Based on our technical indicators, Aavegotchi's 200-day SMA will rise in the next month and will hit $âŻ1.537502 by Sep 21, 2024. Aavegotchi's short-term 50-Day SMA is estimated to hit $âŻ1.491689 by Sep 21, 2024.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 61.64, which indicates that the GHST market is in a neutral position.
#GHST #MarketDownturn #TONonBinance #Write2Earn #BecomeCreator $GHST
{spot}(GHSTUSDT)
đ FTX Reorganization Plan Approved: A Step Towards Bankruptcy Resolution đ
$ETH $BNB $LDO đ‎ïžđȘ
{spot}(LDOUSDT)
{spot}(BNBUSDT)
{spot}(ETHUSDT)
Cryptocurrency trading platform FTX has secured preliminary approval for its reorganization plan đ, marking a significant milestone in its bankruptcy journey đ.
đ Key Dates:
đ May 7, 2024: FTX files reorganization plan đ
đ June 26, 2024: Preliminary approval granted by the court đ€
đ
October 7, 2024: Confirmation hearing scheduled to finalize the plan đ
đ Plan Highlights:
đ Repayment strategy for debts: FTX outlines a plan to repay creditors and stakeholders đž
đ Reorganization of FTX's business structure: A new structure to ensure sustainability and growth đ
đ Path forward for customers and stakeholders: Clarity on the future of FTX and its services đ
đ Overwhelming Support:
đ€ Creditors show strong support for the plan: A majority of creditors back the reorganization plan đ
đ Approval paves the way for FTX's recovery and growth: A positive step towards bankruptcy resolution đ
đ Next Steps:
đ
Confirmation hearing: The court will review and finalize the reorganization plan đ
đ Implementation of the reorganization strategy: FTX will execute the plan, focusing on recovery and growth đ
FTX's reorganization plan approval marks a significant step towards:
đĄ Recovery: FTX can now focus on rebuilding and recovering from bankruptcy đ
đ Growth: A clear path forward enables FTX to explore new opportunities and growth đ
đ Trust: FTX can work towards rebuilding trust with customers and stakeholders đ€
This approval is a positive development in FTX's bankruptcy journey, paving the way for a successful reorganization and a brighter future đ.
KIP Protocol announces a partnership with Nuklai
#KIPProtocol partners with #Nuklai , a #Layer1 blockchain infrastructure provider for data economies. Through this partnership, KIP Protocol incorporates Nuklai data expertise to enhance the development of AI-ready KBs, ultimately benefiting businesses, researchers, and #AI value creators. Nuklai integration into KIP improves the quality and accessibility of data for AI training and knowledge base development.
KIP Protocol is a #Web3 base Layer for AI that enables secure transactions and monetization of AI models, applications, and data assets. The project is backed by Animoca Brands, Morningstar Ventures, SkyVision Capital, Spicy Capital, Purechain Capital and others.
đ x.com/KIPprotocol/status/1826505451888111901
âĄïž @Bondexapp $BDXN has joined forces with @TheoriqAI to develop AI agent collectives
Bondex announces a partnership with Theoriq, a platform for AI innovation. Through this collaboration, Bondex will leverage Theoriq to develop an #AI Agent Collective that will be trained on Bondexâs data, be capable of automating job matching, and act as a virtual career coach. Bondex is a #Web3 talent ecosystem combining a talent network & marketplace partly owned by its community of users, backed by @AnimocaBrands, @Morningstar_VC, and others.
đ
đ Hey Oceaners! Following up on yesterdayâs update, weâve been hard at work finding and fixing those bugs. And guess what? We did itâgreat news! đ But to make sure everythingâs rock solid, weâre giving it a little extra time. So, weâre moving the start date for the Incentives Program to August 29. đ ïž
Starting then, weâll track node uptime over the first four epochs, from August 29 to September 26, with the top 50 nodes earning a Phase 1 ONB. đ
To qualify, make sure your node has a public IP and exposes both HTTP API and P2P ports. đđ
Weâve also rolled out some awesome dashboard improvementsâenhanced table functionality and clearer reward eligibility indicators. đ
Thanks for your support and patienceâweâre pumped to keep pushing Ocean Nodes to the next level! đȘ
Get all the details here:
Yesterday, we heard from @xianxlb and @anyhauu about the latest updates on Jupiter Products!
@0xSoju, @weremeow and @SlorgoftheSlugs
also touched on various components around the J.U.P, such as keeping users safe and the future of WGs.
Watch the recording + timestamps below!
Timestamps:
0:00 - Introduction
2:53 - Agenda for the Call
5:08 - Wins of the Week [Catching the Malicious Browser Extension, Meowcast with Steve Chen is out, Launching Jupiter Lock Beta, Jupiter Referrals on Swap, Uplink Grants for Creators]
14:25 - Introducing Jupiter Lock (in beta) for Locking and Vesting Newly Launched Tokens w/ @xianxlb
24:41 - Making Limit Orders Great Again w/ @anyhauu
35:51 - Keeping Users Safe from a Malicious Browser Extension w/ @0xSoju
49:02 - Revisiting the Jupiverse and JWGs so far w/ @weremeow
1:05:40 - The New Working Groups Progression Proposal w/ @Slorgoftheslugs and @KEMOS4BE [Vote goes live on Friday]
1:26:43 - Partner Spotlight w/ @Vaultkaofficial
1:39:52 - Catdets Corner w/ @Irish6995
$BTC /USDT Alert đš
{spot}(BTCUSDT)
Bitcoin is testing the upper resistance zone around $61,250. If it breaks above, we could see a push toward the next resistance at $62,000. However, if it fails to break, a retest of the $60,284 support level is likely.
Keep an eye on these key levels:
- Resistance: $61,250 - $62,000
- Support:** $60,284
#BTCâ #Bitcoin #LowestCPI2021 #CryptoMarketMoves #BinanceBlockchainWeek
$NMR
{spot}(NMRUSDT)
{future}(NMRUSDT)
#NMR/USDT
The NMR/USDT trading pair has experienced a significant surge, as shown in the recent 4-hour chart. After a period of low volatility and consolidation around the $12.32 to $13.99 range, the price broke out sharply, reaching a high of $17.86 before experiencing a slight pullback to around $16.84. This breakout was accompanied by a substantial increase in trading volume, indicating strong buying interest.
The breakout above the key resistance level at $14.13 marks a pivotal shift in market sentiment, with bulls taking control and driving the price higher.
Disclaimer: The information provided in this analysis is for educational purposes only and should not be construed as financial advice. Trading cryptocurrencies carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
#6thTrade #MarketSentimentToday #BecomeCreator #Market_Update
CryptoQuant's weekly report observed that "most Bitcoin (BTC) demand indicators are showing weakness." The report noted that the monthly increase in whale BTC holdings has slowed to just 1%, down from 6% in Februaryâa 3% increase is typically associated with a rise in BTC prices. Moreover, inflows into U.S. BTC spot ETFs have declined since March. However, the report highlighted that long-term BTC holders have significantly increased their holdings compared to the first quarter, suggesting that despite the overall drop in demand, long-term investors are still actively accumulating BTC.
Have you got trapped by recent price bounce in $BTC or still waiting with me for $55K zone?
Today here we will try to explain in easy words why we are expecting this dump while many people are bullish. Here are Five reason why we are bearish:
1. Technical
2. Liquidity
3. Powell Speech
4. MTGOX Repayment
5. Psychology
Please don't forget to [give us a vote](https://app.binance.com/uni-qr/cpro/MU_Traders?l=en&r=530473962&uc=app_square_share_link&us=copylink) đłïž.
First of all we will discuss technical , Liquidity and psychology combine. Chart give a breakout looking Bullish but fir those who look only breakout and breakdown . If look closely then we can see #BTCâ price rejected from $61,700 level 3 times . Maximum chance it dump from here to grab Liquidity from lower levels . $500M+ liquidity present at $56K zone. After breakout many people get trapped but we think we need to wait for 1D to close above 62,800 ( Invalidation Point ) to become Bullish . Untill this happen we are bearish and will wait for these levels :
1. $57,500
2. $55,300 You can use 40% funds on each entry to buy.
Now let's discuss about powell yesterday speech and #MtGoxRepayments . Yesterday Powell Speech make People bullish bcz Powell give rate cut signal in September . According to our point of view whales will trap people on this news. Also MTGOX started repayment to creditors again that can also cause selling pressure .
Please don't forget to like post. We need your support . Open our profile and give us a vote đłïž. Please don't forget to vote both of us @MU_Traders & @UmairNauman . Follow #MU_Traders for more updates .
Theme of talk : BTC will move downward till $55,300.
#PowellAtJacksonHole #CryptoMarketMoves
- A total of 2,093 #BTC , worth approximately $127.85 million, was moved from one unknown wallet to another.
- 1,473 $BTC , valued at around $89.23 million, was transferred from Kraken to a newly created, unknown wallet.
- Kraken sent 60 million USDT, about $60.06 million, to Bitfinex.
- Shortly after, Bitfinex moved 60 million USDT, valued at roughly $60.02 million, to an unknown wallet.
- Bitfinex then transferred $50 million USDT, around $50.08 million, to the Tether Treasury.
- Another 60 million USDT, worth approximately $60.04 million, was sent from Kraken to Bitfinex.
- 975 BTC, valued at about $59.43 million, was transferred from Kraken to an unknown wallet.
- Bitfinex moved 60 million USDT worth about $60.04 million to another unknown wallet.
STAY TUNED AND CATCH MORE UPDATES WITH US
#xmucan #crypto #whale
$PHB
{spot}(PHBUSDT)
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#PHBUSDT
The PHB/USDT trading pair has recently demonstrated a strong bullish breakout, as shown in the latest 4-hour chart. After an extended period of consolidation within the $1.158 to $1.243 range, the price has broken out, climbing to $1.368 with a strong increase in trading volume. This breakout above the resistance level of $1.243 suggests that the market sentiment has shifted in favor of the bulls, signaling the potential for further gains.
The price is now approaching the next key resistance level at $1.528, which could be a short-term target if the current momentum continues.
Traders who entered during the consolidation phase could see this as a profitable move, especially if the price sustains its momentum above the $1.243 support level. The market is showing signs of a strong uptrend, but it's important to watch for any potential pullbacks that might test the newly established support.
the PHB/USDT pair appears to be in a solid position for further growth, with the breakout providing a positive outlook for traders looking to capitalize on this momentum. If the price can maintain its upward trajectory, the $1.528 resistance level could be the next significant hurdle.
Disclaimer: The information provided in this analysis is for educational purposes only and should not be construed as financial advice. Trading cryptocurrencies carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
#6thTrade #MarketSentimentToday #Market_Update #BecomeCreator
Donald Trump might find it challenging to fulfill some of his pro-crypto campaign promises if he wins the upcoming election, an expert has cautioned. Professor Tonya Evans, a specialist in digital assets, told Cryptonews that certain promises made by Trump during his campaign are "literally impossible" to achieve. For instance, Trump has pledged to remove SEC chair Gary Gensler on his first day in officeâa process that would realistically take months or even years to complete.
Evans, who recently led a panel at a Crypto4Harris virtual town hall, emphasized the difficulties in implementing such promises. This event brought together industry entrepreneurs in support of the Democrats. During the discussion, Senate Majority Leader Chuck Schumer mentioned that Congress could pass crypto legislation by the end of this year. However, while Vice President Harris has been urged to clarify her stance on digital assets, crypto was notably absent from the 92-page agenda released prior to the Democratic National Convention.
#CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021 #Babylon_Mainnet_Launch #BinanceLaunchpoolDOGS