FORMER PRESIDENT TRUMP USED BITCOIN TO PURCHASE BURGERS
Donald Trump made headlines recently when he bought burgers using Bitcoin at a popular New York City bar and restaurant that accepts cryptocurrency .
This move was seen as a nod to the crypto community, especially since Trump had previously called Bitcoin a "scam" and crypto "based on thin air" .
Trump's campaign stop at the bar, called PubKey, was a strategic move to court crypto enthusiasts and showcase his support for the industry .
He even handed out free burgers, dubbed "crypto burgers," to attendees .
This event came on the heels of Trump's announcement to launch a token through the World Liberty Financial crypto platform, managed by his family members .
*Trump's Crypto Stance: A Shift?
Trump's actions suggest a shift in his stance on crypto, as he's now advocating for Bitcoin miners and speaking at crypto conferences . He's also reportedly holding at least $1 million in crypto assets .
This change in tune may be an attempt to attract the growing number of crypto enthusiasts and win their support in the upcoming election .
*The Crypto Community's Response*
The crypto community has taken notice of Trump's newfound interest in crypto, with some embracing his support and others remaining skeptical . Anthony Pompliano, a prominent Bitcoin advocate, was present at the event and praised Trump's move . However, others have criticized Trump's token launch, calling it a "shitcoin" .
Blackrock Resumes Bitcoin Buying, Is A Breakout To $70K Next?
BlackRock, the world's largest asset manager, has resumed buying Bitcoin, sparking optimism in the cryptocurrency market. Its iShares Bitcoin Trust saw a record inflow of $99 million in just 24 hours, indicating growing institutional interest in Bitcoin ETFs
This development is significant, as it suggests that institutional investors remain bullish on Bitcoin's long-term potential.
The current market sentiment is favorable, with Bitcoin's price surging near $65,000 and historical trends pointing to an "Uptober" rally .
Increased market liquidity, fueled by Fed rate cuts, may also boost Bitcoin demand. Additionally, the latest ETF inflow and institutional demand hint at growing market interest in the flagship crypto .
*Key Factors Supporting a Potential Breakout to $70K:*
- _Institutional Investment_: BlackRock's resumed buying and increased institutional demand
- _Market Liquidity_: Fed rate cuts and anticipated cuts by global central banks
- _Historical Trends_: Bitcoin typically surges in October, known as the "Uptober" rally
- _Technical Analysis_: Potential parabolic phase sending Bitcoin to $70K
While there are valid reasons to be optimistic, it's essential to consider potential risks, such as Mt. Gox's significant BTC holdings transfer, which could introduce selling pressure .
However, analysts predict that Bitcoin's long-term outlook remains bullish, with some forecasting a surge to as high as $172,800 by the end of 2024 .
PAYPAL NOW ALLOWING US BUSINESS ACCOUNTS TO TRADE CRYPTOCURRENCY
PayPal is now allowing U.S. business accounts to trade cryptocurrencies, including Bitcoin and Ethereum, directly from their accounts .
This move is part of PayPal's broader strategy to integrate digital currencies into its platform, providing more flexibility and options for businesses engaging in cryptocurrency transactions .
Key Features: - Buying, Selling, and Holding Crypto: U.S. merchants can now buy, hold, and sell cryptocurrencies directly from their PayPal business accounts .
- External Transfers: Businesses can transfer cryptocurrencies to external wallets .
- Stablecoin Support: PayPal's stablecoin, PayPal USD (PYUSD), is also available for businesses to use .
Important Notes: - This service is not available for businesses in New York State at launch .
- Businesses must have a U.S.-based PayPal business account to access these features .
By expanding its cryptocurrency services to businesses, PayPal aims to meet the growing demand from business owners who want to leverage digital assets in their operations
THIS IS WHY YOU SHOULD NOT FOCUS ON SHORT TERM GAINS IN THE CRYPTO SPACE
Focusing on short-term gains in the crypto market can lead to:
Risks:
1. Volatility: Cryptocurrency prices fluctuate rapidly, causing significant losses. 2. Whales' manipulation: Large investors influence prices, trapping short-term focus investors. 3. FOMO (Fear of Missing Out): Impulsive decisions lead to poor investment choices. 4. Liquidity issues: Difficulty selling assets during market downturns. 5. Scams and Ponzi schemes: Short-term focus makes investors vulnerable.
Consequences:
1. Financial losses: Significant wealth reduction or even total loss. 2. Emotional distress: Stress, anxiety, and disappointment. 3. Missed opportunities: Long-term growth potential overlooked. 4. Lack of understanding: Superficial knowledge leads to poor decision-making. 5. Burnout: Constant stress and pressure to make quick profits.
Real-life examples:
1. TerraUSD (UST) collapse: Investors focusing on short-term gains lost millions. 2. FTX's downfall: Short-term focus and excessive leverage led to catastrophic consequences.
Lessons learned:
1. Educate yourself on cryptocurrency fundamentals. 2. Set realistic expectations and long-term goals. 3. Diversify your portfolio. 4. Avoid impulsive decisions based on emotions. 5. Stay informed but avoid FUD (Fear, Uncertainty, and Doubt).
SATOSHI NAKOMOTO TOLD ME THIS IN MY DREAM LAST NIGHT.
I drift off to sleep, lost in thoughts of cryptocurrency and its potential. Suddenly, I find myself in a serene, futuristic landscape. A figure approaches â it's Satoshi Nakamoto.
Satoshi: (smiling) Greetings. I've come to share wisdom on the bull run.
Me: (awestruck) Satoshi! I've always wondered about your vision.
Satoshi: (gesturing) The bull run is not just a market surge. It's a manifestation of decentralized finance's power. Adoption grows, institutional investors enter, and Bitcoin's value reflects its true potential.
Me: What triggers this bull run?
Satoshi: (leaning in) Global economic shifts, quantitive easing, and inflation fears drive investors to safe-haven assets like Bitcoin. Technological advancements, scalable solutions, and regulatory clarity further fuel adoption.
Me: What about market volatility?
Satoshi: (chuckling) Volatility is cryptocurrency's nature. But fear not, for it presents opportunities. Diversify, hold strong, and understand the underlying fundamentals.
Me: Any advice for investors?
Satoshi: (smiling) Educate yourself, stay vigilant, and don't chase FOMO. Bitcoin's decentralized essence ensures its resilience. Focus on long-term growth.
Me: And the future of cryptocurrency?
Satoshi: (gazing into the distance) The future holds mainstream adoption, innovative use cases, and a decentralized financial revolution. Bitcoin pioneers this movement.
Me: Thank you, Satoshi.
Satoshi: (vanishing) Remember, the true value lies not in the bull run but in the power of decentralized finance to reshape the world.
I awaken, inspired and enlightened, with a renewed understanding of cryptocurrency's potential.
SUCCESSFUL CRYPTO INVESTORS TRAITS YOU ALL SHOULD HAVEđđ
1.Patience 2.Research -oriented 3.Risk management 4.Diversification 5.Long term perspective
If you have this traits you will make massive income trading the Crypto market
Remember not everyone in Crypto will be successful, 90% of people who comes into Crypto will loose their money.
â The difference between success and failure in Crypto is access to the right information and we are giving you necessary information you need to know
To stay updated on the best altcoins to buy now, I recommend checking out reputable cryptocurrency platforms . They provide valuable insights and updates on the ever-evolving landscape of cryptocurrency.
Additionally, consider the following factors when selecting altcoins:
- *Innovative technology*: Look for altcoins with unique features and solutions. - *Strong community*: A supportive community can drive adoption and growth. - *Real-world use cases*: Altcoins with practical applications tend to have more potential.$SOL $TON $SAND
Would you like more information on these altcoins or cryptocurrency investing strategies? follow@Crypto beans
HAMSTER KOMBAT FUTURES IN TIGHT RANGE AHEAD OF HIGHLY ANTICIPATED AIRDROP
Hamster Kombat airdrop is coming up HMSTR token faces substantial risks Hamster Kombatâs pre-market futures traded within a narrow band as anticipation grew for its upcoming airdrop and exchange listings.
The Hamster Kombat (HMSTR) token was trading at $0.011 on Sunday, Sep. 22 as the countdown to the airdrop continues. It has dropped by over 96% from its highest point this year.
Hamster Kombat airdrop is coming up This price action is happening as the Hamster Kombatâs team prepares for the airdrop, which is expected to occur on Sep. 26. Analysts believe that this will be one of the biggest airdrops this year due to Hamster Kombatâs popularity.
Over the past few months, the tap-to-earn platform has attracted over 300 million global users. It boasts a popular YouTube channel, amassing over 37.6 million subscribers since it was launched in May.
Its videos have been watched over 1.1 billion times.
Hamster Kombatâs X and Telegram accounts also have millions of actively engaged users. That number is growing with users receiving HMSTR tokens when they follow and engage with its platform.#hamesterairdrop
To get free Yescoin tokens through airdrop, you should definitely take advantage of this great opportunity. You should pick the project because of these reasons:
- The Yescoin app is fun for everyone. No special skills are needed! Simply get the app and start earning by swiping.
- Invite your friends to have fun with you. Joining forces makes both of you more money! Everyone benefits.
- Yescoin is a new way to get digital benefits. Itâs simple, fun, and puts the fun back into earning.
Ready to earn free crypto? Join the Yescoin airdrop and claim your tokens.#Airdrops_free
While the Blum airdrop schedule is yet to be confirmed, the campaign is expected to distribute Blum tokens to eligible participants. Participants can earn $BLUM tokens by completing simple tasks through the Blum Telegram bot, engaging in discussions, and inviting friends to the platform.
The community is buzzing with excitement for the upcoming Blum airdrop launch date, likely set for October 2024. Given the fervor surrounding Blum Crypto, there are high expectations that this airdrop will significantly boost user engagement, but no official announcement on airdrop till now may impact its existence.#AirdropBinance
Tomarket Eligibility Criteria To be eligible for the airdrop, you must have:
Connected you BitGet Wallet At least $1 (USDT) in Your BitGet Wallet Added tomato emoji (đ ) in your telegram handle name. Tomarket Tokenomics Tomarket's token distribution plan shows where all those shiny $TOMATO tokens are going:
Airdrop (70%): This is crazy, man! 350 billion tokens will be given away to reward early players, active community members, and top contributors. This is the biggest chunk of the pie, so if youâre in early, you stand to gain a lot.
Community Incentives (10%): 50 billion tokens would be given to content creators, ecosystem contributors, and community engagement.
Liquidity (10%): Another 50 billion tokens will keep the wheels turning smoothly on exchanges, making sure trading stays fluid and stable. Development (5%): 25 billion tokens will be kept for ongoing development team, with some held back to keep the project on track with its long-term vision.
Team & Developers (5%): The final 25 billion tokens go to the brains behind Tomarket, supporting the projectâs growth and visibility.#AirdropBinance
Hamster Kombat has announced the implementation of an anti-cheat mechanism in response to malicious behavior observed on its platform. As the HMSTER token airdrop scheduled for September 26, 2024, approaches, the team clarified that it has introduced a penalty system aimed at penalizing users who bypass the gameâs rules. âItâs a reminder of the importance of doing things right,â the team stated in a statement posted on social media. In this announcement, they emphasize their commitment to protecting rule-abiding players. This decision comes after several users were suspected of employing bots or other automated tools to accumulate points without actually interacting with the game.
đ $TOM Presale Start: September 16 đ $TOM Presale End: September 18 đ $TOM Launch: September 23 đ TOM Clicker End of Season 1 + Snapshot: September 26 đ„ TOM Clicker Start of Season 2: September 28 đ Airdrop Winners Announcement: September 29 đ Airdrop Start: September 30
Meet HELENA, a tech-savvy individual who discovered Web3 in 2020. She learned about blockchain, smart contracts, and decentralized applications (dApps).
Helena invested $1,000 in Ethereum (ETH) and started exploring Web3 platforms. She:
1. Participated in Initial Coin Offerings (ICOs) and Initial NFT Offerings (INO).
2. Joined decentralized finance (DeFi) protocols, lending and borrowing assets.
3. Created and sold digital art as Non-Fungible Tokens (NFTs).
Helenas investments and entrepreneurial spirit yielded remarkable returns:
1. Her ETH investment grew 500% in value.
2. DeFi lending generated passive income.
3. NFT sales brought in surprising windfalls.
Within two years, Helena's initial $1,000 investment blossomed into a $1 million fortune. She became a Web3 advocate, helping others navigate the ecosystem.
Helena's success story demonstrates Web3's potential for:
1. Financial empowerment
2. Innovation and entrepreneurship
3. Community building
Remember, Web3 investments carry risks, and success stories like Helena's are exceptions rather than norms. Always educate yourself and exercise caution.
Would you like more information on Web3 or cryptocurrency investing? Follow@Crypto beans
STORY OF A YOUNG INVESTOR WHO LOST A SIGNIFICANT AMOUNT OF BTC
Meet Alex, a young and ambitious investor who had been fascinated by Bitcoin (BTC) and its potential for growth. He spent countless hours researching and learning about the cryptocurrency market.
One day, Alex received an email promising unusually high returns on a BTC investment scheme. The sender claimed to be a reputable trader with a proven track record. Alex was skeptical at first but eventually convinced himself that this was a genuine opportunity.
He transferred a significant amount of BTC to the scammer's wallet, hoping to reap the promised returns. However, the scammer vanished with Alex's funds, leaving him with a devastating loss.
Alex learned a valuable lesson about the importance of:
1. Verifying information through trusted sources
2. Being cautious of unsolicited investment offers
3. Never rushing into investment decisions
Remember, cryptocurrency investments carry risks, and it's essential to prioritize security and caution to avoid falling victim to scams.