If the current cycle follows the same pattern as those of 20 | Sikanibaima on Binance Square

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If the current cycle follows the same pattern as those of 2015 and 2018, we could see a new high for BTC around October 2024.

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September 25, 1396 The Crusaders Defeated by the Turks at Nicopolis On September 25, 1396, the Ottoman Sultan defeated a large army of knights at Nicopolis, on the Danube. These knights had come from all over the West to rescue King Sigismund of Hungary and the Byzantine Emperor Manuel Palaeologus. Their defeat buried the idea of a crusade forever.

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📈 *TAO leading the crypto market?* 👉 TAO has pumped 100% in two weeks, outperforming the crypto market, especially in the AI sector. 📊 The GMCI AI index (AI cryptos) has pumped 30%, while the GM 30 (top 30 cryptos) has only increased by 9.8%. 🔍 Bittensor announced the launch of smart contracts and advances in decentralized AI. 👀 TAO could well exceed 4 digits this cycle...do you agree?

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Russian president says digital currencies are "in demand". 📰 Chinese news outlet Bloomberg apologizes to CZ and Binance its article headline "Changpeng Zhao's Ponzi Scheme". 🇺🇸 Joe Biden drops out of presidential race. 🇺🇸 Seven US states join coalition to challenge SEC's authority to regulate cryptocurrencies. 🏦 Binance conducts 28th quarterly burn. 📈 Robert Kiyosaki believes bitcoin, gold and silver will start to rise when Donald Trump becomes president, expecting BTC to hit $105,000 by August 2025. ⚖️ Changpeng Zhao (CZ) has already served his sentence and is out of prison. ⛔️ Swan Bitcoin will stop mining and abandon its IPO plans. 🇵🇹 You can get Portuguese (and therefore European) citizenship for €500,000 worth of bitcoin under the Golden Visa program. 🇺🇸 US Senator Cynthia Lummis has drafted a bill proposing that bitcoin become a reserve asset for the Fed. 🇬🇧 The British regulator fined Coinbase $4,500,000, the main reason being that "the exchange attracts high-risk customers". 🤖 OpenAI to launch AI-powered search engine SearchGPT. 🪙 MtGox reserves fell from 141,686 BTC to 47,228 BTC (-66%) as part of payments to creditors, at the same time, the price of BTC rose from $55,000 to $67,000.

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Summary of the day from July 08 to 26 🇺🇸 The CEO of the analytics company Messari was very tough on the Securities and Exchange Commission (SEC). 🇳🇬 The Central Bank of Nigeria accuses Binance of illegal banking transactions. 📊 In June 2024, CEX traffic remained virtually unchanged, Binance remained the absolute leader. 🇺🇸 The US Department of Defense will start using blockchain technology. 🧬 Worldcoin plans to launch a World Chain layer 2 (L2) network. 💸 Fees on the Bitcoin network have fallen to their lowest level in 4 years. 🇩🇪 Bitcoin is not sold by Germany, but by Saxony, a federal state within the Federal Republic of Germany. 🤖 Microsoft and Apple likely to drop seats on OpenAI’s board due to antitrust scrutiny. 🇺🇸 The chairman of the Commodity Futures Trading Commission (CFTC) said that 70-80% of cryptocurrencies are not securities. 🇺🇸 Inflation in the United States has fallen to 3%, the previous figure was 3.3%. ⚖️ BitMEX pleaded guilty to violating the Bank Secrecy Act. 😵 Former FTX Digital Market CEO Ryan Salame, who was sentenced to 7.5 years, said that Alameda and FTX made a huge amount of money and that Sam stole it. ⚡SEC drops investigation into Paxos over BUSD stablecoin, saying it is not a security. 🇩🇪 Deutsche Bank to issue its own regulated stablecoin by June 2025. 🐸 Genesis Trading moved 12,000 BTC ($760 million) to Coinbase in the past month. 📊 Chainalysis analysts estimated that around $100 billion worth of “dirty” crypto has been sent to CEXs in 5 years. ⚖️ Tornado Cash developer Alexey Pertsev was denied bail. The developer was sentenced to 5 years and 4 months in prison. 🇨🇳 Mike Novogratz said China could lift restrictions on BTC as early as Q4 2024. 🇰🇷 South Korea wants to delay cryptocurrency taxation by 3 years over fears that investors will flee to other jurisdictions. 🇪🇺 Circle CEO says MiCA requires stablecoin issuers to keep 30-60% of their reserves in European banks. 🦄 Uniswap Chrome extension now available.

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🚨 Durov: Telegram may disclose user information to authorities upon legal request "We have clarified that IP addresses and phone numbers of users who violate our rules may be disclosed to the relevant authorities, if a valid legal request is submitted."

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