LIVEColby Melbye KbYB
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I think it might be time to think project wise. Invest in what you believe Will translate in something useful to the world and Not in what you believe Will make you rich. Real Projects prevail when the market crashes, thereās a need for them.
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Binance News
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Bitcoin Market Shows Signs of Nervousness Ahead of Code Adjustment
According to Bloomberg, speculators are showing signs of nervousness ahead of a once-every-four-years Bitcoin code adjustment, which has historically been bullish for the cryptocurrency. The implied volatility for Bitcoin options saw a significant increase last weekend, reversing a downward trend observed in the previous week. Bitcoin's price experienced a more than 8% range swing on Friday, causing a stir among investors.
Implied volatility on contracts set to expire in the next two weeks has seen the most significant increase, jumping from 59% to 71% in just two days. This suggests that expectations for near-term volatility are on the rise. Traders, uncertain but willing to pay more for options, are likely seeking protection against price swings. This has led to potentially high premiums for downward protection.
Since the approval of US exchange-traded funds to hold Bitcoin in January, the cryptocurrency's price has mostly surged. However, in the past month, the price has fluctuated within a range. Traders are now focusing on the upcoming 'halving' event, scheduled for around April 20. This event will see the rewards that miners receive for verifying transactions on the blockchain cut in half, effectively reducing the supply of additional tokens.
Bartosz Lipinski, founder and CEO of Cube Exchange, believes the spike in Bitcoin expiries is related to people betting on the demand for Bitcoin on the day of the halving. He suggests that the reduced supply will make Bitcoin more expensive. This event is unique in Bitcoin's history as it creates pressure on an already inelastic price.
Previous halvings have shown mixed short-term impacts, while the long-term effects have been bullish. However, Kaiko, a data analytics firm, cautions that a sample size of three is not necessarily large enough to draw definitive conclusions. They also note that other bullish events in the industry have contributed to the gains.
Implied volatility on contracts set to expire in the next two weeks has seen the most significant increase, jumping from 59% to 71% in just two days. This suggests that expectations for near-term volatility are on the rise. Traders, uncertain but willing to pay more for options, are likely seeking protection against price swings. This has led to potentially high premiums for downward protection.
Since the approval of US exchange-traded funds to hold Bitcoin in January, the cryptocurrency's price has mostly surged. However, in the past month, the price has fluctuated within a range. Traders are now focusing on the upcoming 'halving' event, scheduled for around April 20. This event will see the rewards that miners receive for verifying transactions on the blockchain cut in half, effectively reducing the supply of additional tokens.
Bartosz Lipinski, founder and CEO of Cube Exchange, believes the spike in Bitcoin expiries is related to people betting on the demand for Bitcoin on the day of the halving. He suggests that the reduced supply will make Bitcoin more expensive. This event is unique in Bitcoin's history as it creates pressure on an already inelastic price.
Previous halvings have shown mixed short-term impacts, while the long-term effects have been bullish. However, Kaiko, a data analytics firm, cautions that a sample size of three is not necessarily large enough to draw definitive conclusions. They also note that other bullish events in the industry have contributed to the gains.
š What's the path for Ripple's XRP to hit $9? summarizing the convo that Anthropic's AI, Claude, gave:
1-Adoption in Banking: XRP needs to be embraced by major banks for cross-border payments, boosting demand.
2-Regulatory Clarity: Resolution of the SEC lawsuit could remove uncertainty and bolster XRP's value.
3-Historical Context: Reaching $9 means a 135% surge from its 2018 peak, but with current volatility, it's a challenging yet feasible goal.
4-Current Status: XRP at $0.57, needing a 1,478% increase. Institutional interest could play a significant role if regulatory hurdles are cleared.
In a nutshell, while the road ahead may be bumpy, a combination of regulatory wins and increased institutional investment could propel XRP to new heights. š #XRP #Crypto #FutureFinance
watch out for these hints..
1-Adoption in Banking: XRP needs to be embraced by major banks for cross-border payments, boosting demand.
2-Regulatory Clarity: Resolution of the SEC lawsuit could remove uncertainty and bolster XRP's value.
3-Historical Context: Reaching $9 means a 135% surge from its 2018 peak, but with current volatility, it's a challenging yet feasible goal.
4-Current Status: XRP at $0.57, needing a 1,478% increase. Institutional interest could play a significant role if regulatory hurdles are cleared.
In a nutshell, while the road ahead may be bumpy, a combination of regulatory wins and increased institutional investment could propel XRP to new heights. š #XRP #Crypto #FutureFinance
watch out for these hints..
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ZyCrypto
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AI Predicts When Rippleās XRP Will Hit $9 Price and What Will Drive It
The future price of Rippleās XRP has stirred considerable debate and varying opinions among analysts and enthusiasts alike. We contacted one of the most advanced AI models on the market to predict when XRP would reach $9 and what factors would contribute to it.
While the responses were somewhat mechanical, avoiding pinpointing an exact date, Anthropicās AI chatbot, Claude AI, envisioned a highly plausible scenario for XRP hitting the $9 mark.
What Needs to Happen for XRP to Reach $9?
Claude explained that XRP could achieve this milestone by establishing itself as a major cross-border payment method among huge banks. If this widespread adoption materializes, the demand for the coin will surge, driving its value upwards. However, this scenario still seems distant as XRPās penetration into the banking sector has been slower than anticipated.
Moreover, Claude highlighted the lack of clarity surrounding XRP. The prolonged legal dispute with the U.S. SEC, accusing Ripple of selling an unregistered security, casts doubts on XRPās status. This regulatory uncertainty has been the major drag on its price for years, preventing XRP from capitalizing on the bullish rally that Bitcoin has experienced in recent months.
Therefore, according to Claude, one of the factors that could accelerate XRPās increase would be the resolution of the legal battle against the SEC, which began in 2020. This could happen this year, following a first victory against the regulators in July last year, when Judge Analista Torres of the Southern District of New York ruled for the first time that XRP is not a security.
Ripple Would Need to Surge 135% from its 2018 All-Time High
Regarding specific forecasts, Claude AI indicated that reaching the $9 mark per coin would imply an increase of over 135% from the all-time high of $3.84 recorded in 2018. Looking at it this way, we could say itās a significant challenge, though not impossible.
āAt its all-time high, XRPās price was around $3.84 in January 2018 during the 2017 crypto bull run. For it to reach $9, it would need to increase by approximately 135% from that record high,ā Claude AI quoted.
At the time of writing, XRP is trading at $0.57 after a slight 2.8% retracement over the last 24 hours. Therefore, XRP would need to increase by roughly 1,478% from its current price of $0.57 to reach $9.
Considering the marketās volatility and institutional investorsā interest in coins and projects that have held steady for years, tens of billions of smart money may flow into Ripple, driving XRPās price to $9, especially if the company emerges fully victorious against the SEC.
While the responses were somewhat mechanical, avoiding pinpointing an exact date, Anthropicās AI chatbot, Claude AI, envisioned a highly plausible scenario for XRP hitting the $9 mark.
What Needs to Happen for XRP to Reach $9?
Claude explained that XRP could achieve this milestone by establishing itself as a major cross-border payment method among huge banks. If this widespread adoption materializes, the demand for the coin will surge, driving its value upwards. However, this scenario still seems distant as XRPās penetration into the banking sector has been slower than anticipated.
Moreover, Claude highlighted the lack of clarity surrounding XRP. The prolonged legal dispute with the U.S. SEC, accusing Ripple of selling an unregistered security, casts doubts on XRPās status. This regulatory uncertainty has been the major drag on its price for years, preventing XRP from capitalizing on the bullish rally that Bitcoin has experienced in recent months.
Therefore, according to Claude, one of the factors that could accelerate XRPās increase would be the resolution of the legal battle against the SEC, which began in 2020. This could happen this year, following a first victory against the regulators in July last year, when Judge Analista Torres of the Southern District of New York ruled for the first time that XRP is not a security.
Ripple Would Need to Surge 135% from its 2018 All-Time High
Regarding specific forecasts, Claude AI indicated that reaching the $9 mark per coin would imply an increase of over 135% from the all-time high of $3.84 recorded in 2018. Looking at it this way, we could say itās a significant challenge, though not impossible.
āAt its all-time high, XRPās price was around $3.84 in January 2018 during the 2017 crypto bull run. For it to reach $9, it would need to increase by approximately 135% from that record high,ā Claude AI quoted.
At the time of writing, XRP is trading at $0.57 after a slight 2.8% retracement over the last 24 hours. Therefore, XRP would need to increase by roughly 1,478% from its current price of $0.57 to reach $9.
Considering the marketās volatility and institutional investorsā interest in coins and projects that have held steady for years, tens of billions of smart money may flow into Ripple, driving XRPās price to $9, especially if the company emerges fully victorious against the SEC.
Binance will reward the creators of red package you can open mine in this link to get free USDT.
Link to claim free USDT
Code to claim it on Binance pay without clicking the link: BP8N0CUO88
If enough people claim their free USDT Binance will give the creator of the package a bigger reward.
Once you claim your USDT it will go directly to your funding wallet
Link to claim free USDT
Code to claim it on Binance pay without clicking the link: BP8N0CUO88
If enough people claim their free USDT Binance will give the creator of the package a bigger reward.
Once you claim your USDT it will go directly to your funding wallet
Watch live stream AMA WITH BABY ELON (AIRDROP 100$) on binance live
https://www.binance.com/en/live/video?roomId=2173205&utm_campaign=binance_liveLink to live
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What are support and resistance in trading analysis?
Support means a level where the price finds a āfloor.ā In other words, a support level is an area of significant demand, where buyers step in and push the price up.
Resistance means a level where the price finds a āceiling.ā A resistance level is an area of significant supply, where sellers step in and push the price down.
Support means a level where the price finds a āfloor.ā In other words, a support level is an area of significant demand, where buyers step in and push the price up.
Resistance means a level where the price finds a āceiling.ā A resistance level is an area of significant supply, where sellers step in and push the price down.
Itās very important to know what you are supporting when you trade crypto. To find out about the project behind each token. Do you read the whitepaper? Do you make a search to find out what your token is about?
Read whitepaper, not real proj
0%
just research the real project
0%
Canāt understand whitepaper
0%
I trade based on marketpricing
100%
1 votes ā¢ Voting closed
IMPORTANT!!! TOMORROW!!
Binance will list XAI at 2024-01-09 10:00 (UTC), and open trading with the XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD and XAI/TRY trading pairs. The Seed Tag will be applied to XAI.
Binance will list XAI at 2024-01-09 10:00 (UTC), and open trading with the XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD and XAI/TRY trading pairs. The Seed Tag will be applied to XAI.
Hold on to your AI, there will be a rise coming.
Quedense con sus AI, van a subir.
Quedense con sus AI, van a subir.
LIVEBinance News
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Sleepless AI will Invest $2.5 Million to Ensure The Long-Term Price Performance of The Token
Following the successful launch of Sleepless AI ($AI) on the Binance exchange, the company announced the $AI Together Plan, committing all revenue from their NFT auction, amounting to an estimated $2.5 million.
Amidst a mix of congratulations and skepticism, the company assured stakeholders that they truly believe $AI is currently undervalued and is positioned to deliver significant long-term value. The $AI Together Plan aims to guarantee the long-term price performance of the $AI token.
Amidst a mix of congratulations and skepticism, the company assured stakeholders that they truly believe $AI is currently undervalued and is positioned to deliver significant long-term value. The $AI Together Plan aims to guarantee the long-term price performance of the $AI token.
Where can we check this is a Token associated with Elon Musk?
Quoted content has been removed
AI has started on an initial 2.58 USDT and leveled on 1.15 up until now. If it follows the same BLUR behavior it might reach a peak of 2 USDT today at 17:45. This is by no means financial advise and I'm just guessing based on a very irrational comparison. $BTC
Do you think (in the next day) BLUR will
crash
64%
break it's ceiling
36%
28 votes ā¢ Voting closed
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