🧙‍♂️ SEC's Head of Crypto Assets and Cyber Unit for 9 ye | Crypto De Nostradame na Binance Square

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Crypto De Nostradame

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🧙‍♂️ O chefe de ativos criptográficos e unidade cibernética da SEC por 9 anos renunciou ao cargo.
#CryptoDeNostradame #ParrotBambooCrypto 

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Important Bitcoin (BTC) Statements from VanEck CEO, Who Manages 89 Billion Dollars! Bitcoin (BTC) has been trying to recover in recent days, having experienced a sharp correction to $53,500 due to sell-off pressure from Mt.Gox and the German government. While investors who suffered huge losses with the last correction now expect an increase, analysts and officials generally say that this correction is healthy. Speaking to CNBC, VanEck CEO said that the recent Bitcoin correction is perfectly normal and that the fundamentals and factors for BTC's rise still look strong. Arguing that it is completely normal for BTC to experience corrections during the bull market, the famous CEO stated that BTC will rise by taking advantage of rising factors such as halving and FED's interest rate cut. “Although the German government's sales and Mt. Although there has been recent selling pressure, including Gox refunds, this selling pressure is short-term and Bitcoin will rise in the long term. Additionally, these corrections occur in every bull market and are extremely normal. These correction phases should be seen as buying opportunities. There were also purchases in the last correction. “At this point, there has been a noticeable increase in retail investor activity in spot #BTC ETFs.” VanEck CEO recently emphasized that the appeal of other traditional safe haven currencies such as the Swiss franc, euro and yen has decreased due to various economic weaknesses seen around the world, and said that gold and Bitcoin have become attractive alternatives for investors seeking stability.

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🧙‍♂️On July 11, spot Bitcoin ETFs recorded an inflow of $79 million. •#Grayscale (GBTC) Bitcoin ETF experienced an outflow of $37 million. •#Blackrock (IBIT) ETF experienced an inflow of $72 million. •#Fidelity (FBTC) Bitcoin ETF saw inflows of $32 million.

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Germany took back millions of dollars worth of Bitcoin does The German government took back $141 million worth of Bitcoin in a remarkable operation. In the last transaction, 2442 Bitcoins were transferred to the state's digital wallet. The details of this large-scale operation are remarkable. 903 Bitcoins (approximately $52.3 million) were withdrawn from the Kraken exchange. In addition, another 1529 Bitcoins ($88.6 million) were transferred from addresses whose source is not yet clear. 10 Bitcoins ($575 thousand) were purchased from the Bitstamp platform. This move coincides with the German government's plan to dispose of 50 thousand Bitcoins seized from the pirated movie site Movie2K, which was closed in January. This strategy of the government became the target of criticism in some circles. "The government's decision to hastily sell Bitcoins may have negative consequences in the long term," said Bitcoin advocate and Bundestag member Joana Cotar.

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Justin Sun is collecting Ethereum: Will altcoins take off? SpotOnChain reported that a suspicious wallet of TRON founder Justin Sun was buying Ethereum (ETH) dips. SpotOnChain reported that a suspicious wallet from TRON founder Justin Sun was buying Ethereum (ETH) dips. Justin Sun reportedly purchased 1,614 ETH at $3,097. Sun spent approximately 5 million USDT to make this purchase. This is a notable development for ETH becausei. -SpotOnChain revealed the TRON founder's constant purchase of ETH. Allegedly, 362,751 ETH have been purchased since February 8. Three different budgets were allocated to purchase these coins at a daily level of 3,047. The estimated cost of these ETH purchases is approximately $1.11 billion. It looks like Justin Sun isn't done with Ethereum yet. According to SpotOnChain, he recently deposited approximately 45 million USDT to crypto exchange Binance. This move suggests that he can use this amount of USDT to buy more Ethereum within days. These potential buys are expected to boost ETH As mentioned above, significant purchases by market leaders like Sun can have a positive impact on a coin. In the case of Ethereum, Sun already has a large asset because it can buy more coins. This could have a positive impact on the ETH price and the broader crypto market in the long run. At the time of writing this article, Ethereum was trading around $3,126.54, up 1.5 percent in the last day. Although this is a minor uptrend, it is still a positive move as it appears that ETH is trying to start a recovery.

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