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š About Me:
Hey, I'm 0xChairman! Your go-to source for high-quality ideas, education & insights that empower you to #WinWithCrypto!šš°
š YOU WILL LOSE ALL YOUR INVESTMENT! š Unless You Understand The Psychology of the Crypto Market
Bitcoin hits $69k and the next halving is just 41 days away! š
Experts predict a new bull run peaking in late 2025 - That is 12-18 months from the Halving in April 2024.š°
Ready to ride the wave? I hate to state this but many are still going to f>ck this up.š¤· For real.
Let's break down the psychological phases:
š PHASE 1 - Accumulation š° During this phase, crypto Whales and OGs will have bought or be buying at discounted rates, new projects emerge, but skepticism lingers. To be clear, this was more like last year when $BTC was down to $15,000 and there was blood on the streets.
š PHASE 2 - Momentum š Here, as we are currently witnessing, prices climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.šš»šµ
š PHASE 3 - Euphoria/Excess š Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert! For the Noobs, when ever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position. Be SMART or you wont seeš the crash coming.
ā¤µļø PHASE 4 - Massive Crash/Long Reeeeed candlesšš ā¤µļø Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip. Noobies are left holding the š° for another two-three years -- the worst position to be in. DON'T DO THAT!
Tips for Success: ā Invest wisely and patiently. ā Dollar-cost average. ā Take profits on the way up. ā Diversify and avoid overexposure. ā Be cautious of hype and scams. ā Watch for market sentiment changes. ā Hedge positions strategically. ā Keep cash reserves for opportunities.
The coming months bring excitement, risks, and rewards. Navigate wisely, and you could be on your way to life-changing wealth in this crypto revolution! ššø #TrendingTopic #BTC #ETH #sol #SHIB >CryptoBullRun >Bitcoin <InvestWisely š
You might never see a 500x Bullrun like this again!
If you're new to the crypto world, you might have heard about "Bull run" and imagined making insane gains. Well, let's clear things up a bit. Bull run doesn't mean investing $50 and magically becoming a millionaire. That's more of a meme coin thing, not the case with utility coins backed by something real. Bull run happens when there's a surge in demand for Bitcoin due to technicalities and rewards distribution. This upward trend can last for over a year and a half. Altcoins also join the party
Tetherās USDT Hits Record $120B Market Cap, Signaling a Potential āUptoberā Rallyšš°
Tetherās USDT stablecoin has hit an all-time high, surpassing a $120 billion market cap on Oct. 20, sparking speculation of an impending crypto market rally.
As the largest stablecoin, Tether serves as a major gateway between fiat and crypto. A growing supply of USDT often signals that investors are preparing to enter the crypto market, fueling optimism for a potential Bitcoin rally.
Stablecoin inflows to major exchanges like Binance and Kraken, where over $86 million in USDT has been sent recently, suggest increased buying pressure. This could set the stage for the highly anticipated āUptoberā rallyāa term used by crypto traders to describe Octoberās historically bullish trend.
October has been one of Bitcoinās best-performing months, with an average 21% price increase. Some analysts believe Bitcoin could see a breakout, especially if it closes the week above $68,700.
Bitcoin Open Interest Surges Past $40B as Price Nears $70Kš»
Bitcoin's open interest in derivatives hit a new record on Oct. 21, surpassing $40.5 billion, as BTC approached the $70,000 mark.
According to CoinGlass, this surge in open interest, which reflects the total value of outstanding futures contracts, suggests increased leverage and potential volatility. The Chicago Mercantile Exchange (CME) led the way with 30.7% of the open interest, followed by Binance at 20.4% and Bybit at 15%.
High open interest can lead to rapid price swings, as sharp movements often trigger liquidations, forcing mass sell-offs. This scenario previously played out in August, when Bitcoin saw a 20% price drop, losing nearly $12,000 in two days.
Bitcoin briefly touched $69,380 on Oct. 21 but faced resistance and pulled back to $69,033. With BTC now just 6.4% below its all-time high of $73,738, a breakout above $70K could fuel a rally in altcoins like Ethereum (ETH) and Solana (SOL), both of which are currently outperforming BTC in daily gains. #BTC #bitcoin #BTCā #btcupdates2024 #BTCSoarsTo68K $BTC
ApeCoin (APE) Surges 66%, Reclaims Spot in Top 100: ApeChain Launch Boosts ApeCoin Volume
ApeCoin (APE), the governance token of the APE ecosystem, has skyrocketed by 66% in the last 24 hours, pushing its value back above $1. After trading at $0.75 during the October 19 session, APE is now eyeing further gains.
The price spike is largely fueled by the launch of ApeChain, a new Layer-3 blockchain developed by the ApeCoin DAO as part of the Arbitrum Orbital Chain. With bridges live and yield-earning opportunities for APE, ETH, and stablecoins, traders have flocked to ApeChain. Within just hours of launch, ApeChain saw trading volume on Camelot DEX surpass $5 million.
On-chain data shows ApeCoinās total trading volume surged nearly 3,000% in the last 24 hours, approaching $1 billion. If this momentum holds, APE could soon climb past $1.25.
ApeCoinās network growth has also exploded, with new addresses interacting with the protocol jumping from 83 to over 3,200 in just a day. This rapid adoption signals strong interest in ApeChain and could further boost demand for APE, potentially driving its price even higher.
From a technical standpoint, ApeCoin has broken out of a months-long descending trendline, signaling strong bullish momentum. The Moving Average Convergence Divergence (MACD) indicator has flipped positive, suggesting further gains ahead. If the current rally continues, APE could climb to $1.47 and potentially hit $2.
Shiba Inu (SHIB) Holders Withdraw $288M After 30% Price Surge: Can It Rally Another 25%?š
Shiba Inu (SHIB) has seen a 30% price increase over the last 30 days, sparking major activity among its holders. SHIBās price now sits at $0.000019, and the recent withdrawals from exchanges could be setting the stage for another rally.
In the past week, SHIB holders have withdrawn 16 trillion tokens, worth around $288 million, from exchanges, according to Glassnode. Such large outflows reduce the circulating supply available for trading, potentially driving scarcity and supporting a price increase.
The Market Value to Realized Value (MVRV) Long/Short Difference shows that long-term SHIB holders now have fewer unrealized losses, signaling a potential shift from bearish to bullish conditions. If this trend continues, SHIB could see another price jump.
SHIB is nearing key resistance, and the Bull Bear Power (BBP) indicator shows buyers are currently in control. The token is also trading in a bullish pattern, with the 20-day Exponential Moving Average (EMA) above the 50-day EMA. If bulls maintain momentum, SHIB could rise to $0.000024. However, if the token fails to break above $0.000020, a pullback to $0.000017 is possible. #SHIB #shibaā” #SHIBAUSDT #SHIBŲ #Shibalnu $SHIB
5 Token Unlocks to Watch This Week: Big Moves Ahead for ADA, YGG, and More
Token unlocks, which release previously locked tokens into circulation, can significantly impact a projectās price and market dynamics. While no massive unlocks are scheduled this week, here are five key events to keep an eye on.
1. Cardano ($ADA ) - Unlock date: October 22 - Tokens unlocked: 18.53 million ADA Cardano, known for its focus on scalability and security, will unlock over 18 million ADA, boosting its staking and treasury fund. This move strengthens the networkās long-term development and staking ecosystem.
2. SpaceID ($ID ) - Unlock date: October 22 - Tokens unlocked: 18.49 million ID Space ID, a decentralized identity protocol, will unlock 18.49 million ID tokens for its foundation, ecosystem fund, and community. The project connects identities across various blockchains, aiming to drive cross-chain compatibility.
3. EigenLayer ($EIGEN ) - Unlock date: October 22 - Tokens unlocked: 1.29 million EIGEN Ethereumās restaking protocol EigenLayer will release 1.29 million tokens. With these tokens dedicated to community initiatives, the unlock is unlikely to cause major price shifts.
4. Ethena (#ENA ) - Unlock date: October 23 - Tokens unlocked: 12.86 million ENA Ethena, an Ethereum-based synthetic currency protocol, will release 12.86 million ENA tokens for ecosystem development, furthering its goal of offering a decentralized dollar-denominated savings instrument.
5. Yield Guild Games (YGG) - Unlock date: October 27 - Tokens unlocked: 14.08 million #YGG The play-to-earn platform Yield Guild Games will unlock 14.08 million tokens for distribution among the community, founders, and investors, driving growth in its gaming ecosystem.
This weekās unlocks also include smaller events for Galxe (GAL), Acala (ACA), and Euler (EUL), with a combined value exceeding $99 million.
Celestia (TIA) Braces for Price Drop Ahead of $1 Billion Token Unlockš³: Could TIA Drop Below $4?
In just 10 days, Celestia (TIA) will unlock 80.77% of its supply, valued at over $1 billion, sparking fears of a sell-off that could drive prices down. With the altcoin already showing signs of volatility, traders are closely watching for major price swings before the event.
As one of the largest unlocks in Celestia's history approaches, the altcoinās price, currently at $5.95, faces potential turbulence. The Chaikin Money Flow (CMF) indicator signals a bearish trend, suggesting TIA could fall below $5 in the coming days.
Technical analysis points to a head and shoulders pattern on the TIA chart, hinting at a possible bearish reversal. If the price drops below the key $4.73 support level, TIA could plunge to $3.87. However, if bulls step in, the token might rally to $7.30 or even $10.40 post-unlock. #TIA #celestia #SCRSpotTradingOnBinance #USRetailSalesBoost #BinanceLabsInvestsLombard $TIA
Crypto VCs Bet Big on AI: Over $213M Invested in Q3
Venture capital investment in artificial intelligence (AI) within the crypto industry surged in Q3, with a staggering $213 million poured into AI-related projects. This marks a massive 340% year-over-year increase, signaling that crypto VCs are doubling down on AI as a key driver for the next growth phase.
A report by Messari revealed that venture capitalists invested $213 million in AI projects last quarterāa 2.5x increase compared to Q2. These AI initiatives span sectors like decentralized platforms, social networks, DeFi, and DePIN. As AI tokens show potential to outperform meme coins, investors are eyeing this space for its long-term growth potential.
In October, AI-themed discussions reached a record-breaking 50% of investor mindshare, reflecting a growing interest in AI within the crypto space. This coincides with Nvidia's stock hitting new highs, with a 190% surge year-to-date. Nvidiaās influence could drive further momentum for AI tokens, which have already doubled in market cap to $36.7 billion since August.
As investor focus shifts to AI, the sector is poised for explosive growth heading into the next cycle.
Bullish Signals for PEPEš: Why PEPE šø Price Could Jump 50% Soon
PEPE, the popular frog-themed meme coin, has seen a 12% price increase in the past week, avoiding a potential monthly low. If current market sentiment stays strong and PEPE breaks key resistance levels, the coin could soar by 50%. Here's why.
The Money Flow Index (MFI), a key indicator that measures buying and selling pressure, shows PEPE gaining bullish momentum. Currently above the neutral 50.00 mark, this suggests that buying pressure is outweighing selling, indicating further price growth.
Additionally, PEPEās price is sitting above the Ichimoku Cloud, a technical indicator that highlights support and resistance levels. When an assetās price is above the cloud, it typically signals a bullish trend, pointing to the potential for more gains.
PEPE recently attempted to break through $0.000011 but faced resistance. However, technical indicators like the Fibonacci retracement show strong support at $0.0000089, suggesting a potential push above $0.000011. If successful, PEPE could target $0.000015, a 50% increase from current levels.
SingularityDAO Merges SDAO & KEY to Power AI Economy with Real-World Assetsš: Will Singularity Finance (SFI) Become The Future of AI and DeFi?
SingularityDAO has announced a major token merger with Cogito Finance and SelfKey to form Singularity Finance (SFI), a new Layer-2 Ethereum solution. This merger aims to tokenize real-world assets (RWAs) from the AI economy and build decentralized finance (DeFi) infrastructure. Following the announcement, SingularityDAOās SDAO token saw a significant price spike.
SingularityDAO, an AI-powered DeFi protocol, has teamed up with Cogito Finance and blockchain identity provider SelfKey to create Singularity Finance. This new protocol will focus on tokenizing the AI economy and developing the infrastructure needed to integrate AI-related assets into the DeFi space.
The merger will consolidate the partnersā tokens into a single asset, SFI, which will be used as the network token for Singularity Finance. SingularityDAO co-founder Mario Casiraghi emphasized the potential of this move, stating, "We are at the crossroads of AI and DeFi, unlocking new opportunities to access and monetize AI-powered assets."
Each partnerās token will convert to SFI at different rates based on their valuations. SelfKeyās KEY will exchange 1:1, while Cogito Financeās CGV will convert at just over 1:10. SingularityDAOās SDAO token, however, will exchange for over 80 SFI units. While SDAO initially surged on the news, much of the gains were later lost.
Singularity Finance plans to make AI assets more accessible and create a robust DeFi ecosystem for the AI economy. With a leadership council consisting of SingularityNET and SingularityDAO employees, the project aims to build a strong foundation for AI-related investments, tapping into the fast-growing market of tokenized real-world assets. #SDAO #KEYš #SFI #BTC #bitcoin $KEY $FET
NEIRO Faces 55% Price Drop as Buyer Momentum Fades! Will Demand Return?
After a strong surge and multiple all-time highs, NEIRO, a meme coin on Ethereum, is now facing a sharp price drop. Trading at $0.0020, NEIRO has fallen 14% in the last 24 hours, making it the biggest loser in the market.
NEIRO's double-digit decline has been matched by a 12% increase in trading volume, totaling $685 million over the past 24 hours. This rise in trading during a price drop suggests investors are locking in profits or panic selling, further accelerating the decline.
Whale investors, who hold between 1 million and 100 million NEIRO tokens, are also exiting the market. The number of whale addresses has dropped by 5% over the past week, signaling a bearish outlook as large holders reduce their exposure.
NEIRO's technical indicators also point to further losses. The MACD line has crossed below the signal line, a sign that selling pressure is building and a deeper price drop could be on the way. If this trend continues, NEIRO could fall by as much as 55% to $0.00091.
However, a surge in demand could reverse the trend and push NEIRO back to its all-time high of $0.0023, with potential for further gains. #TrumpDeFi #CPI_BTC_Watch #NEIRO $NEIRO
Bitcoin ETF Inflows Top $1 Billion in Just 3 Days, BlackRock Takes the Lead
Bitcoin ETFs have seen a massive surge, with over $1B in inflows in just three days. BlackRock is leading the charge, giving institutional investors a seamless way to invest in Bitcoin. With the crypto market gaining momentum, Bitcoin is now trading above $67,000, eyeing its all-time high of $73,777.
Spot Bitcoin ETFs in the US recorded $1.18B in net inflows over the last three trading days, pushing the total inflow to a new high of $19.73B. On Monday, October 14, alone, inflows reached an impressive $555.86M.
This surge comes as institutional interest in Bitcoin grows, reversing early Octoberās negative trend of $147M outflows. Last week, crypto investments hit $407 million in inflows, a sharp turnaround driven by rising interest in the upcoming U.S. elections.
BlackRock and Fidelity are spearheading this wave, attracting $760M in inflows over the past three days, according to Farside. On Tuesday, October 15, BlackRock alone brought in $288.8M.
This spike coincides with Bitcoinās 13% price rally since Friday. Analysts from Standard Chartered suggest this momentum could push Bitcoin back to its all-time high as the U.S. election nears, with CoinShares researchers agreeing that political factors are driving the renewed interest.
BlackRockās strong position in the Bitcoin market is no surprise. CEO Larry Fink highlighted during the companyās Q3 earnings call that its IBIT product hit $23B in market size within nine months, fueled by major investments.
However, BlackRockās Ethereum-related products have not seen the same enthusiasm, with some facing net outflows. Robert Mitchnick, BlackRockās head of digital assets, attributes this to Ethereumās more complex investment narrative. Speaking at the Messari Mainnet conference, he noted, "We believe in Ethereumās potential, but it requires more time for investors to fully understand its value."
Crypto Whale Snaps Up 841 Million NEIRO, Sitting on 67% Gains ā Learn From This Pro
A crypto whale who previously profited $145 million from Shiba Inu has now made a bold move into First Neiro (NEIRO), securing 841 million tokens and currently sitting on a 67% unrealized gain. NEIROās price has skyrocketed by 2779% in the past 30 days, drawing attention from investors looking for the next big meme coin.
The whale initially invested in 17.5 million NEIRO on Ethereum (NEIROETH) but sold at a 55% loss, losing $1.49 million. They quickly shifted to the better-performing NEIRO, acquiring 841.6 million tokens for $1.45 million. Now, with a total of 3.85 billion NEIRO worth $6.51 million, the whale is enjoying $2.67 million in unrealized gains.
NEIROās recent Binance listing has helped fuel its meteoric rise, leaving NEIROETH behind. Trading volume for NEIRO surpassed $1 billion for the first time, pushing its price up 16.67% in the last 24 hours to $0.0017. With rising volume and low selling pressure, NEIRO is positioned for further growth in the short term.
NEIRO is currently facing resistance at $0.0017, but the bullish momentum indicated by the MACD suggests it could soon break through. If NEIRO surpasses $0.0018, a rally past $0.0020 is possible. However, if it struggles to clear resistance, the price could dip to $0.0015.
Bitcoinās 20% Rally Still in Play As Institutional Interests SurgeāLong-Term Holders Are Boosting Price MomentumāØš
Bitcoin is showing signs of recovery after a sharp drop in early October, but a key resistance level must be flipped to support before a 20% rally can materialize. After bouncing back from recent lows, BTC needs to break $63,068 and turn $65,000 into solid support to ignite a sustained upward move.
Momentum is building as institutional investors return to Bitcoin. Spot Bitcoin ETFs saw inflows of $235 million on Monday, signaling renewed confidence. This shift in sentiment comes after days of outflows, with large investors once again betting on Bitcoinās potential. When institutional players move in, it often signals strong confidence in future price growth.
Long-term holders are also fueling optimism, increasing their BTC positions since mid-August. This accumulation trend strengthens Bitcoinās macro outlook, as reducing supply can pave the way for price appreciation.
Currently trading at $62,273, Bitcoin is battling to break past the critical $63,068 resistance. If successful, it could trigger the long-awaited 20% rally to $75,979, surpassing its previous all-time high. However, failure to break through could lead to a retracement to $59,666, threatening the bullish outlook. #WeAreAllSatoshi #BTCReboundsAfterFOMC #moonbix #BNBChainMemecoins #BTC $BTC
Next Level Crypto Scammers Abandon $TON BlockchaināThey Even Made a PSA to That Effectš
Absolutely Wild! Crypto scammers using wallet-draining tools are leaving the TON blockchain, seeking better opportunities as the network becomes less profitable for their schemes.
Wallet drainers, designed to steal cryptocurrency by tricking users into phishing links, are shutting down on TON due to a "shortage of whales"ālarge, high-value investors. Scam Sniffer, a phishing protection service, reported that one notorious TON wallet drainer is now targeting Bitcoin, hoping for more lucrative returns.
The TON blockchain previously attracted scammers during its peak, when games like Notcoin and Hamster Kombat drove high engagement. Bad actors used TONās comment feature to trick users into signing transactions, causing losses of up to 22,000 TON tokens (about $152,000). However, as TON's user base shifted toward smaller, airdrop-focused participants, phishing scams became less profitable.
Bitcoin Stalls at $64K Again ā Hereās Whatās Holding It Back!
Bitcoin has struggled to break past $64,000, despite gaining 5.2% between Oct. 3 and Oct. 7. While some analysts link Bitcoinās growth to rising U.S. federal debt, the real drivers behind its stalled price seem to be global economic and political factors.
The Federal Reserveās higher interest rates and a strong U.S. dollar are making investors more cautious, reducing demand for risk assets like Bitcoin. In fact, the dollar index (DXY) rose to 102.5 on Oct. 7, suggesting investors are choosing cash over alternative currencies.
Recent U.S. jobs data has also lowered the odds of a recession, which dimmed hopes for an interest rate cut and hurt Bitcoinās price momentum. Additionally, strong corporate earnings forecasts, particularly from the tech sector, have shifted investor focus back to stocks, leaving Bitcoin stuck in a tight range.
Derivatives markets show neutral sentiment, with the Bitcoin futures premium at 8%, and outflows from Bitcoin ETFs have totaled $335 million since Oct. 1, signaling tradersā lack of confidence.
Ultimately, Bitcoinās inability to push beyond $64,000 is due to a combination of macroeconomic pressures, rising stock markets, and investor caution ahead of global uncertainties. #BTC #bitcoin #BTCā #WeAreAllSatoshi #BTCReboundsAfterFOMC $BTC
Mysterious Bitcoin Whale Moves $3.6M in BTC from 2009: Is Satoshi Involved?
A Bitcoin whale, who mined BTC during the network's first two months in 2009, has moved $3.6 million worth of Bitcoin to Kraken since late September, according to blockchain analytics firm Arkham Intelligence.
The most recent transfer, made on October 3, involved 10 BTC valued at $610,000. This whaleās wallet had been dormant for nearly a decade before these recent moves. The wallet, holding 1,169 BTC (worth $72.4 million), has sparked renewed speculation about the identity of Bitcoin's creator, Satoshi Nakamoto.
The timing coincides with HBO's upcoming documentary "Money Electric: The Bitcoin Mystery," which suggests the late cypherpunk Len Sassaman may have been Nakamoto. However, his widow has denied any connection.
Will SUI Price Rally Fade? New All-Time May Be On The Horizon
Despite recent gains, SUIās chances of hitting a new all-time high (ATH) look slim but quite likely as investor sentiment cools and technical indicators point to a potential downturn.
While SUIās price has been trending upwards, the technical indicators suggest a volatility squeeze is near. This typically signals an upcoming sharp price movement, but with trading volume dropping, itās unclear if SUI has the support needed for a rally. The squeeze could just as easily lead to a price decline.
Adding to concerns, the Moving Average Convergence Divergence (MACD) shows early signs of a bearish crossover, indicating a possible trend reversal. This would be SUIās first bearish crossover in nearly a month, hinting that the upcoming squeeze may favor a downward move.
Currently trading at $1.97, SUI risks falling below its key $1.70 support. If this happens, the price could drop to $1.45 or even $1.16 if investors start selling. While a broader market rally could push SUI to $2.18 and invalidate the bearish outlook, a new ATH seems unlikely in the near future. #WeAreAllSatoshi #HBODocumentarySatoshiRevealed #U.S.UnemploymentNewLow #SECAppealRipple #SUI $SUI
This Meme Coin Soars 227% After Elon Musk's Trump Rally Appearanceš
Elon Muskās presence at Donald Trumpās October 5 rally sparked a major surge in meme coins linked to the former president, with one token skyrocketing 227%.
The rally, held in Butler, Pennsylvania, saw Musk, wearing a black MAGA hat and an "Occupy Mars" shirt, express his support for Trump and urge attendees to vote in the upcoming November election. His growing involvement in politics, including hosting Trump on X in August, signals closer ties between the two.
Dark MAGA Meme Coin Explodes 227% During the event, Musk mentioned the "Dark MAGA" meme coin, leading to a 227% price surge, reaching $0.0073. Other Trump-themed meme coins also saw gains: MAGA (TRUMP) rose 3%, Doland Tremp (TREMP) spiked 10%, and Super Trump (STRUMP) increased 5%.