✴️#BTC #forecast $BTC
Forbes published an article about how the BTC marketcap could one day reach $100 trillion if its implementation continues at the same pace as now.
Many experts expect the acceleration of BTC implementation against the background of the approval of numerous exchange instruments for it in the US and around the world, as well as against the background of the development of various new services and technologies based on the BTC blockchain.
—————————-
Meanwhile, the global implementation of crypto is now proceeding at a faster pace than the implementation of the Internet once did.

❕ $11.1B Liquidations Are Coming!

$11.1B worth of short positions will be liquidated when BTC hits $70,300.
#btc $BTC

Ⓜ️ Morning Market Review!

Sentiment Index: 72, Greed;
Bitcoin Dominance: 57.19%;
Market Cap: $2.38 trillion.
#btc $BTC

✴️#SOL
Standard Chartered Doesn't Rule Out Solana (SOL) Growth by 400% if Trump Wins Elections

✴️#NOT
IntoTheBlock experts have noted a significant increase in the number of whales in Notcoin (NOT) over the past month and especially over the past week, indicating a significant accumulation of the token by large wallets.
$NOT

✴️#BTC #crypto
Santiment notes that wallets with balances of 100-1000 BTC began actively accumulating BTC on October 10.

During the same period of time, a record weekly inflow into spot BTC-ETFs was also recorded.
$BTC

🏦 ECB comes out against BTC!

The ECB in its report "The Implications of Bitcoin Distribution" criticizes the cryptocurrency for its unequal distribution of wealth, with early investors benefiting at the expense of new investors. The bank proposes strict price controls to avoid social unrest.

The document warns of the risk of mass unrest due to the unfair distribution of wealth and calls on those who do not own Bitcoin to advocate for laws that prevent its growth or complete disappearance.

The ECB accuses BTC of being rarely used for payment and actively used in illegal transactions. The crypto community noted that fiat money is more often used in illegal transactions, and the growth of BTC is associated with crises and inflation due to money printing.

Critics believe that the ECB is biased and is trying to protect the fiat system, fearing that people will lose control.
#BTC

🧢 Morning Market Review!

Fear and Greed Index: 73 (Greed);
Bitcoin Dominance: 57.62%;
Market Cap: $2.34 trillion.
#btc $BTC

📝 A16z Cryptocurrency Report 2024!

- 220 million active addresses and 27 million monthly mobile crypto wallet users:
Solana – about 100 million active addresses. Next are NEAR (with 31 million active addresses), Coinbase Base (22 million), Tron (14 million), Bitcoin (11 million), BNB Chain (10 million) and Ethereum (6 million).

- Stablecoins lead the crypto market:
With $8.5 trillion in transaction volume, stablecoins are significantly ahead of Visa with $4 trillion in turnover. They also entered the top 20 holders of US government debt.

- On-chain transaction fees have dropped sharply:
Fees have decreased by 99%. The cost of a transaction on the Base network is now about $0.01, on the Ethereum network ~ $1. For comparison, an international bank transfer costs an average of $44.

– DeFi booms amid a shrinking banking sector:
DeFi is becoming a real alternative to traditional banks, accounting for 34% of daily crypto address activity.
#btc $BTC

🧢 Morning Market Review!

Fear and Greed Index: 72 (Greed);
Bitcoin Dominance: 57.63%;
Market Capitalization: $2.35 trillion.
$BTC #btc

✴️#BTC
CryptoQuant experts believe that BTC has the most interesting time ahead of it in this cycle - namely, to the moon (based on the history of previous halving cycles.

✴️#ETH #forecast
The changing fundamentals of Ethereum and the growing adoption of L2 networks could have a huge impact on the future price of ETH. Instead of $22,000 by 2030, the price of ETH could only rise to $7,300 if things continue as they are now — VanEck.

🧢 Morning Market Review!

Fear and Greed Index: 73 (Greed);
Bitcoin Dominance: 57.71%;
Market Cap: $2.32 trillion.

#btc

⚠️✴️#crypto #sentiment #meme
There is a sharp surge in crowd attention to memecoins - Santiment data.

Santiment experts note that such surges in attention to more speculative assets have usually been an indicator of euphoric sentiment in the market and, historically, have been observed before local corrections.

📈 People are actively preparing for the market growth! In September alone, several million people downloaded crypto apps.

– Binance – 9.9 million
– Bitget Wallet – 5.8 million
– Bybit – 4.5 million
– Bitget – 2.9 million
– OKX – 2.6 million
– Trust Wallet – 2.1 million
– MetaMask – 1.1 million
– Kucoin – 824,000.
– Crypto.com – 581,000.
– Coinbase – 551,000.

Many came from tap games in telegram. This is profitable for exchanges: more people – more money.
#BTC☀ $BTC

✴️#BTC #forecast #crypto
BTC to soon surpass $73,800, and if Trump wins, will soar to $125,000 — Standard Chartered
#BTC☀️ $BTC

🧢 Morning Market Review!

Fear and Greed Index: 71 (Greed);
Bitcoin Dominance: 57.48%;
Market Cap: $2.33 trillion.
#btc $BTC

📝 Arthur Hayes discusses how geopolitical events and money supply affect Bitcoin volatility and value in his article “Persistent Weak Layer”.

Here are Arthur Hayes’ main points:

- He draws parallels between instability in the Middle East and a “weak layer” that could cause a crisis in global markets if the conflict between Israel and Iran escalates;
- An escalation of the conflict could damage oil infrastructure and raise energy prices, which in turn would increase the value of BTC as a “digital energy store”;
- Hayes believes that the growth of the money supply in the world helps support cryptocurrencies, believing that BTC will continue to grow in the long term, despite a possible decrease in hashrate due to the shutdown of Iranian miners;
- He advises careful asset allocation, avoiding large investments in volatile instruments and considering investing in US government bonds;
– The main risk for the markets is inflation caused by the issuance of dollars to finance US military operations and support for Israel, which could contribute to further growth of BTC;
– If the situation worsens, Hayes plans to reduce investments in memecoins and increase positions in more stable cryptocurrencies, emphasizing the importance of a rational approach to investments, rather than being guided by ethical or political considerations, since wars can lead to repression and loss of assets.

#btc $BTC

✴️#BTC
The number of whale transactions in BTC has grown to a 10-week high, BTC discussions (against other coins) on social networks have grown to a six-month high — Santiment data.

Inflows into "accumulating" wallets have grown significantly — CryptoQuant data.

BTC dominance relative to other altcoins has grown to a 3.5-year high.
$BTC

✴️#BTC
The rally in BTC is about to continue. The $100,000 mark is expected to be exceeded in this cycle (but this is not certain).
$BTC