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Solana Surpasses $100B Market Cap
Market Status
SOL reached $196.98 (+6.18%), crossing $100B market cap as the 6th largest cryptocurrency. Rising wedge breakout and cup-handle pattern signal continued upward momentum with key resistance at $200.
$SOL
Market Status
SOL reached $196.98 (+6.18%), crossing $100B market cap as the 6th largest cryptocurrency. Rising wedge breakout and cup-handle pattern signal continued upward momentum with key resistance at $200.
$SOL
Sharplink Gaming Inc. has filed to sell up to $5 billion worth of additional common stock, primarily to fund the purchase of ether for its corporate treasury.
$SOL
Sharplink Expands Stock Offering to $6B Total
The Minneapolis-based online gaming marketing company disclosed the plan in a Securities and Exchange Commission (SEC) filing this week. The new shares supplement an existing $1 billion stock sales program, raising the total potential offering under its agreement with sales agent A.G.P./Alliance Global Partners to $6 billion.
$BNB
Sharplink has already sold shares worth approximately $720.8 million under the prior authorization. Sharplink further stated it intends to use “substantially all” cash proceeds from the new sales to acquire ethereum (ETH), the native cryptocurrency of the Ethereum blockchain.
$ETH
The company adopted ETH as its primary treasury reserve asset in May, citing goals of diversifying reserves, enhancing capital efficiency, and aligning with emerging financial technologies. As of July 13, the firm told the SEC it held 280,706 ETH, with 99.7% deployed for staking rewards.
$SOL
Sharplink Expands Stock Offering to $6B Total
The Minneapolis-based online gaming marketing company disclosed the plan in a Securities and Exchange Commission (SEC) filing this week. The new shares supplement an existing $1 billion stock sales program, raising the total potential offering under its agreement with sales agent A.G.P./Alliance Global Partners to $6 billion.
$BNB
Sharplink has already sold shares worth approximately $720.8 million under the prior authorization. Sharplink further stated it intends to use “substantially all” cash proceeds from the new sales to acquire ethereum (ETH), the native cryptocurrency of the Ethereum blockchain.
$ETH
The company adopted ETH as its primary treasury reserve asset in May, citing goals of diversifying reserves, enhancing capital efficiency, and aligning with emerging financial technologies. As of July 13, the firm told the SEC it held 280,706 ETH, with 99.7% deployed for staking rewards.
BPY7RQXXEU this is my Red pocket code
enter code and win crypto currency
and scan and collect rewards
$USDC
enter code and win crypto currency
and scan and collect rewards
$USDC
#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_BCTWE
#DayTradingStrategy
Day Trading Strategies for Beginners
Day trading involves buying and selling financial instruments within the same trading day, aiming to profit from short-term price fluctuations. Here's a look at some popular strategies, particularly suited for beginners, along with key aspects of successful day trading:
Popular Day Trading Strategies:
Trend Following Trading:
Concept: Identify and trade in line with a market trend.
Tools: Use tools like moving averages or trendlines.
Breakout Trading:
Concept: Enter a position when the price breaks out of a support or resistance level.
Range Trading:
Concept: Identify a trading range and buy near support and sell near resistance.
Tools: Utilize indicators like volume trends and price patterns.
Pullback Trading:
Concept: Capitalize on temporary price dips during an upward trend.
Tools: Monitor technical support areas like moving averages or Fibonacci retracement levels.
Momentum Trading:
Concept: Capitalize on strong price movements, entering as momentum rises and exiting as it declines.
Tools: Utilize indicators like MACD or RSI.
Day Trading Strategies for Beginners
Day trading involves buying and selling financial instruments within the same trading day, aiming to profit from short-term price fluctuations. Here's a look at some popular strategies, particularly suited for beginners, along with key aspects of successful day trading:
Popular Day Trading Strategies:
Trend Following Trading:
Concept: Identify and trade in line with a market trend.
Tools: Use tools like moving averages or trendlines.
Breakout Trading:
Concept: Enter a position when the price breaks out of a support or resistance level.
Range Trading:
Concept: Identify a trading range and buy near support and sell near resistance.
Tools: Utilize indicators like volume trends and price patterns.
Pullback Trading:
Concept: Capitalize on temporary price dips during an upward trend.
Tools: Monitor technical support areas like moving averages or Fibonacci retracement levels.
Momentum Trading:
Concept: Capitalize on strong price movements, entering as momentum rises and exiting as it declines.
Tools: Utilize indicators like MACD or RSI.
XRP is trading at $2.84, supported by a market capitalization of $167.66 billion and a 24-hour trading volume of $5.88 billion. The price has remained within a tight intraday range between $2.67 and $2.84, signaling a consolidation phase following recent bullish momentum.
$XRP
$XRP
Bank of England Governor Warns Against Stablecoin 🪙 Issuance ✨😳
According to Cointelegraph, Bank of England Governor Andrew Bailey has issued a cautionary statement regarding the issuance of stablecoins by banks, emphasizing the potential systemic risks they pose to financial institutions. Bailey suggested that the Bank of England should prioritize the tokenization of deposits instead. He expressed concerns that stablecoins could destabilize the financial system and undermine sovereign governments' control over their currencies. In an interview with The Sunday Times, Bailey also advised against the adoption of a central bank digital currency (CBDC) or the launch of a centrally-managed digital fiat token by the UK’s central bank.
$USDC
According to Cointelegraph, Bank of England Governor Andrew Bailey has issued a cautionary statement regarding the issuance of stablecoins by banks, emphasizing the potential systemic risks they pose to financial institutions. Bailey suggested that the Bank of England should prioritize the tokenization of deposits instead. He expressed concerns that stablecoins could destabilize the financial system and undermine sovereign governments' control over their currencies. In an interview with The Sunday Times, Bailey also advised against the adoption of a central bank digital currency (CBDC) or the launch of a centrally-managed digital fiat token by the UK’s central bank.
$USDC
#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_BCTWE
#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_BCTWE
#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_BCTWE
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