PRO100DCX

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🚀 Ethereum Holder’s $38K Investment Turns into $30M After 8 Years! An Ethereum whale who bought over 11,000 ETH for $3.46 each in 2016 has turned their $38,000 investment into a massive $30 million! As Ethereum rallied to $2,880 on Nov. 7, the whale moved their holdings, realizing an 800x profit. This incredible return showcases the power of long-term holding in crypto. Key Highlights: - Initial Investment: 11,005 ETH purchased for $38,000 in 2016 at $3.46 per ETH. - Current Profit: The whale’s ETH was moved at $2,777, totaling a staggering $30.5 million. - Missed Peaks: Had the whale sold at ETH’s all-time high of $4,800, they would’ve walked away with $52.8 million!

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🚨 Warpcast Update Sparks Backlash: Platform Becoming Less User-Friendly? The recent Warpcast update, which deleted all user posts and automatically blocked posting in channels that users were previously subscribed to, has left many feeling frustrated. For everyday users, it seems like each new update is restricting more and more features, turning the platform into something far less welcoming and interactive. Key Concerns: * User Posts Deleted: All posts wiped out without warning, erasing months of contributions. * Posting Restrictions: Channels that users were actively part of now block them from posting, reducing engagement. * Growing Disconnect: Each update appears to limit users’ freedom and features, creating an atmosphere that feels discriminatory. As Warpcast continues to make these changes, many believe the platform is becoming a shadow of what it once was — more restrictive, less friendly, and pushing users away. What once promised innovation now feels like a platform in decline.

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🔍 "Ancient" Bitcoin Whale Moves $3.58M BTC Mined in 2009 A mysterious Bitcoin whale who mined BTC in the network’s first two months has sent $3.58 million worth of Bitcoin to Kraken since Sept. 24, according to blockchain data firm Arkham Intelligence. The whale's wallet, inactive for nearly a decade, holds over 1,100 BTC, worth around $72.4 million. Key Highlights: · First BTC Mined: The whale’s Bitcoin was mined in February/March 2009, just one month after Bitcoin’s launch. · Dormant Wallet: After being active between 2011-2014, the wallet remained dormant for almost 10 years, with its value skyrocketing from $474K to over $80M. · Speculation on Satoshi Nakamoto: This movement has renewed curiosity about the identity of Bitcoin’s creator, as HBO prepares to release a documentary on Oct. 8, which claims to reveal who Satoshi Nakamoto is.

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🔍 Why is Ethereum (ETH) Down Today? Ethereum (ETH) has dropped by 6%, falling below $2,500 due to heightened geopolitical tensions, especially in the Middle East. This decline is part of a broader market sell-off, as risk assets, including crypto and U.S. equities, saw pullbacks. Key Factors: 🟢 Geopolitical Fears: Investors shifted to safer assets like gold, which saw a 1.3% rise, while oil prices spiked 5%. 🟢 Liquidation Event: Over $100M in long positions were liquidated, adding further sell pressure. 🟢 Correlation with U.S. Stocks: ETH maintains a high correlation with the S&P 500 and Dow Jones, contributing to the decline. However, ETH is now in the "golden zone," a key area for high-time-frame (HTF) swing traders. If ETH resumes its uptrend, this could be a strategic entry point for long positions, with potential for a rally above $2,728.

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Republicans or Democrats? Who is better for Bitcoin? Uncertainty is in the air. And this is not the best time to take risks. Some say that under Trump, Bitcoin will reach $100k. Others believe that under Harris, Bitcoin's fate is doomed to drop toward $30k. But is it really that important who will be in charge when it comes to cryptocurrencies, which are inherently risky assets? What does history tell us? Regardless of the next president, one trend seems inevitable: interest rates are going down. Both Trump and Harris are likely to support a policy that continues borrowing cheaply, flooding the markets with liquidity. These "cheap money" policies could boost Bitcoin's growth (and other cryptocurrencies accordingly), especially given that fiat currencies like the dollar, yen, and euro continue to lose purchasing power. And the elections are already in November. Certainty will come, and so will Santa.

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What makes you feel better personally?

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🚀 Bitcoin Set to Skyrocket to $64K 'Very Quickly' Thanks to Fed Rate Cuts! Bitcoin (BTC) could soon reclaim its $64,000 price level as the United States Federal Reserve prepares to lower interest rates, according to a report by Capriole Investments. Founder Charles Edwards believes this macroeconomic shift, combined with Bitcoin’s natural market cycles, is setting up BTC for a major breakout.

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🚀 Bitcoin Reclaims $60K — Why “This Time Is Different” According to Analysts! Bitcoin has surged past the $60,000 mark for the first time in two weeks, and analysts are saying “this time is different.” Crypto expert Rajat Soni highlights that unlike 2021, when retail investors dominated the market, institutional players are now stepping in. He warns: “If you’re selling now, be prepared to pay much more to buy back.” Bitcoin’s price is currently $60,596, up 4.25% since Sept. 12. Analyst Jelle believes Bitcoin might defy its usual September slump, marking only the fourth green close for the month in its history. With Bitcoin’s market dominance at 57.80%, it seems poised for even more gains. Reflexivity Research co-founder Will Clemente notes early bullish signs in the technicals, signaling a potential breakout for altcoins.

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🎯 Bitcoin’s ‘Final Dip’ Before October Breakout: Analysts Eye a Bull Run! According to crypto analysts, Bitcoin is gearing up for a significant breakout in October, but not before one last dip. The price could correct to around $51K, setting the stage for the next leg up in the bull cycle. Popular analyst Mags shared that "Bitcoin’s uptrend since February 2024" may soon experience a final correction, with key levels between $54K and $54.5K marked by CME gap analysis as potential support zones. Titan of Crypto also predicts that the current consolidation phase is about to end, possibly leading to a strong upward move in October, a historically bullish month for Bitcoin, boasting an average return of 22.9%. Why October? Not only does Bitcoin tend to perform well in October, but previous halving cycles have also seen Bitcoin enjoy "three consecutive months of growth", starting in October and extending through November and December. Could this be the moment you’ve been waiting for?

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September is historically not an alpha month. But what’s also interesting is the rolling maximum drawdown over 30 days from the September low, broken down by years. 🟢 The most optimistic forecast aligns with the 2016 deviation of 10+%, which would bring the BTC price down to $52,727. 🟢 In the 2023 model, it’s predicted that the price will reach $48,759. 🟢 In the pessimistic scenario of a 2017 repeat, it would be very painful. The BTC price would drop to $34,873. 🟢 But guessing which year we might repeat is a very uncertain endeavor. In this case, I would look more at 2019-2020. Or better yet, build an average, which would give us a forecasted price of $44,204. By the way, there’s also a horizontal level in this zone—what a coincidence...

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Bitcoin Approaching Prime Buying Opportunity? Puell Multiple Says Yes! A key Bitcoin on-chain indicator is flashing signals that could mean a favorable buying opportunity is on the horizon. According to CryptoQuant analyst Grizzly, the Puell Multiple index—a metric used to assess miner selling activity—has dipped into a critical "Decision Zone." If it falls below 0.6, history suggests it might be an ideal moment to buy. Currently, the Puell Multiple sits at 0.69, not far from this key threshold. Analysts point out that the last time Bitcoin was in this zone, it led to strong reaccumulation opportunities. Bitcoin is trading around $58,400, and with the recent pullback, some traders see this as the second-best chance to accumulate before the next big wave. Could this be your last opportunity to buy before Bitcoin takes off again? Some analysts think so, but others caution that Bitcoin may continue to consolidate through September, with a breakout likely in October.

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Justin Sun Channels SBF Energy: SUN Token Surges 240% 🚀 Tron’s founder, Justin Sun, isn’t shy about challenging the skeptics. After a 240% rally in his SUN token this August, Sun took to X to taunt the bears, reminiscent of Sam Bankman-Fried’s famous “Sell me all you want” SOL post in 2021. SUN is now the top utility token on the Tron network’s new memecoin platform, Sun Pump, flipping Solana’s Pump.fun in daily users and revenue. Despite a rocky crypto summer, SUN’s meteoric rise echoes the early days of Solana’s explosive growth. With SUN up 580% over the past year, one has to wonder: Could this be the beginning of another altcoin giant? Or are we witnessing the same high-risk, high-reward dynamics that defined FTX and Solana’s earlier days? 💰

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🚨 Where’s the Altcoin Season? It Might Be a While… Many traders are anxiously waiting for altcoin season, but it may not arrive as expected. According to Glassnode’s lead analyst James Check, the problem lies in traders jumping straight to memecoins like PEPE instead of letting the market flow naturally. "In past cycles, memecoins surged at the end, but now everyone’s rushing straight to the punchline," Check notes. The frenzy around quick profits has disrupted the usual market rhythm, leaving a gap where other altcoins should have shined. Despite this, some believe the current dip in altcoins could be a sign of major gains ahead. As crypto trader Luke Martin said, “Altcoins are at the ‘sell your house to buy more’ level.” If history repeats, we might see a vertical price surge just like Bitcoin in 2020. 🌕

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Gavin Wood’s Vision: Free Crypto Transactions for All. Gavin Wood, co-founder of Ethereum, Polkadot, and Kusama, has a bold vision: making Web3 and cryptocurrency accessible to everyone, free of transaction fees. Speaking at the Web3 Summit in Berlin, Wood emphasized the need to “divorce Ethereum from Ether” to onboard 6 billion Web2 users into the Web3 space. Wood’s innovative projects, like the proof-of-ink individuality solution, are paving the way for a fee-free future. His guiding star? Polkadot’s JAM chain, which is already making strides in reducing transaction fees. For Wood, the ultimate goal is clear—make Web3 a global public good. Are we ready to take this revolutionary step?

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