β Rug pulls are a common scam in the cryptocurrency world, where a projectβs creators abandon it after collecting investors' funds. Influencers often play a key role in promoting these schemes, especially on fast-growing networks like Solana.
Project Creation:
β Scammers create a new token or NFT collection on the Solana network, leveraging its low fees and high speed. The project usually promises innovative features, huge returns, or exclusive benefits.
Influencers with large followings promote the project, claiming itβs the βnext big thing.β They may create hype through social media posts, flashy marketing campaigns, and partnerships. Some influencers may genuinely believe in the project, while others are knowingly complicit.
Once people start buying the token, the scammers add liquidity to decentralized exchanges (DEXs) to boost trading activity. They may even fake trading volume to attract more investors.
β At the peak of the hype, scammers withdraw all liquidity or stop supporting the project entirely, causing the tokenβs value to plummet. Investors are left with worthless tokens, while scammers vanish with the funds.
Research the Team β Look for verified profiles of the projectβs creators and developers.
Be cautious if the team is anonymous or uses stock photos for their profiles.
Check the Smart Contract β On Solana, use tools like Solscan to review the tokenβs smart contract. Verify whether the contract allows developers to withdraw liquidity or mint unlimited tokens.
Community and Roadmap β Assess the communityβs engagement on platforms like Discord and Twitter.
Check if the project has a clear, realistic roadmap with achievable milestones.
Avoid FOMOβ Donβt rush into investments due to hype or fear of missing out.
Scammers rely on urgency to pressure you into making quick decisions.
@education β Learn. Invest. Succeed.
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β How is the Fear and Greed Index measured?
β Volatility - sudden price changes are a sign of fear
β Market velocity and volume - if trading volume exceeds the long-term average, it is a sign of greed
β Social Media Analysis - Unusual Activity Levels on Twitter Show Greed
β Bitcoin dominance - Bitcoin's rise is a sign of fear, while its decline is a sign of greed
β Google Trends - Search volume for Bitcoin indicates market interest.
βοΈThe index evaluates the market taking into account the above indicators.
β Volatility - sudden price changes are a sign of fear
β Market velocity and volume - if trading volume exceeds the long-term average, it is a sign of greed
β Social Media Analysis - Unusual Activity Levels on Twitter Show Greed
β Bitcoin dominance - Bitcoin's rise is a sign of fear, while its decline is a sign of greed
β Google Trends - Search volume for Bitcoin indicates market interest.
βοΈThe index evaluates the market taking into account the above indicators.
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β Bitcoin price continues to move according to the Wyckoff method .
Bitcoin is currently in the "recovery" phase before the "bull run" .
π The market consists of the following psychological stages :
β Rebound β Investors may engage in speculative trading because they believe the market will continue to rise.
β Bull market β Investors adopt a buy-and -hold strategy as prices rise.
β Bubble β A period of euphoria . In this cycle, "retail traders" are willing to enter the market even if it means taking out loans. The fear of missing out on the market (FOMO) is in full swing.
β Price correction β The market recovers one last time, as if everything is fine, before prices fall.
β Crash β A period of anxiety, denial , and fear . Investors don't understand why the price is falling. They don't accept the reality that it's temporary and the market will rise again.
β Bear Market β Surrender and Depression . Absolute pessimism of investors.
Bitcoin is currently in the "recovery" phase before the "bull run" .
π The market consists of the following psychological stages :
β Rebound β Investors may engage in speculative trading because they believe the market will continue to rise.
β Bull market β Investors adopt a buy-and -hold strategy as prices rise.
β Bubble β A period of euphoria . In this cycle, "retail traders" are willing to enter the market even if it means taking out loans. The fear of missing out on the market (FOMO) is in full swing.
β Price correction β The market recovers one last time, as if everything is fine, before prices fall.
β Crash β A period of anxiety, denial , and fear . Investors don't understand why the price is falling. They don't accept the reality that it's temporary and the market will rise again.
β Bear Market β Surrender and Depression . Absolute pessimism of investors.
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DeepSeek used an innovative method of training artificial intelligence using unused video cards. As a result, it created an open-source and powerful model for only $10 million. In terms of price, it is much cheaper than OpenAI: $2.19 for 1 million tokens at DeepSeek, and $60 at OpenAI. Most interestingly, DeepSeek can run completely autonomously on smartphones (iPhone 16 or Android). This indicates that the importance of video cards has decreased.
Why is this important?
This incident makes us think about the future of the field of artificial intelligence and the huge "bubble" surrounding it.
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Binance CEO Changpeng Zhao (CZ) has criticized the process of listing crypto assets on his exchange. He said that the time gap between the listing announcement and the token launch allows users to buy an asset on a DEX (decentralized exchange) and then sell it on Binance.
However, in the wake of recent events, it is CZ itself that has come under fire. Binance recently listed the Test Token (TST) of video meme platform Four Meme. Surprisingly, TST was launched on the spot and futures markets at the same time.
CZ denied responsibility for the listing, saying that the Binance team had severed all ties to the project. However, Zhao was troubled by the fact that the TST token has an official website and that it features the Binance logo. After he expressed his opinion on the matter, the website and logo have already been changed.
As a result, the TST token behaved according to the typical Binance listing scenario: initially there was a sharp increase, and then the price fell by 70%.
However, in the wake of recent events, it is CZ itself that has come under fire. Binance recently listed the Test Token (TST) of video meme platform Four Meme. Surprisingly, TST was launched on the spot and futures markets at the same time.
CZ denied responsibility for the listing, saying that the Binance team had severed all ties to the project. However, Zhao was troubled by the fact that the TST token has an official website and that it features the Binance logo. After he expressed his opinion on the matter, the website and logo have already been changed.
As a result, the TST token behaved according to the typical Binance listing scenario: initially there was a sharp increase, and then the price fell by 70%.
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The mining difficulty on the Bitcoin network increased by 5.6%, reaching 114.7 trillion (T).
This means that miners would need to perform 114.7 trillion calculations to earn a block reward of 3,125 BTC.
Currently, to obtain 3,125 Bitcoins from each block, the Bitcoin protocol requires executing the cryptographic hash function (SHA-256) that many times.
While Bitcoin mining increases security on the network, it also affects miners' income.
The Hash Ribbon indicator shows that some miners are ceasing operations due to low profitability.
Historically, such "surrender" of miners has been marked by a bottom in the Bitcoin price.
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How long is left until the offseason?
You can see in the image that the "Altcoin Season" index has recently fallen to its lowest levels since June 2023
Altcoins have been very weak and sluggish for the past 3 months, but on the flip side, we are at a time when many altcoins have lost a lot of value compared to bitcoin.
So this could be a good opportunity, let's say we only had bitcoins at the time and now our deposit is 5x profitable, it would be wise to look for opportunities in altcoins with part of our profit
But we only invested in altcoins, next time we will try to invest in more bitcoinsπ€
Bitcoin dominance is above 60%, if BTC recovers, altcoins could see a sharp rise
Therefore, in the coming months, it may be more profitable to accumulate altcoins that have a strong community, are traded in large volumes, and are cheap compared to BTC...
Note that it says "ACCUMULATE", not buy one at a time. It may take months for us to recover from the crash we saw in the market a few weeks ago, so if we plan accordingly, we won't get bored.
I didn't write this to give hope, the era of altcoins will also come!
You can see in the image that the "Altcoin Season" index has recently fallen to its lowest levels since June 2023
Altcoins have been very weak and sluggish for the past 3 months, but on the flip side, we are at a time when many altcoins have lost a lot of value compared to bitcoin.
So this could be a good opportunity, let's say we only had bitcoins at the time and now our deposit is 5x profitable, it would be wise to look for opportunities in altcoins with part of our profit
But we only invested in altcoins, next time we will try to invest in more bitcoins
Bitcoin dominance is above 60%, if BTC recovers, altcoins could see a sharp rise
Therefore, in the coming months, it may be more profitable to accumulate altcoins that have a strong community, are traded in large volumes, and are cheap compared to BTC...
Note that it says "ACCUMULATE", not buy one at a time. It may take months for us to recover from the crash we saw in the market a few weeks ago, so if we plan accordingly, we won't get bored.
I didn't write this to give hope, the era of altcoins will also come!
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The markets are tense as you can see! But...
π€‘ Trump is still undecided on tariffs, but the market took a breather yesterday after Commerce Secretary Lutnick suggested a deal was possible.πΊπΈ The ISM manufacturing index (PMI) in the US had previously fallen, fueling fears of a recession, but today the PMI rose again, giving people some reassurance.πΊπΈ Today it was revealed that more than $241 billion was withdrawn from the US government's accounts, which is not surprising given that this money is being added to the market to increase liquidity.π©πͺ On the other hand, Germany is also allocating (or rather printing) new money to support the economy.π )π¨π³ China has also started to give more money to banks and increase liquidity
π»
Gold and other precious metals are the lowest-risk assets, so they are acting as a refuge for those seeking tranquility and peace from the fear of these days.
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With oil prices falling, demand for precious metals (gold, silver) remains high
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However, gold and silver ETFs are still seeing gains.
πΊπΈ
Important US jobs data will be released on Friday. It would be nice if everything turned out well and the market rose again.
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BlackRock CEO Larry Fink says markets will be very volatile this year, but downside could be an opportunity.
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BTC dominance is currently at 61.36% . The 61.50% level is a significant resistance point, and if this level is successfully broken, the next target could be around 64% .
However, if the price breaks below this resistance, the nearest support area is at the FVG (Fair Value Gap) zone. If this zone fails to hold, the next strong support is at 58.50% , and the price is likely to decline to this level.
π Conclusion:
- Consolidation above 61.50% - there is a high probability of continued growth.
- Break of the FVG zone - the price may drop and test the 58.50% level.
Traders should monitor these key levels and set strategies accordingly.
πΌ If BTC dominance increases β Altcoins will weaken relative to Bitcoin, meaning most capital will flow into BTC. Altcoins may decline or slow down their growth.
π½ When BTC dominance falls β Altcoins will strengthen, meaning traders will exit BTC and invest more in altcoins. The potential for growth in the altcoin market increases.
However, if the price breaks below this resistance, the nearest support area is at the FVG (Fair Value Gap) zone. If this zone fails to hold, the next strong support is at 58.50% , and the price is likely to decline to this level.
π Conclusion:
- Consolidation above 61.50% - there is a high probability of continued growth.
- Break of the FVG zone - the price may drop and test the 58.50% level.
Traders should monitor these key levels and set strategies accordingly.
πΌ If BTC dominance increases β Altcoins will weaken relative to Bitcoin, meaning most capital will flow into BTC. Altcoins may decline or slow down their growth.
π½ When BTC dominance falls β Altcoins will strengthen, meaning traders will exit BTC and invest more in altcoins. The potential for growth in the altcoin market increases.
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Bitcoin price has shown a βsell the newsβ pattern despite the long-awaited creation of the US strategic reserve. The biggest disappointment is that the government does not plan to buy Bitcoin through the market at current prices.
After the announcement, the price fell from $91,000 to $85,000, but soon managed to recover to the $88,000 level.
Bitwise states that the main goal is not to buy Bitcoins from all over the world, but rather:
β Other countries may follow the path of the US,
β The possibility of the International Monetary Fund (IMF) and other regulators banning Bitcoin has decreased,
β Government reserves, pension funds, and investment funds can buy Bitcoin,
β Most importantly, the possibility of a 200,000 BTC pressure on the market has disappeared.
After the announcement, the price fell from $91,000 to $85,000, but soon managed to recover to the $88,000 level.
Bitwise states that the main goal is not to buy Bitcoins from all over the world, but rather:
β Other countries may follow the path of the US,
β The possibility of the International Monetary Fund (IMF) and other regulators banning Bitcoin has decreased,
β Government reserves, pension funds, and investment funds can buy Bitcoin,
β Most importantly, the possibility of a 200,000 BTC pressure on the market has disappeared.
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The Strategic Bitcoin Reserve β includes the possibility of buying more BTC in the future. That is, it is "fiscally neutral" and can be purchased again at the expense of the following extrabudgetary funds, in addition to tax revenues:
- $39 billion from the Currency Stabilization Fund;
- $160 billion from SDR trading;
- $800 billion from the revaluation of gold certificates;
- and so on.
Digital asset stock β These are mostly altcoins and have no possibility of further redemption other than confiscation or criminal forfeiture.
Currently, the US government has 198,109 BTC on its balance sheet , but 94,000 BTC of it must be returned to the Bitfinex exchange in accordance with a US court order. These Bitcoins were stolen by hackers from the Bitfinex exchange in 2016, and the US government confiscated them from the hackers. Yesterday, D. Trump publicly announced that the US government has 200K BTC, now they will be audited and the question of bringing it to 200K remains open after they know the actual reserve.
Most importantly, the US has started a strategic reserve. It's China's turn and other countries. They also have a lot of them... So a BTC race between countries may begin.
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Experts say that trading CS2 skins is becoming more profitable than stocks and crypto-asset coins.
The gaming skins market has reached a total of $4.3 billion and has grown by 20% in the last three months.
The price of CS2 skins is growing more steadily than crypto-assets and stocks of large companies. The value of skins depends on the popularity of the game, its rarity, and other factors.
The gaming skins market has reached a total of $4.3 billion and has grown by 20% in the last three months.
The price of CS2 skins is growing more steadily than crypto-assets and stocks of large companies. The value of skins depends on the popularity of the game, its rarity, and other factors.
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π Important news expected for the blockchain world this week:
πΈ Monday
- The US House of Representatives is debating the Genius Act bill on stablecoins.
- China will impose additional tariffs on certain products imported from the United States.
- Binance delists ERN token due to rebranding. It will be relisted under the name EPIC on Thursday.
πΈ Tuesday
- Second final decision from VanEck, 21Shares, Canary, and Bitwise for Solana ETFs is expected to be announced. (SOL)
- An update will be made on the Horizen network. (ZEN)
πΈ Wednesday
- At 5:30 p.m., the US annual inflation rate will be announced.
- SushiSwap is performing a major network upgrade. (SUSHI)
πΈ Thursday
- At 5:30 p.m., the US annual producer price index will be released.
πΈ Friday
- The temporary spending law for the US government, passed during the Biden era, is about to expire.
πΈ Monday
- The US House of Representatives is debating the Genius Act bill on stablecoins.
- China will impose additional tariffs on certain products imported from the United States.
- Binance delists ERN token due to rebranding. It will be relisted under the name EPIC on Thursday.
πΈ Tuesday
- Second final decision from VanEck, 21Shares, Canary, and Bitwise for Solana ETFs is expected to be announced. (SOL)
- An update will be made on the Horizen network. (ZEN)
πΈ Wednesday
- At 5:30 p.m., the US annual inflation rate will be announced.
- SushiSwap is performing a major network upgrade. (SUSHI)
πΈ Thursday
- At 5:30 p.m., the US annual producer price index will be released.
πΈ Friday
- The temporary spending law for the US government, passed during the Biden era, is about to expire.
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Bitcoin is currently in a downtrend, forming a smaller uptrend. However, given that the main trend is still down, this small uptrend may only be short-lived and may start to decline again after reaching the trend line. Therefore, it is important to carefully monitor the trend for breakouts.
π To talk about a clear increase, Bitcoin needs to break the $86,200 level. If this level is broken, a bullish signal may be activated. However, if selling pressure comes from this level and the price starts to decline again,π Bitcoin is likely to fall to $81,000. The probability of a decline is high at the moment, as the price is moving away from liquidity while it is rising and is being formed by bot trading rather than real volume. This can also be seen from the candlestick pattern.
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Pavel Durov allowed to temporarily leave France
Telegram founder Pavel Durov was arrested at Le Bourget airport in August 2024 and banned from leaving Paris on charges including terrorism, money laundering, and drug trafficking.
According to the French International News Agency (AFP); it has now been revealed that Durov is on his way to Dubai.
The TON crypto-asset's reaction to this news is positive.
Telegram founder Pavel Durov was arrested at Le Bourget airport in August 2024 and banned from leaving Paris on charges including terrorism, money laundering, and drug trafficking.
According to the French International News Agency (AFP); it has now been revealed that Durov is on his way to Dubai.
The TON crypto-asset's reaction to this news is positive.
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