GOOD MORNING!!๐
An outstanding start of the week for crypto-market. Bulls are in complete control of the trend with Bitcoin currently trading at 22,250$ while Ethereum trading at 1,470$.
Bitcoin is up nearly 3.90% for the day while Ethereum is up by a whooping 8.30%.
Alts have also started very strong and aggressive for the day. Sol up 4.9% while AVAX and DOT leading the day.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
An outstanding start of the week for crypto-market. Bulls are in complete control of the trend with Bitcoin currently trading at 22,250$ while Ethereum trading at 1,470$.
Bitcoin is up nearly 3.90% for the day while Ethereum is up by a whooping 8.30%.
Alts have also started very strong and aggressive for the day. Sol up 4.9% while AVAX and DOT leading the day.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
SHIBUSD analysis ๐จ
Time-Frame: 6-Hours
SHIB once of the earliest coins to reverse back the selling pressure and trigger a round of strong short-coverings. It is once more converging between a triangle formation.
A Bullish breakout looks the likely outcome - While a successful breakout above 0.00001170$ will put Shib on-course towards higher levels targeting 0.00001440$ followed by 0.00001490$. These targets are coming out as pattern length calculations.
On downside massive supports on formations with initial one at 0.00001070$ followed by 0.00000980$
Stance: "Buy on Dip"
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Time-Frame: 6-Hours
SHIB once of the earliest coins to reverse back the selling pressure and trigger a round of strong short-coverings. It is once more converging between a triangle formation.
A Bullish breakout looks the likely outcome - While a successful breakout above 0.00001170$ will put Shib on-course towards higher levels targeting 0.00001440$ followed by 0.00001490$. These targets are coming out as pattern length calculations.
On downside massive supports on formations with initial one at 0.00001070$ followed by 0.00000980$
Stance: "Buy on Dip"
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Crypto Fear & Greed Index ๐ฏ
Mentioned it earlier that price's are bound to recover in coming sessions. With things going on course Fear Greed Index as massively improved and now stands at 30 which was seen below 20 previously.
Price has recovered massively off the previous week and month respectively.
*Disclaimer: Its best to buy in Fear conditions then Greed conditions.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Mentioned it earlier that price's are bound to recover in coming sessions. With things going on course Fear Greed Index as massively improved and now stands at 30 which was seen below 20 previously.
Price has recovered massively off the previous week and month respectively.
*Disclaimer: Its best to buy in Fear conditions then Greed conditions.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
CRYPTO MARKET News ๐ฐ
As BTC and ETH rebound, BNP Paribas signs a crypto custody partnership.
Despite the recent crypto bear market, BNP Paribas (BNP) of France has allegedly inked a crypto custody cooperation with Swiss digital asset safeguarding business Metaco. Insider information provided CoinDesk with the newest update. However, BNP Paribas was unresponsive, while Metaco declined to comment.
This is not Metaco's first cryptocurrency custody agreement with a French bank. Societe Generale (GLE), a French financial institution, also collaborated with Metaco last month in a custody tech arrangement with the bank's digital asset subsidiary SG FORGE.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
As BTC and ETH rebound, BNP Paribas signs a crypto custody partnership.
Despite the recent crypto bear market, BNP Paribas (BNP) of France has allegedly inked a crypto custody cooperation with Swiss digital asset safeguarding business Metaco. Insider information provided CoinDesk with the newest update. However, BNP Paribas was unresponsive, while Metaco declined to comment.
This is not Metaco's first cryptocurrency custody agreement with a French bank. Societe Generale (GLE), a French financial institution, also collaborated with Metaco last month in a custody tech arrangement with the bank's digital asset subsidiary SG FORGE.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
CRYPTO MARKET News ๐ฐ
Is Shiba Inu Going to Make a Big Announcement About the SHIB Metaverse Project?
Shibarium, SHIB: The Metaverse, ShibaSwap 2.0, and ShibaNet are just a few of the projects Shiba Inu has planned for 2022. The SHIB team has just hired three visual effects gurus with decades of expertise for their future Metaverse project. The addition of industry specialists Marcie Jastrow, Sherri Cuono, and David Kern to the team signals that SHIB: The Metaverse is shaping up nicely.
Shytoshi Kusama, the principal developer of ShibaSwap, posted a GIF from the Avengers only a few hours ago, implying that a significant announcement regarding the Metaverse project is imminent.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Is Shiba Inu Going to Make a Big Announcement About the SHIB Metaverse Project?
Shibarium, SHIB: The Metaverse, ShibaSwap 2.0, and ShibaNet are just a few of the projects Shiba Inu has planned for 2022. The SHIB team has just hired three visual effects gurus with decades of expertise for their future Metaverse project. The addition of industry specialists Marcie Jastrow, Sherri Cuono, and David Kern to the team signals that SHIB: The Metaverse is shaping up nicely.
Shytoshi Kusama, the principal developer of ShibaSwap, posted a GIF from the Avengers only a few hours ago, implying that a significant announcement regarding the Metaverse project is imminent.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
CRYPTO MARKET News ๐ฐ
Tesla (TSLA) earning reports reveals they sold 75% of their Bitcoin worth $936 million.
- In trading terminology, $TSLA had its margin called and liquidated a major portion of its digital asset portfolio in order to achieve positive free cash flow and strengthen its balance sheet.
- Market Dumping on this news!!
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Tesla (TSLA) earning reports reveals they sold 75% of their Bitcoin worth $936 million.
- In trading terminology, $TSLA had its margin called and liquidated a major portion of its digital asset portfolio in order to achieve positive free cash flow and strengthen its balance sheet.
- Market Dumping on this news!!
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
ETHUSD analysis ๐จ
Time-Frame: 12-Hours
Ethereum has been one of the most strongest coins in this phase of recovery. It is still showing good signs of strength.
If it continues to hold its lower support levels a little longer - then expecting another move on the upside towards 1700$ region.
Breaking 1700$ region will put Ethereum towards 1920$ followed by 2199$ in coming sessions.
Stance: "Buy on Dip" as long as Ethereum holds onto 1250$ level support.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Time-Frame: 12-Hours
Ethereum has been one of the most strongest coins in this phase of recovery. It is still showing good signs of strength.
If it continues to hold its lower support levels a little longer - then expecting another move on the upside towards 1700$ region.
Breaking 1700$ region will put Ethereum towards 1920$ followed by 2199$ in coming sessions.
Stance: "Buy on Dip" as long as Ethereum holds onto 1250$ level support.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
GOOD MORNING!!๐
The strong start to the week is followed by another exciting session. Bitcoin remains strong as it trades around 23,450$ while Ethereum trades at 1630$.
Bitcoin is up by 2.02% while Ethereum trades at 8.05% for the sessions.
Alts remain very strong for the session. Sol up 6.40% while DOT is up 5.60% for the day. SHIB and DOGE both remain positive for the day
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
The strong start to the week is followed by another exciting session. Bitcoin remains strong as it trades around 23,450$ while Ethereum trades at 1630$.
Bitcoin is up by 2.02% while Ethereum trades at 8.05% for the sessions.
Alts remain very strong for the session. Sol up 6.40% while DOT is up 5.60% for the day. SHIB and DOGE both remain positive for the day
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
CRYPTO MARKET News ๐ฐ
AT&T to Hold Digital Assets Education Session; Crypto Included?
While the crypto markets are showing signs of life, AT&T is sponsoring a digital asset education session. It's no surprise that the world's largest telecoms corporation is interested in the crypto ecosystem, with crypto gaining centre stage in financial technology. "Securing Your Digital Assets Today and Tomorrow" is the title of the seminar. It will take place on July 27th, at 01:00 PM Central Daylight Time.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
AT&T to Hold Digital Assets Education Session; Crypto Included?
While the crypto markets are showing signs of life, AT&T is sponsoring a digital asset education session. It's no surprise that the world's largest telecoms corporation is interested in the crypto ecosystem, with crypto gaining centre stage in financial technology. "Securing Your Digital Assets Today and Tomorrow" is the title of the seminar. It will take place on July 27th, at 01:00 PM Central Daylight Time.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Informative Post๐
What is Shibarium?
Layer 2 solutions created to help scale an application by processing transactions off of the Ethereum Mainnet (Layer 1) while still maintaining the same security measures and decentralization as the mainnet. Layer 2 solutions increase throughput (transaction speed) and reduces gas fees.
Why is Shibarium important for Shiba Ecosystem?
In order to fully utilize all tokens, it will offer higher security, cheap gas fees, faster block validation and an easy way to Dapps for Shiba. This process will reduce Shiba supply in long run. Furthermore it connects all Shiba ecosystem.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
What is Shibarium?
Layer 2 solutions created to help scale an application by processing transactions off of the Ethereum Mainnet (Layer 1) while still maintaining the same security measures and decentralization as the mainnet. Layer 2 solutions increase throughput (transaction speed) and reduces gas fees.
Why is Shibarium important for Shiba Ecosystem?
In order to fully utilize all tokens, it will offer higher security, cheap gas fees, faster block validation and an easy way to Dapps for Shiba. This process will reduce Shiba supply in long run. Furthermore it connects all Shiba ecosystem.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
CRYPTO MARKET News ๐ฐ
Texas wants to provide residents crypto rights.
The Texas Republican Party is considering inserting a new language into the Bill of Rights that would empower Texans to own, keep, and utilise any means of exchange of their choosing, including digital money.
When conducting a transaction, Texans would be free to utilise cash, coin, bullion, digital money, or scrip, according to the provision. "No government shall restrict or encumber the possession or holding of any kind or quantity of money or other cash," the section states. Explicit safeguards for Texans' inherent right to preserve, exchange, and store their money in their preferred means of exchange."
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Texas wants to provide residents crypto rights.
The Texas Republican Party is considering inserting a new language into the Bill of Rights that would empower Texans to own, keep, and utilise any means of exchange of their choosing, including digital money.
When conducting a transaction, Texans would be free to utilise cash, coin, bullion, digital money, or scrip, according to the provision. "No government shall restrict or encumber the possession or holding of any kind or quantity of money or other cash," the section states. Explicit safeguards for Texans' inherent right to preserve, exchange, and store their money in their preferred means of exchange."
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
VIP Traders ๐บ๐ธ USA channel
FED Events ๐ ๐บ๐ธU.S. ECONOMIC DATA THIS WEEK FED RATE HIKE (Wednesday) Q2 GDP (Thursday) โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
FED Events ๐
Sources: 0.75-1% BPS Hike incoming
76.3% experts expecting 0.75%
23.7% experts expecting 1.00%
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Sources: 0.75-1% BPS Hike incoming
76.3% experts expecting 0.75%
23.7% experts expecting 1.00%
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
CRYPTO MARKET News ๐ฐ
Is Tesla to Blame for a $1 Billion Crypto Liquidation?
Tesla, one of the world's leading automakers, just released its second-quarter earnings report. According to the article, the corporation liquidated 75 percent of its Bitcoin (BTC) assets for around $936 million. Nonetheless, the corporation disclosed in its SEC filing that it owned $222 million in digital assets, or crypto, as of June 30th.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Is Tesla to Blame for a $1 Billion Crypto Liquidation?
Tesla, one of the world's leading automakers, just released its second-quarter earnings report. According to the article, the corporation liquidated 75 percent of its Bitcoin (BTC) assets for around $936 million. Nonetheless, the corporation disclosed in its SEC filing that it owned $222 million in digital assets, or crypto, as of June 30th.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
GOOD MORNING!!๐
After a strong start to the week price has taken some aggressive pressure. This is directly due to the upcoming FOMC meeting on Wednesday. Currently Bitcoin trades at 21,150$ while Ethereum is trading at 1425$.
Bitcoin is down by 3.40% while Ethereum is down 6.50%
Alts are also having a difficult start to the day as nearly all coins are down. Sol is down 7.30% while BNB is down 4.40%.
- Generational Buying Opportunity could be seen soon!!
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
After a strong start to the week price has taken some aggressive pressure. This is directly due to the upcoming FOMC meeting on Wednesday. Currently Bitcoin trades at 21,150$ while Ethereum is trading at 1425$.
Bitcoin is down by 3.40% while Ethereum is down 6.50%
Alts are also having a difficult start to the day as nearly all coins are down. Sol is down 7.30% while BNB is down 4.40%.
- Generational Buying Opportunity could be seen soon!!
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
CRYPTO MARKET News ๐ฐ
The XRP Ledger (XRPL) has always been efficient in the creation and exchange of tokens since its inception in 2012. โThe XRP Ledger was the first to enable the tokenization of any form of value on a blockchain. It also introduced to the world the concept of a decentralized exchange.
The XRPL offers huge advantages to those building NFT projects, including very low transaction prices on a high throughput blockchain that is carbon-neutral. XRPL transaction fees are about a half pennyโa powerful value proposition for developers of NFT projects that may have been previously deterred by expensive gas fees on other blockchains.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
The XRP Ledger (XRPL) has always been efficient in the creation and exchange of tokens since its inception in 2012. โThe XRP Ledger was the first to enable the tokenization of any form of value on a blockchain. It also introduced to the world the concept of a decentralized exchange.
The XRPL offers huge advantages to those building NFT projects, including very low transaction prices on a high throughput blockchain that is carbon-neutral. XRPL transaction fees are about a half pennyโa powerful value proposition for developers of NFT projects that may have been previously deterred by expensive gas fees on other blockchains.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
CRYPTO MARKET News ๐ฐ
The US House of Representatives has delayed consideration of a stablecoin bill.
According to individuals familiar with the subject, a major regulatory body will postpone consideration of a comprehensive stablecoin regulation measure for many weeks due to banking sector objections and late adjustments to some clauses.
Compromise legislation crafted by Democratic and Republican leaders of the United States House Financial Services Committee is unlikely to be examined by the panel until September, after efforts to pass the package before the month-long August legislative recess failed. According to one person familiar with the situation, part of the delay is due to revisions sought by the US Treasury Department, which broadly supports the measure but wants tougher consumer safeguards related to wallets where consumers would store their digital assets.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
The US House of Representatives has delayed consideration of a stablecoin bill.
According to individuals familiar with the subject, a major regulatory body will postpone consideration of a comprehensive stablecoin regulation measure for many weeks due to banking sector objections and late adjustments to some clauses.
Compromise legislation crafted by Democratic and Republican leaders of the United States House Financial Services Committee is unlikely to be examined by the panel until September, after efforts to pass the package before the month-long August legislative recess failed. According to one person familiar with the situation, part of the delay is due to revisions sought by the US Treasury Department, which broadly supports the measure but wants tougher consumer safeguards related to wallets where consumers would store their digital assets.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
GOOD MORNING!!๐
Bulls return with a bang. Market goes aggressive on the upside as FED gives inflation ease hopes. Bitcoin currently trades at 23,175$ while Ethereum is trading at 1645$.
Bitcoin is up 9.20% for the day while Ethereum is up by a whopping 13.50%
Alts on the other hand have been equally strong with SOL up by 8.20%, ADA up by 8.70% and DOGE up by nearly 7% for the day.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ
Bulls return with a bang. Market goes aggressive on the upside as FED gives inflation ease hopes. Bitcoin currently trades at 23,175$ while Ethereum is trading at 1645$.
Bitcoin is up 9.20% for the day while Ethereum is up by a whopping 13.50%
Alts on the other hand have been equally strong with SOL up by 8.20%, ADA up by 8.70% and DOGE up by nearly 7% for the day.
โก๏ธ๐ฉ๐๐ฃ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐ ๐ง๐ฒ๐ฎ๐บโก๏ธ