Cetus Protocol | CZ, Cetus & BinanceWhen the Protocol Is More Stable than Your Love Life!
Cetus is a decentralized exchange aka DEX and concentrated liquidity protocol developed on the Sui and Aptos blockchains. Its mission is to establish a robust and adaptable liquidity network that simplifies trading for users and assets. Cetus aims to deliver an optimal trading experience and enhanced liquidity efficiency to DeFi users by building a concentrated liquidity protocol alongside various interoperable functional modules
Cetus Protocol pumped 60% after Binance Partnership News!
Also the trading volume jumped 900%, now you see why CZ end up in jail
The price of Cetus is $0.42, reflecting an 11% decline over the past 24 hours. The ATH of $0.49 was achieved on November 10, 2024, putting the current price down by 12% from its peak
Cetus Protocol has a circulating supply of 588.30 million tokens out of a maximum of 1 billion. Over the last 24 hours, its trading volume has reached $172.43 million. CETUS’s lowest recorded price was $0.026 on June 12, 2023, making the current price approximately 1,500% higher than its all-time low.
Cetus Protocol is traded on 21 markets across 25 exchanges, with Binance being the most active. It holds a 0.01% share of the cryptocurrency market, with a market capitalization of $ 251 million
CZ
BnbBnb usdt Daily analysis
Time frame daily
Risk rewards ratio >2
My last bnb analysis was reached target.
Now I set a new target and new entrance
We heard news that CZ wants to come back to Binance and it depends on Mr. TRUMP
Another news we heard about alt season
These are good news for altcoins and bnb coin.
If bnb can break the strong resistance area ( blue box on chart ), may be a good pump starts.
BNB macro analysis ⏰ binance coin 🪙Hello 👋 it's me your RAJ 🙂 professional trader ✨
This idea 💡
is completely my own analysis to explain situation _&_ market conditions of BINANCE coin 🪙
How this coin valid for long term 📌 including fud & news 🗞️ explained clearly 📌 #DYOR
Key 🗝️ points 👍
👉 here previous basic analysis on BINANCE:BNBUSDT clear observation chart 📉📈
👉 if highly impossible to break previous low 🔅 $183.4 🔅
👉 if low was broken 💔 😂 there was cme gap untill $35-50 so Max PPL think 💬
we will reach there 📌 it's highly impossible #IMO but if that happens I am ready with backup 💰
👉 I am not showing wyckoff theory in chart 📉📈 but I used it 👍 if any fud / bad news 🗞️ on
BINANCE:BNBUSD there will be spring bottom 🙂 $160 - $120 📌 i don't think it goes lower 😸 $100
👉 Don't compare this coin with $FTXUSD , binance coin will not reach $0 or below $40
👉 one most anticipated and active chain ⛓️ with more user's 🪙 BINANCE:BNBUSD binance coin 📍
👉 I belive in " CZ " and in his game 🎮 play ▶️ more than candles and other coins 😂
If he lose , everything in market going to lose 📌 bcs he bought those top 100 coins 🪙
👉 More points 👍 will be added in upcoming updates down 👇 this article 🧾 follow idea 💡
👀 Falling widge pattern
👀 5.5 year's trend 📈 line -> resistance will turn into support now 📌
👀 wyckoff theory 📍 1w time frame ⏰
👀 Completing bearish 🐻 wave 🔠 ( a , b , c , d & e )
👀 Oder block + high supply zone at $560 - $600
👆 so far found technical analysis #TA on BINANCE coin 🪙 BINANCE:BNBUSD
Here my accumulation phase 📍 BUYING 80% LIQUID 💰 + 20% backup liquid 💰
Phase 1 -> $200 - $180 ( 40% - 200/180 )
Phase 2 -> $120 - $150 ( 40% - 120/150 )
Here my distribution zone 📌 SELLING
🎯 :: 400
🎯 :: 560
🎯 :: 1100
🎯 :: 1500
Actually I am expecting even more 😅 but i will update you based on bottom 😉
▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌
Note 👀
👉 keeping comments , reacting with emojis , pointing us is very easy to some people
They think 💬 what they see 📌 that was knowledge 📌
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important ☺️
Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛
I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day 😊
🧵👉
TWT will be next 10-100x bull run Breaking above red box no new low 🔅 stright forward 4-6x
Below always chance to complete $0.5 below 📍
Return to $5-8 it's 10x
Based on move we can decide will it beat 100x or settle with in 10x
U need to know project things 😉 it's always different direction in Crypto 🔮
Last bear run it completed bull run top 🔝
$50-200 possible i don't know if target reach fast 😹 i will update here 🙂
Don't let a few red Candles shake you out of you #CRYPTOpositions.
You should have had plenty of time to accumulate bluechip #ALTS and #ETHEREUM
Red candles are a blessing this year, if your still positioning yourself for the next Bull run
We will swing wildly between Hope and Despair on the #WallSt cheat llst
Yet the path remains up.
Remember #ETH was sub $900 last June
Maybe the doubters will change their mind after a Triple :)
FTT , FTX and SAM vs. CZPeter Brandt just post a head and shoulders pattern for FTT!! anyway...
in the hours before FTX secured rescue from Binance, it sought a bailout of more than $1 billion from Silicon Valley and Wall Street billionaires. By midday Tuesday the hole appeared far deeper closer to $5 billion to $6 billion. SBF wrote in a message to staff sent on Tuesday morning, “in the last 72 hours, we’ve had roughly $6b of net withdrawals from FTX”. Withdrawals at FTX are “effectively paused”, he wrote, adding that would be resolved in “the near future”
targets 5 , 4 , 3
The Upcoming Collapse of USDT Theter - Thesis Binance and its CEO ‘CZ’ plead guilty to federal charges and agreed to pay $4.3B in fines.
But that`s not all!
The crypto market is facing increased scrutiny as part of an agreement between Binance's CEO, CZ, and the U.S. Securities and Exchange Commission (SEC).
This agreement grants the SEC unprecedented access to Binance's comprehensive records, shedding light on various transactions, fraudulent activities, and instances of price manipulation linked to tether, which significantly influenced the surge in Bitcoin's value.
Of particular interest to regulatory authorities is the revelation that CZ has agreed to provide the SEC with access to tether transactions, signaling a deeper investigation into the controversial stablecoin. Tether (USDT) has long been tethered to the value of the U.S. dollar, yet recent events have sparked concerns about its stability and transparency.
What makes this development particularly noteworthy is the emerging focus on tether by U.S. agencies, who seem to be strategically positioning themselves to potentially replace it with Central Bank Digital Currencies (CBDCs). Unlike stablecoins such as USDT, CBDCs are issued and regulated directly by the central bank of a country, eliminating reliance on private entities or community-driven initiatives.
As the SEC gains access to the intricate details of Binance's operations and tether transactions, the crypto community is left on edge, grappling with uncertainties regarding the future of stablecoins and their role in the broader financial landscape. The evolving narrative suggests a potential paradigm shift as regulatory bodies aim to instill confidence in the market through the adoption of government-backed digital currencies over privately issued stablecoins.
The SEC's focus extends beyond Binance to specifically target USDT, with the intention of replacing it with Central Bank Digital Currencies (CBDCs) to assert control over all transactions. This strategic move is seen as a prerequisite for potential approval of an ETF in the future. Notably, Binance has been implicated in facilitating transactions linked to terrorist groups, including Hamas' Al-Qassam Brigades, Palestinian Islamic Jihad, al-Qaida, and ISIS, as highlighted in a statement by Treasury Secretary Janet Yellen.
Looking forward to read your opinion about it!
Binance Coin (BNB)The world's largest crypto exchange by volume, Binance continues its push into the embattled crypto mining industry with a plan to begin offering a crypto cloud mining product next month. crypto miners have had a tough year, with the price of bitcoin having hung around $20,000 for months, a far cry from its peak above $68,000 in November 2021. Other cryptos have faced similar or even worse declines. One of the largest mining-related firms in the U.S. filed for Chapter 11 bankruptcy in late September. Other companies, however, are seeing opportunity from this crisis, with CleanSpark going on a buying spree of mining rigs and data centers, and DeFi platform Maple Finance starting a $300 million lending pool
Binance Pool announced its own $500 million lending fund for bitcoin miners last week and said it would enter cloud mining, a service that allows investors – who otherwise might not be able to buy and operate their own equipment – to rent crypto mining machines. The official launch of the cloud mining service will come in November.
BNB can back to 300 in a short time but 195 is a good price for entry and long term investment
BNBUSDT Targeting 2021 All-Time High Amid CZ's Release!!BNBUSDT has successfully broken through key resistance levels and is gaining momentum towards the all-time high seen during the 2021 bull market. With Binance founder CZ set to be released today after serving 119 days in prison, this event may significantly impact BNB's price action.
Expecting a substantial upward movement, but as always, ensure you have your stop-loss in place to manage risk effectively.
BNBUSDT (1W Chart) Technical analysis
BNBUSDT Currently trading at $608
Buy level: Above $600
Stop loss: Below $500
TP1: $650
TP2: $720
TP3: $850
TP4: $1000
Max Leverage 3x
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Trust Wallet (TWT)TWT has one of the easiest pattern for future traders and like to repeat its pattern over and over again
Trust Wallet price today is $1.08 with a 24-hour trading volume of $11 million and the price is up 4.9% in the last 24 hours. It has a circulating supply of 420 million tokens and a total supply of 1 billion
Trust Wallet token is a utility token that can only be used within the trust wallet app.What are the Incentives of (TWT)? Governance token that will be used by anyone who wants to take part in making decisions for adding new blockchain support, tokens and product features. Discounts on DEX services and purchasing crypto within the app. Collectible Marketplace, anyone interested in trading, selling or buying digital collectibles can utilize the token in a user-friendly environment.
1.2 is a good time to take some profit as well
Why BNB will Break Above $4,000: A Technical Analysis BNB, the native token of the Binance blockchain ecosystem, has been exhibiting remarkable strength and resilience amidst the recent market downturn. While the overall cryptocurrency market has experienced significant volatility, BNB has held its ground and demonstrated a strong potential for continued growth. This article delves into the technical and fundamental factors that support BNB's bullish outlook and suggest its price could surpass $4,000 in the coming months.
Technical Analysis:
Daily Timeframe:
BNB has consistently formed bullish triangles on the daily timeframe, breaking out of each pattern with upward momentum. The most recent breakout propelled BNB from $300 to $600, marking a remarkable 100% gain. This pattern suggests that BNB is poised for another significant upward move.
Weekly Timeframe:
Currently, BNB is trading within a horizontal accumulation pattern on the weekly timeframe, a consolidation phase that has lasted for over 1,000 days. However, within this larger consolidation, BNB has established a tighter trading range, creating a spring-like effect. This pattern suggests that a breakout from the horizontal range and a surge towards $5,000 could be imminent.
Monthly Timeframe:
On the monthly timeframe, BNB has never exhibited bearish sentiment, consistently trading within an ascending channel. This uptrend has been further reinforced by a recent retest of the lower channel boundary, demonstrating strong support and a continuation of the uptrend.
Fundamental Factors:
Binance Ecosystem Growth:
The Binance ecosystem has experienced tremendous growth in recent years, expanding its services, user base, and transaction volume. This growth has directly benefited BNB, increasing its utility and demand.
BNB Burning Mechanism:
Binance regularly burns significant amounts of BNB through its buyback and burn program. This mechanism reduces the circulating supply of BNB, creating scarcity and driving up its price.
Staking Rewards:
BNB holders can earn attractive staking rewards by locking up their tokens and participating in various validation nodes. These rewards further enhance the token's value and incentivize long-term holding.
Inflation Resistance:
Unlike fiat currencies, BNB's supply is capped, making it inherently resistant to inflation. This characteristic positions BNB as a hedge against inflation and a store of value.
Conclusion:
BNB's technical analysis and fundamental factors paint a compelling picture of a token poised for significant growth. The consistent bullish patterns, strong ecosystem growth, token burning mechanism, staking rewards, and inflation resistance all contribute to BNB's bullish outlook. While market conditions can always change, the weight of evidence suggests that BNB has the potential to break above $4,000 and continue its upward trajectory.
BNB Faces Potential Sell-Off Following CZ's Sentencing TodayThe news of Binance's billionaire founder, Changpeng Zhao, being sentenced to four months in prison after pleading guilty to charges of enabling money laundering at his crypto exchange could potentially trigger a selloff in BNB.
This development raises concerns about the governance and regulatory compliance within the exchange, which may lead investors to reassess the risks associated with holding BNB.
Uncertainties surrounding the impact of Zhao's absence on Binance's operations and future prospects could further contribute to downward pressure on BNB prices in the near term.
My price targets are: $510, $425 and $315.
#GAMEFI is a winning Crypto category along with #AI & #MEMESTherefore will produce the best returns
(along with #DEFI again)
To simplify investing
how do we take advantage of #CZ being forced to step down, fined, publicly flogged
His crime running the best crypto business in history.
Invest in a #BSC project that could 10X in rapid fashion
Got the best ticker
on CZ's public blockchain
and can be bought with a DEX on pancakeswap
***** I just found this , and I am ignoring the rapid price runup
this is not the time to be looking for DEEP pullbacks
Do you like idea...? (BNB)❤️❤️Thanks for boosting 🚀 and supporting us!
📈just live in reality life in real chart😎
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
BNB may return to its previous positionIf we look at the big picture, we see that a downtrend has been broken and support levels are working. A possible shoulder-head-shoulder pattern is also visible. There is a possibility to continue to rise from here, but I expect a downward movement close to the support. Therefore, I entered a buy order at 236 and will wait from now on.
In my opinion, BNB will be bullish in the ETF hype movement after the beginning of the year. I would also like to remind you that Binance is bigger than CZ.
🔥FTX RESTART CAN SEND THE TOKEN TO NEW HIGHSThe first wave of FTT growth begins on the news about the exchange relaunch. I bought this altcoin at $1 and wrote about it here.
The second wave of growth could start on the news about Binance regulation and upcoming FTX relaunch.
💥 The targets are on chart!
like❤️ and follow
MY FIRST IDEA ABOUT FTX Token. The FTT/BUSD pair was delated and I can't make an update of the idea. Check it!
FTT FTX 3.55 | Key levels for 10x payout like Celsius Voyager Luna theres always a big pump after the artificial dump
we await that white knight or bail out cross deals
the value of this COIN is the user base of FTX which came from Binance & Bitmex in 2019
excluding heavy hitters that get bailed out when the price tanks below their COST Of ENTRY
Updated with Levels. (We stay LONG!)Hello, Traders! 👋
First of all there is a video explaining this chart:
While we delve into Bitcoin chart, it's crucial to address the elephant in the room: Binance's recent legal woes:
Binance, helmed by Changpeng "CZ" Zhao, faced a significant setback with a $4.3 billion penalty for violating anti-money laundering and sanctions laws. CZ himself pleaded guilty and agreed to a $50 million fine, stepping down as CEO. Such events remind us of the ever-evolving landscape of crypto trading. 🌍⚖️
Key Takeaways:
Binance's Legal Challenges:
The world's largest crypto exchange's troubles underscore the importance of regulatory compliance in the crypto sphere. This situation might impact market sentiment, so let's stay vigilant. 🚨📉 news link
Impact on Bitcoin:
Despite these external pressures, Bitcoin shows resilience. We're closely monitoring how these developments might influence BTC's support and resistance levels. 📊💪
Technical Analysis Breakdown:
Channel Dynamics: Amidst the market uncertainties, our focus on the channel's middle as a significant support/resistance level remains steadfast. 🔄
Fibonacci Insights:
The $37,600 mark is a key level. We're bullish above and bearish below this point, navigating the waves of market reaction to Binance's news. 🐂🐻
Fundamental Factors:
The crypto world is adapting to regulatory shifts. With such changes, fundamentals like ETFs and Fed policies become even more crucial. 🌟📈
Trading Strategy:
Adapting to Changes: The Binance situation might cause market ripples. Stay adaptive and ready for potential shifts in our trading strategies. 🔄🎯
Long vs. Short: Bullish above $36,000; bearish below. We're watching how the market digests Binance's news and its impact on BTC. 📈📉
The Big Picture:
Keeping our long-term view, we aim for the $46,000-$49,000 range, while being cautious of interim dips. 🎢📊
Final Thoughts:
In these tumultuous times, remember the power of hedging. Balance your positions to navigate through this dynamic market landscape. 🛡️⚖️
Stay tuned for more updates, and let's sail through these challenging crypto seas together! 🚢💼
One Love,
The FXPROFESSOR ♡
FUD: Fear, uncertainty and doubt:
I like to say Despair, it reflects most of the leveraged traders emotions better than just 'Doubt'.... ( ps. the last SEC FUD:
)
📈🔍 Bitcoin's Resilience Amidst Binance's Legal Turbulence 🌍⚖️Hello, Traders! 👋
While we delve into Bitcoin chart, it's crucial to address the elephant in the room: Binance's recent legal woes:
Binance, helmed by Changpeng "CZ" Zhao, faced a significant setback with a $4.3 billion penalty for violating anti-money laundering and sanctions laws. CZ himself pleaded guilty and agreed to a $50 million fine, stepping down as CEO. Such events remind us of the ever-evolving landscape of crypto trading. 🌍⚖️
Key Takeaways:
Binance's Legal Challenges:
The world's largest crypto exchange's troubles underscore the importance of regulatory compliance in the crypto sphere. This situation might impact market sentiment, so let's stay vigilant. 🚨📉 news link
Impact on Bitcoin:
Despite these external pressures, Bitcoin shows resilience. We're closely monitoring how these developments might influence BTC's support and resistance levels. 📊💪
Technical Analysis Breakdown:
Channel Dynamics: Amidst the market uncertainties, our focus on the channel's middle as a significant support/resistance level remains steadfast. 🔄
Fibonacci Insights:
The $37,600 mark is a key level. We're bullish above and bearish below this point, navigating the waves of market reaction to Binance's news. 🐂🐻
Fundamental Factors:
The crypto world is adapting to regulatory shifts. With such changes, fundamentals like ETFs and Fed policies become even more crucial. 🌟📈
Trading Strategy:
Adapting to Changes: The Binance situation might cause market ripples. Stay adaptive and ready for potential shifts in our trading strategies. 🔄🎯
Long vs. Short: Bullish above $36,000; bearish below. We're watching how the market digests Binance's news and its impact on BTC. 📈📉
The Big Picture:
Keeping our long-term view, we aim for the $46,000-$49,000 range, while being cautious of interim dips. 🎢📊
Final Thoughts:
In these tumultuous times, remember the power of hedging. Balance your positions to navigate through this dynamic market landscape. 🛡️⚖️
Stay tuned for more updates, and let's sail through these challenging crypto seas together! 🚢💼
One Love,
The FXPROFESSOR ♡
FUD: Fear, uncertainty and doubt:
I like to say Despair, it reflects most of the leveraged traders emotions better than just 'Doubt'.... ( ps. the last SEC FUD:
)
Crazy Week in Bitcoin and Cryptos📰 Double Whammy: Bittrex Shutdown and CZ's Legal Woes Unsettle Crypto Markets!
🚨 Bittrex Shutdown Impact:
Despite the looming closure of Bittrex Exchange on Dec. 4, BTCUSD on the platform soared to $46,000, creating a buzz in the crypto sphere. Explore the chart:
🔒 Binance's Legal Turmoil:
Adding to the turmoil, former Binance CEO Changpeng Zhao (CZ) faces legal constraints. As per federal prosecutors, CZ, having pleaded guilty, cannot leave the U.S. ahead of his February sentencing for violating the Bank Secrecy Act.
💔 Binance's Guilt and Heavy Penalties:
In a shocking turn, Binance pleaded guilty to multiple charges related to allowing users from sanctioned regions without proper compliance measures. The exchange agreed to a staggering $4.3 billion in penalties, marking one of the largest fines in the history of the U.S. Department of Justice.
🌐 Global Implications:
Prosecutors express concern about CZ's minimal ties to the U.S. due to his UAE citizenship, fearing he may not return if allowed to leave. They're not seeking pre-sentencing detention, only requesting that CZ remain in the U.S. His sentencing is slated for Feb. 23, 2024, with potential imprisonment and a fine.
📉📈 Market Response:
Current BTC support lies at 36300, extending to 33500. I am looking for a breakout above 40,000, anticipating a surge to 42,000 in the pre-Christmas period.
Stay tuned for updates
CZ's Struggles Could Spell Trouble for Solana
There are some allegations of fraud surrounding Solana and CZ, the CEO of Binance. However, it is important to note that these are legitimate allegations and have partially proven in court.
One allegation is that CZ and Binance manipulated the price of Solana tokens. In 2021, Binance listed Solana on its exchange and began offering margin trading for the token. This allowed traders to borrow money from Binance to buy Solana tokens, which could then be used to further speculate on the price of the token. This allegedly led to a pump-and-dump scheme, where CZ and Binance artificially inflated the price of Solana tokens before selling them off for a profit.
Another allegation is that CZ and Binance conspired to insider trade Solana tokens. In 2021, CZ tweeted that he had bought Solana tokens, and the price of the token immediately surged. This allegedly gave CZ and Binance an unfair advantage over other traders, as they were able to buy Solana tokens before the price increased.
These allegations along with CZ's repeated recent involvement in money laundering scandals could erode confidence in Solana and lead to a significant drop in the token's price.
It is important to note that cryptocurrency market is still relatively new and unregulated, and there is a risk of fraud and manipulation.
BTC Bitcoin, Binance and the Crypto CollapseAfter the Head and Shoulders scenario played out:
If you haven`t bought the BTC dip here:
Then you might have a chance to buy it lower soon!
CZ, Changpeng Zhao, stepped down as CEO of Binance, the biggest crypto exchange in the world, as part of a major $4.3 Billion settlement between United States agencies and the cryptocurrency exchange he founded.
“I made mistakes, and I must take responsibility,” Zhao wrote in a post to X (Twitter).
Binance allowed transactions associated with terrorist groups such as Hamas’ Al-Qassam Brigades, Palestinian Islamic Jihad, al-Qaida and ISIS, Treasury Secretary Janet Yellen said in a release, noting Binance “never filed a single suspicious activity report.”
Binance founder CZ released on $175M bail, faces 18-month prison term for money laundering.
Binance $4.3 billion settlement with the Department of Justice.
Where do you think they will come up with the money, if not from selling Bitcoin and especially BNB - of which CZ is the biggest holder?!
Two days ago the SEC Chargeed Kraken for Operating as an Unregistered Securities Exchange, Broker, Dealer, and Clearing Agency.
I think this is just the beginning of the SEC lawsuits against the exchanges.
Hard to believe Bitcoin will receive an ETF approval after being used by terrorist groups such as Hamas’ Al-Qassam Brigades, Palestinian Islamic Jihad, al-Qaida and ISIS.
The chart pattern is also clear: we have a Double Top here.
Looking forward to read your opinion about it.