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🚀 Crypto Markets Skyrocket with a $100B Surge: Bitcoin Hits 21-Month High! 🌐💹 In an electrifying turn of events, the crypto market experiences a staggering $100 billion surge within 24 hours, fueled by Bitcoin's (BTC) remarkable climb to a 21-month high of over $47,000. 📈 ✨ Altcoins like SOL and AVAX join the rally, reclaiming key levels and contributing to the overall market euphoria. 1. BTC Rockets to $47K: A Resilient Rebound! After a brief period of consolidation around $44,000, Bitcoin initiated two powerful jumps, propelling its value above $47,000 for the first time since April 2022. Despite a volatile start to the year and speculations surrounding SEC decisions on ETFs, BTC's resilience shines through, with a current market cap surpassing $900 billion. 2. Altcoins Turn Green: SOL Hits $100, AVAX Soars 12%! Following BTC's lead, altcoins experience a green wave. Solana (SOL) makes a significant comeback, surging 12% to reclaim $100, while Avalanche (AVAX) soars by a similar percentage, trading above $35. Other major altcoins, including Cardano, Polkadot, Polygon, Bitcoin Cash, ATOM, and ICP, showcase impressive gains. 💹 Market Snapshot: Ethereum approaches $2,300 with a 3% daily increase, while BNB surpasses $300 after a 2% jump. 📈 Market Cap Hits $1.720 Trillion: A New Milestone Unveiled! The collective market cap of all crypto assets skyrockets to an impressive $1.720 trillion on CoinMarketCap, marking a significant milestone in the ongoing crypto resurgence. 🔍 Stay Informed, Stay Ahead: Get Your Daily Crypto Recap! 🌐 For more insights and real-time updates, follow The Defidraft! #trendingtoday #trending2024 #CryptoPredictions2024 #cryptocurrency #crypto2024
🚀 Crypto Markets Skyrocket with a $100B Surge: Bitcoin Hits 21-Month High! 🌐💹

In an electrifying turn of events, the crypto market experiences a staggering $100 billion surge within 24 hours, fueled by Bitcoin's (BTC) remarkable climb to a 21-month high of over $47,000. 📈

✨ Altcoins like SOL and AVAX join the rally, reclaiming key levels and contributing to the overall market euphoria.

1. BTC Rockets to $47K: A Resilient Rebound!

After a brief period of consolidation around $44,000, Bitcoin initiated two powerful jumps, propelling its value above $47,000 for the first time since April 2022. Despite a volatile start to the year and speculations surrounding SEC decisions on ETFs, BTC's resilience shines through, with a current market cap surpassing $900 billion.

2. Altcoins Turn Green: SOL Hits $100, AVAX Soars 12%!

Following BTC's lead, altcoins experience a green wave. Solana (SOL) makes a significant comeback, surging 12% to reclaim $100, while Avalanche (AVAX) soars by a similar percentage, trading above $35. Other major altcoins, including Cardano, Polkadot, Polygon, Bitcoin Cash, ATOM, and ICP, showcase impressive gains.

💹 Market Snapshot: Ethereum approaches $2,300 with a 3% daily increase, while BNB surpasses $300 after a 2% jump.

📈 Market Cap Hits $1.720 Trillion: A New Milestone Unveiled!

The collective market cap of all crypto assets skyrockets to an impressive $1.720 trillion on CoinMarketCap, marking a significant milestone in the ongoing crypto resurgence.

🔍 Stay Informed, Stay Ahead: Get Your Daily Crypto Recap!

🌐 For more insights and real-time updates, follow The Defidraft!

#trendingtoday #trending2024 #CryptoPredictions2024 #cryptocurrency #crypto2024
Coinpedia
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Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 ...
The post Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 Hours appeared first on Coinpedia Fintech News

The U.S. Securities and Exchange Commission (SEC) faced a major cybersecurity incident yesterday, causing disarray in the highly anticipated decision on Bitcoin exchange-traded funds (ETFs). A fake post claiming approval for the products, originating from a compromised SEC account on X, sent the cryptocurrency’s price soaring briefly before authorities launched an investigation.

How it Impacted the Crypto Market

The fake tweet caused an immediate surge in the Bitcoin price, which almost reached $48,000 at the time. Then, at 4:26 p.m., Gary Gensler, chair of the SEC, posted that the agency’s account had been hacked, resulting in an unauthorized fake tweet. At this point, the price of bitcoin was triggered to suddenly drop to $46,800 and fall to $45,881.

900 Million Liquidation Due to Fake News

The cryptocurrency market experienced a substantial drop in value after a fake approval post for spot exchange-traded funds (ETFs). Bitcoin’s market capitalization plummeted by approximately $50 billion within the last 24 hours, according to Coinglass data. The top cryptocurrency’s price dropped to $890 billion before recovering to around $900 billion at press time. 

Security Measures

The incident has raised questions about the SEC’s security measures to protect its social accounts. Some market participants have criticized the regulator’s seemingly lax approach to protecting its social accounts and raised concerns about how the SEC can safeguard trillion-dollar markets if it cannot protect its social accounts. 
📉 Solana Dips Below $90 While Investors Flock to Galaxy Fox Presale! 🚀💸 In a recent twist of events, Solana (SOL) faced an 11% dip, tumbling to $85 before making a recovery toward $100. As top altcoins feel the pressure, investors are exploring alternatives, and Galaxy Fox (GFOX) is stealing the spotlight with its presale, amassing an impressive $2.5 million. 🚀 Galaxy Fox Presale Highlights: A Multifaceted Ecosystem! The Galaxy Fox presale has not only caught investors' attention but also raised substantial capital. The project boasts a diverse ecosystem, featuring a web3 game, NFTs, a marketplace, a staking platform, merchandise, and a unique token burn feature. 🎮 Web3 Game & Play-to-Earn Mechanism: Unleash Your Gaming Potential! The web-3 runner game introduces the play-to-earn (P2E) gaming mechanism. To earn rewards, players must secure a spot among the top 20% on the leaderboard. In-game currencies can be exchanged for GFOX tokens, adding an exciting layer to the gaming experience. 🔥 Boost Your Success with NFTs and Attribute Boosters! Enhance your gaming journey by acquiring NFTs and attribute boosters from the GFOX marketplace. These items provide advantages, including temporary speed, agility, and strength improvements. 💰 Staking and Deflationary Model: Maximizing Long-Term Value! Holding and staking GFOX offer rewards via the Stargate module.GFOX follows a deflationary model, potentially supporting prices in the long term. 🌐 Solana's Road to Recovery: Analysts Eye Bullish Momentum! After its recent dip below $90, Solana has rebounded by 11% within 24 hours, approaching the $100 mark as selling pressure subsides. Analyst Ali Martinez predicts a potential rally to $160 in the coming weeks if bullish momentum persists. 🚀 Don't Miss Out: Explore Galaxy Fox and Stay Informed with The Blockopedia! 💡🌐 #SolanaSurges #SolanaPriceSurge #trendingtoday #cryptocurrency #crypto2024
📉 Solana Dips Below $90 While Investors Flock to Galaxy Fox Presale! 🚀💸

In a recent twist of events, Solana (SOL) faced an 11% dip, tumbling to $85 before making a recovery toward $100. As top altcoins feel the pressure, investors are exploring alternatives, and Galaxy Fox (GFOX) is stealing the spotlight with its presale, amassing an impressive $2.5 million.

🚀 Galaxy Fox Presale Highlights: A Multifaceted Ecosystem!

The Galaxy Fox presale has not only caught investors' attention but also raised substantial capital. The project boasts a diverse ecosystem, featuring a web3 game, NFTs, a marketplace, a staking platform, merchandise, and a unique token burn feature.

🎮 Web3 Game & Play-to-Earn Mechanism: Unleash Your Gaming Potential!

The web-3 runner game introduces the play-to-earn (P2E) gaming mechanism.

To earn rewards, players must secure a spot among the top 20% on the leaderboard.

In-game currencies can be exchanged for GFOX tokens, adding an exciting layer to the gaming experience.

🔥 Boost Your Success with NFTs and Attribute Boosters!

Enhance your gaming journey by acquiring NFTs and attribute boosters from the GFOX marketplace.

These items provide advantages, including temporary speed, agility, and strength improvements.

💰 Staking and Deflationary Model: Maximizing Long-Term Value!
Holding and staking GFOX offer rewards via the Stargate module.GFOX follows a deflationary model, potentially supporting prices in the long term.

🌐 Solana's Road to Recovery: Analysts Eye Bullish Momentum!

After its recent dip below $90, Solana has rebounded by 11% within 24 hours, approaching the $100 mark as selling pressure subsides. Analyst Ali Martinez predicts a potential rally to $160 in the coming weeks if bullish momentum persists.

🚀 Don't Miss Out: Explore Galaxy Fox and Stay Informed with The Blockopedia! 💡🌐

#SolanaSurges #SolanaPriceSurge #trendingtoday #cryptocurrency #crypto2024
🚀Will Bitcoin Hit $50,000 Today? Traders Await ETF Decisions as Bitcoin Minetrix Hits Key Presale Milestone📈💼 The crypto community is holding its breath as the deadline for the US SEC's decision on the first spot Bitcoin exchange-traded fund (ETF) approaches today, January 10th. 🗓️ The entire market awaits this pivotal moment that could shape the future of Bitcoin. Here's a quick update on the latest developments: 1. SEC Deadline Drama: Fake News and Market Volatility! Yesterday, the SEC's website was compromised, leading to a false announcement of spot Bitcoin ETF approvals. 🚨 SEC Chair Gary Gensler confirmed the unauthorized tweet, emphasizing that no filings had been approved. The incident, causing a temporary spike in Bitcoin to $47,900 and liquidating nearly $90 million in positions, underscores the vulnerability of the crypto market to manipulation. 2. Bitcoin's Price Rollercoaster: Will $50,000 Be Achieved Today? Despite the confusion, Bitcoin is currently trading around $45,560, showing resilience after the erroneous reports. A bullish breakout above the $45,000 resistance indicates buyer strength, with the potential to push towards the psychological $50,000 mark if the SEC greenlights spot ETF products. 📊🚀 🔍 Technical Insight: RSI and Potential Price Movements Bitcoin's daily Relative Strength Index (RSI) is at 74, signaling potential overbought conditions. However, in strong uptrends, prices can remain overbought for extended periods, suggesting the bullish momentum may persist. 🔮 What's Next for Bitcoin? Stay Tuned! As we approach the crucial SEC decision, the crypto market remains on high alert. Will Bitcoin hit $50,000 today? The answer lies in the hands of regulators. Stay tuned for real-time updates and insights into this market-defining moment! 🌐 For continuous coverage and expert analysis, follow The Defidraft! 🚀💡 #BitcoinETF💰💰💰 #BitcoinPrice2024 #trendingtoday #cryptocurrency #crypto2024
🚀Will Bitcoin Hit $50,000 Today? Traders Await ETF Decisions as Bitcoin Minetrix Hits Key Presale Milestone📈💼

The crypto community is holding its breath as the deadline for the US SEC's decision on the first spot Bitcoin exchange-traded fund (ETF) approaches today, January 10th. 🗓️ The entire market awaits this pivotal moment that could shape the future of Bitcoin. Here's a quick update on the latest developments:

1. SEC Deadline Drama: Fake News and Market Volatility!

Yesterday, the SEC's website was compromised, leading to a false announcement of spot Bitcoin ETF approvals. 🚨 SEC Chair Gary Gensler confirmed the unauthorized tweet, emphasizing that no filings had been approved. The incident, causing a temporary spike in Bitcoin to $47,900 and liquidating nearly $90 million in positions, underscores the vulnerability of the crypto market to manipulation.

2. Bitcoin's Price Rollercoaster: Will $50,000 Be Achieved Today?

Despite the confusion, Bitcoin is currently trading around $45,560, showing resilience after the erroneous reports. A bullish breakout above the $45,000 resistance indicates buyer strength, with the potential to push towards the psychological $50,000 mark if the SEC greenlights spot ETF products. 📊🚀

🔍 Technical Insight: RSI and Potential Price Movements

Bitcoin's daily Relative Strength Index (RSI) is at 74, signaling potential overbought conditions. However, in strong uptrends, prices can remain overbought for extended periods, suggesting the bullish momentum may persist.

🔮 What's Next for Bitcoin? Stay Tuned!

As we approach the crucial SEC decision, the crypto market remains on high alert. Will Bitcoin hit $50,000 today? The answer lies in the hands of regulators. Stay tuned for real-time updates and insights into this market-defining moment!

🌐 For continuous coverage and expert analysis, follow The Defidraft! 🚀💡

#BitcoinETF💰💰💰 #BitcoinPrice2024 #trendingtoday #cryptocurrency #crypto2024
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Bikovsko
🎯 One strategy i follow that prevents me from losing money on 90% of trades. Example: I first bought $ANALOS At red circle area. It dumped hard on me but i didn't panic sell. I waited for new support & reversal point and added double the amount at the first green circle. Then i added again at the second green circle as i saw a breakout coming. Currently am in profit on this trade and will ride it for multiples. Before you panic sell you should always look at the chart, because you might be selling the exact bottom & reversal point. Sometimes it's better to add more than to sell. Hope this helps many of you. #BTC #etf #sui #tia #trendingtoday
🎯 One strategy i follow that prevents me from losing money on 90% of trades.

Example:

I first bought $ANALOS At red circle area. It dumped hard on me but i didn't panic sell. I waited for new support & reversal point and added double the amount at the first green circle. Then i added again at the second green circle as i saw a breakout coming.

Currently am in profit on this trade and will ride it for multiples. Before you panic sell you should always look at the chart, because you might be selling the exact bottom & reversal point. Sometimes it's better to add more than to sell.

Hope this helps many of you.

#BTC #etf #sui #tia #trendingtoday
$MANTA It's time to talk about $MANTA Token I am sure this token have a great future. Now we see that allmost all buyers are buy and sell $MANTA token. In future it will be a famous crypto currency. You should have at least 10 manta token in your asset. After 2 or 3 month it will pump. I think it will go $30usdt+ #trendingtoday #TradeNTell
$MANTA It's time to talk about $MANTA Token

I am sure this token have a great future.
Now we see that allmost all buyers are buy and sell $MANTA token. In future it will be a famous crypto currency. You should have at least 10 manta token in your asset. After 2 or 3 month it will pump. I think it will go $30usdt+

#trendingtoday
#TradeNTell
🚨South Korea Restricts Bitcoin ETF Brokerage in Local Markets: Report🚫 🌐 In response to the historic approval of the Spot Bitcoin ETF by the US Securities and Exchange Commission (SEC), South Korea delivers a resolute message: no domestic brokerage of US-listed Bitcoin ETFs will be allowed in local markets. 🛑 💼 Here's the latest update on South Korea's crypto regulatory stance: 1. 🚫 Ban on Brokering US Spot ETFs: Official Warning from South Korea South Korea's Financial Services Commission (FSC) issued an official statement on January 12, affirming that any domestic brokerage of US-listed Bitcoin ETFs would breach the country's existing rules on virtual assets. The FSC emphasized, "For domestic securities firms, any brokering of overseas-listed Bitcoin spot Exchange Traded Funds may violate the existing government stance on virtual assets and the Capital Markets Act." 2. 🌍 South Korea Maintains Crypto ETF Ban Despite SEC Approval Despite the groundbreaking decision by the US SEC to approve the Spot Bitcoin ETF launch, South Korea stands unwavering in its commitment to restricting ETFs and maintaining a cautious approach to crypto assets. The country remains concerned about potential risks and threats associated with digital assets, reinforcing its ban on crypto investments since 2017. 3. 🛡️ Two-Part Crypto Regulation Underway in South Korea Aligned with its careful regulatory approach, South Korea is actively working on a two-part crypto regulation. The first part, issued last year, focuses on specific aspects of crypto regulation, while the upcoming second part aims to establish comprehensive rules governing the issuance, listing, and delisting of virtual assets. 👉 South Korea's Crypto Regulatory Landscape: A Balance between Caution and Progress 🌐 Stay Informed, Stay Compliant! Follow The Defidraft for Crypto Regulatory Updates! #SouthKoreaCrypto #ETFApproved #trendingtoday #Cryptocurrency #crypto2024
🚨South Korea Restricts Bitcoin ETF Brokerage in Local Markets: Report🚫

🌐 In response to the historic approval of the Spot Bitcoin ETF by the US Securities and Exchange Commission (SEC), South Korea delivers a resolute message: no domestic brokerage of US-listed Bitcoin ETFs will be allowed in local markets. 🛑

💼 Here's the latest update on South Korea's crypto regulatory stance:

1. 🚫 Ban on Brokering US Spot ETFs: Official Warning from South Korea

South Korea's Financial Services Commission (FSC) issued an official statement on January 12, affirming that any domestic brokerage of US-listed Bitcoin ETFs would breach the country's existing rules on virtual assets. The FSC emphasized, "For domestic securities firms, any brokering of overseas-listed Bitcoin spot Exchange Traded Funds may violate the existing government stance on virtual assets and the Capital Markets Act."

2. 🌍 South Korea Maintains Crypto ETF Ban Despite SEC Approval

Despite the groundbreaking decision by the US SEC to approve the Spot Bitcoin ETF launch, South Korea stands unwavering in its commitment to restricting ETFs and maintaining a cautious approach to crypto assets. The country remains concerned about potential risks and threats associated with digital assets, reinforcing its ban on crypto investments since 2017.

3. 🛡️ Two-Part Crypto Regulation Underway in South Korea

Aligned with its careful regulatory approach, South Korea is actively working on a two-part crypto regulation. The first part, issued last year, focuses on specific aspects of crypto regulation, while the upcoming second part aims to establish comprehensive rules governing the issuance, listing, and delisting of virtual assets.

👉 South Korea's Crypto Regulatory Landscape: A Balance between Caution and Progress

🌐 Stay Informed, Stay Compliant! Follow The Defidraft for Crypto Regulatory Updates!

#SouthKoreaCrypto #ETFApproved #trendingtoday #Cryptocurrency #crypto2024
🔥 Title: Understanding Recent Changes in Bitcoin Prices ➡️Introduction: Bitcoin (BTC) has recently experienced a price shift, with its current value at $41,094, marking a 4.60% decrease from Thursday. This movement signifies the conclusion of a $2,000 trading range. Let's explore the factors contributing to this shift. ➡️Volatility Insights: GeeksLive's Adam observed a notable drop in Bitcoin's volatility, reaching a new low in the past month. Volatility measures the extent of price fluctuations, and this decrease suggests a period of relative stability. ➡️Realized Volatility (RZ) Declines: Realized Volatility (RZ), a metric reflecting actual price movements, has seen a significant decline. This decrease adds to the overall narrative of reduced market turbulence. ➡️Short-term Implied Volatility (IV) Plummet: In addition to RZ, the short-term Implied Volatility (IV), which anticipates future price swings, has plunged below -45%. This indicates a market perception that foresees less uncertainty in the short term. ➡️Key Takeaways: 1. Price Correction: Bitcoin's recent dip to $41,094 signals a correction from previous levels. 2.Stability Emerging: The decline in both Realized and Implied Volatility suggests a potential period of increased market stability. 3.Market Sentiment: Traders and investors may interpret these volatility metrics to gauge market sentiment and make informed decisions. ✅ In summary, Bitcoin's recent price movement and volatility metrics indicate shifts in market dynamics. Understanding these changes can assist investors and enthusiasts in navigating the cryptocurrency landscape more effectively. $BTC #BTC #trendingtoday #BTCSignals
🔥 Title: Understanding Recent Changes in Bitcoin Prices

➡️Introduction:
Bitcoin (BTC) has recently experienced a price shift, with its current value at $41,094, marking a 4.60% decrease from Thursday. This movement signifies the conclusion of a $2,000 trading range. Let's explore the factors contributing to this shift.

➡️Volatility Insights:
GeeksLive's Adam observed a notable drop in Bitcoin's volatility, reaching a new low in the past month. Volatility measures the extent of price fluctuations, and this decrease suggests a period of relative stability.

➡️Realized Volatility (RZ) Declines:
Realized Volatility (RZ), a metric reflecting actual price movements, has seen a significant decline. This decrease adds to the overall narrative of reduced market turbulence.

➡️Short-term Implied Volatility (IV) Plummet:
In addition to RZ, the short-term Implied Volatility (IV), which anticipates future price swings, has plunged below -45%. This indicates a market perception that foresees less uncertainty in the short term.

➡️Key Takeaways:
1. Price Correction:
Bitcoin's recent dip to $41,094 signals a correction from previous levels.

2.Stability Emerging:
The decline in both Realized and Implied Volatility suggests a potential period of increased market stability.

3.Market Sentiment:
Traders and investors may interpret these volatility metrics to gauge market sentiment and make informed decisions.

✅ In summary, Bitcoin's recent price movement and volatility metrics indicate shifts in market dynamics. Understanding these changes can assist investors and enthusiasts in navigating the cryptocurrency landscape more effectively.

$BTC #BTC #trendingtoday #BTCSignals
Decoding Solana's Charts: Will the King of Altcoins Reclaim its Throne?Deep Dive into Solana Charts: Bullish or Bearish?Here's a detailed analysis of the Solana charts you provided, considering various indicators and future outlook:Timeframes:15-minute1-hour4-hour1-day1-weekIndicators:Relative Strength Index (RSI)Moving Average Convergence Divergence (MACD)Bollinger BandsVolumeFibonacci Retracement LevelsSupport and Resistance LevelsDescending Triangle Pattern (1-week chart)Overall Sentiment:Mixed, with short-term bearish leaning and long-term potential for bullishness.Detailed Analysis:15-Minute:Mixed signals: RSI trending up, MACD bearish but converging, Bollinger Bands narrow (possible breakout soon), low volume.Short-term outlook: Uncertain, watch for breakout direction.1-Hour:Bullish bias: RSI above 50 and trending up, MACD bullish with diverging lines, moderate volume.Short-term outlook: Potential upside, but monitor RSI and MACD for signs of reversal.4-Hour:Mixed with bearish lean: RSI below 50 and trending down, MACD bearish and converging, Bollinger Bands widening (volatility), low volume.Short-term outlook: Downside possible, but watch for bounce near 61.8% Fibonacci retracement level ($91.64).1-Day:Bullish: Price uptick throughout the day, RSI above 50 and trending up, MACD bullish with positive histogram, increasing volume.Short-term outlook: Potential further upside, but monitor RSI and MACD for overbought signals or trend reversal.1-Week:Bearish with caution: Price decline throughout the week, RSI oversold (34.58), MACD bearish with converging lines, high volume.Short-term outlook: Downside possible, but oversold RSI and support levels near $79.00 could lead to a bounce. Descending triangle pattern adds downward pressure.Future Outlook:Next week:Mixed, leaning slightly bearish. Short-term bearish momentum and descending triangle pattern suggest potential for further decline. However, oversold RSI and support levels could spark a bounce. Watch for key indicator signals and market sentiment.Long-term:Potential for bullishness. While current short-term outlook is uncertain, Solana's strong fundamentals, growing ecosystem, and development roadmap paint a promising picture for long-term potential.Additional Considerations:Broader market sentiment: A strong cryptocurrency market could favor Solana.News and developments: Relevant Solana news can significantly impact price.Technical analysis limitations: Remember, this analysis is not a guarantee of future performance.Conclusion:Solana's short-term outlook is mixed with a slight bearish lean due to recent price decline and technical indicators. However, oversold conditions and potential support levels could lead to a bounce. Long-term potential remains promising due to fundamentals and ecosystem growth. Stay informed about market sentiment, news, and technical indicators to make informed decisions.$SOL #Sol #solana #ANALYSIS #trendingtoday #Trends2024

Decoding Solana's Charts: Will the King of Altcoins Reclaim its Throne?

Deep Dive into Solana Charts: Bullish or Bearish?Here's a detailed analysis of the Solana charts you provided, considering various indicators and future outlook:Timeframes:15-minute1-hour4-hour1-day1-weekIndicators:Relative Strength Index (RSI)Moving Average Convergence Divergence (MACD)Bollinger BandsVolumeFibonacci Retracement LevelsSupport and Resistance LevelsDescending Triangle Pattern (1-week chart)Overall Sentiment:Mixed, with short-term bearish leaning and long-term potential for bullishness.Detailed Analysis:15-Minute:Mixed signals: RSI trending up, MACD bearish but converging, Bollinger Bands narrow (possible breakout soon), low volume.Short-term outlook: Uncertain, watch for breakout direction.1-Hour:Bullish bias: RSI above 50 and trending up, MACD bullish with diverging lines, moderate volume.Short-term outlook: Potential upside, but monitor RSI and MACD for signs of reversal.4-Hour:Mixed with bearish lean: RSI below 50 and trending down, MACD bearish and converging, Bollinger Bands widening (volatility), low volume.Short-term outlook: Downside possible, but watch for bounce near 61.8% Fibonacci retracement level ($91.64).1-Day:Bullish: Price uptick throughout the day, RSI above 50 and trending up, MACD bullish with positive histogram, increasing volume.Short-term outlook: Potential further upside, but monitor RSI and MACD for overbought signals or trend reversal.1-Week:Bearish with caution: Price decline throughout the week, RSI oversold (34.58), MACD bearish with converging lines, high volume.Short-term outlook: Downside possible, but oversold RSI and support levels near $79.00 could lead to a bounce. Descending triangle pattern adds downward pressure.Future Outlook:Next week:Mixed, leaning slightly bearish. Short-term bearish momentum and descending triangle pattern suggest potential for further decline. However, oversold RSI and support levels could spark a bounce. Watch for key indicator signals and market sentiment.Long-term:Potential for bullishness. While current short-term outlook is uncertain, Solana's strong fundamentals, growing ecosystem, and development roadmap paint a promising picture for long-term potential.Additional Considerations:Broader market sentiment: A strong cryptocurrency market could favor Solana.News and developments: Relevant Solana news can significantly impact price.Technical analysis limitations: Remember, this analysis is not a guarantee of future performance.Conclusion:Solana's short-term outlook is mixed with a slight bearish lean due to recent price decline and technical indicators. However, oversold conditions and potential support levels could lead to a bounce. Long-term potential remains promising due to fundamentals and ecosystem growth. Stay informed about market sentiment, news, and technical indicators to make informed decisions.$SOL #Sol #solana #ANALYSIS #trendingtoday #Trends2024
🔍 Wondering where to focus next? Your input matters! 🚀 - Technical analysis: Explore the intricate world of technical analysis. - Airdrops: Dive into the excitement of upcoming airdrops. - Request of personal choice: Break down market levels on any requested coin. Let me know your preference, and let's navigate this crypto journey together! 🌐 #BTC #trendingtoday
🔍 Wondering where to focus next? Your input matters! 🚀

- Technical analysis: Explore the intricate world of technical analysis.
- Airdrops: Dive into the excitement of upcoming airdrops.
- Request of personal choice: Break down market levels on any requested coin.

Let me know your preference, and let's navigate this crypto journey together! 🌐 #BTC #trendingtoday
💖 Valentine's Day Crypto Picks 💖 As we approach the day of love, the cryptocurrency market is generating its own excitement alongside romantic sentiments. This Valentine's Day, cryptocurrency enthusiasts and investors are eyeing three digital assets poised for potential growth and thrills amidst the traditional exchange of gifts. [Claim PEPE Coin Here](https://www.binance.com/en/my/wallet/account/payment/binancepay/cryptoboxshare?registerChannel=276746166227738624&code=BPGHBFFRVM&_dp=L3dlYnZpZXcvd2Vidmlldz90eXBlPWRlZmF1bHQmbmVlZExvZ2luPWZhbHNlJnVybD1hSFIwY0hNNkx5OTNkM2N1WW1sdVlXNWpaUzVqYjIwdmJYa3ZkMkZzYkdWMEwyRmpZMjkxYm5RdmNHRjViV1Z1ZEM5aWFXNWhibU5sY0dGNUwyTnllWEIwYjJKdmVITm9ZWEpsUDNKbFoybHpkR1Z5UTJoaGJtNWxiRDB5TnpZM05EWXhOall5TWpjM016ZzJNalFtWTI5a1pUMUNVRWRJUWtaR1VsWk4=) 1️⃣ Ethereum (ETH) #Ethereum continues to shine in the crypto realm, boasting a price of $2,473.00 and a market capitalization of $296 billion. Renowned for its role as a decentralized applications (DApps) and smart contracts platform, Ethereum stands out as a highly sought-after cryptocurrency. 2️⃣ Solana (SOL) #Solana emerges as a formidable player in the blockchain arena, priced at $105.49 with a market capitalization of $46 billion. Recognized for its rapid transaction speed and scalability, Solana provides an efficient platform for DApps and DeFi projects. 3️⃣ Kaspa (KAS) #KASPA is carving its niche with a current price of $0.1293 and a market capitalization of $2.9 billion. Operating as a proof-of-work (PoW) cryptocurrency, Kaspa introduces the GHOSTDAG protocol, enhancing block coexistence and order by consensus. This unique approach aims for exceptionally high blocking rates and minimal confirmation times, setting Kaspa apart in scalability and speed. Have you decided on the perfect crypto gift yet? 💝 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Write2Earn #trending #trendingtoday
💖 Valentine's Day Crypto Picks 💖

As we approach the day of love, the cryptocurrency market is generating its own excitement alongside romantic sentiments. This Valentine's Day, cryptocurrency enthusiasts and investors are eyeing three digital assets poised for potential growth and thrills amidst the traditional exchange of gifts.

Claim PEPE Coin Here

1️⃣ Ethereum (ETH)

#Ethereum continues to shine in the crypto realm, boasting a price of $2,473.00 and a market capitalization of $296 billion. Renowned for its role as a decentralized applications (DApps) and smart contracts platform, Ethereum stands out as a highly sought-after cryptocurrency.

2️⃣ Solana (SOL)

#Solana emerges as a formidable player in the blockchain arena, priced at $105.49 with a market capitalization of $46 billion. Recognized for its rapid transaction speed and scalability, Solana provides an efficient platform for DApps and DeFi projects.

3️⃣ Kaspa (KAS)

#KASPA is carving its niche with a current price of $0.1293 and a market capitalization of $2.9 billion. Operating as a proof-of-work (PoW) cryptocurrency, Kaspa introduces the GHOSTDAG protocol, enhancing block coexistence and order by consensus. This unique approach aims for exceptionally high blocking rates and minimal confirmation times, setting Kaspa apart in scalability and speed.

Have you decided on the perfect crypto gift yet? 💝

🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
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Alt Enthusiasts 📈 🧐 📉 Today, AltLayer gathered a lot of attention from our community. It is currently priced at $0.30 and currently rising and falling. To those who stake and receive Alt tokens, it's time to take profit but wait. Is it really the time to sell AltLayer or we should hold it first and wait for a huge upward momentum. Do you think it will become the next Manta or Matic? Do your own research and think again of your marketing strategy. Does it have the same potential of Manta or not. Think and trade smartly. And we will earn a huge profit. #TradeNTell #Write2Earn #trendingtoday #ALT $ALT
Alt Enthusiasts 📈 🧐 📉

Today, AltLayer gathered a lot of attention from our community. It is currently priced at $0.30 and currently rising and falling.

To those who stake and receive Alt tokens, it's time to take profit but wait. Is it really the time to sell AltLayer or we should hold it first and wait for a huge upward momentum.

Do you think it will become the next Manta or Matic? Do your own research and think again of your marketing strategy. Does it have the same potential of Manta or not.

Think and trade smartly. And we will earn a huge profit.

#TradeNTell #Write2Earn
#trendingtoday #ALT $ALT
Polkadot’s Manta Network raises $28.8M during Squad Game token eventManta Network, Polkadot’s (DOT/USD) DeFi privacy stack, sold 80 million $MANTA utility tokens during its Squad Game token generation event hosted by Tokensoft, Invezz learned from a press release.They were worth $28.8 million and grant holders on-chain community-governance rights in addition to rewards for MantaPay and MantaSwap usage fees. The tokens are deflationary and burned through network usage.Wide support from Manta communityThe token sale was welcomed by the community and accounted for 8% of the 1 billion fixed supply of $MANTA tokens. This will facilitate progress towards the next development stage as Polkadot parachain auctions start.The positive outcome of the token generation event marks yet another milestone for the protocol. It closed a $5.5 million funding round led by CoinFund and ParaFi Capital and a $1.1 million round led by Polychain Capital last year.Privacy protocols designed to add a layer of anonymityManta Network has developed several different platforms and protocols to improve the security and privacy of the DeFi ecosystem. The ultimate goal is to make on-chain privacy a utility through scalability and interoperability. Its DeFi-oriented privacy protocols are aimed at adding a layer of anonymity to DeFi transactions by concealing user addresses.This is done by applying zero-knowledge proofs known as Groth16 and zk-SNARKS proofs. This can help hide portfolio management activities for users transacting in large amounts.Protocols cover multiple areas of DeFi ecosystemManta Network represents one of the pioneering platforms seeking to deliver these attributes in a layer-1 format solution with privacy becoming an increasingly important aspect of blockchain activity. The platform’s protocols cover multiple areas of the DeFi ecosystem, including Mantapay, a payment protocol with embedded privacy, and MantaSwap, an automated market maker decentralized exchange (DEX).Platform scrapped IDO for Calamari networkBy scrapping an IDO for its Calamari canary network, the platform has demonstrated its highly democratic nature. Now, the upcoming Polkadot parachain auctions represent the next stage of development for Manta Network.Users have currently pledged $130 million to its crowdloan initiative as these auctions begin. Holders of the DOT token can make their contribution with $MANTA rewards.#MANTA #trendingtoday #Launchpool #tia $SOL $BNB $ETH

Polkadot’s Manta Network raises $28.8M during Squad Game token event

Manta Network, Polkadot’s (DOT/USD) DeFi privacy stack, sold 80 million $MANTA utility tokens during its Squad Game token generation event hosted by Tokensoft, Invezz learned from a press release.They were worth $28.8 million and grant holders on-chain community-governance rights in addition to rewards for MantaPay and MantaSwap usage fees. The tokens are deflationary and burned through network usage.Wide support from Manta communityThe token sale was welcomed by the community and accounted for 8% of the 1 billion fixed supply of $MANTA tokens. This will facilitate progress towards the next development stage as Polkadot parachain auctions start.The positive outcome of the token generation event marks yet another milestone for the protocol. It closed a $5.5 million funding round led by CoinFund and ParaFi Capital and a $1.1 million round led by Polychain Capital last year.Privacy protocols designed to add a layer of anonymityManta Network has developed several different platforms and protocols to improve the security and privacy of the DeFi ecosystem. The ultimate goal is to make on-chain privacy a utility through scalability and interoperability. Its DeFi-oriented privacy protocols are aimed at adding a layer of anonymity to DeFi transactions by concealing user addresses.This is done by applying zero-knowledge proofs known as Groth16 and zk-SNARKS proofs. This can help hide portfolio management activities for users transacting in large amounts.Protocols cover multiple areas of DeFi ecosystemManta Network represents one of the pioneering platforms seeking to deliver these attributes in a layer-1 format solution with privacy becoming an increasingly important aspect of blockchain activity. The platform’s protocols cover multiple areas of the DeFi ecosystem, including Mantapay, a payment protocol with embedded privacy, and MantaSwap, an automated market maker decentralized exchange (DEX).Platform scrapped IDO for Calamari networkBy scrapping an IDO for its Calamari canary network, the platform has demonstrated its highly democratic nature. Now, the upcoming Polkadot parachain auctions represent the next stage of development for Manta Network.Users have currently pledged $130 million to its crowdloan initiative as these auctions begin. Holders of the DOT token can make their contribution with $MANTA rewards.#MANTA #trendingtoday #Launchpool #tia $SOL $BNB $ETH
🚀 Gold’s 350% Surge After ETF Approval: Is Bitcoin Next in Line for $150,000 Boom?📈🌐 Exciting times ahead for crypto enthusiasts as Bitcoin ETFs secure regulatory approval from the SEC! 🎉 Similar to the transformative impact gold ETFs had on precious metals, Bitcoin ETFs are poised to revolutionize cryptocurrency investing, potentially propelling BTC to new heights. Let's delve into the parallels and possibilities. 1. Gold's ETF Success Story: A Glimpse into Bitcoin's Future? Two decades ago, gold ETFs reshaped the precious metals market, introducing a new era of accessibility and simplicity for investors. The approval of gold ETFs triggered a remarkable surge, with gold prices soaring more than fourfold in just seven years. Fast forward to today, over $100 billion is invested in gold ETFs in the United States alone. 2. Bitcoin's Potential Double-Up: Eyes on $100,000! Drawing parallels between gold's historical surge and the potential impact of Bitcoin ETFs, financial experts, including Standard Chartered, foresee a doubling of Bitcoin's price to reach $100,000. The swift development of the BTC ETF market suggests that these gains could unfold over a shorter period. 🔍 Analogy Insight: Bitcoin ETFs and Gold ETFs Both democratize investing, making assets accessible to a broader audience. Gold's historical surge post-ETF approval mirrors potential BTC price dynamics. Swift development in the BTC ETF market hints at accelerated gains. 📈 Are You Ready for the Bitcoin Boom? Invest Wisely! 💡💰 As Bitcoin stands at the brink of a potential surge, savvy investors are eyeing the opportunities. With the approval of Bitcoin ETFs, institutional and retail investment is expected to flood into the crypto space. Brace yourselves for a transformative journey in the world of digital assets! 🌐 Stay ahead in the crypto game. Follow The Blockopedia for the latest market insights! #ETFsApproval #BitcoinETFapproved #trendingtoday #cryptocurrency #crypto2024
🚀 Gold’s 350% Surge After ETF Approval: Is Bitcoin Next in Line for $150,000 Boom?📈🌐

Exciting times ahead for crypto enthusiasts as Bitcoin ETFs secure regulatory approval from the SEC! 🎉 Similar to the transformative impact gold ETFs had on precious metals, Bitcoin ETFs are poised to revolutionize cryptocurrency investing, potentially propelling BTC to new heights. Let's delve into the parallels and possibilities.

1. Gold's ETF Success Story: A Glimpse into Bitcoin's Future?

Two decades ago, gold ETFs reshaped the precious metals market, introducing a new era of accessibility and simplicity for investors. The approval of gold ETFs triggered a remarkable surge, with gold prices soaring more than fourfold in just seven years. Fast forward to today, over $100 billion is invested in gold ETFs in the United States alone.

2. Bitcoin's Potential Double-Up: Eyes on $100,000!

Drawing parallels between gold's historical surge and the potential impact of Bitcoin ETFs, financial experts, including Standard Chartered, foresee a doubling of Bitcoin's price to reach $100,000. The swift development of the BTC ETF market suggests that these gains could unfold over a shorter period.

🔍 Analogy Insight: Bitcoin ETFs and Gold ETFs

Both democratize investing, making assets accessible to a broader audience.

Gold's historical surge post-ETF approval mirrors potential BTC price dynamics.

Swift development in the BTC ETF market hints at accelerated gains.

📈 Are You Ready for the Bitcoin Boom? Invest Wisely! 💡💰

As Bitcoin stands at the brink of a potential surge, savvy investors are eyeing the opportunities. With the approval of Bitcoin ETFs, institutional and retail investment is expected to flood into the crypto space. Brace yourselves for a transformative journey in the world of digital assets!

🌐 Stay ahead in the crypto game. Follow The Blockopedia for the latest market insights!

#ETFsApproval #BitcoinETFapproved #trendingtoday #cryptocurrency #crypto2024
Bitcoin is Now Aiming for $50K 🎯 Bitcoin is poised to reach the $50,000 mark, driven by substantial capital inflows into various Bitcoin ETFs. [Get Free Crypto Here](https://www.binance.com/en-IN/feed/post/3406377121745?ref=427461807&utm_campaign=app_square_share_link&utm_source=telegram) The price trajectory of Bitcoin closely correlates with the robust performance and significant capital influx observed in ETFs. On the last trading day of the week, February 9, the price surged to $48,200, reflecting an almost 6% increase over seven days. This positive trend suggests that Bitcoin's approach to the $50,000 milestone is increasingly likely in the near future, bolstered by the strong and consistent performance of Bitcoin ETFs. BitMEX data reveals that capital inflows into Bitcoin ETFs surged from around $68 million at the week's start to $541 million by Friday, marking the largest capital inflow since the ETF's inception. BlackRock remains at the forefront, concluding the week with a capital influx exceeding $250 million. Fidelity and ARK Invest closely follow with capital inflows of $188 million and $136 million, respectively. Grayscale's ETF, however, experienced a record low with over $51 million in capital inflows in a single day. Bitcoin ETFs have now amassed over $10 billion in assets, with BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund leading the way, each managing Bitcoin holdings valued at over $3 billion. Additional factors warrant consideration, including the anticipated recovery post-halving events, the Federal Reserve's monetary policies, and supply-demand dynamics. Currently, all indicators suggest that Bitcoin is entering a bullish price cycle. 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Write2Earn #trending #trendingtoday #BTC/Update
Bitcoin is Now Aiming for $50K 🎯

Bitcoin is poised to reach the $50,000 mark, driven by substantial capital inflows into various Bitcoin ETFs.

Get Free Crypto Here

The price trajectory of Bitcoin closely correlates with the robust performance and significant capital influx observed in ETFs. On the last trading day of the week, February 9, the price surged to $48,200, reflecting an almost 6% increase over seven days. This positive trend suggests that Bitcoin's approach to the $50,000 milestone is increasingly likely in the near future, bolstered by the strong and consistent performance of Bitcoin ETFs.

BitMEX data reveals that capital inflows into Bitcoin ETFs surged from around $68 million at the week's start to $541 million by Friday, marking the largest capital inflow since the ETF's inception. BlackRock remains at the forefront, concluding the week with a capital influx exceeding $250 million. Fidelity and ARK Invest closely follow with capital inflows of $188 million and $136 million, respectively. Grayscale's ETF, however, experienced a record low with over $51 million in capital inflows in a single day.

Bitcoin ETFs have now amassed over $10 billion in assets, with BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund leading the way, each managing Bitcoin holdings valued at over $3 billion.

Additional factors warrant consideration, including the anticipated recovery post-halving events, the Federal Reserve's monetary policies, and supply-demand dynamics. Currently, all indicators suggest that Bitcoin is entering a bullish price cycle.

🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.

#Write2Earn #trending #trendingtoday #BTC/Update
SOL experienced a correction alongside the broader crypto market sell-off, but data suggests more concerning reasons for the price drop. Solana's native token, SOL, priced at $464, witnessed a 9% dip on January 18, hitting a low of $91.40. The continuous rejection at the $100 level persisted over the last 15 days. However, this shouldn't be a cause for extreme concern, considering that the total cryptocurrency market value failed to sustain above $1.6 trillion throughout 2024. Despite the recent setback, SOL recorded an impressive 84% gain in December, leading to investor concerns about the lack of positive momentum in the price. FOMO surrounding Solana SPL token listings and airdrops fades away. The FOMO (fear of missing out) that drove SOL's surge in December 2023 was triggered by the appreciation of Solana SPL token airdrops, including Jito (JTO), BONK, and Dogwifhat (WIF). This movement boosted demand for the Solana Saga token as some projects offered exclusive deals to these users. However, the tide seems to have turned, as BONK faced a 15% correction between January 17 and 18, while JTO experienced a 19% drop in the same period. Another factor contributing to SOL's recent correction was the excessive optimism caused by the anticipation of airdrops. Some launches took longer than expected, while others provided only a temporary and short-lived boost to their decentralized applications (DApps), fading after the respective airdrop snapshots. Analysts and influencers created lists of the most promising opportunities, but almost none of the tokens achieved significant valuations and volumes. In a December 12, 2023, X social media post, IcedKnife mentioned some expected releases in the Solana ecosystem, including Kamino, Drift, Tensor, Jupiter, Parcl, Marginfi, and many others. #Solana-SOL #sol #Dapps #trendingtoday #TrendingTopic
SOL experienced a correction alongside the broader crypto market sell-off, but data suggests more concerning reasons for the price drop.

Solana's native token, SOL, priced at $464, witnessed a 9% dip on January 18, hitting a low of $91.40. The continuous rejection at the $100 level persisted over the last 15 days. However, this shouldn't be a cause for extreme concern, considering that the total cryptocurrency market value failed to sustain above $1.6 trillion throughout 2024. Despite the recent setback, SOL recorded an impressive 84% gain in December, leading to investor concerns about the lack of positive momentum in the price.

FOMO surrounding Solana SPL token listings and airdrops fades away.

The FOMO (fear of missing out) that drove SOL's surge in December 2023 was triggered by the appreciation of Solana SPL token airdrops, including Jito (JTO), BONK, and Dogwifhat (WIF). This movement boosted demand for the Solana Saga token as some projects offered exclusive deals to these users. However, the tide seems to have turned, as BONK faced a 15% correction between January 17 and 18, while JTO experienced a 19% drop in the same period.

Another factor contributing to SOL's recent correction was the excessive optimism caused by the anticipation of airdrops. Some launches took longer than expected, while others provided only a temporary and short-lived boost to their decentralized applications (DApps), fading after the respective airdrop snapshots. Analysts and influencers created lists of the most promising opportunities, but almost none of the tokens achieved significant valuations and volumes.

In a December 12, 2023, X social media post, IcedKnife mentioned some expected releases in the Solana ecosystem, including Kamino, Drift, Tensor, Jupiter, Parcl, Marginfi, and many others.
#Solana-SOL #sol #Dapps #trendingtoday #TrendingTopic
--
Bikovsko
🚀 Unlocking the Future: 3 Tokens Poised for 30X Growth in 2024! 🌐💸 As we navigate the dynamic world of cryptocurrencies in 2024, opportunities for substantial gains are abound. Let's explore three tokens that stand out with the potential for a jaw-dropping 30X growth: Retik Finance ($RETIK), Shiba Inu ($SHIB), and PancakeSwap ($CAKE ). 1. Retik Finance ($RETIK): Bridging the Gap for Decentralized Excellence! 🌍🚀 Retik Finance is reshaping the decentralized finance (DeFi) landscape, aiming to bridge the gap between crypto and fiat realms. With its comprehensive ecosystem, including the Retik Wallet, DeFi Debit Cards, and Retik Pay, it seamlessly fuses digital and traditional finance. The ongoing presale success, credible listings on platforms like CoinMarketCap and CoinGecko, and its unique positioning to enhance security and privacy make Retik Finance a compelling choice. Will it achieve a remarkable 30x growth? Keep an eye on its transformative journey! 2. Shiba Inu ($SHIB ): Meme Magic and Explosive Potential! 🐕✨ Shiba Inu (SHIB) takes center stage with its meme-based charm and the anticipation of a substantial surge. Trading at $0.000000001092 and eyeing the deletion of a zero, SHIB's affordability and speculative appeal make it an intriguing option. Positive trends in the broader crypto market, coupled with the SEC's Spot Bitcoin ETF approval, add to the optimism surrounding SHIB. For risk-tolerant investors seeking explosive growth, SHIB could be the meme magic that turns into a reality of 30x growth in 2024! 3. PancakeSwap ($CAKE): Baking Success on Binance Smart Chain! 🥞🚀 PancakeSwap (CAKE) emerges as a DeFi powerhouse on the Binance Smart Chain, offering a decentralized exchange (DEX) experience with a strategic edge. The AMM model, lower fees, and faster transactions position PancakeSwap favorably against Ethereum-based counterparts.#BinanceWish 🌐 Stay Informed, Stay Ahead! Follow The Defidraft for Crypto Insights! 🚀📰 #tokensale #CryptoUpdate  #trendingtoday  #cryptocurrency  #crypto2024
🚀 Unlocking the Future: 3 Tokens Poised for 30X Growth in 2024! 🌐💸

As we navigate the dynamic world of cryptocurrencies in 2024, opportunities for substantial gains are abound. Let's explore three tokens that stand out with the potential for a jaw-dropping 30X growth: Retik Finance ($RETIK), Shiba Inu ($SHIB ), and PancakeSwap ($CAKE ).

1. Retik Finance ($RETIK): Bridging the Gap for Decentralized Excellence! 🌍🚀

Retik Finance is reshaping the decentralized finance (DeFi) landscape, aiming to bridge the gap between crypto and fiat realms. With its comprehensive ecosystem, including the Retik Wallet, DeFi Debit Cards, and Retik Pay, it seamlessly fuses digital and traditional finance. The ongoing presale success, credible listings on platforms like CoinMarketCap and CoinGecko, and its unique positioning to enhance security and privacy make Retik Finance a compelling choice. Will it achieve a remarkable 30x growth? Keep an eye on its transformative journey!

2. Shiba Inu ($SHIB ): Meme Magic and Explosive Potential! 🐕✨

Shiba Inu (SHIB) takes center stage with its meme-based charm and the anticipation of a substantial surge. Trading at $0.000000001092 and eyeing the deletion of a zero, SHIB's affordability and speculative appeal make it an intriguing option. Positive trends in the broader crypto market, coupled with the SEC's Spot Bitcoin ETF approval, add to the optimism surrounding SHIB. For risk-tolerant investors seeking explosive growth, SHIB could be the meme magic that turns into a reality of 30x growth in 2024!

3. PancakeSwap ($CAKE ): Baking Success on Binance Smart Chain! 🥞🚀

PancakeSwap (CAKE) emerges as a DeFi powerhouse on the Binance Smart Chain, offering a decentralized exchange (DEX) experience with a strategic edge. The AMM model, lower fees, and faster transactions position PancakeSwap favorably against Ethereum-based counterparts.#BinanceWish

🌐 Stay Informed, Stay Ahead! Follow The Defidraft for Crypto Insights! 🚀📰

#tokensale #CryptoUpdate  #trendingtoday  #cryptocurrency  #crypto2024
𝟯 𝘁𝗵𝗶𝗻𝗴𝘀 𝘆𝗼𝘂 𝗺𝘂𝘀𝘁 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝗯𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝗻 𝟮𝟬𝟮𝟰 1. From a demand perspective, the potential approval of a spot bitcoin ETF by the SEC is poised to facilitate the entry of numerous new investors looking to incorporate bitcoin exposure directly into their traditional investment portfolios. This approval eliminates the need for navigating the complexities of crypto exchanges, allowing investors to utilize a familiar investment vehicle – an ETF. Consequently, this development is anticipated to enhance liquidity and stability in bitcoin's price. Moreover, the SEC's green light signifies a significant milestone in establishing bitcoin's legitimacy within mainstream financial institutions. 2. Turning to the supply side, the scarcity of bitcoin undergoes an increment roughly every four years through halving events. During these events, the reward for Bitcoin miners is halved, resulting in a 50% reduction in the rate of new bitcoin issuance. With the upcoming halving expected in April 2024, the block reward is set to decrease from the current 6.25 BTC to 3.125 BTC. 3. Since the last halving on May 11, 2020, which reduced the block reward from 12.5 BTC to 6.25 BTC, bitcoin has demonstrated a compound annual growth rate of 52%. Taken together, these factors present a compelling investment proposition for bitcoin and indicate a potential entry point. The implied value is approximately $62,000 per bitcoin in April 2024, reflecting a roughly 34% increase relative to the current price. Source: Synthetic #BTC #trendingtoday #Halving2024 #BitcoinETFapproved #BitcoinPrice2024
𝟯 𝘁𝗵𝗶𝗻𝗴𝘀 𝘆𝗼𝘂 𝗺𝘂𝘀𝘁 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝗯𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝗻 𝟮𝟬𝟮𝟰

1. From a demand perspective, the potential approval of a spot bitcoin ETF by the SEC is poised to facilitate the entry of numerous new investors looking to incorporate bitcoin exposure directly into their traditional investment portfolios. This approval eliminates the need for navigating the complexities of crypto exchanges, allowing investors to utilize a familiar investment vehicle – an ETF. Consequently, this development is anticipated to enhance liquidity and stability in bitcoin's price. Moreover, the SEC's green light signifies a significant milestone in establishing bitcoin's legitimacy within mainstream financial institutions.

2. Turning to the supply side, the scarcity of bitcoin undergoes an increment roughly every four years through halving events. During these events, the reward for Bitcoin miners is halved, resulting in a 50% reduction in the rate of new bitcoin issuance. With the upcoming halving expected in April 2024, the block reward is set to decrease from the current 6.25 BTC to 3.125 BTC.

3. Since the last halving on May 11, 2020, which reduced the block reward from 12.5 BTC to 6.25 BTC, bitcoin has demonstrated a compound annual growth rate of 52%.

Taken together, these factors present a compelling investment proposition for bitcoin and indicate a potential entry point. The implied value is approximately $62,000 per bitcoin in April 2024, reflecting a roughly 34% increase relative to the current price.

Source: Synthetic

#BTC #trendingtoday #Halving2024 #BitcoinETFapproved #BitcoinPrice2024
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