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EU officials suspect Binance is faking accounts in Ireland and Malta.
https://protos.com/scoop-eu-officials-suspect-binance-is-faking-accounts-in-ireland-and-malta/
📍#Education Post ✅
👉 Spotting Bullish Inverse Head & Shoulder Pattern:⬇️
🔺Analyze downtrend - lower highs, lower lows.
🔺Identify left shoulder - minor upward movement.
🔺Observe head - lower low, maximum bearish pressure.
🔺Spot right shoulder - higher than the head, lower than the left shoulder.
The most significant supply wall in front of Ethereum is in the $2,000 to $2,060 range, with 832,640 addresses buying over 26 million ETH.
If ETH can overcome this resistance, then we can expect a rise to $2330 or even $2750.
JUST IN: Bankrupt FTX says they have recovered $7 billion in liquid assets.
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BREAKING🔥
#ChatGpt recently added #DefiLlama to their plugins👀
Now you can get summaries of:
•TVL
•Volume
•Fees/revenue
•Stablecoin inflows
in seconds and detect potential Gems⚡️
📍#Bitcoin Update (Continue)
🔺Bitcoin demonstrated impressive momentum, breaking through the $31,200 resistance level.
🔺The upcoming weekly candle closing tomorrow holds potential for a positive outcome.
🔺Expectations are for the closing candle to be green.
🔺The next resistance level lies in the vicinity of $32,000.
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#Bitcoin ETF filings in the past two weeks indicate a surge of institutional interest!
🚀 Blackrock: $10T
🔥 Fidelity: $4.5T
💼 Invesco: $1.49T
🌿 Wisdom Tree: $87B
⚔️ Valkyrie: $1B
📈 Institutional FOMO is taking hold!
📍#Bitcoin Update (Continue)
🔺Bitcoin price experiences rapid rally following BlackRock news.
🔺BTC breaks resistance at 31,200 and reaches high of $31,500.
🔺Next crucial resistance lies at around $32,400.
🔺A breakthrough above this level may propel the price to $33,000.
🔺Bullish momentum expected to strengthen further.
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🔝Bitcoin Dominance Surpasses 50% ( Why? )
🔺 Bitcoin's #Dominance has exceeded 50%, marking a significant milestone in the #Cryptocurrency market.
🔺 Factors behind this surge in dominance include #BlackRock Bitcoin ETF filing and the #SEC increased regulation of altcoins.
🔺 #BlackrockETF filing has attracted institutional investment and sparked retail demand for #Bitcoin
🔺 The SEC's intensified regulation of altcoins has raised uncertainty, leading some investors to shift to Bitcoin for stability and reputation.
🇺🇸 JUST IN: The SEC has allowed for the launch of the first leveraged #Bitcoin futures ETF in the United States!
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🔺Stablecoins are like a backup fund used to buy Bitcoin.
🔺When more stablecoins are in circulation, people expect Bitcoin's price to go up.
🔺In the past year, stablecoin circulation and Bitcoin's price have been closely linked.
🔺When stablecoin circulation decreased in March '22, Bitcoin's price also dropped.
🔺Now, as stablecoin circulation is set to increase, we can anticipate a rise in Bitcoin's price soon.
🚫More than 100,000 accounts leaked from ChatGPT
Now they are selling in Darknet😳
📍#Bitcoin Update (Continue)
🔺Bitcoin price surges above $29,500 resistance, breaking $30,000 level.
🔺Correction observed as price retreats from $30,794 high.
🔺Stability above $29,500 may initiate a new upward trend.
🔺Next Important resistance is near $30,800. A break above this level could send the price $31,200 resistance level.
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JUST IN: 🇺🇸 SEC fines JPMorgan after 47 million banking records were "accidentally" deleted.
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📍#Bitcoin Update (Continue)
🔺Bitcoin exhibits a descending channel, indicating a bullish pattern.
🔺A breakout from this pattern is anticipated if Bitcoin adheres to it.
🔺The immediate resistance level lies around $31,200.
🔺Sustaining a position above this level is crucial for Bitcoin's bullish movement.
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🇩🇪 JUST IN: Germany is signaling that their Central Bank may need a bailout to cover losses arising from the European Central Bank’s bond-buying scheme.
Looks like the check is coming due for the 2.7 TRILLION Euros worth of bonds the ECB has purchased since 2015.
Get ready for more money printing! 💸
📍#Bitcoin Update (Continue)
🔺Bitcoin breakout the falling wedge pattern
🔺Bitcoin's weekly candle closed positively, in line with our expectations.
🔺The price of Bitcoin is currently maintaining a position above $30,000.
🔺Sustaining its position above this level indicates the potential for further upward movement.
🔺If Bitcoin remains above $30,000, we anticipate a new price range between $28,000 and $32,000.
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#Bitcoin Real Value math:-
👉 1.59M #bitcoin left to be mined
👉 2.9M #bitcoin is liquid
👉 1.59M + 2.9M = 4.49M $BTC
👉 The rest is held by psychopaths
👉 $900T in global assets
👉 50 % of this is store of value
$450T / 4.49M BTC = $100M per #BTC
📁 Foreign exchange reserves:
China 🇨🇳 - $3.4 Trillion
Japan 🇯🇵 - $1.25 Trillion
Switzerland 🇨🇭 - $912 Billion
India 🇮🇳 - $596 Billion
Russia 🇷🇺 - $587 Billion
Taiwan 🇹🇼 - $561 Billion
Hong Kong 🇭🇰 - $430 Billion
South Korea 🇰🇷 - $423 Billion
Saudi Arabia 🇸🇦 - $404 Billion
Brazil 🇧🇷 - $341 Billion
Singapore 🇸🇬 - $289 Billion
Germany 🇩🇪 - $277 Billion
USA 🇺🇲 - $242 Billion
France 🇫🇷 - $238 Billion
Thailand 🇹🇭 - $225 Billion
🇺🇸 JEROME POWELL IS SPEAKING 2 MORE TIMES NEXT WEEK
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💥BREAKING: Leaked FDIC document obtained by Bloomberg shows that USDC stablecoin issuer Circle had $3.3 BILLION deposited at Silicon Valley Bank when it collapsed.
The US government used taxpayer money to backstop these deposits.
🥇 #BTC/USD on Weekly timeframe👀
Currently we have similar formation with SMA 20, doesn't it?🧐
Looking for a pump in mid-term📈
JUST IN: 🇺🇸 Presidential candidate Robert F. Kennedy Jr. says he will ensure "we have policies that support Bitcoin and the freedom to transact."
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💰 Binance v. 🤡SEC
Court: "I want to know, are BAM assets going offshore? Is it happening or is it not? It's stunning to me that I've now asked this question to each of the SEC attorneys 5 times."
SEC: "So currently the assets are not going offshore... We're not seeing any flows of money outside the US"
SEC is try to sue companies for things that hasn't happened yet😅