Remarkable Cryptocurrency Statement from Donald Trump
Donald Trump Believes CBDCs Will Not Be Welcomed in the USAFormer US President Donald Trump has announced his candidacy in the 2024 presidential elections. In a speech he gave as part of his election campaign, Trump talked about Central Bank Digital Currencies (CBDCs). Trump said CBDCs would not be welcome in the United States and posed a threat to freedom. Trump stated that he would stop CBDC studies if he became the President of the USA. Trump's criticisms of CBDCs draw attention as other presidential candidates in the USA also expressed similar views. Florida Governor Ron DeSantis and U.S. Representative Robert F. Kennedy Jr. has also opposed CBDCs. Countries around the world have accelerated their CBDC efforts. Countries such as Russia, Brazil, Switzerland and the European Central Bank (ECB) are working to develop CBDCs. However, it seems that public support for CBDCs is not at the same level everywhere. According to a public opinion poll conducted in Canada, a majority of Canadians are against CBDCs. What are CBDCs? CBDCs are a currency issued by central banks and stored digitally. CBDCs are not designed to replace traditional cash. However, it can also be used as an alternative to cash. CBDCs are thought to have some advantages over traditional cash. For example, CBDCs may be safer and more efficient. Additionally, CBDCs could provide greater control and transparency for central banks. However, there are also some concerns regarding CBDCs. For example, CBDCs are thought to threaten financial privacy and lead to centralization. What Will Be the Future of CBDCs?Although CBDCs are still in their infancy, they are expected to become widespread in the near future. However, the future of CBDCs will depend on public support and governments' stance on this issue.
Despite the approval of spot Bitcoin ETFs on January 10, Bitcoin (BTC) prices continue to decline. YouTube analyst Crypto Banter says BTC technical charts indicate an impending decline in the market.According to Crypto Banter, there should be more money flowing into BTC than flowing out. While there was a net inflow of $1.2 billion last week, there was also an outflow of $579 million from Grayscale, the world's largest BTC owner.
Will XRP Reach Target in 2024? Price Predictions from Analysts
Cryptocurrency analyst Dark Defender announced his XRP price prediction for 2024. Defender predicts that XRP could rise to $22.50 in the next 10 months. Defender's prediction is based on the fact that XRP has been in an uptrend for the last six months. The analyst says that XRP can reach the $ 22.50 level if this trend continues. Another factor that supports Defender's prediction is the outcome of the case between the US Securities and Exchange Commission (SEC) and Ripple Labs. The final hearing in the case will be held on April 23, 2024. If Ripple wins the case, the XRP price is expected to rise significantly. As you may remember, Ripple won 3 critical victories in its legal fight against the SEC in 2023. For this reason, Ripple Labs has the upper hand in the case. Judge Analisa Torres, who presided over the case in July 2023, ruled that Ripple's XRP sales in secondary markets were not an investment contract offer. Following this development, there was a significant increase in the price of XRP. Author, investment expert and speaker Linda P. Jones believes that various developments, including Ripple's possible public offering, cryptocurrency regulations and the upcoming block reward halving, are developments that could trigger an increase in the price of XRP. Factors That Could Make XRP Rise It is seen as an optimistic forecast. However, there are some factors that support the analyst's prediction. If these factors occur, it is possible for the XRP price to reach the level of $ 22.50.#ripple #xrp #kripto #kriptopara
Delist Announcement from Binance: These 4 Trading Pairs Are Being Removed
Binance will delist 4 trading pairs including DEXE/ETH and POLS/BTC on January 19. SummaryBinance will delist DEXE/ETH, DAR/BNB, ID/BNB and POLS/BTC trading pairs on January 19. The delist of these trading pairs The reason for the delisting is shown to be weak liquidity and transaction volume. The prices of DEXE, POLS, DAR and ID experienced a small decline after the delist news. DetailsLeading cryptocurrency exchange Binance, on January 19, DEXE / ETH, DAR / BNB, ID / It announced that it would delist BNB and POLS/BTC trading pairs. Binance cited weak liquidity and transaction volume as the reason for the delisting process. The stock exchange stated that it takes these factors into consideration in periodic reviews and delists trading pairs that do not meet these criteria. The prices of DEXE, POLS, DAR and ID experienced a small decline after the delist news. However, this decline may also be related to the market correction that occurred after the US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs. Binance continues its delisting operations this year. On January 4, the exchange added privacy-focused cryptocurrencies Monero (XMR), Zcash (ZEC) and 8 other cryptocurrencies to its watch list. Projects added to the watchlist may be delisted from the Binance exchange if they do not meet the required criteria. Binance also recently delisted 9 trading pairs, including LTC/UAH, FLOKI/TUSD, COTI/BNB, COS/BNB, MULTI/BTC .Finally, Binance listed SOL/USDC, ARB/FDUSD and DOCK/USDT for margin trading last week, and SOL/USDC, ARB/FDUSD and OP/FDUSD for isolated margin trading.#Binance #binancedelist #delist
Ethereum is poised for a post-consolidation rise. Closely followed crypto analyst Pentoshi says that Ethereum (ETH) has successfully completed a long consolidation phase and is now on the rise. Pentoshi told his followers on social media platform X that the range in which Ethereum is trading throughout 2023 He stated that it is moving towards the upper level of $ 3,500 range. “ETH has reached the middle range of the new range we are in. Consolidation throughout the year has reached a moderate level. We expect a higher range in the first quarter at the beginning of the second quarter.” At the time of writing, ETH is trading at $ 2,511. Pentoshi states that the $ 2,700 level must be crossed for Ethereum's rise to continue. Solana needs consolidation. Pentoshi is Ethereum's largest It also follows its rival Solana (SOL). The popular analyst says that SOL, which had a dramatic performance in the second half of 2023, needs to consolidate for a while before making new moves. He identifies the $70 level as potential support for Solana. “SOL, consider that this will take time to play out. So far I've been following [the line] in a wavy way. While there may be support just below where it bounces, consider that there must be at least a 30-day consolidation somewhere. Even if we don't see that $70 area.”SOL is trading at $95.49 at the time of this writing.ETFs a positive development for BitcoinPentoshi says the recent approval of spot BTC exchange-traded funds (ETFs) is a big win for crypto markets .“The first day volume record has already been broken in the BTC ETF. What does this mean?So what does this mean for other digital currencies?I'll give a few tips:Others are next for the ETFThis is a great advertisement for the space. As a result, a lot of new eyes and participants will come. You are not bullish enough in the long run.”Bitcoin is trading at $42,625 at the time of this writing.#BitcoinETFs #bitcoin #btc #ethereum #eth
Analysts and experts predict that the Cardano (ADA) price will experience a significant rise in 2024. These predictions include predictions that ADA will rise to $1 or even higher, with the impact of the upcoming block reward halving in Bitcoin (BTC).Cardano's Performance in the Last Quarter of 2023Cardano (ADA) performed quite well in the last quarter of 2023. ADA, which started at $0.20 in November, managed to rise to $0.30 in December. This performance encouraged analysts and experts to make even more optimistic predictions for 2024.
Solana (SOL) Price May Reach These Levels in 2024!
Solana (SOL) became one of the best-performing cryptocurrencies, gaining over 1,000% in value in 2023. So, can it maintain this performance in 2024?What Do Analysts and Experts Say?Leading analysts and experts predict that the upward trend in Solana will continue. Popular cryptocurrency analyst Ali Martinez predicts that Solana could rise to $163 if it makes a strong close at $110.
Storms Will Break in Bitcoin: 2024 Prediction from Scaramucci
Anthony Scaramucci, founder and CEO of SkyBridge Capital, predicted that Bitcoin (BTC) will reach an all-time high in 2024 following the approval of spot Bitcoin ETFs. In an interview with CNBC, Scaramucci said that the SEC is looking for retail investors to buy Bitcoin. He predicted that BTC would reach an all-time high by January 2025, as he approved access to . Approval of Spot Bitcoin ETFsThe SEC approved 11 spot Bitcoin ETFs on January 10, 2024. These ETFs were listed on US exchanges such as Nasdaq, New York Stock Exchange (NYSE), and Chicago Board Options Exchange (CBOE) on January 11. The SEC's approval of spot Bitcoin ETFs has increased the demand for Bitcoin and the adoption of cryptocurrencies. is expected to increase.Scaramucci's PredictionsScaramucci stated that the SEC's approval of spot Bitcoin ETFs is a turning point for Bitcoin and that this development is "a really big breakthrough for Bitcoin as a digital asset." Scaramucci said the following on the subject “I believe this approval is a more significant story than expected for the cryptocurrency market in general. I believe that Bitcoin (BTC) will probably see its all-time high before the end of the year and exceed this level in 2025.” Price Performance of BTCBitcoin (BTC) set its all-time high at $ 69,000 in November 2021. However, as a result of the collapses and macroeconomic developments in the cryptocurrency market in 2022, there was a significant decrease in its price. In 2023, Bitcoin (BTC) gained 150% in value and remained 30% behind its level in November 2021. Scaramucci's InvestmentsScaramucci said that the company of 2022 He stated that it was very brutal for SkyBridge, but they reversed this with the gradual investments they made in BTC, Ether (ETH) and Solana (SOL) by 2023.Scaramucci strangely expressed his support for Bitcoin after the SEC allowed investors to add BTC to their brokerage accounts. Will Invest in Spot Bitcoin ETFsCNBC reporter also asked Anthony Scaramucci if he would invest in spot Bitcoin ETFs. Scaramucci responded positively to this question and stated that he was one of the enthusiastic buyers.#BitcoinETFs #bitcoin #btc
Bitcoin is the world's largest cryptocurrency and has become an important investment tool in recent years. However, investing in Bitcoin may present some challenges for traditional investors. For example, to buy Bitcoin directly, it is necessary to register on cryptocurrency exchanges and create a wallet. These transactions can be complex and risky.Bitcoin ETFs offer an easier and more accessible way to invest in Bitcoin for traditional investors. ETF is the abbreviation of the words "Exchange Traded Fund" and is known as "Exchange Traded Fund" in Turkish. ETFs are mutual funds that invest in assets such as stocks, bonds or commodities.