Patoanalyst

Solana Meme Coins Rising But Is
This Deployer Dumping
Degens?

Crypto prices are printing higher.Bitcoin, for
example broke above $\$ 66,000$ before cooling
off earlier today. Like the world's most valuable
coin , Solana and its meme coins are trending
higher.According to Coingecko , SOL trades
above $\$ 150$ , adding nearly $7\% $ in the previous
trading week.
Meme Coins Soaring But PEL F Deployer
Dumping
The lift-off in Solana has seen some of its
ecosystem tokens massively benefit . Among
the many , Solana -based meme coins continue
to rip higher.According to Coingecko , three
Solana meme coins , including Popcat and
DogWifHat , now command a market cap above
$\$ 1$ billion

While investors are closely tracking the
perform ance of Popcat,the first cat-themed
meme coin to break above the $\$ 1$ billion level
some whales are fading the current bull run
One analyst , citing N ansen data , observes
that the deployer of the P ELF, a meme coin on
Solana, is offloading.
Initially , the deployer received 247 million PELF
for 82 SO L worth $\$ 12,516$ . Later, the addresses
received another 39 .13 million ccording
to on -chain data , the address has sold 3.2
million P ELF for 662 S OI

Early Bitcoin-era whale moves
$\$ 630K$ to Kraken, $\$ 5.5M$ in 2
months.

A large Bitcoin holder who mined the
cryptocurrency just five days after the genesis
block was created in 2009 - - and hadn't
touched it until recently - l - has transferred
another $\$ 630,000$ to crypto exchange Kraken
The "ancient Bitcoin whale has now moved
$\$ 5.47$ million worth of Bitcoin (BTCUSD ) to
Kraken in the past two months , blockchain data
firm Arkham Intelligence said in an Oct. 14 X
post.
It added that despite the recent moves, the
whale wallet still holds $\$ 75.23$ million worth of
BTC

After the transfer,, the wallet's remaining 1,12
Bitcoin was moved to a new wallet address
Bitcoin addresses from the blockchain's infancy
rarely move funds, but the owners could be
looking to cash out their hauls with
It follows a different early Bitcoin whale
transferring 10 Bitcoin , worth $\$ 610,000$ , to
Kraken on Oct. 3 - which Arkham said had
been dormant for at least a decade
ln September , the firm tracked yet another
whale who mined Bitcoin two months after
the blockchain went live and woke up after r 15
years to move $\$ 16$ million to Kraken
Bitcoin has been on the rise over the last week
gaining $7.45\% $ and climbing to over $\$ 67,000$
a likely reason why the whale is seemingly
moving to sell a part of their stash
In the last year,, Bitcoin has seen major swings
dropping as low as $\$ 28,000$ but also hitting a
new all-time high of $\$ 73,000$ in March.

The market sentimen t-tracking Crypto Fe ar
& Greed Index h as also seen some pos itive
momentuim, with the latest Oct . 16 update
scoring 73 out of a total of 100, well within the
"Greed'' territory,which it has held for the last
two days
The last time the index recorded a score above
73 was on July 29, when Bitcoin was around
$\$ 66,000$

"Tesla Transfers Entire $760M Bitcoin Holdings, Sparking Sell-Off Speculation

Elon Musk's Tesla has moved its entire stash of 11,500 BTC, valued at approximately $760 million, according to blockchain analytics firm Arkham Intelligence. On October 15, 26 transactions were made to various wallet addresses.

This development marks the first significant activity in Tesla's Bitcoin holdings in two years. The company's wallet balance now stands at zero.

The sudden transfer has raised questions about Tesla's intentions, fueling speculation that Elon Musk may be preparing to sell his Bitcoin holdings
The wallet balance is now zero , according I to
Arkham's platform
JUST MOVED ANOTHER $\$ 260M$ BTC
TOTAL MOVED: $\$ 760M$ pic.twitter .com/
ukAcHW1E zo

What Is Tesla Up to?
There has been a lot of speculation , on crypto
social media and Bitcoin prices became very
volatile around 12 hours ago . Some suggested
that the firm was taking direct custody of
its BTC , while others were spreading FUD
about a potential liquidation . There was also
speculation that Tesla was preparing to accept
Bitcoin payments again . There were even
comical suggestions that Elon Musk was
rotating into Trump meme coins
Riot Platforms research vice president Pierre
Rochard said that Musk was going to use the
BTC as collateral to borrow . However , it was
quickly pointed out that the company was
cash-flush
l'm guessing @elonmusk is going to use the
BTC as collateral to borrow pic .twitter..com/
EKiqJBeY5T
Pierre Rochard (@BitcoinPierre ) October 16
2024
Analyst and trader 'Cold Blooded Shiller'
auipped:

If Tesla moving BTC is enough to force you out
of f position __ my brothers in Christ, this bull run
is not the one you're going to make it in.
Meanwhile , CryptoQuant CEO Ki Young Ju said
that it was still unclear whether it was internal
shuffling or selling before adding:
Tesla moved \#Bitcoin to other wallets
It's still unclear if it's internal shuffling or selling
Even if they sold , the impact would be slightly
more than half of the German govt's .

Shiba lnu Price Prediction#
for This Week✈✈ Follow for more update

SHIB'S uptrend remains intact which puts bulls
in charge of the price action
Key Support levels: $\$ 0.000014$
Key Resistance levels: $\$ 0.0000201$ . SHIB Eyes
the Key Resistance
Buyers have been slowly moving SHIB higher
and higher after the sharp pullback . in early
October.. They did not yet reach the key
resistance : at $\$ 0.000020$ . but this is their current

target . While the price was rejected there last
time . a second attempt could be interpreted as
bullish.22. Uptrend Holding Steady
The price has been making higher lows since
mid -September and formed a clear uptrend . As
long as this holds , buyers have the upper hand
Another push and the price can quickly reach
the key resistance ; at $\$ 0.000020$ next.3. Daily
RSI is Bullish

The daily timefram e RSI has been in a beautiful
uptrend since August. In late S eptember,when
it reached overbou ght levels at over 80 points
sellers pushed SHIB into a correctiv e move
Since then , the RSI has held steady above
50 points , putting it on the bullish side. This
supports higher price levels in the future.
For more updates on the ecosystem , make sure
to check out our Shibarium news.

TODAY
Ethereu(ETH) Makes Bigges t
Comeback in Q4 , Shiba Inu (SHIB)
to Enter New Bullish Market Phase
Solana ((SOL) Doubletop Pattern
Incoming?

1:01 AM Oct 16
Ethereum , which has seen a strong uptick in the
past day made one of the biggest returns on
the cryptocurre ncy market during Q4 . Following
weeks of sluggish recovery , Ethereum's price
has experienc ed a sharp increase , and it is
currently exhibiting the strongest revival since
the start of the quarter . After surpassing
several significant resistance levels , ETH is
currently trading at about $\$ 2,616$

This recent surge can be attributed in large
part to the notable increase in open interest
An increase in open interest indicates that
more investors ; and traders are joining the
market , which frequently results in increased
volatility and the possibility of additional price
increases .
Since more long and short positions are
being opened , an increase in open interest
usually signifies growing market confidence
Technically speaking , Ethereum has cleared
significant resistance : lines that have held the
asset down for months and recovered from
its most recent support levels around $\$ 2,400$
The price performance has also moved in the
direction of an upward trend
The break of the 50-day moving average , which
frequently marks the start of a more robust
bullish trend, has occurred . There is still more
resistance for Ethereum to overcome , though
especially in the $\$ 2,800$ price range , which meant be difficult to do without enough pressure

Whether Ethereum can maintain this

momentum over the next few days is the
question at hand . The recent spike in open
interest may indicate that traders are gearing
up for more significant market movements , but
it remains to be seen if this will result in another
significant push or if profit-taking will halt the
rally
Shiba Inu uptrend ahead?
Shiba Inu looks to be about to move into a new
bullish phase based on recent price activity that
points to a possible upward trend .

Follow for more content

SHIBA ANNOUNCE A NEW COLLABORATION TO
ELAVATE SHIB TO THE NEXT LEVEL

The Latest Partnership
The meme coin project shook hands with the
Al -powered platform Mass Finance , which aims to
simplify business setup and growth particularly
for startups , funds , and incubators . It offers legal
fiscal , and banking tools in one platform , including
automated incorporation and Al-related assistance
for financial and operational tasks , supporting both
Web?2 and Web?3 entities
The team behind Shiba Inu claimed Mass Finance
"is poised to be the Shiba State with Al -driven
legal and fiscal solutions , supported by Stripe and
others.
Together,we're elevating Shib to the next level,"it
concluded.

Previously,Mass Finance collaborated
with the payment giant Stripe to handle
money transmission services and account
management . The latter provides the necessary
infrastructure , while funds are held at Evolve
Bank &Trust,ensuring compliance with
financial regulations and secure transactions
for Mass users
This is not the only deal Shiba Inu has inked
in 2024. In September , itpartneredwith the
open -source cryptography company Zama to
enhance the capability of Shibarium (the meme
coin's layer-2 blockchain solution)
"A crucial component of this evolution is
Fully Homomorphic Encryption $(FHE)$ , a
groundbrea king technology that allows crypto
transactions to occur on the blockchain while
keeping sensitive data - such as financial
information and NFT identities - - completely

"Binance Coin (BNB) Price Prediction: Bullish Trend Emerges

The technical landscape for Binance Coin (BNB) looks promising, with key indicators signaling a potential upward trend.

Technical Analysis:

The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover, with the MACD line surpassing the signal line.The Chaikin Money Flow (CMF) remains in positive territory, indicating mild buying pressure.

Fundamental Analysis:

Whale activity suggests a bullish outlook, with investors holding stablecoins valued over $5 million and accumulating more supply.
BNB price has demonstrated a gradual recovery since mid-September, aligning with increased market participation.

Market Sentiment:
Analysts anticipate a significant breakout, potentially pushing BNB to $1000 in 2024.
Whale accumulation of stablecoins reinforces this bullish prediction.
Investors remain optimistic, closely monitoring key resistance levels.

Source: Santiment, TradingView

Originally published on CoinGape."

Changes made:
Added headings for clarity
Simplified sentence structures
Improved grammar and punctuation
Enhanced readability Changed "Divergence (MACD) indicator signals" to "Moving Average Convergence Divergence (MACD) indicator shows"
Changed "BNB Price Chart| Source: TradingView" to integrate the source within the text
Minor rewording for better flow

follow for more update

#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!

Will Bitcoin Hit $120,000, Shiba $1, PEPE $5 Before December?

Several analysts predict Bitcoin will soar to $120,000, with some bullish forecasts also expecting significant gains from other cryptocurrencies like Shiba ($1), Pepe ($5), and Solana ($1,000). However, a more conservative estimate comes from a recent report, which suggests Bitcoin (BTC) will reach a new record of $88,000 throughout the year before stabilizing at $77,000 by the end of 2024.

According to a study by UK fintech firm Finder, which surveyed 40 crypto industry experts, Bitcoin's current price of around $67,000 is poised for significant growth. The report provides insight into Bitcoin's expected performance up to 2030."