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Support level and resistance level Today’s post is serving up a little bit of trading theory, so let’s discuss two important concepts. “Support” and “resistance” levels are key terms in the cryptocurrency market. A support level is a price point where a coin’s rate falls but cannot break down. That is, investors consider this point attractive to buy the asset and, thus, stop its fall by actively buying. A resistance level is a price point that a coin’s rate is hitting but cannot overcome upward. Because investors begin to sell actively, and the price goes down. Analyzing these levels helps to predict further price movements and form a successful trading strategy. 🆔Learning Crypto

💰 Bitcoin ETF Inflow : 2024-07-10 #IBIT : $0K #FBTC : $57.8M 📈 #BITB : $4.7M #ARKB : $5.7M #BTCO : $9.5M #EZBC : $31.7M #BRRR : $0K #HODL : $3.3M #BTCW : $0.0K #GBTC : -$8.2M 📊 Net Inflow : $104.5M 🚀 ⚡ 7-day Avg : $103.5M @News_Crypto

🚀 Bitcoin’s Dip: A Buying Opportunity in Disguise? 💸Despite Bitcoin’s 17% drop amid German sales and Mt. Gox concerns, the big picture remains bullish. Here’s why: 📈 G7 economies in expansion phase ➕ Slowing inflation boosting Fed confidence 🖥️ Record tech optimism on Wall Street ℹ️ Post-halving patterns historically bullish 🔍 Macroeconomic factors and sustained risk-taking in traditional markets paint a promising outlook. Once current supply pressures ease, we could see an impressive recovery. ⬇️ Is this dip your chance to load up on BTC? What’s your strategy in this market? 📌Powered by V3V Ventures

💰CBOE Global Markets has filed a request with the U.S. SEC to list Solana spot ETFs. A decision is needed by March 2025. 💠 Crypto News 🔔

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Crypto Speak: TPS In the fast-paced world of cryptocurrencies, speed matters! Transactions Per Second (TPS) measures a blockchain network's ability to process transactions quickly, making it a crucial metric for scalability and efficiency. For instance, Bitcoin can handle only 3-7 transactions per second due to its Proof of Work consensus mechanism. In contrast, Ethereum processes 15-30 transactions per second using Proof of Stake. Newer blockchain platforms like Ripple boast even higher TPS rates. Improving TPS is a top priority for developers as it directly impacts network performance, fees, and adoption. Strategies to enhance transaction speeds include optimizing network performance, implementing layer 2 scaling solutions, and exploring new consensus mechanisms. As the crypto space continues to evolve, the race for TPS is on! 📈Crypto_Ocean

🇩🇪 German Government wallets received 1915 BTC 💰 ($111.5M) last night back from addresses linked to Kraken, Bitstamp and Coinbase. @News_Crypto