BlackRock IBIT income: +$788 million USD today Bitcoin ETF inflow today: +$662 million USD That is a firm belief we should hold for a long time. it's just begun, the market has just begun #writw2earn
Binance Earn Completes the Pixels (PIXEL) Airdrop for Eligible RONIN Locked Products Users
This is a general announcement. Products, services and the airdrop plan referred to here may not be available in your region or for some users. Fellow Binancians, Binance Earn has completed the Pixels (PIXEL) airdrop to eligible RONIN Locked Products users. Users can confirm the receipt of these tokens at the Airdrop Portal. Snapshot Details: A snapshot of users’ total RONIN Locked Products subscription amount was taken at 2024-02-08 at 23:59 (UTC). Please Note: Only verified users who hold at least one RONIN Locked Products position containing a minimum of 1 RONIN at the snapshot time, and ensure the corresponding Binance account is neither inactive nor has any imposed restrictions, are eligible for the PIXEL airdrop. Refer to the earlier announcement for more information on the Pixels (PIXEL) airdrop rewards per eligible user.Users should ensure that they have NOT selected “Hide Small Balances” to view their Pixels (PIXEL) token balances in the Spot Wallet.U.S. persons, entities and sanctioned countries are not eligible to receive this airdrop. In addition, select users may not qualify for the airdrop due to prevailing product and/or regulatory restrictions. For more information, please refer to Binance Terms of Use. There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. For More Information: Binance Earn Will Support Pixels (PIXEL) Airdrop for Eligible RONIN Locked Products Users Thank you for your support! Binance Team 2024-03-06
this is the good question. To answer this we should jump into what solana has achieved? first, liquidstaking which is a useful tool to increase tvl and decrease circulating supply like jito second, we have jup is a fast cheap dex solchat is a good use case solana look forward!
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Cryptocurrency markets are known for their volatility, and traders often rely on technical analysis to make informed decisions. One crucial aspect of technical analysis is divergence, a concept that involves the relationship between price movements and corresponding indicators. Negative divergence, in particular, can signal potential shifts in market sentiment. Here are some key signs to watch for when identifying negative divergence in crypto trading.
1. **Price and Indicator Misalignment:** Negative divergence occurs when the price of a cryptocurrency reaches higher highs, but the corresponding indicators, such as the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD), fail to mirror these upward movements. This misalignment suggests that the bullish momentum may be weakening.
2. **Decreasing Volume Amidst Price Increase:** Another sign of negative divergence is a surge in the price of a cryptocurrency accompanied by decreasing trading volume. While rising prices typically coincide with increased trading activity, a lack of volume support can indicate that the market's enthusiasm is waning, possibly leading to a reversal.
3. **Bearish Reversal Patterns:** Negative divergence often manifests alongside bearish reversal patterns on price charts. Traders should be attentive to patterns such as double tops or head and shoulders formations that align with weakening indicator readings. These patterns can be indicative of an impending downtrend.
4. **Overbought Conditions on Indicators:** Negative divergence frequently occurs when indicators enter overbought territory while prices continue to rise. Overbought conditions, as indicated by high RSI values, suggest that the market may be due for a correction.
In conclusion, recognizing negative divergence is essential for traders seeking to make informed decisions in the volatile crypto markets. By closely observing the relationship between price movements and key technical indicators, traders can better