Becomecreator
22.5M views
16,578 Discussing
Create your first post about any coin pair using the hashtag #BecomeCreator and stand a chance to win a share of $5,000 in BNB token vouchers.
Hot
Latest
See original
The Role of BNB in the Binance Ecosystem
#BecomeCreator
Even in a scenario of strong correction in the crypto market, the BNB token demonstrated remarkable resilience and structural efficiency. More than just a simple token, BNB has consolidated itself as a pillar of a functional and integrated ecosystem, anchored in its real utility, whether in paying reduced fees, staking, participating in project launches, or using it within the BNB Chain for DeFi and NFTs.
Originally created as a utility token to reduce trading fees on the Binance exchange, BNB has evolved into something much larger:
Even in a scenario of strong correction in the crypto market, the BNB token demonstrated remarkable resilience and structural efficiency. More than just a simple token, BNB has consolidated itself as a pillar of a functional and integrated ecosystem, anchored in its real utility, whether in paying reduced fees, staking, participating in project launches, or using it within the BNB Chain for DeFi and NFTs.
Originally created as a utility token to reduce trading fees on the Binance exchange, BNB has evolved into something much larger:
Shiba Inu (SHIB): A Bullish Analysis and Future Outlook
Shiba Inu ($SHIB ) has made a remarkable rise in the world of cryptocurrencies, drawing attention for its massive community support and its position as one of the leading meme coins. Originally launched as a parody of Dogecoin, Shiba Inu has evolved into a significant player in the crypto space, gaining both mainstream recognition and investor confidence. Here's a #Buliish analysis of Shiba Inu’s potential and its future outlook:
1. Strong Community and Ecosystem
One of the primary drivers of Shiba Inu’s growth has been its passionate and active community, often referred to as the #ShibaArmy . This massive online presence, with millions of followers on social media platforms, has not only pushed the coin’s price upward but also contributed to its resilience during market corrections. The Shiba Inu ecosystem continues to expand, with projects like ShibaSwap (a decentralized exchange) and plans for a Shiba Inu metaverse adding to its utility and attractiveness.
2. Burn Mechanism and Deflationary Pressure
Shiba Inu has a unique deflationary tokenomics structure, designed to reduce the circulating supply over time. The burning mechanism, in which a portion of $SHIB tokens is permanently removed from circulation, could significantly impact the coin’s price in the long term. With higher burn rates and community-driven initiatives to eliminate SHIB tokens from the market, the coin's scarcity will likely increase, which can boost its price as demand grows.
3. Increased Exchange Listings and Institutional Interest
Shiba Inu’s growing presence on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken has made it accessible to a broader audience. Additionally, the coin has attracted institutional interest, with large crypto investors exploring opportunities within the meme coin space. As more exchanges list SHIB and institutional investors look to diversify their portfolios, SHIB’s market liquidity and potential for price growth continue to rise.
4. Shiba Inu’s Utility Expansion
Shiba Inu is not just a meme coin anymore. The Shiba Inu team is actively working on expanding its use cases beyond just speculation. The development of ShibaSwap, a decentralized finance (DeFi) platform, allows users to stake their SHIB tokens, earn rewards, and participate in the broader DeFi ecosystem. Furthermore, Shiba Inu's growing involvement in NFTs and the metaverse could position it as a key player in the digital economy of the future.
5. Global Cryptocurrency Adoption
As cryptocurrency adoption grows globally, meme coins like Shiba Inu are likely to continue benefiting from the increased awareness and mainstream interest in digital currencies. Governments and institutions are taking steps to regulate and accept cryptocurrencies, which could pave the way for broader acceptance of SHIB as an investment and payment method.
6. Technical Indicators and Market Sentiment
From a technical perspective, Shiba Inu has demonstrated bullish patterns on various time frames. The coin has consistently bounced back from price corrections, and its recent price action suggests that it is in a long-term uptrend. As long as the broader crypto market continues to show strength, SHIB is poised for significant growth. On-chain metrics such as rising trading volume, increasing whale activity, and growing holder numbers all signal positive momentum.
7. The Shiba Inu Metaverse and Shiba Eternity Game
Shiba Inu’s move into the metaverse with its own virtual world and the development of the Shiba Eternity game could serve as a major catalyst for the token’s price. These initiatives will likely bring new users, creating a self-sustaining ecosystem that drives demand for SHIB. The metaverse trend is expected to boom, and Shiba Inu’s position in this space could significantly increase its visibility and valuation.
Conclusion: Bullish Outlook for Shiba Inu
Given its expanding ecosystem, dedicated community, growing exchange presence, and continued focus on increasing utility, Shiba Inu presents a compelling case for a bullish outlook. Although there are inherent risks in the volatile cryptocurrency market, Shiba Inu’s ability to adapt and innovate, coupled with a strong community backing, sets the stage for potential price surges in the coming months and years.
Investors should keep a close eye on developments within the Shiba Inu ecosystem, as new partnerships, technological advancements, and a broader shift toward cryptocurrency adoption could propel SHIB to new all-time highs. While the meme coin category is often considered speculative, Shiba Inu’s strategic moves and growing influence suggest that it might be on the path to becoming a significant player in the crypto world.
#BecomeCreator #shiba⚡ #Write2Earn!
1. Strong Community and Ecosystem
One of the primary drivers of Shiba Inu’s growth has been its passionate and active community, often referred to as the #ShibaArmy . This massive online presence, with millions of followers on social media platforms, has not only pushed the coin’s price upward but also contributed to its resilience during market corrections. The Shiba Inu ecosystem continues to expand, with projects like ShibaSwap (a decentralized exchange) and plans for a Shiba Inu metaverse adding to its utility and attractiveness.
2. Burn Mechanism and Deflationary Pressure
Shiba Inu has a unique deflationary tokenomics structure, designed to reduce the circulating supply over time. The burning mechanism, in which a portion of $SHIB tokens is permanently removed from circulation, could significantly impact the coin’s price in the long term. With higher burn rates and community-driven initiatives to eliminate SHIB tokens from the market, the coin's scarcity will likely increase, which can boost its price as demand grows.
3. Increased Exchange Listings and Institutional Interest
Shiba Inu’s growing presence on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken has made it accessible to a broader audience. Additionally, the coin has attracted institutional interest, with large crypto investors exploring opportunities within the meme coin space. As more exchanges list SHIB and institutional investors look to diversify their portfolios, SHIB’s market liquidity and potential for price growth continue to rise.
4. Shiba Inu’s Utility Expansion
Shiba Inu is not just a meme coin anymore. The Shiba Inu team is actively working on expanding its use cases beyond just speculation. The development of ShibaSwap, a decentralized finance (DeFi) platform, allows users to stake their SHIB tokens, earn rewards, and participate in the broader DeFi ecosystem. Furthermore, Shiba Inu's growing involvement in NFTs and the metaverse could position it as a key player in the digital economy of the future.
5. Global Cryptocurrency Adoption
As cryptocurrency adoption grows globally, meme coins like Shiba Inu are likely to continue benefiting from the increased awareness and mainstream interest in digital currencies. Governments and institutions are taking steps to regulate and accept cryptocurrencies, which could pave the way for broader acceptance of SHIB as an investment and payment method.
6. Technical Indicators and Market Sentiment
From a technical perspective, Shiba Inu has demonstrated bullish patterns on various time frames. The coin has consistently bounced back from price corrections, and its recent price action suggests that it is in a long-term uptrend. As long as the broader crypto market continues to show strength, SHIB is poised for significant growth. On-chain metrics such as rising trading volume, increasing whale activity, and growing holder numbers all signal positive momentum.
7. The Shiba Inu Metaverse and Shiba Eternity Game
Shiba Inu’s move into the metaverse with its own virtual world and the development of the Shiba Eternity game could serve as a major catalyst for the token’s price. These initiatives will likely bring new users, creating a self-sustaining ecosystem that drives demand for SHIB. The metaverse trend is expected to boom, and Shiba Inu’s position in this space could significantly increase its visibility and valuation.
Conclusion: Bullish Outlook for Shiba Inu
Given its expanding ecosystem, dedicated community, growing exchange presence, and continued focus on increasing utility, Shiba Inu presents a compelling case for a bullish outlook. Although there are inherent risks in the volatile cryptocurrency market, Shiba Inu’s ability to adapt and innovate, coupled with a strong community backing, sets the stage for potential price surges in the coming months and years.
Investors should keep a close eye on developments within the Shiba Inu ecosystem, as new partnerships, technological advancements, and a broader shift toward cryptocurrency adoption could propel SHIB to new all-time highs. While the meme coin category is often considered speculative, Shiba Inu’s strategic moves and growing influence suggest that it might be on the path to becoming a significant player in the crypto world.
#BecomeCreator #shiba⚡ #Write2Earn!
See original
The Resurgence of the Titan: Bitcoin Reclaims the Summit After a Brief Battle.
Bitcoin, a name that resonates with the force of a natural phenomenon, continues its dance between euphoria and caution. Its trajectory, marked by dizzying peaks and deep valleys, keeps the world on edge. After climbing the iconic peak of 100,000 dollars, a milestone that etched its name in the annals of finance, the flagship cryptocurrency underwent a correction, a brief pullback that brought it to flirt with 98,000 dollars. Far from being a defeat, this descent transformed into a vibrant battleground, an epic clash between the bullish forces, who see the limitless potential of Bitcoin, and the bearish forces, who sow doubts and skepticism.
More than an asset, a symbol:
Bitcoin transcends the mere category of financial asset. It has become a symbol of resistance against traditional systems, a bet on decentralization and financial freedom. Its volatility, far from being a flaw, is a manifestation of its disruptive nature, a reflection of the constant struggle between forces that seek to control and those that seek to liberate.
#BTC🔥🔥🔥🔥🔥 #BecomeCreator
Bitcoin, a name that resonates with the force of a natural phenomenon, continues its dance between euphoria and caution. Its trajectory, marked by dizzying peaks and deep valleys, keeps the world on edge. After climbing the iconic peak of 100,000 dollars, a milestone that etched its name in the annals of finance, the flagship cryptocurrency underwent a correction, a brief pullback that brought it to flirt with 98,000 dollars. Far from being a defeat, this descent transformed into a vibrant battleground, an epic clash between the bullish forces, who see the limitless potential of Bitcoin, and the bearish forces, who sow doubts and skepticism.
More than an asset, a symbol:
Bitcoin transcends the mere category of financial asset. It has become a symbol of resistance against traditional systems, a bet on decentralization and financial freedom. Its volatility, far from being a flaw, is a manifestation of its disruptive nature, a reflection of the constant struggle between forces that seek to control and those that seek to liberate.
#BTC🔥🔥🔥🔥🔥 #BecomeCreator
Will ADA reclaim $1 soon?
Cardano’s ADA is showing signs of recovery after a 40% drop since early December. Currently trading at $0.94, it’s consolidating near the $0.95 resistance. A breakout above $1 could push the price to $1.25, while failure might see support at $0.85 or $0.72.
With $98M in exchange outflows and an 8% rise in open interest, on-chain metrics suggest growing bullish momentum. RSI near oversold territory also hints at upside potential.
Source: CoinPedia News
#cryptoanalysis
#BecomeCreator
Cardano’s ADA is showing signs of recovery after a 40% drop since early December. Currently trading at $0.94, it’s consolidating near the $0.95 resistance. A breakout above $1 could push the price to $1.25, while failure might see support at $0.85 or $0.72.
With $98M in exchange outflows and an 8% rise in open interest, on-chain metrics suggest growing bullish momentum. RSI near oversold territory also hints at upside potential.
Source: CoinPedia News
#cryptoanalysis
#BecomeCreator
See original
#BecomeCreator : Solana Price Analysis
Bullish players are trying to push Solana SOL240.66 $ above the short-term resistance of 248 dollars, but bearish players are unwilling to give in.
Daily candlestick chart of the SOL/USDT pair. Source: Cointelegraph/TradingView
The relatively flat 20-day EMA (231 dollars) and the relative strength index (RSI) in positive territory indicate a balance between supply and demand. If buyers manage to push the price above 248 dollars, the SOL/USDT pair could spike to 264 dollars and eventually to 300 dollars.
Alternatively, if the price falls below the 20-day EMA, it will suggest that the pair may trade between 210 dollars and 248 dollars for a while. The trend will favor bears if they manage to drag the pair below the 50-day simple moving average (205 dollars).$SOL
Bullish players are trying to push Solana SOL240.66 $ above the short-term resistance of 248 dollars, but bearish players are unwilling to give in.
Daily candlestick chart of the SOL/USDT pair. Source: Cointelegraph/TradingView
The relatively flat 20-day EMA (231 dollars) and the relative strength index (RSI) in positive territory indicate a balance between supply and demand. If buyers manage to push the price above 248 dollars, the SOL/USDT pair could spike to 264 dollars and eventually to 300 dollars.
Alternatively, if the price falls below the 20-day EMA, it will suggest that the pair may trade between 210 dollars and 248 dollars for a while. The trend will favor bears if they manage to drag the pair below the 50-day simple moving average (205 dollars).$SOL
See original
Forex Today: The release of U.S. CPI data steals the show
Today, 16:49 by Pablo Piovano
The Dollar added to recent gains amid rising yields and intense caution ahead of the release of U.S. inflation figures measured by CPI on Wednesday. Here’s what you need to know on Wednesday, December 11: The U.S. Dollar Index (DXY) advanced for the third consecutive day, extending the move beyond the 106.00 barrier ahead of the crucial U.S. CPI data release on Wednesday. The U.S. Inflation Rate will be the standout event in the FX universe, followed by weekly MBA mortgage applications, as well as the EIA's weekly report on U.S. crude oil inventories. The EUR/USD added to weekly losses and briefly broke through the 1.0500 support to reach new four-day lows. Next on the euro's agenda will be the ECB meeting on December 12. The GBP/USD maintained its bullish bias, adding to Monday's advance and revisiting the 1.2780 area. The RICS House Price Balance is next on the other side of the Channel on December 12. The bullish momentum of USD/JPY gained additional speed and reclaimed the area beyond the 152.00 barrier, while also challenging the key 200-day SMA. Japan's Producer Prices, Reuters' Tankan index, and the Large Manufacturing BSI index will be released. The AUD/USD remained well defensive below the 0.6400 support as investors assessed the moderate tilt in the RBA meeting. All attention will be on the release of the Australian labor market report on December 12.
Today, 16:49 by Pablo Piovano
The Dollar added to recent gains amid rising yields and intense caution ahead of the release of U.S. inflation figures measured by CPI on Wednesday. Here’s what you need to know on Wednesday, December 11: The U.S. Dollar Index (DXY) advanced for the third consecutive day, extending the move beyond the 106.00 barrier ahead of the crucial U.S. CPI data release on Wednesday. The U.S. Inflation Rate will be the standout event in the FX universe, followed by weekly MBA mortgage applications, as well as the EIA's weekly report on U.S. crude oil inventories. The EUR/USD added to weekly losses and briefly broke through the 1.0500 support to reach new four-day lows. Next on the euro's agenda will be the ECB meeting on December 12. The GBP/USD maintained its bullish bias, adding to Monday's advance and revisiting the 1.2780 area. The RICS House Price Balance is next on the other side of the Channel on December 12. The bullish momentum of USD/JPY gained additional speed and reclaimed the area beyond the 152.00 barrier, while also challenging the key 200-day SMA. Japan's Producer Prices, Reuters' Tankan index, and the Large Manufacturing BSI index will be released. The AUD/USD remained well defensive below the 0.6400 support as investors assessed the moderate tilt in the RBA meeting. All attention will be on the release of the Australian labor market report on December 12.
See original
#BecomeCreator
Shiba Inu Deflationary Strategy: The Key to $0.01?
Lola highlights tokenomics and deflationary mechanisms as crucial factors for SHIB’s future. As SHIB’s supply decreases through token burns, the potential for price appreciation increases.
She cited recent developments in the XRP ecosystem, where Ripple’s stablecoin will integrate burn mechanisms into XRP transactions. Lola suggested that similar innovations in the SHIB ecosystem could significantly improve its value.
At the same time, she speculated that platforms like Robinhood could adopt SHIB for Layer 2 (L2) scaling solutions, using the token as a currency for transaction fees. Such integration would increase SHIB’s utility, paving the way for mass adoption and potentially making the dream of reaching a penny a reality.
$SHIB
Shiba Inu Deflationary Strategy: The Key to $0.01?
Lola highlights tokenomics and deflationary mechanisms as crucial factors for SHIB’s future. As SHIB’s supply decreases through token burns, the potential for price appreciation increases.
She cited recent developments in the XRP ecosystem, where Ripple’s stablecoin will integrate burn mechanisms into XRP transactions. Lola suggested that similar innovations in the SHIB ecosystem could significantly improve its value.
At the same time, she speculated that platforms like Robinhood could adopt SHIB for Layer 2 (L2) scaling solutions, using the token as a currency for transaction fees. Such integration would increase SHIB’s utility, paving the way for mass adoption and potentially making the dream of reaching a penny a reality.
$SHIB
See original
🚀 Vanry (VANRY) Analysis – Latest Data 📈
Latest Price: VANRY shows short to medium-term bullish momentum. Here is the main summary:
1. 📊 Technical Analysis:
RSI:
Daily at 50-55 (neutral zone, consolidation trend).
1-hour timeframe: Overbought, while 4-hour and weekly remain neutral.
Moving Averages:
20-day MA crosses 200-day MA, giving bullish signal.
Slight correction potential as price moves away from 20-day MA.
MACD: Positive histogram supports uptrend, but momentum weakens slightly.
Bollinger Bands:
Price approaches upper band, indicating possibility of short-term correction.
Remains above midline (20-day SMA), bullish signal.
Trading Volume:
Up 8-15% from weekly average, supporting current price movement.
Support & Resistance:
Support: $0.149.
Resistance: $0.167 and $0.173.
Price Pattern: Double Bottom pattern on 4-hour timeframe with a target price of $0.175 if breakout is successful.
2. 💡 Fundamental Analysis:
Network Adoption: Activity is increasing, but widespread adoption is still limited.
Token Distribution: Majority of tokens are held by whales, risking price manipulation.
Innovation & Technology: No new roadmap yet, but plans to increase token utility are in development.
3. 🌍 Market Sentiment:
External News: No major news, but macroeconomic conditions (such as US interest rates) could affect the market.
Community Sentiment: Discussions are increasing on Telegram and Discord, with the majority of sentiment being bullish.
#BecomeCreator
#2024withBinance
🔥 Conclusion:
VANRY is in a bullish phase, with key resistances at $0.167 and $0.173. A minor correction to $0.155 is possible before continuing the rise to the target of $0.175. However, it is necessary to pay attention to network adoption and token distribution for long-term growth. 🚀
$VANRY
Latest Price: VANRY shows short to medium-term bullish momentum. Here is the main summary:
1. 📊 Technical Analysis:
RSI:
Daily at 50-55 (neutral zone, consolidation trend).
1-hour timeframe: Overbought, while 4-hour and weekly remain neutral.
Moving Averages:
20-day MA crosses 200-day MA, giving bullish signal.
Slight correction potential as price moves away from 20-day MA.
MACD: Positive histogram supports uptrend, but momentum weakens slightly.
Bollinger Bands:
Price approaches upper band, indicating possibility of short-term correction.
Remains above midline (20-day SMA), bullish signal.
Trading Volume:
Up 8-15% from weekly average, supporting current price movement.
Support & Resistance:
Support: $0.149.
Resistance: $0.167 and $0.173.
Price Pattern: Double Bottom pattern on 4-hour timeframe with a target price of $0.175 if breakout is successful.
2. 💡 Fundamental Analysis:
Network Adoption: Activity is increasing, but widespread adoption is still limited.
Token Distribution: Majority of tokens are held by whales, risking price manipulation.
Innovation & Technology: No new roadmap yet, but plans to increase token utility are in development.
3. 🌍 Market Sentiment:
External News: No major news, but macroeconomic conditions (such as US interest rates) could affect the market.
Community Sentiment: Discussions are increasing on Telegram and Discord, with the majority of sentiment being bullish.
#BecomeCreator
#2024withBinance
🔥 Conclusion:
VANRY is in a bullish phase, with key resistances at $0.167 and $0.173. A minor correction to $0.155 is possible before continuing the rise to the target of $0.175. However, it is necessary to pay attention to network adoption and token distribution for long-term growth. 🚀
$VANRY
See original
XRP Soars to $10 on February 1st!
XRP Starts 2025 With a Bang! The cryptocurrency has reached an impressive $10, breaking all expectations and shaking up the crypto world! 🌟💎
The cryptocurrency XRP, which began its journey as an innovative alternative to traditional payment systems, has been showing signs of recovery in the market, according to the latest data from CoinMarketCap. Recently, the coin has seen a significant appreciation, which has generated optimism among its investors and attracted new market participants. XRP is known for its transaction processing speed and for being an efficient payment solution for large financial institutions, which gives it a solid foundation. Although there are still uncertainties regarding regulatory processes, the increasing adoption by large players in the financial sector seems to be contributing to the rise of the coin. Its high valuation has been driven by a combination of factors, as the growing interest in cryptocurrencies is more substantiated and a possible positive resolution to the legal issues involving Ripple, the company behind the project.
However, despite this recent rally, the future of XRP remains uncertain, mainly due to its relationship with Ripple and regulatory challenges. CoinMarketCap points out that the cryptocurrency remains highly sensitive to news about the progress of lawsuits involving the SEC (US Securities and Exchange Commission), which still questions its nature as a security. If Ripple achieves a legal victory, it is possible that the value of XRP will continue to rise, attracting more investors. However, if the scenario continues to be unfavorable, the currency could face large losses and volatility. The dependence on external and regulatory factors puts the cryptocurrency in a vulnerable position, which requires caution on the part of investors who seek to take advantage of the rally without ignoring the risks#BecomeCreator $XRP
XRP Starts 2025 With a Bang! The cryptocurrency has reached an impressive $10, breaking all expectations and shaking up the crypto world! 🌟💎
The cryptocurrency XRP, which began its journey as an innovative alternative to traditional payment systems, has been showing signs of recovery in the market, according to the latest data from CoinMarketCap. Recently, the coin has seen a significant appreciation, which has generated optimism among its investors and attracted new market participants. XRP is known for its transaction processing speed and for being an efficient payment solution for large financial institutions, which gives it a solid foundation. Although there are still uncertainties regarding regulatory processes, the increasing adoption by large players in the financial sector seems to be contributing to the rise of the coin. Its high valuation has been driven by a combination of factors, as the growing interest in cryptocurrencies is more substantiated and a possible positive resolution to the legal issues involving Ripple, the company behind the project.
However, despite this recent rally, the future of XRP remains uncertain, mainly due to its relationship with Ripple and regulatory challenges. CoinMarketCap points out that the cryptocurrency remains highly sensitive to news about the progress of lawsuits involving the SEC (US Securities and Exchange Commission), which still questions its nature as a security. If Ripple achieves a legal victory, it is possible that the value of XRP will continue to rise, attracting more investors. However, if the scenario continues to be unfavorable, the currency could face large losses and volatility. The dependence on external and regulatory factors puts the cryptocurrency in a vulnerable position, which requires caution on the part of investors who seek to take advantage of the rally without ignoring the risks#BecomeCreator $XRP
See original
XRP coin ranks third in the most searched and traded coins on Binance for several reasons, including:
Main Reasons
$XRP
1. *Price Increase*: XRP price surged to $1.77, reaching its highest point in the last two years, attracting investor attention ¹.
2. *Whale Activity*: Large transactions by large coin holders (whales) fueled market speculation and increased interest ¹.
3. *Regulatory Developments*: The legal case between Ripple Labs and the SEC is nearing its end, making investors optimistic about the future of XRP [4].
Supporting Factors
1. *Efficient Technology*: XRP offers fast transactions (~3 seconds) and low fees ($0.0002) ².
2. *Stable Market*: XRP has a stable market with a market cap of $100 billion ¹.
3. *Potential Use Cases*: XRP has huge potential in fintech and international payments ²
#BecomeCreator #Xrp🔥🔥
Main Reasons
$XRP
1. *Price Increase*: XRP price surged to $1.77, reaching its highest point in the last two years, attracting investor attention ¹.
2. *Whale Activity*: Large transactions by large coin holders (whales) fueled market speculation and increased interest ¹.
3. *Regulatory Developments*: The legal case between Ripple Labs and the SEC is nearing its end, making investors optimistic about the future of XRP [4].
Supporting Factors
1. *Efficient Technology*: XRP offers fast transactions (~3 seconds) and low fees ($0.0002) ².
2. *Stable Market*: XRP has a stable market with a market cap of $100 billion ¹.
3. *Potential Use Cases*: XRP has huge potential in fintech and international payments ²
#BecomeCreator #Xrp🔥🔥
See original
The Bear Market of Bitcoin: Analysis, Causes, and Implications
The bear market of Bitcoin, known as a bear market, is a natural phase within the cycles of the cryptocurrency market. This period, characterized by a prolonged and sustained price drop of Bitcoin, has profound economic, social, and technological implications. Understanding this phenomenon is essential for both investors and sector enthusiasts, as it impacts market confidence and sets the stage for the next bull market.
See original
Bitcoin price rose slightly by 0.37% today, reaching the level of $97,212 or equivalent to Rp1,549,351.62. Here are some factors that influenced the increase in Bitcoin price:
*Key Factors*
1. *Derivatives Market Stability*: Bitcoin derivatives market is currently in a healthier condition, which is needed for a surprise rally to a new all-time high ¹.
2. *Institutional Interest*: Bitcoin exchange-traded funds (ETFs) in the United States added $15.2 billion in assets since October 10, indicating strong interest from institutional investors ¹.
3. *Business Purchases*: MicroStrategy, Riot Platforms, and Marathon Digital have been actively buying Bitcoin in recent weeks, with MicroStrategy buying 21,550 BTC at an average price of $98,783 per Bitcoin ¹.
*Supporting Factors*
1. *Price Volatility*: Bitcoin’s drastic price volatility has scared off newcomers and reduced the attractiveness of the investment, but reduced leverage has given holders more confidence ¹.
2. *Futures*: Bitcoin’s monthly futures contract remains 15% above the spot market price, providing room for additional bullish positions ¹.
3. *Funding*: Funding rates peaked at 9% per month on December 5, but have been flat since the price dropped to $94,200 on December 9 ¹.
#BTC_MARKET_UPDATE
#BecomeCreator
*Key Factors*
1. *Derivatives Market Stability*: Bitcoin derivatives market is currently in a healthier condition, which is needed for a surprise rally to a new all-time high ¹.
2. *Institutional Interest*: Bitcoin exchange-traded funds (ETFs) in the United States added $15.2 billion in assets since October 10, indicating strong interest from institutional investors ¹.
3. *Business Purchases*: MicroStrategy, Riot Platforms, and Marathon Digital have been actively buying Bitcoin in recent weeks, with MicroStrategy buying 21,550 BTC at an average price of $98,783 per Bitcoin ¹.
*Supporting Factors*
1. *Price Volatility*: Bitcoin’s drastic price volatility has scared off newcomers and reduced the attractiveness of the investment, but reduced leverage has given holders more confidence ¹.
2. *Futures*: Bitcoin’s monthly futures contract remains 15% above the spot market price, providing room for additional bullish positions ¹.
3. *Funding*: Funding rates peaked at 9% per month on December 5, but have been flat since the price dropped to $94,200 on December 9 ¹.
#BTC_MARKET_UPDATE
#BecomeCreator
See original
ATTENTION INVESTORS OF $USUAL
Currently, $USUAL cryptocurrency is available in some countries eligible for activities on the platform.
Restricted Countries
Users from some regions are not able to participate in the presale or initial trading of $USUAL due to local regulations. Excluded countries and regions include:
United States and territories (such as Puerto Rico and Guam),
Canada,
Australia,
Japan,
New Zealand,
Iran,
Syria,
North Korea,
Crimea (a region of Ukraine annexed by Russia),
Cuba,
Netherlands (Holland).
If you are in an allowed country and have a verified account, you can access the token by farming BNB or FDUSD on Binance or by trading on the pre-listed market. To confirm eligibility or details of your region, it is recommended to check directly with Binance or consult local regulations.
In other words, after USUAL is listed, large institutional and retail investors such as those from the US, Canada and Australia markets with high capital movement capacity can leverage the value of USUAL.
The entry of new investors into these markets would increase liquidity and trading volume, which tends to stabilize and boost the price.
#TopCoinsSeptember2024
#BecomeCreator
Currently, $USUAL cryptocurrency is available in some countries eligible for activities on the platform.
Restricted Countries
Users from some regions are not able to participate in the presale or initial trading of $USUAL due to local regulations. Excluded countries and regions include:
United States and territories (such as Puerto Rico and Guam),
Canada,
Australia,
Japan,
New Zealand,
Iran,
Syria,
North Korea,
Crimea (a region of Ukraine annexed by Russia),
Cuba,
Netherlands (Holland).
If you are in an allowed country and have a verified account, you can access the token by farming BNB or FDUSD on Binance or by trading on the pre-listed market. To confirm eligibility or details of your region, it is recommended to check directly with Binance or consult local regulations.
In other words, after USUAL is listed, large institutional and retail investors such as those from the US, Canada and Australia markets with high capital movement capacity can leverage the value of USUAL.
The entry of new investors into these markets would increase liquidity and trading volume, which tends to stabilize and boost the price.
#TopCoinsSeptember2024
#BecomeCreator
See original
$ETH #TopCoinsSeptember #BecomeCreator $BTC
$BNB
BTC and BNB: What are the differences and advantages of each?
Are you considering investing in cryptocurrencies but unsure which one to choose? In this post, we will explain the differences and advantages of Bitcoin (BTC) and Binance Coin (BNB), two of the most popular cryptocurrencies in the market.
Bitcoin (BTC)
Bitcoin is the first cryptocurrency created in 2009 by Satoshi Nakamoto. It is the largest and most well-known cryptocurrency in the market, with a market capitalization of over $1 trillion.
Advantages of BTC:
- Security: Bitcoin is considered one of the safest cryptocurrencies in the market, thanks to its proof-of-work consensus algorithm.
- Adoption: Bitcoin is widely accepted as a form of payment in many businesses and online services.
- Liquidity: The Bitcoin market is very liquid, meaning it is easy to buy and sell BTC.
Disadvantages of BTC:
- Volatility: The price of Bitcoin can fluctuate rapidly, which can be a challenge for investors.
- Scalability: The Bitcoin network can be slow and costly compared to other cryptocurrencies.
Binance Coin (BNB)
Binance Coin is the native cryptocurrency of the Binance cryptocurrency exchange platform. It was created in 2017 and is used to pay transaction fees on the platform.
Advantages of BNB:
- Performance: BNB offers an annual return of 5% for holders of the cryptocurrency.
- Discounts: Holders of B
$BNB
BTC and BNB: What are the differences and advantages of each?
Are you considering investing in cryptocurrencies but unsure which one to choose? In this post, we will explain the differences and advantages of Bitcoin (BTC) and Binance Coin (BNB), two of the most popular cryptocurrencies in the market.
Bitcoin (BTC)
Bitcoin is the first cryptocurrency created in 2009 by Satoshi Nakamoto. It is the largest and most well-known cryptocurrency in the market, with a market capitalization of over $1 trillion.
Advantages of BTC:
- Security: Bitcoin is considered one of the safest cryptocurrencies in the market, thanks to its proof-of-work consensus algorithm.
- Adoption: Bitcoin is widely accepted as a form of payment in many businesses and online services.
- Liquidity: The Bitcoin market is very liquid, meaning it is easy to buy and sell BTC.
Disadvantages of BTC:
- Volatility: The price of Bitcoin can fluctuate rapidly, which can be a challenge for investors.
- Scalability: The Bitcoin network can be slow and costly compared to other cryptocurrencies.
Binance Coin (BNB)
Binance Coin is the native cryptocurrency of the Binance cryptocurrency exchange platform. It was created in 2017 and is used to pay transaction fees on the platform.
Advantages of BNB:
- Performance: BNB offers an annual return of 5% for holders of the cryptocurrency.
- Discounts: Holders of B
tercera victoria completa con la nueva palabra del día chicos #MarketDownturn #BecomeCreator #TopCoinsSeptember
Login to explore more contents