Crypto Watcher
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πŸ”Ά Keeping an #EYE on the major news in the #CRYPTO Market

Cryptocurrency β†ͺ News Provider⚑

⚠️ Major Crypto News
πŸ—“ Market updates

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Aave is reportedly preparing to introduce a stablecoin on the Ethereum blockchain in a matter of days. The stablecoin, designed to maintain a fixed value, is anticipated to be launched by Aave soon, further expanding its services in the rapidly growing DeFi sector.

The Aave community is supporting a governance proposal to launch the GHO stablecoin on the Ethereum main net. The proposal has received unanimous support and is expected to pass. Aave v3 users will be able to mint GHO against their Ether deposits with a 1.5% annual interest rate, while AAVE token holders will receive a 30% discount. Interest payments from GHO will go to Aave's treasury, and the Aave DAO can adjust GHO's interest rate in the future. Aave is the second-largest DeFi protocol with $5.9B in total value locked.
πŸ’° Bitcoin is following 2017 cycle.

2017 Top to Bottom in 364 Days.

2021 Top to Bottom in 364 Days.

In 2017 Cycle From Bottom Market Hits LOCAL TOP in 240 days.

According to the current cycle, it seems likely that BTC will reach its local peak within the next 1-2 weeks, considering that approximately 240 days just have passed.
πŸ’° Bitcoin failed to sustain above the significant resistance level of $31.5k, leading to a projected decline.

Currently, #Bitcoin is holding that trendline with a support level of $30,000, So expect some sideways action before it takes a plunge down to the $29k - $28k range.
πŸ’° Litcoin halving TOP is in ??

Based on historical data, #LTC has consistently shown a pattern of reaching its peak approx 45 days before the halving event.

This trend was observed in 2015 and 2019, and it appears to be repeating in 2023, as Litecoin is already exhibiting signs of reaching a top this time 33 days prior to the halving.

In simple words #Litecoin Tops before the halving.
πŸ₯‡ A whale deposited 4,451 $BTC ($133.7M) to #Binance an 5 hours ago.

The last time the whale deposited a large amount of $BTC(5,000 $BTC, worth $118M) to #Binance was on Jan 30, and the price of $BTC dropped by ~4.2% after depositing.
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πŸ‘€ People lining up to have their eyeballs scanned for OpenAI CEO's Worldcoin crypto digital ID.
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πŸ’ŽTelegram launches the beta version of its non-custodial wallet, TON Space.

This wallet is integrated directly within the Telegram platform and features support for staking, a decentralized exchange, NFTs, and TON Connect.

With TON Space, numerous projects are providing their users the capability to store, manage, and trade assets right within the messenger application.

The envisioned wallet, similar to Trust Wallet or Metamask, aims to seamlessly connect Telegram users with the crypto space, offering a user-friendly interface and comprehensive functionality.
Billionaire Paypal co-founder Peter Thiel shared his list of enemies stopping Bitcoin from rising 100x last year while speaking at the Bitcoin 2022 conference in Miami, Florida.

The β€œenemies list is a list of people who I think are stopping bitcoin,” he said.

β€œThere’s a lot of them, they tend to have nameless faceless bureaucrat perspectives, which is of course one of the ways they hide.” Thiel continued:

β€œWe are going to try to expose them and realize that this is sort of what we have to fight for bitcoin to go up 10x, 100x from here.

The central banks are going bankrupt. We are at the end of the fiat money regime."

The first person on the list is Berkshire Hathaway CEO Warren Buffett. Thiel put up a picture of Buffett with two of his most famous quotes about bitcoin:

- β€œrat poison” and
- β€œI don’t own any and I never will.”

He opined: "I think the sociopathic grandpa of Omaha is perhaps the most honest and the most direct in it."
πŸ’° BlackRock's CEO said in a CNBC interview that 'Bitcoin is digital gold' and BTC peaked and the downtrend began.
πŸ“Š SUI / USDT massive falling wedge.

Shorting with target of 0.42-0.39.

And Patiently waiting for spot buy in those levels.
πŸ’° After hitting the 50-day EMA, BTC's next stop is the major trendline.

Hard rejection from $28.5k - $$29k will be the Classic Shorting Opportunity
πŸ“‰
πŸͺ™#BTC

πŸ“ˆA hidden bearish divergence has formed on the RSI[120], indicating a high probability of continued growth.

🟠To confirm the start of the execution, we need to close the day above $68,270.
πŸ₯‡ Bitcoin Halving" search query on Google set a new ATH, which is nearly 30% higher compared to the data from 2020 πŸš€
πŸ‡¦πŸ‡· Here's Argentina's, recently printed, newest sh*tcoin, the 10,000 peso bill as a result of their hyperinflation β€” Bitcoin solves this πŸ’ͺ

@Watcher_Crypto
πŸ’‘πŸ’‘πŸ’‘
US announced the inflation figures:

⚫ CPI: 3.4% YoY, 0.3% MoM
⚫ Forecasted CPI: 3.4% YoY, 0.4% MoM

Following this announcement, traders increased their bets on the Fed cutting interest rates in September and December, as the CPI data was slightly lower than expected.

In response to this news, the price of Bitcoin has already risen by approximately 2%, reaching $63,300.

@Watcher_Crypto
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πŸ‡©πŸ‡ͺ Giant Bitcoin logo projected onto Germany's tallest tower πŸ—Ό

@Watcher_Crypto
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NEW: πŸ‡ΊπŸ‡Έ US Presidential Candidate Robert F. Kennedy Jr. says the US must buy Bitcoin and have a dominant position in the space❗️

"I will sign an executive order directing the US Treasury to purchase 550 Bitcoin daily until the US has built a reserve of at least 4,000,000 Bitcoins and a position of dominance that no other country will be able to usurp."

@Watcher_Crypto
πŸ‡ΊπŸ‡Έ For those that missed it, it seems the US Government sold 10,000 Bitcoin πŸ‘€

@Watcher_Crypto