Bitcoin and the broader cryptocurrency market appear to have concluded their correction phase. Bitcoin is now aiming for a target range of $75K to $80K. Ensure you're holding a diverse portfolio of altcoins, as they are expected to surge during this bull cycle. Notable altcoins that are likely to perform well include Pepe, Floki, People, Bonk, Sats, Near, Shiba, and Dogecoin.
For these altcoins, it is advisable to engage in spot trading. This strategy allows you to hold onto them throughout the bull run without worrying about daily price swings. Keep in mind that this bull run will develop in four phases, and we are currently in the initial phase. This means a long journey ahead with several corrections along the way.
If you are considering entering a position in BTC, set a stop loss at $63K to manage your risk effectively. Stay vigilant for negative news and potential market manipulations that could trigger retracements. Avoid the fear of missing out (FOMO)-make your purchases during corrections or shortly after, such as now.
"BREAKING NEWS: Trump Pulls Out of Presidential Debates!
Donald Trump has surprised everyone by saying he won't participate in the presidential debates for now. This has caused a lot of speculation and discussion.
Why is Trump avoiding the debates? Some people think he might be afraid to face Vice President Kamala Harris.
This decision could hurt or help Trump's campaign. Will it make him look weak or smart?
People are sharing their thoughts online, with some saying he's afraid and others saying it's a clever move.
What's next ? Trump's team will focus on rallies and media appearances to keep his campaign going. Share your thoughts on Trump's decision! Like and share this post to stay updated!"
Or in even simpler terms:
"DONALD TRAMP won't participate in the presidential debates. People are wondering why. Some think he's afraid to face Kamala Harris. This might help or hurt his campaign. What do you think?"
Chinese authorities have uncovered a significant security breach involving four former Huobi employees. These individuals allegedly implanted Trojan software in user wallets, leading to the theft of over 40,000 user reminders and private keys.
This revelation has sent shockwaves through the crypto community, highlighting the critical importance of robust security measures. The breach underscores the potential risks associated with digital assets and the necessity for users to remain vigilant.
As the investigation continues, this incident serves as a stark reminder of the need for enhanced cybersecurity practices within the cryptocurrency industry. Users are advised to review their security protocols and remain cautious of any suspicious activities. #BinanceTurns7 #VanEck_SOL_ETFS #SOFR_Spike #MtGoxJulyRepayments
US Government Makes a Bold Move, Germany Lags Behind
The US government has just transferred around 58 $BTC to a centralized exchange (CEX), worth approximately $3.96 million. This move has drawn significant attention from the cryptocurrency community.
➡ At present, the US government holds a substantial 213,239 BTC, valued at an impressive $14.3 billion.
Most of these Bitcoin reserves come from three major seizures:
◆ November 2020: Seized 69,369 BTC from Silk Road
◆ January 2022: Confiscated 94,643 BTC fi the Bitfinex hacker case
During their latest meeting, Donald Trump and Elon Musk reportedly discussed a range of topics, including cryptocurrency policy. While Trump is increasingly highlighting Bitcoin and other digital assets in his campaign, Musk has publicly denied having specific talks about cryptocurrency with Trump. Musk did, however, indicate his general support for initiatives that transfer power from the government to the people, which aligns with the principles behind cryptocurrencies.
Despite Musk's denial of direct crypto discussions, it is evident that cryptocurrency is becoming a significant element in Trump campaign strategy. Trump has been actively promoting Bitcoin and has promised to commute the sentence of Ross Ulbricht, the founder of Silk Road, if re-elected. This shift towards a pro-crypto stance is part of his broader strategy to attract digital asset enthusiasts and voters interested in technological innovation.
Additionally, there is speculation that Musk could take on an advisory role in Trump's campaign, potentially influencing the integration of crypto advocacy in the political dialogue. This development underscores the growing intersection between technology and politics, with influential figures like Musk playing a crucial role in shaping future policies #ETH_ETFs_Trading_Today #BinanceTurns7 #SOFR_Spike #ETH_ETFs_Approval_Predictions
Breaking News: Elon Musk's latest move in the crypto world has tongues wagging!
Elon Musk has just updated his profile photo to feature "laser eyes," a symbol synonymous with Bitcoin enthusiasts. This change comes just as his private jet landed in Tennessee, coinciding with the Bitcoin Conference.
Reports from reliable sources like Fox Business and an Instagram account tracking Musk's travels confirm this intriguing update. Known for his influential presence in the crypto space, Musk has previously adorned his profile with Bitcoin-themed elements, only to remove them later.
Santiment: The crowd has quieted down after Bitcoin and cryptocurrencies experienced a somewhat unexpected surge over the past two weeks. Those who were talking about an impending bear market in early July have essentially disappeared as #BTC approached $70K again. $BTC
Bitcoin surged past $67,000, sparking speculation of a "Mega Bull" run fueled by the possibility of a second Trump presidency. CEO Stephane Ouellette predicts a favorable regulatory environment for crypto if Trump wins, similar to the 2021 bull market. The selection of pro-crypto JD Vance as VP candidate also boosts crypto's prospects. However, this is not investment advice, and the election outcome is still uncertain. #ETH_ETFs_Approval_Predictions #bitcoin☀️ #BullRunAhead #BULLRUN24 #bullrun2024📈📈
Today, I want to highlight a crucial precaution for everyone, especially those new to the cryptocurrency world. It's not about hackers or viruses, but a simple mistake that could permanently wipe out your wallet with no chance of recovery!
When updating your cryptocurrency apps on your mobile phone, proceed slowly and carefully. Many mobile phones view these apps, like wallets and exchange platforms, as high-risk software or even viruses. During an update, you might receive a prompt to proceed cautiously.
Consider this scenario: after downloading the update installation package, your phone might warn you about detected risks and suggest exiting the installation and deleting the package. Do not click delete! If your Wa isn't backed up, this mistake could result in a total loss. Apps like Binance and OK, which are now linked to Web3 wallets, could cause significant trouble if deleted without a backup. Even though it might just delete the update package, there's a risk that the original software could be removed too. Instead, select "Install regardless of risk" and proceed.
However, the danger isn't over yet. After installation, your phone might prompt you again about a risky app, suggesting immediate uninstallation. Do not click uninstall! This action will definitely remove your app. Therefore, when updating any cryptocurrency app, take your time and proceed carefully. If prompted again, choose "Ignore Risk." Only then can you ensure everything remains intact and your wallet stays safe. #BinanceTournament #BinanceHODLerBANANA #BinanceTurns7 #SOFR_Spike
Be aware of potential P2P disputes due to blocked accounts! Recent cases involve buyers engaging in off-platform deals, receiving third-party payments, and selling USDT at higher rates elsewhere, resulting in fraud complaints and account blocks.
Cancel trades if buyers can't provide required information
_PROTECT YOUR ACCOUNT_- Always obtain a video statement and buyer mobile number- Record transaction history and proof of fund-- Be cautious of third-party payments and ot, platform deals ENSURE SECURE TRANSACTIONS ON