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NIGERIA GOVERNMENT STRIKE ON CRYPTO AGAIN.
The Nigerian SEC has issued its first licenses to local crypto exchanges, marking a significant shift in the country's regulatory landscape.
- Busha Digital Limited and Quidax Technologies Limited are the first to receive the green light under Nigeria's Accelerated Regulatory Incubation Program (ARIP).
Despite past tensions, Nigeria's move to license exchanges reflects the country's growing crypto adoption, currently ranked second globally in adoption per population.
The Nigerian SEC has issued its first licenses to local crypto exchanges, marking a significant shift in the country's regulatory landscape.
- Busha Digital Limited and Quidax Technologies Limited are the first to receive the green light under Nigeria's Accelerated Regulatory Incubation Program (ARIP).
Despite past tensions, Nigeria's move to license exchanges reflects the country's growing crypto adoption, currently ranked second globally in adoption per population.
How to Participate in the SoSo Value Airdrop
Guide to hunting the SoSo Value Airdrop, a financial platform that successfully raised $4.15 million.
How To Participate In The Soso Value Airdrop
Table of Contents
Introduction to SoSo Value Airdrop
SoSo Value is a comprehensive financial research platform specifically designed for cryptocurrency investors. This platform provides high-quality macro market information, helping investors conduct more effective investment research. With an AI-based classified news and research system, SoSo Value connects macroeconomic data with the cryptocurrency market, offering users comprehensive insights.
SoSo Value serves as a central hub for data aggregation and analysis of both the crypto economy and macro finance. The platform offers users various tools to track crypto assets, access research, and stay updated with the latest news in crypto and finance.
SoSo Value successfully raised $4.15 million in its Seed round from notable investment funds such as HongShan, CoinSumer, and others.
SoSo Value successfully raised $4.15 million
SoSo Value successfully raised $4.15 million
Currently, users can earn EXP on the platform, which can be converted into tokens when the project conducts its TGE.
Guide to hunting the SoSo Value Airdrop, a financial platform that successfully raised $4.15 million.
How To Participate In The Soso Value Airdrop
Table of Contents
Introduction to SoSo Value Airdrop
SoSo Value is a comprehensive financial research platform specifically designed for cryptocurrency investors. This platform provides high-quality macro market information, helping investors conduct more effective investment research. With an AI-based classified news and research system, SoSo Value connects macroeconomic data with the cryptocurrency market, offering users comprehensive insights.
SoSo Value serves as a central hub for data aggregation and analysis of both the crypto economy and macro finance. The platform offers users various tools to track crypto assets, access research, and stay updated with the latest news in crypto and finance.
SoSo Value successfully raised $4.15 million in its Seed round from notable investment funds such as HongShan, CoinSumer, and others.
SoSo Value successfully raised $4.15 million
SoSo Value successfully raised $4.15 million
Currently, users can earn EXP on the platform, which can be converted into tokens when the project conducts its TGE.
I don't like to fall into controversy.
There was just one Short trade available, from 61K to 58K. This trade was taken by us Publicly.
However, when the market structure is Broken. Rate cut is imminent. Resistance of 200 EMA on 4 hour is being broken after MS change, it made Zero sense to short. It was common sense.
There are a lot of loud mouth disrespectful Bearish traders who never change their views but this was my logic. Unbiased, trading with common sense and chart.
There was just one Short trade available, from 61K to 58K. This trade was taken by us Publicly.
However, when the market structure is Broken. Rate cut is imminent. Resistance of 200 EMA on 4 hour is being broken after MS change, it made Zero sense to short. It was common sense.
There are a lot of loud mouth disrespectful Bearish traders who never change their views but this was my logic. Unbiased, trading with common sense and chart.
How to participate in Tari airdrop
Introduction to Tari Airdrop
Tari is a pioneering Layer 1 blockchain protocol that enables anyone to become a user simply by mining on their laptop or desktop. For developers, Tari offers infinite scalability, fast processing speeds, and the low costs of a high-performance Layer 2, while also providing unprecedented access to on-chain users through an application built directly into the Tari mining software.
Tari has garnered support from major names such as Blockchain Capital, Pantera, CMT Digital, Slow Ventures, DV Chain, Paris Hilton, Lil Wayne, and many other prominent investors.
How to Participate in the Tari Airdrop
Step 1: Visit the Tari Airdrop and connect X.
Log in
Log in
Step 2: Click on âComplete Questâ to perform tasks (complete basic tasks to earn gems).
Complete Quest
Complete Quest
Step 3: Invite friends to join and earn more gems.
If you own Yats Gen 0 or Gen 1 (which requires a purchase but is not mandatory), you have the chance to earn rare âTurtle Shellsâ and legendary âSky Hammers,â which will boost your gem count and airdrop rewards.
Your collection of items will be converted into XTM tokens once the claiming period begins.
#MtGoxRepayments #insights #BinanceBlockchainWeek #CryptoMarketMoves #LowestCPI2021 $airdrop
Tari is a pioneering Layer 1 blockchain protocol that enables anyone to become a user simply by mining on their laptop or desktop. For developers, Tari offers infinite scalability, fast processing speeds, and the low costs of a high-performance Layer 2, while also providing unprecedented access to on-chain users through an application built directly into the Tari mining software.
Tari has garnered support from major names such as Blockchain Capital, Pantera, CMT Digital, Slow Ventures, DV Chain, Paris Hilton, Lil Wayne, and many other prominent investors.
How to Participate in the Tari Airdrop
Step 1: Visit the Tari Airdrop and connect X.
Log in
Log in
Step 2: Click on âComplete Questâ to perform tasks (complete basic tasks to earn gems).
Complete Quest
Complete Quest
Step 3: Invite friends to join and earn more gems.
If you own Yats Gen 0 or Gen 1 (which requires a purchase but is not mandatory), you have the chance to earn rare âTurtle Shellsâ and legendary âSky Hammers,â which will boost your gem count and airdrop rewards.
Your collection of items will be converted into XTM tokens once the claiming period begins.
#MtGoxRepayments #insights #BinanceBlockchainWeek #CryptoMarketMoves #LowestCPI2021 $airdrop
Eat the Dip. Btc is cooking
During the COVID-19 pandemic, Bitcoin soared from $4,000 to $69,000. I seized the opportunity then, and I'm doubling down now. Here's my proven strategy:
1. Invest 33% Now: Enter the market immediately with a third of your capital.
2. Invest Another 33% on Dips: Capitalize on lower prices by investing another third when the market dips.
3. Reserve 33% for Black Swan Events: Keep a third of your capital in reserve for unexpected market crashes, allowing you to buy at rock-bottom prices.
This straightforward strategy spreads risk and positions you for market recoveries. Perfect for seasoned investors and newcomers alike. Start now and prepare for the next big surge!"
Note: I've kept the core message and strategy intact while rephrasing it for better clarity and readability.
During the COVID-19 pandemic, Bitcoin soared from $4,000 to $69,000. I seized the opportunity then, and I'm doubling down now. Here's my proven strategy:
1. Invest 33% Now: Enter the market immediately with a third of your capital.
2. Invest Another 33% on Dips: Capitalize on lower prices by investing another third when the market dips.
3. Reserve 33% for Black Swan Events: Keep a third of your capital in reserve for unexpected market crashes, allowing you to buy at rock-bottom prices.
This straightforward strategy spreads risk and positions you for market recoveries. Perfect for seasoned investors and newcomers alike. Start now and prepare for the next big surge!"
Note: I've kept the core message and strategy intact while rephrasing it for better clarity and readability.
What is meme coin A case study of projects
What is a memecoin?
A memecoin is a type of cryptocurrency that draws its inspiration from internet memes, characters or trends. These digital currencies are generally created with a sense of humor, often associated more with entertainment than with practical utility. The main factor driving a memecoinâs value is the meme it is based on, which helps build a strong, dedicated community and attract investment interest.
Despite their fun-loving nature, memecoins are known for their high volatility and speculative nature, as their value can undergo rapid increases and decreases based on social media trends and viral moments, similar to shifts in meme stocks. This makes memecoins a risky proposition for investors, though they have gained considerable popularity, thanks to endorsements from high-profile individuals and their cultural significance in the digital world.
Why do people invest in memecoins?
People invest in memecoins for a variety of reasons.
Thereâs the sense of community and belonging that comes with being part of a shared joke or meme. Investors often find it fun and engaging to be part of these communities where they share memes, jokes and investment tips.
And then thereâs the potential for quick profits â an alluring proposition for investors. Memecoins are known for their extreme volatility, which can result in rapid and substantial gains. Their low prices make them accessible to a broad audience, allowing people to buy large quantities with relatively small investments â at least until a memecoin takes off in value.
Lastly, viral marketing and the influence of social networks play a significant role in each coinâs value. Celebrities and influencers often endorse these coins, driving their popularity and price.
What are the risks of buying and selling memecoins?
Buying and selling memecoins comes with several significant risks.
Memecoins are characterized by high volatility, with prices subject to extreme fluctuations over short periods, often driven by social media trends and celebrity endorsements. This makes them highly speculative investments as memecoins typically lack intrinsic value or real-world utility, making their value heavily dependent on community sentiment rather than fundamental factors.
Additionally, the memecoin market is prone to market manipulation, including pump-and-dump schemes, where prices are artificially inflated and then crash suddenly. And there is a risk of scams and frauds such as rug pulls, where creators withdraw liquidity from the market, leaving investors with worthless tokens.
Lastly, due to the emotional nature of investing in memecoins, investors may make impulsive decisions, further amplifying potential losses.
A memecoin is a type of cryptocurrency that draws its inspiration from internet memes, characters or trends. These digital currencies are generally created with a sense of humor, often associated more with entertainment than with practical utility. The main factor driving a memecoinâs value is the meme it is based on, which helps build a strong, dedicated community and attract investment interest.
Despite their fun-loving nature, memecoins are known for their high volatility and speculative nature, as their value can undergo rapid increases and decreases based on social media trends and viral moments, similar to shifts in meme stocks. This makes memecoins a risky proposition for investors, though they have gained considerable popularity, thanks to endorsements from high-profile individuals and their cultural significance in the digital world.
Why do people invest in memecoins?
People invest in memecoins for a variety of reasons.
Thereâs the sense of community and belonging that comes with being part of a shared joke or meme. Investors often find it fun and engaging to be part of these communities where they share memes, jokes and investment tips.
And then thereâs the potential for quick profits â an alluring proposition for investors. Memecoins are known for their extreme volatility, which can result in rapid and substantial gains. Their low prices make them accessible to a broad audience, allowing people to buy large quantities with relatively small investments â at least until a memecoin takes off in value.
Lastly, viral marketing and the influence of social networks play a significant role in each coinâs value. Celebrities and influencers often endorse these coins, driving their popularity and price.
What are the risks of buying and selling memecoins?
Buying and selling memecoins comes with several significant risks.
Memecoins are characterized by high volatility, with prices subject to extreme fluctuations over short periods, often driven by social media trends and celebrity endorsements. This makes them highly speculative investments as memecoins typically lack intrinsic value or real-world utility, making their value heavily dependent on community sentiment rather than fundamental factors.
Additionally, the memecoin market is prone to market manipulation, including pump-and-dump schemes, where prices are artificially inflated and then crash suddenly. And there is a risk of scams and frauds such as rug pulls, where creators withdraw liquidity from the market, leaving investors with worthless tokens.
Lastly, due to the emotional nature of investing in memecoins, investors may make impulsive decisions, further amplifying potential losses.
How to Participate in the GM.AI Airdrop
GM.AI is an artificial intelligence (AI) solution developed on Solana, dedicating 10% of its total supply for an airdrop to the community. Join the GM.AI airdrop with AZC.News now!
How To Participate In The Gmai Airdrop
Table of Contents
Introduction to GM.AI Airdrop
GM.AI is an artificial intelligence project that applies blockchain technology within the Solana ecosystem. This project supports on-chain activities, data management, and profit generation for users. GM.AI uses the GM token with a total supply of 1,000,000,000 tokens, of which 10% is allocated for the airdrop program.
GM.AI Airdrop
#gm #GMOInternetGroup
How To Participate In The Gmai Airdrop
Table of Contents
Introduction to GM.AI Airdrop
GM.AI is an artificial intelligence project that applies blockchain technology within the Solana ecosystem. This project supports on-chain activities, data management, and profit generation for users. GM.AI uses the GM token with a total supply of 1,000,000,000 tokens, of which 10% is allocated for the airdrop program.
GM.AI Airdrop
#gm #GMOInternetGroup
TON and Trust Wallet Announce Integration
strategic partnership with Toncoin, enabling its users to engage effortlessly with the Telegram ecosystem. The TON Blockchain underpins this ecosystem, driving decentralization through web3 initiatives and rapidly emerging as one of the industryâs fastest-growing networks, connecting project founders, developers, and users
Trust Wallet, a premier mobile crypto wallet, offers secure storage, buying, swapping, and management of various cryptocurrencies and NFTs. It facilitates user interaction with decentralized applications (DApps) and supports multiple blockchains, making it an essential tool for crypto enthusiasts.
Toncoin Price Gains After Key Support
Toncoinâs price discovered robust support at $6.5, bolstered by an ascending trendline, which enabled bulls to initiate a trend reversal. Traders have been contending with a pronounced downtrend since TON peaked at its all-time high of $8.28.
Bearish indicators from the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) have prompted traders to short Toncoin. Since the beginning of July, the RSI has shown a consistent downward trend within the neutral zone.
Ton Chart
Ton Chart
Should the price remain above the trend line by weekâs end, bullish momentum might gain strength, potentially breaking through the $7.5 resistance level and advancing towards $10. The MACD could confirm a buy signal on the daily chart, further propelling the uptrend. Traders looking to leverage this indicator should wait for the blue MACD line to cross above the red signal line within an overall upward trend towards the neutral zone before placing buy orders.
The initial profit target is $7.5. However, if the price surpasses this level, Toncoin could rally to $8 and possibly enter a discovery phase, aiming for new all-time highs.
Conversely, a death cross pattern heightens the risk of a continued decline below the trend line and support at $6. This pattern emerged when the 20-day EMA fell below the 50-day EMA. Depending on the intensity of the market headwinds, a more significant sell-off to $5 cannot be ruled out.
Trust Wallet, a premier mobile crypto wallet, offers secure storage, buying, swapping, and management of various cryptocurrencies and NFTs. It facilitates user interaction with decentralized applications (DApps) and supports multiple blockchains, making it an essential tool for crypto enthusiasts.
Toncoin Price Gains After Key Support
Toncoinâs price discovered robust support at $6.5, bolstered by an ascending trendline, which enabled bulls to initiate a trend reversal. Traders have been contending with a pronounced downtrend since TON peaked at its all-time high of $8.28.
Bearish indicators from the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) have prompted traders to short Toncoin. Since the beginning of July, the RSI has shown a consistent downward trend within the neutral zone.
Ton Chart
Ton Chart
Should the price remain above the trend line by weekâs end, bullish momentum might gain strength, potentially breaking through the $7.5 resistance level and advancing towards $10. The MACD could confirm a buy signal on the daily chart, further propelling the uptrend. Traders looking to leverage this indicator should wait for the blue MACD line to cross above the red signal line within an overall upward trend towards the neutral zone before placing buy orders.
The initial profit target is $7.5. However, if the price surpasses this level, Toncoin could rally to $8 and possibly enter a discovery phase, aiming for new all-time highs.
Conversely, a death cross pattern heightens the risk of a continued decline below the trend line and support at $6. This pattern emerged when the 20-day EMA fell below the 50-day EMA. Depending on the intensity of the market headwinds, a more significant sell-off to $5 cannot be ruled out.
Benefits for Users:
Select the best projects and follow the signal.
Earn more HP for future opportunities with HEXN.
Help grow our project so it succeeds in the end.
Benefits for the HEXN Team:
Understand user needs better, improving our project.
Strengthen partnerships, offering new opportunities.
Attract more collaborators, increasing project awareness.
Select the best projects and follow the signal.
Earn more HP for future opportunities with HEXN.
Help grow our project so it succeeds in the end.
Benefits for the HEXN Team:
Understand user needs better, improving our project.
Strengthen partnerships, offering new opportunities.
Attract more collaborators, increasing project awareness.
If you are Farming DOGS, go and check your dashboard, there are some new tasks
Complete the task and earn your points.
Complete the task and earn your points.
Ton Ecosystem and security privacy đ
Beware of Toncoin Pyramid Schemes
Telegramâs support for TON Blockchain has unfortunately attracted scammers looking to exploit unsuspecting users. Here's a detailed breakdown of the scam:
Set Up: Scammers send a link to an âexclusive earning programâ that seems to come from friends or contacts. They prompt users to join an unofficial Telegram bot, falsely claiming it is for storing cryptocurrency.
Investment: Users are instructed to buy Toncoin through legitimate channels like Wallet, P2P markets, or crypto exchanges. This adds false credibility. Once purchased, users must transfer their Toncoin to the scam bot.
Boosters: Victims are pressured to buy âboostersâ via a separate bot, costing between 5 to 500 Toncoin. At this point, users lose their cryptocurrency.
Recruitment: Scammers promote a referral program, asking users to create private Telegram groups and invite friends. They promise earnings from a fixed payment of 25 TON per referral and commissions based on the boosters bought by referrals.
In reality, this is a classic pyramid scheme. The scammers make money while everyone else loses their investment.
Stay vigilant and only use official channels to manage your Toncoin.
How to protect yourself safe
To protect yourself from online scams and ensure the security of your Telegram account, follow these essential steps:
Enable Two-Step Verification on Telegram: Go to Settings > Privacy and Security > Two-Step Verification to add extra security to your account.
Verify Contacts: Be wary of unsolicited messages asking for personal information or money. Confirm the senderâs identity through other means.
Review Telegram Account Activity Regularly: Go to Settings > Devices > Active Sessions to check for unknown devices or sessions logged into your account.
Report Suspicious Activity: If you encounter a scam, report it to Telegram.
Avoid Get-Rich-Quick Schemes: Be cautious of schemes, even if promoted by friends or familyâthey might be unaware victims.
Never Transfer Cryptocurrency to Unknown Wallets: Always verify the recipient before transferring cryptocurrency to avoid scams.
Staying safe in TON and Telegram requires vigilance and awareness. By recognizing common scams and following these security tips, you can protect your assets and personal information. Always verify sources, be skeptical of too-good-to-be-true offers, and use only official channels for transactions. By staying informed and cautious, you can enjoy the benefits of TON and Telegram without falling victim to fraud!
end in Need: Scammers impersonate friends or family, urgently asking for money. Always verify their identity.
Phishing: Fake websites mimic real ones to steal login details. Verify URLs and avoid unsolicited links.
Investment Scams: These scams are very common in crypto generally, they promise high returns without proof. Research thoroughly; if it sounds too good to be true, it probably is.
Fake Surveys: Offers of prizes for participating in surveys to steal personal info. Avoid sharing details with unknown surveyors.
Fake Job Offers: Attractive job ads asking for personal info or payments. Verify through official channels.
Classified Ad Scams: Fake listings directing you to fraudulent Telegram bots to steal info.
Pump and Dump: Groups manipulate crypto prices for profit, leaving others with losses. Always research and verify investment advice.
Romance Scams: Online relationships where scammers request money or personal information. Be cautious with online acquaintances asking for money
#tonblockchain #btc #trx #ION
Telegramâs support for TON Blockchain has unfortunately attracted scammers looking to exploit unsuspecting users. Here's a detailed breakdown of the scam:
Set Up: Scammers send a link to an âexclusive earning programâ that seems to come from friends or contacts. They prompt users to join an unofficial Telegram bot, falsely claiming it is for storing cryptocurrency.
Investment: Users are instructed to buy Toncoin through legitimate channels like Wallet, P2P markets, or crypto exchanges. This adds false credibility. Once purchased, users must transfer their Toncoin to the scam bot.
Boosters: Victims are pressured to buy âboostersâ via a separate bot, costing between 5 to 500 Toncoin. At this point, users lose their cryptocurrency.
Recruitment: Scammers promote a referral program, asking users to create private Telegram groups and invite friends. They promise earnings from a fixed payment of 25 TON per referral and commissions based on the boosters bought by referrals.
In reality, this is a classic pyramid scheme. The scammers make money while everyone else loses their investment.
Stay vigilant and only use official channels to manage your Toncoin.
How to protect yourself safe
To protect yourself from online scams and ensure the security of your Telegram account, follow these essential steps:
Enable Two-Step Verification on Telegram: Go to Settings > Privacy and Security > Two-Step Verification to add extra security to your account.
Verify Contacts: Be wary of unsolicited messages asking for personal information or money. Confirm the senderâs identity through other means.
Review Telegram Account Activity Regularly: Go to Settings > Devices > Active Sessions to check for unknown devices or sessions logged into your account.
Report Suspicious Activity: If you encounter a scam, report it to Telegram.
Avoid Get-Rich-Quick Schemes: Be cautious of schemes, even if promoted by friends or familyâthey might be unaware victims.
Never Transfer Cryptocurrency to Unknown Wallets: Always verify the recipient before transferring cryptocurrency to avoid scams.
Staying safe in TON and Telegram requires vigilance and awareness. By recognizing common scams and following these security tips, you can protect your assets and personal information. Always verify sources, be skeptical of too-good-to-be-true offers, and use only official channels for transactions. By staying informed and cautious, you can enjoy the benefits of TON and Telegram without falling victim to fraud!
end in Need: Scammers impersonate friends or family, urgently asking for money. Always verify their identity.
Phishing: Fake websites mimic real ones to steal login details. Verify URLs and avoid unsolicited links.
Investment Scams: These scams are very common in crypto generally, they promise high returns without proof. Research thoroughly; if it sounds too good to be true, it probably is.
Fake Surveys: Offers of prizes for participating in surveys to steal personal info. Avoid sharing details with unknown surveyors.
Fake Job Offers: Attractive job ads asking for personal info or payments. Verify through official channels.
Classified Ad Scams: Fake listings directing you to fraudulent Telegram bots to steal info.
Pump and Dump: Groups manipulate crypto prices for profit, leaving others with losses. Always research and verify investment advice.
Romance Scams: Online relationships where scammers request money or personal information. Be cautious with online acquaintances asking for money
#tonblockchain #btc #trx #ION
Continuation...
An analysis of Coinglass data reveals a significant 2.16% drop in open interest and a 25% decrease in open interest volume over the past day, indicating reduced trading activity and potentially lower speculative interest. This decline suggests traders are less willing to take positions in Bitcoin, anticipating further price drops.
Moreover, the MVRV ratio, which compares Bitcoinâs market value to its realized value, stands at 1.98 at the time of writing. This ratio helps determine whether Bitcoin is undervalued or overvalued relative to its historical price norms. An MVRV ratio below 2 typically indicates Bitcoin is undervalued, suggesting prices could rise if market sentiment shifts. However, given the current market conditions and economic uncertainty, this potential growth should be approached with caution.
An analysis of Coinglass data reveals a significant 2.16% drop in open interest and a 25% decrease in open interest volume over the past day, indicating reduced trading activity and potentially lower speculative interest. This decline suggests traders are less willing to take positions in Bitcoin, anticipating further price drops.
Moreover, the MVRV ratio, which compares Bitcoinâs market value to its realized value, stands at 1.98 at the time of writing. This ratio helps determine whether Bitcoin is undervalued or overvalued relative to its historical price norms. An MVRV ratio below 2 typically indicates Bitcoin is undervalued, suggesting prices could rise if market sentiment shifts. However, given the current market conditions and economic uncertainty, this potential growth should be approached with caution.
Evaluating Bitcoinâs Recent Price Increase
Crypto analyst Willy Woo recently provided insights into BTCâs volatility, suggesting that while recent price corrections have reduced some of the marketâs excessive leverage, a full recovery is still distant.
According to Woo, the market continues to face excessive speculation that needs to be addressed for price stabilization. Woo noted that the recent rise to $62,000 was more of a technical rebound rather than a fundamental recovery, indicating deeper issues still affecting the Bitcoin market. He described the latest price increase as a technical correction driven by automated trading algorithms, rather than a genuine surge in buyer demand.
He pointed to specific patterns, such as the TD9 reversal and hidden bullish divergence, indicating a short-term recovery but not necessarily long-term health. Woo stated, âSo far, this technical reversal is underw
However, he emphasized that this recovery does not reflect underlying fundamental strength. The market is merely adjusting from previous overselling without any significant changes in the actual supply and demand dynamics of Bitcoin.
For a true bullish reversal in fundamentals, there needs to be an increase in the number of spot buyers purchasing coins directly from exchanges, a trend that is not yet evident.
Woo also noted, âWe are still waiting for the hash rate to rise again, which is a clear sign that miners have stopped selling to fund hardware upgrades.â
He concluded, âSo, be prepared for boring price action for several more weeks. This is not the time for moonshots. Itâs time for speculators to either liquidate themselves or become disheartened and close their positions. Only then can we move forward. The best path here is to stack up and let the weak hands get out.â
In-Depth Market Insights
Market data on Bitcoinâs open interest and trading volume further exacerbate its bearish outlook.
Crypto analyst Willy Woo recently provided insights into BTCâs volatility, suggesting that while recent price corrections have reduced some of the marketâs excessive leverage, a full recovery is still distant.
According to Woo, the market continues to face excessive speculation that needs to be addressed for price stabilization. Woo noted that the recent rise to $62,000 was more of a technical rebound rather than a fundamental recovery, indicating deeper issues still affecting the Bitcoin market. He described the latest price increase as a technical correction driven by automated trading algorithms, rather than a genuine surge in buyer demand.
He pointed to specific patterns, such as the TD9 reversal and hidden bullish divergence, indicating a short-term recovery but not necessarily long-term health. Woo stated, âSo far, this technical reversal is underw
However, he emphasized that this recovery does not reflect underlying fundamental strength. The market is merely adjusting from previous overselling without any significant changes in the actual supply and demand dynamics of Bitcoin.
For a true bullish reversal in fundamentals, there needs to be an increase in the number of spot buyers purchasing coins directly from exchanges, a trend that is not yet evident.
Woo also noted, âWe are still waiting for the hash rate to rise again, which is a clear sign that miners have stopped selling to fund hardware upgrades.â
He concluded, âSo, be prepared for boring price action for several more weeks. This is not the time for moonshots. Itâs time for speculators to either liquidate themselves or become disheartened and close their positions. Only then can we move forward. The best path here is to stack up and let the weak hands get out.â
In-Depth Market Insights
Market data on Bitcoinâs open interest and trading volume further exacerbate its bearish outlook.
Is Kaspa crypto set for a breakout above $0.2 next, or can bears take control?
Kaspa crypto (KAS) experienced a 24.6% increase last week, with a bullish trend since mid-May when $0.13 became a strong support level. The resistance level to watch is $0.184, with a potential for KAS to consolidate around $0.184-$0.193. Fibonacci retracement levels showed supports at $0.13 and $0.106. Though a short-term rally saw RSI indicating bullish momentum, the OBV did not clear resistance levels from April, suggesting an unstable uptrend. The $0.12-$0.14 region provided liquidity for a climb towards $0.196 and $0.2, where KAS might establish a trading range.
Kaspa crypto (KAS) experienced a 24.6% increase last week, with a bullish trend since mid-May when $0.13 became a strong support level. The resistance level to watch is $0.184, with a potential for KAS to consolidate around $0.184-$0.193. Fibonacci retracement levels showed supports at $0.13 and $0.106. Though a short-term rally saw RSI indicating bullish momentum, the OBV did not clear resistance levels from April, suggesting an unstable uptrend. The $0.12-$0.14 region provided liquidity for a climb towards $0.196 and $0.2, where KAS might establish a trading range.
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đ„Todayâs Hamster Kombat Daily Cipher Morse code
The code: MINER
M: -- (dash dash)
I: âąâą (dot dot)
N: -âą (dash dot)
E: âą (dot)
R: âą-âą (dot dash dot)
The code: MINER
M: -- (dash dash)
I: âąâą (dot dot)
N: -âą (dash dot)
E: âą (dot)
R: âą-âą (dot dash dot)
Beginning of Crypto journey
Good morning let check the meaning of some basic terms in crypto đ„
" Blockchain":A blockchain is a decentralized and distributed digital ledger used to record transactions across many computers.
"Layer 1 Blockchain":Layer 1 refers to the base layer of the blockchain architecture. It is the underlying blockchain itself, such as Bitcoin or Ethereum. These blockchains process and validate transactions directly on their own network.
"Layer 2 Blockchain":Layer 2 solutions are built on top of Layer 1 blockchains to improve scalability and efficiency. They handle transactions off the main blockchain (Layer 1) and then report back to it, thus reducing the load on the main network and reduce Gas fees Examples . polygon linked to Ethereum
"Bridge DEX" (Decentralized Exchange):A bridge DEX facilitates the transfer of assets between different blockchain networks. This type of exchange allows users to trade tokens across different blockchains seamlessly. For instance, you can swap tokens from Ethereum to Binance Smart Chain using a bridge DEX like Gas.zip
"Onchain":
Onchain refers to any transaction, data, or operation that is recorded directly on the blockchain.
"Native Token":A native token is the primary digital asset of a blockchain.It is used to pay for transaction fees, . For example,Ether (ETH) is the native token of the Ethereum blockchain,core as native token for core Blockchain
"Native Wallet":A native wallet is a digital wallet specifically designed to store and manage the native token of a blockchain,along with any other compatible assets.It is directly integrated with the blockchain network.Examples include MetaMask for Ethereum,Trust Wallet for multiple blockchains, phantom for Solana,and XUMM FOR XRP
"dApp (Decentralized Application):A dApp is an application that runs on a blockchain network,using smart contracts to execute transactions & operations.Unlike traditional apps,they are not controlled by any single entity,making operations safer $ efficient
#OpenEX #bome #NOT #btc #Megadrop
" Blockchain":A blockchain is a decentralized and distributed digital ledger used to record transactions across many computers.
"Layer 1 Blockchain":Layer 1 refers to the base layer of the blockchain architecture. It is the underlying blockchain itself, such as Bitcoin or Ethereum. These blockchains process and validate transactions directly on their own network.
"Layer 2 Blockchain":Layer 2 solutions are built on top of Layer 1 blockchains to improve scalability and efficiency. They handle transactions off the main blockchain (Layer 1) and then report back to it, thus reducing the load on the main network and reduce Gas fees Examples . polygon linked to Ethereum
"Bridge DEX" (Decentralized Exchange):A bridge DEX facilitates the transfer of assets between different blockchain networks. This type of exchange allows users to trade tokens across different blockchains seamlessly. For instance, you can swap tokens from Ethereum to Binance Smart Chain using a bridge DEX like Gas.zip
"Onchain":
Onchain refers to any transaction, data, or operation that is recorded directly on the blockchain.
"Native Token":A native token is the primary digital asset of a blockchain.It is used to pay for transaction fees, . For example,Ether (ETH) is the native token of the Ethereum blockchain,core as native token for core Blockchain
"Native Wallet":A native wallet is a digital wallet specifically designed to store and manage the native token of a blockchain,along with any other compatible assets.It is directly integrated with the blockchain network.Examples include MetaMask for Ethereum,Trust Wallet for multiple blockchains, phantom for Solana,and XUMM FOR XRP
"dApp (Decentralized Application):A dApp is an application that runs on a blockchain network,using smart contracts to execute transactions & operations.Unlike traditional apps,they are not controlled by any single entity,making operations safer $ efficient
#OpenEX #bome #NOT #btc #Megadrop
Guide To Participating In Hybrid Airdrop
Table of Contents
Introduction to Hybrid Airdrop
Hybrid is an EVM-compatible Layer 2 blockchain that integrates the Mixture of Experts (MoE) framework, allowing for easy creation and monetization of AI agents in a plug-and-play manner. This platform is designed to enhance data integrity and usability in blockchain applications, supporting the development and deployment of AI-driven solutions across various industries.
Hybrid is organizing a quest campaign for users. Their HYB token has been confirmed, and users can earn free points by completing various social tasks through the Quests campaign. The team has confirmed that the points earned can be converted to HYB after the Token Generation Event (TGE).
Guide to Participating in Hybrid Airdrop
Step 1: Access Hybridâs quest page.
Step 2: Connect your wallet.
Step 1 Hybrid Airdrop
Step 3: Click âClaimâ for each task to begin.
Step 4: Complete the tasks, prioritizing the testnet task. The more tasks you complete, the more points you earn.
Testnet
Step 5: Invite friends to join and receive free XP.
The Hybrid team has confirmed that HYB tokens will be converted from points earned after the TGE. Therefore, the more tasks you complete and XP you accumulate, the more HYB rewards you will receive after the TGE.
#MicroStrategy #BinanceTournament #HyperiumNetwork #Hybrid #NOTđ„đ„đ„
Table of Contents
Introduction to Hybrid Airdrop
Hybrid is an EVM-compatible Layer 2 blockchain that integrates the Mixture of Experts (MoE) framework, allowing for easy creation and monetization of AI agents in a plug-and-play manner. This platform is designed to enhance data integrity and usability in blockchain applications, supporting the development and deployment of AI-driven solutions across various industries.
Hybrid is organizing a quest campaign for users. Their HYB token has been confirmed, and users can earn free points by completing various social tasks through the Quests campaign. The team has confirmed that the points earned can be converted to HYB after the Token Generation Event (TGE).
Guide to Participating in Hybrid Airdrop
Step 1: Access Hybridâs quest page.
Step 2: Connect your wallet.
Step 1 Hybrid Airdrop
Step 3: Click âClaimâ for each task to begin.
Step 4: Complete the tasks, prioritizing the testnet task. The more tasks you complete, the more points you earn.
Testnet
Step 5: Invite friends to join and receive free XP.
The Hybrid team has confirmed that HYB tokens will be converted from points earned after the TGE. Therefore, the more tasks you complete and XP you accumulate, the more HYB rewards you will receive after the TGE.
#MicroStrategy #BinanceTournament #HyperiumNetwork #Hybrid #NOTđ„đ„đ„
Terms in crypto currency
Good morning let check the meaning of some basic terms in crypto đ„
" Blockchain":A blockchain is a decentralized and distributed digital ledger used to record transactions across many computers.
"Layer 1 Blockchain":Layer 1 refers to the base layer of the blockchain architecture. It is the underlying blockchain itself, such as Bitcoin or Ethereum. These blockchains process and validate transactions directly on their own network.
"Layer 2 Blockchain":Layer 2 solutions are built on top of Layer 1 blockchains to improve scalability and efficiency. They handle transactions off the main blockchain (Layer 1) and then report back to it, thus reducing the load on the main network and reduce Gas fees Examples . polygon linked to Ethereum
"Bridge DEX" (Decentralized Exchange):A bridge DEX facilitates the transfer of assets between different blockchain networks. This type of exchange allows users to trade tokens across different blockchains seamlessly. For instance, you can swap tokens from Ethereum to Binance Smart Chain using a bridge DEX like Gas.zip
"Onchain":
Onchain refers to any transaction, data, or operation that is recorded directly on the blockchain.
"Native Token":A native token is the primary digital asset of a blockchain.It is used to pay for transaction fees, . For example,Ether (ETH) is the native token of the Ethereum blockchain,core as native token for core Blockchain
"Native Wallet":A native wallet is a digital wallet specifically designed to store and manage the native token of a blockchain,along with any other compatible assets.It is directly integrated with the blockchain network.Examples include MetaMask for Ethereum,Trust Wallet for multiple blockchains, phantom for Solana,and XUMM FOR XRP
"dApp (Decentralized Application):A dApp is an application that runs on a blockchain network,using smart contracts to execute transactions & operations.Unlike traditional apps,they are not controlled by any single entity,making operations safer $ efficient
#OpenEX #bome #NOT #btc #ton
" Blockchain":A blockchain is a decentralized and distributed digital ledger used to record transactions across many computers.
"Layer 1 Blockchain":Layer 1 refers to the base layer of the blockchain architecture. It is the underlying blockchain itself, such as Bitcoin or Ethereum. These blockchains process and validate transactions directly on their own network.
"Layer 2 Blockchain":Layer 2 solutions are built on top of Layer 1 blockchains to improve scalability and efficiency. They handle transactions off the main blockchain (Layer 1) and then report back to it, thus reducing the load on the main network and reduce Gas fees Examples . polygon linked to Ethereum
"Bridge DEX" (Decentralized Exchange):A bridge DEX facilitates the transfer of assets between different blockchain networks. This type of exchange allows users to trade tokens across different blockchains seamlessly. For instance, you can swap tokens from Ethereum to Binance Smart Chain using a bridge DEX like Gas.zip
"Onchain":
Onchain refers to any transaction, data, or operation that is recorded directly on the blockchain.
"Native Token":A native token is the primary digital asset of a blockchain.It is used to pay for transaction fees, . For example,Ether (ETH) is the native token of the Ethereum blockchain,core as native token for core Blockchain
"Native Wallet":A native wallet is a digital wallet specifically designed to store and manage the native token of a blockchain,along with any other compatible assets.It is directly integrated with the blockchain network.Examples include MetaMask for Ethereum,Trust Wallet for multiple blockchains, phantom for Solana,and XUMM FOR XRP
"dApp (Decentralized Application):A dApp is an application that runs on a blockchain network,using smart contracts to execute transactions & operations.Unlike traditional apps,they are not controlled by any single entity,making operations safer $ efficient
#OpenEX #bome #NOT #btc #ton
Well, your "Yes" makes it a bit tricky. But no worries, let's tackle both.
1. Crystal Token (CYL) is a cryptocurrency token that introduces a unique staking model which includes two different staking opportunities.
2. Bitfury's Crystal is a tool designed for blockchain and cryptocurrency investigations. It helps reveal and track illegal activities in the crypto space.
Remember, always DYOR (Do Your Own Research) before deciding to invest in any projects.
#IOprediction #altcoins #ETHETFsApproved #BlackRock
1. Crystal Token (CYL) is a cryptocurrency token that introduces a unique staking model which includes two different staking opportunities.
2. Bitfury's Crystal is a tool designed for blockchain and cryptocurrency investigations. It helps reveal and track illegal activities in the crypto space.
Remember, always DYOR (Do Your Own Research) before deciding to invest in any projects.
#IOprediction #altcoins #ETHETFsApproved #BlackRock
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