Good evening..
Beware of this scenario today in particular. There is a very high possibility of a strong Pamp candle and then an unexpected decline. Momentum has begun to decrease now and buyers have begun to get tired and the seller's pressure is very clear. Beware. Good luck to all.

Bitcoiners, be careful... Bitcoin is currently at strong resistance. A drop is possible, and God knows best.

Bitcoiners, be careful... Bitcoin is currently at strong resistance. A drop is possible, and God knows best.

Bitcoin started manipulating small speculators with a driving wave to delude them into rising, and this is just a trap that Bitcoin always does. Be careful not to fall to the rest of the levels of 48000$ , and there will be no rise except with the completion of the correction and the model. We notice an increase in the downward waves, and this means that the pressure is still continuing until the completion of the c, and the downward wave is the last strong downward driving wave that may reach 52500$ and extend to 48000$ , and from there after that we update Bitcoin for you, but I warn everyone to stay away from the rise, it is a trap, my friends. Good luck to all, I wish you permanent profit

m - A cryptocurrency trader has made huge gains by trading a new meme coin on the Solana network, sparking a wide discussion in the crypto community.

m - A cryptocurrency trader has made huge gains by trading a new meme coin on the Solana network, sparking a wide discussion in the crypto community.

A Solscan report showed that the trader sold 5.7 million GOAT tokens today for 5,949 Solana units, which is equivalent to about $931,000. In addition, the trader still holds 9.45 million GOAT tokens, which are currently valued at $1.49 million.

Meanwhile, these huge gains in a short period of time have sparked a wide discussion in the crypto market. They also highlight the high-risk, high-reward nature of this market, especially when trading leading meme coins.

Bitcoin price hits 3-month high amid fears of growing US dollar strength
BTC recently retested its 3-month high of $68,000, but the growing strength of the US dollar has bulls worried. The US dollar index retested its early August high of 103.45, which is usually negative for Bitcoin price movements, but its price continued to rise, confusing analysts who are used to the inverse relationship between them, which raised concerns among traders about the possibility of a “sell wave,” which could prompt some to sell their BTC holdings due to the increasing strength of the dollar.

A Russian crypto expert has predicted that Bitcoin (BTC) will rise to a range of 70,000$ -75,000$ by the end of this month following its recent surge. BTC had started its upward trajectory towards the 67,000$ level this week, with some optimistic about a bullish breakout. The Russian newspaper Izvestia quoted Cryptobotpro founder Alexey Mokrov as saying on October 16 that the market is starting to give traders “something to be happy about,” adding that BTC is now showing signs of “strength.”

Will Bitcoin reach 70,000$ before the end of October?
Are Ethereum and Solana also on an upward trajectory?
In addition to his prediction that the BTC price will reach the aforementioned range, Mokrov spoke about the Solana (SOL) coin, saying that “if the blockchain stabilizes,” the price of SOL “may rise to $180,” but “in case of unforeseen circumstances,” the price may “easily” drop to $140. He continued, explaining: “It is difficult to predict the price path in the crypto market not only because of the geopolitical situation in the world and the upcoming elections in the United States, but also because the market is under great pressure from the general state of the American and European economies.”

Spot trading volumes fell 17.2% to $1.27 trillion in September, their lowest level since June.

September saw a significant decline in centralized trading activity, with spot and derivatives volumes down 17% to a combined $4.34 trillion, according to the latest report from CCData.

However, market analysts are optimistic that the current slump will reverse in the coming months, thanks to potential catalysts such as increased market liquidity following the US Federal Reserve’s rate cuts, as well as the upcoming US presidential election, which is expected to boost trading activity.

The last quarter has traditionally been the strongest quarter for the crypto market, with the highest quarterly volumes in six of the past ten years.

Binance Market Share Continues to Decline

Binance’s spot market share has fallen to 27%, its lowest since January 2021.

Similarly, Binance’s derivatives trading volume has also fallen by 21% to $1.25 trillion, its lowest level since October 2023; Binance now holds 40.7% of the derivatives market, its lowest since September 2020. Overall, Binance’s market share for both spot markets has fallen

- Bitcoin bulls have once again begun to focus on reclaiming the currency’s March highs, amid growing optimism about riskier assets ahead of the US election.

Bitcoin rose 2.9% to $68,376 on Wednesday, before pulling back slightly to settle around $67,300 at this point in Thursday’s trading. The cryptocurrency last hit the $70,000 mark in July, and hit an all-time high of around $74,000 in March.

Alongside Bitcoin, other cryptocurrencies also saw gains, with Dogecoin up 10% and XRP up around 2%.

US Vice President Kamala Harris’ comments on supporting a regulatory framework for cryptocurrencies added to the market’s confidence. The admission comes after years of criticism from the cryptocurrency industry of US officials, who it has accused of pursuing an unclear regulatory policy based on strict enforcement rather than clarifying the rules.

- A new report from Aspen Digital has revealed that a growing number of private wealth managers in Asia are entering the cryptocurrency market, with some predicting that Bitcoin (BTC) could hit $100,000 by the end of the year.

Digital assets are becoming an alternative investment class for private wealth in Asia, with 76% of family offices and high-net-worth individuals investing in cryptocurrencies, and 16% planning to do so in the future.

Most respondents cited high returns as their primary motivation, while a growing number cited diversification and inflation hedging as key drivers for investing in digital assets, according to the report shared with CoinDesk.

Decentralized finance (DeFi) remains a key area of ​​interest, with 67% of respondents expressing interest in its development, followed by 61% in artificial intelligence and decentralized physical infrastructure (DePin), 50% in blockchain infrastructure, and 47% in real-world asset tokenization (RWA).

“We believe that every asset class will eventually migrate to blockchain, leveraging the competitive advantages these technologies offer, representing a huge growth potential for DeFi,” Re7 Capital’s report noted. “Currently, around 85 million users interact with financial services on the network, and we expect this number to exceed 200 million by the end of 2025.”"

World Liberty Financial (WLFI), the decentralized finance project of former US President Donald Trump, has launched its token sale.

The public sale began today and was open exclusively to participants who qualified through a whitelisting process that began in September.

The project sold over 220 million tokens to over 1,700 unique wallets within the first 20 minutes.

Despite a series of website outages during the offering, nearly 2,900 investors were able to claim 344 million tokens within the first hour.

Due to regulatory restrictions in the US, the sale is limited to accredited investors, as defined by the Securities and Exchange Commission (SEC).

To qualify, investors must have a net worth of over $1 million (not counting their homes) or annual income of at least $200,000 (or $300,000 for each spouse) over the past two years.

Trump and his team have set an ambitious goal of raising $300 million, with 100,000 accredited U.S. investors already whitelisted ahead of launch.

The WLFI token stands out from traditional cryptocurrencies like Bitcoin in that it is non-transferable and yields no interest.

Furthermore, 63% of the token’s total supply is reserved exclusively for accredited investors,

- Larry Fink believes that Bitcoin (BTC) will continue to rise regardless of who wins the presidency.

While the Trump-Harris presidential race has become a pivotal point in the cryptocurrency sector, BlackRock CEO Larry Fink believes that the outcome of the race will not have a significant impact on Bitcoin (BTC)’s long-term trajectory.

Fink ruled out the outcome of the 2024 US election as having a significant impact on Bitcoin (BTC), expressing his uncertainty about “which president or which candidate will make a difference.” Fink’s comments came during BlackRock’s third-quarter earnings call yesterday, October 15.

By contrast, the CEO emphasized that Bitcoin (BTC) is “an asset class unto itself” and is immune to the influence of global politics, and that continued adoption of cryptocurrencies depends on liquidity and transparency, not regulation.

“If we can make it easier to own Bitcoin and add more transparency and analytics to these assets, adoption will expand,” Fink added. This view expresses his belief that “the use of digital assets will become an increasing reality around the world” regardless of the legal opinion on them.

Investing.com - Bitcoin (BTC) surged during the early hours of Wednesday, hitting a near three-month high of $67,800 before falling back to $65,000 and then back to $67,500 during the day’s trading.

Traders at QCP Capital attributed the volatility to several factors dating back to the start of the week. The firm said in a Telegram broadcast that the rally could be driven by the election, with Republican Donald Trump gaining traction in prediction markets and polls, and Democrat Kamala Harris’s pledge to create a regulatory framework for cryptocurrencies adding momentum, signaling a more friendly stance toward the industry.

QCP added that disappointment with China’s recent economic stimulus has prompted some investors to shift capital from Chinese equities to Bitcoin, a scenario the firm predicted on Oct. 8.

Chinese Finance Minister Lan Fu'an had promised new steps to support the property sector and hinted at increased government borrowing at a news conference on Saturday, but the comments fell short of expectations, raising the possibility of capital flowing away from China-linked assets.

While most crypto investors are focused on Bitcoin and Ethereum, analysts at Standard Chartered believe another token, Solana, could outperform other cryptocurrencies, especially if former President Donald Trump wins the US election.

Solana, which was launched in 2020, is designed to be faster than other cryptocurrencies. Like Ethereum, it serves as a platform for developers to build applications, unlike Bitcoin, which is primarily used for transactions.

If Trump, who is considered the most pro-crypto candidate, becomes president again, analysts estimate that Solana will rise by 400%, Ethereum by 300%, and Bitcoin by 200% in 2025.

“Overall, we believe that a Trump administration will be more supportive of the broader digital asset ecosystem than a Harris administration,” wrote the analysts, who also believe that the introduction of a Solana ETF would be more likely under Trump than under Harris.

“Similar arguments can be made for the relative outlook for Ethereum versus Bitcoin in the event of a Trump versus Harris victory in the US,” the bank said.