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China is considering approving an additional fiscal package of over $1.4 trillion to revive the economy next week. This package is expected to be further expanded if Trump wins the election. (Reuters)
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Peter Brandt: Halving rally in Bitcoin may have begun Stating that the "falling peaks, falling bottoms" series that has been going on since March has come to an end, Peter Brandt said, "The halving rise in Bitcoin may have begun." Experienced analyst Peter Brandt, known for his accurate comments on Bitcoin, suggested that the expected post-halving rally may have begun. Stating that Bitcoin has completed the 5-month reverse expanding triangle formation, Brandt said, "Continuity will be important. The rise after the halving may have begun. The 'falling hills falling bottoms' series, which has been going on since March, has ended." commented. Last week, Brandt stated that Bitcoin was in the process of a historical break, describing this situation as "the most anticipated and hoped break in history". The analyst expects the number one cryptocurrency to reach up to $135k in August or September 2025.
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BINANCE X: We understand that some users experienced issues with the Futures UM order book and Klines not updating, which may have impacted your trading experience. Our team has investigated and resolved the issue. We recommend that you try again. Thank you for your patience and understanding!
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Frightening transfer of 1.2 trillion units from meme coin whale In PEPE, one of the rare number of coins that rose with Bitcoin this year, the heavy transfer of a whale drew attention. Whale sent 1.2 trillion tokens to Binance. In $PEPE , which is one of the most increasing coins in the meme coin madness in 2024, a whale carried 1.2 trillion tokens worth approximately 11 million dollars to the Binance exchange. The fact that PEPE experienced a 2% decrease while many coins were rising today does not escape the eyes. According to the information given by Whale Alert, this whale still has 208 billion PEPE. The value of these tokens is around 1.9 million dollars... This investor also has many cryptocurrencies such as Fantom, Shiba Inu and Worldcoin. Trillions of copies were stolen PEPE, which emerged in April of 2023, received great attention from the cryptocurrency world. While particularly sharp rises made PEPE hear more over time, there was an inside theft in the project. In August 2023, some of the team members stole 16 trillion tokens from the main wallet. After this theft, PEPE fell by 25% in minutes. However, experts claim that this situation has made PEPE even more decentralized and a token in which the community is in control. PEPE was one of the most valuable cryptocurrencies with an increase of more than 10 times in the upward movement it started last year.
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Bitcoin is back after Friday evening, exceeded 69 thousand Bitcoin, which fell to the level of $65,590 on Friday evening, is back. While the decline seen with the Tether news was short-lived, Trump's lead in polls and betting sites seems to be the biggest supporter of the price of Bitcoin. For the first time since October 20, Bitcoin reached the level of 69 thousand dollars again. The largest cryptocurrency fell to $65,590 after the Wall Street Journal's Tether report on Friday. Bitcoin, which rose again over the weekend, exceeded the level of 69 thousand dollars about 1 hour before the opening of the US markets on Monday. The main reasons why Bitcoin remains strongly high can be seen as the relative decline in geopolitical tensions in the Middle East and Donald Trump's step-by-step march to the presidency. On Friday evening, the news that US prosecutors launched an investigation against the Tether company was denied by the company's CEO Paolo Ardoino. Shortly after the news, Israel launched an airstrike on Iran, but this attack did not increase the tension between the parties. It was known that the USA warned Israel not to hit Iran's oil and nuclear facilities. Trump is moving forward Although the public does not have full confidence in research and voting platforms, Donald Trump's superiority in betting sites and polls continues. In fact, on the betting site called Polymarket, it is seen that Trump is ahead of Kamala Harris by more than 30%. Kamala Harris's low performance in the interviews and rallies she organizes attracts a reaction even from her audience. This situation in the US elections ensures that the price of Bitcoin remains at the level of 70 thousand dollars.
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