Arkham | ARKM’s Bat Signal was Lit!The Dark Knight of Blockchain Sleuthing
Arkm is 400% up since our first signal and 100% up since got listed on OKX so lets double check it
Arkham isn’t just a blockchain analysis platform it’s like Sherlock Holmes with a PhD in AI, out here doxxing wallets and decoding on chain secrets. Its main weapons of choice? The Analytics Platform, which spies on exchanges, funds, whales, and your favorite meme coins, and the Intel Exchange, where blockchain gossip is bought and sold like trading Pokémon cards
From Whale Watching to Wallet Doxxing
Instead of sticking to one blockchain, Arkham’s AI system, ULTRA, plays detective across the entire crypto universe, connecting dots that most wouldn’t even know existed. You get the tea on everything from shady transactions to whale movements, all while sitting in your pajamas.
Oh, and the Intel Exchange? It’s like Craigslist for blockchain nerds. People bid, bounty, and barter for address labels and insider scoops, all using ARKM tokens. It’s a hustler’s paradise for anyone with the intel to monetize kind of like being a blockchain bounty hunter.
The mastermind behind all this is Miguel Morel, a crypto veteran who knows his way around both markets and investors. Speaking of investors, Arkham has a lineup that could make a startup founder weep with envy, including an OpenAI cofounder (ooo, mysterious), Palantir’s Joe Lonsdale, and crypto big shots like Tim Draper. Together, they’ve poured over $10 million into Arkham, valuing it at a cool $150 million.
Where do you snag some ARKM tokens? Binance is the hotspot, with ARKM/USDT volumes hitting millions daily. Just don’t expect all-time highs anytime soon—ARKM is currently chilling at 39.82% below its peak. Still, it’s sitting pretty at 731.40% above its all-time low.
With a market cap nearing $752M and a fully diluted valuation of $2.38B, Arkham might just be the blockchain snoop the world didn’t know it needed. but Wen lambo(I mean Batmobile)?
ARKM gets ready for 2.5, 2.7 and 2.9$ and if BTC do correction we will back to 1.9$ support
Cryptonews
TRBUSDT - one n only region, holds or not??#BTCUSDT - crypto season is onn and our coin TRBUSDT is just below his full n final resistance.
First keep close Arc position and 2nd Our upside resistance that is at 105 around.
Means that region start from 100 to 105 will be our area and it will play key role in next move.
So don't buy TRBUSDT untill market holds that region and only add buying positions above that region.
Don't be lazy here and stay sharp..
Good luck
Trade wisely
BTC Parallel Channel in Daily ChartOn the BTCUSD daily chart, we can observe that Bitcoin's price has been oscillating within a well-defined parallel channel. The upper trend line acts as resistance, while the lower trend line serves as support. This channel has been respected multiple times, making it a reliable indicator for future price movements.
Key Observations :
Resistance and Support :
The upper trend line has consistently acted as a resistance level, limiting the upward movement of BTC.
The lower trend line has provided strong support, preventing significant downward breakouts.
Price Action:
The price has touched the upper trend line many times, indicating a strong resistance level.
Similarly, the lower trend line has been tested few times, confirming its role as a robust support level.
Potential Breakout :
A breakout above the upper trend line could signal a bullish trend continuation, leading to higher price levels.
Conversely, a breakdown below the lower trend line might indicate a bearish trend reversal, resulting in lower price levels.
Technical Indicators:
To complement the parallel channel analysis, I have included the following technical indicators:
50-Day Moving Average (50 DMA): Provides a smoothed trend direction.
200-Day Moving Average (200 DMA): Indicates long-term trend direction and potential reversal points.
RSI (Relative Strength Index): Indicates overbought or oversold conditions.
Conclusion:
The parallel channel on the BTC daily chart provides valuable insights into potential price movements. Traders should watch for a breakout above the upper trend line for a bullish signal or a breakdown below the lower trend line for a bearish signal. Additionally, keeping an eye on the included technical indicators can help confirm these signals and enhance trading decisions.
Disclaimer : The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Crypto recap | Wen $ 100K BTC ? Crypto Weekly: ETFs, Meme Coins, and RFK’s Bitcoin Obsession
We’ve had a wild week in crypto, so let’s dive into what’s happened so far
1. Bitcoin Reaches Record $99,000 , Should We Sell Our Kidneys Now?
Bitcoin momentarily climbed to an all time high of $99,000. Its current value stands at $98,400, reflecting a 1.5% increase over the past 24 hours and YES over 500% since our first call
2. SEC Chair Gary Gensler to Resign in January 2025
The US Securities and Exchange Commission has announced that its Chairman, Gary Gensler, will step down on January 20, 2025.
3. Former Chinese Official Yao Qian Dismissed Over Crypto Bribery Allegations
Yao Qian, exDirector at the China Securities Regulatory Commission, has been expelled from the Communist Party and removed from office for serious misconduct, including abuse of power and crypto-related bribery. Once a key figure in China’s CBDC development, Yao is now under investigation by the Shanwei City Procuratorate for alleged violations, with his assets confiscated.
4. Bitcoin ETF Options Prepare for Launch
The SEC approved trading options for the iShares Bitcoin Trust in September 2024. Following a recent advisory from the CFTC, the Options Clearing Corporation (OCC) is set to facilitate these options, which will debut on November 19, 2024.
5. Trump Administration Eyes Crypto Policy Role
The Trump team is exploring the creation of a White House role dedicated to cryptocurrency policy. President-elect Trump is also scheduled to meet Coinbase CEO Brian Armstrong to discuss potential appointments. Discussions may include Armstrong’s support for SEC Commissioner Hester Peirce as SEC Chair.
6. Robert F. Kennedy Jr. Goes “All-In” on Bitcoin
Robert F. Kennedy Jr. revealed that most of his wealth is now in Bitcoin, declaring his strong commitment to the cryptocurrency. He has previously referred to Bitcoin as a “freedom currency” and a hedge against inflation.
7. Binance CEO Predicts Nations Will Compete for Bitcoin Reserves
Binance CEO CZ praised Michael Saylor's advocacy for Bitcoin and predicted that countries would soon race to acquire Bitcoin as a strategic reserve asset.
8. Polish Presidential Candidate Promises Bitcoin Reserves
Sławomir Mentzen, a Polish presidential hopeful, has pledged to establish national Bitcoin reserves if elected. Mentzen, an early Bitcoin investor, disclosed holding approximately $1.2 million worth of Bitcoin.
9. MicroStrategy Acquires Additional 51,780 BTC
MicroStrategy now owns 331,200 BTC, acquired at an average cost of $49,874 per Bitcoin. Its recent purchase of 51,780 BTC totaled $4.6 billion, averaging $88,627 per Bitcoin.
10. Meme Tokens Dominate Crypto Market Buzz
The meme token "Quant," created during a livestream, sparked controversy after a pump-and-dump scheme. Other meme coins, such as ANON and FLOKI, also gained traction, with Ethereum co-founder Vitalik Buterin purchasing ANON. Meanwhile, DWF Labs launched a $20 million fund for meme projects, and exchanges like Coinbase and Binance actively listed meme tokens.
Fundraising Highlights
- Rise: Secured $6.3M in Series A funding.
- Deblock: Raised $16.8M in seed funding.
- Shinami: Completed a $5.645M seed round.
- Valantis Labs: Gained $7.5M in funding.
- OpenLayer: Secured $5M in seed funding.
- Barter: Raised $3M for DeFi liquidity solutions.
- Noble: Completed a $15M Series A funding.
- Bitfinity Network: Secured $12M for Bitcoin Layer 2 development.
- Alluvial: Raised $4.3M for its Liquid Collective platform.
Dont miss this crypto cycle, opportunities like these don’t come around often!
First Neiro On Ethereum | NEIRO, Memes & Moontober Its Moontober and Neiro is 500% up since our first call so it's time to take a closer look at this rising star!
On chain analysis shows that four major entities are holding considerable amounts of NEIRO, Alongside Wintermute, which has gained attention for its trading activities, three other notable market makers and a venture capital firm with large NEIRO holdings
In addition to Wintermute, three other MMs and one VC are holding significant amounts of NEIRO_ETH in their wallets:
– GSR: 15M
– Toka_Labs: 5.114M
– Auros_Global: 3.6M
– Arrington: 5.107M
The accumulation of NEIRO by prominent market makers and VC firms shows growing confidence in the token's potential. These sizable holdings could indicate that these entities are strategically positioning themselves for future market activity or price increases
Investors and traders are expected to keep a close eye on NEIRO as these key players continue to maintain large stakes. The token's impressive price performance suggests it could attract even more trading interest from both institutional and retail investors like coinbase thinking why we don't make money while binance loads memes
Currently, Neiro is priced at $0.0021, marking a 40% increase over the past 24 hours
The circulating supply of Neiro is 420.69 billion tokens, which is also the maximum supply
Neiro’s 24hour trading volume stands at $ 725 million, and it is traded across 22 markets and 17 exchanges, with Binance being the most active ( CZ is back babe! )
Neiro currently holds a 0.05% share of the entire cryptocurrency market, with a market capitalization of $911 million which is damn good
One thing to watch out for: there are several fake cash grab Neiro tokens on various blockchains. So, when purchasing Neiro from DEXs, make sure to double check the contract address to avoid getting scammed
Stay vigilant!
Top Crypto Gainers This Week So FarTop Crypto Gainers This Week
AIOZ Network (AIOZ) - Up 35.40%
Theta Network (THETA) - Up 23.80%
Brett (Based) (BRETT) - Up 21.20%
Helium (HNT) - Up 19.67%
Tezos (XTZ) - Up 17.98%
Potential Good Investments
AIOZ Network (AIOZ): With a whopping 35.40% gain, AIOZ Network is on a roll. Keep an eye on this one for potential growth.
Theta Network (THETA): Up 23.80%, Theta is making waves with its innovative approach to decentralized video streaming. Could be a solid long-term bet.
Helium (HNT): Gained 19.67% and is building a decentralized wireless network. Definitely worth considering.
Tezos (XTZ): With a 17.98% rise, Tezos offers a self-amending blockchain that’s catching attention. Might be a good addition to your portfolio.
Mindful of Risk
Remember, while these cryptos are showing strong gains, the market can be pretty volatile. Always do your own technical analysis and research before jumping in. Understand the fundamentals, market trends, and potential risks. Never invest more than you can afford to lose. Consider chatting with a financial advisor for personalized advice.
I’d love to hear your thoughts on these picks! If you have any questions or are looking for a little advice, feel free to ask. Let’s discuss and make informed decisions together!.
FTM | Andre Cronje & SONIC UPGRADEThe Future of DeFi: Insights from Andre Cronje & the Sonic Network
Andre Cronje, a pioneer in decentralized finance DeFi, has long been a critical voice in the evolution of blockchain technologies. His journey, which spans revolutionary projects like Yearn Finance to his current work with the Sonic Network, provides valuable insight into the challenges and opportunities shaping the DeFi landscape
Evolving Challenges in DeFi and Regulation
Cronje’s recent discussions frequently highlight the shift in DeFi from its nascent, experimental stages to a more mature, regulated industry. As governments and regulatory bodies increase scrutiny, developers are forced to navigate a complex maze of compliance. Cronje emphasizes the importance of engaging traditional finance professionals to bridge the gap between on-chain technology and regulatory frameworks, a step he acknowledges was challenging but necessary. This convergence, though fraught with hurdles, marks a vital evolution as the DeFi space seeks broader legitimacy.
Sonic Network: A Vision for NextGen Blockchain Performance
At the forefront of Cronje’s work is the Sonic Network, a high-performance blockchain designed to tackle critical bottlenecks in DeFi. Built on innovations like the Carmen database and customized for Ethereum Virtual Machine (EVM) compatibility, Sonic addresses issues of scalability, speed, and usability. With features like over 10,000 transactions per second TPS and sub-second finality, Sonic is poised to redefine the user experience in DeFi applications. Its fee-sharing model also redistributes 90% of transaction fees back to decentralized applications (dApps), incentivizing innovation and reducing reliance on validators.
Technological Plateaus and the Need for New Leaps
Cronje frequently underscores that DeFi’s progress is not linear but iterative. The field has often reached technological plateaus, awaiting breakthroughs like the advent of zero-knowledge proofs or significant enhancements in execution environments. These advances, Cronje believes, will enable the next wave of DeFi applications, allowing for trustless exchanges, oracles, and execution layers to replace current, trust-dependent systems.
The Shifting Demographics and Culture of DeFi
One of Cronje’s more provocative insights pertains to the cultural shift within DeFi. The early days were dominated by technologists and developers motivated by pure innovation. Today, the space is increasingly influenced by meme coins and speculative trading, drawing in a demographic less interested in foundational technology. While this shift has broadened crypto's appeal, it raises concerns about the dilution of DeFi’s original ethos of decentralization and technological advancement.
App Chains vs Layer1 Models
Cronje also critiques the growing trend of app-specific chains (app chains), which allow projects to customize their execution environments. While he acknowledges their appeal, particularly for gaming and niche use cases, Cronje believes their economic and operational overheads make them impractical for many teams. Instead, he champions models like Sonic’s, where developers can deploy on a scalable Layer 1 network and retain a significant share of value without the burden of maintaining a standalone blockchain.
The Path Forward: Balancing Regulation, Innovation, and Adoption
Looking ahead, Cronje envisions a DeFi ecosystem that balances regulatory compliance with technological innovation. Projects like Sonic embody this vision by reducing barriers for developers and fostering sustainable ecosystems. However, he warns that achieving this balance requires addressing cultural shifts, incentivizing genuine innovation, and maintaining a focus on decentralization
Andre Cronje’s work and insights serve as a guide for navigating DeFi’s complex future. From overcoming regulatory challenges to pioneering the Sonic Network, he highlights the necessity of technological evolution and the importance of maintaining DeFi’s foundational principles. As the space continues to mature, Cronje’s vision underscores the need for resilience, adaptability, and a commitment to innovation.
let’s talk about the price
Right now, BTC is slowing down, and whales are swimming in altcoin oceans. The Sonic upgrade is a great reason to send FTM’s price to the moon, so buy the dip and wait for a month
next targets for FTM or better to say S are 1.3, 1.5 and 1.9$
XRP to the Moon| Is Gensler Stepping Down the Secret Ingredient?XRP's price broke $1, marking a significant milestone for the cryptocurrency. Its market cap has climbed 26.76%, reaching $59 billion, while trading volume soared to $16 billion
Open interest in XRP derivatives increased by 12% to $1.5 billion, signaling growing speculative interest and potential institutional participation. Notably, over 320 million XRP were purchased within the last 72 hours
This surge follows a breakout from a symmetrical triangle pattern, often indicative of significant price shifts. Analysts have drawn parallels between XRP's current trajectory and its 2017 performance, when it hit an all-time high of $3.3. If the bullish trend persists, The rally may have been partly influenced by XRP’s listing on Robinhood. CryptoQuant's exchange reserves metric highlights growing confidence in the coin's long-term potential.
Ripple to Gensler: Don’t Let the Door Hit You on the Way Out!
Ripple Labs has also made headway in its legal dispute with the US Securities and Exchange Commission (SEC), securing a favorable court ruling and the approval of a joint motion for final judgment, boosting market optimism.With rumors circulating that Gary Gensler may step down—or potentially be ousted by a future Trump administration—Ripple is regaining the spotlight. As speculation about Gensler's possible departure gained traction in the market, XRP's price surged dramatically, reaching its highest level in 16 months.
Further speculation about Ripple’s development of a dirham-backed stablecoin has added to the upward momentum.
This comes after Ripple launched its RLUSD stablecoin, fully backed by the U.S. dollar. At the same time, Bitwise revealed plans to convert its Bitwise 10 Crypto Index Fund (BITW) into an ETF, which would include XRP. Ripple CEO Brad Garlinghouse shared his thoughts on these developments via X, amplifying market excitement.
She Say A BOOM,BOOM... Now, I Say BOOMYES! Old CoinSLayer learned his lesson on this one! haha
I must say that moment in time sure did sting EEEP 😬
Well any who I got my bags packed and I ama ready to go very nice! Interstellar mission and #XRP ani't the only ship I'm flyin in...
YOLO Moonboyz🌛 If you feel so inclined to do so.
🚽👄Toilet Mouth: "Why do all your post say Short!?"
⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits.
⭐Let each person determine their cost to acquire and choice to play or not.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏 FOR JUST A HEALTHLY PULLBACK! Teeheeheeee
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer New And Improved 👨💻😈
P.S. Now witha bag!
P.S.S. well two or Ten
ADA | Crypto, Congress & CardanoCharles Hoskinson & Trump Team Up to Tame the Wild West of Crypto
The trading volume for Cardano reached $ 5,150,683,356 over the last 24 hours, marking a significant 390% increase from the previous day and reflecting a recent surge in market activity.
Cardano's founder, Charles Hoskinson, has confirmed plans to work with the US government under Donald Trump's leadership to help shape cryptocurrency legislation. The primary objective is to establish clear regulatory frameworks for the cryptocurrency sector, which has long dealt with uncertainty and regulatory hurdles.
In his latest comments, Hoskinson emphasized that developing favorable policies for cryptocurrency would require support from both Democratic and Republican parties. This announcement comes as Cardano and other major blockchain networks, like Bitcoin, continue to face legal challenges from US agencies
Hoskinson underscored the significance of bipartisan cooperation, noting that the recent FIT21 bill passed in the House with support from over 60 Democrats, reflecting growing momentum for bipartisan crypto legislation.
He also acknowledged the potential influence of a future Republican-controlled Senate, House, and presidency, suggesting that the current political landscape could provide the crypto industry with a long-sought path to legal clarity.
Honestly this is the only miracle that could happen for ADA holders and the only factor that could move ADA cuz they missed so many opportunity includin ETFs
ADA next major resistance is 0.79$ and if BTC keeps lagging alts will follow the pump too
PEAQ | DePINs & DollarsPeaq's recent listing of its native utility token, across 12 crypto exchanges including Crypto. com, BitGet, and KuCoin positions the platform to capitalize on real world decentralized physical infrastructure networks aka DePIN and democratize the machine economy.
This listing facilitates user engagement with Peaq's decentralized infrastructure, now linking over two million devices globally.
In the past 24 hours, peaq’s trading volume reached $63 mil, a remarkable 15,592% increase from the previous day, highlighting a surge in market activity. Following Peaq's announcement, the PEAQ token is now accessible on exchanges like BingX, Bit2Me, CoinList, CoinW, Gate.io, Hashkey, KuCoin, and MEXC, with plans to be listed soon on LBank. Within the Peaq ecosystem, the token supports various functions, including transaction fees, validator node staking, and future participation in on-chain governance.
PEAQ’s initial supply totals 4.2 billion tokens, with an inflation rate starting at 3.5%, decreasing by 10% yearly until it stabilizes at 1%. This structured supply strategy is designed to foster sustainable growth within the DePIN ecosystem.
Peaq's platform supports a range of decentralized applications with real-world applications. Currently, it hosts over 50 DePINs spanning 21 sectors—including mobility, energy, connectivity, and decentralized AI—and plans to launch projects like Silencio, MapMetrics, DATS, Roam Network, and Teneo Protocol. These projects offer diverse services, from noise pollution data collection and "drive-to-earn" navigation to community-provided bandwidth and real-time social media data crowdsourcing.
The network operates with 32 genesis nodes managed by entities such as Bertelsmann Investments, Deutsche Telekom MMS, Lufthansa Innovation Hub, and the Technical University of Munich’s School of Management. With a Nakamoto Coefficient above 130 and a capacity of 10,000 transactions per second, Peaq aims to expand its throughput through upcoming updates.
In the coming months, Peaq plans to roll out stablecoin integrations, bridging solutions, fiat on-ramps, and decentralized exchanges, targeting projects that require blockchain infrastructure optimized for real-world applications and aiming to transform industries historically led by centralized players.
Peaq’s recent token sale on CoinList raised $20 million from over 14,000 contributors, with an oversubscription of $36 million. The platform also achieved a strong pre-launch ranking following a CertiK audit.
Enhanced interoperability with over 90 blockchains through LayerZero enables Peaq to ensure seamless liquidity and data flow. Additionally, Peaq provides modular DePIN functionalities, including self-sovereign machine identities, peer2peer payments, role-based access control, machine data verification, and machine data storage.
Alt szn started and its time to hunt some gems
Thena | From Binance to the MoonCZ Joins Thena’s Party: Pumps, Pools, and Plenty of Liquidity
Thena serves as the primary liquidity layer and automated market maker on the BNB Chain. It leverages advanced AMM technology, deep liquidity, and smart routing to provide users with low slippage and high returns when exchanging cryptocurrencies. Thena is designed to onboard new protocols to the BNB Chain by facilitating a free market for THE emissions. Protocols can either bribe veTHE holders or acquire veTHE themselves to direct emissions to their pools, offering a flexible and efficient solution for scaling liquidity.
Thena features two types of liquidity pools for all trades, optimized through smart routing to ensure the best price execution. These composable and reliable AMMs make the platform attractive for protocols looking to integrate and build on Thena.
THE Token
THE is a BEP20 utility token powering the protocol, with emissions aimed at two core goals:
Liquidity Optimization: THE is distributed as farming rewards to incentivize deep liquidity, ensuring optimal trading conditions.
Decentralized Governance: THE holders can participate in governance decisions, steering the platform’s ongoing development. The ultimate vision is to achieve full decentralization.
Lets check Thena’s Market Performance so far
Current Price: $3.4, up by 222% in the past 24 hours.
All Time High: $3.23 (achieved on February 8, 2023), currently 2.7% below this peak.
Circulating Supply: 76.59 million tokens out of a maximum supply of 326.12 million.
24Hour Trading Volume: $837 million across 21 markets and 10 exchanges, with Binance being the most active for sure! and the Market Cap is $241 million
Thena’s listing on Binance has strengthened its position within the DeFi ecosystem, signaling strong growth potential. The token’s recent price surge and performance underscore the importance of community support, strategic partnerships, and innovation in a competitive market. The Binance listing has amplified its visibility, paving the way for increased adoption and marking the start of a promising upward trajectory.
its time to get in crypto gems
Sell TURBO/USDT Triangle Breakout in H4The TURBO/USDT pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming Days. BINANCE:TURBOUSDT
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.0081
Target Levels:
1st Support – 0.0047
2nd Support – 0.0023
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
BUY Opportunity for PEPE/USDT – More than +10% Upside Potential!Is it now, or will you miss the boat?
PEPE has broken out of a descending triangle pattern and is currently testing the breakout level near 0.00002000, offering an excellent buying opportunity with a potential upside of over 10%. This classic descending triangle breakout, combined with a pullback to retest the breakout line, often signals the beginning of a bullish trend.
Entry Plan:
Traders are advised to wait for rejection confirmation from 0.00002075 (support entry line) on lower timeframes (1H/30M) before entering. This validation ensures strong buyer activity and improves the chances of a successful trade.
Final Note:
PEPE is at a critical decision point. If buyers step in now, it could lead to a significant upward push. However, as with any trade, proceed with caution, monitor price action closely, and always manage risk effectively.
Sidenote:
Share your thoughts or results if you’re already trading this setup or planning to enter. Let’s grow together. Good luck! 🚀
THETA looking for 2 to 4 X in Short to MId TermWith BTC getting ready to tap 100k alts are looking primed for movement. Theta is no exception lining up for a breakout that could be a 2 to 4 x in the short term before potential price discovery starts. EMAs and momentum looking solid here. Math says up as of now
Bitcoin ( btc )Btc usdt Daily analysis
Time frame 4 hours
Target 109.000 $ area
Notice , 100.000 $ area is very very important price
Maybe btc move up to 98 -99 and can't break the 100.000 $ and come down and rest and reserve energy with rectangle oe flag pattern or etc
On the other hand btc will break the 100.000$ line strongly and fly to my target 112.000 $ area
We must be patient and watch carefully on chart and listen to good or bad news about crypto to have a good profit
Retail Traders Are Waking Up | Here’s How to Spot the SignsWhy Are Our Parents Texting Us About Bitcoin? It’s Getting Weird
Thanks to crypto,now I know my entire extended family and even my ancestors!
Some of them hadn’t spoken to me in a thousand years, but now they’re calling me “Bruh”
(And no, I’m not a vampire, by the way!)
Here’s why I think a retail fueled wave might be about to hit the crypto market
1/ A spike in Google searches for "crypto"
2/ Coinbase App Store rankings
The Coinbase app just shot up from #155 to #18 in two days
3/ Dogecoin and Squirrel on the rise
Retail traders have a soft spot for Doge , Cardano and memecoins.
Guess which top 10 tokens surged the most in the last week? bunch of retail traders who’ve held CRYPTOCAP:DOGE and CRYPTOCAP:ADA since the last bull run are probably getting alerts that their investments are bouncing back.(That’s one way to grab their attention)
4/ Bitcoin featured on Bloomberg's front page
Mainstream news = mainstream visibility = more pump = more lambo!
5/ Texts from our parents ( Are you winning son? )
The unique skill of being both endearing and critical at once a true dad specialty
6/ Ronald McDonald has joined the chat…
McDonald's just teased a new collaboration with Doodles (yes, the NFT project). It kicked off last week…Now, any one of these signs might not mean much alone
But taken together, they start to tell a different story.
Falling air pressure, strengthening winds, darkening skies… it looks like a retail storm might be on the horizon..Brace yourselves! The good news? This time might not be different.
Earlier in the year, there was concern about a potential “left translated cycle.”
(Translation: crypto prices rising faster than expected).
At first, that sounds great! (Who wouldn’t want a quicker path to wealth?)
But the catch is, the shorter the window for prices to peak, the harder it is to time safely
(you’d have days instead of weeks or months to sell near the top)
When Bitcoin reached all time highs ahead of the halving in March (a first), many traders started feeling “left-translated” jitters. If we stay on this track and hit the same average returns as the past three halving years, we could be looking at a ~$ 126k Bitcoin by year’s end!
Here’s hoping this time really isn’t different! BTC just hit a new ATH again!! STOP
Well $BTC hit my second dip early but didn’t hit the first! This is proving to be much more GRAND than I expected the INFLOW of $ into CRYPTOCAP:BTC spot ETFs and from Alt coins moving less.
But really so much shock and awe is coming! People will continue to buy this retail. And it won’t stop until Christmas is WELL OVER! Don’t short yourself a loss here! If your a day trader go for it but I’d be just Long on small Term trades. Anyway! good luck all and well DONE HODLERS!
Cardano Founder A Potential Crypto Advisor to TrumpThe cryptocurrency world is buzzing with speculation about the potential appointment of Cardano founder Charles Hoskinson as a crypto advisor to the next US administration in 2025. This news has sparked excitement among ADA holders and crypto enthusiasts alike, with many wondering if this could trigger a significant bull run for the Cardano token (ADA).
Hoskinson's Background and Vision
Charles Hoskinson, a prominent figure in the crypto space, is known for his co-founding role in Ethereum and his subsequent creation of Cardano. He is a vocal advocate for blockchain technology and its potential to revolutionize various industries. Hoskinson's vision for Cardano is to create a sustainable and scalable blockchain platform that can support a wide range of decentralized applications (dApps).
Potential Impact on Cardano (ADA)
If Hoskinson were to become a crypto advisor to the next US administration, it could have a significant impact on the cryptocurrency market, particularly for Cardano. Here are some potential scenarios:
• Increased Regulatory Clarity: Hoskinson's influence could lead to more favorable cryptocurrency regulations in the US. Clearer regulations would reduce uncertainty and attract more institutional investors to the market, potentially boosting the price of ADA.
• Enhanced Adoption of Cardano: Hoskinson's position could help accelerate the adoption of Cardano's blockchain technology. Governments and businesses may be more inclined to explore the potential of Cardano for various use cases, such as supply chain management, voting systems, and financial services. This increased adoption could drive demand for ADA and push its price higher.
• Positive Sentiment and Market Momentum: Hoskinson's appointment would likely generate positive sentiment and excitement around Cardano. This could lead to a surge in buying pressure, driving the price of ADA upwards. Additionally, it could attract new investors to the Cardano ecosystem, further fueling the price rally.
ADA Price Prediction: Could It Reach $5?
While it's difficult to predict the exact price of ADA, the potential positive impact of Hoskinson's appointment could certainly contribute to a significant price increase. However, reaching $5 would require a combination of favorable factors, including:
• Continued Development and Innovation: Cardano's team needs to deliver on its development roadmap and introduce innovative features to attract developers and users.
• Positive Market Sentiment: A sustained bullish market sentiment for cryptocurrencies would be beneficial for ADA's price.
• Increased Institutional Adoption: Growing interest from institutional investors would provide significant support for the price of ADA.
It's important to note that price predictions are speculative and subject to market volatility. While Hoskinson's appointment could be a major catalyst for ADA, other factors such as broader market trends, regulatory developments, and technical analysis will also play a crucial role in determining the price of ADA.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
Politics vs Profits | The US elections & Crypto Harris, Trump, or Crypto ? Only One Goes Brrrr !
1/ The crypto market typically dips ahead of US elections
In 2016, there was a 10% dip, in 2020, a 6% decline, and so far in 2024, a 6% decrease. However, these drops aren't unusual; they can happen without clear triggers on any given day or week. So attributing extra significance to the current dip due to election is overblown it’s just business as usual in crypto
2/ The election results will trigger either a market boom or bust
Markets crave certainty over specific candidates. Once the election is over, investors can look ahead and allocate accordingly. In the grand scheme, Bitcoin and the wider crypto market don’t care who sits in the Oval Office. Whether it’s a red, blue, or mixed government, historically, crypto trends upward over time.
3/ Trump/Harris will be terrible for the economy
While Republicans and Democrats have vast differences (more so now than ever), unity isn’t our forte. How can we bring the nation together? Maybe start with a common interest and go from there
One thing’s certain, both parties have an affinity for money printing , While it’s a headache for the US’s debt situation, it benefits crypto.Why? Because a share of that newly minted money typically flows into crypto assets, which have limited or predictable inflation.
In essence, money printing devalues the US dollar but bolsters the value of scarce assets (like crypto) over time.Regardless of who wins, the money printer is expected to stay active.
While election may provide market clarity, it’s not a sure thing. Close elections can take days to finalize. So, if you feel like panicking, just remember this:
Zoom out → stay calm → remember…In the long run, crypto tends to prevail.
November is off to a roaring start with several significant market events – and that’s just in the first week! But before we look ahead, let’s review October to see where we stand:
1/ October Recap
Expectations were high for ‘Moontober,’ and it delivered (though gains were modest).
October saw:
- $ BTC up 11%, with the broader crypto market up 10%
- US Bitcoin ETFs purchased 5.83 times more CRYPTOCAP:BTC than was mined in October.
This demand and limited supply helped push the total crypto market cap out of an 8 month descending trend, signaling a potential reversal.
2/ Macro Outlook
Now, on to November. This week features two major macro events:
- US Elections – Tuesday, Nov 5th
- Rate Cuts – Thursday, Nov 7th
Markets expect a 0.25% rate cut. Though smaller than September’s 0.50% cut, it could ease market pressure.Lower borrowing costs reduce debt servicing expenses, freeing up cash for spending and potentially boosting both the economy and crypto markets.
The bonus? Historically, Bitcoin’s average return in November is +43%
If this trend holds, we could see CRYPTOCAP:BTC hit $100k by month’s end!
Cross your fingers, toes, and eyes!
3/ Token Unlocks
October had $5.4B worth of token unlocks, creating potential sell pressure. Thankfully, November’s unlocks are lighter at $2.6B, which may limit that pressure.
4/ Earnings Reports
This week brings earnings from:
- Franklin Templeton (managers of the AMEX:EZBC Bitcoin ETF)
- Arm (semiconductor architecture designers)
- Qualcomm (wireless tech products)
- Sony (self-explanatory)
But November 20th is the main event, with Nvidia ( NASDAQ:NVDA ) – the AI powerhouse – reporting earnings.That’s November in a nutshell.
We’ll be here daily with updates as events unfold
ADA to test Hourly 50 SMAADA is approaching its 50 sma on the hourly chart. this could be a good buy area for a long set up as the 50 sma will be coinciding with the nearest support. Targets above are the 1.618 and 2.618 extension of the previous high swing low. RSI is 52 at time of publishing. Impulse has already corrected beyond the .236 and may be enough for a new continuation north.
Not financial advice. Do your own DD.
Will be following this idea up with larger TFs in updates.
Thanks for viewing the idea.