Let’s talk about how the market will develop in the future?
The market continues to rise. How will the market go next? I would like to share my personal opinion with you.
1) Market trends BTC surged and approached 100,000. The altcoins followed ETH's rebound, and this round of altcoins generally underperformed BTC by about 60%. The chairman of SEC will leave at the end of January. As U.S. stocks rose, MicroStrategy plummeted due to short selling. 2) Market hot spots: 1. The public chain ETH rebounded, and the ecological OP, SCR, ETHFI, ANOON and others followed suit. BTC's second and third dragons ETH and BCH have rebounded recently, and funds have begun to overflow. ANOON is a social protocol on the base chain, which surged 5 times in one day. 2. The public chain Sol surged to a new high, and the ecological JTO, Ray and others followed suit. Sol ETF application made progress. Sol's competitor public chain Sui was paralyzed for 2 hours yesterday.
1. BNB Chain announces the completion of the Beacon Chain Fusion Final Sunset hard fork upgrade
2. Trump plans to meet with Kevin Warsh and Marc Rowan on Wednesday regarding Treasury Secretary candidates
3. Analyst: The likelihood of Trump establishing a strategic Bitcoin reserve has increased
4. Shanghai High Court: Personal holding of virtual currency is not illegal, but illegal activities related to token issuance and fundraising are prohibited
5. Yesterday, the net inflow of Bitcoin spot ETF in the US was $813.8 million
6. Polterfinance attackers marked addresses that transferred a total of 2625.7 ETH to Tornado Cash
7. A whale bought an additional 750 BTC in the past 12 hours, approximately worth $69 million
8. Sui mainnet upgraded to V1.37.3 while the protocol upgraded to version 68
9. Yesterday, BlackRock's IBIT saw a net inflow of $213.5 million
10. a16z partner Shaw: Airdrop of 100 million ELIZA tokens for ai16zeliza holders has gone live
11. Senator Lummis: The most supportive government for digital assets in US history is about to arrive
12. Grayscale announces that options trading for GBTC and BTC will start tomorrow
13. Tether Treasury has issued an additional 1 billion USDT on Ethereum this morning (authorized but not issued)
14. Active loans on Aave exceed $10 billion
15. Crypto AI startup OpenLayer completes $5 million seed round financing, with participation from a16z CSX and others
16. Michael Saylor plans to brief Microsoft's board next month on adopting Bitcoin as a corporate financial strategy
17. Trump's team lists crypto lawyer Teresa Goody Guillén as a candidate for SEC chairman
18. Injective launches an SDK called iAgent, enabling users to create on-chain AI agents independently
Shiba Inu Coin (SHIB), also known as Shitcoin, has another name, Er Gou 🐶, and is quite popular among many cryptocurrency enthusiasts! Many friends around me have achieved financial freedom by buying a large amount of SHIB at a very low price in the early stages!
Latest news: SHIB's burn rate skyrocketed by 6200% Where can SHIB's price go in the future?
On Monday, the Shiba Inu burn rate surged by 6200%, triggering optimistic sentiment among global investors. SHIB's price soared significantly during the trading session, further fueling market optimism for future movements amidst the rising burn rate.
The surge in Shiba Inu burn rate by 6200% triggered bullish market sentiment.
According to the tracker Shibburn, the latest data provided on November 18 shows that the Shiba Inu burn rate increased by 6223% in the past day. According to the data, 290,321 tokens were burned that day. This large-scale token burn led to the aforementioned surge, drawing attention to cryptocurrencies during the bull market, especially as investors turned their attention to top meme tokens.
Meanwhile, at the time of reporting, the total supply of the token is estimated to be 589.26 trillion tokens, and the aforementioned surge in burns further exacerbated this situation. Additionally, it is worth mentioning that the supply of this meme token has decreased by 135 million SHIB in the past week. Overall, as the supply faced a significant hit, market sentiment towards the token's price turned bullish, reflecting the laws of supply and demand.
Is it possible for SHIB's price to reach $1?
SHIB's price increased by 4% during trading, with the current trading price at $0.00002511. The 24-hour low and high prices for this meme coin were $0.00002403 and $0.00002563, respectively. Notably, the upward trend aligns with the aforementioned surge in Shiba Inu's burn rate.
At the same time, Coinglass data shows that SHIB futures open interest increased by 6% to $93 million. This data highlights the growing interest of investors in this asset, paving the way for a bullish outlook for future trends.
Moreover, CoinGape Media's recent analysis of Shiba Inu's price indicates that the token shows potential for further increases, although the target price of $1 remains very optimistic. Market watchers continue to keep an eye on further price movements of this token in the bull market following the U.S. elections.
November 19, 2024 Cryptocurrency News Major Events!
1. Bitwise: Expectations related to Bitcoin strategic reserves in the United States drive the crypto market up.
2. A whale today withdrew 2,189 BTC from Binance, currently holding 23,910 BTC.
3. The total net asset value of Ethereum spot ETF is $9.329 billion, with a cumulative net inflow of $139 million. The total net asset value of Bitcoin spot ETF is $95.932 billion, with a cumulative net inflow of $27.714 billion.
4. The number of Bitcoin holdings on exchanges has dropped to the lowest point since November 2018, indicating that investors prefer to hold long-term.
5. The decentralized AI project Ritual launched the Ritual Chain testnet and established a foundation.
6. A whale spent $2.8 million on SOL in the last 8 hours to build positions in VVAIFU and ai16z.
7. The Swiss Financial Market Supervisory Authority emphasizes the money laundering risks of digital assets and calls for strong regulation.
8. Russia plans to impose a 15% tax on cryptocurrency income.
9. Consensys CEO: The SEC cases against cryptocurrencies raised during Trump's term will be “dismissed or settled.”
10. 18 states in the U.S. have filed a lawsuit against the SEC and Gary Gensler, accusing them of “overreaching” regulation in the crypto space.
11. WisdomTree report: The proposed legislation for U.S. strategic Bitcoin reserves may change market dynamics and regulatory landscape.
12. Yesterday, the net inflow into the U.S. Bitcoin spot ETF was $255.49 million.
13. Analysis: Bitcoin may rise to $98,100 in the coming weeks, recommending buying when it pulls back to $80,000.
14. ai16z will expand to Ethereum and Base ecosystem using the cross-chain protocol LI.FI.
15. WSJ: Trump meets with Coinbase CEO to discuss personnel appointment issues.
16. CZ: Countries will compete to establish Bitcoin strategic reserves.
17. Japanese crypto exchange DMM's gaming company will shut down Seamoon Protocol.
18. U.S. options clearing company confirms IBIT options will be listed and traded on November 19.
19. MicroStrategy plans to issue $1.75 billion in convertible senior notes to increase BTC holdings and for general corporate purposes.
When you don't know what coin to buy, remember one thing, follow the pace of capital players, it's definitely right! Whatever big capital and big institutions buy, we follow them and buy at the right time, and we will definitely reap a lot!
Dogecoin UI designer DogeDesigner, who has interacted with Musk online many times recently, shared an audio clip of Musk, in which Musk said: "I still hold a lot of Dogecoin, and SpaceX holds a lot of Bitcoin."
Since Musk finished shouting, the price of $DOGE has triggered an upward trend again!
There are many high-quality coins, but many dealers have already achieved several times the increase, while many are still at the bottom of the mountain. As the saying goes, the strong will always be strong! If you buy the wrong target, you may miss the bull market!
Ajie sincerely recommends 2 potential coins that may explode before the end of the year! For your reference! Don't be aggressive, focus on it, and buy decisively when it pulls back.
1. $DOGE It is said that Musk is about to take office as the "Director of DOGE Affairs", and the estimated time may be in mid-January. At that time, DOGE may usher in a strong rise. This wave of market may start in advance, and it is recommended to arrange in batches.
2. $NEIRO As a potential "successor" of DOGE, NEIRO, with a market value of only 1 billion, may have greater room for growth. The target may have the potential for 10 times growth. At present, NEIRO still has a certain possibility of a pullback, and it is recommended to arrange in batches at a relatively low level.
Buying the right target at the right time and selling it at the right time will maximize your profits! Remember not to change positions frequently! After buying, wait patiently for the market to come!
Years of practice in cryptocurrency trading have proved that a qualified trader must be friends with time. The SUI bought in July 2024 has almost 5 times the value now, and it has only been more than 4 months. So only by holding on can you reap rich profits! !
Don't limit your vision to short-term gains and short-term ups and downs! The reason why many people still lose money during the bull market is that they can only bear the rise in the price of the currency, but not the fall in the price of the currency, and always like to chase the rise and kill the fall! "Monkeys picking peaches", if this is the case, they will often pick up sesame seeds and lose watermelons, and miss the rising market! So, I advise everyone not to buy easily, let alone get off the bus easily. The so-called not buying easily means to spend more time on investment research, understand the fundamentals of this currency, and whether it is a leader? Is there a big dealer/institutional blessing? As long as it is a good investment target after comprehensive analysis, don't change the position easily, at least get it doubled and then ship it in batches! Finally, I wish everyone can achieve great results in the currency circle and achieve wealth freedom!
Major news events in the cryptocurrency circle on November 18, 2024
1. Billionaire Paul Tudor Jones increased his fund's BTC holdings to $159.9 million through BlackRock IBIT
2. Fed Observation: The probability of the Fed cutting interest rates by 25 basis points in December is 59.9%
3. A whale/institution sold all 11,486 ETH at an average price of $3,083 in the past half hour
4. The U.S. government efficiency department led by Musk plans to explore the construction of a blockchain election system "eVote
5. Survey: OpenAI ranks fourth among the top technology suppliers that IT leaders surveyed plan to invest the most
6. Viewpoint: The recent strong rise in Bitcoin has attracted some funds to flow from gold to Bitcoin
7. Jupiter TVL exceeded $2 billion to set a new high, and the total transaction volume exceeded $374 billion
8. NDV Lianchuang: Since October, it has successively built up positions of more than $8 million in BNB. It is believed that BNB and ETH will catch up and lead in the second half of the bull market
9. Affected by the "1 trillion BONK destruction plan", BONK broke through 0.00005 USDT to set a new high
10. People familiar with the matter: SpaceX plans to sell existing shares at $135 per share in December, and the company's valuation will exceed $250 billion
11. 30 million DOGE were transferred from an unknown wallet to Binance, worth more than $10.5 million
12. Coinbase CEO: The U.S. Government Efficiency Department is an excellent opportunity to increase economic freedom and restore the size of the government to a healthy level
13. Ripple CEO: Trump will bring cryptocurrency back to the United States and is expected to make cryptocurrency great again (MCGA)
14. Cosine: The total loss of DEXX theft is close to 20 million US dollars, of which one user lost more than 1 million US dollars
15. SpaceX will conduct the sixth flight test of Starship on the 19th. Polymarket predicts that the probability of successful recovery of the rocket is 71%
16. Ripple's class action lawsuit has entered the final judgment stage, which may help it deal with the ongoing litigation with the SEC
17. Goldman Sachs holds more than 25 million US dollars of Grayscale and Fidelity Ethereum spot ETF shares
1. Bankless founder: Ethereum's fragmentation weakness will become a composability advantage
2. The New York Supreme Court allows Greenidge to continue operating its mining business
3. Aptos announces the winning project of the CodeCollision hackathon
4. Ethena Foundation: Wintermute's proposal to "enable ENA fee conversion" has been approved by the Risk Committee
5. He Yi: If Giggle Academy releases news of coin issuance or investment, then the account is stolen
6. Affected by Coinbase's addition to the coin listing roadmap, FLOKI rose by more than 20% in a short period of time
7. Cathie Wood: Bitcoin will reach $1.5 million by 2030
8. Dubai Financial Services Authority announced that ZETA became its sixth officially recognized token
9. Ethereum ETF's trading volume exceeded $1.63 billion in the past week, setting a record for the highest weekly trading volume since its launch
10. TON Accelerator launches $5 million cross-chain innovation program "Synergy"
11. Bank of America: As the cryptocurrency rebound advances, the rise of Meme coins may gradually weaken
12. Musk mentioned PNut in an article on the X platform
13. USDC Treasury destroyed 50 million USDC on the Ethereum chain
14. Collins of the Federal Reserve: Will not rule out the possibility of easing policy in December
15. The dYdX community has passed "50% of the income is allocated to MegaVault and 10% of the income is allocated to Treasury SubDAO" proposal
16. Investors have withdrawn their appeal against Musk's lawsuit for alleged manipulation of Dogecoin prices
17. Australia's Monochrome spot Bitcoin ETF's AUM exceeds $30 million
18. Today, the US Bitcoin ETF has a net outflow of 3,476 BTC, and the Ethereum ETF has a net inflow of 4,786 ETH
19. Polygon's ecosystem growth address has distributed and transferred 128.9 million POL to 45 addresses in the past 4 hours, which may have an impact on prices
20. Grayscale has transferred 760.964 BTC to an unknown address again, and has transferred more than 2,225 BTC in the past 20 minutes #市场回调,观望还是上车? #BTC冲破9万 #PNUT走高
1. Jack Dorsey's Block company adjusts strategy: Focus on Bitcoin mining and wallet business, reduce investments in Web5 and Tidal
2. cbBTC launched on Solana
3. Two crypto-friendly Republicans win House seats, marking the potential for the most crypto-friendly Congress
4. MakerDAO resolves to retain the rebranded Sky brand, plans to launch new stablecoin and expand projects
5. Detroit will become the largest city in the U.S. to accept cryptocurrency payments
6. Federal Reserve Chairman Powell: As we approach neutral interest rates, it may be necessary to slow the pace of rate cuts
7. Pantheon Macroeconomics: The Federal Reserve is expected to further cut rates by 25 basis points in December
8. Hong Kong venture capital group The Z Label completes HKD 90 million financing, plans to empower its products using new technologies such as blockchain
9. UBS launches blockchain payment system “UBS Digital Cash”
1. Microsoft plans to invest $10 billion in CoreWeave servers by 2030
2. SafePal launches a Telegram crypto wallet supporting Visa cards
3. Ethereum spot ETF saw a total net outflow of $10.9256 million yesterday, with an ETF net asset ratio of 2.29% Bitcoin spot ETF saw a total net outflow of $54.9403 million yesterday, marking the first net outflow after a net inflow in the past 7 days
4. Judge postpones trial of Tornado Cash co-founder until April 2025
5. Mt.Gox address transferred approximately $35 million worth of BTC 16 hours ago
6. A whale bought 500 BTC at a price of $69,799, worth $34.90 million
7. 21Shares submits XRP ETF application to U.S. regulators
8. Polymarket platform trading volume in October reached approximately $2.282 billion, setting a new record
9. JPMorgan: Bitcoin mining revenue and profits have declined for four consecutive months
10. Sui ecosystem meme coin HIPPO has distributed airdrops to Rootlets NFT holders
11. Sushi Aggregator integrates with zkLink Nova
12. Grayscale: XRP Trust is now open to accredited investors
13. Cross-chain interoperability protocol Across integrates with World Chain to enable cross-chain trading
14. Market news: Musk's xAI is in investment talks with UAE fund MGX
15. Uniswap L2 Unichain announced on the X platform that it will launch a new validation network, further decentralizing the chain by allowing nodes to validate blocks, adding an additional finality layer and reducing the risk of conflicting blocks.
16. The probability of the Federal Reserve lowering interest rates by 25 basis points in November has risen to 99.7%
17. Grayscale transfers 14,565 ETH to Coinbase Prime address
18. A significant whale/institution has increased holdings by 19,772 ETH over the past three days, worth $49.62 million
Friends in the cryptocurrency circle, please have a look! Accurate market analysis on September 22!
Have a happy weekend, brothers. The judgment given by yesterday's market analysis:
BTC rebounded from $54,000 on September 8 to $64,000 for two consecutive weeks, with an increase of nearly $10,000 from the low point to the high point. It is time to rest and consolidate. In addition, there was no ETF fund inflow over the weekend, and international conflicts intensified. Bitcoin may pull back to $61,000.
Some coins that are profitable can be appropriately reduced. It is not suitable to increase positions before consolidation is in place. If it falls below $61,000, consider opening a position. It is expected to take a few days to pull back, and then continue to rise in the shock.
From the data, there are obvious signs of whales buying the bottom this month. There is a wallet that has increased from 2,625 on September 6 to 23,732 on September 20, with a total increase of BTC worth $1.4 billion.
Who can take out $1.4 billion at one time? It must be the top 50 on the Forbes list Or a country's strategic reserve
From August to now, a large amount of BTC has flowed out of the exchange In addition, the Federal Reserve may cut interest rates twice this year The general trend is upward, so we need to be more patient
Those with positions are waiting for opportunities to ambush and absorb funds at low prices, and those who are already fully invested should not panic and sell! Wait patiently for the big market to come!
1. 30 million XRP were transferred from Upbit to an unknown wallet, equivalent to approximately $17.94 million
2. Solana Breakpoint 2025 Conference to be held in Abu Dhabi
3. US Bitcoin spot ETF holds a total of 913,825 BTC, a record high
4. Travala adds support for Solana on-chain assets and will provide SOL travel rewards
5. Solana ecological map network Hivemapper is selling data to three of the world's top ten map manufacturers
6. Solana ecological project Streamflow plans to issue coins in October and will launch version V2 within a few weeks
7. Bank of America: The current market reaction to the Fed's 50bp rate cut seems to be following the script of "soft rate cut" or "panic rate cut"
8. Ethereum spot ETF had a net outflow of US$26.2 million this week, and the negative news has been basically digested
9. Bitcoin spot ETF had a net inflow of US$397.1 million this week, with a total increase of 6,578.89 BTC
10. A giant whale has increased its holdings of US$1.4 billion in BTC so far in September, and held 23,732.82 BTC as of September 20
11. Ethereum L2 TVL exceeds 36.6 billion US dollars, of which Arbitrum One TVL exceeds 14 billion US dollars
12. PancakeSwap's fourth anniversary: cumulative transaction volume reached 836 billion US dollars, serving more than 43 million independent addresses
13. Payment solution DePlan launched DePlan 2.0 on Solana, supporting pay later
14. Pyth launched Oracle Integrity Staking, an upgraded version of Pyth, introducing on-chain staking rewards and penalty mechanisms
Last week, I kept telling everyone to buy Babydoge at the bottom. Those who followed me made a lot of money. This stock either doesn't rise or it explodes! The highest increase is 70%+, which is amazing!
Short-term investors can take profits in batches! Don't chase high prices if you haven't bought it yet Wait for an opportunity to enter the market again! There is never a lack of opportunities in the currency circle. What is lacking is good cognition and whether you have enough patience to wait for the market to reverse...
1. UBS: US retail sales data may affect the extent of the Fed's interest rate cuts, and it is expected to cut interest rates by 100 basis points this year
2. Trump once again posted "Fight Fight Fight", and Solana's FIGHT 6H rose nearly 53%
3. In the past 24 hours, the entire network exploded $124 million, mainly exploding long orders, and the total market value of cryptocurrencies fell to $2.148 trillion
4. Uniswap Labs: This year, the number of Swap trading tokens on the protocol has reached 993,425
5. The authorized issuance of USDT on the TON chain has exceeded $1 billion
6. Binance Launchpool has locked more than 470,000 BNB and 198 million FDUSD in this period
7. A whale added 448.23 BTC two hours ago, and accumulated 2,610 BTC in the past week
The market has clearly shown a steady rise in the past few days! What should we do next?
From the daily line, the big cake has completed the second bottoming out, and the bottom range has been basically confirmed
In the early morning, the big cake hit 59400, and the ether 2376, and it has now returned to 60,000 US dollars. In the short term, as long as these two points are not broken, the bulls are still strong. The 4-hour K-line shows a long lower shadow. The decline was recovered in the morning. Go with the trend and embrace the trend. It is currently recommended to buy on dips!
At present, the market is looking forward to the interest rate cut notice on September 19. The Federal Reserve will announce the interest rate decision at 2 o'clock next Thursday to prevent the rise before the interest rate cut, and the interest rate cut will be bearish. Everyone remember to reduce positions at highs!
Because the weekend volatility will not be large, intraday short-term trading strategy: $btc: 59411, 58916 long position 5.5 Stop loss: 58456, target 60682
$eth: 2381.6, 2342.4 long position 5.5 Stop loss: 2315.1, target 2448.68
$sol: 136.1, 133.9 long position 5.5 Stop loss 132.48, target 139
The above content is for reference only! If you have other opinions or views, you are welcome to leave a message in the comment area for discussion!
Recommend high-quality coins! Stock up a little at the current price, and then cover your position when the price falls back!
Coin name: WLD Recommendation reason: 1. After OpenAI released o1, the popularity has soared! The price of WLD has soared, and it may be expected to break through the 2 US dollar mark 2. The market has been consolidating for a long time, and the possibility of bottoming out and rebounding is relatively high.