How Bitcoin options could impact the market after SEC approval

U.S. investors can now access bitcoin options trading, thanks to the SEC's approval of BlackRock's platform. $BTC

XAI analysis: 👍😊))))) #technical_analysis

Price is plummeting after testing the resistance area, heading towards the support area where buy orders can be placed.

Support Area: $0.17-$0.18

Resistance Area: $0.243-$0.258

SHIB analysis: 👍😊))))))

Price is currently consolidating after a strong rally. Consider purchasing SHIB near the support level for a potential uptrend continuation after a retest.

Support Area: $0.0000157-$0.0000161

Resistance Area: $0.000020-$0.000022

ACA dropped to the local support area and bounced as expected. If you opened a long position, it's time to increase your stop loss to secure profits. We may see a move toward the resistance area of the triangle in the coming days.

Educational Post

What is Bitcoin Core?

Bitcoin Core is the leading implementation of the software enabling users to interact with the Bitcoin network. It is not owned by any single business or organization but is instead updated and reviewed by a community of worldwide developers.

The software was initially released by Satoshi Nakamoto (under the name Bitcoin), only to be later renamed to Bitcoin Core to avoid any confusion.

What does it do?

By running the Bitcoin Core code, a user effectively acts as a node on the network. They can independently verify the validity of blocks received, as well as transactions sent by other users. This keeps miners in check and means that the user needs not trust anyone (such as a wallet provider) to display the correct view of the blockchain.

Bundled into the software is a wallet. Users can use this directly from within the application, or tether external wallets to their node to validate received transactions.

Should I run Bitcoin Core?

Users that frequently transact in Bitcoin should consider running a node to enjoy the various privacy and security benefits. A typical software wallet (one that does not interface with the user’s node) queries third-party servers for the user’s balance.

This practice can be of some concern, as it allows the server to tie the user’s balance to their IP address. The third party can reasonably infer that the user owns the public addresses they ask about.

In a similar vein, total reliance on a block explorer is dangerous from a transparency standpoint. As users have only a single point of reference for their balances, it is easy for the server to transmit false information to them.👍😊)))))

Historically, September has been a rough month for Bitcoin.

BUT… when September is bullish, October is even more explosive! 🚀

- CZ is free
- Rate cuts are coming
- FTX repayments are in motion
- It's an election year

The stars are aligning for a massive Q4 rally!

AXL analysis: $AXL /TetherUS

Price is currently trading within a range bounded by a support and resistance area. It is advisable to refrain from trading in this zone and wait for a more favorable setup.

Support Area: $0.456-$0.482

Resistance Area: $0.77-$0.805

Learning Time:

#Fundamental Analysis for Beginners
1 Evaluate the Whitepaper. The foundation of any crypto project is its whitepaper. ...
2 Analyze Utility and Use Cases. Consider the real-world use cases of cryptos when evaluating them. ...
3 Investigate Market Trends. ...
4 Analyze News, Social Sentiment, and Social Media Following & Engagement.👍😊)))))

Learning Time

One Secret:

The simpler the trading setup, the better the results. #technical_analysis

Learn Crypto Skill Earn Crypto Money:
#technical_analysis

Dogecoin Whales Stack Up 1.4 Billion Coins As Veteran Trader Eyes Blistering DOGE Rally#doge⚡

Money Money Money
Only One Secret:=====

Learn Skill Earn Money at/-, Trading Industry
#technical_analysis 👍😊)))))

Learning Time for Good Earning...$BTC

Very Good Opportunity SHIBHA INU 1W for LONG Call🟢🟢🟢

Moo Deng Price Nearly Doubles in a Day as Meme Coins Outpace Bitcoin Gains👍😊)))))

Bitcoin surged to $66k today, setting a fresh two-month high and marking its best performance ever in September. This rally comes as global economic factors and institutional demand combine to drive the token price upward.

Bitcoin’s price increase mirrors the sharp rise in Chinese stocks, fueled by China’s recent economic stimulus measures. The Shanghai Composite Index recorded its best week since 2008, thanks to the stimulus, which also boosted BTC by 3% week-to-date.

“This feels frighteningly familiar,” commented trading resource The Kobeissi Letter on the sudden market rise.

In the US, the FED’s recent 50-basis-point rate cut, announced on September 18, provided further momentum. The S&P 500 has set repeated all-time highs following the announcement, while the Personal Consumption Expenditures (PCE) Index print for August met market expectations.

The next Fed meeting in November could see another rate cut, with the odds of a 50-basis-point cut standing at 52% according to the CME Group’s FedWatch Tool, further fueling market optimism.

Institutional demand remains strong, with BlackRock, continuing to buy Bitcoin. BlackRock has purchased more Bitcoin this week than any exchange-traded fund (ETF) has sold in the past three weeks. Positive inflows continue across other institutions offering Bitcoin ETFs, with yesterday’s ETF inflows reaching $365 million—the highest in over two months.

Adding to the bullish sentiment, Binance founder Changpeng Zhao (CZ) will be released from jail today. With China printing money, the Federal Reserve cutting rates, and institutional interest at an all-time high, Bitcoin’s strong September could pave the way for continued bullish action in October, which has historically been the best month for Bitcoin. 👍😊)))))

Binance founder CZ could get out of prison today, BOP guidelines suggest

Zhao might get out two days earlier than his scheduled release date due to federal prison guidelines for weekend releases.

Crypto investor turns $1,300 into $3.4M in 15 days
A crypto trader turned $1,331 into $3.4 million by investing in Moo Deng, but liquidity concerns and insider suspicions arose.
A cryptocurrency investor achieved a remarkable 2,554-fold return on a well-timed $1,300 investment in the hippo-themed Moo Deng (MOODENG) token.

However, this gain has raised suspicions among some community members who speculate that an insider or developer may have been involved.

On Sept. 25, onchain analytics firm Lookonchain identified a crypto trader on the Solana blockchain who traded their way into becoming a millionaire in two weeks.

Data from Solana Blockchain explorer Solscan shows that on Sept. 10, the crypto investor sold 9.8 Solana
SOL

tickers down
$155.05

worth $1,331 to purchase 38.7 million MOODENG tokens.👍😊)))))

PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto
The service won't be available to New York state businesses in the beginning.👍😊)))))

Cryptocurrency News Today: Shiba Inu (SHIB) vs. GoodEgg (GEGG), Traders Gear Up for Key Price Predictions on September 28👍😊)))))