TRU analysis:
Price is trading in the falling wedge on the daily timeframe. The support is $0.0266-$0.0285 area and a break below this is extremely bearish. The local resistance is the $0.0325 area and the major resistance is the $0.0355-$0.0365 area. Wait for a test if the support line breaks above the resistance area.
Educational Post
What is a Bitcoin Futures ETF?
A Bitcoin Futures ETF is a type of Exchange Traded Fund that doesn't hold Bitcoin directly. Instead, it invests in Bitcoin futures contracts, which are agreements to buy or sell Bitcoin at a predetermined price on a set future date. This allows investors to speculate on the future price movements of Bitcoin without owning the cryptocurrency itself.
Let’s imagine a Bitcoin Futures ETF called “BitFutures”, whose primary objective is to track the future price of Bitcoin by buying Bitcoin futures contracts. A financial institution establishes and manages the BitFutures ETF. Say BitFutures plans to buy 1,000 Bitcoin futures contracts that each represent the right to buy one Bitcoin at $55,000 three months from now.
In order to raise the capital to buy these contracts, "BitFutures" issues 10 million shares that represent a claim on the profits (or losses) that these futures contracts might generate. That means each share represents a claim of 0.0001 portion of each futures contract.
Investors can then buy shares of BitFutures on regular stock exchanges, just like they would buy shares of any company. If the market believes Bitcoin will be worth much more than $55,000 in three months, the shares might trade at a premium. Conversely, if the market is pessimistic, the shares might trade at a discount.
Let’s say BitFutures is trading at $10 per share. An investor who believes that Bitcoin prices will rise over the next three months buys 1,000 shares for $10,000. In three months, if the futures contracts are profitable, the value of BitFutures shares would likely increase. If the investor's belief was correct and the price of each share rises to $12, their investment would now be worth $12,000, netting a $2,000 profit.
In essence, when you buy shares of a Bitcoin Futures ETF like BitFutures, you're indirectly betting on the future price of Bitcoin without holding the cryptocurrency or the futures contracts directly. Instead, you're buying a piece of a fund that owns these contracts. Note that Ethereum Futures ETFs work in similar ways.
Massive 66.7 Million XRP Transfer From Binance To Unknown Wallet, Is $1 Near?
https://coingape.com/massive-66-7-million-xrp-transfer-from-binance-to-unknown-wallet-is-1-near/?utm_source=Crypto+VIP&utm_medium=telegram
CLV/BTC lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. So now is the right time to build your position in it before breakout for massive profits😊
Targets: 137 - 155 - 176 - 201 satoshi
SL: 107 satoshi
Dear members,
Exactly 48 hours left for our biggest MEXC pump signal in history!! We expect the maximum number of participants in this pump, reaching millions of traders from every corner of the world. The whales we have on our team for this pump are the biggest we’ve ever had, We’ll be constantly pushing the price higher, not likely seeing many retracements. Buying and holding as soon as the signal is announced will be the most profitable strategy. Our goal in this pump is to guarantee all our members the biggest profits possible, aiming at a minimum of 5000%-7000!! Big reminder that we are doing the pump on MEXC.
Educational Post
What Is a Bitcoin Spot ETF?
A Bitcoin Spot ETF is a type of Exchange Traded Fund that directly holds Bitcoin as its underlying asset. This means that the performance of a Spot ETF is directly linked to the real-time value of the Bitcoins it holds. When investors buy shares of a Spot ETF, they are essentially buying a representation of actual Bitcoin, even though they do not hold the cryptocurrency personally.
For instance, imagine a Bitcoin Spot ETF named "BTC-one". If BTC-one claims to hold 10,000 Bitcoins and has issued 1 million shares, each share would theoretically represent 0.01 Bitcoin. This means that the performance of BTC-one is directly linked to the real-time value of the Bitcoins it holds.
ADA analysis:
Price is now trading near the major support area. ADA needs to hold above the $0.24 level and you can open long positions near the support with tight stop loss. The resistance is $0.272-$0.28 area and $0.30-$0.304 area.
ONE analysis:
Based on the analysis, the price of ONE has been in a long downtrend and has been rejected multiple times from the downtrend line. Currently, ONE is moving towards the support of the $0.0090-$0.0096 range. If it breaks below $0.0090, it will be considered bearish and will likely result in a heavy sell-off. On the other hand, the resistance is at the $0.0104-$0.0106 range.
Glassnode Data
The current bearish trend for Bitcoin has lasted for more than 500 days and has become the longest in the history of BTC.
Price is slowly going downwards and we may see a new range here before the next move. A break below $26,800 will bring us down back in the trading range and we see a possible test of the $25,000-$26,000 area. The resistance area remains the same.
Читать полностью…Hello everyone, 4 days left until our next free for all pump on MEXC. We can guarantee that this upcoming pump will have amazing results, we are expecting at least a minimum of 5000% and more on the initial spike and multiple waves to follow through. This pump will have alot of support from our team. As we get closer to the pump, more details will follow , stay tuned! Read pinned post 😊
Читать полностью…The TOTAL2 (altcoin marketcap) tested the resistance area and rejected it from there. This is not a good sign and the price needs to break above the resistance area to get some positive movement in altcoins. This is a crucial point for altcoins. Keep tight stop loss in all trades.
Читать полностью…After the sideways movement, Bitcoin pumped on the news. The price tested the resistance of the $28,000 area and was rejected from there. Many traders book profit near the resistance area. If the price is unable to go above the resistance area then we see again a dump toward the $25,000-$26,000 area.
Читать полностью…Exactly 24 hours left for the biggest MEXC Mega Pump we’ve ever seen, expect profits of no less than 5,000% and a volume never seen before, our big whales will be pushing price up for hours after our initial signal, getting the biggest volume from outside traders, and making sure all our members make huge profits again!
Make sure you have “USDT”in your “MEXC wallet”before pumping. Be ready at 4pm GMT tomorrow.
Price dropped to the support of $2.00-$2.05 area holding above this. You can open a small long position here with tight stop loss. The resistance level remains the same.
Читать полностью…Bitcoin is trading near the major support area and there is good buying pressure near this support level. We may see some accumulation here before the next move.
Читать полностью…TRB analysis:
Price was rejected from the resistance area and now again heading toward it. This is no trade zone for TRB and better to wait for a test of the support area or break above the resistance level.
CLV provides a one-stop, easy‑to‑use blockchain infrastructure and an Ethereum virtual machine (EVM) compatible framework for Substrate‑based applications.
Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. So now is the right time to build your position in it before breakout for massive profits😊
Targets: $0.03530 - 0.04035 - 0.04496 -0.04994
Binance BTC and ETH perpetual Futures volume is decreasing while OKX and Bybit is gaining volume over the months.
Читать полностью…Ripple Unlocks One Billion XRP, Why Is It Significant?
https://coingape.com/ripple-unlocks-one-billion-xrp-why-is-it-significant/?utm_source=Crypto+VIP&utm_medium=telegram
Bitcoin (BTC) has broken through the $26,800 level and has now returned to the trading range as previously predicted. The $25,000 area is a crucial level of support, and it is a significant point of interest for large investors. At the moment, it is advisable to take a long position in BTC with a tight stop loss.
Читать полностью…Educational Post
What Is a Bitcoin ETF?
An Exchange Traded Fund (ETF) is a type of investment fund that's traded on stock exchanges, much like stocks. These funds usually hold a variety of assets such as stocks, commodities, or cryptocurrencies and aim to track the performance of a specific index or asset.
Bitcoin ETFs have emerged as a crucial financial instrument in the evolving landscape of cryptocurrency investments. A Bitcoin ETF, or Exchange Traded Fund for Bitcoin, allows investors to gain exposure to the price movements of Bitcoin without actually owning or managing Bitcoin directly. This kind of exposure is preferred by some investors.
The Bitcoin ETF holds Bitcoin or contracts related to Bitcoin’s price, and it trades on traditional stock exchanges, much like shares of a company. As the cryptocurrency market matures, there's been a surge in interest, particularly towards two main types of Bitcoin ETFs: Bitcoin Spot ETFs and Bitcoin Futures ETFs. Each caters to different investment strategies and risk appetites.
We will share more about Bitcoin Spot ETFs and Bitcoin Futures ETFs soon. Pin our channel on top to never a signal, market update, educational post and share it with your friends and family.
DOT has once again rebounded from the major support area. If you have already accumulated some DOT, it is recommended to hold the position with a stop loss below the $4 level. The resistance is expected to be found at the $5.00-$5.20 area and we may see a test of this level in the coming days. You may consider adding more DOT to your portfolio if the price drops to the support area.
Читать полностью…MC analysis:
Price broke the downtrend channel on the daily chart. The resistance on the daily chart is $0.37 area. The support is $0.28-$0.30 and you can open long positions in this area with tight stop loss.
As expected price bounced from the support level. The long positions give a peak profit of more than 36% from our entry. Increase your stop loss and hold the position. The major resistance is the $1.60-$1.70 area.
Читать полностью…Notice of Removal of Trading Pairs - 2023-09-01
https://www.binance.com/en/support/announcement/65d22ef74f2f4fb8a71921fe5353781b
BOND analysis:
Price tested the downtrend line and was unable to go above it. The local resistance is the $2.30 level and the major resistance is the $2.55-$2.70 area. Better to wait for a break above the major resistance area for new long positions. The support on the downside is $2.00-$2.05 area.