#CryptoRoundTableRemarks The Crypto Task Force Roundtable h | akas36367 on Binance Square

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#CryptoRoundTableRemarks The Crypto Task Force Roundtable has been a significant event, focusing on decentralized finance (DeFi) and its implications on the regulatory landscape. Chairman Atkins emphasized the importance of exploring the intersection of DeFi and the American spirit, highlighting the need for regulatory clarity.

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$ETH $ETH Last night, the old mi CPI data was released, with the May CPI year-on-year at 2.4%, and the core CPI month-on-month at 0.1%. This data has been below market expectations for the fourth consecutive month, undoubtedly giving the market a strong boost. The performance of the cakes

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#TradingTools101 Relative Strength Index (RSI): The RSI measures the speed and change of price movements on a scale of 0 to 100. Typically, an RSI above 70 indicates that an asset is overbought, while an RSI below 30 suggests it is oversold. This can help identify potential reversal points.

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#CryptoCharts101 Candlestick Basics: Each candle represents a time period (e.g., 1 hour, 1 day). The body shows open/close prices, while wicks (shadows) show high/low. Green (bullish) means close > open; red (bearish) means close < open. 2. Timeframes: Shorter timeframes (1m, 5m) are noisier but great for day traders. Longer ones (1D, 1W) smooth out noise for swing or position traders. Always align your timeframe with your strategy

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#TradingMistakes101 James Wen, a prominent cryptocurrency trader, experienced dramatic fluctuations on the Hyperliquid platform, turning $3 million into $100 million before losing it all within a week. He attributed his downfall to greed and public pressure, stating that his trading had become emotional and reckless. Despite this massive loss, Wen continues to promote exchanges and meme coins.¹ *Key Events Leading to the Liquidation*:* - *Initial Profit*: Wen's account had risen to $100 million, and unrealized profits reached $85 million at one point. - *Highly Leveraged Bets*: Wen took massive, highly leveraged positions in Bitcoin (BTC), PEPE

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#CryptoFees101 Crypto fees are the costs you pay when buying, selling, or transferring cryptocurrencies. These fees can vary depending on the type of transaction and the platform you use. For example, when you trade on an exchange, there is usually a trading fee or commission. Sending crypto from one wallet to another often requires a network fee, also called a gas fee, which pays miners or validators to process the transaction on the blockchain. Some blockchains have higher fees during busy times because many people are making transactions at once. Understanding fees is important because they affect your overall profits and costs when trading or using crypto.

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