crypt.kx

Crypto and Finance Enthusiast || @MEXC_Global and @BingXOfficial affiliate || DM for Collabs 📨

[crypt.kx @KxCrypt]

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[Conor @jconorgrogan]

There were nearly 1 million new crypto tokens created in the last month, a number that is 2x the total number ever made on Ethereum from 2015-2023

[crypt.kx @KxCrypt]

🚀 Exciting news! 🚀 Binance is launching spot copy trading, inviting lead traders to join the first-ever Spot Copy Trading Tournament! With as little as $500, you can start copying expert portfolios and enjoy profit sharing benefits. @binance

[Crypto Rover @cryptorover]

Historically May is a very bad month for #Bitcoin

Should we sell in May & go away?

[crypt.kx @KxCrypt]

BNB's pushing the power resistance and edging closer to its all-time high of $686. With the current market momentum, a revisit to that range seems imminent! 🔥

The $610 zone is critical, having rejected BNB several times before. Keeping a close eye on this! Updates coming soon.

[crypt.kx @KxCrypt]

What a beautiful sight. #BTC finally broke above the 71K line and is currently seeking to take support on the 71K line. If the support holds, #BTC should shoot back to 74K which would be a hard nut to crack for the market. Let's move 💪

[crypt.kx @KxCrypt]

Ladies and gentlemen, the moment we've been waiting for!!!

$ENA has finally crossed $1. What an amazing feat for the team. Congratulations to the entire team that has been working on this project tirelessly.

[crypt.kx @KxCrypt]

#BTC got rejected at exactly at 66.5k as per my drawing and is looking to take support at even lower levels. 63k could be the target that it's heading for.

[crypt.kx @KxCrypt]

@RyManFoo That would be huge

[crypt.kx @KxCrypt]

$ENA is an a sort of side ways movement as it has broken the upward momentum. This is also a good sign as it's creating multiple support points of ENA. Do you guys see $ENA hitting $1 anytime soon?

[crypt.kx @KxCrypt]

Heartiest congratulations to @SugarKingdomNFT for their launch today on @MEXC_Official. This is just the start for them and hopefully this project goes very big in the near future. I’ll be rooting for them. $SKO

[crypt.kx @KxCrypt]

how's everybody's portfolio looking today? I'm just seeing red all around 😵

[crypt.kx @KxCrypt]

Bitcoin's 30-day historical volatility hit nearly 60%, surpassing ethereum's by almost 10 points. This is the widest spread in a year, per Kaiko data. Volatility measures price turbulence over a set period. #Bitcoin #Ethereum

Reported by CoinDesk

[crypt.kx @KxCrypt]

In short, Ethena Labs provides cutting-edge solutions for the DeFi market, but before making an investment, consumers should be informed of the hazards involved. I personally think this has great chance of succeeding given the time and resources. I'll keep my eye on this project

[crypt.kx @KxCrypt]

So Binance recently announced, they're introducing $ENA (@ethena) on launchpool. I did some studies and found out some information.

They're going to have their very own stablecoin. It's called USDe. And they have more exiting features. 🧵 below -

[crypt.kx @KxCrypt]

USDe is not the only invention they will have. They also plan on introducing Internet bonds. The interest would probably come from the yield that USDe produces, giving you an opportunity to get passive income from your USDe investments.

[crypt.kx @KxCrypt]

They will have two types of yield generation. One is Staking and other is funding basis spread. In staking you can stake Etherium to gain rewards.

[crypt.kx @KxCrypt]

Ethena Labs uses delta hedging to maintain the peg between USDe and the US dollar. This way they can maintain their stable coin and keep the price pegged.

[crypt.kx @KxCrypt]

With halving approaching mid April, its a safe prediction that the price of #BTC might shoot up. As supply goes down and the demand stays the same or goes higher, we can expect to see a good price jump. Let's wait and see!

[crypt.kx @KxCrypt]

Look at this amazing jump from the last support. More than 6% jump within the last few hours. And #BTC is back to 71K. Target is 73K.

[crypt.kx @KxCrypt]

$BOME has made quiet the name for itself after the launch on @Binace and they have started to pump back. Just in the last 24 hrs, $BOME has pumped more than 11%.