Breaking_Crypto_News
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#Breaking_Crypto_News
Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI
If elected, the former U.S. president has said he will install Elon Musk as head of a new government efficiency commission.
#BTC☀
#DonaldJTrump
Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI
If elected, the former U.S. president has said he will install Elon Musk as head of a new government efficiency commission.
#BTC☀
#DonaldJTrump
🚨 Breaking News: 🚨 The U.S. is pushing for Changpeng Zhao, former Binance CEO, to face a 36-month prison term and a $50 million fine. ⚖️ On April 30, a sentencing is expected, with prosecutors seeking harsher punishment due to Zhao's acknowledgment of violating anti-money laundering laws last November. 🏦 They argue his failure to implement effective AML measures at Binance facilitated unlawful activities, including fund source concealment and flouting U.S. sanctions. 💼 Despite resigning, Zhao retains majority shares and remains active in crypto, recently launching a children's educational program. 📚 Follow this account for updates. 🔌
#DogecoinDay #Breaking_Crypto_News #Megadrop
#DogecoinDay #Breaking_Crypto_News #Megadrop
#Breaking_Crypto_News
#CryptoMarketTrend
Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg
Expectations for Hong Kong to approve the ETF products are seen as one of the biggest market-moving events for the cryptocurrencies in the near term.
#write2earn🌐💹
#CryptoMarketTrend
Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg
Expectations for Hong Kong to approve the ETF products are seen as one of the biggest market-moving events for the cryptocurrencies in the near term.
#write2earn🌐💹
Here are the most important developments:
• Yesterday, US inflation data was released in a way that ships, investors, or the Federal Reserve did not desire, as it was higher than expectations, bringing back to the markets the fear of a climate in which inflation will rebound again.
• This matter prompted the markets to say that the Federal Reserve will reduce interest rates 3 times this year instead of 6 times.
This gave positivity to the US dollar against currencies and gold, and we expect this positivity for the dollar to continue in stages.
#Breaking_Crypto_News #HotTrends $BTC
• Yesterday, US inflation data was released in a way that ships, investors, or the Federal Reserve did not desire, as it was higher than expectations, bringing back to the markets the fear of a climate in which inflation will rebound again.
• This matter prompted the markets to say that the Federal Reserve will reduce interest rates 3 times this year instead of 6 times.
This gave positivity to the US dollar against currencies and gold, and we expect this positivity for the dollar to continue in stages.
#Breaking_Crypto_News #HotTrends $BTC
The #EuropeanUnion has introduced a new directive that outlaws transactions using anonymous, privately managed #crypto wallets for any transaction value.
This latest regulation, aimed at combating money laundering, sets limits on cash transactions and bans all anonymous cryptocurrency transactions. Specifically, it makes any cash transaction over €10,000 and any anonymous cash transaction over €3,000 illegal.
#HotTrends #HotTopics #Breaking_Crypto_News
This latest regulation, aimed at combating money laundering, sets limits on cash transactions and bans all anonymous cryptocurrency transactions. Specifically, it makes any cash transaction over €10,000 and any anonymous cash transaction over €3,000 illegal.
#HotTrends #HotTopics #Breaking_Crypto_News
Long squeeze alert: This cryptocurrency could crash 30% soon
#Breaking_Crypto_News #pepe⚡ #crash
#Alert🔴 $PEPE
The meme coin mania is back in the cryptocurrency market, and cryptocurrencies like PEPE show signals of being overvalued. This could foreshadow a long squeeze, as suggested by increased open interest (OI), high funding rates, and accumulated liquidations downwards.
Previously, the meme coin boom marked a local top, followed by a market crash and significant long-position liquidations. Should a similar pattern play out, this asset class is at the peril of suffering another hit despite positive social activity from influencers.
As of this writing, PEPE has $736.69 million in open interest, ranking fifth on CoinGlass. This value represents 11% of the meme coin’s $6.39 billion market cap, trading at $0.0000151. Notably, PEPE’s OI is larger than the open interest on XRP, which has a $29.73 billion market cap.
Despite a drop of 37.82% in the $3.07 billion 24-hour volume, the market’s open interest is surging by 8.85% on the meme coin.
PEPE funding rates and potential long squeeze
In particular, the consolidated exchanges’ funding rates for PEPE indicate an open interest weighted to long positions. Currently, long-position traders pay an APR of 52.66% to PEPE short-sellers as a mechanism to remedy derivatives imbalances.
This high funding rate could accelerate a long squeeze to the meme coin or, at least, incentivize traders to close these bullish positions.
Moreover, the one-week liquidation heatmap shows a likely liquidation price target of $0.0000107 per token to leveraged PEPE traders. Therefore, the meme coin could be set for a long-squeeze crash if sentiment shifts from bullish to bearish.
A price drop to this target would result in 30% losses to traders buying PEPE at current levels.
Still, the meme coin could continue upward if enough capital flows into it in the following days. Cryptocurrency traders and speculators must understand the volatile nature of these digital assets and act cautiously moving forward.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
#Alert🔴 $PEPE
The meme coin mania is back in the cryptocurrency market, and cryptocurrencies like PEPE show signals of being overvalued. This could foreshadow a long squeeze, as suggested by increased open interest (OI), high funding rates, and accumulated liquidations downwards.
Previously, the meme coin boom marked a local top, followed by a market crash and significant long-position liquidations. Should a similar pattern play out, this asset class is at the peril of suffering another hit despite positive social activity from influencers.
As of this writing, PEPE has $736.69 million in open interest, ranking fifth on CoinGlass. This value represents 11% of the meme coin’s $6.39 billion market cap, trading at $0.0000151. Notably, PEPE’s OI is larger than the open interest on XRP, which has a $29.73 billion market cap.
Despite a drop of 37.82% in the $3.07 billion 24-hour volume, the market’s open interest is surging by 8.85% on the meme coin.
PEPE funding rates and potential long squeeze
In particular, the consolidated exchanges’ funding rates for PEPE indicate an open interest weighted to long positions. Currently, long-position traders pay an APR of 52.66% to PEPE short-sellers as a mechanism to remedy derivatives imbalances.
This high funding rate could accelerate a long squeeze to the meme coin or, at least, incentivize traders to close these bullish positions.
Moreover, the one-week liquidation heatmap shows a likely liquidation price target of $0.0000107 per token to leveraged PEPE traders. Therefore, the meme coin could be set for a long-squeeze crash if sentiment shifts from bullish to bearish.
A price drop to this target would result in 30% losses to traders buying PEPE at current levels.
Still, the meme coin could continue upward if enough capital flows into it in the following days. Cryptocurrency traders and speculators must understand the volatile nature of these digital assets and act cautiously moving forward.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
🚨 BREAKING 🚨
YESTERDAY WHILE EVERYONE WAS
PANIC SELLING THEIR BITCOIN, AN
UNKNOWN WHALE HAVE BOUGHT
$496 MILLION WORTH OF BITCOIN
FROM COINBASE.
SOMEONE KNOWS SOMETHING 🔥
source : (Ash Crypto on X)
#BTC🔥🔥🔥🔥🔥🔥 #Breaking_Crypto_News
#Yanbi22
YESTERDAY WHILE EVERYONE WAS
PANIC SELLING THEIR BITCOIN, AN
UNKNOWN WHALE HAVE BOUGHT
$496 MILLION WORTH OF BITCOIN
FROM COINBASE.
SOMEONE KNOWS SOMETHING 🔥
source : (Ash Crypto on X)
#BTC🔥🔥🔥🔥🔥🔥 #Breaking_Crypto_News
#Yanbi22
Breaking Crypto
Andrew Tate says will put $100 million in Bitcoin and 'leave fiat completely'.#Breaking_Crypto_News
BREAKING 🚨: Binance Founder Changpeng Zhao (CZ) sentenced to 4 months in prison.
@CZ #fomc #Fed #newsdaily #Breaking_Crypto_News #Megadrop
@CZ #fomc #Fed #newsdaily #Breaking_Crypto_News #Megadrop