TodayMarketAlert
32,540 visningar
15 Inlägg
Rekommenderas
Senaste
Why Is the Crypto Market Down Today? 🚨
The total crypto market cap (TOTAL) declined to $2.25 trillion over the past day, with Bitcoin’s (BTC) price dropping to $64,200. Book Of Meme Coin (BOME), which has been in the limelight for days, took the biggest hit, falling by 12% in 24 hours.
The total crypto market cap fell by more than $60 billion in the last 24 hours as the Federal Open Market Committee (FOMC) exhibited a rather hawkish tone toward potential September rate cuts. While yesterday’s meeting resulted in no change in interest rates from 5.25% to 5.50%, there was no certainty about what the next meeting would bring.
“It’s all about the FOMC and Jerome Powell’s decision to keep interest rates steady. There has definitely been a noticeable letdown from the crowd, who were hoping this would be the first time we would see rate cuts since March 2020,” Brian Quinlivan, Lead Analyst at Santiment, told BeInCrypto.
As a result, TOTAL dropped below $2.25 trillion, losing the support of $2.30 trillion for the first time in two weeks. The total crypto market cap is now close to hitting the support of $2.20 trillion
Expectations of recovery are ripe, but for the same, the $2.30 trillion level would need to be flipped into support again. This could push the total back up towards $2.40 trillion.
#DownTrendStarting #TodayMarketAlert #BinanceTurns7 #BinanceTournament #Write2Earn!
The total crypto market cap fell by more than $60 billion in the last 24 hours as the Federal Open Market Committee (FOMC) exhibited a rather hawkish tone toward potential September rate cuts. While yesterday’s meeting resulted in no change in interest rates from 5.25% to 5.50%, there was no certainty about what the next meeting would bring.
“It’s all about the FOMC and Jerome Powell’s decision to keep interest rates steady. There has definitely been a noticeable letdown from the crowd, who were hoping this would be the first time we would see rate cuts since March 2020,” Brian Quinlivan, Lead Analyst at Santiment, told BeInCrypto.
As a result, TOTAL dropped below $2.25 trillion, losing the support of $2.30 trillion for the first time in two weeks. The total crypto market cap is now close to hitting the support of $2.20 trillion
Expectations of recovery are ripe, but for the same, the $2.30 trillion level would need to be flipped into support again. This could push the total back up towards $2.40 trillion.
#DownTrendStarting #TodayMarketAlert #BinanceTurns7 #BinanceTournament #Write2Earn!
Today's Cryptocurrency Market: A Volatile Landscape
The cryptocurrency market has been on a rollercoaster ride in recent days, with prices soaring to new heights before plummeting back down. Bitcoin, the largest cryptocurrency by market capitalization, reached an all-time high of $73,000 last week, only to fall below $65,000 just days later.
Ethereum, the second-largest cryptocurrency, has also seen its price fluctuate wildly, dropping from a high of $3,800 to below $3,400 in a matter of days. Meanwhile, smaller altcoins like Solana and AI-related tokens have also experienced significant losses.
It's important to note that cryptocurrency markets are notoriously volatile and prone to sudden price swings. As such, investors should always exercise caution and do their own research before making any investment decisions. In the coming days, all eyes will be on the upcoming FOMC meeting, as investors await the conclusion and any potential impact it may have on the market. For now, it seems that sellers are in control, and prices may continue to slide in the short term.
In the coming days, all eyes will be on the upcoming FOMC meeting, as investors await the conclusion and any potential impact it may have on the market. For now, it seems that sellers are in control, and prices may continue to slide in the short term.
In summary, today's cryptocurrency market is characterized by high volatility and uncertainty. While the recent bull rally was exciting for investors, it seems that the market is now experiencing a correction. As always, investors should proceed with caution and be prepared for potential ups and downs in the coming days and weeks.
#Cryptocurrency #TodayMarketAlert $BTC $ETH $SOL
The cryptocurrency market has been on a rollercoaster ride in recent days, with prices soaring to new heights before plummeting back down. Bitcoin, the largest cryptocurrency by market capitalization, reached an all-time high of $73,000 last week, only to fall below $65,000 just days later.
Ethereum, the second-largest cryptocurrency, has also seen its price fluctuate wildly, dropping from a high of $3,800 to below $3,400 in a matter of days. Meanwhile, smaller altcoins like Solana and AI-related tokens have also experienced significant losses.
It's important to note that cryptocurrency markets are notoriously volatile and prone to sudden price swings. As such, investors should always exercise caution and do their own research before making any investment decisions. In the coming days, all eyes will be on the upcoming FOMC meeting, as investors await the conclusion and any potential impact it may have on the market. For now, it seems that sellers are in control, and prices may continue to slide in the short term.
In the coming days, all eyes will be on the upcoming FOMC meeting, as investors await the conclusion and any potential impact it may have on the market. For now, it seems that sellers are in control, and prices may continue to slide in the short term.
In summary, today's cryptocurrency market is characterized by high volatility and uncertainty. While the recent bull rally was exciting for investors, it seems that the market is now experiencing a correction. As always, investors should proceed with caution and be prepared for potential ups and downs in the coming days and weeks.
#Cryptocurrency #TodayMarketAlert $BTC $ETH $SOL
After going down $IO is now again in the mode, the fly high, and turning your wealth in the boost state🤑
#io.net #TodayMarketAlert
.
.
#Write2Earn
#io.net #TodayMarketAlert
.
.
#Write2Earn
$IO
$IO give chance to their fans😍I think as the 2nd round to earn today from $IO it will give good profit.
.
.
#ionet #TodayMarketAlert #TodayHotTrends #bestcointohold #Write2Earn
$IO give chance to their fans😍I think as the 2nd round to earn today from $IO it will give good profit.
.
.
#ionet #TodayMarketAlert #TodayHotTrends #bestcointohold #Write2Earn
Dot dumping so hard... #IntroToCopytrading #TradingShot #TodayMarketAlert #Marketupdate #FutureTarding
It was last top in bitcoin before dump. #BTC☀ #Bitcoin❗ #Marketupdate #TodayMarketAlert #FutureTarding
#Megadrop
"Exciting Update from Binance!
Get ready for the 2nd Binance Megadrop, featuring Lista (LISTA)! This massive event is packed with rewards and opportunities. Starting May 30th, participate through BNB Locked Products or Web3 Quests to earn a share of 100,000,000 LISTA tokens!
Join the conversation and share your strategy for maximizing your rewards and grabbing those LISTA tokens! Are you ready to explore the world of liquid staking and stablecoins? Let's dive in and make the most of this amazing opportunity!
$BNB #ListaMegadrop #TodayMarketAlert #Megadrop
"Exciting Update from Binance!
Get ready for the 2nd Binance Megadrop, featuring Lista (LISTA)! This massive event is packed with rewards and opportunities. Starting May 30th, participate through BNB Locked Products or Web3 Quests to earn a share of 100,000,000 LISTA tokens!
Join the conversation and share your strategy for maximizing your rewards and grabbing those LISTA tokens! Are you ready to explore the world of liquid staking and stablecoins? Let's dive in and make the most of this amazing opportunity!
$BNB #ListaMegadrop #TodayMarketAlert #Megadrop
South Korea Enacts First Crypto Investor Protection Law, Bolstering Existing Rules 🚨🚨📢
South Korea's First Crypto Investor Protection Law
South Korea has enacted its first crypto investor protection law, the Virtual Asset User Protection Act, which came into force on July 19, 2024 ¹. The law aims to protect crypto investors and prevent unfair trading practices ¹. Here are some key points about the law:
- Definition of Digital Assets: The law defines digital assets as electronic tokens with economic value that can be traded or transferred electronically ¹.
- Exclusions: The law excludes non-fungible tokens and central bank digital currencies ¹.
- Protection of Users' Funds: Crypto exchange operators must deposit users' funds in financial institutions, such as banks, to protect them in the event of bankruptcy ¹.
- Insurance and Reserves: Exchanges must also pay interest on these deposits and obtain insurance or set aside reserves to cover potential losses ¹.
- Cold Wallets: Exchanges are required to keep some of their users' virtual assets in cold wallets to protect against hacking and system failures ¹.
- Monitoring and Reporting: Exchanges must monitor and report abnormal transactions, such as unusual price movements or trading volumes, to financial authorities ¹.
- Penalties: Violation of the new rules is subject to fixed-term imprisonment of not less than one year or major fines ².
Background
The law was passed in response to the Terra-Luna crash and FTX's collapse, which highlighted the need for greater regulation and protection for crypto investors ¹. South Korea has been actively working to regulate the crypto industry, with the Financial Services Commission (FSC) and the Bank of Korea playing key roles in overseeing crypto operators and custodians ³.
#BinanceTurns7
#BinanceHODLerBANANA
#Write2Earn!
#TodayMarketAlert
South Korea has enacted its first crypto investor protection law, the Virtual Asset User Protection Act, which came into force on July 19, 2024 ¹. The law aims to protect crypto investors and prevent unfair trading practices ¹. Here are some key points about the law:
- Definition of Digital Assets: The law defines digital assets as electronic tokens with economic value that can be traded or transferred electronically ¹.
- Exclusions: The law excludes non-fungible tokens and central bank digital currencies ¹.
- Protection of Users' Funds: Crypto exchange operators must deposit users' funds in financial institutions, such as banks, to protect them in the event of bankruptcy ¹.
- Insurance and Reserves: Exchanges must also pay interest on these deposits and obtain insurance or set aside reserves to cover potential losses ¹.
- Cold Wallets: Exchanges are required to keep some of their users' virtual assets in cold wallets to protect against hacking and system failures ¹.
- Monitoring and Reporting: Exchanges must monitor and report abnormal transactions, such as unusual price movements or trading volumes, to financial authorities ¹.
- Penalties: Violation of the new rules is subject to fixed-term imprisonment of not less than one year or major fines ².
Background
The law was passed in response to the Terra-Luna crash and FTX's collapse, which highlighted the need for greater regulation and protection for crypto investors ¹. South Korea has been actively working to regulate the crypto industry, with the Financial Services Commission (FSC) and the Bank of Korea playing key roles in overseeing crypto operators and custodians ³.
#BinanceTurns7
#BinanceHODLerBANANA
#Write2Earn!
#TodayMarketAlert
I can provide some general information about cryptocurrencies that have shown potential and promise,
Some cryptocurrencies that have shown potential and promise include:
- Ethereum $ETH
- Polkadot $DOT
- Solana $SOL
- Cardano ADA
- Polygon MATIC
These cryptocurrencies have shown potential due to their:
- Strong development teams and communities
- Unique use cases and technologies
- Growing adoption and partnerships
- Limited supply and tokenomics
#MicroStrategy #CryptoTradingGuide #Write2Earn #TodayMarketAlert #foryoupage
Some cryptocurrencies that have shown potential and promise include:
- Ethereum $ETH
- Polkadot $DOT
- Solana $SOL
- Cardano ADA
- Polygon MATIC
These cryptocurrencies have shown potential due to their:
- Strong development teams and communities
- Unique use cases and technologies
- Growing adoption and partnerships
- Limited supply and tokenomics
#MicroStrategy #CryptoTradingGuide #Write2Earn #TodayMarketAlert #foryoupage
MASSIVE ALERT ON $WLD ⚠️ Here Is Why 👇
Worldcoin is currently experiencing a challenging phase. Its 30 days MVRV Ratio dropped to -14.98% and that's a sign of a potential undervaluation. In addition, the average directional index (ADX) from 11.06 to 39.4, shows a significant bearish movement. Also, the recent "death cross" on EMA (4hrs timeframe), reinforces the bearish Hypothesis. At last, daily active addresses are not looking good and they are rising concerns among investors. In fact, a slow down on active addresses makes the Worldcoin community "Untrusty"!
PRICE DIRECTION
In my opinion, considering these factors, WLD may tests the support S2 (6.44) and further more S2 (5.6 to 6). In case of a positive market dynamic shift, then we should look at R1 (7.35) and R2 (8.2). Personally, I see WLD an interesting specualtive asset in the short / Medium term. Althoug, I'm not planning to hold it for the long term (4-7 years). The Fully Diluted Market Cap ($68,569,069,540) Vs Current Market Cap ($1,214,292,067) is massively high and thus a Red Flag 🚩
#TodayMarketAlert #Worldcoin #WLDUpdate #AltcoinNews
Worldcoin is currently experiencing a challenging phase. Its 30 days MVRV Ratio dropped to -14.98% and that's a sign of a potential undervaluation. In addition, the average directional index (ADX) from 11.06 to 39.4, shows a significant bearish movement. Also, the recent "death cross" on EMA (4hrs timeframe), reinforces the bearish Hypothesis. At last, daily active addresses are not looking good and they are rising concerns among investors. In fact, a slow down on active addresses makes the Worldcoin community "Untrusty"!
PRICE DIRECTION
In my opinion, considering these factors, WLD may tests the support S2 (6.44) and further more S2 (5.6 to 6). In case of a positive market dynamic shift, then we should look at R1 (7.35) and R2 (8.2). Personally, I see WLD an interesting specualtive asset in the short / Medium term. Althoug, I'm not planning to hold it for the long term (4-7 years). The Fully Diluted Market Cap ($68,569,069,540) Vs Current Market Cap ($1,214,292,067) is massively high and thus a Red Flag 🚩
#TodayMarketAlert #Worldcoin #WLDUpdate #AltcoinNews
#DEGO has a good sustainability. Good for investment. It is once again showing signs of #Bullish momentum!
#TodayMarketAlert
$DEGO
#TodayMarketAlert
$DEGO