The Ripple Vs. SEC Saga Heats Up: Whale Transfers and Investor Anticipation Trending The legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) flares up, and investors’ demand for more clarification in the XRP lawsuit rises. Strikingly, the latest news, such as a big move of 28.24 million worth of XRP by an anonymous whale to the Bitstamp exchange, have spiked up the rumors. While investors are waiting for SEC’s response brief to be released later on May 6, the community is rife with speculations and theorizing
5 Things We’ve Learned Since the Bitcoin Halving Trending The halving turned out to be a “sell the news” event for BTC — and with continued uncertainty around interest rates, a fresh rally may be some time off. It’s been two weeks since the Bitcoin halving — and in the short term at least, this rare event hasn’t delivered the explosion in price that bulls were hoping for.
50 RWA Projects Poised for 20-100x Growth in the 2024 Bull Run Cycle Trending According to renowned crypto analyst Immortal, 50 projects in the Real World Assets (RWA) sector are set to experience a 20-100x price appreciation during this upcoming bull market.
I lost 90% of my net worth because I was stupid and didn't take profits Trending In my first bull run, I lost 90% of my net worth because I was stupid and didn't take profits... Many can tell you when to buy, but nobody says when to sell. I spent months studying how to sell crypto at its ATH. Here's my ultimate strategy 👇🧵 Every crypto bull run tends to follow the same pattern: 99% of people either lose everything or simply leave the market at break-even. This happens because the crypto market is a prime example of human emotions at play, driven by FEAR, GREED, and our "dear" friend called FOMO. While predicting every crypto move with precision is impossible, having a solid understanding of market structure and some rules can help you secure profits and close positions at the best possible times. Today, we will delve into the following topics: 👉Market cycle model 👉When to sell BTC/ETH/altcoins/memes 👉Important rules to keep in mind How Market Cycles Work: The price of BTC, like any other asset, moves following specific patterns. This cycle repeats due to human emotions, particularly FOMO. The diagram below illustrates the emotions traders go through at different time intervals. While minor variations may occur with each token, the underlying emotions remain consistent. It's crucial to recognize when alts are starting to really skyrocketing. During a bullish phase for altcoins, you could potentially earn 100x times more than with BTC or ETH, as they have the potential to yield not just 2x but up to a 1000x return
Satoshi Nakamoto’s Partner Reveals Bitcoin’s True Purpose Trending Martti Malmi, also known as Sirius, an early student of pseudonymous Bitcoin creator Satoshi Nakamoto, recently disclosed over 250 emails with Satoshi, providing valuable insights into the early days of Bitcoin and Satoshi’s vision for the cryptocurrency. According to the emails, Satoshi emphasized that Bitcoin is not meant to be an investment or a way to make money. Instead, its true purpose is to create a peer-to-peer electronic cash system that allows for secure and decentralized transactions. Notably, in an email dated May 3, 2009, Satoshi wrote, “Bitcoin is a peer-to-peer network based anonymous digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or to keep track of the transactions. Instead, those tasks are managed collectively by the nodes of the network.” Satoshi also highlighted the energy efficiency of Bitcoin’s proof-of-work (PoW) consensus algorithm, stating that it consumes less energy than traditional banking systems. He noted that the PoW algorithm is the only solution to make a peer-to-peer electronic cash system work without a trusted
Ethereum’s Bullish Surge: Analyst Forecasts ETH and Altcoins to Outperform Bitcoin (BTC) Ahead of... Trending CryptoCapo_, a top analyst, highlighted a positive trend in Ethereum’s market performance, noting a strong rebound from the support zone that suggests a bullish continuation for the crypto asset. He emphasized that surpassing the $3,300 level could signal even higher prices ahead, potentially reaching a new all-time high. Additionally, he pointed out the promising outlook of the ETH/BTC pair and suggested that Ethereum and other altcoins might outperform Bitcoin in the coming days. This optimistic forecast aligns with the upcoming decision on the approval of Ethereum ETFs, set for May 23, 2024, which could further influence Ethereum’s market trajectory. Ethereum’s Resilience in Market Trends The resilience of Ethereum is evident from the ascending trend line that has been supporting prices since early 2022. This trend line is crucial as it intersects key levels that might serve as support in the event of a price
FTX transfers $8.3M daily before amended restructuring proposal deadline The now-bankrupt FTX exchange and its sibling trading firm, Alameda Research, transferred $8.3 million on May 6, raising concerns for creditors awaiting recompense. The transfer occurred a day before FTX debtors were expected to release a revised restructuring plan, adding intrigue to a complicated scenario. According to PeckShield notifications, two FTX-linked wallets and Alameda Research transferred funds. The FTX wallet transferred 860 Tether Gold (XAUT) tokens worth over $2 million to algorithmic trading firm Wintermute. An Alameda wallet sent 2,027 Ether, valued over $6.3 million, to two unspecified addresses. These transactions occur at a crucial point in FTX's bankruptcy proceedings, but their purpose
Worldcoin Price Ready to Rally Trending Worldcoin (WLD) exhibits indications of a forthcoming rally, supported by technical indicators signaling a shift towards bullish momentum. Confirmation of this upward movement hinges on surpassing key resistance levels. Worldcoin (WLD) is gearing up for a potential recovery rally. Over the past two weeks, it has displayed signs of an upward trend, suggesting a possible bottom formation and presenting a buying signal. Now, investors are eyeing key levels to monitor for WLD as it progresses to the next stage. Worldcoin (WLD) Signals Potential Reversal Following its all-time high of $11.99 on March 10, Worldcoin (WLD) experienced a downtrend. However, recent developments suggest a potential reversal for this cryptocurrency.