🔊#Mastercard launches #bitcoin card in the #EU and the # | EyüpÇebi on Binance Square

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6 Mar 2023

🔊#Mastercard  launches #bitcoin  card in the #EU  and the #UK 🔥🔥🔥

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Could Bitcoin have a V-shaped upturn? Bitcoin is quickly gaining momentum as it approaches the $85,000 mark. Before re-testing its all-time high of $109,588 and the $100,000 milestone, the biggest cryptocurrency may face resistance near $90,000. In the next weeks, Bitcoin may see a V-shaped rebound if its upward momentum continues. That is, unless Bitcoin maintains its resilience and closes the daily candlestick above important resistances, which would turn those levels into support on the price chart. The relative strength index (RSI) and the moving average convergence divergence (MACD) are two important momentum indicators that lend credence to the idea that Bitcoin is going higher. The MACD is flashing green histogram bars above the neutral line, while the RSI is reading 45 and rising upwards. Crypto traders are bracing for a response similar to that of past tariff announcements, despite the fact that the market seems to be unsettled ahead of Liberation Day. Since the 2024 election results, Bitcoin has bounced back from four separate flash falls. In light of this, the asset may be able to bounce back after a loss. As traders become more cautious, these groups bear the brunt of the impact On Monday, the crypto market took a nosedive, with the worst hits going to AI tokens, meme currencies, and mining tokens. Tokens in the Bittensor ecosystem and those used as aggregators on Dex have fallen in value by 3–5% over the last day. #Saylor500KClub #BTC #TrumpTariffs #MarketPullback #AmericanBitcoinLaunch $BTC

12h

Pepe Whale sets off a panic attack, dumps 150 billion tokens as prices drop. A major participant in the Pepe coin market, cashed out a significant portion of their holdings, which causes the meme currency's price to waver. This early on Pepe investor sold out 150 billion tokens on a crypto market called Binance. The transaction brought around almost $1.14 million. Those who track the ups and downs of these digital currencies have taken note of this major action. Early Investing Pay Off Great Looking at how much this investor first invested in Pepe makes the narrative much more fascinating. According to reports, they merely paid around $2,184 to purchase a huge 1.5 trillion Pepe token way back. This guy has already earned $6.66 million after selling off part of their hoard. That is over 4,718 times their original outlay. Pepe still has a significant amount remaining, over 493 billion tokens, which are presently valued roughly $3.64 million even after this massive sale. Pricing Slips Word of this huge transaction appears to have influenced Pepe's pricing. Based on the transaction, the value of the coin declined around 4.59% during the last day. Other sources are even documenting an even larger decline, exceeding 5%. One Pepe currency today is selling for around $0.00006976. It reminds us that acts of someone who owns a lot of a certain cryptocurrency could really affect the market price. Pepe is still trading lots even if the price is less. Actually, the trading volume in one day has risen by almost 3.90% to $421.28 million. That shows people are still buying and selling the meme currency even with the price drop. #PEPE‏ #MarketPullback #BSCTradingTips #TrumpTariffs $PEPE

13h

Trump's tariff uncertainty boosts BTC bears Bitcoin drops below $82,000 on Monday after dropping 4.29% last week. BTC's first-quarter return is -12.51%, fourth lowest since 2013. At 600, 80% higher than during the 2008 Global Financial Crisis, the EPU index indicates significant market discomfort and risk-off attitude. Bitcoin (BTC) fell 4.29% last week and is below $82,000 on Monday. BTC's first-quarter return is -12.51%, the fourth lowest since 2013. US Economic Policy Uncertainty (EPU) Index is 600, 80% greater than during the 2008 Global Financial Crisis, indicating significant market discomfort and risk-off attitude. Bitcoin falls below $82,000 on Monday after losing 4.29% the week before. Risk-off sentiment and market anxiety rise ahead of US President Donald Trump's tariff deadline, or 'Liberation Day,' on Wednesday. The K33 Research and Kobeissi reports warn traders of heightened volatility. The US Economic Policy ambiguity (EPU) Index chart below, which measures ambiguity in US economic policy since 1985, is above 600, 80% greater than during the 2008 Global Financial Crisis, signifying considerable market concern. High uncertainty generally precedes market instability, as demonstrated during the 2008 crisis and 2020 COVID-19 shutdown. The Wall Street Journal (WSJ) reported on Monday that President Trump's administration is mulling “broader and higher tariffs” before Wednesday's reciprocal tariffs deadline. Trump allegedly considers “an across-the-board hike of up to 20%.” According to a Kobeissi Letter post on X, tariff uncertainties will continue beyond Wednesday. Coinglass Bitcoin Quarterly returns (%) data indicates BTC Q1 returns of -12.51%, the worst since 2018 and the fourth lowest since 2013. According to the monthly return chart below, March has seen a 3.06% correction, but April's average and median returns are 12.98% and 5.04%, respectively, suggesting optimism. #TrumpTariffs #MarketPullback #GoldPricesSoar #FTXrepayment $BTC $ETH

20h

Going Live on Binance and More Exchanges, Gunz (GUN) Hit Over $66M Market Cap Participants in Binance Launchpool numbered over 1,7 million. Having a market capitalization of more over $66 million, Gun is trading above $0.11 right now. Gunz (GUN) was debuted on Binance and other cryptocurrency markets earlier today. Gunz is a gaming initiative that lets users own and sell anything they buy or plunder during games, therefore redefining the system. Gun is the digital asset of the project; the L1 blockchain ecosystem drives community-driven economy in the AAA games. Gun Turns Live on Crypto Markets Binance listed Gun today, at 13:00 (UTC), and trading started for the following pairs: The project is fresh and may show more volatility than other currently listed projects because the exchange posted Gun with the Seed Tag applied. Declared on March 27 as the 66th project on Binance Launchpool, Gun was The creators of Gunz said on X that the currency became live on Binance and other exchanges like Bitget, Gate.io, Bitfinex, Kucoin, and MEXC. Gunz also established a 7-month engagement record with more than $15,8 billion invested and over 1,7 million players in Binance Launchpool. They said that Web3 gaming marks a new age that is now in progress. Furthermore interesting is Binance's announcement of Gun's future trade. Announced Binance Futures Listing Today, March 31, at 13:00 ( UTC), Binance Futures issued the GunusDT Perpetual Contract. Launched with up to 75x leverage, the futures contract represents. Gun is trading over $0.11 at the time of writing this post; its market capitalization is more than $68 million and it has touched over $66 million. Since its introduction, Gun is up more than 17%. Mario Nawfal, the presenter of the largest X event, earlier revealed Gunz as a winning blockchain, noting its first game Off the Grid, which achieved over 480 million transactions and 14,5 million wallets. #GUN #BSCTradingTips #BSCTrendingCoins #MarketPullback #NavigatingAlpha2.0 $GUN

13h

Comparison of XRP to Bitcoin and Ethereum A controversial crypto prognosis that XRP may hit $10,000 per coin has sparked discussion. Analysts are excited and skeptical about the ambitious claim as they evaluate the token's price factors. ETF approvals, institutional acceptance, and its place in conventional finance are expected to boost XRP to this level, according to reports. Not everyone thinks this is feasible. ETFs May Not Work XRP ETFs may support the $10,000 price estimate. Fans anticipate exchange-traded funds to bring massive institutional investment to XRP, raising its price. Joshua Jake, a crypto expert, disproved the idea using Bitcoin ETFs. He said Bitcoin ETFs have opened the way for institutional investors but have not driven Bitcoin to $1 million a coin. Jake believes ETFs cannot drive market activity to reach $10,000 for XRP. Jake said that ETFs boost market-making and resistance while providing market access. He stated even $30 or $20 per XRP would need substantial market value infusion, which is unlikely. At $100, XRP's market value would reach $10 trillion. It would be $1 quadrillion—more than the world's wealth—at $10,000. Jake thinks that's unrealistic and warns against forecasts. Banks may not push XRP to $10,000. If every bank in the world utilized XRP, experts think its price would rise. Jake opposes due to crypto competitiveness and 99.98 billion coins. Even burning some tokens wouldn't cause a supply shock to drive prices higher. Discussing XRP with Bitcoin and Ethereum was another subject. Jake reacted to XRP supporters' claims that Ethereum and Bitcoin are pricey despite their slow growth. He responded by emphasizing Ethereum's role in tokenization and decentralized finance and its $50.75 billion worth. Jake also supported Bitcoin as a popular digital money. He mentioned its use in the carbon credit market and US and IMF support. He said XRP hasn't received the same institutional backing or acceptance. #XRP #ETH #BTC #TrumpTariffs #MarketPullback $BTC $ETH $XRP

20h

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