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Klaim hadiah 3USDT Anda dengan memindai kode batang atau membuka tautan https://s.binance.com/DoP4s8Ra#BTC  #etf  #XAI  #rewardhub  #Launchpool  

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#MarketSentimentToday Polymarket, a prediction market platform based on the Polygon blockchain, has seen a significant portion of its 2024 trading volume—88%—driven by bets on U.S. election outcomes, according to Dune Analytics. The platform has recorded over $650 million in trading this year, with nearly half of that volume occurring in July as traders placed bets on presidential candidates like Donald Trump and Kamala Harris. Data shows that markets tagged “Presidential Election Winner 2024” and “Democratic Nominee” account for 50% of the platform’s trading volume, highlighting the intense focus on U.S. elections. Prediction: As the election approaches, trading volume on platforms like Polymarket is likely to increase, especially in markets related to key political races. This trend could lead to further growth and visibility for blockchain-based prediction markets. #MarketDownturn #BinanceTurns7 #HamsterKombat #CryptoMarketMoves

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Rumors are circulating that SEC Chairman Gary Gensler might be nominated as Treasury Secretary if Vice President Kamala Harris wins the presidential election in November. Although Gensler hasn't indicated any plans to leave his current role, there is speculation that he could be tapped for the Treasury position, which has significant implications for the crypto community due to Gensler's cautious stance on crypto innovation. The role of Treasury Secretary involves overseeing U.S. economic policy, managing government finances, and regulating financial institutions, including those in the crypto space. If nominated, Gensler would need 51 votes in the Senate for confirmation, which could be difficult if Republicans hold a majority. There are also rumors that Gensler might step down as SEC chairman before the election, potentially allowing President Biden to appoint a successor and maintain a Democratic majority at the SEC if Harris wins. However, strong opposition from Republicans is expected if Gensler is nominated, though he would likely receive broad support from Democrats. Prediction: If Harris wins and nominates Gensler for Treasury Secretary, the confirmation process could be contentious, especially if Republicans control the Senate. The crypto community may face further regulatory challenges under Gensler's leadership, impacting the broader financial landscape. #MarketDownturn #CryptoMarketMoves #BinanceTurns7 #BinanceHODLerBANANA

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The Hash Ribbons indicator, used to identify periods of stress in Bitcoin's mining market, has signaled the end of miner capitulation, according to analysts at CryptoQuant. This comes as Bitcoin retested the $59,000 level after struggling to break past the $62,400 resistance. Despite recent price declines, the network's hash rate has surged to a record high of 638 exahashes per second, signaling renewed strength in the mining sector. The end of miner capitulation typically suggests a bottom in Bitcoin's price, indicating that a fresh upward momentum could be on the horizon. Given these signals, analysts are optimistic about a potential price surge for Bitcoin in the coming months, though bearish threats still loom. Prediction: With the end of miner capitulation and a record-high hash rate, Bitcoin is likely to experience a renewed bullish trend, potentially leading to significant price gains in the near future, provided it can overcome resistance levels and maintain its upward trajectory. #MarketDownturn #CryptoMarketMoves #BinanceHODLerBANANA #BinanceTurns7

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#MarketDownturn Scott Johnsson, a general partner and general counsel at Van Buren Capital, believes that the U.S. government is on the verge of selling Bitcoin linked to the Silk Road marketplace. On August 16, he responded to a post by Joey Krug, co-founder of Founders Fund, who highlighted that over 19,000 BTC had been moved to a Coinbase address. This transfer, according to Johnsson, suggests that the U.S. Marshal Service (USMS), responsible for disposing of seized assets, is likely preparing to sell these Bitcoin assets. The U.S. government recently moved approximately $594 million worth of Bitcoin to a Coinbase Prime address. This transfer aligns with an established servicing agreement between the USMS and Coinbase made in June, which requires that assets be segregated unless they are about to be sold. Johnsson expects official confirmation of the sale in the DOJ’s fiscal year 2024 report, due in January 2025. Prediction: If the U.S. government proceeds with selling the seized Bitcoin, it could exert downward pressure on Bitcoin's price due to the large volume being offloaded into the market. The sale might create short-term volatility, especially given the significant amount of BTC involved. Investors and traders might anticipate this move and start selling off in advance, leading to a possible decline in Bitcoin's market value. However, if the sale is well-publicized and coordinated, the market might absorb the impact without dramatic fluctuations. The move could also trigger debates on the government's role in the crypto market, especially in light of political figures like Donald Trump discussing policies on Bitcoin holdings.

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