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​​#DailyCryptoNews 💼 Top crypto news for Friday, August 23 📌 Tether shuns blockchain launch, cites market concerns. 📌 El Salvador’s Bitcoin holdings grow by 162 BTC with daily buys. 📌 FBI will use NFTs to contact victims of crypto fraud scheme Clucoin. 📌 Changpeng Zhao moved to custody of field office ahead of Sept release. Bullish or bearish news overall? 👍 - Bullish 👎 - Bearish 🤔 - Neutral vote for creator awards @Tokentraverse $BTC #CryptoMarketMoves #BinanceBlockchainWeek #BinanceLaunchpoolDOGS
Great news! $GPU has shown strong support at $0.70 and is now making its way towards our next target of $1.92 with impressive trading volume. Hope $BTC doesn't lose its strength. Exciting times ahead! We've seen a 9x gain uptick in it before.
🚀 Turn $1 to $100 with 3 Ethereum Coins!
🗣️ #Macro Update: Fed Chairs Harker and Goolsby suggest it's time to start lowering interest rates. 📉 🤔 21Shares points out that when rates were cut in March 2020, the total crypto market cap went up by about 450%, and #BTC increased by 200% by the end of the year. Will we see a similar rise this time? 🚀 $BTC
Mark Zuckerberg And Spotify CEO Push For Open-Source AI In EU
DUSK analysis : DUSK moving within a steep uptrend channel and near towards the trendline. Price have a breakout of the major resistance area and have a retest. Now price looks healthy enough from move higher from here. Major Resistance : $0.211 - $0.216 Targets : $0.241
SKL rebounded after testing the support area. Our long position is now in more than 13% profit, and you can increase your stop loss to the breakeven point. We may witness a move towards the resistance area in the coming days. Resistance Area: $0.0525-$0.056
Bitcoin is maintaining the $60,000 level and rebounding from it. A move towards the $65,000 resistance level is possible in the upcoming week.
MKR analysis: Price tested the support area and is now trading near it. You can open a long position at the support area with a tight stop loss. We may see a bounce towards the resistance area. Support Area: $1770-$1920 Resistance Area: $2530-$2660
**Bitcoin Buyers Buzz as Fed Hints at Rate Cuts 📈** - Bitcoin interest in the US hit a 39-day high after the Fed hinted at lower interest rates. - CryptoQuant's Julio Moreno noted the spike in Bitcoin's Coinbase Premium Index, a sign of US investor demand. - The index reached its highest point since July 15, signaling strong buying pressure. - Fed Chair Jerome Powell hinted at rate cuts but kept the timeline vague. - Bitcoin's price surged to $64,769, its highest since Aug. 2, before settling at $63,978. - Market analysts are optimistic, despite recent concerns over mining costs and potential sell-offs.
🚀 Bitcoin Buzz! 🚀 Hold onto your hats, crypto enthusiasts! Bitcoin buyer interest in the US has hit a 39-day high, thanks to the Fed hinting at lower interest rates. 📉 - On Aug. 23, Bitcoin’s Coinbase Premium Index spiked to its highest point since July 15. - This index measures the gap between Bitcoin’s price on Coinbase Pro and Binance, indicating US investor demand. Fed Chair Jerome Powell teased interest rate cuts but kept us guessing on the timeline. Meanwhile, Bitcoin flirted with $65K, reaching $64,769—its highest since Aug. 2. Is this the start of a bull run? Share your thoughts below! 💬
According to Glassnode's data, there are currently 1,646 Bitcoin Whales, defined as entities holding over 1,000 BTC. This marks an increase of 147 whales since the start of 2024. Big money is increasingly investing in Bitcoin.
🐕💰 As a #Dog tokens holder, I’ve got a BIG question! 🤔 Should I sell my Dog tokens right after launch, or hold onto them for the long run? ♥️ 👉🏻 [VOTE me Daily & Win Rebate 🎁](https://www.binance.com/en/square/profile/Muhammad_Amir_Rajpoot?ref=130293329) 🕒 What’s the estimated price going to be? #DOGSCommunity 🐾📈
Analyst Predicts Cardano Explosion to $8, When Recently, Cardano has been predicted to rise, particularly after the Chang update. One of the network's most significant updates in a while has boosted supporters' hope. Additionally, crypto researcher Alan Santana anticipates a huge increase for the altcoin's price to new all-time highs. Cardano Cycle Position Last three years, Cardano has witnessed bullish and bearish cycles, but the bears seem to have triumphed. The ADA price has been mostly down since 2021, when it reached its all-time high of $3.10. Although this would ordinarily deter investors, crypto expert Alan Santana notes it in his positive research. The crypto expert said Cardano was in a bear market between its all-time high until 2023, when it started rising. A consolidation period from 2023 to 2023 followed. After consolidation, the ADA price rose in 2024. This raised its price from $0.24 to $0.79. Santana calls this the “initial bullish breakout.” The expert calls this era the “entree or appetizer before the major bull-market.” This suggests that if the analyst is accurate, this early breakthrough is only a prelude. Since its local top of $0.79, Cardano has dropped 50% of its value, worrying investors. The crypto expert considers this a “minor correction” that won't matter throughout the bull cycle. How High Can ADA Prices Go? Santana expects Cardano to bottom at $0.22, according to his research. After the dip, a rally should boost the price upward. From this, short- and long-term objectives emerge. Short-term goals are 284.5% to $1.36 and 475.39% to $2. However, the crypto researcher forecasts far more spectacular ADA price increases over time. Two stand out: One is a 1,272.18% rise to $4.8, a record. One of the biggest rallies is 2,200% to $8. #Cardano #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek $ADA {spot}(ADAUSDT)
IRIS made a strong move and hit the resistance area. The price was rejected from there and is now slowly moving back towards the resistance area. The long position has gained more than 52% profit from our entry. You can either take some profit or hold the trade with a trailing stop loss.
Bitcoin's Coinbase premium hits a 39-day high as $63K is reclaimed
The Dominance of Bitcoin has bounced after testing the local support area. There are still no signs of weakness in dominance. The price needs to break below the local support area for altcoins to rally. This may be a good time to accumulate your favourite coins during price dips.
Bitcoin has rebounded from the support trendline of the triangle. The price breaks the triangle upward, but it is struggling to hold above it. Mixed signals persist, and there are still no clear signs in the market. It's important to maintain tight stop losses in all open trades.
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NFP analysis: Price is finding support at the uptrend line and may move towards the upper resistance line of the triangle. A break above the triangle would be bullish and send the price towards the major resistance area. Resistance Area: $0.250-$0.255 Major Resistance Area: $0.30-$0.317
Analyst Predicts 2,200% Explosion Will Send Cardano To $8, Here’s When
🚨$PEPE Exhibits Bullish Signal Poised to Break Resistance🚨 [VOTE AND EARN 5 DOLLARS](https://www.binance.com/en/square/profile/maidah_aw) 😍🙏 PEPE is displaying promising indicators that suggest a potential breakout above its current resistance level. Recent developments have contributed to this optimistic outlook: - Breakout from Descending Channel: PEPE has successfully emerged from a descending channel, demonstrating a significant shift in market sentiment. - Upbit Listing: Following its listing on the Upbit exchange, PEPE experienced an 11% surge, further fueling its upward momentum. - Approaching 20-day EMA: Technical indicators reveal that PEPE is closing in on its 20-day exponential moving average (EMA), a key benchmark that may confirm an upward trend. - Uptrend Since February: Technical analysis highlights PEPE's consistent uptrend since February, marked by successful breaks through both horizontal and diagonal resistance levels. If PEPE continues on its current trajectory, there is a strong possibility of further gains. Investors and traders are advised to closely monitor the coin's performance and adjust their strategies accordingly. $RARE $ALPACA #PowellAtJacksonHole #MtGoxRepayments #Write2Earn! #CryptoMarketMoves #BTC
SMALL MARKET UPDATES Currently on it's death cross retest as seen on previous cycle Bulls should hold above $61.5k for a continuation upwards else bears will take over again ALTS market also on resistance be careful in buying spot positions here BTC.D still strong enough to pump more to 60.45% area which is why I am still hesitant to start buying alts again despite support levels holding these past few weeks
Ethereum spot ETF had a total net outflow of $5.6976 million on August 23, and continued net outflow for 7 consecutive days. Grayscale ETF ETHE had an outflow of $9.7656 million, and VanEck ETF ETHV had an inflow of $2.0063 million. The total net asset value of Ethereum spot ETF is $7.652 billion.
$COQ is looking bullish today. It is all set for another upward surge. With Bitcoin remaining bullish, this memecoin could potentially trim one zero from its price. Leading the charge alongside it are $WIF and $BOME . Before, we've recorded a 670% profit on it.
El Salvador Increases Bitcoin Holdings by 162 BTC Through Daily Purchases !! El Salvador, the first country to adopt Bitcoin as legal tender, has been consistently increasing its Bitcoin reserves, purchasing one Bitcoin daily since March 16, according to Arkham Intelligence. #ElSalvadors #bitcoinupdates #Marketupdates #CryptoMarketMoves #MtGoxRepayments
PEPE Coin: Volatility Continues, Investors Weigh Risks and Rewards 🤔 _PEPE Coin's Wild Ride 🎢_ PEPE coin has experienced significant volatility recently, leaving investors wondering about its future performance 🤔. After a 19.67% surge fueled by large purchases from a venture capitalist 💸, the coin is now facing resistance at key price levels 📊. This comes after a period of decline, where PEPE struggled to maintain its value 📉. _Investor Sentiment 🤝_ Despite the uncertainty, investor sentiment remains robust, with some analysts predicting further gains if PEPE can break through its current resistance 💪. However, others are cautious about potential downward pressure if the coin fails to sustain its momentum ⚠️. _Risk Tolerance is Key 🔑_ Given the current situation, the decision to buy or hold PEPE depends on your risk tolerance 🤔. If you're comfortable with volatility and believe in the long-term potential of the coin, holding might be the best strategy 💪. However, if you're looking for more immediate gains or concerned about potential dips, it might be wise to wait and see how the market trends over the next few days 📊. {spot}(PEPEUSDT) #MtGoxRepayments #CryptoMarketMoves
Bitcoin Transaction Fees Surge 937.7% in 24 Hours On August 22, Bitcoin transaction fees jumped 937.7%, from $0.74 to $7.679, due to increased network demand. Previously, fees had been stable, mostly under $2. Low fees benefit users but can reduce miner revenue. #BTC☀ #bitcoin☀️ #CryptoNews🚀🔥 #MtGoxRepayments #BinanceHODLerBANANA
Memecoin Mania: Top 3 Memecoins To Watch Out for Potential Returns As Market Heats-Up
Bullish Outlook for $FET: Potential Uptrend on the Horizon🤯💥📈 _$FET Surges, Hints at Uptrend_ A recent surge in $FET's price suggests a potential uptrend, but confirmation is needed through a five-wave move up. The third wave must reach $1.25-$1.26, followed by a pullback and a final wave targeting $1.35-$1.43. A drop below $0.52 could undermine the bullish case. _Key Levels to Watch_ - $1.25-$1.26: Third wave target - $1.35-$1.43: Potential final wave move - $0.52: Key support level - $1.15: Stop Loss level _Trading Setup_ - Buy Point (BP): $1.25 - Take Profit (TP): $1.35-$1.43 - Stop Loss (SL): $1.15 This setup assumes the third wave reaches $1.25, confirming the uptrend. The TP range targets the potential final wave move, while the SL limits downside risk. A corrective pullback will be crucial in determining if one more high is likely. {spot}(FETUSDT)
Market at Potential Turning Point as Altcoin Speculation Index Hits Low
Bitcoin Breaks Key Pattern, Analyst Predicts Possible Surge to $67k As Bullish Momentum Grows
WazirX to Resumes INR Withdrawals: What You Need to Know
$POKT is gaining momentum which is very much needed. This time, it has confirmed its support at 0.041$ and is progressing towards our next target of 0.087$ with a substantial volume surge. Expecting $BTC to remain bullish alongside. It has given 460% gains in the last rally.
🔮 #Cryptoprediction : Founder of 1confirmation says Ethereum's market cap could surpass Bitcoin's in the next 5 years! They see Ethereum as the digital oil that powers the most talented developers and innovative projects. As ETH gets more use, its value could grow faster than Bitcoin's. What do you think? #ETH #BTC $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
XRP Skyrocketing: Here's When and How, Cardano 12% Pump, Is ADA Finally Waking Up? Ethereum ...
Could Cardano (ADA) and MoonTaurus (MNTR) Hit $2 By the End of 2024?
MinePro’s $770,000 Presale Outshines CORE’s Surge While SEI Spirals Down Over Time Despite Surge
📈 #BTC Update: Bitcoin demand in the U.S. is rising fast after the Federal Reserve hinted at cutting interest rates soon. The Coinbase Premium Index (green line) is at its highest since July, showing strong buying on Coinbase compared to other exchanges. This suggests investors are feeling more positive about Bitcoin. Stay updated! #Crypto #Bitcoin #MarketTrends $BTC
$GMT and $AAVE look very similar with aave just following gmt in price action a few weeks behind. If it truly is following then we might see a new low formation on defi coins. this might play out if $ETH corrections continues till november. {spot}(AAVEUSDT) {spot}(GMTUSDT)
Meme Crypto: Top 3 Coins to Watch if You’re a Shiba Inu Fan
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US start-up failures jumped to 254 over the past year, the highest level since at least 2019. The annualized rate of start-ups going failing is now 7 TIMES larger than 5 years ago. "Startups should get backed up by $BTC , Ask Saylor"
🚨 Why aren’t you Making Money 💰 in Crypto 5 Common Pitfalls to Avoid 🚨
🚀 DODO is on the move! 🚀 Today, $DODO is looking bullish as it holds firm at the $0.11 support level. With a potential rise to $0.174 on the horizon, this could be an exciting ride—especially if Bitcoin maintains its bullish momentum. 📈 Remember, $DODO has surged by 370% in the past, so don’t miss out on what could be another thrilling opportunity! Keep your eyes peeled and stay tuned for updates! 🌟 #CryptoMarketMoves #BinanceLaunchpoolDOGS #LowestCPI2021 #BinanceLaunchpoolDOGS #Raiarmy
Bitcoin Spot ETFs See Record Inflows Amidst Market Activity
We Asked ChatGPT If Tron (TRX) Can Hit an ATH This Year
Ripple (XRP) Could Hit $2.50 If Cardano (ADA) Reaches $1.60: Expert Insight
$BTC Is it time for Avalanche (AVAX) price to turn bullish? Avalanche price gained 16%+ in the last week, but are positive media headlines enough to sustain the AVAX. After spending nearly six months in a downtrend, AVAX price looks to be in the early stages of a trend reversal. On Aug. 5, it traded at $17.29, its lowest price in nine months. Over the past two weeks, the altcoin has reversed course with a 45% gain to $25.25.  While AVAX’s flash crash under $18 was mirrored by most altcoins which also sharply sold off during Bitcoin’s  BTC $63,838  Aug. 18 correction to $49,500, AVAX $26.25 has been a laggard versus the wider market since topping out at $65 on March. 18.  Positive news could be partially responsible for the recent uptick in the AVAX price. This week, AVAX investors zoomed in on the Avalanche token unlock schedule and noted that a sharp reduction in the number of token unlock events occurs after the end of 2024. Many investors believe that token unlocks generate sell pressure and deter the various types of long-term ecosystem development that support value accretion to the token.  On Aug. 22, asset manager Grayscale Investments also announced the launch of a new investment fund for AVAX, the “Grayscale Avalanche Trust,” which gives investors exposure to the networks. #BecomeCreator On the same day, global asset management firm Franklin Templeton also expanded its Franklin Onchain US Government Money Fund to the Avalanche network. As reported by Cointelegraph, “The fund, which launched in 2021, allows institutional investors access to Franklin Templeton’s blockchain-integrated record-keeping system, Benji Investments $ETH While the token unlocks and Grayscale Investments and Franklin Templeton news are not necessarily fundamentals-based developments directly related to AVAX, the boost in positive sentiment could be influencing investors' feelings about the altcoin’s price prospects From the price action perspective, AVAX’s price surge is aligned with the Grayscale announcement and an uptick in liquidations.
$DODO is looking bullish today. After confirming the support at 0.11$, it is moving ahead towards our next target of 0.174$ if Bitcoin stays bullish during this period along with it. We've seen 370% gains on it in the past.
Bitcoin 4-Hour Analysis: Key Insights for Newcomers (August 24, 2024) Resistance Level: Bitcoin is approaching a critical resistance level around $64,000 USDT. This is the point where the upward movement might stall unless we see a surge in buyer activity. If BTC struggles to break through, a price correction could be on the horizon. Support Level: On the downside, strong support lies near $62,000 USDT. Should BTC drop below this level, it may find solid ground here, preventing further decline. RSI Indicator: The RSI is hovering around 60, signaling a neutral to bullish stance. However, if it crosses 70, BTC could enter the overbought zone, increasing the likelihood of a price reversal. MACD Indicator: The MACD is showing a bullish crossover with the blue line above the orange, and the histogram is green. This indicates that the upward momentum is gaining strength. Volume Trends: Recent volume bars suggest an increase in trading activity, which is supporting the bullish movement. Keep an eye on volume spikes for further confirmation. Fundamental News: Positive market sentiment is being driven by growing institutional interest and regulatory clarity in certain regions. With no significant FUD (Fear, Uncertainty, Doubt) in sight, the market outlook remains optimistic. ✅ Like ❤️ | Comment 💬 | Retweet 🔁 @khannamirr #Write2Earn! #Marketupdates #CryptoUpdates #MtGoxRepayments #BinanceLaunchpoolDOGS
Solana TVL hits near 1-year high — Will SOL price follow? The total value locked on Solana surged but is this enough to send SOL price to a new all-time high? {spot}(SOLUSDT) Solana’s native token, SOL  SOL $153 , has been unable to break above the $150 resistance level since Aug. 12. However, some network metrics have shown strength, including the total deposits in its decentralized applications, which have surged to their highest level since October 2022. Traders are now questioning whether these improvements in network fundamentals are sufficient to drive SOL’s price back to $190 and what factors may be hindering its performance. #BecomeCreator Diminished prospects of Solana spot ETF in the US One reason for the lack of enthusiasm among investors stems from Cboe Global Markets' recent decision to remove the 19b-4 forms for Solana spot exchange-traded funds (ETFs) from its website on Aug. 16. Some market participants, including finance lawyer Scott Johnsson, suggest that the United States Securities and Exchange Commission has informally rejected the Solana ETF, consistent with Chair Gary Gensler’s earlier stance. Eric Balchunas, a senior ETF analyst at Bloomberg, shares a similar view, noting that while the S-1 filings from the ETF issuers remain active, the chances of approval are slim, with the only hope being a change in the current SEC administration should Donald Trump win the US presidential election. As a result, investor optimism regarding the potential launch of a spot Solana ETF has diminished, reducing the immediate impact of Solana’s network. $SOL Crypto trader and investor CoinMamba, for example, believes Solana’s appeal has waned as Ethereum’s average fees have dropped to around $1 for the first time since July 2020, while other blockchains are gaining traction with memecoin launches, a significant driver of demand for SOL CoinMamba also suggests that Solana needs to “find a new narrative,” indicating that the outlook for SOL’s price appreciation depends on exploring new niches and discovering decentralized.
🚨 Breaking News: Malaysian Police Crush Bitcoin Mining Rigs! 🚨 In a dramatic move, Malaysian authorities have destroyed 985 Bitcoin mining rigs worth $452,500 as part of a crackdown on illegal crypto operations. 🚜💥 The rigs were seized during raids targeting miners who were stealing electricity—a practice that cost Malaysia a staggering $722 million between 2018 and 2023. The Perak Tengah District Police chief confirmed that the destruction was court-ordered, and the raids led to multiple arrests. ⚖️👮‍♂️ Among the confiscated items were 52 mining rigs, laptops, mobile phones, and vehicles. While this highlights the ongoing battle against illegal mining, it also underscores the growing pains of Bitcoin's journey to mainstream acceptance. 🌍💡 Stay tuned, BTC enthusiasts! 🚀
BAKE is the native cryptocurrency of the BakerySwap platform, a decentralized exchange (DEX) and automated market maker (AMM) on the Binance Smart Chain. Here are some key points about BAKE:$BAKE _Key Features:_ 1. _Decentralized exchange (DEX)_: BAKE enables decentralized trading on the BakerySwap platform. 2. _Automated market maker (AMM)_: BAKE uses an AMM model to provide liquidity and facilitate trades. 3. _Decentralized governance_: BAKE holders can participate in voting and decision-making processes. 4. _Limited supply_: The total supply of BAKE coins is capped at 710,000,000 tokens. _Use Cases:_ 1. _Trading fees_: BAKE is used to pay fees for trading on the BakerySwap platform. 2. _Liquidity provision_: BAKE is used to incentivize liquidity providers on the platform. 3. _Governance voting_: BAKE is used for voting on proposals and decision-making processes. 4. _Staking rewards_: BAKE can be staked to earn rewards and contribute to network security. _Benefits:_ 1. _Decentralized trading and liquidity provision_ 2. _Decentralized governance and voting rights_ 3. _Staking rewards_ 4. _Utility token with various use cases_ BakerySwap aims to provide a fast, secure, and decentralized trading experience, with BAKE playing a central role in the platform's ecosystem. Please note that the information available on BAKE coin is subject to change, and it's essential to stay up-to-date with market
Malaysian Authorities Are Destroying Bitcoin Mining Rigs, Here’s Why (Report)
$DYM /USDT **Understanding Resistance and Spot Trading in Financial Markets** In financial markets, two crucial concepts traders encounter are resistance and spot trading. Resistance refers to a price level where an asset faces selling pressure, preventing it from rising further. It's often seen as a psychological barrier, where traders expect the price to reverse or stall, making it a critical point for decision-making. Identifying resistance helps traders set their entry and exit points, as breaking through this level might signal a strong upward trend. On the other hand, spot trading involves buying and selling financial instruments, such as stocks, currencies, or commodities, for immediate delivery. Unlike futures or options, spot trading deals with the current market price, known as the spot price. This type of trading is straightforward, focusing on the actual price of the asset without involving any contracts for future transactions. Understanding resistance can enhance spot trading strategies. Traders who identify resistance levels can make informed decisions, knowing when to enter a trade or exit to maximize profits. Monitoring these levels in spot markets is essential for minimizing risks and capitalizing on potential price movements. Both concepts are fundamental for any trader looking to navigate the complexities of financial markets effectively.#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek {spot}(DYMUSDT)
DIA (Decentralized Information Asset) is a cryptocurrency that powers the DIA platform, a decentralized oracle and data platform for decentralized applications (dApps). Here are some key points about DIA:$DIA _Key Features:_ 1. _Decentralized oracle platform_: DIA provides a decentralized oracle platform for dApps. 2. _Data validation and verification_: DIA ensures data accuracy and reliability through validation and verification mechanisms. 3. _Decentralized governance_: DIA holders can participate in voting and decision-making processes. 4. _Limited supply_: The total supply of DIA coins is capped at 200,000,000 tokens. _Use Cases:_ 1. _Data fees_: DIA is used to pay fees for data validation and verification services. 2. _Governance voting_: DIA is used for voting on proposals and decision-making processes. 3. _Staking rewards_: DIA can be staked to earn rewards and contribute to network security. 4. _Decentralized finance applications_: DIA is used for various DeFi applications and services. _Benefits:_ 1. _Decentralized and reliable data validation_ 2. _Decentralized governance and voting rights_ 3. _
🚨 Ripple's $XRP and Steller $XLM Gets Major Nod from IMF! 🌐💸 The International Monetary Fund (IMF) has officially recognized Ripple's XRP as the most suitable payment system for cross-border transactions! 🚀 With the XRP Ledger (XRPL) gaining traction and CRYPTOTRADINGFUND acting as the official cashback platform, big things are on the horizon. 💰 Expect a surge in trading activity on XRPL DeFi in the coming weeks! The leading DeFi token on XRPL could skyrocket from $0.50 to an eye-watering $374.25 per token! 🚀🚀 📊 With a market cap of just $10 billion and a total supply of 120 million tokens, any increase in demand could send prices soaring! 🌐 #Xrp🔥🔥 #ripple #CryptoNews #DEFI #Blockchain #XLM {spot}(XRPUSDT) {spot}(XLMUSDT) {spot}(ADAUSDT)
Utrust (UTK) is a cryptocurrency that enables fast, secure, and low-cost transactions. Here are some key points about UTK:$UTK _Key Features:_ 1. _Decentralized payment solution_: UTK enables fast, secure, and low-cost transactions. 2. _Cryptocurrency payment processing_: UTK allows merchants to accept cryptocurrencies as payment. 3. _Decentralized governance_: UTK holders can participate in voting and decision-making processes. 4. _Limited supply_: The total supply of UTK coins is capped at 500,000,000 tokens. _Use Cases:_ 1. _Payment processing fees_: UTK is used to pay fees for payment processing services. 2. _Merchant rewards_: UTK is used to reward merchants for accepting cryptocurrencies as payment. 3. _Governance voting_: UTK is used for voting on proposals and decision-making processes. 4. _Decentralized finance applications_:
💥 BREAKING 💥 Sony is launching a new public $ETH layer 2 blockchain and ecosystem called Soneium Soneium aims to integrate blockchain into Sony's consumer products within the next two years $BTC $ETH #BinanceBlockchainWeek
$BONE stands its ground as Bitcoin stumbles. It shows momentum and might cross the next target of 2.5$ if Bitcoin stays bullish, with Other memecoins like $SHIB and $PEPE leading alongside. Formerly, we've witnessed a 140% increase in gain on it.
🚀 Unstoppable Cryptos in 2024: Must-Know Picks! 🚀 As we edge closer to the end of 2024, the crypto arena is buzzing with excitement! Here’s a peek at the standout tokens you should keep your eye on: ✨ Solana (SOL): Resilient and ready for action! Despite market ups and downs, Solana’s strength remains unwavering. Expect SOL to continue its impressive upward trajectory. 🐋 Ethereum (ETH): The king of altcoins is gaining momentum with increased whale activity! ETH's solid support and resistance levels set it up for a bullish year ahead. ⚖️ Ripple (XRP): Riding high on favorable legal outcomes and growing adoption. With its legal hurdles clearing up, XRP is primed for a major surge! 💥 Cardano (ADA): Poised for a powerful comeback! With the Chang Hard Fork promising full decentralization, ADA is set for a potential rebound. 💸 Vote now on my profile for a chance to win 5 USDT! 🗳️ Don’t miss out on these hot picks! #CryptoMarketMoves #BinanceBlockchainWeek #Solana #Ethereum #Ripple #Cardano #Crypto2024
SEI is the native cryptocurrency of the Sei Network, a decentralized protocol for trading and exchanging assets. Here are some key points about SEI:$SEI _Key Features:_ 1. _Decentralized trading protocol_: SEI enables decentralized trading and exchange of assets. 2. _Order book-based trading_: SEI uses an order book model for trading, similar to traditional exchanges. 3. _Decentralized governance_: SEI holders can participate in voting and decision-making processes. 4. _Limited supply_: The total supply of SEI coins is capped at 10,000,000,000 tokens. _Use Cases:_ 1. _Trading fees_: SEI is used to pay fees for trading on the Sei Network. 2. _Governance voting_: SEI is used
Price analysis 8/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB $BecomeCreator #BecomeCreator Bitcoin’s rise above $63,000 has attracted buying in several altcoins, signaling that the sentiment is turning bullish. Bitcoin  BTC $63,838  rose above the overhead resistance near $63,000 and it appears that bulls are now ready to push prices higher. Risk assets received a boost after the Federal Reserve Chair Jerome Powell confirmed during his keynote address in Jackson Hole, Wyoming, that interest rates will start to come down. However, Powell refrained from committing to the timing and the pace of the rate cuts. A technical market update from Kraken, said that Bitcoin must cross and maintain above the $62,000 level to avoid a retest of $49,000.  “The price action suggests a corrective pattern rather than a strong bullish reversal,” the update added. Bitcoin remains stuck inside the large range between $55,720 and $73,777. Generally, the price swings between the support and the resistance levels in the range. Bitcoin is attempting to rise toward the resistance of the range after the bears failed to sustain the price below the $55,724 support. $BTC Could Bitcoin maintain above $60,000, or will bears pull the price lower and trap the aggressive bulls? Let’s analyze the charts of the top 10 cryptocurrencies to find out. Bitcoin price analysis Sellers defended the 50-day simple moving average ($61,440) on Aug. 21, but they could not pull the price below the 20-day exponential moving average ($60,195).  The bulls are trying to maintain the price above the 50-day SMA. If they can pull it off, the BTC/USDT pair could rally to $65,660 and, after that, to the psychological resistance at $70,000. Buyers may face significant hurdles between $70,000 and $73,777. The upside narrative will take a back seat if the price turns down sharply from the 50-day SMA and slides below $60,000. That may accelerate selling and open the doors for a fall to critical support at $55,724. Ether price analysis Ether  ETH $2,747