This is not Crypto! This is me meeting the Ruler of #Dubai.

❤️ I love the #UAE and have been calling Dubai my home since 2007. UAE is also the HQ of Binance.

I am glad that the leadership understands the potential of #Blockchain technology here. 🫶🏼✨
#bullish 🇦🇪 😀

🗳️ $426,000,000 - That's How Much The SEC Under Gensler Cost Crypto Firms

The Blockchain Association (BA) reports that the SEC's aggressive approach under Gary Gensler has cost crypto companies at least $426 million in legal defense since 2021. The SEC's 104 enforcement cases from 2021 to 2023, targeting industry heavyweights like Binance, Ripple, and Coinbase, spotlight a "regulation by enforcement" agenda that many see as stifling innovation.

Beyond the litigation costs, the BA highlighted the deeper consequences: lost jobs, hindered innovation, and stunted U.S. tech investment. With the 2024 U.S. election fast approaching, the BA urges crypto voters—18% of the electorate—to back leaders who champion digital asset innovation.

Both sides of the political spectrum could shift the SEC's future. Donald Trump pledges to dismiss Gensler if elected, while Kamala Harris reportedly considers replacements, signaling potential policy changes. The outcome could redefine crypto’s regulatory landscape as Election Day (Nov. 5) looms.

Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!

#Elections2024 #SEC #DonaldTrump #KamalaHarris #GaryGensler $BTC $ETH $SOL

🚨 READ THIS: Why $BTC Might Hit $174K–$462K!

Bitcoin just closed its highest-ever three-day candle at $72,724, igniting talk of a major bull cycle. A historically reliable BTC indicator hints at an unprecedented peak between $174,000 and $462,000 within the next 24 months. Past price tops have often aligned with the 1.618 to 2.272 Fibonacci retracement levels, and under this setup, potential cycle highs are projected at $173K (1.618 Fib) and $458K (2.272 Fib).

Historical Trends & Fibonacci Precision Bitcoin's past cycle tops (2013, 2018, and 2021) consistently aligned near these Fib levels, albeit with diminishing returns. The 2021 peak at $69,800 even fell just under the 1.618 Fib, indicating a trend of decreasing cycle gains.

Key Price Levels Ahead BTC breaking out of its seven-month consolidation signals potential new all-time highs. But the critical mark for bulls to watch is $86,200, according to Bitcoin researcher Axel Adler Jr. This level previously triggered profit-taking and temporary peaks. Surpassing it with strong momentum could set off an exponential rally akin to 2021’s price discovery phase.

The Bull’s Fate: $86,200 Decision Point Adler notes that crossing $86,200 might confirm the start of a meteoric climb. Without surpassing it, BTC could stall within a high-risk zone where short-term holders historically cash out.

Will BTC follow historical Fib trends, or is a new pattern emerging? All eyes on $86K for signs of the next leg up.

Stay tuned with @Professor Mende - Bonuz Ecosystem Founder as Bitcoin flirts with groundbreaking highs and tests the strength of this bullish cycle!

#Bitcoin #BTC #BitcoinPrice #PricePrediction #CryptoMarketNews

Welcome back @CZ
💛💛💛💛💛

🔥 Bitcoin BREAKS RESISTANCE & Wipes Out Bears!

The massive sell walls between $65K and $71K that held Bitcoin back for weeks? Gone! Bitcoin has smashed through $68K to $70K, obliterating those resistance levels and liquidating short traders in the process.

Short Traders in Panic Mode The bears were trapped—massive liquidations swept through as BTC surged, sending traders who bet against the market running for cover with empty pockets. The longstanding wall of sell orders at these key price points has now been cleared, leaving the path open for Bitcoin to continue its climb.

Why It Matters With these barriers gone, bulls now control the momentum. The market liquidations are fueling even more buying pressure, and this breakout is shaking off the last resistance holding BTC back. $85K+ could be the next target if Bitcoin maintains this pace.

Bull Run Just Getting Started? Bears have retreated, and Bitcoin’s dominance is surging again. The market looks primed for a continued rally, with bullish sentiment growing by the minute.

The big question: Can Bitcoin keep this momentum going?

Stay tuned—the next leg up might be explosive! Stay updated with @Professor Mende - Bonuz Ecosystem Founder

#CryptoMarketNews #BitcoinPrice #Bullorbear #Bullrun #Bullish $BTC

🚀 Bitcoin Officially BREAKS FREE from a 7-Month Downtrend!

After months of consolidation, Bitcoin has finally broken out of its seven-month downtrend, fueling excitement among traders and market watchers alike. With sustained multi-day closes above its previous trading range, BTC has ignited a fresh wave of optimism in the market.

Veteran trader Peter Brandt and others have taken note, with many eyeing targets between $85,000 and $160,000. This breakout is inspiring traders to open new positions, betting on even higher highs as Bitcoin’s momentum continues to build.

Why is This Breakout Important? This range break signifies a clear end to the downtrend that’s haunted BTC since early 2024. A confirmed close above key resistance levels has restored confidence in the bulls, and traders are now targeting the next major price levels.

What’s Next for BTC? With this breakout, bullish targets range between $85,000 to $160,000, according to Brandt and other analysts. Market sentiment is shifting, and a push toward these higher levels is gaining momentum. Investors are rushing in to capitalize on this potential long-term rally.

Could This Be the Start of a New Bull Market? If Bitcoin continues to hold above its previous range and gathers steam, this could mark the beginning of a new bull cycle, pushing prices to all-time highs.

Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!

#Bitcoinprice #bitcoin #btc #CryptoMarketNews #BinanceBlockchainWeek $BTC

Meet me at the Binance Blockchain Week!
Excited for the epic program and to meet so many of you!

🚀 Bitcoin Hits $72,000: New BREAKOUT?

Bitcoin's price has skyrocketed by 5.7%, breaking past $72,000 for the first time since June 2024. So, what's driving this latest surge in BTC's value?

In just the last two days, Bitcoin ETFs saw net inflows of $479.4 million, with BlackRock leading the charge, adding over $300 million in BTC. This institutional push has reignited bullish momentum, pushing Bitcoin firmly above the $70K threshold. According to CryptoQuant, average daily inflows into Bitcoin ETFs have hit $257 million over the last 30 days, signaling ongoing robust demand.

Bitcoin ETFs in the U.S. have now reached a record-breaking $66 billion in holdings, surpassing their previous August highs. The strong institutional interest, confirmed by Capriole Fund’s Charles Edwards, is helping propel Bitcoin to new heights. CEO of CryptoQuant, Ki-Young Ju, highlighted that whale wallets (holding 1,000+ BTC) have absorbed more BTC than ETFs, showcasing big-money confidence in Bitcoin's long-term prospects.

Adding to the rally, Bitcoin’s open interest (OI) surged by $2 billion in just 48 hours, setting a new all-time high of $22.77 billion. The explosion of leverage in the derivatives market is driving volatility, with $150 million in liquidations pushing BTC above $71,800. Analysts like Andre Dragosch from Bitwise noted this is the largest short squeeze since April 2024, adding fuel to Bitcoin's bullish momentum.

While everyone is celebrating, legendary trader Peter Brandt warns that Bitcoin needs to close above $76,000 for a true breakout. BTC is facing significant resistance around $71,500, but if it successfully closes above this level, we could be looking at even higher targets in the near future.

Will $BTC hit $76k or maybe even more? Drop your opinion in the comments!

Follow @Professor Mende - Bonuz Ecosystem Founder for more!

#Bitcoin #BTC #BitcoinPrice #PriceAnalysis #BitcoinNews  $PEPE  $SHIB

🚨 ALERT: Deepfake Scams Soar by 654% – Are You Safe?

In 2024, crypto saw a shocking 654% increase in deepfake scams, with 74% targeting the crypto industry. Fraudsters are using AI-generated deepfakes of celebrities like Elon Musk to endorse fake projects, tricking users into giving up their hard-earned crypto. As deepfake tech improves, spotting these scams is nearly impossible with the naked eye.

Scammers create hyper-realistic videos and images, often of trusted figures, to lure users into fraudulent schemes. The crypto community, drawn by excitement and fast money, has become a prime target. These scams don’t just endanger your wallet—they challenge our sense of reality. The days of obvious fake videos are over; today’s deepfakes are alarmingly convincing.
Crypto operates on digital interactions and high-value transactions, making it the perfect playground for these criminals. By mimicking famous figures or even stealing identities through social media data, scammers manipulate users into making disastrous investments. The hype around potential riches in crypto also makes it fertile ground for scams to thrive.

How to Spot Deepfakes:
- Lip Sync Issues – Audio doesn't quite match up.
- Unnatural Features – Something about the skin texture or expressions feels “off.”
- Lighting Inconsistencies – Strange shadows or weird backgrounds that don’t belong.

What Can Be Done?
While 15 U.S. states have introduced legislation to fight deepfakes, crypto users need education and awareness to stay safe. Social media platforms should step up by implementing better detection tools and penalizing misinformation. For crypto exchanges, enforcing stricter KYC checks and monitoring transaction patterns can act as a first line of defense.

Stay alert & safe with @Professor Mende - Bonuz Ecosystem Founder !

#scamalert #Deepfake #CryptoMarketNews #Phishing #Scam $BTC $PEPE $SHIB

70k$
$BTC

🚀 IS BITCOIN HEADED TO $100,000? 🚀

Tether (USDT) FUD has an uncanny knack for marking Bitcoin's bottoms, and the numbers don’t lie. Every time USDT controversy hits the market, Bitcoin follows up with massive gains:

- January 2019: After USDT FUD, BTC rallied an insane +268%
- December 2020: Bitcoin skyrocketed +255% after more USDT panic
- June 2023: USDT rumors? BTC surged +200%
- Now, we’re in October 2024 and facing another wave of Tether fear, uncertainty, and doubt...

Could we be looking at another explosive Bitcoin pump?
History says YES 💥, but what’s your call? Will BTC smash through to $100K next? Let the countdown begin! ⏳

Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated on the matter!

#FUD #USDT #BitcoinPrice #Bitcoin  #BTC  $BTC

🚀 Trump's Election Odds Surge as Polymarket Whale Bets Another $2M

The odds of Donald Trump winning the Nov. 5 presidential election have hit 67% on Polymarket, the decentralized betting platform, thanks to a mysterious whale investor who recently wagered another $2 million on a Trump victory. This latest move brings the whale’s total bet to over $7 million in USD Coin (USDC).

Known by the handle “zxgngl,” the whale has amassed 11.28 million “Yes” shares, and it’s not alone—another high-profile bettor, “Fredi9999,” has poured over $20 million into pro-Trump bets. This heavy betting activity has driven Trump’s odds from a September low to a consistent lead since Oct. 4, with odds steadily climbing.

Elon Musk suggests decentralized betting markets like Polymarket may actually provide a more accurate read than traditional polling. Unlike polls, betting markets factor in both financial risk and real-time shifts in sentiment, making them potentially more responsive indicators of public confidence.

Interest in crypto prediction markets is surging. Betting volumes jumped over 565% in Q3 2024, reaching $3.1 billion, largely driven by the U.S. elections. Polymarket, the leader in the space, now holds a 99% market share.

With just a week until the election, all eyes are on these bets—will the whales' confidence pay off, or are they simply caught in a confirmation bias loop?

Who will win the election?
Drop your guess below!

#CryptoPreUSElection #DonaldTrump #KamalaHarris #Elections2024 #CryptoMarketNews $BTC

4 Reasons Why BITCOIN is Trading Below $70k

Bitcoin has been rallying, yet it faces some major resistance on the path to $70,000. Here are four factors that could either pave the way forward—or hold BTC back:

1. Global Uncertainty & Investor Caution:
While Bitcoin’s position among top global assets like Tesla and Walmart should attract investors, traditional assets still offer stability and yield a steady 4.7% in fixed income. Many investors remain cautious, especially amid economic uncertainties, preferring to hold off on significant BTC positions.

2. US Election’s Influence on Crypto Regulation:
The 2024 US presidential election could shape Bitcoin’s future. Kamala Harris has signaled a pro-regulation stance that prioritizes consumer protection, potentially curbing BTC's appeal. In contrast, former President Trump favors integrating digital assets into traditional finance. If he wins, it could boost BTC’s credibility, driving adoption.

3. Mining Profitability Pressures:
Bitcoin miners face tough times with the mining hashrate index dropping near-record lows, creating profitability challenges. This has triggered worries that miners, who hold about 1.8 million BTC (worth roughly $122.4 billion), may sell to maintain operations. Miner sell pressure remains a significant factor to watch, as large sell-offs could weigh on BTC price.

4. Spot ETF Demand vs. Exchange Reserves:
The potential for a BTC supply crunch due to rising spot ETF interest sounds promising, but exchange deposits still hold significant reserves, estimated between 1.9 and 3 million BTC. Even with high ETF accumulation, these reserves present a risk of sell-offs when BTC nears target prices.

For Bitcoin to confidently break through $70K, a mix of lower interest rates, better mining conditions, and sustained ETF demand is essential to encourage traders to enter with force.

Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!

#Bitcoin #BTC #CryptoMarketNews #BitcoinPrice #PriceAnalysis  $BTC

📈 Memecoin RELIGIONS On The Rise!

The internet is abuzz with a new trend—AI-generated “memetic religions,” the most infamous being Goatseus Maximus ($GOAT), a $660 million memecoin linked to a surreal “religion” created by an AI dubbed Terminal of Truths (TT).

Satire, Sh*tposting, or Paradigm Shift?:
Crypto X is divided: is this a genius-level satire or a full-blown social experiment? TT’s creator, Andy Ayrey, insists it’s “not a crypto project” but an exploration into the power of AI to generate viral, even cult-like concepts. Ayrey’s April 20 “Goatse of Gnosis” paper argues that freewheeling AI idea generation could “break human cognitive constraints.”

Memes as Digital Scripture?:
The phenomenon has revived Murad Mahmudov’s “Memecoin Supercycle” thesis, likening strong meme communities to modern cults. X users like Goodalexander draw comparisons between AI-driven “mind viruses” and bioengineered pandemics, warning of a future where memes shape reality.

The Art of the Absurd:
In a nod to the Dada art movement, Redphone likened Ayrey’s work to Marcel Duchamp’s “Fountain,” claiming that if AI has birthed one “religion,” it can spawn countless more. According to Redphone, The Goatse Gospels could become iconic, with TT’s peculiar language evoking spiritual resonance in ways we haven’t seen in digital spaces.

Crypto, Cults, and Market Volatility:
In true memecoin fashion, $GOAT saw a crisis of faith when its price tanked due to a typo in an AI-generated post. While some believed the error exposed Ayrey’s hand in TT’s operations, others provided proof of AI typos, reviving the community’s confidence.

What do you think about this trend?

#Memecoins #Memecoin #Pepe #Shib #Floki $PEPE  $SHIB  $FLOKI

🚨 Could Vitalik's ‘PURGE’ Plan Save Ethereum?

Vitalik Buterin’s latest initiative, “The Purge,” aims to tackle Ethereum’s long-standing data storage issues, reduce protocol complexity, and cut down on technical debt to improve network efficiency. Although “The Purge” won’t directly lower gas fees, the proposed improvements are expected to enhance Ethereum’s performance and potentially reduce operational costs for users and developers alike.

Reducing Storage Demands for Node Operators
One of the primary goals of The Purge is to tackle Ethereum’s rising storage demands. Currently, a fully-synced Ethereum node requires over 1.17 terabytes of storage, making it increasingly challenging for new nodes to join the network. The plan involves reducing the need for nodes to retain all historical data permanently, aiming instead for a system where only essential data is stored and historical data can be fetched when needed.

Tackling “State Expiry”
A core component of The Purge is the concept of “state expiry.” Currently, any new state data created on Ethereum is stored indefinitely, which can lead to endless growth in data storage requirements. Buterin envisions a model where rarely accessed state data is temporarily expired and can be revived through cryptographic proofs when needed. This could prevent the network from continuously expanding, keeping data demands in check.

Moving Toward Stateless Verification
The Purge builds on concepts introduced in “The Verge,” an earlier upgrade aiming to make it easier for users to operate nodes on Ethereum. By moving to stateless verification, Ethereum can allow more lightweight devices—such as mobile phones and even smartwatches—to run nodes, enhancing accessibility and decentralization. This shift would significantly lower hardware requirements, making the network more secure and widely accessible.

What do you think about this solution? Follow @Professor Mende - Bonuz Ecosystem Founder for more!

#Ethereum #ETH #VitalikButerin #CryptoMarketNews $ETH

The Professor performing....

🚨 Is Bitcoin About to CRASH Again? Indicators Suggest Caution

Bitcoin's struggle to break the $70,000 barrier may signal an upcoming price correction. After reaching a 12-week high of $69,487 on Oct. 21, Bitcoin has already seen a 3.7% dip in just three days, and multiple on-chain and technical indicators are hinting at the possibility of a deeper pullback.

Profit-Taking Fears
With 92.4% of Bitcoin holders now in profit, the risk of profit-taking has increased. Historically, when a majority of holders are in the green, markets tend to overheat, leading to sell-offs. If BTC’s price stays above $55,000, over 90% of investors will still be in profit. This could potentially lead to further downward pressure as investors lock in gains.

Open Interest Hits Record Highs
Bitcoin’s open interest (OI), which tracks the number of active futures contracts, recently set an all-time high, exceeding $40 billion on Oct. 21. High OI often indicates increased leverage in the market, raising the risk of volatility. A similar spike in OI preceded Bitcoin’s 20% drop in August, suggesting that BTC may be poised for another sharp correction.

Retrace from Overbought Conditions
Bitcoin’s Relative Strength Index (RSI) reached overbought levels of 70 on Oct. 20, triggering a pullback to $66,000. This pattern echoes past market tops in 2021 and 2019, where similar RSI readings led to significant price corrections.

Fear & Greed: Signaling Caution
The Crypto Fear & Greed Index sits at 72, reflecting "greed" in the market. This high level of sentiment often precedes market downturns. The last time the index reached these levels in March, Bitcoin fell from its all-time high to $56,500.

The Bottom Line
While Bitcoin's rally has excited bulls, caution is warranted. The combination of high OI, overbought conditions, and profit-taking signals could lead to a price retracement similar to previous market cycles.

Stay updated with @Professor Mende - Bonuz Ecosystem Founder !

#BitcoinPrice #CryptoMarketNews #Bitcoin #BTC #PriceAnalysis $BTC

🌎 Bitcoin Could Become Global Currency by 2030 — Institutional Mining May Pave the Way

With Bitcoin mining difficulty skyrocketing 378% over the past three years, CryptoQuant CEO Ki Young Ju believes we may be witnessing the groundwork for Bitcoin’s transformation into a global currency by 2030. As large-scale institutional players ramp up mining operations, the rising competition is driving smaller miners out, but Ju sees this institutionalization as a key to stabilizing Bitcoin’s historically volatile market.

Stability Through Institutional Power While some fear centralization of mining, Ju suggests it could actually reduce volatility. The more institutions get involved, the less speculative and more stable BTC could become. He predicts by 2028, the narrative will shift, and serious discussions about using Bitcoin as currency will emerge, driven by institutional confidence.

Adoption is Building Ju’s outlook is supported by the rise of Layer-2 solutions like the Lightning Network, which, though slow in adoption, could scale Bitcoin for everyday use. However, Wrapped Bitcoin (WBTC) has gained momentum, seamlessly integrating BTC into ecosystems without L2 complexities. For either solution to succeed, institutional backing will be key, according to Ju.

Price Stability is Crucial Bitcoin’s price is hovering around the $67,000 mark, a critical level according to analysts like Keith Alan, co-founder of Material Indicators. If BTC can hold above $65,000, without wild price swings, we could be looking at a long-term bullish trend, potentially retesting all-time highs by year’s end.

2028 and Beyond As we head into the next Bitcoin halving in 2028, institutional influence might not just stabilize BTC—it could legitimize it as a currency on a global scale. If Ju’s forecast holds, Bitcoin might finally shed its speculative image and become the digital currency many believe it was destined to be.

📈 Trump Victory Could Catapult Bitcoin to $92K!

Bitwise’s head of alpha strategies, Jeff Park, made a bold prediction—Bitcoin could soar to $92,000 if Donald Trump wins the U.S. presidency in November. In an Oct. 22 X post, Park applied “merger arb-style probability math” to Bitcoin’s price charted against Trump’s odds on the decentralized betting platform Polymarket. His analysis suggests a Trump win could trigger a massive BTC rally.

Park isn’t the only one making bullish forecasts. Crypto millionaire Erik Finman also predicted that a Trump victory could push Bitcoin as high as $100,000, citing Trump's pro-crypto stance. Trump has promised to make the U.S. the "crypto capital of the world" and vowed to fire SEC Chair Gary Gensler on day one of his presidency, which has excited crypto investors and voters alike.

However, not everyone is convinced. Billionaire investor Mark Cuban, backing Kamala Harris, warned that a Trump win may only cause a short-term pump in the crypto market, followed by a downturn. Cuban highlighted Trump’s economic policies, particularly import tariffs, as inflationary and potentially harmful to Bitcoin in the long run.

As the election approaches, national polls show Harris with a slight lead over Trump. Yet, betting markets tell a different story, with Trump leading Harris by 18.8% on Polymarket.

While Trump’s crypto-friendly policies have many excited, it's clear that the November election could be a pivotal moment for the future of Bitcoin and the entire crypto space. Will BTC hit $92K? Only time will tell.

Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!

#Election2024 #Trump #Harris #DonaldTrump #KamalaHarris $BTC

Habibis! Catch me during the October Blockchain Events in Dubai

🇦🇪 ✨✨✨🚀💫
Bonuz launched the IOS and Android App on 15th October. Download now: Social Smart Wallet

I will be around these events:
ABC Conclave
Future Blockchain Summit
Cosmoverse
Blockchain Life Forum
Binance Blockchain Week

#Web3 #bonuzrevolution #selftcustody #BinanceSquareFamily #BinanceBlockchainWeek