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đą DRW Holdings announced that it holds $150 million worth of spot
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Arbitrum (ARB) bull run finally begins: The target is too high! Arbitrum (ARB), which is closely followed by the Turkish crypto ecosystem, has finally given a bullish signal. Arbitrum, one of the leading names in Layer-2 projects, had not been able to rise for a long time. The popular altcoin, which has been struggling with selling pressure due to BTC's failure to stay above $ 60,000, Layer-2s remaining in the background and its tokenomics, has finally blinked at the rise. ARB, which has been in a downtrend since April 1, has recently broken and started preparing for the bull run. Arbitrum, which has been pricing in a downtrend since April, has now broken its chains. The Layer-2 altcoin, which jumped on the downtrend on September 9, has not yet made the expected explosion. However, the technical view supports the rise of Arbitrum. Downtrend breaks usually indicate an uptrend. The popular altcoin, which left $ 0.50 behind on September 9, is currently showing a sideways price movement. Bitcoin staying below $ 60,000, increasing $BTC dominance or the lack of interest in Layer-2s may push ARB to decline. The fact that the parity is currently at low levels may make it difficult to determine the support level. $ARB investors can follow the exact numbers as support in this process. For example, since the $ 0.40 and $ 0.30 levels can serve as psychological support, a reaction can be expected from these levels. The loss of the recent low of $ 0.46 will be a harbinger of greater declines. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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Experts warn: Fed interest rate decision may have an earthquake effect on Bitcoin! Bitcoin, the largest cryptocurrency by market value, is facing downward pressure ahead of the US Federal Reserve (Fed) interest rate decision to be announced tomorrow after losing its $ 60,000 support. The volatility that the interest rate decision to be announced at 21:30 GMT on September 18 after the Federal Open Market Committee (FOMC) meeting will create in the BTC price may be greater than expected. Bitfinex analysts stated that the market reaction may change depending on whether the interest rate cut will be 25 or 50 basis points, emphasizing that this situation may increase risk appetite or create a cautious environment in the cryptocurrency market. Experts believe that it is more likely that the Fed will start the first reductions with 25 basis points, as it did during the pandemic, contrary to the general market expectation of 50 basis points. According to CME FedWatch, which measures expectations through option markets, the probability of a 25 basis point rate cut is 33 percent, and the probability of a 50 basis point rate cut is 67 percent. If the US Federal Reserve makes a 25 basis point cut in line with analyst views, investors may act more cautiously. This possibility could pull Bitcoin and altcoin prices back with a potential decrease in risk appetite. Bitfinex experts describe the Bitcoin price falling to $52,750 on September 6 as a bottom point. Following this decline, an inflow of more than $400 million from spot BTC exchange-traded funds (ETFs) pushed the price up 15 percent to $59,000. According to the report, the $BTC price may fall to $50,000 in the short term before the Fed's interest rate decision. In the medium term, expectations are more positive. Considering that the last quarters of the year have been good for cryptocurrencies, Bitfinex experts believe that Bitcoin could see $92,000 by the end of 2024. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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Donald Trump's crypto project surprises: WLFI token is coming! Republican presidential candidate Donald Trump introduced his highly anticipated project World Liberty Financial on Monday night. "We are embracing the future with crypto and leaving the slow and outdated big banks behind," Trump said in a recent promotional video. Trump said on Spaces at X by social media phenomenon Farokh that NFT projects are starting to open his eyes to the crypto world. The live broadcast lasted more than two hours. The US presidential candidate, who often voices his support for the crypto industry, attracted attention with the project's token WLFI. Dough Finance co-founders Zachary Folkman and Chase Herro took the floor with Eric Trump to discuss the reasons for establishing World Liberty Financial in more detail. "Take DeFi well and offer it to the people," Folkman said. He then confirmed that World Liberty Financial will sell a governance token called WLFI. Folkman said the distribution of the WLFI token will be as follows: 63 percent will be sold to the public, 17 percent will be used for user rewards, and 20 percent will be used for the team. The project was first announced on August 7 by Donald Trump Jr. and Eric Trump, and it was said that crypto/DeFi related announcements would be made soon. At the time, the Trump family said, âDecentralized finance is the future, donât be left behind.â The future of the project and the impact the Trump family will have on the industry are eagerly awaited. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
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đš MicroStrategy announced a $700 million convertible senior note sale to buy more Bitcoin. âą The company will use the proceeds from these notes both to pay off existing debts and to make additional Bitcoin purchases.
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Elon Musk deleted his tweet that would have gotten him banned from X if anyone else had written it! Elon Musk is back on the agenda with a post he shared on the X platform⊠After the FBIâs Mar-a-Lago found a replica of a person carrying an AK-47 with the aim of assassinating US Presidential Candidate Donald Trump, Musk made a comment about Biden and Harris. After the suspect was caught during the start of the Trump assassination, Musk made a post on his official X (Twitter) account, making a joke saying, âNobody even tried to assassinate Biden/Kamala,â and angered his conversations. This tweet spread quickly, garnered a huge backlash, and was deleted shortly after. After the suspect was caught preparing to assassinate Trump, Musk made a joke on his official X (Twitter) account, saying, âNo one is even trying to assassinate Biden/Kamala,â angering his followers. This tweet quickly spread, garnering a huge backlash, and was deleted shortly after. Security experts point out that Muskâs statements could have serious consequences. Former US Naval Academy professor Tom Nichols emphasized the seriousness of the situation by saying, âIf I said something like that, I would lose my security clearance immediately. But this guy is still cooperating with the state!â Musk responded to the backlash by saying, âIâve learned that what I say in a group is not as funny when shared on X,â adding that the joke was taken out of context and taken elsewhere. Muskâs latest move has once again brought to the agenda the responsibilities that come with owning social media platforms and the limits of freedom of expression. Donât forget to share your views on the matter. #CryptoDeNostradame #GreenCart
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