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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
by ROYAL_OAK_INC
2
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
BINANCE:SOLUSDShort
by VictorCobra
50
$ILV/USDT 12h (#Bybit) Falling broadening wedge breakout retestIlluvium finally ended the long down-trend and is pulling back to 100EMA regained support, time for a swing. ⚡️⚡️ #ILV/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (1.0X) Amount: 7.2% Current Price: 68.2 Entry Zone: 66.1 - 58.7 Take-Profit Targets: 1) 83.1 2) 98.7 3) 114.3 Stop Targets: 1) 45.1 Published By: @TradingOn Risk/Reward= 1:1.2 | 1:2.1 | 1:3 Expected Profit= +33.16% | +58.14% | +83.13% Possible Loss= -27.71% Fib. Retracement= 0.382 | 0.5 | 0.618 Margin Leverage= 1x Estimated Gain-time= 1.5 months Tags: #ILVUSDT #P2E #Metaverse #NFT #Gaming #DAO #DeFi Website: www.illuvium.io
Long
by TradingOn
2
October 21 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to IntoTheBlock, Bitcoin’s 30-day price volatility was at 31%, the lowest in almost two years. Bitcoin is up 0.27% over the last 24 hours and rose to an intraday high of $19,348.46. The largest cryptocurrency continues to trade around the $19,000 price level, suggesting a lack of demand for both sides. For now, the sideway trading activities are likely to continue as there is not much volatility in the market. Today’s Cryptocurrency Headline OpenSea Rolls Out New Analytics Tab According to OpenSea's official Twitter, the NFT market OpenSea has launched a new analytics tab on most collection pages. Most collections now include an analytics tab where users can browse trends, metrics, and collection activity. The analytics tab also includes three core metrics of volume, sales, and floor price, to help users make informed decisions. The feature is currently in the beta version and will be updated based on users' feedback. 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.
by BingX
October 13 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to the Crypto Losses Q3 2022 Report released by Immunefi, the crypto industry lost $2,328,917,230 so far in 2022. Bitcoin is up 0.63% over the last 24 hours and rose to an intraday high of $19,239.86. The producer price index increased 0.4% for September, compared with the Dow Jones estimate for a 0.2% gain. This suggests that inflation is yet to respond to the Fed’s monetary tightening. Investors will be focusing on Thursday's CPI report, which is expected to show annual inflation increasing 8.1%. If the CPI is worse than expected, the BTC/USDT pair could drop into the $18,125 to $17,622 support zone. Today’s Cryptocurrency Headline Yuga Labs Faces Investigation From the SEC Yuga Labs, creators of Bored Ape Yacht Club NFTs, is facing a probe by the U.S. Securities and Exchange Commission into whether sales of some of its offerings violate federal law. The regulator is investigating whether certain assets released by Yuga Labs could be treated more like stocks and therefore should follow the same rules as stocks. Yuga Labs said in an email that it is committed to fully cooperating with any investigation. The opening of the probe is not a foregone conclusion; Yuga Labs has not been accused of wrongdoing and the probe may not result in a legal battle. It sits within the concept of wider scrutiny by the regulator over crypto-related activities. 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.
by BingX
September 30 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to the latest gross domestic product estimate from the Bureau of Economic Analysis, the US economy shrank by 0.6% during the second quarter of the year. Bitcoin is down 0.56% over the last 24 hours and fell to an intraday low of $18,843.39. The largest cryptocurrency continues trading sideways as both bulls and bears have not accumulated enough momentum to take the initiative. For now, the BTC/USDT pair is trading slightly below the 20-day exponential moving average (EMA)($19,518) and due to the lack of demand, the pair will likely be trading around the 20-day EMA for the next few days. Today’s Cryptocurrency Headline OpenSea Partners with Warner Music Group on Music NFT NFT marketplace OpenSea has partnered with American record label Warner Music Group to launch NFTs. A press release from Warner Music Group said its artists will have their own pages on OpenSea as a way to attract fans. In February this year, Universal Music Group partnered with entertainment NFT platform Curio to issue digital assets. Music streaming giant Spotify announced in May that it would begin trialing NFTs on its platform. 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.
by BingX
1
September 27 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to CoinShare, digital asset investment products saw inflows totalling US$8.3m last week and short-bitcoin investment products AuM rose to US$172m, the highest on record. Bitcoin is up 1.31% over the last 24 hours and rose to an intraday high of $19,320.53. The largest cryptocurrency has been trading sideways for the last few days, suggesting both bulls and bears seem indecisive to make the next major move. The bulls will attempt to push the BTC/USDT pair above the 20-day exponential moving average (EMA) ($19,653) to establish a relief rally. However, if the price turns down from this level, the ongoing sideway trading will likely continue. Today’s Cryptocurrency Headline Music NFT Platform Sound.xyz Launches Sound Protocol Music NFT platform Sound.xyz announced the launch of Sound Protocol, which provides a permissionless base layer that allows artists to freely deploy their smart contracts. The corresponding smart contracts are owned by the artist and cannot be upgraded. All metadata is uploaded to Arweave, a permanent and decentralized storage network, which allows artists fully control their metadata. The mint formats can be customized on a per song basis and support end-to-end royalties on primary and secondary sales. 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.
by BingX
September 23 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 4.74% over the last 24 hours and rose to an intraday high of $19,533.17. Bitcoin dropped below the immediate support at $18,626 and reached $18,126 on Sept. 21, but the price has recovered back to $19,000 over the last 24 hours, showing strong buying at lower levels. Buyers will attempt to push the price above the 20-day exponential moving average (EMA) ($19,904) to establish a relief rally. However, If the price turns down from the 20-day EMA, the bears will again try to pull the pair below the strong support zone between $18,626 and $17,622. Today’s Cryptocurrency Headline OpenSea Plans to Support More Networks and Languages ​​to Expand Global NFT Ecosystem OpenSea will add more network and language support in 2023 to expand the global NFT ecosystem. In the coming weeks and months, OpenSea will add support for more languages, including Simplified and Traditional Chinese, Korean, Japanese, French, Spanish and German. OpenSea said it firmly believes that NFTs are foundational technology that will eventually underpin thousands of use cases and industries. OpenSea will focus on solving problems that limit the application of NFTs, such as technological innovation, patience, and language differences. From the fourth quarter of 2022 until 2023, the core of OpenSea's attention will turn to Expansion, which aims to build a globalized NFT ecosystem so that people can interact with NFTs across chains, languages, and more vertically. 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.
by BingX