One Bitcoin Indicator Strongly Suggesting BTC Not Going Back To Significantly Lower Prices: Jason Pizzino
A popular crypto analyst thinks one metric indicates Bitcoin (BTC) is likely to continue upward rather than reversing course.
In a new YouTube video, Jason Pizzino tells his 291,000 YouTube subscribers to pay attention to the market-value-to-realized-value (MVRV) Z-score, which pulls out the extremes in the data between market value and realized value to attempt to identify long-term trend reversals.
A popular crypto analyst thinks one metric indicates Bitcoin (BTC) is likely to continue upward rather than reversing course.
In a new YouTube video, Jason Pizzino tells his 291,000 YouTube subscribers to pay attention to the market-value-to-realized-value (MVRV) Z-score, which pulls out the extremes in the data between market value and realized value to attempt to identify long-term trend reversals.
Trillion-Dollar Asset Manager Franklin Templeton: There’s Obviously Demand for Bitcoin
The CEO of Franklin Templeton, a $1.33 trillion asset manager, says there’s “obviously” a demand for bitcoin, noting that a spot bitcoin exchange-traded fund (ETF) is “a better way” to access the cryptocurrency. The executive added: “It’s going to unlock nontraditional, noncorrelated types of asset classes that are going to be interesting for our clients.”
Franklin Templeton Sees Demand for BitcoinFranklin Templeton Investments CEO Jenny Johnson shared her perspective on bitcoin and bitcoin exchange-traded funds (ETFs) in an interview with Fortune last week. The firm reported $1.33 trillion in assets under management as of Oct. 31.
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The CEO of Franklin Templeton, a $1.33 trillion asset manager, says there’s “obviously” a demand for bitcoin, noting that a spot bitcoin exchange-traded fund (ETF) is “a better way” to access the cryptocurrency. The executive added: “It’s going to unlock nontraditional, noncorrelated types of asset classes that are going to be interesting for our clients.”
Franklin Templeton Sees Demand for BitcoinFranklin Templeton Investments CEO Jenny Johnson shared her perspective on bitcoin and bitcoin exchange-traded funds (ETFs) in an interview with Fortune last week. The firm reported $1.33 trillion in assets under management as of Oct. 31.
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EOS Price Analysis: Bulls Face Key Hurdle at $0.78
EOS price is struggling below $0.800 against the US Dollar, unlike Bitcoin. The price might attempt to recover if there is a clear move above $0.780.
EOS Price AnalysisIn the past few days, EOS price saw a fresh decline from the $0.888 resistance against the US Dollar. The price traded below the $0.820 and $0.800 levels to move into a bearish zone.
The pair even traded below the $0.750 support. A low has formed near $0.6684, and the price is now consolidating losses. There was a minor increase above the $0.720 resistance zone. It recovered above the 23.6% Fib retracement level of the downward move from the $0.8955 swing high to the $0.6684 low.
EOS price is struggling below $0.800 against the US Dollar, unlike Bitcoin. The price might attempt to recover if there is a clear move above $0.780.
EOS Price AnalysisIn the past few days, EOS price saw a fresh decline from the $0.888 resistance against the US Dollar. The price traded below the $0.820 and $0.800 levels to move into a bearish zone.
The pair even traded below the $0.750 support. A low has formed near $0.6684, and the price is now consolidating losses. There was a minor increase above the $0.720 resistance zone. It recovered above the 23.6% Fib retracement level of the downward move from the $0.8955 swing high to the $0.6684 low.
Bitcoin Flips Visa And Elon Musk’s Tesla As BTC Price Finally Clutches $50,000
Spot Bitcoin exchange-traded fund (ETF) inflows helped aid the oldest crypto’s surge above the $49,000 mark. Bitcoin’s move higher makes its market capitalization bigger than that of Wall Street stalwarts, including Elon Musk’s electric carmaker Tesla and American payment provider Visa.
Spot Bitcoin exchange-traded fund (ETF) inflows helped aid the oldest crypto’s surge above the $49,000 mark. Bitcoin’s move higher makes its market capitalization bigger than that of Wall Street stalwarts, including Elon Musk’s electric carmaker Tesla and American payment provider Visa.
Heco Bridge Exploiters Funnel $145,700,000 Worth of Ethereum Into the Crypto Mixer Tornado Cash: PeckShield
The hackers who struck Heco Bridge, a project linked to Tron (TRX) founder Justin Sun, have been funneling their stolen Ethereum (ETH) into the sanctioned crypto mixer Tornado Cash (TORN).
The blockchain security firm PeckShield notes the exploiters sent 40,391.8 ETH worth approximately $145.7 million to Tornado Cash in the past eight days.
The hackers who struck Heco Bridge, a project linked to Tron (TRX) founder Justin Sun, have been funneling their stolen Ethereum (ETH) into the sanctioned crypto mixer Tornado Cash (TORN).
The blockchain security firm PeckShield notes the exploiters sent 40,391.8 ETH worth approximately $145.7 million to Tornado Cash in the past eight days.
Quickex Expands Crypto Options with Over 200 Coins Available On Its Exchange Platform
Quickex, a state-of-the-art cryptocurrency exchange platform, proudly announces that it has successfully supported more than 200 coins on its platform. This groundbreaking development will transform how users trade and enhance their overall trading experiences. This forward-thinking move demonstrates Quickex’s commitment to meeting its users’ evolving demands and maintaining its position in the competitive crypto exchange industry.
Quickex, a state-of-the-art cryptocurrency exchange platform, proudly announces that it has successfully supported more than 200 coins on its platform. This groundbreaking development will transform how users trade and enhance their overall trading experiences. This forward-thinking move demonstrates Quickex’s commitment to meeting its users’ evolving demands and maintaining its position in the competitive crypto exchange industry.
Ripple CEO Brad Garlinghouse Says This Is What the Crypto Industry Needs To Focus on To Drive Mass Adoption
The CEO of Ripple Labs says that in order for the crypto industry to drive mass adoption it needs to focus on one key aspect.
In a new interview at the XRP Ledger Apex 2024 event, Ripple Labs head Brad Garlinghouse says that for the crypto industry to grow exponentially real use cases need to be developed.
“Customers don’t care which technology you’re using. They want their problem solved…
The CEO of Ripple Labs says that in order for the crypto industry to drive mass adoption it needs to focus on one key aspect.
In a new interview at the XRP Ledger Apex 2024 event, Ripple Labs head Brad Garlinghouse says that for the crypto industry to grow exponentially real use cases need to be developed.
“Customers don’t care which technology you’re using. They want their problem solved…
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Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The owner of this channel has been inactive for the last 11 months. If they remain inactive for the next 10 days, they may lose their account and admin rights in this channel. The contents of the channel will remain accessible for all users.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
New Ripple’s XRP All-Time High Price Beckons Amid 35% Upsurge In A Week and Bullish Historic Alignment
Six years after clinching its all-time high of $3.40, experts say XRP is inching its way to setting a new trading record following a streak of bullish narratives over the last week.
According to a Santiment report on X (formerly Twitter), XRP is basking in the highs of several positives that have sent the asset to double-digit highs over the last week. Among the top large-cap cryptocurrencies, XRP gained the most value over the last week, climbing by 35% to $0.60%.
Six years after clinching its all-time high of $3.40, experts say XRP is inching its way to setting a new trading record following a streak of bullish narratives over the last week.
According to a Santiment report on X (formerly Twitter), XRP is basking in the highs of several positives that have sent the asset to double-digit highs over the last week. Among the top large-cap cryptocurrencies, XRP gained the most value over the last week, climbing by 35% to $0.60%.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
India’s CBDC Program Has Now Surpassed 5 Million Users
India’s CBDC program has onboarded at least 5 million users and witnesses participation from 16 banks, revealed Shantikanta Das, the Governor of the Reserve Bank of India, the country’s central bank. In his talk on Monday in the Indian city of Bengaluru, Das mentioned the magnitude the program has grown to, but made the RBI’s stance on taking it slow clear.
“It is important to emphasise that there should not be in any rush to roll out system-wide CBDC before one acquires a comprehensive understanding of its impact on users, on monetary policy, on the financial system and on the economy,” Das mentioned. “Actual introduction of CBDC can be phased in gradually.”
India’s CBDC program has onboarded at least 5 million users and witnesses participation from 16 banks, revealed Shantikanta Das, the Governor of the Reserve Bank of India, the country’s central bank. In his talk on Monday in the Indian city of Bengaluru, Das mentioned the magnitude the program has grown to, but made the RBI’s stance on taking it slow clear.
“It is important to emphasise that there should not be in any rush to roll out system-wide CBDC before one acquires a comprehensive understanding of its impact on users, on monetary policy, on the financial system and on the economy,” Das mentioned. “Actual introduction of CBDC can be phased in gradually.”
TeleportDAO Offers a Decentralized Solution for WBTC to BTC Swapping
Location, August 27, 2024 — In response to growing concerns over the centralized control of Wrapped Bitcoin (WBTC), TeleportDAO is enabling users to swap WBTC for native Bitcoin (BTC) using its decentralized TeleSwap protocol. This service addresses security and transparency issues by providing a trustless alternative for converting WBTC to BTC across multiple blockchain networks.
Wrapped Bitcoin (WBTC) has long been a popular solution for bringing Bitcoin liquidity into Ethereum and other blockchain ecosystems. However, recent developments have cast a shadow over WBTC due to its centralized custodianship. Notably, MakerDAO recently passed a proposal on August 15 to reduce its exposure to WBTC, citing concerns over the asset’s custody being transferred to a joint venture involving BitGo and BiT Global. This also includes a partnership with the controversial figure Justin Sun, the founder of the Tron Blockchain. This has raised alarms within the DeFi community, with other platforms like Aave also considering distancing themselves from WBTC.
Location, August 27, 2024 — In response to growing concerns over the centralized control of Wrapped Bitcoin (WBTC), TeleportDAO is enabling users to swap WBTC for native Bitcoin (BTC) using its decentralized TeleSwap protocol. This service addresses security and transparency issues by providing a trustless alternative for converting WBTC to BTC across multiple blockchain networks.
Wrapped Bitcoin (WBTC) has long been a popular solution for bringing Bitcoin liquidity into Ethereum and other blockchain ecosystems. However, recent developments have cast a shadow over WBTC due to its centralized custodianship. Notably, MakerDAO recently passed a proposal on August 15 to reduce its exposure to WBTC, citing concerns over the asset’s custody being transferred to a joint venture involving BitGo and BiT Global. This also includes a partnership with the controversial figure Justin Sun, the founder of the Tron Blockchain. This has raised alarms within the DeFi community, with other platforms like Aave also considering distancing themselves from WBTC.
The new big memcoin on SunPump is gaining momentum
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
sunpump.meme
Sun Pump
The First Meme Fair Launch Platform on Tron:swap,earn,meme culture,instantly tradable without having to seed liquidity
Forexduo Debut Highlights Trend Towards Automation in Forex Trading
In Dubai’s bustling tech scene, Avenix Fzco has unveiled its latest creation, Forexduo. This MetaTrader 4 Expert Advisor (EA) zeroes in on Gold trades, operating within the one-hour chart timeframe.
The Unconventional Forex RobotForexduo charts its own course, steering clear of conventional forex robot tactics. It eschews Hedging and Grid approaches, instead employing a nuanced strategy that scrutinizes market intricacies, hunting for often-overlooked price discrepancies.
Safeguarding InvestmentsThe EA’s architects have woven a safety net into its core. Each transaction comes with pre-set Stop Loss and Take Profit boundaries, both to shield against significant losses and to secure gains when the market tilts favorably.
Adapting to Market SwingsA hallmark of Forexduo is its fluid approach to trade sizing. The system’s Lot Size management adapts quickly, factoring in market shifts, account fluctuations, and overall trading outcomes. When faced with underperforming initial trades, it adopts a measured approach to lot size increases, aiming for a gradual recovery.
Capitalizing on Market MovementsTo capitalize on positive market movements, Forexduo employs a Trailing Stop feature. This dynamic tool adjusts the Stop Loss as profits grow, aiming to maximize gains while maintaining a buffer against sudden reversals.
Multiple Trades at OnceForexduo doesn’t limit itself to a single-trade focus. It’s designed to manage several positions simultaneously, initiating both buy and sell orders as the Gold market dictates on the H1 timeframe.
Performance UpdatesSince its inception in 2016, Forexduo has undergone relentless refinement. Avenix Fzco reports subjecting the EA to rigorous testing across varied market conditions, constantly tweaking its algorithms. The system leverages high-grade tick data from Tick Data Suite by Thinkberry SRL to inform its decision-making process.
Tailored for MT4 TradersCrafted specifically for MetaTrader 4 users, Forexduo melds sophisticated price action analysis with its risk management toolkit. Its adaptive lot sizing complements its analytical prowess, offering a holistic approach to H1 Gold trading.
Data-driven for SuccessAt its core, Forexduo is a data-driven system. It harnesses quality tick data to fuel its trading decisions, aiming for robust performance in real-world market scenarios.
Balancing Act: Automation Meets User ControlWhile Forexduo automates much of the trading process, it still allows users to adjust parameters. This equilibrium between automation and trader input aims to provide a flexible solution that is adaptable to individual preferences and risk appetites.
About Avenix FzcoNestled in Dubai’s innovation hub, Avenix Fzco stands at the crossroads of finance and technology. The firm specializes in cutting-edge forex trading software, focusing on MT4-compatible tools. Avenix Fzco’s ethos revolves around marrying state-of-the-art technology with practical trading applications, striving to keep pace with the ever-evolving forex landscape through regular software iterations. Beyond product development, the company aims to nurture a vibrant trading community, offering knowledge-sharing platforms and robust customer support. Curious traders can explore Forexduo’s capabilities through Avenix Fzco’s website, where they can test-drive this innovative EA by downloading the demo version before purchase.
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
In Dubai’s bustling tech scene, Avenix Fzco has unveiled its latest creation, Forexduo. This MetaTrader 4 Expert Advisor (EA) zeroes in on Gold trades, operating within the one-hour chart timeframe.
The Unconventional Forex RobotForexduo charts its own course, steering clear of conventional forex robot tactics. It eschews Hedging and Grid approaches, instead employing a nuanced strategy that scrutinizes market intricacies, hunting for often-overlooked price discrepancies.
Safeguarding InvestmentsThe EA’s architects have woven a safety net into its core. Each transaction comes with pre-set Stop Loss and Take Profit boundaries, both to shield against significant losses and to secure gains when the market tilts favorably.
Adapting to Market SwingsA hallmark of Forexduo is its fluid approach to trade sizing. The system’s Lot Size management adapts quickly, factoring in market shifts, account fluctuations, and overall trading outcomes. When faced with underperforming initial trades, it adopts a measured approach to lot size increases, aiming for a gradual recovery.
Capitalizing on Market MovementsTo capitalize on positive market movements, Forexduo employs a Trailing Stop feature. This dynamic tool adjusts the Stop Loss as profits grow, aiming to maximize gains while maintaining a buffer against sudden reversals.
Multiple Trades at OnceForexduo doesn’t limit itself to a single-trade focus. It’s designed to manage several positions simultaneously, initiating both buy and sell orders as the Gold market dictates on the H1 timeframe.
Performance UpdatesSince its inception in 2016, Forexduo has undergone relentless refinement. Avenix Fzco reports subjecting the EA to rigorous testing across varied market conditions, constantly tweaking its algorithms. The system leverages high-grade tick data from Tick Data Suite by Thinkberry SRL to inform its decision-making process.
Tailored for MT4 TradersCrafted specifically for MetaTrader 4 users, Forexduo melds sophisticated price action analysis with its risk management toolkit. Its adaptive lot sizing complements its analytical prowess, offering a holistic approach to H1 Gold trading.
Data-driven for SuccessAt its core, Forexduo is a data-driven system. It harnesses quality tick data to fuel its trading decisions, aiming for robust performance in real-world market scenarios.
Balancing Act: Automation Meets User ControlWhile Forexduo automates much of the trading process, it still allows users to adjust parameters. This equilibrium between automation and trader input aims to provide a flexible solution that is adaptable to individual preferences and risk appetites.
About Avenix FzcoNestled in Dubai’s innovation hub, Avenix Fzco stands at the crossroads of finance and technology. The firm specializes in cutting-edge forex trading software, focusing on MT4-compatible tools. Avenix Fzco’s ethos revolves around marrying state-of-the-art technology with practical trading applications, striving to keep pace with the ever-evolving forex landscape through regular software iterations. Beyond product development, the company aims to nurture a vibrant trading community, offering knowledge-sharing platforms and robust customer support. Curious traders can explore Forexduo’s capabilities through Avenix Fzco’s website, where they can test-drive this innovative EA by downloading the demo version before purchase.
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.