL $PEPE $IO
Hãy nhớ lại lúc thị trường tăng cao, khi BTC đạt mức ATH mới, chẳng phải bạn mong có ngày nó sẽ giảm về mức 55k như hiện tại để mua vào hay sao?
Giờ nó về lại mức này có phải bạn lại đang run sợ.
Hãy nhớ giao dịch ăn toàn. Không all-in giải đoạn này, khả năng rất cao thị trường còn tiếp tục giảm. vào dần từng phần vốn sẽ là một chiến thuật hợp lý cho giai đoạn nhiều cơ hội nhưng cũng đầy thách thức này.
$BTC $BNB $SOL
#binance #Bitcoin #Bigmoney
Giờ nó về lại mức này có phải bạn lại đang run sợ.
Hãy nhớ giao dịch ăn toàn. Không all-in giải đoạn này, khả năng rất cao thị trường còn tiếp tục giảm. vào dần từng phần vốn sẽ là một chiến thuật hợp lý cho giai đoạn nhiều cơ hội nhưng cũng đầy thách thức này.
$BTC $BNB $SOL
#binance #Bitcoin #Bigmoney
THE BLOODY MARKET AND WHAT YOU NEED TO DO 💼
We are experiencing the bloodiest two months in the market since the beginning of 2024. From the grand expectations with Bitcoin ETF approval and the BTC Halving event, the market had high hopes for a major bull run to change personal financial fortunes. But **BOOM**, the market plummeted, with BTC dropping 1 while many altcoins fell 5-6 times. The shock and pain of losing money at this stage are inevitable.
🔍 Market Situation:
- High Volatility: The market has experienced significant fluctuations after key events like the Bitcoin ETF and BTC Halving did not meet expectations.
- Market Sentiment: Sentiment shifted from excitement to panic, with sell-offs and continuous liquidation of positions on both the bull and bear sides.
📉 The Winners:
- Risk Management: Winners in this period are those who manage risk well and know how to protect their assets from unforeseen market movements.
- Cool Headed: To navigate this challenging phase, you need a cool head and steadfast principles.
💡 What to Do:
- Prepare USDT: Always have a certain amount of USDT ready to seize opportunities when the market stabilizes.
- Steady Mindset: Maintain a steady mindset and don't get swept up in the market's temporary emotions. Always remember that the winner is the one who stays in the market.
📈 Strategy:
- Continuous Learning: Keep updating your market knowledge and investment strategies to improve your skills.
- Diversify Investments: Spread your investments across various assets to minimize risk.
- Monitor the Market: Stay updated with news and events impacting the market to react promptly.
⚠️ Considerations:
- Risk Management: Set stop-loss levels and never invest more than you can afford to lose.
In conclusion, during this bloody market period, prepare a clear investment plan, manage risks well, and maintain your mindset. The winner is not the one who never loses but the one who knows how to get back up after each failure and persistently sticks with the market. 🚀
#Binance #Bitcoin #Bigmoney
$BTC $BNB $PEPE
We are experiencing the bloodiest two months in the market since the beginning of 2024. From the grand expectations with Bitcoin ETF approval and the BTC Halving event, the market had high hopes for a major bull run to change personal financial fortunes. But **BOOM**, the market plummeted, with BTC dropping 1 while many altcoins fell 5-6 times. The shock and pain of losing money at this stage are inevitable.
🔍 Market Situation:
- High Volatility: The market has experienced significant fluctuations after key events like the Bitcoin ETF and BTC Halving did not meet expectations.
- Market Sentiment: Sentiment shifted from excitement to panic, with sell-offs and continuous liquidation of positions on both the bull and bear sides.
📉 The Winners:
- Risk Management: Winners in this period are those who manage risk well and know how to protect their assets from unforeseen market movements.
- Cool Headed: To navigate this challenging phase, you need a cool head and steadfast principles.
💡 What to Do:
- Prepare USDT: Always have a certain amount of USDT ready to seize opportunities when the market stabilizes.
- Steady Mindset: Maintain a steady mindset and don't get swept up in the market's temporary emotions. Always remember that the winner is the one who stays in the market.
📈 Strategy:
- Continuous Learning: Keep updating your market knowledge and investment strategies to improve your skills.
- Diversify Investments: Spread your investments across various assets to minimize risk.
- Monitor the Market: Stay updated with news and events impacting the market to react promptly.
⚠️ Considerations:
- Risk Management: Set stop-loss levels and never invest more than you can afford to lose.
In conclusion, during this bloody market period, prepare a clear investment plan, manage risks well, and maintain your mindset. The winner is not the one who never loses but the one who knows how to get back up after each failure and persistently sticks with the market. 🚀
#Binance #Bitcoin #Bigmoney
$BTC $BNB $PEPE
Are You a Chicken or a Shark in This Bloodthirsty Market? 🐔🦈
In the world of cryptocurrency, if you choose to be a chicken, you'll become easy prey for the aggressive sharks. This is especially true for newcomers who lack experience and proficient trading knowledge.
🔍Market Reality:
- High Volatility: The cryptocurrency market is known for its extreme volatility, with coins like Bitcoin fluctuating thousands of dollars in a single day.
- Fierce Competition: Many large investors (sharks) use complex strategies and advanced technology to seek profits, making small investors vulnerable.
📈 Why You Shouldn't Be a "Chicken":
- Lack of Knowledge: Newcomers often lack experience and can be easily swayed by rumors and inaccurate advice.
- High Risk: Not understanding technical analysis and market trends can lead to poor investment decisions and significant losses.
💡 Strategy to Become a "Baby Shark":
- Continuous Learning: Study technical analysis, economic indicators, and market trends to make smarter investment decisions.
- Learning Resources: Join online courses, read books, and follow experts on forums like Reddit, Twitter, and industry blogs.
- Diversify Investments: Invest in various assets to minimize risk.
- Example: Combine investments in cryptocurrencies, stocks, and ETFs to protect your assets from crypto market volatility.
- Practice Trading: Use demo accounts to practice trading strategies without risking real money. This helps you get familiar with tools and processes before investing for real.
⚠️ Considerations:
- Risk Management: Always set stop-loss levels and never invest more than you can afford to lose.
- Monitor the Market: Stay updated with news and events that affect the market to react promptly.
In the world of cryptocurrency, choose to be a baby shark, persistently learn and practice. Over time, you'll become a true shark, mastering this bloodthirsty ocean. 🚀
#Binance #Bigmoney #BabyShark
$BTC $BNB $LUNC
In the world of cryptocurrency, if you choose to be a chicken, you'll become easy prey for the aggressive sharks. This is especially true for newcomers who lack experience and proficient trading knowledge.
🔍Market Reality:
- High Volatility: The cryptocurrency market is known for its extreme volatility, with coins like Bitcoin fluctuating thousands of dollars in a single day.
- Fierce Competition: Many large investors (sharks) use complex strategies and advanced technology to seek profits, making small investors vulnerable.
📈 Why You Shouldn't Be a "Chicken":
- Lack of Knowledge: Newcomers often lack experience and can be easily swayed by rumors and inaccurate advice.
- High Risk: Not understanding technical analysis and market trends can lead to poor investment decisions and significant losses.
💡 Strategy to Become a "Baby Shark":
- Continuous Learning: Study technical analysis, economic indicators, and market trends to make smarter investment decisions.
- Learning Resources: Join online courses, read books, and follow experts on forums like Reddit, Twitter, and industry blogs.
- Diversify Investments: Invest in various assets to minimize risk.
- Example: Combine investments in cryptocurrencies, stocks, and ETFs to protect your assets from crypto market volatility.
- Practice Trading: Use demo accounts to practice trading strategies without risking real money. This helps you get familiar with tools and processes before investing for real.
⚠️ Considerations:
- Risk Management: Always set stop-loss levels and never invest more than you can afford to lose.
- Monitor the Market: Stay updated with news and events that affect the market to react promptly.
In the world of cryptocurrency, choose to be a baby shark, persistently learn and practice. Over time, you'll become a true shark, mastering this bloodthirsty ocean. 🚀
#Binance #Bigmoney #BabyShark
$BTC $BNB $LUNC
Why Does BONK Have Great Potential?
If you're new, don't miss this!
🔍 Basic Data:
- Current Price: $0.0000249
- 24h Trading Volume: $423.04M
- Circulating Supply: 68.56T BONK
- Wallet Addresses: Over 400,000
📈 Growth Potential:
Bonk, launched on the Solana blockchain in December 2022, quickly gained attention due to its community-driven design and significant airdrop campaign. Price predictions for BONK by August 2024 are optimistic, expecting a rise to $0.00003386, a potential growth of 48.18%. If market conditions remain stable, BONK could see an increase of 50-70% by the end of 2024.
💡 Growth Factors:
- Strong Community: Active community participation significantly boosts BONK's value through advertising campaigns and social media activities.
- Integration and Use: BONK's integration into numerous decentralized applications (dApps) on the Solana platform enhances its utility and value.
⚠️ Risks:
- High Volatility: BONK's price is highly volatile and depends heavily on community sentiment, leading to significant short-term price changes.
- Regulation and Competition: The crypto market faces regulatory changes that could negatively impact BONK. Competition from other meme coins also poses a challenge.
In summary, BONK has strong growth potential thanks to community support and applications on the Solana platform. However, investors should carefully consider the associated risks before investing.
#Bitcoin #Binance #Bigmoney
$BONK $PEPE $FLOKI
If you're new, don't miss this!
🔍 Basic Data:
- Current Price: $0.0000249
- 24h Trading Volume: $423.04M
- Circulating Supply: 68.56T BONK
- Wallet Addresses: Over 400,000
📈 Growth Potential:
Bonk, launched on the Solana blockchain in December 2022, quickly gained attention due to its community-driven design and significant airdrop campaign. Price predictions for BONK by August 2024 are optimistic, expecting a rise to $0.00003386, a potential growth of 48.18%. If market conditions remain stable, BONK could see an increase of 50-70% by the end of 2024.
💡 Growth Factors:
- Strong Community: Active community participation significantly boosts BONK's value through advertising campaigns and social media activities.
- Integration and Use: BONK's integration into numerous decentralized applications (dApps) on the Solana platform enhances its utility and value.
⚠️ Risks:
- High Volatility: BONK's price is highly volatile and depends heavily on community sentiment, leading to significant short-term price changes.
- Regulation and Competition: The crypto market faces regulatory changes that could negatively impact BONK. Competition from other meme coins also poses a challenge.
In summary, BONK has strong growth potential thanks to community support and applications on the Solana platform. However, investors should carefully consider the associated risks before investing.
#Bitcoin #Binance #Bigmoney
$BONK $PEPE $FLOKI
Dưới đây là các thông tin quan trọng về SHIB trong tuần qua:
Tình Hình Giá Cả
- Giá hiện tại: $0.000017 USD.
- Tăng/Giảm trong 24 giờ qua: +0.02%.
- Vốn hóa thị trường: $10.07 tỷ USD.
- Khối lượng giao dịch 24 giờ: $86.45 triệu USD.
Phát Triển và Cập Nhật
- Shibarium: Shiba Inu đã công bố kế hoạch triển khai Shibarium, một giải pháp layer 2 nhằm cải thiện tốc độ và chi phí giao dịch. Điều này giúp tăng tính ứng dụng và độ tin cậy của SHIB trong hệ sinh thái DeFi.
- Metaverse SHIB: Dự án SHIB đang phát triển một metaverse, cho phép người dùng mua và sở hữu đất ảo bằng ETH hoặc SHIB. Điều này nhằm tạo ra một môi trường tương tác và giải trí, đồng thời mang lại cơ hội kiếm thu nhập thụ động cho người dùng.
Phân Tích
- Tổng cung: 589,270,913,728,109.25 SHIB.
- Vị trí xếp hạng: Đứng thứ 13 trên thị trường tiền điện tử dựa trên vốn hóa thị trường.
Những thông tin trên cho thấy SHIB đang tiếp tục mở rộng và cải thiện hệ sinh thái của mình, đồng thời giữ vững giá trị trên thị trường.
Lựa chọn là của bạn, nhớ rằng hãy nghiên cứu thật kỹ trước khi đưa ra bất kỳ quyết định quan trọng nào.
#Shiba #Binance #Bigmoney
$SHIB $NOT $PEPE
Tình Hình Giá Cả
- Giá hiện tại: $0.000017 USD.
- Tăng/Giảm trong 24 giờ qua: +0.02%.
- Vốn hóa thị trường: $10.07 tỷ USD.
- Khối lượng giao dịch 24 giờ: $86.45 triệu USD.
Phát Triển và Cập Nhật
- Shibarium: Shiba Inu đã công bố kế hoạch triển khai Shibarium, một giải pháp layer 2 nhằm cải thiện tốc độ và chi phí giao dịch. Điều này giúp tăng tính ứng dụng và độ tin cậy của SHIB trong hệ sinh thái DeFi.
- Metaverse SHIB: Dự án SHIB đang phát triển một metaverse, cho phép người dùng mua và sở hữu đất ảo bằng ETH hoặc SHIB. Điều này nhằm tạo ra một môi trường tương tác và giải trí, đồng thời mang lại cơ hội kiếm thu nhập thụ động cho người dùng.
Phân Tích
- Tổng cung: 589,270,913,728,109.25 SHIB.
- Vị trí xếp hạng: Đứng thứ 13 trên thị trường tiền điện tử dựa trên vốn hóa thị trường.
Những thông tin trên cho thấy SHIB đang tiếp tục mở rộng và cải thiện hệ sinh thái của mình, đồng thời giữ vững giá trị trên thị trường.
Lựa chọn là của bạn, nhớ rằng hãy nghiên cứu thật kỹ trước khi đưa ra bất kỳ quyết định quan trọng nào.
#Shiba #Binance #Bigmoney
$SHIB $NOT $PEPE
Today, the price of Bitcoin (BTC) is around $62,948.40 📈, with a 1.18% increase in the last 24 hours, although it has dropped 2.61% over the past week (Theo Cryptonews, CoinGecko, Cointelegraph).
Bitcoin is currently attracting significant interest from major investors 🌟. Notable events like the approval of Bitcoin ETFs and advancements in layer 2 technology are boosting Bitcoin's value 🚀. Projections suggest Bitcoin could reach $90,000 by the end of 2024 and $101,000 by the end of 2025 (Theo Cryptonew).
Regarding trading volume, BTC has recorded a daily trading volume of approximately $25 billion USD 💰 (Theo coinmarketcap).
#Bitcoin #Binance #Bigmoney
$BTC $BNB $PEPE
Bitcoin is currently attracting significant interest from major investors 🌟. Notable events like the approval of Bitcoin ETFs and advancements in layer 2 technology are boosting Bitcoin's value 🚀. Projections suggest Bitcoin could reach $90,000 by the end of 2024 and $101,000 by the end of 2025 (Theo Cryptonew).
Regarding trading volume, BTC has recorded a daily trading volume of approximately $25 billion USD 💰 (Theo coinmarketcap).
#Bitcoin #Binance #Bigmoney
$BTC $BNB $PEPE
Bitcoin and Cryptocurrencies End a Lackluster Quarter, and an Analyst Believes More Pain Could Be Ah
Bitcoin prices fell nearly 15% in Q2, and altcoins dropped even more.
A strong start to 2024 had bulls predicting bitcoin (BTC) would hit $100,000 at some point this year, but relentless selling pressure in April and June (interrupted by a rally in May) left prices struggling to stay above $60,000 as the quarter drew to a close.
Entering the second quarter, bitcoin traded near $71,000, and at the time of reporting (about 60 hours before Q2 officially ended), prices had changed hands at $60,800, down more than 14%. Thanks to momentum from what now seems like a certain approval of a spot ETF, ether (ETH) performed better but was still down about 5% in the second quarter.
Dragged down by even larger declines in many altcoins, the broader CoinDesk index fell more than 21% over the past three months. Among the movers, Solana (SOL) dropped 30%, Ripple (XRP) fell 23%, and Dogecoin (DOGE) plunged 42%. The best performer in the index was the aforementioned ether, down 5%.
Positive Catalysts Disappear ❌
Currently, Bitcoin’s disappointing price action in Q2 can be seen as a correction within a larger bull run, which saw the coin increase nearly fivefold from its January 2023 lows to a new all-time high above $73,500 in mid-March this year.
Expectations of a spot bitcoin ETF approval, followed by approval and then massive inflows into the new funds, were certainly the main catalyst for the rise. There were also macro factors – specifically, predictions of a series of significant rate cuts in 2024 from the U.S. Federal Reserve. However, inflation has not cooperated, and so far, U.S. monetary policy has not eased, with more than one central bank member now not expecting even a single rate cut this year.
With ETF inflows becoming stale and occasionally reversing into outflows, along with hopes for lower rates diminishing by the day, buyers seem to be sitting on the sidelines until a new catalyst emerges.
More Pain Ahead in Q3? 🤔
Markus Thielen at 10X Research writes: Bitcoin entered a downtrend on June 20, listing 10 reasons why prices could drop to $55,000 soon. Thielen notes that many trend-following funds are looking at the same signals and may be inclined to invest in short positions.
Additionally, while some bulls might be excited about the presidential debate seemingly favoring Donald Trump – who has recently emerged as a supporter of cryptocurrencies and Bitcoin – Thielen argues that President Biden’s poor performance has increased the chances of a replacement Democratic candidate, who could be a much more formidable opponent in the November election.
Thielen also reminds us of seasonality. Historically, Q3 has been the weakest quarter, with average returns of just 5% over the past 13 years. This compares to average returns of over 60% in both Q2 and Q4.
#Binance #Bitcoin #Bigmoney
$BTC $BNB $PEPE
A strong start to 2024 had bulls predicting bitcoin (BTC) would hit $100,000 at some point this year, but relentless selling pressure in April and June (interrupted by a rally in May) left prices struggling to stay above $60,000 as the quarter drew to a close.
Entering the second quarter, bitcoin traded near $71,000, and at the time of reporting (about 60 hours before Q2 officially ended), prices had changed hands at $60,800, down more than 14%. Thanks to momentum from what now seems like a certain approval of a spot ETF, ether (ETH) performed better but was still down about 5% in the second quarter.
Dragged down by even larger declines in many altcoins, the broader CoinDesk index fell more than 21% over the past three months. Among the movers, Solana (SOL) dropped 30%, Ripple (XRP) fell 23%, and Dogecoin (DOGE) plunged 42%. The best performer in the index was the aforementioned ether, down 5%.
Positive Catalysts Disappear ❌
Currently, Bitcoin’s disappointing price action in Q2 can be seen as a correction within a larger bull run, which saw the coin increase nearly fivefold from its January 2023 lows to a new all-time high above $73,500 in mid-March this year.
Expectations of a spot bitcoin ETF approval, followed by approval and then massive inflows into the new funds, were certainly the main catalyst for the rise. There were also macro factors – specifically, predictions of a series of significant rate cuts in 2024 from the U.S. Federal Reserve. However, inflation has not cooperated, and so far, U.S. monetary policy has not eased, with more than one central bank member now not expecting even a single rate cut this year.
With ETF inflows becoming stale and occasionally reversing into outflows, along with hopes for lower rates diminishing by the day, buyers seem to be sitting on the sidelines until a new catalyst emerges.
More Pain Ahead in Q3? 🤔
Markus Thielen at 10X Research writes: Bitcoin entered a downtrend on June 20, listing 10 reasons why prices could drop to $55,000 soon. Thielen notes that many trend-following funds are looking at the same signals and may be inclined to invest in short positions.
Additionally, while some bulls might be excited about the presidential debate seemingly favoring Donald Trump – who has recently emerged as a supporter of cryptocurrencies and Bitcoin – Thielen argues that President Biden’s poor performance has increased the chances of a replacement Democratic candidate, who could be a much more formidable opponent in the November election.
Thielen also reminds us of seasonality. Historically, Q3 has been the weakest quarter, with average returns of just 5% over the past 13 years. This compares to average returns of over 60% in both Q2 and Q4.
#Binance #Bitcoin #Bigmoney
$BTC $BNB $PEPE
Argentinians Shift Strategy to Combat Skyrocketing Inflation: Bitcoin in the Spotlight 📈💸
Faced with inflation soaring to 276% in February, Argentinians are changing how they protect their assets. Instead of hoarding USD, they are now actively buying Bitcoin. 💰 Bitcoin has become the top investment choice in the country.
Bitcoin trading in Argentina reached its highest weekly value in 20 months on Lemon, the most popular crypto exchange for individuals. There were 35,000 Bitcoin transactions in the week ending March 10. Similar trends are seen on major exchanges like Ripio and Belo. 📈🔄
Bitcoin and Ether purchases this year have increased tenfold compared to the same period last year, according to Belo CEO Manuel Beaudroit. In contrast, purchases of stablecoins (cryptocurrencies tied to the USD) have dropped by 60-70%, as Bitcoin's sharp price rise attracts more buyers. 🚀
“Users choose Bitcoin when they see it rising in value, while stablecoins are more practical and often used for transactions like paying abroad,” Beaudroit explained. 🌐
Bitcoin's price has surged by 73%, peaking near $74,000 in mid-March. Meanwhile, the Argentine peso has increased by 10% against the USD over the past two months. 💹
With the highest inflation rate in Latin America, Argentinians are exploring all means to preserve their wealth. As Bitcoin's value climbs, they are moving some savings from dollars to alternative investments. 🔄💵
Sources: Reuters, Business Insider
#Binance #Bitcoin #WritentoEarn #Bigmoney
$BNB $ETH $BTC
Faced with inflation soaring to 276% in February, Argentinians are changing how they protect their assets. Instead of hoarding USD, they are now actively buying Bitcoin. 💰 Bitcoin has become the top investment choice in the country.
Bitcoin trading in Argentina reached its highest weekly value in 20 months on Lemon, the most popular crypto exchange for individuals. There were 35,000 Bitcoin transactions in the week ending March 10. Similar trends are seen on major exchanges like Ripio and Belo. 📈🔄
Bitcoin and Ether purchases this year have increased tenfold compared to the same period last year, according to Belo CEO Manuel Beaudroit. In contrast, purchases of stablecoins (cryptocurrencies tied to the USD) have dropped by 60-70%, as Bitcoin's sharp price rise attracts more buyers. 🚀
“Users choose Bitcoin when they see it rising in value, while stablecoins are more practical and often used for transactions like paying abroad,” Beaudroit explained. 🌐
Bitcoin's price has surged by 73%, peaking near $74,000 in mid-March. Meanwhile, the Argentine peso has increased by 10% against the USD over the past two months. 💹
With the highest inflation rate in Latin America, Argentinians are exploring all means to preserve their wealth. As Bitcoin's value climbs, they are moving some savings from dollars to alternative investments. 🔄💵
Sources: Reuters, Business Insider
#Binance #Bitcoin #WritentoEarn #Bigmoney
$BNB $ETH $BTC
Fed Meeting Minutes: Officials Ready to Raise Interest Rates if Inflation Doesn't Ease 📈
Fed officials believe it will take a long time to achieve the 2% inflation target before cutting interest rates.
The Fed stated they are prepared to raise interest rates again if inflation doesn't decrease. 📊 In the minutes from the policy meeting on April 30 and May 1, many officials expressed readiness to tighten policy further if necessary.
At the meeting, Fed officials voted to keep the benchmark interest rate at 5.25%-5.5%, the highest level in 23 years, maintained since last July.
Inflation indicators have decreased but remain "disappointing," with inflation expected to be "persistent in the coming months." Housing prices and labor costs have not decreased as much as expected, raising concerns for the Fed. 🏠💼
Due to stable economic growth and high consumer demand, prices remain elevated. Thus, Fed officials believe it will take more time to gain confidence that inflation is moving towards the 2% target.
Fed Governor Waller said he doesn't expect the Fed to have to raise interest rates but emphasized the need to see data improvement over the "next few months" before voting to cut rates. 🗓️
Chairman Jerome Powell asserted that the Fed needs patience and to let restrictive policies take effect amid rising inflation. 📉
The market has adjusted expectations for a rate cut this year, with about a 60% chance of the first cut in September and 50% in December. 📅
According to Market Watch, CNBC
#Binance #Bitcoin #Bigmoney #Fed
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Fed officials believe it will take a long time to achieve the 2% inflation target before cutting interest rates.
The Fed stated they are prepared to raise interest rates again if inflation doesn't decrease. 📊 In the minutes from the policy meeting on April 30 and May 1, many officials expressed readiness to tighten policy further if necessary.
At the meeting, Fed officials voted to keep the benchmark interest rate at 5.25%-5.5%, the highest level in 23 years, maintained since last July.
Inflation indicators have decreased but remain "disappointing," with inflation expected to be "persistent in the coming months." Housing prices and labor costs have not decreased as much as expected, raising concerns for the Fed. 🏠💼
Due to stable economic growth and high consumer demand, prices remain elevated. Thus, Fed officials believe it will take more time to gain confidence that inflation is moving towards the 2% target.
Fed Governor Waller said he doesn't expect the Fed to have to raise interest rates but emphasized the need to see data improvement over the "next few months" before voting to cut rates. 🗓️
Chairman Jerome Powell asserted that the Fed needs patience and to let restrictive policies take effect amid rising inflation. 📉
The market has adjusted expectations for a rate cut this year, with about a 60% chance of the first cut in September and 50% in December. 📅
According to Market Watch, CNBC
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MỘT SỐ THÔNG TIN CHÍNH VỀ LISTA $LISTA
LIVE
TopCryptoNews
--
Bikajellegű
🚀 LISTA DAO makes the world of defi easier and wants to give a lot of percentage to their holders !
Lista (LISTA) is a DAO focused on liquid staking and decentralized stablecoins. Formed from the merger of Helio Protocol and Synclub, it aims to provide a unified platform for staking, liquid staking, and stablecoin borrowing, all supported by its governance token, LISTA.
🔸 Further, LISTA provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on Lista DAO, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. LISTA is an integral and indispensable part of Lista DAO, because without LISTA, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the ecosystem. Given that additional LISTA will be awarded to a user based only on its actual usage, activity and efforts made on Lista DAO and/or proportionate to the frequency and volume of transactions.
🔸 slisBNB is the yield bearing & liquid staking token for Synclub, which appreciates against BNB in line with BNB’s staking APR. Unlike traditional staking, where staked assets are locked in the contract, liquid staked tokens can be transacted or used as collateral to earn yield across the DeFi ecosystem.
With slisBNB, users have the freedom to earn additional yields on different DeFi platforms while earning staking rewards passively.
🔸 Similar to lisUSD, LISTA token is a medium of exchange in its own right, which can be swapped or put in a farming pool on a DEX at the user’s discretion, e.g. to maximise their capital efficiency, obtain borrowings, and/or compound their yield.
Users would be able to earn $LISTA tokens for their participation and engagement with the protocol, for example depositing or staking with Lista DAO, performing transactions, and/or engaging in governance.
#ListaNewEra #Lista @ListaDAO
Lista (LISTA) is a DAO focused on liquid staking and decentralized stablecoins. Formed from the merger of Helio Protocol and Synclub, it aims to provide a unified platform for staking, liquid staking, and stablecoin borrowing, all supported by its governance token, LISTA.
🔸 Further, LISTA provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on Lista DAO, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. LISTA is an integral and indispensable part of Lista DAO, because without LISTA, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the ecosystem. Given that additional LISTA will be awarded to a user based only on its actual usage, activity and efforts made on Lista DAO and/or proportionate to the frequency and volume of transactions.
🔸 slisBNB is the yield bearing & liquid staking token for Synclub, which appreciates against BNB in line with BNB’s staking APR. Unlike traditional staking, where staked assets are locked in the contract, liquid staked tokens can be transacted or used as collateral to earn yield across the DeFi ecosystem.
With slisBNB, users have the freedom to earn additional yields on different DeFi platforms while earning staking rewards passively.
🔸 Similar to lisUSD, LISTA token is a medium of exchange in its own right, which can be swapped or put in a farming pool on a DEX at the user’s discretion, e.g. to maximise their capital efficiency, obtain borrowings, and/or compound their yield.
Users would be able to earn $LISTA tokens for their participation and engagement with the protocol, for example depositing or staking with Lista DAO, performing transactions, and/or engaging in governance.
#ListaNewEra #Lista @ListaDAO
Nvidia Loses Over $200 Billion in Market Cap in 2 Sessions
In two consecutive trading sessions, Nvidia's stock decline has caused its market capitalization to plummet, pushing it further away from the top spot as the world's most valuable company.
As of the close of trading on June 21, Nvidia's stock dropped by 3.2%. Over the past two sessions, the company's shares have lost 6.7%, resulting in a staggering $220 billion erosion in market value for the U.S. chip giant.
Currently, Nvidia holds a market value of $3.1 trillion, trailing behind Apple ($3.2 trillion) and Microsoft ($3.3 trillion). Just days after briefly claiming the title of the world's most valuable company, Nvidia has slipped back to third place.
According to Bloomberg, investors see no fundamental reason behind the two-day sell-off. However, the volatility underscores how Nvidia's rapid stock surge (up 200% in just a year) leaves it vulnerable to sudden corrections.
"The unusual volatility in the market with large-cap stocks can wipe out hundreds of millions, even hundreds of billions of dollars in their market cap. Regarding Nvidia, I don't see any issues," commented Russ Mould, Investment Director at AJ Bell.
Some analysts had anticipated this development. In a review on June 19, Bank of America noted that "Nvidia's stock has surged, making it vulnerable if investors decide to take profits."
Nevertheless, they believe this volatility will be short-term. Bank of America continues to recommend buying Nvidia, setting a target price of $150 within the next year, despite the current stock price being $125.
Analysts at Melius Research are even more optimistic, projecting Nvidia's stock to reach $160. This marks the fifth time this year they have raised their forecast.
Fortune's calculations show that a $1,000 investment in Nvidia shares a decade ago would now be worth $300,000.
Source: Bloomberg, Fortune
#Binance #Bitcoin #Bigmoney #News
$SOL $SHIB $TRX
In two consecutive trading sessions, Nvidia's stock decline has caused its market capitalization to plummet, pushing it further away from the top spot as the world's most valuable company.
As of the close of trading on June 21, Nvidia's stock dropped by 3.2%. Over the past two sessions, the company's shares have lost 6.7%, resulting in a staggering $220 billion erosion in market value for the U.S. chip giant.
Currently, Nvidia holds a market value of $3.1 trillion, trailing behind Apple ($3.2 trillion) and Microsoft ($3.3 trillion). Just days after briefly claiming the title of the world's most valuable company, Nvidia has slipped back to third place.
According to Bloomberg, investors see no fundamental reason behind the two-day sell-off. However, the volatility underscores how Nvidia's rapid stock surge (up 200% in just a year) leaves it vulnerable to sudden corrections.
"The unusual volatility in the market with large-cap stocks can wipe out hundreds of millions, even hundreds of billions of dollars in their market cap. Regarding Nvidia, I don't see any issues," commented Russ Mould, Investment Director at AJ Bell.
Some analysts had anticipated this development. In a review on June 19, Bank of America noted that "Nvidia's stock has surged, making it vulnerable if investors decide to take profits."
Nevertheless, they believe this volatility will be short-term. Bank of America continues to recommend buying Nvidia, setting a target price of $150 within the next year, despite the current stock price being $125.
Analysts at Melius Research are even more optimistic, projecting Nvidia's stock to reach $160. This marks the fifth time this year they have raised their forecast.
Fortune's calculations show that a $1,000 investment in Nvidia shares a decade ago would now be worth $300,000.
Source: Bloomberg, Fortune
#Binance #Bitcoin #Bigmoney #News
$SOL $SHIB $TRX
ECONOMIC CRISIS IN ARGENTINA
Argentina's economy is facing a severe recession. With inflation rates surpassing 200% and unemployment on the rise, this South American nation has witnessed a staggering 2.6% decline in GDP for Q1 compared to the previous quarter. This marks the second consecutive quarter of economic contraction, a clear sign of recession.
According to Argentina's statistics agency INDEC, unemployment has risen to 7.7% in Q1 from 5.7% in the previous quarter, resulting in an additional 300,000 unemployed in just 3 months. The leadership of President Javier Milei, elected in December last year, has introduced strong measures such as cutting public spending and ending fiscal deficits.
However, Milei's austerity measures have led to the suspension of critical infrastructure projects, contributing to particularly high unemployment rates in the construction sector. Prolonged triple-digit inflation and frequent economic downturns have forced Argentineans to tighten their belts.
As an economist, Milei believes Argentina urgently needs financial restructuring after years of deep deficits and national debt defaulting nine times in its history. Despite boosting the stock and bond markets, these measures have inflicted severe consequences on the economy, exacerbating poverty and unemployment.
Nevertheless, Milei insists these measures are necessary and will lead Argentina toward a turning point. Latest data from INDEC indicates a sharp 5.1% year-on-year GDP decline in Q1, coupled with a 6.7% drop in consumer spending and a 5% decrease in public expenditure. On the flip side, exports surged by 26%, while imports plummeted by 20.1%.
Information from Reuters
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$BTC $BNB $NOT
Argentina's economy is facing a severe recession. With inflation rates surpassing 200% and unemployment on the rise, this South American nation has witnessed a staggering 2.6% decline in GDP for Q1 compared to the previous quarter. This marks the second consecutive quarter of economic contraction, a clear sign of recession.
According to Argentina's statistics agency INDEC, unemployment has risen to 7.7% in Q1 from 5.7% in the previous quarter, resulting in an additional 300,000 unemployed in just 3 months. The leadership of President Javier Milei, elected in December last year, has introduced strong measures such as cutting public spending and ending fiscal deficits.
However, Milei's austerity measures have led to the suspension of critical infrastructure projects, contributing to particularly high unemployment rates in the construction sector. Prolonged triple-digit inflation and frequent economic downturns have forced Argentineans to tighten their belts.
As an economist, Milei believes Argentina urgently needs financial restructuring after years of deep deficits and national debt defaulting nine times in its history. Despite boosting the stock and bond markets, these measures have inflicted severe consequences on the economy, exacerbating poverty and unemployment.
Nevertheless, Milei insists these measures are necessary and will lead Argentina toward a turning point. Latest data from INDEC indicates a sharp 5.1% year-on-year GDP decline in Q1, coupled with a 6.7% drop in consumer spending and a 5% decrease in public expenditure. On the flip side, exports surged by 26%, while imports plummeted by 20.1%.
Information from Reuters
#Binance #Bitcoin #Bigmoney #News
$BTC $BNB $NOT
Are Market Makers Manipulating 78% of New Cryptocurrency Listings? 🕵️♂️💰
The cryptocurrency market has seen tremendous growth, but the transparency of these transactions remains a major issue. A recent study from Chainalysis indicates that up to 78% of transactions involving new cryptocurrencies involve market makers. This raises concerns about the integrity of prices and trading volumes.
🏦 The Role of Market Makers
Market makers provide liquidity by continuously placing buy and sell orders, helping to stabilize prices. In the cryptocurrency market, they can include large exchanges, investment funds, and financial institutions.
🔍 Research on Market Manipulation
Market makers can manipulate prices through various methods:
1. Wash Trading: Simultaneously buying and selling to create fake trading volumes.
2. Spoofing: Placing large buy or sell orders and then canceling them to influence market sentiment.
3. Pump and Dump: Buying in large quantities to pump up the price, then quickly selling off to profit, often at the expense of smaller investors.
🌐 Impact on the Market
Market manipulation has several negative effects:
- Eroding Investor Trust: Investors lose confidence and withdraw funds, leading to reduced liquidity and significant price volatility.
- Creating Price Bubbles: Prices are artificially inflated, which can lead to sudden crashes when the bubbles burst.
- Hindering Market Development: Lack of transparency and fraudulent activities impede the sustainable growth of the cryptocurrency market.
🛠️ Solutions
1. Enhanced Regulation and Oversight: Regulatory bodies need stricter oversight and require exchanges to adhere to transparency and anti-manipulation rules.
2. Improving Monitoring Technology: Utilizing blockchain and data analysis tools to detect and prevent manipulative practices.
3. **Increasing Education and Awareness:** Educating investors about the risks associated with market manipulation and how to avoid them.
#Binance #Bitcoin #Bigmoney
$BTC $ETH $PEPE
The cryptocurrency market has seen tremendous growth, but the transparency of these transactions remains a major issue. A recent study from Chainalysis indicates that up to 78% of transactions involving new cryptocurrencies involve market makers. This raises concerns about the integrity of prices and trading volumes.
🏦 The Role of Market Makers
Market makers provide liquidity by continuously placing buy and sell orders, helping to stabilize prices. In the cryptocurrency market, they can include large exchanges, investment funds, and financial institutions.
🔍 Research on Market Manipulation
Market makers can manipulate prices through various methods:
1. Wash Trading: Simultaneously buying and selling to create fake trading volumes.
2. Spoofing: Placing large buy or sell orders and then canceling them to influence market sentiment.
3. Pump and Dump: Buying in large quantities to pump up the price, then quickly selling off to profit, often at the expense of smaller investors.
🌐 Impact on the Market
Market manipulation has several negative effects:
- Eroding Investor Trust: Investors lose confidence and withdraw funds, leading to reduced liquidity and significant price volatility.
- Creating Price Bubbles: Prices are artificially inflated, which can lead to sudden crashes when the bubbles burst.
- Hindering Market Development: Lack of transparency and fraudulent activities impede the sustainable growth of the cryptocurrency market.
🛠️ Solutions
1. Enhanced Regulation and Oversight: Regulatory bodies need stricter oversight and require exchanges to adhere to transparency and anti-manipulation rules.
2. Improving Monitoring Technology: Utilizing blockchain and data analysis tools to detect and prevent manipulative practices.
3. **Increasing Education and Awareness:** Educating investors about the risks associated with market manipulation and how to avoid them.
#Binance #Bitcoin #Bigmoney
$BTC $ETH $PEPE
🔍 Bitcoin's Double Top Appears on Chart: BTC May Drop to $50,000
Bitcoin (BTC) has formed a double top pattern, signaling a potential bearish trend reversal ahead of important data releases that could impact the Fed's interest rate path.
📉 Recent Bitcoin Price:
- After surging to nearly $70,000, approaching its all-time high from March, it has now dropped to $60,856 at the time of writing.
- Main causes: Faster selling by miners, investors taking profits near the all-time high, and outflows from U.S.-listed spot ETFs.
📊 Double Top Pattern:
- The price action has formed a double top, a bearish technical analysis pattern.
- The second peak indicates the exhaustion of the uptrend.
- Breaking the low between the two peaks confirms the bearish trend reversal.
🔍 Technical Analysis:
- Markus Thielen, founder of 10x Research, stated: "Technically, Bitcoin appears to be following a double top formation. This pattern could easily see a drop to $50,000—if not $45,000."
📉 Inflation and Interest Rate Data:
- The Personal Consumption Expenditures (PCE) price index is expected to show the slowest monthly increase in core figures in over three years.
- This could bolster the likelihood of the Fed continuing to cut interest rates from September, potentially setting a floor for risk assets, including Bitcoin.
🗣️ Expert Opinions:
- Greg Magadini, head of derivatives at Amberdata, noted: "Strong economic data recently has driven bond yields higher and precious metals lower. This continues to hinder digital hard assets like cryptocurrencies."
- Magadini added: "This week we have several Fed Governors speaking, GDP data, and most importantly, PCE on Friday."
Economists surveyed by Bloomberg expect no changes in the PCE price index and a modest 0.1% increase in the core PCE, leading to a 2.6% annual increase in both headline and core figures.
#BTC #Binance #Bigmoney
$BTC $BNB $PEPE
Bitcoin (BTC) has formed a double top pattern, signaling a potential bearish trend reversal ahead of important data releases that could impact the Fed's interest rate path.
📉 Recent Bitcoin Price:
- After surging to nearly $70,000, approaching its all-time high from March, it has now dropped to $60,856 at the time of writing.
- Main causes: Faster selling by miners, investors taking profits near the all-time high, and outflows from U.S.-listed spot ETFs.
📊 Double Top Pattern:
- The price action has formed a double top, a bearish technical analysis pattern.
- The second peak indicates the exhaustion of the uptrend.
- Breaking the low between the two peaks confirms the bearish trend reversal.
🔍 Technical Analysis:
- Markus Thielen, founder of 10x Research, stated: "Technically, Bitcoin appears to be following a double top formation. This pattern could easily see a drop to $50,000—if not $45,000."
📉 Inflation and Interest Rate Data:
- The Personal Consumption Expenditures (PCE) price index is expected to show the slowest monthly increase in core figures in over three years.
- This could bolster the likelihood of the Fed continuing to cut interest rates from September, potentially setting a floor for risk assets, including Bitcoin.
🗣️ Expert Opinions:
- Greg Magadini, head of derivatives at Amberdata, noted: "Strong economic data recently has driven bond yields higher and precious metals lower. This continues to hinder digital hard assets like cryptocurrencies."
- Magadini added: "This week we have several Fed Governors speaking, GDP data, and most importantly, PCE on Friday."
Economists surveyed by Bloomberg expect no changes in the PCE price index and a modest 0.1% increase in the core PCE, leading to a 2.6% annual increase in both headline and core figures.
#BTC #Binance #Bigmoney
$BTC $BNB $PEPE
