The live price of Bitcoin is $93,415.9, with a total trading volume of $ 359.16M in the last 24 hours. The price of Bitcoin changed by -0.8% in the past day, and its USD value has decreased by -4.44% over the last week. With a circulating supply of 19,808,237 BTC, the market cap of Bitcoin is currently 1.87T USD, marking a --% increase today. Bitcoin currently ranks 1 in market cap. $BTC
Bitcoin (BTC) works on a technology called blockchain. Blockchain is a public ledger that records all Bitcoin transactions. When you send Bitcoin, your transaction gets added to a block. Miners, who are specialized computers, verify these transactions by solving complex math problems. Once verified, the block gets added to the blockchain, and the transaction is complete.
The live price of Bitcoin is $93,777, with a total trading volume of $ 359.16M in the last 24 hours. The price of Bitcoin changed by -0.8% in the past day, and its USD value has decreased by -4.44% over the last week. With a circulating supply of 19,808,237 BTC, the market cap of Bitcoin is currently 1.87T USD, marking a --% increase today. Bitcoin currently ranks #1 in market cap. $BTC #NFPCryptoImpact
On December 30, 2024, the European Union rolled out the Markets in Crypto-Assets framework, setting a unified rulebook for the EU crypto industry. #OnChainLendingSurge
Share today's top blog post with a friend, get them to visit the link, and you'll receive another chance to play Word of the Day!#wodl #cryptowordoftheday
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IMPORTANT: Binance will be the first platform to list the token mentioned herein. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research (DYOR)to ensure safety of your funds.$BNB $BNB #bnbsol
Bitcoin (BTC), the world’s oldest and most valued crypto, dipped down to the $94,000 range early
Wednesday, a day after charting a high of $102k. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the reds across the board as overall Market Fear & Greed Index stood at 54 (Neutral) out of 100, as per CoinMarketCap data. The Bitget Token (BGB) token emerged to be the top gainer, with a 24-hour jump of nearly 3 percent.
Hyperliquid (HYPE) was the biggest loser today, with a 24-hour dip of over 16 percent.#CryptoMarketDip
Easiest Way: How to Turn Your 20$ to 1000🚀in 1 week 🎩
Easiest Way; How to Turn $20 into $1,000 in 7 Days🔝 Using 5-Minute Candle Patterns: For Beginners Just Follow 5 Minutes Candle-Sticks Pattern's ! Introduction: 👇👇If you’re new to trading and want to grow a small investment like $20, learning about candlestick patterns is a great place to start. These visual tools provide insights into market behavior and help traders make informed decisions. By mastering 5-minute candle patterns and applying effective strategies, you can potentially achieve impressive gains in a short time. Let’s dive into how to do this step by step:---✅✅ 1. What Are Candlestick Patterns?Candlestick patterns are graphical representations of market price movements. Each candlestick shows four key data points for a specific time frame:Open price: Where the price started.Close price: Where the price ended. High price: The peak price during the period.Low price: The lowest price during the period. The body of the candlestick represents the range between the open and close prices, while the wicks (or shadows) show the high and low prices. Learning to recognize these patterns can help predict future price movements. --- 2. Key Reversal PatternsReversal patterns signal a potential change in the market’s direction, helping you identify profitable entry points. Here are some of the most useful ones: 1. Bearish EngulfingAppears after an uptrend.A large red candle engulfs a smaller green candle, signaling a possible downtrend. 2. Bullish EngulfingFound after a downtrend.A large green candle engulfs a smaller red candle, indicating a potential uptrend. 3. Morning Star and Evening StarMorning Star: A bullish three-candle pattern at the end of a downtrend.Evening Star: A bearish three-candle pattern at the end of an uptrend. 4. Hammer and Inverted HammerHammer: Small body with a long lower wick, found after a downtrend, suggesting a reversal upward. Inverted Hammer: Small body with a long upper wick, indicating a possible upward reversal after a downtrend. 5. Shooting StarA bearish pattern after an uptrend, with a small body and long upper wick. This indicates buyers lost control, and sellers pushed prices lower. --- 3. Key Continuation PatternsContinuation patterns suggest that the current trend is likely to persist. 1. Bullish and Bearish TweezersBullish Tweezers: Two candles with nearly equal lows, appearing during a downtrend.Bearish Tweezers: Two candles with nearly equal highs, appearing during an uptrend. 2. Spinning TopsCandles with small bodies and long wicks, showing market indecision. Use these to confirm other patterns. --- 4. Recognizing Trend StrengthSome patterns reveal the strength of a trend, helping you make confident decisions. 1. Three Black CrowsThree consecutive red candles with lower closes. Signals strong selling pressure and a potential downtrend. 2. Three White SoldiersThree consecutive green candles with higher closes. Indicates strong buying pressure and a continuation of an uptrend. --- 5. Reliable Multi-Candle Reversal PatternsThese patterns offer higher accuracy due to their complexity: 1. Three Inside UpA three-candle pattern signaling a bullish reversal during a downtrend. 2. Three Inside DownA bearish three-candle pattern that appears after an uptrend. --- 6. Risk Management: The Key to SuccessEven with reliable patterns, managing your risks is critical. Here’s how:Set Stop-Loss Orders: Protect your capital by setting a stop-loss slightly below (or above) the pattern’s formation. Control Position Sizes: Never risk more than 1-2% of your account balance on a single trade. Use Indicators for Confirmation: Tools like Moving Averages, RSI, or MACD can validate candlestick signals.Avoid Overtrading: Quality matters more than quantity. Only trade patterns with strong potential. --- 7. Sample Strategy to Turn int $20 To $1,000Here’s how you can combine the knowledge of patterns and risk management into a practical trading strategy: 1. Identify the TrendLook for patterns like Three White Soldiers (uptrend) or Three Black Crows (downtrend) on a 5-minute chart. 2. Spot Reversal PatternsUse patterns like the Morning Star or Shooting Star to time your entry at trend reversals. 3. Place a Stop-Loss OrderFor a buy trade, set your stop-loss just below the pattern’s formation. For a sell trade, set it above. 4. Set Realistic Profit TargetsAim for a 1:3 risk-to-reward ratio. For every $1 risked,$20 target $3 in profit. 5. Compound Your GainsReinvest a portion of your profits into future trades while withdrawing some to lock in earnings. --- 8. Practice Before You RiskStart by practicing on a demo account to build confidence and refine your strategy. Once you’ve mastered the basics, gradually move to live trading with your $20 capital. --- 🔚🎬🔚🎬 Conclusion: Turning $20 into $1,000 in just seven days is ambitious but achievable with the right skills, discipline, and risk management. Mastering 5-minute candlestick patterns, combining them with effective strategies, and staying patient can set you on the path to success. Always remember that trading involves risks, so trade wisely and never stop learning.
📉 U.S. Jobless Claims Surprise the Market – What’s Next?
Breaking news: U.S. jobless claims dropped to just 201K for the week ending January 4th, beating predictions of 218K and down from last week’s 211K. Is this a sign of economic strength, or could there be more to the story? 🌍
Some analysts are pointing to a resilient labor market, but others say this could simply be a temporary blip due to seasonal factors. Either way, the market is reacting. 📊
🔍 So, what does this mean for crypto? With the U.S. economy showing signs of stability, will we see a boost in major coins like #BTC or #ETH? Or is there still caution ahead for investors?
Here are a few assets to keep an eye on as this news develops:
: Could a stronger economy mean a new rally for Bitcoin? $ETH : Will Ethereum remain steady amidst shifting economic tides? $BNB NB: How will Binance Coin react to broader market sentiment? 👉 Your thoughts? Drop a comment below and let’s discuss whether this dip in jobless claims could give crypto a bullish push. Ready to act on the latest data? Click on any of the coin price links to start trading! 🚀 #USJoblessClaimsDrop #CryptoMarketAlert #crytoMarketDip
$7 Billion Disaster: The Shocking Secret of a Junior Trader That Nearly Destroyed a BankBack in 2008, in the high-stakes world of finance, a seemingly ordinary junior trader named Jérôme Kerviel at Société Générale pulled off one of the most reckless financial schemes ever seen. This guy was quiet, hardworking, and unassuming, but beneath this facade, he was playing with fire.Kerviel was stationed at the Delta One desk, trading European stock futures. Instead of playing it safe by hedging his bets, he started to take wild, unauthorized risks. It was like he was gambling with the bank’s money, not trading. He wasn’t balancing risk; he was embracing it, doubling down on his bets like a man possessed.His ambition was his downfall. Without the elite background or fancy degrees, Kerviel had something to prove. In the pressure cooker of finance, ambition can be your best friend or your worst enemy. For Kerviel, it was the latter. He started placing massive, unauthorized bets on European index futures, thinking he could beat the market. When his bets paid off, he covered his tracks with fake trades, making it look like he was within the bank’s risk limits. This charade went unnoticed for months, thanks to the bank’s oversight failures. But when the European markets got volatile in early 2008, his luck ran out. A routine check finally caught the discrepancies in his accounts, and Société Générale launched a frantic investigation. They discovered the extent of Kerviel’s rogue trading and in a panic, started selling off his positions.This sell-off was like throwing gasoline on a fire. It spooked the markets even more, amplifying the losses. By the end, Société Générale was staring down a $7 billion hole — one of the biggest trading losses ever. The bank was in chaos.Kerviel faced the music, arrested and charged with breach of trust, forgery, and unauthorized use of bank computers. He was sentenced to five years in prison, with two years suspended, and ordered to repay €4.9 billion. He claimed he was just a scapegoat, that his bosses knew about his trades when they were making money, turning a blind eye to his risky behavior.This story isn’t about motivation; it’s a cautionary tale about ambition unchecked, about the dangers of letting greed and the desire for recognition drive you to make decisions that can bring down giants. It’s a reminder of how one man’s actions can send shockwaves through the financial world, leaving a trail of destruction in his wake.
🚀In the past 24 hours, $539M in liquidations swept the market—$481M from longs and $58M from shorts. Bulls got burned, bears got singed—nobody’s walking away unscathed!
The market has certainly been volatile, with liquidations hitting both sides hard:
$481M liquidated from longs suggests an aggressive downturn or stop hunts.
$58M liquidated from shorts indicates quick reversals or brief rallies catching bears off guard.
This scenario shows how leveraged positions, especially in a choppy market, can be risky. Both bulls and bears should tread carefully—tight stops and risk management are key during such volatile periods.$BTC $ETH $XRP