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MARKET SIZE VERSUS MARKET STORY.
Report note that $BTC still dominates with a market caps near $1.37 trillion,it dwarfs$XRP ‘s $86billion. At current price,#XRP could need to climb to roughly$22.5 per token just to match#bitcoin market value.
The represents a nearly 1,500%increase from todays trading level.The scale of the cap makes Patrick Rileys forecast ambitious,especially considering #bitcoin ‘s long standing role as the leading crypto asset.
Report note that $BTC still dominates with a market caps near $1.37 trillion,it dwarfs$XRP ‘s $86billion. At current price,#XRP could need to climb to roughly$22.5 per token just to match#bitcoin market value.
The represents a nearly 1,500%increase from todays trading level.The scale of the cap makes Patrick Rileys forecast ambitious,especially considering #bitcoin ‘s long standing role as the leading crypto asset.
The trio propose a distinct risk weighting for “floating”crypto currencies ,including a Bitcoin $BTC ,Binance $BNB USDT,Ether $ETH USDT ,Cardano#ada ,Dogecoin #DOGEUSDT ,XRP#XRPUSD and “pegged”crypto like stablecoin.A benchmark index equally divided between floating digital asset and pegged stablecoin could aslo be used as a proxy for crypto market volatility and behaviour of the benchmark index to more accurately model,”calibrated” risk weights for crypto,according to the authors
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Disclaimer: Content on Binance Square includes information, views and opinions posted by Users and or other third parties, which may be sponsored. Content on Binance Square may also include AI generated content with the use of Binance AI or User AI in User Content, subject to the AI Policy. Content on Binance Square may be original or sourced, or in combination. Such content is presented to viewers on an “as is” basis for general information purposes only, without representation or warranty of any kind. Such content is not to be used or considered as any kind of advice. Insights and opinions expressed in these content belong to the relevant poster and do not purport to reflect the views of Binance. Content on Binance Square, is not intended to be and shall not be construed as an endorsement by Binance of such views or a guarantee of the reliability or accuracy of such content. Viewers and users are reminded to do your own research (DYOR). Furthermore, the content and Binance Square’s availability is not guaranteed. Digital asset prices vary in volatility. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. For more information, see our Terms of Use, Risk Warning, and Binance Square Terms.
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$BTC Tthe first key resistance is near the $69,000 level.Aclose above the $69,000 resistance might send the price further higher,in the stated case,the price could could rise and test the $70,000 resis.Anymore gains might send the price toward the $71,500 level,The next barrier for the bull could be $72,000 and $72,500
What do you think.
What do you think.
$BTC .The first key resistance is near the $72,500 level .
A close above the $72,500 resistance might send the price further higher.
In the stated case, the price could rise and test the $74,650 resistance.
Anymore gains might send the price towards the $75,880 level the next barrier for the bull could be $76,500 and $77,200
A close above the $72,500 resistance might send the price further higher.
In the stated case, the price could rise and test the $74,650 resistance.
Anymore gains might send the price towards the $75,880 level the next barrier for the bull could be $76,500 and $77,200
$ETH failed to stay above $2,300 and start a fresh decline .
The price is trading below$2,265 and the 100 hourly simple moving average.
There is a major bearish trendline forming with resistance at $2,250 on the hourly chart of ETH/USD(data feed via Kraken)
The pair could start below the $2,350 zone
The price is trading below$2,265 and the 100 hourly simple moving average.
There is a major bearish trendline forming with resistance at $2,250 on the hourly chart of ETH/USD(data feed via Kraken)
The pair could start below the $2,350 zone
The latest rally followed a playful yet powerful post from Elon Musk where the hinted that $DOGE coin could finally go to the Moon next year.
The comment referended his long standing promise from 2021 and brought fresh attention to the #doge 1 lunar mission,a SpaceX-linked ptoject fumded entirely using $DOGE coin.
The comment referended his long standing promise from 2021 and brought fresh attention to the #doge 1 lunar mission,a SpaceX-linked ptoject fumded entirely using $DOGE coin.
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DOGEUSDT
Perp
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-0.26USDT
$BNB the native coin of the #Binance ecosystem,has lost 5% of its value in the last 24 hours as the broader cryptocurrency market continue to suffer.
The coin briefly dropped below $750 earlier today but has slightly rebounded and is now trading at $767
The risk averse condition among traders lead to massive liquidation and a bearish shift in derivative build up
The coin briefly dropped below $750 earlier today but has slightly rebounded and is now trading at $767
The risk averse condition among traders lead to massive liquidation and a bearish shift in derivative build up
$BTC is now trading below $80,500 in the 100 hourly simple moving average if the price remais stable above stable above $75,000 it could attempt increase immediate resistance is near the $78,500 level or the 23.6% fib retracement level of the downward move from the $90,440 swing high of the$75,665 low
Notably the carnage hit oneside of the market with extreme prejudice as”long position” bet on a price rebound accounted for $2.42 billion of the total losses this is the largest long liquidation event in the ladt 3months
$ETH trader bore,the heaviest burden incurring $1.15 billion in liquidation while#bitcoin related wipe total more than $772 million
The massive long squeeze shows that participants over leveraging their positions to defined the $80,000 floor only to be crushed by accelerating downside momentum
$ETH trader bore,the heaviest burden incurring $1.15 billion in liquidation while#bitcoin related wipe total more than $772 million
The massive long squeeze shows that participants over leveraging their positions to defined the $80,000 floor only to be crushed by accelerating downside momentum
@Plasma XPL
@Plasma $XPL represent a new wave of innovation focus of speed,scalability and efficiency on the evolving digital Ecosystem.Built with the vision of reducing friction and interaction #Plasma XPL aim to bridge the gap between usability and advanced technology its core philosophy revolves around creating a seamless execution low latency and enhanced reliability without sacrificing security.What make plasma XPL standout of its emphasis on adaptability designed to evolve alongside market demands and user need ,As decentralised technology continue to grow project like plasma XPL highlight the importance of sustainable architecture community driven development and long term value creation
As the analysis noted,previous breakout from $DOGE long-term accumulation zone have led 60x and 215x gains which could signal that a bigger rally could be brewing of history repeats.
#Doge🚀🚀🚀
#Doge🚀🚀🚀
$BNB is hosting an AMA focused on stable coins and their real-world adoption at scale.
The discussion will cover macro trend,practical use cases,and earning opportunities availble through
Binance earn products.
The season is scheduled for January29 at 14:00 UTC
19:30 IST and will take place BinanceLive
The discussion will cover macro trend,practical use cases,and earning opportunities availble through
Binance earn products.
The season is scheduled for January29 at 14:00 UTC
19:30 IST and will take place BinanceLive
#Dogecoinnews
#Dogecoin ($DOGE ) and #Ethereum ($ETH )led gain on wednesday morning,as major altcoin out performed Bitcoin($BTC )which struggle to break past through $90,000
#Dogecoin ($DOGE ) and #Ethereum ($ETH )led gain on wednesday morning,as major altcoin out performed Bitcoin($BTC )which struggle to break past through $90,000
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