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Crypto De Nostradame
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🧙♂️随着上周德国抛售，现货比特币 ETF 从周一到周五的流入资金超过 10 亿美元。
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Bitcoin's Path to $1 Million: Mechanism Capital's Medium-Term Forecast Increased Investors' Hopes. One of the most important theories behind #Bitcoin reaching astronomical values is its adoption as a national treasury reserve asset. Various discussions within the crypto community suggest that if major economies such as the United States consider or hint at this adoption, it could be a huge catalyst for a massive increase in Bitcoin price. Andrew Kang, co-founder of Mechanism Capital, states that these scenarios provide a seriously asymmetric upside potential for cryptocurrency. Even the low probability of such an outcome positions Bitcoin as an undervalued asset at the moment. Kang also points out the potential impact of large corporations and international developments. Rumors suggest that a major Asian conglomerate may pursue companies such as MicroStrategy and Coinbase, known for their strategic positions in the Bitcoin ecosystem. Such institutional moves could further legitimize Bitcoin and attract more institutional investment, creating a ripple effect that other nations and businesses could follow. This potential west-to-east market shift could accelerate Bitcoin's mainstream adoption. Bitcoin's recent market performance is also supported by positive regulatory developments. The SEC's approval of #Ethereum spot ETFs set a precedent and increased optimism that Bitcoin could soon receive similar approval. This regulatory advance reignited investor confidence and propelled Bitcoin to a monthly high of $67,000. While previous challenges such as the German government's sale of 50,000 $BTC may have temporarily stalled the price increase, the market appears to be recovering as regulatory clarity is provided. In conclusion, there are many factors that give rise to the potential for Bitcoin to reach $1 million. From national treasury adoption to institutional participation and positive regulatory shifts to political shifts, each element contributes to Bitcoin's strong market outlook.
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🧙♂️According to Bloomberg, Ripple CEO Brad Garlinghouse expects the company to resolve its ongoing case with the SEC soon. It is anticipated that #Ripple will announce the settlement after a closed meeting with the #SEC next week.
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Meme Coins Stand Out As Bitcoin Rises 11% Amid Market Surge Over the past seven days, Bitcoin has managed to increase market confidence by rising 11%. This increase started on July 14 and continued to gain momentum. Despite resistance at $68K, Bitcoin's performance boosted overall market sentiment as the bears halted the rally. The sentiment indicator increased from 33 to 74, marking the transition from fear to greed. Meme coins attracted attention among the best performers in the market. Last week, POPCAT led with a 60% gain, followed by dog-themed tokens; WIF increased by 53%. Other meme tokens, PEPE and FLOKI, achieved notable gains of 33.6% and 33.4% respectively. This trend highlights increased speculation and playful investment behavior in the crypto community. Outside of the meme coin craze, Arweave (AR) and Core (CORE) showed strong growth, gaining 40% and 37% respectively. Additionally, #OM assets of #INJ , #BONK , #JUP , #RUNE , TAO , and Mantra recorded gains of almost 30%, reflecting general enthusiasm in the market and investor interest in various blockchain projects. Crypto markets have been very dynamic this past week, highlighted by significant gains in major cryptocurrencies like Bitcoin and a wave of enthusiasm for meme coins. Although some altcoins have underperformed, the overall market trend is towards optimism and revival. This movement indicates that bull trends may continue if macroeconomic and sector-specific factors remain supportive.
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Trump praised Elon Musk During a rally in Michigan on Saturday, Donald Trump heaped praise on Elon Musk, saying the Tesla CEO is "great" and a "smart guy." While the competition between Joe Biden and Donald Trump is heating up in the US presidential elections to be held on November 5, a support for Trump attracted a lot of attention. Former president and new presidential candidate Donald Trump, who was subjected to an assassination attempt last weekend, received support from Elon Musk, one of the important names in the technology world. Musk announced that he supported Trump on July 13, when the assassination attempt took place. Despite repeatedly shifting his politics to the right, the Tesla CEO had until recently opted to remain silent about his preferred candidate, but is now openly showing his support. It was even reported in the press that the famous billionaire planned to donate $45 million a month to Trump's election campaign. Although Trump stated that he was not aware of Musk's high-budget support, he praised the famous technology leader at his last rally. Trump used the following statements at the rally: "Elon. I love Elon Musk. Do we love him?" I love him." While the former president said, "We must make life beautiful for our smart people like Musk," he added that he was not aware of the large donation plan and had only read the report on this subject: "I read about it, I didn't know about it, he didn't even tell me about it, but he gives me $45 million a month. I talked to him not long ago. And he didn't even mention it." In fact, Musk's increasing tendency towards Trump is considered to contradict his own interests. In fact, during Saturday's rally, Trump made clear that he thought electric cars were incredible but not for everyone, saying, "Some people have to travel long distances, and they tend to be more expensive," making statements that were not very helpful to Musk's Tesla company.
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The Investor, Who Knows That Bitcoin Will Rise to 60 Thousand Dollars in 2024, Shared His New BTC Prediction! Nigel Green, CEO of the UK-based giant financial company deVere Group, stated that the demand for the leading cryptocurrency Bitcoin (BTC) will continue to increase in the coming months and the BTC price will reach $ 100,000 by the end of the year. Nigel Green stated that the maximum Bitcoin supply is at the limit of 21 million BTC and that Bitcoin is currently the best investment. Successful businessman Green, who recently made a statement, said the following about Bitcoin: “Bitcoin is probably the best asset right now in terms of growth potential for the rest of the year. It costs $60,000 but many expect #BTC to reach $100,000 by the end of the year. Is this possible? This is quite possible since the number of Bitcoins is limited. So if the demand for BTC increases, the price will also increase. “Bitcoin is definitely not the same as US dollars that the Fed can print every day.” The successful investor also stated that the election of Donald Trump as the President of the United States could benefit Bitcoin; #Trump has repeatedly made statements supporting the leading cryptocurrency and other digital assets recently. It should not be forgotten that Nigel Green, CEO of the financial company deVere Group, predicted that Bitcoin would quickly rise to $60,000 at the beginning of the year, and he was successful in his prediction.
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