Ever notice that the price of crypto can change between the moment you place a trade and when it’s finalized? That’s crypto slippage! It happens due to price fluctuations, especially in volatile markets.
Slippage can be positive or negative. For example, if you wanted to buy Bitcoin at $60,000 but ended up getting it for $59,800, you saved money with positive slippage. However, if you paid $60,200 instead, that’s negative slippage.
To avoid it, try using limit orders, adjust your slippage tole
Bitcoin's Price Rally to $61K: Why Derivatives Traders Remain Skeptical
📈 Bitcoin's Price Rally to $61K: Why Derivatives Traders Remain Skeptical Bitcoin recently surged to $61K, breaking above $61,000 for the first time in 3 weeks. However, derivatives data suggests traders aren't convinced the rally will last. Here's why: 👇 1. Market Context • BTC price jumped 6.4% in under 12 hours on Sept 17 • Mirrors S&P 500 reaching all-time high • Comes ahead of key Fed decision on Sept 18 2. Economic Factors • US retail sales up 0.1% in August • Industrial production grew
Four ways to earn with Binance Coin (BNB) on Binance
four ways to earn with Binance Coin (BNB) on Binance. Whether you’re a crypto enthusiast or a beginner, these strategies can help you maximize your holdings. 🚀
Simple Earn (Flexible Products): Got idle assets like BTC, ETH, or USDT? Subscribe to Simple Earn Flexible Products and earn real-time APR rewards. You can subscribe or redeem your funds anytime, subject to daily limits. Fees: Zero. Risk level: Principal is protected in terms of token amount1. BNB Vault: Earn rewards on your idle BNB wi
Bitcoin slipped below $60,000 for the first time since late June, resulting in the liquidation of $8.4 million worth of long contracts within just the past hour. Ethereum derivatives traders were also affected, with approximately $8.8 million worth of long ETH contracts wiped out during the same period.
The sudden drop occurred after five days of net inflows into Bitcoin spot ETFs in the U.S. Additionally, markets have been anticipating the impact of repayments to creditors from the Mt. Gox trustee, which oversees the defunct exchange's bankruptcy process.
Furthermore, inflation and federal interest rates in the U.S. have significantly influenced crypto markets, leading investors to adopt a risk-off approach by favoring treasury bonds over riskier assets like stocks and cryptocurrencies.
As of now, the Bitcoin price has rebounded above $60,000, currently tr ading at $60,215.46 (down 3.8% compared to the same time yesterday). Meanwhile, Ethereum's price has been more sluggish, standing at $3,308.61 (down 4% over the past 24 hours) according to Coingecko data¹. Keep an eye on these developments as the crypto landscape continues to evolve! 😊#adnanvirtual #BinanceTournament #ETH_ETFs_Approval_Predictions #IntroToCopytrading #Megadrop $BTC
German Government Moves Millions More in Bitcoin to Exchanges
German Government Moves Millions More in Bitcoin to Exchanges
In a surprising development, the German government has made a significant move in the world of cryptocurrency. Reports indicate that they have transferred millions of euros' worth of Bitcoin to various exchanges. But what does this mean, and why is it making headlines?
**1. The Bitcoin Transfer:** The German government, known for its cautious approach to digital assets, has recently taken a bold step. According to insiders, they've
Bitcoin's current situation, price predictions, and technical indicators as of June 30,
*Bitcoin (BTC) Analysis: June 30, 2024**
## **1. Current Price and Trading Pair** - **BTC/USDT**: Bitcoin is currently trading against the US Dollar Tether (USDT) at approximately **$60,729.58**.
## **2. Moving Averages (MA)** Moving averages provide valuable insights into price trends. Here are the key moving average values: - **MA(7)**: Around **$60,877.88** - **MA(25)**: Approximately **$61,265.27** - **MA(99)**: About **$64,155.42**
## **3. Relative Strength Index (RSI)** - The RSI (6) st
Binance has achieved a significant milestone by securing a full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA) for its local exchange,
**Binance FZE**. Let's dive into the exciting details:1. **VASP License**: This coveted license allows Binance FZE to operate within Dubai's regulatory framework, ensuring compliance with local laws and regulations. It's like getting the golden ticket to the crypto playground! 🎟️2.
**"Injective and Andromeda Forge Powerful Partnership to Revolutionize DeFi"**
In a groundbreaking move, Injective has joined forces with Andromeda, marking a pivotal moment for the Decentralized Finance (DeFi) landscape. The collaboration, announced on June 28, aims to propel DeFi adoption by seamlessly integrating Andromeda's aOS with Injective's lightning-fast financial blockchain.
**Key Highlights:**
1. **Cross-Chain Synergy:** By harmonizing Andromeda's aOS and Injective's robust blockchain, this partnership unlocks unprecedented cross-chain capabilities. Transactions within the DeFi realm will now flow effortlessly, transcending traditional boundaries.
2. **Advanced DeFi Applications:** Brace yourself for a wave of innovation! The collaboration paves the way for cutting-edge DeFi applications. From yield farming to decentralized exchanges, users can expect a richer, more dynamic ecosystem.
3. **Tokenized Asset Mastery:** Managing digital assets just got simpler. Thanks to this partnership, users can navigate tokenized assets with ease. Whether it's staking, lending, or diversifying portfolios, the process is now user-friendly and efficient.
4. **Streamlined Asset Division:** No more headaches when dividing assets! Injective and Andromeda streamline the process, ensuring seamless distribution and hassle-free management.
In summary, this strategic alliance promises to revolutionize DeFi. By combining their strengths, Injective and Andromeda are ushering in a new era—one where financial sovereignty meets technological prowess. Buckle up, because the DeFi revolution is here! 🚀🌐💎 #İNJ #CryptoTradingGuide #BinanceTournament #MtGoxJulyRepayments #adnanvirtual $SOL
New Crypto Launches to Invest in 2024 (Up-and-Coming)
**new crypto launches** in 2024 that investors should keep an eye on:
1. **PlayDoge ($PLAY)**: A play-to-earn meme coin that turns the iconic Doge meme into a Tamagotchi-style virtual pet. It's currently in a 40-stage presale on the Binance Smart Chain, with a potential Binance CEX launch post-presale¹.
2. **WienerAI ($WAI)**: An infinitely upgradeable AI meme coin with modular technological capabilities. Staking rewards are available during the presale, and the price rises every two days. C
- **MACD (Moving Average Convergence Divergence)**: The MACD indicator shows potential trend reversals. If the MACD line crosses above the signal line, it could indicate a bullish trend, while a cross below could indicate a bearish trend. - **RSI (Relative Strength Index)**: The RSI is currently at 32.18, which is close to the oversold threshold of 30%. This suggests that Bitcoin might be oversold and could potentially see a price increase if buying pressure resumes.
#### Price Prediction
Based on the technical analysis and current market sentiment, here is the price prediction for Bitcoin on 12 June 2024: - **Short-term Trend**: Bitcoin is currently in a downtrend, but the RSI indicates that it is nearing oversold conditions. This could lead to a potential price increase if buying pressure resumes.
- **Support and Resistance Levels**:
The key support level is around $66,051.00, and the resistance level is around $67,662.49. If Bitcoin breaks above the resistance level, it could see further upward movement.
#### Conclusion
Given the current technical indicators and market sentiment, Bitcoin's price could experience volatility. Traders should closely monitor the technical indicators and market news, as these events can significantly impact Bitcoin prices. #TopCoinsJune2024 #IOprediction #Binance200M #adnanvirtual #BlackRock $SOL $ETH $BTC
Bitcoin (BTC) Price Analysis and Technical Indicators
### Current Market Overview As of the latest data, the current trading price of Bitcoin (BTC) against the US Dollar (USD) is **$69,360.00**. Over the past 24 hours, Bitcoin has experienced a high of **$71,655.04** and a low of **$68,420.00**. The 24-hour trading volume stands at **28,369.76 BTC** or **1.98B USDT**. The price has decreased by **2.33%** in the last 24 hours.
Bitcoin's (BTC) price action and includes several technical analysis indicators. Here's a breakdown of the key elements for price prediction and technical analysis:
### Technical Indicators - **Moving Averages (MAs)**: The chart shows MAs for 7, 25, and 99 days, which can help identify the trend. The current MAs are: - **MA(7)**: $$69,
The price of Bitcoin (BTC) is influenced by a complex interplay of factors, including but not limited to:
- **Supply and Demand**: The total supply of Bitcoin is capped at 21 million, making it a scarce asset. The rate of new Bitcoin creation halves approximately every four years in an event known as "halving." The most recent halving occurred on April 19, 2024, reducing the block reward to 3.125 bitcoins¹.
- **Market Demand**: Bitcoin's demand is driven by retail and institutional investors,
The Common Crypto P2P Scams, and How Can You Avoid Them?
When engaging in peer-to-peer (P2P) cryptocurrency transactions, it's crucial to be aware of common scams and take steps to protect yourself. Here are some prevalent P2P crypto scams and tips on how to avoid them: 1. **Fake Payment Confirmation**: Scammers may send you fake payment confirmations or altered screenshots claiming they've paid. **Avoid this by** verifying the payment directly in your bank account or crypto wallet before releasing any cryptocurrency.
1. **Do Your Homework**: Before you jump at the chance of free tokens, take a moment to research. Look up the project's website, check out their whitepaper, and see what the community is saying. If it's hard to find solid info, that's a red flag##.
2. **Check the Source**: If an airdrop offer comes from a source pretending to be a well-known company or influencer, double-check their official channels. Scammers often impersonate credible sources to
The Gitcoin Grants Stack is transitioning from Allo v1 to Allo v2. Here's what you need to know about the transition:
- **Deprecation Date**: The UI support for Allo v1 will be deprecated on **June 25th, 2024** - **Action Required**: Users must conclude and pay out any existing v1 rounds before the deprecation date.
**For Round Operators**: - Rounds created on Allo v1 will be available in a view-only mode after the deprecation date. - Operators will not be able to payout, edit, or create new rounds on Allo v1.
**For Grantees**: - Projects created on Allo v1 will be viewable in Builder in a view-only mode after the deprecation date². - All projects from Allo v1 that existed as of April 10, 2024, have been automatically migrated to Allo v2.
**For Donors**: - Donations through Grants Stack for v1 rounds will not be accepted after the deprecation date. - Donors can explore the new Allo v2 platform to continue supporting projects.
Allo v2 is designed to enhance user experience, support modular and flexible funding mechanisms, and empower developers to build new community funding experiences¹. It's important for users to prepare for this transition to ensure a smooth changeover to the new system. #StartInvestingInCrypto #ETHETFsApproved #altcoins #adnanvirtual #Gitcoin $SOL $BNB $ETH
**Price Prediction:** - The Bittensor (TAO) price prediction for the next week ranges between **$537.53** and **$623.50** - By June 17, 2024, if it reaches the upper price target, the price of Bittensor is expected to increase by **15.99%** and reach **$623.50**
**Technical Analysis:** - The candlestick chart in the image shows a mix of green and red candles, indicating fluctuating price movements. - The Moving Averages (MA) indicators, MA(7) at **390.8** and MA(25) at **390.1**, suggest a slig