sulman anwar
Open Trade
3.1 Months
Fuelled by a passion for global finance, I deliver the latest currency updates and in-depth analysis to keep you informed and empowered in the dynamic world of
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1. Price and Market Cap:
* Peg Stability: As a stablecoin, USDT continues to maintain its peg to the US dollar, with its price hovering very close to $1.00 USD. Slight fluctuations (e.g., $1.000231) are normal for stablecoins.
* Market Cap: USDT's market capitalization remains substantial, currently around $151.62 billion USD. It consistently ranks as one of the top cryptocurrencies by market cap, often at #3 after Bitcoin and Ethereum.
* Trading Volume: USDT continues to see high trading volume, with 24-hour figures ranging around $80-$87 billion USD. This indicates its widespread use for trading pairs and liquidity across exchanges.
2. Key Developments and News:
* TRON Dominance: A significant ongoing trend is the continued growth of USDT on the TRON blockchain. The total amount of USDT in circulation on TRON recently surpassed $75 billion, making it the largest platform for USDT issuance. TRON's popularity for USDT is attributed to its low transaction fees, fast settlement times, and broad usage in cross-border payments.
$USDC
* Peg Stability: As a stablecoin, USDT continues to maintain its peg to the US dollar, with its price hovering very close to $1.00 USD. Slight fluctuations (e.g., $1.000231) are normal for stablecoins.
* Market Cap: USDT's market capitalization remains substantial, currently around $151.62 billion USD. It consistently ranks as one of the top cryptocurrencies by market cap, often at #3 after Bitcoin and Ethereum.
* Trading Volume: USDT continues to see high trading volume, with 24-hour figures ranging around $80-$87 billion USD. This indicates its widespread use for trading pairs and liquidity across exchanges.
2. Key Developments and News:
* TRON Dominance: A significant ongoing trend is the continued growth of USDT on the TRON blockchain. The total amount of USDT in circulation on TRON recently surpassed $75 billion, making it the largest platform for USDT issuance. TRON's popularity for USDT is attributed to its low transaction fees, fast settlement times, and broad usage in cross-border payments.
$USDC
Binance News/Blog: Check the news sections on Binance's main website or app for official announcements, market updates, and insights.
* Reputable Crypto News Outlets: Websites like Bitcoin.com News (news.bitcoin.com) often provide broader market news that impacts BTC and the crypto space.
Important Note: The cryptocurrency market is highly volatile. Any information provided is for general knowledge and should not be considered financial advice. Always do your own research (DYOR) and consider consulting a financial advisor before making any investment decisions
$BTC
* Reputable Crypto News Outlets: Websites like Bitcoin.com News (news.bitcoin.com) often provide broader market news that impacts BTC and the crypto space.
Important Note: The cryptocurrency market is highly volatile. Any information provided is for general knowledge and should not be considered financial advice. Always do your own research (DYOR) and consider consulting a financial advisor before making any investment decisions
$BTC
$BTC
Current Price: As of approximately 11:17 AM PKT on May 19, 2025, Bitcoin (BTC) is trading around $102,900 - $104,600. Please note that cryptocurrency prices fluctuate rapidly, so this is just a snapshot in time.
Recent Performance and Key Levels:
* Bitcoin has shown a positive trend over the past month, with gains of around 23-24%.
* It has been facing resistance around the $105,000 level. Several attempts to break above this have been unsuccessful.
* A successful break and daily close above $105,000 could signal a move towards the all-time high, which is around $109,000.
Current Price: As of approximately 11:17 AM PKT on May 19, 2025, Bitcoin (BTC) is trading around $102,900 - $104,600. Please note that cryptocurrency prices fluctuate rapidly, so this is just a snapshot in time.
Recent Performance and Key Levels:
* Bitcoin has shown a positive trend over the past month, with gains of around 23-24%.
* It has been facing resistance around the $105,000 level. Several attempts to break above this have been unsuccessful.
* A successful break and daily close above $105,000 could signal a move towards the all-time high, which is around $109,000.
* Binance Coin (BNB):
* Trading around $646.39.
* Has seen a decrease of approximately 0.57% in the last 24 hours according to one source, while another indicates a rise of over 1.6%. This discrepancy suggests potential volatility or different data reporting times.
* Technical analysis suggests it's testing a key trendline resistance on the daily timeframe. A breakout could lead to further bullish momentum.
* Bitcoin (BTC):
* Trading around $103,618.37.
* Showing a slight increase of about 0.01% in the last 24 hours according to one source, while another indicates a larger increase of over 1.75%.$BTC
* Intraday analysis suggests it's in a triangle pattern without a clear direction, with potential resistance around $106,916 and support levels around $104,788 and $103,211.
* Ethereum (ETH):
* Trading around $2,551.40.
* Showing an increase of about 0.40% in the last 24 hours according to one source, while another indicates a decrease of over 1.81%.$ETH
* Trading around $646.39.
* Has seen a decrease of approximately 0.57% in the last 24 hours according to one source, while another indicates a rise of over 1.6%. This discrepancy suggests potential volatility or different data reporting times.
* Technical analysis suggests it's testing a key trendline resistance on the daily timeframe. A breakout could lead to further bullish momentum.
* Bitcoin (BTC):
* Trading around $103,618.37.
* Showing a slight increase of about 0.01% in the last 24 hours according to one source, while another indicates a larger increase of over 1.75%.$BTC
* Intraday analysis suggests it's in a triangle pattern without a clear direction, with potential resistance around $106,916 and support levels around $104,788 and $103,211.
* Ethereum (ETH):
* Trading around $2,551.40.
* Showing an increase of about 0.40% in the last 24 hours according to one source, while another indicates a decrease of over 1.81%.$ETH
High-Leverage Wipeout: Whale Turns $2.96M into $250K in Just 48 Hours!
In a dramatic showcase of the dangers of emotional and high-leverage trading, an Ethereum whale starting with wallet address 0xcddf just suffered one of the biggest wipeouts in recent memory — losing over 90% of his capital in just two days. According to on-chain sleuth Yujin, this trader’s capital plummeted from $2.96 million to a mere $250,000, as a string of aggressive leveraged trades all backfired spectacularly.
It began on May 18, when he opened a massive ETH short — 41,851 ETH at $2,514 using 25x leverage. With a narrow liquidation price of $2,525, the risk was sky-high. Unfortunately for him, ETH started surging, triggering stop-losses and liquidating his position — costing him $2.46 million in a single blow. But the irony? ETH dropped right after he exited.
Desperate to recover, he then flipped bullish on BTC, opening a $17.6M long at $106,580 with 40x leverage. But again, BTC moved against him. Within just 45 minutes, the trade was liquidated, slashing his funds down to $250,000.
Still undeterred, he dove back into the market with one final move: a new short on ETH at $2,444 with — you guessed it — 25x leverage. The market dubbed this a “punching bag” strategy: switching sides every time, but always being on the wrong end.
This story is more than just shocking — it’s a wake-up call for traders everywhere. High leverage magnifies not just your gains, but your mistakes. And in volatile crypto markets, emotional trading can be your downfall.
Lesson of the Day:
Respect risk. Stay rational. And never let losses chase you into deeper ones.
#CryptoTrading #MastercardStablecoinCards #BinanceNews #LeverageTrading
In a dramatic showcase of the dangers of emotional and high-leverage trading, an Ethereum whale starting with wallet address 0xcddf just suffered one of the biggest wipeouts in recent memory — losing over 90% of his capital in just two days. According to on-chain sleuth Yujin, this trader’s capital plummeted from $2.96 million to a mere $250,000, as a string of aggressive leveraged trades all backfired spectacularly.
It began on May 18, when he opened a massive ETH short — 41,851 ETH at $2,514 using 25x leverage. With a narrow liquidation price of $2,525, the risk was sky-high. Unfortunately for him, ETH started surging, triggering stop-losses and liquidating his position — costing him $2.46 million in a single blow. But the irony? ETH dropped right after he exited.
Desperate to recover, he then flipped bullish on BTC, opening a $17.6M long at $106,580 with 40x leverage. But again, BTC moved against him. Within just 45 minutes, the trade was liquidated, slashing his funds down to $250,000.
Still undeterred, he dove back into the market with one final move: a new short on ETH at $2,444 with — you guessed it — 25x leverage. The market dubbed this a “punching bag” strategy: switching sides every time, but always being on the wrong end.
This story is more than just shocking — it’s a wake-up call for traders everywhere. High leverage magnifies not just your gains, but your mistakes. And in volatile crypto markets, emotional trading can be your downfall.
Lesson of the Day:
Respect risk. Stay rational. And never let losses chase you into deeper ones.
#CryptoTrading #MastercardStablecoinCards #BinanceNews #LeverageTrading
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