◾Binance conducted a global survey involving over 27,000 users about their views on the crypto market and expectations for 2025.
◾Expectations for 2025:
◾19.39% expect increased regulation of cryptocurrencies. ◾23.89% believe that AI-related tokens will lead the market. ◾16.1% predict a rise in the participation of traditional financial institutions. ◾45% of respondents entered crypto only in 2024. ◾Memecoins (16.1%), Bitcoin (14.44%), and BNB (14.23%) are the most popular assets among holders.
◾Motivation for entering crypto: - 22.4% are attracted by the potential for rapid growth. - 18.78% are interested in decentralization and financial independence. - 17.16% value the speed and simplicity of transactions.
◾ US GDP Q3 (q/q): 3.1%, forecast 2.8%, prev. 3.0%.
◾The US economy expanded by 3.1% year-on-year, exceeding the previous estimate of 2.8% and the second quarter result of 3%. This is the fastest growth rate this year, which is due to an upward revision of exports and consumer spending indicators, despite a partial reduction in the forecast for private investment in inventories.
Learn from mistakes in trading: how to draw lessons and improve your results Trading is not just about working with charts and numbers, but also a complex psychological challenge. In this process, mistakes are an integral part of every trader's journey. However, it is important not to fear them, but to learn from them. It is through mistakes that we can improve our skills and become more successful.
20% per month!!! Veles Trading Bot The Veles trading bot is a cloud platform designed for automating cryptocurrency trading, integrated with Binance and is an official partner. It allows traders to create their own bots by configuring entry and exit parameters as well as combining various indicators to develop unique strategies.
#SOL Solana (SOL) price recently saw a significant gain, rising 10% to $161. This jump came after US Federal Reserve Chairman Jerome Powell made a statement, hinting at a possible interest rate cut in the coming months.
Markets interpreted these comments as a signal for monetary easing, which led to a rise in the prices of various cryptocurrencies, including Solana. Prior to this, SOL was trading around $140, but after Powell’s speech, the price quickly rose above $160.
Solana’s current price is $215.96, reflecting the ongoing volatility in the crypto market. like+subscribe=♡
Weekend Prediction!! On December 18, 2024, according to CoinLore, the Ethereum price is #ETH at around $3,864.75, down 3.84% from its previous close.
Forecasts for the coming days point to a possible rise in the price of ETH
According to CoinLore, the price of ETH is expected to reach $4,320 in the next 10 days.
However, according to Changelly, the price of ETH is predicted to decline by 0.98% by December 19, 2024.
The current price of Bitcoin is #BTC at around $104,234, down 2.85% from its previous close.
BTC's forecast for the end of the week is less certain, but some analysts are skeptical of further price growth given the current market dynamics. like+subscribe=♡
Kraken Survey: 73% of Americans Will Continue to Invest in Cryptocurrency According to a study by the cryptocurrency exchange Kraken, 55% of respondents in the U.S. believe that digital assets have practical value, and 73% of respondents confirmed plans to continue investing in cryptocurrency despite market fluctuations. Interest in the sector is supported by hopes for growth and innovation.
Discussions about the legitimacy #DOGE involve several key aspects: 1. Unlimited issuance Dogecoin has an unlimited supply of coins, which is different from cryptocurrencies like Bitcoin, where the number of coins is strictly limited (21 million). This raises concerns among analysts, as unlimited issuance could lead to inflation and a decrease in the coin's value in the long term.
Cardano #ADA/USDT has been growing significantly in recent days. Since the beginning of November 2024, the price of ADA has increased by more than 300%, rising from $0.32 to $1.30.
Analyst Dan Gambardello predicts a so-called "supercycle" for Cardano, which implies further significant growth in the price of ADA.
Amid this growth, Cardano is strengthening its position among the leading cryptocurrencies, attracting the attention of investors and analysts. like + subscribe = ♡
In recent days, #XRP , the cryptocurrency associated with Ripple Labs, has shown significant fluctuations amid expectations of changes in cryptocurrency regulation in the USA. After Donald Trump was elected president of the USA, XRP rose nearly 400% since November 5, reaching $2.43 and becoming the third-largest cryptocurrency by market capitalization after Bitcoin and Ethereum. Investors hope that the new administration will ease cryptocurrency regulations, which could positively impact XRP. Previously, Ripple faced SEC claims for selling unregistered securities and was fined $125 million. The appointment of Paul Atkins, a known opponent of strict cryptocurrency regulation, as head of the SEC has bolstered optimism among XRP holders.
In recent days, Bitcoin has shown significant growth, setting new historical highs. On the night of December 16, 2024, the price of the first cryptocurrency exceeded $106,000 for the first time, reaching $106,554 on the Coinbase exchange and $106,648 on Binance.
This growth is attributed to statements by elected U.S. President Donald Trump regarding plans to create a strategic reserve of Bitcoins, similar to the strategic oil reserve. Such intentions have sparked enthusiasm among investors and contributed to the rise in the cryptocurrency's exchange rate.
Against this backdrop, Bitcoin's market capitalization has exceeded $2 trillion, making it one of the largest assets in the global market. Since the beginning of 2024, Bitcoin has appreciated by 148%, reflecting the growing interest of investors in digital assets.
In addition, there has been an increase in the number of large Bitcoin holders. According to analysts, the number of owners of large wallets has increased by 9.9% since October 10, indicating ongoing accumulation of cryptocurrency by institutional and private investors.
Bitcoin #BTC : Bitcoin broke the resistance level at $101,900 on December 12, however, the bulls could not hold positions above that mark. Current support is at $96,916 (20-day EMA); a breakout below it could lead to a decline to $90,000. To continue the upward trend, it is necessary to break the level of $104,088, which could open the way to $113,331 and further to $125,000.
Tokenization of real assets (RWA) continues to evolve, attracting both traditional financial players and the cryptocurrency community. Here are the key news and trends:
1. Growth of institutional interest Large financial companies, such as BlackRock and Janus Henderson, are actively exploring RWA as a way to enhance efficiency and liquidity. For example, tokenized U.S. government bonds showed a 450% growth in 2024 due to the convenience of working with them on blockchain platforms.
Trading on the top 10 cryptocurrencies can be profitable, but it comes with high risks. The prospects depend on many factors, such as technological updates, market trends, and regulation. Here are some points to consider:
1. Bitcoin
: Bitcoin remains the main asset in the cryptocurrency space. It attracts institutional investors and serves as "digital gold." In the long term, it may strengthen as a store of value, especially if it gains wider acceptance as a means of payment.
Financial losses can be a significant source of stress, causing feelings of disappointment, anxiety, and even fear for the future. However, it's important to remember that money is just a resource and not a defining factor of your worth. Recovering from a financial setback is a complex but entirely possible process. Here are some steps that can help you cope with emotional upheaval and build a new foundation for moving forward.
1. Trend: The chart shows a clear upward trend. The price has risen from around $52,550 to $100,000 with minor corrections.
2. Support and Resistance Levels: Key Support: $87,767 (a recent level from which the price bounced).
Key Resistance: $104,088 (the peak on the chart where the correction started).
3. Candlestick Patterns: At the peak around $104,088, long upper shadow candles can be seen, indicating resistance and profit-taking by traders. This triggered a local correction.
4. Corrections: After reaching $104,088, a price decline is visible followed by sideways movement around $100,000. This may indicate a consolidation phase before further movement.
5. Potential Scenarios: Continued Growth: If the price breaks above $104,088 and holds, the next target may be around $106,000–$110,000.
Downward Correction: If the price fails to hold the $100,000 level, a retest of $87,767 is possible.
6. Recommendations: Monitor the reaction at the $104,088 level. A breakout with high volume may confirm further growth. For more conservative trading, wait for a retest of the support level ($87,767) #BTC
Stability in trading is a goal that many traders strive for. However, the path to it lies not only through knowledge and experience but also through psychological resilience, discipline, and a clear strategy.
Why is stability important?
In financial markets, it is impossible to avoid losses. Even the most experienced traders face drawdowns. Stability helps minimize the negative impact of such periods and maintain the balance necessary to continue trading. It allows avoiding emotional decisions that often lead to even greater losses.
How does the DCA strategy help invest in Bitcoin and Ethereum?
Investing in cryptocurrencies can seem complicated, especially due to their volatility. The prices of Bitcoin
and Ethereum
can change every day, sometimes very sharply. But there is a simple and effective way to enter the world of cryptocurrencies without trying to guess the best moment to buy. This strategy is called Dollar Cost Averaging or DCA.
#BTC The pastor is accused of promoting a cryptocurrency pyramid scheme worth $6 million. The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against the pastor of one of the Spanish churches in Washington state, accusing him of organizing and promoting a fraudulent Ponzi scheme. The essence of the allegations is as follows:
#BTC Market patterns are like magic, only without the magic wands. At the heart of these models lies real market psychology, where traders' decisions often depend not on logic, but on emotions. And yes, it resembles crowd behavior at a sale more than strict mathematical calculations.