#ETH Many people are interested in ethereum and to be honest it’s very weak right now! We are still stuck under the major resistance zone. Until we flip the zone it will be chopped.

Not recommended to get into #ETH, we will notify you when it’s time.

https://www.tradingview.com/x/wiCYbsvk/

On 27 September, total net inflows into spot Bitcoin-ETFs were $494.2 million

Ethereum-ETF spot Ethereum-ETFs raised $58.6 million.

Sigma crypto chad

‘Inverted head and shoulders’ on the chart

Such a figure was noticed by crypto trader Ash Crypto, which signals a potential reversal to price growth.

He expects the first cryptocurrency to make a significant breakout in October and a new high before the end of the year. A ‘tremendous alt season’ will then follow, Ash Crypto predicts.

Sigma crypto chad

Every time after the green September, BTC grows for the next 3 months

That's what we'll check out soon.

Sigma crypto chad

Tether helped freeze $6 million of crypto fraudsters

Tether helped the U.S. Department of Justice seize more than $6 million in assets linked to Southeast Asian cryptocurrency scammers.

The scammers were operating a ‘scheme of trust’ by mimicking legitimate digital currency platforms.

Sigma crypto chad

A year ago, the author of the VIP Sigma Crypto Chad channel gave his subscribers 4 coins and invested $100 in each one together with them, and now it's time to sum up the results.

SUI $100 - $400
TON $100 - $390
NEAR $100 - $500
PENDLE $100 - $630

And these are just 4 coins out of the many we analyzed on the VIP Sigma Crypto Chad channel.

On October 10, we will release a new list of coins for 2024. Hurry up to find out and invest before the coins take off to the moon!

P.S. Those who didn't make it, missed out, sorry 🤷‍♂️👇🏼
https://t.me/+7uEh5Tx2eDA2NDM0

Cryptocurrencies ahead of the stock market

Digital assets continue to overtake the stock market. This follows from a report by investment company Canaccord.

Bitcoin is up about 140 per cent over the past year, Ethereum is up 60 per cent, while the S&P 500 index is up almost 30 per cent.

‘If bitcoin follows historical patterns, it typically rises 6-12 months after halving, meaning a potential rally could start between now and April,’ Canaccord noted.

Sigma crypto chad

#BTC Chads, I hope you listened to us and didn’t fall for optimism the last time! The market looks shaky and giving us better entries. It’s not time for longs yet, expecting to see the lower prices in the near future

The next weekly pivot is 21st of October and I don’t expect growth until then

https://www.tradingview.com/x/Gp0uVC39/

Sigma Crypto Chad

Gurbir Grewal steps down as director of the SEC's Division of Enforcement

Grewal's deputy, Sanjay Wadhwa, will become acting head of the division effective 11 October 2024. His position will be temporarily filled by General Counsel Sam Waldon.

Cumulatively, Grewal has opened 2,400 administrative cases involving securities law violations that have generated more than $20 billion in illicit gains recoveries, civil penalties and pre-trial settlement payments. The Commission also awarded more than $1 billion in whistleblower rewards.

However, Grewal's departure won't change the Commission's aggressive approach to regulating the industry, experts say.

Sigma crypto chad

Don’t want to scare you but the chances to go below 50K$ in this market structure are extremely high

New Binance report on Ethereum issuance growth

The rise in issuance to 0.74% p.a. calls into question the cryptocurrency's deflationary prospects and its hard money status.

Experts have pointed to a shift of network activity to L2, resulting in fewer transactions at the base level and lower burn rates.

Sigma crypto chad

In the new year, banks in North America, Europe and Asia will begin testing transactions with digital assets through the SWIFT network

The international payments system will provide financial organisations with tools for cross-border payments in cryptocurrencies and CBDC, according to a press release.

"For digital assets and currencies to succeed globally, the ability for them to seamlessly coexist with traditional forms of money is critical," said Tom Zschach, director of innovation at Swift.

Sigma crypto chad