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JUST IN: Mastercard launches 'Crypto Credential,' allowing users to send and receive crypto using a username instead of a wallet address.
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🇬🇧 UK bank refuses large cash withdrawal to its customer 😮 Will you have access to your own money when you need it most?
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JUST IN: 🇺🇸 Fed Chair Powell says, “Inflation may get back to 2% late next year or the following year.” #BitEagleNews #Inflation
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JUST IN: "Despite 🇨🇳 China's ban on BTC mining, Chinese mining pools still hold nearly 54% market share. While not all participants in these pools are Chinese, some might still be operating covertly, with authorities possibly concealing data," says CryptoQuant CEO Ki Young Ju. #BitEagleNews #BullRun
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I'll tell you five things you need to know so you can learn. These are absolute gems. Knowledge is power. So understand it. 1. Check the Volume-to-Market Cap Ratio: You want coins with high volume because you want coins with hype. Check out the 24-hour buying volume and divide it by the market cap. I usually look for a ratio higher than 10%. 2. Story Adds Value: What’s the story behind the coin? Is it actually funny or is it just some cat-like name and an image? Does the creator have a vision? It doesn’t need to revolutionise crypto, but it should at least be funny. 3. Avoid Rug Pulls: Rug pulls happen when the developer sells all their holdings at once, Or the liquidity pool gets drained, and the coin becomes worthless. Ensure the distribution of top holders is fair. For a general overview, check out rugcheck.xyz. 4. Hold Your Winners: Yes, at some point it’s smart to exit. But you don’t want to sell a holding when it 2x or 3x. That way, you will never hit that 10x. Hold it for as long as the hype is increasing. Take out your initial investment, but hold the rest as long as hype is still increasing. 5. Check Their Twitter Page: Is it active? Are there updates being posted? Don’t fixate on followers; those can be purchased. But check out the number of posts being created. Are other influencers tagging the coin? Simple. If you want more knowledge like this, Just like this post and follow me. #BitEagleNews #BullRun
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Some say the crypto bull run is over. Others say Altseason is just starting. And they both call themselves experts. But who's right? I’m going to show you both arguments. Then I will let you decide. Here’s why some think the Bitcoin bull run is over: - Fear and Greed Index is at an 18-month low, indicating extreme fear. - RSI is the lowest in a year, showing potential downward momentum. - Concerns over Mt. Gox: 65,000 $BTC could return to retail investors, potentially flooding the market. Now, Here’s why others believe it’s just starting: - BTC is forming a bottom at $57,000 - $60,000. - Mt. Gox FUD is exaggerated; institutions are absorbing most BTC. - Historical miner capitulations lead to massive bull markets. - Miners need higher prices to remain profitable, suggesting a rebound above $80,000. In my opinion, The super cycle is loading. Even though we may see a pullback, it’s a dip you should buy. Few understand. Get ready. #BullRun #BitEagleNews
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