Cryptoholic's Profile | Binance Square

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🚀 BDXN/USDT Breakout Alert 🚀

The BDXN/USDT pair has been consolidating within a symmetrical triangle for weeks. Our system detected a potential breakout pattern with a bullish bias.

📈 Entry: 0.03791 USDT
🎯 Target: 0.05309 USDT (+40%)
🛡 Stop Loss: 0.03570 USDT

This setup aligns with our algorithmic model, combining price action with predictive analytics for higher probability moves.

Breakouts from such long consolidations often lead to strong momentum. With volume picking up, this could be the start of a new upward leg.

#Crypto #Trading #BDXN #BDXNUSDT #Blockchain #AlgoTrading #TechnicalAnalysis #CryptoSignals #Innovation #MachineLearning

BDXN

Cryptoholic

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🔍 BTCDOM Triangle Breakout Analysis – 1H Chart

📈 BTCDOM (Bitcoin Dominance) is consolidating within a symmetrical triangle, suggesting a breakout is near. We’re currently testing the upper trendline of the triangle pattern, with both upside and downside potential mapped out.

💡 What to watch for:
➡️ If breakout happens above 5,380, we could see a bullish surge toward 5,440–5,480.
⬇️ If it rejects and breaks below 5,310, expect a sharp drop toward the 5,200 zone.

🧠 Why it matters?
BTCDOM affects altcoin sentiment —

Rising BTCDOM = BTC strength over alts

Falling BTCDOM = Altcoin rally potential

📊 Chart by @Cryptoholic
#Binance #BTCDOM #BitcoinDominance #CryptoAnalysis

BTC

Cryptoholic

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Bullish

📈 BUY Signal Alert on PORT3/USDT – 1H Chart

🚨 Just triggered a strong BUY signal at 0.04645 USDT after a confirmed trend reversal!
🔍 Technicals indicate a breakout above resistance with volume confirmation and moving average crossover.

📊 Entry: 0.04645
🎯 Target: 0.05383
🛡️ Stop-loss: 0.04630
⏱️ Timeframe: 1H (short-term swing setup)

🧠 Tip: Always manage risk with SL in volatile markets.

📍 Chart by: @Cryptoholic
#Binance #PORT3 #CryptoTrading #BuySignal #AltcoinSetup #TechnicalAnalysis #PORT3USDT #SwingTrade

Cryptoholic

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Bullish

📈 Bitcoin (BTC/USDT) Update | 2H Chart
Current Price: $105,454
Sentiment: Strategically Bullish

🟢 Buy Entry Triggered earlier in the week
🔴 Sell-off Captured at the local top near $106.5K
Now we’re consolidating in a tight range, building energy just below key resistance.

📍 Zone of Interest:
🟩 Target: $111,566 — liquidity cluster + potential breakout zone
🟥 Invalid below: $101,100 — structure would break

💬 Perspective:
I’m still waiting to get filled on my BTC long just below $104K. Expecting market makers to sweep the lows before expansion toward higher liquidity.
This idea also aligns with macro expectations of US stocks pushing ATHs as we approach the FOMC announcement this week.

🔔 Watch for: – Volatility around Wednesday’s Fed Rate Decision
– Rejection/Breakout at $106.5K zone
– Strength confirmation via EMAs and volume
#BTC

Cryptoholic

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Bullish

I’m still waiting to get filled on my BTC long just below $104,000.
The idea? Let market makers sweep the lows before targeting upper liquidity zones. 🎯

This setup aligns with broader macro expectations—U.S. stocks could push toward a new ATH this week, supported by a potentially dovish tone from the FOMC during Wednesday’s Federal Funds Rate announcement.

🔹 Bias: Bullish
🔹 Zone of Interest: 103,800–104,000
🔹 Target: Above $106,000 if momentum confirms
🔹 Confluence: Liquidity sweep + macro tailwind + high-impact news event

#BTC #bitcoin

BTC

Cryptoholic

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Bullish

🚨 SKATE/USDT EXPLOSIVE MOVE!
📈 Posted by: Cryptoholic | Binance Content Creator & Analyst

A clean BUY signal on the 30-min chart led to a powerful rally in SKATE/USDT, with a massive breakout of over +32%! 🔥

📍 Entry Trigger: 0.0391
📍 Current Price: 0.0478
🚀 Move Gained: +32.68%

📊 Key Indicators:
✅ Bullish crossover of short-term EMAs
✅ High volume breakout from accumulation zone
✅ Strong follow-through with momentum candles
✅ Price flipped resistance into support near 0.0415–0.0422 zone

🧠 Trading Insight:
When the market is silent, prepare. When it explodes, ride the wave with discipline and structure. This setup rewarded patience and precision.

📌 Chart Frame: 30-min | SKATE/USDT | Binance Perpetual

🔔 Stay tuned with @Cryptoholic for real-time market moves and trade ideas across altcoins and majors!

#SKATEUSDT #CryptoTrading #AltcoinSeason #BreakoutSetup #BinanceFutures #Cryptoholic #TradeSmart #PriceAction

Cryptoholic

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Bearish

📉 BTC SHORT TRADE SETUP

Bitcoin has just broken down from a key ascending trendline, indicating potential bearish momentum building up. Here's my current short setup:

🔻 Entry: 104,995
🔻 Stop Loss: 106,189
✅ Target: 101,101

📐 Risk-Reward Ratio: 2.8R
📈 Technical Breakdown:

Rising wedge formation with clean breakdown

Price rejected at dynamic resistance

Lower highs forming on the 30-minute chart

Increased selling pressure at key resistance zone

🎯 Strategy:
Entering after trendline break confirmation. Targeting the next liquidity zone near 101K. Tight SL to manage risk.

🧠 Pro Tip:
Wait for strong confirmation candles before entering. Patience pays in precision setups.

Follow @Cryptoholic for more professional insights, real-time trade setups, and market breakdowns exclusively on Binance.

#BTC #Bitcoin #CryptoTrading #BinanceFutures #TechnicalAnalysis #ShortSetup #Cryptoholic

BTC

Cryptoholic

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Absolutely! We are still scratching the surface of what cryptocurrency and blockchain can achieve. Mass adoption, real-world utility, and institutional involvement are just getting started. The next decade will be a game-changer! 🔥💡

Binance Blog

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Генеральный директор Binance: «Криптовалюта все еще на раннем этапе»

ГлавноеВ этой статье генеральный директор Binance Ричард Тенг говорит о меняющемся восприятии криптовалют и утверждает, что независимо от этого восприятия мы все еще находимся на ранней стадии раскрытия огромного потенциала цифровых активов.В то время как цена BTC достигла свыше 100 000 долларов, что быстро стало новой нормой, будущее имеет еще больше возможностей, которые многим все еще трудно представить.Такая деятельность, как постоянные инновации и разработка, повсеместное внедрение криптовалют в сфере финансов и за ее пределами, а также трансформация отраслей с помощью блокчейна и криптовалют, только набирают обороты. Сейчас самое время присоединиться.Меня никогда не перестанет удивлять то, как легко меняются для людей вещи, которые они считают нормальными и возможными. Эти границы кажутся почти установленными в массовом сознании — до тех пор, пока они не будут раздвинуты, и не возникнет новый консенсус относительно того, что возможно. Рассмотрим только один пример: сейчас 2025 год, и Биткоин (BTC) на уровне 100 000 долларов — это уже старая новость. То, что казалось многим невообразимым всего пару лет назад, стало нормальным и даже обыденным. Это модель, которую мы наблюдали на протяжении всей короткой истории криптографии: невозможно вчера — ожидаемо и неудивительно сегодня.Одной из особенностей нынешнего мнения в отношении криптовалют является то, что преодоление рубежа в 100 000 долларов, а также масштабные прорывы в отрасли в 2024 году, которые сделали это возможным, были настолько мощными и волнующими, что для некоторых создается впечатление, что дальше двигаться некуда.Границы возможного«Да, BTC за 100 000$ — это новая норма, но что дальше? 300 тысяч долларов? 500 тысяч долларов? Миллион? Невозможно!» Я часто слышал такие мысли в разговорах с пользователями и особенно с теми, кто еще не вошел в криптопространство. В 2024 году отрасль преодолела необычайную дистанцию за короткое время. Достижение чего-то подобного в ближайшем будущем кажется невообразимым. В конце концов, какой класс активов может регулярно совершать такие подвиги? «Один миллион за 1 BTC? Да ладно, этого просто невозможно».Когда я слышу что-то подобное, я проверяю себя, открывая 5-летний ценовой график BTC, наводя курсор мыши на случайный ценовой пик в прошлом и вспоминая какую-либо встречу, дискуссионную панель или случайный разговор, где кто-то утверждал, что Биткоин никогда не поднимался выше этого уровня, или заявлял, что дальнейший рост выше этого уровня невозможен. В каждом из этих случаев это была не неспособность рационально мыслить или отсутствие веры — многие из этих сомневающихся были блестящими мыслителями,убежденными в силе технологии блокчейна. Просто нужно было воображение.Одним из самых негативных моментов здесь является ощущение того, что уже слишком поздно начинать заниматься криптовалютами. Для тех, кто еще не вовлечен в этот мир, создается впечатление, что пик уже прошел. Зачем беспокоиться, если лучшие возможности уже позади? Такое мышление препятствует развитию и приводит к упущенным возможностям.Речь идет не только о цене BTC. Я использую Биткоин в качестве полезного прокси-сервера для продвижения цифровых активов и внедрения технологии блокчейн. Упущенные возможности выходят далеко за рамки рыночной прибыли. Они охватывают инновации и преобразования, которые меняют отрасли и улучшают жизнь во всем мире.Мы все еще находимся на ранней стадии. Если вы еще не с нами — самое время присоединиться. Хотя трудно представить себе следующую волну взрывного роста, воображение не всегда является лучшим определением того, что возможно. Более детальный взгляд на то, что происходит в действительности, показывает, что динамика развития отрасли в 2024 году только ускорится в 2025 году — в плане массового и институционального внедрения, рыночных инноваций и создания реальной стоимости.РеальностьУбеждение, что пик криптовалют уже позади, не берет во внимание преобразующие силы, которые все еще действуют. Я не буду говорить о перспективах масштабных регуляторных изменений в США и за пределами. Понятно, что потенциальное криптовалютное лидерство в крупнейшей экономике мира может иметь последствия. Даже идеи, которые все еще кажутся сомнительными сегодня, такие как национальный стратегический резерв Биткоина, могут стать реальностью, подталкивая спрос и цены к беспрецедентным уровням. Взгляните на громкий дебют монет $TRUMP и $MELANIA в преддверии инаугурации Дональда Трампа, свидетельствующий о способности криптовалюты управлять социальными, культурными и даже политическими тенденциями так, как мы никогда не считали возможным. Растущее распространение криптовалют на Уолл-стрит теперь выходит далеко за рамки спотовых ETF, которые доминировали в заголовках новостей в 2024 году. Продукты страхования жизни, деноминированные в BTC, гибридные крипто-фонды и фонды недвижимости, а также крупные управляющие активами, такие как BlackRock, интегрирующие ETF Биткоина в свои фонды, ориентированные на доход, все глубже внедряют цифровые активы в глобальную финансовую систему. Активно создаются составные продукты и новые модели, основанные на традиционных инструментах, ускоряется, и Биткоин — и вскоре другие цифровые активы — становятся краеугольным камнем современной финансовой инфраструктуры во многих прямых и косвенных отношениях.Кроме того, потенциал внедрения криптовалют безграничен. В настоящее время около 700 миллионов человек во всем мире занимаются криптографией — это небольшая часть населения мира. В то время как число тех, чью жизнь можно было бы улучшить с помощью цифровых активов, исчисляется миллиардами. Растущая осведомленность, улучшенные пользовательские интерфейсы и снижение технической сложности прокладывают путь к большему распространению. Переход от ранних последователей к раннему большинству идет полным ходом, и только набирает обороты.Почему для новых пользователей все только начинаетсяМысль о том, что в криптоиндустрию уже слишком поздно попасть, бесконечно далека от истины. Ранние последователи, безусловно, извлекли выгоду из своей интуиции, но возможности впереди столь же значительны. При участии лишь небольшого процента мирового населения существуют широкие возможности для роста и внедрения.Binance стремится упростить этот переход для новых пользователей. Такие инструменты, как Binance Academy, предоставляют бесплатные, доступные ресурсы для демистификации крипто- и блокчейн-технологий. Удобные для пользователя интерфейсы и финансовые продукты, предназначенные для простого преодоления барьеров и обеспечения участия всех, независимо от уровня жизни. Например, Binance предлагает функции копи-трейдинга на спотовом и фьючерсном рынках, которые позволяют новичкам воспроизводить стратегии опытных трейдеров и учиться на их пути. Симулятор торговли позволяет пользователям окунуться в крипторынок, не рискуя реальными средствами.Внедрение криптовалют выходит за рамки финансового доступа. Речь идет о том, чтобы дать возможность отдельным лицам и сообществам контролировать свои активы, данные и онлайн-личности, приглашая всех принять участие в децентрализованной сети будущего. Снижая зависимость от традиционных финансовых систем и интернет-платформ, цифровые активы создают новые пути для расширения прав и возможностей.Прогнозы Binance на 2025 год и последующий периодМы здесь, чтобы вести, направлять и расширять возможности пользователей. В 2025 году наше внимание будет сосредоточено на глобальном внедрении и создании инструментов, которые сделают криптовалюту доступной для всех. От разработки масштабируемых решений для финансовой интеграции до создания динамичной экосистемы Web3 — Binance стремится к формированию будущего, в котором цифровые активы будут приносить пользу всем.Мы также осознаем важность сотрудничества. Будь то работа с политиками над созданием стимулирующего регулирования или поддержка массовых инициатив, которые демонстрируют реальное влияние криптовалют, мы стремимся к тому, чтобы рост отрасли приносил пользу как можно большему количеству людей.История криптовалюты только начинает писаться. Огромный потенциал цифровых активов для трансформации жизни и отраслей только начинает раскрываться. Если вы были в стороне, сейчас самое время узнать, что скрывает эта технология.

Cryptoholic

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📉 #BTC Flash Crash & Strong Rebound! 🚀

Bitcoin showed extreme volatility, dropping from $85,750 to $79,950 in a sharp sell-off! But bulls stepped in, pushing it back up to $82,000 today. 📊🔥

🔹 Support Held: $79,950 – Buyers defended aggressively

🔹 Resistance Ahead: $83,500 – Breakout or rejection?

🔹 Market Sentiment: High leverage liquidations triggered the drop, but strong buying interest is fueling recovery!

💰 What’s Next?

Will BTC push towards a new ATH or face another rejection? Share your thoughts below! 👇

#Bitcoin #BTC #CryptoTrading #PriceAction #CryptoAnalysis $BTC

BTC

Cryptoholic

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Polygon hitting $100B in all-time volume on Uniswap is a testament to how Layer 2 scaling solutions are redefining DeFi efficiency.
🚀

With low fees, high throughput, and deep liquidity, it's no surprise that the 'purple chain' is becoming a go-to hub for swaps and on-chain activity.

we're closely watching the evolution of #MultichainLiquidity and how platforms like #Uniswap are shaping the next wave of #DeFi and #Web3Finance.

What’s next for #Polygon? Will it surpass expectations and dominate even more market share? Let’s discuss!
👇🔥

#Blockchain #Crypto #Layer2 #Ethereum #DEX #LiquidityPools

UNI

Cryptoholic

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Chinese AI startup DeepSeek has stunned the industry with a theoretical 545% daily profit margin from its inference services, despite offering discounted pricing and free access to some platforms. With revenue estimates reaching $562,027 per day, the company’s cost-efficient use of NVIDIA H800 GPUs has made it a major contender in the AI space.

Cryptoholic

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What are the key challenges or barriers hindering the widespread adoption of the Metaverse?The key challenges of metaverse The concept of the Metaverse, a virtual universe where users can interact with a computer-generated environment and other users, has gained significant attention recently. While there is enthusiasm about its potential, several challenges and barriers currently hinder the widespread adoption of the Metaverse. Here are some key challenges: Technical Infrastructure: Building a fully functional metaverse requires a robust technological infrastructure that can support seamless virtual experiences. This includes high-speed internet connectivity, low latency, powerful computing capabilities, and scalable servers. Ensuring the widespread availability of these technologies can be a significant challenge, particularly in less developed regions or rural areas. Interoperability and Standards: The metaverse will likely involve multiple platforms, virtual worlds, and interconnected systems. Ensuring interoperability and standardization among these different components is crucial to enable users to seamlessly navigate and interact within the metaverse. Developing and implementing common standards and protocols could be a complex process, involving collaboration among various stakeholders. User Interface and Experience: For the metaverse to gain widespread adoption, it needs to offer compelling and intuitive user experiences that rival or surpass the real world. The learning curve associated with new technologies and interfaces may initially hinder adoption. Moreover, the metaverse must appeal to a broad audience and offer experiences that cater to different user preferences and interests. Privacy and Security Concerns: The metaverse will involve the collection and sharing of vast amounts of personal data, potentially raising concerns about privacy and security. Protecting user information, preventing unauthorized access, and addressing cybersecurity risks will be essential for building trust among users and encouraging widespread adoption. Accessibility and Inclusivity: Ensuring that the metaverse is accessible to people with disabilities, as well as those from diverse socioeconomic backgrounds, is a significant challenge. Accessibility considerations should be incorporated into the design and development of the metaverse to avoid creating barriers for certain user groups. Legal and Regulatory Frameworks: The metaverse is expected to have a profound impact on various industries and economies. Addressing economic disparities and potential monopolistic tendencies will be important to ensure fair participation and avoid consolidations that hinder competition. Additionally, regulatory frameworks will need to be established to address legal, ethical, and governance issues associated with virtual environments. Ethical and Societal Implications: Virtual worlds and the metaverse challenge traditional notions of reality and raise philosophical, ethical, and social questions. Cultural acceptance and integration into society may take time and require addressing concerns related to identity, addiction, isolation, and the impact on physical communities. Overcoming these challenges and barriers will require collaborative efforts from various stakeholders, including technology companies, policymakers, developers, content creators, and the user community. Addressing these concerns will pave the way for the widespread adoption and responsible development of the Metaverse. #NFTs #Metaverse #Adoptions

What are the key challenges or barriers hindering the widespread adoption of the Metaverse?

The key challenges of metaverse

The concept of the Metaverse, a virtual universe where users can interact with a computer-generated environment and other users, has gained significant attention recently. While there is enthusiasm about its potential, several challenges and barriers currently hinder the widespread adoption of the Metaverse. Here are some key challenges:

Technical Infrastructure: Building a fully functional metaverse requires a robust technological infrastructure that can support seamless virtual experiences. This includes high-speed internet connectivity, low latency, powerful computing capabilities, and scalable servers. Ensuring the widespread availability of these technologies can be a significant challenge, particularly in less developed regions or rural areas.

Interoperability and Standards: The metaverse will likely involve multiple platforms, virtual worlds, and interconnected systems. Ensuring interoperability and standardization among these different components is crucial to enable users to seamlessly navigate and interact within the metaverse. Developing and implementing common standards and protocols could be a complex process, involving collaboration among various stakeholders.

User Interface and Experience: For the metaverse to gain widespread adoption, it needs to offer compelling and intuitive user experiences that rival or surpass the real world. The learning curve associated with new technologies and interfaces may initially hinder adoption. Moreover, the metaverse must appeal to a broad audience and offer experiences that cater to different user preferences and interests.

Privacy and Security Concerns: The metaverse will involve the collection and sharing of vast amounts of personal data, potentially raising concerns about privacy and security. Protecting user information, preventing unauthorized access, and addressing cybersecurity risks will be essential for building trust among users and encouraging widespread adoption.

Accessibility and Inclusivity: Ensuring that the metaverse is accessible to people with disabilities, as well as those from diverse socioeconomic backgrounds, is a significant challenge. Accessibility considerations should be incorporated into the design and development of the metaverse to avoid creating barriers for certain user groups.

Legal and Regulatory Frameworks: The metaverse is expected to have a profound impact on various industries and economies. Addressing economic disparities and potential monopolistic tendencies will be important to ensure fair participation and avoid consolidations that hinder competition. Additionally, regulatory frameworks will need to be established to address legal, ethical, and governance issues associated with virtual environments.

Ethical and Societal Implications: Virtual worlds and the metaverse challenge traditional notions of reality and raise philosophical, ethical, and social questions. Cultural acceptance and integration into society may take time and require addressing concerns related to identity, addiction, isolation, and the impact on physical communities.

Overcoming these challenges and barriers will require collaborative efforts from various stakeholders, including technology companies, policymakers, developers, content creators, and the user community. Addressing these concerns will pave the way for the widespread adoption and responsible development of the Metaverse.

#NFTs

#Metaverse #Adoptions

Cryptoholic

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Ripple vs SEC: CryptoLaw Founder Responds to XRP Haters on SEC’s “Security” ArgumentJohn Deaton, the founder of CryptoLaw and a famous XRP enthusiast, has taken to Twitter to share his take on another XRP SEC-related issue. Deaton believes the SEC's decision to subpoena the creator of the XRP ledger could be an attempt to stifle "innovation" in the cryptocurrency space. Deaton recently responded to XRP haters on Twitter claiming that the SEC is right and believing that "XRP is clearly a security." He said he's encountered this sentiment lately and that he doesn't believe that XRP is a security. Deaton's response to XRP haters on Twitter Deaton tweeted that “all these XRP haters” who tweeted that the SEC will easily win the lawsuit against Ripple cannot provide a reasonable answer as to why they definitely think XRP is a security. The CryptoLaw founder points out that the regulator could easily have attacked Ripple for the same reason in 2018, when the SEC lawyers conducted a thorough analysis of the token that Ripple Labs works with. The memo was dated June 13, 2018. After the analysis, they allowed the fintech giant to continue its XRP sales and allowed Ripple to buy 9% stake in MoneyGram. More than that, they continue to “offload” XRP on them in public. If XRP were clearly a security, US regulators wouldn't have been dealing with this lawsuit for two years and "wouldn't now be facing a fair-notice defense." Deaton responded to @JayVTheGreat's tweet that he expects Ripple to lose by saying "I'm not so sure. XRP is still 50% higher than a year ago.” SEC enforcement attorneys analyzed Ripple's XRP in a June 13, 2018 memo and did not recommend a cease and desist order or enforcement if Ripple does not stop selling illicit securities. Ripple CEO expects the case to close this year Earlier this week, during the World Economic Forum in Davos, Ripple CEO Brad Garlinghouse expressed hope that the judge will make a decision on the lawsuit later this year, likely in the first half of the year. He said all the paperwork had been made available to the judge and now all that was left to do was wait and see. However, Garlinghouse stressed that he doesn't see much chance of reaching an agreement with the SEC as Ripple's only requirement here is to declare XRP a non-securities, which the SEC obviously won't accept.

Ripple vs SEC: CryptoLaw Founder Responds to XRP Haters on SEC’s “Security” Argument

John Deaton, the founder of CryptoLaw and a famous XRP enthusiast, has taken to Twitter to share his take on another XRP SEC-related issue. Deaton believes the SEC's decision to subpoena the creator of the XRP ledger could be an attempt to stifle "innovation" in the cryptocurrency space.

Deaton recently responded to XRP haters on Twitter claiming that the SEC is right and believing that "XRP is clearly a security." He said he's encountered this sentiment lately and that he doesn't believe that XRP is a security.

Deaton's response to XRP haters on Twitter

Deaton tweeted that “all these XRP haters” who tweeted that the SEC will easily win the lawsuit against Ripple cannot provide a reasonable answer as to why they definitely think XRP is a security.

The CryptoLaw founder points out that the regulator could easily have attacked Ripple for the same reason in 2018, when the SEC lawyers conducted a thorough analysis of the token that Ripple Labs works with. The memo was dated June 13, 2018.

After the analysis, they allowed the fintech giant to continue its XRP sales and allowed Ripple to buy 9% stake in MoneyGram. More than that, they continue to “offload” XRP on them in public.

If XRP were clearly a security, US regulators wouldn't have been dealing with this lawsuit for two years and "wouldn't now be facing a fair-notice defense."

Deaton responded to @JayVTheGreat's tweet that he expects Ripple to lose by saying "I'm not so sure. XRP is still 50% higher than a year ago.”

SEC enforcement attorneys analyzed Ripple's XRP in a June 13, 2018 memo and did not recommend a cease and desist order or enforcement if Ripple does not stop selling illicit securities.

Ripple CEO expects the case to close this year

Earlier this week, during the World Economic Forum in Davos, Ripple CEO Brad Garlinghouse expressed hope that the judge will make a decision on the lawsuit later this year, likely in the first half of the year.

He said all the paperwork had been made available to the judge and now all that was left to do was wait and see. However, Garlinghouse stressed that he doesn't see much chance of reaching an agreement with the SEC as Ripple's only requirement here is to declare XRP a non-securities, which the SEC obviously won't accept.

XRP

Cryptoholic

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Technical indicators:

#MACD is now sloping down into bullish territory.

The Relative Strength Index (RSI) for Bitcoin/USD is now above the 50 levels, suggesting that the price is overbought.

Key resistance levels are $19,000, $19,200, and $20,000.

#crypto2023 #Bitcoin #BTC

BTC

Cryptoholic

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BNB price ahead of a further increase to $300: The rally is not over yet

Binance coin prices found support at $240 against the US Dollar and surged above $260. The coin might aim more upside towards the $300 level.

Binance coin price started a recovery wave from the $240 support against the US Dollar. The price is now trading at $269.

The price is trading above $265 and has been above the 100 simple moving average (4 hours) for the past few hours.

The pair might rise and further scale above the $280 resistance zone.

Binance coin price climbs higher

For the past week, the Binance coin price formed a support base above the $240 level. There was a strong recovery wave that started above the $250 resistance zone.

The BNB token traded as high as $283 before consolidating its gains and is now trading above $265, near the 100 simple moving average (4 hours) and the 23.6% Lie retracement level of the Vertical move from swing low at $240.5 to high at $283.4.

On the potential gain, the bears are safeguarding the $280 and $285 opposition levels. The next major resistance is located at $292, above which the price is likely to test $300 in the near term. Any further gains could propel the price toward the $320 level.

Does BNB support price declines?

If BNB fails to clear the $280 resistance, a downside correction might begin. Support on the downside is near the $265 level.

The first key support is at $262. A break below this level could see an extended drop toward the $240 support.

BNB/USD MACD is sloping up into bullish territory.

The RSI for BNB/USD is currently above 50, which suggests that the cryptocurrency is in a bullish trend.

Currently, BNB support levels are $265.5, $262.5, & $255.

Key resistance levels – $280, $285, and $300.

#Crypto2023 #Crypto #Blockchain #BNB #Binance

BNB

Cryptoholic

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Is cryptocurrency mining profitable in 2023?Cryptocurrencies are growing in popularity and more and more people are trying to get a piece of the digital currency pie. This is especially true for those interested in cryptocurrency mining, which is now possible in a number of ways. Cryptocurrency YouTuber Drew Vosk has analyzed the existing crypto mining methods, using his own experience as a guide to measure and predict their viability and suggest different ways to earn passive income from cryptocurrencies. For a long time, mining using graphics cards or graphics processing units (GPUs) has been the top choice for most crypto enthusiasts to generate their digital wealth, but Vosk believes this method of cryptocurrency mining is no longer so viable. He believes that mining with CPUs is now more effective due to the higher performance they offer. According to him, there are only four graphics cards today that make more money than they use power, and none of them are currently making more than 24 cents a day. Also, they cost between $600 and $2,000, leading the YouTuber to conclude that "GPU mining is absolutely dead." However, there are several alternatives to GPU mining, and Vosk has analyzed several of them. Some of these are CPU mining, using a cloud mining service, or using a mining pool. One of the most viable long-term crypto mining options is to use mining software like Evergreen Miner v2, which costs around $60 per month on average. Mining rig prices range from $299 for a very basic Starter Kit to $2,799 for the Starter Kit Pro, which offers a mining rig that isn't noisy, doesn't produce a lot of heat, and doesn't cost a lot. Vosk recommends this mining rig for mining Chia (XCH). Vosk also mentions bobcat miners like Bobber 500 as a way to mine helium (HNT) with 5G cellular and LoRaWAN radio coverage, but he doesn't think it's a very interesting or profitable option given his 18 helium hotspot -Miners only generated $1 per day. Due to his negative experiences with Helium and NovaLabs, he doesn't have much faith in cryptocurrencies. However, he admits that whether people love it or hate it, 5G mining could be lucrative. The Bitmain Antminer K7 is a viable alternative to GPU and CPU mining and the second most profitable miner after the KA3 model. However, the winning numbers can change drastically depending on market conditions. He mentioned the Bitmain Antminer L7, which is available from mining rig reseller CoinMining Central for $10,725 each, while the K7 costs $5,728. This is slightly more expensive than Bitmain's website but comparatively more available. Vosk also touched on Equihash mining, an algorithm that enables the mining of ASIC-resistant cryptocurrencies like Zcash (ZEC), which he recommends, although many have criticized it, calling the token "Z-Trash." Currently, there is only one miner viable for mining Equihash cryptocurrencies – the Bitmain Antminer Z15 from 2020. Vosk does not see this miner as very viable as it is already three years old and he assumes that many new Equihash mining devices will replace it very soon. Crypto mining is still profitable Vosk advises those who already own devices that make a few dollars a day to keep using them, but also to analyze which option works best for them - do the math and compare electricity prices. Another option is building a crypto mining rig from scratch, which may sound daunting to a beginner, but with a little help can become a fun and potentially very rewarding activity that could pay off in the future, depending on the Situation in the crypto space (and beyond). However, if independence from the local grid and offsetting the power drain associated with mining Bitcoin (BTC) sounds more appealing, then using solar power to mine cryptocurrencies could be the right, albeit weaker, choice. The results could be different. #Crypto2023 #Crypto #Mining #Blockchain

Is cryptocurrency mining profitable in 2023?

Cryptocurrencies are growing in popularity and more and more people are trying to get a piece of the digital currency pie. This is especially true for those interested in cryptocurrency mining, which is now possible in a number of ways.

Cryptocurrency YouTuber Drew Vosk has analyzed the existing crypto mining methods, using his own experience as a guide to measure and predict their viability and suggest different ways to earn passive income from cryptocurrencies.

For a long time, mining using graphics cards or graphics processing units (GPUs) has been the top choice for most crypto enthusiasts to generate their digital wealth, but Vosk believes this method of cryptocurrency mining is no longer so viable. He believes that mining with CPUs is now more effective due to the higher performance they offer.

According to him, there are only four graphics cards today that make more money than they use power, and none of them are currently making more than 24 cents a day. Also, they cost between $600 and $2,000, leading the YouTuber to conclude that "GPU mining is absolutely dead."

However, there are several alternatives to GPU mining, and Vosk has analyzed several of them. Some of these are CPU mining, using a cloud mining service, or using a mining pool.

One of the most viable long-term crypto mining options is to use mining software like Evergreen Miner v2, which costs around $60 per month on average.

Mining rig prices range from $299 for a very basic Starter Kit to $2,799 for the Starter Kit Pro, which offers a mining rig that isn't noisy, doesn't produce a lot of heat, and doesn't cost a lot. Vosk recommends this mining rig for mining Chia (XCH).

Vosk also mentions bobcat miners like Bobber 500 as a way to mine helium (HNT) with 5G cellular and LoRaWAN radio coverage, but he doesn't think it's a very interesting or profitable option given his 18 helium hotspot -Miners only generated $1 per day.

Due to his negative experiences with Helium and NovaLabs, he doesn't have much faith in cryptocurrencies. However, he admits that whether people love it or hate it, 5G mining could be lucrative.

The Bitmain Antminer K7 is a viable alternative to GPU and CPU mining and the second most profitable miner after the KA3 model. However, the winning numbers can change drastically depending on market conditions.

He mentioned the Bitmain Antminer L7, which is available from mining rig reseller CoinMining Central for $10,725 each, while the K7 costs $5,728. This is slightly more expensive than Bitmain's website but comparatively more available.

Vosk also touched on Equihash mining, an algorithm that enables the mining of ASIC-resistant cryptocurrencies like Zcash (ZEC), which he recommends, although many have criticized it, calling the token "Z-Trash."

Currently, there is only one miner viable for mining Equihash cryptocurrencies – the Bitmain Antminer Z15 from 2020. Vosk does not see this miner as very viable as it is already three years old and he assumes that many new Equihash mining devices will replace it very soon.

Crypto mining is still profitable

Vosk advises those who already own devices that make a few dollars a day to keep using them, but also to analyze which option works best for them - do the math and compare electricity prices.

Another option is building a crypto mining rig from scratch, which may sound daunting to a beginner, but with a little help can become a fun and potentially very rewarding activity that could pay off in the future, depending on the Situation in the crypto space (and beyond).

However, if independence from the local grid and offsetting the power drain associated with mining Bitcoin (BTC) sounds more appealing, then using solar power to mine cryptocurrencies could be the right, albeit weaker, choice. The results could be different.

#Crypto2023 #Crypto #Mining #Blockchain

BTC

ZEC

Cryptoholic

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$XRP: Over 52 crypto exchanges support upcoming $FLR airdrop to $XRP holdersJust hours before the Flare ($FLR) token airdrop to eligible XRP holders, over 50 crypto exchanges have confirmed that they will be distributing $FLR tokens after the Flare Network completed the $FLR airdrop to exchanges. Flare is a decentralized smart contract platform that uses a new programming language called Flare. It is designed to be compatible with the Ethereum Virtual Machine (EVM), which means it can run Ethereum smart contracts and dApps. The FLR token is used as a medium of exchange and a store of value within the Flare network. It is also used to reward participants for their contribution to the network, e.g. B. by validating transactions. The Flare Network is a separate platform from XRP but is closely related to it. The $FLR token is intended for use on the Flare Network, while $XRP is a cryptocurrency used on the XRP Ledger. However, Flare has announced that it will support $XRP as a "First Class Citizen" on its platform, meaning that $XRP will be able to be used in the same way as the $FLR token within the Flare network will. This includes the ability to be used as a medium of exchange and a store of value, as well as the ability to be used in smart contracts and other dApps built on top of the Flare Network. According to XRP influencer “XRP_Cro”, at least 52 crypto exchanges have confirmed their support for the $FLR token distribution, which is expected to start on January 9, 2023, at 23:59 UTC. The FLR Token Distribution Event is coming soon! Join the #Flare team and guests on Twitter tomorrow at 23:59 UTC for a live stream. Distribution begins a few minutes before the stream begins. The Twitter thread by "XRP_Cro" (@stedas on Twitter) contains a lot of useful information about the $FLR airdrop and is highly recommended reading for the $XRP community. On November 30, 2022, Flare Network announced that Binance will “provide eligible customers with the first 15% of Flare’s public token distribution (FLR).” This will be at the ratio of 0.1511 FLR for every 1.0000 XRP, which is held on Binance at the time of the snapshot on December 12, 2020. The Flare team went on to say: The FLR token public distribution will be completed over 36 months with a total ratio of 1.0073 FLR for every 1.0000 XRP. A comprehensive summary of FIP.01 and details on the two possible versions of flare tokenomics for the various governance vote outcomes are available for further reading. If Binance decides to support subsequent airdrops, another announcement will be made. Flare token distribution will allow recipients to wrap and delegate their tokens to the Flare Time Series Oracle, which will begin earning inflated rewards for supporting the delivery of decentralized data to the network. If the community votes for FIP.01, it will also ensure recipients receive the maximum number of FLR tokens available to them. This is the same airdrop that Binance previously confirmed support for. The only differences are that the token is now called Flare (FLR) and the token distribution date has been set for January 9, 2023. The eligibility criteria for the token distribution are unchanged and are based on an XRP snapshot completed on December 12, 2020. Coinbase confirmed on December 12, 2022, that it will support the $FLR airdrop, but it hasn't yet promised to do so immediately like other major centralized exchanges. #Crypto2023 #Crypto #Blockchain #XRP #FLR

$XRP: Over 52 crypto exchanges support upcoming $FLR airdrop to $XRP holders

Just hours before the Flare ($FLR) token airdrop to eligible XRP holders, over 50 crypto exchanges have confirmed that they will be distributing $FLR tokens after the Flare Network completed the $FLR airdrop to exchanges.

Flare is a decentralized smart contract platform that uses a new programming language called Flare. It is designed to be compatible with the Ethereum Virtual Machine (EVM), which means it can run Ethereum smart contracts and dApps. The FLR token is used as a medium of exchange and a store of value within the Flare network. It is also used to reward participants for their contribution to the network, e.g. B. by validating transactions.

The Flare Network is a separate platform from XRP but is closely related to it. The $FLR token is intended for use on the Flare Network, while $XRP is a cryptocurrency used on the XRP Ledger. However, Flare has announced that it will support $XRP as a "First Class Citizen" on its platform, meaning that $XRP will be able to be used in the same way as the $FLR token within the Flare network will. This includes the ability to be used as a medium of exchange and a store of value, as well as the ability to be used in smart contracts and other dApps built on top of the Flare Network.

According to XRP influencer “XRP_Cro”, at least 52 crypto exchanges have confirmed their support for the $FLR token distribution, which is expected to start on January 9, 2023, at 23:59 UTC.

The FLR Token Distribution Event is coming soon!

Join the #Flare team and guests on Twitter tomorrow at 23:59 UTC for a live stream. Distribution begins a few minutes before the stream begins.

The Twitter thread by "XRP_Cro" (@stedas on Twitter) contains a lot of useful information about the $FLR airdrop and is highly recommended reading for the $XRP community.

On November 30, 2022, Flare Network announced that Binance will “provide eligible customers with the first 15% of Flare’s public token distribution (FLR).” This will be at the ratio of 0.1511 FLR for every 1.0000 XRP, which is held on Binance at the time of the snapshot on December 12, 2020.

The Flare team went on to say:

The FLR token public distribution will be completed over 36 months with a total ratio of 1.0073 FLR for every 1.0000 XRP. A comprehensive summary of FIP.01 and details on the two possible versions of flare tokenomics for the various governance vote outcomes are available for further reading. If Binance decides to support subsequent airdrops, another announcement will be made.

Flare token distribution will allow recipients to wrap and delegate their tokens to the Flare Time Series Oracle, which will begin earning inflated rewards for supporting the delivery of decentralized data to the network. If the community votes for FIP.01, it will also ensure recipients receive the maximum number of FLR tokens available to them.

This is the same airdrop that Binance previously confirmed support for. The only differences are that the token is now called Flare (FLR) and the token distribution date has been set for January 9, 2023. The eligibility criteria for the token distribution are unchanged and are based on an XRP snapshot completed on December 12, 2020.

Coinbase confirmed on December 12, 2022, that it will support the $FLR airdrop, but it hasn't yet promised to do so immediately like other major centralized exchanges.

#Crypto2023 #Crypto #Blockchain #XRP #FLR

ETH

XRP

Cryptoholic

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#LINK reversed back to the resistance and given no confirmation for sells and broke above the zone. Price made immediate retest back and made an pin bar candlestick, which shows buyers confidence. Scalp move is possible till next resistance $6.00

Cryptoholic

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Why the Bank of France demands strict crypto licensingThe governor of France's central bank has advocated strict crypto regulations in the country, following a trend of global countries changing their regulations. He stressed the urgent need for such regulations to protect consumers and prevent financial crime. France's central bank governor Francois Villeroy de Galhau said market volatility was a reason to introduce a mandatory licensing regime "as soon as possible". The recent FTX bust in November of last year has worsened the situation in the crypto industry as it caused many investors to change their views on virtual assets, and the turmoil in the crypto market caused by the stock market collapse caused many countries to apply stricter regulations. The European Union has decided to draft comprehensive crypto regulations in 2020 to meet the ever-changing needs for crypto regulations. However, the Markets in Crypto Assets (MiCA) law is not expected to come into force until 2024. Therefore, European crypto companies can legally operate without acquiring a license until the MiCA regulation comes into effect and establishes a licensing regime. France issued strict crypto licensing regulations following the FTX episodes. This led to a decrease in the number of cryptocurrency exchanges in the country. The French finance minister wants to scrap the clause that would require crypto companies to obtain a DASP license to operate in France. He suggested making it mandatory for every crypto company to obtain a DASP license. He noted in a statement: All the turmoil in 2022 feeds the belief that France should move to mandatory DASP licensing as soon as possible, rather than just registration. In France, obtaining a DASP (Digital Assets Service Provider) license is currently optional. The EU Parliament has exempted crypto companies from licensing until 2026 when EU crypto rules will see a new licensing regime. The governor wants to change the way crypto platforms are managed to save them from bankruptcy and give the Financial Markets Authority more control over these companies. So far, around 60 crypto companies have registered with the Financial Markets Authority, but they have yet to obtain a DASP license. Cryptocurrency companies wishing to operate in the United States must obtain a DASP license. This license will oblige platforms to disclose more detailed business information to eliminate risks. In December 2022, the French Finance Commission proposed an amendment to French tax law. The change would allow companies to deduct their research and development expenses from their taxable income. This would incentivize companies to invest in R&D and help them compete with foreign companies. The governor is not the first to criticize the clause that allows crypto companies to operate with minimal regulatory interference. In light of the FTX crisis, Hervé Maurey, a member of the Senate Finance Commission, had already proposed in December last year to remove the clause that allows crypto providers to operate with little regulatory intervention until 2026. Speaking to the Financial Times in mid-December, Hervé Maurey said tighter regulation of cryptocurrencies was needed to prevent them from being used for money laundering and other illegal activities. The collapse of FTX was a detonation that contributed to a moment of realization and awareness. This has led a number of actors within the French system to believe that things need to be monitored more closely.

Why the Bank of France demands strict crypto licensing

The governor of France's central bank has advocated strict crypto regulations in the country, following a trend of global countries changing their regulations. He stressed the urgent need for such regulations to protect consumers and prevent financial crime.

France's central bank governor Francois Villeroy de Galhau said market volatility was a reason to introduce a mandatory licensing regime "as soon as possible".

The recent FTX bust in November of last year has worsened the situation in the crypto industry as it caused many investors to change their views on virtual assets, and the turmoil in the crypto market caused by the stock market collapse caused many countries to apply stricter regulations.

The European Union has decided to draft comprehensive crypto regulations in 2020 to meet the ever-changing needs for crypto regulations. However, the Markets in Crypto Assets (MiCA) law is not expected to come into force until 2024. Therefore, European crypto companies can legally operate without acquiring a license until the MiCA regulation comes into effect and establishes a licensing regime.

France issued strict crypto licensing regulations following the FTX episodes. This led to a decrease in the number of cryptocurrency exchanges in the country.

The French finance minister wants to scrap the clause that would require crypto companies to obtain a DASP license to operate in France. He suggested making it mandatory for every crypto company to obtain a DASP license.

He noted in a statement:

All the turmoil in 2022 feeds the belief that France should move to mandatory DASP licensing as soon as possible, rather than just registration.

In France, obtaining a DASP (Digital Assets Service Provider) license is currently optional. The EU Parliament has exempted crypto companies from licensing until 2026 when EU crypto rules will see a new licensing regime.

The governor wants to change the way crypto platforms are managed to save them from bankruptcy and give the Financial Markets Authority more control over these companies. So far, around 60 crypto companies have registered with the Financial Markets Authority, but they have yet to obtain a DASP license.

Cryptocurrency companies wishing to operate in the United States must obtain a DASP license. This license will oblige platforms to disclose more detailed business information to eliminate risks.

In December 2022, the French Finance Commission proposed an amendment to French tax law. The change would allow companies to deduct their research and development expenses from their taxable income. This would incentivize companies to invest in R&D and help them compete with foreign companies.

The governor is not the first to criticize the clause that allows crypto companies to operate with minimal regulatory interference. In light of the FTX crisis, Hervé Maurey, a member of the Senate Finance Commission, had already proposed in December last year to remove the clause that allows crypto providers to operate with little regulatory intervention until 2026.

Speaking to the Financial Times in mid-December, Hervé Maurey said tighter regulation of cryptocurrencies was needed to prevent them from being used for money laundering and other illegal activities.

The collapse of FTX was a detonation that contributed to a moment of realization and awareness. This has led a number of actors within the French system to believe that things need to be monitored more closely.

Cryptoholic

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Crypto conglomerate DCG under investigation by US authoritiesThe Digital Currency Group (DCG) is currently under investigation by US authorities. According to a report by Bloomberg, US prosecutors in New York are investigating internal transfers between the billionaire crypto conglomerate and its crypto lending arm, Genesis Global Capital. The crypto lending company has long been in the spotlight after suffering heavy losses over the past year. According to anonymous sources close to the investigation, federal prosecutors are interviewing certain employees and requesting office records. A DCG spokesman denied that the American venture capital firm was under investigation. “DCG has always conducted its business fairly, and we have no knowledge or reason to believe that DCG is under investigation in the Eastern District of New York. However, Bloomberg's report suggests that DCG could be locked in a duel as the company is also under investigation by the Securities and Exchange Commission (SEC). So far, however, no party has filed charges against DCG, and neither have the two US agencies released any concrete information. DCG and its relationship to Genesis Genesis Global Capital's troubles began in the middle of last year, after the collapse of Three Arrows Capital. During that period, the crypto lending servicer saw heavy losses of $1.2 billion. A few months later, FTX, a crypto exchange, filed for bankruptcy. This left Genesis with a liquidity crisis that caused the company to suspend withdrawals and loan requests. To allay public concerns, DCG has consistently distanced itself from Genesis, stating that the company operates as an autonomous entity. In a November 2022 circular to shareholders, DCG CEO and founder Barry Silbert disclosed all outstanding loans between the two companies. He went on to say that all loans were made on an arm's length basis and repayment was structured according to market interest rates at the time. Will the Crypto Market Survive an Attack on DCG? Digital Currency Group is one of the largest crypto conglomerates in the industry with an AUM value of $50 billion as of September 2021. Genesis Global Capital owns other subsidiaries including Grayscale Investments, media publication CoinDesk, Foundry and Luno. These subsidiaries hold a variety of cryptocurrencies and assets, including bitcoin. Should the investigation into DCG uncover information that casts a negative light on the conglomerate and its subsidiaries, it could have devastating effects on the entire crypto market. Investors can remain calm until further information about the investigation is released. However, there is currently no indication that this will happen. Cryptocurrencies have steadily recovered since the FTX collapse in November. At the time of writing, Bitcoin is up 2.4% over the past seven days and is currently trading at $16,937.52, according to data from Coinbase. Bitcoin is the largest cryptocurrency asset with a total market cap of $326.141 billion. #Crypto #DCG #Blockchain

Crypto conglomerate DCG under investigation by US authorities

The Digital Currency Group (DCG) is currently under investigation by US authorities.

According to a report by Bloomberg, US prosecutors in New York are investigating internal transfers between the billionaire crypto conglomerate and its crypto lending arm, Genesis Global Capital.

The crypto lending company has long been in the spotlight after suffering heavy losses over the past year.

According to anonymous sources close to the investigation, federal prosecutors are interviewing certain employees and requesting office records.

A DCG spokesman denied that the American venture capital firm was under investigation.

“DCG has always conducted its business fairly, and we have no knowledge or reason to believe that DCG is under investigation in the Eastern District of New York.

However, Bloomberg's report suggests that DCG could be locked in a duel as the company is also under investigation by the Securities and Exchange Commission (SEC). So far, however, no party has filed charges against DCG, and neither have the two US agencies released any concrete information.

DCG and its relationship to Genesis

Genesis Global Capital's troubles began in the middle of last year, after the collapse of Three Arrows Capital. During that period, the crypto lending servicer saw heavy losses of $1.2 billion.

A few months later, FTX, a crypto exchange, filed for bankruptcy. This left Genesis with a liquidity crisis that caused the company to suspend withdrawals and loan requests.

To allay public concerns, DCG has consistently distanced itself from Genesis, stating that the company operates as an autonomous entity.

In a November 2022 circular to shareholders, DCG CEO and founder Barry Silbert disclosed all outstanding loans between the two companies. He went on to say that all loans were made on an arm's length basis and repayment was structured according to market interest rates at the time.

Will the Crypto Market Survive an Attack on DCG?

Digital Currency Group is one of the largest crypto conglomerates in the industry with an AUM value of $50 billion as of September 2021.

Genesis Global Capital owns other subsidiaries including Grayscale Investments, media publication CoinDesk, Foundry and Luno. These subsidiaries hold a variety of cryptocurrencies and assets, including bitcoin.

Should the investigation into DCG uncover information that casts a negative light on the conglomerate and its subsidiaries, it could have devastating effects on the entire crypto market.

Investors can remain calm until further information about the investigation is released. However, there is currently no indication that this will happen.

Cryptocurrencies have steadily recovered since the FTX collapse in November. At the time of writing, Bitcoin is up 2.4% over the past seven days and is currently trading at $16,937.52, according to data from Coinbase. Bitcoin is the largest cryptocurrency asset with a total market cap of $326.141 billion.

#Crypto #DCG #Blockchain

BTC

Cryptoholic

What are the key challenges or barriers hindering the widespread adoption of the Metaverse?

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BNB price ahead of a further increase to $300: The rally is not over yet

Is cryptocurrency mining profitable in 2023?

$XRP: Over 52 crypto exchanges support upcoming $FLR airdrop to $XRP holders

Why the Bank of France demands strict crypto licensing

Crypto conglomerate DCG under investigation by US authorities

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