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just hit $70000 This is amazing thing do you hear the bull’s footsteps ??
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New statement from Trump's sons: We will rock the crypto world While Donald Trump's support for the crypto world continues at full speed, the sons of the US presidential candidate also got the ball. Eric Trump and Donald Trump Jr. announced that they will soon announce a big “thing” about the crypto space. Donald Trump, one of the US presidential candidates, started to warm up to the crypto world quickly. After many of Trump's commitments to the crypto space, the final step came from his two sons. Eric Trump announced yesterday, and Donald Trump Jr. announced today that they will soon announce a new and major crypto project. Eric Trump, “I almost fell in love with crypto. Decentralized finance... Get ready for the recent big statement,” he said. Donald Trump Jr. said, "We will shake the crypto world with a big 'thing'. Decentralized finance will come. Don't be left behind," he said. Behind the crypto world... Trump, who was anti-crypto in the past, took a completely different attitude in election work and gave full support to crypto. Trump, who organized meetings with many important people, from the managers of large Bitcoin miner companies to other companies operating in the crypto field, and hosted these people at home, finally attended the Bitcoin Conference in Nashville. Trump also claimed that the US would rain superpowers in Bitcoin mining. $BTC #DonaldJTrump
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Kamala Harris, who elected vice president, also took the manager working at Binance to his team. Kamala Harris, one of the U.S. presidential candidates whose stance on cryptocurrencies is still unclear, has also started to form the team gradually. Harris, who elected Tim Walz as vice president yesterday, has now taken David Plouffe, who has also worked for crypto companies such as Binance and Alchemy Pay. While Donald Trump supports cryptocurrencies at full speed, Kamala Harris' surprising silence on this issue continues. Harris, who elected Tim Walz, the governor of Minnesota, as vice president yesterday, also began forming his team. Is it for crypto? Harris recruited David Plouffe, who previously served on the Global Advisory Board on Binance and was also one of Obama's assistants for a time, as one of the strategy consultants. Plouffe was recently working as a global strategic advisor to Alchemy Pay. It was stated that Harris took Plouffe to his team last week and the experienced consultant left Alchemy Pay. Last month, Kamala Harris recruited Brian Nelson, who was the deputy minister of financial intelligence and terrorism at the U.S. Treasury Department. Nelson was also one of the people who was also involved in the Treasury Department's case for a violation of money laundering and sanctions against Binance. It didn't go Trump's way Harris has remained in strict silence about cryptocurrencies so far. Harris, who did not make a positive or negative comment on this area, did not attend the Bitcoin Conference in Nashville and attracted the reaction of the crypto world. Some experts, on the other hand, stated that it was almost impossible for Harris to attend the event in just 3 days (after Biden's withdrawal) due to security concerns. #kamalaHarris #binance
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Are big companies buying from the bottom: $95 million moved to 4 exchanges While the crisis in the world markets on Monday seems to have stopped for now, the crypto trading company Cumberland transferred the $95 million USDT, which it drew from the Tether Treasury, to 4 platforms. While economists and analysts discuss whether the crisis in the world markets is over, some institutions see current prices as an opportunity to buy from a bottom. Cumberland, a crypto company serving individual and institutional investors worldwide, recently withdrew $95 million in USDT from Tether Treasury and moved those funds to 4 platforms. Cumberland has moved this $95 million fund to Coinbase, OKX, Kraken and Forwarder, according to on-chain tracking platform Lookonchain. As it is known, individuals and companies in general use them to buy if they carry cash-weighted funds to exchanges in such times. Therefore, Cumberland may have wanted to buy at a low level in this period when cryptocurrency prices are seriously melting. They carried $6.2 billion Cumberland has moved a significant amount of USDT to exchanges since the period before prices began to rise in cryptocurrencies. According to on-chain data, the company has made a total of $6.2 billion USDT transfers to exchanges since October 20 (2023). In the table below, it is also seen in which periods and how much the company transfers with the level of the price of Bitcoin. $BTC #BitcoinWhales #RoninBridgeAlert
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Japan's statement that relieves the markets: We will not increase interest rates Shinichi Uchida, vice president of the Bank of Japan, said they would not go to further interest rate hikes at a time when the markets were not stable. Speaking at a conference for business people, Uchida said, “There is sharp volatility in domestic and foreign markets. In such a period, it would be better to maintain the current level of monetary expansion," he said. After the announcements, while Bitcoin rose above 57 thousand dollars. The global crisis, which was triggered by Japan on Monday, caused sharp declines in many investment vehicles,including cryptocurrencies. When the Bank of Japan's unexpected interest rate hike, combined with fears of recession in the USA, the markets turned red. Shinichi Uchida, one of the influential and worldwide-known names of the Bank of Japan, made statements that eliminated the possibility of a short-term rate hike: Intense market volatility, of course, changes the Bank of Japan's interest rate hike policy. We cannot raise interest rates in a period when the markets are so unstable. We have to maintain the current level of monetary expansion. We are monitoring the effects of volatility in the markets. I think the reaction of the markets to a single US data is too much After Uchida's announcements, the Nikkei index rose 3%. After the statement at night, Bitcoin also rose to over 57 thousand dollars. What happened? As it will be remembered, the Bank of Japan (BoJ) announced a system last week in which it announced that it would reduce its huge bond purchases and unexpectedly increased interest rates. Interest rates had reached an unprecedented level in the last 15 years. Even though interest rates were increased from 0.01% to as low as 0.25%, the impact on the financial markets was huge. When these "hawk" statements from Japan were combined with the negative data from the USA, there was a panic of "Is a recession coming in the USA" in the financial markets and the investment assets were seriously sold. $BTC #Japan
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