Crypto Currency Updates
@engrraosajid
Following
Followers
Liked
Shared
Bitcoin's Price Action Around $61K Could Determine Its Next Move
According to CryptoPotato, Bitcoin's price action around the critical 100-day moving average at $61K could dictate its next decisive move. After a modest bullish rebound from the substantial $59K support level, Bitcoin encountered selling pressure, retracing back to this pivotal juncture. The cryptocurrency has been in an extended sideways consolidation phase near the pivotal $60K price range. A sudden decline below the critical $59K level could trigger another notable downward movement toward the $56K threshold. However, this pivotal juncture also holds the potential to halt further downward pressures and provide mid-term support.
Analysis of the 4-hour chart reveals heightened buying pressure near the critical $58K mark, resulting in a bullish surge toward the $66K threshold. However, increased selling pressure around $66K led to a noticeable downtrend, bringing the price back to the crucial $60K support region. Sellers are currently attempting to push the price below the significant $60K support level and the lower boundary of the wedge. If successful, it could signify a more sustained bearish phase, targeting the critical $56K support region.
The Supply-in Profit (%) metric, representing the proportion of Bitcoin’s supply-in profit, has recently surged to its highest levels, indicating that many participants may be considering realizing profits, potentially leading to increased selling pressure. Historically, such elevated levels have often preceded market volatility and potential downturns as holders begin to liquidate their positions. However, despite a notable decline in the metric, the price has only undergone slight consolidation, suggesting that the recent decline might be a corrective movement triggered by profit realization. It’s plausible that once the correction stage concludes, the price will likely initiate a fresh, impulsive surge.
#BTC🔥🔥🔥🔥🔥 #BTC_MARKET_UPDATE #BinanceLaunchpool $BTC $ETH $BNB
According to CryptoPotato, Bitcoin's price action around the critical 100-day moving average at $61K could dictate its next decisive move. After a modest bullish rebound from the substantial $59K support level, Bitcoin encountered selling pressure, retracing back to this pivotal juncture. The cryptocurrency has been in an extended sideways consolidation phase near the pivotal $60K price range. A sudden decline below the critical $59K level could trigger another notable downward movement toward the $56K threshold. However, this pivotal juncture also holds the potential to halt further downward pressures and provide mid-term support.
Analysis of the 4-hour chart reveals heightened buying pressure near the critical $58K mark, resulting in a bullish surge toward the $66K threshold. However, increased selling pressure around $66K led to a noticeable downtrend, bringing the price back to the crucial $60K support region. Sellers are currently attempting to push the price below the significant $60K support level and the lower boundary of the wedge. If successful, it could signify a more sustained bearish phase, targeting the critical $56K support region.
The Supply-in Profit (%) metric, representing the proportion of Bitcoin’s supply-in profit, has recently surged to its highest levels, indicating that many participants may be considering realizing profits, potentially leading to increased selling pressure. Historically, such elevated levels have often preceded market volatility and potential downturns as holders begin to liquidate their positions. However, despite a notable decline in the metric, the price has only undergone slight consolidation, suggesting that the recent decline might be a corrective movement triggered by profit realization. It’s plausible that once the correction stage concludes, the price will likely initiate a fresh, impulsive surge.
#BTC🔥🔥🔥🔥🔥 #BTC_MARKET_UPDATE #BinanceLaunchpool $BTC $ETH $BNB
Modular Blockchain Platform Saga Partners With Layer1 Network XION
According to Foresight News, modular blockchain platform Saga has announced a partnership with Layer1 network XION. The collaboration aims to introduce chain abstraction to Saga's chainlet. Further details about the partnership or its potential impact were not provided in the original report.
It’s time for saga to pump. I will buy saga now that it will go up in short period.
$SAGA $SAGA #SAGA🔥🔥 #SAGAUSDT #SAGASuccess
According to Foresight News, modular blockchain platform Saga has announced a partnership with Layer1 network XION. The collaboration aims to introduce chain abstraction to Saga's chainlet. Further details about the partnership or its potential impact were not provided in the original report.
It’s time for saga to pump. I will buy saga now that it will go up in short period.
$SAGA $SAGA #SAGA🔥🔥 #SAGAUSDT #SAGASuccess
Stablecoins Likely to Fail, Warns Deutsche Bank Analysts
According to Bloomberg, a recent study by Deutsche Bank analysts has raised concerns about the future of stablecoins. The study, which examined 334 currency pegs dating back to 1800, concluded that most stablecoins are likely to fail. Stablecoins, which aim to maintain a one-to-one value with fiat currencies like the dollar, are a significant part of crypto trading. They offer users a safe haven from the volatile price swings in the nascent market.
In a high-profile example of potential risks, the collapse of Terraform Lab’s algorithmic stablecoin TerraUSD and its sister token Luna led to a loss of at least $40 billion worth of crypto two years ago. These two coins were designed to depend on each other to maintain value. The analysts noted that the few successful pegged currencies that survived did so because they had credibility, were backed by reserves, and operated in tightly controlled systems. These are three elements that many major stablecoins lack.
The research team expressed particular concern about Tether due to its monopoly in the stablecoin market, which is rife with speculation and lack of transparency. Tether has been issuing quarterly attestations of its reserves following settlements with the CFTC and New York state. The researchers were not surprised by the 30% de-peg rate among some stablecoins, and noted that many more defunct stablecoins are difficult to account.
The researchers chose to study currency pegs due to their important parallels, despite being implemented for different reasons. They found that 49% of the fixed currencies in their database failed, with a median lifespan of 8-10 years for those that failed or were discontinued. The study concluded that macroeconomic factors are key to determining a peg's sustainability, and issues around governance and speculative forces could indicate when there's a possibility of de-pegging.
$USDC $FDUSD $TUSD #USDollarWarning #altcoins #MicroStrategy
According to Bloomberg, a recent study by Deutsche Bank analysts has raised concerns about the future of stablecoins. The study, which examined 334 currency pegs dating back to 1800, concluded that most stablecoins are likely to fail. Stablecoins, which aim to maintain a one-to-one value with fiat currencies like the dollar, are a significant part of crypto trading. They offer users a safe haven from the volatile price swings in the nascent market.
In a high-profile example of potential risks, the collapse of Terraform Lab’s algorithmic stablecoin TerraUSD and its sister token Luna led to a loss of at least $40 billion worth of crypto two years ago. These two coins were designed to depend on each other to maintain value. The analysts noted that the few successful pegged currencies that survived did so because they had credibility, were backed by reserves, and operated in tightly controlled systems. These are three elements that many major stablecoins lack.
The research team expressed particular concern about Tether due to its monopoly in the stablecoin market, which is rife with speculation and lack of transparency. Tether has been issuing quarterly attestations of its reserves following settlements with the CFTC and New York state. The researchers were not surprised by the 30% de-peg rate among some stablecoins, and noted that many more defunct stablecoins are difficult to account.
The researchers chose to study currency pegs due to their important parallels, despite being implemented for different reasons. They found that 49% of the fixed currencies in their database failed, with a median lifespan of 8-10 years for those that failed or were discontinued. The study concluded that macroeconomic factors are key to determining a peg's sustainability, and issues around governance and speculative forces could indicate when there's a possibility of de-pegging.
$USDC $FDUSD $TUSD #USDollarWarning #altcoins #MicroStrategy
Bitcoin current analysis
Bitcoin's current scenario shows it trading at $BTC 59359 on the 4-hour chart.
Currently, BTC dominance is at 52.2%, RSI is at 56, 24 hour high is $59,976 and lowest is $57,542and the total market cap stands at 2.28T with a 0.04% increase over the last day.
Bitcoin's current situation shows it at $56,500 and $55,500 strong support levels (meaning there are buyers here). Bitcoin's resistance levels are at $61,800 and $60,000 (indicating sellers are present, leading to Bitcoin sales). According to this market update, it is essential to adjust your plan accordingly. Now, you have to decide what to do with your funds.
It is essential to manage your trades according to this market update. Crypto Currency market is highly volatile any one can do the analysis and based on that we can do we manage our trades as per our funds. No one can predict exact trades movement.
It is very risk to trade with high leverage and manage your trades as per your funds if you are going for future trading only use less then 1 % of your funds and it is very important to add stop loss and Take profit. Never trade with out SL and TP.
It is said that something is better than nothing.
Do your trades as per market situation and coin situation. Don’t take high leverage like gambling.
If you like our Analysis then press like and comment. If you like more shares and tips are more then welcome.
#BTC
#ScamRiskWarning
#BullorBear
#Bitcoin❗️
#BinanceLaunchpool
$BTC
$ETH $BTC
Bitcoin's current scenario shows it trading at $BTC 59359 on the 4-hour chart.
Currently, BTC dominance is at 52.2%, RSI is at 56, 24 hour high is $59,976 and lowest is $57,542and the total market cap stands at 2.28T with a 0.04% increase over the last day.
Bitcoin's current situation shows it at $56,500 and $55,500 strong support levels (meaning there are buyers here). Bitcoin's resistance levels are at $61,800 and $60,000 (indicating sellers are present, leading to Bitcoin sales). According to this market update, it is essential to adjust your plan accordingly. Now, you have to decide what to do with your funds.
It is essential to manage your trades according to this market update. Crypto Currency market is highly volatile any one can do the analysis and based on that we can do we manage our trades as per our funds. No one can predict exact trades movement.
It is very risk to trade with high leverage and manage your trades as per your funds if you are going for future trading only use less then 1 % of your funds and it is very important to add stop loss and Take profit. Never trade with out SL and TP.
It is said that something is better than nothing.
Do your trades as per market situation and coin situation. Don’t take high leverage like gambling.
If you like our Analysis then press like and comment. If you like more shares and tips are more then welcome.
#BTC
#ScamRiskWarning
#BullorBear
#Bitcoin❗️
#BinanceLaunchpool
$BTC
$ETH $BTC
Bitcoin current analysis
Bitcoin's current scenario shows it trading at $BTC 58,739 on the 4-hour chart.
Currently, BTC dominance is at 52.2%, RSI is at 48, 24 hour high is $59,575 and lowest is $56,911and the total market cap stands at 2.22T with a 0.04% increase over the last day.
Bitcoin's current situation shows it at $56,500 and $50,500 strong support levels (meaning there are buyers here). Bitcoin's resistance levels are at $64,800 and $60,400 (indicating sellers are present, leading to Bitcoin sales). According to this market update, it is essential to adjust your plan accordingly. Now, you have to decide what to do with your funds.
It is essential to manage your trades according to this market update. Crypto Currency market is highly volatile any one can do the analysis and based on that we can do we manage our trades as per our funds. No one can predict exact trades movement.
It is very risk to trade with high leverage and manage your trades as per your funds if you are going for future trading only use less then 1 % of your funds and it is very important to add stop loss and Take profit. Never trade with out SL and TP.
It is said that something is better than nothing.
Do your trades as per market situation and coin situation. Don’t take high leverage like gambling.
If you like our Analysis then press like and comment. If you like more shares and tips are more then welcome.
#BTC
#ScamRiskWarning
#BullorBear
#Bitcoin❗️
#BinanceLaunchpool
$BTC
$ETH
Bitcoin's current scenario shows it trading at $BTC 58,739 on the 4-hour chart.
Currently, BTC dominance is at 52.2%, RSI is at 48, 24 hour high is $59,575 and lowest is $56,911and the total market cap stands at 2.22T with a 0.04% increase over the last day.
Bitcoin's current situation shows it at $56,500 and $50,500 strong support levels (meaning there are buyers here). Bitcoin's resistance levels are at $64,800 and $60,400 (indicating sellers are present, leading to Bitcoin sales). According to this market update, it is essential to adjust your plan accordingly. Now, you have to decide what to do with your funds.
It is essential to manage your trades according to this market update. Crypto Currency market is highly volatile any one can do the analysis and based on that we can do we manage our trades as per our funds. No one can predict exact trades movement.
It is very risk to trade with high leverage and manage your trades as per your funds if you are going for future trading only use less then 1 % of your funds and it is very important to add stop loss and Take profit. Never trade with out SL and TP.
It is said that something is better than nothing.
Do your trades as per market situation and coin situation. Don’t take high leverage like gambling.
If you like our Analysis then press like and comment. If you like more shares and tips are more then welcome.
#BTC
#ScamRiskWarning
#BullorBear
#Bitcoin❗️
#BinanceLaunchpool
$BTC
$ETH
Current Market Analysis
1. Bitcoin Support Levels: Strong support is noted at $55,800 and $53,000, indicating a presence of buyers in these zones.
2. Bitcoin Resistance: Significant resistance levels are observed at $60,000 and $63,500, suggesting selling pressure in these areas, potentially leading to Bitcoin sales.
Bitcoin's market trajectory depends on these levels, and investors should devise their own strategies accordingly.
Analysis:
Bitcoin has failed to maintain the $59,000 level and has broken below it. As predicted, the price experienced a significant downturn post-breakdown. We might witness some lateral movement in the market, with a possible retest of the $59,000-$60,000 range before the next major movement.
This is just analysis not a financial advice.
$BTC
$SOL
$ETH
#BTC
#BinanceLaunchpool
#ScamRiskWarning
#BullorBear
#analysis
1. Bitcoin Support Levels: Strong support is noted at $55,800 and $53,000, indicating a presence of buyers in these zones.
2. Bitcoin Resistance: Significant resistance levels are observed at $60,000 and $63,500, suggesting selling pressure in these areas, potentially leading to Bitcoin sales.
Bitcoin's market trajectory depends on these levels, and investors should devise their own strategies accordingly.
Analysis:
Bitcoin has failed to maintain the $59,000 level and has broken below it. As predicted, the price experienced a significant downturn post-breakdown. We might witness some lateral movement in the market, with a possible retest of the $59,000-$60,000 range before the next major movement.
This is just analysis not a financial advice.
$BTC
$SOL
$ETH
#BTC
#BinanceLaunchpool
#ScamRiskWarning
#BullorBear
#analysis
Binance founder Changpeng Zhao sentenced to four months in prison
Zhao, who began the run on FTX that eventually revealed fraud at the exchange, pleaded guilty to breaking laws himself.
Binance founder Changpeng Zhao was sentenced to four months in prison for failing to establish adequate anti-money laundering protections. Zhao, once the head of the largest crypto exchange in the world, pleaded guilty in November 2023.
Judge Richard Jones says that Zhao prioritized “Binance’s growth and profits over compliance with US laws and regulations.” While Jones doesn’t think Zhao is likely to reoffend, the scale of the crime is notable.
#NFP #Megadrop #FTX #BullorBear
#News $BTC $ETH $SOL
Zhao, who began the run on FTX that eventually revealed fraud at the exchange, pleaded guilty to breaking laws himself.
Binance founder Changpeng Zhao was sentenced to four months in prison for failing to establish adequate anti-money laundering protections. Zhao, once the head of the largest crypto exchange in the world, pleaded guilty in November 2023.
Judge Richard Jones says that Zhao prioritized “Binance’s growth and profits over compliance with US laws and regulations.” While Jones doesn’t think Zhao is likely to reoffend, the scale of the crime is notable.
#NFP #Megadrop #FTX #BullorBear
#News $BTC $ETH $SOL
Based on the market update provided by Team TenUp, it seems that Bitcoin is currently facing some significant support and resistance levels. The support levels at $57,500 and $55,000 indicate strong buying interest in Bitcoin at those price points. On the other hand, the resistance levels at $62,500 and $65,000 suggest that there are sellers looking to sell Bitcoin at those levels, potentially causing the price to drop.
Given this information, it's important to carefully consider your trading plan and risk management strategy. Since the price of Bitcoin has fallen below the $61,000 support level, it's crucial to monitor the daily close. If the price closes below $61,000 and confirms this move, there is a higher likelihood that the price might test the $57,500 and $55,000 support levels.
In terms of your funds, it's advisable to assess your risk tolerance and consider setting stop-loss orders to manage potential losses. It's always good practice to trade cautiously and be prepared for different market scenarios. If you have any specific questions or need further guidance on your trading strategy, feel free to ask!
#Megadrop
#ScamRiskWarning
#BullorBear
#NFP
#BitcoinETFs $BTC $ETH $BNB
Given this information, it's important to carefully consider your trading plan and risk management strategy. Since the price of Bitcoin has fallen below the $61,000 support level, it's crucial to monitor the daily close. If the price closes below $61,000 and confirms this move, there is a higher likelihood that the price might test the $57,500 and $55,000 support levels.
In terms of your funds, it's advisable to assess your risk tolerance and consider setting stop-loss orders to manage potential losses. It's always good practice to trade cautiously and be prepared for different market scenarios. If you have any specific questions or need further guidance on your trading strategy, feel free to ask!
#Megadrop
#ScamRiskWarning
#BullorBear
#NFP
#BitcoinETFs $BTC $ETH $BNB
Scam Risk Warning
1) Scam Tokens: It is possible to create multiple tokens with the same name. Therefore, it is very useful to check the contract address of the token you are going to buy. Otherwise, you may buy a fake token and never sell it again. A coin you buy as $ETH may turn out to be fake.
2) Fake Social Media Links: This method is unfortunately quite common and appears quite frequently on X. " Click to earn $BTC ! ", this link is probably a fake/scam link and can install malware on your device. Also, always verify the username of the person sharing the post! DefilLama's Google plugin helps to flag these fake accounts in red.
3) Fake Emails: Fake Emails are also a very common method and are called "phishing". The way to avoid this method is quite simple, look at the "to" address and make sure it is legitimate. Always check the sender, regardless of the content of the email.
4) Ponzi Schemes: Ponzi schemes are unfortunately very difficult to detect. Although they used to be easier to detect in the past, today they are very difficult to detect because they have more complex structures. Ponzi schemes are the projects that are doomed to collapse unless they get more users from outside.
5) Fake Apps: Unfortunately, Google App's app moderation mechanism does not work flawlessly, so sometimes they can present fake apps as if they were real. For example, Uniswap now has an official app, but there used to be fake apps on the market. That's why it's important to always use links from official places.
6) Fake Group Moderators: This is a very common method in Telegram and Discord. In this method, the scammer impersonates the admin and moderators with a similar username and pretends to help and sends a scam link to the user. Remember, no moderator will send you a non-project link or send you the first message!
I have shared some examples in the images below. Stay Safe!
#ScamRiskWarning
#Megadrop #Megadrop #bitcoinhalving #BullorBear
1) Scam Tokens: It is possible to create multiple tokens with the same name. Therefore, it is very useful to check the contract address of the token you are going to buy. Otherwise, you may buy a fake token and never sell it again. A coin you buy as $ETH may turn out to be fake.
2) Fake Social Media Links: This method is unfortunately quite common and appears quite frequently on X. " Click to earn $BTC ! ", this link is probably a fake/scam link and can install malware on your device. Also, always verify the username of the person sharing the post! DefilLama's Google plugin helps to flag these fake accounts in red.
3) Fake Emails: Fake Emails are also a very common method and are called "phishing". The way to avoid this method is quite simple, look at the "to" address and make sure it is legitimate. Always check the sender, regardless of the content of the email.
4) Ponzi Schemes: Ponzi schemes are unfortunately very difficult to detect. Although they used to be easier to detect in the past, today they are very difficult to detect because they have more complex structures. Ponzi schemes are the projects that are doomed to collapse unless they get more users from outside.
5) Fake Apps: Unfortunately, Google App's app moderation mechanism does not work flawlessly, so sometimes they can present fake apps as if they were real. For example, Uniswap now has an official app, but there used to be fake apps on the market. That's why it's important to always use links from official places.
6) Fake Group Moderators: This is a very common method in Telegram and Discord. In this method, the scammer impersonates the admin and moderators with a similar username and pretends to help and sends a scam link to the user. Remember, no moderator will send you a non-project link or send you the first message!
I have shared some examples in the images below. Stay Safe!
#ScamRiskWarning
#Megadrop #Megadrop #bitcoinhalving #BullorBear
Major Token Unlocks Expected Next Week, Totaling Around $400 Million
Previous post remaining part
According to PANews, data from Token Unlocks indicates that next week will see a significant one-time unlocking of tokens such as MEME, OP, DYDX, and ENA, with a total release value of approximately $400 million.
Ethena (ENA) will unlock about 33.33 million tokens, representing 3.76% of the circulating supply, valued at approximately $44 million, at 7 a.m. on May 2 Beijing time. Memecoin (MEME) will unlock about 53.1 billion tokens, accounting for 31.94% of the circulating supply, valued at approximately $150 million, at 3:30 p.m. on May 3 Beijing time.
Nym (NYM) will unlock about 45.63 million tokens, representing 6.36% of the circulating supply, valued at approximately $8 million, at 8 a.m. on May 3 Beijing time. Galxe (GAL) will unlock about 5.18 million tokens, accounting for 5.76% of the circulating supply, valued at approximately $23.5 million, at 8 a.m. on May 5 Beijing time.
Liquity (LQTY) will unlock about 657,000 tokens, representing 0.69% of the circulating supply, valued at approximately $710,000, at 8 a.m. on May 5 Beijing time. The data is accurate as of 9 p.m. on April 28 Beijing time.
Source = Binance
#copied $LQTY $GAL $ENA
#meme #nym #ScamRiskWarning #BullorBear
Previous post remaining part
According to PANews, data from Token Unlocks indicates that next week will see a significant one-time unlocking of tokens such as MEME, OP, DYDX, and ENA, with a total release value of approximately $400 million.
Ethena (ENA) will unlock about 33.33 million tokens, representing 3.76% of the circulating supply, valued at approximately $44 million, at 7 a.m. on May 2 Beijing time. Memecoin (MEME) will unlock about 53.1 billion tokens, accounting for 31.94% of the circulating supply, valued at approximately $150 million, at 3:30 p.m. on May 3 Beijing time.
Nym (NYM) will unlock about 45.63 million tokens, representing 6.36% of the circulating supply, valued at approximately $8 million, at 8 a.m. on May 3 Beijing time. Galxe (GAL) will unlock about 5.18 million tokens, accounting for 5.76% of the circulating supply, valued at approximately $23.5 million, at 8 a.m. on May 5 Beijing time.
Liquity (LQTY) will unlock about 657,000 tokens, representing 0.69% of the circulating supply, valued at approximately $710,000, at 8 a.m. on May 5 Beijing time. The data is accurate as of 9 p.m. on April 28 Beijing time.
Source = Binance
#copied $LQTY $GAL $ENA
#meme #nym #ScamRiskWarning #BullorBear
Major Token Unlocks Expected Next Week, Totaling Around $400 Million
Based on the previous analysis these coins will go up to attract the user and it is time to buy these coin and we can sell later once it goes up.
According to PANews, data from Token Unlocks indicates that next week will see a significant one-time unlocking of tokens such as MEME, OP, DYDX, and ENA, with a total release value of approximately $400 million.
Optimism (OP) is set to unlock about 24.16 million tokens, representing 2.31% of the circulating supply, valued at approximately $56 million, at noon on April 29 Beijing time. Sui (SUI) will unlock about 4 million tokens, accounting for 0.31% of the circulating supply, valued at approximately $4.68 million, at 8 a.m. on April 30 Beijing time.
Echelon Prime (PRIME) will unlock about 1.66 million tokens, representing 4.43% of the circulating supply, valued at approximately $30 million, at 8 a.m. on April 30 Beijing time. dydx (DYDX) will unlock about 33.33 million tokens, accounting for 10.72% of the circulating supply, valued at approximately $71 million, at 8 a.m. on May 1 Beijing time.
ZetaChain (ZETA) will unlock about 5.29 million tokens, representing 2.24% of the circulating supply, valued at approximately $6.2 million, at 8 a.m. on May 1 Beijing time. Manta Network (MANTA) will unlock about 1.87 million tokens, accounting for 0.75% of the circulating supply, valued at approximately $3.25 million, at 7:59 a.m. on May 1 Beijing time.
Acala (ACA) will unlock about 27.43 million tokens, representing 2.85% of the circulating supply, valued at approximately $3 million, at 3 p.m. on May 1 Beijing time. Tornado Cash (TORN) will unlock about 91,000 tokens, accounting for 2.41% of the circulating supply, valued at approximately $250,000, at 11:30 a.m. on May 1 Beijing time.
$OP $ACA $MANTA
#prime #DYDXLong #ScamRiskWarning #BullorBear
Based on the previous analysis these coins will go up to attract the user and it is time to buy these coin and we can sell later once it goes up.
According to PANews, data from Token Unlocks indicates that next week will see a significant one-time unlocking of tokens such as MEME, OP, DYDX, and ENA, with a total release value of approximately $400 million.
Optimism (OP) is set to unlock about 24.16 million tokens, representing 2.31% of the circulating supply, valued at approximately $56 million, at noon on April 29 Beijing time. Sui (SUI) will unlock about 4 million tokens, accounting for 0.31% of the circulating supply, valued at approximately $4.68 million, at 8 a.m. on April 30 Beijing time.
Echelon Prime (PRIME) will unlock about 1.66 million tokens, representing 4.43% of the circulating supply, valued at approximately $30 million, at 8 a.m. on April 30 Beijing time. dydx (DYDX) will unlock about 33.33 million tokens, accounting for 10.72% of the circulating supply, valued at approximately $71 million, at 8 a.m. on May 1 Beijing time.
ZetaChain (ZETA) will unlock about 5.29 million tokens, representing 2.24% of the circulating supply, valued at approximately $6.2 million, at 8 a.m. on May 1 Beijing time. Manta Network (MANTA) will unlock about 1.87 million tokens, accounting for 0.75% of the circulating supply, valued at approximately $3.25 million, at 7:59 a.m. on May 1 Beijing time.
Acala (ACA) will unlock about 27.43 million tokens, representing 2.85% of the circulating supply, valued at approximately $3 million, at 3 p.m. on May 1 Beijing time. Tornado Cash (TORN) will unlock about 91,000 tokens, accounting for 2.41% of the circulating supply, valued at approximately $250,000, at 11:30 a.m. on May 1 Beijing time.
$OP $ACA $MANTA
#prime #DYDXLong #ScamRiskWarning #BullorBear
Shiba Inu Community Warned Against Misinformation About Unreleased TREAT Token
According to U.Today, the Shiba Inu community has been warned about circulating misinformation concerning the release of the TREAT token. Shibarmy Scam Alerts, a platform dedicated to identifying scams and safeguarding the Shiba Inu community, has issued an urgent alert. The alert emphasizes that the TREAT token has not been officially launched, contrary to recent claims. The Shiba Inu community is urged to exercise caution and avoid any transactions or investments related to TREAT until its release is confirmed by legitimate sources.
The community is also advised to protect their assets by not participating in any unauthorized TREAT-related activities and by prioritizing financial security. Shiba Inu has recently made significant strides, successfully raising $12 million from strategic VC partners led by Cypher Capital to launch its next-gen Fully Homomorphic Encryption (FHE) blockchain, which will be powered by the upcoming TREAT token. The FHE technology, which enables computations on encrypted data, could revolutionize privacy and trust in cryptocurrency.
However, the anticipation surrounding the TREAT token also brings significant risk, hence the urgent alert. The Shiba Inu community is reminded that any claims of the TREAT token being released are false as the SHIB team has not initiated any such launch. They should also rely only on official announcements for accurate information regarding the TREAT launch.
In other news, the Shiba Inu decentralized exchange ShibaSwap has migrated to Shibarium, marking a significant step forward in ShibaSwap's progress and enabling new possibilities and innovation on the Shibarium blockchain.
$SHIB #shib $BTC $SOL #ScamRiskWarning #BinanceLaunchpool
According to U.Today, the Shiba Inu community has been warned about circulating misinformation concerning the release of the TREAT token. Shibarmy Scam Alerts, a platform dedicated to identifying scams and safeguarding the Shiba Inu community, has issued an urgent alert. The alert emphasizes that the TREAT token has not been officially launched, contrary to recent claims. The Shiba Inu community is urged to exercise caution and avoid any transactions or investments related to TREAT until its release is confirmed by legitimate sources.
The community is also advised to protect their assets by not participating in any unauthorized TREAT-related activities and by prioritizing financial security. Shiba Inu has recently made significant strides, successfully raising $12 million from strategic VC partners led by Cypher Capital to launch its next-gen Fully Homomorphic Encryption (FHE) blockchain, which will be powered by the upcoming TREAT token. The FHE technology, which enables computations on encrypted data, could revolutionize privacy and trust in cryptocurrency.
However, the anticipation surrounding the TREAT token also brings significant risk, hence the urgent alert. The Shiba Inu community is reminded that any claims of the TREAT token being released are false as the SHIB team has not initiated any such launch. They should also rely only on official announcements for accurate information regarding the TREAT launch.
In other news, the Shiba Inu decentralized exchange ShibaSwap has migrated to Shibarium, marking a significant step forward in ShibaSwap's progress and enabling new possibilities and innovation on the Shibarium blockchain.
$SHIB #shib $BTC $SOL #ScamRiskWarning #BinanceLaunchpool
Cardano Cryptocurrency May Be Undervalued, Suggests Supply-In-Profit Metric
According to U.Today, Cardano (ADA), currently the 10th largest cryptocurrency by market capitalization, may be significantly undervalued, as suggested by a key metric known as the 'percentage of supply in profit'. This metric is determined by comparing the acquisition price of each unit of cryptocurrency against its current price, and then assessing what proportion of the supply is currently in profit. A high supply-to-profit ratio typically indicates that most holders bought the asset at lower prices.
These ratios can surge during bull markets, such as from October 2023 to March 2024, and a surge is often associated with overbought indicators. However, the supply-in-profit percentage indicator is most effective when used in conjunction with other metrics, like whale accumulation and MVRV. On-chain analytics firm Santiment recently shared the supply-in-profit percentages for major cryptocurrencies Bitcoin, Ethereum, XRP, Cardano, Dogecoin, and Chainlink as 89.9%, 84%, 77%, 51.9%, 76.7%, and 78.2%, respectively.
Santiment suggests monitoring cryptocurrencies with lower-end supply in profits, as they can often indicate undervaluation compared to the rest of the markets. This could apply to Cardano, which is showing a lower supply in percentage compared to other major cryptocurrencies. The supply-in-profit percentage presented suggests that 51.9% of circulating ADA is 'in profit.' This could indicate a potential price rebound for Cardano. At the time of writing, Cardano was down 3% in the last 24 hours to $0.453 and down 6.52% in the last seven days. Cardano is also significantly below its all-time high, down 85.38% from the ATH of $3.10 reached on Sept. 2, 2021.
Recent analysis from on-chain analytics firm IntoTheBlock indicates that ADA 'stands out' among other Layer 1 networks, with only 35% of holders in profit. Whether this is an opportunity or a warning sign remains to be seen.
$ADA $MATIC $BTC
#Megadrop #BinanceLaunchpool #ScamRiskWarning #matic #ada
According to U.Today, Cardano (ADA), currently the 10th largest cryptocurrency by market capitalization, may be significantly undervalued, as suggested by a key metric known as the 'percentage of supply in profit'. This metric is determined by comparing the acquisition price of each unit of cryptocurrency against its current price, and then assessing what proportion of the supply is currently in profit. A high supply-to-profit ratio typically indicates that most holders bought the asset at lower prices.
These ratios can surge during bull markets, such as from October 2023 to March 2024, and a surge is often associated with overbought indicators. However, the supply-in-profit percentage indicator is most effective when used in conjunction with other metrics, like whale accumulation and MVRV. On-chain analytics firm Santiment recently shared the supply-in-profit percentages for major cryptocurrencies Bitcoin, Ethereum, XRP, Cardano, Dogecoin, and Chainlink as 89.9%, 84%, 77%, 51.9%, 76.7%, and 78.2%, respectively.
Santiment suggests monitoring cryptocurrencies with lower-end supply in profits, as they can often indicate undervaluation compared to the rest of the markets. This could apply to Cardano, which is showing a lower supply in percentage compared to other major cryptocurrencies. The supply-in-profit percentage presented suggests that 51.9% of circulating ADA is 'in profit.' This could indicate a potential price rebound for Cardano. At the time of writing, Cardano was down 3% in the last 24 hours to $0.453 and down 6.52% in the last seven days. Cardano is also significantly below its all-time high, down 85.38% from the ATH of $3.10 reached on Sept. 2, 2021.
Recent analysis from on-chain analytics firm IntoTheBlock indicates that ADA 'stands out' among other Layer 1 networks, with only 35% of holders in profit. Whether this is an opportunity or a warning sign remains to be seen.
$ADA $MATIC $BTC
#Megadrop #BinanceLaunchpool #ScamRiskWarning #matic #ada
Biggest scam in crypto history
Yes that's a really concerning and sad situation with the OneCoin scam. The story of Ruja Ignatova, also known as the "Cryptoqueen," and the way she orchestrated the Ponzi scheme is truly shocking. It's devastating to hear that over 3 million people fell victim to this scam, resulting in significant financial losses.
Ruja Ignatova's ability to lure in investors with false promises and charisma is a stark reminder of how important it is to thoroughly research any investment opportunity, especially in the cryptocurrency world. The way she portrayed OneCoin as a revolutionary cryptocurrency, while in reality, it lacked the essential features of a legitimate digital asset, is a cautionary tale for everyone.
The use of multi-level marketing tactics and the manipulation of investors through extravagant events and endorsements only added to the deception. It's unfortunate that so many individuals suffered severe financial consequences due to this fraudulent scheme.
The fact that Ruja Ignatova vanished in 2017 as authorities started investigating OneCoin further adds to the mystery and tragedy of the whole situation. The aftermath of the OneCoin scam, with billions of dollars lost and lives disrupted, underscores the importance of due diligence and skepticism in the crypto space. It's crucial to stay informed and vigilant to avoid falling prey to similar scams in the future. #StaySafeInCrypto 🛡️
#ScamRiskWarning
#Megadrop
#BTC
#bitcoin $BTC $ETH $SOL
Yes that's a really concerning and sad situation with the OneCoin scam. The story of Ruja Ignatova, also known as the "Cryptoqueen," and the way she orchestrated the Ponzi scheme is truly shocking. It's devastating to hear that over 3 million people fell victim to this scam, resulting in significant financial losses.
Ruja Ignatova's ability to lure in investors with false promises and charisma is a stark reminder of how important it is to thoroughly research any investment opportunity, especially in the cryptocurrency world. The way she portrayed OneCoin as a revolutionary cryptocurrency, while in reality, it lacked the essential features of a legitimate digital asset, is a cautionary tale for everyone.
The use of multi-level marketing tactics and the manipulation of investors through extravagant events and endorsements only added to the deception. It's unfortunate that so many individuals suffered severe financial consequences due to this fraudulent scheme.
The fact that Ruja Ignatova vanished in 2017 as authorities started investigating OneCoin further adds to the mystery and tragedy of the whole situation. The aftermath of the OneCoin scam, with billions of dollars lost and lives disrupted, underscores the importance of due diligence and skepticism in the crypto space. It's crucial to stay informed and vigilant to avoid falling prey to similar scams in the future. #StaySafeInCrypto 🛡️
#ScamRiskWarning
#Megadrop
#BTC
#bitcoin $BTC $ETH $SOL
$MATIC
Market analysis for #Matic
It seems like MATIC has been struggling to regain its previous high positions in the market. Despite a recent 4.43% increase in the last 24 hours, MATIC is still trading at $0.7115, which is 76% below its all-time high of $2.92. The token has faced a 32% decline this month, and its trading volume has also decreased by 20% recently, standing at $270,525,611.
Analysts suggest that the closest support level for MATIC is at $0.60, with a resistance zone around $0.75, which was previously a support level. The price charts currently show no clear signs of bullish behavior, indicating that MATIC is in a neutral zone. Despite a strong performance in March when the token briefly surpassed $1, it has struggled to maintain higher values.
Given the recent trends and market conditions, it's challenging to predict with certainty whether MATIC will stage a significant comeback soon. The crypto market can be quite unpredictable, so it's essential to keep a close watch on any developments or announcements related to MATIC. What are your thoughts on MATIC's future prospects? #CryptoInsights
#ScamRiskWarning
#BTC
#Megadrop $BTC $ETH
Market analysis for #Matic
It seems like MATIC has been struggling to regain its previous high positions in the market. Despite a recent 4.43% increase in the last 24 hours, MATIC is still trading at $0.7115, which is 76% below its all-time high of $2.92. The token has faced a 32% decline this month, and its trading volume has also decreased by 20% recently, standing at $270,525,611.
Analysts suggest that the closest support level for MATIC is at $0.60, with a resistance zone around $0.75, which was previously a support level. The price charts currently show no clear signs of bullish behavior, indicating that MATIC is in a neutral zone. Despite a strong performance in March when the token briefly surpassed $1, it has struggled to maintain higher values.
Given the recent trends and market conditions, it's challenging to predict with certainty whether MATIC will stage a significant comeback soon. The crypto market can be quite unpredictable, so it's essential to keep a close watch on any developments or announcements related to MATIC. What are your thoughts on MATIC's future prospects? #CryptoInsights
#ScamRiskWarning
#BTC
#Megadrop $BTC $ETH
Guys #MATIC.USDT $MATIC is showing upward trend its right time to buy #matic there is resistance at 0.7500 to 0.7600 if it crosses that limit it will go to 1 and its potential can lead to 2+. It’s time to buy.
It is not financial advice I am posting this as per my analysis and I have invested my major capital for matic. Before investing do your own risk assessment.
If you find it good analysis press like and share $BTC $ETH #ScamRiskWarning #BullorBear #BTC
It is not financial advice I am posting this as per my analysis and I have invested my major capital for matic. Before investing do your own risk assessment.
If you find it good analysis press like and share $BTC $ETH #ScamRiskWarning #BullorBear #BTC
Which coins to buy for bull run
Here is the list of coins manage your assets for purchase.
Let's make some money! Here's a guide to coin trading for beginners. You have a variety of coins to choose from for immediate purchase, intermediate stage options, and final options. Remember to research each coin carefully before making any investment decisions. If you need help analyzing any specific coins or want trading tips, feel free to ask!
Beginner's guide to coin trading.
Coins available for immediate purchase:
1: $ADA
2: $KAS
3: $CELO
4: $AZERO
5: $DOT
6: $MANTA
7: $PROPC
8: $ALT
9: $SPCT
10: $METIS
11: $ATOM
12: $SUD
13: $ARB
14: $TIA
15: $OCEAN
16: $UNI
17: $ROSA
18: $HBAR
19: $WOO
20: $LINK
Intermediate stage options:
1: $OP
2: $MNT
3: $SEI
4: $SUI
5: $STRK
6: $ORDI
7: $XRP
8: $IMX
9: $BNB
10: $PERTO
Final options:
1: $SOL
2: $AVAX
3: $BTC
4: $ETH
5: $TAO
6: $INJ
7: $FET
8: $AGIX
9: $WIF
10: $AR
11: $PEPE
#BullorBear
#Metaverse
#Memecoins
#Megadrop
#BinanceLaunchpool
Note : I am not financially adviser it is my own analysis for my self where I am investing.
If you think suitable you can buy too.
Before purchasing do your own research and analysis.
Trading is very risky and manage your assets accordingly
Here is the list of coins manage your assets for purchase.
Let's make some money! Here's a guide to coin trading for beginners. You have a variety of coins to choose from for immediate purchase, intermediate stage options, and final options. Remember to research each coin carefully before making any investment decisions. If you need help analyzing any specific coins or want trading tips, feel free to ask!
Beginner's guide to coin trading.
Coins available for immediate purchase:
1: $ADA
2: $KAS
3: $CELO
4: $AZERO
5: $DOT
6: $MANTA
7: $PROPC
8: $ALT
9: $SPCT
10: $METIS
11: $ATOM
12: $SUD
13: $ARB
14: $TIA
15: $OCEAN
16: $UNI
17: $ROSA
18: $HBAR
19: $WOO
20: $LINK
Intermediate stage options:
1: $OP
2: $MNT
3: $SEI
4: $SUI
5: $STRK
6: $ORDI
7: $XRP
8: $IMX
9: $BNB
10: $PERTO
Final options:
1: $SOL
2: $AVAX
3: $BTC
4: $ETH
5: $TAO
6: $INJ
7: $FET
8: $AGIX
9: $WIF
10: $AR
11: $PEPE
#BullorBear
#Metaverse
#Memecoins
#Megadrop
#BinanceLaunchpool
Note : I am not financially adviser it is my own analysis for my self where I am investing.
If you think suitable you can buy too.
Before purchasing do your own research and analysis.
Trading is very risky and manage your assets accordingly
Current market analysis
As per the crypto market update, Bitcoin has strong support levels at $59500 and $62800, indicating buyers are present at these levels. On the other hand, Bitcoin faces resistance at $71200 and $67200, suggesting selling pressure. It's crucial to monitor these levels when planning your next moves with your funds. The analysis shows that Bitcoin is currently trading at 64727 on the 4-hour chart, with a dominance of 53.3%, an RSI of 46.69, a total market cap of 2.38T, and a 0.63% increase over the last day. Make sure to adjust your trades based on this market update. If you need further clarification or have any specific queries, feel free to ask!
$BTC $ETH $BNB
#BinanceLaunchpool
#bitcoinhalving
#BullorBear
#BTC
#bitcoin
As per the crypto market update, Bitcoin has strong support levels at $59500 and $62800, indicating buyers are present at these levels. On the other hand, Bitcoin faces resistance at $71200 and $67200, suggesting selling pressure. It's crucial to monitor these levels when planning your next moves with your funds. The analysis shows that Bitcoin is currently trading at 64727 on the 4-hour chart, with a dominance of 53.3%, an RSI of 46.69, a total market cap of 2.38T, and a 0.63% increase over the last day. Make sure to adjust your trades based on this market update. If you need further clarification or have any specific queries, feel free to ask!
$BTC $ETH $BNB
#BinanceLaunchpool
#bitcoinhalving
#BullorBear
#BTC
#bitcoin