Investing in cryptocurrency can be exciting and potentially profitable, but it also comes with risks. Here are some beginner-friendly strategies to help you .
The KAITO/USDT chart on Binance shows a massive price
$KAITO
The KAITO/USDT chart on Binance shows a massive price surge from approximately $0.10 to a peak of $2.5999, indicating extreme volatility and high trading interest. Here’s a breakdown of key levels: Entry & Buy Zone Potential Entry Zones (Buy Zone)Pullback Levels: If the price retraces, possible entry points could be $1.80 - $2.10, based on previous consolidation before the next move.Support Levels: The last consolidation zone before the big breakout was around $1.00 - $1.50.Moving Avera
🚨 InfiniHacked: $49.5M Lost in Latest Stablecoin Bank Attack!
$ETH
🔥 Another Major Crypto Hack Shakes the Market! 🔥
The Infini stablecoin bank has suffered a massive security breach, losing $49.5 million in USDC. The attacker exploited retained administrator rights from the development phase, converting the stolen funds into 17,696 ETH before moving them to an external wallet.
💰 Key Details:
🔹 Hack Amount: $49.5M USDC
🔹 Exploit Method: Admin rights vulnerability
🔹 Funds Converted: 17,696 ETH
🔹 Response: Infini's founder Christian Li assured users of full compensation and normal withdrawals.
⚠️ Market Impact & What to Watch ⚠️
📉 Crypto Security Concerns: This attack follows the recent Bybit hack ($1.46B stolen), raising concerns over stablecoin security.
📌 Potential Sell-Off: Fear-driven volatility could impact stablecoins, DeFi tokens, and Ethereum.
🔍 Watch for Reactions: How regulators and security firms respond could shape future DeFi security protocols.
💡 Pro Tip: Always store assets securely and monitor exchange security updates. Could this lead to stricter DeFi regulations?
Indian Markets Set to Open Lower Amid Global Concerns!
📊 Market Outlook: Indian benchmark indices are expected to open in the red, tracking weakness in global markets. GIFT Nifty futures indicate a lower start at 22,680, below Friday’s Nifty 50 close of 22,795.90. 🔥 Key Market Drivers: 🔻 US Consumer Sentiment Falls: A 15-month low, sparking fears of slowing demand. ⚠️ Tariff Woes: Rising concerns over potential policies impacting global trade. 📉 Stagflation Fears: The U.S. economy faces slowing growth + rising prices = bad news for export-driven
Tellor (TRB) is a decentralized oracle protocol that enables smart contracts on Ethereum to securely access off-chain data. Data reporters compete to provide accurate information, earning TRB tokens as rewards.
As of February 23, 2025, TRB is trading at $35.63, with an intraday high of $42.47 and a low of $34.93.
Technical Analysis:
*Moving Averages: The current analysis indicates a Strong Buy signal, with 12 Buy signals and no Sell signals.
*Technical Indicators: The analysis shows a Buy signal, with 5 indicators suggesting Buy and 1 indicating Sell
Potential Entry Zones:
*Support Levels: Key support is identified at $325.47.
*Resistance Levels: Immediate resistance is around $42.50.
Market Sentiment:
*The bullish trend for TRB appears strong, supported by positive moving averages and technical indicators. However, traders should monitor for any overbought conditions and potential market corrections.
Indian benchmarks set to open lower on global demand, tariff woes
Indian benchmark stock indexes are set to open lower on Monday, tracking weakness in their global peers, after the U.S. equities tumbled in the previous session on concerns over softening consumer demand and tariff threats.
The GIFT Nifty futures were trading at 22,680.0, as of 07:29 a.m. IST, indicating that blue-chip Nifty 50 tab will open below Friday’s close of 22,795.90.
U.S. consumer sentiment hit a 15-month low in February and inflation expectations rocketed due to President Donald Trump’s tariff plans, as per latest data.
Most Asian markets fell, tracking the losses in the U.S. on Friday amid growth concerns.
The fear of stagflation in the U.S. is the biggest negative catalyst for markets, Mehta Equities said.
Stagflation, which refers to slowing growth and rising prices, in the world’s largest economy does not bode well for export-driven sectors such as the information technology segment in India.
✅ A quick summary of the impact on Indian markets ✅ Key levels for Nifty 50 or Sensex ✅ Possible trading strategies (buying dips, hedging, etc.) ✅ A call-to-action (e.g., "How do you see this affecting Indian stocks? Comment below!")
BTC is currently trading at $96,450.00, with a slight increase of $16.00 (0.02%) from the previous close. Today's intraday high is $96,900.00, and the low is $96,136.00.
Market Insight:
Bitcoin's price has remained relatively stable, with minor fluctuations observed today. This stability comes amidst significant events in the cryptocurrency space, including a major security breach and ongoing regulatory developments.
Key News:
♦Bybit Hack: Dubai-based cryptocurrency exchange Bybit reported a substantial security breach, resulting in the theft of approximately $1.5 billion worth of Ethereum. The company has assured clients of its solvency and is actively working to recover the stolen funds.
♦Regulatory Environment: Cathie Wood, CEO of ARK Investment Management, expressed optimism about Bitcoin's future, citing increased institutional adoption and a more supportive regulatory environment. She emphasized the fiduciary duty of money managers to understand this emerging asset class.
Pro Tip: Stay informed about market developments and consider diversifying your portfolio to mitigate potential risks associated with market volatility.
♦Recent Performance: The price has increased by 11.14% in the past 24 hours but has fallen by 98.89% over the past week.
Binance Coin (BNB):
♦Current Price: Approximately $655.85 per BNB.
♦24-Hour Trading Volume: Around $1.96 billion.
♦Recent Performance: The price has increased by 0.37% in the last 24 hours.
Please note that cryptocurrency prices are highly volatile and can change rapidly. For the most current information, consider checking real-time data on reputable cryptocurrency exchanges or financial platforms.
Nigeria suing Binance for $81.5 billion in economic losses and back tax
ABUJA, Feb 19 (Reuters) - Nigeria has filed a lawsuit seeking to compel cryptocurrency exchange Binance to pay $79.5 billion for economic losses it says were caused by its operations in the country and $2 billion in back taxes, court documents showed on Wednesday.
Authorities blame Binance, the world's largest crypto exchange, for Nigeria's currency woes and detained two of its executives in 2024 after cryptocurrency websites emerged as platforms of choice for trading the local naira currency.
Pi Network price drops 42% amid skepticism over upcoming mainnet launch.
The price of Pi Network (PI) IOU has taken a sharp downturn, dropping 42% in the past 24 hours, as growing doubts about its upcoming mainnet launch on February 20 weigh on investor sentiment. The steep decline reflects mounting skepticism surrounding the altcoin, particularly amid persistent rumors that Pi Network operates as a pyramid scheme. These concerns have made it increasingly difficult for the token to gain traction, with many investors remaining uncertain about its long-term viability.
We've been closely following the vibrant discussions within our community about Pi Network. Now, it's your chance to make your voice count! Participate in our Community Vote on the important question:
"Should Pi be launched on Binance?" Cast your vote — "Yes" or "No" — and share your thoughts in the comments below. Remember, you can only vote once, and your choice cannot be changed after submission.
📅 February 17, 2025, 14:45 (UTC) – February 27, 2025, 23:59 (UTC)
📊 Market Insight: TAO is making a strong push, hitting fresh highs! If bulls hold this level, a breakout rally towards $XX+ is on the cards. However, a failure at resistance could lead to a pullback before the next leg up.
💡 Pro Tip: Watch for volume spikes at key levels—momentum traders will step in if resistance turns into support! 🚀🔥 $TAO
Cryptocurrency market sees sharp selloff as trade tensions escalate
Trump’s own cryptocurrency, $TRUMP, slips below $20, a sharp decline from its January 19 peak of $73
Bitcoin dropped to a three-week low of $91,441.89 overnight and was trading at $95,730.35 at 0941 GMT, down 6.2% on the day. Ether, the second-largest cryptocurrency, has lost nearly 25% of its value since Friday, marking its steepest three-day decline since November 2022. It was last trading at $2,592.14.
The downturn followed U.S. President Donald Trump’s decision to impose 25% tariffs on imports from Mexico and most Canadian goods, along with a 10% levy on Chinese products, set to take effect on Tuesday. Canada and Mexico, the top two U.S. trading partners, quickly vowed to retaliate, while China announced it would challenge the tariffs at the World Trade Organization (WTO). #pakistanicrypto
Scammers are on the rise with a new trick—convincing users to share their seed phrases or transfer funds to so-called "safe" wallets. These wallets are actually controlled by the scammers, leading to loss of all assets.
🔴 How It Works: 1️⃣ Scammers pose as support agents, "security experts," or even friends. 2️⃣ They claim your wallet is compromised and ask you to transfer funds to a "secure" address. 3️⃣ Alternatively, they ask for your seed phrase, promising to "help" recover lost funds. 4️⃣ Once they gain access, they drain your wallet instantly.
⚠️ Stay Safe: ✅ NEVER share your seed phrase with anyone. ✅ IGNORE messages from unknown or suspicious sources. ✅ DOUBLE-CHECK official support channels before taking action. ✅ ENABLE security measures like two-factor authentication (2FA). Your seed phrase is the key to your crypto—keep it private and secure! 🔐 Spread the word and protect yourself! 🚀 #CryptoScam #StaySafe