Crypto News Round Up:
1️⃣ #Bitcoin may not reach $50,000 again soon, experts say, as its price keeps changing a lot. This is happening two weeks before a big event that usually affects its value.
2️⃣ #Ethereum's faster parts, called Layer 2 chains, are being used a lot more, with nearly 32 million transactions in a week after a big update called #Dencun.
3️⃣ #Solana had problems handling all the transactions on its network for the second time in two days.
4️⃣ #Coinbase, a place where you can buy and sell digital money, won a court case that said it did nothing wrong in handling crypto transactions.
5️⃣ $XRP, a type of digital money, is being bought more by Grayscale’s big fund that invests in different cryptocurrencies.
6️⃣ #Genesis, a company, bought $2.1 billion worth of #Bitcoin after selling a lot of a special kind of Bitcoin investment.
7️⃣ Pantera Capital, an investment firm focusing on digital money, made a 66% profit last quarter, even though they sold some #Bitcoin.
8️⃣ #India’s central bank is going to let companies that are not banks handle payments, making it easier to transfer money.
9️⃣ #Uniswap, a place where you can swap different types of digital money, has handled $2 trillion in trades.
🔟 #TerraformLabs and its co-founder, Do Kwon, were found guilty in a legal case by the SEC for doing something wrong.
1️⃣ #Bitcoin may not reach $50,000 again soon, experts say, as its price keeps changing a lot. This is happening two weeks before a big event that usually affects its value.
2️⃣ #Ethereum's faster parts, called Layer 2 chains, are being used a lot more, with nearly 32 million transactions in a week after a big update called #Dencun.
3️⃣ #Solana had problems handling all the transactions on its network for the second time in two days.
4️⃣ #Coinbase, a place where you can buy and sell digital money, won a court case that said it did nothing wrong in handling crypto transactions.
5️⃣ $XRP, a type of digital money, is being bought more by Grayscale’s big fund that invests in different cryptocurrencies.
6️⃣ #Genesis, a company, bought $2.1 billion worth of #Bitcoin after selling a lot of a special kind of Bitcoin investment.
7️⃣ Pantera Capital, an investment firm focusing on digital money, made a 66% profit last quarter, even though they sold some #Bitcoin.
8️⃣ #India’s central bank is going to let companies that are not banks handle payments, making it easier to transfer money.
9️⃣ #Uniswap, a place where you can swap different types of digital money, has handled $2 trillion in trades.
🔟 #TerraformLabs and its co-founder, Do Kwon, were found guilty in a legal case by the SEC for doing something wrong.
🚨 Tech lay-offs around the world in 2024 as of April 3. (Layoffs fyi)
USA 🇺🇸 - 40,989
Germany 🇩🇪 - 8,640
India 🇮🇳 - 2,555
UK 🇬🇧 - 2,070
Israel 🇮🇱 - 1,470
USA 🇺🇸 - 40,989
Germany 🇩🇪 - 8,640
India 🇮🇳 - 2,555
UK 🇬🇧 - 2,070
Israel 🇮🇱 - 1,470
🚨RARE/USDT : 4H
• The price is going up in an uptrend, making higher highs (HHs) and higher lows (HLs) on the higher time frame (HTF).
• Right now, it's trading above a support zone. It's likely to bounce back from there and continue its bullish momentum to test the previous swing high. Wait for the breakout of the $0.1717 level for long entry.
Buy : $0.1717
TP : $0.2177
SL : $0.1453
• The price is going up in an uptrend, making higher highs (HHs) and higher lows (HLs) on the higher time frame (HTF).
• Right now, it's trading above a support zone. It's likely to bounce back from there and continue its bullish momentum to test the previous swing high. Wait for the breakout of the $0.1717 level for long entry.
Buy : $0.1717
TP : $0.2177
SL : $0.1453
Token Unlocks of the Upcoming Week
Worth Around - $ 364.54 m 🔥
$APT (6.24%) - $351.02m
$CYBER (5.98%) - $11.71m
$GLMR (0.35%) - $1.29m
$EUL (0.41%) - $0.38m
#1INCH (0.03%) - $132k
Worth Around - $ 364.54 m 🔥
$APT (6.24%) - $351.02m
$CYBER (5.98%) - $11.71m
$GLMR (0.35%) - $1.29m
$EUL (0.41%) - $0.38m
#1INCH (0.03%) - $132k
🚨ENS/USDT : 1D
• The price is going up in an uptrend and is trading above the 200 EMA. It's moving within a bullish channel.
• Right now, it's trading near the support of the channel, and it's likely to bounce back and test the previous swing high. Wait for the breakout of the $20.76 level for long entry.
Buy : $20.76
TP : $26.92
SL : $17.80
• The price is going up in an uptrend and is trading above the 200 EMA. It's moving within a bullish channel.
• Right now, it's trading near the support of the channel, and it's likely to bounce back and test the previous swing high. Wait for the breakout of the $20.76 level for long entry.
Buy : $20.76
TP : $26.92
SL : $17.80
Crypto Patel
🚨 BREAKING NEWS Coinbase emerges victorious in a landmark lawsuit! A court has confirmed that trading cryptocurrencies on Coinbase does NOT breach securities regulations. A massive win for crypto enthusiasts!
Huge Win for Crypto: What Coinbase's Court Victory Means
Detailed Article on X:
https://x.com/CryptoPatel/status/1777001828506337687
Detailed Article on X:
https://x.com/CryptoPatel/status/1777001828506337687
🚀 Big News for Canada and AI! 🇨🇦
📢 Update: Prime Minister Justin Trudeau just shared exciting news! #Canada will spend $2.4 billion to become a leader in AI, the smart tech that's changing the world.
What’s Happening:
▪️ $2 Billion for better computers and tech to help Canada's smartest AI minds.
▪️ $200 Million to help new AI companies grow and bring their inventions to everyone.
▪️ $100 Million to help small businesses use AI to do more, faster.
▪️ $50 Million for courses to help workers learn new AI skills.
▪️ Starting a Safety Institute with $50 Million to make sure AI is safe and fair.
▪️ $5.1 Million to make sure companies use AI the right way, keeping everyone safe.
Why This Matters?
This plan is about more than just tech. It's about making sure Canada is a big player in #AI ,creating great jobs, and making our economy stronger. It’s about making technology work for everyone, young and old.
Looking to the Future:
This move puts Canada in charge of how AI grows, making sure it’s good for our country and the world.
What do you think this big AI move means for us?
How can we make sure everyone benefits from AI?
Source: https://www.pm.gc.ca/en/news/news-releases/2024/04/07/securing-canadas-ai-advantage
📢 Update: Prime Minister Justin Trudeau just shared exciting news! #Canada will spend $2.4 billion to become a leader in AI, the smart tech that's changing the world.
What’s Happening:
▪️ $2 Billion for better computers and tech to help Canada's smartest AI minds.
▪️ $200 Million to help new AI companies grow and bring their inventions to everyone.
▪️ $100 Million to help small businesses use AI to do more, faster.
▪️ $50 Million for courses to help workers learn new AI skills.
▪️ Starting a Safety Institute with $50 Million to make sure AI is safe and fair.
▪️ $5.1 Million to make sure companies use AI the right way, keeping everyone safe.
Why This Matters?
This plan is about more than just tech. It's about making sure Canada is a big player in #AI ,creating great jobs, and making our economy stronger. It’s about making technology work for everyone, young and old.
Looking to the Future:
This move puts Canada in charge of how AI grows, making sure it’s good for our country and the world.
What do you think this big AI move means for us?
How can we make sure everyone benefits from AI?
Source: https://www.pm.gc.ca/en/news/news-releases/2024/04/07/securing-canadas-ai-advantage
Key Events This Week:
1. March CPI Inflation data - Wednesday
2. Fed Meeting Minutes - Wednesday
3. March PPI Inflation data - Thursday
4. Initial Jobless Claims data - Thursday
5. MI Consumer Sentiment data - Friday
6. Total of 8 Fed speaker events this week
7. BIG BANK EARNINGS $JPM $WFC $C
1. March CPI Inflation data - Wednesday
2. Fed Meeting Minutes - Wednesday
3. March PPI Inflation data - Thursday
4. Initial Jobless Claims data - Thursday
5. MI Consumer Sentiment data - Friday
6. Total of 8 Fed speaker events this week
7. BIG BANK EARNINGS $JPM $WFC $C
Trading $WIF ? Here’s How to Win Big or Stay Safe
➡️ Easy Trading Tip: #WIF chart is clearly going up, making it a good choice for easy trades.
➡️ Strong Support: Rebounded from $3.20, showing strong support.
➡️ Next Goal: Staying in the channel could push us to $7 target.
➡️ Watch Out: If it drops below $3, consider exiting long positions.
➡️ Skyrocketed: From $0.17 in Feb to an ATH of $4.91 in March ( 28x in 2 months )
➡️ Risk vs Reward: High risk, but a tight stop loss could mean smart gains.
➡️ Easy Trading Tip: #WIF chart is clearly going up, making it a good choice for easy trades.
➡️ Strong Support: Rebounded from $3.20, showing strong support.
➡️ Next Goal: Staying in the channel could push us to $7 target.
➡️ Watch Out: If it drops below $3, consider exiting long positions.
➡️ Skyrocketed: From $0.17 in Feb to an ATH of $4.91 in March ( 28x in 2 months )
➡️ Risk vs Reward: High risk, but a tight stop loss could mean smart gains.
Ripple CEO Says Crypto Will Be Worth $5 Trillion by 2024 🚀
#Ripple CEO says the crypto market will grow big - to $5 Trillion by 2024
Bitcoin is Rising Fast
In just a year, Bitcoin's price went up by 140%. And with a special #Bitcoin event coming in less than two weeks, things are getting exciting!
Good News from the U.S.
The Ripple's CEO thinks the U.S. will start being nicer to crypto, which is great because it's a very important place for #cryptocurrencies
Do you think crypto will reach $5 Trillion by 2025? 🤔
source: https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html
#Ripple CEO says the crypto market will grow big - to $5 Trillion by 2024
Bitcoin is Rising Fast
In just a year, Bitcoin's price went up by 140%. And with a special #Bitcoin event coming in less than two weeks, things are getting exciting!
Good News from the U.S.
The Ripple's CEO thinks the U.S. will start being nicer to crypto, which is great because it's a very important place for #cryptocurrencies
Do you think crypto will reach $5 Trillion by 2025? 🤔
source: https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html