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@Crypto Claims
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@Crypto Claims
1. Ahmad Ali
2. Hamza Muzzafar
3. Moideen Suhail
đđđ
Be Ready For Next Week..
Rules:
âąâąFollow Us On X...
x.com/claimyoucrypto
âąâąReact To Post..
Like, Share & Repost
đđđ
Drop Your Name.....đ„ł
We will add your name in lucky spin wheel
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đ What You Might Have Missed Overnight:
đ Major Bitcoin ATM Scams: Losses Exceed $110 Million This Year
Bitcoin ATM scams have become a serious issue, with losses surpassing $110 million. Scammers frequently target elderly people, using various tactics to deceive and steal funds, leading to nearly a tenfold increase in cases since 2020.
đłđŹ Nigerian SEC Approves Two Crypto Exchanges
The Nigerian Securities and Exchange Commission (SEC) has approved the operations of crypto exchanges Busha Digital and Quidax for the first time. This move is seen as a significant step in regulating the countryâs crypto industry and includes the establishment of an incubation program for new market participants.
đž Warren Buffettâs Berkshire Hathaway Sells $6.2 Billion in Bank of America Stock
Berkshire Hathaway, led by Warren Buffett, unexpectedly sold $6.2 billion worth of Bank of America stock. This move caused a stir in the market as many expected the company to hold onto these assets.
đ Ethereum Faces Supply Crisis: Is a New Rally on the Horizon?
Ethereum is facing a supply shortage, which could potentially trigger a new price surge in the cryptocurrency. Experts are debating whether this will lead to a new market rally and strengthen Ethereum's position among other cryptocurrencies.
đ Solana vs. Cardano: Which Blockchain Network Will Dominate in 2024?
Solana and Cardano are vying for dominance in the blockchain technology world, offering unique solutions for scalability and decentralization. Comparing the two networks highlights their strengths and weaknesses, making investor choices more challenging.
Who are you for?
Solana - đ„
Cardano - đ$BTC $ADA $SOL
đ Major Bitcoin ATM Scams: Losses Exceed $110 Million This Year
Bitcoin ATM scams have become a serious issue, with losses surpassing $110 million. Scammers frequently target elderly people, using various tactics to deceive and steal funds, leading to nearly a tenfold increase in cases since 2020.
đłđŹ Nigerian SEC Approves Two Crypto Exchanges
The Nigerian Securities and Exchange Commission (SEC) has approved the operations of crypto exchanges Busha Digital and Quidax for the first time. This move is seen as a significant step in regulating the countryâs crypto industry and includes the establishment of an incubation program for new market participants.
đž Warren Buffettâs Berkshire Hathaway Sells $6.2 Billion in Bank of America Stock
Berkshire Hathaway, led by Warren Buffett, unexpectedly sold $6.2 billion worth of Bank of America stock. This move caused a stir in the market as many expected the company to hold onto these assets.
đ Ethereum Faces Supply Crisis: Is a New Rally on the Horizon?
Ethereum is facing a supply shortage, which could potentially trigger a new price surge in the cryptocurrency. Experts are debating whether this will lead to a new market rally and strengthen Ethereum's position among other cryptocurrencies.
đ Solana vs. Cardano: Which Blockchain Network Will Dominate in 2024?
Solana and Cardano are vying for dominance in the blockchain technology world, offering unique solutions for scalability and decentralization. Comparing the two networks highlights their strengths and weaknesses, making investor choices more challenging.
Who are you for?
Solana - đ„
Cardano - đ$BTC $ADA $SOL
Dogecoin: down 12% could be a buy signal
The price of Dogecoin (DOGE) has started to show signs of life. The prospect of recovery makes the memcoin an attractive asset to buy
The price of Dogecoin (DOGE) fell along with the entire crypto market, wiping out the gains of the last 20 days. However, the popular memcoin is now starting to gradually recover, making it an attractive asset to buy.
Is it time to buy Dogecoin
The recent drop in Dogecoin's price has turned out to be a hidden blessing for DOGE investors. The market to realized value ratio (MVRV) shows that this decline has moved the memcoin into the accumulation zone.
The MVRV ratio shows investors' gains and losses. Right now, the 7-day MVRV for Dogecoin is -4.9%, indicating losses and fading selling pressure. When DOGE's MVRV is between -4.9% and -14.9%, it traditionally signals the start of a recovery rally. Such a moment represents a favorable buying opportunity.
However, the question arises whether adding DOGE to the portfolio at the current price will be profitable. This is answered by the Sharpe ratio, which measures the risk-adjusted return on an investment given volatility. A high Sharpe ratio indicates an attractive risk-to-reward ratio. Right now, the Sharpe ratio on the weekly chart is 9.55%. This is the first positive value of the indicator since the beginning of the month.
DOGE Forecast: coming out of consolidation
Dogecoin's price has held below resistance at $0.108 for most of the month, lost in the process of falling 12%. If accumulation begins, the coin will have a chance to rise above $0.109. If this barrier is taken, DOGE could start rising towards the next resistance level at $0.118. This will help the asset to get out of consolidation.
On the other hand, if the breakout fails or the market goes into a bearish trend, the price risks falling below $0.108. This would bring DOGE back into consolidation and cancel the bullish outlook.$DOGE
The price of Dogecoin (DOGE) has started to show signs of life. The prospect of recovery makes the memcoin an attractive asset to buy
The price of Dogecoin (DOGE) fell along with the entire crypto market, wiping out the gains of the last 20 days. However, the popular memcoin is now starting to gradually recover, making it an attractive asset to buy.
Is it time to buy Dogecoin
The recent drop in Dogecoin's price has turned out to be a hidden blessing for DOGE investors. The market to realized value ratio (MVRV) shows that this decline has moved the memcoin into the accumulation zone.
The MVRV ratio shows investors' gains and losses. Right now, the 7-day MVRV for Dogecoin is -4.9%, indicating losses and fading selling pressure. When DOGE's MVRV is between -4.9% and -14.9%, it traditionally signals the start of a recovery rally. Such a moment represents a favorable buying opportunity.
However, the question arises whether adding DOGE to the portfolio at the current price will be profitable. This is answered by the Sharpe ratio, which measures the risk-adjusted return on an investment given volatility. A high Sharpe ratio indicates an attractive risk-to-reward ratio. Right now, the Sharpe ratio on the weekly chart is 9.55%. This is the first positive value of the indicator since the beginning of the month.
DOGE Forecast: coming out of consolidation
Dogecoin's price has held below resistance at $0.108 for most of the month, lost in the process of falling 12%. If accumulation begins, the coin will have a chance to rise above $0.109. If this barrier is taken, DOGE could start rising towards the next resistance level at $0.118. This will help the asset to get out of consolidation.
On the other hand, if the breakout fails or the market goes into a bearish trend, the price risks falling below $0.108. This would bring DOGE back into consolidation and cancel the bullish outlook.$DOGE
Brave Software will lay off 14% of its employees, marking the second round of cuts in the last 10 months. The reasons for the layoffs are not disclosed, although the company continues to increase the number of users of its browser.
Now the browser will not only be faster, but also 14% "lighter." đ
#BraveSoftware #crypto
Now the browser will not only be faster, but also 14% "lighter." đ
#BraveSoftware #crypto
Bitfinex: Interest in risky assets has returned to traders
Bitfinex: Interest in risky assets has returned to traders
A study conducted by the cryptocurrency exchange Bitfinex showed that after the recent decline in the crypto market, traders have regained interest in risky assets.
In their report, analysts note that now the dynamics of the bitcoin price is clearly correlated with the performance of shares of U.S. companies, which means that the cryptocurrency market has returned to the mood for trading risky assets. Also, the market decline led to a significant volume of liquidations of margin positions.
âThe market recovery occurred against the backdrop of strengthening positive correlation between bitcoin and the US stock market. After bitcoin hit a low in early August, we saw a weak correlation, but the price spurt on August 23 led to a sharp increase in the correlation, which we believe indicates a return of risk appetite. It is also worth noting the significant liquidations of short positions on that day, as well as a decrease in open interest, which indicates a significant reduction in leverage in the market,â the report said.
One of the factors in the sharp recovery of the cryptocurrency market was the comment of the head of the Federal Reserve System (Fed) of the United States Jerome Powell (Jerome Powell) on the possible reduction of the prime rate. At the same time, analysts note that higher-risk assets such as bitcoin are slightly delayed in their reactions compared to less volatile markets such as equities. Given the rise in U.S. stocks, it's entirely possible that the cryptocurrency market will continue to rally as well.
âThe market is clearly demonstrating a propensity for risk, which is facilitated by the inevitability of lower prime rates and the absence of large BTC injections into the market - the German authorities have completely gotten rid of confiscated bitcoins, and reimbursement of losses to MtGox customers is almost complete,â the researchers conclude.
Earlier, Bitfinex experts called bitcoin an excellent safe haven asset.
A study conducted by the cryptocurrency exchange Bitfinex showed that after the recent decline in the crypto market, traders have regained interest in risky assets.
In their report, analysts note that now the dynamics of the bitcoin price is clearly correlated with the performance of shares of U.S. companies, which means that the cryptocurrency market has returned to the mood for trading risky assets. Also, the market decline led to a significant volume of liquidations of margin positions.
âThe market recovery occurred against the backdrop of strengthening positive correlation between bitcoin and the US stock market. After bitcoin hit a low in early August, we saw a weak correlation, but the price spurt on August 23 led to a sharp increase in the correlation, which we believe indicates a return of risk appetite. It is also worth noting the significant liquidations of short positions on that day, as well as a decrease in open interest, which indicates a significant reduction in leverage in the market,â the report said.
One of the factors in the sharp recovery of the cryptocurrency market was the comment of the head of the Federal Reserve System (Fed) of the United States Jerome Powell (Jerome Powell) on the possible reduction of the prime rate. At the same time, analysts note that higher-risk assets such as bitcoin are slightly delayed in their reactions compared to less volatile markets such as equities. Given the rise in U.S. stocks, it's entirely possible that the cryptocurrency market will continue to rally as well.
âThe market is clearly demonstrating a propensity for risk, which is facilitated by the inevitability of lower prime rates and the absence of large BTC injections into the market - the German authorities have completely gotten rid of confiscated bitcoins, and reimbursement of losses to MtGox customers is almost complete,â the researchers conclude.
Earlier, Bitfinex experts called bitcoin an excellent safe haven asset.
Mining company Rhodium has filed for bankruptcy
US-based cryptocurrency mining firm Rhodium has filed for bankruptcy in a court in the Southern District of Texas. According to documents, the company has debts ranging from $50 million to $100 million.
Previously, the mining firm has repeatedly had financial difficulties - back in 2023, Riot Platforms filed a lawsuit against Rhodium for $26 million, and in July of this year the company failed to pay $54 million in loans. Before filing for bankruptcy, Rhodium was working on two debt restructuring proposals, but was unable to find support from all parties involved.
Rhodium's 6 subsidiaries - Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW and Rhodium 30MW - are also named in the bankruptcy filing. Rhodium has selected law firm Quinn Emanuel Urquhart & Sullivan as general counsel for the bankruptcy, while Province will act as restructuring advisors.
Note that under Chapter 11 of the U.S. Bankruptcy Act (Voluntary Bankruptcy), the company will be able to restructure its debts and continue operations. In 2022, the mining firm Core Scientific did the same thing, using a bankruptcy filing to protect itself from creditors.
US-based cryptocurrency mining firm Rhodium has filed for bankruptcy in a court in the Southern District of Texas. According to documents, the company has debts ranging from $50 million to $100 million.
Previously, the mining firm has repeatedly had financial difficulties - back in 2023, Riot Platforms filed a lawsuit against Rhodium for $26 million, and in July of this year the company failed to pay $54 million in loans. Before filing for bankruptcy, Rhodium was working on two debt restructuring proposals, but was unable to find support from all parties involved.
Rhodium's 6 subsidiaries - Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW and Rhodium 30MW - are also named in the bankruptcy filing. Rhodium has selected law firm Quinn Emanuel Urquhart & Sullivan as general counsel for the bankruptcy, while Province will act as restructuring advisors.
Note that under Chapter 11 of the U.S. Bankruptcy Act (Voluntary Bankruptcy), the company will be able to restructure its debts and continue operations. In 2022, the mining firm Core Scientific did the same thing, using a bankruptcy filing to protect itself from creditors.
$BTC 2024 set a record for BTC transactions processed on the blockchain
In 2024, the bitcoin blockchain reached record highs, in particular, BTC set a new price high, the network reached peak hash rate and complexity, in addition, one of the highest fees was recorded. In addition, an unprecedented 927,010 transactions were processed on April 23.
2024 also had the ten busiest days in terms of transfers, most of which occurred at the end of April and beyond.
The second busiest day was July 21 with 859,629 transactions, down slightly from May 26 with 852,655 transfers for the day (third place). On July 23, miners confirmed 838,977 transactions.
July 29 and 22 ranked sixth and seventh with 826,129 and 824,999 transfers, respectively.
Notably, the high volume of daily transfers continued in August. For example, August 23 ranked eighth with 799,839 transactions, while the previous day, August 22, ranked ninth with 795,102 transfers.
Last Saturday, the momentum continued as bitcoin miners confirmed 794,380 transactions, making it the tenth busiest day in terms of confirmed transactions.
Many supporters of the cryptocurrency are confident that the streak of record-breaking achievements will continue into 2025.
In 2024, the bitcoin blockchain reached record highs, in particular, BTC set a new price high, the network reached peak hash rate and complexity, in addition, one of the highest fees was recorded. In addition, an unprecedented 927,010 transactions were processed on April 23.
2024 also had the ten busiest days in terms of transfers, most of which occurred at the end of April and beyond.
The second busiest day was July 21 with 859,629 transactions, down slightly from May 26 with 852,655 transfers for the day (third place). On July 23, miners confirmed 838,977 transactions.
July 29 and 22 ranked sixth and seventh with 826,129 and 824,999 transfers, respectively.
Notably, the high volume of daily transfers continued in August. For example, August 23 ranked eighth with 799,839 transactions, while the previous day, August 22, ranked ninth with 795,102 transfers.
Last Saturday, the momentum continued as bitcoin miners confirmed 794,380 transactions, making it the tenth busiest day in terms of confirmed transactions.
Many supporters of the cryptocurrency are confident that the streak of record-breaking achievements will continue into 2025.
Partisia Blockchain has introduced a new staking opportunity with a high returnâ53% APR.
@Crypto Claims
This offering is aimed at attracting users looking to earn significant passive income while strengthening the blockchain ecosystem.Well, it's a great opportunity for those looking to grow their crypto assets đ
@Crypto Claims
This offering is aimed at attracting users looking to earn significant passive income while strengthening the blockchain ecosystem.Well, it's a great opportunity for those looking to grow their crypto assets đ
Tether aims to create a competitive environment for Microsoft, Google and Amazon - claims Wired.
@Crypto Claims
The CEO of Tether intends to "confront" the tech giants by investing billions of dollars in artificial intelligence startups.
The company plans to reinvest 90% of Tether's profits into promising startups in various fields.
#TetherUSD $USDC
@Crypto Claims
The CEO of Tether intends to "confront" the tech giants by investing billions of dollars in artificial intelligence startups.
The company plans to reinvest 90% of Tether's profits into promising startups in various fields.
#TetherUSD $USDC
Binance announced that six altcoins will be delisted on August 19, 2024.
@Crypto Claims
The decision aligns with the exchange's policy of maintaining high standards for trading assets. Users are advised to complete any transactions with these altcoins before the specified date to avoid losses.
Time to say goodbye to a few altcoins on Binanceâ stay alert! âł
@Crypto Claims
The decision aligns with the exchange's policy of maintaining high standards for trading assets. Users are advised to complete any transactions with these altcoins before the specified date to avoid losses.
Time to say goodbye to a few altcoins on Binanceâ stay alert! âł
Cryptocurrency Futures Trading Volume Overview ©ïž
@Crypto Claims
The image shows 24-hour and weekly trading volume data for various cryptocurrency platforms and futures.
Binance Futures leads with $39.93B in 24 hours and $329.03B in a week. Poloniex Futures ranks second with $29.75B in 24 hours and $89.26B in a week.
OKX Futures shows $18.14B in 24 hours and $150.50B in a week. Binance displays $10.45B in 24 hours and $92.17B in a week, with a 73.70% increase.
Bybit (Futures) ranks fifth with $9.34B in 24 hours and $105.31B in a week.
@Crypto Claims
The image shows 24-hour and weekly trading volume data for various cryptocurrency platforms and futures.
Binance Futures leads with $39.93B in 24 hours and $329.03B in a week. Poloniex Futures ranks second with $29.75B in 24 hours and $89.26B in a week.
OKX Futures shows $18.14B in 24 hours and $150.50B in a week. Binance displays $10.45B in 24 hours and $92.17B in a week, with a 73.70% increase.
Bybit (Futures) ranks fifth with $9.34B in 24 hours and $105.31B in a week.
Cardano (ADA) may not make it to $0.40
Due to the bearish market conditions, Cardano (ADA) price growth risks missing an important target, failing another attempt to reclaim $0.40 as a support level.
However, investors still have a chance to make an impact if they show enough optimism.
ADA price outlook: downside ahead
At the time of writing, Cardano is trading at $0.34. However, the aforementioned conditions create a disappointing outlook, suggesting a potential drawdown to $0.32 or lower, which would send the altcoin back into consolidation.
However, if selling pressure begins to build, ADA could bounce off support and continue to rally, negating the bearish scenario.
Due to the bearish market conditions, Cardano (ADA) price growth risks missing an important target, failing another attempt to reclaim $0.40 as a support level.
However, investors still have a chance to make an impact if they show enough optimism.
ADA price outlook: downside ahead
At the time of writing, Cardano is trading at $0.34. However, the aforementioned conditions create a disappointing outlook, suggesting a potential drawdown to $0.32 or lower, which would send the altcoin back into consolidation.
However, if selling pressure begins to build, ADA could bounce off support and continue to rally, negating the bearish scenario.
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Sidra Bank: Islamic Digital Bank
Sidra Chain KYC Issues.....
Sidra Coin đ«”KYC and Compliance đ«Ą
Sidra Chain KYC Issues.....
Sidra Coin đ«”KYC and Compliance đ«Ą
Happy #NationalDogMonth đŸ
Congratulations, $DOGS #PreMint is live on Gate.io
So many cute dogs in the Gate.io family, who will be the next?đ¶
#Memecoin #DOGS
Congratulations, $DOGS #PreMint is live on Gate.io
So many cute dogs in the Gate.io family, who will be the next?đ¶
#Memecoin #DOGS
It was a hard week for NOTCOIN
âïž After Monday's fall $NOT T added +13%, however, the token couldn't foothold above the $0.015 level
âïž After several days of trading when it seemed that $NOT was going to storm $0.02, the token failed the support level due to the weakness of BTC and is now in a local downtrend.
âïž After Monday's fall $NOT T added +13%, however, the token couldn't foothold above the $0.015 level
âïž After several days of trading when it seemed that $NOT was going to storm $0.02, the token failed the support level due to the weakness of BTC and is now in a local downtrend.
Important Information
@Crypto Claims
Icecoin will launch its blockchain and mainnet on October 7, 2024.
And the Sunwave token will be listed on Ice's blockchain so you only have 100 days
Do as much mining as you can in 100 days,
#IceOpenNetwork #SUNWAVES
@Crypto Claims
Icecoin will launch its blockchain and mainnet on October 7, 2024.
And the Sunwave token will be listed on Ice's blockchain so you only have 100 days
Do as much mining as you can in 100 days,
#IceOpenNetwork #SUNWAVES
đ„ ICE Burn Update đ„
Since the launch of ICE New Project Sunwave,
ICE Network burned over 50,000,000 $ICE coins, the equivalent of $250,000 đ°
đ These tokens will never be in circulation again, making $ICE deflationary.
Since the launch of ICE New Project Sunwave,
ICE Network burned over 50,000,000 $ICE coins, the equivalent of $250,000 đ°
đ These tokens will never be in circulation again, making $ICE deflationary.
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FOMC
8,578 views
22 Posts
*SOL/USDT Long Position đ
Entry:131.80 đ° (Waiting for entry â°)
Leverage:25x Cross âĄïž (5% margin)
Targets:
1. 132.65 đ
2. 133.45 đȘ
3. 135.10 đ„
4. 136.65+ đ
Stop Loss:130.20 âïž
Good luck with your trade! đ€
Important Disclaimer
$SOL #FOMC #BinanceTurns7
Cryptocurrency trading carries significant risks, including potential losses.
Trading with leverage amplifies risk.
This information is for educational purposes only and not investment advice.
Never invest more than you can afford to lose.
Risk Warning
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