🔥🔥🔥 2024 HALVING AND BULL RUN PROJECTION

#Binance
Although not exact, it is still possible to reach some rough predictions about the HALVING & BULL RUN relationships.

🔥 48 days after the bull run Halving in 2012;
🔥 259 days after the bull run Halving in 2016;
🔥 In 2020, the bull run started 149 days after Halving.
🔥 Expected date for the possible bull run after the 2024 halving is 3/6 months AFTER HALWING

🔥🔥🔥I THINK YOU SHOULD CONSIDER THESE DEVELOPMENTS IN THE 2024 BULL RUN!!!

- Rates of miners selling inventory
- ETHEREUM ETF approval processes
- 6 months of summer recession
- Middle East war circle
- Central Banks reduce the value of their currencies
- Fed Interest Rate Cut
- November US Presidential elections

🔥🔥🔥 WHAT DO YOU THINK WILL BE EFFECTIVE IN THE 2024 BULL RUN?
👇👇👇
#btc #eth #elg #escoin

GLOBAL DEBT REACHED TRIPLE THE ECONOMY: CRISIS IN CHINA AND THE US IS DEEPENING‼️

#Bitcoin
In the first quarter of 2024, global debts rose to $315 trillion, reaching 333% of GDP, more than three times the global economy. China's debt situation is critical; Shanghai is in profit, while Sichuan is in deficit of -$4100 billion. Two-thirds of the country is struggling to pay its debt, one-third is having trouble paying interest.

High interest rates in the US are exceeding the defense budget for debt interest expenses. Solution: More debt and money printing.
#escoin #elg #Binance #EscoinToken $BTC $ETH

US BITCOIN ETF RECORD INFLOW: INVESTORS ARE FOLLOWING THE NEW TREND‼️

#Bitcoin
While the market is deteriorating and entering a downward trend, according to the latest data, spot Bitcoin ETFs in the US have recorded a total net inflow of over $17 billion since their launch. BlackRock’s IBIT fund accounts for 95% of these inflows with an accumulation of $18.97 billion.

Fidelity’s FBTC also stands out with $9.96 billion. On the other hand, Grayscale GBTC experienced a net outflow of $18.69 billion, indicating that investors are turning to new products.

This reflects the increasing acceptance and integration of Bitcoin in investment portfolios and is considered a promising sign for future trends.
#escoin #Bitcoin #elg #EscoinToken $BTC $ETH

- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes. STAY TUNED. Be sure to do your own research.


References:

• The Block. “Spot Bitcoin ETF Total Net Flow Daily Chart.” (Accessed: September 8, 2024).

• Cointelegraph. “US Bitcoin ETFs see record $17B in net inflows.” (Accessed: September 8, 2024).

ETHEREUM SUPPLY HAS INCREASED SIGNIFICANTLY IN THE LAST SEVEN DAYS‼️

#Bitcoin
In the last seven days, Ethereum's net supply has increased by 15,667.63 ETH. According to Ultrasound.money data, this increase is due to the release of 18,250.21 ETH, while approximately 2,582.58 ETH is being burned to try to balance the supply.

During this process, the supply growth rate was determined as 0.679% annually. The fee burning mechanism, which started with the activation of EIP-1559, continues to destroy more ETH through transaction fees, keeping the network's supply growth in a dynamic balance.
#escoin #Binance #elg #ETH $BTC $ETH

SHANGHAI WANTS TO BECOME A GLOBAL CENTER WITH INNOVATIVE FINANCIAL MECHANISMS‼️

#Binance
Tu Guangshao, President of the Shanghai New Finance Research Institute, emphasized that the investment and credit linkage mechanism should be strengthened to support technological innovation and entrepreneurship. At recent financial forums, Tu emphasized the need for deeper financial reforms and institutional openings to consolidate Shanghai's role as an international financial center. In this context, it is aimed to promote innovative financial instruments, products and services, especially related to Renminbi transactions, and to enhance global competitiveness.

Shanghai aims to create a solid innovation and investment environment in line with global standards by increasing cooperation between local and international financial institutions (Shanghai Daily, 2022; China Daily, 2022).
#escoin #Bitcoin #elg #EscoinToken $BTC $ETH References: • “Financial opening-up seen brightening Shanghai's image,” english.www.gov.cn, 2022. • “Shanghai boosts efforts to become global financial hub,” China Daily, 2022. • “Financial innovation conference held in SW China’s Chengdu,” Xinhua, 2024.

SOLANA NFT SALES EXCEED $5.8 BILLION: MARKET ACTIVITY INCREASES‼️

#Bitcoin
Solana’s NFT marketplace has surpassed $5.8 billion in total sales, reflecting the blockchain’s significant growth in the digital art space. According to CryptoSlam data, there have been approximately 43 million NFT transactions, with 2.2 million buyers and 1.6 million sellers active. The market’s recovery began in November 2023, when monthly sales increased by 192% to $82 million, and continued to rise to $365 million in December.

This increase coincides with the bullish trend of Solana’s cryptocurrency SOL, indicating increasing interest and trust in the platform’s ecosystem (Cointelegraph, CoinMarketCap, Today NFT News).
#Binance #escoin #elg #EscoinToken $SOL $BTC $ETH References: • Cointelegraph, “Solana NFTs Hit $5B in All-Time Sales Volume” (2024).
• CoinMarketCap, “Solana NFTs Cracks $5 Billion in Sales” (2024).
• Today NFT News, “Solana NFT Marketplace Achieves $5 Billion in Total Sales” (2024).

ELON MUSK HITS PRAISE FOR “BLACK MYTH: WUKONG”: A NEW ERA FOR THE CHINESE GAMING INDUSTRY‼️

#Bitcoin
Elon Musk recently praised a new AAA Chinese game called “Black Myth: Wukong,” describing it as “an impressive Chinese 3A production.” Musk shared an image of himself photoshopped into one of the game’s characters on his social media account. The action-adventure game is based on the classic Chinese novel Journey to the West and has been praised for its visual brilliance, intense gameplay, and cultural depth. The game has sold millions of copies since its release, marking a major moment in the Chinese gaming industry’s creative and technical prowess worldwide.

However, the game has faced criticism for its complex map design, technical glitches, and lack of gender representation. Despite all these issues, “Black Myth: Wukong” has shown the potential for Chinese games to make a big impact internationally, and Musk’s support could further boost the game’s global popularity.

#escoin #Binance #elg #EscoinToken $BTC $ETH $DOGE

Sources:

1. ShiftDelete.Net - “Elon Musk’s Black Myth: Wukong review: Masterpiece!”

2. Sixth Tone - “In Black Myth: Wukong, China Sees a Game That Could Change Everything.”
3. AIbase - “Elon Musk Posts AI Image of Wukong, Praises Black Myth: Wukong.”

🔥🔥🔥 HÜKÜMET VERİMLİLİĞİ DEPARTMANI ‼️

#Bitcoin
- We wrote the article yesterday. Today we received personal confirmation.
#Binance #elg #DOGE #escoin $BTC $ETH $DOGE

FEAR IS AT ITS TOP IN CRYPTO MARKETS: IT FALLS TO THE LOWEST LEVEL IN 30 DAYS‼️

#Bitcoin
The “Crypto Fear and Greed Index”, which measures fear and greed in the cryptocurrency market, fell to 23 on September 7, 2024, reaching its lowest level in the last 30 days. This decline was due to fluctuations in the Bitcoin price and negative market news.

In particular, rumors that the Mt. Gox exchange will sell $8.5 billion worth of Bitcoin to its creditors and the large outflow of money from US spot Bitcoin ETFs have shaken investor confidence. The low index indicates that extreme fear prevails in the market and indicates that volatility is increasing.

🔥🔥🔥This means it’s time for investors to be careful‼️
#Binance #elg #ETH #escoin $BTC $ETH

Sources:

• MilkRoad. “Crypto Fear & Greed Index for September 7, 2024”. milkroad.com.

• CryptoSlate. “Crypto fear and greed index plunged to 30 amid market volatility, lowest since January 2023”. cryptoslate.com.

• CoinTelegraph. “Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months”. cointelegraph.com.

DELL’S HUMORIOUS POSTS RE-IGNITE BITCOIN SPECULATIONS‼️

#Bitcoin
Michael Dell has sparked discussion in the crypto community with his humorous posts about Bitcoin (BTC) on social media. Dell commented on the “scarcity” that has increased the value of BTC on Twitter, resharing Michael Saylor’s tweet that the cryptocurrency represents digital scarcity. He also shared a funny Cookie Monster-themed image with his followers.

These moves have led to speculation about whether Dell has made a serious investment in BTC. Dell Technologies accepted BTC payments between 2014 and 2017, but discontinued the service due to low demand. Whether the company will re-enter the crypto space remains a matter of curiosity.

As a result, Dell’s jokes hint that the company may increase its interest in BTC in the future.
#Binance #elg #ETH #escoin $BTC $ETH

References:

• “Dell CEO’s Bitcoin Tweets Spark Crypto Community Speculation,” BeInCrypto, Retrieved September 7, 2024.
• “Bitcoin Community Speculates About Michael Dell Buying Bitcoin,” U.Today, Retrieved September 7, 2024.
• “Michael Dell’s Bullish Bitcoin Stance Renews Interest In King Crypto,” Benzinga, Retrieved September 7, 2024.

TELEGRAM CEO’S ARREST DRAWS REACTION IN FRANCE‼️

#Bitcoin
Telegram CEO Pavel Durov was arrested in France on August 24, 2024, upon landing at Le Bourget Airport, as part of an ongoing investigation on charges including aiding child pornography and drug trafficking. French President Emmanuel Macron stated that the arrest was not a political decision but was made by the judiciary. Durov criticized the arrest as “misguided” and emphasized that complaints should first be directed to his company.

Durov remains in custody; global tech and political figures are expressing support for his release.
#Binance #elg #ETH #escoin $BTC $ETH

BINANCE FOUNDER CZ BANNED FOR LIFE FROM MANAGEMENT‼️

#Binance
Binance founder Changpeng Zhao (CZ) has been banned from running the crypto exchange for life as part of a deal he struck with US authorities. In a November 2023 deal with US authorities, Binance agreed to a $4.3 billion fine and Zhao was found guilty of one count of violating the Bank Secrecy Act. Zhao has resigned as Binance CEO, leaving Richard Teng in his place.

Binance said the ban on CZ from running the exchange, whether current or future, was stated as “regulatory measures” but not a legal requirement. Despite owning 90% of the company’s shares, CZ will not have a direct role in management.

🔥🔥🔥This development indicates that Binance’s scrutiny of its activities in the US market will increase‼️
#Bitcoin #elg #ETH #escoin

Sources:
1. Cointelegraph, “Binance CEO says CZ is banned from managing or operating the exchange”, September 2024.
2. TradingView News, “CZ banned from managing Binance”, September 2024.
3. CryptoNewsZ, “Richard Teng: Ex-CEO CZ Barred From Managing Binance”, September 2024.

FEDERAL RESERVE’S GOOLSBEE ASSESSES ECONOMIC DATA AS US RECESSION FEARS RISE‼️

#Bitcoin
Federal Reserve Bank of Chicago President Austan Goolsbee says recent economic indicators, such as lower-than-expected labor force data, do not currently signal a recession but warrant careful monitoring.

Goolsbee emphasizes that current Fed policies are restrictive, but such policies may not be necessary if the economy is not overheating.

According to Goolsbee, a “soft landing” could still be possible by containing inflation and not causing a recession (Markets Insider, 2024; Morningstar, 2024).
#Binance #escoin #ETH #elg $BTC $ETH References • Markets Insider. (2024). Fed's Goolsbee Says Data Do Not Suggest U.S. Recession Authority. Available: markets.businessinsider.com • Morningstar. (2024). Fed's Goolsbee Says Trend of Economic Data Justifies No Recession Fears Yet. Access: morningstar.com

FED DECISION DISCUSSIONS AFTER US EMPLOYMENT DATA: CRYPTO AND MARKETS ARE ACTIVE‼️

#Bitcoin
Non-farm employment in the US increased by 142 thousand in August, falling below expectations (164 thousand); the unemployment rate fell from 4.3% to 4.2%. The employment data, which fell below expectations, increased expectations in the markets that the Fed will be more aggressive in reducing interest rates. This development, in particular, increased the probability that the Fed will cut interest rates by 50 basis points this month to 55%. On the other hand, the leading cryptocurrency Bitcoin (BTC) fell by 3.51% to $55,068 after the data, but the weakening of the dollar and interest rate cut expectations had a positive effect on the crypto market in the short term.

New York Fed President John Williams stated that inflation pressures have decreased and that they are ready for an interest rate cut. These statements have created more volatility in the markets regarding the Fed's interest rate policy, while the probability of a 25 basis point cut has decreased to 45%. This volatility in the markets creates new risks and opportunities for both traditional financial markets and the crypto world.

🔥🔥🔥 Low employment data and uncertainties regarding the Fed's interest rate policies have increased volatility in global markets, while bringing to the agenda the need to develop new strategies for investors‼️
#Binance #elg #ETH #escoin $BTC $ETH

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

FBI RAID THE HOME OF NEW YORK MAYOR ERIC ADAMS’ CAMPAIGN OFFICER‼️

#Binance
The FBI raided the Brooklyn home of New York Mayor Eric Adams’ campaign fundraiser Brianna Suggs in connection with possible campaign finance irregularities. The investigation reportedly targeted a scheme in which money from Turkish nationals was funneled to Adams’ 2021 campaign through a Brooklyn-based construction company.

No one has been formally charged and there is no evidence that Suggs was involved in any crime. Mayor Adams expressed his confidence in Suggs and said she would continue to be involved in his 2025 re-election campaign.

Adams emphasized that he is committed to remaining transparent in his campaign activities and cooperating with authorities (Coltin, 2023; Anuta & Coltin, 2023).
#Bitcoin #elg #escoin #EscoinToken $BTC $ETH References: • Coltin, J. (2023). Following FBI raid, Adams defends his 'very bright, energetic' fundraiser. POLITICO.
• Anuta, J., & Coltin, J. (2023). FBI searches home of fundraiser to NYC mayor. POLITICO.

HARRIS CAMPAIGN DOUBLES TRUMP: RAISES $300 MILLION IN FUNDING‼️

#Binance
Kamala Harris’ presidential campaign raised more than $300 million in August, more than double her opponent Donald Trump’s $130 million. Harris’ campaign has been fueled by strong grassroots support, especially with Biden’s support, and has passed the $1 billion mark in total.

The vast majority of donations came from small donors across a broad demographic spectrum, including young voters and women, suggesting that the campaign was supported by a diverse coalition (Sacramento Observer, 2024)
#Bitcoin #elg #EscoinToken #escoin $BTC $ETH
Sources:
Sacramento Observer, “Kamala Harris’s Presidential Campaign Surges with Key Endorsements and Record-Breaking Fundraising,” 2024.

TRUMP, MUSK AND THE GOVERNMENT EFFICIENCY COMMISSION: THE JOURNEY TO 2024‼️

Former US President Donald Trump announced that he would establish a “Government Efficiency Commission” led by Elon Musk if he won the 2024 elections. Trump announced this plan in a speech in New York and stated that the commission would provide major savings by conducting a comprehensive financial and performance audit of the federal government. The commission’s aim is to achieve “trillions of dollars in savings” by reducing abuse and improper payments in the government sector. Musk expressed his support for this plan and agreed to “serve if the opportunity arises.” Critics say this move could disrupt the apolitical nature of the government [Washington Examiner, 2024; MarketBeat, 2024].

🔥🔥🔥 Trump’s plan highlights the need for major government reforms and stands out to voters as an ambitious proposal for change‼️
#Bitcoin #elg #Binance #escoin #EscoinToken $BTC $ETH

References:

• Washington Examiner. (2024). “Trump plans government efficiency commission proposed by Elon Musk.” Available at: https://www.washingtonexaminer.com/news/trump-elon-musk-efficiency-commission.

• MarketBeat. (2024). “Trump says he’d create a government efficiency commission led by Elon Musk.” Available at: https://www.marketbeat.com/articles/trump-elon-musk-government-efficiency-commission.

CRYPTOCARD REVOLUTION IN EUROPE FROM MASTERCARD‼️

#Bitcoin
Mastercard has started offering a new debit card service in Europe that is directly connected to crypto wallets. This card, which was launched in collaboration with Mercuryo, allows users to spend cryptocurrencies such as Bitcoin at more than 100 million Mastercard member merchants. The card allows users to spend their crypto assets directly from their own wallets, without being connected to any central platform.

This innovation aims to accelerate the integration of cryptocurrencies into everyday use and bridge the gap between users' digital assets and traditional financial services (Cointelegraph, 2024; BlockNews, 2024).

🔥🔥🔥 Mastercard’s move will increase crypto adoption and reduce barriers between traditional payment methods and digital assets‼️
#Binance #elg #ETH #escoin $BTC $ETH

Sources:
• Mastercard Partners With European Payments Giant Mercuryo, Supporting Non-Custodial Crypto Wallets - The Daily Hodl. (2024).

• Mastercard enables non-custodial crypto spending in new partnership - Cointelegraph. (2024).

• Mastercard Launches Crypto-based Debit Card in Europe for Over 100 Million Merchants - BlockNews. (2024).