• 𝑺𝑬𝑪 𝑰𝒏𝒗𝒆𝒔𝒕𝒊𝒈𝒂𝒕𝒊𝒐𝒏 𝑪𝒐𝒏𝒄𝒍𝒖𝒅𝒆𝒔: The U.S. Securities and Exchange Commission has officially closed its investigation into Crypto.com without taking any action against the exchange.
• 𝑺𝑬𝑪 𝑪𝒉𝒂𝒊𝒓 𝑵𝒐𝒎𝒊𝒏𝒆𝒆 𝑷𝒓𝒊𝒐𝒓𝒊𝒕𝒊𝒛𝒆𝒔 𝑫𝒊𝒈𝒊𝒕𝒂𝒍 𝑨𝒔𝒔𝒆𝒕𝒔: Paul Atkins, nominated for Chair of the SEC, emphasized a pro-crypto stance during his Senate confirmation hearing, advocating for a rational regulatory framework for digital assets.
Secrets to Avoid Being 'Cut Like Leeks' in the Cryptocurrency Space! A Must-Read for Newcomers!
Introduction In the world of cryptocurrencies, the myth of becoming rich overnight coexists with the tragedy of losing everything overnight. Countless investors step into the cryptocurrency space with dreams of financial freedom but often lose their way amid complex market fluctuations and numerous scams. How can one protect their assets in the uncertain world of cryptocurrencies and avoid being 'cut like leeks'? This article will analyze from multiple angles to help you navigate your investment journey in the cryptocurrency space more steadily and further. I. Understand the Nature and Risks of the Cryptocurrency Space (1) The Complexity of Cryptocurrencies The cryptocurrency market is a highly complex and uncertain field. It involves cutting-edge technologies such as blockchain and encryption algorithms and is influenced by various factors, including global economic conditions, policies, regulations, and market sentiment. Compared to traditional financial markets, the cryptocurrency market exhibits greater volatility and higher risk. For example, the price of Bitcoin can soar from tens of thousands to hundreds of thousands of dollars in a short time, or it can plummet to the bottom overnight. Such extreme volatility makes it challenging for investors to accurately predict market trends, as even a slight misstep can result in significant losses.
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Shanzhai Coin Season Index currently reported at 18, the Shanzhai season has still not arrived, and the top 100 Shanzhai coins are still in a state of overselling.
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Before analyzing the trends of Bitcoin and Ethereum, let's see if our recent decision to clear 1000 sats near 0.00017 was correct. We benefited from the price increase and avoided the decline. Strict execution to achieve our goals is key for long-term stable development, and this is also the hardest thing to learn in trading, human nature.
Looking at the Bitcoin trend, the upward trend is still in place, and the movement is narrowing. Resistance is around 89500. From the weekly perspective, the upward turning trend is obvious. This week we could touch 90000, and next week it may reach 95000.
Ethereum, this toxic asset, has returned above the support at 2050, and there is a trend of correction. There is a trend of continuing to test whether the 2000 level is solid. Resistance is around 2110, with the next resistance near the 2200 level.
Currently, the overall market remains bullish. Those opening positions should mainly focus on going long, which is also a good opportunity for spot accumulation. This week is already more than halfway through, and we have also reaped many rewards. Let's continue to strive for more opportunities for everyone.
Ethereum has introduced the concept of a blockchain smart contract platform, which allows for creating a programmable contract. Through this smart contract, two counterparties are able to set conditions of a transaction without needing to trust another third party for the execution. People who use these smart contracts for their transactions will pay a network fee in the form of Ether. In addition to smart contracts, Ethereum’s blockchain is able to host other cryptocurrencies, called ‘tokens’, through the use of its ERC20 compatibility standard.
With the global currency flooding, when will Bitcoin soar?
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Global monetary easing, when will Bitcoin soar?
Since January of this year, the global M2 money supply has rebounded significantly and reached a historic high. Based on this, I believe that Bitcoin reaching a new high is just a matter of time. The market is entering a new phase of liquidity recovery, which is also the reason for my optimism about the future market. Last week, the Federal Reserve indicated that it would slow down the quantitative tightening process, with two rate cuts expected in the second half of the year. This is a positive signal, coupled with policy coordination from other major economies, the EU promoting new fiscal stimulus plans, and China releasing more liquidity. The global policy collaboration has created a more accommodative environment, and the probability of continued expansion of the global money supply in the future has increased. Bitcoin is highly correlated with global liquidity, and from a mid-term perspective, Bitcoin still has strong upward potential. It should be noted that Bitcoin's price response usually has a delay of several months, while gold has already reacted, which is related to safe-haven demand. The impact of monetary policy adjustments on the market will not be immediate; liquidity transmission takes time. The earliest recovery in the Bitcoin market is expected by the end of this month or mid-April, and at the latest by early May. Therefore, many viewpoints suggest that April or May will become an important time window for a trend reversal. Of course, the uncertainty of tariff policies has not been eliminated, and if the U.S. tightens monetary policy again, the pace of monetary expansion may be interrupted, limiting the rise in Bitcoin prices. However, based on the current policy inclination and international trends, this possibility is relatively low. In the coming weeks, Bitcoin will remain volatile, with more consolidation at lower levels, but ultimately it will break through and reach new highs.
#美SEC加密圆桌会议 Actually, to be fair, $CTXC is still acceptable. As an old-school altcoin, its ability to pump in the past is beyond doubt. Many years ago, I played this coin a lot, earning more and losing less. Even now on Binance, its ability to ride the wave of popularity is quite good. During the AI hype, it managed to catch quite a few trends and pumped a lot. Compared to those altcoins that have been continuously falling without ever rising, it really doesn't perform too badly. However, I can understand why it was voted on, after all, the liquidity and other factors aren't sufficient, so we'll see how it goes later.