🚀 Bitcoin Holds Strong at $58,950 Amid Market Fluctuations: Is Now the Time to Invest?

$BTC $ETH

Bitcoin continues to show resilience, currently trading at $58,950 with a slight increase of 0.61%** in the last 24 hours, despite a significant drop in trading volume. While the market sentiment remains mixed, with the Relative Strength Index (RSI) signaling caution and the MACD indicating bearish momentum, there are signs of a possible reversal if bulls can gain strength.

Why Consider Bitcoin Now?

- Resilient Performance:
Bitcoin’s price has remained steady, even with market fluctuations, reflecting its ability to hold strong in uncertain times.

- Market Leader:
Bitcoin continues to dominate the market with a 56.3% supremacy in sales, far ahead of other cryptocurrencies.

- Key Support Levels:
The current support level around $58,000 provides a solid base, with potential for growth if it breaks past the crucial $65,000 barrier.

💡 With Bitcoin showing signs of stability and potential for upward movement, now might be the perfect time to consider adding BTC to your portfolio. Whether you’re a seasoned investor or new to the crypto space, Bitcoin’s proven resilience makes it a strong candidate for long-term growth.

👉 Consider Investing in Bitcoin Today and position yourself for potential gains as the market dynamics evolve!

#TipsTradingFutures #CryptoExplorerFiesta #Binance #BTC #ETH

🚀 Best Crypto to Buy Now: Conflux, Ondo, Stacks – A Smart Move for August 30

As the crypto market evolves, savvy investors are always on the lookout for the next big opportunity. While Bitcoin has seen a slight decline, altcoins like Conflux ($CFX ), Ondo (ONDO), and Stacks ($STX ) are showing strong potential, making them some of the best cryptos to consider buying right now.

Why These Altcoins?

1. Conflux (CFX)
- Momentum & Partnerships:
Conflux is gaining traction, especially with its recent partnership with China Mobile, the largest telecom provider in China. This collaboration could revolutionize digital content in China, driving further adoption and growth.
- Perpetual Futures:
Coinbase’s introduction of perpetual futures for Conflux offers traders an exciting opportunity to leverage their positions, boosting market activity.

2. Ondo (ONDO)
- DeFi Innovation:
Ondo’s launch of the tokenized note USDY on the Arbitrum Network is a game-changer for DeFi users. Offering an attractive annual return of up to 5.35% on stablecoins, Ondo is positioning itself as a leader in decentralized finance.
- Strong Growth:
With a year-to-date increase of 306% and predictions of further price growth, ONDO is a solid long-term investment.

3. Stacks (STX)
- Nakamoto Upgrade:
Stacks’ recent Nakamoto upgrade is set to significantly enhance transaction speeds and improve its integration with Bitcoin, making it a leading layer-2 solution. This upgrade reinforces Stacks' potential to support more advanced smart contracts and decentralized apps.

💡 Investing in these altcoins now could be a strategic move to capitalize on their unique market positions and upcoming innovations. With strong partnerships, technological upgrades, and promising market dynamics, Conflux, Ondo, and Stacks are not just surviving the current market but are poised to thrive.

👉 Consider Adding $CFX , ONDO, and STX to Your Portfolio Today and be part of the next wave of crypto success!

#TipsTradingFutures

🚀 Five Crypto Predictions That Haven't Hit—Yet! Is Now the Time to Invest?

$BTC $ETH

Success in crypto isn’t just about technical analysis or fundamentals—it’s about understanding the narratives that drive the market. In 2024, we’ve seen some big stories that could shape the future, but many haven’t materialized just yet. Whether it’s the rise of meme coins, the potential of real-world asset tokenization, or the promise of privacy coins, these trends offer huge opportunities for those who get in early.

But here’s the catch: These narratives could fade as quickly as they emerged. The question is,

are you ready to take a chance on what could be the next big crypto success?

💡 Why Consider Investing Now?

- Meme coins like DOGE($DOGE ) and PEPE might seem like all hype, but they’ve made millionaires out of early investors.

- Real-world asset (RWA) tokenization is poised to unlock a $30 trillion market—an opportunity too big to ignore.

- Privacy coins are under regulatory pressure, but they still offer a unique niche for those valuing anonymity.

As these predictions continue to evolve, now could be the perfect time to position yourself ahead of the curve. Will these narratives deliver? Only time will tell, but the potential upside is enormous.

👉 Consider Your Next Move in Crypto and explore these trends before they fully take off!

#TipsTradingFutures #CryptoExplorerFiesta #InvestingOpportunity #RWATokens

🚀 Bitcoin's $60K Battle: Is Now the Perfect Time to Buy?

$BTC

Bitcoin is currently grappling with the $60,000 mark, showing a 10% dip this week. While this might seem concerning, there’s a silver lining that savvy investors should consider:

Bitcoin’s exchange reserves are hitting new lows for the year.

🔒 Why This Matters:

- Dwindling Exchange Reserves:
Fewer bitcoins on exchanges mean reduced selling pressure. More investors are choosing self-custody, moving their BTC to cold wallets, signaling strong long-term confidence.

- Long-Term Holders on the Rise:
In the past 30 days, long-term holders have added 262,000 BTC to their supply, now controlling a massive 75% of the total Bitcoin supply. This shows a market increasingly dominated by those waiting for future price surges.

- Potential Market Rebound:
The current low hash price, a key indicator of miner profitability, suggests that Bitcoin may be near its price bottom, historically marking a strategic buying opportunity.

💡 With reduced liquidity and strong conviction among holders, the market could be primed for a bullish turnaround. If you're considering entering the Bitcoin market, this could be your chance to invest before the next surge.

👉 Consider Buying Bitcoin Now and position yourself for potential gains as the market stabilizes and climbs.

#TipsTradingFutures #CryptoExplorerFiesta #BTC #Binance

🚀 Ethereum on the Rise: Time to Get In!

💥 Spot Ethereum ETFs just broke their nine-day outflow streak with a solid $5.8 million in net inflows, showing renewed investor confidence in ETH. With major players like BlackRock and Fidelity leading the charge, now could be the perfect time to consider Ethereum for your portfolio.

📈 Why Buy Ethereum Now?

- Strong Recovery:
ETH is gaining momentum, with prices up 2.25% to $2,537.

- Institutional Support:
Leading funds are pouring millions into ETH, signaling bullish sentiment.

- Market Resilience:
While Bitcoin ETFs are struggling, Ethereum is showing strength and potential for growth.

💡 Don’t miss out on this opportunity to ride the wave as Ethereum gains traction. Buy ETH now and position yourself for potential gains as the market heats up!

👉 Invest in Ethereum Today $BTC $ETH and be part of the crypto future!

#EthereumSignal #ETH/USDT #TipsTradingFutures #CryptoExplorerFiesta

🚀 Bitcoin to Hit $150K in "Batshit Season"? 🤔

$BTC $ETH

Real Vision's Jamie Coutts believes Bitcoin is set to enter “batshit season,” potentially skyrocketing to $150,000 by the end of 2024!

🚀 His analysis shows BTC could follow previous bull cycles, doubling from around $64,000 to this ambitious target. 📈

BUT, not everyone is convinced. 😬 Analysts like "XBTManager" warn of short-term selling pressure that could dent this rally. 🛑 He points out that large Bitcoin holders have become active, with over 33,000 BTC moved recently, signaling potential sell-offs. This could mean a temporary pullback for BTC.

With Bitcoin’s price steady above $63,000 but futures traders remaining cautious, the question is: Are we really heading for $150K, or is a correction on the horizon? 🤷‍♂️

What’s your take on this? Share your thoughts below! 👇

#BTC #InvestingOpportunity #newsdaily #news_update #marketupdate

🐶 The Dust Settles Over DOGS Crypto: What’s Next for the Meme Coin?

$DOGS

DOGS, the meme coin inspired by Telegram CEO Pavel Durov’s pet dog Spotty, has made a splash on CEXs, skyrocketing over 230% on its debut before cooling off. Now, all eyes are on its long-term potential. With a strong community and the hype needed to go viral, DOGS could be the next big meme coin success story.

🔎 The coin’s recent listing on major exchanges like Bitget, paired against BNB and USDT, has boosted liquidity and adoption. Despite some price corrections, the uptrend persists, and bulls are optimistic about future growth.

🌐 As the Toncoin ecosystem gains traction, thanks to the success of other meme coins like Catizen and Hamster Kombat, DOGS could see further demand. The strong community backing and increasing liquidity make DOGS a meme coin to watch.

What do you think? Is DOGS set to be the next 100X gem? Share your thoughts below!👇

#dogstothemoon #memecoin🚀🚀🚀 ##TipsTradingFutures #CryptoExplorerFiesta #Binance

🚀 Bitcoin ETF Market Update: 8-Day Winning Streak!

📈 BlackRock's iShares Bitcoin Trust
(IBIT) leads the pack with an incredible $224M net inflow on August 26, now holding over 350,000 BTC !

$BTC

✅ Positive inflows also for Franklin Templeton’s Bitcoin ETF & WisdomTree’s Bitcoin fund.

📉 On the other hand, ETFs from Fidelity, Bitwise, and VanEck saw outflows or no new investments.

🔄 US Bitcoin ETFs are stabilizing after their initial boom, while Grayscale Bitcoin Trust reports reduced redemptions, signaling growing market confidence.

💡 BlackRock’s Strategic Global Bond Fund just upped its IBIT holdings by 4,000 shares! The firm is clearly bullish on Bitcoin ETFs.

What do you think about this trend? Drop your thoughts in the comments!👇

#TipsTradingFutures #CryptoExplorerFiesta #BTC #ETFvsBTC #blackrock

🔍 U.S. Inflation Data: The Key to a Rate Cut?📉

$RSR

Next week, all eyes will be on new U.S. inflation data that could tip the scales towards a potential interest rate cut by the Federal Reserve. Economists are buzzing with speculation as the Fed's preferred inflation gauge, the personal consumption expenditures (PCE) price index (excluding food and energy), is expected to rise by just 0.2% for the second consecutive month in July.
Why does this matter? If the three-month annualized core inflation rate drops to 2.1%, the Fed might finally have the justification it needs to ease rates. While this isn't quite at the Fed’s 2% target, it’s close enough to get those rate cut bets rolling.
But that's not all. The report will also highlight consumer spending, predicted to increase by 0.5% in July, marking the strongest gain in four months. Strong consumer spending suggests the economy is still chugging along, which is crucial for the Fed as they try to manage inflation without stalling economic growth.

🏦 What’s the Fed Thinking?

Fed Chair Jerome Powell recently hinted at a possible shift in policy, gaining confidence that inflation is cooling. Now, the focus is on the labor market, as the Fed’s dual mandate includes both inflation and employment. Powell's remarks at the Jackson Hole symposium signaled that the Fed is preparing for a formal review of its approach, acknowledging the lessons learned from the pandemic.

💬 What’s your take?

Will the Fed cut rates, or is it too soon to call? How might this impact the markets?

Share your thoughts below! 👇

#Inflation #federalreserve #interestrate #economics #rsr

🔥 Russia-France Tensions Ignite Over Telegram CEO's Arrest!🚨

$TON

The arrest of Telegram CEO Pavel Durov in Paris has sparked a heated diplomatic row between Russia and France. Russian officials are furious after Durov was detained at Le Bourget airport on Saturday, according to a recent Wall Street Journal report.
The Russian Embassy in France has accused French authorities of stonewalling their efforts to access Durov and protect his rights, with their requests for clarification going unanswered.
Some Russian officials have even described the arrest as a "hostile act" against Russia, intensifying the tensions. Durov, who reportedly holds dual citizenship with either France and Russia or France and the UAE, is facing potential charges related to Telegram's operations, including allegations of money laundering and the presence of illegal content on the platform.

🚨 Telegram Responds & Crypto Community Reacts!

Telegram has defended Durov, stating that the platform complies with EU laws, including the Digital Services Act, and that Durov has nothing to hide. The arrest has drawn support from major figures in the crypto world, including Elon Musk and Ethereum co-founder Vitalik Buterin, who expressed concern over the situation.
However, the arrest has already sent ripples through the crypto market, with Toncoin's price dropping 13% since the news broke. French officials are expected to address the situation on Monday, which could further escalate or clarify the unfolding drama.

💬 What’s your take? Is this a political power play, or are there deeper issues at hand? How will this impact the future of Telegram and the broader crypto community?

Let’s discuss below! 👇

#TipsTradingFutures #telegram #TONCOIN/USDT #newsdaily

🌟 Bitcoin $BTC Cloud Surge Next Week? 🚀 Breaking Key Resistance Levels Could Ignite Major Rally!

$BTC $ADA

Bitcoin is showing signs of life after a recent dip, and if it can break through key resistance levels, we might see a significant surge next week. For the past four weeks, Bitcoin has been trading below a downward-sloping channel on its weekly chart, but it’s now making a comeback. Historically, when Bitcoin rebounds like this, it usually takes about 2 to 4 weeks to reach the top of the channel, which is around $67,000.

🔍 What’s the Key to This Potential Surge?

- Key Resistance Levels:
Bitcoin needs to close above $67,500 on the weekly chart to confirm a bullish trend. If it can push past $71,500, it could kick off a powerful new upward phase.

- Timing Matters:
Analyst Rekt Capital suggests that Bitcoin could hit $67,000 as soon as next week if the current trend continues. But, historically, breaking this level often leads to brief spikes followed by pullbacks.

- Long-Term View:
Since the last halving was about 130 days ago, Bitcoin might still be in a consolidation phase. Typically, Bitcoin consolidates for 150 to 160 days post-halving before launching into a strong uptrend.

📈 Looking Ahead:

- Support Building:
For a healthy and sustainable trend, Bitcoin should build support around $66,000, with gradual growth preferred over sudden spikes.

- What to Watch:
Weekly closes above $67,500 and $71,500 could be the signal we’ve been waiting for—a new bullish phase might just be around the corner.

💬 Are you ready for the potential Bitcoin breakout?

Do you think we’ll see a surge next week, or is another pullback on the horizon? Let’s discuss! 👇

#CryptoExplorerFiesta #TipsTradingFutures #Binance #BTC

🚀 Pepe Unchained ($PEPU) Smashes Past $9M in Presale as Meme Coin Frenzy and Layer 2 Activity Soar 🎉

$ETH $PEPE

Pepe Unchained ($PEPU) is making waves, having just crossed the $9 million mark in its presale, just days after hitting $8 million. Investors are flocking to this new Pepe token, which operates on its own Layer 2 blockchain on Ethereum, promising faster transactions and lower fees.

📈 Highlights:

- Rapid Growth:
The presale has seen explosive growth, with one whale recently investing $3.13 million into Pepe ($PEPE ).

- Layer 2 Surge:
This comes as Ethereum Layer 2 solutions are booming, with Coinbase’s Base chain hitting 3.6 million transactions in a day, and all Layer 2 protocols collectively handling 12.44 million transactions on Tuesday.

- Influencer Buzz:
Prominent Web3 influencers, like Austin Hilton, are touting $PEPU, which could propel it to $10 million as the presale anniversary approaches.

💡 Why $PEPU?

- Staking Rewards:
$PEPU offers staking rewards of over 218% APY, outpacing many other meme coins.

- Layer 2 Advantages:
It’s 100x faster and cheaper to transact with compared to ERC-20 tokens, making it a standout in the meme coin world.

- Security:
The project has been thoroughly audited by Coinsult and SolidProof, ensuring a solid foundation.

💬 What’s your take on $PEPU?

Are you ready to join the meme coin revolution, or are you holding out for more? Let’s discuss! 👇

#memecoin🚀🚀🚀 #Binance #pepecoin🐸 #Layer2 #TipsTradingFutures

💼 South Korea's National Pension Service Invests Big in MicroStrategy 🚀

$BTC

The world’s third-largest public pension fund, South Korea’s National Pension Service (NPS), has made a bold move by purchasing nearly $34 million worth of shares in MicroStrategy, a company famous for its massive Bitcoin holdings. This significant investment was revealed in an Aug. 13 filing with the U.S. Securities and Exchange Commission (SEC).

🔍 Key Points:

- Strategic Investment:
NPS, with over $777 billion in assets, bought 24,500 shares of MicroStrategy, a company that has become synonymous with Bitcoin investments.

- Diverse Portfolio:
NPS isn’t just banking on MicroStrategy. The fund also holds stakes in other major players like Coinbase ($51 million), Roblox ($31.5 million), and Jack Dorsey’s Block ($61.5 million).

- MicroStrategy’s Rise:
The company’s stock has surged by 92.5% in 2024, largely due to its ongoing Bitcoin acquisitions. MicroStrategy now holds 226,500 BTC ($BTC ), making it the largest Bitcoin-holding public company.

💬 What do you think about pension funds investing in Bitcoin-related companies?*

Is this a sign of growing institutional confidence in crypto? Share your thoughts! 👇
#BTC #Binance #BNB #TipsTradingFutures

US Spot Ethereum ETFs (exchange-traded funds) recorded $39.21 million net outflows yesterday as Nasdaq ISE, LLC files two notices to withdraw proposals to list options on both spot Bitcoin and Ethereum ETFs.

$ETH $BTC

The Grayscale Ethereum Trust (ETHE) was the only fund to register outflows on Aug. 15 after $42.52 million left the ETF, according to data from SosoValue .

Spot Ethereum ETFs Record Minimal Flows
The Grayscale Ethereum Mini Trust (ETH) recorded zero flows yesterday after achieving moderate net inflows of $2.26 million the previous day. Meanwhile, Fidelity’s FETH saw $2.54 million enter its fund. Similarly, BlackRock’s ETHA recorded $770,350 inflows on the same day. All of the remaining ETFs recorded no flows.

Yesterday’s outflows brought an end to a three-day positive streak. The total trading activity across the funds did, however, increase to $240.58 million. This uptick in activity follows the $155.91 volume recorded on Aug. 14 and the $190.76 million on Aug. 13.

Together with the minimal flows into spot Ethereum ETFs yesterday, the leading altcoin’s price barely moved in the past 24 hours. Following a minor pullback, ETH traded at $2,614.07 as of 2:40 a.m. EST. It still remains in the red by more than 2% on the weekly timeframe.

Nasdaq ISE, LLC Withdraws Spot ETH And BTC Listing Proposals

Amid the lackluster Ethereum ETF flows, exchange Nasdaq ISE, LLC filed two notices yesterday to withdraw proposals to list options for spot ETFs linked to Bitcoin and Ethereum, according to filings with the US Securities and Exchange Commission (SEC).

Other exchanges have also withdrawn proposals of a similar nature throughout the past week. MIAX, MIAX Pearl and BOX Exchange all withdrew proposals for listing and trading options on spot Bitcoin ETFs. Cboe recently withdrew its application to list options on spot BTC ETFs as well, but went on to refile it. Many believe this is indicative of the SEC potentially engaging in the process.

#TipsTradingFutures #marketdownturn #CryptoExplorerFiesta #Binance

📈 Institutional Investors Double Down on Bitcoin ETFs: What’s Driving the Trend? 💼

$BTC $ETH

In Q2, despite a 14.5% drop in Bitcoin’s value, institutional investors showed strong confidence in Bitcoin ETFs. According to Bitwise, a whopping 66% of these investors either held or increased their Bitcoin ETF positions during this period.

🔍 Key Insights:

- Growing Confidence:
44% of asset managers increased their Bitcoin ETF holdings, while 22% maintained their positions. Only a small fraction, 21%, decreased their holdings, and 13% exited altogether.

- “Diamond Hands” Approach:
Bitwise’s Matt Hougan highlighted that institutional investors aren’t quick to panic sell, unlike retail investors. They remained steady even as market volatility spiked.

- Diverse Participation:
Hedge funds like Millennium and Schonfeld are major players, but a broad range of investors, including wealth managers and pensions, are also getting involved.

💬 What do you think is driving this institutional confidence in Bitcoin ETFs?

Are we seeing the early signs of a broader adoption trend? Share your thoughts below! 👇

#TipsTradingFutures #marketdownturn #CryptoExplorerFiesta #BTC #EthereumSignal

🚨 Bitcoin $BTC Takes a Tumble: What's Behind Today's Decline? 📉

Bitcoin is having a tough day, dropping 3.20% and sliding below $60,000 after a brief recovery from the August 5th plunge. So, what’s causing this latest dip?

🔍 Here’s the Breakdown:

1. Inflation Woes:
The latest U.S. Consumer Price Index (CPI) data shows a 0.2% increase, hinting that inflation is cooling. While this could lead to a Federal Reserve rate cut in September, it’s not helping Bitcoin right now. Instead of driving prices up, it’s creating more uncertainty in the market.

2. Liquidation Domino Effect:
Over $1 billion in leveraged long positions got wiped out as Bitcoin struggled to stay above $50,000. This triggered more selling pressure, pushing prices down further.

3. Stock Market Slump:
It’s not just Bitcoin—stocks like the S&P 500 and Nasdaq are also taking hits, as fears of a recession grow following disappointing U.S. employment data.

4. Regulation Uncertainty:
Big moves like asset transfers by Jump Crypto and ongoing regulatory investigations are adding to the market's anxiety, making investors wary of taking risks.

5. On-Chain Chaos & ETF Worries:
With over $350 million in assets liquidated across DeFi protocols, and whales selling as Bitcoin nears key resistance levels, the market is on edge. Even with talk of rate cuts, investors are waiting for more clarity before jumping back in.

💬 What’s your take on today’s decline? Will Bitcoin bounce back, or are we in for more turbulence?

Share your thoughts below! 👇

#TipsTradingFutures #marketdownturn #CryptoExplorerFiesta #BTC

Bitcoin Price Must Flip $62k to Avoid Worst “death Cross” Consequences

The Bitcoin $BTC market is facing a crucial moment as it hovers around the $62,000 mark, a price level that could determine its next major move. According to popular trader Benjamin Cowen, if Bitcoin can flip $62,000 into a support level, it might avoid the worst effects of the impending "death cross." This technical event occurs when the 50-day simple moving average (SMA) crosses below the 200-day SMA, which is often seen as a bearish signal for the market.

Historical data, as Cowen notes, offers a mixed outlook. In 2023, Bitcoin rallied just after a death cross, pushing above the 50-day SMA and using it as a support to move higher. However, in other years like 2019, 2021, and 2022, the opposite occurred, with brief gains followed by significant losses. Cowen suggests that the key to Bitcoin's resilience this time around will be its ability to stay above the $62,000 threshold.

The market's current behavior adds complexity to the situation. Bitcoin $BTC recently climbed to $62,775 but then retreated slightly, reflecting cautious optimism. Despite this recovery, there's a noticeable lack of interest in the futures market, as traders remain hesitant to commit to new positions. Analysts like Julio Moreno have observed that this bounce might primarily be due to short sellers covering their positions, rather than a sign of strong buying interest.

As Bitcoin $BTC navigates this critical phase, all eyes are on whether it can sustain levels above $62,000. Failure to do so could lead to further declines, especially if broader macroeconomic conditions don't improve. Conversely, holding above this level might set the stage for a new bullish phase, similar to what happened in 2023.

#marketdownturn #CryptoExplorerFiesta #Binance #BTC

Ripple’s Victory: XRP Is NOT a Security 🚀

$BTC $NOT $XRP

After years of intense legal battles, Ripple Labs has finally secured a significant win against the SEC. The court ruled that XRP is not a security when sold to the general public, marking a major victory for the crypto industry. However, Ripple did face a $125 million penalty for selling XRP to institutional investors without registering it as a security—a fraction of the nearly $2 billion initially sought by the SEC.

💰 Ripple's Big Win :
- The court's ruling caused XRP's price to surge by 25% to $0.64, although it has since stabilized. Despite this, XRP remains one of the top cryptocurrencies by market value.

⚖️ Judge's Key Ruling :
- Judge Analisa Torres determined that XRP only qualifies as a security when sold to sophisticated institutional investors. This decision could set a precedent for how cryptocurrencies are regulated in the future.

📊 Market Reaction :
- XRP’s current price is $0.6096, just above key moving averages, signaling potential bullish momentum. The MACD indicator also shows positive divergence, suggesting that buying pressure is building up. All eyes are now on whether XRP can maintain this momentum and continue its rally.

This ruling is not just a win for Ripple but could influence the entire crypto landscape as the SEC continues its crackdown on unregistered securities in the crypto space. Will this be the beginning of a new era for cryptocurrencies? Stay tuned!

Brazil's First Solana ETF: A New Era for Crypto Investments 🇧🇷

$SOL $BTC $ETH

Big news for crypto investors in Brazil! The country's Securities and Exchange Commission (CVM) has just approved its first-ever Solana ETF, marking a significant milestone for the nation's financial markets. This ETF, which tracks the CME CF Solana Dollar Reference Rate, is still in its pre-operational phase and is awaiting the green light from Brazil's main stock exchange, B3.

💼 Key Players :
- QR Asset :
The local asset manager offering the ETF.
- Vortx :
The Brazilian fintech company managing the product.

This approval positions Brazil alongside global markets, where similar products are already available—like the Solana ETF launched by 21Shares on the SIX Swiss Exchange in 2021.

🔍 Market Reaction :
Interestingly, Solana's price showed little movement following the announcement, with a minor gain pushing it to $154.28. The US SEC still has until March 2025 to approve or deny similar Solana ETFs proposed by VanEck and 21Shares. With the SEC open to discussions on ETFs beyond Bitcoin and Ethereum, the crypto market could see more diversification in the near future.

What's Next?
All eyes are on Brazil's B3 stock exchange and the SEC's upcoming decisions. This could be the start of a broader adoption of Solana and other altcoins in traditional financial markets. Stay tuned!

#TipsTradingFutures #marketdownturn #Binance #solanainfo

Critical Dates for Bitcoin Traders: The Stakes Are High! 🚨

$BTC $ETH $BNB

The next few weeks are pivotal for Bitcoin traders. Here's why:

🔻 5-14 : As markets latch onto fleeting narratives, like the Japanese carry trade, don't be misled—keep a close eye on the underlying fundamentals.

🔻 6-14 : Major tech earnings, especially NVIDIA's on August 28, could swing the market. Weak results might pull the Nasdaq, and Bitcoin, even lower.

🔻 7-14 : Slowing US consumer credit and rising delinquencies point to a strained fiat-to-crypto onramp, meaning less liquidity in the market.

🔻 8-14 : Remember the 2020/21 bull run? The economic conditions are starkly different now, with no stimulus checks to fuel the frenzy.

🔻 9-14 : Economic uncertainty is high, with unemployment ticking up—this won't spur hiring, but rather, could exacerbate market turmoil.

🔻 10-14 : Historically, new US presidencies often coincide with recessions, which could further impact Bitcoin's trajectory.

🔻 11-14 : The Federal Reserve’s late response to economic signals has set the stage for potential recession—key ISM and labor market data in September will be crucial.

🔻 12-14 : Mark your calendar for key events like the CPI report (August 14), NVIDIA earnings (August 28), and Fed Chair Powell's speech at Jackson Hole (August 22-24). These will set the tone for Bitcoin’s next move.

🔻 13-14 : With US economic uncertainty and tech earnings unpredictability, Bitcoin might settle within a new range—$50,000 to $60,000, or even as low as $40,000.

🔻 14-14 : The outcome of these critical events will determine the new battleground range for Bitcoin. Stay vigilant, traders—these are the moments that could define your next big move!

#marketdownturn #Binance #TipsTradingFutures #BTC