🚀 Crypto Update: Bitcoin holds steady above $87,000 as traders eye U.S. data and tariffs set for April 2. Major cryptos like Solana, XRP, BNB, and ETH see modest gains, while Dogecoin jumps 5.5% for a second day.
- Shiba Inu shines with an 11% surge, driven by a shift to riskier meme coins and a 228% boost in ShibaSwap activity.
- U.S. economic slowdown concerns persist, with markets anticipating a potential rebound from tariff announcements.
- QCP Capital notes April as historically strong for risk assets, but options markets remain cautious.
What are your thoughts on the upcoming PCE data release and its impact on Bitcoin? Share in the comments! 📈
🚨 Crypto Drama Alert! 🚨
Polymarket, a popular prediction market, faced a governance attack when a whale used 5 million UMA tokens to sway the outcome of a bet on a Trump-Ukraine mineral deal. This last-minute move overturned results, causing losses for many who bet "NO." The incident sparked debates about the reliability of UMA's oracle, which relies on community consensus.
Polymarket acknowledged the issue, promising to improve their systems. What are your thoughts on this? Share in the comments! 💬
#CryptoNews #Polymarket #BlockchainDebate
Токенизированные кредиты входят в моду
📈 Согласно данным RWA xyz, одним из популярных направлений RWA, наряду с гособлигациями США, золотом, акциями и недвижимостью, стали частные кредиты.
✅ Один только проект в этом сегменте – Tradable, работающий в сети ZKsync Era, активировал займов почти на $1,9 млрд.
Крупные заемщики Tradable – компании, автоматизирующие продажи, кредитующие музыкантов в обмен на роялти, юридические фирмы, возмещающие ущерб от тяжелых телесных повреждений и т. д.
$ZK
{spot}(ZKUSDT)
$ZRO
{spot}(ZROUSDT)
Bitcoin Holds Above $85K—But These 4 Metrics May Determine Next Steps
Despite a 0.4% drop in the previous 24 hours, Bitcoin's price is over $87,000 this week.
The crypto currency temporarily rose beyond $88,000 earlier in the week. The surge has moderated, but the market is still wondering whether Bitcoin's recent performance is a correction or a trend change.
Market analysts use on-chain analytics for clarity. Burak Kesmeci, a CryptoQuant QuickTake analyst, studied four major cyclical indicators to determine whether Bitcoin's bullish period is fading.
Indicators Show Mixed Feeling
Kesmeci says certain data signal weakening but not a market peak. First, Kesmeci points to Internal Funding Pressure (IFP), which is 696K, below its 90-day SMA90 of 794K.
A cross above the SMA90 usually indicates bullish momentum, but the indicator currently implies little reversal strength.
Second is the Bull & Bear Market Cycle Indicator. Kesmeci says the present scenario resembles previous faint bearish indications this cycle.
The 30-day moving average (DMA30) is -0.16, while the 365-day is 0.18. Until the shorter-term average exceeds the longer-term trend, the signal is bearish.
Do Four On-Chain Cyclical Metrics Signal Bitcoin's Bull Market End?
“All of these metrics indicate short- to mid-term turbulence in Bitcoin.
Bitcoin MVRV and NUPL Offer More Hints
The latest carry trade crisis was in August 2024, which recovered as macroeconomic constraints lessened.
NUPL also falls below SMA365. NUPL is 0.49, compared to 0.53 on average. While not a clear halt to the positive trend, the indicator suggests Bitcoin needs more strength to recover.
Kesmeci believes that these on-chain indications indicate short- and mid-term instability but not a market peak.
Similar to last year's macro-driven selloff, he argues that economic uncertainty and trade tensions may be temporarily depressing BTC's performance. BTC might rebound like in 2024 if macroeconomic circumstances normalize.
#WhaleMovements #GameStopBitcoinReserve #USTariffs $BTC $ETH $XRP
Popular crypto payments company #Ripple reaches an agreement with the SEC to dismiss its cross-appeal challenging the regulator’s partial court victory.
Ripple’s CLO Stuart Alderoty revealed the development yesterday in a tweet, which he characterized as his ‘last update on the lawsuit ever.’
Recall that Ripple filed its cross-appeal weeks after the SEC submitted an appeal notice to the Second Circuit. At the time, the company challenged the court’s declaration that its institutional sales were securities.
The firm was essentially looking to overturn a ruling that saw Judge Analisa Torres slam a $125 million fine against it, alongside an injunction prohibiting future institutional sales.
Terms of Ripple’s Agreement with SEC
With Ripple dropping its cross-appeal, it agreed to pay only $50 million as a fine to the SEC instead of the $125 million Judge Torres initially ordered. Notably, Ripple had deposited the complete $125 million cash to an interest-bearing account last year, pending the final resolution of the lawsuit.
Based on the agreement, Ripple will pay $50 million to the SEC, while the remaining $75 million will return to the company. Further, Alderoty mentioned that the SEC would ask the federal court to dismiss the permanent injunction on Ripple’s future XRP sales to institutions.
Meanwhile, the Ripple CLO stressed that the latest agreement is subject to formal approval at the SEC, usual court processes, and the drafting of final documents before the settlement becomes official.
Next Actions
As previously reported, the SEC could discuss the Ripple case at its upcoming closed meeting tomorrow. At the meeting, SEC commissioners will likely vote to approve the appeal dismissal, with an official announcement to follow suit.
This statement will confirm the end of the Ripple lawsuit, which has lingered for more than four years. After the statement, the parties will work with the court to make the resolution official.
#Crypto
It took me 6 years in the crypto market to realize these things & you only need 2 minutes to read: 🤏
1. No matter the market condition, one thing stays the same: 8% of people will own 21 million Bitcoin.
2. Financial, capital, and risk management skills are 100 times more important than technical analysis or crypto research.
3. Earning while you sleep: There are many ways to make money in the crypto market without actively trading.
On average, #Bitcoin has increased more than 100% per year over the past 15 years. Yet, why do so few people make money? Because getting rich quickly is a common mentality. If you can't dedicate at least 4 hours a day to crypto, stick to Bitcoin and ETH—70% in BTC and 30% in ETH.
Trust no one: Trust leads to hope, disappointment, and errors. Learn independently and take responsibility for your actions. This is how to gain automatic minting experience!
The ultimate goal of investing: Make life more meaningful. If crypto investing can achieve that, do it. If not, reconsider.
Crypto is now a financial market: Originally born from technology, it's now influenced by macroeconomics and connected to mainstream financial markets.
People may discourage you from buying Bitcoin, but remember, once something is widely accepted, the opportunity might be gone. Seize your chance now!
Invest wisely, make meaningful choices, and let crypto pave the way to a better future.
#CryptoInvesting #ethbeta #Write2Earn! #BinanceTurns7 $BTC $ETH $SOL
#ATA grafiği şiir gibi, tam patlamaya hazır bomba… 👀💣
Günlükte MA50 kırılmış, bollinger direnci geçilmiş $0,070 minör direnç sonrası MA100’e $0,097’ye kadar önü bomboş…
Kendimizi bir anda $0,096 - $0,10 üzerinde bulabiliriz, takipte kalın! 😉
✅ Unusual Exchange Outflows
19,557.06 #BTC ($1,712,087,732)
aggregated outflows from multiple exchanges in an hour
1. Bitfinex 17,381 BTC (88%)
2. Coinbase_prime 697 BTC (3%)
3. Coinbase_advanced 600 BTC (3%)
Please note that large withdrawals from exchanges that don’t support custody solutions or OTC desks could be an internal transfer. We would change data if there is evidence of an internal transfer after investigating wallets.
🚨 Massive Bitcoin Transfer: 2,235 $BTC Moved for $195M! 🚨
A staggering 2,235 BTC (worth $195,181,579 USD) has been transferred from one unknown wallet to another unknown wallet.
💡 What Does This Transfer Indicate?
Such a large transfer often hints at institutional-level transactions, major portfolio adjustments, or security measures being taken.
It could potentially affect Bitcoin's price or signal a new trend in the market.
Stay alert as we watch for further developments from this significant transfer!
#BTC #Bitcoin #CryptoTransfer #Blockchain #CryptoNews #BTCAlert
🚨 Massive $BTC Transfer Alert: 2,459 BTC Moved! 🚨
A large amount of 2,459 BTC (worth $214,614,784 USD) has been transferred from an unknown wallet to another unknown wallet.
💡 What Does This Mean?
Such a sizable transfer indicates potential institutional movements or large private transactions involving Bitcoin.
It could be a strategic asset allocation, a security transfer, or a precursor to major market activity.
This move might influence BTC's market price or lead to price volatility, so it's essential to monitor any follow-up movements.
Keep an eye out for any news or market shifts that could correlate with this major transfer.
#BTC #Bitcoin #CryptoTransfer #Blockchain #BTCAlert #CryptoNews
🚨 Massive $BTC Transfer Alert: 2,760 BTC Moved! 🚨
A huge transfer of 2,760 BTC (valued at $241,471,567 USD) has been moved from an unknown wallet to another unknown wallet.
💡 What Does This Mean?
Such a significant transfer could be linked to institutional transactions, private investments, or a large-scale reallocation of Bitcoin holdings.
The movement of this much BTC could lead to increased market volatility and might affect BTC’s price.
Stay alert for any potential market reactions or news developments that could affect Bitcoin following this massive transaction.
#BTC #Bitcoin #CryptoTransfer #Blockchain #BTCAlert #CryptoMarket