Bitcoin Intraday Key Levels

The BTC/USDT pair has gained 2.40% in the last 24 hours and is currently trading at $104,732. Bitcoin (BTC) took a slight bounce from the $102,599 support level mentioned in yesterday’s analysis. If BTC continues to rise, it should close above the $105,766 resistance level. The key support levels are $102,599 and $101,545.

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Ethereum (ETH): The ETH/USDT pair has gained 5.48% in the last 24 hours and is currently trading at $3,385. The resistance levels for Ethereum (ETH) are $3,440, followed by $3,535. Key support levels are $3,290 and $3,217.

Lido DAO (LDO): The LDO/USDT pair has surged 11.74% in the past 24 hours and is currently trading at $2.00. LDO’s resistance levels stand at $2.009, followed by $2.09. Key support levels are $1.94, with deeper declines possibly reaching $1.836.

Ethereum Name Service (ENS): The ENS/USDT pair has risen 8.44% in the last 24 hours and is now trading at $36.14. ENS resistance levels are $36.47, followed by $37.75. Key support levels are $34.44, with deeper declines possibly reaching $32.64.

Ethena (ENA): The ENA/USDT pair has gained 6.83% in the last 24 hours and is currently trading at $0.8963. ENA resistance levels are $0.9664, followed by $1.0162. The support levels are $0.8117, with further declines potentially reaching $0.7566.

Trending Coins

In the past 24 hours, the most trending coins in the crypto market include MANTRA (OM), Reploy (RAI), and Koma Inu (KOMA).

The top gainers are Onyxcoin (XCN), Constellation (DAG), and MEOW (MEOW).

Meanwhile, the top losers in the market include Animecoin (ANIME), VeThor (VTHO), and Melania Meme (MELANIA).

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the largest liquidation zone on the upside is at $106,484, with $97.23 million in liquidations.

On the downside, a major liquidation level is at $101,641, with $48.34 million in liquidations.

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This impressive surge is supported by strong interest in high-momentum altcoins like XRP, Dogecoin (DOGE), Ethereum Name Service (ENS), and Hedera (HBAR).

South Korea’s Impact on Altcoins

According to 10x Research, Ripple (XRP) took the lead in South Korea’s market with over $6.3 billion in daily trading volume. Dogecoin followed in second with $1.6 billion, Stellar (XLM) at $1.3 billion, Ethereum Name Service (ENS) with $900 million, and Hedera (HBAR) recording $800 million.

Considering that these altcoins have seen price increases of 90%, 73%, and 168% respectively in the past week, it is evident how retail investor interest is boosting the market. These so-called “dino coins,” or older altcoins, are outpacing the rest of the market with strong performances.

The Effect of South Korea’s Trading Volume

Bitcoin funding rates remain around 15% annually, while the sudden surge in altcoin trading volumes has strengthened the belief that “altcoin season” has begun. Markus Thielen, founder of 10x Research, pointed out that the volume shift in the South Korean market could open up more opportunities in altcoin trading. He stated, “Retail investors capitalizing on the momentum are driving price volatility and pushing market trends.”

Is South Korea the Only Factor Influencing XRP?

Ripple (XRP) reached a year-high of $2.80 as of December 2, surpassing Solana and USDT in market value, securing third place. This impressive rise for XRP has been a steady climb from around $0.50 in the past month, as noted by TradingView data.

South Korea’s Crypto Climate

The performance of South Korea’s crypto market underscores the country’s growing influence on global trends. The ongoing “altcoin season” debate is being bolstered by activity in South Korea. XRP and other altcoins’ extraordinary price increases signal that the market momentum could continue.

Markus Thielen emphasized the need for a strategic and disciplined approach in response to these market fluctuations. “The volatility in crypto trading represents both risk and opportunity for investors. Therefore, having a clear strategy is crucial for riding these waves,” he added.

This surge in trading volume initiated by retail investors once again demonstrates how quickly dynamics in the crypto market can shift. While the start of the altcoin season remains a topic of discussion, South Korea’s impact on the market is becoming increasingly apparent.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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Bitcoin Intraday Key Levels

The BTC/USDT pair has gained 2.1% in the last 24 hours and is currently trading at $95,493. If the rise continues, Bitcoin (BTC) may face resistance at $96,600. If a 4-hour close occurs above this level, the next resistance level will be $98,200. The support levels are $94,400 and $91,800, respectively.

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Ethereum (ETH): The ETH/USDT pair has gained 5.01% in the last 24 hours and is currently trading at $3,589. Resistance levels for ETH are $3,666 and $3,970. Support levels are $3,490 and $3,390.

Worldcoin (WLD): The WLD/USDT pair has gained 7.15% in the last 24 hours and is currently trading at $2.54. Resistance levels are $2.58 and $2.75. Support levels are $2.40 and, if the decline deepens, $2.25.

Tensor (TNSR): The TNSR/USDT pair has gained 12.24% in the last 24 hours and is currently trading at $0.62. Resistance levels are $0.66 and $0.77. Support levels are $0.56 and $0.50, if the decline continues.

Solar (SXP): The SXP/USDT pair has gained 3.28% in the last 24 hours and is currently trading at $0.39. Resistance levels are $0.41 and $0.43. Support levels are $0.37 and $0.33 if the decline deepens.

Trending Coins

In the last 24 hours, the most trending coins in the crypto market include Vector Smart Gas (VSG), GOGGLES (GOGLZ), and Thena (THE). The biggest gainers include Metaplex (MPLX), SPX6900 (SPX), and Ethereum Name Service (ENS). The biggest losers are Big Dog Flink (BINK), Just a chill guy (CHILLGUY), and Zerebro (ZEREBRO).

Bitcoin Liquidation Map

Looking at the 12-hour liquidation map of Bitcoin, the prominent liquidation is at $97,308 with $60 million on the upper side. On the lower side, there’s a liquidation at $94,801 with $29 million.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Current Status of Bitcoin and Cryptocurrencies: November 28 appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USDT pair has lost 0.37% in value over the last 24 hours and is currently trading at $72,445. If the decline deepens, Bitcoin (BTC) may drop to a lower support level around the $70,200 region. On the other hand, if we see a significant breakout above the $72,600 resistance, we can expect the price to rapidly reach a new all-time high.

Ethereum (ETH): The ETH/USDT pair has gained 2.26% in value over the last 24 hours and is currently trading at $2,673. The resistance levels for ETH are first at $2,690, and then at $2,745. The support levels are at $2,640 and $2,540.

Ethereum Name Service (ENS): The ENS/USDT pair has gained 9.57% in value over the last 24 hours and is currently trading at $18.49. The resistance levels for ENS are $19 and then $20. The support levels are at $17.60, with a deeper decline potentially reaching the $16 support level.

dYdX (DYDX): The DYDX/USDT pair has gained 0.54% in value over the last 24 hours and is currently trading at $1.05. The resistance levels for DYDX are $1.06 and then the $1.21 region. The support levels are at $1.03, with a deeper decline potentially reaching the $0.91 support level.

MultiversX (EGLD): The EGLD/USDT pair has lost 0.14% in value over the last 24 hours and is currently trading at $25.05. The resistance levels for EGLD are $26 and then the $28 region. The support levels are at $24.50, with a deeper decline potentially reaching the $23 support level.

Trending Coins

In the last 24 hours, the trending coins in the cryptocurrency market include Grass (GRASS), Phil (PHIL), and Sui (SUI). Among the top gainers are Mask Network (MASK), Chex Token (CHEX), and Michi ($MICHI). On the list of the biggest losers in the market, we find Nosana (NOS), Virtuals Protocol (VIRTUAL), and Non-Playable Coin (NPC).

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the prominent liquidation level at the top is $73,232, with a total of $52 million. On the lower side, the $71,806 level is also notable, with $52 million in liquidations.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

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Check Out: Today’s Most Popular Altcoins in the Crypto Market – Gainers and Losers

This change includes 10 different cryptocurrencies such as Apecoin (APE), ARPA (ARPA), Beta Finance (BETA), Convex Finance (CVX), Ethereum Name Services (ENS), Eos (EOS), Ethereum Classic (ETC), Kava (KAVA), and Pax Gold (PAXG).

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According to Binance’s announcement, trading pairs APE/BNB, APE/EUR, ARPA/ETH, BETA/ETH, CVX/BTC, ENS/BNB, EOS/EUR, ETC/EUR, KAVA/BNB, and PAXG/BNB will be removed from spot trading and trading will be halted on December 29 at 05:00 (Turkey time). It was also mentioned that with this change, trading bots related to the same trading pairs will be shut down.

However, Binance stated that users can continue to trade on the platform using other trading pairs available for these assets. This means that users can maintain flexibility in managing their portfolios and making trades. The cryptocurrency market is constantly changing, and exchanges may make changes to their portfolios from time to time to provide the best service to users.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Delists Trading Pairs of These Altcoins! appeared first on Coin Engineer.

Now, let’s talk about when it all started. A smart engineer named Nick Johnson, who works at the Ethereum Foundation, came up with the idea for ENS. On May 4, 2017 he and all the other developers gave it the green light and that’s when ENS was officially released into the digital world.

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How Does It Work ?

In the world of cryptocurrencies, our wallet addresses look like a mix of letters and numbers and they can be really tricky to remember. For example, it could be something like 0x0bh25jg6.

After this confusion, Ethereum Name Service came up with a smart solution. They created ENS technology, which is like a special tool that works on the Ethereum blockchain.

Here’s the cool part: With ENS, you can have a much easier address with .eth extension, like coinmuhendisi.eth.

It’s like having a nickname for your wallet address!

So, instead of dealing with the long and confusing address like 0xC2o0in2uH1e5di, you get to use the simple and memorable coinmuhendisi.eth address. ENS makes payments and transactions super simple and convenient!

How to get Ethereum Name Service (ENS) ?

First, you’ll need an ethereum-based hot wallet. A popular one is called Metamask which works well for this.

If you’re not sure how to send coins to your wallet or do any of these steps, don’t be afraid! We’ve got you covered with a helpful video on our YouTube channel. It’ll guide you through the wallet installation process.

Head over to ens.domains and connect your wallet. Now you can search for the domain name you want to buy.

If your desired domain name is available, you can purchase it for as long as you like.

Keep in mind that domain names with 5 letters or more may have extra fees, so it’s better to choose a simple and short name that suits you.

ENS Token and Economy

ENS Token is all about decentralization, meaning decisions for the project are made by the team and the community together. It works within the Ethereum Name Service Network. If you have ENS Tokens, you get to vote on community initiatives. The more tokens you have, the stronger your voting power.

Now, let’s talk about the ENS Token Economy. There are 100 million tokens in total, but only around 28.6 million are currently circulating.

Here’s how the tokens are distributed:

• 50% in the DAO Community Treasury, with 10% released initially and the rest slowly over four years.
• 25% to .ETH holders, who get tokens through airdrops.
• 25% for contributors, with different amounts going to core supporters, selected integrations, future supporters, external supporters, startup advisors, key holders, active Discord users and translators.

If you want to get your hands on some ENS Coins, you can find them on various big cryptocurrency exchanges. Binance is a popular one and you can even get a discount by using the link provided. There are other exchanges where you can find ENS Coins as well, like Bybit and Bitget.

ENS Browsers

ENS Ecosystem

You can present own thoughts as comment about the topic. Moreover, you can follow us on Telegram and YouTube channels for the kind of the news.

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DeBank’s native token has not been announced yet. However, it is thought that they will have and If it can give tokens as airdrop to the platform’s users. So, doing some tasks is really important to be eligible for a possible airdrop.

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The investors and partners

The project has received a $25 million investment. There are lots of big companies between funders. Some of them are  Sequoia, Circle, Coinbase Ventures, Dragonfly Capital, and Ledger. It also has partnerships with some projects such as 1inch, Aave, ENS, and DeFi Pulse.

How we can get DeBank airdrop? (step by step)

Debank platform is very useful. Users can follow and send messages to each other. Additionally writing posts, reposting, and leaving comments are available on the site. Besides, users can vote for any coins on the platform and they can create their own vote proposal. These all things should be done because any operation is essential to get airdrop.

1. Visit the Debank website and connect your Web3 wallet.
2. Make some swap transactions on the platforms. (These operations can be essential to be eligible for an airdrop)
3. Create a Web3 ID from the account settings on the website. (You need to pay $96 for this task.)

There is also DeBank Reward Activities page on the website. Now, it has no tasks yet. However, you often need to check out because you will get rewards such as cash and DeBank Points by doing tasks. Stay tuned for more new information about this topic.

You can Sign up for Binance with 20% discount. 

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