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dencyemily · 3 months

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Charting the Path Forward for XLM: Insights into the Future Amidst IBM's Strategic Integration with Stellar Blockchain

In a groundbreaking collaboration, IBM and Stellar are reshaping the landscape of cross-border payments, ushering in a new era of efficiency and cost-effectiveness. The integration of IBM's World Wire with the Stellar network showcases a transformative leap in global financial transactions. At the heart of this innovative network is Stellar's native token, Lumens (XLM), playing a crucial role as a bridge currency.

Stellar's reputation for facilitating value transfers with minimal transaction costs positions it as a key player in the evolving financial ecosystem. The network's ability to issue credits in lieu of traditional currency deposits bridges the gap between existing currencies and the Stellar ecosystem. Additionally, the Stellar consensus protocol enhances transaction speed while maintaining energy efficiency.

However, recent technical analysis signals challenges for XLM. With a current price of $0.109116 and a slight dip of 0.27%, attention turns to the RSI and MACD readings. The RSI, at 37.30, suggests a potential shift to oversold territory, hinting at a possible market reversal or stabilization. Conversely, the negative value of the MACD indicates a bearish momentum, urging caution among traders.

Despite short-term market fluctuations, the integration of IBM's World Wire with Stellar's network holds the potential to catalyze a positive shift in XLM's price trajectory, especially during the anticipated crypto bull market. Investors are advised to adopt a strategic approach in light of current technical indicators. IBM's strategic utilization of Stellar's technology underscores the tech giant's commitment to innovation, promising enhanced payment efficiency and cost reduction in cross-border transactions.

This collaboration signifies a significant step in bridging traditional finance with blockchain innovation, as IBM's venture is openly shared with the broader blockchain community. The Stellar network's design, allowing for the issuance of credits corresponding to deposits, forms the foundation of this integration. Anchored by trusted participants, the Stellar network ensures a secure and reliable infrastructure for global transactions.

As the industry awaits the next crypto bull market, the partnership between IBM and Stellar positions XLM for potential long-term value, reflecting the transformative effects of this pioneering collaboration.

#IBM #Stellar #XLM market #price #dip #RSI #MACD #crypto bull market #Cryptotale

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zylerkade · 1 year

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I Lost Over $52,000 in the 2022 Crypto Crash: Here's Why I'm Still Investing

Yea, it's a hard pill to swallow. You can call me crazy, but hear me out:

Yea, it’s a hard pill to swallow. I lost over $52,000 worth of crypto in the crash of 2022, but I’m still investing. Some call me crazy, but that’s okay. See, the thing is, it is in the nature of investments to be risky. That’s the point. No risk, no reward. If you truly want to be successful at investing, you have to understand that, and you have to play the long game. The reason most…

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bitinfonews · 2 years

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Prime 3 cash to purchase because the crypto market dips

The broader crypto market declined sharply originally of Could. Most cash within the prime ten have all fallen by double figures for the reason that starting of the month. The dip nevertheless presents buyers may have a good probability to purchase promising cash at a really discounted value. Right here is why you should purchase: The crypto market has proved to be fairly resilient over the past…

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#buy #coins #Crypto #dips #Market #top

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inaam60 · 2 years

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#Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T

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sreegs · 2 years

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Why you hate crypto & when you started to hate it?

I knew crypto was a joke back when its main market was Mt Gox, which was a website that got its name from being the "Magic the Gathering Online Exchange". Yes a website that helped people sell their MtG cards was the epicenter of Bitcoin at one point, until they had all their Bitcoins stolen. lol.

I remember in those days you could post a thread on their forums with the subject "IT'S CRASHING!! SELL SELL SELL!!" and it would cause a dip in prices.

I remember the masses of Libertarians fawning over the freedom of an unregulated currency then crying their eyes out when they got their wallets stolen.

I remember the dehydrated strawberries created by the exhaust heat of crypto goons' mining rigs

I remember someone passing out from heat stroke due to their shitty mining setup and going to the doctor only to find out they suffered brain damage.

And now this shit's making or breaking peoples' life savings.

#hell #cryptocurrency is dying #why would you ever think this shit was good #it was an obvious ponzi scheme back then #its an obvious ponzi scheme now #money laundering is all its used for

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thinkpink212 · 7 months

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✨Eclips Season Breakdown ✨

Hello lovelies, we've entered eclips season where we will expeirnece both a Solar Eclips in Libra on October 14th, and then on October the 28th we will experience a Lunar Eclips in Taurus. Depending on your placements and how you interact with the transit, the eclipses effects can present themsleves weeks to months in advance, as well as after its passing (usually up to 6month) What should we ecpect? With both Taurus and Libra being ruled by venus, as well, we can expect venusuain, 2nd house and 7th house activities. This means topics surrounding our money/finances, stability, comfort, socializing/groups, relations, luxury and pleasures, will be highlighted. With different aspects such as a conjunction to the South node, we can also expect themes such as past lives, baggages and lessons (or unfinished lessons) being big themes for some.

How will this affect us as a collective? Numerous of things can be expected, so here are some most likly predictions;

Increse in prices, globally. This could for exampe be more costly public transport, as that affects our relationship with the public.

A lot of crypto currency and online markets may have a boom or fall, depending on where you find yourself. For those who have invested, you may see a large reward, where as there may be some harsh dips before it picks up again due to many pulling out due to fears.

Large companies may find themsleves renegotiating contracts, having unsatified partners or other conflicts that won't see the light of day till everythings either finalized or possibly leaked pre-maturely.

Many world organizations and allienses may be going through re-negotiations, which could have tensions of conflicts, but most will be resolved peacefully while others may worsen. The only example I have of this could be similiar to Kenya pushing for Visa Free Kenya/Africa.

Fertility or sexual scandals may come out, but this may first be within the coming 4-5 months, which may be a big shock to the public. Some of it will force laws to become harsher and lawenforcement to gain more backlash.

Food development may be on a rise with, an example could be, alternative ways of growing food. A fall in import and more demand to rely on self-sufficiancy.

How will it affect us as individuals? Firstly, its important to note that this eclips season is not one I would recomend to manifest. Instead, I suggest releasing and letting go for what no longer serves you to make space for new and better things.

During such seasons, it is adviced to not start anything new, unless you already had plans (5-6 months prior), but listen to your intuition as some of us are menat to begin a new chapter that will require starting something new. For some this new begining may not be a whole new path, but the same with a difference that makes it feel new. An example could be a new job doing the same thing but now it is in a different location (think from remote work to in person or from regular employee to manager)

The solar eclips will bring new beginings in terms of relations (platonic or romantic for some) compromisation/sacrafice, openness and even some emotionalness to it.

So for the solar eclips, nothing overly explosive or life-jerking will offcure, simply big or small changes that will be within what you already know/feel comfortable within. The biggest lesson here is to let go, sacrafice (usually without a struggle( and let the universe do it's things. You may feel paranoid at first, or resistant to the change even if it is quite minor in the begining but it will sort itself out.

For the lunar eclips, the energie is much more noticable as it is the high point as we end chapters. It is high emotions, quite dramatic for some and very explosive for others (think New Years Eve). It is one that will most likly reward us due to its close conjunction to Jupiter - i.e we will be rewarded for what we have been working very hard on. There is growth and very little challange, so we will This is where many of us will experience quality over quantity, and few will ever return. The energy for this is much more selfish and will be a happy ending to something you may have been going through all year. Look to the following month cycle (every 6th month) to see if there was a reoccuring theme; April 2022, October 2022, April/May 2023. Think about what happened during those times and how life is going now to see what will be 'released' for you'.

Below are more specified areas where you may experience more shifts, just look to your Rising, sun or moon to see where you may feel these eclipses the most;

Aries The Solar Eclips will be in your 7th house, which points to themes of partnerships, collaborations and socializing. Some of you may be going through changes such as marriage, divorce or seperation. The energy around your many changes has a karmic energy (neutral), where some of you may meet a soulmate you've already been with or a new soul-connection. Thise mostly affected will have later degree Aries placement (rising, sun, moon). This may also simply indicate meeting someone and your relationship having a more spiritual nature, which will help you in the long run.

Taurus The Solar Eclips will be in your 6th house, which is the house of health and organization. This all points to a shift in how you view your health, how you take care of yourself and how you organize your life. You may find that you have had more health issues then normal or a flareup that has felt too familiary. This will push you to change - this can be eating differently, cutting out habits such as smoking, drug use etc. and wanting to simply change your routine. You may find that this will be easier done alongside someone else, so don't hesitate to get an accountability buddy. For those with 10th degree Taurus placement (rising, sun, moon) you may feel this much stronger after the Lunar eclips, where the release of what no longer serves you will give you great rewards. Oh, and some of you may be getting a new job. You will no longer be somehwere that was sucking your energy and most likly making you sick (physically and mentally).

Gemini The Solar Eclips will be in your 5th house, which will affect your love life. You may have been asked to change your outlook, idea and attitude towards relationships (including platonic relations) in order to get to where you want to be. This could also be habits (dating sights, being too passive, being overly selective or even not being picky enough). Overall, most of what you want will come without much of your intefrenece, but you need a shift of mindset. Release that and better will come replace it.

Cancer The Solar Eclips will be in your 4th house, which is the theme surrounding family and the home. Some of you may be relocating, either moving away from your childhood home, a place you made home or somewhere that no longer feels like home. Some my be reconnecting with a place or people in their lives, while others may have disputes or cutting ties with family or older friends. Your biggest lesson this eclips season is to let go of attemnets to places, people and memories in order to move smoother ahead.

Leo The Solar Eclips will be in your 3rd house, which is your social life, communication and siblings. Some of you may reconnecting with friends you havent spoken with for a whole (not necccesarily because something bad happens) Rekindeling and resuming connections may bring you a lot of clearity, new perspectives and rewards. Some of these relationsh could be closely linked with your past life.

Virgo The Solar Eclips will be in your 2nd house, which is the house of finances and security. Many of you will expericence financial shifts that will follow after the release of control, mentalities and attachments. Stepping out of comfort zones will also reward you greatly. Some may already have expeirnece that letting go of posessions or what no longer serves you (a job, an attitude towards something etc) will make room for even more. This may have been felt already, by some, but will continue for others for up to 12 months.

Libra The Solar Eclips will be in your 1st house, which is the self. This eclips will be felt by all libra placements, but significant for the Libra risings (as well as some sun and moons) a new begining is ahead. You will expeirence many chapter endings and new ones ahead, where you can expect appearence changes, alongside habits and mindset shifts. Imagine a snake shedding it's skin, that is you, and you are entering an era that you've been slowly walking towards. Those who aren't there yet, you will be guided towards it in due time. Remember that there is no start without the space for one, so releasing is crucial. Many may find themsleves feeling this within their social life (so, you may change who you associate yourself with, how you are in public (moving in silence is big)).

Scorpio The Solar Eclips will be in your 12th house, which indicates that many will have revelations and letting go of a lot that doesnt serve them. This can be releasing past traumas, habits, attachments and addictions. This will follow getting more in touch with your intuition, becoming more intuned and delving into spirituality (or continuing where you let of).

Sagottarius The Solar Eclips will be in your 11th house, the house of groups and friendships. Many of you will gain new friendships, make new or deepen connections. A lot of you will also compleate some past life cycles, which will result in compleating or making new long term goals. Those around you will be crucial to this part, especially when it comes to business ventures and other sucesses.

Capricorn The Solar Eclips will be in your 10th house, which is the house of social status, business, image (public) and such. For some of you, you may change your image, shift how others see you or gain a different perspective on others. Others may find themsleves getting promoted or pushed to reach higher hights, whihc could be quitting and finding new oppertunities more alligned. Oters may expeirnece their mentors or those they look up to passing the torch making them the "king/overhead". This is an oppertunity that may feel unexpected for some but a wish-furfilled for others.

Aquarius The Solar Eclips will be in your 9th house, which is all about expansion, philosophy, higher education and more. For many of you, you will gain a better perception on the world and on yourselves. This intales a spiritual awakening(s), persuing education and knowlege. Some of you may have to travel further for this insight, and many may need to 'reprogram' the way you interact and see the world. Some of you may also be going from being the student to becoming the teacher.

Pisces The Solar Eclips will be in your 8th house, which all points to sudden changes with regarding your finances. Some of you may find that your income (specicially the income that came from others, a spouse, family, friends etc) may become spares and replaced, either by your own efforts or by the financial aid of others. This could be do to them being replaced, cords being cut or you taking full ocntrol of your financial stability. Others may find that they are pregnant or will soon be giving birth. This could be to a child but can also be to an idea / project you've been working on. Some may find that a psycological change is happening and you will soon find yourself releasing a lot of traumatic memories and habits. Not all of them belonged to you, but could have beeen generational traumas, or possibly a past life baggage you had to let go of. Lastly, some of you have been doing a lot of work and will find yourself getting into a spiritual awakening, which will reward you greatly in the future as it is making space for what you've been trying to attract.

I hope this was helpful, have a lovely rest of October and stay blessed

#thinkpink astrology #thinkpink thoughts #thinkpink upload #astrology #october predictions

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upprahfunnel · 25 days

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https://x.com/BaseDiddler

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#crypto #cryptocurrency #meme #DIDDLER

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luxurybrownbarbie · 1 year

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As someone who works in wealth management, how do you feel about the Sam Fried Bankman case?

😭😭😭😭😭. Strap in, bestie. (This is very long! I don’t know how to do read mores on mobile.)

Okay so. 1) He's making my job about 20,000,000 times harder, because the SEC is going to overcompensate like hell because of his stupid little scheme. The regulators have already started throwing meetings in on JANUARY THIRD. Like, please let us come down from the holidays? 2023 will have barely been in action for 72 hours.

2) He’s an idiot. I know it's hard to get to non-extradition countries right now, because 90% of them are acting up, but he should NOT have stayed in the Bahamas. Charter a jet and fly to the Maldives, bro. Robinette would have to send the entirety of the Navy SEALS to drag me out of any non-extradition country.

3) My sympathy for these people is inverse to the amount of people who told them *not* to invest in this very clear scam. There are clients who are crying and throwing up, but all we can do is refer them to the millions of emails we sent telling them *not* to put their money in this.

That money is gone. Also... there really is no law saying they have to get any portion of it back. If the feds didn't step in, he really could have disappeared with all that money. Imagine if the CEO of Capital One just decided to dip with the entirety of your checking and investment accounts. And unless the SEC decided to step in, you're just out of money. He stole money from his clients, investors, and used it to funnel his lifestyle, and the only reason he's getting hit with anything is because it imploded so spectacularly the government had to do something.

He's a con man, that much is clear. It's... not exactly shocking to me that a company without a board and practically no oversight was able to commit a crime this absolutely bonkers, because 99% of the people involved are white men, but it is very telling of exactly how dangerous tech bros have become. The guy who dealt with Enron's collapse was sitting on the floor of the House telling the SEC they should have stopped them from scamming billions of dollars, because there's no way to get those people that money back. And SBF was sitting in the Bahamas refusing to be extradited. That audacity is genuinely hilarious, sorry. Good luck, worstie.

Now. I was called all types of uppity and hating by several family friends when I told them to put their coins into a Goldman Sachs or Merrill account instead of some unverified crypto funds. The ones who listened to me? They've still got their money! Why? Because the house always wins.

The idea of some beautiful, revolutionary development when it comes to money is... laughable. I'm sorry. Every banking CEO, including the very much disgraced banks Deutsche Bank and Credit Suisse, will lay down their lives to make sure they never allow these things to actually gain a real foothold in communities. At least not until they've managed to do it themselves. (And the actually successful and possibly revolutionary ones?They were bought up so fast, you probably only heard about them for about 0.02 seconds. They'll release them under the marketing umbrella of the banks and other institutions later on.) The house always wins.

And quite honestly, he's very lucky he got caught up by the feds. Because untraceable money attracts very unsavory people, and there's no telling what they're ready to do because of those astronomical losses. Especially if they can't even access some of the wallets. Some of them are happy to go through the feds, but I'm sure some of them have some more sinister ideas. Good luck worstie, redux.

He might be made an example of, but I truly doubt it. He’ll likely get a slap on the wrist in return for his information on some of those people, and the average joes who gave him money will have no recourse.

Bottom line: Please, for the love of all things holy, please do not invest in cryptocurrency. At least not as your primary investment method. Throw a couple hundred in there if you have it to spare, but nothing more. Until it is stringently regulated, you are better off putting your cash in the garbage disposal.

#answered #corporate barbie™#long post

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biguclub88 · 3 months

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Crypto Predictions: Seven Top Coins Post Bitcoin ETFs Correction

The recent cryptocurrency market upheaval, seemingly influenced by the "buy the rumor, sell the news" trend, highlights the impact of heightened expectations surrounding the approval of exchange-traded funds (ETFs) for the primary cryptocurrency. This phenomenon draws parallels with the legal cannabis market, where anticipatory hype led to market losses post-legalization. However, the groundbreaking nature of cryptocurrencies, unlike cannabis, suggests a potential for more substantial shifts in the financial landscape.

The recent crypto selloff, attributed in part to FTX's bankruptcy and subsequent liquidation sale, has prompted market scrutiny. CoinDesk suggests a potential optimistic trajectory now that this event is behind us, signaling the possibility of brighter days ahead. Here are insights into seven key cryptocurrencies amidst these developments:

Bitcoin (BTC-USD): Bitcoin has dipped below the significant $40,000 mark, marking a seven-week low, attributed to FTX's liquidation sale. CoinDesk suggests a potential easing of bearish pressure, opening avenues for bullish sentiments, especially among contrarians. However, caution is advised as BTC currently trades below the 50-day moving average, emphasizing the importance of monitoring the market dynamics.

Ethereum (ETH-USD): Ethereum, closely following Bitcoin's market movements, has faced a 7.5% dip in the past seven days. While trading near its 50-day moving average, investors should be cautious in interpreting this as corrections occurred pre-Bitcoin's ETF approvals. Monitoring major fund outflows will be crucial for predicting potential recovery and identifying discount opportunities.

Tether (USDT-USD): Tether, functioning as a stablecoin, plays a vital role in the crypto ecosystem as a pegged liquidation mechanism. The deviation from its one-to-one peg, currently at 0.999 to the dollar, underscores a shift in the value dynamics between fiat and crypto dollars. Observing this trend reversal is crucial for strategic re-entry into the virtual currency space.

Solana (SOL-USD): As an alternative cryptocurrency, Solana has faced a substantial downturn, slipping over 7% in the past 24 hours and nearly 16% in the trailing seven days. Its challenge to maintain the 50-day moving average raises questions about a potential long-term discount. Patience is advised, considering historical rebounds after similar downturns.

XRP (XRP-USD): XRP's legal battles with the SEC have led to uncertainties, reflected in its recent market struggles. A deviation below the 200-day moving average and a 9% loss in the past seven days pose challenges. Patience is key, given previous recovery trends, but careful monitoring is essential to gauge a genuine bottoming level.

Dogecoin (DOGE-USD): Despite its origins as a joke, Dogecoin has evolved into a top-performing cryptocurrency, resilient to market fluctuations. With a modest 3% loss in the past 24 hours, it stands out for its community-driven support. While caution is advised, overlooking Dogecoin's unique position in the crypto landscape might disregard its significance as a decentralized investment class.

In navigating the post-Bitcoin ETFs correction landscape, investors are urged to exercise patience, monitor key indicators, and carefully assess the distinct dynamics of each cryptocurrency for informed decision-making.

#btc #usdt #eth #xrp #doge #sol

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kineticpenguin · 1 year

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I think there just can't really be any denying it at this point: if you are into cryptocurrency, you are in a cult.

The problem is that it has a built-in excuse that most doomsday cults wish they had: if the predictions are wrong and suddenly everyone's broke with no payoff, now's the best time to buy in. Some crank says the world's gonna end on a date and it doesn't happen, at least some of the flock will realize that maybe they shouldn't have sold all their possessions to give money to Sex Pervert Jesus. But with crypto, well, that just proves that now's the time to Buy The Dip. If you don't, then you're not a true believer and can't handle a volatile market.

There's even a coincidental resemblance to death cults: Comet visible from earth? Let us put on our best Nikes and drink poison to shed our earthly vessels and ride the spaceship hidden within through Heaven's Gate. Buy ChodeCoin, we're going to the moon!

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coinatory · 8 months

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Eight Major Exchanges Dominate Global Cryptocurrency Trading

An analysis by Kaiko has found that eight major cryptocurrency exchanges dominate the global digital asset trading scene. These exchanges account for 90% of global trading volume and possess 92% of the market depth. Since the onset of 2023, Binance has been particularly dominant, making up over 30% of the market depth and 64% of global crypto trading volumes. The exchange, led by Changpeng Zhao, has continued to be a significant force in the digital asset market, although its market depth has dipped by about 12% since 2021. Other key players in the cryptocurrency exchange landscape are Coinbase, Kraken, OKX, KuCoin, Bybit, Binance.US, and Bitfinex, listed in decreasing order of their market share. This centralization of trading volume has seen an increase of nearly 6% compared to 2021, where the top eight exchanges managed just

Read more on Eight Major Exchanges Dominate Global Cryptocurrency Trading

#Binance #bitcoin #cryptocurrency #cryptomarket #cryptonewstoday #FTX #global crypto #news #regulations

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dencyemily · 3 months

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Analyst Foresees Bitcoin's Market Swings, Predicting a $50K Surge After a Dip to $30K

In the intricate and unpredictable landscape of cryptocurrency, the analyses of market experts hold significant sway. Capo of Crypto, a notable figure in the crypto space, recently shared insights into Bitcoin's potential future movements, sparking discussions and curiosity within the crypto community.

Bitcoin, with an impressive market cap of approximately $788 billion, remains the dominant force in the crypto market. Capo's analysis paints a nuanced picture for Bitcoin in the coming months. A recent sell-off and fundings reset have led to the formation of a low-time-frame (ltf) bottom pattern, indicating a possible surge to $50,000. However, Capo's cautious perspective suggests that this surge might be short-lived, with a subsequent reversal leading to a potential decrease in value, possibly reaching the $30K to $31K range.

Capo's insights extend beyond Bitcoin, delving into the broader cryptocurrency market, particularly focusing on altcoins. He envisions a short-term bullish trend for altcoins, signaling a potential increase in their value. However, this positive outlook is juxtaposed with a longer-term bearish perspective. Notably, Capo expresses a bearish sentiment on DOT, predicting a potential correction to as low as $2 in April.

Despite Bitcoin's recent -5.40% decline over the last seven days, its market position remains robust, with a fully diluted valuation (FDV) of approximately $843.94 billion. This forward-looking metric considers the total market cap if all Bitcoin tokens were issued at the current price, contingent on the emission schedule of BTC tokens, a gradual process unfolding over several years.

As the crypto community grapples with Capo's analysis, the volatility of the market necessitates a careful and informed approach. Understanding Bitcoin's potential future trends requires a keen eye on these insights and an adaptable strategy in response to the dynamic nature of the cryptocurrency landscape.

#Bitcoin #BTC #altcoins #CryptoBusy #CoinGecko #market cap #crypto #Capo #dip #Cryptotale

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aixxriston · 1 year

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Biswap (BSW), Terra Classic (LUNC) Holders Buy More Chronoly (CRNO) As It Launches on 6 October

The highly volatile crypto market still boasts of a token like Chronoly (CRNO) that has managed to weather the crypto waves without losing its value. The duo of Biswap (BSW) and Terra Classic (LUNC) have witnessed massive dumps by their holders in recent times due to the bearish posture of the crypto market. These two projects are backed by reputable individuals and influencers and offer exciting use cases.

Since the market is highly volatile, it is a no-brainer for investors to jump ship in search of projects that can beat the bear market, and that's why they are purchasing more Chronoly (CRNO), even as the latter's pre-sale has completely sold out.

Read on to find out the reason behind the ship jumping and other developments on the market.

Will Biswap (BSW) Get The Momentum Back?

The constant crypto crashes have taken a toll on not only Bitcoin, but also on smaller projects like Biswap (BSW). The market downturn has made token holders dump the project for a viable alternative like Chronoly (CRNO). However, the developmental team is working round the clock to reverse the narrative. First, it has partnered with reputable influencers to promote the brand and generate more younger leads/investors. Secondly, the team plans to list the native token, BSW, on multiple decentralized exchanges. The essence of the listing is to encourage massive adoption by investors from across the world.

At its core, Biswap (BSW) is a decentralized exchange that's built on the Binance Smart Chain to help crypto users easily swap tokens. Biswap (BSW) has a low crypto trading fee of 0.1%. As of the time of writing this piece, Biswap (BSW) trades for $0.263081 USD with a 24-hour trading volume of $5,945,816 USD.

Can Terra Classic (LUNC) Reach $1 By 2023?

Terra Classic (LUNC) experienced a boost from new users in the first quarter of 2022, and then the bear market struck the global crypto market. As with Biswap (BSW), Terra Classic (LUNC) holders have also joined investors jumping ship to join the Chronoly (CRNO) bandwagon. The reason for this may not be unconnected to the massive growth experienced by Chronoly.

Luna Classic (LUNC) is the original Terra Luna coin left behind following the launch of a new Terra chain after the recent UST/Luna collapse. Despite the move by Terra Classic (LUNC) holders, the project's CEO has assured the remaining investors still in the network that the bear market is temporary and that LUNC token will recover once the market breaks support.

At press time, Terra Classic trades for $0.000297 USD with a 24-hour trading volume of $286,803,165 USD.

Chronoly (CRNO) Launches On October 6 After a Successful ICO

Despite the dip in the global crypto market, Chronoly (CRNO) has been more successful than the duo of Biswap (BSW) and Terra Classic (LUNC). The reason for the success is not far-fetched: Chronoly (CRNO) is a project that is backed by real assets. Timepieces or luxury watches have been proven to be a hedge against inflation.

Timepieces usually shine during government upheaval and war, and the Chronoly team decided to invest in this space. Chronoly (CRNO) is an Ethereum-powered marketplace that's scheduled to launch on October 6. The marketplace will allow traders and investors can buy, sell, and trade in rare luxury watches from popular brands like Rolex, Patek Philippe, Richard Mille, and Audemars Piguet, with as low as $10.

Since its inception, Chronoly (CRNO) has grown by over 690%, attracting the attention of both institutional and retail investors from across the world. The Chronoly team recently completed and sold out its ICO. With the milestone recorded in the just concluded ICO, the Chronoly team will redouble its efforts to provide users with the opportunity to earn membership benefits and lottery prizes.

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