๐ Highlighting Strong Assets Despite the Ongoing Altcoin Correction!
Even with a market dip, some altcoins are showing resilience and could be worth a closer look:
๐ธ Wormhole (#W) - Cross-chain powerhouse with solid TVL support.
๐ธ Sologenic (#SOLO) - XRP Ledger's RWA platform near TVL, signaling interest from major players.
๐ธ StarkNet (#STRK) - Leading L2, just below TVL and packed with investment potential.
๐ธ AltLayer (#ALT) - L2 infrastructure protocol, rebounding from local lows after listing.
๐ธ Polyhedra (#ZK) - ZKP infrastructure, down 44% but showing strong buyback signals.
๐ธ AEVO (#AEVO) - Promising DEX on L2, down 23% and seeing steady accumulation.
#Crypto #Altcoins #Investing
๐จ BlackRock CEO on crypto:
1๏ธโฃ U.S. elections & regulations wonโt decide Bitcoinโs fate. 2๏ธโฃ Larry Fink believes Bitcoin could rival the U.S. housing market in size. 3๏ธโฃ He compares digital assets to the early mortgage market. 4๏ธโฃ Bitcoin is now a standalone asset class. 5๏ธโฃ Ethereumโs blockchain has huge growth potential.
๐ต BlackRock manages a record $11 trillion.
Larry Fink predicts explosive crypto growth ๐. His view that Bitcoin could become as significant as real estate is a strong signal. Ethereum also poised for major expansion.
๐ณ Whales are already stacking up! #Crypto #Bitcoin #Ethereum #BlackRock
#EigenLayer raised $64.5M but failed to meet investor expectations, especially regarding high staking returns.
๐ Investor dissatisfaction grew after $2B worth of tokens were sold, raising suspicions of insider trading.
๐ง CIU's take: These setbacks erode trust in EigenLayer, highlighting the need for transparency and fulfilling commitments.
#Crypto #Staking #InsiderTrading #Blockchain #CryptoNews
๐ Finance Highlights from the Last 24 Hours:
1๏ธโฃ **State Street** is testing tokenized bonds & money market funds to streamline asset management. Tokenization could speed up transactions without the need to sell assets. (https://t.co/pByTfU4ec3)
2๏ธโฃ **U.S. DOJ** seizes $879M in crypto from North Korean hackers, linked to Lazarus Group & APT38, using Tornado Cash mixers. (https://t.co/gCIpFuOamy)
3๏ธโฃ **Vitalik Buterin** sold $765K in meme coins, donating $260K to infectious disease research. (https://t.co/LVgbC7tgmZ)
4๏ธโฃ **JPMorgan** predicts crypto growth in October, with "Uptober" showing BTC gains 70% of the time. (https://t.co/5xwUupuetE)
#CryptoNews #Finance #Blockchain #BTCNews #etherium
๐ Five tokens with potential for short-term growth! - https://t.co/XgQwUtmchZ
#TAO#W#ETHW#APT#PYTH
On October 6, the crypto market strengthened, with BTC approaching $63,000, boosting several altcoins. Bittensor (TAO) surged by 12%, Wormhole (W) gained 9%, and EthereumPoW (ETHW) rose by 7%. Aptos (APT) and Pyth Network (PYTH) are also showing short-term growth, consolidating near key resistance levels.
CIUโs opinion: Except for ETHW, the projects are actively expanding within and beyond the industry. Always be mindful of financial risks.
Today, we get key labor market and business activity data!
๐ At 15:30 MSK/Kyiv, Initial Jobless Claims data will be released.
Market expectations:
A small rise in claims from 218K to 222K is expected.
Comment:
This increase wonโt raise concerns if it stays within expectations. If claims exceed 250K, recession fears will persist.
๐ At 15:30 MSK/Kyiv, the Services PMI will be out.
Market expectations:
A slight decline in activity from 55.7 to 55.4.
Comment:
A drop in services sector activity signals potential profit loss for U.S. companies. As long as the metric stays above 50, thereโs no need to worry, but a report below 55 could pose risks to the markets.
๐ค Risk tip: Consider reducing high-risk positions or setting stop-losses.
#MarketUpdate #Economy #LaborMarket #PMI #BusinessActivity #Investing #Stocks #Finance #RecessionRisks #TradingTips #JoblessClaims
๐ Friends! Amid the altcoin correction, some strong assets are standing out and worth considering for investment:
๐ Wormhole (#W): A cross-chain giant, showing strength around its ATH. ๐ Sologenic (#SOLO): RWA platform on XRP Ledger, in accumulation by major players. ๐ StarkNet (#STRK): A top L2, slightly below ATH with investment potential. ๐ AltLayer (#ALT): L2 infrastructure protocol, recovering from local lows. ๐ Polyhedra (#ZK): ZKP infrastructure, actively bought after a 44% drop. ๐ AEVO (#AEVO): Promising L2 DEX, down 23% from ATH, seeing steady accumulation.
Stay tuned for more updates! #Crypto #Investing #Altcoins #DeFi
๐ง Lido DAO (LDO) โ Ethereum Liquid Staking Protocol
Lido lets you stake ETH & receive stETH, which can be used in DeFi for extra yield. ๐
๐ Key Stats:
Locked value: 9.82M ETH (~$25.87B) source
89.5% of LDO tokens in circulation. Investors have their tokens source.
Top backers: Paradigm, a16z, Coinbase Ventures, etc.
๐ Technical Analysis:
Down 66% from ATH, but strong support at $0.86.
Since June โ22, LDO has been in an upward trend ๐
"Double bottom" pattern formingโpotential for a reversal to $2.
๐ผ Buy plan:
1. $1.30 (market)
2. $1.01 (limit)
3. $0.70 (limit)
๐ฅ Targets:
1. $1.99 (+50%)
2. $2.65 (+100%)
3. $3.49 (+163%)
4. $4.99 (+276%)
5. $6.41 (+384%)
#LidoDAO #LDO #ETH #DeFi #CryptoTrading #LiquidStaking
๐ Jito Labs (JTO) โ a pioneer in Solana's MEV infrastructure with a liquid staking protocol, boosting validator rewards and scaling Solana systems. ๐๏ธ HQ: Arlington, VA โ key in the regulatory narrative.
๐ช Key Insights:
๐ถ JTO raised $10M (backed by Multicoin Capital, Delphi Ventures, Solana Ventures, and Anatoly Yakovenko). Investor unlocks start in Dec 2024.
๐ถ TVL doubled in 2024, now at 13.2M SOL (~$1.79B)!
๐ถ Partnerships: Twilight, Vault Receipt Tokens, Fragmetric, and more. In June, they teamed up with Phantom for seamless liquid staking integration.
๐ Technical Analysis:
๐ธ Correction from ATH: -57%, holding stronger than other alts.
๐ธ Uptrend since January 2024, currently at key support.
๐ธ Large capital accumulation since May 2024 at an avg price of 2.72.
๐ฐ Entry Strategy:
1๏ธโฃ Buy at 2.31 (market)
2๏ธโฃ Limit at 1.88
3๏ธโฃ Limit at 1.53
๐ฏ Targets:
1๏ธโฃ 3.23 (+40%)
2๏ธโฃ 4.61 (+99%)
3๏ธโฃ 6.73 (+191%)
4๏ธโฃ 9.95 (+329%)
๐จ Jito is the first liquid staking protocol on Solana, attracting validators, projects, and market participants with growing TVL. #Solana #MEV #Jito #CryptoNews #DeFi #Blockchain #Staking
๐๐จ๐๐๐ฒ, ๐๐๐ ๐๐จ๐๐ข๐๐ญ๐ฒ ๐ฅ๐๐ฎ๐ง๐๐ก๐๐ฌ ๐ ๐๐ข๐ซ๐ฌ๐ญ ๐จ๐ ๐ข๐ญ๐ฌ ๐ค๐ข๐ง๐ ๐ข๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐ ๐ญ๐จ ๐ฎ๐ซ๐ ๐ ๐ ๐ซ๐๐ง๐๐ ๐ญ๐จ #FREEDUROV.
An Open Letter Mini App in Telegram.
Anyone who values privacy and freedom of speech should sign this letter to French authorities. We hope to reach hundreds of millions of signatures.
We urge the French authorities to:
1๏ธโฃ Free Mr. Pavel Durov from detention.
2๏ธโฃ Allow Telegram to protect the freedom of expression and right to private life for its users.
The #DigitalResistance is now. #FREEDUROV.
๐ ๐๐ฌ ๐๐ฅ๐ฐ๐๐ฒ๐ฌ, ๐ฌ๐ก๐๐ซ๐ ๐ญ๐ก๐ข๐ฌ ๐ฉ๐จ๐ฌ๐ญ ๐ฎ๐ฌ๐ข๐ง๐ #FREEDUROV, ๐๐ง๐ ๐ง๐จ๐ฐ ๐ฌ๐ข๐ ๐ง ๐ญ๐ก๐ ๐๐ฉ๐๐ง ๐๐๐ญ๐ญ๐๐ซ ๐ข๐ง ๐๐๐ฅ๐๐ ๐ซ๐๐ฆ: https://t.co/GRbGgGA8d8
๐จ #Futures Alert ๐จ
๐ป $NULS SHORT (SELL) with x5 leverage, isolated margin.
๐ The instrument got listed on Binance futures today with +30% growth. Local price action hit a peak, followed by a sharp dump, with sellers now dominating. I'm attempting a short position with a tight stop.
๐ ๏ธ Setup:
Entry: $0.5371 or a pullback (0.5% of futures account deposit)
Position Add: None
Stop-loss: $0.5860
๐ฏ Targets:
1๏ธโฃ $0.5064
2๏ธโฃ $0.4855
3๏ธโฃ $0.4410
4๏ธโฃ $0.4110
5๏ธโฃ Hold remainder 5-10% ๐ป
#NULS #CryptoFutures #TradingSetup #ShortPosition
Here are some examples of current portfolios you can use as a guide when creating your own. The portfolios are categorized by risk level based on your strategy.
**Conservative:**
- 60% โ Tier-1, comprised of 50% #BTC, 30% #ETH, and 20% #SOL
- 40% โ Stablecoins, split evenly between 50% #USDC and 50% #USDT
**Moderate:**
- 60% โ Tier-1, consisting of 50% #BTC, 30% #ETH, and 20% #SOL
- 20% โ Tier-2 (Alts) equally divided among #TON, #APTOS, #CHIA, #ARB, and #ATOM
- 20% โ Stablecoins
**Aggressive:**
- 50% โ Tier-1, with allocations of 30% #BTC, 40% #ETH, and 30% #SOL
- 30% โ Tier-2, evenly distributed among #TON, #APTOS, #CHIA, #ARB, and #ATOM
- 10% โ Tier-3 (Risk Alts), broken down into 20% #OP, 15% #STRK, 15% #TIA, 10% #RUNE, 10% #CRV, 10% #NOT, 10% #JUP, 5% #DOGS (to be added after a dip during listing), and 5% #BLUM (to be added after a dip during listing)
- 10% โ Stablecoins
โ๏ธAlways remember the risks: invest only what you're willing to lose. If you're worried about your portfolio, it might be poorly balanced. Make sure you have assets that can offset losses in other positions.
When managing your portfolio, rely on your own observations and logical reasoning. Happy investing! ๐
Market Update:
๐ BTC: Local liquidity sweep on both sides.
๐ข For risk assets, the current situation is positive in the long run as investors are highly confident in a Fed rate cut.
๐ the U.S. Consumer Price Index (CPI) report was released.
Market Expectation: Inflation remains steady at 3.0%.
Actual: 2.9%
โ ๏ธ Caution: Avoid high-leverage speculation as volatility might increase.
#Crypto #BTC #MarketUpdate #Inflation #Trading
Coin Targets:
- #ICP: Correction zone at $3-5, targets above $19 ๐
- #HNT: Targets above $12 ๐
- #ATOM: Target between $7-10 ๐ฐ
- #IMX: Target at $2 ๐
- #DYDX: Target at $2.6 ๐
- #IRON: Target at $1.1 โ๏ธ
- #CELO: Need to break the low at $0.34 ๐
- #COMP: Target at $145 ๐ต
- #ARB: Targets at $0.9 and $1.35 ๐ฏ
- #OP: Target at $2.6, a very weak coin โ ๏ธ
- #ATOM: Target between $7-10 ๐
- #ZEN: If it breaks the low, it will be quickly bought back ๐
- #APT: Target at $11.4 ๐
- #TIA: Target at $8.6 ๐
- #NEAR: Target at $6.9. Can buy at $2-3 ๐ธ
- #ZEC: Target between $76-108 ๐ช
- #W: Target at $0.5 ๐
- #ZK: Target at $0.13 ๐ท๏ธ
- #SHRAP: Just pouring down ๐ง๏ธ
- #STRK: Waiting for a correction to the $0.15 zone โณ
- #ONDO: Target between $0.9-1.4 ๐
- #FIL: Target at $7.4 ๐
- #WLD: Target at $3.8. Looks weak ๐ง
- #GFI: Target at $6.5. Correction zone at $0.8 ๐
- #ORCA: Target at $3.4 ๐
- #ENA: Target between $0.5-0.63 ๐
- #MANTA: Target at $1.4 ๐
- #SOL: Target at $210 and above ๐
- #TON: Target at new highs ๐
- #ALI: Target between $0.019-0.033 ๐ก
- #CHR: Target at $0.35 ๐
- #BLUR: Target at $0.23 ๐ซ๏ธ
- #HFT: Target at $0.35 ๐
- #SUI: Target at $1.2 ๐
- #ROSE: Target at $0.078 ๐น
- #XLM: Waiting for a correction in the $0.05 zone. Target at $0.2 ๐ฏ
- #XX: Target at $0.7 ๐ฅ
๐ What does smart money do during capitulations?
๐ Key actions:
1๏ธโฃ Whales bought 30K BTC ($1.7B) on August 5th. [Santiment](https://t.co/D7vJj04e11)
2๏ธโฃ BlackRock added 5K BTC. Balance: 343.47K BTC. [Arkham](https://t.co/bhaPULrmrk)
3๏ธโฃ Bitcoin hashrate near ATH. [Glassnode](https://t.co/nEfOnA7G4W)
4๏ธโฃ BTC outflows from exchanges. [Glassnode](https://t.co/IndelG8x0l)
5๏ธโฃ Record BTC ETF volume: $5.24B, mainly from BlackRock. [Soso Value](https://t.co/wuJtWeJcRX)
๐ BTC correction from ATH: -33%.
โ๏ธ Key takeaways:
๐ Donโt trust news. Media profits from your fear.
๐ Mitigate risks before key macro data releases.
๐ Use 1H or 1D charts for a broader view.
๐ Buy when it's scary!
#Bitcoin #Crypto #BTC #Investing #Blockchain #Cryptocurrency