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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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We need to remember this! Always! STAY SAFU!

We need to remember this! Always!

STAY SAFU!

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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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🚀🔮 ANALYSTS PREDICT 1$ MILLION BITCOIN PRICE BY 2033 🔮🚀 Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We believe bitcoin is in a new bull cycle,” they said. 📈 Bullish Bitcoin Price Prediction: Bernstein analysts Gautam Chhugani and Mahika Sapra shared their bitcoin price prediction on Friday while initiating coverage of the bitcoin-focused software intelligence firm Microstrategy (Nasdaq: MSTR). They believe BTC could reach $1 million by 2033 and forecast a cycle high of $200,000 by 2025, up from their previous estimate of $150,000. Revised Forecasts: 2025: $200,000 (previously $150,000) 2029: $500,000 2033: $1 million 🔍 Key Factors Driving the Prediction: The analysts largely attribute their bullish price forecast to the strong demand from spot bitcoin exchange-traded funds (ETFs). Spot Bitcoin ETFs: Impact: US-regulated ETFs are seen as a watershed moment for crypto, bringing in structural demand from traditional pools of capital. Projections: By 2025, bitcoin ETFs are estimated to hold about 7% of the BTC in circulation, increasing to 15% by 2033. ⚒ The Bitcoin Halving Effect: The Bernstein analysts explained that the Bitcoin halving creates a unique scenario where the natural sell-pressure from bitcoin miners is reduced by half, or even more as they hold onto more bitcoin in anticipation of higher prices. Simultaneously, new catalysts for bitcoin demand emerge, leading to exponential price increases. 🌟 New Bull Cycle: Reduced Miner Sell-Pressure: Miners hold onto more BTC in anticipation of price increases, reducing sell-pressure. Emerging Demand Catalysts: New factors driving bitcoin demand appear, leading to significant price growth. Analysts' View: "We believe bitcoin is in a new bull cycle." #bitcoin #btc #bitcoinpricealert #BinanceTournament $BTC $ETH $PEPE
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📊56% OF FORTUNE 500 FIRMS PURSUE CRYPTO AND BLOCKCHAIN📊 Wow! A recent Coinbase report highlights a significant surge in cryptocurrency and blockchain initiatives among Fortune 100 companies, showing a 39% year-over-year increase in Q1 2024. Additionally, 56% of Fortune 500 companies are actively working on onchain projects. 📈 FORTUNE 500 FIRMS’ GROWING INTEREST IN CRYPTO: In its latest “State of the Crypto” report, titled “The Fortune 500 Moving Onchain,” published on June 12, Coinbase detailed key findings from research conducted by The Block: INCREASE IN INITIATIVES: The number of cryptocurrency, blockchain, or web3 initiatives announced by Fortune 100 companies has surged by 39% year-over-year, reaching a record high in Q1 2024. WIDESPREAD ADOPTION: 56% of Fortune 500 companies are now working on onchain projects, including payment applications. 🔍 HIGHLIGHTS FROM THE REPORT: SEC APPROVALS: Significant recent events include the U.S. Securities and Exchange Commission (SEC)’s approval of spot bitcoin exchange-traded funds (ETFs) and pending approval for spot Ethereum ETFs. TOKENIZED U.S. TREASURY PRODUCTS: High interest rates have driven demand for safe, high-yielding T-bills #onchain , increasing the value of tokenized U.S. Treasury products by over 1,000% since early 2023, reaching $1.29 billion. STABLECOIN INITIATIVES: Companies like Coinbase, Paypal, and Stripe are spearheading various stablecoin projects. 👥 TALENT AND REGULATORY CONCERNS: Coinbase emphasizes the importance of retaining crypto talent in the U.S.: DECLINING DEVELOPER SHARE: The U.S. has seen a 14-point drop in its share of crypto developers over the past five years, with only 26% of crypto developers currently U.S.-based. TALENT SCARCITY: Among Fortune 500 executives, the availability of trusted talent is now a major concern, surpassing regulatory worries. What do you think? It's safe to say that the future of crypto is secured! Stay updated with @Professor Mende - Founder of BONUZ Project - in Dubai UAE & follow for more updates! #memecoins #blockchain #crypto $BTC  $ETH  $SOL
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🌍💱 BREAKING: SAUDI ARABIA ENDS 80-YEAR PETRODOLLAR DEAL WITH U.S.🌍 📢 In Short: - Saudi Arabia ends 80-year petrodollar deal with the US - Deal allowed Saudi oil sales in US dollars only - Saudi can now use other currencies like RMB, Euros, etc 💡 Saudi Arabia has decided not to renew its 80-year petrodollar deal with the United States, which expired on Sunday, June 9, according to media reports. This historic agreement, initially signed on June 8, 1974, played a crucial role in establishing US global economic dominance. 🔍 Background: The original deal set up joint commissions for economic cooperation and addressed Saudi Arabia's military needs. American officials hoped it would incentivize Saudi Arabia to increase oil production and strengthen economic ties with Arab countries. 🔄 Shift in Policy: By choosing not to extend this contract, Saudi Arabia is now free to sell oil and other goods using various currencies such as the Chinese RMB, Euros, Yen, and Yuan, instead of only US dollars. There is also speculation about the potential use of digital currencies like Bitcoin for transactions. 🌐 Broader Implications: This decision signifies a significant departure from the petrodollar system, which was established in 1972 when the US decoupled its currency from gold. 🔗 Project mBridge: Saudi Arabia has also joined Project #mBridge , a collaborative initiative exploring a digital currency platform shared among central banks and commercial banks. This project aims to facilitate instant cross-border payments and foreign-exchange transactions using distributed ledger technology. 💭 Conclusion: Saudi Arabia’s decision to end the petrodollar agreement marks the beginning of a significant shift in global economic dynamics. This move could reshape the landscape of global economic influence. 👇 What are your thoughts on Saudi Arabia ditching the Dollar? How awesome would it be if Saudi would accept #bitcoin ? Your, @Professor Mende - Founder of BONUZ Project - in Dubai UAE #SaudiArabia #Petrodollar #usdollar $ETH $SOL
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🚨💸 $630Million OUTLFLOW: OKX LOSING TO 💎BINANCE & 💎GATE.IO 💸🚨 On June 11, OKX, one of the largest cryptocurrency exchanges, experienced an outflow of $2.4 million within 24 hours amidst rumors of security issues. 🔍 What’s Going on With OKX? On June 9, OKX suffered a significant security breach that allowed attackers to create new API keys for unauthorized withdrawals. This incident has heightened concerns about the platform’s security measures. 📉 Recent Outflows: 24 Hours: $2.4 million Past 7 Days: $630 million Past Month: $355.96 million This data indicates a substantial withdrawal of digital assets from OKX, reflecting a decline in user trust and a possible shift of investors to other platforms. 📊 Comparative Performance: According to DefiLlama, other exchanges like Binance and Gate.io are outperforming OKX: Binance: 7 Days: $11.36 billion inflow 1 Month: $407.57 million inflow Gate.io: 7 Days: $50.83 million inflow 1 Month: $68.87 million inflow 🔐 Key Shortcomings in Security System: The outflows from OKX are primarily due to serious security flaws, including vulnerabilities in their SMS notification system. Hackers exploited this to create new API keys, bypassing Google Authenticator Verification, leading to significant thefts. 🚨 Impact: Two OKX account holders were affected, neither of whom had activated Google Authenticator. OKX is investigating the breach and ensuring victims receive immediate issue resolution. The exchange advises all users to enable two-factor authentication (2FA) and stay vigilant. Amazing news for Binance users as this situation strengthens Binance's position as the leading cryptocurrency exchange! Stay updated with @Professor Mende - Founder of BONUZ Project - in Dubai UAE #okx #Gateio #binance #risk #safu $BNB $BTC $ETH
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⛔⛔ STOP LOSING MONEY BY UNDERSTANDING MARKET CYCLES ⛔⛔ Financial markets, like natural phenomena, move in predictable cycles. These cycles often trap retail traders, much like how games lure players in with the promise of small wins just to claim larger losses. The example of BTC in 2017: Bitcoin’s price skyrocketed from around $1K in January to nearly $2K in December. However, by early 2018, Bitcoin’s price dropped to around $3K by December 2018. Many investors faced big losses. 4 of Market Cycles & Common Mistakes: Accumulation: This phase follows a significant market decline. Prices are low, and investors are pessimistic. Example: After Bitcoin’s 2013 crash from $1K to below $200, the accumulation phase saw cautious buying by those who believed in its long-term potential. Common Mistakes: During this phase, many investors are too fearful to buy. Uptrend: Characteristics: The market begins to recover. Example: Throughout 2017, Bitcoin’s price steadily climbed & media coverage fueled investor confidence. Common Mistakes: As prices rise, many investors jump in late, buy at higher prices & increase their risk of losses. Distribution: Characteristics: The market reaches new highs. Example: In late 2017, Bitcoin’s price surged towards $20K, driven by extreme optimism. Common Mistakes: During this phase, investors often buy at the peak of the market, driven by overconfidence. Decline: Characteristics: The market begins to fall from its peak. Example: By early 2018, Bitcoin’s price began to fall sharply, leading to panic selling and significant losses for late investors. Common Mistakes: Investors often hold on to their investments too long. As prices continue to fall, fear sets in, leading to panic selling. The Cycle Repeats These phases repeat over time, and understanding them can help you become a more consistent and successful trader. Like, share & follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE l for more! #bitcoin #memecoins #markettrends $BTC $ETH $SOL
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