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Professor Mende - Founder of BONUZ Project - in Dubai UAE

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Professor Mende - Founder of BONUZ Project - in Dubai UAE

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📉 WILL BITCOIN HIT $330K THIS CYCLE? 📈 Independent market analyst Arsen remains unfazed by the recent dip in Bitcoin’s price, predicting a monumental rebound to $330,000 in the current bull cycle. 🧠 Smart Money is Accumulating Bitcoin 🧠 Arsen argues that smart money — institutional investors, market experts, and other financial professionals — has accumulated Bitcoin during its recent correction cycle, indicating a long-term bullish bias for the top cryptocurrency. 🗣️ “That’s because this dip is nothing new,” the analyst noted, referring to Bitcoin’s previous bull cycles, which occur every four years and witness explosive price growth. For instance, Bitcoin’s first bull cycle in 2012 lasted 800 days and saw its price rise by a whopping 9,000%. The next cycles, in 2016 and 2020, lasted for around 800 days each, and BTC’s price surged by approximately 3,000% and 1,200%, respectively. 📊 BTC/USD Bull Cycles Illustrated. Source: Arsen 📊 “Notice how, in every consecutive cycle, the Bitcoin returns get smaller by about ~60%,” Arsen wrote, adding: 📝 “That would imply a 450% price increase this cycle, putting Bitcoin at ~$330,000 per coin.” 📝 The Bitcoin price prediction comes amidst a sharp correction, with BTC down around 23% from its all-time high of around $74,000, established just four months ago. 🔍 How Low Can Bitcoin Go Before Resuming Its Bull Run? Bitcoin’s ongoing correction is far from bottoming out, according to some analysts, but most remain convinced about a long-term bull scenario akin to Arsen’s $330,000 price target. Where do you think the price is headed? Drop a comment below and follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more! #bullorbear #btc #bitcoin #BinanceTurns7 #markettrends $BTC $BNB $ETH

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🚨 ELLIPTIC EXPOSES $11B SCAM NETWORK VIA HUIONE GUARANTEE 🚨 Elliptic's latest report reveals the Huione Guarantee marketplace, run by Cambodian conglomerate Huione Group, has facilitated over $11 billion in illicit transactions. These transactions predominantly involve money laundering and cyber scams across Southeast Asia, utilizing Tether ($USDT) for payments. 📊 Blockchain Transparency Tom Robinson, co-founder and chief scientist at Elliptic, highlighted the ability to quantify these transactions thanks to the blockchain's transparency. "This aspect, of course, also means that these crypto transactions can be tracked and blocked in a way that is not possible with other payments," he explained. 🛠 Services Offered by Huione Guarantee Operating mainly in Chinese, Huione Guarantee's marketplace involves thousands of instant messaging app channels managed by separate merchants. Services offered include: - Selling personal data - Money laundering - Software and web development for scam websites - Tools and equipment for imprisoning and torturing scam workers 💸 Tether Transactions While the platform uses various payment methods, Tether is predominantly used due to its trackability compared to traditional fiat flows. A Tether spokesperson emphasized the need for direct engagement with counterparties to freeze illicit activities, criticizing those who publicize findings without intervention. 🕵️ Elliptic’s Investigation Elliptic identified hundreds of crypto addresses linked to Huione Guarantee and its merchants. Robinson noted that businesses could use blockchain analytics to avoid transactions with these entities. "We have labeled several hundred addresses in our tools that are used by these entities, and our customers can screen transactions and wallets for links to them," he said. Crazy story, right? Reminds me of the times where the "darknet" was at it's peak! #scamalert #scam #alert #warning #safety $BTC $ETH $BNB

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🚨 GERMAN GOV’T TRANSFERS ANOTHER $900M IN BITCOIN, ADDING SELLING PRESSURE 🚨 The German government has ramped up its Bitcoin sell-off, transferring another $900 million worth of BTC. This action has sparked concerns that continued selling pressure could further depress Bitcoin prices. According to onchain data from Arkham Intelligence, the wallet labeled “German Government (BKA)” moved a total of approximately 16,309 BTC in multiple transactions on July 8. This marks the largest single-day liquidation from the wallet. Notable recipients included crypto exchanges Bitstamp, Coinbase, and Kraken, as well as market makers Flow Traders and Cumberland DRW. 🔍 Key Transactions 3,500 BTC to Flow Traders 200 BTC to Kraken 400 BTC to Bitstamp 400 BTC to Coinbase Another 700 BTC, worth over $38.5 million, was sent to the wallet “139Po,” which has previously received funds from the German government. Will Germany crash the market? I think they are mad. And have no economic sense of long term bitcoin. Yes/No - drop your opinion in the comments! Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more #germany #bitcoinselloff #bitcoincrash #bitcoinprice #markettrends $BTC $PEPE $FLOKI

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🚨 GERMAN GOV’T & NEXT $276M BTC SELL-OFF 🚨 📉 The German government has continued its Bitcoin sell-off, moving approximately 3,100 BTC worth around $178 million in just one hour on July 9. Simultaneously, the government withdrew roughly 1,700 BTC worth around $91.78 million from Bitstamp, recouping BTC holdings from the exchange. At the time of writing, the German government has also shifted a further 3,107 BTC out of its main holdings, likely preparing for a further imminent sell-off. The main government address currently holds around 26,000 BTC worth $1.5 billion, while the address used to off-load holdings currently holds 4,800 BTC worth $276.61 million. 💼 Related Market Activities The German government sold a further $900 million worth of BTC on July 8, suggesting plans to continue steadily selling off its remaining $1.5 billion in Bitcoin holdings. That same 16,309 BTC sold is now worth over $930 million despite the mass sell-off, suggesting that buyers are still confident about buying BTC in this price range. 📊 Market Sentiment Analysis Coinciding with the BTC sell-off, the reduction in BTC miner activity in operations and reserve sell-offs suggests that the market sentiment might be nearing its bottom. According to Bitfinex analysts, July 6 and 7 market data evidenced this local bottom despite Mt. Gox starting its BTC and Bitcoin Cash (BCH) repayments. 💹 BTC Ready to Rebound? Despite the BTC sell-offs related to the German government and Mt. Gox repayments to creditors, several indicators suggest BTC is ready to bounce back. BTC reached its lowest point since late February, touching $53,550 before reversing to current highs of $57,600. The relative strength index indicator showed a growing divergence between the fall in price and the rise in RSI value, suggesting weakening sell pressure. Apologies for my home nation. I would had sold the bitcoin to @Justin Sun孙宇晨 via otc. Follow Professor Mende for more! #germany #bulltobear #bitcoinprice #bitcoincrash #bitcoin $BTC $BNB

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🚀 IMPORTANT: TRON TO DEVELOP GASLESS STABLECOIN TRANSFERS BY Q4 !!!🚀 WHY THIS IS GREAT NEWS: 1. Implementing gas-less transfers will strongly accelerate Web3 mass adoption due to increased simplicity 2. Due to the network speed & already extremely low fees, TRON is the perfect network for small payments and transfers 3. This could be an amazing investment opportunity in the TRON network (not financial advice, DYOR) But first things first: 🔗 According to Tron founder Justin Sun, the mechanism would enable the cost of the transfer to be covered by the stablecoins themselves. On July 6, Sun announced in a post on X that his team is working on enabling gas-free peer-to-peer (P2P) stablecoin transfers. 💬 In his post, Sun noted that this would mean that stablecoin “transfers can be made without paying any gas tokens, with the fees being entirely covered by the stablecoins themselves.” Sun, however, did not elaborate on how the gasless mechanism would work. 🔄 Sun mentioned that the feature will be implemented on the Tron blockchain first, followed by support for Ethereum and all Ethereum Virtual Machine (EVM) compatible networks. He added that his team hopes to launch the feature in the fourth quarter of 2024. 📈 According to Sun, gasless stablecoin transfers could boost mass adoption of stablecoins. He wrote: “I believe that similar services will greatly facilitate large companies in deploying stablecoin services on the blockchain, elevating blockchain mass adoption to a new level.” What do you think about this innovation? Let me know in the comments! Like, share & follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE #tron #trc20 #cryptonews #memecoins #bullorbear @Justin Sun孙宇晨 $trx $btc $pepe

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