#AVAX 如我所料從 24.7 美元的支撐位反彈。只要能守住這一支撐位，下一個目標分別是 45 美元和 65 美元。 | Cryptona na Binance Square

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Tak jak przewidywałem, #AVAX   odbił się od poziomu wsparcia 24,7 USD. Dopóki utrzyma to wsparcie, kolejne cele to odpowiednio 45 i 65 dolarów.
#BinanceTournament  #Binance  #IntroToCopytrading  #btc  

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Ripple's Chief Technology Officer David Schwartz recently expressed support for Consensys in a lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC), according to BlockBeats. Drawing parallels with luxury diamond company DeBeer, Schwartz argued that Consensys' product MetaMask operates without profit motives. He further elaborated on investment concepts related to MetaMask, asserting that its profits result from market conditions and user activities rather than Consensys' efforts. Schwartz also contended that tokens managed by smart contracts cannot unify all token holders into a collective enterprise when comparing tokens and securities. #XRP #Binance #IntroToCopytrading #ripple

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Hello friends, Today, I want to offer you a hopeful perspective. As you know, everyone talks about cryptocurrencies skyrocketing tens or hundreds of times after halving events. However, the current situation is quite grim, and aside from futures traders, many, including myself, have lost a significant portion of their investments. But let's embark on a thought experiment based on past scenarios. Let's create a list of where $BTC was priced on its halving days: 1. Halving: November 28, 2012 (around $11) 2. Halving: July 9, 2016 (around $600) 3. Halving: May 11, 2020 (around $8000) 4. Halving: April 20, 2024 (around $60,000) To keep it simple and easy on the eyes, I've rounded off the figures. Now, what we need to do is look at the prices one year after each halving: 1. One year after the first halving: November 28, 2013 (around $780) - A 71x increase after one year 2. One year after the second halving: July 9, 2017 (around $2225) - A 3.7x increase after one year 3. One year after the third halving: May 11, 2021 (around $45,900) - A 5.7x increase after one year 4. One year after the fourth halving: April 20, 2025 Do you still believe it will be below $60,000 after a year? Hodl tight, brace yourself! Note: All content in this post is for informational purposes only and does not constitute investment advice. You should conduct your own research and seek advice from a professional before making any financial decisions. Investment decisions are your own responsibility, and the author cannot be held liable for any consequences arising from the information in this post. #Bitcoin #Binance #IntroToCopytrading #BTC

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Future of Ethereum

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Investment Firms Queue Up for Solana: Another Application Arrives The competition among investment firms to launch cryptocurrency exchange-traded funds (ETFs) is heating up, with 21Shares recently joining VanEck in submitting an application for a Solana (SOL) ETF. This move comes on the heels of the Securities and Exchange Commission's (SEC) approval of spot bitcoin ETFs from both firms earlier this year, following a protracted approval process. Now, both VanEck and 21Shares are eagerly awaiting SEC approval to launch spot ETFs tied to Ethereum's price, positioning themselves among the asset managers striving to capitalize on the ETF market's potential. Specifically, both firms are eyeing a listing for their Solana ETFs on the CBOE exchange, pending necessary regulatory permissions. Insiders familiar with the Solana discussions, speaking on condition of anonymity due to the sensitive nature of the matter, hinted that the application could see progress within the coming weeks. Meanwhile, Canada-based 3iQ has also made significant strides by applying to list a Solana-based product on the Toronto Stock Exchange, seeking approval from Ontario regulators since early June. This move underscores the increasing interest in Solana as a viable investment asset within the cryptocurrency ETF landscape. It's important to note that prior to the approval of spot ETFs for Bitcoin and Ethereum, the CME exchange already offered futures contracts for these cryptocurrencies. Andrew Jacobson, a prominent figure at 21Shares, emphasized that while a Solana ETF is significant, it shouldn't be the sole criterion for evaluating its attractiveness as an investment. He stressed the importance of considering broader market dynamics and investor sentiment in the cryptocurrency space. As developments continue to unfold, investors and industry observers are advised to stay informed for further updates. #IntroToCopytrading #Binance #Bitcoin

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Crypto Analysis Firm Santiment Highlights Overvalued and Undervalued Altcoins Santiment, a prominent crypto analysis firm, recently released insights into the classification of altcoins as either "overvalued" or "undervalued." Utilizing MVRV Z-Score data, which assesses altcoins based on traders' average returns, Santiment identified several notable cryptocurrencies falling into these categories among the largest in the world. In the category of **overvalued** altcoins, Santiment highlighted #Toncoin , #Bitcoin , and #Ethereum . These cryptocurrencies have been identified as potentially priced higher relative to their expected market performance, as indicated by the MVRV Z-Score analysis. Conversely, in the **undervalued** category, Santiment pointed out Uniswap (UNI) and Shiba Inu (SHIB). These altcoins are perceived to be priced lower compared to their potential value based on the same analytical framework, suggesting potential opportunities for growth or market correction. Moreover, Santiment's analysts provided additional commentary on the broader crypto market sentiment. They noted a significant decline in bullish signals from popular platforms such as X, Reddit, Telegram, 4Chan, and BitcoinTalk. This decline indicates a waning investor confidence in the current market conditions. In contrast, the decrease in bearish sentiments has been less pronounced, implying a cautious optimism among market participants. This shift in sentiment is interpreted by Santiment as potentially signaling a market bottom. The firm attributes this to growing crowd fear and apathy towards the market, which historically have preceded market rebounds. Such observations highlight Santiment's role in crypto market. In conclusion, Santiment's latest analysis underscores the importance of data-driven decision-making in the volatile cryptocurrency market. By leveraging advanced metrics like the MVRV Z-Score, Santiment aims to assist traders and inves #Binance

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