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CRYPTOCURRENCY MARKET RISES WITH THE US GOVERNMENT NOT SHUTDOWN
US House of Representatives Speaker Johnson's statement, "The government will not shut down. An agreement has been reached on government financing. The vote will be held today," had a positive impact on the cryptocurrency markets. With this development, Bitcoin (BTC) exceeded the $97,600 level again.
Government shutdowns usually create uncertainty in financial markets and negatively affect cryptocurrencies. However, this news that the government will remain open increased investor confidence and caused an increase in BTC and altcoins. Important price areas, especially in altcoins, have started to be retaken.
Analysts state that in addition to the government not shutting down, the US Federal Reserve's (Fed) plans to slow down interest rate cuts for 2025 could also have a positive impact on the markets. In addition, it is stated that the SEC's postponement decisions for spot Bitcoin ETF applications and the election process in the US have also had an impact on the cryptocurrency market.
Unless there is a big surprise for the weekend, it is expected that cryptocurrencies will be traded in a more comfortable environment.
#MarketPullback #binance #escoin #elg $BTC $ETH
US House of Representatives Speaker Johnson's statement, "The government will not shut down. An agreement has been reached on government financing. The vote will be held today," had a positive impact on the cryptocurrency markets. With this development, Bitcoin (BTC) exceeded the $97,600 level again.
Government shutdowns usually create uncertainty in financial markets and negatively affect cryptocurrencies. However, this news that the government will remain open increased investor confidence and caused an increase in BTC and altcoins. Important price areas, especially in altcoins, have started to be retaken.
Analysts state that in addition to the government not shutting down, the US Federal Reserve's (Fed) plans to slow down interest rate cuts for 2025 could also have a positive impact on the markets. In addition, it is stated that the SEC's postponement decisions for spot Bitcoin ETF applications and the election process in the US have also had an impact on the cryptocurrency market.
Unless there is a big surprise for the weekend, it is expected that cryptocurrencies will be traded in a more comfortable environment.
#MarketPullback #binance #escoin #elg $BTC $ETH
NEW SEC CHAIRMAN PAUL ATKINS: WHAT DOES IT MEAN FOR RIPPLE AND CRYPTOCURRENCIES?
#BtcNewHolder #xrp
US President Donald Trump has nominated Paul Atkins, known for his pro-crypto views, to head the Securities and Exchange Commission (SEC). Atkins served as SEC commissioner during the George W. Bush administration and is known for his support for financial innovation.
Atkins’ nomination is considered a promising development for Ripple (XRP) in particular and the cryptocurrency market in general. Analysts predict that under Atkins’ leadership, the SEC could adopt a friendlier approach to cryptocurrencies, allowing companies like Ripple to escape regulatory uncertainty.
Under former SEC Chairman Gary Gensler, the institution’s harsh stance against cryptocurrencies led to long-running legal battles with Ripple and negatively affected the price of XRP. With Atkins taking office, it is expected that these cases will be resolved more quickly and the legal status of XRP will be clarified.
In addition, if Atkins introduces more flexible regulations for cryptocurrencies, it is estimated that the legitimacy of XRP will increase and the interest of institutional investors will increase. This could lead to wider acceptance of Ripple's cross-border payment solutions.
As a result, the nomination of Paul Atkins as SEC chairman has created a positive atmosphere in the cryptocurrency market. Atkins' crypto-friendly policies can encourage innovation in the sector and increase investor confidence by reducing regulatory uncertainties.
#escoin #elg
References:
• Kriptokoin. (2024). What Does the New SEC Chairman Mean for Ripple and Crypto?
• CoinTürk. (2024). Last Minute: Here is the New SEC Chairman, What Will Happen to Cryptocurrencies.
• Wikipedia. (2024). Paul S. Atkins.
#BtcNewHolder #xrp
US President Donald Trump has nominated Paul Atkins, known for his pro-crypto views, to head the Securities and Exchange Commission (SEC). Atkins served as SEC commissioner during the George W. Bush administration and is known for his support for financial innovation.
Atkins’ nomination is considered a promising development for Ripple (XRP) in particular and the cryptocurrency market in general. Analysts predict that under Atkins’ leadership, the SEC could adopt a friendlier approach to cryptocurrencies, allowing companies like Ripple to escape regulatory uncertainty.
Under former SEC Chairman Gary Gensler, the institution’s harsh stance against cryptocurrencies led to long-running legal battles with Ripple and negatively affected the price of XRP. With Atkins taking office, it is expected that these cases will be resolved more quickly and the legal status of XRP will be clarified.
In addition, if Atkins introduces more flexible regulations for cryptocurrencies, it is estimated that the legitimacy of XRP will increase and the interest of institutional investors will increase. This could lead to wider acceptance of Ripple's cross-border payment solutions.
As a result, the nomination of Paul Atkins as SEC chairman has created a positive atmosphere in the cryptocurrency market. Atkins' crypto-friendly policies can encourage innovation in the sector and increase investor confidence by reducing regulatory uncertainties.
#escoin #elg
References:
• Kriptokoin. (2024). What Does the New SEC Chairman Mean for Ripple and Crypto?
• CoinTürk. (2024). Last Minute: Here is the New SEC Chairman, What Will Happen to Cryptocurrencies.
• Wikipedia. (2024). Paul S. Atkins.
CALL FOR A NEW ERA FOR CRYPTOCURRENCIES FROM THE US
#Write2Earn
US Federal Deposit Insurance Corporation (FDIC) Deputy Chairman Travis Hill stated that practices restricting banks' cryptocurrency activities should be ended and cooperation with blockchain technologies should be increased.
Hill stated that federal institutions have used "cease and desist letters" in the past to prevent banks from expanding their cryptocurrency-related activities, emphasizing that such practices hinder innovation and create the perception that the FDIC is against blockchain technology.
Hill also stated that approaches similar to "Operation Choke Point" should be ended, and called for a review of the implementation of the Bank Secrecy Act. He said that this law creates a high risk of non-compliance fines for banks and increases account closure trends.
The FDIC Deputy Chairman pledged to improve cooperation between the banking sector and crypto technologies, while also emphasizing that a more balanced approach should be adopted to support innovation. These statements are an important message for investors in the cryptocurrency ecosystem and the banking sector.
While it is discussed that regulations should progress in a balanced way with innovation in the cryptocurrency world, Hill's words may be a harbinger of an approach that supports the potential of blockchain technology in the financial sector.
#escoin #elg #binance
- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes. STAY TUNED FOR REAL, SCIENTIFIC ARTICLES FAR FROM SPECULATION❗️ Definitely do your own research❗️
$BTC $ETH
#Write2Earn
US Federal Deposit Insurance Corporation (FDIC) Deputy Chairman Travis Hill stated that practices restricting banks' cryptocurrency activities should be ended and cooperation with blockchain technologies should be increased.
Hill stated that federal institutions have used "cease and desist letters" in the past to prevent banks from expanding their cryptocurrency-related activities, emphasizing that such practices hinder innovation and create the perception that the FDIC is against blockchain technology.
Hill also stated that approaches similar to "Operation Choke Point" should be ended, and called for a review of the implementation of the Bank Secrecy Act. He said that this law creates a high risk of non-compliance fines for banks and increases account closure trends.
The FDIC Deputy Chairman pledged to improve cooperation between the banking sector and crypto technologies, while also emphasizing that a more balanced approach should be adopted to support innovation. These statements are an important message for investors in the cryptocurrency ecosystem and the banking sector.
While it is discussed that regulations should progress in a balanced way with innovation in the cryptocurrency world, Hill's words may be a harbinger of an approach that supports the potential of blockchain technology in the financial sector.
#escoin #elg #binance
- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes. STAY TUNED FOR REAL, SCIENTIFIC ARTICLES FAR FROM SPECULATION❗️ Definitely do your own research❗️
$BTC $ETH
When wondering where the crypto market will sit in the future, different projects emerge..
#elg #escoin seems to be one of the rare crypto assets that make future plans like #doge ...
Innovative platform for business and banking, global legal services! Take a look at the future of the legal system!
market value
$163,968,241
Full Dilution. Valuation
$291,270,402
24-Hour Trading Volume
$673,992
Circulation Supply
140,735,412
Total Supply
250,000,000
It is not investment advice.
#Binance
#elg
#elg #escoin seems to be one of the rare crypto assets that make future plans like #doge ...
Innovative platform for business and banking, global legal services! Take a look at the future of the legal system!
market value
$163,968,241
Full Dilution. Valuation
$291,270,402
24-Hour Trading Volume
$673,992
Circulation Supply
140,735,412
Total Supply
250,000,000
It is not investment advice.
#Binance
#elg
TRUMP STARTED WAR AGAINST BANKS WITH CRYPTO‼️
#Binance
Donald Trump is challenging big banks and financial elites by launching a new platform for the cryptocurrency sector. This project, called “DeFiant Ones,” is described by Trump as the “future of finance” and aims to break the dominance of big banks.
Trump stated that if he wins the presidential election, he will implement policies that support crypto and create a national stock for Bitcoin.
This move could trigger a significant change in both the financial world and the political arena (Independent, 2024).
This move could trigger a significant change in both the financial world and the political arena (Independent, 2024).
#Bitcoin #elg #escoin #BinanceHerYerde $BTC $ETH
References:
- Independent. “Donald Trump promotes new crypto platform to take on banks”. Retrieved September 12, 2024.
#Binance
Donald Trump is challenging big banks and financial elites by launching a new platform for the cryptocurrency sector. This project, called “DeFiant Ones,” is described by Trump as the “future of finance” and aims to break the dominance of big banks.
Trump stated that if he wins the presidential election, he will implement policies that support crypto and create a national stock for Bitcoin.
This move could trigger a significant change in both the financial world and the political arena (Independent, 2024).
This move could trigger a significant change in both the financial world and the political arena (Independent, 2024).
#Bitcoin #elg #escoin #BinanceHerYerde $BTC $ETH
References:
- Independent. “Donald Trump promotes new crypto platform to take on banks”. Retrieved September 12, 2024.
SOUTH KOREA REVIEWS CRYPTOCURRENCY POLICY‼️
#Bitcoin #escoin #elg
South Korea is considering major reforms regarding cryptocurrencies ahead of the 2024 general elections. The ruling People's Power Party is planning legal regulations to allow institutions to invest in cryptocurrencies such as Bitcoin and to lift the ban on cryptocurrency ETFs. This move is seen as a strategy that targets young voters in particular. In addition, the country's financial regulator is planning to hold talks with the US about Spot Bitcoin ETFs. Thus, South Korea aims to adopt a cryptocurrency policy that is in line with international standards.
Conclusion: These changes in South Korea's cryptocurrency policies could deeply affect both electoral strategies and crypto markets.
#Binance #EscoinToken $BTC $ETH References • Bitcoinist. “Spot Bitcoin ETFs Coming To South Korea? -Report”. Accessed: 11 October 2024. • Cryptopolitan. “South Korea's Ruling Party Mulls Bitcoin ETFs as Election Promise”. Accessed: 11 October 2024. • CryptoPotato. “Change of Heart: South Korea to Discuss Spot Bitcoin ETFs With US SEC”. Access: 11 October 2024.
#Bitcoin #escoin #elg
South Korea is considering major reforms regarding cryptocurrencies ahead of the 2024 general elections. The ruling People's Power Party is planning legal regulations to allow institutions to invest in cryptocurrencies such as Bitcoin and to lift the ban on cryptocurrency ETFs. This move is seen as a strategy that targets young voters in particular. In addition, the country's financial regulator is planning to hold talks with the US about Spot Bitcoin ETFs. Thus, South Korea aims to adopt a cryptocurrency policy that is in line with international standards.
Conclusion: These changes in South Korea's cryptocurrency policies could deeply affect both electoral strategies and crypto markets.
#Binance #EscoinToken $BTC $ETH References • Bitcoinist. “Spot Bitcoin ETFs Coming To South Korea? -Report”. Accessed: 11 October 2024. • Cryptopolitan. “South Korea's Ruling Party Mulls Bitcoin ETFs as Election Promise”. Accessed: 11 October 2024. • CryptoPotato. “Change of Heart: South Korea to Discuss Spot Bitcoin ETFs With US SEC”. Access: 11 October 2024.
TON BLOCKCHAIN COLLAPSES: WARNING BELL❓
#Bitcoin
The Telegram-connected TON blockchain experienced a 7-hour outage due to excessive transaction volume triggered by the launch of the DOGS memecoin. During the outage, major exchanges such as Binance and Bybit stopped trading TON. Validators had to reboot their nodes to restart block production.
This incident raises concerns about TON’s ability to maintain security under high traffic.
🔥🔥🔥 While Pavel Durov's legal problems continue, the question of whether Toncoin is still safe is on the agenda‼️
👇👇👇
#Binance #elg #ETH #escoin $BTC $ETH $TON
#Bitcoin
The Telegram-connected TON blockchain experienced a 7-hour outage due to excessive transaction volume triggered by the launch of the DOGS memecoin. During the outage, major exchanges such as Binance and Bybit stopped trading TON. Validators had to reboot their nodes to restart block production.
This incident raises concerns about TON’s ability to maintain security under high traffic.
🔥🔥🔥 While Pavel Durov's legal problems continue, the question of whether Toncoin is still safe is on the agenda‼️
👇👇👇
#Binance #elg #ETH #escoin $BTC $ETH $TON
EL SALVADOR’S BITCOIN MOVE: PRESIDENT BUKELE “WE DID IT EVEN IF EXPECTATIONS WERE NOT MET‼️”
#Bitcoin
El Salvador President Nayib Bukele announced that Bitcoin’s acceptance in his country was lower than expected. Bukele said, “I accept that Bitcoin has not gained the widespread acceptance we expected, but many Salvadorans are using it.” El Salvador, which introduced Bitcoin as a legal currency, attracted attention with this decision in 2021. However, in an interview with Time magazine, Bukele stated that this experiment had mixed results.
Drawing attention to the voluntary adoption of Bitcoin, Bukele said, “We offered Bitcoin as an option and those who used it made a profit.” This step taken by El Salvador in order to digitize the economy and reduce dependence on the US dollar has caused controversy around the world. The country spent $75 million to distribute Bitcoin to the public via the Chivo wallet and plans to set up a national Bitcoin mine.
🔥🔥🔥 President Bukele said, “Users have made huge returns as the price of Bitcoin approaches its peak again.” El Salvador’s Bitcoin experiment draws attention in global crypto politics for both its success and its difficulties‼️
#Binance #escoin #ETH #elg $BTC
#Bitcoin
El Salvador President Nayib Bukele announced that Bitcoin’s acceptance in his country was lower than expected. Bukele said, “I accept that Bitcoin has not gained the widespread acceptance we expected, but many Salvadorans are using it.” El Salvador, which introduced Bitcoin as a legal currency, attracted attention with this decision in 2021. However, in an interview with Time magazine, Bukele stated that this experiment had mixed results.
Drawing attention to the voluntary adoption of Bitcoin, Bukele said, “We offered Bitcoin as an option and those who used it made a profit.” This step taken by El Salvador in order to digitize the economy and reduce dependence on the US dollar has caused controversy around the world. The country spent $75 million to distribute Bitcoin to the public via the Chivo wallet and plans to set up a national Bitcoin mine.
🔥🔥🔥 President Bukele said, “Users have made huge returns as the price of Bitcoin approaches its peak again.” El Salvador’s Bitcoin experiment draws attention in global crypto politics for both its success and its difficulties‼️
#Binance #escoin #ETH #elg $BTC
5 BILLION MATIC MOVED TO POLYGON‼️
#Bitcoin
According to Whale Alert data, 5,157,399,791 MATIC (worth approximately $608.7 million) was transferred from the Bitvavo exchange to a Polygon address. Arkham's observations confirm that this transfer was made to the PolygonMigration (Proxy) address.
This transaction is considered a significant development in the crypto world and has led to various speculations on the market. Such large-scale transfers can often be interpreted as strategic moves such as liquidity management or asset restructuring.
🔥🔥🔥 Investors should follow such movements closely and take market fluctuations into account‼️
#Binance #elg #matic #escoin $MATIC $BTC $ETH
#Bitcoin
According to Whale Alert data, 5,157,399,791 MATIC (worth approximately $608.7 million) was transferred from the Bitvavo exchange to a Polygon address. Arkham's observations confirm that this transfer was made to the PolygonMigration (Proxy) address.
This transaction is considered a significant development in the crypto world and has led to various speculations on the market. Such large-scale transfers can often be interpreted as strategic moves such as liquidity management or asset restructuring.
🔥🔥🔥 Investors should follow such movements closely and take market fluctuations into account‼️
#Binance #elg #matic #escoin $MATIC $BTC $ETH
FED'S INTEREST RATE CUT IN SEPTEMBER: 25 BASIS POINTS OR 50 BASIS POINTS❓
#BinanceHerYerde
Johns Hopkins University economist Steve Hanke, who suggested that the US Federal Reserve's (Fed) 25 basis point interest rate cut was already expected by the market and that this cut could cause a "sell the news" reaction, stated that a 50 basis point cut could positively affect the market. Hanke said, "The market is already expecting a 25 basis point cut, and this means that the actual cut could be disappointing. However, a 50 basis point cut could stimulate the market" (BlockBeats, 2024).
As a result, the decision the Fed will make could have a significant impact on the direction of the market.
#Bitcoin #elg #Binance #escoin $BTC
References:
• BlockBeats, 2024, “The Fed’s September Interest Rate Decision’s Impact on the Market.”
#BinanceHerYerde
Johns Hopkins University economist Steve Hanke, who suggested that the US Federal Reserve's (Fed) 25 basis point interest rate cut was already expected by the market and that this cut could cause a "sell the news" reaction, stated that a 50 basis point cut could positively affect the market. Hanke said, "The market is already expecting a 25 basis point cut, and this means that the actual cut could be disappointing. However, a 50 basis point cut could stimulate the market" (BlockBeats, 2024).
As a result, the decision the Fed will make could have a significant impact on the direction of the market.
#Bitcoin #elg #Binance #escoin $BTC
References:
• BlockBeats, 2024, “The Fed’s September Interest Rate Decision’s Impact on the Market.”
SEPARATING LINE PATTERN: THE STRENGTH OF THE CONTINUING TREND‼️
#Bitcoin #elg
Separating Line is a candlestick chart pattern consisting of two candles. In a bull market, the first candle falls while the second candle rises from the opening price, indicating that the trend will continue. In a bear market, the first candle rises while the second candle falls from the opening price, indicating that the downtrend will continue. The reliability of this pattern depends on the volume of the second candle and the length of the candles. When using this pattern in trading, it is important to support it with additional technical analysis such as volatility and momentum.
This pattern gives investors strong signals that the current trends will continue.
#Binance #escoin $BTC $ETH REFERENCES 1. Synapse Trading. Bullish Separating Lines & Bearish Separating Lines. Synapse Trading.
2. Definedge Securities. Bearish Separating Lines. Definedge Securities.
3. Patterns Wizard. Separating Lines Candlestick Pattern: Definition. Patterns Wizard.
#Bitcoin #elg
Separating Line is a candlestick chart pattern consisting of two candles. In a bull market, the first candle falls while the second candle rises from the opening price, indicating that the trend will continue. In a bear market, the first candle rises while the second candle falls from the opening price, indicating that the downtrend will continue. The reliability of this pattern depends on the volume of the second candle and the length of the candles. When using this pattern in trading, it is important to support it with additional technical analysis such as volatility and momentum.
This pattern gives investors strong signals that the current trends will continue.
#Binance #escoin $BTC $ETH REFERENCES 1. Synapse Trading. Bullish Separating Lines & Bearish Separating Lines. Synapse Trading.
2. Definedge Securities. Bearish Separating Lines. Definedge Securities.
3. Patterns Wizard. Separating Lines Candlestick Pattern: Definition. Patterns Wizard.
MEMECOIN SUPER CYCLE: COMING SOON❓
#escoin #btc #elg
MemeCoins have gained popularity thanks to their viral marketing and community-focused structure. According to crypto expert Satoshi Nakamoto, MemeCoins offer a profit opportunity especially for ordinary investors who follow the Ethereum ecosystem closely. The key to success is to create an information advantage by constantly connecting with relevant MemeCoin communities.
However, it is impossible to follow every trend or hot topic in the crypto market. Instead, it is important to focus on large-scale opportunities and act at the right times without getting carried away by small-scale, short-term trends. While Nakamoto emphasizes that MemeCoins can be an easy entry point for some, he emphasizes that the real challenge is knowing when to act. Following the right community and being knowledgeable can increase the chance of success in this volatile crypto environment.
However, investors should be careful. MemeCoins can be highly speculative and carry a high risk of loss. Investment decisions should always be based on thorough research.
🔥🔥🔥Conclusion: A MemeCoin supercycle may be on the horizon, but success depends on selective participation and informed action‼️
#binance #escointoken $BTC $ETH
- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes only. STAY TUNED‼️ Be sure to do your own research❗️
Sources:
• Nakamoto, Satoshi. Bitcoin Whitepaper, 2008. • CoinTelegraph, “Will MemeCoin Cycles Return?”, 2023. • Forbes, “The Rise of MemeCoins: Trend or Trap?”, 2023.
#escoin #btc #elg
MemeCoins have gained popularity thanks to their viral marketing and community-focused structure. According to crypto expert Satoshi Nakamoto, MemeCoins offer a profit opportunity especially for ordinary investors who follow the Ethereum ecosystem closely. The key to success is to create an information advantage by constantly connecting with relevant MemeCoin communities.
However, it is impossible to follow every trend or hot topic in the crypto market. Instead, it is important to focus on large-scale opportunities and act at the right times without getting carried away by small-scale, short-term trends. While Nakamoto emphasizes that MemeCoins can be an easy entry point for some, he emphasizes that the real challenge is knowing when to act. Following the right community and being knowledgeable can increase the chance of success in this volatile crypto environment.
However, investors should be careful. MemeCoins can be highly speculative and carry a high risk of loss. Investment decisions should always be based on thorough research.
🔥🔥🔥Conclusion: A MemeCoin supercycle may be on the horizon, but success depends on selective participation and informed action‼️
#binance #escointoken $BTC $ETH
- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes only. STAY TUNED‼️ Be sure to do your own research❗️
Sources:
• Nakamoto, Satoshi. Bitcoin Whitepaper, 2008. • CoinTelegraph, “Will MemeCoin Cycles Return?”, 2023. • Forbes, “The Rise of MemeCoins: Trend or Trap?”, 2023.
🔥🔥🔥 BLACKROCK'S TWO FUNDS PURCHASED FROM THE COMPANY'S BITCOIN SPOT ETF‼️
#Bitcoin
➡️ With yesterday's figures, the IBIT fund, which has become the world's largest Bitcoin ETF by surpassing Grayscale for the first time since January, is also purchased by other funds of BlackRock. BlackRock announced in its notification to the SEC that two of its ETFs have added the IBIT ETF to their funds.
➡️ It took just 96 trading days for BlackRock's Bitcoin spot ETF to become the largest Bitcoin fund in the world. The reason behind this success lies in the fact that large companies prefer BlackRock to receive Bitcoin funds. The company's Strategic Yield Opportunities Fund and Strategic Global Bond Fund purchased the IBIT ETF for $3.6 million and $486 thousand, respectively.
➡️ It was reported that more than 400 companies purchased from the IBIT fund in the first quarter of 2024. Bloomberg ETF expert Eric Balchunas described this situation as a "mind eclipse".
🔥🔥🔥 BlackRock's Bitcoin spot ETF has rapidly become a leader worldwide, and the strategic investments of large companies play an important role in this success!!
#Binance #elg #escoin #Polygon $BTC $ETH $SOL
#Bitcoin
➡️ With yesterday's figures, the IBIT fund, which has become the world's largest Bitcoin ETF by surpassing Grayscale for the first time since January, is also purchased by other funds of BlackRock. BlackRock announced in its notification to the SEC that two of its ETFs have added the IBIT ETF to their funds.
➡️ It took just 96 trading days for BlackRock's Bitcoin spot ETF to become the largest Bitcoin fund in the world. The reason behind this success lies in the fact that large companies prefer BlackRock to receive Bitcoin funds. The company's Strategic Yield Opportunities Fund and Strategic Global Bond Fund purchased the IBIT ETF for $3.6 million and $486 thousand, respectively.
➡️ It was reported that more than 400 companies purchased from the IBIT fund in the first quarter of 2024. Bloomberg ETF expert Eric Balchunas described this situation as a "mind eclipse".
🔥🔥🔥 BlackRock's Bitcoin spot ETF has rapidly become a leader worldwide, and the strategic investments of large companies play an important role in this success!!
#Binance #elg #escoin #Polygon $BTC $ETH $SOL
🔥🔥🔥 IF THE BUBBLE BURST IN THE MARKETS, THE FUTURE OF BITCOIN IS UNCERTAIN‼️
#Bitcoin
➡️ Mike McGlone, one of Bloomberg's leading commodity analysts, stated that Bitcoin is among the assets that could take the biggest hit in a possible market bubble explosion. According to McGlone, Bitcoin's direction could be down in such a scenario.
➡️ McGlone also made important evaluations about the Bitcoin price. He stated that the Fed funding rate is approximately 2% above the Consumer Price Index, which is restrictive. However, he said rising fiscal deficits appear unstoppable and therefore gold could continue to rise against most commodities and stocks in the second quarter of the year.
➡️ Stating that Bitcoin, as a risky asset, was at the top of the annual performance report at the end of the first half, while the Bloomberg US Treasury 20+ total return index was at the bottom, McGlone pointed out that there may be some return in the second half. He added that if commodities follow a normal path towards low pricing and risky assets rise slightly, there could be a deflation trend following inflation reaching 2022 highs.
🔥 According to McGlone, in the event of a bubble burst in the markets, risky assets such as Bitcoin may be exposed to large fluctuations and investors should be prepared for this scenario❗️
#elg #Binance #escoin #EscoinToken
$BTC $ETH $BNB
#Bitcoin
➡️ Mike McGlone, one of Bloomberg's leading commodity analysts, stated that Bitcoin is among the assets that could take the biggest hit in a possible market bubble explosion. According to McGlone, Bitcoin's direction could be down in such a scenario.
➡️ McGlone also made important evaluations about the Bitcoin price. He stated that the Fed funding rate is approximately 2% above the Consumer Price Index, which is restrictive. However, he said rising fiscal deficits appear unstoppable and therefore gold could continue to rise against most commodities and stocks in the second quarter of the year.
➡️ Stating that Bitcoin, as a risky asset, was at the top of the annual performance report at the end of the first half, while the Bloomberg US Treasury 20+ total return index was at the bottom, McGlone pointed out that there may be some return in the second half. He added that if commodities follow a normal path towards low pricing and risky assets rise slightly, there could be a deflation trend following inflation reaching 2022 highs.
🔥 According to McGlone, in the event of a bubble burst in the markets, risky assets such as Bitcoin may be exposed to large fluctuations and investors should be prepared for this scenario❗️
#elg #Binance #escoin #EscoinToken
$BTC $ETH $BNB
🔥🔥🔥 FEARING PREDICTION FROM TRUMP ABOUT THE DOLLAR: RESERVE CURRENCY STATUS IS IN DANGER OR BITCOIN‼️
#Bitcoin
➡️ Former US President and 2024 Presidential candidate Donald J. Trump warned that the US Dollar may lose its position as the world reserve currency. Stating that many countries turned to other currencies with the decline of the dollar, Trump compared this situation to losing a great war. He emphasized that Russia, Saudi Arabia, China and Iran are the countries that want to damage the dollar the most and said that the importance of the US Dollar in foreign exchange reserves has decreased.
While Trump claimed that he would restore dollar hegemony if elected, he stated that the future is uncertain as the USD continues to weaken against Bitcoin.
➡️ The Winklevoss twins' $2 million donation to the Trump campaign indicates that Trump is a suitable candidate for those interested in digital currencies. However, the campaign had to return this money because donation limits were exceeded.
Trump's stance on digital currencies indicates that the 2024 elections will have major impacts on the US economy and financial system. Only time will tell whether the US Dollar or Bitcoin will be preferred in the future.
🔥🔥🔥 Trump's predictions about the dollar and his approach to digital currencies will have great repercussions in the world of economy and finance in the 2024 elections!!
#Binance #elg #escoin $BTC $ETH $BNB
#Bitcoin
➡️ Former US President and 2024 Presidential candidate Donald J. Trump warned that the US Dollar may lose its position as the world reserve currency. Stating that many countries turned to other currencies with the decline of the dollar, Trump compared this situation to losing a great war. He emphasized that Russia, Saudi Arabia, China and Iran are the countries that want to damage the dollar the most and said that the importance of the US Dollar in foreign exchange reserves has decreased.
While Trump claimed that he would restore dollar hegemony if elected, he stated that the future is uncertain as the USD continues to weaken against Bitcoin.
➡️ The Winklevoss twins' $2 million donation to the Trump campaign indicates that Trump is a suitable candidate for those interested in digital currencies. However, the campaign had to return this money because donation limits were exceeded.
Trump's stance on digital currencies indicates that the 2024 elections will have major impacts on the US economy and financial system. Only time will tell whether the US Dollar or Bitcoin will be preferred in the future.
🔥🔥🔥 Trump's predictions about the dollar and his approach to digital currencies will have great repercussions in the world of economy and finance in the 2024 elections!!
#Binance #elg #escoin $BTC $ETH $BNB
🔥🔥🔥 NEW 1 BILLION DOLLAR FUND FROM PANTERA CAPITAL: ARTIFICIAL INTELLIGENCE AND CRYPTO COMBINE‼️
#Bitcoin
➡️ Pantera Capital, a pioneer in cryptocurrencies and blockchain technology, announced that it will launch a new $1 billion crypto fund. $200 million of this fund will be allocated to artificial intelligence-related crypto projects. In an interview with DL News, Pantera Capital portfolio manager Cosmo Jiang stated that every crypto company will turn into an artificial intelligence initiative in the next 10-20 years.
➡️ Jiang stated that they invested 15-20% of the capital in artificial intelligence-focused projects in a previous fund and that they aim to increase this ratio in the new fund. Pantera had also recently invested in artificial intelligence-powered Nexus Laboratories.
🔥 This new fund of Pantera Capital aims to make a significant impact in the industry by accelerating the integration of artificial intelligence and crypto projects❗️
#Binance #elg #escoin #Elg $BTC $ETH $BNB
#Bitcoin
➡️ Pantera Capital, a pioneer in cryptocurrencies and blockchain technology, announced that it will launch a new $1 billion crypto fund. $200 million of this fund will be allocated to artificial intelligence-related crypto projects. In an interview with DL News, Pantera Capital portfolio manager Cosmo Jiang stated that every crypto company will turn into an artificial intelligence initiative in the next 10-20 years.
➡️ Jiang stated that they invested 15-20% of the capital in artificial intelligence-focused projects in a previous fund and that they aim to increase this ratio in the new fund. Pantera had also recently invested in artificial intelligence-powered Nexus Laboratories.
🔥 This new fund of Pantera Capital aims to make a significant impact in the industry by accelerating the integration of artificial intelligence and crypto projects❗️
#Binance #elg #escoin #Elg $BTC $ETH $BNB
MORE THAN 1 MILLION ADDRESSES HOLD MORE THAN 1 BITCOIN
#Bitcoin
➡️ IntoTheBlock data shows that the number of addresses holding more than 1 Bitcoin has reached 1,010,777. This means Bitcoin is becoming more widespread and interest from individual investors is increasing.
🔥 Bitcoin appears to be solidifying its place in the digital economy and being adopted by more people as a long-term investment tool❗️
#Binance #elg #escoin #EscoinToken $BTC
#Bitcoin
➡️ IntoTheBlock data shows that the number of addresses holding more than 1 Bitcoin has reached 1,010,777. This means Bitcoin is becoming more widespread and interest from individual investors is increasing.
🔥 Bitcoin appears to be solidifying its place in the digital economy and being adopted by more people as a long-term investment tool❗️
#Binance #elg #escoin #EscoinToken $BTC
MIDDLE EAST TENSION AND OIL PRICES MOVED FOREIGN EXCHANGE MARKETS‼️
#Binance
There was activity in the foreign exchange markets on the morning of August 5. Rising tensions in the Middle East and fluctuations in oil prices affected the value of currencies. The Swiss franc rose on safe-haven demand, while the Canadian dollar gained value ahead of the open of oil futures. The US dollar traded in Sydney markets lost value against the G-10 main currencies.
The US dollar fell 0.1% against the Canadian dollar to 1.3860 and fell 0.1% against the Swiss franc to 0.8583, making it five consecutive days of decline. The Australian dollar increased by 0.1% to 0.6519 against the US dollar, while the US dollar increased by 0.1% to 146.66 against the Japanese yen.
Experts state that these fluctuations in foreign exchange markets are directly related to geopolitical developments in the Middle East and movements in energy markets. Forex analyst James Harland says, “The weakening of the US dollar has led to the appreciation of different currencies due to investors turning to safe havens and developments in energy markets.”
Result: Tension in the Middle East and developments in energy markets directly affect foreign exchange markets, causing investors to move between currencies. Such situations increase uncertainty in the markets and require more careful monitoring.
#Bitcoin #escoin #elg #btc $BTC $ETH $BNB
#Binance
There was activity in the foreign exchange markets on the morning of August 5. Rising tensions in the Middle East and fluctuations in oil prices affected the value of currencies. The Swiss franc rose on safe-haven demand, while the Canadian dollar gained value ahead of the open of oil futures. The US dollar traded in Sydney markets lost value against the G-10 main currencies.
The US dollar fell 0.1% against the Canadian dollar to 1.3860 and fell 0.1% against the Swiss franc to 0.8583, making it five consecutive days of decline. The Australian dollar increased by 0.1% to 0.6519 against the US dollar, while the US dollar increased by 0.1% to 146.66 against the Japanese yen.
Experts state that these fluctuations in foreign exchange markets are directly related to geopolitical developments in the Middle East and movements in energy markets. Forex analyst James Harland says, “The weakening of the US dollar has led to the appreciation of different currencies due to investors turning to safe havens and developments in energy markets.”
Result: Tension in the Middle East and developments in energy markets directly affect foreign exchange markets, causing investors to move between currencies. Such situations increase uncertainty in the markets and require more careful monitoring.
#Bitcoin #escoin #elg #btc $BTC $ETH $BNB
🔥🔥🔥 PEPE COIN SALES HAVE STARTED: WHALES ARE MAKING THEIR BIG PROFITS‼️
#Binance
➡️ A cryptocurrency whale started selling Pepe Coin (PEPE) after making millions of dollars in profit thanks to its investment. According to data from on-chain analysis platform Lookonchain, this whale deposited 400 billion PEPE worth approximately $4.22 million into the Binance exchange on August 1. With this investment, he made approximately twice the profit.
➡️ Five months ago, this whale withdrew 796 billion PEPE from Binance for $2.51 million. After the last transfer, 396 billion PEPE worth $4.18 million remained in the whale's wallet. The total profit earned by the whale from its PEPE investment was recorded as 5.9 million dollars.
➡️ Although Pepe Coin is one of the leading names in the meme coin market, it has been affected by the recent declines in the market. According to CoinGecko data, PEPE is trading at $0.00001059 at the time of writing, losing 7% in value in the last 24 hours.
🔥🔥🔥 Whales starting to realize their profits may continue to affect PEPE's market performance. We are entering a period that investors should follow carefully!!
#Bitcoin #elg #escoin #btc $PEPE
#Binance
➡️ A cryptocurrency whale started selling Pepe Coin (PEPE) after making millions of dollars in profit thanks to its investment. According to data from on-chain analysis platform Lookonchain, this whale deposited 400 billion PEPE worth approximately $4.22 million into the Binance exchange on August 1. With this investment, he made approximately twice the profit.
➡️ Five months ago, this whale withdrew 796 billion PEPE from Binance for $2.51 million. After the last transfer, 396 billion PEPE worth $4.18 million remained in the whale's wallet. The total profit earned by the whale from its PEPE investment was recorded as 5.9 million dollars.
➡️ Although Pepe Coin is one of the leading names in the meme coin market, it has been affected by the recent declines in the market. According to CoinGecko data, PEPE is trading at $0.00001059 at the time of writing, losing 7% in value in the last 24 hours.
🔥🔥🔥 Whales starting to realize their profits may continue to affect PEPE's market performance. We are entering a period that investors should follow carefully!!
#Bitcoin #elg #escoin #btc $PEPE
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