Ghost ◱ ◱ (@unknown29652) • Hey
Trader, Holder, Gamer.
Publications
- Bitcoin miner Bitfarms stock surges after raising 2025 guidance to over 35 EH/s
Bitcoin miner Bitfarms has reiterated the Riot Platforms takeover proposal would not be in the best interest of its shareholders and later announced it entered into an agreement to develop its first large-scale mining site in the United States, which will boost the miner's overall power capacity. As a result, this raises Bitfarms' 2025 power capacity to 648 megawatts, 170% growth from its current capacity and up 47% from its targeted year-end 2024 capacity.
- US spot bitcoin ETFs achieve record-breaking 18-day streak of net inflows
U.S. spot bitcoin exchange-traded funds are now in their longest streak of positive flows since listing, recording their 18th consecutive day of net inflows on Thursday. The 11 funds had a total net inflow of $217.78 million, with most of the inflows coming from BlackRock’s IBIT, the largest spot bitcoin ETF by net assets. IBIT drew in $350 million worth of net inflows on Thursday, according to data from SoSoValue. Fidelity’s and VanEck’s bitcoin ETFs also saw net inflows, though significantly smaller than BlackRock’s.
- In the daily time, this currency is in an upward trend. #T has formed a huge accumulation of liquidity .
The price of #T has again reached the dynamic support that supports the price in the daily time frame.
The probability that the price will be supported by this area is very high, but if the price drops below the support, we will see a significant decrease and the price may fall to the support level of $0.01450 - $0.01600.
- The support and demand level of $0.1600-$0.1500 surprisingly supported the price and gave it a tremendous bounce.
the price of #KLAY 🚩 after reaching this level, first broke the downward trend line and then grew by more than 50% and reached the resistance and supply level of $0.2600-$0.2700. At this level, most of the buyers, who were mostly short-term and medium-term buyers, started selling after earning profit, and the price decreased.
It is possible to re-support the price in the $0.210-$0.2170 area, but it's not the main support level.
If this level is broken, the price may return to the main support level
- #TRON 🔻 moves in an ascending channel in the daily time frame and is in correction mode in the 4-hour time frame.
The price is close to the $ 0.11120-$ 0.10520 support area, which is a strong demand area.
Its long-term trend is upward, and the short-term trend is downward. To stabilize the upward trend in the 4-hour time frame, the price must break the dynamic resistance.
- #VeChain price is compressing and moving at the support level of $ 0.03400-$ 0.03200.
In the daily time frame, an ascending channel has been formed, which the price has left.
The correction process of the price after its strong growth is still going on.
If the price can maintain the support level, it will enter the ascending channel again.
- #EGLD In the daily time frame, after breaking the upward trend line, the price decreased by more than 40%.
The price still moves above the support level of $ 32.90-$ 36.90, and there are not many fluctuations in the chart.
If the price can break the small resistance and get out of the pattern, it can grow again to its previous ceiling.
- #Ethereum price After reaching the support level of 2870-3030 dollars, the price of Ethereum grew by more than 30% and broke the dynamic resistance, but it has not yet been able to break the main resistance level, which is in the area of $ 3900-$ 4110 .
The probability of the price returning to the level of demand and important support is indicated in the chart. The buyers may want to buy again in that area.
- Ripple $ 25 million crypto education contribution amid rising importance in 2024 election
Ripple has highlighted the 2024 US election as a crucial juncture for the crypto industry, according to a May 29 statement. In response, the company has donated $ 25 million to Fairshake, a federal super PAC that backs pro-crypto and pro-innovation candidates. This contribution raises Ripple’s total donation to the committee to $ 50 million. Notably, Fairshake has attracted funding from prominent crypto industry players, including Coinbase, Gemini, and venture capital firm Andreessen Horowitz.
- The price of #CHR broke out of the falling wedge pattern and then retested the resistance.
Following the exit from the falling wedge, the price entered the demand zone and maintained its movement. Having a strong potential for upside, the price grew by more than 30%.
However, given the market's volatility, if CHR fails to keep up its momentum and drop below the demand level at $ 0.3018. This could suggest a weakening of the bullish position, potentially leading to a significant decline.
- #JOE's price is in a very good position. The downtrend line has been broken and recently retested.
Currently, the price approaches a key demand zone. Maintaining momentum at this level could likely result in a bullish move. Historically, when the price has reached this level, it has initiated a strong upward surge.🚀
There is a very strong positive divergence. So this can be the best situation for buyers. The targets of $ 0.5550 and $ 0.8600 are the minimum reachable targets in the 4-hour time frame.
- Bitcoin white paper returns to Bitcoin.org website
The Bitcoin white paper has been reuploaded to the Bitcoin.org website after Craig Wright’s unsuccessful court attempt to prove he is Satoshi Nakamoto, the protocol’s pseudonymous creator. Hennadii Stepanov, the maintainer of the Bitcoin.org website, announced the return of the Bitcoin white paper by sharing a link to the white paper PDF on platform X.
- In the daily time frame, a bullish harmonic pattern formed in the #XRP price chart and the price has broken the dynamic resistance and tested it again in 4hTF, so the failure confirmed.
The price is expected to start growing from this area. The first target is $ 0.6400.🚀
The support level is $ 0.4900-0.4700.
- SEC approves 8 🪙 Ethereum ETFs including BlackRock and Fidelity
The U.S. Securities and Exchange Commission approved eight spot Ethereum ETFs in an ominbus order, confirming a last-minute scramble to get them through. The SEC approved 19b-4 forms for the ETFs from BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton. While the forms have been approved, the ETF issuers need to have their S-1 registration statements go effective before trading can begin.
- Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704
Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns with Bitcoin’s overall hashrate exceeding the 600 exahash per second (EH/s) mark. On May 23, 2024, at block 844,704, the difficulty adjusted from 83.14 trillion to 84.38 trillion. This rise follows a 5.62% decrease on May 9, 2024, coinciding with a hashprice lower than pre-halving levels. Hashprice refers to the estimated value of one petahash per second (PH/s) of hashing power per day.
- Grayscale removes staking proposal from its spot Ethereum ETF filing
Grayscale Investments dropped its staking proposal in its proposed spot ether exchange-traded fund, according to an amended preliminary proxy statement. In a previous filing, Grayscale had proposed to investors the ability to stake ether through the trust. That language was not in an amendment preliminary proxy statement filed on Tuesday for the Grayscale Ethereum Trust.
- The price of #RDNT reached the top of the descending channel again, the sellers are still strong, and the price could not break the channel for the third time.
If the descending channel is not broken, the price will fall again by more than 15% and will reach the bottom of the channel.🔻
The main resistance level is $ 0.1920 - $ 0.2050.
- #COTI price has broken the dynamic resistance of the downward trend and tested it again.
The price has now formed a bullish channel. The support level of $ 0.09000 - $ 0.10300 supported the price well .
The substantial liquidity at this level suggests that COTI could experience a robust bullish rebound. 📊
It is expected that the price can continue to grow up to the ceiling of the channel , more than 20% 🚀.
- #Dogecoin price has broken dynamic resistance, then retraced back to it. It is retesting now.
The price can rise from these levels to $ 0.2280, with the initial target of $ 0.2040.
The support level is $ 0.11200 to $ 0.12300.
- FTX repayments might cause crypto buying pressure: K33
A Tuesday report from the digital asset brokerage firm K33 suggests that repayments from the collapsed crypto exchange FTX might have bullish effects on the crypto market. "While Mt. Gox and Gemini creditor repayments represent a bearish overhang in the market, FTX’s cash repayment may be viewed as a bullish overhang," K33 wrote in the report.
- Document your life, take those pictures, make those videos, capture those moments, you’ll cherish them when those memories begin to fade away.
- #FET
Dynamic resistance has already been broken and now the price is retesting it. The support level is $ 1.9700-1.8500. There is a possibility that the price will drop to $ 1.2860, but first we have to wait for the support to be broken.
- #Bitcoin 📱 is still moving in a bearish channel on the 4-hour time frame. After reaching the top of the channel, it could not pass through it and started to decrease again.
The support level of $ 57,500-$ 56,200 is important and there is a high probability that the price will fall back to this level and reach the bottom of the channel.
- After reaching $ 0.5500 and the ceiling of the ascending channel, the price of #CFX started to decline. It has not yet reached the bottom of the ascending channel that it has formed in the daily time frame.
The downward trend of the price seems to be still strong.
Another step of price decline can bring the price to the bottom of the channel.
- #Op price is moving in a descending channel and is now facing the resistance of 2.630-3.020 dollars.
According to the trend that has formed, the trend is still downward and the price can fall again to the bottom of the channel and reach $ 1.890
- #ONT price is in a bearish wedge pattern and is now moving in the resistance zone. After breaking the resistance, the price can grow again up to $ 0.5000. The probability of breaking the resistance is very high and you can start buying from these areas.
The support level is $ 0.2850 - $ 0.2530.
- #Fantom price has broken out of the bearish channel and now retesting it. The trend is still weak. To ensure the start of the uptrend, the price must above $ 0.7550. The support level is $ 0.5200-$ 0.5700.
- #ATA price is in a bullish flag pattern. The ascending channel was broken, but the price re-entered the channel and is now moving in the bottom areas. And it is expected that after breaking the dynamic resistance, it can grow again up to $ 0.30.
- Bitcoin options traders bet on a bullish September price move above $ 100,000, analysts say
Analysts are observing bullish conditions in the bitcoin options market following the digital asset's bounce back on Friday — an uptick sustained throughout the weekend and into early week trading. QCP Capital analysts say bitcoin risk reversals have gone positive, with calls now more expensive than puts. This suggests a bullish sentiment among investors, as they are willing to pay more for options that benefit from a rise in bitcoin than options that protect against a decline in price.
- Ethereum’s low gas fees drive ETH burn rate to yearly low
The Ethereum network has seen the daily amount of ETH burned drop to its lowest level this year — mainly driven by a recent drop in average gas fees. Currently, gas fees are hovering between 5 and 10 gwei, which is one of the lowest levels seen year-to-date and affecting ETH issuance. The decrease in network fees has resulted in fewer ETH being burned. On Sunday, the amount of ETH burned was a mere 610 ETH — marking a record low for this year as Ethereum’s gas fees remained minimal.
- #CHR price is moving in a bearish wedge pattern. The downward trend is weakening, positive divergence is also seen in the chart.
The price will probably start to grow after reaching the dynamic support .
We have to wait for the price to break out of the pattern and test it again, then we can start buying
- The market situation is improving and the price of #ZRX maintains the support level of 0.4650-0.3300 dollars and is moving above it.
The downward trend has weakened and the price can start pumping from these areas and the first target is $ 0.5660.
- The price of #TRB recently pumped more than 60% and reached the ceiling of the bearish channel in the 4-hour time frame.
The channel is not yet fully broken and we are waiting for confirmation.
After confirming the failure of the channel, the first target is $ 100.00.
- The price of #HIGH continues to move in a very bullish channel and after reaching the ceiling of the channel, the price started to decrease as before. If the downward trend of the market continues, the price can drop by another 20% and reach $ 2.6, which is the bottom of the channel.
- #Bitcoin finally broke the important support level of $ 59,400-$ 61,500 and dropped more than 23% from its high price.
The price has reached the support level of $ 57,500-$ 56,200 and it is possible that this level can support the price well and the price will return to the previous level.
- MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC
MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $ 7.8 million, Founder & Chairman Michael Saylor announced today. The company initially entered the Bitcoin market in August 2020, making a significant initial investment of $ 250 million into BTC.
- #PolkaDot price started to dump after reaching $ 11.9 and has decreased by more than 40% so far.
The bearish candles still look strong and the price has reached the top of the bearish channel. It is likely that the downward trend will continue and the price will easily break the support level of $ 6.180 - $ 5.700.
- Russian Duma considers exchange ban as Beribit clients demand crypto, receive chocolate
The troubles began with reports of a raid by Russian authorities on the offices of crypto exchange Beribit at the end of March, allegely in connection to the Crocus City Hall terrorist attack. Then, Beribit, which is an officially licensed exchange in Russia, announced on Telegram that during a change in leadership, discrepancies in the company's financials were found and an audit had to be undertaken.
- Binance’s defense against SEC could be aided by Mango Markets case
Binance could strengthen its defense against the US Securities and Exchange Commission (SEC) by drawing on an unrelated case. On April 26, Binance and related parties filed a government document from an unrelated case against Mango Markets exploiter Abraham Eisenberg, who was convicted by a jury on April 18. Binance’s defense team drew attention to a specific paragraph in which the US government expressed its position on whether a particular stablecoin, USDC, is a security.
- #AR
The price is moving in a descending channel. After reaching the ceiling of the channel, it couldn't cross the channel, and now it has reached the support level of $ 29.0 - $ 33.4.
The first target for price reduction is $ 29 , which should dump about 10%.
- #Avalanche price moves in a descending channel, and after reaching the ceiling of the channel, it could not break it and started to decrease again. If the price turns down sharply from the current level, it will suggest that the bears remain in command. The #AVAX/USDT pair could slump toward the $ 32 to $ 27 support zone.
Instead, if bulls push the price above $ 42, it will suggest the start of a sustained recovery
- #BNB
The price of Binance Coin is moving between resistance and support. And after approaching the bottom of the channel, it could start growing again. If the price can grow another 5% and reach resistance. And then breaking the resistance with strength, it can pump to $ 750
- #Dogecoin’s candlestick shows that the bulls are trying to protect the $ 0.12 support.
The recovery is likely to reach the $ 0.18 , a significant level to watch out for. If buyers overcome this barrier, the DOGE/USDT pair could reach the top of channel, where the bears are likely to sell aggressively.
The zone between $ 0.14 and $ 0.12 is likely to attract strong buying by the bulls because if the support gives way, the pair could face intense selling and tumble toward the formidable support at $ 0.10.
- #SFP
The price has a very good upward trend. The upward channel is still valid and the price can grow by 20% and reach $ 1.00 after breaking the dynamic resistance.
- #GAL price moves in a downward channel.The downward trend is still strong. Probably, the price will first drop to the bottom of the channel and reach the support level of 2,400-2,800 dollars and then it will start to grow again
- Grayscale outflow -$ 90M today.
306,000 #Bitcoin left. They began with 620,000 in Jan. More than 50% left.
- #C98 price broke the trend line.
Price decreased by about 30% and reached the support level of 0.2500-0.2340 dollars. This level is still important and it is possible for the price to return to this level.
- Despite weekend dip, bitcoin's market dominance hits highest level since April 2021
While the stock market was closed this weekend and unable to react to the news of Israel being the target of an Iranian drone attack, the crypto market was ready to respond. Assets across the board took a dip as traders recalibrated their portfolios and scaled back risky bets. Bitcoin itself fell from over $ 70,000 on Friday, April 12, to just over $ 63,000 at the end of April 13, dropping roughly 11.6% from its high on Friday to its low on Saturday.
- Bitcoin is the only way out of feudalism
The US has undergone an immense consolidation of wealth and power in recent years. Americans everywhere are suffering while modern-day robber barons get fat off a 21st-century Gilded Age or roaring Twenties. Unlike the Gilded Age and 1920s, however, the 2020s offer a reprieve. Bitcoin serves as a timely solution for individuals and families to ensure they enjoy their piece of the American Dream.
- Yeeez