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Breaking News: SEC Approves Options for BlackRock’s Bitcoin Spot ETF!
According to breaking news, the SEC has approved options for the BlackRock Spot ETF.

#KIP  #KIPprotocol  #CryptoDeNostradame  #ParrotBambooCrypto  

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Dogecoin Could Rise as Golden Cross Trend Emerges After 4 Years Dogecoin ($DOGE ) has caught the attention of the crypto market amidst the current uncertainties. The memecoin is on the verge of forming its first Golden Cross in four years. This key technical indicator has previously led to significant price gains. This potential Golden Cross has excited market watchers and has spawned various price predictions. The excitement surrounding Dogecoin’s potential Golden Cross was started by an analyst on the X platform. The analyst explained that Dogecoin is just a few weeks away from completing this pattern and was last seen on-chain in early 2021. A Golden Cross occurs when an asset’s short-term moving average crosses over its long-term moving average, and it usually signals an uptrend. The last time Dogecoin experienced this pattern in January 2021, the coin’s value increased by 8,000% to $0.76. Historical trends can provide insight, but they are not definitive predictors of future performance. Dogecoin’s recent performance has been poor, closing the last three months in the negative. Caution prevailed among investors, with the coin’s price last down 1.95% to $0.1043, with a market cap of $15.24 billion. The coin has fluctuated between $0.1037 and $0.1072. If Dogecoin repeats its past Golden Cross performance, it could see a surge as large as $8. Dogecoin’s network health and activity also play a significant role in potential price action. Recent analysis suggests that the coin could potentially reach $1.4 as network activity intensifies. Only 1.93 million transactions were made last week, reflecting strong network health. This increase in network activity is fueling positive sentiment around Dogecoin, but price speculation continues to be heavily influenced by external factors, including well-known figures like Elon Musk. In summary, with Dogecoin on the verge of a potentially significant Golden Cross, investors should compare historical trends with current market conditions and network activity. #CryptoDeNostradame #ParrotBambooCrypto

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FBI Conducts New Bitcoin (BTC) Operation! The Federal Bureau of Investigation (FBI) has arrested 20-year-old Singaporean Malone Lam in the US on charges of conspiring to steal and then launder $230 million worth of Bitcoin (BTC) from Washington County residents. According to the FBI, Lam, 20, was found to have used the aliases Anne Hathaway and “$$$,” while her accomplice Jeandiel Serrano, from Los Angeles, was found to have used the aliases “VersaceGod” and “SkidStar.” Singaporean Malone Lam is accused of stealing more than 4,100 BTC. After gaining access to the victims’ cryptocurrency accounts, Lam transferred the $BTC to his own accounts. Investigators believe Lam and Serrano began implementing their criminal scheme in August. Evidence from the investigation suggests that the attackers used pass-through wallets and VPNs to move stolen Bitcoins (BTC) through various exchanges and crypto-mixers to maintain anonymity and hide their tracks. The FBI alleges that a group of collaborators spent the laundered money on a lavish lifestyle: trips abroad, nightclubs, luxury cars, jewelry, and rental properties in Los Angeles and Miami. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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Michael Saylor’s Bitcoin Claim Hits the Spotlight: “According to Solid Rumors…” MicroStrategy Chairman Michael Saylor has sparked speculation by saying that “credible rumors” suggest that one or more major U.S. banks could soon offer Bitcoin (BTC) custody services. If true, this would represent a major breakthrough for traditional financial institutions looking to enter the institutional crypto custody space. One of these institutions, America’s largest custodian bank BNY Mellon, was recently identified during public testimony at Wyoming’s Select Committee on Blockchain, Financial Technology, and Digital Innovation Technology. The testimony revealed that BNY Mellon received an “exemption” from adhering to the SEC’s Staff Accounting Bulletin (SAB) 121, which imposes accounting guidelines for crypto custody businesses. In a federal update on Monday, Chris Land, general counsel to U.S. Senator Cynthia Lummis, said the SEC and other regulators have cleared the way for BNY Mellon to provide institutional digital asset custody. “BNY wants to be more involved in crypto custody,” Land said. He explained that while the bank initially faced challenges with SAB 121, the SEC granted an exception that allowed BNY to move forward with crypto services. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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Is the XRP Bull Run Coming? 380 Million XRP Purchases Ignite the Market! Economic changes in the US have stirred up the crypto market at a time when Ripple Labs-backed XRP is preparing to break through critical resistance levels. One of the largest-volume altcoins, XRP has recently been trying to strengthen against Bitcoin. XRP’s bullish potential is supported by the recent accumulation of $XRP by whales. The XRP/BTC pair, which has been stuck in a downtrend in recent years, recently tested a significant support level and recovered from there. In terms of technical analysis, the XRP price is expected to bounce back to previous all-time highs against Bitcoin. This move could trigger a major XRP bull run against the US Dollar. On-chain analysis has revealed that XRP whales have been accumulating more XRP at lower prices recently. Market analysis platform Santiment showed that whale investors have purchased more than 380 million XRP worth over $228 million in the last ten days. The demand for $XRP among institutional investors is expected to grow exponentially as Ripple further develops cross-border payments. Following Ripple’s remarkable growth, Grayscale Investment recently announced that the Grayscale $XRP Trust is now open to eligible investors. Grayscale offers institutional investors the opportunity to purchase securities that track the Coindesk Ripple Price Index (XRX). Over the past year, Ripple core developers have been working on developing the XRPL network to power scalable, secure, and cost-effective web3 protocols. The Ripple team aims to enable XRPL availability, especially by supporting EVM protocols in the near term. Currently, Ripple has launched an XRPL native DEX and AMM and will soon launch its fiat-backed stablecoin. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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ETHBTC Pair, XRP and General Crypto Markets Analyst Comments. We are now coming to the end of September and the Fed has started interest rate cuts quite strongly. Before the end of the year, the markets expect the total 100bp cut target to be realized. Keeping interest rates at the top for more than a year has been the factor that has suppressed risk markets. In his latest market assessment shared hours ago, Benjamin Cowen reminded us of his view that the bottom in the ETH/BTC pair will be 0.03-0.04BTC. We saw 0.0383 in the ETHBTC pair days ago as the lowest level since April 2021. According to him, trying to catch the bottom zero-zero was not a smart move and the price bottomed. He shared his current forecast with the following sentences. “If 0.038 cannot hold as support, 0.036 can provide support as it is also the highest level of 2016. Again, I do not know exactly where the lowest level is. My view is that the worst case scenario is 0.03, but I would be surprised if it actually drops that low. For the sake of uncertainty, I think ETH/BTC will rise in 2025, and the debate over whether the bottom is 0.03, 0.036, or 0.038 is irrelevant. In the last cycle, ETH/BTC bottomed when QE started, and that may still be a long way off. However, let's add that in 2016 and 2019, ETH/BTC bottomed only lasted 7-8 weeks, and we are currently in week 8. When ETH/BTC fell in both 2016 and 2019, ETH/USD fell in Q4, but in 2019, ETH/BTC bottomed in September.” The path of the stock markets is much more important for crypto investors during this period. While risk markets welcome the Fed's decision, we saw a new peak in the SPX. Macro expert Innocent also welcomes the rise and says the latest employment data supports it. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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