#Bitcoin Cost-Basis

[recentlyheardcom]

These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals

An analyst has revealed the Bitcoin price zones that could act as major support and resistance centers for the cryptocurrency. A Large Number Of Investors Bought Bitcoin Inside These Zones In a new post on X, CryptoQuant author IT Tech has discussed the Bitcoin price levels that could act as support and resistance for BTC. In on-chain analysis, the potential for any price level to behave in this…

[sexymemecoin]

The Emergence of NFTs: Transforming Digital Ownership and Creativity

Non-Fungible Tokens (NFTs) have revolutionized the way we think about digital ownership, art, and collectibles. By leveraging blockchain technology, NFTs provide a way to create, buy, sell, and own unique digital assets with verifiable provenance and scarcity. This article explores the world of NFTs, their impact on various industries, key benefits and challenges, and notable projects, including a brief mention of Sexy Meme Coin.

What Are NFTs?

NFTs, or Non-Fungible Tokens, are unique digital assets that represent ownership of a specific item or piece of content, such as art, music, videos, virtual real estate, and more. Unlike cryptocurrencies like Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are indivisible and unique. Each NFT is recorded on a blockchain, ensuring transparency, security, and verifiability of ownership.

The Rise of NFTs

NFTs gained mainstream attention in 2021 when digital artist Beeple sold an NFT artwork for $69 million at Christie's auction house. This landmark event highlighted the potential of NFTs to transform the art world by providing artists with new revenue streams and collectors with verifiable digital ownership.

Since then, NFTs have exploded in popularity, with various industries exploring their potential applications. From gaming and music to real estate and fashion, NFTs are creating new opportunities for creators, businesses, and investors.

Key Benefits of NFTs

Digital Ownership: NFTs provide a way to establish true digital ownership of assets. Each NFT is unique and can be traced back to its original creator, ensuring authenticity and provenance. This is particularly valuable in the art and collectibles market, where forgery and fraud are significant concerns.

Monetization for Creators: NFTs enable creators to monetize their digital content directly. Artists, musicians, and other content creators can sell their work as NFTs, earning revenue without relying on intermediaries. Additionally, smart contracts can be programmed to provide creators with royalties each time their NFT is resold, ensuring ongoing income.

Interoperability: NFTs can be used across different platforms and ecosystems, allowing for interoperability in the digital world. For example, NFTs representing in-game items can be traded or used across multiple games and virtual worlds, enhancing their utility and value.

Scarcity and Collectibility: NFTs introduce scarcity into the digital realm by creating limited editions or one-of-a-kind items. This scarcity drives the collectibility of NFTs, similar to physical collectibles like rare coins or trading cards.

Challenges Facing NFTs

Environmental Impact: The creation and trading of NFTs, especially on energy-intensive blockchains like Ethereum, have raised concerns about their environmental impact. Efforts are being made to develop more sustainable blockchain solutions, such as Ethereum's transition to a proof-of-stake consensus mechanism.

Market Volatility: The NFT market is highly speculative and can be volatile. Prices for NFTs can fluctuate significantly based on trends, demand, and market sentiment. This volatility poses risks for both creators and investors.

Intellectual Property Issues: NFTs can raise complex intellectual property issues, particularly when it comes to verifying the rightful owner or creator of the digital content. Ensuring that NFTs are legally compliant and respect intellectual property rights is crucial.

Access and Inclusivity: The high costs associated with minting and purchasing NFTs can limit accessibility for some creators and collectors. Reducing these barriers is essential for fostering a more inclusive NFT ecosystem.

Notable NFT Projects

CryptoPunks: CryptoPunks are one of the earliest and most iconic NFT projects. Created by Larva Labs, CryptoPunks are 10,000 unique 24x24 pixel art characters that have become highly sought-after collectibles.

Bored Ape Yacht Club: Bored Ape Yacht Club (BAYC) is a popular NFT collection featuring 10,000 unique hand-drawn ape avatars. Owners of these NFTs gain access to exclusive events and benefits, creating a strong community around the project.

Decentraland: Decentraland is a virtual world where users can buy, sell, and develop virtual real estate as NFTs. This platform allows for the creation of virtual experiences, games, and social spaces, showcasing the potential of NFTs in the metaverse.

NBA Top Shot: NBA Top Shot is a platform that allows users to buy, sell, and trade officially licensed NBA collectible highlights. These video clips, known as "moments," are sold as NFTs and have become popular among sports fans and collectors.

Sexy Meme Coin (SXYM): Sexy Meme Coin integrates NFTs into its platform, offering a decentralized marketplace where users can buy, sell, and trade memes as NFTs. This unique approach combines humor and finance, adding a distinct flavor to the NFT landscape. Learn more about Sexy Meme Coin at Sexy Meme Coin.

The Future of NFTs

The future of NFTs is bright, with continuous innovation and expanding use cases. As technology advances and more industries explore the potential of NFTs, we can expect to see new applications and opportunities emerge. From virtual fashion and digital identities to decentralized finance (DeFi) and beyond, NFTs are poised to reshape various aspects of our digital lives.

Efforts to address environmental concerns, improve accessibility, and ensure legal compliance will be crucial for the sustainable growth of the NFT ecosystem. Collaboration between creators, platforms, and regulators will help build a more robust and inclusive market.

Conclusion

NFTs have ushered in a new era of digital ownership, creativity, and innovation. By providing verifiable ownership and provenance, NFTs are transforming industries ranging from art and entertainment to gaming and virtual real estate. While challenges remain, the potential benefits of NFTs and their ability to empower creators and engage communities make them a significant force in the digital economy.

For those interested in the playful and innovative side of the NFT market, Sexy Meme Coin offers a unique and entertaining platform. Visit Sexy Meme Coin to explore this exciting project and join the community.

[centfx]

Centfx

Bitcoin price (BTCUSD) activates the positive scenario

    Bitcoin price (BTCUSD) opened strongly today to break the previous level and pave the way for further gains on an intraday and short-term basis, with targets of 63230.00$ and 65480.00$ as the next major stations. In the previous sessions, the price of BTCUSD confirmed breaking through the 58660.00$ level to reach 60325.00$ as a first positive station.

Because of the previously completed double bottom pattern, we therefore anticipate further rise in the upcoming sessions. It should be noted, however, that the continuation of the bullish wave is contingent upon price stability above $60325.00$.

Today's trading is expected to be in the range of 61000.00$ support to 65480.00$ resistance.

[unpluggedfinancial]

How the SEC’s Rumored Rate Cut Could Supercharge Bitcoin’s Momentum

The financial world is buzzing with rumors about the upcoming SEC meeting on September 18th. Analysts are speculating that we could see a significant interest rate cut—potentially a full 50 basis points. If this happens, it could ripple through markets worldwide, but one sector that stands to gain the most attention is Bitcoin.

In times of economic turbulence, Bitcoin has continuously proven itself to be an asset that defies traditional expectations. The upcoming SEC meeting may represent yet another turning point in its already fascinating evolution.

The Ripple Effect of Interest Rate Cuts on Traditional Markets

To understand why this is significant, it’s important to look at how interest rates influence traditional financial systems. When rates are high, borrowing becomes expensive, dampening consumer spending and corporate investment. Conversely, a rate cut encourages spending, stimulates investment, and injects liquidity into the markets.

Historically, interest rate cuts have caused stocks and bonds to rally. However, with rising inflation and increasing uncertainty in fiat currencies, many investors are questioning how long traditional markets can sustain their growth without inflating a massive bubble. This is where Bitcoin enters the picture as a hedge against economic instability.

Why Bitcoin Benefits from Lower Interest Rates

Bitcoin, often dubbed "digital gold," thrives in an environment of financial uncertainty. When central banks pump liquidity into the market by lowering interest rates, the excess capital needs somewhere to go. While traditional assets like stocks or real estate may rally in the short term, they are still tethered to an inflationary system.

Bitcoin, by contrast, operates on scarcity. Its fixed supply of 21 million coins makes it a deflationary asset, immune to the debasement seen in fiat currencies. When interest rates are cut, and more money flows into the economy, Bitcoin becomes increasingly attractive as a hedge against inflation.

Look back at early 2020: interest rate cuts across the board as a response to the COVID-19 pandemic saw a flood of liquidity enter the financial system. Not only did traditional markets recover, but Bitcoin's price surged to record highs, further solidifying its status as a store of value in uncertain times. A similar scenario may unfold following this rumored rate cut.

How This Potential Rate Cut Might Impact Bitcoin’s Price

If the SEC cuts interest rates by 50 basis points, it could trigger a similar injection of liquidity into global markets, causing a surge in speculative and institutional investment into Bitcoin. Lower interest rates often lead to a decrease in bond yields and traditional savings account returns, prompting investors to seek better returns elsewhere. With inflation rising, Bitcoin’s status as a hedge becomes even more compelling.

Furthermore, as the Fed continues to shift monetary policies to avoid a recession, more people are losing faith in fiat currencies. Bitcoin, with its decentralized nature and inherent scarcity, is increasingly seen as a safe haven during these periods of monetary manipulation.

This rate cut could bring a new wave of institutional buyers who recognize that traditional assets are over-leveraged and potentially overvalued. They may turn to Bitcoin as a hedge against continued inflation and fiat devaluation, adding more momentum to its upward trajectory.

Mitigating Volatility with a Dollar-Cost Averaging (DCA) Strategy

While Bitcoin’s potential for growth is significant, it’s also known for its volatility. Sudden price fluctuations can be daunting for both new and experienced investors. This is where a Dollar-Cost Averaging (DCA) strategy becomes crucial.

DCA involves investing a fixed amount of money into Bitcoin at regular intervals, regardless of the asset’s price. By spreading out your investment over time, you reduce the risk of buying large amounts at a market peak and capitalize on market dips. This method helps smooth out the highs and lows of Bitcoin’s price movements and reduces the emotional stress that often accompanies trying to time the market.

In the long term, DCA allows investors to accumulate more Bitcoin at a lower average cost. It is a disciplined, low-risk approach to building wealth in Bitcoin, particularly useful in times of market uncertainty—like the potential market shift following the SEC's interest rate decision.

Bitcoin’s historical price volatility can be a deterrent to those not used to the crypto space, but a DCA strategy ensures that you keep building your position over time, regardless of short-term price swings. In the end, consistent accumulation of Bitcoin is a strategy that has proven to pay off for patient investors.

What This Means for the Bigger Picture

The SEC’s potential decision could be a pivotal moment in the ongoing adoption of Bitcoin. With inflation pressures looming, many people are looking for alternatives to protect their wealth. Centralized financial systems continue to show signs of fragility, and Bitcoin offers a way out—a decentralized, censorship-resistant alternative to fiat currencies.

In a world where central banks are losing control of their monetary policies, Bitcoin represents a beacon of financial independence. Every rate cut further highlights the cracks in the existing financial system, and each one brings Bitcoin closer to mainstream acceptance.

Conclusion: Preparing for What’s Next

September 18th could mark a major turning point in both traditional markets and the Bitcoin ecosystem. If the SEC moves forward with the rumored rate cut, expect a ripple effect that will send Bitcoin into another wave of adoption and price appreciation. As we’ve seen in previous market cycles, Bitcoin thrives when the rules of fiat finance begin to falter.

For Bitcoiners, this moment reinforces the importance of staying the course. While short-term market fluctuations can be nerve-wracking, the long-term trajectory is clear: Bitcoin is the future of money, and its value proposition strengthens as centralized systems continue to stumble. This potential rate cut is just one more chapter in the ongoing story of Bitcoin’s inevitable rise.

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[avidtrader]

If You Are STILL Bearish After Today You NEED To Watch This!

If You Are STILL 🐻 Bearish After Today You NEED To Watch This! https://www.youtube.com/watch?v=gRvqg_tdmOc Is Wall Street Bearish After Witnessing The FED Cut Interest Rates By 50 Basis Points? In this video, I give a straightforward perspective on why I believe this will be very positive for both bitcoin and equities. ✅Time Line 0:00 Are Bears Crazy Or Bulls Delusional? 0:28 A Long Time Coming 0:48 Expectations Priced In 1:05 Why This is a Positive 1:36 Inflation 1:56 Cost of Living, Consumer Goods 2:09 $10/Gal Gas 2:52 Consumer Sentiment: Spending 3:34 Fed Supporting Labor Markets 4:13 1 Trillion in Interest Every 100 Days 4:38 $SPX Technical Levels 5:16 Tomorrow We Blast Off? ✅ Subscribe To My Channel For More Videos: https://www.youtube.com/@AvidTrader/?sub_confirmation=1 ✅ Stay Connected With Me: 👉 (X)Twitter: https://twitter.com/RealAvidTrader 👉 Stocktwits: https://ift.tt/CKzvw14 👉 Instagram: https://ift.tt/yWuxQNC ============================== ✅ Other Videos You Might Be Interested In Watching: 👉 The ULTIMATE Guide to Finding Hidden Gem Stocks | AvidTrader https://youtu.be/pZAKJLk9o0I 👉 🧨GameStop Short Squeeze 2.0 Incoming??🧨 https://youtu.be/XeFVaq4BHfU 👉 🙌💎 When Should You Diamond Hand a Stock? 💎🙌 https://youtu.be/ZO62i0cq0PQ 👉 This Penny Stock is a GUARANTEED Double!! https://youtu.be/Yx6wZNz95dM ============================= ✅ About AvidTrader: Value Investor. Discussing Day & Swing Trades Also Long Term Investments! Stock Breakdowns. Grow Your Trading Account Effectively. Technical Analysis and Pattern Recognition. How to Make Money, But More Importantly Learning & Having Fun in The Process! Avid Trader is not a Series 7 licensed investment professional, but a digital marketing manager/content creator to publicly traded and privately held companies. Avid Trader receives compensation from its clients in the form of cash and restricted securities for consulting services. 🔔 Subscribe to my channel for more videos: https://www.youtube.com/@AvidTrader/?sub_confirmation=1 ===================== #fed #ratecuts #stockmarket #marketcrash #recession #marketnews #avidtrader #bitcoinnews #powell Disclaimer: We do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of our publications. You acknowledge that you use the information we provide at your own risk. I am not a certified financial advisor and you must do your own research and due diligence before ever buying or selling a stock. never trade solely based on someone else's word or expectations of a stock! Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use © AvidTrader via AvidTrader https://www.youtube.com/channel/UCK_XU3FW-ffEK8BG5EisnNA September 19, 2024 at 09:54AM

[tradeemais]

Muito foi feito sobre o histórico de preços do Bitcoin em setembro, colocando holofotes extras na maior criptomoeda por capitalização de mercado. Apesar do início um tanto instável e das expectativas geralmente pessimistas, a principal criptomoeda não teve exatamente um período lamentável neste mês historicamente negativo.O preço do BTC tem tido uma boa corrida nos últimos sete dias, quebrando o nível psicológico de US$ 60.000 para fechar a semana. Um popular especialista em criptomoedas, no entanto, apresentou um prognóstico interessante para o preço do Bitcoin nos pr��ximos dias. Preço do BTC se aproximando da resistência chave — aqui está o nívelEm uma nova publicação na plataforma X, o proeminente analista de criptomoedas Ali Martinez revelou que o último aumento de preço do Bitcoin pode enfrentar grande resistência on-chain em torno da zona de US$ 60.680. Esta análise é baseada na distribuição de base de custo do fornecimento de BTC em torno do valor spot atual da criptomoeda principal.Na análise de base de custo, o potencial de um nível de atuar como suporte ou resistência depende da quantidade total de moedas adquiridas pela última vez pelos investidores no nível. Conforme mostrado no gráfico abaixo, o tamanho do ponto reflete e é diretamente proporcional ao número de bitcoins comprados dentro da faixa de preço correspondente. Cost-basis distribution of the BTC supply around current price | Source: Ali_charts/XO gráfico acima ilustra que a faixa de preço de $59.885 – $61.625 está atualmente cheia de investidores. De acordo com dados do IntoTheBlock, 1,52 milhões de endereços compraram mais de 770.390 BTC (equivalente a cerca de $40,6 bilhões) entre a faixa de preço. Martinez destacou que esse nível de preço de $59.885 – $61.625 pode atuar como uma grande zona de resistência porque os investidores provavelmente farão um movimento quando um ativo retornar à sua base de custo. Normalmente, os investidores que estavam no vermelho antes podem querer vender rapidamente suas participações assim que entrarem no lucro, o que pode colocar uma barreira no preço do Bitcoin. Martinez observou em seu post que o preço do Bitcoin pode subir para $ 64.300 se a zona de resistência de $ 59.885 – $ 61.625 for violada. No entanto, se o preço não conseguir romper essa resistência, um drawdown para o nível de $ 57.235 é possível. Preço do Bitcoin em resumoNo momento em que este artigo foi escrito, o preço do Bitcoin estava em torno de US$ 60.429, refletindo um aumento de 4,1% nas últimas 24 horas. O desempenho da principal criptomoeda é ainda mais impressionante no período maior. De acordo com dados da CoinGecko, o preço do Bitcoin subiu mais de 13% nos últimos sete dias.Bitcoin price breaks above the $60,000 level on the daily timeframe | Source: BTCUSDT chart on TradingView

[tradmais]

Muito foi feito sobre o histórico de preços do Bitcoin em setembro, colocando holofotes extras na maior criptomoeda por capitalização de mercado. Apesar do início um tanto instável e das expectativas geralmente pessimistas, a principal criptomoeda não teve exatamente um período lamentável neste mês historicamente negativo.O preço do BTC tem tido uma boa corrida nos últimos sete dias, quebrando o nível psicológico de US$ 60.000 para fechar a semana. Um popular especialista em criptomoedas, no entanto, apresentou um prognóstico interessante para o preço do Bitcoin nos próximos dias. Preço do BTC se aproximando da resistência chave — aqui está o nívelEm uma nova publicação na plataforma X, o proeminente analista de criptomoedas Ali Martinez revelou que o último aumento de preço do Bitcoin pode enfrentar grande resistência on-chain em torno da zona de US$ 60.680. Esta análise é baseada na distribuição de base de custo do fornecimento de BTC em torno do valor spot atual da criptomoeda principal.Na análise de base de custo, o potencial de um nível de atuar como suporte ou resistência depende da quantidade total de moedas adquiridas pela última vez pelos investidores no nível. Conforme mostrado no gráfico abaixo, o tamanho do ponto reflete e é diretamente proporcional ao número de bitcoins comprados dentro da faixa de preço correspondente. Cost-basis distribution of the BTC supply around current price | Source: Ali_charts/XO gráfico acima ilustra que a faixa de preço de $59.885 – $61.625 está atualmente cheia de investidores. De acordo com dados do IntoTheBlock, 1,52 milhões de endereços compraram mais de 770.390 BTC (equivalente a cerca de $40,6 bilhões) entre a faixa de preço. Martinez destacou que esse nível de preço de $59.885 – $61.625 pode atuar como uma grande zona de resistência porque os investidores provavelmente farão um movimento quando um ativo retornar à sua base de custo. Normalmente, os investidores que estavam no vermelho antes podem querer vender rapidamente suas participações assim que entrarem no lucro, o que pode colocar uma barreira no preço do Bitcoin. Martinez observou em seu post que o preço do Bitcoin pode subir para $ 64.300 se a zona de resistência de $ 59.885 – $ 61.625 for violada. No entanto, se o preço não conseguir romper essa resistência, um drawdown para o nível de $ 57.235 é possível. Preço do Bitcoin em resumoNo momento em que este artigo foi escrito, o preço do Bitcoin estava em torno de US$ 60.429, refletindo um aumento de 4,1% nas últimas 24 horas. O desempenho da principal criptomoeda é ainda mais impressionante no período maior. De acordo com dados da CoinGecko, o preço do Bitcoin subiu mais de 13% nos últimos sete dias.Bitcoin price breaks above the $60,000 level on the daily timeframe | Source: BTCUSDT chart on TradingView

[coineagle]

Bitcoin Bull Cycle: Insights from Global M2 Money Supply Patterns

Key Points

Bitcoin’s potential surge is anticipated as global M2 money supply increases.

Strong on-chain metrics and historical trends favor Bitcoin’s potential uptrend.

Bitcoin [BTC], the top cryptocurrency, is currently in a state of uncertainty among various market participants. This is particularly true as the market anticipates improved conditions in the final quarter.

Bitcoin and Global M2 Money Supply

Historically, a surge in Bitcoin has been observed whenever the global M2 money supply has increased. Now that the global M2 has turned positive, a potential bull run is anticipated. This would be similar to the ones observed in late October 2023 and early January 2024, during which Bitcoin reached new all-time highs.

At the time of writing, BTC/USDT appears to be correcting in a bullish flag pattern. Another surge in Bitcoin could be on the horizon, with the expected Federal Reserve rate cut being a key factor.

Bitcoin’s Trading Range

Currently, Bitcoin is trading near the middle of its price range within a descending trend channel. A breakout to the upside could lead to a push towards the top of the channel and a potential breakout. The lower boundary is at $51k, while the upper resistance is at $66k.

Despite the consolidation, Bitcoin’s strength remains evident, especially as the bears have been unable to break the lower trendline. If Bitcoin breaks the upper trendline and stays above it, Bitcoin’s price could see a significant rally, potentially pushing it to new highs.

Market Sentiment and Accumulation

The MVRV z-score, an indicator of market sentiment, suggests that Bitcoin has been gradually declining while the network’s average on-chain cost basis has increased. This indicates low unrealized profits in the market, leaving more room for upward movement.

Furthermore, the number of Bitcoin addresses holding at least 0.1 BTC is nearing a new all-time high. This suggests that long-term holders, often referred to as “strong hands,” are accumulating Bitcoin, supporting the case for higher Bitcoin prices.

Bitcoin’s short-term holder net position change indicates that many recent buyers are now leaving. This is often a sign of market capitulation, signaling a potential bottom. When short-term holders capitulate, it often precedes a Bitcoin price surge.

In light of strong on-chain metrics and historical trends favoring an uptrend, Bitcoin’s price is poised for potential growth. This could be realized if global market conditions improve and the Federal Reserve implements a rate cut.

[blockinsider]

Bitcoin Investment Risks: CryptoQuant CEO Highlights Losses for New Custodial Wallets and ETFs

Key Points

New custodial wallets and ETF holders are facing losses in Bitcoin investment, according to CryptoQuant CEO Ki Young Ju.

Long-term investors and mining firms are currently making substantial profits.

Ki Young Ju, the CEO and founder of CryptoQuant, an on-chain market intelligence platform, has shared insights into disparities in Bitcoin profitability.

In a recent post on X (formerly Twitter), he analyzed three different groups, including miners, traders, and investors, and compared the prices they bought Bitcoin at with its present price of $57,000.

Profitability among Different Bitcoin Investors

Young Ju’s analysis suggests that only new custodial wallets and exchange-traded fund (ETF) holders are currently experiencing losses.

He argues that long-term investors and mining companies are currently enjoying significant profits.

According to Young Ju, custodial wallets and ETF holders, who entered the market at an average purchase price of $62,000 per Bitcoin, are suffering a 6% loss on their investments at current prices.

However, Bitcoin traders, who bought the asset at an average price of $55,000, currently have a modest 3% profit.

Mining firms, who secured their Bitcoin at an average price of $43,000, are sitting on a 32% profit margin.

Notably, the biggest gainers are the old whales, individuals or corporations that have held their crypto for many years.

With an average cost basis of just $27,000 per Bitcoin, these investors are currently seeing an outstanding 106% return on their investments.

This significant profit disparity between old investors and new market entrants demonstrates the benefits of a long-term strategy in the highly volatile crypto market.

Current State of the Market

At the time of writing, Bitcoin was trading at $58,164, up 0.20% over the last 24 hours.

Despite this slight gain, it’s clear that recent market entrants are still struggling.

In contrast, older investors are experiencing more profits amid the current price fluctuations.

Undoubtedly, more price swings will occur as the market continues to adjust.

However, as the crypto space continues to evolve with its unique characteristics, the division between profits and losses is likely to remain very distinct, especially for those who entered the market at Bitcoin’s most recent peak.

[elian7420]

Twaao Warning: As Unrealized Losses for Short-Term Holders Increase, Bitcoin Market Faces Pressure

The latest report from Twaao Exchange highlights that Bitcoin prices have stagnated over the past six months, with investor sentiment remaining subdued. From a macro perspective, the spot price of Bitcoin is still 22% below its all-time high, which is relatively modest compared to typical bull market corrections. However, short-term holders are experiencing significant unrealized losses, making them the most vulnerable group in the current market and a potential source of selling pressure if the market declines further.

Interplay Between Investor Sentiment and Market Trends

Twaao Exchange in the report indicates that despite limited price fluctuations in recent months, investor sentiment has undergone significant shifts. The stagnation in Bitcoin price over the past six months has unsettled market participants, and recent downward pressure has exacerbated these concerns. Twaao analysts suggest that this change in sentiment may be driven by several factors, including shifts in the macroeconomic environment, insufficient market liquidity, and uncertainty about future price trends.

The market performance over the past three months shows a gradual weakening in demand for Bitcoin, leading to a notable market correction. This correction is evident not only in prices but also in trading activity. Data from Twaao Exchange reveals that as the market declined, trading volumes decreased, and unrealized losses increased, indicating that short-term holders are bearing much of the market pressure.

Challenges Faced by Short-Term Holders and Market Outlook

Short-term holders are currently facing high levels of unrealized losses, marking them as the most vulnerable group in the current market environment. Twaao Exchange notes that the MVRV (Market Value to Realized Value) ratio for short-term holders has fallen below the breakeven point of 1.0, meaning that on average, new investors are holding positions at a loss. While short-term holders represent new demand in the market, their dominant unrealized losses introduce instability.

Twaao analysts believe that unless Bitcoin prices return to the cost basis for short-term holders, which is $62,400, the market is likely to remain weak. The overall market condition hinges on how these short-term holders cope with their current losses. Should these investors opt to sell assets during market downturns, it could exacerbate downward pressure, leading to further price declines.

Despite the challenges faced by short-term holders, the overall market still demonstrates resilience. Most long-term investors remain profitable at current price levels, indicating strong market fundamentals. The stable positions of long-term investors may provide support amid short-term volatility, preventing excessive panic in the market.

Market Volatility and Future Investment Strategies

Twaao Exchange suggests that while current Bitcoin price volatility is low, key indicators such as the seller risk ratio imply potential for increased volatility ahead. The current price range is nearing saturation, and market participants should closely monitor price changes and their impact on trading activity. As market liquidity tightens, the cryptocurrency market may enter a new phase of volatility.

In this context, Twaao Exchange advises investors to maintain flexibility in their investment strategies. Given the heightened risk faced by short-term holders, investors should assess their risk tolerance and adjust their portfolios accordingly based on market dynamics. Considering market uncertainties, diversification and risk management are effective strategies to protect assets in an increasingly volatile market environment.

Twaao cautions market participants that although Bitcoin prices may fluctuate in the short term due to liquidity constraints, the cryptocurrency bull market is likely to resume in the long term as market conditions improve and liquidity returns. Investors should remain patient and attentive to market signals to seize investment opportunities at the right time.

[recentlyheardcom]

Bitcoin Forming A Signal That's Usually "Very Bullish," Analyst Says

An analyst has identified how Bitcoin is again above the price foundation of the short-term holders, an indication that may be bullish for the asset. Bitcoin Is Again Above The Realized Value Of Brief-Time period Holders As defined by CryptoQuant neighborhood supervisor Maartunn in a brand new publish on X, BTC has reclaimed the Realized Value of the short-term holders. The “Realized Value” right…

[cashapp-bitcoin-withdrawal-limit]

Cash App ATM Withdrawal Limits: Daily, Weekly, and Monthly Explained

Cash App has emerged as a popular choice for individuals seeking a simple and efficient way to handle financial transactions. The ability to withdraw money from an ATM using a Cash App card is particularly appealing among its many features. However, understanding the Cash App ATM withdrawal limits is crucial to avoid surprises. This comprehensive guide will delve into the specifics of the Cash App ATM withdrawal limit, providing you with all the information you need to make informed decisions.

Introduction

Cash App has become a go-to for many users as digital payment solutions gain traction. Cash App offers a versatile platform for various financial activities, whether you're transferring funds, receiving payments, or even buying Bitcoin. One of the most convenient features is the ability to use a Cash App card to withdraw money from ATMs. But how much can you get off Cash App at an ATM? Understanding the Cash App ATM withdrawal limit is essential for effective financial planning and avoiding any inconvenience when you need cash the most.

What are the different Cash App ATM Withdrawal Limits?

The Cash App ATM withdrawal limit is crucial to consider when planning your finances. This limit dictates the maximum amount of cash you can withdraw from an ATM using your Cash App card within a specified period. Here are the key points you need to know:

Daily Withdrawal Limit: Cash App users' standard daily withdrawal limit is $1,000. You can withdraw up to $1,000 from an ATM daily using your Cash App card.

Weekly Withdrawal Limit: Cash App also imposes a weekly withdrawal limit of $1,000. This limit is calculated on a rolling basis, considering the total amount withdrawn over the past seven days.

Monthly Withdrawal Limit: Although not as commonly referenced, it's essential to understand that Cash App may also have a monthly withdrawal limit, typically around $7,000.

What are the Cash App Bitcoin Withdrawal Limits?

For those who use Cash App for Bitcoin transactions, it's important to note that there are separate limits for Bitcoin withdrawals. The Cash App Bitcoin withdrawal limit is typically set at $2,000 per day and $5,000 per week. These limits ensure the security of your cryptocurrency assets and comply with regulatory requirements.

How to Increase Your Cash App Withdrawal Limit

You can request an increase if the standard withdrawal limits are insufficient for your needs. Here's how to increase Cash App withdrawal limit:

Verify Your Identity: The first step to increasing your withdrawal limit is to verify your identity within the Cash App. This involves providing additional information such as your full name, date of birth, and the last four digits of your Social Security number.

Contact Support: Once your identity is verified, you can contact Cash App support to request a higher withdrawal limit. Be prepared to explain why you need an increase and provide any necessary documentation to support your request.

Maintain a Good Account Standing: Ensure your Cash App account is standing well. This includes regular usage, no history of suspicious activity, and prompt resolution of any issues.

What are the Fees Associated with Cash App ATM Withdrawals?

You can easily withdraw money from Cash App card, but knowing the associated fees is important. Cash App charges a $2.50 fee per withdrawal. The ATM operator may impose its own cost, depending on the bank or ATM network.

Consider using ATMs within the Visa network to minimise fees, as they tend to have lower charges. Also, Cash App offers a way to get reimbursed for ATM fees if you receive direct deposits of at least $300 per month into your Cash App account. This feature can help you save on withdrawal costs.

FAQs

1. What is the Cash App ATM withdrawal limit?

The standard Cash App ATM limit per day is $1,000, with a weekly limit of $1,000.

2. How can I increase my Cash App withdrawal limit?

To increase your withdrawal limit, verify your identity within the app and contact Cash App support to request a higher limit.

3. Are there fees for using Cash App at an ATM?

Cash App charges a $2.50 fee per withdrawal, and the ATM operator may impose additional fees.

4. What is the Bitcoin withdrawal limit on Cash App?

The Bitcoin withdrawal limit is $2,000 per day and $5,000 per week.

5. Can I get reimbursed for ATM fees with Cash App?

Yes, if you receive direct deposits of at least $300 per month into your Cash App account, you can get reimbursed for ATM fees.

6. What happens if I exceed my withdrawal limit?

The transaction will be declined if you attempt to withdraw more than the allowed limit. Plan your withdrawals to stay within the limits.

7. How do I check my current Cash App withdrawal limit?

You can check your withdrawal limit in the Cash App settings under the "Limits" section.

8. Does Cash App have a monthly withdrawal limit?

While not commonly referenced, Cash App may have a monthly withdrawal limit, typically around $7,000.

Conclusion

Understanding the Cash App ATM limit is essential for managing your finances effectively. By knowing the daily and weekly limits, associated fees, and how to request an increase, you can make the most of your Cash App experience. Whether withdrawing cash, managing Bitcoin transactions, or planning your financial activities, staying informed about these limits will help avoid inconveniences. Please get in touch with Cash App support for guidance if you have further questions or need assistance.

[unpluggedfinancial]

How Bitcoin is Revolutionizing Financial Freedom

In today's world, financial freedom is a dream many aspire to but few achieve. Traditional financial systems, with their inherent limitations and inefficiencies, often stand as barriers to true financial autonomy. Enter Bitcoin: a revolutionary tool that promises to redefine our understanding of money and financial independence. As we embark on this journey, we'll explore how Bitcoin is not just a digital currency but a catalyst for a new era of financial freedom.

Understanding Financial Freedom

Financial freedom is more than just having enough money to meet your needs; it's about having control over your finances without being shackled by external constraints. It means the ability to make choices that are best for you and your loved ones without constant financial stress. However, the current financial system poses significant obstacles: inflation erodes the value of savings, banking restrictions limit access to financial services, and high fees eat away at hard-earned money. These issues highlight the need for an alternative, and Bitcoin offers a compelling solution.

Bitcoin's Role in Achieving Financial Freedom

Decentralization

Bitcoin operates on a decentralized network, meaning it doesn't rely on a central authority like banks or governments. This decentralization removes intermediaries from financial transactions, reducing costs and increasing efficiency. With Bitcoin, individuals can send and receive money directly, anywhere in the world, without the need for approval from a third party.

Security

The security of Bitcoin lies in its blockchain technology. Every transaction is recorded on a public ledger, which is virtually tamper-proof due to its decentralized nature. This transparency ensures trust and reliability, making Bitcoin a secure store of value. Unlike traditional currencies, which can be manipulated or devalued, Bitcoin's supply is fixed, providing a hedge against inflation and monetary instability.

Accessibility

One of the most transformative aspects of Bitcoin is its accessibility. In many parts of the world, people lack access to basic banking services. Bitcoin opens up financial opportunities for the unbanked and underbanked populations, providing a way to save, invest, and transfer money without the need for a traditional bank account. All that is required is an internet connection and a digital wallet.

Control and Ownership

Bitcoin empowers individuals with true ownership of their assets. When you hold Bitcoin, you are in complete control of your funds. There are no banks that can freeze your account or governments that can seize your assets. This level of control is unprecedented and a key component of financial freedom.

Dollar-Cost Averaging (DCA) into Bitcoin

Dollar-Cost Averaging (DCA) is a strategy that involves investing a fixed amount of money into Bitcoin at regular intervals, regardless of the price. This approach mitigates the impact of market volatility, smoothing out the highs and lows over time. DCA is particularly effective in the volatile world of cryptocurrencies, making it a prudent strategy for those looking to build wealth steadily.

To implement a DCA strategy, start by determining how much you can comfortably invest on a regular basis, whether it's weekly, bi-weekly, or monthly. Then, set up automatic purchases of Bitcoin with that fixed amount. Over time, you'll accumulate Bitcoin at an average cost, reducing the risk associated with market fluctuations.

Real-world examples abound of individuals who have successfully used DCA to grow their Bitcoin holdings. For instance, those who began DCAing into Bitcoin years ago have seen substantial returns, demonstrating the power of this disciplined investment approach.

Real-World Examples

Consider the story of Alice, a school teacher in Argentina, where inflation has been rampant. By steadily converting a portion of her salary into Bitcoin, she has protected her savings from devaluation and gained financial stability. Or take John, a software developer in Nigeria, who used Bitcoin to bypass restrictive banking systems, enabling him to receive payments from international clients and support his family.

These stories are not isolated incidents; they represent a growing trend of people around the world leveraging Bitcoin to achieve financial freedom. The statistics are telling: as Bitcoin adoption increases, so does the number of individuals gaining economic independence.

Challenges and Considerations

While Bitcoin offers numerous benefits, it's important to be aware of potential challenges. The volatility of Bitcoin can be daunting for new investors. Regulatory uncertainties in different jurisdictions can also pose risks. However, these challenges can be mitigated with a thoughtful approach.

For instance, DCAing into Bitcoin helps manage the risk of volatility. Staying informed about the latest regulatory developments and understanding the legal landscape can help navigate potential pitfalls. As with any investment, it's crucial to do your research and make informed decisions.

Conclusion

Bitcoin is more than just a digital currency; it's a powerful tool for achieving financial freedom. By eliminating intermediaries, enhancing security, providing accessibility, and offering true control over assets, Bitcoin is revolutionizing the way we think about money. Dollar-Cost Averaging into Bitcoin is a practical strategy that can help individuals steadily build wealth and navigate the volatility of the cryptocurrency market.

As we move forward in this new financial era, Bitcoin offers a beacon of hope for those seeking independence and control over their financial destiny. Explore Bitcoin, understand its potential, and consider how it can be a part of your journey towards financial freedom.

Take Action Towards Financial Independence

If this article has sparked your interest in the transformative potential of Bitcoin, there's so much more to explore! Dive deeper into the world of financial independence and revolutionize your understanding of money by following my blog and subscribing to my YouTube channel.

🌐 Blog: Unplugged Financial Blog Stay updated with insightful articles, detailed analyses, and practical advice on navigating the evolving financial landscape. Learn about the history of money, the flaws in our current financial systems, and how Bitcoin can offer a path to a more secure and independent financial future.

📺 YouTube Channel: Unplugged Financial Subscribe to our YouTube channel for engaging video content that breaks down complex financial topics into easy-to-understand segments. From in-depth discussions on monetary policies to the latest trends in cryptocurrency, our videos will equip you with the knowledge you need to make informed financial decisions.

👍 Like, subscribe, and hit the notification bell to stay updated with our latest content. Whether you're a seasoned investor, a curious newcomer, or someone concerned about the future of your financial health, our community is here to support you on your journey to financial independence.

[digicloudm]

Bitcoin traders back in profit even as price slows alongside spot BTC ETF inflows

Bitcoin (BTC) price has experienced mounting demand-side pressure, causing it to rally more than 23% over the last two weeks to hit a 2-month high at $68,583 on July 22. During this uptrend, BTC climbed above its short-term holder (STH) cost basis, highlighting the “strength of the prevailing uptrend,” according to market intelligence firm Glassnode. The recent surge in BTC price above $68,000…

[hindibali]

XRP Ledger Surges with Unprecedented Activity and Ripple's $1.4 Billion Buyback: Future Prices Set to Skyrocket!

Ripple's own shares were bought back, totaling $1.4 billion, and this process was effectively finished. Both of which helped the company flourish were its strategic long-term plan (PrimeXBT) and solid financial confidence, which this amply demonstrated. About the price forecasting: Based on the projections given by many cryptocurrency experts, XRP is expected to cost $0.602 this week. Moreover, by 2030, the value of XRP might vary anywhere from $4 to $9.81 (Binance) (PrimeXBT). This is a possibility connected to bitcoin. The results of the technical analysis show a positive trend; important indicators including the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) point to the possibility of price increases (Binance), PrimeXBT. One should expect price increases. Notwithstanding the continuous challenges caused by regulatory authorities, the market attitude is still positive. The basis upon which this hope is constructed is XRP (PrimeXBT), which can help with payments across national boundaries. Due in great part to Ripple's $1.4 billion repurchase, which has greatly bolstered confidence and price projections suggesting potential future expansion, XRP Ledger is seeing notable rising activity. These elements, taken together, have helped to increase confidence. This can be attributed to a small number of the components involved in this acceleration. Read the full article

[kalpnetwork]

Tokenized RWA surpassing Crypto? — The Rise of Tokenized Real World Assets

In recent years, the blockchain landscape has witnessed a significant shift. While cryptocurrencies like Bitcoin and Ethereum continue to dominate headlines, a new player has quietly been gaining ground: tokenized Real World Assets (RWAs). This emerging trend is not just reshaping the blockchain industry; it’s outperforming traditional crypto in many aspects. Let’s delve into why RWAs are becoming increasingly attractive and how they’re changing the game.

Understanding Tokenized RWAs

Tokenized Real World Assets represent the digital securitization of tangible assets on a blockchain. These can include real estate, commodities, art, or even financial instruments like stocks and bonds. By leveraging blockchain technology, RWAs bring the benefits of decentralization, transparency, and efficiency to traditional asset classes.

The Surge in Popularity

According to recent data, tokenized RWAs are outperforming cryptocurrencies in terms of market performance and investor interest. A hypothetical security token bundle of all RWAs tracked by Security Token Market showed a 13.73% increase, while the CoinDesk 20 Index, representing major cryptocurrencies, saw a decline of 11.74% in the same period.

This stark contrast raises an important question: What’s driving this shift towards RWAs?

Stability and Tangibility

One of the primary reasons for the growing interest in RWAs is the inherent stability they offer. Unlike purely digital assets, RWAs are backed by tangible, real-world value. This backing provides a level of security and predictability that’s often missing in the volatile crypto market.

For instance, a tokenized real estate fund offers exposure to the property market’s potential growth while benefiting from blockchain’s efficiency. This combination of traditional asset stability with blockchain innovation is particularly appealing to risk-averse investors and institutions looking to dip their toes into blockchain technology.

Regulatory Clarity

As the blockchain industry matures, regulatory compliance has become a critical factor for institutional adoption. RWAs, being tied to existing legal frameworks governing traditional assets, often have clearer regulatory standing compared to many cryptocurrencies.

This regulatory clarity is attracting major players. For example, BlackRock’s entry into the space with their USD Institutional Digital Liquidity Fund ($BUIDL) demonstrates how established financial giants are leveraging tokenized assets to bridge traditional finance with blockchain technology.

Increased Utility and Efficiency

Tokenized RWAs are not just about digitizing assets; they’re about enhancing their utility. The ability to use these tokens as collateral, for instance, opens up new possibilities in decentralized finance (DeFi).

A prime example is the use of BlackRock’s $BUIDL token as collateral on FalconX, a prime brokerage platform. This utility allows investors to secure loans and collateralize derivative positions, showcasing how RWAs can be more than just static investments.

Cost Savings and Process Optimization

The tokenization of real-world assets is proving to be a game-changer in terms of operational efficiency. Broadridge, a financial technology company, reported savings of $1 million for every 100,000 repo transactions when using tokenized assets. Similarly, Figure, a blockchain company, has tokenized over $7 billion worth of Home Equity Lines of Credit (HELOCs), resulting in savings of 150 basis points in the issuance, warehousing, and securitization process.

These efficiencies translate to lower costs for issuers and potentially higher returns for investors, making RWAs an attractive proposition for both sides of the market.

Portfolio Diversification and Accessibility

Tokenized RWAs offer an unprecedented opportunity for portfolio diversification. They allow investors to gain exposure to asset classes that were previously difficult to access, especially for retail investors. From fractionalized ownership of high-value real estate to tokenized shares in private equity funds, RWAs are democratizing access to a wide range of investment opportunities.

The Blockchain Advantage: RWAs vs. Traditional Assets

While RWAs represent traditional assets, their tokenization on blockchain platforms offers several advantages over their conventional counterparts:

Increased Liquidity:

Tokenization can make traditionally illiquid assets, like real estate or fine art, more liquid by allowing fractional ownership and easier trading.

24/7 Markets:

Unlike traditional markets with fixed trading hours, tokenized assets can be traded round the clock on blockchain platforms.

Programmability:

Smart contracts enable automated dividend distributions, voting rights, and other features that streamline asset management.

Transparency:

Blockchain’s immutable ledger provides a clear, auditable trail of ownership and transactions.

Global Accessibility:

Tokenized assets can be accessed by investors worldwide, breaking down geographical barriers in investment.

RWAs vs. Crypto: A Balanced View

While tokenized RWAs are gaining traction, it’s important to note that they serve a different purpose compared to cryptocurrencies like Bitcoin. Cryptocurrencies often aim to be alternative forms of money or platforms for decentralized applications. RWAs, on the other hand, bring the benefits of blockchain to existing asset classes.

The key difference lies in the backing. RWAs are backed by tangible assets with intrinsic value, while many cryptocurrencies derive their value from network effects, utility, or speculative interest. This backing makes RWAs potentially less volatile and more appealing to conservative investors and institutions.

However, this doesn’t mean RWAs are universally “better” than cryptocurrencies. They each serve different purposes and cater to different risk profiles and investment strategies.

Looking Ahead: The Future of Tokenized RWAs

As the tokenized RWA market continues to grow, we can expect to see:

Increased institutional adoption, with more financial giants following BlackRock’s lead.

Development of regulatory frameworks specifically tailored to tokenized assets.

Integration of RWAs into DeFi ecosystems, creating new financial products and services.

Improved infrastructure for issuing, trading, and managing tokenized assets.

A Complementary Force in the Blockchain Ecosystem

The rise of tokenized RWAs doesn’t signal the end of traditional cryptocurrencies. Instead, it represents an evolution of the blockchain ecosystem, catering to a broader range of investors and use cases. RWAs bring the stability and familiarity of traditional assets to the innovative world of blockchain, creating a bridge between conventional finance and the digital asset space.

For investors, tokenized RWAs offer a unique proposition: the potential for stable returns backed by real-world value, combined with the efficiency and accessibility of blockchain technology. As the market matures, we’re likely to see a more diverse blockchain economy where cryptocurrencies and tokenized RWAs coexist, each serving distinct but complementary roles in the future of finance.