December 21 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 1.65% over the last 24 hours and rose to an intraday high of $17,061.06. The largest cryptocurrency attempted to break above the 20-day exponential moving average (EMA) ($16,985), but the price was unable to sustain above the level, indicating that the sentiment remains negative and traders are selling on rallies. If the price stays below the 20-day EMA for another few days, that could mean the bulls lose the short-term advantage and the price could remain stuck between $16,000 and $17,000 for a few more days.
Today’s Cryptocurrency Headline
Christie's NFT Sales Fell 96% in 2022
Christie's sold 87 NFTs in 2022 for a total of $5.9 million. In 2021, the art auction house sold over 100 NFTs worth more than $150 million — one of them being Beeple's "Everydays: The First 5000 Days" NFT for $69.4 million. Christie's NFT sales fell 96% between 2021 and 2022. Christie's previously launched Christie's Ventures aimed at supporting emerging technology and financial technology companies related to the art market. In September, Christie's also launched the Ethereum-based NFT platform "Christie's 3.0".
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Nft
What is NFT Minting?NFTs, or non-fungible tokens, have emerged as one of the year's breakthroughs. NFTs have been making headlines recently in a variety of venues. Many inventors, artists, and corporate behemoths are eager to capitalize on this trend. Minting is one of the most critical phases in creating an NFT.
Minting an NFT means converting digital data into crypto collections or digital assets recorded on the blockchain. The digital products or files will be stored in a distributed ledger or decentralized database and cannot be edited, modified, or deleted.
The process of uploading a specific item to the blockchain is known as minting, and it is similar to how one mints a real coin.
Exosama Network will explode. Pioneer in NFT 2.0 tech on $DOTMark my words: This is just the beginning for Exosama Network ($SAMA). After they get their own Parachain on Polkadot and switch to Moonsama Network, they'll have their Gaming Suite with many games ready. This L1 EVM compatible Blockchain (Energy Web fork) has a block-time of 5 seconds and is world's first chain governed by the Moonsama NFT collection (1000 total). Get your hands on the token, as $0.05 per SAMA will be the absolute bottom for this groundbreaking eco-system ran by DonnieBigBags and his team.
🔥🚀BINANCE INVEST IN NFT: BRIGHT FUTURE FOR SAND AND CO.?🔥 Hi friends! NFT have a great future, Binance is investing in the industry, Binance CEO CZ⚡️ said. CZ made this statement during his AMA. This is a green light for the NFT projects such as SANDBOX.
I will publish the list of NFT altcoins ant the end, but now more details about SAND technical situation.
Now the price consolidate inside the HUGE accumulation area of $0.5-0.6 where the whales buy a lot of coins. Take a loof on volume indicator. 4 huge candle spikes! This is a bullish sign for this altcoin.
📊 THE PRECONDITIONS TO OPEN A LONG ON SANDBOX:
1. breakout and test the trendline as the support
2. huge volume to buy on SAND. I use DOM and Footrpint to see the real whales oders to buy or sell, so this will not be a huge problem
3. bullish BTC
✅ THE 3 TARGETS FOR SANDBOX:
🔥 $0.64 - key level and local high
🔥 $0.69 - important mirror level
🔥 $0.76-0.8 - value area
🚩 I make the list of NFT or related to NFT projects on Binance for you: APE , FLOW , XTZ , SAND , CHZ , THETA , AXS , MANA , CAKE , IMX , SUSHI , STEPN, GALA , TLM , BSW , DAR. Traders, take a more detailed look at these altcoins.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
$SOL/USDT 2h (#Bybit) Bull-pennant breakout & retestSolana is pulling back to 100EMA support where a bounce would make sense, short-term.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 7.5%
Current Price:
13.735
Entry Targets:
1) 13.705
Take-Profit Targets:
1) 14.790
Stop Targets:
1) 12.980
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +39.58%
Possible Loss= -26.45%
Crypto collective intelligence platform to price illiquid assetsWhile the valuation of tokens on-chain and on DEX/CEX exchanges is easily achieved through a traditional order book or various AMMs, there are still massive problems valuing NFTs, pre-IDOs/IPOs, secondary tokens and other illiquid assets. The problem goes so far that even in traditional finance, valuing illiquid assets is usually costly, subjective and involves a lot of work. Lithium addresses the issue of unavailable pricing information of illiquid assets by bringing in accurate pricing through collective intelligence and tokenomics. Lithium is applicable to both digital and real world assets, all Price Seekers have to do is to submit their enquiry attached with a bounty offer to receive genuine pricing information from Price Experts who in turn, are incentivized by our platform’s tokenomics.
Dates to remember:
Testnet product release (Matic): Target Launch Jun 30th, 2022
Mainnet Beta product release (Matic): Target Launch Sep 30th, 2022
Investors:
Almaeda research, Pantera, FBG, Petrock, and much more known VCs.
About 25% of the tokens are already in circulation, the remaining 75% will be elicited over the next 4 years, including staking rewards as an incentive for participation in pricing.. We are currently (to this date) 50% below the seed price (0.003$).
Potential:
The idea and potential to fill a gap in the market that both DeFi and the traditional world are truly unique. The core team has specific knowledge and experience for this project. It is also that the team, with its very many known investors, has a very large network, with extensive ressourecn and enough capital to make ends meet over the next few years. As we are currently below the seed price, the risk/reward ratio here is more than good. It's quite unusual to get into a promising project below seed price of known brands such as Pantera.
Short-term:
TP: 0,003, 0,0045, 0,006, 0,01,
Mid-term:
0,03, 0,06 , 0,1
Long-term
0,15 , 0,20, 0,50
This is not a recommendation to buy or sell or trade $LITH tokens. Do always your own research and never invest more than you can afford to lose. This is not an investment advise.
"Exploring the Future Potential of Non-Fungible Tokens (NFTs)"Non-fungible tokens, or NFTs, are digital assets that are gaining popularity in the world of online gaming and digital art. NFTs use blockchain technology to ensure that each token is unique and cannot be replicated, making them a secure and verifiable way to prove ownership of digital assets.
One of the main benefits of using NFTs is that they can be easily bought, sold, and traded on online marketplaces. This allows creators of digital assets to easily monetize their work and for collectors to easily acquire and manage their collections.
A growing use case for NFTs is in the world of digital art. Artists are using NFTs to sell their digital creations and prove ownership and authenticity to collectors. This has the potential to revolutionize the art world, making it easier for artists to reach a wider audience and for collectors to own and trade digital art.
In addition to providing a secure and verifiable way to prove ownership and authenticity, there are several other benefits to using non-fungible tokens (NFTs).
One of the main benefits of NFTs is that they are easily transferable. Because they are built on blockchain technology, NFTs can be easily bought, sold, and traded on online marketplaces. This makes it easy for creators of digital assets to monetize their work, and for collectors to manage and trade their collections.
Another benefit of NFTs is that they are easily customizable. Because each NFT is unique, it can be customized to include additional information or metadata about the digital asset it represents. This allows for the creation of unique and collectible items that can be easily verified and authenticated.
Finally, NFTs have the potential to open up new revenue streams for creators of digital assets. By providing a way to easily monetize their work, NFTs can help creators generate income from their creations and potentially even turn their passion into a full-time career.
Overall, the use of NFTs is an exciting development in the world of digital assets. They provide a secure and verifiable way to prove ownership and authenticity, and are opening up new opportunities for creators and collectors alike.
Muh launchpool end pump (Gone wrong)Meh, lost all hope, ngmi.
It's gonna crab and dump forever and ever.
See you in sub $1, it's over, wish I could short it.
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DISCLAIMER:
(not a financial advice, also don't take me serious I'm just angry and memeing again)
(pls do the opposite now that I'm fudding)
(god help me)
December 5 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, the number of addresses holding more than 100 ETH reached a 20-month high of 47,459. Bitcoin is up 1.7% over the last 24 hours and rose to an intraday high of $17,305.58. The largest cryptocurrency has been trading near its 20-day exponential moving average ($16,995) during the weekend, and broke above the 20-day EMA ($16,995) on Monday morning, suggesting the buyers are attempting a comeback. If buyers maintain the price above the current level, the BTC/USDT pair could rise to $17,622.
Today’s Cryptocurrency Headline
Opera to Add NFT Creation Tool to Browser in Early 2023
Opera will roll out an NFT creation tool next January. Created by cloud-based ecosystems company Alteon and integrated into Opera's crypto browser, the launchpad will give users an easy, no-code way to create NFTs and review simplified properties of their smart contracts. According to previous news, Opera announced the launch of the NFT analysis and browser tool "DegenKnows" in November, which allows users to discover and analyze NFT projects using on-chain and off-chain data.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Patience is everythingTimes have changed and there seems to be a bug in the system. Ethereum is continuously outrunning Bitcoin on every pump and that has never occurred in any of the previous cycles.
Many of you already know that NFTs have played a major part in the propping up of Ethereums price and with the latest merge, ETH has now moved to a Proof Of Stake mechanism, which inevitably does manipulate the price as it takes Eth of the market and locks it up until the devs see fit for it to be released.
After Bitcoin lost a key level (18k-20k), for me the next big target (excluding bounces) was the 10k range and I do believe we will go there. When or how I have no clue but Ethereum is clearly not going to outrun on that occasion and will basically destroy all altcoins in the market. These are the key levels I am watching and have stepped away from the LTF levels as I have no interest.
The reason I think these levels will be met is purely based on the NFT market and NFT holders not even considering the possibility that NFT's are still in a bubble. It's the first cycle for NFT's and from what I've gathered they all seem very fine. That's not bearish enough for me... People are still paying $100k+ prices for NFT's thinking that those prices are a discount. I can't fathom how unsustainable this sounds.
I am always open to ideas and my opinions are far from gospel. I've been wrong many times but this one hits different.
Have a good weekend TradingView fam
CEEK had been weak, do or die timeHighly disappointed in $CEEK
Unless this moves fast, will take loss & reconsider sub 7
Thin lines = MINOR support going back to 2 days 2021! lol
May just leave SMALL amount, trail
Originally bought @ .005, went to $1
Look @ $BTC same date
#altcoins tend to trail but will the eventual bull be same way this time around?
#p2e #metaverse #nft #crypto
Let's GO, UFO! Hey, it rhymes!$UFO beginning to move
Almost went down to our original price point lol
Down on recent rebuy, kept trailer from before (zero risk because almost 3x) BUT we only nibbled back in, may buy stronger soon
We go BULL look @ POSSIBLE upside
#p2e #metaverse #NFT #crypto #altcoin
$PLA short term move TESTING resistance$PLA beginning to move again
Look @ volume (use minute chart)
Pumps hit levels & then met with sells
Look @ yellow line
Need more BUYS & close above it
Also has GREEN Mov avg ahead
#P2E #metaverse #NFT #crypto
SFUND is to watch when BULL rears head againNOT SAYING BUY
Just saying, REALLY LIKE #crypto project
Do have TRAILER position to keep👀
$SFUND = #launchpad, 1 of the best IMO
Look @ how many of their launches popped nicely
They have different tiers to invest
They provide #Staking
$SFUND has capacity to RUN BIG (cannot show LONG TERM chart here)
Well run #Crypto project
BUT there is negative
While not worst FDV, it's very close to 50%, YET
Keep👀on token unlocks
This should🚀in BULL
IDO price = .014
Dunno if gets here but sub $1 & 80's is NICE
@SeedifyFund
#p2e #Metaverse #NFT
More overlooked #crypto gems $RNDR
MAY not be ready but worth nibbling imo
Although yesterday @ strong support better entries
$RNDR Word for word what I said #INJ #GPU
This is what was said of $INJ lol
BROKE out but broke down keep👀on volume
1/3 IMO 3 overlooked #crypto gems $PLA
$PLA was hit hard recently
Loaded up around 18,👀@ that VOLUME
HUGE REVERSAL
Gets back to 28 we're making all back & some
Has tendency to run big & give back
Would only #hodl TINY portion
Blue lines most important
Have limits all over the place
#p2e #metaverse #nft #Samsung
Solana - Back to Double Digits Solana is one of the best performers from the bull market, and was one of the few to actually achieve a 1000x increase. Multiple coins did this in 2017, but very few did this time around, most likely because leverage can now be used in the crypto market. Pumping altcoins by this much doesn't seem worth the risk anymore, considering they often just retrace most of their gains. Futures provide a much easier way for people to gain and lose money in the market. So, when a coin like SOL does extraordinarily well against Bitcoin, it MUST be due to fundamentals, right? The chain itself has stopped functioning more than once. 25% of the supply is held by the founders & team. Another 37% is held by initial investors. That's 62% held by people who got SOL for likely under $1. The remaining 38% was reserved for airdrops and the community. There's a lot of people BIG in profit on SOL. Latecomers probably own a very small portion of the supply. Additionally, NFT's are big on Solana, but I believe NFT's are in a huge bubble anyway.
From a tech perspective, maybe it's better than Ethereum. However, the cyrpto market (over time) often doesn't really care about these things. Even in 2017, some of the best performing coins (XLM, NANO, XRP) were also some of the biggest losers. Those coins had significant advantages over Bitcoin, but could not compete with the network effect, or the economic incentives of proof-of-work. High fees were chosen over zero fees, and it remains that way to this day. Ethereum fees have remained consistently high throughout the bull market, and I think this makes crypto exclusionary. It shuts out any smaller crypto enthusiasts, and makes the whole NFT thing seem like a big scam - essentially a party for the wealthy where the ticket is your sanity and your small pile of cash.
Anyway, I don't think the market cares about how fast or how low the fees are. Maybe it does momentarily, but the market is driven on hype and profitability. Under capitalism, barriers to entry increase the concentration of wealth at the top. So wealthy investors are incentivized to hold coins that are harder to obtain, and more expensive to use. Basically a status symbol. I think the market will turn on SOL, resulting in a correction at least back to the 50 week MA (red). The same can happen for SOL/BTC. In the short term, perhaps SOL can have a relief bounce towards the 9 week EMA (near $166). Ultimately, I think it can decline at least 50% from current prices, and perhaps even to test some levels below $60. Potential supports are shown on the chart above. Currently, we don't know how bad things can get for crypto. It's possible things really turn around soon, but I think we'd need a pretty impressive move up from the market to invalidate my bearish bias.
This is not meant as financial advice. I'm posting this really out of curiosity - to see if huge bearish drawdowns continue to occur in the crypto market. I'm curious to see whether Solana can hold up, and last until a new potential cycle.
-Victor Cobra