🐳According to Santiment data, the number of wallets holding 10 or more Bitcoins reached the level of 2 years ago (June 16, 2022).

#ParrotBambooCrypto #CryptoDeNostradame #BTC $BTC

A million-dollar scam from an early Ethereum (ETH) investor.
In these days when Bitcoin (BTC) is breaking records one after another, eyes are turned to the performance of the ETH price. Affected by positive market conditions, $ETH has increased by 31.5 percent in the last week.
A whale woke up from its three-year sleep as ETH rose above $3,400. On-chain researcher Lookonchain announced that the whale in question purchased ETH from a pre-sale 10 years ago.
Ethereum (ETH) made whales nervous
The whale, who came under Lookonchain's radar, purchased $1,951 worth of ETH from a pre-sale he participated in in 2014. The 6,292 ETH purchased by the whale reached $20.15 million after recent increases. Lookonchain reported that the whale sent 1,555 ETH, equivalent to $4.86 million, to Coinbase.
Another transaction reflected in the blockchain records came from a whale with 398,891 ETH worth $1.28 billion. The whale in question has sold 46,853 ETH for 138.8 million USDC since November 7. Lookonchain reported that the giant whale sold his ETH for $2,920.
Tron founder Justin Sun also attracted attention with the transaction he made during the day. Bullish maximalist Sun sold 19,000 ETH following the recent increases. The crypto CEO earned $69.36 million from the sale in question.
According to CoinGecko data, ETH recorded a trading volume of $75.6 billion in the last 24 hours. ETH, which was traded at $2,700, reached a market value of $387 billion.

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📣Tether announced the launch of Alloy, a new digital asset powered by Tether Gold.

#Tether $BTC #ParrotBambooCrypto #CryptoDeNostradame #ParrotBamboo

The first live broadcast of the conversation between Trump and Biden will air on CNN on June 27.

#ParrotBambooCrypto #CryptoDeNostradame #Biden #Trump $BTC

Remarkable report from Binance: 97 percent of memecoins have been reset.
The report titled Understanding the Rise of Memecoins, published recently by cryptocurrency exchange Binance, examined the investor profiles in this area.
The report, which claims that memecoins embody the basic principles of the cryptocurrency sector, included the following statements: “It is seen that a clear priority is given to financial profit and less focus is given to technological advancement.”
The ratio between the total market value of memecoins and altcoins has almost tripled since 2022. However, this ratio is still below the peak of 12 percent recorded in 2021.
According to Binance’s report, 76.5 percent of cryptocurrency investors come from the Y generation. Generation Z, representing the 18 to 24 age group, draws attention with its relatively low share of 17.4 percent, while Generation X, between the ages of 41 and 56, is the lowest segment investing in crypto with 4.9 percent.
The report drew attention to the astronomical increases recorded by new and popular memecoins in a short time. For example, WIF reached a market value of $1 billion in 104 days. While SHIB reached this level in 279 days, it took eight years for DOGE to reach a market value of $1 billion. The Binance report reminded that 75 percent of the memecoins traded in the market were produced in the past year.
The Binance report, which examines the economic and socioeconomic factors behind the interest in memecoins, emphasized that the global money supply grew by more than 25 percent between 2020 and 2022, from $81 trillion to $102 trillion. While it was stated that the monetary expansion in question caused inflation to rise, attention was drawn to the US inflation rate, which was measured as 7 percent in 2021 and 6.5 percent in 2022. According to the report, individual investors turned to memecoins that promised higher returns due to the inflationary environment in question.

#CryptoDeNostradame #ParrotBambooCrypto

Ethereum Outperforms Bitcoin in 2024: ETH-USD Pair Shows Strong Uptrend.

When we examine the ETH-BTC chart, we see that Ethereum has had a complicated year compared to Bitcoin. The year started with positive momentum for Ethereum, with its value rising to around 0.06 BTC as of February. However, with a decline that lasted from March to mid-May, ETH dropped to approximately 0.048 BTC. There was a recovery in late May that brought ETH back to near 0.055 BTC, but there was a small decline again in June.

The recent upward correction signals ETH resistance, but the overall trend warrants caution. Traders must watch for a decisive move above the 0.06 BTC resistance to confirm a sustainable uptrend.

On the ETH-USD front, Ethereum followed a more promising path. ETH, which started the year at around $2,200, rose to around $4,100 by the end of March. Although there were corrections in April and May, its return to the $ 3,600 level in mid-June shows that #ETH maintains its strength against the USD.

The persistent upward movement and recovery from pullbacks suggest that ETH remains a strong competitor against the USD. Traders should watch out for consolidation above $3,500.
When we analyze Solana against #Bitcoin , we see that volatility is an important observation. #SOL , which started the year at approximately 0.0022 BTC, reached its peaks in March and early May, reaching up to 0.0027 BTC. However, it entered a downtrend in mid-June, pushing SOL back to around 0.0022 BTC.

The inability to sustain gains and repeated corrections reveal SOL's potential weaknesses relative to BTC. Investors should wait for $BTC to stabilize above 0.0025 before making long-term investment decisions.
#CryptoDeNostradame #ParrotBambooCrypto

Is selling pressure decreasing in Ethereum?
Approximately 30 thousand ETH was recently withdrawn from crypto exchanges.
Ethereum ($ETH ) exceeded $ 2,700 for the first time since September 27 and is showing strong signs of continuing its upward momentum. Although there is no positive data from spot ETFs yet, onchain data is bullish for Ethereum. In addition, analysts believe that Ether will move upward.
Netflow data, which shows the amount of coins entering and leaving exchanges, is positive for Ethereum. According to CryptoQuant, crypto investors have withdrawn 29,387 ETH from exchanges in a short time. High values ​​in Netflow usually indicate increasing selling pressure. However, it is predicted that it will not face significant selling pressure in the short term with the withdrawal of approximately $ 80 million worth of ETH from exchanges.
You may be interested: Rare signal in Bitcoin: “It rose by 10 thousand percent”
Another metric supporting the bullish outlook is the number of addresses holding $1 million or more in ETH. When this metric increases, it indicates that investors are accumulating more coins and are in a bullish trend.
According to Glassnode data, the number of addresses holding $1 million or more in ETH has increased. This metric shows that the Ethereum price can avoid selling pressure.
Crypto analyst and MN Consultancy founder Michaël van de Poppe also advocates a similar view. However, van de Poppe stated in his post that $ETH needs to hold above $2,770 in order to see $3,000. According to the analyst, $3,200 can be targeted first with the break of $2,770. The most critical area on the chart is the $3,900-$4,100 range. van de Poppe sees this area as the main resistance level.
$BTC
#CryptoDeNostradame #ParrotBambooCrypto

Bitcoin (BTC) whales break record: Are they a sign of a rally?
The number of Bitcoin ($BTC ) whales has reached its highest level since January 2021.
According to data shared by Glassnode and Bitwise European Research Director André Dragosch, the number of whales holding at least 1,000 BTC reached 1,678, reaching its highest level since January 2021. The whales' buying movement, along with strong demand for spot ETFs listed in the US in particular, indicates increased confidence in Bitcoin.
Whales are defined as crypto wallet addresses holding at least 1,000 BTC. Whales are closely monitored due to their potential to affect market liquidity and prices.
On the other hand, as the Bitcoin price approached $70,000, buying transactions among individual investors decreased. According to onchain data platform CryptoQuant, individual investors have accumulated just 1,000 BTC in the last 30 days. Analysts noted that this increase remains at a historically low level.
As of writing, Bitcoin is trading at $67,000, just 10 percent away from ATH ($73,800). Bitcoin briefly exceeded $69,000 on Monday, but it fell back, unable to maintain that level.
Some analysts believe that the uncertainty in the market will not last long and that Bitcoin will start to move upwards. According to options trading on crypto exchange Deribit, the $80,000 and $100,000 levels are critical thresholds to watch for the rest of the year.
Breaking through $100,000, a psychologically challenging level, will accelerate the rally in cryptocurrencies.

$BTC $ETH
#CryptoDeNostradame #ParrotBambooCrypto

🚨According to Coinglass data, $453 million worth of liquidations took place in futures transactions in the last 24 hours.

•85% of these ($386 million) are long positions.

#ParrotBambooCrypto #CryptoDeNostradame #BTC $BTC

📊 On June 18, spot Bitcoin ETFs experienced their 4th negative day, recording an outflow of $152.4 million.

The highest net outflow of $83.1 million was seen in the Fidelity Bitcoin ETF.

Grayscale Bitcoin ETF recorded an outflow of $62.3 million.

#ParrotBambooCrypto #CryptoDeNostradame #BTC #etf $BTC

"Ethereum (ETH) Expected to Fall Below $3,000"
A technical analysis on Ethereum suggests that the price of ETH may drop below $3,000 due to increasing selling pressure. Since November 12, Ethereum has lost nearly 10% of its value, which some analysts view as a potential correction.

AMBCrypto's analysis noted that despite short-term downward pressure, positive net inflows and a rise in active addresses indicate strong investor activity. The analysis predicts that Ethereum will fall below $3,000 before a possible rally.

Ethereum had seen an 18.56% rise last month, generating expectations for further gains. However, a surge in selling pressure on November 12 halted its positive momentum. Ethereum has struggled to maintain the $3,100 level recently.

Technical indicators and market sentiment suggest that ETH is in an accumulation phase, with the potential for a long-term uptrend once this phase ends. According to the Fibonacci analysis, the support level is around $3,028. If this support is broken, ETH could decline further to $2,900.

However, if ETH holds above the $3,000 support level, the price could gain momentum and target $3,971. Historical data shows that ETH has often experienced a dip before beginning a strong upward cycle.

#CryptoDeNostradame #ParrotBambooCrypto

#BBCeDeFi @BounceBit $BB

📊 On October 25, spot Bitcoin ETFs saw an inflow of $402 million, while spot Ethereum ETFs experienced a net outflow of $19.2 million.

#CryptoDeNostradame #ParrotBambooCrypto

🗣️Galaxy CEO Michael Novogratz: If a Bitcoin reserve is established, other countries will have to buy it. I think the likelihood of a Bitcoin reserve is low. If a reserve is established, Bitcoin would reach $500,000.

#CryptoDeNostradame #ParrotBambooCrypto

Experts Talk About Avalanche (AVAX): Things Could Turn Around.
Avalanche (AVAX) is currently trading at a critical support level around $24. Technical indicators suggest that the popular altcoin is in a bearish trend but are signaling a possible reversal. Analysts believe that if $AVAX breaks above $28, buying pressure will increase. According to crypto experts, despite its high volatility, if AVAX can break above $28, it could rise to $40 in the short term.
AVAX is still in a downtrend and its price action is trading below the 20-day simple moving average (SMA) at $26.81. AVAX is currently trading at $24.15 and is approaching the lower Bollinger band at $23.98, indicating bearish pressure. If the price breaks above the 20-day SMA, it could be a bullish signal.
The Relative Strength Index (RSI) is currently at 37.54, indicating a weak downtrend and is generally close to the oversold zone below 30. If the RSI breaks above 50, it could signal a positive trend. Currently, AVAX’s support and resistance levels are seen as the 20-day SMA at $26.81 and the upper Bollinger band at $29.63, respectively, which could limit the price’s upward movement.
An analyst known as Ak47 on the X (Twitter) platform suggested that AVAX’s consolidation around $24 could be preparing for the next upward move. $28 is a significant resistance level for the popular altcoin. A breakout above this level could trigger a rally towards $40.
The analyst noted that the $40 level has been tested before and sees this level as a profit-taking point. In the charts, the analyst emphasizes the formation of a downward triangle formation and the importance of an upward break.
If AVAX remains above the $24 level and shows an upward trend, $40 can be targeted with the upward break of this formation. However, if the price cannot break the $28 resistance, there is a possibility of a pullback below $24.

#CryptoDeNostradame #ParrotBambooCrypto

Striking comment for Bitcoin: “It will run to $300,000”
Crypto analyst Michaël van de Poppe shared a striking scenario for the Bitcoin (BTC) price. The scenario in question pointed to six-digit price levels.
The leading cryptocurrency has fallen by nearly 2 percent in the last 24 hours. BTC faced buying pressure after touching an important support level of $66,800. BTC, which tried to hold on to $67,000 with the rise from the support level, made crypto investors nervous. Analysts shared their views that a potential correction has begun.
Michaël van de Poppe, the founder of MN Consultancy, argued that BTC will decline under the name of correction. The analyst made the following statements;
“I think $64-65,000 is possible. If we get there, this is an ultimate dip buying opportunity.”
Poppe predicted that BTC would reach six-digit prices after successfully overcoming the correction.
The analyst has full faith in the Bitcoin bull
Crypto analyst Michaël van de Poppe stated that Bitcoin has not made a rise that will meet expectations, but continues its accumulation phase. According to the analyst, the accumulation of whales and the decreasing BTC supply on central exchanges are among the most important signals of the rise.
The analyst thinks that the US elections and the next Fed meeting will negatively affect the BTC price. Poppe, who said that these two factors will trigger profit sales, claimed that BTC will lose nearly 5 percent of its value. According to the analyst, declines will offer a buying opportunity.
Poppe, who predicted that the global economy will go through difficult days, claimed that $BTC will diverge positively and rise. The analyst made the following sentences;
“The elections and the Fed meeting will lead to the last correction before a new all-time high (ATH). Whale activity is increasing in Bitcoin and more accumulation is being made. “This is a great sign for $BTC , I think we will reach a peak between $300k and $500k.”

#CryptoDeNostradame #ParrotBambooCrypto

📣WSPN and Conflux (#CFX) announced a partnership to launch WUSD Stabelcoin on Conflux.

#Btc #ParrotBambooCrypto #CryptoDeNostradame $BTC

FTX user sues: Could be big!
Alexander Nikolas Gierczyk, a former FTX customer who sold $1.59 million worth of receivables to hedge fund Olympus Peak at a 42 percent discount, is suing the company, claiming the company reneged on an additional compensation deal.
In a filing in the U.S. District Court for the Southern District of New York on Thursday, the California resident claims Olympus Peak underpaid him and that he stands to make more than $1 million from the settlement after U.S. bankruptcy judge John Dorsey recently approved FTX’s reorganization plan.
The estate’s plan is expected to repay FTX customers between 129 percent and 146 percent of the value of their claims at the time of bankruptcy. If Olympus Peak had repaid the claim in 100 percent fiat money, it would have made about $670,000. But at a 129 percent payout ratio, the hedge fund could make about $1.1 million on the claim and $1.4 million at 146 percent.
Gierczyk said that despite selling at a discount, the deal with the Greenwich, Connecticut-based hedge fund included an “excess claims provision,” which would have given the claimants the right to additional compensation at the same rate for any excess distributions resulting from the bankruptcy.
Hedge funds typically buy claims on problematic assets at a discount, allowing them to quickly pay out the claims while potentially expecting a larger recovery through the bankruptcy process.
Gierczyk claims that he agreed to the sale because the provision only applies “if the claim is paid in excess of what is normal during the bankruptcy proceedings.” But the plaintiff’s lawyers claim that Olympus Peak “made it clear that they would not honor their end of the bargain.”

#ParrotBambooCrypto #CryptoDeNostradame

Robert Kiyosaki: “Fiat money makes you poor, Bitcoin makes you rich”
Robert Kiyosaki, author of the book Rich Dad Poor Dad, who stated that the US dollar is fake, said that he buys Bitcoin as a safe haven.
Arguing that the US will enter an economic crisis and the US dollar will weaken, Kiyosaki frequently recommends buying Bitcoin. Seeing the trio of Bitcoin, gold and silver as the best investment vehicle, Kiyosaki expects a “super rally” in a few years.
Kiyosaki explained why he loves Bitcoin in his last post on X. The famous author used the following statements;
“I love Bitcoin because when I save with fiat money, I get poor, but when I save with Bitcoin, I get rich.”
Famous finance expert and book author Robert Kiyosaki argued that Bitcoin undertakes the task of protecting wealth against uncertain economic conditions and is a better safe haven than the US dollar.
Kiyosaki expressed concern that the US national debt will increase by a trillion dollars every 90 days. The famous author argued that the US economy is a fragile structure and that an economic crisis may soon break out.
Stating that the purchasing power of the dollar is decreasing day by day, Kiyosaki announced that he trusts Bitcoin. The reason for this trust is that Bitcoin has a limited supply.
According to Kiyosaki, as the value of the Bitcoin blockchain and the number of participants increase, the price of BTC will continue to rise.
Kiyosaki has frequently stated that it is necessary to stay away from fiat currencies since the COVID-19 outbreak. The famous author had also given buying advice when the Bitcoin price was around $ 20,000. Kiyosaki, who reached a large audience, returned to the stage less than a week before the US elections. Addressing his followers via X, Kiyosaki made a buying recommendation despite the fact that the Bitcoin price was close to its all-time high.
$BTC $ETH $BNB
#CryptoDeNostradame #ParrotBambooCrypto

Bitcoin (BTC) critical hours: The calm before the storm.
Bitcoin volatility, which has reached its highest level in the last three months, is following a stable trend as investors await the outcome of the US elections.
Bitcoin volatility is known as a measure of expected price volatility, and according to Bitfinex analysts, this situation may be the “calm before the storm.” In a market report titled “The Calm Before the Storm” dated November 5, Bitfinex analysts stated that implied volatility for Bitcoin options is trading at the following low levels, indicating a lack of confidence in the market. According to CoinGlass data, Bitcoin’s open interest rate also fell significantly as futures positions were closed.
Despite the expectation of increased volatility ahead of the US elections on November 5, Bitfinex analysts stated that many investors are hesitant.
However, the report stated that a large increase in volatility is still expected immediately after the elections, which could either trigger major increases or signal a deep correction for Bitcoin in the event of such a situation.
This report is consistent with other market experts’ expectations that post-election volatility will increase. One trader predicted that Bitcoin could move “at least” 10% in either direction after the election results are announced.
Bitcoin’s market dominance has weighed on altcoins, exceeding 60% on Oct. 29. Analysts at Bitfinex noted that the market is focused solely on Bitcoin in the run-up to the election, indicating that interest in the altcoin market has waned.
“Altcoins experience major declines when $BTC pulls back,” the report said. Popular altcoins like Ethereum ($ETH ) and Solana ( $SOL ) are down about 12% from their recent peaks, while the Ethereum ETF has fallen 40% since its rally.
#CryptoDeNostradame #USElections2024Countdown #NovemberMarketAnalysis


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