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Crypto De Nostradame
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🇹🇷Happy 19 May Commemoration of Atatürk, Youth and Sports Day.
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Why did Bitcoin (BTC) rise slow down? Three important metrics from the US; macroeconomic data, the possibility of a correction in the stock market, and concerns about the upcoming elections put Bitcoin (BTC) under pressure. The $BTC BTC price increased by 8.2 percent in the seven days until September 25. Rising from $ 59,000 to $ 64,800, $BTC created a bullish atmosphere in the crypto market. BTC's rise was interrupted by the resistance level of $ 64,500. Cointelegraph touched on three important metrics that constitute the resistance level in question. It was claimed that the weak outlook in US macroeconomic data reduced risk appetite among investors, and as a result of this situation, purchases in BTC slowed down. According to the news made by Cointelegraph, recession concerns have emerged in the US. Housing prices in the US fell for seven consecutive months, making the longest decline period since 2009. According to the latest data, the annual decrease of new home sales by 4.6 percent has created anxiety. Berkshire Hathaway, managed by Warren Buffet, known as the “wolf of the economy,” reduced its shares in Bank of America the other day. The company reportedly made a total of $9 billion in sales in less than three months. Buffet’s creation of $250 billion in cash reserves by selling stocks such as Apple and Bank of America has triggered recession concerns. In addition to recession concerns, crypto investors are also closely monitoring the US presidential elections. Alex Svanevik, CEO of blockchain analysis platform Nansen, claimed that Democrats will create a hostile environment in crypto. According to Svanevik, if Harris wins, the current administration’s crypto policies will continue. Bitcoin bulls are supporting Donald Trump in the hope of a Republican victory. While Trump, a Bitcoin supporter, has a high probability of winning against Biden, she is neck and neck with Harris. Some sources say that Harris has a higher chance of winning the elections. #KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions
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Things are heating up in Ethereum (ETH): Who will win the war? Ethereum (ETH), which is trading at a critical level, is facing a $2.8 billion options threat. $ETH is trying to stay above the $2,600 resistance level after a 15.1 percent increase between September 18 and September 23. Recent macroeconomic data showing a weakening economy has led to an increase in the stock market, increasing demand for short-term government bonds. With this development, investors are focused on the $2.78 billion monthly Ether options that will expire on September 27. This data, which is important for the altcoin market, seems to affect the short-term course. Options that affect the price flow of the relevant cryptocurrency have become important for Ethereum. The pioneer of altcoins, which has been crushed against Bitcoin for a while, has not been able to show the expected performance. However, various factors, especially options, can reverse this situation. There are four most likely scenarios based on Ether price trends. These estimates assume that put options represent bearish positions, while call options are consistent with bullish-neutral strategies. However, it is important to note that this is a simplification and does not account for more complex investment approaches. 👉Between $2,400 and $2,500: The outcome would favor put options by $225 million. 👉Between $2,500 and $2,600: The outcome would favor put options by $100 million. 👉Between $2,600 and $2,700: The balance shifts, with call options gaining an advantage of about $70 million. 👉Between $2,700 and $2,800: The scenario favors call options, with a net outcome of $220 million in favor of these options. #KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions
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Happy Monday everyone 🌞 Our Co-Founder Bianca had an amazing time at the Solar & Storage fair in Zurich! 🚀 Connecting with industry leaders was inspiring. We're proud to promote our partnership with VeChain and the upcoming listing on VeBetterDAO wherever we go. 🌍⚡️ #SolarWise #SUN #B3TR #VeBetterDao
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🗣️SEC Chairman Gary Gensler: Bitcoin is not a security. Now there is a way to invest in it thanks to ETFs.
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🧙♂️ Ethena plans to launch a new stablecoin backed by BlackRock's tokenized BUIDL fund. 🧙♂️Trust Wallet (#TWT ) announced that it will launch Launchpool.
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