Crypto Akanksha

Bitcoin Price Eyes Bulls as Crypto Market Structure Bill Draft Finally Drops. 😻

Bitcoin price has shown signs of consolidation recently, hovering around the $105k, eyeing a potential bullish trend. Despite a 1.45% decline in the overall crypto market over the past 24 hours, Bitcoin remains in focus. This follows a 5.86% drop over the past month, though a price resurgence was seen just the day before. Investors are hopeful, especially with the release of the Crypto market structure bill draft, which could impact market direction.

Meanwhile, the interest in the crypto sector has the potential to be increased by the fact that the U.S. Senate has approved a funding bill that would prevent a government shutdown, which has increased optimism. On the other hand, the other cryptocurrencies, such as Ethereum $ETH Solana $SOL , Dogecoin, Shiba Inu, and Cardano, are largely trading in a sideways trend.

#USGovShutdownEnd? #StrategyBTCPurchase $BTC

Bitcoin is holding above $105,000 as crypto markets stabilize on easing macro risk and renewed institutional inflows.

Analysts see stabilization, not euphoria, as #BTC forms a mid-term base in the $100,000 to $108,000 range.

The largest cryptocurrency traded near $105,200, consolidating after Monday's continued rebound from the $100,000 level, which multiple analysts argue had formed a structural base from recent drawdowns. $ETH hovered around $3,550, while $SOL and $BNB posted modest declines.

Meanwhile, the total crypto market capitalization hovered around $3.6 trillion, as risk appetite returned following the potential U.S. government reopening and positive regulatory signals for the industry.

#Bitcoin held around $105,000 and ether near $3,550 as traders weighed whether the recent recovery has the strength to break higher or risks forming a lower high.

A drop below $98,000 would confirm a bearish shift for bitcoin, while a move above the Nov. 2 high of $111,000 could trigger a bullish reversal.

UNI jumped more than 20% after a token burn proposal but later cooled, while the newly introduced Canton Network (CC) token plunged 33% despite backing from major banks.

Dollar strength continues to pressure crypto, with the DXY index rising from 96.2 to 99.58 as the Federal Reserve remains unclear on future rate cuts.

#Bitcoin

According to Fortune, Lighter has raised $68 million in a funding round led by Founders Fund and Ribbit Capital, with participation from Haun Ventures and Robinhood, valuing the company at $1.5 billion.

Lighter is an #Ethereum-based Layer 2 decentralized exchange and blockchain platform that currently supports perpetual contracts and plans to launch spot trading soon.

$BTC hits a new all-time high of $94k, showcasing strong market momentum and now holding strong above $93k.

✨$100K IS CLOSER THAN EVER ✨

However, altcoins are facing a dip again as #Bitcoin dominance is rising.

This dip is a great opportunity to buy some coins at lower prices.
#BTC93KNewATH #BitcoinStrategy #90kCryptoZone

GM 🙌

#Solana based apps notched record fees and revenue activity in the last 24 hours amid an apparent return of memecoin mania.

Solana-based automatic market maker @Raydium notched a record $11.31 million in fees on Nov. 17, while the liquid staking protocol @Jito saw its third-highest day of fees at $9.87 million on the same day, per @DefiLlama

Meanwhile, the memecoin launchpad pump.fun saw its seventh-highest day of earnings, netting $1.65 million in fees.

A memecoin based on a squirrel called Peanut ( $PNUT ) rallied over 2,700% in the last fortnight to reach a peak value of $2.4 billion on Nov. 14, as Elon Musk shilled the token several times on X alongside the launch of the Department of Government Efficiency.

The record fees for several Solana protocols come amid a frenzy of speculation on memecoins and a major price move for the native Solana token.

Is $SOL new ATH incoming? 👀

#SOLWatch #SOLMarketMove

$XRP Jumps 17% Outperforms Rest of the Market as Rally Cools
#Bitcoin fell to $88,000 from a peak of $93,000 leading to $120 million in liquidations.

#XRP zoomed 17% in the past 24 hours to beat gains in Bitcoin $BTC and majors, as shifting U.S. regulatory climate supported growth in tokens previously hampered by the Securities and Exchange Commission’s (SEC) actions.

$XRP price surged over 20%, reaching $0.83, amid increased trading volume and bullish sentiment.

Ripple wins favorable court ruling as Judge grants judgment and stay on class claims, boosting optimism for XRP.

Are you HODLING XRP? 👀

#SEC #Xrp🔥🔥

Memecoin $PEPE hits $10B market cap and claimed its spot in the Top 15 Coins by market cap!

$PEPE ALSO FLIPS $SUI IN MARKET CAP.

#PEPE has outperformed Dogecoin #DOGE in weekly gains after major crypto exchanges announced plans to list the token as meme coins continue to swell on a Republican victory and a broader market rally.

The announcement of Pepe’s listings sparked immediate market reactions. In just a few hours, the token’s market cap briefly surged past $10 billion, while Dogecoin’s sits at $56 billion.

Memecoin supercycle is here! 🤩

#PEPEATH #MemecoinWars

$PNUT ~ Solana's Memecoin Frenzy 🚨

Solana memecoin PNUT surpasses $1 Billion market cap in less than 2 weeks after its creation!

PNUT price surged 200% after Elon Musk referenced Peanut the Squirrel in a recent X post, sparking a rally for the #Solana memecoin and gaining investors attention.

Is this the beginning of memecoin Supercycle? 👀

#mememcoinseason2024 #SolanaStrong

GM 🍂 #BinanceSquareFamily

Bullish UPtober is Here!

🟢 $BTC
🟢 $ETH
History repeats, and this time #Bitcoin❗ is ready for a massive Q4 surge!

🔸US Rate Cuts
🔸@CZ is Back
🔸US Election
🔸China Stimulus

All signs point to a historic UPtober and a bullish Q4 for crypto. LFG! 👀

GM 😎

Bitcoin Price Today-

🟢 $BTC price soared nearly 3% as of press time and is currently trading at $65,289.
🟢 This rising price action aligns with a staggering $365.57 million inflows in Bitcoin ETFs as of September 26.

Ethereum Price Today-

🟢 Simultaneously, $ETH price chart illustrated gains worth nearly 1.5% over the past day and is currently sitting at $2,635.

🟢 Ethereum’s market cap stood at $317.27 billion today. Notably, the coin rises despite $675.45K outflows in spot ETH ETFs as of September 26.

Solana Price Today-

🟢 The crypto $SOL witnessed a 4% increase in value from yesterday and is currently trading at $158.

🟢 The coin’s intraday low and high were recorded as $148.82 and $157.86, respectively.

🟢Notably, Solana’s market cap rested at $73 billion today.

#BinanceSquareFamily

GM 🫵🏻

Just In: 🚨

🟠 #Bitcoin crosses $64k amid massive inflows in spot $BTC ETFs

🟠 $ETH , $SOL , & $XRP prices surged

🟠 ETH ETFs recorded inflows as per SoSoValueCrypto

🟠 Top Gainers: $DOGE, $SHIB, $PEPE, $WIF, $FLOKI, $SEI & $POPCAT

What else?🧐

GM #BinanceCommnity 😎

Just In: 🚨

🟢 $BTC price encountered turbulence at $58k

🟢 $ETH & $SOL mimicked a volatile movement, $XRP price soars

🟢Top gainers: $BEAM $QNT $WLD

🟢 The global crypto market cap jumped to $2.04T today

What else?👀

GM #BinanceCommnity 🫵🏻

Just In: 🚨

🟣 $BTC slipped back to $56k

🟣 $ETH $SOL & $XRP trading with volatility

🟣 $PEPE, $WIF, and $BONK prices fell 1%-3%

🟣 Top Gainers- $ICP, $FET, & $INJ

What did I miss? 👀

Just In Sep 9: 🚨

🔵 $BTC price pumped gained in the past 24 hours to briefly top $55k

🔵 $ETH $SOL & $XRP noted slight gains

🔵 $PEPE, $WIF, and $FLOKI prices soared 2%-3%

🔵 Top Gainers- $BTT, $QNT, & $FTM

What else? 👀

#CryptoPricesToday #BTC☀

Just In September 6 🚨

The #crypto prices today have stirred speculations, reversing recent gains.

🟢 $BTC is back on the $56K level, $ETH below $2,400, but DOGS soars.
🟢 Altcoins mainly follow the broader market trend.
🟢 The global cryptocurrency market cap slipped nearly 0.5% to rest below the $2 trillion level today, raising investor concerns.
🟢 Meanwhile, ETH, $SOL and XRP mimicked a waning movement alongside the broader market trend.

GM #Crypto Community!

Just In: 🚨

🟣 $BTC regains a hold at the $57k

🟣 $ETH & $SOL traded in green

🟣 $XRP - Highly volatile movement

🟣 $INJ, $STRK & #1INCH prices rocketed

🟣 $DOGE, $SHIB & $PEPE soared nearly 1%-2%

What else? 👀

$TON was down 90% on CoinMarketCap 👀

So, CoinMarketCap was experiencing issues with its price feed for #TON and was showing an incorrect TON price.

Now back to Normal!
This was likely due to an issue with the indexer.

Don't panic ⚠️ STAY STAFU 💎

#TON #CryptoMarketMoves $TON

Are you ready to embark on a journey where the physical meets the digital, revolutionizing the way we interact with our world?

It's to the realm of DePINs👇🏻

👉🏻 DePIN- Decentralized Physical Infrastructure Networks

DePIN protocols have garnered interest lately due to their potential to impact a wide range of industries, including the Internet, artificial intelligence (AI), energy, wireless communications, and more.

• Let's understand what is DePIN-

A DePIN is a decentralized application that uses tokens to incentivize people to crowdsource and build connected real-world physical infrastructure.

• DePIN can be used in different ways.

Globally empowering individuals, these networks enable collaborative efforts in building, maintaining, and operating community-owned physical infrastructure without relying on a single centralized entity.

• How Do DePINs Work?
DePINs function through three key elements:

➤ Off-chain network mainly comprises its users and service providers
➤ The blockchain brings end users and service providers together.
➤ Protocol defines the key features of how a DePIN functions.

• Benefits of DePIN

The conceptual scope of DePIN is defined by shared characteristics: 

👉🏻 Permissionless entry
👉🏻 Distributed infrastructure costs, and 
👉🏻 Economies of scale

• DePIN Sectors

So you can have DePINs providing everything from mobility to energy, to connectivity, to storage services.

But are all DePINs equal?

Let's break it down further 👇🏻

• Physical Resource Networks vs Digital Resource Networks

PRNs 👉🏻 incentivize people to direct or deploy hardware to offer real-world,
non-fungible goods and
services.

DRNs 👉🏻 incentivize people to direct or deploy hardware to offer fungible, digital resources.

#HotTrends #DePIN #Binance #CryptoEducation💡🚀