#Bitcoin reached 64K, 49K sellers be like: #Binance #crypto2024 | br_ning su Binance Square

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#Bitcoin  ha raggiunto 64K, 49K venditori sono tipo:
#Binance  
#crypto2024  

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Bitcoin's Short-Term Bullish Potential Amid Re-Accumulation 📈 • Short-Term: Bitcoin is showing a #bullish swing potential for the next 1-3 weeks. • Medium-Term: Demand and supply have been #bearish since the April halving, but there are signs of a possible reversal in the past 4 weeks (though unconfirmed). It will take more time before Bitcoin reaches new all-time highs. • Macro: Despite risk signals hitting lower lows, Bitcoin remains in a re-accumulation pattern, not a bear market. • Traditional Finance (#TradFi ) Risk: Falling bond rates are a concerning signal, often preceding crashes (e.g., 2020, 2008). However, these crashes have historically been followed by liquidity-driven rallies across all asset classes. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024

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Bitcoin Mining Difficulty Hits New All-Time High 😱 The #Bitcoin mining #difficulty was adjusted at block height 860,832 (on September 11 at 11:25), increasing by 3.58% to 92.67 T, setting a new all-time high. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024

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Lawmakers Clash Over DeFi’s Role in Finance 🧐 The first-ever Congressional hearing on decentralized finance (#DeFi ) on Sept. 10 revealed a sharp divide between U.S. lawmakers. Republican proponents like French Hill emphasized DeFi’s potential to create a freer financial system through peer-to-peer transactions without intermediaries. In contrast, Democratic representatives like Brad Sherman and Maxine Waters criticized DeFi for enabling #crimes , tax evasion, and regulatory noncompliance. Witnesses provided contrasting perspectives, with some advocating for DeFi’s role in financial inclusion, while others warned of its risks, including scams and investor exploitation. The debate highlighted the complexity of #regulating DeFi and its role in shaping the future of finance. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024

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