LordBright

#bitcoinhalving #Megadrop #BullorBear #BitcoinBuzz #Bitcoin❗️ $BTC $BNB $ETH

U.S. Senate Proposes 1% Tax On BTC Holdings Over $500K To Align Crypto With National Tax Regulations?

The U.S. Senate on 21st April, Sunday, proposed a new tax regulation for the cryptocurrency industry. According to the new proposed regulation, individuals, trusts, and entities holding BTCs worth over $500,000 will be liable to pay 1% as tax.

The aim is to treat digital and traditional assets equally and make sure they make their fair contribution to federal revenues. Further, this step reflects the growing significance of cryptocurrencies in the financial landscape.

A well-known media house known crypto and Bitcoin investor with a substantial followers of 674.8K on the “X” platform recently posted a copy of a bill which was proposed by Elisabeth Warren to the President of the United States.

In the bill, the Senate proposes that individuals, entities, and trusts holding cryptocurrency assets worth over $1,000 would be required to report to the Internal Revenue Service (IRS). The prime reason for this initiative is for the IRS to effectively monitor and enforce tax compliance in the cryptocurrency space.

Source
warren.senate.gov/legislation

This tax initiative is proposed taking into consideration the growing wealth inequalities in the country because of the increasing number of cryptocurrency holders. By taxing the wealth earned from cryptocurrencies, contributors will make their fair share to support vital public services and investments. file:///var/tmp/com.apple.messages/com.apple.MobileSMS/LinkedFiles/216B6103-3C21-4F4A-98A5-83057D846246/GLxezgQWcAEIJ3e.jpg

#bitcoinhalving #HalvingHorizons #BullorBear #BTCHalvingApril2024
Bitcoin (BTC) Price to Hit New ATH Before April 20th: Here’s Why.

Bitcoin’s (BTC) price is attempting to rally beyond the resistance level of around $71,000 again after a fake breakout earlier this week that saw the instrument rebound to the support level of around $68,000. On-chain data shows that Bitcoin whales have accumulated more coins despite market volatility.

In the latest update, South Korea’s pro-Bitcoin Democratic Party, which promised to allow investors to invest in spot BTC ETFs locally and overseas, has won the national election. The move follows a push by Hong Kong fund managers to offer regulated spot Bitcoin ETFs.

After dumping into the market after the approval of spot Bitcoin ETFs in the United States, Grayscale’s GBTC recorded the lowest cash outflow of about $18 million on Wednesday. The move comes as Grayscale’s CEO Michael Sonnenshein announced plans to reduce the sponsor fee through the Grayscale Bitcoin Mini Trust, which is yet to be approved by the U.S. SEC.

Meanwhile, BlackRock’s IBIT and Fidelity’s FBTC hold more than 411k Bitcoins combined.
According to a popular crypto analyst, Lord Bright, the Bitcoin price must crash the resistance range between $71k and $72k in the coming days to set a new all-time high (ATH) before the halving event. A consistent Bitcoin price close to $72k in the coming weeks will propel the entire altcoin industry.

According to a popular crypto analyst, Captain Faibik, the Bitcoin price will aim for $85k if it breaks out of the bullish pennant formation.
$BTC $ETH $BNB

#bitcoinhalving #BullorBear #BTCHalvingApril2024 #BinanceACGroup #BinanceSquareCreator

Bitcoin Price Tests Support Of This Pattern Amid Rising Inflation! Will BTC Price Plunge Hard?

Bitcoin has been experiencing a downward trend for over 48 hours as investors eagerly awaited the release of CPI data. Following the recent release of CPI data, which surpassed expectations, BTC’s price felt the pressure and extended its decline towards weekly support levels. Analysts are now expressing concern, as breaching the pattern’s trend line could trigger bearish control.

Bitcoin Struggles Amid Rising Inflation

Following the U.S. Bureau of Labor Statistics’ report of a 0.4% rise in the Consumer Price Index for March, both Bitcoin and Ethereum experienced declines exceeding 2.5%. This indicates that inflation in March remained almost the same as it was in February, standing at 3.5%, as per the latest data from the Bureau of Labor Statistics (BLS).

High inflation rates pose challenges for both crypto markets and stocks. This is because if inflation stays higher, it’s unlikely that the U.S. Federal Reserve will decrease federal interest rates. The existence of high interest rates strengthens the attractiveness of traditional safe investments like treasury bonds compared to crypto assets.

At a Stanford University event, Federal Reserve Chairman Jerome Powell expressed confidence that the Fed wouldn’t increase rates in the short run. However, he also highlighted that there’s no urgency to decrease rates either. Last week, the U.S. Bureau of Labor Statistics provided an update on employment data, indicating a rise in payrolls for March with the unemployment rate remaining steady at 3.8%. Despite this, the announcement didn’t do well for crypto markets, which experienced a decline last week.

The BTC/USDT pair is currently retesting the pattern’s ascending support line at $67K. While buyers are strongly defending the support line, a decline below this level could set the stage for the pair to trigger intense selloff, leading to a decline toward the support zone

#BullorBear #bitcoinhalving #fintech #BinanceACGroup #BTCHalvingApril2024

Get ready for the financial revolution as New York FinTech Week 2024 kicks off from April 8th to April 12th in the heart of the financial world – New York City. This annual event is a testament to the thriving and dynamic landscape of the fintech industry, bringing together innovators, entrepreneurs, investors, and enthusiasts for a week of collaboration, learning, and networking.

New York FinTech Week is not just a conference; it's a comprehensive and inclusive collaboration of the entire startup ecosystem. The week-long series of events encompasses a diverse range of fintech initiatives, catering to a broad audience. From high-profile conferences featuring industry leaders to intimate, invitation-only roundtables fostering deep discussions, and free community events open to all, there's something for everyone.

This year’s agenda promises to cover the latest trends, breakthrough technologies, and regulatory developments shaping the fintech landscape. Attendees will have the opportunity to gain insights from thought leaders, participate in engaging panel discussions, and connect with like-minded professionals from around the globe.

Whether you're a seasoned industry veteran or a newcomer eager to explore the world of financial technology, New York FinTech Week 2024 is the must-attend event to stay at the forefront of innovation and foster meaningful connections in the ever-evolving fintech ecosystem. Mark your calendars and get ready for a week that will shape the future of finance!$BTC $ETH $BNB

#Easter2024 #Memecoins #BinanceSquareCreator #BTC🔥🔥🔥🔥 #BNB"

"On this Easter Sunday, may the love of crypto fill your hearts ❤️ with joy, peace, and gratitude. Happy Easter!" "Wishing you all a blessed and joyful Easter surrounded by the love of family and the beauty of springtime." "May the miracle of Easter bring you renewed faith, hope, and endless possibilities. 💗 $BTC $BNB $SOL

#BTC #SecureYourTokens #XRP/USDT🔥🔥: #Binance #Securechainai $BTC $XRP $BNB
You have the greatest opportunity of a lifetime to be a part of a wonderful opportunity. Share the love and show some love because if you loose your chance now then you will forever be held responsible for your actions.

https://www.facebook.com/reel/424047523534036?fs=e&s=TIeQ9V&mibextid=xCPwDs#HotTrends $BTC $ETH $XRP

Rumors that Jeff Bezos unloaded Amazon stock for crypto 
On Feb. 21, Bloomberg broke the news that everyone’s favorite retail mogul Jeff Bezos offloaded 20 million Amazon shares worth an estimated $8.5 billion dollars. Sitting on that much cash may be smart for some, but with interest rates low and the US dollar still causing widespread global inflation, speculation started churning online that Bezos had eyed this moment as an entree to Bitcoin.
The source of the rumour? An X post by Apollo co-founder Thomas Fahrer, who conjures several spurious and one unsubstantiated rumour: Bezos was spotted dining with Michael Saylor, a rumour that was later dispelled.

https://twitter.com/thomas_fahrer/status/1762786958454280584?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1762786958454280584%7Ctwgr%5E5b34bbb336c03c1e69ecb73959c34a9c34f6a714%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcrypto.news%2Fjeff-bezoss-8-5b-for-buying-crypto-4-5k-eth-for-alien-punk-and-more-succulent-crypto-gossip-opinion%2F

Thomas | heyapollo.com

@thomas_fahrer
·
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Is Jeff Bezos piling into #Bitcoin right now?

Mingling with Michael Saylor?

Just liquidated $8.5 billion in Amazon stock?

Sitting on cash? Unlikely, he's sharper than that.

Bitcoin's price pump, hinting at billionaire FOMO?

Something's up.

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#Write2Earn #TrendingTopic #TradeNTell #BTC #USDT. $BTC $BNB $ADA Tether Minting Fuels Bitcoin Price Surge: Correlation or Coincidence?

Bitcoin has surged beyond $65,000, paralleled by the Tether Treasury’s issuance of an unprecedented 1 billion USDT. This alignment sparks conversations within the crypto community, given Tether’s historical connection with notable upswings in Bitcoin’s value, prompting renewed discussions on its potential impact.

Renowned crypto investor LordBright stirred the conversation, asking the community in a post: “$1,000,000,000 USDT got minted. Which coin are they planning to pump?” This question adds to the intrigue surrounding the significant injection of Tether into the crypto market.

Tether’s CEO, Paolo Ardoino, addressed the speculation, clarifying that the newly minted $1 billion USDT is reserved for future issuance requests and chain swaps. This authorized but not issued transaction serves as inventory for upcoming needs. Additionally, Tether achieved a significant milestone, crossing the $100 billion market capitalization mark, reflecting a 9% year-to-date growth. Tether’s dominance in the stablecoin market, with over 70% market share according to DefiLlama, is further solidified.

However, Tether’s growing market cap and dominance have caught the attention of JPMorgan analysts. They express concerns about potential issues related to regulatory compliance and transparency, highlighting the need to address these matters in the digital currency world.

#Write2Earn #TrendingTopic #TradeNTell #BTC #BTCPrize Bitcoin Price Analysis: Here is When the BTC Price May Explode Again.

Since the beginning of February, the crypto markets have had an extremely bullish influence. The volume has been exceeding every day, indicating the massive involvement of the market participants. Now that the BTC price is consolidating within a very narrow range, it is expected that the token could replicate a previous price action soon. With this, the price could trigger a 25% jump and mark the highs beyond $75,000, but when?

The latest price action suggests Bitcoin has officially entered a bull market and is getting ready for another huge breakout. According to some reports, the OTC desk balances are running close to zero, which indicates that large institutions may again start to accumulate. Therefore, this could be a major reason to be bullish on Bitcoin, along with the fact that profit-taking activity has slashed heavily compared to that of the 2021 bull run. 

This suggests the investors and the institutions are still holding regardless of the recent bullish price action, as they expect a larger profit in the coming days. The price is consolidating within a narrow range, as it was around $50,000 to $52,000 for over 10 days in the previous month. Therefore, the Bitcoin (BTC) price is believed to consolidate between $61,000 and $63,000 for some time ahead, which may trigger a fresh bullish push beyond $70,000 in the coming weeks.$BTC $XRP $ADA

#Write2Earn #TrendingTopic #TradeNTell #BTC #BullRun🐂 $BTC $BNB $ADA Bitcoin (BTC) Price to Reach ATH By Weekend, But There Is a Catch.

The ongoing Bitcoin (BTC) bull run entered a different phase after the resistance range between $57,000 and $60,000 was smashed within a day. Bitcoin price has gained more than 9 percent in the past 24 hours to trade around $63,205 on Thursday. As a result, Bitcoin price is on the cusp of having the largest monthly bullish close even before the halving occurs. 

In addition, whale trades involving more than $1 million per transaction amounted to over 3,661 transactions. Bitcoin price is now aiming for an all-time high (ATH) after yesterday’s rally above $63k. Furthermore, there is no major resistance level until $69k, which could mean a new ATH before the upcoming halving. 
Meanwhile, profit-taking from Bitcoin short-term holders could accelerate in the coming weeks, and yields distributed to the altcoin market. Consequently, the altcoin market could gain more as more investors speculate on the inevitable rally. file:///var/tmp/com.apple.messages/com.apple.MobileSMS/LinkedFiles/93DDB432-BB5C-4CB1-AAB7-3425D1434EFF/IMG_3864.jpeg

#Write2Earn #TrendingTopic #TradeNTell #BTC #AltcoinBoom! Bitcoin Testing the Final Resistance Before the ‘ATH’: When Will the AltSeason Begin?

Bitcoin halving is just 52 days away, and the BTC price is only 20% away from its current ATH at $68,789.63. Besides, the spot ETF inflows are marking new highs, which has been one of the major reasons that the BTC price recovered from the FTX fiasco in just 16 months. Looking at the broader market figures, the altcoins maintain their calmness without recording huge bullish candles. 

Now that the BTC price is close to record new highs, when will the altcoins be on their journey to the ATH? It is worth noting that Bitcoin is close to its ATH and has also achieved new highs in various parts of the world, but altcoins are way behind their target, due to which the start of an AltSeason may differ. 

The altcoin market cap has cleared one of the key resistance levels at $936.44 billion and is heading to reach the milestone of $1 billion. Therefore, once the levels hit the milestone at $1 billion, a minor retracement can be expected, which may not be a pullback as the markets may continue to remain under bullish influence. One of the popular analysts, anonymously known as LordBright, says that the Bitcoin price may find its new highs somewhere in April or May and hence the AltSeason may also begin at the same time, after the Bitcoin halving. $BTC $BNB $XRP

#Write2Earn #TrendingTopic #TradeNTell #BTC $BTC $BNB $XRP BTC Price Records 26-Month High! $60K Next Stop For Bitcoin?

The market leader, Bitcoin, has displayed a massive price action over the past few hours by adding over 10% to its valuation, resulting in it successfully achieving its $56,000 mark.

Recently, the bulls successfully broke out of the resistance level and recorded a jump of approximately 10%, breaking out of multiple resistance levels. Further, the price has recorded a 26-month high, indicating a massive bullish sentiment for the leader in the crypto market.

If the market continues to gain momentum and pushes the price above the resistance level of $57,224, the bulls will regain power and prepare to test its upper resistance level of $60,000 this week.

Conversely, if a trend reversal occurs, the bears will lose momentum and fall to test its support level of $54,501 soon. Moreover, if the bears continue to dominate the market, it will plunge and prepare to test its lower support level of $50,337 in the coming time.

#Write2Earn #TrendingTopic #TradeNTell #BNB‬ BNB Price Achieves Major Milestone! Binance Coin Price To Rally 50% This Month?

The Binance coin recorded a neutral trend for a brief period, indicating a rise in the disinterest of investors in this altcoin. However, the BNB token has regained momentum and has recorded a notable run over the past few days.

The Binance coin price recorded a jump of approximately 5% within the past day but has added over 31% to its portfolio this month, highlighting a positive outlook for the token in the coming time. Further, the token has successfully achieved its $400 mark, indicating a bullpower in the market.

If the market pushes the price above the resistance level of $401, the bulls will regain power and prepare to test its upper resistance level of $420 this week. Maintaining the price at that level will set the stage for the BNB coin to attempt to test its upper limit of $435 in the upcoming weeks.
Conversely, if the bears overpowered the bulls, the BNB coin price would lose momentum and fall to test its support level of $384. Moreover, if the bears continue to hold power over the bulls, it will plunge and prepare to test its lower support level of $364.5 in the coming time.$BNB $BTC $XRP

#Write2Earn #TrendingTopic #TradeNTell #xrpbullish #ADAAnalysis XRP Army May Transcend Cardano Bulls to Reach $1 First: Here’s When!

The crypto market had achieved the milestone of a $2 trillion market cap as Bitcoin prices soared above $52,000 and approached close to $53,000. This was when the Ripple (XRP) price headed close to $0.6, while the Cardano (ADA) price surpassed it and achieved $0.64. Further, both the tokens faced bearish heat, but the current trade setup suggests that XRP may reach a dollar much before ADA. 

*The weekly chart of ADA price displays the token being at the neckline of a parabolic recovery after the 2021 bear market.
*However, the token is facing immense trouble in rising above $0.68, which has become one of the crucial resistances to achieving.

*Being a little different from the ADA price, the XRP price has been displaying acute variations, trading within a rising parallel channel.
* Therefore, the XRP price is believed to maintain a consolidated upswing to reach $0.85, the upper resistance of the channel. If the bulls maintain some strength, then the possibility of reaching $1 may become stronger if the price rises beyond $0.95. $BTC $XRP $ADA

#Write2Earn #TrendingTopic #TradeNTell #BTC #satoshiroundtable $BTC $BNB $XRP Satoshi Nakamoto Unmasked? New Emails Reveal Shocking Insights from Bitcoin’s Mysterious Creator.

Bitcoin’s price is critical, testing a crucial support level that can determine its next direction. Amidst such price tension, the cryptocurrency community is abuzz with revelations from emails exchanged between Bitcoin creator Satoshi Nakamoto and one of his earliest collaborators, Martii ‘Sirius’ Malmi. These emails provide valuable insights into Satoshi’s vision for Bitcoin, touching on network nodes, energy efficiency, and legal concerns.

The release of Satoshi’s emails, part of the ongoing London court case involving the Crypto Open Patent Alliance (COPA) and Craig Wright, has sparked significant discussion. Messages between Satoshi and early collaborators, including Adam Back, offer “staggering” clues about Satoshi’s identity, challenging the longstanding mystery surrounding the Bitcoin creator. Notably, Satoshi’s downplaying of his writing abilities is contradicted by Malmi, who describes his English as “perfect.”
Back and Malmi, both testifying against Wright in London’s high court, are trying to prevent further objections from Wright, who has persistently claimed to be Satoshi Nakamoto without providing conclusive proof.

Bitcoin insiders, including Nic Carter and Pete Rizzo, have emphasized the significance of these email releases. Carter deems the clues about Satoshi’s identity as “staggering,” while Rizzo considers the information on Bitcoin mining’s energy efficiency as Satoshi’s “best new quote.” 
The fact that ‘Satoshi’ removed the term “anonymous” from Bitcoin.org adds another layer to the understanding of Bitcoin’s early development.

#Write2Earn #TrendingTopic #TradeNTell #binance- $BTC $BNB $XRP Binance Agrees to Pay $4.3 Billion Plea Deal, Takes Responsibility for Past Violations, What Now For CZ?

Binance Holdings Ltd., the world’s largest cryptocurrency exchange, has secured a judge’s approval for a historic $4.3 billion plea deal with the United States Department of Justice. This significant settlement comes as Binance acknowledges its role in past violations and actions during the leadership of former CEO Changpeng Zhao.
The plea deal, which was initially announced in November, resolves a lengthy investigation that uncovered Binance’s failure to report over 100,000 suspicious transactions, including those involving designated terrorist groups like Hamas, al Qaeda, and ISIS. 
Additionally, Binance was found to have supported the sale of child sexual abuse materials and ranked among the major recipients of ransomware proceeds.
As part of the plea agreement, Binance will forfeit $2.5 billion and pay a criminal fine of $1.8 billion, totaling a record financial penalty of $4.3 billion. The agreement also mandates compliance monitoring for three years by an independent firm, yet to be appointed, and requires Binance to enhance its anti-money laundering and sanctions compliance programs.

Meanwhile, Binance’s settlement marks a turning point, signaling efforts to address past issues and rebuild trust in the cryptocurrency space.

https://coinpedia.org/news/binance-agrees-to-pay-4-3-billion-plea-deal-takes-responsibility-for-past-violations-what-now-for-cz/

#Write2Earn #TrendingTopic #TradeNTell #BTC #BullMarket. $BTC $BNB $XRP Bitcoin Price Expectations Amid the Altcoin Awakening.

Bitcoin (BTC) price has continued to consolidate in the past seven days as the spot ETF frenzy normalizes. However, the number of Bitcoin holders with non-zero account holdings has declined over the past four weeks by around 729,000 to about 52.95 million as of today. On the other hand, the number of Ethereum (ETH) with non-zero holdings has reached an all-time high (ATH) of around 114.95 million. 

Bitcoin price has continued to accumulate more buyers with the recent consolidation, thus increasing the chances of an inevitable rally to the top. According to a popular crypto analyst Ali Martinez, Bitcoin price has already found a solid support zone around $51,500. 
As a result, the crypto analyst is confident BTC price will rally toward $57k if the support zone holds in the coming days. In the four-hour time frame, Bitcoin price has been forming a bullish rectangle, despite the falling divergence on the Relative Strength Index (RSI).
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#Write2Earn #TrendingTopic #TradeNTell #BNB #BinancaEarn $BTC $BNB $XRP Despite Rising Bearish Pressure, BinanceCoin (BNB) Remains Strong: Will the Price Reach $400 this Week?

No sooner than the Bitcoin price marked new highs close to $53,000, the bears took back control. The BTC price dropped below $52,000 quickly, which triggered a fresh consolidation phase within the markets. Amid the rising concerns of the next price action, an altcoin within the top 5 is manifesting its strength. BinanceCoin’s (BNB) price continues to maintain an elevated trend, being self-assured of ranging towards new highs. 

The weekly chart of the BNB price is extremely bullish, suggesting the price could reach a four-digit price target at the peak of the upcoming bull run. The price is trying to replicate the 2021 bull run by forming a similar technical pattern. The RSI in the long term has soared above the upper resistance for the first time since December 2020, which propelled the price by over 1600% for the next 6 months. If a similar trade repeats, then the BNB price may reach not less than $900, while $1000 may also not be a tedious job. 

Hence, it is believed the price could maintain a steep upswing in the upcoming days and reach $400, which may validate a resurgence of a bullish trend. Therefore, BinanceCoin’s (BNB) price prediction for the month remains bullish, with targets higher than $400.

#Write2Earn #TrendingTopic #TradeNTell #AIToken Top AI Tokens To Stack Before Bitcoin Halving To Maximize Profits!

The crypto industry had recorded a significant uptrend during the previous week as major tokens recorded massive price action in their respective portfolios. Further, the total market cap of the market is on the verge of achieving the $2 Trillion mark, indicating a strong bullish influence in the crypto space.

The Fetch.ai price traded in a consolidated range between $0.5211 and $0.6485 for over three weeks, following which the market regained momentum and the price gained just enough power to break its resistance level.

The THETA token traded in a closed range between $0.965 and $1.052 for a while, after which the bulls lost momentum, resulting in a THETA price breakdown. Following this, the price traded between $0.904 and $0.965 for a period.

The Ocean Protocol token traded sideways for a short period, following which the market lost momentum and the bulls broke down the support level. After testing its low of $0.0906, the ROSE token regained momentum and recorded a bounce back in the chart.

Despite the current market sentiments highlighting a negative trend for this sector, AI tokens are predicted to record massive price action in the upcoming months.$FET $THETA $ROSE