Why cryptocurrency owners could impact the U.S. presidential election
$BTC $ETH $BNB For the first time, cryptocurrency could significantly influence the outcome of a U.S. presidential election. As digital assets become more mainstream, crypto investors are emerging as a key and influential voting bloc. Anywhere from 7% to 21% of Americans now own cryptocurrency, which translates to 18 to 50 million potential voters. According to research by the crypto exchange Gemini, 73% of these crypto owners say a candidateās stance on cryptocurrency will directly impact thei
WazirX transferred Rs 606 crores of User Funds to unregistered Chinese exchange
Industry insiders say WazirX is having trouble finding a reputed exchange serve as a third party service provider, after the loss of reputation of the management post the Rs 2000 crore hack. WazirX Transfers Rs 606 Crore in User Funds to Unregistered Exchange ByBit After Massive Cyber Hack In a major development, WazirX has transferred $72.13 million (approx. Rs 606 crore) of remaining user funds to ByBit, an exchange that is unregistered in India, following a massive cyber hack that resulted in
We reached 55k as we been waiting for weeks but i will be moving my bids lower to between 53k - 51k: we have alot of volume at this area. After such a huge move down i would be expecting a relief pump to atleast 60k in short term before any move lower.
Plan is simple: i would say we range for a sometime here between 53 - 51k then a fake a out with volume to around 66k then down all the way to 48k area. There is few things to keep in mind that there is still liquidity to be taken at 48 - 44k and at 39k. Upside liquidity would be at 60800, 66k - 81k.
šØ š§Ø Sell Now or Regret Later: Bears Are in Control!
šØš§Ø Warning: The Bears are in Control!, This is not financial advice, but if you're thinking about buying right now, hold on! The market is poised for a further drop, and patience is your best ally at the moment.
š„ Why You Should Wait: -The bears are currently dominating the market, and this trend might persist for a while.
ā” Buying now could mean entering the market at a higher price, only to watch your investment lose value shortly after.
š What You Should Do Instead:
ā” Continue selling and capitalize on the current market conditions.
ā” Keep a close eye on the market trends and prepare to buy once the prices hit a more favorable point.
Remember, in the world of crypto, timing is everything. Stay vigilant, stay informed, and make strategic moves.
Many of you here have been liquidated in futures trading.
How to avoid liquidations in futures trading?
a) Use small leverage-maximum x6 leverage.
The higher your leverage, the higher your profits or losses, and the higher the risk of getting liquidated. Using low leverage reduces the risk of getting liquidated.
b) Do not use a big part of your margin.
If you have 10,000 USDT in your futures account, put only $1,000, $2,000, or $3,000 in a trade.
c) Use a stop-loss.
Set stop-loss orders to automatically close your positions if the market moves against you beyond a certain point. This helps limit your losses and prevent liquidation.
A small loss is better than getting your trading account crushed by liquidation.
Update: $ETH #ETHETFsApproved Timeframe: 4h Observation: Following our prediction perfectly, we have seen a breakout from above of the falling wedge, this is our new position.
Grayscale Identified 20 Cryptocurrencies With āHigh Potentialā
Grayscale, the world's largest digital asset management company, published a report commenting on the current situation in the cryptocurrency world. Stating that in the analysis, it expects 18 coins, in addition to Bitcoin #BTCā and Ether #ETHETFsApproved , to come to the fore in the 3rd quarter of 2024, the company expects the rise in artificial intelligence coins to continue. Grayscale, which is waiting for the final approval from the SEC for the same product in Ether as well as the launch of
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A classic bearish breakout has formed from the $72,000 resistance after failing to break above the local $74,000 resistance as expected earlier. And there is a huge selling pressure around the $68,385 level (as observed on the H1 timeframe) and if the decline continues without a broken channel resistance, the bears could target $56,000. But in the long term, the outlook remains quite bullish as the price remains above the stable channel support line.