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All-Time High Bitcoin Mining Difficulty Future Bitcoin's mining difficulty has recently reached a new all-time high, a significant milestone that underscores the network's growing security and resilience. This metric, which adjusts every 2016 blocks to maintain a consistent block generation time of approximately 10 minutes, reflects the increasing computational power dedicated to securing the Bitcoin network. What Does Increased Mining Difficulty Mean? • Enhanced Network Security: A higher mining difficulty implies that it becomes increasingly challenging for malicious actors to launch attacks like 51% attacks. This strengthens the network's security and protects its integrity. • Increased Energy Consumption: As more miners join the network to compete for block rewards, energy consumption associated with Bitcoin mining tends to rise. This has sparked debates about the environmental impact of the network. • Price Volatility: Increased mining difficulty can influence Bitcoin's price volatility. A surge in mining difficulty may lead to price fluctuations as miners adjust their operations to maintain profitability. Bitcoin Open Interest Surges Ahead of Elections In the lead-up to the U.S. presidential election, Bitcoin's open interest has seen a significant uptick. Open interest refers to the total number of outstanding futures contracts on a particular asset. A rising open interest indicates increased market activity and potential for heightened price volatility. Bitcoin Breaks Above $70K Bitcoin's recent surge above the $70,000 mark has generated considerable excitement and speculation. This milestone highlights the growing institutional interest in Bitcoin as a store of value and a hedge against inflation. However, it's important to note that such rapid price movements can be accompanied by periods of volatility. "Calm Before the Storm": Anticipating Volatility The term "calm before the storm" is often used to describe a period of relative tranquility before a significant event. In the context of Bitcoin, it suggests that the current period of relative price stability may precede a period of increased volatility. Several factors could contribute to this anticipated volatility: • Election Uncertainty: The outcome of the U.S. presidential election could have a significant impact on global financial markets, including the cryptocurrency market. • Regulatory Developments: Changes in regulatory policies can influence the price of Bitcoin and other cryptocurrencies. • Market Sentiment: Shifts in market sentiment, driven by news events, social media trends, or economic indicators, can lead to rapid price fluctuations. Navigating the Volatile Market Given the potential for increased volatility, investors and traders must adopt a cautious approach. Here are some tips for navigating the volatile Bitcoin market: • Do Your Research: Stay informed about the latest news and developments in the cryptocurrency market. • Diversify Your Portfolio: Spread your investments across different assets to reduce risk. • Set Stop-Loss Orders: Use stop-loss orders to limit potential losses. • Manage Your Risk: Avoid overtrading and stick to a well-defined trading strategy. • Stay Patient: The cryptocurrency market is known for its volatility. It's important to maintain a long-term perspective and avoid making impulsive decisions. In conclusion, Bitcoin's increasing mining difficulty, surging open interest, and recent price surge highlight the dynamic nature of the cryptocurrency market. While the potential for volatility remains, the long-term outlook for Bitcoin remains positive, driven by its underlying technology and growing institutional adoption.
MARKETSCOM:BITCOIN
by bryandowningqln
Technical Analysis and Future Forecast for Dogwifhat (WIF) MemeOverview: Dogwifhat (WIF) has garnered significant attention in the memecoin sector, especially following the successful launch of the DOGS token. This momentum suggests a prevailing trend favoring dog-themed cryptocurrencies during the current Bitcoin bull run. Price Targets: Target 1 (T1) : $5.67 Target 2 (T2) : $8.77 Target 3 (T3) : $12.00 Technical Indicators: W.ARITAs™ Indicator: Our proprietary W.ARITAs™ algorithm , which employs advanced quantum theory techniques to detect irregularities in large datasets, forecasts a strong bullish trend for WIF. On the 2-day timeframe, the indicator remains in the 'Lime Green' zone, indicating sustained bullish momentum. Momentum Assessment: Since its launch, WIF has exhibited robust upward momentum, aligning with the broader market's positive sentiment towards memecoins. Market Correlation: Historically, memecoins have shown a positive correlation with Bitcoin's performance. As Bitcoin approaches the $95,000 mark, we anticipate a corresponding surge in WIF's price, potentially reaching our projected targets. Conclusion: Based on our comprehensive analysis, supported by the W.ARITAs™ indicator and current market dynamics, we project that WIF is poised for significant growth. Investors should monitor the outlined price targets and consider the prevailing bullish indicators when making investment decisions. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consider their risk tolerance before making investment decisions.
Long
by insidermike
Is Solana the Next Big Crypto to Watch Out For? Solana's Resurgence: A Potential Bounce Solana (SOL), the high-performance blockchain platform, has been making headlines as it exceeds a crucial demand level of approximately $157. This level has acted as a strong support zone, withstanding recent market volatility. As the cryptocurrency market braces for the upcoming U.S. election and the Federal Reserve's interest rate decision, Solana's potential recovery has captured the attention of investors and traders alike. A Strong Foundation at $157 The $157 level has proven to be Solana's significant psychological and technical support level. It represents a critical juncture where buying pressure has consistently outweighed selling pressure, preventing a deeper decline. This resilience underscores the underlying strength of the Solana network and its community. Technical Analysis: Signs of a Bullish Reversal A closer look at Solana's technical indicators reveals several promising signs of a potential bullish reversal: • Relative Strength Index (RSI): The RSI, a momentum oscillator, has dipped below the oversold level, indicating that the selling pressure has waned. A rebound in the RSI could signal a shift in market sentiment and a potential upward trend. • Moving Averages: The 50-day and 200-day moving averages have crossed below the price, a bearish signal known as a death cross. However, if the price manages to break above these moving averages, it could trigger a bullish crossover, potentially leading to a significant price increase. • Volume: Increased trading volume often accompanies significant price movements. A surge in volume during a potential breakout above the $157 level could confirm the bullish momentum and attract more buyers to the market. The Impact of Macroeconomic Factors The upcoming U.S. election and the Federal Reserve's interest rate decision are two major events that could significantly impact the cryptocurrency market, including Solana. A highly contested election or a hawkish stance by the Fed could lead to increased market volatility and potential downside risks for cryptocurrencies. However, if the election results are clear-cut and the Fed adopts a more dovish tone, it could create a favorable environment for risk assets like cryptocurrencies. A potential rate cut or a pause in rate hikes could boost investor sentiment and drive demand for Solana and other cryptocurrencies. The Future of Solana Solana's ability to maintain its position above the $157 level and potentially break out to higher levels will depend on several factors, including: • Network Performance: Solana's network performance, including transaction speed and fees, will continue to be crucial for attracting developers and users. • Ecosystem Growth: The growth of Solana's ecosystem, including decentralized applications (dApps) and decentralized finance (DeFi) protocols, will drive demand for SOL tokens. • Institutional Adoption: Increased institutional adoption of Solana could provide significant price support and drive long-term growth. • Market Sentiment: Overall market sentiment towards cryptocurrencies will also play a role in Solana's price movement. In conclusion, Solana's position above the $157 support level is a positive sign, and a potential bullish reversal could be on the horizon. However, investors and traders should remain cautious and monitor the impact of macroeconomic factors on the cryptocurrency market. As the U.S. election and the Fed's interest rate decision approach, heightened volatility is expected, and it's essential to have a well-defined trading strategy in place.
COINBASE:SOLUSDLong
by bryandowningqln
1
Ripple | XRP is not a securityThe Southern District of New York concluded that Ripple’s Programmatic Sales and Other Distributions of XRP did not constitute the offer and sale of investment contracts. But Ripple’s Institutional Sales of XRP constituted the unregistered offer and sale of investment contracts in violation of Section 5 of the Securities Act. Adam Cochran: First Judge did decide institutional sales/fundraising was securities. But the programmatic sale on exchanges didn't meet third prong of Howey. So sales to users via exchanges may be fine, as long as it was through orderbook and not ICO/IEO/Launchpad like things. Bounties, investments in others using XRP, grants using XRP, and transfers to execs in XRP not considered securities The judge held that the XRP token itself is not a security, but the transactions and schemes around trading it need to discuss. The Judge: "XRP, as a digital token, is not in and of itself a contract, transaction, or scheme that embodies the Howey requirements of an investment contract.Rather, the Court examines the totality of circumstances surrounding Defendants’ different transactions and schemes involving the sale and distribution of XRP. ConsenSys lawyer Bill Hughes briefly explained the XRP court decision, saying that ultimately a jury will be needed to decide whether Ripple execs aided and abetted this unregistered issuance; the SEC is expected to appeal to the Second Circuit immediately.
Long
by moonypto
12
FET LOOKING NEW HIGHS - FET LONG OPPURTUNITY FET is the leading AI coin in the altcoin market, with strong fundamental momentum. This momentum could increase as AI stocks (like NVIDIA, AVGO, etc.) start reaching new highs. Technical Analysis: The price is coming from the monthly demand zone, where it faced strong rejection and created a bullish weekly structure. The weekly demand also supported recent bullish momentum. Currently, we are inside the daily demand zone and below the equilibrium of the weekly swing, indicating that the price is at a discount. I’ll be targeting the purple line once we break and close above the green trendline, which has been holding the lower time-frame bearish structure over the past few days.
Long
by UA_CAPITAL
USDT depegged today but Why?About 12 hours ago, whale"0x3356" created a new address to deposit 52.52M USDC and borrowed 40M USDT on Aave and Compound then he started depositing 40M USDT into Coinbase and Kraken 6 hours ago, USDT started depegging after whale"0x3356" deposited USDT to exchanges and whale"0x3356" withdrew 25M USDC from Coinbase 4 hours after depositing USDT. then about 5 hours ago, 2 whales sold a total of 9.6M USDT at a similar time after USDT depegged, CZSamSun shorted USDT on AaveV2 4 hrs ago,Whale"0xd275" started to borrow USDC from Aave and Compound and buy USDT for arbitrage after CZSamSun shorted USDT USDT started back to the peg, but due to multiple FUDs, whales keep dumping USDT USDT further depegged.. pro traders trade coins legends trade stable coins
by moonypto
10
$LQTY Some People Are Going To Bed EarlyMission: Anticipating a downside move as $LQTY taps resistance. Trade Details: Position: Short ( -_•)Entry Price: 0.8735 ❌🛑Stop Loss: Above key resistance level to limit exposure Technical Rationale Resistance Level: $LQTY has approached a resistance level, showing signs of potential reversal. Bearish Sentiment: If resistance holds, the setup favors a short position with a strong risk-to-reward profile. Risk Management Stop-Loss Strategy: Tight stop above resistance to protect against upside risks. Position Sizing: Ensure position size aligns with risk tolerance and stop loss placement.
Short
by swurveeydope
DOGECOIN-USD bucking the sleepy Crypto trend Saturday If you want to see a strong chart structure, open a chart of Dogecoin-USD, it kind of reinforces that it means business in its pricing going much higher, plus you start to understand why many Crypto-gurus and collectors have this one in their Top 10 right up there with the likes of Bitcoin and Solana. I am a holder, but I noticed all of the other Crypto is in the red today, and this one is doing all the work and heavy lifting.
EIGHTCAP:DOGEUSDLong
by Easy_Explosive_Trading
Could ArkiTech's Coin Price see $0.05 by the end of the Year?UNISWAP:ARKIWETH_8EE318.USD looks poised to make a key decision in price. With the recurring revenue set up and already making bank, the development team making waves in the space, and the consistent natural growth of all the product offerings the company is putting out, I expect that we should see five cents at least by the end of the year. I've also heard that there are some new exciting features coming soon to their suite of software offerings... :)
UNISWAP:ARKIWETH_8EE318.USDLong
by tankingtomawar
PAXGUSD: A Crypto tracking Gold & ownership of the asset Easier simply to quote what it's all about from their website Paxos.com PAXG offers investors a cost-effective way to own investment-grade physical gold with all the benefits of the blockchain. Each Pax Gold (PAXG) token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. If you own PAXG, you own the underlying physical gold, held in custody by Paxos Trust Company. I just took a look at the Gold and Silver charts and their medium & longer term outlook. I can't even see a decent correction on the nearby horizon, Silver looks even in greater shape than Gold but both are staying strong and bullish is my assessment. This PAXG they are talking about a massive compounding of its price in only a year or 2 and beyond that it is almost hard to believe. DYOR. "PAXG offers investors a cost-effective way to own investment-grade physical gold with all the benefits of the blockchain. Each Pax Gold (PAXG) token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. If you own PAXG, you own the underlying physical gold, held in custody by Paxos Trust Company."
EIGHTCAP:PAXGUSDLong
by Easy_Explosive_Trading
2
DEEP/USDT strongest Altcoin - more gains to come?At this time, DEEP, a SUI supporting coin is one of the strongest Altcoins in the market. With BTC at key breakout level, DEEP/USDT could lead to further gains and continue it's trend higher, if it will not break lower. Given the momentum in DEEP, I think we can see 0.1 by the end of the week and further gains in a longer time period. Always enter at your own risk and remember that investing and trading is risky. DEEP remains strong. Because they buying - I am buying. After all, deep pockets buy deeeeeeeep.
Long
by simagain
4
WLD | WORLDCOIN & Sam Altman 🌎What if I told you, all you need to do to get free money is to look into this Orb! would you do it? Worldcoin wants to give everyone free crypto in exchange for scanning their eyeballs which at this time, over 2 million people have signed up The project has garnered serious attention and has early investors such as Andreesen Horowitz, Coinbase Ventures, LinkedIn Cofounder Reid Hoffman, Solana founder Anatoly Yakovenko, Polkadot founder Gavin Wood and even the infamous degen SBF himself! In March 2022, a funding round brought Worldcoin’s valuation to an eye watering $3 billion. The price of Worldcoin is $2.2 today with a 24hour trading volume of 300 million dollar but Why are VCs pouring money into Worldcoin and why does Worldcoin want your eyeballs ?! Tools for Humanity, the company behind Worldcoin, is co-founded by Alex Blania and Sam Altman.you might be more familiar with Sam as he is also the founder behind OpenAI, the company behind the AI chatbot ChatGPT, which took the world by storm since its release in November last year. The wild success of ChatGPT also spawned an AI arms race between tech giants, which probably means AI will only get more advanced from now. The rapid advancement in AI is now worrying the public as AIs are now able to ace the SAT, create increasingly convincing deepfakes, and probably most concerningly, remove the need for humans in the workforce. Perhaps it’s a coincidence, but Sam has a solution for the identity problem as well as for aiding people whose jobs are taken by AI…Worldcoin. In a world set to be increasingly impacted by AI, Worldcoin purportedly aims to provide individuals a way to verify ‘personhood’ as well as access to universal basic income.To achieve this, Worldcoin is attempting to create a global digital identity and financial network using blockchain technology. Worldcoin is currently testing its smart contract on the Polygon Network but is in collaboration with Ethereum Layer2 Optimism to build on and migrate to its network.The team has launched World App in May, a non custodial wallet which enables its users to transact with the Worldcoin token and a few other cryptos, as well as interact with dApps on the Ethereum ecosystem. However, the key feature of World App is enabling World ID,Its is a global digital passport that allows users to prove their identity while preserving their private information through the use of cryptography and zero knowledge proofs. World ID can help establish ‘proof of personhood’,meaning to prove that someone is a real, unique human. Proof-of-personhood could be useful to prevent the spread of misinformation by realistic AI-generated content, as well as limiting Sybil-attacks, which are basically online attacks where a single attacker assumes multiple fake identities to gain influence over a network. As World ID gets more adoption, it’s meant to be used as a method to sign in to websites, mobile apps, and crypto dApps, perform actions such as voting in DAOs or even government elections, as well as receiving aid from NGOs and government programs. As of now, to obtain a verified World ID,users are required to gaze into the infamous Orb. The Orb will perform an iris scan and a machine learning algorithm within the Orb will ensure that the eyeballs scanned are indeed real human irises and not something else, like colored contact lenses or... a cat. Then the iris scan will be converted to a hashcode or as Worldcoin calls it, ‘IrisHash’. As soon as the code is generated, the Orb supposedly deletes any images from the scan. Within the Orb, the IrisHash is encrypted with a private key before being uploaded on-chain and cross-checked with the existing catalog of IrisHashes. If the IrisHash does not match any records,it will be added to the catalog. When Worldcoin launches, each verified World ID owner will then be eligible to claim their one-time airdrop of MIL:WLD tokens. which worth 50$ right now Many have asked why World ID needs iris scans for proof-of-personhood.Supposedly, it’s because the human iris has a very high degree of randomness, making it a much more effective biometric than faces or fingerprints to differentiate between billions of individuals and establish proof-of-personhood. Unsurprisingly, Worldcoin’s decision to create a global digital identity network using iris scans has raised a lot of eyebrows, understandably so due to its uncanny similarity to what you’d see in a Black Mirror episode. Just as Worldcoin was introduced back in October 2021, NSA whistleblower Edward Snowden slammed the use of iris scans. Although Worldcoin has promised that the iris scans will not be saved, Snowden pointed out that the hashcodes produced by these scans are still saved and would match future scans, and that the use of zk-proofs doesn’t justify the use of biometrics for anti-fraud. There is also pushback from the crypto community- some argued that the ability to use multiple accounts in Web3 for privacy is a feature, not a flaw; and though most agreed that Web3 is in need of protection against sybil-attacks, it is not necessary to have 100% sybil-resistance as long as there is a method that can prevent a large enough percentage of sybils. Additionally, MIT Technology Review released a damning report last year against Worldcoin on the revelations upon investigating Worldcoin’s field testing.Much of its early field testing is conducted in poorer, developing countries such as Indonesia,Sudan and Kenya where data privacy regulations are weaker and whose communities were the most financially impacted by the pandemic. The lengthy report revealed that Orb operators were given limited information during recruitment, other than being made aware that their payment is based on the number of signups they achieve. Operators were then employing strategies such as hosting giveaways of cash and Airpods to encourage sign-ups while providing participants little information on Worldcoin’s campaign. On top of that, Worldcoin claimed that only an iris scan is needed for sign-ups.However, orb operators also requested email addresses and phone numbers of participants, which a Worldcoin representative denied as part of the data collection practice. A black market for verified iris scans has even popped up in China where the Worldcoin app isn’t supposed to be available, though the Worldcoin team is attempting to contain the issue. Furthermore, the project was found to have made contradictory claims of compliance with EU data regulations and was accused of lacking transparency in its data collection practices. While it seems that Worldcoin is neck-deep in controversies, the project has just received another $115 million in a series C funding round last month. Onboarding billions of people to create a global digital identity and financial network to distribute universal basic income is a tall order. With the backlash it's getting from its field-testing and many wondering if Worldcoin is simply a cover for mass data collection, it remains to be seen whether Worldcoin can deliver on their promises. Unlike offshore exchanges, none of the U.S.-based cryptocurrency exchanges such as Coinbase Kraken has Worldcoin listed. Worldcoin notes that WLD tokens are not available to persons or companies residing in the United States, however World ID and TFH's World App are still available in the United States. also the founder of the security agency Slow Mist said that if Worldcoin succeeds, it will be an evil product, but there is a high probability of failure. the iris is almost the most stable and long-lasting unique mark of human beings. The promise of the Worldcoin white paper is good, but it is still possible for hackers to paint a portrait through the hash information!
by moonypto
23
SHIBA INU at a Critical Level (Daily to 30-Minute Time Frame)As requested by a follower, here’s the follow-up to my last chart. SHIB is now sitting at a critical 0.0000177 support level. Will it hold, or are we heading lower to 0.00001666? Key Levels to Watch: Support: 0.0000177 Bearish Target: 0.00001666 Current Trend: If buyers hold 0.0000177, we could see a rebound toward higher levels. If sellers increase pressure, expect a drop to 0.00001666 before any potential reversal. What to Watch: Monitor volume—bulls need to step in soon. Keep an eye on the 30-minute chart for signs of a bounce or breakdown. Appreciate your engagement. Let me know if this helps. Bullish or bearish, what’s your take? MB Trader Trade What you see
CRYPTO:SHIBUSD
by Mindbloome-Trading
2
SEI | Wen Airdrop ?Every time a new token launches, there’s a surge in excitement and hope, kind of like the night before a big concert.the price of Sei is $0.21 today with a 24hour trading volume of 480 million dollar. This represents a 20% price increase in the last 24 hours with a circulating supply of 1.8 Billion SEI, Sei is valued at a market cap of 400 million dollar. Sei aims to create a blockchain that paves the way for effortless asset exchanges, according to its creators. Be it assets linked to social platforms, gaming, or even NFTs, Sei aspires to deliver the smoothest user experience.Earlier in May, Sei Labs secured $30 million in two funding rounds, with notable investors like Jump Crypto, Multicoin Capital, and Flow Traders backing them. Sei also announced a cross chain airdrop for users who participated in Atlantic 2 testing and Sei Ambassador Program. Moreover, selected active users of popular blockchains including Solana, Ethereum, Arbitrum, Polygon, BNB Chain and Osmosis are likely to be whitelisted and eligible to take part in airdrop. Atlantic and Airdrop rewards will be claimable following an initial warmup period while the Sei Ecosystem get prepared.
by moonypto
3
Sell WIF/USDT Wedge Breakout in H4The WIF/USDT pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Days. Key Points: Sell Entry: Consider entering a short position around the current price of 2.61, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2.22 2nd Support – 2.03 Stop-Loss: To manage risk, place a stop-loss order above 3.01. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
1
Sell TAO/USDT Channel Breakout H4 The TAO/USDT pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Days Key Points: Sell Entry: Consider entering a short position around the current price of 607, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 494 2nd Support – 422 Stop-Loss: To manage risk, place a stop-loss order above 687. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
3
BTC UPDATE 📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me ! Best Regards , Davis 🥰 Hit the like 🤞🏻 button to !! Motive some energy !!🥇 📌 Note : ⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻 ⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading ⨹ This is my pre and post market analysis to improve my trading journey 🚀 ⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀 ⫸ You are responsible for your trading ✅ not me ❌ ⫷ HAPPY TRADING 🥰
BITSTAMP:BTCUSDLong
by TRADING_MASTER_DAVIS
BITCOIN ONCE MORE ON THE RISE!!Hello and welcome back friends i have some exciting cooks for the next crypto PUSH of 2025. Bitcoin is looking great despite the world events which is nothing more than a reason to set up bitcoin for its spring to the upside. After a war there's always profits once it resolves. Indicator (1). Donald T. Speculation if he wins it will push crypto, he is pushing a crypto narrative and wants to make the USA a BTC/Crypto Hub. Indicator (2). Banks are having innovation coming in 1-2 years through company SWIFT for adaptation of Digital Currency. Indicator (3). XRP just received greenlight for adaptation as one of DUBAI's currencies. Check your own facts so that you can correlate to this post as ive done my research to. Its just funny, as well as interesting to notice how the chart TELLS US where the market will go, and then the world events make it happen. Absolutely amazing to have conviction through these markets at these very moments we are in a bearish dip for BETTER BUYS. This baby will continue to pump thorugh 2025. Now..... For the Analaysis haha. As we can see from the chart BTC seems to have a strong floor here at the 60,000 Price range. i have it marked up by a green textile box that price has a great level of support and resistance if you notice to the left. Currently sitting on the 0.236 of our Fibbs from a swing low to swing high out look, and as the jingle goes from low to high we're looking for buys at key levels of the fibb. If she decides to dump a little further for reasons of war & fear, but as stated earlier thats actually a good thing for a higher push in economies. Black swan events despite being unfortunate bring prosperity in goods overtime. This level would be the 0.382 or price at 51,500 of BTC. this will be another VERY strong floor for BTC to quickly recover from notice the wick Monday 5 Aug. We're in for some Bullish runs team Lots of love keep yourselves well and DCA through this crypto market build your portfolios and HODL for 2025.
BITSTAMP:BTCUSDLong
by DegenJake_
Aleo | Layer1 & zero knowledge Aleo is the first platform to provide fully private applications. It accomplishes this by using decentralized systems and zero knowledge cryptography to secure user data online. At its foundation, Aleo delivers unlimited computing power with complete privacy for both users and developers. Designed as a blockchain that is private by default, open-source, and web-focused, Aleo is seen by its developers as uniquely capable of addressing challenges in blockchain adoption. With Aleo, users can access a wide range of personalized web services while retaining full control over their private data. Aleo operates on its own independent blockchain. It is available for trading on 4 markets and 7 exchanges, with Gate .io being the most active so far. Coinbase added Aleo to its platform around 24 hours ago under an experimental label. which means the asset is new to the platform, typically exhibiting lower trading volumes and higher volatility. speaking of coinbase, Aleo recently revealed a partnership with Coinbase to offer custodial services and other initiatives. Aleo’s CEO, Alex Pruden, highlighted Coinbase’s extensive expertise and strong infrastructure as key factors in their decision. The US-based cryptocurrency exchange operates in various sectors, notably working with institutions like the US Department of Justice through its Coinbase Prime service Aleo has attracted investment from a range of notable venture capital firms and investors. Some of the key investors in Aleo include: a16z Andreessen Horowitz, Tiger Global, SoftBank Vision Fund 2,Samsung NEXT, Coinbase Ventures, Galaxy Digital, Polychain Capital..these investors highlight strong backing from both crypto focused and traditional investment firms we going to bullmarket phase and Aleo can hit higher targets as well
Long
by moonypto
9