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📢  PARTNERSHIP ANNOUNCEMENT: MAR3 AI x REI Network
🔸️ We're thrilled to announce a powerful partnership between Mar3 AI & REI Network!
#Mar3 #CryptoDeNostradame

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Bitcoin Price Prediction: Potential to Surpass $100,000 in Early 2025, Analyst Predicts Renowned Bitcoin analyst Sminston With has shared his views on the peaks of previous Bitcoin bull cycles in 2011, 2013, and 2017. With’s detailed analysis examines the highs of each cycle and the subsequent lows, providing critical insights into Bitcoin’s future price movements. This historical review provides a solid foundation for predicting future price movements. In a recent discussion, With presented some interesting findings on Bitcoin’s potential price for the 2024/2025 cycle. While his quarterly targets predict significant price swings, he advised investors to be cautious with these predictions due to the nature of the crypto market. While his predictions are optimistic, he does take into account the unpredictable nature of cryptocurrency values. Here are a few key points that stand out from the analysis: Historical trends in Bitcoin’s highs can serve as predictive indicators for future price action. Current price behavior is consistent with other established mathematical models and the principle of exponential decay. The regression line for Bitcoin’s value is around $88,000, projecting it to surpass $100,000 in early 2025. If historical trends are any guide, Bitcoin breaking the $100,000 level in the next bull cycle could be a significant turning point. These findings are consistent with various mathematical models that show positive price trends in the coming months. The Bitcoin power law, which also follows the principle of exponential decay, suggests that Bitcoin has yet to reach a new high. The current regression line projects values around $88,000, projecting it to reach $100,000 in early 2025. If past trends are repeated, this could indicate an optimistic outlook and Bitcoin is likely to break the $100,000 threshold in the next bull cycle.

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Wisconsin Investment Board Increases Holdings in BlackRock Bitcoin ETF, Exits Grayscale Bitcoin Trust A new SEC filing reveals that the Wisconsin State Investment Board (SWIB) has increased its holdings in the BlackRock Bitcoin ETF (IBIT). As of June 30, SWIB held 2,898,051 shares, up from 2,450,400 shares the previous month. This represents a $99 million investment in the BlackRock iShares Bitcoin Trust and represents a significant increase in its investment portfolio. Notably, SWIB completely divested its Grayscale Bitcoin Trust (GBTC) holdings, which it held over 1 million shares in May. The exit suggests that SWIB is prioritizing direct exposure to Bitcoin and moving into Spot BTC ETFs. This trend suggests that institutional investors are increasingly viewing Bitcoin as a critical component of their diverse investment portfolios. The moves by the Wisconsin Board of Investments are part of a broader trend toward Bitcoin ETFs among institutional investors. Recently, U.S. Spot Bitcoin ETFs saw an inflow of nearly $60 million in just two days, with BlackRock Bitcoin ETF leading the way with an inflow of $34.6 million. In contrast, Grayscale’s GBTC saw an outflow of $28.6 million, further clarifying the investor’s changing direction. BlackRock’s IBIT currently ranks as the third-largest BTC holder globally, behind Binance and Bitcoin’s mysterious creator Satoshi Nakamoto. Bloomberg ETF strategist Eric Balchunas predicts that IBIT could surpass Nakamoto’s 1.1 million BTC holdings as the largest Bitcoin fund next year. These trends highlight a strong institutional appetite for safe and regulated Bitcoin investment vehicles. In addition to the growing institutional interest in Bitcoin ETFs, Goldman Sachs announced significant crypto investments in its Q2 portfolio. The banking giant holds 7 million shares of IBIT and 1.5 million shares of Fidelity’s FBTC, reflecting significant institutional participation.

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Bitcoin Exchange Binance Will Delisting These Altcoin Trading Pairs at Margin! Binance, the world's largest cryptocurrency exchange, announced today that it has made decisions to delete some altcoin trading pairs. Binance, which has decided to remove low-volume altcoin pairs from its platform, is also delisting some trading pairs in the margin market. Binance, which has delisted a total of 4 altcoin pairs from cross and isolated margin, included the following words in the announcement text it shared on the subject: “Binance Margin will delist the following margin trading pairs as of 2024-08-22 09:00 (UTC): Cross Margin Pairs: BICO/BTC, DAR/BTC Isolated Margin Pairs: BICO/BTC, BNT/BTC, DAR/BTC, UTK/BTC Binance Margin will suspend isolated margin borrowing for the above-mentioned isolated margin pairs. At 2024-08-22 06:00 (UTC), Binance Margin will close users’ positions, perform an automatic payment, and cancel all pending orders in the above-mentioned cross and isolated margin pairs. These pairs will then be removed from Margin. Users are strongly advised that they will not be able to update their positions during the delisting process and are strongly advised to close their positions and/or transfer assets from their Margin Wallets to their Spot Wallets prior to the margin trading suspension. Users can continue to trade the above assets on other trading pairs available on Binance Margin.”

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💫 SNX is preparing to launch its new chain "Snaxchain" on September 15th. 💫The American Government moved 10,000 BTC (600 million dollars) seized from Silkroad.

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KIP X Spaces with Aethir and NodeOps is now live! As a reminder, we'll be running a giveaway during the spaces for the following prizes: 🎁 4 x KIP nodes (1 Node x 4 winners) 🎁 5,000 Node Points (1,000 x 5 winners) Tune in through the link below 👇 https://x.com/i/spaces/1zqKVYZAQAYxB

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Over Half Of Facebook Crypto Ads Found To Be Scams Or Policy Violations, ACCC Reports

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