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š Dogecoin Price Forecast: Will DOGE Bounce Back or Dip Further? š¶š°
Hey Crypto Fam! š Dogecoin (DOGE) has been a fan favorite in the crypto space, thanks to its meme-driven hype and support from Elon Musk, aka the DogeFather. But where is DOGE heading next? Letās break it down!
š Current Market Overview
As of now, DOGE is trading around $0.26, down 3.04% in the last 24 hours. Technical indicators suggest mixed signals, with moving averages showing resistance near $0.28 and support around $0.19. If DOGE breaks below key support levels, we could see further dips to $0.13 or even $0.08.
š Can Elon Save Dogecoin Again?
Elon Musk has single-handedly influenced DOGEās price through tweets and Teslaās limited adoption of Dogecoin for merchandise. There are rumors that X (formerly Twitter) and Starlink might integrate DOGE for payments, which could trigger another massive rally!
š® Whatās Next?
1ļøā£ Breakout Potential: If DOGE holds above $0.26 and breaks past $0.30, it could signal a bullish reversal.
2ļøā£ Bearish Scenario: A fall below $0.19 might lead to deeper corrections.
3ļøā£ Long-Term Speculation: If Elon Musk officially integrates DOGE into his companies, a $1 target may still be possible!
š Final Thoughts
DOGEās future remains uncertain, but community hype and Elon Muskās influence keep it relevant. Will Dogecoin skyrocket again, or is it heading lower? Share your thoughts below! šš¶
#Dogecoin #CryptoFam #ElonMusk $DOGE #DogeToTheMoon
Hey Crypto Fam! š Dogecoin (DOGE) has been a fan favorite in the crypto space, thanks to its meme-driven hype and support from Elon Musk, aka the DogeFather. But where is DOGE heading next? Letās break it down!
š Current Market Overview
As of now, DOGE is trading around $0.26, down 3.04% in the last 24 hours. Technical indicators suggest mixed signals, with moving averages showing resistance near $0.28 and support around $0.19. If DOGE breaks below key support levels, we could see further dips to $0.13 or even $0.08.
š Can Elon Save Dogecoin Again?
Elon Musk has single-handedly influenced DOGEās price through tweets and Teslaās limited adoption of Dogecoin for merchandise. There are rumors that X (formerly Twitter) and Starlink might integrate DOGE for payments, which could trigger another massive rally!
š® Whatās Next?
1ļøā£ Breakout Potential: If DOGE holds above $0.26 and breaks past $0.30, it could signal a bullish reversal.
2ļøā£ Bearish Scenario: A fall below $0.19 might lead to deeper corrections.
3ļøā£ Long-Term Speculation: If Elon Musk officially integrates DOGE into his companies, a $1 target may still be possible!
š Final Thoughts
DOGEās future remains uncertain, but community hype and Elon Muskās influence keep it relevant. Will Dogecoin skyrocket again, or is it heading lower? Share your thoughts below! šš¶
#Dogecoin #CryptoFam #ElonMusk $DOGE #DogeToTheMoon
Spot or Futures: What to Choose
Spot trading and futures trading each have their own characteristics, advantages, and risks.
Spot Market
šµ Simplicity: Buying and selling cryptocurrencies occur instantly at the current market price.
šµ Long-term investments: Suitable for those who want to hold assets for a long time.
šµ Low risk: Less risky compared to futures as there are no margin positions.
Futures
šµ Hedging: Allows hedging risks by locking in the purchase or sale price of an asset in the future.
šµ Speculation: The possibility of profit on both rising and falling prices.
šµ High risk: Using leverage can lead to significant losses.
Choosing between spot and futures depends on your goals, risk level, and experience. Beginners are recommended to start with spot trading, while experienced traders can use futures for hedging and speculation.
CryptoFam
#Spot #Futures #cryptofam
Spot trading and futures trading each have their own characteristics, advantages, and risks.
Spot Market
šµ Simplicity: Buying and selling cryptocurrencies occur instantly at the current market price.
šµ Long-term investments: Suitable for those who want to hold assets for a long time.
šµ Low risk: Less risky compared to futures as there are no margin positions.
Futures
šµ Hedging: Allows hedging risks by locking in the purchase or sale price of an asset in the future.
šµ Speculation: The possibility of profit on both rising and falling prices.
šµ High risk: Using leverage can lead to significant losses.
Choosing between spot and futures depends on your goals, risk level, and experience. Beginners are recommended to start with spot trading, while experienced traders can use futures for hedging and speculation.
CryptoFam
#Spot #Futures #cryptofam
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Top Cryptocurrency News for October 18
šµThe EYWA cross-chain protocol team has announced the launch of the Early Farming program, where participants can earn rEYWA tokens. These can be exchanged for EYWA at a 1:1 ratio after the TGE (Token Generation Event), scheduled for the end of 2024, according to the project representatives to ForkLog.
šµMatrixport analysts have admitted that their February forecast that Bitcoin would hit $70,000 by the end of the year was ātoo conservative.ā They believe the price could surpass that threshold, especially ahead of the US elections.
šµMatrixport analysts have admitted that their February forecast that Bitcoin would hit $70,000 by the end of the year was ātoo conservative.ā They believe the price could surpass that threshold, especially ahead of the US elections.
Important News of the Week
šµ Sentient Labs, supported by the co-founder of Polygon, raised $85 million to develop an open artificial intelligence platform. This step aims to democratize AI and enhance AGI (artificial general intelligence) capabilities.
šµ Ripple, the developer of XRP Ledger, announced the launch of a new stablecoin that will compete with Tether and USDC. This step is aimed at expanding the Ripple ecosystem and increasing its market share in stablecoins.
šµ Ellipsis Labs, the developer of the decentralized exchange Phoenix based on Solana, raised $20 million in a Series A round led by Paradigm. The funds will be directed towards improving the functionality and security of the platform.
šµ The transaction volume on decentralized applications (dApp) on the Polygon platform increased by 83%, leading to increased interest in the MATIC token. Despite this, the price of MATIC faced pressure from sellers.
šµ According to CryptoQuant, Bitcoin reserves on cryptocurrency exchanges have reached a multi-year low, indicating a growing interest in storing Bitcoin off exchanges. This could impact the supply of Bitcoin on the market and potentially lead to a price increase.
CryptoFam
#Blockchain #cryptofam
šµ Sentient Labs, supported by the co-founder of Polygon, raised $85 million to develop an open artificial intelligence platform. This step aims to democratize AI and enhance AGI (artificial general intelligence) capabilities.
šµ Ripple, the developer of XRP Ledger, announced the launch of a new stablecoin that will compete with Tether and USDC. This step is aimed at expanding the Ripple ecosystem and increasing its market share in stablecoins.
šµ Ellipsis Labs, the developer of the decentralized exchange Phoenix based on Solana, raised $20 million in a Series A round led by Paradigm. The funds will be directed towards improving the functionality and security of the platform.
šµ The transaction volume on decentralized applications (dApp) on the Polygon platform increased by 83%, leading to increased interest in the MATIC token. Despite this, the price of MATIC faced pressure from sellers.
šµ According to CryptoQuant, Bitcoin reserves on cryptocurrency exchanges have reached a multi-year low, indicating a growing interest in storing Bitcoin off exchanges. This could impact the supply of Bitcoin on the market and potentially lead to a price increase.
CryptoFam
#Blockchain #cryptofam
Short-Term Resistance
Short-term resistance is a price level at which an asset faces temporary difficulties in continuing its upward movement. This occurs due to profit-taking by traders or a high volume of sell orders in that area.
How Short-Term Resistance Forms
šµ High Selling Activity
When the price reaches a certain level, many market participants start selling the asset to secure profits. This creates selling pressure and prevents further price growth.
šµ Chart Analysis
Short-term resistance levels can be identified using technical analysis. They are often found by analyzing previous price peaks, Fibonacci levels, moving averages, and high-liquidity zones.
šµ Trading Volume
A high volume of sell orders near a specific price strengthens resistance, as a significant amount of buying pressure is needed to break through it.
šµ Psychological Barriers
Round price levels (e.g., $50,000 for BTC) often act as resistance, as many traders place sell orders at these key points.
#Crypto #cryptofam
$BTC
$XRP
Short-term resistance is a price level at which an asset faces temporary difficulties in continuing its upward movement. This occurs due to profit-taking by traders or a high volume of sell orders in that area.
How Short-Term Resistance Forms
šµ High Selling Activity
When the price reaches a certain level, many market participants start selling the asset to secure profits. This creates selling pressure and prevents further price growth.
šµ Chart Analysis
Short-term resistance levels can be identified using technical analysis. They are often found by analyzing previous price peaks, Fibonacci levels, moving averages, and high-liquidity zones.
šµ Trading Volume
A high volume of sell orders near a specific price strengthens resistance, as a significant amount of buying pressure is needed to break through it.
šµ Psychological Barriers
Round price levels (e.g., $50,000 for BTC) often act as resistance, as many traders place sell orders at these key points.
#Crypto #cryptofam
$BTC
$XRP
šš„ $LUNC to the MOON! šš°
In my opinion, $LUNC is about to make a lot of people RICH! š¤āØ
Get ready for the ride because $LUNC to $0.1 is not just a dream, itās a reality in the making! š£š„
Whoās ready to join the š movement? The future looks BULLISH and the time is NOW! š„š„
Letās turn our dreams into profits! ššø
#LUNC #ToTheMoon #CryptoRich #Binance #LUNCā $0.1 #cryptofam #LetsGo #Binance #Write2Earn!
In my opinion, $LUNC is about to make a lot of people RICH! š¤āØ
Get ready for the ride because $LUNC to $0.1 is not just a dream, itās a reality in the making! š£š„
Whoās ready to join the š movement? The future looks BULLISH and the time is NOW! š„š„
Letās turn our dreams into profits! ššø
#LUNC #ToTheMoon #CryptoRich #Binance #LUNCā $0.1 #cryptofam #LetsGo #Binance #Write2Earn!
$CGPT š BUY CGPT NOW! š
š„ The market has entered a new zone ā 95k-100k š„, and CGPT is about to explode! After a long period trapped in a bear market š», the market is finally pulling back with full force š„. The downtrend is OVER, and the bulls š are back! Nowās the time for CGPT to soar š.
š The charts are looking š„, and weāre entering the breakout phase. CGPT is set to take off to new heights ā donāt miss the rocket š! This is your chance to get in before the big moves happen š. The market is primed for growth, and CGPT is at the forefront of the next massive rally š.
š HODL tight because CGPT is ready to go to the moon š! The wait is OVER, and the time to act is NOW. BUY CGPT, HODL, and get ready for some serious gains!
ā Donāt wait for the next surge to pass by ā buy CGPT now before it blows the charts up! š
#CGPT #Crypto #BullMarket #BuyCGPT #CryptoToTheMoon #MarketBreakout #HODL #CryptoGains #ToTheMoon #InvestNow #cryptofam
š„ The market has entered a new zone ā 95k-100k š„, and CGPT is about to explode! After a long period trapped in a bear market š», the market is finally pulling back with full force š„. The downtrend is OVER, and the bulls š are back! Nowās the time for CGPT to soar š.
š The charts are looking š„, and weāre entering the breakout phase. CGPT is set to take off to new heights ā donāt miss the rocket š! This is your chance to get in before the big moves happen š. The market is primed for growth, and CGPT is at the forefront of the next massive rally š.
š HODL tight because CGPT is ready to go to the moon š! The wait is OVER, and the time to act is NOW. BUY CGPT, HODL, and get ready for some serious gains!
ā Donāt wait for the next surge to pass by ā buy CGPT now before it blows the charts up! š
#CGPT #Crypto #BullMarket #BuyCGPT #CryptoToTheMoon #MarketBreakout #HODL #CryptoGains #ToTheMoon #InvestNow #cryptofam
$BTC šØ Bitcoin dips below $103K today, but is this the perfect time to stack sats? š§ Donāt sleep on these opportunities, #cryptofam ! š„ Whatās your strategy? #bitcoin #CryptoTraders #BuyTheDip #BTC
Nigeria is developing its own blockchain called "Nigerium" to ensure data sovereignty. The National Information Technology Development Agency (NITDA) states that this will help protect national data and enhance security.
Looks like we will soon have a new cryptocurrency trend ā national blockchains!
CryptoFam
#Nigerium #cryptofam
Looks like we will soon have a new cryptocurrency trend ā national blockchains!
CryptoFam
#Nigerium #cryptofam
Blockchain and cryptocurrencies are coming together to counter the potential negative effects of artificial intelligence (AI) applications. These technologies can help authenticate content, verify identities, and facilitate financial transactions using stablecoins. This collaboration aims to create a secure and transparent digital ecosystem, reducing the risks of counterfeiting and cybercrime.
CryptoFam
#Blockchain #Crypto #cryptofam
CryptoFam
#Blockchain #Crypto #cryptofam
According to an expert, the SEC is likely to approve the trading of spot Ethereum ETFs as early as July 15. This event could significantly impact the cryptocurrency market, especially the price of Ethereum.
The approval of ETFs is expected to attract a substantial number of institutional investors.
Well, it looks like Ethereum is about to start a summer race. šāā”ļø
#CryptoFam
#ETF #cryptofam
The approval of ETFs is expected to attract a substantial number of institutional investors.
Well, it looks like Ethereum is about to start a summer race. šāā”ļø
#CryptoFam
#ETF #cryptofam
How Mining Works in Simple Terms
Mining is the process of creating new cryptocurrency coins and confirming transactions on the blockchain network. Let's break down this process step by step.
Mining Process
šµ Transaction Collection. There are many transactions in the network. Miners collect them into one block.
šµ Solving the Problem. To add a block to the blockchain, miners must solve a mathematical problem. This task requires significant computational power and time.
šµ Confirming and Adding the Block. Once the problem is solved, the block is added to the blockchain, and all network participants see this new block.
šµ Reward. The miner who solved the problem receives a reward in the form of new cryptocurrency and fees for the processed transactions.
Mining performs two important functions:
šµ Creating New Coins. This is the only way to create new coins in the network.
šµ Transaction Confirmation. Mining ensures the security and reliability of the network by confirming transactions and protecting the blockchain from fraud.
Mining requires significant investments in equipment and electricity, becomes more difficult and expensive with the increase in the number of miners, and price fluctuations in cryptocurrencies affect its profitability.
CryptoFam
#Mining #cryptofam
Mining is the process of creating new cryptocurrency coins and confirming transactions on the blockchain network. Let's break down this process step by step.
Mining Process
šµ Transaction Collection. There are many transactions in the network. Miners collect them into one block.
šµ Solving the Problem. To add a block to the blockchain, miners must solve a mathematical problem. This task requires significant computational power and time.
šµ Confirming and Adding the Block. Once the problem is solved, the block is added to the blockchain, and all network participants see this new block.
šµ Reward. The miner who solved the problem receives a reward in the form of new cryptocurrency and fees for the processed transactions.
Mining performs two important functions:
šµ Creating New Coins. This is the only way to create new coins in the network.
šµ Transaction Confirmation. Mining ensures the security and reliability of the network by confirming transactions and protecting the blockchain from fraud.
Mining requires significant investments in equipment and electricity, becomes more difficult and expensive with the increase in the number of miners, and price fluctuations in cryptocurrencies affect its profitability.
CryptoFam
#Mining #cryptofam
š $PEPE : Meme Magic in Action! š
š„ Current Price: $0.00002430 (-0.98%)
š 24h High: $0.00002487
š 24h Low: $0.00002306
š 24h Volume (PEPE): 18.39T
š° 24h Volume (USDT): 439.35M
š Depth Highlights:
š¹ Top Bid: $0.00002870
š¹ Top Ask: $0.00002623
š¹ Current Price: $0.00002430
š„ PEPE: A leme Coin with Momentum!
PEPE keeps the excitement alive with huge 24-hour volume and a steady market presence! Although it's down slightly today, the volume is still strong. Could this be a great buy opportunity?
š Join the PEPE Revolution!
š„ Trade Now on Binance! š„
#PEPE #MemeCoin #CryptoTrading #PepeCoin #CryptoFam
š„ Current Price: $0.00002430 (-0.98%)
š 24h High: $0.00002487
š 24h Low: $0.00002306
š 24h Volume (PEPE): 18.39T
š° 24h Volume (USDT): 439.35M
š Depth Highlights:
š¹ Top Bid: $0.00002870
š¹ Top Ask: $0.00002623
š¹ Current Price: $0.00002430
š„ PEPE: A leme Coin with Momentum!
PEPE keeps the excitement alive with huge 24-hour volume and a steady market presence! Although it's down slightly today, the volume is still strong. Could this be a great buy opportunity?
š Join the PEPE Revolution!
š„ Trade Now on Binance! š„
#PEPE #MemeCoin #CryptoTrading #PepeCoin #CryptoFam
$PEPE
Yo fam! šø Your meme coin bestie here with that PEPE prediction that's fresher than my morning coffee! āļø
Current Price: $0.00002041 (hopping higher than my hopes on Monday morning! šø)
Quick Stats (trust me like you trust pizza delivery times š):
Support: $0.00001980 (solid like my gym promises šŖ)
Resistance: $0.00002150 (harder to break than my TikTok addiction š±)
Quick OCO Setup (simpler than my dating bio š):
Entry: $0.00002036
TP: $0.00002200 (juicier than gossip at a family reunion š¤)
SL: $0.00001950 (like my bank account - won't go lower! šø)
24hr Prediction (more accurate than my mom finding things in my room š):
Aiming for $0.00002150-$0.00002200! Chart's looking greener than my neighbor's grass! š±
#pepecoin #Memelife #ToTheMoon2024 #CryptoFam #RareHolyPepe šø
Risk Management tip: Size your position like your portion control at a buffet - don't get too crazy! š½ļø
WAGMI! š (Unless you FOMO harder than me at a shoe sale š)
Remember fam, even Pepe needs to rest sometimes, so don't forget those stop losses! š
Not financial advice, just your friendly neighborhood PEPE whisperer! š Let's get this bread (or flies, since we're frogs! šŖ°)
Yo fam! šø Your meme coin bestie here with that PEPE prediction that's fresher than my morning coffee! āļø
Current Price: $0.00002041 (hopping higher than my hopes on Monday morning! šø)
Quick Stats (trust me like you trust pizza delivery times š):
Support: $0.00001980 (solid like my gym promises šŖ)
Resistance: $0.00002150 (harder to break than my TikTok addiction š±)
Quick OCO Setup (simpler than my dating bio š):
Entry: $0.00002036
TP: $0.00002200 (juicier than gossip at a family reunion š¤)
SL: $0.00001950 (like my bank account - won't go lower! šø)
24hr Prediction (more accurate than my mom finding things in my room š):
Aiming for $0.00002150-$0.00002200! Chart's looking greener than my neighbor's grass! š±
#pepecoin #Memelife #ToTheMoon2024 #CryptoFam #RareHolyPepe šø
Risk Management tip: Size your position like your portion control at a buffet - don't get too crazy! š½ļø
WAGMI! š (Unless you FOMO harder than me at a shoe sale š)
Remember fam, even Pepe needs to rest sometimes, so don't forget those stop losses! š
Not financial advice, just your friendly neighborhood PEPE whisperer! š Let's get this bread (or flies, since we're frogs! šŖ°)
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Top 5 Cryptocurrencies to Buy in 2025$BTC
The cryptocurrency market continues to evolve, and selecting the right assets can be the key to long-term success. Here are the top 5 cryptocurrencies to watch in 2025, based on their growth potential, utility, and market trends:
šµ Rollblock (ROLL)
A rising star in the blockchain world, Rollblock focuses on scalability and cross-chain interoperability. Its efficient smart contract framework makes it a key player for decentralized applications (dApps) and decentralized finance (DeFi).
šµ Litecoin (LTC)
Often referred to as ādigital cash,ā Litecoin has consistently demonstrated its reliability and steady growth. With its upcoming protocol upgrades, it remains a favorite for fast and low-cost transactions, especially in a post-halving market.
šµ Shiba Inu (SHIB)
The popular meme coin has outgrown its roots, with strong community support and a growing ecosystem. Its second-layer solution, Shibarium, promises scalability and new use cases, making SHIB much more than a speculative asset.
šµ Binance Coin (BNB)
The cornerstone of the Binance ecosystem, BNB powers one of the largest exchanges and a robust DeFi ecosystem. Its deflationary model and growing use cases on the Binance Smart Chain (BSC) make it a strong candidate for the long term.
šµ Avalanche (AVAX)
Renowned for its fast transactions and green protocol, Avalanche is gaining popularity as the blockchain of choice for dApps, NFTs, and enterprise solutions. Its ongoing partnerships underscore its commitment to scalability and real-world applications.
Why these cryptocurrencies?
Each cryptocurrency on this list has demonstrated resilience, innovation, or growing adoption.As we approach 2025,
CryptoFam#Crypto#cryptofam
The cryptocurrency market continues to evolve, and selecting the right assets can be the key to long-term success. Here are the top 5 cryptocurrencies to watch in 2025, based on their growth potential, utility, and market trends:
šµ Rollblock (ROLL)
A rising star in the blockchain world, Rollblock focuses on scalability and cross-chain interoperability. Its efficient smart contract framework makes it a key player for decentralized applications (dApps) and decentralized finance (DeFi).
šµ Litecoin (LTC)
Often referred to as ādigital cash,ā Litecoin has consistently demonstrated its reliability and steady growth. With its upcoming protocol upgrades, it remains a favorite for fast and low-cost transactions, especially in a post-halving market.
šµ Shiba Inu (SHIB)
The popular meme coin has outgrown its roots, with strong community support and a growing ecosystem. Its second-layer solution, Shibarium, promises scalability and new use cases, making SHIB much more than a speculative asset.
šµ Binance Coin (BNB)
The cornerstone of the Binance ecosystem, BNB powers one of the largest exchanges and a robust DeFi ecosystem. Its deflationary model and growing use cases on the Binance Smart Chain (BSC) make it a strong candidate for the long term.
šµ Avalanche (AVAX)
Renowned for its fast transactions and green protocol, Avalanche is gaining popularity as the blockchain of choice for dApps, NFTs, and enterprise solutions. Its ongoing partnerships underscore its commitment to scalability and real-world applications.
Why these cryptocurrencies?
Each cryptocurrency on this list has demonstrated resilience, innovation, or growing adoption.As we approach 2025,
CryptoFam#Crypto#cryptofam
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Top Cryptocurrency News for October 8
šµ MARA, one of the largest publicly traded Bitcoin mining companies, has launched an exciting new pilot program to power its operations using excess natural gas from U.S. shale fields, as reported by Reuters. The move comes as the battle for energy between artificial intelligence (AI) data centers and Bitcoin mining operations continues.
šµ Cryptocurrency trading platform Bison, owned by Boerse Stuttgart Group, recently launched a staking insurance service for its Ethereum customers. The move aims to provide security against the risks associated with staking cryptocurrencies. It also allows customers to stake as little as 0.005 Ethereum (ETH) and receive weekly rewards.
šµ According to analytics platform Lookonchain, a large Ethereum holder who participated in Ethereumās initial coin offering (ICO) has transferred 5,000 ETH to cryptocurrency exchange Kraken. These crypto assets are currently valued at $12.22 million.
šµ Crypto.com has filed a lawsuit against the SEC after receiving a Wells notice. Crypto.com claims that the SEC overstepped its jurisdiction and disputes the agencyās claim that most cryptocurrencies are securities.
šµ Binance has announced the 60th project on Binance Launchpool ā Scroll (SCR). Users will be able to lock up their BNB and FDUSD to receive SCR for two days. Farming will begin on October 9 at 03:00 MSK, and Binance Pre-Market will then list SCR on October 11 at 13:00 MSK.
CryptoFam#Crypto#cryptofam #CashTag #CryptoBuzz
šµ MARA, one of the largest publicly traded Bitcoin mining companies, has launched an exciting new pilot program to power its operations using excess natural gas from U.S. shale fields, as reported by Reuters. The move comes as the battle for energy between artificial intelligence (AI) data centers and Bitcoin mining operations continues.
šµ Cryptocurrency trading platform Bison, owned by Boerse Stuttgart Group, recently launched a staking insurance service for its Ethereum customers. The move aims to provide security against the risks associated with staking cryptocurrencies. It also allows customers to stake as little as 0.005 Ethereum (ETH) and receive weekly rewards.
šµ According to analytics platform Lookonchain, a large Ethereum holder who participated in Ethereumās initial coin offering (ICO) has transferred 5,000 ETH to cryptocurrency exchange Kraken. These crypto assets are currently valued at $12.22 million.
šµ Crypto.com has filed a lawsuit against the SEC after receiving a Wells notice. Crypto.com claims that the SEC overstepped its jurisdiction and disputes the agencyās claim that most cryptocurrencies are securities.
šµ Binance has announced the 60th project on Binance Launchpool ā Scroll (SCR). Users will be able to lock up their BNB and FDUSD to receive SCR for two days. Farming will begin on October 9 at 03:00 MSK, and Binance Pre-Market will then list SCR on October 11 at 13:00 MSK.
CryptoFam#Crypto#cryptofam #CashTag #CryptoBuzz
ššø Massive Mint Alert! šøš
šµ 50,540,000 USDC minted at the USDC Treasury, valued at a staggering $50,519,397 USD! š°āØ
Is the market gearing up for something big? Stay sharp, #CryptoFam ! š„š $USDC
$BTC
$ETH
šµ 50,540,000 USDC minted at the USDC Treasury, valued at a staggering $50,519,397 USD! š°āØ
Is the market gearing up for something big? Stay sharp, #CryptoFam ! š„š $USDC
$BTC
$ETH
Bitcoin Halving: What It Is and How It Affects the Market
Halving is a process in which the reward for miners for a mined block in the Bitcoin network is reduced by half. This mechanism is embedded in Bitcoinās code and occurs every 210,000 blocks (approximately once every four years).
How Halving Works
šµ Reward Reduction
Initially, miners received 50 BTC per block. After the first halving in 2012, the reward was reduced to 25 BTC, in 2016 to 12.5 BTC, and in 2020 to 6.25 BTC. The next halving is expected in 2024, reducing the reward to 3.125 BTC.
šµ Impact on Supply
Halving decreases the rate at which new Bitcoins enter the market, making the asset scarcer. Bitcoinās protocol limits the total supply to 21 million BTC.
šµ Effect on Price
Historically, halvings have been accompanied by an increase in Bitcoinās price. A reduced supply, combined with steady or increasing demand, leads to asset appreciation. However, market reactions may vary depending on overall economic conditions and investor sentiment.
šµ Consequences for Miners
The reduction in block rewards lowers mining profitability, especially for smaller market participants. This can lead to a temporary decline in hashrate and a concentration of mining among larger players with lower costs.
šµ Long-Term Outlook
Halving makes Bitcoin more resistant to inflation, making it similar to scarce assets like gold. Many investors see halving as a key factor in long-term BTC accumulation and storage strategies.
#cryptouniverseofficial #cryptofam
$BTC
$BNB
$SOL
Halving is a process in which the reward for miners for a mined block in the Bitcoin network is reduced by half. This mechanism is embedded in Bitcoinās code and occurs every 210,000 blocks (approximately once every four years).
How Halving Works
šµ Reward Reduction
Initially, miners received 50 BTC per block. After the first halving in 2012, the reward was reduced to 25 BTC, in 2016 to 12.5 BTC, and in 2020 to 6.25 BTC. The next halving is expected in 2024, reducing the reward to 3.125 BTC.
šµ Impact on Supply
Halving decreases the rate at which new Bitcoins enter the market, making the asset scarcer. Bitcoinās protocol limits the total supply to 21 million BTC.
šµ Effect on Price
Historically, halvings have been accompanied by an increase in Bitcoinās price. A reduced supply, combined with steady or increasing demand, leads to asset appreciation. However, market reactions may vary depending on overall economic conditions and investor sentiment.
šµ Consequences for Miners
The reduction in block rewards lowers mining profitability, especially for smaller market participants. This can lead to a temporary decline in hashrate and a concentration of mining among larger players with lower costs.
šµ Long-Term Outlook
Halving makes Bitcoin more resistant to inflation, making it similar to scarce assets like gold. Many investors see halving as a key factor in long-term BTC accumulation and storage strategies.
#cryptouniverseofficial #cryptofam
$BTC
$BNB
$SOL
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What is a No-Coiner
A no-coiner is a slang term used in the cryptocurrency community to describe someone who does not own any cryptocurrency and may approach it with suspicion or negativity.
No-coiners often think that cryptocurrencies are a temporary phenomenon, a bubble, a scam, or simply do not see any value in them.
Key characteristics of a no-coiner:
šµSkepticism: No-coiners are often skeptical of cryptocurrencies and do not believe in their long-term viability.
šµLack of investments: No-coiners typically do not own Bitcoin, Ether, or other digital assets.
šµCrypto Industry Criticism: No-coiners may criticize cryptocurrency projects due to their high volatility, lack of real collateral, potential regulatory risks, or fraud in the industry.
šµOpposition to Bitcoiners: In the context of the cryptocurrency community, no-coiners are often opposed to Bitcoiners and other cryptocurrency enthusiasts who actively invest in and promote crypto.
Why the term emerged:
The term "no-coiner" emerged as a form of mockery towards those who did not buy cryptocurrencies when the price was low and now feel left out or envious due to the rise in value. In some cases, no-coiners may express regret or even jealousy towards those who managed to profit from the rise of crypto assets.
CryptoFam#NoCoiner#cryptofam #IntroToCopytrading #community
A no-coiner is a slang term used in the cryptocurrency community to describe someone who does not own any cryptocurrency and may approach it with suspicion or negativity.
No-coiners often think that cryptocurrencies are a temporary phenomenon, a bubble, a scam, or simply do not see any value in them.
Key characteristics of a no-coiner:
šµSkepticism: No-coiners are often skeptical of cryptocurrencies and do not believe in their long-term viability.
šµLack of investments: No-coiners typically do not own Bitcoin, Ether, or other digital assets.
šµCrypto Industry Criticism: No-coiners may criticize cryptocurrency projects due to their high volatility, lack of real collateral, potential regulatory risks, or fraud in the industry.
šµOpposition to Bitcoiners: In the context of the cryptocurrency community, no-coiners are often opposed to Bitcoiners and other cryptocurrency enthusiasts who actively invest in and promote crypto.
Why the term emerged:
The term "no-coiner" emerged as a form of mockery towards those who did not buy cryptocurrencies when the price was low and now feel left out or envious due to the rise in value. In some cases, no-coiners may express regret or even jealousy towards those who managed to profit from the rise of crypto assets.
CryptoFam#NoCoiner#cryptofam #IntroToCopytrading #community
Important events of the week
šµ Bitcoin surpassed $60,000 following an assassination attempt on former President Trump, causing market volatility. Traders estimate his chances of returning to the White House at 70%.
šµ The launch of DeepMind's JEST algorithm made AI model training faster, cheaper, and greener, improving performance by 13 times and increasing energy efficiency by 10 times.
šµ Coinbase highlighted uncertainty in the Bitcoin and Ethereum markets in the third quarter of 2024 due to the potential approval of the Ethereum ETF and the upcoming U.S. elections.
šµ PC market growth driven by AI interest, with Apple leading, showing a 20.8% increase in Mac sales in the second quarter of 2024.
šµ Binance reached 200 million users and obtained licenses in 18 jurisdictions, setting a record among centralized exchanges.
CryptoFam
#News #cryptofam
šµ Bitcoin surpassed $60,000 following an assassination attempt on former President Trump, causing market volatility. Traders estimate his chances of returning to the White House at 70%.
šµ The launch of DeepMind's JEST algorithm made AI model training faster, cheaper, and greener, improving performance by 13 times and increasing energy efficiency by 10 times.
šµ Coinbase highlighted uncertainty in the Bitcoin and Ethereum markets in the third quarter of 2024 due to the potential approval of the Ethereum ETF and the upcoming U.S. elections.
šµ PC market growth driven by AI interest, with Apple leading, showing a 20.8% increase in Mac sales in the second quarter of 2024.
šµ Binance reached 200 million users and obtained licenses in 18 jurisdictions, setting a record among centralized exchanges.
CryptoFam
#News #cryptofam
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