{future}(BONDUSDT)
Crypto All-Stars Raises Over $770K in Presale â Limited Time to Get 1,882% APY
Crypto All-Stars ($STARS) is a new cryptocurrency project that enables the staking of popular meme coins through its MemeVault platform.
Crypto All-Stars ($STARS)Â continues to hit big, having already raised over $770,000 in capital through fundraising efforts.
This new meme coin introduces the industryâs first unified staking protocol, MemeVault, which allows top meme coins to be pooled together to earn rewards in $STARS.
With the upcoming launch of MemeVault, the $STARS token will also be crucial for multiplying the staking rewards that top meme coins can earn. This explains the $STARS buying frenzy that has been underway since the Crypto All-Stars presale kicked off just over two weeks ago.
As a result, $STARS has rocketed through five price levels, consistently smashing funding goals in record time.
Right now, $STARS is priced at $0.0014078, but itâs set to rise to $0.0014191 in less than 48 hours.
Meme coins are down 3.8% in the past 24 hours, but many have posted strong gains over the past week
Meme coins have had a solid week, with most tokens gaining bullish momentum despite the broader sector dropping by 3.6% on Monday.
Top coins such as Dogecoin ($DOGE), Shiba Inu ($SHIB), Brett ($BRETT), and Mog Coin ($MOG) have risen by 8.8%, 13.9%, 20.0%, and 14.8%, respectively.
PepeCoin ($PEPECOIN) and Floki ($FLOKI) were two of the biggest gainers among the top coins during the same period, with gains of 28.7% and 35.7%.
These gains mark one of the best few days the sector has seen since its peak in May. For instance, $PEPECOIN almost had an eight-day winning streak without the 1.46% dip on Saturday. Currently trading at $3.27, itâs now just eighty cents away from hitting $4, a level it hasnât reached since June 12.
As the meme coin market slowly regains its momentum, hodling $PEPECOIN and other top meme coins could be a smart move. But why stop there? Staking them while you hold could potentially multiply your returns up to 100x.
Ethereum â Still Lacking Power!
Although Ethereum showed some strength during the latest market pump, the token didn't clear essential levels.
On the contrary, ETH was rejected at the significant 2.8k resistance and the 4H EMA200.
Currently, ETH is struggling to stay above its sideways channel trendline. A close below this trendline on the daily chart would put us back where we came from.
Moreover, the 2.5k level would return to the play in this case.
Volume continues to be relatively low â especially in the context of a significant breakout.
Therefore, the story remains the same: As long as ETH trades below 2.8k, long trade entries don't make sense.
$ETH
THIS CRYPTO scenario underscores the vulnerability of Bitcoin and other cryptocurrencies during times of geopolitical instability. While Bitcoin is often touted as a safe haven or a hedge against traditional financial markets, the sharp drop in its value following the air attack on Israel illustrates that, in reality, investors may view it differently when faced with immediate threats. The rapid sell-off suggests that in times of extreme uncertainty, investors may prioritize more established stores of value like gold over cryptocurrencies.
The situation also highlights the dangers of leveraged trading in volatile markets. When prices began to fall, traders with highly leveraged positions were forced to sell, accelerating the downturn and causing further price drops. Although the crypto markets rebounded somewhat after reports of Israel successfully defending against the attack, the overall situation shows that Bitcoin's role as a "digital gold" may still be more theoretical than practical in of crisis,
This event might lead some to reconsider the narrative that Bitcoin will thrive in times of global instability and could instead reinforce the perception that traditional assets like gold are more reliable during such times.$BTC
In the second half of 2024, as the Federal Reserve begins to cut interest rates, these five cryptocurrencies could see explosive growth, potentially soaring 100 times:
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BNB
Binance Coin (BNB) is a token with a capped supply that is closely tied to the Binance ecosystem. It offers fee discounts and other benefits to traders on Binance and serves as the primary token for the Binance Smart Chain (BSC), now known as Build 'N' Build Chain. BNB has been a leader among top cryptocurrencies, recently showing strong performance while other major assets like Bitcoin and Ethereum corrected.
ADA
Cardano (ADA) is poised for growth as the highly anticipated Chang upgrade nears completion. This upgrade will enhance the network's governance capabilities, potentially increasing ADA's value by offering more functionality and decentralized metadata advantages.
BONK
BONK, one of the latest meme coins in the Solana ecosystem, has been gaining attention for its integration into Web3 applications and protocols. BONK's mission is to expand its reach across multiple chains, DeFi, and gaming platforms. investment.
RENDER
Render (RNDR) is gaining traction, especially after Coinbase launched permanent futures contracts for it. This development, along with support for native Cinema 4D (C4D) files, is boosting investor confidence. Renderâs platform is essential for 3D artists, allowing them to efficiently check project files before submitting them for distributed rendering
Sei Network is designed specifically for trading, with a focus on improving the performance of decentralized exchanges (DEXs). Sei's Layer 1 architecture is built to enhance reliability, scalability, and speed, offering a competitive edge over traditional systems.
#TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021
$ETH Russian Stock Exchange Denies Reports it Is About to Launch State-run Crypto Exchange
Crypto ExchangeRussia
Saint Petersburg Currency Exchange says it does not have any plans to provide âservices related to cryptocurrencies.â
A major Russian stock exchange has denied reports that it is on the verge of launching a state-run crypto trading platform.
Earlier this week, unnamed insiders reportedly told major Russian news outlets that the Saint Petersburg and Moscow exchanges were ready to roll out crypto exchange services.
But in a statement on its website, the Saint Petersburg Currency Exchange (SPVB) stated that it does not have any plans to provide âany services related to cryptocurrencies.â
Russian Stock Exchange: We Have No Crypto Plans
The SPVB said it was responding to âreports in a number of media outlets.â And it refuted claims that it has any âplansâ in place regarding crypto.
The reports that appeared in a number of media outlets that the St. Petersburg Currency Exchange plans to become one of the platforms for trading crypto assets are not true. Our approved development strategy is focused on developing our own products and services in the money and stock markets. They do not involve the provision of any services related to cryptocurrencies.â
Saint Petersburg Currency Exchange
However, it appears that there is no smoke without fire. Senior Moscow politicians have been talking up the idea of launching a state-run crypto exchange for the past few weeks.
This follows the approval of laws that will, from September 1, legalize industrial crypto mining and green-light the use of crypto as a payment tool in international trade.
The SPBV is also seeking a new head of anti-money laundering operations with crypto skills. The exchange posted a vacancy on the Headhunter (HH) recruiting site.
The posting reads that the new hire will be responsible for âdeveloping AML/CFT rules for âtransactions with digital financial assets and cryptocurrencies.â
đ The #stablecoin market has reached a new all-time high in terms of market capitalization.
This increase in market cap is driven by various factors, including heightened interest in decentralized finance applications, the use of stablecoins for trading and payments, and their role as a hedge against the volatility of other #cryptocurrencies
Stablecoins, which are digital assets pegged to traditional currencies like the US dollar, offer a stable store of value that can be easily transferred across different platforms and countries. The rise in their market cap indicates a broadening acceptance of stablecoins as a reliable medium of exchange and a tool for managing risk in volatile markets.
#Stablecoins #StablecoinMarketCap #TrendingTopic
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$BTC Senior South Korean Police Officer âTook Bribes During Crypto Investigationâ
PoliceSouth Korea
Supect worked in Seoulâs Gangnam District, the South Korean crypto heartland.
South Korean prosecutors are investigating a senior police officer in the capital Seoul over allegations the official âtook bribesâ during a crypto investigation.
Per News1, the officer â an unnamed superintendent â works in the crypto heartland of Seoulâs Gangnam District. The district is one of the richest parts of the nation.
Gangnam is home to most of South Koreaâs leading crypto exchanges. Many of the biggest fintech and IT firms are also based in the district.
Korean Police Officer âTook Bribes from Crypto Suspectâ
The media outlet reported that prosecution officials have begun a âcompulsory investigationâ into âa serving police officerâ suspected of âreceiving a bribe from a person related to an active case.â
Prosecution officials said the Seoul Southern District Prosecutorsâ Office-run Virtual Asset Joint Investigation Team âraided the Gangnam Police Station in Seoul where the superintendent workedâ on August 23.
Prosecutors âseized and securedâ related data as part of their probe. Officials think the superintendent âreceived moneyâ from a suspect âwhile investigating a cryptocurrency case.â
A spokesperson confirmed that after prosecutors had completed their search, the police ârelievedâ the superintendentâ of their âposition.â
These are disappointing allegations. If this is true, it undermines public confidence in the police force. We rely on the police to protect us from crime and corruption.â
Special Dispensationâ Granted
The Virtual Asset Joint Investigation Team is South Koreaâs leading police crypto investigation unit.
It handles several important crypto cases, including the probe into Do Kwon and the collapse of the Terra ecosystem.
However, the team was given special dispensation to deal with the superintendentâs case.
{future}(BTCUSDT)
How many blockchain ecosystems are you actively involved in? (e.g. Polkadot, Ethereum, Solana, Tron, Cosmos, Cardano, Avalanche, Near, Ton, etc.)
Reasons why #Bitcoin may see $60K before $70K
Bitcoinâs (BTC) price reclaimed a position above $62,000 for the first time since Aug. 1, after Federal Reserve chairman Jerome Powell delivered a dovish speech about potential rate cuts in September.Â
After a 6% uptick on Aug. 23, BTC went on to re-test $65,000 twice but failed to illustrate a position of bullish strength on the 1-hour and 4-hour chart.Â
While a sideways consolidation after a bullish breakout is considered positive, other signs indicate that Bitcoin may entertain another correction down to the $62,000-$60,000 range.
Telegram Deems Misuse Allegations âAbsurdâ Following CEOâs Paris Arrest
TelegramTON
Telegram stated that it complies with EU laws and dismissed claims that Durov or the platform is responsible for user abuse, calling such accusations "absurd."
âTelegram abides by EU laws, including the Digital Services Act â its moderation is within industry standards and constantly improving,â the app said Monday on X. It added that Durov, who frequently travels across Europe, has ânothing to hide.â
âIt is absurd to claim that a platform or its owner are responsible for abuse of that platform,â the Dubai-based platform said.
Local media reported that authorities arrested Durov at Bourget airport near Paris on Saturday. French authorities reportedly detained the CEO upon his arrival from Azerbaijan on his private jet. He is originally from Russia, but holds dual citizenship with France and the United Arab Emirates.
The arrest is tied to an investigation into whether Telegramâs content moderation has enabled crimes like terrorism and trafficking. Durov has not been formally charged yet, but the investigation is centered on Telegramâs moderation practices.
Telegram-linked Toncoin has plunged 17% following the arrest. The token was down 1.1% on Monday.
French Authorities Extend Pavel Durovâs Detention
French judicial authorities on Sunday extended Durovâs detention, signaling a serious approach to the allegations against him. This extension, which could last up to 96 hours, indicates a detailed investigation into the claims.
The Russian Embassy in Paris requested an explanation from the French authorities regarding the reasons for the detention. Further, they insisted on protecting Durovâs rights and granting consular access.
Discussions about the balance between free speech, privacy, and content moderation have erupted following his arrest. While some critics contend that Durovâs arrest over platform content establishes a perilous precedent for internet freedom, others assert it underscores the necessity for more stringent regulations.
$JUP
{spot}(JUPUSDT)
{future}(JUPUSDT)
The #JUP/USDT pair is currently trading at 0.9158, showing an upward momentum after a recent consolidation phase. The price is comfortably above the 200-period Simple Moving Average (SMA) at 0.8253, which now acts as a dynamic support, suggesting a bullish sentiment in the short term. The Volume-Weighted Average Price (VWAP) is at 0.9036, indicating that the price is trading slightly above its average level, reinforcing the current bullish bias.
Indicators:
RSI (Relative Strength Index): The RSI is currently at 59.12, which is in the neutral-to-bullish zone, suggesting a balance between buying and selling pressures with a slight edge towards buyers. This indicates a potential for continued upward movement if the bullish sentiment strengthens.
MACD (Moving Average Convergence Divergence): The MACD shows a bullish crossover with the MACD line above the signal line and a positive histogram, indicating bullish momentum. The histogram bars are growing, suggesting increasing buying pressure.
Bullish Scenario:
If the price continues to sustain above the VWAP level at 0.9036 and the 200-period SMA at 0.8253, it could signal a further bullish continuation towards the next resistance zone around 0.9500. A sustained breakout above this level, particularly with increased volume, could push the price towards 1.0000 or higher, confirming a strong bullish trend.
Bearish Scenario:
On the downside, if the price fails to hold above the immediate support at the VWAP level and drops below the 200-period SMA, it could revisit the lower support zone around 0.8500. A break below this level could indicate a bearish reversal, targeting further downside towards 0.8000 or lower.
#DOGSONBINANCE #BNBChainMemecoins #6thTrade #BecomeCreator
đąđ Trading Signal for PDA/USDT on Binance
[Please Visit My profile and Vote đłïž To w](https://app.binance.com/uni-qr/cpro/drsyfii?l=en&r=473836227&uc=app_square_share_link&us=copylink)in
Comment âdoneâ so I can thank you personally
âSymbol:PDA/USDT
âTime Frame:12h
âCurrent Price: $0.0577
âSupport Area: $0.0450 - $0.0500
đ§Resistance Levels:
âFirst Target: $0.0702
âSecond Target: $0.0864
âFinal Target: $0.1050
âĄïžđ Analysis:
âĄïžThe price has recently broken out of a Down Channel, signaling a potential trend reversal from the previous downtrend. The Support Area held strong, and now the price is showing upward momentum, confirmed by the breakout. The âĄïžRelative Strength Index (RSI) is above 60, indicating bullish momentum, but not yet overbought, suggesting room for further upside.
đ Key Levels to Watch:
âBuy Zone:Around the current price of $0.0577, with a stop-loss just below $0.0500 to protect against any false breakouts.
âTargets:First target at $0.0702, with potential extensions to $0.0864 and $0.1050 if the upward momentum continues.
â ïž Risk Management:
âStop-Loss: $0.0450 (Below the support area)
âRisk-Reward Ratio:1:3 (Based on the first target level)
đ§ Strategy:
Consider entering a long position now or on any pullbacks to the Support Area. Adjust position size according to your risk tolerance, and trail the stop-loss as the price approaches the resistance levels.
$PDA
{spot}(PDAUSDT)
#TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021
Shiba Inu Memecoin Prepares to Roll Out DAO
DAOShiba inu
Shiba Inu is gearing up to launch its DAO, empowering all holders to influence the community's future direction.
The team behind Shiba Inu (SHIB), a Dogecoin-inspired meme coin, is preparing to launch a decentralized autonomous organization (DAO).
On Aug. 25, Lucie, Shiba Inuâs anonymous marketing lead, announced via X that this move will allow SHIB holders to vote on upcoming initiatives and shape the projectâs future direction.
âShib is preparing to become a key player in decentralized governance with the upcoming launch of its DAO,â Lucie wrote. âThis transition will empower every holder, regardless of the size of their stake, to have a say in the communityâs direction.â
Further, two main councils will steer the DAOâs governance: the âCharity Councilâ and the âCulture & Heritage Council.â
Lucie mentioned that these councils will guide community projects. Their focus will range from participating in charitable activities to preserving the culture tied to the tokenâs community.
Shiba Inuâs Upcoming DAO to Grant Community More Control
âWhile the DAO hasnât been fully implemented yet, its introduction will mark a major milestone, giving Shibizens more control over decisions that impact the ecosystem,â Lucie added.
In contrast to conventional organizations, DAOs disperse authority among their members. In turn, this enables collective decision-making. Further, DAOs operate through smart contracts on the blockchain, which automatically enforce set rules. This minimizes the requirement for central management or supervision.
With a DAO launch, Shiba Inu aims to give its extensive community direct influence over the projectâs direction. This approach aligns with the core principle of many cryptocurrencies, which emphasize community participation.
Meme coins typically face challenges in offering utility beyond speculative trading. With a DAO, SHIB holders might gain practical benefits such as voting rights on project proposals, potentially impacting the coinâs.
#BNBChainMemecoins TRON Founder Justin Sun Proposes âFreePavel DAOâ, Pledges $1M Funding
Justin SunPavel DurovTelegram
Justin Sun has pledged to contribute $1 million if community backs.
Telegram founder Pavel Durovâs recent arrest in France, has led to industry-wide attention and support from prominent voices including Tron founder Justin Sun.
Sun has proposed a novel and decentralized way to offer support, with a proposal to a âFreePavel DAOâ initiative. Justin Sun has called the communityâs support in the creation of a decentralized autonomous organization (DAO) for Durovâs legal defense.
âWe should show the cryptocurrency industryâs unity by organizing a FreePavel DAO to help Telegram founder Pavel Durov legally gain freedom.â
Sunâs idea marries the principles of blockchain with crowdfunding for legal defenses, involving setting up a decentralized fund.
Telegram CEO Pavel Durov was detained by French authorities on Saturday. While early reports hinted at issues related to Telegramâs content moderation practices, lack of official charges has led to wide-spread speculations.
Justin Sun also tagged Elon Musk and Mario Nawfal, in a move to get them involved in the initiative.
Meanwhile, Telegram backed their CEO, calling for a quick resolution. The messaging app posted on X, stressing that it abides by EU laws, including the Digital Services Act. Further, it noted that CEO Durov frequently travels in Europe and has ânothing to hide.â
âIt is absurd to claim that a platform or its owner are responsible for abuse of that platform. Weâre awaiting a prompt resolution of this situation.â
Justin Sun Pledges $1 Million in Donation
The Tron Founder has further pledged to contribute $1 million, if only the community backs the idea of âFreePavel DAO.â Justin Sun emphasized that it should be done in a âdecentralized way.â
âIâll donate $1 million if itâs created in a decentralized way with enough community support.â
Justin Sunâs FreePavel DAO initiative underscores the importance of industry solidarity.
BRC20 Inscription Analysis
SATS
SATS has made a significant move on the weekly chart, forming a strong positive line that has broken through the weekly MA30. This breakout suggests that what was once a resistance level has now turned into a support level, with the support price around 3500. On the daily chart, SATS is showing a small negative candle with upper and lower shadows, indicating a strong horizontal consolidation. However, the daily MACD is hinting that the upward momentum might be weakening. A corrective decline followed by a rise could lead to a healthier trend. The support level for a potential pullback is expected to be around 3500.
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ORDI
The daily chart of ORDI suggests that its downward adjustment may continue. The daily MACD is showing signs of weakening upward momentum, and the MA30 on the daily chart remains in a downward trend, indicating that it might take some time before it stabilizes. This retracement is a normal occurrence. When the price falls back to the 30.9-33.5 range, it might be an opportunity to consider buying in batches.
RATS
The daily chart of RATS is showing a small negative candle, with the price currently under the pressure of a downward trend line, signaling a need for adjustment. If the price corrects to the 9500-10500 range, it could be a good opportunity to consider buying in batches. The major resistance level is around 14500.
#BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
$SUSHI
{spot}(SUSHIUSDT)
{future}(SUSHIUSDT)
The #SUSHI/USDT pair is currently trading at 0.628, showing signs of a recent pullback after an upward trend. The price is struggling to hold above the 200-period Simple Moving Average (SMA) at 0.617, which acts as a dynamic support, suggesting that the overall market sentiment might still be cautious. The Volume-Weighted Average Price (VWAP) is at 0.652, indicating that the price is trading below its average level, highlighting a slight bearish sentiment in the short term.
Indicators:
RSI (Relative Strength Index): The RSI is currently at 26.59, which is in the oversold territory, suggesting that the selling pressure has been intense. This could indicate a potential reversal or consolidation as the market might be exhausted from the recent selling.
MACD (Moving Average Convergence Divergence): The MACD is showing a bearish crossover with the MACD line slightly below the signal line and a negative histogram, reinforcing the bearish momentum. However, the histogram is flattening, indicating a potential slowdown in the downward momentum.
Bullish Scenario:
If the price manages to recover and sustain above the 200-period SMA at 0.617 and break through the VWAP level at 0.652, it could signal a potential bullish reversal towards the next resistance zone around 0.680. A sustained breakout above this level, particularly with increased volume, could push the price towards 0.700 or higher, confirming a shift in market sentiment.
Bearish Scenario:
On the downside, if the price fails to hold above the 200-period SMA and continues to decline, it could revisit the lower support zone around 0.600. A break below this level could confirm a continuation of the bearish trend, targeting further downside towards 0.550 or lower.
Disclaimer:
This analysis is for informational purposes only and does not constitute investment advice. Trading decisions are solely your responsibility. Always conduct your own research
#DOGSONBINANCE #6thTrade #BNBChainMemecoins #BecomeCreator
$BNB Florida Woman Sues Google Over Play Store Crypto Scam
In another incident, Florida resident Maria Vaca has filed a lawsuit against Google, alleging that the tech giantâs negligence led to her losing over $5 million.
The lawsuit argued that she was deceived by a crypto investment app called Yobit Pro, which she downloaded from the Google Play Store.
In April, Google sued two developers for creating 87 fraudulent apps that scammed over 100,000 users, including 8,700 U.S. residents.
Although Yobit Pro was not mentioned in Googleâs lawsuit, the tactics described mirror Vacaâs experience.
These include fraudulent apps luring users with promises of high returns, only to demand additional payments under the guise of taxes or fees, with no intention of allowing users to withdraw their funds.
Meanwhile, Google has launched a feature allowing users to search balances of wallets on Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom blockchain.
{future}(XRPUSDT)