Droppers of btc
@drop_bitcoin
64.7K subscribers
553 photos
49 videos
723 links
Latest cryptonews today!
Best promotion here: @attackerme
Download Telegram
About
Blog
Apps
Platform
Join
Droppers of btc
64.7K subscribers
Droppers of btc
🪙 Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound Ahead of US Consumer Confidence Data

👉 Bitcoin rebounded from a multi-week low on Tuesday, as markets awaited the latest consumer confidence report in the United States. The latest figures from the Conference Board are expected to show a slight decline, with a reading ofи This will be down from 106.1 the month prior.

➡️ Bitcoin was back in the green on Tuesday, as its price rebounded from a multi-week low during yesterday’s session. BTC/USD peaked at $26,421.51 earlier today, which comes following a low of $26,011.47 the day prior.

⚫️ Monday’s low saw the world’s largest cryptocurrency trade at its weakest point since September 13, after dropping below $25,800. From the chart, it appears that the rebound in price came as a result of the relative strength index (RSI), finding a floor of its own at 45.00.

💲 As of writing this, price strength is now tracking at 45.84, with the next visible point of resistance at the 55.00 mark. Should bulls reach the 55.00 level, there is a strong possibility that BTC will move close to the $27,000 zone.

🔷 Ethereum (ETH) also rose higher on Tuesday, after dropping to a key point of support to start the week. Following a low of $1,565.03 on Monday, ethereum rallied to an intraday high at $1,598.10 less than 24 hours later.

❕ Not only did ETH bulls reject a breakout below a floor at $1,565, but also used this as a point of reentry, buying the dip in price. Similar to bitcoin above, the surge came as a floor of the RSI also held firm, acting as a springboard for traders.

💲 ETH continues to hover below the $1,600 level, however, this could change following this afternoon’s consumer confidence report.
Please open Telegram to view this post
VIEW IN TELEGRAM
15.7K views
Droppers of btc
💰 Bitcoin, Ethereum Technical Analysis: BTC Above $27,000, ETH Reaches 1-Month High

➡️ Bitcoin continued to trade above the $27,000 level on Friday, after a surge beyond this point towards the end of yesterday’s session. Ethereum rallied to a one-week high. Bitcoin remained above the $27,000 level on Friday, following a late rise in bullish sentiment towards the end of Thursday’s session.

💵 Following a low of $26,424.95 on Thursday, BTC/USD raced to an intraday high of $27,259.50 earlier in the day. As a result of the move, bitcoin rose to its highest level since September 20, when price peaked at $27,393.00.

🪙 Bitcoin chart by TradingView

⚫️ However, earlier gains have since edged lower, largely due to a collision which took place on the relative strength index (RSI). Looking at the chart, the index was unable to push past a resistance level of 58.00, and has since fallen to a reading of 56.57.

⚫️ Traders could be awaiting the release of this afternoon’s consumer sentiment report in the United States, prior to deciding their next move.

🔷 Ethereum chart by TradingView

⚫️ Ethereum (ETH) continued to trend higher on Friday, breaking out of a key resistance level in the process. ETH/USD peaked at $1,687.28 earlier in today’s session, which comes a day after trading at a low of $1,620.68.

⚫️ This surge has resulted in ethereum climbing over a long held ceiling at $1,670, hitting a one-month high in the process. The latest uptrend coincided with the relative strength index moving beyond a ceiling of its own at 57.00. It is now tracking at 58.61.
Please open Telegram to view this post
VIEW IN TELEGRAM
14.6K views
Droppers of btc
🇰🇿 Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus

➡️ Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year, warned the members of the industry.

💲 Crypto mining businesses, authorized to operate in Kazakhstan, have complained about the high production costs since the government limited their access to subsidized electricity and imposed a progressive scale for a surcharge they are required to pay for the power they use.

📝 The miners highlight that their activities are carried out under license, their data centers are legally connected to the power grid and their computing equipment is duly registered.

❕ The crypto firms also point out that they have voluntarily cooperated with the government in its attempt to regulate the market but noted that the positive effect of this is being undermined by the “ineffective and unbalanced” tax policy, Kazakhstan’s Digital Business news portal reported.
Please open Telegram to view this post
VIEW IN TELEGRAM
14.8K views
Droppers of btc
✔️ South African Crypto Exchange Valr Receives 'Initial Approval' From Dubai Virtual Assets Regulator

🌟 The South African cryptocurrency exchange, Valr, recently said it had “won an initial approval” from Dubai’s crypto assets regulator, the Virtual Assets Regulatory Authority (VARA). According to the crypto exchange, winning this approval is a critical step for Valr which is seeking to establish a presence outside South Africa. The approval however does “not allow Valr to undertake any virtual asset services yet.”

🌐 Explaining the rationale behind the decision to seek an operating license from VARA, the crypto exchange’s CEO Farzam Ehsani highlighted VARA’s role as a world-leading regulator and his firm’s desire to reach a more global audience.

❕ “For the past 5 years, VALR has been working closely with regulators to inform regulatory frameworks that protect the public while allowing responsible innovation to flourish. This initial approval from VARA is a significant milestone for VALR to bring our products and services to a more global audience under the auspices of a world-leading regulator,” Ehsani said.

💰 Commenting on Valr’s pivot to the Middle East, the crypto exchange’s Head of Growth, Blake Player, cited the region’s significant crypto flows and in particular Dubai’s growing reputation “as a forward-thinking and pragmatic jurisdiction.”

❕ “Setting up in Dubai provides an excellent opportunity to serve the regional market and a global customer base from a crypto and business-friendly jurisdiction,” Player added.
Please open Telegram to view this post
VIEW IN TELEGRAM
16.1K views
Droppers of btc
📉 The Rise and Retreat: Bitcoin’s Ordinal Inscription Wave Ebbs

➡️ With more than 35 million Ordinal inscriptions now on record, the inscription surge we’ve been witnessing is showing signs of slowing. Following that day, inscriptions skyrocketed at a significant pace.

💲 However, merely ten days later, the landscape shifted dramatically. Moreover, inscribers are shelling out fewer fees to miners. As of now, miners have pocketed approximately 2,120.92 BTC, translating to around $59 million, from processing inscription transactions. Close behind, 42.4% are labeled “text/plain,” adding up to about 14.93 million inscriptions.

🔴Ordinal inscription sales have taken a notable dip, with a marked drop in sales since the close of June.

❕Yet, there’s a silver lining. The BRC20 token market has experienced a modest uptick of about 3% this week, reaching a value of $180.31 million. However, the lot of BRC20s today have lost 0.6% in 24 hours.
Please open Telegram to view this post
VIEW IN TELEGRAM
14.5K views
Droppers of btc
🔷 Standard Chartered’s Research Predicts Ethereum to Hit $8K by 2026 and Eyes $35K Long-Term

📈 After the financial behemoth’s prior forecast of bitcoin (BTC) potentially hitting $50K by year-end and surging to $120K in 2024, Geoffrey Kendrick and his team at Standard Chartered are back with a new report, this time spotlighting ethereum (ETH).

👉 Notably, this $8K projection is merely a precursor to the bank’s ambitious long-term forecast of an ether valued between $26,000 and $35,000.

🌟 Yet, it’s worth noting that while the $8K estimate is slated for 2026’s conclusion, the grander valuation is pegged for 2040.

⚡️ Standard Chartered’s forex and crypto research lead further opined that U.S. regulations around spot exchange-traded fund (ETF) potentials will likely fortify both BTC and ETH.

💬 “The gap between traditional finance and the digital world is narrowing by the day,” Eric Robertsen, the global head of research and chief strategist for Standard Chartered said at the time.
Please open Telegram to view this post
VIEW IN TELEGRAM
16.1K views
Droppers of btc
🇳🇬 Nigerian Central Bank Lifts Forex Restrictions on 43 Items — Market Forces to Determine Exchange Rate

🏦 The Central Bank of Nigeria (CBN) announced on Oct. 12 that it had lifted foreign exchange restrictions “hitherto placed on the importation of 43 items.”

💬 In a statement that addresses why the restrictions (initially imposed on June 23, 2015) have been removed, the CBN claimed the measures were forcing importers to source the scarce resources on the parallel market.

💲 On the parallel market where the greenback was, and still is widely available, importers were forced to pay premiums starting from 20% to get U.S. dollars. Some experts on the Nigerian economy insisted then that the official exchange rate greatly overvalued the local currency.

❎ However, immediately following his inauguration as Nigeria’s new leader, Tinubu reportedly ordered the CBN to abandon the fixed exchange rate regime.

➡️ The central bank, which is now led by Olayemi Michael Cardoso, said the growing gap between the official and parallel market exchange rate could well indicate that the rate “has not been setting a clearing price.”

✔️ The CBN also said the removal of the restrictions would benefit local producers in the form of cheaper imported inputs while consumers are expected to “benefit from cheaper retail products.”
Please open Telegram to view this post
VIEW IN TELEGRAM
15.3K views
Droppers of btc
Don't look for a broker anymore!

ForexChief with 24/7 English support through Website, Telegram, and WhatsApp, as well, has an English Telegram Group for discussion and signal exchanging. It also offers the following services:

🎁 $100 No Deposit Bonus (limited)

💵 Up to $500 Welcome Bonus (Double your deposits!)

💰Trading credits (up to 70% credit per deposit)

🏦 $1000 bonus for PAMM accounts (for professional traders)

💳 Various deposit and withdrawal methods as Crypto, Perfect Money, Local Bank Transfers, etc.

🧮 The narrowest spreads, including Cashback in MT4 and MT5

✅ And dozens of other special services...

For more information, join the ForexChief English group👇
https://t.me/xChief_English

Exclusive registration link to receive free $100 bonus and other services:👇
https://pro.cxchief.com/36d365
Telegram
xChief Community
🎁 $100 No-Deposit Bonus
💵 $500 Welcome Bonus
💳 Various deposit and withdrawal methods
📈Leverage up to 1:1000 with the narrowest spreads

Admin: 👇
@forexchief_bot

🌍 Registration link:
https://go.xchief.com/0f3c47
14.8K viewsedited  
Droppers of btc
An announcement about the Sundae project has appeared in the public space. Bloggers, stars and opinion leaders are discussing this project.

One of the creators of Sundae published information about the project in Telegram, and 20 minutes later Ilon Musk posted a photo of himself eating Sundae ice cream as a child. It may be a coincidence, but it could also be Musk's idea.

What's known about the project. Something partly crazy, partly grandiose is coming.

Sundae: it's a crypto-token that equates to digital art. According to the project's philosophy, without community appreciation, a Picasso painting is worthless. The value of a work of art depends on community appreciation.

Right now Sundae is available for the price of an ice cream, but in a month the token may be worth $5, and then $50, $100, $1000. With each new purchase, the "Picasso painting token" will become more and more difficult to buy. The current capitalization of the project is only $20 million.

According to the project's White Paper, Sundae holders are expected to receive multi-million dollar dividends, as well as the right to medical and legal insurance, pensions and free use of the corporation's assets.

Investing in Sundae today might be like buying McDonald's stock on the day it opened in 1940 or accidentally buying a Picasso drawing for ten dollars.

The Sundae project was created by the team behind the popular meme token Grimace, which grew in value hundreds of times in six months, making many investors millionaires.
16.4K views
Droppers of btc
🪙 Bitcoin Miners Sail Through Over 400 Difficulty Changes With 13 More Anticipated Before the Halving

📈 Bitcoin’s difficulty saw a 6.47% increase this week, surpassing the 61 trillion mark at block height 812,448. This marked the cryptocurrency’s 403rd difficulty epoch, some of which included retargets with no change. In basic terms, Bitcoin’s difficulty measures the challenge of identifying a new block relative to its easiest potential level.

➡️ This measure, denoted by a specific number, is adjusted by the Bitcoin protocol every 2,016 blocks — approximately every two weeks — based on the time taken by miners to discover those 2,016 blocks. The difficulty adjustment ensures a consistent discovery of new blocks by miners, regardless of the number of miners in the network.

⏺Notably, during its initial phase at block height 2,016, the difficulty didn’t alter due to a lack of mining activity.

👉 If these blocks are discovered quicker than this ten-minute benchmark and the block discovery rate accelerates, the difficulty escalates. Conversely, if it lags, the difficulty diminishes.

🔩 Bitcoin’s difficulty will persistently adapt, responding to the ebb and flow of miners within its network. To date, miners have amped up their hashrate, pushing it by an impressive 0.68 exahash per second (EH/s) daily. Remarkably, despite 15 difficulty increases in 2023, the hashrate still surged, tacking on an extra 194 EH/s in under a year.
Please open Telegram to view this post
VIEW IN TELEGRAM
15.2K views
Droppers of btc
🎲 TG.Casino: Presale is now live! Check out the website: https://t.me/tgcasinoofficialbot?start=DB 🎲

🔥 $TGC Presale: Staking during presale is LIVE. First phase is nearly complete so no better time than now to buy at lowest possible price. Presale buyers can also wager $TGC in the casino NOW and enjoy 25% cash back on all losses when wagering $TGC.

🚀 Why Choose TG.Casino?

📈 Buybacks: TG.Casino will use a % of profits from the casino to buy back tokens and 🔥burn 40% and 🤝 share 60% with stakers. 10x Potential!

⏰ Price Rises: The presale price rises every week! Get in early to maximise your investment

🎟 NFT: Invest $5k+ and get a high roller NFT for exclusive post launch rewards! 🌍

📈 Crypto Casino Boom: Valued at $250M and growing, crypto casinos are a rising force in the $263B global market

🎮 Game Diversity: From slots to sports betting, we have it all.

🔐 Enjoy licensed, safe, and anonymous crypto gambling.

🌍 TG.Casino: Leading the next wave of online gaming. Optimized for 1B Telegram users with a mobile-first design. Also available in the US!
16K views
Droppers of btc
🇺🇸Bank of America CEO Discusses Economic Slowdown and Fed Cutting Interest Rates

📹 The chairman and CEO of Bank of America, Brian Moynihan, shared insights on the U.S. economy and the potential Federal Reserve interest rate cuts during an interview with Fox Business on Wednesday. Moynihan detailed that according to Bank of America’s research team:

💬The economy slows down in the middle of ’24 to about a half-a-percent annualized growth for the second and third quarter, and then works its way back out. And the Fed will start cutting rates, they believe, in the middle of next year to the latter half of next year. So that’s the basic thing, what would be called a soft landing.

⚫️ The Bank of America chief then cautioned that there is a geopolitical risk, such as if the Fed tightening goes too far.

⚫️ Moynihan discussed how interest rate hikes have changed consumer and business decision-making. The Federal Reserve has raised its key interest rate 11 times since March of last year, pushing it to the highest level in 22 years.

💬 People are forgetting on the commercial side, there’s a huge impact of higher rates in terms of people’s willingness to borrow … And so lending conditions are tight, and that’s what the Fed wanted to achieve.
Please open Telegram to view this post
VIEW IN TELEGRAM
15.4K views
Droppers of btc
💰Get $1 000 000 crypto Drop

Guys, if you are still waiting for Layer0 and Starknet Drop, I want to share a hot offer - the quickest Drop Ever!

BetFury crypto entertainment platform celebrates its 4th Birthday. They will drop $1 000 000 among all users.

How to get the Drop?
⊳ Be registered on betfury.io
⊳ Be an active user(make at least 5$ deposit and make several bets)
🎁The Big Birthday Drop will share 100% of active users

🔗Claim here:
https://betfury.tv/bitcoin-drop

⏰Guys, hurry up! Time is limited. I’m definitely IN deal, will play some Crash.
PS: I am waiting for the Drop in one week
15.3K views
Droppers of btc
💸 Report: Operators of Central African Republic-Based Crypto Investment Firm Disappear With $1.6 Million

🔥 The operators of a Central African Republic (CAR)-based cryptocurrency investment company, Clé du Succès, are accused of defrauding investors of approximately $1.6 million or one billion CFA francs, a report has said. The company, which only began its operations in September, is said to have abruptly closed shop on Oct. 8 leaving both investors and employees uncertain about the fate of their investments and jobs.

➡️ According to a report, Clé du Succès, which is a duly registered company and has been issued with a tax identification number, lured prospective investors with the promise of a 20% return on investment. The report added that some victims of the apparent scam had invested their life savings.

👮‍♂️ Consequently, the police have launched an investigation into the operations of Clé du Succès which is being overseen by the Research and Investigation Section (SRI).

⏺Meanwhile, the report revealed that high-profile personalities are among the hundreds of CAR residents who fell victim to Clé du Succès’ scam. Such high-profile personalities include unnamed lawmakers, senior government employees, and traders.
Please open Telegram to view this post
VIEW IN TELEGRAM
15.4K views
Droppers of btc
🎲 TG.Casino: The World's No 1 Telegram Casino 🎲

✅ Enjoy licensed, safe, and anonymous crypto gambling.

✅ $TGC Presale: Staking during presale is LIVE. First phase is nearly complete so no better time than now to buy at lowest possible price. Presale buyers can also wager $TGC in the casino NOW and enjoy 25% cash back on all losses when wagering $TGC.

🚀 Why Choose TG.Casino?

✅ Crypto Casino Boom: Valued at $250M and growing, crypto casinos are a rising force in the $263B global market.

✅ Game Diversity: From slots to sports betting, we have it all.

✅ TG.Casino: Leading the next wave of online gaming. Optimized for 1B Telegram users with a mobile-first design. Also available in the US!

👉Sign up here: https://t.me/tgcasinoofficialbot?start=DB👈

Website: https://tg.casino/
Twitter: https://twitter.com/TGCasino_

🤩🚀 Don't wait! Join the world's best crypto casino TODAY! 🤑
15.2K views
Droppers of btc
‼️ $720 Million Lost via 117 Hacking Incidents in Q3 of 2023 — Study

➡️ According to the latest Web3 security report by the blockchain security auditor Hacken, there were a total of 117 hacks in Q3 of 2023 while the value of funds stolen in this period topped $720 million. For context, there were 131 hacks in the preceding quarter yet only $327 million was stolen.

📣 While the losses ($49.80 million) from rug-pull incidents are significantly lower than the $449 million lost via access control and reentrancy, the study data shows rug-pulling incidents as the most prevalent form of attack.

❓ On why cybercriminals still siphon user funds via this tactic, the Hacken report revealed that approximately 15%, or 12 out of 78, examined rug pull incidents had been audited. Furthermore, the report noted that many users often overlook a project’s poor audit score. However, such a score may sometimes indicate an even deeper problem.

➡️ Meanwhile, the report urged users to analyze token ownership, liquidity conditions, and audit outcomes before investing their funds. Users should also prioritize projects with renounced admin controls and community-led finances, the report added.
Please open Telegram to view this post
VIEW IN TELEGRAM
15.4K views
Droppers of btc
💰 Coinshares Report Shows Rising Optimism in Digital Assets Drives Strongest Inflows Since July 2022

🗂 This week’s Coinshares report, Volume 155, highlights the rising optimism and a higher rate of inflows. Bitcoin (BTC) dominated the influx, capturing 90% of the inflows at $296 million, demonstrating market confidence despite recent price increases. Coinshares researchers also noted substantial inflows into various alternative digital assets. However, this renewed optimism did not extend to ethereum (ETH), which experienced a $6 million outflow.

💲 The report further indicates that the market is responding positively to the current conditions, with BTC leading the way in terms of investor interest and capital allocation. Interestingly, the research also notes a $15 million influx into short bitcoin investment products, highlighting a segment of the market hedging against potential future declines in bitcoin’s value. Last week, BTC’s climactic rise to $35,000, erased $232 million in short positions in a single day.

➡️ The crypto market report highlighted that total assets under management (AUM) are now standing at $37.8 billion, the highest since May 2022. Regionally, only 12% of the flows came from the U.S., totaling $38 million. Coinshares attributes this to investors awaiting a spot-based exchange-traded fund (ETF). .
Please open Telegram to view this post
VIEW IN TELEGRAM
15.2K views
Droppers of btc
November promises to be a very eventful month for all participants of the Sundae project

Is this tied to the project's creator announcing an imminent token listing on a major exchange or the upcoming Sundae Day in the USA? We will find out soon.

A reminder of what is known about the project:

Sundae is a crypto token that equates to digital art. Currently, Sundae is available at the price of an ice cream, but in a month, the token's value may reach $25, and subsequently $50, $100, or even $1000.

What is remarkable it's the coincidence: one of the Sundae creators posted information about the project on Telegram, and 20 minutes later, Elon Musk posted a photo where he was eating Sundae ice cream in his childhood. It might be a coincidence, but it could also be Musk's intention.

Investing in Sundae today might resemble buying McDonald's stocks on its opening day in 1940 or accidentally purchasing a Picasso drawing for ten dollars.

The Sundae project was established by the team of Odyssey and the popular meme token Grimace.

This pathetic uptrend on the crypto market you call a pump is just a dead cat's bounce.

Save yourself with the help of the main defensive asset in the world. Сlock's ticking ©
15.3K viewsedited  
Droppers of btc
Don't look for a broker anymore!

ForexChief with 24/7 English support through Website, Telegram, and WhatsApp, as well, has an English Telegram Group for discussion and signal exchanging. It also offers the following services:

🎁 $100 No Deposit Bonus (limited)

💵 Up to $500 Welcome Bonus (Double your deposits!)

💰Trading credits (up to 70% credit per deposit)

🏦 $1000 bonus for PAMM accounts (for professional traders)

💳 Various deposit and withdrawal methods as Crypto, Perfect Money, Local Bank Transfers, etc.

🧮 The narrowest spreads, including Cashback in MT4 and MT5

✅ And dozens of other special services...

For more information, join the ForexChief English group👇
https://t.me/xChief_English

Exclusive registration link to receive free $100 bonus and other services:👇
https://pro.cxchief.com/hpi
15.4K views
Droppers of btc
🚫 Infowars Host Alex Jones Lost 10,000 Bitcoin in Max Keiser’s Quiz

➡️ Alternative journalist and Infowars host Alex Jones lost the opportunity of regaining a 10,000 bitcoin gift that international journalist and Bitcoin enthusiast Max Keiser gave to him more than ten years ago.

The questions that Keiser asked Jones were, in order:

-How many total bitcoin are there ever going to be in existence?
-How often does the difficulty adjustment adjust?
-What’s the core hashing algorithm called?
-How often, on average, do new blocks appear?
-Is Craig Wright Satoshi Nakamoto?

⚫️Keiser showed frustration with Jones’ answers, stating that he had given up on $800 million, while Jones acknowledged, tongue in cheek, that it was better for him to lose this opportunity.

Jones stated:

❕ It’s like people that didn’t win the lottery: I’m glad that I didn’t get the 10,000 bitcoin frankly, I’d probably be dead by now.

⚫️ During the quiz, Keiser repeatedly showed his frustration with Jones’ lack of seriousness, criticizing his lack of knowledge when he was aware he would face this 10,000 bitcoin test.

❕ Regarding the last question, Jones assumed it was a trick question, stating that Keiser would not give him 10,000 bitcoin now that its price had gone up so much. But Keiser said anyone reading the news could have answered the fifth question.
Please open Telegram to view this post
VIEW IN TELEGRAM
15.2K views