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WTI oil prices corrected after failing to break through the MA50. The price of WTI (World Texas Intermediate) oil on Wednesday drew a long-bodied bearish candle with almost no shadow. Oil prices depreciated after failing to break through the 50-day moving average (MA50), which acted as a dynamic resistance level. Oil prices reached a high of 65.35, a low of 63.55, and closed at 63.58, according to FXOpen's trading platform. The oil price plunge was influenced by various factors, including economic strengths and weaknesses, geopolitical events that can impact oil supply and demand, and the role of OPEC+, a key pillar in global oil distribution. OPEC+, the Organization of the Petroleum Exporting Countries and its allies, recently agreed to increase oil production. This decision, effective in September, could put downward pressure on oil prices by increasing supply in the global market. OPEC+ is scheduled to meet on September 7, 2025. Speculation regarding the outcome of this meeting could cause price volatility. Some analysts expect OPEC+ to maintain its voluntary production cuts, particularly from Saudi Arabia and Russia, while awaiting clearer demand data after the US summer holiday season. If OPEC+ chooses to withhold supply, this could support oil prices; conversely, if they decide to increase production further, oil prices could potentially fall. From a geopolitical perspective, US sanctions against entities involved in oil shipping, particularly those linked to Iran, could impact global supply. The market reacted by strengthening oil prices due to concerns that supplies from non-sanctioned sources would become increasingly limited. Elsewhere, ongoing Russia-Ukraine tensions, including the potential for sanctions escalation, continue to be a major geopolitical risk factor. These tensions could disrupt the supply chain and push oil prices up due to increased risk premiums. Another focus is on economic and inventory data. The EIA (U.S. Energy Information Administration) report is often a key driver of oil prices. The upcoming weekly release of crude oil inventory data on September 5th is crucial. If the data shows an increase in inventories, it indicates weak demand and could depress oil prices. Conversely, a decrease in inventories indicates strong demand and supports oil prices. After the summer holiday season ends, there are usually concerns about a decline in gasoline demand. This could be a factor that puts downward pressure on oil prices, although inventory data will provide clearer confirmation. Oil prices are also inversely correlated with the USD. Oil prices traded in US dollars tend to trade inversely. If the US dollar weakens, oil prices tend to rise. Conversely, if the USD strengthens, oil prices tend to weaken. This movement in the US dollar can influence the XTI/USD movement. Today, oil prices are likely to be highly dependent on sentiment ahead of the OPEC+ meeting later this week and the release of relevant US economic data.
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Hadig joined the community
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Mondays in September are shaping up as clear Bitcoin accumulation days. Institutions keep adding to their reserves, and Strategy is expected to announce another large purchase soon. This steady buying underscores how heavily whales are positioning for the long term. But while big money is stacking BTC, retail traders are looking for ways to get ahead. One promising play is the pre-market trading of LINEA on BingX. As an Ethereum scaling solution, LINEA brings faster speeds and lower costs to decentralized applications, making it a strong candidate within the broader $ETH ecosystem. Pre-market access means traders can secure positions before the spot market opens, potentially capturing momentum tied to Ethereum’s scaling narrative. It’s a chance for everyday traders to act early while the whales stay focused on Bitcoin. The real question is: will you follow institutions into $BTC, or position yourself early with $LINEA?
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WLFI went live yesterday and the price started off decent of up to 30%. Then came the big surprise, the team burned 47 million tokens, and more burns are expected from gas fees. This move has lowered supply, increased excitement, and boosted the potential of the token, which also encouraged holders to keep on holding their tokens, some whales are saying the price will get to $5 possibly in the future. I’m currently holding WLFI and DCAing, also making use of their fixed term wealth savings option that offers up to 100% APR. It’s a good way to grow my holdings while staying invested. If you’re looking to build up your WLFI, this could be something to check out because putting tokens to work and getting returns is much better than just keeping it idle in your portfolio. With this now will you be taking advantage of this by staking, or just holding?
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tobiluxy started following WLFI Holders: Fixed Savings Now Offering 100% APR Worth It?
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Just noticed something interesting on BingX regarding WLFI they have rolled out a fixed savings option with a 100% APR. Basically, if you’re already holding WLFI, you can lock it into their fixed-term wealth product and earn way higher returns than most platforms are offering right now. From what I see, it’s structured as a time-bound product (slots are limited), so once it fills up, that’s it. For people who are into holding WLFI long-term, this looks like a way to compound without stressing about trading volatility every day. I’m curious though has anyone here tried BingX’s fixed savings before with other tokens? How reliable has the payout been?
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Paysafecard Vouchers and Paysafecard Account Exchange Instantly (2025) Are you looking for a fast and secure way to exchange Paysafecard vouchers or account balance instantly? 💳 With our trusted service, you can convert Paysafecard PINs or account balance to PayPal, Revolut, Skrill, Neteller, Payoneer, Wise, WebMoney, BLIK (PLN), or even to crypto like Bitcoin, Ethereum, USDT, and many altcoins. 👉 Start your instant exchange here: https://ukash-wallet.com ✅ Supported Exchange Directions PayPal (EUR, USD, GBP, CAD) Revolut, Wise, Payoneer, Skrill, Neteller, WebMoney, BLIK PLN Visa / Mastercard & Bank Transfers (GBP, EUR, USD, AUD, CAD, AED, CHF, CZK, DKK, HUF, NOK, NZD, PLN, RON, SEK, TRY, SAR, KWD and more) Cryptocurrencies & Stablecoins Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dash, Ripple (XRP), Tron (TRX), Solana (SOL), Toncoin (TON), Monero (XMR) Tether USDT (TRC-20, ERC-20, BEP-20, Polygon, TON, Solana) 🌍 Accepted Countries We accept Paysafecard vouchers from: United Kingdom, Germany, France, Spain, Italy, Poland, Belgium, Netherlands, Switzerland, Austria, Canada, USA, Australia, Ireland, Denmark, Czech Republic, Slovakia, Norway, Sweden, Finland, Romania, Hungary, Croatia, Luxembourg, Lithuania, Latvia, Slovenia, Malta, Cyprus, Mexico, Kuwait, Saudi Arabia, UAE and many others. ⚡ Why Choose Our Exchange? ✔️ Instant exchange – no waiting times ✔️ Best rates for Paysafecard to PayPal, Revolut, USDT, BTC ✔️ Worldwide support – works with Paysafecard vouchers from 40+ countries ✔️ Secure & trusted platform – safe transactions guaranteed 💡 You can easily buy prepaid Paysafecard codes at supermarkets, kiosks, and gas stations. Then, use our service to convert Paysafecard to PayPal, Revolut, Wise, Neteller, Skrill, BLIK PLN, WebMoney or Crypto instantly. 👉 Try it now: https://ukash-wallet.com #Paysafecard #PayPal #Revolut #Wise #Skrill #Neteller #Payoneer #WebMoney #USDT #Bitcoin #Ethereum #Litecoin #Toncoin #Solana #Monero #XRP #Tron #InstantExchange #Visa #Mastercard
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JASMY is gaining heat again in Asia as more retail eyes turn to IoT-focused tokens. Tomorrow at 12:00 UTC, GATA will make its debut on BingX spot market. This type of event often gets overlooked but I think it’s actually key in discovering promising early-stage projects. When a project like GATA hits a solid exchange like BingX, it opens the door to more liquidity, more holders, and more awareness. It’s not just a technical milestone it’s a signal. It means the project is stepping out of its shell and going public in a big way. I always look at these listings to ask, why now? What does the team have planned next? A listing is never the end it’s usually the beginning of something worth watching.
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guide 👋👋 How to introduce yourself to the community
willowr replied to MrD's topic in Introduce Yourself & General Chat
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MrD started following NPBFX - TRADERS BATTLE for $1000 and iPhone 16 Pro has already started
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The contest "BATTLE OF TRADERS" has already started. Hurry up to register and get a chance to win 1000 USD and iPhone 16 Pro! Contest "BATTLE OF TRADERS" runs on a monthly basis on demo accounts of NPBFX MetaTrader 4 trading platform. Each contestant gets a free demo account with 5000 USD balance. Before registration in the contest participant should successfully pass verification of his Personal office. Contestants holding one of Top 20 places with biggest profit from initial funds will be announced as Winners of the Contest. Winners will be awarded with prizes only if they increased their initial funds by at least 30% and closed a minimum of 10 trades on the contest demo account. Prize Pool The contest fund is distributed among the winners as follows: Prize funds are credited to the balance of the real trading account and are available for trading operations. Profit accrued on trading operations on prize funds is fully available for withdrawals. Special prize iPhone 16 Pro 128Gb will be awarded to the contestant who takes first place in the Contest and manages to increase the initial deposit by at least 50 times. REGISTER
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willowr joined the community
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I’ve always been a big fan of gaming, especially Counter-Strike 2, and one of the things I’m constantly exploring is how to trade in-game skins online. The idea of being able to buy and sell skins on-chain always felt like something far off in the future, mostly because CS2 is built on Web2 infrastructure. But recently, I came across a project that’s actually bringing this vision to life: HUCH. After diving deeper into it, I realized it’s already listed on Bitget Onchain, which immediately caught my attention. I decided to add it to my portfolio, and in just one week, I watched its market cap jump from $2 million to $8 million. For me, this isn’t just about short-term hype, I see real potential in the long-term vision of bridging Web2 gaming with Web3 trading. That’s why I’ll be keeping a close eye on HUCH, while continuing to actively trade it on Bitget Onchain.
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bullseyemarkets started following Happy New Year Dear TGFers!
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LunaDrivingSchool changed their profile photo
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The crypto space has always been defined by innovation and bold opportunities, and BingX continues to lead that charge. With a thriving ecosystem that blends spot, futures, and copy trading, it’s more than just an exchange. It’s a hub where retail investors, seasoned traders, and communities collide. Recent price action across Bitcoin, altcoins, and DeFi tokens has only reinforced how fast the market moves, making platforms like BingX crucial for staying ahead. Now, with the “Deposit & Win” campaign, investors can share from a 50,000 USDT pool simply by participating. The perks extend beyond rewards: security, user-friendly tools, and constant liquidity are part of the package. If the future of finance is speed and inclusivity, the exchange is already playing that role. Are you ready to make your move, or will you just watch from the sidelines?
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Next month, the Federal Reserve will hold its Payments Innovation Conference, an event designed to explore how finance is changing in the digital age. Key discussions will center on stablecoins, tokenization, and artificial intelligence (AI), all of which are becoming major themes in shaping how money moves and how financial systems evolve. The conference reflects growing attention on how new technologies can support safer, faster, and more efficient payment methods. On another note, I noticed WLfi fixed term wealth on BingX, where WLfi can be fixed to earn 100% APR. It shows how quickly the financial landscape is shifting, with traditional institutions discussing the future while digital platforms are already experimenting with new earning opportunities. What are your thoughts on this