Friends, yesterday Elon Musk on his own X account we saw how he promoted the memecoin Dogecoin. At the same time he also gave his support to candidate Trump.
DOGE, as I mentioned yesterday in my post What are these cryptocurrency whales accumulating? Among the cryptocurrencies that are accumulating the most is DOGE and it is striking that this prestigious businessman Elon Musk is constantly promoting it.
Friends, it is good to be cautious but at the same time studious in this market that is undoubtedly volatile and enters this end of year stage with bullish prospects. Here I leave you the photo that Elon Musk posted, because this article will have the photo of my dog ​​Bitcoin on the cover.

Folks, whales are investing in large-cap cryptocurrencies.
Leading altcoin Ethereum (ETH) is one of the assets that these large holders are accumulating ahead of October. According to Santiment data, there is a notable increase in ETH accumulation by wallet addresses holding between 10 million and 100 million ETH.
Over the past 26 days, this group has added 910,000 ETH to their holdings, valued at over $2.40 billion at market prices.

Friends, trading volume increased by 100% between July and September 2024, marking a before and after in the country's financial sector.
That's right, my friends, this happened in Bolivia, where in 2014 banks were restricted from making payments with these assets, slowing their adoption in the country. However, the situation changed in June of this year, when the BCB authorized financial institutions to operate with digital assets.
Another key factor in the increase in trading volume was the addition of six new financial institutions to the cryptocurrency market between July and August. These institutions received authorization to offer services for the purchase and sale of digital assets, facilitating transactions through electronic platforms. As a result, the number of transactions carried out with cryptocurrencies grew by 141% in the last three months.

This important businessman, entrepreneur and futuristic visionary was released and paid a fine of 50 million dollars.
Zhao will not be returning to Binance. According to Binance’s plea agreement filed on Nov. 21, the cryptocurrency firm agreed that Zhao is prohibited from “any present or future involvement in the operation or management” of the exchange.
In Zhao's farewell message on X, he hinted that he would like to dive into the decentralized finance (DeFi) sector. With his fortune, he could support specific projects through passive investment and be part of startups in “blockchain/Web3/DeFi, AI, and biotech.”

Friends, that's right PayPal is now entering the Crypto market. From now on, businesses will be able to buy, sell and store cryptocurrencies directly from their PayPal business accounts, thus simplifying the process of adopting digital assets.
Why is this movement so important?
PayPal, one of the online payment giants, is once again demonstrating its commitment to cryptocurrencies. With this new feature, the company is not only facilitating access to digital assets for businesses, but also driving their mass adoption.

Ladies and gentlemen, this is how it is in Lima, Peru, where a physical store is opened to trade cryptocurrencies.
With the opening of its first physical store in Lima, Nemo Latam seeks to facilitate the adoption of cryptocurrencies in Peru with personalized attention and integrated solutions.
A cryptocurrency exchange with physical offices for trading assets in Peru has opened its doors, thus increasing the options for the public in the South American country who are interested in trading with this type of assets, as revealed by the company on its social networks on September 16.

Friends, I'm back with my articles after a few days, Lulo Bank, a neo Colombian Bank includes a Stablecoin USDC with which it hopes to offer a higher performance and savings system for its clients.
Natalia Jiménez, CEO of Lulo X, explained that Colombia is one of the only countries in Latin America that does not allow having an account in both the local currency and a foreign currency.
Multicoin project
Iupana's post detailed that Lulo Bank announced that, before the end of the year, it will expand the cryptocurrencies available on its platform to include popular options such as Bitcoin, Ether and Eurocoin. This new functionality, called "multicoin," will allow users to make payments with different cryptocurrencies using the same debit card, giving them the flexibility to choose which currency to use in each transaction, Jimenez reported.

Friends, that's how it was. The FED cut rates, as the markets reacted, although the cut can be considered a little aggressive, it is within the expected range of 0.25 and 0.50%, which is below the request made by US Senator Elizabeth Warren, who said that the economy needed this first reduction to be 0.75%, precisely in light of the potential risks to the labor market, whose indicators have been flattening session after session.
The rate cut was said to be favorable to cryptocurrencies, especially Bitcoin, but there were conflicting opinions as to whether the cut was aggressive. So far, Bitcoin and other cryptocurrencies are trending upwards.

Hello friends, in a few hours we will know the decision of the FED, how much will the interest rate cut be?
I tell you, this determines the volatility of Bitcoin and other cryptocurrencies, I explain that it can raise the price of $BTC and that on the contrary it can cause it to go down.
Friends, a 25-point cut is expected to encourage a rise in cryptocurrencies. If it is a moderate cut, Bitcoin and Cryptocurrencies will have an upward trend. What happens if the cut is more aggressive, for example: 50 points or 75 as we saw in the news that a congresswoman asked for? Well, this would be negative for cryptocurrencies in the short term because the FED would be avoiding an economic reception.

ENS Labs’ recent partnership with PayPal and Venmo could significantly boost crypto payments adoption and help the sector reach its first billion cryptocurrency holders.
ENS, also known as the Web3 human-readable crypto address, has recently been integrated by payment giants Venmo and PayPal, the world’s most widely used payment acquirer, facilitating crypto transactions via ENS usernames.
According to Marta Cura, business development director at ENS Labs, this new integration could facilitate the widespread adoption of cryptocurrency payments.

Hello friends, that's right, Argentina is launching the Bitcoin Project in Universities, a training program that will bring decentralized technologies to university students and teachers.
Argentina, we continue to spread the potential of decentralized technologies and mainly of Bitcoin. Doing so in academic and prestigious settings such as universities in Argentina is an objective that we want to continue expanding.
This Bitcoin in Universities project, a training program that will bring decentralized technologies to students and teachers of university courses throughout Argentina with the aim of spreading the potential of the world of $BTC

Hello friends🇻🇪🇱🇹🇮🇹🇦🇷🇵🇪 that's right, Latin America is present (where the Latin brothers are, comment) among the biggest investors in cryptocurrencies.
Blockchain research firm Chainalysis recently published the “2024 Geography of Cryptocurrency Report,” where it revealed that 4 Latin American countries are among the list of countries with the highest rate of cryptocurrency adoption. Brazil is ranked 10th, while Venezuela is ranked 13th when it comes to cryptocurrency usage.

Hello my friends, British bank Standard Chartered has made projections on the price of bitcoin (BTC) for the end of 2024, suggesting that the digital currency could reach new all-time highs regardless of who wins the US presidential election.
The analyst noted that while the outcome of the US presidential election is relevant for digital assets, its impact is lesser compared to the period when Joe Biden was the Democratic candidate, and is also less significant than markets tend to perceive.

Miners' earnings from these three cryptoassets exceeded USD 28 million in 24 hours.
Bitcoin leads in these measurements, while Dogecoin takes second place mainly due to its volume and popularity. Kaspa, although newer, completes the top 3 of this ranking having grown considerably since its launch in 2021.
Additionally, Bitcoin has a remaining supply of 6%. This percentage reflects the BTC that has not yet been mined, as BTC has a maximum supply of 21 million coins.

My friends, I'll explain to you why cryptocurrencies benefit when interest rates are reduced. And why are cryptocurrencies rising today?
Friends, let's start because there is a rally today. When a market anticipates a drop in interest rates, risk assets, such as cryptocurrencies, become more attractive.
In other words, if the Fed cuts rates, it could make borrowing less expensive and encourage investors to seek higher returns in more volatile markets like crypto. Some analysts even predict that Bitcoin could surpass $70,000 by the end of September.

Hello my friends and followers, I want to talk a little about the analysis of what has happened so far and give you some advice about which crypto to invest in.
Yesterday was the Harris and Trump debate, as a result Bitcoin went down a bit, although at this time it is rebounding a bit, Harris did not mention anything about cryptocurrencies and for his part we know that Trump has expressed himself in favor, of course this causes that at the moment when there is a slight advantage for Harris, the $BTC depreciates a bit, although it is not yet known who will come out the winner and neither if Harris wins her support or not for cryptocurrencies, I believe that whoever wins will support, because in the end cryptocurrencies are the present and future, several important companies and financial entities are already supporting and investing in crypto.

September is not a "friendly" month for the performance of digital assets, an unexpected turn could change the trend.
Despite suffering a slight drop in the early hours of Monday, September 9, the most important cryptocurrency in the financial ecosystem is giving savers hope with an unexpected turnaround.
With the Federal Reserve considering possible rate cuts at its next meeting, any economic signals from the CPI could influence market trends, further increasing volatility in traditional assets and crypto. According to QCP Capital, crypto traders are closely monitoring Bitcoin and Ethereum.