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The Final Market Move of 2024? A Critical Retest in Play!The Final Market Move of 2024? A Critical Retest in Play! As we approach the year’s end, the cryptocurrency market is entering a crucial retest phase, potentially marking the last major move of 2024. This is a pivotal moment for traders and investors alike, as market trends often define strategies for the months ahead. Historically, year-end phases bring heightened volatility and significant shifts, with assets either confirming bullish momentum or facing a bearish reversal. This retest phase is no different, as several key support and resistance levels across major cryptocurrencies are being tested. For Bitcoin, the $32,000 mark serves as a critical zone. A breakout could signal a late bull rally, while a rejection might bring consolidation. Altcoins like Ethereum and Solana are mirroring this trend, with their price actions closely linked to Bitcoin’s trajectory. For investors, this period demands sharp focus. Monitoring volume, RSI, and market sentiment can provide clues to navigate this uncertain terrain. Whether the market closes the year with fireworks or a fizzle, staying informed and prepared will be the key to maximizing gains.#CryptoMENA Are we witnessing the final surge of 2024, or is the market setting up for a surprise in 2025? Let’s discuss in the comments! Stay vigilant, and happy trading!#TrumpCrypto #TrumpSupportsCrypto

The Final Market Move of 2024? A Critical Retest in Play!

The Final Market Move of 2024? A Critical Retest in Play!
As we approach the year’s end, the cryptocurrency market is entering a crucial retest phase, potentially marking the last major move of 2024. This is a pivotal moment for traders and investors alike, as market trends often define strategies for the months ahead.
Historically, year-end phases bring heightened volatility and significant shifts, with assets either confirming bullish momentum or facing a bearish reversal. This retest phase is no different, as several key support and resistance levels across major cryptocurrencies are being tested.
For Bitcoin, the $32,000 mark serves as a critical zone. A breakout could signal a late bull rally, while a rejection might bring consolidation. Altcoins like Ethereum and Solana are mirroring this trend, with their price actions closely linked to Bitcoin’s trajectory.
For investors, this period demands sharp focus. Monitoring volume, RSI, and market sentiment can provide clues to navigate this uncertain terrain. Whether the market closes the year with fireworks or a fizzle, staying informed and prepared will be the key to maximizing gains.#CryptoMENA
Are we witnessing the final surge of 2024, or is the market setting up for a surprise in 2025? Let’s discuss in the comments!
Stay vigilant, and happy trading!#TrumpCrypto #TrumpSupportsCrypto
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Bullish
$UTK / USDT Trade Alert: High-Leverage Gains Ahead! 🚀💥 Current Price: $0.12384 $UTK has just broken out and is consolidating, signaling potential for short-term gains. Here’s a setup to capitalize on the momentum with leverage: Trade Setup (Leverage: 5x-10x) Entry: $0.12384 Target 1: $0.13000 (~5% gain) Target 2: $0.13500 (~9% gain) Stop-Loss: $0.11950 (for effective risk management) Why This Setup? Strong Momentum: UTK is showing solid bullish movement, with key support at $0.12000. Limited Downside: The well-established support suggests limited downside risk. Leverage Potential: With 5x-10x leverage, gains could multiply quickly, but risk management is essential to avoid big losses. Risk Management: Secure partial profits at Target 1 and trail stop-losses for safety. Keep a close eye—UTK is poised for significant moves! {spot}(UTKUSDT) #BinanceAlphaTop5 #USUALSpotPrediction #CryptoMENA #UTK?
$UTK / USDT Trade Alert: High-Leverage Gains Ahead! 🚀💥

Current Price: $0.12384
$UTK has just broken out and is consolidating, signaling potential for short-term gains. Here’s a setup to capitalize on the momentum with leverage:

Trade Setup (Leverage: 5x-10x)

Entry: $0.12384

Target 1: $0.13000 (~5% gain)

Target 2: $0.13500 (~9% gain)

Stop-Loss: $0.11950 (for effective risk management)

Why This Setup?

Strong Momentum: UTK is showing solid bullish movement, with key support at $0.12000.

Limited Downside: The well-established support suggests limited downside risk.

Leverage Potential: With 5x-10x leverage, gains could multiply quickly, but risk management is essential to avoid big losses.

Risk Management: Secure partial profits at Target 1 and trail stop-losses for safety. Keep a close eye—UTK is poised for significant moves!
#BinanceAlphaTop5 #USUALSpotPrediction #CryptoMENA #UTK?
bader 11:
على الاقل عندما تنسخ معلومات قديمة تأكد من السعر الحالي
Today's Top Gainers 🔥💯 📈 $PENGU • Current Price: 0.030674 (+808.86%) • Entry Target: 0.0285 - 0.0310 • Stop Loss: 0.0250 • Next Target: 0.0350 📈 $1000CAT • Current Price: 0.04447 (+13.50%) • Entry Target: 0.0430 - 0.0450 • Stop Loss: 0.0390 • Next Target: 0.0500 📈 $FORTH • Current Price: 5.937 (+10.01%) • Entry Target: 5.80 - 6.00 • Stop Loss: 5.40 • Next Target: 6.50 📈 $LTC (Litecoin) • Current Price: 125.22 (+6.39%) • Entry Target: 124 - 126 • Stop Loss: 120 • Next Target: 135 📈 $HBAR • Current Price: 0.29436 (+4.80%) • Entry Target: 0.290 - 0.300 • Stop Loss: 0.270 • Next Target: 0.320 Tips: Secure partial profits once targets are hit. Manage your stop losses to minimize risks. {spot}(PENGUUSDT) {spot}(1000CATUSDT) {spot}(FORTHUSDT) #BTCNewATH #CryptoMENA #Bitcoin110KNext?
Today's Top Gainers 🔥💯

📈 $PENGU
• Current Price: 0.030674 (+808.86%)
• Entry Target: 0.0285 - 0.0310
• Stop Loss: 0.0250
• Next Target: 0.0350

📈 $1000CAT
• Current Price: 0.04447 (+13.50%)
• Entry Target: 0.0430 - 0.0450
• Stop Loss: 0.0390
• Next Target: 0.0500

📈 $FORTH
• Current Price: 5.937 (+10.01%)
• Entry Target: 5.80 - 6.00
• Stop Loss: 5.40
• Next Target: 6.50

📈 $LTC (Litecoin)
• Current Price: 125.22 (+6.39%)
• Entry Target: 124 - 126
• Stop Loss: 120
• Next Target: 135

📈 $HBAR
• Current Price: 0.29436 (+4.80%)
• Entry Target: 0.290 - 0.300
• Stop Loss: 0.270
• Next Target: 0.320

Tips:

Secure partial profits once targets are hit.

Manage your stop losses to minimize risks.

#BTCNewATH #CryptoMENA
#Bitcoin110KNext?
$BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $XRP {spot}(XRPUSDT) FED Expected to Cut Rates by 25 BPS - Bullish Signal for Bitcoin? 🚀" The Federal Reserve (FED) is expected to announce a 25 BPS (0.25%) rate cut tomorrow, December 18. This potential move could have a significant impact on global markets, especially Bitcoin and the broader crypto space. 🔹 Why is this Bullish for Bitcoin? Lower interest rates reduce borrowing costs, encouraging investments in higher-yield assets like Bitcoin. Bitcoin is often seen as a hedge against inflation, making it attractive in low-rate environments. Increased liquidity in the markets tends to drive capital into alternative assets, boosting demand for cryptocurrencies. With Bitcoin already showing strong momentum, could this rate cut fuel its next big move toward $100K? What are your thoughts? Is Bitcoin ready for liftoff? 🚀 #bitcoin☀️ #FEDRateCut #CryptoMENA #BullishTrend #BinanceSquare
$BTC
$ETH
$XRP
FED Expected to Cut Rates by 25 BPS - Bullish Signal for Bitcoin? 🚀"

The Federal Reserve (FED) is expected to announce a 25 BPS (0.25%) rate cut tomorrow, December 18. This potential move could have a significant impact on global markets, especially Bitcoin and the broader crypto space.

🔹 Why is this Bullish for Bitcoin?

Lower interest rates reduce borrowing costs, encouraging investments in higher-yield assets like Bitcoin.

Bitcoin is often seen as a hedge against inflation, making it attractive in low-rate environments.

Increased liquidity in the markets tends to drive capital into alternative assets, boosting demand for cryptocurrencies.

With Bitcoin already showing strong momentum, could this rate cut fuel its next big move toward $100K?

What are your thoughts? Is Bitcoin ready for liftoff? 🚀

#bitcoin☀️ #FEDRateCut #CryptoMENA #BullishTrend #BinanceSquare
--
Bearish
Short Trade Setups for Top Losers! 🔥💯 Given the ongoing bearish momentum, here are updated short trade setups with clear entry points, targets, and stop losses to optimize risk management: --- 1. $CTXC Entry: $0.40 (on breakdown confirmation) Target: $0.36 Stop Loss: $0.43 Strategy: Capitalize on the sharp downward momentum while maintaining a tight stop to limit risk. --- 2. $VELODROME (VELO) Entry: $0.20 (below support zone) Target: $0.17 Stop Loss: $0.215 Strategy: Look for a pullback or retest of resistance to enter. Be patient as momentum builds. --- 3. $SLF Entry: $0.38 (bearish continuation setup) Target: $0.34 Stop Loss: $0.395 Strategy: Stick to the trend and adjust stop losses to secure profits as the trade progresses. --- 4. $ME Entry: $3.30 (below key psychological level) Target: $3.05 Stop Loss: $3.45 Strategy: Monitor closely for a retest of resistance or consolidation before shorting. --- Trade Advice Use trailing stop-losses to protect gains and reduce risk. Watch for price action signals like trend reversals or increased volume near support levels. Ensure proper position sizing to manage risk effectively. --- #MicroStrategyJoinsNasdaq100 #VANAOpening #CryptoMENA
Short Trade Setups for Top Losers! 🔥💯

Given the ongoing bearish momentum, here are updated short trade setups with clear entry points, targets, and stop losses to optimize risk management:

---

1. $CTXC

Entry: $0.40 (on breakdown confirmation)

Target: $0.36

Stop Loss: $0.43

Strategy: Capitalize on the sharp downward momentum while maintaining a tight stop to limit risk.

---

2. $VELODROME (VELO)

Entry: $0.20 (below support zone)

Target: $0.17

Stop Loss: $0.215

Strategy: Look for a pullback or retest of resistance to enter. Be patient as momentum builds.

---

3. $SLF

Entry: $0.38 (bearish continuation setup)

Target: $0.34

Stop Loss: $0.395

Strategy: Stick to the trend and adjust stop losses to secure profits as the trade progresses.

---

4. $ME

Entry: $3.30 (below key psychological level)

Target: $3.05

Stop Loss: $3.45

Strategy: Monitor closely for a retest of resistance or consolidation before shorting.

---

Trade Advice

Use trailing stop-losses to protect gains and reduce risk.

Watch for price action signals like trend reversals or increased volume near support levels.

Ensure proper position sizing to manage risk effectively.

---

#MicroStrategyJoinsNasdaq100 #VANAOpening #CryptoMENA
$ACX /USDT Bullish Signal: Breakout Confirmed! Entry Zone: $0.770 - $0.780 Targets: $0.790 / $0.810 / $0.830 Stop Loss: Below $0.750 Market Insight: $ACX /USDT has decisively broken above a key resistance at $0.777, confirming a bullish breakout. The move is supported by strong buying momentum and increasing trading volume, indicating buyer dominance in the market. The next resistance is at $0.790, with a potential for further upside toward $0.810 and $0.830 if the momentum sustains. Keep an eye on volume spikes for confirmation of continuation. Risk Management: To manage risk, place a stop-loss just below $0.750. This ensures limited downside exposure if the breakout fails to hold. Current Price: $0.7735 (-0.43%) Stay vigilant for potential pullbacks to the entry zone before the next leg upward. {spot}(ACXUSDT) #BinanceListsVelodrome #ACXUSDT #MicroStrategyJoinsNasdaq100 #CryptoMENA
$ACX /USDT Bullish Signal: Breakout Confirmed!
Entry Zone: $0.770 - $0.780
Targets: $0.790 / $0.810 / $0.830
Stop Loss: Below $0.750

Market Insight:

$ACX /USDT has decisively broken above a key resistance at $0.777, confirming a bullish breakout. The move is supported by strong buying momentum and increasing trading volume, indicating buyer dominance in the market. The next resistance is at $0.790, with a potential for further upside toward $0.810 and $0.830 if the momentum sustains. Keep an eye on volume spikes for confirmation of continuation.

Risk Management:

To manage risk, place a stop-loss just below $0.750. This ensures limited downside exposure if the breakout fails to hold.

Current Price: $0.7735 (-0.43%)
Stay vigilant for potential pullbacks to the entry zone before the next leg upward.

#BinanceListsVelodrome #ACXUSDT #MicroStrategyJoinsNasdaq100 #CryptoMENA
The $UTK /USDT 4-hour chart indicates a highly volatile movement with significant price swings. After a sharp upward move that peaked near $0.17853, the price retraced to its current level of $0.12369. The following analysis outlines trade opportunities: Long Position: Entry: Around $0.12000 - $0.12300 (near the support level after retracement). Target: $0.15000 as the first target and $0.17000 as the second, based on the previous peak. Stop Loss: Place a stop loss at $0.11000 to limit downside risk. Short Position: Entry: If the price fails to break above $0.13000 (current resistance), short around $0.12800 - $0.13000. Target: $0.11000, which aligns with previous support levels. Stop Loss: Set a stop loss at $0.13500 to avoid losses from sudden upward moves. Market Context: The overall trend for UTK remains bullish on a higher time frame (30-day gains at 276.19%), suggesting dips could provide buying opportunities. Traders should observe volume closely: a break above resistance with strong volume favors a long trade, while rejection signals potential downside. Risk management is crucial due to the volatility—stick to stop-loss and position sizes accordingly. {spot}(UTKUSDT) #MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M #CryptoMENA #UTK/usdt
The $UTK /USDT 4-hour chart indicates a highly volatile movement with significant price swings. After a sharp upward move that peaked near $0.17853, the price retraced to its current level of $0.12369. The following analysis outlines trade opportunities:

Long Position:

Entry: Around $0.12000 - $0.12300 (near the support level after retracement).

Target: $0.15000 as the first target and $0.17000 as the second, based on the previous peak.

Stop Loss: Place a stop loss at $0.11000 to limit downside risk.

Short Position:

Entry: If the price fails to break above $0.13000 (current resistance), short around $0.12800 - $0.13000.

Target: $0.11000, which aligns with previous support levels.

Stop Loss: Set a stop loss at $0.13500 to avoid losses from sudden upward moves.

Market Context:

The overall trend for UTK remains bullish on a higher time frame (30-day gains at 276.19%), suggesting dips could provide buying opportunities.

Traders should observe volume closely: a break above resistance with strong volume favors a long trade, while rejection signals potential downside.

Risk management is crucial due to the volatility—stick to stop-loss and position sizes accordingly.

#MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M #CryptoMENA #UTK/usdt
يرجى النقر على الرابط والمشاركة في #لعبة_اليوم للحصول على مكافأة واعطائي فرصة لعبة جدبدة☺️ The Long Game of Crypto: Strategic Allocation to Digital Assets https://safu.im/1JwCpsZs $BTC $SOL $XRP #Bitcoin❗ #CryptoMENA
يرجى النقر على الرابط والمشاركة في #لعبة_اليوم للحصول على مكافأة واعطائي فرصة لعبة جدبدة☺️

The Long Game of Crypto: Strategic Allocation to Digital Assets
https://safu.im/1JwCpsZs
$BTC
$SOL
$XRP
#Bitcoin❗
#CryptoMENA
New SEC boss Paul Atkins will transform crypto… but not right awayNew SEC boss Paul Atkins will transform crypto… but not right away Trump’s new pick to chair the Securities and Exchange Commission is a win for the crypto industry, but the desired changes may be slow to come into play. President-elect Donald Trump has tapped pro-crypto businessman and former Securities and Exchange Commissioner Paul Atkins as the next chair of the regulatory agency under his administration, fulfilling his promise to replace current chair Gary Gensler and delighting the crypto industry. Here’s what we know about Atkins and the potential changes he could bring to the crypto industry if he’s confirmed as expected by Congress in 2025. From SEC to Patomak and back againAtkins served as a Republican SEC commissioner from July 2002 to August 2008, having been appointed to the role under George W. Bush. Back then he was already pro-innovation and investment and against red tape: “[The SEC] must not price those very investors out of our markets through burdensome regulations or eat up the fruits of their investments through nonsensical mandates,” Atkins said in a 2007 speech to the Corporate Directors Forum. According to US legal firm Anderson PC, Atkins was known for emphasizing “proportionality” in enforcement actions, advising against massive fines for corporations based on individual wrongdoing and focusing on complex and nuanced cases instead of prioritizing a high number of enforcement actions. “Under his leadership, the SEC may move away from aggressive tactics that prioritize headline-grabbing penalties over substantive outcomes,” wrote Anderson lawyers. Speaking on the Unchained podcast this week, Digital Chamber President Cody Carbone said one of the most promising things about Atkins is his pre-existing familiarity with the current SEC staff, including current Republican SEC Commissioners Hester “Crypto Mom” Peirce and Mark Uyeda. Both Peirce and Uyeda were staffers for Atkins during his six-year stint at the agency. “When we look at how the commission is going to work moving forward, they have familiarity. They’ve already rolled up their sleeves and been in the war together,” said Carbone. After leaving the SEC, Atkins founded the financial sector consultancy firm Patomak Global Partners in 2009. Patomak specializes in regulatory advice, risk compliance services and enforcement and litigation support. Notably, Patomak signed Sam Bankman-Fried’s now-defunct exchange FTX as a client in January 2022, around 10 months before the exchange imploded. Speaking on a podcast in 2023, Atkins said the only reason the FTX crisis became an “international debacle” was because the US didn’t make clear enough rules to accommodate digital assets. However, he conceded that Bankman-Fried’s fraudulent activities were the primary cause of the collapse. Since 2017, Atkins has served as the co-chair of the Token Alliance, a crypto lobbying group for the Chamber of Digital Commerce which aims to introduce clear regulations and promote mainstream adoption of crypto assets. He has been a staunch advocate of digital assets and innovation, speaking out against the Gensler-led SEC’s “regulation-by-enforcement” approach to the crypto industry on several occasions. In 2019, Atkins testified before Congress on restructuring the SEC to balance investor protection with reducing regulatory burdens on emerging industries. SEC turnover continuesWhile Trump has nominated Atkins as the next SEC chair, it’s not yet a done deal. Congress and the Senate can vote against confirming a Presidential nomination, and that may well happen with some of Trump’s more controversial picks. However, Carbone expects Atkins’ nomination to be confirmed in March, depending on how quickly the Senate Banking Committee can move through nominations for other departments and agencies. The SEC features a board of five commissioners. At present, the list of SEC commissioners includes two Republicans — Peirce and Uyeda — and three Democrats, Caroline Crenshaw, Gary Gensler and Jaime Lizarraga. However, both Gensler and Lizarraga have recently announced that they will be leaving the agency in January. Meanwhile, Crenshaw — a crypto-critical commissioner who stood against the approval of Bitcoin ETFs — has just had her renomination vote postponed indefinitely, leaving her role at the agency up in the air. The SEC is set to have a three-person Republican SEC majority under the new administration following Trump’s inauguration next year. Some have suggested that Trump may even break with protocol and nominate a fourth Republican commissioner to replace Lizarraga; however, that’s pure speculation at this stage. What could Atkins’ reign look like for crypto regulation? Speaking to Cointelegraph, Charlyn Ho, the founder of Rikka Group, said that Atkins will undoubtedly create “a lot of change” in the way the crypto industry is regulated, but it’s not going to happen all at once. Ho believes it’s unlikely that the United States will pursue a similar course to Europe in introducing an overarching regulatory regime like Markets in Crypto-Assets Regulation (MiCA). Instead, she expects the Atkins-led SEC to be more focused on providing direction and removing regulatory roadblocks. “I would hazard a guess that Trump and Atkins are probably opposed to creating new regulations, but rather increasing the clarity as to where the crypto industry can operate.” That said, there are numerous crypto bills already up for consideration including stablecoin legislation and FIT 21, which provides a regulatory framework for crypto and has already passed the House of Representatives. Whatever happens, Atkins is unlikely to follow his predecessor Gensler’s approach, which has been criticized for being overly aggressive to crypto regulation and for routinely overstepping the SEC’s congressional mandate and enacting “regulation by enforcement.” “The common theme in lawsuits like Coinbase and Ripple is that the SEC is overstepping its bounds,” she said. “Technically, Congress is supposed to pass laws. Those laws delegate the authority to executive agencies like the SEC to interpret, but they are only supposed to interpret within the parameters that were delegated,” Ho said. Speaking on the Free The People podcast on Feb. 23 last year, Atkins said that if the SEC had been less combative, there would’ve been more opportunity for industry growth in the US. “If the agency had been more accommodating and would deal straightforwardly with these various firms, I think it would be a lot better to have things happen here in the United States rather than outside,” Atkins said, citing the $4.3 billion fine that Binance was forced to pay as a reason why many crypto firms choose to remain outside the US. On the same podcast, Atkins also came out in support of Commissioner Peirce’s Token Safe Harbor Act — a bill that was re-introduced in 2021 — that would give crypto developers a grace period before they’re legally required to register with the SEC. A day-one Atkins overhaul is unlikely Even though Atkins is clearly pro-crypto, Ho warned that industry pundits expecting a quick overhaul of the rules may be getting ahead of themselves. “There’s still a precedent set by Gensler for him to follow and just because a new commissioner is named, it doesn’t mean all the legal work and precedent that has come out previously is just gone,” Ho said. Looking at the swathe of existing lawsuits from the SEC, including those against firms like Kraken, Coinbase, Ripple and others, Ho said neither Atkins nor the agency are capable of simply dropping everything and hammering a pro-crypto position immediately. “If Atkins wants to change the SEC’s position, he wouldn’t just be able to declare it as so. They would have to go through the legal process and have some justification in order to alter their claims. “If they’re the plaintiff, they could just drop the lawsuit entirely. But if they’re in the middle of a process, then the commissioner doesn’t have unfettered discretion to completely change everything in that process.” “He would still be bound by certain things.” #AtkinsForSEC #SEC #CryptoMENA #Trump #CryptoNews

New SEC boss Paul Atkins will transform crypto… but not right away

New SEC boss Paul Atkins will transform crypto… but not right away
Trump’s new pick to chair the Securities and Exchange Commission is a win for the crypto industry, but the desired changes may be slow to come into play.
President-elect Donald Trump has tapped pro-crypto businessman and former Securities and Exchange Commissioner Paul Atkins as the next chair of the regulatory agency under his administration, fulfilling his promise to replace current chair Gary Gensler and delighting the crypto industry.
Here’s what we know about Atkins and the potential changes he could bring to the crypto industry if he’s confirmed as expected by Congress in 2025.
From SEC to Patomak and back againAtkins served as a Republican SEC commissioner from July 2002 to August 2008, having been appointed to the role under George W. Bush.
Back then he was already pro-innovation and investment and against red tape:
“[The SEC] must not price those very investors out of our markets through burdensome regulations or eat up the fruits of their investments through nonsensical mandates,” Atkins said in a 2007 speech to the Corporate Directors Forum.
According to US legal firm Anderson PC, Atkins was known for emphasizing “proportionality” in enforcement actions, advising against massive fines for corporations based on individual wrongdoing and focusing on complex and nuanced cases instead of prioritizing a high number of enforcement actions.
“Under his leadership, the SEC may move away from aggressive tactics that prioritize headline-grabbing penalties over substantive outcomes,” wrote Anderson lawyers.
Speaking on the Unchained podcast this week, Digital Chamber President Cody Carbone said one of the most promising things about Atkins is his pre-existing familiarity with the current SEC staff, including current Republican SEC Commissioners Hester “Crypto Mom” Peirce and Mark Uyeda.
Both Peirce and Uyeda were staffers for Atkins during his six-year stint at the agency.
“When we look at how the commission is going to work moving forward, they have familiarity. They’ve already rolled up their sleeves and been in the war together,” said Carbone.
After leaving the SEC, Atkins founded the financial sector consultancy firm Patomak Global Partners in 2009. Patomak specializes in regulatory advice, risk compliance services and enforcement and litigation support.
Notably, Patomak signed Sam Bankman-Fried’s now-defunct exchange FTX as a client in January 2022, around 10 months before the exchange imploded.
Speaking on a podcast in 2023, Atkins said the only reason the FTX crisis became an “international debacle” was because the US didn’t make clear enough rules to accommodate digital assets. However, he conceded that Bankman-Fried’s fraudulent activities were the primary cause of the collapse.
Since 2017, Atkins has served as the co-chair of the Token Alliance, a crypto lobbying group for the Chamber of Digital Commerce which aims to introduce clear regulations and promote mainstream adoption of crypto assets.
He has been a staunch advocate of digital assets and innovation, speaking out against the Gensler-led SEC’s “regulation-by-enforcement” approach to the crypto industry on several occasions.
In 2019, Atkins testified before Congress on restructuring the SEC to balance investor protection with reducing regulatory burdens on emerging industries.
SEC turnover continuesWhile Trump has nominated Atkins as the next SEC chair, it’s not yet a done deal. Congress and the Senate can vote against confirming a Presidential nomination, and that may well happen with some of Trump’s more controversial picks.
However, Carbone expects Atkins’ nomination to be confirmed in March, depending on how quickly the Senate Banking Committee can move through nominations for other departments and agencies.
The SEC features a board of five commissioners. At present, the list of SEC commissioners includes two Republicans — Peirce and Uyeda — and three Democrats, Caroline Crenshaw, Gary Gensler and Jaime Lizarraga.
However, both Gensler and Lizarraga have recently announced that they will be leaving the agency in January.
Meanwhile, Crenshaw — a crypto-critical commissioner who stood against the approval of Bitcoin ETFs — has just had her renomination vote postponed indefinitely, leaving her role at the agency up in the air.
The SEC is set to have a three-person Republican SEC majority under the new administration following Trump’s inauguration next year.
Some have suggested that Trump may even break with protocol and nominate a fourth Republican commissioner to replace Lizarraga; however, that’s pure speculation at this stage.
What could Atkins’ reign look like for crypto regulation?
Speaking to Cointelegraph, Charlyn Ho, the founder of Rikka Group, said that Atkins will undoubtedly create “a lot of change” in the way the crypto industry is regulated, but it’s not going to happen all at once.
Ho believes it’s unlikely that the United States will pursue a similar course to Europe in introducing an overarching regulatory regime like Markets in Crypto-Assets Regulation (MiCA). Instead, she expects the Atkins-led SEC to be more focused on providing direction and removing regulatory roadblocks.
“I would hazard a guess that Trump and Atkins are probably opposed to creating new regulations, but rather increasing the clarity as to where the crypto industry can operate.”
That said, there are numerous crypto bills already up for consideration including stablecoin legislation and FIT 21, which provides a regulatory framework for crypto and has already passed the House of Representatives.
Whatever happens, Atkins is unlikely to follow his predecessor Gensler’s approach, which has been criticized for being overly aggressive to crypto regulation and for routinely overstepping the SEC’s congressional mandate and enacting “regulation by enforcement.”
“The common theme in lawsuits like Coinbase and Ripple is that the SEC is overstepping its bounds,” she said.
“Technically, Congress is supposed to pass laws. Those laws delegate the authority to executive agencies like the SEC to interpret, but they are only supposed to interpret within the parameters that were delegated,” Ho said.
Speaking on the Free The People podcast on Feb. 23 last year, Atkins said that if the SEC had been less combative, there would’ve been more opportunity for industry growth in the US.
“If the agency had been more accommodating and would deal straightforwardly with these various firms, I think it would be a lot better to have things happen here in the United States rather than outside,” Atkins said, citing the $4.3 billion fine that Binance was forced to pay as a reason why many crypto firms choose to remain outside the US.
On the same podcast, Atkins also came out in support of Commissioner Peirce’s Token Safe Harbor Act — a bill that was re-introduced in 2021 — that would give crypto developers a grace period before they’re legally required to register with the SEC.
A day-one Atkins overhaul is unlikely
Even though Atkins is clearly pro-crypto, Ho warned that industry pundits expecting a quick overhaul of the rules may be getting ahead of themselves.
“There’s still a precedent set by Gensler for him to follow and just because a new commissioner is named, it doesn’t mean all the legal work and precedent that has come out previously is just gone,” Ho said.
Looking at the swathe of existing lawsuits from the SEC, including those against firms like Kraken, Coinbase, Ripple and others, Ho said neither Atkins nor the agency are capable of simply dropping everything and hammering a pro-crypto position immediately.
“If Atkins wants to change the SEC’s position, he wouldn’t just be able to declare it as so. They would have to go through the legal process and have some justification in order to alter their claims.
“If they’re the plaintiff, they could just drop the lawsuit entirely. But if they’re in the middle of a process, then the commissioner doesn’t have unfettered discretion to completely change everything in that process.”
“He would still be bound by certain things.”

#AtkinsForSEC #SEC #CryptoMENA #Trump #CryptoNews
ceydanaz:
Thanks
--
Bullish
LONG SIGNAL ALERT: $ETH Poised for a Strong Move! 💎💎💎 {spot}(ETHUSDT) $ETH is trading at $3,925.22, demonstrating bullish strength after rebounding from $3,709. With a recent high of $3,947, Ethereum is approaching a critical resistance level, suggesting an imminent breakout opportunity. 💡 Trade Setup: Go Long Now Entry Price: $3,925 Take-Profit Targets: TP1: $3,970 TP2: $4,020 TP3: $4,070 Stop-Loss: $3,850 Ethereum's momentum remains strong as it consolidates near its highs. Watch for a breakout above $3,947 to confirm a continuation toward higher targets. Tight risk management is essential as volatility looms. #CryptoMENA #ETH🔥🔥🔥🔥 #EthereumSignals #Share1BNBDaily #Write2Earn!
LONG SIGNAL ALERT: $ETH Poised for a Strong Move! 💎💎💎

$ETH is trading at $3,925.22, demonstrating bullish strength after rebounding from $3,709. With a recent high of $3,947, Ethereum is approaching a critical resistance level, suggesting an imminent breakout opportunity.

💡 Trade Setup: Go Long Now

Entry Price: $3,925

Take-Profit Targets:

TP1: $3,970

TP2: $4,020

TP3: $4,070

Stop-Loss: $3,850

Ethereum's momentum remains strong as it consolidates near its highs. Watch for a breakout above $3,947 to confirm a continuation toward higher targets. Tight risk management is essential as volatility looms.

#CryptoMENA #ETH🔥🔥🔥🔥 #EthereumSignals #Share1BNBDaily #Write2Earn!
From the chart provided, $TRX /USDT has been in a recovery phase after a sharp drop following its recent peak around the 0.45 level. Currently, the price is stabilizing near 0.2896 with bullish momentum indicated by a 6% rise in the last 24 hours. Entry Analysis: 1. Long Position: If the price holds above 0.2850, it would indicate a potential continuation of the uptrend. A long position could be initiated above this level. Target: First target at 0.32 and second target at 0.35. Stop Loss: Place a stop loss below 0.27 to limit downside risk. 2. Short Position: If the price fails to sustain above 0.2850 and breaks below 0.27, it might indicate further downside momentum. Target: First target at 0.25 and second target at 0.22. Stop Loss: Place a stop loss above 0.295 to minimize losses. Recommendation: Monitor the price action closely near the 0.2850 level. A breakout or breakdown will confirm the next move. Keep risk-reward in mind and adjust position size accordingly for market volatility. {spot}(TRXUSDT) #MicroStrategyVsNasdaq #BTCReclaims101K #MajorAirdropWatch #BURNGMT #CryptoMENA
From the chart provided, $TRX /USDT has been in a recovery phase after a sharp drop following its recent peak around the 0.45 level. Currently, the price is stabilizing near 0.2896 with bullish momentum indicated by a 6% rise in the last 24 hours.

Entry Analysis:

1. Long Position: If the price holds above 0.2850, it would indicate a potential continuation of the uptrend. A long position could be initiated above this level.

Target: First target at 0.32 and second target at 0.35.

Stop Loss: Place a stop loss below 0.27 to limit downside risk.

2. Short Position: If the price fails to sustain above 0.2850 and breaks below 0.27, it might indicate further downside momentum.

Target: First target at 0.25 and second target at 0.22.

Stop Loss: Place a stop loss above 0.295 to minimize losses.

Recommendation:

Monitor the price action closely near the 0.2850 level. A breakout or breakdown will confirm the next move. Keep risk-reward in mind and adjust position size accordingly for market volatility.
#MicroStrategyVsNasdaq #BTCReclaims101K #MajorAirdropWatch #BURNGMT #CryptoMENA
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Bullish
LIVE
Abdulrahman Al Sayyad
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xrp
$XRP Everyone is panicking over $2 resistance but people in the know aren’t worried. We can’t always go up, we are gathering below resistance in a bull flag gathering energy for the next phase. Put a stop loss below 1.80 in case the flag is invalidated but just know that the bull market is nowhere near over. This chart looks eerily similar to the 2017-2018 chart and people are having PTSD over the 2020-2021 chart (which is understandable). Ripple was released from escrow causing additional panic, which is understandable. Someone is buying these whales trying to sell, are the institutional monsters here already? Brad is going on 60 Minutes and RLUSD is coming out soon. RLUSD is a huge development, don’t underestimate it. Gensler Burns will be replaced by the SEC’s Crypto Pro in January/February and the case will be dismissed after that at which point mass adoption will begin. There is nothing but positive news on the horizon, that psychological $2 mark is a beast but it won’t last long. I have no doubt in my mind that the minimum target we will hit in this round is $5 but I no longer know what the maximum will be in the coming years after adoption occurs. All I know is that I will not be selling all my extreme RuPees at the peak of this bull run.Some of these will remain in cold storage for a long time. The $2 level is not to be ignored and you should have a stop loss at our strong local support at 1.80 in case of a short term invalidation but I doubt that will happen personally. I think the XRP army has been right all these years even though they have been laughed at. They have been called conspiracy theorists which is ironic considering the recent anti-XRP posts saying that XRP at current price levels is impossible. Yet here we are. Be proud, be loud and be very vigilant once we break above $5 at the peak of this bull run because we will either hit $5.85 (or a bit lower) and fall or we will pull back and rally and head towards $13. Your vigilance is needed then, the higher time frame doesn’t lie and a close above 2 is confirmation of a symmetrical triangle breakout. Stay strong XRP army 🫡
Based on the provided chart for $DOGE /USDT on Binance (4-hour timeframe): 1. Trend Analysis: The price appears to be in an uptrend, showing higher highs and higher lows. However, the current candle indicates a slight pullback (-1.63%). 2. Key Levels: Resistance: $0.48 (recent high). Support: $0.44 (recent low). 3. Entry for Long Position: Consider entering a long position near $0.445–$0.450 if the price retraces further but holds above the $0.44 support. This is a strong demand zone where buyers may re-enter. 4. Long Targets: First Target (T1): $0.465 (recent peak before pullback). Second Target (T2): $0.48 (major resistance). Stop Loss (SL): Place below $0.44 to limit losses. 5. Entry for Short Position: A short position may be viable if the price breaks below $0.44 with strong selling volume. 6. Short Targets: First Target (T1): $0.430 (minor support). Second Target (T2): $0.40 (psychological level and major support). Stop Loss (SL): Place above $0.45 to protect against invalidation. 7. Indicators: The accumulation/distribution line indicates potential bullish accumulation, but volume confirmation is necessary to validate breakout or breakdown. 8. Risk Management: Use a position size that aligns with your risk tolerance, targeting a risk-to-reward ratio of at least 1:2. Wait for the price to approach the critical levels ($0.44 or $0.48) and monitor for confirmation signals (candlestick patterns or volume spikes) before entering either position. {spot}(DOGEUSDT) #PEPELeapsToNewATH #CardanoFoundationHack #Memerally #FanTokensRise #CryptoMENA
Based on the provided chart for $DOGE /USDT on Binance (4-hour timeframe):

1. Trend Analysis: The price appears to be in an uptrend, showing higher highs and higher lows. However, the current candle indicates a slight pullback (-1.63%).

2. Key Levels:

Resistance: $0.48 (recent high).

Support: $0.44 (recent low).

3. Entry for Long Position: Consider entering a long position near $0.445–$0.450 if the price retraces further but holds above the $0.44 support. This is a strong demand zone where buyers may re-enter.

4. Long Targets:

First Target (T1): $0.465 (recent peak before pullback).

Second Target (T2): $0.48 (major resistance).

Stop Loss (SL): Place below $0.44 to limit losses.

5. Entry for Short Position: A short position may be viable if the price breaks below $0.44 with strong selling volume.

6. Short Targets:

First Target (T1): $0.430 (minor support).

Second Target (T2): $0.40 (psychological level and major support).

Stop Loss (SL): Place above $0.45 to protect against invalidation.

7. Indicators: The accumulation/distribution line indicates potential bullish accumulation, but volume confirmation is necessary to validate breakout or breakdown.

8. Risk Management: Use a position size that aligns with your risk tolerance, targeting a risk-to-reward ratio of at least 1:2.

Wait for the price to approach the critical levels ($0.44 or $0.48) and monitor for confirmation signals (candlestick patterns or volume spikes) before entering either position.
#PEPELeapsToNewATH #CardanoFoundationHack #Memerally #FanTokensRise #CryptoMENA
From analyzing the chart provided for $KAIA /USDT on the 4-hour timeframe, here’s a professional overview:🔥🔥 1. Current Trend: The asset is in a strong uptrend, with the price breaking past key moving averages (EMA 7, EMA 25, and EMA 99). A 46.89% increase in the last 24 hours indicates significant bullish momentum. 2. Volume Surge: A notable increase in volume supports the upward movement, signifying strong market participation and demand. 3. Entry for Long: A potential long entry could be near $0.34 (around EMA 7) if the price retraces, as it may act as support. This provides a better risk-to-reward ratio. 4. Long Targets: For a long position, the next resistance level could be $0.42 (previous high), followed by $0.45 for a more extended target. 5. Stop Loss for Long: Place a stop loss below $0.32 to limit downside risk in case the trend reverses. 6. Entry for Short: A short position could be considered if the price fails to break above $0.42 and starts showing bearish divergence on indicators like RSI or MACD. 7. Short Targets: Initial short targets could be $0.34, followed by $0.30 if bearish momentum gains strength. 8. Stop Loss for Short: Set a stop loss above $0.43 to minimize losses in case of a false breakout. 9. Caution: Given the strong bullish momentum, short positions carry higher risk. Monitor closely for confirmed reversals. 10. Overall Suggestion: Favor the trend (bullish) and avoid chasing the price at its peak. Wait for retracements or clear reversal signals before entering. {spot}(KAIAUSDT) #ETHOnTheRise #MicrosoftBTCInvestmentVote #CryptoMENA #BinanceTrendingTokens #NFTIsBack
From analyzing the chart provided for $KAIA /USDT on the 4-hour timeframe, here’s a professional overview:🔥🔥

1. Current Trend: The asset is in a strong uptrend, with the price breaking past key moving averages (EMA 7, EMA 25, and EMA 99). A 46.89% increase in the last 24 hours indicates significant bullish momentum.

2. Volume Surge: A notable increase in volume supports the upward movement, signifying strong market participation and demand.

3. Entry for Long: A potential long entry could be near $0.34 (around EMA 7) if the price retraces, as it may act as support. This provides a better risk-to-reward ratio.

4. Long Targets: For a long position, the next resistance level could be $0.42 (previous high), followed by $0.45 for a more extended target.

5. Stop Loss for Long: Place a stop loss below $0.32 to limit downside risk in case the trend reverses.

6. Entry for Short: A short position could be considered if the price fails to break above $0.42 and starts showing bearish divergence on indicators like RSI or MACD.

7. Short Targets: Initial short targets could be $0.34, followed by $0.30 if bearish momentum gains strength.

8. Stop Loss for Short: Set a stop loss above $0.43 to minimize losses in case of a false breakout.

9. Caution: Given the strong bullish momentum, short positions carry higher risk. Monitor closely for confirmed reversals.

10. Overall Suggestion: Favor the trend (bullish) and avoid chasing the price at its peak. Wait for retracements or clear reversal signals before entering.
#ETHOnTheRise #MicrosoftBTCInvestmentVote #CryptoMENA #BinanceTrendingTokens #NFTIsBack
LIVE
Crypto Zillion
--
Bullish
$SOL has been testing major $127 and $122 support levels.Additionally, the $122 price level of Solana serves as a strong demand zone that investors could consider as a buy-the-dip opportunity.

If it forms a cup-and-handle pattern,it could see bullish movement.

#NeiroOnBinance #meme板块关注热点 #Bonkers
Speculation Rises Over Elon Musk’s X Payment System: Which Cryptocurrency Will Lead the Way?Speculation Rises Over Elon Musk’s X Payment System: Which Cryptocurrency Will Lead the Way? Elon Musk’s ambitious vision for X (formerly Twitter) is taking another leap with the rumored development of an integrated payment system. But the burning question remains: Which cryptocurrency will spearhead this revolution? Musk has long been a vocal proponent of Dogecoin (DOGE), playfully dubbing it the “people’s crypto.” This strong affinity has driven speculation that Dogecoin might become the centerpiece of X’s payment ecosystem. Imagine tipping, paying, and even conducting global microtransactions in DOGE – a true game-changer for mainstream adoption! However, Musk’s preference for innovation could lead to surprises. Could we see Bitcoin’s Lightning Network in action? Or perhaps Ethereum’s robust smart contracts enabling seamless decentralized payments? Some speculate that Musk might even introduce a new, proprietary cryptocurrency built specifically for X. Cryptocurrency integration into X would mark a transformative milestone for the industry. It could bridge the gap between social media and financial systems, ushering in a new era of crypto adoption for billions of users. The implications for users and investors are monumental. Cryptos associated with X may witness skyrocketing demand, and the market at large could gain renewed trust and enthusiasm. For traders, this is a story to watch closely – being early could mean significant gains. What do you think? Will Dogecoin secure its spot as Musk’s favorite, or will a new player emerge? Share your thoughts, and let’s dive into this exciting journey of speculation and innovation. 🚀 Stay ahead of the curve, and don’t miss out on the potential impact of X’s payment system on the crypto world! #ElonsMusk #BNB_Market_Update #CryptoMENA

Speculation Rises Over Elon Musk’s X Payment System: Which Cryptocurrency Will Lead the Way?

Speculation Rises Over Elon Musk’s X Payment System: Which Cryptocurrency Will Lead the Way?
Elon Musk’s ambitious vision for X (formerly Twitter) is taking another leap with the rumored development of an integrated payment system. But the burning question remains: Which cryptocurrency will spearhead this revolution?
Musk has long been a vocal proponent of Dogecoin (DOGE), playfully dubbing it the “people’s crypto.” This strong affinity has driven speculation that Dogecoin might become the centerpiece of X’s payment ecosystem. Imagine tipping, paying, and even conducting global microtransactions in DOGE – a true game-changer for mainstream adoption!
However, Musk’s preference for innovation could lead to surprises. Could we see Bitcoin’s Lightning Network in action? Or perhaps Ethereum’s robust smart contracts enabling seamless decentralized payments? Some speculate that Musk might even introduce a new, proprietary cryptocurrency built specifically for X.
Cryptocurrency integration into X would mark a transformative milestone for the industry. It could bridge the gap between social media and financial systems, ushering in a new era of crypto adoption for billions of users.
The implications for users and investors are monumental. Cryptos associated with X may witness skyrocketing demand, and the market at large could gain renewed trust and enthusiasm. For traders, this is a story to watch closely – being early could mean significant gains.
What do you think? Will Dogecoin secure its spot as Musk’s favorite, or will a new player emerge? Share your thoughts, and let’s dive into this exciting journey of speculation and innovation.
🚀 Stay ahead of the curve, and don’t miss out on the potential impact of X’s payment system on the crypto world!
#ElonsMusk #BNB_Market_Update #CryptoMENA
🚀 $MBOX Ready for a Breakout?🚀 $MBOX Ready for a Breakout? Let’s Dive In! Mobox ($MBOX) is making waves on the charts, and all eyes are on its weekly timeframe. A falling wedge pattern has been forming, and as technical analysts know, this setup often signals an impending bullish breakout. Here’s why this could be a game-changer for $MBOX investors: Understanding the Pattern The falling wedge pattern is characterized by converging trendlines sloping downward, with decreasing highs and lows. This pattern indicates a potential loss of bearish momentum, setting the stage for a bullish reversal. Key Levels to Watch Resistance Zone: $MBOX needs to break above the upper trendline of the wedge for confirmation. Support Zone: Holding steady around recent lows is crucial to prevent invalidation. Volume: A spike in trading volume during the breakout will add further validity to the move. Why $MBOX is Bullish 1. Historical Trends: Similar setups have led to significant price surges in the past. 2. Market Sentiment: With rising interest in blockchain gaming and NFTs, Mobox’s fundamentals remain strong. 3. RSI Divergence: The Relative Strength Index shows bullish divergence, further supporting a potential upward move. Potential Targets If $MBOX successfully breaks out, the first target could be the previous support zone turned resistance, followed by the psychological level of $1.50. However, traders must stay cautious and manage risks effectively. Final Thoughts The current chart setup suggests an exciting time ahead for $MBOX. With a breakout on the horizon, traders and investors should stay vigilant and monitor key levels closely. Is $MBOX the next token to make headlines? Only time will tell, but the signs are promising! 📊 Do you think $MBOX will break out soon? Share your thoughts below! #MBOX #CryptoMENA

🚀 $MBOX Ready for a Breakout?

🚀 $MBOX Ready for a Breakout? Let’s Dive In!
Mobox ($MBOX) is making waves on the charts, and all eyes are on its weekly timeframe. A falling wedge pattern has been forming, and as technical analysts know, this setup often signals an impending bullish breakout. Here’s why this could be a game-changer for $MBOX investors:
Understanding the Pattern
The falling wedge pattern is characterized by converging trendlines sloping downward, with decreasing highs and lows. This pattern indicates a potential loss of bearish momentum, setting the stage for a bullish reversal.
Key Levels to Watch
Resistance Zone: $MBOX needs to break above the upper trendline of the wedge for confirmation.
Support Zone: Holding steady around recent lows is crucial to prevent invalidation.
Volume: A spike in trading volume during the breakout will add further validity to the move.
Why $MBOX is Bullish
1. Historical Trends: Similar setups have led to significant price surges in the past.
2. Market Sentiment: With rising interest in blockchain gaming and NFTs, Mobox’s fundamentals remain strong.
3. RSI Divergence: The Relative Strength Index shows bullish divergence, further supporting a potential upward move.
Potential Targets
If $MBOX successfully breaks out, the first target could be the previous support zone turned resistance, followed by the psychological level of $1.50. However, traders must stay cautious and manage risks effectively.
Final Thoughts
The current chart setup suggests an exciting time ahead for $MBOX. With a breakout on the horizon, traders and investors should stay vigilant and monitor key levels closely. Is $MBOX the next token to make headlines? Only time will tell, but the signs are promising!
📊 Do you think $MBOX will break out soon? Share your thoughts below!
#MBOX #CryptoMENA
🚀 ACX Coin Price Watch! 🚀 ACX is currently standing strong at $1.7258. 📈 With its recent perform🚀 ACX Coin Price Watch! 🚀 ACX is currently standing strong at $1.7258. 📈 With its recent performance, the 24-hour prediction hints at potential fluctuations in the $1.70-$1.80 range, depending on market sentiment and trading volume. Bulls might push ACX towards $1.80 if momentum builds, while bears could see it test support at $1.70. For traders, this is a crucial zone to monitor. Will ACX break out or consolidate? Share your thoughts and strategies in the comments! 💬 ⚡ Stay tuned to Binance for live updates and trade responsibly! 💼 #acx #Newcoinlauch #CryptoMENA

🚀 ACX Coin Price Watch! 🚀 ACX is currently standing strong at $1.7258. 📈 With its recent perform

🚀 ACX Coin Price Watch! 🚀
ACX is currently standing strong at $1.7258. 📈 With its recent performance, the 24-hour prediction hints at potential fluctuations in the $1.70-$1.80 range, depending on market sentiment and trading volume. Bulls might push ACX towards $1.80 if momentum builds, while bears could see it test support at $1.70.
For traders, this is a crucial zone to monitor. Will ACX break out or consolidate? Share your thoughts and strategies in the comments! 💬
⚡ Stay tuned to Binance for live updates and trade responsibly! 💼
#acx #Newcoinlauch #CryptoMENA
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