An interesting fact about crypto today

Is the growing acceptance and adoption of cryptocurrencies by traditional financial institutions and corporations. Major banks, investment firms, and companies like PayPal, Square, and Tesla have started to integrate cryptocurrencies into their operations, whether by offering crypto trading services, accepting crypto payments, or even investing in Bitcoin as a reserve asset. This mainstream acceptance signifies a significant shift in the perception and use of cryptocurrencies, potentially paving the way for broader adoption and integration into everyday financial transactions.

#pay2earn #crytpo #Write2Earrn

How is the Crypto Market Performing?

The crypto market is swinging from left to right, comfortable in limited range and smooth curves. The FTX fallout in the year 2022 shook the market and turned it downside. This year gave a fresh and positive perspective to major cryptocurrencies like Ethereum and Bitcoin, which gradually turned green helped by the relaxed macroeconomic situation of macroeconomic and cooling inflation.

Nevertheless, the market sentiments have slowly turned from fear to greed and then to neutral. This is the nature of the crypto market which is highly volatile and unpredictable. The cryptocurrencies were showing a sign of stability last month but due to the U.S. inflation and its impact on liquidity#crytpo #BinanceSquareTalks

Retest of 55K is still in the cards.

There are some major levels of resistance being respected currently.

*not an advice ,not a recommendation for a trade.

#Bitcoin #crytpo #BTCUSD

BTC daily bullishness and bearishness (December 11, 2023)

BTC (Bitcoin)
💰Good news:
Increased attention from institutional investors: Recently, Bitcoin funds have attracted nearly $133 million in inflows from institutional investors.
ETF Application Update: BlackRock and Bitwise recently updated their applications for Bitcoin ETFs, suggesting that approval of Bitcoin ETFs may be imminent.
Strong Price Action: Bitcoin reached a new 19-month high on December 8, peaking at $44,729, and analysis on December 10 showed it was in a large upgrade channel with sideways resistance around $48,000.
Market expectations are positive: traders are optimistic about Bitcoin price reaching $50,000.

💧Bad news:
Potential Price Retracement Risk: Despite Bitcoin’s strong price performance, analyst Justin Bennett warned that Bitcoin’s upward trend could quickly reverse once the target price is reached.
Technical Challenges: Bitcoin Core developers noted that Ordinals are considered a “bug” that is expected to be fixed in a 2024 Bitcoin Core update, which may have an impact on BTC.
Increased competition in the market: With Bitcoin price targets approaching $45,000, there is a risk that a “possible peak” exists and that its market dominance could be challenged as other cryptocurrencies perform more strongly.

🎈Overall judgment on December 11, 2023:
Overall, BTC has shown a certain positive trend recently. The main reasons are the increase in institutional investors, the update of ETF applications, and the market's positive expectations for its price trend. However, technological challenges and potential market competition remain risk factors that require attention. Despite some uncertainty, the current tailwinds appear to be having a stronger positive impact on market sentiment.
#BTC趋势 #bitcoin #crytpo

Any idea how long $AVAX going stay b/w 27-28... few days ago it stayed at this price for 16 hrs before climbing to 29 and with-in 1 hour back to same price... now standing here since last 10 hours. :) lol #Write2Earn #crytpo #trading #manipulation

Good morning guys hope you doing really well today, as I was waking up and checking the news on "X" I read am article about the situation that president Biden is going through and I realized the reason why the markets are slow and in red but can you imagine how bad the news of the president of the USA being sick , I mean just sick and the markets drop ? why is that isn't supposed to be the crypto market to be decentralized ? isn't supposed that #satossi created $BTC for this same reason ?? so we don't depend on no government ? but the news got out and automatically they dropped, well I understand that most of us as a retail are afraid of losing money but we also can see that few are the ones that move the market, and also we can see that we still dependent on the USA news and also they are the ones that move the market (manipulate) as I relized this if you are a retail investor and you want to get into a project I suggest you to buy only when you know that your money will not be used in emergency or you know you might lose it, it's true that you can a lot of money in this markets ( only when the market is stable) and also is true that you can lose a lot of money too , even more if you get into a project that you havent invest the time to read and to know about it , also if you try things like futures or perpetual etc etc , so if you wanna learn about the markets you better studied before enter , don't be That person that lose money and complain everywhere you go and say that the #crytpo is a pure scam ,cause as we know right now that if you study the project from who's the owners are and the tokemomics and the #roadmaps etc etc you might see that the project is legit also the markets are moved by the right environment , a project to be legit does not promise that it will be profitable , depends on many factors as the sentiment of the traders and the economy (mostly of the USA) as I said before #DYIOR before you invest in any market. BTW guys don't forget that the ETFS of $ETH supposed to start today and $ETHFI it's kinda stable haha

SOL is bullish and bearish today (December 11, 2023)

SOL (Solana)

💰Good news:
Price Growth: Solana price has recently remained above $72, with recent weekly growth of 14%.
Strong market performance: Solana’s value has increased by more than 20% in the past week, outpacing Bitcoin and Ethereum’s gains.
Outstanding performance in the NFT market: Solana surpassed Ethereum in NFT transaction volume, showing its strong competitiveness in this field.
Technical Patterns Indicate Potential Upside: Analysis suggests Solana is mimicking Bitcoin’s “escalating triangle” price pattern, which is an indicator of accumulation and upside potential.

💧Bad news:
Possible Selling by Large Traders: During Solana’s price rise, trading by large traders (whales) suggests that they may be selling off their Solana holdings, which could pose a challenge to further price growth.
Market Volatility: Solana’s Jito (JTO) token saw a 100% price increase within 24 hours of the airdrop, showing how volatile the market is.

🎈Overall judgment on December 11, 2023:
Taken together, SOL has shown a strong positive trend recently. The main positive factors include its positive performance in terms of price, market performance, NFT trading volume and technical model. However, it is important to note that potential selling by large traders and market volatility may pose certain risks to its future performance.
#SOL/USDT #crytpo #solana

Big Breaking:👇
#crytpo
Russia will officially start using crypto for international transactions next week, bypassing US sanctions #CryptoMarketMoves

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Use this code : BPEWU1X47H
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"Let your profit run. Arrest your loss quickly."!
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