Bitcoin a Ticking Time Bomb Set for ‘Historic Expansion’ As Rare Indicator Sends Signal: Crypto Analyst
A widely followed crypto analyst says that Bitcoin (BTC) is gearing up for a historic move to the upside now that a rarely seen indicator has flashed.
The pseudonymous analyst known as Credible Crypto tells his 344,900 X followers that BTC is going through a period of record low volatility or a compression phase, which he says will ultimately lead to historic expansion.
A widely followed crypto analyst says that Bitcoin (BTC) is gearing up for a historic move to the upside now that a rarely seen indicator has flashed.
The pseudonymous analyst known as Credible Crypto tells his 344,900 X followers that BTC is going through a period of record low volatility or a compression phase, which he says will ultimately lead to historic expansion.
Litecoin (LTC) Price Analysis: Bulls Aim Rally Above This Hurdle
Litecoin price is recovering from the $57.50 zone against the US Dollar, similar to Bitcoin. LTC price could climb again if there is a clear move above $65.80.
Litecoin Price AnalysisIn the past few sessions, there was a decent increase in Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Earlier, LTC formed a base above the $57.00 level.
The price started a recovery wave above the $58.50 and $60.00 levels. It broke the 23.6% Fib retracement level of the downward move from the $70.68 swing high to the $57.64 low. There was a break above a key bearish trend line with resistance near $60.80 on the 4-hour chart of the LTC/USD pair.
Litecoin price is recovering from the $57.50 zone against the US Dollar, similar to Bitcoin. LTC price could climb again if there is a clear move above $65.80.
Litecoin Price AnalysisIn the past few sessions, there was a decent increase in Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Earlier, LTC formed a base above the $57.00 level.
The price started a recovery wave above the $58.50 and $60.00 levels. It broke the 23.6% Fib retracement level of the downward move from the $70.68 swing high to the $57.64 low. There was a break above a key bearish trend line with resistance near $60.80 on the 4-hour chart of the LTC/USD pair.
YGG Web3 Games Summit 2023 Attracts Global Web3 Leaders and Game Developers
World’s premier Web3 gaming event to happen at the epicenter of Web3 adoption from Nov. 18 to 25
Our PR partner, yourPRstrategist, is a proud media partner of the YGG Web3 Games Summit and we are pleased to extend a 30% discount to our community. Discount code: YGG30
MANILA, Philippines, October 26, 2023 — More than 1,500 Web3 leaders from around the world will be coming to the Philippines, the epicenter of Web3 adoption, for the upcoming YGG Web3 Games Summit on November 18 to 25 at the Bonifacio Global City in Taguig, Yield Guild Games (YGG) announced in a press conference today.
World’s premier Web3 gaming event to happen at the epicenter of Web3 adoption from Nov. 18 to 25
Our PR partner, yourPRstrategist, is a proud media partner of the YGG Web3 Games Summit and we are pleased to extend a 30% discount to our community. Discount code: YGG30
MANILA, Philippines, October 26, 2023 — More than 1,500 Web3 leaders from around the world will be coming to the Philippines, the epicenter of Web3 adoption, for the upcoming YGG Web3 Games Summit on November 18 to 25 at the Bonifacio Global City in Taguig, Yield Guild Games (YGG) announced in a press conference today.
Bitcoin Gearing Up To Soar As Indicator Signals Strong Momentum for BTC, According to Analyst Henrik Zeberg
A widely followed analyst says that Bitcoin (BTC) is setting the stage up to skyrocket as one key indicator points toward strong momentum for the king crypto asset.
In a new thread, macroeconomist and crypto strategist Henrik Zeberg tells his 121,200 followers on the social media platform X that BTC’s weekly relative strength index (RSI) suggests that Bitcoin has a powerful force behind it.
A widely followed analyst says that Bitcoin (BTC) is setting the stage up to skyrocket as one key indicator points toward strong momentum for the king crypto asset.
In a new thread, macroeconomist and crypto strategist Henrik Zeberg tells his 121,200 followers on the social media platform X that BTC’s weekly relative strength index (RSI) suggests that Bitcoin has a powerful force behind it.
Minnesota Power Co-op Accuses Couple of Major Electricity Theft for Bitcoin Farm Operation
In a case that intertwines crypto mining and utility theft, a Minnesota power company, North Star Electric Cooperative, has accused a former couple, Ryan Jaenicke and Tina Fehlhaber, of stealing vast amounts of electricity. The alleged scheme, detailed in a 19-page civil suit filed in Roseau County Court, was purportedly to power a bitcoin farm in Roosevelt. This revelation follows North Star’s discovery last year of a significant loss of power in its distribution network.
Alleged Utility Theft for Bitcoin Mining Leads to Lawsuit Against Minnesota CoupleAccording to a report, North Star, a not-for-profit, member-owned power distribution cooperative, first noticed a substantial loss of electric power in June 2022, sparking an investigation. During a routine inspection in May 2023, employees uncovered non-North Star equipment connected to their lines in Roosevelt, leading to a property owned by Fehlhaber. Inside, they found two unauthorized 50 kilovolt-ampere transformers and over two dozen cryptocurrency mining units.
Jaenicke, known for his Youtube channel “Degenerate Passive Income,” is accused of being the mastermind behind this operation. In his videos, he often discussed cryptocurrency as a lucrative passive income source, even showing off his mining farms. However, it’s alleged that the Roosevelt farm operated on stolen electricity from North Star, resulting in losses potentially amounting to hundreds of thousands of dollars.
In a case that intertwines crypto mining and utility theft, a Minnesota power company, North Star Electric Cooperative, has accused a former couple, Ryan Jaenicke and Tina Fehlhaber, of stealing vast amounts of electricity. The alleged scheme, detailed in a 19-page civil suit filed in Roseau County Court, was purportedly to power a bitcoin farm in Roosevelt. This revelation follows North Star’s discovery last year of a significant loss of power in its distribution network.
Alleged Utility Theft for Bitcoin Mining Leads to Lawsuit Against Minnesota CoupleAccording to a report, North Star, a not-for-profit, member-owned power distribution cooperative, first noticed a substantial loss of electric power in June 2022, sparking an investigation. During a routine inspection in May 2023, employees uncovered non-North Star equipment connected to their lines in Roosevelt, leading to a property owned by Fehlhaber. Inside, they found two unauthorized 50 kilovolt-ampere transformers and over two dozen cryptocurrency mining units.
Jaenicke, known for his Youtube channel “Degenerate Passive Income,” is accused of being the mastermind behind this operation. In his videos, he often discussed cryptocurrency as a lucrative passive income source, even showing off his mining farms. However, it’s alleged that the Roosevelt farm operated on stolen electricity from North Star, resulting in losses potentially amounting to hundreds of thousands of dollars.
South Korea Upholds Crypto ETF Ban Amid Country’s Rising Bitcoin Premiums
South Korea persists in its stance against allowing financial institutions to invest in digital currencies, effectively blocking the launch of any crypto exchange-traded fund (ETF) within its borders. A representative from the Financial Services Commission (FSC) clarified to local journalists that this policy will remain in effect. Concurrently, bitcoin’s value in South Korea is experiencing a notable premium of more than $1,500 above the global rate.
Amidst Country’s Bitcoin Premium Surge, South Korea Maintains Crypto ETF BanFollowing the U.S. Securities and Exchange Commission’s (SEC) authorization of 11 spot bitcoin ETFs, an FSC official in South Korea reiterated the country’s firm position on barring financial institutions from crypto investments. Emphasizing stability and investor protection, the South Korean official underscored that “the government has consistently maintained the principle of prohibiting financial institutions from investing in virtual assets for the stability of the financial market and protection of investors.”
South Korea persists in its stance against allowing financial institutions to invest in digital currencies, effectively blocking the launch of any crypto exchange-traded fund (ETF) within its borders. A representative from the Financial Services Commission (FSC) clarified to local journalists that this policy will remain in effect. Concurrently, bitcoin’s value in South Korea is experiencing a notable premium of more than $1,500 above the global rate.
Amidst Country’s Bitcoin Premium Surge, South Korea Maintains Crypto ETF BanFollowing the U.S. Securities and Exchange Commission’s (SEC) authorization of 11 spot bitcoin ETFs, an FSC official in South Korea reiterated the country’s firm position on barring financial institutions from crypto investments. Emphasizing stability and investor protection, the South Korean official underscored that “the government has consistently maintained the principle of prohibiting financial institutions from investing in virtual assets for the stability of the financial market and protection of investors.”
Bitcoin Price On The Cusp Of Going ‘Full Bull’ As Veteran Trader Peter Brandt Identifies Super Bullish Pattern
Renowned trader Peter Brandt has identified a potential price pattern on the Bitcoin chart that could indicate a significant move in the coming weeks.
In a recent market analysis video, Brandt discussed the “hump, bump, lump, dump” pattern, also known as a “J-hook,” which he previously observed during the 2016 and 2020-2021 Bitcoin bull markets.
For context, the J-hook pattern is characterized by a congestion area, followed by an upside breakout that traps many traders, leading to a subsequent “dump” phase that clears out the market and sets the stage for the next leg up. Brandt noted that this pattern has been a recurring feature in Bitcoin’s price action and that Bitcoin could be setting up for another strong move higher if the J-hook pattern plays out.
Renowned trader Peter Brandt has identified a potential price pattern on the Bitcoin chart that could indicate a significant move in the coming weeks.
In a recent market analysis video, Brandt discussed the “hump, bump, lump, dump” pattern, also known as a “J-hook,” which he previously observed during the 2016 and 2020-2021 Bitcoin bull markets.
For context, the J-hook pattern is characterized by a congestion area, followed by an upside breakout that traps many traders, leading to a subsequent “dump” phase that clears out the market and sets the stage for the next leg up. Brandt noted that this pattern has been a recurring feature in Bitcoin’s price action and that Bitcoin could be setting up for another strong move higher if the J-hook pattern plays out.
ArbitrageScanner is invited to the Best Crypto Side Event in Dubai! Review and Cases, Best Trading tools for crypto arbitrage
Exclusive side event in Dubai from ArbitrageScanner.io – an ecosystem with the best tools for blockchain analysis and cryptocurrency arbitrage. High-quality networking with leaders in the cryptocurrency industry, useful discussions and a huge amount of new useful information.
ArbitrageScanner, a pivotal player in the cryptocurrency sphere, is set to host an exclusive gathering in Dubai, assembling leaders in web3, blockchain analysis, and cryptocurrency arbitrage. Revered as the premier platform for arbitrage and blockchain analysis, ArbitrageScanner boasts an array of success stories and glowing endorsements from satisfied clients.
Exclusive side event in Dubai from ArbitrageScanner.io – an ecosystem with the best tools for blockchain analysis and cryptocurrency arbitrage. High-quality networking with leaders in the cryptocurrency industry, useful discussions and a huge amount of new useful information.
ArbitrageScanner, a pivotal player in the cryptocurrency sphere, is set to host an exclusive gathering in Dubai, assembling leaders in web3, blockchain analysis, and cryptocurrency arbitrage. Revered as the premier platform for arbitrage and blockchain analysis, ArbitrageScanner boasts an array of success stories and glowing endorsements from satisfied clients.
Here’s Why One Crypto Analyst Doesn’t Think an Ethereum ETF Will Get Approval Despite ‘Altcoin Bull Market’
One widely followed crypto analyst is warning Ethereum (ETH) traders that an ETH exchange-traded fund (ETF) approval from the U.S. Securities and Exchanges Commission (SEC) is unlikely to happen soon.
Crypto trader Michaël van de Poppe tells his 715,800 followers on the social media platform X that traders may have to wait a little longer for an ETH ETF.
One widely followed crypto analyst is warning Ethereum (ETH) traders that an ETH exchange-traded fund (ETF) approval from the U.S. Securities and Exchanges Commission (SEC) is unlikely to happen soon.
Crypto trader Michaël van de Poppe tells his 715,800 followers on the social media platform X that traders may have to wait a little longer for an ETH ETF.
Ripple CEO Brad Garlinghouse Says This Is What the Crypto Industry Needs To Focus on To Drive Mass Adoption
The CEO of Ripple Labs says that in order for the crypto industry to drive mass adoption it needs to focus on one key aspect.
In a new interview at the XRP Ledger Apex 2024 event, Ripple Labs head Brad Garlinghouse says that for the crypto industry to grow exponentially real use cases need to be developed.
“Customers don’t care which technology you’re using. They want their problem solved…
The CEO of Ripple Labs says that in order for the crypto industry to drive mass adoption it needs to focus on one key aspect.
In a new interview at the XRP Ledger Apex 2024 event, Ripple Labs head Brad Garlinghouse says that for the crypto industry to grow exponentially real use cases need to be developed.
“Customers don’t care which technology you’re using. They want their problem solved…
CoinStats Launches Upgraded Profit and Loss Calculator
Crypto portfolio tracker CoinStats has launched an upgraded version of its crypto portfolio profit and loss calculator. The new calculator was designed to help users manage their crypto portfolios with greater accuracy.
It features metrics that give you a comprehensive view of your portfolio’s performance so that you can make informed investment decisions. These include total cost, which is the total amount you used to acquire assets; unrealized profit/loss on assets you haven’t sold; realized profit/loss on assets you’ve sold; and all profit/loss, which is the total profit or loss.
Crypto portfolio tracker CoinStats has launched an upgraded version of its crypto portfolio profit and loss calculator. The new calculator was designed to help users manage their crypto portfolios with greater accuracy.
It features metrics that give you a comprehensive view of your portfolio’s performance so that you can make informed investment decisions. These include total cost, which is the total amount you used to acquire assets; unrealized profit/loss on assets you haven’t sold; realized profit/loss on assets you’ve sold; and all profit/loss, which is the total profit or loss.
The owner of this channel has been inactive for the last 11 months. If they remain inactive for the next 27 days, they may lose their account and admin rights in this channel. The contents of the channel will remain accessible for all users.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The owner of this channel has been inactive for the last 11 months. If they remain inactive for the next 10 days, they may lose their account and admin rights in this channel. The contents of the channel will remain accessible for all users.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Bitcoin Maxi Says He’s ‘Keeping A Very Close Eye’ On XRP As Pundits Envision $80 XRP Price
XRP emerged as a standout performer in the cryptocurrency market this past week, with a notable surge of over 38% outpacing gains made by other top ten cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Cardano.
Notably, the crypto asset soared to around $0.63 on Wednesday. The crypto community attributed this impressive rally to speculations surrounding a crucial meeting scheduled for July 18, which could have concluded the ongoing legal battle between Ripple and the SEC.
XRP emerged as a standout performer in the cryptocurrency market this past week, with a notable surge of over 38% outpacing gains made by other top ten cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Cardano.
Notably, the crypto asset soared to around $0.63 on Wednesday. The crypto community attributed this impressive rally to speculations surrounding a crucial meeting scheduled for July 18, which could have concluded the ongoing legal battle between Ripple and the SEC.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.