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Richard Teng
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Just as Trump’s presidency brought unpredictability to traditional markets, a TRUMP meme coin would likely experience high volatility. Traders could capitalize on this, but the risks would parallel those of meme coins like Dogecoin or Shiba Inu.
#TrumptMarketInsights #MelaniaTrumpLaunchesToken $BTC $TRUMP
#TrumptMarketInsights #MelaniaTrumpLaunchesToken $BTC $TRUMP
Tron Founder Justin Sun eats Banana Duct-Taped to Wall. He paid $6.2 million
#JustinSun #BananaTapeWall $TRX
#JustinSun #BananaTapeWall $TRX
Dogecoin rally could extend as far as $3 to $5
While a parabolic rise beyond $1 has been outlined based on the Gaussian channel, the upper limit target was calculated based on the laws of diminishing returns, roughly estimated on its previous return on investment (ROI) percentage. As illustrated in the chart, the blue curve represents the diminishing returns on a logarithmic scale, where Dogecoin is expected to top between $3 and $5 in 2025.
Historically, Dogecoin has faced a bit of resistance just below its previous all-time high range during its breakout, so there is a possibility that the memecoin might grind out a position above $0.73 at a steady pace before undergoing rapid price discovery.
Meanwhile, Santiment, a data analytics platform, highlighted that DOGE wallet activity had declined over the past day. From an onchain perspective, this is a bullish sign, as the platform mentioned,
“When a network's overall amount of wallets declines, it is a sign of FUD and capitulation from novice traders that is often a bullish indicator for the coin's price (since those liquidated coins are likely being bought by larger whales and sharks who are hodling for the long-term.”
#DogecoinCommunity #Analsis $DOGE #BinanceSquareFamily
While a parabolic rise beyond $1 has been outlined based on the Gaussian channel, the upper limit target was calculated based on the laws of diminishing returns, roughly estimated on its previous return on investment (ROI) percentage. As illustrated in the chart, the blue curve represents the diminishing returns on a logarithmic scale, where Dogecoin is expected to top between $3 and $5 in 2025.
Historically, Dogecoin has faced a bit of resistance just below its previous all-time high range during its breakout, so there is a possibility that the memecoin might grind out a position above $0.73 at a steady pace before undergoing rapid price discovery.
Meanwhile, Santiment, a data analytics platform, highlighted that DOGE wallet activity had declined over the past day. From an onchain perspective, this is a bullish sign, as the platform mentioned,
“When a network's overall amount of wallets declines, it is a sign of FUD and capitulation from novice traders that is often a bullish indicator for the coin's price (since those liquidated coins are likely being bought by larger whales and sharks who are hodling for the long-term.”
#DogecoinCommunity #Analsis $DOGE #BinanceSquareFamily
Grayscale to Launch Bitcoin ETF Options Following BlackRock’s Record Debut
The tooling on Grayscale's existing ETFs aims to generate income by employing a covered call strategy amid a surge in investor interest.
Crypto asset manager Grayscale Investments plans to roll out options trading on its spot Bitcoin ETFs on Wednesday amid the first glimpses of solid investor appetite for such products.
The announcement comes a day after BlackRock’s iShares Bitcoin Trust (IBIT) achieved record-breaking activity on its first day of options trading, pushing Bitcoin to a new all-time high.
Grayscale will launch options trading on GBTC (Grayscale Bitcoin Trust) and BTC (Bitcoin Mini Trust) to “further [develop] the ecosystem around our US-listed Bitcoin ETPs,” it said.
#BitcoinETFOptions #GrayscaleInvestments $BTC
The tooling on Grayscale's existing ETFs aims to generate income by employing a covered call strategy amid a surge in investor interest.
Crypto asset manager Grayscale Investments plans to roll out options trading on its spot Bitcoin ETFs on Wednesday amid the first glimpses of solid investor appetite for such products.
The announcement comes a day after BlackRock’s iShares Bitcoin Trust (IBIT) achieved record-breaking activity on its first day of options trading, pushing Bitcoin to a new all-time high.
Grayscale will launch options trading on GBTC (Grayscale Bitcoin Trust) and BTC (Bitcoin Mini Trust) to “further [develop] the ecosystem around our US-listed Bitcoin ETPs,” it said.
#BitcoinETFOptions #GrayscaleInvestments $BTC
Bitcoin Bull Michael Saylor Expects $100K Price By Year's End
MicroStrategy founder Michael Saylor says he's planning a New Year's Eve party to celebrate an expected $100,000 Bitcoin price.
#HaveYouBinanced #MichaelSaylorBTC $BTC
MicroStrategy founder Michael Saylor says he's planning a New Year's Eve party to celebrate an expected $100,000 Bitcoin price.
#HaveYouBinanced #MichaelSaylorBTC $BTC
'Dogecoin Millionaire' Regains Title After DOGE Pump—And This Time, He's Selling
Glauber "ProTheDoge" Contessoto once held $3 million worth of Dogecoin, but lost nearly all of those gains as the market tanked. Now he has a second chance. It’s been a wild ride for the “Dogecoin Millionaire” over the last few years as his net worth touched $3 million and then fell to the hundreds of thousands. But with the leading meme coin surging to a price point unseen since 2021, he’s reclaimed the title.
#HaveYouBinanced #DogecoinCommunity $DOGE
Glauber "ProTheDoge" Contessoto once held $3 million worth of Dogecoin, but lost nearly all of those gains as the market tanked. Now he has a second chance. It’s been a wild ride for the “Dogecoin Millionaire” over the last few years as his net worth touched $3 million and then fell to the hundreds of thousands. But with the leading meme coin surging to a price point unseen since 2021, he’s reclaimed the title.
#HaveYouBinanced #DogecoinCommunity $DOGE
Microstrategy is up more than 100% on their Bitcoin holdings. They have spent 11 billion to acquire 1.3% of the Bitcoin supply. Those BTC holding are now worth 25 billion.
#HaveYouBinanced #MicroStrategу $BTC
#HaveYouBinanced #MicroStrategу $BTC
Tesla Stock Surges 8% Post-Market as Bitcoin Holdings Exceed $1 Billion
The value of Telsa's Bitcoin holdings has more than doubled since the start of this year amid a heady resurgence in crypto.
Electric vehicle company Tesla’s strategic bet on Bitcoin is proving lucrative, with the company now holding over $1 billion worth of the world's largest crypto.
The automaker currently holds 11,509 BTC, which has appreciated significantly in value as Bitcoin hit an all-time high of $89,560, as per data from blockchain analytics firm Arkham Intelligence.
In February 2021, Tesla announced it bought $1.5 billion worth of Bitcoin for “more flexibility to further diversify and maximize returns on our cash” in a filing with the U.S. Securities and Exchange Commission.
The value of Telsa's Bitcoin holdings has more than doubled since the start of this year amid a heady resurgence in crypto, climbing to $495 million in profit by early November, Arkham data shows.
#HaveYouBinanced #Tesla $BTC #BinanceSquareFamily
The value of Telsa's Bitcoin holdings has more than doubled since the start of this year amid a heady resurgence in crypto.
Electric vehicle company Tesla’s strategic bet on Bitcoin is proving lucrative, with the company now holding over $1 billion worth of the world's largest crypto.
The automaker currently holds 11,509 BTC, which has appreciated significantly in value as Bitcoin hit an all-time high of $89,560, as per data from blockchain analytics firm Arkham Intelligence.
In February 2021, Tesla announced it bought $1.5 billion worth of Bitcoin for “more flexibility to further diversify and maximize returns on our cash” in a filing with the U.S. Securities and Exchange Commission.
The value of Telsa's Bitcoin holdings has more than doubled since the start of this year amid a heady resurgence in crypto, climbing to $495 million in profit by early November, Arkham data shows.
#HaveYouBinanced #Tesla $BTC #BinanceSquareFamily
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