πŸ”₯Crypto News - Crypto World
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Welcome! Here you will find the latest news about the crypto industryπŸ’°

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TON is set to showcase new real-world use cases for cryptocurrency, as evidenced by Pavel Durov's increased public activity on this front.

Don't miss the upcoming live broadcast featuring Pavel Durov and the CEO of Tether in just two days.

Link

#TON #Durov
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Bitcoin Price Prediction by HayesThe former BitMEX CEO, Arthur Hayes, thinks Bitcoin has hit rock bottom and will slowly rise in the coming months. He believes the recent market downturn was expected, with Bitcoin falling to around $58,600 before bouncing back above $60,000 and staying between $60,000 and $70,000 throughout August. Hayes views the recent 12% correction as a necessary market adjustment. He attributes the decline to factors such as the US tax season, concerns about Federal Reserve decisions, the "sell the news" effect of Bitcoin halving, and a slowdown in the growth of assets managed by spot Bitcoin ETFs. Hayes predicts the crypto market will slowly recover from this downturn, driven by increased dollar liquidity.
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Binance has secured a full license in Dubai after its founder CZ relinquished control of the local division. The company is also considering a return to the Indian market, following a payment of a $2 million fine.

#Binance #CZ #India
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Forwarded from Sigma crypto chad
#MTL

Risky but very promising!πŸš€πŸ€‘

The coin is moving in the ascending channel. Perfectly retested the bottom of the channel and a key support level– 1.45$

The profit target would be – 2,78$ (60%)
Stop loss – 1.34$


Risk/Reward ratio: 3.2

Trade on spot, do not use leverage!

https://www.tradingview.com/x/xdKvJ4Mx/

Sigma Crypto Chad
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Forwarded from Sigma crypto chad
#BTCDOMINANCE πŸ“Š

🚨 Alts Warning: Why should alts bleed more? The answer lies in BTC dominance.

πŸ“ˆ BTC Dominance Insight: Despite popular belief on Twitter about an upcoming altseason, the charts disagree. BTC dominance is poised under a significant global trend line, with a higher likelihood of breaking upwards.

πŸ“‰ Chart Analysis: On the monthly chart, BTC dominance has flipped moving averages, signaling a potential rise to 62%, likely coinciding with a BTC price dump.

πŸ”₯ Altcoin Strategy: Be cautious with long-term altcoin positions. If BTC dominance hits 62%, expect severe pressure on alts.

πŸ›‘ Current Advice: It's wise to exit altcoin positions during this bounce and wait for BTC dominance to reach around 60%.

πŸ”” Stay Alert: We'll keep you updated, but now isn't the time to dive into altcoins. Hold off for better entry points as the scenario unfolds.

https://www.tradingview.com/x/xatcjL5T/

Sigma Crypto Chad
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IDO season is heating up with exciting opportunities!πŸš€
Check out our diverse live pool of IDOs, ranging from GameFi to social platform:

1️⃣ Trinity Of The Fabled: https://gamefi.org/ido/trinity-of-the-fabled πŸ”— (Apr 24 - Apr 27)
πŸ”» $0.045 per token
πŸ”» 20% TGE unlock

2️⃣ Moonboots DAO: https://gamefi.org/ido/moonboots πŸ”—(Apr 26 - May 2)
πŸ”» $0.125 per token
πŸ”» 15% TGE unlock

3️⃣ PairedWorld: https://gamefi.org/ido/pairedworld πŸ”—(Apr 25 - May 3)
πŸ”» $0.024 per token
πŸ”» 20% TGE unlock

4️⃣ NexGami: https://gamefi.org/ido/nexgami πŸ”— (Apr 25 - May 5)
πŸ”» $0.05 per token
πŸ”» 50% TGE unlock

5️⃣ HoloNEX: https://gamefi.org/ido/holonex πŸ”— (Apr 26 - May 6)
πŸ”» $0.2 per token
πŸ”» 15% TGE unlock

The IDO date is approaching fast! Stake your $GAFI now to secure your slot! πŸ”₯
#gamefi
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After a six-year hiatus, the payment company Stripe will resume accepting cryptocurrency payments. The company plans to support payments in Solana, Ethereum, and Polygon, excluding BTC. More than 2.4 million companies use Stripe for processing payments.

#Stripe
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The SEC has charged the mining company Geosyn with its founders spending $1.2 million of client funds on entertainment, nightclubs, and firearms purchases. Funding for BTC payments was made using the investments of new clients.

#SEC
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Bitcoin Prices Fall, 2% in 24 Hours, Weekly Down 7.8%, Low Trading Bitcoin's price has fallen more than 2% in the last 24 hours against the US dollar. The decline followed a weekly decline of 7.8%. Trading activity in cryptocurrency spot markets was relatively low. Over the past day, derivatives exchanges recorded the liquidation of both short and long positions in the amount of $271 million (without links to sources and social networks)
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Expected Bitcoin price increase thresholds: $52,000, $54,000, $59,000 What is the minimum price of Bitcoin ($BTC) before the expected price increase?

πŸ”₯ - Approximately 59,000 US dollars.

⚑️ - About 54,000 US dollars.

🌚 - Approximately 52,000 US dollars.

πŸ’” β€” About 42,000 US dollars.
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Misleading Information, Ethereum, Lawmakers, Gary Gensler, Allegations. Topic: Alleged misrepresentation of Ethereum. Patrick McHenry claims Gary Gensler misled US lawmakers about Ethereum.

Patrick McHenry expressed confidence that Gary Gensler provided US lawmakers with false information about Ethereum.
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Decreased Trader Confidence, Reduced Implied Volatility, Ether and Bitcoin Options, Derivatives Traders trading in Ether and Bitcoin options in the derivatives market experienced a decline in their belief in upcoming price increases, as evidenced by a significant decline in implied volatility (IV). The IV for Ether options, as shown on The Block's data dashboard, has dropped from over 88% to around 60% for one-week, one-month, and multi-month expiries. Likewise, IV for Bitcoin options has also declined, falling from a mid-month peak above 77% to a current value below 51% over the same expiration dates.
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Forwarded from Sigma crypto chad
#BTC Update πŸ“‰

🚫 Current Status: Not much has changed with Bitcoin. As previously cautioned over the past two weeks, the current upward movement is fading, and Bitcoin's overall momentum remains weak.

πŸ•’ Monthly Close Watch: Let's keep a close eye on how this month wraps up. The monthly close will be crucial in determining the next steps for Bitcoin's market trajectory.

πŸ”œ Optimistic Outlook: Despite the current market conditions, there are good buying opportunities on the horizon. Stay safe and prepared for when the market presents favorable entry points.

https://www.tradingview.com/x/DImt79jc/

Stay vigilant and trade wisely!

Sigma Crypto Chad
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The founder of Binance, Changpeng Zhao, has been given a prison sentence of four months, as reported by Bloomberg on the 30th of April.

This is a significantly shorter term than the three-year imprisonment that prosecutors had proposed, which was over twice the suggested penalty for the related offenses. An article from Fortune also mentioned that Zhao will have to pay a personal fine of $50 million.

Despite this substantial fine, Zhao will still retain the vast majority of his estimated $43 billion fortune, making him the wealthiest inmate in the US penal system.

#Binance #CZ
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MicroStrategy Holds $13.6B in Bitcoin, 1% of Circulation: Canaccord

Canaccord has revised its price target for MicroStrategy downward to $1,590 from $1,810, amidst new acquisitions and financial outcomes.

In the first quarter, MicroStrategy expanded its Bitcoin holdings, now owning 214,400 BTC valued at approximately $13.6 billion. Despite this, the company reported a net operating loss of $53.1 million due to a significant digital asset…

#BTC #HODL #MicroStrategy

https://crypto-vestor.com/bitcoin/microstrategy-holds-13-6b-in-bitcoin-1-of-circulation-canaccord/
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Crypto Whales’ Top Investment Picks for May 2024

Despite a lackluster response in Bitcoin’s (BTC) price following the late April halving, institutional investors have pivoted towards accumulating altcoins, anticipating a potential bullish surge in the crypto market once Bitcoin gains momentum.

BeInCrypto has highlighted three tokens that have garnered significant interest from large-scale investors.

Increased Whale Activity in Cardano (ADA) Since November 2023,…

Link:
https://crypto-vestor.com/cryptocurrency/crypto-whales-top-investment-picks-for-may-2024/

#ADA #ARB #TON
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Decentralized Identity on Bitcoin

MicroStrategy has introduced a new enterprise platform designed to facilitate the development of decentralized identity applications on the Bitcoin network. This innovative platform, known as MicroStrategy Orange, aims to revolutionize the way identity verification and management are handled.

#BTC
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Anticipated Bitcoin price increase thresholds: $52,000, $54,000, $59,000.What is the minimum value for Bitcoin ($BTC) before an anticipated price increase?

πŸ”₯ - Approximately $59,000

⚑️ - Around $54,000

🌚 - Approximately $52,000

πŸ’” - Around $42,000
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Misleading information, Ethereum, Legislators, Gary Gensler, Allegations. Theme: Alleged Misrepresentation of EthereumPatrick McHenry alleges that Gary Gensler misled United States legislators regarding Ethereum.

Patrick McHenry has expressed his belief that Gary Gensler provided false information to United States lawmakers concerning Ethereum.
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Forwarded from Sigma crypto chad
#BTC

Nothing new to add here. We are above the trend line now but still under an important resistance.

Need to watch this week’s close carefully because there is still a chance we test the lows! Alts overall performance is still weak on this BTC bounce so looks like market still needs to consolidate.

https://www.tradingview.com/x/x7V9Zhiu/

Sigma Crypto Chad
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