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kingscharts · 1 year
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Top 3 Underrated Bitcoin Charts that Most Traders Don't Know About
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Introduction
Bitcoin has captured the attention of many traders and investors due to its incredible growth and volatility in recent years. As a result, people are always looking for new ways to analyze Bitcoin's price movements to make better investment decisions. While there are popular charts that traders use regularly, there are also some underrated charts that offer valuable information. In this article by Kings Charts - a crypto trading learning platform, we'll explore the top 3 underrated Bitcoin charts that most traders are unaware of.
MVRV Z-Score Chart:
The MVRV Z-Score chart is a powerful but often overlooked tool that can provide critical insights into Bitcoin's price movements. This chart measures the difference between Bitcoin's market capitalization and realized capitalization, which is the value of all Bitcoin in circulation at the last transaction price. The MVRV Z-Score chart calculates the standard deviation of this difference over time, indicating if Bitcoin is overvalued or undervalued. It's essential to remember that this chart can't predict the future, but it provides a useful indication of market sentiment with Crypto Technical Analysis.
Puell Multiple Chart:
The Puell Multiple chart is another chart that traders should know about to analyze Bitcoin's value. It calculates the ratio of the daily issuance value of Bitcoin to the 365-day moving average of the daily issuance value, indicating whether Bitcoin is overvalued or undervalued based on the amount of new issuance. When the Puell Multiple is high, it indicates that Bitcoin is overvalued, while a low score suggests that it is undervalued. This chart can help Crypto Trading Experts make informed decisions by providing valuable information about market conditions.
Stock-to-Flow Cross-Asset Model Chart:
The Stock-to-Flow Cross-Asset Model chart is a unique chart that uses the stock-to-flow ratio to predict Bitcoin's future price movements. The stock-to-flow ratio measures the current supply of a commodity against the amount that is produced annually. In the case of Bitcoin, the stock-to-flow ratio is the ratio of the current stock of Bitcoin to the new annual supply. This chart compares the stock-to-flow ratio of Bitcoin to other commodities such as gold, silver, and oil, to predict future price movements. Although this chart has some limitations, it can provide a valuable perspective on Bitcoin's market value with its Crypto Trading Signals.
FAQs 1. What is a Bitcoin chart?
A Bitcoin chart is a graphical representation of Bitcoin's price and other market data. These charts allow traders and investors to visualize historical price movements, identify trends, and make informed trading decisions.
2. What are the top three most underrated Bitcoin charts?
The top three most underrated Bitcoin charts are the MVRV Z-Score chart, the Puell Multiple chart, and the Stock-to-Flow Cross-Asset Model chart. These charts offer valuable insights into Bitcoin's price movements and market sentiment, but many traders are unaware of their existence or underutilize them in their analysis.
3. What information can I get from these charts?
The MVRV Z-Score chart provides information on whether Bitcoin is overvalued or undervalued based on the difference between market capitalization and realized capitalization. The Puell Multiple chart calculates whether Bitcoin is overvalued or undervalued based on the amount of new issuance. The Stock-to-Flow Cross-Asset Model chart uses the stock-to-flow ratio to predict Bitcoin's future price movements and compares it to other commodities such as gold, silver, and oil. By analyzing these charts, traders can gain a better understanding of market sentiment and conditions, helping them make more informed trading decisions.
Conclusion
In conclusion, incorporating these underrated Bitcoin charts into your analysis can provide valuable insights into market sentiment and conditions. While they cannot predict the future, these charts can provide a unique perspective on Bitcoin's value and help traders make more informed decisions. Remember, trading Bitcoin is a complex and risky endeavor, and it's essential to conduct thorough research and analysis before making any investment decisions. Kings Charts - a crypto trading learning platform
However, by keeping these underrated charts in mind, you can gain a deeper understanding of Bitcoin's price movements and be better equipped to make informed decisions.
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unpluggedfinancial · 4 months
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Bitcoin: Reaching the Tipping Point of Mass Adoption
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In the ever-evolving landscape of finance and technology, Bitcoin stands out as a revolutionary force. Over the past decade, we've witnessed its transformation from a niche interest among tech enthusiasts to a widely recognized and increasingly adopted financial asset. Today, Bitcoin is not just a speculative investment; it's a movement toward financial freedom and an alternative to the traditional monetary system. We are hitting a critical juncture—mass adoption is within reach.
The Journey So Far
Bitcoin's journey began in 2009 when the mysterious Satoshi Nakamoto introduced the world to a new form of decentralized digital currency. Initially, it was a concept explored by a small group of cryptographers and developers. However, the idea of a decentralized currency free from government control quickly gained traction. As early adopters started to mine and trade Bitcoin, its value and potential became evident.
Over the years, Bitcoin has overcome significant challenges, including regulatory scrutiny, market volatility, and public skepticism. Despite these hurdles, it has continued to grow, attracting attention from institutional investors, major corporations, and even governments.
Indicators of Mass Adoption
Several key indicators suggest that Bitcoin is on the cusp of mass adoption:
Institutional Investment: Major financial institutions and corporations are increasingly investing in Bitcoin. Companies like Tesla, MicroStrategy, and Square have added Bitcoin to their balance sheets, signaling confidence in its long-term value. Additionally, investment firms are offering Bitcoin-related financial products, making it accessible to a broader audience.
Regulatory Clarity: Governments around the world are beginning to provide clearer regulatory frameworks for cryptocurrencies. This clarity is crucial for mainstream adoption, as it reduces the uncertainty and risk associated with investing in and using Bitcoin.
Increased Retail Use: More merchants and service providers are accepting Bitcoin as a form of payment. Platforms like PayPal and Square's Cash App allow users to buy, sell, and transact with Bitcoin, making it easier for everyday consumers to use it in their daily lives.
Technological Advancements: The Bitcoin network continues to evolve, with developments such as the Lightning Network improving transaction speeds and reducing costs. These advancements address some of the scalability issues that have previously hindered Bitcoin's usability.
Global Economic Conditions: In an era of unprecedented money printing and inflation, people are seeking alternatives to traditional fiat currencies. Bitcoin's finite supply and decentralized nature make it an attractive option for those looking to hedge against economic instability.
The Implications of Mass Adoption
As Bitcoin approaches mass adoption, its impact on the global financial system could be profound:
Financial Inclusion: Bitcoin can provide financial services to the unbanked and underbanked populations around the world, offering a secure and accessible way to store and transfer value.
Monetary Sovereignty: Individuals can regain control over their wealth, free from the risk of currency devaluation and government interference.
Economic Empowerment: By enabling peer-to-peer transactions without intermediaries, Bitcoin can reduce transaction costs and increase economic efficiency.
Innovation and Growth: The rise of Bitcoin and other cryptocurrencies is fostering innovation in the fintech sector, leading to new financial products and services that could reshape the economic landscape.
The Road Ahead
While the path to mass adoption is not without its challenges, the momentum behind Bitcoin is undeniable. Education and awareness are crucial as we move forward. It's essential for individuals to understand the principles of Bitcoin and the potential it holds.
As advocates for financial revolution, we must continue to spread knowledge and dispel myths surrounding Bitcoin. By doing so, we can help pave the way for a more inclusive, transparent, and equitable financial system.
Take Action Towards Financial Independence
If this article has sparked your interest in the transformative potential of Bitcoin, there's so much more to explore! Dive deeper into the world of financial independence and revolutionize your understanding of money by following my blog and subscribing to my YouTube channel.
🌐 Blog: Unplugged Financial Blog Stay updated with insightful articles, detailed analyses, and practical advice on navigating the evolving financial landscape. Learn about the history of money, the flaws in our current financial systems, and how Bitcoin can offer a path to a more secure and independent financial future.
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mariacallous · 10 months
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The prospect that US residents may soon be able to invest in bitcoin through their brokerage, as if it were a regular stock, has prompted a fresh round of hype in crypto circles—and a surge in crypto prices.
Several investment firms, including heavy-hitters like BlackRock and Fidelity, are queuing up to launch a spot bitcoin exchange-traded fund (ETF) in the US. These funds would track the price of bitcoin, making them the closest thing to investing in the crypto token directly without dealing with a crypto exchange or storing crypto manually, a process fraught with risk.
After a bruising 18 months in which crypto prices buckled, high-profile businesses collapsed, and two crypto figureheads were convicted of crimes in the US, the crypto industry is supposed to be cleaning up its act. That the US Securities and Exchange Commission (SEC) appears to be entertaining a spot bitcoin ETF after years of resistance is seen by some as a signal that crypto is moving beyond its free-wheeling years.
The arrival of such a fund in the US—by far the world’s largest ETF market—“is a significant milestone,” says Samson Mow, a prominent bitcoin evangelist and CEO of bitcoin-centric technology firm JAN3, as it will allow investors to hold bitcoin through a conventional financial product for the first time.
While there is broad consensus around the likelihood of an ETF approval among analysts, the idea that it would be symbolic of the industry’s coming of age is contradicted by the frenzy of speculation around what will happen to the price of bitcoin.
On X, crypto influencers with hundreds of thousands of followers are predicting an ETF will send the price of bitcoin soaring, in posts peppered with the rocket ship emoji. The arrival of a spot bitcoin ETF, claims Mow, will unlock a wave of pent-up demand and lead a “torrent of capital” to “pour into bitcoin.” Institutions and other investors that either cannot or choose not to invest in unregulated financial products will seize the opportunity to invest, he says, driving the price far beyond its previous heights.
An ETF might point to a growing acceptance of bitcoin among legacy financial institutions, but the implications for the price of bitcoin are being both mis- and overstated, ETF analysts warn, and the boosterism on display shows that little about crypto has changed.
Twelve applications for spot bitcoin ETFs are awaiting approval from the SEC. Delays are commonplace, but the agency is due to make a call on some of the applications as early as January 1, 2024. The three ETF analysts who spoke to WIRED expect the SEC to green-light a spot bitcoin ETF at some point next year.
In Canada, Germany, and elsewhere, spot bitcoin ETFs already exist. And US investors have had access to bitcoin futures ETFs, the value of which are correlated with the price of bitcoin, since 2021. The approval of a spot bitcoin ETF in the US is significant because it would, for the first time, give US investors access to a close proxy to bitcoin in a familiar and regulated format.
The attention paid to the topic by crypto trade media emphasizes the current fixation in industry circles. Since this summer, when speculation about the arrival of a spot bitcoin ETF began to ratchet up, crypto news site CoinDesk has published dozens of articles and videos on the topic.
In that same period, crypto markets have experienced dramatic swings, and the price of bitcoin has risen by almost a third. In some cases, price swings have been triggered by rumor and misreporting. On October 16, crypto outlet CoinTelegraph issued a retraction and apology after putting out an erroneous post on X announcing the approval of the first spot bitcoin ETF in the US, based on a screenshot posted by an X user, which led to a buying spree that increased the price of bitcoin by 10 percent.
On November 13, a falsified ETF filing relating to a separate cryptocurrency, XRP, caused a 13 percent rise in the token’s price. By the end of the day, those gains had evaporated. The Financial Times calculated that “imaginary bitcoin ETFs” were already worth 30 times the actual spot bitcoin ETFs already in existence worldwide.
Some ETF analysts, like Aniket Ullal of investment research firm CFRA, share the belief that the arrival of an ETF is likely to increase demand for bitcoin as an investment asset. But the effect on price will not be a “short-term spike,” Ullal says, but rather stretch out over multiple years.
Others say it will have the polar opposite effect to that predicted by figures like Mow, and that the price of bitcoin could plummet as investors attracted by the hubbub quickly cash out their winnings. “The idea that there is a huge pile of demand that will somehow materialize is just not true,” argues Peter Schiff, economist and CEO at asset management firm Euro Pacific. “It’s more of a ‘buy the rumor, sell the fact’ situation.”
The “narrative” that an ETF is a “catalyst for growing demand” has attracted speculators, says Bryan Armour, director of passive research strategies for North America at investment research firm Morningstar. “Hype has always been one of the core tenets of bitcoin. It seems like hype is at an all-time high.”
Figures from research firm Fineqia suggest the volume of crypto trading activity has surged in response to speculation over the approval of a spot bitcoin ETF and its market impact. In mid-November, daily trading volume on crypto exchanges reached $31.4 billion, the highest level in more than six months.
“There’s always the possibility that people are hyping it up for their own benefit,” says Mow, who adds that he doesn’t believe the broader crypto industry—which he considers to be separate from bitcoin and describes as a “grift”—is capable of cleaning up its act. “The crypto industry will keep churning out FTXs and people will keep investing because it’s a spectacle,” he says.
But whether or not bitcoin is different—a mature asset whose legitimacy would be “cemented,” as Mow claims, by an ETF approval—the relentless speculation surrounding it will expose investors to risk. “It is wildly volatile and should be handled carefully,” says Armour. But, he adds, people “hear the siren song and buy in.”
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decentralisednews · 5 hours
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Crypto Signals : The Secret to Smart Crypto Trading
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duxforex · 29 days
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BTC/USD Trading Signal for Aug 26 2024 Watch Now!
🚀 BTC/USD Trading Signal for Aug 26, 2024 – Watch Now! by Free Signals By Dux Forex Bitcoin has been steadily climbing, with the price currently around $64,234. The Supertrend indicator has recently turned green, signaling a strong bullish trend. This indicator is known for its reliability in following price action and helping traders identify whether an asset is trending up or down. The recent shift to green suggests that the bulls are in control, and the upward momentum is likely to continue. In addition, Bitcoin has broken through a previous resistance level, which has now turned into support. This breakout, combined with the bullish signal from the Supertrend, increases the likelihood of continued gains. If Bitcoin maintains its position above this support level, we could see further upward movement. Given these market conditions, going long on Bitcoin appears to be a solid strategy at this time. Watch the video to see the entry and exit signals for this trade. If you haven’t already, subscribe to our channel to stay updated on our free trading signals. Like the video if you found it helpful, and leave a comment below with your thoughts or any questions. For more in-depth analysis and exclusive content, visit our website: www.duxforex.com Thanks for watching. Let’s trade smart and profit together. via YouTube https://www.youtube.com/watch?v=XY0_7A787Ek
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Bitcode Prime: Transforming Cryptocurrency Trading in the UK
Bitcode Prime stands out as an exceptional automated trading system for cryptocurrencies, revolutionizing the way traders engage with the crypto market. This innovative platform has quickly gained popularity due to its impressive performance and user-friendly interface, making it a preferred choice among traders in the UK.
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Moreover, Bitcode Prime offers a range of payment options for depositing funds, including credit/debit cards, bank transfers, and e-wallets. The platform’s quick verification process means that users can start trading almost immediately after account setup. With no hidden fees or excessive charges, Bitcode Prime provides a cost-effective solution for cryptocurrency trading.
Bitcode Prime is designed with both novice and experienced traders in mind. Its intuitive interface, high-speed execution, and access to crucial market data make it a valuable tool for anyone looking to navigate the world of cryptocurrency trading effectively. Join the Bitcode Prime community today and experience the future of automated trading in the UK.
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The Best Crypto Trading Signals: A Journey with Universal Crypto Signals
When it comes to the world of cryptocurrency trading, having the right signals can be the difference between a profitable investment and a missed opportunity. Universal Crypto Signals, the best crypto trading signals provider. With a mission to provide accurate signals for trading cryptocurrencies on major platforms like Binance, Bittrex, Bitmex, Bybit, Kucoin, and Binance Futures, Universal Crypto Signals aims to help traders grow and stabilize their investments in the short, medium, and long term.
A Record-Breaking Streak
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Proven Trading Strategies
One big reason Universal Crypto Signals is so successful is that they have a good trading plan. This approach has been shown to work in a wide range of market conditions, so their subscribers can always count on getting accurate and profitable signals. The company gives up-to-date research of Bitcoin and the crypto market as a whole. Their reports on Bitcoin's support and resistance levels are known for being very accurate.
Educational Content and Gem Calls
In addition to trading signals, Universal Crypto Signals also has educational material that traders can use to learn more about the market and make smarter choices. One of the best things about them is their Gem calls, which find promising cryptocurrencies that could be very profitable in the next few years. Universal Crypto Signals is the best crypto trading signals provider on Telegram because it has both educational material and high-quality signals..
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forex-baba-official · 3 months
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bitcofunblog · 3 months
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Best 5 Cryptocurrency Signal channels In TelegramCryptocurrency Signal channels In Telegram are not just for investing in popular and well-known assets like Bitcoin or Altcoins. It is also important to receive trading signals of the best quality. This article will tell you how you can ensure that your cryptocurrencies are traded efficiently and in the right.To do this, you can find different trading groups on Telegram on the internet. A good strategy is to be attentive to the signs of these communities so as not to miss anything. If one of your assets is attacked, you will be able to react in time in most cases. In general, there are two ways to get the signals. Either you join one of the trading groups or you are added by someone who already has access to it. You should keep in mind that scammers often use Telegram for their dubious activities, so you should make sure that a group has been around for a long time before joining it. MYC SignalsMYC Signals is one of the best cryptocurrency signal providers. They have been offering crypto signals since the beginning of 2017 and already have a lot of satisfied customers.They post around 10-15 cryptocurrency trading calls per day for all major exchanges like Bitfinex, Bittrex, Binance, etc. Members can choose from their different Telegram channelsto get the cryptocurrency signals depending on what they want to trade.For example, if you have an account on Binance and want to trade with its signals, then I would recommend joining the Binance channel. They also have a free channel that publishes basic market updates every 4 hours.MYC Signals is currently one of the best cryptocurrency signals Fat Pig SignalsFat Pig Signals is a cryptocurrency trading service that has been around for over a year. They have a dedicated team of Cryptocurrency traders and data analysts working 24/7 to offerThe customer service is also very fast, just a few minutes and they respond. They also have a large community on Telegram where you can discuss the latest cryptocurrency signals with other traders.You can join their Telegram channel for free to get regular updates on cryptocurrencies and ICO. But if you want signals, then you have to join one of their payment packages that start from just $15 per month.I have been trading with Fat Pig Signals since they started in August 2017 and until now Verified Crypto TradersI would say it's one of the most transparent services out there. They offer cryptocurrency signals with technical analysis on their websiteI have been trading with them since the beginning of 2018 and they have a very good success rate. In short, if you are looking for an honest cryptocurrency signals service, then Verified Crypto Traders is worth checking out. You can join their Telegram channel for free to receive regular updates on cryptocurrencies and ICOs. But if you want signals, then you have to join one of their payment packages that start from just $2 a month. 4C Trading If you want honest, accurate and profitable cryptocurrency signals, then 4C Trading is the best choice!They provide market updates every 4 hours, along with Cryptocurrency trading calls (signals). They also offer very good customer support which should be your top priority when joining any signal group. I have been using their services for quite a bit and will definitely continue to do so.4C Trading has a free channel where you can get basic cryptocurrency updates every 4 hours. You also have access to their Bitcoin/Altcoin chat room, but if you want signals and technical analysis, then I would recommend joining one of the payment packages they offer. WhaleTankWhaleTank have award-winning traders with years of experience in the financial markets and provide BTC/Altcoin signals.They also offer very accurate technical analysis with their signals, which is great for experienced traders. For example, if you see a "w" at the bottom of a chart, then that means that if the price breaks below that level, then it is likely to keep going down.
WhaleTank also offers a free Telegram channel where you can get basic cryptocurrency signals and updates every 4 hours for free. If you want to access their premium services that include cryptocurrency signals with technical analysis along with market updates every 4 hours, then I would recommend joining one of their payment packages that start from just $20 a month.CONCLUSIONThis list we've shared are legitimate cryptocurrency trading groups on Telegram that you can follow for instant updates on breaking news, price movement, and most importantly, live signal trading. You can follow the links to their websites and social media profiles from my previous article. In conclusion, I would say that if you are a beginner in cryptocurrency trading, then you should definitely start with reading this post.As always, feel free to use this blog as a reference whenever you need it!
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21mln · 3 months
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Challenge 50,000 fifty thousand dollars in management - prop company.
Challenge 50,000 fifty thousand dollars in management - prop company. The point is that you undergo training, pass an exam on the testnet of a leading exchange on commissions on MEXC futures, and after trading with small real money, you receive an amount from 1,000 to 50,000 US dollars to manage in order to earn profit. You will need to gradually confirm your qualifications so that I, as a guarantor and your risk manager, will be convinced of your competence and quality of trades (correctly executed trading operations in accordance with the trading instructions I transmit to you - a clear strategy, there is an example in the @dogestop challenge)
Download the book for free - my manual - instructions for careful trading of Bitcoin on futures, written by me back in 2018, but shortened and improved in essence - the very strategy of trading on the cryptocurrency exchange with the BTCUSDT trading pair, which allows you to learn to control emotions and risks and still force yourself not to be greedy and follow my rules established by gurus and experts in the field of making money trading with leverage (cross margin x21 - i.e. having 1000 dollars you make a purchase of 21000 minus costs (trading commission in in the amount of 0.01% of this amount, which is 2.1 dollars for opening and 2.1 for closing + a small spread - in a quiet market the spread on average differs by 5 dollars difference, in a mega-active market - quick losses and price rises, which is the main reason - knocking out stops, from 5 to even 20 dollars difference in price, i.e. with a bet of 21 thousand dollars this is + 20 dollars in a commission of 2.1% and you need to be prepared for this).
Course worth 10k USDT - free
The training course, for which the so-called trading gurus, ala Gerchik, pay from 7 to 20 thousand dollars, is provided completely free of charge for my referrals (those who have subscribed to my referral links for the challenge on the MEXC GATEIO GOODCRYPTO robot exchanges).
Statistics from screenshots - profitability 200-300% per month
I show you real reports from my trading deposits, where I trade orders for 5-10-20 and up to 2 million dollars and show positive statistics on the growth and expansion of the deposit. This is all true and real trading operations, which I confirm with official statistics from the exchange and which are stored in the exchange account forever and are available for online demonstration.
Trading robots Moonbot and GoodCrypto, moontrader, special scripts for browser trading (Python), hooks for TradingView transmitting signals from PineScript to Moonbot for trading automation (autotrading, instructions are given in the second test manual provided from one of the trading schools).
Ready-made strategies for moonbot and moontrader, which allow you to automate earnings and teach the client how to earn income from auto-trading cryptocurrency. These products are expensive to purchase - a moonbot costs 0.15BTC and a moontrader subscription costs $100 per month. But for beginners, I recommend GoodCrypto VISA payment, the cost is $299, lifetime license. The reason for preference is the official product with a guarantee, and not just a boxed version from the anonymous creators of moonbot and moontrader. You decide. I use both products, incl. Python scripts, webhooks and I hire programmers and traders to improve their trading algorithms and indicators.
Bonuses for registration and KYC up to $500 per 10k deposit and up to 100 per $1500 deposit. I am officially the chairman of the MEXC and GATEIO exchanges and provide my clients with amazing promotions and discounts - such as a deposit of 10k USDT MEXC + $500 discount on futures trading commission. There are similar promotions on GATEIO, which I regularly publish in my channel @dogestop
Since February 2024, I have been running a YouTube channel and podcast, links to which I provide in the channel and you can view unique author’s information from a trading expert, a professional in his field and a guru of both spot and futures algorithmic trading. My nickname on telegram is @niko21mln and on social networks YouTube, Tiktok, Instagram, Twitter, etc. 21mln (21mlns).
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market-news-24 · 4 months
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Binance's native cryptocurrency BNB reaches an all-time high, surpassing the $700 milestone. The popular digital asset has seen significant growth in recent months, reflecting the interest and confidence in the Binance platform and its offerings. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Claim in $timeLeft seconds`; timeLeft--; , 1000); ); Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] The Binance Coin (BNB) has made headlines once again as it reached unprecedented heights by surpassing the $700 mark. This remarkable achievement not only showcases the technical prowess of the crypto ecosystem but also highlights its resilience in the face of regulatory challenges. BNB, the native token of the Binance exchange, broke new ground by hitting this all-time high. With a Market capitalization exceeding $100 billion, BNB now stands among the ranks of established companies like UBS, Dell, and Starbucks. This surge in valuation positions BNB as a major player in both the crypto industry and the global economy. Despite Binance's legal and regulatory hurdles, including recent disputes with Nigerian authorities and a multi-billion dollar fine from the US Department of Justice, BNB has continued to climb. The company's founder, Changpeng Zhao, also faced repercussions, resigning as CEO and receiving a prison sentence in the US. Despite these challenges, Binance Coin has shown remarkable resilience. While other cryptocurrencies like Bitcoin and Ethereum have garnered attention for their record-breaking performances, BNB has now captured the spotlight with its impressive growth. As the crypto Market continues to evolve, BNB's success signals a new chapter in the digital asset landscape. As always, it's essential to conduct thorough research and exercise caution when investing in cryptocurrencies. The views expressed in this article are solely those of the author and should not be considered investment advice. Stay informed and make informed decisions to navigate the ever-changing world of digital assets. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_2] h3: What is BNB Hits ATH? Binance's cryptocurrency, Binance Coin (BNB), has hit an all-time high of over $700. h3: Why is BNB hitting ATH? BNB is hitting ATH as a result of increased demand and positive Market sentiment surrounding Binance's platform and services. h3: Should I invest in BNB now? Investing in BNB is a personal decision based on your risk tolerance and investment goals. It's important to do your own research before making any investment decisions. h3: Can BNB's price continue to rise? There is always the possibility of BNB's price continuing to rise, but it's important to consider Market volatility and other factors that could affect its price in the future. h3: How can I purchase BNB? You can purchase BNB on various cryptocurrency exchanges that support the token, such as Binance, Coinbase, and Kraken. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators Claim Airdrop now
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pearls-associates · 4 months
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pearlsfxramya · 5 months
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decentralisednews · 2 months
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Coinmarketcap H1 2024 Crypto Report: Full Breakdown of Market Trends
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+24hr Trade Volume: A surge to $79.4 billion, up by 223% in Q2 
+CMC Crypto Fear and Greed Index at 49, signaling a neutral market sentiment
+Bitcoin Dominance: 53%, with no sign of an altcoin season 
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+Bitcoin's leading role in early bull runs and increased stablecoin supply
+Current bull cycle showing less severe drawdown and institutional inflows pre-halving. 
Sector Performance:
+Positive growth in Stablecoins (+8.6%), AI, and Big Data (+2.5%) 
+Decline in liquidity and market cap across most sectors 
Market Sentiment and User Trends: 
+Meme Coins rise as the most popular category on CMC 
+Surging interest in the Solana ecosystem 
+Regional user trends showing increased activity in Brazil, India, and Indonesia 
Sector-Specific Insights: 
+Layer-1 Smart Contracts: Ethereum leads with 62.11% dominance 
+Layer-2 Developments: Arbitrum and Base show significant TVL gains 
+Cross-Chain Bridges: Circle’s CCTP emerges as the top bridge by volume
+NFT Market: Ethereum no longer the main chain for NFTs, with Solana gaining user activity 
+Gaming Sector: Ronin-based Pixels and TON-based hyper-casual games dominate 
+RWA Growth: BlackRock’s tokenization focus and Tether’s continued dominance 
Political and Regulatory Developments: 
+Increasing political influence of the crypto industry in the US 
+Worldwide regulatory updates and the rise of Bitcoin and Ethereum ETFs
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