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Trump's potential victory: Bitcoin heads toward $100,000 target
With the US presidential election, the cryptocurrency market experienced one of the most active days in its history. Bitcoin, $75,000$BTC
While reaching a historic peak by exceeding its level, one of the most important factors behind this rise was Donald Trump's 88% chance of victory and his promises regarding cryptocurrency-friendly policies. With Trump leading in the election, there was also a significant increase in meme coins. Especially Dogecoin (DOGE), 28%$DOGE
While reaching a historic peak by exceeding its level, one of the most important factors behind this rise was Donald Trump's 88% chance of victory and his promises regarding cryptocurrency-friendly policies. With Trump leading in the election, there was also a significant increase in meme coins. Especially Dogecoin (DOGE), 28%$DOGE
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🚀🚀Bitcoin Exchange Binance Announces a New Listing! Here Are the Listed Altcoins 🚀🚀
Binance announced that it has listed Cow Protocol (COW) and Cetus Protocol (CETUS) tokens and that trading pairs for these tokens will be active on November 6, 2024 at 15:00.
Binance Will List COW and CETUS Tokens with "Seed Tag"
Binance will open COW/USDT and CETUS/USDT trading pairs and users will be able to start depositing these tokens into their accounts two hours before the launch. Withdrawals of the tokens will be initiated on November 7, 2024 at 15:00.
A "Seed Tag" will be applied to both tokens, this tag indicates that the tokens carry higher volatility and risk. Binance encourages its users to conduct extensive research and implement strong risk management before trading these tokens.
Key Information:
Trading Pairs: COW/USDT, CETUS/USDTDeposit Start: November 6, 2024, 13:00Withdrawal Start: November 7, 2024, 15:00Add Fee: 0 BNB
Token Details:
Cow Protocol (COW): A permissionless trading protocol on Ethereum.Contract Address: EthereumCetus Protocol (CETUS): A MOVE-based liquidity protocol on Sui.Contract Address: Sui
Important Reminders:
Users who wish to trade tokens with a “Seed Tag” such as COW and CETUS must pass periodic exams on the Binance platform. The “Seed Tag” highlights innovative projects, while warning that these tokens may experience significant price fluctuations. Warnings informing users will also be displayed on the relevant trading pages.
My dear friends, please do not withhold your free support. I am trying to bring you such news instantly. My only request from you is that if there is anyone who has not followed me yet, I would be happy if they did. Please do not forget to like my articles and posts. Thank you.
Binance announced that it has listed Cow Protocol (COW) and Cetus Protocol (CETUS) tokens and that trading pairs for these tokens will be active on November 6, 2024 at 15:00.
Binance Will List COW and CETUS Tokens with "Seed Tag"
Binance will open COW/USDT and CETUS/USDT trading pairs and users will be able to start depositing these tokens into their accounts two hours before the launch. Withdrawals of the tokens will be initiated on November 7, 2024 at 15:00.
A "Seed Tag" will be applied to both tokens, this tag indicates that the tokens carry higher volatility and risk. Binance encourages its users to conduct extensive research and implement strong risk management before trading these tokens.
Key Information:
Trading Pairs: COW/USDT, CETUS/USDTDeposit Start: November 6, 2024, 13:00Withdrawal Start: November 7, 2024, 15:00Add Fee: 0 BNB
Token Details:
Cow Protocol (COW): A permissionless trading protocol on Ethereum.Contract Address: EthereumCetus Protocol (CETUS): A MOVE-based liquidity protocol on Sui.Contract Address: Sui
Important Reminders:
Users who wish to trade tokens with a “Seed Tag” such as COW and CETUS must pass periodic exams on the Binance platform. The “Seed Tag” highlights innovative projects, while warning that these tokens may experience significant price fluctuations. Warnings informing users will also be displayed on the relevant trading pages.
My dear friends, please do not withhold your free support. I am trying to bring you such news instantly. My only request from you is that if there is anyone who has not followed me yet, I would be happy if they did. Please do not forget to like my articles and posts. Thank you.
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Bitcoin Breaks Record: Will the Rise Continue? Here Are the New Critical Levels..
The impact of the US presidential election had a major impact on the crypto market. With this development, Bitcoin reached a new peak, rising to $75,100. With former President Donald Trump leading the election, investors’ interest in cryptocurrencies increased again. In addition, this situation reversed the downward trend that Bitcoin has shown in the last few weeks and provided a significant price increase. Market experts state that Trump’s support for cryptocurrencies and the US’s statements aimed at strategically supporting Bitcoin have strengthened investor confidence.
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Bitcoin hits all-time high
$BTC
Donald Trump’s lead in the US presidential election has pushed the price of Bitcoin (BTC) to an all-time high of $75,118.
Republican presidential candidate Donald Trump is leading the election race, leaving Democratic candidate Kamala Harris behind. According to data provided by the BBC, Trump currently has 246 delegates, while Harris has 187. The candidate who wins 270 delegates will win the election. Trump promises to accept Bitcoin as the US strategic reserve currency if he wins the election. This promise has led to a significant upward movement in the crypto market, with Bitcoin breaking a new record and rising to $75,118.
Donald Trump’s lead in the US presidential election has pushed the price of Bitcoin (BTC) to an all-time high of $75,118.
Republican presidential candidate Donald Trump is leading the election race, leaving Democratic candidate Kamala Harris behind. According to data provided by the BBC, Trump currently has 246 delegates, while Harris has 187. The candidate who wins 270 delegates will win the election. Trump promises to accept Bitcoin as the US strategic reserve currency if he wins the election. This promise has led to a significant upward movement in the crypto market, with Bitcoin breaking a new record and rising to $75,118.
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Bitcoin’s Rise to $75,000: Potential Impacts of Spot Demand and Liquidation Events
$BTC
Bitcoin recently reached a major milestone by reaching an all-time high of $75,000. This rally led to massive liquidations of short positions and also indicated strong spot demand.
According to the latest market data, around $180 million worth of short positions were liquidated due to traders who did not take into account the rise in Bitcoin’s price. “The spot market is rising rapidly and short positions are incurring huge losses,” said Pav Hundal, chief analyst at Swftyx, emphasizing Bitcoin’s growing confidence in sustainable demand.
Bitcoin recently reached a major milestone by reaching an all-time high of $75,000. This rally led to massive liquidations of short positions and also indicated strong spot demand.
According to the latest market data, around $180 million worth of short positions were liquidated due to traders who did not take into account the rise in Bitcoin’s price. “The spot market is rising rapidly and short positions are incurring huge losses,” said Pav Hundal, chief analyst at Swftyx, emphasizing Bitcoin’s growing confidence in sustainable demand.
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Binance to List Two New Altcoins
Binance, one of the world's largest cryptocurrency exchanges, announced that it will list two new altcoins on its platform on November 6, 2024. The altcoins to be listed will be Cow Protocol (COW) and Cetus Protocol (CETUS). Investors will be able to trade in COW/USDT and CETUS/USDT pairs. Trading will begin at 15:00 Turkey time and users will be able to withdraw as of November 7, 2024.
Binance announced that it will apply the “Seed” label to these altcoins. This label indicates that the projects are innovative but carry high volatility and risk. It was emphasized that investors should be careful when trading these altcoins and consider risk management. Binance also stated that users who want to trade with the “Seed” label must undergo tests at certain periods and accept the Terms of Use.
Binance announced that it will apply the “Seed” label to these altcoins. This label indicates that the projects are innovative but carry high volatility and risk. It was emphasized that investors should be careful when trading these altcoins and consider risk management. Binance also stated that users who want to trade with the “Seed” label must undergo tests at certain periods and accept the Terms of Use.
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End of an Era for Terra (LUNA): Developers Make Final Statement!
$LUNA
According to a recent update, Terra (LUNA) developers have announced that the Shuttle Bridge functionality in the Terra ecosystem has been permanently shut down.
The developer team made the following statement on the subject: “Dear Terra Community, as we previously announced, the Shuttle Bridge interface has now been permanently closed. As part of this process, all tokens in Shuttle Bridge wallets have been burned to complete the closure process.”
This marks the end of Shuttle, the cross-chain bridge that allowed Terra users to transfer LUNC and USTC tokens between the Terra Classic network and other blockchains such as Ethereum, BNB Chain (BSC), and Harmony.
According to a recent update, Terra (LUNA) developers have announced that the Shuttle Bridge functionality in the Terra ecosystem has been permanently shut down.
The developer team made the following statement on the subject: “Dear Terra Community, as we previously announced, the Shuttle Bridge interface has now been permanently closed. As part of this process, all tokens in Shuttle Bridge wallets have been burned to complete the closure process.”
This marks the end of Shuttle, the cross-chain bridge that allowed Terra users to transfer LUNC and USTC tokens between the Terra Classic network and other blockchains such as Ethereum, BNB Chain (BSC), and Harmony.
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Election Doping: Cryptocurrencies on the Rise! Latest Situation in the Markets
The US presidential election was expected to cause volatility in the markets, and this prediction came true. The election process had a significant impact on the cryptocurrency market, and both Bitcoin and leading altcoins saw upward waves. The increasing probability of Republican candidate Donald Trump winning in particular created a positive atmosphere in the crypto community. With this development, the Bitcoin price rose to $74,000. Dogecoin and other altcoins also made significant gains due to the election effect. Here are the details:
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BREAKING NEWS | Bitcoin Renews Peak, New ATH Arrives! Why Is BTC Rising?
The expected development in the cryptocurrency world has occurred and Bitcoin has reached a new peak, leaving its all-time high (ATH) behind. This record, which came after a long break, created great excitement among investors.$BTC
Thanks to the positive market sentiment that has been going on for weeks, Bitcoin made history by breaking its previous record. This rise has raised debate among investors and traders about whether a new bull season has begun.
Thanks to the positive market sentiment that has been going on for weeks, Bitcoin made history by breaking its previous record. This rise has raised debate among investors and traders about whether a new bull season has begun.
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👀👀How Are Bitcoin and Altcoins Doing: Market Overview (November 7) 👀👀
Bitcoin is trading at $74,590 at the time of writing, down 0.1%, and is being bought and sold at 2,553,195 TL against the Turkish lira.
Ethereum (ETH) is up 9.2% to $2,830, BNB (BNB) is up 3% to $597, and Ripple (XRP) is up 4.6% to $0.557. Dogecoin (DOGE) is down 7% to $0.192, TRON (TRX) is down 0.3% to $0.161, and Solana (SOL) is up 1.6% to $188.
In the last 24-hour period, Ethena (ENA) became the altcoin that gained the most value with a 24% increase, while Dogecoin (DOGE) became the altcoin that lost the most value with a 7% decrease. Ethena is currently trading at $0.5, while Dogecoin is finding buyers at $0.192.
The dollar index (DXY) is trading at 104.92, while Bitcoin's market value is around $1.475 trillion. The total value of the cryptocurrency market has reached $2.63 trillion.
The 24-hour trading volume of the cryptocurrency market is around $207 billion, while the Dollar/TL increased by 0.09% to 34.2, and the Euro/TL increased by 0.45% to 36.86.
A total of $418 million was liquidated in the cryptocurrency market in the last 24 hours, and more than 120,000 investors were affected by this situation. 59.05% of the liquidated positions were short positions and the most liquidated asset was Bitcoin (BTC).
My dear friends, please do not withhold your free support. I try to bring you such news instantly. My only request from you is that if there is anyone who has not followed me yet, I would be happy if they did. Please do not forget to like my articles and posts. Thank you.
Bitcoin is trading at $74,590 at the time of writing, down 0.1%, and is being bought and sold at 2,553,195 TL against the Turkish lira.
Ethereum (ETH) is up 9.2% to $2,830, BNB (BNB) is up 3% to $597, and Ripple (XRP) is up 4.6% to $0.557. Dogecoin (DOGE) is down 7% to $0.192, TRON (TRX) is down 0.3% to $0.161, and Solana (SOL) is up 1.6% to $188.
In the last 24-hour period, Ethena (ENA) became the altcoin that gained the most value with a 24% increase, while Dogecoin (DOGE) became the altcoin that lost the most value with a 7% decrease. Ethena is currently trading at $0.5, while Dogecoin is finding buyers at $0.192.
The dollar index (DXY) is trading at 104.92, while Bitcoin's market value is around $1.475 trillion. The total value of the cryptocurrency market has reached $2.63 trillion.
The 24-hour trading volume of the cryptocurrency market is around $207 billion, while the Dollar/TL increased by 0.09% to 34.2, and the Euro/TL increased by 0.45% to 36.86.
A total of $418 million was liquidated in the cryptocurrency market in the last 24 hours, and more than 120,000 investors were affected by this situation. 59.05% of the liquidated positions were short positions and the most liquidated asset was Bitcoin (BTC).
My dear friends, please do not withhold your free support. I try to bring you such news instantly. My only request from you is that if there is anyone who has not followed me yet, I would be happy if they did. Please do not forget to like my articles and posts. Thank you.
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Ethereum’s Correlation with S&P 500 Makes It More Likely to Reach $10,000 Target
$ETH
The current correlation between Ethereum and the S&P 500 indicates the potential for ETH to rally to $10,000, and analysts are bullish on this. As market conditions change, the pressure on short positions could lead to a significant increase in the price of Ethereum.
According to a report published by COINOTAG, “Ethereum’s price movements can repeat past patterns, making it an attractive asset for long-term investment.”
Ethereum’s Tie with S&P 500 and $10,000 Upside Potential
The current correlation between Ethereum and the S&P 500 indicates the potential for ETH to rally to $10,000, and analysts are bullish on this. As market conditions change, the pressure on short positions could lead to a significant increase in the price of Ethereum.
According to a report published by COINOTAG, “Ethereum’s price movements can repeat past patterns, making it an attractive asset for long-term investment.”
Ethereum’s Tie with S&P 500 and $10,000 Upside Potential
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This Indicator Explains the Current Situation in Cryptocurrencies
Bitcoin demand in the US remained low throughout Election Day, with the Coinbase Bitcoin premium remaining in negative territory for the past 32 days. However, BTC fundamentals are still moving in a positive direction.
According to blockchain analytics firm CryptoQuant, U.S.-based investors have been relatively passive during the election day, when the new president will be elected. According to CryptoQuant data, the Coinbase Bitcoin premium is a percentage of the Bitcoin price difference between crypto exchanges like Coinbase Pro and Binance, and this premium has been negative for the last 32 days. On October 24, the premium reached -0.2%, while on election day, it settled at -0.06%. This suggests that Bitcoin demand in the U.S. is lower than global demand. CryptoQuant noted that Bitcoin prices generally show a more sustainable increase when the premium is positive.
According to blockchain analytics firm CryptoQuant, U.S.-based investors have been relatively passive during the election day, when the new president will be elected. According to CryptoQuant data, the Coinbase Bitcoin premium is a percentage of the Bitcoin price difference between crypto exchanges like Coinbase Pro and Binance, and this premium has been negative for the last 32 days. On October 24, the premium reached -0.2%, while on election day, it settled at -0.06%. This suggests that Bitcoin demand in the U.S. is lower than global demand. CryptoQuant noted that Bitcoin prices generally show a more sustainable increase when the premium is positive.
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Binance Co-Founder Explains Altcoin Listing Fee
Binance co-founder Yi He has denied allegations that his platform is demanding tokens. Moonrock Capital CEO Simon Dedic claimed in a statement he made on social media platform X last week that Binance is demanding 15% of the total supply of tokens from projects. Dedic claimed that such demands are not achievable for projects and claimed that Binance makes such large demands during the listing process. Following these allegations, Coinbase CEO Brian Armstrong joined the discussion by stating that asset listing fees are completely free on his own exchange. However, DeFi expert Andre Cronje denied Armstrong’s statements and stated that Coinbase charges serious fees compared to Binance.
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Ethereum’s Technical Indicators Signal a Possible Drop: Chances Towards $2,112
$ETH
Recent analyses on Ethereum point to a possible downtrend, emphasizing that technical indicators such as the Super Trend and MACD play a critical role in this process. In particular, the decreasing market demand along with the resistance at $2,740 reinforces concerns that Ethereum could decline to $2,600. This situation causes investors to take a more cautious approach.
Technical Indicators That Increase the Risk of a Downturn
According to data from COINOTAG, if buying pressure remains weak, Ethereum could drop to $2,112. This would represent a drop of around 13% from current levels. According to analysts, this potential decline in Ethereum’s price poses a risky environment for investors.
Recent analyses on Ethereum point to a possible downtrend, emphasizing that technical indicators such as the Super Trend and MACD play a critical role in this process. In particular, the decreasing market demand along with the resistance at $2,740 reinforces concerns that Ethereum could decline to $2,600. This situation causes investors to take a more cautious approach.
Technical Indicators That Increase the Risk of a Downturn
According to data from COINOTAG, if buying pressure remains weak, Ethereum could drop to $2,112. This would represent a drop of around 13% from current levels. According to analysts, this potential decline in Ethereum’s price poses a risky environment for investors.
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Solana Draws Attention with Triple On-Chain Transfer Record
Bitcoin has been moving in a narrow price range for the past few hours and is currently fluctuating between $69,000 and $70,500. Meanwhile, while the market eagerly awaits the election results, all eyes are on the interest rate decision. Both developments could lead to significant fluctuations in the cryptocurrency market, and it remains uncertain how Bitcoin will fare in the short term. During this process, it is important for investors affected by the uncertainty in Bitcoin to be careful and be prepared for a possible change in direction.
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BTC Will Go to One of Two Levels in Hours, New Record in Solana
Bitcoin has been constantly moving between local highs and lows lately. The price is fluctuating between $69,000 and $70,500, while the market is intently focused on the election results. During this critical period, exit polls are also expected to be published and we are entering a period where the interest rate decision will be announced in a few days. The market is experiencing one of the most important weeks of the year and the price of Bitcoin is still fluctuating around $69,000.
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The Rise: Key Levels and Technical Indicators for Traders to Watch
$ETH
The cryptocurrency market continues to show signs of recovery, with Ethereum (ETH) regaining bullish momentum following its price correction. Despite the uncertainty in the overall market, Ethereum’s recent price movements raise the possibility of a recovery that investors are watching closely.
According to COINOTAG, analysts predict that if ETH manages to stay above critical support levels, a significant upward movement could begin. Recent analysis shows that Ethereum is currently at a significant support point and is likely to return to the bull channel after a short-term decline. ETH at the lower limit of this formation usually indicates that buying pressure will increase. If current trends continue, the price has the potential to move upwards.
The cryptocurrency market continues to show signs of recovery, with Ethereum (ETH) regaining bullish momentum following its price correction. Despite the uncertainty in the overall market, Ethereum’s recent price movements raise the possibility of a recovery that investors are watching closely.
According to COINOTAG, analysts predict that if ETH manages to stay above critical support levels, a significant upward movement could begin. Recent analysis shows that Ethereum is currently at a significant support point and is likely to return to the bull channel after a short-term decline. ETH at the lower limit of this formation usually indicates that buying pressure will increase. If current trends continue, the price has the potential to move upwards.
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DOGE Will Rekindle The Meme Coin Fire: This Data Has Grown Again In A Week!
Uniswap has been put to the test recently due to increased selling pressure and market uncertainty, and the token’s price decline has led to discussions about potential support levels, dropping to its lowest levels since October.
“The decline in Uniswap’s price presents a discrepancy between user adoption and market perception in DeFi,” a COINOTAG source explained. Uniswap has been seeing increasing user adoption while prices have been falling, which could be a sign of potential changes in the DeFi space.
“The decline in Uniswap’s price presents a discrepancy between user adoption and market perception in DeFi,” a COINOTAG source explained. Uniswap has been seeing increasing user adoption while prices have been falling, which could be a sign of potential changes in the DeFi space.
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Uniswap [UNI]: Solid Fundamentals of User Adoption Observed Amid Falling Prices
According to Santiment, the 46,000-plus increase in Dogecoin wallets indicates that investors’ speculative interest in memecoins is increasing.
According to a post on Twitter by on-chain analysis platform Santiment on October 5, there is a remarkable increase in the number of Dogecoin wallets. The creation of 46,400 new wallets last week shows that investors’ interest in memecoins continues to increase.
Especially in Dogecoin$DOGE
According to a post on Twitter by on-chain analysis platform Santiment on October 5, there is a remarkable increase in the number of Dogecoin wallets. The creation of 46,400 new wallets last week shows that investors’ interest in memecoins continues to increase.
Especially in Dogecoin$DOGE
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Possible Resurgence Scenarios After PONKE’s Recent Decline
Recent market volatility has seen PONKE lose a significant 32% of its value. However, fundamental indicators are showing promising signs of recovery and a potential support formation is observed.
PONKE saw a massive 54% increase in trading volume during a period when prices were trending sideways, indicating that buying interest is strong and market participants expect prices to rise further.
After PONKE retested the $0.503 support level, analysts are assessing the possibility of the price heading towards a new all-time high of $0.714. However, they warn that a loss of this level could start a downtrend.
PONKE saw a massive 54% increase in trading volume during a period when prices were trending sideways, indicating that buying interest is strong and market participants expect prices to rise further.
After PONKE retested the $0.503 support level, analysts are assessing the possibility of the price heading towards a new all-time high of $0.714. However, they warn that a loss of this level could start a downtrend.
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