CryptoSyzygy
Incubator | KOL Management | #Bitcoin #Binance #BNB #IDO #Metaverse #NFT #DEFI | Follow on Twitter - @Cryptosyzygy1
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Today's price action in #BTC was an anomaly, similar to covid nuke. This dip will be eaten within 6 weeks from today. Back above $30k in October.
Why did PayPal launch stable coin?
What Tether is doing is what PayPal is going to do that's why they have issued a Stable coin.
Strategy is simple : Take Dollar from people, issue the Stable coin, and let them play around On-chain with the Stable coin, buy T-Bills with the $ that are deposited to your DeFi protocol earn 5% interest rate. Keep the interest payment with you as profit and rest of your stable coin on chain remains backed by actual $.
Loop runs like this until Fed brings down the risk free rate to 0-2% range Te
Strategy is simple : Take Dollar from people, issue the Stable coin, and let them play around On-chain with the Stable coin, buy T-Bills with the $ that are deposited to your DeFi protocol earn 5% interest rate. Keep the interest payment with you as profit and rest of your stable coin on chain remains backed by actual $.
Loop runs like this until Fed brings down the risk free rate to 0-2% range Te
Launch of PayPal stable coin
Global payments giant PayPal (PYPL) is entering the cryptocurrency market with its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD).
The Ethereum-based token will soon be available to PayPal users in the U.S. and is the first time a major financial company is issuing its own stablecoin. Users can transfer PYUSD between PayPal and supported external wallets, fund goods and services purchases or convert any of PayPal's supported cryptocurrencies to and from PYUSD.
PayPal said the stablecoin
The Ethereum-based token will soon be available to PayPal users in the U.S. and is the first time a major financial company is issuing its own stablecoin. Users can transfer PYUSD between PayPal and supported external wallets, fund goods and services purchases or convert any of PayPal's supported cryptocurrencies to and from PYUSD.
PayPal said the stablecoin
BTC Signals on higher time frame
There is a good news and a bad news and I will start with the bad news first. The bad news is that #Bitcoin has developed a bearish divergence on weekly chart, however, the bearish divergence is not that massive but since the timeframe is weekly so you really can't ignore this chart. Men lie women lie but charts don't lie.
Having said that I have a good news for you as well. If you watch closely the #RSI is creating a pattern on weekly time frame and this pattern is evidently bullish in nature.
Having said that I have a good news for you as well. If you watch closely the #RSI is creating a pattern on weekly time frame and this pattern is evidently bullish in nature.
#CRV
Only if Michael gets liquidated.
Only if Michael gets liquidated.
BTC next target is?
#BTC next target is -> $34k
The expectation is that by Wednesday/Thursday, we should see some big move. The stochastic RSI on 1D has bottomed out and been consolidating there for a longer than usual period. If you see the MACD on 1D then it is about to have a bullish crossover before coming Friday. Usually, the MACD crossover takes place immediately after the pump so that would be the first leg up in BTC. Then once MACD goes green it will continue to remain green for at least another 15-20 da
The expectation is that by Wednesday/Thursday, we should see some big move. The stochastic RSI on 1D has bottomed out and been consolidating there for a longer than usual period. If you see the MACD on 1D then it is about to have a bullish crossover before coming Friday. Usually, the MACD crossover takes place immediately after the pump so that would be the first leg up in BTC. Then once MACD goes green it will continue to remain green for at least another 15-20 da
#ALTseason is near when shitcoins start to pump
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🚨 SCAM ALERT! 🚨 (Massive $4B Crypto Fraud 🇦🇷💀)
Meet Julian Peh, the mastermind behind a $4 billion token scam that deceived thousands of investors.
He allegedly manipulated Argentina’s President Milei into unknowingly promoting his token, making it appear government-backed. The hype drove millions in investments, but it was all a setup. Insiders dumped their tokens, crashing the price and leaving investors with nothing.
Meanwhile, Julian and his team vanished with $87M in stolen funds.
💡 Lesson: Never trust hype blindly. Always DYOR—scammers thrive on false promises.
🔁 Spread awareness! Don't let others fall for such schemes. Stay sharp!
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