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@masoudn

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masoud 🎩 🔵 🐹
@masoudn
Crypto volatility may spike if US election is ‘too close to call’ —FalconX An analyst warns that “volatility” could emerge if the US election results are close, but traders will be relieved once it's over, giving the market “firmer ground.” While many crypto traders are trying to speculate the market’s direction based on the outcome of the upcoming United States election, one analyst warns that a close showdown between the presidential candidates could also trigger some unexpected volatility. “Additional volatility, however, could emerge if results are too close to call and it takes too much time to reach an outcome,” FalconX head of research David Lawant opined in a Nov. 1 market report.
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Ignoring blockchain may cost politicians at the polls — Digital Chamber CEO As US elections approach, crypto advocates warn that opposing blockchain could be as shortsighted as resisting the internet in the 90s, potentially costing politicians key support. Blockchain proponents argue that being anti-crypto is akin to being anti-internet in the 1990s, meaning against technology that will disrupt the world regardless of whether politicians support it. In the 2024 United States presidential election, being hostile to the blockchain industry is becoming increasingly expensive in terms of voting, according to Perianne Boring, founder and CEO of advocacy group The Digital Chamber.
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@masoudn
Check your $DEGEN Stats. Frame by @nikolaiii 🚀
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Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’ The main supporter of the Ethereum network has been in an ongoing battle with the Securities and Exchange Commission who most recently alleged the company of operating as an unregistered broker. By Helene Braun
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BTC ETFs on the Brink of a Major Milestone Amidst Record Inflows appeared first on Coinpedia Fintech News In the latest X Post, Nate Geraci, the President of ETF Store, has drawn special attention to BTC ETFs, noting that the Bitcoin exchange-traded funds (ETFs) are closely approaching 1 million Bitcoins in total holdings as they are just about 23,000 away from holding 1,000,000 BTC. The ETFs would need to take in $1.55 billion in net inflows at current prices to buy the additional 23,107 Bitcoin and reach the milestone. Strikingly, Bitcoin ETFs recorded a total of $988 million worth of inflows last week. BlackRock’s record-shattering IBIT witnessed a massive $1.15 billion worth of inflows in just a single week. Notably, these positive ETF flows have coincided with Bitcoin’s remarkable price recovery. While the spot Ether ETFs managed to attract only a small part of these inflows ($78.89 million).
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Just collected my 3 Years of Guild 🎉 NFT! guild.xyz/our-guild/collect/base_mainnet/0x26fe7c873b092bf2078331060b1c9686fa6053b1
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Crypto altcoin seasons will probably keep coming, much to the delight of speculative crypto punters, but the intensity of returns will taper off as the market matures, according to a crypto analyst. “Alt seasons will be weaker each cycle on from the great 2017 alt bubble,” pseudonymous crypto trader Willy Woo opined in an Oct. 26 X post, referencing the year when the “boom” of initial coin offerings (ICOs) — a way to raise capital for a project by selling cryptocurrencies — began.
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View your Daily Degen Stats in this frame and cast action by @sgniwder!
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Market sentiment was generally bearish for altcoins in Q3, with Bitcoin [BTC] dominance rising to around 57%, recording a new all-time high. The Altcoin Season Index currently reads 35, after hitting its lowest-point in mid-August. Typically, altcoins tend to perform well after Bitcoin dominance peaks. As Bitcoin captures market share early in a cycle, capital often shifts to altcoins once BTC dominance begins to fade. This cycle benefits altcoins, as investors seek higher-risk, higher-reward assets. From a statistical standpoint, Bitcoin’s market cap would need to grow by approximately $280 billion to fall within the 62%-70% range for an altcoin season to kickstart. This growth is likely to occur when BTC hits $80K, among various other metrics.
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Check Your User Stats. Frame by @nikolaiii 🚀
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In the legal battle between Ripple and the United States Securities and Exchange Commission, the SEC has filed the Civil Appeal Pre-Argument Statement (Form C) with attachments this week. ADVERTISEMENT Notably, the document filed by the SEC was dated Oct. 16, but the court's file stamp marks the document as received Oct. 17, leading to questions about the significance of these dates and the appeal deadline. The SEC's filing of the Form C civil appeal is a crucial step in its efforts to contest the July summary judgment ruling in favor of Ripple, viewed as a landmark decision for the crypto industry
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Bitcoin Dominates as Best-Performing Asset Despite Bitcoin continues to prove itself as a standout asset, offering remarkable returns even amidst its notorious volatility, according to a new report by the New York Digital Investment Group (NYDIG). In an analysis, Greg Cipolaro, NYDIG’s Global Head of Research, noted that Bitcoin’s performance “stands apart from the crowd” when evaluated using the Sharpe ratio, a popular metric in finance for comparing returns relative to risk.
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/co airdrop
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MicroStrategy, the largest corporate reserve holder of Bitcoin with over $14 billion worth, announced Monday that it plans to buy even more Bitcoin as part of a private offering of $700 million worth of convertible senior notes. The firm said that it will use proceeds from the sale to redeem $500 million in previous senior secured notes that are due in 2028, with an expected total cost of $523.8 million including interest. MicroStrategy then plans to use any remaining proceeds to purchase more Bitcoin and for general corporate purposes. MicroStrategy now holds 244,800 Bitcoin—about $14.2 billion worth—after announcing its most recent purchase on Friday.
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The post Whale Withdraws Over 3,900 Bitcoins From Binance Within Days! appeared first on Coinpedia Fintech News Reportedly, a whale/institute has withdrawn 3,933 BTCs worth $234 million from Binance since 29th August. Notably, the average withdrawal price of Bitcoin was $59,591. Moreover, the latest withdrawal was recorded about 6 hours ago. Further, this accumulation was recorded after the whale had reportedly dumped 7,790 BTCs worth $467 million to Binance with an average price of ~$59,953. This transaction was recorded between 27th June and 8th July. Currently, the whale/institute has a holding of 10,491 Bitcoins worth $630 million.
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co/airdop
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/co airdrop
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hello everyone
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