Passion for crypto drives me to stay updated on the latest news,ensuring I remain at ē forefront of this evolving field as a valuable asset in the crypto world.
Will $SHIB reach $1 🚀Shiba Inu’s team just dropped a major update for ShibaSwap and teased an upgrade for Shibarium’s native NFTs!
📤SHIB surged by 11% yesterday, hitting $0.0000189! Boosting an impressive 124% increase over the past year.
📉While it’s down 1.89% for the week, the recent rally aligns with overall market optimism ahead of elections. Traders are eyeing a potential win for the pro-crypto Donald Trump, that will affect crypto in a positive way.
PEPE's Grand Entry Into Japan 🐸PEPE just made history! It’s now the first meme coin to score a spot on a Japanese crypto exchange—BITPoint Japan.🤔Why’s this big? Japan’s strict on crypto, but they just rolled out the red carpet for our frog friend! BITPoint Japan’s got PEPE in spot trading, lending, and even savings.🥳Ready for some fun? They’re dropping two campaigns. One, buy 10,000 yen of PEPE, and you might win 100,000 yen. Runs till Nov. 27! The other’s a giveaway for BITPoint’s X followers. Will $PEPE go to the moon
Trading on Binance can be lucrative, but it's crucial to navigate the platform carefully. Here are some key strategies to ensure a safer trading experience:
1. Conduct Thorough Research Before making trades, invest time in understanding cryptocurrencies. Research projects, market trends, and associated risks. Knowledge will protect you from poor investment choices.
2. Avoid Overtrading Frequent trades can lead to emotional decisions and higher transaction fees. Stick to your trading strategy and resist the urge to buy and sell based on market volatility.
3. Prioritize Security Always secure your account. Enable two-factor authentication (2FA) and be cautious with your personal information. For long-term storage, consider using a secure wallet.
4. Don’t Chase Losses Resisting the urge to quickly recover losses is vital, as this often results in deeper losses. Adhere to your trading plan and avoid impulsive decisions.
5. Manage FOMO and FUD Fear of missing out (FOMO) and fear, uncertainty, and doubt (FUD) can lead to poor judgment. Stay composed and follow your strategy rather than reacting to market hysteria.
6. Use Stop-Loss Orders To mitigate risk, consider implementing stop-loss orders. These automatically sell your assets at a predetermined price, helping to limit potential losses.
7. **Invest Wisely** Only invest what you can afford to lose. This mindset helps you make more rational decisions without the added stress of potential financial loss.
8. Stay Updated on Market Trends Keep an eye on market news and developments that could impact your investments. Awareness of market sentiment can inform better trading decisions.
CONCLUSION By steering clear of these common pitfalls, you can improve your trading experience on Binance and boost your chances of success. A disciplined, informed approach is essential for navigating the crypto market effectively.
Department Of Government Efficiency: Are we gonna laugh again??? Is Elon giving us a hint again? That's what $DOGE investors are asking themselves. Here are your answers. $DOGE entered an extended accumulation range after hitting a new yearly peak in May 2024. Since then, the price has fluctuated widely, presumably giving investors time to enter back into the meme coin at lower prices. However, with the market on a decline and expectations for a recovery on the horizon and investors seem to be done with their buying. This signals that the drawn-out accumulation trend could be at an end, something that could be bullish.
Crypto analyst, VIAQUANT, on the TradingView website, has suggested that the Dogecoin accumulation trend is finally at its end. The crypto analyst points to an important indicator, namely the Moving Average, and their positioning being the evidence that this is the case.According to VIAQUANT, it's price has defended multiple moving averages on important timeframes. This development shows not only strength, but an end to the accumulation phase. The important moving averages here are the 21 Moving Average, the 100 Moving Average, and the 200-Day Moving Average. The analysis points out that on the 3-day chart, it's price has held the 200 Moving Average. Next is the 100 Moving Average on the weekly chart, even after a rapid decline over the last week. Last but not least is the 21 Moving Average, which continues to hold tightly on the monthly chart.
Given these developments, the crypto analyst believes that these moving averages being held show that it's accumulation phase has ended. Not only that, they posit that this also means that the meme coin could be gearing up for another price recovery from here. Presently, $DOGE prices are still struggling against the headwinds of the bearish crypto market. But if VIAQUANT’s analysis is correct, then this could only be short-lived from here. Given how much the coin has fallen in the last few months, a bounce from here could be phenomenal.
Is it time??? The cryptocurrency fear and greed index has plummeted to 22. The cryptocurrency market is rife with fear.Many people overlook that Q4 (usually bullish) is almost approaching.-The M2 money supply is increasing.-Rate cuts are on the way.-The US elections are only 60 days away.
All eyes on the King of Coins: Bitcoin price declines as US stock market Sinks
Currently trading at $57,552, bitcoin's technical outlook is currently focused on the critical $56,000 threshold. After encountering resistance at the 50% Fibonacci retracement level of $59,560—calculated from the peak in late July to the trough in early August—Bitcoin experienced a 2.78% decline on Tuesday. This downward momentum persisted on Wednesday, with an additional 1.5% drop bringing the price to $56,622, where it tested the daily support level at $56,022.Should Bitcoin's price breach this $56,022 support and close below it, further depreciation could ensue, potentially driving the cryptocurrency down by approximately 3.5% to revisit the psychological support level at $54,000.
Currently, the Relative Strength Index (RSI) and the Awesome Oscillator (AO) on the daily chart are positioned below their neutral benchmarks of 50 and zero, respectively. This positioning indicates subdued momentum and suggests a likely continuation of the bearish trend.
Conversely, if Bitcoin manages to surpass the $59,560 resistance level and secure a close above the 61.8% Fibonacci retracement level at $62,019, it would negate the bearish outlook. In such a scenario, the cryptocurrency could extend its upward trajectory, potentially climbing an additional 5.5% to challenge the daily resistance level at $65,379.
What are your thoughts on $BTC ?? I'll really appreciate your views and analysis on #BTC☀
When everybody has fear be greedy and when everybody is greedy have fear. That is the only thing one has to know to safely journey in the crypto multiverse. The obstacles are always evident in this journey. Stop diving into lava and keep blaming whales for what you yourself would do if you had a chance. It has always been about you. You are the one making the market and a key player, know your place and understand it to your advantage.
This is the question everyone in possession of $DOGS is asking themselves. Currently trading at a Price: $0.0011315, it has shown a modest uptrend recently. Predictions suggest it could reach up to $0.0012 today.
However, the cryptocurrency market's high volatility can lead to rapid price changes.The DOGS digital token has seen a significant decline in value over the past few days, which has raised considerable concern among investors. This sudden drop appears to be linked to substantial sell-offs by a few major investors, which has caused the token's price to plummet sharply. The scale of these sell-offs has led to a cascade effect, exacerbating the drop in value and increasing market volatility.
As the token's value continues to fall, investors are growing increasingly anxious about its future, especially given the lack of communication or reassurance from the development team. This uncertainty is fueling market anxiety, with many fearing that the token's value could keep decreasing if no immediate measures are taken to restore confidence among investors.
Positive side
1.Massive Adoption: DOGS benefited from one of the largest airdrops in cryptocurrency history, distributing tokens to over 42 million Telegram users. 2.Strong Community: It has quickly developed a dedicated following, with nearly 17 million subscribers on its Telegram channel.
Negative side
1.High Volatility: As a meme coin, DOGS can experience significant price swings in a short time. 2.Network Outage: The initial launch overloaded the TON blockchain, causing outages that may impact investor confidence.
Today’s Forecast Technical analysis and current factors suggest DOGS’ price could range from $0.0011 to $0.0012 today. While a bullish market may lead to a slight increase, be prepared for potential volatility. So what's your opinions on $DOGS will you HODL or ........ #DOGSONBINANCE #CryptoMarketMoves #dogsday
Japan’s Metaplanet plans 1B yen bond sale to buy more Bitcoin
If it could buy the Bitcoin today, Metaplanet’s total Bitcoin holdings would be 241 Bitcoin, worth around $15 million. Tokyo-based investment and consulting firm Metaplanet Inc. is planning to issue 1 billion yen ($6.26 million) worth of bonds to raise money to buy Bitcoin The firm said in a Monday, June 24 notice that its board had agreed to the move and the Bitcoin BTCtickers down$62,319 would be “for long-term holding.” A separate notice shared the bonds would pay an annual rate of 0.5%.Metaplanet shares were up 11.5% on Monday to trade at 96 yen ($0.60) continuing the over 500% gain its stock price has seen so far this year, according to Google Finance. Meanwhile, Bitcoin has hit an over 40-day low, falling 2.6% in the past day to $62,733 after nearly touching $72,000 in early June, CoinGecko data shows. If Metaplanet were to purchase 1 billion yen worth of Bitcoin today, they would receive nearly 100 BTC, approximately 99.84 BTC. The planned purchase would add to its current crypto stack, which hit 141.07 BTC after Metaplanet said on June 11 that it scooped 23.25 BTC.
It first purchased 117 BTC in mid-May, saying it was adopting a “Bitcoin-first, Bitcoin-only approach” to its treasury in a “direct response to sustained economic pressures in Japan.”
At its last holdings report earlier in June, Metaplanet said its average purchasing price was 10.28 million yen, or $65,365, per Bitcoin — meaning it would now be underwater on its strategy.
Its BTC buying and the subsequent soaring share price have seen some compare it to America’s MicroStrategy.
The United States software company holds the record for a public company with the most Bitcoin holdings, with 214,400 BTC worth $13.4 billion, per Bitbo data. $BTC #Bitcoin❗ #BTC☀ #MicroStrategy
Worldcoin ($WLD ) Price Forecast for 2024 and 2025
Worldcoin (WLD) stands out as a groundbreaking cryptocurrency developed by OpenAI, renowned for pioneering advancements in artificial intelligence, including ChatGPT. Combining AI with blockchain technology, Worldcoin aims to establish a universal digital identity and financial network accessible to all. Utilizing biometric verification via an orb, Worldcoin ensures each user's uniqueness, thereby preventing fraud and promoting equitable distribution of digital assets. This innovative approach positions Worldcoin as a significant player in the evolving landscape of digital identity and decentralized finance (DeFi).
Historical Performance and Current Status
Worldcoin achieved an all-time high (ATH) of $11.74, yet its current trading range is notably lower, fluctuating between $2.7 and $3.12.
Price Outlook for 2024
Analysts project that by the close of 2024, Worldcoin could trade between $24 and $25, marking a potential growth surge of 800% to 900% from its present levels. This substantial growth is anticipated due to increased technology adoption, strategic partnerships, and favorable regulatory developments. If realized, this projection could double Worldcoin's previous ATH. Price Forecast for 2025
Looking ahead to 2025, Worldcoin's value may rise to approximately $30 to $32. Continued expansion is expected as Worldcoin capitalizes on its unique capabilities, expands its user base, and solidifies its position in the global financial ecosystem.
Worldcoin presents a compelling investment opportunity with its emphasis on global financial inclusion, advanced technology integration, and strategic growth initiatives. Despite its current distance from its ATH, Worldcoin's potential for significant price appreciation remains robust, driven by its foundational strengths and strategic market positioning. What are your opinions on that??? $WLD #WorldCoin. #Worldcoin #WLDToTheMoon #WLD🔥🔥🔥
Was the Bitcoin halving an overhyped calculated scheme to help Investors Hoard funds
Bitcoin halving is often misunderstood as a mechanism to Ponzi more money from traders, but in reality, it's a fundamental feature designed to regulate the cryptocurrency's supply and maintain its value proposition. Scheduled approximately every four years, Bitcoin halving reduces the reward miners receive for validating transactions by half, which over time limits the total number of bitcoins that can ever exist to 21 million. This scarcity is intended to increase Bitcoin's value by controlling
Ripple to Issue USD-backed Stablecoin Bringing More Utility and Liquidity to XRP Ledger Ripple,the leading provider of enterprise blockchain and crypto solutions, announced its plans to launch a stablecoin, pegged 1:1 to the US dollar (USD). Ripple’s stablecoin will be 100% backed by US dollar deposits, short-term US government treasuries, and other cash equivalents.These reserve assets will be audited by a third-party accounting firm,and Ripple will publish monthly attestations The stablecoin market is about $150B today, and is forecasted to exceed $2.8 trillion by 2028.There’s clear demand for stablecoins that deliver trust, stability, and utility.To meet this growing demand, Ripple will issue a stablecoin,leveraging its decade-plus of experience building real-world financial solutions for institutions around the world. "This is a natural step for Ripple to continue bridging the gap between traditional finance and crypto,” said Brad Garlinghouse, Ripple CEO. “Institutions entering this space are finding success by partnering with compliant,crypto-native players and Ripple's track record and resiliency speaks for itself,as we launch new products and acquire companies through multiple market cycles.This move is also monumental for the XRP Ledger community,driving more use cases,liquidity and opportunities for developers and users.” At launch,it will be available on the XRP Ledger (XRPL) and Ethereum blockchains,with plans to expand to additional blockchains and DeFi protocols and apps over time. “Issuing our stablecoin on the XRP Ledger and Ethereum will serve as a pivotal entry point to unlock new opportunities for institutional and DeFi use cases across multiple ecosystems,” added Monica Long,Ripple President.“The XRPL’s native capabilities, including a decentralized exchange and automated market maker,were built to utilize $XRP as the bridge asset.Bringing a trusted stablecoin onto XRPL will drive more adoption and development,contributing to a vibrant ecosystem.”
Exclusively through meme coins can one witness an astonishing jump from $100 to $10,000 within a mere 10 days. We've witnessed numerous individuals turn $1,000 into over $50,000 through meme coin trading. Back a day, a Twitter user experienced an 80% loss on their $100,000 investment in a meme coin in less than 24 hours. Why would someone risk such a large sum on a random meme coin? The allure lies in the desire to chase the exhilarating feeling of achieving astronomical returns, ranging from 50x to 1000x, commonly associated with trading meme coins. Many individuals, having tasted success in such endeavors, embark on a quest for life-changing opportunities by investing significant sums into obscure meme coins, hoping for a 10x or even 1000x return. However, the unfortunate reality often culminates in total loss. It's worth noting that many influencers endorsing meme coins are primarily motivated by self-interest, seeking to inflate the value of their own holdings. They frequently pivot from one meme coin to another, urging followers to "hold on" while discreetly offloading their shares to capitalize on profits. Following this pattern, they perpetuate the cycle by seeking out or creating new meme coins to repeat the process. Interestingly, many of these influencers, after promoting and profiting from meme projects, subsequently invest in more stable ventures for long-term gains. It's imperative to exercise caution and vigilance in this volatile market. ⚠️Remember,once you taste a win in crypto then u've tasted the most addictive financial drug. You'll tend to keep coming for more. Discipline yourself,Greed natures a downfall. Now, what is the optimal approach to trading meme coins??? It's all up to you😇
⚠️The New World Order‼️ Despite initial skepticism, cryptocurrencies have proven to be more than just a passing trend as we've witnessed it's meteoric rise.
Compelling reasons why you should consider investing in crypto:
High Returns: Cryptocurrencies have demonstrated the potential for substantial returns on investment. Bitcoin, for instance, has experienced remarkable price appreciation since its inception, turning early investors into millionaires.
Diversification of Investment Portfolio: Traditional investment portfolios typically consist of stocks, bonds, and real estate. Adding crypto then provides diversification, thereby reducing overall risk and they can serve as a hedge against economic downturns and inflation.
Accessibility and Inclusivity: Unlike traditional financial markets that are often restricted by geographic location or regulatory barriers, crypto offer accessibility to anyone with an internet connection.Thus,empowers individuals from diverse backgrounds to participate in the global economy and potentially generate wealth.
Decentralization and Financial Sovereignty: Cryptocurrencies operate on decentralized networks, meaning they are not controlled by any single entity or government giving users control over their finances.
Rising Institutional Adoption: Institutional adoption of crypto is on the rise, with major companies, investment firms, and even governments embracing digital assets. This mainstream acceptance lends credibility to the legitimacy and longevity of cryptocurrencies as a viable asset.
Payment Method: While cryptocurrencies were once primarily viewed as speculative assets, their acceptance as a means of payment by major retailers, online platforms, and service providers making it practical and useful in everyday transactions. As with any investment, it's essential to conduct thorough research, exercise caution, and only invest what you can afford to lose. With careful consideration and strategic planning, investing in crypto can be a rewarding endeavor in the long run. $BTC #besmart #HotTrands #HotTrends
Recent enthusiasm within the Bitcoin community stems from the endorsement of Bitcoin spot market exchange-traded funds (ETFs), as reported by CoinDesk. Nevertheless, Bitcoin's true potential lies in its utility as a currency rather than merely an asset held in ETFs or hardware wallets. Zac Townsend, CEO and co-founder of an insurance firm that deals in Bitcoin, envisions a future where Bitcoin facilitates robust economic activity. Bitcoin excels in storing value, settling significant transactions, and facilitating financial services. Given that at least 57 countries experienced inflation rates exceeding 10% last year, Bitcoin's day-to-day volatility in exchange rates may appear less risky compared to the fiscal and monetary mismanagement prevalent globally. However, to realize this potential future, it's imperative to establish companies and institutions within the Bitcoin economy. Meanwhile, one of the pioneering fully regulated life insurance companies operating with Bitcoin as its currency operates under a modified accounting framework, overseen by the Bermuda Monetary Authority. Adhering to the Bitcoin Standard, this company's financial statements and transactions are denominated entirely in Bitcoin, providing policyholders the option to pay premiums and receive claims in cryptocurrency. This strategy insulates the company from the impacts of exchange rate fluctuations. As more entities recognize the benefits of embracing the Bitcoin Standard, attention will shift from Bitcoin's exchange rate to its role as a store-of-value with the potential to appreciate over time. $BTC
🚨🚨$PEPE Coin Prepares for a Bullish Leap: A Cryptocurrency Rollercoaster Ahead⁉️
Get ready for some exciting developments with $PEPE ! By April 3, 2024, $PEPE is anticipated to soar to $0.000010, marking a remarkable 30.29% increase in just five days. This surge is set to make significant waves in the cryptocurrency market. Market sentiment is overwhelmingly bullish, with a Fear and Greed Index score of 79, indicating extreme greed and a strong bullish trend. However, it's crucial to remain vigilant as cryptocurrency markets can be as unpredictable as a frog in a rainstorm. This bullish prediction extends across the UK and Canada, contingent upon global market trends. Brace yourselves, crypto enthusiasts, as Pepe Coin gears up for a thrilling journey ahead!
Blockchain Platforms Tokenize Over $1 Billion in US Treasuries: BlackRock's BUIDL Leads the Charge
Blockchain platforms have tokenized over $1 billion worth of US Treasuries, with Ethereum, Polygon, Solana, and other chains leading the charge. The BlackRock USD Institutional Digital Liquidity Fund played a pivotal role, boasting a market cap of $244.8 million since its launch on March 20. This Ethereum-based product, known as BUIDL, now stands as the second-largest in the field, trailing only Franklin Templeton's Franklin OnChain US Government Money Fund (FOBXX), which holds $360.2 million in US Treasuries. Data from 21Shares' Dune Analytics dashboard indicates that a total of $1.08 billion in US Treasuries has been tokenized across 17 products. Ondo Finance recently injected $95 million into the BUIDL fund, claiming a 38% share, to streamline settlements for its US Treasury-backed token, OUSG. BUIDL maintains a stable 1:1 peg to the US dollar and distributes dividends monthly. As highlighted by 21.co's Dune dashboard, tokenized government treasuries offer appealing yields compared to stablecoins, especially amid the current high-interest rate climate. This surge in tokenization, which began with a $100 million market in early 2023, encompasses various assets beyond US Treasuries, including stocks and real estate. BlackRock's CEO, Larry Fink, views blockchain tokenization as a catalyst for enhancing capital market efficiency, with industry projections forecasting a $16 trillion market by 2030. Ethereum leads the charge in tokenizing real-world assets (RWA), accounting for $700 million of the total value tokenized on-chain, followed by Franklin Templeton's FOBXX on Stellar and Polygon, and Polygon itself. Key players such as WisdomTree and blockchain-native firms like Ondo Finance, Backed Finance, Matrixdock, Maple Finance, and Swarm are actively involved in RWA tokenization.
⚠️🚨NEWS ALERT ‼️ SOMEONE JUST BOUGHT A MASSIVE $1.1 BILLION WORTH OF #BITCOIN AT AN AVERAGE PRICE OF $70,000 PER $BTC AND TRANSACTION FEE WAS JUST $17.