As long as Bitcoin doesn't go below $74508 I'm still bullish. If it does go below that price then it creates a lower low and the uptrend is broken. Still #HODLingStrong #dyor $BTC
#CryptoRegulation What is cryptocurrency regulation? Crypto regulations are the legal rules and guidelines that are present and issued by governments to shape how digital assets such as virtual currency operate. These laws have varied approaches across nations.
In the U.S., there are various states wherein some are friendly towards market participants embracing crypto with clear regulations, while others ban it outright.
Around 60 percent of U.S. citizens lack confidence in cryptocurrency trading or investment, considering the existing systems to be unreliable or unsafe. One primary reason for this distrust may be the absence of a single, consistent set of laws to regulate cryptocurrencies.
$BTC Coinbase (COIN) expects to pay $180 million to $400 million to customers for a data breach on its platform, which saw attackers gains access to users personal information.
The breach occurred on May 11, according to the firm. Attackers were able to access customers personal details, such as name, address, phone number, masked social security number, masked bank account numbers and other crucial details.
They accessed those details by essentially bribing Coinbase's overseas employees/contractors and subsequently demanding customer details to be sent. The exchange fired staff involved in the breach on the spot and referred to U.S. and international law enforcement. It will also press criminal charges.
#DiversifyYourAssets Are you a bullish crypto investor whose entire portfolio consists of just one or a few coins? If so, you might seriously consider adding a little diversification into your crypto mix.
If you’re not entirely familiar with the concept of diversification, it’s the old wisdom of “not putting all your eggs in one basket.” Diversification means spreading your risk around, so that if some crypto assets fall in value, others may either decline to a lesser degree, maintain their value, or possibly even rise in value. The point is to avoid putting all of your money (and risk) into just a few coins or tokens. This can help reduce volatility in your portfolio and, hopefully, avoid a major crash.
#RiskRewardRatio What Is the Risk/Reward Ratio? The risk/reward ratio—also known as the risk/return ratio—marks the prospective reward an investor can earn for every dollar they risk on an investment. Many investors use risk/reward ratios to compare the expected returns of an investment with the amount of risk they must undertake to earn these returns. A lower risk/return ratio is often preferable as it signals less risk for an equivalent potential gain.
Consider the following example: an investment with a risk-reward ratio of 1:7 suggests that an investor is willing to risk $1, for the prospect of earning $7. Alternatively, a risk/reward ratio of 1:3 signals that an investor should expect to invest $1, for the prospect of earning $3 on their investment.
Traders often use this approach to plan which trades to take, and the ratio is calculated by dividing the amount a trader stands to lose if the price of an asset moves in an unexpected direction (the risk) by the amount of profit the trader expects to have made when the position is closed (the reward).
Crypto analyst Titan of Crypto has raised the possibility of the Bitcoin price rallying to as high as $137,000. The analyst highlighted a bullish pattern that shows the flagship crypto can reach this ambitious price target.
Bitcoin Price Could Rally To $137,000 As Bullish Pennant Forms
In an X post, Titan of Crypto suggested that the Bitcoin price could reach $137,000 at some point. This came as he revealed that BTC has formed a bullish pennant on the daily chart. The analyst remarked that if this plays out, a new all-time high (ATH) could be reached, regardless of the current market sentiment.
You forgot to mention the part where you will have to trade a total volume of 1000$. And even then u will not get the 50usdc. You'll have to invite new users.