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[ANN][POW/POS/Masternodes] DIY Tube Video Pays For Video Views & Comments

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5 hours ago, Singwala said:

If you want get traffic on your site then you first need to update your site UI. i did not think that its attract anyone. and then you need to increase your coins ratio.

We already increased our coin payout plan. Here are the details: https://www.diytube.info/updates-improvements/diy-tube-video-community-earnings-increased-to-boost-traffic/


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26 minutes ago, Richard said:

Has the DIY currency been included in one of the exchanges or is it still working on this? I have been waiting for this news for a while and have not been announced yet

The day before yesterday I paid for an exchange listing. They say it should be done any time now and our coin is being worked on. I hope its done soon so we can start a marketing campaign and spread the word.

 

I will announce it here and on our social media platforms.

 

For live updates follow our telegram group: https://t.me/DIY_Tube_Video

 

Or discuss here: https://discord.gg/pP7qsw6


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8 minutes ago, ihavedreams said:

Bitube really adds and benefits, but I haven't made a payment or transfer, hopefully it will remain real in the payment

I just checked and they are shutting down bitube. It says payments for publishers has been ended as well. They are starting some new thing instead.

 

DIY Tube has been around for two years and we are still growing.


Get paid for video views and writing comments! DIY Tube Video Community

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20 hours ago, DIY Tube Video said:

I am sure the memorial of my Grandma is on my facebook homepage,

My condolence to you and to your family!

29 minutes ago, DIY Tube Video said:

The day before yesterday I paid for an exchange listing. They say it should be done any time now and our coin is being worked on. I hope its done soon so we can start a marketing campaign and spread the word.

This is a good update, about the exchange, is it on top rank? do you consider having a bounty program like social media and signature campaign? this will help boost the audience and users on your platform!

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3 minutes ago, cryptokram said:

My condolence to you and to your family!

This is a good update, about the exchange, is it on top rank? do you consider having a bounty program like social media and signature campaign? this will help boost the audience and users on your platform!

Thank you for that. The exchange is not a top one by any means but its a start. We have to get some coin sales and work our way up to the top coin exchanges as we can afford it.

 

I have been considering a bounty program since so many people ask for it. I am still in the air on that because many people love it but others do not. Its a tough call. And we only have 4 million coins to sell, which may sound like a lot but its only $400,000 to continue a cryptocurrency project, websites, hosting, marketing and other costs.

 

I think I will start another thread on this forum and get opinions from people. Thanks for getting me thinking on that.

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Get paid for video views and writing comments! DIY Tube Video Community

DIYT Coins - The Video Sharing Cryptocurrency

Run A Masternode - Huge ROI: Buy DIYT Coins

Masternode Mining Pool & Rentals - Get FREE Credit When You Join: HERE

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35 minutes ago, ASIC_Loves_nist5 said:

Maybe, but since you announced yourself on numerous forums about a month ago you have gained about 75 more users on your video platform. Some appear to be heavily spamming it trying to upload as many <60 second videos.

 

I've been following this thread, as I mentioned this project is drawing a lot more interest than others on the forum so I feel there must be some merit to it.  I have read wild accusations here of ads for dark web content on the DYITube site but I have not seen evidence of that and it does seem to be an irresponsible accusation, but I have checked out the site and as this person mentioned there are a lot of videos that look like they're there for no other reason than to "game the system", i.e. posting short non-original content of no value plus there are violent street fighting videos of the kind you would see on Ebaum's World or Worldstar Hip Hop sites. Hardly family-friendly.

Edited by CryptoKeeper
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3 hours ago, Fadxxl said:

Is this token already listed any exchange where we can exchange them? I am a content creator and would love to share my videos on this platform as well.

Exchange said it takes 1 to 3 days. Today is the 2nd day. They said it will be soon. Once we are listed members of DIY Tube Video Community will be able to withdraw their earnings onto the blockchain and sell or trade them.


Get paid for video views and writing comments! DIY Tube Video Community

DIYT Coins - The Video Sharing Cryptocurrency

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Masternode Mining Pool & Rentals - Get FREE Credit When You Join: HERE

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1 hour ago, CryptoDealHunter said:

I know you say it takes one to three days to get listed but you have been saying this since Saturday October 19th. I've been following you for awhile but I'm having severe doubts on your project. First it was the long delay getting the block chain running, then came the restart and the hassle of getting the new wallets. Are you confident that tomorrow's the day? If not I must consider bidding you adieu.

Actually I have been saying it takes 2 to 5 days or so to get listed all along, yes. But I just paid for an exchange Wednesday afternoon at just after 5 pm EST.

Edited by DIY Tube Video

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9 hours ago, Muneeb said:

D/Y is not a good platform to make money because i try it but its not give me a good profit so i leave that. In future may be it gives us good profit but i don,t think so that it is good like youtube platform. Youtube is the great way to make money online. 

D/Y is block chain project .It will face some problems in start but it will become successful after  some time and you will then rmember this moment.Give some time to D/Y juat like you gave Youtube .Now you tube frow so much bigger and they are cutting lots of people with small things.The Block chain is our Future and D/Y will grow and people will take huge interest in it.

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Hmm, interesting concept with combination PoW and Masternode, if i’m not wrong i saw this too before and nice step to expanding your communitt to this forum. Cheers!

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11 hours ago, Muneeb said:

D/Y is not a good platform to make money because i try it but its not give me a good profit so i leave that. In future may be it gives us good profit but i don,t think so that it is good like youtube platform. Youtube is the great way to make money online. 

You have your opinions but I bet you were not earning $3,200 - 3600 a month on average and then have them cut you to $800 over a 30 day period. I know many many channels who suffered on YT as I have. Some larger, some smaller than mine.

 

Please be fair to yourself and just keep an eye on us. Once the coin hits the exchange, DIY Tube will be one of the highest paying video platforms in the World.

2 hours ago, Syedbesharat said:

D/Y is block chain project .It will face some problems in start but it will become successful after  some time and you will then rmember this moment.Give some time to D/Y juat like you gave Youtube .Now you tube frow so much bigger and they are cutting lots of people with small things.The Block chain is our Future and D/Y will grow and people will take huge interest in it.

Thank you. Thumbs up.

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Get paid for video views and writing comments! DIY Tube Video Community

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Run A Masternode - Huge ROI: Buy DIYT Coins

Masternode Mining Pool & Rentals - Get FREE Credit When You Join: HERE

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14 hours ago, DIY Tube Video said:

Please be fair to yourself and just keep an eye on us. Once the coin hits the exchange, DIY Tube will be one of the highest paying video platforms in the World.

Thank you. Thumbs up.

Could you share more information about DIY Tube.I am unterested in it.Like how to widraw our coins or how much we can earn ,how to get bonus etc.Kindly tag me in the details when you post it.i am waiting for your reply.

Edited by Syedbesharat
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7 hours ago, rockaybe said:

1092043970_Screenshot(1086).thumb.png.42249f34a9caeea6b0e6c0d759f7a044.png

Im just receive 18 DIY coin for 369 withdrawls, im just wondering

how can i withdrawls this coin to my gui wallet?

i would like to store it on my QT wallet 

We have been waiting to be listed on an exchange but I can enable the withdrawal now and let people move them to their wallets. Maybe later today, latest tomorrow morning I can enable that.

 

Where it shows your earnings, is a drop down menu. You will be able to click "Withdraw DIY Coins" and then enter your wallet, how many coins, and submit. I will share it on all forums and platforms when I turn that on.

 

For live updates:

 

Telegram: https://t.me/DIY_Tube_Video

 

Discord: https://discord.gg/pP7qsw6

4 hours ago, Syedbesharat said:

Could you share more information about DIY Tube.I am unterested in it.Like how to widraw our coins or how much we can earn ,how to get bonus etc.Kindly tag me in the details when you post it.i am waiting for your reply.

Please see my answer right above on how to withdraw. You get 1 cent worth of DIYT for writing a comment and $5 worth per 1,000 views on videos you upload. Or you can mine them.

 

Full details can be found here: https://www.diytubecoin.com


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I should apologise for the delay ... The developer has indeed paid the listing fees and requested us for an early listing ... Our normal listing time is 3-5 days however we wanted the same to be listed asap .. Due to some unforeseen circumstances the same got delayed and expect the listing to be completed in next few hours ... Extremely sorry for the delay Developer we will make it up with some special rewards to your community in coming days 👍

In case any user has issues regarding fees paid they can approcah me (Steve John) at Unnamed Discord ... Neverthless we are getting it listed within next few hours.. I know how developer might be feeling now coz of trolls and as i said we will take care of community with some cool uTip 🙂 Cheers

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1 minute ago, pehumpay said:

Thе whiteраpеr has tоtаl installment points of intеrеst, indeеd in spite оf the fасt thаt wе'll сonceivаbly inсremеnt thе rewards.

We have increased the rewards already. 1 cent worth of DIYT per comment and $5 worth of DIYT per 1,000 views on videos you upload.


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Run A Masternode - Huge ROI: Buy DIYT Coins

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4 hours ago, rockaybe said:

im only see the transfer function on the tab , no coin withdrawls available , please can you guide me how to withdrawls

very new on this platform, thanks in advance

I have not yet enabled the withdraw function. I will do that either tonight or tomorrow and let everyone know here and on all our social media links how to use it.


Get paid for video views and writing comments! DIY Tube Video Community

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5 minutes ago, CryptoDealHunter said:

Not sure if you are aware of this but your exchange partner isn't legally registered which can put anyone dealing with them at risk, including you. Just thought you may want to know. I know you like to keep everything legal and all.😉 

Yes, thank you. You have been warning people against myself and now the exchange we are using for a while now. Thank you. I do believe you have gone above and beyond in warning the public about us. I do not believe you can do any more at this time.

 

I have to get back to running a successful business - DIY Tube Video Community now.


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2 minutes ago, CryptoDealHunter said:

Just trying to help. I wouldn't want to see you get yourself into a situation and then have you claiming you didn't know. It's just a matter of being fully transparent.  You can respect full transparency, can't you? It seem you already have more than your share of angry people. No sense adding anymore if people end up loosing it all. Right? I'm doing you a solid here. Good luck on your launch which still seems held up for reason.  

The only people that are angry with me are angry because I blocked them on YouTube long ago. They just cant drop it, move on and get a life of their own. Some others believed their tall tales and joined them.

 

Not a one of them bothers me in the least bit though.

 

Transparency is good. Thats why I gave out my full name, birth date and address so anyone can see for themselves that I have a perfect, clean record. Plus people can visit my YouTube channel and see my family are simple homesteaders for years now.

 

Yes, transparency is important in the cryptocurrency field.


Get paid for video views and writing comments! DIY Tube Video Community

DIYT Coins - The Video Sharing Cryptocurrency

Run A Masternode - Huge ROI: Buy DIYT Coins

Masternode Mining Pool & Rentals - Get FREE Credit When You Join: HERE

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5 minutes ago, CryptoDealHunter said:

Wow that really sounds like a petty reason to harass you to the ends of the earth. Maybe you could unblock them all and they'll leave you alone? That is if that is the only reason. I have my doubts on that but I don't know your full story, nor do I care. I'm here to make money and looking forward to your coin launch, be it legal or not. 

You have missed the boat days ago. Our coin and blockchain have been launched many days ago now. We are simply waiting for a listing on a coin exchange. The final piece in the puzzle.


Get paid for video views and writing comments! DIY Tube Video Community

DIYT Coins - The Video Sharing Cryptocurrency

Run A Masternode - Huge ROI: Buy DIYT Coins

Masternode Mining Pool & Rentals - Get FREE Credit When You Join: HERE

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3 minutes ago, inorsa said:

Peоplе will takе nоtе simply comрlаin almоst my not rеplying yоur questions howеvеr nо cооrdinаtе quеstiоns hаve bеen аsked by yоu. Whitеpареr and pleаse studied thе coin locatiоn аnd аfter thаt permit mе to know whаt your address is.

My address is on the bottom of the coin site under our LLC links. That is my home address.


Get paid for video views and writing comments! DIY Tube Video Community

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5 minutes ago, ASIC_Loves_nist5 said:

Earlier today I asked unnamed.exchange if they were properly registered but I haven't heard anything back at this time. I did some research and cannot find them registered anywhere. Maybe because they're based in Panama it creates a loophole to allow them to trade inside the borders in the United States. Something tells me the US would have a problem with that seeing their government wants to keep tabs on where the money flows. Not sure if the coin developer is in legal jeopardy or not. That is something for the $900 per hour lawyers are payed to figure out. I do know if anyone invest in these grey markets and and the plug is pulled substantial amounts can be lost with no legal recourse to get it back.

Well, I am quite certain that I have already been turned in for whatever. I have nothing to fear anyway. I may be located in the US but most of the people mining our coin are not. They are free to trade anywhere they like. And trade they will once we get our coin listed for them.

 

I have no idea what you talk of "gray markets" or whatever but any wise trader does not hold his/her coins on an exchange - any exchange. Its an exchange for trading your coins. Then you move them to your wallet if you are smart.

 

Exchanges come and go but your wallet remains.

 

(edit) this is good advice which I am going to spread around the minute we are on an exchange. People should keep their coins in their wallets. Very important.

45 minutes ago, CryptoDealHunter said:

Just wanted to help you out some more but you are conversing with bots. Bots in your thread have been quoting you all day about your struggles with your seven year battles with trolls. LOL! In a twisted kind of way they're helping spread your long plight.

Haha. Well no matter trolls or bots. Both help me in some way to increase our rank on the homepage of the forums. Bonus either way.

Edited by DIY Tube Video

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1 minute ago, ASIC_Loves_nist5 said:

Well I'm glad your certain about things. I don't claim to know all the laws but I'm pretty certain if you are breaking laws someone will turn you in. I guess that is why so many of these coin launches get into so much trouble because they never sought out proper legal council and wind up causing huge problems for themselves. I'm guessing because you are based in the United States you are bound by it's laws regardless of where the coins are being bought from. Like I said those are all for those $900 an hour folks. But its pretty clear that the exchange you chosen is not legally registered because the government has a website you can enter the names and if registered comes back with lots of information. 

So, you are saying that I will go to jail if a miner from another country mines DIYT Coins and then sells them on some exchange outside the US? If that was the case then not one single US based crypto company would still be running. Nor most other countries for that matter.

 

Last I knew mining was perfectly legal and allowed. And those miners are allowed to sell their coins anywhere they like. They must comply with the tax laws in their own country though, this is quite important for everyone.

 

See, I played it safe on this. We had no ICO, no IEO, no presale. So far, no sale of any kind. We launched our coin and blockchain and opened it up to miners. So far, all is legal and good.

 

Now, inside DIY Tube I am earning DIY Tube Coins just like everyone else - through video views on my many videos.


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2 minutes ago, ASIC_Loves_nist5 said:

I did not say anything suggesting I told you would be put in jail. Those are your words, not mine. I told you I'm not a lawyer but I do know when developers don't do their homework and get proper advice bad things can happen. You should already have the answers to the very questions you ask. If not, you took unnecessary risk. I did some checking and see you have set yourself up as a LLC. I hope you sought out legal guidance on that but base on what I read in your filing, probably not. Maybe you went through one of those LLC wizard websites. I hear they are convenient and low cost but at the expense of knowing the proper way to protect yourself. One thing I learned in this business is not to take shortcuts and do things on the cheap. In most cases it costs more in the end than if they did it properly the first time. Cheers, and good luck.

It seems that you are strongly suggesting I did not do my "proper homework" or that I broke some law by getting our coin listed on an exchange that is not registered with the US. I am just replying directly to your own words.

 

I know of many many miners who have been trading coins on exchanges through the years and are not in jail yet for their actions. I just realized that I do not even know of one exchange right now that is registered in the US, yet US based miners still walk the streets free.

 

And I made it clear that we avoided any of the normal legal issues with US based cryptocurrency companies by NOT having an ICO, IEO, presale or any other sale of any kind. We never sold one single cent worth of any coins.

 

So, nope, I dont think I should have anything at all to fear.

 

But thank you very much for watching out for me there.


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2 minutes ago, ASIC_Loves_nist5 said:

Again, your words, not mine. I'm not sure why you have a burning need to convince of anything. All I did was share some of the pitfalls developers take. If your confident? Good for you. I am in no position to suggest or tell you if you took the proper steps or not. The only thing I do know is your chosen coin exchange is not properly registered  and may or may not cause you a problem. But everyone considering trading your coin should know the risks of dealing with such entities. Again, good luck to you.

Well, thank you. Your concerns are duly noted.

 

For anyone else, outside the US, there is no problem that I am aware of. Although, again, people need to check the laws in their own countries when dealing with cryptocurrency and taxes. And one more time, just for the record, people must comply with the tax laws where applicable in their own countries.

 

So yes, I am feeling confident, safe and secure myself.


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As the index remained in contraction territory (below 50), there was renewed speculation among traders and investors about a possible Fed rate cut in September.   The US currency received some support from business activity data in the services sector. This time, the PMI was 53.8 points, higher than both the previous value of 49.4 and the forecast of 50.8, which slightly pleased the dollar bulls.   Thursday, 6 June, was relatively calm. The European Central Bank's Governing Council lowered the interest rate by 25 basis points (bps) to 4.25%, as expected. This step fully aligned with forecasts and was already factored into EUR/USD  quotes. Notably, the ECB had not lowered rates since 2019, began raising them in July 2022, and kept them unchanged at the same level during the last five meetings. Since September 2023, inflation in the Eurozone has decreased by more than 2.5%, allowing the regulator to take this step for the first time in a long while. The ECB's statement following the meeting indicated that despite the rate cut, its monetary policy remains restrictive. The regulator forecasts that inflation will likely remain above the 2.0% target this year and next.   Therefore, interest rates will remain at restrictive levels as long as necessary to achieve the inflation goal. The ECB raised its forecast for inflation, now expecting CPI to average 2.5% in 2024, 2.2% in 2025, and 1.9% in 2026м. As mentioned, the ECB's current decision was fully anticipated by the market, as predicted by all 82 economists surveyed by Reuters at the end of May. The more intriguing aspect is what will happen next. More than two-thirds of Reuters respondents (55 out of 82) believe that the ECB's Governing Council will cut the rate twice more this year – in September and December. This figure has increased compared to the April survey, where just over half of the economists made such a prediction.   A local triumph for the dollar bulls occurred on Friday, 7 June, when the US Department of Labour report was released. The number of new jobs in the non-farm sector (NFP) was 272K in May, compared to the expected 185K. This result was significantly higher than the revised April figure of 165K. The data also showed a more substantial than expected increase in the average hourly earnings, an inflationary indicator, which grew by 0.4%, double the previous value of 0.2% and one and a half times higher than the forecast of 0.3%. The only slight negative was the unemployment rate, which unexpectedly rose from 3.9% to 4.0%. However, overall, this data benefited the dollar, and the EUR/USD pair, having bounced off the upper boundary of the 3.5-week sideways channel at 1.0900, ended the five-day period at its lower boundary of 1.0800.   Regarding the analysts' forecast for the near future, as of the evening of 7 June, it is quite vague: 40% of experts voted for the pair's growth, and an equal number (40%) for its fall, with the remaining 20% maintaining neutrality. Technical analysis also provides no clear guidance. Among trend indicators on D1, 25% are green and 75% are red. Among oscillators, 25% are green, 15% neutral-grey, and 60% red, though a third of them signal the pair is oversold. The nearest support levels are 1.0785, then 1.0725-1.0740, 1.0665-1.0680, and 1.0600-1.0620. Resistance zones are at 1.0865-1.0895, then 1.0925-1.0940, 1.0980-1.1010, 1.1050, and 1.1100-1.1140.   The upcoming week also promises to be quite interesting. The key day will be Wednesday, 12 June. On this day, consumer inflation (CPI) data for Germany and the United States will be released, followed by the FOMC (Federal Open Market Committee) meeting of the US Fed. It is expected that the regulator will keep the key interest rate unchanged at 5.50%. Therefore, market participants will be more focused on the FOMC's Economic Projections Summary and the subsequent press conference by the Fed leadership. The next day, Thursday, 13 June, will see the release of US Producer Price Index (PPI) data and initial jobless claims numbers. At the end of the week, on Friday, 14 June, the Fed's Monetary Policy Report will be available for review.   USD/JPY: Finance Minister Responds to Questions   A week ago, we wrote that Japanese financial authorities had not confirmed whether they conducted intensive yen purchases on 29 April and 1 May to support its exchange rate. Bloomberg estimated that around ¥9.4 trillion ($60 billion) might have been spent on these currency interventions, setting a new monthly record for such financial operations. We questioned the long-term or even medium-term effectiveness of this expenditure. It seems that Japan's Finance Minister, Shunichi Suzuki, read our review, as he hastened to provide answers to the questions posed. In his statement, he first confirmed that (quote): "the decline in Japan's foreign reserves at the end of May partially reflects currency interventions." This suggests that yen purchases indeed took place. Additionally, the minister noted, "the effectiveness of such interventions should be considered," indicating his doubts about their feasibility.   Suzuki refrained from commenting on the size of the intervention funds but mentioned that while there is no limit on funds for currency interventions, their use would be limited.   As previously mentioned, besides interventions (and the fear of them), another way to support the national currency is through tightening the monetary policy of the Bank of Japan (BoJ). Early last week, yen received support from rumours that the BoJ is considering reducing the volume of its quantitative easing (QE) programme. Such a decision could decrease demand for Japanese government bonds (JGBs), increase their yields (which inversely correlates with prices), and positively impact the yen's exchange rate. The Bank of Japan is expected to discuss reducing bond purchases at its meeting next Friday, 14 June.   On Tuesday, 4 June, BoJ Deputy Governor Ryozo Himino confirmed concerns that a weak yen could negatively impact the economy and cause inflation to rise. According to him, a low national currency rate increases the cost of imported goods and reduces consumption, as people delay purchases due to high prices. However, Ryozo Himino stated that the Bank of Japan would prefer inflation driven by wage growth, as this would lead to increased household spending and consumption.   The yen received another blow from the dollar after the publication of US labour market data on 7 June. The USD/JPY pair surged as wage growth in the US sharply contrasted with the 25th consecutive month of declining wages in Japan in April.   As the saying goes, hope dies last. Investors remain hopeful that the regulator will actively combat the yen's depreciation, creating long-term factors for USD/JPY to decline. For now, it ended the week at 156.74. The median forecast of analysts for the near term is as follows: 75% voted for the pair's decline and yen strengthening ahead of the BoJ meeting, while the remaining 25% took a neutral stance. None favoured the pair's upward movement. Technical analysis, however, presents a different picture: 100% of trend indicators on D1 are green. Among oscillators, 35% are green, 55% neutral-grey, and only 10% red. The nearest support level is around 156.00-156.25, followed by zones and levels at 155.45, 154.50-154.70, 153.10-153.60, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, and 147.30-147.60, with 146.50 being the furthest. The closest resistance is in the zone of 157.05-157.15, then 157.70-158.00, 158.60, and 160.00-160.20.   Noteworthy events in the coming week include Monday, 10 June, when Japan's Q1 2024 GDP data will be released, and, of course, Friday, 14 June, when the Bank of Japan's Governing Council will make decisions on future monetary policy. However, like the Fed, the yen interest rate is likely to remain unchanged.   CRYPTOCURRENCIES: What Drives and Will Drive Bitcoin Upwards     The launch of spot bitcoin ETFs in January caused an explosive price increase for the leading cryptocurrency. On 12 March, inflows into these funds reached $1 billion, and by 13 March, BTC/USD set a new all-time high, rising to $73,743. Then came a lull, followed by a post-halving correction, and finally, growth resumed in May. Early last week, net inflows into BTC-ETFs amounted to $887 million, the second largest in these funds' history. As a result, BTC/USD broke the $70,000 level and recorded a local high at $71,922.   Young whales (holding over 1,000 BTC) demonstrated noticeable accumulation, adding $1 billion daily to their wallets. CryptoQuant's head, Ki Young Ju, notes that their current behaviour resembles 2020. At that time, consolidation around $10,000 lasted about six months, after which the price increased 2.5 times in three months. Key representatives of these young whales include major institutional investors from the US, who accounted for a third of all capital inflows into spot BTC-ETFs in Q1 (about $4 billion) from companies with over $100 million in assets under management.   Besides BTC-ETFs, the recent growth was significantly influenced by April's halving. The Hash Ribbons indicator is giving an "optimal signal" to buy digital gold in the coming weeks, indicating a resumption of the asset's rally, according to Capriole Investments founder Charles Edwards. The metric shows miner capitulation that began two weeks ago. This period occurs when the 30-day moving average of the hash rate falls below the 60-day rate. According to Edwards, miner capitulation happens roughly once a year, typically due to operational halts, bankruptcies, takeovers, or, as in this case, halving. The halving of the block reward makes equipment unprofitable, leading to its shutdown and hash rate decline. The last miner capitulation was in September 2023, when bitcoin traded around $25,000.   In the event of a new growth impulse, Edwards predicts the next medium-term target will be $100,000. However, he warns that summer traditionally sees a lull in financial markets, so the upward impulse might be delayed. Wall Street legend and Factor LLC head Peter Brandt highlights the "remarkable symmetry" of market cycles, with halving halving the weeks between the bottom and the peak. If Brandt's model is correct, BTC should reach a peak between $130,000-160,000 by September next year.   Venture investor Chamath Palihapitiya offers a much more optimistic forecast. Analysing bitcoin's post-halving dynamics, he notes the cryptocurrency achieved its greatest growth 12-18 months after the event. Palihapitiya predicts that if the growth trajectory after the third halving is repeated, bitcoin's price could reach $500,000 by October 2025. Using the average figures of the last two cycles, the target is $1.14 million.   For the coming weeks, analyst Rekt Capital believes digital gold will need to confidently overcome the $72,000-$73,000 resistance zone to enter a "parabolic growth phase." Popular cryptocurrency expert Ali Martinez forecasts BTC will likely test the $79,600 price range. AI PricePredictions suggests that bitcoin could not only firmly establish above the critical $70,000 mark but also continue growing, reaching $75,245 by the end of June. This prediction is based on technical analysis indicators like the Relative Strength Index (RSI), Bollinger Bands (BB), and Moving Average Convergence Divergence (MACD).   Two catalysts could drive the upcoming growth of the crypto market: the launch of spot exchange-traded funds based on Ethereum after SEC approval of S-1 applications, and the US presidential elections. According to Bloomberg exchange analyst James Seyffart, the SEC might approve the applications by mid-June, although it could take "weeks or months." JPMorgan experts believe the SEC's decision on ETH-ETFs was politically motivated ahead of the US presidential elections. These elections themselves are the second catalyst for a bull rally.   A recent Harris Poll survey, sponsored by BTC-ETF issuer Grayscale, found that geopolitical tensions and inflation are prompting more American voters to consider bitcoin. The survey, which included over 1,700 potential US voters, revealed that 77% believe presidential candidates should at least have some understanding of cryptocurrencies. Additionally, 47% plan to include cryptocurrencies in their investment portfolios, up from 40% last year. Notably, 9% of elderly voters reported increased interest in bitcoin and other crypto assets following BTC-ETF approval. According to NYDIG, the total cryptocurrency community in the US currently numbers over 46 million citizens, or 22% of the adult population.   Evaluating this situation, Wences Casares, Argentine entrepreneur and CEO of venture company Xapo, believes the US could be one of the first to adopt a dual currency system. In this case, the dollar would be used for transactions with everyday goods and services, while cryptocurrency would be a store of value.   At the time of writing, the evening of Friday, 7 June, BTC/USD trades at $69,220. The total crypto market capitalisation stands at $2.54 trillion ($2.53 trillion a week ago). The Crypto Fear & Greed Index rose from 73 to 77 points over the week, moving from the Greed zone to the Extreme Greed zone.   In conclusion, the forecast for the next potential candidate for a spot ETF launch in the US after bitcoin and Ethereum. Galaxy Digital CEO Mike Novogratz believes it will be Solana, which showed impressive results over the past year. At the end of 2023, SOL was around $21 but exceeded $200 by March 2024, showing nearly tenfold growth. Currently, SOL is around $172 and ranks fifth in market capitalisation. Given Solana's current position, Novogratz is confident this altcoin has a good chance of being included in the pool of spot ETFs. Recently, BKCM investment company CEO Brian Kelly expressed a similar view. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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