Crypto soothsayer
968K subscribers
3.53K photos
141 videos
2.27K links
Current news from the world of cryptocurrencies and market analysis. Read us and have up-to-date information! We are open for cooperation: https://t.me/kryptoadv
Download Telegram
Tether vs. The Wall Street Journal!

πŸ‘€ Yesterday, The Wall Street Journal claimed the U.S. is investigating Tether over sanctions violations and money laundering concerns.

Tether’s CTO Paolo Ardoino quickly responded, denying any signs of an investigation, and noted he had informed WSJ reporters of this earlier. 🀷

πŸ“ On their website, Tether published a statement calling WSJ’s reporting β€œirresponsible,” accusing them of basing their claims on rumors from unnamed sources. Tether also pointed out that the article ignored their track record of collaboration with law enforcement and freezing criminal wallets.
πŸ‘10πŸ‘2
πŸš€ While the market was hit by Tether FUD and Bitcoin briefly dropped to $65,500, over in Lugano, Switzerland, there was no time for gloom: they sent a symbolic Bitcoin rocket… made of drones, straight to the Moon! ✨

Looks like Lugano has decided that if the price won’t take Bitcoin to new heights, the drones surely will! πŸ˜ƒπŸ“ˆ
😁12πŸ‘4πŸ”₯3❀1πŸ₯°1
Crypto soothsayer
πŸ₯· A new statue honoring Satoshi Nakamoto, the creator of Bitcoin, has been unveiled in the city of Lugano, Switzerland.
This media is not supported in your browser
VIEW IN TELEGRAM
πŸ“ΉHere's a more detailed video of the Satoshi Nakamoto monument.

The concept is very futuristic. Looks cool, right? πŸ”₯
πŸ”₯29❀7🍾4πŸ—Ώ3πŸ‘2
Bitcoin started the workweek with a rise above $68,000. πŸ“ˆ

The BTC price has returned to Friday, October 25th levels, recovering the weekend’s losses. 😎
πŸ‘17❀1
😱 The well-known trader James Fickel "took a loan" on Aave and lost $55 million in a single trade. Now he’s not only "in the red," but also owes 980 WBTC (almost $132 million)! πŸ’Έ

πŸ“‰ When it feels like your futures trade is going south, just remember James and take a deep breath. Maybe his story will save you from rash decisions? 😳

πŸ’¬ Do you still think taking a loan for trading is a good idea?
😱12πŸ‘5😁4πŸ€”4❀1
πŸ“ˆ This weekend, $BTC’s dominance hit a fresh high of 59.75%, while ETH/BTC fell to April 2021 levels at 0.03625.

πŸ“Š Since the beginning of the year, Bitcoin has surged 1.5x, smashing through ATH in March, while many alts have slipped back to last year’s levelsβ€”or lower. Rumor has it, the days of altseason are over, with the spotlight now on Bitcoin, held by big funds with even bigger wallets. πŸ‘€

πŸ€” So, is this a paradigm shift, or do we just need to be a little more patient?

πŸ”₯ "Just wait, altseason is around the corner."

πŸ‘ "Classic altseason is over; meme coins had their day."

πŸ˜‚ "I’m tired of waitingβ€”heading to OnlyFans, the real goldmine!"
πŸ‘14πŸ”₯8
πŸ” The investment fund Capriole Investment notes that a breakout of resistance has already formed on the chart of aggregate balances of spot Bitcoin ETFs, which they tend to view as ahead of time indicator for the BTC price chart. πŸ“ˆ
πŸ‘11😱1
Ethereum Eyes $6K Despite October Slump! πŸš€

Ethereum's price has dropped 5.4% since the start of the month, but several indicators suggest it’s gearing up for a rebound to $6,000, according to Cointelegraph analyst Yashu Gola.

ETH might be closing its first losing October since 2018, driven by rising competition from platforms like Solana and weak market response to ETH spot ETFs. Still, Ethereum is holding above the critical $2,400 support level.

What could push ETH to $6K?

1️⃣ Strong Support β€” previous rebounds from this level saw gains of up to 160%.

2️⃣ Institutional Moves β€” a $1.3B ETH withdrawal from Coinbase hints at long-term interest.

3️⃣ Capital Rotation β€” Solana may have β€œoverheated,” positioning ETH to lead an altseason.

Will ETH reach $6K by 2025? All signs point to a potential lift-off! πŸŒ•
πŸ‘13❀7
πŸ”‹ Bitcoin's energy value has reached $100,000 for the first time in history! πŸ“ˆ

⚑️Energy value is a metric proposed by Capriole Investment that measures BTC's value in joules (the amount of energy required to produce the electricity needed to support mining).
❀7πŸ”₯5πŸ‘2
πŸš€ Bitcoin has reached $71,000 for the first time since early June!

Just a bit more to a new ATH 🫠
πŸ”₯12πŸ‘3
October did redeem itself in the end, partially meeting expectations, though it certainly tested our nerves. πŸ“ˆ

But unfortunately, it didn’t turn into an "Uptober" for altcoins. Will "Moon-vember" make up for it? πŸš€
πŸ”₯10πŸ‘6
"Is Vitalik Buterin retarded?" asks one crypto enthusiast after yet another article from the Ethereum creator about The Splurge stage.

Vitalik himself replies, "Yes." πŸ•Ί
❀7πŸ‘7πŸ€”2
πŸ‡§πŸ‡Ή The Government of Bhutan Sells Bitcoin!

In the last hour, Bhutan transferred 929 BTC (worth $66 million) from its wallets to Binance. Currently, they still hold 12,456 BTC (about $886.8 million) on their balance.

What’s behind this massive sell-off? πŸ‘€ Stay tuned for updates!
❀10πŸ‘6πŸ‘Ύ4πŸ”₯1
MicroStrategy Stocks Outpacing Bitcoin Growth! πŸ“ˆ

In October, MicroStrategy's shares surged another 60%, tripling in value since the start of the yearβ€”outperforming Bitcoin itself! Just last week, MSTR jumped over 10%, reaching $255. πŸš€

MicroStrategy's all-time high was $333 back in 2000, but it wasn’t until 2020β€”when the company began stacking Bitcoinβ€”that the stock started climbing again.

Now, MicroStrategy is the largest corporate BTC holder globally, with 252,220 BTC on its balance sheet, bought at an average price of $39,266 per coin. πŸ’°
πŸ‘16
πŸ‡¨πŸ‡³ China Prepares Massive $1.4 Trillion Stimulus Package!

China’s top legislative body will meet from Nov 4-8, weighing a potential $1.4 trillion fiscal stimulus package to bolster the economy and manage local debt risks. The package could grow if Trump wins re-election, as Beijing anticipates heightened economic pressures. πŸ’°

The plan marks one of the biggest stimulus moves since the pandemic, potentially reshaping China’s economic landscape! 🌐

Arthur Hayes predicts that this flood of new yuan will push Bitcoin to soar, as Chinese citizens use the decentralized asset as a hedge against currency devaluation and rising inflation.πŸš€
πŸ‘20πŸ₯°1
Bitcoin advisor to the president of El Salvador, Max Keiser, claims he advised Peter Schiff to buy Bitcoin at various stages: at $1, $10, $100, $1,000, and $10,000. Now, all Schiff can do is watch as BTC approaches another all-time high and just spit venom.😬

Soon, it may be time to tag him again when Bitcoin hits $100,000 β€” just to remind him of the missed chances! πŸ˜‚
😁13πŸ‘8πŸ”₯4πŸ‘3❀1
Bitcoin is nearly $73,000, just 1.2% away from its ATH!

According to Peter Brandt, the target for this cycle is $160,000. πŸš€
πŸ‘14πŸ”₯6❀2
πŸš€ Yesterday, Bitcoin hit a local peak above $73,000, coming within $200 of a new ATH!

Although the price has slightly corrected, there’s a high chance we’ll see a new ATH today (Binance's ATH is $73,777).

Against several currencies, including the Canadian dollar, Mexican peso, Argentine peso, and Russian ruble, Bitcoin already reached record highs. πŸ”₯

Meanwhile, the Fear & Greed Index has surged to 77 β€” extreme greed mode! Looks like everyone’s ready to buy! πŸ˜ƒ
❀8πŸ”₯4πŸ‘3
Spot Bitcoin ETFs are seeing the strongest inflow in BTC terms since March 2024! πŸ’ͺ

Just yesterday, U.S. spot Bitcoin ETFs attracted $870 million β€” the third-largest inflow since their launch. πŸ’°

Currently, Bitcoin ETF issuers are holding BTC worth $72.5 billion.
πŸ‘15
Is the Next Bitcoin Peak Between $174K and $462K? πŸš€

Historically, Bitcoin has reached its bull cycle peaks between the 1.618 and 2.272 Fibonacci retracement levels. Following this trend, the next BTC top could be anywhere from $174,000 to a whopping $462,000! πŸ€‘

With BTC above $72K and a new ATH expected soon, all eyes are on these Fibonacci targets for the next bull run. Buckle up! πŸ“ˆ
πŸ‘15❀5πŸ”₯3