#MarketDownturn
The US market has taken a significant dive, and investors are on edge. Let's break down some of the key factors contributing to this downturn:

* Weak jobs report: A less-than-stellar jobs report has ignited recession fears, impacting market sentiment. The US unemployment rate rose to 4.3%, making investors worried about a possible recession.

* Recession panic: Growing concerns about an impending recession are driving investors to seek safer havens. Consider it as birth pangs before actual labour. 😩🙄

* Trader sell-off: Increased selling pressure from traders is exacerbating the downward trend. Short-term traders like hedge funds guys are selling off. They are not taking it easy at all. It's more like temple run adventure😅😅

* Earnings season hangover: The conclusion of earnings season, with several big companies reporting disappointing results, has dampened investor enthusiasm. The exam is over, and the reports are out. No more confusion! Big companies like Amazon and Intel had bad reports.

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#BTC #Write2Earn

US Bitcoin ETF Approvals – A Game Changer for the Industry?

In a widely publicized decision, the S.E.C. authorized 11 funds to begin trading on Jan. 11. With the approval of the first spot bitcoin ETFs in the U.S., investors worldwide are closely monitoring the potential implications on the broader asset class over the short and the medium to long-term.

Buy the rumour – sell the fact?

Bitcoin led a significant rally in cryptocurrencies over the course of 2023 with a 160% price gain. After a scandal-ridden year of 2022 which saw the demise of 3AC, Celsius, FTX, the ink was not dry on the obituaries as bitcoin staged an impressive comeback. A big driver of the price resurgence was the anticipation of an SEC approval for the first spot bitcoin ETFs in the U.S.. When BlackRock filed for a bitcoin ETF on June 15, 2023, bitcoin jumped by approximately 22% within one week. When it became clear that the S.E.C. would not appeal the ruling of the Court of Appeals on Oct. 23, bitcoin once again surged by 15% within two days. While other factors such as the decrease in U.S. yields in Q4 and a recognition of macro tailwinds contributed to the year-end rally, the main catalyst was indeed the spot ETF. The fixation of the asset class around this binary event was always going to come with some risks. A subsequent lack of narrative would – according to the naysayers - lead to a classic buy-the-rumor-sell-the-fact situation. An entire asset class clinging on to a binary event was the proof that crypto still had a long way to go to become mainstream

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#TrendingTopic #Write2Earn

The evolution of Radix

Unlike conventional platforms, Radix represents a comprehensive suite for DeFi, offering a robust full-stack solution. This solution is the result of dedicated research and continuous development, crafted to address and solve the most pressing challenges of DeFi and Web3.

The challenges Radix aims to overcome include the often-criticized poor user experience that plagues many platforms, alongside concerns regarding security and scalability – issues that have long hindered the broader adoption and growth of DeFi applications. Radix distinguishes itself by being not just a piece of the DeFi puzzle but the entire picture; it simultaneously offers a user-friendly wallet for end-users, a layer-1 network for the broader ecosystem, an intuitive programming language for developers and much more.

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#TrendingTopic $SOL #sol

Process to Create Token on Solana Blockchain:

Whether you are generating a fungible or non-fungible token, producing a token on Solana is not complicated. If you are working on Solana blockchain software development, creating a wallet and then creating your token may be done in only two easy steps.

Creating a Wallet

The intended-to-be-produced coin will be kept in the wallet along with NFTs. Make sure the Solana tool set is installed on your PC before establishing your wallet. Open the terminal in your Mac or Linux operating system and begin with the Solana tool.

Users of Windows should run the command. Create a new folder on your desktop and then set up a wallet to store your wallet’s data. You will be prompted to create a password, but for now keep it blank.

Creation of Token

When you type your token name into the Solana explorer, the “creating a token Your Token” option will show up. Create an account in the wallet you just made before you can get a new token. The token you acquire or earn will be accepted in this wallet’s account.

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$BTC #DYM

Introduction: Seize the $DYM Opportunity

🌟 The Dymension $DYM Airdrop is unfolding now, offering a unique chance to be part of a cutting-edge blockchain project. As an independent commentator, this article will guide you through the process of claiming your $DYM tokens, ensuring you make the most of this exciting opportunity. #DYMAirdrop #CryptoOpportunity

Understanding the Dymension Project

🚀 Dymension is revolutionizing the blockchain space with its innovative approach. This platform stands out for its integration of RollApps, offering enhanced functionality and scalability in the blockchain ecosystem. The $DYM token is a crucial component of this ecosystem, providing users access to the network’s full potential. #BlockchainInnovation #Dymension
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$BTC #BTC

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC to record rash move soon as Bollinger Bands contract

Bitcoin price could fall 5% to the support confluence between 100-day SMA and horizontal line at $40,650 as boring chop continues.

Ethereum price could revisit $2,200, a 4% correction, as the 50-day SMA proves impenetrable.

A retest of the October lows around $0.4734 seems likely for Ripple price as XRP token holders show weakness.  

Bitcoin (BTC) price continues to record a boring chop, trading horizontally, with altcoins such as Ethereum (ETH) mimicking the price action. Meanwhile, Ripple (XRP) price continues to suffer in the hands of unmotivated traders.

Also Read: Week Ahead: Crypto markets to turn volatile as AI steals the spotlight

Bitcoin price likely to fall 5%

Bitcoin (BTC) price is trading within a range, consolidating between the centerline and the upper band of the Bollinger indicator at $41,895 and $44,210, respectively. With the two Bollinger bands contracting, BTC could record an impulsive or rash move soon.

The Relative Strength Index (RSI) is closely bearish, teasing with a cross below the signal line (yellow band). The Moving Average Convergence Divergence (MACD) also appears subdued with miniature volumes on the histogram bars. This is also reflected in the Awesome Oscillator (AO), tilting the odds in favor of the bears.

If the bears have their way, Bitcoin price could descend 5% to find support due to the confluence between the 100-day Simple Moving Average (SMA) and the horizontal line at $40,650. If this level fails to hold as support, BTC could extend the fall into the demand zone between $38,496 and $39,582. A break and close below the midline of this order block at $39,196 would confirm the continuation of the downtrend, potentially going as low as the $37,800 support.

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#RONIN

Cryptocurrencies are still in their early stages at the moment, and there is a lot of optimism around them. An investment frenzy in these digital assets has resulted from the potential of an all-digital future.

However, as demand and popularity have grown, so too have the values of cryptocurrencies, making them quite erratic. It becomes challenging to forecast the future price of a token in such a situation. Nevertheless, we can anticipate the price of Ronin reasonably by looking at previous pricing data and the project’s basic characteristics.

If you’re looking for a comprehensive and well-researched RON token price prediction, look no further! In this article, we’ll analyze the project’s past price movement and fundamentals, as well as present a thorough Ronin price forecast for some years.

Ronin (RON) Price Prediction 2024

In 2024, Ronin RON price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of RON will soon surpass $7.61. However, we should wait to see if the RON’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, RON will trade with a minimum trading price of $6.09 and an average trading price of $6.69.

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$ETH ##BTC #Write2Earn

⚡ 250 000 members in OGCommunity! Less than a half to 500k! New big milestone!

🎉 Hey, OGs! Today we reached our big goal of 250 000 OGs! Keep it up!

🐝 90 000 000 OGC Tokens out of 1 billion have been mined. The first halving will happen in the next few days!

🔥 As you can see our community is becoming so strong and influential! Join the most influential community in the gaming industry and grab OGC Token for your daily activity!

To register 👇👇👇👇. Keep following for more 😁🤑

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#TrendingTopic

The cryptocurrency world is no stranger to turbulence, and the past year has been nothing short of a rollercoaster ride. The crypto market has experienced its fair share of challenges, from fraudulent schemes to plunging prices.

Doubts have been cast upon its resilience and long-term viability. Despite the chaos, one undeniable fact remains: 320 million users worldwide are drawn to the cryptocurrency market.

In this report, we dive deep into the ever-evolving landscape of cryptocurrency to uncover the top trends reshaping the industry in 2023. Let's get started

The Emerging Trends in Crypto

Bitcoin ETFs: Opening Bitcoin to the Masses

Amid excitement and anticipation, the possibility of a Bitcoin Exchange-Traded Fund (ETF) is back in the limelight. With financial giant BlackRock entering the ETF race, hopes are soaring for SEC approval, potentially granting retail investors easy access to Bitcoin as an asset. 

The move could also attract sophisticated investors like family offices seeking regulated and secure exposure to Bitcoin. 

While a recent court ruling in favor of Grayscale didn't guarantee a Bitcoin ETF, it triggered a wave of optimism, resulting in over $80 million worth of Bitcoin short positions liquidated and a two-week high for Bitcoin at $27,322.

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#PYTH #link

This definitive guide for joining the Pyth Airdrop is a reliable source for acquiring $PYTH tokens. It offers precise information about the procedures and requirements for engaging in the Pyth Airdrop. It’s essential to be aware that alternative sources about the Pyth Airdrop, not issued by Pyth Network, can be not only inaccurate but also possibly fraudulent. For secure and successful participation in the Pyth Airdrop, it is recommended to strictly follow the guidelines from this authoritative manual

Pyth Network recently revealed its highly awaited Retrospective Airdrop, generating excitement in the blockchain ecosystem. This strategic move covers a broad array of blockchains, including Solana, EVM, Aptos, Sui, Injective, Osmosis, Neutron, and Sei. The initiative offers its benevolence not just to blockchain enthusiasts but also to active Discord users and NFT holders.

#TrendingTopic $BTC $SOL

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If you will like to know more or get signals on the coin #CryptoTradingBots $ETH #trading