What after the consecutive market declines? Altcoins ... how and why and where and when ??
Altcoins are not outperforming Bitcoin, according to today's reading of the Altcoin Season Index from CoinMarketCap which stood at 26/100 (Bitcoin Season).
Bitcoin dominance 59.25% (+0.49 points in 24 hours) and the Altcoin Season Index 26/100 (Bitcoin Season) – capital is flowing towards Bitcoin, not towards altcoins. A major economic shock due to the nomination of the Federal Reserve Chairman → The nomination of Kevin Warsh strengthened the US dollar, causing a historic collapse in precious metal prices and dragging the cryptocurrency market down; with Bitcoin and major altcoins declining together.
The cryptocurrency market decreased by 0.73% to reach $2.79 trillion in 24 hours, mainly due to the nomination of a hawkish Federal Reserve governor that led to a broad rise in the value of the US dollar. This resulted in a historic sell-off in associated assets like gold and silver, as capital shifted away from risk-sensitive digital assets.
Get AI-backed insights on cryptocurrencies about "What is SYN?" in the Binance app: https://app.generallink.top/uni-qr/token-ai-report?token=SYN&symbol=SYNUSDT&product=spot&reportAt=1769796000000"eToken=USDT&utm_term=SYN&ref=1122532860&utm_source=Brm8cLnPPfw7BoYTCqg55k&utm_medium=spot_insight®isterChannel=trading_insight
SYN has seen a significant price increase of over 45% in the past few hours, driven by strong buying momentum. Let's dive into the details: 1. Price Increase: SYN has recently experienced a price increase of more than 45%, supported by massive trading volume. 2. Technical Signals: The bullish indicators confirm the momentum, but the overbought RSI suggests a potential correction.
Did anyone see the Manchester City players in the Premier League ... This is how Bitcoin will rise rapidly and astonishingly within 3\4 days. I believe it will break the barrier of 125 thousand dollars .... No one is selling, it's the most amazing buying opportunity 😉
A red wave sweeps through the crypto market! 📉🔴 Bitcoin has dropped to levels below $90,000, while Ethereum and altcoins have suffered sharp losses exceeding 7%. This collective decline comes as a result of a "risk-off" wave coinciding with the collapse of U.S. stocks and rising bond yields, prompting investors to flee from high-volatility assets.
Kuwait Finance House signed an agreement with the Binance Bahrain platform to add cryptocurrency as a service (CaaS) within the bank's mobile application. With this step, the bank has become the first bank in the Gulf Cooperation Council countries to allow customers to manage, buy, and sell cryptocurrencies directly from its app, without the need for an external account on other trading platforms.
The APIs will enable customers to view their cryptocurrency holdings, execute transactions, and manage cryptocurrencies alongside traditional banking and investment services.
A dashboard will also be available within the app to facilitate the buying, selling, and storing of crypto assets in an easy and secure manner. This step aims to facilitate customer access to cryptocurrencies within a regulated banking environment, with a seamless and integrated user experience for all bank services. ❤❤❤❤❤❤❤
A shocking incident shook the crypto world today where one victim lost over 282 million dollars in Bitcoin and Litecoin due to a social engineering scam targeting a hardware wallet. The attacker converted part of the amounts into $XMR, causing its price to rise suddenly, and used the Thorchain network to swap 818 Bitcoin for Ethereum, Ripple, and Litecoin to distribute the balances. Caution and awareness are the first line of defense to protect your digital assets from these devious methods. I urge everyone to exercise extreme caution and not share any private wallet data for any reason because scammers are developing their methods daily in an incredible way. #elaouzi #CryptoNews #xmr
Walrus (WAL): The cornerstone of decentralized storage architecture for the age of artificial intelligence
Introduction: Why do we need Walrus in the modern data world?
In an era where data is exploding and major tech companies control its storage and management, the Walrus protocol emerges as a revolutionary solution for decentralized storage. Walrus is not just another digital currency; it is a comprehensive infrastructure protocol designed to address the challenges of traditional storage in the web 3 environment. Walrus was built by Mysten Labs, the same team of former Meta engineers who worked on Facebook's Diem blockchain project, giving the project high technical credibility.
#walrus $WAL Walrus is an advanced decentralized storage protocol that provides a powerful and cost-effective solution for storing large and unstructured data. It was built by Mysten Labs (a team of former Meta engineers) and uses technology to split data into small parts distributed across a global network, with the ability to withstand the failure of one-third of the malicious nodes. @Walrus 🦭/acc #walrus