đ Get ready, blockchain enthusiasts! The European Blockchain Convention (EBC) is back for its 10th edition on Sept 25-26, 2024, in the sunny city of Barcelona! đ
Expect deep dives into tokenization, DeFi, NFTs, AI, and more. Plus, enjoy a sunset beach party, beach running, and wine tasting. đ·
Top speakers from Blockchain.com, Kraken, The Sandbox, and more will be there to share insights and shape the future of the industry.
Ready to celebrate and innovate? Drop your thoughts in the comments! #EBC10 #Blockchain #Web3
For more info, visit: www.eblockchainconvention.com
đ Exciting news for blockchain enthusiasts! The European Blockchain Convention (EBC) is back for its 10th edition in Barcelona on Sept 25-26, 2024. đ This year's event promises to be a game-changer, featuring top minds from Blockchain.com, Kraken, The Sandbox, and more. Dive into topics like DeFi, NFTs, AI, and privacy while enjoying unique experiences like a sunset beach party and wine tasting. With over 100 sessions, a startup battle, and endless networking opportunities, EBC10 is set to shape the future of Web3 and crypto. Don't miss out! #EBC10 #Blockchain #Web3
đ„đź Exciting news for $NOT
#BULLISH đ„đ„đ„
- Price: $0.00758
- 24h High: $0.00771
- 24h Low: $0.00709
- 24h Vol: 5.10B NOT
- 24h Vol(USDT): 37.94M
Trading Signal: BOLL(20, 2) suggests a bullish trend with an upward target of $0.00775.
#DODOEmpowersMemeIssuance #BinanceLaunchpoolHMSTR
{spot}(NOTUSDT)
1. DODO's Product Features:
- One-click token issuance: DODO's multi-chain one-click token issuance feature allows users to easily create and launch their own tokens, making it a game-changer in the crypto world.
- Self-initiated mining: With DODO's self-initiated mining feature, users can actively participate in the network and earn rewards by providing liquidity to various pools.
- Pegged Pool: DODO's Pegged Pool feature helps maintain stable prices for assets through dynamic pricing mechanisms, ensuring a seamless trading experience for users.
2. Explosive Potential in the Meme Sector:
With the Meme sector on the rise, DODO's upcoming Meme platform and multi-chain capabilities are set to revolutionize the industry. Get ready for a surge in traffic and exciting opportunities as DODO paves the way for meme coins to thrive on its platform.
3. Supporting the Development of BTCFi Assets and Meme Coins:
DODO's various features, including one-click token issuance, self-initiated mining, and Pegged Pool, provide robust support for the development of BTCFi assets and meme coins. The platform's flexibility and innovative solutions empower users to create, trade, and grow their digital assets effortlessly.
4. Greater Potential for Market Growth:
Compared to others, DODO's lower market cap and backing from top institutions signal a promising future for market growth. As more investors and users flock to DODO for its cutting-edge features and reliable ecosystem, the platform's potential for expansion and success knows no bounds.
So, what are you waiting for? Join the DODO revolution today and embark on a thrilling journey into the world of decentralized finance. Get ready to soar to new heights with $DODO .
đ„đ„đ„ #bitcoinâïž Has Lots of Reasons to RallyâHow High Do Analysts Think $BTC Will Go?
Bitcoin Surges Past $64,000: Key Drivers Behind the Rally
- Bitcoin has surged above $64,000, marking a 10% gain over the past week. Key factors include the Federal Reserveâs interest rate cuts, growing demand for Bitcoin ETFs, and bipartisan political support, all boosting optimism for future gains.
Fed Rate Cuts
- The Fedâs 50 basis point rate cut has weakened the U.S. dollar, making Bitcoin attractive as a hedge against inflation. With U.S. fiscal debt rising, Bitcoin's appeal as a store of value has grown, pushing its year-to-date gain to 45%, outpacing goldâs 27%.
Political Support
- Vice President #kamalaHarris âs support for digital assets and Donald Trumpâs pro-crypto stance signal potential bipartisan backing for clearer regulations, further fueling Bitcoinâs bullish momentum.
ETF Inflows and Miner Stability
- Bitcoin ETFs have seen inflows of $17 billion, with institutional players like Morgan Stanley driving demand. Post-halving, Bitcoinâs network hash rate has stabilized, reducing sell pressure, while large sell-offs from entities like Mt. #Gox have concluded without major market disruptions.
Institutional Demand
- MicroStrategyâs continued Bitcoin purchases, now holding 252,220 BTC, highlight rising institutional interest. Analysts predict a major breakout in Q4 2024, with Bitcoin eyeing its previous high of $68,330.
Future Catalysts
- The U.S. Presidential election and the anticipated return of $16 billion from FTX creditors could further fuel Bitcoinâs rise, with analysts expecting $5-8 billion to re-enter the crypto market.
In summary, macroeconomic conditions, political support, and institutional demand position Bitcoin for potential new all-time highs in the coming months.
Source - decrypt.co
#BinanceSquareBTC #CryptoMarkets
Binance Founder CZ Set to Be Released â Will Bitcoin Surge?
âą CZâs Upcoming Release & 'Uptober': Binanceâs founder, Changpeng Zhao (CZ), is leaving prison on Sept. 29 after a four-month sentence. The crypto community expects this to ignite a bullish "Uptober" rally, as Bitcoin historically surges during October-November.
âą Impact on Crypto Market: Bitcoin and stocks already reacted positively last week after a Fed interest rate hike. CZâs release might amplify this momentum, potentially driving Bitcoin and other cryptocurrencies higher.
âą Post-Prison Plans: CZ launched Giggle Academy to educate kids on finance and blockchain before his prison term and hinted at writing a book during his time in jail. Now, all eyes are on his next move!
#CZBÄ°NANCE
$STRK
{spot}(STRKUSDT)
is flexing its strength today, firmly holding the $0.30 mark. Once it ignites, the next stop could be an impressive $0.71, setting the stage for a powerful breakout. However, if momentum shifts, $0.25 will act as the safety net of support. All eyes are on $BTC to maintain its bullish wave, which could fuel $STRKâs next move. With 80% gains in the last rally, $STRK has already shown it knows how to performâwill it continue its winning streak? Stay tuned, as the action unfolds on Binance!
#DODOEmpowersMemeIssuance #BinanceLaunchpoolHMSTR #CATIonBinance
The Inspiring Journey of Binance â€ïž CZ
1ïžâŁ Humble Beginnings
Born in Jiangsu, China, CZâs family moved to Canada when he was just 12 years old. His father, a university professor, faced political exile during Chinaâs Cultural Revolution. This tough start taught CZ the value of resilience and adaptability.
2ïžâŁ From Flipping Burgers to Coding
In his teens, CZ worked at McDonaldâs to support his family while also studying computer science. This laid the foundation for his future, where he combined technical expertise with a strong work ethic.
3ïžâŁ Crypto Awakening
CZâs first encounter with crypto came in 2013, when a friend introduced him to Bitcoin. Fascinated, CZ sold his apartment to buy Bitcoin, making one of the boldest moves in his life. He believed in cryptoâs future and never looked back.
4ïžâŁ The Birth of Binance
In 2017, after gaining experience at companies like Blockchain.info and OKCoin, CZ launched Binance. Despite entering a crowded market, Binance quickly stood out with its user-friendly platform and low fees. Within just six months, Binance became the worldâs largest cryptocurrency exchange by trading volume.
5ïžâŁ Facing Challenges Head-On
CZâs journey wasnât without challenges. Binance faced regulatory hurdles, a $40 million hack in 2019, and constant scrutiny. But each time, CZ responded with transparency, swift action, and a focus on securityâearning the trust of millions.
6ïžâŁ Expanding Binanceâs Ecosystem
Under CZâs leadership, Binance evolved into more than just an exchange. It now boasts a full ecosystem: Binance Smart Chain (BSC), Binance Academy, Binance Labs, and more. CZâs vision is to make crypto accessible and useful to everyone worldwide.
CZ isn't just building a companyâhe's shaping the future of finance.
#CZBÄ°NANCE #BinanceLaunchpoolHMSTR #CATIonBinance #TerraformLabsBankruptcy #moonbix
đđ $BTC prices have rebounded, and along with this, stablecoin minting has accelerated, signaling a healthy flow of fiat into the crypto market.
While the 7-day minting ratio remains somewhat volatile, there is a clear contrast between the weaker inflows seen in early summer and the stronger inflows now.
This uptick is a positive sign for the crypto space, suggesting that Bitcoin prices could continue to climb, provided the stablecoin onramp remains strong.
{future}(BTCUSDT)
Open Interest (OI) Growth â Watch These Tokens â High Potential For Correction!
When analyzing more than 500 tokens, Iâve spotted massive OI growth in a few tokens.
Typically, this signals leveraged positions building up. That can mean only one thing: Risk (and likely an incoming drop â more explanation at the end of the post).
Let's have a look at the tokens first. Here are the top tokens with a massive OI spike:
1 â Ark (ARK) +391%
2 â Ontology Gas (ONG) +242%
3 â First Neiro on Ethereum (NEIRO) +172%
4 â Loom Netowrk (LOOM) +159
Letâs break it further down and include the latest price movements:
âą ONG and ARK have already seen a drop after the OI surge. This might have been the blow-off top. However, we might see further correction since the rate is still high!
âą LOOM had a more minor pullback. No big sell-off yet. Therefore, it is likely that another correction is incoming.
âą NEIRO is still pumping hard. But OI this high canât stay forever. Get prepared.
--
What Is OI and Why It Can Be Dangerous?
Open Interest (OI) represents the total number of outstanding contracts in the futures market. When OI grows rapidly, leveraged positions build up fast, leading to higher volatility. If the price moves against these leveraged positions, liquidations are triggered, creating sharp sell-offs or buying frenzies.
Technical analysis of Top 3 gainers on Binance
1. $NEIRO
{spot}(NEIROUSDT)
- Price : 0.00123632 USDT
- 24h Change*: +54.35%
NEIRO has seen a massive 54.35% surge, marking it as the top gainer. This could be due to recent news, listings, or a community push driving demand. A significant price movement like this suggests strong market interest, possibly linked to positive developments in the project's ecosystem or speculation.
2. $ARKM
{spot}(ARKMUSDT)
- Price: 1.448 USDT
- 24h Change: +27.13%
ARKM continues its upward trajectory, gaining 27.13% in the past 24 hours. As a well-known token in the crypto space, this price increase may stem from an announcement, partnership, or general market sentiment favoring its technology. A double-digit gain for a token with its market cap suggests sustained investor confidence.
3. $IQ (Everipedia)
{spot}(IQUSDT)
- Price**: 0.006820 USDT
- 24h Change**: +23.80%
IQ has gained 23.80% over the past 24 hours, placing it as the third-largest gainer. Known for its decentralized knowledge platform, IQ's recent performance indicates growing interest, potentially tied to updates in its ecosystem or a renewed interest in decentralized knowledge-sharing solutions.
Summary:
Each of these top gainers has posted substantial double-digit gains, driven by a mix of market factors such as project developments, market sentiment, or trading volumes. It's essential to monitor the news around these projects for potential reasons behind the price spikes and whether this momentum will continue
#DODOEmpowersMemeIssuance #BinanceLaunchpoolHMSTR #CATIonBinance #NeiroOnTron #NeiroOnBinance
ZRO Battles Resistance Levels with Bearish Sentiment on the Rise
Over the past few hours, $ZRO on the 1-hour chart has seen a mix of price actions. Based on recent data, this analysis will delve into the technical trends that traders should keep in mind.
Closing prices have gradually declined from $4.205 down to $4.124. However, the 9 Exponential Moving Average (EMA) has been relatively stable, ranging between $4.23 and $4.18, indicating a somewhat sideways trend. On the other hand, the 20 EMA, just above the 9 EMA, shows a slightly stronger bearish indication.
Resistance levels are set at $4.147, $4.153, and $4.278. Given the current movement, there may be potential difficulties in breaking through these levels. Support levels are at $4.112, $4.061, and $4.031. A breach below these could suggest more bearish movements ahead.
The Moving Average Convergence Divergence (MACD) levels have steadily decreased, suggesting increased selling momentum over the past few hours. The MACD distress signals get stronger with each reporting interval, with the histogram following a similar pattern. This is further evidence pointing towards a possible downtrend for #ZRO .
Meanwhile, the Relative Strength Index (RSI) oscillates between 47.25 and 40.65. Although not yet reaching oversold levels, the RSI's gradual decline hints at a bearish sentiment among traders. #LayerZero The full analysis and trade strategy were posted on www.ecoinimist.com.
{spot}(ZROUSDT)
NEAR Crypto Faces Key Resistance as Bullish RSI Holds Firm
The $NEAR crypto has been seeing a volatile trend in the cryptocurrency market. Analyzing data on the 1-hour chart gives a clearer perspective of the underlying market dynamics.
Closing prices for #NEAR crypto have shown marginal volatility and slight bearishness by settling down from $4.924 to $4.872 over the observed period. Yet, an unexpected surge was noticed later, offering a fresh perspective on potential market direction.
The 9 Exponential Moving Average (EMA) has been struggling to surpass the closing price lines, escalating from $4.779 to $4.828. Simultaneously, the 20 EMA also demonstrated an increasing pattern from $4.675 to $4.736.
Meanwhile, the MACD (Moving Average Convergence Divergence) remained consistently positive. Despite a small dip from 0.0996 to 0.0990, the signal line didn't showcase any drastic fluctuation, indicating a relatively static bearish sentiment.
The Relative Strength Index (RSI), a momentum oscillator, remained above the 60 mark throughout, hitting a high of 70.20 but then slightly retreating to 64.46. This suggests that the NEAR crypto is currently in a bullish phase.
Support levels are identified at $4.443, $4.421, and $4.31, providing potential cushions for the NEAR crypto in case of a downward trend. Despite the bearish indicators, these support levels are significantly lower than the current trading range, hinting at significant room for downward movement before encountering support. The full analysis and trade strategy were posted on www.ecoinimist.com.
{spot}(NEARUSDT)
$NEIRO huge gain...
GOOD NEWS FOR SELLARS...
With a stunning 454.38% increase in the last day, $NEIRO /USDT has attracted traders' attention. It is currently trading at $0.00124199. The price is getting near to its resistance level of $0.00123000, which is a crucial barrier for traders hoping to profit from possible breakouts, thanks to this abrupt bullish rise. The strength of this rising advance was indicated by the low of the last day, which was $0.00079712. Along with the trading volume, $NEIRO's market share is increasing significantly. The $0.00123000 level is currently being watched by traders as a possible breakout area. If it succeeds in going above this barrier, higher goals might be the next topic of focus. But a rejection at this level may cause a retreat, thus it's imperative for
#NeiroOnBinance
#DODOEmpowersMemeIssuance
#BinanceLaunchpoolHMSTR
#CPI_BTC_Watch
#DOG
{future}(NEIROUSDT)
Here's today's analysis update for EGLD/USDT:
The current trend for EGLD/USDT is slightly bullish, with a potential bounce from the current price due to liquidity taken and a double bottom pattern. After hitting the oversold zone, EGLD seems to be generating a trend change in the 20-period weighted average, which could take it to the $40 zone.
Key Levels to Watch:
- Support: $38, then $23
- Resistance: $50 (previous support), then $78 and $100
Technical Analysis:
The Relative Strength Index (RSI) and other technical indicators suggest growth, with a possibility of a growth reaction from the 50% level. Momentum is mixed, as the MACD Line is above the MACD Signal Line (Bullish) but RSI is around 50 (Neutral).
Trade Ideas:
Consider long-term buy trades, targeting $50 and above. Short-term investors can consider sell trades, targeting $38 and below.
Keep in mind that cryptocurrency markets are highly volatile. Always conduct thorough research and consider multiple sources before investing.
$EGLD
{future}(EGLDUSDT)