Get ready! The next big return opportunity could be just around the corner, and itâs time to pay attention to whatâs happening with FLOKI and AVAX.
[vote for me](https://app.binance.com/uni-qr/cpro/CryptoMystique?l=en&r=146259817&uc=app_square_share_link&us=copylink)
FLOKI: Currently, FLOKI is hovering just below the 200-day EMA on the daily chart, but thereâs a strong bullish signal on the horizon. FLOKI recently broke through a significant double bottom pattern, and this breakthrough is holding steady. This is a clear sign that something big could be coming.
Adding to the momentum, FLOKI has partnered with SimonsCatMeme to launch a reward program for trading CAT tokens using FLOKI trading bots. This collaboration not only energizes the FLOKI community but also brings fresh growth opportunities to its ecosystem. With 1.5% of the CAT supply allocated to incentivize users, traders using the Floki Trading Bot could earn back, or even exceed, their trading fees. This initiative could be the fuel that drives FLOKIâs future success.
AVAX: Grayscale, the largest crypto asset management company globally, recently announced a major move, offering investors a new way to invest in AVAX. This move signals Grayscaleâs strong confidence in AVAXâs potential, drawing even more investor interest.
While AVAX hasnât fully escaped the pressure of the 200-day EMA on its daily chart, its overall trend remains positive. If AVAX can break through the critical resistance level at $24.70, it could open up a path to $25.50 or even higher. Market sentiment suggests that AVAX might even reach the $50 mark soon, making it a key player to watch in the coming days.
#BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
**News Flash: Telegram CEO Arrest Shakes Crypto Community**
Telegram co-founder and CEO Pavel Durov was arrested in France on August 24, causing an immediate drop in Toncoin's value. The arrest has broader implications for the crypto industry, which heavily relies on Telegram for community building and project launches.
Tim Kravchunovsky, CEO of Chirp, warns that this move by French authorities could be seen as an attack on free speech and decentralization, core values of the Web3 ecosystem. Concerns are rising about potential government overreach and the crackdown on privacy-oriented technologies essential for crypto operations.
Telegram is known for its resistance to government censorship, though its end-to-end encryption is not a default setting, raising concerns about data security. Critics argue that the platform's encryption practices are difficult for non-experts to enable, making it less secure than alternatives like Signal.
French authorities claim Durov's arrest is linked to criminal activities facilitated through Telegram, such as drug trafficking and terrorism. This has sparked fears of increased surveillance and censorship.
The arrest has sent shockwaves through the tech community, prompting some industry leaders to reconsider their operations in Europe. The incident highlights a growing global conflict between government regulation and the advocacy for privacy and decentralized technology.
Top Performers and Underperformers to Watch
1. POPCAT
- Weekly Gain: +77.43%
- Price Trend: POPCAT saw remarkable growth, starting the week at $0.40, surging to $0.75 by week's end. Significant spikes on August 22nd and 23rd drove its bullish momentum, reflected in an RSI above 60.
- Market Cap: $718 million
- Trading Volume: $91.3 million (down 40%)
2. FET
- Weekly Gain: +46.81%
- Price Trend: Starting the week at $0.80, FET climbed to $1.20. Despite the price surge, trading volume decreased by over 20%.
- Market Cap: $3.1 billion
- Trading Volume: $213 million
3. 1000SATS
- Weekly Gain: +46.81%
- Price Trend: SATS rose from $0.00028 to $0.0004, experiencing steady gains, particularly on August 23rd.
- Market Cap: $826 million
- Trading Volume: $176 million (down 20%)
4. HNT
- Weekly Loss: -17.66%
- Price Trend: HNT started the week at $7.8, dropping to $6.5 by week's end, significantly impacting its market cap and trading volume.
- Market Cap: $1 billion (down 6%)
- Trading Volume: $12.7 million (down 30%)
5. Toncoin (TON)
- Weekly Loss: -14%
- Price Trend: Despite early gains, TON ended the week at $5.9, influenced by negative news surrounding Telegram, contributing to its sharp decline.
- Market Cap: $13 billion (down 17%)
- Trading Volume: $1.9 billion (up 600%)
6. Notcoin (NOT)
- Weekly Loss: -12.19%
- Price Trend: Notcoin mirrored TON's performance, starting strong but dropping to $0.009 by week's end due to similar Telegram-related news.
- Market Cap: $937 million (down 20%)
- Trading Volume: $600 million (up 150%)
Follow for updates, analysis, trends and prediction. Like and share. Thanks
Buy and enjoy. dyor.
$WIF
{spot}(WIFUSDT)
$PEPE
{spot}(PEPEUSDT)
$BONK
{spot}(BONKUSDT)
#MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #Write2Earn!
Thai SEC Eases Crypto Investing Restrictions
The SEC of Thailand has updated the criteria for investing in digital tokens, easing some restrictions.
$BTC
In a recent meeting, the SEC Committee approved the principles for improving investment criteria and related criteria for digital asset business operations, aiming to establish effective investor protection mechanisms while considering the risks associated with digital assets.
For one, the commission has lifted investment restrictions previously imposed on retail investors for digital tokens backed by real estate or generating real estate income streams (real estate-backed ICOs) and digital tokens with infrastructure operations or revenue streams (infra-backed ICOs).
$BNB
Previously, retail investors were limited to investing a maximum of 300,000 baht per offering.
The SEC also reviewed the criteria for establishing custodial wallet provider businesses, enabling them to offer services to digital asset business operators.
$ETH
{spot}(BTCUSDT)
Earlier this year, the countryâs Finance Ministry also announced the exemption of value-added tax (VAT) on digital asset trading.
By easing tax rules, the ministry has suspended the requirement to pay 7% VAT on income derived from cryptocurrency and digital token trading.
This VAT exemption, effective since January 1, 2024, has no expiration date, providing a long-term incentive for investors and traders in the digital asset space.
Thai Authorities Raid Illegal Bitcoin Mining Operation Amid Power Outage
BitcoinMiningThailand
A significant power drain was traced back to a single house in the area.
Authorities in Thailand have cracked down on an illegal Bitcoin mining operation in Ratchaburi, a town west of Bangkok, following multiple complaints from residents regarding recurring power outages.
The raid, which took place on August 23, was initiated after a month-long investigation into unexplained blackouts that began in mid-July.
The investigation was conducted by the Provincial Electricity Authority (PEA) in collaboration with local police.
House Responsible for Significant Power Drain
The authorities were alerted to a significant power drain that was traced back to a single house in the area.
Upon inspection, the house was found to be the center of a large-scale Bitcoin mining operation.
Jamnong Chanwong, the chief district security officer, revealed that the electricity consumption at the property was abnormally high.
House Responsible for Significant Power Drain
The authorities were alerted to a significant power drain that was traced back to a single house in the area.
Upon inspection, the house was found to be the center of a large-scale Bitcoin mining operation.
Jamnong Chanwong, the chief district security officer, revealed that the electricity consumption at the property was abnormally high.
Despite this, the payments made for the electricity were suspiciously low, suggesting that the operators were illegally siphoning power to sustain their mining activities.
The equipment was installed by a company that rented the house for about four months, coinciding with the period when the areaâs power outages became severe.
Although no arrests were made during the raid, authorities believe the operators fled after realizing their activities had drawn the attention of law enforcement.
The investigation remains ongoing as officials work to identify those responsible.
Illegal Bitcoin mining has become an increasing issue in Southeast Asia, with operators taking advantage.
Educational Post
What is Scalping?
[VOTE FoR me And CLaim Ur Free USDT đ€](https://app.binance.com/uni-qr/cpro/Crypto_Psychic?l=en-IN&r=70892612&uc=app_square_share_link&us=copylink)
Scalping is one of the quickest trading strategies out there. Scalpers donât try to take advantage of big moves or drawn-out trends. Itâs a strategy that focuses on exploiting small moves over and over again. For example, profiting off of bid-ask spreads, gaps in liquidity, or other inefficiencies in the market.
Scalpers donât aim to hold their positions for a long time. Itâs quite common to see scalp traders opening and closing positions in a matter of seconds. This is why scalping is often related to High-Frequency Trading (HFT).
Scalping can be an especially lucrative strategy if a trader finds a market inefficiency that happens over and over again, and that they can exploit. Each time it happens, they can make small profits that add up over time. Scalping is generally ideal for markets with higher liquidity, where getting in and out positions is relatively smooth and predictable.
Scalping is an advanced trading strategy that isnât recommended for beginner traders due to its complexity. It also requires a deep understanding of the mechanics of the markets. Other than that, scalping is generally more suitable for large traders (whales). The percentage profit targets tend to be smaller, so trading larger positions makes more sense.
đ„đ„Binance will list MiCA-approved stablecoin
Binance exchange announced that it will list the new coin. The platform announced that it will list #Eurite (#EURI ), one of the first stablecoins, permanently on MiCA on Wednesday, August 28.
Binance announced that it will list Eurite (EURI) on Wednesday, August 28 at 10:00 UTC. Eurite, which is pegged to the Euro, the official currency of the #European Union and the MiCA system, will be available for trading in EUR/EURI and EURI/USDT pairs.
EURI deposits have started, while withdrawals will officially start on August 29 at 10 UTC.
Eurite (EURI), which is a permanent coin by the MiCA rules officially fixed for the regulation of cryptocurrencies last year, is also important in terms of the EU's non-compliance.
#binance #stablecoin
3 Tech Stocks With More Potential Than Any Cryptocurrency
Many cryptocurrencies rallied back over the past year as expectations for lower rates drove investors toward speculative investments again. Moreover, the approvals of the first spot price exchange-traded funds (ETFs) for Bitcoin and Ether, Ripple's victory against the U.S. Securities and Exchange Commission (SEC), and Bitcoin's halving in April all brought more bulls back to this segment of the market.
It might be tempting to jump on the crypto bandwagon again, but investors should realize those tokens still mainly trade on market hype instead of sustainable long-term strengths. Instead of placing big bets on the volatile crypto market, it might be smarter to invest that cash in a few high-risk and high-reward plays in the tech sector instead.
I believe these three tech stocks -- AST SpaceMobile (NASDAQ: ASTS), Serve Robotics (NASDAQ: SERV), and Lumen Technologies (NYSE: LUMN) -- have the potential to generate bigger gains than any cryptocurrency over the next few years. Let's find out a bit more about these stocks.
AST SpaceMobile
AST SpaceMobile develops low-earth orbit (LEO) satellites for cellular communications. Unlike SpaceX's Starlink, which provides medium-range coverage through mid-band spectrums, AST's satellites provide lower-band connections which can be directly accessed by every day 2G, 4G, and 5G smartphones across wider regions.
AST SpaceMobile was founded seven years ago and went public by merging with a special purpose acquisition company (SPAC) in 2021. It launched its first BlueWalker 3 prototype satellite for 4G and 5G connections in September 2022, and it secured cellular broadband agreements with AT&T and Verizon Communications this May.
AST has a market cap of $5.2 billion, but it hasn't generated any meaningful revenue yet. That's because investors expect its revenue to soar after it successfully launches its first commercial satellites. It's scheduled to launch its first five commercial Block 1 BlueBird (BB) satellites next month.
Bitcoin (BTC) has begun to recover, sparking renewed interest in its broader ecosystem, with assets like Sats and Ordi leading the way. This surge in BTC's ecosystem is bringing attention to other projects connected to Bitcoin and DeFi, including BADGER.
[vote for me](https://app.binance.com/uni-qr/cpro/CryptoMystique?l=en&r=146259817&uc=app_square_share_link&us=copylink)
BADGER has experienced prolonged market downturns, positioning it near the bottom of the market cycle. However, this project, which is deeply involved in DeFi and the BTC ecosystem, is showing promising signs. With the upcoming launch of cbBTC, a project beneficial for both DeFi and BTC fractals on Ethereum, the potential for BADGER to perform well is increasing. BADGER is fully circulated with a relatively low market cap, making it a prime candidate for significant price movements. Historically, BADGER has seen rapid surges, often multiple times in short periods, underscoring its volatility and potential for gains.
In terms of project progress, BADGER has gained support from Gitcoin, which backs the Grants plan for $BADGER, emphasizing community-driven growth for Bitcoin in DeFi. This support could further enhance its position within the ecosystem, making it a noteworthy contender in the DeFi space.
#BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
Better Cryptocurrency to Buy Right Now: Bitcoin vs. XRP
Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) are two very different types of cryptocurrencies. Bitcoin, the world's top cryptocurrency, is often considered a "blue chip" coin that is less volatile than smaller altcoins. XRP, the native cryptocurrency of the Ripple payment platform, is a much smaller token that has largely traded on the drama surrounding a U.S. Securities and Exchange Commission (SEC) lawsuit over the past four years
Over the past 12 months, Bitcoin's price jumped 134% as XRP's price rose 14%. Over the past five years, Bitcoin's price surged 487% while XRP's price climbed 116%. So is it smarter to simply stick with Bitcoin than to bet on XRPs future growth?
The differences between Bitcoin and XRP
Bitcoin is often compared to physical metals such as gold because it's digitally mined through an energy-intensive proof-of-work PoW process. Its miners use powerful ASIC chips to process calculations and earn Bitcoin rewards from its blockchain
That process gets more challenging every four years with scheduled "halvings," which reduce the rewards for mining Bitcoin by half. As of this writing, nearly 19.8 million Bitcoins (out of its maximum lifetime supply of 21 million) have already been mined. But due to the increasing difficulty of mining Bitcoin, experts don't expect the final Bitcoin to be mined until 2140. It's a tightly controlled long-term inflation policy
Bitcoin's blockchain doesn't support smart contracts or decentralized apps (dApps) like the proof-of-stake (PoS) blockchains used by Ethereum, Solana, and Cardano. However, its simple approach to mining, its scarcity, and its increasing adoption for mainstream payments make it more comparable to gold, silver, and other precious metals than many other cryptocurrencies
XRP is a token that was digitally minted instead of mined. Its parent company, Ripple, minted its entire supply of 100 billion tokens prior to its market debut, and it initially locked up 55 million of those tokens in escrow accounts across its blockchain.$SOL
Five Easiest Ways to Make Money with Cryptocurrencies in the 2024 to 2025 Bull Market
Buy and Hold
One of the simplest strategies is to buy promising cryptocurrencies and hold onto them for the long term. Look for projects with strong fundamentals, a clear use case, and a solid team behind them. During bull markets, the prices of these cryptocurrencies tend to increase significantly, allowing investors to realize substantial gains over time.
Staking
Staking involves holding cryptocurrencies in a wallet to support the operations of a blockchain network. In return, stakers receive rewards in the form of additional coins. Many cryptocurrencies offer staking rewards, providing investors with a passive income stream during the bull market.
Lending
Cryptocurrency lending platforms allow users to lend their digital assets to borrowers in exchange for interest payments. This can be a lucrative way to earn passive income during the bull market, as interest rates are often higher than traditional savings accounts.
Trading
Trading cryptocurrencies involves buying and selling digital assets with the aim of profiting from price fluctuations. While it requires more active management and carries higher risks, trading can be highly profitable during bull markets when prices are rising steadily.
Participating in Initial Coin Offerings (ICOs) and Initial Exchange Offerings (IEOs)
ICOs and IEOs are fundraising mechanisms used by cryptocurrency projects to raise capital. By participating in these offerings, investors can purchase tokens at a discounted price before they are listed on exchanges. If the project is successful, the value of the tokens can increase significantly, resulting in substantial profits for early investors.
Happy trading , good luck.
Remember to vote for me guys
Crypto Market Has Seen 0 Days of Correction in 2023 & 2024 So Far
Crypto has experienced 62 days of market correction from 2014 to date, which makes up a minor 1.6% of the time during this period. The average crypto market correction across these days was -13.0%, which is just 3 percentage points above the technical cutoff definition for a market correction.
Crypto was hit by the highest number of 18 market corrections in 2018, which is double the next highest 9 days of market correction recorded in 2017. The frequency of crypto market corrections in 2018 was likely due to the volatile bearish conditions then, as crypto cooled off from a bull run that gained the asset class greater mainstream recognition.
Notably, crypto saw 0 days of correction in 2023, as the market consolidated and made a gradual recovery despite a challenging macroeconomic environment. Bitcoin and Ethereum similarly did not experience any days of price correction last year.
While both the global crypto market and Bitcoin have yet to experience any days of correction so far this year, it remains to be seen if that will be the case for the rest of 2024. On the other hand, Ethereum has already seen 2 days of price correction this year, namely -10.1% on March 20 and -10.0% on August 6, 2024.
#bitcoin #BTC
{spot}(BTCUSDT)
Five best ways that helped me earn free $1,000 In crypto from BINANCE without any risk
1. Binance Megadrop
Binance Megadrop campaigns are periodic events where users can participate to win free cryptocurrency. To get involved, keep an eye on the Binance announcements for upcoming Megadrop events. Typically, you'll need to complete specific tasks such as trading a certain volume, referring friends, or participating in social media challenges. The rewards can be substantial, offering a great way to boost your crypto holdings.
2. Binance Earn
Binance Earn provides multiple ways to grow your crypto assets, including staking, savings, and liquidity farming. By depositing your cryptocurrencies into Binance Earn, you can earn interest on your holdings. Flexible savings allow you to earn daily interest with the freedom to withdraw anytime, while locked savings and staking offer higher returns for longer commitment periods.
3. Binance Launchpool
Binance Launchpool allows you to earn new tokens simply by staking your existing Binance Coin (BNB) or other supported cryptocurrencies. Each Launchpool project has its own staking period, during which you can stake your tokens and receive rewards in the form of newly launched tokens.
4. Binance Learn and Earn
Binance Learn and Earn is an educational program that rewards you for learning about cryptocurrencies and blockchain technology. By watching videos, reading articles, and completing quizzes, you can earn small amounts of crypto. This initiative not only helps you expand your knowledge but also adds to your crypto wallet.
5. Write2Earn on Binance Square
If you enjoy creating content, Write2Earn on Binance Square is an excellent opportunity. By sharing insightful posts, tutorials, and market analyses, you can earn tips and rewards from the community. The more engaging and valuable your content, the higher your chances of earning substantial crypto rewards.
Here's How a Democratic Victory Could Affect the Cryptocurrency Market
Heading into the final stretch of the 2024 presidential campaign, the Republican Party appears to have the upper hand with pro-crypto voters. Former president Donald Trump has outlined a pro-Bitcoin (CRYPTO: BTC) agenda, even going so far as to proclaim that he wants America to become the "crypto capital of the planet."
In contrast, the Democrats don't appear to be offering much of anything. In fact, there's no mention of "crypto" or "digital assets" anywhere in the 91-page Democratic party platform. The Biden-Harris administration has largely been viewed as anti-crypto, and some of the names that are being floated as potential economic advisors in the Harris-Walz administration are also viewed as skeptical of the cryptocurrency movement. With that in mind, here's how a Democratic victory could impact the cryptocurrency market.
Bitcoin
A Democratic victory could put a cap on just how much higher Bitcoin might go during the current market cycle. Right now, the current consensus is that Bitcoin has the potential to double in price to anywhere from $100,000 to $150,000 by the end of 2025. But that robust forecast, based in part on the assumption of Trump defeating Biden, could change now that a Democratic victory is looking much more likely with Kamala Harris as the party's candidate.
It's not so much that the Harris administration is going to crack down on crypto, or that they are going to adopt anti-Bitcoin policies. It's that they are not planning to do anything new. Unless some new development forces the Harris administration's hand, that means no new comprehensive regulatory framework for crypto, no new tax policies to encourage crypto investing, and no new fiscal policies to stimulate Bitcoin mining.
This last point is worth particular attention, given that the Biden-Harris administration has generally tended to view Bitcoin mining as energy-inefficient and a drag on the nation's power grid. In September 2022, for example, the White House released a comprehensive report.
đâĄInside voluntary renewable energy certificate (REC) market
According to S&P Global's forecast the U.S. voluntary renewable energy certificates (RECs) will grow at a compound annual rate of 15.9% from 2024 to 2033, surpassing the expected 473.1 million compliance credits in 2024.
But what's driving this voluntary #REC momentum?
Reasons:
â Growth of #AI
â Corporate #sustainability goals
â Power demand for #datacenters
â Rising demand for #electrification and fast expansionof clean energy
As we witness the promising growth of voluntary RECs, it's essential to have tools that enhance market #transparency and #accessibility. Our REC trading marketplace,#TraceX, streamlines the process of buying and selling RECs, ensuring ease every step of the way. âĄ
Explore TraceX: