Bottom-to-the-bot trader received $16 million in Bitcoin thi | Laraxen on Binance Square

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Bottom-to-the-bot trader received $16 million in Bitcoin this morning
While Bitcoin, which fell hard at the beginning of July, was moving up again in recent days, a whale that was very successful in buying and selling from the bottom and selling from the bottom, bought $16 million in Bitcoin this morning.
 #Bitcoin  $BTC 

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The date of the China Standing Committee meeting that the world is waiting for has been announced The parliamentary meeting, where the financial markets are eagerly awaited and important decisions can be made about China's monetary expansion policies, will be held between 4-8 November. Investors were especially curious about how the possible monetary expansion period, the details of which have not been disclosed recently, will occur. The meeting where the Standing Committee, which is affiliated with the National People's Congress in China, is expected to make decisions on monetary enlargement policies, will be held on November 4-8. The coincidence of this meeting with the US elections on November 5 and the Fed interest rate decision on November 7 does not escape the eyes. Therefore, it is obvious that the first week of November will create financially volatile times... At the committee meeting held in October last year, it was decided to increase China's financial debt deficit from 3% to 3.8%. Therefore, this meeting is of great importance in terms of the decision of the parliament to reorganize the debt deficit or the national budget. As it is known, China plans to make various regulations in this sense and to support the poor construction sector, especially since it has not reached its growth figures for 2024 so far. The details given in the press conferences held by both the central bank and the finance minister in the past weeks did not convince the world financial markets. However, in this meeting, much more effective and clear decisions are expected to be made. The first statements about the financial support package in China were made in September, and then there were serious increases in Chinese stocks. Chinese media stated that the state plans to support both households and the construction sector by issuing long-term bonds. The financial stimulus package is expected to reach up to $850 billion over the next 3 years.

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The trader who followed the Binance announcements earned 140 thousand dollars in 20 minutes A trader who followed Binance's cryptocurrency listings made a purchase with today's MOODENG announcement and made a serious profit within 20 minutes. The same person earned 17 thousand dollars over GOAT yesterday. It is a fact that the cryptocurrencies listed by the Binance exchange have sharp increases, and those who closely follow this field know... Here is a trader who follows Binance's new listings, earned 140 thousand dollars in a short time over the MOODENG meme coin, which is listed in continuous futures contracts today. He pocketed his profit in 20 minutes According to the information given by Lookonchain, as soon as Binance made the statement, this person spent 1300 SOL and bought 2.7 million MOODENG. The trader, who sold within 20 minutes with the rise, sold these tokens for 2109 SOLs and pocketed 809 SOLs (about 140 thousand dollars). The same person applied the same tactic for another meme coin GOAT yesterday. Trader also earned 99 SOL (about 17 thousand dollars) over this meme token. This year, DeFi, DePin, GameFi and the meme coins that overtake many areas became the cryptocurrencies that showed the most increase with their artificial intelligence tokens. Especially Solana-based tokens continue to attract crazy attention since the beginning of the year.

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After the SEC, Ripple also objected: "There is no problem with our record" In the case between the SEC and Ripple, which started in December 2020, the war of the parties was moved to the court of appeal this time. After the SEC, Ripple also appealed to some decisions in the court process last night. Ripple legal advisor said, "Our record is already good. The process will not be as long as before," he said. Ripple Labs, the company behind XRP, officially launched its appeal in the appeal process in its lawsuit with the US Securities and Exchange Commission (SEC) and submitted the petition known as Form C to the court. In Form C, which is provided to summarize the reasons for the objections submitted to the court of appeal, Ripple requires the court to reconsider the way the law is applied when making decisions on certain issues. One of these issues was the way Ripple applied XRP transfers to the standard, also known as the "Howey test". As it will be remembered, the court considered Ripple's XRP sales to institutional companies as securities sales. Secondary stock market sales to small investors were not included in this category. Ripple also demanded a re-evaluation of what key elements are required for a transaction to be classified as an investment contract and the scope of the SEC's injunction against Ripple. The company behind the XRP requested information from the court about whether the matter of fair notification was also taken into consideration due to the SEC's "inconsistent actions".

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