**Crypto on the Campaign Trail: Harris and Trump Engage with Industry Insiders**
Vice President Kamala Harris' presidential campaign is making waves in the crypto world with recent comments on digital assets. While her stance remains broad, insiders note progress in her campaign's policy views. Harris has engaged with industry leaders from Ripple Labs and Coinbase, with Coinbase's Chief Legal Officer, Paul Grewal, highlighting the campaign's growing understanding of the sector.
Former President Donald Trump is also pushing pro-crypto policies, aiming to make the U.S. a "world capital for crypto."
What are your thoughts on crypto's role in the upcoming election? Share below! đ
GHST: Breaking Out of the Range? đ
GHST is showing signs of life after a period of consolidation. The price has recently tested the $1.0 and seems to be gaining momentum. If it can break through this level, it could signal a significant uptrend.
The volume has also been increasing, suggesting that there is growing interest in the coin. If this trend continues, GHST could be poised for a breakout.
However, it's important to note that breaking out of a range is not guaranteed. There could still be resistance at higher levels. Investors should be prepared for potential pullbacks, especially if the price fails to break through the $2.2.
#Super029 #GHST
_âïžâ ïžđšBitcoin Options Market Predicts Price Surge: Expert Insights_
$BTC $XRP $BNB đ‎ïžđȘ
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The Bitcoin options market is signaling a potential feedback loop of higher prices, says Nick Forster, founder of DeFi derivatives protocol Derive đ.
_Traders Bet on Upside Volatility_
30-day call/put skew for Bitcoin options contracts tracks higher đ
Traders position for potential volatile moves ahead of key events, including the US presidential election đłïž
_Expert Predictions:_
- $80,000-$90,000 by November's end đ
- $100,000+ surge predicted by some experts đ
_Key Drivers:_
- Increased Adoption: Corporations and institutional investors join the fray đ
- Halving Events: Four-yearly events slash Bitcoin supply, driving demand âïž
- Global Economic Trends: Loose monetary policy and high asset inflation đ
_Bitcoin ETFs Boost Liquidity_
Recent surge attributed to increased trading activity during Lunar New Year đ
Bitcoin exchange-traded funds (ETFs) inject significant liquidity đž
_Market Sentiment:_
- 55% of traders expect Bitcoin to reach $100,000 by 2025 đ
- 70% predict increased adoption in the next 6 months đ
_Expert Insights:_
- "Bitcoin's options market is heating up."
- "Traders are positioning for potential gains."
_Get Ready for a Wild Ride:_
As Bitcoin's options market predicts higher prices, traders and investors should:
- Stay informed about market trends and events đ
- Manage risk with diversified portfolios đ
- Prepare for potential volatility â ïž
The Bitcoin options market is sending strong signals. Will prices soar to new heights?
#Bitcoin #Debate2024 #CPI_BTC_Watch #CryptocurrencyCulture #InvestmentAccessibility #TradingShot
Alright, so BAT is kind of in limbo right now. It's holding support around $1.85, but hasnât managed to push past $2.00. The volumeâs there, but not quite enough to tell us where it's headed next. Itâs one of those moments where it could really go either way.
We could see a breakout soon, maybe pushing up to $2.50, or, if things go south, it might dip to $1.50. Just one of those coins where you gotta keep an eye on the charts and see what happens.
#Super029 #BAT
_đšâïžâïžHong Kong Leapfrogs into Digital Future: e-HKD Testing Enters Phase 2 đ_
$AVAX $AI $COMP đ‎ïžđȘ
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Hong Kong propels forward with its central bank digital currency (CBDC) ambitions! The Hong Kong Monetary Authority (HKMA) launches Phase 2 of its pilot program for the digital Hong Kong dollar (e-HKD) đ, partnering with 11 companies from diverse sectors đ€.
_Phase 2 Objectives:_
1ïžâŁ Tokenized Asset Settlements: Modernizing trading in stocks, bonds, and real estate đ
2ïžâŁ Programmable e-HKD: Enabling automated transactions via smart contracts đ€
3ïžâŁ Offline Payments: Exploring transactions without internet access đŽ
_Participating Companies:_
đŠ Bank of China (Hong Kong)
đŠ HSBC
đŠ Standard Chartered
đŠ DBS
đŠ Citibank
đŠ JPMorgan Chase
đŠ Goldman Sachs
đŠ BNP Paribas
đŠ Agricultural Bank of China
đŠ Hang Seng Bank
đŠ OCBC Wing Hang Bank
_Expert Insights:_
- "e-HKD will enhance financial inclusion and efficiency." đĄ
- "Tokenization will revolutionize traditional asset trading." đ„
_Key Benefits:_
- Improved settlement efficiency â±ïž
- Reduced counterparty risk đ
- Increased transparency đ
- Enhanced customer experience đ
_Global Implications:_
Hong Kong's pioneering efforts will:
- Influence CBDC development worldwide đ
- Foster innovation in fintech and digital assets đ»
- Strengthen Hong Kong's financial hub status đ
The successful implementation of the e-HKD will pave the way for a more efficient, secure, and inclusive financial ecosystem.
#DigitalCurrencyExplained #CBDCs #eHKD #fintech #HongKong2024 #FinancialInnovation
While His Rival Sets New Record, Pepe Climbs 14%
Some have speculated that Pepe ($PEPE), a meme currency, may soon see a meteoric rise in value. With a market worth of nearly $3.4 billion, Pepe is the third biggest meme currency. It has outperformed the two top meme currencies this week and overnight thanks to its increases.
Pepe has gained 3.4% in the last 24 hours and 14.3% in the past week, reaching its current price of $0.058187.
Dogecoin ($DOGE), the market leader in the industry with a valuation of almost $15.7 billion, gained just 2% overnight and 7% for the week. As of right now, the price is $0.1073.
Shiba Inu ($SHIB), the second most popular meme currency, with increases comparable to those of $DOGE. At $0.00001449, $SHIB was up 1.2% for the day and almost 11% for the week.
The two most popular canine meme currencies followed the same general trend as Bitcoin ($BTC), which increased 1% overnight and 9.4% week-to-week to $63,347.
Check Out the Most Recent Pepe Price Analysis!
While Pepe's surge was impressive, it was overshadowed by DogWifHat ($WIF), which increased 17.5% since last Monday, and Ethereum's $NEIRO, which increased 228% over the course of the week.
But there's still a lot of space for Pepe to mount a comeback.
Despite this, the dropping red line shows that it has encountered increasing opposition since the beginning of summer.
As the token attempts to reclaim $0.00001 by mid-week, its relative strength index (RSI) of 57 suggests that sustained purchasing might crystallize the token's present price as a new support level.
#PEPE #BTCReboundsAfterFOMC #USRetailSalesRise $PEPE
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$SAGA /USDT
In trading, identifying support and resistance levels is crucial for making informed decisions. These levels represent price points where an asset's price tends to reverse or stall due to concentrated buying or selling pressure.
Support is a price level where demand is strong enough to prevent the price from falling further. Itâs often seen as a "floor" that provides stability to an assetâs price. When the price reaches support, buyers usually step in, causing it to bounce back up. However, if the price breaks below the support level, it can signal a potential downturn, as sellers dominate.
Resistance, on the other hand, is the opposite. Itâs a level where selling pressure is significant enough to prevent the price from rising further, acting like a "ceiling." When the price approaches resistance, sellers often enter the market, pushing the price down. If the price breaks above resistance, it can indicate bullish momentum, as buyers overwhelm the market.
Spotting these levels helps traders predict potential reversals, identify entry or exit points, and manage risk more effectively. By combining support and resistance with other technical indicators, traders can gain a clearer picture of market behavior and make more strategic decisions.
#BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #NeiroOnBinance #FOMC
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