🔙 Flashback to Brussels, July 2024
@VitalikButerin joins us at Web3 Social Day, diving into @thefireflyapp's mission to bridge Web2 & Web3 seamlessly 🌉
⚡ Fast-forward to now → @thefireflyapp just powered the @EFDevcon Collab Portal with @fileverse, bringing real-time feeds from @farcaster_xyz, @X, and @LensProtocol together in one place 🛰️
✨ Next stop: Web3 Social Day, Bangkok – tomorrow!
The Mask Team & @thefireflyapp are back with more panels, live demos, and tools for the future of social networks.
🚀 Don't miss it – claim your spot on this journey 👉
According to Decrypt, the U.S. Department of Justice seeks to seize approximately $160 million worth of crypto assets related to FTX. After a year-long investigation, the Department of Justice filed a civil forfeiture lawsuit with the court, targeting a Binance account containing SOL, ICP, AVAX, XRP, and ADA, of which SOL accounts for the largest proportion, approximately $85 million.
ArbiVerse Bangkok🇹🇭
An immersive world, packed with games, workshops with giga devs, delicious food, a night market, a Live DJ, and great vibes starting at 2pm ICT
📍The Glass House, Nai Lert Park
Will be livestreamed too
Find the links and agenda below👇
Crypto is making waves in underbanked households, according to the FDIC's latest report. 🏦
- 6.2% of underbanked households are crypto-savvy, compared to 4.8% of fully banked ones.
- Crypto's popularity is higher among the educated, young, and working-age groups, with Asian and white households leading the charge.
- Income matters: 7.3% of those earning $75k+ dabble in crypto, while only 1.1% of those earning under $15k do.
- Surprisingly, only 1.2% of unbanked households use crypto, as most rely on cash or digital payment services.
Crypto's role in bridging financial gaps is growing, but disparities remain.
Crypto usage in 2023 was notably higher among underbanked households, according to a recent FDIC report. The survey found that 6.2% of underbanked households turned to crypto, compared to 4.8% of fully banked households. Underbanked households, which use nonbank financial services like payday loans, made up 14.2% of US households last year.
Interestingly, crypto was more popular among higher-educated, younger, and working-age households, as well as Asian and white demographics. Income also played a role, with 7.3% of households earning $75,000 or more using crypto, versus just 1.1% of those earning under $15,000. Most used crypto as an investment, with only 4.4% using it for online purchases.
The $XLM /USDT pair on the 15-minute chart is currently trading at 0.1284, reflecting an 11.85% increase over the last 24 hours.
The 24-hour high of 0.1415 marks a key resistance level, while support is noted around 0.1226, offering a potential base if the price sees a pullback.
Entering near the current price of 0.1280 could be advantageous for traders aiming to capture further upward momentum.
Close take-profit targets are set at TP1: 0.1300, TP2: 0.1320, and TP3: 0.1340, allowing for incremental gains while minimizing the risk of a volatile retracement.
A stop loss at 0.1250 is recommended to limit downside exposure.
This strategy balances capturing gains with risk management as XLM/USDT navigates its current trend.
#BBCeDeFi #Devcon2024
{spot}(XLMUSDT)
The $XLM /USDT pair on the 15-minute chart is currently trading at 0.1298, with a 24-hour high of 0.1415. This recent gain of 13.26% suggests strong bullish momentum, but the price is testing resistance levels.
Key resistance is marked at 0.1354, which could be a challenging barrier to break. Meanwhile, support sits at 0.1223, providing a safety zone if the price retraces.
For an entry point, traders might consider entering around 0.1295, just below the current price to capture any further upward momentum.
Suggested take-profit targets are closely spaced to lock in gains incrementally: TP1 at 0.1315, TP2 at 0.1335, and TP3 at 0.1350.
To manage risk, a stop loss is recommended at 0.1230, positioned below the key support level to limit downside exposure.
This setup aims to capture gradual gains while minimizing risk as XLM/USDT navigates this bullish phase.
#BBCeDeFi #WillBTCBreak100KSoon
{spot}(XLMUSDT)
The $HIVE /USDT pair on the 15-minute chart is currently trading at 0.3018, reflecting a significant 43.92% increase.
With a 24-hour high of 0.3480, this level now serves as a strong resistance, while support is observed around 0.2515, providing a potential buffer in case of a retracement.
For those looking to enter, positioning near the current price at 0.3015 could offer a balanced approach to capture any further upside momentum.
Take profit targets are set closely to maximize gains while managing volatility: TP1 at 0.3100, TP2 at 0.3200, and TP3 at 0.3300. A stop loss at 0.2800 is recommended, slightly below the support level to manage downside risk.
This setup aims to secure profits incrementally while safeguarding against possible dips in price.
#BBCeDeFi #BTCBreaks89k
{spot}(HIVEUSDT)
🚨 BREAKING XRP NEWS!!! IT’S FINALLY HAPPENING FOR XRP! Could XRP Reach $10,000? 🚨
There's a lot of excitement around $XRP and its potential future value, especially as it continues to gain momentum after recent regulatory clarity. The $10,000 figure for XRP is highly speculative and debated within the community, though some believe XRP’s partnerships, legal clarity, and utility for cross-border payments could position it well for significant gains in the future.
Reasons Behind the Hype:
Regulatory Clarity: XRP’s recent legal wins against the SEC have provided it with a unique advantage compared to other cryptocurrencies still in regulatory limboBenzinga.Adoption and Partnerships: Ripple, the company behind XRP, has established partnerships with financial institutions worldwide, which could increase XRP’s utility and demandBenzinga.Macro Trends: The demand for efficient, cross-border payment solutions continues to grow, and Ripple's network is well-suited for this purpose. If XRP becomes a primary token for global financial systems, some investors speculate it could see massive price appreciation.
While some investors envision a meteoric rise to $10,000, this is likely an optimistic scenario. Crypto markets are notoriously volatile, and while XRP shows potential, realistic expectations and thorough research are crucial for anyone considering investment in XRP.
The $10,000 mark is highly speculative, but with these factors at play, XRP’s future looks promising. As always, do your research and invest wisely!
#XRP #CryptoNews #Ripple #XRP10k #CryptoMarket #Investing
$WLD trading around $2.12, flashes strong buy signals, urging immediate investment. A bullish breakout above the 50-day moving average, combined with an ascending trendline support, fuels upward momentum. The RSI(14) rises, indicating growing buying pressure, while a MACD crossover above the signal line confirms the trend. Volume surges, confirming investor interest, setting the stage for further gains.
{future}(WLDUSDT)
🚨🚨 Historical Data Indicates Potential Post-Election Surge for $XRP 🚨🚨
➤ Potential Gains of 700%-60,000%
Historical patterns show that $XRP has experienced substantial price gains post-U.S. presidential elections, ranging from 700% to an astonishing 60,000%.
➤ Symmetrical Triangle Breakouts
XRP charts have consistently displayed symmetrical triangle formations before each election, followed by notable breakouts.
➤ Election Correlations
Significant upswings in XRP’s price were observed following the 2016 and 2020 elections, supporting this historical trend.
➤ Anticipation for 2024
With another U.S. presidential election on the horizon, XRP holders are closely monitoring the market for signs of another potential breakout.
#Therapydogcoin #BTCNear82k
{spot}(XRPUSDT)
🚨 URGENT! WHAT’S HAPPENING WITH SHIBA INU?! I TOLD YOU THIS COULD HAPPEN! 🚨
Shiba Inu ($SHIB ) has been making waves recently, and the market is buzzing with speculation about what's behind the sudden moves. Here are some of the latest possible reasons:
Market Volatility: SHIB, like many meme coins, is known for high volatility. Fluctuations in trading volume, large transactions, or whale activity can lead to sudden price changes.
Rumored Partnerships and Ecosystem Growth: Shiba Inu’s development team has been expanding its ecosystem, which now includes ShibaSwap (a decentralized exchange) and future projects like SHIB: The Metaverse. Anticipation around these developments often drives price speculation.
Whale Activity: There’s been a lot of recent attention to whale wallets moving large amounts of SHIB. Significant buys or sells by large holders can have a strong impact on price and trading sentiment.
Broader Crypto Trends: The entire crypto market has been subject to macroeconomic conditions, such as Federal Reserve policies and global economic uncertainties. This can have an indirect impact on altcoins like SHIB as well.
Community Hype and Social Media: Shiba Inu has a highly active community on social media platforms, which can quickly amplify news, rumors, or even memes, driving short-term buying frenzies.
If you’re following SHIB closely, keep an eye on recent news about partnerships, whale activity, and crypto market trends in general. Always stay cautious of rapid price changes with meme coins, as they can be both rewarding and risky!
Keep an eye on this rocket, but as always, be cautious with meme coins! 🚀
#ShibaInu #SHIB #CryptoNews #MemeCoins #CryptoMarket #Investing