Huge effort to keep #BTC above $60800. Over 1800 Bitcoins (≈ $109M) traded to avoid further drop. Fear of chain liquidation if it dips more. Expect a temporary rise before potential crash. #Bitcoin #cryptocurrency

$ETC has a promising setup with a double bottom pattern spotted on the daily chart, supported by the SSB. The target price is $29.30, acting as a magnet. Consider setting a stop loss just below $24.50 to manage risk. #ETC #cryptocurrency #BTC #bullmarket #JBVIP

Crazy to see that has pulled in 10 Billion in Volume - and its M CAP is just over 600m

Always felt Price should be a lot higher than what it is.

$WOO was really holding well, but then took a proper hit last week.
#cryptocurrency #Write2Earn $BTC #bitcoinhalving

⚠️⛔️⚠️⛔️⚠️⛔️

Fake Version of Whales Market Used to Steal Cryptocurrency

According to PANews, a report by BleepingComputer has revealed that threat actors have found a way to promote a counterfeit version of Whales Market. The fake version is presented as a sponsored link, positioned at the top of Google search results. Despite the domain address displayed on the search results page appearing legitimate, users are redirected to a counterfeit website upon clicking.

⛔️LIKE - USE EMOJIS IN COMMENT - SHARE
SAVE SOMEONE 👈

The malicious actors have registered multiple domains imitating Whales Market, including inactive ones such as www.whaless.market. The counterfeit version replicates the interface of the genuine Whales Market website, deceiving users into connecting their digital wallets. However, once the malicious script is activated, it steals cryptocurrency from the victims' wallets.

Please support if you find this helpful 🍀

$BTC bc1q65kkjxk2c05gq0swk5wrwncyxzt3ckm0fg0frr

$SOL
73NSxeBpKjaGmaj3Qzd5MNjokci89gAgiBDByD6wCY8U

$ZIL
0x767030054a2CD59661e7fB7EC5C8AD4A64592892

#scam #cryptocurrency #fake
#bitcoinhalving #btc

🌍💰🔍 #BTC Halving History: A Journey Through Time 🕰️

📅 2012-11-28: 💵 $12.35
📅 2016-07-09: 💵 $650.53
📅 2020-05-11: 💵 $8,821.42
❓ 2024-04-??: 💵 ???

🔄 Halving dates and price changes have been a fascinating part of the #Bitcoin journey. As we approach the next halving, what do you think the price will be? 🤔

💡 Share your predictions below! 👇

#bitcoinhalving #cryptocurrency #crypto #blockchain #Bitcoinhistory $BTC

Bullish breakout for $XRWA?

Price is surging after a strong night.

What do you all think?

#xend #cryptocurrency #Write2Earns

#Avalanche ($AVAX ) Analysis: This Death Cross Could Extend the Correction

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Avalanche (AVAX) is one of the few altcoins currently signaling a potential further decline rather than a recovery.

Compounding the challenge for the altcoin is the lack of optimism among AVAX investors regarding a price rally.

Is Avalanche Destined for Correction?

- As of the latest update, Avalanche's price hovers below $40, following recent corrections and a minor uptick over the past few days. While there are hopes for a resurgence in the market, such sentiments are not mirrored in AVAX.

Investors' skepticism arises from Avalanche's first Death Cross in nearly a year. This bearish signal occurs when the short-term 50-day EMA crosses below the long-term 200-day EMA, indicating a potential downtrend. This lack of optimism among investors compounds the bearish sentiment.
The weighted sentiment, which has been on a downward trajectory for the past month, hit a two-month low due to the sudden price decline. The absence of bullishness among AVAX holders has added pressure on the price, potentially leading Avalanche to target $27.

AVAX Price Outlook: Anticipating Further Downturn

- With Avalanche's price currently at $37, it is poised to retest the support level at $33, which held firm during the recent correction. However, if this support level is breached, coupled with prevailing bearish market signals, AVAX could experience a drop to $29.

The Average Directional Index (#ADX ) also suggests a bearish outlook for the altcoin. An ADX reading above the 25.0 threshold typically indicates that the prevailing trend, in this case, a downtrend for AVAX, is gaining strength. Consequently, further decline could see Avalanche's price reaching as low as $27.

Source - beincrypto.com

#CryptoNews🔒📰🚫 #cryptocurrency #BinanceSquareTalks

⏰ 10 hours left till the BitcoinHalving!🔥
Get ready for a historic event that could send $BTC soaring!🚀
Are you positioned for liftoff👀
#cryptocurrency #Bitcoin #bitcoinhalving #BTC

🔥🔥🔥 #Ethereum Price Holds Strong At $3K But Can Bulls Clear This Hurdle?

Ethereum's price is currently consolidating around the $3,000 mark, with potential for a recovery if it surpasses key resistance levels at $3,100 and $3,200.

Despite attempts, Ethereum struggles to breach the $3,100 resistance zone and remains below $3,120 and the 100-hourly Simple Moving Average. A significant bearish trend line is forming with resistance at $3,035 on the hourly chart of ETH/USD, indicating potential downward movement if it fails to overcome the $3,100 barrier.

Recent Developments:

- Following its failure to surpass the $3,200 resistance, Ethereum faced bearish pressure, mirroring Bitcoin's movements. The price dipped below $3,000 but found support near the 50% Fib retracement level of the recent upward wave from $2,535 to $3,279.

- Currently, Ethereum trades below $3,120 and the 100-hourly Simple Moving Average, with immediate resistance at $3,030. The bearish trend line at $3,035 presents a significant hurdle. Further resistance lies at $3,100 and the 100-hourly SMA, followed by $3,200 and potentially $3,280. A breakthrough above $3,280 could propel Ethereum toward the $3,500 and $3,650 resistance levels.

Potential Downside:

- Failure to surpass $3,100 resistance might trigger another decline, with initial support at $3,000. Major support zones are near $2,900 and $2,820, along with the 61.8% Fib retracement level of the recent uptrend. Further downward movement could lead Ethereum toward $2,600 or even $2,550 in the near term.
Technical Indicators:

The hourly MACD for ETH/USD shows increasing bearish momentum, while the hourly RSI is below the 50 level, indicating bearish sentiment.

Key Levels:

- Support: $2,900, $2,820

- Resistance: $3,100, $3,200

Source - newsbtc.com

#CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency $ETH

🔥🔥🔥 The $86,500 #bitcoin Question: Will The #halving Spark A Price Surge This April?

The #cryptocurrency market has seen a downturn, with Bitcoin hitting a low of $61,600. However, experts anticipate a rebound as the Halving event nears.

According to Adrian Zduńczyk, bullish signals include the 200-week and 50-week moving averages, standing at $33,700 and $39,900 respectively. The Net Unrealized Profit/Loss (NUPL) ratio is favorable at 0.55, and Bitcoin maintains a strong correlation of 0.71 with the S&P 500.

BTC is navigating a volatile range between $59,000 and $74,000, with medium-term momentum declining and increased volatility indicated by the 50-day Average True Range reaching $3270.

Market sentiment is greedy, with a Fear & Greed Index reading of 65. Miners remain profitable above $41,800, anticipating a surge post-Halving.

Historically, Halving events have triggered significant price rallies, with Bitcoin never returning to Halving prices afterward. April's opening price suggests a positive outlook, with an end-of-month target of $86,500 according to Zduńczyk.

Despite the positive outlook, Bitcoin currently trades at $62,600, experiencing a 9% drop from its mid-March all-time high of $73,700. Resistance at $70,000 has proven challenging, but the synergy between the ETF market's success and the Halving event could drive Bitcoin's price higher.

Source - newsbtc.com

#BitcoinTrends" #BinanceSquareBTC

$LINK Price Eyes Recovery If It’s Able to Hold One Crucial Level

Chainlink (LINK) recently revisited the $12.00 support area and shows potential for a rebound above $13.50 and $15.00 resistance levels.

Despite efforts, Chainlink's price remains bearish below the crucial $15.00 resistance against the US dollar, trading below $14.20 and the 100 simple moving average (4 hours).

On the 4-hour chart of the LINK/USD pair from Kraken, a significant bearish trend line is forming near $13.50. A breakthrough above $15.00 resistance could trigger a notable upward movement.

Recent Performance:

- Chainlink witnessed a decline from levels above $18.00, dipping below $15.00 and entering a short-term bearish phase, similar to Bitcoin and Ethereum.

- The price tested the critical $12.00 support, forming a low at $11.92 before attempting a recovery. It climbed above $12.50, surpassing the 23.6% Fibonacci retracement level of the downtrend from $18.66 to $11.92.

- However, LINK continues to trade below $14.20 and the 100 simple moving average (4 hours). Immediate resistance is near $13.50, strengthened by a bearish trend line on the 4-hour chart.

Potential Upside:

- A breakout above $13.50 resistance may lead to an uptick towards $15.00, followed by $16.00 or the 61.8% Fibonacci retracement level from $18.66 to $11.92. Further gains could test $18.00, potentially reaching $20.00.

Possible Downside:

- Failure to breach $13.50 resistance could prompt selling pressure, finding support near $12.80 and $12.00. A breach below $12.00 might lead to further downside, testing $10.80, with $10.00 serving as significant support.

Technical Indicators:

- The 4-hour MACD for LINK/USD shows increasing momentum within the bearish territory. The 4-hour RSI is below 50, indicating bearish sentiment.

Key Levels:

- Support: $12.80, $12.00

- Resistance: $13.50, $14.00

Source - newsbtc.com

#CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency

👉👉👉 Is the #bitcoin , Crypto Bull Market Over? Analysts Weigh In

Bitcoin ($BTC ) has seen a 19% decline from its all-time high (ATH) on March 14, 2024, sparking debates about the sustainability of the current bull market.

However, many analysts view this pullback as a healthy consolidation phase rather than the end of the bull run.

Market Sentiment Shifts:

- According to Santiment, there's been a shift in market sentiment, with mentions of the "bull market/cycle" increasing since late March. #FOMO sentiment has decreased, while FUD sentiment has risen.

- Santiment suggests that prices often move counter to prevailing sentiment, leaving potential for a recovery before or after the upcoming Bitcoin halving.

- Bitcoin's price stands at $61,988 currently, contrasting with the typical narrative around Bitcoin halvings, historically associated with price surges. The upcoming halving, around April 20, 2024, might deviate from this pattern due to the recent approval of US spot Bitcoin ETFs.

Healthy Correction:

- Analysts, like CryptoCon, see the current correction as healthy market movement. The 20-week EMA at $55,600 is seen as a key support level for Bitcoin.

- PlanB maintains a bullish outlook, predicting a BTC top above $300,000 in 2025. Hannah Phung, Lead Data Analyst at Spot On Chain, notes that price increases typically follow halving events after 6 to 12 months.

Historical Data:

- Bitcoin's historical data supports this, with significant price surges following previous halvings in 2012, 2016, and 2020.

Miner Concerns:

- Despite positive long-term outlooks, miners face challenges due to reduced block rewards from the halving. CoinShares' study suggests that miners with substantial BTC holdings and better capitalization fare better in bullish markets.

In summary, the recent correction, upcoming halving, and ETF approval create a complex environment for Bitcoin predictions. Yet, most experts maintain a strong long-term bullish sentiment toward Bitcoin.

Source - beincrypto.com

#CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency

🐳🐳🐳 #cryptocurrency #Whales Have Over $1.2 Billion They Can’t Access

New data from #Blockchain intelligence firm Arkham Intelligence reveals that some of the world's largest cryptocurrency whales are currently locked out of approximately $1.24 billion worth of digital assets. The data highlights the holdings of these whales, shedding light on their substantial cryptocurrency wealth.

At the top of the list is TRON founder Justin Sun, who holds a staggering $1.1 billion in cryptocurrency. Other notable figures include Ethereum co-founder Vitalik Buterin and Rain Lõhmus, founder of LHV Bank.

However, a significant portion of these holdings, totaling $1.24 billion, is currently inaccessible. Rain Lõhmus, holding an estimated $793 million in cryptocurrency, reportedly cannot locate his private keys, rendering his stash entirely inaccessible. Lõhmus, who accumulated 250,000 ETH during its initial coin offering (ICO) in 2014, has expressed willingness to seek expert assistance in recovering his lost crypto wealth, offering a reward to anyone who can help.

Similarly, Stefan Thomas, Ripple's former CTO, is unable to access his holdings of 7,002 BTC, acquired in 2011 as payment for creating educational content about cryptocurrency. Thomas lost access to the funds after forgetting the password to an IronKey hard drive containing the private keys. Despite offers from cryptocurrency security firms to assist in breaking into the hard drive, Thomas has yet to regain access to his wealth.

These cases underscore the challenges and risks associated with managing cryptocurrency wealth, highlighting the importance of safeguarding private keys and passwords.

Source - cryptoglobe.com

#CryptoNews🔒📰🚫 #BinanceSquareTalks

👉👉👉 #traders eyeing long positions could have their rally soon as funding rates flip negative

During a #BEARISH📉 market like the one currently at play, the funding rate shifting negative leads to short traders paying long traders. On the other hand, when the market sentiment is bullish, the funding rate becomes positive and long traders pay short traders.

Funding rates can reflect market sentiment and liquidity. A positive funding rate, where long position holders pay shorts suggests that traders are willing to pay a premium to bet on rising prices, which indicates bullish sentiment. A negative funding rate could mean bearish sentiment with shorts paying longs, suggesting that traders expect prices to fall.

If the bearish sentiment prevails, Bitcoin price could continue to fall, which would justify the negative funding rate. An overly negative funding rate for a prolonged duration, however, could cause a change in sentiment, causing a possible twist in the BTC price action to turn bullish.

The shorts could get squeezed, compelled to buy Bitcoin at a higher price in efforts to cover their losses as the $BTC price rises unexpectedly. This unexpected surge in buying pressure can lead to even more price increases. The result would be a snowball effect where more short sellers rush to cover their positions. This can result in rapid and significant price spikes in the #cryptocurrency market.

Source - fxstreet.com

#BinanceSquareTalks #CryptoTrends2024

🔥🔥🔥 #Ethereum (ETH) Secures $3,000, Cardano's ($ADA ) Dramatic Drop Irrelevant, Will #shibaInu ($SHIB ) Recover After 30% Plunge?

#cardano plunged over 20% to $0.4 but shows signs of recovery near the 200 EMA. Despite volatility, ADA surged past $0.48, attracting renewed interest. However, its longer-term bearish trend persists due to minimal trading volume. Failure at $0.4 could lead to further declines, but sustained market recovery could fuel a rally.

Shiba Inu faced a sharp 30% decline to $0.00002165, casting doubt on its recovery. Trading below the 50-day moving average, SHIB's bearish trend is exacerbated by subdued activity. A bounce from $0.00002880 may signal support, but its future remains uncertain without fundamental developments.

Ethereum reclaimed $3,000 with strong support at $2,700, indicating upward momentum. Increased trading volume supports the upward trend, with resistance at $3,600. Cautious investment is advised amidst market volatility.

Source - u.today

#cryptocurrency #BinanceSquareTalks

#Avalanche ($AVAX ) Analysis: This Death Cross Could Extend the Correction

Avalanche (AVAX) is one of the few altcoins currently signaling a potential further decline rather than a recovery.
Compounding the challenge for the altcoin is the lack of optimism among AVAX investors regarding a price rally.

Is Avalanche Destined for Correction?

- As of the latest update, Avalanche's price hovers below $40, following recent corrections and a minor uptick over the past few days. While there are hopes for a resurgence in the market, such sentiments are not mirrored in AVAX.

Investors' skepticism arises from Avalanche's first Death Cross in nearly a year. This bearish signal occurs when the short-term 50-day EMA crosses below the long-term 200-day EMA, indicating a potential downtrend. This lack of optimism among investors compounds the bearish sentiment.

The weighted sentiment, which has been on a downward trajectory for the past month, hit a two-month low due to the sudden price decline. The absence of bullishness among AVAX holders has added pressure on the price, potentially leading Avalanche to target $27.

AVAX Price Outlook: Anticipating Further Downturn

- With Avalanche's price currently at $37, it is poised to retest the support level at $33, which held firm during the recent correction. However, if this support level is breached, coupled with prevailing bearish market signals, AVAX could experience a drop to $29.

The Average Directional Index (#ADX ) also suggests a bearish outlook for the altcoin. An ADX reading above the 25.0 threshold typically indicates that the prevailing trend, in this case, a downtrend for AVAX, is gaining strength. Consequently, further decline could see Avalanche's price reaching as low as $27.

The ADX signals a bearish trend for AVAX, possibly dropping to $27. However, a bullish market could reverse this, pushing AVAX higher if it breaks $44 resistance.

Source - beincrypto.com

#CryptoNews🔒📰🚫 #cryptocurrency #BinanceSquareTalks

#Ether Prices in Downtrend as Bitcoin Challenges $64K

Ether (ETH) hovered slightly above $3,000 as Asia's trading session began, coinciding with the CoinDesk Indices Ethereum Trend Indicator turning bearish.

Bitcoin (BTC) traded just above $64,000 during the Asian session after struggling to break through this level.

Jun-young Heo, a Derivatives Trader at Presto in Singapore, noted that unexpected spikes in U.S. treasury yields, a stronger dollar, and tensions in the Middle East pushed crypto markets down.

In the derivatives market, funding rates on some exchanges turned negative, and three-month basis yields plunged to 10%, making short-term put options more expensive than call options for $BTC and ETH.

Over the past 12 hours, liquidations were almost evenly split between bullish and bearish futures positions, with $31.1 million in long positions liquidated and $36.49 million in short positions facing losses.

Justin d'Anethan, head of business development at Keyrock in Hong Kong, observed that investors struggled to breach all-time highs but hesitated to adopt a fully bearish stance.
The CoinDesk 20, tracking the largest digital assets globally, traded flat at 2,174.

d'Anethan highlighted that periods of sideways price action could precede significant market movements, as leveraged traders take positions and experience volatile liquidation events.

Heo added that reversing bullish sentiment might require time or new catalysts beyond known events.

Source - coindesk.com

#CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency

$XRP Price Recovery Could Soon Fade, These Are Key Levels To Watch

XRP faces challenges surpassing the $0.5140 resistance, with a recovery dependent on maintaining support above $0.4550.

Recovery Efforts:

- XRP aims for a rebound above $0.450 but remains below $0.550 and the 100 simple moving average. A bearish trend line poses resistance at $0.5440, with a breach of $0.4550 support potentially leading to further downside.

Recent Trends:

- After hitting resistance at $0.6420, XRP dipped below $0.500 before testing $0.3880 and initiating a recovery. It surpassed $0.40 and $0.450, breaching the 23.6% #Fibonacci retracement level.

Potential Upside:

- Surmounting $0.5140 and the 50% Fibonacci retracement level at $0.540 could signal a resurgence. However, a crucial bearish trend line at $0.5440 presents a significant challenge. Breaking above $0.540 may drive XRP toward $0.600 and potentially $0.6240, with further momentum targeting $0.700.

Potential Downturn:

- Failure to surpass $0.5440 could lead to further declines. Initial support is at $0.480, with a critical level at $0.4550. A breach below $0.4550 may accelerate declines towards $0.420.

Technical Indicators:

The 4-hour MACD indicates waning bearish momentum, while the RSI below 50 suggests prevailing bearish sentiment.

Support and Resistance Levels:

- Support: $0.480, $0.4550, $0.420

- Resistance: $0.5140, $0.5440, $0.600

Source - newsbtc.com

#CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency

👉👉👉 #sushi deletes discussion of law firm amid long restructuring

The SushiSwap community recently voted on a proposal to transfer the majority of the treasury from the DAO to a 'Labs' entity. Sushigov.eth, representing the largest individual voter with 5.5 million SUSHIPOWER, supported the proposal, which passed by a margin of approximately 8 million votes.

Sushigov.eth received significant amounts of Sushi tokens from an address linked to *🍣👨‍🍳.eth, including approximately 1.9 million on April 4 and 1.78 million on April 3. These transfers are part of a broader effort by Sushi to restructure itself, a process initiated in 2022 with guidance from Fenwick & West law firm.

In 2023, Sushi announced a switch in legal advice from Fenwick & West to Gresham International. While some community members questioned the decision due to Gresham's lack of recognition, Jared Grey, Sushi's 'head chef,' defended the move, citing Gresham's experience with other projects in the space.

Gresham International's website lists accolades such as 'Top Speaker,' 'Crypto Lawyer of the Year,' and '#Blockchain Lawyer of the Year.' However, these awards are not widely covered outside the firm's website. Cal Evans, a managing associate at Gresham, stated that these awards were obtained through various industry events.

Protos asked Evans about Gresham's involvement in the movement of assets from the DAO to the Labs entity, but he declined to comment, citing client privacy. Gresham's Gitbook mentions previous collaborations with projects like Aubit, which encountered issues including criminal activities. However, Gresham distances itself from any legal disputes involving its clients.

Currently, the implementation vote to transfer assets to the Labs entity has overwhelmingly positive support, with approximately 99% 'Yay' votes, including from sushigov.eth.

Source - protos.com

#CryptoNews🔒📰🚫 #cryptocurrency #BinanceSquareTalks

👉👉👉 #CryptoMarket Selloff: $330M Liquidated As Bitcoin Price Fell Under $62K, Here's Why

The #cryptocurrency market experienced a sudden and widespread sell-off during the early hours of the US trading session, resulting in over $30 million liquidated within just one hour. Bitcoin's price took a hit, dropping from $63,340 to a low of $61,600, marking a 6% intraday decline.

Ethereum also faced downward pressure, briefly dipping below the $3,000 mark due to a flurry of liquidation orders triggered by negative sentiment ahead of the Bitcoin halving. Several other top altcoins, including BNB, SOL, XRP, DOGE, TON, ADA, and SHIB, witnessed price falls of 2-3% within the same hour.

Notably, #Solana⁩ and #Toncoin prices experienced more significant declines, plummeting by 14% and 15%, respectively, over the past 24 hours.

Factors Behind Bitcoin's Sudden Decline

- The correction in Bitcoin's price ahead of the halving, combined with broader macroeconomic and geopolitical concerns, contributed to the downward pressure on BTC. Additionally, the absence of significant buying activity from institutional investors and large-scale traders exacerbated the sell-off.

Data from Coinglass indicates that over $330 million worth of liquidations occurred across the crypto market during this sharp correction. Long positions accounted for $260 million of these liquidations, while short positions saw nearly $70 million being liquidated on Tuesday alone.

More than 109,000 traders were affected by liquidations, with the largest single liquidation order occurring on the OKX crypto exchange, where someone swapped ETH to USD valued at $5.97 million.

Technical indicators, such as the Bollinger Bands and Ichimoku Cloud, suggest a bearish outlook for BTC. The Bollinger Bands indicate a downward trend, with the price failing to break above the 20-simple moving average, while the Ichimoku Cloud shows the price continuing to move below support levels, accompanied by increasing selling pressure as the trend reverses and the cloud widens.

Source - coingape.com

#BinanceSquareBTC $BTC