LIVE
RoYoK
@RoYoK
Content Creator | News on Crypto World | Web3 | Research | 🐦 Twitter: @RoYoK8
Following
Followers
Liked
Shared
See original
PINNED
Trending
Learn to read the RSI indicator: The Great Lie Detector of the Market
What is RSI?
The RSI is a momentum-based oscillator that captures the speed and change of price movements. It operates on a scale of 0 to 100, and if you know how to read it, it's like getting an X-ray view of market moods. The best part? It's super easy to use: just place it on any chart, on any time frame, and let it do its thing.
The numbers
Above 70: Overbought Alert! If the RSI shows a reading above 70, the trading instrument may have been partying too long. Anything above 70 means it is flashing “overbought,” like a sugar high about to crash. Traders who follow the RSI often interpret this as a signal to sell and exit the asset before the line changes course and dips back below the high water mark. Sometimes, however, the price continues to rise well above 70.
The RSI is a momentum-based oscillator that captures the speed and change of price movements. It operates on a scale of 0 to 100, and if you know how to read it, it's like getting an X-ray view of market moods. The best part? It's super easy to use: just place it on any chart, on any time frame, and let it do its thing.
The numbers
Above 70: Overbought Alert! If the RSI shows a reading above 70, the trading instrument may have been partying too long. Anything above 70 means it is flashing “overbought,” like a sugar high about to crash. Traders who follow the RSI often interpret this as a signal to sell and exit the asset before the line changes course and dips back below the high water mark. Sometimes, however, the price continues to rise well above 70.
PINNED
Trending
AltLayer Token: Everything you need to know before investing and Price prediction.
Hello Community! Yesterday was a super great day and feel very happy to have been able to obtain $ALT Tokens through the LaunchPool that Binance held!I will tell you about my experience, prediction price and my profits obtained by staking money that I had static! Having obtained more than 100 $ALT Tokens was impressive, maintaining a stable lateral trend of $0.30, would be talking about more than 10% profit by having participated in the LaunchPool Staking. January 25, 2024, key date for the lis
🥳 My prize for participating in Audio Live contest has finally arrived!!
🌟 In the holiday season, it's my Christmas present! I'm very happy to be part of Binance!
🫡 Decree that this coming 2025 will be a year full of travels along with my Binance suitcase!!
Thank you very much Binance!!
-
It was very interactive to use the new Audio Live feature, during that period interacted with my audience and it was a great experience, currently it is the best platform to do AMAs with great projects!
@Richard Teng @Binance Angels @币安Binance华语
#BinanceSquareFamily #BinanceSquare $BNB
🌟 In the holiday season, it's my Christmas present! I'm very happy to be part of Binance!
🫡 Decree that this coming 2025 will be a year full of travels along with my Binance suitcase!!
Thank you very much Binance!!
-
It was very interactive to use the new Audio Live feature, during that period interacted with my audience and it was a great experience, currently it is the best platform to do AMAs with great projects!
@Richard Teng @Binance Angels @币安Binance华语
#BinanceSquareFamily #BinanceSquare $BNB
LIVE
Binance Square Official
--
Turn on Audio Live, Win Exclusive Swag
Dear Binancers,
Thank you for your continued support, and we are pleased to recommend our new feature "Audio Live" , and prepared a special campaign"Streamer Contest" for you.
Are you the Streamer we are looking for?
Now is the time! Start a hearty Audio Live broadcast now, interact with Web3 friends together, and have a chance to win Exclusive Binance Swag!
Reference direction of the launch theme:
"Industry trends and experiences of making profits, projects you are optimistic about, discussing the joy of memes, BNB's staking mechanism, the NFT Renaissance," and so on. Please feel free to chat about anything related to Web3.
Rewards:
First Prize 🥇*3: Total Online Views> 8,000 : Binance Camping Exclusive Swag
Second Prize 🥇*5: Total Online Views> 6,000 : Binance 7th Anniversary Exclusive Swag
Third Prize 🥇*8: Total Online Views> 3,000 : Binance Travel Tote Exclusive Swag
Event Period: August 6, 2024, 00:00—September 6, 2024, 00:00 (UTC)
Here's a diagram of how the feature works:
Please read the Terms & Conditions carefully:
1. Only creators over 1,000 followers can initiate Audio Live broadcast, but all users can join as speakers.
2.This campaign may not be available in your region.
3. Audio Live initiated during the event period are eligible for eligible campaign content.
4. According to the total online number of views, the winners will be selected and ranked in descending order, and rewards will be distributed within 30 working days after the end of the event.
5. Any abuse of the Audio Live function and the opening of Audio Live that is not related to the industry will result in exclusion from the event.
6. You can start a number of high-quality live broadcasts on different topics to increase your probability of winning.
7. All eligible users will receive a message notification from the Assistant Notification, distribute the Swag to you separately within 30 working days.
8. Binance reserves the right to disqualify any account that violates Binance Square's Community Guidelines or Terms and Conditions.
9. Binance reserves the right to modify or change these terms and conditions at any time at its sole discretion without prior notice, including, but not limited to, canceling, extending, terminating, or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any action to be taken, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this event.
Thank you for your continued support, and we are pleased to recommend our new feature "Audio Live" , and prepared a special campaign"Streamer Contest" for you.
Are you the Streamer we are looking for?
Now is the time! Start a hearty Audio Live broadcast now, interact with Web3 friends together, and have a chance to win Exclusive Binance Swag!
Reference direction of the launch theme:
"Industry trends and experiences of making profits, projects you are optimistic about, discussing the joy of memes, BNB's staking mechanism, the NFT Renaissance," and so on. Please feel free to chat about anything related to Web3.
Rewards:
First Prize 🥇*3: Total Online Views> 8,000 : Binance Camping Exclusive Swag
Second Prize 🥇*5: Total Online Views> 6,000 : Binance 7th Anniversary Exclusive Swag
Third Prize 🥇*8: Total Online Views> 3,000 : Binance Travel Tote Exclusive Swag
Event Period: August 6, 2024, 00:00—September 6, 2024, 00:00 (UTC)
Here's a diagram of how the feature works:
Please read the Terms & Conditions carefully:
1. Only creators over 1,000 followers can initiate Audio Live broadcast, but all users can join as speakers.
2.This campaign may not be available in your region.
3. Audio Live initiated during the event period are eligible for eligible campaign content.
4. According to the total online number of views, the winners will be selected and ranked in descending order, and rewards will be distributed within 30 working days after the end of the event.
5. Any abuse of the Audio Live function and the opening of Audio Live that is not related to the industry will result in exclusion from the event.
6. You can start a number of high-quality live broadcasts on different topics to increase your probability of winning.
7. All eligible users will receive a message notification from the Assistant Notification, distribute the Swag to you separately within 30 working days.
8. Binance reserves the right to disqualify any account that violates Binance Square's Community Guidelines or Terms and Conditions.
9. Binance reserves the right to modify or change these terms and conditions at any time at its sole discretion without prior notice, including, but not limited to, canceling, extending, terminating, or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any action to be taken, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this event.
See original
🔮🚀 Solana crushes Ethereum in DEX for three consecutive months!
📅 In December, Solana continued to outperform Ethereum in the decentralized exchange (DEX) industry for the third consecutive month.
Thanks to the growing popularity of memecoins, Solana recorded record transaction volumes, thereby consolidating its position against crypto giants like Ethereum.
In December 2024, Solana's transaction volume reached over 97 billion dollars, far above the 22.6 billion dollars registered in the same period of the previous year.
☝️ Notably, it was the third consecutive month that Solana surpassed Ethereum, which had dominated the crypto industry for years. Ethereum protocols recorded a volume of over 74 billion dollars, while Base and Arbitrum processed 42 billion and 37 billion dollars, respectively.
In November, Solana also performed well, with a volume of 129 billion dollars in its DEX networks, higher than Ethereum's 70.6 billion dollars. A month earlier, Solana processed a volume of 52 billion dollars, compared to 41 billion dollars for Ethereum.
The increase in Solana's DEX volume is due to the memecoin industry, which has continued to thrive this year. Solana has attracted thousands of memecoins this year, aided by the creation of Pump.fun, the largest token generator.
All Solana crypto memes have a market capitalization of over 14.1 billion dollars, led by Bonk, Dogwifhat, Popcat, and Peanut the Squirrel.
#SolanaStrong
$SOL
📅 In December, Solana continued to outperform Ethereum in the decentralized exchange (DEX) industry for the third consecutive month.
Thanks to the growing popularity of memecoins, Solana recorded record transaction volumes, thereby consolidating its position against crypto giants like Ethereum.
In December 2024, Solana's transaction volume reached over 97 billion dollars, far above the 22.6 billion dollars registered in the same period of the previous year.
☝️ Notably, it was the third consecutive month that Solana surpassed Ethereum, which had dominated the crypto industry for years. Ethereum protocols recorded a volume of over 74 billion dollars, while Base and Arbitrum processed 42 billion and 37 billion dollars, respectively.
In November, Solana also performed well, with a volume of 129 billion dollars in its DEX networks, higher than Ethereum's 70.6 billion dollars. A month earlier, Solana processed a volume of 52 billion dollars, compared to 41 billion dollars for Ethereum.
The increase in Solana's DEX volume is due to the memecoin industry, which has continued to thrive this year. Solana has attracted thousands of memecoins this year, aided by the creation of Pump.fun, the largest token generator.
All Solana crypto memes have a market capitalization of over 14.1 billion dollars, led by Bonk, Dogwifhat, Popcat, and Peanut the Squirrel.
#SolanaStrong
$SOL
See original
🥺✨️Hopes for a "Santa rally" of Bitcoin have faded after the price hit a December low🚀
🗣 Bitcoin has fallen 14.5% since its peak this month, as the cryptocurrency plummeted below $92,500 this week.
Bitcoin dropped to its lowest price since late November, reducing hopes for a “Santa Claus rally,” which has historically generated solid gains during the holiday period in years preceding market cycle peaks.
☝️ It briefly recovered to surpass $95,000 before dropping again to $94,000 during early trading on December 24, and continues with a decline of over 11% in the last week.
Historically, cryptocurrency markets have performed well during the holiday season in bullish market periods, but Bitcoin's disappointing performance in December has dampened hopes for a so-called Santa Claus rally, a price jump during the last five trading days of December into the first two trading days of January.
$BTC
#MarketRebound
🗣 Bitcoin has fallen 14.5% since its peak this month, as the cryptocurrency plummeted below $92,500 this week.
Bitcoin dropped to its lowest price since late November, reducing hopes for a “Santa Claus rally,” which has historically generated solid gains during the holiday period in years preceding market cycle peaks.
☝️ It briefly recovered to surpass $95,000 before dropping again to $94,000 during early trading on December 24, and continues with a decline of over 11% in the last week.
Historically, cryptocurrency markets have performed well during the holiday season in bullish market periods, but Bitcoin's disappointing performance in December has dampened hopes for a so-called Santa Claus rally, a price jump during the last five trading days of December into the first two trading days of January.
$BTC
#MarketRebound
See original
🚨🐋 BTC price at risk of a drop to $20,000: 5 things you need to know about Bitcoin this week🔮
Bitcoin traders are quickly adjusting their short-term outlook on the BTC price as support fails and the BTC/USD price heads even lower than $100,000.
Bitcoin starts the Christmas week on a bearish crossover, as BTC price support weakens and forecasters see the possibility of a significant drop.
A "bearish engulfing" on weekly time frames has traders nervous about the short-term outlook for BTC/USD.
Targets for a possible deeper correction include a return to former all-time highs of around $74,000.
U.S. labor data leads a quiet macro week, but markets are still reeling from last week's aggressive Fed meeting.
Those looking for long-term exposure in BTC have their first buying opportunity in two months, according to data from a dedicated indicator.
🚨$80,000 appears as a short-term target for the BTC price🚨
The holiday periods bring new challenges for cryptocurrency market participants due to extended "off-hours" trading periods.
The absence of the liquidity profile typically available on weekdays can exacerbate upward or downward movements.
Taking a broad view of the liquidity landscape on exchanges, trader and commentator Mark Cullen is now observing two key levels to watch in 2025. One will be painful for the bulls.
$BTC
#MarketRebound
Bitcoin traders are quickly adjusting their short-term outlook on the BTC price as support fails and the BTC/USD price heads even lower than $100,000.
Bitcoin starts the Christmas week on a bearish crossover, as BTC price support weakens and forecasters see the possibility of a significant drop.
A "bearish engulfing" on weekly time frames has traders nervous about the short-term outlook for BTC/USD.
Targets for a possible deeper correction include a return to former all-time highs of around $74,000.
U.S. labor data leads a quiet macro week, but markets are still reeling from last week's aggressive Fed meeting.
Those looking for long-term exposure in BTC have their first buying opportunity in two months, according to data from a dedicated indicator.
🚨$80,000 appears as a short-term target for the BTC price🚨
The holiday periods bring new challenges for cryptocurrency market participants due to extended "off-hours" trading periods.
The absence of the liquidity profile typically available on weekdays can exacerbate upward or downward movements.
Taking a broad view of the liquidity landscape on exchanges, trader and commentator Mark Cullen is now observing two key levels to watch in 2025. One will be painful for the bulls.
$BTC
#MarketRebound
See original
💥 NEW BINANCE LAUNCHPOOL | Get $BIO Tokens passively!
I have prepared this video tutorial where you can learn what a Launchpool is and how to participate in the next event that will be launched. You just have to hold your $FDUSD and $BNB
#BinanceLaunchpool #BioLaunchpool #BIOProtocol
I have prepared this video tutorial where you can learn what a Launchpool is and how to participate in the next event that will be launched. You just have to hold your $FDUSD and $BNB
#BinanceLaunchpool #BioLaunchpool #BIOProtocol
☝️ Being where given the value you deserve!
.
.
🙂↕️ This place is Binance Square!
.
.
A little late 😅 full unboxing of my Binance Swag 7, thankful to Square team for taking me into account!
.
.
We continue to grow and will continue to help Binance grow every day!! Count on me!
.
.
#BinanceSquareFamily @Richard Teng @Binance Angels $BNB
.
.
🙂↕️ This place is Binance Square!
.
.
A little late 😅 full unboxing of my Binance Swag 7, thankful to Square team for taking me into account!
.
.
We continue to grow and will continue to help Binance grow every day!! Count on me!
.
.
#BinanceSquareFamily @Richard Teng @Binance Angels $BNB
See original
😫🚨Bitcoin wobbles: End of the bull rally?
Bitcoin experiences a correction after a strong rally. New catalysts are needed to continue the rises. November and December have been dizzying months for Bitcoin.
📈 The accumulated gains during this period seemed unstoppable, fueling the expectations of many investors. However, this week has put a brake on this euphoria, almost completely erasing the gains from the early weeks of December.
☝️ Is this a cause for alarm? Not necessarily.
It is completely normal for a correction to occur after such a strong rally. Markets operate in cycles. We have seen a meteoric rise and now we are experiencing a adjustment.
Of course, it is important to remember that cryptocurrencies are inherently volatile assets. Large increases are usually accompanied by pullbacks. The crucial thing is to maintain a long-term perspective and not be swayed by panic in the face of these fluctuations.
👀 The Fed halts the party: Bitcoin feels the chill
This week, the headline news was the inflation report from the United States. The numbers came in better than expected, which should initially be good news, right? Well, yes, but with nuances.
The Federal Reserve, seeing that inflation is calming down, decided to maintain its expansive monetary policy, cutting interest rates again. However, the party may be coming to an end sooner than expected. The Fed's "hawks" are already warning that these cuts could be the last for a while.
$BTC
#BTCOutlook
Bitcoin experiences a correction after a strong rally. New catalysts are needed to continue the rises. November and December have been dizzying months for Bitcoin.
📈 The accumulated gains during this period seemed unstoppable, fueling the expectations of many investors. However, this week has put a brake on this euphoria, almost completely erasing the gains from the early weeks of December.
☝️ Is this a cause for alarm? Not necessarily.
It is completely normal for a correction to occur after such a strong rally. Markets operate in cycles. We have seen a meteoric rise and now we are experiencing a adjustment.
Of course, it is important to remember that cryptocurrencies are inherently volatile assets. Large increases are usually accompanied by pullbacks. The crucial thing is to maintain a long-term perspective and not be swayed by panic in the face of these fluctuations.
👀 The Fed halts the party: Bitcoin feels the chill
This week, the headline news was the inflation report from the United States. The numbers came in better than expected, which should initially be good news, right? Well, yes, but with nuances.
The Federal Reserve, seeing that inflation is calming down, decided to maintain its expansive monetary policy, cutting interest rates again. However, the party may be coming to an end sooner than expected. The Fed's "hawks" are already warning that these cuts could be the last for a while.
$BTC
#BTCOutlook
See original
🚨Bitcoin Price Correction Reportedly Nearing Completion🚨
☝️ Realized losses by Bitcoin traders have likely peaked, possibly marking the lowest point of the current BTC price slump.
With BTC price falling more than 15% from its all-time high, one analyst said that the bulk of the correction may be over for the largest cryptocurrency.
Bitcoin Correction Is 'Almost Over,' Says AnalystWith Bitcoin price falling below $93,000 on Dec. 20, Captain Faibik, an independent cryptocurrency trader, said that the BTC correction was nearing its conclusion
😫Bitcoin Realized Losses Hit $28.9 Million😫
With selling pressure mounting hourly, the volume of realized losses also surpassed its weekly average.
Axel Adler Jr, a Bitcoin on-chain analyst, highlighted that BTC realized losses over the past 5 days reached $28.9 million, 320% above its weekly average in 2024. The $28 million mark has only been surpassed 10 times this year.
$BTC
#BTCNextMove
☝️ Realized losses by Bitcoin traders have likely peaked, possibly marking the lowest point of the current BTC price slump.
With BTC price falling more than 15% from its all-time high, one analyst said that the bulk of the correction may be over for the largest cryptocurrency.
Bitcoin Correction Is 'Almost Over,' Says AnalystWith Bitcoin price falling below $93,000 on Dec. 20, Captain Faibik, an independent cryptocurrency trader, said that the BTC correction was nearing its conclusion
😫Bitcoin Realized Losses Hit $28.9 Million😫
With selling pressure mounting hourly, the volume of realized losses also surpassed its weekly average.
Axel Adler Jr, a Bitcoin on-chain analyst, highlighted that BTC realized losses over the past 5 days reached $28.9 million, 320% above its weekly average in 2024. The $28 million mark has only been surpassed 10 times this year.
$BTC
#BTCNextMove
See original
🌐 Worldcoin will have to delete all iris scans in exchange for cryptocurrency 🪙
🚨 Bavarian data protection agency, in collaboration with the Spanish AEPD, orders deletion in application of the European General Data Protection Regulation
The company Worldcoin, promoted by the CEO of OpenAI, Sam Altman, will have to delete the irises scanned from European citizens in exchange for 30 euros in cryptocurrency.
The data protection authority of the German state of Bavaria, the Bayerisches Landesamt für Datenschutzaufsicht (BayLDA), has declared that the company violated several articles of the EU General Data Protection Regulation (GDPR).
🇪🇸 The Spanish Data Protection Agency (AEPD) has actively collaborated in this case.
The agency notes that the company did not implement the necessary measures to prevent the processing of data of minors and therefore maintains an open additional investigation that is still pending resolution.
☝️ Finally, the Bavarian regulator also foresees a series of fines in case these orders are not achieved, apart from the sanctions that could be imposed for not using the GDPR.
#worldcoinnews $WLD #Worldcoin
🚨 Bavarian data protection agency, in collaboration with the Spanish AEPD, orders deletion in application of the European General Data Protection Regulation
The company Worldcoin, promoted by the CEO of OpenAI, Sam Altman, will have to delete the irises scanned from European citizens in exchange for 30 euros in cryptocurrency.
The data protection authority of the German state of Bavaria, the Bayerisches Landesamt für Datenschutzaufsicht (BayLDA), has declared that the company violated several articles of the EU General Data Protection Regulation (GDPR).
🇪🇸 The Spanish Data Protection Agency (AEPD) has actively collaborated in this case.
The agency notes that the company did not implement the necessary measures to prevent the processing of data of minors and therefore maintains an open additional investigation that is still pending resolution.
☝️ Finally, the Bavarian regulator also foresees a series of fines in case these orders are not achieved, apart from the sanctions that could be imposed for not using the GDPR.
#worldcoinnews $WLD #Worldcoin
See original
#Solana processes a record number of transactions after launching $PENGU
🟣 Solana sets a new record for daily transactions.
Following the launch of the memecoin PENGU, the network processed 66.9 million transfers.
A cryptocurrency from the NFT collection of Pudgy Penguins has attracted a large number of cryptocurrency enthusiasts.
☝️ The Solana network recorded an all-time high in the number of daily transactions.
The increase in activity is associated with the launch of the PENGU token from the NFT collection of Pudgy Penguins.
🚀 This week, the number of daily transactions on the Solana blockchain reached 66.9 million, the highest number since the network started in 2020.
#Pengu drives activity on Solana.
The launch of the memecoin PENGU from Pudgy Penguins caused a great stir among cryptocurrency enthusiasts.
The airdrop started on Tuesday. In the first hour, more than 100 thousand users received free cryptocurrencies.
Meanwhile, the NFT project's website was visited more than 4.7 million times during this time.
$SOL
🟣 Solana sets a new record for daily transactions.
Following the launch of the memecoin PENGU, the network processed 66.9 million transfers.
A cryptocurrency from the NFT collection of Pudgy Penguins has attracted a large number of cryptocurrency enthusiasts.
☝️ The Solana network recorded an all-time high in the number of daily transactions.
The increase in activity is associated with the launch of the PENGU token from the NFT collection of Pudgy Penguins.
🚀 This week, the number of daily transactions on the Solana blockchain reached 66.9 million, the highest number since the network started in 2020.
#Pengu drives activity on Solana.
The launch of the memecoin PENGU from Pudgy Penguins caused a great stir among cryptocurrency enthusiasts.
The airdrop started on Tuesday. In the first hour, more than 100 thousand users received free cryptocurrencies.
Meanwhile, the NFT project's website was visited more than 4.7 million times during this time.
$SOL
See original
🚀 The price of #BNB is set for a 25% increase 💸
The BNB token has enjoyed an 87% increase since the beginning of the year and could rise to new heights.
The path of Binance Coin towards price movements echoes Solana. While the price of BNB has remained relatively stable, Solana's price has increased by nearly 5% in the last 24 hours, making it the best-performing asset among the top 10 cryptocurrencies.
☝️ This increase occurred despite the uncertainty across the market, demonstrating Solana's ability to defy expectations.
BNB price outlook: aiming for $730 An examination of BNB's technical setup reveals an ascending triangle pattern, a bullish indicator that often forms during an uptrend.
This pattern is characterized by a series of higher lows, forming an upward trend line, and horizontal resistance at the top, suggesting increasing buying strength.
#Write2Earn
$BNB
The BNB token has enjoyed an 87% increase since the beginning of the year and could rise to new heights.
The path of Binance Coin towards price movements echoes Solana. While the price of BNB has remained relatively stable, Solana's price has increased by nearly 5% in the last 24 hours, making it the best-performing asset among the top 10 cryptocurrencies.
☝️ This increase occurred despite the uncertainty across the market, demonstrating Solana's ability to defy expectations.
BNB price outlook: aiming for $730 An examination of BNB's technical setup reveals an ascending triangle pattern, a bullish indicator that often forms during an uptrend.
This pattern is characterized by a series of higher lows, forming an upward trend line, and horizontal resistance at the top, suggesting increasing buying strength.
#Write2Earn
$BNB
See original
🚨A trader predicts a drop in BTC price while maintaining the $100K level💸
🗣 Bearish rumors about BTC price have resurfaced after the Federal Reserve soured the environment for Bitcoin and risk assets.
☝️The Federal Reserve halts Bitcoin's bull market
Data from Cointelegraph Markets Pro and TradingView showed a 2% gain in BTC price compared to the daily opening.
The day before, bitcoin had joined a liquidation of crypto assets and risk assets at the hands of the U.S. Federal Reserve, during which the BTC/USD pair fell to a low of USD 98,695 on Bitstamp.
📈 The blow came from Fed Chair Jerome Powell, who expressed hesitance about future interest rate cuts amid a rise in several inflation indicators.
"With today's action, we have lowered our policy rate by a full percentage point from its peak, and our policy stance is now significantly less restrictive," he said in a prepared statement at the press conference that followed the decision to cut the benchmark interest rate by 0.25%.
$BTC
#BitcoinPrediction
🗣 Bearish rumors about BTC price have resurfaced after the Federal Reserve soured the environment for Bitcoin and risk assets.
☝️The Federal Reserve halts Bitcoin's bull market
Data from Cointelegraph Markets Pro and TradingView showed a 2% gain in BTC price compared to the daily opening.
The day before, bitcoin had joined a liquidation of crypto assets and risk assets at the hands of the U.S. Federal Reserve, during which the BTC/USD pair fell to a low of USD 98,695 on Bitstamp.
📈 The blow came from Fed Chair Jerome Powell, who expressed hesitance about future interest rate cuts amid a rise in several inflation indicators.
"With today's action, we have lowered our policy rate by a full percentage point from its peak, and our policy stance is now significantly less restrictive," he said in a prepared statement at the press conference that followed the decision to cut the benchmark interest rate by 0.25%.
$BTC
#BitcoinPrediction
See original
🟣 Solana Price Prediction: SOL's market cap drops $3B as Trump boosts Ethereum's rebound 🐋💸
📈 The price of Solana fell 4% in 48 hours to reach $225 on Friday, decoupling from the broader resurgence of the altcoin market.
The $3 billion drop in SOL's market cap coincided with the latest cryptocurrency acquisitions backed by Trump from WLFI, drawing investors' attention to the Ethereum ecosystem.
☝️ The average balance in buying addresses increased from 383 SOL to 1,096 SOL, indicating a 186% increase in demand from Solana whales over the past three days. The price of Solana fell 4% in 48 hours to reach $225 on Friday, decoupling from the broader resurgence of the altcoin market.
While the latest cryptocurrency acquisitions backed by Trump from WLFI attracted retail market attention towards the Ethereum ecosystem, on-chain data shows that Solana whales are increasingly buying on the dip.
😫 The 4.6% drop in SOL's price over the last 48 hours has caused it to decouple from the broader altcoin market rebound.
However, vital on-chain metrics show that Solana whales are capitalizing on falling prices to buy on the dip, a move that could trigger a bullish reversal in the coming days.
👀 If SOL successfully breaks above $231, the next target is at the upper band of the DC at $259.
This move could attract strategic traders looking for entry opportunities at current levels.
🤔 However, failure to maintain above $230 could invalidate this bullish outlook.
#Solana $SOL
📈 The price of Solana fell 4% in 48 hours to reach $225 on Friday, decoupling from the broader resurgence of the altcoin market.
The $3 billion drop in SOL's market cap coincided with the latest cryptocurrency acquisitions backed by Trump from WLFI, drawing investors' attention to the Ethereum ecosystem.
☝️ The average balance in buying addresses increased from 383 SOL to 1,096 SOL, indicating a 186% increase in demand from Solana whales over the past three days. The price of Solana fell 4% in 48 hours to reach $225 on Friday, decoupling from the broader resurgence of the altcoin market.
While the latest cryptocurrency acquisitions backed by Trump from WLFI attracted retail market attention towards the Ethereum ecosystem, on-chain data shows that Solana whales are increasingly buying on the dip.
😫 The 4.6% drop in SOL's price over the last 48 hours has caused it to decouple from the broader altcoin market rebound.
However, vital on-chain metrics show that Solana whales are capitalizing on falling prices to buy on the dip, a move that could trigger a bullish reversal in the coming days.
👀 If SOL successfully breaks above $231, the next target is at the upper band of the DC at $259.
This move could attract strategic traders looking for entry opportunities at current levels.
🤔 However, failure to maintain above $230 could invalidate this bullish outlook.
#Solana $SOL
See original
$XRP Would Reach 4 Dollars According to Technical Analysis 🚀🐋
Identification of a Clear Market PatternXRP has surged by 292.55% in 2024, with a price increase from $0.50 to $2.41. Analysts are optimistic about its potential, with price targets reaching $48.
A bullish flag chart pattern suggests that XRP could soon reach $4, although a brief correction may occur before the next rally.
Cryptocurrency analysts believe that XRP has a long-term future, and some project that its price could reach $48. These projections reinforce expectations about XRP's growth within the market, especially as its utility and adoption increase.
📈 Bullish flag patterns are usually considered ongoing bullish signals and, therefore, should indicate that the price will continue to rise in the next period; in the case of XRP, the height of the flagpole, which started around November 29, points to a price target of around $4.
#XRP🚀 #XRP/USDT🔥🔥
Identification of a Clear Market PatternXRP has surged by 292.55% in 2024, with a price increase from $0.50 to $2.41. Analysts are optimistic about its potential, with price targets reaching $48.
A bullish flag chart pattern suggests that XRP could soon reach $4, although a brief correction may occur before the next rally.
Cryptocurrency analysts believe that XRP has a long-term future, and some project that its price could reach $48. These projections reinforce expectations about XRP's growth within the market, especially as its utility and adoption increase.
📈 Bullish flag patterns are usually considered ongoing bullish signals and, therefore, should indicate that the price will continue to rise in the next period; in the case of XRP, the height of the flagpole, which started around November 29, points to a price target of around $4.
#XRP🚀 #XRP/USDT🔥🔥
See original
☝️Riot Platforms bought more than 500 million dollars in Bitcoin 🪙
🐋 The purchase came amid rumors that the Bitcoin mining company was under pressure from activist investor, Starboard Value. On December 12, The Wall Street Journal reported that Starboard urged Riot to repurpose some of its Bitcoin mining capacity to serve artificial intelligence models. Buying BTC has proven to be another way for Bitcoin miners to benefit investors.
"We are committed to creating value for all shareholders, and we look forward to a constructive dialogue with Starboard on ways to achieve this shared goal," Riot stated, according to The Wall Street Journal. If Bitcoin miners pivot towards AI, they could collectively unlock nearly 37 billion dollars in market capitalization, according to VanEck.
In particular, Riot could gain more than 4.8 billion dollars in market capitalization by focusing on serving AI companies, the asset manager estimated.
That would more than double Riot's market capitalization, which stands at around 4.4 billion dollars as of December 13, according to Google Finance.
#Bitcoin! $BTC
🐋 The purchase came amid rumors that the Bitcoin mining company was under pressure from activist investor, Starboard Value. On December 12, The Wall Street Journal reported that Starboard urged Riot to repurpose some of its Bitcoin mining capacity to serve artificial intelligence models. Buying BTC has proven to be another way for Bitcoin miners to benefit investors.
"We are committed to creating value for all shareholders, and we look forward to a constructive dialogue with Starboard on ways to achieve this shared goal," Riot stated, according to The Wall Street Journal. If Bitcoin miners pivot towards AI, they could collectively unlock nearly 37 billion dollars in market capitalization, according to VanEck.
In particular, Riot could gain more than 4.8 billion dollars in market capitalization by focusing on serving AI companies, the asset manager estimated.
That would more than double Riot's market capitalization, which stands at around 4.4 billion dollars as of December 13, according to Google Finance.
#Bitcoin! $BTC
See original
🔶️ Binance recorded massive Bitcoin withdrawals of over 8,000 BTC 🐋🚨
Massive withdrawals ranging from 4,000 BTC to over 8,000 BTC were observed as the price of Bitcoin tested the $100,000 target.
As the price of Bitcoin broke new all-time highs reaching $100,000, massive withdrawals by large investors from the Binance exchange ranged from 4,000 to over 8,000 BTC, according to a recent report by technical analyst "Darkfost" on the on-chain analysis platform CryptoQuant.
The analyst also stated in his post that they have “observed massive withdrawals ranging from 4,000 BTC to over 8,000 BTC while the price of Bitcoin tested the $100k target.”
🚨The supply of BTC at a loss could fall by 50% before a sell signal🚨
Bull markets for Bitcoin tend to end when the profitability of the supply crosses a certain threshold, argues CryptoQuant.
Reviewing the last bull market, which reversed at the end of 2021, contributor Onchain Edge revealed that supply profitability signals were in place for many months.
“When the % of supply loss of BTC falls below 4%, you should start aggressively selling BTC and wait for the next lows of the bear market,” states the accompanying comment.
Do your own research ☝️🪙 $BTC
#Write2Earn
#BTC☀️ #news
#BitcoinKeyZone
Massive withdrawals ranging from 4,000 BTC to over 8,000 BTC were observed as the price of Bitcoin tested the $100,000 target.
As the price of Bitcoin broke new all-time highs reaching $100,000, massive withdrawals by large investors from the Binance exchange ranged from 4,000 to over 8,000 BTC, according to a recent report by technical analyst "Darkfost" on the on-chain analysis platform CryptoQuant.
The analyst also stated in his post that they have “observed massive withdrawals ranging from 4,000 BTC to over 8,000 BTC while the price of Bitcoin tested the $100k target.”
🚨The supply of BTC at a loss could fall by 50% before a sell signal🚨
Bull markets for Bitcoin tend to end when the profitability of the supply crosses a certain threshold, argues CryptoQuant.
Reviewing the last bull market, which reversed at the end of 2021, contributor Onchain Edge revealed that supply profitability signals were in place for many months.
“When the % of supply loss of BTC falls below 4%, you should start aggressively selling BTC and wait for the next lows of the bear market,” states the accompanying comment.
Do your own research ☝️🪙 $BTC
#Write2Earn
#BTC☀️ #news
#BitcoinKeyZone
See original
🪙🚀New York financial regulator approves Ripple's stablecoin, Brad Garlinghouse
👀 Ripple's CEO said that RLUSD trading would be "available soon" on exchanges after the New York Department of Financial Services approved the stablecoin.
Ripple Labs CEO Brad Garlinghouse reported that the New York Department of Financial Services (NYDFS) has approved the firm's RLUSD stablecoin after months of consideration. Ripple executives speculated that the stablecoin could reach a market cap of $2 trillion by 2028.
☝️ The firm began testing RLUSD on the XRP ledger and Ethereum mainnets in August and announced partnerships with exchanges including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish in October.
Garlinghouse appeared on a 60 Minutes segment aired on Dec. 8 to discuss the cryptocurrency industry's role in influencing the 2024 U.S. election.
✨️ Ripple is also involved in an ongoing legal battle with the U.S. Securities and Exchange Commission over XRP token offerings.
#XRP/USDT🔥🔥 #ripple #XRP🚀 #XRPBullRun #BTC☀️ $XRP
👀 Ripple's CEO said that RLUSD trading would be "available soon" on exchanges after the New York Department of Financial Services approved the stablecoin.
Ripple Labs CEO Brad Garlinghouse reported that the New York Department of Financial Services (NYDFS) has approved the firm's RLUSD stablecoin after months of consideration. Ripple executives speculated that the stablecoin could reach a market cap of $2 trillion by 2028.
☝️ The firm began testing RLUSD on the XRP ledger and Ethereum mainnets in August and announced partnerships with exchanges including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish in October.
Garlinghouse appeared on a 60 Minutes segment aired on Dec. 8 to discuss the cryptocurrency industry's role in influencing the 2024 U.S. election.
✨️ Ripple is also involved in an ongoing legal battle with the U.S. Securities and Exchange Commission over XRP token offerings.
#XRP/USDT🔥🔥 #ripple #XRP🚀 #XRPBullRun #BTC☀️ $XRP
See original
🐋Microsoft shareholders vote “no” to Bitcoin reserves🐋
The company’s board of directors opposed the resolution, citing Bitcoin’s alleged volatility as a negative factor.
The National Center for Public Policy Research (NCPPR), a pro-free market think tank based in Washington, D.C., had proposed the resolution, framing it as a corporate duty to provide shareholder value through profit diversification.
🪙☝️ The proposal did note that Bitcoin was “more volatile” than corporate bonds, so it advised against holding “too much of it,” but it also advised against risking shareholder value by “ignoring Bitcoin altogether.”
As such, the NCPPR recommended using between 1% and 5% of the company’s profits to buy Bitcoin. The proposal formally requested that Microsoft “conduct an assessment to determine whether diversifying the company’s balance sheet to include Bitcoin is in the best long-term interests of shareholders.”
🔮💸 However, Microsoft’s board of directors was unfazed before the vote. “Microsoft has robust and appropriate processes in place to manage and diversify its corporate treasury for the long-term benefit of shareholders,” the board wrote in the aforementioned SEC filing, “and this requested public assessment is not warranted.”
#BTC☀️ #Bitcoin❗️ #Write2Earn #XRP/USDT🔥🔥 #ADA $BTC
The company’s board of directors opposed the resolution, citing Bitcoin’s alleged volatility as a negative factor.
The National Center for Public Policy Research (NCPPR), a pro-free market think tank based in Washington, D.C., had proposed the resolution, framing it as a corporate duty to provide shareholder value through profit diversification.
🪙☝️ The proposal did note that Bitcoin was “more volatile” than corporate bonds, so it advised against holding “too much of it,” but it also advised against risking shareholder value by “ignoring Bitcoin altogether.”
As such, the NCPPR recommended using between 1% and 5% of the company’s profits to buy Bitcoin. The proposal formally requested that Microsoft “conduct an assessment to determine whether diversifying the company’s balance sheet to include Bitcoin is in the best long-term interests of shareholders.”
🔮💸 However, Microsoft’s board of directors was unfazed before the vote. “Microsoft has robust and appropriate processes in place to manage and diversify its corporate treasury for the long-term benefit of shareholders,” the board wrote in the aforementioned SEC filing, “and this requested public assessment is not warranted.”
#BTC☀️ #Bitcoin❗️ #Write2Earn #XRP/USDT🔥🔥 #ADA $BTC
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
BinanceAlphaAlert
15.5M views
12,399 Posts
Binance Alpha Unveils Sixth Batch of Project Tokens: YNE, GOUT, and GAME
Binance News
44 Likes
18.7k views
GrayscaleHorizenTrust
1.6M views
2,069 Posts
MarketRebound
3.3M views
12,557 Posts
