The_1504_king
Core contributor | Council Member | project manager & Community Lead | Degen | marketing strategistsš | Forex/Crypto trader $TON $NEAR $BTC $BNB $SOL $CORE
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šŖ Letās Talk About $ETH
From the current perspective, Ethereum (ETH) appears to be following a predictable path. For any significant upward momentum, a breakout above $4,100 is required. At the moment, the price is trading within a narrowing range of $2,400ā$3,700. However, at these levels, ETH doesn't seem particularly appealing for buyers.
Purchasing Ethereum above $1,000 per coin seems impractical. The potential returns of such a heavy asset are limited to a range of 2xā3x from current levels. Given this, the question arises: why choose ETH when alternatives with growth potential of 6xā20x over the next 3ā12 months are available?
Itās crucial to understand that the optimal entry points for Ethereum have already passed. At this stage, investors should focus on undervalued assets rather than coins that every grandma and self-proclaimed crypto guru is hyping up.
In an optimistic scenario, ETH might reach the $6,000ā$9,000 range. However, considering the current market dynamics, the spotlight should be on more promising opportunities. šŖ¬ Good luck!
This is our analyst's opinion, do you agree with it? As always, we are waiting for your thoughts in the Chat š
From the current perspective, Ethereum (ETH) appears to be following a predictable path. For any significant upward momentum, a breakout above $4,100 is required. At the moment, the price is trading within a narrowing range of $2,400ā$3,700. However, at these levels, ETH doesn't seem particularly appealing for buyers.
Purchasing Ethereum above $1,000 per coin seems impractical. The potential returns of such a heavy asset are limited to a range of 2xā3x from current levels. Given this, the question arises: why choose ETH when alternatives with growth potential of 6xā20x over the next 3ā12 months are available?
Itās crucial to understand that the optimal entry points for Ethereum have already passed. At this stage, investors should focus on undervalued assets rather than coins that every grandma and self-proclaimed crypto guru is hyping up.
In an optimistic scenario, ETH might reach the $6,000ā$9,000 range. However, considering the current market dynamics, the spotlight should be on more promising opportunities. šŖ¬ Good luck!
This is our analyst's opinion, do you agree with it? As always, we are waiting for your thoughts in the Chat š
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šŖ Solana is becoming deflationary thanks to Pump Fun!
While Solana traditionally grows at ~7% per year, thereās one interesting aspect that makes it potentially more deflationary. How many Pump Fun tokens have we seen over time? Turns out, almost 99.69% of them are either worthless now or have long been inactive.
In other words, Solana that was invested in these tokens is essentially "gone" and will never be withdrawn from circulation.
Currently, there are 474.8 million Solana tokens in circulation, of which 58.1 million (~$13 billion) are permanently locked in Pump Fun! Thatās already 12% of the total Solana supply.
So, if we add the annual inflation of ~7%, it means these 12% of locked tokens are essentially creating a natural barrier against the "devaluation" of the coin.
Solana is becoming more and more deflationary! š
While Solana traditionally grows at ~7% per year, thereās one interesting aspect that makes it potentially more deflationary. How many Pump Fun tokens have we seen over time? Turns out, almost 99.69% of them are either worthless now or have long been inactive.
In other words, Solana that was invested in these tokens is essentially "gone" and will never be withdrawn from circulation.
Currently, there are 474.8 million Solana tokens in circulation, of which 58.1 million (~$13 billion) are permanently locked in Pump Fun! Thatās already 12% of the total Solana supply.
So, if we add the annual inflation of ~7%, it means these 12% of locked tokens are essentially creating a natural barrier against the "devaluation" of the coin.
Solana is becoming more and more deflationary! š
šØšØšØ JUST IN : Coinglass Demands #Binance to Disclose Liquidation Data.
Exchange restricted data in June 2021. Binance CEO CZ has expressed concerns that too much data could impact their business, but many argue that transparency is essential in the blockchain industry.
Exchange restricted data in June 2021. Binance CEO CZ has expressed concerns that too much data could impact their business, but many argue that transparency is essential in the blockchain industry.
š°š #SOL Just a year ago, Solana's app revenue was around $300k daily. Now, itās hitting $30Māa 100x increase.
šØā ļø Apple CPUs hit by 2 new vulnerabilities: SLAP & FLOP
*Apple chips can be hacked to leak credit card info, inbox content from Gmail, Proton Mail, and sensitive login-protected data from target webpages.
*Attacks executed remotely through a web browser using a malicious webpage containing JavaScript or WebAssembly code. A victim would just need to visit a malicious website for the secrets to leak, bypassing browser sandboxing, ASLR, and traditional memory protections.
*Apple Devices affected: All devices dating back as far as 2021. Older devices with M1 or earlier chips not impacted by these particular vulnerabilities.
*Avoid untrusted websites, disable JavaScript when not needed. Use Browser extensions that block scripts like uBlock Origin.
*Apple stated it plans to address the issues. But said "Based on our analysis, we do not believe this issue poses an immediate risk to our users."
*Again for the 1000th time: IF YOU HOLD CRYPTO, DO NOT VIST UNKNOWN WEBSITES
*Apple chips can be hacked to leak credit card info, inbox content from Gmail, Proton Mail, and sensitive login-protected data from target webpages.
*Attacks executed remotely through a web browser using a malicious webpage containing JavaScript or WebAssembly code. A victim would just need to visit a malicious website for the secrets to leak, bypassing browser sandboxing, ASLR, and traditional memory protections.
*Apple Devices affected: All devices dating back as far as 2021. Older devices with M1 or earlier chips not impacted by these particular vulnerabilities.
*Avoid untrusted websites, disable JavaScript when not needed. Use Browser extensions that block scripts like uBlock Origin.
*Apple stated it plans to address the issues. But said "Based on our analysis, we do not believe this issue poses an immediate risk to our users."
*Again for the 1000th time: IF YOU HOLD CRYPTO, DO NOT VIST UNKNOWN WEBSITES
š„ NEW : Billionaire #Binance š° founder ā#CZ ā jumps back into crypto with $16 million investment in token airdrop service called #Signalš„.
#Binance Disputes Allegations, Cites Compliance Achievements
Binance described the accusations as related to historical incidents and expressed frustration with the legal action in France.
The company reaffirmed its commitment to fighting the charges and pointed to global recognition of its compliance initiatives by major regulators, including the US Department of Justice and FinCEN.
Binance described the accusations as related to historical incidents and expressed frustration with the legal action in France.
The company reaffirmed its commitment to fighting the charges and pointed to global recognition of its compliance initiatives by major regulators, including the US Department of Justice and FinCEN.
šø French Investigation Targets Binance for Alleged Criminal Activities
French investigators have launched an inquiry into #Binance , the worldās largest cryptocurrency exchange, over accusations of money laundering, tax evasion, and drug trafficking. The probe is expected to have significant implications for the platformās operations.
French investigators have launched an inquiry into #Binance , the worldās largest cryptocurrency exchange, over accusations of money laundering, tax evasion, and drug trafficking. The probe is expected to have significant implications for the platformās operations.
Good morningš
As of December 21, 2024, the price of Bitcoin (BTC) is approximately $98,403, reflecting a 1.9% increase over the past 24 hours.
Technical analysis shows mixed signals. Oscillators indicate a neutral trend, while moving averages recommend buying.
RSI and MACD indicators confirm buy signals; however, the stochastic oscillator points to an overbought condition, which could signal a potential correction.
Key metrics at the moment:
š¤ BTC dominance: 57.6%
š¤ 24-hour trading volume: $415B
š¤ Fear & Greed Index: 73
š¤ Total liquidations: $837M
As of December 21, 2024, the price of Bitcoin (BTC) is approximately $98,403, reflecting a 1.9% increase over the past 24 hours.
Technical analysis shows mixed signals. Oscillators indicate a neutral trend, while moving averages recommend buying.
RSI and MACD indicators confirm buy signals; however, the stochastic oscillator points to an overbought condition, which could signal a potential correction.
Key metrics at the moment:
š¤ BTC dominance: 57.6%
š¤ 24-hour trading volume: $415B
š¤ Fear & Greed Index: 73
š¤ Total liquidations: $837M
šŖ Ethereum: Record Low Taker Volume
Ethereum is going through a tough time right now: the taker-seller volume has dropped to a record low of -400 million, indicating aggressive selling dominating the market.
A similar situation occurred in May 2021, just before Ethereum's price peak. Despite the current numbers, there may still be growth potential.
What do you thinkāshould we buy at these levels or wait it out? š
Ethereum is going through a tough time right now: the taker-seller volume has dropped to a record low of -400 million, indicating aggressive selling dominating the market.
A similar situation occurred in May 2021, just before Ethereum's price peak. Despite the current numbers, there may still be growth potential.
What do you thinkāshould we buy at these levels or wait it out? š
š Tomorrow, Microsoft is expected to announce its decision on investing in BTC.
Previously, the company held a vote among investors to determine whether Bitcoin investments were the right move.
On Polymarket, the chances of a positive decision are estimated at just 14%**āa tiny percentage, especially considering that **BlackRock is Microsoftās second-largest shareholder.
Meanwhile, ā”ļø Amazon shareholders are actively urging the board of directors to consider Bitcoin investments as well.
What do you think these giants will decide?
Previously, the company held a vote among investors to determine whether Bitcoin investments were the right move.
On Polymarket, the chances of a positive decision are estimated at just 14%**āa tiny percentage, especially considering that **BlackRock is Microsoftās second-largest shareholder.
Meanwhile, ā”ļø Amazon shareholders are actively urging the board of directors to consider Bitcoin investments as well.
What do you think these giants will decide?
š Whales are buying the XRP dip!
While XRP drops from $2.90 to $2.22, whales are making their move and buying the dip!
In just a few days, they've purchased over 120 million XRP, totaling $288 million
While XRP drops from $2.90 to $2.22, whales are making their move and buying the dip!
In just a few days, they've purchased over 120 million XRP, totaling $288 million
š” When to take profits? On the market peak
Placeholder partner Chris Burniske gave his forecast: most likely, we wonāt see a $10 trillion cap in this cycle š
He pointed out that as the market heats up, dreams grow and "bull geniuses" soar, but it's important to stay realistic. Back in 2021, everyone was calling for $100k for BTC and $10k for ETH, but in the end, the peak was around $70k and $5k. So, don't forget that lesson.
Why is it important to take profits on the way up? If you bought crypto when the market cap was below $1 trillion and now you're waiting for $10 trillion, it's wise to take profits in chunks ā from $3T to ~$10T. Missed opportunities are not the end of the world, the important thing is to take what you can. The psychological discomfort is normal, but you'll be in the green.
Where do you think weāll end up? Whatās your plan for taking profits? šø Share your thoughts in the comments! š
Placeholder partner Chris Burniske gave his forecast: most likely, we wonāt see a $10 trillion cap in this cycle š
He pointed out that as the market heats up, dreams grow and "bull geniuses" soar, but it's important to stay realistic. Back in 2021, everyone was calling for $100k for BTC and $10k for ETH, but in the end, the peak was around $70k and $5k. So, don't forget that lesson.
Why is it important to take profits on the way up? If you bought crypto when the market cap was below $1 trillion and now you're waiting for $10 trillion, it's wise to take profits in chunks ā from $3T to ~$10T. Missed opportunities are not the end of the world, the important thing is to take what you can. The psychological discomfort is normal, but you'll be in the green.
Where do you think weāll end up? Whatās your plan for taking profits? šø Share your thoughts in the comments! š
š BTC-ETF Surpass Satoshi!
American Bitcoin ETFs now hold more BTC than Satoshi Nakamoto himself! š±
In 2024, the ETF boom hit a record ā investors poured $1 trillion into US ETFs (not just crypto), breaking the 2021 record!
š¢ **November** was a key month thanks to the "Trump pump" and the rise of the S&P 500.
š¢ The main demand was for stocks and bonds, marking the 34th consecutive month of inflows.
š¢ Crypto ETFs, including spot Bitcoin funds, attracted record attention.
The global ETF market gathered $1.5 trillion, continuing to rewrite history.
It will be interesting to see how things unfold, as crypto-ETFs seem to have just started gaining momentum!
American Bitcoin ETFs now hold more BTC than Satoshi Nakamoto himself! š±
In 2024, the ETF boom hit a record ā investors poured $1 trillion into US ETFs (not just crypto), breaking the 2021 record!
š¢ **November** was a key month thanks to the "Trump pump" and the rise of the S&P 500.
š¢ The main demand was for stocks and bonds, marking the 34th consecutive month of inflows.
š¢ Crypto ETFs, including spot Bitcoin funds, attracted record attention.
The global ETF market gathered $1.5 trillion, continuing to rewrite history.
It will be interesting to see how things unfold, as crypto-ETFs seem to have just started gaining momentum!
š Crypto ETFs awaiting approval!
Which one do you think will get approved first? š¤ Share your thoughts in the comments! š
Which one do you think will get approved first? š¤ Share your thoughts in the comments! š
š On December 5th, the ETF market was buzzing, with spot BTC ETF inflows reaching $766.7M:
ā¢ BlackRock ā $770.5M
ā¢ Fidelity ā $47.5M
ā¢ Grayscale GBTC ā negative $148.8M
ā¢ Grayscale BTC ā $95.4M
What about ETH? Things are heating up there too: net spot ETH ETF volume totaled $428.5M:
ā¢ BlackRock ā $292.7M
ā¢ BlackRock ā $770.5M
ā¢ Fidelity ā $47.5M
ā¢ Grayscale GBTC ā negative $148.8M
ā¢ Grayscale BTC ā $95.4M
What about ETH? Things are heating up there too: net spot ETH ETF volume totaled $428.5M:
ā¢ BlackRock ā $292.7M
š„ Bitcoin is rewriting the record books!
In just one hour, market buy volume on Binance skyrocketed to an unbelievable $1.1775 billionāa new all-time high. š
This surge in liquidity clearly signals that buyers are ready to jump in even above $100K. Are we gearing up for new heights? š
In just one hour, market buy volume on Binance skyrocketed to an unbelievable $1.1775 billionāa new all-time high. š
This surge in liquidity clearly signals that buyers are ready to jump in even above $100K. Are we gearing up for new heights? š
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