Coinbase: Using blockchain, Americans could save $74,000,000,000 in transaction fees on credit cards alone in 2022.
For those already in the market, news like this is definitely a big plus. Moreover, it's a good driver for future bullish sentiment.
The only thing to understand is that crypto will eventually find its "ceiling," where things will become much more stable and less profitable. But when will that happen? In 10, 20, or 30 years?
I hope if you're already subscribed to us, you don't miss out. The earlier you get in, the more you'll gain.
For those already in the market, news like this is definitely a big plus. Moreover, it's a good driver for future bullish sentiment.
The only thing to understand is that crypto will eventually find its "ceiling," where things will become much more stable and less profitable. But when will that happen? In 10, 20, or 30 years?
I hope if you're already subscribed to us, you don't miss out. The earlier you get in, the more you'll gain.
🍌2👍1
🚨 BTC has surpassed $44,000 and reached a new four-week high amid increased accumulation by large BTC holders and new all-time highs in US stock indexes.
💰 Spot BTC-ETF trading volume exceeded $1 billion yesterday - James Seifert from BBG.
⚡️ Binance has announced its 46th project on Binance Launchpool - Pixels (PIXEL). Listing on February 19 at 13:00 Moscow time.
📄 ARK Invest has updated its application for a spot ETH-ETF.
🇦🇷 OKX has launched a cryptocurrency exchange and Web3 services in Argentina.
😐 The US Treasury Department reports that criminals and fraudsters are increasingly turning to cryptocurrencies.
💸 Santiment: BTC has returned above $44.5K for the first time since January 12th, when the "ETF hangover" began.
🔸 This rebound is partly explained by the increase in the number of wallets with 1K+ BTC.
🔸 Their total volume is at its highest level in over 14 months.
💰 Spot BTC-ETF trading volume exceeded $1 billion yesterday - James Seifert from BBG.
⚡️ Binance has announced its 46th project on Binance Launchpool - Pixels (PIXEL). Listing on February 19 at 13:00 Moscow time.
📄 ARK Invest has updated its application for a spot ETH-ETF.
🇦🇷 OKX has launched a cryptocurrency exchange and Web3 services in Argentina.
😐 The US Treasury Department reports that criminals and fraudsters are increasingly turning to cryptocurrencies.
💸 Santiment: BTC has returned above $44.5K for the first time since January 12th, when the "ETF hangover" began.
🔸 This rebound is partly explained by the increase in the number of wallets with 1K+ BTC.
🔸 Their total volume is at its highest level in over 14 months.
🍌2
In the analysis of OP/USDT, the 1D chart reveals a distinct pattern characterized by a sharp initial movement followed by a pullback within the market.
📈 This observation coincides with the asset's entry into a Zone of Supply, signaling a potential shift in market dynamics. The prevailing expectation hinges on the behavior of the market leader, BTC; failure to breach the supply zone could lead to a projected movement as illustrated in the chart.
Conversely, should BTC sustain its upward momentum and surpass the 50k zone, this development would likely be interpreted as a precursor to revisiting the supply zone before resuming its ascent. In light of these factors, our analysis sets a maximum target of 4.6 for the anticipated upward movement. 🚀
📈 This observation coincides with the asset's entry into a Zone of Supply, signaling a potential shift in market dynamics. The prevailing expectation hinges on the behavior of the market leader, BTC; failure to breach the supply zone could lead to a projected movement as illustrated in the chart.
Conversely, should BTC sustain its upward momentum and surpass the 50k zone, this development would likely be interpreted as a precursor to revisiting the supply zone before resuming its ascent. In light of these factors, our analysis sets a maximum target of 4.6 for the anticipated upward movement. 🚀
🍌2
📈 SUI/USDT, as depicted on the charts, is approaching the upper boundary of the channel, indicating a potential reversal. This observation is based on a 3-hour chart analysis, suggesting the likelihood of a downward movement as a pullback to the lower end of the channel. Subsequently, we anticipate the continuation of the prevailing market trend.
📊 The future direction of the market is contingent upon the ability of the market leader to sustain its current momentum. Should the market leader maintain its upward trajectory and reach the 50k zone, we anticipate a minimum price target of $2.1 for this asset.
📊 The future direction of the market is contingent upon the ability of the market leader to sustain its current momentum. Should the market leader maintain its upward trajectory and reach the 50k zone, we anticipate a minimum price target of $2.1 for this asset.
🍌2
In the 1-hour chart of BTC, there is a noticeable uptrend, suggesting a potential continuation of the upward movement. The key determinant of this momentum lies in the attainment of the 50k zone. Subsequently, market dynamics will be influenced by the decision of sellers to either sustain or reverse this upward trajectory. 📈
Notably, there exists a significant price gap in the market, spanning from 36.6k to 39.5k. Despite this, buyer interest remains robust, indicating a strong demand for this asset. 😎
In the interim, we anticipate some range-bound movement within the market. Following this consolidation phase, we expect to witness pullbacks as previously mentioned, followed by a resumption of the overall bullish trend, potentially leading to the asset reaching its all-time high (ATH).
Notably, there exists a significant price gap in the market, spanning from 36.6k to 39.5k. Despite this, buyer interest remains robust, indicating a strong demand for this asset. 😎
In the interim, we anticipate some range-bound movement within the market. Following this consolidation phase, we expect to witness pullbacks as previously mentioned, followed by a resumption of the overall bullish trend, potentially leading to the asset reaching its all-time high (ATH).
🍌2
Super/USDT:
🔍 Based on the 4-hour chart, the market is approaching the uptrend line, indicating a potential convergence point. While there is some minor selling pressure evident, buyer dominance remains pronounced, particularly with BTC's pursuit of the 50k zone.
Anticipating a breakthrough of this trend line, we may witness a subsequent pullback in the market. This presents an opportunity to consider long positions, with a target price set at $2 for this asset. 📊
🔍 Based on the 4-hour chart, the market is approaching the uptrend line, indicating a potential convergence point. While there is some minor selling pressure evident, buyer dominance remains pronounced, particularly with BTC's pursuit of the 50k zone.
Anticipating a breakthrough of this trend line, we may witness a subsequent pullback in the market. This presents an opportunity to consider long positions, with a target price set at $2 for this asset. 📊
🍌2
Super /usdt
Sell/Short
Entry : 0.9624/932
Tp1889
TP2/843
Tp3/7760
Tp4/7146
tp4/6784
TP5/6335
TP6/6022
TP7/5673
SL:0.995
Sell/Short
Entry : 0.9624/932
Tp1889
TP2/843
Tp3/7760
Tp4/7146
tp4/6784
TP5/6335
TP6/6022
TP7/5673
SL:0.995
🍌2
The BTC dominance chart.
Answering the question of when the dominance will decline and the alt-season will begin? I present this chart. The marked point represents the $60k level during the previous bull run.
In other words, before a proper liquidity transfer and alt-season began, we saw a 3x increase from the Bitcoin high
Answering the question of when the dominance will decline and the alt-season will begin? I present this chart. The marked point represents the $60k level during the previous bull run.
In other words, before a proper liquidity transfer and alt-season began, we saw a 3x increase from the Bitcoin high
🍌2
BTC is standing at the doorstep of its all-time high (ATH) 👀
It's expected that BTC couldn't break its ATH right away. It takes time for market consolidation. I believe we might trade near the ATH for a day or a few days, with the price hovering around it, and then eventually we'll see a breakthrough candle after accumulation.
While BTC hasn't surpassed its ATH yet, it creates an opportunity for altcoins to rise. As long as BTC remains in consolidation below its ATH, altcoins temporarily have room to maneuver. However, I don't expect this to be a phenomenal run for altcoins; as soon as BTC finishes its accumulation, it will regain attention.
We'll likely see an increase in BTC dominance, focusing on BTC's strength in the moment. Altcoins will take a back seat during the breakthrough, and I anticipate we'll witness a record in BTC dominance over the past few years, along with increased volatility in BTC.
It's expected that BTC couldn't break its ATH right away. It takes time for market consolidation. I believe we might trade near the ATH for a day or a few days, with the price hovering around it, and then eventually we'll see a breakthrough candle after accumulation.
While BTC hasn't surpassed its ATH yet, it creates an opportunity for altcoins to rise. As long as BTC remains in consolidation below its ATH, altcoins temporarily have room to maneuver. However, I don't expect this to be a phenomenal run for altcoins; as soon as BTC finishes its accumulation, it will regain attention.
We'll likely see an increase in BTC dominance, focusing on BTC's strength in the moment. Altcoins will take a back seat during the breakthrough, and I anticipate we'll witness a record in BTC dominance over the past few years, along with increased volatility in BTC.
🍌2
Good evening traders! The bull run is flying high! We will be back in full affect with Trades from tomorrow 📈
🍌2🔥1
Economic Summary:
1. Consumer sentiment remained stable, slightly below expectations, impacting spending behavior.
2. Inflation expectations held steady, crucial for economic planning.
3. Industrial production showed minimal growth, signaling subdued manufacturing activity.
4. Capacity utilization remained steady but slightly lower than predicted.
5. Empire State manufacturing index saw a significant decline, indicating broader economic challenges.
6. Import prices rose less than anticipated, reflecting muted inflationary pressures.
According to above info what we expecting from finial market in following week
Based on the information provided in the sources, the financial markets are expected to experience higher volatility in the upcoming week. Factors contributing to this volatility include rising bond yields, diminishing investor optimism over rate cuts, and concerns about inflation data. The Federal Reserve's upcoming two-day policy meeting is anticipated to hold rates steady this month, with potential rate cuts expected in June or July. Market participants will closely monitor economic data releases, corporate events, and the Fed's Summary of Economic Projections for insights into future monetary policy decisions. Additionally, events like Nvidia's global artificial intelligence conference and Super Micro Computer joining the S&P 500 index could impact market sentiment. Overall, the outlook suggests a mix of potential catalysts that may lead to increased market fluctuations and a cautious approach by investors in response to evolving economic indicators and policy developments.
1. Consumer sentiment remained stable, slightly below expectations, impacting spending behavior.
2. Inflation expectations held steady, crucial for economic planning.
3. Industrial production showed minimal growth, signaling subdued manufacturing activity.
4. Capacity utilization remained steady but slightly lower than predicted.
5. Empire State manufacturing index saw a significant decline, indicating broader economic challenges.
6. Import prices rose less than anticipated, reflecting muted inflationary pressures.
According to above info what we expecting from finial market in following week
Based on the information provided in the sources, the financial markets are expected to experience higher volatility in the upcoming week. Factors contributing to this volatility include rising bond yields, diminishing investor optimism over rate cuts, and concerns about inflation data. The Federal Reserve's upcoming two-day policy meeting is anticipated to hold rates steady this month, with potential rate cuts expected in June or July. Market participants will closely monitor economic data releases, corporate events, and the Fed's Summary of Economic Projections for insights into future monetary policy decisions. Additionally, events like Nvidia's global artificial intelligence conference and Super Micro Computer joining the S&P 500 index could impact market sentiment. Overall, the outlook suggests a mix of potential catalysts that may lead to increased market fluctuations and a cautious approach by investors in response to evolving economic indicators and policy developments.
🍌1
Good morning traders, here's the brief weekly overview
🔝 Over the past two weeks, the total market capitalization of stablecoins has increased by over $5 billion, reaching a new high for 2024 at $149 billion.
🧬 Solana has secured the 4th position in terms of market capitalization, surpassing BNB. SOL reached $200 for the first time since December 2021.
🎙 According to portfolio manager VanEck, spot ETFs on Ethereum are expected to attract more investor attention than spot BTC ETFs.
🐶 Elon Musk posted a photo of dogs wearing hats on Saint Patrick's Day. The price of dogwifhat (WIF) reacted with growth.
📆 This week, the US Federal Reserve's FOMC will announce its decision on interest rates on March 20, and Chairman Jerome Powell will deliver a speech.
🛍 Currently, CME indicates a 99% probability of interest rates remaining unchanged.
👀 Bitcoin continues to see outflows from centralized exchanges. Withdrawals have accelerated even during the market correction, according to Glassnode data.
🔝 Over the past two weeks, the total market capitalization of stablecoins has increased by over $5 billion, reaching a new high for 2024 at $149 billion.
🧬 Solana has secured the 4th position in terms of market capitalization, surpassing BNB. SOL reached $200 for the first time since December 2021.
🎙 According to portfolio manager VanEck, spot ETFs on Ethereum are expected to attract more investor attention than spot BTC ETFs.
🐶 Elon Musk posted a photo of dogs wearing hats on Saint Patrick's Day. The price of dogwifhat (WIF) reacted with growth.
📆 This week, the US Federal Reserve's FOMC will announce its decision on interest rates on March 20, and Chairman Jerome Powell will deliver a speech.
🛍 Currently, CME indicates a 99% probability of interest rates remaining unchanged.
👀 Bitcoin continues to see outflows from centralized exchanges. Withdrawals have accelerated even during the market correction, according to Glassnode data.
🍌1
Exploring Fibonacci Retracement Levels 🌀
📌 Trading Smart Tip: Fibonacci retracement levels are derived from the Fibonacci sequence and are used to identify potential support and resistance levels in the market. These levels, including 23.6%, 38.2%, 50%, and 61.8%, often act as key areas where price may reverse or consolidate. When trading, look for confluence between
Fibonacci retracement levels and other technical indicators, such as trendlines or moving averages, to validate trade setups and enhance your trading decisions. Remember, patience and discipline are key when incorporating Fibonacci retracement into your analysis.
📌 Trading Smart Tip: Fibonacci retracement levels are derived from the Fibonacci sequence and are used to identify potential support and resistance levels in the market. These levels, including 23.6%, 38.2%, 50%, and 61.8%, often act as key areas where price may reverse or consolidate. When trading, look for confluence between
Fibonacci retracement levels and other technical indicators, such as trendlines or moving averages, to validate trade setups and enhance your trading decisions. Remember, patience and discipline are key when incorporating Fibonacci retracement into your analysis.
Telegram is integrating payments in Toncoin 👍
Telegram users can now purchase advertising in the messenger using TON, and content creators can earn revenue for displaying this advertising. The project team announced these updates in their latest announcement.
Owners of Telegram channels will receive up to 50% of the revenue from advertisements displayed in their groups.
The rewards can be withdrawn without a fee through the Fragment platform, according to the announcement. The feature will become available in the coming weeks.
Telegram users can now purchase advertising in the messenger using TON, and content creators can earn revenue for displaying this advertising. The project team announced these updates in their latest announcement.
Owners of Telegram channels will receive up to 50% of the revenue from advertisements displayed in their groups.
The rewards can be withdrawn without a fee through the Fragment platform, according to the announcement. The feature will become available in the coming weeks.
❤2