📢 Senator Elizabeth Warren called for a 75 basis point inte | Crypto De Nostradame on Binance Square

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Bullish

📢 Senator Elizabeth Warren called for a 75 basis point interest rate cut by the Fed this week.
📢 Current Status of U.S. Stocks:
•Coinbase: -4%
•Microstrategy: -5.5%
•Apple: -3.46%
•Nvidia: -2.54%

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🇺🇸 U.S. Unemployment Benefits Claims were announced. • Announced: 219K • Expectation: 230K • Previous: 231K #KIP #KIPprotocol #ParrotBambooCrypto #CryptoDeNostradame

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📣 Binance will support the Manta ( #MANTA ) network upgrade and Hard Fork.

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Ethereum Co-Founder Vitalik Buterin Announces a New Era in the Mature Crypto Landscape at Token 2049. Vitalik Buterin drew attention to the rapid developments in the Ethereum ecosystem during his speech at the Token 2049 conference. He attributed the decline in transaction fees and the acceleration of developments to Ethereum’s Layer-2 (L2) solutions. Emphasizing that transaction fees used to be as high as $800 and have now been reduced to almost zero, Buterin stated that the existing L2 networks contributed to this success. This milestone is of great importance for Ethereum’s wider and more practical use in daily life. Buterin explained in detail how Layer-2 (L2) solutions are revolutionizing the Ethereum ecosystem. These secondary structures work on top of Ethereum’s primary blockchain, significantly increasing scalability and reducing transaction fees. He stated that these developments not only reduce costs but also increase transaction security. Emphasizing the transition from the high transaction fees of the past to the current era of low-cost and secure transactions, Buterin stated that L2 solutions are at a critical point in the evolution of the technology. Buterin also explained how the Merge update significantly shortens transaction confirmation times. This update, which plays a central role in Ethereum’s roadmap, symbolizes the transition from the energy-intensive Proof of Work (PoW) model to the more efficient Proof of Stake (PoS) consensus mechanism. This accelerated transaction confirmations made Ethereum more practical for everyday transactions and facilitated its adoption among different user groups. In his speech, Buterin drew parallels between the growth of the cryptocurrency sector and the historical evolution of the internet. He noted that well-established cryptocurrencies such as Bitcoin and Ethereum have been around for over a decade. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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Raoul Pal: Bitcoin Nearing a Major Breakout with Rising Liquidity Pal tells his one million followers on social media platform X that Bitcoin is rising amid rising global liquidity. The chart he shared compares global liquidity to Bitcoin, suggesting that the leading cryptocurrency could reach $90,000 by November. Raoul Pal: “Close, very close. GMI (Global Macro Investor) Total Global Liquidity and BTC.” Pal also draws attention to the historical relationship between Bitcoin and the global money supply (M2), indicating that the leading cryptocurrency is preparing for a major breakout. Raoul Pal, macro investment expert and Real Vision CEO, suggests that Bitcoin is on the verge of a major rally at $60,313 due to rising global liquidity. Real Vision macro expert Julien Bittel also says that macroeconomic conditions are starting to inject more liquidity into the market, which is positive for risky assets like Bitcoin. Julien Bittel: “Hang on, bulls. It felt like an eternity trapped in the ‘Boring Zone,’ but there’s finally a light at the end of the tunnel. Liquidity is increasing again and Bitcoin – being extremely sensitive to changes in liquidity conditions – has the potential to make impressive moves as fresh liquidity flows into the system. The macro landscape is changing. There’s a big liquidity wave on the horizon and when it does, Bitcoin looks set for a strong rally in Q4. Patience is the name of the game now.” Bitcoin is trading at $60,219 at the time of writing and is up over 3% in the last 24 hours. Experts’ positive expectations for increasing global liquidity suggest that Bitcoin could see significant movement in the coming period. However, given the volatile nature of cryptocurrency markets and the uncertainty of macroeconomic factors, it is important for investors to remain cautious and follow the market closely. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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Selling pressure is increasing in Avalanche (AVAX): A collapse may occur! Avalanche (AVAX), which has been exposed to selling pressure after failing to exceed $ 26, may experience a new collapse. AVAX, which could not overcome the $ 26 resistance with Bitcoin's decline, retreated to a critical level. The major coin, which also fell short in the rise processes, continues to upset its investors. Avalanche, which is currently in the decision-making phase, seems to be drawing its direction according to the price movements in BTC. AVAX, which changed hands at $ 23.07 as of the writing of the news, may be shaken by the continuation of the decline in BTC, the increase in $BTC dominance, or negative news from the Avalanche ecosystem. In such a scenario, a reaction can be expected first from the $ 21.84 and $ 20.50 levels. If these levels are insufficient, a decline of up to $ 17.27 - $ 15.97 and $ 14.81 may occur, respectively. Losing the recent low of $17.27 will be a sign of a new collapse. In order to expect a rise in the medium/long term, $17.27 must be protected. If it stays above $21.84, BTC rises above $60,000, or $BTC dominance declines, a recovery can be expected in AVAX. In such a scenario, increases to $24.80 - $27.31 - $30.05 - $31.70 - $33 and $35.08 can be followed, respectively. #KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto

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