Cryptosanders👑

Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin was trading below 26,000 on Labor Day, as volume in the cryptocurrency market was mostly lower. BTC/USD slipped to an intraday low of 25,817.03 to start the week, following a high of 26,087.15 the day prior. The decline pushed Bitcoin closer to a collision with support at $25,600, however, bulls have so far rejected this retracement. This comes as the 14-day relative strength index (RSI) found a floor of its own at the 35.00 mark, helping to ease the bearish pressure. the index is now tracking at 37.16, with the next visible resistance point at 43.00. In the event that this ceiling is broken, BTC bulls will likely make advancements toward 28,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/BTCUSDT/tEJAK6Wy-BTC-USDT-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Ton 10% Higher on Saturday, Hitting Highest Level Since May Toncoin was easily one of the biggest movers in crypto markets to start the weekend, as price rose by over 10%. Saturday’s surge comes despite the global market cap mostly trending lower, having fallen by 0.43% as of writing. XRP was one of the tokens to fall, dropping below a key price floor.

Ripple Files Opposition to SEC's Motion to Certify Interlocutory Appeal of XRP Ruling Ripple Labs has filed its opposition to the U.S. Securities and Exchange Commission’s request for Judge Analisa Torres to certify an interlocutory appeal of her ruling regarding XRP. The crypto firm has argued that “the exceptional circumstances required for interlocutory appeal are absent.”

Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko.

Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021.

Bitcoin's Largest Accounts: Peering Into the Top 10 Wallets on the 'BTC Rich List' In recent weeks, buzz within the crypto sphere has centered on prominent bitcoin and ethereum holders. Some addresses are awash with speculation, while others have earned distinct labels. Interestingly, a handful have purportedly been unmasked, leading to many of the top ten BTC addresses being tagged. The following is a closer peek at the top ten bitcoin wallets featured in ‘Bitcoin’s Rich List’ of addresses.

NFT Sales Slide for Third Consecutive Week Amid Crypto Downturn Sales of non-fungible tokens (NFTs) have taken another hit, declining over 10% from the previous week, with transactions totaling $85,046,840 since Saturday, August 26, 2023. This marks the third consecutive week of falling NFT sales, reflecting the broader crypto economy’s downturn and its significant impact on the NFT marketplace.

hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- the price has held above the 200-day moving average, around the $0.5 mark, over the past few weeks. However, the price is currently testing the 200-day moving average. If this moving average breaks down, the price will drop quickly towards the $0.43 level. On the other hand, if the price rebounds from the 200-day MA, this could lead to a bullish move towards the $0.55 resistance zone. Yet, given the RSI indicator showing values below 50%, it is more likely that the bearish scenario will play out. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/XRPUSDT/WSYgdapV-XRP-USDT-1DAY-UPDATE-BY-CRYPTO-SANDERS/

BTC Starts Weekend Trading Close to $25,000 Bitcoin started the weekend trading below the $26,000 level, as bears seized market momentum to end the week. Price surged during the early part of the week, climbing over the $28,000 mark. However in the days that followed, sentiment has mostly trended lower. Ethereum remains in the red.

hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- After almost falling below 1,600 on Friday, ethereum (ETH) was mostly higher to start the weekend’s session. ETH/USD peaked at 1,650.71 earlier in the day, but momentum has since dropped, with the price now at 1,635.02. The world’s second-largest cryptocurrency has not been able to move back above 1,650, which has been a point of price support. it appears that ETH managed to avoid dropping under 1,600 due to the relative strength index (RSI) colliding with a floor at 36.00. price strength is now tracking at a reading of 37.04, with the next visible ceiling at 49.00. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/ETHUSDT/hbqlYyWo-ETH-USDT-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin continued to trend lower on Saturday, as the bears were once again in control of crypto market sentiment. Following a high of 28,148 on Tuesday, BTC/USD started the weekend falling to a low of 25,362.61. The decline has come as a result of profit-taking, and also the changing economic climate in the United States. Consumer spending is slowing, whilst the labor market remains tight as a result of increasing interest rates. today’s decline pushed bitcoin below a key support point of 25,600, however, bulls have since reentered. BTC is now trading at 25,818.66, with a target of 26,000 likely to be present throughout the weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/BTCUSDT/SVuhugoC-BTC-USDT-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Top BRICS Diplomats Approached Indonesia With Proposal to Join, Foreign Minister Says The foreign ministers of the BRICS states have reached out to invite Indonesia to become a member of the group, their Indonesian counterpart unveiled. The government in Jakarta is still weighing the benefits of joining the organization and is yet to decide whether to apply formally.

DC Circuit Court of Appeals Chastises SEC for Grayscale Denial On Tuesday, August 29, 2023, The U.S. Court of Appeals, District of Columbia Circuit (Court) unanimously granted Grayscale’s petition for review of the Securities Exchange Commission’s (SEC) denial of Grayscale’s Bitcoin Exchange Traded Product (Grayscale ETP) and vacated the SEC denial order. The Court chastised the SEC for its “arbitrary and capricious” treatment of Grayscale’s ETP and its inconsistent treatment of substantially identical cases where it approved bitcoin futures ETPs from Teucrium and Valkyrie.

Colorado DMV Accepts Crypto Payments Through Paypal The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their digital cash to renew driver’s licenses and plates.

Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in foreign trade settlements, the official noted.