When the US election results were out, markets followed the trend with increased inflows in Bitcoin (BTC) and Tether (USDT) as investors returned. A remarkable growth of volumes and funds on crypto exchanges has followed. Specifically, data from CryptoQuant showed that the total exchange inflows in USDT increased sharply on November 5, up to $ 7.7 billion on election day.
Binance Dominates USDT and BTC Inflows Binance is the most prominent example of platforms increasing inflows of USDT after t
Investors Are Buying the Dip in These 4 AltcoinsâŚ..!!!
The recent downturn in the cryptocurrency world has caused notable declines in digital asset prices. Amid this market turbulence, savvy investors are spotting potential in the chaos. There are four lesser-known coins that are attracting attention for their promising prospects. Which altcoins are these, and why are they standing out during this slump?
BLASTUP Poised to Lead the Altcoin Season as the Fastest-Growing Launchpad on Blast The BLASTUP token, the native token of the BlastUP launchpad,
Animal meme coins have dominated the cryptocurrency space for a long time. With popular dog coins like DOGEand SHIB taking center stage, 2024 seems to be the year of the cat, as Popcat (POPCAT) has taken the crypto meme coin space by stormâŚ.!!!
Launched in January 2024, Popcat has rocketed to 45000% and is trading at its all-time high of $1.5271, at the time of writing In this article, weâll discuss the Popcat price prediction by giving you its short and price forecasts, and explore whether thi
Is Trumpâs Potential Victory Boosting Bitcoin Past $70k? $80k Could Follow Soon
Today, Bitcoin is experiencing a significant rally, approaching itâs all-time highs. Looking beyond the election, the future of the entire crypto ecosystem is in question. Many are speculating about Bitcoin reaching $80,000, $90,000, or even $1 million in the next few years. The crypto industry has raised substantial funds, aiming to support candidates who can help pass crucial legislation.
Spot Bitcoin ETFs have attracted an impressive $3.1 billion in inflows in the last two weeks alone, boost
JASMY at a Crossroads: Bounce to $0.23 or Breakout Dump?
JASMY is at a pivotal point, presenting a significant opportunity for investors. With price hovering near key support, should we expect a rebound to $0.23? Could a Head & Shoulders pattern lead to a breakout dump? As market dynamics shift and trading volumes fluctuate, traders should prepare for any outcome.
nalyzing JasmyCoinâs Recent Performance JasmyCoin, often compared to Japanâs Bitcoin, has struggled since August. Right now, JASMY trades around $0.020, just above the September low of $0.0
MicroStrategy (MSTR) Stock Prices See Significant Rise on Companyâs Bitcoin Strategy!
MicroStrategy (MSTR) is enjoying a remarkable rally, with its stock price doubling to $236 in the past five weeks and up over 240% year-to-date. MicroStrategy Reaches New Highs as Transaction Volumes Soar Against Nvidia The recent surge reflects growing investor enthusiasm for the companyâs Bitcoin (BTC) strategy, as trading volumes reach new highs compared to tech giant Nvidia (NVDA). Volume Surge Relative to Nvidia Data from TradingView shows that MSTR shares have reached their highest price s
Celestiaâs $1B Token Unlock: Will It Trigger a TIA Sell-Off?
TOKEN2024TOKENBILLTIA Celestia will release 176.2 million TIA tokens on October 30th. These tokens are valued at $1.07 billion, representing 80% of the current circulating supply. This event may impact TIAâs market by introducing a large number of tokens. Here's a breakdown by allocation: ⢠Private Investors (Seed + Series A & B): 117.38M $TIA ($712.5M) ⢠Founders & Team (Initial Core Contributors): 58.21M $TIA ($353.35M) This release offers a major insights into internal team token distributio
POPCAT Flips BONK on Solana: Whereâs the Memecoin Price Headed?
The Solana memecoin landscape has seen POPCAT surpass BONK to claim the second position by market capitalization. Crypto analyst CryptoCurb shared on X that POPCAT now trails only behind WIF in the Solana memecoin rankings. The tokenâs price surge comes amid bullish technical analysis from trader Bluntz, who points to potential parabolic moves ahead. POPCATâs ascent in the Solana ecosystem marks a shift in the memecoin hierarchy.Â
The token has had substantial gains over the last day and week.
Raydium (RAY) and PYTH Approaching Key Levels: Is a Breakout on the Horizon?
BULLISHRAYBOMEREADPYTH As the prices of the Raydium (RAY) and PYTH tokens get closer to important benchmarks, they both exhibit encouraging indications of increasing momentum. Moreover, PYTHâs price is up by 9.10%, while RAYâs price has seen a 6.79% pump over the past day. Analysts are offering their opinions on whether the bullish trends will persist or encounter resistance as these cryptocurrencies approach possible breakout zones. Raydium (RAY) Shows Bullish Momentum Post-Breakout Raydiumâs
Memecoin Mania: BONK, POPCAT, MOG, & MEW to Lead the Altcoin Season?
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Amid rising price volatility in the crypto market, the Bitcoin (BTC) price has held its value above the $69,000 mark. Following this, the memecoin category has regained momentum and has displayed a massive uptrend over the past weekend. In this article, we have covered the top 4 memecoins that have the potential to record massive uptrends in their respective portfolios during the upcoming time. Bonk (BONK) The Bonk price has jumped 3.87% in the past day with a trading vo
In a significant move, Binance has announced a new risk warning protocol designed to increase transparency surrounding altcoin trading. This initiative comes in response to substantial fluctuations within the coin/token market over the past 18 months. Starting October 1, 2024, users will need to acknowledge specific warnings before engaging in trades involving select altcoins. Which Altcoins Are Affected? The altcoins initially included in this risk warning system have shown marked changes in th
Binance Issues Risk Warnings For Tokens That Have Undergone Tokenomics Changes
Binance Issues Risk Warnings
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Binance in an official statement has announced Introducing Risk Warnings for Tokens with Significant Tokenomics Changes. âWe have heard your concerns and are taking action to increase transparency regarding tokens that have undergone significant changes to their tokenomics and supply. From 2024-10-01, Binance will be introducing a risk warning banner along with a pop-up notification for these tokens on our platform,â it noted. To gain trading acc
"Traders Are About to Get Liquidated! Are You Ready for Bitcoinâs Next Move?"
Date: 21-10-2024
Technical Analysis:
Read charts like never before with Flow Chart Diagram .Stay tuned and watch the levels closely for any signs of a breakout or breakdown!
This liquidation heatmap from Coinglass reveals critical market behaviour on Binanceâs BTC/USDT market, where high-leverage trades face liquidations. Understanding these patterns can give you a massive trading edgeâespecially as volatility increases. This isnât just noiseâit's an insight into market psychology, liquidity zones, and bull/bear traps. The Ultimate Breakdown & How to Trade This Heatmap đ 1ď¸âŁ What Is a Liquidation Heatmap? A heatmap visualizes liquidationsâwhere traders are forced to sell or buy when their positions hit liquidation prices (because they use leverage).In high-leverage environments, a sudden price move triggers liquidations, causing prices to spike or dip even more violently.Key takeaway: Knowing where most liquidations occur lets you spot liquidity pools, predict where price will reverse, or ride bull/bear traps. How to Read This Binance Heatmap Like a Pro đ Purple Zones: Low liquidation activity, meaning the market is calm or consolidating.Light Green/Yellow Zones: These indicate increasing liquidation pressureâeither long or short positions are about to get squeezed!Bright Yellow Bands: Warning sign â ď¸! These bands represent zones of heavy liquidations, often marking price exhaustion points. When many traders get wiped out here, expect a reversal or correction soon after. Key Market Observations from the Chart (Oct 14-21, 2024): The Build-Up Before a Breakout đ˘From Oct 14 to Oct 16, liquidation activity was light (dominantly purple). This signals accumulation and low volatility, meaning whales were likely building positions in anticipation of a move.A Short Squeeze in Action đAround Oct 17, heavy yellow zones appeared, indicating short liquidation as price moved higher toward $70,000. Traders betting on BTCâs decline were forced to cover positions, driving the market higher.Resistance at $70,000 Zone (Oct 19-21) âď¸Notice the cluster of yellow and light-green lines near $70,000. This shows many traders took new positions at this level, expecting a breakout or rejection. Liquidation traps in this zone mean whales may flush out both longs and shorts to trigger volatile movements soon.Where Are We Heading Next? đ or đIf BTC sustains above $68,000, the next likely target is above $72,000, fueled by bullish liquidations.However, a sudden dip below $68,000 could cascade into a long liquidation event, pulling BTC down to $64,000 or lower as stop losses and liquidations pile up. Keep an eye on these liquidation clustersâthey give clues to the next big move! Premium Insights: How to Trade Liquidation Heatmaps Profitably đĄ Trade Against the Crowd đWhen you see heavy liquidation zones, whales often move prices into these traps to trigger liquidations and fill their own orders. Use these zones as reversal pointsâshort where everyone is long, and vice versa.Leverage Squeeze Strategy đŻIdentify points with concentrated yellow zonesâthese are ripe for short squeezes or long squeezes. Enter with small leverage to ride the wave but exit before liquidation cascades.Whale Movement Detection đłIf liquidation clusters build but price doesnât move significantly, whales may be accumulating. Wait for the breakout, and join the move when key levels break, such as the $70,000 threshold in this heatmap. Predictions Based on the Heatmap đŽ Bullish Case:If BTC clears $70,000 soon, expect liquidation pressure to intensify, driving prices toward $72,500 and beyond. Bulls will trigger shorts, causing a short squeeze rally đ.Bearish Trap Warning:Be cautious if BTC fails to hold above $68,000. The yellow zones suggest significant leverage, meaning a dip could trigger mass long liquidations and drag the market down to $64,000 or lower.
Disclaimer: The content of this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and may lead to substantial financial loss. Always perform your own research and consult a qualified financial advisor before making any investment decisions. The opinions expressed are solely those of the author and do not represent the views of the publisher or its affiliates. Investing in cryptocurrencies involves inherent risks, and past performance is not a reliable indicator of future results. Please exercise caution.
⢠Market maturity indicator: Bitcoin was the first cryptocurrency and for a long time, it completely dominated the market. However, as the cryptocurrency market matures, many other crypto assets have been developed with unique features and use cases. Therefore, a decline in Bitcoin dominance over time is seen by some as a sign of the cryptocurrency market becoming more mature and diverse.
⢠Trading strategy: Traders often look at Bitcoin dominance to decide whether to invest in Bitcoin or altcoins (all other cryptocurrencies). When Bitcoin dominance is increasing, traders might move their assets into Bitcoin expecting it to outperform altcoins. Conversely, if Bitcoin dominance is decreasing, traders might move their assets into altcoins expecting them to provide higher returns.
It's worth noting, however, that while Bitcoin dominance can provide some insights, it's not a definitive guide to investment strategy or market health. The cryptocurrency market is influenced by many complex factors, and Bitcoin dominance is just one part of the picture.
Bitcoin (BTC) dominance is a metric used to measure the relative market share or dominance of Bitcoin in the overall cryptocurrency market. It represents the percentage of Bitcoin's total market capitalization compared to the total market capitalization of all cryptocurrencies combined. Since Bitcoin was the first asset, it has remained the largest by market cap, which is why its dominance in the market is a number that many people follow. We describe the assets tracked in this chart as cryptoassets because it includes tokens and stablecoins, not just cryptocurrencies.
Why does the Bitcoin (BTC) dominance matter?
The Bitcoin (BTC) dominance metric is considered important for several reasons:
Market direction indicator: Bitcoin dominance can be used to understand market sentiment. When BTC dominance is high, it generally implies that investors are more confident in Bitcoin relative to other cryptocurrencies. This can be during times of market uncertainty or volatility, when investors may see Bitcoin as a 'safer' bet because of its larger size and more established reputation. Conversely, when BTC dominance is low, it could mean that investors are more willing to take risks on other, potentially higher-reward cryptocurrencies.
⢠Asset diversification: For investors, unde standing Bitcoin dominance can help guide decisions about diversifying their portfolio. If Bitcoin dominance is high, they might consider diversifying into other cryptocurrencies to reduce risk. If Bitcoin dominance is low, they might see this as an opportunity to invest in Bitcoin.
TURBO Soars 116%, but Smart Investors Turn to CybroâŚ.
AI-Driven Crypto Offers a More Secure Path to 1000x Growth
AITURBOTOKENSCRCYBRO As TURBOâs price skyrockets, more than doubling and capturing market attention, a new contender is drawing interest. Savvy investors are turning to Cybor, an AI-powered cryptocurrency promising a more secure path to extraordinary growth. This article examines why Cybor might be the smarter choice for those seeking significant returns, potentially offering a safer route to exponential gains in the crypto realm. CYBRO
Meme Coin Staking Platform All-Stars Surges Past $1.6M in Presale
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Crypto All-Stars ($STARS) has now raised $1.6 million in funding amid a heating-up meme coin sector. On Friday, meme coins reached a total collective value of $57 billion, as the sector and the broader market aim to close out September â typically the most challenging month for crypto â on a positive note as the market looks ahead to the more favorable months in October and November. The industryâs first meme