#Binance Although not exact, it is still possible to reach some rough predictions about the HALVING & BULL RUN relationships.
🔥 48 days after the bull run Halving in 2012; 🔥 259 days after the bull run Halving in 2016; 🔥 In 2020, the bull run started 149 days after Halving. 🔥 Expected date for the possible bull run after the 2024 halving is 3/6 months AFTER HALWING
🔥🔥🔥I THINK YOU SHOULD CONSIDER THESE DEVELOPMENTS IN THE 2024 BULL RUN!!!
- Rates of miners selling inventory - ETHEREUM ETF approval processes - 6 months of summer recession - Middle East war circle - Central Banks reduce the value of their currencies - Fed Interest Rate Cut - November US Presidential elections
DIGITAL SOLUTION IN LAW: FAST AND EFFECTIVE LEGAL SUPPORT WITH ESCOIN PLATFORM🚀
Escoin Platform is designed as a wide ecosystem that accelerates the professional support of clients in their legal processes. The platform directs clients' requests to the most suitable legal experts with smart algorithms by entering them into the system. With its constantly active cloud infrastructure, Escoin provides easy access from all online platforms; It offers features such as instant messaging, video calls and document sharing through web and mobile interfaces.
Data Bank and Smart Queue Module: Escoin offers a wide network of lawyers based on big data. This system matches legal experts with smart engines to find the most suitable solutions for clients' needs. When legal needs are entered, the platform determines suitable legal experts and enables them to interact with customers.
Rating and Call Module: Escoin's advanced rating system evaluates legal experts according to criteria and customer feedback. In addition, the Call Module allows legal professionals to increase their income by providing online consultancy.
EsCoin Blockchain Integration: The platform increases transparency and security in legal processes with blockchain technology. This innovative approach provides fast and reliable solutions to clients' needs.
🔥🔥🔥As a result, the Escoin Platform combines digital technology with legal solutions, providing an innovative transformation in the field of law❗️ #escoin #binance #elg #btc #escointoken www.escoin.ee $BTC $ETH $BNB
DEUTSCHE TELEKOM STARTS BITCOIN MINING WITH GREEN ENERGY🚀
German telecom giant Deutsche Telekom has turned to Bitcoin mining using excess energy from renewable energy sources. The company aims to reduce its carbon footprint by transferring excess energy to Bitcoin mining and offers an innovative model to make Bitcoin's energy-intensive structure more environmentally friendly. Deutsche Telekom plans to instantly adjust mining activities according to electricity demand, especially with an approach similar to the energy balancing model in Texas. In this system, mining operations are stopped when there is an energy shortage, and activities are restarted when there is an energy surplus. The company also aims to offer environmentally friendly solutions by developing its previously launched blockchain node infrastructure and sets a new example in this field.
This step by Deutsche Telekom comes at a time when initiatives aimed at reducing the environmental impact of blockchain technology are increasingly gaining attention. The company continues to play an active role in the sector by providing infrastructure support for various blockchain networks, such as running nodes on the Bitcoin Lightning Network, in addition to mining.
🔥🔥🔥As a result, this pilot project by Deutsche Telekom shows that sustainable mining models based on energy efficiency can set an example for other companies‼️
Sources:
• Ledger Insights, 2024. Deutsche Telekom plans Bitcoin mining pilot to improve energy efficiency. Available at: www.ledgerinsights.com • Analytics Insight, 2024. Deutsche Telekom’s Eco-Friendly Bitcoin Mining Pilot. Available at: www.analyticsinsight.net #Binance #escoin #elg #btc #escointoken $BTC $ETH
🔥🔥🔥HONG KONG GRANTS FIRST LICENSE FOR CRYPTO PRODUCTS: THE BEGINNING OF A NEW ERA‼️
#Binance #Escoin #BTC #Elg Hong Kong has taken an important step towards the digital asset sector by approving its first license for Bitcoin and crypto structured products. The Hong Kong Securities and Futures Commission (SFC) is expanding its licensing practices to regulate the legal framework of digital assets and ensure the safety of investors. This regulation aims to specifically supervise structured crypto products and reduce investors' risks. In this way, Hong Kong creates a safer environment for investors in the region as it moves towards becoming an international crypto trading hub.
The approval of this license can be followed by other countries and could lay the foundation for wider crypto adoption in Asia. This step by Hong Kong sets an important precedent for adopting a supportive and regulatory approach to cryptocurrencies. Hong Kong’s comprehensive approach prioritizes investor protection while providing new opportunities for financial institutions to support the digital asset ecosystem.
We can conclude that this regulation sets a positive example of providing a transparent environment for crypto investors and product providers.
$BTC $ETH
Sources:
• Reuters, “Hong Kong SFC Grants First License for Crypto Structured Products,” 2024. • Reed Smith LLP, “Hong Kong’s Successful Approach To Cryptocurrency Regulation,” 2024.
🔥🔥🔥TRUMP WARNS OF ECONOMIC COLLAPSE IF KAMALA HARRIS WINS‼️
Former President Donald Trump recently claimed that if Kamala Harris becomes president, the U.S. could face a depression similar to 1929. He criticized Harris for high inflation, which he claims has cost American families $30,000, and accused her of planning a historic tax hike. Trump, however, promised tax cuts for workers and small businesses, proposing no taxes on overtime, tips, and Social Security benefits. His statements aim to distinguish his economic vision from Harris’s policies, positioning himself as the better choice for economic stability.
“If Kamala wins, you are 3 days away from the start of a 1929-style economic depression. If I win, you are 3 days away from the best jobs, the biggest paychecks, and the brightest economic future the world has ever seen.
Kamala’s inflation nightmare has cost the typical American family $30,000 dollars in higher prices—and now, she wants to impose the largest tax hike in American history, and raise your taxes by $3,000 dollars a year.
I will massively cut taxes for workers and small businesses—and we will have NO TAX ON TIPS, NO TAX ON OVERTIME, and NO TAX ON SOCIAL SECURITY benefits!” #Bitcoin #elg #binance #escoin $BTC $ETH
SHORT-TERM BTC AND ETH MARKET CORRECTION EXPECTATION
The developments in the cryptocurrency market over the weekend confirmed the analyses made for certain support levels. BTC tried to find support at 68,800 and then 67,800 levels, but the decline continued. After the BTC price was pulled back to 67,800, it experienced a short-term recovery, but fell again and fell below the second support level. In addition, support levels were confirmed on the 4-hour charts and stop-loss and profit levels were determined. BTC and ETH short positions opened towards the end of last week closed with gains of approximately 2,000 and 80 points at the end of the week.
According to technical analyzes, BTC is currently moving below the middle level of the Bollinger Bands and there are few signs of recovery. It is observed that BTC's downtrend continues on the 4-hour chart. The KDJ and MACD indicators do not give a recovery signal, which indicates that selling pressure may continue. Under these conditions, the possibility of BTC breaking the strong support level of 65,000 and falling to 50,000 levels is on the agenda. For BTC, the target is suggested as 66,500 for short positions to be opened at 68,000-68,500 levels; and for ETH, the target is suggested as 2,350 for short positions to be opened at 2,450-2,580 levels.
- The information contained in this article is never investment advice and is for accurate and up-to-date information purposes. STAY TUNED‼️ Be sure to do your own research❗️
BTC IS TRYING TO STAY AT SUPPORT LEVEL, BUT UNCERTAINTY CONTINUES‼️
Bitcoin is trying to hold on to the $69,000 level, but especially the psychological impact of the upcoming US elections on crypto investors is causing fluctuations. The upward momentum observed in BTC and Altcoins has slowed down in the short term. The 2024 bull market exhibits a structure different from traditional trends. Now, increases generally do not occur simultaneously in the entire cryptocurrency market, but fluctuate in large sectors such as the BTC and Ethereum (ETH) groups. In addition, the entry of traditional financial institutions from Wall Street into the crypto market leads to significant changes in market dynamics. This means that the old bull market cycles have lost their effect and the new market ecology forces participants to take a more careful and flexible approach.
Conclusion: It has become difficult to achieve success with past strategies; investors need to follow the market closely and adapt to the changes.#Bitcoin#elg#binance#escoin $BTC $ETH
MUSK’S TRAFFIC SOLUTION: THE RISE OF THE BORING COMPANY🚀
In 2016, Elon Musk, who was stuck in Los Angeles traffic, shared the idea of opening a tunnel as a solution to traffic on Twitter. Although many people saw it as a joke, Musk put his idea into practice and founded The Boring Company two weeks later. The company’s goal was to build underground tunnels to solve traffic problems in big cities. At first, this idea was seen as a “publicity stunt,” but it quickly grew thanks to Musk’s creative financing strategies and technology developments.
In 2017, The Boring Company raised $112.5 million in funding, with Musk contributing $100 million. The same year, revenue was also generated from the 20,000 flamethrowers that were launched. The company, which completed its first test tunnel in Hawthorne, California, in 2018, managed to reduce the cost of traditional tunnels by 99 percent. In 2019, it signed a $48.7 million project under the Las Vegas Convention Center and completed the project in 2021, transforming it into a real transportation network.
By 2023, The Boring Company was valued at $127 billion. The company focused on meeting the growth needs of cities by building infrastructure tunnels; it has become critical for transporting infrastructure such as power lines, internet fiber cables and water pipes. The company currently has projects in Las Vegas, Texas and Florida and is in collaboration talks with many cities.
🔥🔥🔥Conclusion: The Boring Company, despite initial criticism, has taken significant steps towards revolutionizing urban infrastructure with Musk’s innovative vision‼️#Bitcoin#elg#binance#escoin #escointoken $BTC $ETH References:
• Montgomery, A. “The Boring Company’s Journey: From Joke to Billion-Dollar Infrastructure Giant,” Forbes, 2023. • Levy, S. “Inside Elon Musk’s Traffic-Busting Tunnels,” Wired, 2023.
🔥🔥🔥 BEAR MARKET IS BECOMING OBVIOUS IN BTC AND ETH: ATTENTION TO IMPORTANT SUPPORT LEVELS‼️
#Bitcoin #elg #binance #escoin Recent market analyses show that the downtrend is accelerating with the resistance experienced by Bitcoin (BTC) at $66,000. BTC has started to challenge important support levels by falling below the 200-day moving average at $63,400. Experts state that if it cannot hold on to the psychological level of $60,000, the price may retreat to the $52,000-$55,000 range. These levels were previously critical for BTC to maintain price stability.
In short-term charts, increasing selling pressure, especially in the $66,000 resistance area, is noticeable. This situation may increase market volatility due to investors taking profits at this level. In addition, negative values observed in the Coinbase Premium Index indicate that institutional investors' buying interest has decreased, which generally strengthens expectations for a bear market. If BTC can hold on to the $60,000 support, it may enter a price consolidation process; otherwise, the possibility of further decline may arise.
A similar scenario is experienced in ETH; the target of short positions that started in the $2,520-2,540 band has been determined as around $2,480. This movement indicates that the ETH price may remain under downward pressure.
🔥🔥🔥As a result, during this period when certain support levels in BTC and ETH are critical, it is of great importance to follow price movements closely‼️ $BTC $ETH
BTC DOWNTREND AND THE IMPORTANCE OF KEY SUPPORT LEVELS‼️
Bitcoin maintains its important support levels despite the sharp declines it has experienced recently. Although a major bear trend is seen in the daily candlestick chart, this is considered a natural correction of the long-term uptrend. Experts, who remind that continuous increases or decreases are not normal in market dynamics, draw attention to the fact that price fluctuations may continue. The fact that critical support levels have not yet been broken provides signs that BTC is experiencing this pullback only as a temporary correction in the uptrend. The results of the US non-farm payrolls data also have the potential to affect market direction; this data can especially affect short positions. Whether BTC can recover in the short term will be closely linked to the results of this data and the change in market conditions.
As a result, BTC's persistence at the main support levels indicates that it can continue its long-term uptrend despite short-term declines. #Binance #escoin #elg #BTC #escointoken $BTC $ETH
ALTCOIN MARKET CONFUSION AND INVESTOR UNCONFIDENCE‼️🚀❓
#Binance #escoin #elg The altcoin market is going through a difficult period due to a combination of factors. Although short-term increases are seen in some altcoins, a sustainable upward trend cannot be achieved. One of the main reasons for this is that various cryptocurrency platforms are listing new tokens rapidly, which seems to trap some investors. In addition, some projects are unlocking tokens and leading exchanges are delisting incompatible tokens, which leads to insecurity in the market. Ethereum's stagnant price trend also negatively affects the general situation of the altcoin market. Bitcoin's closeness to its historical peak is considered a misleading rise due to the election atmosphere, and this rise is not thought to be a sign of a long-term bull market. With only a few days left until the US presidential election, Bitcoin is gathering strength with sideways movements and sudden fluctuations, but indicators are showing signs of recovery. Although it is predicted that a new peak could be seen at any moment, uncertainty continues in the altcoin market.
🔥🔥🔥In conclusion, the uncertainty ahead of the US elections, the stagnation in Ethereum and market dynamics prevent a permanent rise in the altcoin market‼️ #BTC #escointoken $BTC $ETH
HOW IS THE PRESIDENTIAL ELECTION AND MARKET UNCERTAINTY AFFECTING BTC❓
#btc #escoin #elg As the US presidential election approaches, markets are shaken by increasing uncertainty. Recent polls show Harris regaining the lead over Trump; this is creating anxiety in the markets due to the possibility of Trump losing the election. In addition, the lower than expected US core Personal Consumption Expenditures (PCE) data for September is weakening expectations for a rate cut in November. Moreover, the previous PCE value was revised from 0.1 to 0.2, causing markets to worry that the rate cuts may be suspended. In addition to all these factors, global stock markets are also experiencing a difficult period with three major indices falling. As a result of these developments, the decline in market confidence and uncertainty are negatively affecting Bitcoin's short-term trend.
🔥🔥🔥As a result, the uncertainty in the US elections, along with the low PCE data and the decline in global stock markets, are causing Bitcoin to remain in a fragile position in the short term‼️ #binance #escointoken $BTC $ETH
TERRA LUNA CLASSIC (LUNC) OCTOBER 31 BURN: A NEW ERA OR A TEMPORARY FEVER❓
#Binance #escoin #elg Terra Luna Classic (LUNC) has seen significant price volatility, falling from an all-time high of $119 to a low of $0.0000924. This dramatic drop has brought together both skeptics and a dedicated community hoping for a revival of the token. On October 31, LUNC launched a large-scale burn event to wipe out 250 billion tokens from a circulating supply of over 6 trillion. The aim of this burn is to increase scarcity, thereby increasing demand and value over time.
In addition to reducing supply, experts emphasize the importance of continuous burns and community engagement to achieve long-term price appreciation. Some suggest that multiple burn events may be needed to make a lasting impact on LUNC’s value.
This burn could be a new point of interest, especially for high-risk investors. With an engaged community and gradual supply reduction efforts, Terra Luna Classic may be laying the groundwork for a long-term comeback. However, this revival process will take time, and the October burn may be just the first step in a larger process.
🔥🔥🔥Conclusion: This burn event could provide renewed momentum for LUNC, but its long-term impact remains uncertain‼️ #CryptoCommunityPower #TerraLunaClassic $LUNC $LUNA $USTC
- The information contained in this article is not investment advice and is for accurate and up-to-date informational purposes only. STAY TUNED‼️ Definitely do your own research❗️
MICROSTRATEGY’S HISTORICAL $42 BILLION CAPITAL INCREASE FOR BITCOIN🚀🚀🚀
#Binance #escoin #elg MicroStrategy broke the largest capital raising record in its corporate history by raising $42 billion in debt and equity to purchase Bitcoin. Led by CEO Michael Saylor, the strategy draws attention as MicroStrategy adopts Bitcoin as its main asset. This capital raise surpasses Saudi Aramco’s IPO of $26 billion, Tesla’s equity financing of $5 billion, OpenAI’s venture capital fund of $6.5 billion, and Blackstone’s private equity initiatives of $27 billion. Saylor sees Bitcoin as a digital hedge and believes the company could reach a trillion-dollar valuation as a “Bitcoin bank.”
While this massive investment reflects Saylor’s confidence in Bitcoin’s long-term growth potential, it also comes with significant risks that come with high volatility and regulatory uncertainty. Analysts worry that MicroStrategy’s extensive debt obligations could put the company in financial trouble if Bitcoin’s price fluctuates. However, the move could create a new model for companies adopting Bitcoin as a primary institutional asset.
Ultimately, MicroStrategy’s high-risk and record-breaking capital raise could influence future investments as an example of institutional confidence in Bitcoin.
TRUMP PROMISES BITCOIN FANS TO PARD SILK ROAD FOUNDER ULBRICHT
#Btc #escoin #elg Donald Trump, while addressing Bitcoin users, has once again promised to pardon Silk Road founder Ross Ulbricht. Trump called for Ulbricht’s release, emphasizing the historical impact of the Silk Road platform, which played a significant role in Bitcoin’s initial launch, in terms of digital payment systems. Ulbricht was arrested by the FBI in 2013 and sentenced to a long prison term for running the platform, which enabled the anonymous sale of illegal goods.
Trump argues that Ulbricht’s sentence is severe and argues that pardoning him would contribute to libertarian values. Many, especially in the cryptocurrency community, find Ulbricht’s sentence unnecessarily harsh, while others oppose this view on the grounds that it encourages illegal activities. With this promise, Trump is supporting cryptocurrencies, which he previously described as “risky,” while also seeking to gain votes from the crypto community. These developments point to a complex period in the interaction of crypto technologies with law and politics.
Trump’s statements continue to create debate in the crypto world, and Ulbricht’s fate continues to carry symbolic importance for the crypto community.
INTEREST IN CRYPTO EVEN IN PRISON! CZ REVEALED THAT HE RECEIVED INTERESTING QUESTIONS IN PRISON
#Binance #escoin #elg Binance founder Changpeng Zhao (CZ) seems to have not stayed away from the crypto world during his time in prison. A striking detail was that Zhao said that while he was in Lompoc II low-security prison, guards asked him which cryptocurrencies they should prefer to get investment advice. According to allegations, Zhao's interest in the crypto and blockchain sector also impressed the guards, leading them to ask him for advice in this area. Zhao, who was exposed to such questions during a turbulent period in the crypto market, shared this interesting memory with the crypto community, which also caused some humorous comments.
With CZ’s release from prison and his departure from the Binance CEO position, the future of Binance has become uncertain. While these developments are considered as a step towards Binance becoming more compliant with regulations, CZ seems to have withdrawn from direct management and preferred to remain in an advisory position. As part of the agreement made with the US Department of Justice, Zhao will no longer take an active role in Binance’s management and plans are to comply more strictly with regulations for the crypto market in the US.
In conclusion, Zhao’s experiences show how intertwined the crypto sector has become with regulations. CZ’s indirect impact on the sector, as well as Binance’s future, will continue to be watched with interest. #BTC #escointoken $BTC $BNB
References:
- Brave New Coin, “CZ Released from Prison, Speaks For the First Time”, bravenewcoin.com, Access Date: October 31, 2024.
LIVE STREAM SPECULATION ABOUT SATOSHI NAKAMOTO IS TURNING BITCOIN COMMUNITY ON AIR🚀🚀🚀
#WeAreAllSatoshi #Binance #escoin A new claim has recently been made about the identity of the mysterious creator of Bitcoin, Satoshi Nakamoto, and this rumor has spread rapidly on social media. According to these claims, a person alleged to be Nakamoto himself stated that he will appear on live broadcast in an hour. This announcement created great excitement among both investors and enthusiasts, and members of the London-based community began to show interest in the event. However, the credibility of such a statement remains uncertain, and many analysts warn that such news can be misleading.
In particular, there have been many speculations about Nakamoto's identity in the past; but none have been confirmed to date. The lack of clear information about who Nakamoto is further increases the mystery around him. Since the creation of Bitcoin, Nakamoto's identity has been the subject of debate in various ways, and many people have tried to find this person. However, on the one hand, this new claim further fuels Nakamoto's mystery, while on the other hand, some experts believe that this could be a PR effort or attention-grabbing.
🔥🔥🔥It should not be forgotten that such announcements can cause instant fluctuations in the crypto market. In closing, it is important for investors and enthusiasts not to act on such news without verification‼️ #escointoken #elg $BTC $ETH
Sources:
1. Cointelegraph Magazine, “Hodler’s Digest,” October 6-12, 2024. 2. Cryptoslate, “Speculations Regarding the Identity of Satoshi Nakamoto,” October 2024.
VISA AND COINBASE COLLABORATION TO MAKE INSTANT BITCOIN AND CRYPTO PURCHASES POSSIBILITY‼️
#Binance #escoin #elg Visa and Coinbase have introduced a new feature for users in the US and Europe, making it possible to purchase cryptocurrencies instantly with Visa debit cards. This innovation allows users to move faster on the stock exchange, especially by making instant crypto transactions with a debit card. This feature, which can be integrated into a Coinbase account, facilitates users' buying and selling transactions and allows them to remain active in the crypto market. Thanks to the crypto asset regulations (MiCA) in the European Union, such integrations are expected to become even more widespread.
🔥🔥🔥In conclusion, this move by Visa and Coinbase is an important step in bringing the world of traditional finance and digital assets closer together‼️ #btc #escointoken $BTC $ETH
Sources:
• Coindesk, “Coinbase and Visa Launch Real-Time Crypto Purchases” • Markets Insider, “Visa, Coinbase Partner to Enable Real-Time Bitcoin Transactions”
RUSSIA IMPRINTS GOOGLE IN HISTORICAL FINE: 20 DECILLION DOLLARS ASTRONOMIC FINE‼️
#BTC #esoin #elg A court in Russia has imposed the highest fine in history on US-based Google. This astronomical fine was imposed in relation to Google’s blocking of Russian-based media channels. In 2020, Google’s YouTube platform banned the ultra-nationalist Tsargrad TV based on US sanctions. In 2022, after the Ukraine war, more media channels in Russia, especially the state-affiliated Zvezda channel, faced similar bans. In response, 17 media outlets in Russia filed a lawsuit against Google demanding that their content be restored.
The court required Google to reopen access to these blocked channels and pay a fine of 100,000 rubles for each day. This fine increased every week and eventually reached $20 decillion. Google’s parent company Alphabet stated that the financial impact of such cases did not pose a significant threat to the company, but it did face serious problems such as the seizure of local bank accounts and the relocation of staff out of the country. Google did not make an official statement about the fine.
This extraordinary fine could increase tensions between Russia and the US over media and digital platforms. The impact of Russia’s decision on the tech giants is likely to be significant.
MICROSOFT SHAREHOLDERS HAVE BEGUN TO VOTE ON ADDING BITCOIN TO THE COMPANY’S TREASURY🚀
#BTC #Escoin #Elg Microsoft shareholders will vote on a resolution proposing to invest 1% of treasury assets in Bitcoin at the company’s December 2024 general meeting. The proposal, led by the National Center for Public Policy Research (NCPPR), is based on the idea that Bitcoin will provide the company with long-term protection against inflation and diversify its portfolio. Supporters of this proposal point to the increasing adoption of Bitcoin as a digital store of value in corporate treasuries and the impact this move will have on the market.