$Doge is experiencing a prolonged Phase D in Wyckoff Accumulation due to the unstable general market. Though, the key elements of Wyckoff events are identified. 🔥 #Dogecoin will spike to resistance lines in some times and complete the cycle with SOS and BU and LPS 🚀 #doge #ElonMuskmakeatweettosupportPEPEReach #Binance200M #Write2Earn!
🚨 BREAKING 🚨 BINANCE RESUMES MASTERCARD PAYMENTS FOR CRYPTO. MASTERCARD HAS OVER 1 BILLION GLOBAL USERS AND IT OPERATES IN 195+ COUNTRIES. THIS IS MASSIVE 🔥 #mastercard #StartInvestingInCrypto #altcoins
🔔 BTCUSDT Urgent Update 🔔 📈 Current Situation: After breaking its all-time high, BTC is now moving sideways. 🚧 Resistance Level: Strong resistance is at $71,500 - $72,300. 🛡️ Support Level: Strong support is at $67,700 - $69,450. 📉 Trading Strategy: 1. Wait for a clear breakout: Monitor for a break above $72,300 or below $67,700. 2. Place your trade accordingly: If BTC breaks above $72,300, consider going long. If BTC breaks below $67,700, consider going short. 💪 Fundamentals: BTC fundamentals are very strong. No major dumps expected. 🎯 Key Points: Watch the resistance and support levels. Trade based on the breakout direction. Stay updated with market news. Happy trading!#btc #sol #eth #bnb #Write2Earn!
What is Taiko? Information about TAIKO Token Taiko - a Layer 2 solution for Ethereum praised and supported by Vitalik Buterin. So, what is Taiko? What makes this project special? What is Taiko? Taiko is a Layer 2 project utilizing zkEVM technology. zkEVM combines Zero-Knowledge Proof (ZK) and Ethereum Virtual Machine (EVM), allowing developers to easily migrate decentralized applications (dApps) between the Taiko network and Ethereum. The project aims to become a Type 1 zkEVM – fully compatible with Ethereum at the consensus level. These Type 1 zkEVM solutions retain Ethereum’s security characteristics but have slower transaction speeds compared to Type 2 and Type 3 zkEVM solutions.
Notably, Taiko has been praised by Vitalik Buterin (Ethereum founder) as an “excellent project” with EVM compatibility faster than ZKP – a cryptographic technology that verifies the authenticity of information without revealing the information itself.#taiko #eth #sol
The world’s largest cryptocurrency, Bitcoin (BTC), has been facing significant selling pressure since June 7. Previously finding support at $71,000, BTC’s price has dropped to $68,500. At the time of writing, Bitcoin is trading at $69,404 with a market value of $1.37 trillion. Notable Increase in Bitcoin Hedge Fund Net Shorts Analyst Zerohedge reported a dramatic increase in Bitcoin hedge fund net shorts, reaching a new record level. This increase indicates extreme bearish expectations among hedge funds and suggests potential market volatility if these positions are forced to unwind. The analyst compared this situation to historical short squeezes like Volkswagen and GameStop (GME), suggesting a similar dramatic shift could occur in the Bitcoin market. $68,500 Level is Critical Meanwhile, crypto analyst Ali Martinez reported that $68,500 is a crucial support level for Bitcoin. Martinez emphasized that maintaining this support level is essential for Bitcoin’s upward movement to continue. According to him, if Bitcoin can stay above this level, it may potentially recover and see further gains.#btc #eth #bnb #Write2Earn!
Binance Announces IO.NET (IO), the 55th Project on Binance Launchpool Binance will be the first platform to list the IO token, with trading commencing on June 11, 2024, at 12:00 (UTC). Binance has announced the 55th project on Binance Launchpool – IO.NET (IO), a decentralized cloud and AI computing platform. The website is expected to be available five hours before the Launchpool begins.
Users can stake their BNB and FDUSD into separate pools to farm IO tokens for four days, with the farming period starting on June 7, 2024, at 00:00 (UTC).
Listing Binance will list IO at 12:00 (UTC) on June 11, 2024, and open trading with pairs IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. Seed tags will apply to IO. Supported Pools Stake BNB (website available after approximately 5 hours): 17,000,000 IO rewards (85%) Stake FDUSD (website available after approximately 5 hours): 3,000,000 IO rewards (15%) Farming Period: June 7, 2024, 00:00 (UTC) to June 10, 2024, 23:59 (UTC). #bnb #FDUSD🔥
$BTC Zooming in on BTC here and it is looking good. Breakout - Retest and followed by a decent bounce. Structure is bullish and expecting it to go for the highs and enter price discovery soon. Overall, bullish. ✍️ #Write2Earn! #btc #eth #sol
A burn rate exceeding 10,000% on June 4 removed about 370 million SHIB tokens from circulation, potentially boosting the token’s value.
Shibarium, processing over five million blocks by May’s end, has enhanced SHIB’s transaction speed, reduced fees, and improved scalability since its summer launch.
Shiba Inu (SHIB) has witnessed a significant surge in its price today, marking a notable 10% increase and positioning itself among the leading altcoins in the current market climate.
Latest data indicates that SHIB is now trading at around $0.00002612 per token. This surge coincides with a substantial rise in transaction volume, with SHIB’s daily transactions surpassing $135 million, representing a remarkable 99% surge compared to the previous day. Concurrently, the coin’s price has surged by over 6%, indicating a growing interest among investors.
This surge in transaction volume suggests a notable increase in whale activity within the SHIB ecosystem, signaling substantial transactions and heightened involvement from major investors. This resurgence has led to positive returns for many investors, with a significant portion now finding themselves in profitable positions. Notably, approximately 73% of SHIB’s circulating supply is currently under the control of these influential market players.
The recent price rally in SHIB can be attributed to several key factors propelling momentum within the ecosystem. The token burn mechanism has experienced heightened activity, with an exceptionally high burn rate recorded on June 4th. This activity resulted in the removal of approximately 370 million SHIB tokens from circulation last month alone, effectively reducing the token’s supply and potentially enhancing its long-term value. #shib
The First Bitcoin ETF Spot Officially Launched in Australia Monochrome Asset Management, an Australian investment firm, is set to introduce Australia’s first spot Bitcoin exchange-traded fund (ETF) on Tuesday, May 4, 2024. The Monochrome Bitcoin ETF (IBTC) will directly hold BTC in Australia. The ETF is scheduled to be listed for trading on the Cboe Australia exchange on June 4. Monochrome’s investment strategy for bitcoin will be strictly passive, avoiding derivatives, leverage, or short selling, as stated on their website.
Monochrome’s IBTC Launch in Australia In April, Monochrome applied to launch IBTC, capitalizing on the growing interest in spot Bitcoin ETFs beyond the U.S. market. Previously, Monochrome received approval to launch a spot Bitcoin ETF in August 2022, providing investors with direct exposure to BTC, ether, and other cryptocurrencies. #BTC☀ #eth #sol
Arbitrum Proposes $250 Million Gaming Fund The renowned Layer 2 platform Arbitrum's plan to establish a $250 million fund for developing the gaming sector has sparked significant criticism from the community.
Donald Trump's crypto investments have been paying off. His on-chain crypto holdings have exceeded the $10 million mark. The surge was primarily driven by a rise in the value of the MAGA (TRUMP) meme coin. Trump's holdings in $TRUMP alone are valued at $7.3 million, making up most of his crypto investments. Trump also holds over 463 Ethereum, currently valued at $1.8 million. Trump does not publicly own any Bitcoin. The price of the TRUMP coin, a political meme coin based on Solana, has increased over 60% in the last seven days and currently rests at $12.40. #EarnFreeCrypto2024 #ETHETFsApproved #btc70k #btc
Based on my analysis, I predict that Bitcoin will experience volatility in the coming weeks and months. While there may be short-term fluctuations due to market sentiment and regulatory news, I maintain a long-term bullish outlook driven by institutional adoption and technological advancements. #btc $BTC