Guys! How do I think? I think primitively. Why? I'll explain in a few words. Everyone writes - the end of November, the beginning of December will be a correction. Logically, fixation begins, withdrawal of money, Black Friday and so on. But while people withdraw money - their coins will be bought up and there will be explosive growth. There is not much time left to wait. Let's see This is not financial advice.
Sometimes people think - why does the coin grow? He looks at it - the coin grows, looks again - it grows again. I decided to buy. As soon as I bought it - it fell and I can't sell it for 3 years - because there are no fools and the coin remains forever, but as soon as I sold it cheaper than I bought it - it grows again - this is how the crypto market works😏
An unexpected diplomatic scandal unfolded on the eve of the G20 summit in Rio de Janeiro, caused by the remarks of the first lady of Brazil, Rosangela "Yangha" da Silva, addressed to the technology billionaire Elon Mack. The incident happened during the "G20 Social", a forum for activists and NGOs, where Janzha spoke about the global issue of social media regulation. During her speech, Young was interrupted by the sounds of a ship's horn, and she joked, "I think it's Elon Mack." Then she added: “I'm not afraid of you. Fuck you, Elon Mack,” to applause from the audience. Her comments appeared to reflect growing tensions after Mack criticized Brazilian politics, including a temporary ban on his platform X (formerly Twitter) in Brazil earlier this year, which he called censorship. Mack responded to X by suggesting political implications for her husband, President Luiz Inacio Lula da Silva, with the cryptic post: "They will lose the next election." The exchange quickly gained traction online, with former Brazilian President Jair Bolsonaro warning that Yanzhi's comments could complicate diplomatic relations between Brazil and the United States.
Binance CEO Richard Tan announced the beginning of the 'golden age' of cryptocurrencies
CEO of the cryptocurrency exchange Binance Richard Tan is confident that with Donald Trump's victory in the US presidential elections, a 'golden age' has begun for digital assets. Tan made the statement in a comment to the Financial Times (FT).
Guys! How to achieve success - listen to a woman and … do the opposite. What’s our logic? If Powell says he played along with Biden and cut the interest rate by 50 points before the elections, then he should also cut it in December by at least 25. He shouldn't do himself harm🙈The inauguration of Trump is coming soon ✌🏼 This will allow pumping the market, which means Bitcoin should rise, especially since gold and the S&P 500 seem to be rising faster. Bitcoin will go up, and the other coins will be pulled up😏this is not financial advice, draw your own conclusions❤️
Long-term analysis. Historically, the price of LTC on the last day of November was above the opening price seven times out of 12, and 5 out of 12 the price was below the price at the beginning of the month. The best month was October over the last twelve years, ten times at the end of October the price of LTC was higher than the price at the beginning of the month. The worst month is August, nine times out of 12 the price at the end of August was lower than the starting price.
Litecoin forecast, the price of LTC may reach $119.29 in the next 10 days, while the long-term forecast for 2025 will be $2,518, and the forecast for 2030 is $1,202. Going further, considering all previous forecasts of maximums and lower time frames, the forecast for 2040 is $3,992.
Litecoin Analysis🤩The latest price for one Litecoin/LTC coin is $90.22. The price has increased by 1.90% in the last 24 hours. The highest price ever recorded in our database for one LTC is $388.80, now the price is down -76.79% from that high.
Out of 17 technical indicators, 12 are calling for a buy and 3 are calling for a sell. The short-term sentiment is bullish based on technical analysis.The first major resistance to the uptrend for LTC is at $146.41, it needs to close above this level to continue moving higher, and the lower support is at $88.55. So if the price falls below $88.55, we can see the rate go even lower. On the other hand, if it can close above $97.73, it can rise to the next resistance level at $105.65.❤️
Trump stopped by Madison Square Garden for Saturday night's UFC fight with Elon Musk, Kid Rock, RFK Jr., Tulsi Gabbard, Speaker of the House Mike Johnson and the president of the fight organization Dana White, and was also spotted with the Saudi big man . Trump spoke with the head of Saudi Arabia's Public Investment Fund (PIF), Yasir Al-Rumayan. The PIF is a sovereign wealth fund of Saudi Arabia controlled by Crown Prince Mohammed bin Salman and managed by Al-Rumayan. The PIF is estimated to have about $925 billion in assets, according to Reuters. At the same time, for comparison, all crypto-assets in the world today are 3.1 trillion dollars.
The bill also introduces several terms, including “airdrop,” “bitcoin purchase program,” “cold storage,” and “fork.” Almost all of them correspond to established wording. However, in places where it is necessary to use the more comprehensive word “cryptocurrency,” simply “bitcoin” is used.
For example, an airdrop means “the gratuitous distribution of digital assets to Bitcoin holders in a large, fair, and non-discretionary manner.”
Earlier, Galaxy Digital CEO Mike Novogratz predicted the digital gold rate at $500,000 if a strategic reserve is created in the United States. However, he fears that its creation will be hindered by the struggle between the branches of government.
Recall that MicroStrategy founder Michael Saylor called the Bitcoin reserve “the best deal of the 21st century.”
The digital assets will be held for at least 20 years, but the document provides for exceptions. The so-called "secretary" will be responsible for the safety and monitoring of the cryptocurrency. He is also required to create a system of evidence of reserves.
"The secretary shall ensure that the [reserve] facilities are geographically distributed throughout the United States to minimize the risk of simultaneous compromise and to enhance resilience," the bill says. In addition, after the minimum holding period, the secretary must not recommend the sale of more than 10% of the assets from the reserve during a two-year period.
US Senator Cynthia Lummis has introduced the "Bitcoin Act of 2024" to a vote in Congress, which would create a strategic reserve for the country's first cryptocurrency.
"[It is proposed] to establish a Bitcoin strategic reserve and other programs to ensure the transparent management of the federal government's bitcoin assets, offset costs through the use of certain Federal Reserve System (FRS) resources, and for other purposes," the document says. According to the initiative, the purpose of creating the reserve is "to generate, store, and manage private keys associated with government bitcoin assets."
The bill would purchase 1 million BTC (no more than 200,000 BTC per year for five years). The Fed's gold reserves would be used for these purposes.
If the U.S. does create a Bitcoin strategic reserve, Novogratz predicted the price of the world's largest digital token would soar to $500,000.
"If we get a Bitcoin reserve, as someone who owns a lot of Bitcoin, I'm not going to cry," Novogratz said. Trump's presidential victory has sent Bitcoin up more than 30% and pushed the overall value of the digital asset market above its pandemic-era peak.
A former partner at Goldman Sachs and Fortress Investment Group, Novogratz's net worth has risen to about $5.4 billion this week, up $3.8 billion from its late 2022 high.
The CEO of ARK Invest said that even under a conservative scenario, Bitcoin could reach $650,000 by 2030. However, the first cryptocurrency is capable of more, the CEO said. Cathie Wood explained in an interview with CNBC: Bitcoin's position as an important asset class for diversifying an investment portfolio has strengthened in recent weeks, largely due to the victory of the Republicans led by Donald Trump in the US elections. Under a positive, bullish scenario, the first cryptocurrency could exceed the $1.5 million mark by the end of 2030, and the vast majority of large investment funds will hold the asset on their balance sheets, which will further increase the value of BTC, Cathie Wood believes.
According to her, in 2025, the regulatory policy towards the crypto industry in the United States will be as favorable as possible, which will allow companies not to be afraid of persecution and senseless lawsuits. Earlier, Cathie Wood said in an interview on Squawk Box that the rise in the value of Bitcoin this year is partly due to people trying to protect themselves from the accelerating devaluation of national currencies.