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🚀 Bitcoin Blasts Past $60K: ‘This Time Is Different’ Says Analyst Bitcoin has reclaimed the critical $60,000 level for the first time in weeks, but analysts are signaling this time, it’s different. With institutional investors stepping in, BTC is gearing up for a new era of bullish momentum. Crypto analyst Rajat Soni emphasized the shift, noting that Bitcoin has been consolidating above $50K for over six months, unlike the retail-driven rallies of the past. He warned: "Institutional investors are buying everything retail is selling. If you’re selling, be ready to pay more to get it back." - Bitcoin is up 12.4% in the last 7 days - BTC dominance hits a new cycle high at 57.80% Plenty of traders are predicting that Bitcoin might close September in the green for just the 4th time in its history. Meanwhile, data from CoinGlass shows that historically, September has been a brutal month for BTC, averaging a 4.49% loss over the past 11 years. Could we finally break the trend? Analysts are keeping a close eye on BTC’s 200-day moving average for confirmation of a full breakout. Will we see a major altcoin rally follow suit? Only time will tell, but with institutional power backing Bitcoin, the sky might not even be the limit this time. Stay updated with @Professor Mende - Bonuz Ecosystem Founder ! #Bitcoin #BTC #CryptoBullRun #CryptoNews #HODL $BTC
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🛑 Bitcoin volatile as US INFLATION and job data shake markets! Bitcoin slipped below $58K as fresh US Producer Price Index (PPI) and jobless claims data surprised the markets. Mixed signals on inflation sparked volatility, as the PPI saw a 0.3% increase in August, slightly higher than expected, while the year-on-year rate cooled to 2.4%. This follows the theme of conflicting inflation metrics we’ve seen recently. Meanwhile, unemployment claims came in hotter than anticipated at 230,750 vs. the expected 227,000 —adding another layer of complexity for traders. Despite these mixed signals, experts like The Kobeissi Letter still expect the Federal Reserve to cut interest rates by 0.25% at the upcoming Sept. 18 meeting, with markets pricing in 85% odds for this cut. Notably, the European Central Bank (ECB) already made its move, front-running the Fed with its own rate cut. Where does Bitcoin go from here? After a volatile US trading session, Bitcoin bounced back above $57,300, tracking gains in tech stocks. However, resistance looms around the $60K mark, with market optimism staying cautious. Popular trader Skew highlighted that market sentiment is weak due to overhead resistance, saying it will take "a lot more" to push Bitcoin through these levels. Data from CoinGlass also shows increasing ask liquidity at $58,500, further anchoring BTC price. According to statistician Willy Woo, market conditions remain indecisive, signaling more choppy waters ahead for Bitcoin traders. As macroeconomic events unfold, eyes are now on how Bitcoin reacts in the coming days. Will it find support, or are we heading for more downside action? Stay tuned with @Professor Mende - Bonuz Ecosystem Founder #CPI_BTC_Watch #USNonFarmPayrollReport #USDataImpact #DOGSONBINANCE $BTC
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🚀 UAE Approves Digital Asset Custodial Risk Insurance: A Game-Changer for Crypto Security! The Central Bank of the UAE just approved a first-of-its-kind custodial risk insurance for digital assets! This bold move now allows Web3 custodians, exchanges, and asset managers to protect themselves and their customers from asset loss due to hacks, internal fraud, or even damage to physical storage media. Peace of mind in the digital age? Sign us up! Hong Kong’s OneDegree and Dubai Insurance have partnered to roll out this critical product under the name OneInfinity. Approved by the CBUAE, it's designed to ensure crypto businesses meet regulatory demands for consumer protection—a necessity that could reshape the entire digital landscape in the UAE. Why is this huge? Think of it as Web3's version of traditional banking deposit protection schemes—giving you confidence that your assets are secure, no matter what. The insurance isn’t just about securing digital assets. It’s about building trust in the future of finance! Whether you're an exchange, asset manager, or simply holding crypto, this coverage is a major leap forward in reducing risks. With regulators now requiring custodial risk insurance worldwide, the UAE stands as a pioneer, setting the stage for secure digital finance. As more crypto firms become licensed in the region, the demand for this insurance will explode, fortifying the entire ecosystem. Crypto’s future is now safer than ever. Follow @Professor Mende - Bonuz Ecosystem Founder for more! #CryptoInsurance #writetoearn #DigitalAssets #Web3 #CustodialRisk $BTC
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Who will be in Singapore for Token2049 and the other extraordinary side events? I will be around meeting Web3 Enthusiasts, Partners, and existing Investors. Also some new Investors because Bonuz is now ready to launch. I will be presenting the Wallet of the Future to everyone. It's so easy and user-friendly. Social Login. AA. No Gas fees for Bonuz use cases. Rewards and Vouchers.... so much excitement in this app. #token2049 #ton #bonuz #bonuzmarket #singapore $BTC
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Why is BITCOIN DOWN today? Taylor Swift & Harris vs. Trump Crypto markets saw a notable pullback today following a shift in U.S. presidential election odds. Democratic candidate Kamala Harris gained ground against her crypto-supporting rival Donald Trump after a fiery debate, with betting odds favoring Harris rising to 56% from 53%. Taylor Swift threw further weight behind Harris with her Instagram endorsement, influencing her 280 million followers and potentially swaying younger voters. This led to crypto stocks tumbling, including crypto miners Riot Platforms, Marathon Digital, and Hut 8, which fell between 3.6% and 5.3%. Bitcoin and Ether didn’t fare much better, with Bitcoin down 2% and Ether falling 2.6% post-debate. This reaction contrasts with Trump’s earlier stance of urging voters to "never sell your Bitcoin", positioning himself as a pro-crypto candidate promising regulatory support. He even hinted at the U.S. government holding Bitcoin as a store of value if elected. Meanwhile, Harris has yet to clarify her position on crypto regulations, leading to a more uncertain outlook for Bitcoin and the broader crypto market. Analysts, such as Valentin Fournier from BRN, noted that although crypto wasn’t addressed directly in the debate, the shifting sentiment now favors Harris, dimming hopes of a pro-Bitcoin administration. As crypto remains a volatile sector, corporate giants like Elon Musk and Wall Street institutions have helped bring it into the mainstream. Still, concerns over regulatory scrutiny from agencies like the SEC loom large, particularly given the sector’s risk-heavy reputation. As election season intensifies, expect further market fluctuations. With crypto favorites like MicroStrategy and Coinbase sliding 5.4% and 3.6%, uncertainty over the industry’s regulatory future could keep pressure on these stocks until November’s final showdown. Stay updated with @Professor Mende - Bonuz Ecosystem Founder ! #USNonFarmPayrollReport #USDataImpact #NFPWatch #CryptoForEveryone #CryptoMarketNews $BTC
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