the daily degen 🦍(04oct23)
handle.fi daily trooper update
todays marketS
market news
💴dollar weakens against the yen after yen breaches key 150 level.
🧑🏼⚖️mccarthy ousted, crypto-friendly mchenry to become speaker pro tempore.
🎰rollbit recorded $38M in september betting revenues, RLB token climbs.
📜IMF calls for greater oversight on crypto, proposes new risk assessment matrix.
💸EU plans for wholesale CBDC out within weeks, french central banker says.
📈XRP price pumps as judge torres rejects SEC motion to appeal ripple ruling.
crypto fear and greed index
trooperGlossary: smart contract📚
a smart contract is a digital agreement encapsulated in self-executing code, residing predominantly on blockchain platforms such as ethereum. these contracts are designed to automatically perform certain actions or transactions without the intervention of traditional intermediaries, ensuring that all terms are met with precision.
think about it like a vending machine. just as you input a specific amount of money into a vending machine to receive a selected item, with a smart contract, once certain conditions (inputs) are met, the contract automatically executes to deliver the agreed-upon result (output). both systems operate on a strict "if-this-then-that" logic.
around the X-verse… (formerly the twitterverse)
bullish? 🐂…
uptober back on? ✈️…
pomp ruining the pump! 🤬…
trade ideas
trade: long BTC/ USD
BTC/USD has exhibited a consistent uptrend since marking a bottom at approximately 24.9k in september. with two successive higher highs on the 4-hour chart, its movement suggests the formation of a potential trading channel.
for those considering a LONG position, a possible entry point might be when BTC/USD approaches the channel's diagonal support near ~27k. however, it's crucial to note that this entry point could shift based on the time taken to intersect with the trend line.
once entered, the trade's objective could be targeting the channel's upper resistance band.
#NFA #DYOR
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