cryptocurrencies.
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Crypto trader makes $8.3 million in 20 minutes
#cryptocurrencies. have brought about one of the biggest paradigm shifts in finance in recent memory. While they carry the potential to turn the tide in favor of decentralization and transparency, practical use cases are still in their infancy.
On the other hand, digital assets have seen widespread adoption in the form of speculative investments. Once the domain of the particularly internet-savvy, they are now widely available and enjoy strong mainstream appeal.
As this nascent industry matures, the rough edges are being smoothed out. While cryptocurrencies are still very volatile, they’ve slowly begun to stabilize — whether through a stronger correlation with the performance of traditional assets, the advent of stablecoins, or institutional involvement.
The big payouts from trades that net savvy investors life-altering wealth are a rarer sight nowadays — but they do still occur, although primarily in the domain of meme coins. In one such instance, a wily trader made a $8.36 million profit in the span of just 20 minutes on December 17 — let’s take a closer look at exactly what
happened.
This Crypto PENGU trade was perfectly timed — but risky
Roughly two hours before the time of publication, this trader spent a grand total of 23,742 Solana ($SOL ), worth approximately $5.36 million at the time, to execute 8 transactions in which they purchased 239.6 million Pudgy Penguins (PENGU), according to data retrieved by Coindatacap from Solscan.
This $PENGU stake was then sold for 60,726 SOL worth $13.72 million after a 780.62% 1-day price surge — bringing the total profit of the trade to $8.36 million. Beyond the short duration of the trade, there are a couple of interesting factors to note.
For one, someone has stepped forward to claim the trade as their own — pseudonymous X user Nakasintos, although the report has not been verified.
Secondly, a closer look at on-chain data reveals that the account in question executed as many as 500 trades within a single hour — suggesting that an automated system is at play no matter who is behind it.
Ultimately, although impressive, this trade required a staggering amount of risk appetite — while this can serve as an interesting example of the profit potential seen with meme coins, risking millions of dollars on assets with questionable underlying value is an approach most cryptocurrency investors simply aren’t cut out for.
Disclaimer ||
The Information provided on this website article does not constitute investment advice,financial advice,trading advice,or any other sort of advice and you should not treat any of the website’s content as such.
Always do your own research! DYOR NFA
Coin Data Cap does not recommend that any cryptocurrency should be bought, sold or held by you, Do Conduct your own due diligence and consult your financial adviser before making any investment decisions!
#PENGUOpening #FullMarketBullRun #BinanceAlpha #Solana
On the other hand, digital assets have seen widespread adoption in the form of speculative investments. Once the domain of the particularly internet-savvy, they are now widely available and enjoy strong mainstream appeal.
As this nascent industry matures, the rough edges are being smoothed out. While cryptocurrencies are still very volatile, they’ve slowly begun to stabilize — whether through a stronger correlation with the performance of traditional assets, the advent of stablecoins, or institutional involvement.
The big payouts from trades that net savvy investors life-altering wealth are a rarer sight nowadays — but they do still occur, although primarily in the domain of meme coins. In one such instance, a wily trader made a $8.36 million profit in the span of just 20 minutes on December 17 — let’s take a closer look at exactly what
happened.
This Crypto PENGU trade was perfectly timed — but risky
Roughly two hours before the time of publication, this trader spent a grand total of 23,742 Solana ($SOL ), worth approximately $5.36 million at the time, to execute 8 transactions in which they purchased 239.6 million Pudgy Penguins (PENGU), according to data retrieved by Coindatacap from Solscan.
This $PENGU stake was then sold for 60,726 SOL worth $13.72 million after a 780.62% 1-day price surge — bringing the total profit of the trade to $8.36 million. Beyond the short duration of the trade, there are a couple of interesting factors to note.
For one, someone has stepped forward to claim the trade as their own — pseudonymous X user Nakasintos, although the report has not been verified.
Secondly, a closer look at on-chain data reveals that the account in question executed as many as 500 trades within a single hour — suggesting that an automated system is at play no matter who is behind it.
Ultimately, although impressive, this trade required a staggering amount of risk appetite — while this can serve as an interesting example of the profit potential seen with meme coins, risking millions of dollars on assets with questionable underlying value is an approach most cryptocurrency investors simply aren’t cut out for.
Disclaimer ||
The Information provided on this website article does not constitute investment advice,financial advice,trading advice,or any other sort of advice and you should not treat any of the website’s content as such.
Always do your own research! DYOR NFA
Coin Data Cap does not recommend that any cryptocurrency should be bought, sold or held by you, Do Conduct your own due diligence and consult your financial adviser before making any investment decisions!
#PENGUOpening #FullMarketBullRun #BinanceAlpha #Solana
🚀 The Bitcoin Revolution: Adoption by Companies and Governments on the Rise! 🌍💰
In recent years, Bitcoin has transformed from a digital curiosity into a powerful force in the financial world. What was once seen as a speculative bubble is now being adopted by companies and even governments around the globe. But what does this really mean for the future of the economy?
### 1. What’s Behind the Adoption? 🤔
The growing acceptance of Bitcoin is linked to several factors:
- Decentralization: In a world where trust in traditional institutions is declining, Bitcoin offers a decentralized alternative. This is particularly appealing for countries with unstable economies.
- Technological Innovation: Companies are realizing that accepting Bitcoin is not just a trend but a way to position themselves as innovative and ahead of the competition.
### 2. Inspiring Examples 🌟
Companies like Tesla and Square have already started accepting payments in Bitcoin, while countries like El Salvador took an audacious step by making Bitcoin legal tender. This adoption is not just about financial transactions; it's about a cultural movement towards digitization.
### 3. Challenges Ahead ⚠️
Of course, it’s not all sunshine and rainbows. The volatility of Bitcoin remains a significant concern for companies operating on tight margins. Additionally, regulatory and security issues need to be carefully considered.
### 4. The Future of Adoption 💡
As more companies and governments venture into the world of cryptocurrencies, we can expect an increase in acceptance and regulation. This could lead to a more stable and secure ecosystem for everyone involved.
### 5. Conclusion: The Power of Change 🔄
The adoption of Bitcoin by companies and governments is not just a passing phase; it’s a paradigm shift in how we perceive money and transactions. We are living in an exciting moment in financial history, where innovation can redefine our future.
🔗 If you want to learn more about this revolution and how it could impact your life, stay tuned for updates!
#Bitcoin #cryptocurrencies. #Innovation #FinancialFuture #DigitalAdoption
$BTC
### 1. What’s Behind the Adoption? 🤔
The growing acceptance of Bitcoin is linked to several factors:
- Decentralization: In a world where trust in traditional institutions is declining, Bitcoin offers a decentralized alternative. This is particularly appealing for countries with unstable economies.
- Technological Innovation: Companies are realizing that accepting Bitcoin is not just a trend but a way to position themselves as innovative and ahead of the competition.
### 2. Inspiring Examples 🌟
Companies like Tesla and Square have already started accepting payments in Bitcoin, while countries like El Salvador took an audacious step by making Bitcoin legal tender. This adoption is not just about financial transactions; it's about a cultural movement towards digitization.
### 3. Challenges Ahead ⚠️
Of course, it’s not all sunshine and rainbows. The volatility of Bitcoin remains a significant concern for companies operating on tight margins. Additionally, regulatory and security issues need to be carefully considered.
### 4. The Future of Adoption 💡
As more companies and governments venture into the world of cryptocurrencies, we can expect an increase in acceptance and regulation. This could lead to a more stable and secure ecosystem for everyone involved.
### 5. Conclusion: The Power of Change 🔄
The adoption of Bitcoin by companies and governments is not just a passing phase; it’s a paradigm shift in how we perceive money and transactions. We are living in an exciting moment in financial history, where innovation can redefine our future.
🔗 If you want to learn more about this revolution and how it could impact your life, stay tuned for updates!
#Bitcoin #cryptocurrencies. #Innovation #FinancialFuture #DigitalAdoption
$BTC
As of my last knowledge update in January 2022, I cannot provide real-time information. However, I can give you a general overview of the cryptocurrency market based on trends up until that point.
Overview:
The cryptocurrency market has been characterised by ongoing growth, increased institutional interest, and evolving regulatory developments. Bitcoin ($BTC ), as the first and most well-known cryptocurrency, continued to be a major influence on the market.
Market Capitalisation:
The total market capitalizations of all cryptocurrencies combined reached significant highs, reflecting the growing interest in the space. Various altcoins (alternative cryptocurrencies to Bitcoin) experienced periods of rapid growth, contributing to the overall expansion of the market.
Institutional Adoption:
Institutions and mainstream companies showed increased interest in and acceptance of cryptocurrencies. This was evident in the form of institutional investments, #blockchain technology adoption, and the introduction of cryptocurrency-related financial products.
DeFi (Decentralized Finance):
Decentralized Finance, or #DeFi, gained prominence as a growing sector within the cryptocurrency space. DeFi platforms offered various financial services traditionally provided by banks but in a decentralized and often automated manner.
#NFTs (Non-Fungible Tokens):
Non-Fungible Tokens (NFTs) became a major trend, with digital art, collectibles, and other unique assets being #tokenized on blockchain platforms. This trend brought attention to the potential of blockchain technology beyond traditional cryptocurrencies.
Regulatory Developments:
Regulatory scrutiny increased globally, with various countries taking different approaches to regulate or integrate #cryptocurrencies. into their financial systems. This regulatory landscape continued to evolve, impacting the market and influencing investor sentiment.
Environmental Concerns:
The environmental impact of cryptocurrency mining, particularly for Proof-of-Work-based cryptocurrencies like #Bitcoin, became a subject of increased scrutiny.
Overview:
The cryptocurrency market has been characterised by ongoing growth, increased institutional interest, and evolving regulatory developments. Bitcoin ($BTC ), as the first and most well-known cryptocurrency, continued to be a major influence on the market.
Market Capitalisation:
The total market capitalizations of all cryptocurrencies combined reached significant highs, reflecting the growing interest in the space. Various altcoins (alternative cryptocurrencies to Bitcoin) experienced periods of rapid growth, contributing to the overall expansion of the market.
Institutional Adoption:
Institutions and mainstream companies showed increased interest in and acceptance of cryptocurrencies. This was evident in the form of institutional investments, #blockchain technology adoption, and the introduction of cryptocurrency-related financial products.
DeFi (Decentralized Finance):
Decentralized Finance, or #DeFi, gained prominence as a growing sector within the cryptocurrency space. DeFi platforms offered various financial services traditionally provided by banks but in a decentralized and often automated manner.
#NFTs (Non-Fungible Tokens):
Non-Fungible Tokens (NFTs) became a major trend, with digital art, collectibles, and other unique assets being #tokenized on blockchain platforms. This trend brought attention to the potential of blockchain technology beyond traditional cryptocurrencies.
Regulatory Developments:
Regulatory scrutiny increased globally, with various countries taking different approaches to regulate or integrate #cryptocurrencies. into their financial systems. This regulatory landscape continued to evolve, impacting the market and influencing investor sentiment.
Environmental Concerns:
The environmental impact of cryptocurrency mining, particularly for Proof-of-Work-based cryptocurrencies like #Bitcoin, became a subject of increased scrutiny.
🚀🚀🚀 #bitcoin Whales Dump $2.22 Billion in #BTC🔥🔥 in Just One Week 🚀🚀🚀
- Bitcoin whales, or large holders of Bitcoin, sold off around 60,000 BTC, worth about $2.22 billion, in the past week.
- This sell-off may have been driven by Bitcoin reaching a new 2023 high of about $38,000, prompting some whales to take profits.
- Bitcoin miners have also been selling off their BTC holdings, with around 5,000 BTC worth about $175 million sold in the past few weeks.
- A bearish signal on the weekly chart from the Tom DeMark (TD) Sequential indicator suggests that Bitcoin could drop to $33,000.
Overall, the recent selling activity by Bitcoin whales and miners could be a sign that the cryptocurrency market is due for a correction. However, it is also possible that the market will continue to rise, especially if there is more institutional adoption of Bitcoin and other #cryptocurrencies.
#CryptoWhaleWatch $BTC #BinanceSquare
- Bitcoin whales, or large holders of Bitcoin, sold off around 60,000 BTC, worth about $2.22 billion, in the past week.
- This sell-off may have been driven by Bitcoin reaching a new 2023 high of about $38,000, prompting some whales to take profits.
- Bitcoin miners have also been selling off their BTC holdings, with around 5,000 BTC worth about $175 million sold in the past few weeks.
- A bearish signal on the weekly chart from the Tom DeMark (TD) Sequential indicator suggests that Bitcoin could drop to $33,000.
Overall, the recent selling activity by Bitcoin whales and miners could be a sign that the cryptocurrency market is due for a correction. However, it is also possible that the market will continue to rise, especially if there is more institutional adoption of Bitcoin and other #cryptocurrencies.
#CryptoWhaleWatch $BTC #BinanceSquare
👉👉👉 Crypto investors pocketed $887 gains on average in 2023: CoinLedger
Crypto investors reaped significant gains in 2023, marking a notable departure from the losses incurred during the crypto winter of 2022. Data from CoinLedger, a crypto tax software provider, reveals that on average, investors made nearly $900 in net gains from selling crypto assets in 2023.
This turnaround stands in stark contrast to the previous year, where billions were wiped from investors' portfolios due to the collapse of several prominent crypto firms, including the Terra ecosystem, #FTX exchange, and crypto lenders Celsius and Voyager.
CoinLedger analyzed data from 500,000 users and found that the average investor realized gains of $887.60 in 2023 as the crypto market began its recovery. Realized gains and losses occur when investors dispose of or sell crypto assets for a different price than their initial acquisition.
According to CoinLedger CEO David Kemmerer, these results suggest a potential resurgence in the cryptocurrency market. Despite the challenges faced in 2022, optimism returned in 2023, buoyed by factors such as the launch of spot Bitcoin exchange-traded funds (#ETFs ) in January 2024.
The data also highlights that Bitcoin holders are less inclined to sell their coins compared to investors of other #cryptocurrencies. CoinLedger's user base primarily consists of individuals from the United States, comprising 80% of its users, with additional users from Australia, Canada, and other countries included in the analysis.
Source - cointelegraph.com
#CryptoNews #BinanceSquareTalks
Crypto investors reaped significant gains in 2023, marking a notable departure from the losses incurred during the crypto winter of 2022. Data from CoinLedger, a crypto tax software provider, reveals that on average, investors made nearly $900 in net gains from selling crypto assets in 2023.
This turnaround stands in stark contrast to the previous year, where billions were wiped from investors' portfolios due to the collapse of several prominent crypto firms, including the Terra ecosystem, #FTX exchange, and crypto lenders Celsius and Voyager.
CoinLedger analyzed data from 500,000 users and found that the average investor realized gains of $887.60 in 2023 as the crypto market began its recovery. Realized gains and losses occur when investors dispose of or sell crypto assets for a different price than their initial acquisition.
According to CoinLedger CEO David Kemmerer, these results suggest a potential resurgence in the cryptocurrency market. Despite the challenges faced in 2022, optimism returned in 2023, buoyed by factors such as the launch of spot Bitcoin exchange-traded funds (#ETFs ) in January 2024.
The data also highlights that Bitcoin holders are less inclined to sell their coins compared to investors of other #cryptocurrencies. CoinLedger's user base primarily consists of individuals from the United States, comprising 80% of its users, with additional users from Australia, Canada, and other countries included in the analysis.
Source - cointelegraph.com
#CryptoNews #BinanceSquareTalks
A Risky Bet.
PepeCoin: Recent News
PepeCoin has been experiencing some volatility.
* Recent Price Fluctuations: The price of Pepe Coin has shown both upward and downward trends in recent days. It's important to note that meme coins like Pepe are highly susceptible to market sentiment and can experience rapid price changes.
* Market-Wide Trends: The overall cryptocurrency market has also been influential in Pepe Coin's performance. Broader market trends often impact meme coins as well.
---------------------------------------------------
* Market Sentiment: Overall investor confidence in #CryptocurrencyPredictions
* News and Events: Positive or negative news about Pepe Coin or the broader crypto industry.
* Regulatory Changes: Government policies affecting #cryptocurrencies.
* Technological Advancements: Developments in blockchain technology.
* Whale Activity: Large investors buying or selling Pepe Coin.While there's potential for Pepe Coin to rise again, it's essential to approach it with caution.
#recentnews
#pepenews
#follow for more info!
$PEPE
PepeCoin: Recent News
PepeCoin has been experiencing some volatility.
* Recent Price Fluctuations: The price of Pepe Coin has shown both upward and downward trends in recent days. It's important to note that meme coins like Pepe are highly susceptible to market sentiment and can experience rapid price changes.
* Market-Wide Trends: The overall cryptocurrency market has also been influential in Pepe Coin's performance. Broader market trends often impact meme coins as well.
---------------------------------------------------
* Market Sentiment: Overall investor confidence in #CryptocurrencyPredictions
* News and Events: Positive or negative news about Pepe Coin or the broader crypto industry.
* Regulatory Changes: Government policies affecting #cryptocurrencies.
* Technological Advancements: Developments in blockchain technology.
* Whale Activity: Large investors buying or selling Pepe Coin.While there's potential for Pepe Coin to rise again, it's essential to approach it with caution.
#recentnews
#pepenews
#follow for more info!
$PEPE
🚀🚀🚀 #Bitcoin’s #Bullrun Ignites: Traders Target $80,000 In High-Stakes Options Frenzy
As Bitcoin surpassed the $52,000 threshold, a noticeable shift in investor sentiment has emerged, characterized by heightened interest in call options for Bitcoin at "ambitious" strike prices. This trend, primarily focusing on strikes above $60,000, signals a strong confidence among traders in Bitcoin's potential for further upward movement.
QCP Capital, a renowned crypto asset trading firm, elucidated this trend in its latest report, highlighting the concentrated buying activity in these high-strike call options across various expiry dates.
A Surge in High-Strike Call Options
Call options provide the right to buy an asset at a set price within a timeframe. The surge in call option buying at higher Bitcoin strike prices indicates investors' bullish outlook, expecting significant price rises. QCP Capital noted nearly "$10 million spent on premiums for $60,000 and $80,000" strike options alone, underlining substantial financial commitments backing this optimism.
QCP Capital finds increased Bitcoin call options purchases above $60,000, indicating long-term bullish sentiment. Deribit reports concentration of open call options at $65,000 and higher, with a cluster targeting a $100,000 strike price in December.
By March's end, high-volume Bitcoin options calls at $60,000 strike reflect immediate bullish outlooks. Over 1,273 contracts for March 29 expiry represent a notional value exceeding $67 million, showing substantial capital on these optimistic predictions.
#Bitcoinmarket Sentiment and Predictions
Bullish Bitcoin forecasts, such as Matt Dines' 'Cup and Handle' pattern suggesting a rally to $75,000, alongside QCP Capital analysts' projections of new all-time highs before March 2024, drive enthusiastic options trading. Ethereum's market shows optimism, with a notable accumulation of call options around the $4,000 strike for mid-year expiries, indicating positive sentiment across major #cryptocurrencies.
Source - newsbtc.com
#BinanceSquareBTC $BTC
As Bitcoin surpassed the $52,000 threshold, a noticeable shift in investor sentiment has emerged, characterized by heightened interest in call options for Bitcoin at "ambitious" strike prices. This trend, primarily focusing on strikes above $60,000, signals a strong confidence among traders in Bitcoin's potential for further upward movement.
QCP Capital, a renowned crypto asset trading firm, elucidated this trend in its latest report, highlighting the concentrated buying activity in these high-strike call options across various expiry dates.
A Surge in High-Strike Call Options
Call options provide the right to buy an asset at a set price within a timeframe. The surge in call option buying at higher Bitcoin strike prices indicates investors' bullish outlook, expecting significant price rises. QCP Capital noted nearly "$10 million spent on premiums for $60,000 and $80,000" strike options alone, underlining substantial financial commitments backing this optimism.
QCP Capital finds increased Bitcoin call options purchases above $60,000, indicating long-term bullish sentiment. Deribit reports concentration of open call options at $65,000 and higher, with a cluster targeting a $100,000 strike price in December.
By March's end, high-volume Bitcoin options calls at $60,000 strike reflect immediate bullish outlooks. Over 1,273 contracts for March 29 expiry represent a notional value exceeding $67 million, showing substantial capital on these optimistic predictions.
#Bitcoinmarket Sentiment and Predictions
Bullish Bitcoin forecasts, such as Matt Dines' 'Cup and Handle' pattern suggesting a rally to $75,000, alongside QCP Capital analysts' projections of new all-time highs before March 2024, drive enthusiastic options trading. Ethereum's market shows optimism, with a notable accumulation of call options around the $4,000 strike for mid-year expiries, indicating positive sentiment across major #cryptocurrencies.
Source - newsbtc.com
#BinanceSquareBTC $BTC
🚀💰 **Bitcoin Breaks $100K! Are You Ready for the Future?** 💰🚀
🔥 The moment we've all been waiting for has arrived! Bitcoin has just surpassed the **$100,000** mark and is making waves in the crypto world! 🌊✨
🔍 **What does this mean?**
- Growing adoption of cryptocurrencies 💻
- More investors jumping into the game 📈
- The potential for a totally different financial future! 🌐
💬 **Let’s discuss!**
1. Are you already investing in Bitcoin? If so, what’s your experience been like?
2. What do you think is next for the cryptocurrency market?
3. What’s your prediction for Bitcoin in the next year?
📢 **Share this post and tag your friends who need to know about this! Let’s make this conversation explode! 🚀💸**
#Bitcoin #cryptocurrencies. #investments #FinancialFuture #OnTheRoadTo100K
$BTC $ETH $XRP
🔥 The moment we've all been waiting for has arrived! Bitcoin has just surpassed the **$100,000** mark and is making waves in the crypto world! 🌊✨
🔍 **What does this mean?**
- Growing adoption of cryptocurrencies 💻
- More investors jumping into the game 📈
- The potential for a totally different financial future! 🌐
💬 **Let’s discuss!**
1. Are you already investing in Bitcoin? If so, what’s your experience been like?
2. What do you think is next for the cryptocurrency market?
3. What’s your prediction for Bitcoin in the next year?
📢 **Share this post and tag your friends who need to know about this! Let’s make this conversation explode! 🚀💸**
#Bitcoin #cryptocurrencies. #investments #FinancialFuture #OnTheRoadTo100K
$BTC $ETH $XRP
I conducted an analysis of the ETHUSD chart using Elliott Wave theory and some technical indicators. I identified a prevailing downtrend, with Waves A, B, and C in development, and it seems we're currently in Wave C, which could indicate a deeper downward movement.
The technical indicators support this view: the price is below the 7- and 30-day moving averages, volume increases during declines, the MACD is trending downward, and the RSI suggests the market may be oversold.I suggest considering a short entry near the end of Wave B or the beginning of Wave C, with a stop-loss above Wave B and a take-profit near previous lows or when observing signs of exhaustion in Wave C.
This analysis suggests the downtrend may continue, but it's crucial to monitor the market to adjust the strategy as needed.Best regards,
#cryptocurrencies. #bearish #AltcoinStrategies
The technical indicators support this view: the price is below the 7- and 30-day moving averages, volume increases during declines, the MACD is trending downward, and the RSI suggests the market may be oversold.I suggest considering a short entry near the end of Wave B or the beginning of Wave C, with a stop-loss above Wave B and a take-profit near previous lows or when observing signs of exhaustion in Wave C.
This analysis suggests the downtrend may continue, but it's crucial to monitor the market to adjust the strategy as needed.Best regards,
#cryptocurrencies. #bearish #AltcoinStrategies
Here is the summary of the current analysis for the ETH/USDT pair:
- **Overall Trend**: The bearish trend remains dominant, with the price consolidating after a recent drop.
- **Current Price**: 2,637.38.
- **Target Level (TP)**: 2,500 remains the main objective for take profit.
- **Indicators**: The RSI is at 43.97, indicating the market is not yet oversold. The MACD confirms selling pressure.
- **Strategy**: Keeping the stop-loss at 2,710 and take profit at 2,500 is still valid. Adjust the stop if the price breaks below 2,600 to better protect profits.
The movement is well on track to reach the 2,500 support unless an unexpected recovery occurs.
#ETH #profit #ShortTrade #cryptocurrencies.
- **Overall Trend**: The bearish trend remains dominant, with the price consolidating after a recent drop.
- **Current Price**: 2,637.38.
- **Target Level (TP)**: 2,500 remains the main objective for take profit.
- **Indicators**: The RSI is at 43.97, indicating the market is not yet oversold. The MACD confirms selling pressure.
- **Strategy**: Keeping the stop-loss at 2,710 and take profit at 2,500 is still valid. Adjust the stop if the price breaks below 2,600 to better protect profits.
The movement is well on track to reach the 2,500 support unless an unexpected recovery occurs.
#ETH #profit #ShortTrade #cryptocurrencies.
Crypto Currencies💵 expensive and popular🤖
#write2Earn #cryptocurrencies. $BTC $ETH $BNB
2016 - You missed $ETH 👀
2.2017 - You missed $ADA 🚨
3.2018 - You missed $BNB ✅
4.2019 - You missed $LINK 🔥
5.2020 - You missed $DOT 🚀
6.2021 - You missed $SHIB 😱
7.2022 - You missed $MEE 💡
8. 2023- You missed $Near 🐦🔥
9. In 2024, don’t miss ______🤔👇🏼
❤️🔥Tell me in comments guys❤️🔥
2016 - You missed $ETH 👀
2.2017 - You missed $ADA 🚨
3.2018 - You missed $BNB ✅
4.2019 - You missed $LINK 🔥
5.2020 - You missed $DOT 🚀
6.2021 - You missed $SHIB 😱
7.2022 - You missed $MEE 💡
8. 2023- You missed $Near 🐦🔥
9. In 2024, don’t miss ______🤔👇🏼
❤️🔥Tell me in comments guys❤️🔥
📣📣It appears you're anticipating significant growth in various cryptocurrencies during the upcoming bull run. Here's a breakdown of your expectations📣📣:
1. $KAS - Expected to increase by 30 times.
2. $DIONE - Expected to increase by 100 times.
3. $ZEPH - Expected to increase by 60 times.
4. $QUBIC - Expected to increase by 50 times.
5. $XNA - Expected to increase by 100 times.
6. $NAKA - Expected to increase by 40 times.
7. $GFAL - Expected to increase by 50 times.
8. $DNX - Expected to increase by 35 times.
9. $MASQ - Expected to increase by 60 times.
10. $ATOR - Expected to increase by 50 times.
11. $ROUTE - Expected to increase by 80 times.
12. $ROSE - Expected to increase by 40 times.
13. $OPTI - Expected to increase by 70 times.
14. $PAAL - Expected to increase by 50 times.
15. $HELLO - Expected to increase by 60 times.
16. $MYRIA - Expected to increase by 50 times.
17. $AZERO - Expected to increase by 45 times.
18. $SFUND - Expected to increase by 40 times.
19. $RVF - Expected to increase by 60 times.
20. $CHNG - Expected to increase by 55 times.
21. $TAO - Expected to increase by 40 times.
22. $ORAI - Expected to increase by 50 times.
23. $VRA - Expected to increase by 70 times.
24. $INJ - Expected to increase by 30 times.
25. $NEXA - Expected to increase by 50 times.
26. $RIO - Expected to increase by 60 times.
27. $LCX - Expected to increase by 45 times.
28. $EPIK - Expected to increase by 40 times.
29. $SKL - Expected to increase by 50 times.
30. $DAG - Expected to increase by 100 times.
#HotTrends #cryptocurrencies. #BTC #cryptomummy
1. $KAS - Expected to increase by 30 times.
2. $DIONE - Expected to increase by 100 times.
3. $ZEPH - Expected to increase by 60 times.
4. $QUBIC - Expected to increase by 50 times.
5. $XNA - Expected to increase by 100 times.
6. $NAKA - Expected to increase by 40 times.
7. $GFAL - Expected to increase by 50 times.
8. $DNX - Expected to increase by 35 times.
9. $MASQ - Expected to increase by 60 times.
10. $ATOR - Expected to increase by 50 times.
11. $ROUTE - Expected to increase by 80 times.
12. $ROSE - Expected to increase by 40 times.
13. $OPTI - Expected to increase by 70 times.
14. $PAAL - Expected to increase by 50 times.
15. $HELLO - Expected to increase by 60 times.
16. $MYRIA - Expected to increase by 50 times.
17. $AZERO - Expected to increase by 45 times.
18. $SFUND - Expected to increase by 40 times.
19. $RVF - Expected to increase by 60 times.
20. $CHNG - Expected to increase by 55 times.
21. $TAO - Expected to increase by 40 times.
22. $ORAI - Expected to increase by 50 times.
23. $VRA - Expected to increase by 70 times.
24. $INJ - Expected to increase by 30 times.
25. $NEXA - Expected to increase by 50 times.
26. $RIO - Expected to increase by 60 times.
27. $LCX - Expected to increase by 45 times.
28. $EPIK - Expected to increase by 40 times.
29. $SKL - Expected to increase by 50 times.
30. $DAG - Expected to increase by 100 times.
#HotTrends #cryptocurrencies. #BTC #cryptomummy
👉👉👉 South Korea Regulator Holds Firm Stance Against Crypto #ETFs Approval
Crypto remains a high-risk asset class, and this article is provided for informational purposes only, not constituting investment advice. Users of this website agree to abide by the terms & conditions, acknowledging the use of affiliate links with potential commissions.
While the United States has recently granted approval for Bitcoin exchange-traded funds (ETFs) after a decade-long wait, South Korea remains steadfast in its ban on BTC ETFs. The Financial Services Commission (FSC) of South Korea categorically stated that the launch of virtual currency ETFs is deemed "impossible," with no foreseeable changes.
Currently, the country has imposed a ban on banks & financial institutions from acquiring and holding #cryptocurrencies. The FSC expressed concerns about the "illegal outflow of domestic funds overseas due to credit card payments on foreign crypto exchanges."
The ban aligns with efforts to "stabilize" the financial markets, as stated by an FSC official in response to a recent investigation revealing substantial #CryptoTrading activities among South Korea's lawmakers.
Referring to countries like the United States, Hong Kong, and Germany that have already introduced crypto futures ETFs or spot ETFs, the FSC official emphasized the legal impossibility of launching a virtual asset ETF. The Capital Markets Act in the country's Article 4 explicitly designates financial #Investment products, currencies, and general products as eligible underlying assets for ETFs.
In contrast, the US Securities and Exchange Commission (#SEC ) recently granted approval for the listing and trading of several spot Bitcoin ETFs, expanding access to cryptocurrencies for a broader investor base. The South Korean FSC official acknowledged this development but highlighted that the US financial sector remained resilient during the crypto industry's downturn due to its prohibition on banks & financial institutions from investing in virtual assets, a policy similarly upheld in Korea.
Source - cryptonews.com
Crypto remains a high-risk asset class, and this article is provided for informational purposes only, not constituting investment advice. Users of this website agree to abide by the terms & conditions, acknowledging the use of affiliate links with potential commissions.
While the United States has recently granted approval for Bitcoin exchange-traded funds (ETFs) after a decade-long wait, South Korea remains steadfast in its ban on BTC ETFs. The Financial Services Commission (FSC) of South Korea categorically stated that the launch of virtual currency ETFs is deemed "impossible," with no foreseeable changes.
Currently, the country has imposed a ban on banks & financial institutions from acquiring and holding #cryptocurrencies. The FSC expressed concerns about the "illegal outflow of domestic funds overseas due to credit card payments on foreign crypto exchanges."
The ban aligns with efforts to "stabilize" the financial markets, as stated by an FSC official in response to a recent investigation revealing substantial #CryptoTrading activities among South Korea's lawmakers.
Referring to countries like the United States, Hong Kong, and Germany that have already introduced crypto futures ETFs or spot ETFs, the FSC official emphasized the legal impossibility of launching a virtual asset ETF. The Capital Markets Act in the country's Article 4 explicitly designates financial #Investment products, currencies, and general products as eligible underlying assets for ETFs.
In contrast, the US Securities and Exchange Commission (#SEC ) recently granted approval for the listing and trading of several spot Bitcoin ETFs, expanding access to cryptocurrencies for a broader investor base. The South Korean FSC official acknowledged this development but highlighted that the US financial sector remained resilient during the crypto industry's downturn due to its prohibition on banks & financial institutions from investing in virtual assets, a policy similarly upheld in Korea.
Source - cryptonews.com
FOMC Minutes Trigger Sharp Decline in Cryptocurrency Prices
Cryptocurrencies experienced a significant downturn after the release of the FOMC minutes. #Bitcoin , which was trading around $36,750 before the minutes were disclosed, plummeted to below $37,000 afterward. Similarly, #Ethereum also faced a substantial drop, falling below $2,000.
The decline in #cryptocurrencies. can be attributed to the confirmation of #fomc 's intention to continue a tightening policy. The potential increase in interest rates and balance sheet reduction may diminish demand for risky assets. Cryptocurrencies are considered a riskier asset class compared to traditional financial markets. Therefore, the reaffirmation of FOMC's commitment to a tightening policy has reduced demand for cryptocurrencies, leading to a decline in prices.
The continuation of the decline in cryptocurrencies can be anticipated. The FOMC signals an intent to pursue a tightening policy to curb inflation, creating an unfavorable environment for cryptocurrencies.
However, cryptocurrency markets are highly volatile, and short-term movements may not necessarily reflect long-term trends. Therefore, it is not certain that the decline in cryptocurrencies will persist.
Cryptocurrencies experienced a significant downturn after the release of the FOMC minutes. #Bitcoin , which was trading around $36,750 before the minutes were disclosed, plummeted to below $37,000 afterward. Similarly, #Ethereum also faced a substantial drop, falling below $2,000.
The decline in #cryptocurrencies. can be attributed to the confirmation of #fomc 's intention to continue a tightening policy. The potential increase in interest rates and balance sheet reduction may diminish demand for risky assets. Cryptocurrencies are considered a riskier asset class compared to traditional financial markets. Therefore, the reaffirmation of FOMC's commitment to a tightening policy has reduced demand for cryptocurrencies, leading to a decline in prices.
The continuation of the decline in cryptocurrencies can be anticipated. The FOMC signals an intent to pursue a tightening policy to curb inflation, creating an unfavorable environment for cryptocurrencies.
However, cryptocurrency markets are highly volatile, and short-term movements may not necessarily reflect long-term trends. Therefore, it is not certain that the decline in cryptocurrencies will persist.
Ethiopia becomes a new center for Chinese bitcoin miners.
Ethiopia's surge in cryptocurrency mining is reinforcing China's growing influence on Africa's economic and energy landscape.
Ethiopia's search for sustainable and cost-effective energy sources has made it a new haven for Chinese #bitcoin miners. With energy consumption at the center of the world's attention, Ethiopia's shift to bitcoin #mining represents a pivotal chapter in the history of #cryptocurrencies. In the spring, an interesting event took place near the Grand Ethiopian Renaissance Dam in Ethiopia. A shipping container with powerful computers signaled the arrival of Chinese bitcoin miners. In search of affordable energy and friendly laws, these pioneers found solace in Ethiopia, where electricity prices are low and the government is benevolent. Ethiopia began mining bitcoin in 2022, despite the country's opposition to #cryptocurrency trading. The relationship with China and the joint effort to build a $4.8 billion dam underscores the mutual ambition. This collaboration shows that Ethiopia is a beacon for cryptocurrency mining as part of the global cryptocurrency industry agenda. The influx of bitcoin mining in Ethiopia is not without challenges. In developing countries, energy issues usually lead to initial support being replaced by strict restrictions. Ethiopian officials are aware of the controversy surrounding bitcoin mining and are proceeding cautiously. A sensitive debate continues about the energy requirements for mining, as most of the population does not have access to electricity. Nevertheless, the attractiveness of foreign exchange earnings from this sector is undeniable. The fact that Ethiopia has become a major recipient of bitcoin mining equipment is indicative of a strategic shift. With 21 bitcoin miners already signed power deals, most of them Chinese companies, Ethiopia could become a hotspot for Chinese miners.
Read us at: Compass Investments
#transscreen.ru
Ethiopia's search for sustainable and cost-effective energy sources has made it a new haven for Chinese #bitcoin miners. With energy consumption at the center of the world's attention, Ethiopia's shift to bitcoin #mining represents a pivotal chapter in the history of #cryptocurrencies. In the spring, an interesting event took place near the Grand Ethiopian Renaissance Dam in Ethiopia. A shipping container with powerful computers signaled the arrival of Chinese bitcoin miners. In search of affordable energy and friendly laws, these pioneers found solace in Ethiopia, where electricity prices are low and the government is benevolent. Ethiopia began mining bitcoin in 2022, despite the country's opposition to #cryptocurrency trading. The relationship with China and the joint effort to build a $4.8 billion dam underscores the mutual ambition. This collaboration shows that Ethiopia is a beacon for cryptocurrency mining as part of the global cryptocurrency industry agenda. The influx of bitcoin mining in Ethiopia is not without challenges. In developing countries, energy issues usually lead to initial support being replaced by strict restrictions. Ethiopian officials are aware of the controversy surrounding bitcoin mining and are proceeding cautiously. A sensitive debate continues about the energy requirements for mining, as most of the population does not have access to electricity. Nevertheless, the attractiveness of foreign exchange earnings from this sector is undeniable. The fact that Ethiopia has become a major recipient of bitcoin mining equipment is indicative of a strategic shift. With 21 bitcoin miners already signed power deals, most of them Chinese companies, Ethiopia could become a hotspot for Chinese miners.
Read us at: Compass Investments
#transscreen.ru
👉👉👉 #Cryptoscam : Indian Engineer Loses $15,000 on #Telegram
An engineer from Delhi, as reported by ANI on Wednesday, has become a victim of a digital scam on Telegram, resulting in a loss of approximately $15,000, a significant amount in the local currency.
The victim received a message on Telegram from an unknown sender, offering an investment opportunity in #cryptocurrencies. Initially trusting the offer, the victim joined a Telegram group, believing it to be legitimate. As he aimed to boost his investments and earn more, he complied with all the demands presented. Starting with an investment of $120.43, he received a return of $180.65, bolstering his confidence.
Encouraged by the apparent success, the victim proceeded to plan additional investments. Eventually, he decided to invest an additional $15,000. However, after making this substantial investment, the scammers abruptly cut off communication and refused to return any money.
A local media survey revealed that Indian investors are frequently targeted by #CryptoScams , with many occurring on the Telegram platform. The susceptibility of Indian investors to scams is attributed to a lack of digital awareness, the inexperience of new investors, and the absence of adequate regulations.
In response to the escalating number of crypto scams, the Indian government is implementing stricter laws. The Financial Intelligence Unit (FIU) previously issued a show cause notice to nine offshore cryptocurrency exchanges, accusing them of "illegally operating" and violating anti-money laundering laws. Digital assets have also been included in the government's watch list, subjecting cryptocurrency markets in India to anti-money laundering provisions.
Source - coingape.com
#CryptoNews🔒📰🚫
An engineer from Delhi, as reported by ANI on Wednesday, has become a victim of a digital scam on Telegram, resulting in a loss of approximately $15,000, a significant amount in the local currency.
The victim received a message on Telegram from an unknown sender, offering an investment opportunity in #cryptocurrencies. Initially trusting the offer, the victim joined a Telegram group, believing it to be legitimate. As he aimed to boost his investments and earn more, he complied with all the demands presented. Starting with an investment of $120.43, he received a return of $180.65, bolstering his confidence.
Encouraged by the apparent success, the victim proceeded to plan additional investments. Eventually, he decided to invest an additional $15,000. However, after making this substantial investment, the scammers abruptly cut off communication and refused to return any money.
A local media survey revealed that Indian investors are frequently targeted by #CryptoScams , with many occurring on the Telegram platform. The susceptibility of Indian investors to scams is attributed to a lack of digital awareness, the inexperience of new investors, and the absence of adequate regulations.
In response to the escalating number of crypto scams, the Indian government is implementing stricter laws. The Financial Intelligence Unit (FIU) previously issued a show cause notice to nine offshore cryptocurrency exchanges, accusing them of "illegally operating" and violating anti-money laundering laws. Digital assets have also been included in the government's watch list, subjecting cryptocurrency markets in India to anti-money laundering provisions.
Source - coingape.com
#CryptoNews🔒📰🚫
Russian Central Bank Says ‘Almost All Financial #scams Are Now Crypto-themed’
The Russian Central Bank reported that "almost all" financial scams identified in the past year had elements related to #cryptocurrencies.
According to an official statement, the bank noted a nearly 16% increase in financial scams in 2023 compared to the previous year, with crypto themes prevalent in nearly every case.
The bank highlighted a growing number of illegal entities in the financial market employing crypto-related themes. In 2023, it identified 5,735 entities, including companies, projects, and individual entrepreneurs, suspected of engaging in illegal activities such as financial pyramids.
Despite the rise in such projects, the bank noted a positive trend: the lifespan of scam projects had decreased, and they were causing less financial damage on average.
To combat these scams, the regulator blocked access to over 11,200 web pages associated with illegal financial market participants and operators of financial pyramids.
The Central Bank also took legal action against suspected financial scammers, launching over 125 criminal cases and 620 administrative cases, many of which involved the use of cryptocurrencies or crypto-related themes.
Collaborating with authorities like the Federal Antimonopoly Service and Roskomnadzor, the bank aims to crack down on financial scams. Its public list of suspected scams includes social media chatrooms, crypto-related games, suspected fraudulent exchanges, and #CryptoTrading bot schemes. Additionally, it identifies firms allegedly involved in crypto mining scams, where investors are solicited to fund dubious Bitcoin mining centers purportedly located in Siberia.
Source - cryptonews.com
#CryptoNews #BinanceSquare
The Russian Central Bank reported that "almost all" financial scams identified in the past year had elements related to #cryptocurrencies.
According to an official statement, the bank noted a nearly 16% increase in financial scams in 2023 compared to the previous year, with crypto themes prevalent in nearly every case.
The bank highlighted a growing number of illegal entities in the financial market employing crypto-related themes. In 2023, it identified 5,735 entities, including companies, projects, and individual entrepreneurs, suspected of engaging in illegal activities such as financial pyramids.
Despite the rise in such projects, the bank noted a positive trend: the lifespan of scam projects had decreased, and they were causing less financial damage on average.
To combat these scams, the regulator blocked access to over 11,200 web pages associated with illegal financial market participants and operators of financial pyramids.
The Central Bank also took legal action against suspected financial scammers, launching over 125 criminal cases and 620 administrative cases, many of which involved the use of cryptocurrencies or crypto-related themes.
Collaborating with authorities like the Federal Antimonopoly Service and Roskomnadzor, the bank aims to crack down on financial scams. Its public list of suspected scams includes social media chatrooms, crypto-related games, suspected fraudulent exchanges, and #CryptoTrading bot schemes. Additionally, it identifies firms allegedly involved in crypto mining scams, where investors are solicited to fund dubious Bitcoin mining centers purportedly located in Siberia.
Source - cryptonews.com
#CryptoNews #BinanceSquare
See original
🚨🚨🚨🚨🚨 End of the month.
We will have super Wednesday and close monthly, mathematically btc faith there is negative but now we have Trump. 😎
Let's go for the next strong climb at 73k
#BTC #cryptocurrencies. #CoinMarketCap #bullish
Infinite high with small corrections, anyone who doesn't have Solana is crazy.
We will have super Wednesday and close monthly, mathematically btc faith there is negative but now we have Trump. 😎
Let's go for the next strong climb at 73k
#BTC #cryptocurrencies. #CoinMarketCap #bullish
Infinite high with small corrections, anyone who doesn't have Solana is crazy.
Elizabeth Warren honors bitcoin creator Satoshi Nakamoto
Senator Elizabeth Warren, known for her skepticism of bitcoin, has publicly recognized Satoshi Nakamoto, the creator of bitcoin, and celebrated the 15th anniversary of its creation.
According to #Bitcoin Magazine, Warren joined the Capitol Flag program to celebrate Nakamoto's creation of bitcoin (BTC) as a "financial system.
On December 18, the flag was raised on the Capitol and recognized by the bitcoin community as HODL Day.
This recognition marks a marked departure from Warren's previous stance on #cryptocurrencies. The flag recognition event is a meetup organized by Bitcoin Magazine and PubKey that will take place in New York #City. At the meetup, T. J. Miller will read a post that popularized the term "HODL" in the bitcoin community.
Thomas Pacia, co-founder of PubKey, commented on Warren's support for bitcoin, pointing out the importance of action in political advocacy.
This turnaround comes after Warren's recent legislative proposal to restrict the use of cryptocurrencies for illegal activities to address concerns about digital currencies.
Read us at: Compass Investments
#CryptoTrends #CryptoUpdates
According to #Bitcoin Magazine, Warren joined the Capitol Flag program to celebrate Nakamoto's creation of bitcoin (BTC) as a "financial system.
On December 18, the flag was raised on the Capitol and recognized by the bitcoin community as HODL Day.
This recognition marks a marked departure from Warren's previous stance on #cryptocurrencies. The flag recognition event is a meetup organized by Bitcoin Magazine and PubKey that will take place in New York #City. At the meetup, T. J. Miller will read a post that popularized the term "HODL" in the bitcoin community.
Thomas Pacia, co-founder of PubKey, commented on Warren's support for bitcoin, pointing out the importance of action in political advocacy.
This turnaround comes after Warren's recent legislative proposal to restrict the use of cryptocurrencies for illegal activities to address concerns about digital currencies.
Read us at: Compass Investments
#CryptoTrends #CryptoUpdates
🚨Top 10 Promising Crypto Assets for Investment💥
1. Floki
- Expected price after the bull run: $0.00425
- With strong community support and a dedicated team, Floki has the potential to surpass $0.005.
2. BNB
- Expected price after the bull run: $3,729.00
- BNB provides frequent opportunities to access new cryptocurrencies through initiatives like Launchpools.
3. REEF
- Expected price after the bull run: $0.122
- Reef Finance offers a user-friendly DeFi experience by integrating the best features from various DeFi networks.
4. ARKM
- Expected price after the bull run: $84.46
- Arkham Intelligence leverages AI for processing on-chain data. Its token, ARKM, facilitates data trading on the Intel Exchange.
5. SEI
- Expected price after the bull run: $43.59
- SEI is a specialized Layer-1 blockchain designed for trading, optimizing each layer of the stack to provide infrastructure for all trading applications.
6. ALT
- Expected price after the bull run: $39.78
- Altlayer is an open and decentralized protocol for rollups, offering security and interoperability.
7. PIXEL
- Expected price after the bull run: $118.95
- Pixel is an immersive Web3 game on the Ronin network, featuring NFT minting and guild participation.
8. AEVO
- Expected price after the bull run: $245.89
- Aevo is a decentralized derivatives exchange specializing in options and perpetual contracts.
9. PORTAL
- Expected price after the bull run: $298.49
- Portal is a self-hosted Layer-2 wallet and exchange facilitating fast, secure, and private atom swaps between Bitcoin and other digital assets.
10. CYBER
- Expected price after the bull run: $3,714.67
- CyberConnect is a Web3 social network empowering developers to build social applications. Its token, CYBER, is utilized for governance and payments.
#cryptocurrencies. #CryptoEducation💡🚀 n💡🚀 #HotTrends Trends #BTC
$BTC $SOL
1. Floki
- Expected price after the bull run: $0.00425
- With strong community support and a dedicated team, Floki has the potential to surpass $0.005.
2. BNB
- Expected price after the bull run: $3,729.00
- BNB provides frequent opportunities to access new cryptocurrencies through initiatives like Launchpools.
3. REEF
- Expected price after the bull run: $0.122
- Reef Finance offers a user-friendly DeFi experience by integrating the best features from various DeFi networks.
4. ARKM
- Expected price after the bull run: $84.46
- Arkham Intelligence leverages AI for processing on-chain data. Its token, ARKM, facilitates data trading on the Intel Exchange.
5. SEI
- Expected price after the bull run: $43.59
- SEI is a specialized Layer-1 blockchain designed for trading, optimizing each layer of the stack to provide infrastructure for all trading applications.
6. ALT
- Expected price after the bull run: $39.78
- Altlayer is an open and decentralized protocol for rollups, offering security and interoperability.
7. PIXEL
- Expected price after the bull run: $118.95
- Pixel is an immersive Web3 game on the Ronin network, featuring NFT minting and guild participation.
8. AEVO
- Expected price after the bull run: $245.89
- Aevo is a decentralized derivatives exchange specializing in options and perpetual contracts.
9. PORTAL
- Expected price after the bull run: $298.49
- Portal is a self-hosted Layer-2 wallet and exchange facilitating fast, secure, and private atom swaps between Bitcoin and other digital assets.
10. CYBER
- Expected price after the bull run: $3,714.67
- CyberConnect is a Web3 social network empowering developers to build social applications. Its token, CYBER, is utilized for governance and payments.
#cryptocurrencies. #CryptoEducation💡🚀 n💡🚀 #HotTrends Trends #BTC
$BTC $SOL
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