Latest MarketForecast News, Opinions, & Feed Today

CryptoVerseHub

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Bullish

Initially ridiculed, now they inquire about the strategy.

I experienced it firsthand.

I was branded "foolish" for buying Bitcoin at $15k, but it marked the market's bottom.

They unfollowed me, when I predicted a bounce at $50k; Now, they are just waiting for any pullback to get in.

The Truth is, many people are sidelined.

I foresee this Bitcoin cycle as the most significant, and the biggest and this will be liberating many of my followers financially.

Ignore at your peril; and you’ll waste this final crypto bull run.

Regrets will abound for those who delay and are not following me earlier.

#Write2Eam #CryptoInsights #MarketForecast #cryptoversehub

$BTC

BTC

Jack Wizz

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ETH is similar to BTC last time at first days ETF trading.
Patiently wait about 7 -10 days to see the bottom.
#BTC500K #ETH #ETFvsBTC #ETF✅ #MarketForecast

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Which Exchange You Like the most for trade?
If you are using any other exchange, Please Let us know.
Share your opinion with us!!!
#BinanceSquareFamily #tradingpsychology #tradingtechnique #MarketForecast

Binance

92%

Bybit

4%

Kucoin

0%

Mexc

4%

27 votes • Voting closed

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Today's panic and greed index is 34 and the rating is Fear.

Today's panic and greed index is 34 (yesterday was 39), and the rating is Fear. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market research (15%) + Bitcoin’s proportion of the entire market (10%) + Google hot word analysis (10%).

#fearandgreedindex #MarketSentimentToday #MarketForecast #BinanceSquareFamily #Binance

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AUD USD tested the resistance level of 0.67950

#USDTUSDT #MarketForecast #MarketUpdate
#TradingPredictions #BinanceSquareFamily

General outlook

AUDUSD has been under buying pressure within the last couple of hours.

Support levels are now located at 0.67000 and 0.66000.

Now, the resistance level is located at 0.67950.

Analysts recommend opening a Sell order with a stop loss above the previous high.

The upcoming news will not influence your orders within the mentioned period.

Some traders may close their positions on Friday, which can add more pressure to the market

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USD JPY is moving within the 145.830–150.900 range

#MarketSentimentToday #MarketForecast #USDT。 #tradingtechnique #TradingSecrets

General outlook

USDJPY has been trading in a sideways market within the last day.

Support levels are now located at 145.830 and 141.900.

If the pair rebounds from the support level, analysts recommend opening a Buy order with a take profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order.

Now, the resistance level is located at 150.900.The upcoming news will not influence your orders within the mentioned period.

Some traders may close their positions on Friday, which can add more pressure to the market.

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GBP USD is moving within the 1.31300–1.34200 range

#Market_Update #MarketInsights #MarketForecast
#tradingtechnique #usdtgiveaway

General outlook :

GBPUSD has been trading in a bullish trend within the last day.

Support levels are now located at 1.31300 and 1.29350.

If the pair rebounds from the support level, analysts recommend opening a Buy order with a take profit at the nearest resistance level.

In case the breakout is confirmed, analysts suggest opening a Sell order.

Now, the resistance level is located at 1.34200.

The upcoming news will not influence your orders within the mentioned period.

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USD JPY formed a bearish Three Black Crows pattern

#USDTfree #MarketForecast #MarketInsights
#TradingSecrets #Binance

General outlook

USDJPY has been trading in a bearish trend within the last day.

Now, the price displays a bearish Three Black Crows pattern.

The price is ready to drop.

The upcoming news will not influence your orders within the mentioned period.

Some traders may close their positions on Friday, which can add more pressure to the market.

Stable Coin Market Surges $2.21 Billion in a Week as Tether, PYUSD lead the way#Stablecoins #Write2Earn! #Binance #tether #MarketForecast $BTC $ETH $USDC The Stablecoin market has seen significant growth recently, expanding by $2.21 billion in around a week between August 9 and August 18. Tether, the cryptocurrency stable coin, was at the core of this increase, contributing 1.26 billion USDT to its supply, which now represents 69.4 per cent of the $168.42 billion stablecoin market. This marks a splendid 2.9 per cent growth for Tether in the last 30 days. On the other hand, the PayPal-backed PYUSD stablecoin has also witnessed impressive growth. Within just ten days, PYUSD's supply surged by as much as $140.9 million, turning it into the sixth largest stable coin, with a market cap reaching $828.86 million as of August 18. This represents an eye-catching 41.5 per cent surge in PYUSD's supply since mid-July 2024. Performance of other stablecoins: key observations In correlation, the performance of other major stablecoins was mixed. USD Coin (USDC) rose 3.3 per cent over the last month. Meanwhile, Makerdao's DAI saw a slight decrease of 1 per cent, and Ethena's USDE dropped by around 9.2 per cent, struggling to maintain its $3 billion market cap. Further, First Digital's FDUSD experienced a notable 17.2 per cent rise in supply, contrasting with the stagnation seen in other stablecoins like Frax Dollar (FRAX) and True USD (TUSD), among others. Several other smaller stablecoins also had shown varied results, with Alchemix USD (ALUSD) increasing by 1.1 per cent and Aave's GHO climbing by 19 per cent since July 19. However, Paxos' USDP and Gemini Dollar (GUSD) saw declines of 6.5 per cent and 6.9 per cent respectively. Thus, the recent surge in the stablecoin market is mainly driven by Tether and PYUSD, indicating a growing desire for these coins within the broader crypto economy. As the market develops and evolves, the performance of these stablecoins will continue to shape the digital asset landscape.

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Stable Coin Market Surges $2.21 Billion in a Week as Tether, PYUSD lead the way

#Stablecoins #Write2Earn! #Binance #tether #MarketForecast
$BTC
$ETH
$USDC

The Stablecoin market has seen significant growth recently, expanding by $2.21 billion in around a week between August 9 and August 18. Tether, the cryptocurrency stable coin, was at the core of this increase, contributing 1.26 billion USDT to its supply, which now represents 69.4 per cent of the $168.42 billion stablecoin market. This marks a splendid 2.9 per cent growth for Tether in the last 30 days.
On the other hand, the PayPal-backed PYUSD stablecoin has also witnessed impressive growth. Within just ten days, PYUSD's supply surged by as much as $140.9 million, turning it into the sixth largest stable coin, with a market cap reaching $828.86 million as of August 18. This represents an eye-catching 41.5 per cent surge in PYUSD's supply since mid-July 2024.
Performance of other stablecoins: key observations
In correlation, the performance of other major stablecoins was mixed. USD Coin (USDC) rose 3.3 per cent over the last month. Meanwhile, Makerdao's DAI saw a slight decrease of 1 per cent, and Ethena's USDE dropped by around 9.2 per cent, struggling to maintain its $3 billion market cap.
Further, First Digital's FDUSD experienced a notable 17.2 per cent rise in supply, contrasting with the stagnation seen in other stablecoins like Frax Dollar (FRAX) and True USD (TUSD), among others.

Several other smaller stablecoins also had shown varied results, with Alchemix USD (ALUSD) increasing by 1.1 per cent and Aave's GHO climbing by 19 per cent since July 19. However, Paxos' USDP and Gemini Dollar (GUSD) saw declines of 6.5 per cent and 6.9 per cent respectively.
Thus, the recent surge in the stablecoin market is mainly driven by Tether and PYUSD, indicating a growing desire for these coins within the broader crypto economy. As the market develops and evolves, the performance of these stablecoins will continue to shape the digital asset landscape.

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Bitcoin awaits Powell’s Jackson Hole speech #MarketSentimentToday #bitcoin #btcupdates2024 #CryptoNewss #MarketForecast BTCUSD Bitcoin (BTC) moved sideways on Thursday after reaching $61,000 on Wednesday following the release of the Federal Open Market Committee (FOMC) minutes. Possible effects for traders According to the FOMC minutes, the Federal Reserve (Fed) will likely ease monetary policy at its next meeting, contingent on upcoming data meeting expectations. The minutes also revealed that some policymakers favoured a 25-basis-point rate cut at the July meeting. However, the Fed ultimately decided to keep rates unchanged. As a result, the U.S. Dollar Index (DXY) hit new lows for 2024. Fluctuations in the DXY can influence BTC, as a weakening U.S. dollar (USD) often leads investors to turn to alternative assets like Bitcoin, driving its value higher.On the other hand, global liquidity (M2) is on an upward trend. M2 represents the total money supply within the global economy, encompassing checking accounts, savings accounts, and other liquid assets that can be easily converted to cash. Typically, risk assets like Bitcoin tend to correlate positively with increasing liquidity. The connection between Bitcoin's price and M2 rise signals broader market sentiment and economic conditions. It indicates a loose monetary policy and a growing money supply, often supporting risk assets such as cryptocurrencies. As Cryptonary noted, ‘BTC is the most sensitive asset to liquidity. Historically, a 10% increase in global liquidity has corresponded to a 40% increase in Bitcoin's price’.BTCUSD rose during the Asian and early European trading sessions. Today, all eyes will be on Fed Chair Jerome Powell's speech at the Jackson Hole symposium due at 2:00 p.m. UTC. Powell's comments may cause market volatility, particularly in risk-sensitive assets like Bitcoin. Unlike traditional trading instruments such as stocks and currencies, Bitcoin will continue to react to Friday's news events over the weekend.

Bitcoin awaits Powell’s Jackson Hole speech

#MarketSentimentToday #bitcoin #btcupdates2024 #CryptoNewss
#MarketForecast

BTCUSD

Bitcoin (BTC) moved sideways on Thursday after reaching $61,000 on Wednesday following the release of the Federal Open Market Committee (FOMC) minutes.

Possible effects for traders

According to the FOMC minutes, the Federal Reserve (Fed) will likely ease monetary policy at its next meeting, contingent on upcoming data meeting expectations. The minutes also revealed that some policymakers favoured a 25-basis-point rate cut at the July meeting. However, the Fed ultimately decided to keep rates unchanged. As a result, the U.S. Dollar Index (DXY) hit new lows for 2024. Fluctuations in the DXY can influence BTC, as a weakening U.S. dollar (USD) often leads investors to turn to alternative assets like Bitcoin, driving its value higher.On the other hand, global liquidity (M2) is on an upward trend. M2 represents the total money supply within the global economy, encompassing checking accounts, savings accounts, and other liquid assets that can be easily converted to cash. Typically, risk assets like Bitcoin tend to correlate positively with increasing liquidity. The connection between Bitcoin's price and M2 rise signals broader market sentiment and economic conditions. It indicates a loose monetary policy and a growing money supply, often supporting risk assets such as cryptocurrencies. As Cryptonary noted, ‘BTC is the most sensitive asset to liquidity. Historically, a 10% increase in global liquidity has corresponded to a 40% increase in Bitcoin's price’.BTCUSD rose during the Asian and early European trading sessions. Today, all eyes will be on Fed Chair Jerome Powell's speech at the Jackson Hole symposium due at 2:00 p.m. UTC. Powell's comments may cause market volatility, particularly in risk-sensitive assets like Bitcoin. Unlike traditional trading instruments such as stocks and currencies, Bitcoin will continue to react to Friday's news events over the weekend.

BTC

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Today's panic and greed index is 26 and the rating is fear.

#fearandgreedindex #fear #MarketSentimentToday
#MarketForecast #MarketActivity

Today's panic and greed index is 26 (yesterday was 26), and the rating is fear. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market research (15%) + Bitcoin’s proportion of the entire market (10%) + Google hot word analysis (10%).

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🚨JUST IN: 🇺🇸 S&P 500 just had its BEST DAY since November 2022, rising 2.3% 🚀
#MarketSentimentToday #MarketForecast #CryptoNewss #CryptoDailyInsight

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⚠️ Canadian Crypto Scandal: ezBtc's $9.5M Misappropriation Shakes Investor Trust

💬 A shocking revelation from the British Columbia Securities Commission has sent ripples through the crypto community. Canadian cryptocurrency exchange ezBtc and its founder, David Smillie, have been accused of misappropriating approximately CAD 13 million ($9.5 million) of users' funds. The platform, which ceased operations in 2019, allegedly diverted 935.46 Bitcoin and 159 Ether for personal use and gambling, contradicting claims of secure cold storage.

▶️ This fraud affected over 2,300 Bitcoin and 600 Ether investments from numerous users. The BCSC panel found that nearly one-third of user funds were transferred to gambling websites and personal accounts. Sanctions against Smillie are expected by September 24, potentially including monetary penalties and market participation bans.

#ScamRiskWarning #scam #CryptoNewss #MarketForecast #BinanceSquareFamily

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In the four-hour chart, it continues to oscillate, with the Bollinger Bands compressing and opening in a sideways state. The structural oscillation combined with the support of the middle band indicates that the coin price is in a phase of consolidation and poised for a move. Currently, the upper resistance is around the 61000 area. Today, encountering the Friday change point, the main strategy revolves around operating within the upper and middle bands of the four-hour Bollinger Bands.

#MarketSentimentToday #MarketForecast #BTC #Binance #Ethereum

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We are going Good 🚀🚀🚀
#ProfitWithConfidence #tradingtechnique #tradingpsychology #BinanceEverywhere #MarketForecast