🚨 US Supreme Court Grants Immunity to Donald Trump
The US Supreme Court has ruled in favor of former President Donald Trump, granting him immunity from prosecution for actions taken while in office. This decision is a significant victory for Trump amidst multiple legal battles. The ruling indicates that a former president can claim immunity for official acts carried out during their tenure, a decision that will delay several ongoing prosecutions against him, including those related to the 2020 election interferenc.
Robert Kiyosaki has recently shared his perspective on the Bitcoin crash. According to him, the majority of individuals should consider selling their holdings. His stance is that this could be an opportunity to offload, allowing for a potential re-entry point at a later stage.
Announcement: Delisting Cryptocurrencies from Binance
Please be informed that the following cryptocurrencies will be delisted from Binance on the specified dates. Please take necessary actions before the deadlines:
1. **Aragon (ANT)** - Delisting Date: February 20, 2024 - Withdrawals End: May 20, 2024
2. **Multichain (MULTI)** - Delisting Date: February 20, 2024 - Withdrawals End: May 20, 2024
3. **Vai (VAI)** - Delisting Date: February 20, 2024 - Withdrawals End: May 20, 2024
4. **Monero (XMR)** - Delisting Date: February 20, 2024 - Withdrawals End: May 20, 2024
5. **OmiseGO (OMG)** - Delisting Date: June 17, 2024 - Withdrawals End: September 17, 2024
6. **Waves (WAVES)** - Delisting Date: June 17, 2024 - Withdrawals End: September 17, 2024
7. **Wrapped NXM (WNXM)** - Delisting Date: June 17, 2024 - Withdrawals End: September 17, 2024
8. **NEM (XEM)** - Delisting Date: June 17, 2024 - Withdrawals End: September 17, 2024
9. **DREP (DREP)** - Delisting Date: April 3, 2024 - Withdrawals End: July 3, 2024
10. **MobileCoin (MOB)** - Delisting Date: April 3, 2024 - Withdrawals End: July 3, 2024
11. **PNT (PNT)** - Delisting Date: April 3, 2024 - Withdrawals End: July 3, 2024
Over 30,000 $BTC , worth a staggering $2B, have been dumped by miners since June. This historic sell-off marks the fastest pace in over a year, as miners scramble to adapt to the post-halving landscape. The halving event, which reduced mining rewards, has squeezed profits, forcing miners to liquidate their holdings.
As a result, miners' reserves have plummeted to their lowest levels in over 14 years. The sell-off has sent shockwaves through the crypto market, with Bitcoin's price taking a hit, dropping from $71,907 at the beginning of June to $63,378.89 by the end of the month.
But it's not just #Bitcoin feeling the heat. #Altcoins have also experienced significant declines, with some dropping by over 20%. The market is in turmoil, and the future remains uncertain.
Will this sell-off trigger a #domino effect, causing further price drops? Or is this the end of the miners' capitulation, paving the way for a potential market recovery? Only time will tell. 🕰️
Many are still holding out for Ethereum to fall below $3,000 and Bitcoin to dip back to $50,000, hoping to buy at the bottom. However, this might be a missed opportunity. Key Points:
- No Major Downtrend: The market isn't showing signs of a significant drop. - Seize the Moment: If you missed out in 2022 and 2023, now is the time to act. - Bull Market Potential: The value potential of this bull market is immense. Waiting for a Federal Reserve rate cut could mean missing out. - Future Planning: Don't regret staying silent when it’s time to make moves. Cherish the present and prepare for the future. Act now and position yourself wisely in the market!
🔻 Crypto Market Plunges: Between June 20 and June 21, the total cryptocurrency market cap plummeted by 3.9%, nearing a five-week low at $2.34 trillion. Bitcoin (BTC) fell 4.2%, Ether (ETH) dropped 4%, and BNB (BNB) faced a 4.2% correction, dragging the entire market into a bearish sentiment.
🔍 Germany's Bitcoin Sell-Off: Rumors suggest that a large Bitcoin sale by the German government contributed to the market downturn. According to Arkham, a wallet linked to the German government transferred 6,500 BTC (worth $425 million) to exchanges on June 19. These funds, seized from the pirated movie site Movie2k, reportedly went to Kraken, Bitstamp, and Coinbase, suggesting a significant sell-off.
💰 MicroStrategy's BTC Purchase: Contrary to this, MicroStrategy announced on June 20 that it had purchased an additional 11,931 BTC for $786 million, effectively countering the German sell pressure. This purchase should have offset the two-day $292 million net outflow from U.S. spot Bitcoin ETFs.
📊 Macroeconomic Concerns: The real issue might lie in the traditional finance sector. Negative macroeconomic data has shaken investor confidence, with the U.S. stock market nearing a "triple witching" event where $5.5 trillion in derivatives are set to expire. This, coupled with weak economic indicators from the U.S., France, Germany, and the UK, has spooked traders.
📉 Conclusion: While Germany's Bitcoin sale might have played a role, the broader market turmoil seems driven by global economic concerns. As traders navigate these turbulent waters, the focus remains on macroeconomic indicators and traditional market influences. #BinanceTournament #CryptoTradingGuide #Megadrop #BTCFOMCWatch #ETHETFsApproved $BTC $DOGE
Day Trading Strategy #CryptoTradingGuide Day trading is a popular trading strategy in financial markets, including stocks, forex, commodities, and cryptocurrencies. It involves buying and selling financial instruments within the same trading day. Here's a detailed explanation of day trading:
Key Characteristics 1) Short-Term Focus Intraday Trading: Positions are opened and closed within the same trading day, avoiding overnight risk. High Frequency: Often involves multiple trades throughout the day to capitalize on small price movements.
2) Technical Analysis Chart Patterns: Day traders heavily rely on technical analysis and chart patterns to make trading decisions. Indicators: Commonly used indicators include moving averages, Relative Strength Index (RSI), Bollinger Bands, and MACD (Moving Average Convergence Divergence).
3) Market Timing Quick Decision-Making: Requires the ability to make quick trading decisions based on real-time market data. Execution Speed: Fast execution of trades is crucial to take advantage of short-term price movements.
Trading Strategies 1) Scalping Description: Aims to profit from small price changes over short periods. Frequency: Involves executing dozens or hundreds of trades in a single day. Focus: Takes advantage of minor price fluctuations.
2) Momentum Trading Description: Involves buying securities that are moving strongly in one direction. Indicators: Relies on momentum indicators to identify and exploit market trends.
3) Breakout Trading Description: Involves entering a trade at the early stages of a trend, once the price breaks a key level of support or resistance. Focus: Looks for increased volume and price movement following a breakout.
4) Reversal Trading Description: Involves identifying points where the market trend is likely to reverse. Indicators: Uses technical indicators like RSI or MACD to spot overbought or oversold conditions. #BinanceTournament #MicroStrategy #ETHETFsApproved #CPIAlert
See How Much Could You Earn by Investing $1,000 in PEPE Now? 🤑
If you invest $1,000 in PEPE at its current trading value of $0.00001131, you would receive 88,417,329 PEPE tokens. Let's explore the potential profit by December 2024. 📈
Leading cryptocurrency market experts predict that PEPE could reach $0.00008968 by December 2024. Based on this projection, your investment would be worth: \[ 88,417,329 \, \text{PEPE} \times 0.00008968 \, \text{USD} = 7,929 \, \text{USD} \] Your profit would be: \[ 7,929 \, \text{USD} - 1,000 \, \text{USD} = 6,929 \, \text{USD} \] This equates to a 693% increase. 🚀 🚀
### Important Considerations 1. **Regulatory Policies**: New government regulations can greatly affect cryptocurrency values. Acceptance or prohibition by different countries directly impacts supply and demand. 🏛️
2. **Market Sentiment**: News, events, and expert predictions can sway investor sentiment, causing sudden price fluctuations. 📰
3. **Technological Developments**: Advances in blockchain technology and the development of applications related to PEPE will significantly influence its value. 💻
Remember, this is just a forecast. The cryptocurrency market is highly volatile and influenced by various factors like regulatory policies, market sentiment, and technological advancements. Before investing, thoroughly research, assess the risks and opportunities, and base your decisions on accurate and suitable information for your financial situation. 💼
Feel free to share your thoughts in the comments to help other investors get a comprehensive view of the market. Happy investing, and may you achieve great returns by the end of the year! 🎉
🔥🔥🔥 Analyst Predicts: US to Face Its Own ‘Bank of England’ Debt Crisis Prior to Elections.
Analyst Warns of a Potential Crisis for U.S. Debt with Steep Yield Increases Otavio Costa, Macro Strategist at Crescat Capital, has issued a warning about looming issues for the U.S. economy ahead of the upcoming presidential elections. On social media, Costa highlighted the deteriorating liquidity of the U.S. government securities index, noting that it is at its lowest levels since the 2011 European debt crisis.
Costa emphasized the concerning nature of this situation, particularly given the significant interest rate differentials between the U.S. and other developed economies. He suggested that the U.S. might be heading towards its own "Bank of England" moment. This term references the sharp increase in treasury yields experienced by the UK in September 2022, following announcements of over $57 billion in unfunded tax cuts, which raised concerns about the UK's debt sustainability.
Costa also pointed out that the traditional 60/40 investment portfolios, which allocate 60% of funds to equities and 40% to bonds, might begin to shift some of their allocation towards assets like gold. This shift aims to build defensive structures against upcoming imbalances, leveraging the stability of safe-haven commodities.
The warnings about an impending debt crisis are not new. Earlier this year, other analysts and experts have voiced similar concerns. In January, #robertkiyosaki cautioned about the ballooning U.S. debt, advising investors to buy gold, silver, and bitcoin. In March, Mike Novogratz, CEO of Galaxy Digital, suggested that the government should raise taxes and cut spending to avert a debt spiral crisis.
These insights underline the growing apprehension about the U.S. economic outlook and the potential need for significant fiscal adjustments to ensure stability.
Circle's Chief Executive Officer expresses an extremely positive and enthusiastic perspective regarding cryptocurrencies, highlighting a strong bullish stance and an unparalleled level of optimism.