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#Warnigā ļøā ļø , this is not financial advice This move down from the local top has been pretty brutal, even on $BTC. We've not seen price trade higher and see some relief for much more than 3 days at a time. It has usually just been short bursts of shorts getting squeezed followed up by immediate further downside. Alts have obviously been getting hit even harder. A decent indication of some relief being due would be price not making new lows every week but forming some kind of range and/or retaking previous "support" levels. #BTC .#CryptoCPIWatch
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#warningā ļø. not financial advice The past 90 days of performance has been pretty brutal for the market. Only a select few outperforming Bitcoin and most of the previously hyped/loved coins all the way down on the right with massive losses. I think it's a decent sign that the most loved coins have now also sold off (including $BTC itself), as those are often the last ones to fall before we can start looking at a bigger consolidation and potential (local) bottom to be formed. For now we'll just patiently await better times. Don't trade everything away in a sub optimal environment. There will be better times to trade even in bad overall markets. #CryptoCPIWatch #MGXBinanceInvestment #Binance
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#Warningā ļø not financial advice. Here is the revised list with numbers: *Top New Crypto Projects* 1. *Web3Bay*: A decentralized e-commerce platform that's revolutionizing online shopping by removing middlemen and utilizing blockchain for secure transactions [1]. 2. *Solaxy*: A Solana Layer 2 scaling solution that reduces congestion and enhances transaction efficiency, with a strong presale funding of $25.6M [1][5]. 3. *Best Wallet Token*: A utility token for a non-custodial wallet platform that offers reduced transaction fees and exclusive access to vetted projects [1]. 4. *Flockerz*: A decentralized autonomous organization (DAO) framework with a unique Vote-to-Earn model that rewards users for participation [1]. 5. *Meme Index*: A project that offers a strategic investment approach in the meme coin sector, providing four distinct indexes for tailored risk management [1]. *Other Notable Projects* 6. *Kaito*: An AI-powered web3 data aggregation platform [2]. 7. *Eigenlayer*: A leading restaking protocol for Ethereum [2]. 8. *(link unavailable)*: A decentralized platform for GPU power [2]. 9. *Hyperliquid*: A high-performance decentralized trading platform [2]. 10. *5thScape*: A project revolutionizing virtual reality with blockchain technology [6]. 11. *LuckHunter*: A platform redefining virtual casino entertainment with blockchain [6]. 12. *Avalanche*: A project building a decentralized ecosystem [6].
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Here's the latest cryptocurrency market news: 1. *Bitcoin Price Tanks*: Bitcoin's price has taken a hit as short-term holders capitulate, echoing the August 2024 crash, according to analysts [1. CoinDesk]. 2. *Spain's CaixaBank to Launch Crypto Services*: CaixaBank, Kutxabank, and Renta 4 are reportedly set to launch cryptocurrency services in Spain [2. Bloomberg]. 3. *ECB Targets October for Digital Euro*: European Central Bank President Christine Lagarde aims to finish the digital euro project by October [3. Reuters]. 4. *Texas Moves Forward with Bitcoin Reserve Bill*: Texas is pushing forward with a bill to allocate $250 million for a Bitcoin reserve [4. CoinTelegraph]. 5. *Shiba Inu Faces Challenges*: Shiba Inu (SHIB) has experienced a steady trading day despite a recent downturn in the meme coin market [5. CryptoSlate]. 6. *BBVA Gains Approval for Bitcoin and Ethereum Trading*: BBVA, Spain's second-largest bank, has received regulatory approval to offer Bitcoin and Ethereum trading services [6. The Block].
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